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2021-03-30-accounts

Charity Registration No. 1111989

Company Registration No. 04199409 (England and Wales)

DOBERMANNS-IN-NEED LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

DOBERMANNS-IN-NEED LIMITED

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr MR Durant
Mrs VM McDonald
Secretary Mrs VM McDonald
Charity number 1111989
Company number 04199409
Registered office Headholme Cottage
Lidsey Road
Bognor Regis
West Sussex
England
PO22 9PL
Independent Examiner James Todd & Co Limited
1 & 2 The Barn Oldwick
West Stoke Road
Lavant
Chichester
West Sussex
England
PO18 9AA

DOBERMANNS-IN-NEED LIMITED

CONTENTS

Page
Trustees' report 1 - 3
Independent auditor's report 4
Statement of financial activities 5
Balance sheet 6
Notes to the financial statements 7 - 13

DOBERMANNS-IN-NEED LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 MARCH 2021

The trustees present their annual report and financial statements for the year ended 31 March 2021.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply 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 ).

Objectives and activities

Objectives and aims

Established in 1993 the charity consists of a small group of volunteers, dedicated to looking after and rehoming Dobermanns and other dog breeds from all backgrounds, into suitable new homes. Prospective owners and their homes are thoroughly vetted to ensure the dogs welfare will be maintained, and this includes a comprehensive follow-up servic e.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Significant activities

D uring the year the charity was able to maintain a similar level of care and rehoming as in previous years.

The charity received a consistent level donations for which the trustees were very grateful. There was a reduction in the level of kennelling income due to the termination of a contract with Arun District Council, although the trustees are confident this will not effect the continued objectives of the charity.

The overall result for the year was a surplus of £69,330 (20 20 : £ 2,748 ) increasing the general funds to £90,095 (20 20 : £ 20,765 ) at the year en d.

Volunteers

T he charity was as always very dependent on the work of its volunteers and is grateful for all their hard work throughout the year.

Achievements and performance

Financial review

Th e trustees have considered the needsof the charity and believe that a minimum of 6 months overheads should be maintained in the charity's unrestricted reserves.

Investmentpolicy and objectives

T he trustees have considered the most appropriate policy for investing surplus funds and has decided that bank deposits on both a term andcall basis are the most appropriate for the charity's needs .

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.

Structure, governance and management

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

DOBERMANNS-IN-NEED LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

Recruitment and appointmentof new trustees

The charity welcomes the appointment of newtrustees to the board. All potential trustees are subject to interview by the current trustees and a vote taken on their appointment.

Induction and training of new trustees

All trustees inducted into the charity are directed in the direction of the Charities Commission's guidance on trustees’ responsibilities and the charity's own governing documents .

Review of public benefit

In setting out our objectives and planning our activities, the Trustees have given careful consideration to the Charities Commission's general guidance on public benefit andin particular to its supplementary public benefit guidance on fee charging .

Related parties

The charity operates from Headholme Cattery Limited, which is the company owned by the trustees M R Durant and Mrs V R McDonald. The charity is charged a non-commercial rate for the facilities it uses in achieving its aims .

Statement of trustees' responsibilities

The trustees, who are also the directors of Dobermanns-In-Need Limited for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

DOBERMANNS-IN-NEED LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

The trustees' r eport was approved by the Board of Trustees.

Mrs VM McDonald

Trustee

23 December 2021

DOBERMANNS-IN-NEED LIMITED

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF DOBERMANNS-IN-NEED LIMITED

I report to the trustees on my examination of the financial statements of Dobermanns-In-Need Limited (the charity) for the year ended 31 March 2021.

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

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:

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.

Oliver Read FCCA ACA

James Todd & Co Limited

1 & 2 The Barn Oldwick West Stoke Road

Lavant Chichester West Sussex PO18 9AA England

Dated: 23 December 2021

DOBERMANNS-IN-NEED LIMITED

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2021

Unrestricted Unrestricted
funds funds
2021 2020
Notes £ £
Income from:
Donations and legacies 2 88,318 15,274
Other trading activities 3 2,283 5,736
Investments 4 44 57
Total income 90,645 21,067
Expenditure on:
Charitable activities 5 21,315 18,319
Net income for the year/
Net movement in funds 69,330 2,748
Fund balances at 1 April 2020 20,765 18,017
Fund balances at 31 March 2021 90,095 20,765

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.

DOBERMANNS-IN-NEED LIMITED

BALANCE SHEET

AS AT 31 MARCH 2021

Notes
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due within one
year
11
Net current assets
Total assets less current liabilities
Income funds
Unrestricted funds		 2021
£
274
87,181
87,455
(466)		 £
3,106
86,989
90,095
90,095
90,095		 2020
£
473
16,151
16,624
-		 £
4,141
16,624
20,765
20,765
20,765

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2021, although an audit has been carried out under section 144 of the Charities Act 2011.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements under the requirements of the Companies Act 2006, for the year in question in accordance with section 476.

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 23 December 2021

Mr MR Durant

Trustee

Company Registration No. 04199409

DOBERMANNS-IN-NEED LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

Charity information

Dobermanns-In-Need Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is Headholme Cottage, Lidsey Road, Bognor Regis, West Sussex, PO22 9PL, England.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's [governing document], the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 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 Income

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 on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

DOBERMANNS-IN-NEED LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

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:

Plant and equipment 25% on reducing balance
Fixtures and fittings 25% on reducing balance
Motor vehicles 25% on 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 the statement of financial activities .

It is the charity's policy to capitalise assets with initial costs in excess of £100.

1.7 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 ) .

1.8 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.

1.9 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.

DOBERMANNS-IN-NEED LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

(Continued)

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.

1.10 Taxation

The charity is exempt from cororation tax on itsds charitable activities.

2 Donations and legacies

Unrestricted Unrestricted
funds funds
2021 2020
£ £
Donations and gifts 88,318 15,274

3 Other trading activities

Unrestricted Unrestricted
funds funds
2021 2020
£ £
Trading activity income: other 2,283 5,736

DOBERMANNS-IN-NEED LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

4 Investments
Unrestricted Unrestricted
funds funds
2021 2020
£ £
Interest receivable 44 57
5 Charitable activities
Charitable Charitable
Expenditure Expenditure
2021 2020
£ £
Depreciation and impairment 1,035 632
Insurance 224 219
Heat and light 2,403 2,400
Telephone 628 810
Postage and stationery 191 76
Advertising 100 75
Dog welfare and fostering 7,164 7,016
Kennelling 6,000 3,015
Veterinary and identification 1,442 2,083
Motor and travel 616 481
Licences and subscriptions 12 12
19,815 16,819
Share of governance costs (see note 6) 1,500 1,500
21,315 18,319

DOBERMANNS-IN-NEED LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

6 Support costs

Support costs
Support costs
Governance
costs
£
£
Accountancy
-
1,500
-
1,500
Analysed between
Charitable activities
-
1,500		 2021Support costs
Governance
costs
£
£
£
1,500
-
1,500
1,500
-
1,500
1,500
-
1,500		 2020
£
1,500
1,500
1,500

Governance costs includes payments to the independent examiner of £1,500 (2020 : £1,500) for independent examination fees.

7 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

8 Employees

The average monthly number of employees during the year was:

2021 2020
Number Number
Total - -

There were no employees whose annual remuneration was more than £60,000.

DOBERMANNS-IN-NEED LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

9 Tangible fixed assets
Plant and Fixtures and Motor vehicles Total
equipment fittings
£ £ £ £
Cost
At 1 April 2020 660 220 4,745 5,625
At 31 March 2021 660 220 4,745 5,625
Depreciation and impairment
At 1 April 2020 644 215 625 1,484
Depreciation charged in the year 4 1 1,030 1,035
At 31 March 2021 648 216 1,655 2,519
Carrying amount
At 31 March 2021 12 4 3,090 3,106
At 31 March 2020 16 5 4,120 4,141
10 Debtors
2021 2020
Amounts falling due within one year: £ £
Prepayments and accrued income 274 473
11 Creditors: amounts falling due within one year
2021 2020
£ £
Accruals and deferred income 466 -
12 Analysis of net assets between funds
Unrestricted Unrestricted
funds funds
2021 2020
£ £
Fund balances at 31 March 2021 are represented by:
Tangible assets 3,106 4,141
Current assets/(liabilities) 86,989 16,624
90,095 20,765

13 Related party transactions

DOBERMANNS-IN-NEED LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

13 Related party transactions

(Continued)

Transactions with related parties

T he trustees M R Durant and Mrs V M McDonald are the directors and sole shareholders of HeadholmeCattery Limited. During the year the Charity used the facilities of Headholme Cattery Limited in achieving its objectives. Headholme Cattery Limited charged the Charity £ 6,000 (20 20 : £3,0 15 ) towards the kennelling of abandoned dogs and £ Nil (20 20 : £ Nil ) in premises rent, which was on non-commercial terms and equivalentto cost price.