2023-03-31-accounts - The Friends Of The Strays Of Greece

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Treasurers Report 2021 / 22

Friends of the Strays of Greece.

Registered Charity Number: 1094238.

With consideration to the difficult economic climate we have all been enduring over the period, further exacerbated toward financial year end by the Russian invasion of Ukraine, which, in turn, has had further worlwide repercussive upward pressure for the cost of our food, fuel and many other staple products, the charity has been able to turn in a very respectable set of figures. As ever, this is thanks to the people who support the cause, many having done so through thick and thin over the years and continue to do so despite those rising costs all around. Additionally, this has been underpinned by new and very welcome supporters to the charity. On behalf of the Trustees, a big, “thank you “, to all!

The breakdown for the 2022 year end set of results, are as follow.

For the second consecutive year, the charity has attracted no new membership which I believe is down to peoples changing approach as to how they make their decisions when contributing. Similarly over the twenty-four months, membership renewals reveal a downward trend, ending the year at £4,217 compared with £4,710 previously. With effect from the 2022 / 2023 year start for accounting purposes, these two items will be merged.

Combined regular monthly and capital sum donations to March 2021 year end were £110,957 and compare favourably with £83,486 for last time. Additionally, homing donations over the

same time frame saw a healthy increase at, £26,296 and equate with £20,110 previously. Together the figures for these two accounting constituents are £137,254 for 2022 year end and £103,596 previously and this represents a 32% increase year on year.

On a similar percentage trajectory increase, fundraising activity during the most recent year totalled £25,111 against £17,248 for the 2021 year end.

Always a welcome boost to each year’s bottom line, isolated from miscellaneous items, Gift Aid to the end of the previous accounting year was £16,788.55 whilst to end March 2022 it came in at £18,711.93. Again, a reflection of the donation increase over the year made by loyal supporters.

It should be noted that the Lloyds bank account originally used for the now defunct charity shop has not as previously advised, taken on a name change and remains open. Carrying the same title, it is now used to collect proceeds of raffles and donations etc over the course of the year before then being subsequently transferred to the main charity account. The Friends of the Strays of Greece shop account was empty of funds by the end of the accounting year and this pattern will remain in place for the foreseeable future and until further notice.

Advertising costs are a little lower than for last year. Bringing dogs to the UK to a much better life and forever homes has seen an increase in expenditure. Dog transportation and associated costs to the 2021 financial year end were £16,730 and this year they have been £23,339. The charity van, inclusive of fuel expenses, over the year, saw a final total cost of £904 which compares favourably with £1,694 last time. Telephone charges are also lower for this current year at £622. Last year they were £720. Postage and shipping costs follow the same trend this year as the two afore mentioned items, being just over £500 lower than the year before.

Fundraising expenses at just over £1,800 to 2022 year end are much the same as for the previous financial year.

Veterinary spend in the UK has fallen from £693 during 2021 to £565 more recently.

As noted on page three of three within, the “summary” pages accompanying this report, the charity has experienced significant difficulties with funds sent from the UK account, for deposit within the equivalent Greek account and subsequently regaining access for forward transition to the causes the charity supports. As a consequence, in order to keep the Greek account open it now holds only a few Euros and the footprint of how money is now sent to Greece has altered by means of utilising the Paypal facility.

In light of the above, funding for Greek vets and nurses along with animal medication and food costs is no longer a fair like for like, year on year comparison because they now form a part of those Paypal transactions.

All monies transferred to Greece to the end of the 2022 year amounted to £112,265 which is an increase of £20,266 from last years £91,998.

Total net receipts after payments, (formerly referred to as net income over expenditure) have staged a remarkable increase at £41,654.15 this year over the £27,299.17 for the same period last time.

Against the odds of events worldwide, negatively impacting on business and individuals alike, rippling to as yet, not fully known or understood financial consequences, it is only due to the dedication and hard work of people supporting this charity, that the most recent financial year has been very positive. As ever, thank you to all who have been involved and please continue to keep the faith.

Chris Ansdell.

(Treasurer)

Friends of the Stra of Greece Summa Re istered Chari Number 1064238. Pa elof3. Receipts and Payments accounts for the year endlng 31". March. Receipts 2023 2022 New Member Membershlp Renewals 3,977.10 4,217.10 Donatlons Ine of standlng orders 8S,564.02 110,957.64 Homlng Donatlons 22.086.00 26,296.00 Fundralsln8 Event5 28,017.94 25,111.70 Gift Aid & Miscellaneous 25,009.70 18,752.91 Interest Recelved 224.35 11.81 Everycllck Ltd recelpts 15.48 Glveas youllve Ltd 55.53 36.58 Total Net Recelpts 185 399.22

Friends of the Stra of Greece Summa Re ed Char. Number 1064238. Payments 2023 2022 Advertising 268.62 159.54 Dog Transport 18.031A2 23,339.26 Van & fuel expenses 2,869.79 904.62 Postage & Shipping 443.28 358.14 Telephone 651.27 622.14 Printin81 Stationary 539.99 1,970.32 Fundraising Expenses 3,509.54 I08.58 UK Vet fees 695.36 565.50 Vets & dru8s etc to Greece 25A75.02 1.006.96 Sundrles 580.00 Bank charges for money transfers Nll 165.00 Money transfers to Greece 86,586.65 112,265.01 Total Payments 139 610.94 143 745.07 Net of Recelpts / Payments 25,323.70 41,654.15 Cash fund5 last year end 285,391.86 243,737.71 Cash funds thls year end 310 715.56 285 391.86 Comprlsln8 of:_ Current account 192.227.13 167,183.31 Deposlt account 118 118 208.55 Total cash account 310,715.56 Z85,391.86 *above referen. "bank charges for money transfers": charges no longer apply above due to the cessation of sending monies to the charity Greek

bank account. The reason being, the Greek bank was making life impossible to smoothly transact monies when instructed and hence, instead, the decision made to forward funds directly via Paypal to each individual chosen destination and this may be referred to and seen on the main Lloyds bank statement. Notes to the accounts: There are no other assets and liabilities in the charity other than the cash funds. All funds are restricted to the general purposes of the charity and no additional restrictions have been imposed. Related Party Transactions: The charity Greek bank account held in the names of Linda and Mark Purden, who are also trustees, was formerly used to accept money transfers from the UK Uoyds bank account to Greece and onward transition to the chosen causes. The Greek bank account remains open with a nominal few Euros. These accounts were approved by...... a i NIcvCrI, on behalf of the trustees, Page 3 of 3.

'AIMS Accountants for Business The Trustees The Friends ol the Strdys of Greece Clifford Cross Cottag& Drewsteignton Exeter Devon EX6 6QD 27th November 2023 Dear Trustees I rewrt to the Iruslees oft my examinatK>n of the acLa)unts of thè Fri8nd8 of the Strays of Gr (the Charity) for the year endgj 31 March 2023. RpOnSIbIlItIeS #nd bul• of r•port As the charity trustses you a fesponsible for the Prepara of the Charity's accounts in a¢Mrdance with the requirèments of the Charities Acl 2011 (Ihe ACVI. I report in respect of my oxaminatb)n of the Chanty'8 accounts caniod t undor stlon 145 of tha 2011 Act and in carrying out ry examina1k I have foll(Yd all the arolicable DIreCtnS gwen by the Chaty Commi88i(Jn under sectlan 145(51(b> of the kL Indopond?nt examln•V• •tat•m• I have completed my examination. l ¢onfinn that no matenal matters have come to my attention in connection wlth the examination gNing me cause to bele that in any material spect. a¢¢ountlng record$ were not kept in res of the Charity as required by se¢ts¢)n 130 of the Act.. or 2. the accounts do not LXd with those records,. 3. the aUnts do not compty with the applKable requireffents ¢on¢eming the form and content of accounts sel out in the CharTrt (Accounts and Reports) Regulations 2008 other than any requirement that the accounts gNe a 'true and fair view which ts not a matter considered as part of an independent examination. I have no concem$ and have come across no other matters in wnne¢lion wth the examination to which attention should be drawn in tr+ts rep in order to enable a proper understanding of accounts to be reached. Tim Daunt, Merriefield Lirnited Chartered Accountant TIM Daun¢ ACA 64 Merriefiekl Avenuè, Broad8ioM, DorseL PH18 8DB T." 01202 603905 M.. 07764 452840 E.. Iwn.daunaC4. I W. 8h18 6.8