**REGISTERED CHARITY NUMBER: 1072091**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **FOR**
**THE HEATONS ANIMAL RESCUE GROUP**
Moss & Williamson Limited Chartered Accountants
3 Mellor Road Cheadle Hulme Cheadle Cheshire SK8 5AT
**THE HEATONS ANIMAL RESCUE GROUP**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2024**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**||6||
|**Cash Flow Statement**||7||
|**Notes to the Cash Flow Statement**||8||
|**Notes to the Financial Statements**|9|to|13|
|**Detailed Statement of Financial Activities**||14||
**THE HEATONS ANIMAL RESCUE GROUP**
## **REPORT OF THE TRUSTEES for the Year Ended 31 March 2024**
The trustees present their report 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 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
We are an independent charity based in Manchester Road in Stockport. Our mission statement is to take in stray, abandoned and unwanted cats, to provide food, shelter and veterinary care for these animals where required, and to rehome where possible to responsible owners. As long as the quality of life is good, we will endeavour to look after the cats regardless of age or cost of veterinary for the charity.
We also actively promote the " all cats should be neutered" message, both in the Rescue and on our social media posts.
We have a charity shop, and our income is from the shop, direct donations, fundraising and from rehoming fees from our cats. Our aims are to:
- Generate increased amounts of income to bridge the current growing gap between income and expenditure - Increase awareness of the necessity to neuter, and raise awareness of the challenges faced by Rescues and their need for practical support
In order to deliver our aims and objectives, our focus is very much on the financial picture, and how we can lessen the gap between our increasing expenses and our income
## **Significant activities**
As stated in our Constitution, we are committed to rescuing domestic animals (cats), and take in stray or unwanted cats.All the cats with us receive the best possible care. We ensure that each cat is fully vaccinated, has vet checks, flea and worm treatment and is neutered if old enough. We have a rehoming policy which involves face to face meetings with potential adopters, ID checks and a home check. We also undertake post adoption checks by phone to ensure the cat is well settled. We offer a full Rescue back up following adoption, and in the rare event that a cat is not settled in his new home, we will take the cat back. We are committed to a high standard of care with regular staff and volunteer training and reviews, and thorough ongoing maintenance and repair of our cat pens, cubicles and rooms.
We would never euthanise a healthy cat, and euthanasia is only done on the recommendation of our vet when the prognosis for the cat is poor.
In order to deliver this, our focus is very much on the financial picture, and how we can close the current gap between income and expenditure.
Page 1
**THE HEATONS ANIMAL RESCUE GROUP**
## **REPORT OF THE TRUSTEES**
## **for the Year Ended 31 March 2024**
## **ACHIEVEMENT AND PERFORMANCE The challenges of 2023/2024**
We continued to explore all avenues of income generation, including ensuring the shop is well stocked and attractively laid out, and that all fundraising opportunities are explored .
The demand for rehoming has never been so high, and we are sadly unable to help in more than 50% of cases. There are many more strays, and a significant increase in requests for rehoming of family cats citing the cost of living as the main factor. There has been an increase in the number of unspayed and un neutered cats, and those who are abandoned. Aside from elderly people being admitted into nursing care, the most frequent reason given is that people are moving and the new landlord will not accept pets. Clearly, we have a finite number of pens, and regrettably have to turn away people desperate to rehome their pets.
We recognise the need for further education on the necessity of neutering cats at a young age: we encounter multiple examples of families with an un neutered mixed pair where the female has already produced one litter, and is pregnant again. Also, very few cats are microchipped, making reuniting strays with owners an almost impossible task.
## **Achievement and Performance**
Financial Performance
## **Financial Summary 2023-2024**
Our overall income for the period was up from £73,548 in the previous year to £106,927. This is largely due to an increase in interest and investments : the £250k invested earned net interest of £3193 and there was also an increase in the value of the investment of £8593 in the period up to March 2024.We also saw an increase in our trading activity, and in legacies and funeral donations.
Our expenditure was slightly lower in the year ending March 2024 at £149,183 versus £154,162 in the previous year. This is down to several factors: despite the increases in the national living wage in the period to March 2023 we had a member of staff on Maternity Leave which increased our expenditure on salaries. Our utility bills were more than £3500 higher in this year, but our vet bill was very marginally lower at £37,900 versus £42,000 in the previous period. This is purely down to the fact that we had a couple of large surgeries/procedures in the year to March 2023, and several sick kittens requiring long term veterinary care. Our net funds at 31 03 24 stand at £458,191 versus £500,447 to the same period in 2023. This reflects the gap between income and expenditure which is the real challenge for ongoing years, and one which we continue to address through strict financial management, careful investments and a proactive fundraising strategy.
## **FUTURE FINANCIAL PLANS AND STRATEGIES**
We still have plans to refurbish the large downstairs cat area which houses our Mother cats and their kittens. To undertake this, we need to have the cubicles unoccupied, and this has not been possible this year so far as demand for space has been so high. It is scheduled for February 2025
We have actively tried to help families who cannot afford to neuter their cat or even feed it, by supplying food and a neuter and return to owner scheme, which is still very much in its infancy. ,
We are constantly exploring new opportunities to expand our sales from just the shop with car boot sales, jumble sales, one off sales outside our shop and using both Ebay and Vinted.
This Trustees report is approved by all the Trustees, dated 25th January 2025
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Charity constitution**
The Heatons Animal Rescue Group was founded in June 1998, and registered with the Charity Commission as an unincorporated charity. There are currently six trustees: our constitution sets out that there are a minimum of five and a maximum of eight.
Page 2
**THE HEATONS ANIMAL RESCUE GROUP**
## **REPORT OF THE TRUSTEES**
## **for the Year Ended 31 March 2024**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Decision making**
All our trustees are fully aware of their duties and obligations in the role of trustee. Upon appointment, they are trustees until they submit an official resignation, and we constantly re evaluate the skill set of existing board members so, if the opportunity arises, we can recruit to fill in any gaps in areas of expertise.
We meet as a board at least once a quarter, and are all updated on financial status and key issues relating to the running of the charity shop or Sanctuary. All decisions are made jointly following a consultation with all trustees.
## **Risk management**
We have the following policies, which are updated annually. The Covid policy is updated in line with Government policy changes:
- Safeguarding
- Health and Safety
- Equality and Diversity
- Volunteer obligations and conduct
- MAT leave - Rehoming and adoption policy Risk assessments are done regularly where necessary. We organise several fundraising events each year, and a formal risk assessment is carried out at the time of booking each event.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1072091
## **Principal address**
406A Manchester Road Stockport Cheshire SK4 5BY
## **Trustees**
A Bold Y Wilkes A Wright S Blundell A Churchley A Rumble
## **Independent Examiner**
Moss & Williamson Limited Chartered Accountants 3 Mellor Road Cheadle Hulme Cheadle Cheshire SK8 5AT
Approved by order of the board of trustees on 31 January 2025 and signed on its behalf by:
A Wright - Trustee
Page 3
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE HEATONS ANIMAL RESCUE GROUP**
## **Independent examiner's report to the trustees of The Heatons Animal Rescue Group**
I report to the charity trustees on my examination of the accounts of The Heatons Animal Rescue Group (the Trust) for the year ended 31 March 2024.
## **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 Act and in carrying out my examination I have followed all 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.
Andrew E Booth FCA
Moss & Williamson Limited Chartered Accountants 3 Mellor Road Cheadle Hulme Cheadle Cheshire SK8 5AT
31 January 2025
Page 4
**THE HEATONS ANIMAL RESCUE GROUP**
## **STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2024**
|**2024**
**Unrestricted**
**fund**
Notes
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**17,199**
Other trading activities
3
**74,042**
Investment income
4
**15,686**
**Total**
**106,927**
**EXPENDITURE ON**
**Charitable activities**
5
Animal rescue and re-homing
**149,183**
**NET INCOME/(EXPENDITURE)**
**(42,256)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**500,447**
**TOTAL FUNDS CARRIED FORWARD**
**458,191**|2023
Total
funds
£
2,256|
|---|---|
||69,016|
||2,276|
||73,548|
|||
||154,162|
||(80,614)|
||581,061|
|||
||500,447|
The notes form part of these financial statements
Page 5
**THE HEATONS ANIMAL RESCUE GROUP**
## **BALANCE SHEET**
## **31 March 2024**
|**2024**
**Unrestricted**
**fund**
Notes
**£**
**CURRENT ASSETS**
Investments
10
**261,786**
Cash at bank
**196,405**
**458,191**
**NET CURRENT ASSETS**
**458,191**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**458,191**
**NET ASSETS**
**458,191**
**FUNDS**
11
Unrestricted funds
**458,191**
**TOTAL FUNDS**
**458,191**|2023
Total
funds
£
-
500,447|
|---|---|
||500,447|
||500,447
500,447|
||500,447|
||500,447
500,447|
The financial statements were approved by the Board of Trustees and authorised for issue on 31 January 2025 and were signed on its behalf by:
A Wright - Trustee
The notes form part of these financial statements
Page 6
## **THE HEATONS ANIMAL RESCUE GROUP**
## **CASH FLOW STATEMENT for the Year Ended 31 March 2024**
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash used in operating activities
**Cash flows from investing activities**
Interest received
Net cash provided by investing activities
**Change in cash and cash equivalents**
**in the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end**
**of the reporting period**|**2024**
**£**
**(319,728)**
**(319,728)**
**15,686**
**15,686**
**(304,042)**
**500,447**
**196,405**|2023|
|---|---|---|
|||£|
|||(82,890)
(82,890)
2,276
2,276
(80,614)
581,061
500,447|
The notes form part of these financial statements
Page 7
**THE HEATONS ANIMAL RESCUE GROUP**
## **NOTES TO THE CASH FLOW STATEMENT for the Year Ended 31 March 2024**
## **1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**ACTIVITIES**|||||
|---|---|---|---|---|
||||**2024**|2023|
||||**£**|£|
|**Net expenditure for the reporting period (as per**|**the Statement**||||
|**of Financial Activities)**|||**(42,256)**|(80,614)|
|**Adjustments for:**|||||
|Interest received|||**(15,686)**|(2,276)|
|Purchase of investments|||**(261,786)**|-|
|**Net cash used in operations**|||**(319,728)**|(82,890)|
|**ANALYSIS OF CHANGES IN NET FUNDS**|||||
||At 1.4.23||Cash flow|**At 31.3.24**|
||£||£|**£**|
|**Net cash**|||||
|Cash at bank|**500,447**||**(304,042)**|**196,405**|
||**500,447**||**(304,042)**|**196,405**|
|**Liquid resources**|||||
|Deposits included in cash||**-**|**-**|**-**|
|Current asset investments||**-**|**261,786**|**261,786**|
|||**-**|**261,786**|**261,786**|
|**Total**|**500,447**||**(42,256)**|**458,191**|
## **2. ANALYSIS OF CHANGES IN NET FUNDS**
The notes form part of these financial statements
Page 8
**THE HEATONS ANIMAL RESCUE GROUP**
## **NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2024**
## **1. 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 (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)', 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.
## **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 received 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 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.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
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. Restrictions arise 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.
## **Pension costs and other post-retirement benefits**
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. DONATIONS AND LEGACIES**
|Donations
Legacies|**2024**
**£**
**7,029**
**10,170**
**17,199**|2023|
|---|---|---|
|||£|
|||1,956
300
2,256|
Page 9
continued...
**THE HEATONS ANIMAL RESCUE GROUP**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2024**
|**3.**
**OTHER TRADING ACTIVITIES**
Fundraising events
Shop, direct donations etc
**4.**
**INVESTMENT INCOME**
Deposit account interest
Curr asset inv income
Increase in investment value
**5.**
**CHARITABLE ACTIVITIES COSTS**
Animal rescue and re-homing
**6.**
**SUPPORT COSTS**
Animal rescue and re-homing
**7.**
**TRUSTEES' REMUNERATION AND BENEFITS**
Trustees' salaries
Trustees' social security
Trustees' pensions paid|Direct
Costs
£
**147,983**|**2024**
2023
**£**
£
**2,754**
50
**71,288**
68,966
**74,042**
69,016
**2024**
2023
**£**
£
**3,900**
2,276
**3,193**
-
**8,593**
-
**15,686**
2,276
Support
costs (see
note 6)
Totals
£
£
**1,200**
**149,183**
Governance
costs
£
**1,200**
**2024**
2023
**£**
£
**33,228**
39,406
**1,277**
1,341
**1,053**
1,058
**35,558**
41,805|
|---|---|---|
||||
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Page 10
continued...
**THE HEATONS ANIMAL RESCUE GROUP**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2024**
## **8. STAFF COSTS**
|Wages and salaries
Social security costs
The average monthly number of employees during the year was as follows:
Admin and shop
No employees received emoluments in excess of £60,000.
**9.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Other trading activities
Investment income
**Total**
**EXPENDITURE ON**
**Charitable activities**
Animal rescue and re-homing
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**2024**
2023
**£**
£
**66,965**
67,673
**1,277**
1,341
**68,242**
69,014
**2024**
2023
**7**
7
Unrestricted
fund
£
2,256
69,016
2,276
73,548
154,162
(80,614)
581,061
500,447|
|---|---|
Page 11
continued...
**THE HEATONS ANIMAL RESCUE GROUP**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2024**
## **10. CURRENT ASSET INVESTMENTS**
|Castlefield Investments
**11.**
**MOVEMENT IN FUNDS**
At 1.4.23
£
**Unrestricted funds**
General fund
**500,447**
**TOTAL FUNDS**
**500,447**
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
**106,927**
**TOTAL FUNDS**
**106,927**
**Comparatives for movement in funds**
At 1.4.22
£
**Unrestricted funds**
General fund
581,061
**TOTAL FUNDS**
581,061
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
73,548
**TOTAL FUNDS**
73,548||**2024**
**£**
**261,786**
Net
movement
in funds
£
**(42,256)**
**(42,256)**
Resources
expended
£
**(149,183)**
**(149,183)**
Net
movement
in funds
£
(80,614)
(80,614)
Resources
expended
£
(154,162)
(154,162)||2023
£|
|---|---|---|---|---|
|||||-|
||||||
||||At
31.3.24
£
**458,191**
**458,191**
Movement
in funds
£
**(42,256)**
**(42,256)**
At
31.3.23
£
500,447
500,447
Movement
in funds
£
(80,614)
(80,614)||
Page 12
continued...
**THE HEATONS ANIMAL RESCUE GROUP**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2024**
## **11. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.4.22
£
581,061
581,061|Net
movement
in funds
£
(122,870)
(122,870)|At
31.3.24
£
458,191|
|---|---|---|---|
||||458,191|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
180,475
180,475|Resources
Movement
expended
in funds
£
£
(303,345)
(122,870)
(303,345)
(122,870)|
|---|---|---|
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2024.
Page 13
**THE HEATONS ANIMAL RESCUE GROUP**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2024**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Legacies
**Other trading activities**
Fundraising events
Shop, direct donations etc
**Investment income**
Deposit account interest
Curr asset inv income
Increase in investment value
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Trustees' salaries
Trustees' social security
Trustees' pensions paid
Wages
Utilities
Vet fees
Cat food, meds & cleaning
Building maintenance & Ins
**Support costs**
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net expenditure**|2024
£
**7,029**
**10,170**
**17,199**
**2,754**
**71,288**
**74,042**
**3,900**
**3,193**
**8,593**
**15,686**
**106,927**
**33,228**
**1,277**
**1,053**
**33,737**
**11,003**
**37,913**
**26,790**
**2,982**
**147,983**
**1,200**
**149,183**
**(42,256)**|2023
£
1,956
300
2,256
50
68,966
69,016
2,276
-
-
2,276
73,548
39,406
1,341
1,058
28,267
7,591
42,173
26,653
7,673
154,162
-
154,162
(80,614)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 14