2024-12-31-accounts

Second Chance Animal Rescue

Trustees Annual Report and Annual Accounts For the year ended 31[st] December 2024

Second Chance Animal Rescue

For the year ended 31[st] December 2024

Contents

3. Reference and Administrative Information

4. Trustees Annual Report

6. Financial Review and Accounting Policies

9. Income & Expenditure

10. Assets & Liabilities

11. Notes to the Accounts

12. Statement of Financial Activities

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Second Chance Animal Rescue For the year ended 31[st] December 2024

Reference and Administrative Information

Charity Name: Second Chance Animal Rescue Also known as: SCAR Charity Registration Number: 1160126 Registered Address: Bournwoods Stones Cross Road Crockenhill BR8 8LT Website: www.scar-crockenhill.org Email: [e-mail]

Management Committee

John Ranger Chair Susan Brady Charles Ranger Kara Lee Resigned 14/01/2024 Linda Burns

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Trustees Report January 2024 – December 2024

The trustees are pleased to present their annual report for the year ended 31[st] December 2024. The financial statements comply with the Charities Act 2011, Companies Act 2006, Accounting and Reporting by Charities; Statement of Recommended Practice (Sorp 2015) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1"January 2015).

Objectives of the Charity

Second Chance Animal Rescue (CIO governed by Constitution) is a public benefit entity which aims to rescue, rehabilitate and rehome animals that have been abandoned, neglected or abused. We aim to relieve the suffering of animals in need by providing appropriate care, protection, treatment and security.

We are committed to raising awareness of animal welfare in general and the prevention of cruelty and suffering among animals through working with the public. We also support the therapeutic value of involvement with animals by encouraging volunteering, particularly for members of the community with physical and mental disabilities or who are socially isolated.

Main Activities of the Charity

To rescue, rehabilitate and rehome animals suffering from abuse or neglect. If animals cannot be rehomed they are provided a home at the rescue for the remainder of their natural lives.

To take part in external events such as fetes and school/uniform groups activities, to raise awareness of animal welfare to members of the public.

To provide volunteering opportunities to a diverse range of people, providing experience of working with animals and the opportunity to be part of the team.

Achievements and Performance

This year has brought both new challenges and proud achievements for our charity. The continuing cost of living crisis has affected everyone, and like many organisations, we’ve felt the impact of rising costs across all areas of our work. Despite these pressures, our commitment to rescuing, caring for, and rehoming animals remains unwavering.

Over the past year, we’ve worked hard to improve our rehoming processes, helping us to find forever homes more quickly and ensure we recover more of our costs. These changes have not only increased the efficiency of our operations but also allowed us to help more animals in need find the loving homes they deserve.

A major highlight once again was our Santa’s Grotto, which proved to be another huge success. The event continues to grow each year, both in raising vital funds and increasing

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awareness of our work. Although it takes a tremendous amount of planning and effort, the excitement and community support it brings make it all worthwhile. We plan to work hard to ensure that the Grotto will continue as an annual event for years to come.

We were also fortunate to receive generous donations from a local supporter who has long valued our work. They expressed a wish to make a meaningful contribution during their lifetime recognising the challenges we face in raising funds to ensure our sustainability. These generous gifts resulted in a significant increase in income compared to previous years and we are deeply grateful for the support. The funds have been used to enable us to renovate our cattery, making the space far more suitable, safe, and comfortable for our cats. The improvements include the creation of new mother and baby pens, allowing us to help even more cats in need of care and protection. This development has been a true milestone for us, and we are deeply grateful to everyone who made it possible.

While we celebrate these successes, we also recognise the ongoing difficulties faced by many charities like ours. The rising cost of living continues to stretch our resources, and recruiting new volunteers has become increasingly challenging. This has placed additional pressure on our small team of dedicated trustees, leaving less time to focus on diversifying our fundraising. Nevertheless, we remain determined to broaden our income streams and ensure the long-term sustainability of our work.

None of what we do would be possible without the incredible dedication of our volunteers, who give their time, skills, and compassion to support the animals in our care. We are equally thankful to all our supporters—those who donate, send essential supplies, attend our events, or support us in countless other ways. Your generosity and encouragement sustain us every day and make a real difference in the lives of the animals we help.

As we look ahead, our focus will remain on:

1. Continuing to improve rehoming and operational processes, ensuring every animal has the best chance of finding a loving home.

2. Strengthening and diversifying our fundraising efforts, securing the financial resilience needed to carry our mission forward.

This year has not been without its challenges, but thanks to our community’s continued kindness and support, we have achieved so much to be proud of. Together, we will keep working to give every animal a second chance and a safe place to call home.

Governance

New trustees are appointed through either an application process or through invitation to join the board based on skills and experience. They are inducted through a buddying system with existing trustees. The charity is run solely by volunteers and employs no paid staff. At present the trustees are responsible for decisions and day to day management.

The trustees are confident that they have complied with their duty to have due regard to the commission's public benefit guidance when exercising any powers or duties to which the guidance is relevant.

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Notes Forming Part of the Financial Statement

Accounting Policies

The principal accounting policies are summarised below. The accounting policies have been applied consistently through the year and in the preceding year.

Basis of accounting

These accounts 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 accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011.

Fund accounting

• Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

• Designated funds are unrestricted funds earmarked by the Trustees for particular purposes – the charity has no designated funds in this period.

• Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal – the charity has no designated funds in this period.

Incoming resources

All incoming resources are included in the statement of financial activities when the charity is entitled to, or virtually certain to receive, the income and the amount can be quantified with reasonable accuracy. The following policies are applied to particular categories of income:

• Voluntary income is received by way of grants, donations and gifts and is included in full in the Financial Statements when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity are recognised when the charity becomes unconditionally entitled to the grant.

• Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts.

• Any tax recoverable from Gift Aid income is reflected in the accounts in the year in which it is received.

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Resources expended

• Expenditure is recognised on a cash basis.

• Costs of generating funds comprise the costs associated with attracting voluntary income.

• Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities. It includes costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

• Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the Independent Review fees linked to the strategic management of the charity.

Statement of Cash Flow

As Second Chance Animal Rescue is not considered a larger charity a Statement of Cash Flow is not required.

Fixed assets

Fixed assets are stated at cost less accumulated depreciation. The costs of minor additions or those costing below £100 are not capitalised. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life, which in all cases is estimated at 4 years. Impairment reviews are carried out as and when evidence comes to light that the recoverable amount of a functional asset is below its net book value due to damage, obsolescence, or other relevant factors.

Reserves

Second Chance Animal Rescue requires an appropriate level of funds in reserve to:

• ensure that the trustees are able to provide services currently available to animals in need and local people for a minimum of three months into the future should funding become unavailable.

• ensure that Second Chance Animal Rescue is able to survive unexpected setbacks such as short-terms funding issues or problems from internal or external causes.

• provide financial stability to pro-actively respond to changes in levels of demand.

Trustees recognise that although six months reserves would usually be adequate to ensure financial security, due to the current economic challenges and likely impact it will have on demand and income generation, it will seek to maintain at least three months reserves with the view to increasing this in future years.

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Based on predicted expenditure for the coming year it is estimated that it would currently cost £30,098 - £60,196 to operate services for that period. Our total reserves at 31[st] December 2024 stood at £120,393.

John Ranger John Ranger Chairman on behalf of Chairman on behalf of Board of Trustees Board of Trustees Second Second Chance Animal Rescue Chance Animal Rescue

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Second Chance Animal Rescue Income & Expenditure for the year ending 31[st] December 2024

	2024	2023
	£	£
REVENUE	206,476	87,738
Expenses	(113,896)	(105,627)
	_	_
NET (LOSS) / INCOME BEFORE INTEREST	92,696	(17,889)
Interest Received & Other Income	116	94
	__	__
NET (LOSS) / INCOME BEFORE TAXATION	92,812	(17,795)
Taxaton	0	0
	__	__
NET (LOSS) / INCOME FOR THE PERIOD	92,812	(17,795)
	=======	=======

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Second Chance Animal Rescue Assets & Liabilities As at 31[st] December 2024

	Notes	2024	2023
		£	£
FIXED ASSETS
Land & Buildings	1	0	0
Tangible Assets	1	6,867	8,636
		__	__
		6,867	8,636
CURRENT ASSETS
Cash and cash equivalents		113,526	19,061
		__	__
		113,526	19,061
CREDITORS – Amounts Falling		0	0
Due Within One Year
		__	__
NET CURRENT ASSETS / (LIABILITIES)		113,526	19,061
		__	__
TOTAL ASSETS LESS CURRENT LIABILITES		120,393	27,697
PROVISIONS FOR LIABILTIES		0	0
		_	_
NET ASSETS		120,393	27,697
		=======	=======
RESERVES
Brought forward		27,697	45,492
Result for the period		92,696	(17,795)
		__	__
TOTAL RESERVES		120,393	27,697
		========	========

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Notes to the Accounts

1. TANGIBLE FIXED ASSETS

		Land &
		Buildings	Equipment	Total
		£	£	£
	COST
	As at 31.12.23	2,000	23,818	25,818
	Additons	0	1,208	1,208
	Disposals	(0)	(0)	(0)
		__	__	__
	At 31.12.24	2,000	25,026	27,026
		__	__	__
	DEPRECIATION
	As at 31.12.23	2,000	15,182	17,182
	Charge for Year	0	2,977	2,977
	Disposals	(0)	(0)	(0)
		__	__	__
	At 31.12.24	2,000	18,159	20,159
		__	__	__
	NET BOOK VALUE
	At 31.12.24	0	6,867	6,867
	At 31.12.23	0	8,636	8,636
		========	========	========
2.	RECONCILIATION OF MOVEMENT IN RESERVES
			Income
			Account
				Total
			£	£
	As at 31.12.23		27,697	27,697
	Net Gain for the period		92,696	92,696
			__	__
	As at 31.12.24		120,393	120,393
			=======	=======

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Statement of Financial Activities

		2024		2023
	£	£	£	£
REVENUE
Voluntary Income	188,825		63,829
Rehoming Donatons	3,582		8,787
Livery	8,100		7,210
Donatons from Trusts	2,666		4,280
Earned Income	3,303		3,632
Bank Interest Received	116		94
		__		__
TOTAL INCOME		206,592		87,832
EXPENDITURE
Animal Feed	4,877		1,399
Bank/Donaton Charges	798		1,088
Hay & Straw	25,730		28,847
Insurance	2,481		2,327
Telephone	193		120
Printng, Post & Statonary	92		130
Motor Expenses	6,299		9,711
IT costs	669		400
Vet & Medical Expenses	5,744		7,702
General Animal Expenses	5,333		2,659
Fundraising Expenses	1,450		947
Small Tools	40		136
Sundry Expenses	379		1,768
Depreciaton	2,977		3,675
Building Supplies/Maintenance	13,049		2,718
Rent	43,785		42,000
	___		___
		113,896		105,627
		__		__
NET SURPLUS		92,696		(17,795)
		=======		=======

The charity holds no designated or restricted funds in this accounting period

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Year ending 31[st] December 2024

I report on the accounts for the year ended 31 December 2024 set out on pages 9 to 12 which have been prepared in accordance with the Charities Act 2011 (the Charities Act).

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act and that an independent examination is needed. I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination it is my responsibility to:

• examine the accounts under section 145 of the Charities Act,

• follow the applicable Directions given by the Charity Commission (under section 145(5) (b) of the Charities Act, and

• state whether particular matters have come to my attention

Basis of independent examiner’s 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 and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that, in any material respect:

• the accounting records were not kept in accordance with section 130 of the Charities Act; or

• the accounts did not accord with the accounting records; or

• the accounts did 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.

Paul Barker, FCCA 154 Widmore Road Bromley, Kent BR1 3BP Date: 28/10/25

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