2022-12-31-accounts - Dachshund Rescue CIO

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Reference and Administrative	Reference and Administrative
Trustees' Report		2 to 5
Statement ofTrustees'	Responsibilities
Independent Auditor's	Report	7tog
Statement of Financial	Activities	10
Balance Sheet
Cash flow Statement		12
Notes to the Accounts		13to 19

Chairperson	Chairperson		L M Hall
Trustees			G E Salisbury
			C Russell
			L M Hall
			C Hughson (Resigned		1 January 2023)
			K Saywell
			S Kray (appointed J Paxton (appointed	12September 2022) 12September 2022)
Principal	Office		Whin Hill
			I ending Lane
			Newport
			HU15 2QD
Charity	Registration	Number	1159602
Statutory	Auditor		Brown Butler
			Leigh House
			28-32 St Paul's Street
			Leeds
			LS1 2JT
Bankers			Lloyds Bank
			Street Branch
			PO Box1000
			BX1 1LT
Solicitors			Gunner Cooke
			10-12East Parade
			Leeds
			LS1 2BH

cial Review
	2022f	2021 E
Overall income Includes legacies of: Expenditure Net (loss)/gain on investments Net movement in funds Funds carried forward	1,662,424 1,485,708 346,166 (73,755) 1,242,503 2,020,614	171,724 99,155 265,356 20,448 (73,184) 778,111

					(Unaudited)
				2022	2021
				Unrestricted	Unrestricted
				funds	funds
			Note	6	6
Income:
Donations and legacies Charitable activities Investment income				1,521,548 132,654 8,222	119,653 48,253 3,818
Total income				1,662,424	171,724
Expenditure:
Raising funds Charitable activities Administration and	governance	costs		(1,706) (304,577) (39,883)	(2,246) (252,210) (10,900)
Total expenditure				(346,166)	(265,356)
Net income/(expenditure)				1,316,258	(93,632)
Other recognised gains and losses
Net (loss)/gain on investments				(73,755)	20,448
Net movement in funds				1,242,503	(73,184)
Total funds brought	forward			778,111	851,295
Total funds carried	forward			2,020,614	778,111

							(Unaudited)
					2022		2021
				Note
Fixed assets
Tangible fixed assets Investments				9 10		895,614 3	627,615
						895,617	627,615
Current assets
Debtors Cash at bank and		in	hand	11	253,365 899,208		10,640 143,883
					1,152,573		154,523
Creditors: Amounts			falling due within
one year				12	(27,576)		(4,027)
Net current assets					1,124,997		150,496
Net assets					2,020,614		778,111
Funds ofthe	Charity
Unrestricted	funds			13	2,020,614		778,111
Total funds					2,020,614		778,111

			(Unaudited)
		2022	2021
Cash flows from operating activities
Net income/(expenditure) Adjustments for:		1,316,258	(93,632)
Depreciation oftangible assets Dividends received (Increase)/decrease in trade and other debtors Increase/(decrease) in trade and other creditors		2,700 (8,222) (242,725) 23,549	(3,818) 44,416 (569)
Net cash used in operating activities		1,091,560	(53,603)
Cash flows from investing activities
Purchase ofinvestments Proceeds from sale of investments Dividends received Purchase oftangible assets Purchase ofsubsidiary undertaking		(34,274) 588,134 8,222 (898,314) (3)	(607,167) 3,818
Net cash used in investing activities		(336,235)	(603,349)
Net increase/(decrease) in cash and cash	equivalents	755,325	(656,952)
Cash and cash equivalents at the beginning	ofyear	143,883	800,835
Cash and cash equivalents at the end ofyear		899,208	143,883

ncome fro	m donations and legacies
		Unrestricted	Unrestricted
		funds	funds
		2022	2021
		6	8
Donations Legacies Gift aid	from individuals	31,304 1,485,708 4,536	13,090 99,155 7,408
		1,521,548	119,653

			Unrestricted	Unrestricted
			funds	funds
			2022	2021
Adoption Trading	fees income;		128,182	44,475
Insurance commissions received Local fundraising and street collection income			4,472	2,362 1,416
			132,654	48,253
Investment		income
			Unrestricted	Unrestricted
			funds	funds
			2022	2021
			8
Dividends		received	8,222	3,818

4	Investment income Dividends received

								Support
							Direct	costs	Total	Total
							costs	(note 6)	2022	2021
							6	5
Raising funds
Investment		management			costs		1,706		1,706	2,246
							1,706		1,706	2,246
Charitable		activities
Educational			sponsorship		and	fees	79,972		79,972	99,250
Veterinary		costs					149,334	3,487	152,821	130,873
Training	and		rehabilitation				17,397	3,487	20,884	11,242
Boarding,		rehoming		and	fostering costs		29,979	20,921	50,900	10,845
							276,682	27,895	304,577	252,210
Administration			and governance			costs	4,602	35,281	39,883	10,900
							282,990	63,176	346,166	265,356

Support costs
	Administration
	and governance	Charitable
	costs	activities	Total
	6		5
Printing, postage and stationery Travel and subsistence		1,105 19,544	1,105 19,544
Telephone Legalfees Auditor's remuneration	15,980	7,246	7,246 15,980
—audit ofthe financial statements	6,500		6,500
—accountancy services	4,725		4,725
Computer expenses Repairs and maintenance	1,453 3,436		1,453 3,436
Light and heat	485		485
Bank charges	2		2
Depreciation	2,700		2,700
	35,281	27,895	63,176

Tangible fixed assets
	Freehold	Plant and
	property	machinery	Total
			F
Cost
Additions	887,914	10,400	898,314
At 31 December 2022	887,914	10,400	898,314
Depreciation
Charge for the year	2,440	260	2,700
At 31 December 2022	2,440	260	2,700
Net book value
At 31 December 2022	885,474	10,140	895,614

Cost
Additions
At 31 December 2022
Carrying amount
At 31 December 2022

Subsidiary	undertaking	Description of holding	Proportion of holding	Principal	activity
Dachshund	Rescue At The Elms Limited	Ordinary shares	100'IG	Boarding	ofanimals

Valuation
At 1 January 2022 Additions Revaluation Disposals	627,615 34,274 (73,755) (588,134)
At 31 December 2022
Net book value
At 31 December 2022
At 31 December 2021	627,615

Debtors
				2022	2021
Other debtors Prepayments	and	accrued	income	12,606 240,757	3,250 7,390
				253,365	10,640
Creditors: amounts		falling due within one year
				2022	2021
					E
Trade creditors Amounts owed Accruals	by	subsidiary	undertaking	17,112 1,464 9,000	1,627 2,400
				27,576	4,027

Reference and Administrative	Reference and Administrative
Trustees' Report		2 to 5
Statement ofTrustees'	Responsibilities
Independent Auditor's	Report	7tog
Statement of Financial	Activities	10
Balance Sheet
Cash flow Statement		12
Notes to the Accounts		13to 19

Chairperson	Chairperson		L M Hall
Trustees			G E Salisbury
			C Russell
			L M Hall
			C Hughson (Resigned		1 January 2023)
			K Saywell
			S Kray (appointed J Paxton (appointed	12September 2022) 12September 2022)
Principal	Office		Whin Hill
			I ending Lane
			Newport
			HU15 2QD
Charity	Registration	Number	1159602
Statutory	Auditor		Brown Butler
			Leigh House
			28-32 St Paul's Street
			Leeds
			LS1 2JT
Bankers			Lloyds Bank
			Street Branch
			PO Box1000
			BX1 1LT
Solicitors			Gunner Cooke
			10-12East Parade
			Leeds
			LS1 2BH

cial Review
	2022f	2021 E
Overall income Includes legacies of: Expenditure Net (loss)/gain on investments Net movement in funds Funds carried forward	1,662,424 1,485,708 346,166 (73,755) 1,242,503 2,020,614	171,724 99,155 265,356 20,448 (73,184) 778,111

					(Unaudited)
				2022	2021
				Unrestricted	Unrestricted
				funds	funds
			Note	6	6
Income:
Donations and legacies Charitable activities Investment income				1,521,548 132,654 8,222	119,653 48,253 3,818
Total income				1,662,424	171,724
Expenditure:
Raising funds Charitable activities Administration and	governance	costs		(1,706) (304,577) (39,883)	(2,246) (252,210) (10,900)
Total expenditure				(346,166)	(265,356)
Net income/(expenditure)				1,316,258	(93,632)
Other recognised gains and losses
Net (loss)/gain on investments				(73,755)	20,448
Net movement in funds				1,242,503	(73,184)
Total funds brought	forward			778,111	851,295
Total funds carried	forward			2,020,614	778,111

							(Unaudited)
					2022		2021
				Note
Fixed assets
Tangible fixed assets Investments				9 10		895,614 3	627,615
						895,617	627,615
Current assets
Debtors Cash at bank and		in	hand	11	253,365 899,208		10,640 143,883
					1,152,573		154,523
Creditors: Amounts			falling due within
one year				12	(27,576)		(4,027)
Net current assets					1,124,997		150,496
Net assets					2,020,614		778,111
Funds ofthe	Charity
Unrestricted	funds			13	2,020,614		778,111
Total funds					2,020,614		778,111

			(Unaudited)
		2022	2021
Cash flows from operating activities
Net income/(expenditure) Adjustments for:		1,316,258	(93,632)
Depreciation oftangible assets Dividends received (Increase)/decrease in trade and other debtors Increase/(decrease) in trade and other creditors		2,700 (8,222) (242,725) 23,549	(3,818) 44,416 (569)
Net cash used in operating activities		1,091,560	(53,603)
Cash flows from investing activities
Purchase ofinvestments Proceeds from sale of investments Dividends received Purchase oftangible assets Purchase ofsubsidiary undertaking		(34,274) 588,134 8,222 (898,314) (3)	(607,167) 3,818
Net cash used in investing activities		(336,235)	(603,349)
Net increase/(decrease) in cash and cash	equivalents	755,325	(656,952)
Cash and cash equivalents at the beginning	ofyear	143,883	800,835
Cash and cash equivalents at the end ofyear		899,208	143,883

ncome fro	m donations and legacies
		Unrestricted	Unrestricted
		funds	funds
		2022	2021
		6	8
Donations Legacies Gift aid	from individuals	31,304 1,485,708 4,536	13,090 99,155 7,408
		1,521,548	119,653

			Unrestricted	Unrestricted
			funds	funds
			2022	2021
Adoption Trading	fees income;		128,182	44,475
Insurance commissions received Local fundraising and street collection income			4,472	2,362 1,416
			132,654	48,253
Investment		income
			Unrestricted	Unrestricted
			funds	funds
			2022	2021
			8
Dividends		received	8,222	3,818

4	Investment income Dividends received

								Support
							Direct	costs	Total	Total
							costs	(note 6)	2022	2021
							6	5
Raising funds
Investment		management			costs		1,706		1,706	2,246
							1,706		1,706	2,246
Charitable		activities
Educational			sponsorship		and	fees	79,972		79,972	99,250
Veterinary		costs					149,334	3,487	152,821	130,873
Training	and		rehabilitation				17,397	3,487	20,884	11,242
Boarding,		rehoming		and	fostering costs		29,979	20,921	50,900	10,845
							276,682	27,895	304,577	252,210
Administration			and governance			costs	4,602	35,281	39,883	10,900
							282,990	63,176	346,166	265,356

Support costs
	Administration
	and governance	Charitable
	costs	activities	Total
	6		5
Printing, postage and stationery Travel and subsistence		1,105 19,544	1,105 19,544
Telephone Legalfees Auditor's remuneration	15,980	7,246	7,246 15,980
—audit ofthe financial statements	6,500		6,500
—accountancy services	4,725		4,725
Computer expenses Repairs and maintenance	1,453 3,436		1,453 3,436
Light and heat	485		485
Bank charges	2		2
Depreciation	2,700		2,700
	35,281	27,895	63,176

Tangible fixed assets
	Freehold	Plant and
	property	machinery	Total
			F
Cost
Additions	887,914	10,400	898,314
At 31 December 2022	887,914	10,400	898,314
Depreciation
Charge for the year	2,440	260	2,700
At 31 December 2022	2,440	260	2,700
Net book value
At 31 December 2022	885,474	10,140	895,614

Cost
Additions
At 31 December 2022
Carrying amount
At 31 December 2022

Subsidiary	undertaking	Description of holding	Proportion of holding	Principal	activity
Dachshund	Rescue At The Elms Limited	Ordinary shares	100'IG	Boarding	ofanimals

Valuation
At 1 January 2022 Additions Revaluation Disposals	627,615 34,274 (73,755) (588,134)
At 31 December 2022
Net book value
At 31 December 2022
At 31 December 2021	627,615

Debtors
				2022	2021
Other debtors Prepayments	and	accrued	income	12,606 240,757	3,250 7,390
				253,365	10,640
Creditors: amounts		falling due within one year
				2022	2021
					E
Trade creditors Amounts owed Accruals	by	subsidiary	undertaking	17,112 1,464 9,000	1,627 2,400
				27,576	4,027

Accounting and internal control	Accounting and internal control	systems
During the course of our audit		for the period no significant deficiencies in	your accounting	and
internal controls systems were		identified other than the matter noted below.	We shall be pleased
to receive your response in due		course.
Accounting or
control weakness identified	Potential	implications and recommendations	Management response
	The ability	for one person to make payments from the
Bank payments are able to be	bank with could lead	little or no oversight from the other trustees to a misappropriation ofthe charity's funds.
made with single authorisation.	Due to the size of the charity dual authorisation may not be practical but a review by an independent trustee
	ofthe bank statements eriodicall is recommended.

Dachshund Rescue CIO V/E 31December 2022	Dachshund Rescue CIO V/E 31December 2022	Dachshund Rescue CIO V/E 31December 2022			Appendix I
Protlt reconcgiatlon
Progt per		management accounts			190,577
DR		Freehold property	894,746
CR		P&1-The Elms		894,746	894,746
Cap tollsotion ofproperty purrhoss
DR		P&L ~ Computer costs	739
CR		FA-Computereouipment		739	739
Computer		consumab les removed from fixed assam
DR		Share capital	300
CR		PE L- Interest receivable		300	300
Bank	rntarest recsrvabls mispostsd
DR		PlkL-Adoptlonleerncome	200
CR		Otherdebtors		200	200
rlelease ofodoption fee debtor
~8		P&L-Vetiees	193
CR		Prepayments		193	193
Mrsposted		Ver/sea
DR		P&L ~ Investments	67,239
CR		Investments		14,574
CR		Investment cash		52,664	67,239
Adjustment		to invssiments income and expenses
DR		Investment in subsidiary
CR		Intercompany- The Elms
Recognition		ofshares In The Elms limr red
DR		PILL-Accountancy	6,100
CR		Accruals		6,100	6,100
Audg	&accountancy accrual adjustment
DR		P&L - De prem stion	260
CR		FA ~ PikM Depreciation		260	260
Dapraoot&n ofplantS mochmsry
DR		Freehold property	3,797
CR		PE L - Legal fees		3,797	3,797
Coprtolrsa tron ofproperly lapel fess
D~		PILL- Grit std irrcome	7,391
CR		Other debtors		7,391	7,391
neve	oiof2021 gift aid provismn
DR		PILL- Adoption fees	660
CR		Deferred income		500
CR		Pledges receivable		985
DR		gad debts provision	825		660
rrods	debtor adiustments
~8		Inter company -The Elms	63
DR		P&L-VATdigerences	2,579
CR		VAT Debtor		2,414
CR		Freehold property		229	2,579
IIATDebtcr		adiristment
DR		PlkL- Depreostion
CR		Freehold property dep'n		2,440	2,440
F eehoid p		oparty depreciatron
0~		Other debtors	4,533
CR		Pg L-Ggt aid mcome		4,533	4,533
Gift aid receivobla
DR		Prepsyments	1,225
CR		P&L-Insurance		1,225	1,225
Insvrance prepayment
DR		Accrued income	235,0DD
CR		P&L - Legacy mcome		235,DDO	235,000
Accruedncnms-Legacies
~R		p&L account h/Rvd	125
CR		PlkL - Donations		125	125
Opening balance adjustment
Progt	per accounts				1,242,503