Charity re918trallon rfflber. 1153737 Animal Rescue Cumbria (The Wainwright Shelter) cio Annual Repori and FlnDn¢lal Stalemenl8 for the Year Ended 310ecemb8r 2024
Animal Rescue Cumbria (The Wainwright Shelter) CIO Contents (contlnued) Reference and Admlnlstratlvo Dots11$ Trusiees, Repot1 2to11 Stalemeni of Twustees, Responslbllltles 12 Independent Audll*XS' Report 131015 Stslgment of Flnancl81 Actlvltles 161017 Balance Sheet 18 Noles to Flnanci81 Statemenls 191037
Anlmal Rescue Cumbria (rhe Walnwrlght Sheher) CIO Reference and Admlnlstrallve Detalls Sanlor Management l Lea¢lershlp M Yat8s, General Manager Team R MCGIII, Shefter Manager T Hesmondhh. Charlty Manager TTUStee8 G Fr8ger (lJ)8lr) V KI$Mon J Waln A M Willlams 1153737 Charlty Reglstratlon Number Prfnclpal Office The Wah}l9h1 Shr Kapellan Grayrwjg Nr Kendal Investment Advlsor5 Rathbone InVesthnI Management Port of Llverpool 8uikA r Head L3 1NW Newltjns SO110r$ Ent• House Glllan Way Penrilh 40 P8rf( Penrith CA1198P Chafities Akl Foundalion 25 Kings Hlll Av lfjngs Hlll Wesl Malllng Solldlors BankeTS ME19 4TA Audltor Chartered Accountants a staiul(xy Audllors Lowther Hse sireet Kendal LA9 4DX
Animal Rescue Cumbria (The Wainwright Shelter) CIO Trusiees, Report The Inistees Ixesent Ihe annual rep)rt togeltRr with the financlel slatements and audllors. report of the charfiy for the year ar 31 Décember 2024. The financlal $ialements have been prepared in accordan wilh accounling wlicies set oul In noies io the accounts arKI comply w5th the charity's goveming documeni, tlie Charllies Ael 2011 and Accounllng and Reporting by Charilies: Slatemenl ol Recofffflended Praclice applicable lo charltles preparing ihelr accounts in accordance wllh the Financial Reptsrting Standard appficable in Ihe UK and Republk of Ireland wbllshed In Oclobef 2019. Tmstses and officers truslees and officers servlng during th• year and since the year end were as follows: Trustees: AEze G Fraser (Chair) A Hall (resigned 30 May 2024) V Kin9sman S Mawer J Waln A M wllfiams Senlor ManagWnI l Leedefskllp M Yates. General Manager Team: R MCGIII. Shefter Manager T Hesmormthalgh. Charity S Manager Oblodlves a1 actfvil Chaiity Purposes The purposes ol the Charlty. as laid down In the COnSlU110fi are as follows: 1. To releve Ihe suffeTlng of skny and iinwanled anlmal$ Ihat are In need ol care and attention and lo provide for sid( or llMre8ted anlmals. 2. To provlde arKI rrthtaln an anlmd 1)Ihw faci0 for the recepkn and care of stray and unwanted 4mals. and lo re-home or fosler th approprkte. 3. To ethjcete publc In 811 aspts ol anom care Wid welfare. How we delfver Publlc benefil We provide a servlce for pel cY4mws Vkn. lor whai•ver reeson. are no longer able to care for their cats or dogs: they may heve had a thnge ol circumstances such as a move to rented accommodalion wllere pats are not pemiltted, or to a care horne, or IW may be Irb IH-h8alth or slmpty unable to care for thelr pel. Soma trners struggle wlth thetr pet's behavlour and leel unable Io cop8. In such drcumslanc88, can feel raassured that wlll prOe care, trainlng and enrlchmenl whllsl seeking 8 lovln9 and Pernnent home thal ¢xn meel the In¢fNldual enlmal's needs. Where possible, and whera requested. we lry to wcffk wllh trwners 10 h them lo keep a mUd0Ved p, for 8pIe. If trainlng and behavloural advice Is needed. Pago 2
Anlmal Rescue Cumbrla (rhe Walnwrlght Shelter) CIO Tru8tees' Report (contlnued) An additional commllmenl leken on In mld-2023 was rescue of abandoned dogs and cats In CouncA care. Working wlth a nol-for-profit orgenisatlon, Anlmal Lifallne UK. V provlda sheiier p18¢8s for stray and abandoned anlmals that have not been reclalmed wlihln the s*iutory 7 days and have been scheduled for gulhanasla. These anlmals come from a¢mss the UK. Frequenlly, they pffjsent wlth chronlc condltlons due to neglecl or behavlourel Issu83, We pTovld8 lono-ierm 8dvl¢e and support lo adowers who may need help with Issues Ihat can arfse afler Ihe adoption. Surrendered anlm8ls have nol always had the besl start In Ilfe and someiirnes behavlour In the new home can ba ehallen9lng. The 'safety-nef provlde Io 8doMern thrwghoul the Ilfa ol the 1$ much apprecialed and reduces the Ilkellhood of 3nlmals belnp r6med lo StlIer. We are s¢)mellmes ¢ontacled by Ind1vldua and communllles where a feral cat colony h grThylng out of control and c8uslng local problem¥, e.g.. through spreadlng disease or followlng altscks on domesllc cals. Often, ihere are polarlsed vlews on feral cat colonles and wg work senslllvely with communltles to ensure the besl outcome for Ihe Cais and the communlty. We provld8 8 trapneuter-release programme whereby cats are humanely trapped, provlded wlth veierlnary Irealment and neutered, and then relumed to Ihelr orlglnal habllat where they can lfve out their Ilves wilh less Impacl on the communliy. We do not atlempt io domestlcale such anlmals as tho process would be lengthy, slresslul and Is nol consldered good pracuce: however, we will ¢¢caslonally rethome ferals lo locHI farms as bam cals. Feral klltens. provided they aR undgr 8 weeks, old, can adapt lo a domesllc envlronmenl with In1ense 80clallsallon and we will allempt this in order to ensure better life for them. Occasionally. we are called lo asslst wilh animal hoardlng ¢ase$. WOTklng sensltlvely wlth Ind5vldu8ls who have taken on more pets than Ihey can reasonably Ca fLV. Thls Involves helplng these individuals to glve up some or all of thelr pets to make Ihelr Ilves more manageable and lo Improve Ihe welfaré of all the animals. We provide the publlc. free of charge, a Forever Homes Servlce, whereby pet owners can reglsler thelr pels wlth us and Indlcale thelr wlshes in the event of the ownerfs death. Thls provides peace of mlnd Ihal their pei's lulure Is secured and that we will m8ke every effort lo find a lovlng home that meels thelr pel's needs. The Charity wlll, wherever possible, prov5de resplte care for cats 8nd dogs where an ovmer has go to hospllal or requlres support wlth thelr pei durfng or followlng an Illness. The Ch8rity also suppo number of local pe¢ple who are housebound and unable to rnanage routlne care of Ihelr pets Such as nail dlppSng and regular womilng and flea treatments. Th18 en8bles them to keep thelr much-loved companlons In good health and, Importantly, wllh IheSr own•r provldlng vlt81 companlonshlp. Alongside rescuing, rehabilltating and re-homing animals, the Charlly has an Importanl educalional purpose In reducing the number of anlmals Ihal are surrendered io Shellers. In many cases. Individuals have leken on a pal wlthout underslanding the cosl 8nd commilmeni requlred when taklng on an animal. Some are well-meanlng and lovlng owners but pethaps do not understarKI Ihe needs of Iheir pe¢ and how besl to manage Iralnlng. Olhers have lel thelr pet's he8llh decllne as Ihey 18dt knowledge In anlmal welfare end nutrlllon. To address the Charlty's educallonal purpose. we speak to school groups and contrlbute to college programmes through work placements, leciures and careers evenls. We speak also io community groups to ralse awareness of our work, allend county fairs and slmllar events. and orgènlse our ovm open days. We promote good pracllce 10 Ihe publlc Ihrou9h our newsleiier and the pei products vie promole Ihrough our ch8dty pet shop. The Trustees conflmi Ihal they have referred to tha guldance conlalned In the Charlty CommlsskH)'s general guldance on publlc benefjl when revlewlng the charltabla company's alms and obledlves arKI in plannlng future 8Clivilies. Page 3
Animal Rescue Cumbria (rhe Wainwright Shelter) CIO Trustees. Report (continued) The Charity ralses funds primaflty Ihrough donations from Ihe public . Those surrendering an animal may make a donation to help wllh the costs of care and rehoming iheir 1, and adopters viill also make a donation when laklng an anlmal hm. Our supporters organlse indivldual fundralsers 8nd we have been fortunate In receiving grant incoTh, prfmarily from the Samuel and Freda Parkinson Trusl. Some income comes from local businesses wtK> have nominaled Anlmal Rescue Cumblia as ihelr Charfty ol Ihe Year. From lime to Ilme. Ihe Charity OTganise an appeal to ralse furrfls lor particular purposes such major surgery for an animal. Our Preloved lor Pets Charity S1P producas a surplus wliich conlributes io operating costs. We operaie a lottery under lo1 aulhoriiy Ikence, and Ihis generates a mode51 monthly incorne. The Chariiy has been lortunate in receiving some genwous legacies over the years. Focus of our Adivltle8 The Chartys acllvllles over the yoar refieC1 the purposes for whkh the Charfty was eslabtished. The Inislees developed arml adopied a &year straiegic plan al the start of 2023. The Charfty's work focuses on four key $trategic objethes as lotlthys: Prlorily 1: Gam. To wov0 Ihe beslp05&tstr slandwts and secure fulures fv Ihe cats and dogs Ihal come ints ourc8rn. Pfiorfly 2: Communkale . fo Inmse our m8¢, anlmal wdfarn and enhanong our regutstffjn as the Shellerofch4x•lorsuffender8nd8dopi/on. enwronmen¢ malnlalning a stsbk andmobvaledsl8ffand voluntserforce. and in pgrtnershlp Ih 01herVanI$atI0S Key Constralnts In 2024 Throughout Ihe year. VM expeflenced a de8peruNJ ol the UK-wide artinl wellare crisls. which placed wessures on our capacity and rnenlal resillence ol our slaff team. The conllnulng growth in nurnber of animals abandord led to longer wailing lists and greai pressure io accept stray dogs, In P8rllcular. from Counclls that roullnety pui dogs to sleep followlng the marKlatory 7 days In Counal care. Many of Ihose abandoned anlmals requlring a rescue place were Ju pupples and, whllst some were elderly, all deserved 8 tharts of Ilfe.11 was dIffill to slrike a balan between savlng hves and malnlalnlng a asonable workbad for our anlmal cara leam. The leam resporKled wlth compassion d commllment. arKI Ihe Charfty Is proud of their achievements over Iho year. Rlsing costs across every service area (velerinary lees. errgy, rent. elc.) and inrnsed bills for regul purchases placad pressure on the operaling 9•l highllghllng IPK? need maxlmise Income. At the Same Ilme. plans to build a sheller on ow exlsllng site were hanyergd by conslralnts thal emerged from deiaSled Investlgation of ground conditions on sile: as a resull, plans lor development and income generatlon suffered lurther delays and costs conlinu8d lo rlse wllh inflallcm. on?0$1n9 our funding gap, eventualty leading lo the Boaril of Trustees, deciding not to pursue the project fjJrth8r. A major, comthaly unanlklpaied, ¢allengo Camo in May wilh a 70% rent intrease at our Preloved lor Peis Shop in Kend81. Givert Ihe Ilmlted shop IkM)r arnl storeroom space, h was clear ihal Ihe locaiion could n•X. at suth COSL t)ffer a lonTriemi hm lor (iur charity shop and we were forced to wilhdraw from Ihe lease. Fortuilously. new and much larger premises became 8vai18ble at Ihe same Ilme end Ihe Board agreed thal move vms in the lor48rM 5nleresls ol ltr* Charity, despltg 1 is of the move.
Anlm81 Rescue Cumbrla (The Walnwflght Shelter) CIO Trustees, Report (coniinued) PERFORMANCE AND ACHIEVEhlENTS Cara of AnlnMIs Anknal Intake has Increased slgnlltcanty thls year. Cal Intske inLYeas8d ty 133%1336 cats compared wlth 144 in 2023. The numbef of dogs enlerlng our care In 2024 Increased ty 24% (179 cornp8red with 144 Ihe Fvevi¢)us year). Time ¢M shetier ha8 reduced in recem years and for 2024 Slood al an average of 36 days for cats and 23 days for dogs. Trms induded Queens on shelier for appffjximately 8 weeks or longer. and loslers and lontrienTJ 518yer3. The partnersNp wlth Anlmal Ufellne UK clinued, wlth stray and abandwffjd pets CnIng from Counal care across the UK. We fortunate In rni boing affeclad too muth by Ihe consequences ol lh8 pendlng ban on XL Bully dog& We are mosi grdleful lo The Anlrnal Defence TrnsL Anlmal Rescue Foundauon, Anlmal Welfare TrusL The Audrey Lamberf TrusL Calypso Brown1j FoundatiL, Lambrtgg Parlsh Coundl. Walker 957 Trust and The Rose Anlmal Wellare Trusl for thelr geneThs supm over the year: wlthoirt thls, Could not possiw have lakan in so many animats In need. Comrnunicallng To support our communily work thls year. we appolnled a part4ime Communli y Engagement and Fundralslng Oftker, who has broughl greater focus our communlty WOTk. We Increased Ihe number of school visits. both Inbound and ¢)ulbound. Inwsed our Corporate fundralstng days, and attended summer shows and evenis Ma supponers face.ltrface. We were pleased lo be nomlnaied for the sewid year running, as Charfty of Ihe Year by ts Lune Valley Aglllty Club and were Invlied to thelr annual competltion and Crufts qu81ifylng evenL We lurther engaged wlth adopters and supporter8 Ihrw tho Peis at Eastgr aThl Chrf8tmas events: the Kerthl slorn conllnues lo provlde generous support io the 5heller. We were fortunale lo be 8UPPOrted by nuMern Indrvlduals cOmmuty groups who heve fundralsed on our behall ov the year Ihrough sponsored afternoon lea & bingo, walks. ¢x)Id water swim& table sales. eBay sales donations. corporale donatlons. rdffle pfize donailons. and many olher contr&>ulions. Donaiions o Pr&lov8d for Pets sIp have 9ftyn arrfl an Increaslng m)ortlon of Ihese Is glft-alded. Our Facebook communlty exPed nIfndY and had gr(y lo over 35mO followers by the end of the year. Our followers have been very swortlve ol IrKlivldu81 anlmal appeals to fund essenll81 surg8ry and of ow Chrfsimas Dlnner appeal whlch ralsed over £201Y). Develop The Iruslees, key straleglc development priNiiy is Ihe constnKlion of a new sheher lo ensure the long-lerni future of Ihe Charlly. Vlhilst plannlno eonsenl had been secured. detsiiad ground investigalions had revealed unexpethd ground con10n$ whith had presanted furihar challenges and necessilaled a rHlesKdn of the planned buildlng. At ihe slart of the year. ihere was concem that inflation had increased costs arKI created a fuThding gap. The solullons to the ground coftdlllons would add further cosl and deIe reserves Io an UcCep1th level. The Board reluctartly made the declslon w curtaH the devdopment proiecl and #ed( an altemBlfve on wNch io develop a new sheiler. To meel rfslng costs, a plpellne of Tntsts and Foundaik>ns had been developed. The Charfty had already been awarded a major granl from the Samuel 8 Freda Pathlnson Trust and was awarded a lurther large grant (unrestricled) when the Tn x)und up. Successlul granl applicatlors were submllled to Pets. Foundaik)n aTh8 Petplan. alth(wh Ihe grants awaTdKI were restrithed the planned development and Ilwefore reiumed. The pipellne was. howevei. an excellenl development th81 )Uld support any fulure devewnenl as well as operalional costs. Page S
Anlmal Rescue Cumbria (The Wainwrlght Shelter) CIO Trustees, Report {continued) Foll¢ywing t8 dedsk)n to wSthdm from the plenr development of the ex11n9 slte, Ihe Trustees began the search f<Y a propety. Durfng thls search. W8fe appr08ched by the owners ol Mllnthorpe Kennols arKI Caitery. 8 cornm8rcial operation, wllh a vlew a private sala. The Pfoxlmity to our exlsiing slto end the exlstlng use of the as a kennels erKI cattery made the purchase an excellent Prospe A detalled survey ar¥J red bod( valuailon were conducted d, allhough the famihouse needed c4)nslderth WO to rectify waler ingress and a failed $ckawaY, agreemenl was reached on sdfmg price. At the end of year. conwlellon of the sale was planned for earfy January 2025. Page 6
Animal Rescue Cumbria (The Walnwrlght SheRer) CIO Tntstees, Rewt (contlnued) Susialn The key oblectlve wfthln thts stratsgk prforfty 18 lo athlevg final1 susthlnablllty by 2027. Whllst we have experlenc8d many delays and sel-backs In reallslng our plans for 8 r1 Sheller, securlrva Hlghar Rowell Farni fin81ty provldes the opportunlty lo d10p the slte lo Incorpyats InCOntIng 8civilies alongslde effidencies In worklng prac and use ol resour. Key io Ihe Charlvs suslalnablllty Is the dedlcaled group of volurthers who fuini a V8Y ol roles. Our 8rn811818ff l•am was SUPpd by volunteers (119 In December) vtho contrlbuied to 8nlmal care. dog tralnlng and behavlour, admlnlstratlon, transporL malnienance, and to our Walnwrtghl Sheller ch8dty Shop. as well 8¥ SUprtIng ¢ommurfty events. Our voluntoers dedlcaled 9237 hour6 of thelr Urne over the year. c¢mp8red wlth 8235 hourn the prwknu8 year. W• ¢tInUed 10 3UPPOrt our anlm81 slaff arml VnI88r3 wlM> are *rklng wlth IncrearlY dlverne conditions arKI behavlour3 In the anlmab In our care. Staff 8it8nded the ADCH Conlerenca In Telford and one staff member was ats to complete her Oiploma In Cal Psychology and 8ehavlour. The Charily has conts'nued io work dosdy wllh olhff small rescues across the r8glon. cooperallng support the rehomlng 018nlmals. We $treThJihened w partnwshlp wlth the RSPCA Weslmortand 8ranch and are contracied to pr8 8 cai pens for RSPCA cals. We were dellghled Ih81 ow lono-8landlry and Muthvald p8rtngrshlp with Kendal 8ranth of Pets al Home contlnued for 8 further yaar. We p8rtklp8ie In Peis et14ome nallonal app9818 through In-81ore près•n¢e, and bonefil from ¢tOMor donatlons and palales of anlmal food vla thelr Charllable Foundaiion. We are lortunato 10 b• Supported by Nutrirnenl Raw and Eden Hollsllc Pel Foods, make generous monthty donatlons of108d for our cats and •Jogs. We conllnue to recelve valuable Supp from our local bu81n8u parbw, Meanlngful Matheilno, who volunleer 8oclJl medl8 support lo Ihe Chadty and have done much lo rnlse our onllne proffle and ra188 wareness of key wellare I¥su85. Flnandal revlew Income for 2024 was £1.160.153. enthture 8mtyJnied 10 £650,449, dellverfng 8 8Ufplus of £525.246. The Charitys ieseNes •)n 31 Decernber $lood at £4,363.740. 01 whlch £4,022.693 wa8 unreslrlcled. The Charity's Income come8 from varlous 80urces'. donallons from IrKllvlduab 8urr8nderfng afKI adopiing 8nlmal$', ad donallons from Inthldu81s, Some of wlM)m org8nlse thelr own fundralsers on OUT behglf: lundrnlslng •venls arKI profil&rnl8lng athilles 8$ open d. funds from parther organlsallons th81 ch0088 U8 thelr ¢h8rlty of Ihe yoar. retum on our InveFlrnen16; gran15 from Trus and Found8Uons', legacy glfts: Iwo lotlerfes. and Income generated IhroLvJh th8 Ch4rfly'S reiall Oullel In Kendal. Wherever posslble, GSft Ald Is dalmed ¢)n ellglble donatlons. An Importanl development for Ihe Charily thls yèar was the developmeni of contr8Ct Income, through a partneh[P with our local RSPCA branch, to provlde 8ccMimodali)n (6 cel P8) and care for thdr cats. Over Ihe year, wg 8180 cared lor 8 number of indlvidual dogs from the local RSPCA branch whlch nol Ihrfvlng In commerclal boardlNJ estatshMent. Desplle recelvtng a very18rge grant of £500,000 In 2023 kn 8 loc41 Trusi that h4d supported th• Charity OV8f ihe years, began lo wlnd up and dIsr3e resldual reserves, the Charllles Income hes increasgd In 2024 prfmarlly due to large leg8cy amounts that Ihey have recefved In Ihe year Includlng a lew larger Or In aCcAd Income. Also, operallonal Incom• Increased wlih larger anlmal number8 and assocaeled donauons. undlmlrtshed Sup from donorn and trUal fundralsews. Page 7
Animal Repocue Cumbria (The Wainwright Shelter) CIO Trustees, Report (contlnued) The Chathy's Investm18 Perfornd In Ilne wlih expeclalions; Ivwever, In anilclpakn ol expendllure on the caplial davelopm•nl project. a pr¢)POrtion ol our invesimeni Portlollo was reallsed, and tho released lunds were placed on tlme deposlt. where wa banefrted from lavourabla Inter1 rales. When the Board agreed not to pursue Ihe Capit developm1 on ow rren1 sile, Ihe funds remained on tlme deposit and defivefed an excellent relum for Ihe remaindor of Ihe year. whilst rem8ining easily accessible for a luiure propety purchase. The Charlty's maln are88 ol oporallonal axpendllure ore tradlllonalty slafflng and v&erlnary cafe. Increaslng our volunteer numbers end roles, arKI gmng volunleers grealer responslbillty In some areas, h8s enablad us to manage stalf In Ihe18ce of the large Increase In animal numbers Sn 2024. Wè vmre fortunaio In recthlng Some 8UPF#)rt from a number cl Trusts and a nhb¢uthg parl8h cwndl iowath our vei 18. The meln l¢alure8 of th• CharfS TeaeNes are as rollo. . The need for regems wlll vary depw)dHw on I Charftys financlal p08111on and conllnuous 88se&8menl of the many rfsk8 Charfty lace8 al a p8rlluJr tlfm. • The re8WV88 WIU be 889888•d u part of Ihe Charlty's ml&rnnge plannlng Proc and the need 10 bulld re8wve8 wlll also be consldwgd In the afinL planntr¥ and Iwdgellnp proca88. . Re8erv08 exlsl alihor to wovth shryt4•mi prolecdon agalnsl dcrrnrd flu¢tU8llon8 In annu81 revenues or c8pi181 leIpts- or io yovide lonplam slral•glc Ilnandal Sup[ and developmenL . The Te8erve8 policy balances th• need lo IlId up lortrierm rf¥eS agalnsi the Med fty shon.i•n spending on cole actlvlt5es. The current prlorlty for the unrerkted geral lunds d Anlmal Rescue Curnbrf8 18 fund Ihe purcha8e and developmeni ol 8 nfjw 811e lo 3e¢we the Iwerm future of the Shelter. T(uslee8 have agreed a purchase prfce for tho new propety bul not fornialty agreed a fixed budget for Ihe re-developmenl of the new slte 88 Ihe actual cost wlll emerge as afchltect deslgns are Iln8li8ed durlng 2025 and lend0fS raceoved. Hcwevef. the TTu8lee6 have agreed thal a mlnlmum of 9 month8, oper8tlng cosls wlll be relalned In free re8efves pre prolecllon agalnsi downward Iluciualions In annual revenues. Investmen18 and Inve8tsMnt Polky The Charlvs Investsnenis are prnvlde an Income which, together wllh Ihe capilal, could be Used lo finance tho long-temi rumlffj of Ihe Charlty. Irusteos reccynlse Ihe rlsk associaled wilh Inveslmenl In malnslre8m flnand81 merkels and attepi Ih18 rfsk In retwn tor the prospeci of additlonal returns oT longer perlods ol Ilme. Thwefore, wlsh lo rnmaln largely Invested at all Ilmes. subJ•CI lo cash reserves belng held as pan of Ihe Inveslmont management process and lo cover Ilabllllles and lulure developmenl Van8. The Investments are medlurn to low rtsk. are wall dlverslfied 8nd Incorporaio a range ol assets Indudlng fixed4n(eresl 810¢ks, UK shares 8nd ovarseas shares. In Ilne wllh our elhos. we ha •xduded from the port(0 comp8nies Ihal use anlm815 lo research ¢Y le61 thelr producls. Although capltal appredatkn a prfffory obiecilve, taklng one year wlth onolher end exdudlng ¢8plial wllhdrawals. brth the Income and the co1 value of the fund should Inuease In Ilne iih Inflatlon. The total retiim ond perfomwth ol Ihe invastm•its are measured agalnsl an approprlale benchmark for the agreed rfsk marKlate.
Anlmal Resuje Cumbrfa (The Wainwrfght Shelter) CIO Trustees, Report (contlnued) Plans for fuluro perlod8 Pl8ns for Ihe lulure WHI f¢xus on the Clwltys W Slrateglc Plan 18unehed In January 2023. Tho plon defines goals, strategles and Inwmenlalkn pluns vAthln tho 4 8tr810gk pe5 ol carn, eommunkate. develop and suslaln. planned capiiol (knvebwnern prdect our stte be tha matn ffi for 2025. Humer, we are Ilkely to be faced wlth a funding gap 8nd VAII WOTk lo ralse funds lIW9h F¢und8tlon8 and Trusts to support the capllal developmenL We shall alx) prforfllse the growth of su8talnabl8 Income streams, Indudlng developino Ihe new slte lo maxirnlse poienllal for growlng regular Inc¥)me. To thls end. and wlth the 8cqul8lllon of Higher Fami pendlng as at 31 Decembor 24, we have agroed lo take on the Westmorl8nd & Fume83 Cwdl Stray Dog Conlracl, held by the current owner8 01 th? propety, and to provide kennelllng and care for 6 dogs our local RSPCA branch. Tha stray contr81# requlres u8 to secure a boardlng Ilcence from the Councll. whlch Is pgndlng. In addlllon. we are $8oklng to work wlth a nallonal anlmal charfty to provlde bo8rdlng fadlllJe8 ft)r dog8 to help meet Ihe uKld9 demand for sheller spacos. All of th1$ aciivlty wlll bthg Steady Income In the aroa ol our core ser¥lce8. Th? Board 18 mlndful ol facl that plenned capllal development wlll roduce Charlty r88•rve8 slgnificanlly and the 'cushlon' ol our very healthy reseNes (albelt largely de8lgnaled) wlll b8 much reduced. The 8oaftJ wlll conslder the eslabllshment of an Income Generniion role to support the development work lowards long48rn1 financlal susInabl1Ity. 11 Is Ilkely ihaL 88 our plan8 to dlver81fy Income 81ream8 progr68S. Iha Charhy wlll In due courne 08tsbllJh • tradlw company wllh a vw 10 managlng bustrnss developmenl rfsks offgdlvety. Tfalnlng and development ol our slaff leam and voluntw8 VAII r•m8ln a prforfty enable them 10 meel the ch811enges of the pMt-pandemk perfod. We wlll ccmtlnue to fund 8ullable UrSe8 and development opportunllles for 81aff, offerlng lundlr¥J for Indlvlduals lo attend exlemal course8 and cOnlenCeS. these will enable them to bulkl a netwo of wofes51onal taS whllsl enhandng Ihelr knowledge and ¥klll8. We have plans for In4Thise gue31 Speaker evonls In 2025 on 8nlm81 wellare rtd b¢havlouf lopks lo support our staff and vohmleors In thdr rnl•s. Flnancl81 Inslnimenl8 The charlty's actfvltbs •xpose11 lo a nwnbaf of finand•l tsks In¢Ing uedm rl8K cash fiow rfsk and Ilquldliy risk. The ch8rfty does nol uso derlv8Ovo fin8ndal11181rumentg. C8sh ftow rfsk The charfty'$ aafviues expose tt wlmaflly10 Ihe finarthl rlsks ofchanges In Inveslrnl Income due to markel corKSlllons over Ilme. TNS 18 mlllgaied by the Inveslment8 belng managed by profvsslonal Invgsimenl managers. CrndRrfsk The charlty's prfndpal Ilnanclal assets arn bank balan and cash. trade and othw r•celvablo8, arKI Inveslmenls. The chgrtly'8 credll rfsk Is prfm?rfIy 8llrbut8ble lo11$ Ir•do rttthaith. Ihose are Qonerally low risk as mosl ol Ihese relate glft ald redalms.
Anlmal Rescue Cumbria lThe Wainwrlght Shelter) CIO Trustees, Report (continued) Goveming D0ment Antmal Rescva Cumbria (th• Cha) Is a thaiiable Incor organisatlon {CIO) and Is regrer8d as a charfty wlth the Chartty CommlsSlr. The Charity was Incorporated on 9 September 2013 and118 Constltullon ouillnes the objecls and of the wo8nlth:11 Is govgmed In ac£ordance wIth Iho Constllulion. Organlsatlon A Board of Trusiees Is responsible for ts govemance and strategic dlreciion ol the Charity. The irusiaes meet on a regular basis lo Thnhor prog agalnst the strdtegk plan. and io manage such eas as flsk, develownenl. human Iwources aThJ all aspécts of firw)c8. Trustees appolnt a General Manager lo tskg oveiall resporlblllty for tho (tsy40• nwnagpJnenl of the Charity. A Slr Manager Is resp¢nsltAe for anlmal care and the daY-ltsy operallon of the Shelter. A Charlty Shop. led by a part-tlme rel811 manager, generales Inwe to support the Shelter operatlons. Book-keeplng Is ouisoud lo a local accounlancy lyjsirwss. Aecruitmeni and appolnlrnent of Inistees In accordance wilh the Cmstilulion. the Board VAII comwise a minlmum of three trustees. Truslees are appolnied for an Inlllal ierm of three yearn by a resolution of ts trusw passed at a properfy Convened maeting called under Part 10 of the Conslitulkn 0Ment. In selecttng persons b8 appolntad. tre mees shall consldef the benellts of appolntlng a person who. through resid•rth. occupation, employnwil or otherwise, has special knowkdge of the area of berfft or who Is otherwtse able. by YirW¢ ol his or her personal or professlonal qualifications. lo make a contribulion to the pursult of obieds or Ihe managemeni of Charlty. If, for any reason, trustees cannot be appolnled in accordance wilh Ihe fryolNJ pmvblons, the slatutory pwr of appointing rth or addtllonal trusiees shell be exerctsable. In ihe firsl instsnce, IrKlividuals ar8 welcomed lo the Charity as prospecilve Truslees. wilhoul YIng rlghts. lo allow them lime to declde whather ts rde I81 of commllmenl are suitable lor th. Formal appolntrnents are made th 6 Th)nts. The trustees who have seNed dwkng the y#r are In the Referen ardl Administrative Dotails. Page 10
Animal Rescue Cumbrla (The Wainwright Shelter) CIO Tntee8, Report (contlnued) Inductlon and trnlnlng of tru8100S Nw Trustees aro provlded wlth an IntorntIon Pad¢ ¢ontalnlng Ilnks to relev8nt sedorffj of the Charlty Commlsslon wewle lo wklo an oveThlew ol ts followlffj areas: • The slrateglc role and owallons of Board members. oulllned In the Commlsslon'8 The Essenllal TNslee' documenL . Key documents, Indudlng Ihe eth111 Ihat sat Ihe operathl frarne lor Ihe Charfty. and tho curfenl Slraieglc Plan. . The current flnanclal poslllon of the Chwlty. the puNbhed a¢unIO. . Mlnules of recent Board m88tlngs. . Fulure plans and ¢)bJecilves. In 8ddlll<>n, Tn1#3 arv provided wlth a gulded tour of the Shdler and Ch)rfty Shop. and Ilme wllh management staff lo provlde an ovwvkn of oparntlonal mattorn cthnplemenl the straleglc focus of the tnAlee role. More 8pedallsed Iruslee tr8knkn9 opportu01 arn avaltsble through extemal organ18altons. 0.0. our inve81menl managamont company. Cumbrla CVS and the 88lteis8) Academy. Rl8k nmnagemenl In assesslng rlsk. Ihe Irustees recognlse thai Some areas ol operallon requlre the s*pn¢ and management ol rfsk. The Chadty malnlalns a regl¥ler ol the major rfsks lo whlch the Charlty Is exposed. In¢ludno Fln8ndal, Compllance, Employmen( Fundral8lng, Envlronmentsi, el¢. Ea¢h dsk io assessed on the basls ol Impact and Ilkellhood, and conlrol and mllSgaUon procedures arn Identllled. The r•gl8ler ol major 81rateolc rfsks Is updaied every 81x and rwlewed by the Board of Truslees 81 a properfy convenod quartety ffthllng. Trustees revlew aNI roasgess the rl8k8 and $8llsfy Ihamselve8 Ih81 adequate 3y8tems 8nd proc•thJr88 arn th pts¢o to man8ge Ihfr rl8k8 Ideniified. Wher• approprlate, rfsks are vered by Insurnnc¢. Addlllonal rfsk reglsier8 may be requlrnd for slgnlficant aclmlles. for examplg, 10 $UPPOrt a major proje or capligl development, whkh m8y entall very 8peclllc rl6k8 for a Ilmliod p8flod. Sh rngl81918 may be revlewed more frnquenty. Page 11
Animal Rescue Cumbrla (The Walnwrlght Shelter) CIO Statement of Trustees. Responsiblllties The trustèes are respons5ble for preparlng the tNslees' report and tho flnandal stalements In accordance wlth the Unlled Klnodom Accounllng Siandards <Uniled Klngdom Generally Accepted Accounllng Practlcel and appllcable18w ar reguleiions. The law 8pplicable io charlties r8qulres Ihe Iruslees lo prepare Ilnanclal statements for each financlal year whi¢h give a Irue and fair view of the stale of affairs of the charity and of Ihe incomlng resources and applicati¢n of resources of the Charity for that perlod. In preparing ihese finanaal statemenls. the Iruslees are requlred to; select suliable accounting policies and than apply them conslslentty: observe the melhods and principles In the Chaftlies SORP. make judgements and eslimales thal are reasonabl8 and peThl. stale whelher applicable accounllng standards have been followed. subject to ary maierial departures dlsclosed and explained In the financiel slalemenls; arKI prepare tho flnanclal ststements on th8 golng concem basis unl&ss11 Ss Inappropriale io presume that the charfiy wlll contlnue In buslness. The trugtees ara responsible for keeplng proper accounting records that dlsclose with reasonable accurdcy at any Ilme Ihe flnandal poslllon ol the charity and enable them lo ensure Ihat Iho fin8nclal slaiements cofflpty wilh Ihe Charltles Act 2011, Iho Charitses (Accounts Reports) Regulallorts 2008, and Ihe provislons of the conslllutlon. The ifustees are also responsible for safeguarding the assets of the charfiy and hence for laklng reesonable steps for Ihe preventlon aftd detecllon of fraud and Oihef irreoulartlles. The trustees ara responslble lor the malnlenan¢e and Integrliy of the corporate end financlal infomiallon Induded on the ¢har118ble companws websSle. Leglslallon govemlng ihe preparallon and dlssemlnallon of finanel81 siatements may dilfer frorn legislation in olherjurisdlclions. Dlsclosure of InfOrnlI0n to audltor Each trustee has taken steps Ihal they oughl lo have laken as a trustee In order lo maké themselves aware of any relevanl audlt Informatlon and establlsh Ihal the charitls audilor Is aware of tsl Inlormatlon. The Iru$lee$ conflm) that there Is relevanl InfOrnlI0n that they kn¢M of and of whlch they know the audiior is unaware. Approved by the tfuslees of the charfty ¢Jn 7 August 2025 and slgned on Its behalf by: G Fraser (Chalr) Trustee Page 12
Anlmal R8scue Cumbrla (The Walnwrlght Shelter) CIO Independent Audltorfs Report to the Members of Anlmal Roscue Cumbrla (The Walnwrfght Shelter) CIO Oplnlon We have audlted Ihe Ilnandal stslements of Anlmal Ree Cumbrfa (Th Walnwrtght Shelter) CIO (the 'diarlty) for the year etxled 31 Docembef 2024. whlch ¢¢mprise the St81oment of Flnanclal Aciivllles. Balance Sheet. and Notes to the Flnanckl Statafflanis, Indudlng a summary of slgnlficanl accounung poll¢l6& Th6 Ilnan¢knl repofitrv lrnrne th81 has been applled In thelr preparatlon Is Unlted Klngdom Accounllng Slandards. wnprlslng Charllles SORP - FRS 102 The Fln8ndal Reportlng Standard appllcable In the UK end R•publlc ol Ifelan(r and appNc8blo law (Unlled Klngdom In ¢Jur oplnlon the finandal 8t8tements: glv8 a Iruo and f8lr vlew of tho State of the chwitfs affalrs as 8131 December 2024 and of It$ Incomlng re8ouru8 and applkallon ol re8ouw. MKIl1rjI16 Income and •xpendlture, for Ihe year Ihen ended: hove been propety prepared In accordan¢o wllh Unlted Klngdom Gen¢faty Acceptod P£Munllng Praclke; and . h8ve beon prgp8red In 8ccrydan¢o th• re4Jtsents d th• Chadtles Acl 2011. Basls for opln We conducled our Judll In 4c¢ordanc• wlth Intern81kn8l StwKl8rd$ oft AudlllroJ (UK) (ISA8 (UK)) and appllc8ble 18w. Our reSpOlbIlItIeS undor Ihose arardS are further de8crfbed In th• audllor respon81bllllles for the audh ol the IlnaThl slatements secllon of our repwL Wo arg Ind•p8ndenl ol tho charliy In accordance wflh elhkal requlrem8nt8 thal are relevanl 10 our audlt of Ihe flnanclal sialemenls In the UK. Includlng the FRC'S Ethkal Sl8ndard, arKI wa hav• lullllled ow other elhlcal responslbllltles In a¢cordance wlth ltrwe requlremenls. We belleve thot the audll evldence have oblalned18 8uffidenl and approprf8le lo wovlda a ba818 lor our QF4nlM. Concluglons retallng to golng corKern In audlllng the Ilnandal ¥latom8nts, h8ve ¢onthJded that Ihe IfU8tees of Ih golnll o)ncam basls ol accounllng In the preparallon ol th• flnarthl stalemgnts Is approprfal•. Based •Jn lh• woth w¢ h8ve perfomed. wa hove IM)t Idanllfied m8terf81 unc8rtalnlla8 rnlalong 8venls or condluons thal, Indlvklually w col*cUvety, may $1 81gnfficanl doubl on the ¢hori1ls abillty lo conUnu8 as e golng eoncem lor a pedod ol al leasl th$ from vthen Ihe 0911 financial siaiemenls were auihorlsed lor18sue. Our rn6ponslbMllleB and Ihe rnSponsO8 d the trust008 wtth r88POCt to concom are d•wlbed In Ihe relevanl secUon8 of thls vep Other Inforniallon The Ifuslees are responslble lof ts other infomialkjn. The ¢)ther Inlormatlon cornprfseg the Informallon Induded In the annual rert. other Ihan the ffnandal statements and our audllorfs report thereon. Our oplnlon on the Ilnandal slaienienls does nol cover Ihe other Informatlon and. excepi to Iha extent olhetwi8e exl¢lty sial In our rewrt. we do not oxpre88 any lomi ol assuran conduslon thereon. P8g• 13
Anlmal Rescue Cumbrta (rhe W8lnwrfght Shelter) CIO Independent Auditorfs Report to the Members of Animal Rescue Cumbria (rhe Wainwright Shelter) CIO {contlnued) In connadlon wtth our audlt of the Ilnancl81 slatements. re8ponslbilty read olher inlormallon arKI, In dolng 80, wlder whelhw the other Inf0MtIon Is malerfally InnI1310nl wllh th• flnandal sleiements Qf our kn¢Nvl8doe obtalned In the audii or otheThYlse appoats be materfally m15slaled. If we Klentsfy such maiorial 1ncoTrsisie18S or apparenl materlal m5sstalemenl8, we are requlred io doiemilne whelhw thwe Is a woiwlal mlsststemenl In Ihe Ilnandal slalernents or a matwlal mlsstslement of the other Inf0MtIOn. If. b888d on the woth we havo perfornied, we concludo Ihat Ihefe18 a m8lerfal mlsstatemenl of Ihls other Informakn, are rnqulred to report Ihal lacl. We have nothlng to rert In thls re98fd. Mattern on whlch wo are rnqulfed to report by excopiion In tha Ihl of our kne and understandmg ol the chariiy and Its environmeni ObIned In the eour88 of Ihe audlt. we havé r1 IdtIrd meterial m18S1alemenis in iha Tw81ees' Report. We have nolhlng io r8POrt In resped of th• lollowing maU8rs where Ihe Ch8rllles (Accoun18 and Report) Regulallon8 2008 raqulres us to rewrt lo you If. In our oplnlon: 8dequate 8ccounllng records have not been kopL or reluffo adequab tr our 8tKIIi h8ve ntsl been recelved from brnnche8 not Y19d by us: or the Ilnandal staiwients are not In agreem1 V•ilh Ihe 8nt5ftg records and relums: or certaln dl8c108ure8 of trusthes reftneral10n specllled by law are nol made: or h8v• not rnc•lved am the Inf0MlIon and exFknIIMs w• rnqulrn lor our 8udll. RponSIbIlI1188 of Irusteo8 Al explalned more fulty In Ihe stsiemenl of Trusteos, Responslbllllb8s (set oul on page 12), Ihe Iru818os are responslble for the preparnllon ol th• firwidal statements a1 for balw sausfd thal they gfve a IfU8 8nd falr vlew, and for such Iniemal conirnl 8$ th8 Iru8lees delern)Ina 1$ necessary to en8bl• the preparallon of Ilnandal 818tements thal ar• fr•e from maiorlal ml8818lWienl. whelher lo frnud or error. In preparing the financl81 slatements, the trthe9 are fe8poTh lor asse&8lng Ihe ¢harllls ability lo contlnue as a golng concern, dl8doslng, 89 8pplicable. Matters related lo golng concem and uslng the Qolng concem basls of accounung unlus Ihe I16e5 ellher InId to Ilquldaie the cherfty or io we oparallon8, or no rn8118lk altamallve l)ut io do 80. Audltor Re8pon8lblllts8 for the audlt ol ts finwthl 8lal0ir1ls Our obleellve8 arn to obtaln re830nable aswranc8 abwt whether the fin8nd818talements as a whole are free from malerfal mlsslalemenl, whelher due to fraud or error, and lo Issue an audilo¢s report ihal Snclud88 our oplnlon. Re880n8ble assurnnca Is a hlgh level of assurance. l)ut Is not 8 guarantee ihal an eudll conducled In accordance wllh ISAS (UK) will always detect a malerlal m188talemenl when It exlsts. M1881atement8 can arfs8 from fraud or error and are conslder•d fnaiarlalll. indlvldually or In the aggregate. they could reasonabty be expedod lo InfluerKe Ihe aconomk dacislons ol users laken on th8 basls of Ihese financlal staiements. The axlenl lo whlch wr procedureg ern capalth? of dotecllrKJ lffeoularflles. Indudlng Ifaud18 det8iled Page 14
Animal Rescue Cumbrla (rhe Wainwrfght Shefter) CIO Independent Auditots Report to the Members of Anlmal Ree Cumbrla (rhe Wainwright Shelter) CIO (continued) We Idenllflod areas of law5 regthalions Ihat r&3sonabty be experAed 10 hav• 8 nKglwlal effecl on Ihe financlal slatements from exp and Irom dlscusslons wlth Managem1. We reviewed any relaled coffesponden¢e and rewrds of truslee meetlngs to assess compllance wlth lavrts and regulallons and discussed Ihe curfent posltson wllh man8gemenL Wa ensured the audlt te8m re alert for any Indication9 of n(klarKe lhmug1l audll We assessed the ch8rWs pol wl proc8dure8 M fraud rf8k8. No Instancas of acts1. susperted or alleged fraud were Idenllfled ty us or the charlty In Ihe year. BaUSe of ihe Inherent UmllaU0 of an authi, there Is a rk Ih81 we wlll not del8¢1811 lffegularftles, Induding those leadlng to a materlal mlsstalgment In the firwwl sialements or nonrycompllance wilh regul81ion. This risk increases the more thai compllance w5th a law or regulation Is removed from Ihe nts and transactlons rellected In Ihe financlal staLWnts, as we wlll be less Ilkely to become aware of iflanCeS ¢f non*compllance. The rfsk Is also greater rngardtrvj trregularllles occurrlng due to fraud faiher Ihan error. as fraud fry, colluslon, OMISOn or mlsrepresentatlon. A further dexrlpiion of our rg8ponsibllltles Is avallabte rm the Fln8ndal Reportlng cndr5 b51¢e at www.frc.offj.uklaudltorsresp0nsifiIle5. Thls descrfpkni lonns part ol our audttofs repofL Chloe Chapm8n-HaslweU ACA (Sonlor Slatutory Audllor) For and on behalf of Stables Thomw & Brlsco8. Statuw Audltor Chartered Accwnlants & Slatirtory A0 L¢Mher House Lowther Slreel Kendal LA9 4DX siables Thompson & Brlscoe Is gItsIe kn app0lrtht as aOr of the charfty ty vlrtue of Ils ellglbillty for appolntrneni as wdllcr ol a coMY under secllon 1212 of the Companles Acl 2006. P89a 15
Anlmal Rescue Cumbria (rhe Walnwright Shelter) CIO Ststement of Flnarthl Actlvllies for the Year Ended 31 December 2024 Total 2024 funds fund¥ Income and Endowmenls from: Donallons and legades Charftable aclivllles Other tradlng actlv11188 liives11 Income 593,074 29.770 272,924 88.700 681.774 29,770 272,924 Toial Oncome 1071453 Expendliur• on: Ra581ng lurK1s Charfiabl8 8cllvl 1264219) 313 (2.664) (266.883) Tolal expendlturn Galnsno38es w Inve8lmenl 88sels (577.452) (70,333) 12.664) (650,449) Not Income Gross ir8Mfern betWe8n $04,703 18,367 2,176 525,246 Nel movement In fw 515203 7,867 2.176 525,246 Reeonclllallon of lund8 Totsi lund8 broughl foThMrd Tolal ftmds carrlad foThYard 327 371 3 838 494 4 019480 4 363 740 The notes on pagas 19 10 37 lorm an integral part ol these financi81 stalennts. Page 16
Animal Rescue Cumbria (rhe Wainwrlght Shelter) CIO
ststement of Financlal Athllles for the Year Ended 31 December 2024
(conunued)
Endowmni
Tolal
2023
funds
Nole
In¢ome and Eftdowrnents from:
Don8llons and legacies
arllable acllvliles
Othw tradlng actlvltles
Invesimant Income
Other IrKorne
158.450
4.756
661.950
4.756
14,662
79269
31
31
Toial Income
447.168
Expendllure on:
Ralslng funds
Cherfl8ble 8Cllvttles
(185.412)
{2,461)
(187.873)
396,463
3291
Total expendtture
Gainsllosses on Investrnent
(578.584)
<3291)
12.461)
(584,336)
Net {expendilureylncome
Gross transfers l)eiween
lunds
(85.546)
($40)
414.123
Not nement
419.431
(4.768)
(540)
414,123
Re¢ondlfallon ol funds
Totsl funds brought forward
Total funds carrfed fOard
3 424 371
All of Ihe dk8riiY5 8dlvltles derive from conlIn operallms durlng the above iwo perlods.
The funds breakdown l
Anlmal ReAcue Cumbria (Tho Walnwrlght Shelter) CIO (ReglBtr8tson number. 1153737) Balance Sheet as at 31 December 2024 2023 £(A8 restaled) 2024 Flxed 8$80ts Tanglble assets Invesimenls 1S 16 271,608 3411.493 3 683 101 3 695.631 396S 014 Currenl a88eis 17 18 19 14.n4 220,267 12,044 25.931 Deblorn Cash at bank arKI In hand 417.382 177.991 Crodiiof8: Annts falllng due wllhln on• year 20 Nel currnni as8e 155393 Noi as15 Funds of the cherfty: Endowmont funds 329,547 327,371 Re8trlctsd In¢onw funds Re81rfcied luftds 11,SOO 6.846 Unre8tr1ct•d Ino)me funds UnTestrfcied funds 4 022 693 Total lund8 4 363 740 3 838 494 Tho finand¥l Slalemems on pag6• 16 10 37 ¥ffl• approvad ty the tru&ees. 8nd authorl8od for lssua on 7 Augu8t 2025 and 81gr*d on thelr behaH ty. G Fraser {Ch8tr) Trusle• The not88 on pay8 19 to 37 fomi an Integral part of these finanthl stateme. Page 18
Anlmal Rescue Cumbrla (The Walnwrlght Shelter) CIO Notes to the Financlal Ststements for the Year Ended 31 December 2024 1 Accountlng pollcles ststsment of compllence The flnanclal statements have been prepared In accordance wllh Accounllng and Reportlng by Ch&rftl8s: Sialemenl ol Racommended Pracllca applic8blo lo charllles preparlng thelr accounts In accordance wlth the Flnanclal Reportlng Sndard appll¢8ble In Ihe UK and Republlc ol Ireland (FRS 1021 (188ued In October 2019) {Charftles SORP (FRS 102)>, the Finandal Reportlng Sl8ndard appll¢able In the UK and Republlc of Ireland (FRS 102) and the Charftles Act 2011. B8818 of proparauon Anlmal Rascue Cumbrla (The Walnwrlghl Sheher> CIO meets the dellnlllon of a publlc benefll entlty under FRS 102. The accoun18 (Ilnancl818tatemenis) h8va been prepared under the hl8tortcal co81 ¢onventlon wlth Items recognl8ed 81 cost or iransacllon value unl088 olheMl8e Slated In the relevant notel8) to these 8c¢ounts. The financlal slatemenls arn pre8ented In sledSng whlch Is the luncllonal currency ol the charfiy and rounded Io ihe neare81 E. Golng concam The Irustees consSder th81 there arn no maierf81 uncartalnlles •boul th• cherflfs ablllty lo conunue as golng concarn. Income and endowmenis Volunlary In¢ome Includlng dtM8tlon8. gSfi8. legac1 8nd gran18 Ihai provlda coro lundlng or ar• of a general nalure Is recogn18ed when the ch8flty has enlltlemenl to the Income, It18 probable Ihat th• Income wlll be fecelved and the amount can be measured wlth sufflelen¢ rell8blllty. Donaths and leqa¢le8 DonaUon8 are recognlsed when the chaTIty has been nollfled In wrfllng of bolh the amount and gettlement dale. In Ihe event th8l 8 donallon 18 8ubJeci to ¢ondItn3 Ihal requlre 8 level of perforniance by the charlly before Ihe charlty18 enlllled 10 the fund8, Ihe Income18 deferred and nol recognlsed unlll elther thosg condltlons are lully met, or ihe lulfllmeni of Ihose condlllons Is wholly wlthln the conlrol of Ihe charlty and It13 probable thal Ih980 condltlon8 wlll be fulllllad In reportlng perl¢d. Leg8cy glfts are recognlsed on 8 case by case basls followlng iho grant of probate when the admlnlslratorlexecuior for the estate has communlcated In wr5llng both Ihe amouni and setllemenl dale. In th8 event thal Ihe glft18 In the form of an a88et other than c88h or a flnancl8188set traded on • recognlsed stock exchange, recognlllon Is 9ubJact to the value of Ihe glft belng rellably maasurable wlth a degree of I80nable 8ceuracy and tho Iltle lo the amel havlng been transferred to Ihe charfty. Grnnts mcelvable Grants arg recognl8ed when Ihe charfty h88 an enutlement to the funds and any condltlons Ilnked to the grnnts have been met. Where perfomiance condltlons ale 8ltached to the oranl and ere yet io be mel, the Incom918 recognlsed 88 a Ilablllty and Included on Iho balance shoet as deferred Income to be released. Page 19
Animal Rescue Cumbria (The Wainwright Shelter) CIO Notes to the Financl81 Statements for the Year Ended 31 December 2024 (contlnued) Inveslmenl Income Inlere81 on funds held on deposlt 18 Induded when recelvoble and the amount can measured rellabty ty the charlty, thls Is normally upon nollfi¢8tlon of the Inlerast pald or payable by the bank. Dlvldands are recognlsed once lh8 dmdend hes been declared and noilftcallon has been recel¥ed of Ihe dlviderKI due. Expendllufe All expendliurn Is fecognlsed once Ihere Is 8 legal or construcllvè obllgatlon lo Ihal expendllure, li Is probable settlemènt 58 requlred and the amounl can be measured rallably. All costs ere allocated to the appllcable expendSlure h88dlng Ihal aggreg8le slmllar costs lo Ihal category. Where costs cannol be dlre¢tly aitrlbuted lo partlcular headlngs they have baan 8ltocaled on a ba$18 conslslenl wllh Iha u86 of resour¢es, wlth central staff costs allocated on the ba8ls of Ilme spenl, and depreclalion ch8rges ellocaled on thè portlon of the assel'5 use. Other support cos18 arg allocaied based on the spre8d of staff cos18. Ralsln9 funds These are costs Incurrad In atlracllng volvniary Income, the management of Inve8lrnent8 and Ihose Incurred In Iradlng 8¢1sYllles that ralse fund8. Charflable a83 Chadtable expondlture comprlses those cosls Incurred by Iho charfty In Ihe dellvery of its actlvtt1 and ser¥lces lor118 benelldarfes. It Includgs bolh costs thal can be allocated dlreclly to such 8cllvltles and tho88 ¢08t8 of an Indlfect n8re nece88ary wpport tham. Support CO918 Support cost8 Include central funcilon8 antl have been allocaled lo acilvlly Cost ceiegorle8 on a basls con8181enl wllh Ihe u8e ol resources, for example. alloc8llng proporty Costs by Ikx)r areas, or per caplla. 81aff costs ty Ihe Imo spont and other coats by thelr u8age. Governance costs Thesa lftclude the c0818 altrlbutable io the charflf8 compllance wllh constltutlon81 and 818lulory requlrements, Includlng audll, strateglc man8gement and Iruslees meellngs and felmbur38d expenw, Taxallon The charltylg con81dered pas8 I iegts gel out In Paragraph 1 Sdwdule 6 of the Flnance Acl 2010 and Iherefore It meets Ihe dollnlllon of a chariiable company for UK corporallon tax purposes. Accordln9ly, the charlly Is polentlally exempl from taxatlon In resped of Income or capltal galns recelved whhln catsgorfes ¢overed by Chapter 3 Part 11 of the CO•ratIOn Tax Act 2010 or Sectlon 256 of Ihe Taxallon of Chargeable Galns Act 1992, to the extent that such Incoma or gains ale applied oxduslvety to drItable purp08e8. Tanglble fixed assets Indlvldu81 flxed assels ¢OSllng £1,000.110 ¢x mor6 are Inltlally recorded al c081. Page 20
Anlmal Rescue Cumbrfa (rhe W8lnwrlght Shelter) CIO Notes to the Flnancl81 Statements for the Year Ended 31 December 2024 (conllnued) Depreclauon and amortlsa Depreclallon 18 provlded on tanglble Ilxed a&8ets 80 88 lo wrlte off the cosi or valuallon. less any esllmaled resldual value, over thelr expeclad useful e¢on¢)mlc life a8 follow8: A88et cl881 Freehold land Freehold bulldlng$ Equlpmenl Molor vehld89 Depredatlon method and raie 18 not depredaied 2% roduclng balan¢• 20% reduclng balance 25% reduclng ba18nce 25% 8tralghl Ilne or SO% slralghl Ilno bo8ed on locaiion Flxture8 and Illtlno8 Flxed a888t Inv88tmen18 Flxed 8$set Inveslmenls. other Ihan progrnmme relaled Inv081m•nts, aro Induded al mafket value al Ihe b81ance Shoel dete. Reallsod galns end losses on Inve81ments are c8lculaled as the dlfferene• belween sales proceed8 and theSr markel value at Ihe slart of the year, or Ihelr 8ub$equ8ni cost, and are charged or Cfodlled lo the Stalemenl ol Flnancl81 Actlvllle8 In Ihe perfod of dlBpos81. Unreallsed galns and 108888 represeni the movemgni In market values durfng the year end are credlled or charged to Ihe Statemenl of Flnanclal Aalvllle8 b88ed on the markel Val al the y•ar and. Stock Stock Is valu8d at Ihe lower of co81 and esllmated selllng prlce less costs Comple and 8ell, after due regard for ob301ele and slow movlng al, cl Is delgmilned u81ng iha firnt.In. fir*woui (FIFO). Tfade debiof8 Trade deblors aro amoun18 due from S1OmerS for merch8ndl80 8okl or 8ervlee8 perfomed In lh8 ordlnary course ol bu91ng58. Trnde debtor8 are recognlsed Inlllally al the tra8Cl10n prtca. They are 8ub8equently me88ured al amonised cost uslng ihe effecllve Interest method. less provlslon lor ImpalmenL A provl$lon for th• Impalnnenl of trade deblor319 98labllshed whèn Ihore Is obJeGllve eVIden thai tho ¢harlty wlll noi bo able10 collect 8118mounls due ac¢ordlng io the oflglnal tem8 of tho recelvables. Cesh and cash equlvalents Cash and cash equlvalenl8 compri88 cash on hand and call deposlts, and olher short4erni hlghly Ilquid Inve8lments thal are re8dlSy conVertIb io a known amounl of cash and are 8ubJect to an Inslgnlflcent rlsk of thange In value. Page21
Animal Rescue Cumbrla (The Wainwright Shefter) CIO Notes to tha Flnancial Statements for the Year Ended 31 December 2024 (continued) Trad• credltor8 Trade crethtors are obllgallons ts Pay for goods or servl¢es that havé been acqulred In the cfdlnary course of buslness from supplkn Accounts Paya& are classlfied as current liabli ities11 the does not have an vnwidfth)rAI rlghL 8t the end of the reporung TIOd, lo defer setdement of the credllor lor al least twelve rnonlhs after the reponiw date. 11 is an uncondilkMal right lo defer selllemenl for al lea¥t tsyelve monlhs after the reporting date. Ily are we3eNed as nOn-rren1 Ilabiiitles. Trada credilors are recognlsed Inltlally at ihe Irdnsadbn price a1 subsequenty nieasurad al 8morlls8d cost using the effacllve Inieresi melhod. Fund slTucbJre UnrestyT¢ted Ir lunds are gwal lunds thet are avallalAe use 81 the Irusiees dIWet In furtherance of the ¢Wives ol charlty. Reslrlcied Income funds are those donated use In a partknjlar am or for sp8¢ific PUTposes. the usa of which is reslricted to that area Of PUW. The pemnent endowmurt fimds represent am¢ts given by Alfred walnh[ in tho years w) 1992, to tteate a pernnent end(hwnwrt fund have been invested to ryeate 8 securè financial baso for charlty In Ihe futtwe. Income on the thmeni fund ts credtted the general tWKI on recelpi. Penslons and other po81 retiroment obllgatlons The charlty operates a defined Contribu pan Sd which is a pension plan under whlch fixed conlflbudons are paid Into a penslon fund arKI the charity ros no legal or rtructIve obligaiion io pay further contrSbutions oven il ftmd does rM>t Tr1 sufflclent assets to pay all employees the benefits relaung to employee service In the Cu1 and prfor wlods. Contrlbutkms lo defined conl(#xnbn an5 arn recognised In the Sialanwil of Flnandal Actmtles then Ihey ere due. 11 conlrfoulkn poyments exceed Ihg conlrllxrtkn due for swvlce, the excess Is Flnon¢lal Inslrumenls Fin8ndal assets and finandal IlablNIkn are reCogrdS the tharity becomes a paty to the ntractual prov1$1 of the kthmenL Flnandal Ilabllllles and aquty Instru are thssified accordlng io the subsiance of the conirKtual arrangements enlered Inlo. An equlty Instrumenl Is any Contra thai evldences a resldual Interest In the 8&8ets of Ihe charity after dedUIng all of ils liabllllle&
Animal Rescu8 Cumbrla cfhe Walnwrlght Sheller) CIO Notes to the Flnanclal Statements for the Year Ended 31 December 2024 (contlnued) Rerngnldon andmeasurnment Atl financlal assets and Ilablllttes are Inlllally meastsred al tr8nsacllon prfce (Indudlng tran38cllon cosl8), excepi for those finandal assew classlfied as at falr value through proflt or 1088, whlch are Inltlally measured al falr value (whlch Is nornially Ihe transadlon prfco excludlng Ifansactlon cosls). unless the arrangarnent con8dleS a flTrandng tran88Ctlon. If an arrangemenl conslliutes a finendng tr8n88cllon. the flnanclal assel or flnancl81 Ilablllty 1$ measured at the prwnl value ol the future paymen18 dlscounted al a morkei of Iniarnsl for a slmiiar debt Instrument. Flnandal 8&8ets and Ilabllllles are only offset In the stat•ment of fln8ndal posltton when. and only when there exlsts a legally enforceable flght lo set oft the COgnIsed amounts and the charfty Intend$ ellher Io se11 on a nel ba818. or lo reall8e the 888et end selue Ihe118blltty 8lmult8neou81y. Flnanclal assets are derecognlsed when and onty when a) the contraciu81 rlGhts lo Ihe cash Ilows from the financl81 asset explre or are seltled. b) Ihe charlty tr8nsler3 to anoiher party 3ubsianllelty all ol the rl$ks 8nd rewards of owner8hlp of Iho financlal 8886t, cr c> Ihe charlty. desplle havlng relalned Some, bul not all, slgnllkanl rfsks and wards of own•r8hlp. h88 transferred control ol the 88set another paty. Flnanclal IlablllU•s are d•recognl8ed only when the obllgaiion Specllled In tho contr8ci18 dljcharged. cancelled or explre8. Inve81ments Inveslmen18 In nonvconvertlble preference sh8r•s and nOnul18b1e ordlnary or prelernnce 8h8re8 (where 8haie8 are publlcty tr8ded or Iholr lalr value18 rellably measurable) are measurad ai falr valuo Ihrough prolit or1088. Where f3lr v8lu8 Gannol be meawred rell?bJy. Invfjsimenty ar• m988uied at coll lesj Imp8lmignL Investrnents In $ubsldl8rles and assoclales are m•asured at cost1888 ImpalmenL For Invoslments In 8ubsldl8rle8 acqulred for con81der8ilon Includlng ihe188ue of 8here8 qU8llfylng for merger rellef, co8118 rneagured by rgference lo the nomlnal valu8 of Ihe shares 158ued plus falr valug of other con8lder8tkn. Any premSum18 Ignored, Fr value measuremeni The besi evldence of falr value Is a quoted PTlce for an Idenllcal 88881 In an 8cllve markeL When quoled prlces are un8vall8ble, Ihe price of a receni Iransacilon lor an Identlcal a88ei provldej evldonce of18lr value 85 k)ng a? Ihere has not been 8 8lgnlfi¢anl change In econ¢ml¢ clTcumstsnceg or a slgnificant lapse of time slnce Iho trans8Ctlon look place. If the market Is nol aclS¥e and recent transa¢llons of an Idenllcal asset on thelr own are r1 a good e8tlmats of falr value. the falr valu018 estjmatad by usln9 a valuallon technlque. Page 23
Anlmal Rescue Cumbria (The Wainvthght Shelter) CIO Notes to the Flnandal Statements for the Year Ended 31 December 2024 (contlnued) 2 Incorne from don8llons and legacles funds General Total 2024 t)Qnallor and leg8des; Donations from 1¥klUalS Legacios Grants. Indurfffw ca181 grants: Grants Ircyn other chariiies 181.273 411.801 181.273 411,801 88.700 88,700 681774 Restrl¢tod funds Tolal 2023 General Oonations and lagades: Donallens from Ini#vldual8 Legaaes Grants, Induthng capllel grants: Grants from othar dwiti 144,677 13.773 144.677 13.773 503.500 3 Income from ¢harttable acim Unrestrlcied funds General Totsl funds Total for 2024 Toial for 2023 4.756 Page 24
Anlmal Rescue Cumbrla (The Walnwrlght Shelter) CIO Note8 to the Flnanclal Ststements for the Year Ended 31 December 2024 {contlnued) 4 Income from other tradlng advltles Unreslrl¢ied fund8 Gener81 Total 2024 Tradlng Income., Shop Income from Sale of donated g¢)od8 and 8or¥lce8 Sales of goods and SeIce3 Other tradlng Incomo Event8 Income; Olher evenls Income Lollerles and compeiklon8 Income 40,249 183,482 7,170 40,249 183.482 7.170 1,681 1,661 272 924 Unrostricied fund8 General Tothi 2023 Tradlno In¢ome: Shop Income Irom sale of donated good8 8nd 8ervk•8 S8108 of goods and seNlc88 Olhar Iradlng Incom8 Even* Incorne., Olher evenl8 Income Lollerle8 and compelltlon8 Income 38.234 156,469 6,254 156,469 8,254 1,650 1,650 S Inve81mgnl Income Unrnstyicted lunds General Total 2024 Tot81 2023 Income from Inveslments; Dlvldends recelvable from other Ilsted Investments Interest on Invaslment8 Inlere81 re5¥able and slmllar Income; Inlere8t recelvable on bank depog11s 35.782 137,013 35.782 137,013 67.513 Pago 25
Anlmal Rescue Cumbrfa (The Walnwrlght Shelter) CIO Notes to the Flnandal Statements for the Year Ended 31 December 2024 (continued) 6 Other Income Total 2024 Total 2023 Other Income 31 7 Exp8Nllture on ral8lng funds a) Inve8knl Managwnl co Unrostrfded lurtd$ General Endowment lund$ Pemianent Tolal 2024 ljhor Invgstrngnt m8nag8manl cosls: Othor portfollo managamenl COSIS Unreslrlcted lunds Qeftwal Endowm•nt lunds Permanent Toill 2023 Olhgr Inveslmenl management costs; other portfollo managamenl COS1¥ Tolal 2024 Dlrect cos18 Costs ol genernilng and laoaclas Co813 of Iradlng acimues Investment menagemenl cosis Olh•r o)st8 of gen•rnilng funds 3,023 223,890 10,784 3.023 223,890 10,784 266 883 883 Totsl 2023 Cosls of gen•rniing donaikTh and l•gac188 C081s ol Iradlng athltles lrw881mI rnanagemt cos 2.161 169.102 2.161 169,102 187 873 187 873 Paoe 26
Anlmal Rescue Cumbrla (The Walnwrlght Sheltw) CIO Notes to the Flnanclal Stalements for the Year Ended 31 December 2024 (contlnued) 8 Expendliure on charftabla acllvltles Unrestrlcted funds Genernl Resirlcted funds Tot81 2024 siaff Costs R8105 and ulllltles Insurance Po8tsge and stallonery Advethlng and webslte R8polrs and renawa18 Care ol 8nlmals Moior and Iravel Payroll and HR feol Depreclatlon Flnance chargeg Slaff lrnlnlng Staff wellarg Sundry expen803 Developmenl 185.353 15,642 4,051 1.505 1,521 186,874 15.642 4,051 1,SOS 1.009 11,348 56.263 3,271 2,530 12,016 1.971 1,098 1,095 2,801 10,083 S4,681 3,227 1,285 11.870 1,971 1,098 1,095 2.801 Pag• 27
Anlmal Rescue Cumbrla (The Walnwrfght Shefter) CIO Notes to the Flnancial Ststements for the Year Ended 31 Decemb8r 2024 (contlnued) Total 2023 Gmernl lunds S18ff costs Rale8 and utllllfe8 Insuranca Postage arKI slalknn8ry Advertlslng and webslie Repalrs and renewals Care ol anlmals Motor and trnvel Payroll and HR fee8 Dewedallon Fknance thorgo8 Slaff tr8Snlng Sundry expan888 Doveloprnont 158.035 17323 3,688 3.637 3,628 4,321 33,105 2.818 2,571 12,467 2.303 158,035 17.323 3,637 3,626 4,321 34.605 3,298 2,571 12.660 2,303 1,156 4,750 193 4.750 Acuvlty undertaken dlrecty support C0818 2024 Staff u)8 R8108 8Th1 utllllles Insuran Telephone and othar cos18 Postsgg and Sthdonery Advertlslng Repalrs and renmls Carn of 8nlmals Motor and travel Payroll fee8 Depradallon Flnance charges Staff Iralnlng Developrnenl Sleff Welfare 186.874 15.642 4,051 186,874 15,642 4,051 2,801 1,505 2,801 1.009 11,348 $6,263 3,271 56,263 3.271 2A30 12.016 12,016 1.971 1.098 1.971 360.038 Page 28
Animal Rescue Cumbria (The Walnwright Shelter) CIO Notes to the Financlal Ststements for the Year Ended 31 December 2024 (c(>ntinued) Acuvlty undertaken dlrectly A1vIty support costs 2023 Staff costs Rates and utilities Insurance Telephone and other costs Postage and statlonery Advertising Repairs and renevRIs Care of animals Motor and travel Payroll fees Depreciatlon Flnance charges Staff trainlng Development 158,035 17.323 158,035 17.323 3,688 4,750 3,637 3,626 4,321 34.605 3,298 2,571 12,660 2.303 1,156 4,750 3.637 3,626 4.321 34.605 3.298 2,571 12,660 2,303 1.156 135,364 370,450 387 337 9 Analysis of govemance and support costs Govemance costs Unrestrfcted funds General Totsi 2024 Totsi 2023 Audit fees Audit of the financial statements Other fees pald to audltors Legal fees Trustee expenses Cost of trustee meetlngs Accountancy & bookkeeplng 4.290 3.998 4.290 3,998 3,841 143 291 4.990 143 291 4,990 113 Page 29
Animal Rescue Cumbria (rhe Wainwright Shelter) CIO Notes to the Financial Ststements for the Year Ended 31 December 2024 (continued) 10 Trustees remunerallon and expenses During the year the tharity made the following transactions with trustees: G Fraser (Chalr) £112 (2023: £NII) of expenses were relmbursed lo G Fraser (Chair) during the year. S Mawer £31 (2023: £NII) of expenses were reimbursed to S Mawer durlng the year. No trustees have received any other benefits from the charity durlng the year. 11 AudttoKs' remuner81ion 2024 2023 Audit of Ihe financial stateff*nts 12 Staff costs The aggregate payroll costs were as foll0v. 2024 2023 Staff costs durfng the year were: Wages and salaries Social security costs Pension costs Other stsff costs 212,911 10,051 3.749 181.052 6,766 3,071 530 191419 The monthly average number of persons (Including senior management I leadership ieam) employed by the charity during the year expressed as full time equivalents was as follows: 2024 No 2023 No Full time Part lime 11 12 8 {2023 - 9) of the above employees participated In ts Defined Contribution Pension Schemes. No employee received emoluments of more than £60.000 during the year The total employee benefits of the key management personnel of the charity were £96.241 (2023 - £87,067). Page 30
AnSmal Rescue Cumbrla cfhe W81rMrlght Shelter) CIO Notes to the Financlal Ststements for the Year Ended 31 December 2024 (contlnued) 13 Penslon and other scheme8 Defined contrlbutlon PonOn SChntr The charlty operales a defined contrfbulion pen8lon scheme. The penslon cost charge for the year represents ¢ontrfl>utlons payablo by the charlly 10 the scheme and amounled to £3.749 (2023 - £3,071). 14 Tax8ilon The charfty Is a feglstered ¢harfty and Is therefore oxempi from taxatlon. 15 Tanglble tlxed assets Land 8nd bulldlngs Fumllure and equlpment Motor vehlcles Total C081 Al 1 January 2024 Addlllons Dlsp¢sals At 31 Decemt*r 2024 366.712 57,382 11,006 31385 456,479 11.006 460.509 Deprla110n Al 1 January 2024 Charge for the year Ellminaled on dlsposels At 31 December 2024 121,687 4JQO 47.841 4.453 15,343 4.260 184.871 13.013 125 987 191126 Nel book value At 31 Decgmbor 2024 240 725 269 383 At 31 December 2023 245 025 Page 31
Anlmal Rescue Cumbrfa (rhe Wainwrlght Shelter) CIO Notes to the Flnanclal Ststements for the Year Ended 31 December 2024 (continued) 16 Flxed a888t Inve8knent8 2023 £(A8 feslaled) 3411493 2024 Other Inve8tm8nlS 3 695 631 Olher Inlments L18ted Invéslm8nts Un118ted Inve$knoni8 Total C08t or Valuallon At l January 2024 Rwaluallon Addllfons Olsposa16 Al 310ecomb8r 2024 1,371,923 15,542 120,859 421091 2,039,570 3,411,493 15.542 689,687 421091 588,828 2 608 398 3 695 631 Net book value Al 31 Deeember 2024 1087 233 2 608 398 3 695 631 Al 31 December 2023 1371923 2039570 3411493 17 Stock 2024 2023 18 Debtor8 2024 2023 Trade debtOf8 Prep8ymen18 Accrued Income VAT recoverable Olher debior8 6.835 975 16,171 204.937 2,966 220 267 19 Cash and Cath wulvalan18 2024 2023 Cash at bgnk 182 381 140 016 Page 32
Anlmal Rescue Cumbrla (The Walnwrlght Shelter) CIO Notes to the Flnanclal Statements for the Year Ended 31 December 2024 (continued) 20 Crodllors: amounts lIng due wlthln one 2024 2023 Trade ¢xedllors Olher laxallon and sodal 8eaNIty Other credllor8 7.166 11.061 5.207 1.661 21 Non•8dJusthy events after the Ilnanclal period Shortly after the year 1, the CtHrity C1)M the Pu¥$¢ of Htgher R(Mel Fami. near Mllnthorpe, as a new l¢xail¢n lor devdopt of an anlmal Shelter. Whllst Some expendllure was Incurred In P124 (surveys, red book valuatlon and some sollchor fees) ts maln gxpendlturn was Incurred In January 2025 arml IrKludod tha £1,050.IXQ purchase prtce, around £8000 shop stock. plus SollcitorlLand Reglstry fees.
Anlmal Rescue Cumbrla (The Walnwrlght Shelter) CIO Notes to the Flnandal Statements for the Year Ended 31 December 2024 (continued) 22 Funds Balance Balance at1 other 0131 January Incomlng Resource3 recognlsed December 2024 resources expended Transfersgalnsl{losses) 2024 Unrestrlcted funds General furKI 368,362 1,073.4S3 ($56,641) (10,507) 10,702 885.369 Deslgnaled Fixed assels Slle redevelopment Samuel and Frode Parklrwn Charltable Trust 500 000 271,608 2,364,307 {13.233) 11,007 269,382 2,366,307 2.000 65 000 67 000 11.007 76.598 3 135 915 3 137 324 Total unrestrkted funds 3 504 277 1140 453 633.239 500 10 702 4 022 693 Restrlcted lund8 The R03e Anlmal TTUSI Lambrfgg Parfsh Wlnd Fam Communlty Fund Mlcrochlpplng programme Appeats Anlmal Trust Walker Imal Rescue Found81k)n Animal Welfare Trusi Anlmal Defence TNSI 10,000 10.000 1200 (1,200) (4,311) (2,535) 4,311 2,535 500 (500> 3,000 3,500 (3,000) (3,500) 1.500 Total re6trtCthd funds 8,846 19,700 {14.546) (500) 11,500 Endowment funds Pwfflan•nt endowmenl 327 371 4 840 329 547 Total funds 3838 494 1.160 153 L 15 542 4 363 740 Page 34
Anlmal Rescue Cumbrla rfhe Walnwrfght Shelter) CIO Notes to tho Flnanclal Staiements forthe Year Ended 31 December 2024 (continuad) 88lan Olher 8131 recognlsed Oecember 2023 resources oxpended TransfersgalnslOo8ses) 2023 Unrestrlcted fund8 (leneral fund 304.951 447.168 (429,104) (523) 45.870 368,362 279. 1500,000 (13.787) (135.693) Z11.608 2,364,307 Slte redevelopment Samuel and Freda Palkinson Charltable Trust 500,000 3 135915 149 578.584 Total Unres1 lunds 31)84 846 447 168 504 977 45 870 3 504,277 Rastslctsd lOchIpp1n9 programrne Appeals Mars Food Fund 5.429 {1.118) 4.311 502.000 (500.000) 5.964 503.500 {2,618) (500.000) 6,846 Endowmenl funds Parmanent endty4vmenl Total funds 3 418 721 950668 4977 47791 3838494
Anlmal Rescue Cumbrla (The Walnwrlght Shelter) CIO Notes to the Flnanclal Statements for the Year Ended 31 December 2024 (contlnued) The 8pedfic purposes tor whlch Ihe fund8 are to be &Pled are as follows: • Samuel and Freda Parkln80n - thls wa8 8 Ioc811y based Trts8t supportlng prfmarfly anlmal ch8rllle8. There w85 an annual round of grant appllcallons and we beneflted from grants of under £10 for some years for spedfi¢ prolecis e.g. purchase of Cabln to 8ccommod8ie 4)n-ts shop, creation ol 8 dog playground. After 2023, the Trust ceased glvlng small grnnts as 11 was preparfng to wlnd up and d18[96 the remalnlng capltal fundlng. They asked lor capll81 project 8ppllcatlon8 and we were awarded £500k In May 2023 and Ihen £65K final dl8trlbullon In Feb 24. Glven the uncertalniy around our cepllal developmeni projecl and Ihe Trust's wlsh that thefe sh¢)uld be no confuslon after Ihelr closure If our projeci dld noi go 8he8d, the Trusi agre8d thal the capll81 fundlng already gr8nted would bocome unroslrfcled and could be used lor 8nyihlng we wl8hed wlthln Ihe Charlty8 chaill8ble PUKPO888. CleaAy, th18 la eamarked lor the d•v•lopmenl of Mllnthorpe 811e. . Mlcrachlpplng progr8mm•- Th18 wa8 a PToJecl. (unded wtth a grani from Anlm81 Frlends Insur8ncg to provlde for free ml¢xo¢htpplng wllhln Iho ¢ommunlty. • Appe818 - Appee18 Ih8t we undertake 8ra usu81ty In ¢ollaborniion wlth Pets at Home (Sanla Paws Appeal) and Inlernally for vet trealment for 8 speclflc 8nlm81 or we run a Chrf8tnia8 Dlnner appo8110 buy our anmlalg 8 8pacI81 dlnner and pra8ents for Chrl8tm88 Day. Translefs between fvnds represents Iho purchase 01 assets u81ng gran18 glven for Ihat PUfPO8e. Page 36
Anlmal Rescue Cumbrla (The Wainwright Shelter) CIO Notes to the Flnanclal Statements for the Year Ended 31 December 2024 (contlnued) 23 Anatysls of net assets behyeen funds Unreslrf¢ted Endowme Tolal funds 8131 General Doslgnated Resirlcied Pernianent 2024 Tarolble fixed 88setg Flxed ass Invesiments Currenl assets Cuffeni Ibbllllles 269.382 2,864.307 269,383 3.695,631 417,382 $01,777 402,669 329.547 14,713 Toial net assets 3 133 689 4 383 740 Total funds at31 December 2023 Endowmeni funds Pernianeni Unrestrlcted fvnds General Deslgnated Re3tr1cted fvnds Tangible fixed assels Fixed asset invesirnents Currenl assels Currenl118bllllles 271.608 2.864.307 271,608 3,411.493 177,991 219.815 171.145 22.598 327,371 6,846 Tolal not 3 135 915 327 371 3.838 494 24 Related party transacllons There were no lated paty iransaciions In Ihe year. Page 37