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||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|





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|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||





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||Unrestricted|Unrestricted|Restricted|TotalUnrestricted|TotalUnrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|Notes||2024<br> <br>e|2024<br>€|2024<br>gs|2023|2023<br>t|2023<br>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<br>lnvestmenls|4<br>5|142,499<br>13,834|-<br>-|142,499<br>13,834|141,008<br>308||141,008<br>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|





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||||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|





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|||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|





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|Freehold landandbuildings|Revalued|
|---|---|
|Plantand equipment|10to15years straightline|
|lnfrastructure|5to'15 years straightline|
|Outdoorfurniture|5to10years straightline|
|Fixtures andfittings|5to10years straightline|



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||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
||funds|funds||funds|funds||
||2024<br>e|2024f|2024<br>€|2023<br>f|2023f|2023<br>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<br>:|1,474,889|:v:":||852,770|





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||Unrestricted Unrestricted|Unrestricted Unrestricted|
|---|---|---|
||funds|funds|
||2024<br>€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<br>€s|2023|
|lncome fromtrading subsidiary|13,834|308|
||:|:|





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||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|



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||Unrestricted Unrestricted|Unrestricted Unrestricted|
|---|---|---|
||funds|funds|
||2024<br>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|





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|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|



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|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|



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|Tangiblefixed assets|||||||||
|---|---|---|---|---|---|---|---|---|
||Freeholdland<br>and buildings<br>€|Plantandlnfrastructure<br>equipmentse|||OutdoorFixturesand<br>furniture<br>fittings<br>s€|||Total<br>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<br>:|2,714|57,481|7,216,004||
|At 31March 2023|6,500,000||20,149|533,957|3,468|64,583|7,122,157||





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|lnvestment property||
|---|---|
||2024|
||€|
|Fairvalue||
|At1April 2023and31 March 2024|2,000,000|
||:|



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||Other<br>investments|
|---|---|
|Gost||
|At1April2023&31March2024|10|
|Carrying amount||
|At 31March 2024|10|
|At 31March 2023|10|



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|Nameofundeftaking|ProfiU(Loss)|Capitaland|
|---|---|---|
|||Reserves|
||€|s|
|HethfeltonHouse Limited|3,367|(e,751)|





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|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|
||||:|





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|Creditors: amountsfallingduewithinoneyear||||
|---|---|---|---|
||Notes|2024t|2023<br>€|
|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|



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|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|



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||AtIApril<br>2023<br>tt[€|lncoming<br> resources|ResourcesAt3lMarch<br> expended<br>2024|ResourcesAt3lMarch<br> expended<br>2024|
|---|---|---|---|---|
|General funds|7,024,182<br>:|1,398,319|(5e5,766)<br>:|7,826,735|
|Previousyear:|AtIApril|lncoming|Resources|At31March|
||2022<br>e|resourcesI|expended<br>e|2023<br>t|
|Generalfunds|6,543,996|1,008,721|l11g)|,,t!"|





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||AtlApril|lncoming|Resources|At31March|
|---|---|---|---|---|
||2023<br>e|resources<br>t|expended<br>t|2024<br>I|
|Animal welfare andrescues|165,469<br>:|=r,t*|(61,002)|345,776|
|Previousyear:|AtIApril|lncoming|Resources|At31March|
||2022<br>t|resources<br>t.|expended<br>t|2023<br>t|
|Animal welfare andrescues|193,608||(28,13e)|165,469|
||||:||



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||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|
|||:||





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||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<br>:|1,ultt|



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|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)|