## **LABRADOR LIFELINE TRUST** Tel: 01256 884027 e.mail: info@labradorlifeline.com www.labrador-lifeline.com Office: 6 Tottenham Close Bramley Tadley Hampshire RG26 5NW ## ANNUAL REPORT 2023-24 Yet another busy year for the Trust with an increase in dogs being relinquished post pandemic. So many puppies purchased during this time are now finding themselves spending long hours at home on their own as many owners have had to return to work. This has had a detrimental effect on the dogs concerned and more and more of them are coming to us with serious behavioural issues. These all take time and are expensive to rehabilitate for rehoming. We have also seen a dramatic increase in young dogs aged 12 - 18 months being placed with us having been bought by families with children with learning difficulties. The power of the media came into play and a programme on tv showing the benefits of dogs placed with children with autism gave a false impression to some parents. Puppies were purchased and in many cases the children concerned were frightened of them and reacted accordingly. Some of these young dogs were extremely traumatised and the Trust have incurred a great deal of expense and time rehabilitating them in order to get them into good homes. There has been a significant rise in dogs requiring rehoming through the death of the owner and where no provision had been made for their future. Very often these are elderly dogs with medical problems and the Trust continue to support these dogs in their new homes. Often these dogs are placed with the more mature owner who has perhaps lost a dog and misses the companionship. We have been able to not only enrich the life of the dog but also that of the new owner. We have continued to support those dogs with pre-existing conditions and also several dogs that are now able to stay with their owner rather than being placed into rescue. We are indebted to our veterinary staff up and down the country who support us in our work. Our veterinary fees now exceed £60,000 per annum and these are paid through the generosity of our supporters and by legacies. All the donations we receive, other than fees for adoption, are used solely for the benefit of our dogs and none is used for administrative purposes. Our expenses for admin is all paid by way of rehoming fees. This year saw a new Trustee to the board, Richard Crane. Richard has been associated with Labrador Rescue for over 20 years and brings a wealth of experience to the Trust. 2024 also sees the role of President being taken over by Lady Elizabeth Graydon DL. Lady Graydon has had a long association with the Trust as a Patron and is a great supporter of our work, especially in the Lincolnshire area. The areas of Buckinghamshire, Bedfordshire, part Northamptonshire, Hertfordshire, part Cambridgeshire and NW London have now joined us with Jacky Garvey and Barbara Wilkinson taking the helm as Area Coordinators and joining the rest of the team. This allows us to assist many more dogs within the areas we now cover. The Trust remains in a healthy financial state and is in a position to help any dog that requires our assistance. We have been fortunate enough to receive two legacies which has enabled it to continue its work and provide assistance to a high standard. We anticipate that the demand for our services will continue to increase as the financial climate rises and paces dog owners under great pressure. Karen Walsh - Chair of Trustees April 2024 Patrons: Air Chief Marshal Sir Richard Johns GCB. KCVO.CBE Lady Elizabeth Graydon DL. Ian F. Ratcliffe Registered Charity No: 1076061 Registered number 1076061 The Labrador Lifeline Trust Report and Accounts 31 December 2023 The Labrador Lifeline Trust Genoral Informatlon Year Ended 31 December 2023 Registered charlty number 1076061 Trustees Karen Walsh (Chalmian) Anne Carter (Deputy Chairman) Mavis Pritchard {Treasurer} Joan Falvey Nicky Clark Nicola Boyer Alma Baker Rlchard Crane Prlnclpal office The Oaks 6 Tottenham Close Bramley Tadley Hampshire RG26 5NW Adminislrator Anne Carter The Oaks 6 Tottenham Close Bramley Tadley Hampshire RG26 5NW Bankers CAF Bank 25 Kings Hlll Avenue Klngs Hlll Wesl Malllng Kent ME19 4JQ Independent Examlner Ruth Pennlngton FCCA PBA Accountants Ramsbury House Charnham Lane Hunoerford RG17 OEY The Labrador Lifellne Trust Statement of Financial Activities Year Ended 31 December 2023 2023 2022 Unrestricted funds Incomlng resources Voluntary income Activities for generating funds Investment income 58,315 27,487 1,873 32.254 29,954 351 Totsl incomlng resourc98 87.675 62,559 Rosour¢os expendod Costs of generating voluntsry income Fundraising tradlng costs Charltable activities Donations 15,323 6,952 64,859 16,112 9,621 78,532 Total resources exponded 87,135 104,265 Net Incomel{expendlturo) from resources 540 (41,706) Total fund3 brought forward 48,130 89,836 Totsl funds carrled forward 48,670 48,130 The Labrador Lifeline Trust Balance Sheet As at 31 December 2023 2023 2022 Unrestrlcted funds Tanglble fixod assets 250 3,540 Total flxad assets 250 Current assets Stock Recoverable gift aid Cash at bank Sundry debtor Cash on deposit Cash on guaranteed reserve a¢￿Unt 1.378 5,571 1,727 1,776 2,305 1,659 129,943 108,023 21,389 Total current a88ets 138,618 135,152 Crodltors: amounts falling due In one year 1,906 2,271 N•t current assets 138,712 132,881 TOTAL NET ASSETS 136,961 136,421 Funds of tho charlty Unr•8trlGted fund 136,961 138,421 Total funds 136,961 136,421 The above accounts and accompanying notes were approved by the Trustees on 2024 and signed on their behalf by A Carter. The Labrador Llfeline Trust Year Ended 31 December 2023 Notes to the accounts Baslc Preparation 1.1 Basls of accountlng These accounts have been prepared on the basis of historic cost in accordance with: - Accounting and Reporting by Charities- Statement of Recommended Practice {SORP 2016)., Financial Reporling Standards 102 Section 1A,. The Charities Act 2011. 1.2 Change in the basis of accountlng There has been no change to the accounting policies slnce last year. 1.3 Changes to previous accounts No changes have been made to accounts for previous years. Accountlng Pollc188 2.1 Incomlng resources Incoming resources are Included In the Statement of Flnanclal Actlvitles (SOFA) when.. the charlty becomes entitled to the resources the trustees are virtually certain that they will receive the resources,. and the monetary value can be measured wilh sufficient reli8blllty. 2.2 Incoming rosources wllh ralatad expenditure Incoming resources with related expenditure are reported gross In the SOFA. 2.3 Grants and donatlons Grants and donatlons are only Included in the SOFA when the charity has unconditional entitlement to the resources. 2.4 Glft Ald Incoming resources from tax reclalms are included In the SOFA when the donation is recelved. 2.5 Glfts In k5nd Glfts In klnd are accounted for at a reasonable estlmate of thelr value to the charlty or the amounl actually reallsed. 2.6 Donaled servlces and facllltlos These are only Included in incoming resources at an estimated value to the charlty where the benefit is reasonably quanlSflable, measurable and materlal. 2.7 Volunteer help The value of any voluntary help received Is not Included In the accounts. 2.8 Investment Income This is included In the accounts when receivable. 2.9 Expendlluro and Ilablllties Liabilities are recognis&d as soon as there is a legal or constructive obligation commlttlng the charity to pay out resources. 2.10 Tanglbla flxad aBB•t2 These are capltslls8d If they can be used for more than one year, They are valued at cost or, if gifted, at Ihe value to Ihe chartty on receipt. Depre¢latlon Is provided at the following rates in order to wrfte off each asset over Its estimated useful Ilfe. Plant and Equipment Leasehold improvements 2.11 Stock Stock is valued at the lower of cost or market value. 50/0 per anum 10/0 per anum The Labrador Lifeline Trust Year Ended 31 December 2023 Notes to tho accounts 2023 2022 Analysls of Incoming resources Voluntary income Dog donations Friends of trust donations - Tax reclaims on donations 49,570 2,015 6.730 27,673 1,090 3,491 Total 58,315 32,254 Activitles for generating funds Charitable trading Events etc Insurance commission 13,730 11,663 2,094 12,192 15,734 2,028 Total 27,487 29,954 Invostmont Income Interesl receivable 1,873 351 Total 1,873 351 Analysls of resources oxpendod Costs of generatlng voluntsry Income - Computer costs Postage and t81ephone Printing and slationery Repalrs and renewals - Accountancy Legal fees - Sundry expenses Depreciation - Bank charges 3,084 3,967 3,667 365 682 4,558 4,331 3,257 110 676 465 2,912 181 54 2,912 215 Totsl 15,323 16,113 Fundralslng trading costs Trading stock Events and publlclty 193 6,759 772 8,849 T¢)tsl 6.952 9,621 Charltable actlvltl•s Veterlnary fees and treatment costs Fostering fees - Transport Insurance Staff training - Gifts and grants 50,123 8,711 4,225 1.591 49,115 16,693 3,008 1,797 209 7.920 Total 64,859 78,533 The Labrador Llfellne Trust Year Ended 31 December 2023 Notes lo the accounts Leasehold Improvment Plant and Equipment 2023 2022 Tangible fixed assets Traller and equipment Asset cost or valuatlon Balance brought forward Additions Disposals 28.768 8,266 37,034 37,034 Balance carried forward 28,768 8,268 37,034 37,034 Accumulated depreclatlon Balance brought forward Charge for penod Revers&d 25,643 2,877 7,851 413 33,494 3,290 27,670 2,912 Balance carriad forward 28,520 8,264 36.784 30,582 Net book value Brought forward Carrled forward 3,125 248 415 3,540 250 9,364 6,452 Cash on d•po8lt CAF bank deposit Scottsh Widows - 90 day notlce 57,354 72,589 36,077 71,946 129,943 108,023 Shawbrook Bank (2019: Prln¢lpallty Bulldlng Soclety) CAF 1 year fixed term bond Maluring 5 July 2023 21,293 Credltors and accruals Amount• f•lllrtg du• within ?n• y•ar Bank overdraft Sundry creditors 1,906 2,271 1.906 2,271 Movement of major funds Unrestrlcted funds Balance brought fO￿ard Incoming resources Outgoing resources 136,421 178,127 87,675 62,559 {87,135) (104,265) Balance carried forward 136,961 136.421 136,961 136.421 Independont Examrnor's Report to the Trustoos of The Labrador Lifeline Trust I report on the accounts of the Labrador Lifeline Trust for the year ended 31 December 2023 which are set out on the preceding pages. Responslbllltles and basis of report As the charity trustees of the Trust you are responslble for the preparation of the accounts In accordance with the requirements of the Charities Act 2011 ('the Act,). You are satisfied thal an audit is not required for this year under charity law and that an independent examinalion is needed. I report in respect of my examinatlon of the Trust's accounts carried out under section 145 of the 2011 A and in Carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{5Mb) of the Act. An independenl examination does not involve galherlng all the evldence that would be required in an audlt and consequently does not cover all the malters that an auditor considers In giving thelr opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an Independent examination can provide. Consequently, l express no oplnlon as to whether th8 accounts present a 'true and fair, view and my report Is Ilmited to those speclfic matters set out in the independent examlner's statement. Independent examiner's 8tatoment l am quallfied to undertake the examination by being a qualified member of the Assoclatlon of Chartered Certified Accountants. I have completed my examlnatlon. I confirm that no material matters have come to my attentlon in connectlon wlth the examlnallon glvSng me cause to belleve that In any materlal respect.. 1. accountlng records were not kept In respect of the Trust as requlred by sectlon 130 of the Act,. or 2. the accounts do not accord wlth those records. I have no concern5 and have come across no matters In connectlon with the examlnatlon to whlch attentlon should be drawn In this report in order to enable a proper understsnding of the accounts to be reached. Ruth Pennlngton FCCA PBA Accountants Ramsbury House Chamham Lane Hungerford RG17 OEY Dated /5 mg Registered number 1076061 The Labrador Lifeline Trust Report and Accounts 31 December 2023 The Labrador Lifeline Trust Genoral Informatlon Year Ended 31 December 2023 Registered charlty number 1076061 Trustees Karen Walsh (Chalmian) Anne Carter (Deputy Chairman) Mavis Pritchard {Treasurer} Joan Falvey Nicky Clark Nicola Boyer Alma Baker Rlchard Crane Prlnclpal office The Oaks 6 Tottenham Close Bramley Tadley Hampshire RG26 5NW Adminislrator Anne Carter The Oaks 6 Tottenham Close Bramley Tadley Hampshire RG26 5NW Bankers CAF Bank 25 Kings Hlll Avenue Klngs Hlll Wesl Malllng Kent ME19 4JQ Independent Examlner Ruth Pennlngton FCCA PBA Accountants Ramsbury House Charnham Lane Hunoerford RG17 OEY The Labrador Lifellne Trust Statement of Financial Activities Year Ended 31 December 2023 2023 2022 Unrestricted funds Incomlng resources Voluntary income Activities for generating funds Investment income 58,315 27,487 1,873 32.254 29,954 351 Totsl incomlng resourc98 87.675 62,559 Rosour¢os expendod Costs of generating voluntsry income Fundraising tradlng costs Charltable activities Donations 15,323 6,952 64,859 16,112 9,621 78,532 Total resources exponded 87,135 104,265 Net Incomel{expendlturo) from resources 540 (41,706) Total fund3 brought forward 48,130 89,836 Totsl funds carrled forward 48,670 48,130 The Labrador Lifeline Trust Balance Sheet As at 31 December 2023 2023 2022 Unrestrlcted funds Tanglble fixod assets 250 3,540 Total flxad assets 250 Current assets Stock Recoverable gift aid Cash at bank Sundry debtor Cash on deposit Cash on guaranteed reserve a¢￿Unt 1.378 5,571 1,727 1,776 2,305 1,659 129,943 108,023 21,389 Total current a88ets 138,618 135,152 Crodltors: amounts falling due In one year 1,906 2,271 N•t current assets 138,712 132,881 TOTAL NET ASSETS 136,961 136,421 Funds of tho charlty Unr•8trlGted fund 136,961 138,421 Total funds 136,961 136,421 The above accounts and accompanying notes were approved by the Trustees on 2024 and signed on their behalf by A Carter. The Labrador Llfeline Trust Year Ended 31 December 2023 Notes to the accounts Baslc Preparation 1.1 Basls of accountlng These accounts have been prepared on the basis of historic cost in accordance with: - Accounting and Reporting by Charities- Statement of Recommended Practice {SORP 2016)., Financial Reporling Standards 102 Section 1A,. The Charities Act 2011. 1.2 Change in the basis of accountlng There has been no change to the accounting policies slnce last year. 1.3 Changes to previous accounts No changes have been made to accounts for previous years. Accountlng Pollc188 2.1 Incomlng resources Incoming resources are Included In the Statement of Flnanclal Actlvitles (SOFA) when.. the charlty becomes entitled to the resources the trustees are virtually certain that they will receive the resources,. and the monetary value can be measured wilh sufficient reli8blllty. 2.2 Incoming rosources wllh ralatad expenditure Incoming resources with related expenditure are reported gross In the SOFA. 2.3 Grants and donatlons Grants and donatlons are only Included in the SOFA when the charity has unconditional entitlement to the resources. 2.4 Glft Ald Incoming resources from tax reclalms are included In the SOFA when the donation is recelved. 2.5 Glfts In k5nd Glfts In klnd are accounted for at a reasonable estlmate of thelr value to the charlty or the amounl actually reallsed. 2.6 Donaled servlces and facllltlos These are only Included in incoming resources at an estimated value to the charlty where the benefit is reasonably quanlSflable, measurable and materlal. 2.7 Volunteer help The value of any voluntary help received Is not Included In the accounts. 2.8 Investment Income This is included In the accounts when receivable. 2.9 Expendlluro and Ilablllties Liabilities are recognis&d as soon as there is a legal or constructive obligation commlttlng the charity to pay out resources. 2.10 Tanglbla flxad aBB•t2 These are capltslls8d If they can be used for more than one year, They are valued at cost or, if gifted, at Ihe value to Ihe chartty on receipt. Depre¢latlon Is provided at the following rates in order to wrfte off each asset over Its estimated useful Ilfe. Plant and Equipment Leasehold improvements 2.11 Stock Stock is valued at the lower of cost or market value. 50/0 per anum 10/0 per anum The Labrador Lifeline Trust Year Ended 31 December 2023 Notes to tho accounts 2023 2022 Analysls of Incoming resources Voluntary income Dog donations Friends of trust donations - Tax reclaims on donations 49,570 2,015 6.730 27,673 1,090 3,491 Total 58,315 32,254 Activitles for generating funds Charitable trading Events etc Insurance commission 13,730 11,663 2,094 12,192 15,734 2,028 Total 27,487 29,954 Invostmont Income Interesl receivable 1,873 351 Total 1,873 351 Analysls of resources oxpendod Costs of generatlng voluntsry Income - Computer costs Postage and t81ephone Printing and slationery Repalrs and renewals - Accountancy Legal fees - Sundry expenses Depreciation - Bank charges 3,084 3,967 3,667 365 682 4,558 4,331 3,257 110 676 465 2,912 181 54 2,912 215 Totsl 15,323 16,113 Fundralslng trading costs Trading stock Events and publlclty 193 6,759 772 8,849 T¢)tsl 6.952 9,621 Charltable actlvltl•s Veterlnary fees and treatment costs Fostering fees - Transport Insurance Staff training - Gifts and grants 50,123 8,711 4,225 1.591 49,115 16,693 3,008 1,797 209 7.920 Total 64,859 78,533 The Labrador Llfellne Trust Year Ended 31 December 2023 Notes lo the accounts Leasehold Improvment Plant and Equipment 2023 2022 Tangible fixed assets Traller and equipment Asset cost or valuatlon Balance brought forward Additions Disposals 28.768 8,266 37,034 37,034 Balance carried forward 28,768 8,268 37,034 37,034 Accumulated depreclatlon Balance brought forward Charge for penod Revers&d 25,643 2,877 7,851 413 33,494 3,290 27,670 2,912 Balance carriad forward 28,520 8,264 36.784 30,582 Net book value Brought forward Carrled forward 3,125 248 415 3,540 250 9,364 6,452 Cash on d•po8lt CAF bank deposit Scottsh Widows - 90 day notlce 57,354 72,589 36,077 71,946 129,943 108,023 Shawbrook Bank (2019: Prln¢lpallty Bulldlng Soclety) CAF 1 year fixed term bond Maluring 5 July 2023 21,293 Credltors and accruals Amount• f•lllrtg du• within ?n• y•ar Bank overdraft Sundry creditors 1,906 2,271 1.906 2,271 Movement of major funds Unrestrlcted funds Balance brought fO￿ard Incoming resources Outgoing resources 136,421 178,127 87,675 62,559 {87,135) (104,265) Balance carried forward 136,961 136.421 136,961 136.421 Independont Examrnor's Report to the Trustoos of The Labrador Lifeline Trust I report on the accounts of the Labrador Lifeline Trust for the year ended 31 December 2023 which are set out on the preceding pages. Responslbllltles and basis of report As the charity trustees of the Trust you are responslble for the preparation of the accounts In accordance with the requirements of the Charities Act 2011 ('the Act,). You are satisfied thal an audit is not required for this year under charity law and that an independent examinalion is needed. I report in respect of my examinatlon of the Trust's accounts carried out under section 145 of the 2011 A and in Carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{5Mb) of the Act. An independenl examination does not involve galherlng all the evldence that would be required in an audlt and consequently does not cover all the malters that an auditor considers In giving thelr opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an Independent examination can provide. Consequently, l express no oplnlon as to whether th8 accounts present a 'true and fair, view and my report Is Ilmited to those speclfic matters set out in the independent examlner's statement. Independent examiner's 8tatoment l am quallfied to undertake the examination by being a qualified member of the Assoclatlon of Chartered Certified Accountants. I have completed my examlnatlon. I confirm that no material matters have come to my attentlon in connectlon wlth the examlnallon glvSng me cause to belleve that In any materlal respect.. 1. accountlng records were not kept In respect of the Trust as requlred by sectlon 130 of the Act,. or 2. the accounts do not accord wlth those records. I have no concern5 and have come across no matters In connectlon with the examlnatlon to whlch attentlon should be drawn In this report in order to enable a proper understsnding of the accounts to be reached. Ruth Pennlngton FCCA PBA Accountants Ramsbury House Chamham Lane Hungerford RG17 OEY Dated /5 mg