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2022-03-31-accounts

Company Number 08121260

Charity Number 1155095

MOORVIEW RESCUE LIMITED

A company limited by guarantee and

a registered charity

ANNUAL REPORT AND FINANCIAL STATEMENTS

for the year ended

31 March 2022

HPH Chartered Accountants 54 Bootham YORK YO30 7XZ

MOORVIEW RESCUE LIMITED

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022

The Directors, who are also Trustees for the purpose of Charity law, are pleased to present their report together with the financial statements of the Charitable Company for the year ended 31 March 2022.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, 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 Charitable Company is a Public Benefit Entity.

Objectives and activities

The object for which the Charitable Company is formed is:

1. To relieve the suffering of animals in need of care and attention and, in particular, to provide and maintain kennels and rescue homes or other facilities for the reception, care and treatment of such animals.

2. To promote humane behaviour towards animals by providing appropriate care, protection, treatment and security for animals which are in need of care and attention by reason of sickness, maltreatment, poor circumstances or ill usage, and to educate the public in matters pertaining to animal welfare in general and the prevention of cruelty and suffering among animals.

Moorview Rescue’s area of operation is the whole of the UK and it achieved its charitable objects through the following activities: -

1

MOORVIEW RESCUE LIMITED

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)

The Directors believe they have complied with the duty in section 17 of the 2011 Charities Act to have due regard to guidance published by the Charity Commission in respect of public benefit.

Achievements and performance

Financial Review

Financial Summary

Total income of the Charitable Company for the year amounted to £56,504 (2021: £123,076) of which £56,188 (2021: £121,076) related to the unrestricted funds.

Total charitable expenditure during the year amounted to £54,949 (2021: £119,133), of which £54,643 (2021: £116,333) related to unrestricted funds. Included in total charitable expenditure are governance costs which amounted to £3,993 (2021: £1,093), all of which related to unrestricted funds.

The net surplus for the year amounted to £1,545 (2021: Surplus £3,943) and reserves carried forward at the year-end amounted to £63,219 (2021: £61,674) of which £45,294 (2021: £41,143) related to the free reserves. The charity benefitted from two large grants and two legacies during the year which has helped with the reduced income from donations, fundraising and adoption income.

Principal Funding Sources

The principal funding sources in the year were grants and donations awarded from The Emerald Foundation (£10,000) and Sister Lilly (£3,000) and two Legacies totaling £15,000.

2

MOORVIEW RESCUE LIMITED

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)

Financial Review - continued

Reserves policy

Having regard inter alia to their legal duties of prudence and care, the Directors believe it is prudent for Moorview Rescue Limited to maintain minimum unrestricted non-designated reserves equivalent to at least 6 months core expenditure to provide the ability to:

Reserves are maintained through the generation of surpluses from delivery of activities, fundraising appeals and events, and shall be defined as unrestricted cash and debtors less liabilities. The current unrestricted undesignated reserves figure on 31 March 2022 amounted to £45,294, approximately 10 months of the current core expenditure.

Going concern.

The Charitable Company was impacted by the COVID-19 lockdowns and took steps to restructure and reduce its cost base going forward to ensure the charity’s ability to continue to provide its services. The Charitable Company is reliant on donations both large and small and has increased its fundraising activities.

The Directors have a reasonable expectation that the Charitable Company has adequate resources to continue in existence for the foreseeable future. They continue to believe that the going concern basis of accounting is appropriate in preparing the financial statements.

Plans for future periods

Moorview Rescue plans to continue its rescue services and animal welfare advocacy and aims to secure funding towards core activities going forward.

Moorview Rescue will support people struggling with their personal circumstances, or with training a “difficult” dog, to help them to keep their pet (to avoid that dog going into rescue). We will continue to offer the same support to our fosterer and adopters.

Further fundraising events have been organised, including car boot sales, raffles, a summer fun day, a fashion show, quiz nights and attending community events such as The Otley Victorian Fayre. The charity will continue to fundraise through our online presence.

3

MOORVIEW RESCUE LIMITED

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)

Financial Review - continued

Reserves policy

Having regard inter alia to their legal duties of prudence and care, the Directors believe it is prudent for Moorview Rescue Limited to maintain minimum unrestricted non-designated reserves equivalent to at least 6 months core expenditure to provide the ability to:

Reserves are maintained through the generation of surpluses from delivery of activities, fundraising appeals and events, and shall be defined as unrestricted cash and debtors less liabilities. The current unrestricted undesignated reserves figure on 31 March 2022 amounted to £45,294, approximately 10 months of the current core expenditure.

Going concern.

The Charitable Company was impacted by the COVID-19 lockdowns and took steps to restructure and reduce its cost base going forward to ensure the charity’s ability to continue to provide its services. The Charitable Company is reliant on donations both large and small and has increased its fundraising activities.

The Directors have a reasonable expectation that the Charitable Company has adequate resources to continue in existence for the foreseeable future. They continue to believe that the going concern basis of accounting is appropriate in preparing the financial statements.

Plans for future periods

Moorview Rescue plans to continue its rescue services and animal welfare advocacy and aims to secure funding towards core activities going forward.

Moorview Rescue will support people struggling with their personal circumstances, or with training a “difficult” dog, to help them to keep their pet (to avoid that dog going into rescue). We will continue to offer the same support to our fosterer and adopters.

Further fundraising events have been organised, including car boot sales, raffles, a summer fun day, a fashion show, quiz nights and attending community events such as The Otley Victorian Fayre. The charity will continue to fundraise through our online presence.

3

MOORVIEW RESCUE LIMITED

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)

Reference and administrative details

Charity number 1155095 Company number 08121260 Registered Address 54 Bootham YORK YO30 7XZ

Directors and Trustees Lynne Susan Andrews (appointed 19 April 2021) Abigail Victoria Andrews (appointed 19 April 2021) Julia Ward (appointed 24 May 2021) Dr Helen Veronica Stewart Turner (appointed 24 May 2021) Mr Lee Ward (appointed 15 November 2021)

Ruth Elizabeth Allen (appointed 24 May 2021) (resigned 23 August 2021) Daniel Roger Whiteley (appointed 19 April 2021) (resigned 21 September 2021) Elizabeth Sophie Hancock (appointed 19 April 2021) (resigned 21 May 2021) Ruth Rooze (resigned 18 May 2021) Joanne Louise Brydon (resigned 18 May 2021) Alexandra Jane Russell (resigned 7 April 2021)

Accountants HPH Chartered Accountants 54 Bootham York YO30 7XZ

Independent Examiner Sarah Wearing, FCA, DChA HPH Chartered Accountants Conyngham Hall Business Centre Bond End KNARESBOROUGH North Yorkshire HG5 9AY

4

MOORVIEW RESCUE LIMITED

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)

Structure, Governance and Management

Governing document

Moorview Rescue is a company limited by guarantee governed by its Memorandum and Articles of Association dated 27 June 2012, as amended by special resolutions dated 24 October 2013 and 28 November 2013. The Company received charitable status on 20 December 2013.

Appointment of Directors

The minimum number of directors under the Articles shall not be less than 3 but shall not be subject to any maximum.

Appointment of Directors

The Directors may at any time co-opt any person as a director, either to fill a casual vacancy or by way of addition to their number. Any person co-opted shall remain in office until the next Annual General Meeting but shall then be eligible for re-election.

Directors induction and training

Potential directors meet with the Chair of Directors and another director and are invited to attend a Directors’ Meeting as an observer prior to consenting to being put forward for appointment. Due diligence is exercised in checking that there are no reasons as to why they should not be appointed as a director. New directors are briefed on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the Directors’ decision-making processes, the business plan and recent financial performance of the Charitable Company. During their induction they meet key members of the Charitable Company and other directors. Directors are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role and relevant external training opportunities are brought to the attention of the Directors. Directors are also encouraged to visit activities delivered by the Charitable Company to facilitate their understanding of the work of the Charitable Company.

Organisation

The Directors administer the Charitable Company, and they meet fortnightly. An Administrator is appointed by the Directors to manage the day-to-day operations of the Charitable Company. To facilitate effective operations, the Administrator has delegated authority, within terms of delegation approved by the Directors, for operational matters such as the responsibility for rehoming.

The Directors who served during the year and up to the date of this report are set out in the Reference and Administration section.

5

MOORVIEW RESCUE LIMITED

DIRECTORS’ AND TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022 (CONTINUED)

Related parties

Any connection between a director with a contracted organisation must be disclosed to the Directors in the same way as any other contractual relationship with a related party. Details of transactions with related parties or trustees are contained within the notes to the accounts (note 14).

Risk management

The Directors have a risk management strategy which comprises:

The directors have made large strides in the year to restructure the Charitable Company to ensure they have adequate unrestricted cash reserves to cover cash fluctuations.

Directors’ responsibilities in relation to the financial statements

Company law requires the Directors to prepare financial statements that give a true and fair view of the state of affairs of the Charitable Company at the end of the financial year and of its surplus or deficit for the financial year. In doing so the Directors are required to:

The Directors are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charitable Company and enables them to ensure that the financial accounts comply with the Companies Act 2006 and applicable charity law. They are also responsible for safeguarding the assets of the Charitable Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Exemption

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Directors on 30 March 2023 and signed on their behalf by:

Lynne Andrews Helen Turner Director Director

6

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF MOORVIEW RESCUE LIMITED

I report to the Charitable Company Directors on my examination of the accounts of the Charitable Company for the year ended 31 March 2022.

This report is made solely to the Charitable Company’s directors, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and the Charitable Company’s trustees as a body in accordance with section 154 of the Charities Act 2011. My independent examiner’s work has been undertaken so that I might state to the Charitable Company’s trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charable Company, the Charitable Company’s members as a body and the Charitable Company’s trustees as a body for my independent examiner’s work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the Charitable Company’s trustees (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Charitable Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your Charitable Company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Charitable Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities, applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Sarah Wearing, FCA, DChA 30 March 2023

HPH, Chartered Accountants Conyngham Hall Business Centre Bond End KNARESBOROUGH North Yorkshire HG5 9AY

7

MOORVIEW RESCUE LIMITED

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MARCH 2022

Note
INCOME
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
TOTAL INCOME
EXPENDITURE
Charitable activities
6
TOTAL EXPENDITURE
Transfers between funds
11
Net movement in funds
Reconciliation of funds
Total funds brought forward
11
Total funds carried forward
13
Net income before transfers		 Unrestricted
funds
£
48,064
2,800
5,322
2
56,188
54,643
54,643
1,545
-
1,545
61,674
63,219
£		 Restricted
funds
£
316
-
-
-
316
316
316
-
-
-
-
-
£		 Year ended
31 March
2022
£
48,380
2,800
5,322
2
56,504
54,959
54,959
1,545
-
1,545
61,674
63,219
£		 Year ended
31 March
2021
£
118,227
3,820
1,028
1
123,076
119,133
119,133
3,943
-
3,943
57,731
61,674
£

All activities derive from continuing operations.

The notes on pages 10 to 16 form part of the accounts.

8

MOORVIEW RESCUE LIMITED

(A company limited by guarantee)

BALANCE SHEET

YEAR ENDED 31 MARCH 2022 Company registration number: 08121260

Note
£
£
FIXED ASSETS
Tangible Assets
8
17,925
CURRENT ASSETS
Debtors
9
2,952
Cash at Bank and in hand
44,262
47,214
LIABILITIES: amounts falling
due within one year
10
(1,920)
NET CURRENT ASSETS
45,294
TOTAL ASSETS LESS CURRENT LIABILITIES
63,219
NET ASSETS
£ 63,219
THE FUNDS OF THE CHARITY
Restricted Funds
-
Unrestricted Funds
- Designated Funds
11
17,925
- Undesignated Funds
11
45,294
TOTAL FUNDS
13
£ 63,219
31 March 2022		 £
£
20,531
1,258
44,690
45,948
(4,805)
41,143
61,674
£ 61,674
-
20,531
41,143
£ 61,674
31 March 2021		 £
£
20,531
1,258
44,690
45,948
(4,805)
41,143
61,674
£ 61,674
-
20,531
41,143
£ 61,674
31 March 2021
61,674
£ 61,674
-
20,531
41,143
£ 61,674

For the financial year ended 31 March 2022, the Charitable Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The Members have not required the Charitable Company to obtain an audit of its accounts for the year in question in accordance with section 476. The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The financial statements have been prepared in accordance with the special provisions of Part VII of the Companies Act 2006 relating to small companies.

Approved by the Directors on 30 March 2023 and signed on their behalf by:

……………………….. Lynne Andrews Director & Trustee

The notes on pages 10 to 16 form part of the accounts.

9

MOORVIEW RESCUE LIMITED

NOTES TO THE ACCOUNTS

FOR YEAR ENDED 31 MARCH 2022

1 GENERAL INFORMATION

The Charitable Company is a private company limited by guarantee, which is incorporated and registered in England and Wales (no. 08121260). It was registered as a Charity on 20 December 2013. The Charity number is 1155095.

The address of its registered office is 54 Bootham, YORK, YO30 7XZ.

2 ACCOUNTING POLICIES

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

2.1 Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

The Charitable Company is small and has taken advantage of the exemption provided by Section 7 of FRS 102 and has not prepared a Cash Flow Statement.

Moorview Rescue Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

2.2 Preparation of the accounts on a going concern basis

The Charitable Company was impacted by the COVID-19 lockdowns and took steps to restructure and reduce its cost base going forward to ensure the charity’s ability to continue to provide its services. The Charitable Company is reliant on donations both large and small and has increased its fundraising activities.

The Directors have a reasonable expectation that the Charitable Company has adequate resources to continue in existence for the foreseeable future. They continue to believe the going concern basis of accounting is appropriate in preparing the financial statements.

2.3 Income recognition

Income is recognised when the Charitable Company has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the Charitable Company has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

2.4 Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Costs of charitable activities include those costs incurred by the Charitable Company in the delivery of its activities and services for its beneficiaries. Costs relating to a particular activity are allocated directly; others are apportioned on an appropriate basis as set out in note 6.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

10

MOORVIEW RESCUE LIMITED

NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 MARCH 2022

2 ACCOUNTING POLICIES (continued)

Unrestricted funds are funds which are available for use at the discretion of the Directors in furtherance of the general objectives of the Charitable Company.

Designated funds are funds set aside by Directors out of unrestricted general funds for specific future purposes or projects.

2.6 Tangible fixed assets and depreciation

Tangible fixed assets are included in the financial statements at their historical cost (in the case of donated assets, at their fair value at the date of acquisition), for items over £100.

Depreciation of tangible fixed assets is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant & equipment 25% reducing balance Fixtures & fittings 25% reducing balance Motor vehicles 25% reducing balance Log cabins 6 year straight line

2.7 Operating leases

Rentals payable under operating leases are charged on as straight line basis over the lease term.

2.8 Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.9 Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.10 Creditors and provisions

Creditors and provisions are recognised where the Charitable Company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

11

MOORVIEW RESCUE LIMITED

NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 MARCH 2022

3
DONATIONS AND LEGACIES
Donations and covenants
Legacies
Grant income		 Funds
£
19,564
15,000
13,500
£ 48,064
Unrestricted		 Restricted
Funds
£
316
-
-
£ 316		 Total
2022
£
19,880
15,000
13,500
£ 48,380		 Total
2021
£
60,727
-
57,500
£ 118,227

In 2021, £2,000 income from donations and legacies related to restricted funds.

The Charitable Company also benefits greatly from the involvement and enthusiastic support of its many volunteers. Volunteers donate their time through the following activities: administration, dog walking, event planning and fundraising. In accordance with Charities SORP, the economic contribution of general volunteers is not recognised in the accounts.

The Charitable Company also received donations of Dog food throughout the year, which the Charitable Company has been unable to ascertain the value of.

Restricted
Total
Funds
Funds
2022
4
CHARITABLE ACTIVITIES
£
£
£
Adoptions
2,800
-
2,800
£ 2,800
£ -
£ 2,800
In 2021, no income from charitable activites related to restricted funds.
Restricted
Total
Funds
Funds
2021
5
OTHER TRADING ACTIVITIES
£
£
£
Fundraising
4,559
-
4,559
Petplan Commission
763
-
763
£ 5,322
£ -
£ 5,322
Unrestricted
Unrestricted		 Total
2021
£
3,820
£ 3,820
Total
2020
£
403
625
£ 1,028

In 2021, no income from other trading activities related to restricted funds.

12

MOORVIEW RESCUE LIMITED

NOTES TO THE ACCOUNTS

FOR YEAR ENDED 31 MARCH 2022

6 ANALYSIS OF TOTAL EXPENDITURE

6.1 Charitable activities
Cost of Fundraising
Pet Food
Vet Bills
Other Direct Costs
Kennels and Care Charges
Staff Costs
Subcontractors
Consultancy Costs
Rental Costs
Repairs and Renewals
Insurance
Gas, Water and Electric
Bank Charges
Office Expenses
Advertising and PR
Sundry expenses
Depreciation
Motor Expenses
Volunteer Expenses
Support Costs
6.2 Support costs
Accountancy
Independent Examiner Fee
Legal and Professional Fees		 Unrestricted
Funds
£
404
383
9,714
-
12,812
8,442
-
8,222
1,934
161
283
600
308
1,420
375
582
3,195
1,815
-
3,993
£ 54,643
249
800
2,944
£ 3,993		 Restricted
Funds
£
-
-
316
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
£ 316
-
-
-
£ -		 Total
2022
£
404
383
10,030
-
12,812
8,442
-
8,222
1,934
161
283
600
308
1,420
375
582
3,195
1,815
-
3,993
£ 54,959
249
800
2,944
£ 3,993		 Total
2021
£
148
216
6,274
2,829
44,116
18,561
672
-
-
12,258
2,694
3,600
691
1,785
1,559
1,034
19,105
2,458
40
1,093
£ 119,133
293
800
-
£ 1,093

In 2021, £2,800 of charitable expenditure related to restricted funds.

7
EMPLOYEE INFORMATION
Wages and Salaries
Employer Pension Contributions		 Total
2021
£
8,442
-
8,442
£		 Total
2020
£
18,561
-
18,561
£

No employee earned £60,000 per annum or more in the year.

Number of employees

The average head count of employees on the payroll for the year ended March 2022 was 1 (March 2021 - 1).

The key management personnel of the Charitable Company comprise the Directors. The total employee benefits of the key management personnel was £nil (March 2021 - £nil).

13

MOORVIEW RESCUE LIMITED

NOTES TO THE ACCOUNTS

FOR YEAR ENDED 31 MARCH 2022

8 TANGIBLE FIXED ASSETS

Cost
At 1 April 2021
Additions
Disposals
At 31 March 2022
Depreciation
At 1 April 2021
Charge for year
Disposal in year
At 31 March 2022
Net Book Amounts
At 31 March 2022
At 31 March 2021		 Plant &
Equipment
£
6,856
589
-
7,445
5,632
432
-
6,064
£ 1,381
£ 1,224		 Fixtures
& Fittings
£
5,076
-
-
5,076
4,559
22
-
4,581
£ 495
£ 517		 Motor
Vehicles
£
11,859
-
(1,719)
10,140
8,626
827
(1,719)
7,734
£ 2,406
£ 3,233		 Log
Cabins
£
68,903
-
-
68,903
53,346
1,914
-
55,260
£ 13,643
£ 15,557		 Total
£
92,694
589
(1,719)
91,564
72,163
3,195
(1,719)
73,639
£ 17,925
£ 20,531

Assets with a net book value of £nil (2021 - £nil) related to restricted funds.

All fixed assets are used in the furtherance of the Charitable Company's objects.

9
DEBTORS
Gift Aid
Prepayments		 Unrestricted
Funds
£
2,554
398
£ 2,952		 Restricted
Funds
£
-
-
£ -		 Total
2022
£
2,554
398
£ 2,952		 Total
2021
£
1,258
-
£ 1,258

In 2021, no Debtors related to restricted funds.

Unrestricted
Funds
£
10
LIABILITIES: Amounts falling due within one year
Trade Creditors
-
Accruals
1,920
-
£ 1,920
Social security and other taxes		 Restricted
Funds
£
-
-
-
£ -		 Total
2022
£
-
1,920
-
£ 1,920		 Total
2021
£
2,524
2,060
221
£ 4,805

In 2021, no Creditors related to restricted funds.

14

MOORVIEW RESCUE LIMITED

NOTES TO THE ACCOUNTS

FOR YEAR ENDED 31 MARCH 2022

11 UNRESTRICTED FUNDS

Undesignated fund
- free reserves
Designated fund
- fixed assets
Balance at 31 March 2022		 Balance
£
41,143
20,531
£ 61,674
01/04/2021		 Income
£
56,188
-
£ 56,188		 Expenditure
£
(51,448)
(3,195)
£ (54,643)		 Transfers
£
(589)
589
£ -		 Balance
31/03/2022
£
45,294
17,925
£ 63,219

The designated fund represents the net book value of the Charitable Company's fixed assets, which are held to enable the Charitable Company to achieve its charitable objects.

The transfers in the year represent restricted monies received for the purchase of fixed assets and unrestricted funds used for fixed assets costs.

Undesignated fund
- free reserves
Designated fund
- fixed assets
Balance at 31 March 2021
RESTRICTED FUNDS
Vet Bills
Balance at 31 March 2022
Vet Bills
Balance at 31 March 2021		 Balance
£
17,295
39,636
£ 56,931
Balance
£
-
£ -
Balance
£
800
£ 800
01/04/2020
01/04/2021
01/04/2020		 Income
£
121,076
-
£ 121,076
Income
£
316
£ 316
Income
£
2,000
£ 2,000		 Expenditure
£
(97,228)
(19,105)
£ (116,333)
Expenditure
£
(316)
£ (316)
Expenditure
£
(2,800)
£ (2,800)		 Transfers
£
-
-
£ -
Transfers
£
-
£ -
Transfers
£
-
£ -		 Balance
31/03/2021
£
41,143
20,531
£ 61,674
Balance
31/03/2022
£
-
£ -
Balance
31/03/2021
£
-
£ -

12 RESTRICTED FUNDS

Vet Bills

The monies received relate to individual donations for Vet Bills.

15

MOORVIEW RESCUE LIMITED

NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 MARCH 2022

13 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Current year
Restricted funds
General fund
Designated funds
Balance at 31 March 2022
Comparative year
Restricted funds
General fund
Designated funds
Balance at 31 March 2021		 Tangible fixed
assets
£
-
-
17,925
£ 17,925
Tangible fixed
assets
£
-
-
20,531
£ 20,531		 Current
assets
£
-
47,214
-
£ 47,214
Current
assets
£
-
45,948
-
£ 45,948		 Current
liabilities
£
-
(1,920)
-
£ (1,920)
Current
liabilities
£
-
(4,805)
-
£ (4,805)		 Total
£
-
45,294
17,925
£ 63,219
Total
£
-
41,143
20,531
£ 61,674

14 TRANSACTIONS WITH DIRECTORS, CONNECTED PERSONS AND RELATED PARTIES

Transactions with Directors

The Directors of the Charitable Company do not receive any remuneration or benefits by virtue of being a Director and were not reimbursed for travelling expenses in the year (2021 - £nil) to attend meetings.

Moorview Kennels & Cattery Limited

A management contract existed between the Charitable Company and Moorview Kennels & Cattery Limited. Management charges of £nil (2021 - £44,116) were paid to Moorview Kennels & Cattery Limited for the provision of kennelling services provided to the Charitable Company.

J Brydon and R Brydon were both Director and Trustee of the Charitable Company, and a Director of Moorview Kennels & Cattery Limited during the year and have since resigned as trustees.

During the year £600 was reimbursed to J Brydon and R Brydon for recharged electricity costs (2021 - £3,600).

15 TAXATION

As a registered charity, Moorview Rescue Limited is exempt from the tax on income and gains falling within sections 466 to 493 of the Corporation Tax Act 2010 and section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Company.

16