Registered charity number: 1126665
Southern Lurcher Lifeline report of the trustees and Unaudited Financial Statements For The Year Ended 31 July 2020
Debonair Management Services Ltd
Southern Lurcher Lifeline Directors' Report and Unaudited Financial Statements For The Year Ended 31 July 2020
Contents
| Page | |
|---|---|
| Charity Information | 1 |
| Report of the Trustees | 2 |
| Independent Examiner’s Report | 3 |
| Income and Expenditure Account | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 - 8 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income and Expenditure Account | 9 |
Southern Lurcher Lifeline Charity Information For The Year Ended 31 July 2020
Trustees Ms J Stringer Mr M Symmons Ms F Bussey Charity Number 1126665 Registered Office 4 Larwood Drive Stevenage Hertfordshire SG1 5BZ Independent Examiner Debonair Management Services Ltd 14 St Mary's Gamlingay Sandy Bedfordshire SG19 3ET Bankers HSBC Water Gardens Harlow Essex CM20 1AB
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Southern Lurcher Lifeline Charity No. 1126665 Trustees' Report For The Year Ended 31 July 2020
The trustees present their report with the financial statements of the charity for the year ended 31 July 2020. The trustees have adopted the provisions of 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 2015).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Charity previously operated as Southern Lurcher Rescue which was a small registered charity re-homing Lurchers given up from home environment or handed into the Rescue. All dogs were fostered in homes and fully assessed. All treatments, i.e. worming, neutering and vaccinations/microchipping were carried out before re-homing. We did not re-home to anyone who works full-time and only re-homed within 200 miles of Harlow, Essex. All prospective adopters were home checked under our strict criteria.
Since May 2018 the charity has operated as Southern Lurcher Lifeline which is a small voluntary organisation operating nationally, supporting sighthounds through sponsorship. We currently have 6 hounds that we support for medical needs and are open to grant applications from vets and owners who have insured their beloved hounds, but have found the medical needs have surpassed the insurance limit. We fundraise to support this cause.
ACHIEVEMENT AND PERFORMANCE
Details of the achievements and performance of the charity are shown in the Chairperson's Report and Administrator's Report which form part of these financial statements.
FINANCIAL REVIEW
Our income for the financial year was £59,843 and our expenditure £20,587 leaving an increase in funds of £39,257 over the year. Our net assets at the end of the year are £108,940 which do not include a Gift Aid tax refund due for the year from HMRC.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. Constitution adopted August 2008. Southern Lurcher Lifeline is a Charitable Trust.
Recruitment and appointment of new trustees
Trustees are appointed or re-appointed annually at the Annual General Meeting.
Organisational structure
All Trustees and volunteers give their time freely and receive no remuneration. Volunteers previously carried out fostering or transport of animals, and home checking of potential homes. Any volunteers were first home checked before they were allowed to help the charity in these ways. Following changes to its objectives, the charity now requires less input from volunteers.
Approved by order of the board of trustees on
and signed on its behalf by:
Date
07/06/2024
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Independent examiner's report to the trustees of Southern Lurcher Lifeline
For The Year Ended 31 July 2020
I report to the charity trustees on my examination of the accounts of the Southern Lurcher Lifeline (the Trust) for the year ended 31 July 2020.
Responsibilities and basis 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 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with theexamination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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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.
I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached .
Debonair Management Services Ltd 14 St Marys Gamlingay Sandy Bedfordshire SG19 3ET
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Southern Lurcher Lifeline Statement of Financial Activities For The Year Ended 31 July 2020
Unrestricted Restricted Total Prior Year funds income funds funds funds
Income
Income and endowments from:
| Donations and Legacies Lottery, Walks and Events Deposit Account Interest Other Total Expenditure Expenditure on: Lottery prizes Grants, donations & sponsor dogs Other Total Net income/(expenditure) before tax for the reporting Reconciliation of funds: Total funds brought forward Total funds carried forward |
56,569 | - | 56,569 | 4,524 |
|---|---|---|---|---|
| 2,630 | - | 2,630 | 2,683 | |
| 108 | - | 108 | 121 | |
| 536 | - | 536 | 86 | |
| 59,843 | - | 59,843 | 7,414 | |
| 1,020 | - | 1,020 | 900 | |
| 15,336 | - | 15,336 | 18,502 | |
| 4,230 | - | 4,230 | 5,056 | |
| 20,587 | - | 20,587 | 24,457 | |
| 39,257 | 39,257 | -17,043 | ||
| 69,684 | 86,727 | |||
| 108,940 | 69,684 |
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Southern Lurcher Lifeline Balance Sheet
As at 31 July 2020
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |||
| FIXED ASSETS | |||||||
| Tangible Assets | 3 | 5,737 | 7,649 | ||||
| 5,737 | 7,649 | ||||||
| CURRENT ASSETS | |||||||
| Debtors | 4 | 0 | 0 | ||||
| Cash at bank and in hand | 5 | 103,203 | 63,397 | ||||
| 103,203 | 63,397 | ||||||
| Creditors: Amounts Falling | |||||||
| Due Within One Year | 6 | 0 | 1,362 | ||||
| NET CURRENT ASSETS (LIABILITIES) | 103,203 | 62,035 | |||||
| TOTAL ASSETS LESS CURRENT | LIABILITIES | 108,940 | 69,684 | ||||
| NET ASSETS | |||||||
| Income and Expenditure Account | 108,940 | 69,684 | |||||
| MEMBERS' FUNDS | 108,940 | 69,684 |
The financial statements were approved by the Board of Trustees on 07/06/2024 and were signed on its behalf by:
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Southern Lurcher Lifeline Notes to the Financial Statements For The Year Ended 31 July 2020
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements of the charity, which is a public benefit entity under FRS 102, 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 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
1.2. Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can measured reliably.
1.3. Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 20% on cost
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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Southern Lurcher Lifeline Notes to the Financial Statements For The Year Ended 31 July 2020
2. Donations and Legacies
| Donations Gift Aid / Income tax recovered ngible Assets Cost As at 1 August 2019 As at 31 July 2020 Depreciation As at 1 August 2019 Provided during the period As at 31 July 2020 Net Book Value As at 31 July 2020 As at 1 August 2019 btors Gift Aid Tax Due sh at bank and in hand Current Account Deposit Paypal Petty Cash |
2020 2019 £ £ 56,569 4,524 0 0 |
2020 2019 £ £ 56,569 4,524 0 0 |
|---|---|---|
| 56,569 4,524 |
||
| Equipment £ 15,665 15,665 8,016 1,912 9,928 5,737 7,649 2020 2019 £ £ 0 0 |
Equipment £ 15,665 |
|
| 15,665 | ||
| 8,016 1,912 |
||
| 9,928 | ||
| 5,737 | ||
| 7,649 | ||
| 0 0 |
||
| 2020 2019 £ £ 1,448 873 101,627 62,019 29 405 99 99 |
||
| 103,203 63,397 |
3. Tangible Assets
4. Debtors
5. Cash at bank and in hand
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Southern Lurcher Lifeline Notes to the Financial Statements For The Year Ended 31 July 2020
6. Creditors: Amounts Falling Due Within One Year
| editors: Amounts Falling Due Within One Year | |
|---|---|
| Accruals and deferred income Loans from supporters |
2020 2019 £ £ - 264 0 1,098 |
| 0 1,362 |
7. Related Party Disclosures
There was a loan from Rebekah McGrane carried forward from 2019 of £98, which has been repaid.
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Southern Lurcher Lifeline Detailed Statement of Financial Activities For The Year Ended 31 July 2020
| INCOME Gifts and Donations Lottery Income Walks Events Miscellaneous Interest Received Gift Aid Tax Refund Due Total Incoming Resources EXPENDITURE COST OF CHARITABLE ACTIVITIES Dog Sponsorship Grants and Donations Event Costs Lottery ADMINISTRATION COSTS Vehicle running costs Computer software costs Insurance Printing, postage and stationery Office Expenses Website costs Accountancy fees Depreciation of equipment Sundry expenses |
2020 £ £ £ £ 56,569 4,524 1,575 1,645 321 566 734 472 536 86 108 121 0 0 59,843 7,414 2,943 2,871 12,393 15,631 171 1,020 900 16,356 19,573 315 602 75 180 174 889 42 134 1,281 235 272 322 - 264 1,912 1,912 159 346 4,229 4,885 20,586 24,457 39,258 -17,043 2019 |
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Chairperson’s Report for the year ending 31 July 2020
This financial year started very sadly with the death in September 2019 of our founder, Jenny Symmons, from cancer. Her illness during the previous year put a hold on most of our fundraising activities, though we were of course able to continue to support our Lifetime Sponsor dogs and to award grants.
In March 2020 Southern Lurcher Lifeline along with the rest of the world was faced with COVID-19, with lockdowns and a further cessation of fundraising events.
We were extremely fortunate to be in receipt of a large bequest in 2020 and this, together with the efforts of our volunteers and fundraisers in previous years, meant that we still finished the year in a healthy financial position.
We supported our Sponsor dogs to a total of £2943.00 during the year.
Grants and donations were made to a total of £12551.00.
With the lockdowns and travel restrictions it was not possible to hold an AGM this year; not all our officials and supporters had access to the technology necessary for ‘virtual’ meetings.
There were a number of personnel changes amongst Trustees and Committee members during the year, with retirements due to ill-health and relocation. We also had to change our accountants twice and this regrettably resulted in delays to our reporting to the Charity Commission.
We would like to thank all our supporters, Trustee and Committee members past and present for their loyalty to Southern Lurcher Lifeline during this extremely difficult year. We look forward to continuing our Mission to help those hounds who need us in the future.
Julie Stringer
Chair of Trustees
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