Charity number: 1147719 **TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** Maria’s Animal Shelter Annual Report 2022 ## **Contents** ||Page| |---|---| |Reference and administrative information|**1**| |Trustees' report|**2**| |Independent examiners report to the trustees|**4**| |Statement of financial activities|**5**| |Balance sheet|**7**| |Notes to the financial statements|**8**| ## **Reference and Administrative Information** ## **Charity name Maria’s Animal Shelter** **Charity number 1147719** ## **Registered address** 44 Parkengear Probus Truro TR2 4JT ## **Trustees (on date report approved)** Mrs M Mulkeen Mr P Mulkeen Mr A Thomas Miss R Mulkeen Mr T Hendra Mrs R Thomas ## **Independent examiner** Michelle Dash 2 Trevanion Court Truro TR1 3RE 1 ## Maria’s Animal Shelter Annual Report 2022 ## **Trustees Report** The Trustees are pleased to present their report and the accounts for the year ended 31 December 2022 for Maria's Animal Shelter. The Trustees who served during the year and up to the date of this report are set out in page 1. ## **Structure, Governance and Management** The charity is governed by a constitution adopted on 1 June 2012 and amended on 15 June 2012. The Board of Trustees manages the activities of the charity. New Trustees may be appointed by the members at the Annual General Meeting. ## **Charitable Objectives** To promote humane behaviour towards 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 and to educate the public in matters pertaining to animal welfare In general and the prevention of cruelty and suffering among animals. The Trustees have referred to the Charity Commission guidance on public benefit when reviewing our aims and objectives and in planning our future activities. ## **Acknowledgements** We as a charity are aware of the importance of having volunteers and supporters who are generous with their time and financial help. It is their support that helps us to carry out our work and we thank them for this. ## **Activities and Achievements** From 1[st] January to December 2022, we have assisted in helping 253 animals (2021 – 259 animals). Activities over the year has been to help post Covid abandonments and critical animal cruelty cases that need rehoming. A few fundraising activities have been held but we are short of volunteers, so it is a struggle for us at present. This has been exasperated by the current financial crisis meaning people have less money and time for volunteering. 2 ## Maria’s Animal Shelter Annual Report 2022 This year there have been no new apprentices. We have four paid part time members of staff which is costing the charity a lot of money but still falls short of optimum staff. The charity has become extremely busy and need reliable staff to work efficiently. ## **Financial Review** The financial results of the charity for the year are set out on page 5. The charity's reserves are held to cover unexpected expenses and future operating deficits. There are few fixed costs and so no reserve is required to cover these in the event of closure. - Unrestricted reserves as at 31[st ] December 2022 were £141,793 (2021: £130,490) - This level of reserves are maintained to keep the charity running in the event of reduced incoming resources. - Restricted reserves show a deficit of £6.5k (2021: £8k) after charging £6.5k depreciation. Of our £57k restricted reserves, £57k will be drawn down in depreciation of assets over the next few years, there is no cash held pending completion of funded projects. ## **Future Plans** We are currently hoping that the financial aspect of the charity improves with regard to donations, events and funds. This would help pay costs for staff and encourage volunteers which we need far more than we have at this present time. Our overall aim for the coming year will be to continue to rescue, treat and re-home as many animals as our resources allow and provide high quality care for those who are permanent residents of the Shelter. Approved by the Trustees and signed on behalf of the trustees by: ……Maria Mulkeen…………………. Maria Mulkeen Trustee Date……08/08/2023…………… 3 ## Maria’s Animal Shelter Annual Report 2022 ## **Independent examiner’s report to the trustees of Maria’s Animal Shelter** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2022. ## **Responsibilities and basis of report** As the charity’s trustees of the you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2018 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** My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in audit and, consequently, no opinion is given as to whether the accounts present a “true and fair view" and the report is limited to those matters set out in the statement below. I have not accepted payment for my services. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: - which gives me reasonable cause to believe that, in any material aspect, the requirements - a) to keep accounting records in accordance with section 130 of the 2011 Act; and - b) to prepare accounts which accord with the accounting records, comply with the accounting requirements of the 2011 Act have not been met; or - to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 4 Maria s Animal she￿er Annual Re￿rt 2022 Michelle Dash FCCA Dated: Maria’s Animal Shelter Annual Report 2022 ## **Statement of Financial Activity** |Note
**Income and Endowments**
**from**
Donations & Grants
2
Charitable Activities
3
**Total**
**Resources Expended**
**Expenditure on:**
Raising funds
4
Charitable Activities
5/6
**Total**
**Net income/(expenditure)**
**before transfers**
Transfers between funds
Total funds brought forward
**Total funds carried forward**|Unrestricted
Funds
Restricted
Funds
£
£
56,042
16,151
11,817
0|Total Funds
2022
Prior Period
Funds 2021
£
£
72,193
59,466
11,817
10,807| |---|---|---| ||67,859
16,151|84,010
70,273| ||1,825
0
54,730
22,633|1,825
1,847
77,363
78,355| ||56,555
22,633|79,188
80,202| ||11,304
(6,482)|4,822
(9,929)| |||| ||0
0|0
0| ||130,489
57,790|188,279
198,208| ||141,793
51,308|193,101
188,279| 6 Maria’s Animal Shelter Annual Report 2022 ## **Statement of Financial Activity** to 31[st] December 2021 |**Income and Endowments**
**from**
Donations & Grants
Charitable Activities
**Total**
**Resources Expended**
**Expenditure on:**
Raising funds
Charitable Activities
**Total**
**Net income/(expenditure)**
**before transfers**
**Transfers between funds**
Total funds brought forward
**Total funds carried forward**|Unrestricted
Funds
Restricted
Funds
£
£
35,466
24,000
10,807
0|Total Funds
2021
Prior Period
Funds 2020
£
£
59,466
70,827
10,807
6,942| |---|---|---| ||46,273
24,000|70,273
77,769| ||1,847
0
46,114
32,241|1,847
4,390
78,355
63,640| ||47,961
32,241|80,202
68,030| ||(1,688)
(8,241)|(9,929)
9,739| ||0
0|0
0| ||132,178
66,030|198,208
188,469| ||130,489
57,790|188,279
198,208| 7 ## Maria’s Animal Shelter Annual Report 2022 ## **Balance Sheet** |Note
**Fixed Assets:**
Tangible Assets
10
**Total Fixed Assets**
**Current Assets:**
Debtors & prepayments
11
Cash at bank & in hand
**Total current assets**
**Liabilities:**
Creditors: amounts falling
due within 12 months
12
Net current assets
**Total assets less current**
**liabilities**
**The funds of the charity**
Restricted income funds
16
Unrestricted funds
15
**Total charity funds**|Total Funds
2022
Prior Period Funds
2021
£
£
113,880
124,379| |---|---| ||113,880
124,380| ||1,015
1,068
78,206
63,131| ||79,221
64,199| ||0
(300)| ||79,221
63,899| ||193,101
188,279| ||51,308
57,789
141,793
130,490| ||**193,101**
**198,279**| The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The financial statements were approved by the board on: And signed on its behalf by: Maria Mulkeen Trustee 8 Maria’s Animal Shelter Annual Report 2022 ## **Notes to the Financial Statements** ## **1. Accounting policies** ## **Summary of significant accounting policies and key accounting estimates** The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. ## **Statement of compliance** The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. ## **Basis of preparation** Maria’s Animal Shelter meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. ## **Going concern** The financial statements have been prepared on a going concern basis. The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements. ## **Income and endowments** All incoming resources are included in the statement of financial activities when it is probable the charity will be entitled to the income and the amount can be quantified with reasonable accuracy. ## **Fund accounting policy** Unrestricted Income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity. 9 ## Maria’s Animal Shelter Annual Report 2022 Further details of each fund are disclosed in notes 14, 15 and 16. ## **Incoming resources** Donations are recognised on a cash receipts basis. Incoming resources from tax reclaims are included in the statement of financial activities when received. Income from charitable activities includes income earned, which is recognised when the related goods or services are provided. ## **Resources expended** Liabilities are recognised as soon as there is a legal obligation committing the charity to the expenditure. Expenditure is accounted for on an accruals basis where appropriate. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. ## **Governance costs** Governance costs include administrative expenses, costs of the preparation and examination of the statutory accounts, the costs of trustee meetings and the cost of any legal advice to trustees on governance or constitutional matters. ## **Support costs** Support costs include central functions but not administrative expenses and have been allocated to activity cost categories on a basis consistent with the use of resources. ## **Fixed assets** Individual fixed assets costing £150 or more are initially recorded at cost. ## **Depreciation** Depreciation is provided on tangible fixed assets to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Fixtures and fittings 15% reducing balance basis Office Equipment 25% straight line basis Motor Vehicles 25% reducing balance basis 10 Maria’s Animal Shelter Annual Report 2022 ## **2. Income from Donations & Grants** |Grants
Donations
**Total**|Unrestricted
Restricted
£
£
6,000
12,537
50,042
3,614|2022
Total
2021
Total
£
£
18,537
24,000
53,656
35,466| |---|---|---| ||56,042
16,151|72,193
59,466| ## **3. Income from Charitable Activities** |Adoption donations
Fundraising
Sponsorship
Boarding fees
**Total**|Unrestricted
Restricted
£
£
952
0
6,233
0
3,270
0
1,362
0|2022
Total
2021
Total
£
£
952
790
6,233
3,196
3,270
5,597
1,362
1,224| |---|---|---| ||11,817
0|11,817
10,807| 11 ## Maria’s Animal Shelter ## Annual Report 2022 ## **4. Cost of Raising Funds** |Unrestricted
Restricted
**Costs of Raising Funds**
£
£
Commissions paid
1,825
0
**Total**
1,825
0
**5. Cost of Charitable Activities**
Unrestricted
Restricted
**Charitable Activities**
£
£
Purchases
3,801
0
Veterinary Fees
7,016
12,000
Training
0
0
Wages
28,618
3,614
Rent & Water
525
0
Light Heat & Power
726
0
Insurance
991
0
Repairs & Maintenance
3,347
0
Business Services
1,046
0
Telephone & internet
310
0
Printing postage & stationery
154
0
Subscriptions
16
0
Motor Expenses
1,692
0
Advertising
787
537
Computer costs
150
0
Sundry
265
0
Depreciation
5,286
6,482
**Total**
54,730
22,633|Unrestricted
Restricted
£
£
1,825
0|2022
Total
2021
Total
£
£
1,825
1,847| |---|---|---| ||1,825
0|1,825
1,847| |||2022
Total
2021
Total
£
£
3,801
3,701
19,016
19,153
0
233
32,232
33,134
525
395
726
1,160
991
1,261
3,347
1,647
1,046
0
310
279
154
131
16
40
1,692
1,886
1,324
1,310
150
163
265
0
11,768
13,862| ||54,730
22,633|77,363
78,355| 12 ## Maria’s Animal Shelter ## Annual Report 2022 ## **6. Analysis of Support and Governance Costs** |Commissions paid
Purchases
Veterinary Fees
Training
Wages
Rent & Water
Light Heat & Power
Insurance
Repairs & Maintenance
Business Services
Telephone & internet
Printing postage & stationery
Subscriptions
Motor Expenses
Advertising
Computer costs
Sundy
Depreciation
**Total**|Direct
Support Governance
£
£
0
0
1,825
3,801
0
0
19,016
0
0
0
0
0
10,744
10,744
10,744
525
0
0
726
0
0
991
0
0
3,347
0
0
0
1,046
0
0
310
0
0
154
0
16
0
0
1,692
0
0
0
0
1,324
0
150
0
0
265
0
11,768
0
0|2022
Total
2021
Total
£
£
1,825
1,847
3,801
3,701
19,016
19,153
0
233
32,232
33,134
525
395
726
1,160
991
1,261
3,347
1,647
1,046
0
310
279
154
131
16
40
1,692
1,886
1,324
1,310
150
163
265
0
11,768
13,862| |---|---|---| ||52,626
12,669
13,893|79,188
80,202| 13 ## Maria’s Animal Shelter ## Annual Report 2022 ## **7. Net outgoing resources for the period** |**7. Net outgoing resources for the period**||| |---|---|---| |Net outgoing resources is stated after charging|2022 Total|2021 Total| ||£|£| |Depreciation and other amounts off tangible fixed assets|11,768|13,862| |Independent examiners remuneration|0|0| ## **8. Trustee Remuneration** Maria Mulkeen received an honorium of £9,987 (2022 £9,987) in line with an agreement with the Charity Commission. No other Trustee received any remuneration for acting as a trustee during the current or previous year. No Trustees were paid any expenses during the current or previous year. ## **9. Employees** **Employment costs** 2022 Total 2021 Total £ £ Wages and salaries 32,232 33,134 **Employee Numbers** 2022 Total 2021 Total Charitable Activities 3 3 No employee received emoluments of more than £60,000 in 2022 or 2021 14 ## Maria’s Animal Shelter ## Annual Report 2022 ## **10. Tangible Fixed Assets** |**Cost**
At 1 January 2022
Additions
Disposals
Transfers
At 31 December 2022
**Depreciation**
At 1 January 2022
Provided in Year
On Disposals
At 31 December 2022
Net book value at 31 December 2022
Net book value at 31 December 2021|Freehold
Land &
Buildings
Motor
Vehicles
Fixtures,
Fittings &
Equipment
Total
£
£
£
£
125,683
20,931
26,937
173,551
0
0
1,269
1,269
0
0
0
0
0
0
0
0| |---|---| ||125,683
20,931
28,206
174,820| ||14,569
12,101
22,502
49,171
7,285
1,959
2,524
11,768
0
0
0
0| ||21,854
14,060
25,026
60,940| ||103,829
6,871
3,180
113,880| ||111,114
8,830
4,435
124,379| ## **11. Debtors** |Prepayments & Accrued Income
Total|2022
2021
£
£
1,015
1,068| |---|---| ||1,015
1,068| ## **12. Creditors: amounts falling due within one year** |Accrued Expenses|2022
2021
£
£
0
0| |---|---| ||0
0| 15 ## Maria’s Animal Shelter Annual Report 2022 ## **13. Related Parties** ## **Controlling entity** The charity is controlled by the trustees. ## **14. Analysis of net assets between funds** |Current Period
Fund balances as at 31 December 2022 as
represented by:
Tangible Fixed Assets
Current Assets
Current Liabilities and provisions
Total
Prior Period
Fund balances as at 31 December 2021 as
represented by:
Tangible Fixed Assets
Current Assets
Current Liabilities and provisions
Total|Unrestricted
Funds
Restricted
Funds
Total
Funds
£
£
£
62,572
51,308
113,880
79,221
0
79,221
0
0
0
141,793
51,308
193,101
Unrestricted
Funds
Restricted
Funds
Total
Funds
£
£
£
66,590
57,789
124,379
64,199
0
64,199
(300)
0
(300)
130,489
57,789
188,278|Unrestricted
Funds
Restricted
Funds
Total
Funds
£
£
£
62,572
51,308
113,880
79,221
0
79,221
0
0
0| |---|---|---| |||141,793
51,308
193,101| 16 ## Maria’s Animal Shelter ## Annual Report 2022 ## **15. Analysis of Unrestricted Funds** |At 1 January
2022
Incoming
Resources
Outgoing
Resources
Transfers
At 31 December
2022
£
£
£
£
£
Unrestricted
Fund
130,489
67,859
(56,555)
0
141,793
At 1 January
2021
Incoming
Resources
Outgoing
Resources
Transfers
At 31 December
2021
£
£
£
£
£
Unrestricted
Fund
132,178
46,272
(47,961)
0
130,489
**16. Restricted**
**Funds**
At 1 January
2022
Incoming
Resources
Outgoing
Resources
Transfers At 31 December
2022
£
£
£
£|At 1 January
2022
Incoming
Resources
Outgoing
Resources
Transfers
At 31 December
2022
£
£
£
£
£
Unrestricted
Fund
130,489
67,859
(56,555)
0
141,793
At 1 January
2021
Incoming
Resources
Outgoing
Resources
Transfers
At 31 December
2021
£
£
£
£
£
Unrestricted
Fund
132,178
46,272
(47,961)
0
130,489
**16. Restricted**
**Funds**
At 1 January
2022
Incoming
Resources
Outgoing
Resources
Transfers At 31 December
2022
£
£
£
£|At 1 January
2022
Incoming
Resources
Outgoing
Resources
Transfers
At 31 December
2022
£
£
£
£
£
Unrestricted
Fund
130,489
67,859
(56,555)
0
141,793
At 1 January
2021
Incoming
Resources
Outgoing
Resources
Transfers
At 31 December
2021
£
£
£
£
£
Unrestricted
Fund
132,178
46,272
(47,961)
0
130,489
**16. Restricted**
**Funds**
At 1 January
2022
Incoming
Resources
Outgoing
Resources
Transfers At 31 December
2022
£
£
£
£| |---|---|---| |Adoption for Pets-
depreciation reserve for Van|8,739
0
2,207|6,532| |The Anthony V. Martin
Foundation - depreciation
reserve for Hospital Building|41,429
0
2,605|38,824| |Tesco Bags of Help-
depreciation reserve for
Pathways|621
0
169|452| |ADF Pet Grant- revenue
funding|0
2,000
2,000|0| |Animal Friends - revenue
funding|0
2,000
2,000|0| |Marchig Animal Welfare
Trust-revenue funding|0
6,000
6,000|0| |Betty Phillips Charitable
Trust-revenue funding|0
2,000
2,000|0| |Awards for All- Depreciation
Reservefor Pathways|7,000
0
1,500|5,500| |Newsletters|0
537
537|0| |Anonymous donation for
wages|0
3,614
3,614|0| ||57,789
24,000
32,241|51,308| 17 Maria’s Animal Shelter Annual Report 2022 Of the £51,308 restricted reserves £51,308 is a reserve for future depreciation charges ||At 1
January
2021
Incoming
Resources
Outgoing
Resource
s
Transfers At 31
December
2021
£
£
£
£| |---|---| |Adoption for Pets-
depreciation reservefor Van|11,682
0
2,943
8,739| |Anthony V. Martin Foundation -
depreciation reserve for Hospital
Building|45,058
0
3,628
41,429| |Tesco Bags of Help- depreciation
reserve for Pathways|790
0
169
620| |ADF Pet Grant–revenue funding|0
7,000
7,000
0| |Spra Spra–revenue funding|0
8,000
8,000
0| |Marchig Animal Welfare Trust –
revenuefunding|0
5,000
5,000
0| |Petplan–revenue funding|0
4,000
4,000
0| |Awards for All – depreciation reserve
for pathways|8,500
0
1,500
7,000| ||70,238
24,000
32,241
57,789| Of the £57,789 restricted reserves, £57,789 is a reserve for future depreciation charges 18