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2023-12-31-accounts

Charity number: 1147719

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Contents

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 Miss R Mulkeen Mr A Thomas Mrs R Thomas Mrs G Wilkes

Independent examiner:

Michelle Dash 2 Trevanion Court Truro TR1 3RE

1

Maria's Animal Shelter Annual Report 2023

Trustees Report

The Trustees are pleased to present their report and the accounts for the year ended 31 December 2023 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, grant funders 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 2023, we have assisted in helping 213 animals (2022 – 253 animals), some of whom were neglected, and some of whom who were handed in due to their owners no longer being able to care for them for one reason or another.

Although the number of incoming animals has dropped this year compared with 2022, we still have a huge amount on the waiting list. Sadly due to the fewer number of people being able to donate their time in a volunteer capacity, we are restricted with the number of animals we are able to care for.

We rehomed 184 animals during the year and continued to raise income for the charity via the boarding service we offer.

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Maria's Animal Shelter

Annual Report 2023

Trustees Report continued:

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.

• Restricted reserves show a movement deficit of £5.8k (2022: £6.5k) for the year, after charging £5.8k depreciation. Of our £45k restricted reserves, £45k will be drawn down in depreciation of assets over the next few years, there is no cash held pending completion of funded projects.

With the outgoing Covid pandemic and the incoming cost of living crisis, we continue to face challenges. We noticed a decline in donations and sponsorships in 2023. Despite this we managed to maintain the overall income received versus 2022 due to increased income in other activities such as adoptions and boarding fees.

The increased need for staff due to a decline in volunteers, and the continual increase in veterinary costs have impacted the reserves in 2023.

Future Plans

Significant projects have been put on hold while we consolidate our finances during this economic testing time. Our focus is to contain costs as much as possible and will continue to find ways to increase donations and raise public awareness of our charity aims and objectives.

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 Trustee

Date…………………

3

Maria's Animal Shelter Annual Report 2023

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 above charity for the year ended 31 December 2023.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

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 material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

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.

I have not accepted payment for my services.

Michelle Dash FCCA Dated:

4

Maria's Animal Shelter Annual Report 2023

Statement of Financial Activity

Unrestricted Restricted Total Funds Prior Period
Funds Funds 2023 Funds 2022
Note £ £ £ £
Income and Endowments from
Donations & Grants 2 59,354 11,000 70,354 72,193
Charitable Activities 3 12,895 0 12,895 11,817
Total 72,249 11,000 83,249 84,010
Resources Expended
Expenditure on:
Raising funds 4 1,975 0 1,975 1,825
Charitable Activities 5/6 80,007 16,841 96,848 77,363
Total 81,982 16,841 98,823 79,188
Net income/(expenditure)
before transfers		 (9,733) (5,841) (15,574) 4,822
Transfers between funds 0 0 0 0
Total funds brought forward 141,793 51,308 193,101 188,279
Total funds carried forward 132,061 45,467 177,527 193,101

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Maria's Animal Shelter Annual Report 2023

Statement of Financial Activity

To 31st December 2022

Unrestricted Restricted Total Funds Prior Period
Funds Funds 2022 Funds 2021
Note £ £ £ £
Income and Endowments from
Donations & Grants 2 56,043 16,151 72,193 59,466
Charitable Activities 3 11,817 0 11,817 10,807
Total 67,859 16,151 84,010 70,273
Resources Expended
Expenditure on:
Raising funds 4 1,825 0 1,825 1,847
Charitable Activities 5/6 54,730 22,633 77,363 78,355
Total 56,555 22,633 79,188 80,202
Net income/(expenditure)
before transfers		 11,304 (6,482) 4,822 (9,929)
Transfers between funds 0 0 0 0
Total funds brought forward 130,489 57,790 188,279 198,208
Total funds carried forward 141,793 51,308 193,101 188,279

6

Maria's Animal Shelter Annual Report 2023

Balance Sheet

Balance Sheet
Note Total Funds
2023		 Prior Period Funds
2022
£ £
Fixed Assets:
Tangible Assets 10 104,040 113,880
Total Fixed Assets 104,040 113,880
Current Assets:
Debtors & prepayments 11 1,156 1,015
Cash at bank & in hand 77,379 78,206
Total current assets 78,535 79,221
Liabilities:
Creditors: amounts falling due
within 12 months		 12 (5,047) 0
Net current assets 73,487 79,221
Total assets less current liabilities 177,527 193,101
The funds of the charity
Restricted income funds 16 45,467 51,308
Unrestricted funds 15 132,061 141,793
Total charity funds 177,527 193,101

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

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Maria's Animal Shelter Annual Report 2023

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

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. Further details of each fund are disclosed in notes 14, 15 and 16.

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Maria's Animal Selter Annual Report 2023

Notes to the Financial Statements continued:

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

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Maria's Animal Shelter Annual Report 2023

2. Income from Donations & Grants

Grants
Donations
Total		 Unrestricted
Restricted
2023 Total
2022 Total
£
£
£
£
8,500
11,000
19,500
18,537
50,854
0
50,854
53,656
59,354
11,000
70,354
72,193

3. Income from Charitable Activities

Adoption donations
Fundraising
Sponsorship
Boarding fees
Total		 Unrestricted
Restricted
2023 Total
2022 Total
£
£
£
£
2128
0
2128
952
6,229
0
6,229
6,233
2,184
0
2,184
3,270
2,354
0
2,354
1,362
12,895
0
12,895
11,817

10

Maria's Animal Shelter Annual Report 2023

4. Cost of Raising Funds

Costs of Raising Funds
Commissions paid
Total		 Unrestricted
Restricted
2023 Total
2022 Total
£
£
£
£
1,975
0
1,975
1,825
1,975
0
1,975
1,825

5. Cost of Charitable Activities

Charitable Activities
Purchases
Veterinary Fees
Training
Wages
Rent & Water
Light Heat & Power
Insurance
Repairs & Maintenance
Business Services
Telephone & internet
Protective Clothing
Printing postage & stationery
Subscriptions
Motor Expenses
Advertising
Computer costs
Sundry
Depreciation
Total		 Unrestricted
Restricted
2023 Total
2022 Total
£
£
£
£
2,117
0
2,117
3,801
15,472
9,000
24,472
19,016
221
0
221
0
43,951
0
43,951
32,232
191
0
191
525
2,328
0
2,328
726
1,068
0
1,068
991
3,752
2,000
5,752
3,347
2,949
0
2,949
1046
269
0
269
310
266
0
266
0
634
0
634
154
96
0
96
16
2,047
0
2,047
1,692
395
0
395
1,324
74
0
74
150
0
0
0
265
4,178
5,841
10,019
11,768
80,007
16,841
96,848
77,363

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Maria's Animal Shelter

Annual Report 2023

6. Analysis of Support and Governance Costs

Direct Support Governance 2023 Total 2022 Total
£ £ £ £ £
Commissions paid 0 0 1,975 1,975 1,825
Purchases 2,117 0 0 2,117 3,801
Veterinary Fees 24,472 0 0 24,472 19,016
Training 221 0 0 221 0
Wages 14,650 14,650 14,650 43,951 32,232
Rent & Water 191 0 0 191 525
Light Heat & Power 2,328 0 0 2,328 726
Insurance 1,068 0 0 1,068 991
Repairs & Maintenance 5,752 0 0 5,752 3,347
Business Services 0 2,949 0 2,949 1046
Telephone & internet 0 269 0 269 310
Protective Clothing 266 0 0 266 0
Printing postage & stationery 0 634 0 634 154
Subscriptions 96 0 0 96 16
Motor Expenses 2,047 0 0 2,047 1,692
Advertising 0 0 395 395 1,324
Computer costs 0 74 0 74 150
Sundry 0 0 0 0 265
Depreciation 10,019 0 0 10,019 11,768
Total 63,226 18,576 17,020 98,823 79,188

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Maria's Animal Shelter Annual Report 2023

7. Net outgoing resources for the period

7. Net outgoing resources for the period
Net outgoing resources is stated after charging 2023 Total 2022 Total
£ £
Depreciation and other amounts off tangible fixed assets 10,019 11,768

8. Trustee Remuneration

Maria Mulkeen received an honorium of £12,736 (2022 £10,747) 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

9. Employees
Employment costs 2023 Total 2022 Total
£ £
Wages and salaries 43,951 32,232
Employee Numbers 2023 Total 2022 Total
Charitable Activities 4 4

No employee received emoluments of more than £60,000 in 2023 or 2022

13

Maria's Animal Shelter Annual Report 2023

10. Tangible Fixed Assets

Freehold
Land &
Buildings		 Motor
Vehicles		 Fixtures,
Fittings &
Equipment		 Total
£ £ £ £
Cost
At 1 January 2023 125,683 20,931 28,206 174,820
Additions 0 0 179 179
Disposals 0 0 0 0
Transfers 0 0 0 0
At 31 December 2023 125,683 20,931 28,385 174,999
Depreciation
At 1 January 2023 21,853 14,308 24,779 60,940
Provided in Year 7,284 1,656 1,080 10,019
On Disposals 0 0 0 0
At 31 December 2023 29,137 15,964 25,858 70,959
Net book value at 31 December 2023 96,546 4,967 2,527 104,040
Net book value at 31 December 2022 103,830 6,623 3,427 113,880

11. Debtors

2023 2022
£ £
Prepayments & Accrued Income 1,156 1,015
Total 1,015 1,068

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Maria's Animal Shelter Annual Report 2023

12. Creditors: amounts falling due within one year

12. Creditors: amounts falling due within one year
2023 2022
£ £
Accrued Expenses 5,047 0
5,047 0

13. Related Parties

Controlling entity

The charity is controlled by the trustees.

14. Analysis of net assets between funds

Current Period Unrestricted
Funds		 Restricted
Funds		 Total
Funds
£ £ £
Fund balances as at 31 December 2023 as represented by:
Tangible Fixed Assets 58,573 45,467 104,040
Current Assets 78,535 0 78,535
Current Liabilities and provisions (5,047) 0 (5,047)
Total 132,060 45,467 177,527
Prior Period Unrestricted
Funds		 Restricted
Funds		 Total
Funds
£ £ £
Fund balances as at 31 December 2022 as represented by:
Tangible Fixed Assets 62,572 51,308 113,880
Current Assets 79,221 0 79,221
Current Liabilities and provisions 0 0 0
Total 141,793 51,308 193,101

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Maria's Animal Shelter Annual Report 2023

15. Analysis of Unrestricted Funds

Unrestricted Fund
Unrestricted Fund
2023
Adoption for Pets- depreciation reserve for Van
The Anthony V. Martin Foundation - depreciation
reserve for Hospital Building
Tesco Bags of Help- depreciation reserve for
Pathways
Awards for All- Depreciation Reserve for Pathways
Petplan- revenue funding
Pets at Home - revenue funding
Animal Defence - revenue funding
16. Restricted Funds		 At 1
January
2023
Incoming
Resources
Outgoing
Resources
Transfers
At 31
December
2023
£
£
£
£
£
141,793
72,249
(81,982)
0
132,061
At 1
January
2022
Incoming
Resources
Outgoing
Resources
Transfers
At 31
December
2022
£
£
£
£
£
130,489
67,859
(56,555)
0
141,793
At 1
January
2023
Incoming
Resources
Outgoing
Resources
Transfers
At 31
December
2023
£
£
£
£
£
6,532
0
1,565
0
4,967
38,824
0
2,606
0
36,218
452
0
170
0
282
5,500
0
1,500
0
4,000
0
4,000
4,000
0
0
0
5,000
5,000
0
0
0
2,000
2,000
0
0
51,308
11,000
16,841
0
45,467

Of the £45,467 restricted reserves £45,467 is a reserve for future depreciation charges

16

Maria's Animal Shelter

Annual Report 2023

2022
Adoption for Pets- depreciation reserve for Van
The Anthony V. Martin Foundation -
depreciation reserve for Hospital Building
Tesco Bags of Help- depreciation reserve for
Pathways
ADF Pet Grant- revenue funding
Animal Friends - revenue funding
Marchig Animal Welfare Trust- revenue funding
Betty Phillips Charitable Trust - revenue funding
Awards for All- Depreciation Reserve for
Pathways
Newsletters
Anonymous donation for wages		 At 1
January
2022
Incoming
Resources
Outgoing
Resources
Transfers
At 31
December
2022
£
£
£
£
£
8,739
0
2,207
0
6,532
41,429
0
2,605
0
38,824
621
0
169
0
452
0
2,000
2,000
0
0
0
2,000
2,000
0
0
0
6,000
6,000
0
0
0
2,000
2,000
0
0
7,000
0
1,500
0
5,500
0
537
537
0
0
0
3,614
3,614
0
0
57,789
16,151
22,632
0
51,308

Of the £51,308 restricted reserves £51,308 is a reserve for future depreciation charges

17