Charity Registr8lion No. 1108726 Company Registralion No. 05226688 (England & Wales) TECKELS ANIMAL SANCTUARIES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Charity Registration No. 1108726 Company Registration No. 05226688 (England & Wales) TECKELS ANIMAL SANCTUARIES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Legal and Administrative Information Trustees Ms C Hatfield MrCVFree Mr P J Rogol Ms A Linker Cashflow statement Ms P Clydesdale Mr R Akhurst Treasur8r Ms R Braisby Secretary MrCVFree Charity number Company number 1108726 05226688 Principal address and Registered Office Bristol Road Whitminster Gloucestershire GL2 7LU Independent Examiner Albert Goodman LLP Goodwood House Blackbrook Park Avenue Taunton Somerset TA12PX Bankers Lloyds Bank PIC 142 Rowcroft Stroud Gloucestershire GL TECKELS ANIMAL SANCTUARIES REPORT AND UNAUDITED FINANCIALSTATEMENTS FOR THE PERIOD ENDED 30 SEPTEMBER 2024 CONTENTS Pages Report of the Truste8S 1 to2 Trustee Review of the year 3106 Independent Examinerfs Report Statement of Financial Activities Balance Sheet Cashflow statement 10 Notes to the Financial Statements 11 to21 Charity Reglslrailon No. 1108726 Company Regislratlon No. 05226688 (England & Wales) TECKELS ANIMAL SANcfuARIES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES, REPORT (including DIREcfoRS REPORT) The trustees present their report and financial statements for the year ended 30 September 2024. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and complywith the charity's Memorandum of Association, the Companies Act 2006 and"Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparingtheir accounts in accordance with the Financial Reporting Standard applicable in the UK IFRS 1021 (effective l January 20191" Structure, governance and management The charity is a company limited by guarantee. The trustees, who are also the directors for the purposes of company law, and who served during the year were: MrCVFree Mr PJ Rogol Ms A Linker Ms C Hatfield (appointed 23 October 20231 Ms P Clydesdale (appointed 7 December 20231 Mr R Akhurst (appointed 7 December 20231 The Charity is governed by a Board of Trustees, drawn from the local area who are able to bring particular ski115 or expertise to the management of the charity. Trustees are appouinted by members at the Annual General Meeting or co-opted bythe board when considered appropriate. There is 8 maximum of nine trustees and three for a quorum. Trustee meetings are held monthly to review all areas ot the Charity and its subsidiary company's activities. Management staff are invited to attend as required io provide further data on specific issues. The trustees h8ve 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. Related partle8 Teckels Anim81 SanctU8ries IfASI has a wholly owned trading subsidiary, Teckels Boarding Kennels Limited ITBK), Company reglstration number 05024252. All profits from this company are covenanted to the Charity. Rlsk Management The trustees have assessed the major risks to which the Charity is exposed. and are satisfied that systems are in place to mitig8te exposure to the major risks. Objectlves and actlvltles The Charity's objectives per the Memorandum Is the protection and benefit of animals of all klnds. Includlng thelr protection and preservation from cruelty, suffering, ill-usage. dlstress or sickness, or that are otherwise in need of care and attention. The charity's aims are interpreted by the trustees to include the welfare and rehomingof animals given to our care. including veterinary bills and homing ¢osts. 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 8¢tivities the Charity should undertake and regularly monitor the level of reserves. The reserves policy has a target ofthree months of operating costs to be kept in reserve, The minimum reserve level is six weeks of operating costs mainained in the bank. The trustees consider that reseNes at this level will allow them to continue the charity's current activities whilst making modest improvements to the centre and its facilities, All staff. 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 ¢ontain8d in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. TECKELS ANIMAL SANcfuARIES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES, REPORT (including DIREcfoRS REPORTI Year in review and future plans See Trustee Review of the Year Volunteers Volunteeers continue to play a vital role in supporting the Charity and there are a number of volunteer led initiatives. Trustees. Responsibilities In Relatlon to the Financlal Statements The trustees (who are also directors of Teckels Animal Sanctuaries for the purposes of comparby13wI are responsible for preparing the Trustees, Report lin¢orpofating the directors. report) and the financial statements in accordance with applicable law and United Kingdom Accounting Stand8rds, including Financial Reporting standard 102: The Financial Reportingstandard applic8b18 in the UK8nd Republic ofire18nd (United Kingdom Gen8rally Accepted Accounting Practice). Company law requires the trust8es to prepare financial statements for each financial ye8r which give a true and fair view of the state of aff airs ofthe charitable company and of the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees 8re required to: select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP; make judgments and accounting estimates that are reasonable and prudent; state whether applicable UK Accounting standards have been followed. subject to any material departures disclosed and explained in the financial statements, and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for Maintaining proper accounting records which di8close with reasonable accuracy at any time the financial position of the charitable ¢omp8ny and en8b18 them to ensure that the fin8nci81 statements comply with the Companies Act 2006. They are also responsible for safeguardingthe assets of the charitable company and hence for takin8 reasonable steps for the prevention and detectlon of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and f inancial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Approved by the Trustees on ........... and signed on their behalf by,. Claire Hatfield Chair of the Trustees Date: IL)4l£f TECKELS ANIMAL SANCTUARIES Trustee Review of the Year October 2023-September 2024 Our cat and dog rescue services is running at capacity as we are still seeing high level of demand lor people needing help as the cost of living crisis continues to affect pet owners ability to cari ng for their pets. We do everything we can to meet the challenge and address that demand though,. support with pet supplies to keep pets with their owner. rehoming surrendered pets through our cal and dog rescue service adoption programme signposting pet owners to other suitable pel rescue services wait listing those needing to surrender their pel until we have space In the past year we have successfully rehomed 102 cats and 72 dogs. Flnancial po3ltlon Teckels Animal Sanctuaries started the financial year in Oct 2023 with strong cash position from the emergency public appeal for funds in May 2023 to enable the charity to continue operatingwithout needing major changes. Cashflow statement Togelher wlth its subsidiary Teckels Boarding Kennels Ltd, the sanctuary is now in a far healthier position financially than in early 2023. but still not making a surplus. This financial year 18 about break even, which 18 better than was forecast at the beginning of financial year. I n¢omo iourcei For our income we make money in three ways: donations and legacies- programmes to attract regular and one off donors anlmal servlces- 8doption of rescue animals, pet boardlng and kennelling rental to other agencles fundr8ising- events, regular fundraiser activities and second-hand goods sales. We 81so apply for grants for specific expendlture and some gener81 expenditure. Leg8cies £763.98 7 (2023 - £780, 728) We are still reliant on legacies from kind long term supporters to break even every year, This is a high-risk position as the nature of legacies is unpredictable in bolh frequency and quantity. Thus, our focus will continue to be increasing existing incomes such as one off donations and events and in finding new income streams such as regular donations and more sale of second h8nd goods. Donations £219,097 (2023- £309.075) A donations campaign Launched in 2023 as part of the emergency appeal now brings in per month over £5000 in regular donations and £2000 in one-off donations. We need more long-term regular supporters on this program so more marketing resource will be dedicated lo promotion of that progr8mme. TECKELS ANIMAL SANCTUARIES Trustee Ravlew otthe Year October 2023- September 2024 - Cont'd Animal services This includes adoptions, pet boarding and kennelling rental to other agencies Ithe latter two reported in the accounts of our tradi ng subsidiary Teckels Boarding Kennels Ltdl. Adoptions: £25,540 (2023 - £24,520) BoardingTrading: £266.601 12023 - £246,497) Fundraising £35. 733 (2023 - E69,315) We run fairs three times a year which includes 8 family dog show and hold a winter giamourous ball. We run regular fundraiser activities throughout the year such as car boot sales, pub quizzes a nd sponsored activities, and make collections both regular hosled and targeted locations. We sell second hand donated goods in a variety ofways such as pet products at the animal centre shop and at our spring summer and winter fairs, a variety of people and pet goods at our regular car boot sales, and a variely otAoods in tombola and raffles at our fairs. Gr8nts - restricted £65,905 (2023 - £27.600)- Unrestricted E75,820 {2023 - £36,846) We fund specific expenditure and some gener81 expenditure through grants awarded. With thanks to these charitable trusts and organisatlons. Animal Friends E8000, Jean Sainsbury's Animal Welfare Trust ESOOO, Anlmal Rescue Foundation £3000, Rural England £6005, Pets at Home £39,900, Hobhouse Animal Trust £20￿). The June Margaret Payver Will Trust £5000. Pet Plan £5000, Animal Affairs £400, Independent Vetcare £1300, Barnwood Limited £1120, Jones Family Trust £5000. sIKnlflcant changei. Now Gharlty 3hop We have a steady stream of donated second hand goods that has become almost too much for our current outlets of centre mini-shop and car boots sales. To capit81ise on this opportunityto increase revenue from donated goods we received a grant for setting up and one year's costs to run a charity shop. The feasibility assessment for the grant application determined Stroud the best location in our vicinity. We signed a lease on shop space in Stroud town centre and recruited a manager for Oct 24. Both costs after end of this financial year so shop doesn't feature in the accounts. Using in house and associated expertise the shop is currently in fit it out with opening date in Nov 24, This is a test case for the viabillty of a shop as an income generator for an initial year and will be reviewed ongoing to decide if it will continue. TECKELS ANIMAL SANCTUARIES Trustee Revl8w of the Year October 2023- Septembar 2024 - cont'd Q￿r winolpLI Gosls The management team continues to be headed by Sarah Johnson the centre management looking after the operational animal care team and management team of reception administration. Volunteer coordinator. Finance admi nistration and grants support Mid-yearwe appointed an events coordinator to oversee our event and sponsors fundraising activities. This was after a vacancy gap of more Ih8n a year. The primary focus of this role is to maximise the income generation. Our largest cost is personnel. Wages have risen from £486,454 to £588,895 primarily from a minimum wage increase in April 24 for which affected a large number of the staff. We have a total roster of 32 full time equivalent person. Our next largest costs are veterinary, utilities, and marketing- which has h8d 8 large increase due to investment in fundr8ising. All other costs are small in comparison. Trustee8 Since Dec 23 the board has been a comprehensive complement of 6 trustees. They serve across the various functions as follows; Kit Free- Business, Angelina Linker- Governance, Pete Rogol- Finance, Claire Hatfield- Chairperson. Dee Clydesdale- Estate Management, Ryan Akhurst- Human Resources, Income Generation Trustee- Vacancy (responsibility currently shared by the board) We would ideally like to recruit a fundr8ising trustee to manage and develop the fundraising strategy and ensure we are making the most of 811 fundraising opportunities and meeting our fundraising compliance obligations. Fundraising in the anlm81 welfare charitable sector is a very speciflc challenge, so a person with strategic experlence as a charity fundraiser ideally in the animal welfare sector with success at income generation is sought. independent examln?r Our independent examiners changed this year. In July 24 we appointed Albert Goodman LLP ofTaunton under their charity sector specialism. With thanks to Kingscott Dix of Gloucester our previous representatives. TECKELS ANIMAL SANCTUARIES Trusta8 R8vlew of th8 Year October 2023- September 2024 - cont'd Slt&logy 2Q25 lo 2QL7 The board is mindful of the ongoing strategy to move Teckels further towards being a rescue charity offering boarding services specifically to support its charitable aims. We will continue to develop a long-term sustainable organisation to.. support public understanding of positive animal welfare practice reduce the number of animals in rescue locally create and organisation the offers quality of care across all delivery areas make use of, maintain and improve physical resources available on or off sile maximize promotion opportunities, fund raising and long-term partnerships maximize welfare and rehoming activities for cats and dogs. Thankyou to all current and recent volunteers in animal care, fund raising, events and on the board. You collectively put in 8,490 hours of volunteer time in 2024. That's 5 full time equivalent staff we don't need to recruit. Thank you to the dedication ofthe staff ing team. TECKEiS ANIMAL SAN￿UAR1ES REPORT AND UNAUDITEO FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF TECKELS ANIMAL SANCTUARIES I reFM)rt lo the charity Iruslees on my examination of Ihe accounts of Teckels Animal Sanctuaries I'the Company") for the year ended 30 September 2024. R•sponsibilitles and basls of report As the charity s tru51ees of the Company {and also ils directors for the purposes of company lawl you are responsible for Ihe preparation of the accounts in accordance with the requifemenls ol Ihe Companies Act 2006 {"Ihe 2006 Acl"}- Having satisfied myself that the accounts of the Company are not required lo be audileé under Part 16 of the 2006 Act and are eligible for independent examination, I report in r6specl of my examination of your charity s accounts as carried out under section 145 of the Charities Act 2011 1"Ihe 2011 Act"). In carrying out my examination I have followed Ihe Directions given by the Charity Commission unéer section 14515llb) of the 2011 Act. Independent examlner'8 Statement Since the Company's gr055 income exceeded £250.000 your examiner musl be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified lo undertake the examination because l am a member of the Institute of Chartered Accounlanls in England and Wales. which is one of the lisled bodies. I hav6 completed my examination. I ￿nfIrM that no material matters have come lo my attention in connection with the examination giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act,. or 2. the accounts do not comply with these records.. 01 3. the accounts do not comply with the accounting fequiremenls of section 396 of the 2006 Act other than any requirement Ihal the accounts give a "true and fair view" which is not a maller considered as part of an independent examination: Of 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable lo charities prepafing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102). I have no concerns and have come across no other matters in connection with the examination lo which allenlion should be drawn in this report in order to enable a proper undeislanding of the accounts lo b8 reached. Michelle Ferris FCA DChA Albert Goodman LLP Goodwood House Blackbrook Park Avenue Taunton Somersel TA1 2PX Dale... TECKELS ANIMAL SANcfuARIES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 STATEMENT OF FINANCIAL AcfiviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Year ended 30 Seplember 2023 Year ended 30 September 2024 Unrestricled Funds Reslricled Funds Total Toial Nolo Income and endowment5 from.. Donations and le9aryes Incoming resources from tharilablg actlvil88 Othèr ineome Tol81 income 435,370 53,631 168,206 657.208 60.905 498,275 53,631 168,206 718,113 565,869 37,171 315,812 918.852 60,￿5 Expendilure on.. Raising funds Chsri18bl8 Aclivilitis Anlmal 5ancluary support Support cosls 75,450 75,450 55,545 638,329 98.764 812.542 2,029 3.004 5.033 640.358 101.768 817,578 529,477 95.262 680,284 Nel Income I lexp8ndilur81 for tho year 1155,3351 55,872 199,4631 238,568 Funds Balance brought fonvard 890.601 3,000 893,601 855,033 Funds balance before transfer of expended Reslricled Funds Transfers be￿@&n funds 735,286 10.101 58,872 110,1011 794,138 893,601 Funds Balanc• carried lO￿ard 745.367 48.771 794.138 893.601 The statement ol fin8nrAal aciivillos Indudes all galns ¥nd1088es recognlsed In the year. All income and gxpgndllure dgrlve Irom f￿nIlnuIng aclivilies. The s1818menl ol finanrjal aclivllles indudes also complies with the requirements lor an income and expendilure account under the Companios Ad 2006. Charity Registration No. 1108726 Company Registration No. 05226688 {England & Wales) TECKELS ANIMAL SANCTUARIES BALANCE SHEET AS AT 30 SEPTEMBER 2024 2024 2023 Fixed Assets Tangible assets Investments 12 13 649.361 634.479 649,362 634.480 Current assets Stock Debtors Cash at bank and in hand 14 15 71,943 123,045 194,988 181,261 122,894 304,155 Imounts falling due wil Nel current assets 16 50,212 45,034 144,776 259,121 Net assets 794,138 893,601 Unreslricled Funds Restricted funds 17 17 745,367 48,771 794,138 890,601 3,000 893,601 These accounts have been prepared and delivered in a￿rdance with thè special provisions relallng lo small companies within Part 1 S of the Companies Acl 2006 and the Financial Reportin9 Standard applicable in the UK and Republic of Ireland (FRS 102). For the year in question. the charitable company was enlilled lo exemplion from an audlt under section 477 of the Companies Act 2006. The members have not requir8d the charitsble company lo obtain an audit of its ac￿unt$ for the year in question in accordance with se¢lion 476 of the Act. The InJst8esldirectors acknowledgè Iheir responsibilities for oomplying wllh the requlrements of the Companias Act 2006 with respect lo accounting records and Ihe preparation of account5. The financial statements were approved by the Truslees on C Hatfield Twstee Company registration 0. 05226688 ILly I CJ. TECKELS ANIMAL SAN￿UAR1ES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 CASHFLOW STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Note 2024 2023 Cashflow Irom Cash generated from I (consumed by) operalions Int8￿$1 paid Nel cash provided by I lused inl operating activities 19 1159,941} 363 261,535 1.068 260,467 160,303 hfi m inveslin activitie Purchase of tangiblo fixed assets Nel cash used in investing aciivilies 27,143 27,143 15.530 15,530 hfi Irom finanu Loan rop8ymgnls In year TBK inlercompany loan movomonls Nel cash used in financAng activities ville5 111,7941 199,392 187.598 115,022) 115.088 130.110 Change in cash and cash 8quiv81enls in the reporting period Cash and cash equlvalenls al the boglnnlng ol lh¢ roportlng period Cash and cash equlvalenls al th• end of Ihe r•porting p8rlod IS2 122,894 114.827 8,067 123,046 122,894 10 TECKELS ANIMAL SANcfuARIES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 ACCOUNTING POLICIES Charity information Teckels Animal 88n¢tuarias is a private rA>mpany limiied by guarantee ￿n￿rporaled in England and Wales. Ils regislgrgd office is 8rislol road, Whilminsler. Glos. GL2 7LU Accounting C4)nvenlion The finanaal statements have been prepared in accordance with the charity's Memorandum ol Association. the Compani8$ Act 2006 and"AccA)unling ar￿ Rèporting by Charili8s'. Statomenl of RerA)mmonded Practice applicable lo charilies preparfng Ihglr accA)unls in accordance with thg Flnancial reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 2 January 20191". The charity is a Public Benefit Entity as defined by FRS 102. The charlly has lakon advantage of the Pffjvislons In tho SORP for charillg$ applying FRS 102 Upd810 Bulletin 1 not lo prgpare a Stalemenl of Cash Flows. Th& finanoal stalemenls ar& pr9pared in slerting, which is Ihg luncllonal curTrency of the charity. ￿n&lary amounls in Ih8se Ilnanoal slal8menls are rounded lo the nearest £. The financial stalemenls have bgen pr￿pa￿a under Ihg historical cosl convention. The prtnclpal a¢counlin9 polldes arg sel out bglow. Golng concgm Al tha lime ol approving the financlal slalemenls the Iruslees havg a rfjasonable expecialion that lh8 charity h8S 8dgqualo resourc0$ lo conllnue in operational 8xislence for the loreseeable future. Thus the Iruslees continue lo adopt the going COn￿M basis of aCc￿un￿ng in preparing the flnandal sial&ments. Charitablè lunds Unfestrfciod funds aro availablg lor use al th& dlscr&ilon of tho Irusiees in fiJrth8iance of Ihelr charilable oblgctsves. Reslrlclgd ￿ndS aro wbjoct lo speuflc conditions by dtsntsrs as to how they may be used. The purposes and u8•8 of the reslricled fiJnds are sel out in the nol85 to the flnandal stalemenls. Endowmgnl funds afa subjecl Io spec4fic condib'ons by donors that the capital must b8 maintained by Ihg charity. Inojming resourr*s Incom8 is recA)gni8ed whon the ¢harity is legally enlilled lo il after 8ny perfomiance CLJndilions have bèèn mel, Iho amounts can be me8sured reli8bly, and 11 is probablo Ihal tho Income wlll ba rncoived. Cash donallons and don8llons for adopled animals ar• r•wgnlsed on recfiipl. Other donations are recognlsed onc• Ihe Chorfly has b8en notified ol the donallon, unl&$s pgrfoManr￿ ￿dItIOnS requlrg delerral ¢f the amount, Incomo lax re￿Verable In rolallons lo donatlons received under Gift Aid or deeds of covenant 18 ￿￿gnISed al the lime of Ihg donallon. M¥n8gemenl fee income Is me8sured accordlng lo th& value of seNScas provldod lo the gubsidlary durfng the year. Logaci8$ ara rocognised in the accounts a$ thèy aré received and the charftyls enlill8d lo Ihe benefll ol Ihologaty. Resources expanded ExperKlllure Is aceA)unlad for on an accruals basis and has been included und9r gxponse categories that aggregate all c0818 for allocation 10 activities, Where costs cannot be dlrectly attdbuled lo partlcular activities they havo been 8llocaled on 8 basls nslslenl with ihg use of the rosoiJrc8s. Support costs afe thos8 ClJSts incurred directly in 5UPPOrt of expenditure on tho objects of the charfly. Govemance cosls are Ihose ineurred in conneetion with the adminislralion ol the Charity and compliance with conslullutlonal and statutory ￿quIreMents. All resources expended are oxcluslve of VAT. TECKELS ANIMAL SANcfuARIES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30 SEPTEMBER 2024 ACCOUNTING POLICIES - continued Tangible fixed assgts Tangible fixed a55ets are intially measured al ¢osl and subsequ&nlly mgasured al cosl or valualion, nel of depre0al￿n and any impaimienl losses. Depreciation is ￿COgnised so as ¢0 write off th& cost or v8luallon ol assets less their residual values over their usgful Iivgs on ihe following basos.. Buildings 2% slralghl line Fixtures, fiitlngs and oqulpmgnl Beiween 1 Q% and 25% slrai9hl line Molor vehides 25% reducing balan¢8 Land is not depreclaled. Short leaseholds are wdllon off ovar the period lo the fir51 break d8vse. onco broughl into use. The gain or loss arising on th& disptssal of an ag901 is d8lemln8d as th& difference befv4e8n th8 salè proce&ds and th8 canylng V81u8 of the asset, and is recognlsed In nel in¢omellgxpènditurel for the year. Fixed a$sg1 invoslmenls Fixed a88et inve8lm8n18 r8 initially measU￿d al Iransactlon prfc& excluding Iransa¢llon cosl8. and are 8ubsequenlly measure(l at lair valuo al 8ath reporting d81&. Ch8nges in f8lr value are re￿gnISed In nal incomellexpendllurel for the year. Transaction costs arg expgnsed as incurred. A subsinlng r•sour¢es from ¢h•rltsbh a¢tlvlt•• 2024 2023 Activity Animal Sanctuary Support Animal Sanctuary Support Animal Sanctuary Support Adoptlons Membership Other Income 25,540 11,927 16,164 53,631 23,716 7,412 6.043 37,171 other Income Fundraising events Management fee receivable 35,733 132 473 168 206 69,315 246 497 315812 RAISING FUNOS Raising donations and lega¢les Staff costs Marketing 27,271 48.179 75,450 33.390 22,155 14 TECKELS ANIMAL SANCTUARIES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 NOTES TO THE FINANCIAL STATEMENTS Icontinuedl CHARITABLE ACTIVITIES COSTS - cUr￿￿t year Direct Costs Support Costs Total 2024 Animal Sanctuary Support Staff costs Direct costs to support animals Oth8r 8XP8nses 561.624 66,474 12,260 640,358 561.624 66,474 12,260 640,358 Support Costs., Hire of plant and machinery Rates and water Insurance Light and heat Telephone Postage and stationery Repairs and maintenanc8 Sundries Motor running Independent examination A¢¢ountan¢y fees Consultancy fees Bank charges Interest payable and similar charges 9,951 10,322 8,030 27,195 4,222 1,900 10,748 12,819 4,841 3,495 1,246 1,145 5,492 362 101 768 9,951 10,322 8,030 27,195 4,222 1,900 10,748 12.819 4,841 3.495 1.246 1,145 5,492 362 101768 101,768 742,126 CHARITABLE ACTIVITIES COSTS- prlor year Direct Costs Support Costs Total 2024 Animal Sanctuary Support Staff costs Direct costs lo support animals Other expenses 454,536 60,928 454,536 60,928 529 447 529 447 Support Co8t8: Hire of plant and machinery Rates and water Insurance Light and heat Telephone Postage and stationery Repairs and maintenance Sundries Motor running Independent 8xaminalion Accountancy fees Consultancy fees Bank charges Interest payable and similar charges 11,912 10,792 6,329 27,419 1,382 4.473 11,219 5,341 4,528 2,000 3,838 180 4.781 1,068 95,262 11,912 10,792 6,329 27.419 1,382 4,473 11,219 5,341 4,528 2,000 3.838 180 4,781 1,068 529 447 624 709 In the prior year, Support Costs incorrectly attributed £477 of ils tolal lo Animal Sanctuary Support. This has been corrected above. NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl NET INCOME / IEXPENDITUREI Net income l (expenditure) is slated after Charging l (cr8diting).' 2024 2023 15 TECKELS ANIMAL SANCTUARIES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Depreciation - owned assets Hire of plant and machinery 12.261 9,951 13,983 11.912 Trustees None of the trustees (or any persons connected with them) received any remuneralion or benefits from the charily during either the current or previous year. io Employees 2024 2023 Wages and salaries Social security costs Other Pension Costs 543,670 35.629 9,596 456.767 22,823 6,864 588.895 486,454 The charity operates a defined contribution pension scheme. The charge lo the Statement of Financial Activities for the year is shown above. Contributions totalling £3,14012023 - £1,221) were payable to the scheme at the end of the year and are included in creditors. The average monthly number of employees during the year was as follows: 2024 2023 Animal Sanctuary Support Marketing & fundraising 29 27 32 30 The key management P8rsonnel of the charity is considered to be the Centre manager. The total costs to the charity of employee benefits for the k8y management personnel were £42,784 (2023.. £32,741). 16 TECKELS ANIMAL SANCTUARIES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 NOTES TO THE FINANCIAL STATEMENTS Icontinuedl 13 Flxed asset Investment Inveslmenl in subsidiary Cost and carrying value As at 30 September 2024 and 30 September 2023 The charills 1000/0 owned subsidiary is Teckels Boarding Kennels Limited, company number 05024252. The company provides boarding and daycare seNi¢es for cats and dogs, including rescue animals. The profit achieved by the company for 30 September 2024 was £132.98812023.' £nil) with reserves of £132,988 {2023'. £11 14 Stock 2024 2023 Stock of donated foodstuffs The charity receives considerable volumes of donated animal foodstuffs. The value of this has not been recognised in previous years and as no formal record regarding quantities and values had been kept. no atlempl has been made lo assess the value of such donations and stocks holdings. 2024 2023 15 Debtors Trade debtors Amounl owed by subsidiary Prepayments 1.870 177,251 181 261 2024 2023 16 Credltors - amounts falllng due wlthin one year Bank loans and overdrafts due within one year Social security and other tax8S VAT Trade creditors Amount due lo subsidiary Other creditors Accruals and deferred income 11,794 8,899 7,455 14,695 11,532 2,669 3,816 22,141 1,591 2,600 10,054 18 TECKELS ANIMAL SANcfuARIES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 NOTES TO THE FINANCIAL STATEMENTS (continued 17 Funds General Fund Restricted Fund Total Funds as al 1 October 2022 As previously reported Prior year adjustment (Note 31 Reclassification As reslaled as at 1 October 2021 Net surplus l {deficit) in year Transfer between funds in year Funds balance as at 30 September 2022 652,652 2.380 655,032 1155,335) 10 101 507.418 55.872 10,101 48,151 (99,463) 555,569 Tangible Fixed Assets Current 8nd long- term Current assets Represented by.. Total General Fund Restricted .' marketing 649,361 191,988 {50.211) 791,138 3.000 649.361 194,988 794.138 Nel movemenl in lunds Transfers befvleen fijnds 17 MOVEMENT IN FUNDS At1.1023 AI 30.9.24 Unrestricted lunds Genèral Fund 89J,601 (1 SS,335) 10,101 745,367 R8slricl8d funds Mark8llng - donor Anthony V Martln Chanlable Foundation Shop Support. donor Pgb al Homo Isolallon Block- Ihree donallons Slroud DC - Solai Panels grant. one donation 3,000 (3,000) (1,096) 34,867 15,000 6,005 33,771 15.000 (8,005) Total fund$ 893,601 99,463 794,138 Nel rnovemenl in funds Induded above ar& as follow8.. Inc4)mlng rosources Resourra8 experHled Movemgnl In lunds Unroslrlcled hjnds General lund 657,208 812,542 {155,335) Restricted lunds Restricted Fund Toial ftjnds 60.905 718,113 5,033 817,575 55.872 99.463 19 TECKELS ANIMAL SANcfuARIES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 NOTES TO THE FINANCIAL STATEMENTS l¢ontinuedl NOTES TO THE CASHFLOW STATEMENT For the year gnd8d 30 Sgpiember 2024 19 2024 2023 Nel income IIExpendilure} lor the Reporting Period as per the Statement ol Finanrjal Activib'es Adjustments for.. Oeprecialion Charges Interest paid {Incrgas81 in dgbiors Increase I (Decrease) in Creditors Nel cash provided by I Iused in) opèrations {99,4631 238.568 12.261 363 167,9331 5,168 159,941 13,984 1,068 12,96S} 10,880 261.535 Analysls of chang08 In Ioabll l Funds A11.1023 Cash flow AI 30.9.24 Nel Cash Cash at bank and in hand 122,894 151 123.045 Debt Oebl falling due wllhin ong year Total 11,794 111,100 11.794 11,945 123.045 20 COMPANY LIMITED BY GUARANTEE The company was ￿n￿rporated as a ￿MpanY limited by guarantee and has no share capital. The guarantee lo the company 1$ £1 per member on the wlndirKJ up ol the compony. Al 30 Seplgmbor 2024 Iho company hgd six membèrs and the lolal amounl guaranteed was therefore £6. 21