2023-03-31-accounts - People For Animal Care Trust (Pact)

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		Page
Report ofthe Trustees	1	to	7
Report ofthe Independent Auditors	8	to	10
Statement of Financial Activities
Balance Sheet		12
Cash Flow Statement		13
Notes to the Cash Flow Statement		14
Notes to the Financial Statements	15	to	21
Detailed Statement of Financial Activities	22	to	23

					31.3.23	31.3.22
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes	E	f	E	6
FIXEDASSETS.
Tangible assets			1,138,293		1,138,293	1,144,535
CURRENT ASSETS
Stocks		9	17,940		17,940	17,940
Debtors		10	694,709		694,709	123,759
Cash at bank and in hand			313,512	39,366	352,878	143,916
			1,026,161	39,366	1,065,527	285,615
CREDITORS
Amounts falling due within one year		11	(218,443)		(218,443)	(106,963)
NET CURRENT ASSETS			807,718	39,366	847,084	178,652
TOTAL ASSETS LESSCURRENT LIABILITIES			1,946,011	39,366	1,985,377	1,323,187
CREDITORS
Amounts falling due aftermorethan	one year	12	(119,441)		(119,441)	(111,666)
NET ASSETS			1,826,570	39,366	1,865,936	1,211,521
FUNDS		14
Unrestricted funds					1,826,570	1,172,155
Restricted funds					39,366	39,366
TOTAL FUNDS					1,865,936	1,211,521

					31.3.23	31.3.22
				Notes	E	E
Cash flows from	operating	activities
Cash generated	from operations				272,904	85,186
Tax paid						(5,088)
Net cash provided by operating activities					272,904	80,098
Cash flows from	investing	activities
Purchase oftangible fixed		assets			(63,942)	(142,804)
Net cash used in	investing	activities			(63,942)	(142,804)
Change in cash and cash equivalents			in the
reporting period					208,962	(62,706)
Cash and cash equivalents		at the beginning
ofthe reporting	period				143,916	206,622
Cash and cash equivalents		at the end	ofthe
reporting period					352,878	143,916

1.	RECONCILIATION	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
					31.3.23	31.3.22
					E	6
	Net income for the reporting			period (as per the Statement ofFinancial
	Activities)				654,415	160,308
	Adjustments for:
	Depreciation charges				70,184
	Other Disclosure					979
	Increase in stocks					(4,186)
	Increase in debtors				(570,950)	(80,831)
	Increase in creditors				119,255	8,916
	Net cash provided	by operations			272,904	85,186
2.	ANALYSIS OF CHANGES		IN NET FUNDS
				At 1.4.22	Cash flow	At31.3.23
				E	E	E
	Net cash
	Cash at bank and in hand			143,916	208,962	352,878
				143,916	208,962	352,878
	Debt
	Debts falling due within		1year	(20,000)		(20,000)
	Debts falling due after 1		year	(111,666)	(7,775)	(119,441)
				(131,666)	(7,775)	(139,441)
	Total			12,250	201,187	213,437

2.	DONATI	ONS AND LEGAC	IES
					31.3.23	31.3.22
					E	E
	Donations				696,879	556,507
	Legacies				1,306,320	526,408
					2,003,199	1,082,915
	OTHER TRADING ACTIVITIES
					31.3.23	31.3.22
					E	f
	Charity Shop Turnover				1,015,322	972,196
	Commission Income				7,166	9,664
					1,022,488	981,860
4.	INCOME	FROM CHARITABLE ACTIVITIES
					31.3.23	31.3.22
				Activity	E	E
	Local Support Grant			Sanctuary Operations		46,669
	JRSand	other grants		Sanctuary Operations		17,836
						64,505
	Grants received, included		in the	above, are as follows:
					31.3.23	31.3.22
					E	E
	Norwich	City Council				17,335
	North Norfolk District Council					8,000
	South Norfolk District Council					6,667
	Borough	Council Of King's	Lynn			4,000
	Other Local Authorities					10,667
						46,669

9.	STOCKS
				31.3.23	31.3.22
				E	E
	Veterinary Stock			17,940	17,940
10.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
				31.3.23	31.3.22
				E	E
	VAT Receivable			20,664	5,088
	Prepayments and accrued income			674,045	118,671
				694,709	123,759
11.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
				31.3.23	31.3.22
				E	E
	Trade creditors			100,905	56,976
	Taxation and social security			17,828	15,988
	Other creditors			99,710	33,999
				218,443	106,963
12.	CREDITORS: AMOUNTS		FALLING DUE AFTER MORE THAN ONE YEAR
				31.3.23	31.3.22
				E	E
	Other creditors			119,441	111,666
13.	LOANS
	An analysis ofthe maturity ofloans is given below:
				31.3.23	31.3.22
				E	E
	Amounts falling due within one year on demand:
	Otherloans			20,000	20,000
	Amounts falling between		one and two years:
	Other Ioans - 1-2years			119,441	111,666

	31,3.23	31.3.22
	E	E
INCOME AND ENDOWMENTS
Donations and legacies
Donations	696,879	556,507
Legacies	1,306,320	526,408
	2,003,199	1,082,915
Other trading activities
Charity Shop Turnover	1,015,322	972,196
Commission Income	7,166	9,664
	1,022,488	981,860
Charitable activities
Local Support Grant		46,669
JRSand other grants		17,836
		64,505
Total incoming resources	3,025,687	2,129,280
EXPENDITURE
Charitable activities
Animal Welfare	135,112	110,561
Employee Costs	1,199,365	773,564
Depreciation	70,184	64,778
Utilities and Waste	103,663	63,091
Insurance and Business Rates	13,992	13,957
Professional Fees	52,282	5,980
Office Expenditure	82,552	46,374
Maintenance	42,782	18,999
Bank Charges	2,184	2,736
	1,702,116	1,100,040
Other
Employee Costs	168,261	425,802
Rent, Rates and Insurance	263,992	231,213
Shops Maintenance	16,027	12,599
Warehousing Costs	212	255
Utilities and Waste Disposal	83,024	37,567
Motor Expenses	27,137	38,884
Carried forward	558,653	746,320