2024-12-31-accounts

LABRADOR LIFELINE TRUST

Tel: [phone] e.mail: [e-mail] 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 2024

The Labrador Lifeline Trust

1

General Information Year Ended 31 December 2024

Registered charity number	1076061
Trustees	Karen Walsh (Chairman)
	Anne Carter (Deputy Chairman)
	Mavis Pritchard (Treasurer)
	Joan Falvey
	Nicky Clark
	Nicola Boyer
	Alma Baker
	Richard Crane
Principal office	The Oaks
	6 Tottenham Close
	Bramley
	Tadley
	Hampshire
	RG26 5NW
Administrator	Anne Carter
	The Oaks
	6 Tottenham Close
	Bramley
	Tadley
	Hampshire
	RG26 5NW
Bankers	CAF Bank
	25 Kings Hill Avenue
	Kings Hill
	West Malling
	Kent
	ME19 4JQ
Independent Examiner	Ruth Pennington FCCA
	PBA Accountants
	Ramsbury House
	Charnham Lane
	Hungerford
	RG17 0EY

The Labrador Lifeline Trust

2

Statement of Financial Activities Year Ended 31 December 2024

		2024	2023
		Unrestricted funds
Incoming resources	3
Voluntary income		25,298	58,315
Activities for generating funds		36,632	27,487
Investment income		2,287	1,873
Total incoming resources		64,217	87,675
Resources expended	4
Costs of generating voluntary income		13,797	15,324
Fundraising trading costs		8,846	6,952
Charitable activities		58,692	64,859
Donations		-	-
Total resources expended		81,335	87,135
Net income/(expenditure) from resources		(17,119)	540
Total funds brought forward		48,670	48,130
Total funds carried forward		31,552	48,670

The Labrador Lifeline Trust

3

Balance Sheet As at 31 December 2023

		2023	2023
		Unrestricted funds
Tangible fixed assets	5	1,455	250
Total fixed assets		1,455	250
Current assets
Stock		3,156	1,378
Recoverable gift aid		2,243	5,571
Cash at bank		2,164	1,727
Sundry debtor			-
Cash on deposit	6	113,426	129,943
Cash on guaranteed reserve account	7		-
Total current assets		120,989	138,618
Creditors: amounts falling due in one year	8	2,602	1,906
Net current assets		118,387	136,712
TOTAL NET ASSETS		119,842	136,962
Funds of the charity
Unrestricted fund	9	119,842	136,961
Total funds		119,842	136,961

The above accounts and accompanying notes were approved by the Trustees

on 2025 and signed on their behalf by A Carter.

The Labrador Lifeline Trust

4

Year Ended 31 December 2024 Notes to the accounts

1 Basic Preparation

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost in accordance with:

• Accounting and Reporting by Charities - Statement of Recommended Practice (SORP 2015);

• Financial Reporting Standards 102 Section 1A;

• The Charities Act 2011.

1.2 Change in the basis of accounting

There has been no change to the accounting policies since last year.

1.3 Changes to previous accounts

No changes have been made to accounts for previous years.

2. Accounting Policies

2.1 Incoming resources

• Incoming resources are included in the Statement of Financial Activities (SoFA) when: - the charity becomes entitled to the resources

• the trustees are virtually certain that they will receive the resources; and

• the monetary value can be measured with sufficient reliability.

2.2 Incoming resources with related expenditure

Incoming resources with related expenditure are reported gross in the SoFA.

• 2.3 Grants and donations

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

• 2.4 Gift Aid

Incoming resources from tax reclaims are included in the SoFA when the donation is received.

• 2.5 Gifts in kind

• Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.

• 2.6 Donated services and facilities

These are only included in incoming resources at an estimated value to the charity where the benefit is reasonably quantifiable, measurable and material.

• 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 Expenditure and liabilities

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

2.10 Tangible fixed assets These are capitalised if they can be used for more than one year. They are valued at cost or, if gifted, at the value to the charity on receipt. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life. Plant and Equipment 5% per anum Leasehold improvements 10% per anum 2.11 Stock

Stock is valued at the lower of cost or market value.

The Labrador Lifeline Trust

5

Year Ended 31 December 2024 Notes to the accounts

		2024	2023
3	Analysis of incoming resources
	Voluntary income
	- Dog donations	20,305	49,570
	- Friends of trust donations	2,150	2,015
	- Tax reclaims on donations	2,843	6,730
	Total	25,298	58,315
	Activities for generating funds
	- Charitable trading	9,836	13,730
	- Events etc	9,201	11,663
	- Insurance commission	17,595	2,094
	Total	36,632	27,487
	Investment income
	- Interest receivable	2,287	1,873
	Total	2,287	1,873
4	Analysis of resources expended
	Costs of generating voluntary income
	- Computer costs	3,586	3,084
	- Postage and telephone	4,878	3,967
	- Printing and stationery	3,966	3,667
	- Repairs and renewals	-	365
	- Accountancy	638	682
	- Legal fees	-	-
	- Sundry expenses	383	465
	- Depreciation	250	2,912
	- Bank charges	96	181
	Total	13,797	15,323
	Fundraising trading costs
	- Trading stock	2,535	193
	- Events and publicity	6,311	6,759
	Total	8,846	6,952
	Charitable activities
	- Veterinary fees and treatment costs	43,130	50,123
	- Fostering fees	10,475	8,711
	- Transport	3,206	4,225
	- Insurance	1,563	1,591
	- Staff training	-	-
	- Gifts and grants	318	209
	Total	58,692	64,859

The Labrador Lifeline Trust

6

Year Ended 31 December 2024 Notes to the accounts

			Leasehold
			Improvment	Plant and
			s	Equipment	2024	2023
5		Tangible fixed assets
		Trailer and equipment
		Asset cost or valuation
		Balance brought forward	28,768	8,266	37,034	37,034
		Additions		1,455	1,455
		Disposals	-	-	-	-
		Balance carried forward	28,768	9,721	38,489	37,034
		Accumulated depreciation
		Balance brought forward	28,520	8,264	36,784	33,494
		Charge for period	248	2	250	3,290
		Reversed	-	-	-	-
		Balance carried forward	28,768	8,266	37,034	36,784
		Net book value
		Brought forward	248	2	250	3,540
		Carried forward	-	1,455	1,455	250
6		Cash on deposit
		CAF bank deposit			39,672	57,354
		Scottsh Widows - 90 day notice			73,754	72,589
					113,426	129,943
	**7 **	Creditors and accruals
		Amounts falling due within one year
		Bank overdraft			-	-
		Sundry creditors			2,602	1,906
					2,602	1,906
	**8 **	Movement of major funds
		Unrestricted funds
		Balance brought forward			136,961	136,421
		Incoming resources			64,217	87,675
		Outgoing resources			(81,335)	(87,135)
		Balance carried forward			119,842	136,961
					119,842	136,961

7

Independent Examiner's Report to the Trustees of The Labrador Lifeline Trust

I report on the accounts of the Labrador Lifeline Trust for the year ended 31 December 2024 which are set out on the preceding pages.

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'). You are satisfied that an audit is not required for this year under charity law and that an independent examination is needed.

I 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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently, I express no opinion as to whether the accounts present a 'true and fair' view and my report is limited to those specific matters set out in the independent examiner's statement.

Independent examiner's statement

I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants.

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

1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records.

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

Ruth Pennington FCCA PBA Accountants Ramsbury House Charnham Lane Hungerford RG17 0EY

Dated 03-Jun-25

Registered number 1076061

The Labrador Lifeline Trust

Report and Accounts

31 December 2024

The Labrador Lifeline Trust

1

General Information Year Ended 31 December 2024

Registered charity number	1076061
Trustees	Karen Walsh (Chairman)
	Anne Carter (Deputy Chairman)
	Mavis Pritchard (Treasurer)
	Joan Falvey
	Nicky Clark
	Nicola Boyer
	Alma Baker
	Richard Crane
Principal office	The Oaks
	6 Tottenham Close
	Bramley
	Tadley
	Hampshire
	RG26 5NW
Administrator	Anne Carter
	The Oaks
	6 Tottenham Close
	Bramley
	Tadley
	Hampshire
	RG26 5NW
Bankers	CAF Bank
	25 Kings Hill Avenue
	Kings Hill
	West Malling
	Kent
	ME19 4JQ
Independent Examiner	Ruth Pennington FCCA
	PBA Accountants
	Ramsbury House
	Charnham Lane
	Hungerford
	RG17 0EY

The Labrador Lifeline Trust

2

Statement of Financial Activities Year Ended 31 December 2024

		2024	2023
		Unrestricted funds
Incoming resources	3
Voluntary income		25,298	58,315
Activities for generating funds		36,632	27,487
Investment income		2,287	1,873
Total incoming resources		64,217	87,675
Resources expended	4
Costs of generating voluntary income		13,797	15,324
Fundraising trading costs		8,846	6,952
Charitable activities		58,692	64,859
Donations		-	-
Total resources expended		81,335	87,135
Net income/(expenditure) from resources		(17,119)	540
Total funds brought forward		48,670	48,130
Total funds carried forward		31,552	48,670

The Labrador Lifeline Trust

3

Balance Sheet As at 31 December 2023

		2023	2023
		Unrestricted funds
Tangible fixed assets	5	1,455	250
Total fixed assets		1,455	250
Current assets
Stock		3,156	1,378
Recoverable gift aid		2,243	5,571
Cash at bank		2,164	1,727
Sundry debtor			-
Cash on deposit	6	113,426	129,943
Cash on guaranteed reserve account	7		-
Total current assets		120,989	138,618
Creditors: amounts falling due in one year	8	2,602	1,906
Net current assets		118,387	136,712
TOTAL NET ASSETS		119,842	136,962
Funds of the charity
Unrestricted fund	9	119,842	136,961
Total funds		119,842	136,961

The above accounts and accompanying notes were approved by the Trustees

on 2025 and signed on their behalf by A Carter.

The Labrador Lifeline Trust

4

Year Ended 31 December 2024 Notes to the accounts

1 Basic Preparation

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost in accordance with:

• Accounting and Reporting by Charities - Statement of Recommended Practice (SORP 2015);

• Financial Reporting Standards 102 Section 1A;

• The Charities Act 2011.

1.2 Change in the basis of accounting

There has been no change to the accounting policies since last year.

1.3 Changes to previous accounts

No changes have been made to accounts for previous years.

2. Accounting Policies

2.1 Incoming resources

• Incoming resources are included in the Statement of Financial Activities (SoFA) when: - the charity becomes entitled to the resources

• the trustees are virtually certain that they will receive the resources; and

• the monetary value can be measured with sufficient reliability.

2.2 Incoming resources with related expenditure

Incoming resources with related expenditure are reported gross in the SoFA.

• 2.3 Grants and donations

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

• 2.4 Gift Aid

Incoming resources from tax reclaims are included in the SoFA when the donation is received.

• 2.5 Gifts in kind

• Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.

• 2.6 Donated services and facilities

These are only included in incoming resources at an estimated value to the charity where the benefit is reasonably quantifiable, measurable and material.

• 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 Expenditure and liabilities

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

2.10 Tangible fixed assets These are capitalised if they can be used for more than one year. They are valued at cost or, if gifted, at the value to the charity on receipt. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life. Plant and Equipment 5% per anum Leasehold improvements 10% per anum 2.11 Stock

Stock is valued at the lower of cost or market value.

The Labrador Lifeline Trust

5

Year Ended 31 December 2024 Notes to the accounts

		2024	2023
3	Analysis of incoming resources
	Voluntary income
	- Dog donations	20,305	49,570
	- Friends of trust donations	2,150	2,015
	- Tax reclaims on donations	2,843	6,730
	Total	25,298	58,315
	Activities for generating funds
	- Charitable trading	9,836	13,730
	- Events etc	9,201	11,663
	- Insurance commission	17,595	2,094
	Total	36,632	27,487
	Investment income
	- Interest receivable	2,287	1,873
	Total	2,287	1,873
4	Analysis of resources expended
	Costs of generating voluntary income
	- Computer costs	3,586	3,084
	- Postage and telephone	4,878	3,967
	- Printing and stationery	3,966	3,667
	- Repairs and renewals	-	365
	- Accountancy	638	682
	- Legal fees	-	-
	- Sundry expenses	383	465
	- Depreciation	250	2,912
	- Bank charges	96	181
	Total	13,797	15,323
	Fundraising trading costs
	- Trading stock	2,535	193
	- Events and publicity	6,311	6,759
	Total	8,846	6,952
	Charitable activities
	- Veterinary fees and treatment costs	43,130	50,123
	- Fostering fees	10,475	8,711
	- Transport	3,206	4,225
	- Insurance	1,563	1,591
	- Staff training	-	-
	- Gifts and grants	318	209
	Total	58,692	64,859

The Labrador Lifeline Trust

6

Year Ended 31 December 2024 Notes to the accounts

			Leasehold
			Improvment	Plant and
			s	Equipment	2024	2023
5		Tangible fixed assets
		Trailer and equipment
		Asset cost or valuation
		Balance brought forward	28,768	8,266	37,034	37,034
		Additions		1,455	1,455
		Disposals	-	-	-	-
		Balance carried forward	28,768	9,721	38,489	37,034
		Accumulated depreciation
		Balance brought forward	28,520	8,264	36,784	33,494
		Charge for period	248	2	250	3,290
		Reversed	-	-	-	-
		Balance carried forward	28,768	8,266	37,034	36,784
		Net book value
		Brought forward	248	2	250	3,540
		Carried forward	-	1,455	1,455	250
6		Cash on deposit
		CAF bank deposit			39,672	57,354
		Scottsh Widows - 90 day notice			73,754	72,589
					113,426	129,943
	**7 **	Creditors and accruals
		Amounts falling due within one year
		Bank overdraft			-	-
		Sundry creditors			2,602	1,906
					2,602	1,906
	**8 **	Movement of major funds
		Unrestricted funds
		Balance brought forward			136,961	136,421
		Incoming resources			64,217	87,675
		Outgoing resources			(81,335)	(87,135)
		Balance carried forward			119,842	136,961
					119,842	136,961

7

Independent Examiner's Report to the Trustees of The Labrador Lifeline Trust

I report on the accounts of the Labrador Lifeline Trust for the year ended 31 December 2024 which are set out on the preceding pages.

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'). You are satisfied that an audit is not required for this year under charity law and that an independent examination is needed.

I 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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently, I express no opinion as to whether the accounts present a 'true and fair' view and my report is limited to those specific matters set out in the independent examiner's statement.

Independent examiner's statement

I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants.

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

1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records.

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

Ruth Pennington FCCA PBA Accountants Ramsbury House Charnham Lane Hungerford RG17 0EY

Dated 03-Jun-25