DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
**Registered number: 04735157 Charity number: 1103331**
## **PAWZ FOR THOUGHT**
**(A company limited by guarantee)**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 APRIL 2021**
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT**
## **(A company limited by guarantee)**
## **CONTENTS**
||Page|
|---|---|
|**Reference and administrative details of the charitable company, its Trustees and**|1 - 2|
|**advisers**||
|**Trustees' report**|3 - 5|
|**Independent examiner's report**|6|
|**Statement of financial activities**|7|
|**Balance sheet**|8 - 9|
|**Notes to the financial statements**|10 - 22|
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
**PAWZ FOR THOUGHT (A company limited by guarantee)**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 APRIL 2021**
## **Trustees**
Mrs J Adamson Mrs M L Ebdale, Chair Dr J Harvey Mrs V Johnson Mrs V Carter
## **Company registered number**
04735157
## **Charity registered number**
1103331
## **Registered office**
Howbridge House Ferryboat Lane North Hylton Sunderland Tyne and Wear SR5 3HW
## **Company secretary**
L J Regan
## **Accountants**
Ryecroft Glenton Chartered Accountants 32 Portland Terrace Newcastle upon Tyne NE2 1QP
Page 1
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT (A company limited by guarantee)**
**REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND ADVISERS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2021**
## **Bankers**
NatWest 52 Fawcett Street Sunderland Tyne and Wear SR1 1SB
Co-operative Bank Head Office PO Box 101 1 Balloon Street Manchester M60 4EP
CAF Scottish Widows Bank 67 Morrison Street Edinburgh EH3 8YJ
Page 2
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 30 APRIL 2021**
The Trustees present their annual report together with the financial statements of the charitable company for the year 1 May 2020 to 30 April 2021. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the charitable company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
## **Objectives and activities**
## **Policies and objectives**
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the charity commission relating to public benefit.
The objects for which the charitable company is established and its principal activities continues to be for the benefit of the public to relieve the suffering of animals in need of care and attention and in particular to provide facilities for the reception, care and re-homing of such animals.
## **Activities undertaken to achieve objectives**
The charitable company continues to raise funds towards the improvement of facilities for animals in the care of the charitable company.
## **Achievements and performance**
## **Review of activities**
A challenging year would be an understatement! However, with help from the Government and a great deal of ingenuity and hard work we have come through it. In some ways we may even be stronger. The shop volunteers have worked online to maintain a 'shop' income when the Sunderland shop was closed. Donations of goods were never a problem as 'spring cleaning' was the nations' hobby during lockdowns.
We continued re-homing animals throughout, once again using the internet, Google Earth allows a bird's-eye view of prospective homes! A big thank you to our vets Strachan, Tyson and Hamilton who were fantastic; we could not have worked without them going over and above their remit. All our animals went out vet checked, neutered and micro-chipped.
The Trustees are extremely proud of our volunteers' hard work and believe things can only get easier in the coming years.
Page 3
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT (A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2021**
## **Financial review**
## **Going concern**
After making appropriate enquiries and considering the possible effects of the coronavirus pandemic, the Trustees concluded that they have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
## **Reserves policy**
The trustees' policy is to hold free reserves equivalent to two year's expenditure in order to secure the continuation of activities and to reflect the requirement to care for some animals for the remainder of their lives. After the hoped for resolution of the pandemic the Trustees will be in a better position to carry out a review of our reserves policy.
## **Structure, governance and management**
## **Constitution**
The charitable company is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 15 April 2003 amended 26 March 2004.
The principal object of the charitable company is to relieve the suffering of animals in need of care and attention and in particular to provide facilities for the reception, care and re-homing of such animals.
There have been no changes to the objectives since the last annual report.
## **Methods of appointment or election of Trustees**
The management of the charitable company is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association.
## **Organisational structure and decision-making policies**
The Trustees meet regularly to manage the charitable company's affairs.
## **Plans for future periods**
It would be premature to make plans for the future while the charitable company is in the midst of the pandemic.
## **Members' liability**
The Members of the charitable company guarantee to contribute an amount not exceeding £10 to the assets of the charitable company in the event of winding up.
Page 4
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT (A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2021**
## **Statement of Trustees' responsibilities**
The Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 23 February 2022 and signed on their behalf by:
**Mrs M L Ebdale** (Chair of Trustees)
Page 5
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT (A company limited by guarantee)**
**INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 APRIL 2021**
## **Independent examiner's report to the Trustees of Pawz for Thought ('the charitable company')**
I report to the charity Trustees on my examination of the accounts of the charitable company for the year ended 30 April 2021.
## **Responsibilities and basis of report**
As the Trustees of the charitable company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charitable company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the charitable company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
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.
This report is made solely to the charitable company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charitable company's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charitable company and the charitable company's Trustees as a body, for my work or for this report.
Signed: Dated: 23 February 2022
Detlev Anderson FCA
RYECROFT GLENTON 32 Portland Terrace Newcastle upon Tyne NE2 1QP
Page 6
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT**
## **(A company limited by guarantee)**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 APRIL 2021**
|**Note**
**Income from:**
Donations and legacies
3
Other trading activities
4
Investments
5
Other income
6
**Total income**
**Expenditure on:**
Raising funds
7
Charitable activities
8
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2021**
**£**
**98,153**
**36,367**
**181**
**1,051**
**135,752**
**7,198**
**77,976**
**85,174**
**50,578**
**473,474**
**50,578**
**524,052**|**Total**
**funds**
**2021**
**£**
**98,153**
**36,367**
**181**
**1,051**
**135,752**
**7,198**
**77,976**
**85,174**
**50,578**
**473,474**
**50,578**
**524,052**|_Total_
_funds_
_2020_
_£_
_25,438_
_43,263_
_221_
_954_
_69,876_
_7,204_
_75,374_
_82,578_
_(12,702)_
_486,176_
_(12,702)_
_473,474_|
|---|---|---|---|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 10 to 22 form part of these financial statements.
Page 7
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT (A company limited by guarantee) REGISTERED NUMBER: 04735157**
## **BALANCE SHEET AS AT 30 APRIL 2021**
|**Note**
**Fixed assets**
Tangible assets
11
**Current assets**
Stocks
12
Debtors
13
Cash at bank and in hand
Creditors: amounts falling due within one
year
14
**Net current assets**
**Total assets less current liabilities**
**Total net assets**
**Charity funds**
Unrestricted funds
16
**Total funds**|**1,600**
**10,000**
**215,557**
**227,157**
**(846)**|**2021**
**£**
**297,741**
**297,741**
**524,052**
**524,052**
**524,052**
**524,052**
**524,052**|_200_
_10,000_
_145,361_
_155,561_
_(816)_|_2020_
_£_
_318,729_|
|---|---|---|---|---|
|||||_318,729_
_473,474_|
|||||_473,474_|
|||||_473,474_|
|||||_473,474_|
|||||_473,474_|
Page 8
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
# **PAWZ FOR THOUGHT (A company limited by guarantee) REGISTERED NUMBER: 04735157**
# **BALANCE SHEET (CONTINUED) AS AT 30 APRIL 2021**
The charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 23 February 2022 and signed on their behalf by:
## **Mrs M L Ebdale**
(Chair of Trustees)
The notes on pages 10 to 22 form part of these financial statements.
Page 9
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021**
## **1. General information**
Pawz for Thought is a charitable company, company number 04735157 and charity registration number 1103331. The registered office is Howbridge House, Ferryboat Lane, North Hylton, Sunderland, Tyne and Wear, SR5 3HW.
## **2. Accounting policies**
## **2.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the relevant version of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
Pawz for Thought meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **2.2 Income**
All income is recognised once the charitable company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the charitable company has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the charitable company, can be reliably measured.
Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.
Page 10
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021**
## **2. Accounting policies (continued)**
## **2.3 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.
Expenditure on raising funds includes all expenditure incurred by the charitable company to raise funds for its charitable purposes and includes costs of all fundraising activities events and noncharitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the charitable company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
## **2.4 Government grants**
Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of financial activities as the related expenditure is incurred.
## **2.5 Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charitable company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
## **2.6 Tangible fixed assets and depreciation**
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .
Depreciation is provided on the following bases:
- Freehold property 10% straight line depreciation - Fixtures and fittings 15% straight line depreciation
## **2.7 Stocks**
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
Page 11
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT (A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021**
## **2. Accounting policies (continued)**
## **2.8 Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **2.9 Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **2.10 Liabilities**
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the charitable company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
## **2.11 Financial instruments**
The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **2.12 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charitable company and which have not been designated for other purposes.
Investment income, gains and losses are allocated to the appropriate fund.
## **3. Income from donations and legacies**
|**Unrestricted**
**funds**
**2021**
**£**
Donations
38,153
Legacies
50,000
Government grants
10,000
98,153|**Total**
**funds**
**2021**
**£**
**38,153**
**50,000**
**10,000**
**98,153**|
|---|---|
Page 12
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021**
## **3. Income from donations and legacies (continued)**
|Donations
**4.**
**Income from other trading activities**
**Income from fundraising events**|_Unrestricted_
_funds_
_2020_
_£_
_25,438_|_Total_
_funds_
_2020_
_£_
_25,438_|
|---|---|---|
||||
|**Unrestricted**
**funds**
**2021**
**£**
Fundraising
126
_Unrestricted_
_funds_
_2020_
_£_
Fundraising
_5,346_
**Income from non charitable trading activities**|**Total**
**funds**
**2021**
**£**
**126**|
|---|---|
||_Total_
_funds_
_2020_
_£_
_5,346_|
|||
|**Unrestricted**
**funds**
**2021**
**£**
Sale of donated goods
32,608
Sale of donated rags and scrap
1,577
Insurance commission
2,056
36,241|**Total**
**funds**
**2021**
**£**
**32,608**
**1,577**
**2,056**
**36,241**|
|---|---|
Page 13
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021**
**4. Income from other trading activities (continued)**
## **Income from non charitable trading activities (continued)**
|Sale of donated goods
Sale of donated rags and scrap
Insurance commission|_Unrestricted_
_funds_
_2020_
_£_
_32,976_
_2,889_
_2,052_
_37,917_|_Total_
_funds_
_2020_
_£_
_32,976_
_2,889_
_2,052_
_37,917_|
|---|---|---|
**5. Investment income**
|**Unrestricted**
**funds**
**2021**
**£**
Investment income
181
_Unrestricted_
_funds_
_2020_
_£_
Investment income
_221_|**Total**
**funds**
**2021**
**£**
**181**|
|---|---|
||_Total_
_funds_
_2020_
_£_
_221_|
Page 14
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021**
## **6. Other incoming resources**
|Solar panel income
Solar panel income
**7.**
**Expenditure on raising funds**
**Costs of raising voluntary income**
Expenditure on raising voluntary income
**Costs of raising voluntary income (continued)**
Expenditure on raising voluntary income|**Unrestricted**
**funds**
**2021**
**£**
1,051
_Unrestricted_
_funds_
_2020_
_£_
_954_
**Unrestricted**
**funds**
**2021**
**£**
216
_Unrestricted_
_funds_
_2020_
_£_
_216_|**Total**
**funds**
**2021**
**£**
**1,051**|
|---|---|---|
|||_Total_
_funds_
_2020_
_£_
_954_|
|||**Total**
**funds**
**2021**
**£**
**216**|
|||_Total_
_funds_
_2020_
_£_
_216_|
Page 15
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021**
## **7. Expenditure on raising funds (continued)**
## **Fundraising trading expenses**
|**Unrestricted**
**funds**
**2021**
**£**
Rent and rates
5,209
Heat and light
499
Telephone
1,274
**Total 2021**
6,982|**Total**
**funds**
**2021**
**£**
**5,209**
**499**
**1,274**
**6,982**|
|---|---|
## **Fundraising trading expenses (continued)**
|Rent and rates
Heat and light
Telephone
Air show|_Unrestricted_
_funds_
_2020_
_£_
_4,957_
_643_
_928_
_460_
_6,988_|_Total_
_funds_
_2020_
_£_
_4,957_
_643_
_928_
_460_
_6,988_|
|---|---|---|
Page 16
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021**
## **8. Analysis of expenditure by activities**
|Direct costs - Activities
Direct costs - Activities
**Analysis of direct costs**
Depreciation
Vet fees
Animal food etc
Pet taxi
Heat & light - animal shelter
Rent and rates - animal shelter
Repairs and maintenance|**Activities**
**undertaken**
**directly**
**2021**
**£**
75,684
_Activities_
_undertaken_
_directly_
_2020_
_£_
_73,045_|**Support**
**costs**
**2021**
**£**
2,292
_Support_
_costs_
_2020_
_£_
_2,329_
**Activities**
**2021**
**£**
23,460
21,455
5,048
3,226
2,082
146
20,267
75,684|**Total**
**funds**
**2021**
**£**
**77,976**|
|---|---|---|---|
||||_Total_
_funds_
_2020_
_£_
_75,374_|
||||**Total**
**funds**
**2021**
**£**
**23,460**
**21,455**
**5,048**
**3,226**
**2,082**
**146**
**20,267**
**75,684**|
Page 17
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021**
## **8. Analysis of expenditure by activities (continued)**
## **Analysis of direct costs (continued)**
|Depreciation
Vet fees
Animal food etc
Pet taxi
Heat & light - animal shelter
Rent and rates - animal shelter
Repairs and maintenance|_Activities_
_2020_
_£_
_23,398_
_17,807_
_3,790_
_1,923_
_1,172_
_125_
_24,830_
_73,045_|_Total_
_funds_
_2020_
_£_
_23,398_
_17,807_
_3,790_
_1,923_
_1,172_
_125_
_24,830_
_73,045_|
|---|---|---|
## **Analysis of support costs**
|Insurance
Sundries
Website costs
Independent examiners fee - governance
Insurance
Sundries
Website costs
Independent examiners fee - governance|**Activities**
**2021**
**£**
1,296
6
144
846
2,292
_Activities_
_2020_
_£_
_1,237_
_132_
_144_
_816_
_2,329_|**Total**
**funds**
**2021**
**£**
**1,296**
**6**
**144**
**846**
**2,292**|
|---|---|---|
|||_Total_
_funds_
_2020_
_£_
_1,237_
_132_
_144_
_816_
_2,329_|
Page 18
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021**
## **9. Independent examiner's remuneration**
||**2021**|_2020_|
|---|---|---|
||**£**|_£_|
|Fees payable to the charitable company's independent examiner for the|||
|preparation and independent examination of the charitable company's|||
|annual accounts|**846**|_816_|
## **10. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2020 - £NIL)_ .
During the year, no Trustee expenses have been incurred _(2020 - £NIL)_ .
## **11. Tangible fixed assets**
|**Cost or valuation**
At 1 May 2020
Additions
At 30 April 2021
**Depreciation**
At 1 May 2020
Charge for the year
At 30 April 2021
**Net book value**
At 30 April 2021
_At 30 April 2020_|**Freehold**
**property**
**£**
**464,974**
**-**
**464,974**
**146,535**
**23,319**
**169,854**
**295,120**
_318,439_|**Fixtures and**
**fittings**
**£**
**527**
**2,472**
**2,999**
**237**
**141**
**378**
**2,621**
_290_|**Total**
**£**
**465,501**
**2,472**
**467,973**|
|---|---|---|---|
||||**146,772**
**23,460**
**170,232**|
||||**297,741**|
||||_318,729_|
Included in land and buildings is freehold land at a cost of £231,785 (2020 - £231,785) which is not depreciated.
Page 19
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021**
## **12. Stocks**
|Raw materials and consumables
**13.**
**Debtors**
**Due within one year**
Other debtors
**14.**
**Creditors: Amounts falling due within one year**
Accruals and deferred income
**15.**
**Financial instruments**
**Financial assets**
Financial assets measured at fair value through income and expenditure|**2021**
**£**
**1,600**
**2021**
**£**
**10,000**
**10,000**
**2021**
**£**
**846**
**2021**
**£**
**215,557**|_2020_
_£_
_200_|
|---|---|---|
|||_2020_
_£_
_10,000_|
|||_10,000_|
|||_2020_
_£_
_816_|
|||_2020_
_£_
_145,361_|
Financial assets measured at fair value through income and expenditure comprise cash at bank.
Page 20
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021**
## **16. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted funds**
General Funds
**Statement of funds - prior year**
**Unrestricted funds**
General Funds|**Balance at 1**
**May 2020**
**£**
**473,474**
_Balance at_
_1 May 2019_
_£_
_486,176_|**Income**
**£**
**135,752**
_Income_
_£_
_69,876_|**Expenditure**
**£**
**Balance at**
**30 April**
**2021**
**£**
**(85,174)**
**524,052**
_Expenditure_
_£_
_Balance at_
_30 April 2020_
_£_
_(82,578)_
_473,474_|**Balance at**
**30 April**
**2021**
**£**
**524,052**|
|---|---|---|---|---|
## **17. Analysis of net assets between funds Analysis of net assets between funds - current year**
|**Unrestricted**
**funds**
**2021**
**£**
Tangible fixed assets
297,741
Current assets
227,157
Creditors due within one year
(846)
**Total**
524,052|**Total**
**funds**
**2021**
**£**
**297,741**
**227,157**
**(846)**
**524,052**|
|---|---|
Page 21
DocuSign Envelope ID: B739D557-EBD9-415A-A189-D24176D0ECB5
## **PAWZ FOR THOUGHT (A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021**
## **17. Analysis of net assets between funds (continued)**
## **Analysis of net assets between funds - prior year**
|Tangible fixed assets
Current assets
Creditors due within one year
**Total**|_Unrestricted_
_funds_
_2020_
_£_
_318,729_
_155,561_
_(816)_
_473,474_|_Total_
_funds_
_2020_
_£_
_318,729_
_155,561_
_(816)_
_473,474_|
|---|---|---|
## **18. Related party transactions**
There have been no related party transactions during the year.
Page 22