Island Farm Donkey Sanctuary Report of the Trustees For the year ended 30 April 2022
During the year we continue to provide a service to the public by advising on the care of donkeys to owners who
ask for our help. We continue to offer voluntary work to members of the public and cooperate with local
schools encouraging appropriate volunteer activity.
Plans are in progress to build an Isolation Unit for donkeys to live when they are first admitted to the Sanctuary. This is to give the donkeys time to settle and to contain any infections. Other improvements onsite such as the feed barn area, resurfacing of the car park and a children’s play area are under review.
We have remained solvent inspite of having to cancel some of our main fund raising activities, as can be seen in our financial statements. We have been well supported by our public and by receiving legacies. Our reviews of our Fostering Agreements and the Recruitment and Development of Volunteers continue. Our use of social media has increased and we have continued to publish newsletters during the year.
RESERVES Policy. Our 2-year reserve fund target has been achieved. The Charity is on rented land and needs to make provision for a two-year bridging finance from our own resources to accommodate any unforeseen change in our circumstances. .
Approved by the trustees on 17 January 2023 and signed on their behalf by
Signed
Donna M Eustace Acting Chair
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lJl•Dd Farm Don StatemeTrt of Financial Activities For the ear eDded 30 A rii 2022 Total Total Funds 2021 Futtds 2022 INCOMING RESOURCLS From generated fimds: Voluntary income Trading activities for 8erKratll¥ fi13 InY¢s¢m¢ot Ill¢. bank interest 281377 22.596 281,377 22.596 67.105 1,828 180 From charitable activities TDtl incoming ruourc¢s 70.329 374.374 70J29 374.374 119,507 RESOURCES EXPENDED Cost of generating Clwitable activities Governance Tot1 resourcu expended 211.996 3.479 3.187 218.662 211,996 3,479 177.386 2.051 2.193 181,630 Net In¢Omtn(Outgoin8) R&qottr¢ 155.712 155,712 (62,123) Totsl funds brought fmvard 400,701 400,701 462,824 Balance at 30April 2022 556413 556413 400701
laud F*rm Do B#lallce Sbeet as #t 30 A ri12022 2021 meMr3, Funds Restrithd Fund Unrestricted Fund 556.413 556413 400,701 400701 Ftxed Assets 16,712 22282 Current Aglels Sto¢k 2.554 1.888 538.579 3.895 1.023 376.933 Bank balance and wh in Iw 543.021 381,851 Credltors: Amounts falling due within one ye Net eurrent assets 539.701 378.419 556.413 400,701 11)e charitsble company is entitled to exemptth from audit under Section 477 of the Act 2006 relatin8 to small companie4 for the year end¢d 30 April 2022, The members have not required the compw to obtsin an audit of its fmancial stateTnents for the year ended 30 April 2022 in a¢wrd SectiOD 476 of the Cwiies Act 2. The dtytctors acknowledge their reswibilitKs f(ff ¢(xnptymg with th¢ requlrnnts of the A¢t wth respect to coUntIng records and the preparntiofft of accounts. These accounts have be¢n prepared tn accordance with the provisions applicable to COMP1 subject to th¢ $mll •i¢s Tegimc and in acwTdance with FRS 102 SORP. These f141 Stst¢mts wert approved and auth for issue by the Boud 17 January 2023 and signed on thetr behalf by D M Eustaee Director
Notes to the Finneial S¢#¢emettts For the y¢¥r to 311 April 2022 ACCOUNTING POLICIES accordan(z with the Financial Rqxjrtsng StsndaTd for Snler Entitses (effethive 2015). aDd follom, Ihe Tecommen(tstions in 'AC¢Jnt1$ Rey)rting by Chanlies. Sthtemeni of expended %ndl included a(thbufable VAT wluch cannot recuvcreiL Depreci8tloB imated fll7 life :. 25•A 2J°A Fi¥lw¢s & Fittings arthl Eqwpm¢Dt Reslrided Fund8 Rv>lriLted fwds are grants and donatiojjs re, for s1C purpo. The bjnds are eXtndable ac¢orthng to th¢ conth'bons laid dowm by ihe iknnws. Unrestricted Futhdj Unresth'¢teA funds ate Il)uations lld other inc•miD¥ reStreeS rec¢ivdbie or peraloj for the (knjeas of ihe Charitsble company Nryihout fiirther wifityj and aTC a11b]e as general funds. As a [cleral clwity tlrch&ritsbl¢o7rt7B9w' I{t5 from kn rale ielief and is TADpbk AJ8ets FiiutureJ• & Mxthinery Fittiny & Equipmettt Tot*1 As al 01.05.21 9D20 20842 29862 IX)20 63PJ) 20842 6770 29862 Net bk v•l•e 41 30.1)4.22 2640 18762 16712
rlotes to the FiAw*i41 Slatemettl¥ for iAi¢ year th 30 Apnl 2022 1527 1793 3320 3.187 COMPANY LIMrrED BY GuAKIrE The liability of the in the ofthe ¢ompxury ba'n8 lisuidaied s¥ limited to one
Island Farm Donkey Sanctuary
Report of the Accountants to the Trustees of Island Farm Donkey Sanctuary
As described on the balance sheet you are responsible for the preparation of the financial statements for the year to 30 April 2022 and you consider that the charitable company is exempt from an audit.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
C R Accountancy Services Orchard Cottage Main Street East Challow Wantage Oxon OX12 9SS
Dated 17 January 2023
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