2020-12-31-accounts - Wadars

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					Page
Trustees'	Report (Incorporating			the Directors'	1-6
Report)
Statement		ofTrustees'	Responsibilities
Independent		Auditor's	Report		8 —11
Statement		of Financial	Activities		12
Balance Sheet					13
Cash Flow		Statement			14
Notes to	the accounts				15 —24

WADARS INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF WADARS IrregLJlarilies, Including fraud, are instanS of non-compliance wilh18ws and regulations. The extent lo which our procedures are capable of delecling irregularities, including fiaud, is detailed below. A lurtherdescriplion of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website hltps..l.frC.Org.uk1oUr-Work1AudIvAUdIt-Snd-as$Ur8nceISt3ndards-and- guidancelslandards-and-guidance-f0r-audilorAUd41Ors-reSponsibil1Iies-for-adIVDescriptlon-of-8uditor$- responsibililies-lor-audil.aspx. This description forms part of our auditor's report. Extent to which the audit was considered capable of detecting irregularltles. Including fraud The objectives of our audit. in respect lo fraud. are.. lo identify and assess the risks of material misslalemenl of the financial statements due lo fraud,. to obtain sufficient appropriate audit evidence regarding the assessed risks of material misslalemenl due lo fraud, through designing and irnplemenling appropriale responses,. and lo respond appropriately to fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both those charged with governan of the enlily and ils management. Our approach was as follows: We icjenlified areas of laws and regulations that could reasonably be expected lo have a material effect on the financial slalemenls from our general sector experience, and through discussion with the Iruslees, directors and other management las required by auditing standards). and discussed with th& Iruslees, directors and olher management the policies and proCedUS regarding compliance wrth laws and regulations (see below)., We idenlilied the following areas as those most likely lo have such an effect.. health and safety,, General Data Protection Regulation IGDPRI,. fraud.. bribery and corruption.. and employment law. Auditing standards limit the required audit procedures lo idenlfy non-compliance with these laws and regulations lo enquiry of the Iruslees, directors and other management and inspection of regulatory and legal correspondence, if any. We considered the legal and regulatory frameworks directly applicable lo the financial slalemenls reporting framework IFRS 102, the Companies Act 2006 and the Charit$ Act 20111 and the ielevanl lax compliance regulations in the UK., We considered the nature of the charity's operations, the control environment and financial perfomiance. We communicated identified laws and regulations throughout our team and remained alert lo any indicalions of non-compliance throughout the audit", We considered the procedures and controls that the charrty has established lo address risks identified, or that olhetwise prevent, deter an(J delecl fraud.. and how senior management monitors those programmes and controls. Based on this understanding we designed our audit procedures lo identify non-compliance with such laws and regulations. Where the risk was considered lo be higher, we performed audil procedures lo address each identified fraud risk. These prOdureS included. lesling manual journals", reviewing the financial slalemenl disclosures and lesling lo supporting documenlalion., performing analytical piocedures", and enquiring of management, and were designed lo provide reasonable assurance that the financial slalemenls were free from fraud or erior. 10

						2020	2019
			Unrestricted	Designated	Restricted	Total	Total
			funds	funds	funds	funds	funds
		Notes	E	E	f	6	E
Income from:
Donations and legacies			922,123			922,123	454,552
Charitable activities - grants			7,000		17,000	24,000	3,400
Other trading activities			34,244		5,600	39,844	39,355
Investment income			2,221			2,221	2,369
Other income —CJRS grant			6,243			6,243
Total income			971,831		22,600	994,431	499,676
Expenditure on:
Raising funds			8,595			8,595	8,870
Charitable activities			444,126		5,600	449,726	417,538
Total expenditure		6/7	452,721		5,600	458,321	426,408
Net income/(expenditure)	and		519,110		17,000	536,110	73,268
movement in funds
Transfer		16	(400,000)	400,000
Reconciliation offunds:
Total funds brought forward			1,676,263	600,000		2,276,263	2,202,995
Total funds carried forward		17	1,795,373	1,000,000	17,000	2,812,373	2,276,263

				2020		2019
				Total		Total
		Notes	f	funds f		funds F
Fixed assets
Tangible assets		12		1,116,900		1,124,258
Current assets
Debtors		13	711,865		19,625
Cash at bank and in	hand		1,001,971		1,155,091
			1,713,836		1,174,716
Liabilities
Creditors: Amounts	falling due
within one year		14	(18,363)		(22,711)
Net current assets				1,695,473		1,152,005
Total net assets				2,812,373		2,276,263
The funds ofthe charity
Restricted funds		15		17,000
Unrestricted funds:
Designated funds		16	1,000,000		600,000
General fund		17	1,795,373		1,676,263
				2,795,373		2,276,263
				2,812,373		2,276,263

				2020		2019
		Notes	5	f:	8	f
Cash flows from operating	activities	22		(126,221)		244,751
Cash flows from investing	activities:
Dividends and interest from investments		5	2,221		2,369
Purchase oftangible fixed assets		12	(29,120)		(59,733)
Net cash (used) Iprovided investing activities	by			(26,699)		(57,384)
(Decrease) IIncrease in cash and cash equivalents in the year				(153,120)		187,387
Cash and cash equivalents beginning ofthe year	at the			1,155,091		987,704
Cash and cash equivalents end ofthe year	at the			1,001,971		1,155,091

Fundraising	income
Fundraising	expenditure	(note	6)

F	OR THE YEAR ENDE	D 31DECE	MBER 2020
5	Investment income
					2020f	2019f
Interest receivable					2,221	2,369
6	Total expenditure
		Staff		Other	Total	Total
		costs	Depreciation	costs	2020	2019
		f	f	f	f	f
	Cost of raising funds
	Fundraising expenditure	7,490		1,105	8,595	8,870
	Charitable activities:
	Animal Welfare
	Activities undertaken directly	191,673	36,537	72,854	301,064	289,571
	Support costs	68,221		80,441	148,662	127,967
	Total	259,894	36,537	153,296	449,726	417,538
	Total Resources Expended	267,384	36,537	154,401	458,321	426,408

7 Analysis ofsupp	7 Analysis ofsupp	ort costs included in other	costs above
Support costs:			2020	2019f
Advertising			723	1,539
Legal and	professional	fees	4,295	2,623
Donations			100	3,537
Insurance			4,206	3,386
Office administration			19,676	17,336
Premises	and repairs		22,362	25,375
Other			5,773	3,542
Governance costs (below)			23,306	20,813
			80,441	78,151
Governance Costs:			2020f	2019 f
Trustee meeting costs			973
Audit and	accountancy		9,250	8,000
Non-audit	fees		13,083	12,813
			23,306	20,813

8 Comparative Fu	nds	—Statement of Fina	ncial Activities	year ended	31 December 2	019
						2019
						Total
						funds
						6
Income:
Donations and legacies			484,552			454,552
Charitable activities - grants					3,400	3,400
Other trading activities			39,355			39,355
Investment income			2,369			2,369
Total income			496,276		3,400	499,676
Expenditure:
Raising funds			8,870			8,870
Charitable activities			408,388		9,150	417,538
Total expenditure			417,258		9,150	426,408
Net income/(expenditure)			79,018		(5,750)	73,268
Total funds brought	forward		1,597,245	600,000	(5,750)	2,202,995
Total funds carried	forward		1,676,263	600,000		2,276,263
9 Net movement	in funds
This is stated after charging:
					2020	2019
					6	S
Staff costs (note 10)					267,384	210,730
Auditors' remuneration
Statutory		audit			8,000	8,000
Non-audit		services			13,083	12,813
Depreciation					36,537	33,128
10 Staff costs
					2020	2019
					6	6
Staff costs during the	year	were as follows:
Wages and salaries					247,744	196,888
Social Security costs					13,936	10,029
Pension contributions					5,704	3,813
					267,384	210,730

Staff costs by f	unction wer	e as follows:
			2020f	2019f
Animal welfare	and re-homing		191,673	153,924
Administration,	fundraising	and development	75,711	56,806
			267,384	210,730

			2020	2019
Animal welfare	and re-homing		13
Administration,	fundraising	and development	4
			17	12

12 Tangible	fixed	assets
				Assets	Fixtures,	Animal
			Land &	under	fittings &	welfare	Motor
			buildings	Construction	equipment	equipment	vehicles	Total
				F	F	E	E	E
Cost
Cost brought	forward		1,170,659	3,149	14,379	24,665	51,687	1,264,538
Additions				22,305	6,814	-	-	29,120
Disposals
Total cost			1,170,659	25,454	21,193	24,665	51,687	1,293,658
Depreciation
Depreciation	brought	forward	82,593		12,158	1,133	44,396	140,280
Charge for the year			29,927		2,625	2,467	1,458	36,478
Dieposals
Total depreciation			112,521		14,783	3,600	45,854	176,758
Net book values
At 31 December 2020			1,058,138	25,454	6,410	21,065	5,833	1,116,900
At 31 December 2019			1,088,065	3,149	2,221	23,532	7,291	1,124,258
13 Debtors
							2020	2019
							E	E
Accrued income							707,300	6,412
Prepayments							313	3,975
Other debtors							4,252	9,238
							711,865	19,625

14 Creditors: amounts falling due within one year
	2020	2019
	E	F
Trade creditors	4,278	7,367
Taxation and social security costs	4,185	3,553
Other creditors		803
Accruals	9,900	10,988
	18,363	22,711

7 Analysis of	n	et	a	ssets between fu	nds
					Unrestricted	Restricted	Unrestricted	Total
					general	funds	designated
					funds		funds
Fund balances		at	31 December 2020		6
are represented		by:
Tangible fixed	assets				1,116,900			1,116,900
Current assets					696,836	17,000	1,000,000	1,713,836
Creditors: amounts				falling due within
one year					(18,363)			(18,363)
					1 795373	17,000	600,000	2,812,373
					Unrestricted	Restricted	Unrestricted	Total
					general	funds	designated
					funds		funds
Fund balances at		31 December 2019			6		6
are represented	by:
Tangible fixed assets					1,124,258			1,124,258
Current assets					574,716		600,000	1,174,716
Creditors: amounts			falling due within
one year					(22,711)			(22,711)
					1,676,263		600,000	2,276,263

									2020	2019
									6	6
Employer	contributions	payable	by	the	charity	for	the	year	5,704	3,813

				2020	2019
				6	E
Net income/(expenditure)		for the reporting	period	536,109	73,268
Adjustments for:
Depreciation of tangible		fixed assets		36,478	33,128
Dividends, interest	and rents from investments			(2,221)	(2,369)
(Increase)/decrease	in debtors			(692,238)	(13,788)
Increase/(decrease)	in creditors			(4,350)	154,512
Net cash (oufflow)/inflow		from operating	activities	(126,221)	244,751