WAGGY TAILS RESCUE LIMITED Regi$tsf8d company number 057502C Registered charity number 1114957 UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
WAGGY TAILS RESCUE LIMITED Page 1 FINANCIAL STATEMENTS for the year ended 31 March 2025 Company Informatlon DireCtorUsteeS Mr5 V Roberts Mrs S P Mèredith Mrs J Giltrow- di8d 12 June 2024 Mrs E Smith - appointed 4 July 2024 Mrs L Booden - appoinled 9 May 2024 Registsred office 143 Magna Road Wiml)ome Dorset BH213AW Independent examiner l M Rodd Bsc FCA FCCA TC Group 10 Bridge Stregt Christchurch Dorset BH23 1EF Registered company number 05750206 Reglstered charity number 1114957
WAGGY TAILS RESCUE LIMITED FINANCIAL STATEMENTS for tho yoar ended 31 March 2025 CONTENT8 Company Infomiation Trustee51Director's report 2.1-2,4 Independent Examlnerfs report Statement of Flnanclal Actlvitle$ Balance Sheet Cashflow Statement A¢¢ounllng Polici08 7.1-7.2 Notes to the Fln8nclal Statements 8.1-8.3
WAGGY TAILS RESCUE LIMITED Page 2.1 TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 sos and Aims Our Charity's purposès as set out in the Objects contained in the Company's Memorandum of Association are to relieve the suffering of any animals and dogs partlcularly, which are of need of care and attention and in particular.. a) to aid animals and in particular dogs, in distress through injury or other causè and to arrange vetsrinary treatment if necessary.. b) lo find good and suitable new hom6s for dogs in our care or that come to us for attention-. c} lo asslsl members of the public by means of Snfomialion, education OT in any way whatsoever that will enable them lo dlrectly aid animals needing Irealment or h81p. The Alms of th8 Charity are lo care for homeless dogs (and other small animalslbirds) and to improve standards of animal welfare wilhln the community. Our Alms fully reflect the purposés that the charlty was set up to further. 2) Ensurln our work dellvers our Alm8 Wè review our Aims, Objectlves and AclSvities each year. This review looks at what W8 achleved and the outcomes of our work in the prevlous 12 months. Th8 r8view looks at the SUCC8ss of each key acuvlly and the ben8fit8 brought lo animals and to th08e groups of people we are able lo help. The review also helps us ensure OUT Aims. Objectlve8 and Activitles remalned focused on our slated purposes. We have referred lo the guidance conlained In the Chadty Commlssion's genéral guidance on public benefit vthen reviewing our Ams and Objectives and In plannlng our future activltl8s. In particular, thè trustees Gonsider how planned actSvitles will contribute lo the alms and objecllves they have set. 3) Th focus f our wo Our main objectives for the year conllnued lo b8 the car8 of anlmals %tho were homele8s and in need of sanctuary. The strategles we used lo meet these oblectlves Included. a} ralsing publlc awaroness of our existence and the facllltleslservlc68 that W8 provlde, through advertising. web and social medla, contact ¥th maln stream local publications and broadcasllng.. b) malnlaining contacts wilh other local agencles Involved in slmilar act11188, local authorlty pounds., being members of the Assoclallon of Dogs and Cals Homes anfl assoclating wSlh othèr suitable organlsations.. c) f+nancing and managem8nt of our freehold safe house vthere dogs could b6 car8d for until other accommodation was availabl8: dl having volunteers, who mana98 sanctuary services for other Small anlmals: e) crèating a managed pool of volunteer foster homes. where animals could be located as a half- way house after being at the rescue centre and going into a new adoptive home, as thls Is a less stressful environment, especially for dogs who could not cope vith rescu8 centra surroundings-
WAGGY TAILS RESCUE LIMITED Page 2.2 TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Q malntaining a managed pool of volunteers who could assist paid slaff with all aspects of animal care including cleaning, training. exercising: g) provision of comprehensive veterinary treatment for all animals in our care, ¥Mlh longer term care provided where needed to aid adoptive homes where anlmals have partlcular long term health issues: h) giving talks to schools and adult groups to educate the public in anlrnal welfare: i) The use of our training room, so that dogs are able lo bè exercised, SOGiallsed and trained more comfortably during the winler months. The Trustees have now been able to fully develop the existing Sanctuary facility and it now operates regularly at maximum anlmal holding capacity. Sadly the charity is not able to accommodate all of the additional animal rehoming requests made when it is so regulady full. The past eighteen months have seen an increase in requests for spaces al the sanctuary. These arise wher8 dogs are unwanled,slray, or where the owner has dled or theres is a family collapse. Alongside this, urgent requests regularty come from the Police, Local Authority pounds and other institutions who cannot find help from other source5. Calls come in from all over England. Achlevements agalnst obJ•¢tlv08 8Ot The Charity continues lo successfully rehome dogs and small anlmals. plus care for older dogs under our Pemianent Foslor scheme. In addltion, we look after emèrgency cases from the police 8nd local authority, when we have the capacity. Followng the acquisilion of the Little Lions Farm sile in 2022, our plannlng appllcallon was Tgfused In October 2024 and the Trusless then had to declde how to proceed. The tenants in tho collage had vacated the premises in September 2024. At that stage we decid8d lo sell th8 property and whilst doing so, offer holiday Tenlals lo maintain some income. However. frh9nds of the charity requested that we should go lo Appeal, which w8 did. Sadly on 18 August 2025 we were nolified that the Appeal had been dismlssed. 4) structure Govérnan -Governing document The organisallon Is a charitable company limited by guarantee, incorporated on 21 st March 2006. The company was established under a Memorandum of Association which established the Objects and Powers of the charitable company and is governed under its Articles of Association. In tho ovent ofthe company being wound up, the members are required lo contribute an amount not excoedlng £10. o and Mana emont -Recrultmenl and Appolntment of Management Commlttee The directors of the cofflpany are also the charity Iruste8s for the purpos&s of Charity law and under the company's Articles are known as members of the Management Committee. One Ihird of the Management Committee rellre each year by rotslion. Under the requirements of the Memorandum and Articles of Association the members of the Management Committee are r8sponsible for making declsions on all rnatters of general concem and irnportance to the charily including deciding on how the funds are spent. -Organisational Structure All members of the M8nagefflent Committee give their time voluntarily and received no benefits from the charity. Any expenses reclaimed from the charity are set out in note 6 to the accounts.
WAGGY TAILS RESCUE LIMITED Page 2.3 TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Each mgmber of the Management Committee focuses on a particular area of the charity's undortakings. And the obligations of Management Committge members include Ihe operation framework as sel out in the Memorandum and Articles, and resourcing and the current financlal position as sel out in the lalesl published accounts. Future plans and objectives are also discussed, drawn up and amended regularly. The twslees are appointed from our volunteers. Each of them has a long stsndlng r8lationship with the Charlty and has experienc8. All the trustees have different backgrounds and bring a pool of knovledge which contributes to thé smooth running of the Charity. The Charity does not have a CEO. The day to day running of the Sanctuary is managed by a Sancluary Manager asslstèd by Duty Managers. The Charlty has an Annual Appraisal proces8 and staff salarles are revlewed after this each year, taklng note of the Llvlng Wage iegulations. The Shop is run by a Manager. Names and addresses of advlsor• Banking services arè provided by.." CAF Bank, 25 Klngs Hlll Ave, Kings Hlll, West Malling Kent ME19 4JQ Other professlonal s8rvlc8s 8re provided by.. Expert HR Solullons Ltd. 7 Summer Fields, VeNood BH316LG Vets4Pels Vlctorla Park Place, 706 Wlmbome Rd. Bournemouth BH9 2EG TC Group, 10 Bridge Street. Chrlstchurch, Dorsgt BH23 1 EF Provlsion Plannlng Consultants, The Lodge. Hlghcroft Road, Wlnche8t8r S022 5GU 5) Flnan lal Revl The net result for the year was an Increase to unrestricted reserves of£275,071 (2024 £27,094) and a d8cre8sé in restricted reserves of £8,810 (2024 increase of £35,237) Fundral•lng and Lagacl•s Performancé of fundral8ing actlvltles agalnst obl8ctlv8$ set Each year we have endeavour to havo two Fairs. in the Spring and Autumn and our main fundraiser is a Fun Dog Show in early Summer. We do nol have set larg81s for thèse as each yèar is differ8nt. There are also a number of smaller fundralsers, throughout thè year. All these are used lo raise the profile of Ihe Charity In the local area. In 2024-25 we held a Spring and Autumn F8ir and organised the Dog Show at Broadslone Fun Day. We also b6n•fitèd from a Garden Party and numerous smaller evènts wlth the proceeds coming to Waggy Tails. Our princlple fvnding comes through legacies but we cannot rely on these solely. These allow us to pay our Vet bllls whlch have Increased signlflcantly over the last year and any extra money goes into the property fund for use at Little Lions Farm. -Investmenl Performance against Objectives No invèstments held currently.
WAGGY TAILS RESCUE LIMITEO Page 2.4 TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 -Principle risks facing ihe Charity That our annual expenditure 11 exceed our income. 6> Reserves Pollc In the past it has been the Management Committee's policy to maintain a balance of funds which equates lo at least three months payments. However, as our COrnTnilments grow al a time when Fund raising gets no easier, the Management Committee have resolved lo increase tho reserves to six months payments over a period of 3 years to cover emergency situations which may arise from tlm8 to time. The targat at the end of the year was £ 270,352. 7) Contrlbutlon madg b Volunteern We would like to thank all the volunteers who work so hard in so many varied ways lo make our charity grow and raise the monoy requlred to fund the care ofouranimals. Our office is manned by volunteers., our shops hav8 a Manager backed by volunle8rs and all fundraising èvents are organised by volunteers. A number of volunteers now attend regular events to benefit Waggy Tails. The Charity would not be ablo lo function without th8 volunteers, they are the key to our operation. Their contribution in view of the hours fre8ly given 18 invaluablè. 8) statèmont of Trustees, Res onslbllltle• The Trustees (who are also the directors of Waggy Talls Rescue Limited for the purposes of company lawl are responsible for preparing the Report of the TTuslees and the financial slalements in accordance with applicable law and United Kingdom Accounting Standards IFRS102). Company law requlres the truslees to prepare financSal statements for e8ch flnanclal year which give a true and fair view of the stale of affairs of the charitable company and of the incoming resourc8s and appllcatlon of resources, Including the Incomè and expendllure of the charStable company for Ihal Perlod. In preparlng those flnanclal statements, the ITUStees ara required to.. select sultable accounting policies and then apply them consistently., observe the methods and principles in the Charity SORP; make judgements and esllmates that are reasonable and prudent., prepare the financial statements on the going concern basis unless k is inapproprlale to presume thal the charitable company wlll contlnue in buslness. The Iruslees are responslble for keeping proper accourbting records whlch disclose with reasonable accuracy at any Ilmo the financial position of the charlIae company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and henc8 for taking reasonable steps for the prevenlSon and detection of fraud and olhor iffegularilies. By order of the Trusteès Sh8lagh Meredith Chaimian Oate..
WAGGY TAILS RESCUE LIMITED Page 3 INDEPENDENT EXAMINERS REPORT FOR THE YEAR ENDED 31 MARCH 2025 Indopondent Examlnerfs Report to the Truste08 of Waggy Talls Rescue Llmlted Independent examlnerfs report to the trustees of Waggy Talls Rescue Llmlted I report lo the charity trustees on my examination of the accounts of Waggy Tails Rescue Limited for tho year ended 31 March 2025. Responslbllltles and bas1$ of report As the charity trustees of the Trust YOU are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report In respect of my examlnatlon of the Trust'5 accounts carried out undar Section 145 of the Act and in carrying out my oxamination I have followod all applicable Dlr6ction8 given by the Chanly Commission under Section 145{51{b) of the Act. Independent examlnerfs statement Since your charity's gross Income exceeded £250,000 your examiner tnust be a member of a lislad body. I can confirm that l am qualified to undertake the examinallon becauso l arn a member of the Institute of Chartered Accountants in England and Wales, whlch is one of the listed bodles. I have completed my examlnatlon. I confirm that no material matters have come to my attention In connection with the examination giving me cause lo believe that in any material respect.. 1. accounting records were not kept in respect of the Trust as requlred by Sècllon 130 of the Act; 01 2. the accounts do not accord with those records,. or 3. the accounts do not comply with the applicable requlrements concemlng Ihe fofm and content of accounts set out In the Charities {Ac¢ounts and Reports) Regulations 2008 other than any r8quirem8nt that the accounts give a true and fair vlew whlch is not a matter consld8r8d as part ol an irKlependent examination. I have no concerns and have come across no other matters in conneclion with the examinatlon lo whlch attention should be drawn In Ihls report In order to enable a proper und8rstandlng of the accounts to be reached. l M Rodd Bsc FCA FCCA TC Group 10 Bridge Street Chrlstchurch Dorset BH23 1EF Dale..
WAGGY TAILS RESCUE LIMrrED Page 4 STATEMENT OF FINANCIAL ACTIVITIES Ilncludlng Income and Expenditure Accounti for the yèar ended 31 March 2025 Not•* Unr••trlctod R•strktod fund8 2025 T¢rtal Totil fund• 2024 2025 2025 Incomlng resources Incoming resources from generated funds: Voluntary income Grants and donatlons Legaci8S Activities for gener8ting fvnds Fundraising Shop and other income Incoming resources from charitabl8 8ctiviti88 Dog rehoming Investmgnt Income Inter88Vcommissions 117,979 511,901 117,979 511,901 127,931 298,640 15,411 105,593 15,411 105,593 9,979 106.926 26,500 26.500 25,643 26,287 26.287 18,205 Other income Sundrie8 11,663 11,663 11,458 Total Incornlng resour¢e$ 815,334 815,334 598,782 Rgsourcos exponded Costs of goneratlng lunds Charitab18 activilies 93,531 8,005 101,536 87,072 396,235 805 397,040 397,133 Addltlon81 Sanctuary slte costs Oth8r 48.697 48,697 50,496 1,800 1,800 1,750 Tolal rw40ur¢•s exponded 540,263 549,073 536,451 Net Income for the year 275,071 18,810) 266,261 62,331 Total funds brought forward 2,347,475 35,237 2,382,712 2,320,381 Total funds carrled lorward 2,622.546 26,427 2,648,973 2,382,712 The statement of financlal activitles in¢lud8s all galns and losses recognised In th8 year. All Income and expenditure derives from contlnuing actlvities. The notes on page 6.1 to 7.3 form an integral part of these flnancial stat8m&nts.
WAGGY TAILS RESCUE LIMITED Registered company numbor 05750206 Page 5 BALW4CE SHEET al 31 March 2025 Notss 2025 2024 Flxed assèts Tangible assets 2.254,461 2,289.795 2.254,461 Current a8SOts Debtors Bank and cash 108,324 550,136 658,460 14,216 593.200 607,416 Crodltorl . amounts due wlthln on• yèar 150.671 > 114,499) Not curront assèts 607,789 592,917 Credltors . amounts due aftor moro than ono ar Total as8ot8108s curr•nl Ilabllltles 10 (213,277) (500,000) Capltal and ros•rvos Unresldcl8d reserves Restrlctad rèserves 12 12 2,622,546 26,427 2,347,475 35.237 2,648,973 2,382,712 For the flnancial year the company was enUlled lo exemption from audit under 8ecllon 477 of the Companles Act 2006 rolaling lo small companles, Dlrectors, responsibilllles.. The members havé not required the company to obtain an audit of Ils financial statements for this y8ar in accordance wllh sectlon 476 of the Companies Act 2006. The directors acknowledge Ihelr resonslbillwes for complying with the r8quiremgnts of sections 386 and 387 of the Companies Act 2006 wllh respecl to accounting records and sections 394 an¢J 395 regarding the preparatlon of financial slat&manls. These financial statements have b88n prépared in accordance with the provisions applicable to compani88 subject lo Ihe small companles regime. Thes8 financial 8tstemenls were appff)ved by the board of directors on and were signed on tts behalf by Shèlagh, eredlth - Trust•• The note$ on pages 6 to 8.3 fonn an integral part of the financlal statements.
WAGGY TAILS RESCUE LIMITED Page 6 Cashflow Statement for the year ended 31 March 2025 Notes 2025 2024 Cash Used In Operating Actlvltl05 192.256 75,945 Cashflows from investlng act5vities: Purchase of tangible fixed assets Purchase of intangible fixed assets Sale of intangible fixed assets Sale of tangible fixed assets Interest received Not cash flows from Invostlng actlvltles (38,570) 26,287 26,287 18,205 (20,365) Cash flows from flnanclng actlvllies Proceeds from long tèrm borrowing Repayment of long t8rm borrowing Net cash flows from flnanclng actlvltles 261,607 (261,607) Change In cash and cash oqulvalents In the year (43,064) 55.580 Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of tha r8porting period 593,200 550,136 537,620 593,200 Noto5 to thg cashflow 1) Reconclllatlon of n8t income to net cash flow from operating activities 2025 2024 Net income for th8 reporting period (as per the statement of financial activities) 266,261 62,331 Adjustments for: Depreciation charges (Profit) I loss on disposal of fixed assets Interest recelved Revaluation of investments {Increase) I decrease in stock (Increase) I decrease in debtors Increase l (decrease) in creditors 35,334 34,348 (26,287) (18,205) (94.108) 11,056 (1,570) (959) 192,256 75,945 The notes on pages 7.1 to 8,3 fom an integral part of the financial statements
WAGGY TAILS RESCUE LIMITED Page 7.1 ACCOUNTING POLICIES for the year ended 31 March 2025 Basis of prepayatlon The financial sialemenls of the charitable company, which is a public benefit èntity under FRS 102, have been prepared in accordan¢& with the Charili8s SORP IFRS 1021 'Accounling and Reporting by Charities.. Slalern8nl ol Recommended Piaclice applicable lo charities preparing th8ir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland IFRS 1021 leffeclive t January 20151,, Financial Reporting Standard 102 Tho Financial Reportin9 Sland8rd applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial slalements have been prepared under the historical cost convention. Statsment of Cash Flows A slalemenl of cash flow8 has nol beon prepared. In accordance with the Tru8ts&s' Statement on page 2.2 in respect of this matter. Incomlng rnsour¢•8 These ar8 included in the financl81 slalem8nls when the company becom88 entillad lo the r8sources, there is certainty that the resources will b6 raceived and th8 monetary value c8n bè measured wlh suficionl rgliabllily. Ro•ourc08 exp8nd•d Expondilure Is recognised on an 8ccrual basis as a liabillty incurred. Expendllure includes VAT which c8nnol be recovered and is reported as part of the oxpendilure lo whlch il r8lale8. Grants and donatlon8 These are only included ¥then the company has uncondillonal enli118menl Iheroto. Tax r•cl•lrn on donatlon• and glftl Incoming re¥ources Irom tax rad8ims are induded al the Ilme ol the submissn of the lormal reclaim, Voluntoor help Thg value ol any voluntary help is not included In tho financial 8lat8ments. Llablllty rncognltlon Liabili1185 ar8 recognised as soon as there Is 818991 or conslruct+ve ob1lgaln ccffirnitting tho company lo pay otjl the resourc88. Support costs Support costs include central function8 consislenl wlh Ihg use ol resources. Debtorn ind ProY0ntI Debtors and prepayments are recognlsed at the transactlon price where an entlty has a present obligation resulting from a p8sI event that wll probably r8suIt in the transfer OrndS trom a third party to the charity and the amount due to settle the obligation can be measured or estimated reliably.
Page 7.2 Crodltorn and provlslons Creditors and provision5 are recogni5ed where the charity ha5 a present oblatIon resulting trom a past event that TrMII probably result in the transfer of fund5 to a third p8rty and the amount due lo settle the obligation can be measured or estimated roliably. Creditors and provisions are nom)ally recognised at their Iransadion prlce 8ft8r allowng for any trade discounts d. TJnglbl• Ilxed a•sgt• Flxad asset8 are staled al cos1 less acGumulaled depreciation. The co818 of rninor addilionB are not capilli59d. Depreciation is provKJed by th8 company lo write off the cost of tangible fixed assets over their estimated useful economlc Ilv88 by equal inslalmenls or on the reducing balanc8 basis al the following r8les'. Land and bulldlngs 20kn Straight Line Improvement¥ lo propety 10% Slraighl Line Equipmonl and vghicles 25% Reduclng Balance Dtprecl8tion of land and buildings18 con8ideretl immaterial due to the long economi¢ ljfe and hlgh residual valu& especially of Ihe18nd element. Fund •¢¢ountlng Unrestricted funds are avallable for use al the d18cretlon of the Directors In lurtherancfj of the gener81 charitobla objectives of the company. Re8lrlcted funds Bro to bo used for specrflc PUTpo$e8 88 lald down by tho donor. Expendlbjre wthich meets th18 crilgrig i¥ charged to the fund.
WAGGY TAILS REscue LIMITED NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 MarGh 2025 The cornpany is Limited by Guarantee and has no share capital. The guarantors are the DirectorsrusteeS vknose liabS1ity in the event of a windiro up is limited lo £ 10 each. There wer Directorltrust68s al the balance shèet dale. The ultimate controlling parties ar 8 members of th8 charity. Unrn8tri¢tod Restrl¢tod Funds Fundj Page 8.1 Total 2025 2024 Total Incoming rnsourco8 Voluntary Incom• Legacies Donations Actlvltl88 lor gènerntlng funds Collections Evgnls Shop sales Other income Charltablo actlvltlos Dog rehomlng In¥estm8nt In¢om• Inler88Vcommisions Other Income Sundri98 Tot•1 511.901 117,979 511.9)1 117,979 298,640 127.931 4,018 11.393 103.812 1.781 4,018 11,393 103,812 1,781 2.769 7,210 103,945 2,981 26,500 26,5(J) 25.643 28.287 28,287 18.205 11,663 815.334 11,663 815,334 11.458 598.782 Unrestrictod Re8trlct•d Funds Fundi Totsl 2025 2024 Total r•Jourcos oxp•nd•d Colts of generatlng fund8 Staff costs Shop8 8818bli8hmenl c08t8 Mileage raimburs8menl8 Vehicle ¢ts Ènd deprocialion Insurance Promollon81 and fvndraising co818 68,707 14,628 14 7,118 2.705 66.707 14.628 14 15,123 2,705 56,824 9,510 32 16,716 1,439 2,551 87,072 8,OOS 8,005 101.536 Co•ts of charltablè actlvltS•8 Vets lees and wallare cosls Sanctuary staff costs Sanctuary eslabllshment cos15 Other staff c08ts Office costs Equipment rapAirs & depreciation ProfeSOnal fegs Sundry expen888 56,327 260,307 21.491 23.599 4.579 24,511 3,383 2,038 396,235 56,327 260.307 21,491 23,599 4,579 25,318 3,383 2,038 397,040 54,807 259,126 15.882 26.581 7.455 27,614 3,282 805 397.133 Govornance coit# Accour)taney lees 1.800 1,8Crf) 1,750 Addltlonal S•ncluary slto ¢o•t• Esiablishmenl costs Professional and plannlng costs Loan interest Income generated 26,364 8,462 32,044 18,173 48,697 26,364 8,462 32,044 18.173 48,697 23,517 27,004 37,558 37,583 50,496
WAGGY TAILS RESCUE LIMITED NOTES TO THE FINANCIAL STATEMENTS for tho yoar ended 31 Mah 2025 Page 8.2 2025 2024 Stsff Wages and salaries Social security costs P8nsions 319,438 25.010 6,165 350,613 309,736 26,119 11,126 346,981 The average number of employees for the year. calculated on Ihg basis ol full tsme equivalent$, for charitable activities was - No employees re¢dved emoluments abovg £ 60,000 (2024 £ nil) 15 12 N•t Income lor th• yoar This Is stated after charging., DepTecialion Independent 6xamlnerf8 feo Trusto•'• rnmunaratlon 35,334 34.348 No Irusle8s received Jny remuner81ion or r¢lmbursem8nl of expenstss12024 £ nil) T•nglble flxed as¥•ts Llrxl [dI1Val ImpvovemontS to PFop• Equl Motor Tol COST Opening balance Addition$ Disp0$818 C108ing balance 2,350.307 110,013 38,639 75.649 2,574,608 2,350,307 110.013 38,639 75,649 2.574,608 DEPRECIATION Op6nlng balance On di8P08als Charge for year Closing balanco 115,542 110,013 23,681 35,577 284,813 21.578 137 118 3,740 27,421 10,018 35,334 320,147 110,013 NET BOOK VALUE Al end of year 2,213,189 11,218 30,054 2,254 461 2025 2024 Dobtorl Other debtors Pr8paymenls 104,851 3,473 108,324 7,403 6,813 14,216 Crodltorn - du• wlthln on• yttar Accruals Taxation and tyoci818ecuflty CAF Bank loan Olhpr Creditor8 8.828 7,022 25.116 9,705 50.671 6.464 6.532 1,503 14.499 10 Credltors - du• aft•r mor• than one yoar CAF Bank loan repayable over 10 years (secured) 213.277 500,000
WAGGY TAILS RESCUE LIMITED NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 M?h 2025 Page 8.3 11 Capltal commltmènts Th8re were no material capital commitments al 31 March 2025 { 2024 £ nll> Minimum lease paymenls under non-cancellable operating leases lall due as follows.. thin one yeai 2-5 years 8,000 6,500 8,000 6,500 12 Movomont In funds AI 01104124 Incoming Re80urces Resouf¢e8 At 31103125 Expendod Unre8trlctgd Funds General Fund 2,347,475 2.347,475 815,334 815,334 1540,2631 2,622,546 1540.2631 2,622,546 Rostrlcted Funds JP Morgan Mgzo15 Irusl Pel¥ al Home 450 2,768 32,019 35,237 337 2,076 24,014 26,427 16921 18,(1051 18,8101 Total Fund8 2,382,712 815,334 549,073 2,648,973 Purp08e8 of Roslricled Funds JP Morgan- Mazar8 Trust- Pets al Home- contribution towards cost of pel scanners nlibulion towards purc8hse of Iwo container8 contribution towards acquisillon of animal ambu1Ce and veterinary costs Roslricled funds reprgsenl monie8 received $p9Gifically lo fund th8 8s581 acquisitions and will be amortlsgd over the useful economic lifg of the assets io wh•ch il r8lales. 13 Ind•pond•nt examlnors. rnmuneratlon Indep8ndo1118xafflin8rs' rgmunoralion was £ 1,800 12024 £ 1.7501, 14 Related party tr•n•a¢tloni During the yaar endod 31 March 2025, tfusle8s donated a lolal of £nil <2024.. £nill During tho year ended 31 March 2025, one deceased Irus18e and Ihwr lamlly members left donations lolalling £14,55512024.. £nill During the prior y8ar ondgd 31 March 2024, a Trustee purchased used vthile goods from the charity lolalllng £15012025.. £nill.