Charity registration number: 1063947 Cat Action Trust Annual Report and Financial Statements for the Year Ended 31 March 2024 DSK Partners LLP D S House 306 High Street Croydon Surrey CRO 1NG
Cat Action Trust Contents (continued) Trustees, Report 1 to3 Independent Examiner's Report Statement of Financial Activities Statement of Financial Position Notes to the Financial Statements 7t011 Detailed Statement of Financial Activities 12to14
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 2024.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 1021 (effective 1 January 2019). Introduction The trustees are satisfied with the perf0rrnan of the charity during the year and the position at 31 st March 2024, and consider that the chanty 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 neOrk of dedicated volunteers across England, Wales and Scotland. Our volunteers help trap, neuter and retum feral cats to places where they will be fed, cared for and given a wam 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 sutvive. We believe every cat and kitten deserves a chance to be healthy and cared for, preferably with a comfy lap to sit on. During the year, the charity experienced a significant decline in legacy income compared to previous years. The charity has been grateful for generous legacies for some years. The trustees are undertaking a fundraising review. 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- obSee 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 ststements 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 goveming the preparation and dissemination of financial statements may differ from legislation in otherjurisdictions. 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 SUeY CRO 1NG Trustees.. L Martin (resigned 18 January 2024) H Melanistic B Martin A Hamp H O'Hare Independent Examiner: DSK Partners LLP Dhirajlal Shah FCA ICAEW D S House 306 High Street Croydon Surrey CRO 1NG The annual report was approved by the trustees of the charity on 29 January 2025 and signed on its behalf 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 2024. 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 exeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of, which is one of the listed bodies. I have completed my examination. I confim 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 conceming 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 cOnrnS 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. Dhirajlal ICAEW D S House 306 High Street Croydon Surrey CRO 1NG ah FCA 29 January 2025 Page 4
Cat Action Trust Statement of Financial Activities for the Year Ended 31 March 2024 Unrestricted funds Total 2024 Note Income and Endowments from: Donations and legacies other trading activities other income 49,424 33,347 2,082 49,424 33,347 2,082 Total income 84,853 84,853 Expenditure on: Raising funds Charitable activities (22.669) {185,270) (22,669) (185,270) Total expenditure Gainsllosses on investment assets (207,939) 129,509 (207,939) 129,509 Net income 6,423 6,423 Net movement in funds 6,423 6,423 Reconciliation of funds Total funds brought forward 1,810,603 1,810,603 Total funds carried forward 10 1,817,026 1,817,026 Unrestricted funds Total 2023 Note Income and Endowments from: Donations and legacies Other trading activities other income 314,532 51,735 29 314,532 51,735 29 Total income 366,296 366,296 Expenditure on: Raising funds Charitable activities (14,948) (183,441) (14,948) (183,441) Total expenditure Gainsllosses on investment assets {198,3891 15,186 (198,389) 15,186 Net income 183,093 183,093 Net movement in funds 183,093 183,093 Reconciliation of funds Total funds brought foward 1,627,510 1,627,510 Total funds carried foward 10 1,810,603 1,810,603 The notes on pages 7 to 11 fomi an integral part of these financial statements. Page 5
Cat Action Trust (Registration number: 1063947) ststement of Financial Position as at 31 March 2024 2024 2023 Note Fixed assets Tangible assets Investments 7,265 1,193,461 12,109 1,063,952 1.200,726 1,076,061 Current assets Debtors Cash at bank and in hand 456 620,476 1,213 736,903 620,932 738,116 Creditors: Amounts falling due within one year (4,632) {3,574) Net current assets 616,300 734,542 Net assets 1,817,026 1,810,603 Funds of the charity". Unrestricted income funds Unrestricted funds 1,817,026 1,810,603 Total funds 10 1,817,026 1,810,603 The financial statements on pages 5 to 11 were approved by the trustees, and authorised for issue on 29 January 2025 and signed on their behalf by. H Melanistic Trustee The notes on pages 7 to 11 fomi an integral part of these financial statements. Page 6
Cat Action Trust Notes to the Financial Statements for the Year Ended 31 March 2024 1 Accounting policies ststement of compliance The financial statements have been prepared in accordan 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 reiVed and the amount can be measured reliably. Currency The financial statements are prepared in steding 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 Taxation The charity is exempt from tax on its charitable activities. Page 7
Cat Action Trust Notes to the Financial Statements for the Year Ended 31 March 2024 (continued) Fund structure Unrestricted fiJnds 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 fvnds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fijnd 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 Unrestricted funds General Total funds 2024 Total 2023 Fundraising events Shop income 5.207 28,140 5,207 28,140 3,714 48,021 33.347 33,347 51,735 3 Trustees remuneration and benefrts There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. 4 Staff costs The monthly average number of persons (including senior management I leadership team) employed by the charity during the year expressed as full time equivalents was as follows.. 2024 No 2023 No Employees No employee received emoluments of more than £60.000 during the year Page 8
Cat Action Trust Notes to the Financial Statements for the Year Ended 31 March 2024 (continued) 5 Independent examinerfs remuneration 2024 2023 Other fees to examiners Examination-related assuran services 3,169 3,169 6 Tangible fixed assets Furniture and equipment Motor vehicles Total Cost At 1 April 2023 19,924 32,177 52,101 At 31 March 2024 19,924 32,177 52,101 Depreciation At 1 April 2023 Charge for the year 19,924 20,068 4,844 39,992 4,844 At 31 March 2024 19,924 24,912 44,836 Net book value At 31 March 2024 7,265 7,265 At 31 March 2023 12,109 12,109 7 Fixed asset investments 2024 2023 Other investments 1,193,461 1,063,952 Page 9
Cat Action Trust Notes to the Financial Statements for the Year Ended 31 March 2024 (continued) Other investments Listed investments Total Cost or Valuation At 1 April 2023 Revaluation 1,063,952 1,063,952 129,509 129,509 At 31 March 2024 1,193,461 1,193,461 Net book value At 31 March 2024 1,193,461 1,193,461 At 31 March 2023 1,063,952 1,063,952 8 Debtors 2024 2023 Prepayments Other debtors 456 606 607 456 1,213 9 Creditors: amounts falling due within one year 2024 2023 Other taxation and social security Other creditors Accruals 344 1,348 2,940 634 2,940 4,632 3,574 Page 10
Cat Action Trust Notes to the Financial Statements for the Year Ended 31 March 2024 (continued) 10 Funds Balance at 1 April 2023 Other Balance at Resources recognised 31 March expended gainsl(losses) 2024 Incoming resources Unrestricted funds General 1,810.603 84.853 207.939 129,509 1,817,026 Balance at 1 April 2022 Other Resources recognised expended gainsl(losses) Balance at 31 March 2023 Incoming resources Unrestricted funds General 1,627,510 366,296 (198,389) 15,186 1,810,603 11 Related party transactions There were no related paty transactions for the year ended 31 March 2024. Page11
Cat Action Trust Detailed Statement of Financial Activities for the Year Ended 31 March 2024 Total 2024 Total 2023 Income and Endowments from: Donations and legacies {analysed below) other trading activities {analysed below) other income (analysed below) 49,424 33,347 2,082 314,532 51,735 29 Total income 84,853 366,296 Expenditure on: Raising funds (analysed below) Charitable activities (analysed below) (22.669) {185,270) (14,948) (183,441) Total expenditure Gainsllosses on investment assets (analysed below) (207,939) 129,509 (198,389) 15,186 Net income 6,423 183,093 Net movement in funds 6,423 183,093 Reconciliation of funds Total funds brought forward 1,810,603 1,627,510 Total funds carried forward 1,817,026 1,810,603 This page does not fom part of the statutory financial statements. Page 12
Cat Action Trust Detailed Statement of Financial Activities for the Year Ended 31 March 2024 (continued) Total 2024 Total 2023 Donations and legacies Legacies and bequests Appeals and donations 34,194 15,230 283,074 31,458 49,424 314,532 Other trading activities Fundraising Shop income 5,207 28,140 3,714 48,021 33,347 51,735 Other income Bank interest 2,082 29 2,082 29 Raising funds Wages and salaries 22,669 14,948) (14,948) (22,6691 Charitable activities Admin Charges Fundraising costs Shop expense Insuran Cat food and other expenses Veterinary costs Equipment Telephone and fax Office expenses Website costs Printing, postage and stationery Rescue cat boarding West wales Sundry expenses Storage Neutering Van Motor Expenses Advertising Independent examinerfs fee Marchant charges Legal and professional fees (18.046} (2,715) (22,316} (990) (10,727) (70,857) (226) (3,082) (8,566) (213) (1,368) (22.439) (10,172) {2,517) {8,664) {1,534) (10,582) (90,969) (712) {2,354) {6,824) (366) {1,880) (12,301) {4,422) {3,515) (10,542) {3,239) (135) {1,800) (3,169) (1,155) (910) (621) (7,375) (794) (49) (1,800) (3,169) {850) (3,858) This page does not fom part of the statutory financial statements. Page 13
Cat Action Trust Detailed Statement of Financial Activities for the Year Ended 31 March 2024 (continued) Total 2024 Total 2023 Bank charges Pension scheme finance costs Depreciation of motor vehicles (35) (331) (4,843) (519) (317) {4,843) (185,270} (183,441) GainsAosses on investment assets Funds - investment assets 129,509 15,186 This page does not fom part of the statutory financial statements. Page 14