DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 JUNE 2023**
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **CONTENTS**
||Page|
|---|---|
|**Reference and administrative details of the Charity, its Trustees and advisers**|1|
|**Trustees' report**|2 - 5|
|**Independent examiner's report**|6 - 7|
|**Statement of financial activities**|8|
|**Balance sheet**|9|
|**Notes to the financial statements**|10 - 21|
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 JUNE 2023**
|**Trustees**|Nikki Tibbles|
|---|---|
||Andrea Alessandro Davide Previ|
||Stephanie Camu|
||Caroline Louise Richmond (appointed 23 September 2023)|
**Charity registered number** 1161695 **Principal office** Unit 4 Linford Business Estate Linford Street London SW8 4AB **Accountants** Wellers Accountants 1 Vincent Square London SW1P 2PN
Page 1
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2023**
The Trustees present their annual report together with the financial statements of the Charity for the 1 July 2022 to 30 June 2023.
## **Objectives and activities**
## **a. Policies and objectives**
The purpose/objects of the charity are to compassionately reduce the worlds stray dog population, through working with project partners on sterilisation programmes, welfare support and awareness/education initiatives.
1. Sterilisation: funding the facilitation of spay/neuter programmes worldwide.
2. Welfare: providing funding to support meeting the nourishment/medical/shelter needs of stray dogs. 3. Education/awareness: supporting the development of international campaigns which both raise awareness of, and prevent further animal suffering, whilst also promoting high welfare standards. Continuing to deliver a KS2 education initiative in the UK.
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 a charity (PB2)'.
## **b. Strategies and activities undertaken to achieve objectives**
For the period of 2022/23, the charity had specific objectives, alongside its general mission objectives of sterilisation, welfare, and awareness/education, to:
- Implement the redefined charity strategy and mission pillars following the review during the prior period.
- • Continue to predominantly focus on the only humane method of controlling the global stray dog population: sterilisation.
The operational objectives referenced above were met during the year. However, the impact of the cost-ofliving crisis was significant for the charity.
In April 2022, in the previous reporting period, we took the decision to pause international adoptions and focus only on UK rehoming. During the following months and finalised in September 2022, a further decision was taken to close the adoption department and to focus entirely on our core mission pillars of sterilisation, welfare, and education.
Page 2
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023**
## **Achievements and performance**
## **a. Main achievements of the Charity**
The charity helped to facilitate the sterilisation of 2845 dogs globally, supported welfare needs across 9 worldwide projects and raised £310,393.
## Sterilisation
- 2845 sterilisations were achieved globally during the period of July 22 - June 23.
- We funded the sterilisation of 180 dogs in Greece during July 22 - April 23 as part of a scheduled 1-year
- female spay campaign. • September 2022 marked the beginning of a rolling sterilisation campaign in India, with 892 dogs sterilised during this reporting period. Rabies vaccinations were also provided to all dogs.
- We supported the sterilisation of 1722 dogs across the reporting period in Mexico. 375 dogs were also vaccinated.
- We funded the sterilisation of 43 dogs in Bali during July 22 – November 22. Rabies vaccinations were also provided to all dogs.
- We funded the sterilisation of 8 dogs in Romania during March 23 – June 23.
## Welfare
- Welfare funds to assist with feeding, meeting the medical needs, and providing adequate shelter for stray dogs in need, were distributed across 9 global projects in Greece, Romania, South Korea, Ukraine, India, Mexico, Bali, and the UK.
- In December 22 we began our support of UK Pet food banks.
## Education/awareness
- Funding was provided to a South African project to produce a series of printable worksheets; these enhanced the learning experience in schools and other educational environments of the previously funded animated educational videos, and they covered sterilisation, animal cruelty, how to be a good pet owner and understanding illnesses in dogs.
- Our KS2 Be Kind Education programme content continued to be available for schools to sign up to during this period.
Page 3
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023**
## **Financial review**
## **a. Going concern**
After making appropriate enquiries, the 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 the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
## **b. Reserves policy**
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The Trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
## **Structure, governance and management**
## **a. Constitution**
Wild At Heart Foundation is a registered charity, number 1161695, and is constituted under a Trust deed.
## **b. Methods of appointment or election 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.
## **c. Organisational structure and decision-making policies**
Nikki Tibbles managed the day-to-day running of the charity during this period with support from Shaeren McKenzie (Managing Director, Wild at Heart), Samantha Ellingford (Operations Manager, on Maternity Leave from March 2023) and Olivia Staves (Projects Manager).
Regular Trustee meetings took place during this period to ensure clear understanding and oversight of the business for all. The Trustees have assessed the risks to which the charity is exposed, those relating to the operations and finances of the charity and are satisfied that there are systems in place to mitigate exposure.
Page 4
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023**
## **Statement of Trustees' responsibilities**
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 Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting 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 accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) 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 their behalf by:
................................................
**Nikki Tibbles** Trustee 27-03-24 Date:
Page 5
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 JUNE 2023**
## **Independent examiner's report to the Trustees of Wild At Heart Foundation ('the Charity')**
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 30 June 2023.
## **Responsibilities and basis of report**
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('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 examiner's statement**
Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ACCA, which is one of the listed bodies.
Your attention is drawn to the fact that the Charity has prepared the accounts 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) 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 regulations but has been withdrawn.
I 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 with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do 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.
This report is made solely to the Charity's Trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the Charity's Trustees those matters I 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.
Page 6
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
**INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023**
27-03-24 Signed: Dated: Joseph Lennon ACCA
1 Vincent Square, London, SW1P 2PN
Page 7
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2023**
|**Note**
**Income from:**
Donations and legacies
3
**Total income**
**Expenditure on:**
Charitable activities
4
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2023**
**£**
**310,393**
**310,393**
**282,428**
**282,428**
**27,965**
**48,848**
**27,965**
**76,813**|**Total**
**funds**
**2023**
**£**
**310,393**
**310,393**
**282,428**
**282,428**
**27,965**
**48,848**
**27,965**
**76,813**|_Total_
_funds_
_2022_
_£_
_523,336_|
|---|---|---|---|
||||_523,336_|
||||_521,360_|
||||_521,360_|
||||_1,976_|
||||_46,872_
_1,976_|
||||_48,848_|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 10 to 21 form part of these financial statements.
Page 8
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **BALANCE SHEET AS AT 30 JUNE 2023**
|**Note**
**Fixed assets**
Tangible assets
9
Investments
10
**Current assets**
Debtors
11
Cash at bank and in hand
Creditors: amounts falling due within one
year
12
**Net current assets**
**Total net assets**
**Charity funds**
Restricted funds
13
Unrestricted funds
13
**Total funds**|**36,487**
**46,134**
**82,621**
**(46,931)**|**2023**
**£**
**41,122**
**1**
**41,123**
**35,690**
**76,813**
**-**
**76,813**
**76,813**|_8,714_
_51,010_
_59,724_
_(54,704)_|_2022_
_£_
_43,827_
_1_|
|---|---|---|---|---|
|||||_43,828_
_5,020_|
||||||
|||||_48,848_|
|||||_-_
_48,848_|
||||||
|||||_48,848_|
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
................................................
**Nikki Tibbles** Trustee
27-03-24 Date:
The notes on pages 10 to 21 form part of these financial statements.
Page 9
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023**
## **1. General information**
Wild at Heart Foundation is an charitable incorporated organisation "CIO", limited by guarantee, domiciled in England and Wales, registration number 01161695. The registered office is Unit 3 & 4, Linford Business Estate, Linford Street, London, SW8 4AB.
## **2. Accounting policies**
## **2.1 Basis of preparation of financial statements**
The financial statements 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 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (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 following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
Wild At Heart Foundation meets the definition of a public benefit entity 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 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.
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.
## **2.3 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 costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with 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 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.
Page 10
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023**
## **2. Accounting policies (continued)**
## **2.4 Tangible fixed assets and depreciation**
Tangible fixed assets costing £250 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 lives, using the straight-line method.
Depreciation is provided on the following basis:
Computer equipment - 33% Other fixed assets -
## **2.5 Investments**
Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of financial activities.
Investments in subsidiaries are valued at cost less provision for impairment.
## **2.6 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.
## **2.7 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.
Page 11
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023**
## **2. Accounting policies (continued)**
## **2.8 Liabilities and provisions**
Liabilities are recognised when there is an obligation at the Balance sheet 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 of the 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 that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
## **2.9 Financial instruments**
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **2.10 Pensions**
The Charity contributes to a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.
## **2.11 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Page 12
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023**
## **3. Income from donations and legacies**
|**Unrestricted**
**funds**
**2023**
**£**
**Donations**
Donations
286,199
Adoption fees
400
Gift aid
23,794
**Subtotal detailed disclosure**
310,393
Grants
-
310,393
_Total 2022_
_523,336_|**Total**
**funds**
**2023**
**£**
**286,199**
**400**
**23,794**
**310,393**
**-**
**310,393**
_523,336_|_Total_
_funds_
_2022_
_£_
_339,993_
_116,063_
_29,780_|
|---|---|---|
|||_485,836_|
|||_37,500_|
|||_523,336_|
||||
## **4. Analysis of expenditure on charitable activities**
## **Summary by fund type**
|**Unrestricted**
**funds**
**2023**
**£**
Charitable activities
282,428
_Total 2022_
_521,360_|**Total**
**2023**
**£**
**282,428**
_521,360_|_Total_
_2022_
_£_
_521,360_|
|---|---|---|
||||
Page 13
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023**
## **5. Analysis of expenditure by activities**
|Charitable activities
_Total 2022_
**Analysis of direct costs**|**Activities**
**undertaken**
**directly**
**2023**
**£**
220,756
_452,022_|**Support**
**costs**
**2023**
**£**
61,672
_69,338_|**Total**
**funds**
**2023**
**£**
**282,428**
_521,360_|_Total_
_funds_
_2022_
_£_
_521,360_|
|---|---|---|---|---|
||||||
|Staff costs
Adoption & dog transport
Other direct costs
_Total 2022_|**Charitable**
**activities**
**2023**
**£**
127,748
10,867
82,141
220,756
_452,022_|**Total**
**funds**
**2023**
**£**
**127,748**
**10,867**
**82,141**
**220,756**
_452,022_|_Total_
_funds_
_2022_
_£_
_269,924_
_92,037_
_90,061_|
|---|---|---|---|
||||_452,022_|
|||||
Page 14
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023**
## **5. Analysis of expenditure by activities (continued)**
## **Analysis of support costs**
|**Charitable**
**activities**
**2023**
**£**
Legal & professional fees
18,563
Advertising & marketing
32,273
Travel & subsistence
329
Rent & insurance costs
1,594
Telephone, fax & computer costs
2,340
Sundry expenses
2,273
Bank fees
3,430
Printing, postage & stationery
1,204
Depreciation
2,705
Charitable & political donations
1,577
Provision for bad debts
(5,116)
Interest payable
500
Governance costs
-
61,672
_Total 2022_
_69,339_
**6.**
**Independent examiner's remuneration**
Fees payable to the Charity's independent examiner for the independent
examination of the Charity's annual accounts|**Total**
**funds**
**2023**
**£**
**18,563**
**32,273**
**329**
**1,594**
**2,340**
**2,273**
**3,430**
**1,204**
**2,705**
**1,577**
**(5,116)**
**500**
**-**
**61,672**
_69,338_
**2023**
**£**
**3,600**|_Total_
_funds_
_2022_
_£_
_22,364_
_17,215_
_3,250_
_1,932_
_3,300_
_1,730_
_6,177_
_328_
_3,107_
_3,174_
_-_
_100_
_6,661_|
|---|---|---|
|||_69,338_|
|||_2022_
_£_
_3,600_|
Page 15
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023**
## **7. Staff costs**
|**2023**
**£**
Wages and salaries
**114,167**
Social security costs
**10,606**
Contribution to defined contribution pension schemes
**2,975**
**127,748**
The average number of persons employed by the Charity during the year was as follows:
**2023**
**No.**
Average
**3**|_2022_
_£_
_244,170_
_20,145_
_5,608_|
|---|---|
|||
||_269,923_|
||_2022_
_No._
_9_|
No employee received remuneration amounting to more than £60,000 in either year.
|**Adoption staff costs**
Wages and salaries
Social security costs
Contribution to defined contribution pension schemes|**2023**
**£**
**-**
**-**
**-**
**-**|_2022_
_£_
_135,484_
_12,017_
_3,035_|
|---|---|---|
|||_150,536_|
## **8. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2022 - £NIL)_ .
During the year ended 30 June 2023, no Trustee expenses have been incurred _(2022 - £NIL)_ .
Page 16
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023**
## **9. Tangible fixed assets**
|**Cost or valuation**
At 1 July 2022
At 30 June 2023
**Depreciation**
At 1 July 2022
Charge for the year
At 30 June 2023
**Net book value**
At 30 June 2023
_At 30 June 2022_|**Computer**
**equipment**
**£**
**9,459**
**9,459**
**5,868**
**2,705**
**8,573**
**886**
_3,591_|**Other fixed**
**assets**
**£**
**40,236**
**40,236**
**-**
**-**
**-**
**40,236**
_40,236_|**Total**
**£**
**49,695**|
|---|---|---|---|
||||**49,695**|
||||**5,868**
**2,705**|
||||**8,573**|
||||**41,122**|
||||_43,827_|
Page 17
DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023**
## **10. Fixed asset investments**
|**Cost or valuation**
At 1 July 2022
At 30 June 2023
**Net book value**
At 30 June 2023
_At 30 June 2022_|**Investments**
**in**
**subsidiary**
**companies**
**£**
**1**|
|---|---|
||**1**|
||**1**|
||_1_|
## **Principal subsidiaries**
The following was a subsidiary undertaking of the Charity:
|**Name**||**Company**|**Registered office or principal**|**Principal activity**|
|---|---|---|---|---|
|||**number**|**place of business**||
|Wild At Heart Foundation||10178756|1 Vincent Square, London,|Trading Subsidiary|
|Trading Limited|||SW1P 2PN||
|**Class of**|**Holding**|**Included in**|||
|**shares**||**consolidation**|||
|Ordinary|100%|No|||
The financial results of the subsidiary for the year were:
|**Name**|**Income**|**Expenditure**|**Profit/(Loss**|**Net assets**|
|---|---|---|---|---|
||**£**|**£**|**)/ Surplus/**|**£**|
||||**(Deficit) for**||
||||**the year**||
||||**£**||
|Wild At Heart Foundation|**5,251**|**(22,643)**|**(17,392)**|**(50,081)**|
|Trading Limited|||||
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DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023**
## **11. Debtors**
|**Due within one year**
Trade debtors
Amounts owed by group undertakings
Other debtors
Prepayments and accrued income|**2023**
**£**
**2,445**
**33,876**
**48**
**118**
**36,487**|_2022_
_£_
_4,488_
_3,686_
_-_
_540_|
|---|---|---|
||||
|||_8,714_|
## **12. Creditors: Amounts falling due within one year**
|Trade creditors
Other taxation and social security
Pension fund loan payable
Other creditors
Accruals and deferred income|**2023**
**£**
**2,670**
**1,209**
**555**
**38,897**
**3,600**
**46,931**|_2022_
_£_
_5,313_
_3,082_
_3,813_
_38,896_
_3,600_|
|---|---|---|
||||
|||_54,704_|
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DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023**
## **13. Statement of funds**
## **Statement of funds - current year**
|**Balance at 1**
**July 2022**
**£**
**Unrestricted funds**
General Funds
**48,848**
**Statement of funds - prior year**
_Balance at_
_1 July 2021_
_£_
**Unrestricted funds**
General Funds
_46,872_
**Analysis of net assets between funds**
**Analysis of net assets between funds - current year**
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
**Total**|**Income**
**£**
**Expenditure**
**£**
**310,393**
**(282,428)**
_Income_
_£_
_Expenditure_
_£_
_523,336_
_(521,360)_
**Unrestricted**
**funds**
**2023**
**£**
41,122
1
82,620
(46,931)
76,812|**Balance at**
**30 June**
**2023**
**£**
**76,813**
_Balance at_
_30 June_
_2022_
_£_
_48,848_
**Total**
**funds**
**2023**
**£**
**41,122**
**1**
**82,620**
**(46,931)**
**76,812**|
|---|---|---|
## **14. Analysis of net assets between funds**
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DocuSign Envelope ID: A2DACCE4-5459-43B6-B1FA-DD4CDBAAF176
## **WILD AT HEART FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023**
## **14. Analysis of net assets between funds (continued)**
## **Analysis of net assets between funds - prior year**
|Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
**Total**|_Unrestricted_
_funds_
_2022_
_£_
_43,827_
_1_
_59,724_
_(54,704)_
_48,848_|_Total_
_funds_
_2022_
_£_
_43,827_
_1_
_59,724_
_(54,704)_
_48,848_|
|---|---|---|
## **15. Pension commitments**
The group contributes to a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £2,975 (2022 - £5,608) of which £555 (2022: £3,813) were payable to the fund at the balance sheet date and are included in creditors.
## **16. Related party transactions**
The charity has a trading subsidiary company called Wild at Heart Foundation Trading Ltd. This company donated profits of £Nil (2022: £Nil) to the charity. The charity was owed £33,876 (2022: £3,686) as at the year end.
Page 21