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2021-04-30-accounts

CHARITY NO. 1076645 COMPANY NO. 3714183

WALES APE AND MONKEY SANCTUARY LIMITED

COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[th] APRIL 2021

WALES APE & MONKEY SANCTUARY LIMITED

CONTENTS

PAGE
Directors and Professional Advisers 1
Report of the Directors 2 –8
Statement of Directors' Responsibilities 9
Independent Accountant's Report 10
Income and Expenditure Account 11
Statement of Financial Activities 12
Balance Sheet 13 - 14
Notes to the financial statements 15 – 23
Detailed Income and Expenditure Account 24

WALES APE & MONKEY SANCTUARY LIMITED DIRECTORS AND PROFESSIONAL ADVISERS

DIRECTORS Mr G Garen Mrs J A Garen SECRETARY Mrs J A Garen REGISTERED OFFICE Cefn yr Erw Caehopkin Road Abercrave Swansea SA9 1UD REPORTING ACCOUNTANT S Roberts, MAAT 7 Sunnybank Brecon LD3 7RW BANKERS Lloyds TSB Bank Plc High Street Gorseinon Swansea

WALES APE & MONKEY SANCTUARY LIMITED

REPORT OF THE DIRECTORS

FOR THE PERIOD ENDED 30[th] APRIL 2021

The Directors have pleasure in presenting their annual report together with financial statements for the year ended 30[th] April 2021.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The organisation is a charitable company limited by guarantee, incorporated on the 16[th] of February 1999 and registered as a charity on the 19[th] of July 1999. The liability of the members is limited to £1 per member.

The company was established under a Memorandum of Association which established the objects and powers of the charitable company, and is governed under its Articles of Association and its constitution registered under the Charities Act. The organisation is restricted to carrying out activities within its charitable objects. The company is managed by its board of directors and the rules regarding their appointment, re-appointment and removal are retained in the Articles to which reference should be made.

RECRUITMENT AND APPOINTMENT OF DIRECTORS

The directors of the company are also charity trustees for the purpose of charity law. The rules regarding the number of directors and their appointment, re-appointment and removal are contained in the Articles of Association to which reference should be made.

RISK MANAGEMENT

The directors actively review the major risks which the charity faces on a regular basis and believe that securing on-going funding to enable the objectives to be met, will provide sufficient resources in the event of adverse conditions.

OBEJECTIVES AND PRINCIPAL ACTIVITIES

The charity's objectives and principal activities are the rescue of endangered primates and the provision of a sanctuary for their continuing upkeep and care.

Achievement and Performance Report 2020 – 2021

As this year draws to a close Wales Ape and Monkey Sanctuary is facing another unique and uncertain future, like everyone else affected by this global pandemic. As this year draws to a close it is almost incredible that our Sanctuary has survived. How little we anticipated last April when we had been closed for 38 days that this would stretch to July 20[th] 2020. Then that local lockdowns in twelve surrounding Local Authority areas would decimate our visitor numbers in September, October, November and December. This was followed by a total closure until we open again tomorrow on May 1[st] 2012! He Sanctuary missed yet another potentially busy Easter holiday After exploring all avenues of Government assistance we were able to access some of them and our Local Authority Powys proved very helpful. This was all crucially important because our staff at the Sanctuary are mainly Animal Carers and therefore they could not be furloughed. All outgoing expenditure like food for the animals, vet bills, heating, insurance remain the same whether the Sanctuary is open or closed. This was not a factor that was recognised by Welsh Government as they gave no special funding for animals.

However, thanks to an overwhelming response from the public, local businesses and the fund raising efforts of our Communications Manager, Rosie Nelson our animals wanted for nothing during this difficult time. This is a fraction of the food donations we received:

Every day, members of the public were dropping off food supplies or telephoning to request pick-up of food from their doorsteps! The small van we purchased last year was kept very busy indeed! The raffle Rosie had just opened on 29[th] April 2020 raised a massive £7445 to which was added a further £10,780 in April 2021. As well as the support from people who bought tickets a huge thank you must go out to the businesses who so generously donated high value prizes which made these events so successful.

----- Start of picture text -----
Raffle 2021
----- End of picture text -----

Further thanks must go to the Moondance Foundation who so generously and quickly responded to our appeal for assistance. They donated to our Sanctuary during these hard times and their grant meant we were able to continue to improve the Sanctuary environment for the animals and prepare for safe reopening under Covid restrictions.

Two groups of rescued laboratory monkeys were able to enjoy socialising in the fresh air in newly refurbished enclosures, thus continuing the socialisation programme started last year.

----- Start of picture text -----
Lab monkeys from 2 places
safely integrated and in the
fresh air.
----- End of picture text -----

Many preparations were needed for re-opening on July 20[th] 2020. Paths had to be re-routed and widened for one-way systems, signs for social distancing, hand sanitisers, fogging machines a new booking system and reception outside. It was not possible to open the tea room, charity shop or indoor reception safely.

We have been closed now for almost 5 months and are looking forward to welcoming our visitors back on May 1[st] . Although number restrictions are still in place and measures to protect our primates who are vulnerable and at high risk from the coronavirus are still necessary, we are hoping that the lockdowns are over.

We are hoping to recruit extra staff and return to offering apprenticeships and volunteer programmes as soon as we are confident that it is safe to do so .Our existing staff have worked really hard this past year and without any extra help from volunteers and also deserve our thanks.

WALES APE & MONKEY SANCTUARY LIMITED

REPORT OF THE DIRECTORS

FOR THE PERIOD ENDED 30[th] APRIL 2021

FINANCIAL REVIEW

REVIEW POLICY

The Charity's reserves are mainly represented by restricted capital funds with the general fund standing at a deficit at the balance sheet date. The Charity achieved a small surplus in this financial year and it is anticipated that future surpluses will eliminate the remaining deficit. Once this has been achieved it will be policy of the Charity to retain sufficient funds to cover six months future expenditure.

INVESTMENT AND OTHER POWERS

The Charity does not have surplus liquid resources to invest.

WALES APE & MONKEY SANCTUARY LIMITED

REPORT OF THE DIRECTORS

FOR THE PERIOD ENDED 30[th] APRIL 2021

RESULTS FOR THE YEAR

As laid out in the attached statements of accounts, Incoming resources during the period were £285,509 and there were no restricted funds. The total resources expended during the year totaled £283,488 of which £283.075 was expended on direct charitable objectives. Management and administrative expenses were £413. This resulted in a net income deficit of £24,979

The financial position for period 2020/2021 of the Project is such that it will be able to continue carrying out its charitable objectives for the financial year 2021/2022 as set down in these financial statements.

RELATED PARTIES

Details of related party transactions are included in the notes to the accounts.

FIXED ASSETS

Details of changes in fixed assets are shown in Note 8 to the accounts.

All assets are held to achieve the objects of the charity.

FUTURE DEVELOPMENT

The organisation will continue to develop the services it provides to meet the requirements of the primates within the Sanctuary.

DIRECTORS

The Directors who served during the year and who were in office at the balance sheet date were:

Mr G Garen Mrs J A Garen

REPORTING ACCOUNTANT

A resolution to appoint Messrs S Roberts as reporting accountant will be proposed at the forthcoming Annual General Meeting.

By order of the Board of Trustees

............................................... ............................. SECRETARY DATE 8.

WALES APE & MONKEY SANCTUARY LIMITED

STATEMENT OF DIRECTORS' RESPONSIBILITIES

FOR THE PERIOD ENDED 30[th] APRIL 2021

We are required under company law to prepare financial statements for each financial year which give a true and fair view of the state of the project and of the surplus of the project for that year. In preparing those financial statements we are required to:

We are also responsible for:

By order of the Board of Directors

............................................ Mrs J A Garen SECRETARY

INDEPENDENT ACCOUNTANT'S REPORT TO THE MEMBERS

OF

WALES APE & MONKEY SANCTUARY LIMITED

FOR THE PERIOD ENDED 30[th] APRIL 2021

I report on the accounts for year ended 30[th] April 2021 set out on pages 11 to 24

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND REPORTING ACCOUNTANT

As described on page 9, the Charity Directors are responsible for the preparation of the accounts, and they consider that the Charity is exempt from an audit. It is the reporting accountant’s responsibility to carry out procedures designed to enable the accountant to report its opinion.

BASIS OF OPINION

Work was conducted in accordance with the Statement of Standards for Reporting Accountants, as therefore the procedures consisted of comparing the accounts with the accounting records kept by the Charity, and making such limited inquiries to officers of the charity as considered necessary for the purposes of this report. These procedures provided only the assurance expressed in the opinion below.

OPINION

In my opinion:-

7 SUNNYBANK MESSRS S ROBERTS BRECON MAAT LD3 7RW

DATE ............................. 10.

WALES APE & MONKEY SANCTUARY LIMITED

SUMMARY INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30[th] APRIL 2021

NOTE 2021 2020
£ £
TURNOVER 258,509 287,542
Operating Costs 4 (283,488) (281,581)
______ ______
OPERATING SURPLUS/(DEFICIT) (24,979) 5,961
Interest Receivable and Other Income 6 - -
_ ______
SURPLUS/(DEFICIT) FOR THE YEAR (24,979) 5,961
_ ______

RECONCILIATION OF INCOME AND EXPENDITURE ACCOUNT

OF THE STATEMENT OF FINANCIAL ACTIVITIES

2021 2020
£ £
SURPLUS(DEFICIT) FOR THE YEAR (24,979) 5,961
CAPITAL DONATIONS RECEIVED
_____ ______
(24,979) 5,961
_____ ______

There are no recognised gains or losses during the financial year 2020 -2021, other than the results for the year.

A Statement of Financial Activities is shown on page 12 to the financial statements.

WALES APE & MONKEY SANCTUARY LIMITED

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30[th] April 2021

There are no recognised gains or losses other than those passed through the statement of financial activities.

The statement of financial activities has been prepared on the basis that all operations are continuing.

NOTE
INCOMING RESOURCES
Grants and donations
Adoptions
Receipts from visitors
Activities to generate funds:
Sales
TOTAL INCOMING RESOURCES
RECOURCES EXPENDED
Direct charitable expendi-
ture
4
Governance costs
4
TOTAL RESOURCES EXPENDED
Net movement in funds for the year
Transfer between funds
Funds balance brought forward
Funds balance carried for-
ward
15
UN
RE-
CAPITAL
RE-
STRICTED
STRICTED
RE-
STRICTED
TOTAL
TOTAL
FUND
FUND
FUND
2021
2020
£
£
£
£
£
202,891
202,891
164,164
3,220
3,220
6,476
42,975
42,975
84,809
9,423
9,423
32,093
258,509
0
0
258,509
287,542
283,075
283,075
280,916
413
413
665
283,488
0
0
283,488
281,581
-
-24,979
234,757
-
120,426
209,778
120,426
12.

WALES APE & MONKEY SANCTUARY LIMITED

BALANCE SHEET

AS AT 30th APRIL 2021
NOTE 2021
£ £
FIXED ASSETS
Tangible assets 8 491,738
CURRENT ASSETS
Debtors -
Cash in hand 69137
_____
CURRENT LIABILITIES
CREDITORS – AMOUNTS
FALLING DUE WITHIN
ONE YEAR11 (12,241)
NET CURRENT LIABILITIES
(12,241)
TOTAL ASSETS LESS
CURRENT LIABILITIES
548,634
CREDITORS: AMOUNTS
FALLING DUE AFTER
MORE THAN ONE YEAR12 (218,430)
NET ASSETS
330,204
Unrestricted fund
209,778
Restricted fund 14
-
Capital Restricted fund 14
120,426
330,204

£

-
20,663
_____
(9,703)






2020
£
448,417
(9,703)
459,377
(104,194)
355,183
234,757
-
120,426
355,183
13.

WALES APE & MONKEY SANCTUARY LIMITED

BALANCE SHEET

AS AT 30[th] APRIL 2021

For the year ending 30[th] April 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities;

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,

The directors acknowledge their responsibilities for complying with the requirements of the Act with respects to accounting records and the preparation of accounts

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on ..............................

.............................................. Mrs J A Garen Director

WALES APE & MONKEY SANCTUARY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30[th] APRIL 2021

1. PRINCIPAL ACCOUNTING POLICIES

The financial statements have been prepared under the historical cost convention and have been prepared in accordance with the Statement of Recommended Practice (SORP), “Accounting and Reporting to Charities” issued in March 2005 and applicable accounting standards.

INCOME

Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. The value of services provided by volunteers has not been included.

Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable.

FUND ACCOUNTING

Unrestricted funds are donations and other income resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds.

Designated funds are unrestricted funds earmarked by the directors for particular purposes.

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund, together with a fair allocation of management and support costs.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold land Nil Building expenditure 4% straight line Commercial vehicles & plant 25% straight line Website costs 33% straight line

GIFTS IN KIND

Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the project. Gifts donated for resale are included in income when they are sold. Donated facilities are included at the value to the charity where this can be quantified and a third party is bearing the cost. No amounts are included in the financial statements for services donated by volunteers.

CEFN-YR-ERW PRIMATE RESCUE SANCTUARY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30[th] APRIL 2021

2. INCOME AND NET INCOMING RESOURCES

The income and net incoming resources on ordinary activities are attributable to the principal activity of the charity.

Net outgoing/incoming resources on ordinary activities before taxation is after charging:-

2021 2020
£ £
Staff costs 141,545 107,701
Depreciation 31,348 38,003
3. DONATIONS AND GIFTS
2021 2020
£ £
Individuals 187,391 160.664
Gifts in kind
15,500 3,500
Capital donations
__ ____
202,891 164,164

Gifts in kind comprise of :-

Food donations valued by the directors at £15,000 provided by the general public. £500 gift in kind for management of the charities website by View Web Design.

WALES APE & MONKEY SANCTUARY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30[th] APRIL 2021

RESOURCES EXPENDED

4.

Basis of
Allloca-
tion
Salaries
Direct
Contractor Fees
Direct
Feed Stuff
Direct
Stock
Direct
Vet Fees & Medicines
Direct
Waste Disposal/Safety
Direct
Motor & Travel Costs
Direct
Repairs & Renewals
Direct
Utility Costs
Transactions
Promotion and Publicity
Costs
Transactions
Sundry Expenses
Direct
Depreciation
Direct
HP Interest
Direct
Legal & Professional
Direct
Office Expenses
Transactions
Animal
2021
2020
Welfare
Governance
Total
Total
141,545
141,545
107,701
26,974
26,974
37,054
3,946
3,946
12,488
6,284
6,284
8,398
7,763
7,763
2,809
12,529
12,529
20,155
827
827
4,231
5,565
5,565
12,910
3,587
3,587
7,024
31,348
31,348
38,003
731
731
239
4,115
4,115
1,082
3,909
3,909
6,359
1,454
1,454
1,453
413
413
665
11,845
11,845
10,544
4,317
4,317
5,630
15,000
15,000
3,500
1,336
1,336
1,336

Bank Charges
Transactions
Bank Interest
Transactions
Telephone
Transactions
Accountancy Costs
Direct
Licenses & Insurance
Transactions
Rates & Water
Transactions
Food
Direct
Operating Lease
Direct
283,075
413
283,488
281,581
  1. DIRECTORS AND EMPLOYEES The average number of employees throughout the year:

2021 2020 Care and support of primates 7 9 _ _ The wages, salaries and pension costs throughout the period: £ £ Care and support of primates – wages 141,545 107,701 __ ____

The Trustees received no emoluments and there were no reimbursement of expenses. No employee was paid more than £50,000.

6. INTEREST RECEIVABLE AND SIMILAR INCOME

2021 2020 £ £ Interest received on bank deposit accounts - - _ _

7. TAXATION

The company is a registered charity and as such is exempt from corporation tax.

WALES APE & PRIMATE SACTUARY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30[th] APRIL 2021

8. TANGIBLE FIXED ASSETS

Cost:
As at 1stMay 2020
Additions
Disposals
As at 30thApril 2021
Depreciation
As at 1stMay 2020
Charge for year
Disposals
As at 30thApril 2021
Net Book Value
As at 30th April 2020
As at 30th April 2021
Freehold
Building
Commercial
Plant
Website
Total
Land
Expenditure
Vehicles
£
£
£
£
£
£
2,000
519,117
125,396
275,380
18,100
939,993
33,724
40,445
500
74,669
Freehold
Building
Commercial
Plant
Website
Total
Land
Expenditure
Vehicles
£
£
£
£
£
£
2,000
519,117
125,396
275,380
18,100
939,993
33,724
40,445
500
74,669
Freehold
Building
Commercial
Plant
Website
Total
Land
Expenditure
Vehicles
£
£
£
£
£
£
2,000
519,117
125,396
275,380
18,100
939,993
33,724
40,445
500
74,669
Freehold
Building
Commercial
Plant
Website
Total
Land
Expenditure
Vehicles
£
£
£
£
£
£
2,000
519,117
125,396
275,380
18,100
939,993
33,724
40,445
500
74,669
Freehold
Building
Commercial
Plant
Website
Total
Land
Expenditure
Vehicles
£
£
£
£
£
£
2,000
519,117
125,396
275,380
18,100
939,993
33,724
40,445
500
74,669
Freehold
Building
Commercial
Plant
Website
Total
Land
Expenditure
Vehicles
£
£
£
£
£
£
2,000
519,117
125,396
275,380
18,100
939,993
33,724
40,445
500
74,669
2,000
552,841
125,396
315,825
18,600
1,014,662
-
158,649
99,670
216,019
17,238
491,576
-
16,705
7,224
7,254
165
31,348
-
-
-
-
-
-
-
175,354
106,894
223,273
17,403
522,924
2,000
360,468
25,726
59,361
862
448,417
2,000 377,487 18,502 92,552 1,197 491,738

All fixed assets are employed in the furtherance of the Charity's objects.

WALES APE & MONKEY SANCTUARY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30[TH] APRIL 2021

9. CHANGES IN RESOURCES AVAILABLE FOR CHARITABLE USE

CAPITAL UNRE-
STRICTED
RE-
STRICTED
TOTAL TOTAL
RE-
STRICTED
FUNDS FUNDS FUNDS FUNDS
FUNDS 2021 2020
£ £ £ £ £
Net movement of funds
for the year -24,979 5,961
-
net increase/de-
crease
in tangible fixed assets:-
For direct charitable purposes 43,321 11,795
NET MOVE-
MENT IN
FUNDS AVAIL-
ABLE
FOR FUTURE ACTIVITIES 18,342 17,756

WALES & MONKEY SANCTUARY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30th APRIL 2021 FOR THE YEAR ENDED 30th APRIL 2021
10. DEBTORS 2021 2020
£ £
Amount falling due within one year - -
____ _____
11. CREDITORS: amounts falling due within one year
2021 2020
£ £
Bank overdraft - -
Trade creditors 1,141 1,203
Hire Purchase contracts 2,600 2,600
Short term loan 8,500 5,900
______ ______
12,241 9,703
The bank overdraft is secured by a debenture dated 30thSeptember 2004 over the assets of the
company.
12. CREDITORS: amounts falling due after more
than one year
2021 **2020 **
£ £
Loans from directors
168,430 104,194
Build Back Loan - 50,000
______ _
218,430 104,194
The loans from the directors have no interest charged and there is no intention to repay
immediately.
13. SECURED DEBTS
The following secured debts are included
within creditors:- 2021 2020
£ £
Hire purchase contracts
2,600 2,600

WALES & MONKEY SANCTUARY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30[th] APRIL 2021

14. STATEMENT OF FUNDS

The restricted capital fund comprises (i) the value of land and buildings costs donated by Mr G Garen and Mrs J A Garen and by Mrs Garen's mother, plus (ii) donations and grants assistance towards the building of the Primate Rescue Sanctuary and Visitors Centre less (iii) depreciation on the related assets.

The Trustees believe a restricted capital fund is a better and more accurate description of this fund rather than an endowment fund.

The directors are drawing up a plan to deal with the deficit on unrestricted funds. They have already lent money to the charity to fund the current deficit, and will consider waiving the loan at some point in the near future.

WALES APE & MONKEY SANCTUARY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30[th] APRIL 2021

15. RELATED PARTY TRANSACTION

Mr G Garen and Mrs J A Garen were repaid £4,870 being part of their loans to the charity during the year. The amount due to the directors is disclosed in Note 12.

During the year the company also had transactions at arms length with Cefn-yr-Erw Study Centre, a partnership between Mr G Garen and Mrs J A Garen, the Directors.

16. OPERATING LEASE COMMITMENTS

2021 2020 £ £ Expiring: Within one year 1,336 1,336 Between one and five years 3,360 3,360

APPENDIX 1 WALES APE & MONKEY SANCTUARY LIMITED

SCHEDULE TO THE INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30[th] APRIL 2021

SCHEDULE OF INCOME RECEIVABLE 2021 2020
£ £
Grants and donations 202,891 164,164
Adoptions 3,220 6,476
Receipts from visitors
42,975 84,809
Deposit interest
- -
Sales 9,423 32,093
______ _
258,509 287,542
LESS SCHEDULE OF EXPENDITURE
Salaries 145,545 107,701
Contractor Fees - -
Feed Stuff 41,974 37,054
Stock
3,946 12,488
Vet fees and medicines 6,284 8,398
Waste disposal/Safety 7,763 2,809
Motor and travel 12,529 20,155
Repairs and renewals 827 4,231
Utility costs 5,565 12,910
Promotion and publicity 3,587 7,024
Depreciation 31,348 38,003
Office expenses 731 239
Bank charges 4,115 1,082
Bank interest 3,909 6,359
Telephone 1,454 1,453
Accountancy cost 413 665
Licences and insurance 11,845 10,544
Rates and water 4,317 5,630
Food 3,500 3,500
Operating lease 1,336 1,336
_ ______
283,488 281,581
______ ______
SUPLUS/(DEFICIT) FOR THE YEAR -24,979 5,961