OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Nowzad

2020-03-31-accounts

Charity number: 1119185

NOWZAD

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2020

NOWZAD

CONTENTS

Page
Reference and administrative details of the charity, its Trustees and advisers 1
Trustees' report 2
Independent examiner's report 15 - 16
Consolidated statement of financial activities 17
Consolidated balance sheet 18
Charity balance sheet 19
Notes to the financial statements 20 - 33

NOWZAD

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2020

Trustees P Murchison (resigned 14 November 2020)
N Kanderian
M Gibbs (resigned 14 November 2020)
D Tatsch
D Hill
Charity registered
number
1119185
Principal office
Meriel Suite
Hartnoll Farm
Post Hill
Tiverton
Devon
EX16 4NG
Chief executive
P Farthing
Accountants
Bishop Fleming LLP
Chartered Accountants
2nd Floor Stratus House
Emperor Way
Exeter Business Park
Exeter
EX1 3QS

Page 1

NOWZAD

TRUSTEES REPORT FOR THE YEAR ENDED 31 AUGUST 2020

WELCOME FROM THE BOARD OF TRUSTEES

Welcome to the trustees annual report for 2019/20. In this current year there have been several developments at Nowzad, including an excellent Internship program whereby two assistant vets will spend an extended period of time with us. If successful we hope to help them develop their veterinary care next year in 2020/21. We are also pleased to announce the addition of a new trustee, Nina Kanderian. Nina has worked for a number of animal-related charities in both administrative and program-related roles including The League Against Cruel Sports, Care for the Wild International and the Born Free Foundation. She has also spent three years living in Afghanistan working for the Wildlife Conservation Society. We have seen many volunteers spend their time raising much needed funds through a number of a activities ranging from organising coffee mornings, standing in cold and wet fields at outdoor events to run stalls, organising dog shows, even our CEO has pulled a cart through the streets of Kabul to raise awareness of the ZHOIDUH�RI�ZRUNLQJ�GRQNH\V�GXULQJ�WKH�³:DON�D�PLOH�LQ�P\�VKRHV´�FDPSDLJQ���7KH�WUXVWHHV�ZLVK�WR�H[SUHVV�RXU� thanks and gratitude to all those volunteer fundraisers who work very hard behinds the scenes that make it possible for Nowzad to continue to support both the animals in our care, effect positive change in animal welfare within the local communities that we serve and help reunite soldiers with their companion buddies. In addition, we receive funding from a number of Trust Funds who have contributed to our funding stream which allows us to continue the work of Nowzad. There are too many to name but we are very appreciative of their donations and wish to extend our thanks to them all.

We now present our report of the charity for the year ended 31 March 2020. Please note, the accompanying financial statements have been prepared by an independent financial auditor and in accordance with the accounting policy of the charity. Nowzad is a registered charity in England and Wales with the Charity Commission number 1119185.

Pat Murchison, Dan Tatsch, David Hill, Nina Kanderian,

Mike Gibbs

March 2020

A WORD FROM ONE OF OUR VOLUNTEERS

,�FDQ¶W�UHPHPEHU�H[DFWO\�KRZ�PDQ\�\HDUV�DJR��SRVVLEO\�HLJKW��WKDW�,�UHDG�3HQ¶V book and decided that this was a charity that I would like to follow and support. I have always been an animal lover, especially dogs, and ever since I was born a dog has been in my life.

I started donating to charities as soon as I was earning my own money but always felt my small contribution would be lost in big organisations and it was never quite enough to make a difference. I did support some smaller animal charities and found that they appeared to be using their funds for much smaller projects but were still making a differeQFH�IRU�WKH�DQLPDOV��2QFH�,�KDG�UHDG�3HQ¶V�ERRN�,�GHFLGHG�WKDW�1RZ]DG�ZRXOG�QRZ� be my chosen charity and I got involved as much as I could with helping to fundraise for them.

Over the coming years I found there were many ways supporters could help and I enjoyed taking part and VHHLQJ�KRZ�WKH�IXQGV�UDLVHG�UHDOO\�GLG�KHOS�1RZ]DG��,�WKHQ�VWDUWHG�ORRNLQJ�IRU�QHZ�LGHDV���,�ODXQFKHG�³5DLVH��� 1RZ]DG´��DQ�RQ-line auction site, four years ago and it has gone from strength to strength. Monthly auctions are run with items that are donated by supporters or with items that I buy in sales, charity shops etc. I am an avid shopper and I love a bargain especially when it can raise money for animals. The auctions do take many hours to manage and run but they can raise between £300 to £600 per month. Leading up to Christmas are the biggest months where there are around 150 items in the auction but they can raise over £1000 each month. I also run raffles throughout the year and events via the group.

Page 2

NOWZAD

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020

I also attend fundraising events during the year with my husband if we are invited or we apply to attend. These are where we have our own gazebo and sell official Nowzad merchandise along with any donated items we are given to take to raise funds. They can be very long days, some long distance travelling and sometimes the weather is not great, but it is a great way to raise awareness of Nowzad and raise some much needed funds as well. We get to speak to the public and share our passion with them. They also get to meet our Nowzad rescue Sharifa who attends fundraising events with us. We adopted Sharifa in May 2017 and we love her to bits. Sharifa was found wandering in Afghanistan in the most awful condition but she was rescued, cared for and loved by the wonderful team at Nowzad. She now lives the best life with us in Devon. I have made many friends during my time fundraising for Nowzad and I am proud to support such an amazing charity.

Ann Hill

0(66$*(6�)520�

Pen Farthing, Founder and CEO

I wrote last year that it had been a testiQJ�\HDU��DQG� sadly I am going to write the same again this year. The proposed peace deal in Afghanistan seems anything but that. The Americans have brokered a deal with the Taliban but forgot to include one significant group in the nHJRWLDWLRQV��WKH�$IJKDQ government. Yet again we need to wait and see where how the pieces will fall into place when the Americans complete their withdraw from Afghanistan, which is planned for April 2021 and what that will mean for the security of Afghanistan and our ability to operate.

The team here in Afghanistan have continued at a hectic

pace providing the continued practical training for veterinary students and our long term internship programme whilst being on the front line of animal welfare and care for the dogs and cats and other animals that have needed us. And all of this is because our loyal and extremely generous supporters have been there come rain or shine to be the difference. Without this inspiring and dedicated support so many animals would suffer. It is humbling to be a part of this great charity.

Hannah Surowinski, Director

Despite Afghanistan being as volatile as ever, between 2019/2020 the Nowzad Charity continues to be as impactful as always in improving Animal Welfare throughout. Our vital education programmes have expanded into a new initiative that now includes much coveted roles in our Veterinary internship scheme at the Nowzad clinic. In fact, our Internship scheme was so successful that our two interns Dr Hamida and Dr Farzad ± soon found job roles once their placement was complete with us! We were so impressed with their knowledge and dedication that we decided to offer them both permanent positions at Nowzad. Now, in their new roles as Assistant

Page 3

NOWZAD

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020

9HWHULQDULDQV�DW�1RZ]DG�WKH\¶Ol be training the next intern recruits!

Within the UK, we welcomed Nina Kanderian to our board of trustees and she has already proven to be a valuable asset to the Nowzad Team, with her experience within Afghanistan and constructive input, she has brought new energy to the running of the charity.

On my most recent visit to the Nowzad shelter and clinic in Kabul, I was bolstered by the inspiring work that our Afghan Team continue to do on a daily basis, not only for the animals, but for the people too. Whilst there, we had a visit from some vulnerable young women from another organisation that thought it would be of benefit for the girls to spend some time with our animals. At first, the young women were cautious and scared of our residents, but after a few hours with the rescued dogs and cats in our care, it was humbling to witness their confidence grow and compassion for the animals shine through. To see their troubles briefly forgotten and the smiles emerge on their faces, proved that just a brief encounter at the Nowzad clinic could make a ± lasting impression just a small example of the effect Nowzad has on the community in Afghanistan.

We are continuing and expanding many of our vital animal welfare programmes, as well as constantly exploring new areas in Afghanistan where animal welfare is desperately needed, all this in addition to striving with our fundamental mission to reunite soldiers with the dogs and cats they rescue whilst serving.

At time of writing this, the Coronavirus crisis has resulted in us taking the decision to place the Nowzad shelter and clinic in Afghanistan into lockdown, much the same as the rest of the world. At this stage it is hard to tell what long-term effect this will have on the Nowzad Charity, but what we do know is that the animals of $IJKDQLVWDQ�QHHG�XV�QRZ�PRUH�WKDQ�HYHU��DQG�ZH¶OO�EH�WKHUH�IRU�WKHP�DV�ORQJ�Ds we are able, thanks to the generous support and tenacity of our incredible Nowzad Family.

THE STORY OF MOOSH

,W¶V�D�ELJ�GHFLVLRQ�WR�DGRSW�D�GRJ�DQG� particularly so from Afghanistan! We had personal reasons for wanting to do so and hoped that our new family member could become a good pal for our eight year old collie-;�µ%LOO\¶���7KH�DSSOLFDWLRQ�SURFHVV� seemed to happen very quickly and before we knew it we were approved and into fund raising for a young dog ± µ0RRVK¶� - who had been taken into the shelter following a traffic accident. The amount to raise seemed huge at first but before we knew it the amazingly generous family of Nowzad supporters were chipping in contributions and with the encouragement and support of the Nowzad team the total was raised without drama and in less than

four months. Throughout this time we were kept up to speed by one of the Nowzad vets in Afghanistan with regular updates and photos. We decided to delay bringing Moosh over to the UK for a further four months to ensure that when he arrived we would be in the best position to give him the time he would need to adjust and settle into a strange new environment and Pen, Hannah and the whole team were very supportive in this. This was the right thing to do for us but did mean that his arrival coincided with a very wet autumn which was not ideal for house training! Something to think about perhaps.

Page 4

NOWZAD

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020

On arrival the pick-up from Heathrow went smoothly. Moosh came with us willingly though it took a fair bit of coaxing to get him to enter the car ± in hindsight it may have been simpler to keep him in his travel crate! On the journey back he hid in the rear footwell and was understandably anxious about his new situation. Getting him home however was reasonably straight forward with just one accident on the carpet and a good appetite EHIRUH�EHG��:H¶G�GHFLGHG�RQH�RI�XV�ZRXOG�VOHHS�ZLWK�KLP�GRZQVWDLUV�XQWLO�KH�VHWWOHG�DQG�IRU�WKH�ILUVW�IHZ� nights made a point of getting up to take him outside during the night. The first few weeks had their fair share of challenges, some which you could expect with any young dog but some which were specific to adopting a street dog from Afghanistan. In particular, we had underestimated just how low his confidence baseline would be and his anxiety around anything new or unfamiliar, but this neophobia, especially around people, is a common trait found in undomesticated dogs so probably not surprising for a street dog from Afghanistan!

After a couple of weeks we were able to venture beyond the house and garden though living on a busy street we had to time our exits carefully to avoid too many interactions. It probably took another couple of weeks, or a month all told, before MRRVK�VWDUWHG�WR�UHOD[�DQG�HQMR\�D�ZDON�LQ�WKH�ZRRGV��,W�VWLOO�ZRXOGQ¶W�WDNH�PXFK�WR� upset him though and his tail was a constant barometer of his mental state. If he was really worried the anchors would go on and it took significant reassurance and/or the new event to pass before he would carry on. After two months things were noticeably improving both with strangers coming into the house and encountering new experiences outside making the situation far more manageable, but we recognise that these are traits which have been bred out of domesticated dogs so accept that socializing Moosh will likely be an ongoing process!

So where are we now some four months after arrival? In a much better place. Not that it was ever a serious problem but it did have its momenWV��$W�WKUHH�PRQWKV�ZH�KDG�VXIILFLHQW�FRQILGHQFH�LQ�WKH�ERQG�ZH¶G�GHYHORSHG� to let Moosh off the lead in quiet areas which was a significant step and now makes walks a joy, though in truth the recall remains a work in progress! This may also take significantly longer with some dogs and the general guide seems to be about six months for most rescue dogs. However it was a real breakthrough for us. Moosh is just much calmer going out now and even walks well to lead around quiet roads. At home he is a joy, curious of everything, always hungry and looking for food but a real gentle giant at heart who just wants to snuggle up and be loved. Things may disappear - he has a particular penchant for chewing socks and slippers ± and we have the odd growl with Billy, usually of the jealous or food related variety, and he can certainly shed hair, but oveUDOO�KH�KDV�VHWWOHG�UHDOO\�ZHOO�DQG�LV�QRZ�RQH�RI�WKH�IDPLO\��,W¶V�KDUG�WR�UHPHPEHU�OLIH�ZLWKRXW�KLP� DQG�ZH�ZRXOGQ¶W�KDYH�LW�DQ\�RWKHU�ZD\�

Jon, Ethaar and Moosh

TRUSTEES AND ORGANISATIONAL STRUCTURE

The Nowzad charity is overseen by a board of trustees approved by the current serving board. Trustees are QRW�UHPXQHUDWHG�IRU�WKHLU�WUXVWHHVKLS�H[FHSW�IRU�H[SHQVHV�UHODWLQJ�WR�WKH�FRXUVH�RI�WKH�FKDULW\¶V�DFWLYLWLHV�� Being cognisant of the security risks concerned in operating in Afghanistan, each year at least one of our trustees travels to Kabul specifically to meet with the staff and visit the Nowzad facilities and experiences firsthand the projects and local communities that are benefiting from the Nowzad Charity. These visits are of utmost value as the board of trustees are responsible for setting the strategic plan and the direction the charity takes. The trustees are responsible under the law of England and Wales for the correct and lawful operation of Nowzad. The board of trustees operates and manages the Nowzad charity as a non-governmental, nonpolitical, non-religious organisation established in 2007.

Page 5

NOWZAD

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020

The following people served for the full year ending 31st March 2020;

P Murchison

D Tatsch

D Hill

M Gibbs

N Kanderian (Joined April 2019)

All trustees serve until such time as they feel they can no longer give the required time and commitment to the charity as each trustee takes their responsibility to the governance of the charity extremely seriously. Due to the long distances involved to travel to meet face to face most trustee meetings are held via 0n-line video conferencing (normally Zoom.us) and recorded although face to face meetings are arranged where possible.

GOALS AND CHARITABLE OBJECTIVES

Charitable Objectives (Charity Commission)

1)

For the benefit of the public to relieve the suffering of animals in need of care and attention and in particular, to provide and maintain rescue homes or other facilities for the reception, care and treatment of such animals.

2)

To promote humane behaviour towards animas by providing appropriate care, protection, treatment and security for animals which are in need of care and attention by reason of sickness, maltreatment, poor circumstances, war or ill usage and to educate the public in matters pertaining to animal welfare in general and the prevention of cruelty and suffering among animals.

Page 6

NOWZAD

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020

Nowzad has a dedicated long term mission to improve animal welfare programmes in Afghanistan, a country brought to the brink by war and tribal conflict, which in turn will support the Afghan people through our work in the reduction of disease, particularly rabies.

A. Animal welfare.

We humanely reduce the stray dog and cat population and the incidence of diseases such as rabies and parvo, amongst other conditions. We are also proud to confirm that we have the first ever dog and cat clinic in Afghanistan. It is run by a dedicated team from Afghanistan who delivery high quality veterinary care and treatment providing first class animal care in Kabul. Our animal clinic has treated a range of animal illness and injury from distemper/parvo to serious vehicle injuries requiring amputation and then ongoing long term care. All dogs and cats arriving into the Nowzad shelter are neutered / spayed and fully vaccinated (Rabies / Parvo / Distemper / Flea & Tick) by our Afghan veterinary team.

B. Public health.

The promotion and delivery of animal welfare and the resulting health benefits to the Afghan people takes into account and meets the Charity Commissions guidance on the public benefit. In addition to this we continue our activities within the local communities by helping them to understand the welfare needs of their animals which in turn increases higher levels of animal health and decreases illnesses such as rabies that could be potentially harmful to the local community.

C. Education.

We strongly believe that education, both informal and formal, continue to be the bedrock of helping people to understand and improve the welfare of all animals. To this end we continue to building relationships with the local Afghan community leaders and the local residents through educational programmes such as visiting schools, working with Kabul University to provide placements for their veterinary training programme

We believe this is why Nowzad continues to stand out from other charities operating in Afghanistan in our determination to be part of thH�$IJKDQ�FRPPXQLW\�DQG�VHH�RXU�SURJUDPPHV�DV�µ$IJKDQ�OHG¶�UDWKHU�WKDQ�GULYHQ� by a desire for western recognition. Although we continually do receive welcomed recognition in the western press which is key to drive funding.

D. Soldier Animal Companion rescues.

Our Soldiers Animal Companion rescue programme has assisted over 1600 soldiers to be reunited with their adopted animals. Often when brave men and women are serving in a war zone they find themselves adopting one of the many stray dogs or cats that are struggling to survive there. These soldiers are not only a salvation for the animal; the dog or cat are often described as 'lifelines' to their soldier, providing a respite from war, a moment of peace, home and love. When the soldier's tour of duty comes to an end, it is unthinkable to leave their four legged comrade that they've bonded with, behind. We arrange for the animal to safely get to the safety of the Nowzad clinic, we then provide shelter for the animal as well as vaccinations. We also spay/neuter ALL rescues and provide any required medical attention. Then, we carry out all necessary checks and paperwork to get the dog or cat to their loving forever home ± wherever it is in the world.

Page 7

NOWZAD

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020

RISKS, CHALLENGES AND EXTERNAL FACTORS AFFECTING ACHIEVEMENT

The Board of Trustees fully recognises its responsibility for the management of risk and in doing so meet quarterly with the CEO to discuss the risks taken by the Nowzad staff in relation to their activities. Afghanistan is a war zone. Peace, as we take for granted in the West has not been known in Afghanistan for three generations. Operating as an aid organisation without direct military support is, without doubt, a serious and committing undertaking. Our CEO and Director of the Nowzad charity spends as much time as feasible in Kabul at the Nowzad shelter and clinic assessing the constantly changing security situation. As long as there is an acceptable level of security we will continue to operate in Afghanistan.

All significant activities undertaken by the Nowzad charity are subject to a risk review prior to any activity commencing. Major risks are identified and appropriate risk management plans discussed and implemented. The CEO is in direct contact with security services based within Kabul city which helps to maintain our heightened security awareness. We are particularly concerned with the constantly changing and heightened VHFXULW\�VLWXDWLRQ�LQ�.DEXO�DQG�WKH�KLJK�OHYHO�ULVN�DVVRFLDWHG�ZLWK�KDQGOLQJ�DQLPDO¶V�SRWHQWLDOO\�FDUU\LQJ�UDELHV��

Major risks could have a significant impact on;

These risks are reviewed constantly and the appropriate procedures and policies implemented to maintain a safe level of working. Where possible we restrict staff movements as required but both we as the board of trustees and our staff accept a degree of risk is always going to be associated with operating in Afghanistan if we are to achieve the objectives that we have set ourselves as a charity.

COVID-19

During this financial year we have seen the development of the Covid-19 pandemic and at the current time of writing this report the UK and many other countries, including Afghanistan are in lockdown. Already in these uncertain times we have seen a drop in donations and the majority of fundraising activities have been cancelled. It is too early yet to make any forecast regarding the financial implications this will have on Nowzad. However, the board is monitoring the situation by working closely with the CEO, Director and Incountry management in order to adapt and change when appropriate.

OTHER ACTIVITIES, ACHIEVEMENTS AND PERFORMANCE

A. Educational Programme

Nowzad provides several educational programmes. One of the projects that we are very proud of is our partnership with Kabul University and Kabul Veterinary Institute. Over the past years we have provided essential training to veterinary students. Our veterinarians take pride in educating the future veterinarians of Afghanistan. Trainees are able to work hands-on in the following fields; physical dog and cat examination, safe handling of animals, animal first aid, lab tests to include urine analysis, blood and chemistry machine, use of drugs, vaccinations, and pre and post-operative care. From the beginning of the training course to the end of the training course, we see major improvements in all of the students. Our goal is to provide education to as many Veterinarians as possible to ensure that animals all around Afghanistan are treated proficiently and empathetically.

Page 8

NOWZAD

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020

B. Internship Programme

We already work very closely with the 353 Trust (England and Wales registered charity 1151988) who help fund our clinic in Kabul. This year we are pleased to announce a further development of our educational programme by jointly working with the 353 Trust to launch an Internship programme. This year we saw two new assistant veterinaries start this programme with us. Dr Hamida and Dr Farzad. At the time of writing this report we are very impressed with their dedication and commitment.

Here, they tell us why they love working at the Nowzad clinic and why it is so important to them to improve the lives of animals in Afghanistan:

Dr Hamida ± Assistant Veterinarian at Nowzad

My name is Hamida Shabae, daughter of Abdul Satar Shabae. We are an average family, I have two sisters and three brothers. My father works in government and my mother is jobless. My hobbies include reading books and [laying with animals. After I graduated from university in 2017 I searched for a job. At first I was so happy WKDW�,¶P�D�YHWHULQDULDQ�DQG�,�FDQ�VHUYH�WR�DQLPDOV� but after a lot searching I became so hopeless cDXVH�WKHUH�ZDVQ¶W�DQ\�FOLQLF�WR�VHUYH�DQLPDOV��$W� Kabul there was many poultry sectors and their aim was just business. I went to some small animal clinics in Afghanistan, but the clinics were all in a bad situation in the view of hygiene, animal welfare, treatment and etc. Many people

in Afghanistan think that being a veterinarian means treatment of farm animals, breeding, business, and the slaughter of animals. When I see all of this, I hated being a veterinarian. I wanted to start another faculty, but I was so hopeless and unhappy that I wasted five years of my life and veterinary skills in business. This all changed when I found a chance to come to Nowzad and I was a lucky girl to find this chance, because at Nowzad I achieve what I had always wished. I wished to serve animals which suffer, animals who are abused by humans, animals which are hopeless and homeless, thirsty and hungry animals, and I am doing it all at Nowzad. Nowzad is a small society with big humaQLW\�DLPV��1RZ�,¶P�YHU\�KDSS\�WKDW�,�Zork at Nowzad and proud of being a veterinarian.

Page 9

NOWZAD

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020

Dr Farzad ± Assistant Veterinarian at Nowzad

I am Farzad Stanikais and am 25 years old. I am from logar province but know from Kabul. I have one sister and six brothers. I am the youngest. I graduated from the Veterinary faculty of Heart Province . I like playing football and cricket. One of the greatest benefits of working at Nowzad is that I have the chance to promote the health and welfare of animals in Afghanistan. Through Nowzad I am able to relieve the suffering of animals that have experienced traumatic injuries or chronic illnesses. Even routine spay and neuter surgeries help the animals in our community by reducing pet overpopulation which results to reduce rabies incidence and other zoonosis diseases. In this case, Nowzad is the only NGO in Afghanistan that

really cares for animal and animal welfare to help both animals and humans, and I feel really proud that I am a member of the Nowzad family.

C. Nowzad Afghan Women Artisans For Animals

In many traditional families in Afghanistan it is still unacceptable for women to work. So often, when a man dies, is incapacitated, or is unable to work for any reason, the women are forced on to the streets to beg. Kabul roadsides are scattered with these desperate women with no other choice but to plead for money from kind-hearted strangers to enable them to feed their family. Nowzad currently works to change WKDW�ZLWK�RXU�VFKHPH�FDOOHG�µ$IJKDQ�:RPHQ� Artisans for AnLPDOV¶� $:$)$ �� 7KLV� initiative has enabled Nowzad to employ up to five women in a safe and enjoyable

environment. Within that environment, they produce beautiful and bespoke handicrafts that are sold in Afghanistan, the UK and via the Nowzad shop, all over the world. The women we employ receive a fair wage and any profit made on these products go towards the Nowzad shelter and Clinic in Afghanistan.

Page 10

NOWZAD

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020

D. Adoptions

we continue to see western contractors, soldiers and Afghan nationals rescuing stray and injured cat and dogs from the harsh streets of Kabul. Whilst our main priority is to attempt to re-home dogs and cats from our shelter in Kabul with caring homes in Afghanistan, we also have many dogs and cats that, after being looked after by a westerner working or serving in Afghanistan, we feel that a forever home in the west would be the best long term solution. It can be a long road of trial and error and careful supervision is always necessary. Overcoming the $IJKDQ�DQLPDO¶V�YHU\�WHUULWRULDO�QDWXUH�FDQ�KDYH�LWV� moments. We have fully come to appreciate that

adopting an Afghan animal is not for everybody as it requires a life time of commitment. Before any of our dogs or cats leave Afghanistan they are vaccinated, spayed/neutered by our highly experienced team of Afghan national veterinarians at our clinic in Kabul. The team at Nowzad feel it is very important to ensure that the family and home situation that the animal is going to spend the rest of their life is the most appropriate place. To do this the team have a very strict and orderly process of adoption and after care support.

E. Social Media

Social media now plays a very important role in reaching out to our current and potentially new supporters. It is vital that throughout the year we have been able to enhance our social media presence particularly thorough the use of Facebook where we have regular awareness up-dates. Each week we have several focused posts: Happy Mondays, Adopt a Pal Wednesdays and Paws on board Fridays. Each post has a different story to tell. We also use Twitter and Instagram to reach differing audiences. In addition we publish our newsletter in an electronic version too. All the social media activity and e-newsletter have clearly had a positive impact on our fund raising and awareness.

F. Celebrity Support

It is well know that many celebrities either publicly or privately raise funds for their favourite charities. Nowzad is without exception and a number of very kind hearted celebrities have donated their time, money and energy in supporting Nowzad. They have donated fees from events, raised awareness of Nowzad in the public media and attended Nowzad functions.

LOOKING FORWARD - GOALS FOR NEXT YEAR

Looking forward to 20/21 we are pleased to see that the focus is still very much on Animal Welfare, Public health, Education, and Soldier rescues. We do acknowledge that the Covid-19 pandemic will have a significant effect on both our income and activities. For this reason, in negotiation with our CEO and Director it has been agreed that Nowzad will continue to up-hold its high level of animal care and welfare but to limit the number of new projects until we can see the outcome of the political and health consequences of the pandemic. To this end, the board of trustees continue to be very proud of the work, commitment, deamination and strength of the Nowzad staff, both those in the UK and in Kabul who at times work under severe threats of danger.

As we enter a new financial year we recognise that the economic climate is ever changing and we are planning to adapt our fundraising strategy to endeavour to increase our funding. With still no access to

Page 11

NOWZAD

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020

government funding either by the UK or Afghanistan governments for our services, we are 100% reliant on fundraisers and grant applications. This continues by applying for grants and the support of fundraisers.

FINANCIAL REVIEW

During the year ended 31st March 2020 the total income to the charity was £957,557 with £84,770 from grants from charitable bodies.

We spent, in the course of our charitable activities, £754,091 throughout the financial year. The main expenditure, £227,585 ZDV�IRU�WKH�DFWXDO�DQLPDO�WUDQVSRUWDWLRQ�FRVWV�IRU�VROGLHU¶V companion animals. Sadly, travelling as cargo is extremely expensive and Nowzad still has not successfully negotiated any discounted flight deal with airlines that operate animal friendly flights.

RESERVES POLICY

The Nowzad board of trustees would ideally like to be able to hold six months of unrestricted funds for expenditure in relation to charitable activities in Afghanistan. However, due to the constant requirement for expenditure our unrestricted reserves at the year-end were £381,549.

INVESTMENT POLICY

The Nowzad board of trustees at this time has no plans for an investment policy to be put in place as we do not hold funds for investment purposes.

ADMINISTRATION DETAILS

Nowzad - The Meriel Suite Hartnoll Farm Business Centre Post Hill Tiverton Devon EX16 4NG United Kingdom

TRUSTEES RESPONSIBILITIES FOR THE FINANCIAL STATEMENT

The Trustees are responsible for preparing the Trustees Report and the financial statements in accordance with the applicable law and United Kingdom accounting standards. The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give an accurate view of the accounts in regard to income and expenditure. The trustees in preparing these accounts for the year ending 31st March 2020 have applied the following:

Page 12

NOWZAD

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020

The accounts are open to all scrutiny and we welcome questions from our donors on the activities of the charity funded by their generous donations.

Approved by the Trustees and signed on their behalf by

David Hill

And signed on original copy held at Nowzad office UK

Page 13

NOWZAD

(CONTINUED)

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The Trustees 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).

The law applicable to charities in England & Wales 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 Group and the charity and of their incoming resources and application of resources, including their income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Group and the charity's transactions and disclose with reasonable accuracy at any time the financial position of the Group and the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Group and the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 14

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2020

NOWZAD

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NOWZAD ('the Group')

I report to the charity Trustees on my examination of the consolidated accounts of the Group comprising the Nowzad ('the parent charity') and its subsidiary undertakings for the year ended 31 March 2020.

RESPONSIBILITIES AND BASIS OF REPORT

As the Trustees of the parent charity you are responsible for the preparation of the consolidated accounts of the Group in accordance with the requirements of the Charities Act 2011 ('the 2011 Act') and you have chosen to prepare consolidated accounts for the Group. You are satisfied that the accounts of both parent charity and the Group are not required by charity law to be audited and have chosen instead to have an independent examination.

I report in respect of my examination of the consolidated accounts carried out under section 152 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 152(5)(b) of the 2011 Act.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no option as to whether the consolidated accounts present a 'true and fair' view and my report is limited to those specific matters set out in the independent examiner's statement.

Page 15

NOWZAD

INDEPENDENT AUDITORS' REPORT TO THE OF NOWZAD (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2020

INDEPENDENT EXAMINER'S STATEMENT

Since the Trustees have opted to prepare consolidated accounts for the Group your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institue of Chartered Accountants in England and Wales, which is one of the listed bodies.

Your attention is drawn to the fact that the Group has prepared the accounts in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

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:

  1. accounting records with respect to the parent charity were not kept as required by section 130 of the 2011 Act and with respect to its subsidiaries as required by section 386 of the Companies Act 2006; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.

  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 to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)].

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 accounts to be reached.

This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the parent charity and the charity's Trustees as a body, for my work or for this report.

Signed: Dated: 28 January 2021 R E T Borton FCA DChA

Stratus House, Emperor Way, Exeter Business Park, Exeter, Devon EX1 3QS

Page 16

NOWZAD

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2020

Note
Income from:
Donations and legacies
3
Other trading activities
4
Investments
5
Total income
Expenditure on:
Raising funds
6
Charitable activities
7
Total expenditure
Net income before taxation
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
2020
£
908,106
43,193
6,621
957,920
26,283
727,808
754,091
203,829
203,829
177,720
203,829
381,549		 Total
funds
2020
£
908,106
43,193
6,621
957,920
26,283
727,808
754,091
203,829
203,829
177,720
203,829
381,549		 Total
funds
2019
£
625,260
37,760
-
663,020
17,731
648,624
666,355
(3,335)
(3,335)
181,055
(3,335)
177,720

The Consolidated statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 20 to 33 form part of these financial statements.

Page 17

NOWZAD

CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2020

Note
Current assets
Stocks
13
Debtors
14
Cash at bank and in hand
Creditors: amounts falling due within one
year
15
Net current assets
Total assets less current liabilities
Net assets excluding pension asset
Total net assets
Charity funds
Unrestricted funds
16
Total funds		 19,639
14,292
356,928
390,859
(9,310)		 2020
£
381,549
381,549
381,549
381,549
381,549
381,549		 20,767
12,659
153,351
186,777
(9,057)		 2019
£
177,720
177,720
177,720
177,720
177,720
177,720

The financial statements were approved and authorised for issue by the Trustees on 28 January 2021 and signed on their behalf by:

D Hill

Trustee

The notes on pages 20 to 33 form part of these financial statements.

Page 18

NOWZAD

CHARITY STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31 MARCH 2020

Note
Fixed assets
Investments
Current assets
Debtors
14
Cash at bank and in hand
Creditors: amounts falling due within one
year
15
Net current assets
Total assets less current liabilities
Net assets excluding pension asset
Total net assets
Charity funds
Unrestricted funds
16
Total funds		 38,434
332,516
370,950
(9,310)		 2020
£
100
100
361,640
361,740
361,740
361,740
361,740
361,740		 38,495
137,835
176,330
(9,057)		 2019
£
100
100
167,273
167,373
167,373
167,373
167,373
167,373

The financial statements were approved and authorised for issue by the Trustees on 28 January 2021 and signed on their behalf by:

D Hill

Trustee

The notes on pages 20 to 33 form part of these financial statements.

Page 19

NOWZAD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

1. General information

Nowzad Dogs is a charity governed by constitution. The charity's registered number is 119185 and the registered address is Meriel Suite, Hartnoll Farm, Post Hill, Tiverton, Devon EX16 4NG.

2. Accounting policies

2.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Nowzad meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The Consolidated statement of financial activities (SOFA) and Consolidated balance sheet consolidate the financial statements of the charity and its subsidiary undertaking. The results of the subsidiary are consolidated on a line by line basis.

Page 20

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

NOWZAD

2. Accounting policies (continued)

2.2 INCOME

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the charity, can be reliably measured.

Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

Page 21

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

NOWZAD

2. Accounting policies (continued)

2.3 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 allocated on the portion of the asset’s use.

Expenditure on raising funds includes all expenditure incurred by the Group to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Group's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.4 INTEREST RECEIVABLE

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Group; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.5 FOREIGN CURRENCIES

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the reporting date.

Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.

Exchange gains and losses are recognised in the Consolidated statement of financial activities.

2.6 TANGIBLE FIXED ASSETS AND DEPRECIATION

Tangible fixed assets costing £1000 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following basis:

Page 22

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

NOWZAD

2. Accounting policies (continued)

2.7 INVESTMENTS

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Consolidated statement of financial activities.

Investments in subsidiaries are valued at cost less provision for impairment.

2.8 STOCKS

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.9 DEBTORS

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.10 CASH AT BANK AND IN HAND

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.11 LIABILITIES AND PROVISIONS

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Consolidated statement of financial activities as a finance cost.

2.12 FINANCIAL INSTRUMENTS

The Group only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.13 PENSIONS

The Group operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Group to the fund in respect of the year.

Page 23

NOWZAD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

2. Accounting policies (continued)

2.14 FUND ACCOUNTING

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Group and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Group for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

3. Income from donations and legacies

Unrestricted
funds
2020
£
Donations
714,905
Legacies
108,431
Grants
84,770
Total 2020
908,106
Total 2019
613,660		 Restricted
funds
2020
£
-
-
-
-
11,600		 Total
funds
2020
£
714,905
108,431
84,770
908,106
625,260		 Total
funds
2019
£
503,426
21,578
100,256
625,260

4. Income from other trading activities

Income from non charitable trading activities

Unrestricted
funds
2020
£
Shop
43,193
Total 2019
37,760		 Total
funds
2020
£
43,193
37,760		 Total
funds
2019
£
37,760

Page 24

NOWZAD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

5. Investment income
Unrestricted Total Total
funds funds funds
2020 2020 2019
£ £ £
Interest receivable 6,621 6,621 -

6. Expenditure on raising funds COSTS OF RAISING VOLUNTARY INCOME

Unrestricted
funds
2020
£
Costs of raising voluntary income
907
Total 2019
562
Other trading expenses
Unrestricted
funds
2020
£
Trading expenses cost of sales
2,040
Trading expenses administration
7,655
Cost of sales
15,681
Total 2020
25,376
Total 2019
17,169		 Total
funds
2020
£
907
562
Total
funds
2020
£
2,040
7,655
15,681
25,376
17,169		 Total
funds
2019
£
562
Total
funds
2019
£
176
6,936
10,057
17,169

Page 25

NOWZAD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

7. Analysis of expenditure on charitable activities

Summary by fund type

Unrestricted
funds
2020
£
Provision of sanctuary and welfare
727,808
Total 2019
637,024
8.
Analysis of expenditure by activities
Activities
undertaken
directly
2020
£
Provision of sanctuary and welfare
653,980
Total 2019
574,978
Analysis of direct costs
Staff costs
Rescue centre costs
Events costs
Veterinary and care
Sundry expenses
Total 2020
Total 2019		 Restricted
funds
2020
£
-
11,600
Support
costs
2020
£
73,828
73,646
Provision of
sanctuary
2020
£
78,745
316,202
1,365
257,634
34
653,980
574,978		 Total
funds
2020
£
727,808
648,624
Total
funds
2020
£
727,808
648,624
Total
funds
2020
£
78,745
316,202
1,365
257,634
34
653,980
574,978		 Total
funds
2019
£
648,624
Total
funds
2019
£
648,624
Total
funds
2019
£
74,303
291,141
60
209,444
30
574,978

Page 26

NOWZAD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

8. Analysis of expenditure by activities (continued)

Analysis of support costs

Provision of
sanctuary
2020
£
Staff costs
1,626
Equipment
329
Rent and rates
9,656
Premises insurance
9,444
Postage, printing and stationery
3,538
Telephone communication
5,376
IT expenses
5,112
Advertising
2,346
Sundry expenses
-
Travel and subsistence
26,254
Bank charges
489
Governance costs
9,658
Total 2020
73,828
Total 2019
73,646
9.
Independent examiner's remuneration
Fees payable to the charity's independent examiner for the independent
examination of the charity's annual accounts
Tax services		 Total
funds
2020
£
1,626
329
9,656
9,444
3,538
5,376
5,112
2,346
-
26,254
489
9,658
73,828
73,646
2020
£
3,875
400		 Total
funds
2019
£
1,030
104
8,970
4,695
6,308
3,833
3,189
3,934
280
31,230
730
9,343
73,646
2019
£
3,750
315

Page 27

NOWZAD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

10. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension
schemes
Overseas staff cost		 Group
2020
£
73,626
5,119
1,626
114,126
194,497		 Group
2019
£
67,991
6,312
1,030
134,949
210,282		 Charity
2020
£
73,626
5,119
1,626
114,126
194,497		 Charity
2019
£
67,991
6,312
1,030
134,949
210,282

The average number of persons employed by the charity, in the UK, during the year was as follows:

Group Group
2020 2019
No. No.
3 3

No employee received remuneration amounting to more than £60,000 in either year.

11. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2019 - £NIL).

During the year ended 31 March 2020, no Trustee expenses have been incurred (2019 - £NIL).

Page 28

NOWZAD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

12.
Tangible fixed assets
Group and Charity
Cost or valuation
At 1 April 2019
At 31 March 2020
Depreciation
At 1 April 2019
At 31 March 2020
Net book value
At 31 March 2020
At 31 March 2019
13.
Stocks
Finished goods and goods for resale
14.
Debtors
Due within one year
Amounts owed by group undertakings
Other debtors
Prepayments and accrued income		 Group
2020
£
-
100
14,192
14,292		 Group
2019
£
-
-
12,659
12,659		 Group
2020
£
19,639
Charity
2020
£
24,242
-
14,192
38,434		 Office
equipment
£
3,406
3,406
3,406
3,406
-
-
Group
2019
£
20,767
Charity
2019
£
25,836
-
12,659
38,495

Page 29

NOWZAD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

15. Creditors: Amounts falling due within one year

Other creditors
Accruals and deferred income
16.
Statement of funds
Statement of funds - current year
Unrestricted funds
Unrestricted funds
Statement of funds - prior year
Unrestricted funds
Unrestricted funds
Restricted funds
TNVR
Medical Equipment
Donkey Stables
Total of funds		 Group
2020
£
5,430
3,880
9,310
Balance at 1
April 2019
£
177,720
Balance at
1 April 2018
£
181,055
-
-
-
-
181,055		 Group
2019
£
5,307
3,750
9,057
Income
£
957,920
Income
£
651,420
3,000
1,500
7,100
11,600
663,020		 Charity
2020
£
5,430
3,880
9,310
Expenditure
£
(754,091)
Expenditure
£
(654,755)
(3,000)
(1,500)
(7,100)
(11,600)
(666,355)		 Charity
2019
£
5,307
3,750
9,057
Balance at
31 March
2020
£
381,549
Balance at
31 March
2019
£
177,720
-
-
-
-
177,720

Page 30

NOWZAD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

17. Analysis of net assets between funds

Analysis of net assets between funds - current period

Unrestricted
funds
2020
£
Current assets
390,859
Creditors due within one year
(9,310)
Total
381,549
Analysis of net assets between funds - prior period
Unrestricted
funds
2019
£
Current assets
186,777
Creditors due within one year
(9,057)
Total
177,720		 Total
funds
2020
£
390,859
(9,310)
381,549
Total
funds
2019
£
186,777
(9,057)
177,720

18. Reconciliation of net movement in funds to net cash flow from operating activities

Net income/expenditure for the period (as per Statement of Financial
Activities)
Adjustments for:
Dividends, interests and rents from investments
Decrease/(increase) in stocks
Decrease/(increase) in debtors
Increase in creditors
Net cash provided by/(used in) operating activities		 Group
2020
£
203,829
(6,621)
1,128
(1,633)
253
196,956		 Group
2019
£
(3,335)
-
(4,633)
705
1,923
(5,340)

Page 31

NOWZAD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

19. Analysis of cash and cash equivalents

Cash in hand
Total cash and cash equivalents		 Group
2020
£
356,928
356,928		 Group
2019
£
153,351
153,351

20. Analysis of changes in net funds

Cash at bank and in hand At 1 April
2019
£
153,351
153,351		 Cash flows
£
203,577
203,577		 At 31 March
2020
£
356,928
356,928

21. Pension commitments

The charity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £1,626 (2019: £1,030). Contributions totalling £Nil (2019: £Nil) were payable to the fund at the balance sheet date and are included in creditors.

22. Related party transactions

The key management personnel of the charity comprise the Trustees (who do not received remuneration for their role as Trustee) and the Chief Executive. The cost of employment to the charity was £38,612 (2019: £38,200), including employer's pension and NI.

The Chief Executive's partner is also employed by the charity and received remuneration. Her gross salary was £31,500 (2019: £28,500) and employer's pension contributions were £1,015 (2019: £539).

23. Principal subsidiaries

The following was a subsidiary undertaking of the charity:

Name Company Class of Holding Included in
number shares consolidation
The Nowzad Store Ltd 09758477 Ordinary 100% Yes

The financial results of the subsidiary for the year were:

Page 32

NOWZAD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

23. Principal subsidiaries (continued)
Name Income Expenditure Profit/(Loss) Net assets
£ £ for the year £
£
The Nowzad Store Ltd 43,193 (23,384) 19,809 19,909

Expenditure is made up of £15,622 cost of sales and £7,762 of administrative expense.

Page 33