Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13-.49-.12 BST (UTC +11 D 111 P 1124 Registered number: 02376162 Charity number.. 1062441 INTERNATIONAL GUIDE DOG FEDERATION (A company limited by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13-.49-.13 BST (UTC +11 D 111 P 2124 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} CONTENTS Page Reference and administrative details of the company. its Trustees and advisers Trustees. report Independent examiner's report Statement of financial activities Balance sheet Statement of cash flows Notes to the financial ststements 12-22
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13-.49-.13 BST (UTC +11 D 111 P 3124 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2021 Trustees Mrs C Baroni-Pretsch Mr W Jones, Treasurer Ito 22 September 20211 Mr S Tanoue (elected lo the Board 22 September 20211 Mr K Oda Irelired 22 September 20211 Mr T Slafford Mr W S Thornton, Board Chair Ms C Turc, Vice Chair Mrs K Hayes (Treasurer from 22 September 20211 Mrs C Benninger (elected to the Board 22 September 20211 Company registered number 02376162 Charity registered number 1062441 Registered office Hillfields, Reading Road Burghfield Common Reading Berkshire RG7 3YG Company secretary Mr D Maynard Chairperson Mr W S Thornton Accountants James Cowper Kreslon Chartered Accountants Reading Bridge House George Street Reading Berkshire RG18LS Page 1
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13-.49-.14 BST (UTC +11 D 111 P 4124 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 The Trustees (who are also Directors of the ¢harily for the purposes of the Companies Act) present their Annual Report together with the financial statements of the International Guide Dog Federation (the Company) for the year ended 31 December 2021. The Trustees confirm that the Annual Report and financial statements of the company comply wth the current statutory requirements, the requirements of the companys governing document and the provisions of the statement of Recommended Practice ISORPI, applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20191. STRUCTURE. GOVERNANCE AND MANAGEMENT Govorning document The charity is controlled by ils governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act. Nomination and appointment of Trustees The Board of the International Guide Dog Federation is a representative and goveming body that resolves current issues, oversees Committee and Task For activities, sets standards, approves new and Continuing members, and develops and monitors strategic plans for the future of the Federation. The members at the Annual General Meeting elect the Directors of the International Guide Dog Federation. The term of office is for a period of four years, or as determined by resignation. The Directors may stand for consecutive four-year terms on the International Guide Dog Federation Board., thereafter they must sland down for a minimum of two years. The Board elects the Chairperson and other Officials. Board mg8ting$ The Board met fourteen times during 2021. Organisational structura The Board of the International Guide Dog Federation has appointed five wort(ing Committees.. the Accreditation Committee, the Development Committee, the Finan Committee, the Communications Committee, and the Education Committee. The objectives of the Federation are achieved through the work of these committees. The Company Secretary is a¢counlable to the Chairperson and is responsible for the general administration and company secretarial duties. The Chairperson conducts meetings with the Company Secretary on al least a monthly basis. The Accreditation Committee IACI - Chaired by Susan Armstrong (United Slates), members.. Chris Muldoon Iunited Kingdom), David Grice (United Kingdom), and Paul Adrian (Auslralial. The AC has between three and rive lechnical-expert Committee members from around the world, including a Chair appointed by the Board. Ongoing and regular liaison with the IGDF Board is directed through the Committee Chair. A Board member is appointed by the Board to liaise with the Committee Chair. This committee is responsible for establishing and monitoring the technical standards of member organisations. The committee ulilises around twenty eXperIend Guide Dog Instructors as Assessors to conduct assessments of organisations. Organizations, a¢¢reditalions lake place every five years lo ensure compliance with the IGDF Standards. The AC meets in person On a year and conduct monthly leleconferen¢es lo review the policies and procedures of the accreditation process. The ¢ommillee reviews completed assessment reports submitted by the IGDF Assessors on Completion of standards Accreditations completed al member organisations around the worfd. Page 2
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13-.49-.14 BST (UTC +11 D 111 P 5124 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} TRUSTEES. REPORT {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2021 The Development Committee IDC} - chaired by Brad Hibbard (United Slates) until August 2021, members.. Jane Bradley {Austr81ial appointed September 2021, Julijana Malesic (Hong Kongl appointed September 2021, Fabiano Pereira (Brazil} appointed September 2021, Bob Proesmans (Belgiuml. Ivana Merryman-Boncori {Denmarkl - Chair from August 2021, Lee Slanway (United Kingdom), and Lukas Franck (United Slates). The DC works with member organisalions to advise them on development and improvement plans when requested by the Board or AC. The DC is comprised of three to five members with global experience in the guide dog industry, including a Chair appointed by the Board. Ongoing and regular liaison with the IGDF Board is directed through the Committee Chair. The DC will meet in person once a year and conducts monthly teleconferences in order lo update committee members as lo new development projects. The DC has professional and technical communication with members lo assist with their future development and advises Applicant Organisations Ilhose seeking to apply for membership), as well as Enquiring Organisalions Ilhose formally working towards accredited membership) in starting up their organisalions. All applications to become Enquiring Organisations or Applicant Organisalions are submitted lo the Board for approval. The Finance Committee IFC) develops policies and vIewS the finances, annual budgets, monthly accounts, the annual report, investment policy and tactics and audits of the Federation's activities and expenditures. This committee is comprised of three Directors and is chaired by the Board Treasurer. The Communlcatlon Commlttee ensures that member organisations are kept up to date with news from the IGDF Board through, primarily, Visionary, the website, and E-News and assumes the lead on slrucluring the agenda for the biennial conference. This committee is Comprised of three Directors and is chaired by a Board Member. The Educatlon Commlttee (Est December 20201- co-chaired by Christine Baroni-Pretsch {Switzerlandl and Tim Stafford (United Kingdom), members.. Lukas Franck (United Stslesl, Paul Adrian (Australia), and Sam Tawada (Japan). Education Committee develops and maintsins a comprehensive curriculum, and high-quality training resources for the education of Guide Dog Mobility Instructors and Guide Dog Trainers by individual IGDF organisalions. The Committee comprises three Board-appointed expert members and is co-chaired by two Directors. OBJECTIVES AND ACTIVITIES The vision of the International Guide Dog Federation is to create a wodd in which people who are blind or have low vision can access high-quality guide dog services lo live life on their terms. The mission of the International Guide Dog Federation is to support its members in their efforts to encourage and advance the provision of guide dogs as a safe means of independent mobility for people who are blind or have low vision. In November 2020, the IGDF Board began developing a new strategy. This work was infom)ed by a comprehensive member survey and was facilitated by Space28E Limited, a London-based strategy consultancy with expertise in the charity sector. The new strategy was launched in April 2021. The strategy is based on five pillars. Individual projects and initiatives have been developed to implement each of these key areas. The strategic pillars, each supported by specific objectives, are.. Govemance and Sustainability. A dynamic, professional, and financially secure organisalion with the necessary resources and processes lo deliver high-qualily member benefits over the long-lerm. Global Standards. Provide a global standards framework, for guide dog services lo benefit all users, dogs, employees, and volunteers. Global Influencer. We will be known as the 'thought leaderf, and the "global expert. for guide dogs. welfare, and service standards. Communication and Engagement. Develop accessible internal and external marketing and communications lo support member engagement and enhance global influence. Education. Inspire the development of organisational capability through the sharing of innovative expertise and knowledge and the provision of professional development. Page 3
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13-.49-.14 BST (UTC +11 D 111 P 6124 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} TRUSTEES. REPORT {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2021 During 2021 IGDF continued to review and refine the govemance framework, including policies, procedures, and committee terms of reference. New policies were developed and adopted. The Register of Members Interests was also reviewed and updated. During 2021, IGDF continued actively to the CENITC452 project lo develop European standards for guide and assistance dogs. In the early months of 2021, IGDF devoted significant lime and resources to the project lo develop intemalional standards for guide and assistance dogs with NEN, the Royal Dutch Slandardisation Inslitule, although this initiative came to an end in early 2021. The IGDF Stsndards were revised and presented to the members in early 2021. Some further amendments We made following member feedback and the revised Standards were published in July 2021. The revised Standards are effective from 1st January 2022. AC and DC continue lo work together lo help member organisalions achieve full compliance with the revised Standards. The new IGDF website was launched on 14th July 2021. The new website is fully accessible for users of assistive technology and contains extensive resources for IGDF organisalions to access. These include webinar recordings and guidance notes. IGDF worked with Australian accessibility and design experts to redesign the Visionary magazine and bring production in-house. The magazine is now fully accessible for users f assistive technology and includes new regular features. The decision to bring production in-house will result in cost savings over the medium term. A podcast based on the Visionary magazine has also been produced in partnership with Guide Dogs UK. Both are available on the IGDF website. No new organisalions became IGDF members in 2021. 1 member left the IGDF, meaning the total membership reduced to 98 members across 33 different countries. The Development Committee (DCI works with existing members that have identified development needs and, also, emerging organisations working toward assessment and IGDF membership in the future. The As a result of the global Covid-19 pandemic, no on-site development support was provided during 2021. The DC provided worldwide email, Zoom, and telephone support to nine Enquiring Organisations, twenly-two Applicant Organisalions and one Member Organisalion. The DC also reviewed and updated all application forms, guidance notes, documentation and processes relating lo the provision of development support. An Education Committee was estsblished in December 2020 to develop high-quality materials for the ongoing education and development of guide dog professionals around the wodd. The EC reviewed and updated the GDMI Curriculum in early 2021. This is 8 valuable resource for member organisalions. The EC then launched a project with Guide Dogs Queensland (Auslralial to develop an online training plafform for guide dog professionals. Maln actlvltles undertaken to further the charlty's purposes for the publlc beneflt In setting our objectives and planning our activities the Trustees have given careful consideration to the UK Charity Commission's general guidance on public benefit. Access lo services of the International Guide Dog Federation is open lo all relevant agencies and organisalions meeting or aspiring lo meet the IGDF standards and, through them, provide high quality guide dog services to people who are blind or have low vision across the wodd. Under the guidance of the IGDF International Standards, in 2021, member organizations managed over 22,000 working guide dog teams and graduated 2,405 new teams. Volunteers The Board, Committee members, and Assessors are all volunteers and receive no payment for their work, apart from the reimbursement of expenses. The members of the International Guide Dog Federation do have, and work with, volunteers in their respective countries. There are more than 33,000 volunteers throughout the world who work with the member organisations of the International Guide Dog Federation. They play a key role in assisting in the breeding and raising of dogs with professional staff and assisting the organizations with public relations. Page 4
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13-.49-.15 BST (UTC +11 D 111 P 7124 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} TRUSTEES. REPORT {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2021 ACHIEVEMENT AND PERFORMANCE Internal and external factors Internal and extemal factors that can affect the Intemalional Guide Dog Federation's achievements and performance are.. the quality of its Board and its staff the exlenl of collaboration between member organisations the availability and competence of Assessors the emergence of altemalive guide dog or assistance dog standards of a lower standard than those of the IGDF the release and promotion of future standards and conditions implementation of the Strategy the potential emergence of competitor I regional guide dog or other goveming associations around the world changes lo Government legislation or guide dog funding models in member countries significant changes lo the outcome of fundraising activities of members disruption to international travel, such as that resulting from pandemic disease FINANCIAL REVIEW During the year, the charity was notified of a legacy, the value of which is estimated at approximately £70,000. At the year end, the legacy had not been ceIved. The income has been recognised during the year and is included within debtors. 2021 had a surplus income of £78,11812020'. surplus of £61,564). The financial position of the organisation remains strong with cash in hand of £254,43612020.' £596,235) and an investment fund balance of £620,673 12020.. £278,765) for total reserves of £937,93812020'. £859,820) al the end of the year. Reserves policy The reserves policy of the International Guide Dog Federation ensures the maintenance of free and unencumbered financial reserves of a level judged by the Board lo be appropriate lo ensure continuity of core operations and activity for the forthcoming two-year period. The Finance Committee prepares an annual budget. which is approved by the Board before the beginning of the relevant financial year. In July 2021, the Board transferred £300,000 lo the long-lerm investment in Schroders Mulli-Assel Charity Fund. This money had been designated lo fund the development of an international ISO Standard for guide and assistance dogs. However, this project was discontinued in April 2021. These funds will now be redirected lo further develop and strengthen recognition of the IGDF Standards Inlernalionally. The IGDF is currently working with the United Kingdom Accreditslion Service IUKASI to achieve this. On completion of accreditation by UKAS, the IGDF will become an accredited certification body under ISO 17065. The International Guide Dog Federation currently has cash funds of £254,436 which trustees believe are more than sufficient lo cover the requirement of the Reserves Policy and still provide sufficient resources lo support the ambitions within the five strategic goals which includes increasing our staffing levels. The continued disruption to international travel during 2021, meant that IGDF spent much less on accreditation visits than expected. The global pandemic significantly affected IGDF'S income during 2021. This was due to a smaller number of guide dogs being produced by IGDF member organisations during 2020, resulting in lower member fees. The continued disruption will mean that 2022 income will also be lower than pre-pandemic. An additional member of staff was recruited in June 2021 to meet the increased demands of the new strategy. Higher staffing costs, the resumption of international travel and continued lower income due to the pandemic mean that IGDF is expected lo operate at a deficit during 2022. Page 5
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13-.49-.15 BST (UTC +11 D 111 P 8124 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} TRUSTEES. REPORT {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2021 Restrlcted funds Oerek Freeman Scholarshlp In a career with Guide Dogs UK, spanning 30 years, Derek Freeman was responsible for breeding and raising around 20,000 puppies. William Thornton (British Columbia Guide Dog Services) and Paul Keymer {Minnesola Guide Dog Breeding Cenlrel established the Derek Freeman Scholarship in his memory. The Derek Freeman Scholarships are funded by donations. The funds are held separately from other IGDF finances, and it is from this specific fund that grants are made. Grants are in the range of up lo £2,500 and are awarded biennially to staff of Member and Applicant organisalions of the International Guide Dog Federation. Scholarship funding supports travel, accommodation. and study at host organisalions during visits designed lo assist the applicant's continuing education in the field of guide dog breeding and puppy ffiising. Ken Lord Award This Award was established by the IGDF Board in 2001 to recognise the lifetime commitment of Ken Lord to the international guide dog movement. Ken Lord was one of the co-founders of the International Guide Dog Federation and served as its Chair. Nominees for this award must have been working within the international guide dog movement for at least 25 years in order lo be eligible for the award. The award is normally presented at the IGDF biennial conference. The Ken Lord Award is a recognition award and has no financial component. Principal funding sources Member subscriptions based on guide dog I client team numbers as well as fees for member assessments continue lo be the principal funding sources. Investment Policy IGDF investment policy has two goals., Provide Income lo carry out IGDF purposes in the short tem). Maintsin and enhance the value of the invested funds to enable IGDF to carry out ils purposes in the long term. To protect the real capital value over the long-term whilst generating a stsble distribution. The Investment Policy is reviewed annually by the Board TRUSTEES. RESPONSIBILITIES STATEMENT The Trustees (who are also directors of International Guide Dog Federation for the purposes of company lawl are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees lo prepare financial statements for each financial year. Under company law the Trustees musl not approve the financial statements unless they are satisfied that they give a true and fair view of the stale of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitsble company for that period. In preparing these financial stalemenls, the Trustees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charities Statement of Recommended Practice: make judgements and accounting estimates that are reasonable and prudent., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the charitable companls transactions and disclose with reasonable accuracy al any lime the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also spOnSible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 6
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13-.49-.16 BST (UTC +11 D 111 P 9124 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} TRUSTEES. REPORT {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2021 CHAIR'S REPORT 2021 has been another challenging year for IGDF and its members. Primarily with continued disruption to client services and breeding programs due lo Covid-19 conditions. In response to this challenge, the IGDF developed innovative flexibility in support and service for our members. Most notably through online education and networking webinars. Assessments, for established members, were switched to electronic and online formats lo avoid further delays in re-assessment. A key achievement of the year was the development of a new five-year Strategic Plan 'Slrengthening Connections" which sel out detailed objectives across IGDF'S core functions. This was completed and continues moving forward with feedback and input from our member organizalions. The Accreditation Committee completed the review of the IGDF Standard's and the revised Stsndards were launched during 2021. The AC reviewed 3 applications for full membership, although the accreditation of these organisations has been postponed due to the ongoing global pandemic. The AC completed the development of a process and procedures to enable assessments to be conducted remotely and a trial assessment took place during September 2021. The Development Committee recruited 3 new members during 2021. DC has continued to see demand for their services and has helped 1 IGDF member. 22 Applicant Organisations and 9 Enquiring Organisations through electronic communications. The Communications Committee has continued to work on ensuring all IGDF organisations are kept up to dale on the latest news, primarily through E-News {9 issues) and Visionary magazine 13 issues). A programme of knowledge sharing webinars was launched in January 2021. Al least one webinar was held each month, in addition to interactive online networking events. The new IGDF website went live on 14th July 2021. IGDF launched a new Discord channel to enable direct member-to-member communication in a safe and secure environment. The Education Committee published a revised Curriculum for Guide Dog Mobility Instructors and Guide Dog Trainers and worked closely with Guide Dogs Queensland to develop an online training platfomi for guide dog professionals.. At the end of 2021 IGDF has.. 98 Member Organisations 22 Applicant Organisations 9 Enquiring Organisalions 6 Affiliate Organisalions On behalf of the Board and the members of the IGDF, I would like to thank our IGDF volunteers. As a member driven organizalion, we simply cannot fulfil our mission and objectives wilhoul their support. Their dedication and attention to detsil is extraordinary, during these difficult conditions. I would also like lo thank two former Board members who have retired. Wells Jones IUSAI and Kazumasa Oda (Japan) both made an important contribution lo IGDF over many years. Lastly, thanks lo our professional team of David Maynard and Clare Pritchett for their diligence, guidance and support. Approved by order of the members of the board of Trustees and signed on their behalf by.. Mr W S Thornton Dale.. 16 Seplgmber 2022 Page 7
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13."49".16 BST (UTC +11 D 111 P 10R4 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 Indgpgndgnt Examiner's Rgport to the Trustegs of Intemational Guido Dog Fgderation {'the ompany.) I report lo the Charity Trustees on my examination of the acwunls of the company for the year ended 31 December 2021. Responsibilities and Basis of Report As the Trustees of the company land its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordan with the requirements of the Companies Act 20061.the 2006 Act'}- Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respe¢t of my examination of the company's accounts carried out under section 145 of the Charities Act 2011 1.the 2011 Acl'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145151{bl of the 2011 A¢t. Indgpgndgnt Examingr'$ Ststgmgnt I have completed my examination. l confirm that no matters have come lo my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the company as required by sertion 386 of the 2006 Act,. or the accounts do not accord with those records,. or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'lrue and fairf view which is not a matter considered as part of an independent examination: or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no Concerns and have come across no other mallers in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the acwunts to be reached. Signed= IPe Dated= 16 Septemb8r 2022 Alex Peal Bsc (Honsl FCA DChA James Cowper Kreslon Chartered Accountants Reading Bridge House George Street Reading Berkshire RG1 8LS Page 8
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13-.49-.17 BST (UTC +11 D 111 P 11R4 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2021 Unrestricted funds 2021 Restricted funds 2021 Total funds 2021 Total funds 2020 Notg Income from: Donations and legacies Charitable activities Investments 71,568 88.710 12.192 1,512 73,080 88.710 12.194 t,884 115,625 10,607 Total income 172,470 1,514 173.984 f28,If6 Expenditure on: Charitable activities 125.582 125.582 75,879 Total expenditure 125,582 125,582 75,879 Nel gains on investments 29.716 29.716 9,327 Net movement in funds 76.604 1.514 78.118 61,564 Reconciliation of funds.. Total funds brought forward Nel movement in funds 840,513 76.604 19,307 1.514 859,820 78.118 T98,256 61,564 Total funds carried forward 917.117 20,821 937,938 859,820 The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 12 to 22 fomi part of these financial statements. Page 9
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13."49".18 BST (UTC +11 D 111 P 14 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} REGISTERED NUMBER: 02376162 BALANCE SHEET AS AT 31 DECEMBER 2021 2021 2020 Note Fixed assets Investments Current assgts 10 620,673 278, 765 Debtors Cash at bank and in hand 11 71,196 254,436 1,209 596,235 325,632 597,444 Creditors.. amounts falling due within one year 12 {8,3671 {16,389J Net current assets 317,265 58t,055 Total ngt a$$gts 937.938 859,820 Charity funds Restricted funds 13 13 20,821 917.117 79,307 840,513 Unrestricted funds Total funds 937.938 859,820 The company was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company lo obtain an audit for the year in question in accordance with section 476 of Companies Act 2006. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect lo accounting records and preparation of financial statements. The financial statements have been prepared in accordance wtth the provisions applicable to entities subject lo the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by= Mr W S Thornton Dale.. 16 September 2022 The notes on pages 12 to 22 form part of these financial statements. Page 10
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13."49".18 BST (UTC +11 D 111 P 14 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2021 2021 2020 Notg Cash flows from operatlng actlvltles Nel cash used in operating activities 15 141,8011 47,836 Cash flows from Investlng actlvltles Dividends, interests and rents from investments Purchase of investments 879 1300,0001 Net cash (used Inllprovlded by Investlng actlvltles 1299.9981 879 Change In cash and cash equlvalents Sn the year Cash and cash equivalents at the beginning of the year 1341.7991 596,235 48.715 547,520 Cash and cash gquivalents at the fynd of thg ygar 16 254,436 596,235 The notes on pages 12 to 22 fom) part of these financial statements Page11
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13-.49-.18 BST (UTC +11 D 111 P 14R4 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Accounting poli¢igS 1.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Intemalional Guide Dog Federation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise slated in the relevant accounting policy. 1.2 Company status The company is a company limited by guarantee and is incorporated in the United Kingdom and registered in England and Wales. The statutory directors of the company are the Trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company. 1.3 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes lo the financial statements. Investment income, gains and losses are allocated to the appropriate fund. Page 12
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13."49".19 BST (UTC +11 D 111 P 154 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Accounting poli¢ig$ l¢ontinugdl 1.4 Income All income is recognised On the company has entitlement lo the income, il is probable that the income will be received and the amount of income receivable can be measured reliably. Gifts in kind donated for distribution are inclLJded at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included al the value lo the company where this can be quantified and a third paty is bearing the cost. No amounts are included in the financial statements for services donated by volunteers. Donated services or facilities are recognised when the company has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the company of the item is probable and that economic benefit Can be measured reliably. In accordan with the Charities SORP IFRS 1021, the general volunteer time of the Friends is not rewgnised and refer lo the Trustees, report for more information about their ¢onlribution. On reipt, donated professional services and facilities are recognised on the basis of the value of the gift lo the Company which is the amoLJnt it would have been willing to pay lo obtain servi8 or facilities of equivalent economic benefit on the open market; a corresponding amount is then rewgnised in expenditure in the period of receipt. Income lax recoverable in relation to donations reiVed under Gift Aid or deeds of covenant is recognised at the lime of the donation. Income lax recoverable in relation to investment income is recognised at the time the investment income is receivable. 1.5 Expgnditurg Expenditure is rewgnised once there is a legal or construdive obligation to transfer economic benefit to a third paty, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including support costs and governance cost are allocated to the applicable expenditure headings. Support costs are those costs incurred directly in support of expenditure on the objects of the company and include proje¢t management Carried out al Headquarters. Charitable activities and Governan costs are costs incurred on the companls operations, inclLJding support costs and costs relating to the governance of the company apportioned lo charitable activities. Expenditure is inclusive of irrecoverable value added tax, which is charged to the Statement of Financial Activities. Page 13
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13."49".19 BST (UTC +11 D 111 P 164 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Accounting poli¢ig$ l¢ontinugdl 1.6 Foreign ¢urren¢ig$ Monetary assets and liabilities denominated in foreign currencies are translated into slerfing at rates of exchange ruling al the reporting date. Transactions in foreign currencies are translated into sterfing al the rale ruling on the date of the transaction. Exchange gains and losses are recognised in the Statement of financial aclivilies. 1.7 Invgstmgnts Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured al fair value at the Balance sheet dale, unless the valLJe cannot be measured reliably in which case it is measured al cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as 'Gainsl{Losses} on investments, in the Statement of financial activities. 1.8 Cash at bank and in hand Cash at bank and in hand includes cash and short-lerm highly liquid investments with a short maturity of three months or less from the date of a¢quisition or opening of the deposit or similar acwunl. 1.9 Creditors Liabilities are re¢ognised when there is an obligation at the Balan sheet dale as a result of a past event, it is probable that a transfer of economic benefit will be required in selllemenl, and the amoLJnt of the settlement can be estimated reliably. Liabilities are recognised at the amount that the company anticipates il will pay to sellle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured al the best estimate of the amounts required to sellle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted al the pre-tax discount rale that reflects the risks specific lo the liability. The unwinding of the discount is recognised within interest payable and similar charges. 1.10 Financial instrumgnts The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instrLJments are initially recognised al transaction value and subsequently measLJred at their settlement value with the exptIOn of bank loans which are subsequently measured al amortised cost using the effective interest method. Critical accounting ostimatgs and argas of judgement Eslimales and judgements are continually evaluated and are based on historical experien and other factors, including expectations of future events that are believed to be reasonable under the ¢ircumslances. Critical accounting estimates and assumptions.. The company makes estimates and assumptions Conrning the future. The resulting accounting eslimales and assumptions will, by definition, seldom equal the related actual results. Page 14
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13-.49-.20 BST (UTC +11 D 111 P 17R4 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Incomg from donations and lega¢ig$ Unrgstrictgd funds 2021 Restricted funds 2021 Totsl funds 2021 Tol81 fvnds 2020 Donations Legacies 1,568 70,000 1,512 3,080 70.000 1,884 71,568 1,512 73,080 1,884 Total 2020 612 1,272 1,884 Investment income Unrestricted Restricted funds funds 2021 2021 Total funds 2021 Total fvnds 2020 Dividends 12,192 12.192 9, 728 879 Bank interest receivable 12,192 12,194 10,607 Total 2020 10,588 19 10,607 Page 15
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13."49".20 BST (UTC +11 D 111 P 184 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Incomg from ¢haritablg activities Unrestricted funds 2021 Totsl funds 2021 Tol81 fvnds 2020 Annual subscriptions Team fees Assessments 23,135 55,775 9,800 23.135 55,775 9,800 23,300 82, 125 70,200 88,710 88.710 115,625 Total 2020 115,625 7 15,625 Analysls of expendlture by actlvltles Support costs 2021 Total funds 2021 Total funds 2020 Expenditure 125,582 125,582 75,879 Total 2020 75,879 75,879 Page 16
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13."49".21 BST (UTC +11 D 111 P 19R4 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Analysis of expgnditurg by a¢tivitig$ {¢ontinuedl Analysis of support costs Totsl funds 2021 Total funds 2020 Activities 2021 Contractor fees Assessors workshop Insurance 68,356 3,483 2,251 582 68.356 3,483 2,251 582 37,828 2,503 2,243 615 1,966 7,615 7t,857 1,800 598 Project standards Collaboration Board meetings Assessments 10,574 3,225 4,178 14,240 1,426 870 350 13,239 2,808 10,574 3,225 4.178 14,240 1,426 870 350 13,239 2,808 Visionary- magazine Website Seminar Bank charges Office expenses Staff expenses Professional fees Independent examination 777 1, 132 345 3,900 2, 700 125,582 125,582 75,879 Total 2020 75,879 75,879 Independent examlner's remuneratlon 2021 2020 Independent examination Fees payable lo the company's independent examiner in respect of.. Preparation of the fi'nancial statements 1,975 t,890 810 Page 17
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13."49".21 BST (UTC +11 D 111 P 20R4 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Stsff costs 2021 2020 Wages and salaries 68,356 37,828 The average number of persons employed by the company during the year was as follows- 2021 No. 2020 No. Employees No employee received remuneration amounting lo more than £60,000 in either year. Trustees. remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2020- £NIL). During the year ended 31 December 2021, expenses tol811ing £225 were reimbursed or paid directly to 2 Trustees (2020- £7,615 to 3 Trustees). Page 18
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13-.49-.2Z BST (UTC +11 D 111 P 21R4 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Fixgd assgt invgstmonts Listed Investments Cost or valuatlon At 1 January 2021 Additions 278.765 312,192 29.716 Revaluations At 31 December 2021 620.673 Net book value At 31 December 2021 620.673 At 31 December 2020 278, 765 11. Debtors 2021 2020 Due within one year Trade debtors 452 447 Prepayments and accrued income 70,744 762 71,196 1,209 12. Creditors: Amounts falling due within one year 2021 2020 Other creditors 93 Accruals and deferred income 8,367 16,296 8,367 16,389 Page 19
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13."49".2Z BST (UTC +11 D 111 P 24 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ststgmgnt offunds ststement offunds - curront ygar Balance at 31 Dgcembor 2021 Balance at 1 January 2021 Gain$1 (Losses) Income Expenditurg Unrestrlcted funds General Funds - all funds 840.513 172,470 (125.5821 29,716 917.117 Restrlcted funds Derek Freeman fund 19,307 1,514 20,821 Total of funds 859.820 173,984 {125.5821 29,716 937.938 Statement of funds - prlor year Balance at 31 December 2020 Balance at l January 2020 Gains/ (Losses) Income Expenditure Unrestricted funds General Funds 780,240 126,825 (75,879) 9,327 840,513 Restricted funds Derek Freeman fund 18,016 1,291 19,307 Total of funds 798,256 128, 116 (75,879) 9,327 859,820 Page 20
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13".49."23 BST (UTC +11 D 111 P 24 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 14. Analysis of ngt assets betwegn funds Analysis of ngt as$gt$ betwgfyn funds - currgnt year Unrestricted funds 2021 Rgstricted funds 2021 Total funds 2021 Fixed asset investments Current assets Creditors due within one year 620,673 304,811 18,3671 620,673 325.632 18,367) 20,821 Total 917,117 20,821 937.938 Analysls of net assets between funds - prlor year Unreslriclgd funds 2020 Restricted funds 2020 Total funds 2020 Fixed asset investments 278, 765 578, 137 (76,389) 278, 765 597,444 (76,389) Current assets 19.307 Creditors due within one year Total 840,513 19,307 859,820 15. Reconciliation of net movement in funds to net cash flow from operating activities 2021 2020 Nel income for the year las per Statement of Financial Acliviliesl 78.118 61,564 Adjustments for: IGainslllosses on investments Dividends, interests and rents from investments Increase in debtors Increaselldecreasel in creditors 129,7161 112.1941 169,9871 (8,0221 (9,327) fl0,60T) (491) 6,697 Net cash providgd byl{usgd inl opgrating activitiOS 141,8011 47,836 Page 21
Virtualsignalure Transaction Rel. H8ZQ.L5VV.JPYL 16 S&p Z022 13."49".23 BST (UTC +11 D 111 P 24R4 INTERNATIONAL GUIDE DOG FEDERATION IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Analysis of cash and cash equivalgnts 2021 2020 Cash in hand 254,436 596,235 Analysis of changes in net debt At1 January 2021 Cash flows At31 December 2021 Cash at bank and in hand 596.235 1341,7991 254.436 18. Related party transactlons There were no related party transactions, other than trustee expenses as detsiled in note 9. Page 22