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:
- 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 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