2020-12-31-accounts - Forever Hounds Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		Page
Reference and Administrative Details ofthe Charity, its Trustees	and Advisers
Trustees' Report		2-7
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet		10-11
Statement of Cash Flows		12
Notes to the Financial Statements		13-30

Trustees		Jan Lake, Chair	Jan Lake, Chair
		Patricia Wilder	(resigned			30June 2021)
		Andrew Kirchin	(resigned			8	May 2021)
		Jo Haylock (resigned 8 August 2020)
		Peter Stevenson,		Secretary
		Judith Adams	(appointed			8	May 2021)
		Adina Claire (appointed			8	May 2021)
		Grace Nattrass	(appointed				8 May 2021)
		Bethany Evans	(resigned			9	February 2020)
Company	registered
number		06985367
Charity registered
number		1131399
Registered	office	The Dovecote,	Little Baldon
		Nuneham Courtenay
		Oxford
		OX44 9PU
Company	secretary	Peter Stevenson
Accountants		Bishop Fleming		LLP
		Chartered Accountants
		10Temple Back
		Bristol
		BS16FL
Bankers		Santander UK	PLC
		Bridle Road
		Bootle
		Merseyside
		GIR OAA
		HSBC UK
		86 High Street
		Honiton
		Devon
		EX14 1JN
		NatWest Bank
		740 Waterside	Drive
		Aztec West
		Almondsbury
		BS995BD

				Restricted	Unrestricted	Total	Total
				funds	funds	funds	funds
				2020	2020	2020	2019
			Note	f.	E		E
Income from:
Donations and legacies				38,500	499,331	537,831	606,830
Charitable activities					122,76'I	122,761	107,863
Other trading activities:
Fundraising					68,183	68,183	59,607
Trading activities					90,983	90,983	103,520
Investments					696	696	3,494
Total income				38,500	781,954	820,454	881,314
Expenditure on:
Raising funds:
Voluntary income					4,689	4,689	5,912
Fundraising trading					26,599	26,599	29,208
Charitable activities				55,465	765,170	820,635	743,663
Total expenditure				55,465	796,458	851,923	778,783
Net (expenditure)/income		before net
gains on investments				(16,965)	(14,504)	(31,469)	102,531
Net gains on investments							898
Net movement in funds				(16,965)	(14,504)	(31,469)	103,429
Reconciliation offunds:
Total funds brought	forward			39,680	593,811	633,491	530,062
Net movement in funds				(16,965)	(14,504)	(31,469)	103,429
				22,715	579,307	602,022	633,491
Total funds carried	forward

					2020		2019
			Note
Fixed assets
Tangible assets			12		613,560		49,946
					613,560		49,946
Current assets
Stocks				8,624		9,046
Debtors			13	209,071		240,702
Cash at bank and		in hand		124,203		368,128
				341„898		617,876
Creditors: amounts		falling due within one
year			14	(62,023)		(34,331)
Net current assets					279,875		583,545
Total assets less		current liabilities			893,435		633,491
Creditors: amounts		falling due after more
than one year			15		(291,413)
Total net assets					602,022		633,491
Charity funds
Restricted funds			16		22,715		39,680
Unrestricted funds
Designated funds			16	282,329		280,000
General funds			16	296,978		313,811
Total unrestricted	funds		16		579,307		593,811
Total funds					602,022		633,491

				2020f	2019
Cash flows from operating activities
Net cash	used in operating activities			354,212	98,309
Cash flows from investing activities
Dividends,	interests and rents from investments			696	3,494
Proceeds	from the sale oftangible fixed	assets		43	500
Purchase	oftangible fixed assets			(598,876)	(24,479)
Proceeds	from sale of investments				8,679
Net cash	used in investing activities			(598,137)	(11,806)
Cash flows from financing activities
Net cash	provided by financing activities
Change in cash and cash equivalents		in	the year	(243,925)	86,503
Cash and	cash equivalents at the beginning		ofthe year	368,128	281,625
Cash and	cash equivalents at the end	of	the year	124,203	368,128
The notes	on pages 13to 30 form part ofthese financial statements

			Restricted	Unrestricted	Total	Total
			funds	funds	funds	funds
			2020	2020	2020	2019
			f	f.		F
Donations				202,350	202,350	206,873
Legacies				249,815	249,815	368,496
Grants			38,500	38,750	77,250	31,461
Coronavirus	Job Retention	Scheme Grant		8,416	8,416
			38,500	499,331	537,831	606,830
TOTAL 201	9		25,193	581,637	606,830

		Unrestricted	Total	Total
		funds	funds	funds
		2020f	2020f	2019 F
Sales ofdog merchandise		68,894	68,&94	60,581
Homing	donations	42,470	42,470	35,494
Dog intake donations		5,170	5,170	7,908
Homing	fees	6,227	6,227	3,880
		122,761	122,761	107,863
TOTAL	2019	107,863	107,863

			Unrestricted	Total	Total
			funds	funds	funds
			2020	2020	2019
			F
50/50 club			6,508	6,508	5,858
Raffle and draws			4,234	4,234	1,278
Sponsorship	events		617	617	150
Commission			22,611	22,611	20,980
Friends subscriptions			22,571	22,571	21,918
Sponsor-a-dog		subscriptions	11,642	11,642	9,423
			68,183	68,183	59,607
TOTAL 2019			59,607	59,607

			Unrestricted	Total	Total
			funds	funds	funds
			2020	2020	2019
	Trading	activities	90,983	90,983	103,520
	TOTAL	2019	103,520	103,520
6.	INVESTMENT INCOME

		Unrestricted	Total	Total
		funds	funds	funds
		2020	2020	2019
		E
Income from local listed investments		661	661	1,254
Investment	income - local cash	35	35	2,240
		696	696	3,494
TOTAL 2019		3,494	3,494

			Unrestricted	Total	Total
			funds	funds	funds
			2020	2020	2019
			F	E	E
Costs ofraising	voluntary	income	4,689	4,689	5,912
TOTAL 2019			5,912	5,912

		Unrestricted	Total	Total
		funds	funds	funds
		2020	2020f	2019
50/50 club		2,618	2,618	4,018
Raffle and	draw costs	500	500
Marketing	materials	975	975	356
Friends costs		539	539	5,619
		4,632	4,632	9,993
TOTAL 2019		9,993	9,993

OTHER	TRADING EXPENSES	TRADING EXPENSES
			Unrestricted	Total	Total
			funds	funds	funds
			2020	2020	2019
			E	E	E
Non-dog	merchandise	costs	21,967	21,967	19,215
TOTAL	2019		19,215	19,215

		Restricted	Unrestricted	Total	Total
		funds	funds	funds	funds
		2020	2020	2020	2019
		F		f.	E
Animal	rescue	55,465	765,170	820,635	743,663
TOTAL	2019	24,061	719,602	743,663

		Activities
		undertaken	Support	Total	Total
		directly	costs	funds	funds
		2020f	2020f	2020f	2019f
Animal	rescue	590,926	229,709	820,635	743,663
TOTAL	2019	516,002	227,661	743,663

	Animal	Total	Total
	rescue	funds	funds
	2020f	2020f	2019f
Staff costs	278,612	278,612	249,189
Kennel costs	154,092	154,092	145,960
Veterinary costs	105,076	105,076	76,618
Other staff costs	20	20	336
Dog merchandise	53,126	53,126	43,899
	590,926	590,926	516,002
TOTAL 2019	516,002	516,002

								Animal	Total	Total
								rescue	funds	funds
								2020	2020	2019
									E	E
	Depreciation							35,262	35,262	16,286
	Advertising,	Publicity		and information			leaflets	3,031	3,031	5,639
	Postage, printing		and	stationery				22,535	22,535	10,998
	Motor expenses							10,020	10,020	19,757
	Professional	and consultancy			fees			32,580	32,580	44,936
	Bookkeeping	and	administration							307
	Telephone							12,017	12,017	13,254
	Irrecoverable	VAT								2,685
	Computer expenses							22,919	22,919	18,060
	Travelling costs							10,378	10,378	14,229
	Insurance							6,716	6,716	4,636
	Bank charges							7,712	7712	10,683
	(Profit)/Loss	on sale offixed			assets			(43)	(43)	(500)
	Sundry							8,505	8,505	2,639
	Premises costs							47,233	47,233	53,171
	Governance	costs						10,439	10,439	9,026
	Training							405	405	1,855
								229,709	229,709	227,661
	TOTAL 2019							227,661	227,661
10.	STAFF COSTS
									2020	2019
									E
	Wages and salaries								259,967	234,138
	Social security costs								11,705	12,131
	Contribution	to defined		contribution		pension schemes			6,940	2,920
									278,612	249,189

		2020	2019
		No.	No.
Total	employees	20	16

	Freehold	Freehold	Motor	Office	Moveable
	property	f	vehicles f	equipment f	assets f	Total
COST OR VALUATION
At 1 January 2020			88,829	24,055	56,895	169,779
Additions	581,595		14,371	2,561	349	598,876
Disposals			(6,951)			(6,951)
At 31 December 2020	581,595		96,249	26,616	57,244	761,704
DEPRECIATION
At 1 January 2020			66,631	21,303	31,899	119,833
Charge for the year			21„072	2,670	11,520	35,262
On disposals			(6,951)			(6,951)
At 31 December 2020			80,752	23,973	43,419	148,144
NET BOOK VALUE
At 31 December 2020	581,595		15,497	2,643	13,825	613,560
At 31 December 2019			22,198	2,752	24,996	49,946

		2020	2019
			E
DUE WITHIN	ONE YEAR
Other debtors		29,115	26,854
Prepayments	and accrued income	179,956	213,848
		209,071	240,702

			2020	2019
				E
Bank loans			7,853
Trade creditors			39,152	23,914
Other taxation	and social security		7,408	3,491
Other creditors			3	3
Accruals and deferred		income	7,607	6,923
			62,023	34,331

2020	2019
E
291,413

					2020
					E
Payable	or	repayable	by	instalments	257„358
					257,358

STATEMENT OF FUNDS - CU	RRENT YEAR
					Balance at
	Balance at 1				31
	January			Transfers	December
	2020	Income E	Expenditure E	in/out E	2020f
UNRESTRICTED FUNDS
DESIGNATED FUNDS
Designated Property Fund	280,000			2,329	282,329
GENERAL FUNDS
General Funds	313,811	781,954	(796,458)	(2,329)	296,978
TOTAL UNRESTRICTED
FUNDS	593,811	781,954	(796,458)		579,307
					Balance at
	Balance at 1				31
	January			Transfers	December
	2020	Income	Expenditure	in/out	2020
	f.	f.	E	E	E
RESTRICTED FUNDS
Support Adoption for Pets - Van
donation	2,259		(2,259)
LEAndrews Charitable Trust-
Van donation	6,333		(6,333)
L E Andrews - Van donation	15,120		(12,197)		2,923
Battersea Animal Partners
Grant	13,968		(6,984)		6,984
Co-op Local Community fund	2,000		(1,005)		995
Mrs D M France- Hayhurst
Foundation -Van donation		4,500	(562)		3,938
Support Adoption for Pets - Vet
costs		20,000	(20,000)
LEAndrews -Van donation		5,000	(625)		4,375
Battersea Dogs and Cats
Home - van for behaviourists		4,000	(500)		3,500
Battersea Dogs and Cats
Home - extra kennel spaces		5,000	(5,000)
	39,680	38,500	(55,465)		22,715
TOTAL OF FUNDS	633,491	820,454	(851,923)		602,022

						Balance at
	Balance at					31
	1 January			Transfers	Gains/	December
	2019	Income	Expenditure	in/out	(Losses)	2019
	E	E			E	F
UNRESTRICTED
FUNDS
DESIGNATED
FUNDS
Cottage kennels				280,000		280,000
GENERAL FUNDS
General Funds	478,057	856,121	(754,722)	(266,543)	898	313,811
TOTAL
UNRESTRICTED
FUNDS	478,057		(754,722)	13,457	898	593,811
RESTRICTED
FUNDS
Support Adoption
for Pets —Van
donation	5,747		(3,488)			2,259
LEAndrews
Charitable Trust-
Van donation	13,542		(7,209)			6,333
Mrs D M France-
Hayhurst
Foundation Van
donation	1,350		(1,350)
Support Adoption
for Pets	1,349		(1,349)
L EAndrews -Van
Donation	19,556		(4,436)			15,120
Jean Sainsbury
Animal Welfare
Trust	4,461		(4,461)
Mars PetCare	6,000			(6,000)
Battersea Animal
Partners Grant		25,193		(11,225)		13,968
Co-op Local
Community fund			(1,768)	3,768		2,000

						Balance at
	Balance at					31
	1 January			Transfers	Gains/	December
	2019	Income	Expenditure	in/out	(Losses)	2019
	E	E	F
	52,005	25,193	(24,061)	(13,457)		39,680
TOTAL OF
FUNDS	530,062	25,193	(778,783)		898	633,491

SUMMARY	OF FUNDS	- CURRENT YEAR
						Balance at
		Balance at 1				31
		January			Transfers	December
		2020	Income	Expenditure	in/out	2020
		F				E
Designated	funds	280,000			2,329	282,329
General funds		313,811	781,954	(796,458)	(2,329)	296,978
Restricted	funds	39,680	38,500	(55,465)		22,715
		633,491	820,454	(851,923)		602,022

							Balance at
		Balance at					31
		1 January			Transfers	Gains/	December
		2019	Income	Expenditure	in/out	(Losses)	2019
Designated
funds					280,000		280,000
General funds		478,057	856,121	(754,722)	(266,543)	898	313,811
Restricted	funds	52,005	25,193	(24,061)	(13,457)		39,680
		530,062	881,314	(778,783)		898	633,491

ANALY	SIS O	F NET ASSETS BETWEEN FUNDS	- CURRENT PERIOD
			Restricted	Unrestricted	Total
			funds	funds	funds
			2020 f	2020	2020
Tangible	fixed	assets	14,736	598,824	613,560
Current	assets		7,979	333,919	341,898
Creditors	due	within one year		(62,023)	(62,023)
Creditors	due	in more than one year		(291,413)	(291,413)
TOTAL			22,715	579,307	602,022

			Restricted	Unrestricted	Total
			funds	funds	funds
			2019	2019	2019
				F
Tangible	fixed	assets	23,642	26,304	49,946
Current	assets		21,381	596,495	617,876
Creditors	due	within one year	(5,343)	(28,988)	(34,331)
			39,680	593,811	633,491

	RECONCILIATION	OF NET MOVEMENT	OF NET MOVEMENT	OF NET MOVEMENT	IN FUNDS TO NET	IN FUNDS TO NET	CASH FLOW	FROM OPERATING	FROM OPERATING
19.	ACTIVITIES
								2020	2019
								E
	Net income/expenditure		for the	period	(as per	Statement	of Financial
	Activities)							(31,469)	103,429
	ADJUSTNIENTS FOR:
	Depreciation charges							35,262	16,286
	Gains/(losses) on investments								(898)
	Dividends, interests	and	rents from	investments				(696)	(3,494)
	Profit on the sale of	fixed assets						(43)	(500)
	Decrease in stocks							422	3,139
	Decrease/(increase)	in debtors						30,594	(6,666)
	Increase/(decrease)	in creditors						320,142	(12,987)
	NET CASH PROVIDED		BYOPERATING ACTIVITIES					354,212	98,309
20.	ANALYSIS OF CASH AND CASH			EQUIVALENTS
								2020	2019
									F
	Cash in hand							124,203	368,128
	TOTAL CASH AND	CASH EQUIVALENTS						124,203	368,128
21.	ANALYSIS OF CHANGES IN NET			DEBT
							At 1		At 31
							January		December
							2020	Cash flows	2020
								f.
							E
	Cash at bank and in	hand					368,128	(243,925)	124,203
	Debt due within 1 year							(7,853)	(7,853)
	Debt due after 1 year							(291,413)	(291,413)
							368,128	(543,191)	(175,063)

			2020	2019
			E	E
Not later than		1 year	35,500	35,500
Later than	1 year and not later than 5years		80,000	95,500
Later than	5years		10,708	30,708
			126,208	161,708