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2021-04-05-accounts

Objectiv e s and Activ itie s
SORP reference
Summary ofthe purposes of Para 1.17 To safeguard
the wellbeing
of animals.
To
the charity as set out in its relieve their suffering, to provide care and
governing document attention,
and in particular to provide
and
maintain
an animal sanctuary
for the
reception, care, treatment
and re-homing
of
animals
in need.
Summary
activities		 of the main
in relation to those		 Para 1.17and
1.19		 April 2020 —April 2021was a challenge
for all
of us in more ways than we ever expected.
purposes for the public With Covid stopping
our fund
raising we had to
benefit,
in particular,		 the become more creative and explore other
activities, projects or avenues.
services identified
in		 the
accounts. ln an effort to raise a ronstant
stream of
income the idea of Animal Sponsorship
came
into play where people would sponsor an
individual
animal for a minimum
off10a
month
in return they receive regular updates
and thank you's on our Facebook page. This
stream offund raising
is constantly
growing.
A local building
firm also helpect massively
in
donating
materials
and labour to improve the
animal
housing.
Statement confirming Para 1.18 The trustees
have continued to have regard to
whether
the trustees		 have the guidance
issued
by the Charity Commission
had regard to the guidance on public benefit.
issued
by		 the Charity
Commission on public
benefit

Para 1.38
Policy on social investment
including program related
investment
During the period, where Covid restrictions
Para 1.38 allowed, there were several volunteer days to
Contribution made by assist with maintenance, repairs, painting, and
volunteers clearing poisonous
plants		 from pasture.
We have had volunteers dog walking and
assisting with mucking out and caring for the
animals on a weekly basis.
Other

chievements
and Per		 formance
SORP reference
Summary
ofthe main
achievements
ofthe charity,
identifying
the difference the		 Para 1.20 We have taken
in numerous
animal,
ponies,
dogs, cats, chickens, rabbits and ferrets.
charity's
work has made to		 We have also placed several
animals
in homes
the circumstances
of its		 and also ponies and horses out on loan.
beneficiaries
and any wider
benefits to society as a		 We have worked
hard to improve
all areas of
whole. the sanctuary
this year and continue to work
towards our dream of having
an animal
therapy centre
Achievements
against		 Para 1.41
objectives set
Investment
performance		 Para 1.41
against objectives

Review ofthe charity's Review ofthe charity's Para 1.21 The trust continued to receive regular monthly monthly
financial
position at the end		 donations and retain a small amount of
ofthe period reserves at the end ofthe period.
Statement
explaining		 the Para 1.22 The trustees would
like to be in a stable
policy for holding
reserves		 financial position to hold more reserves by
stating
why they are		 held 2025. At present this is not possible.
Amount of reserves held Para 1.22 Reserves at 5 April 2021were f21,510 which
were all unrestricted.
Reasons for holding zero Para 1.22 Not applicable
reserves
Details offund materially in Para 1.24 Not applicable
deficit
Explanation
of any		 Para 1.23 None.
uncertainties
about		 the The trustees are working
hard to be self
charity continuing
as a going		 sufficient through
animal sponsorship		 and
concern fundraising
activities		 sothat they are not
reliant on such large regular donations by
2025.

ou ma
ch		 o ose t o i nclude furt her statement s
where relevant
about:		 s
where relevant
about:
Principal sources of funds during the year
The charity's
principal
sources offunds
(including		 Para 1.47 continued to be from the trust settlor Miss
Nicholas and from her practice Oakdale Vet
any fundraising) Centre.
Investment policy and
objectives
including
any
social investment
policy		 Para 1.46
adopted
The main risk to the charity has always been
A description ofthe principal Para 1.46 the reliance on regular donations.
risks facing the charity
Miss Nicholas
sadly passed away		 in August
2021 but the donations from the Vet Centre
and the general
public		 have continued,
and the
trustees
are confident		 that they are addressing
the issue by pursuing
other ways		 offund
raising.

Description
of charity's
trusts:
Type of governing
document		 Trust deed
How is the charity Para 1.25 The trust
is unincorporated.
constituted?
Trustee selection methods Para 1.25 The trustees are all volunteers, giving their
including
details of any		 time freely due to their love of animals and
constitutional
provisions e.g.		 their commitment to providing animals with a
election to post or name of safe environment where they can be cared for.
any person
or body entitled
to appoint one or more
trustees
any person
or body entit
to appoint one or more
trustees		 any person
or body entit
to appoint one or more
trustees		 led
Additional
information		 (optional)
You ma
choose to include further statements		 where relevant about:
Policies and procedures
adopted
for the induction
and training
oftrustees		 Para 1.51
The charity's organisational
structure
and
network
with		 any wider
which the		 Para 1.51
charity works
Relationship with any related
parties Para 1.51
Other

Charit name Mer
le s Charitable		 Mer
le s Charitable		 Trust
Other name the charit uses
Re istered charit number 1155405
Charity's principal address 104 Duncombes Road,
Turves,
Peterborough
PE7 2DS
mes ofthe charity tru stees who manage the charity
Trustee name Office (ifany) Dates acted ifnot for whole
year		 Name of person (or body)
entitled to appoint trustee
if an
Mrs N Paterson
Ms E Hughes
Miss S Green
Miss C Nicholas
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

0Z
OC Restricted
(00 Unrestricted income Endowment Total this Total last
Q funds funds funds year year
E E E
Fixed assets F01 F02 F03 F04 F05
Intangible assets (Note 15) 801
Tangible assets (Note 14) 802 15,397 15,397 18,113
Heritage assets (Note 16) 803
Investments (Note 17) 804
Total fixed assets 805 18,113
Current assets
Stocks (Note 18) 806
Debtors (Note 19) 807 8,107 8,107 7,177
Investments (Note 17.4) 808
Cash at bank and in hand (Note 24) 809 8,166
Total current assets 810 15,343
Creditors: amounts falling due within
one year (Note 20) 811 8,122 8,122 5,764
Net current assetsl(liabili ties) 812 9,579
Total assets less current liabilities 813 27,692
Creditors: amounts falling due after
one year (Note 20) 814
Provisions for liabilities 815
Total net assets or liabilities 816 21,510 21,510 27,692
Funds ofthe Charity
Endowment funds (Note 27) 817
Restricted income funds (Note 27) 818
Unrestricted funds 819 21,510 21,510 27,692
Revaluation reserve 820
Total funds 821 27,692
Signed
by one or two		 trustees
on behalf		 of all Date of
the trustees Signature Print Name approval
dd/mm/
t ""' 3I~

Note 2 Accounting
policies
2.2 INCOME
This standard list ofaccounhng
po/icies has been app/ied
by the charity except for those bcked "No" or "Nla".
Where a
different or additional policy has been adopted then this is detailed
in the box below.
Recognition ofincome These are included
in the Statement
of Financial
Activities (SoFA) when
~
the chanty becomes entitled to the resources;
it is more likely than not that the trustees
will receive the		 resources,
and		 Yes No N/a
~
the monetary
value can be measured
with sufficient
reliability.
There has been no offsetting
ofassets and liabilities,
or income and expenses,		 unless required or Yes No N/a
Offsetting permitted
by the FRS 102SORP or FRS 102
Yes No N/a
Grants and donations
are only included
in the SoFA when the		 general
income		 recognition
Grants and donations cntena are met (5 10to 5 12 FRS102SORP)
In the case of performance
related grants,
income must only be recognised		 to the extent Yes No N/a
that the chanty has provided
the specified goods or services as entitlement		 to the grant
only occurs when the performance
related conditions
are met		 (5.16FRS 102SORP)
Legacies Legacies are included
in the SOFA when receipt is probable,
that is, when there has		 Yes No N/a
been grant of probate, the executors
have established
that there are sufficient		 assets in
the estate and any conditions
attached to the legacy are either		 within
the control of the
charity or have been met
Yes No N/a
Government grants The chanty has received government
grants
in the reporling
penod
Gift Aid receivable
is included
in income when there is a valid		 declaration
from		 the donor.
Tax reclaims on Any Gift Aid amount
recovered
on a donation
is considered
to		 be part of that gift and is Yes No N/a
donations and gifts treated as an addition
to the same fund as the initial donation		 unless the donor or the
terms ofthe appeal
have specified otherwise.
Contractual income and This is only included
in the SoFA once the charity has provided		 the related goods or es No N/a
performance related serwces or met the performance
related condihons.
grants
Yes No N/a
Donated goods Donated goods are measured
at fair value (the amount for which the asset
exchanged)
unless impractical
to do so		 could be
The cost of any stock of goods donated
for distribution
to beneficiaries
is deemed
to be
the fair value of those gifts at the time of their receipt and they are recognised
on receipt.		 Yes No N/a
In the reporting
penod
in which the stocks are distributed,
they		 are recognised as an
expense at the carrying
amount
of the stocks at distnbution.
Donated goods for resale are measured
at fair value on initial		 recognition,
which is the
expected proceeds from sale less the expected costs of sale, and recognised
in 'Income
from other trading
activities'
with the corresponding
stock recognised
in the balance		 Yes No N/a
sheet
On its sale the value ofstock is charged against 'Income from other		 trading
activities'
and the proceeds
from
sale are also recognised
as		 'Income from other trading
ac'tivities
.
Yes No N/a
Goods donated
for on-going
use by the charrty are recognised		 as tangible
fixed assets
and included
in the SoFA as incoming
resources
when receivable
Yes No N/a
Gifts in kind for use by the chanty are included
in the SoFA as		 income from donations
when receivable.
Donated services and Donated services and facilities are included
in the SOFA when received at		 the value of Yes No N/a
facilities the gift to the charity prowded
the value of the gift can be measured
reliably.
Donated
services and facilities that are consumed
immediately		 are recognised as income Yes No N/a
with an equivalent
amount
recognised
as an expense under the appropnate		 heading in
the SOFA
Yes No N/a
Supportcosts The charity has incurred
expenditure
on support costs
Volunteer help The value of any voluntary
help recewed
is not included
in the
in the trustees'
annual
report.		 accounts
but		 is described Yes No N/a
Income from interest, This is included
in the accounts when receipt is probable
and		 the amount
receivable		 can es No N/a
royalbes and dividends be measured
reliably
Income from membership Membership
subscnptions
received
in the nature
of a gft are recognised
in		 Donations es No N/a
subscriptions and Legacies
Membership
subscriptions
which gives a member the nght to buy services or other		 es No N/a
benefits are recognised
as income earned
from the provision
ofgoods and		 serwces as
income from chantable
actiwties.
Settlement
claims		 of insurance of insurance of insurance Insurance
claims are only included
in the SoFA when the general
income recognition
criteria are met (5 10to 5 12 FRS102SORP) and are included
as an item of other
income
in the SoFA.		 Insurance
claims are only included
in the SoFA when the general
income recognition
criteria are met (5 10to 5 12 FRS102SORP) and are included
as an item of other
income
in the SoFA.		 Yes No N/a
Investment
losses		 gains and This includes
any realised or unrealised
gains or losses on the sale of investments
and
any gain or loss resulting
from revaluing
investments
to market value at the end ofthe		 Yes No N/a
year.
2.3 EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised
where
it is more likely than not that there is a legal or		 Yes No N/a
constructive
obligation
committing
the chanty to pay out resources and the amount		 of the
obligation
can be measured
with reasonable
certainty
Governance
costs		 and support Support costs have been allocated
between
governance
costs and other support.
Governance
costs compnse
all costs involving
public accountability
ofthe charity
compliance
with regulation
and good practice.		 and its es 0 a
Support costs include central functions
and have been allocated to activity cost		 Yes No N/a
categones
on a basis consistent
with the use of resources,
eg allocating
property		 costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage
Grants with
conditions		 performance Where the chanty gives a grant with conditions
for its payment
being a specific level of
service or output to be prowded,
such grants are only recognised
in the SoFA once the
recipient of the grant has prowded
the specified service or output.		 es No N/a
Grants payable without
performance
conditions		 Where there are no conditions
attaching
to the grant that enables the donor charity to
realistically
avoid the commitment,
a liability for the full funding
obligation
must be
recognised.		 Yes No N/a
Redundancy cost The charity made no redundancy
payments
during the reporting
period.		 Yes No N/a
Deferred income No material
item of deferred
income has been included
in the accounts.		 Yes No N/a
Yes No N/a
Creditors The charity has creditors which are measured
at settlement
amounts
less any trade
discounts
Provisions for liabilities A liability
is measured
on recognition
at its historical cost and then subsequently
measured
at the best estimate
of the amount
required
to settle the obligation
at the		 Yes No N/a
reporting
date
Basic financial
instruments		 The chanty accounts for basic financial
instruments
on initial recognition
as per
paragraph
11 7 FRS102SORP
Subsequent
measurement
is as per paragraphs
to 11.19,FRS102SORP		 11 17 Yes No N/a
2.4ASSETS
Tangible fixed assets for These are capitalised
if they can be used for more than one year, and cost at least
use by charity Yes No N/a
They are valued at cost
The depreciabon
rates and methods
used are disdosed
in note 92
Intangible fixed assets The charity has intangible
fixed assets, that is, non-monetaiy
assets that do not have		 Yes No N/a
physical substance
but are identifiable
and are controlled
by the charity through
custody
or legal nghts
The amortisation
rates and methods
used are disclosed
m note 9.5
es No N/a
They are valued at cost.
Heritage assets The chanty has hentage assets, that is, non-monetary
assets with historic, artistic,		 Yes No N/a
scientific, technological,
geophysical
or environmental
qualities
that are held
and
maintained
pnncipally
for their contribution
to knowledge
and culture
The depreciation
rates and methods
used as disclosed
in note 96 1vk
Yes No N/a
They are valued
at cost
Investments Fixed asset investments
in quoted shares, traded bonds and similar investments		 are
valued
at initially
at cost and subsequently
at fair value (their market value) at the		 year Yes No N/a
end
The same treatment
is applied to unlisted
investments
unless fair value cannot be
measured
reliably
in which case it is measured
at cost less impairment
Investments
held for resale or pending
their sale and cash and cash equivalents
with a		 Yes No N/a
matunty
date of less than
1 year are treated as current asset investments
Stocks and work in Stocks held for sale as part of non-charitable
trade are measured
at the lower or cost or		 net Yes No N/a
progress realisable
value
Goods or services provided as part of a chantable
activity are measured
at net realisable		 value No N/a
based on the service potential
provided
by items of stock.
Yes No N/a
Work
in progress
is valued
at cost less any foreseeable
loss that is likely to occur		 on the contract.
Debtors (including
trade debtors
and loans receivable) are measured
on initial recognition		 at No N/a
Debtors settlement
amount
after any trade discounts
or amount advanced
by the chanty.
they are measured
at the cash or other consideration
expected to be received.		 Subsequently, v'
Current asset investments The chanty
equivalents
equivalents		 has has investments
with a maturity
date
with a matunty
date		 which
it holds for resale or pending
their sale and
less than one year. These include cash on deposit
of less than one year held for investment
purposes		 which
it holds for resale or pending
their sale and
less than one year. These include cash on deposit
of less than one year held for investment
purposes		 which
it holds for resale or pending
their sale and
less than one year. These include cash on deposit
of less than one year held for investment
purposes		 which
it holds for resale or pending
their sale and
less than one year. These include cash on deposit
of less than one year held for investment
purposes		 cash and cash
and cash
rather than to		 Yes No N/a
meet short term cash commitments
as		 they fall due.
Yes No N/a
They are valued at fair value except where they qualify as basic financial instruments
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE
~ ~
Note 3 Analysis of income
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Anal sis F
Donations Donations and ifts 90,632 90,632 81,286
and legacies: Gift Aid
Le acies
General grants provided by
overnment/other charities
Membership subscriptions and
sponsorships which are in substance
donations
Donated goods, facilities and services 10,633 10,633 15,500
Other
Total 101,265 101,265 96,786
Charitable
activities:
Other 1,980
Total 1,980
Other trading
activities:
Other
Total
Income from Interest income
investments: Dividend income
Rental and leasin income
Other
Total
Separate
material item
of income:
Total
Other: Conversion of endowment funds into income
Gain on disposal of a tangible fixed asset
held for charit 's own use
Gain on disposal of a programme related
investment
Royalties from the exploitation of intellectual
ro e ri hts
Other
Total
TOTAL INCOME 101,265 101,265 98,766
Note 5 Donated goods, facilities Donated goods, facilities Donated goods, facilities and services
This year Last year
E E
Seconded staff
Use of property
Other 10,633 15,500
10,633 15,500
This year Last year
Please provide details ofthe
accounting
policy for		 the recognition
and valuation
ofdonated goods,
facilities and services.		 As last ear Donations
rec
nised		 of animal feed
at e uivalent		 and bedding
ofcost.		 are
Please provide details of any
unfulfilled
conditions		 and other
contingencies
attaching
to resources
from donated goods and services not
recognised
in income.		 None None
Please give details of other forms of
other donated goods and services not During the year volunteers
asisted with		 During the year some volunteers assisted with
recognised
in the accounts, eg
contribution
of unpaid
volunteers.		 maintenance
also assisted
duties.		 and repairs to the
with dog walking		 stables etc,
and mucking		 and
out		 animal care and fund
It was estimated
that
were donated
durin		 raising event planning.
over 500 hours oftime
the
ear.
Note 6 Analysis of Analysis of Analysis of expenditure
This year Last year
Restricted
Unrestricted Restricted Endowment Unrestricted income Endowment
Analysis funds income funds funds Totalfunds funds funds funds Total funds
Expenditure
on raising		 funds:
Incurred
seeking donations
Incurred
seeking legacies
Incurred
seeking grants
Operating
membership		 schemes and
social lotteries
Staging fundraising
events
Fudraising
agents
Operating
charity shops
Operating
a trading
company
undertaking
non-charitable		 trading
activi
Advertising,
marketing,		 direct mail and
ublicit
Start up costs incurred in generating
new source of future income
Database development costs
Other trading
activities
Investment
management		 costs
Portfolio mana
ement costs
Cost of obtaining
investment		 advice
Investment
administration		 costs
Intellectual
property
licencing		 costs
Rent collection, property repairs and
maintenance
charges
Total expenditure
on raising funds
Expenditure
on charitable
activities:
Animal Costs - bedding, feed, vet fees
25,329 25,329 20,824 20,824
Farm costs, machinery expenses, 29,431 29,431 23,871 23,871
Total expenditure
on
activities		 charitable 54,760 54,760 44,695 44,695
Separate material
item		 ofexpense
Total
Other
Wa es and salaries 33,266 33,266 31,942 31,942
Premises costs 8,267 8,267 6,920 6,920
Admin ex enses 11,154 11,154 13,280 13,280
Total other expenditure 52,687 52,687 52,142 52,142
TOTAL EXPENDITURE 107,447 107,447 96,837 96,837

vvas paid pl ease enter '0 'in the appropriate
box(es).
This year
f		 Last year
E
Independent examiner's fees
Assurance services other than audit or independent examination
Tax advisory fees

11.1 Staff Cost s
This year Last year
E
Salaries and wages 32,297 31,012
Social security costs
Pension costs (defined contribution scheme) 969 930
Other employee benefits
Total staff costs 33,266 31,942
This year:
Please provide details of expenditure on staff working for the None
charity whose contracts are with and are paid by a related party
Last year:
Please provide details ofexpenditure on staff working for the None
charity whose contracts are with and are paid by a related party
No employees
received		 employee employee benefits (excluding benefits (excluding employer
pension costs) for the reporting period of more than f60,000 TRUE
Band Number ofemployees
This year Last year
860,000to E69,999
F70,000to f.79,999
f80,000to 689,999
f90,000tof99,999
6100,000tof109,999
This year Last year
Please provide the total amount paid to key management
personnel
(includes trustees		 and senior management) for their
services to the charity. For specific amounts paid to trustees,
see Note 28.
11.2 Average head count in the year 11.2 Average head count in the year 11.2 Average head count in the year This year
Number		 Last year
Number
The parts ofthe charity in which the
employees work
Total
This year Last year
Amount of contributions recognised in the SOFA as an expense 930
Please explain the basis for allocating the liability and expense of All income is All income is
defined contribution pension scheme between
activities and		 unrestricted unrestricted
between restricted and unrestricted
funds.
Freehold land 8 Other land 8 Plant, Fixtures, fittings Total
buildings buildings machinery and equipment
and motor
vehicles
At the beginning of the year 40,099 40,099
Additions
Revaluations
Disposals
*
Transfers
At end of the year 40,099 40,099
14.2 Depreciation and impairments
**Basis SL or RB (Straight SLor RB RB SLor RB SLor RB
Line or Reducing
Balance)
**Rate 15%
At beginning of the year 21,986 21,986
Disposals
Depreciation 2,7'I 6 2,716
Impairment
Transfers*
At end of the year 24,702 24,?02
14.3 Net book value
Net book value at the beginning of the year 18,113 18,113
Net book value at the end ofthe year 15,397 15,397

19.1 Analysis Analysis of debtors
Trade debtors
Prepayments and accrued income
Other debtors
Total

20.1 Analysis ofcredi tors
Amounts falling due within Amounts falling due after
one year more than one year
This year Last year This year Last year
E E E f.
Accruals for grants payable
Bank loans and overdrafts
Trade creditors 7,771 4,909
Payments
received on account for contracts or
performance-related grants
Accruals and deferred income 559
Taxation and social security 351 296
Other creditors
Total
Note 24 Cash at bank and in hand Cash at bank and in hand
This year
f		 Last year
f
Short term cash investments (less than 3 months maturity date)
Short term deposits
Cash at bank and on hand 6,128 8,166
Other
Total 6,128
This year Last year Last year
25.1 Please provide details ofthe charity's
exposure to credit risk (the risk of incurring
a loss
due to a debtor not paying
what is owed), liquidity
risk (the risk of not being able to meet short term
financial demands)
and market risk (the risk that		 No risk. All items current and recoverable / No risk. All items current and recoverable /
the value ofan investment
will fall due to changes		 payable. payable.
in the market) arising from financial
instruments		 to
which the charity is exposed at the end ofthe
reporting
period and explain
how the charity
manages those risks.
25.2 Please give details ofthe amount
ofchange
in the fair value of basic financial
instruments
(debtors, creditors, investments
(see section 11,
FRS 102SORP)) measured
at fair value through		 None Not applicable. None Not applicable.
the SoFA that is attributable
to changes
in credit
risk.
This year Last year
Please provide details ofthe nature ofthe
event
The main benefactor
ofthe trust died		 in
August 2021. None
Provide an estimate ofthe financial effect The trust did inherit some land and
ofthe event or a statement that such an shares, so the financial
impact of the
estimate cannot be made event is potentially
not significant,
however,
the trustees are pursuing		 new
fund raising and income sources to
ensure that the trust continues. None

note. Ifthere are no
enter "False".		 note. Ifthere are no
enter "False".		 transactions
to repo		 transactions
to repo		 transactions
to repo		 rt, please enter "True" in the box below. rt, please enter "True" in the box below. Ifthere are transactio ns
to report, ple
No trustee expenses have been incurred (True or False) TRUE
Type of expenses reimbursed This year Last year
Travel
Subsistence
Accommodation
Other (please specify):
TOTAL
Please provide the number of trustees reimbursed for expenses or who
had expenses paid by the charity

'true' in the box prov
This year		 'true' in the box prov
This year		 ided. ided.
There have been no related
party transactions		 in the reporting period (True or False) FALSE
Amounts
Name ofthe
or related		 trustee
party		 Relationship
to charity		 Description
of the
transaction(s)		 Amount Balance at
period end		 Provision for bad
at period end		 debts written
oft
during
reporting
enod
Oakdale Vet Centre Owned
by		 Donations to the
Ltd trustee
C		 charity 67834
Nicholas