**REGISTERED COMPANY NUMBER: 06361356 (England and Wales) REGISTERED CHARITY NUMBER: 1127707**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **FOR**
## **ANIMAL RESCUE FOUNDATION LIMITED**
**ANIMAL RESCUE FOUNDATION LIMITED**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 4|
|**Independent Examiner's Report**|5|
|**Statement of Financial Activities**|6|
|**Balance Sheet**|7 to 8|
|**Notes to the Financial Statements**|9 to 12|
|**Detailed Statement of Financial Activities**|13|
**ANIMAL RESCUE FOUNDATION LIMITED**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2022**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2022. 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 2019).
The Trustees of Animal Rescue Foundation Ltd present their annual report for financial year ending 30th September 2022, together with the accounts for the year. We confirm that everything complies with all relevant codes of practice and reporting.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
Animal Rescue's primary aim is to support the many small and underfunded animal charities in England Wales Scotland and N. Ireland.
We do not support animal charities importing animals from other countries.
We do not support charities which ( in our opinion ) further political or life style agendas to the detriment of the animals in their care.
We do not support charities that have failed ( for whatever reason) to register with the charities commission and/or have not obtained HMRC acknowledgement for gift aid.
We do however support 'baby' charities with advice and seed payments as a 1 off emergency grant to start the processes required.
In normal circumstances we prefer to help with a project that can be easily identifiable for future audit purposes.
## **Overview of Activities**
This year has been the hardest we have experienced. Covid has resulted in most charity shops closing- some for good - and reductions in volunteers for all the charities we support. Since country-wide inflation now appears to be rampant we feel this is and will put even more pressure on the animal rescue charity segment.
We have helped over 35 charities during this period with emergency grants totalling over £100,000.
Granting money without appraising the charity beforehand is not something we normally do, to this end we have available another £250,000 which we will disperse, after visiting the charities concerned.
## **Educational Awareness**
We look favourably on rescue/rehoming charities that, in part, teach the basics of animal care to a wider audience, especially children.
Page 1
**ANIMAL RESCUE FOUNDATION LIMITED**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **FINANCIAL REVIEW Principal funding sources Total income for the year**
Total income including bequests £196,566
Bequests/gifts £110,829 Donations £85,737
## **Expenditure**
Our administration expenditure has increased this year primarily due to Covid, and the responsibilities of administering emergency grants.
The nominal rent (including electricity) for premises remains the same.
Insurance premiums have increased marginally.
Expenses for admin and handling phone enquiries etc have increased.
We are embarking on a TV ad campaign, Costs so far are £2,000.
## **Grant Making Policy**
The objectives paragraph above sums up our criteria for making grants.
The trustees only approve each application, which is supported by our questionnaire when they are satisfied that it meets this criteria.
## **Funds of the Animal Rescue Foundation Ltd**
We consider it prudent in normal times to keep reserves of 1 years expenditure, at any one time. We do not invest money apart from reserves held in NatWest deposit account.
## **Going concern**
The trustees have taken a robust review of the charity, and consider it to be in financial good health.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Charity constitution**
Animal rescue Foundation Ltd is registered as a charity with the charity commission number 1127707.
The foundation was established in 2007 as a charitable company limited by guarantee. The constitution has remained the same since inception.
The foundation has no trading entities or associated businesses connected to it.
Page 2
**ANIMAL RESCUE FOUNDATION LIMITED**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management**
The trustees and management review risk management every few months.
The main areas of concern are
Prolonged impact of Covid. This means that visiting and auditing our grants to individual charities have been curtailed. In 2023 we will embark ( covid and disasters excepting ) on visiting all the charities we have supported over the past 2 years.
Disaster recovery and cyber security. Our main database is a stand alone device with no connection to external devices. Our ad agency control our web site and they have adequate controls to alleviate any attacks.
Adverse publicity. This relates to unauthorised use of ARF in non registered supposed charities, and other nefarious money grubbing schemes devised by people of limited conscience.
## **Remuneration**
Apart from expenses and time incurred running the charity no person derives financial benefit from the charity.
Safeguarding
We do not work with children or vulnerable adults.
## **Data Protection**
We review all legislation and changes within the GDPR framework. We are registered with the ICO and FPS.
## **Fundraising**
Our main source of funds emanates from direct mail. This is all controlled from our head office. We do not employ professional fundraisers.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
06361356 (England and Wales)
## **Registered Charity number**
1127707
## **Registered office**
Queach Cottage, Leys Hill Walford Ross-on-Wye HR9 5QU
## **Trustees**
P K Houlden Director L Wolstenholme Mrs J Wolstenholme
All the trustees are aware of the Charity Commission publication: "The essential trustee, what you need to know"
The trustees have delegated authority to the founder for day to day management of the organisation.
Page 3
**ANIMAL RESCUE FOUNDATION LIMITED**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Company Secretary**
P K Houlden
## **Independent Examiner**
Cole & Co 4 The Sheepcote Monks Orchard Lumber Lane, Lugwardine Hereford Herefordshire HR1 4AG
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ P K Houlden - Trustee
Page 4
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ANIMAL RESCUE FOUNDATION LIMITED**
## **Independent examiner's report to the trustees of Animal Rescue Foundation Limited ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you 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 as 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 examiner's 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:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting 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
4. 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.
Michael Cole ACCA Cole & Co 4 The Sheepcote Monks Orchard Lumber Lane, Lugwardine Hereford Herefordshire HR1 4AG Date: .............................................
Page 5
**ANIMAL RESCUE FOUNDATION LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2022**
|**2022**
**Unrestricted**
**fund**
**Notes**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
196,567
**EXPENDITURE ON**
Raising funds
66,397
Other
40,392
**Total**
106,789
**NET INCOME**
89,778
**RECONCILIATION OF FUNDS**
Total funds brought forward
492,849
**TOTAL FUNDS CARRIED FORWARD**
582,627|**2021**
**Total**
**funds**
**£**
479,449
173,645
37,037
210,682
268,767
224,082
492,849|
|---|---|
The notes form part of these financial statements
Page 6
**ANIMAL RESCUE FOUNDATION LIMITED**
## **BALANCE SHEET 30 SEPTEMBER 2022**
|**2022**
**Unrestricted**
**fund**
**Notes**
**£**
**FIXED ASSETS**
Tangible assets
5
669
**CURRENT ASSETS**
Debtors
6
17,400
Cash at bank and in hand
566,652
584,052
**CREDITORS**
Amounts falling due within one year
7
(2,094)
**NET CURRENT ASSETS**
581,958
**TOTAL ASSETS LESS CURRENT LIABILITIES**
582,627
**NET ASSETS**
582,627
**FUNDS**
8
Unrestricted funds
582,627
**TOTAL FUNDS**
582,627|**2021**
**Total**
**funds**
**£**
999
-
497,817
497,817
(5,967)
491,850
492,849
492,849
492,849
492,849|
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 7
**ANIMAL RESCUE FOUNDATION LIMITED**
## **BALANCE SHEET - continued 30 SEPTEMBER 2022**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. P K Houlden - Trustee
The notes form part of these financial statements
Page 8
**ANIMAL RESCUE FOUNDATION LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **1. ACCOUNTING POLICIES**
## **BASIS OF PREPARING THE FINANCIAL STATEMENTS**
The financial statements of the charitable company, 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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **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 be measured reliably.
## **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.
|Fixtures and fittings|- 25% on reducing balance|
|---|---|
|Computer equipment|- 33% on cost|
## **TAXATION**
The charity is exempt from corporation 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.
## **2. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
||**2022**|**2021**|
|---|---|---|
||**£**|**£**|
|Depreciation - owned assets|330|493|
continued...
Page 9
**ANIMAL RESCUE FOUNDATION LIMITED**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 30 September 2022 nor for the year ended 30 September 2021.
## **TRUSTEES' EXPENSES**
There were no trustees' expenses paid for the year ended 30 September 2022 nor for the year ended 30 September 2021.
## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**||
|---|---|
||**Unrestricted**|
||**fund**|
||**£**|
|**INCOME AND ENDOWMENTS FROM**||
|Donations and legacies|479,449|
|**EXPENDITURE ON**||
|Raising funds|173,645|
|Other|37,037|
|**Total**|210,682|
|**NET INCOME**|268,767|
|**RECONCILIATION OF FUNDS**||
|Total funds brought forward|224,082|
|**TOTAL FUNDS CARRIED FORWARD**|492,849|
## **5. TANGIBLE FIXED ASSETS**
|**TANGIBLE FIXED ASSETS**|||
|---|---|---|
|**COST**|**Fixtures**
**and**
**fittings**
**£**|**Computer**
**equipment**
**Totals**
**£**
**£**|
|At 1 October 2021 and 30 September 2022|465|6,201
6,666|
|**DEPRECIATION**|||
|At 1 October 2021|439|5,228
5,667|
|Charge for year|7|323
330|
|At 30 September 2022|446|5,551
5,997|
|**NET BOOK VALUE**|||
|At 30 September 2022|19|650
669|
|At 30 September 2021|26|973
999|
continued...
Page 10
**ANIMAL RESCUE FOUNDATION LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2022**
|**6.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Prepayments and accrued income
**7.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Other creditors
**8.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**TOTAL FUNDS**|**2022**
**2021**
**£**
**£**
17,400
-
**2022**
**2021**
**£**
**£**
-
1,126
2,094
4,841
2,094
5,967
**Net**
**At**
**movement**
**At**
**1.10.21**
**in funds**
**30.9.22**
**£**
**£**
**£**
492,849
89,778
582,627
492,849
89,778
582,627
**Incoming**
**Resources**
**Movement**
**resources**
**expended**
**in funds**
**£**
**£**
**£**
196,567
(106,789)
89,778
196,567
(106,789)
89,778
**Net**
**At**
**movement**
**At**
**1.10.20**
**in funds**
**30.9.21**
**£**
**£**
**£**
224,082
268,767
492,849
224,082
268,767
492,849|
|---|---|
continued...
Page 11
**ANIMAL RESCUE FOUNDATION LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **8. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|**Incoming**
**resources**
**£**
479,449
479,449|**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
(210,682)
268,767
(210,682)
268,767|
|---|---|---|
## **9. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 30 September 2022.
Page 12
**ANIMAL RESCUE FOUNDATION LIMITED**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2022**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Fundraising events
Donations
**Support costs**
**Management**
Management
**Finance**
Bank charges
**Governance costs**
Premises costs
Insurance
Telephone
Postage and stationery
Advertising and subscriptions
Accountancy fees
Professional fees
Website and computer sundries
Repairs and renewals
Motor and travel
Fixtures and fittings
Computer equipment
Total resources expended
**Net income**|**2022**
**£**
196,567
196,567
23,865
42,532
66,397
23,239
1,352
5,000
529
420
805
5,303
1,348
660
1,024
-
383
6
323
15,801
106,789
89,778|**2021**
**£**
479,449
479,449
66,093
107,552
173,645
21,976
-
4,975
509
420
3,150
102
1,320
669
2,647
775
-
9
485
15,061
210,682
268,767|
|---|---|---|
This page does not form part of the statutory financial statements
Page 13