## **The Westie Rescue Scheme Limited** **Report and Financial Statements For the Year Ended 31 December 2022** **Charity Number 1107970 Company Number 05165270 Scottish Charity Number SC040484** 1 ## **Westie Rescue Scheme** ## **Financial Statements Year Ended 31 December 2022** |**Contents**
Legal and Administrative Information
Report of the Management Committee|**Page**
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4| |---|---| 2 ## **Westie Rescue Scheme Limited** ## **Report of the Management Committee for the Year Ended 31 December 2022** The Management Committee presents its report and financial statements for the year ended 31 December 2022 ## **Reference and Administrative Information** Charity Name: Westie Rescue Scheme Limited Charity Registration Number: 1107970 Company Registration Number: 05165270 Registered Office: 5 Georgina Court Bolton Greater Manchester BL3 3RD ## **Management Committee** Mr S Yeomans Chairman Mr D Entwistle Treasurer (Retired 31/12/22) Mrs J Sunter Mr S Thomas Mrs L Banham Secretary (Retired 31/12/22) ## **Accountants** Metcalfe’s 3 Back St Mary's Pl, Bury BL9 0DZ ## **Bankers** HSBC, 59 Old Christchurch Road, Bournemouth, Dorset BH1 1EH 3 ## **Structure, Governance and Management** ## Governing Document The organisation is a charitable company limited by guarantee, incorporated on 29 June 2004 and registered as a charity on 4 February 2005. The company was established under a Memorandum of association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £10. This governing document supersedes that of charity number 280657, which was incorporated on 20 July 1980 and whose assets were transferred to the charitable company limited by guarantee 1107970 on 01 September 2005 ## Recruitment and Appointment of Management Committee The directors of the company are also charity trustees for the purposes of charity law (Section 97 of the Charities Act 1993) and under the company’s Articles are known as members of the Management Committee. Under the requirements of the Memorandum and Articles of Association the members of the Management Committee are elected to serve for a period of 3 years after which they must retire and be re-elected at the next Annual General Meeting. One third of the Management Committee will retire which is to be decided by lot under the company’s Articles of Association. The results of this election will be announced at the Charity’s Annual General Meeting on Sunday 25[th] June 2023 The Management Committee have a broad skill mix and whilst the charity’s main activity is focussed on the management of West Highland White Terriers, the necessary business focus is well represented. In order that the broad skill mix is maintained, members of the Management Committee constantly keep abreast of all current practices within the veterinary and business world, seeking advice. In relevant circumstances, individuals with key skills and knowledge are approached to offer themselves for election to the Management Committee. ## Risk Management The Management Committee continually review the major risks to which the charity is exposed. The annual renewal of specific specialist insurance ensures that as far as the Management Committee are able, all volunteers and West Highland White Terriers that are within the charity’s care are protected. Where appropriate, systems and/or procedures have been established to mitigate the risks the charity faces. Internal controls have been established by the Management Committee and are reviewed on a regular basis to ensure that wherever possible, all risks have been identified and procedures put in place to mitigate those risks. 4 ## Organisational Structure The Westie Rescue Scheme has a Management Committee of up to 16 members who meet quarterly and are responsible for the strategic direction and policy of the charity. At the end of the financial year 22, the Committee had 5 (five) members from a variety of backgrounds relevant to the work of the charity. A scheme of delegation is in place and ultimate responsibility for the charity rests with the Chairman along with other members of the Senior Management Committee (Secretary and Treasurer). The Chairman is responsible for ensuring that the charity delivers the services specified and laid out in the Charity’s Articles and Memorandum of Association. The Secretary has day to day responsibility for the supervision of all regional Co-Orindators and to ensure that they are aware of the most current guidelines and that everyone is working to them. It is also the Secretary’s responsibility to ensure that the team continue to develop their skills and working practices in line with the Management Committee’s current ‘Guidelines’. ## Related Parties In so far as is complimentary to the charity’s objects, the charity is guided by both local and national policy pertaining to the welfare of animals. Some members of the Committee are also members of relevant breed organisations and also professional bodies pertaining to their particular role within the Charity. The charity also subscribes (freely and without payment) to the Kennel Club’s Rescue Directory, which is published annually. ## **Objectives and Activities** The company’s objects and principal activities are to: - benefit the public by relieving the suffering of West Highland White Terriers (and other breeds at the discretion of the directors) which are in need of care and attention and - in particular to provide and maintain rescue homes or other facilities for the reception, care and treatment of the said animals. ## **Charity Activity** Below are the statistics for dog movement throughout 2022: Accepted in 2022: 17 Adopted in 2022: 20 Still in foster care to 31/12/2022: 3 Put to Sleep (PTS) in 2022: 0 Long Term Foster Care (LTF) to 31/12/2022: 12 Life Time Care (LTC) to 31/12/2022: 16 - **Long Term Foster Care** These are dogs which are unlikely to be adopted due to chronic health or behavioural problems or long term treatment. These dogs are deemed to be “Not available for adoption” and will remain with their foster carer likely for their life time. 5 **Life Time Care** - These dogs have been adopted with known veterinary or behavioural issues that The Westie Rescue Scheme will continue to pay the dogs veterinary and or behavioural care but only for the condition(s) known at the time of adoption. The new owner is responsible for all other care costs. The adoption of these dogs is entered into with the new owner’s full knowledge and understanding of the health and or behavioural of the dog concerned. A legally binding agreement is completed and signed by the new owner and The Westie Rescue Scheme. ## **Financial Review** Total income for 2022 increased to an amazing £153,837.67, which, for the most part, was thanks to a large bequest received in the year. With the restrictions lifted from prior years, we also saw the number of dogs moving around in the Charity start to increase too. This gave rise to an overall increase in revenue across the board, in adoption fees as well as general donations sent into the Charity. The Charity operates on a very small expense base, as it is always our aim to spend the majority of the money we receive on the dogs themselves. We continually monitor what we are spending and how we are utilising the assets within the Charity. Our operating costs were largely in line with where they have been in the past few years, with the majority of expenses coming from veterinary bills. Unfortunately, this is a cost area that we continue to see grow. Overall the Charity reported a £112,458 surplus for the year, resulting in net reserves increasing to £698,441 ## Principal Funding Sources As has been reported in prior years, the principal sources of funding come from generous donations; be they general donations from the public or through bequests and legacies. Aside from legacies, there continued to be a good amount of donations from the public and continued support from all the Friends of the charity. ## Principal Expenditure The trustees regularly review the financials of the Charity and ensure all costs are as streamlined as possible. It is the charity’s endeavour to keep the proportion of expenditure on the dogs above 80% of all expenditure. In 2022, the Charity fell short of the target by just 5.4% at 74.6%. exactly the same number as the year before. 6 ## Reserves Policy Bank Reserves stood at £698K in 2022, a £113K increase on 2021. Thanks to a very large bequest left some time ago, the Trustees established the Linda Stafford Memorial Reserves Fund. The aim of this fund is to identify the reserves required to support all Westies that are in Life Time Care up until the end of their life. This has been calculated based on the average cost of each dog per year in life time care. As a result, the Trustees reported the Linda Stafford Reserves as £72,051 in 2022, with other Charity Reserves standing at £626,390. This represented £18,381 for LTF dogs and £53,670 for LTC dogs ## **Responsibilities of the Management Committee** Company law requires the Management Committee to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure for the financial year. In preparing those financial statements, the Management Committee should follow best practice and: - select suitable accounting policies and then apply them consistently - make judgements and estimates that are reasonable and prudent; and - prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will continue on that basis. The Management Committee is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Management Committee is 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. ## Members of the Management Committee Members of the Management Committee, who are directors for the purpose of company law and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 3. ## Simon Yeomans S Yeomans Director 25[th] June 2023 Approved by the Board of Directors 25[th] June 2023 7 Registered Number:05165270 England and Wales The Westie Rescue Scheme Limited Unaudited Financial Statements For the year ended 31 December 2022 The Westie Rescue Scherne Limited Contents Page For the year ended 31 December 2022 Statement of Financial Position Notes lo the Financial Statements 2103 Registered Number.. 05165270 The Westie Rescue Scheme Limited Statement of Financial Position As at 31 December 2022 Notes 2022 2021 Rx•d assets Propety. plant and equipment 731 731 2,545 2,545 Cur•nt assets Inventories Cash and cash equivalents 2,702 698.440 2.555 582,077 Trade and other p8y•blos". amounts falling due wlthln onè ar {3.5451 11,307) Net current •ss•t¥ 697,ya7 583.325 Total assets 188$ ¢urr•nt Ilabilitios 698.328 585.870 Net assets 698.328 585,870 Capltal and le￿r¥e5 Retaine(J eamings Mgmbers. Funds 698.328 585,870 698,328 585.870 For tha year ended 31 December 2022 the company was entiued to exemption from audlt under Section 477 of th& Companies Act 2006 relating to small companies. The members have not rgquired the company to oblaln an audit of its ffinanclal statements for the year ended 31 December 2022 in accordance Section 476 of the Companies Act 2006 The directors aCknO￿edge their responsibilibes foT: a) ensuring that the company keeps proper accounting records which ¢omply vAlh Sections 386 and 387 01 the Companies Act 2006 and b) preparing fin8nci81 stalgments which give a true and falr view of the state of affairs of the company as at the end of each financial year and of its profit or loss for eaGh financial year in accordance with the Trquirements of Seelion 394 and 395 and Kthich olhewse comply with the requirements of the Compani8s Act 2006 relating to financial sta16ments. so far as 8pplicable lo th6 company. In accordance with Section 444 of the Companles Aet 2006, the Income Ststement has not bggn delivered. The finaneial stslements have bgen prepared and dolivered in accordance ¥￿th the provlslons 8pplicablg lo companies subject lo the sm811 Companies regime. These financial ststsments were approved and authorised for issue by the Board on 06 September 2023 aTrJ were signed by.. Simon J Yeoman$ Direcfr The notes fomi part of these financial statements 1of3 The Westie Rescue Scheme Limited Notes to the Financial Statements For the year ended 31 December 2022 Statutory Informatlon Thg Westig Rescue Scheme Limitwj 15 8 private limlted ¢ompany, limSled by guarantee, domiciled in England and Wales, reoistralion number 05165270. Principal place of business= 5 Georgina Court Boiton Lancashlre 8L3 3RD Registered address: 3 St Ma￿$ Place Bury Lan¢ashir8 England BL9 ODZ The presentation currèncy is £ sterfing. 1. I￿o￿ntIng pDllclos Basls of preparing th• flnanclal statements These fi'nancial stslements have be8n prepared in accordance wth the provisions of Section 1A of Financl81 Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the hlstorical costs convention as modified by the revaluatlon of eertain assets. Proporty. plant and equlpm•nt Propety. plant and equipment. other than freehold18nd. are ststed at cost or valuation less deprectalion and any provision for impairment. Depreciation is provided at rates calcu18ted to writs off the cost or valuation of fixed assets, lass their eslimale(J residual value. over their expected useful lives on the followng basis.. Computer Equlpment 33.30/0 Straight line Motor Vehicles 25010 Straight line Fumilure and Fitttngs 33.3Vo Straight Ilne Inventorigs Inventories are value at thg lower of cost and nal reolisable value, after making due allowance for obsofete ond slow moving items. 2of3 The Westie Rescue Scheme Limited Notes lo the Financial Statements Continued For the year ended 31 December 2022 2. Property, plant and equlpment Motor Fumltur• and V•hldo8 Flttlngs Computsr Equlpm8nt Tolal Cost or valuatlon At01 January 2022 Disposals At 31 December 2022 31.732 131,7321 8,378 33.534 131.3411 2.193 73,644 (63.0731 10,571 8.378 Provi$lon for deprecl*lon and Impalrniént At 01 January 2022 Charge for year On disposal At 31 Decemb8r 2022 31,732 8,378 30,989 1.815 131.342) 1.462 71.099 1,815 {63.0741 9.840 {31.7321 8.378 Net b¢)ok value At 31 December 2022 731 731 At 31 December 2021 3. Inventorl08 2022 2021 Stocks 2.702 2,555 4. Trad• and other payables: amounts falling due wFthln ono yoar 2022 2021 Trade creditors Other creditors 3,545 737 570 1.307 5. Averagg number of person$ omployed During the year th8 average number of employees was O 3of3 CHARITY COMMISSION Independent Examiner's Report on the Accounts Section A Independent Examiner's Report Report to the trustees/membeis of IhaiityNamE On accounts lor the year ended charity no {11 any) Sel out or* pages lEe$p￿tIVe Tesponslbllltles ol trustees examlner The charity's trustees ale iespoTrslble loi the preparation ol the accounts. The charity's tsustees considei that an audll Is nol ieouired foi this year undei se(lion 144 01 ihe Charitie5 Act 2011 (the charltles Act) and that an independent exatninatloTr15 needed. 11 15 my responslblllty to- examlne the accounts undei Section 145 01 ihe charltles Acl, to follow the procedures lald down In ihe geTreial DiieclioTrs given by the charity (ornmission {under sectlon 14515}Ibl ol the (haiities Act), and to state wherher particular matters have come to my attention. Basls of lftdependent examlner's My examlnation was carrled out In accordance wlth geneial Diiertions given by the statement Charity (offlmisslon. An examlnation include5 a feview ol the accounting ieioids kept by the charity and a compailson of the accounts presented with those iecoids. It also iniludes consideiation ol any unusual Items 01 di51105ures I￿ the accDuThls. and seeking explanations from the trustees concerning ony such matters. The pioceduies undeitaken do not provlde all the evidence that would be required in an audit, and consequently no oplnlonls glven as to whethei the accounts piesent a'lrue and lalr, view and the repoFI Is limlted to those matleis sei out in the statement below. Independeni examlner's ststement In conneitlon wlth my examlnatlon, no mattel has corne to my atlenllon lothei than Ihat disilosed below,).. lil which gives me reasonable cause to belleve thai in. any material respect. the iequlrements.. to keep accounting records in accordance wlth section 130 01 ihe (haiilies A(i,. to piepèie atcount5 which accord with the accountlng iecord5 Jnd comply wlth the accouniing yequliefflent5 of the chaflties Act have not been met,. or 121 to which, in my oplnlon, attention should be drawn in order to enable a Pfoper understandlng ol the accounts to be leached. -' Ple05e delete the words in the brockets if they do ￿0{ opply. Slgned Date 19 ows Name DAVlb GIO Relevant prolesslonal quallficatlonls) oi body (11 any) Addiess ST. MAIL4S Lg Obz IER Marth 2(112 Section B Disc105UTe Only cornplete il ihe exatninei need5 lo highllghl material problems Give hele biiel details of any items that the examlner wlshes to disclose IA- IER Marth 2012