Charity number: 1138841
Kent Greyhound Rescue
Report of the Trustees and Unaudited Financial Statements
For the year ended 30 April 2024
Kent Greyhound Rescue Contents Page For the year ended 30 April 2024
| Report of the Trustees | 1 to 2 |
|---|---|
| Independent Examiner's Report to the Trustees | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6 to 7 |
| Detailed Statement of Financial Activities | 8 |
Kent Greyhound Rescue Report of the Trustees For the year ended 30 April 2024
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 30 Apr 2024. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommende Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable i the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).
Chair's report
This year Kent Greyhound Rescue has found permanent homes for 167 greyhounds and lurchers. Most of these dogs woul have been euthanized if not brought into the rescue. 6% of dogs were returned to KGR, which is higher than previous yea but still well below the industry average.
We continue to attract dedicated new volunteers who bring different experiences and expertise to Kent Greyhound Rescue With the loss of Ian, we introduced some new procedures to spread the workload and our new volunteers have made thi very successful.
KGR replies entirely on a dedicated band of volunteers who work together. We continue to have no paid staff and are ver fortunate that our volunteers do not claim expenses, enabling us to keep our expenditure to a minimum. The volunteers giv up their free time to, amongst other things, kennel appointments, transport the dogs, homecheck, fundraise, dog walk and d administration The volunteers fundraise from March to December, hold dog shows and attend local events. This has raise our public profile locally and helped with fundraising, support and homing.
KGR always looks for processes to become more automated and less repetitive. As the charity grows, simple / clea procedures that that can be quickly understood and implemented by volunteers will be a distinct advantage.
OBJECTIVES AND ACTIVITIES
Objectives and aims
Please see attached the full Trustees Annual report for the period.
Statement on public benefit
Please see attached the full Trustees Annual report for the period.
Volunteers
Please see attached the full Trustees Annual report for the period.
ACHIEVEMENTS AND PERFORMANCE
Significant activities
Please see attached the full Trustees Annual report for the period.
Achievements against objectives
Please see attached the full Trustees Annual report for the period.
FINANCIAL REVIEW
Reserves
The charity has achieved its aim to build a reserve of 6 months average expenditure and will continue to hold this level o reserve.
Going concern
After making the appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resource to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concer basis in preparing financial statements. Further details regarding the adoption of the going concern basis can be found i accounting policies.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Please see attached the full Trustees Annual report for the period.
Recruitment and appointment of trustees
Please see attached the full Trustees Annual report for the period.
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Kent Greyhound Rescue Report of the Trustees Continued For the year ended 30 April 2024
Pay policy for senior staff
The charity is run exclusively by unpaid volunteers,
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity Kent Greyhound Rescue Charity registration number 1138841 Principal address New Pound Farm House Newington Kent CT18 8AU
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Julie Graham (Trustee) Steve McCarthy (Chairman) Independent examiner James Pellatt Accountant 29 Plain Road Folkestone Kent CT20 2QF
Approved by the Board of Trustees and signed on its behalf by
............................................................................. Julie Graham Julie Graham (Trustee )
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Kent Greyhound Rescue Statement of Financial Activities For the year ended 30 April 2024
| Notes Income and endowments from: Donations and legacies 2 Charitable activities 3 Other trading activites 4 Total Expenditure on: Raising funds 5 Total Net income/expenditure Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 63,864 15,988 - 79,852 ) (78,312 ) (78,312 1,540 34,678 36,218 |
202 125,270 869 12,844 138,983 (193,668 (193,668 (54,685 57,075 2,390 |
|---|---|---|
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Kent Greyhound Rescue Statement of Financial Position As at 30 April 2024
| Notes Current assets Cash at bank and in hand Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 8 Net assets The funds of the charity Unrestricted income funds 9 Total funds |
£ 2024 41,977 41,977 41,977 41,977 ) (5,759 36,218 36,218 36,218 |
202 2,390 2,390 2,390 2,390 - 2,390 2,390 2,390 |
|---|---|---|
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Julie Graham
Julie Graham (Trustee) Trustee
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Kent Greyhound Rescue Notes to the Financial Statements For the year ended 30 April 2024
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 (FRS 102), and the Charities Act 2011.
Kent Greyhound Rescue meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Going concern
After making the appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the goin concern basis in preparing financial statements. Further details regarding the adoption of the going concern basis can be found in accounting policies.
Taxation
No taxation is due as HMRC published regulations state no tax is due on money raising activities including trading, which are exclusively to finance Kent Greyhound Rescue's (prime) objective as stated in "objectives". Neither Trustees or Volunteers are paid or receive payment for out of pocket expenses.
2. Income from donations and legacies
| Unrestricted funds Donations received |
2024 £ 63,864 63,864 |
202 125,270 125,270 |
|---|---|---|
3. Income from charitable activities
| Unrestricted funds Activity1 Income from charitable activities ncome earned from other activities Shop income |
2024 £ 15,988 2024 £ - - |
202 869 202 12,844 12,844 |
|---|---|---|
4. Income earned from other activities
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Kent Greyhound Rescue Notes to the Financial Statements Continued For the year ended 30 April 2024
5. Expenditure on other trading activities
| Unrestricted funds Fund raising events |
2024 £ 78,312 78,312 |
202 193,668 193,668 |
|---|---|---|
6. Particulars of employees
| No Employees | 2024 0 0 |
202 |
|---|---|---|
7. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
8. Creditors: amounts falling due after more than one year
| Loans and overdrafts | 2024 £ 5,759 5,759 |
202 - |
|---|---|---|
9. Movement in funds
Unrestricted Funds
| General General Fund |
Balance at 01/05/2023 £ 34,678 34,678 |
Incoming resources £ 79,852 79,852 |
Outgoing resources £ ) (78,312 ) (78,312 |
Balance a 30/04/202 36,218 36,218 |
|---|---|---|---|---|
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Kent Greyhound Rescue Notes to the Financial Statements Continued For the year ended 30 April 2024
Unrestricted Funds - Previous year
| General General Fund Purpose of unrestricted Funds General Fund To re-home and rescue Greyhounds |
Balance at 01/05/2022 £ 57,075 57,075 |
Incoming resources £ 138,983 138,983 |
Outgoing resources £ ) (193,668 ) (193,668 |
Balance a 30/04/202 2,390 2,390 |
|---|---|---|---|---|
10. Analysis of net assets between funds
| Unrestricted funds General General Fund Previous year Unrestricted funds General General Fund |
Net current assets/ (liabilities) Creditors> one year Net Asset £ £ 41,977 ) (5,759 36,218 41,977 ) (5,759 36,218 Net current assets/ (liabilities) Creditors> one year Net Asset £ £ 2,390 - 2,390 2,390 - 2,390 |
|---|---|
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Kent Greyhound Rescue Detailed Statement of Financial Activities For the year ended 30 April 2024
| INCOME AND ENDOWMENT Donations and legacies Donations Charitable activities Income from charitable activities Other trading activities Shop income Total incoming resources EXPENDITURE Other trading activities Fund raising events costs Total resources expended Net Income |
£ 2024 63,864 63,864 15,988 15,988 - - 79,852 ) (78,312 ) (78,312 ) (78,312 1,540 |
£ 2023 125,270 125,270 869 869 12,844 12,844 |
|---|---|---|
| 138,983 ) (193,668 ) (193,668 |
||
| ) (193,668 ) (54,685 |
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This page does not form part of the statutory financial statements