ANIMAL AID 246 ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 Company Registration No. 07616442 Charity Registration No. 1143133
ANIMAL AID 246 TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024 The Trustees are pleased to present their annual report for the year ended 31 st March 2024. The financial statemenls comply with the Charities Act 2011, Companies Act 2006, Accounting and Reporting by Charities-, Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland IFRS102) effective 1 sl January 2019. OBJECTIVES AND ACTIVITIES The objects of the Charilable Company are to prevent cruelty and relieve the suffering and distress of animals in need of care and attention in the North West area. Animal Aid 246 is commilled to providing shelter for stray l unwanted animals focusing on felines. Our aim is to find loving, secure homes for all the animals in our care. All animals in the care of the organisation receive excellent veterinary care and are spayed I neutered. vaccinated and rnicro-chipped before rehoming. Ariy animals may be taken back if owners become unable to care for them. In considering the objectives and aclivilies, the Truslees have considered Charity Commission guidance on Public Benefit to ensure that the charitable company is meeting its Public Benefit roquirements. ACHIEVEMENTS AND PERFORMANCE Animal Aid would like lo thank all our supporters, volunteers and shop customers for the invaluable support they have given during the last year which has enabled us to continue lo provide the best care possible to all the unwanted, abandoned and abused cats that came into our care. The Charity has experienced very challenging and difficult times since the Covid 19 Pandemic and this year has been no exception. High inflation has had a huge impact on finances and the rising costs of velerinary care, cal food and energy has greatly drained the Charity's iesources. Our charity shop continues to be our main source of income. The Shop is in an area of great deprivation and provides a source of affordable clothing and homeware for local people who are on benefits or having difficulty making ends meet. We are proud of the role we play in the local community as the shop is not just somewhere where people can find a bargain, but they can also have a friendly chat and seek help and advice regarding any issues concerning their cats. Our application to claim Gift Aid was approved by HMRC and this is now a welcome source of income. Our Christmas and Easter raffles were successful in raising much needed funds as was our participation in the Cat Extravaganza held in Liverpool in October 2023. The Cat Extravaganza also enabled us lo promote the work done by the Charity and to raise the importance of neutering cats. Social media continues to be invaluable in helping us to reach out to the wider community. In addition to helping the Charity to raise funds it has also helped to raise awareness of Ihe work we do and to the importance of neutering and microchipping cats.11 has drawn attention lo cats up for adoption and has been a means of reuniting lost pets with their owners. Our website is up and running and has been a successful resource in raising donations to the Charity. We are extremely grateful to all our supporters and long-standing donors for their generous monetary donations and for their donations of saleable items at a time when many 8re struggling to manage themselves. These kind donations have enabled us to provide the best possible care for Ihe cats in the catteries and in helping us to work towards our aim of saving abused and abandoned cats and kittens across the local area and Merseyside. Every effort is made to find the best forever homes for Ihe cats in our care and. during this year, the charity has successfully rehomed 32 cats and kittens.
ANIMAL AID 246 TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024 We have helped a great number of cats and kittens. many of Ihem living rough on the streets, providing them with a Pla of safety, food, health care, comfortable surroundings and lots of love and attention. Every cat in our care is neutered and we ensure all cats and killens are microchipped, health checked by our vet. and receive flea and worm treatments before they are rehomed. In the course of this year both catleries have been painted as have the hall and stainNell. The new cat furniture is in the process of being assembled and installed to provide a stimulating environment for the Cats in our care. This has been yel another extremely challenging year due to the ever-increasing cost of cat food, vet fees and energy costs. We have seen a reduction in the number of people wanting to adopt cats due lo their own financial 511uations and every day there are emails from owners asking the Charity to rehome their cats. Both calteries are continually full to capacity, but staff always do their best to assist those who ask for our help. In the circumstances, we believe the Charity has achieved a great deal. FINANCIAL REVIEW Total income for the year was £30,788 (2023.. £36,486).. of which £nil 12023.. £nill, related to funding for projecls upon which restrictions are placed. Total expenditure for the year was £77,059 (2023.. £125,720) leaving a deficit for the year of £46,271 {2023'. deficit £89,234). At 31st March 2024 the charitable company's reserves stood at £188,823 (2023.. £235,094}. RISK MANAGEMENT The main risks, lo which the charitable company is exposed, as identified by the Trustees, have been considered and systems have been established to mitigate those risks. RESERVES POLICY It is the policy of the charitable cornpany to maintain unrestricted reserves, which are free reserves at a level to cover redundancy provision and three months, running costs should no further funding be received. Free reserves are the charitable company's unreslricled funds less tangible fixed assets. At the end of the financial year the unrestricted funds lotalled £188,823 (£80,824 net of tangible fixed assels). The charitable company requires £9,301 for redundancy provision, £19,265 for three months, running costs (totalling £28,566). PLANS FOR FUTURE The refurbishment of the catteries is almost complete. The remaining cat furniture will be assembled and installed in the catleries and some soft furnishings added. We are looking fonNard lo welcoming prospective adopters into our newly refurbished catleries to meet all the cats and kittens in our care. As has previously been mentioned. we are seeing an increase in demand for our services and both our catteries are operating at full cap8Clty. We anticipate that this situation will continue. As we are asked to help more and more cats and kittens and resources are decreasing, fundraising must be the Charity's priority for the coming year.
ANIMAL AID 246 TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024 Our focus will be on finding more ways of raising funds. We will continue lo have raffles and, hopefully. we will hold sponsored events. Some items which have been donated to the shop will be advertised for sale on social media. We are fortunate that our wonderful supporters are willing lo donate whatever they can. We plan to contact our supporters who make monetary donations and pay tax to rnake them aware of our Gift Aid status and ask them to consider gift aiding their donation, which will make a positive differen lo the Charity's funds. We will continue lo maintain and update our website and post on social media. putting a greater focus on the cats up for adoplion in the hope that more can be rehomed. We will also use the website and social media lo raise awareness of the importance of neutering cats. The strong belief in animal welfare is at the heart of our operations. We will, in the coming year, endeavour to continue to apply for suitable grants and funding in order lo ensure that we can give the best possible care to the cats and kiltens we rescue and hopefully to expand our welfare work. Dissolution of charitable company The charitable company was dissolved with Companies House on 28th May 2019 and removed from the Charity Commission register on 29th November 2019. The charitable company was restored with Companies House on 11th November 2020 and charity registration re-instated on 25th November 2020. STRUCTURE. GOVERNANCE AND MANAGEMENT Animal Aid 246 is a charitable company limited by guarantee (registered in England and Wales, No. 07616442) incorporated on 27 April 2011 and registered as a charity (number 1143133} on 27th July 2011. Animal Aid 246 was dissolved with Companies House on 28th May 2019 reinstated on 11th November 2020 and removed from the Charity Commission register on 29th November 2019, reinstated 25 November 2020. The company was established under a Memorandum of Association which established the objects and powers of the company and is governed by its Articles of Association_ The governing document is a constitution adopted on 27th April 2011. The charitable company operales across the Merseyside area. The board of Trustees (who are also the Directors of the charitable company) forms the Committee which meets regularly throughout the year to attend to operational matters, fundraising and governance issues.
ANIMAL AID 246 TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 ST REFERENCE AND ADMINISTRATIVE DETAILS Name Animal Aid 246 Company Number Charity Number Registered Office 07616442 1143133 246 County Road, Liverpool, Merseyside, L4 5PW Trustees T Birchall M Caffrey R Caffrey A Fleming R Stokes Independent Examiner Mrs Ying Huang ACCA clo LCVS, 151 Dale Street, Liverpool, L2 2AH Bankers Lloyds TSB Bank PLC, Waterloo, Birmingham OSC 4 Ariel House, 231 Coventry Road, Sheldon, Birmingham, B26 3JW Signed on behalf of the Trustees M A Caffrey Trustee Dale 12, 11.1
ANIMAL AID 246 STATEMENT OF TRUSTEES, RESPONSIBILITIES Company law requires the Trustees (who are also the directors for the purposes of company law), to prepare financial statements for each financial year which give a true 2nd fair view of the stale of affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the Trustees should follow best practice and.. select suitable accounting policies and then apply them consistently., make judgements and eslimates that are reasonable ar)d prudent; prepare the financial stalements on the going concern basis unless it Is inappropriate to assume that the company will continue on that basis The Truslees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that Ihe financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonab18 Steps for the prevention and detection of fraud and other irregularities. By the Order of the board, M A Caffrey Trustee 246 County Road, Liverpool, Merseyside. L4 5PW Date.. .1.].: ! J.: IL
INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES OF ANIMAL AID 246 report on the accounts of the charitable company for the year ended 3181 March 2024, which are set out on pages 7 10 16. The trustees (who are also the dir8Ctors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider thal an audit is not required for this year under section 14412) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the 2011 Act, 2. to follow the procedures laid down in the general Directions given by the Charity Commission (under section 14515)(bl of the 2011 Act, and 3. to state whether particular matters have come to my attention. My examination was carried out in accordance with general Directions given by the Charity Comrnission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees Conrning any such matters. The procedures undertaken do not provide all the evidence thal would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'lrue and fair, view and the report is limited to those matters set out in the statement below. In connection with my examination, no matter has come to my Inde endent examiner's attention. staternenl- matter of concern identified 111 which gives me reasonable cause to believe that in, any material respect, the requirements= to keep accounting records in accordance with section 386 of the Companies Act 2006., and to prepare accounts which accord with the accounting records and comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting Charities have nol been mel., or (21 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Res ective res onsibilities of Tru8tees and examiner Basis of inde endent examiner's statement Name: Mrs Ying Huang Relevant professional qualification or body.. ACCA Address.. clo LCVS 151, Dale Street, Liverpool, L2 2AH Dated.. .i?./.yg12L'.3.IE
ANIMAL AID 246 STATEMENT OF FINANCIAL ACTIVITIES IINCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST MARCH 2024 Notes UnrestrTCted Restricted Funds Funds 2024 2024 Total Total 2024 2023 Income and endowments from: Donations and legacies Charitable activities Other trading activilies 3a 3b 3c 9,092 21,120 576 9,092 21,120 576 15,126 19,887 1,473 Total incomè 30,788 30,788 36,486 Expenditure on Charitable activities 77,059 77,059 125,720 Total expenditure 77,059 77,059 125,720 Net lexpenditurel, net movement in fund5 (46,271) 146,271) (89,2341 Total funds brought forward 9,10 235,094 235,094 324,328 Total funds carried foNiard 8-10 188,823 188,823 235,094 The notes on pages 9 to 18 form part ofthese a¢counts. The net movement in resources for Ihe period was derived from the continuing activities of Ihe charitable company
ANIMAL AID 246 BALANCE SHEET AS AT 31ST MARCH 2024 Company No 07616442 Notes 31°, March 2024 31st March 2023 Fixed assets Tangible fixed assets 107,999 110,497 Curr8nt assets Debtors Cash at bank and in hand 2,555 79,882 2,057 123,535 82,437 125,592 Current Liabilities Creditors= amounts falling due wilhin one year (1,613) {995) Net current assets 80,824 124,597 Total assets less current Ilabilities 188,823 235,094 Funds: Unrestricted funds Restricted funds 188,823 235,094 8,10 188,823 235,094 These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime and with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). For the period covered by these accounts the company was entitled to exemption under section 477 of Ihe Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The trustees, who are the directors of the charitable company, acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of financial slatemenls. Approved by the Board on ..1. 0. , 1.2.:.2.4 and signed on their behalf by. /M.A M A Caffrey Trustee
ANIMAL AID 246 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 1. Limited Liability The charity is a company limited by guarantee. Each memberfs liability is limited to £10. 2. Accounting Policies Basis of accounting The financial statements have been prepared in accordance with the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) effective 1st January 2019, Charities Act 2011 and the Companies Act 2006. The financial statements are prepared in sterling, which is the functional currency of the charitable company. Monetary 8mounts in th8se financial slalements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise staled in the relevant note(s) to these accounts. The charitable company has taken advantage of the provisions in the SORP for Charities applying FRS 102 Updale Bulletin 1 not to prepare a Stat8ment of Cash Flows. Going concern At the time of approving the accounts, the Trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future, the Trustees are confident that the levels of liquidity and free reserves will not affect the charity's operations. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing the accounts. Fund accounting Unrestricted funds are the charitable company's free reserves available for the Trustees lo apply in accordance with the charitable company's charitable objectives. Restricted funds are subject to specific restrictive conditions imposed by the donor. All restricted funds are accounted for as restricted income and expenditure for the purposes is charged lo the fund. Income rocognition All income is recognised onc6 the charitable company has entitlement to the income, there is sufficient certainty of receipt and 80 It is probable that the income will be received, and the amount of income receivable can be measured reliably. Donations and legacies comprise of donations which are recognised in the accounts when received, with the exception of known legacies which are accounted for when their receipt is certain. Income from charitable activities is recognised on an accruals basis except for grants receivable, which are recognised on the date on which their unconditional payment is confirmed by the donor.
ANIMAL AID 246 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 Income from other trading activities relates to fundraising events and is recognised when the amount is certain. Expenditure recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charitable company to that expenditure, il is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the Statement of Financial Activities. Support and governance costs are applied lo unrestricted funds unless specifically included in the restrictions, as specified by the donor. Expenditure on charitable activities relate to the operation of the charitable company cornprising of direct charitable expenditure to rneet the objectives of the charitable company, Support and governance costs relate to the management and operation of the organisation and also compliance with constitutional and statutory requirements in producing the annual report. These are dealt with in the Statement of Financial Activities when payment has been approved by the charitable company. Fixed assets Capital expenditure of £200 and above is slated in the balance sheet at cost less accumulated depreciation. Depreciation is provided lo write off the cost of each asset over ils expected useful life as below.. Pel Care Equipment 200/0 reducing balance basis Shop Equipment 20°/o reducing balance basis Freehold Property 20A straight line basis Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Financial instruments The charitable company has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charitable company's balance sheet when the charitable company becomes party lo the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounls presented in the financial statements, when there is a legally enforceable right lo sel off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. io
ANIMAL AID 246 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction prits including transaction costs and are subsequently carried al amortised cost using Ihe effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are r)ol amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rale of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate melhod. Derecognltion of financial liabllities Financial liabilities are derecognised when the charitable company's contractual obligations expire or are discharged or cancelled. Critical accounting estimates and judgements In the application of the charitable company's accounting policies, the Trustees are required to mako judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimales and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Taxation Income and gains are exempt from taxation as they are received and applied for charitable purposes only. The charitable company benefits from various exemptions from taxation afforded by tax legislation and are not liable to corporation tax on income or gains falling within those exemptions.
ANIMAL AID 246 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 3. Income and endowments from Unrestricted Restricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 Donations and Legacies Donations Legacies 9,092 9,092 10,853 4,273 9,092 9,092 15,126 b. Charitable activities Shop income Cat Adoptions 16,640 4,480 16,640 4,480 14,053 5,834 21,120 21,120 19,887 Other trading activlties Fundraising 576 576 1,473 4. Expendlture on charitable activities Direct Support & Total 2024 Total 2023 Charitable Governance Expenditure Costs To prevent cruelty and relieve the suffering and distress of animals in need of care and attention 69,051 8,008 77,059 125,720 a. Analysed a5 follows.. 2024 2023 Direct charitable expenditure.- Staff salary costs Pension Running co$t8 Shop expenses Waste Pet food Pet care 31,248 805 8,727 2,400 562 10,858 14,651 31.989 926 7,609 6,264 3,055 7,997 15,839 69,051 73,679 12
ANIMAL AID 246 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ST Support & Govemance costs.. Staff Salary costs Repairs & Maintenance Office costs Legal fees Insurance Bank charges Accountancy Depreciation 344 891 577 68 2,840 42,527 3,190 2,390 468 940 2,526 990 2,498 8,008 52,041 Total expenditure on charltable activities 77,059 125,720 All the above expenditure relates to unrestricted funding. b. Staff Costs & Number5 2024 2023 Salaries Social Security Costs Pension 31,592 31,989 605 929 32,197 32,915 ¢. Particulars of employees: The average number of employe8s during the year, calculated on the basis of full- time equivalents, was as follows.. 2024 1.66 2023 1.54 Total number of staff No employee received emoluments of more than £60,000 during the year (2023.. nil). No out-of-pocket expenses were reimbursed to Trustees in the year12023'. £nill. 13
ANIMAL AID 246 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 5. Tangible fixed assets Pet Care Shop Freehold Equipment Equipment Property Total Cost Balance at 151 April 2023 856 1,254 119,517 121,627 Balance 31st March 2024 856 1,254 119,517 121,627 Accumulated Depreciation Balance at 1 $1 April 2023 Charge for Ihe year 841 728 105 9,561 2,390 11,130 2,498 Balance at 315t March 2024 844 833 11,951 13,628 Net Book Value at 31st March 2024 12 421 107,566 107,999 Net Book Value at 31s1 March 2023 15 526 109,956 110,497 All fixed assets are used in the direct charitable activities of the charitable company. 6. Debtors 2024 2023 Debtors and prepayments Other Debtors 2,214 341 2,057 2,555 2,057 7. Creditors: amounts falllng due within one year 2024 2023 Accruals other Creditors 1,075 538 995 1,613 995 14
ANIMAL AID 246 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 315T MARCH 2024 8. Analysls of net assets between funds Year end 2024 Tangible fixed Net current assets assets Total Unrestricted Funds General Fund R Jones Designated Fund 23,399 84,600 80,824 104,223 84,600 107,999 80,824 188,823 Restricted Funds Totals 107,999 80.824 188,823 Year end 2023 Tanglble fixed Net current assets assets Total Unreslrlcted Funds General Fund R Jones Designated Fund 24,017 86,480 124,597 148,614 86,480 110,497 124,597 235,094 Restricted Funds Totals 110,497 124,597 235.094 9. Unre5trlcted Funds Movements in the Year Income Expenditure Year end 2024 Funds at beginnlng of year Fund$ at end of year General Funds R Jones Designated Fund 148,614 86,480 30,788 (75,179) (1,880) 104,223 84,600 235.094 30,788 177,0591 188,823 15
ANIMAL AID 246 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 Movements In the Year Income Expenditure Year end 2023 Funds at beginning of year Funds at end of year General Funds R Jones Designated Fund 237.363 86,965 36,486 {125,235} 14851 148,614 86,480 324,328 36,486 1126.7201 235.094 General Fund is used to finance the charitable company's general activities as outlined in the Trustees, Report. R Jones Designated Fund - Contribution towards the acquisition of the property 246 County Road 10.Restricted Funds There were no restricted funds held during the year or al 31st March 202412023.. £nil). 11.Operating Lèase Commltments There were no fin8ncial commitments under non-cancellable operating leases as al 3181 March 2024. {2023'. none). 12. Related Party Transactions There were no related paty transactions at as 31 $1 March 2024 (2023.. £nil}. 13. Contingent Liabilities There were no contingent liabilities as at 31st March 2024 {2023'. £nil). 14.Guarante6s As at 31¥1 March 2024 6 members h?d given a guarantee of £10 each in the event oflhe charitable company winding-up total £60 (2023.. 6 members £60).