REGISTERED COMPANY NUMBER: 07335344 (England and Wales) REGISTERED CHARITY NUMBER: 1143494
Chartered Accountants Old Station House Station Approach Newport Street Swindon Wiltshire SN1 3DU
THE LITTLE ZOO
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Statement of Financial Position | 6 to 7 |
| Notes to the Financial Statements | 8 to 13 |
| Detailed Statement of Financial Activities | 14 |
THE LITTLE ZOO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2020
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2020. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
a) To advance the education of the public in the conservation, protection and improvement of the physical and natural environment, in particular the conservation of exotic animals and their habitats; and to educate the public in matters pertaining to animal welfare in general and the prevention of cruelty and suffering among such animals.
b) To promote humane behaviour towards exotic animals by providing appropriate care, protection, treatment and security for animals which are in need of care and attention by reason of sickness, maltreatment, poor circumstances or ill usage.
The charitable activities described above are undertaken to further the charitable purpose for the public benefit. The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the objectives and in planning the future activities.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity has been impacted by the COVID lockdowns which forced the suspension of all income generating activities.
Wolf encounters has been a successful stream of new income, and the Charity has upgraded the wolf enclosure facilities in order to further increase income streams..
The trustees believe that the financial performance in 2020 was satisfactory in the circumstances.
FINANCIAL REVIEW
Principal funding sources
Due to COVID lockdowns, the charity generated a deficit, as set out in the Statement of Financial Activities. The trustees believe that the success of the wolf encounters can be replicated in future periods, which in turn will assist with the funding of other related activities.
The cash reserves have helped the charity overcome the challenges created by the COVID lockdowns.
FUTURE PLANS
The charity will continue to escalate its activities and range of animals, with a focus on educational activities.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
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THE LITTLE ZOO
The charity is governed by the Memorandum and Articles of Association as amended by special resolution and registered at Companies House on 27 July 2011.
The trustees of the charity, who are also the directors of the company, control the charity.
Trustees are recruited from volunteers, and each is provided with assistance in understanding their responsibilities as a trustee together with a copy of the rules and regulations of the charity.
The trustees monitor the risks facing the charity and take appropriate steps to mitigate those key issues identified.
The charity operates from property in which Mr G R Emery, a trustee of the charity, has an interest. A formal agreement is in place for the maintenance and use of the property by the charity. No rent was charged to the charity in respect of the property.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07335344 (England and Wales)
Registered Charity number
1143494
Registered office 16a Farleigh Wick
Bradford On Avon
Wiltshire BA15 2PY
Trustees
Mr A Carr-Gomm Director
Mr G R Emery Director
Mrs M L Llewellyn Director
Mr S Miller MBE Animal Presenter
Mr O R A Barrington Director (appointed 4.9.19)
Independent Examiner
Haines Watts
Chartered Accountants
Old Station House
Station Approach Newport Street
Swindon Wiltshire SN1 3DU
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
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THE LITTLE ZOO
REPORT OF THE TRUSTEES
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FOR T
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Mr G R Emery - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LITTLE ZOO
Independent examiner's report to the trustees of The Little Zoo ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2020.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr M S Gurney
FCA Haines Watts
Chartered Accountants
Old Station House Station Approach Newport Street
Swindon Wiltshire SN1 3DU
Date: .............................................
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THE LITTLE ZOO
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2020
| 2020 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 3,704 Charitable activities Rehabilitation, conservation & education services 34,376 Total 38,080 EXPENDITURE ON Raising funds 17,069 Charitable activities Rehabilitation, conservation & education services 29,821 Total 46,890 NET INCOME/(EXPENDITURE) (8,810) RECONCILIATION OF FUNDS Total funds brought forward 45,598 TOTAL FUNDS CARRIED FORWARD 36,788 |
2019 Total funds £ 51,103 46,396 |
|---|---|
| 97,499 18,324 44,343 |
|
| 62,667 | |
| 34,832 10,766 |
|
| 45,598 |
The notes form part of these financial statements
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THE LITTLE ZOO
STATEMENT OF FINANCIAL POSITION
31 AUGUST 2020
| 2020 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 5 5,629 CURRENT ASSETS Stocks 6 750 Debtors 7 7,481 Cash at bank and in hand 22,928 31,159 CREDITORS Amounts falling due within one year 8 - NET CURRENT ASSETS 31,159 TOTAL ASSETS LESS CURRENT LIABILITIES 36,788 NET ASSETS 36,788 FUNDS 9 Unrestricted funds 36,788 TOTAL FUNDS 36,788 |
2019 Total funds £ 4,045 750 - 42,303 43,053 (1,500) 41,553 45,598 45,598 45,598 45,598 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2020.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2020 in accordance with Section 476 of the Companies Act 2006.
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The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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THE LITTLE ZOO
31 AUGUST 2020
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Mr G R Emery - Trustee
The notes form part of these financial statements
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THE LITTLE ZOO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared 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' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 50% on cost
Stocks & work in progress
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Costs include all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition.
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. An element of profit is included where the outcome of the project may reasonably be determined.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
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THE LITTLE ZOO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2020
1. ACCOUNTING POLICIES - continued
Fund accounting
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
| 2. | NET INCOME/(EXPENDITURE) | ||
|---|---|---|---|
| Net income/(expenditure) is stated after charging/(crediting): | |||
| 2020 | 2019 | ||
| £ | £ | ||
| Depreciation - owned assets | 11,393 | 4,895 | |
| 3. | TRUSTEES' REMUNERATION AND BENEFITS | ||
| There were no trustees' remuneration or other benefits for the year ended 31 August | 2020 nor for | ||
| the year ended 31 August 2019. |
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 August 2020 nor for the year ended 31 August 2019.
| 4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |
|---|---|---|
| Unrestricted | ||
| fund | ||
| £ | ||
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 51,103 | |
| Charitable activities | ||
| Rehabilitation, conservation & | ||
| education services | 46,396 | |
| Total | 97,499 | |
| EXPENDITURE ON | ||
| Raising funds | 18,324 | |
| Charitable activities | ||
| Rehabilitation, conservation & | ||
| education services | 44,343 |
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THE LITTLE ZOO
| NOTES TO THE FINANCIAL STATEMENTS - continued | ||
|---|---|---|
| FOR THE YEAR ENDED 31 AUGUST 2020 | ||
| 4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | |
| Unrestricted | ||
| fund | ||
| £ | ||
| Total | 62,667 | |
| NET INCOME | 34,832 | |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | 10,766 | |
| TOTAL FUNDS CARRIED FORWARD | 45,598 | |
| 5. | TANGIBLE FIXED ASSETS | |
| Plant and | ||
| machinery | ||
| £ | ||
| COST | ||
| At 1 September 2019 | 9,809 | |
| Additions | 12,977 | |
| At 31 August 2020 | 22,786 | |
| DEPRECIATION | ||
| At 1 September 2019 | 5,764 | |
| Charge for year | 11,393 | |
| At 31 August 2020 | 17,157 | |
| NET BOOK VALUE | ||
| At 31 August 2020 | 5,629 | |
| At 31 August 2019 | 4,045 |
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THE LITTLE ZOO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2020
| 6. | STOCKS | |||||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| £ | £ | |||||
| Stocks | 750 | 750 | ||||
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 2020 | 2019 | |||||
| £ | £ | |||||
| Prepayments and accrued income | 7,481 | - | ||||
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 2020 | 2019 | |||||
| £ | £ | |||||
| Other creditors | - | 1,500 | ||||
| 9. | MOVEMENT IN FUNDS | |||||
| Net | ||||||
| movement | At | |||||
| At 1/9/19 | in funds | 31/8/20 | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 45,598 | (8,810) | 36,788 | |||
| TOTAL FUNDS | 45,598 | (8,810) | 36,788 | |||
| Net movement in funds, included in the above are as follows: | ||||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 38,080 | (46,890) | (8,810) | |||
| TOTAL FUNDS | 38,080 | (46,890) | (8,810) |
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THE LITTLE ZOO
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2020
9. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/9/18 | in funds | 31/8/19 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 10,766 | 34,832 | 45,598 |
| TOTAL FUNDS | 10,766 | 34,832 | 45,598 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 97,499 | (62,667) | 34,832 |
| TOTAL FUNDS | 97,499 | (62,667) | 34,832 |
| A current year 12 months and prior year 12 months combined position is as | follows: | ||
| Net | |||
| movement | At | ||
| At 1/9/18 | in funds | 31/8/20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 10,766 | 26,022 | 36,788 |
| TOTAL FUNDS | 10,766 | 26,022 | 36,788 |
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THE LITTLE ZOO
9. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 135,579 | (109,557) | 26,022 |
| TOTAL FUNDS | 135,579 | (109,557) | 26,022 |
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 August 2020.
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THE LITTLE ZOO
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2020 |
||
|---|---|---|
| INCOME AND ENDOWMENTS Donations and legacies Donations Charitable activities Animal experiences and sales Total incoming resources EXPENDITURE Other trading activities Animal & Feed purchases and Vet fees Charitable activities Wages Light and heat Advertising Repairs & Maintenance Motor vehicle expenses Legal & Professional fees Other office costs Bank charges Sundry expenses Printing, postage & stationery Insurance Depreciation of tangible fixed assets Total resources expended Net (expenditure)/income |
2020 £ 3,704 34,376 38,080 17,069 405 1,756 341 6,057 5,764 291 1,272 487 470 72 1,513 11,393 29,821 46,890 (8,810) |
2019 £ 51,103 46,396 |
| 97,499 18,324 320 665 253 18,998 16,244 675 - 392 177 602 1,122 4,895 |
||
| 44,343 | ||
| 62,667 | ||
| 34,832 |
This page does not form part of the statutory financial statements
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