Charity number: 1067498 CROYDON ANIMAL SAMARITANS UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
CROYDON ANIMAL SAMARITANS CONTENTS Page Reference and administrative details of the Charity, its Trustees and advisers Trustees. report Independent examinerfs report statement of financial activities Balance sheet Notes to the financial statements 8-16
CROYDON ANIMAL SAMARITANS REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2023 Trustees Barbara Allen Anna Nikolic John Moore Jean Frazer (resigned 31 Dec 2023) Karen Caterer-stentiford Ivan House, Treasurer Kenneth Hills. Chair Karen Gleaves Gerda Glage Rachel Parsons {appointed 7 November 2023) Charity registered number 1067498 Principal office 236 Pampisford Road South Croydon CR2 6DB Page 1
CROYDON ANIMAL SAMARITANS TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees present their annual report together with the financial statements of the Croydon Animal Samaritans for the year 1 January 2023 to 31 December 2023. Objectives and activities a. Policies and objectives The primary objective of the Croydon Animal Samaritans (CAS) is to relieve the suffering of animals. The mission of CAS is to help in as many animals as can be properly cared for, restore them to health and, where possible, find them good new homes or provide sanctuary and safety for life. In setting objectives and planning for activities. Ihe Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'. b. Activities undertaken to achieve objectives During FY2023 there has been no let up in the demand for the services provided by CAS. CAS members and supporters continue to show how much the charity means lo them through their generosity in temis of donations, gifts, legacies and event participation. They continue to challenge us to ensure the charities longevity and progression. Preserving the financial security of the charity remains one of our main priorities alongside relieving the suffering of animals. Significant financial support continues to come from generous benefactors who recognise CAS in their wills. Whilst these legacies are gratefully received. they are also unpredictable in nature. Therefore, the management team and trustees continue lo focus on generating income in other ways and carefully managing costs to ensure CAS can continue to assist animals in need of shelter and veterinary care. Achievements and performance The Covid 19 pandemic, the 'financial crisis" and the effects of the UK leaving the EU have all contributed to increased costs of veterinary care which, in turn, has led to pet owners wanting to give up pets or not having their pets neutered. Not having pets neutered has created and explosion of unwanted pregnancies in the cat population and, in common with all animal welfare charities, CAS is struggling to keep up with demand. The continued hard work of our colleagues and volunteers is extremely appreciated by the trustees, and by the animals who ultimately benefit greatly from the care and love given to them. The number of cats and kittens homed, re-homed or otheiSe helped with veterinary care has this year exceeded 500. Nine dogs and ten rabbits were re-homed. Record numbers of cats and rabbits remained in our care at the end of the year. Page 2
CROYDON ANIMAL SAMARITANS TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Financial review . Going concern After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they conlinue to adopt the going concem basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. b. Reserves policy Reserves at the year end were £488,429 (2022: £500,389). The trustees view this level as neSSary for the charity to continue fulfilling its objectives should any income generating activities be temporarily curtailed, and the unpredictability of some income streams. The charity would not wish for the reserves to fall below £120,000 which is approximately six months of running costs. The policy of the charity is to also continue to build the reserves so that they are available to further develop the objects of the charity when required. c. Financial position The Statement of Financial Actvities shovts a deficit for the year of £11,960 (2022.. Surplus of £70,224). Reserves stand at £488,429 (2022.. £500.389). d. Principal risks and uncertainties The Board have assessed the major risks to which the charity is exposed in particular those relating to the operation and finance of the charity. Although we are satisfied that syslems are in place to mitigate the charily's exposure to major risk, financial controls are constantly reviewed and improvements have been made during 2023. Structure, governance and management a. Constitution Croydon Animal Samaritans is a registered charity. number 1067498, and is constituted under a Trust deed. b. Methods of appointment or election of Trustees The management of the Charity is the responsibilty of the Trustees who are elected and co-opted under the terms of the Trust deed. Page 3
CROYDON ANIMAL SAMARITANS TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Statement of Trustees. responsibilities The Trustees 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). The law applicable to charities in England & Wales 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 its incoming resources and application of resources, including its income and expenditure, 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 of the Charities SORP {FRS 102)", make judgements and accounting estimates that are reasonable and prudent., state whether applicable UK Accounting Standards (FRS 102) have been followed. subject to any material departures disclosed and explained in the financial statements- prepare the financial ststements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business. The Truslees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure thatthe financial statements comply with the Charities Act 2011, the Charity {Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They 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. Approved by order of the members of the board of Trustees on 28 Oclober 2024 and signed on their behalf by.. John Moore Trustee Page 4
CROYDON ANIMAL SAMARITANS INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Independent examine¢s report to the Trustees of Croydon Animal Samaritans ('the Charity.) I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2023. Responsibilities and basis of report As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act,). I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5}(b) of the 2011 Act. Independent examinerfs statement Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with 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) in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practi issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn. l understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confimi that no 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 Charity as required by section 130 of the 2011 Act" or the accounts do not accord with those records: or the accounts do not comply with the applicable requirements conceming the fom 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 ofan 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. This report is made solely to the Charity's Trustees, as a body, in accordance wilh Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters l am required to state to them in an Independent examinerfs report and for no other purpose. To the fullest extent pemiitted by law. I do not aCpt or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report. Signed.. Dated.. 29 October 2024 lan Rowe ACA 13 Wallace Crescent, Carshalton, SM5 3SU Page 5
CROYDON ANIMAL SAMARITANS STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestricted funds 2023 Total funds 2023 Total funds 2022 Note Income from: Donations and legacies 51,951 51.951 170,594 Charitable activities 93,646 93,646 40,881 Other trading activities 46,895 46,895 43,841 Investments 2,980 2,980 515 Other income 16,374 16.374 (10,405) Total income Expenditure on: 211846 211 846 245 426 Raising funds 21,382 21,382 14,032 Charitable activities 202,424 202,424 161,170 Total expenditure 223 806 223 806 175202 Net movement in funds Reconciliation of funds: Total funds brought fOard 500,389 500.389 430, 165 Net movement in funds (11,960) (11,960) 70,224 Total funds carried forward 500 389 The Statement of financial activities indudes all gains and losses recognised in the year. The notes on pages 8 to 16 fomi part of these financial ststements. Page 6
CROYDON ANIMAL SAMARITANS BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 Note Fixed assets Tangible assets 13 7,566 8,444 7,566 8,444 Current assets Cash at bank and in hand 480,863 491,945 480,863 429,424 Creditors.. amounts falling due within one year Net current assets 480,863 491,945 Total assets less current liabilities 488,429 500,389 Total net assets 500 389 Charity funds Unrestricted funds 15 488,429 500,389 Total funds 500 389 The financial statements were approved and authorised for issue by the Trustees on 28 October 2024 and signed on their behalf by.. John Moore Trustee The notes on pages 8 to 16 fomi part of these financial statements. Page 7
CROYDON ANIMAL SAMARITANS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 General information Croydon Animal Samaritans is a registered charity. The registered number of the charity is 1067498 and its principal address is 236 Pampisford Road, South Croydon, CR2 6DB. Accounting policies 2.1 Basls of preparatlon of flnanclal statements The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. The financial statements have been prepared to give a 'true and fairf view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fairf view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities.. Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. Croydon Animal Samaritans 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 stated in the relevant accounting policy. 2.2 Income All income is recognised once the Charity has entitlement to the income, it is probable that the income will be reiVed and the amount of income receivable can be measured reliably. The recognition of income from legacies is dependent on establishing entitlement, the probabilily of receipl and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable. which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. Other income is recognised in the period in which it is re1vable and to the extent the goods have been provided or on completion of the service. Page 8
CROYDON ANIMAL SAMARITANS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting policies {continued) 2.3 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable thal a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity- Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned beeen those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2.4 Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity. this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. 2.5 Tangible fixed assets and depreciation Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives. Depreciation is provided on the following basis- Fixtures and fittings Office equipment reducing balance straight line 2.6 Cash at bank and in hand Cash at bank and in hand includes cash and short-temi highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Page 9
CROYDON ANIMAL SAMARITANS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting policies {continued) 2.7 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable Ihal a transfer of economic benefil will be required in settlement. and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as adVand payments for the goods or seNices it must provide. Provisions are measured at the best estimate of the amounts required to settle 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 at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost. 2.8 Financial instruments The Charity only has financial assets and financial liabilities of a kind that qualrfy as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.9 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 Charity and which have not been designated for other purposes. Investment income, gains and losses are allocated to the appropriate fund. Income from donations and legacies Unrestricted funds 2023 Total funds 2023 Total funds 2022 Donations 41.923 41,923 39,534 Legacies 10,028 10,028 131,060 51951 170 594 Page 10
CROYDON ANIMAL SAMARITANS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Income from charitable activities Unrestricted funds 2023 Total funds 2023 Total funds 2022 Income from charitable activities- Animal welfare and rehoming 93 646 Income from other trading activities Income from fundraising events Unrestricted funds 2023 Total funds 2023 Total funds 2022 Shop income Investment income Unrestricted funds 2023 Total funds 2023 Total funds 2022 Rent income Interest received 2,980 2.980 515 515 Page11
CROYDON ANIMAL SAMARITANS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Other incoming resources Unrestricted funds 2023 Total funds 2023 Total funds 2022 Other income 4,067 4,067 2,913 Gift aid 12,307 12,307 (13,318) 16 374 Expenditure on raising funds Costs of raising voluntary income Unrestricted funds 2023 Total funds 2023 Total funds 2022 Fund raising service 21 Fundraising trading expenses Unrestricted funds 2023 Total funds 2023 Total funds 2022 Shop rates 1.842 1,842 2,047 Shop utilities 2.785 2.785 2,633 Till rental, services and depreciation 1,617 1,617 1,950 Commercial waste removal 754 754 126 Shop expenses 14.204 14,204 7,060 Shop Assistant Page 12
CROYDON ANIMAL SAMARITANS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Analysis of expenditure on charitable activities Summary by fund type Unrestricted funds 2023 Total funds 2023 Total funds 2022 Animal welfare and rehoming 10. Analysis of expenditure by activities Activities undertaken directly 2023 Support costs 2023 Total funds 2023 Total funds 2022 Animal welfare and re-homing 761 170 Support costs Unrestricted funds 2023 Total funds 2023 Total funds 2022 Insurance 579 579 509 Repairs and maintenan 208 208 11 Depreciation 1.034 1.034 1, 103 Computer expenses 90 90 90 Accountancy Sundry expenses 528 528 806 Page 13
CROYDON ANIMAL SAMARITANS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 12. Trustees. remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2022- £nil). During the year ended 31 December 2023, expenses lotalling £30,004(2022- £34,660) were reimbursed to nine trustees (2022: five trustees) relating io foslering and shop expenses. 13. Tangible fixed assets Fixtures and fittings Office equipment Total Cost or valuation At 1 January 2023 13,167 1.880 15,047 Additions 532 532 At 31 December 2023 13,699 1,880 15,579 Depreciation At 1 January 2023 5,860 743 6,603 Charge for the year 1,034 376 1,410 At 31 December 2023 6,894 1,119 8,013 Net Book Value At 31 December 2023 At 31 December 2022 Page 14
CROYDON ANIMAL SAMARITANS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 15. Statement of funds Statement of funds - current year Balance at 31 December 2023 Balance at 1 January 2023 Expenditur Income Unrestricted funds General Funds- all funds Statement of funds - prior year Balance at 31 December 2022 Balance at 1 January 2022 Expenditur Income Unrestricted funds General Funds - all funds Page 15
CROYDON ANIMAL SAMARITANS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 16. Analysis of net assets between funds Analysis of net assets between funds - current period Unrestricted funds 2023 Total funds 2023 Tangible fixed assets 7.566 8,444 Current assets 480,863 491,945 Creditors= amounts falling due within one year 488 429 Analysis of net assets between funds - prior period Unrestricted funds 2022 Total funds 2022 Tangible fixed assets 8,444 8,444 Current assets 491,945 491.945 Creditors= amounts falling due within one year Page 16