Northumberland Greyhound Rescue Treasurers Cover Note - 2023 Financial Year
Period covering 1[st] January 2023 – 31[st] December 2023
In 2023 NGR undertook an exercise to spread the balance of its funds across multiple savings accounts to ensure the maximum balance on each account doesn’t exceed the £85,000 FSCS compensation limit should a bank cease trading. Additionally, two business savings accounts were opened to put money into reserve and earn good interest rates for the charity.
Also, in 2023 the original HSBC current account used for daily financial transactions was considered not fit for purpose due to the excessive monthly bank charges being imposed when Virgin Money supports an account with zero bank charges for charities. The trustees of the charity agreed the closure of the HSBC account and opening of a Virgin Money account
The 2023 financial period continued like most before it, cash reserves remain stable due to no significant expenditure being made and the large majority of our income is donations made by the public, either as the recommended donation fee or by supporters of the charity
Further significant 2023 income comes from a bond scheme operated by the Greyhound Board of Great Britain who operate a policy of taking a bond for dogs that race with the view of returning it when the dog owner provides evidence that it will be looked after when it retires, if the dog comes for rehoming we utilise the bond to provide for its care instead of the owner
By far the biggest 2023 expenditure is for kennel bills, food and care for the dogs while homes are found for them.
Northumberland Greyhound Rescue Accounts 2023 Financial Year
Period covering 1[st] January 2023 – 31[st] December 2023
| Summary Income/Expenditure Figures for 2023: | Summary Income/Expenditure Figures for 2023: | Summary Income/Expenditure Figures for 2023: | |
|---|---|---|---|
| HSBC income: | £20,475.86 | HSBC expenditure: | £11,621.20 |
| Virgin Money Income: | £53,958.09 | Virgin Money expenditure: | £54,261.09 |
| Income Total: | £74,433.95 | Expenditure total: |
£65,882.29 |
| Total Balance Increase for | 2023: £8551.66 |
Page 1.
HSBC (Account Closed 01/11/2023) NGR Accounts Statement
2023
1st January 2023– 1[st] November 2023
| INCOME | |
|---|---|
| Adoptons for Dogs: | £1560.00 |
| GBGB – Bond Scheme: | £1600.00 |
| Event donatons | N/A |
| Donatons via. PayPal: | £2754.41 |
| Donatons from educatonal talks | N/A |
| Donatons from Funerals, In Memorials and Legacies lef in Wills: | |
| John Parmley funeral | £47.00 |
| Ann Scallon (completon of estate) | £13,621.78 |
| Donatons from Greyhound Trainers: | £145.00 |
| Online Giving Sources: | £494.67 |
| *Amazon Partnership, CAF, Benevity, Charites Trust | |
| General Donatons: | £93.00 |
| *General donatons from public and supporters | |
| *********** | |
| Monthly Recurring Donatons (x2): | £160.00 |
| *D.Hall, Monthly donaton for Ben |
HSBC - Income for 2023:
£20,475.86
Page 2.
Virgin Money (Account Opened 09/02/2023) NGR Accounts Statement 2023
9[th] February 2023– 31[st] December 2023
| INCOME | ||
|---|---|---|
| Adoptons for Dogs: | £12325.00 | |
| GBGB – Bond Scheme: | £16000.00 | |
| Events Donatons: | ||
| Great Greyhound Walk - Hexham | £2296.79 | |
| Marilyn Murray – various events/table top/car boot sale | £1020.00 | |
| Druridge Bay extravaganza | £814.43 | |
| Northlea nursing home open day | £641.25 | |
| Xmas Hamper rafe | £505.00 | |
| Sponsored slim | £350.00 | |
| Manor Walks | £250.00 | |
| Halloween Dog walk | £101.00 | |
| Easter rafe | £100.00 | |
| Sales of NGR branded clothing | £63.00 | |
| Donatons via. PayPal: | £1723.70 | |
| Donatons from Educatonal Talks: | £358.40 | |
| Donatons from Funerals, In Memorials and Legacies lef in Wills: | ||
| Ann Scallon (completon of estate) | £13,621.78 | |
| Lef in will of Jean White | £500.00 | |
| Funeral donate - Robert Graham | £185.00 | |
| Funeral donate - Ruby | £150.00 | |
| Tracy king (in memory of dad) | £100.00 | |
| Donatons from Greyhound Trainers: | £650.00 | |
| Online Giving Sources: | £197.53 | |
| *Amazon Partnership, CAF, Benevity, Charites Trust | ||
| General Donatons: | ||
| *General donatons from public and supporters | £1551.11 | |
| ************** | ||
| Donatons from David Gibson/Brethren of Duke of Connaught Lodge: | £454.10 |
Virgin Money - Income for 2023:
£53,958.09
Page 3.
HSBC (Account Closed 01/11/2023) NGR Accounts Statement
2023
1st January 2023– 01[st] November 2023
| NGR Accounts Statement 2023 1st January 2023– 01st November 2023 |
|
|---|---|
| EXPENDITURE | |
| Kennel Bills: | £7812.00 |
| Vets Bills: | £680.37 |
| GBGB bond costs: | N/A |
| Microchip Administraton: | £26.40 |
| *charges for changing names/addresses on chips | |
| Leads and Muzzles for Kennel Dogs: | £222.00 |
| Supplementary Food Items for kennel dogs: | £22.23 |
| *Sardines, Bones | |
| Miscellaneous expenses for foster dogs | N/A |
| Generic medicaton for kennel dogs: | £452.97 |
| Vaccinaton for untreated dogs: (x5) | £75.00 |
| Authorised Mileage Payments | £173.70 |
| *Volunteers using their own vehicle for welfare purposes, i.e. to and from vet | |
| Event setup expenses: | N/A |
| Business Phone Monthly charges up to July 2023: | £91.00 |
| Shed Purchase, Build and Shelving | £1979.98 |
| Bank Charges: | £57.40 |
| Misc:toothbrushes, toothpaste and Shampoo | £28.15 |
HSBC - Expenditure for 2023:
£11,621.20
Page 4.
Virgin Money (Account Opened 09/02/2023) NGR Accounts Statement
2023
| 2023 | |
|---|---|
| 9th February 2023– 31st December 2023 | |
| EXPENDITURE | |
| Kennel Bills: | £44045.28 |
| Vets Bills: | £5725.15 |
| Insurance cover untl May 2024: | £588.00 |
| GBGB bond costs: | £500.00 |
| Microchip administraton: | £60.00 |
| *charges for changing names/addresses on chips | |
| Leads and Muzzles for kennel dogs: | £978.00 |
| Supplementary food Items for kennel Dogs: | £101.18 |
| *Sardines, Bones | |
| Miscellaneous expenses for foster dogs: | £154.33 |
| *food items, beds etc | |
| Generic medicaton for kennel dogs: | £404.55 |
| *fea treatment, wormers, digestve aids | |
| Vaccinaton for untreated dogs: (x2) | £30.00 |
| Authorised mileage payments: | £533.70 |
| *Volunteers using their own vehicle for dog welfare purposes, i.e. to and from vet | |
| Event setup expenses: | |
| *Great Global Greyhound Walk, Druridge Bay | £495.94 |
| Purchase new business phone: | £110.97 |
| Business phone monthly charges from July 2023: | £137.77 |
| Purchase of NGR branded clothing: | £380.00 |
| Bank Charges: | £12.23 |
| Miscellaneous expenses:Amazon purchase | £3.99 |
| Virgin Money - Expenditure for 2023: | £54,261.09 |
| Page 5. |
Independent Examinerfs Report to the Trustees of Northumberland Greyhound Rescue I report to the trustees on my examination of the accounts of Northumberland Greyhound Rescue (the Trust) for the year ended 31 December 2022. Responslbllities and Basis of Report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the Trusvs accounts carried out under section 145 of the 2011 Act and in carrying out my examlnatlon I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent Examlnerfs 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 the Trust as required by section 130 of the Act,. or 2. the accounts do not accord with those records. 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. Signed: Name: Malcolm G Ebdon Lieutenant Commander (Hon) RN (Retired) Address.. 11 Ivy Road Walkerville Newcastle Upon Tyne NE6 4PU Date., 16July 2024