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|||||Page|
|---|---|---|---|---|
|Reference and Administrative||Details ofthe Company,|its Trustees and Advisers||
|Trustees'
Report|||||
|Independent
Auditors'|Report|on the Financial Statements||13-16|
|Statement ofFinancial|Activities|||17|
|Balance Sheet||||18|
|Statement ofCash Flows||||19|
|Notes to the Financial|Statements|||20 - 36|
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|||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
||||Note|2022|2022|2022|2021f|
|Income from:||||||||
|Donations
and legacies|||4|344,376|4,597,507|4,941,883|3,959,075|
|Other trading
activities|||5||4,237|4,237|4,566|
|Other income|||6||6,514|6,514|7,589|
|Total income||||344,376|4,608,258|4,952,634|3,971,230|
|Expenditure
on:||||||||
|Raising funds|||||1,484,467|1,484,467|1,118,749|
|Charitable
activities:||||||||
|Payments
to Hong||Kong||344,376|1,818,809|2,163,185|2,392,166|
|Public awareness||and education|||316,772|316,772|302,123|
|Other charitable|activities||||||8,292|
|Other charitable|activities||||10,860|10,860||
|Other expenditure|||||956|956|2,783|
|Total expenditure||||344,376|3,631,864|3,976,240|3,824,113|
|Net movement
in|funds||||976,394|976,394|147,117|
|Reconciliation
of|funds:|||||||
|Total funds brought||forward|||729,201|729,201|582,084|
|Net movement
in funds|||||976,394|976,394|147,117|
|Total funds carried||forward|||1,705,595|1,705,595|729,201|
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||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||||E||
|Cash flows from operating|||activities||||||
|Net cash|(used in) Igenerated||from operating||activities||150,276|(172,350)|
|Cash flows from investing||activities|||||||
|Purchase|oftangible fixed assets||||||(4,118)||
|Net cash|(used in)/provided||by investing|activities|||(4,118)||
|Change|in cash and cash|equivalents
in||the year|||146,158|(172,350)|
|Cash and|cash equivalents|at the beginning|||ofthe year||273,797|446,147|
|Cash and cash equivalents|||at the end of|the year|||419,955|273,797|
|The notes on pages 20 to 36|||form part ofthese financial|||statements|||
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||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2022|2022|2022|2021|
||E|E|E||
|Donations|344,376|2,865,845|3,210,221|3,189,582|
|Legacies||1,408,276|1,408,278|407,159|
|Gift aid||323,386|323,388|362,334|
|TOTAL 2021|411,748|3,547,327|3,959,075||
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022|2021|
|||F|F||
|Trading|income|4,237|4,237|4,566|
|TOTAL|2021|4,566|4,566||
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022|2021|
|||E|E||
|Unrealised
foreign exchange|gain/ (loss)|||1,014|
|Sundry income||6,514|6,514|6,575|
|TOTAL 2022||6,514|6,514|7,589|
|TOTAL 2021||7,589|7,589||
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2021|
||||F|F||
|Fundraising
and promotions|||692,808|692,808|370,905|
|Establishment
expenses|||60,442|60,442|75,852|
|Legal and professional||fees|7,407|7,407|10,701|
|Bank and handling|charges||49,426|49,426|42,063|
|Sundry expenses|||27,835|27,835|6,739|
|Travelling|||10,617|10,617|347|
|Printing,
postage and||stationery|41,970|41,970|46,352|
|Wages and salaries|||456,385|456,385|462,173|
|National
Insurance|||86,588|86,588|80,323|
|Pension costs|||45,318|45,318|18,590|
|Depreciation|||4,462|4,462|4,657|
|TOTAL 2022|||1,483,258|1,483,258|1,118,702|
|TOTAL 2021|||1,118,702|1,118,702||
##
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022|2021|
|||E|E||
|Merchandise|costs|1,209|1,209|47|
|TOTAL 2021||47|47||
##
||||Restricted|Unrestricted|||
|---|---|---|---|---|---|---|
||||funds|funds|Total|Total|
||||2022|2022|2022|2021|
||||F|F|F||
|Charitable|activities||344,376|2,146,441|2,490,817|2,702,581|
|TOTAL 2021|||411,748|2,290,833|2,702,581||
|Summary|by expenditure|type|||||
||||Staffcosts|Other costs|Total|Total|
||||2022|2022|2022|2021f|
|Charitable|activities||316,772|2,174,045|2,490,817|2,702,581|
|TOTAL 2021|||302,123|2,400,458|2,702,581||
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2021|
||||E|E||
|Foreign|exchange|losses|956|956|2,783|
|TOTAL|2021||2,783|2,783||
##
||Activities||||
|---|---|---|---|---|
||undertaken|Support|Total|Total|
||directly|costs|funds|funds|
||2022|2022|2022|2021|
||F|F|F||
|Direct costs|2,479,957|10,860|2,490,817|2,702,581|
|TOTAL 2021|2,694,289|8,292|2,702,581||
||||||Total|Total|
|---|---|---|---|---|---|---|
|||||Activities|funds|funds|
|||||2022|2022|2021|
|||||E|E||
|Public awareness||and|education|316,772|316,772|302,123|
|Programme|payments||to Hong Kong|2,163,185|2,163,185|2,392,166|
|||||2,479,957|2,479,957|2,694,289|
|TOTAL 2021||||2,694,289|2,694,289||
##
|10.|Analysis ofcharitable|Analysis ofcharitable|expenditure|by activities (continued)||||
|---|---|---|---|---|---|---|---|
||Analysis ofsupport costs|||||||
|||||||Total|Total|
||||||Activities|funds|funds|
||||||2022f|2022f|2021|
||Governance|costs|||10,860|10,860|8,292|
||TOTAL 2021||||8,292|8,292||
|11.|Auditors'
remuneration|||||
|---|---|---|---|---|---|
|||||2022|2021f|
||Fees payable to the company's||auditor for the audit ofthe company's|||
||annual accounts|||10,860|8,292|
|12.|Staffcosts|||||
|||||2022|2021f|
||Wages and salaries|||773,157|764,296|
||Social security costs|||86,588|80,323|
||Operating
costs ofdefined|benefit pension schemes||45,318|18,590|
|||||905,063|863,209|
|2022|2021|
|---|---|
|No.|No.|
|30|27|
##
|2022|2021|
|---|---|
|No.|No.|
##
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||Fixtures and|Office||
|---|---|---|---|
||fittings|equipment|Total|
||E|E|E|
|COST OR VALUATION||||
|At 1 January 2022|4,513|34,633|39,146|
|Additions||4,118|4,118|
|At 31 December 2022|4,513|38,751|43,264|
|DEPRECIATION||||
|At 1 January 2022|4,513|21,690|26,203|
|Charge for the year||4,462|4,462|
|At 31 December 2022|4,513|26,152|30,665|
|NET BOOK VALUE||||
|At 31 December 2022||12,599|12,599|
|At 31 December 2021||12,943|12,943|
##
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|15.|Stocks|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||E||
||Finished|goods and goods for resale||911|2,017|
|16.|Debtors|||||
|||||2022|2021|
|||||E||
||DUE WITHIN||ONE YEAR|||
||Trade debtors|||136,774|39,163|
||Amounts|owed by Hong Kong and other Animal Asias'||721|721|
||Other debtors|||1,695|1,695|
||Prepayments||and accrued income|1,256,540|541,476|
|||||1,395,730|583,055|
##
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##
|||||2022|2021|
|---|---|---|---|---|---|
|||||E||
|Amounts|owed to Animal Asia Germany||and Italy|43,479|15,066|
|Other creditors||||24,950|77,314|
|Accruals|and deferred|income||55,171|50,231|
|||||123,600|142,611|
||||2022|2021|
|---|---|---|---|---|
||||E||
|FINANCIAL ASSETS|||||
|Financial assets measured|at fair value through|income and expenditure|419,955|273,797|
##
##
|Statement offunds|||||||||
|---|---|---|---|---|---|---|---|---|
|Statement offunds|- current|year|||||||
|||Balance at|1||||Balance at|31|
|||January||||Transfers|December||
|||2022||Income|Expenditure|in/out|2022||
||||E|E|E|E||E|
|Unrestricted
funds|||||||||
|Designated
funds|||||||||
|Designated
Funds||509,253||||(509,253)|||
|General funds|||||||||
|General
Funds - all|funds|219,948||4,608,258|(3,631,864)|509,253|1,705,595||
|Total Unrestricted|funds|729,201||4,608,258|(3,631,864)||1,705,595||
|Restricted funds|||||||||
|End Bear Bile Farming||||208,473|(208,473)||||
|Cat and Dog Welfare||||11,230|(11,230)||||
|Captive Animal Welfare||||124,673|(124,673)||||
|||||344,376|(344,376)||||
|Total offunds||729,201||4,952,634|(3,976,240)||1,705,595||
##
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|Statement offund|s - prior ye|ar|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at||||31|
|||1 January|||Transfers|December|
|||2021|Income|Expenditure|in/out|2021|
|||E||E|||
|Designated
funds|||||||
|Designated
Funds||487,929|||21,324|509,253|
|General funds|||||||
|General
Funds||94,155|3,559,482|(3,412,365)|(21,324)|219,948|
|Total Unrestricted|funds|582,084|3,559,482|(3,412,365)||729,201|
|Restricted funds|||||||
|End Bear Bile Farming|||316,104|(316,104)|||
|Cat and Dog Welfare|||72,768|(72,768)|||
|Captive Animal Welfare|||22,876|(22,876)|||
||||411,748|(411,748)|||
|Total offunds||582,084|3,971,230|(3,824,113)||729,201|
##
||||||||Balance at|
|---|---|---|---|---|---|---|---|
||||Balance at 1||||31|
||||January|||Transfers|December|
||||2022|Income|Expenditure|in/out|2021|
||||E|E|E|E|E|
|Designated||funds|509,253|||(509,253)||
|General|funds||219,948|4,608,258|(3,631,864)|509,253|1,705,595|
|Restricted||funds||344,376|(344,376)|||
||||729,201|4,952,634|(3,976,240)||1,705,595|
|Summary||offunds - prior year||||||
||||||||Balance at|
||||Balance at||||31|
||||1 January|||Transfers|December|
||||2021|Income|Expenditure|in/out|2021|
||||||E|||
|Designated||funds|487,929|||21,324|509,253|
|General|funds||94,155|3,559,482|(3,412,365)|(21,324)|219,948|
|Restricted||funds||411,748|(411,748)|||
||||582,084|3,971,230|(3,824,113)||729,201|
##
|Analysis|ofn|et assets between funds - current ye|ar||
|---|---|---|---|---|
||||Unrestricted|Total|
||||funds|funds|
||||2022|2022|
||||E|E|
|Tangible|fixed|assets|12,599|12,599|
|Current|assets||1,816,596|1,816,596|
|Creditors|due|within one year|(123,600)|(123,600)|
|TOTAL|||1,705,595|1,705,595|
##
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|Analysis|ofn|et assets between funds - prior year|||
|---|---|---|---|---|
||||Unrestricted|Total|
||||funds|funds|
||||2021|2021|
|Tangible|fixed|assets|12,943|12,943|
|Current|assets||858,869|858,869|
|Creditors|due|within one year|(142,611)|(142,611)|
||||729,201|729,201|
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||E||
||Net income for the year (as per Statement of Financial|||Activities)|976,394|147,117|
||ADJUSTMENTS FOR:||||||
||Depreciation
charges||||4,462|4,672|
||Decrease/(increase)|in stocks|||1,106|(769)|
||(Increase)
in debtors||||(812,675)|(361,245)|
||(Decrease)/increase|in creditors|||(19,011)|51,251|
||NET CASH (USED IN)/PROVIDED||BYOPERATING|ACTIVITIES|150,276|(158,974)|
|23.|Analysis ofcash and cash equivalents||||||
||||||2022|2021|
||||||E||
||Cash
in hand||||419,955|273,797|
||TOTAL CASH AND|CASH EQUIVALENTS|||419,955|273,797|
##
|||||||At 1||At 31|
|---|---|---|---|---|---|---|---|---|
|||||||January||December|
|||||||2022|Cash flows|2021|
||||||||E|E|
|||||||E|||
|Cash|at|bank|and|in|hand|273,797|146,158|419,955|
|||||||273,797|146,158|419,955|
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|non-cancell|abl|e
operating
leases as follows:|||
|---|---|---|---|---|
||||2021|2021|
||||E||
|Not later than||1 year||4,584|
|Later than|1 year and not later than 5years|||4,553|
|||||9,137|
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