Company regl8tratlon number 080218BS Charity registration number.. 1147324 Mayflower Sanctuary Limited (A company limlted by guarantee) Annual Rèport and Financial Stslem•nts for the Year Ended 30 June 2023 Crozier Jones LLP Chartered Certified Accountants and Registered Audilor8 9113 Thome Road Doncaster South Yorkshlre DN12HJ
Maynower Sanctuary Llmlted Contents Trustees, Report 1106 Independent ExamlneV8 Report 7t08 Stslement of Flnaneial Activitie¥ 9t010 Balance Sheet Notes lo the Flnancial Statements 121026
Mayfiowor Sanctuary Limltsd Trustees, Report The trustees. who are directors for the purposes of company law, Present the annual report together yth the financial slalements of the eharilable company for the year ended 30 June 2023. ObCtIve* and actlvltles Objects and •lmJ The objectives of the charity are.. To relleve the 8uffering and di$lres8 of anlmals wbo are in need of c8re and attention by reason of sickne55 or because they are strays, have been abandoned, neglected mallrealed, Sn particular by the provision of a rescue service and re-homing service and foster home8 for temporary accommodation of such animals. To educate members of the public on matters concemlng animal wellare. The relief of poverty of pet ownérs who are in need and In particular by assi8llng In the provi8lon of a neutering service. Our MISS 18 to.. Provlde kennel and cattery Space for animals in need which rèduces the number of pets aban¢Joned andlor euthanised every year. Support rescue operations ol the UK by provlding kennel 8pa¢e for anlm418 In emergency 9Sluats'on•. Reduce the number of animals entering animal weware serylce8 through education and the promollon of responsible ownfjrship, provi8ion ol support lo owners to help them ke•p their pets, and by c8mpaignlng for change. Provid• the Iheapeutl¢ beneflls of respon81ble p81 ovmership and Int•rath'on wth dogs and catg. Our serylces Include the rescue and rfrhoming of dogs and cats, the neutertng, microchipping and vaccination of every dog and cal wo come into contact wbth, the education of pel ownerB and the provision of cattery and kennel space for anlmal8 Publ1¢ b•nefft When planning the aGtivili88 for the year the Iru8tee¥ have con8idered the Commlssbon'g guidanc• on the publi¢ boneffit. The actlvltles descrlbed above, and achlevemenly outlined elsewhere in thls report d•liv?r protection and care for injured or vulnerable anlmalg and hence deliver public benefit. The trustee5 confimi that they have cornplied wth the requSrements of section 17 of the Charftle8 Act 2011 lo have due reggrd lo the public benefft guidance published by the Charity Commission for England and Waks. Page 1
Mayflower Sanduary Llmited Trustees, Report Achl•v•m•nls •nd pgrfomian¢• Post covid, Mawlower Sanctuary has experienced a subslanlial decrease in the number of dogs and cats being rehorned, coupled Vth an unprecedented increase in numbers needing lo come into care. MayN¢)wer is always al maximum capacrty, operating wailing lists for both dogs and cats. Unfortunately. all rescues find themgelveB In thls sriualion 8nd it can often be difficult explaining to families needlng care for their pet. that animals neèd to be rehomed in der lo create space lor other needy animals. Durtng the 12 monlh perlod from 1st July 2022 to 30th June 2023, M8yfiower ha8 rehomed 228 dogs and 156 cats. However, the Sancluary remalns busy and Is constantly moving forward to maintain the aims and objectives of the charity. We continue lo give education. guidance and support lo pel owners and Members of the publlc on dog and cal weltsre i88ue8. In recent year8, Maffjower Sanctuary has helped [fare oryanlsallons abroad Imosl r•¢enlly Romanial rehom& dogs In Ihls country. However, follovAng issues wrth Defra, a direcl result of the war in Ukraine, %then a ban of imp¢rt8 from ctsrtain Gountries in EleM Europe was imposed, lh• number of Romanlan ree$ dropped. Although the b•n was subsequontly Ilfted. the Influx of UK dogs needing welfare h85 m•8nt that Mayfiower has not received any dogs from oulsldè the UK since April 2023, although the Sanctuary continues to support foreign welfare organisatsons through allernalive means (food, bèdding. olcl. Such was tho success of the change to 8ppolntment only vlewng$. th1$ method of ehoo$lng companion continues successfully. With 2023 being malower'S 20th Anniversary year, we hope thèl dog and cat adoptions 11 8lart lo Increase once more. The M8yfiower Boarding facilltles continue to be an asset, fllled to cap8clty on many occasion8, Specially during Gchool holldays. Page 2
Maynower Sanctuary Llmltsd Trustees, Report Like most Animal Welfare organ1tI0ft, Maynower continues to cope the current economic Crisi$, relying on and heartened by, th8 support received from the community. Dedicated $t8ff worfK alongwde enlhusiaslic volunteers and donallons are made by individuals and organisalions large and small. Some donations are given regulady, s¢me on a one off basis, but all gratefully received. anlsalionB 8uch as the Assoclation of Dogs and Cats H¢)mes provide valuable 8UPPtsrt. In partlcular, dur6ng this period, a grant from ADCH, in conjundon wth Mars pel foody, of £1500.00 bpocrfically towards food costs lor animals in care. A Further £5000.00 ha5 been awarded by ADCH lor help durlng the coyl of living crisis. This was mueh needed al o lime when finances were low, Help towards ever incre89Ing votenary bills ha¥ been Inv4luable, in particular the Barry Green Memorial Tru811£10,000.001 and Schnauzerfest1£1000.00). other local organisation Such as Amazon. Jolley's and Pets al Home have ntinued to support Maynower. Our grateful thanks go lo everyone, be It an Indlvlduol or g large organisation- we rely on Iheir generous support. Funds continue lo be ralsed &t events $u¢h 09 the Annual Dog Show, trte Sponsored Dog Walk. the MalOwer Ball, street collection$, onllne auctions and Chriglmas Table Top sale, Theye event5 not only raise much needed ILbnds. bul also connect ug wth the local communlty. Our thanks lor all the hard work involved in orggnising and running the event8 go out lo our volunteer force Bnd to Iyjf supporters for partaklng. With continued help and 8UPPOrt trom the comrnunity. local buslne38 and other organi8aliong, Maynow•r looks forward lo contlnuing tho Chgrily'¥ oblectlve¥. Flnanclal r•vl•w During the year, incorne fell by approxlmalely £225,000 compared to 2022. malnly due to a f811 In leg8cies 01 £213,000. Expenditure increased by approximately £101,000 mainly for salary costs and depreuation on leasehold Improvements incuired during Ih? year, and thus the ¢harity showed deficll of £134.000 compared lo 8 surplus of £191,000 in 2022. Polky on r•$ery•s At the year end reserve$ Carrfed forward were £530,009 made up of £56,363 reslricled fiJnd8 and £473,646 unreslricled funds 12022. Totsl fund8 of £663,767 Includlng £111.902 restricted and £551,865 unrestricted funds). The Charlty malntslns reserve5 agalnsl fiJluTe needs and unloreseen ConngenCIeS, The current level of reservès Is considered adequate for such funds. Pagg 3
Mayllowor Sanctuary Limited Trustees, Report Rgfgrence and Admlnl8trntlve Detsl Charbty R8gistration Number.. Company Regislrallon Number. 1147324 08021885 Tho ¢hanty 18 incotporaled in En and WaleB. maOWer Sanctuary Narrow Lane Ba Donc8ster South Yorkfjhlre DNIO 6QJ Regi¥tered Offlce". Independent Examlmr.. Crozier Jones LLP Chartered Certified Accountants and Reg18tertd Atsdilor¥ 9113 Thorno Road Doncaster South Yovkshlre DN12HJ 8anker8'. HSBC Bank plc 1 HSgh Str•8t Doncaster South York8hire DN11EE Tru*t••s and offlcor• The tru$t•es and officer$ senilno durfThJ the year and glnce the year end wer• 88 follfft.. Trusle•8-. Mr8 J L FoXa1L0Id Mr S Lord Mr K Wigham Mrs E A Wlgham Mr8 M A Godley Mr K G Godley r P WilklnBon Page 4
Mayfiower Sanctuary Limited Trustees, Report StructUrn• govwnance and management Naturn of govemlng document The charity is a company limited by guarantee (company registration number 080218851. Th8 charfty'8 con811tullon 18 8el down In Article8 ol A350d8tlon ¥$ approved by the Charty Commi58ion. R•crultment and appolntment of trust3 In aceofdance with the charills constrtulion new Iru51ees may be appointed by ordinary resolution of the mernbers or by the existing Iruslee8 and Te-appobnled al the next annual general meeting. The trustees regularty review the composition 01 thè board and recruit new tru5teeB il necessary In the Ilght of sknll and experience requlred and available. Aff*nqwn•nts for s•ttlng k•y m•nag•m•nt personnel remuneratlon The fcllowng people artr kèy p•rsonnel.Rèmuneralion levels are sel by Ih? Tfus1008. Billy Ellerby - Kennel Manager Michell& Fox- Boardlng Kennel Manager Organlsatlonal •tructur• The ch8rlly18 managed by a board of directors. The Dlrector8 are the Charity Trustees as defined by section 97 of the Charitiès Act 1993. Oireelors arè raferr•d lo a8'tru5teeB.' The tNslee8 regularty revlew the major rfsks assoclated with the charity ath'ville¥ and where approprlale Implement and monltor appropriate procedures to mltigale percelved riyks, Trust•• Ind•mnlty In8ur•nc• In accordance wllh norm81 commerdal pracuce. the charity ha8 purchased Ingurance lo protect tru51ees and officern Irom clalms arising from negligent act8, error8 or oml8slons whllsl on charrty businey8. 31atsm&nt ot tru•to•8' re•ponslblllllo• The Iruslees (who are also the directors of Maffjower Sanctuary Limited for the puTpo$e$ of Company lawl are responsible for preparing the Iru51ee5' report and Ihe financial 51alemenls in accordance with applicable law and Unlled Klngdom A¢¢ounling Standaid¥ Iunrtfjd Kingdom Generally Acceptod Accounting Practlcel and applicable law and regulations. Company law requires the Iru5tees to prepare financial Statements for each financlal year. Under company law the trustees musl not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the ¢harrtable company and ol the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financAal statements. the Iruslee8 are required lo.. select suitable accounling policie3 and apply them consistently., observe the methods and prfnciples In the Charilles SORP 2019 IFRS 102>., make ludgements and estimate5 that are reasonable and prudent., stale whether UK accounb'ng standards have been followed, subject to any material departures disdosed and explained in the financial stalemenls., and Page 5
Mayfiower Sanctuary Llmltsd Trusts•s' Report prepare Ihe financial statements on the golng concem basis unless it 1$ inappropriate lo presume that the charitable company will continue in bu8ine8s. The trustees are responsible for keeping adequate accounts.ng records that disdose with reasonable sccuracy al any lime the financial posrtion of the charitable company and enable them to ensure that the financbal statements comply with the Companies Act 2006. They are also reBponsible for Safeguarding the assets of the charitable cornpany and hence for t8g reasonable steps for the prevention and deteth.on of fraud and other irregulanb'es. The trustees are responsible for the maintenance and integrity of the corporate and financial Infomialion Included on the charitable company's web$lte. Legislation governlng the preparatlon and dissemination of financlal statements may differ from legislation in other jurigdicts'ons. Th? annual rgport was approved by the trusloe$ of tho i*arity on 19 MJr¢h 2024 and $Sgned on Its behaw by .}J.lJJÉ&< Mrs J L Foxall-Lord Trustee Mr S Lord Page 8
Maynower Sanctuary Limited Independent Examinerfs Report to the trustees of Mayfiower Sanctuary Limited I'the Company, I report lo the charity trustees on my examinaticffi ol the accounts of Ihe charity lor the year ended 30 June 2023. R•8ponslbllbtles and bas18 of roport As the charity's Injslees of the Company land algo dlrectors for the purposes of company lawl you are responsibte for the preparation of the accounts in accordance the requirements of the CompinSe$ Act 2006 {Ihe 2006 Acl'l. Having satlsffed myself that the accounts of the Company are not required lo be audlted under Part 16 of the 2006 Act and are eligible for independent eKaminats'on, I reptsrt In respect of my examlnation of your charfty's accounts as carried out under secb'on 145 of the Charibey Act 2011 I'the 2011 Act'i. In carrying out my examinallon I have foltowed the Directions given by the Chanty Commission under ction 145lSllbl of the 2011 Act. Ind•p•ndent •xamln•r'g stat•m•nt Since the charity's gr058 Income exceeded £250,000 your examlnèr musl be a member of a body 118led In 8eclion 145 01 the 2011 Act. I conlrm that l am qualified lo undertake the exarninallon because l am a membgr of the Association ol Chartered Certified Accountanls. which is one of the li81ed bodies. I have completed my examlnallon. I confirm that no matter8 have come lo my attention in conneGtlon with the examinatlon glvlng me cause to belleve.. aOUnn9 records were not k•pl in respect of Maynower Sanctu8ry Llmhed as required ty section 386 of the 2006 Act.. or 2. the accounts do not accord wlh those records., or 3. th• 8ccounl8 do not comply with the accounting requlremenls of 8ecllon 396 of the 2006 AGt other than any requlremenl that the accounls give a '¢fue and fair view thich is not a matter onsidered 85 part of an independent ex8mlnalion'. or 4. the accounts have not been prepared in accordance wlh the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable lo chadtleg prepaiing their accounts in accordgnce wlh the Financi81 Reporting Standard applicable in the UK and Republlc of Ireland IFRS 10211. I have no concern5 and have come across no other matters In connedon with the examination lo which attention should be drawn In this report in order to Ènable a proper understanding of the accounts to be reached. Mr rozi MA{ Assodallon of Cha b) FCCA ACA ATII Certffied Accoun18nls Crozler Jones LLP Chartered Certifi¥tJ Accountants and Reglstered Auditors 9113 Thome Road Doneasler South Yorkshire DN12HJ Page 7
Maynowor Sanctuary Llmlt•d Indepondent Examiners Report to the truste88 of Mayfiower Sanctuary Limited ('tho Company.) 19 March 2024 Page 8
Mayllower Sanctuary Llmlted Statement of Financial Activities for the Year Ended 30 Juno 2023 (Including Income and Expenditure Account and Statement of Total ReGognised Gains and Lossos) Unv¢strlctsd fund• R•strlct•d fund• Total 2023 Nots In¢om• and Endovm)•nts from: Donatlong and legacies Charflable actlvllles Other trading activrties Investment income Other income 154.377 139.128 101.050 7.911 4,250 28.06S 182,442 139,128 101,050 7.911 4,250 Total Income 4C6,716 28,06S 434,761 Exp•ndlturn on: Rai51ng funds Ch8rftsble activiti'es 12,930) 482,005 12,9301 565,609 83,604 Total expendrture Net expenditure N•1 movement In fund8 484.935 83,604 568.539 78,219 55,539 133,758 78,2191 (55,5391 1133.7581 R•conclll•tlon olfundl Total fvnd8 brought foward Total frJnd8 Carried forward SS1.885 111,902 863,767 22 473.646 56,363 530,009 The notes on pages 12 to 26 form an integral part of these fin8naal statements. Page 9
Maynower Sanctuary Limited Statement of Financlal Activities for the Year Ended 30 June 2023 Ilncludlng Income and Expenditure Account and Statement of Total Recognised Galns and Losses) Unrostrlctsd funds R•strict•d funds Totsl 2022 Not• Income and Endawm•nts from: Donations and legacies Charitable actlvltles other trading activtties Investment income Other income 384,086 199,331 59,371 557 3,825 11,322 395,408 199,331 59,371 557 Total income 647,170 658,492 Expenditur• on: Raiging fund Charitable actlv6Ies 11.923) 398,530 11,923) 465,392 66.862 Total expenditure 400,453 66,8e2 467.315 Net incornellexpendltur8} Transfers betsyeen lunds 246,717 155,5401 191,177 Nel rnovemenl in funds 177,033 14.144 191.177 R•¢onclll•tlon of lund• Total funds brought forward Totsl fvnds carrled I09rd 374.832 97.758 472 590 22 551,865 111,902 663 767 All of the chanty'8 aet6vilies d•rlve from conlSnulng oper8tlon$ during the above ts¥o periods. The notes on pages 12 10 26 fom an Integral part of these finanei81 slatemenl5. Page 10
Maynower Sanctuary Limitsd (Regl$tratlon number: 08021885> Balance Sha8t as at 30 June 2023 2023 2022 Note Fixed a88•ts Intangible asset5 Tangitle assets Investment8 14 1S 16 20.000 73.842 100 22,500 132.937 93,942 155,437 Curr•nt a8•018 Debtors Cash at bank and in hand 17 18 33,195 432,633 44,653 484,774 465.828 529,427 Crndltor•: Amounts fllllng due thIn ymr Not curr•nt •••ts 19 29,761 21,097 436.067 508.330 530,009 663.767 Fund• of th• chrlty: Re•trlct•d In¢om• fund• Restricted fundi 66,363 111,902 UnrnJtrlct•d Income fund• Unrestricted fLbnd$ 473,646 551,885 Totsl fund• 22 530,009 663,767 For the financial year endlng 30 June 2023 th? chartty was enlllled lo exemption from audlt under section 477 of the Companie8 Act 2006 relab'n9 to small companle8. Dlrector8' re8pon8ibllilieJ.' The members have not required the charity to obtaln an audit of Ils account8 for the year In question in accordance th section 476., and The dlreclors acknovAedge their responsibilities lor complylng wilh the requlremenls of the Act wlh re8pect lo acceunting records and the preparation of accounts. The ffinaneial statements on pages 9 10 26 were approved by the trustees, and aulhorised for Issue on 19 March 2024 and signed on thelr behalf by. Mrg J L Foxall-Lord Tnjstee Mr S Lord Trustee The notes on pages 12 10 26 form an inleyral part of these financial statements. Page 11
Mayfiower Sanctuary Llmlted Notes to tho Financial Statements for the Year Ended 30 June 2023 1 Charlty status The charity is limited by guarantee, incorporated in England 4n¢J Wales. and consequenlly does not have share capital. Each of the trustee5 is liable to contributè an amount not exceeding £10 towards the asse18 of thE chartty the event of liquidation. The address of its registered office is.. Maynower Sanctuary Narrow L8ne Bawtry Doncaster South Yorkshire DN106QJ These financial slatomon18 were auihori8ed forlssue by the truslee8 on 19 March 2024. 2 Accountlng pollcl•• Summary of ¥lgnlficant accountlng pollcl•8 and key accountlng •stlmat•8 The prlncipal accounUng pollcles applied in the Prepara'On of these financial statements arè sèt OLrt below. Those pollcle8 hgve been ¢ons18tenlty applied lo 811 the •19 presented, unle88 Othee Stated. 8tatsm•nt of compllanc• The fjnanclal 8lalement8 have been prepared In acGordance vllh Accountlng and Reporting by Chorill•s.' Statement of Recommended Pra¢ll¢? {applicable to charllle8 preparing thelr Bccounls in accordance wlh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211 leffective l January 2019 Icharilies SORP IFRS 10211, the Flnancial Reporting Standard gpplicable in the UK and Republlc of Ireland IFFIS 1021 and the Companles Act 2006. 8a*ls of pr•p•r•tlon Maynower Sanctuary Limited mgel$ the definition ol a public benefit entity under FRS 102. As$el$ and Ilabililies are inilialty recognlsed al histOriC81 co31 or transaction value unle$$ tstheMse 8latod in the relevant accounting policy note¥. Golng concern The Iruslees consider that there are no mateiial uncertainties about th¢ charitV8 ability lo continue as going concern nor any significant are85 01 uncertalnty that affect the carrying value of 89setg held by the charity. Ex•mpUon frryn pr•parlng o ca8h Ilow statèm•nt The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not Included a cash flow statement in these finanoal Statements. Page 12
Mayfiower Sanctuary Limited Notes to the Flnancial Statements for the Year Ended 30 June 2023 Rocla$$lfl¢atlon of comparatlv• •mount8 During the year, specific income $ources have been catergorsied as 'TTading Income" rather than income deriveil from Charitable Acb'vies, in accordanc8 witht the SORP. Thi$ income Is that generated from the boardlng of dog5 and cats. The comparative 8mounls tolaNing £42.855 have been restated. Income and endowm•nts All inrome is recognbsed once the charty has entitlement lo the income, il is probable that the income will be received and the amount ol the Income receivable can be me88ured reliably. Donations and 1og•¢l•8 Donations and legacle8 are recognised w a receSvable ba318 when recelpt 18 Probable and the amount can bt reliably measured. In the event that a donation 1$ Subject to condlllons that requlre level of perfomiancè by the charity belore the charity is entided to the funds, the Income is deferred and not recognised until either those conditions are fully met. or the fulfilmenl of those Cond1.0nS is wholly within the control of the charlty and 11 Is probable that these conditions wll be fvlfllled in the reportln9 period. Legacy glfts are recognlsed on a case by case basis followng the grant of probate vthen the 8dmlnistratorlexeculor for the eslale ha8 established that there are sufficient assets in the e8late, 8ft8r g8111in9 Ilabllitie8 to pay the legacy, and any ctsndlb.ong attached lo legacy are elther withln the Control of charity or have been mel. In the event that the glft Is In the fom of an asset other than cash or a financial a55et traded on a iecogni8ed stock exchange, recognition 1$ subject lo th? value of the gfft being reliably measurable with a degree ol reasonable accuracy ind the btle lo Ihe as$el having been transferred to the charity. Grants rncelv•bl• Gr8nt5 are recogni8ed vthen the charty has an enlltlement lo the funds and any condition8 linked lo the grants have been m8t. Where performance condltlons are attached to the grant and are yel to be mel, the income is recognised as a liability and induded on the balance sheet as deferred income to be releaged. Glft •ld Incoming resources from lax rec181ms are Induded in the Statement of Financial Aclivltles at the game time as the gift lo vthich they relate. Investment Income Interest on funds held on depsoil is included when receSvable and the amount can be measured reliably by the charity,. this i¥ normally upon nolificabon of the interest paid or payable by the bank. Dividendg are recogni¥ed once the dividend has been declared and notrfication has been received of the divldend due. Pagg 13
Mayfiower Sanctuary Limited Notes to the Flnancial Statements for the Year Ended 30 Juno 2023 Expondltur• All expenditure Ss recognised once there is a legal or constructive obligation lo that expenditure, 51 is probable $ettlem8nl is required and the amount can be measured ieliably. All costs arè allo¢aled to the applicable expendf(ure heading that aggregate similar costs to that category. Where costs cannot be directly 811ributed lo parts'cular headings they have been allocated on a basis consislenl with the use of resources, central staff costs allocated on the ba918 of time spent, and depreciation charges aNocated on the portion of the asset's use. Olhef support costs ore allocated based on estimated usage. Ralslng funds These are costs incurred in attracting voluntary income, the management of investments and th08e Incuried In trading ath'vili98 that ra18e funds. Charft•bl• octivitios Charitable expendSlure comprises those c0518 incurred by the charlly in the delivery of Ils actSvllle$ and service$ for its beneficiaries. 11 indudes boih costs that can be allocated direcuy lo such actlvllle8 and those costs 018n indirect nature necessary lo support them. 8upport costs Support co$1$ indude those costs whlch as8181 tho wort of the charity but do not dlr•ctly undertake charitable activitie8 including admin costs. ffinance, govern8nce costs and the central function$ have been allocated lo activity co81 categories on a basi$ ¢onw8lenl wlh the uie of rewurces. Gov•m•nc• co•t• These include the costs attributable lo the charity'$ compllance wlh conslilulional and 51alulory requirements, including preparallon of statutory accounts, independent examination and strategic manag•ment. Governm•nt grants Government grants are recognls•d bas•d cn the perfomance model and are mea¥ured al the fair value of the asset recelved or receivable. Grants are das8ffled as relallng either lo revenue or lo assets. Grants relating lo revenue are fe¢ognl8ed in income In the period In which the charity ha8 entement lo the Incorne and any performance ujndilions have been met. Grants relating to aigèts are recognlsed in lull vthen Ihwe 18 unconditional entillemenl lo the grant. Irv•cov•Mbl• VAT Irrecoverable VAT is charged against the category of resources expended for vthich it was incuried. Taxatlon The company is considered lo pas3 the te818 sel out in Paragraph 1 Schedule 6 of the Finance Act 2010 8nd therefore meets the definition of a charllable company for UK corporallon lax purposes. Accordingty, the charity 1$ polenlially exempl frorn taxation respect of income or capital gains received Wlhin the categories covered by Chapter 3 Part 11 of the Corporab'on Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively lo charitable purposes. Page 14
Mayfiower Sanctuary Limited Notes to the Financial Statements for the Year Ended 30 June 2023 Oood%lI Good?11 is amortised over its useful Ille, which shall not exceed len years rf g reliable estrmate of the useful life cannot be made. Tanglblè fixod assets Individual fixed 9¥39ts cosllng £500.00 or more are Inmlally recorded al co¥1. Amortl••tlon Amortisalion 1$ provided on intsngible fixed 8ssels so as lo write off the cost, less any estimaleil residual value. over their expected useful economic life as follows.. A99gt cla¥¥ Goodwll Amort6$atlon method and rnt• 10 y•gr$ $lraight line D•pr•clatlon and amortl¥Jtlon Depreciation is provlded gn langlble fixed asgels so as to te off the coBt OT Valuation. less any estimated residual valuts, over Ihelr expected useful economic life 49 follows.. A•••t cln Dgpr•cl•tlon m•thod and rnto Slralghl line ba81$ over the unexpired lease term 5 years ¥troighl lin? basI¥ 259K dUcIng balance basi8 5 year8 Btraighl line bashs Tenancy Improvements Plant and machinery Motor vehldes Offlce equlpment Flx•d a•*•t InvèstmentB Fixed asset investments, other than programma related Investments, are Included at C08t value at the balance sheet date. Reall8ed gains and losses on investments are calGulaled 88 the difference been sales proceeds and their cost value al the start ol the year. or their subsequent cost, and are charged or credited to th¢ Statement of Flnanual Ath'vilieg In the period of dispo¥al. Unre8118trd gains and 105888 repre8ent the movem8nl In market values during the ygor and are credited or charged to the Statement of Financlal Acfjvllies based on the Mark value at the year end. Inve¥lmenl8 In associatea are accounted for at cost les9 irnpalrment. Trad• debtorn Trade debtors a amounty due from customers for merchandise Sold or seNlces perfomied the ordinary course of busines¥. Trade debtors are recognised at the settlement amount less any provisi for impalrmenl. A provislon for the impairnient ol trade debloTS 15 e$labli$hed when there 1$ objective evidence that the charity will not be ¥ble to collect all amounts due according lo the original temis of the receivables. Cash and cash oquivalonts Cash and cash equivalents comprise cash on hand and call deposits, and other $hort-leTm highly liquid investments that are readily convertible lo a known amount of cash and are subject lo an insignificant risk of change in value. Page15
Mayffower Sanctuary Limited Notes to the Financial Statements for the Year Ended 30 June 2023 Trad• cr•dltor Creditor$ and provions are recognised wthen Ihere is an obligation al the balance sheet date as a result of a past event il is probable that a transfer of economic benefit wyll be required in settlement and the amount of the settlement can be estimated reliatsly. Creditors and piovisions are normally recognised at their settlement amoul. Trade creditors are obligations lo pay for goods or services that have been acquired in the ordinary course of business from 3uppliers. Accounts payable are classifted as current Ilabilltles 51 the charity does not hava an uncondillon81 dghl, at the end of the reporting period, lo defer settlement ol the Creditor for al lea51 twelve months after the Teportlng date. 11 there Is an uncondIOnl rfght lo defèr settlem•nt for al 1•381 Nvolve months aftei the reporting date, they are presented as non.¢urrenl liabililbes. BorrObn91 Interest-bearing borrowng8 are Inillally recorded al lalr value, net of tran38ctlon costs. Intere81-bearing borrovAng8 are subsequèntly cathed at amortlged cost, wlh the dlfference befv4een the proceedg, nel of Iran8aclion costs, 8nd the amount due on redempllon belng recogn18ed 88 charge lo the Statement of Financial Acts'vilies over the period of the relevant borrowing. Interest expense Is recognlged on the bag18 of the effective interest method and 18 included in Interest payable and gimllaf charges. Bryrowlngs are cla$8lfiod J¥ Current Ilabilllies unles$ the charity has gn unconditional right to defer Settlement of the liabilty for at least fv1ve month¥ gfter the repofung d8t•. Thè charity currenlty has no borrowngs. Fund structur• Unrestricted income fund8 are general funds that are avallable for use at the trustees digcrelion in furtherance of the oblecllveg of the charlty. Reslrlcled Income lunds a those donated for use in a particular are4 or for specific purposes. the Use of vthich is restricted lo that area or purpoge. P•n8lon$ and oth•r po•t r•tlr•m•nt obllg•tlon# The Charlty operates a defined contrfbutson penslon scheme thich 18 a pen81on plan under whlch fixed contributions are paid into a pension fund and the charity has no legal or conglructive obligation lo pay further conth'bulions even if the lund does not hold sufficient assets lo pay all employees the benefits relating lo employee service in the current and prior periods. Contributions to defined contribution plans are recognised in the Statement of Financl81 Activitr'es when they are due. If contribution payments exceed the contribution due for service, the exces$ is recognised a9 8 pr•paymenL Page 16
Mayfiower Sanctuary Llmlted Notes to tho Financial Ststements for the Year Ended 30 June 2023 3 Incom• from don•tlon8 and l•gacle* Unr•slrlctod Total 2023 Totsl 2022 Genernl R•strfct•d DonaonS and legacies., Donations from companles. trusts and similar proceeds Donations from Indlvldua18 Legacies Grants. induding capital granl8', Govemment grants Other grgnls Commi88ions recelved 12.565 12,665 108,617 17,803 11,322 106,490 255.000 108,617 17,803 3.000 12.500 3,000 17,500 5,000 22,957 154,377 28,065 182442 395 408 4 Incom• from ch•rltsbl• •¢tlvltl•• Unr•¥trlctsd funds G•n•ral Tot•1 2023 Tot•1 2022 Adoptlon of anlmalj 139.128 139 128 199,331 Unre8trl¢t•d funds G•n•rnl Tot•l fund• AdoptSon of animals 139,128 139,128 Total for 2023 139,128 139 128 Totsl for 2022 199,331 199,331 Poge 17
Mayfiower Sanctuary Llmited Notes to the Financial Statements for the Year Ended 30 June 2023 S In¢om• from oth•r tradlng activities Unrnstrlet•d nd$ Gen•ral T¢tal funds Totsl 2022 Tradlng income,. Salg$ ol goods and seNlceg other trading income Event8 income; other events Incom• 5,857 75,002 5,857 75,002 8,195 42,855 20.191 20.191 101,050 8,321 101,050 59,371 8 Invtm9nt Incom• Unre•trlct•d fund• Gon•rnl Total 2023 Tot•1 2022 Interest Teceivable gnd Slmllar incomè., Interest receivable on bank d8ptsslt8 7,911 557 7 Oth•r Incom• Unrn•trbct•d funds G•n•r41 Total 2023 Total 2022 Rentsl income 4,250 4,250 Page 18
Mayfiower Sanctuary Llmlted Notss to the Financial Ststements for the Year Ended 30 Juno 2023 8 Expndltur• on ch•rltabl8 actlvltl•• A¢tlvlty und•rtak•n dlr•¢tly Actlvlty •upport cojts 2023 2022 Vel b518 Food and kennels Wages and galaries Employers Nl Employèrs pènslon Premlses expen8eJ Rent Light, heat and pow•r Insurance Repair$ and renewals prtnling, postage and slallon&ry Sundry expenses Cleaning Advertlslng Bank charge$ Motor and travel expenseg Amortsallon of Good Depreclation of lenanl• Improvements Daprècialion of plant and machinery Depreciation ol motor vehides Depredation of office equlpment 84.598 2.220 265.111 11,933 4,484 3,971 35,346 15,890 84,598 2,220 265,111 11,933 4,484 3,971 35,346 15,890 2,675 46,587 3,106 2,157 4,459 467 3,170 5.211 2,500 79,875 3,539 230,189 6,486 3,531 3,710 25,971 9,149 2,345 12,002 2.787 1.493 3.308 188 3,000 5.051 2,500 2,876 48,587 3.108 2.157 4,459 467 3.170 5.211 2,SOO 55.539 65,639 66,540 1,058 4,832 40 1,056 4,832 409 508 6,442 409 534,476 21,245 555,721 458,021 £472.117 {2022 £391,159) of tho above expendlture was attributable lo unrethct8d funds and £83,604 {2022 - £88,862) to restricted funds. In addition lo the expenditure analysed 8bove, there are also govemance co8ts of £9,888 12022 £7,371) vthi¢h relate direcuy to charitable active$. See note 9 for fijrther details. Page 19
Mayfiower Sanctuary Llmlted Notes to th• Financial Statements for the Year Ended 30 June 2023 9 Analysls of gov•rn•nc• •nd ¥upport costs Gov•rnanc• COBts Unrestri¢t•d fvnds G•n•ral Totsl 2023 Total 2022 Independent examiner fees Examln8t+on of the financial statements Legal and professlonal fee8 3,500 6,388 3,500 6,388 3.195 4.176 9,888 9,888 7,371 10 Tru$te•• Mmun•rntlon and exn8•S During the year the charty mad• the lollovlng transactlon8 whh tru8le•8'. MrK G Godley £19912022.. £NIII of expenses were relmburJed lo Mr K G Godl•y during the year. No trugtee8, nor any pèrsons connected with them. h8v• received any remuneration from Ihg charlly during the year. No trustees have recelvéd any other benefits from Ihe charlty durin9 the year. 11 St•ff cl The aggregalt payroll costs wor? 05 follows.. 2023 2022 Staff co8t8 durfng th• y•ar worn: Wages and Salaries Soclal securty coyts Pension cosls 265,111 11.933 4,484 281,528 230,189 6,488 3,531 240,206 The monthly average number of persons linduding 8&nior management I leadershlp team) employed by the charity durbng the year expre5yed 8$ full time equivalen18 W8$ 89 follows.. 2023 2022 No Average number of staff employed The number of employees on a headcount basis was 18 {2022.' 161. 13 No employee received emokjmenls ol more ihan £60.000 during the year. Page 20
Mayflower Sanctuary Llmlted Notes to the Financial Statements for the Year Ended 30 June 2023 12 Ind•p•ndent •x8mln•¢• remunoratlon 2023 2022 Examination of the ffinanaal slat•m8nl8 3,500 3,195 13 Txatlon The eharily Is a reglstered charity and is therefore exempl from taxaJon on charltst4• Incom• or gains applied to charitable purposes. 14 Intanglble Ilx•d a8•t• Good%lll Tot1 Cost At 1 July 2022 At 30 June 2023 25,000 25,000 25,000 25,000 Amortllatlon At 1 July 2022 harge for th? year At 30 June 2023 2,50Q 2,500 2,500 2,500 5,000 5,000 Nol book valu• At 30 JLtne 2023 20,000 20,000 At 30 Junè 2022 22,500 22,500 16 T*nglblo flxed •¥•ots T•n•nts Improv•m•nt• Fumituro and •qulpm•nl Motor vohlcl•• Total Cost At 1 July 2022 Addition 431.170 8.820 2,741 36,828 476,818 2.741 At 30 June 2023 431,170 11,561 36,828 479,559 Depreciation Al 1 July 2022 Charge foi the year AI 30 June 2023 320,096 55,539 8,284 1,465 17,501 4,832 343,881 81,838 375,635 7,749 22,333 405,717 Not book valu• Page 21
Maynower Sanctuary Llmltod Notes to the Financial Statements for the Year Ended 30 June 2023 T•nant8 Improvem•Thts Furniturn and equlpment Motor Vehlclos Totttl At 30 June 2023 55,535 3.812 14,495 73,842 At 30 June 2022 111,074 2,536 19,327 132.937 16 Flx•d aèt inv•stment 2023 Other inve81ments 100 Othar Invo8tm•nts Unllgtsd Inv••tmonl• Total Cost or V•lu•tlon Additions 100 100 At 30 June 2023 100 100 Not book valuo AI 30 June 2023 100 100 The investment amount repre$•nt$ the vlue of Shares held In Mgwlower Sanctuary Boardlng Llmlted Ico reg.. 147119861. Det•ll• of und•rtakln Detail¥ of the Inveslmenl$ in 1¢h the chadly holds 20% or moro of th• nominal value of any class 01 share capilal ale a5 lollows.. Country of Incorporatlon Proportlon of votlng rlghts and sh•res held 2023 2022 Prlnclpal •cVIty Und•rtaklng Holdlng Subsldlary und•rt•klng• Maynower Sanctuary England and Boarding Limited Wales Ordinary 100% B08rdlng Kennels 17 Debtor8 Page 22
Mayfiower Sanctuary Llmited Notss to the Flnanclal Statements for the Year Ended 30 June 2023 2023 2022 Trade d•btors Due from group und•rt8klngA Prepaymonts VAT recoverable Other debtors 2,155 500 21.249 9.271 20 31,513 13,120 20 33,195 44,653 Page 23
Maynower Sanctuary Llmlted Notes to the Financial Ststements for the Year Endod 30 June 2023 18 Cash and cash •qulvalontJ 2023 2022 CByh on hand Cash at bank 20 432,613 484,730 432,633 484.774 19 Cr•dlt¢rn.' amount• falllng du• vAthln on• yoar 2023 2022 Trade cre(lilor$ Other creditor8 Accrual8 19,796 2,281 7,884 9,792 1,738 9,569 29,761 21,097 20 Obllgatbon8 und•r10••08 and hlrn purch*M eontracts Operatlng l•aso commitJn•nt• Tot45 future minimum lease payment8 under non-cancellablfj opergllng lea8es are as follow9.' 2023 2022 L•nd •nd bulldlng• Wlthln one year Bele¢n one and five years 34.096 88,192 34,096 102,289 102,288 136,385 21 P•n#lon and oth•r •ch•m•s Dorin Gontrlbutlon p•n•lon •ch•m• The Gharily operates a defined contrlbullon penslon scheme. The pen¥lon cost charge for the year represents contrbbutlons payatje by thè charity to the stheme and amounted lo £4,484 (2022 £3,531}. Page 24
Maynower Sanctuary Limited Notes to the Financial Stalements for the Year Ended 30 June 2023 22 Fund8 Balance Jt 1 July 2022 Incomlng ourc•• Re¥ourc•¥ •xp•Trded Bal•nc• at 30 Jun• 2023 Unr6•trict•d fundB Gènèral 551.865 406,716 (484.9351 83,604 473.646 R•strlctsd fund• 111,902 56.363 Totsl fund• 663,767 434,781 568,539 530.009 BalAnc• at 30 Jun• 2022 B•l•n¢• ot Incomlng R••ourc•• 1 July 2021 ro•ourc•• •xpendod Trnn•f•rn Unro•trlctod fund• Ganerol 374,B32 647,170 {400,4531 66.862 169.6841 69,684 551,885 111902 R•Btrlct•d fund• 97,758 11,322 Totsl fund• 472,590 658.492 487,315 863 767 23 Anoly•l• of n•t a•••t• b•tr•M•n funds Unr••trlct•d lund• Gon•rnl Tot•1 fund• It 30 Jun• 2023 RMtrlct•d fund• Inlangitle fixed as8ets Tanglble Ilxed assets Fixed a$Jet inve$tm?nt¥ Current assets Current liabilities 20.000 18,307 100 465,000 29,761 20.000 73,842 100 465,828 29.761 55,535 828 Total net assets 473,646 56,363 530 009 Unr•strfctsd fund8 G•neral Tolal fund• at 30 Jun• 2022 Rostrlctgd funds Inlanglble flxed asyets Tanglble fixed assets Current assets Current liabilities 22,500 21,863 528.599 21.097 22,500 132,937 629,427 21,097 111,074 828 Total net assets 551,865 111902 Page 25
MaYfi0r Sanctuary Limited Notss to Iho Flnancial Statements for the Year Ended 30 June 2023 24 Rel•ted paty trnn¥a¢tlon¥ During the ye4r the charlty made the folowng related p8rty transaction¥.' Mr S Lord and Mr¥ J L Foxallthd Induded in expendlture on charitable actlvtues Is £35,346 (2022 £25.9711 relating to rent and charge8 for the common facilities and out of hours securilies and attendancès paid to Mr S Lord and Mrs J L Foxall-Lord, ar• tnjslees, as specified in the lease agreement. Al the balance sheet dato the amount due tomrom lo Mr S Lord and Mrs J L FoxalkLord was £NII 12022 - £3,500). Page 26