Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Company registration number.. 07697602
Charity registration number.. 1143122
Woodside Animal Welfare Trust
(A company limited by guarantee)
Annual Report and Financial Ststemenls
for the Year Ended 31 Dec&mb8f 2024

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Woodside Animal Welfare Trust
Contents
Reference and Adminislralive Detsils
Trustees, Report
2to12
Independent Auditorfs Report
13to16
Statemènt of Financial Activities
171018
Balance Sheet
19
Ststement of Cash Flows
20
Notes lo the Financial Statements
21to40

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Woodside Animal Welfare Trust
Reference and Administrative Details
Trustèe$
Mrs C Bowles MBE
Mrs J Gorman
Mrs J Rogers
Mrs M Maclean
Mrs A Marshall
Mr R Stokes
Mr J Goidon
Mr G Waison
Charity R•glstration Number
1143122
Company Rogistration Numbar 07697602
The charity is incorporated in England & Wales.
WAWT The Sanctuary
Elfordleigh
Plymouth
Devon
PL7 SED
Principal Office
Auditor
PKF Francis Clark
Chartered Accountants
Melville Building East
Unil 18, 23 Royal William Yard
Plyrnouth
Devon
PL1 3GW
Bankers
Lloyds TSB
8 Royal Parade
Plymtsulh
Devon
PL1 1HB
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Woodside Animal Welfare Trust
Trustees, Report
Pgriod
The Trustees present their report and the audited financial slalemenls for the period 1 January 2024
10 31 December 2024. The accounts have been drawn up in compliance with the Statemenl of
Recommended Practice Accounting and R6porting by Charitiès18ffèctivé 1 January 20191 ISORPI.,
Ihg Charities Act 2011," the Companies Act 120061 and in accordance with the company's
Memorandum and Articles of Association.
structure, Govomance and Manag8m8nt
The Company was incorporated on July 7, 2011 and attained registered slalus as charity 1143122, 27
July 2011, running alongside the original Charity 299789 which continues al redU￿d level
predominantly as a deposit vessel for longstanding and supportgr donations via standing order.
The Board of Trustees
The Board appoints Trustees.. daals with induction and training of new Trustees and puts plans in
plac8 lo manage work required lo maintain properties owned by the charity and the funding available.
Trustees who servèd during the period.. Carole Bowles, Janel Gorman, Jennrfer Rogers, Mirand8
MacLean, Anne Marshall, Roy Stokes, Graha￿ Watson and John Gordon.
Risk Managemant
The Trustee5 confirm that the rnajor risks lo which the charity is exposed are actively reviewed on
regular basis. The Board of Trustees meets regularly throughout the year to discuss, identify and
establish working systems and routines to mitigate those risks. A ¢ompr8hènsiv8 risk analysis has
been completed and ongoing checks mainlain&d.
Objects of The Charity
The objects of the Charity are lo relieve the suffering of any species which is in need of cafe and
atter7tion and in particular, provide or rllainlain kennels. catterie5, refuges, rescue homes, animal
hospitals, sanctuaries or other facilities for the reception and care of unwanted animals and the
treatmfjnt of sick or ill-lroalèd animals.
Public benefit
The Trustees consider that the work of the Tru51 is to relieve the suffering of animals in the local area,
and is in the public benefit. The Trustees confirm that they have complied with the requirements ol
section 17 01 the Charities Acl 2D11 to have dkje regard to Ihe public benefit gLJidance published by
the Charity Commission for England and Wales.
Aims for the Period
Continue work to ￿duce the over population of cats and dogs within the charitls local POPLJlation
through spaying and neutering.
Maintain an ongoing commitment lo staff welfare.
Continue lo improve HR compliance and adminislralion.
Staff training.
Replace, repair and maintain the shops, sanctuary grounds, k8nnelslc8ttery and property.
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Woodside Animal Welfare Trust
Trustees, Report
Achievements
In 2024. the charity homed a total of 707 animals - 430 cats. 174 dogs and 125 Small animals
including rabbits. guinea pigs. ferrets. chinchillas, degus, hamsters, tortoises and a variety of birds.
Provision of funds from tha PortLJgal legacy for spawng and neutering dogs and cats in Portugal.
The charity spayed and nèutered local animals as follows". Via local veterinary pra¢li¢es'. 119 dogs
(large percentage XL Bullys), 58 cats and 19 rabbits. Via Woodside's own clinic.. 36 dogs, 172 cats.
14 rabbits and 5 ferrets.
Provide an on-site permanent, qualified dog behaviourist.
Various maintenance work including.. Flood prèvèntion work, rèplac8 steps into cat pods, complete
Colebrook floor for storage, renew the sanctuary boiler, drainage in vic¢nity of konnels and renowal of
cat pod flooring.
Provision ol an animal adoption viewing bam
Provision ol flats in the Wilcocks property
Completion of sancluaryifield paths
• Inlorngt and website provision upgraded
WELFARE & EDUCATION
Since February 2024 il has been a criminal offence lo own an XL Bully without a govemmenl Issued
ex&mplion ¢8rtificatg. Poli¢0 can seize unregistered dogs and owners may face a criminal record and
fine. Although we are unable lo tsk8 th¢se dogs in for rehoming, we have offered struggling owners
assistan￿ wlh the cost of neutering their pets.
Spring saw the arrival of 4 bulldogs
problems.
all in need of medical help, mostly relating to breathing
In June il became law for all pel cats to be microchipped by the lime they are 20 weeks old. Owners
who fail to microchip their cats may face a fine of up lo £500. In November - a poor little slaffie callad
Mo was taken into Woodside's care. A very distressing situation for all concemed. but with the help of
our amazing staff thi5 little girf found her forevgr home before the end of the yèar.
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Woodside Animal Welfare Trust
Trustees, Report
SPONSORSHIP
99 kennel sponsors. an all lime highl We didn't quite reach our target of 100 by the start of 2025 but
will still celebrate this huge ne￿Ork and generosity by our amazing supporters.
Our kennel sponsorship is run pu￿lY online so admin cosis remain as low as possible. 11 was
designed to support our dogs on their journey lo finding a new home and adopters can have their
name or short message displayed in our website under Ihg kennel they are sponsoring.
DONATIONS
Amazon Wishlisl continues to be a great source of funding for us
r5
There are loo many organisab'ons and companies to name, bul a massive thank you lo all the local
businesses and organisations who have supported us during the year.
Christmas Tree Tags are always a good source of income
th trees in every shop and at the
sanctuary it's a great way to raise funds. And unwanted gifts ar& also great lo sell in our shops.
The generosity of Companies. businesses, individuals, sports teams and sky divers la supporter aged
85 no lessll never ceases lo amaze us. You Collect, organise events, donate money for essential
items and much much more. We absolutely appreciate all the donations from everyonè. THANK YOU!
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Woodside Animal Welfare Trust
Trustees, Report
EVENTS
May Bank Holiday - Model railway display which had a private collection of G-scale engines circling a
special built track in the bam. Total raised £1900.
SPftl￿G IAIR
RA6ED £2953,&0
WESYCOTTS
LUSCOMBE
LANSAYE FARM
A series of monthly bike nights were held al Triumph with all donations coming to Woodside.
@ IRILtIIFH P¥b!OIIIH iJJPM . iuiUPI.,
FOODI%D DRI4K URVED FRtW JOK¥S GRIL
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Woodside Animal Welfare Trust
Trustees, Report
A series of workshops have been held al WooLlside including string lantern making, fused glass and
wreath making. This has proved lo be a very successful idea.
July- a very suece5sful quiz night was hold raising £243
Qui
Frthy S
VFA
September- Ouf traditional cream lea afternoon.
December- the Christmas fair
4 MASSIVE THANK YOU
to everyone who su
Christmas
ported our
£4904.97
RAISED
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Woodside Animal Welfare Trust
Trustees, Report
EDUCATION
We were happy lo promote the Dartmoor Livestock Protection Society in our winter newsltrtter by
asking drivers lo add their phone number inlo their contacts. Then, should an accident happen or they
come across an animal in distress the DLPS can be contacted and lake the necessary action.
New law for all pel ¢als lo be microchipped, so very happy lo promote this avanl.
FREE
Cat Mlcrochlpplng
Event
M•k• sur• your cat Is
'ledn•sday 12th June
2-4pm
Blue Cross Centre - Stratford House,
Marsh Barton, Exeter, EX2 8ED
From 10th June it is a le881 requifement for ALL ¢ai$ to bt
microchipped, 50 Jonathan Wood Vets ts teamin8 up i4iith
Blue Cr055 Devon to provide another free microchipping
• * session for our f8l*ne fDend5
No booking r￿ded.
Rabbil welfareleducalion is still very important lo Woodside. 2024 saw an increase in the number or
rabbits being dumped which is probably due lo the lack of understanding on how to look after the
rabbits and their needs.
Why You Should Why You Should
Neuter Your
Neuter Your
Female Rabblts
Mal• Rabblts
Wv
SHOP
The shops continue to be a great source of revenue.
P8ge 7

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Woodside Animal Welfare Trust
Trustees, Report
The window displays are always up to date and take the opportunity lo highlight specific events
throughout the year. The Colebrook Christmas shop has also become an event in itself with many
people trag&rfy anticipating the opening of it in November.There is always a queue on the first day of
op8ningl
STAFF
Recruiting the right peoplg has always been a challenge. so earlier in the year we mad8 good use of
staff oftspring- thanks lo the children and grandchildren of our staff mombers.
October- 2 job va¢ancies for Retail AssistantslDonation Handlers.
Nov8mb8r - Anlmal Care Assistant post advertised for the sanctuary.
PORTUGAL
This legacy which enabled us to 5UPPOrt the work of several Algarve animal ¢harilies has now been
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Woodside Animal Welfare Trust
Trustees, Report
Ten Year Plan
Develop a policy lo review the training needs of new Trvsl8es.
Establish a £2 million reserve fund.
Develop the current welfare round into a full lime, permanent service.
Establish a separate adminislration I staff to deliver education programmes on the work, principles
and aims of the Trust. in particular lo the owners of tomorrow via schools, youth groups. social media
elc.
Appoint a fundraising co-ordinator lo sanction and oversee all fundraising events., c& ordinate
fundraising groups and estsblish new opportunities lo generate income lo support and expand the
work of the Trust.
Fundraising policy
The charity normally runs various fundraising events throughout the year which, with thg holp of our
kind supporters, also raise vital funds and spread awareness of our chariws work. These are detailed
elsewhere in Ihe Trustees, report. The charity did nol make use of any external professional
fundraisers lo fund raise funds on behalf of the charity during the year. The charity receivpd no
complaints about ils fundraising 8¢tivilies during the year. The charity follows no official fundraising
standard but always acts lo ensure that vulnerable people are protected whenever il carries out
ftjndraising activities. The charity ensures that fundraising activities are restricted lo a limited range of
approved activities lo ensure that vulnerable people and other members of the public a￿ prolecled
from behaviour which is an unreasonable intrusion of a person'5 privacy. is unreasonably persistent or
pla￿S undue pressure.
Flnan¢lal Revlew
Primary sources of Trust funds come from legacies, donations, animal homings and Sales income
from 6 charity shops, of which 5 are owned by the Trust and 1 which is a rented prernise. The
unincorporated charily Gonlinues lo collect some donations and acts as agent for the charitable
¢ompany in order lo capture gift aided r&venue which provides an important source of income.
Woodside is dedicated lo increasing the amount of donations subject to gift aid to maximise its
benefits.
Overall the Trust made a surplus of £2.171,921 12023.. £96,548) ijuring the financial year. Legacy
income continues to represent a large proportion of incorne, being 760/.12023.. 45°/ts}. The reserv&s of
the Trust increased lo £5.736,362 12023.. £3,564,441) and the cash at bank balance increased lo
£2,547,52212023.. £419,164}.
R•$arvo$ Pall¢y
Within the financial year there are Sarge financial reserves held in ils bank accounts due lo a signficant
legacy received. The Board of Trustees is committed lo ulilising the maximurn level of financial
resources available that il is responsibly ablé to do so. The Trustees are however mindful of the
necessity to hold reserves and f( is Trust policy to aim lo hold r8serv8 funds of at least 12 months
running costs.
Conclusion
A great big 'upside down, thank you from all the residents al Woodside for the care and love they
receive trom the staff and supporters.
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Woodside Animal Welfare Trust
Trustees, Report
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Woodside Animal Welfare Trust
Trustees, Report
Statement of trustees. responsibilities
The trustees (who are also the directors of Woodside Animal Welfare Trust lor the purposes of
company lawl are responsible for preparing the trustees. rèport and the financial slalemenls in
accordance with applicable law and United Kingdom A¢¢ounling Sland8rds (United Kingdom
Generally Accepted Accounting Practic81. including FRS 102 The Financial Reporting Standard
applicable in the UK and Republic of Ireland"
Company law requires Ihe trustees lo p￿pare financial statements for each financial year. Under
Company law the trustees musl not approve the financial statements unless they are satisfied thal
they give a true and fair view of the 51ale of affairs of the charitable company and of the incoming
resources and applicatlDn of resources, including its income and oxpendilure, of the charitable
cornpany for that period. In preparing thesg finan¢ial statements, the trustees are required lo-.
select suitable accounting policies and apply them CDnsislenlly',
observe the methods and principles in the Charities SORP.,
rnake judgements and estimates Ihal are reasonable and prudent.,
slate whether applicable accounting standards. comprising FRS 102 have been followed, subject
lo any material departures disclosed and explained in the financial slalements-, and
pr8par& the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable
accuracy at any lime the financial position of the charitable cornpany and enable them to ensure thal
the financial slalemenls comply with the Companies Act 2006. Théy ar8 also responsibl& for
safeguarding the assets of the charitable company and hen¢e for taking rgasonable steps for the
prevention and detection of fraud and other irregularities.
The trustees are responsible for the mainlenance and integrity of the corporate and finan¢ial
information included on th@ charitable ¢ompanls website, Legislation governing the preparation and
dissémination of financial statements may differ from legislats'on in other jurisdictions.
Disclosurg of inforniati¢n to auditor
Each trustee has taken steps Ihal they ought to have iaken as a Iruslee in order lo make themselves
aware of any relevanl audit informalion and lo establish that the charity's auditor is aware of that
infomialion. The Iruslees ¢onfirm that there is no relevant informab'on that they know of and of which
they know the auditor is unaware.
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Woodside Animal Welfare Trust
Trustees, Report
Golng ¢on¢ern
The Trustees have prepared a cash-flow forecast that reflects their best prediction for donations and
expenditure going forward and which demonslrales the charity projects to have sufficient Cash lo meet
ils liabilities as they fall due over the next 12 months.
The charity continues to have access to its pre-exisling bank facilities and the Trustees take further
comfort fmm the support they continue lo receive in the form ol legacies and donations from thoir
supporters.
As at the year end the charity ￿taIned £2.547,522 in cash in addition lo their investrnent portfolio
valued at £101.970. Furthermore the charity owns 5 of its charity shops and addilional land
surrounding the sanctuary sile which in a worst case scenario could be sold lo support the cash-flow
of the charity. Post year end managemenl accounts also show the Gharity lo have achieved a surplus.
The charity continues lo manage the challenges caused by high inflation rates and energy prices
arising from the current general UK economic environment.
On the basis of these forecasts and analysis, thè Trustèes remain confident that the charity will
continue to be a going concern lor a period of at least 12 rnonths from the date of approving these
financial stalemenls.
The annual report was approved by the trustees of the charity on
behalf by..
and signed on its
Mrs C Bowles MBE
Trustee
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Woodside Animal Welfare Trust
Independent Auditor's Report to the Members of Woodside Animal
Welfare Trust
Opinion
We have audited the financial slalerllenls of Woodside Animal Welfare Trust {Ihe 'charity'l for the year
ended 31 December 2024. which comprise the Statement of Financial A¢tivities. Balan¢8 Sh&et,
Slalemenl of Cash Flows, and Notes to the Financial Stalemenls, including a sumrnary of significant
a￿O￿ntIng policies. The financial reporting frafnework that has been applied in their preparation is
United Kingdo￿ Accounting Standards, CO￿p￿S4￿g Charities SORP FRS 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland, and applicablè law (United Kingdom
Generally AC￿pted Accounting Praclicel.
In our opinion the financial slalemenls..
give a true and fair view of the slate of the ¢harity's affairs as al 31 December 2024 and of ils
incoming resources and application of resources. including its income and expenditure, for the
year then ended.,
h8ve been propedy prepared in accordance with United Kingdom Generally Accepted Accounting
Practice,. and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and
applicable law. Our responsibilities under those standards are further described in the auditor
responsibilities for the audit of the financial slalernenls section of our report. We are independent of
the charity in accordance with the ethical requirements that are relevant lo our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled OLJr other elhical
responsibilities in accordance with these requiremenis. We believa that the audit evidence we have
obtained is sufficient and appropriate lo provide a basis for our opinion.
Conclu$lon$ rglating to going ¢on¢?m
In auditing the financial slalements, we have concluded that the trustees use of the going concem
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 Un￿rtaIntieS relating to
events or Conditions that, individually or collectively, may cast significant doubt on the charity's ability
lo conb'nLJe as a going concern for a period of at least Iwolve months from when the original financial
statomenls were authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect lo going concem are
dascribÉd in Ihg relevant se¢lions of this report.
othar Informatlon
The trustees are responsible for the other infDrrnalion. The other information comprises the
infomiabon included in the annual report, other than the financial slalements and our auditor's report
Ihereon. Our opinion on the financial slalefnenls doe5 not cover the other information and, except lo
the extent otherwise explicitly slated in our report, we do not express any fomi of assurance
conclusion thereon.
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Woodside Animal Welfare Trust
Independent Auditor's Report to the Members of Woodside Animal
Welfare Trust
In connection with our audit of the financial statem8nts. our rèsponsibility is lo read th8 other
information and, in doing so. consider wh8lher the other information is materially inconsislenl with the
financial 51atemenls or our knowledge obtained in the audit or otherwise appears lo be malerially
isslaled. 11 we identify such material inconsistencies or apparent material misstatements, we are
reouired lo determine whether there is a material misstatement in the financial statements or a
material misstatement of the olher information. If, based on the WOTk we have perforrned. we conclude
that there is a material misstsletnenl of this other information, we are required lo report that fact.
We have nothing to report in this regard.
Opinion on other matter prescribed by the Companlas Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the infomiation given in the Trustees. Report for the financial year for which the financial
slalemenls are prepared is consislenl with the financial slaleTnenls', and
the Trustees, Report has been prepared in accordance with applicable legal r8quiT8ments.
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the company and its environment obtained in the
course of the audit, we have not identified material misstatements in Ihe Trustees. Report.
We have nothing lo report in respect of the following rnatters where the Companies Act 2006 requires
us to report lo you if, in our opinion..
adequate ac¢ounting records have not bgen kept, or relums adequate for our audit have not been
received from branches not v1511ed by us.. or
the financial statements are not in agreement with Ihe a¢¢ounling records and r&turns", or
rtain disclosures of trustees remuneration specified by law are not made,. or
we have not received all th& information and explanations we require for our audit.
Responslbllltles of trustees
As explained Tnore fully in the Statement of Iruslees, responsibilities Isel out on page 111, the trustees
are responsible for the preparation of the financial statements and for b&ing satisfied that they give a
true and fair view. and for such inl&rnal control as the Iruslèes determine is necessary lo enable the
preparation of financial ststements that are free from material misslalemenl. whether due ID fraud or
error.
In preparing the financial slalerllenls, the Iruslee5 are responsible for assessing the charity's ability lo
continue as a going concern, disclosing, as applicable. malters related to going concern and using the
going concern basis of accounting unless the truste¢s eilhgr inltrnd to liquidalg the charity or lo cease
operations, or have no realistic allemative but lo do so.
Auditor r8sponslb1l￿tr¢S for tho audlt of th• flnan¢lal statements
Our objectives are ID obtain reasonable assurance about whether th8 financial statamenls as a whole
are free from material misststgmgnt. whether due lo fraud or error, and lo issue an auditor's report
that includes our opinion. Reasonabl8 assurance is a high level of assurance, but is not a guarantee
that an audit conducted in accordance with ISAS IUKI will always delect a material misstalement
when il exists. Misstatements can arise from fraud or error and are considered material if, individually
or in thè aggregate. they could reasonably be expected lo influence the econornic decisions of users
taken on the basis ol these financia5 slatemenls.
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Woodside Animal Welfare Trust
Independent Auditor's Report to the Members of Woodside Animal
Welfare Trust
Irregularities, including fraud, are instances of non-compliance with laws and règulations. Wa d8sign
Pro￿dureS in line with our responsibilits'es, outlin8d above, lo d&leGI material misstalemenls in respect
of irrogularilies, including fraud. The extent lo which our procedures are capable of detecting
irregularities, including fraud is detailed below..
Based on our undèrstanding of the company and industry, we identified that the principal risks of
non-compliance with law5 and regulations related lo acts by the company which were contrary lo
applicable laws and regulations, including fraud.
We considered those laws and regLJlations that have a direct impact on the preparation of the financial
slalemen15, including. bul not limited lo FRS 102 leffeclive 1 January 20191- Icharilies SORPI, the
Companies Act 2006 and the Charities Act 2011. In addition. we considered provisions of other laws
and regulations that do not have a dirgct effect on the financial statem&nts bul compliance with which
may be fundamental lo the Company's ability lo operate or lo avoid a material penalty. This includes
GDPR, employrnenl law and health and safely regulab'ons.
As part of Dur planning procedures, we assessed the risk of any non-compliance with laws and
rggLJlations on the enlily's ability to continue operating and the risk of material misslalemenl lo the
accoun15. Based on this understanding we designed our audit procedures to identify non-compliance
w((h such laws and regulats'ons. Our procedures involved th¢ following..
Reviewed any legal and professional ¢osts lo identify legal costs in respect of non compliance.,
Enqviries with management whether there have been any known instances, allegations or
suspicions of fraud or non compliance with laws and regulations,.
Review of board minutes where available.
Wo 6valualed management's Incentives and opportunities for fraudulent manipulation of the financial
slalemenls (including the risk of override of conlrolsl, and determined that the principal risks were
related lo fraudulent financial reporting. Our procedures involved the following.,
Review of nominal journal entries for reasonableness;
• Roview of significant a¢¢ounling eslimales for bias.,
Review of legacy income recognition.
Subslanlive testing of income completeness.
Because of the inherent lirnitalions of an audit, there is a risk that we will not detect all irregularities,
including those leading to a material misstatement in the financial statements. The risk ol not
detecting a material misstatement due lo fraud is higher than the risk of not detecting one r8sulling
from error, as fraud may involve deliberate omissions, Collusion, forgery, misrepresenlalions, or the
override of inlemal controls. We are also less likely ID become aware of instan￿S of non-compliance
with laws and regulations that are not closely related lo events and transactions refle¢led in the
financial statements.
A further description of our responsibilities is available on the Financial Reporting Council's website
al.. www.frc.org.uklauditorsresponsibililies. This description forms part of our auditor'5 report.
Uso of our report
This report is made solely to the charitable company's trustees, as a body, in accordance with
Chapter 3 01 Part 16 of the Companies Act 2006. Our audit work has been undertaktsn so that we
might stste lo the charity's Iruslees those matters we are required lo slate lo them in an auditor's
report and for no other purpose. To the fullest exlenl permitted by law, we do not accept or assume
responsibility lo anyone other than the charitable company and ils Iruslees as a body, for our audit
work, for this report, or for th8 opinions we have formed.
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Woodside Animal Welfare Trust
Independent Auditor's Report to the Members of Woodside Animal
Welfare Trust
$*fi4d by..
Louise Bridgett Isenior Slalulory Audilorl
For and on behalf of PKF Francis Clark, Slalutory Auditor
Melville Building East
Unil 18. 23 Royal William Yard
Plymouth
Devon
PL1 3GW
29 September 2025
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Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
Statement of Financial Activities
Year Ended 31 December 2024
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Total
2024
Unrestricted
Restricted
Note
Income and Endowments from:
Donations and legacies
Charitsble activities
Other trading activities
Investment income
3,295,81 S
88,015
510,858
130,420
3,295,815
88.015
510,858
130,420
Total Income
4.025,108
4.025,108
Expendituro on..
Raising funds
Charitsble activities
1362,809}
1,395,51 S
1362,8091
1.490,250
94,735
Total Expenditure
GainsllLossesl on investment assets
11,758.3241
128
194,7351
11,853.0591
11281
Nel incomellexpgndilurol
Transfers between funds
2,266,856
18,458
194,7351
18,458
2,171.921
Net movement in funds
2,248,198
176,2771
2,171,921
Reconciliation of funds
Total funds brought forward
3,389,600
174,841
3,564,441
Total funds carried forward
23
5,637,798
98,564
5,736,362
The notes on pages 21 to 40 form an int8gral part of th8S8 financial stat8m&nts.
Pag817

Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
Statement of Financial Activities
Year Ended 31 December 2024
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Comparative year
Total
2023
Unrostricted
Restricted
Noto
In¢ome and Endowments from:
Donations and legacies
Charitsble activities
other trading activities
Investmgnt income
962,474
76,964
479.973
74,828
962,474
76,964
479,973
74,828
Total In¢ome
1,594,239
1,594,239
Expendlture on:
Raising funds
Charitsble activities
1304,8861
1,229,571
1304,8861
1.322,788
93,217
Total ExpendilLJre
GainsllLossesl on inveslrnent assets
11,534.4571
163.1131
193,2171
11,627,674)
63.1131
Nel expenditure
13,331}
193.2171
96.548
Nel movernenl in funds
13,3311
193.2171
196,5481
Reconciliation of funds
Total funds brought forward
3,392,931
268,058
3,660.989
Total funds carried forward
23
3,389,600
174,841
3.564,441
All of the charity's activities derive from continuing operations during the above bNo periods.
The notes on pages 21 to 40 form an integrdl part of these financial 5taternents.
Pag8 18

Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
(Registration number: 07697602)
Balance Sheet as at 31 December 2024
2024
2023
Note
Fixèd assets
Tangible assets
Investmen15
3,095,171
101,970
3,119.895
217,598
3,197,141
3,337.493
Current assets
Deblots
Cash al bank and in hand
174,535
2,$47,522
225.194
419,164
18
2,722,057
644,358
Creditor$.' Amount$ falllng due wlthln one year
19
139,821
120,5021
Net current assèts
2,582,236
523,856
Total assets less currant Ilaollltlos
5,779,377
3.861,349
Creditors: Amounts falling du& aft$r more than one year 20
Net assets
43,015
296,9081
3,564,441
5,736.362
Funds of tho charity..
Restricted income funds
Restricted funds
98.564
174,841
Unre¢tricl'ed incom¥ furtils
Unrestricied funds
5,637,798
3,389.600
Total func1$
23
5,736,362
3,564,441
The financial s
temenls on pages 17 10 40 were approved by the Iruslees, and aulhorised for issue
and signed on their behalf by..
Mrs C Bowles MBE
Trustee
The not85 on pages 21 to 40 form an integral part of these financial statements.
Page 19

Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
Statement of Cash Flows for the Year Ended 31 December 2024
2024
2023
Notè
Cash flows from operating activitios
Net incomellexpendilurel
2,1T1,921
196,5481
Adjustments to cash flows from non-cash items
Depreciation
Investment income
(Gainsy losses on investments
Decrease in debtors
Increase in creditors
91,372
1130,4201
128
50.659
23,419
88.038
174,8281
63,113
88,641
7.516
17
19
Nel Cash flows from operating activities
2,207.079
75,932
Cash flows from investing activities
Interest receivable and similar income
Purchase ol tangible fixed assets
Sale of inveslTNenls
Income from divid8nds and investment propertl88
60,609
166,6481
115,500
69.811
3.222
143,8431
15
71,606
Nel cash flows from investing a¢livilies
179,272
30,985
Cash flows from finan¢ing activities
Repaym8nl of loans and borrowings
Ntrl increase in cash and cash equivalents
19
257,993
79,119
2,128,358
27,798
Cash and cash equivalents at 1 January
419,164
391,386
Cash and cash equivalents at 31 Decefflber
2,547,522
419,164
l of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 2110 40 fom an integra5 part ol these financial statements.
Page 20

Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
Notes to the Financial Ststements for the Year Ended 31 December
2024
1 Charlty ststu$
The Charity is limitod by guarantee, incorporated in England & Wales, and consequently does not
have share capital. Each of the Iru51ees is liable lo contribute an amount not exceeding £10 towards
the assets of the charity in the event ol liquidab'on.
The principal place of business is..
WAWT The Sanctuary
Elfordleigh
Plymouth
Devon
PL7 SED
2 Ac¢ountlng poll¢le$
Summary of significant accounting policies and key accounting estimates
The principal a¢¢ounling policies applied in the preparation of these financial slalemenls are sel out
b8low. These policies have been conslstenlly applied to all the years presented, unless otherwise
slated.
ststemènt of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities.. Stalernenl of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicab5e in the UK and Republic ol Ireland IFRS
1021 leffeclive 1 January 20191- (Charities SORP IFRS 10211, the Financial Reporting Standard
applicable in the UK and Rgpublic of Irgland IFRS 1021. They also comply with the Companies Act
2006 and Charities Act 2011.
Basls of preparatlon
Woodside Animal Welfare Trust meets the definition of a public ben8fit 8ntily under FRS 102. Assets
and liabilities are initially recognised al historical cost or transaction value unless otherwise ststed in
the relevant accounting policy notes.
Golng ¢on¢ern
The trustees considar that thérè are no material unc8rtainties about the Charity's ability to continue as
going ¢on¢ern. The financial ststemenls have been prepared on the going concem basis. For
further discussion see the Trustees, Report.
Pag8 21

Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
Notes to the Financial Statements for the Year Ended 31 December
2024
Kgy $our¢8$ of •$tlmatl¢n uncortalnty
The fair valuation of investment property al each year end by the Trustees by nature is subject to a
significant degree of eslimation uncertainty. The Trustees prepare their valuation by carefully
onsidering the mark81 value al acquisition and subsequent known movemenis in the residential
property market. The carryng amount is £88,157 {2023 - £203,654).
Income and endowments
l income is recognised once the charity has entitlement lo the income, it is probable that the income
will be received and the amount of Ihe income rec8ivable ¢an be measured reliably.
Donations and legacies
AJI donations are recognised on a recelved basis.
Goods donated lo the Trusl for sale in the charity shops are recognised when the items are sold and
are shown as income from other trading a¢livibes in th& Slalemenl of Financial Aclivilies.
Life memberships are recognised on a received basis.
Donations or beque51s received. for which the donor earmarks a spe¢ifi¢ purpose, are allocated to a
reslricled fund. Funds which are expendable al the discretion of the Trustees in accordance with the
charitls objectives are allocated lo unrestricted funds.
Bequests and legacies ar8 recognised when il is probable that they will be rec8ived. Receipt is
normally probable when there has been grant of probate, the executors have established that there
are sufficient assets in the estate to pay the legacy and any conditions attached lo the legacy are
Oith&r within the control of the charity or have been mel.
Grants re¢elvable
Grants are recognised when the charity has an entillemenl to the funds and any conditions linked to
the grants have been met. Where performance Conditions are attached lo the grant and are yel lo be
met, the income is recognised as a liability and included on the balance sheet as deferred income.
Investment income
Interasl on funds hèld on deposit is included when receivable and the amoLJnl can ￿ mèasLJr8d
reliably by the charity on the accruals basis. Dividends are recognised once the dividend has be8n
declared and notifi¢ation has been received of the dividend due.
Expgndllurg
All expenditure is recognised once there is a legal or ¢onslru¢tive obligation lo that expenditure, il is
probable settlement is required and the arnounl can be rneasured reliably. All costs are allocated to
the applicable expenditure heading that aggregale similar costs to that category. Where costs cannot
be directly attributed lo particular headings they have been allocated on a basis consistsnt with the
estimated use ol resources.
Ralslng funds
These are costs incurred in attracting voluntary in¢orne. the management of investments and those
inCu￿ed in trading activities that raise funds.
Page 22

Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
Notes to the Financial Statements for the Year Ended 31 December
2024
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of it5 activities
and services for its beneficiaries. 11 includes both ¢0515 that can be allocated directly lo such activities
and those costs of an indirect nature necessary lo support them.
Support costs
Support costs include central functions and have been allocated to activity Cost categories on a Liasis
consistent with the use of resources, lor example. allocating property costs by floor areas. or per
capita, staff costs by the lime spent and other costs by their usage.
Governancè cost$
These include the costs allributable lo the charity's compliance with conslilutional and slalulory
requirements, including audit, strategic management and trustees, meetings and reimbursed
expenses.
Taxation
The charity is considered lo pass the lesls sel out in Paragraph 1 S¢hedulo 6 of th$ Finan¢e Act 2010
and therefore il Mee￿ the delinilion of a charitable cofflpany for UK corporation lax purposes.
Accordingly, the Charity is potentially exefnpl from laxalion in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax A¢1 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are
applied exclusively to charitable purposas.
Tangible fixed assets
Individu81 fixed assets C051ing £100 or more are initially recorded at cost, less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
Dep￿¢￿atron and amorti5ation
Depreciation is provided on tsngible fixed asse15 $0 as lo write off the cost or valuation, less any
estimated residual value, over their expected useful economic life as follows..
Asset class
Freehold buildings
Leasehold buildings
Kennels
Motor vehicles
Plant and equipment
Land
Depreciation method and rate
2010 slraighl line
Over the life of the lease
2% slraighl line
25% reducing balance
20% reducing balance
Not depreciated
Investment property
Investment property is carried al fair value. derived from the current market prices for comparable real
estate determined annually by the Trustees. Changes in fair value are recognised in profil or loss.
Pag8 23

Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
Notes to the Financial Statements for the Year Ended 31 December
2024
Flxed a55et investments
Fixed asset invaslmenls. olhar than programmè rglaled inv8stm&nls, included at market value al
the balance sh881 dale. Realised gains and losses on investments are calculated as the difference
between sales proceeds and their market value al the start of the year, or their subsequent c051, and
aTe charged or credited to the Statement of Financial Activities in the period of disposal.
Unrealised gains and losses r&presenl the Tnovemenl in market values during th& year and are
credited or charged lo the Statement of Financial Activits'es based on the ￿arket va5ue al the year end.
Fund structure
Unreslricted income funds are expendable al the discretion of the Trustees in the furtheran¢e of the
objects of the Charity.
Restricted income funds are to be used in accordance with the specific restrictions imposed by donors
or which have been raised by the charity for a specific puip05e. The ¢0515 of raising and administering
such fullds are charged against the specific fund. The aim and use of each restricted fund is sel out in
the notes to the financial stalemenls.
Pensions and other post retirement obligation5
The charity operates a defined ¢ontribution pension scheme which is a pension plan under which
fixed contributions are paid into a pension fund and the charity has no legal or con51ruclive obligation
to pay further contributions even if the fund does not hold sufficient assets to pay all employees the
benefits relating to employee service in the current and prior periods.
Contributions lo defined contribution plans are recognlsed In the Statement of Financi81 Activitles
when they are due. If contribution payments exceed the contribution due lor service, the excess is
recognised as a prepayment.
Flnanclal instruments
Classificatlon
The charity holds the following financial instruments..
Short term trade and other debtors and creditors.,
Long term bank loans., and
Cash and bank balances.
I rinancial inslnjmenis are classified as basic.
Page 24

Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
Notes to the Financial Statements for the Year Ended 31 December
2024
Re¢ognltlon and measurement
The charity has chosen lo apply the recognition and meaSu￿rnan1 principles in FRS102.
Financial instruments are recognised when the Gharity becomes party lo the contractual provisions of
the instrumenl and derecognised when in the case of assets, the contractual rights to cash flows from
tho assets expire or substsntially all the risks and rewards of ownership are transferred to another
party, or in the case of liabilities, when the charity's obligations are discharged, oxpire or are
can￿lled.
Ex¢epl for bank 108ns, such instruments are initially measured at transaction price, including
transaction costs, and are subsequently carried al tha undiscounted amount ol the cash or other
consideration expected to be paid or received, after taking account of impairment adjuslmenls.
Bank loans are initially measured al Iransa¢lion pri¢e. including Iransa¢lion Costs, and are
subsequently carried al amortised cost using the eff&¢live interest method.
3 Income from donatlons and logacies
Unrestricted
funds
General
Total
2024
Donations and legaaes.,
Donations from individuals
Legacies
Gift aid reclaimed
Grants, including capital grants..
Grants from other charities
200,235
3,042,904
41.539
200,235
3,042,904
41.539
11.137
11,137
3,295,815
3.295,815
Unrastrictad
funds
General
Total
2023
Donations and legacies..
Donations from individuals
Legacies
Gift aid reclaimed
Grants, including capital grants.,
Coronavirus Discretionary Local Govemmenl grants and other
grants
202.211
716.429
35,175
202,211
716,429
35,175
8,659
8,659
962,474
962,474
Page 25

Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
Notes to the Financial Statements for the Year Ended 31 December
2024
4 In¢oma from charitable activities
Unrestrfcted
fund5
General
Total
2024
Homings
Memberships
Boarding fees
85,950
1,985
80
85,950
1,985
80
88,015
88,015
UnTOStrictad
funds
General
Total
2023
Homings
Memberships
Boarding fees
74,506
2,171
287
74,506
2,171
287
76,964
76,964
S Income from other trading activities
Unr¢$trl¢tèd
funds
General
Total
2024
Trading income..
Shop income from sale ol donated goods and services
Sponsorship income
Other income from olhor trading a¢livilies
485,279
8,029
17,550
485,279
8,029
17,550
510,858
510,858
Unrestricted
fund$
General
Total
2023
Trading income.,
Shop income from sale of donated goods and services
Sponsorship income
Other income from other trading activities
456,883
7,255
15,835
456,883
7,255
15,835
479,973
479,973
Page 26

Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
Notes to the Financial Statements for the Year Ended 31 December
2024
6 Investment income
Unrestrlcted
fund5
General
Total
2024
Income from dividends,.
Dividends receivable from other listed investments
Interest r8¢eivable and sitnilar income..
Interest receivable on btink deposits
Income from rents
1,488
1,488
60.609
68,323
60.609
68,323
130,420
130,420
Unrestrl¢ted
funds
General
ot¢il
2023
ncome from dividends.,
Dividends receivable Iroiii othor liSt@d inv8Stmants
Interosl re¢givabl8 and simil¢4r income.,
Interest receiviable on bank deposils
Income from rents
740
740
3,222
70,866
3,222
70,856
74,828
74,828
Page 27

Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
Notes to the Financial Statements for the Year Ended 31 December
2024
7 Expenditure on raising funds
Costs of trading activities
Unrestricted
funds
Total
2024
Total
2023
Fundraising trading costs..
Fundraising and publicity
Shop running costs
Shop and admin wages Costs
Depreciation
locateLI support costs
14,405
6,435
288,993
4,569
48,407
14,405
6.435
288,993
4,569
48,407
11.493
9.003
239,410
4,402
40,578
362,809
362,809
304,886
8 Expendlture on ¢harllable a¢tlvltlas
Activity
undertaken
directly
Activity
support
costs
2024
2023
Vel and spaying fees
Shéltèr wagas costs
120.216
656,815
13,443
86,803
4,358
543,640
120,216
656,815
13,443
86.803
4,358
543,640
52,975
12,000
107,049
610,253
10,710
79,234
29,400
429.872
44,980
11,290
Depre¢ialion
Bank interest
Administration costs
Allocated support costs
Gov&rnance Costs
52.975
12,000
1.425,275
64,975
1,490,250
1,322,788
£1,395,515 12023 - £1,229,5711 of the above expendilure was attributable lo unrestricted funds and
£94,73512023 - £93,217) to restricted funds.
Page 28

Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
Notes to the Financial Statements for the Year Ended 31 December
2024
9 Analysis of goveman¢e and support costs
Support costs
Wages of £72,979 {2023 - £68,804) and other support costs of £32,972 12023 - £21,156) are
allocated evenly bett￿een costs ol raising funds and expenditure on charitable aclivilies. The
allocation lo each category was £52,97512023 £44,980). The Trustees consider that this accurately
reflects the way in which expenditure is incurred.
Governance costs
Unrestricted
fund$
Total
2024
Total
2023
Audit fees
Audit of the financial slalemenls
Other fees paid lo auditors
9,200
2,800
9,200
2,800
8,595
2,695
12,000
12,000
11.290
10 Not In¢omlngloutgolng re$our¢•$
Net incominglloulgoingl rgsources for tho year include..
2024
2023
Depreciation of fixed assets
91,372
88,038
11 Auditorfs remuneration
2024
2023
Audit ol the financial stslemenls
9,200
8.595
Other lees to auditors
All other non-audit services
2,800
2,695
Pag8 29

Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
Notes to the Financial Statements for the Year Ended 31 December
2024
12 Tru$ta•s remunèration and •xp8ns8s
No Trustees, have receivgd any remuneration from tho Charity during the year.
During the year the daughter of a Trustee was paid a salary of £39,69812023.. £34,946). The salary
paid was in line with the charitable company's standard payscale and included an overnight
allowance.
No trLJStees have received any reimbursed expenses or any other benefits frorn the charity during the
year.
13 Staff costs
The aggregate payroll costs were as follows..
2024
2023
Staff ¢osts durfng the y•ar were..
Wages and salaries
Social security costs
Pension costs
Other staff costs
1,018.787
64,539
17.169
14,317
854.402
48,106
13,163
13,395
1,114.812
929,066
The monthly average number of persons (including senior management leaml employed by the
charity during the year expressed as average head count was as follows..
2024
No
46
22
2023
No
43
21
Kennels
Charity shops
68
64
As required under the Charity SORP we confi'mi that no employee received emoluments of more than
£60,000 during the year.
Key management personnel cornprise H Lecointe, D Haynes. D Cornish, C Smith, J Salmons, J Haly
Ipr8viously Arscottl and L Park8r (previously Darcy}.
The lolal ernployee benefits of the key management personnel of the charity were £225,730 12023
£208,126).
14 Taxation
The charity is a registered charity and is therefore exernpt from taxation.
Page 30

Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
Notes to the Financial Statements for the Year Ended 31 December
2024
15 Tangible fixed asset$
Land and
building5
Motor
vehicles
Plant and
equipment
Kennels
Total
C05t
Al 1 January
2024
Additions
2.264,286
36,336
76,740
1,738.891
386.226 4,466,143
30,312
66,648
Al 31 December
2024
2,300,622
76,740
1,738,891
416,538 4,532,791
Depreciation
At 1 January
2024
Charge lor the
year
402,186
67.800
561.977
314.285 1,346,248
37,112
2,238
34,780
17,244
91,372
Al 31 December
2024
439,298
70,036
596,757
331,529 1,437,620
Net book value
Al 31 December
2024
1,861,324
6.704
1.142,134
85,009 3,095,171
Al 31 D$cembgr
2023
1,862,100
8,940
1,176,914
71,941 3,119,895
Restriction on litlo and pladged as security
£3,095,171 12023 £3,119,895) has been pledged as security for an unlimited fixed and floating
charge on the charity's bank borrowings.
Page 31

Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
Notes to the Financial Statements for the Year Ended 31 December
2024
16 Fixéd assét Invèstmgnts
2024
2023
Investment properties
Other inveslrnenls
88,154
13,816
203,654
13.944
101,970
217,598
Investment properties
Inve$tmt4nt
properties
Cost or Valuatlon
Al 1 January 2024
Disposals
115,5001
Al 31 December 2024
88,154
Provision
Al 1 January and al 31 December 2024
Net book valua
Al 31 December 2024
88,154
Al 31 December 2023
203,654
During the prior year the Trustees had a professional third party valuation cofflpleted which assessed
the fair value of investment property al 31 December 2022. One ol the propertias was sold within Ihe
year.
Page 32

Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
Notes to the Financial Statements for the Year Ended 31 December
2024
Other investments
Listed
invostments
Total
Cost or Valuatlon
Al 1 January 2024
Revaluation
13.944
11281
13,944
11281
Al 31 December 2024
13,816
13,816
Nat book valua
Al 31 December 2024
13,816
13,816
Al 31 December 2023
13,944
13,944
17 Debtors
2024
2023
Trade dèbtors
Amounts owed by Trust
Prepayments
Accrued income
VAT recoverable
Other debtors
1,726
14,315
13,962
58.257
9,965
78,310
4,882
5,075
14,961
138,748
11,987
49,541
174.535
225,194
Debtors includes £14,315 12023 £5.0751 owed by the unincorporated charity. Woodside Animal
Welfare Trust (charity number 2997891, for amounts collected on behalf of the associated charitable
¢ornpany bul held in the uninGorporaled charity's bank accounts al the year end.
18 Cash and cash equivalents
2024
2023
Cash al bank
Short-lerm deposits
Other cash and cash equivalgnls
2,381,787
164.603
1.132
262,556
156,216
392
2,547,522
419,164
Page 33

Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
Notes to the Financial Statements for the Year Ended 31 December
2024
19 Creditors: amounts falling due within one year
2024
2023
Bank loans
Trade ciedilors
Other taxation and social security
Olh8r creditors
Accruals
54,096
26,342
18.222
20,723
20,438
58,196
21.785
7,541
4.662
28,318
139,821
120,502
Creditors due within one year includes the following liabilities, on which security has been given by the
charity.
2024
2023
Bank loans
54,096
58,196
Bank borrowlngs
The 1 sl bank loan is denominated in sterling with a nominal interest rale ol base rale + 2.5010 and the
rinal instalment is due on 19 August 2026. The carrwng amount al year end is £Nil12023 - £77,4501.
The 2nd bank loan is denominated in slerfing with a nominal interest rate of base rale + 3% and the
final instalmenl is due on 22 July 2031. The carrying amount at year end is £Nil12023 £117,992).
The 3rd bank loan is denominated in sleding with a nominal interest rate of base rate + 2.21°lo and the
final inslalmenl is due on 3 D8cember 2026. The carwng amount at year end is £97,111 12023
£1 $9,662).
Al loan5 are secured by a 1st Legal Charge over the property owned by the Charity al Elfordleigh,
Plymplon, Plyrnoulh and an unlimited debenture inctsrporaling 8 fixed and fl081ing charge.
20 Credltors.. amounts falllng dug after ona year
2024
2023
Bank loans
43.015
296,908
Creditors amounts falling due after more than one year in¢ludos the following liabilities, on which
security has been given by the charity..
2024
2023
Bank loans
43.015
296,908
Included in the creditors are the following amounts due after more than five years..
2024
2023
After more than five years by instslmenls
72,289
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Woodside Animal Welfare Trust
Notes to the Financial Statements for the Year Ended 31 December
2024
21 Pension and other schemes
D¢fined ¢ontrlbLFtlon penslon scheme
The charity Dperates a defined contribution pension scheme. The pension cost charge for the year
represents ¢ontribulions payablo by the charity lo the scheme and amounted lo £17,169 12023
£13,163).
22 Commitments
Flnanclal commltm&nt$
Operating lease commitments for land and buildings are detailed below.
Thè total amoLJnl ¢onlra¢led for bul not provided in the financial ststements was £1,924,200 12023
£1,949,8561.
2024
2023
Not lal8r than one year
Later than one year and not later than five y¢ars
Over five years
25,656
102.624
1,795,920
1.924,200
25,656
102,624
1,821,576
1,949,856
The amount ol non-can¢ellabl8 operating lease payments recognised as an expense during the year
was £39.781 12023.. £39,925).
There was also capital commitments of £nil {2023.' £24,590) in relation to purchase of assets
committed lo within 2024 finanGial year that had not y&1 been installed.
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¢xJ
7Jt
(n (g

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¢0
In u>
o ¢0 cy

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Woodside Animal Welfare Trust
Notes to the Financial Statements for the Year Ended 31 December
2024
24 Analysls of net assets between funds
Unrestrictad
funds
Re$tri¢ted
Total fund5
Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Creditor5 over 1 year
2.996,607
101,970
2,722,057
1139,8211
143,0151
98.564
3,095,171
101,970
2.722,057
1139,8211
143,015
Total net assets
5.637,798
98,564
5,736,362
Total fund$
at31
December
2023
Unrestricted
funds
Restricted
Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Creditors over 1 year
3.017,927
217,598
571,485
{120,5021
296,9081
101,968
3.119,895
217,598
644,358
1120,5021
296,908
72.873
Totsl nel assets
3,389,600
174,841
3,564,441
25 Analysis of changes in net debt
At31
December
2024
At 1 January
2024
Financing
cash flows
Cash al bank and in hand
Debt due within one year
Debt due after mor& than one year
419,164
158,1961
296,908
2,128,358
4,100
253,893
2,547,522
154,0961
143,0151
2.450,411
Nel debt
64,060
2,386,351
Other non
cash
changes
At31
December
2023
At 1 January
2023
Financing
cash flows
Cash al bank and in hand
Debt duo within one year
Debt due after more than one
year
391,366
182.7871
27,798
79,119
419,164
158,1961
154,5281
351.436
54,528
296,908
Nel debt
142,8571
106,917
64,060
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Docusign Envelope ID." D16E7E86-3D5042B&BAF4-A27504F8DD2D
Woodside Animal Welfare Trust
Notes to the Financial Statements for the Year Ended 31 December
2024
26 Control
The charity was under the control of the Irusl8es throughout the financial year.
27 Related party transactions
During the year the charity made the following related party transactions..
Mrs C Bowles
Mrs C Bowles is 8 Trusloe of Woodside Anirp.al Welfare Trust.
The kennels are built on land which is owned personally by Mrs C Bowles.
From 1984. the Trust enjoyed occupancy wilhoul charge on Mrs Bowles. land and building5 where
she ran a boarding cattery. In 2002, because of a building proposed lo be built by Woodside with
public rnoney, the Charity Corrimission insisled on a lormal lease of 99 years lo protect the charity
assets.
The land was orinially valued by two laiid agents at an annual rent of £18,424 5 yearly rent
reviews. The leaV￿e was approved by the Charity Commission. Mrs Bowles, who is a Trustee of
Woodside, closed the considei able bLJsiness of her ¢allery and ¢onlinues lo work for the charilii as
she has always done wilhoul a salary. During the year rent was paid. in accordance with the above
agreement, of £25,660 12023.. £25,656) to Mrs Bowles. In addition a further amount of £3,621 12023..
£3,515) OT rcnt was paid to a close fami151 membgr of C Bowles for the use of the clinic built on thier
land. No amounts wem owed lo or from the charity al the year end.
Thè Anlmal Defènce Trust
An unincorporated charity registered with the Charity Commission (No. 2630951 wth common control
of one ol their trustee's.
The Charity invoiced The Animal Defence Trust for £295 in the year for re-imbursed éxpenditur8
12023 £3301. A grant of £3.000 was also received in year 12023 - £3,000). ATnounl oulslanding al
year and was £Nil12022 £N,.11.
Woodside Animal Welfare Trust
An unin¢orporaled charity rpgislered with the Charity Comrnission (No. 2997891 with cofflrnon control.
On 30 June 2012 the Trust gifted its nel assets and liabilities to the company. From 1 July 2Q12 the
company has undertaken the activities of the charity and the tru51 wll eventually become dormant.
The value of the nel assets and liabilib'es transferred to the company was £2,789,962. As at 31
December 2023 bank balances still in the unincorporated Trust's name amounting lo £14.31512023
5,0751 were still owed to the Company. The Trust still recéived donations and l&ga¢ies, but these are
winding down. Al funds received by the Trust are transferred lo the company at regular intervals.
During the year a total of £26,490 was transferred12023'. £36.1001.
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