2021-03-31-accounts - Waggy Tails Rescue Limited

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ONTENTS
		Page(s)
Company information
Trustees/Director's report		2.1-2.4
Independent Examiner's	report
Statement of Financial Activities
Balance Sheet
Cashflow Statement
Accounting Policies		6.1-6.2
Notes to the Financial Statements		7.1-7.3

Company	Information	Information
Directors/Trustees			Mrs V Roberts
			Mrs SP Meredith
			Ms T Brennan
Registered	office		143Magna Road
			Wimbome
			Dorset
			BH21 3AW
Independent	examiner		Miss J Richardson	ACA FCCA DChA
			Ward Goodman
			Chartered Accountants
			4 Cedar Park
			Cobham Road
			Femdown
			Dorset
			BH21 7SF
Registered	company	number	05750206
Registered	charity number		1114957

STATEMENT OF FINANCIAL ACTI for the year ended 31 March 2021	VITIES (Includin	g Income an	d Expenditur	e Account)
	Notes		Restricted	Total	Totsl
			funds	funds	funds
			2021	2021	2020
			6	6
Incoming resources
Incoming resources from generated	funds:
Voluntary income Grants and donations		94,049		94,049	70,285
Legacies		454,233		454,233	398,996
Activities for generating funds Fundraislng Shop and other Income		284 69,954		284 69,954	15,302 143,652
Incoming resources from charitable Dog rehomlng	activities	14,669		14,669	16,385
Investment income
Interest/commissions		15,847		15,847	13,214
Other income
Sundries		10,458		10,458	18,961
Covid related grants		80,989		80,989
Total Incoming resources	2	740,483		740 403	676 706
Resources expended
Costs ofgenerating funds		126,427		126,427	84,306
Charitable activities		271,089	6,500	277,589	369,715
Other		1,500		1,500	1,500
Total resources expended	3,4	399 016	6,500	405,516	455521
Net gain/(losses) on Investments		40,718		40,718	(42,804)
Net income for the year	5	382,185	(6,500)	375,685	178,470
Total funds brought forward		1,743,947	19,500	1,763,447	1,584,977
Total funds carried forward	14,15	2 12II132	13000	2 130132	1 703447

WAGGY TAILS RESCUE	WAGGY TAILS RESCUE	LIMITED	company	05750206	Page 5
BALANCE SHEETat	31 March 2021
			Notes	2021	2020
					E
Fixed assets
Tangible assets				704,447	727,870 '
Investments				59,712	159,018
				9	SIP(88
Current assets
Stock			9	188,409	198,409
Debtors			10	13,902	10,513
Bank and cash				1 175,361	575562
				1,381,672
Creditors: amounts	due	within one year		(6,699j	(7,925)
Net current assets				1,374,973	S78,559
Total assets less current		UebUltles		2,139,132	1,753,667
Capital snd reserves
Unrestricted reserves			14	2,126,132	1,743,947
Restricted reserves			15	13,000	19,500
				2,139,132	1,763,447

Cashflow Statement for the year ended 31 March	Cashflow Statement for the year ended 31 March	2021
					Notes	2021	2020
						6	6
Cash Used in Operating Activities						374,756	21,376
Cashflows from Investing activities:
Purchase oftangible fixed assets							(1,766)
Purchase of Intangible fixed assets							(10,029)
Sale ofIntangible fixed assets						113,196	14,933
Sale oftangible fixed assets Interest received						15847	13214
Cash provided by (used In) Investing	activities					129,043	16,352
Cash flows from financing activities
Cash used in financing activities
Change In cash and cash equivalents	ln the year					503,799	37,728
Cash and cash equivalents at the beginning ofthe reporting				period		675 562	637884
Cash and cash equivalents at the end ofthe reporting		period				1,178,361	675,562
Notes to the cashflow
1) Reconciliation ofnet Income to net cash flow from		operating			activities	2021 6	2020 6
Net income for the reporting period (as	per the statement		of			375,685	178,470
financial activities)
Adjustments for:
Depreciation charges						23,423	24,522
(Profit) / loss on disposal offixed assets
Interest received						(15,847)	(13,214)
Revaluation of investments						(13,890)	31,734
(Increase) / decrease in stock						10,000	(198,409)
(Increase) / decrease In debtors						(3,389)	836
Increase / (decrease) in creditors						(1,226)	(2,563)
						374756	21376,

ear ended 31 March 20	ear ended 31 March 20		21
The company is Limited			by	Guarantee	and	has no share capital.
The guarantors are the limited to f10each.		Directors/Trustees There were three				whose liability Director/trustees	in the event ofa winding up Is at the balance sheet date.
The ultimate controlling			parties are the		members ofthe charity.
						Unrestricted	Restricted		Total
						Funds f	Funds f		2021f	2020f
Total Incoming resources
Voluntary income
Legacies						454,233			454,233	398,996
Donations						94,049			94,049	70,286
Activities for generating			funds
Collections										3,197
Events						284			284	12,105
Shop sales						66,468			66,468	133,660
Other Income						3,486			3,486	10,092
Charitable activities
Dog rehomlng						14,669			14,669	16,386
Investment Income
Interest/commislons						15,847			15,847	13,214
Other Income
Sundries						10,458			10,458	12,795
Recognised gains on	Invsstmsnt									6,166
Covid related grants						53,577			53,577
Government grants						27412			27412
Total						740483			740403	670 705
						Unrestricted	Restricted		Total
						Funds f	Funds		2021 f	2020f
Total resources expended
Costs ofgenerating	funds
Staff costs						106,128			106,128	58,895
Shops establishment	costs					8,587			8,587	11,350
Mileage reimbursements
Vehlde costs and depreciation						7,222			7,222	6,216
Insurance						3,037			3,037	3,037
Promotional and fundraislng				costs		1,453			1453	4,808
						126,427			126427	1113M
Costs ofcharitable	activities
Vets fees and welfare	costs					42,920			42,920	46,000
Sanctuary staff costs						168,347			168,347	199,259
Sanctuary establishment			costs			13,575			13,5/5	17,190
Other staff costs						20,384			20,384	49,855
Office costs						3,823			3,823	5,881
Equipment repairs &	depreciation					16,794		6,500	23,294	38,606
Professional fees						253			253	10,057
Sundry expenses						4993			4993	2067
						271,089		6500	277,589	360716
Governance costs
Accountancy fees						1 500			1,500	1,500
						1,500			1,500	1 000

WAGGY	TAILS RESCUE	LIMITED	LIMITED	LIMITED										Page 7.2
NOTES	TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2021													2021f	2020
	Staff costs
	Wages and salaries												268,487	281,758
	Social security costs												20,917	20,816
	Pensions												5455	5436
	7h il	0	t	017	f	Ih 7,			I ttd	th	0	I	294859 fftltl	358M9
	equivalents, for charitable acUvltles No employees received emoluments				was- above f60,000(2020f nil)								15
	Net Income for	the year
	This ls stated after charging;
	Depreciation												29,923	24,522
	Independent examiner's			fee									I 500	I 6DD
	Trustee's remuneration
	No trustees received any			remuneration			or reimbursement			ofexpenses			( 2020 f nil)
	Tangible fixed assets
					Lend		end	improvemente		Eftuipmenl			Motor	Totel
					auiidlnge f			to	Property f	f			vehtotee f
	COST
	Opening balance				745,918				110,013	17,462			30,075	903,468
	Additions
	Dlspo sais
	Closing balance				745		918		110013	17462			30076	903468
	DEPRECIATION
	Opening balance					68,624			75,852	12,262			18,860	175,598
	On disposals
	Charge for year					8,318			11001	1	300		2854	23423
	Closing balance					76942			8,6853	13562			21664	199D21
	NET BOOK VALUE
	At end ofyear				668		976		23 160	3	900		8411	704447
													2021f	2020f
	Fixed asset Investments
	Opening balance												159,018	195,666
	Additions													10,029
	Disposals Revaluation												(113,196) 13,890	(14,933) ~31734
	Closing balance												59,712	159018
	Stock
	Stock Reduction for realisetlon			value									198,409 ~10000	198,409
	Closing balance												1884M	198409
10	Debtors
	Other debtors												9,097	5,491
	Prepayments												4805	5022
													13902	ID.513

Creditors				2021f	2020
Accruals				2,044	7,925
Taxatlon	and	social	security	4655
				6699	7925

12	Capital commitments There were no material	capital commitments	st 31 March 2021 (2020f nil)

	within one year	6,500	6,417
	2-5 years
		6500	5417
14	Unrestricted funds
	Opening balance	1,743,947	1,558,977
	Incoming resources	740,483	676,795
	Netgains(losses) on investsmnts Resources expended	40,718 ~399016	(42,804) ~449 021
	Closing balance	2 126132	1 743047
15	Restricted funds
	Opening balance	19,600	26,000
	Incoming resources Resources expended	~6500	~6500
	Closing balance	13000	19500