##
##
##
|Contents|||Page|
|---|---|---|---|
|Legal and Administrative|Information|||
|Report ofthe Board ofManagement|||2-7|
|Independent
Accountants'|Report|||
|Statement ofFinancial Activities||||
|Balance Sheet|||10|
|Notes forming
part ofthe|Financial|Statements|11 - 15|
##
##
##
|Charity Name|Charity Name||||The Freedom ofSpirit Trust for Border|The Freedom ofSpirit Trust for Border|The Freedom ofSpirit Trust for Border|
|---|---|---|---|---|---|---|---|
||||||Collies|||
|Charity registration||number|||1121598|||
|Company|registration||number||6294336|||
|Registered|OAice|and|operational|address|Golcar Farm,|||
||||||Spring Lane,|||
||||||Eldwick,|||
||||||Bingley,|||
||||||West Yorkshire.|||
||||||BD163AU|||
|Patron||||||||
|Dame Ellen MacArthur|||DBE|||||
|Board ofManagement||||||||
|Mr David|Maitland||||Chairman
tk Secretary|||
|Mrs Barbara Sykes|||||Chief Executive|||
|Mrs Gill King||||||||
|Mr Peter Tomson||||||||
|Mr Stuart Verity||||||||
|Veterinary
th Welfare Ambassador||||||||
|Mr Peter O'|Hagan|||||||
|Principal|Volunteer|||||||
|Mrs Vicky|Metcalf||||Deputy Manager|||
|Accountants|||||Nuvo Accountancy|Limited, First Floor,||
||||||Sterling House, Outrams||Wharf, Little|
||||||Eaton, Derby, DE21 5EL|||
|Bankers|||||Nat West, 63North|Street, Keighley,||
||||||West Yorkshire, BD213SB|||
|Solicitors|||||LCFLaw,|||
||||||One St.James Business Park|||
||||||New Augustus
Street|||
||||||Bradford|||
||||||BD15LL|||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Expenditure
Account) for t|he year e|nde|d 30' Jun|e 2023|e 2023|
|---|---|---|---|---|---|
||||Total|Funds||
||Notes||2023||2022|
||||||K|
|Incoming resources||||||
|Donations &Legacies|3||161,792||153,995|
|Total income resowces|||161,792||153,995|
|Resources expended||||||
|Costs ofgenerating
funds|||8,646||7,046|
|Charitable
Activities|||135,743||127,462|
|Governance
Costs|||4,087||2,995|
|Total resources expended|4||148&476||137,503|
|Net movement
in funds|||13,316||16,492|
|ReconciTiation offunds||||||
|Total funds brought
forward|||34,455||56,818|
|Transfer to Project Expansion Fund||(|40,086)|(|38,855)|
|Total funds carried forward|||7,685||34,455|
##
|||||Notes||2023|||2022||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||8|||R|
|Fixed Assets|||||||||||
|Tangible fixed assets|||||||||||
|Current
Assets|||||||||||
|Investments||||to||9,530|||10.049||
|Debtors||||||48,673|||8,995||
|Cash at bank|and in||hand|||774,891|||797,340||
|||||||833,094|||816,384||
|Creditors: amounts|||falling||||||||
|due within
one year||||IZ|(|15,802)||(|12,408)||
|Net Current|Assets||||||817,292|||803,976|
|Total assets less current||||liabilities|||817,292|||803,976|
|Net Assets|||||||817,292|||803,976|
|Unrestricted|Fuads||||||||||
|Project Expansion||Fund|||||809,607|||769,521|
|General funds|||||||7,685|||34,455|
|Total funds|||||||817,292|||803,976|
##
|The Freedom ofSpirit Trust for Border Collies|The Freedom ofSpirit Trust for Border Collies||
|---|---|---|
|Notes forming part ofthe Financial Statements for the year ended||30
June 2023|
||Accounting
Policies||
||The principal
accounting policies adopted, judgements
and key sources ofestimation||
||uncertainty
in the preparation
ofthe Financial
Statements
are as follows:||
||Basis ofaccounting||
||The Financial Statements
have been prepared
in accordance with|the Accounting
and|
||Reporting
by Charities: Statement ofRecommended
Practice applicable
in the UK and||
||Republic ofIreland (FRS102)(effective 1stJanuary 2015)- (Charities SORP (FRS102)),||
||the Financial Reporting
Standard
applicable
in the UK and Republic ofIreland (FRS102||
||and the Companies
Act 2006.||
||The Freedom ofSpirit Trust for Border Collies meets the definition ofapublic benefit||
||entity under FRS102.Assets and liabilities
are initially
recognised|at historical cost or|
||transactional
value.||
|b.|Preparation
ofthe accounts on a going concern basis||
||The Trust reported areasonable
surplus forthe year and has transferred
funds to the Project||
||Expansion Fund. The Trustees believe that this does not adversely|affect the Trust and on|
||this basis the charity
is agoing concern.||
||Incoming resources||
||All incoming resources are included
in the Statement ofFinancial|Activities when the|
||charity is entitled to the income and the amount can be quantified|with reasonable
accuracy.|
||The following
specific policies are applied to particular
categories|ofincome,|
||Legacies are included when the charity has been notified ofthe gilt and the amount is||
||reasonably
certain.||
||Grants are recognised when the matching
expenditure
is incurred.||
||Voluntary
income is received by way ofdonations
and gifis and is included
in fufi in the||
||Statement ofFinancial Activities
when received.||
||Donated services and facilities are included
at the value to the char)ty where this can be||
||quantified.
The value ofservices provided
by volunteers
has not been included
in these||
||accoullts.||
||Gift aid is recognised as adebtor in respect ofall appropriate
gifis recognised
in the||
||accounts.||
||Interest on funds held on deposit is included
when receivable
and|the amount can be|
||measured
reliably; this is normally
upon notification ofthe interest|paid or payable by the|
||Bank.||
||Fund accounting||
##
##
##
##
##
##
##
|Donations
and Legacies||||
|---|---|---|---|
|||2023|2022|
|Sale ofGoods||4,412|4,628|
|Legacies||41,626|287|
|Grants||23,056|36,032|
|Other Donations||63,445|101,781|
|Gilt Aid receivable||8,340|9,639|
|Interest Received &Investment|Income|20,913|1,628|
|Total||161,792|153,995|
##
||~e'|n
o|st
~u|m|W||||
|---|---|---|---|---|---|---|---|---|
|||||u||||2022|
||us&||IJQI'u||||2023|Total|
|Costs directly allocated to activities|||||||||
|Dog food|Direct||||3,194||3,194|4,409|
|Veterinary
services|Direct|||16,100|||16,100|17,510|
|Kennels Costs|Direct||||4,409||4,409|4,771|
|Depreciation|Direct|||||||3,666|
|Flyers &Fund Raising|Direct||816||||816|240|
|Goods for Resale|Direct||1,847||||1,847|1,902|
|Transport|Direct||||1,397||1,397|2,723|
|Equipment|Direct||||328||328|17|
|Accountants
Fees|Direct|||||600|600|600|
|Total Direct Costs|||2,663|25,428||600|28,691|35,838|
|Support costs allocated|to activities||||||||
|Salaries|Stafftime||3,768|105,899||1,884|111,551|95,]94|
|Telephone|Usage||151||529|76|756|682|
|Insurance|Usage||375||1,313|188|1,876|1,798|
|Computer
and website|Usage||1,268||1,268|634|3,170|210|
|Secretarial Expenses|Usage||421|1,306||705|2,432|3,781|
|Total Support Costs|||5,983|110,315||3,487|119,785|101,665|
|Total resources expended|||8,646|135,743||4,087|148,476|137,503|
||2022||7,046|127,462||2,995||137,503|
##
##
##
|9|Tangible fixed assets||Kennel|Motor|TotalI|
|---|---|---|---|---|---|
||Cost|||||
||As at 30th June 2022|and 2023||||
||||112,196|11,000|123,196|
||Depreciation|||||
||As at 30th June 2022||112,196|11,000|123,196|
||Charge|||||
||As at 30th June 2023||112,196|11,000|123,196|
||Net book value|||||
||At 30th June 2023|||||
||At 30th June 2022|||||
|10|Investments|||2023|2022|
||M &G Charibond|||4,813|5,063|
||M &G Charifund|||4,717|4,986|
|||||9,530|10,049|
|11|Debtors|||2023|2022|
||Gift Aid|||8,010|8,204|
||Interest Receivable|||2,538|502|
||Legacy|||38,125|289|
|||||48,673|8,995|
|12|Creditors: Amounts|Falling Due with|One Year|2023|2022|
||Accountants'
Fee|||600|600|
||Grants Prepaid||||156|
||Accrued Salary &Holiday Pay|||13,597|9,446|
||Other Creditors &Accruals|||1,605|2,206|
||Total|||15,802|12,408|
##