Charity Registration No. 1108726
Company Registration No. 05226688 (England and Wales)
TECKELS ANIMAL SANCTUARIES
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2020
PAGES FOR FILING WITH REGISTRAR
TECKELS ANIMAL SANCTUARIES
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees Mr G Ridd Mr C V Free Mr P Barrett (Appointed 24 October 2019) Mrs J Bisley Treasurer Mrs K Mathews Secretary Mr C V Free Charity number 1108726 Company number 05226688 Principal address Bristol Road Whitminster Glos GL2 7LU Registered office Bristol Road Whitminster Glos GL2 7LU Independent examiner Griffiths Marshall Beaumont House 172 Southgate Street Gloucester GL1 2EZ Bankers Lloyds 12 Rowcroft Stroud Gloucestershire Solicitors Veale Wasbrough Vizards LLP Narrow Quay House Narrow Quay Bristol BS1 4QA Insurance R & Q Commercial Risk Services Ltd 1 Cornhill London EC3V 3ND
TECKELS ANIMAL SANCTUARIES
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 4 |
| Independent examiner's report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8 - 17 |
TECKELS ANIMAL SANCTUARIES
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2020
The trustees present their report and financial statements for the year ended 30 September 2020.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's Memorandum of Association , the Companies Act 2006 and “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 2015)”
Structure, governance and management
The charity is a company limited by guarantee.
The trustees, who are also the directors for the purpose of company law, and who served during the year were:
Mr G Ridd Mr C V Free Mr P Barrett (Appointed 24 October 2019) Mrs J Bisley D Ellis (Appointed 22 June 2020 and resigned 26 October 2020)
The Charity is governed by a Board of Trustees, drawn from the local area who are able to bring particular skills or expertise to the management of the Charity. Trustees are appointed by members at the Annual General Meeting or co-opted by the board when considered appropriate. There is a maximum of nine trustees and three for a quorum.
Trustee meetings are held monthly to review all areas of the Charity and subsidiary company’s activities. Management staff are invited to attend as required to provide further data on specific issues. The trustees have identified the major risks to which the Charity is exposed. These have been reviewed and systems have been established to mitigate risks in all areas.
Trustee recruitment is done through the charity's website and newsletter, volunteer sourcing websites and by recommendation. Induction of new Trustees comprises of a meeting with the Chair to review the Charity's activities and objectives, they are then invited to attend the next Board meeting to give a short overview of their background to the rest of the Board. The Trustees then take a vote and, if the candidate is deemed suitable and with appropriate skills, they join the Board as a Co-opted Trustee. They are provided comprehensive information detailing the requirements and responsibilities of a Trustee together with a copy of the latest Financial Statements, a copy of the Charity’s governing document and reference material to familiarise themselves with the work of the charity.
Related Parties
Teckels Animal Sanctuaries (TAS) has a wholly owned trading subsidiary, Teckels Boarding Kennels (TBK Ltd.), Company Registration Number 05024252. All profits from this company are covenanted to the Charity.
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TECKELS ANIMAL SANCTUARIES
TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2020
Risk Management
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Objectives and activities
The charity's objective per the Memorandum is the protection and benefit of animals of all kinds, including their protection and preservation from cruelty, suffering, ill-usage, distress or sickness, or who are otherwise in need of care and attention.
The charity's aims are interpreted by the trustees to include the welfare and rehoming of animals given to our care, including veterinary bills and homing costs. The policies adopted in furtherance of these aims are to provide a safe shelter for the animals and ensure that the homes to which they are rehomed are suitable.
We strive to maximise the profitability of business opportunities at Teckels in order that the trading company may make larger contributions to the charity. Any bequests or large donations can be directed into savings accounts for site improvements and investment.
The trustees pay due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake and regularly monitor the level of reserves. The reserves policy has a target of three months of operating costs to be kept in reserve. The minimum reserve level is six weeks of operating costs maintained in the bank. The trustees consider that reserves at this level will allow them to continue the charity's current activities whilst making modest improvements to the centre and its facilities.
All staffing, administration and accounting systems continue to be reviewed where felt appropriate. The trustees recognise their duty of care to the staff employed for this purpose and to the volunteers who provide invaluable and additional assistance. The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities.
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TECKELS ANIMAL SANCTUARIES
TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2020
Year in review
Our financial year October 2019 – September 2020 has been a very challenging one for the charity along with many other businesses around the world.
The period commenced with the Charity in a financially strong position following the previous years hard work. An exciting and innovative 5-year strategy had been signed off by the Trustees and we were looking to invest in the estate to improve facilities for our animals.
Other proposals included:
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To diversify and significantly grow income streams
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Refurbish existing kennels and cattery facilities
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To work more closely with other sanctuaries in terms of funding opportunities and service
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Upgrade the rescue cattery
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Install all weather surfaces to the paddocks
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Further engage with local business in joint projects
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Develop and grow further partnerships within the local community.
Unfortunately, as we all know, the COVID-19 pandemic forced us to drastically review our plans.
Due to the enforced lock down, boarding income stopped. The Charity relies heavily on this income, and although seasonal, this had the potential to close the Charity as in previous years this income had formed 50% of our total annual income figure.
However, it is due to the hard work and commitment of all staff that the Charity was able to weather this storm
by applying the following strategies:
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Utilising the Government furlough scheme and securing COVID-19 grants
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Interrogating and reducing all expenditure budget lines where possible including closing reception.
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Developing new income streams through social media and working with partners to hold virtual events
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Implementing strict COVID-19 measures and risk assessments.
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Reorganising staff rotas to reduce potential infection opportunities.
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Restricting site access and volunteer activity whilst holding fund raising events in a COVID-19 compliant manner.
Along with many others, Teckel's also witnessed an increase in animals requiring rehoming and had to balance this against the direction from the ADCH to stop rehoming. Further demands are expected as furlough ends and people return to work or experience financial pressures.
We continued to develop partnering contacts including FHT and Stroud Council to ensure that we maintained
these provisions.
The Trustees greatly appreciate the consistent hard work and effort from the staff during this incredibly difficult period to ensure the viability and longevity of the Charity.
As a result of the implementation of the above total income at 30th September 2020 was £302,381 down £40,109 on the previous year.
Volunteers
A large number of volunteers came forward to support the Charity, with the recruitment of a Volunteer Coordinator enabling us to manage and support our fantastic volunteer groups.
All volunteers receive an induction prior to joining us and we now run volunteer social media groups and
training events.
There are a number of volunteer lead initiatives working through committee structures to support and develop the charity.
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TECKELS ANIMAL SANCTUARIES
TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2020
Future plans
Proposed plans for 20 20 -202 1 :
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To diversify and significantly grow income streams
-
Refurbish existing kennels and cattery facilities
-
To work more closely with other sanctuaries in terms of funding opportunities and service
-
Upgrade the rescue cattery
-
Install all weather surfaces to the paddocks
-
Further engage with local business in joint projects
-
Develop and grow further partnerships within the local community.
The trustees' r eport was approved by the Board of Trustees.
Mr G Ridd Trustee Dated: 13 May 2021
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TECKELS ANIMAL SANCTUARIES
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TECKELS ANIMAL SANCTUARIES
I report to the trustees on my examination of the financial statements of Teckels Animal Sanctuaries (the charity) for the year ended 30 September 2020.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity 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 charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act) . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charity’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 Institute of Chartered Accountants England & 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 that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements 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
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4 the financial statements 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 financial statements to be reached.
Griffiths Marshall
Beaumont House 172 Southgate Street Gloucester GL1 2EZ
Dated: 13 May 2021
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TECKELS ANIMAL SANCTUARIES
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2020
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2020 | 2019 | ||
| Notes | £ |
£ | |
| Income and endowments from: | |||
| Donations and legacies | 3 | 171,904 | 232,728 |
| Incoming resources from charitable activities | 4 | 107,474 | 109,391 |
| Other income | 5 | 3,003 | 371 |
| Total income | 282,381 | 342,490 | |
| Expenditure on: | |||
| Charitable activities | 6 | 326,595 | 272,435 |
| Net (expenditure)/income for the year/ | |||
| Net movement in funds | (44,214) | 70,055 |
|
| Fund balances at 1 October 2019 | 617,043 | 546,988 | |
| Fund balances at 30 September 2020 | 572,829 | 617,043 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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TECKELS ANIMAL SANCTUARIES
BALANCE SHEET
AS AT 30 SEPTEMBER 2020
| Notes Fixed assets Tangible assets 10 Investments 11 Current assets Debtors 12 Cash at bank and in hand Creditors: amounts falling due within one year 14 Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 15 Net assets Income funds Unrestricted funds |
2020 £ 9,402 112,116 121,518 (87,983) |
£ 595,314 1 595,315 33,535 628,850 (56,021) 572,829 572,829 572,829 |
2019 £ 2,740 109,997 112,737 (44,939) |
£ 615,839 1 615,840 67,798 683,638 (66,595) 617,043 617,043 617,043 |
|---|---|---|---|---|
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 13 May 2021
Mr G Ridd
Trustee
Company Registration No. 05226688
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TECKELS ANIMAL SANCTUARIES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020
1 Accounting policies
Charity information
Teckels Animal Sanctuaries is a private company limited by guarantee incorporated in England and Wales. The registered office is Bristol Road, Whitminster, Glos, GL2 7LU.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's [governing document], the Companies Act 2006 and "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 charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling , which is the functional currency of the charity. Monetary a mounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Incoming resources
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised in the accounts as they are received and the charity is entitled to the benefit of the legacy.
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TECKELS ANIMAL SANCTUARIES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2020
1 Accounting policies
(Continued)
1.5 Resources expended
Expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.
Support costs are those costs incurred directly in support of expenditure on the objects of the Charity. Governance costs are those incurred in connection with the administration of the the Charity and compliance with constitutional and statutory requirements.
All resources expended are ex clu sive of VAT.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Land and buildings 2% straight line Fixtures, fittings & equipment 25% straight line Motor vehicles 25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.
1.7 Fixed asset investments
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year . Transaction costs are expensed as incurred.
A subsidiary is an entity controlled by the charity. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
1.8 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) .
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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TECKELS ANIMAL SANCTUARIES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2020
1 Accounting policies
(Continued)
1.10 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
1.11 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
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TECKELS ANIMAL SANCTUARIES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2020
3 Donations and legacies
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2020 | 2019 | |
| £ | £ | |
| Donations and gifts | 112,517 | 228,001 |
| Gift aid and commissions received | 19,387 | 4,727 |
| Covid grant | 40,000 | - |
| 171,904 | 232,728 |
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TECKELS ANIMAL SANCTUARIES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2020
4 Incoming resources from charitable activities
| Adoptions Sponsorship Membership Fundraising Shop Sales 2020 2020 2020 2020 2020 £ £ £ £ £ Sales within charitable activities 28,548 1,059 12,728 42,571 2,768 Charitable rental income 19,800 - - - - 48,348 1,059 12,728 42,571 2,768 |
Total 2020 £ 87,674 19,800 107,474 |
Total 2019 £ 89,748 19,643 109,391 |
|---|---|---|
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TECKELS ANIMAL SANCTUARIES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2020
5 Other income
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2020 | 2019 | |
| £ | £ | |
| Other income | 3,003 | 371 |
| Charitable activities | ||
| Adoption | Adoption | |
| costs | costs | |
| 2020 | 2019 | |
| £ | £ | |
| Staff Costs | 177,614 | 117,000 |
| Depreciation and impairment | 22,209 | 22,572 |
| Vet Fees | 53,027 | 37,421 |
| Bedding | - | 20 |
| Pet ID | - | 558 |
| Animal Feeds | 2,318 | 700 |
| 255,168 | 178,271 | |
| Share of support costs (see note 7) | 64,594 | 84,710 |
| Share of governance costs (see note 7) | 6,833 | 9,454 |
| 326,595 | 272,435 |
6 Charitable activities
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TECKELS ANIMAL SANCTUARIES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2020
| 7 Support costs Support costs Governance costs £ £ Operating lease charges - - Rates 3,417 - Insurances 1,828 - Heat & light 8,654 - Repairs & maintenance 12,089 - Postage & stationery 3,492 - Telephone 1,287 - Motor running 2,607 - Equipment hire 4,478 - Travelling 1,358 - Sundry 25,384 - Accountancy - 1,300 Legal and professional - 3,590 Bank loan interest - 1,598 Bank charges - 345 Consultancy fees - - 64,594 6,833 Analysed between Charitable activities 64,594 6,833 |
2020 £ - 3,417 1,828 8,654 12,089 3,492 1,287 2,607 4,478 1,358 25,384 1,300 3,590 1,598 345 - 71,427 71,427 |
Support costs Governance costs £ £ 2,755 - 1,521 - 1,336 - 3,422 - 9,413 - 2,760 - 1,364 - 4,042 - 5,257 - 168 - 52,672 - - 1,840 - 3,034 - 1,819 - 750 - 2,011 84,710 9,454 84,710 9,454 |
2019 £ 2,755 1,521 1,336 3,422 9,413 2,760 1,364 4,042 5,257 168 52,672 1,840 3,034 1,819 750 2,011 94,164 94,164 |
|---|---|---|---|
Governance costs includes payments to the independent examiners of £ 1,300 (2019- £ 1,300 ) for accountancy and examination fees.
8 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
9 Employees
| Employment costs | 2020 | 2019 |
|---|---|---|
| £ | £ | |
| Wages and salaries | 177,614 | 117,000 |
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TECKELS ANIMAL SANCTUARIES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2020
10 Tangible fixed assets
| Cost At 1 October 2019 Additions At 30 September 2020 Depreciation and impairment At 1 October 2019 Depreciation charged in the year At 30 September 2020 Carrying amount At 30 September 2020 At 30 September 2019 |
Land and buildings Fixtures, fittings & equipment Motor vehicles £ £ £ 736,815 53,451 6,400 - 1,684 - 736,815 55,135 6,400 136,502 39,420 4,905 14,736 7,099 374 151,238 46,519 5,279 585,577 8,616 1,121 600,313 14,031 1,495 |
Total £ 796,666 1,684 798,350 180,827 22,209 203,036 595,314 615,839 |
|---|---|---|
Investment properties rented to another group entity have been accounted for using the cost model.
11 Fixed asset investments
| Other | |
|---|---|
| investments | |
| Cost or valuation | |
| At 1 October 2018 & 30 September 2019 | 1 |
| Carrying amount | |
| At 30 September 2020 | 1 |
| At 30 September 2019 | 1 |
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TECKELS ANIMAL SANCTUARIES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2020
| 11 Fixed asset investments Other investments comprise: Notes Investments in subsidiaries 17 12 Debtors Amounts falling due within one year: Trade debtors Prepayments and accrued income 13 Loans and overdrafts Bank loans Payable after one year 14 Creditors: amounts falling due within one year Other taxation and social security Trade creditors Amounts owed to subsidiary undertakings Other creditors Accruals and deferred income 15 Creditors: amounts falling due after more than one year Notes Bank loans 13 |
(Continued) 2020 2019 £ £ 1 1 2020 2019 £ £ 7,975 1,247 1,427 1,493 9,402 2,740 2020 2019 £ £ 56,021 66,595 56,021 66,595 2020 2019 £ £ 1,289 (7,276) 16,937 3,677 18,391 (2,828) 50,000 50,000 1,366 1,366 87,983 44,939 2020 2019 £ £ 56,021 66,595 |
|---|---|
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TECKELS ANIMAL SANCTUARIES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2020
16 Related party transactions
There were no disclosable related party transactions during the year (2019 - none).
17 Subsidiaries
These financial statements are separate charity financial statements for Teckels Boarding Kennels Ltd.
Details of the charity's subsidiaries at 30 September 2020 are as follows:
| Name of undertaking | Registered | Nature of business | Class of | % Held |
|---|---|---|---|---|
| office | shares held | Direct | ||
| Teckels Boarding Kennels | UK | Animal Boarding Kennels | Ordinary | 100 |
| Ltd | shares |
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