2023-05-31-accounts - Four Paws Cat Rescue

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Registered Charity Number :- 1138455

FOUR PAWS CAT RESCUE

FINANCIAL STATEMENTS

FOR THE YEAR END 31 May 2023

Four Paws Cat Rescue 2 Wheatley Road Forest Hill

Oxford

FOUR PAWS CAT RESCUE

CONTENTS

FOR THE YEAR ENDED 31 May 2023

REFERENCE AND ADMINISTRATIVE INFORMATION ........................................................................................... 3 INDEPENDENT EXAMINER'S REPORT ....................................................................................................................... 4 STATEMENT OF FINANCIAL ACTIVITIES ................................................................................................................ 5 BALANCE SHEET ........................................................................................................................................................... 6 NOTES TO THE FINANCIAL STATEMENTS .............................................................................................................. 7

FOUR PAWS CAT RESCUE

REFERENCE AND ADMINISTRATIVE INFORMATION

FOR THE YEAR ENDED 31 May 2023

Chairman:	Mrs Julie Jones
Trustees	Mrs Julie Jones
	Miss Michelle Innes
	Mrs Teresa Brown
Charity Registered	1138455
Number
Registered Office	2 Wheatley Road
	Forest Hill
	Oxford
	OX33 1EH
Independent Examiner	Mrs Marina Legge FCCA
	Chimes Accountancy Services Ltd
	G02 Terriers House
	Amersham Road
	High Wycombe
	Bucks
	HP13 5AJ

FOUR PAWS CAT RESCUE

INDEPENDENT EXAMINER'S REPORT

FOR THE YEAR ENDED 31 May 2023

I report to the trustees on my examination of the accounts of Four Paws Cat Rescue for the year ended 31st May 2023.

Responsibilities and basis of report

As the charity trustees of Four Paws Cat Rescue you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").

I report in respect of my examination of the Four Paws Cat Rescue's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of Four Paws Cat Rescue as required by section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements concerning the form and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a "true and fair view" which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Marina Legge FCCA

Chimes Accountancy Services Ltd

G02 Terriers House

Amersham Road

High Wycombe

Bucks HP13 5AJ

Date:

FOUR PAWS CAT RESCUE

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 May 2023


Recommended categories by activity	Notes	Unrestricted funds £	Restricted income funds £	Endowment funds £	Total Funds 2023 £	Total Funds 2022 £
Incoming resources
Income and endowments from:
Donations and legacies	2	28,735	0	0	28,735	18,577
Charitable activities	3	2,069	0	0	2,069	3,835
Other trading activities	4	5,353	0	0	5,353	8,663
Total		36,157	0	0	36,157	31,075
Resources expended
Expenditure on:
Raising funds	5	38,658	0	0	38,658	32,819
Charitable activities	6	1,019	0	0	1,019	1,008
Total		39,677	0	0	39,677	33,827
Net income/(expenditure) before investment gains/(losses)		(3,520)	0	0	(3,520)	(2,752)
Net income/(expenditure)		(3,520)	0	0	(3,520)	(2,752)
Net movement in funds		(3,520)	0	0	(3,520)	(2,752)

Reconciliation of funds:
Total funds brought forward		161,275	0	0	161,275
Total funds carried forward		157,755	0	0	157,755	(2,752)

FOUR PAWS CAT RESCUE

BALANCE SHEET

FOR THE YEAR ENDED 31 May 2023


Recommended categories by activity	Notes	Unrestricted funds £	Restricted income funds £	Endowment funds £	Total Funds 2023 £	Total Funds 2022 £
Current assets
Cash at bank and in hand	7	158,026	0	0	158,026	161,545
Total current assets		158,026	0	0	158,026	161,545

Creditors: amounts falling due within one year	8	270	0	0	270	270

Net current assets/(liabilities)		157,756	0	0	157,756	161,275

Total assets less current liabilities		157,756	0	0	157,756	161,275
Total net assets or liabilities		157,756	0	0	157,756	161,275
Funds of the Charity
Unrestricted funds	9	157,755			157,755	161,275
Restricted income funds	9		0		0	0
Endowment funds	9			0	0	0
Total funds		157,755	0	0	157,755	161,275

The financial statements were approved by the Board on 08-Feb-2024 and signed on its behalf by:

Julie Jones Chairman

FOUR PAWS CAT RESCUE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 May 2023

1 Accounting Policies

1.1 Accounting Policies

The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice (SORP) issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

1.2 Basis of preparation

Four Paws Cat Rescue meets the definition of a public benefit entity under FRS 102. The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

1.3 Going concern

The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.

1.4 Income from donations or grants

Income from donations and grants is recognised when the charity is entitled to the funds, the receipt is probable and the amount can be measured reliably. For donations, this is usually on receipt. For grants, this is usually when a formal offer is made in writing. If a donation or grant contains terms and conditions outside of the charity’s control which must be met before the charity is entitled to the funds, or if the donor specifies that the funds must be used in future time periods, then the income is deferred.

1.5 Other trading income

Other trading income from non-charitable sources is recognised over the period to which it relates, Any relating to future periods is deferred.

1.6 Expenditure

Expenditure is recognised when a present legal or constructive obligation exists at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefits will be required to settle the obligation, and the amount can be estimated reliably. It is inclusive of VAT which cannot be recovered.

Direct costs are those costs which directly attribute to its activities. Wages and salaries are allocated to direct costs based on an estimate of time spent on charitable activities by staff members.

FOUR PAWS CAT RESCUE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 May 2023

Support costs include staff costs and are those which do not produce a direct output. Staff costs relate to specific activities and this is reflected in the allocation of payroll costs based on the percentage of time spent.

All costs, including governance costs, are allocated between the expenditure categories of the charity on a basis designed to reflect the use of the resource. Costs relating to a particular activity are charged directly; others are apportioned on an appropriate basis.

Support costs and overheads have been calculated by allocating staff time to the level of involvement in the various activities of the Charity.

1.7 Taxation

The organisation is a registered charity and has no liability to income tax or corporation tax on its charitable activities during the year.

2 Income from Donations and Legacies

	Unrestricted funds	Restricted income funds		Endowment funds		Total funds 2023	Total funds 2022
Analysis	£	£		£		£	£
Donation and gifts	28,735		0		0	28,735	18,577
Total	28,735		0		0	28,735	18,577

3 Income from Charitable Activities

	Unrestricted funds	Restricted income funds		Endowment funds		Total funds 2023	Total funds 2022
Analysis	£	£		£		£	£
Sale of Good	2,069		0		0	2,069	3,835
Total	2,069		0		0	2,069	3,835

FOUR PAWS CAT RESCUE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 May 2023

4 Income from Other Trading Activities

	Unrestricted funds	Restricted income funds	Restricted income funds		Endowment funds		Total funds 2023	Total funds 2022
Analysis	£		£		£		£	£
Events	0			0		0	0	77
Re-homing	5,353			0		0	5,353	8,586
Total	5,353			0		0	5,353	8,663
5 Expenditure on Raising Funds
	Total	funds	2023				Total funds	2022
Analysis		£					£
Fundraising costs					1,265			1,950
Animal food and supplies					7,457			3,457
Vet fees					25,478			24,727
Bank charges					337			606
Office expenses					1,324			317
Insurance					610			584
Accountancy					270			270
Cattery rent & utilities					845			416
Cleaning & waste disposal					1,072			492
Total					38,658			32,819

FOUR PAWS CAT RESCUE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 May 2023

6 Expenditure on Charitable Activities

	Total funds 2023		Total funds 2022
Analysis	£		£
Printing, postage & stationery		51		65
Telephone		0		13
Subscription		245		110
Travel expenses		723		775
Advertising and marketing		0		45
Total		1,019		1,008

7 Cash at bank and in hand

	Total funds	2023	Total funds	2022
	£		£
Barclays account		79,236		80,967
Lloyds account		78,790		80,578
Total		158,026		161,545

8 Creditors: Amounts falling due within one year

	Total funds		Total funds
	£		£
Accruals and deferred income		270		270
Total		270		270

FOUR PAWS CAT RESCUE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 May 2023

9 Charity funds

9.1 Details of material funds held and movements during the CURRENT reporting period

	Fund							Fund
Fund names	balances brought	Income	Expenditure	Transfers		Gains and losses		balances carried
	forward							forward
	£	£	£	£		£		£
Unrestricted funds
	161,275	36,157	(39,676)		0		0	157,756
Total	161,275	36,157	(39,676)		0		0	157,756

9.2 Details of material funds held and movements during the PREVIOUS reporting period

	Fund							Fund
Fund names	balances brought	Income	Expenditure	Transfers		Gains and losses		balances carried
	forward							forward
	£	£	£	£		£		£
Unrestricted funds
	164,029	31,075	(33,828)		0		0	161,275
Total	164,029	31,075	(33,828)		0		0	161,275