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2024-03-31-accounts

TRUSTEE REPORT FOR THE YEAR TO 31 MARCH 2024

The year has been a continued struggle to find homes for the lucky dogs who find their way to us. Increased numbers of people surrendering dogs in the UK due to changed circumstances and the downturn in the UK economy mean there are a lot of lovely faultless dogs in UK centres. We continue to be hampered that the only flights that will carry dogs to the UK fly into London Gatwick and even they don’t operate throughout the whole year.

The situation in Cyprus – where few have the same love for animals as us Brits – is not improving despite legislation because it is rarely applied. This is truly heartbreaking but we continue to do our best and, in the year, both directly rescued 18 dogs which have been adopted to the UK along with numerous others supporting and working with other Cyprus charities.

We are very grateful for the continued support through both the fund-raising efforts, the 2023/24 calendar and the general donations that increased 20% for the year. We are very pleased to report a significant financial surplus for the year of £24,407 (2022/23 Loss of £4,693) but note that over 85% of this, £21,109 is the final receipt from Sheil Samuels legacy. Though we have no salary costs and minimum running costs we – like everybody – face rising costs though our vet fees for the year are over £2,000 down on last year as we have had fewer major operations. We do however now test all our dogs for b rucella canis (each costs 140 euros).

During the year Barclays Bank transferred our accounts from Gloucester to Leicester. Barclays can not pay money sent to our old account into the new account so many thanks to those who changed their banking details. We continue to receive free banking which we are grateful for.

Thank you for the support that fuels the battle. We can not do it without you though special thanks again goes to our key supporters like Louise Wiltshire who again produced our annual calendar and Lesley Pizarro who runs our Prize Draw.

Thanking each one of you who supports or shows an interest in our mission.

Clare Phillips Louise James Clare Phillips Louise James Trustee Trustee

INCOME & EXPENDITURE SUMMARY to 31 March 2024 INCOME & EXPENDITURE SUMMARY to 31 March 2024 INCOME & EXPENDITURE SUMMARY to 31 March 2024
£ 2023/24
INCOME £
General Donations 20,307
Specific Donations(dogs & flights) 11,355
Legacyfrom Sheila Samuels 21,109
Donations from Other Charities 950
FundraisingActivities/Events 4,516
MonthlyDraw 5,090
Calendars 1,722
Gift Aid 4,117
Easyfundraising 713
Paypal GivingFund 721
Amazon Giving 345
Give As You Live 26
Bank Interest 699
TOTAL INCOME 71,670
EXPENDITURE
Kennel Fees 13,414
Dogtreatment 9,945
DogFood & Care 8,092
DogFlights 10,429
Travel Costs(egto vets,airport) 999
Paypal Fees 60
Courier 122
Draw Prizes 80
Computer Costs 51
Web Site 103
DogInsurance -
Donation to Rescue & Re-Home Cyprus 170
Flowers -
New Fencing& Gravel 2,806
Shed 622
Return Crates to Cyprus 296
Exchange Differences 74
TOTAL EXPENDITURE 47,263
SURPLUS/(DEFICIT) 24,407



e

BALANCE SHEET as at 31 MARCH 2024
£ 31/03/23
Barclays Old Current A/c 2,359
Barclays New Current A/c -
Barclays Old Deposit A/c 20,500
Barclays New Business Premium A/c -
Paypal £ 3,012
Paypal Euro -
Cash In Transit -
TOTAL 25,871
Euro Exchange Rate : £0.84
NOTES TO THE ACCOUNTS Year-Ending 31 March 2024
1) LCDR Accounts are cash-based but include cash-in-transit. Creditors £nil (2022/
2) The Paypal Euro account balance at 31 March 2023 was 13.00. (2022/23 Nil)
3) Individual dog accounting is not possible
4) We received a final gift of £21,109 from Sheila Samuels estate
5) Gift Aid of £4,117 relates to y/e 2021, 2022 & 2023
6) The Monthly Draw contines. Prizes are generally donated.
7) There was a 2024 LCDR calendar. Purchase costs were again made direct
8) LCDR received donations of £ 950 from Animal Action Cyprus (2022/23 :£1,100
9) LCDR is registered cost-free with Easyfundraising, Amazon Giving & Give As You
10) LCDR has no Fixed Assets or any Leasing contracts.
11) LCDR does not pay any salaries but expenses are reimbursed
12) No direct office costs but we pay for a web-site & computer maintenance
13) Our main Kennel rates have again remained unchanged in the year but when
14) We had fewer large Vetinary bills this year
15) We made a 200Euro donation to Rescue & Re-Home Cyprus (a charity)
16) Travel costs relate to moving our dogs eg to the vets or airport
17) LCDR made no political or campaigning donations (2022/23 £NIL)
18) We are transferring to a charge-free Barclays Bank Current Account in Leicest
19) During a transition period we operated both old and new Current Accounts
20) The accounts use an Euro Exchange rate 0f £0.84 (rate on 31 March 2024). W
21) The fencing around our kennels was replaced (£2,806 is for materials only)
22) We purchased a new shed for £622 (used to store our dog crates)
23) Reserves are held to cover dips in donations and to help ensure dogs could be
2022/23
£
17,181
10,527
-
1,100
3,742
4,931
1,420
1,326
790
731
522
19
34
42,323
13,265
12,143
6,609
10,412
3,800
90
277
90
25
42
141
-
122
-
-
-
-
47,016
- 4,693


W
Movement 31/03/24
- 1,054
1,305
3,063 3,063
- 17,500
3,000
42,000 42,000
- 1,063
1,949
11 11
- 1,049
- 1,049
24,407 50,278
/2 3 £nil)
) :
u Live.
they have been full we have used other kennels that are considerably more expensive.
er and opened a Business Premium Account.
e had Exchange losses totalling £74
e re-homed 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 2024, 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:

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 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: 11 December 2024

Love Cyprus Dog Rescue Audit Report 2023-24 Charity Number 1162877

ACCOUNTS FOR 12 MONTHS ENDING 31 MARCH 2024

INCOME
General Donations
Specific Donations (inc flights)
Legacy from Sheila Samuels
Donations from other charities
Fundraising Events
Monthly Draw
Calendars
Gift Aid
Easy Fundraising
Paypal Giving Fund
Amazon Giving Fund
Give As You Live
Bank Interest
TOTAL INCOME

EXPENDITURE
Kennel Fees
Dog checks & treatment
Dog food & care
Dog Flights
Travel costs (to vet, airport, etc)
Paypal fees
Courier costs
Draw Prizes
Computer cost
Web site
Gift to Rescue & Re-Home Cyprus
New fencing & gravel
Replacement shed
Return crates
Exchange Difference
TOTAL EXPENDITURE

SURPLUS
££
20,307
11,355
21,109
950
4,516
5,090
1,722
4,117
713
721
345
26
699
71,670
13,414
9,945
8,092
10,429
999
60
122
80
51
103
170
2,806
622
296
74
47,263
£ 24,407

Love Cyprus Dog Rescue BALANCE SHEET AS AT 31 MARCH 2024

CURRENT ASSETS (£)

Opening Balance Movement Closing Balance 1 April 2023 (Net) 31 March 2024 Barclays: Old Current A/c 2,359 - 1,054 1,305 New Current A/c - 3,063 3,063 Deposit A/c 20,500 - 17,500 3,000 Business Premium A/c - 42,000 42,000 Paypal £ A/c 3,012 - 1,063 1,949 Paypal Euro A/c - 11 11 Cash In Transit - - 1,049 - 1,049 TOTAL 25,871 24,407 50,278

Euro Exchange Rate @ 31/3/2024 : £0.84

NOTES TO THE ACCOUNTS Year-Ending 31 March 2024

1) LCDR Accounts are cash-based but include cash-in-transit. Creditors £nil (2022/23 £nil)

2) The Paypal Euro account balance at 31 March 2023 was 13.00. (2022/23 Nil)

3) Individual dog accounting is not possible

10) LCDR has no Fixed Assets or any Leasing contracts.

11) LCDR does not pay any salaries but expenses are reimbursed

12) No direct office costs but we pay for a web-site & computer maintenance

13) Our main Kennel rates have again remained unchanged in the year but when they have been full we have used other kennels that are considerably more expensive.

14) We had fewer large Vetinary bills this year

15) We made a 200Euro donation to Rescue & Re-Home Cyprus (a charity)

16) Travel costs relate to moving our dogs eg to the vets or airport

17) LCDR made no political or campaigning donations (2022/23 £NIL)

18) We are transferring to a charge-free Barclays Bank Current Account in Leicester and opened a Business Premium Account.

20) The accounts use an Euro Exchange rate 0f £0.84 (rate on 31 March 2024). We had Exchange losses totalling £74

22) We purchased a new shed for £622 (used to store our dog crates)

23) Reserves are held to cover dips in donations and to help ensure dogs could be rehomed in the event of the charity closing.