**Charity number: 1155562**
## **LAPA (HELPING ANIMALS IN RUSSIA)**
**Unaudited**
**Trustees' report and financial statements**
**for the year ended 31 December 2020**
**LAPA (HELPING ANIMALS IN RUSSIA)**
## **Contents**
||Page|
|---|---|
|**Reference and administrative details of the charity, its Trustees and advisers**|1|
|**Trustees' report**|2 - 5|
|**Independent examiner's report**|6|
|**Statement of financial activities**|7|
|**Balance sheet**|8|
|**Notes to the financial statements**|9 - 16|
**LAPA (HELPING ANIMALS IN RUSSIA)**
## **Reference and administrative details of the charity, its Trustees and advisers for the year ended 31 December 2020**
|**Trustees**|Ms Natalia Chumak, Trustee|
|---|---|
||Mr Simon John Moore, Trustee|
|**Charity registered**
**number**
1155562
**Principal office**
Old Cobblers
Smiths Lane Crockham Hill
Edenbridge
TN8 6RH
**Trustees**
Ms Natalia Chumak
Mr Simon John Moore
Ms Carla Brown
**Accountants**
Kreston Reeves LLP
Chartered Accountants
2nd Floor
168 Shoreditch High Street
London
E1 6RA
**Bankers**
Barclays Bank PLC
1 Churchill Place
London
E14 5HP||
Page 1
## **LAPA (HELPING ANIMALS IN RUSSIA)**
## **Trustees' report for the year ended 31 December 2020**
The Trustees present their annual report together with the financial statements of the LAPA (HELPING ANIMALS IN RUSSIA) for the 1 January 2020 to 31 December 2020.
## Constitution
LAPA (Helping Animals in Russia) was registered by the Charity Commision on 2 April 2014 (Registered No: 155562). It was previously an unincoporated entity. LAPA (Helping Animals in Russia) is governed by a trust deed dated 18 November 2013 as amended by deed dated 10 January 2014. The trustees have all the powers of a beneficial owner, pursuant to Part II of the Trustee Act 2000. The principle object of the company is to provide help to animals in Russia. The management of the charity is the responsibility of the Trustee who elected and co-opted under the terms of the Trust deed.
## Trustees
The trustees serving during the year and since the year end were as follows:
Natalia Chumak Simon John Moore Carla Brown
The power to appoint new trustees is vested with the current trustees in accordance with the trust deed. A quorum of two trustees is required, with appointment effected by a simple majority.
The trustees are reponsible for the management of the charity.
Since the charity qualifies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Director's Report) Regulations 2013 is not required.
## **Objectives and activities**
## **a. Policies and objectives**
1. To promote humane behaviour towards animals in Russia, particularly but not exclusively cats and dogs by providing or assisting in the provision of appropriate care, protection, treatement. neutering and security for animals which are in need of care and attention by reason of sickness, maltreatment, poor circumstances, overpopulation or ill usage;
2. To educate the public in Russia in matters pertaining to animal welfare in general and the prevention of cruelty and suffering among animals, particularly but not exclusively cats and dogs.
Page 2
## **LAPA (HELPING ANIMALS IN RUSSIA)**
**Trustees' report (continued) for the year ended 31 December 2020**
## **Objectives and activities (continued)**
## **b. Review of progress and achievements**
## **Introduction**
## **Review of progress and achievements**
1. This was the seventh tax year for LAPA since our formation in February 2013 and it was a busy year.
2. We achieved further growth in our supporters' base primarily due to our Rehoming Programme which helped with increasing fundraising opportunities.
3. These achievements reflect the objectives we set for ourselves at the end of last financial year.
## **Income**
4. Our annual income was £113,858. This represents a significant increase compared to 2019 (£68,695 in 2019) due to the growth of individual donations and adoption donations.
## **Expenditure**
5. Our annual expenditure (project running costs) was £120,284 compared to £93,841 (last year’s Statement to the Trustees incorrectly stated the expenditure figure of £92,962 which was project related costs and did not include administrative costs). This significant increase is primarily attributed to a substantial increase in the scope and therefore cost of the Rehoming Programme (see below).
6. This year we also incurred capital expenditure in the amount of £56,771. We bought a van – VW Crafter LWB – and had it fitted out by the leading UK van conversion company (trading as Wet Pets) which specialises in van conversions for pet transportation. The van was fitted out to the highest animal welfare standards and subsequently received certification from UK Logistics, which is appointed by DEFRA for the purpose of certifying animal transport in the UK. The purpose of acquiring and fitting out the van was to make our Rehoming Programme more independent of third party providers and to raise the animal welfare standards for transporting our animals from Russia to the UK. The funds spent on the purchase and the fit out of the van came from our reserves.
## **Our results**
## **Shelter Support programme**
7. We continued supporting our partner shelter in Tula region by paying for food and medication. Throughout the year we had on average between 80 – 100 dogs and cats in our care at any one time who are spread between our partner shelter in the Tula region and our foster homes in the Moscow region. This means we pay for dog and cat food including prescription food for some animals and we pay boarding costs at our professional Russian foster home which is run by a dog trainer. We also pay for everything that our shelter and foster homes need on an ongoing basis – cleaning and related products, crates, pet carriers, cat litter, fuel for trips to the vet etc.
8. We also paid for the construction and repair of kennels and winter dog houses (known as budka in Russian) in our partner shelter, which are installed inside the kennels for additional warmth and insulation during the winter season. We also paid for the purchase of hay which is used for bedding inside the kennels and for the insulation of the kennels.
## **Veterinary help programme**
9. Our dogs and cats need veterinary checks and tests once rescued. They need vaccinations and some need treatment when rescued or later in life. We pay for all veterinary help that they need.
10. This year we paid for the vaccination of 105 animals (cats and dogs), for anti-parasite treatment (worms, fleas and ticks) of 130 animals (cats and dogs).
Page 3
## **LAPA (HELPING ANIMALS IN RUSSIA)**
## **Trustees' report (continued) for the year ended 31 December 2020**
## **Objectives and activities (continued)**
11. We paid for the veterinary treatment of 45 animals = 26 dogs + 19 cats. The health issues we dealt with ranged widely from some lethal infections (such as parvo virus and distemper) to injuries, traumas, tumour, heart and kidney problems. Some problems were minor and localised and some were serious and extensive. Out of the 45 animals treated 2 died (kittens dying of distemper), 3 were put to sleep based on veterinary advice and our own observations and analysis (cats Bobby, Kuzya and Masyana).
## **Sterilisation programme:**
12. We paid for the neutering of 564 animals (compared to 485 animals in 2019 financial year) = 274 dogs (225 female and 49 male) + 290 cats (245 female + 45 male)
## **Educational programme**
13. We conducted 537 lesson (compared to 730 lessons in 2019 financial year) and reached out to 8,953 children (compared to 14,001 children in 2019 financial year). The lessons were conducted in 62 educational platforms including 15 kinder gardens, 5 libraries, 38 schools and 1 university, several care homes. Of 62 platforms 27 were new to us. Geography – Moscow and Moscow region, Tula region, Nizhniy Novgorod, Romania and Siberia.
## **Rehoming in the UK programme**
14. We rehomed 103 animals – 102 dogs and 1 cat. This programme is aimed at bringing to the UK animals who have no chance of finding a good home in Russia. Apart from creating individual happy-end stories, our programme allows us to free up space in our partner shelters, so that they can rescue and accommodate new animals. Also, the programme allows us to raise our profile in the UK (and in Russia) and increase our audience and fundraising opportunities.
## **The effect of COVID pandemic on LAPA**
15. The COVID pandemic greatly affected charity work and LAPA was no exception.
16. First, we had a number of difficulties in transporting animals during the lockdown but we managed to overcome them.
17. Second, fundraising got harder and we had to find creative ways to maintain our fundraising streams.
18. Third, more animals got abandoned in Russia which led to increased levels of rescue work and an increase in the number of animals at our shelter.
19. Fourth, our Educational Programme went through a very challenging time due to quarantine rules at schools and other educational platforms. Given the Educational Programme was funded by Dogs Trust, which had strict performance requirements, we engaged in a constructive dialogue with Dogs Trust in order to set realistic objectives and then worked hard in order to meet them so that the funding was maintained. This was successfully achieved.
20. Fifth, on the positive side, our Rehoming Programme was very successful as there was a great demand for adopting a pet. We had to navigate very carefully through the adoption applications we received to filter out those which were driven by short-term goals (due to temporary isolation and remote working arrangements).
## **What's next?**
21. Next year brings a lot of uncertainties – the situation with the COVID pandemic is unresolved and Brexit comes into full effect from the 1st of January 2021. It is difficult, therefore, to set clear performance objectives. Our primary focus will be on working hard to adapt to the changes which are about to take place whilst maintaining our commitments.
Page 4
## **LAPA (HELPING ANIMALS IN RUSSIA)**
**Trustees' report (continued) for the year ended 31 December 2020**
## **Objectives and activities (continued)**
## **Achievements and performance**
## **Financial review**
## **a. Going concern**
Note 2 to the accounts states that the charity's income is heavily reliant on donations from supporters. It follows that should the level of these donations decrease significantly the resources available to the trust and hence its ability to pursue its objectives, might be severely limited.
The trustees believe that the risk that such a withdrawal of support might put the charity's solvency at risk is mitigated by the charity's lack of committed grant obligation and very low fixed costs. Accordingly the trustees have a reasonable expectation that the trust will be able to continue in existence for the foreseeable future and consider it appropriate to adopt the going concern basis in preparing these accounts.
## Covid-19
In light of Covid-19, the ensuing pandemic has caused the world economy to fall into recesssion. Given the yearend fell before the implications of Covid-19 could be seen on the economy, there is no impact in this years accounts. However, moving forward, there is a risk that the donations could drop over the next 12 months. As it stands, there is still sufficient capital in order to meet the objectives and the accounts can still be prepared on the going concern basis.
## **b. Reserves policy**
The General fund represents the unrestricted funds arising from past operating results. It also represents the free reserves of the charity. The trustees are satisfied that the £73,181 surplus on the fund is sufficient to cover governance costs and the ongoing operation of the trust.
## **c. Grants policy**
All grants are approved by the trustees.
## **Structure, governance and management**
## **a. Constitution**
LAPA (HELPING ANIMALS IN RUSSIA) is a registered charity, number 1155562, and is constituted under a Trust deed.
## **b. Methods of appointment or election of Trustees**
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
Approved by order of the members of the board of Trustees on and signed on their behalf by:
Page 5
## **LAPA (HELPING ANIMALS IN RUSSIA)**
## **Independent examiner's report**
## **for the year ended 31 December 2020**
## **Independent examiner's report to the Trustees of LAPA (HELPING ANIMALS IN RUSSIA) ('the charity')**
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 December 2020.
## **Responsibilities and basis of report**
As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Your attention is drawn to the fact that the charity has prepared the accounts 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
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 that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
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. My work has been undertaken so that I might state to the charity'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 charity and the charity's Trustees as a body, for my work or for this report.
Signed:
Dated:
Kaushik Ondhia FCCA
Kreston Reeves LLP 2nd Floor 168 Shoreditch High Street London, E1 6RA
Page 6
## **LAPA (HELPING ANIMALS IN RUSSIA)**
## **Statement of financial activities for the year ended 31 December 2020**
|**Note**
**Income from:**
Donations and legacies
2
Investments
3
**Total income**
**Expenditure on:**
Charitable activities
5
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2020**
**£**
**113,806**
**52**
**113,858**
**122,298**
**122,298**
**(8,440)**
**81,621**
**(8,440)**
**73,181**|**Total**
**funds**
**2020**
**£**
**113,806**
**52**
**113,858**
**122,298**
**122,298**
**(8,440)**
**81,621**
**(8,440)**
**73,181**|Total
funds
2019
£
68,516
179
68,695
93,841
93,841
(25,146)
106,767
(25,146)
81,621|
|---|---|---|---|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 9 to 16 form part of these financial statements.
Page 7
## **LAPA (HELPING ANIMALS IN RUSSIA)**
## **Balance sheet as at 31 December 2020**
|**Note**
Tangible assets
9
**Current assets**
Cash at bank and in hand
**Total net assets**
**Charity funds**
Restricted funds
11
Unrestricted funds
11
**Total funds**|**16,410**
**16,410**||**2020**
**£**
**56,771**
**56,771**
**73,181**
**-**
**73,181**
**73,181**|81,621
81,621||2019
£
-|
|---|---|---|---|---|---|---|
|||||||-|
|||||||81,621|
|||||||-
81,621|
||||||||
|||||||81,621|
The financial statements were approved and authorised for issue by the Trustees on and signed on their behalf by:
The notes on pages 9 to 16 form part of these financial statements.
Page 8
**LAPA (HELPING ANIMALS IN RUSSIA)**
**Notes to the financial statements for the year ended 31 December 2020**
## **1. Accounting policies**
## **1.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
LAPA (HELPING ANIMALS IN RUSSIA) 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.
## **1.2 Going concern**
The Trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity to continue as a going concern. The Trustees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements and have concluded that the Charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the Charity's ability to continue as a going concern, thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Whilst the impact of the COVID-19 pandemic has been assessed by the Trustees, so far as is reasonably possible, due to its unprecedented impact on the worldwide economy it is difficult to evaluate with any certainty the potential outcomes on the Charity's future activities. However, taking into consideration the Charity's level of reserves, the Trustees believe that the Charity will be able to continue in operational existence for the foreseeable future.
Page 9
**LAPA (HELPING ANIMALS IN RUSSIA)**
**Notes to the financial statements for the year ended 31 December 2020**
## **1. Accounting policies (continued)**
## **1.3 Income**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the charity, can be reliably measured.
Where the donated good is a fixed asset, it is measured at fair value, unless it is impractical to measure this reliably, in which case the cost of the item to the donor should be used. The gain is recognised as income from donations and a corresponding amount is included in the appropriate fixed asset class and depreciated over the useful economic life in accordance with the charity's accounting policies.
On receipt, donated professional services and facilities are recognised on the basis of the value of the gift to the charity which is the amount it would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
## **1.4 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
Page 10
**LAPA (HELPING ANIMALS IN RUSSIA)**
**Notes to the financial statements for the year ended 31 December 2020**
## **1. Accounting policies (continued)**
## **1.5 Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
## **1.6 Tangible fixed assets and depreciation**
Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
Motor vehicles - 7 years
## **1.7 Cash at bank and in hand**
Cash at bank and 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.
## **1.8 Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **1.9 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Investment income, gains and losses are allocated to the appropriate fund.
## **2. Income from donations and legacies**
|Donations
**Total 2020**|**Unrestricted**
**funds**
**2020**
**£**
113,806
113,806||**Total**
**funds**
**2020**
**£**
**113,806**
**113,806**||Total
funds
2019
£
68,516|
|---|---|---|---|---|---|
||||||68,516|
Page 11
**LAPA (HELPING ANIMALS IN RUSSIA)**
## **Notes to the financial statements for the year ended 31 December 2020**
## **3. Investment income**
|Interest Received
**Total 2020**
**4.**
**Analysis of grants**
Grants
**Total 2020**
**5.**
**Analysis of expenditure on charitable activities**
**Summary by fund type**
Russia Projects
UK Projects
Support Costs
Grants
**Total 2020**|**Unrestricted**
**funds**
**2020**
**£**
52
52
**Grants to**
**Institutions**
**2020**
**£**
-
-
**Unrestricted**
**funds**
**2020**
**£**
37,730
82,554
2,014
-
122,298||**Total**
**funds**
**2020**
**£**
**52**
**52**
**Total**
**funds**
**2020**
**£**
**-**
**-**
**Total**
**funds**
**2020**
**£**
**37,730**
**82,554**
**2,014**
**-**
**122,298**||Total
funds
2019
£
179|
|---|---|---|---|---|---|
||||||179|
||||||Total
funds
2019
£
6,600|
||||||6,600|
||||||Total
funds
2019
£
63,569
29,293
879
100|
||||||93,841|
Page 12
**LAPA (HELPING ANIMALS IN RUSSIA)**
## **Notes to the financial statements for the year ended 31 December 2020**
## **6. Analysis of expenditure by activities**
|Russia Projects
UK Projects
Support Costs
Grants
**Total 2020**||**Activities**
**undertaken**
**directly**
**2020**
**£**
37,730
82,554
-
-
120,284||**Grant**
**funding of**
**activities**
**2020**
**£**
-
-
-
-
-||**Support**
**costs**
**2020**
**£**
-
-
2,014
-
2,014||**Total**
**funds**
**2020**
**£**
**37,730**
**82,554**
**2,014**
**-**
**122,298**||Total
funds
2019
£
63,569
29,293
879
100|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||93,841|
## **Analysis of direct costs**
|Sterilisation and Veterinary Assistance
Education
Shelter Support
Rehoming
Adoption Programme
RAY Russia
**Total 2020**
**Analysis of support costs**||**Russia**
**Projects**
**2020**
**£**
-
-
-
-
-
37,730
37,730|**UK Projects**
**2020**
**£**
15,904
180
12,254
6,604
47,612
-
82,554||**Total**
**funds**
**2020**
**£**
**15,904**
**180**
**12,254**
**6,604**
**47,612**
**37,730**
**120,284**||Total
funds
2019
£
4,266
2,254
5,569
4,316
12,888
63,569|
|---|---|---|---|---|---|---|---|
||||||||92,862|
|||||||||
|Marketing and Website
Admin Costs
Motor Running Costs
**Total 2020**||**Support**
**Costs**
**2020**
**£**
1,177
263
574
2,014||**Total**
**funds**
**2020**
**£**
**1,177**
**263**
**574**
**2,014**||Total
funds
2019
£
552
327
-|
|---|---|---|---|---|---|---|
|||||||879|
## **7. Independent examiner's remuneration**
The independent examiner's remuneration amounts to an independent examiner fee of £ - (2019 - £ -).
Page 13
**LAPA (HELPING ANIMALS IN RUSSIA)**
## **Notes to the financial statements for the year ended 31 December 2020**
## **8. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits (2019 - £NIL).
During the year ended 31 December 2020, no Trustee expenses have been incurred (2019 - £NIL).
## **9. Tangible fixed assets**
|**Cost or valuation**
Additions
At 31 December 2020
**Net book value**
At 31 December 2020
At 31 December 2019||**Motor**
**vehicles**
**£**
**56,771**|
|---|---|---|
|||**56,771**|
|||**56,771**|
|||-|
## **10. Financial instruments**
||**2020**|2019|
|---|---|---|
||**£**|£|
|**Financial assets**|||
|Financial assets measured at fair value through income and expenditure|**16,410**|81,621|
Page 14
**LAPA (HELPING ANIMALS IN RUSSIA)**
## **Notes to the financial statements for the year ended 31 December 2020**
## **11. Statement of funds**
## **Statement of funds - current year**
|**Balance at 1**
**January**
**2020**
**£**
**Unrestricted funds**
General Funds - all funds
**81,621**
**Statement of funds - prior year**
Balance at
1 January
2019
£
**Unrestricted funds**
General Funds - all funds
106,767
Unallocated amounts
-
106,767|**Income**
**£**
**Expenditure**
**£**
**113,858**
**(122,298)**
Income
£
Expenditure
£
68,695
(95,841)
-
2,000
68,695
(93,841)|**Balance at**
**31**
**December**
**2020**
**£**
**73,181**|
|---|---|---|
|||Balance at
31
December
2019
£
79,621
2,000|
|||81,621|
## **12. Analysis of net assets between funds Analysis of net assets between funds - current period**
|Tangible fixed assets
Current assets
**Total**|**Unrestricted**
**funds**
**2020**
**£**
56,771
16,410
73,181||**Total**
**funds**
**2020**
**£**
**56,771**
**16,410**|
|---|---|---|---|
||||**73,181**|
Page 15
## **LAPA (HELPING ANIMALS IN RUSSIA)**
**Notes to the financial statements for the year ended 31 December 2020**
**12. Analysis of net assets between funds (continued)**
**Analysis of net assets between funds - prior period**
|Current assets
**Total**||Unrestricted
funds
2019
£
81,621
81,621||Total
funds
2019
£
81,621|
|---|---|---|---|---|
|||||81,621|
Page 16