TRUSTEE REPORT FOR THE YEAR TO 31 MARCH 2021
We are pleased to report on another year of operations in which we moved our operational base.
We are grateful for the continued support of both new and old friends and would highlight or first full year of our Monthly Draw which under Lesley Pizarro’s management engages our supporters on a regular basis.
We are also able to report a significantly improved financial position after last year’s operational loss, with an annual surplus of £ 7,942. Our Reserves (now £15,661) are designed to ensure our dogs could be looked after in the event of the charity ceasing however there is little doubt that in times of increased general uncertainty having a strong Reserve is no bad thing. Our income for the year remained steady with 85% of the increase being due to passing-on some of the increased flight costs (see below). Though we do ask for a donation for our dogs the level we ask has been below what it costs for us to prepare and fly the dogs to the UK - but we recognize and are grateful that a number of new owners continue to support us. This year’s vet fees are lower as we had to hold dogs longer and so had a lower dog turnover: most vet fees are normally incurred when we first rescue a dog. Our new kennels are smaller than before so our kennel fees have reduced. The daily kennel rate has not changed since LCDR started. We are looking to see if we can find suitable foster homes in Cyprus and the UK.
We need to update you on how COVID and BREXit have affected us.
The COVID lockdowns in both Cyprus and the UK restricted the number of dogs we could re-home and also significantly increased the cost of flights as they became even harder to find than usual. We remain cautious about further COVID strains and their potential unavoidable impact on us – however our finances have never been so strong and we are fortunate to have dedicated supporters who understand the difficulties we face. Our annual calendar also fell victim but we are producing a 2022 calendar thanks to Louise Wiltshire
The UK left the EU on 31 December 2020. Pet passports are still required and unfortunately there are now more forms to be completed and with them, increased costs. Though we took the precaution of stocking drugs and food in the event of a supply chain problem there was only minimal disruption.
Simon is still undergoing surgery from his accident but nevertheless he and Clare were forced to move due to their lease expiring. We have built new kennels at a cost of only £463 as a volunteer built them for us.
We close thanking our old and new supporters and of course our adopters.
Clare Phillips Louise James Clare Phillips Louise James Trustee Trustee
| INCOME & EXPENDITURE SUMMARY to 31 March 2021 £ 2020/21 INCOME £ General Donations 24,140 Specific Donations (inc dogs & flights) 26,177 Donations from Other Charities 2,471 Fundraising Activities 2,144 Monthly Draw 5,575 Easyfundraising 440 Paypal Giving Fund 3,710 Amazon Giving 353 Other - Bank Interest 4 TOTAL INCOME 65,014 EXPENDITURE Kennel Fees 11,003 Animal treatment 13,258 Dog Care 9,239 Flights 22,164 Travel Costs (eg to vets, airport) 999 Paypal Fees 124 Calendars & Promotions - Other 285 TOTAL EXPENDITURE 57,072 SURPLUS / (DEFICIT) 7,942 BALANCE SHEET as at 31 MARCH 2021 £ 31/03/2020 Barclays Current 988 Barclays Deposit 4,250 Paypal £ 496 Paypal Euro 1,985 |
INCOME & EXPENDITURE SUMMARY to 31 March 2021 | INCOME & EXPENDITURE SUMMARY to 31 March 2021 |
|---|---|---|
| SURPLUS / (DEFICIT) | ||
| BALANCE SHEET as at 31 MARCH 2021 £ Barclays Current Barclays Deposit Paypal £ Paypal Euro |
TOTAL 7,719
NOTES TO THE ACCOUNTS Year-Ending 31 March 2021
1) LCDR Accounts are cash-based. There were no Creditors at 31 Mar 2021 (2019/20 £ni
2) The Paypal Euro account balance at 31 March 2021 was Nil. (2019/20 Euro 1985)
3) LCDR received £ 20,738 and 1,565 euros via Paypal. Paypal Fees were £ 124 (2019/2
4) LCDR is registered cost-free with Easyfundraising and received £ 440 (2019/20 £ 726
5) LCDR has no Fixed Assets or any Leasing contracts. Material costs of £463 for new ken
6) LCDR does not pay any salaries but expenses may be reimbursed
7) LCDR does not have any direct office costs but pays for a web-site
8) Kennel rates have again remained unchanged in the year
9) Lower vetinary costs reflect the lower turnover in our dogs due to COVID
10) Flight costs are to fly our dogs to the UK. Adopters arranging their own flights are no
11) Individual dog accounting is not possible
12) Travel costs relate to moving our dogs eg to the vets or airport
13) There was no 2021 LCDR calendar.
14) The Monthly Draw contines. Most prizes have been donated. Costs of £131 are inclu
15) LCDR made no political donations (2019/20 £NIL)
16) LCDR received donations from Labrador Life-line (£ 2,161); Animal Action Cyprus (15 17) We hold charge-free Current & Deposit Accounts with Barclays Bank, Southgate St., 18) Interest Receivable rates on Deposits continue to have been negligible through the y
19) Reserves are held to cover dips in donations and to help ensure dogs could be re-ho
2019/20
| £ | ||
|---|---|---|
| 27,585 | ||
| 19,404 | ||
| 718 | ||
| 4,689 | ||
| 2,140 | ||
| 726 | ||
| 1,060 | ||
| 47 | ||
| 661 | ||
| 11 | ||
| 57,041 | ||
| 12,667 | ||
| 18,380 | ||
| 10,265 | ||
| 14,530 | ||
| 529 | ||
| 206 | ||
| 875 | ||
| 269 | ||
| 57,721 | ||
| - | 680 |
|
| Movement | 31/03/21 | |
| - | 20 |
968 |
| 8,250 | 12,500 | |
| 1,697 | 2,193 | |
| - | 1,985 |
- |
7,942 15,661
il)
20 £206)
6)
nnels are included in Kennel Costs
ot included.
uded in Other Costs
50 euros): and Four Paws Spaniels (160 euros) Gloucester UK
year
med in the event of the charity closing.
Independent examiner’s report to the trustees of Love Cyprus Dog Rescue (Charity Number 1162877)
I report on the accounts of the Trust for the 12 months ended 31 March 2021, which are attached.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act
-
to follow the procedures laid down in the general Directions given by the commission under section 145(5)(b) of the 2011 Act
-
to state whether particular matters have come to my attention
Basis of independent examiner’s report
My examination was carried out in accordance with the 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 you as 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 next statement.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 130 of the
-
2011 Act and
• to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
Name: Mr Paul Sachs Address: Honeycroft, Week St Mary, Devon EX22 6UL Date: 1 November 2021
LCDR Audit 2020-21
LOVE CYPRUS DOG RESCUE Charity Number 1162877 ACCOUNTS FOR 12 MONTHS ENDING 31 MARCH 2021
| INCOME General Donations Specific Donations (inc flights) Donations from other charities Fundraising Events Monthly Draw Easyfundraising Paypal Giving Fund Amazon Giving Fund Bank Interest TOTAL INCOME EXPENDITURE Kennel Fees Dog checks & treatment Dog food & care Dog Flights Travel costs (to vet, airport, etc) Paypal fees Other TOTAL EXPENDITURE SURPLUS BALANCE SHEET AS AT 31 MARCH |
INCOME General Donations Specific Donations (inc flights) Donations from other charities Fundraising Events Monthly Draw Easyfundraising Paypal Giving Fund Amazon Giving Fund Bank Interest TOTAL INCOME EXPENDITURE Kennel Fees Dog checks & treatment Dog food & care Dog Flights Travel costs (to vet, airport, etc) Paypal fees Other TOTAL EXPENDITURE SURPLUS BALANCE SHEET AS AT 31 MARCH |
Closing Balance £ 31 March 2021 968 12,500 2,193 ___- **15,661 ** |
|||
|---|---|---|---|---|---|
CURRENT ASSETS Barclays: Current A/c Deposit A/c Paypal (£) Paypal (euro) |
|||||
7,719 |
7,942 |
LOVE CYPRUS DOG RESCUE Charity Number 1162877
NOTES TO THE ACCOUNTS Year-Ending 31 March 2021
1) LCDR Accounts are cash-based. There were no Creditors at 31 Mar 2021 (2019/20 £nil)
2) The Paypal Euro account balance at 31 March 2021 was Nil. (2019/20 Euro 1985)
3) LCDR received £ 20,738 and 1,565 euros via Paypal. Paypal Fees were £ 124 (2019/20 £206)
4) LCDR is registered cost-free with Easyfundraising and received £ 440 (2019/20 £ 726)
5) LCDR has no Fixed Assets or any Leasing contracts. Material costs of £463 for new kennels are included in Kennel Costs
6) LCDR does not pay any salaries but expenses may be reimbursed
7) LCDR does not have any direct office costs but pays for a web-site
8) Kennel rates have again remained unchanged in the year
9) Lower vetinary costs reflect the lower turnover in our dogs due to COVID
10) Flight costs are to fly our dogs to the UK. Adopters arranging their own flights are not included.
11) Individual dog accounting is not possible
12) Travel costs relate to moving our dogs eg to the vets or airport
13) There was no 2021 LCDR calendar.
14) The Monthly Draw continues. Most prizes were donated. Costs of £131 are included in Other Costs
15) LCDR made no political donations (2019/20 £NIL)
16) LCDR received donations from Labrador Life-line (£ 2,161); Animal Action Cyprus (150 euros): and Four Paws Spaniels (160 euros)
17) We hold charge-free Current & Deposit Accounts with Barclays Bank, Southgate St., Gloucester UK
18) Interest Receivable rates on Deposits continue to have been negligible through the year
19) Reserves are held to cover dips in donations and to help ensure dogs could be re-homed in the event of the charity closing.