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2022-03-31-accounts

8 Below Husky Rescue Report and Financial Statements Year ended: 31st March 2022 Registered Charity No: 1156670

Reference and administrative information

Trustees

Timothy John Wicks, Chair of Trustees Nicola Suzanne Atkinson Jade Hayley Brightmore Lorraine Robson

Principle Office

23 Brackendale Road, Wakefield, West Yorkshire. WF2 8WA.

Correspondence Address

24 Deakins Court, Mansfield, NG18 2FD

Charity Number: 1156670

Independent Examiners

Premier Tax Solutions Ltd

Trent House, 234 Victoria Road, Stoke on Trent, ST4 2LW

Report of the trustees for the year ended 31[st ] March 2022

The trustees present their annual report and financial statements of the charity for the year ended 31[st ] March 2022. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's constitution & the Charities Act 2011 and the statement of recommended Practice: Accounting and Reporting by Charities.

Structure, governance and management

8 Below Husky Rescue is an unincorporated association registered Charity, number 1156670, was constituted 10[th ] February 2014 and established on 14[th ] April 2014. Prior to this date we ran as a rescue for a year. When we recognised how successful both re-homing rates and donated income from supporters had become, the next step was to register with the Charity Commission in England and Wales. It would allow us to be seen as a registered charity, which would open up more avenues for us such as apply for grants and funding and eventually gift aid on donations. We also felt that with the transparency required from charity status and the appointment it would put people at ease more when it comes to fundraising and donations as being a standard rescue with no charity status has no official governance.

New trustees are appointed by the current trustee board based on their commitment to the charity. Trustees will continually serve unless either party decide to terminate their position for the good of the charity. The constitution requires the charity to run on a minimum of 3 trustees. We currently have four with Timothy Wicks having the deciding vote if required. There are no plans to increase our board of trustees in the coming financial year.

All trustees give their time freely and no trustee remuneration was paid during the year. Details of trustee expenses and related party transactions are disclosed in note 2 to the accounts. Trustees are required to disclose all relevant interests and register them with the Chairman.

Risk Management

The Trustees actively review any major risks which the Charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks faced by the Charity and confirm that they have established systems to mitigate the most significant risks.

Objectives and activities for the public benefit

The objects of the Charity are to promote humane behaviour towards animals and sled dog breeds by providing education to orders and potential owners, to prevent neglect and suffering to animals. The Charity also provides security, protection and care appropriate for such dogs which need care and attention by reasons of sickness, maltreatment, poor circumstances and ill usage. The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities.

The Charity carries out these objects by:

Grants Received

During this financial year no Grants were received.

Achievements and Performance

2021-2022 was another hard year for the rescue, with the covid-19 pandemic continuing to impact the rescue both financially and with the number of dogs needing out help.

We had to cancel one of our largest fundraisers Leeds Camp and Open Day 2021 based on the - these government guidelines so our "covid fundraising" ideas to help raise vital funds included the online fund raising of auctions and raffles, virtual challenges and regular online dog shows.

We continued to carry out our home-check's virtually, insisting that a home video walk through was supplied and ensuring all questions usually asked at the in-person visit were incorporated into our updated and improved online enquiry form, then with a live virtual home check to review the suitability of applicants. This continues to work well and will continue with the video for the applications.

We predicted that the number of dogs during late 2021-2022 and beyond would see significant increases, with current levels of dogs needing our help quadrupling from pre-covid levels. Many arriving needing medical treatment, parasite treatments, microchipping and spay/neutering.

Our online store sales have increased, which brings additional revenue to our rescue. We plan to add more items in the coming year to our online store.

We are now successfully signed up to the Fundraising Regulator and have received confirmation that we are now officially Gift Aid eligible with HMRC.

Financial review

The principal funding sources are general donations, sponsorship of specific dogs in care, donations received from adopters when the dogs are rehomed, income generated from fundraising events and income generated from the sale of merchandise.

Merchandise sales account for about 11% of our total income. This is not yet substantial but has grown rapidly from previous years. It is possible in the future; a trading subsidiary of the Charity may be needed.

During 2021-2022 our expenditure increased in line with the number of dogs needing our help, along with the reduced fundraising opportunities with event, this has reduced out reserves policy. We are working on ways to increase the reserve policy back to the level needed.

Longer term the Charity would like to obtain grant funding for specific projects and establish a relationship with longer term sponsors.

All funds are used to further the goals and objectives of our Charity and help as many dogs as we are able.

Reserves policy

During the year it has been the intention that all funds generated are expended in accordance with the objectives of the Charity. However, the Charity realises that they must build back up the equivalent of 4 months operating costs into reserves. This would act as a buffer if there was a drop in income or allow the orderly winding down of the Charity if required.

Future Plans

Our aims for next year are:

Trustees' responsibilities in relation to the financial statements

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with the applicable law and United Kingdom Accounting Standards. The law applicable to charities in England and Wales requires the trustee(s) to prepare the financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and enable them to ascertain to ensure that the financial statements comply with the Charities Act 2011 and the provisions of the governing document. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website.

Approved by the trustees on ________ and signed on their behalf by:

T Wicks

Chairman

Independent Examiner's report on the accounts

Respective responsibilities of trustees and examiner

The Charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 and that an independent examination is needed. It is my responsibility to:

Basis of independent examiners statement

My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view.

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

Premier Tax Solutions

31/01/2023

Date

Premier Tax Solutions Limited

Trent House 234 Victoria Road Stoke-on-Trent ST4 2LW

8 Below Husky Rescue Statement of Income and Expenses For the year ended 31st March 2022

Income
Donations
Merchandise Soles
Capitol Grant Amortisation
Revenue Grant Income
Direct costs
Veterinar fees
Emergenc boarding
Other direct costs
Fundroising Activities
Wages
Tronsportotion costs
Gross Surplus
Other Administrative expenses
Website costs
Bonk fees
Sundry expenses
Printing,postoge ond stationer
Telephone
Advertising
Accountancy
Insurance
Depreciation
Net Surplus/Deficit
Reconciiation of funds
Toto/ funds brought forward
Surplus/Deficit in the period
Toto/ funds carried forward
2022
Unrestricted Funds
£
£
80,895
21,895
102,790
8,944
18,093
10,492
38,395
8,103
23,133
107,161
-4,371
5,417
794
3,534
4,473
3,138
109
1,640
990
100
20,195
-24,566
40,805
-24,566
16,239
2022
Restricted Funds
£
2,875
2,875
0
2,875
4,755
4,755
-1,880
-5,640
-1,880
-7,520
2022
Tota/funds
£
80,895
21,895
2,875
0
105,665
8,944
18,093
10,492
38,395
8,103
23,133
107,161
-1,496
5,417
794
3,534
4,473
3,138
109
1,640
990
4,855
24,950
-26,446
35,165
-26,446
8,719
2021
Total Funds
138,534
18,025
2,875
7,000
166,434
14,263
12,319
54,278
11,757
7,721
17,157
117,495
48,939
2,893
811
2,177
5,375
2,198
0
4,820
770
4,855
4,755
23,899
25,040
10,125
25,040
35,165

8 Below Husky Rescue Statement of Financial Position As at 31st March 2022

2022 2022 2021
£ £ £
Fixed Assets
Van-NU15 WY 19,020 19,020
Depreciation 19,020 14,265
0 4,755
Computer -Apple Macbook 400 400
Depreciation 400 300
0 100
Current Assets
Cash at bank and in hand 8,719 33,185
Net current assets 8,719 33,185
Current Liabilities
Total Assets Less Current Liabilities 8,719 33,185
Non-Current Liability
Capital Grant 11,500 11,500
Amortisation 11,500 8,625
0 2,875
NET ASSETS 8,719 35,165
Capital Account
Unrestricted funds 16,239 40,805
Restricted funds -7,520 -5,640
Balance carried forward 8,719 35,165
_Approved by the trustees on ______ and signed on their behalf by:

TWicks Chairman

Notes to the accounts

1. Accounting Policies

a) Basis of Preparation

The financial statements have been prepared under the historic cost convention, with the exception that investments are included at market value. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities and applicable UK Accounting Standards and the Charities Act 2011.

2. Trustees' Remuneration

One Trustee is also an employee of the Charity with remuneration of £7,721 (£8,355:2020}.

The Charities Commission has been consulted on this matter and have confirmed they have no objection to the employment.

All other Trustees received no remuneration (Nil: 2020).