Charity registration number 1153992
CORNWALLANIMAL HOSPITAL CHARITY
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

CORNWALLANIMAL HOSPITAL CHARITY
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
WT Chalker
W Krey
J Cosgrove
RJCock
A Johnson
(Appointed 22 November
2023)
(Appointed 25 April 2024)
G Batral
Charity number
1153992
Principal address
Cam Tannery
Wilson Way
Pool
Redrulh
Cornwall
United Kingdom
TR15 3RX
Auditor
Azets Audit Services
Woodlands Court
Truro Business Park
Truro
Cornwall
United Kingdom
TR4 9NH
Solicitors
stephens Scown
1 High Cross Street
St. Austell
Cornwall
United Kingdom
PL25 4AX

CORNWALLANIMAL HOSPITAL CHARITY
CONTENTS
Page
Trustees, report
Independent auditorfs report
Statement of financial a￿1VitieS
10-11
Balan￿ sheet
12
Statement of cash flows
13
Notes to the financial statements
14-25

CORNWALLANIMAL HOSPITAL CHARITY
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
The trustees present their annual report and financial statements for the year ended 30 September 2024.
The financial statements have been prepared in accordance with the aGcounling policies sel out in note 1 to the
financial statements and ¢omply wilh the charity's goveming document, the Charities Act 2011 and "Accounting and
Reporting by Charities.. Statement of Recommended Practice applicab￿ lo charities prepaiing their accounts in
a¢cordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective
1 January 2019)"
Objectives and a¢tlvltles
Obje¢tive$ and alms
To relieve the suffering of animals of any species. that are in need of care and attention and in particular, to provide
and maintain an Animal Hospital for the care and treatment of animals that are sick, abandoned, neglected or ill
trealed.
Slgnlficant activities
The trustees have regard to the guidance and regulatory requ1￿MentS of the Charity Commission, to ensure that
the Charity always supports ils charitable objectives for the public benefit.
The Animal Hospital - the Charity's Velerinary practice provides the ft)Ilowing for members of the public:
Veterinary Consuttations and Treatment
- Advice on the Care ofAnimals
Preventative Treatments= flea control, neutering, worming
- Dèntal Work
Care of abandoned animals
Re-homing of abandoned animals
Dietary advice & food supplies
Nurse Advice Clinics
- Puppy & Kitten Stsrter pa¢ks
Addltlonal work undertaken
- Working with staff at the Penwith Pet Crematorium
Liaising wilh and helping otherAnimal Charities. such as the RSPCA, Guide Dogs for the Blind, The
Greyhound Trust, Dogs Trust, Cat Protection etc.
The Charity does not undertake any investment, other than the maintenance of its assets i.e. The Animal Hospital.
The Charity has many volunteers. working mainly in the relail sedor. Th8 volunteers support the paid
employees in the running of the Pool Stores and the shops.
Publlc benefit
The Trustees consider they have complied with their duty in Seclion 17 of the Charities Act 2011 which requires
them to have due regard to guidance published by the Charity Commission.

CORNWALLANIMAL HOSPITAL CHARITY
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Achlevements and perfomian¢e
Charftable actlvitig$
The Animal Hospital's client base has stabilised over this year holding on to its many exira ¢lierrts galhered from the
previous 6 years. The promotion offered to all clients provided they become members is still proving io be a success
with over 200 members, all laking advantage of the financial in¢entives available to them. Memberships can now be
completed online via our website making it far quicker and easier to update. Its reputslion for the quality care of
animals and support for their owners, together with its improved facilities and equipment, ensures Ihat it has an
increasingly positivè imagè in the lo¢al community. Clients come from as far afield as Penzance, Newquay, Sl.
Austell, Helston, Falmouth and the Lizard area to use the excellent services provided.
Support from the Retail Sector
The retsil shops sales performance was excellent this year improving on last year's performance by almost 40k to
£621,749 (2023- £597,714), its highest annual lurnover. It was a very encouraging effort given the general Irend in
Retail sales. We are again most grateful to our many loyal supporters for their very kind donations.
Supporting Agencies
RCVS - Provides our members with regular updates and CPD opportunities.
VDS provide Professional insurance cover lo the Vets Pracli¢e.
Various Locum Agencies provide us with Locum VetslRVN staff as required.
Peninsula Business Services- Provides Employment Law advice to CAHC Trustees.
Towergate Mia provide our Surgery Insurance at the Vets site.
SMEI provide insurance cover for all our Retail Charity Shops.
Push Logic provide our web sile services.
Some of th8 many success storles of the Charlty:
The new Cat Unit at Treleigh is now fully operational.
The Relail Charity Shop in Cambome's main street has won several prRes for its window displays including
Trevithick Day, R8membran¢e Day and a Christmas theme. Many Guslomers stop and take pictures of the displays
and it has created much interest in the town.
We have an updated website which is far more customer friendly and focussed, allowing memberships and
donations to be tendered directly online. The Trustees are now inputting a quarterly newsletter onto the website and
the Autumn Edition is now availablè to view, We can show from a recent Sunday Times artide that our Vet prices
are more than 70fy/0 cheaper than other, mainly corporate vet practices, proving how much our chariiy is helping
keep costs down.
We now offer specialist cardiology services at thè practice provided by an excellenl respeded individual.
We have recruited an excellent Lead Vet Surgeon and helped many dients to extend the life of their pets as a
result.
Some remarkable stories are shown wiihin our w8bsite where we have helped young kittens retum to normal
playtime behaviour.
New re-designed plans for the Rehab Unit will double the size of the existing of the practice in sq ft terms.
Oncé Phase 4, the final phase of the new build proje¢l. is Completed a range of additional facilities including a
Treadmill, dog grooming and behaviour Se￿iceS together with a large Training Suité. our unique Charity Small
Animal Practice will provide everything local pet owners could possibly wish for in one place with a 27-spa¢e Car
park.
Our Retail Charity shop in Camborne has won many first prizes for its window displays and was officially recognised
by Camborne BID when awarded first prize at the annual Community Awards Event in 2023.

CORNWALLANIMAL HOSPITAL CHARITY
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Financial review
The Charity's annual income insofar as the Retail Shops was their best result total Shop income £621,749 against
£597.714 for 2023 and congratulations go out to Heather Woods and her team for a great effort. We closed our
Truro shop when the lease expired in November 2022. We are looking for a new shop in Hayle.
The charity's veterinary practi￿ IS Still finding the recruitment of Vet Surgeons very difficult and is having to spend
much more than expected on Locum fees in this year's accounts. The staffing problems will hopefully be resolved
by the Summer of 2025. The Vets income this year was £623,531 against £523.851 last year. Turnover has
inGreased significantly by more than 19°A helped by our new Lead Vet Surgeon's appointment from 1 January 2024.
We had also managed to recruit a fjjrther Nurses and an additional Receptionist during 2024 which meant that
we could take on many more clients.
Overall the charity made a loss of £86.481 (2023 loss: £24,526). Salary increases were the main cause of the
higher loss figure. In terms of capital expenditure, this year we purchased two new anesthetic machines costing
£8:500 which we paid for in full. We also spent £15.000 on consultancy fees in respect to planning applications.
Reserves policy
The Trustees have reviewed the Policy for the Charitls Reserves. All moni8$ held in reserve at the year end are
identified for specific use to support the Charity's purposes. Phases 1 4 which cornmen￿d in July'14 and is
ongoing has completely Changed the appearance of the Hospital for the better. The final ¢hapt8r (Phase 4) in this
redevelopment programme has received Council planning approval. The project. when compl8ted, will fulfil our aim
that the Animal Hospital truly be¢omes a centre of veterinary ex¢ellen¢e.
The Trustees aim to hold in free reserves, not invested in ffixed assets, Sufficient monies to cover months
average expenditure. This would have required £224,152 as at 30 September 2024 (2023.. £196,108). As at 30
September 2024 the charity held £676,774 (2023: £763,255) in unrestricted reserves of which £402,628 (2023:
£405,475) was invested in fixed assets, resulting in a balance of £274,146 (2023- £357.780) free reserves. The
Trustees intend to use these reserves towards the costs of Phase 4, as well as to provide a buffer to the charity
during the current economic environment.
Principal funding Sources
The Charity's principal source of funds is from the Animal Hospital and the Retail Shops.
Legacies for the Charity are occasionally received and these are registered as 'promises' to the Charity, to be used
to support the charitable purposes.
Personal Donations are received online via Stripe. Just Giving, PayPal and other funding channèls.
Monies are also received from the Chariws Collection fins, which are displayed in many shops in the local
area.
Easyfundraising.org.uk raises funds via our web sile where supporters can sign up and when purchasing from
1000's of different suppliers our charity re￿iVeS a small percentage of each transadion from Easytundraising.

CORNWALLANIMAL HOSPITAL CHARITY
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Plans for future periods
Future plans
The Trustees feel that the proposed building work at the Animal Hospital will create a modem interior with modem
clinical surroundings, excellent facilities, and equipment. These developments will lead to the Animal Hospital
gaining RCVS Small Animal accreditation and status soon. Phase 4 of the redevelopment program at the Hospital
site will involve the provision of a large purpose-buili Rehab Unit on the sile ¢o$ting more than £500.000. Revised
plans are being drawn up for this exciting new build project.The first part of this has involved the building of a new
Cat Unil and large réar extension Costing £50,000.
Now that our hospital is at such a high standard in terms of appearance and equipment we are once again looking
positively towards working with Duthy College as a Training Practice. We cU￿entlY have one stsff member training
to bé RVN qualified. Comwall Channel a lo¢ally based media company have provided us with a video which is
shown onto our promotional screen in the Vets waiting area and onto our web site. A special personal message is
also included on the video from our Patron Anne Robinson. We teamed with another local media company Big Box
advertising who have installed a TV into the Vels site waiting area promoting local businesses and of course the
Comwall Animal Hospital (CAHC}.
The Trustees are focused on improving the retail shops by leasing more modern premises as ¢urrent leases expire.
This is part of a decision, made by the Trustees, lo improv8 the overall image of the Charity, lis sites. and facilities.
The new shops opened in the last 4 years at Camborne and Redruth increase the number of retail outlets to 6. The
shops al Pool and Formal were the first retail sites to a¢¢ept card payments within CAHC. The extension of card
payments saw Camborne, Redruth & Penzance shops added earfy in the previous financial year, these 4 shops
also having land line phone connections. The new Camborne shop has phone and internet connections. The
Charity's own maintenance personnel have done an excellent job in providing a new kitchenllaundry area plus
workshop and PAT testing room in the existing main warehouse at the Pool site.
The Trustees are always looking to increase our operating outlets and looking to find the best possible locations to
service lotsl Communities within Comwall. We are looking ¢uffenlly for a new shop site in Hayle.
Structure. govomance and management
The charity is governed by its constitution which was adopted on 27th September 2013 when Comwall Animal
Hospital Charity was first registered as a CIO.
The Charity began operating under its new status as a CIO (Charitable Incorporated Organisation), with a
registration number 1153992 from 1 April 2014.
Trade mark protoctlon
Effeclive from 31 March 2015 CAHC has legally protected its DoglCaVFlag logo in the UK via the Intellectual
Propety Office. This legal status has recently been extended for another 10 years.
Trustrees
The trustees who served during the year and up to the date of signature of the financial statements were-
WT Chalker
W Krey
J Cosgrove
RJCock
A Johnson
G Barral
(Appoinled 22 November 2023)
(Appointed 25 April 2024)
Organisational structuro
The current Trustee Board consists of 6 trustees who arè all committed to the Charity and have various roles to
develop and are all passionate animal lovers. Miss Angela Johnson joined in NoVeM￿r 2023, who sells items to
raise funds for the Charity and although based in East Cornwall travels to our Trustee meetings in Camborne such
is her willingness to support us. Graham Barral has later joined in April 2024. We can have up to 7 Trustees and
would welcome an increase in our numbers from suitable candidates.

CORNWALLANIMAL HOSPITAL CHARITY
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Induction and tralnlng of new trustees
New Trustees go through a process of induction, which includes discussions based on their reasons for wanting to
become a trustee, their understanding of the chaTity and its aims, plus the provision of the necessary referenc8S
and the completion of CC Form CSD-1382. The skills and experiences the new twstee can bring to the board are
discussed and a Skills Checklist is completed. Once the new trustee has been COwOPted onto the trustee board, they
are given a guided tour of all the Charity's premises introduced to the staff and volunteers. They also receive a copy
of the latest audiled accounts and a copy of the Charity's ConstitLrtion.
Wider network
The Charity works wilh local and national animal charities to provide veterinary care and some re-homing of
animals.
Related partles
The charitable work is undertaken at the Animal Hospital. This work is financialty supported by the retail sector. at
the Pool Stores, including shops in Hayle, Penzan¢e. Cambome (Formal), Redruth & Cambome (Main Street>.
statement of trusteos, responslbllltles
The trustees are responsible for preparing the Trustees. Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
Th8 law applicable to tharilie$ in England and Wales requires the trustees to prepare financial staternents for each
financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and
applic2tion of resources of Ihe charity for that year.
In preparing these financial statements, the trustees are required to-
select suitable accounting poli¢ies and then appty them consistently.,
- observe the methods and principles in the Charities SORP-
make judgements and estimates that are reasonable and pwdent;
state whether applicable accounting standards have been followed, subject to any material departures disclosed
and explained in the financial statements. and
prepare the financial statements on the going concem basis unless it is inapproprial& to presume that the charity
will Gontinue in operation.
The trustees are responsible for keeping sufficient a¢¢ounting records that disclose with reasonable accuracy at any
time the financial position of the Charity and enable them to ensure that the financial statements comply with the
Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They
are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Auditor
In accordance with the charity's artides, a resolution proposing that A2ets Audit SeNices be reappointed as auditor
of the charity will be put at a General Meeting.

CORNWALLANIMAL HOSPITAL CHARITY
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
The tru
port was approved by the Board of Trustees.
Trustee
Date..

CORNWALL ANIMAL HOSPITAL CHARITY
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF CORNWALLANIMAL HOSPITAL CHARITY
Opinion
We have audited the financial statements of Comwall Animal Hospital Charity (the 'charitl) for the year ended 30
September 2024 which comprise the statement of financial activities. the balance sheet, the statement of cash flows
and the notes 1 10 24 to the financial stslements, induding a summary of significant accounting policies. The
financial reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards, inoluding Financial Reporting Standard 102 The Financial Reporting Standard applicable in
the UK and Republic of Ireland (Uniled Kingdom Generally Accepted Accounting PractiGe).
In our opinion, the financial statements..
give a true and fair view of the state of the charity's affairs as at 30 September 2024 and of its incoming
resources and application of resources, foi the year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice:
and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for oplnlon
We Conducled our audit in a¢¢ordance wrth International Standards on Auditing {UK) (ISAS (UK)) and applicable
law. Our responsibilities under those standards are further described in the Auditorfs rgsponsibilitl8s for the audrt of
the financial statgments section of OUT report. We arè independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the financial statements in Ihe UK, including the FRC'S Elhical
Slandard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We b81i8ve
that the audit evidence we have obtained is sulfi¢ient and appropriate to provide a basis for our opinion.
Concluslons relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concem basis of
accounting in the preparation of the financial statements is appropriate.
Based on the WO￿ we have perfomied. we have not identified any material uncertainties relating to evènts or
¢onditions that, individually or collectively, may cast signifi¢ant doubl on the charity's ability to wntinue as a going
concem for a period of at least tsyelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concem are described in the
relevant sections of this report.
Other informatlon
The other information comprises the information included in the annual report other than the financial statements
and our auditor's report thereon. The trustees are responsible for the other information contained within the annual
reporl. Our opinion on the financial statements does not cover the other information and we do not express any form
of assuran￿ conclusion thereon. Our responsibility is to read the other information and, in doing so, consider
whether the other infomiation is materially inconsistent with the financial statements or our knowledge obtained in
the COLsrse of the audit, or otherwise appears lo be materially misstated. If we identify suGh material inconsistencies
or apparent material misslalements, we are required lo determine whether this gives rise to a material misstatement
in the financial statements themselves. If, based on the work we have performed, we conclude that there is a
material misstatement of this other information. we are required to report that fact.
We have nothing to report in Ihis regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and
Reports) Regulations 2008 require us lo report to you if. in our opinion..
the information given in the financial statements is inconsistent in any malerial rèspect with the trustees.
report. or
sufficienl accounting records have not be8n kept,. or
the financial statemènts are not in agreement with the acxounting records., or
we have not received all the infomiation and explanations we require for our audit.

CORNWALLANIMAL HOSPITAL CHARITY
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF CORNWALL ANIMAL HOSPITAL CHARITY
Responsibilitie¥ of trustsos
As explained more fully in the statement of trustees, responsibilities, the trustees are responsible for the preparation
of the financial statements and for being satisfied that they give a true and fair view, and for such inlemal control as
the trustees determine is necessary to enable the preparation of financial statements that are free from material
misstatement. whèther due lo fraud or error. In preparing the financial statements, the trustees are responsible for
assessing the charity's ability to continue as a going COn￿rn, disclosing, as applicable, matters related to going
concem and using the going concern basis of accounting unless the truste8S either intend to cease operations, or
have no realistic alternative but to do so.
Audltorfs responslbllltles for the audlt of the financlal statements
We have been appoinled as auditor under sedion 144 of the Charities Ad 2011 and report in accordance with the
Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of 8ssuran¢e but is not a guarantee that an audit conducted in acLordance
with ISAS (UK} will always detect a material misstatement when it exists. Misslatemenls can arise from fraud or
error and are considered material rf, individually or in the aggregate, they could reasonably be expected to influence
the economic decisions of users taken on the basis of these financial statements.
A further description of our responsibilities is available on the Financial Reporting Council's website at.. https-.11
www.frG,org,uklauditorsresponsibilities, This description fonns part of our auditorfs report.
Extent to which tho audit was considered capable of detecting irregularlties, Including fraud
Irregularities, including fraud, are instances of non-compliance with law5 and regulations. We design Pro￿dureS in
line with our responsibilities, outlined above and on the Financial Reporting Council's website, to detect material
misstatements in respect of irregularities, including fraud.
We obtain and update our understanding of the enlity, its adivities, its ¢onlrol environment, and likely future
developments, including in relation to the legal and regulatory framework applicable and how the entity is complying
with that framework. Based on this understanding, we identify and assess the risks of material misstatement of the
financial statements, whether due to fraud or error. design and perform audit procedures responsive to those risks.
and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. This in¢ludes
consideration of the risk of acts by Ihe entity that were contrary to applicable laws and regulations, including fraud.
In response to the risk of irregularities and non-compliance with laws and regulations, including fraud, we designed
procedures which included..
Enquiry of management and thos8 charged with goveman¢e around actual and potential litigation and
claims as well as actual, suspected and alleged fraud.
Reviewing minutes Of meetings of those Charged with govemance.,
Assessing the extant of compliance with the laws and regulations considered to have a direct material
effect on the financial statements or the operations of the entty through enquiry and inspection,.
Reviewing financial statemenl disclosures and testing to supporting documentation to assess compliance
with applicable laws and regulations.
Performing audit work over the risk of management bias and override of controls, including testing of
journal entries and other adjustments for appropriateness, evaluating the business rationale of signrficant
transactions outsid8 the normal course of business and reviewing a¢¢ounling estimates for indicators of
potential bias.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those
leading to a material misstatement in the financial statements or non-compliance with regulation. This risk
increases the more that GomplianGe with a law or regulation is removed from the events and transactions reflected
in the financial statements, as we will be less likely to become aware of instances of non4omplian¢e. The risk of
not detecting a material misstatement resulting from fraud is higher than for one r8sulling from error, as fraud may
involve collusion, forgery, intentional omissions, m1$rep￿Sen1atiOn$, or the override of internal control.

CORNWALLANIMAL HOSPITAL CHARITY
INDEPENDENT AUDITOR'S REPORT ICONTINUED)
TO THE TRUSTEES OF CORNWALL ANIMAL HOSPITAL CHARITY
Other matters
Your attention is drawn to the fact that the charity ha5 prepared financial statements 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)" (as
amended} in preference lo the A¢¢ounting and Reporting by Charities= Statement of Recommended Practice issued
on 1 April 2005 which is referred to in the extant regulations bLrt has now been wilhdrawn.
This has been done in order for the financial statements to provide a true and fair view in accordance with current
Genèrally Accepted A¢¢ounting Practice.
Use of our report
This report is made solely to the charity's trustees. as a body. in accordance with part 4 of the Charities (Accounts
and Reports) Regulations 2008. Our audit work has been undertaken $0 that we might slate to the charity's trustees
those matters we are required to state to them in an audiiorfs report and for no other purpose. To the fullest extent
permitted by law, we do not accept or assume responsibility to anyone other than the charty and the charity's
trustees as a body, for our audit work, for Ihis report, or for the opinions we have formed.
rtzek Lr
Azots Audit Servi¢es
Chartered Accountants
ststutory Auditor
Woodlands Court
Truro Business Park
Truro
Comwall
United Kingdom
TR4 9NH
Azels Audit Services is eligible for appointment as auditor of the charity by virtue of its eligibility for appoinlment as
auditor of a Company under seclion 1212 of the Companies Act 2006.

CORNWALLANIMAL HOSPITAL CHARITY
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Current financial year
Unrestricted Restricted
funds
funds
2024
2024
Total
Total
2024
2023
Notes
Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Bank interest
Other income
9,814
623,531
621,749
2,973
364
9,814
623,531
621,749
2,973
364
29,287
523,851
597.714
1,268
Total Incomè
1,258,431
1,258,431
1,152.120
nditure on:
Raising funds
551,779
551,779
533,421
Charitable activities
792,613
792,613
642,705
Financing cost
520
520
520
Total expenditure
1,344,912
1,344.912
1.176,646
Net expenditure for the yearl
Net movement in funds
(86,481)
186.481)
(24,526)
Fund balances at 1 October 2023
763,255
13,117
776,372
800,898
Fund balances at 30 September 2024
676,774
13,117
689,891
776.372
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
10-

CORNWALL ANIMAL HOSPITAL CHARITY
STATEMENT OF FINANCIAL ACTIVITIES {CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Prior financial year
Unrestrlcted Restricted
funds
funds
2023
2023
Total
2023
Notss
Income and endowment5 from:
Donations and legacies
Charitable activities
Other trading activities
Bank interest
14.288
523,851
597,714
1,268
14.999
29.287
523,851
597,714
1,268
Total inGome
1,137.121
14,999 1,152,120
Ex
ndlture on:
Raising funds
533,421
533.421
ChaTitable activities
642,606
99
642,705
Financing cost
520
520
Total expenditure
1,176,547
99 1,176,646
Gross transfers between funds
Net expenditure for the yearl
Net movoment in funds
1,783
(1,783)
{37,643)
13,117
(24,526)
Fund balances at 1 October 2022
800,898
800,898
Fund balances at 30 Septsmber 2023
763,255
13,117
776,372
11

CORNWALLANIMAL HOSPITAL CHARITY
BALANCE SHEET
AS AT 30 SEPTEMBER 2024
2024
2023
Notss
Fixed assèts
Tangible assets
12
402,628
405,475
CuThent assets
Stocks
Debtors
Cash at bank and in hand
13
14
27,615
22,480
332,605
30,707
22,252
419,328
382,700
472,287
Creditors: amounts falling due within
one year
15
(91,787)
(94,090)
Net current assets
290,913
378.197
Total assets less current Ilabllltles
693.541
783,672
Creditors: amounts falling due after
more than one year
16
(3,650)
(7,300)
Net assets
689,891
776,372
Income funds
Restricted funds
UnrestriGted funds
General unrestricted fijnds
Revaluation reserve
13,117
13.117
528,354
148.420
614,835
148,420
676,774
763.255
689,891
776,372
The
1),
15tatements were approved by the Trustee5 On .........................
T Chalker
Trustee
12-

CORNWALL ANIMAL HOSPITAL CHARITY
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
2024
2023
Notes
Cash flows from operatlng activities
Cash (absorbed by)Igenerated from
operations
21
(68,888)
33,549
Investing activities
Purchase of tangible fixed asset5
Proceeds from disposal of tangible fixed
assets
Interest received
{17,658}
(12.613)
500
2,973
1.268
Net cash used In Investlng a¢tivitie$
(14.185)
(11,345)
Flnanclng activities
Payment of obligations under finance leases
(3.650)
(3,650)
Net cash usèd In flnancing activities
(3,650)
(3,650)
Net (decreaseifincrease in cash and cash
equivalents
(86,723)
18.554
Cash and cash equivalents at beginning of year
419,328
400,774
Cash and ¢a$h equlvalents at end of year
332.605
419,328
13-

CORNWALLANIMAL HOSPITAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Aceountlng poll¢les
Charity Inforniatlon
Cornwall Animal Hospital is a Charitable Incorporated Organisation registered with the Charity Commission in
England & Wales. The principal address is Cam Tannery. Wlson Way. Redrulh, Cornwall, TR15 3RX.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charivs governing document. the
Charities Act 2011 and "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 2019)" The charty is a Public
Benefit Entity a5 defined by FRS 102.
The financial statements have departed from the Charities (Accounts and R8POrts) Regulations 2008 only to
the extent required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for charities apptying FRS 102 rather than the version of the Statement of
Recommended PracliGe which is referred to in the Regulations but whi¢h has Sin￿ been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearesl pound.
The financial slalemenls have been prepared under the historical cost convention, modified to in¢lude the
revaluation of freehold properties. The principal accounting policies adopted are sel out below.
1.2 Going ¢on¢em
The trustees have assessed the use of the going concern basis and have considered possible events or
conditions that might cast a significant doubl on the ability of the charity to continue as a going concem. The
trustees have considered a period of at least twelve months from the date of approval of these financial
statements. In particular, the trustees have considered the charity's available cash balances in conjunction
wilh expected working capital requirements and have conduded that there is a reasonable expectation that
the charity has adequate resources to conlinue in operational existence for the foreseeable future.
The trustees are of the view that the￿ are no material uncertainties that may create significant doubt over the
charity's ability to continue as a going concem. The charity therefore continues to adopt the going conom
basis in preparing its financial stslements.
1.3 Charitable funds
Unrestricted fund5 are available for use at the discretion of the trustees in furtherance of Iheir charitable
objectives.
1.4 Income
Income is recogni5ed when the charity is legally entitled to it after any performance conditions have been met.
the atnounls can be measured reliably, and it is probable that income will be re￿ived.
Income from charitable aGlivities is recognised as the services are provided.
Donations and gifts are recognised in full in the Statement of Financial Activities when receivable.
Legacies are recognised on receipt or othe￿ise if the charity has been notified of an impending distribLrtion,
the amount is known. and receipt is expected.
Income from government grants is recognised when the charity has entitlement to thè funds. any perforniance
nditions attached lo the grant have been met, il 15 probable that the income will be received and th8 amount
can be measured reliably and is not deferred.
14-

CORNWALL ANIMAL HOSPITAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Accounllng pollcles
(Contlnued}
Income from other trading activities is recognised at the point of sale of g¢)ods. Goods donated for sale are
included as income al the point of sale.
1.5 Expenditure
Liabilities are recognised as expenditure a5 soon as there is a legal or constructive obligalion committing the
charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and
ha5 been classified under heading5 that aggregate all cost related to the calegory. Where costs cannot be
directly attributed to particular headings they have been allocated to activities on a basis consistent with the
Use of resource5.
1.6 Tanglble fixed assets
Tangible fixed assets are initially measured at cost. Suth costs includes costs directly attributable to making
the asset capable of operating as intended. Subsequent to initial recognition, tangible assels. excluding
freehold properties, are stated al ¢ost less accumulated depreciation and a¢¢umulated impairment. Freehold
properties are carried at a revalued amount less subsequent accumulated depreciation and accumulated
impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less th@ir residual values over their
useful lives on the following bases..
Freehold land and buildings
Leasehold improvèments
Hospital equipment
Fixtures and fittings
Computers
Motor vehicles
straight line
25Q/o reducing balance
250h reducing balance
25°/o reducing balance
25 /0 reducing balance
250A reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference behveen the sale
proceeds and the carrying value of the asset, and is recognised in the statèment of financial activities.
1.7 Impairnient of fixed assets
Al each reporting end date, the charty reviews the carrying amounls of its langible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss (if any}.
1.8 Stocks
Slocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Stod(s
does not include goods donated for sale as it is impractical to measure the fair value of these donated items
reliably.
1.9 Finanelal Instruments
The charity has elected to appty the provisions of Section 11 'Basic Financial Instruments. and S8Ction 12
'other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes parly to the
fyntraciual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intenlion to sottle on
net basis or to realise the asset and settle the liability simultaneously.
15-

CORNWALLANIMAL HOSPITAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Accounting policies
(Continued)
Basic flnanclal assets
Basic financial assets, which include debtors and cash and bank balan¢e$, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the
effective interest method unless the arrangement constitutes a financing transaGtion, where the transaction is
measured at the present value of the future receipts discounted al a market rate of interest. Financial assets
classified as receivable within one year ar8 not amortised.
Ba$1¢ financlal liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
WFthin one year are nol amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabiliti8s if payment is due within one
year or less. If nol, they are presented as non-¢urrent liabilities. Trade Q￿dItorS are ￿cOgnised initially al
transaction pricè and subsequently meaSU￿d at amortised Cost using the effedive interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
¢an¢elled.
1.10 Employee benefits
The cost of any unused holiday entitlement is re¢ognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
to temiinate the employment of an employee or to provide termination benefits.
1.11 Retlremont benefits
The charity operates a defined contiibution pension plan for its employees. Contributions are recognised as
an expense when they fall due. Amounts due but not yet paid are includèd within ¢reditors on the balance
sheet. The assets of the plan are held separately from the company in indep8ndenlly administered funds.
Once contributions to the pension fun have been paid, there is no further obligation to the company.
1.12 Leases
Leases are classified as finance leases whenever the terms of the lease transfér substantially all the risks and
rewards of ownership to the lessees. All other leases are classified as operating leases.
Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of
inception and the present value of the minimum lease payments. The related liability is included in the
balance sheet as a finan￿ lease obligation. Lease payments are treated as consisting of capital and interest
elements. The interest is charged to net incomel(expendilure) for the year so as to produce a constant
periodic rate of interest on the remaining balan￿ ol the liability.
Rentsls payable under operating leases, including any lease incentives received, are Charged as an expense
on a straight line basis over the term of the relevant lease.
16-

CORNWALL ANIMAL HOSPITAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Donations and legacles
Unrestricted
fund$
Unrestricted Restricted
funds
funds
Total
2024
2023
2023
2023
Donations and gifts
9,814
14,288
14,999
29.287
Charitable activities
Vetèrinary Veterinary
practice
prdctice
2024
2023
Sales within charitable aclivities
623.531
523.851
Other trading a¢tivitie$
Unrestricted Unrestrictod
funds
fund$
2024
2023
Revenue from retail shops
Trading activity income- other
621,749
594,085
3,629
Other trading activities
621,749
597,714
Bank interest
Unrestrictsd Unrestrfcted
funds
funds
2024
2023
Interest receivable
2,973
1,268
17

CORNWALLANIMAL HOSPITAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Other Income
Unrestricted
funds
Totsl
2024
2023
Net gain on disposal of tangible fixed assets
364
Charitable activities
Veterinary Veterinary
pra¢ti¢e
practice
2024
2023
Staff costs
Depreciation and impaimient
Medical supplies
Locum costs
Pet ¢remations
Hire of plant and mathinery
Rates and water
Insurance
Light and heat
Telephone
Postagé and stslionery
Training
Repairs and renewals
Motor expenses
Advertising
Computer expenses
Subscriptions
Other charitable expenditure
369,534
19,582
194,611
77,185
14,281
7,075
1,489
4,426
7,496
(1.158)
3,286
3,806
20.218
32
5.062
3,504
308
16,102
211,010
16,573
162,669
138,010
12,005
6.188
1,232
3,865
6.747
9,112
3,022
3,547
14,621
3,586
3,797
278
11,316
746,839
607.644
Share of govemance costs (see note 9)
45,774
35,061
792,613
642.705
Analysis by fund
Unrestricted funds
Restricted funds
792,613
842,606
99
-18-

CORNWALLANIMAL HOSPITAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Raising funds
Unrestrlctod Unrestricted
funds
funds
2024
2023
Shop trading
Rent
Repairs and refvrbishments
Insurance
Light and heat
Rates and water
Othér trading costs
staff costs
Depreciation and impairment
88.312
7,262
5,392
12,950
2,305
29,631
405,139
788
80,928
9,352
5,289
14,884
1,816
17,864
402,245
1,043
Shop trading
551,779
533,421
551,779
533,421
Support costs
Govemance
costs
2024
2023
Audil fees
Accountancy
Legal and professional
14.000
5,646
26,128
14,000
5,646
26,128
10,200
19,517
45,774
45,774
35,061
Analysed between
Chaiitable activities
45.774
45,774
35,061
10 Trustees
T Chalker, a Twstee, received remuneration during the year of £26,594 {2023- £24,722)
Expenses were paid to T Chalker, a Trustee, of £332 (2023.. £530).
Other than the above and note 24, none of the trustees lor any persons connected with them) received any
remuneration or benefrts from the charity during the year (2023.. none).
19-

CORNWALLANIMAL HOSPITAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
11 Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
Employees
33
31
Employmenl costs
2024
2023
Wages and salaries
Social security costs
other pension costs
712,706
50,954
11,013
569,973
34,947
8,335
774,673
613,255
There were no employees whose annual remuneration was £60,000 or more (2023: none}.
-20-

J ff) V)
Ino
no
rL)
o)m

CORNWALLANIMAL HOSPITAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
12 Tangible fixed a5sots
(Contlnued)
The net carrying value of tangible fixed assets includes the following in respect of assets held under finance
leases or hire purchase contracts. The depreGiation charge in respect of such assets amounted to £2,681
{2023 - £3.5741 for the year.
2024
2023
Motor vehicles
8,041
10,722
The freehold Pfcperty was valued by Millers Commercial Valuers Ltd (independent chartered surveyors) in
March 2022 on an open market basis in accordance with the Appraisal and Valuation Manual of The Royal
Insts'tution of Chartered Surveyors. The histortcal cost of freehold property included in the valuation is
£252,604.
13 Stocks
2024
2023
Veterinary medications and Consumables
27,615
30,707
14 Debtors
2024
2023
Amounts falling due within one year:
Trade debtors
Prepayments and accrued income
4,199
18,281
13,220
9,032
22,480
22,252
16 Creditors: amounts falling due within one year
2024
2023
Notes
Obligations under finan¢e leases
Other taxation and social security
Trade creditors
Other creditors
Accruals and defe￿ed income
17
3,650
27,422
33,166
2,798
24.751
3,650
19,196
46,601
2,181
22,462
91,787
94,090
-22-

CORNWALL ANIMAL HOSPITAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
16 Creditors: amounts falling due after more than one year
2024
2023
Notss
Obligations under finance leases
17
3,650
7,300
17 Flnance lease commitinents
Future minimum lease payments due under finan¢e leases:
2024
2023
Within one year
Within t￿0 and five years
3,650
3,650
3,650
7,300
7.300
10,950
18 Retirement benefit schemes
Defined contribution $¢hemes
The charity operates a defined contribution pension scheme for all qualifying employees. The assèts of the
scheme are held separately from those of the charity in an independently administered fund.
The tharge to profit or loss in respect of defined Contribution schemes was £11,013 {2023 - £8.335).
19 Restrlcted funds
The incorne funds of the charity include restricted funds comprising the following unexpended balances of
donations and grants held on trust for specific purposes-
Movement in funds
Movement
in funds
Incomlng
Balance at
rosources 30 Septernbor
2024
Incomlng
Rosources
8alance at
•xpond•d1 Octob8r 2023
Casde Goff donation
14,999
(1.882)
13,117
13,117
Castle Goff donation - During the prior yèar, the charity received a donation from Castle Goff Cat Rescue of
£14,999 for the purchase of 2 Ophthalmoscope and Otoscope Deskiop ijnits, with the remaining balance to go
towards the hydrotherapy pool and treadmill capital project.
-23-

CORNWALLANIMAL HOSPITAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
20 Analysis of net assets between funds
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Fund balances at 30
September 2024 are
represented by..
Tangible assels
Net current assets
Long term liabilities
402.628
277,796
(3.650)
402,628
290.913
(3,650)
405,475
365,080
17,300>
405,475
378.197
{7,300)
13,117
13.117
676,774
13.117
689.891
763,255
13,117
776,372
21 Cash generatod from operations
2024
2023
Deficit for the year
(86,481)
(24,526)
Adjustments for..
Investment income recognised in slalement of financial activities
Gain on disposal of tangible fixed assets
Depreciation and impairment of tangible fixed assets
{2,973)
(364)
20.369
(1,268)
17,616
Movements in working capital..
Decreasel(increasel in stocks
(Increase)Idecrease in debtors
(Decrease>lincrease in creditors
3,092
{228)
{2.303)
(369)
7,289
34.807
Cash (absorbed byllgenerated from operations
168,888)
33,549
22 Analysis of ¢hanges in net funds
At 1 Octobgr
2023
Cash flow¥ At 30 S•ptsmbgr
2024
Cash at bank and in hand
419,328
(86,723)
332,605
Obligations under finance leases
(10,950)
3,650
(7,300)
408.378
{83,073}
325,305
-24-

CORNWALLANIMAL HOSPITAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
23 Oparatlng lease commitments
At the reporting end date the charity had outstsnding ¢ommitments for fvture minimum lease payments under
non-cancellable operating leases, which fall due as follows..
2024
2023
wrthin one year
Behveen two and five years
In over five years
63,410
137.241
3.758
31,792
70,224
6,764
204,409
108,780
24 Rolatsd party transactlons
Transa¢tions wlth relatsd parties
The spouse of one of the twsteas is employed by the charity and was paid a total of £35,198 {2023: £34,049)
during the year. The individual's details have bean omitted for the protection of the persons concerned in
accordance with paragraph 1.29 of the SORP.
-25-