PET RESCUE WELFARE ASSOCIATION
TRUSTEES REPORT
FOR THE FINANCIAL YEAR TO 31ST AUGUST 2022
For the year to 31[st] August 2022 there were no appointments or resignations to the Board of Trustees as stated in the previous year report to 31[st] August 2021.
The charity has not been the recipient of any bequeathments.
The Veterinary Clinic Fees increased again, as a full time service is also offered to local residents and the practice is covered by two vets. The boarding fees and daycare are of a similar level of income. There were no Fundraising events.
As in the previous years, we now have a large number of elderly pets and pets with medical conditions. We will continue to care for them to aid their quality of life.
The advertising costs remained steady, but income increased by over £10,000!. Other overheads continued or increased, especially the cost of clinical supplies, and Vets fees.
It was necessary to employ more staff on a full-time basis, due to ill health of the main person, Marjorie Summerfield, who has cancer. Wages have therefore significantly increased this year due despite having a few active volunteers, but there was no expense necessary for sub contract workers, in this year. There are two on-site accommodation units for continuous care staff to cover, twenty-four hours every day. Unfortunately staff costs and other overheads have created a loss this year, and it is impossible to predict what will happen.
A balance sheet is attached to the report.
Signed
Rev M Summerfield
Date: 25[th] March 2023
PET RESCUE WELFARE ASSOCIATION LLEWERLLYDD FARM
DYSERTH
DENBIGHSHIRE LL18 6BP
PROFIT & LOSS ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2022
| 2022 | 2021 | |||
|---|---|---|---|---|
| Receipts | ||||
| Kennel Fees | 0 | 628 | ||
| Clinic/Veterinary | 215121 | 190954 | ||
| Donations | 11296 | 7951 | ||
| Fundraising and Sundry | 0 | 0 | ||
| Bequeathments | 0 | 16019 | ||
| 226417 | 215552 | |||
| Less refunds | 270 | 0 | ||
| 226147 | 215552 | |||
| Expenditure | ||||
| Animal Food & Welfare | 907 | 7230 | ||
| Clinical & Veterinary Supplies | 22089 | 68315 | ||
| Laboratory Fees | 6197 | 15316 | ||
| Veterinary Fees | 49694 | 44315 | ||
| Funeral Care | 2468 | 3213 | ||
| Wages & Salaries | 79312 | 7950 | ||
| Subcontractors | 0 | 31374 | ||
| Premises | ||||
| Rent, Rates & Water | 8844 | 12422 | ||
| Storage | 1280 | 1536 | ||
| Heat & Light | 9387 | 14678 | ||
| Insurance | 3232 | 3327 | ||
| Equipment Hire (WC) | 9220 | 2665 | ||
| Printing, Stationary | 313 | 587 | ||
| Cleaning & Staff Welfare | 1284 | 24 | ||
| Repairs & Renewals | 17656 | 22479 | ||
| Advertising | 3796 | 3736 | ||
| Accountancy & Professional fees | 9807 | 4689 | ||
| Telephone & Internet | 6521 | 3164 | ||
| Website Fees & Subscription | 1152 | 561 | ||
| Motor Expenses | 1230 | 87 | ||
| Bank & Card Charges | 84 | 133 | ||
| Sundries (inc. fundraising) | 0 | 0 | ||
| Workwear | 124 | 0 | ||
| 234597 | 247801 | |||
| Depreciation | 4293 | 7479 | ||
| Net Profit/ - LOSS | -12743 | -39728 |
PET RESCUE WELFARE ASSOCIATION BALANCE SHEET AT 31ST AUGUST 2022
FIXED ASSETS
ASSETS DEPRECIATION
Portakabins 17000
Vehicle & Quad Bike
| WDV b/f 1.9.21 | 1482 | |||
|---|---|---|---|---|
| Depreciation @ 20% | 296 | 296 | ||
| WDV at 31.8.22 | 1186 | |||
| 1186 | ||||
| Plant & Machinery | ||||
| WDV b/f 1.9.21 | 15317 | |||
| 0 | ||||
| 0 | ||||
| 15317 | ||||
| Depreciation @ 20% | 3063 | 3063 | ||
| WDV at 31st August 2022 | 12254 | |||
| 12254 | ||||
| Office Equipment | ||||
| WDV b/f 1.9.21 | 1010 | |||
| 0 | ||||
| 1010 | ||||
| Depreciation @ 20% | 202 | 202 | ||
| WDV at 31.8.22 | 808 | |||
| 808 | ||||
| Fixtures & Fittings | ||||
| WDV b/f 1.9.21 | 3654 | |||
| 0 | ||||
| 3654 | ||||
| Depreciation @ 20% | 731 | 731 | ||
| WDV at 31.8.22 | 2923 | |||
| 2923 | ||||
| 34170 | 4293 | |||
| CURRENT ASSETS | ||||
| Cash at Bank | 10094 | |||
| Reserve Account | 35551 | |||
| Cash on Hand | 0 | |||
| 45645 | ||||
| CURRENT LIABILITIES | ||||
| Trade Creditors | 1320 | |||
| 1320 | ||||
| NET CURRENT ASSETS | 44325 | |||
| TOTAL NET ASSETS | 78495 | |||
| FINANCED BY: | ||||
| Reserves b/f 1.9.21 | 91238 | |||
| Profit and Loss Account | -12743 | |||
| Reserves at 31.8.22 | 78495 |
PET RESCUE WELFARE ASSOCIATION EXAMINER'S REPORT TO THE TRUSTEES OF PET RESCUE WELFARE ASSOCIATION FOR THE FINANCIAL YEAR TO 31ST AUGUST 2022
I report on the accounts for the year ended 31[st] August 2022 which are set out on pages 1 and 2 of the annual accounts.
Respective responsibilities of Trustees and Examiner
The Trustees consider that an audit is not required for this year under section 43 (2) of the Charities Act 1993 (the Act) and that an independent examination is needed.
It is my responsibility to:
examine the accounts (under section 43 of the Act)
to follow the procedures laid down in the General Directions given by the Charity Commission (under section 43(7)(b) of the Act), and
to state whether particular matters have come to my attention.
Basis of Independent Examiner's Report
My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to these matters set out in the statement below.
Independent Examiner's Statement
I n the course of my examination, no matter has come to my attention:
- which gives me reasonable cause to believe that in, any material respect, the requirements: to keep accounting records in accordance with section 41 of the Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act; have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed :
Peter W G Ball, Accounts Associates Ltd Edinburgh House 17 Clwyd Street, Rhyl LL18 3LA Date: 29th March 2023