2023-02-28-accounts - Dogstar Foundation (Legacy)

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Trustees' Annual Report for the period

From

Period start date Period end date March 2022 Feb 2023 1[st] 28[th] To

Section A

Reference and administration details

Charity name Dogstar Foundation

Other names charity is known by Dogstar Registered charity number (if any) 1133431

Charity's principal address 7 Bell Yard London Postcode WC2A 2JR

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
	Mark Green	Chair
	Angela Addison
	AislingGreen

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

March 2014

TAR

Names and addresses of advisers (Optional information)

Names and addresses of	advisers (Optional information)	advisers (Optional information)
Type of adviser	Name Address




Name of chief executive or names of senior staff members (Optional information)


Section B Structure, governance and management
Description of the charity’s trusts Type of governing document (eg. trust deed, constitution) How the charity is constituted (eg. trust, association, company) Trustee selection methods (eg. appointed by, elected by) Additional governance issues (Optional information) Youmay chooseto include additional information, where relevant, about: • policies and procedures adopted for the induction and training of trustees; • the charity’s organisational structure and any wider network with which the charity works; Dogstar Foundation delivers its charitable aims in two ways: Through direct delivery of services in Sri Lanka by our own staff and volunteers. Collaboration on fixed term projects and relief work with other international al NGOs. This is now transitioned through the new CIO registered charity 1188754. Constitution Association Appointed by existing Trustees
		Dogstar Foundation delivers its charitable aims in two ways: Through direct delivery of services in Sri Lanka by our own staff and volunteers. Collaboration on fixed term projects and relief work with other international al NGOs. This is now transitioned through the new CIO registered charity 1188754.

relationship with any related parties;
Trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities To prevent and alleviate, for the public benefit, the suffering of companion and community (stray) dogs and cats in Sri Lanka through the provision of veterinary care, including sterilization, vaccinations, Summary of the objects of the treatment, and research for disease. charity set out in its governing document To advance public education in the health care and management of such animals.

March 2014

TAR

Dogstar Foundation now operates through the transition to the new CIO registered charity 1188754.

The trustees believe that at all times the activities undertaken by the charity support both our aims and satisfy the requirements issued by the charity commission on public benefit.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

Policy on grantmaking;
Policy programme related investment;
Contribution made by volunteers.

March 2014

TAR

Section D

Summary of the main achievements of the charity during the year

Achievements and performance

Dogstar Foundation now operates through the new CIO registered charity 1188754.

This has been a year transitioning to the new structure with a transfer of assets to the new entity.

1133431 will remain in place for the benefit of legacies and to complete final asset transfers.

The achievements of the transition are as follows:

The charity carries out a wide range of activities in pursuance of its charitable aims, and these aims are for the public benefit as defined by the Charities Act.

The 2022 Sri Lankan financial crisis provided a unique set of challenges for the charity's operations.

In February, a lack of foreign reserves resulted in fuel shortages for power stations. Load shedding ( power rationing ) was introduced with scheduled daily power cuts of between 2 and 13 hours daily.

The Central Bank's relaxation of the currency peg on March 8th resulted in rapid devaluation of the Sri Lanka Rupee against the dollar, triggering hyperinflation.

On March 12th, The IMF released a statement saying publicly for the first time that the lender had found Sri Lanka's debt to be unsustainable.

With foreign reserves depleted, restrictions were placed on importing "nonessential items." creating shortages of bottled gas and panic buying of food and medicines.

On April 12th, Sri Lanka defaulted on its sovereign debt. Fitch downgraded Sri Lanka's long-term currency IDR to "C" and further downgraded to "RD" in May.

Periods of political and social unrest followed the county was placed under state of emergency regulations three times, and the FCDO twice gave travel advice of "essential travel only." Two recently employed overseas staff based in Sri Lanka resigned, and a major grant giver cancelled a project assessment visit.

All private fuel sales of Petrol / Diesel were suspended from June 18th till July 14th, as limited supplies returned queues of 3-4 days were common and sales, when available, were restricted to 7 liter’s.

The Sri Lankan President resigned following protesters storming government buildings on July 9th. Mass gatherings and protests have been banned by his successor.

A weekly fuel allowance per vehicle was introduced in August by use of a QR code.

In September, the IMF announced a staff-level agreement to support Sri Lanka with a 48-month Extended Fund Facility.

The year ended with key inflation easing slightly to 57.2 %, down from a high of 69.8% in September.

During this time, understandably, our program delivery was frequently impacted due to the shortages of power, fuel, consumables, curfews, and restrictions on movement.

Multiple staff experienced well-being issues caused by stress, uncertainty, and financial factors. Support systems were introduced, including emergency payments.

March 2014

TAR

Section D

Achievements and performance

Despite all of the above, the teams were able to surgically sterilise 6983 dogs and 2609 cats and vaccinate 7922 dogs and cats against Rabies, a fatal zoonotic disease.

These accomplishments are a clear testament to the team's professionalism, unwavering dedication, and sheer perseverance in the face of unprecedented challenges. They also highlight the exemplary leadership of the CEO (UK National), who chose to stay in Sri Lanka throughout 2022 despite the travel advice issued by FCDO.

March 2014

TAR

Section E

Financial review

A small level of reserves are maintained to finalise the transition to the Brief statement of the new CIO registered charity 1188754. charity’s policy on reserves

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

The funding shown on the accounts are residual during the process of transition to the new CIO registered charity 1188754.

The charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F

Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, Chair etc) Date 01/11/2023

March 2014

TAR

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ DOGSTAR FOUNDATION members of On accounts for the year 28/02/2023 Charity no 1133431 ended (if any) Set out on pages 1-2 (remember to include the page numbers of additional sheets)

Respective The charity's trustees are responsible for the preparation of the accounts.
responsibilities of The charity’s trustees consider that an audit is not required for this year
trustees and examiner under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: • examine the accounts under section 145 of the Charities Act, • to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
• to state whether particular matters have come to my attention.
Basis of independent My examination was carried out in accordance with general Directions examiner’s statement given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent In connection with my examination, no matter has come to my attention
examiner's statement (other than that disclosed below *) 1. which gives me reasonable cause to believe that in, any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
- have not been met; or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 01/11/23 Name: Relevant professional Accountant qualification(s) or body (if any): Address:

March 2016

IER

Section B

Disclosure

Only complete if the examiner needs to highlight material problems.

Give here brief details of any items that the examiner wishes to disclose .

March 2016

IER

Charity Name Dogstar Foundation

No (if any) 1133431

Receipts and payments accounts

CC16a

For the period Period start date Period end date To from 01/03/2022 28/02/2023

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ 124,178 20,636 2,643 - - - - - 147,457 - - - 147,457	Restricted funds to the nearest £	Endowment funds to the nearest £	Total funds to the nearest £	Last year to the nearest £
Donation Income	124,178	-	-	124,178	398,360
Grants	20,636	-	-	20,636	209,969
Gift Aid	2,643	-	-	2,643	73,400
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
*Sub total*(Gross income for AR)	147,457	-	-	147,457	681,729

A2 Asset and investment sales, (see table).
	-
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
					681,729

Vet Supplies & Equipment	17,873	-	-	17,873	85,021
Sirius Clinics	12,996	-	-	12,996	347,414
Website	2,874	-	-	2,874	16,528
Marketing& PR	998	-	-	998	81,874
Trainining	1,006	-	-	1,006	16,708
Administration & Postage	3,047	-	-	3,047	10,184
Transfer to CIO	125,000	-	-	125,000	260,000
	-	-	-	-	-
	-	-	-	-	-
*Sub total*	163,794	-	-	163,794	817,729

A4 Asset and investment purchases, (see table)
	-
	-
*Sub total*	-				-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					817,729

	- 16,337			- 16,337	- 136,000
	-			-	-
	25,158			25,158	161,158
	8,821			8,821	25,158

Section B Statement of assets and liabilities at the end of the period

CCXX R1 accounts (SS) Categories B1 Cash funds	Current Account Details *Total cash funds* (agree balances with receipts and payments account(s))	Unrestricted funds to nearest £ 8,821 - - 8,821 OK	02/11/2023 Restricted funds Endowment funds to nearest £ to nearest £ - - - - - - - OK OK	Endowment funds to nearest £
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Details Details	Fund to which asset belongs Fund to which liability relates	Cost (optional) - - - - - - - - - Amount due (optional)	Current value (optional)
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Signature	Print Name Chair
			Date of approval
	Chair		01/11/2023

CCXX R2 accounts (SS)

02/11/2023