Charity registration number: 1063947 ## Cat Action Trust Annual Report and Financial Statements for the Year Ended 31 March 2023 DSK Partners LLP D S House 306 High Street Croydon Surrey CR0 1NG ## **Cat Action Trust** ## **Contents (continued)** |Trustees' Report|1 to 3| |---|---| |Independent Examiner's Report|4| |Statement of Financial Activities|5 to 6| |Statement of Financial Position|7| |Notes to the Financial Statements|8 to 12| |Detailed Statement of Financial Activities|13 to 15| ## **Cat Action Trust** ## **Trustees' Report** The trustees present the annual report together with the financial statements of the charity for the year ended 31 March 2023.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 2023, 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 was established in 1975. Our aim is to assist any cat whether they are stray, feral, hoarded, abandoned or lost. These are the forgotten cats that without help would not receive the veterinary treatment, care and love they so badly need. To achieve this aim the Cat Action Trust supports a network of dedicated volunteers across England, Wales and Scotland. Our volunteers help trap, neuter and return feral cats to places where they will be fed, cared for and given a warm and comfy place to sleep. Where possible, any feral kittens will be socialised and cared for and rehomed in a domestic setting. Volunteer fosterers also take in unwanted and abandoned domestic cats of all ages and provide them with the necessary care a attention until a suitable loving home is found for them. All the cats that come into our care are neutered and given any veterinary treatment they may need. We are a non-euthanasia organisation and will only put a cat to sleep it they are terminally ill and suffering or so badly injured that they could not survive. We believe every cat and kitten deserves a chance to be healthy and cared for, preferably with a comfy lap to sit on. ## **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. Page 1 ## **Cat Action Trust** ## **Trustees' Report (continued)** ## **Statement of Trustees' Responsibilities** The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. ## **Objectives and activities** ## _**Public benefit**_ The trustees believe that the trusts actions demonstrate its fulfilment of its public benefit obligations. ## **Structure, governance and management** ## _**Nature of governing document**_ The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. Page 2 ## **Cat Action Trust** ## **Trustees' Report (continued)** ## **Reference and Administrative Details** Charity Registration Number: 1063947 Principal Office: D S House 306 High street Croydon Surrey CR0 1NG Trustees: L Martin H Melanistic B Martin A Hamp H O'Hare (appointed 25 January 2023) Independent Examiner: DSK Partners LLP Romit Basu FCA ICAEW D S House 306 High Street Croydon Surrey CR0 1NG The annual report was approved by the trustees of the charity on .................... and signed on its behalf 18/01/2024 by: ......................................... H Melanistic Trustee Page 3 ## **Cat Action Trust** ## **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 trustees on my examination of the accounts of Cat Action Trust for the year ended 31 March 2023. ## **Responsibilities and basis of report** As the charity trustees of Cat Action 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 Cat Action Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** Since Cat Action Trust's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of, which is one of the listed bodies. 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 Cat Action 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 accounting requirements of section 396 of the 2006 Act 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; or - (4) the accounts do not comply with the accounting 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 D S House 306 High Street Croydon Surrey CR0 1NG 18/01/2024 Date:............................. Page 4 ## **Cat Action Trust** ## **Statement of Financial Activities for the Year Ended 31 March 2023** |**Note**|**Unrestricted**
**Total**| |---|---| ||**funds**
**2023**| ||**£**
**£**| |**Income and Endowments from:**|| |Donations and legacies|314,532
314,532| |Other trading activities|51,735
51,735| |Other income|29
29| |Total income|366,296
366,296| |**Expenditure on:**|| |Raising funds|(14,948)
(14,948)| |Charitable activities|(183,441)
(183,441)| |Total expenditure|(198,389)
(198,389)| |Gains/losses on investment assets|15,186
15,186| |Net income|183,093
183,093| |Net movement in funds|183,093
183,093| |**Reconciliation of funds**|| |Total funds brought forward|1,627,510
1,627,510| |Total funds carried forward
10|1,810,603
1,810,603| ||| |**Note**|**Unrestricted**
**Total**| ||**funds**
**2022**| ||**£**
**£**| |**Income and Endowments from:**|| |Donations and legacies|241,095
241,095| |Other trading activities|59,316
59,316| |Other income|2,924
2,924| |Total income|303,335
303,335| |**Expenditure on:**|| |Raising funds|(22,220)
(22,220)| |Charitable activities|(162,523)
(162,523)| |Total expenditure|(184,743)
(184,743)| |Gains/losses on investment assets|88,966
88,966| |Net income|207,558
207,558| |Net movement in funds|207,558
207,558| The notes on pages 8 to 12 form an integral part of these financial statements. Page 5 ## **Cat Action Trust** ## **Statement of Financial Activities for the Year Ended 31 March 2023 (continued)** |**Reconciliation of funds Note**|**Unrestricted**
**Funds**
**£**
**Total 2022**
**£**| |---|---| |Total funds brought forward|1,419,952
1,419,952| |Total funds carried forward
10|1,627,510
1,627,510| All of the charity's activities derive from continuing operations during the above two periods. The notes on pages 8 to 12 form an integral part of these financial statements. Page 6 ## . **Cat Action Trust** ## **(Registration number: 1063947) Statement of Financial Position as at 31 March 2023** |**Note**|**2023**
**2022**| |---|---| ||**£**
**£**| |**Fixed assets**|| |Tangible assets
6|12,109
16,952| |Investments
7|1,063,952
1,048,766| ||1,076,061
1,065,718| |**Current assets**|| |Debtors
8|1,213
1,699| |Cash at bank and in hand|736,903
563,997| ||738,116
565,696| |**Creditors: Amounts falling due within oneyear**
9|(3,574)
(3,904)| |**Net current**assets|734,542
561,792| |**Net**assets|1,810,603
1,627,510| |**Funds of the charity:**|| |**Unrestricted income funds**|| |Unrestricted funds|1,810,603
1,627,510| |**Total funds**
10|1,810,603
1,627,510| The financial statements on pages 5 to 12 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:18/01/2024 ......................................... H Melanistic Trustee The notes on pages 8 to 12 form an integral part of these financial statements. Page 7 **Notes to the Financial Statements for the Year Ended 31 March 2023** ## **Cat Action Trust** ## **1 Accounting policies** ## **Statement of compliance** The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. ## **Basis of preparation** Cat Action Trust meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. ## **Income and endowments** 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 and amortisation** 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 **Asset class** Fixtures and Fittings Motor Vehicles **Depreciation method and rate** 25% Straight line 25% Straight line Page 8 ## **Cat Action Trust** ## **Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)** 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 structure** 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.Restrictionsarise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Pensions and other post retirement obligations** 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 Income from other trading activities** |**2**
**Income from other trading activities**||||| |---|---|---|---|---| ||**Unrestricted**|||| ||**funds**|**Total**||**Total**| ||**General**|**funds**|**2023**|**2022**| ||**£**|**£**||**£**| |Fundraising events|3,714||3,714|7,822| |Shopincome|48,021||48,021|51,494| ||51,735||51,735|59,316| ## **3 Trustees remuneration and benefits** There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. ## **4 Staff costs** The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows: Page 9 ## **Cat Action Trust** **Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)** ||**2023**
**2022**| |---|---| ||**No**
**No**| |Employees|1
2| |No employee received emoluments of more than £60,000 during the year|| |**5**
**Independent examiner's remuneration**|| |**2023**
**£**
**2022**
**£**|| |**Other fees to examiners**|| |Examination-related assurance services
3,169
2,700|| |**6**
**Tangible fixed assets**|| |**Furniture and**
**equipment**
**£**
**Motor vehicles**
**£**
**Total**
**£**|| |**Cost**|| |At 1 April 2022
19,924
32,177
52,101|| |At 31 March 2023
19,924
32,177
52,101|| |**Depreciation**|| |At 1 April 2022
19,924
15,225
35,149|| |Charge for theyear
-
4,843
4,843|| |At 31 March 2023
19,924
20,068
39,992|| |**Net book value**|| |At 31 March 2023|-
12,109
12,109| |At 31 March 2022|-
16,952
16,952| |**7**
**Fixed asset investments**|| ||**2023**
**2022**| ||**£**
**£**| |Other investments|1,063,952
1,048,766| Page 10 ## **Cat Action Trust** ## **Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)** ## **Other investments** |**Other investments**|**Other investments**| |---|---| |**Listed**
**investments**
**£**
**Total**
**£**|| |**Cost or Valuation**|| |At 1 April 2022
1,048,766
1,048,766|| |Revaluation
15,186
15,186|| |At 31 March 2023
1,063,952
1,063,952|| |**Net book value**|| |At 31 March 2023
1,063,952
1,063,952|| |At 31 March 2022
1,048,766
1,048,766|| |**8**
**Debtors**|| |**2023**
**£**
**2022**
**£**|| |Prepayments
606
833|| |Other debtors
607
866|| |1,213
1,699|| |**9**
**Creditors: amounts falling due within one year**|| ||**2023**
**£**
**2022**
**£**| |Other creditors|634
1,204| |Accruals|2,940
2,700| ||3,574
3,904| |**10**
**Funds**|| ||**Balance at 1**
**Incoming**
**Resources**
**Other**
**recognised**
**gains/(losses**
**Balance at 31**| ||**April 2022**
**resources**
**expended**
**)**
**March 2023**| ||
**£**
**£**

**£**

**£**
**£**| |**Unrestricted funds**|| |General|1,627,510
366,296
(198,389)
15,186
1,810,603| Page 11 ## **Cat Action Trust** **Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)** |||||**Other**|| |---|---|---|---|---|---| |||||**recognised**|| ||**Balance at 1**|**Incoming**|**Resources**|**gains/(losses**|**Balance at 31**| ||**April 2021**|**resources**|**expended**|**)**|**March 2022**| ||**£**|**£**|**£**|**£**|**£**| |**Unrestricted**|**funds**||||| |General|1,419,952|303,335|(184,743)|88,966|1,627,510| **11 Related party transactions** There were no related party transactions for the year ended 31 March 2023. Page 12 ## **Cat Action Trust** ## **Detailed Statement of Financial Activities for the Year Ended 31 March 2023** ||**Total**
**Total**| |---|---| ||**2023**
**2022**| ||**£**
**£**| |**Income and Endowments from:**|| |Donations and legacies (analysed below)|314,532
241,095| |Other trading activities (analysed below)|51,735
59,316| |Other income(analysed below)|29
2,924| |Total income|366,296
303,335| |**Expenditure on:**|| |Raising funds (analysed below)|(14,948)
(22,220)| |Charitable activities(analysed below)|(183,441)
(162,523)| |Total expenditure|(198,389)
(184,743)| |Gains/losses on investment assets(analysed below)|15,186
88,966| |Net income|183,093
207,558| |Net movement in funds|183,093
207,558| |**Reconciliation of funds**|| |Total funds brought forward|1,627,510
1,419,952| |Total funds carried forward|1,810,603
1,627,510| This page does not form part of the statutory financial statements. Page 13 ## **Cat Action Trust** ## **Detailed Statement of Financial Activities for the Year Ended 31 March 2023 (continued)** ||**Total**|**Total**| |---|---|---| ||**2023**|**2022**| ||**£**|**£**| |**_Donations and legacies_**||| |Legacies and bequests|283,074|190,377| |Appeals and donations|31,458|50,718| ||314,532|241,095| |**_Other trading activities_**||| |Fundraising|3,714|7,822| |Shopincome|48,021|51,494| ||51,735|59,316| |**_Other income_**||| |UK Government grants|-|2,822| |Bank interest|29|102| ||29|2,924| |**_Raising funds_**||| |Wages and salaries|(14,948)|(22,220)| ||(14,948)|(22,220)| |**_Charitable activities_**||| |Admin Wages|(10,172)|-| |Travelling|-|(878)| |Fundraising costs|(2,517)|(4,544)| |Shop expense|(8,664)|(15,374)| |Insurance|(1,534)|(513)| |Cat food and other expenses|(10,582)|-| |Utilities|-|(453)| |Veterinary costs|(90,969)|(50,025)| |Equipment|(712)|(2,516)| |Telephone and fax|(2,354)|(2,495)| |Office expenses|(6,824)|(5,847)| |Website costs|(366)|(203)| |Printing, postage and stationery|(1,880)|(1,380)| |Rescue cat boarding|(12,301)|(40,124)| |West wales|(4,422)|(3,303)| |Sundry expenses|(3,515)|(10,884)| |Recruitment fees|-|(2,652)| |Storage|(10,542)|(7,054)| |Neutering Van|(3,239)|-| |Motor Expenses|(135)|-| This page does not form part of the statutory financial statements. Page 14 ## **Cat Action Trust** **Detailed Statement of Financial Activities for the Year Ended 31 March 2023 (continued)** ||**Total**
**Total**| |---|---| ||**2023**
**2022**| ||**£**
**£**| |Advertising|(1,800)
(1,800)| |Accountancy fees|-
(929)| |Independent examiner's fee|(3,169)
-| |Marchant charges|(1,155)
(823)| |Legal and professional fees|(910)
(4,240)| |Bank charges|(519)
(329)| |Pension scheme finance costs|(317)
(546)| |Depreciation of plant and machinery|-
(3,189)| |Depreciation of motor vehicles|(4,843)
(2,422)| ||(183,441)
(162,523)| |_Gains/losses on investment assets_|| |Funds - investment assets|15,186
88,966| This page does not form part of the statutory financial statements. Page 15