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← Tia Greyhound & Lurcher Rescue

2024-09-30-accounts

REGISTERED CHARITY NUMBER: 1105626 AND SC051782

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

Cresswells Accountants (UK) Limited Chartered Accountants and Statutory Auditors 12 Market Street Hebden Bridge West Yorkshire HX7 6AD

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024

Page Page Page
Report of the Trustees 1 to 4
Report of the Independent Auditors 5 to 7
Statement of Financial Activities 8
Balance Sheet 9
Cash Flow Statement 10
Notes to the Cash Flow Statement 11
Notes to the Financial Statements 12 to 19
Detailed Statement of Financial Activities 20 to 21

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2024

The trustees present their report with the financial statements of the charity for the year ended 30th September 2024. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The Objects of the Charity are to relieve the suffering of dogs and horses, in particular Greyhounds, Lurchers and Heavy Horses. To provide and maintain kennels and stabling for the reception and care of these unwanted dogs and horses and to finance their necessary upkeep and veterinary costs prior to them being rehomed if and when possible.

Public benefit

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

Rehoming Dogs & Horses

Our policy when we rescue any dog or horse is to make them safe and ensure their health is looked after. When they come to us, some are in better shape than others but we always give them whatever care they need as well as lots of love. Wherever possible, we aim to rehome our dogs and horses to a caring forever home and we have rehomed well over a hundred dogs and horses in the reporting period. For those dogs and horses which we cannot rehome, perhaps because of their age, health needs, or just because they need the kind of care and attention we can only give at our farm, we aim to keep them safe, healthy and, most importantly of all, loved.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

In last year's report, we highlighted some of the staffing difficulties we have encountered which meant that had to restrict the overall numbers of dogs and horses we could accommodate temporarily. We are pleased that during this reporting period, we have had two excellent and reliable kennel staff, who are doing extremely well and are fantastic with the dogs.

During this year, we have continued to work to find temporary and long-term homes for our animals, working with trainers and "foster carers". Our co-ordination between trainers and potential adopters has allowed us to continue to find homes for ex-racers without them all needing to make the trip up to Easter Hardmuir Farm between racing kennels and foster/forever homes. One of Tia Rescue's great strengths, having been in the animal rescue business for as long as we have, is our ability to work with friends, foster carers, and fellow rescue centres to facilitate the rehoming of so many animals.

A special mention must be made for Donaldson's vets in Huddersfield. They continue to provide us with massive support, as they have done for many years. Without them, many of our animals wouldn't have made it as far as they have.

Fundraising activities

Another area which we would also like to highlight is the tremendous support we get from the public.

During August and September 2024, we held open days and fairs in both Easter Hardmuir Farm and Halifax, West Yorkshire. The events were very well attended and generated lots and lots of interest with the attendees and generated a very useful income.

Our supporters also went the extra mile once more and ran lots of local events, which, as well as bringing in much needed income, raises the profile of both Tia and the work we do. Perhaps more importantly, following our move to Scotland, it was very pleasing to see that a very significant part of this effort was done around the Yorkshire area, ensuring that our presence is still clearly seen.

Our sponsors of both dogs and horses continue to provide a steady income and allow individuals to show a special interest in our permanent residents. We are sure that if they could only talk, our dogs and horses would send out their thanks for sponsorship along with ours.

Page 1

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2024

ACHIEVEMENT AND PERFORMANCE

Easter Hardmuir Farm

Following the move to Nairn in 2022, and the significant work which has since been done to the site to make it suitable for the needs of Tia, we are now fully established at Easter Hardmuir Farm.

During this reporting period, the new kennel block was fully finished and has been signed off by building regulations. The new kennel block has significantly improved the kennel facilities in a purpose-built block. The block is built to modern standards to significantly improve efficiency and reduce costs. It provides office, toilet, and kitchen facilities in one place, which has enabled a reduction in staffing requirements. We also provided new exercise paddocks for the dogs, adjacent to the kennels.

We continue to make use of the support equipment for the kennels and stables, as well as the tractors, trailers and vehicles which were brought from Tia's previous home at Doncaster to the new site in Nairn.

Easter Hardmuir Farm's land is used grazing and to produce feed for our horses. We have been fortunate enough to produce a surplus of hay and haylage and sold this on to provide a small but very useful income.

Charity Shops

Our charity shop in Pickering, North Yorkshire, has continued to provide a steady and very welcome income. Our staff at the shop have worked hard to make it a welcoming place which not only provides a great shopping experience but also highlights the work of Tia.

A second charity shop in Nairn was opened in March 2024, in line with our strategic plan. This has been run by a shop manager with the help of volunteers. The shop has helped to raise the profile of Tia Rescue in the local area as well as generating income for the charity.

Income

Like many charities, much of our income relies on the public making donations. Tia continues to rely on donations from individuals and organisations, along with income from our Charity shops. In addition, grant monies from dog/animal Charitable Trusts give a welcome boost from time to time. Tia Rescue receives no funding from the Greyhound Racing Industry. We continued to apply for grants as outlined in our strategic plan, and have been fortunate to see some of these be repeated from previous years.

During this reporting period, we have received a number of bequests which have significantly helped the funding of our work. Although every bequest is highly appreciated, (and without them, we could not continue our work), it does make it challenging to plan our future finances because we cannot foresee what legacies we may receive in the future. We continue to plan as best we can as we have to face reality and accept that such income is both essential and the most significant regular income we receive.

Additionally, we have explored further potential sources of income, including:

As the charity has become more established in its new location, Tia's profile has continued to grow and we have been fortunate to receive offers of support from some local businesses, e.g. Boath House hotel offered Tia its grounds to host a Christmas fund-raising event, and we have had some good support from food donation bins in local supermarkets.

Our Monthly Prize Draw continues to generate a modest but steady monthly income stream. It is an area that the Charity continues to grow, and we wish to express our thanks to all supporters who have subscribed so far.

Page 2

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2024

ACHIEVEMENT AND PERFORMANCE

As ever, our ability to raise income to meet our expenditure needs continues to be challenging, but we are managing to keep our heads just above water and will seek to find new ways to generate the income we depend on.

Public Liability and Employers Liability Insurance

Insurance generally appears to have become more expensive, additionally insurers seem to be reluctant to offer insurance for areas of the operation which are perceived as higher risk.

For the year to March 2024, the insurers were Marsh, and underwriters Royal Sun Alliance. When it came to renewing insurance for the 2024-2025 period, we were informed that they no longer with to insure horse organisations. Significant efforts were made to find alternative insurance at a reasonable cost. From March 2024, Tia's insurers are now Aviva.

FINANCIAL REVIEW

Reserves policy

It is the policy of the charity to maintain unrestricted reserves at a level which equates to at least twelve months unrestricted expenditure. This policy aims to provide sufficient funds to cover management and administration and support costs.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The governing document of the charity is the trust deed dated 29 March 2004, as amended by a deed dated 7 April 2013. The charity became a registered charity on 25 August 2004 and now has charitable status in both England & Wales (charity number 1105626) and Scotland (charity number SCO51782).

Recruitment and appointment of new trustees

All trustees are appointed on a voluntary basis, and do not receive any remuneration for their time. All expenses reimbursed to trustees are disclosed in the accounts.

Organisational structure

The trustees have control of the charity and its property and funds. The full number of trustees allowed is ten and the remaining original trustees, D J Rothery is entitled to serve for life.

Any newly elected trustees are elected for a period of three years by resolution of the trustees.

Those trustees who are required to retire after three years are eligible for re-appointment if competent to act.

The trustees are required to hold at least five meetings a year and a quorum at any meeting is four trustees, however only four meetings were held during the period. Meetings may be held in person or by other suitable electronic means. The chairperson has a second or casting vote, and each other trustee has one vote.

Risk management

The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks faced by the charity and confirm that they have established systems to mitigate the sufficient risks.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1105626 AND SC051782

Principal address

Easter Hardmuir Farm Auldearn Nairn Inverness IV12 5QG

Page 3

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2024

Trustees

Miss D J Rothery Chair Mrs B A Carter Trustee Ms T Baker Trustee Ms F E McLaglen Trustee S Nuttall Trustee (resigned 31.7.24) G Russell (appointed 12.8.24) J Mann (appointed 12.8.24) R Brumpton (appointed 12.8.24) J Evered (appointed 12.8.24)

Auditors

Cresswells Accountants (UK) Limited Chartered Accountants and Statutory Auditors 12 Market Street Hebden Bridge West Yorkshire HX7 6AD

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on 25th June 2025 and signed on its behalf by:

Miss D J Rothery - Trustee

Page 4

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF TIA GREYHOUND AND LURCHER RESCUE

Opinion

We have audited the financial statements of Tia Greyhound and Lurcher Rescue (the 'charity') for the year ended 30th September 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Page 5

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF TIA GREYHOUND AND LURCHER RESCUE

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures include the following:

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Page 6

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF TIA GREYHOUND AND LURCHER RESCUE

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Cresswells Accountants (UK) Limited Chartered Accountants and Statutory Auditors 12 Market Street Hebden Bridge West Yorkshire HX7 6AD

25th June 2025

Page 7

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH SEPTEMBER 2024

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Other trading activities
3
Total
EXPENDITURE ON
Raising funds
Other trading activities
4
Charitable activities
5
Other
Charitable activities
Total
NET INCOME
Transfers between funds
15
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 2024
2023
Unrestricted
Restricted
Total
Total
fund
fund
funds
funds
£
£
£
£
508,573
35,000
543,573
731,223
151,803
-
151,803
167,421
660,376
35,000
695,376
898,644
67,647
-
67,647
74,187
67,647
-
67,647
74,187
26,258
-
26,258
24,676
332,293
4,464
336,757
665,047
426,198
4,464
430,662
763,910
234,178
30,536
264,714
134,734
(76,604)
76,604
-
-
157,574
107,140
264,714
134,734
1,164,973
-
1,164,973
1,030,239
1,322,547
107,140
1,429,687
1,164,973

The notes form part of these financial statements

Page 8

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

BALANCE SHEET 30TH SEPTEMBER 2024

Notes
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Debtors
11
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
12
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2024
2023
Unrestricted
Restricted
Total
Total
fund
fund
funds
funds
£
£
£
£
1,060,673
107,140
1,167,813
1,026,074
21,207
-
21,207
59,827
282,483
-
282,483
135,754
303,690
-
303,690
195,581
(41,816)
-
(41,816)
(56,682)
261,874
-
261,874
138,899
1,322,547
107,140
1,429,687
1,164,973
1,322,547
107,140
1,429,687
1,164,973
1,322,547
1,164,973
107,140
-
1,429,687
1,164,973

The financial statements were approved by the Board of Trustees and authorised for issue on 25th June 2025 and were signed on its behalf by:

D J Rothery - Trustee

The notes form part of these financial statements

Page 9

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

CASH FLOW STATEMENT FOR THE YEAR ENDED 30TH SEPTEMBER 2024

Notes
Cash fows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash fows from investing activities
Purchase of tangible fxed assets
Sale of tangible fxed assets
Net cash used in investing activities
Cash fows from fnancing activities
Loan repayments in year
Net cash (used in)/provided by fnancing activities
Change in cash and cash
equivalents in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the
end of the reporting period		 2024
£
328,619
328,619
(245,150)
85,260
(159,890)
(22,000)
(22,000)
146,729
135,754
282,483		 2023
£
257,097
257,097
(202,591)
34,875
(167,716)
-
-
89,381
46,373
135,754

The notes form part of these financial statements

Page 10

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 30TH SEPTEMBER 2024

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2024 2023
£ £
Net income for the reporting period (as per the Statement
of Financial Activities) 264,714 134,734
Adjustments for:
Depreciation charges 82,674 164,753
Proft on disposal of fxed assets (64,523) (24,353)
Decrease/(increase) in debtors 38,620 (19,559)
Increase in creditors 7,134 1,522
Net cash provided by operations 328,619 257,097
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1.10.23 Cash fow At 30.9.24
£ £ £
Net cash
Cash at bank and in hand 135,754 146,729 282,483
135,754 146,729 282,483
Debt
Debts falling due within 1 year (22,000) 22,000 -
(22,000) 22,000 -
Total 113,754 168,729 282,483

The notes form part of these financial statements

Page 11

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

Income
Recognition of Income is included in the Statement of Financial Activities (SoFA) when
income the charity becomes entitled to, and virtually certain to receive, the
income and the amount of the income can be measured with sufcient
reliability.
Income with related Income with related Where income has related expenditure the income
expenditure and related expenditure is expenditure reported gross in the SoFA.
Donations and Voluntary income received by way of grants, donations and gifts is
legacies included in the the SoFA when receivable and only when the Charity has
unconditional entitlement to the income.
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the
donations and gifts gift/donation to which it relates.
Donated services These are only included in income (with an equivalent amount in
and facilities expenditure)where the beneft to the Charity is reasonably quantifable,
measurable and material.
Expenditure
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any
expenditure VAT which cannot be fully recovered, and is reported as part of the
expenditure to which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income,
raising funds fundraising trading costs and investment management costs.
Expenditure on These comprise the costs incurred by the Charity in the delivery of its
charitable activities activities and services in the furtherance of its objects, including the
making of grants and governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an
accrual for grants that have been approved by the trustees at the end of
the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and
statutory requirements of the Charity, including any audit/independent
examination fees, costs linked to the strategic management of the
Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixed assets are initially recorded at cost.

No depreciation is provided in respect of freehold land.

Taxation

The charity is exempt from tax on its charitable activities.

continued...

Page 12

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2024

1. ACCOUNTING POLICIES - continued

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Hire purchase and leasing commitments

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. ln the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs and other post-retirement benefits

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2.

DONATIONS AND LEGACIES

Dogs taken in/ adopted
Donations & legacies
Gift aid
Grants
Other donations		 2024
£
5,547
492,947
25,079
6,500
13,500
543,573		 2023
£
6,455
672,392
15,416
36,960
-
731,223

3.

OTHER TRADING ACTIVITIES

Shop income
Dog sponsorship
Online sales & sundries
Bank interest		 2024
£
99,468
21,515
26,118
4,702
151,803		 2023
£
93,920
26,779
45,201
1,521
167,421

continued...

Page 13

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2024

4. OTHER TRADING ACTIVITIES

Staf costs
Charity Shop - Pickering
Charity Shop - Other
Charity Shop - Nairn
Mill Race Farm
Sundry expenses		 2024
£
37,830
16,512
-
10,358
-
2,947
67,647		 2023
£
32,584
22,320
4,179
-
12,413
2,691
74,187

5. CHARITABLE ACTIVITIES COSTS

Other
Charitable activities		 Direct
Costs
£
-
123,640
123,640		 Support
costs (see
note 6)
£
26,258
213,117
239,375		 Totals
£
26,258
336,757
363,015

6. SUPPORT COSTS

Management
Finance
£
Other
-
Charitable activities
226,454
226,454		 Governance
costs
Totals
£
£
£
-
26,258
26,258
(10,037)
(3,300)
213,117
(10,037)
22,958
239,375

Support costs, included in the above, are as follows:

Staf recruitment
Temporary staf costs
Motor and travel costs
Bank charges
Equipment leasing and hire
Equipment repairs
General insurance
Dog and horse expenses
Vet fees
Software and IT support
Stationery and printing
Subscriptions
Sundry expenses
Telephone
Depreciation of tangible and heritage
assets
Rates and water
Light and heat
Premises cleaning
Premises repairs
Carried forward		 Other
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Charitable
activities
£
1,222
4,470
11,279
4,004
1,911
29,115
138
57,546
24,921
1,046
4,221
55
3,282
570
82,674
5,125
20,258
1,217
22,353
275,407		 2024
Total
activities
£
1,222
4,470
11,279
4,004
1,911
29,115
138
57,546
24,921
1,046
4,221
55
3,282
570
82,674
5,125
20,258
1,217
22,353
275,407		 2023
Total
activities
£
591
7,860
43,407
6,111
635
27,944
5,364
107,777
64,610
3,137
4,192
688
3,611
1,630
164,753
7,348
17,299
2,712
17,743
487,412

continued...

Page 14

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2024

6. SUPPORT COSTS - continued

Brought forward
Other premises costs
Loss on sale of tangible fxed assets
Auditors' remuneration
Accountancy and legal fees		 Other
£
-
-
-
6,000
20,258
26,258		 2024
2023
Charitable
Total
Total
activities
activities
activities
£
£
£
275,407
275,407
487,412
5,533
5,533
12,272
(64,523)
(64,523)
(24,353)
-
6,000
5,000
(3,300)
16,958
19,676
213,117
239,375
500,007

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30th September 2024 nor for the year ended 30th September 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30th September 2024 nor for the year ended 30th September 2023.

8. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 2024
£
157,596
2,350
1,524
161,470		 2023
£
215,759
3,343
3,198
222,300

The average monthly number of employees during the year was as follows:

9.

Farm
Shop
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
731,223
Other trading activities
167,421
Total
898,644
EXPENDITURE ON
Raising funds
Other trading activities
74,187
74,187		 2024
8
3
11
Total
fund
£
-
-
-
-
-		 2023
7
3
10
funds
£
731,223
167,421
898,644
74,187
74,187

continued...

Page 15

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2024

9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

Charitable activities
Other
Charitable activities
Total
NET INCOME
Transfers between funds
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
Restricted
Total
fund
fund
funds
£
£
£
24,676
-
24,676
665,047
-
665,047
763,910
-
763,910
134,734
-
134,734
76,604
(76,604)
-
211,338
(76,604)
134,734
953,635
76,604
1,030,239
1,164,973
-
1,164,973

10. TANGIBLE FIXED ASSETS

COST
At 1st October 2023
Additions
Disposals
At 30th September 2024
DEPRECIATION
At 1st October 2023
Charge for year
Eliminated on disposal
At 30th September 2024
NET BOOK VALUE
At 30th September 2024
At 30th September 2023		 Fixtures,
fttings
Land and
Plant and
and
Motor
buildings
machinery
equipment
vehicles
Totals
£
£
£
£
£
955,793
149,767
167,719
90,510
1,363,789
203,460
7,355
2,386
31,949
245,150
(85,260)
-
-
-
(85,260)
1,073,993
157,122
170,105
122,459
1,523,679
57,348
129,149
107,795
43,423
337,715
42,152
9,899
17,520
13,103
82,674
(64,523)
-
-
-
(64,523)
34,977
139,048
125,315
56,526
355,866
1,039,016
18,074
44,790
65,933
1,167,813
898,445
20,618
59,924
47,087
1,026,074

continued...

Page 16

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2024

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other debtors
VAT
Prepayments and accrued income
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Taxation and social security
Other creditors		 2024
£
-
4,368
16,839
21,207
2024
£
10,608
1,709
29,499
41,816		 2023
£
44,695
104
15,028
59,827
2023
£
7,593
1,587
47,502
56,682

13. LOANS

An analysis of the maturity of loans is given below:

Amounts falling due within one year on demand:
Other loans
14.
LEASING AGREEMENTS		 2024
£
-		 2023
£
22,000

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and fve years
15.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Kennels
TOTAL FUNDS		 Net
At
movement
1.10.23
in funds
£
£
1,164,973
234,178
-
30,536
1,164,973
264,714		 2024
£
13,100
4,200
17,300
Transfers
between
funds
£
(76,604)
76,604
-		 2024
£
13,100
4,200
17,300
Transfers
between
funds
£
(76,604)
76,604
-		 2023
£
13,100
17,300
30,400
At
30.9.24
£
1,322,547
107,140
1,429,687

continued...

Page 17

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2024

15. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 660,376 (426,198) 234,178
Restricted funds
Kennels 35,000 (4,464) 30,536
TOTAL FUNDS 695,376 (430,662) 264,714
Comparatives for movement in funds
Net Transfers
At movement between At
1.10.22 in funds funds 30.9.23
£ £ £ £
Unrestricted funds
General fund 953,635 134,734 76,604 1,164,973
Restricted funds
Kennels 76,604 - (76,604) -
TOTAL FUNDS 1,030,239 134,734 - 1,164,973
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 898,644 (763,910) 134,734
TOTAL FUNDS 898,644 (763,910) 134,734

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Kennels
TOTAL FUNDS		 Net
Transfers
At
movement
between
1.10.22
in funds
funds
£
£
£
953,635
368,912
-
76,604
30,536
-
1,030,239
399,448
-		 At
30.9.24
£
1,322,547
107,140
1,429,687

continued...

Page 18

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2024

15. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Kennels
TOTAL FUNDS		 Incoming
Resources
Movement
resources
expended
in funds
£
£
£
1,559,020
(1,190,108) 368,912
35,000
(4,464)
30,536
1,594,020
(1,194,572) 399,448

16. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30th September 2024.

Page 19

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH SEPTEMBER 2024

INCOME AND ENDOWMENTS
Donations and legacies
Dogs taken in/ adopted
Donations & legacies
Gift aid
Grants
Other donations
Other trading activities
Shop income
Dog sponsorship
Online sales & sundries
Bank interest
Total incoming resources
EXPENDITURE
Other trading activities
Wages
Charity Shop - Pickering
Charity Shop - Other
Charity Shop - Nairn
Mill Race Farm
Sundry expenses
Charitable activities
Wages
Social security
Pensions
Support costs
Management
Staf recruitment
Temporary staf costs
Motor and travel costs
Bank charges
Equipment leasing and hire
Equipment repairs
General insurance
Dog and horse expenses
Vet fees
Software and IT support
Stationery and printing
Carried forward		 2024
£
5,547
492,947
25,079
6,500
13,500
543,573
99,468
21,515
26,118
4,702
151,803
695,376
37,830
16,512
-
10,358
-
2,947
67,647
119,766
2,350
1,524
123,640
1,222
4,470
11,279
4,004
1,911
29,115
138
57,546
24,921
1,046
4,221
139,873		 2023
£
6,455
672,392
15,416
36,960
-
731,223
93,920
26,779
45,201
1,521
167,421
898,644
32,584
22,320
4,179
-
12,413
2,691
74,187
183,175
3,343
3,198
189,716
591
7,860
43,407
6,111
635
27,944
5,364
107,777
64,610
3,137
4,192
271,628

This page does not form part of the statutory financial statements

Page 20

TIA GREYHOUND AND LURCHER RESCUE (KNOWN BY - TIA RESCUE)

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH SEPTEMBER 2024

Management
Brought forward
Subscriptions
Sundry expenses
Telephone
Freehold property
Plant and machinery
Fixtures and fttings
Motor vehicles
Finance
Rates and water
Light and heat
Premises cleaning
Premises repairs
Other premises costs
Loss on sale of tangible fxed assets
Governance costs
Auditors' remuneration
Accountancy and legal fees
Total resources expended
Net income		 2024
2023
£
£
139,873
271,628
55
688
3,282
3,611
570
1,630
42,152
57,348
9,899
42,980
17,520
35,594
13,103
28,831
226,454
442,310
5,125
7,348
20,258
17,299
1,217
2,712
22,353
17,743
5,533
12,272
(64,523)
(24,353)
(10,037)
33,021
6,000
5,000
16,958
19,676
22,958
24,676
430,662
763,910
264,714
134,734

This page does not form part of the statutory financial statements

Page 21