Charity Registration Number: 1072443
FEN BANK GREYHOUND SANCTUARY
TRUSTEES, REPORT AND ACCOUNTS
FOR THE YEAR ENDED
31 OCTOBER 2024
Dexter & Sharpe
Chartered Certified Accountants
Th¢ Old Vicarage
Church Close
Boston
Lincolnshire
PE216NA

FEN BANK GREYHOUND SANCTUARY
CONTENTS
Page
Charity Inforination
Trustees, Report
Independent Examiner's Report
Slatemenl of Financial Activities
Balance Sheet
10
Notes to tlie Accounts
11-20

FEN BANK GREYHOUND SANCTUARY
CHARITY INFORMATIOIN
c.harity Number:
1072443
Working Names:
F.B.G.S.
Start of Financial Year..
l November 2023
End of Financial Year:
31 October 2024
Trustees:
Mr lan Bl'eacher
Mr PaLII Biyaii
Mi. Grahain Crick
Mr Graham Fountain
Mrs Sarah Maitin
Mr Stephen Martin
Mrs Stella Pulluin
(Chair of Trustees)
The existing trustees appoint any new truslees following the provisions laid out in
the organisation's governing instrument.
Governing Instrument:
Declaration of Trust deed adopted 8 October 1998
Legal Status:
Unincorporated
Registration Date:
13 November 1998
Objects:
The relief of greyhounds who have been abandoned and who are in need of care and
attention and to place Ihem in such pennanent hom¢s as the trustees Consider
appropriate.
Address:
Farm House
Fen Bank
Friskiiey
Lincolnshire
PE22 8PS
Bank:
HSBC
49 Lumley Road
Skegness
Lincolnshir¢
PE25 3LW
Independent examiner:
Mrs Nicola Lentoii FCCA
Dexter and Sharpe
Charlered Certified Accountants
The Old Vicarage
Churcli Close
Boston
Lincolnshire
PE216NA

FEN BANK GREYHOUND SANCTUARY
AfyNUAL REPORT OFTHE TRUSTEES
FOR THE YEAR II NDED 31 OCTOBER 2024
Fen Bank Greyhound Sanctuary has managed to Continue its successful homing rate in 202312024.
This achievement was accoinplished because of the continued long-tenn involvement by volunteers, a dedicated Board
of Trustees and committed kennel staff.
We Coiilinue to seek mol'e opportunilies lo raise our profile and there has been good local support during this year,
Structure and Governance
The Charity is govenied by the Trust Deed (1998).
The structure of the Charity consisls of a Board of Trustees, legally responsible for all aspects of the Charity's work and
for ensuring thal the Charity's property is safely maintained.
The board has seven Trustees: Mrs Stella C Pullum, Mr Paul Bryan, Mr Graham Crick, Mr lan Breacher, Mr Gi'aham
Fountain, Mrs Sai'ah Martin and Mr Stephen Martin.
Organisational Management
Tlie Chair of Trustees is responsible for all the activities of the Sanctuary with emphasis on responsibility for the staff
and the running of the kennels.
One Trustee is designated &8 responsible for ChairlKennel Truste¢.
One Trustee is responsible for the vice-chair, public relalions and sanctuary house.
One Trustee is designat¢d fund-raising.
One Trustee is designated assisling TreaSu￿r.
One Trustee is designated as responsible for the two Charity shops.
One Truslee is designated Chai'ity web page and Board Secretary.
Controls in Place
Formal Ageiidas and minutes for all meetings whether of Trustees or with staff and external advisors.
Comprehensiv¢ and transparent maiiagement accounting.
Controls on cash Iiandling.
Comprehensive guidance documents are in place for all aspects of the Charity's work including health and
safety includiiig Covid 19 protocols, employment issues, finance, shop activities, kennel i'outines and all staff
are aware of these as appropriate.
Formal written policies In line with Employment Law requirements including positive procedures relating to the
employinent of staff witl) a disability.
Trustee Training.

FEN BANK GREYHOUND SANCTUARY
AIYIYUAL REPORT OF THE TRUSTEES
FOR THE YEAR ENDLID 31 OCTOBER 2024 CONTD,....
Controls in place continued
Covid 19 procedures for botli shops and sanctuary.
Data protection procedures.
Strategic planning.
Coiisideratioii of access to secondary level and othei. non-confidenlial records.
Computerised kennel records.
Cross referenced database.
Audit of appraisals and training records.
Continue to update kennel proceduresltraining records for kennel and shop staff.
Charffttable Objects
The Charity's objects as set out in the Trust Deed are "the relief of greyhounds who have been abandoned or who are in
need of care and attention and to place them in such pem)anent homes as the Trustees deem appropriat¢,' The object
clause was reviewed again this year.
Aims and Impact
Within the objects the Charity seeks to provide the best possible service to the community, both in slandards of keniielling
and iii supporting prospective owners and their greyhounds befoi'e and after they are placed in their new homes. The
Charity also seeks to inform and educate the public and involve the local community in its work. The Charity has positive
relationships with the media and the respect of fellow professionals in the field. The Chartty is nationally recognised for ils
standards of excellence, it is a member of ADCH (Association of Dog and Cat Homes).
Public Benefit
The Trustees confirm that they have referred to the guidance in the Charity Commission's general guidance on public
benefit when reviewir)g the Charity's aims and objectives and in planning future activities.
Objectives for the Year
Conlinue to be largely Ihe same as the last yeai.
To continue to improve the Iioming programine.
To further iinprove administrative and working procedures and fundraising.
To further develop the support of the local community.
To raise awareness if the Charities work and the treatment of greyhounds.

FE4 N BANK GREYHOUND SANCTUARY
ANNUAL REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OCTOBER 2024 CONTD..
Strategies to Achieve the Year's Objecrtives
The volunteer base continues to be expanded and local as well as national volunteers have been encouraged to take an
active part in raising awareness of the Charity's work. A list of reliable and experienced owners has been drawn up who
are willing to do hom¢ checks and follow ups in their local area. All suitable new volunteers are in the process of being
trained and guided by the kennel manager and will continue to gain experience by working alongside those who have been
previously irained. Administrative and working practices continued to be reviewed and procedures updated as a result.
Principal Activilies ofthe Year
Number of dogs admitted was 21 and th¢ sanctuary re-homed 21 dogs from November 2023 to October 2024, a number of
whom went with other breeds. 4 dogs were returned in total for various reasons. Vetting procedures are extremely
stringent and it is a condition of re-hoining that dogs which prove to be unwanted for whatever reason must be returned to
Fen Bank. These figures are down on pi'evious years due to the Closure of the kennels during the summei. for the rebuild
project (see below).
We did noi have any dogs 'Put to sleep, during the year.
The Sanctuary has continued to operate a one out, one in policy for all of this year and it has sometimes only been a matter
of hours froin a dog going out to tlie next one coining in. There is a wailing list in operation at all times. Referrals continue
to be made by the Police, RSPCA, Dog Wardens, Owners and Trainers. We always give priority to the dogs in most need.
A number of the strays taken in have proved impossible to trace to an original owner. The Charity shops Continue to
provide a focus of interest in the wider community plus we had a number of dogs that have been re homed to iheir
customers. The shops also provide a much needed income to the work of the Charity and although still slightly i'educed
post-covid continues lo improve.
Volunteers
We estimate that over the year volunteers would have provided approximately two thirds of our manpower. The Trustees
and the Board would like to acknowledge publicly aiid gratefully the devotion and service given to the dogs by hands oli
carers, fundraisers, drivers, shop assistants, advisors and olher professional volunteers. We would be lost without you!
Review of Achievemenls and Performance for the Year
The main activity of the year has been the demolition and rebuild of the kennel accommodation. The original three blocks
of six kennels each were showing their age and the charity was spending a lot of inoney on ongoing inaintenance and
repairs with no real long-term benefit so we made the decision at the start of 2024 to demolish and rebuild. We now have
one iiew single kennel block wliich houses twenty dogs (an increase of two). It is made of modern materials and means
that heating and lighling is more sustainable and efficient and makes an improved livtng envii'onment for the resident
dogs, It is also easier to inanage given that all the dogs ar¢ under one roof instead of being in three sepai'ate buildings.
In addition to ihe i'ebuilding project covered above the ongoing problem of the higli-water table and drainag¢ of water
from the site has been addressed. The rebuild gave us an opportunity for extra work lo be carried out whilst builders were
on site and iiew draiiiage systems have been incorporated at the site resulting in much better water inanagement.

FEN BANK GREYHOUND SANCTUARY
ANNUAL REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OCTOBER 2024 CONTD.....
Fundraising
The charity held numerous events throughout the year including a Christmas Fayre, a Dog Show and an Open Day which
were very successfiil. The Oper) Day incorporated the grand opening of the new kennel block wilh a celebrity cutting the
ribbon for us. We also had a presence at local shows, which was good for the publicity and promotioii of Fen Bank and
raised extra money. Events of the year also included several talks about greyhounds given by one of our own trustees and
his own greyhound. The two Charity shops continue to be our main source of income. We receive large quantities of
donated items that we can prepare and sell in our sliops. Our fundraising ventur¢ of the 50..50 club continues successfully
I'aising approxiinalely £200 per nionth. Our new sclieine of 'Give a car, is slowly increasiiig.
Financial Activities
Standing orders are still a mainslay of our income alongside the income from ihe Charity shops and the income from the
fundraising.
Going Concern
The Trustees have every confidence that the Charity will meet its financial obligations when they become due.
Reseryes Policy
The Charity continues to aiin for 6 months running costs, the CCLA COIF account together with a bank deposit account
provide an economic cushion.
The Trustees aim to bc responsible for the good management of th¢ Charity and should
Select suitable accounting policies and apply them consistently.
Make judgements and estimates that are reasonable and prudent.
Prepare financial statements on the going concern basis unless it is inappropriate to presume that the Trust will
continue in exislence.
The Triistees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time
the financial position of the Trust. They are also responsible for safeguarding the assets of the Trust and hence for taking
reasonable steps for the preventioii and deteclion of fraud and other irregularities.

FEN BANK GREYHOUND SANCTUARY
ANNUAL REPORT OF THE TRUSTEES.
FOR THE YEAR ENDED 31 OCTOBER 2024 CONTD.....
Treasurers Report
With substantial legacies having been received in 2022123 the trustees decided to Invest some of the money in rebuilding
the kennel blocks which were showing signs of their age and beginning to need regular repair work to keep them
serviceable and fit for purpose. All three of the existing kennel blocks were demolished and removed and a single new
pi'efabricated block erected incorporating 20 kennels instead of tlie 18 in the old blocks. With a number of donations
received towards the cost and VAT reclaimed, the net cost of this to the Sanctuary has been around £80,000.
Iiicome froii) botli shops was up about l 0% tlie previous year, liop¢fully signalling a retuni to coiifidence in ilie niai'ket
place. Thanks once again to the dedicated teams at both shops t.or all their efforts to improve the trade at the shops at a
time when conditions have iiot been easy.
Over the year income, excluding legacies and donations to the kennel block rebuild, was very slightly up but was almost
exactly inatched by the inciease in general expenditure. With the National Living Wage increasing by 9.8 % in April, the
brak¢ on tlie expenditui'e was a result of the reduced feeding and vetei'inary costs during the kennel rebuild, when the
number of dogs in residence was reduced to a ininimum.
Once again, we held our Christmas Fayre at the beginniiig of December and thankfully the weather was kind to us this
yeai. and our dog show went ahead in September.
We continue to claiin back ihe VA T we pay because we are a registered business and claiined over £4,100 in Gift Aid for
the year ended 5 April 2024, which was nearly £400 down on the previous year.
The 50.50 club, oui. monthly lottery, continues to provide some income and at the end of the year produced around £200
per montli towards the Sanctuary's funds.
Incoine froin collection boxes and fundraising inci'eased very slightly to £5,700.
Capital expendilure incurred during the year was £107,000 but as staled above when donations and VAT reclaimed is
taken into accounl the net cost of this was about £80,000.
The cliarity continues to operate two bank accounts. The Barclays account continues to be free but the HSBC account now
incurs costs, but this account is managed to keep these costs to a minimum.
No money has been transferred to or from the COIF account during the year. The Sanctuary also maintains a savings
accoui)t with Nationwide Building Society.
The accounls presented here have been independently examined by Messrs Dexter and Sharpe, Chartered Certified
Accountants.
Subject to ihe above examination, I commend this report to the Trustees of Fen Bank Oreyhound Sanctuary for
acceptance.
John L Forrest
Treasurer

FEN BAIYK GREYHOUND SANCTUARY
ANNUAL REPORT ufi THE TRUSTfi ES
FOR THE YEAII ENDLD 31 oc"foBER 2024 CONTD....
Trustee51 Responsibilities
The trustees are required under the Charities Act 2011 to prepare f￿ancial statements for each year, selecting an
appropriate consistent basis for preparation.
The ttvstees are responsible for keeping accounting iEcords which disclose with reasonable accuracy the fmancial
position of the charily and whicb ¢nable them to ensure that Ihe fll]ancial stalements comply with applicable law and
r¢gulations. They are also responsiblc for safeguarding the assets of the charity and h¢iiLe for taking r¢asonable steps for
the prevention and detection of fraud and other irregularities.
Trustees are nominated and seconded by committec membei's at the AGM.
The i'eport
as approved by the trustees on 16th February 2025 and signed on their behalf.
Mi. lan Breacher
Chair of Trustee5

FEIY BANK GREYHOUND SANCTUARY
INDEPENDENT EXAMINER'S REI PORT
TO THE TRUSTLI ES OF
FEN BANK GREYHOUND SANCTUARY
I I'eport on the accounts of the Trust for ihe year ended 31 October 2024 which are set out on pages 9 to 20.
Responsibilities and basis of report
As the charity irustees of the Trust, you are responsible for the preparalion of the accounts in accordance with the
requirements of the Charities Act 2011 ("the Act").
I'eporl in respect of my examiiiation of the Triist's accounts carried out under section 145 of the 2011 Act and iii
cai-rying out my examination. I have followed the applicable D1￿ctionS given by tli¢ Charity Cominission under section
145(5)(b) of the Act.
Independent examiner's statement
I have completed my examinalion. I confirin that no material matters have Come to my attention in connection with the
examination which gives me cause to believe that in, any malerial respect:
accounting records were not kept in accordance with section 130 of the Act or
Ihe accouiits do nol accord wilh the accounting records
I have no concerns and have come across iio otlier matters in connection with the examination to which attention sliould
be drawn in order to enable a proper understanding of the accounts to be reached.
MRS NICOLA LENTON FCCA
Independent Examiner
Dexler & Sharpe
Chartered Certified Accountsnts
Tlie Old Vicarage
Church Close
Boston
Lincoliishir¢
PE216NA
181h Februaiy 2025

FEN BANK GREYHOUND SANCTUARY
STATEMENT OF FIIN'ANCIAL ACTIVITIEI S
FOR THE YEAR ENDED 31 OCTOBER 2024
Unrestricted
Funds
Restricted Designated
Funds
Funds
Total
2024
Total
2023
Notes
Incoming resources
Donations & Legacies
iivestinent Income
Charitable Activilies
Other Inconie
Other Incoming Resources
91,128
7,993
114,232
4,937
9,597
91,128
13,500
114,232
4,937
9,597
177,615
6,392
104,573
5,166
12,319
3b
5,507
3d
Total Incoming Resources
227,887
5,507
233,394
306,065
Resources Expended
Raising Funds
Costs of Charitable Activities
4a
4b
54,179
154,242
54,179
155,676
54,903
126,649
1,434
Total Resources Expended
208,421
1,434
209,855
181,552
Net Incoming Resources
Transfers between funds
19,466
63,361
4,073
(63,361)
23,539
124,513
Net Movement in Funds
82,827
(59,288)
23,539
124,513
Reconciliation of Funds
Balances brought forward
413,365
203,575
616,940
492,427
Balances carried fonvard
496,192
144,287
640,479
616,940
All of the Charity's operations are classed as continuing operations.
The notes forin part of these financial statements found, on pages l O 10 20.

FEN BANKGREYHOUND SANC'fuARY
BALANcfi, SHEET
AS AT 31 OCTOBER 2024
Unrestricted
Funds
Restricted
Funds
Total
2024
Tolal
2023
Notes
Fixed Assets
Tangible Assets
Investment Assets
311,443
311,443
241,262
311,443
311.443
241,262
Current Assets
Debtoi's & Prepayments
Casli at bank and in hand
5,157
325,460
5,157
325,460
I,oii
376,232
Total Current Assets
330,617
330,617
377,243
Creditors: due within onc year
10
1,581
1,581
1,565
NET CURRENT ASSETS
329,036
329,036
375,678
TOTAL ASSEI TS less Current liabililies
640,479
640,479
616,940
Creditors: due in more thali on¢ year
NET ASSETS
640,479
640,479
616,940
FUNDS OF THE CHARITY
Geiieral Fiinds
Restricted Funds
Designated Funds
496,192
496,192
413,365
144,287
144,287
203,575
TOTAL FUNDS
640,479
640,479
616,940
Appiove
for and on behalf of the charity on 161h February 2025.
Mr Ian Breacher
Chair thf Trustees
10

FEN BANK GRII YHOUND SANCTUARY
NOTLS'I'V'I'HCt FINANCJAL STATEMENTS
FOR THE YEI AR II NDED 31 OCTOBER 2024
ACCOUNTING POLICIES
Tlie principal accounting policies are suinmarised below. The accounting policies have been applied
consistently throughout ihe year.
Basis of preparation
The financial statements have been prepared under the historical cost Convention with items recognised at cost
or transaction value unless otheNiise slated in ihe relevant notes. The financial stalements have been prepared
in accoi-dai)ce wilh tl)e Stateinent of Recomineiided Practice: Accouiiting and Reporting by Chai'ities, preparing
Ih¢ir accounts in accordance wilh the Financial Reporting Standard applicable in lh¢ UK and Republic of Ireland
(FRS102) (effective l January 2015)- (Charities SORP- FRS102) and the Charities Act 2011.
Th¢ Charity has claimed exemptions available in Section la of FRS102 not to prepare a cashflow statement
since it is a small charity.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially
recognised at historical Cost unless otherwise stated in the relevant accounting policy notes.
Assessment of Going Concern
Preparation of the accouT)ts is on a going concern basis. The trustees consider that there are no material
uncertainties abolit the Charity's ability to continue as a going concern.
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
The cl)arity becomes entitled to Ihe resources.
The Irustees are virtually certain they will receive the resources. and
The Inon¢tary value can be Ineasured with sufficient reliability.
Ineoming Resources with Related Expenditure
Wliere incomiiig resources have related expenditure (as with fundraising or contact income) th¢ incoming
resources and related expenditure are reported gross in the SOFA.
Grants and Donartions
Grants and doiiations are only included in the SOFA when the charity has unconditional entitlement to the
resour¢¢s.
Tax Reclaims on Donations and Gifts
Incoming resoui'ces from tax reclaiins are included in the SOFA at the same time as the gift to which they relate.
Contractual Income and Performance Related Grants
This is only included in the SOFA oiice the related goods or services have been delivered.
Gifts in Kind
Gifts in kind are accounted for at a reasonable estimate of their value to the Charity or ihe amount actually
realised. Gifts in kind for sale or distribution are included iii the accounts as gifts only when sold or distributed
by the charity. Gifts in kind for use by ihe charity are included in the SOFA as income receivable,

FEIY BANK GREYHOUND SANCTUARY
NU1'L￿* "I'O THE FINANCIAL STATEMEINTS
FOR THE YEAR ENDED 31 OCTOBER 2024
ACCOUNTING POLICIES continued
Volunteer Help
The value of any voluntary help received is not included in the accounls and is described in the Report of the
Trustees.
Donated Services and Facilitxes
Th¢se are only included in incoming resources (with an equivalent amount in resources expended) wl)ere the
benefit lo cliai'ity is reasonably quantifiable, nieasurable aiid material. The value placed oil these resources is the
estiinated value to tlie charity of th¢ service or facility received.
Investment Income
This is included in the accounts when receivable.
Investment Gains and Losses
This included any gain or loss on the sale of investineiits and any gain or loss resulting from revaluing
investments to market value at the end of the year.
Expenditure and Liabilities
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligalion committing the charity to pay out
resources.
Governance Costs
Include costs of the preparation and examination of statutory accounts, Ihe costs of the trustees meetings and
cost of any legal advice to trustees on governance oi. constitutional matters.
Support Costs
Support costs include central functions and have been allocated to activity Cost categories on a basis consistent
with the use of tlie resources, e.g. allocating property costs by floor areas, or per capita, staff cosls by tlie time
spent and other costs by their usage.
Investments
Investments quoted on a recognised stock exchange are valued at market value at the year end. Olher
investment assels are included at trustees, best estimate of market value.
Pensions
Pension contributions are charges to the Staternent of Financial Activities are they become payable.
12

FEN BANK GREYHOUND SANCTUARY
NOTES TO THE FINAIYLIAL STATEIVIENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
ACCOUNTING POLICIES continued
Fund Accounting
Funds held by the charity are either:
Unrestricted funds
These are funds which can be used in accordance with the charity's objectives, at the discretion of the
trustees.
Restricted funds
These al'e funds that can only be used for particular I'estricted pui'poses wilhin ihe objecls of the cliarity.
Endowment funds
Tliese funds are funds set aside by the trustees out of unrestricted general funds for specific purposes or
projects,
Further explanation of the nalure and purpose of each fund is included in the notes to the financial statements.
Fixed Assets
These are capilalised if they can be used for more than one year, and cost at least £500. They are value at cost
or, if gifted, at ihe value to the charity on receipt.
Depreeiation Expense
Depreciation is calculated at a rat¢ to write off the cost of tangible fixed assets on a straight line basis over their
estimaled useful lives. The rates applied per annum are as follows..
2.50/0
Kennel Block and Treatment Room
New Kennel Block (built 2014115)
Vehicle Fund
Fixtures and Fitlings
Equipment
25%
Thei'e have been iio changes to the accounting policies (variation rules and methods of accounting) since last
year.
13

FEN BANK GREI YHOUND SAIYCTUARY
IYOTES TU 'I'HL FINANCIAL ST ATENI IENI TS
FOR THE YEAR ENDED 31 OCTOBER2024
TANGIBLE FIXED ASSETS
Unrestricted
Kennel
Block &
Treatment
Room
Destgnated
Fixtures
I reehold
Property
Vehiele
Fund
Building
Fund
Equipment
Fittings
Total
Cost
Al l Noveniber 2023
Additions
Disposals
160,952
3,399
44,829
109,540
19,887
20,390
58,245
307,702
109,540
(58,245)
(58,245)
At 31 October 2024
160,952
3,399
154,369
19,887
20,390
358,997
Aecumulated Depn
At l November 2023
Charge for the year
Eliininated on
Disposal
1,169
558
13,002
3,534
12,458
743
14,656
1,434
25,155
66,440
6,269
(25,155)
(25.155)
At 31 October 2024
1,727
16,536
13,201
16,090
47,554
Net Book Value
At 31 October 2024
160,952
1,672
137,833
6,686
4,300
311,443
At 31 October 2023
160,952
2.230
31.827
7,429
5,734
33,090
241,262
14

FEN BANK GREYHOUND SANCTUARY
NOTES TO THL TrINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
INCOMING RESOURCES
Unrestricted
Funds
Restricted Designated
Funds
Funds
Total
2024
Total
2023
Notes
a) DoDaÉions & Legacies
Adoption Donations
Trainer Donations
Geiieral Doiiations
Graiits and Legacies
3,560
8,490
45,783
33,295
3,560
8,490
45,783
33,295
6,084
12,180
24,654
134,697
91,128
91,128
177,615
b) Inveslment Income
Interest Received
7,993
5,507
13,500
6,392
7,993
5,507
13,500
6,392
c} Trading Activities
Shop Incom¢ Alford
Shop Incoine Spilsby
Merchandise
Flat Rental Income
Flat Utilities
Fundraising
Collection Boxes
Sponsor Dog
Solar PV F.I.T
Greyhouiid Friends Subs
49,210
50,626
1,622
3,950
1,039
3,544
2,172
850
874
345
49,210
50,626
1,622
3,950
1,039
3,544
2,172
850
874
345
44,808
45,347
,918
4,200
1,355
3,292
2,269
850
534
114,232
114,232
104.573
d} Charitable Activities
Pet Plan Cominission/Re-homing
50.50 Club
Weather Lottery
453
4,484
453
4,484
310
4,824
32
4,937
4,937
5,166
e) Other Incoming Resourees
Refunds
Ti'aiisfer Charge
Miscellaneous
4,690
720
6,909
420
9,177
420
9,177
9,597
9,597
12,319
15

FEN BANK GREYHOUND SANCTUARY
NOTES TO THE FINANCIAL STATLMLIYT&i
FOR THE YEAR ENDED 31 OCTOBER 2024
RESOURCES EXPENDED
Unrestricted
Funds
Restricted Designated
Funds
Funds
Total
2024
Total
2023
Notes
a) Raising Funds
Advertisiiig/Fundi'aising (Indirect)
Merchandise
Banking Fees
Shops Expeiiditure:
Staff Costs
Rates
Rents
Maiiitenance
Miscellaneous
Utilities
148
1,988
196
148
1,988
196
1,350
225
32,752
330
14,400
951
2,528
886
32,752
330
14,400
951
2,528
886
29,582
416
14,400
882
5,316
2,730
54,179
54,179
54,903
b) Charitable Activities
Direct Expenses..
Vet Expenses
Dog Food
Dog Bedding
Dog Medical Supplies
Kennel Equipment
Kei)nel Miscellaneous
Kennel Mainteiiance
Kennel Cesspit Maintenance
Rodent Control
Indirect Expenses..
Kennel
50.50 Club
Depi'eciation Expense
FLiel
Maintei)ance and Renewals
Office Se￿]Ces
Petty Cash
Photocopier
Refuse Collection
Staff Costs
Subscriptions
Telephone
Utilities
Vehicle Costs
Work Clolhing
Loss on Sale of Assets
-Governance Cosls:
liidependent Exainiiier Fee
4,448
5,925
37
370
241
165
2,524
510
1,189
4,448
5,925
37
370
241
165
2,524
510
1,189
7,566
5,439
527
68
488
2,098
882
1,372
5,253
2,194
4.835
24
5,654
4,893
623
351
128
83,104
170
596
2,010
1,799
49
26,290
5,253
2,194
6269
24
5,654
4,893
623
351
128
83,104
170
596
2,010
1,799
49
26,290
5,657
2,095
6,040
72
930
3,494
450
330
251
77,286
159
536
5,013
4,448
488
1,434
12
860
860
960
154,242
1,434
155,676
126,649
16

FEN BANK GREYHOUND SANCTUARY
NO'I'ES TO THE FINANCIAL STATEMENL TS
FOR THE YEAR ENDED 31 OCTOBEI R 2024
RESTRICTED FUNDS
The Charity held no Restricted Funds during this or the previous financial period.
DESIGNATED FUNDS
Current Financial Year
Balance
1111123
Unreolised
GAinlLoss
Balance
31110124
Income
Expenditure
Transfer
Building Fund
Ein¢rgency Reserve Fund
Vehicle Fund
74,295
105,890
23,390
(74,295)
5,507
111,397
32,890
(1,434)
10,934
203,575
5,507
(1,434)
(63,361)
144,287
Previous Financial Year
Balance
1111122
Unrealised
GainlLoss
Balance
31110123
Ineome
Expenditure
Tr8nsfer
Building Fund
Emergency Reserve Fund
Vehicle Fund
74.295
101,931
23,390
(1,742)
1,742
74,295
105,890
23,390
3,959
(1,912)
1,912
199,616
3,959
(3,654)
3,654
203,575
A designated Building Fund was set up to assist in grant funding for the new kennel block, which is now completed.
Tlie transfer from the designated fund back to unrestricted reserves i'epresents tlie amount spent on the new kennel
block leaving a Nil closing balance on this designated fund at the end of the year.
There is a designated Vehicle Fund for the purposes of replacing the van. This van has ali estimated life of 4 years
aiid depreciation of £1,434 is shown transferred from unrestricted funds. The closing balance of tlie vehicle fund
(£32,890) represents the cost of the old van £20,390 and a cash balance of £12,500.
The balance on the COIF account has been designated to the Emergency Reserve Fund.
INVESTMENTS
The Charity held no investinent assets during this or the previous financial period.
17

FEN BANK GREYHOUND SANCTUARY
IYOTES TO I'HL blLYAIY"CIAL STATEfvIFNTS
FOR THE YEAR EI NDED 31 OCTOBER 2024
DEBTORS AND PREI PA YMFNTS
Unrestricted
Funds
Restricted Designated
Funds
Funds
Total
2024
Total
2023
VAT
5,157
5,157
1,01
5,157
5,157
1,01 I
9 CASH AT BANKAND IN HAND
Unrestricted
Funds
Restricted Designated
Funds
Funds
Total
2024
Total
2023
HSBC
Nationwide
Nationwide Deposit
Barclays
HSBC Deposit
COIF
Paypal
3,837
3,837
3,833
108,108
6,598
62,241
32,890
140,998
6,598
62,241
111,397
389
249,077
4,874
12,169
105,890
389
111,397
389
181,173
144,287
325,460
376,232
10.
CREDITORS AND ACCRUALS AMOUNTS FALLING DUE WITHIN ONE YEAR
Unrestricted
Funds
Restricted Designated
Funds
Funds
Total
2024
Total
2023
Ind¢pendenl Examiner's Fee
Office Services
860
721
860
721
960
605
1,581
1,581
1,565
11. CREDITORS AND ACCRUALS AMOUNTS FALLING DUE IN MORE THAN ONE YEAR
The Cliarity held no long terni liabilities duriiig this or the previous financial period.
18

FEN BANK GREYHOUND SANCTUARY
NOTES TO THE FINANCIAL ￿).1'A'I'LM£￿Ts
FOR THE YEAR ENDED 31 OCTOBER 2024
12. STAFF COSTS AND NUMBERS
Total
2024
Total
2023
Gross Wages & Salaries
Social Security Costs
Pension einployei. contribulions
103,978
9,231
2,647
97,793
6,320
2,755
115,856
106,868
Average number of employees who were engages in each of the following activities..
Total
2024
Total
2023
Activities in furtherance of organisations objects
The Charity operates a PA YE scheme to pay all employed members of staff and no employees received
emoluments in excess of £60,000. (2023: None).
The Charity on average employs 3 fu51-time staff including a kennel manager and shop managers, and 9 part-time
slaff, all who are involved with tlie welfare of the greyhounds.
13. TRUSTEES AND OTHER RELATED PARTIES
No payments were inade to trustees to any persons connected with them during this financial period. No Inaterial
transa¢lion took place between the organisation and a trustee or any person Connection with them. (2023: None).
14. RISK ASSESSMENT
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining
the free reserves stated combined with the aniiual review of the controls of th¢ key financial slatements carried out
on an aiinual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also
examined other operational and business risks which ihey face and confim) that they have established systcins to
mitigate the significant risks.
19

FEI N BANK CREYHOUND SANCTUARY
IYU'I'LS TO THE FIliANCIAL STATETrIENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
15. RESERVES POLICY
The Truslees liave Considered the level of reserves they wish to retain, appropriate lo the charity's needs. This is
based on the charity's size and the level of financial commilmenls held. The Trustees aim to ensure the charity will
be able to continue to fulfil its charitable objectives even if there is a temporary shoitfall in income or unexpected
expenditure. The Trustees will endeavour not to set aside funds unnecessarily.
16. PUBLIC BENEFIT
The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes 01 aims"
that are for the public benefit. Details of how the Charity has achieved this are pi'ovided in the Trustees, report.
The Trustees confim] that they have paid due regard to the Charity Commission guidance on public benefit before
deciding what activities the charity should undertake.
17. ANNUAL COMMITMENTS UNDER NON-CANCELLING OPERATING LEASES AND CAPITAL
COMMITMENTS
The anniial commitments under non-cancelling operating leases and capital commitments are as at 31 October
2024: None (31 October 2023: None).
20-