```
REGISTERED CHARITY NUMBER: 1105654
```
## **`REPORT OF THE TRUSTEES AND`**
```
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2020
```
```
FOR
```
## **`THE RETREAT ANIMAL RESCUE`**
```
Gibbons Mannington & Phipps LLP
Chartered Accountants
82 High Street
Tenterden
Kent
TN30 6JG
```
```
THE RETREAT ANIMAL RESCUE
```
## **`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2020`**
||**`Page`**|**`Page`**|**`Page`**|
|---|---|---|---|
|**`Report of the Trustees`**|`1`|`to`|`2`|
|**`Independent Examiner's Report`**||`3`||
|**`Statement of Financial Activities`**||`4`||
|**`Balance Sheet`**||`5`||
|**`Notes to the Financial Statements`**|`6`|`to`|`12`|
```
THE RETREAT ANIMAL RESCUE
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2020`**
```
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended
31July2020.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordance with
theFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1
January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and activities for the public benefit`**
```
Theobjectsofthecharityaretooperateasasanctuaryforunwantedandabandonedanimals.It carries
thisoutbymakingavailablepremiseswhichhavebeenadaptedasasanctuary,knownas Brickyard
Farm,toprovideaccommodationforunwantedanimals.Thetrusteesconfirmthattheyhavereferred to
theCharityCommission’sguidanceonpublicbenefitwhenreviewingthecharity'saimsandobjectives, in
planning future activities.
```
## **`ACHIEVEMENT AND PERFORMANCE`**
## **`Charitable activities`**
```
Duringtheyear,asaresultoftheCoronaVirusPandemic,thefarmwasclosedtothepublicformost of
theyear,butcontinuedtooperateasasanctuaryforunwantedandabandonedanimals.The Charity
benefitedfromlocalGovernmentassistancebywayofaone-offgranttothevalueof£25,000. The
trusteesfeelthatthecharityisagoingconcernandwillcontinueforatleastthenexttwelve months
becauseofthetremendousdedicatedsupportfromthepublicandsupportersnotonlythroughout the
period it was forced to close but also now it is open again to the public.
```
## **`FINANCIAL REVIEW`**
## **`Reserves policy`**
```
Itisthepolicyofthetrusteestomaintainunrestrictedfunds,whicharefreereservesofthecharity, for
investmentinlandandbuildingstooperateasasanctuaryforunwantedandabandonedanimalsand the
balance of unrestricted funds is available to meet continuing administrative costs.
```
```
At31July2020,thecharityhadunrestrictedreservesof£237,708(2019:£267,178).This includes
£107,976(2019:£125,776)ofdesignatedfundsinrespectoftheprepaidleaseonBrickyardFarm. This
leaves free reserves of £129,732 (2019: £141,402) to cover future running costs of the charity.
```
## **`FUTURE PLANS`**
```
Thetrusteeswillcontinueitspolicytoprovideasanctuarytohelpthesufferingofunwanted and
abandonedanimals.Thecharitywillalsobeopeningitsownveterinaryareaonthepremises,with certain
local vets volunteering their time there
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
Thecharityiscontrolledbyitsgoverningdocument,dated14April2004,adeedoftrustand constitutes
an unincorporated charity.
```
## **`Induction and training of new trustees`**
```
Welookwithinourvolunteersandsupporterstohelpfindnewtrustees.Newtrusteesaregiven support
tolearnthelayoutofthecentre,introducedtostaff,volunteersandtheanimals.Newtrusteesalso get
timetoshadowexistingtrusteesandthechancetoattendstaff/fundraisingmeetings.Depending on
amountofvoluntaryhourstheycancommittotheworkingofthesanctuaryofficeandrecord keeping
systems are available to learn.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Charity number`**
```
1105654
```
```
Page 1
```
```
THE RETREAT ANIMAL RESCUE
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2020`**
## **`Principal address`**
```
Brickyard Farm
Ashford Road
High Halden
Ashford
Kent
TN26 3LJ
```
## **`Trustees`**
```
N R Davies (resigned 27/11/2020)
I H Thompson
Ms L Y Thompson
Ms K V M Foster (resigned 27/11/2020)
Ms M Pierce (appointed 1/4/2020)
Ms A Elliott (appointed 1/4/2020)
Dr C Robinson (appointed 1/4/2020)
```
## **`Independent Examiner`**
```
Miss Samantha Whiting FCA
Institute of Chartered Accountants in England and Wales
Gibbons Mannington & Phipps LLP
Chartered Accountants
82 High Street
Tenterden
Kent
TN30 6JG
```
## **`Solicitors`**
```
Bishop Akers & Co
Haven House
193 Swanley Lane
Swanley
BR8 7LA
```
```
Approved by order of the board of trustees on 27 May 2021 and signed on its behalf by:
```
```
Ms A Elliott - Trustee
```
```
Page 2
```
## **`INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE RETREAT ANIMAL RESCUE`**
## **`Independent examiner's report to the trustees of The Retreat Animal Rescue`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsofTheRetreatAnimalRescue (the
Trust) for the year ended 31 July 2020.
```
## **`Responsibilities and basis of report`**
```
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsin accordance
with the requirements of the Charities Act 2011 ('the Act').
```
```
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutundersection145oftheAct and
incarryingoutmyexaminationIhavefollowedallapplicableDirectionsgivenbytheCharity Commission
under section 145(5)(b) of the Act.
```
## **`Independent examiner's statement`**
```
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattention in
connection with the examination giving me cause to believe that in any material respect:
```
`1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
```
```
Miss Samantha Whiting FCA
Institute of Chartered Accountants in England and Wales
Gibbons Mannington & Phipps LLP
Chartered Accountants
82 High Street
Tenterden
Kent
TN30 6JG
```
```
28 May 2021
```
```
Page 3
```
```
THE RETREAT ANIMAL RESCUE
```
## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2020`**
|`Notes`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
**`Charitable activities`**
`Animal Rescue`
`Other trading activities`
`3`
**`Total`**
**`EXPENDITURE ON`**
`Raising funds`
`4`
**`Charitable activities`**
`5`
`Animal Rescue`
**`Total`**
**`NET INCOME/(EXPENDITURE)`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`TOTAL FUNDS CARRIED FORWARD`**|**`2020`**
**`Unrestricted`**
**`funds`**
**`£`**
**`158,354`**
**`25,000`**
**`24,870`**
**`208,224`**
**`8,257`**
**`229,437`**
**`237,694`**
**`(29,470)`**
**`267,178`**
**`237,708`**|`2019`
`Total`
`funds`
`£`
`223,027`
`-`
`33,289`|
|---|---|---|
|||`256,316`
`7,307`
`230,611`|
|||`237,918`|
|||`18,398`
`248,780`|
|||`267,178`|
```
The notes form part of these financial statements
```
```
Page 4
```
```
THE RETREAT ANIMAL RESCUE
```
## **`BALANCE SHEET 31 JULY 2020`**
|`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`10`
**`CURRENT ASSETS`**
`Debtors: amounts falling due within one`
`year`
`11`
`Debtors: amounts falling due after more`
`than one year`
`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`**
`14`
`Unrestricted funds`
**`TOTAL FUNDS`**|**`2020`**
**`Unrestricted`**
**`funds`**
**`£`**
**`101,652`**
**`17,800`**
**`90,176`**
**`39,756`**
**`147,732`**
**`(11,676)`**
**`136,056`**
**`237,708`**
**`237,708`**
**`237,708`**
**`237,708`**|`2019`
`Total`
`funds`
`£`
`110,565`
`17,800`
`107,976`
`37,149`
`162,925`
`(6,312)`
`156,613`
`267,178`
`267,178`
`267,178`
`267,178`|
|---|---|---|
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
28 May 2021 and were signed on its behalf by:
```
```
A Elliott - Trustee
```
```
I H Thompson - Trustee
```
```
The notes form part of these financial statements
```
```
Page 5
```
```
THE RETREAT ANIMAL RESCUE
```
## **`NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2020`**
## **`1. STATUTORY INFORMATION`**
```
TheRetreatAnimalRescueisanunincorporatedcharityregisteredwiththeCharityCommission for
EnglandandWales.Thecharity'sregisterednumberandbusinessaddresscanbefoundin the
reference and administrative details in the Report of the Trustees.
```
## **`2. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance
withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancial statements
have been prepared under the historical cost convention.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will
berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably. Expenditure
isaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost
relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have
been allocated to activities on a basis consistent with the use of resources.
```
## **`Tangible fixed assets`**
```
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
```
```
Improvements to property- Straight line over twenty five years
Plant and machinery- 25% on cost
Fixtures and fittings- 25% on cost
Motor vehicles- 25% on reducing balance
Computer equipment- 33% on cost
```
## **`Taxation`**
```
The charity is exempt from tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular
restricted purposes.
```
```
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
```
## **`Hire purchase and leasing commitments`**
```
RentalspaidunderoperatingleasesarechargedtotheStatementofFinancialActivitieson a
straight line basis over the period of the lease.
```
## **`Pension costs and other post-retirement benefits`**
```
Thecharityoperatesadefinedcontributionpensionscheme.Contributionspayabletothe charity's
pensionschemearechargedtotheStatementofFinancialActivitiesintheperiodtowhich they
relate.
```
```
continued...
```
```
Page 6
```
```
THE RETREAT ANIMAL RESCUE
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2020`**
## **`2. ACCOUNTING POLICIES - continued`**
## **`Grant income recognition`**
```
Grant income has been recognised under the performance model.
```
```
Grantsthatdonotspecifyanyfutureperformance-relatedconditionsarerecordedwhenthe grant
proceedsarereceivedorreceivable.Anygrantthatimposesspecifiedfuture performance-related
conditionsisrecognisedonlywhentheperformance-relatedconditionsaremet.Grants received
before the revenue recognition criteria are satisfied are recognised as a liability.
```
## **`3. OTHER TRADING ACTIVITIES`**
|`Reimbursed Expenses`
`Cafe income`
`Rent received`
`Horse Livery`
**`RAISING FUNDS`**
**`Other trading activities`**
`Events and activities`|**`2020`**
**`£`**
**`-`**
**`18,495`**
**`6,375`**
**`-`**
**`24,870`**
**`2020`**
**`£`**
**`8,257`**|`2019`
`£`
`2,520`
`22,243`
`6,906`
`1,620`|
|---|---|---|
|||`33,289`|
|||`2019`
`£`
`7,307`|
## **`4. RAISING FUNDS Other trading activities`**
## **`5. CHARITABLE ACTIVITIES COSTS`**
|`Animal Rescue`
**`SUPPORT COSTS`**
`Animal Rescue`|`Direct`
`Costs`
`£`
**`216,380`**|`Support`
`costs (see`
`note 6)`
`£`
**`13,057`**|`Totals`
`£`
**`229,437`**
`Governance`
`costs`
`£`
**`13,057`**|
|---|---|---|---|
## **`6. SUPPORT COSTS`**
```
continued...
```
```
Page 7
```
```
THE RETREAT ANIMAL RESCUE
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2020`**
## **`6. SUPPORT COSTS - continued`**
```
Support costs, included in the above, are as follows:
```
|`Accountancy`
`Independent examination`
`Legal and professional`|**`2020`**
`Animal`
`Rescue`
**`£`**
**`2,000`**
**`1,000`**
**`10,057`**
**`13,057`**|`2019`
`Total`
`activities`
`£`
**`2,290`**
**`1,000`**
**`13,324`**
**`16,614`**|
|---|---|---|
## **`7. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31July2020norfor the
year ended 31 July 2019.
```
## **`Trustees' expenses`**
```
Therewerenotrustees'expensespaidfortheyearended31July2020norfortheyear ended
31 July 2019.
```
## **`8. STAFF COSTS`**
|**`2020`**
**`£`**
`Wages and salaries`
**`46,642`**
`Other pension costs`
**`628`**
**`47,270`**
`The average monthly number of employees during the year was as follows:`
**`2020`**
`Retreat operations`
**`5`**
`No employees received emoluments in excess of £60,000.`|`2019`
`£`
`50,283`
`420`|
|---|---|
||`50,703`|
||`2019`
`7`|
## **`9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
||`Unrestricted`|
|---|---|
||`funds`|
||`£`|
|**`INCOME AND ENDOWMENTS FROM`**||
|`Donations and legacies`|`223,027`|
|`Other trading activities`|`33,289`|
|**`Total`**|`256,316`|
|**`EXPENDITURE ON`**||
|`Raising funds`|`7,307`|
|**`Charitable activities`**||
|`Animal Rescue`|`230,611`|
|**`Total`**|`237,918`|
```
continued...
```
```
Page 8
```
```
THE RETREAT ANIMAL RESCUE
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2020`**
## **`9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**
|**`NET INCOME`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`10.`**
**`TANGIBLE FIXED ASSETS`**
`Improvements`
`to`
`property`
`£`
**`COST`**
`At 1 August 2019`
**`129,394`**
`Additions`
**`-`**
`At 31 July 2020`
**`129,394`**
**`DEPRECIATION`**
`At 1 August 2019`
**`24,899`**
`Charge for year`
**`6,470`**
`At 31 July 2020`
**`31,369`**
**`NET BOOK VALUE`**
`At 31 July 2020`
**`98,025`**
`At 31 July 2019`
`104,495`
`Motor`
`vehicles`
`£`
**`COST`**
`At 1 August 2019`
**`3,000`**
`Additions`
**`-`**
`At 31 July 2020`
**`3,000`**
**`DEPRECIATION`**
`At 1 August 2019`
**`1,313`**
`Charge for year`
**`421`**
`At 31 July 2020`
**`1,734`**
**`NET BOOK VALUE`**
`At 31 July 2020`
**`1,266`**
`At 31 July 2019`
`1,687`|`Plant and`
`machinery`
`£`
**`4,287`**
**`-`**
**`4,287`**
**`3,215`**
**`1,072`**
**`4,287`**
**`-`**
`1,072`
`Computer`
`equipment`
`£`
**`388`**
**`-`**
**`388`**
**`259`**
**`129`**
**`388`**
**`-`**
`129`|`Unrestricted`
`funds`
`£`
`18,398`
`248,780`
`267,178`
`Fixtures`
`and`
`fittings`
`£`
**`6,254`**
**`990`**
**`7,244`**
**`3,072`**
**`1,811`**
**`4,883`**
**`2,361`**
`3,182`
`Totals`
`£`
**`143,323`**
**`990`**
**`144,313`**
**`32,758`**
**`9,903`**
**`42,661`**
**`101,652`**
`110,565`|
|---|---|---|
```
continued...
```
```
Page 9
```
```
THE RETREAT ANIMAL RESCUE
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2020`**
## **`11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
|**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**|||||
|---|---|---|---|---|
|`Prepayments and accrued income`
`Debtors over one year represents rent paid in advance.`
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade creditors`
`Other creditors`||**`2020`**
**`£`**
**`17,800`**
**`2020`**
**`£`**
**`7,794`**
**`3,882`**
**`11,676`**||`2019`
`£`
`17,800`|
|||||`2019`
`£`
`-`
`6,312`|
|||||`6,312`|
## **`12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
## **`13. LEASING AGREEMENTS`**
```
Minimum lease payments under non-cancellable operating leases fall due as follows:
```
||**`2020`**|`2019`|
|---|---|---|
||**`£`**|`£`|
|`In more than five years`|**`245,000`**|`245,000`|
```
TheleasecommitmentisforthepropertyatBrickyardFram,wherethecharityrunsthe retreat.
Theleaseisforaperiodof25yearsandtheaboverepresentsthetotalvalueoftheleaseless the
advance payment of rent made.
```
## **`14. MOVEMENT IN FUNDS`**
|**`Unrestricted funds`**
`General fund`
`Brickyard Farm lease`
**`TOTAL FUNDS`**|`At 1/8/19`
`£`
**`141,402`**
**`125,776`**
**`267,178`**
**`267,178`**|`Net`
`movement`
`in funds`
`£`
**`(11,670)`**
**`(17,800)`**
**`(29,470)`**
**`(29,470)`**|`At`
`31/7/20`
`£`
**`129,732`**
**`107,976`**|
|---|---|---|---|
||||**`237,708`**|
||||**`237,708`**|
```
Net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
`Brickyard Farm lease`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
**`208,224`**
**`-`**
**`208,224`**
**`208,224`**|`Resources`
`expended`
`£`
**`(219,894)`**
**`(17,800)`**
**`(237,694)`**
**`(237,694)`**|`Movement`
`in funds`
`£`
**`(11,670)`**
**`(17,800)`**
**`(29,470)`**
**`(29,470)`**|
|---|---|---|---|
```
continued...
```
```
Page 10
```
```
THE RETREAT ANIMAL RESCUE
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2020`**
## **`14. MOVEMENT IN FUNDS - continued`**
## **`Comparatives for movement in funds`**
|**`Unrestricted funds`**
`General fund`
`Brickyard Farm lease`
**`TOTAL FUNDS`**|`At 1/8/18`
`£`
`105,204`
`143,576`
`248,780`
`248,780`|`Net`
`movement`
`in funds`
`£`
`36,198`
`(17,800)`
`18,398`
`18,398`|`At`
`31/7/19`
`£`
`141,402`
`125,776`|
|---|---|---|---|
||||`267,178`|
||||`267,178`|
```
Comparative net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
`Brickyard Farm lease`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`256,316`
`-`
`256,316`
`256,316`|`Resources`
`expended`
`£`
`(220,118)`
`(17,800)`
`(237,918)`
`(237,918)`|`Movement`
`in funds`
`£`
`36,198`
`(17,800)`
`18,398`
`18,398`|
|---|---|---|---|
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|**`Unrestricted funds`**
`General fund`
`Brickyard Farm lease`
**`TOTAL FUNDS`**|`At 1/8/18`
`£`
`105,204`
`143,576`
`248,780`
`248,780`|`Net`
`movement`
`in funds`
`£`
`24,528`
`(35,600)`
`(11,072)`
`(11,072)`|`At`
`31/7/20`
`£`
`129,732`
`107,976`|
|---|---|---|---|
||||`237,708`|
||||`237,708`|
```
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
`Brickyard Farm lease`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`464,540`
`-`
`464,540`
`464,540`|`Resources`
`expended`
`£`
`(440,012)`
`(35,600)`
`(475,612)`
`(475,612)`|`Movement`
`in funds`
`£`
`24,528`
`(35,600)`
`(11,072)`
`(11,072)`|
|---|---|---|---|
```
continued...
```
```
Page 11
```
```
THE RETREAT ANIMAL RESCUE
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2020`**
## **`14. MOVEMENT IN FUNDS - continued`**
```
In2015thetrusteesdesignateda£200,000donationreceivedfromFriendsofFeralsCATGroup to
the rent of Brickyard Farm, this has been prepaid over the term of the lease.
```
## **`15. RELATED PARTY DISCLOSURES`**
```
In2015,£200,000waspaidtoIThompsonandNDavies,whowerebothtrusteesofthecharity (N
Davieshassincesteppeddown),inrespectofadvancerentsforthepropertyoccupiedby the
charityatBrickyardFarm.Theleaseisdated4September2017andisforaperiodof25 years
from 31 March 2015. Annual rent has been charged at £17,800.
```
```
Unconditional donations received from trustees during the year totalled £nil (2019: £22,819)
```
## **`16. ULTIMATE CONTROLLING PARTY`**
```
The charity is ultimately controlled by its board of trustees.
```
```
Page 12
```