REGISTERED CHARITY NUMBER: 1063947
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
FOR
CAT ACTION TRUST
DSK Partners LLP D S House 306 High Street Croydon Surrey CR0 1NG
CAT ACTION TRUST
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
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Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Statement of Financial Position 5
Notes to the Financial Statements 6 to 9
Detailed Statement of Financial Activities 10 to 11
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CAT ACTION TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Introduction
The trustees are satisfied with the performance of the charity during the year and the position at 31st March 2021, and consider that the charity is in a strong position to continue its activities during the coming year and that the charity's assets are adequate to fulfil its obligations.
Objectives and Aims
The Cat Action Trust, the pioneer society for ferals, was founded in 1975 to help the feral cat. Feral cats are domestic cats living wild, either because they and their descendants have strayed from home or more commonly because they are unwanted and have been abandoned. The Cat Action Trust has since extended its care to include domestic cats and so will endeavour to help any cat, wherever they can.
The Cat Action Trust was founded by people who thought this slaughter of innocent cats is both cruel and senseless. How much better to control the cat population, to contain and maintain it. So, volunteers visited the cat colonies, trapped the cats, took them to the vets to be neutered, tamed the kittens and found them good homes, and returned those adult cats that were too old to change their feral ways to their sites.
The organisational structure and how decisions are made
The charity is run by a board of trustees who meet regularly during the year.
Legal Status
The charity is an unincorporated charity governed by a written trust deed adopted by its members. There are no restrictions in the governing document on the operation of the charity or on its investment powers, other than those imposed by general charity law.
Trustees' responsibilities
Charity law requires the trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing those financial statements the trustees are required to:
a) select suitable accounting policies and apply them consistently;
b) make judgements and estimates that are reasonable and prudent;
c) prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will continue in business.
The trustees are also responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the company, and enable them to ensure that the financial statements comply with the Charities Act.
OBJECTIVES AND ACTIVITIES
Statement of Public Benefit
The trustees believe that the trusts actions demonstrate its fulfilment of its public benefit obligations.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
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CAT ACTIONTRUST FOR THE YEAR ENDED 31 MARCH 2021 Rogistered Ch*rity 1063947 75 Park Lane Croydon CR9 IXS Trnstezs Mrs S J pr£ HMeiani%tic Mrs N Sea Mrs A Hamp h(s B Martin Mrs L M8rtitt lttdepeudent Elaner Romit BASU FCA ICAEW DSK PatthessLIP D S HoL4e 306 High Str¢rt Croydoll (RO ING ApprLbved by order of the IKwd of on......... H Mel#ttiffii¢- Trustee
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CAT ACTION TRUST
Independent examiner's report to the trustees of Cat Action Trust
I report to the charity trustees on my examination of the accounts of Cat Action Trust (the Trust) for the year ended 31 March 2021.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Romit Basu FCA ICAEW DSK Partners LLP D S House 306 High Street Croydon Surrey CR0 1NG
18/03/2022 Date: .............................................
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CAT ACTION TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Other trading activities 2 Other income Total EXPENDITURE ON Raising funds Other Total Net gains/(losses) on investments NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2021 Unrestricted fund £ 171,284 38,736 16,229 226,249 33,232 181,701 214,933 188,005 199,321 1,220,631 1,419,952 |
2020 Total funds £ 290,237 80,492 922 371,651 34,915 177,899 212,814 (226) 158,611 1,062,020 1,220,631 |
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The notes form part of these financial statements
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CAT AcfioN TRusr 31 tARCE 202 2021 2020 Unrestricknl Total futt& FIXED ETs Tngible a& 3.189 959.8(X) 6,378 771.795 961989 771173 Debtors C4th atbank and bat 786 459,163 444.410 459,949 445.333 Amourts fa]ling duewithin ooeye4r (1986) (1875) 456.963 442.458 1.419.952 1220.631 IA&Sri 1.419.952 1.220,631 Unrestri£ted fwML%.' 1.419.952 1,220.631 TOTAL FtJNDS .419.952 1.220.631 Ee a pproved by the B(rd of Ttth5 aTrl *bOrIst& for i%we .. and SiBt)ed C its bebalf by.. HMelanistiG. T[lee
CAT ACTION TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
1. ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
INCOME
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
CURRENCY
The financial statements are prepared in sterling which is also the functional currency of the company and rounded to the nearest pound.
EXPENDITURE
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
TANGIBLE FIXED ASSETS
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives at the following rates
Fixtures and Fittings - 25% straight line Motor vehicles - 25% straight line
Assets held under finance leases are depreciated in the same way as owned assets.
At each statement of financial position date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
TAXATION
The charity is exempt from tax on its charitable activities.
FUND ACCOUNTING
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
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CAT ACTION TRUST NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
1. ACCOUNTING POLICIES - continued
FUND ACCOUNTING
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. OTHER TRADING ACTIVITIES
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|2021|2020|
|£|£|
|Fundraising events|16,581|26,001|
|Shop income|22,155|54,491|
|38,736|80,492|
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3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
4. STAFF COSTS
The average monthly number of employees during the year was as follows:
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|2021|2020|
|Employees|2|2|
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No employees received emoluments in excess of £60,000.
5.
TANGIBLE FIXED ASSETS
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|Plant and|Motor|
|machinery|vehicles|Totals|
|£|£|£|
|COST|
|At 1 April 2020 and 31 March 2021|19,924|12,803|32,727|
|DEPRECIATION|
|At 1 April 2020|13,546|12,803|26,349|
|-|
|Charge for year|3,189|3,189|
|At 31 March 2021|16,735|12,803|29,538|
|NET BOOK VALUE|
|At 31 March 2021|3,189|-|3,189|
|At 31 March 2020|6,378|-|6,378|
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CAT ACTION TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
6. FIXED ASSET INVESTMENTS
| MARKET VALUE At 1 April 2020 Revaluations At 31 March 2021 NET BOOK VALUE At 31 March 2021 At 31 March 2020 There were no investment assets outside the UK. Cost or valuation at 31 March 2021 is represented by: Valuation in 2021 7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments and accrued income 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Taxation and social security Other creditors 9. MOVEMENT IN FUNDS At 1.4.20 £ Unrestricted funds General fund 1,220,631 TOTAL FUNDS 1,220,631 |
2021 £ 786 2021 £ 350 2,636 2,986 Net movement in funds £ 199,321 199,321 |
Listed investments £ 771,795 188,005 959,800 959,800 771,795 Listed investments £ 959,800 2020 £ 923 2020 £ 415 2,460 2,875 At 31.3.21 £ 1,419,952 1,419,952 |
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continued...
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CAT ACTION TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
9. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 226,249 TOTAL FUNDS 226,249 Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS Comparative net movement in funds, included in the above are as Incoming resources £ Unrestricted funds General fund 371,651 TOTAL FUNDS 371,651 |
Resources expended £ (214,933) (214,933) At 1.4.19 £ 1,062,020 1,062,020 follows: Resources expended £ (212,814) (212,814) |
Gains and losses £ 188,005 188,005 Net movement in funds £ 158,611 158,611 Gains and losses £ (226) (226) |
Movement in funds £ 199,321 199,321 At 31.3.20 £ 1,220,631 1,220,631 Movement in funds £ 158,611 158,611 |
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10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2021.
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CAT ACTION TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021
| INCOME AND ENDOWMENTS Donations and legacies Donations Legacies Other trading activities Fundraising events Shop income Other income Interest received Government grant receivable Total incoming resources EXPENDITURE Other Fundraising costs Veterinary costs Equipment Admin Website costs Travel Shop expenses Collections Merchant charges Office costs Storage Plant & machinery depn Support costs Management Wages Pensions Rates and water Insurance Carried forward |
2021 £ 29,249 142,035 171,284 16,581 22,155 38,736 113 16,116 16,229 226,249 30,288 29,461 - 1,284 177 - 28,047 680 670 2,000 6,712 3,189 102,508 33,232 797 14,700 697 49,426 |
2020 £ 65,519 224,718 290,237 26,001 54,491 80,492 922 - 922 371,651 8,504 29,587 5,200 4,674 142 617 44,785 1,111 1,154 11,000 6,126 3,189 116,089 34,915 604 16,575 3,038 55,132 |
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This page does not form part of the statutory financial statements
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CAT ACTION TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021
| Management Brought forward Telephone Postage and stationery Advertising Sundries Finance Bank charges Governance costs Recruitment fees Accountancy and legal fees Total resources expended Net income |
2021 £ 49,426 2,959 1,760 2,465 18,648 75,258 453 27,677 9,037 36,714 214,933 11,316 |
2020 £ 55,132 2,271 2,533 2,959 313 63,208 945 25,313 7,259 32,572 212,814 158,837 |
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This page does not form part of the statutory financial statements
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