**Charity Number: 1159571** 

## **THE HUMANE EDUCATION SOCIETY** 

Report of the Trustees and financial statements for the year ended 

31 December 2022 

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THE HUMANE EDUCATION SOCIETY 

## **CONTENTS** 

||Page|
|---|---|
|Trustees and Advisers|2|
|Trustees’ Report|3|
|Independent Examiner’s Report|9|
|Statement of Financial Activities|10|
|Balance Sheet|11|
|Statement of Cash Flows|12|
|Notes to the Accounts|13|
|Revenue Account|19|
|Expenditure Account|20|



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THE HUMANE EDUCATION SOCIETY 

**TRUSTEES AND ADVISERS TRUSTEES** Mr C Barton Mrs C Brown Mrs A Brenninkmeijer Dr C Reed Mrs E Van der Zeil **CHARITY NUMBER** 1159571 **REGISTERED OFFICE** The Animal Sanctuary Newgate Wilmslow Cheshire SK9 5LN **BANKERS** NatWest plc 4 Grove Street Wilmslow Cheshire SK9 1EJ **FINANCIAL ADVISER** Justin Heap Swiftsure Wealth Management 1, Church Hill Knutsford Cheshire WA16 6DH Paul Gold Head of Private Clients Swiftsure Wealth Management 1, Church Hill Knutsford Cheshire WA16 6DH **INDEPENDENT EXAMINER** Mr A Pannell ACA CTA 8, Arlington Crescent Wilmslow Cheshire SK9 6BJ 

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THE HUMANE EDUCATION SOCIETY 

## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022** 

## **INTRODUCTION** 

The Trustees of the Humane Education Society present their annual report for the year ended 31[st] December 2022 under the Charities Act 2011, together with the financial statements for the year. The financial statements comply with the Charities Act 2011; the charity’s governing document, 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[st] January 2015). 

## **STRUCTURE, GOVERNANCE AND ADMINISTRATION** 

The charity is a Charitable Incorporated Organisation (CIO) with a constitution, and was registered with the Charities Commission in December 2014. 

The Board of Trustees is responsible for the day to day governance and administration of the CIO. Decisions regarding rehoming and animal welfare are delegated to the staff except when significant veterinary fees are involved. Then the trustees will deliberate with the staff on the best way forward. 

The Board of Trustees is responsible for the appointment of new trustees. New trustees will only be appointed after due consideration is given to their eligibility, personal competence and skills. New trustees, when appointed, are inducted into the working of the CIO by the existing trustees. 

The Annual General Meeting of the charity was held on Wednesday 12[th] October 2022, and at this meeting Mrs Alexandra Brenninkmeijer and Mrs Carole Brown were re-elected to the Board of Trustees. 

The Trustees have identified the major risks to which the CIO is exposed and have put procedures in place to manage those risks. 

## **OBJECTIVES AND ACTIVITIES** 

The objectives of the CIO are: 

1. to promote the education of young people and adults in the humane principles and right treatment of all living creatures; and 

2. to promote humane behaviour towards animals by taking into its animal sanctuary animals that need care and attention due to sickness, maltreatment or poor circumstances, and treating and caring for them until they can be found homes. 

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THE HUMANE EDUCATION SOCIETY 

## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 (continued)** 

The CIO achieves these objectives by organising educational talks and visits to/from schools and groups, by providing volunteering opportunities, by offering work placements for secondary school pupils, college and university students, and by effectively running the Wilmslow Animal Sanctuary. Donations, legacies and grants received, together with the fundraising activities of the volunteers, provide the necessary funds for these activities. 

## **FINANCIAL REVIEW** 

A summary of the year’s results can be found on page 11 of this document. 

## **Income** 

During 2022 income from charitable activities was £265,661 compared to £195,177 in 2021. The increase was primarily due to higher legacy income, and also some increase in donations. 

During 2022 we returned to running our popular on-site fundraising events, although with rather mixed results. The morning of the Fun Day dawned cold and wet, and a quick decision was made to move the whole event into the recently refurbished horse barn. Despite publishing the new, warm, dry venue on social media, the rain affected the number of visitors and the event only made £1,400, our lowest profit ever. In contrast the Afternoon Tea event was almost too hot! It was well attended and raised almost £2,000. The last two events were the Barn sale and Gilbert’s Christmas Shop, raising over £1,200 and £1,100, respectively. Sales on eBay continued to be lucrative bringing in over £8,700 thanks to the tireless efforts of the Sanctuary’s small eBay team. 

We would like to thank all those who remembered us in their wills, in particular: Alison Ashworth (£81,000) and Elizabeth Bonner (£20,000) 

## **Expenditure** 

Total expenditure in 2022 was £230,310 compared to £200,755 in 2021. The increased expenditure was primarily due to higher animal care and staff salary costs. 

## **ACHIEVEMENTS** 

Throughout 2022 the Trustees held regular meetings to manage the affairs of the CIO and to develop strategies for moving it forward. Major achievements of 2022 included: 

1. Development of a five-year strategic plan for the Sanctuary, 

2. Refurbishment of the horse barn, 

3. Continuing to provide high standards of animal care and to rehome animals brought into the Sanctuary. 

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THE HUMANE EDUCATION SOCIETY 

## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 (continued)** 

## 1. Strategic Plan 2022-2025 

In 2017 the Trustees published their strategic plan for 2018-2020, outlining their plans for the development and improvement of the Animal Sanctuary. The corona virus pandemic resulted in significant delays in the programme of works; the final part was completed in the spring of 2022. During this period the horse paddocks were refenced, an additional field shelter was built by the Monday men, and water installed in the fields. The barn was reclad and reroofed with the installation of skylights to improve lighting, and water was provided in all the stables. The pig paddocks were reorganised, and new fencing installed together with hard standing and new arcs. A major project was the extension and reorganisation of the office block to create a fitfor-purpose administrative area, including a kitchen and toilets, and the Lin Dutton room which can be used for educational visits and events. A small toilet block for visitors was built alongside a wooden gazebo with seating. Finally, a beautiful memorial garden was designed and planted during this time. 

The Humane Education Society (HES) continues to enjoy a level of financial security that allows the Trustees to plan for further improvements to the infrastructure of the Animal Sanctuary, whilst bearing in mind that sufficient reserves must be kept, and invested, to ensure that HES continues to flourish and to serve the local animals and community. Wherever possible grants will be sought to carry out these improvements, but the Trustees are aware that funding may be difficult to obtain due to the extent of current reserves. 

## 2023 

The most urgent upgrade to the Sanctuary is to the Cat Barn. The roof at the far end of the cat corridor has been leaking for some time and as a result some of the far pens are no longer suitable for housing animals. Furthermore, the windows are old, single glazed and in many cases do not open, and the walls and roof are not insulated. The staff accommodation is also in need of reorganisation as there is nowhere that food can be prepared that is not accessible to the site animals. During 2023 the Trustees plan to: 

- Reroof the Cat Barn and install skylights in the cat corridor to improve the lighting in that area. The new roof will be fully insulated. 

- Reclad the Cat Barn, installing insulation between the old walls and the new, and replace all the windows with double glazed UPVC ones. 

- Create a new kitchen area in the room currently used for storing medication etc. 

## 2023-2024 

The Trustees have had concerns regarding the high energy consumption incurred in running the Sanctuary for some time, and the rising costs of energy have meant that these need to be addressed sooner rather than later. The refurbishment of the Cat Barn should result in significant energy savings as it will be lighter and warmer. Many of the other buildings also require heating in winter as they are wooden, uninsulated and with single glazed windows. However, the poor condition of some of these buildings means that more than a simple refurbishment is required. During 2023 and 2024 the Trustees intend to: 

- Explore the possibility of installing solar panels at the Sanctuary. It is unlikely that all the Sanctuary’s electricity needs can be met by solar panels, but if the Trustees consider that the benefit will be sufficient to justify the initial outlay, solar panels will be installed. 

- Start planning a major overhaul of the animal accommodation in the compound, namely the Rabbit Ranch, Isolation, and the Hen Barn. As discussed above these buildings are not energy efficient and some are in poor repair. Furthermore, the regular outbreaks of avian flu mean that the chicken and duck housing need to be rethought. 

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THE HUMANE EDUCATION SOCIETY 

## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 (continued)** 

## 2024-2025 

The accommodation in the compound has been developed in a rather haphazard manner over the last 20 years. This phase of the Strategic Plan will see: 

- Creation of accommodation for fowls that includes a permanent, covered and enclosed, grass space for the birds to use during outbreaks of avian flu. 

- Warm, well-ventilated accommodation for rabbits including outside runs. 

- A new facility for small animals. 

- An improved area for isolation of new cats. 

Space in the compound will be maximised, the new buildings will be as energy efficient as is affordable and will include appropriate storage areas. 

This is an ambitious but exciting programme of work. Expert advice will be sought for each project and at least two quotes will be obtained for each part of the work. Costs will be kept to the minimum required to achieve a high standard of work. 

## 2. Refurbishment of the Horse Barn 

During 2021 ambitious plans for the refurbishment of the horse barn were drawn up and these were executed during 2022. All the rotten wood on the sides of the barn was replaced with dark green box profile metal sheeting with Perspex windows at the top, the wooden doors at the front were replaced with box metal sheeting incorporating large, high wooden gates and the back was replaced with box metal sheeting incorporating large gates so that the horses can easily access the back paddock. The old asbestos roof was removed and a new metal one with substantial skylights installed. The concrete floor was replaced, and a central drainage channel included so that the horses can be washed down in the barn. One of the stables was extended so that Holland, our largest horse, can now lie down in his stable should he wish to do so. The horse barn is now a light and functional space that is a pleasure for the horses to live, and the staff to work, in. An added bonus is that it makes a great space for fundraising events should the British weather live up to its reputation! 

## 3. Animal Care and Rehoming 

Rehoming figures for 2022 are shown below: 

|Animal|Admitted|Returned|Rehomed|
|---|---|---|---|
|Cat/Kitten|199|6|127|
|Rabbit|11||5|
|Guinea Pig|3||5|
|Equine|0||0|
|Other|4||4|



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THE HUMANE EDUCATION SOCIETY 

## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 (continued)** 

The number of rehomed animals was slightly higher than previous years, possibly due to there no longer being any COVID restrictions. However, pairs of cats are becoming increasingly difficult to rehome. Seven rabbits were abandoned at the Sanctuary gate, luckily we were able to find homes for many of these as our rabbit accommodation is limited. We lost two site cats during 2022, Ralf and Josie, and also one of our ponies, Mindy. 

## **STATEMENT OF TRUSTEES RESPONSIBILITIES** 

Charity law requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of its financial activities for the period together with its assets and liabilities at the end of the period, and to adequately distinguish any material special trust or other restricted funds of the charity. In preparing these financial statements the Trustees are required to: 

- a) Select suitable accounting policies and apply them consistently 

- b) Make judgements and estimates that are reasonable and prudent 

- c) State whether the policies adopted are in accordance with the appropriate SORP on Accounting by Charities and the Accounting Regulations and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements, and 

- d) Prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue in business. 

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity. 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. 

On behalf of the Trustees: 

Colin Barton (Chair of Trustees) 

Date 

……………………………. 

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THE HUMANE EDUCATION SOCIETY 

## **INDEPENDENT REVIEWER’S REPORT FOR THE YEAR ENDED 31 DECEMBER 2022** 

I report on the accounts for the year ended 31 December 2022, which are set out on pages 10 to 20. 

## **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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. 

It is my responsibility to: 

- examine the accounts under section 145 of the 2011 Act; 

- follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act); and 

- state whether particular matters have come to my attention. 

## **BASIS OF INDEPENDENT EXAMINER’S REPORT** 

My examination was carried out in accordance with the 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 you as 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’ and the report is limited to those matters set out in the statement below. 

## **INDEPENDENT EXAMINER’S STATEMENT** 

In connection with my examination, no matter has come to my attention: 

- (1) Which gives me reasonable cause to believe that in any material respect the requirements: 

- to keep accounting records in accordance with section 130 of the 2011 Act; and 

- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act 

have not been met; or 

- (2) To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Mr A Pannell ACA CTA ………………………….. 

Date 

………………………….. 

**STATEMENT OF FINANCIAL ACTIVITIES** 

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THE HUMANE EDUCATION SOCIETY 

## **FOR THE YEAR ENDED 31 DECEMBER 2022** 

|||
|---|---|
||**Unrestricted/**<br>**Unrestricted/**|
|**Notes**|**Total Funds**<br>**Total Funds**|
||**2022**<br>**2021**|
||**£**<br>**£**|
|**Income from**||
|Donations and legacies :||
|<br>Legacies|103,373<br>58,494|
|<br>Subscriptions and donations|160,268<br>136,136|
|||
|Investments (bank interest)|2,020<br>547|
|||
|**Total Income**|265,661<br>195,177|
|||
|**Expenditure on :**||
|<br>Charitable Activities<br>**2**|230,310<br>200,755|
|||
|**Total Expenditure**|230,310<br>200,755|
|||
|**Net Income/(expenditure) on charitable**<br>**activities**|35,351<br>(5,578)|
|||
|Net gains (losses) on Portfolio Investment<br>**5**|(58,347)<br>38,699|
|<br>Investment compensation<br>**5.1**|0<br>78,326|
|||
|**Total Net Income/(expenditure) for the year**|(22,996)<br>111,447|
|||
|**Reconciliation of Funds**||
|||
|Total funds Brought forward|1,227,967<br>1,116,520|
|||
|**Total Funds Carried Forward**|1,204,971<br>1,227,967|
|||



The notes on pages 13 - 18 form part of these financial statements 

**BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2022** 

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||||||
|---|---|---|---|---|
|**Not**<br>**es**|**2022**||**2021**||
||**£**|**£**|**£**|**£**|
|**Fixed Assets**|||||
||||||
|Tangible Assets<br>**4**||296,563||185,289|
||||||
|Investments<br>**5**||370,926||429,273|
||||||
|**Total Fixed Assets**||667,489||614,562|
||||||
||||||
|Debtors<br>**6**|25,956||181,994||
||||||
|Cash at bank and in hand|520,752||439,319||
||||||
|**Total current Assets**|546,708||621,313||
||||||
|Creditors|||||
|amounts falling due within one year<br>**7**|(9,226)||(7,908)||
||||||
|**Net Current Assets**||537,482||613,405|
||||||
|**Total Net Assets**||1,204,971||1,227,967|
||||||
|**The Funds of the Charity**|||||
|Unrestricted Funds<br>**9**||1,204,971||1,227,967|
||||||
||||||
|The notes on pages 13 - 18 form part of these financial statements|||||




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## **STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2022** 

||||
|---|---|---|
|**Notes**|**2022**|**2021**|
||**£**|**£**|
||||
|**Cash flows from operating activities:**|||
|**Net cash provided by operating activities**<br>**10**|217,354|(77,419)|
||||
|**Cash flows from Investing Activities**|||
|<br>Interest Income|2,020|547|
|Purchase of Tangible Fixed Assets|(137,941)|(6,177)|
||||
|**Net Cash used in investing activities**|(135,921)|(5,630)|
||||
|**Cash flows from financing activities**|||
||||
|**Change in cash and cash equivalents**|81,433|(83,049)|
|<br>**in the reporting period**|||
|<br>**Cash and cash equivalents at the**|439,319|522,368|
|<br>**beginning of the reporting period**|||
||||
|**Cash and cash equivalents at the**<br>**11**|520,752|439,319|
|**end of the reporting period**|||
||||
||||
||||
||||
||||
||||
|**Approved on behalf of the Trustees**|||
||||
||||
||||
||||
||||
|…………………………………………<br>………|……………………|……………|
|**C Barton - Trustee**<br>**C Reed - Trustee**|||
||||



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**…………………………………………** ………………………………………… **Date Date NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022 1.  ACCOUNTING POLICIES 1.1 Basis of preparation and assessment of going concern** The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. 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 2015) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. 

The charity constitutes a Public Benefit Entity as defined by FRS 102. 

The financial statements have been prepared on the basis that this CIO (charity 1159571) and charity 207513 have always been part of the same reporting entity. Therefore, the assets and liabilities of charity 207513 (£200 cash at the bank) have been included in the balance sheet. 

The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern. There are no significant areas of judgements and key assumptions that affect items in the accounts except for depreciation which is detailed in note 1.8. 

## **1.2 Income** 

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the items of income have been met, it is probable that the income will be received and the amount can be measured reliably 

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material. 

Income is only deferred when the criterion for income recognition has not been met, and occurs in the following circumstances: 

- The donor specifies that the grant or donation must only be used in future accounting periods; or 

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THE HUMANE EDUCATION SOCIETY 

- The donor has imposed conditions, which must be met before the charity has unconditional entitlement. 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022** 

## **1.3 Investment income** 

Interest on funds 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 bank. 

## **1.4 Volunteers** 

In accordance with FRS 102 and the Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the accounts. Further details of the contribution made by volunteers can be found in the Trustees’ Annual Report. 

## **1.5 Expenditure** 

Expenditure is included on an accrual basis and 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. 

## **1.6 Fund accounting** 

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the Trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity. 

## **1.7 Irrecoverable VAT** 

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

## **1.8 Depreciation** 

Depreciation has been provided on tangible assets to write off their cost less estimated residual value over their expected useful economic lives as follows: 

Land Not depreciated Buildings 10% written down value Motor vehicles 25% written down value Animal welfare equipment 10% of the original cost Furniture and office equipment 25% of the original cost 

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## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022** 

## **1.9 DEBTORS** 

Sundry debtors are recognised at the settlement amount. Prepayments are valued at the net amount 

prepaid. 

## **1.10 CREDITORS** 

Creditors and provisions are recognised where the charity has a present obligation resulting from a 

past event that will probably result in the transfer 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. 

## **2.CHARITABLE ACTIVITIES** 

|**Animal Sanctuary expenses :**<br>Feeding and care of horses and other<br>animals<br>Blacksmith and veterinary fees<br>Salaries and NIC<br>Motor vehicle and travelling expenses<br>Rent, rates and water<br>Heating and lighting<br>Telephone<br>Insurance<br>Printing, postage and stationery<br>Bank and streamline charges<br>Advertising (fundraising)<br>Repairs and renewals<br>Sundry expenses<br>Depreciation<br>Loss on disposal of fxed assets<br>Accounting and other professional fees|31 Dec<br>2022<br>13,518<br>37,107<br>117,137<br>2,408<br>1,209<br>8,931<br>834<br>3,297<br>912<br>84<br>4,590<br>11,272<br>1,196<br>26,667<br>0<br>1,148<br>£230,310|31 Dec<br>2021<br>11,618<br>26,347<br>102,455<br>2,638<br>881<br>8,609<br>219<br>3,007<br>1,826<br>125<br>7,336<br>5,499<br>1,900<br>26,294<br>0<br>2,001|
|---|---|---|
|||£200,755|



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## **3. STAFF COSTS** 

|**3. STAFF COSTS**|||
|---|---|---|
|Salaries<br>National Insurance<br>Employer's pension contribution|110,537<br>4,364<br>2,236<br>£117,137|97,413<br>3,057<br>1,985|
|||£102,455|



The average headcount of employees during the year was 5 (2021: 5) 

The Trustees received no remuneration during the year (2021 : £0) and did not receive any expenses 

during the year (2021: £0) 

No employee earned in excess of £60,000 in the current or previous year. 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022** 

## **4. FIXED ASSETS** 

|**Cost**<br>At 1 January 2022<br>Additions<br>Disposals<br>At 31 December<br>2022<br>**Depreciation**<br>At 1 January 2022<br>Charge in year<br>Disposals<br>At 31 December<br>2022<br>**Net Book Value**|**Sanctuary**<br>**Buildings**<br>**Motor**<br>**Vehicles**<br>**Animal**<br>**Welfare**<br>**Equipmen**<br>**t**<br>**Fixtures &**<br>**Fittings**<br>**Total**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>434,582<br>37,170<br>30,491<br>33,923<br>536,166<br>137,354<br>-<br>-<br>587<br>137,941<br>-<br>-<br>-<br>-<br>-|
|---|---|
||571,936<br>37,170<br>30,491<br>34,510<br>674,107|
||286,459<br>30,334<br>10,672<br>23,412<br>350,877<br>18,246<br>1,709<br>3,049<br>3,663<br>26,667<br>-<br>-<br>-<br>-<br>-<br>304,705<br>32,043<br>13,721<br>27,075<br>377,544|
|||



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THE HUMANE EDUCATION SOCIETY 

|At 31 December<br>2022<br>At 31 December<br>2021|267,231<br>5,127<br>16,770<br>7,435<br>296,563|
|---|---|
||148,123<br>6,836<br>19,819<br>10,511<br>**185,289**|



## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022** 

## **5. INVESTMENT ASSETS** 

The charity holds an investment through Rowan Dartington investment advisers. This investment is valued at market value at 31 December 2021 in the Balance Sheet. Gains or losses in its value for the year are included in the SOFA. 

5.1 Compensation was awarded for not following the investment wishes of the Trustees of the charity. This was taken as cash and not reinvested. 

||**2022**|**2021**|
|---|---|---|
|**6. DEBTORS**|||
|Prepayments and accrued income|23,533|180,617|
|Other debtors|2,423|1,377|
||––––––––|––––––––|
||£25,956|£181,994|
||––––––––|––––––––|
|**7. CREDITORS: Amounts falling due within one year**|||
|Trade creditors|5,315|7,086|
|Accruals and deferred income|3,911|822|
||–––––––|–––––––|
||£9,226|£7,908|
||––––––––|––––––––|



## **8. RELATED PARTY TRANSACTIONS** 

Aggregate donations by the trustees to the charity: 

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**2022 2021** £17,468 £23,306 

There are no outstanding balances with related parties as at 31 December 2022 (2021: £nil). 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022** 

## **9. ANALYSIS OF FUNDS** 

||**Funds 1**||**Expenditur**|**Investmen**|**Funds 31**|
|---|---|---|---|---|---|
||**Jan**|**Income**|**e**|**t**|**Dec**|
||**2022**|||**Gain**|**2022**|
||**£**|**£**|**£**|**£**|**£**|
|Unrestricted funds|1,227,967|265,661|230,310|-58,347|1,204,971|



The total net assets are allocated to the unrestricted fund, as there are no other fund types. 

## **10. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES** 

|Net movement in funds<br>**Adjustments for :**<br>Depreciation charge<br>Loss on disposal of<br>assets<br>(Gain)/loss in Valuation of Investment<br>Interest Income<br>(Increase)/decrease in Debtors<br>Increase/(decrease) in Creditors<br>**Net Cash provided by operating activities**|**2022**<br>**2021**<br>**£**<br>**£**<br>(22,996)<br>111,447<br>26,667<br>26,294<br>0<br>0<br>58,347<br>(38,699)<br>(2,020)<br>(547)<br>156,038<br>(176,493)<br>1,318<br>579|
|---|---|
||217,354<br>(77,419)|



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THE HUMANE EDUCATION SOCIETY 

## **11. ANALYSIS OF CASH AND CASH EQUIVALENTS** 

|Cash in hand<br>**Total cash and cash equivalents**|**2022**<br>**2021**<br>**£**<br>**£**<br>520,752<br>439,319|
|---|---|
||520,752<br>439,319|



The following pages do not form part of the statutory financial statements 

## **REVENUE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022** 

|**Income**<br>Legacies received/receivable<br>Subscriptions and donations<br>Interest on bank deposit accounts<br>**Deduct Expenditure**<br>(see separate schedule)<br>**Excess of Income over Expenditure for the year**<br>Change in value of portfolio investment<br>Investment compensation<br>**Net Income/(expenditure) for the year**|**2022**<br>**£**<br>103,373<br>160,268<br>2,020<br>265,661<br>230,310<br>35,351<br>(58,347)<br>0<br>(22,996)<br>)|**2021**<br>**£**<br>58,494<br>136,136<br>547|
|---|---|---|
|||195,177<br>200,755|
|||(5,578)|
|||38,699<br>78,326|
|||111,447<br>7|



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THE HUMANE EDUCATION SOCIETY 

## **This page does not form part of the statutory financial statements** 

## **EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022** 

|**EXPENDITURE**<br>Animal Sanctuary Expenses<br>Feeding and care of horses and small animals<br>Blacksmith and veterinary fees<br>Wages, salaries and Social Security contributions<br>Motor vehicle and travelling expenses<br>Rent, rates and water<br>Heating and lighting<br>Telephone<br>Insurance<br>Printing, postage and stationery<br>Sundry expenses<br>Advertising (fundraising)<br>Repairs and renewals<br>Bank and Streamline Charges<br>Professional fees<br>-Accountancy<br>-Taxation, payroll & bookkeeping<br>-Other professional fees<br>Depreciation<br>-Buildings<br>-Motor vehicles & trailers<br>-Animal welfare equipment<br>-Furniture & office  equipment|**2022**<br>**2022**<br>**£**<br>**£**<br>13,518<br>37,107<br>117,137<br>167,762<br>2,408<br>1,209<br>8,931<br>834<br>3,297<br>912<br>1,196<br>4,590<br>11,272<br>34,649<br>84<br>1,089<br>59<br>1,232<br>18,246<br>1,709<br>3,049<br>3,663|**2021**<br>**2021**<br>**£**<br>**£**<br>11,618<br>26,347<br>102,455|
|---|---|---|
|||140,420<br>2,638<br>881<br>8,609<br>219<br>3,007<br>1,826<br>1,900<br>7,336<br>5,499|
|||31,915<br>125<br>992<br>1,009|
|||2,126<br>16,458<br>2,279<br>3,049<br>4,508|



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-Loss on disposal of Fixed Assets 

|-Loss on disposal of Fixed Assets|||
|---|---|---|
|**Total Expenditure**|26,667<br>230,310|26,294|
|||200,755|



## **This page does not form part of the statutory financial statements** 

Approved on behalf of the Trustees 

……………………………….. ……………………………….. C Barton - Trustee C Reed - Trustee ………………………………. ……………………………….. Date Date 

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