REGISTERED CHARITY NUMBER.. 1071884
SHROPSHIRE CAT RESCUE
TRUSTEES. REPORT AND
UNAUOITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
**SHROPSHIRE CAT RESCUE**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
|||**Page**|
|---|---|---|
|**Reference and Administrative Details**||1|
|**Trustees' Repor**|2|
to3|
|**Independent Examiner's Repor**||4|
|**Statement of Financial Activities**||5|
|**Statement of Financial Position**||**6**|
|**Notes to the Financial Statements**|7|
to12|
SHROPSHIRE CAT RESCUE
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 DECEMBER 2021
TRUSTEES
D M Beaumont
A Callahan-Page
T Cross
M Lloyd
Mrs C Mason-morris (resigned 15.7.211
M Micklewright
H Smith
F O R Trillo (resigned 18.4.211
B McKay Iresigned 13.6.211
PRINCIPAL ADDRESS
Windyridge
Lyth Hill Road
Bayston Hill
Shrewsbury
SY3 OAU
REGISTERED CHARITY
NUMBER
1071884
INDEPENDENT EXAMINER
TCA Ishrewsburyl LLP
Third Floor
21 St Mary's Street
Shrewsbury
Shropshire
SY1 1ED
Page 1
SHROPSHIRE CAT RESCUE
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees present their report with the financial statements of the charity for the year ended
31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities".
Statement of Recommended Practice applicable to charities preparing their aceounls in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January
20191.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objectives of the charity are..
a the prevention of cruelly and relief of cats and kittens who are in need of care and allenlion by reason of
their ill health or abandonment, in particular by the provision of care, veterinary treatment and the provision
of homes., and
b- the advancement of public education in the proper care of cats and kittens.
Public benefit
The Trustees have given due consideration lo the Charity Commissions, guidance on public benefit and are
satisfied that the charity conslitules a public benefit entity as defined by FRS 102.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Details of the activities have been set out in the attached Chairman's report.
FINANCIAL REVIEW
Financial position
The charity has made a surplus of £227,g11 compared to £61,497 in the previous year, which was due to
onsiderable donations and legacy income. The current year figure does include a £99,26612020." £33,663)
increase in the market value of the investments, without which the accounts would show a £128,645 surplus.
Reserves policy
11 is the policy of the charity to maintain unrestricted funds which are adequate to fulfil the objectives of the
charity, subject to limitations placed on the use of funds which has resulted in reserves building up to the
current level. Any surplus funds are held in investments or short term deposits to maintain the income levels
for the future.
The free reserves at the year end were £67,215 12020.. £159,217) made up of unrestricted funds, less
designated funds, less fixed assets held.
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
continue to adopt the going concern basis in preparing the financial statements.
FUTURE PLANS
Details of future plans have been sel out in the attached Chairman's report.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its goveming document, a deed of trust dated 3rd August 1998 and conslitules
an unincorporated charity.
Page 2
SHR
PSHI
CAT RE
TRUSTEES. REPORT
HE YEAR ENDED 31 DECE
FO
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recrultment and appolntment of n•w tru6toe$
The management of the charily 15 the responsibility of the Trustees who a elected and COwOPted und&r the
temis ol the Artides of Association.
Tho Trustees me81 on an ad-hoc basis to nSider issues. Day-104lay deeisSNn¢ in r81ation lo tha
organisation and management of th$ charity aro de?It with by the Chairman.
New TruslETVb are appolnted by the Trustees with reference to the np.8ds of the charity and the particular
attributes of the individuals under considération.
Inductlon and trainino of new Trustees is conductéd by thè Secrètary.
Koy manag•M•nt romuneratlon
The Trustees consider the Board of Truslpg.8 #s comprising the key management Pcrsonnel of the charity In
charge of dlrecling and controlling the charity and running and operating the char¢ty on a day-to4ay basis.
AI TNsl8es give of their tim8 fraely and no Trustga r9munoration or expenses wam paid in the Yr.
TRU3TEE8' RESPONSIBILITY STATEMENT
The trustees ara rasponsible for prèparing thè Tru8te86' Report and the financial statements In aGcL¥rdan(x
with applicablo law and Unitod Kingdom Accounting Standards (United Kingdom Generally AGGepled
Accounting Practice) including Financial Rewrting Standard 102 'Tho Financial Reporting Stsndard
appllcable in the UK and Republic of Iro18n¢J"
The law applicable to charities in England and WAl8s. the Charities Act 2011, Charity IAoGounts and
R•portsl Règulations 2008 and the provisions of the Iru8t deed requires the Irublee5 to prepare flnancial
8ts1ements for fjach financial year which glve a true and fair view of the state of affairs of the ethar*ty and of
the Incoming resources and application of r•¢ourc89. ineluding the in¢omg ané expenditure. of the charity for
th91 p8r¢od_ In pr•parir9 those financial stal¢monl$, the trustees aro required lo
select suitable accountino poliriAs snd then apply them consi$tenUy',
obserye the methods and pdnciples in the Charity SORP.,
make ju(Jgements and eslimaies that are reasonable and prud6nt-
prepara the financial stalemenlg on the going con¢8rn basis unless it 18 in8ppropriat• to presume that the
harity wlll continue in business.
The Irusl&As ara responsible for ko&ping propor accounting re¢ord8 which disclose with reasonable accuracy
at any time the finanG*al position of (118 Lli4irily and to enable them io ensure that the financial slalements
comply wtth the Charities Act 2011, the Charity {Accounts and Reports) Regulations 2008 and the provisions
of th8 trust deed. They aro also responsible for safeguardirtg the assets of the Gharity anij lienGg for laklng
reasonable steps for the pventIOn and detection of fraud and other irregularities.
Approved by order of Ihg board of trustees on .-.
and sign8d on It5 b8half by:
M Mick19wrlg
Trustee
Paoe 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES Of
SHROPSHIRE CAT RESCUE
Independent examinerfs report to the trustees of Shropshire Cat Rescue
I report lo the charity trustees on my examination of the accounts of ShrDPShire Cat Rescue (the Trust) for
the year ended 31 DK¢tnb¢r 2021.
Responslbilitie> and basis of report
As the charty trustees of ttte Trust you are responsible for the preparatK)n of the )Unts in )rdance
with tho requirernenlg of the Charities Act 2011 I'the Act'l.
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 folknved all applicable Directsons given by the Charity Commissp)n under
sectlon 14515llbl ol the Act.
Independent examinèrfs statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I
can confirm that l arn qualified to undertake the examinalh)n because l am a registered member of ICAEW
whiGh one of the listed bLxlies.
I have completed my examination. I confimi that no material matters have come to my attention in
connection with the examination giving me cause lo beIve that in any material respect..
acwunling records w8re not kept in respect of the Trust as requir by section 130 of the ACL or
the accounts do not accord with those records., or
the occounts do not ¢omply with th¢ appli¢able requirements concerning the forni and content of
accounts set out in the Charities {Accounls and Reports) Regulations 2008 other than any
requirement that the accounts g tru• and fair vièw which is not a mattor considor9d as pgrt of an
independent examination.
I have n¢ ¢oncems and have come across no other matters in connection with the examination lo which
allentlc•n should be Urawn In this rep)n in order io enable a proper understsnding of the accounts to be
rtsaCh.
C MoeWn•Wlliams, FCA Bsc
ICAEW
TCA IShrew3bury} LLP
Third Floor
21 St Mary's Str1
Shrewsbury
Shropshire
SY11ED
Date..
Page 4
SHROPSHIRE CAT RESCUE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2021
2021
Unreslri¢led
funds
2020
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
207,574
90,253
Charltable actlvltles
General
Other trading activities
Investment income
Other income
32,726
91,507
16,434
1,146
32,123
50,463
3,259
Total
349,387
176,098
EXPENDITURE ON
Charltable actlvltles
General
220,742
148,264
Net gains on investments
99,266
33,663
NET INCOME
227,911
61,497
RECONCILIATION OF FUNDS
Total funds brought forward
840,817
779,320
TOTAL FUNDS CARRIED FORWARD
1,068,728
840,817
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing aclivilies.
The notes form part of these financial statements
Page 5
SH
SHIRE C
TRES
STATE
ENT OF FINANCIAL
31 DECEMBER 2021
SITI
2021
2020
Unr•strtctgd
fijnds
Totgl
funds
Noles
FIXED ASSETS
Tangible aq<•ts
Inv99tments
5,868
995.646
11,716
563.713
1.W1.514
575.429
CURRENT ASSETS
Stocks
Detstors
Cash al bank and in hand
8(14
660
71.665
72,324
288.712
CREDITORS
Amounts falling du8 within one year
10
{5,110)
{1,324}
NET CURRENT ASSETS
265,J88
TOTAL ASSETS LESS CURRENT
UABILITIES
1,068,728
840.817
NET ASSETS
1.068,728
840.817
FUNDS
Unr8strsclod fund$
11
1 068,728
TOTAL FUNDS
1 068,728
Tho financial pAalem6nl8 wer• approvpd by th¥ Board of Trusie65 and authorised for Issue ¢)n
and were signed on its behalf by:
6wright- Trustee
The notes form part of tho80 financial stst8menl8
Page 6
SHROPSHIRE CAT RESCUE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
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 IFRS 1021 '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 IFRS 1021
(effective 1 January 20191,, 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.
Flnanclal reportlng standard 102 - reduced dlsclosure exemptlons
The charity has taken advantage of the following disclosure exemptions in preparing these financial
statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland.:
the requirements of Section 7 Statement of Cash Flows.,
the requirement of paragraph 3.17ldl',
the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.481alliii}, 11.48lallivl, 11.48lbl
and 11.48lcl,
the requirements of paragraphs 12.26, 12.27, 12.291al, 12.29lbl and 12.29A',
the requirement of paragraph 33.7.
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 reTrived and the amount Can be measured reliably.
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 tmnsfer of economic benefits will be
required in selllemenl 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 lo particular headings they have
been allocated lo activities on a basis consislenl with the use of resources.
Taxatlon
The charity is exempt from tax on its charitable activities.
Fund accountlng
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Reslricled funds can only be used for particular restricted purposes within the objects of the charity.
Reslriclions arise when specified by the donor or when funds are raised for particular reslricled
purposes.
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 bgnefits
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 lo which they
relate.
Page 7
continued...
SHROPSHIRE CAT RESCUE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2021
OTHER TRADING ACTIVITIES
2021
2020
Fundmising events
Shop income
Advertising Space
Cal Litter Sales
13,022
78,149
1,393
943
49,758
705
91,507
50,463
INVESTMENT INCOME
2021
2020
Dividends received
16,434
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 Dember 2021 nor for
the year ended 31 December 2020.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 Dember 2021 nor for the year ended
31 December 2020.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unreslricled
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
90,253
Charitsble activities
Geneol
Other trading activities
Other income
32,123
50,463
3,259
Total
176,098
EXPENDITURE ON
Charitable aetivities
Geneml
148,264
Nel gains on investments
33,663
NET INCOME
61,497
Page 8
continued...
SHROPSHIRE CAT RESCUE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2021
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unreslricled
funds
RECONCILIATION OF FUNDS
Total funds brought forward
779,320
TOTAL FUNDS CARRIED FORWARD
840,817
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Computer
equipment
Totals
COST
Al 1 January 2021
Additions
85,978
443
769
86,747
443
At 31 December 2021
86,421
769
87,190
DEPRECIATION
At 1 January 2021
Charge for year
74,777
5,776
254
515
75,031
6,291
At 31 December 2021
80,553
769
81,322
NET BOOK VALUE
At 31 December 2021
5,868
5,868
At 31 December 2020
11,201
515
11,716
FIXED ASSET INVESTMENTS
Cash and
settlements
pending
Listed
investments
Totals
MARKET VALUE
At 1 January 2021
Additions
Disposals
Revaluations
559,353
394,872
167,3701
99,266
4,380
403,289
1398,1241
563,713
798,161
1465,4941
99,266
At 31 December 2021
986,121
995,646
NET BOOK VALUE
At 31 December 2021
986,121
9,525
995,646
At 31 December 2020
559,353
4,380
563,713
There were no investment assets outside the UK.
Page 9
continued...
SHROPSHIRE CAT RESCUE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2021
FIXED ASSET INVESTMENTS- continued
Cost or valuation al 31 December 2021 is represented by".
Cash and
settlements
pending
Listed
investments
Totals
Valuation in 2021
986,121
9,525
995,646
STOCKS
2021
2020
Stocks
804
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
2020
Prepayments and accrued income
659
10. CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
2020
Accrued expenses
5,110
1,324
11. MOVEMENT IN FUNDS
Nel
movement
in funds
Transfers
beeen
funds
Al
31.12.21
At1.1.21
Unrestricted funds
General Fund
170,933
113,597
{211,4481
73,082
The Purr Project
669,884
114,314
211,448
995,646
840,817
227,911
1,068,728
TOTAL FUNDS
840,817
227,911
1,068,728
Page 10
continued...
SHROPSHIRE CAT RESCUE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2021
11.
MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above a as follows".
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrlcted funds
General Fund
331,086
{217,4891
113,597
The Purr Project
18,301
99,266
114,314
349,387
220,7421
99,266
227,911
TOTAL FUNDS
349,387
220,7421
99,266
227,911
Comparatives for movement in funds
Net
Movement
in funds
At
31.12.20
At1.1.20
Unrestrlcted funds
General Fund
147,232
23,701
170,933
The Purr Project
632,088
37,796
669,884
779,320
61,497
840,817
TOTAL FUNDS
779,320
61,497
840,817
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General Fund
171,965
{148,2641
23,701
The Purr Project
4,133
33,663
37,796
176,098
148,2641
33,663
61,497
TOTAL FUNDS
176098
148,2641
Page 11
continued...
SHROPSHIRE CAT RESCUE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2021
11.
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position is as follows".
Net
movement
in funds
Transfers
bètween
funds
At
31.12.21
At1.1.20
Unrestrlcted funds
General Fund
147,232
137,298
{211,4481
73,082
The Purr Project
632,088
152,110
211,448
995,646
779,320
289,408
1,068,728
TOTAL FUNDS
779,320
289,408
1,068,728
A current year 12 months and prior year 12 months combined nel movement in funds, included in the
at)ove are as follows."
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrlcted funds
General Fund
503,051
{365,7531
137,298
The Purr Project
22,434
3,2531
132,929
152,110
525,485
369,0061
132,929
289,408
TOTAL FUNDS
525,486
369,0061
132,929
289,408
The PURR Project Fund IPlan for Ultimate Rescue Relocalionl is a designated fund, set up to fund
the future relocation of the shelter. Over the past few years, donations received for this purpose, as
well as excess unrestricted funds, have been transferred into an investment portfolio which now
reflects the value of the fund.
12. RELATED PARTY DISCLOSURES
During the year Trustees made donations to charity totalling £26512020.. £3001.
During the period, payments of £1,322 were made lo R Micklewrighl, a close member of a trustee, in
respect of Shelter Costs incurred during the year.
Page 12
Shropshire Cat Rescue
rescuing and rehomÉng cat5 since 1989
Registered Charity No.. 1071884
'Nurturing respect and compassion for life-
Chairman's Report 2021
What we do
Our charity is set up to offer shelter, veterinary care and ultimately new homes to cats, kittens and
occasionally other small animals throughout Shropshire that have been abandoned or are no longer
wanted by their owners. In addition, we offer the following:
Reduced rate neutering vouchers for anyone that is struggling to afford the costs of neutering
Full cost FIV/FELV blood tests, neutering and necessary veterinary aid for feral colonie5 and stray
cats.
The loaning of our traps to the public for the purpose of trap, neuter and returning to site.
The loaning of large dog crates so that the public can provide cage rest for veterinary treated
animals in their own home.
Educational work experience placements for schools, colleges and universities
Duke of Edinburgh volunteer placements
Back to work confidence building programmes
Volunteering opportunities
Visits by contact groups who support the elderly who can spend time with our animals, reminisce
and enjoy the company of our volunteers and animals.
Partnerships Wlth other organisation5 to provide a diverse public spectrum venue in the company
of animals for social and educational visits.
Our 2021 Achievements
We continued to drive forward with commitment and determination despite the ongoing threats of Covid
and lockdowns.
Our PURR Project investment has yielded well and we have now surpassed our half way stage of £IM. We
are now in a favourable position to push ahead with the project.
We vacated our shop in Roushill Bank and relocated to 69 Mardol, Shrewsbury. A more prominent
position in the town and amongst other high end charity shops with expectation of higher footfall and
income. We employed two job share managers and remain highly dependant upon our volunteers for
their help and support.
In order to secure our previous objectives, we have invested in a marketing company to deliver a new
website, new branding and marketing materials.
Trustees
Current: Marion Micklewright Chairman
Dianne Beaumont
Marg Lloyd Gift Aid
Tracy Cross- Marketing and Fundraising
Amy Callahan-Page - legal
Helen Smith- HR
Statistics
We admitted 248 cats. Out ofthose, 76 were abandoned or strays, 29 were born on site, 11 were
admitted due to their owners moving house and 32 were admitted due to the ill health of their
owner.
The busiest month of the year for Admissions was October. Busiest rehoming month was July and
October.
The maximum number of cats and kittens at the shelter at one time was 95 in November.
We have worked to trap, neuter, release ITMRI with four different sites this year covering the full
costs of over 30 adult cats (blood test for FIV, FeLV. wormlflea treatment, eartip, neuter) costing in
excess of £2,515.00, whilst admitting young kittens into the shelter. We also provide food donated
by the public to support the feeding of feral colonies.
Aims and Objectives for 2022
To recruit more Trustees and pro-active volunteers
To promote more widely the work of Shropshire Cat Rescue
To improve, develop and maintain our successful charity
To create a business and work plan for the PURR Project
To encourage the leaving of larger legacies to our charity to enable us to reach and maintain our vision.
Thanks
Our charity is extremely grateful to its Trustees, Volunteers and Benefactors, without whom our charity would not
be able to support the animals and people that need us and depend upon us.
Signed
Date Il, January 2022
Chairman
Marion Micklewright