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← Pawz For Thought

2024-04-30-accounts

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

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 2024

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

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 - 24

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

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 2024

Trustees

Mrs J Adamson Mrs V Carter Mrs M L Ebdale, Chair Dr J Harvey Mrs V Johnson

Company registered number

04735157

Charity registered number

1103331

Registered office

Howbridge House Ferryboat Lane Sunderland Tyne and Wear SR5 3HW

Company secretary

L J Regan

Accountants

Kinnair Associates Limited Chartered Accountants Aston House Redburn Road Newcastle upon Tyne NE5 1NB

Page 1

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

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 2024

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: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT

(A company limited by guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 30 APRIL 2024

The Trustees present their annual report together with the financial statements of the charitable company for the year from 1 May 2023 to 30 April 2024. 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, including the guidance 'Public benefit: running a charity (PB2)'.

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

The charity has had a very busy year. We are experiencing a dramatic increase in calls to help both domestic pets and wildlife. The numbers of abandoned animals continue to rise. We endeavour to do our best and help wherever we can and promote good welfare.

During the 12-month period we have taken in 3,492 items of wildlife and 369 domestic animals.

The Trustees acknowledge the hard work and commitment of all of our volunteers, without them we could not help as many animals as we do. The charity shop volunteers are very important to us and the income increases each year despite the financial climate. We are very grateful for the wonderful support from the public without them we could not do as much as we do. There has been a significant increase in veterinary costs and we now have regular visits from our vets to site. However, the overall increase in income from £233k to £344k significantly exceeds the higher costs for the year resulting in a surplus of £155.1k for 2023/2024 from £93.8k in 2022/2023. This has also resulted in a significant increase in cash balances which will be used to fund future planned projects.

Page 3

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024

Financial review

Overview

The charitable company's incoming resources increased from £232,870 to £343,909. Total resources expended increased from £139,082 to £188,773. This resulted in net incoming resources for the year of £155,136 compared with £93,788 for the previous year.

The charitable company held fund balances at the year end of £779,360 (2023: £624,224) all of which were held in unrestricted funds.

Going concern

After making appropriate enquiries, the Trustees 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.

Structure, governance and management

Constitution

Pawz for Thought 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 Memorandum of Association.

Organisational structure and decision-making policies

The Trustees meet regularly to manage the charitable company's affairs.

Page 4

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024

Plans for future periods

We have had three-phase electricity supply installed by Northern Power Grid; this was a necessity as we needed a large enough supply to power the new equipment and future requirements. We now have a full call system to handle calls this was very kindly gifted to the charity by the company SOHO66 who are also paying for all our outgoing calls on this system as well. The large room that the cats have vacated is currently being refurbished to provide a reception and office area, an assessment area and a full long wall of incubators to give the incoming injured the best chance for recovery. We also are progressing with the groundworks required for the replacement aviaries and pens. We will be putting a full planning application into the council early in the new year for the wildlife hospital.

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.

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:

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 20 January 2025 and signed on their behalf by:

Mrs M L Ebdale

Page 5

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT

(A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 APRIL 2024

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 2024.

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

Since the charitable company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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: 20 January 2025 Detlev Anderson FCA

Kinnair Associates Limited

Chartered Accountants

Page 6

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 APRIL 2024

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
2024
£
250,395
89,095
2,601
1,818
343,909
14,062
174,711
188,773
155,136
624,224
155,136
779,360		 Total
funds
2024
£
250,395
89,095
2,601
1,818
343,909
14,062
174,711
188,773
155,136
624,224
155,136
779,360		 Total
funds
2023
£
164,450
67,049
328
1,043
232,870
11,315
127,767
139,082
93,788
530,436
93,788
624,224

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 10 to 24 form part of these financial statements.

Page 7

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT (A company limited by guarantee) REGISTERED NUMBER: 04735157

BALANCE SHEET AS AT 30 APRIL 2024

Note
Fixed assets
Tangible assets
13
Current assets
Stocks
14
Debtors
15
Cash at bank and in hand
Creditors: amounts falling due within one
year
16
Net current assets
Total assets less current liabilities
Total net assets		 80
1,938
476,281
478,299
(9,635)		 2024
£
310,696
310,696
468,664
779,360
779,360		 890
-
351,584
352,474
(7,881)		 2023
£
279,631
279,631
344,593
624,224
624,224

Page 8

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT (A company limited by guarantee) REGISTERED NUMBER: 04735157

BALANCE SHEET (CONTINUED) AS AT 30 APRIL 2024

2024 2023
Note £ £
Charity funds
Unrestricted funds 18 779,360 624,224
Total funds 779,360 624,224

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 20 January 2025 and signed on their behalf by:

Mrs M L Ebdale

The notes on pages 10 to 24 form part of these financial statements.

Page 9

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

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.

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.

The financial statements are prepared in pounds Sterling and rounded to the nearest pound.

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.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

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: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

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 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.

2.5 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

2.6 Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

2.7 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.

Page 11

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

2. Accounting policies (continued)

2.8 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.

2.9 Liabilities and provisions

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.

2.10 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.

2.11 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.

Page 12

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

3. Income from donations and legacies

Unrestricted
funds
2024
£
Donations
137,685
Legacies
82,653
Grants
30,057
250,395
Unrestricted
funds
2023
£
Donations
118,350
Legacies
46,100
164,450
4.
Income from other trading activities
Income from fundraising events
Unrestricted
funds
2024
£
Fundraising
29,154
Unrestricted
funds
2023
£
Fundraising
9,680		 Total
funds
2024
£
137,685
82,653
30,057
250,395
Total
funds
2023
£
118,350
46,100
164,450
Total
funds
2024
£
29,154
Total
funds
2023
£
9,680

Page 13

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

4. Income from other trading activities (continued)

Income from non charitable trading activities

Unrestricted
funds
2024
£
Sale of donated goods
54,276
Sale of donated rags and scrap
3,095
Insurance commission
2,570
59,941
Unrestricted
funds
2023
£
Sale of donated goods
51,983
Sale of donated rags and scrap
3,255
Insurance commission
2,131
57,369		 Total
funds
2024
£
54,276
3,095
2,570
59,941
Total
funds
2023
£
51,983
3,255
2,131
57,369

5. Investment income

Unrestricted Total
funds funds
2024 2024
£ £
Investment income 2,601 2,601

Page 14

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

5. Investment income (continued)

Investment income
Interest on gift aid claims
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		 Unrestricted
funds
2023
£
326
2
328
Unrestricted
funds
2024
£
1,818
Unrestricted
funds
2023
£
1,043
Unrestricted
funds
2024
£
5,750		 Total
funds
2023
£
326
2
328
Total
funds
2024
£
1,818
Total
funds
2023
£
1,043
Total
funds
2024
£
5,750

Page 15

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

7. Expenditure on raising funds (continued)

Costs of raising voluntary income (continued)

Unrestricted
funds
2023
£
Expenditure on raising voluntary income
3,197
Fundraising trading expenses
Unrestricted
funds
2024
£
Rent and rates
5,181
Heat and light
1,267
Telephone
1,864
8,312		 Total
funds
2023
£
3,197
Total
funds
2024
£
5,181
1,267
1,864
8,312

Fundraising trading expenses (continued)

Rent and rates
Heat and light
Telephone		 Unrestricted
funds
2023
£
5,192
1,272
1,654
8,118		 Total
funds
2023
£
5,192
1,272
1,654
8,118

Page 16

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

8. Analysis of expenditure on charitable activities

Summary by fund type

Unrestricted
funds
2024
£
Direct costs - Activities
174,711
Unrestricted
funds
2023
£
Direct costs - Activities
127,767		 Total
2024
£
174,711
Total
2023
£
127,767

9. Analysis of expenditure by activities

Direct costs - Activities
Direct costs - Activities		 Activities
undertaken
directly
2024
£
162,172
Activities
undertaken
directly
2023
£
121,285		 Support
costs
2024
£
12,539
Support
costs
2023
£
6,482		 Total
funds
2024
£
174,711
Total
funds
2023
£
127,767

Page 17

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

9. Analysis of expenditure by activities (continued)

Analysis of direct costs

Staff costs
Depreciation
Vet fees
Animal food etc
Other sundry animal shelter costs
Pet taxi
Heat & light - animal shelter
Rent and rates - animal shelter
Repairs and maintenance
Depreciation
Vet fees
Animal food etc
Other sundry animal shelter costs
Pet taxi
Heat & light - animal shelter
Rent and rates - animal shelter
Repairs and maintenance		 Activities
2024
£
9,750
23,947
57,174
10,304
1,576
5,078
6,159
201
47,983
162,172
Activities
2023
£
24,307
32,286
7,580
5,586
3,520
3,546
188
44,272
121,285		 Total
funds
2024
£
9,750
23,947
57,174
10,304
1,576
5,078
6,159
201
47,983
162,172
Total
funds
2023
£
24,307
32,286
7,580
5,586
3,520
3,546
188
44,272
121,285

Page 18

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

9. Analysis of expenditure by activities (continued)

Analysis of support costs

Insurance
Sundries
Website costs
Independent examiners fee - governance
Legal and professional fees		 Activities
2024
£
1,446
1,881
144
963
8,105
12,539		 Total
funds
2024
£
1,446
1,881
144
963
8,105
12,539
Insurance
Sundries
Website costs
Independent examiners fee - governance
Legal and professional fees
10.
Independent examiner's remuneration
Fees payable to the charitable company's independent examiner for the
preparation and independent examination of the charitable company's
annual accounts excluding VAT.		 Activities
2023
£
1,321
415
173
900
3,673
6,482
2024
£
802		 Total
funds
2023
£
1,321
415
173
900
3,673
6,482
2023
£
750

Page 19

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

11. Staff costs

Wages and salaries 2024
£
9,750
9,750		 2023
£
-
-

The charity had one employee from February 2024 onwards (2023: nil).

No employee received remuneration amounting to more than £60,000 in either year.

12. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2023 - £NIL) .

During the year ended 30 April 2024, no Trustee expenses have been incurred (2023 - £NIL) .

Page 20

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

13. Tangible fixed assets

Cost or valuation
At 1 May 2023
Additions
At 30 April 2024
Depreciation
At 1 May 2023
Charge for the year
At 30 April 2024
Net book value
At 30 April 2024
At 30 April 2023		 Freehold
property
£
464,974
-
464,974
216,492
16,697
233,189
231,785
248,482		 Fixtures and
fittings
£
32,965
55,012
87,977
1,816
7,250
9,066
78,911
31,149		 Total
£
497,939
55,012
552,951
218,308
23,947
242,255
310,696
279,631

Included in land and buildings is freehold land with a cost of £231,785 (2023 - £231,785) which is not depreciated.

14. Stocks

2024 2023
£ £
Raw materials and consumables 80 890

Page 21

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

15. Debtors

Due within one year
Other debtors
Creditors: Amounts falling due within one year
Other creditors
Accruals and deferred income		 2024
£
1,938
1,938
2024
£
-
9,635
9,635		 2023
£
-
-
2023
£
1,171
6,710
7,881

16. Creditors: Amounts falling due within one year

17. Financial instruments

2024 2023
£ £
Financial assets
Financial assets measured at fair value through income and expenditure 476,281 351,584

Financial assets measured at fair value through income and expenditure comprise bank balances.

Page 22

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

18.
Statement of funds
Statement of funds - current year
Balance at 1
May 2023
£
Unrestricted funds
General Funds
624,224
Statement of funds - prior year
Balance at
1 May 2022
£
Unrestricted funds
General Funds
530,436
19.
Analysis of net assets between funds
Analysis of net assets between funds - current period		 Income
£
343,909
Income
£
232,870		 Expenditure
£
Balance at
30 April
2024
£
(188,773)
779,360
Expenditure
£
Balance at
30 April 2023
£
(139,082)
624,224		 Balance at
30 April
2024
£
779,360
Unrestricted
funds
2024
£
Tangible fixed assets
310,696
Current assets
478,299
Creditors due within one year
(9,635)
Total
779,360		 Total
funds
2024
£
310,696
478,299
(9,635)
779,360

Page 23

Docusign Envelope ID: 118B9C0D-FDE2-4659-8E07-AAD2E51EBF8D

PAWZ FOR THOUGHT

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

19. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior period

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2023
£
279,631
352,474
(7,881)
624,224		 Total
funds
2023
£
279,631
352,474
(7,881)
624,224

20. Related party transactions

There have been no related party transactions during the year.

Page 24