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2021-12-31-accounts

Liverpool Cat Welfare and Sanctuary

Charity Registration Number: 1071410

Trustees' Annual Report and Financial Statements

for the year ended 31 December 2021

Contents

Administrative Information ....................................................................................................................... 2 Trustees Annual Report .......................................................................................................................... 3 Trustees’ responsibilities in relation to the financial statements ............................................................. 4 Independent examiner’s report to the trustees of Liverpool Cat Welfare and Sanctuary ....................... 5 Statement of Financial Activities for the year ending 31 December 2021 .............................................. 6 Balance Sheet as at 31 December 2021 ................................................................................................ 7 Notes to the accounts ............................................................................................................................. 8

1

Administrative Information

Trustees: June Watkins Jean Ellis Amanda Cooke Charity Address: 1 High Street Wavertree Liverpool L15 8HE Bankers: Lloyds Bank Church St Liverpool L1 3HD Accountant and Beyond Profit Ltd Independent Examiner: G104 Bolton Arena Arena Approach Horwich Bolton BL6 6LB

2

Trustees Annual Report

Structure, governance and management

Liverpool Cat Welfare and Sanctuary is an unincorporated charity with the Charity Registration Number 1071410. The governing document of the charity is dated 8 September 1998.

Trustees are appointed by Committee. We meet 4 times yearly. During 2021 meetings were by telephone due to COVID.

Objectives and Activities for the Public Benefit

The object of the charity is to relieve the distress and suffering of cats, kittens and feral cats in Liverpool and elsewhere who are in need of care and protection by reason of sickness neglect or maltreatment in particular by the provision of a rescue and re-homing service and a sanctuary for the temporary of permanent accommodation of such cats and to assist in the provision of a neutering service for cats and kittens whose owners are unable to pay for such services.

The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities and setting the grant making policy for the period.

Review of Activities and Achievements

During 2021 we started the process of setting up our on site clinic and we hope that this will be operational 2022.

We still carried out our core work of helping many cat and kittens. We did manage to reopen our shops but due to shortage of volunteers and COVID, they were opened limited times only.

COVID-19

Covid has had an enormous impact on our charity. We lost a large amount of revenue due to limited opening hours of our two charity shops and volunteer shortages.

Future Plans

In 2022 we hope to open our clinic. When the clinic is up and running it will enable us to help members of the public as well as the cats in our care with neutering and vet procedures as this has always been one of our major goals.

Financial review

During the year our income was reduced, this was mainly in relation to reduced VAT reclaims. Our shop income is increased on previous years but has still not recovered to pre COVID levels.

Our total charitable funds at the end of the year was £117,471.

Our charitable activity expenditure increase due to improvement works at the cattery.

Reserves Policy

We do not currently have a reserves policy and the Trustees plan to revisit this. However our current charitable funds equate to 11 months of charitable expenditure which we deem to be sufficient.

3

Trustees’ responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees’ annual report and 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 and Wales requires the charity trustees to prepare financial statements for each 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 the financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.

Approved by the trustees on 27 October 2022 and signed on their behalf by:

June Watkins Chair

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Independent examiner’s report to the trustees of Liverpool Cat Welfare and Sanctuary

I report to the trustees on my examination of the accounts of the Liverpool Cat Welfare and Sanctuary (the Charity) for the year ended 31 December 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 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

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.

Signed:

Name: Emma Willder, FCMA, CGMA

Fellow of the Chartered Institute of Management Accountants

G104 Bolton Arena Arena Approach Horwich Bolton BL6 6LB

Date: 28 October 2022

5

Statement of Financial Activities for the year ending 31 December 2021

Notes
Unrestricted
funds
Total funds 31
December 2021
£
£
Income and endowments from:
Donations and legacies
2
59,532
59,532
Other trading activities
2
37,977
37,977
Charitable activities
2,3
21,528
21,528
Investments
2
3
3
Other income
6,580
6,580
Total
125,620
125,620
Expenditure on:
Raising funds
Costs of generating voluntary income
534
534
Costs relating to shop sales
14,464
14,464
Charitable activities
4,5
115,115
115,115
Total
130,113
130,113
Net income/(expenditure)
(4,493)
(4,493)
Transfer between funds
-
-
Other recognised gains:
VAT refund
-
-

Net movement in funds
(4,493)
(4,493)
Reconciliation of funds:
Total funds broughtforward
121,964
121,964
Total funds carried forward
117,471
117,471		 Unrestricted
funds
Total funds 31
December 2020
£
68,164
68,164
18,118
18,118
23,067
23,067
3
3
28,488
28,488
137,840
137,840
216
216
14,040
14,040
165,951
165,951
180,208
180,208
(42,367)
(42,367)
0
152,518
152,518
110,151
110,151
11,813
11,813
121,964
121,964

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

6

Balance Sheet as at 31 December 2021

Current assets
Cashat bankandin hand 6 119,745 119,745 123,044 123,044
Total current assets 119,745 119,745 123,044 123,044
Creditors:amountsfalling duewithinone year 7 2,274 2,274 1,080 1,080
Net current assets/(liabilities) 117,471 117,471 121,964 121,964
Total net assets /(liabilities) 117,471 117,471 121,964 121,964
Funds of the Charity
Unrestrictedfunds 8
 117,471 117,471 121,964 121,964
Total funds 117,471 117,471 121,964 **121,964 **

The notes on pages 8 to 15 form an integral part of the financial statements.

Signed on behalf of the Trustees of Liverpool Cat Welfare and Sanctuary on 27 October 2022.

June Watkins Chair

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Notes to the accounts

Note 1: Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a) Basis of preparation

The financial statements have been prepared in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), second edition - October 2019 (Charities SORP (FRS 102)),the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2016.

The charity has applied the exemption available to small charities in the Charities SORP (FRS 102) and does not include a Statement of Cash Flows in these Financial Statements. Liverpool Cat Welfare and Sanctuary 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 notes.

b) Preparation of the accounts on a going concern basis

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be reliably measured.

Income for government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions have been met, it is probable that the income will be received the account can be measured reliably and is not deferred.

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Donations are recognised when the charity receives the funds.

d) Fund accounting Unrestricted funds are available to spend on activities that further any of the purposes of the charity.

Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.

Restricted funds are funds which the donor has specified are solely to be used for particular activities.

e) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliabilty by the charity; this is normally upon notificaiton of the interest paid or payable by the Bank.

f) Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be recognised reliability.

All expenditure is shown inclusive of VAT.

g) Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs. Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

h) Operating Leases

The charity classifies the lease of photocopying and printing equipment as operating leases; the title to the equipment remains with the lessor. Rental charges are charged on a straight line basis over the term of the lease.

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i) Tangible Fixed Assets

Individual assets costing £1000 or more are capitalised at cost and are depreciated evenly over their estimated useful economic lives, as follows:

Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years

j) Debtors

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

j) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probable result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provision re normally recognised at their settle met amount after allowing for any trade discounts due.

k) Corporation Tax

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

l) Key estimates and accounting judgements

In applying the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The Trustees’ judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be applicable. Due to the inherent subjectivity involved in making such judgements, estimates ad assumptions, the actual results and outcomes may differ.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to the accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of revision and future periods, if the revision affects both current and future periods.

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Note 2: Analysis of income

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |2021|2020| |Unrestricted|Unrestricted| |Total funds|Total funds| |funds|funds| |£|£|£|£| |Donations and legacies:| |Donations and gifts|39,532 39,532|28,164 28,164| |-| |Legacies|20,000 20,000|40,000| |Total|59,532 59,532|68,164 28,164| |Charitable activities:| |Grants|21,528 21,528|23,067 23,067| |Total|21,528 21,528|23,067 23,067| |Other trading activities| |Shop sales|34,522 34,522|14,385 14,385| |Rag|and|textile|sales|3,455|3,455|3,733| |Total|37,977 37,977|18,118 14,385| |Investsments| |Bank Interest|3|3|3|3| |Total|3|3|3|3| |Total Income|119,040 119,040|109,353 65,620|

----- End of picture text -----

Note 3: Analysis of receipts of government grants

----- Start of picture text -----
|||| |---|---|---| |31-Dec-21|31-Dec-20| |£|£| |Council Grants (COVID)|21,528|22,668| |Total|21,528|22,668|

----- End of picture text -----

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Note 4: Analysis of expenditure

Accountancy Fees
Charitable Activities
Miscellaneous Costs
Other Professional Fees
Premises
Travel and accomodation
Vet fees
Volunteer Expenses
Support costs (see note 5)
Governance costs (see note 5)		 2021
2020
£
£
540
500

7,567
29,200

690
13,235

3,432
49,606
70,338
32,840
8,807
5,241
5,974
31,017
2,446
262
99,794
161,902
14,127
2,970

1,194
1,080
115,115
165,951

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Note 5: Allocation of Governance and Other Support Costs

The total support costs and overheads attributable to charitable activity is apportioned as shown below:

Administrative Costs
Governance Costs
Independent Examinition		 Support Costs
Total
2020
£
£
£
14,127
14,127
2,970
14,127
14,127
2,970
2021
2020
£
£
1,194
1,080
1,194
1,080

The total governance cost attributable to charitable activities is then apportioned in the same ratio as the other support costs.

Note 6: Cash at bank and in hand

Current Accounts
Petty Cash
Total		 31-Dec-21
31-Dec-20
£
£
117,622
121,780
2,123
1,264
119,745
123,044

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Note 7: Creditors & Accruals

Analysis of creditors: falling due within one year
Accruals
Total		 Analysis of creditors: falling due within one year
Accruals
Total		 31-Dec-21
£
2,274
2,274		 31-Dec-20
£
1,080
1,080
Unrestricted Funds
Total Funds
2020 comparative
Unrestricted Funds
Total Funds		 Balance at 1
Janaury 2021
£
121,964		 Income
Expenditure
Exceptional
Items
Balance at 31
December 2021
£
£
£
£
125,620
(130,113) -
117,471
**121,964 ** 125,620
(130,113) -
117,471
121,964 125,620
(130,113) -
117,471
Balance at 1
January 2020
£
11,813		 Income
Expenditure
Exceptional
Items
Balance at 31
December 2020
£
£
£
£
137,840
(180,208) 152,518
121,964
11,813 137,840
(180,208) 152,518
**121,964 **
11,813 137,840
(180,208) 152,518
121,964

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Note 9: Trustees remuneration and expenses

The trustees received no remuneration for the performance of their duties. Trustee expenses of £1326(2020: £2,207) were reimbursed to one Trustee for expenses incurred for the running of the charity.

Note 10: Related party transactions

There we no related party transactions in the financial year ending 31 December 2021 (31 December 2020: none)

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