Reglstered Charlty Number: 1105654 REPORT OFTHE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31STJULY 2024 FOR THE RETREAT ANIMAL RESCUE Brachers LLP Somerfield House 59 London Road Maldstone Kent ME16 81H THE RETREAT ANIMAL RESCUE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2024 Page Report ol the Tru51ees 3to4 Independent Examiner's Report Statement of Flnancial Actlvlties Balance sheet Notes to the flnanclal statements 8t014 THE RETREAT ANIMAL RESCUE REPORT OF THE TRusfEES FOR THE YEAR ENDED 31STJULY 2024 Trustees Mr l H Thompson Ms L Y Thompson Ms M Pierce Ms A Elliott Dr C Robinson Independent Examiner En50rs Accountants LLP Incubator 2 The Boulevard Enterprise Campus Atconbury Weald Huntingdon PE28 4XA Solicitors ishop Akers & Co Haven House 193 Swanley Lane Swanlev BR8 7LA Approved by order of the board of trustees on 23 May 2025 and signed on its behalf by: Mr l H Thompson Brickyard Farm Ashford Road High Halden Ashford Kent TN26 3U TH£ RETREAT ANIMAL RESCUE REPORT OF THE TRtisfEES FOR THE YEAR ENDED 31STJULY 2024 The trustees present their report wsih the linancial statements of the charlty for the year ended The trustees have adopted the provislovs of Accountlng and ReportinB by Charities,. Statement of Recommended Practlce applicablp to charities preparing their accounts in accordance with the Financial Reporting Standard app',icable in the UK and Republic of Ireland IFRS 1021 (effective I january 20191. OBJEcnvES AND ACTIVITIES Objectives and actlvlties for the publlc benefit The oblects of the charity are to operate ès a sanctuary for unwanted and abandoned animals. It carries this out by maklng avallable premises vlhich have been adapted as a sanctuary, known a5 Brickyard Farm, tts provide accDmmodation for unwanted animals. The trustees confirm that they have referred to the Charity Commissitsn'5 guidance on public benefit when reviewing the tharity's aims and objectives, In planning future actlvltles. FINANCIAL REVIEW Reserve5 policy It is the polScy of the trustees to maintaSn unrestrlcted funds, which are free reserves of the charityi for Investment In land and bulldln6s to operate a5 a sanctuary for unwanted and abandoned anlma15 and the balance of unrestricted funds is available to mect contlnulng administrative costs. At 31st July 2024 the charity had unrestricted reserves 01 £364.21812023.. £413,525). Thi5 includes £36,77612023: E54,5761 of designated ￿ndS in respect of thè prepaid lease on Brlckyard Farm. This leaves free ieserves of £327,44212023.. f358,9491 to cover future runnlng costs of the charity. FUTURE PLANS The trustees wlll continue its pollcy to provide a sanctuary to help the suffering of unwanted and abandoned arbimals. The charity wlll also be openlng Its veterlnary area on the premises, wf(h certain local vets volunteering thelr tlme there, STRUCTURE, GOVERNMENT AND MANAGEME Govemlng documeb)t The charlty Is controlled by its governlng document, dated 14 April 2004, a deed of trust and constitutes an unlncorporated charlty. Indudlon and tralnlng of new trustee5 V41e look withln our volurnteers and supporters to lielp f5nd new trustees. New trustees are given support to learn the layout of the cèntre, Introduced to staff and tlie animals. New trustec5 also get time to Shadow existlng trustèes and the chance tD attend staff/fundrèising meeting5. Dependlng on the amount of voluntn only for part1c￿1r", ostiicled purposes wthln the ooieEtsol the charity. Remrfctlonsathsewhon spedlled by IhÈ donororwhen funds *re ra15ed IDr p￿tiCUlar iestrlcled purpose Fvrthtr explahltlon olthe naturè and purpose?f ea(hfund Is1￿l￿ded Inthe noles to rhe financlal siaternent. pwcha5eand lew5ihgommltmètsts RÉni¥ts pakl under operii tlr¥ lea5e5 are tharÈed LO *ht Starementof Flnanci81 A¢llvlUe5 OTr 2 stra￿ht Ilr,e ba￿3 over the pefbdolthe le•se. Ptll51DIIUlS1S and other pDst•YetlreTh*rt berleffts The charliy OFeiileJ a dÈllned CDnprliwtlon penslan scherne. cobtrlbthiD￿ pjyab e tDthe ¢hafily'5 penslon s(heme ale chavged ro Ihe5taiÈmettt ol Flwndal Actl￿tIeS in the peilod to whlch they relate. ThE Tiusieos hiv¢ no reason to believe that titÈ cV.aitywill be un4bltsto tontinue oppr*t4ng as a golnE concÈin and adpqualo resDurces to conbnue opetatiJnal exI￿en(e For al least th2 fjext year. The Iru5tEe5 coniinUQ t¢ adopt theBQll8con¢ern ba$b OF 8CCQL'niir* In prep3rln8financ131 staterrbent5, theicwuntinq polk¥ InrÈspw of theI￿n@COnCern, whlch sets outthe bas45 ir a5511mpUons mad@. CDnllMJed... THE RETREAT ANIMAL RESCUE NOTES TO THE FINANCIAI STATEMENTS- contlnued FOR THE YEAR ENDED 31STJULY 2024 2, ACCOUNTING POLICIES- wntinued Grant Income recognltlon Grant income has been recognlsed under the performance model. Grants that do not specify any future perlormance-related conditions are recorded when the grant proceeds are recelved or receivable. Any grant that Impose5 specifled future performance-related condition5 Is recognisod only whEt) the performance-related conditions are met. Grants recelved before the revenue recognitlon criteria are satisfied are recognlsed as a liakn'lity. 3. OTHER TflADING ACTIVITIES 2024 2023 Retr@at Tour Charity Shop Café income (Sales) Rent received (Cabins) 3,380 12,512 2,149 1,715 3.720 9,032 1,947 8,425 19,756 23,124 4. RAISING FUNDS Other trading actlvities 2024 2023 Evenls and activltles 914 562 S. CHARITABLE ACTIVITIES COSTS Support Costs Iseel note 6 Dlrect C05tS Totals Animal Rescue 382,448 15,609 398,057 6. SUPPORT co¥rs Governance cost5 Flnance Tothts Anlmal Rescue 15,609 15,609 contlnued..- THE R ￿EAT ANIMAL RESCUE NOTES TO THE FINANCIAISTA7ÉMENT5. contlnued FOR THE YEAR E14DE0 3JST JULY 2024 &SVPPORT COSTS. coTrtlnuod Suppoitcosts, Included Irb the atsove, 8fe as lollows,. 2014 Anlm21 Res£ue 2023 Animal Restue Bar.k ch2rÈes/interest Accourbtaiicy Independent ex3minatlon leg31 and professlonal Subscriptions L06 1,722 1.89Q 5,566 179 1,60D 9.510 4,273 227 l5.6Q9 7. TRUSTEES. REMUNERATION AND BENEFITS Ihere wele trustees remuntratlon or other bene