Charity registration number: 1078823
GSD 2000
Annual Report and Financial Statements
for the Year Ended 31 March 2024
WESTCOTTS
CM4A TÉREB A¢¢OUNT114TS
& BIJEIHÈSS ADVISEPS

GSD 2000
Contents (continued)
Reference and Administrative Details
Trustees, Report
2to4
Independent Examlnef s Report
Statement of Financial Activities
Balance Sheet
Notes to the Financlal Statements
8t017

GSD 2000
Reference and Adminlstrative Details
Trustees
Brenda Travers
Laurence Mogg
Susan Dowdell
Valerie Clare
Amanda Gane
Graeme Bates
June Tandy
1078823
Charity Reglstration Number
Principal Offlce
11 MaesyDre
Glynneath
Neath
SA115HH
Catherlne Williams FCA DChA
Westcotts (SW) LLP
47 Boutport Street
Barnstaple
Devon
EX311SQ
Independent Examiner
Page 1

GSD 2000
Trustees. Report
The trustees present the annual report together with the financial statements of the charity for the year
ended 31 March 2024.
Objedives and activities
The objectlves of the Charity are to relieve the suffering and dlstress of unwanted, abandoned or
badly-treated German Shepherd Dogs by rescuing and re-homing such dogs. GSD 2000 doe5 not
have its own premises but uses licensed, registered kennels for ils rescue dogs, where they receive
excellent care. If owners, circumstances change, previously re-homed dogs are accepted back into
charity care at any time of their lives, which ensures lifelong security for the dog. Older dogs and
those with ongoing medical problems may be placed in homes on a Charity Assisted basis, which
means the dogs enjoy life in a home environment instead of in a boarding kennel. The Charity funds
some of their veterinary care
and sometimes their food rf a special diet is recommended by the
veterinary surgeon.
The Charity rescues and re-homes dogs mainly in the South-west of the UK. We do not import rescue
dogs from abroad and have no plans to do so.
At the beginnlng of 2024 we worked with two other charities to help 15 German Shepherds (a group of
ten and another group of five) seized by Dog Wardens on welfare grounds. Each charity took 5 dogs
and gave them the medical and pastoral care they needed.
Public benefit
In plannlng their activities, the Trustees have kept in mind the Charity Commisslon guidance on public
benefit, and regularly work with Social Services, dog wardens and other charities. We are often asked
to take on dogs wlth severe behavioural issues. We simply can't re-home these types of dogs, but
always try to offer alternative contacts or suggestions to their owners such as other specialist rescues
or trainers.
Achievements and perfomiance
People are still wary of taklng on big dogs due to the cost of food, veterinary care and insurance. This
year however, we have seen some prospective owners come forward and have matched the rlght dog
to them. Sadly there is always a list of dogs waiting to come in to rescue.
Many of our members and supporters have been involved with GSD 2000 for over ￿ntY years. They
continue to send donations and this is much appreciated.
The GSD 2000 shop at Holsworthy is very busy. It provides a steady income towards our kennelling
costs. New volunteers have come along through this year. Customers are always eager to call in and
look for a bargain. and enjoy the happy atmosphere in the shop.
Financial review
Expendlture for 202312024 was £97,247 an increase of £9,585 on 202212023's expenditure which Nyas
£87,662. There are still high veterinary costs duie to the number of rescued dogs found to have
medic81 problems.
Income from all sources.. subscriptions. shop, money4aising activities and donations for the
202312024 period was £233,965. This shows 8 decrease of £78.002 against the previous year where
income was £311,958.
Our total expenditure has increased from last year. but our total Income during the year has
decreased. (A large legacy was received last year).
Page 2

GSD 2000
Trustees. Report (contlnued)
Reserves
At the year end, total reserves stood at £731.996 which includes restrl¢ted funds of £72,773. The totsl
reseNes figure for 202J2023 was £595,287. A large unrestricted fund Is purposely maintained as the
Charitls objective is to re-home all its dogs with a lifetime guarantee to come back into care and be
either re-homed or kept for the remainder of their lives. Therefore funds need to be available for any
emergency
or if a number of dogs are suddenly returned wtth serious but treatable medical
nditions.
The Trustees acknowledge the underlying concem regarding being properly prepared for the
unexpected and having the ability to access cash immediately. Having the resetves gives the Charity
a safety net during uncertain times. We have always dreamt of having our own kennels -sadly with
property costs rising. it is 5ti11 a dream. The Trustees will investigate alternative ways of utilising these
funds for the best benefit.
Cash balances
The total bank and cash held in all accounts at the end of March 2024 was £730.658 compared to the
total cash and bank balance of £559,423 at the end of March 2023.
Plans for future periods
The Charity will continue to ralse funds to rescue and re-home Gemian Shepherd Dogs as required
for the Ilfetime of every dog that passes through the Charity.
Structure, govemance and management
Nature of goveming document
GSD 2000 is governed by a Constitution adopted on the 9th October 1999. as amended on 13th
December 1999. GSD 2000 was reglstered with the Charity Commission on 10th January 2000.
Recrultment and appointment of trustees
The Trustees of GSD 2000 are appointed by a majority of the members present at the ¢hariWs
Annual General Meeting.
Page 3

GSD 2000
Trustees. Report (continued)
Statement of Trustees, Responsibilities
The trustees are responsible for preparing the trustees, report and the financial Statements in
accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practi￿) and applicable law and regulations.
The law appllcable to char5ties requires the trustees to prepare financial statements for each financial
year which glve a true and fair view of the state of affairs of the charity and of the incoming reSoUr￿S
and application of resources of the charity for that period. In preparing these finanGial statements, the
trustees are required to-
select suitable accounting policies and then apply them consistently:
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent;
stste whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is Inappropriate to presume
that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of Ihe charity and enable them to ensure that the finanGial
statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations
2008. and the provisions of the constitution. The trustees are also responsible for safeguarding the
assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud
and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial
infomiation included on the charitable company's website. Legislation goveming the preparation and
dissemination of financial statements may differ from legislation in otherjurisdictions.
The annual report was approved by the trustees of the charity on 221.Q112Q25... and signed on its
behalf by:
JL.at
Susan Dowdell
Trustee
Page 4

GSD 2000
Independent Examiner's Report to the trustees of GSD 2000
I report to the trustees on my examination of the accounts of GSD 2000 for the year ended 31 March
2024.
Responsibilities and basis of report
As the Charity trustees of GSD 2000 you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the GSD 2000's accounts carried out under section 145 of the
2011 Act and in ¢arrying out my examination I have followed all the applicable Directions given by the
Charity Commission under section 145(5)(b) of the Act.
Independent examIne￿S statement
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 GSD 2000 as required by sectlon 130 of the Act.
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements concerning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fair view which is not a matter considered as part
of an independent examination.
I have no concems and have come across no other 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.
Catherine Williams FCA DChA
Westcotts (SW) LLP
Independent Examiner
47 Boutport Street
Barnstaple
Devon
EX311SQ
Date:..
Page 5

GSD 21)00
Statement of Flnancial Activities for the Year Ended 31 March 2024
Restricted
Total
funds
2024
Unrestricted
funds
Total
2023
Note
Income and Endowments from:
Donations and legacies
Other trading activities
Investment income
162,176
69,695
162,176
69,695
237,452
73.570
936
Total income
233 956
Expenditure on:
Raising funds
Charitable activities
(45,490>
(45,490)
(44.148)
Total expenditure
Net incomel(expenditure)
Net movement in funds
146 912
146,912
(10,203)
136,709
224,296
Reconcilbation of funds
Total funds brought forward
Total funds Carried forward 18 ￿659 au77
512311
595 287
370 991
All of the charitys activitles derive from continuing operations during the above two periods.
The funds breakdown for 2023 is shown in note 18.
The notes on pages 8 to 17 form an integral part of these financial ststements.
Page 6

GSD 2000
(Reglstratlon number: 1078823)
Balance Sheet as at 31 March 2024
2024
2023
Note
Fixed assets
Tangible assets
Current assets
Stocks
Debtors
Cash at bank and in hand
13
1.180
1,353
14
15
16
979
1,620
730.658
1,200
36,096
559,423
733,257
596,719
Creditors: Amounts falling due within one year
Net current assets
17
730,816
593,934
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
72,773
82.976
Unrestricted income funds
Unrestrfcted funds
659 223
512311
Total funds
18
The financial statements on pages 6 to 17 were approved by the tNstees, and authorised for issue on
221.0112025 . and signed on their behalf by:
Susan Dowdell
Trustee
The notes on pages 8 to 17 fomi an integral part of these financial ststements.
Page 7

GSD 2000
Notes to the Flnancial Statements for the Year Ended 31 March 2024
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities
statement of Recommended Practice issued in October 2019, the Financial Reporting Standard
applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
GSD 2000 meets the definition of a public benefit entlty under FRS 102. The accounts (financlal
statements) have been prepared under the historical cost ¢onvention wilh items recognised at cost or
transaction value unless otherwise stated in the relevant notels) to these accounts. The financial
statements are prepared in sterfing which is the functional currenGy of the charity.
Going concem
The trustees consider that there are no material uncertainties about the charitls ability to continue as
a going concem.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of
general nature is recognised when the charity has entitlement to the income, it is probable that the
income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
t)onations arKI legacies are recognised on a receivable basis ￿en receipt is probable and the
amount Can be reliably measured.
Investment income
Dividends are recognlsed once the dividend has been declared and notification has been received of
the dividend due.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is
probable settlement is required and the amount can be measured reliably. All costs are allocated to
the appSicab5e expenditure heading that aggregate similar costs to that category. Where costs cannot
be directly attributed to particular headings they have been allocated on a basis consistent with the
use of resources, with Central staff costs allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use. Other support costs are allocated based on the
spread of staff costs.
Ralsing funds
These are costs incurred in attracting voluntary income, the management of investments and those
incurred in trading activities that raise funds.
Page 8

GSD 2000
Notes to the Flnancial Statements for the Year Ended 31 March 2024
(continued)
Charltable actlvltles
Charitable expenditure comprlses those costs incurred by the charity in the delivery of its activities
and services for its beneficiaries. It includes both costs that Can be allocated directly to such activities
and those costs of an indirect nature necessary to support them.
Support costs
Support costs include central functions and have been allocated to actlvity cost categories on a basis
consistent with the use of resources. for example, allocating property ¢osts by floor areas, or per
capita. stsff costs by the time spent and other costs by thelr usage.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not
recognised until there is reasonable assurance that the charity will comply with the conditions
attaching to them and the grants will be received.
Where the grant does not impose specified future performance-related conditions on the recipient. it is
recognised in income when the grant proceeds are received or re￿1Vable. Where the grant does
impose specified future performance-related conditions on the recipient, it is recognised in income
only when the perfomance-related conditions have been met. Where grants received are prior to
satisfying the revenue recognitlon criteria, they are recognised as a liability.
Taxation
The charity is Considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010
and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from taxation in respect of income or capitsl gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are
applied exclusively to charitable purposes.
Tangible fixed assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated
depreciation and impalrment losses.
Depreciation and amortisation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,
over the usefvl economic lrfe of that asset as follows:
Asset class
Equipment
Fixtures and Fittings
Motor vehicles
Depreciation method and rate
150/0 reducing balance
33.330/0 Stralght line
250/0 reducing balance
St￿k
stocks are measured at the lower of cost and estimated selling price less costs to complete and sell.
Cost indudes all costs of purchase, costs of conversion and other costs incurred in bringing the stock
to its present location and condition.
Page 9

GSD 2000
Notes to the Financlal Statements for the Year Ended 31 March 2024
(contlnued)
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposlts. and other short-term highly
liquid investments that are readily convertible to a known amount of cash and are subject to an
insignificant risk of change in value.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in
furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes. the
use of which is restricted to that area or purpose.
Financial instruments
Classthcation
A financial asset or a financial liability is recognised only when the entity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any
related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideratlon
expected to be paid or received and not discounted.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of
impaimient at the end of each reporting date. If there is objective evidence of impairment. an
impaimient loss is recognised under the appropriate heading in the ststement of financial activities in
which the initial gain was recognised.
2 Income from donations and legacies
Unrestricted
funds
General
Total
2024
Donatlons and legacies;
Donations
Donations for dogs rehomed
Legacies
11,851
825
149.500
11,851
825
149,500
162
Page 10

GSD 2000
Notes to the Financial Statements for the Year Ended 31 March 2024
(continued)
Unrestricted
funds
General
Total
2023
Donations and legacies;
Donations
Donations for dogs rehomed
Legacies
10,864
310
226,278
10,864
310
226,278
3 Income from other trading activities
Unrestricted
funds
General
Total
2024
Shop income from sale of donated goods and services
Membershlp subscriptions
Sale of stcck
Memberannual raffle
Sundry income
66,636
1.110
66,636
1,110
375
6C
375
6C6
Unrestricted
funds
General
Total
2023
Shop income from sale of donated goods and seNices
Membership subscriptions
Sale of stc¢k
Member annual raffle
Sundry inwme
71,168
1,597
129
410
266
71,168
1.597
129
410
4 Investment income
Unrestricted
funds
General
Total
2024
Interest receivable on bank deposts
Page 11

GSD 2000
Notes to the Flnancial Statements for the Year Ended 31 March 2024
(continued)
Unrestricted
funds
General
Total
2023
Interest receivable on bank deFosiis
936
936
936
936
5 Expenditure on raising funds
a) Costs of generating donations and legacies
Unrestricted
funds
General
Total
2023
Event costs
69J
690
b) Costs of trading activities
Unrestricted
funds
General
Total
2024
Shop costs
Unrestricted
funds
General
Total
2023
Shop costs
Page 12

GSD 2000
Notes to the Financlal Statements for the Year Ended 31 March 2024
(continued)
6 Expenditure on charitable activities
Unrestricted
funds
General
Restricted
funds
Total
2024
Note
Charitable activities
Allocated support costs
38,673
2,881
10,203
48,876
2,881
51
Unrestricted
funds
General
Restricted
funds
Total
2023
Note
Charitable activities
Allocated support costs
33,589
2,018
7,907
41,496
2,018
51
7 Analysis of support costs
Support costs allocated to charitable activities
Total
2024
Total
2023
Sundry costs
Independent Examination fees
811
2,070
104
1,914
8 Net incomingloutgoing resources
Net incoming resources for the year include:
2024
2023
Depreclation of fixed a&8ets
39
9 Trustees remuneration and expenses
From time to time Trustees will make sundry purchases for which they are reimbursed against
receipts.
No other expenses were paid to Trustees during the year.
Page 13

GSD 2000
Notes to the Financlal Statements for the Year Ended 31 March 2024
(contlnued)
10 Staff costs
The aggregate payroll costs were as follows:
2024
2023
Staff costs during the year were:
Wages and salaries
Pension costs
29,848
392
27,869
297
The monthly average number of persons (including senior management I leadership team) employed
by the charity during the year was as follows:
2024
2023
Average number of persons employed
No employee received emoluments of more than £60,000 during the year
11 Independent examinerfs remuneTh*lon
2024
2023
Examination of the financial statements
Page 14

GSD 2000
Notes to the Flnancial Statements for the Year Ended 31 March 2024
{continued)
12 Taxation
The charity is a registered charity and is therefore exempt from taxation.
13 Tangible fixed assets
Furniture
and
equipment
Total
Cost
At 1 April 2023
At 31 March 2024
15,784
15,784
15,784
15,784
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
14,431
173
14.431
173
Net book value
At 31 March 2024
At 31 March 2023
14 Stock
2024
2023
stocks
15 Debtors
2024
2023
Trade debtors
Prepayments
1,107
513
35.738
358
16 Cash and cash equivalents
2024
2023
Cash at bank
559
Page 15

GSD 2000
Notes to the Financlal Statements for the Year Ended 31 March 2024
(contlnued)
17 Creditors: amounts falling due within one year
2024
2023
Trade Creditors
Other creditors
Accruals
245
626
1,914
377
2,064
18 Funds
Balance at
31 March
2024
Balance at 1
April 2023
Incoming
resources
Resources
expended
Unrestricted funds
General
General Funds
512,311
233.956
(87.044)
659.223
Restricted funds
Charity Assisted Dogs
Total funds
Balance at
31 March
2023
Balance at 1
April 2022
Incoming
resources
Resources
expended
Unrestricted funds
General
General Funds
280,108
311,958
(79,755)
512,311
Restricted funds
Charity Assisted Dogs
Total funds
The speclfic purposes for which the funds are to be applied are as follows:
Charity Assisted Dogs - the legacy income was received towards vet fees for dogs who have been
rehcrfned.
Page 16

GSD 2000
Notes to the Flnancial Statements for the Year Ended 31 March 2024
(continued)
19 Analysis of net assets between funds
Unrestricted
funds
General
Total funds
at 31 March
2024
Restricted
funds
Tangible fixed assets
Current 8S8ets
Current liabilities
1,180
1.180
733,257
72,773
Total net assets
Unrestricted
funds
General
Total funds
at 31 March
2023
Restricted
funds
Tangible fixed assets
Cu￿ent assets
Current liabilities
1,353
513,743
(2,785)
1,353
596,719
(2,785)
82,976
Total net assets
20 Related party transactions
There were no related party transactlons in the year.
Page 17