Charity number: 1161354 ANIMAL CONCERN CUMBRIA UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Armstrongwatson. Accountants, Business & Financial Advisers
ANIMAL CONCERN CUMBRIA CONTENTS Page Reference and administratlve details of the Charity, its Trustees and advisers Trustees. report Trustees. responsibilities statement Independent examinerfs report Statement of financial activities Balanco sheet Notes to th8 financial statements 10-22
ANIMAL CONCERN CUMBRIA REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees D Hallett l Hodgson J Heaslip J McGill Charity registered number 1161354 Principal offlce The Mary Irwin Centre Marlsborough Lonning Egremont Cumbria CA22 2UA Accountants Armstrong Walson LLP Chartered Accountants James Watson House Montgomery Way Rosehill Carlisle CA12UU Page 1
ANIMAL CONCERN CUMBRIA TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees present their annual report together with the financial statements of the Charity for the year 1 January 2024 to 31 December 2024. The charity is governed by the constitution document which is based upon the Charity Commission's model for a Charitable Incorporated Organisation. The aclivities of the charity are overseen by the Board of Trustees, none of whom receive any remuneration. Day to day operations, are managed by the CEO, and activities are undertaken by the staff at the Mary Irwin Centre supported by volunteers. The Trustees acknowledge their responsibilities in respect of the ongoing stewardship of the charity, and the preparation for preparing and approving both this report and the financial statements. Objectives and actlvities a. Policies and objectives Deliver a sustainable and effective animal rehoming facility and support for companion animals in need. Anirnal Concern Cumbria promotes humane behaviour towards all animals.. we encourage and demonstrate kindness and suppress cruelty and offer support for the welfare of all animals in need of care and protection. Through our adoption program we continued to extend help, to all companion animals where they Gan no longer be cared for in Iheir current homes, have been neglected, are unwanted or abandoned. The Trustees, staff, and volunteers continued their endeavours to deliver our objects and throughout 2023 achieved this through the following activities, partnerships, and work. In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit. running char¢ty IPB2)'. Page 2
ANIMAL CONCERN CUMBRIA TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Objectives and activities (continued) b. Strat8gies for achieving objectives Animal welfare lies at the heart of our charitable work. We carefully follow the guidelines which are set out by the ADCH to ensure our animal welfare needs and facilities are in line with national expectations. Animal welfare is at the core of our charity. Taking a proaclive approach towards SLfrStainable solutions to lackling the consequences of companion abandonment and rehoming, animal ownership and to providing our community with added value from this is an essential objective. We aim to continue to build, maintain and develop strong relationships with our community through links with schools, organisations, agencies, business, and individuals to enable us to continue to promote our animal care work,. to reach wider audiences, to prornote positive animal ownership and welfare, and to develop greater opportunities for learning, upskilling employees, and extend community experiences through volunteering. This year saw changes to the strategic plan following Ihe completion of our new kennel build activities. This led us to review our financial aims and developments. We have maintained our staffing levels ensuring that we employ sufficient suilably qualified people to meet Ihe aims of the charity as well as continue to care for the animals. We are focussed on delivering animal welfare support, based on local needs. We continue with our own neutering scheme targeting male cats and supporting the spay neuter and release scheme for feral cat colonies within the local area. Our plans for financing our aims and principles are outlined in the strategic plan. Our financing strategy will continue to ensure that our core work is sustained, our objects are met and that we make effective use of all financial support received. As with many other organisations working wilhin this sector Animal Concern Cumbria has faced numerous challenges throughout 2024. Generous legacies have meant that we have been able to Continue our work within the community providing affordable vet care and a place where we Can educate the community on better health care for Iheir companion animals. Animal Concern Management Team welcomed the completion of our new environmentally sustainable and cost effective, functional and Modern facilities. The Board of Trustees are confident that the future of Animal Concern Cumbria and its ability to continue serving the community and its animals in need, is sound. c. Actlvlties undertaken to achievo objectives Provide a 'matching' service of companion animals to new owners - appropriate match to lifestyle, offering guidance and 5UPPOrt to potential adopters enabling them to make informed choices when seeking a companion animal to join their life. We offer guidance and advice to owners on managing their companion animals, behaviours, to enable a permanent enriching relationship, and guidance and adviGe to the public on the appropriate care and responsible ownership of companion animals. At our rehoming centre, the charity provides a secLsre, safe, and caring shelter to domestic animals coming to us to be rehomed. Our team of Animal Care Staff support animals into their new safe, caring forever homes through adoption and our home-to-home facility. We continue to support animals in need of medi¢allclinical care and through our Peppa's Pot offer emergency help and financial support. Page 3
ANIMAL CONCERN CUMBRIA TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Objectives and activities (continued) d. Main activities undertaken to further the Charity's purposes for the public benefit Where needed, support is extended, to the public facing difficult circumstances, and challenging times, particularly to those in vulnerable situations, to enable them to retain their pets. At our Egremont Centre we offer a range of volunteering opportunities to the public. Opportunities are also available to students and young people unable to access mainstream education and work experience, to enhance their skill development, experience, social interaction, and wellbeing. Through our fundraising activities at public events, our team of volunteers engage directly wth the public to promote our work, including promoting Peppa's Pot emergency support funding, a neutering scheme, in addition to fundraising opportunilies such as Sum up donations. Achievements and performance . Maln achievements of the Charity In 2024, Animal Concem Cumbna successfully re-homed 62 Cats and 17 dogs along with various other animals including a bearded dragon and terrapins. We have successfully completed the build of our state of the art nine-unit kennel block and opened this to new intake. This has enabled us to rehome more dogs than the previous year. We have worked with the RSPCA to complele a free cat microchipping event which was successful along with trap neuter release programme. This IS to control the colonies of feral cats. Our staff were able to as51St family when their house exploded. Slaff completed searches, rescued the cats and were able to support in their care until their owner was released from hospital. We have also helped other families in difficult circumstances. b. Performance In December 2024, our CEO of six- years left her post to pursue other interests. This has meant the charity has entered a period of restructuring. Flnancial review a. Going concern After making appropriate enquiries, Ihe Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt Ihe going concern basis in preparing the financial statements. Further delails regarding the adoption of the going concern basis can be found in the accounting policies. b. Reserves policy It is our policy to hold a sufficient level of reserves to enable operating activities to be supported. taking account of potential risks and contingencies, that may arise from time to time. The unrestricted reserves are held to meet the financial risks associated with the potential contingencies and uncertainties, relating to, the charity's operating activities. The Trustees consider that, at a minimum. sufficient reserves must be retained to cover costs of at least 36 months operation of the Mary Iwin Centre and charity activities which is estimated lo be £400,000 per annum, or £1,200,000 for the 36-month period. At, 31 December 2024, this target has been met, and the Trustees are satisfied with the level of reserves held. Page 4
ANIMAL CONCERN CUMBRIA TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 c. Deficit The Charity made a deficit of £195,974 (2023 surplus of £260,724). Reserves brought forward totalled £2,865,677 and following the deficit there were reserves of £2,669,703 carried forward, all of which were unrestricted. Structurei governance and management a. Constltutlon Animal Concern Cumbria is a registered charity, number 1161354, and is constituted under a Trust deed. b. Methods of appointment or 8lection of Trustees The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed. Approved by order of the members of the board of Trustees and signed on their behalf by.. D Halle Truste Date.. l Hodgson Trustee Page 5
ANIMAL CONCERN CUMBRIA STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted A¢¢ounting Practice). The law applicable to charities in England & Wales 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 incoming resources and appli¢ation of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to.. select suitable accounting po5icies and then apply them consistently., obsetve the methods and Principles of the Charities SORP IFRS 102)., make judgments and accounting estimates that are reasonable and prudent., state whether applicable UK Accountin9 Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable a¢¢uracy at any time the financial position of Ihe Charity and enable them to ensure Ihat the financial slatements comply with the Charities Act 2011, the Charity (Accounts and Report5) Regulations 2008 and the provisions of the Trust deed. 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. Approved by order of the members of the board of Trustees and signed on its behalf by.. D Hall Truste Date.. l Hodgson Trustee Page 6
ANIMAL CONCERN CUMBRIA INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Independent examiner's report to the Trustees of Animal Concern Cumbrla ('the Charity,) I report to the charity Trustees on my examination of the aGcounts of the Charity for the year ended 31 December 2024. Responslbillties and basis of report As Ihe Trustees of the Charity you are responsible for the preparation of the accounts in ac¢ordance wth the requirements of the Charities Act 20111'the 2011 Act,). I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145{5)(b) of the 2011 Act. Independent examlner's statement Your attention is drawn to the fact that the Charity has prepared the accounts in acGordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulation5 but has been withdrawn. l understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no matters have come to my attention in connection wth the examination giving me Cause to believe that in any material respect: accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act., or the accounts do not accord with those records; or the accounts do not comply wth the applicable requirements conceming the form and content of accounts set out in the Charities (Accounts and Report5) 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 aGcounts to be reached. This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Twstees those matters l am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report. Signed.. Karen Rae FCCA DChA Armstrong Watson LLP James Watson House, Cariisle, CA12UU Page 7
ANIMAL CONCERN CUMBRIA STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Restricted Unrestricted funds fund$ 2024 2024 Total funds 2024 Total funds 2023 Note Income from: Donations and legacies Other trading activities Investments 118,523 2,273 21,177 118,523 2,273 21,177 558, 233 6,861 18,888 Total income 141,973 141,973 583, 982 Expenditure on: Raising funds Charitable activities 1, 138 322. 120 337,947 337,947 Total expendlture 337,947 337,947 323,258 Nèt {expenditure)lincome Transfers between funds (195,9741 14,982 (195,974) 260, 724 15 (14,982 Net movement In funds (14,9821 (180,992) (195,974) 260, 724 Reconciliation of funds: Total funds brought forward Net movement in funds 14,982 {14,982) 2,850,695 (180,992) 2,865,677 (195,974 2, 604, 953 260, 724 Total funds carrled forward 2,669,703 2,669,703 2,865,677 The Statement of financial activities includes all gains and losses recognised in the year. The notes on pages 10 to 22 form part of these financial statements. Page 8
ANIMAL CONCERN CUMBRIA BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Note Flxed assets Tangible assets 12 1,400,399 1, 195,578 1,400.399 1, 195,578 Current assets Debtors Cash at bank and in hand 13 8,446 1,281,707 11,008 1,678,201 1,290,153 1, 689,209 Creditors.. amounts falling due within one year 14 120,849) (19,110) Net currant assets 1,269,304 1,670,099 Totsl assets less current liabilities 2,669,703 2, 865, 677 Total net assets 2,669,703 2, 865, 677 Charity funds Restricted funds Unrestricted funds 15 15 14,982 2,850, 695 2,669,703 Totsl fund8 2,669,703 2,865,677 The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. DHal Tru ee Dat l Hodgson Trustee The notes on pages 10 to 22 form part of these financial statements. Page 9
ANIMAL CONCERN CUMBRIA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 General information The Charity is an unincorparated public benefit entity and a registered charity in England and Wales. The principal office is The Mary INin Centre, Marlborough Lonning, Egremont, Cumbria, CA22 2UA. Accounting policies 2.1 Basls of preparation of financlal statsments The financial statements have been prepared in accordance wth the Charities SORP {FRS 102) AGGounting 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 1021 (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of I13nd (FRS 102) and the Charities Act 2011. The financial statements have been prepared to give a 'true and fair, view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair, view. This departure has involved followng the Charities SORP (FRS 1021 published in October 2019 rather than the Accounting and Reporting by Charities.. Statement of Recommended Practice effective from 1 April 2006 which has since been withdrawn. Animal Concern Cumbria meets the definition of a public benefit entily under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 2.2 Going concern The Trustees have considered the available cash and the likely requirements for the 12 month period following the date of signing of these financial statements and are content that there is enough avialable funding to sustain the operating requirements for at least the next 12 months therefore these financial statements have been prepared on a going concern basis. 2.3 Income All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. The recognition of income from legacies is dependent on establishing entitlement. the probability of receipt and the ability to estimate with sufficient accuracy ihe amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them (through knowledge of Ihe existence of a valid will and the death of the benefactor} and the executor is salisfied that the propety in question wll not be required to satisfy ¢laims in the estate. Receipt of a legacy musl be recognised when it is probable that il will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured. Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received. the income is accrued. Page 10
ANIMAL CONCERN CUMBRIA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies lcontinued) 2.4 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct Gosts and shared costs, including support costs involved in undertaking each activity. Direct costs attributsble to a single activity are allocated directly to that activily. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned beleen those activities on a basis consistent wsth the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading. Expenditure on Charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. All expenditure is inclusive of Irrecoverable VAT. 2.5 Interest recelvable Interest on funds held on deposit 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 institution with whom the funds are deposited. 2.6 Tanglble fixed assets and depre¢lation Tangible fixed assets costing £500 or more are capitalised and recognised when future economic benefits are probable and the Cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful live5, using the straight-line method. Depreciation is provided on the follong bases.. Freehold property Equipment Assets under construction 20h - 10 % straight line 20Q/o Straight line Not depreciated 2.7 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.8 Cash at bank and In hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Page11
ANIMAL CONCERN CUMBRIA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies (continued) 2.9 Liabilities and provlslons Liabilities are recognised en there is an obligation at the Balance sheel date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate ofthe amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate Ihat reflects the risks specific to the liability- The unwinding of the discounl is recognised in the Statement of financial activities as a finance cost. 2.10 Financlal instrtsments The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instrument5 are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which a subsequently measured at amortised cost using the effective interest method. 2.11 Pensions The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year. 2.12 Fund accounting General fijnds are unrestricted funds which are available for use at the dis¢relion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Designated funds comprise unrestricled funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for parti¢ular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investment income, gains and losses are allocated to the appropriate fund. Page 12
ANIMAL CONCERN CUMBRIA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Income from donations and legacies Restricted Unrestricted funds funds 2024 2024 Total funds 2024 Donations Donations Adoption and rehoming fees 1,876 20,607 6,936 22,483 6,936 1,876 27,543 29,419 Legacies Grants Similar incoming resources 23,604 65,000 500 23,604 65,000 soo 118,523 118,523 Restricted Unrestricted funds funds 2023 2023 Total funds 2023 Donatlons Donations Adoption and rehoming fees 6,435 8, 522 10,073 14,957 10,073 6,435 18,595 25,030 Legacies Grants 33, 203 500, 000 33,203 500,000 6,435 551, 798 558,233 Income from other trading actlvities Income from fundraising events Unrestricted funds 2024 Total funds 2024 Fundraising events 2,258 2,258 Page 13
ANIMAL CONCERN CUMBRIA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 DECEMBER 2024 Income from other trading activities {continued) Income from fundraising 8vent$ Icontinuedl Unrestricted funds 2023 Total funds 2023 Fundraising events 6,488 6. 488 Income from non charitable trading actlvities Unrestricted funds 2024 Total funds 2024 Sale of donated and purchased goods 15 Unrestricted funds 2023 Total funds 2023 Sale of donated and purchased goods 373 373 Investment Incom8 Unrestricted funds 2024 Total funds 2024 Bank interest received 21,177 21,177 Unrestricted funds 2023 Total funds 2023 Bank interest received 18,888 18,888 Page 14
ANIMAL CONCERN CUMBRIA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Expenditure on raising funds Costs of raising voluntsry income Total funds 2024 Shop costs Unrestricted funds 2023 Total funds 2023 Shop costs 1, 138 1, 138 Analysis of expendlture on charitable actlvltles Summary by fund type Unrestrlcted funds 2024 Total 2024 Provision of Animal Welfare SeNices 337,947 337,947 RestriGt8d Unrestncted funds funds 2023 2023 Total 2023 Provision of Animal Welfare Services 8,012 314,108 322, 120 Page15
ANIMAL CONCERN CUMBRIA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Analysts of expendtture by a¢tlvities Activities undertaken directly 2024 Support costs 2024 Total funds 2024 Provision of Animal Welfare Services 224,949 112,998 337,947 Activities undertaken direGIIy 2023 Support costs 2023 Total funds 2023 Provision of Animal Welfare seices 200, 888 121,232 322, 120 Analysls of dlrect costs Total funds 2024 Total funds 2023 Staff costs Depreciation Feed and other supplie$ Staff training Motor and travel costs Vet fees 154,979 30,686 4,521 3.116 4,817 26,830 145,625 13,947 5, 733 3, 745 31,838 224,949 200,888 Page 16
ANIMAL CONCERN CUMBRIA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Analysis of expènditure by activiti85 Icontinued) Analysls of support costs Total funds 2024 Total funds 2023 Staff costs Rent, rates and water Light and heat Repairs and maintenance Insurance Legal and professional fees Telephone and postage other office costs Bank charges Expense claims 51,274 2,287 11,973 25,879 5,868 8,691 3,050 3,066 426 62,410 1,619 13,649 20,751 2,946 10,117 4,481 3,433 364 1,462 484 112,998 121,232 Independent examlnerfs r8mun8ratlon 2024 2023 Fees payable lo the Charity's independent examiner for the independent examination of the Charity's annual accounts 4,500 5, 250 10. Staff costs 2024 2023 Wages and salaries Social security costs Contribution to defined contribution pension schemes 194,489 7,976 3,789 195,484 8,917 3, 634 206,253 208, 035 Page 17
ANIMAL CONCERN CUMBRIA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 DECEMBER 2024 10. Staff costs Icontlnuedl The average number of persons employed by the Charity during the year was as follows.. 2024 No. 2023 No. Employees io No employee received remuneration amounting to more than £60,000 in either year. The Charity considers 2 members of staff to be key management personnel and their total employment costs amounted to £51,274 {2023 - £62,410). 11. Trustees, remuneratlon and expenses During the year, no Trustees received any remuneration or other benefits (2023 - £NIL). During the year ended 31 December 2024, expenses totalling £51 were reimbursed to 1 Trustee (2023 - £270 to 1 Trustee). Expenses paid were in relation to reimbursed mileage claims. 12. Tangible fixed assets Freehold property Plant and machinery Total Cost or valuatlon At 1 January 2024 Additions Disposals 1,271,663 200,519 {4,9501 37,398 39,938 (30,6121 1,309,061 240,4S7 135,562) At 31 December 2024 1,467,232 46,724 1,513,956 Deprnciation At 1 January 2024 Charge for the year On disposals 77,623 22,867 35,860 7,819 130,6121 113,483 30,686 (30,6121 At 31 December 2024 100,490 13,067 113,557 Net book value At 31 OeGember 2024 1,366,742 33,657 1,400.399 At 31 December 2023 1, 194.040 1,538 1. 195,578 Page 18
ANIMAL CONCERN CUMBRIA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 13. Debtors 2024 2023 Due within one year Trade debtors Other debtors Prepayments and accrued income 430 8.016 7,008 4, 000 8,446 11,008 14. Creditors: Amounts falling due wlthin one year 2024 2023 Trade creditors Other taxation and social security Other creditors Accruals and deferred income 8,512 6,528 818 4,991 8,673 4, 035 662 5, 740 20,849 19,110 Page 19
ANIMAL CONCERN CUMBRIA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1 S. Statement of funds Statement of funds - current year Balance at 31 December 2024 Balance at 1 January 2024 Transfers inlout Income Exp8nditure Unrestricted funds Designated funds Peppa'5 Pot 1,876 (3,7661 14,982 13,092 General funds General Funds 2,850,695 140,097 1334,181) 2,656,611 Total Unrestricted tunds 2,850,695 141,973 (337,947 14,982 2,669,703 Re8trl¢ted funds Peppa's Pot 14,982 114,982) Total of funds 2,865,677 141,973 (337,947) 2,669,703 Statement of funds - prior year Balance al 31 December 2023 Balance at 1 January 2023 Income Expenditure Unrestricted funds General Funds 2,588,394 577,548 (315,247) 2, 850, 695 Restricted funds Peppa's Pot 16,559 6, 435 (8,012) 14,982 Total of funds 2, 604. 953 583, 983 (323, 259) 2,865, 677 Page 20
ANIMAL CONCERN CUMBRIA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 15. Statement of funds (continued) Peppa's Pot serves to ensure that pets are healthy and well cared for by providing funding assistance to individuals encountering financial difficulties when dealing with unexpected medical emergencies, such as accidents. Following a review of the purpose of Peppa's Pot, the Trustees have reclassified this as a designated fund as opposed lo a Reslricled fund which better reflect5 the underlying nature of the fund. The balance at 1 January 2024 has been transferred and all income and expenditure in the year has been treated as designated. 16. Summary of funds Summary of funds - current year Balance at 31 December 2024 Balance at 1 January 2024 Transfers Inlout Income Expendlture Designated funds General funds Restricted funds 1.876 140,097 (3,766) (334,181) 14,982 13,092 2,656,611 2,850,695 14,982 (14,9821 2,865,677 141,973 (337,9471 2,669,703 Summary of funds - prlor year Balance at 31 December 2023 8alance at l January 2023 Income Expenditure General funds Restricted funds 2,588, 394 76,559 577,548 6,435 (315, 247) 2,850, 695 (8,012) 14,982 2, 604, 953 583, 983 (323, 259) 2,865, 677 17. Analysis of net assets between funds Analysis of net assets between funds - current period Unrestricted funds 2024 Total funds 2024 Tangible fixed assets Current assets Creditors due wthin one year 1,400,399 1,290,153 (20,849) 1,400,399 1,290,153 {20,849 Total 2,669,703 2,669,703 Page 21
ANIMAL CONCERN CUMBRIA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 17. Analysis of net assets between funds (continued) Analysis of net assets between funds - prlor period Restricted Unrestricted funds funds 2023 2023 Total funds 2023 Tangible fixed assets Current assets Creditors due wthin one year 1, 195,578 1,674,227 (19, 110) 1, 195,578 1, 689,209 (19,170) 14,982 Total 14,982 2,850,695 2,865,677 18. Penslon commltments The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of Ihe Charity in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund and amounted to £3,789 12023 - £3,634). Amounts totalling £818 (2023 - £6621 were payable to the fund at the balance sheet date and are included in creditors. 19. Related party transactions The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing beeen related parties and the Charity at 31 December 2024. Page 22