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2023-03-31-accounts

Annual Report 2022-2023

Registered Charity Number 1129629 Company Registration Number 06833205

Contents

Trustees report 03
Our mission 04
Providing high quality care for dogs in need of our help 05
Case studies 06
Helping to keep pets and their people together 08
Using our voice to create lasting change 08
Ensuring we can continue to help pets and people in the future 10
Managing our assets effectively 11
Using digital technology for good 11
Achieving good practice in governance 12
Building a robust and resilient organisation 12
Being known and recognised for what we do 13
Building a future of hope 17
Strategic plan 2023 -2026 18
Financial review 19

This is Hope Rescue’s Annual Report for the financial year ended 31 March 2023.

This report sets out information about Hope Rescue, its aims and objectives, and activities that all make a positive impact in its local communities and beyond.

Trustees report

This was a challenging year for the Hope Rescue team, as the full extent of the costof-living crisis became clear.

Demand for our services remained very high, with our kennels at capacity, while the cost of utilities, food, and veterinary care soared. We continued to see the effect of the huge rise in dog ownership during the pandemic as the number of stray dogs arriving in our care also increased. All of this placed significant pressure on our financial and emotional resources.

However, despite these pressures, our team continued to offer a high standard of service across all operations, and maintained our RSPCA Gold PawPrints award for kennelling. An organisational review was undertaken this year, to lay the foundations for future growth, structure, and governance. The outcomes from the review helped inform a new strategic plan, which sets out how we will achieve our ambitious objectives for the next three years. This latest annual report provides the framework for how we will report on our achievements against those objectives.

This was another good year for our campaigning and advocacy work, which has been achieved without dedicated public affairs resources. Working in partnership with other organisations in our sector who share our values has enabled us to reach an audience beyond our gates, and has kept animal welfare issues in the minds of decision makers.

Hope Rescue continues to be viewed as an authority on dog welfare issues amongst media contacts, both in Wales and the rest of the UK. Our ability to provide an authentic voice, often at short notice, has meant that many important stories, such as the effect of the cost-of-living crisis, greyhound racing, and tackling low-welfare breeding, have been featured extensively in the news.

It is a difficult time at the moment across the charity sector, as the cost-of-living rises, and Hope Rescue is sharing some of these difficulties with regard to securing income to meet our increased running costs. Our supporters and funders have continued to provide incredible support at difficult times, and this has spurred us on to do even more. With our new strategic plan in place, we are in a good position to meet the future needs of vulnerable dogs and their owners in our local communities.

I would like to thank the staff, volunteers, and trustees who have worked so diligently over the last year, against the backdrop of what can only be described as the perfect storm of challenges.

Sarah Passmore

Chair

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Our mission

Our vision is a future where all dogs are treated with care, kindness, and respect.

Our mission:

We aim to provide a place of safety for vulnerable dogs, rehabilitating and rehoming them whilst working towards creating lasting change to improve the welfare of all dogs. We will collaborate with partner organisations to provide services to our local communities and support owners to help them keep their pets.

Our Core Values

Hope Rescue is committed to the following values:

Care

We aim to provide our dogs with the highest standards of care ensuring their emotional and physical wellbeing needs are met.

Fairness

We do not discriminate against the dogs we help based on their breed, age or medical condition. No adoptable dog is unnecessarily euthanised due to space or time constraints.

Compassion

We show compassion for both the dogs in our care and the people we deal with, whatever their circumstances for needing our services.

Advocacy

We are committed to creating lasting change for dogs in our care and for dogs we’ll never meet.

Integrity

We strive to work in a way that is open, honest, transparent and is accountable to our stakeholders, respecting and valuing our staff, trustees, volunteers, partners and supporters.

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Providing high quality care for dogs in need of our help

Our overarching aim is to provide the highest standards of care for our dogs, ensuring their emotional and physical wellbeing needs are met to enable them to find loving homes. Post-pandemic, not only has the demand for our services increased, but sadly we are seeing higher numbers of dogs with health and behaviour problems coming through our doors. These dogs are staying with us for longer as they need prolonged vet treatment and behavioural support.

We took in a total of 661 dogs this year. This was 44 less than last year, largely due to the increased number of challenging health and behaviour issues which means that dogs stayed longer with us, and also the length of stay for seized dogs due to having to wait for the legal process to complete. This also significantly impacted our vet bills which rose from £201k to £317k, and evidences the impact the cost-of-living crisis has had on the ability of pet owners to provide health care for their pets. Sadly, we are also seeing an increasing trend of older, end-of life dogs being abandoned.

Investment from Welsh Government to provide additional resources to Local Authority licensing teams has seen us develop some ground-breaking collaborative partnerships. As a result, there has been a sharp increase in the numbers of seized dogs we are taking in from low welfare or illegal breeders, with seizures of 30 plus dogs common. If these dogs are not signed over by the owner, they may be with us for a few months pending a court decision.

The number of dogs leaving our care increased significantly, 709 compared to 570 last year, including an increase in the number of dogs adopted;

Whilst we have historically relied on our rescue partners such as Dogs Trust and Blue Cross to support us by taking in a large percentage of our dogs, they are also struggling for kennel space and the number of transfers has considerably reduced. Capacity has therefore been a concerning issue this year. Our new Strategic Plan sets out our plans to address these challenges.

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Case studies

Keanu

Keanu came into us at 9 months after his owner reported he could no longer care for him. We were shocked on his arrival at the centre to see he had a serious deformity in his front limbs. On investigation by the vets, this was found to be due to rapid growth caused by breeding for extreme features.

With no viable surgical option, we aimed to keep Keanu comfortable on pain relief which, initially, worked well for him.

During his time with us, Keanu featured in the Panorama special about the links between extreme dog breeding and organised crime. Sadly, as Keanu grew, his health issues worsened and, despite our best efforts, his quality of life became compromised. He was put to sleep to end his suffering when he was just over a year old. We continue to work closely with local authorities and to campaign against illegal breeding for extreme features so that dog like Keanu do not have to suffer in the future.

Sam and Evie

Staffordshire bull terrier Sam and lurcher Evie came into our care as strays. We later found out that their owner had sadly passed away. Understandably both were overwhelmed and unsettled but our welfare team provided them with extra TLC during their stay.

Sam and Evie were incredibly attached to each other, so we began to look for a home for them together.

Sometimes it does take longer for a pair to find their forever home so during their stay Sam and Evie were cared for in one of our amazing foster homes. Not only do foster homes provide a safe place for dogs who are struggling in kennels, but they also help to create much needed space at the centre for another dog in need of our help. Sam and Evie are now settled in their forever home and, as you can see, as close as ever!

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Francois

Francois was one of 38 French bulldogs who came into our care in March 2023 after being seized by the local authority under the Animal Welfare Act 2006.

Found living in appalling conditions, many were suffering with health issues associated with breeding for extreme features. Francois had issues with his breathing due to his narrow nostrils, elongated soft palate and large nose rope. This also caused irritation to his eyes.

Francois underwent surgery at Maes Glas vets and, once recovered, this gave him a new lease of life. Francois went on to find a wonderful new home via one of our rescue partners.

Lucy

Lucy came to us as part of a group of over 30 dogs who were seized from an unlicensed breeder. Lucy was being kept alone in a barren environment with no comfy bed, no toys and not even any natural light. She was just 12 weeks old.

Lucy went straight into one of our experienced foster homes where she got to experience being a much-loved companion for the first time. To our delight, her foster family went on to adopt her and she continues to live the best life possible after such a poor start.

Avocado

Two-year-old shar pei Avocado came to us as an unclaimed stray.

He was a very unhappy and worried chap when he arrived who was quick to defend himself when approached. Avocado needed gentle and careful handling to build his confidence. Once Avocado was able to be safely handled it was discovered he had a long-term ear infection and entropion, a condition when the eye lashes turn in and rub against the eye causing discomfort. Avocado received surgery for this and treatment for his ear infection.

The team continued to work hard on his behaviour and training programme to help introduce him to new people and be comfortable with handling. There is no limit to how long a dog can stay in our care and for Avocado it took 9 months for him to be ready to find his new home. He is now living happily and comfortably with his new family, and has come such a long way from the sad stray dog who arrived in our care.

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Helping to keep pets and their people together

Due to capacity issues, sadly this year we have been unable to offer our subsidised canine respite scheme to Local Authorities. We have been able to support the Pet Food Bank in Cardiff with regular donations of surplus pet food.

With the rise in numbers of pet owners in crisis, and concerns over capacity and our ability to help dogs surrendered from owners, it will become increasingly important to provide support to owners to keep their dogs rather than having to face the heart-breaking decision to give them up. Keeping people and their pets together will be a key theme going forward.

We were delighted in March to receive notification from the National Lottery Community Fund that our funding application to take forward this work had been successful. This includes establishing a Community Programme Manager post to scope and develop a programme of community outreach projects, and support to establish a no-cost canine respite project for dog owners in crisis. The latter will be linked to further work next year to expand our fostering programme.

Using our voice to create lasting change

One of our founding values is that we don’t just care about the dogs that come through our doors but that we are passionate about improving the lives of dogs, wherever they are, through influencing behaviour change and improving legislation. As a charity currently without any dedicated public affairs resource, we really do punch above our weight when it comes to our campaign work and its impact.

It has been a very busy year for our advocacy work. In May we gave evidence to the Petitions Committee at the Senedd (Welsh Parliament) in respect of our 35,000 signature strong petition to ban greyhound racing in Wales. We were delighted in October when three of the largest charities in the UK – Dogs Trust, Blue Cross and RSPCA – changed their policy position on greyhound racing. Together with our friends

at Greyhound Rescue Wales, a new coalition was formed to work together towards a phased end to greyhound racing in Wales, the #CutTheChase coalition.

In December, the Petitions Committee published its report on the petition, with a

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majority conclusion that greyhound racing should come to an end in Wales. This was a major milestone for the campaign, and a view echoed by the majority of Senedd Members when the petition was debated in the Senedd in March. The Minister for Rural Affairs has committed to consulting on a ban by the end of 2023.

We were pleased to be invited to join the newly-formed Welsh Cross-Party Group for Animal Welfare which meets quarterly. We also facilitated a number of visits to the rescue centre from MPs and Mss, as well as organising a hugely successful “Paws in the Bay” event at the Senedd in May. This event saw Senedd Members, including the Minister for Rural Affairs, pair up with staff and volunteers to take one of our rescue dogs for a lunchtime stroll around Cardiff Bay, proving an opportunity to discuss key campaign issues.

In January we also attended the Scottish Parliament for a roundtable meeting on phasing out greyhound racing in Scotland, and were pleased to also join a coalition to launch a campaign there. We also took part in #CutTheChase fringe events at the Plaid Cymru and Welsh Labour party conferences in March.

Campaigning for improved breeding legislation and raising awareness of poor breeding practices remains a key objective. As a member of the Animal Welfare Network for Wales Management Committee, we regularly meet with Welsh Government officials, including discussing the current Welsh breeding regulations, using our frontline experience to bring the issues and challenges to life. We use our case studies to gain widespread media coverage to promote key messages.

The “Bird” Bulldog case for example and a message not to buy brachycephalic dogs was covered by the national press, and we were also invited to write a blog post for the British Veterinary Association.

A further notable media opportunity to highlight the impact of poor breeding practices came with the filming of the BBC One Panorama programme Dogs, Dealers and Organised Crime which broadcast in January 2023. We were interviewed about the breeding of American Bullies and other bulldog types for extreme features, and shared heartbreaking examples of Keanu and Alvin who both sadly had to be put to sleep as a result of their poor conformation. The programme received worldwide coverage.

We supported the campaign from

Naturewatch Foundation to regulate fertility clinics; the close links between fertility clinics and illegal breeding practices is something we are very concerned about. We were pleased to be invited to speak about this issue at the All Party Dog Advisory Working Group (APDAWG) event at Westminster in October. We were also pleased to be invited to speak at the APDAWG Unsung Heroes event at Westminster in December, highlighting our advocacy work in particular. In March we also attended an APDAWG drop-in session on The State of Rescue in the U.K. where we talked to MPs about the current crisis facing animal welfare organisations.

We continued to support the #FlopNotCrop campaign to ban the importation of earcropped dogs, joining forces with the RSPCA to issue a joint press release and sending a joint letter to Welsh Government offering support with a targeted human behaviour change campaign.

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Ensuring we can continue to help pets and people in the future

The key challenge this year has been managing the costs of increasing demand for our services whilst maintaining the highest possible animal welfare standards. This has been balanced against rising costs for our utilities, mortgage, fuel, food and vet costs.

Fundraising

Across the charity sector, there are signs of an emerging ‘cost-of-giving’ crisis as finances are squeezed. Despite this, thanks to the incredible generosity of our supporters, the support of both existing and new funders, and our corporate and community partners we raised a total of £896,481, an increase of £133,044 from last year (including grant income). Our fundraising once again represents 65% of our income. This is a remarkable achievement given that we are yet to see any significant legacy income.

We have researched and invested in new ways to support individual giving and community fundraising, for example we launched a new text lottery, using Donr, our existing text giving platform and continued to develop our CRM system.

As always, we were grateful to business organisations for their financial support and gifts in kind including key partners such as the Pets Foundation, Mad About Dogs in Chichester, Black Lion Roofing, Schnauzerfest, Biffa, Rockwool, Redberth Gardens, and Burns Pet Nutrition.

We’re also grateful to our grant funders who not only provided generous funding to our vet bills and new till system, but also funded capital projects.

Within our new strategic plan, we have set out our objective to implement a fundraising plan that will guide us through the next three years. This includes more investment in fundraising resources and the adoption of a wider mix of sustainable fundraising streams

including corporate partnerships and legacy income.

Retail

Our charity shop in Pontypridd continues to perform well, delivering a profit of £46,342. Our eBay shop maintained its strength, with a profit of £19,167. We developed plans to restructure our retail team, and bring in an experienced charity retail professional to develop a new retail strategy, building on the success of our Pontypridd shop and rolling out a pipeline of new shops.

Our small shop at the rescue centre also did well, showing a profit of £7,043.

We took the difficult decision to close our Shopify on-line store in January. This was largely due to low sales and high management costs negatively impacting our forecast profitability. However, we will be looking for drop-shipping options and hope to re-open it next year with a more costeffective structure.

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We are very grateful to both our wonderful charity shop volunteers, and also our volunteer Handmade by Hope team for providing a steady supply of beautifully handcrafted gifts that we sell in our charity shop, at the rescue centre, in our on-line auctions and at our fundraising events.

Service Delivery Income

As well as fulfilling a much-needed welfare service, we also derive an income from our stray dog contracts and the boarding of

seized dogs for local authorities until they are signed over in to our care. Our service delivery income rose significantly last year to £287,980, an increase of £83,989. This was due to the increased demand from local authorities for kennelling seized dogs, the rise in the number of stray dogs and increased adoption numbers.

Managing our assets effectively

We continue to improve the facilities at the rescue centre, and this year has mainly involved design work and planning for two large projects. The funding award from the National Lottery Community Fund will also enable us to provide a new reception and refurbish our training room. The latter will be used for staff and volunteer training including a disabled toilet, as well as providing an indoor training area for our dogs. Work will commence in the new financial year.

Minor projects included a new disabled access ramp for our current reception building, additional weatherproofing to the kennel building, and creating new storage for kennels thanks to funding from the Bruce Wake Charitable Trust, Dezna Robin Jones Foundation and The Hobson Charity. We were also delighted to secure grant funding from the Jean Sainsbury Charitable Animal Welfare Trust to purchase a new van. Thanks also to a generous discount from Vanzone, we were able to purchase a brandnew Fiat Scudo ready for fit-out.

Using digital technology for good

Thanks to generous funding from Loteri Cymru, we purchased a new retail till system, Kudos. This will enable us to better analyse

the income through our charity shops, to inform improved commercial decision making and help manage stock.

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Achieving good practice in governance

How We Operate

Hope Rescue is a charitable company limited by guarantee and was incorporated under the Companies Act 2006 on 2nd March 2009. Charitable status was gained on 14th May 2009. Hope Rescue operates throughout the U.K. although the dogs it helps primarily originate from South Wales. The day-to-day running of the Charity is the responsibility of the staff team, supported by a network of volunteers and overseen by the Board of Trustees. The Trustees make all decisions on any major expenditure and set the strategic direction for the Charity. Our current Board of Trustees comprises six Trustees with a range of specialist skills and experience.

Hope Rescue Enterprises Ltd. was incorporated during 2017 to serve as a separate trading company to pass all surpluses and support the work of the charity Hope Rescue.

Organisational Review

commissioned and completed in 2022. This included a deep delve into our governance and highlighted areas for improvement, largely due to challenges arising from transitioning from a small to medium/large charity since opening the rescue centre premises in March 2017.

The governance review broadly followed the WCVA Governance Health Checklist, with reference also to the Charity Governance Code and Charity Commission guidance on managing your charity. The recommendations included reviewing our governing documents, strengthening the skills and capacity of our Board by recruiting additional trustees and undertaking a policy review.

We will build on the recommendations to develop an organisation that is agile, responsive and fit for the future to ensure our sustainability to deliver the key commitments in the new Strategic Plan 2023 to 2026.

A broad Organisational Review was

Building a robust and resilient organisation

We strengthened our staff team during the year with the following appointments. This helped to focus on improving our sustainability and supporting our dogs, while facing the postpandemic and cost of living crisis:

in both cost-of-living and recruitment in all sectors, that have compounded this issue. We are committed to developing a new, fit for purpose organisational structure that will be delivered over the next 3 to 5 years, subject to funding and affordability.

However, our organisational structure has not kept pace with the expansion of the charity as a whole. We have seen a crisis

We are extremely grateful to our fabulous volunteer team who provide support across all areas of the charity including fostering, fundraising, retail and at the rescue centre. The funding from the National Lottery Community Fund will allow us to further develop our volunteer offer.

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Being known and recognised for what we do

Media

We continued to secure UK wide media coverage as a trusted source of information and expertise, despite our limited public affairs and marketing resources.

Our work supporting local authorities to tackle low welfare breeders was highlighted in May, in the Express and on WalesOnline. The story focused on the subsequent work, and the costs, to prepare the seized dogs for rehoming after they arrived in our care.

As the cost-of-living crisis grew, and the impact of a huge increase in dog ownership during the pandemic became a reality, we reported on the rise in the number of dogs being abandoned. The story was covered extensively by local print media, and by the BBC.

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Amongst the abandoned dogs, an increasing number of fake strays coming through our doors was also covered by the South Wales Argus

The ‘Bird’ bulldogs case attracted extensive broadcast media coverage, including local BBC radio stations in England and Wales, and commercial radio stations Heart and Nation.

Our heartbreak at seeing some of the worst health conditions caused by low welfare breeding was also featured in the Mirror, Express, and WalesOnline.

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There was extensive coverage of the Senedd Committee’s decision that greyhound racing should be banned in Wales. This followed on from our ground-breaking petition that gathered 35,000 responses.

We were featured in the BBC Panorama investigation ‘Dogs, Dealers and Organised Crime’. The programme exposed how some drugs dealers have switched from dealing narcotics to dealing dogs. Our dog, Keanu, was featured as an example of the link between low-welfare breeding and other criminal activity.

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Digital communications

Social media remains an active part of our communications, to quickly engage with supporters, funders, and new audiences.

Facebook is the primary audience, with more than 105,000 people following the page at the end of the year. Our engagement rate is strong, at around 5%, with much of the engagement relating to stray dog posts being shared to try and reunite dogs with their owners.

The post that attracted the highest level of engagement was the sad news that Keanu, who featured in the BBC Panorama programme, was having serious breathing difficulties and joint pain, and had to be put to sleep. The public shared our heartbreak and anger towards those responsible for his suffering.

Our other channels on Instagram, Twitter and LinkedIn saw a more modest increase in followers, and will need a wider plan for future content, as part of a revised marketing mix.

There were 1.3 million page views on our website this year. More than half of these were on the adoption pages. More work is needed to signpost and track the supporter journey from social media to the website. The number of visitors to the website was an average of 30,000 each month.

A new Marketing and Communications Plan will be developed next year to ensure we are optimising the use of our online and offline channels, and marketing collateral.

OVER 105,000 FOLLOWERS

OVER 21,000 FOLLOWERS

OVER 25,000 FOLLOWERS

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Building a future of hope

Following a series of workshops, a new three-year Strategic Plan has been developed and will be launched in the new financial year.

The focus for the next three years will be to respond to the ongoing challenges of the post-Covid environment and cost of living crisis. In the ever-changing environment, the strategy will be dynamic and will be reviewed annually.

It will be supported by an Operational Plan setting out further detail of how we will deliver our goals and objectives, together with an annual budgeting process in which affordability will be key.

Key workstreams for next year include:

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----- Start of picture text -----
Strategic Plan 2023 – 2026
Building a future of hope
At a glance
----- End of picture text -----

We will provide high-quality care for dogs in need of our help

We’ll help even more dogs find loving homes and be recognised as an exemplary rehoming centre with the highest welfare standards

We will help to keep people and their pets together

We will develop a community programme to support local dog owners and improve the welfare of dogs in our community

We will use our voice to create lasting change

We will develop a more structured approach to our core campaigns to improve our impact

We will ensure we can continue to help pets and people in the future

We will develop forward thinking plans for both voluntary and trading income to ensure we can deliver our objectives

We will invest in our assets, technology, governance, people and brand

We will ensure our facilities, IT and governance are fit for purpose, and that we promote the best culture, performance and leadership for our people

View the full strategic plan at www.hoperescue.org.uk/building-a-future-of-hope

Registered charity no. 1129629

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Financial Review

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 31 March 2023.

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 are pleased to present their annual directors’ report together with the consolidated financial statements of the charity and its subsidiary for the year ending 31 March 2023 which are also prepared to

meet the requirements for a directors’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 Report for the Year Ending 31st March 2023

The Trustees are pleased to present the financial report of the Charity for the fiscal year ending on 31st March 2023.

Despite the challenges faced by both the organisation and wider animal welfare sector, we were able to limit our deficit to £201,188. It is worth noting that £87,788 of this figure relates to depreciation charges, resulting in an operational deficit of £113,300.

During the year, whilst we increased overall income by 20% (£241,237) from last year, we suffered a significant increase in running costs that prompted us to reforecast our expenditure for the remaining 6 months. Our goal was to identify areas where we could reduce costs and increase our revenue. Our reforecast deficit was set at £112,000, excluding any depreciation charges. We are pleased we were able to stay on track and end the year on target by continually analysing and reviewing our position.

whilst also improving operational efficiency by developing plans for our own on-site veterinary suite.

The biggest factor influencing our expenditure has been staff costs, as we have needed to invest in more robust financial management as the organisation grows, and additional roles to support income generation and to improve welfare in line with our strategic aims.

Our findings from the previous 12 months have allowed us to budget robustly for the next financial year. Our senior management team and Board of trustees are focussed on working together to meet the financial challenges at a time our services are needed more than ever. We know this will be challenging, but our new Strategic Plan sets out how we will look to control costs whilst also continuing to invest in both voluntary and trading income generation.

Governing document

£115,089 of our increased expenditure is due to higher veterinary costs resulting from both the cost of living on dog owners, and general rises in the cost of vet treatments. We will be seeking to reduce our veterinary costs

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.

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Trading Company

Hope Rescue Enterprises Ltd (Registered number: 10632674) is a separate trading company to manage our trading income, the activities of which are included in this consolidated set of accounts.

Risk Management

Hope Rescue is committed to ensuring effective financial management through a system of monitoring, checks and controls. This includes a managed approach to financial issues which may present a risk to the organisation.

The Board of trustees overseas, manages and mitigates risks that are strategically significant to the ongoing success of the Charity through effective governance and its Board meetings, including regular review of the Strategic Risk Register.

Reserves

Our year end fund balance of £310,994 represents the value of our assets were we to liquidate the charity. Of our total fund balance, £131,00 is currently restricted, meaning that there are conditions attached to the funding which only allow it to be spent in a certain way. This includes donations and grants made for specific, defined purposes and the balance of our Capital Grant Fund relating to the purchase of the centre in 2017.

This leaves £179,994 in our general fund which we will hold as reserves and aim to build on over the course of the next financial year. One of the key objectives in our Strategic Plan is to develop a new Reserves Policy to ensure adequate levels of cash reserves, both operating and capital.

Reference and administrative details

Charity Name: Hope Rescue

Registered Company Number: 06833205 (England and Wales) Registered Charity Number: 1129629

Trading Company: Hope Rescue Enterprises Ltd

Registered Company Number: 10632674 England and Wales)

Registered office

Hope Rescue Centre Hope Rescue Enterprises Ltd Cynllan Lodge 77 Taff Street Llanharan Pontypridd Pontyclun Rhondda Cynon Taff CF72 9NH CF34 4SU

Trustees and Directors

Sarah Passmore (Chair) (appointed 2nd April 2023) Gareth Lloydwin (Vice-Chair) (appointed 2nd April 2023) Jacqueline Kent (appointed 1st March 2023) Thomas Candy (appointed 2nd April 2023) Charlene Barham-Peart (appointed 2nd April 2023) Heather Ball (appointed 22nd October 2023) Sunil Seabrooke (resigned 8th January 2023) Dr Corrine Scott (resigned 1st February 2023) Paula Rowe (resigned 2nd April 2023) Sarah Lee Screen (resigned 2nd April 2023) Phae Jones (resigned 9th July 2023) Sian Humphreys (resigned 9th July 2023)

Secretary

Thomas Candy

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Auditors

Bevan Buckland LLP Chartered Accountants and Statutory Auditors Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9LA

Bankers

Lloyds TSB Bank PLC 25 Gresham Street London EC2V 7HNR

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The trustees (who are also the directors of Hope Rescue for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

AUDITORS

The auditors, Bevan Buckland LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Approved by order of the board of trustees on....22.12.2023 and signed on its behalf by:

Sarah Passmore – Trustee Chair

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF HOPE RESCUE

Opinion

We have audited the financial statements of Hope Rescue (the ‘parent company’) and its subsidiary (the ‘group’) for the year ended 31 March 2023 which comprise the Consolidated Statement of Financial Activities, the Consolidated Balance Sheet, Charity Balance Sheet, the Consolidated Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors’ responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial

statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise

22 Hope Rescue Annual Report 2022 - 2023

to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

Responsibilities of trustees

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report

by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

As explained more fully in the Statement of Trustees’ Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the

financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

23

Hope Rescue Annual Report 2022 - 2023

Extent to which the audit was considered capable of detecting irregularities, including fraud

We identify and assess the risks of material misstatement of the Financial Statements, whether due to fraud or error, and then, design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.

We discussed our audit independence complying with the Revised Ethical Standard 2019 with the engagement team members whilst planning the audit and continually monitored our independence throughout the process.

Identifying and assessing potential risks related to irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and noncompliance with laws and regulations, our procedures included the following:

Audit response to risks identified

In addition to the above, our procedures to respond to risks identified included the following:

24

Hope Rescue Annual Report 2022 - 2023

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at www.frc.org.uk/ auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditors’ report and for no other purpose. To the fullest extent permitted by law, we

do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Michael Jones (Senior Statutory Auditor) for and on behalf of Bevan Buckland LLP Chartered Accountants And Statutory Auditors Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9LA

Date: 29/12/23

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Hope Rescue Annual Report 2022 - 2023

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES

(Incorporating an Income and Expenditure Account) for the Year Ended 31 March 2023

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
4
Grant income
Other trading activities
3
Total
EXPENDITURE ON
Raising funds
5
Charitable Activities
CORE
6
Total Expenditure
NET INCOME
Transfers between funds
20
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
Notes
2
4
3
5
6
20		 0 0
Unrestricted
funds
£
649,943
74,862
555,879
1,280,684
131,615
1,390,030
1,521,645
(240,961)
~~61,60~~8
(179,353)
~~359,34~~7
~~179,99~~4
Unrestricted
funds
£
649,943
74,862
555,879
1,280,684
131,615
1,390,030
1,521,645
(240,961)
61,608
(179,353)
359,347
179,994		 Restricted
funds
£
-
126,656
-
126,656
-
86,883
86,~~883~~
39,773
~~(61,60~~8)~~~~
(21,835)
~~152,8~~35
~~131,0~~0~~0~~
Restricted
funds
£
-
126,656
-
126,656
-
86,883
86,883
39,773
(61,608)
(21,835)
152,835
131,000		 Total
fund
s
£
649,943
201,518
555,879
1,407,340
131,615
1,476,913
~~1,6~~0~~8,528~~
(201,188)

-
(201,188)
~~512,182~~

~~310,99~~4
2023
Total
funds
£
649,943
201,518
555,879
1,407,340
131,615
1,476,913
1,608,528
(201,188)
-
(201,188)
512,182
310,994		 Total
fund
s
£
649,943
201,518
555,879
2023
Total
funds
£
649,943
201,518
555,879		 Total
funds
£
570,169
155,532
440,402
1,166,103
88,623
1,064,061
~~1,1~~5~~2,684~~
13,149
-
13,149
~~498,763~~
~~512,182~~
2022
Total
funds
£
570,169
155,532
440,402
1,166,103
88,623
1,064,061
1,152,684
13,149
-
13,149
498,763
512,182
~~883~~
83

26

Hope Rescue Annual Report 2022 - 2023

CONSOLIDATED BALANCE SHEET

31 March 2023

Notes
FIXED ASSETS
Intangible assets
13
Tangible assets
14
CURRENT ASSETS
Stocks
15
Debtors
16
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
17
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one
year
18
NET ASSETS
FUNDS
20
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
funds
£
14,000
530,976
544,976
9,420
78,212
177,015
264,647
(145,264)
~~119,383~~
664,359
(484,365)
~~179,994~~
Unrestricted
funds
£
14,000
530,976
544,976
9,420
78,212
177,015
264,647
(145,264)
119,383
664,359
(484,365)
179,994		 Restricted
funds
£
-
94,750
94,750
-
-
36,250
36,250
-
~~36,250~~
131,000
-
~~131,000~~
Restricted
funds
£
-
94,750
94,750
-
-
36,250
36,250
-
36,250
131,000
-
131,000		 2023
Total
fund
s
£
14,000
625,726
639,726
9,420
78,212
213,265
300,897
(145,264)
~~155,63~~3
795,359
(484,365)
~~310,99~~4
179,994
~~131,00~~0
~~310,99~~4
2023
Total
funds
£
14,000
625,726
639,726
9,420
78,212
213,265
300,897
(145,264)
155,633
795,359
(484,365)
310,994
179,994
131,000
310,994		 2022
Total
funds
£
17,500
636,609
654,109
7,950
60,611
387,343
455,904
(80,025)
~~375,87~~9
1,029,988
(517,806)
~~512,18~~2
359,347
~~152,83~~5
~~512,18~~2
2022
Total
funds
£
17,500
636,609
654,109
7,950
60,611
387,343
455,904
(80,025)
375,879
1,029,988
(517,806)
512,182
359,347
152,835
512,182

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 22 Dec 2023 and were signed on its behalf by:

Sarah Passmore - Trustee Chair

27

Hope Rescue Annual Report 2022 - 2023

CHARITY BALANCE SHEET 31 March 2023

Unrestricted
Restricted
funds
funds
Notes
£
£
FIXED ASSETS
Intangible assets
13
14,000
-
Tangible assets
14
530,976
94,750
544,976
94,750
CURRENT ASSETS
Debtors
16
87,632
-
Cash at bank
177,015
36,250
264,647
36,250
CREDITORS
Amounts falling due within one year
17
(145,264)
-
NET CURRENT ASSETS
119,383
~~36,25~~0
TOTAL ASSETS LESS CURRENT
664,359
131,000
LIABILITIES
CREDITORS
Amounts falling due after one year
18
(484,365)
NET ASSETS
~~179,9~~94
~~131,00~~0
FUNDS
20
Unrestricted funds
Restricted funds
TOTAL FUNDS
Unrestricted
Restricted
funds
funds
Notes
£
£
13
14,000
-
14
530,976
94,750
544,976
94,750
16
87,632
-
177,015
36,250
264,647
36,250
17
(145,264)
-
119,383
36,250
664,359
131,000
18
(484,365)
179,994
131,000
20		 Unrestricted
Restricted
funds
funds
Notes
£
£
FIXED ASSETS
Intangible assets
13
14,000
-
Tangible assets
14
530,976
94,750
544,976
94,750
CURRENT ASSETS
Debtors
16
87,632
-
Cash at bank
177,015
36,250
264,647
36,250
CREDITORS
Amounts falling due within one year
17
(145,264)
-
NET CURRENT ASSETS
119,383
~~36,25~~0
TOTAL ASSETS LESS CURRENT
664,359
131,000
LIABILITIES
CREDITORS
Amounts falling due after one year
18
(484,365)
NET ASSETS
~~179,9~~94
~~131,00~~0
FUNDS
20
Unrestricted funds
Restricted funds
TOTAL FUNDS
Unrestricted
Restricted
funds
funds
Notes
£
£
13
14,000
-
14
530,976
94,750
544,976
94,750
16
87,632
-
177,015
36,250
264,647
36,250
17
(145,264)
-
119,383
36,250
664,359
131,000
18
(484,365)
179,994
131,000
20		 Unrestricted
Restricted
funds
funds
Notes
£
£
FIXED ASSETS
Intangible assets
13
14,000
-
Tangible assets
14
530,976
94,750
544,976
94,750
CURRENT ASSETS
Debtors
16
87,632
-
Cash at bank
177,015
36,250
264,647
36,250
CREDITORS
Amounts falling due within one year
17
(145,264)
-
NET CURRENT ASSETS
119,383
~~36,25~~0
TOTAL ASSETS LESS CURRENT
664,359
131,000
LIABILITIES
CREDITORS
Amounts falling due after one year
18
(484,365)
NET ASSETS
~~179,9~~94
~~131,00~~0
FUNDS
20
Unrestricted funds
Restricted funds
TOTAL FUNDS
Unrestricted
Restricted
funds
funds
Notes
£
£
13
14,000
-
14
530,976
94,750
544,976
94,750
16
87,632
-
177,015
36,250
264,647
36,250
17
(145,264)
-
119,383
36,250
664,359
131,000
18
(484,365)
179,994
131,000
20		 Unrestricted
Restricted
funds
funds
Notes
£
£
FIXED ASSETS
Intangible assets
13
14,000
-
Tangible assets
14
530,976
94,750
544,976
94,750
CURRENT ASSETS
Debtors
16
87,632
-
Cash at bank
177,015
36,250
264,647
36,250
CREDITORS
Amounts falling due within one year
17
(145,264)
-
NET CURRENT ASSETS
119,383
~~36,25~~0
TOTAL ASSETS LESS CURRENT
664,359
131,000
LIABILITIES
CREDITORS
Amounts falling due after one year
18
(484,365)
NET ASSETS
~~179,9~~94
~~131,00~~0
FUNDS
20
Unrestricted funds
Restricted funds
TOTAL FUNDS
Unrestricted
Restricted
funds
funds
Notes
£
£
13
14,000
-
14
530,976
94,750
544,976
94,750
16
87,632
-
177,015
36,250
264,647
36,250
17
(145,264)
-
119,383
36,250
664,359
131,000
18
(484,365)
179,994
131,000
20		 2023
2022
Total
Total
funds
funds
£
£
14,000
17,500
625,726
636,609
2023
2022
Total
Total
funds
funds
£
£
14,000
17,500
625,726
636,609
544,976
87,632
177,015
264,647
(145,264)
119,383
664,359
(484,365)
~~179,9~~94
544,976
87,632
177,015
264,647
(145,264)
119,383
664,359
(484,365)
179,994		 94,750
-
36,250
36,250
-
~~36,25~~0
131,000
~~131,00~~0
94,750
-
36,250
36,250
-
36,250
131,000
131,000
639,726
654,109
87,362
76,491
213,265
387,343
300,897
463,834
(145,264)
(87,954)
155,633
375,880
795,359
1,029,989
(484,365)
(517,806)
~~310,9~~94
~~512,1~~82
179,994
359,347
131,000
152,835
310,994
512,182
639,726
654,109
87,362
76,491
213,265
387,343
300,897
463,834
(145,264)
(87,954)
155,633
375,880
795,359
1,029,989
(484,365)
(517,806)
310,994
512,182
179,994
359,347
131,000
152,835
310,994
512,182

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 22 Dec 2023 and were signed on its behalf by:

Sarah Passmore - Trustee Chair

28

Hope Rescue Annual Report 2022 - 2023

CONSOLIDATED CASH FLOW STATEMENT for the Year Ended 31 March 2023

2023
2023		 2022
2022
Notes £
£		 £
£
Cash flows from operating activities
Cash generated from operations 1 6,970
6,970		 128,379
128,379
Interest paid (34,887)
(34,887)		 (25,459)
(25,459)
Net cash provided by operating activities (27,917)
(27,917)		 102,920
102,920
Cash flows from investing activities
Purchase of tangible fixed assets (73,395)
(73,395)		 (98,535)
(98,535)
Net cash used in investing activities (73,395)
(73,395)		 (98,535)
(98,535)
Cash flows from financing activities
Loan repayments in year (76,676)
(76,676)		 (52,784)
(52,784)
Net cash used in financing activities (76,676)
~~(76,6~~76)		 (52,784)
~~(52,7~~84)
-
-		 -
-
Change in cash and cash equivalents
in the reporting period (174,078)
(174,078)		 (48,399)
(48,399)
Cash and cash equivalents at the
beginning of the reporting period 387,343
387,343		 435,742
435,742
Cash and cash equivalents at the end
of the reporting period 213,265
213,265		 387,343
387,343

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Hope Rescue Annual Report 2022 - 2023

NOTES TO THE CONSOLIDATED CASH FLOW STATEMENT for the Year Ended 31 March 2023

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of
Financial Activities)
Adjustments for:
Depreciation charges
Interest paid
(Increase)/decrease in stocks
(Increase)/decrease in debtors
Increase in creditors
Net cash provided by operations		 2023
£
2022
£
(201,188)
13,419
87,778
75,463
34,887
25,459
(1,470)
(7,950)
(17,601)
(11,607)
108,474
33,595
10,880
128,379
2023
£
2022
£
(201,188)
13,419
87,778
75,463
34,887
25,459
(1,470)
(7,950)
(17,601)
(11,607)
108,474
33,595
10,880
128,379

2. ANALYSIS OF CHANGES IN NET FUNDS

ALYSIS OF CHANGES IN NET FUNDS
At 1.4.22
At 1.4.22		 Cash flow
Cash flow		 At 31.3.23
At 31.3.23
£
£		 £
£		 £
£
Net cash
Cash at bank ~~387,343~~
387,343		 (~~174,078)~~
(174,078)		 ~~213,265~~
213,265
~~387,343~~
387,343		 (~~174,078)~~
(174,078)		 ~~213,265~~
213,265
Debt
Debts falling due within 1 year
Debts falling due after 1 year		 (22,863)
(~~517,806)~~
(22,863)
(517,806)		 8,351
~~33,441~~
8,351
33,441		 (14,512)
(~~484,365)~~
(14,512)
(484,365)
(~~540,669)~~
(540,669)		 ~~41,792~~
41,792		 (~~498,877)~~
(498,877)
Total (~~153,326)~~
(153,326)		 (~~132,286)~~
(132,286)		 (~~285,612)~~
(285,612)

The notes form part of these financial statements

30

Hope Rescue Annual Report 2022 - 2023

NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2023

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, with the exception of investments which are included at market value.

Consolidation

These financial statements consolidate the results of the charitable company and its wholly-owned subsidiary Hope Rescue Enterprises Limited on a line by line basis. Transactions and balances between the charitable company and its subsidiary have been eliminated from the consolidated financial statements. Balances between the two companies are disclosed in the notes of the charitable company’s balance sheet. A separate statement of financial activities, or income and expenditure account, for the charitable company has taken advantage of the exemptions afforded by section 408 of the Companies Act 2006.

Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The trustees have made this assessment based on reviewing financial budgets and forecasts for a period of 12 months from the date of the approval of these financial statements. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

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.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Donations and legacies income includes donations and gifts that provide core funding or are of a general nature and are recognised where there is entitlement, probability of receipt and the amount can be measured with sufficient reliability. Such income is only deferred when the donor specifies it must be used in future accounting periods or the donor has imposed conditions which must be met before the charity has unconditional entitlement.

The company operates retail shops for the sale of a range of branded and own branded products. Sales of goods are recognised on sale to the customer, which is considered the point of delivery. Retail sales are usually by cash, credit or payment card.

Other trading activities are recognised as the related services are provided and there is entitlement, probability of receipt and the amount can be measured with sufficient reliability. Income is deferred when the amounts received are in advance of the delivery of the service or event to which it relates.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

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Hope Rescue Annual Report 2022 - 2023

Income received in advance of a specified service or purchase is deferred until the criteria for income recognition are met.

It is not the policy of the charity to show income net of expenditure.

Taxation

The charity is exempt from corporation tax on its charitable activities.

The charity’s trading subsidiary, Hope Rescue Enterprises Limited, gift aids available profits to the parent charity.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is charged on a straight line basis at rates estimated to write off the cost of fixed assets over their useful economic life as follows:

Leasehold improvements - 33% on cost Plant and machinery - 33% on cost - 33% on cost Fixtures and fittings Motor vehicles - 33% on cost Computer equipment - 33% on cost Fixed assets are initially recorded at cost. Assets in the course of construction

Assets in the course of construction are stated at cost. These assets are not depreciated until they are available for use.

Stock

Inventories are stated at the lower of cost and estimated selling price less costs to sell. Inventories are recognised as an expense in the period in which the related revenue is recognised.

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.

Pension costs and other postretirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company’s pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, and conditions associated with the donated item have met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of the Hope Rescue volunteer community is not recognised.

On receipt, donated and professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

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Hope Rescue Annual Report 2022 - 2023

Cash at bank and in hand

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts arc shown within borrowings in current liabilities.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Financial Instruments

The group only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial

instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Debtors with no stated interest rate and receivable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. Prepayments are valued at the amount prepaid net of any trade discounts due.

Creditors and provisions are recognised where the group has a present Obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

2. DONATIONS AND LEGACIES

2023
£
2022
£
Gift aid
96,846
63,548
Other donations and legacies
553,097
506,621
649,943
570,169
OTHER TRADING ACTIVITIES
2023
2022
2023
£
2022
£
96,846
63,548
553,097
506,621
649,943
570,169
2023
2022
£
£
45,020
37,736
222,879
198,913
-
(238)
183,650
126,801
104,330
77,190
555,879
440,402
Fundraising events
Retail income
Trading income (HRE Ltd)
Service delivery
Adoption fees		 2023
£
2022
£
Gift aid
96,846
63,548
Other donations and legacies
553,097
506,621
649,943
570,169
OTHER TRADING ACTIVITIES
2023
2022
2023
£
2022
£
96,846
63,548
553,097
506,621
649,943
570,169
2023
2022
£
£
45,020
37,736
222,879
198,913
-
(238)
183,650
126,801
104,330
77,190
555,879
440,402
Fundraising events
Retail income
Trading income (HRE Ltd)
Service delivery
Adoption fees		 2023
£
2022
£
Gift aid
96,846
63,548
Other donations and legacies
553,097
506,621
649,943
570,169
OTHER TRADING ACTIVITIES
2023
2022
2023
£
2022
£
96,846
63,548
553,097
506,621
649,943
570,169
2023
2022
£
£
45,020
37,736
222,879
198,913
-
(238)
183,650
126,801
104,330
77,190
555,879
440,402
Fundraising events
Retail income
Trading income (HRE Ltd)
Service delivery
Adoption fees

3. OTHER TRADING ACTIVITIES

33

Hope Rescue Annual Report 2022 - 2023

4.
INCOME FROM CHARITABLE ACTIVITIES
Grants
Grants received, included in the above, are as follows;
5.
RAISING FUNDS
Other trading activities
Interest payable and similar charges
Expenditure
Administrative expenses
Fundraising costs
Aggregate amounts
6.
CHARITABLE ACTIVITIES COSTS
Core
2023
2022
£
£
201,518
155,533
201,518
155,533
WCVA
Hobson Charity
National Lottery
Dezna Robins Jones Foundation
Wales Church Act
Schnauzerfest
The Jean Sainsbury Trust
The Anthony Martin Trust
The Rose Animal Trust
Moon Dance
Other small grants
2023
2022
£
£
£
£
-
15,000
7,000
8,400
-
10,000
15,000
1,625
12,057
12,057
10,000
22,000
36,000
-
33,220
-
10,000
-
10,000
-
68,241
86,451
201,518
155,533
20
21
Total
Total
2023
2022
£
£
34,887
25,459
52,815
33,967
43,913
29,197
96,728
63,164
131,615
88,623
Direct
Support
Costs
costs
Totals
£
£
£
1,323,134
153,779
1,476,913		 4.
INCOME FROM CHARITABLE ACTIVITIES
Grants
Grants received, included in the above, are as follows;
5.
RAISING FUNDS
Other trading activities
Interest payable and similar charges
Expenditure
Administrative expenses
Fundraising costs
Aggregate amounts
6.
CHARITABLE ACTIVITIES COSTS
Core
2023
2022
£
£
201,518
155,533
201,518
155,533
WCVA
Hobson Charity
National Lottery
Dezna Robins Jones Foundation
Wales Church Act
Schnauzerfest
The Jean Sainsbury Trust
The Anthony Martin Trust
The Rose Animal Trust
Moon Dance
Other small grants
2023
2022
£
£
£
£
-
15,000
7,000
8,400
-
10,000
15,000
1,625
12,057
12,057
10,000
22,000
36,000
-
33,220
-
10,000
-
10,000
-
68,241
86,451
201,518
155,533
20
21
Total
Total
2023
2022
£
£
34,887
25,459
52,815
33,967
43,913
29,197
96,728
63,164
131,615
88,623
Direct
Support
Costs
costs
Totals
£
£
£
1,323,134
153,779
1,476,913
Total
2023
£
34,887
52,815
43,913
96,728
131,615
Direct
Costs
£
1,323,134		 Support
costs
£
153,779		 Totals
£
1,476,913

34

Hope Rescue Annual Report 2022 - 2023

DIRECT COSTS OF CHARITABLE ACTIVITIES
Total Total
Total
2023 2022
2022
£ £
£
Staff costs 810,656 628,297
Retail expenses 83,803 33,538
Rehoming costs 112,088 85,050
Veterinary care 316,587 201,498
TOTAL 1,323,134 948,383

7. DIRECT COSTS OF CHARITABLE ACTIVITIES

8. SUPPORT COSTS

Depreciation/
Other
Governance
Amortisation
costs
£
£
£
Core
87,777
37,045
28,957
87,777
37,045
28,957		 Total
£
153,779
153,779

9. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Net income/(expenditure) is stated after charging/(crediting):
2023
2023		 2022
2022
£
£		 £
£
Auditors’ remuneration 20,246
20,246		 5,100
5,100
Depreciation – owned assets 84,278
84,278		 71,964
71,964
Amortisation of intangible fixed assets 3,500
3,500		 3,500
3,500
Expenses under operating leases -
-		 -
-
TRUSTEES' REMUNERATION AND BENEFITS

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.

Trustees' expenses

There were no expenses paid to trustees in the year. In the prior year the charity paid £Nil in relation to training expenditure and towards the costs of holding trustee meetings.

35

Hope Rescue Annual Report 2022 - 2023

STAFF COSTS
Wages and salaries
Social Security Costs
Other Pension costs
The average monthly number of employees during the year was as
follows:
Service delivery
Administration
Employed staff		 2023
£
732,886
57,479
20,291
810,656
2023
30
6
~~36~~
2023
£
732,886
57,479
20,291
810,656
2023
30
6
~~36~~		 2022
£
592,912
25,450
9,935
628,297
2022
25
5
~~30~~
2022
£
592,912
25,450
9,935
628,297
2022
25
5
~~30~~

11. STAFF COSTS

No employees received emoluments in excess of £60,000.

During the year no terminations benefits were paid (2022: £Nil)

The total key management personnel remuneration benefits during the year were £176,020 (2022: £128,550).

36

Hope Rescue Annual Report 2022 - 2023

12.
COMPARATIVES FOR THE CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
Restricted
funds
£
Total
fund
s
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
570,169
-
570,169
Charitable activities
Grants
94,450
61,082
155,532
Other trading activities
440,402

-
440,402
Total
1,105,021
61,082
1,166,103
EXPENDITURE ON
Raising funds
88,623
-
88,623
Charitable Activities
CORE
943,851
120,210
1,064,061
Total expenditure
~~1,032,474~~
~~120,210~~
~~1,152,684~~
NET INCOME
~~72,457 ~~
~~(59,128)~~
~~13,149~~
Transfers between funds
~~-~~

-
~~-~~
Net movement in funds
72,457
(59,128)
13,149
RECONCILIATION OF FUNDS
Total funds brought forward
286,800

211,963
498,763
TOTAL FUNDS CARRIED FORWARD
359,34
~~7~~
152,835
512,18
2
570,169
-
570,169
94,450
61,082
155,532
440,402

-
440,402
1,105,021
61,082
1,166,103
88,623
-
88,623
943,851
120,210
1,064,061
1,032,474
120,210
1,152,684
72,457
(59,128)
13,149
~~-~~

~~-~~
~~-~~
72,457
(59,128)
13,149
286,800

211,963
498,763
~~359,347~~
~~152,835~~
512,182		 12.
COMPARATIVES FOR THE CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
Restricted
funds
£
Total
fund
s
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
570,169
-
570,169
Charitable activities
Grants
94,450
61,082
155,532
Other trading activities
440,402

-
440,402
Total
1,105,021
61,082
1,166,103
EXPENDITURE ON
Raising funds
88,623
-
88,623
Charitable Activities
CORE
943,851
120,210
1,064,061
Total expenditure
~~1,032,474~~
~~120,210~~
~~1,152,684~~
NET INCOME
~~72,457 ~~
~~(59,128)~~
~~13,149~~
Transfers between funds
~~-~~

-
~~-~~
Net movement in funds
72,457
(59,128)
13,149
RECONCILIATION OF FUNDS
Total funds brought forward
286,800

211,963
498,763
TOTAL FUNDS CARRIED FORWARD
359,34
~~7~~
152,835
512,18
2
570,169
-
570,169
94,450
61,082
155,532
440,402

-
440,402
1,105,021
61,082
1,166,103
88,623
-
88,623
943,851
120,210
1,064,061
1,032,474
120,210
1,152,684
72,457
(59,128)
13,149
~~-~~

~~-~~
~~-~~
72,457
(59,128)
13,149
286,800

211,963
498,763
~~359,347~~
~~152,835~~
512,182		 12.
COMPARATIVES FOR THE CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
Restricted
funds
£
Total
fund
s
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
570,169
-
570,169
Charitable activities
Grants
94,450
61,082
155,532
Other trading activities
440,402

-
440,402
Total
1,105,021
61,082
1,166,103
EXPENDITURE ON
Raising funds
88,623
-
88,623
Charitable Activities
CORE
943,851
120,210
1,064,061
Total expenditure
~~1,032,474~~
~~120,210~~
~~1,152,684~~
NET INCOME
~~72,457 ~~
~~(59,128)~~
~~13,149~~
Transfers between funds
~~-~~

-
~~-~~
Net movement in funds
72,457
(59,128)
13,149
RECONCILIATION OF FUNDS
Total funds brought forward
286,800

211,963
498,763
TOTAL FUNDS CARRIED FORWARD
359,34
~~7~~
152,835
512,18
2
570,169
-
570,169
94,450
61,082
155,532
440,402

-
440,402
1,105,021
61,082
1,166,103
88,623
-
88,623
943,851
120,210
1,064,061
1,032,474
120,210
1,152,684
72,457
(59,128)
13,149
~~-~~

~~-~~
~~-~~
72,457
(59,128)
13,149
286,800

211,963
498,763
~~359,347~~
~~152,835~~
512,182		 12.
COMPARATIVES FOR THE CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
Restricted
funds
£
Total
fund
s
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
570,169
-
570,169
Charitable activities
Grants
94,450
61,082
155,532
Other trading activities
440,402

-
440,402
Total
1,105,021
61,082
1,166,103
EXPENDITURE ON
Raising funds
88,623
-
88,623
Charitable Activities
CORE
943,851
120,210
1,064,061
Total expenditure
~~1,032,474~~
~~120,210~~
~~1,152,684~~
NET INCOME
~~72,457 ~~
~~(59,128)~~
~~13,149~~
Transfers between funds
~~-~~

-
~~-~~
Net movement in funds
72,457
(59,128)
13,149
RECONCILIATION OF FUNDS
Total funds brought forward
286,800

211,963
498,763
TOTAL FUNDS CARRIED FORWARD
359,34
~~7~~
152,835
512,18
2
570,169
-
570,169
94,450
61,082
155,532
440,402

-
440,402
1,105,021
61,082
1,166,103
88,623
-
88,623
943,851
120,210
1,064,061
1,032,474
120,210
1,152,684
72,457
(59,128)
13,149
~~-~~

~~-~~
~~-~~
72,457
(59,128)
13,149
286,800

211,963
498,763
~~359,347~~
~~152,835~~
512,182		 12.
COMPARATIVES FOR THE CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
Restricted
funds
£
Total
fund
s
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
570,169
-
570,169
Charitable activities
Grants
94,450
61,082
155,532
Other trading activities
440,402

-
440,402
Total
1,105,021
61,082
1,166,103
EXPENDITURE ON
Raising funds
88,623
-
88,623
Charitable Activities
CORE
943,851
120,210
1,064,061
Total expenditure
~~1,032,474~~
~~120,210~~
~~1,152,684~~
NET INCOME
~~72,457 ~~
~~(59,128)~~
~~13,149~~
Transfers between funds
~~-~~

-
~~-~~
Net movement in funds
72,457
(59,128)
13,149
RECONCILIATION OF FUNDS
Total funds brought forward
286,800

211,963
498,763
TOTAL FUNDS CARRIED FORWARD
359,34
~~7~~
152,835
512,18
2
570,169
-
570,169
94,450
61,082
155,532
440,402

-
440,402
1,105,021
61,082
1,166,103
88,623
-
88,623
943,851
120,210
1,064,061
1,032,474
120,210
1,152,684
72,457
(59,128)
13,149
~~-~~

~~-~~
~~-~~
72,457
(59,128)
13,149
286,800

211,963
498,763
~~359,347~~
~~152,835~~
512,182
570,169
94,450
440,402

1,105,021
88,623
943,851
~~1,032,474~~
570,169
94,450
440,402

1,105,021
88,623
943,851
1,032,474
-
61,082
-
61,082
-
120,210
-
61,082
-
61,082
-
120,210
~~120,210~~
120,210
~~72,457 ~~
~~-~~

72,457
286,800

359,34
~~7~~
72,457
~~-~~

72,457
286,800

~~359,347~~		 ~~(59,128)~~
-
(59,128)
211,963
152,835
(59,128)
~~-~~
(59,128)
211,963
~~152,835~~		 ~~13,149~~
~~-~~
13,149
498,763
512,18
2
13,149
~~-~~
13,149
498,763
512,182

37

Hope Rescue Annual Report 2022 - 2023

13. INTANGIBLE FIXED ASSETS – Group & company

COST
Other
Intangibl
e
Assets
£
At 1 April 2022
35,000
Additions
-
And 31 March 2023
~~35~~,000
AMORTISATION
At 1 April 2022
17,500
Charge for year
3,500
At 31 March 2023
21,000
NET BOOK VALUE
At 31 March 2023
~~14,0~~00
At 31 March 2022
~~17,5~~00
Other
Tangible
Assets
£
35,000
~~-~~
35,000
17,500
3,~~500~~
21,000
14,000
17,500		 COST
Other
Intangibl
e
Assets
£
At 1 April 2022
35,000
Additions
-
And 31 March 2023
~~35~~,000
AMORTISATION
At 1 April 2022
17,500
Charge for year
3,500
At 31 March 2023
21,000
NET BOOK VALUE
At 31 March 2023
~~14,0~~00
At 31 March 2022
~~17,5~~00
Other
Tangible
Assets
£
35,000
~~-~~
35,000
17,500
3,~~500~~
21,000
14,000
17,500
£
35,000
-
~~35~~,000
17,500
3,500
21,000
~~14,0~~00
~~17,5~~00
£
35,000
~~-~~
35,000
17,500
3,~~500~~
21,000
14,000
17,500

14. TANGIBLE FIXED ASSETS

Group & company

oup & company
Freehold
Freehold		 Long
Long		 Plant and
Plant and
property
property		 leasehold
leasehold		 machinery
machinery
£
£		 £
£		 £
£
COST
At 1 April 2022 894,256
894,256		 164,986
164,986		 17,595
17,595
Additions 49,345
49,345		 - - 2,325
2,325
Reclassification (35,077)
(35,077)		 - - -
-
At 31 March 2023 908,524
908,524		 164,986
164,986		 19,920
19,920
DEPRECIATION
At 1 April 2022 284,487
284,487		 164,986
164,986		 3,729
3,729
Charge for year 52,979
52,979		 - - 5,985
5,985
At 31 March 2023 337,466
337,466		 164,986
164,986		 9,714
9,714
NET BOOK VALUE
At 31 March 2023 ~~571,0~~58
571,058		 - - ~~10,2~~06
10,206
At 31 March 2022 609,769
609,769		 - - 13,866
13,866

38

Hope Rescue Annual Report 2022 - 2023

14. TANGIBLE FIXED ASSETS - continued

14.
TANGIBLE FIXED ASSETS - continued
COST
At 1 April 2022
Additions
Reclassification
At 31 March 2023
DEPRECIATION
At 1 April 2022
Charge for year
At 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022
15.
STOCKS
Stocks		 Fixtures
and
fittings
£		 Motor
Computer
vehicles
£
equipment
£
Totals
£
38,207
1,550
35,077
74,834
31,840
19,599
51,439
23,395
6,367
38,207
1,550
~~35,077~~
~~74,834~~
31,840
~~19,599~~
~~51,439~~
23,395
~~6,367~~		 44,420
19,000
-
63,420
44,420
2,375
46,795
16,625
-
44,420
19,000
-
~~63,420~~
44,420
~~2,375~~
~~46,795~~
16,625
~~-~~		 9,372
1,168,836
1,175
73,395
-
-
10,547
1,242,231
2,765
532,227
3,340
84,278
6,105
616,505
4,442
625,726
6,607
636,609
9,372
1,168,836
1,175
73,395
-
-
~~10,547~~
1~~,242,231~~
2,765
532,227
~~3,340~~
~~84,278~~
~~6,105~~
~~616,505~~
4,442
625,726
~~6,607~~
~~636,609~~
-

~~-~~
Group
2023
2022
£
£		 Charity
2023
2022
£
-
£
-
-
-
-
-
-
-
9,420
9,420
9,420
~~9,420~~		 7,950
7,950
7,950
~~7,950~~		 -
-
-
-

16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Amounts owed by group undertakings
Other debtors
VAT
Prepayments		 Group
2023
£
2022
£		 Group
2023
£
2022
£		 Charity
2023
£
2022
£
50,452
-
9,830
10,979
6,951
78,212
50,452
-
9,830
10,979
6,951
78,212		 42,416
-
4,743
7,727
5,725
60,611
42,416
-
4,743
7,727
5,725
60,611		 50,452
42,416
9,420
15,880
9,830
4,743
10,979
7,727
6,951
5,725
87,632
76,491
50,452
42,416
9,420
15,880
9,830
4,743
10,979
7,727
6,951
5,725
87,632
76,491

39

Hope Rescue Annual Report 2022 - 2023

17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Bank loan and overdrafts (see note 19)
Other loans
Trade creditors
Social Security and other taxes
Amounts owed to group undertakings
Accrued expenses		 Group
2023
2022
£
£		 Group
2023
2022
£
£		 Charity
2023
2022
£
£
5,435
9,078
59,298
14,472
-
45,463
145,264
5,435
9,078
59,298
14,472
-
45,463
145,264		 11,562
11,302
36,318
14,173
-
6,670
80,024
11,562
11,302
36,318
14,173
-
6,670
80,024		 5,435
11,562
9,078
11,302
59,298
36,318
14,472
14,173
-
7,930
45,463
6,670
145,264
87,955
5,435
11,562
9,078
11,302
59,298
36,318
14,472
14,173
-
7,930
45,463
6,670
145,264
87,955

18. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Group and charity

Bank loans (see note 19)
Other loans (see note 19)
19.
LOANS
Group and charity
An analysis of the maturity of loans is given below:
Amounts falling due within one year on
demand: Bank loans
Other loans
Amounts falling between one and two years:
Bank loans - 1-2 years
Other loans - 1-2 years
Amounts falling due between two and five
years: Bank loans - 2-5 years
Other loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal
Other loans more 5yrs instal		 2023
£		 2022
£
118,402
365,963
484,365
118,402
365,963
484,365		 143,848
373,958
517,806
143,848
373,958
517,806
2023
£		 2022
£
5,435
9,078
14,513
5,850
9,822
~~15,672~~
20,194
34,484
~~54,678~~
92,358
321,657
~~414,015~~
5,435
9,078
14,513
5,850
9,822
15,672
20,194
34,484
54,678
92,358
321,657
414,015		 11,561
11,302
22,863
12,400
11,814
~~24,214~~
20,553
37,628
~~58,181~~
110,895
324,516
~~435,411~~
11,561
11,302
22,863
12,400
11,814
24,214
20,553
37,628
58,181
110,895
324,516
435,411

40

Hope Rescue Annual Report 2022 - 2023

20. MOVEMENT IN FUNDS

Unrestricted funds
Hope Rescue Enterprises Ltd
Hope Rescue
General fund
Designated Funds - Project Funding
Designated Funds - Welfare Contingency
Designated Funds - Repayment of loan
element of WCVA
Restricted funds
Capital Grant Fund
WCVA
Llanharan Community Council
Dezna Robin Jones Foundation
Wales Church Act
Welsh Water Community
Llanharan Council
Kennel Configuration
Jean Sainsbury Trust
Millenium Stadium Charitable Trust
Christmas Campaign
Disabled Access Ramp
TOTAL FUNDS		 Net

movement
At 1.4.22
in funds
£
£		 Transfers
between
funds
£		 At
31.3.23
£
-
10,483
244,347
(251,444)
30,000
-
60,000
-
~~25,000~~
~~-~~
359,347
(240,961)
110,283
(15,533)
27,750
-
(1,000)
-
-
5,000
6,057
12,057
500
-
2,000
-
7,245
7,000
-
25,000
-
2,499
-
2,500
-
1,250
152,835
39,773
512,182
(201,188)
-
10,483
244,347
(251,444)
30,000
-
60,000
-
25,000
-
359,347
(240,961)
110,283
(15,533)
27,750
-
(1,000)
-
-
5,000
6,057
12,057
500
-
2,000
-
7,245
7,000
-
25,000
-
2,499
-
2,500
-
1,250
152,835
39,773
512,182
(201,188)		 (10,483)
97,091
-
-
~~(25,000)~~
61,608
-
-
1,000
(5,000)
(18,114)
(500)
(2,000)
(14,245)
(19,000)
(2,499)
-
(1,250)
(61,608)
-
(10,483)
97,091
-
-
(25,000)
61,608
-
-
1,000
(5,000)
(18,114)
(500)
(2,000)
(14,245)
(19,000)
(2,499)
-
(1,250)
(61,608)
-		 89,994
30,000
60,000
~~-~~
179,994
94,750
27,750
-
-
-
-
-
-
6,000
-
2,500
-
131,000
310,994
89,994
30,000
60,000
-
179,994
94,750
27,750
-
-
-
-
-
-
6,000
-
2,500
-
131,000
310,994

41

Hope Rescue Annual Report 2022 - 2023

20. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
Hope Rescue Enterprises Ltd
Hope Rescue - General fund
Restricted funds
Capital Grant Fund
Dezna Robin Jones Foundation
Wales Church Act
Schnauzerfest
Kennel Configuration
Jean Sainsbury Trust
Millenium Stadium Charitable Trust
Veterinary costs support
Christmas Campaign
Disabled Access Ramp
Rescue Centre running costs support
TOTAL FUNDS		 Incoming
Resources
resources
expended
£
£		 Movement
in funds
£
40,354
(29,871)
1,240,330
(1,491,774)
-
(15,533)
5,000
-
12,057
-
10,000
(10,000)
7,000
-
25,000
-
2,499
-
53,850
(53,850)
2,500
-
1,250
-
7,500
(7,500)
126,656
(86,883)
1,407,340
(1,608,528)
40,354
(29,871)
1,240,330
(1,491,774)
-
(15,533)
5,000
-
12,057
-
10,000
(10,000)
7,000
-
25,000
-
2,499
-
53,850
(53,850)
2,500
-
1,250
-
7,500
(7,500)
126,656
(86,883)
1,407,340
(1,608,528)		 10,483
(240,961)
(15,533)
5,000
12,057
-
7,000
25,000
2,499
-
2,500
1,250
-
39,773
(201,188)
10,483
(240,961)
(15,533)
5,000
12,057
-
7,000
25,000
2,499
-
2,500
1,250
-
39,773
(201,188)

42 Hope Rescue Annual Report 2022 - 2023

20. MOVEMENT IN FUNDS - continued Comparatives for movement in funds

Unrestricted funds
Hope Rescue Enterprises Ltd
Hope Rescue
General fund
Designated Funds - Project Funding
Designated Funds - 2021/22 salaries
Designated Funds - Welfare Contingency
Designated Funds - Repayment of loan
element of WCVA
Restricted funds
Capital Grant Fund
WCVA
The Carmela and Ronnie Pignatelli
Foundation
Llanharan Community Council
Home form Home Kennel Build-Legacy
Wales Church Act
Welsh Water Community
Llanharan Council
Kennel Configuration
TOTAL FUNDS		 Net
movement
At 1.4.21
in funds
£
£		 Net
movement
At 1.4.21
in funds
£
£		 Transfers
between
At
funds
31.3.22
£
£
-
186,460
72,340
28,000
-
-
286,800
125,816
60,000
1,147
-
25,000
-
-
-
-
211,963
498,763
-
186,460
72,340
28,000
-
-
286,800
125,816
60,000
1,147
-
25,000
-
-
-
-
211,963
498,763		 7,931
142,887
(42,340)
(28,000)
-
-
72,547
(15,533)
(32,250)
(1,147)
(1,000)
-
6,057
500
2,000
(17,755)
(59,128)
13,419
7,931
142,887
(42,340)
(28,000)
-
-
72,547
(15,533)
(32,250)
(1,147)
(1,000)
-
6,057
500
2,000
(17,755)
(59,128)
13,419		 (7,931)
-
(77,069)
244,347
-
30,000
-
-
60,000
60,000
25,000
25,000
-
359,347
-
110,283
-
27,750
-
-
-
(1,000)
(25,000)
-
-
6,057
-
500
-
2,000
25,000
7,245
-
152,835
-
512,182
(7,931)
-
(77,069)
244,347
-
30,000
-
-
60,000
60,000
25,000
25,000
-
359,347
-
110,283
-
27,750
-
-
-
(1,000)
(25,000)
-
-
6,057
-
500
-
2,000
25,000
7,245
-
152,835
-
512,182

43

Hope Rescue Annual Report 2022 - 2023

20. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above
Unrestricted funds
Hope Rescue Enterprises Ltd
Hope Rescue - General fund
Designated Funds - Project Funding
Designated Funds - 2021/22 salaries
Restricted funds
Capital Grant Fund
WCVA
Hobson Charity
The Carmela and Ronnie Pignatelli
Foundation
Llanharan Community Council
Michael & Shirley Hunt
National Lottery
Dezna Robin Jones Foundation
Wales Church Act
Welsh Water Community
Llanharan Council
Schnauzerfest
Trivallis Community Fund
Taff Ely Wind Farm
Kennel Configuration		 are as follows:
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
36,253
(28,322)
7,931
1,040,446
(905,490)
134,956
-
(42,340)
(42,340)
-
(28,000)
(28,000)
1,076,699
(1,004,152)
72,547
-
(15,533)
(15,533)
15,000
(47,250)
(32,250)
8,400
(8,400)
-
-
(1,147)
(1,147)
-
(1,000)
(1,000)
2,000
(2,000)
-
10,000
(10,000)
-
1,625
(1,625)
-
12,057
(6,000)
6,057
500
-
500
2,000
-
2,000
8,000
(8,000)
-
1,000
(1,000)
-
500
(500)
-
-
(17,755)
(17,755)
61,082
(120,210)
(59,128)
36,253
(28,322)
7,931
1,040,446
(905,490)
134,956
-
(42,340)
(42,340)
-
(28,000)
(28,000)
1,076,699
(1,004,152)
72,547
-
(15,533)
(15,533)
15,000
(47,250)
(32,250)
8,400
(8,400)
-
-
(1,147)
(1,147)
-
(1,000)
(1,000)
2,000
(2,000)
-
10,000
(10,000)
-
1,625
(1,625)
-
12,057
(6,000)
6,057
500
-
500
2,000
-
2,000
8,000
(8,000)
-
1,000
(1,000)
-
500
(500)
-
-
(17,755)
(17,755)
61,082
(120,210)
(59,128)

44 Hope Rescue Annual Report 2022 - 2023

DESIGNATED FUNDS

Project funding

Funds to be used for the continued improvement of the rescue centre.

Welfare Contingency

Funds to be used for service delivery – welfare and kennel operations only.

RESTRICTED FUNDS

Capital grant fund

Funding received from multiple funders to improve the centre facilities for the dogs and staff.

WCVA

Grant received for recruitment of Facilities Manager/Enterprise Development Manager/Grants Officer and IIV/IIP.

Llanharan Community Council

Grant received for kennel tiling and towards the new staff welfare facilities.

Dezna Jones Foundation

Grant received from the Foundation for use towards property improvements and maintenance.

Wales Church Act

Grant received towards the new staff welfare facilities.

Welsh Water Community

Grant received towards the new staff welfare facilities.

Kennel Configuration

Grants received from multiple funders towards the improvement of the kennel facilities at the centre.

Jean Sainsbury Trust

Grant received to purchase a new van for the centre.

Millenium Stadium

Grant received towards improvement of the centre facilities for the dogs and staff.

Veterinary cost support

Grants received from multiple organisations to help the charity with the growing veterinary costs.

Christmas Campaign

Grant received for the running of the Christmas campaign.

Disabled Ramp Access

Funding received towards the new disabled access ramp at the centre.

Rescue Centre running costs support

Grants from multiple funders to be used towards the running costs of the centre.

45

Hope Rescue Annual Report 2022 - 2023

21. CAPITAL COMMITMENTS

Contracted but not provided for in the financial statements 2023
2022
£
£
176,250
-
176,250
-

The above commitments are for improvements to the Rescue Centre and funding is in place from the National Lottery and Battersea Dogs and Cats Home for the costs.

22. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2023.

46

Hope Rescue Annual Report 2022 - 2023

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