Charity number: 1127707
Company number: 06361356
(England and Wales)
Animal Rescue Foundation Limited
Report of the Trustees and Unaudited Financial Statements
For the year ended 30 September 2020
Animal Rescue Foundation Limited Contents Page For the year ended 30 September 2020
| Report of the Trustees | 1 to 3 |
|---|---|
| Independent Examiner's Report to the Trustees | 4 |
| Statement of Financial Activities | 5 |
| Statement of Financial Position | 6 |
| Notes to the Financial Statements | 7 to 10 |
| Detailed Statement of Financial Activities | 11 |
Animal Rescue Foundation Limited Report of the Trustees
For the year ended 30 September 2020
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 30 September 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objectives of the charity are to promote humane behaviour towards animals and relieve the suffering of animals in need of care and attention by supporting localised animal rescue centres, shelters and re-housing projects.
The main activities consist of generating funds to assist small animal charities throughout the UK. Support is given with their fundraising, administration and capital projects, thus allowing the chartities to concentrate on looking after the animals. Animal Rescue Foundation will only support charities with an ethical policy regarding care and re-homing. Their aim is to spend as little as possible on administration and to give a maximum amount to deserving animal charities.
The Trustees have had regard to Charity Commission guidance on public benefit and believe their main activities described above are for the purposes of public benefit.
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
ACHIEVEMENTS AND PERFORMANCE
The charity has deliberately refrained, from its inception, in rescuing and adopting out stray animals which would require facilities and infra structure, as there are more than enough charities and shelters that already do this.
As in recent years we have run a very successful mailing programme which has resulted in an increase in donations received by the charity.
It is hoped the fundraising continues in the year ending 30th September 2021 so that the charity can help more charities over the coming year.
We are currently looking into other ways of increasing our database of supporters and donors. We also intend to start an auction service in partnership with a local auction house which will hopefully raise more funds.
We have recieved a significant number of extra applications predominantly from other charities for donations which after due diligence being carried out we were very happy to be able to assist.
It is the charity's intention to allocate 70% of our total income in the form of grants being made, applications will either be invited or directly applied for by the prospective grant seeker.
We have now established a web presence: www.animalrescue.foundation.co.uk. Work is still ongoing and it will reflect the charity's aims and objectives and the progress of various projects. The site will also feature a range of good practice and resources available, etc.
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Animal Rescue Foundation Limited Report of the Trustees Continued
For the year ended 30 September 2020
FINANCIAL REVIEW
The end of the year saw net outgoing resources for the year of £21,768 (2019 net incoming £15,312). Total and unrestricted reserves at 30th September 2020 stand at £224,081. £105,468 of grants have been issued to small animal charities during the year.
Animal Rescue Foundation registered with the Information Commissionaires, Fundraising Preference Service and the Royal Mail to enable the project to commence. We have used, as required, a local reputable design agency. the results are that, after ten mailings (to date in 2020) we have had a higher success rate than achieved before and a real increase in donor retention.
We continue to retain a high degree of liquidity for various reasons. Although the last fundraising company was paid in full, we still hold £35,000 in reserve should any further matters arise, as the liquidators report is not yet available.We also retain a reserve to cover approximately nine months of running costs.
Risk Management
Any risks to which the charity is exposed are identified by the Trustees and are reviewed accordingly. If applicable, systems are established to mitigate those risks.
Whilst managing our own database has been a success, other challenges need to be dealt with. these are to maintain and increase our supporter base of donors, and to deal with GDPR framework that came into force in May 2018.
The ramifications of GDPR are still unclear but will probably impinge on our traditional ability to attract new supporters and donors. Database 'cleaning' is now a requirement of GDPR. This has resulted in a monthly charge of £2,500.00.
Reserves Policy
The trustees have developed a reserves policy to protect the ongoing aims of the charity. The policy agreed by the trustees is to aim for a reserve as follows:
Fixed Cost for the next 12 months £17,500 Allocation for management costs £35,000 Grants allocated £60,000 Awareness and Fundraising cost for next 12 months £90,000 Target for total reserve funds £202,500
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The organisation is a charitable company limited by guarantee, incorporated on 21st May 2008 and registered as a charity on 26th January 2009.
The company was established under a Memorandum of Association which established the objectives and powers of the charitable company and is governed under its Articles of Association.
As set out in the Articles the directors/trustees are appointed by ordinary resolution.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity Animal Rescue Foundation Limited Charity registration number 1127707 Company registration number 06361356 Principal address Queach Cottage Leys Hill, Walford Ross-on-Wye Herefordshire HR9 5QU
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Animal Rescue Foundation Limited Report of the Trustees Continued For the year ended 30 September 2020
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Secretary
Independent examiners
Mr R Weeks (Deceased: 27 March 2021) Mrs ST Drummond (Resigned: 01 May 2021) Mr P K Houlden Jennifer Wolstenholme (Appointed: 01 May 2021) Leslie Wolstenholme (Appointed: 01 May 2021) Mr P K Houlden Cole & Co 4 The Sheepcote, Monks Orchard Lumber Lane Lugwardine Hereford HR1 4AG
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 14 May 2021 Mr P K Houlden
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Animal Rescue Foundation Limited
Independent Examiners Report to the Trustees
For the year ended 30 September 2020
I report to the trustees on my examination of the accounts of the charitable company for the year ended 30 September 2020.
Responsibilities and basis of report
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiners statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 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 requirements of section 396 of the 2006 Act 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Cole & Co 4 The Sheepcote, Monks Orchard Lumber Lane Lugwardine Hereford HR1 4AG
07 May 2021
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Animal Rescue Foundation Limited
Statement of Financial Activities (including Income and Expenditure Account) For the year ended 30 September 2020
| Notes Income and endowments from: Donations and legacies 2 Total Expenditure on: Raising funds 3/4 Total Net income/expenditure Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 184,339 184,339 (206,106) (206,106) (21,767) 245,849 224,082 |
2019 £ 107,204 |
|---|---|---|
| 107,204 | ||
| (91,892) | ||
| (91,892) | ||
| 15,312 230,537 |
||
| 245,849 |
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Registered Number : 06361356
Animal Rescue Foundation Limited Statement of Financial Position
As at 30 September 2020
| Notes | 2020 | 2019 | |
|---|---|---|---|
| £ | £ | ||
| Fixed assets | |||
| Tangible assets | 9 | 1,492 | 1,662 |
| 1,492 | 1,662 | ||
| Current assets | |||
| Debtors | 10 | - | 175 |
| Cash at bank and in hand | 227,164 | 255,624 | |
| 227,164 | 255,799 | ||
| Creditors: amounts falling due within one year | 11 | (4,574) | (11,612) |
| Net current assets | 222,590 | 244,187 | |
| Total assets less current liabilities | 224,082 | 245,849 | |
| Net assets | 224,082 | 245,849 | |
| The funds of the charity | |||
| Unrestricted income funds | 12 | 224,082 | 245,849 |
| Total funds | 224,082 | 245,849 |
For the year ended 30 September 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance
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with section 476,
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The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting
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records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Mr P K Houlden Trustee
14 May 2021
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Animal Rescue Foundation Limited Notes to the Financial Statements
For the year ended 30 September 2020
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
Animal Rescue Foundation Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
2. Income from donations and legacies
| Unrestricted funds Donations received xpenditure on generating donations and legacies Unrestricted funds Donations Support costs xpenditure on other trading activities Unrestricted funds Fundraising events |
2020 £ 184,339 184,339 2020 £ 105,468 42,771 148,239 2020 £ 57,867 57,867 |
2019 £ 107,204 |
|---|---|---|
| 107,204 | ||
| 2019 £ 17,275 33,877 |
||
| 51,152 | ||
| 2019 £ 40,740 |
||
| 40,740 |
3. Expenditure on generating donations and legacies
4. Expenditure on other trading activities
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Animal Rescue Foundation Limited Notes to the Financial Statements Continued
For the year ended 30 September 2020
5. Analysis of support costs
| Management Governance costs et income/(expenditure) for the year This is stated after charging/(crediting): Depreciation of owned fixed assets Accountancy fees articulars of employees Director Trustees |
2020 £ 27,204 15,567 42,771 2020 £ 170 1,296 2020 1 2 3 |
2019 £ 19,346 14,531 |
|---|---|---|
| 33,877 | ||
| 2019 £ 1,016 1,260 |
||
| 2019 1 2 |
||
| 3 |
6. Net income/(expenditure) for the year
7. Particulars of employees
8. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
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Animal Rescue Foundation Limited Notes to the Financial Statements Continued
For the year ended 30 September 2020
9. Tangible fixed assets
| Cost or valuation At 01 October 2019 At 30 September 2020 Depreciation At 01 October 2019 Charge for year At 30 September 2020 Net book values At 30 September 2020 At 30 September 2019 |
Fixtures and Fittings £ 465 465 419 11 431 34 46 |
Computer equipment £ 6,201 6,201 4,584 159 4,743 1,458 1,617 |
Total £ 6,666 |
|---|---|---|---|
| 6,666 | |||
| 5,003 170 |
|||
| 5,174 | |||
| 1,492 | |||
| 1,662 |
10. Debtors
| Amounts due within one year: Prepayments and accrued income Creditors: amounts falling due within one year Trade creditors Other creditors |
2020 £ - - 2020 £ 1,125 3,449 4,574 |
2019 £ 175 |
|---|---|---|
| 175 | ||
| 2019 £ 7,965 3,647 |
||
| 11,612 |
11. Creditors: amounts falling due within one year
12. Movement in funds
Unrestricted Funds
| Balance at | Incoming | Outgoing | Balance at | |
|---|---|---|---|---|
| 01/10/2019 | resources | resources | 30/09/2020 | |
| £ | £ | £ | £ | |
| General | ||||
| General | 245,849 | 184,339 | (206,106) | 224,082 |
| 245,849 | 184,339 | (206,106) | 224,082 |
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Animal Rescue Foundation Limited Notes to the Financial Statements Continued
For the year ended 30 September 2020
Unrestricted Funds - Previous year
| Unrestricted Funds - Previous year | ||||
|---|---|---|---|---|
| Balance at | Incoming | Outgoing | Balance at | |
| 01/10/2018 | resources | resources | 30/09/2019 | |
| £ | £ | £ | £ | |
| General | ||||
| General | 230,537 | 107,204 | (91,892) | 245,849 |
| 230,537 | 107,204 | (91,892) | 245,849 |
Purpose of unrestricted Funds
General
fundraising on behalf of animal rescue charities
13. Analysis of net assets between funds
| Unrestricted funds General General Previous year Unrestricted funds General General |
Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 1,492 222,590 224,082 |
|---|---|
| 1,492 222,590 224,082 |
|
| Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 1,662 244,187 245,849 |
|
| 1,662 244,187 245,849 |
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Animal Rescue Foundation Limited Detailed Statement of Financial Activities
For the year ended 30 September 2020
| INCOME AND ENDOWMENT Donations and legacies Donations Total incoming resources EXPENDITURE Raising donations and legacies Donations Other trading activities Fundraising events SUPPORT COSTS Management Management Governance costs Governance costs Total resources expended Net Expenditure |
£ 2020 184,339 184,339 184,339 (105,468) (105,468) (57,867) (57,867) (27,204) (27,204) (15,567) (15,567) (206,106) (21,767) |
£ 2019 107,204 |
|---|---|---|
| 107,204 | ||
| 107,204 (17,275) |
||
| (17,275) (40,740) |
||
| (40,740) (19,346) |
||
| (19,346) (14,531) |
||
| (14,531) | ||
| (91,892) | ||
| 15,312 |
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This page does not form part of the statutory financial statements