| Page | |
|---|---|
| Trustees'report | 1-11 |
| lndependent auditor's report | 12-15 |
| Statementoffinancial activities | 16 |
| Balancesheet | 17 |
| Statementof cashflows | 18 |
| Notes to thefinancial statements | 19-32 |
| Trustees | DrAlison CroninMBE | |
|---|---|---|
| Mr BGlazier | ||
| MrJKeeling | ||
| MrJCarroll | (Appointed4April2023) | |
| Charity number | 1126939 | |
| Gompany number | 06695254 | |
| Registeredoffice | Hethfelton House | |
| Hethfelton | ||
| Wareham | ||
| Dorset | ||
| BH2O6HS | ||
| Auditors | Fiander Tovell Limited | |
| StagGatesHouse | ||
| 63/64 The Avenue | ||
| Southampton | ||
| Hampshire | ||
| SO171XS | ||
| Solicitors | LesterAldridgeLLP | |
| RussellHouse | ||
| OxfordRoad | ||
| Bournemouth | ||
| Dorset | ||
| BH8 8EX |
| Unrestricted | Unrestricted | Restricted | TotalUnrestricted | TotalUnrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| Notes | 2024 e |
2024 € |
2024 gs |
2023 | 2023 t |
2023 I |
|
| lncome from: | |||||||
| Donationsandlegacies | 3 | 1,233,580 | 241,3091,474,889 | 852,770 | 852,770 | ||
| Charitableactivities | 8,406 | - | 8,406 | 14,635 | 14,635 | ||
| Othertradingactivities lnvestmenls |
4 5 |
142,499 13,834 |
- - |
142,499 13,834 |
141,008 308 |
141,008 308 |
|
| Total income | 1,398,319241,3091,639,628 | 1,008,721 | 1,008,721 | ||||
| Expenditure on: | |||||||
| Raisingfunds | 7 | 119,406 | 119,406 | 88,073 | 88,073 | ||
| Charitableactivities | 6 | 188,880 | 61,002 | 249,882 | 176,320 | 28,139 | 204,459 |
| Staff costs | 207,703 | 207,703 | 175,924 | 175,924 | |||
| Loan interest | 79,777 | 79,777 | 88,218 | 88,218 | |||
| Totalexpenditure | 595,766 61,002 656,768 528,53528,139556,674 | ||||||
| Netincome and movementin | |||||||
| funds | 802,553 180,307982,860480,186(28,139)452,047 | ||||||
| Reconciliationoffunds: | |||||||
| Fund balances at1April 2023 | 7,024,182165,4697,189,651 | 6,543,996193,608 | 6,737,604 | ||||
| Fund balancesat31March | |||||||
| 2024 | 7,826,735345,7768,172,511 | 7,024,182165,469 | 7,189,651 |
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | e | € | € | s | |
| Fixedassets | |||||
| Tangibleassets | 12 | 7,216,004 | 7,122,157 | ||
| lnvestmentproperty | 13 | 2,000,000 | 2,000,000 | ||
| lnvestments | 14 | 10 | 10 | ||
| 9,216,014 | 9,122,167 | ||||
| Current assets | |||||
| Stocks | 16 | 52,454 | 52,193 | ||
| Debtors | 17 | 103,095 | 71,927 | ||
| Cashatbankandin hand | 1,114,501 | 496,144 | |||
| 1,270,050 | 620,264 | ||||
| Creditors: amountsfallingduewithin | 19 | ||||
| oneyear | (3e6,184) | (361,948) | |||
| Net current assets | 873,866 | 258,316 | |||
| Totalassets less currentliabilities | 10,089,880 | 9,380,483 | |||
| Creditors: amountsfallingdueafter | |||||
| morethanoneyear | 20 | (1,e17,36e) | (2,190,832) | ||
| Netassets | 8,172,511 | 7,189,651 | |||
| Thefunds of thecharity | |||||
| Restrictedfunds | 23 | 345,776 | 165,469 | ||
| Unrestrictedfunds | 5,445,260 | 4,642,707 | |||
| Revaluationreserve | 2,381,475 | 2,381,475 | |||
| 7,826,735 | 7,024,182 | ||||
| 8,172,511 | 7,189,651 |
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | f | s | s | I | |
| Cashflowsfromoperatingactivities | |||||
| Cash generatedfrom operations | 27 | 1,026,528 | 456,212 | ||
| lnvestingactivities | |||||
| Purchase oftangible fixedassets | (154,260) | (5e,610) | |||
| lnvestmentincome received | 13,834 | 308 | |||
| Netcash used in investingactivities | (140,426) | (5e,302) | |||
| Financingactivities | |||||
| Repaymentof bankloans | (267,745) | (259,305) | |||
| Netcash usedinfinancing activities | (267,745) | (25e,305) | |||
| Netincrease in cash and cash equivalents | 618,357 | 137,605 | |||
| Cashand cash equivalents atbeginning ofyear | 496,144 | 358,539 | |||
| Gashand cash equivalentsat end ofyear | 1,114,501 | 496,144 |
| Freehold landandbuildings | Revalued |
|---|---|
| Plantand equipment | 10to15years straightline |
| lnfrastructure | 5to'15 years straightline |
| Outdoorfurniture | 5to10years straightline |
| Fixtures andfittings | 5to10years straightline |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2024 e |
2024f | 2024 € |
2023 f |
2023f | 2023 c |
|
| Donations andgifts | 29,383 | 18,118 | 47,501 | 48,163 | 48,163 | |
| Legaciesreceivable | 1,202,354 | 223,191 | 1,425,545 | 803,757 | 803,757 | |
| Corporatesponsorship | 1,843 | 1,843 | 850 | 850 | ||
| 1,233,580 | 241,309 : |
1,474,889 | :v:": | 852,770 |
| Unrestricted Unrestricted | Unrestricted Unrestricted | |
|---|---|---|
| funds | funds | |
| 2024 €e |
2023 | |
| Rental income | 10,314 | 23,890 |
| Goods sold | 55,356 | 41,981 |
| Fundraising income | 9,412 | 9,427 |
| Other income | 375 | |
| Events income | 7,453 | 8,720 |
| Supporterflatincome | 59,589 | 56,990 |
| Othertradingactivities | 142,499 | 141,008 |
| Unrestricted Unrestricted | Unrestricted Unrestricted | |
|---|---|---|
| funds | funds | |
| 2024 €s |
2023 | |
| lncome fromtrading subsidiary | 13,834 | 308 |
| : | : |
| 2024 | 2023 | |
|---|---|---|
| € | s | |
| Healthandsafety | 10,078 | 7,955 |
| Education | 13,661 | 15,718 |
| Grants | 57,278 | |
| Sundryexpenses | 673 | 666 |
| HethfeltonHouse | 478 | 1,031 |
| Utilities | 38,833 | 40,108 |
| lnsurance | 11,067 | 11,950 |
| Repairs and maintenance | 27,711 | 15,626 |
| Security | 6,041 | 614 |
| 165,820 | 111,598 | |
| Share ofsupportcosts(see note 8) | 84,062 | 92,861 |
| 249,882 | 204,459 | |
| Analysisbyfund | ||
| Unrestrictedfunds | 188,880 | 176,320 |
| Restrictedfunds | 61,002 | 28,139 |
| ,:,t* | 204,459 |
| Unrestricted Unrestricted | Unrestricted Unrestricted | |
|---|---|---|
| funds | funds | |
| 2024 gt |
2023 | |
| Costofraisingfunds | ||
| Costofgoodssold | 36,950 | 19,549 |
| Eventsandfundraising expenditure | 11,348 | 10,686 |
| Flatsandrentalexpenditure | 46,644 | 39,145 |
| Advertising | 5,935 | 3,417 |
| Otherfundraisingcosts | 18,529 | 15,276 |
| 119,406 | 88,073 |
| Support costs | ||
|---|---|---|
| Support | Support | |
| costs | costs | |
| 2024 | 2023 | |
| t | t | |
| Depreciation | 60,4'13 | 61,711 |
| Bank charges | 1,787 | 1,667 |
| Legalandprofessional fees | 11,939 | 22,920 |
| Auditfees | 9,923 | 6,563 |
| :^,r* | itrt | |
| Analysedbetween | ||
| Charitable activities | 84,062 | 92,861 |
| t^,r* | 92,861 |
| Theaverage monthlynumber ofemployees duringthe ye | ar was | |
|---|---|---|
| 2024 | 2023 | |
| Number | Number | |
| Administrationand fundraising | 8 | 7 |
| Employment costs | 2024 | 2023 |
| f | e | |
| Wagesand salaries | 192,665 | 162,995 |
| Socialsecuritycosts | 11,546 | 9,637 |
| Pension costs | 3,493 | 3,292 |
| ,Yt | 175,924 |
| Tangiblefixed assets | ||||||||
|---|---|---|---|---|---|---|---|---|
| Freeholdland and buildings € |
Plantandlnfrastructure equipmentse |
OutdoorFixturesand furniture fittings s€ |
Total e |
|||||
| Gostor valuation | ||||||||
| At1April2023 | 6,500,000 | 37,979 | 684,547 | 32,224 | 235,483 | 7,490,233 | ||
| Additions | 46,501 | 107j33 | 626 | 154,260 | ||||
| At31 March2024 | 6,500,000 | 84,480 | 791,680 | 32,224 | 236,109 | 7,644,493 | ||
| Depreciationand | ||||||||
| impairment | ||||||||
| At1April2023 | 17,830 | 150,590 | 28,756 | 170,900 | 368,076 | |||
| Depreciation chargedinthe | ||||||||
| year | 4,529 | 47,402 | 754 | 7,728 | 60,413 | |||
| At31 March 2024 | 22,359 | 197,992 | 29,s10 | 178,628 | 428,489 | |||
| Carrying amount | ||||||||
| At 31March 2024 | 6,500,000 | : | 62,121 | 593,688 : |
2,714 | 57,481 | 7,216,004 | |
| At 31March 2023 | 6,500,000 | 20,149 | 533,957 | 3,468 | 64,583 | 7,122,157 |
| lnvestment property | |
|---|---|
| 2024 | |
| € | |
| Fairvalue | |
| At1April 2023and31 March 2024 | 2,000,000 |
| : |
| Other investments |
|
|---|---|
| Gost | |
| At1April2023&31March2024 | 10 |
| Carrying amount | |
| At 31March 2024 | 10 |
| At 31March 2023 | 10 |
| Nameofundeftaking | ProfiU(Loss) | Capitaland |
|---|---|---|
| Reserves | ||
| € | s | |
| HethfeltonHouse Limited | 3,367 | (e,751) |
| 16 | Stocks | ||
|---|---|---|---|
| 2024 | 2023 | ||
| t | t | ||
| Finishedgoods andgoodsforresale | 52,454 | 52,193 | |
| : | |||
| 17 | Debtors | ||
| 2024 | 2023 | ||
| Amountsfallingduewithinone year: | f | € | |
| Trade debtors | 5,785 | 6,491 | |
| Amounts owedbysubsidiaryundertakings | 13,241 | ||
| Amounts owedby related parties | 11,899 | 974 | |
| Prepayments and accruedincome | 72,170 | 64,462 | |
| 103,095 | 71,927 | ||
| 18 | Loans and overdrafts | ||
| 2024 | 2023 | ||
| I | 0 | ||
| Bank loans | 2,190,334 | 2,458,079 | |
| Payablewithin one year | 272,965 | 267,247 | |
| Payableafteroneyear | 111f1 | 2,190,832 | |
| Amounts includedabovewhich falldue afterfiveyears | |||
| Payableby instalments | 711,718 | 1,028,854 | |
| : |
| Creditors: amountsfallingduewithinoneyear | |||
|---|---|---|---|
| Notes | 2024t | 2023 € |
|
| Bank loans | {8 | 272,965 | 267,247 |
| Othertaxationandsocialsecurity | 4,929 | 5,276 | |
| Deferred income | 21 | 38,411 | 49,954 |
| Trade creditors | 64,023 | 29,769 | |
| Other creditors | 3,698 | 104 | |
| Accrualsanddeferredincome | 12,158 | 9,598 | |
| 396,184 | 361,948 |
| 20 | Creditors: amountsfallingdueaftermor | ethanoneyear | ||
|---|---|---|---|---|
| 2024 | 2023 | |||
| Notes | t | f | ||
| Bank loans | 18 | 1,917,369 | 2,190,832 | |
| 21 | Deferred income | |||
| 2024 | 2023 | |||
| s | I | |||
| Deferredincome | 38,411 | 49,954 |
| AtIApril 2023 tt[€ |
lncoming resources |
ResourcesAt3lMarch expended 2024 |
ResourcesAt3lMarch expended 2024 |
|
|---|---|---|---|---|
| General funds | 7,024,182 : |
1,398,319 | (5e5,766) : |
7,826,735 |
| Previousyear: | AtIApril | lncoming | Resources | At31March |
| 2022 e |
resourcesI | expended e |
2023 t |
|
| Generalfunds | 6,543,996 | 1,008,721 | l11g) | ,,t!" |
| AtlApril | lncoming | Resources | At31March | |
|---|---|---|---|---|
| 2023 e |
resources t |
expended t |
2024 I |
|
| Animal welfare andrescues | 165,469 : |
=r,t* | (61,002) | 345,776 |
| Previousyear: | AtIApril | lncoming | Resources | At31March |
| 2022 t |
resources t. |
expended t |
2023 t |
|
| Animal welfare andrescues | 193,608 | (28,13e) | 165,469 | |
| : |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | ||
| 2024 | 2024 | 2024 | |
| € | s | € | |
| Fund balancesat31March2024arerepresentedby: | |||
| Tangible assets | 7,216,004 | 7,216,004 | |
| lnvestmentproperties | 2,000,000 | 2,000,000 | |
| lnvestments | 10 | 10 | |
| Currentassets/(liabilities) | 528,090 | 345,776 | 873,866 |
| Longtermliabilities | (1,e17,369) | (1,917,36e) | |
| 7,826,735 | 345,776 | 8,172,511 | |
| : |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | ||
| 2023 | 2023 | 2023 | |
| € | € | € | |
| Fundbalances at31March2023 arerepresentedby: | |||
| Tangibleassets | 7,122,157 | 7,122,157 | |
| lnvestmentproperties | 2,000,000 | 2,000,000 | |
| lnvestments | 10 | 10 | |
| Currentassets/(liabilities) | 92,847 | 165,469 | 258,316 |
| Longterm liabilities | (2,190,832) | g,roorr) | |
| 7,024,182 | 165,469 : |
1,ultt |
| 27 | Cash generatedfromoperations | 2024 | 2023 | |
|---|---|---|---|---|
| € | € | |||
| Surplus for theyear | 982,860452,047 | |||
| Adjustmentsfor: | ||||
| lnvestmentincomerecognisedin statement offinancialactivities | (13,834) | (308) | ||
| (Gain)/loss on disposal oftangiblefixed assets | 3,133 | |||
| Depreciationand impairmentoftangible fixedassets | 60,413 | 58,578 | ||
| Movementsinworkingcapital: | ||||
| (lncrease)/decreaseinstocks | (261) | 4,313 | ||
| (lncrease)in debtors | (31,168) | (23,e20) | ||
| Increase/(decrease)increditors | 40,061 | (27,278) | ||
| (Decrease)indeferred income | (11,543) | (10,353) | ||
| Cash generatedfromoperations | 1,026,528456,212 | |||
| 28 | Analysis of changesinnet(debt)/funds | |||
| At1April2023 | CashtlowsAt31March2024 | |||
| € | tt | |||
| Cash at bankandin hand | 496,144 | 618,3571,114,501 | ||
| Loansfallingduewithin one year | (267,247) | (5,718) | (272,s65) | |
| Loansfallingdueafter more thanoneyear | (2,190,832) | 273,463 | (1,e17,369) | |
| (1,961,935)886,102 | (1,075,833) |