2020-12-31-accounts - Worldwide Veterinary Service

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TRUSTEES' REPORT
LEGAL AND ADMINISTRATIVE INFORMATION
INDEPENDENT AUDITORS' REPORT
STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET	10
STATEMENT OF CASH FLOWS
NOTES TO THE FINANCIAL STATEMENTS	12

Status			The organisation	is a company	is a company	is a company	limited	limited	guarantee,	guarantee,	incorporated	on 21
			May 2003 in England		and	Wales		and	registered		as a charity	on 3
			November 2003.
Company		Number	04773693
Charity	Number		1100485
Registered		Office	4 Castle Street
			Cranborne
			Dorset
			BH21 5PZ
Patron			The Countess of	Shaftesbury
Trustees			N J Bell
			J DGaye
			R C Lowe
			Dr R Melianby
			C Munns
			C Rutland
			L Ward
Chief Executive			L Gamble
Other Key		Management	Andy Gibson —Director		Strategic Research
			Frederic Lohr —Director		Strategic Partnerships
			Ilona Otter —International		Director			ofVeterinary		Training
			lan Clarke —Director of Operations					Thailand
			Tom Evans —Head ofTechnology
			Gareth Thomas —Director of			Education
			Duncan Hook —Head of Marketing
			Francesca Winterton —Head			of	Philanthropy
Bankers			Lloyds Bank Pic
			82 High Street
			Honiton
			EX141JJ
Auditors			Hazlewoods LLP
			Windsor House
			Bays hill Road
			Cheltenham
			GL50 3AT

						2020	2019
				Unrestricted	Restricted	Total	Total
			Note			E
Income &Endowments		From:
Donations and legacies				75,829	3,434	79,263	269,877
Charitable activities				211,340	1,196,603	1,407,943	1,521,429
Investments				357	30	387	973
Total Income				287,526	1,200,067	1,487,593	1,792,279
EXPENDITURE ON:
Charitable activities				(671,793)	(1,265,117)	(1,936,910)	(1,735,089)
Total expenditure				(671,793)	(1,265,117)	(1,936,910)	(1,735,089)
NET (EXPENDITURE) I		INCOME		(384,267)	(65,050)	(449,317)	57,190
Transfers between	funds			(169,006)	169,006
NET MOVEMENT	IN FUNDS			(553,273)	103,956	(449,317)	57,190
RECONCILIATION	OF FUNDS:
Total funds brought	forward			772,614	33,143	805,757	748,567
TOTAL FUNDS CARRIED				219,341	137,099	356,440	805,757
FORWARD

				2020	2019
			Note
FIXEDASSETS
Tangible fixed assets				191	2,301
CURRENT ASSETS
Debtors			10	19,437	726
Cash at bank and	in hand			379,979	820,557
				399,416	821,283
CREDITORS: AMOUNTS		DUE WITHIN ONE YEAR		(43,167)	(17,827)
NET CURRENT ASSETS				356,249	803,456
TOTAL ASSETS	LESSCURRENT LIABILITIES			356,440	805,757
NET ASSETS				356,440	805,757
FUNDS
Unrestricted funds			12	219,341	772,614
Restricted funds			13	137,099	33,143
TOTAL FUNDS			14	356,440	805,757

				Notes	2020	2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by operating activities					(440,965)	59,996
CASH FLOWS FROM INVESTING	ACTIVITIES:
Purchase of property and other fixed assets
Interest income					387	973
Net cash provided by / (used in) investing		activities			387	973
CHANGE IN CASH AND CASH EQUIVALENTS FOR THE					(440,578)	60,969
YEAR
Cash and cash equivalents brought	forward				820,557	759,588
CASH AND CASH EQUIVALENTS	CARRIED FORWARD
AT 31 MARCH					379,979	820,557
a) Reconciliation of net income/(expenditure)			to net cash	flow from	operating	activities
					2020	2019
Net income for the year as per the
Statement of Financial Activities					(449,317)	57,190
Adjusted for:
Depreciation					2,110	2,296
Investment income					(387)	(973)
Decrease in debtors					(18,711)	2,874
Decrease in creditors					25,340	(1,391)
Net cash provided by operating activities					(440,965)	59,996
b) Analysis ofcash and cash equivalents
					2020	2019
Cash at bank and in hand					379,979	820,557

NET INCOME/EXPENDITURE FOR THE Y	NET INCOME/EXPENDITURE FOR THE Y	EAR
This is stated after charging:			2020 E	2019
Depreciation oftangible	fixed assets: owned	by the charity	2,110	2,296
Auditors' remuneration			5,500	5,500
Operating lease rentals:	land and buildings		20,700	20,700

ONATION	S AND L	EGACIES
					Total	Total
			Unrestricted	Restricted	2020	2019
Donations	(including	Gift Aid claimed)	75,829	3,434	79,263	269,877
Legacies
			75,829	3,434	79,263	269,877
2019total			255,873	14,004	269,877

				Total	Total
		Unrestricted	Restricted	2020	2019
				f	f
Fundraising	events	63,459	4,544	68,003	83,841
Course money		43,860		43,860	349,184
Commission
Grants		103,165	1,192,016	1,295,181	1,084,910
Other income		856	43	899	3,494
		211,340	1,196,603	1,407,943	1,521,429
2019Total		513,324	1,008,105	1,521,429

						Direct	Support	Total	Total
						Costs	Costs	2020	2019
								f
Staff costs (note 7)						906,004		906,004	573,355
Drugs and equipment						15,583		15,583	15,075
Fundraisina costs						28,394		28,394	24,463
Trip equipment costs						481		481	894
Flights, travel and medical		expenses				11,120		11,120	41,331
Computer and website	maintenance				costs	22,331		22,331	14,473
Motor expenses						1,017		1,017
Travel and subsistence	(including			visas)		208		208	11,675
International Training	Centre costs					221,373		221,373	228,680
Project costs						526,045		526,045	548,122
Mission Rabies —project costs						48,360		48,360	77,772
Truck costs Itraining (including			staff		costs, note 7)	35,630		35,630	41,641
US project costs (including		staff	costs, note 7)						5,955
Shelter project costs
Advertising and marketing							24,485	24,485	44,291
Printing, postage and	stationery						6,472	6,472	14,125
Rent and rates							17,954	17,954	26,806
Repairs and maintenance							482	482	5,537
Office supplies							5,728	5,728	13,267
Telephone							2,847	2,847	1,349
Depreciation							2,110	2,110	2,296
Bank charges							9,750	9,750	8,461
Utilities							3,959	3,959	4,876
Legal, professional and insurance							32,852	32,852	18,789
Staff training 8 CPD							866	866	1,495
Sundry expenses									1,505
Accountancy fees									8,824
							12,859	12,859
						1,816,546	120,364	1,936,910	1,405,389
						1,583,468	151,621	1,735,089

STAFF CO	STS AND	STS AND	STS AND	NUMBERS
Staff costs	during the			year were as	follows:	2020	2019
							f
Charitable	Activities:
Salaries and		wages				571,365	314,886
Employers'		National	Insurance costs			55,933	27,099
Employers'		pension	contributions			11,686	5,729
						638,984	347,714
Sub-contractors on			projects			275,027	238,816
						914,011	586,530
The average		number		ofemployees	during the year was as follows:
						2020	2019
						No.	No.
Average number of			employees			24	18

9.	TANGIBLE FIXEDAS	SE	TS
				Plant	and	Computer		Fixtures and
				Equipment f		Equipment f		Fittings f		Total f
	Cost
	At 1 January 2020 and	at	31 December	95,397		9,188			8,868	113,453
	2020
	Depreciation
	At 1 January 2020			93,851		8,433			8,868	111,152
	Charge for the year			1,518			592			2,110
	At 31 December 2020			95,369		9,025			8,868	113,262
	Net book Value
	At 31 December 2020				28		163			191
	At 31 December 2019			1,546			755			2,301
10.	DEBTORS
								2020		2019
								f		f
	Prepayments and accrued		income					19,437		726
								19,437		726
11.	CREDITORS: AMOUNTS		DUE WITHIN ONE YEAR
								2020		2019
								E
	Social security and other taxes							12,335		9,468
	Accruals and deferred	income						30,832		8,359
								43,167		17,827

		Balance at	Incoming	Outgoing	Transfers	Balance at
		1Jan 2020 f	Resources	Resources	in/(Out) f	31 Dec 2020 f
General	funds	772,614	287,526	(671,793)	(169,006)	219,341

		Balance at	Incoming	Outgoing	Transfers	Balance at
		1Jan 2019	Resources	Resources	in/(Out)	31 Dec 2019
					E
General	funds	651,273	770,103	(531,542)	(117,220)	772,614

			Balance at	Incoming	Outgoing	Transfers	Balance at
			1Jan 2020	Resources	Resources	In/(out)	31Dec2020
				E	E		E
Marchig	Vet Support	&Aid Parcels		502,089	(379,617)		122,472
Hicks				167,695	(230,226)	62,531
Thailand	ITC			233,494	(308,666)	75,172
Goa, India ITC				250,667	(250,598)		69
Thai Shelter				635			635
Working	Equines		24,235	15,487	(25,799)		13,923
Truck Training				30,000	(35,630)	5,630
Zambia	Wildlife Project		4,560			(4,560)
Jamste	Project		4,348		(34,581)	30,233
			33,143	1,200,067	(1,265,117)	169,006	137,099

Compara	tive movements on restricte	d funds for th	e year ende	d 31 Decemb	er 2019:
		Balance at	Incoming	Outgoing	Transfers	Balance at
		1Jan 2019	Resources	Resources	In/(out)	31Dec2019
			F	F		F
Marchig	Vet Support 8 Aid Parcels	69 181	2QQ QQQ	(347798)	78,617
Goa, India ITC		4,998	423,042	(429,872)	1,832
Thailand	ITC		261,625	(266,582)	4,957
Thai Shelter			1,016	(24,683)	23,667
Working	Equines	23,115	60,141	(59,021)		24,235
Truck Training			33,494	(41,641)	8,147
Armenia
Zambia	Wildlife Project			4,560		4,560
Jamste	Project		42,858	(38,510)		4,348
		97,294	1,022,176	(1,203,547)	117,220	33,143

ANALYSIS	OF NET ASSETS BETWEEN FUN	DS
			Net current
		Fixed assets	assets I	Total
			(liabilities)
Restricted funds			137,099	137,099
Unrestricted	funds	191	219,150	219,341
Net Assets	at the end ofthe year	191	356,249	356,440

Comparative	movements on unrestricted funds	for the year ended 31 Dec	ember 2019:
			Net current
		Fixed assets	Assets	Total
			f
Restricted funds			33,143	33,143
Unrestricted	funds	2,301	770,313	772,614
Net Assets	at the end ofthe year	2,301	803,456	805,757

			Funds	Funds	2019
			Unrestricted	Restricted	Total
				f	f
INCOME AND ENDOWMENTS		FROM:
Donations and legacies			255,873	14,004	269,877
Charitable activities			513,324	1,008,105	1,521,429
Investments			906	67	973
Total income			770,103	1,022,176	1,792,279
EXPENDITURE ON:
Charitable activities			531,542	1,203,547	1,735,089
Total expenditure			531,542	1,203,547	1,735,089
NET (EXPENDITURE)/INCOME			238,561	(181,371)	57,190
Transfers between	funds		(117,220)	117,220
NET MOVEMENT	IN FUNDS		121,341	(64,151)	57,190
RECONCILIATION	OF FUNDS:
Total funds brought	forward		651,273	97,294	748,567
TOTAL FUNDS CARRIED FORWARD			772,614	33,143	805,757