Treasurers Re ort 2023 24 Frlends of the Strays of Greece Registered Charity Number: 1064238. This charity has performed well during the most recent accounting year, with increased total net receipts being a little over 12.75% higher than for 2022123 year end. As ever, thanks to all who through consistent and dlligent hard work, have contributed to and helped achieve this result. The 2024 year end accounting figures break down as follows: Membership Renewals have trended Just a Ilttle lower at £3,795 10 compared with £3,977.10 previously. There were no new membershlp subscriptions this year. Combined capitsl and regular monthly donations amounted to £91,592.03, representing slightly over 7%11ft on the 2023 year end. Homlng donations have been comfortably higher, ending the year with a total sum of £35,805. This compares favourably wlth £22,086 previously. Solid and hard fought for work by supporters on behalf of the charity, in respect of fundralsing events, resulted in an achieved total of £29,678.25, representing a healthy uplift on £28,017.94 last year. The claim for Gift Aid amounted to £14,779.28. The previous year, the figure was £18,368.53 and although on face value, that was a little over 18% less, donations upon which gift aid is claimable are made only through those donations we know qualify. Increasingly• wlth the Internet banklng vehlcles avallable, donatlons do not
necessarlly come to the charity directly from the standing order system source. Therefore, this results In a percentage revenue stream upon which we are unable to establish gift aid qualification. Further. during this accounting year, the charity was very fortunate to be chosen to benefit from an increase in bequest donations; thank you. Happilyi as previously stated, donations staged an increase over last year and the above serves to explain the composition of revenue streams, vary each year. Advertising costs have been significantly lower this year. The cost of dog transportation on the other hand, was conslderably higher: the year-end total being £29,121.93 against £18,031.42 last year. The charity van, formerly used for transportation of dogs and cats from Greece to their new homes in the UK, was sold in June 2023 and In part by subsequently referring to an outside transport company, costs are higher. With the advent of Brexit, the rules and regulations of animal transportation from mainland Europe to the UK together wlth increased fuel costs have all fed into the jump in costs of animal homing. Telephone costs thls year have increased by a little under 9% whilst postal expenses have fallen from £443.28 for 2022123 to £343.11 this time. Fundralslng expenses are hlgher thls year beln& £4,704.93 comparlng wlth the previous accountlng year when they amounted to £3,509.54. UK vet costs proved much lower for this year, total being £96.86 and considerably lower than the £695.36 previously. By contrast, veterinary and nurse services together with associated medication, conveyed from the UK to Greece together with Greek vet fees saw much increased activity this year. The cost over the term was £43,036.50 up from £25,475.02 the prevlous year.
Money transfers to Greece to benefit various causes, including animal food and shelters etc, are lower at £73.002.43. Last time the total was £86,586.65. This accounting years total payments /costs, have increased from the last being. £152.408.94 against £139,610.94.Net receipts ended higher at £33,620.79 whilst for 2022 123 they were, £25,323.70. By way of institutional diversification, (not keeping all charlty monies in one basket) and taking advantage of the long awaited Increase in interest rates for savers, (making a percentage of capital work harder for the charity) during October 2023, a decision was taken to transfer £85,000 from Lloyds Bank Into a short term and potentially renewable, cash bond with the Cambridge Bank. The interest return from the latter Is hlgher than Lloyds whilst reducing the exposure to only one bank. Cambridge Bank is a UK authorised bank and as such, valldates under the Flnanclal Servlces Compensatlon Scheme, (FSCS).Note, In the event of a bank failure, the maxlmum compensatlon per bank is £85,000 and under such circumstances, any monies held over and above that flgure would not be compensated. Much gratltude to all who contlnue to devote time, effort and funding to this charity. In turn, the dogs and cats of Greece Ilve improved lives with medication, food and shelter. The really lucky ones travel to the UK and their forever, loving homesl This continued support is vital and so please do, keep the faith. Chris Ansdell (Treasurer)
Friends of the Stra of Greece Summa Re istered Charit Number 1064238. Pa elof3. Receipts and Payments accounts for the year ending 31 . March. Recelpts 2024 2023 New Members Membership Renewals 3,795.10 3,977.10 Donatlons Ind of standing orders 91,592.03 85,564.02 Homing Donations 35,805.00 22,086.00 Fundraising Events 29,678.25 28,017.94 Glft Aid & Mlscellaneous 23,881.26 25,009.70 Interest Recelved 1,261.75 224.35 Glve as you live Ltd 16.34 55.53 Total Net Recelpts 186 029.73 164 934.64
Friends of the Stra of Greece Summa Re ed Chari Number 1064238. Payments 2024 2023 Advertising 78.02 268.62 Dog Transport 29,121.93 18,031.42 Van & fuel expenses 364.61 2,869.79 Postage & Shlpping 343.11 443.28 Telephone 708.19 651.27 Printing / Statlonary 376.36 539.99 Fundralslng Expenses 4,704.93 3,509.54 UK Vet fees 96.86 695.36 Vets & Drugs etc to Greece 43,036.50 25,475.02 Sundries 576.00 540.00 Money transfers to Greece 73,002.43 86,586.65 Total Payments 152 408.94 139 610.94 Net Receipts / Payments 33.620.79 25,323.70 Cash funds last year end 310,715.56 285,391.86 Cash funds thls year end 344 336.35 310 715.56 Comprlslng of:. Current account 139,569.83 192,227.13 Deposit account 119,766.52 118,488.43 Transfer to Cambrldge Bank 85 000.00 Total cash account 344,336.35 310,715.56 Transfer made 11/10123, to reduce capital held with Lloyds & increase Interest factor via a Cambridge Bank bond upon elected monles transferred.
Treasurers Report 2023124 Friends of the Strays of Greece Registered Charity Number: 1064238. Pa e3of3. Notes to the accounts: There are no other assets and Ilabilitles In the charlty other than the cash funds. Interest on Cambridge Bank bond as above has not been applied within thls accounting year. 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, also being trustees, wa5 formerly used to accept money transfers from the UK Lloyds 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............................ on behalf of the trustees. Dated. aw.- i D- 2c>
"AIMS Accountants for Buslness The Trustees The Friends of the Strays of Greece Clifford Cross Cottage Drewsteignton Exeter Devon EX6 6QD 29 October 2024 Dear Trustees I report to the trustees on my examination of the accounts of the Friends of the Strays of Greece (the Charity) for the ye8r ended 31 March 2024. Ro$pon8lbllltle8 and ba818 of rnport As the charty trustees you are responsible for the preparation of the Charity's accounts in accordance with the requirements of the Charitie8 Act 2011 ('the Act,). I report in respect of my examination of the Charity's accounts carried out under 8ection 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. Independent examlnorf8 Ststsment I have completed my examination. I confimi that no material matters have come to my attention in connection with the 8x8mination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Charty 88 required by section 130 of the Act,. or 2. the accounts do not accord wtth those record8,' or 3. the accounts do not comply with the applicable requirement8 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 concerns 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. Tim Daunt, Merriefield Limited Chartered Accountant TIM Daurt ACA 64 Merriefield Avenue, Broadstone. Dornet. BH18 8DB T: 01202 603905 M.. 07764 452840 E.. ts'rn.daun aIms.co. | W.. .alms.c .uk FarfDership Lt