**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** **----- Start of picture text -----**
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
**----- End of picture text -----**
**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. Page 1 CAT ACTIONTRUST FOR THE YEAR ENDED 31 MARCH 2021 Rogistered Ch*rity 1063947 75 Park Lane Croydon CR9 IXS Trnstezs Mrs S J p￿r£ HMeiani%tic Mrs N Sea Mrs A Hamp h(s B Martin Mrs L M8rtitt lttdepeudent Elan￿er 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: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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: ............................................. Page 3 **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| |---|---|---| The notes form part of these financial statements Page 4 CAT AcfioN TRusr 31 ￿tARCE 202 2021 2020 Unrestricknl Total futt& FIXED ￿ETs T*ngible 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 I￿A&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. continued... Page 6 **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** **----- Start of picture text -----**
|||| |---|---|---| |2021|2020| |£|£| |Fundraising events|16,581|26,001| |Shop income|22,155|54,491| |38,736|80,492| **----- End of picture text -----**
## **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: **----- Start of picture text -----**
|||| |---|---|---| |2021|2020| |Employees|2|2| **----- End of picture text -----**
No employees received emoluments in excess of £60,000. ## **5.** ## **TANGIBLE FIXED ASSETS** **----- Start of picture text -----**
||||| |---|---|---|---| |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| **----- End of picture text -----**
continued... Page 7 **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| |---|---|---| continued... Page 8 **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| |---|---|---|---|---| ## **10. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2021. Page 9 **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| |---|---|---| This page does not form part of the statutory financial statements Page 10 **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| |---|---|---| This page does not form part of the statutory financial statements Page 11