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← Fen Bank Greyhound Sanctuary

2025-10-31-accounts

Charity Registration Number: 1072443

FEN BANK GREYHOUND SANCTUARY TRUSTEES' REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Dexter & Sharpe Chartered Certified Accountants The Old Vicarage Church Close Boston Lincolnshire PE21 6NA

FEN BANK GREYHOUND SANCTUARY

CONTENTS

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Page
Charity Information I
Trustees’ Report 2-7
Independent Examiner’s Report 8
Statement ofFinancial Activities 9
Balance Sheet 10
NotestotheAccounts 11-20

FEN BANK GREYHOUND SANCTUARY

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CHARITY INFORMATION

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RE

Charity Number: 1072443 Working Names: F.B.G.S, Start of Financial Year: 1 November 2024 End of Financial Year: 31 October 2025 Trustees: Mr Ian Breacher (Chair of Trustees) Mr Paul Bryan Mr Graham Crick Mr Graham Fountain Mrs Sarah Martin Mr Stephen Martin Mrs Stella Pullum Mr Christopher Hannah (appointed 23.11.25) The existing trustees appoint any new trustees 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 them in such permanent homes as the trustees consider appropriate. Address: Farm House Fen Bank Friskney Lincolnshire Bank: HSBC 49 Lumley Road Skegness Lincolnshire PE25 3LW Independent examiner: Mrs Nicola Lenton FCCA Dexter and Sharpe Chartered Certified Accountants The Old Vicarage Church Close Boston Lincolnshire PE21 6NA

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FEN BANK GREYHOUND SANCTUARY

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| The 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 as a responsible Kennel Trustee and meeting minutes secretary. | One Trustee is designated as the vice-chair, public relations person and sanctuary house manager.

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ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2025 rc nts EE AA

Fen Bank Greyhound Sanctuary has had a very successful year, with the rehoming rate being higher than in previous years. In the year to 315 October 2025, 32 dogs were rehomed, with only two being returned in that period. Dogs have been rehomed as far away as Bedfordshire in that time.

We continue to raise our profile in the Lincolnshire area and there has been extremely good local support during the year.

STRUCTURE AND GOVERNANCE

The Charity is governed by the Trust Deed (1998).

The structure of the Charity consists of a Board of Trustees, legally responsible for all aspects of the Charity’s work, and for ensuring that the Charity’s property is maintained to high standards.

The board now has eight Trustees: Mrs Stella C Pullum, Mr Paul Bryan, Mr Graham Crick, Mr Ian Breacher, Mr Graham Fountain, Mrs Sally Martin, Mr Stephen Martin and Mr Christopher Hannah.

ORGANISATIONAL MANAGEMENT

One Trustee is designated as responsible for the two Charity shops.

One Trustee is designated as Chair, and responsible for the Charity Newsletter and Charity web page.

Fen Bank Greyhound Sanctuary has one full time paid kennel manager who has been with us for some years.

Supporting the manager, we also have eight part time, paid members of staff who work various hours. In total and including the kennel manager we generally have two members of staff on duty each day from 8am to 4pm.

In addition to the kennel staff we have a resident night attendant who lives on the premises and who checks the dogs each evening and is on hand in case of any incidents.

We have one full time paid shop manager who is supported by a team of unpaid volunteers.

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FEN BANK GREYHOUND SANCTUARY

: ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2025 CONTD..... eetltAI A

CONTROLS IN PLACE

CHARITABLE 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 permanent homes as the Trustees deem appropriate”.

AIMS AND IMPACT

Within the Objects the Charity seeks to provide the best possible service to the community, both in standards of kennelling : and in supporting prospective owners and their greyhounds before 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 Charity has national recognition for its standards of excellence; it is a member ofADCH (Association of Dog and Cat Homes).

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FEN BANK GREYHOUND SANCTUARY

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ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2025 CONTD.....

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PUBLIC BENEFIT

The Trustees confirm that they have referred to the guidance in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities.

OBJECTIVES FOR THE YEAR

STRATEGIES TO ACHIEVE THE YEAR’S OBJECTIVES

The volunteer base continues to expand 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 home 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 trained. Administrative and working practices continue to be reviewed, and procedures updated as a result.

PRINCIPALACTIVITIES OF THE YEAR

The number of dogs the sanctuary re-homed was 32, from November 2024 to October 2025, a number of whom went with other breeds. Two dogs were returned in total for various reasons. Vetting procedures are extremely stringent and it is a condition of re-homing that dogs that prove to be unwanted for whatever reason, must be returned to Fen Bank.

We did not 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. There is a waiting list in operation at all times. Referrals are taken from the Police, RSPCA, Dog Wardens, Greyhound owners and trainers. We always give priority to the dog in most need. A number of the strays taken in have proved impossible to trace to an original owner. Our two Charity shops continue to provide a focus of interest in the wider community and we have a number of dogs that have been re homed to shop customers. The shops also provide a much-needed income to the work of the Charity.

FEN BANK GREYHOUND SANCTUARY : ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2025 CONTD..... dp ras sh tt co tA A

VOLUNTEERS

We estimate that over the year, volunteers would have provided over two thirds of our work force. As of 31% October 2025, we had 16 regular volunteers at the kennels, 6 regular volunteers at our Alford shop and 5 at our Spilsby shop.

The Trustees and the Board would like to acknowledge publicly and gratefully the devotion and service given to the dogs by hands on carers, fundraisers, drivers, shop assistants, advisors, and other professional volunteers. We could not operate without them.

REVIEW OF ACHIEVEMENTS AND PERFORMANCE FOR THE YEAR

The main activity of the year has been maintenance and improvement of the site. Since the kennel block was rebuilt in the summer of 2024 our normal capacity has been increased to 20 dogs (up from the original 18 before the rebuild). The new building has meant it is easier for staff to care for and monitor the dogs throughout the day and heating and lighting usage has decreased due to being more efficient and sustainable.

Further accommodation is available when necessary in a small stable block at the rear of the sanctuary, but this is only used if we have to accommodate more than 20 dogs.

In previous years we have had problems with water drainage and disposal but the situation has also improved with new drains and a pump to move the water away from the site more easily and efficiently.

Work in the past year has included a new 60-metre dog proof boundary fence at the rear of our property to replace the old and badly deteriorating fence, and a new roof section over the runs at the front of the stables area to protect the dogs from the weather when they venture outside. Both of these projects were paid for by a very kind and unexpected legacy from a gentleman who we never had the chance of knowing.

Work has also progressed on a memorial garden in memory of adopted dogs that have since passed away.

FUNDRAISING

The charity held numerous events throughout the year including a Christmas Fayre and a Dog Show, which were very successful. We also had a presence at local shows, which was good for the publicity and promotion of Fen Bank and raised extra money, Events of the year also included several talks about greyhounds given by one of our 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 shops. Our fundraising venture of the 50/50 club continues successfully raising approximately £200 per month. Our new scheme of 'Give a car" is slowly increasing.

FINANCIALACTIVITIES

Standing orders are still a mainstay of our income and alongside the income from the Charity shops and the income from the fundraising,

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FEN BANK GREYHOUND SANCTUARY

ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2025 CONTD.....

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GOING CONCERN

The Trustees have every confidence that the Charity will meet its financial obligations when they become due.

RESERVES POLICY

The Charity continues to aim for 6 months running costs, the CCLA COIF account together with a bank deposit account provide an economic cushion.

The Trustees aim to be responsible for the good management of the Charity and should:-

The Trustees 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 prevention and detection of fraud and other irregularities.

The report was approved by the trustees on 15" February 2026 and signed on their behalf.

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Mr Ian Breacher Chair of Trustees.

FEN BANK GREYHOUND SANCTUARY

TREASURER’S REPORT FOR THE YEAR ENDED 31 OCTOBER 2025 pa et cmc tf DE A

Following the complete demolition and rebuilding of the kennel blocks in the previous financial year, 2024 -25 was a year of adjustment and settling down to new working practices. Largely this has been achieved but there are still a few issues with rainwater leaks to the new kennels which the builders keep attending to.

Income from both shops was very slightly down on the previous year, but hopefully recent reduced staffing arrangements will lead to an increase in the profits from the shops. Again, thanks go to the dedicated teams at both shops for all their efforts to continue raising funds to keep the charity functioning.

Over the year income, excluding legacies, was very slightly up by about 3% but general expenditure increased by about 10%. This was down to increased feeding and veterinary costs now that we have a full complement of dogs again after the kennel rebuilding and a 6.7% increase in the National Living Wage. Wages continue to be our largest item of expenditure accounting for 63% of our total expenditure.

Once again, we held our Christmas Fayre at the beginning of December and thankfully, the weather was kind to us again this year and our dog show was able to go ahead in September, both events raising much needed funds for the Sanctuary.

We continue to claim back the VAT we pay because we are a registered business, and claimed over £4,800 in Gift Aid for the tax year ending 5 April 2025, which was nearly £700 up on the previous year.

The 50-50 club our monthly lottery, continues to produce some income and at the end of the year was producing about £200 per month towards the Sanctuary’s funds.

Income from collection boxes and fundraising increased to almost £10,000. This increase was primarily due to the efforts of the kennel manager Mick Fern and one of the kennel assistants, Claire Stanton, who undertook the Welsh Three Peaks Challenge, climbing Mount Snowdon, Cadair Idris and Pen y Fan, all in one weekend in September. In so doing they raised about £4,500 for the Sanctuary. Very many thanks to both of them.

No Capital expenditure was incurred during the year.

The charity continues to operate two bank accounts. The Barclays account continues to be free, but the HSBC Bank 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 | account with Nationwide Building Society. | The accounts presented here will be Independently Examined by Messrs Dexter and Sharpe, Chartered Certified Accountants. | Subject to the above Independent Examination, 1 commend this report to the Trustees of Fen Bank Greyhound Sanctuary for acceptance. John L Forrest Treasurer

FEN BANK GREYHOUND SANCTUARY

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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF FEN BANK GREYHOUND SANCTUARY

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I report on the accounts of the Trust for the year ended 31 October 2025 which are set out on pages 9 to 20.

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’).

| report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

e accounting records were not kept in accordance with section 130 of the Act or

e the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

MRS NICOLA LENTON FCCA

Independent Examiner Dexter & Sharpe Chartered Certified Accountants The Old Vicarage Church Close Boston Lincolnshire PE21 6NA

15" February 2026

FEN BANK GREYHOUND SANCTUARY

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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2025

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Notes Unrestricted
Funds
£		 Restricted
Funds
£		 Designated
Funds
£		 Total
2025
£		 Total
2024
£
Incoming resources
Donations& Legacies
Investment Income
Charitable Activities
OtherIncome
OtherIncomingResources		 3a
3b
3c
3d
3e		 79,599
5,599
131,46]
5,495
703		 5,100
-
-
-
-		 -
4,928
-
-
-		 84,699
10,527
131,461
§,495
703		 91,128
13,500
114,232
4,937
9,597
TotalIncomingResources 222,857 5,100 4,928 232,885 233,394
Resources Expended
RaisingFunds
CostsofCharitable Activities		 4a
4b		 55,599
143,011		 -
-		 -
1,075		 55,599
144,086		 54,179
155,676
TotalResources Expended 198,610 - 1,075 199,685 209,855
NetIncomingResources
Transfers between funds		 24,247
(2,575)		 5,100
-		 3,853
2,575		 33,200
-		 23,539
-
NetMovement in Funds 21,672 5,100 6,428 33,200 23,539
Reconciliation ofFunds
Balancesbroughtforward		 496,192 - 144,287 640,479 616,940
Balancescarriedforward 517,864 5,100 150,715 673,679 640,479

All of the Charity’s operations are classed as continuing operations.

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The notes form part of these financial statements found, on pages 11 to 20.

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FEN BANK GREYHOUND SANCTUARY

AS AT 31 OCTOBER 2025

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BALANCE SHEET

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----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Unrestricted|Restricted|Total|Total| |Notes|Funds|Funds|2025|2024| |£|£|£|£| |Fixed|Assets| |Tangible Assets|2|305,835|-|305,835|311,443| |Investment|Assets|7|-|-|-|-| |305,835|-|305,835|311,443| |Current|Assets| |Debtors & Prepayments|8|1,356|-|1,356|5,157| |Cash|at bank and in hand|9|364,248|5,100|369,348|325,460| |Total Current Assets|365,604|5,100|370,704|330,617| |Creditors:|due within one year|10|2,860|-|2,860|1,581| |NET CURRENT ASSETS|362,744|5,100|367,844|329,036| |TOTAL ASSETS less current liabilities|668,579|5,100|673,679|640,479| |Creditors:|due in more than one year|11|-|-|-|-| |NET ASSETS|668,579|5,100|673,679|640,479| |FUNDS OF THE CHARITY| |General Funds|517,864|-|517,864|496,192| |Restricted Funds|5|-|5,100|5,100|-| |Designated Funds|6|150,715|-|150,715|144,287| |TOTAL FUNDS|668,579|5,100|673,679|640,479|

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Approved for and on behalf of the charity on 15" February 2026.

Mr Jan Breacher Chair of Trustees

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FEN BANK GREYHOUND SANCTUARY , NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

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1. ACCOUNTING POLICIES

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year.

Basis of preparation The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities, preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) — (Charities SORP — FRS102) and the Charities Act 2011.

The 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 accounts is on a going concern basis. The trustees consider that there are no material uncertainties about 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:

Incoming Resources with Related Expenditure Where incoming resources have related expenditure (as with fundraising or contact income) the incoming resources and related expenditure are reported gross in the SOFA.

Grants and Donations Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

| Tax Reclaims on Donations and Gifts Incoming resources from tax reclaims 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 once the related goods or services have been delivered.

Gifts in Kind Gifts in kind are accounted for at a reasonable estimate oftheir value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as income receivable.

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FEN BANK GREYHOUND SANCTUARY

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

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1. ACCOUNTING POLICIES continued

Volunteer Help The value of any voluntary help received is not included in the accounts and is described in the Report of the Trustees.

Donated Services and Facilities These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the 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 investments 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 obligation committing the charity to pay out resources.

Governance Costs Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advice to trustees on governance or 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 the resources, e.g. allocating property costs by floor areas, or per capita, staff costs by the 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. Other investment assets are included at trustees’ best estimate of market value.

Pensions Pension contributions are charges to the Statement of Financial Activities as they become payable.

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FEN BANK GREYHOUND SANCTUARY

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

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  1. ACCOUNTING POLICIES continued Fund Accounting Funds held by the charity are either:

  2. e Unrestricted funds These are funds which can be used in accordance with the charity’s objectives, at the discretion ofthe trustees.

  3. ® Restricted funds These are funds that can only be used for particular restricted purposes within the objects of the charity.

  4. ° Endowment funds These funds are funds set aside by the trustees out of unrestricted general funds for specific purposes or projects.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Fixed Assets These are capitalised if they can be used for more than one year, and cost at least £500. They are value at cost or, if gifted, at the value to the charity on receipt.

Depreciation Expense Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a straight line basis over their estimated useful lives. The rates applied per annum are as follows:

KennelBlock
Motor Vehicles		 2.5%
25%
Fixtures andFittings
Equipment		 10%
25%

There have been no changes to the accounting policies (variation rules and methods of accounting) since last year.

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FEN BANK GREYHOUND SANCTUARY

: NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

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2. TANGIBLE FIXED ASSETS

Unrestricted Unrestricted Designated
Fixtures
Freehold
Property
£		 Equipment
£		 Kennel
Block
£		 &
Fittings
£		 Motor
Building
Vehicles
Fund
£
£		 Total
£
Cost
At 1 November2024		 160,952 3,399 154,369 19,887 20,390 - 358,997
Additions
Disposals		 -
-		 -
-		 -
-		 -
-		 -
-		 -
-		 -
-
At31 October 2025 160,952 3,399 154,369 19,887 20,390 - 358,997
Accumulated Depn
At 1 November2024
Charge fortheyear		 -
-		 1,727
418		 16,536
3,446		 13,201
669		 16,090
1,075		 -
-		 47,554
5,608
Eliminated on
Disposal - - - - - - -
At31 October 2025 - 2,145 19,982 13,870 17,165 - 53,162
Net Book Value
At31 October2025		 160,952 1,254 134,387 6,017 3,225 - 305,835
At31October2024 160,952 1,672 137,833 6,686 4,300 -

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FEN BANK GREYHOUND SANCTUARY

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

----- Start of picture text -----
3. INCOMING RESOURCES
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3.
INCOMING RESOURCES
Notes Unrestricted
Funds
£		 Restricted
Funds
£		 Designated
Funds
£		 Total
2025
£		 Total
2024
£
a) Donations & Legacies
AdoptionDonations
TrainerDonations
General Donations
GrantsandLegacies
GiftAid		 5,720
12,415
28,116
28,535
4,813		 -
-
-
5,100
-		 -
-
-
-
-		 5,720
12,415
28,116
33,635
4,813		 3,560
8,490
45,783
33,295
-
79,599 5,100 - 84,699 91,128
b) InvestmentIncome
InterestReceived		 5,599 ~ 4,928 10,527 13,500
5,599 - 4,928 10,527 13,500
c) Trading Activities
ShopIncomeAlford
ShopIncome Spilsby
Online Sales
Merchandise
FlatRentalIncome
FlatUtilities
Fundraising
CollectionBoxes
SponsorDog
SolarPVF.L.T
GreyhoundFriendsSubs		 48,731
51,652
4,010
7,257
6,000
1,529
7,851
2,094
904
1,008
425		 -
-
-
-
-
-
-
-
-
-
-		 -
-
-
-
-
-
-
-
-
-
-		 48,731
51,652
4,010
7,257
6,000
1,529
7,851
2,094
904
1,008
425		 49,210
50,626
-
1,622
3,950
1,039
3,544
2,172
850
874
345
131,461 - - 131,461 «*1214,232
d)CharitableActivities
PetPlanCommission/Re-homing
50:50 Club		 559
4,936		 -
-		 -
-		 559
4,936		 453
4,484
5,495 - - 5,495 4,937
e) Other Incoming Resources
Wayleaves
TransferCharge
Miscellaneous		 58
620
25		 -
-
-		 -
-
-		 58
620
25		 -
420
9,177
703 - - 703 9,597

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FEN BANK GREYHOUND SANCTUARY

. NOTESTOTHE FINANCIAL STATEMENTS NOTESTOTHE FINANCIAL STATEMENTS NOTESTOTHE FINANCIAL STATEMENTS NOTESTOTHE FINANCIAL STATEMENTS
FORTHEYEARENDED 31 OCTOBER 2025
eee
tec tmnt
Et
4,
RESOURCES EXPENDED
Unrestricted Restricted Designated Total Total
Notes Funds
£		 Funds
£		 Funds
£		 2025
£		 2024
£
a) Raising Funds
Advertising/Fundraising (Indirect)
Merchandise
Banking fees
Ebay Commission		 252
3,456
177
74		 -
-
-
-		 -
-
-
-		 252
3,456
177
74		 148
1,988
196
-
Shops Expenditure:
StaffCosts		 12 31,202 - - 31,202 32,752
Rates
Rents
Maintenance
Miscellaneous
Utilities
Insurance		 691
14,400
459
24
3,084
418		 -
-
-
-
-
-		 -
-
-
-
-
-		 691
14,400
459
24
3,084
418		 330
14,400
951
2,528
886
-
Waste collection 823 - - 823 -
Card fees 539 - - 539 -
55,599 - - 55,599 54,179
b) Charitable Activities
Direct Expenses:
VetExpenses
DogFood
DogEquipment
DogBedding
DogMedical Supplies
Kennel Equipment
Kennel Miscellaneous		 8,883
6,076
150
-
575
152
15]		 -
-
-
-
-
-
-		 -
-
-
-
-
-
-		 8,883
6,076
150
-
575
152
151		 4,448
5,925
-
37
370
241
165
Kennel Maintenance 1,147 - - 1,147 2,524
Kennel CesspitMaintenance
RodentControl		 1,080
1,203		 ~
-		 -
-		 1,080
1,203		 510
1,189
Insurance 1,933 - - 1,933 -
Subscriptions 124 - - 124 -
Indirect Expenses:
Kennel
50:50 Club		 7193
2,339		 -
-		 -
-		 793
2,339		 5,253
2,194
Depreciation Expense
Fuel
Maintenance andRenewals		 2 4,533
851
723		 -
-
-		 1,075
-
-		 5,608
851
723		 6,269
24
5,654
Office Services 5,086 - - 5,086 4,893
Petty Cash
Photocopier
Refuse Collection
StaffCosts
Subscriptions
Telephone
Utilities
Rates
Vehicle Costs		 12 648
2,459
228
94,906
175
613
5,158
918
1,089		 -
-
-
-
-
-
-
-
-		 -
-
-
-
-
-
-
-
-		 648
2,459
228
94,906
175
613
5,158
918
1,089		 623
351
128
83,104
170
596
2,010
-
1,799
Work Clothing
Losson Sale ofAssets		 78
-		 -
-		 -
-		 78
-		 49
26,290
Governance Costs:
IndependentExaminer Fee 940 - - 940 860
143,011 - 1,075 144,086 155,676

FEN BANK GREYHOUND SANCTUARY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 eriEC TA A 5. RESTRICTED FUNDS

Balance Balance
1/11/24 Income Expenditure Transfer 31/10/25
£ £ £ £ £
Restricted Funds - 5,100 - - 5,100
- 5,100 - - 5,100

The Charity received £5,100 of legacy monies in the year which is to be used for specific projects and so the funds will pay for the improvement/refurbishment of the Memorial Garden and Rob’s Lounge. The Memorial Garden refurbishment will include a large mural costing £500. No expenditure for these projects has occurred in the year and so the full balance of £5,100 will be carried into next year.

The Charity held no Restricted Funds in the previous financial period.

  1. DESIGNATED FUNDS

Current Financial Year

Balance
1/11/24
£		 Income
£		 Expenditure
£		 Unrealised
Gain/Loss
£		 Transfer
£		 Balance
31/10/25
£
BuildingFund
EmergencyReserve Fund
Vehicle Fund		 -
111,397
32,890		 -
4,928
-		 -
-
(1,075)		 -
-
-		 1,000
-
1,575		 1,000
116,325
33,390
144,287 4,928 (1,075) - 2,575 150,715
Previous Financial Year
Balance
1/11/23
£		 Income
£		 Expenditure
£		 Unrealised
Gain/Loss
£		 Transfer
£		 Balance
31/10/24
£
BuildingFund
Emergency Reserve Fund
Vehicle Fund		 74,295
105,890
23,390		 -
5,507
-		 .
-
(1,434)		 -
-
-		 (74,295)
-
10,934		 -
111,397
32,890
203,575 5,507 (1,434) - (63,361) 144,287

| There is a designated Vehicle Fund for the purposes of replacing the van. This van has an estimated life of 4 years | and depreciation of £1,075 is shown transferred from unrestricted funds. The closing balance of the vehicle fund | (£33,390) represents the cost of the old van £20,390 and a cash balance of £13,000.

The balance on the COIF account has been designated to the Emergency Reserve Fund.

  1. INVESTMENTS

The Charity held no investment assets during this or the previous financial period.

FEN BANK GREYHOUND SANCTUARY

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

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8. DEBTORS AND PREPAYMENTS

Unrestricted
Funds		 Restricted
Funds		 Designated
Funds		 Total
2025		 Total
2024
£ £ £ £ £
VAT 994 - - 994 5,157
Prepayments 362 - - 362 -
1,356 - - 1,356 5,157
CASH ATBANKAND IN HAND
Unrestricted
Funds		 Restricted
Funds		 Designated
Funds		 Total
2025		 Total
2024
£ £ £ £ £
HSBC 146 5,100 - 5,246 3,837
Nationwide
Nationwide Deposit
Barclays
HSBCDeposit
COIF		 -
151,200
6,915
53,249
-		 -
-
-
-
-		 -
34,390
-
-
116,325		 -
185,590
6,915
53,249
116,325		 -
140,998
6,598
62,241
111,397
Paypal
Cash		 389
1,634		 -
-		 -
-		 389
1,634		 389
-
213,533 5,100 150,715 369,348 325,460

)

9, CASH AT BANK AND IN HAND

  1. CREDITORS AND ACCRUALS AMOUNTS FALLING DUE WITHIN ONE YEAR
Unrestricted
Funds		 Restricted
Funds		 Designated
Funds		 Total
2025		 Total
2024
£ £ £ £ £
IndependentExaminer’sFee
Office Services		 940
673		 -
-		 -
.		 940
673		 860
72)
Accruals
Social security		 320
927		 -
-		 -
-		 320
927		 -
-
en
2,860		 ee
-		 oe
-		 ———
2,860		 ee
1,581
  1. CREDITORS AND ACCRUALS AMOUNTS FALLING DUE IN MORE THAN ONE YEAR

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The Charity held no long term liabilities during this or the previous financial period.

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-18-

FEN BANK GREYHOUND SANCTUARY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

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12. STAFF COSTSANDNUMBERS Total
2025		 Total
2024
£ £
GrossWages& Salaries
Social SecurityCosts
Pensionemployer contributions		 124,334
-
1,774		 103,978
9,231
2,647
126,108 115,856

Average number of employees who were engaged in each of the following activities:

Total
2025		 Total
2024
Activities infurtherance oforganisations objects 11 7
11 7

The Charity operates a PAYE scheme to pay all employed members of staff and no employees received emoluments in excess of £60,000. (2024: None).

The Charity on average employs 3 full-time staff including a kennel manager, 1 shop manager and | resident night attendant, and 8 part-time staff, all who are involved with the welfare of the greyhounds.

13. TRUSTEES AND OTHER RELATED PARTIES

No payments were made to trustees or to any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person in connection with them. (2024: 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 annual review of the controls of the key financial statements carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.

FEN BANK GREYHOUND SANCTUARY

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

15. RESERVES POLICY

The Trustees have considered the level of reserves they wish to retain, appropriate to the charity’s needs. This is based on the charity’s size and the level of financial commitments held. The Trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall 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 or “aims” that are for the public benefit. Details of how the Charity has achieved this are provided in the Trustees’ report. The Trustees confirm 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 annual commitments under non-cancelling operating leases and capital commitments are as at 31 October 2025: None (31 October 2024: None).