**REGISTERED COMPANY NUMBER: CE003784 (England and Wales) REGISTERED CHARITY NUMBER: 1161037**
## **REPORT OF THE TRUSTEES AND**
## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021**
## **FOR**
## **ROMANIAN RESCUE APPEAL**
P B Syddall & Co Chartered Accountants Grafton House 81 Chorley Old Road Bolton Lancashire BL1 3AJ
**ROMANIAN RESCUE APPEAL**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Independent Examiner's Report**||3||
|**Statement of Financial Activities**||4||
|**Balance Sheet**|5|to|6|
|**Notes to the Financial Statements**|7|to|11|
|**Detailed Statement of Financial Activities**||12||
**ROMANIAN RESCUE APPEAL**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2021**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 April 2021. The trustees have adopted the provisions of 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 2019).
## The charity is known by its working name of RRA.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The charity aims to promote humane behaviour towards dogs in Romania by providing appropriate care, protection, treatment and security for dogs which are in need of care and attention by reason of sickness, maltreatment, poor circumstances or ill usage. It also aims to carry out neutering campaigns to control the size of the stray population in Romania and reduce the incidence of danger to public health and risk to animals, educate the public in matters pertaining to dog welfare in general and the prevention of cruelty and suffering of dogs and work closely with private organisations and local administrations in Romania to establish policies and promote positive standards for the care of dogs.
## **Significant activities**
The charity has continued to work hard to offer safe shelter to the dogs in its care, treat any ailments and ensure vaccination against rabies and other common and deadly canine ailments thereby reducing the risk of the spread of these diseases to both humans and other animals, including wildlife.
The charity has spayed / neutered dogs in its care helping to reduce the current and future population in its shelter and in private foster in Romania.
The charity has continued to run an international animal transport service in joint venture with a Romanian Charity who have obtained all relevant licences for the transportation of live animals over long distances across Europe, to reduce costs and provide an independent source of income. During this financial year, the activity has suffered the competitive pressure exerted by an increased number of licensed transporters, some of which have applied cost-cutting measures that do not offer the same level of safety for the animal but that allow them to offer a lower fare to their clients. The Board has decided not to compromise on the quality and safety of the service offered and continues to offer the service at a reduced frequency.
The charity has continued to attract applications for the adoption of its dogs from the general public via social media, its website and third-party platforms. Unfortunately, the worsened general financial climate has impacted the affordability of pets for the general public, resulting in a decreased number of applications and adoptions post year end. The board has engaged in an exercise to review its processes to adapt to the new challenges, including the review of its headcount, structure and leadership in different functions.
The board is thankful to its volunteers and supporters, old and new, for their support, donations and positive contributions to the activities of the charity.
## **Public benefit**
Each year the trustees review the objectives and aims of the charity to ensure they continue to reflect their aims and provide public benefit. The trustees are more than satisfied that they do.
## **FINANCIAL REVIEW**
## **Principal funding sources**
The general economic climate in the UK and Romania has reflected the impact of covid-19-related lockdowns, shortages in goods and services, and fall in employment and disposable income. As a consequence, fundraising efforts have been negatively impacted and resulted in considerably smaller amounts being achieved through each source. Shortfalls between income and expenditure have been covered by generous donations from members of the Board.
RRA's principal source of funding has continued to be from public donations. The restrictions imposed in both the UK and Romania have not allowed for fundraising events to take place hence impacting the income of the charity.
As mentioned above, the international transport of dogs and cats from Romania to the UK has assisted with the charitable objectives, and contributed towards the running costs of the charity.
Gift Aid claims continue to form a vital part of funding for RRA at the current time.
Page 1
**ROMANIAN RESCUE APPEAL**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2021**
## **Reserves policy**
Ideally the trustees would like to be able to keep a reserve in the bank account of £5,000 at a moment in time, to ensure dogs safety in the event of donations / income decreasing.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The constitution was adopted on 10 June 2020.
## **Recruitment and appointment of new trustees**
Trustees are appointed or reappointed annually at the Annual General Meeting.
## **Organisational structure**
The charity is run in the UK entirely by volunteers, These volunteers and the trustees give their time freely receiving no remuneration or other benefits.
RRA is a member of a nationwide home checking group and ensures that all potential homes for the dogs are thoroughly checked prior to an adoption being accepted to ensure suitablility and the safety of both the potential adopter and their families and the dog being rehomed. RRA provides full back up should any adoption fail for whatever reason.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
Registered Company number CE003784 (England and Wales)
**Registered Charity number** 1161037
**Registered office** 3rd Floor 166 Upper Richmond Road London SW15 2SH
## **Trustees**
Mrs C Timmis (resigned 30.6.20) Ms D Wells (appointed 11.8.21) (resigned 22.5.20) Ms D Wells (appointed 11.8.21) (resigned 22.5.20) M E Orru Ms L Church (resigned 31.10.20) Ms N Hillman (appointed 8.12.20)
## **Independent Examiner**
A J Syddall M.A,. A.C.A. Institute of Chartered Accountants in England and Wales P B Syddall & Co Chartered Accountants Grafton House 81 Chorley Old Road Bolton Lancashire BL1 3AJ Approved by order of the board of trustees on 26 April 2022 and signed on its behalf by:
M E Orru - Trustee
Page 2
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ROMANIAN RESCUE APPEAL**
## **Independent examiner's report to the trustees of Romanian Rescue Appeal ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2021.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of Institute of Chartered Accountants in England and Wales which is one of the listed bodies.
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:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
A J Syddall M.A,. A.C.A. Institute of Chartered Accountants in England and Wales P B Syddall & Co Chartered Accountants Grafton House 81 Chorley Old Road Bolton Lancashire BL1 3AJ
26 April 2022
Page 3
## **ROMANIAN RESCUE APPEAL**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2021**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Charitable activities
**398,846**
Other activities
2
**32,709**
Investment income
3
**2**
**Total**
**431,557**
**EXPENDITURE ON**
Charitable activites
**364,097**
**NET INCOME**
**67,460**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**87,983**
**TOTAL FUNDS CARRIED FORWARD**
**155,443**|Restricted
fund
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2021**
**Total**
**funds**
**£**
**398,846**
**32,709**
**2**
**431,557**
**364,097**
**67,460**
**87,983**
**155,443**|2020
Total
funds
£
465,748
33,630
8|
|---|---|---|---|
||||499,386
447,208|
||||52,178
35,805|
||||87,983|
The notes form part of these financial statements
Page 4
## **ROMANIAN RESCUE APPEAL**
## **BALANCE SHEET 30 APRIL 2021**
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
6
**154,304**
**CURRENT ASSETS**
Debtors
7
**236,831**
Cash at bank
**7,886**
**244,717**
**CREDITORS**
Amounts falling due within one year
8
**(55,478)**
**NET CURRENT ASSETS**
**189,239**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**343,543**
**CREDITORS**
Amounts falling due after more than one year
9
**(188,100)**
**NET ASSETS**
**155,443**
**FUNDS**
11
Unrestricted funds
**TOTAL FUNDS**|Restricted
fund
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2021**
**Total**
**funds**
**£**
**154,304**
**236,831**
**7,886**
**244,717**
**(55,478)**
**189,239**
**343,543**
**(188,100)**
**155,443**
**155,443**
**155,443**|2020
Total
funds
£
133,977
211,076
11,443
222,519
(66,895)
155,624
289,601
(201,618)
87,983
87,983
87,983|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
continued...
**ROMANIAN RESCUE APPEAL**
## **BALANCE SHEET - continued 30 APRIL 2021**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 26 April 2022 and were signed on its behalf by:
M E Orru - Trustee
The notes form part of these financial statements
Page 6
**ROMANIAN RESCUE APPEAL**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Preparation of consolidated financial statements**
The financial statements contain information about Romanian Rescue Appeal as an individual company and do not contain consolidated financial information as the parent of a group. The charity is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Buildings - 10% on cost Motor vehicles - 25% on cost
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Foreign currencies**
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
continued...
Page 7
**ROMANIAN RESCUE APPEAL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2021**
## **2. OTHER ACTIVITIES**
## **3.**
## **4.**
|**OTHER ACTIVITIES**|||
|---|---|---|
|Formal fundraising
**INVESTMENT INCOME**
Deposit account interest
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets|**2021**
**£**
**32,709**
**2021**
**£**
**2**
**2021**
**£**
**20,730**|2020
£
33,630|
|||2020
£
8
2020
£
16,999|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 30 April 2021 nor for the year ended 30 April 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 April 2021 nor for the year ended 30 April 2020.
## **6. TANGIBLE FIXED ASSETS**
|**COST**
At 1 May 2020
Additions
At 30 April 2021
**DEPRECIATION**
At 1 May 2020
Charge for year
At 30 April 2021
**NET BOOK VALUE**
At 30 April 2021
At 30 April 2020|Buildings
£
**168,020**
**35,634**
**203,654**
**41,332**
**15,730**
**57,062**
**146,592**
126,688|Motor
vehicles
£
**14,577**
**5,423**
**20,000**
**7,288**
**5,000**
**12,288**
**7,712**
7,289|Totals
£
**182,597**
**41,057**|
|---|---|---|---|
||||**223,654**|
||||**48,620**
**20,730**|
||||**69,350**|
||||**154,304**|
||||133,977|
continued...
Page 8
**ROMANIAN RESCUE APPEAL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2021**
|**7.**
**DEBTORS**
Amounts falling due within one year:
Prepayments and accrued income
Amounts falling due after more than one year:
Loan to subsiduary undertaking
Aggregate amounts
**8.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other loans (see note 10)
Accruals and deferred income
**9.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Other loans (see note 10)
**10.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Other loans
Amounts falling due between two and five years:
Other loans - 2-5 years
**11.**
**MOVEMENT IN FUNDS**
At 1.5.20
£
**Unrestricted funds**
General fund
**87,983**
**TOTAL FUNDS**
**87,983**|**2021**
**£**
**29,981**
**206,850**
**236,831**
**2021**
**£**
**46,874**
**8,604**
**55,478**
**2021**
**£**
**188,100**
**2021**
**£**
**46,874**
**188,100**
Net
movement
in funds
£
**67,460**
**67,460**|2020
£
9,656|2020
£
9,656|
|---|---|---|---|
|||201,420||
|||211,076||
|||2020
£
38,100
28,795
66,895
2020
£
201,618|2020
£
38,100
28,795|
||||66,895|
|||2020
£
38,100||
|||201,618||
|||At
30.4.21
£
**155,443**
**155,443**||
continued...
Page 9
**ROMANIAN RESCUE APPEAL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2021**
## **11. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
**431,557**
**431,557**|Resources
Movement
expended
in funds
£
£
**(364,097)**
**67,460**
**(364,097)**
**67,460**|Resources
Movement
expended
in funds
£
£
**(364,097)**
**67,460**
**(364,097)**
**67,460**|
|---|---|---|---|
||||**67,460**|
## **Comparatives for movement in funds**
|At 1.5.19
£
**Unrestricted funds**
General fund
35,805
**TOTAL FUNDS**
35,805
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
499,386
**TOTAL FUNDS**
499,386|Net
movement
At
in funds
30.4.20
£
£
52,178
87,983
52,178
87,983
Resources
Movement
expended
in funds
£
£
(447,208)
52,178
(447,208)
52,178|Net
movement
At
in funds
30.4.20
£
£
52,178
87,983
52,178
87,983
Resources
Movement
expended
in funds
£
£
(447,208)
52,178
(447,208)
52,178|
|---|---|---|
|||52,178|
A current year 12 months and prior year 12 months combined position is as follows:
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.5.19|in funds|30.4.21|
||£|£|£|
|**Unrestricted funds**||||
|General fund|35,805|119,638|155,443|
|**TOTAL FUNDS**|35,805|119,638|155,443|
continued...
Page 10
**ROMANIAN RESCUE APPEAL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2021**
## **11. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
930,943
930,943|Resources
Movement
expended
in funds
£
£
(811,305)
119,638
(811,305)
119,638|Resources
Movement
expended
in funds
£
£
(811,305)
119,638
(811,305)
119,638|
|---|---|---|---|
||||119,638|
## **12. RELATED PARTY DISCLOSURES**
At the balance sheet date the charity is owed £206,850 (2020 - £201,420) by it's subsidiary company Romanian Rescue Appeal SRL.
Page 11
**ROMANIAN RESCUE APPEAL**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2021**
|**INCOME AND ENDOWMENTS**
**Charitable activities**
General donations
Gift aid
Dog sponsorship
Dog adoptions
Medical appeals
Transport appeals
Building and renovations
**Other activities**
Formal fundraising
**Investment income**
Deposit account interest
**Total incoming resources**
**EXPENDITURE**
**Charitable activites**
Romanian fosters
Shelter running costs
Romanian rent
UK kennel costs
Veterinary costs
Insurance
Transport
Advertising and promotions
Administration expenses
Building and renovation
Accountancy
Finance charges
Depreciation of tangible fixed assets
Total resources expended
**Net income**|2021
£
**155,644**
**54,702**
**60,192**
**122,036**
**2,095**
**495**
**3,682**
**398,846**
**32,709**
**2**
**431,557**
**29,225**
**196,593**
**3,916**
**18,214**
**86,874**
**164**
**2,353**
**231**
**4,001**
**300**
**540**
**956**
**20,730**
**364,097**
**364,097**
**67,460**|2020
£
207,922
57,644
86,006
84,408
4,438
8,846
16,484|
|---|---|---|
|||465,748
33,630
8|
|||499,386
33,777
174,027
4,860
27,709
123,140
818
51,712
65
2,673
9,584
480
1,364
16,999|
|||447,208|
|||447,208|
|||52,178|
This page does not form part of the statutory financial statements
Page 12