2022-12-31-accounts - British Hen Welfare Trust

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Contents			Page
Trustees' report
Independent Examiner's		report
Statement offinancial	activities
Balance sheet
Statements ofcash flows			8-9
Notes to the accounts			10-17

			Unrestricted	Unrestricted	funds	Restricted	Total	Total
		Notes	General	Designated		funds	2022	2021
			E		E
INCOME
Income from generated funds
Donations and legacies			516,912			37,665	554,577	716,967
Commercial trading operations		3	274,091				274,091	331,811
Other trading activities			37,135				37,135	39,594
Investment income			802				802	344
			828,940		0	37,665	866,605	1,088,716
Income from charitable activities
Sale ofhens			616				616	1,453
TOTAL INCOME		5	829,556		0	37,665	867,221	1,090,169
EXPENDITURE
Expenditure on raising funds
Commercial trading operations			239,865				239,865	291,298
Donations and legacies			78,721				78,721	81,124
Fundraising and marketing			80,855			0	80,855	85,496
Investment management costs			1,315				1,315	1,454
Charitable activities
Hen re-homing and volunteer	management		255,282			10,476	265,758	286,116
Hen awareness and education			167,185			11,601	178,786	180,186
Influencing welfare practices and policies			55,126				55,126	56,854
TOTAL EXPENDITURE			878,349		0	22,077	900,426	982,528
NET INCOME before tax			-48,793		0	15,588	-33,205	107,641
Tax on income							0	0
NET INCOME after tax			-48,793		0	15,588	-33,205	107,641
Net gains (losses) on investments					-25,402		-25,402	37,232
NET INCOME before transfers			-48,793		-25,402	15,588	-58,607	144,873
Transfers between funds		14	987		-987		0	0
NET MOVEMENT IN FUNDS			-47,806		-26,389	15,588	-58,607	144,873
FUNDS BROUGHT FORWARD			161,848		1,288,555	74,112	1,524,515	1,379,642
FUNDS CARRIED FORWARD			114,042		1,262,166	89,700	1,465,908	1,524,515

				Group	Group	Charity		Charity
				2022	2021	2022		2021
				E
FIXEDASSETS
Tangible assets Investments				833,0?6	847,191	833,076 100		847,191 100
CURRENT ASSETS				833,076	847,191	833,176		847,291
Stocks			10	46,202	39,948	0		0
Cash at bank and	in hand			348,100	378,951	340,050		369,757
Investments at fair Debtors	value		11 12	236,419 37,504	261,821 36,626	236,419 79054		261,821 79250
				668,225	717,346	655 523		710828
CREDITORS: Amounts		falling due
within one year			13
Creditors Accruals				25,673 9,720	35,202 4,820	14,591 8,200		29,504 4,100
				35,393	40,022	22,791		33,604
NET CURRENT ASSETS				632,832	677,324	632,732		677,224
NET ASSETS			15	,465,908	1, 24,51
RESERVES
Unrestricted funds			14
General fund				114,042	161,848	114,042		161,848
Designated funds				1,262,166	1,288,555	1,262,166	1,288,555
Restricted funds				89,700	74,112	89,700		74,112
Total income funds				,4 5, 08	1,524,515	,465.	.	. 5

						2022	2021
							R
Cash flows from operating	activities
Net income from operating	activities					(58,607)	144,873
Adjustments for:
(Gains)/losses on investments						25,402	(37,232)
Investment income						(802)	(344)
Depreciation charges						35,449	39,266
(Gains)/losses on sales offixed		assets
(Increase)/decrease in debtors						(878)	25,295
Increase/(decrease) in creditors						(4,629)	11,889
(Increase)/decrease in stock						(6,254)	(2,501)
Purchase of property, plant and		equipment				(21,334)	(41,727)
Net cash provided by (used	in) operating				activities	~31,653	139,519
Cash flows from investing	activities
Proceeds from sale of property,		plant	and		equipment
Interest received						802	344
Purchase of investments
Net cash provided by (used	in) investing				activities	802	344
Change in cash and cash equivalents			in	the
reporting period						(30,851)	139,863
Cash and cash equivalents	at beginning			ofyear		378,951	239,088
Cash and cash equivalents	at end of		year			348,100	376,951

					2022	2021
Cash flows from operating	activities
Net income from operating	activities				(58,607)	144,873
Adjustments for:
(Gains)/losses on investments					25,402	(37,232)
Investment income					(1,942)	(1,292)
Depreciation charges					35,449	39,266
(Gains)/losses on sales offixed assets
(Increase)/decrease in debtors					196	36,236
Increase/(decrease) in creditors					(10,813)	14,759
Purchase of property, plant and equipment					(21,334)	(41,727)
Net cash provided by (used	in) operating			activities	31,649	154,883
Cash flows from investing	activities
Proceeds from sale of property, plant		and		equipment
Interest received					1,942	1,292
Purchase of investments
Net cash provided by (used	in) investing			activities	1,942	1,292
Change in cash and cash equivalents		in	the
reporting period					(29,707)	156,175
Cash and cash equivalents	at beginning		ofyear		369,757	213,582
Cash and cash equivalents	at end of	year			340,050	369,757

The summary	financial	pe	rformance ofthe charity alone is:
				2022	2021
Incoming resources				593,130	758,358
Gift aid from	subsidiary	company		32,106	38,585
Interest and	management		fees charged to subsidiary	2,120	1,928
				627,356	798,871
Cost ofgenerating funds				160,891	168,074
Expenditure	on charitable		activities	499,670	523,156
				660,561	691,230
Net incoming	resources			-33,205	107,641
Net gain on	investments			-25,402	37,232
				-58,607	144,873
Total funds brought forward				1,524,515	1,379,642
Total funds carried forward				1,465,908	1,524,515
Represented	by:			1,376,208	1,450,403
Restricted income funds				89,700	74,112
Unrestricted	income funds			1,465,905	1,524,515

The summary financial perform	ance ofth	e subsidiary alone is:
			2022	2021
Turnover			274,091	331,811
Cost ofsales and administration	costs		241,985	293,226
Net profit			32,106	38,585
Amount gift aided to charity			32,106	38,585
Retained in subsidiary			0	0
The assets and liabilities ofthe	subsidiary	were:
Current assets			53,058	53,058
Current liabilities			52,958	52,958
Net assets			100	100
Aggregate share capital and reserves			100	100

across the UK. It is not pr	across the UK. It is not pr	acticable to attach a v	acticable to attach a v	acticable to attach a v	alue to thi	s contribution.
5.ANALYSIS OF INCOME		AND ENDOWMENTS				Unrestricted	Restricted		Total	Total
						funds	funds		2022	2021
Voluntary income								R	R
Donations						433,731		37,665	471,396	616,241
Gift aid tax recoverable						71,315			71,315	93,653
Covid 19support									0	4,573
Legacies						11,866			11,866	2,500
						516,912		37,665	554,577	716,967
Activities for generating		funds
Commercial trading			operations			274,091			274091	331,811
Corporate sponsorship						28,875			28,875	31,628
Advertising and		fees				8,260			8,260	7,966
						311,226			311,226	371,405
Investment income
Bank interest						802			802	344
						802			802	344
Charitable activities
Sale ofhens						616			616	1,453
Voluntary income includes	the following			donations	received	from charitable trusts:
The Sheepdrove Trust				10,000		The Primrose Trust			15,000
The Sylvia Aitken Chatitable Trust					2,000	The Animal Defence	Trust		1,500
H Henderson Family Charitable	Trust				250	Pets at Home Foundation			22,000
The Diana Edgson Wright Trust					1,000	The Walker 597Trust			600
Animal Affairs					1,000	Norman Family Charitable		Trust	1,000

						Other
					Staff	direct	Support	Total	Total
					costs	costs	costs	2022	2021
6.ANALYSIS	OF EXPENDITURE (unrestricted)				R
Expenditure	on raising funds
Commercial trading operations						239,865		239,865	291,298
Donations	and legacies				46,084	3,357	29,280	78,721	81,124
Fundraising and marketing					10,323	63,212	7,320	80,855	85,496
Investment	management				250	20	1,045	1,315	1,454
Expenditure	on charitable activities
Hen rehoming and volunteer			management		129,035	42,591	83,656	255,282	273,384
Hen awareness and education					92,740	7,519	66,926	167,185	153,220
Influencing	welfare practices	and policies			31,890	2,323	20,913	55,126	45,031
ANALYSIS	OF EXPENDITURE		(restricted)
Expenditure	on raising funds
Fundraising and marketing
Expenditure	on charitable activities
Hen rehoming and volunteer		management				10,476		10,476	12,732
Hen awareness and education					10,488	1,113		11,601	26,966
Influencing	welfare practices and policies							0	11,823
					20,810	369,363	209,140	900,426	982,528
7.SUPPORT	COSTS ALLOCATION					Admin
			Staff		Property	and	Legal and	Total
			costs		costs	office	Finance	2022
Expenditure	on raising funds
Donations and legacies			6,505		2,774	18,422	1,579	29,280
Fundraising	income		1,626		693	4,606	395	7,320
Investment	management			232	99	658	56	1,045
Expenditure	on charitable
activities
Hen rehoming and volunteer
management			18,584		7,926	52,635	4,511	83,656
Hen awareness and education			14,868		6,341	42,108	3,609	66,926
Influencing welfare practices and
policies			4,646		1,981	13,158	1,128	20,913
								209,140

	YEAR ENDED 31STD	ECEMBER 2022
EDITORS - amounts	due within one year	Group		Charity
		2022	2021	2022	2021
Trade creditors		12,536	24,005	5,131	20,458
Other		13,137	11,197	9,460	9,046
Accruals		9,720	4,820	8,200	4,100
		5,393	40,022	2,791	33,604

OVEMENTS	IN CHA	RIT	ABLE FU	NDS
									At 31
				At 1January				Gains and	December
				2022	Income	Expenditure	Transfers	losses	2022
					f.	R		E
Restricted	funds (see Note 13)			74,112	37,665	-22,077		0	89,700
Unrestricted	funds
General fund				161,848	589,691	-638,484	987		114,042
Designated	funds:
Employee	commitment		fund	376,822				-25,402	351,420
Capital equipment		fund		40,000					40,000
Property development			fund	761,733			-987		760,746
Education				35,000					35,000
Hen health				75,000 1,4, 3	5,6	- 38,484	0	75,000 -542,376, 0

				Fixed	Current
				assets	assets	Total
				R
Restricted	funds			15,655	74,045	89,700
Unrestricted funds
General fund				56,775	57,267	114,042
Employee	commitment		fund		351,420	351,420
Capital equipment		fund			40,000	40,000
Property fund				760,746		760,746
Education	fund				35,000	35,000
Hen health	fund				75,000	75,000
				833,176	632,732	1,465,908