Cliarity Registrxtion NuTnbci.: 1072443 FE4 N IJANK GRF.YHOUND SANCTUARY I'RUSTEI Li S, RLPOR'f AND ACCOUN'E'S FOlI'fKF. YF.AR ENDKD 31 OCTOBER 2023 Dexter & Shai'pe Chartered Certified Accountants The Old Vicaiage Church Close Boston Lincoknshire PE216NA FEI N BANK GREYHOUI¥D SANCTUARY CONfENTS Page Charity Infonnation Trustees, Report )dependent Examiner's Report Statement of F￿Ana￿claI Activities Balance Sheet 10 Notes to the ALcuunts 11.20 IPEN BANK GRLYFIOUND SANCTUARY CHARITY INFORMA'I'ION Cliarity Number: 1072443 Worl(iiig Names: F.B.G.S. Start of Finantial Yeai.: l Nov¢mbei' 2022 nd of Finanelal Year: 31 October 2023 TI'TrE5tees: Mi's Stella Pllllum Mi. Paul Bryan Mi. Graham Crick Mi. CJiah8m Fountain Mrs B11T￿beth Reid . lan Bi'cachcr hfrs Sarah Marlin . Stephen Martin (Chair of Trllstees) (ReS]￿led March 2023) (appointed 18 June 2023) (appointed 18 June 2023) The existing trustees appoint any new trustees following the provisions Raid out in the oi'ganisation's governing instsument. GoveYniIig Instrumeiit: Declai'ation of Trust deed adopted 8 Octobei. 1998 Leg21 Statiis.. Unincoryorated Registration Date: 13 Noveinber 1998 Objeets: The i'eliefof gTeyliounds who have been abandoned and who are in nced of care and ttention and to place thejn in sucli peiynanent hoines as the tsustee5 considei. appropi'iate. Addi'css: Farin House Fen Bank Frislmey Lincolnshiir PE22 8PS Bank: FISBC 49 Lumley Road 8kcgT)ess Lincolnshire PE25 31.W Indepeihdent examincr: Mi's Nicoltj Lenton FCCA Dextei. and Shaipe Chai'tered Ceitified Accountants 'I'he Old Vicai?ge Churbh Close Bostoii Lincoinshix'e PE216NA rEN BANK GREI YHOUIID SANCTUARY ANNUAL REPORT OF THE TRusfEEI S FOR THE YEAR ENDED 31 OCTOBER 2023 Fen Bank CJreyhound Sancthary hag m8naged to continue its succ￿sfUl homing rate tn 202212023. This achievement was accomplished h¢cause ofthe continued long-tem involvejneni by volunteeJE, a dedicated Boaid of Trustees and cominitted kennel staff. We continue to seek more opporthnities to raise our profile and there has been good loeal support during this year. Structure and Governance The Chai'ity is governed by t]ie Trust Deed (1998}. The sknuctw'e of the Chai'ity coi)sists of a Board of Trustees. legally responsible foi. all aspects of the Charity'.% work and foi. ensuring that the Charity's propety is safely maintained. The board has seven Ti'llstee8= ￿'S Stella C Pullum, Mr Palll Bryan, Mr Graham Crick, Mr lan Bit2chei', Mr Grahom Fountain, Nfrs Sai3h Martin and Mr Stephen Maitin. Orgg11iSationg1 M9nagement The Chaij. of TTuslees is respoi]sible for all the activities of th¢ Sanctuary with ￿￿phaSi5 i'esponsibility for the staff and the iunning uf the kennels. One Trustee is desiEnated as responsible foL' ChairJKennel Tiugtee. One Trustee is responsible foi. the vice-chair, public relations aTJd saiietuary house. Onc Tnjstee is designated fund-raising. One Trustec is designated assisting Treasurer. One Trnslee is designated responsible for the two Charity shops. One Ti'ustee is designated Charity web page 2nd Boai'd se0iet￿Y. Coiitrols in Place FoJ7nal Agendas and miniites for all rneetings wliethei. of Trustees or with staff 8nd external gdvisoTS. Compirliensiye and traDSPdltnt manageinent accounting. Controls cash handling. Cojnpreliensive guidance doeuments are in place foi. all asp¢cls of the Ch81ity'8 work including health and safety incliiding CDvid 19 protocols, einploylllent Issues, finance, shop activities, kennel routin&% Aiid all staff aiE aware of these as appi￿Vi.1dtc. Formal wi'itteD policies in line with Einployment Law reqiilluneiits including positive piDcedurcs iElating to the einployment of staff with a disability. rrustee Training. FKN IIANIC CyRfi YHOUND SANCTUARY AN'NUAL IllI,l)ORT ofi THf. TRUSTFfi S OR'fiIL YLIAII L4 NDED 31 OC'I'OBEI R 2023 CONTD..... Controls in pl#ce confiDued Covid 19 procedures for both shops and sallclu8ry. Data protection procedures. Strategic planning. Consideration of a￿esS to svondary level and other non-confidential records. Coinputerised kennel recoTds. Cr(¥ss rettrenced database. Audit of appraisals and tt'aining iEcordg. Continue to ￿pdate kennel piDccduresltraining records foi. kennel and shop staff. Cliai'ilable Objects llie Cliai'ity's objects as set out in the Tnjst Deed ai'e'thc i'elief of £reyliouiids who liave been abandoned or who al'e in need of Lare and attention and to place thern in such perinancllt homes as the Trustees deem appiDPTiate.' The object clause was reviewed again tliis year. Aims and Iinpact Within the objects the Charity seeks to pi'ovide the best possible service to the community, both in standai.ds of kenn#lling and suppoi'ling p105pective owne13 and theii. greyliovnds befcjre after they are placed in their new honies. The Charity also seel{)iii' OTr 'rIiE TRUSTF,ri, II'OR I'HL Y£1 r.NJ)F.D 31 C)C,TOlSlI El 2023 CONTD..... Fundraising This has also been reduced this year a5 there has only been a few shows. However, these wcre very successfvl. This also includes the many reqiiested talks. The two C'harity shops aiE the inaiii fociis of interest and the raising of funds. Our fundraising VeTh￿re (>f the 50..50 club continues successfvlly raIS￿g £180 per Inonth. Our new .%¢heme of 'Give a car, is slowly in¢i'ea5ing. Fiiianeial Activities Stsnding orders ait still a mainstay of our income alongside the in¢oine fix>n] the Charity shops and the incoine from the fi￿draIsing. Going Con¢ei'n The Trustees have every confidence that the Charity will ]neet its f￿anCial obligations when they become due. Ile5erve5 Policy 'rhe c.harity continues to aiin for 6 months runDTng co%ts, the CCLA COIF account together with a bank deposit account provide an econamie cushion. The Trustees asin to be responsible for the good Inanagement of the aiaTity 2nd should Select SULtable accounting policies and apply thein con5iStently. Malce judgements and estimate5 that i'easonable and pi'udent. PrepiiE fjnancial ststements on the going concem basis unless it is inappropriate to presume that the Trust will ntinue in existence. The Trllstees are iEsponsible foi. keeping propel. acwunting reeords which disclose with reasonable accuracy at 4ny lime the fmanLial position of the Trust. They also responsiblo foi. 5afrguarding the a.￿ets of the Trust and hence foL' tsking reasonable steps foi. the prevention and detection of fraud and other iritgulftrities. FFN BANIC GRF.YHOIJND SANC.TUARY ANNtJAL REPORT OF'fTIE TRiJSTfi ES ri OR THII Y&AII JI NDED 31 OCTOHEI R 2023 CONTD..... Ti'easiii'er5 Report With inflation in double figiues and costs i'ising substantially, 2022-23 woiild not hav¢ bccn an tASy year for the Sanctuaiy had it iiot been foi. seveizl legacies, soine of them substantial which were ieceivcd throughout the yeay. Income fiDm both shops was down on the pr¢vii)us yeai. 2.8 people tightened their belts and thanks are due to the dedicated teams at both sliops for all thtEr efforts to improve the trade at the %hop8 at a limc wlien conditions have not been easy. OveT the year incon]e, excluding legacies, was up by just over £3,000 but Expenditur¢, excluding capital expenditUTe, wa5 up by ahnost £15,000. Ihis was mosily as a iEsult of the Natioi)al Living Wage inci'easing by 9.7Yts in Api'il and witli a furthei. inci'ease of 9.8D/o aT]nounced for April 2024 Trustees will need to find ways to either increase incoine or i'educe expenditw't. We continued to hold our Christmas Fayre at the begimiing of Decemb6r but our dog show planned for the beginning of Septembei. had to be cancelled because of d heatwave. We contiiiue to claitn back the VAT we pay because we art a i'egistered business and claimed over £4.500 in Gift Aid for the yeai. ended 5 April 2023. This was up on the pi'evious yeai. which had been affected by the coronaviru5 pandeillic. The 50..50 club oui- monthly lottery Continue5 to provide soine ilioome and at the end of the year produced ai'ound £180 per month towai.ds tlie Sanetuary's fifftds. Income from collection boxes and fundraising iiiere8sed very slightly to £5,500. No capital expendi￿1? was incuired during th¢ year. Tho chai'ity continues to opei'ate two bank accounts. The Barelays account continues lo be free but the HSBC a¢¢ount now incw's Wsts, but this account is managed to keep these eosts to a ininimum. No Inoney has been transferred to or from th¢ coir account durin8 tlie year. On¢e again the 11rasura' would like to thank the Trustees for thell. support and confidence thiDughoiil the year. The a¢counls presented here will thi5 year be Independ￿1t1Y exainined by Messrs Dexter and Sharpe, Chartored Certified Accountants. Subject to the above gxaniination, I commend this I'epoit lo the Ti'iislees of Fen BaEd( Greyhound SanctuaTy for aLceptsnce. Jokn L FoiTest Treasurer FFN BANK GREYHOUND SAP*'CTUARV ANNUAL REPORT OF THE TRUS'I'EES FOR THE YEAR ENDED 31 OCTOHII R 2023 CONTI)... I'i'ustees, Il¥sponslbllltle8 'rh¢ tn].%tces al'e requir¢d Iindcr Ihc C,hai'ilies. A¢L 2011 lo prepair financial statements toi. each yeai.. selecting an appropi'iate consistent tXLtsiS fur preparation. The truglcc5 are responsiblL foi. k¢oping occouvting ￿Lord% which disc108¢ with rea8onable accuracy the finamcial poyili(Fn ol tbc Llicirily aiid which enable them tn ensure that thc liiianeilll staleni¢nis comply witb appliLabl¢ law Irgulati(>D8. Thry are also icspollsihle for sattguardiDLI the 2s8Cts of thc chariry And hcncc for laking Kasnnable Stcps for the PiL'veiitlOll aii(I d¢l¢iti4)n uf tr8iid aiid otbcr irwgularitics. TnLslees lire iiumi]]dL¢d dnd se¢uiided by LullJrnittee memberb dt the ACIM. Th¢ r¢w11 was approved by the tm.%tees on I l Trebn￿ry 2024 and signed on thcir behalf. R, //4. Mrs Stella Pullum Trustee FEN BANK GREr YHOUND SANrfuARY JNI)FPENDLINI' FXAMINfiR'S RFPORT TO TFIE TIIUSTlI,rs or FLI N BANK (:RCI yl{()UNI) SANCI'IJARY J report on the accounts of the Ti'ust for the year ended 31 Odober 2023 which are set out on pages 9 to 20. Responsibilities and basis of i'eport As the charity trustees of the Trust, you are responsible foi. the prq)ai'ation of the accounts in accordance with the requirements of the Charities Aci 2011 {"the A¢t'). I repoit in respect of my exaiiiination of the Ti'ust's accounts Carried out und￿. section 145 of the 2011 Act and in caTryitig out my exainination, I have followed the applicable Direction5 given by the Chai'ity Commission section 145(5)(b) of the Act. Indepe￿d¢llt examiner's stateinent I have cornpleted my ex3miThation. I ooiifuin that no materi81 matters have curne tu my attention in connection with the exatnin&tion which 2Èves me cause to believe that in, any matei'ial iEspect'. accounting rccoTds were not kept in accoi.dance with section 130 of the Act or the accounts do not accoi'd with the accountiiig records I hRve no concerns and have co]ne across no other Matt￿.5 in conntotion with the exaTninatioii to which attention should be drawn in order to enable a pi'opeT undeistandu)g of the accoiints to bt reached. hlRS NICOLA LENTON FCCA Indepeiident Exaiiiiiier Dexlej. & Sliarpe Chartered Certified A¢countants The Old Vicarage Church Close B05ton Lincolnshire PE216NA I I￿1 February 2024 FCI N BANK GRLYHOUND SANCI'UARY STATEMENT OF FINANCIAL AcfiviTIES riOR THE YEI AR EI NDED 31 OCTOBEI R 2023 Unrestricted FuDds Resti'Rcled Designated Funds Fu31ds 'rolal 2023 Total 2022 Notes Ineoming rc.soiirees Donation8 & Legacies Invethnenl Incoine Charitable Activities Other Jncrjmc other Incoming Resources 38 3b 177,615 2,433 104,573 5,166 12J19 177,61S 6,392 104,573 5,166 12,319 65,390 656 110,157 4,400 9,022 3,959 3d 3e Total Incoming Re50UI'C¢S 302,106 3,959 306,065 189,625 Resoui'ces EXpe￿ded Raibing Funds Costs of Chai'itable Activities 54,903 122995 54,903 126,649 48,117 118,465 4b 3,654 Total Resollites fiJxpended 177,898 3,654 181,552 166,582 Net Incomiiig RcsOIII'CCS 'rY#n.sfei'.8 between fun(l. 124,208 {3,654) 305 3,654 124,513 23,043 Nct Movement iji Fullds 120,5S4 3.959 124,513 23,043 Reconcilialioll ofFiiiids BalanLes biDught forwaid 292,811 199,616 492,427 469,384 Balances cai'i'ied forward 413,365 203,575 616,940 492,427 All of tlie Cliai'ity's operations are classed as continuillg opa"ations. The notes forn) part of these ftsthncial statements found, on pages 10 to 20. FEI N BANK GRF.VIIOUND SANC'TUARV BA1,ANC￿ SHEb"I' AS AT 31 OCTOBER 2023 UnrL'$tri¢ted Fundy Restrleted Fumds Tutal 2023 Total 2022 Nutei Vixed As￿ts T￿l¥ible Asq¢ls Invesln)cnl A5seLs 241,262 241,262 247,302 241,262 241.262 247.3112 C￿rrent Asswly L)ehtOTg & ljrepclyynents ("a.s1i at blink and li) hvmd -17CTr,2.12 .170.232 246.205 Tntal C.MrrL'nl A%$L.És 377,241 377,243 246,205 Credltnrs.. due within one ycar io 1,565 I,Q80 NET C.URRENT ASSE'rs 375.67 .175,678 245.125 'I'(YI'AL ASSETS less curr&J)t Ilabili¢les 616,940 616,Y40 492.427 Creditor8: du¢ itt mi)Ir than one year Nli,T A&iSETS 61￿940 616.940 492,427 riUNDS OF THE CHARITY Gcn¢tOLlCIlfS The pi'incipal accounting policies are summarised below. consistently tknDughout the year. The accounting policies hav¢ been applied Basi5 of pi'eparatioii The financial statements have been pi'epared under the histoi'i¢al cost Convention with itaiis Kwo￿lised at ¢0St OT trans&ttion value unle55 Othcrwise slated in the relcvant notes. The fmancial stateinenls have been pi"ep&red in a¢cord8nce witji the Stattment of Recommendod Pi'actice.. AccounlinLi and Repoiting by Chai'ilies, pi"epai'inE thell. accounts in ac¢oida]ice with the l."in3llcial Repoiting Standard applicable in the UK and Republic of Thrland (FRS102) {effeLtive l January 2015)- (Chai'ities SORP-. FIiS102} and the Chai'itics ALL 2011. The C.hai"ity has ¢laimtd exemptioris available in Section la of FRS102 not to prepai'e a cashflow statement since it is a small charily. The Charity iiieets the def￿ltiOn of a public benefit entity undei. fRS102. As5et8 2nd liabilities are initially i'ecognised at historical cost unless vthei.wise stated in the relevant aecoullting policy note5. Asse$smcnt of Gning C.oncerll Prepai'ation of the accounts is on a going coi)cern basis. The b￿Ste¢S ¢on8idei' that there aTe no material uncertainties about the Charity's ability to coiitinue as a going concern. Recogtlilioii of Incon]ing Resourees These ai'c includcd in the Statement of Financial Activities (SOFA) when.. The charity becoines entitled to the resouircs; The li'llstees are virtually Gei'tain they will rec¢ivethe F¢qoiii'ees' and The Inonetary value can be measwyd with sufficienl i'eliability. Incoming Resources Ivith Related Expendituie Where inconiing resouir&% have related expenditiire (as wRth fillidraising or contact income) the incoming resoitrces and relatcd expenditure al'e repoi'led gross in the SOFA. Grants aiid Donxtions "ants and doiiations al'e only includes in the SOFA when the charily has llncoiiditional ei)titlement to the resources. Tax Reclainis on Donxlions and Gift$ Incorn￿g T6sources from tax reclaiin% aiE included in the SOFA at the same time as the gift to which they relate. CoiitractLi%I li1¢oi￿e PerformRiiee Related Cyraiit5 This is only included ll) the SOFA once ilie relatcd goods or sei'vices hAve been delivered. Ciifts in Kind Gifts in ki31d aiE ac¢oiint£d for at a reasonable estimate nf their value to the charity or the Hmount actually realiyed. Gift5 iii kind lor sale oi. distribution aie Encludcd in thc accounts as gifts only when sold oi. dists'ibuled by the charity. Qifts in kind for use by the charity are included in the SOFA as incorne receivable. This page does not foiin pai* of the statutory f￿ancial statements. FEN BANIC GRF.YHOIIND SANCTUARY NOTFS TO THf FINANCIAL STATEMENTS FOR TFif YEAR EI NDEI D 31 ocfoiiF,R 2023 ACC'OUNTING POLICIES continued Voluntcer Help The value of any voluntaiy help Teceived is not includcd in thc accounts and is des￿Ibed in the Report of the Trustees. Donated Sei'vices And fiacilities lliese aiE only included lll itLLoniing resources (with an equivalent amount in r¢50urce5 cxpended) where the benefit lo cliarily is i'easonably quaiitifiable, Incasiii'able and matei'ial. 'fhe value placod on thc8e resources is the estimated value to the ¢harity of the seivics oi. facilily received. lllvestmenl Income This is included in the accounls when receivable. Investment G2ills and Losses This included any gain or Ioss Oli t]ie Sdle of investments and any gain or Ioss resulting from revaluing investments to market value at Uie end of the yeai.. I xpe￿dItllre aiid Lizb511tles Litbility Rce¢)gnilion Liabilities are recognised as soon as there is a legal or constructive obligation coinmitting the charity tts pay out Itsources. Governance Costs Incliide cost% of the preparation and exainination of statutory accounts. the L(ISts of the trustees ineelu)gs and cost of any l¢gal advicc to trustees on governaT]ce or eonstitutiDnal matters. Support Costs Support costs include central functions 8nd have been allocated to aetivity cost categoL'ies on a basis consistent willi the use of11)e i'esources, e.g. allocating property costs by floor area%, or per capita, staff costs by the time spent and othei. costs by their usage. Investments ivestments quoted oi) a recoBiiised stock exchange al'e valued at ￿arket wdlue at the year end. Other invesliiient assets al'e included at tsustees, best estimate of Inai'ket valiie. PensioIis Pensioii contributions are chaTges to the Staleinent of Financial Activities are they bewme payable. Thi5 page does not forin pakt ofthe Sta￿l01Y f￿ancial stateLllents. 12 Ifi N BANIC GREYHOUND SANCFUARY NOTES'fo'i'Iii FIINANCIAL STATEMENTS FOR IIIE YEIAR ENDED 31 OCTOBER 2023 ACCOUNTING POLICIES continued Fulld Accounting Funds held by the oharily are eithcr: Unre8lricted funds These are fimds which e&n be uged in accoFdance with the ehai'ity's objectives, at the discretion of the trustees. Reslricted funds These al'e funds that can only be used for pèrlicuLar restricLed purposes Wlthin the objects of the chaiity. Endoivment fiiDds These funds air fvnds set aside by the trustees out of unrests'icled general funds for specific purposes or project5. Fuither explanation of the nature and puiyose of each fulld is included in the notes to the fJnarLcial statements. Fixed Assets Thcse ale capit31i.%cd if they ean be us¢d for more than one year, and cost 81 least £500. They are value at cost or, if giftcd, at the value to the clitirily on iEceipt. Depreciatioai FJxyensc Depj'eciation is calculated at a rate to w'ittt off the cost of tangible fjxed assets on a straight line basig ovei. theii. estimated ugefvl lives. The rates applied per annum al'e as follows.. Kennel Block and Treatment Room New Icennel Block (built 2014115) Vehicle fuIid Fixiui'es and Trittings Equipment 25/0 There have been no ch￿ses to the accounting policies {vai'iation iules pllid methods of accounting) since last yeaL'. This page does not form paLt of the statutory financial.%tat¢inents. 13 FEN BANIC GREYHOUND SANCTUARY NOTCI S TO THE FINANCIAL STATIMENTS FOR THE YfAR NDED 31 OCTOBER 2023 TANGIBLE FIXED ASSETS Uni'tstrltteJ Designsted Bloclc & 'ri'exttnent Rooin Fixture5 Firehold Pnjpei'ty Vehicle Fund Building Fund Equipment To121 Cost At l November 2022 Addilions 160,952 3,399 44,829 19,887 20,390 58,245 307,702 At 31 October 2023 160,952 3,399 44,829 19,887 20,390 58,245 307,702 ActUTnulated Dep At l November 2022 Charge for the year 425 744 12,186 816 11,632 826 12.744 1,912 23.413 1,742 60,400 6.040 At 31 Octobei. 2023 1,169 13,002 12.458 R4,656 25,155 66,440 Net ljook VAIIEe At 31 Octobei. 2023 160,952 2,230 31.827 7,429 5.734 33,090 241,262 At 31 October 2022 160,952 2,974 32,643 8,255 7,646 34,832 247,302 This page does not form part of the statutory fJnan¢ial stateinents. 14- rFN BANK GREI YHOUND SANCTUAIIY NOTES TO THE FINANCIAL SI'ATLI MF,NI'S OR THF YEAR ENDED 31 ocfoBlI R 2023 INCOMING RESOURCEI S Unrcstricted Fund5 Re5ti'i¢ted De5ign2ted Fllnds Funils Total 2023 Total 2022 Notes R) Donations & Legaeies Adoption Donations Ti'ainer D051ations General Donations Grants 2nd Legacies 6,084 12,180 24,654 134,697 6,084 12,180 24,654 134,697 3,047 7,595 26,373 28,375 177.615 177,615 65,390 b) lllvestnient Income Intei"e5t Received 2,433 3,959 6J92 656 2,433 3,359 6,392 656 c) Trading Aetiyilies Shop Incorne Alfoi'd Shop Income Spilsby MeirhAndise Flat Rental Income Flat ljtilities Fundraisiiig Collection Boxes Spoiisor J)og Solar PV P.I.'I' 44,808 45,347 1,918 4,200 1,355 3.292 2,269 850 534 44,808 4S,347 1,918 4,200 1,355 3,292 2,269 850 534 46,877 48,735 2,849 3,850 1.602 2,754 2,523 200 767 104,573 104,573 110.157 d) ChAI'itable A¢tiV3ties Pet Plan Cominission/Rerhorning 50..50 Club Weatlier Lottery 310 4,824 32 310 4,824 32 221 4,003 176 5,166 5,166 4,400 e} Othei. Iiiconjing Rtsources Refunds Ti'ansfcr Charge Miscellaiieous 4,690 720 6,909 4,690 720 6,909 4,405 420 4,197 12.319 12,319 9,022 This page does not foi'm pait of the statutory f5Jian¢ial statements. 15- FEN BANK GRfi YEIOUND SANCTUARY NOTES TO THE IIINANCIAL S'TAI'EI MEI N'rs FOR THE YEI AR EI NDED 31 oc'ri}IlEI 112023 REI SOURCES EXPENDED Unreslricled Fuiids Restricted Designated Fiiijds Fuiids Total 2023 Toknl 2022 Notes a) Raising Fund5 AdveitisinglFundraising (Indirect) Merchandise Banicing Fees Shops Expenditw'e.. Staff c.osts Rates Ilcnts Maintenattce Miscellaneous Utilities 212 1,934 174 1,3SO 225 1,350 225 29,582 416 14,400 882 5,316 2,730 29,582 416 14,400 882 5,316 2,730 26,566 614 13,950 415 3,060 1,192 54,903 S4,903 48,117 b) Chai'itable Activities Direct Expenses.. VEt Expenses Dog Food Dog Medical Supplies Kennel Equipmtnt Kennel Miscellaneous KeTlliel Maintenance Kcnnel Ct￿pIt Maintenance Rodent ConhY)I tndll'ect Expenses.. Kennel 50=50 Club Capital Deprwiation r.xpense Fiiel Maintenance and Renewals Office Services Pety Cash PhotocopieT Refuse c.ollection Staff Costs Subsci"iptions I'elephone Utililies Vehicle Costs Work Clothing Govei"nan¢e Costs- Independent Examinei. Fee 7,566 5,439 527 611 488 2,098 882 1,372 7,566 5,439 527 68 488 2,098 882 lJ72 6,425 3,513 813 328 475 6,008 876 1,351 5,6S7 2,095 5.657 2,095 6,700 1,836 2,386 72 930 3,494 450 330 251 77,286 3,654 6,040 72 930 3,494 450 330 2SI 77,286 159 536 5,013 4,448 488 6,264 732 4,302 500 415 239 71,447 159 518 4,104 1,400 12 536 5,013 4,448 488 960 960 60 122,995 3,654 126,649 118,465 This page does not ft>iin pait of the statutoi'y financial statements. 16 FEN BANK GRti YHOUND SANCTUARY NOTES TO THE FINANCIAL STA'rri MENT FOR THE YEAR NDLD 31 ocI'oBfi,R 2023 RESTRICTED FUNDS The Charity held no Restt'icted Funds during this or the piyvious r]nan¢ial period. DESIGNATf,D FIUNDS Ciii'reTht Fillancial YeHr Unr¢gli5ed GglnlLoss Balante iiiinz Incon]¢ Expendlture Trgnsfei. 3111D123 Buildiiig Fund F.snei'gency Reserve Fund Vehicle Fund 74.295 101,931 23J90 (1,742) J,742 74,295 105,890 23,390 3,959 (1,9121 1,912 199,616 3,9S9 (3,6541 3,654 203.575 Pi'evious FiDaiiei%LI Yeai. Bgknnce iiiini Uni'¢*llsed GainlLts%$ Incotllc Expcnditure Trxnsfor 31non2 Building Fund EmcrgEn¢y Reserve Fund Vehicle Fund 74,295 101,331 23,390 (1,833) 1,833 74,295 101,931 23,3%) 600 (2,549> 2.549 l99,016 600 {4J82) 4,382 199,616 A designated Building Fund was set up to assist in grant fvnding for the new kennel block, which 15 now completed. The block has an e5tllnaled lift of 25 yeaTS and 15 shown depi'eciated at 50/0. The depiE¢iation of £1,742 is included lll the transfei. sl)owi) above fix>in unrestricted fijnds in the table above, to allow the End of year balan¢¢ to Tepresent the total of capital expenditure on the building to date (£58.245) and the cash balance Temaining (£16,050). Similarly thei'e 15 a de5igJnated Vehicle Fund foi. the puryoses of replacing Ibe old van. The ntw van has an estkmated life of 4 years aiid again depreciation of £1,912 is shown transten'ed from resti'icted fi￿as-plUS the capital cost uf the new van at £20,390 10 sllow the end of yeai. balance to repiEsent th¥ capital expenditw'e of the VaD (£20,390) aiid the cash balance remainsng (£3,000). The balaii¢e ofthe COtF account has been designated to the Emergency Reserve Fund. INVESI'MENTS The Chai'ity held no investment assets during this oi. the previous finaneial p￿.]0d. Thi.% page does not form parl of the statutory f￿anCIal state]nents. 17- FEN BANK GREYHOUND SANcfuARY J¥OTEI S TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 8. DEBTORS AND PREPAYMENTS Unresti'icttd Fund5 R￿11'1et¢d Designated Funds Fullds Totgl 31110123 Total 30110122 VAT I,oJi I,oii I,oii I,oIi 9 CASH AT BANK AND IN HAND UnrestiYcted unds Resti'icted Desigllated 'unds Ilunds Total 2023 Total 2022 HSFIC. Nationwide Nationwide Deposit Bai'clays EISI3C, Deposit 3,833 3,833 7.750 190,216 4,874 12,169 58.861 249,077 4,874 12,169 105,890 389 119,290 4,824 12,021 101,931 389 105,890 Paypal 389 211,481 164,7SI 376,232 246,205 io. CREDtTORS AND ACCRUALS AMOUNTS FALLING DUE WITHIN ONE YEAR Unresti'ictcd Funds Resti'icted Designated Funds Funds Total 31110123 Total 30110122 Independent Examllier's Fee otrice Sei'vices 960 605 960 605 1,080 1,565 1,565 1.080 I I. CRriD￿ORs AT4D ACCRUALS AMOUNTS FALLING DUF. ITr4 MORE THAN ONE YEAR The Chai'ity held no long tenn liabilities during this or the previous fmancial p¢i'iod. Tliis page does not fonn part of the ststutory financial stateincnts. 18 I KN BANK GREI YHOUND SANCTUARY NOTfS TO THE fiINANCIAL STATII MEI NTS FOR THEI YEAR ENDEI D 31 OCTOBER 2023 12. STAFF COSTS AND NUMBERS Totsl 2023 Total 2022 Gross Wages & Salaries Social Security Costs Pension employei. conti'ibutions 97,793 6,320 2,755 89,982 5,129 2,614 106,868 97,725 Avu'agenumber of employees who were engages in ea¢h of the following aetivilies.. Tntal 2023 Total 2022 Activities in fw'therance of oi'ganisations objeLts The Chai'ity opcrates a PAYF. sehejne to pay all einploycd rneinbeis of staff aT)d iio employees received emoluinents in exc&8s of £60,000. (2022.. None). 1.he Chai'ity on Hvei'age e]nploys 1 full-time staff including a kcrfftel inanager and shop managers, and 8 pait-tiille staff, all who are involved witli the welfai'e of the greyhollnds. 13. TRUSTEES AND OTHER RELAfLI D PARTIES No payments were made to trustees to any persons c0j￿eCted with them dLll'ing this financial period. No mateiial transaction took place between the organisation and a bvstee oi. any paEon connection with them. (2022.. None). 14. RISK ASSESSMENT The Trustees actively irview the nrdjor risks which the charity faces on a i'egular basi5 and bElieve that maintaining the firtt resei'ves stated cojnbined with the annual irview of the contlols of the key finaiicial statetnents caii.ied out 011 Bn annual basis will provtde sutTicient resources in the event of adverse conditiuns. 'l-he 'l'i'uslees have also examined othci. opcrati0n￿l 2nd busine&s risks which they face and collf￿m that they have established systems to mitigate the significant risks. This page does not foi'm part of the statutory financial stat¢inents. 19 FEI N BANK GIILI YHOUND SANCTUAIIY NOTLI S TO Tilf fi INANCIAL STA'I'fMLNTS FOR TH£4 YLAR NDliD 31 OCTOBER 2023 IS. RESERVES POLICY The Trustees have consideiEd the level of I'eseiwes they wish to I'etain, appi'opria(e tu the Ch￿'1{Y,S needs. Thi& is based on the charity's siie and the level of f￿anCIal eominitments held. The Ti'ustees aiij to enslli'e the ch￿'Ity will be able tu continue to fulftl its chai'itable objectives even if there is a tempDrary shortfall in income or unexpected expenditure. The TTusteeb will ¢Dd#avour not to set aside funds ut)ntcessarily. 16. PUBLIC BENEFIT The Chai'ily ad