COMPANY REGISTRATION IYUMBER 09596510
GOODHEART ANIMAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
FINANCIAL STATEMENTS
FOR THE SEVEN MONTHS EIYDED
31 DECEMBER 2020
Charity Number 1162923

GOODHEART ANIMAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
FINANCIAL STATEMENTS
SEVEN MONTHS ENDED 31 DECEMBER 2020
CONTENrs
PAGE
Reference and administrative details of the charity, its trustees and advisers
Trustees, Report
Independent auditors, report
Statement of financial activities (incorporating the income and
expenditure account)
11
Balance sheet
12
Statement of cashflows
13
Notes to the fll]ancial statements
14

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GOODHEART ANIMAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
REFERENCE AND ADMINISTRATIVE DETAILS, TRUSTEES AND ADVISERS
Registered charity name
Goodheart Animal Sanctuaries
Charity number
1162923
Company registration number
09596510
Registered oifice
The Nickless Farni
Milson
Kiddernlinster
Worcestershire
DY14 OBE
Directors and trustees
J L Cross
D Jones
D A Walker
Company secretary
D Jones
Independent auditors
Haines Watts
Chartered Accountants
Sterling House
97 Lichfield Street
Tamworth
Staffordshire
B79 7QF

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GOODHEART ANIMAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
TRUSTEES ANNUAL REPORT
SEVEN MONTHS ENDED 31 DECEMBER 2020
The Trustees, who are also directors for the purposes of company law, present their report and the
audited financial statements of the company for the seven months ended 31 December 2020.
The Trustees confirm that the Annual Report and fmancial statements of the charitable company comply
with the current statutory requirements, the requirements of the company's governing document and the
provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) (effective l January 2015) as amended by Update Bulletin l (effective l January
2015).
Since the Charity qualifies as small under section 383 the strategic report required of medium and large
companies under The Companies Act 2006 (Strategic Report and Directors, Report) Regulations 2013
is not required.
REFERENCE AND ADMINISTRATIVE DETAILS
Reference and athninistrative details are shown in the schedule of members of the board and professional
advisers on page l of the financial statements.
OBJECTIVES AND ACTIVITIES
Policies and objectives
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.
The Charity has been established for:
l. The relief of suffering of animals in need of care and attention, particularly by the provision of
facilities for the running of animal sanctuaries; and
2. The conservation, preservation and protection of endangered species of animals.
b. Activities for achieving objectives
It is the intention of the Charity to establish one or more animal sanctuaries and to also make grants to
organisations involved in the conservation, preservation and protection of endangered species of
animals. It is also intended to make grants to organisations involved in conservation and providing care
for rescued animals.

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GOODHEART ANIMAL SANCTUIIRIES
COMPANY LIMITED BY GUARANTEE
TRUSTEES ANNUAL REPORT (c
ontinued)
SEVEN MONTHS EIWED 31 DECEMBER 2020
ACHIEVEIVIENfs AND PERFORMANCE
Review of activities l June 2020 to 31 December 2020
Goodheart Animal Sanetuaries
The priorities for this period were the ongoing development of the Goodheart Farn] Animal Sanctuary
which is based at Nickless Fann; the adaption of our Education and Outreach Pro.(rramme in light of
Covid 19; the development of the charity's small Fundraising and Marketing Team and extending
further support for Wiccaweys Rescued Border Collies and Working Sheepdogs.
Goodheart Farm Animal Sanctuary
The Farn] Animal Sanctuary continued to provide excellent care for the rescued animals who live within
its 92 acres. reflecting its verification status under the Global Federation of Sanctuaries.
During the period the Sanctuary rescued 18 animals, taking it to near capacity, with 370 animals in total.
Two further Animal Care Assistants were recruited and trained.
Planning pernlission was granted for the new pig barn design and the work started in December 2020.
Plans were drawn up for the construction of a Home for Rescued Hens which will have the capacity for
caring for 160 rescued hens at any one time.
Goodheart Education and Outreach
Goodheart's Education and Outreach Manager adapted the education programme in light of Covid 19
and was able to successfully deliver on the following:
Development and delivery of a visitor programme which specifically offers a high-quality, hands-on
experience for small groups (up to 6),
the adaption of the education provision to have more of a digital focus offering online lessons,
collaborating with other likeminded organisations such as Compassion in World Farnling to produce an
educational webinar, producing a series of shor¢ educational lectures ivhich were broadcast across our
social media channels,
begin work on the outdoor education area using funding already secured. Info on outdoor education area
can be found here: https://wMv.(yoodheartanimalsanctuaries.com/goodheart-outdoor-education-arLa/
Goodheart Fundraiising Team
In August 2020, Goodheart recruited a Fundraising Manager who was joined later by a Marketing
Assistant. As a team they have developed fundraising strategies for Goodheart. Appeals were
fonnulated; initially as an emergency request for funds to help during the Covid-19 pandemic which
met its target of £5,000. The groundwork was laid to develop income streams from corporate parthers.
challenges and events; individual giving; community; appeals and grants. In addition the existing
membership and adoption programme was reviewed and priority given to redevelopment of the adoption
programme which is underway.
The creation of engaging posts for Goodheart's social media platfornis saw followers increase to 5,500.

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GOODHEART ANIMAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
TRUSTEES ANNUAL REPORT (contlnued)
SEVEN MONTHS ENDED 31 DECEMBER 2020
Wiccaweys Rescued Border Collies and Working Sbeepdogs
Goodheart continued to provide financial support to enable Wiccaweys Rescued Border Collies and
Working Sheepdogs CIC to manage a care team to help with the rehabilitation and rehoming of the
rescued dogs. While rehoming numbers reduced due to Covid-19, Wiccaweys continued to work within
the guidelines to rehome dogs and also work with colleagues in Romania and Ireland bringing over dogs
in need of homes where possible. Wiccaweys and Goodheart started consultation with ACD Projects to
plan the redevelopment of the kemlel facilities which are in need of an upgrade. Initial designs were
drawn up and, while work continues on this, a fundraising strategy will be developed to raise tlie
necessary funds.
Covid-19
Goodheart Animal Sanctuaries has a small core team who work mainly from home. We also have our
animal care team at the Farn] Animal Sanctuary and support the care team at Wiccaweys. During the
first lockdown and subsequently throughout 2020, Goodheart followed all government guidelines and
thankfully did not have any confimed Covid-19. No one in the charity was furloughed as we could not
spare any of our &qrers and the core team continued to focus on fundraising.
Investment policy and perforniance
Surplus cash balances are currently held on deposit at reputable financial institutions to facilitate easy
access to manage the liquidity of the Charity.
FINANCIAL REVIEW
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
have adopted the (Toing 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. Financial management
The management team prepare the annual operational budget for the charity and this is approved by the
Trustees prior to the commencement of the financial period.
The Trustees receive quarterly reports on the financial perforniance of the charity. These include an
income and expenditure statement compared to budget.
c. Reserves policy
The trustees have established a policy whereby the unrestricted funds not committed or invested in
tangible fixed assets ("the free resenies") held by the charity should be approximately 6 months basic
running costs which equates to approximately £163,000 in general funds. We are currently working
towards this target.

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GOODHEART ANIMAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
TRUSTEES ANNUAL REPORT (coniinued)
SEVEN MONTHS ENDED 31 DECEMBER 2020
STRUCTURE, GOVERNANCE AND IIqANAGEMENT
Constitution
The company is registered as a charitable company limited by guarantee and was set up by a
Memorandum of Association on 18 May 2015. Its registered charity number is 1162923.
b. Method 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 tern]s of the Articles of Association.
Risk management
The Trustees have assessed the major risks to which the Charity is exposed, in particular those related
to the operations and finances of the Charity and are satisfied that the systems and procedures are in
place to mitigate its exposure to the major risks.
PLANS FOR FUTURE PERIODS
The continuing development of the Fundraising team, which will include a 3-5 year strategy, to help the
charity become more self-sufficient in ternis of operating costs as well as securing funds for capital
projects.
The outdoor education area will be completed and a new programme of outdoor learning for primary,
secondary and special educational needs and disabilities students will be launched. This will also include
animal assisted interventions for small, controlled groups of children and young people. The new Forest
School 'After school and holiday club, aiming to get more young children outside and interacting with
the natural world, will begin in spring/summer 2021.
li
At the Farni Animal Sanctuary, the construction of the pig barn will be completed as will the
construction of a toilet block for the use of visitors and school groups.
The team will work to secure funding for and construct the new hen area and begin fundraising for 2022
construction plans to include the stable and intensive care block (subject to planning perniission).
A late summer Open Day is being planned (Covid-19 allowing) and plans for the 2nd Goodheart Gala;
originally scheduled for July 2021, will continue with a view to hosting the event early in 2022.
At Wiccaweys the plans for the redevelopment of the kennels will be completed and submitted for
planning approval.

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GOODHEART ANIMAL SANCTUIIRIES
COMPANY LIMITED BY GUARANTEE
TRUSTEES ANNUAL REPORT (contlnued)
SEVEN MONTHS ENDED 31 DECEMBER 2020
TRUSTEES, RESPONSIBILrrES STATEMENT
The Trustees (who are also directors of Goodheart Animal Sanctuaries for the purposes of Company
Law) are responsible for preparing the Trustees, Report and the financial statements in accordance with
applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law requires the Trustees to prepare fmancial statements for each fmancial period. Under
company law the Trustees must not approve the fmancial statements unless they are satisfied that they
give a true and fair view of the state of affairs of the charitable company and of the incoming resources
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and the application of resources, including the income and expenditure, of the charitable company 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;
li
Make judgements and accounting estimates that are reasonable and prudent;
Prepare the financial statements on a going concern basis unless it is inappropriate to presume
that the charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charitable company's transactions and disclose with reasonable accuracy at any time the
financial position of the charitable company and enable them to ensure that the fmancial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the
charitable company and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
DISCLOSURE OF INFORMATION TO AUDITORS
Each of the persons who are Trustees at the time when this Trustees, Report is approved has Conf￿Med
that;
so far as that Trustee is aware there is no relevant audit information of which the charitable
company's auditors are unaware; and
that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be
aware of any relevant audit inforniation and to establish that the charitable company's auditors
are aware of that information.
AUDITORS
The auditors, Haines Watts, have indicated their willingness to continue in office. The Delegated
Trustees will propose a motion re-appointing the auditors at a meeting of the Trustees.
This report was approved by the Trustees on 20 May 2021 and signed on their behalf by;
- Director

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GOODHEART ANIMAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF
GOODHEART ANIMAL SANCTUARIES
SEVEN MONTHS ENDED 31 DECEMBER 2020
Opinion
We have audited the financial statements of Goodheart Animal Sanctuaries (the 'charitable company,)
for the seven months ended 31 December 2020 which comprise the statement of fmancial activities,
balance sheeL statement of cashflows and notes to the financial statements, including a summary of
significant accounting policies. The fmancial reporting framework that has been applied in their
preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting
Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United
Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 December 2020,
and of its incoming resources and application of resources, including its income and
expenditure, for the period then ended;
Iiave been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditor's
responsibilities for the audit of the fmancial statements section of our report. We are independent of the
charitable company in accordance with the ethical requirements that are relevant to our audit of the
financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other
ethical responsibilities in accordance with these requirements. We believe that the audit evidence we
have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
We have nothing to report in respect of the following matters in relation to which the ISAS (UK) require
us to report to you where:
the trustees, use of the going concern basis of accounting in the preparation of the fmancial
statements is not appropriate; or
the trustees have not disclosed in the financial statements any identified material uncertainties
that may cast significant doubt about the charitable company's ability to continue to adopt the going
concern basis of accounting for a period of at least twelve months from the date when the financial
statements are authorised for issue.
However, not all future events or conditions can be predicted. The COVID-19 viral pandemic is one of
the most significant economic events for the UK with unprecedented levels of uncertainty of outcomes.
It is therefore difficult to evaluate all of the potential implications on the Charity, its activities and the
wider economy.

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GOODHEART ANIMAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
GOODHEART ANIMAL SANCTUARIES (conlinued)
SEVEN MONTHS ENDED 31 DECEMBER 2020
Other inforniation
The trustees are responsible for the other inforniation. The other inforn]ation comprises the inforniation
included in the trustees, annual repor¢ other than the fmancial statements, and our auditor's report
thereon. Our opinion on the fll]ancial statements does not cover the other inforniation and, except to the
extent otheThvise explicitly stated in our report, we do not express any forni of assurance conclusion
thereon.
In connection with our audit of the financial statements, our responsibility is to read the other
inforn]ation and, in doing so, consider whether the other inforniation is materially inconsistent with the
financial statements or our knowledge obtained in the audit or otherwise appears to be materially
misstated. If we identify such material inconsistencies or apparent material misstatements, we are
required to detern]ine whether there is a material misstatement in the financial statements or a material
misstatement of the other inforn]ation. If, based on the work we have perforn]e(L we conclude that there
is a material misstatement of this other infortnation, we are required to report that fact.
We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts
and Reports) Regulations 2008 require us to report to you if, in our opinion:
the inforniation given in the fmancial statements is inconsistent in any material respect with the
trustees, report; or
the charitable company has not kept adequate accounting records; or
the financial statements are not in agreement with the accounting records and returns; or
we have not received all the inforn]ation and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the trustees, responsibilities statement set out on page 6, the trustees (who
are also the directors of the charitable company for the purposes of company law) are responsible for
the preparation of the financial statements and for being satisfied that they give a true and fair view, and
for such internal control as the trustees deterniine is necessary to enable the preparation of financial
statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's
ability to continue as a going concern, disclosing, as applicable, matters related to going concern and
using the going concern basis of accounting unless the trustees either intend to liquidate the charitable
company or to cease operations, or have no realistic alternative but to do so.

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GOODHEART ANIMAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
GOODHEART ANIMAL SANCTUAIUES (continued)
SEVEN MONTHS ENDED 31 DECEMBER 2020
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 201 l and report in accordance
with regulations made under section 154 of that Act.
Our objectives are to obtain reasonable assuTh2nce about whether the financial statements as a whole are
free from material misstatemenL whether due to fraud or error, and to issue an auditor's report that
includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an
audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected to infiuence the economic decisions of users taken on the
basis of these financial statements.
As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain
professional scepticism throughout the audit. We also:
Identify and assess the risks of material misstatement of the financial statements, whether due
to fraud or error, design and perfornl audit procedures responsive to those risks, and obtain audit
evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting
a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may
involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumsLqnces, but not for the purpose of expressing an opinion
on the effectiveness of the charitable company's internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the trustees.
Conclude on the appropriateness of the trustees, use of the going concern basis of accounting
and, based on the audit evidence obtained, whether a material uncertainty exists related to events or
conditions that may cast significant doubt on the charitable company's ability to continue as a going
concern. If we conclude that a material uncertainty exists, we are required to draw attention in our
auditor's report to the related disclosures in the fmancial statemènts or, if such disclosures are
inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the
date of our auditor's report. However, future events or conditions may cause the charitable company to
cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the financial statements, including
the disclosures, and whether the financial statements represent the underlying transactions and events in
a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned
scope and timing of the audit and significant audit findings, including any significant deficiencies in
internal control that we identify during our audit.

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GOODHEART ANIMAL SANCTUARIES
COMPAIYY LIMITED BY GUARANTEE
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
GOODHEART ANIMAL SANCTUARIES (continued)
SEVEN MONTHS ENDED 31 DECEMBER 2020
Use of our report
This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of
the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that
we might state to the charitable company's trustees those matters we are required to state to them in an
auditor's report and for no other purpose. To the fullest extent pern]itted by law, we do not accept or
assume responsibility to anyone other than the charitable company and the charitable company, s trustees
li
as a body, for our audit work
or this report. or for the opinions we have forn]ed.
Stephen Butler BA FCA (Senior Statutory Auditor)
For and on behalf of Haines Watts
Chartered Accountants and Statutory Auditors
Sterling House
97 Lichfield Street
Tamworth
Staffordshire
B79 7QF
20 May 2021

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GOODHEART ANIIIqAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES ONCORPORATING THE
INCOME AND EXPENDITURE ACCOUNT)
SEVEN MONTHS ENDED 31 DECEMBER 2020
Unrestricted Restricted Total funds
funds
funds
Dec 2020
Total funds
May 2020
Note
INCOMING RESOURCES
Incoming resources from generating funds:
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Investment income
Donations and grants
Other incoming resources
13
210290
7,481
13
272,415
7,481
16
495,939
7,519
62,125
TOTAL INCOMING RESOURCES
217,784
62,125
279,909
503,474
RESOURCES EXPENDED
Charitable Activities
Support costs
259262
46291
25,726
284,988
46291
470,365
73,008
TOTAL RESOURCES EXPENDED
305,553
25,726
331279
543,373
NET MOVEMENT IN FUNDS FOR
THE PERIOD
(87,769)
36J99
(51 J70)
(39,899)
RECONCILIATION OF FUNDS
Total funds brought forward
3?51500
5,500
3J57,000
3,396,899
TOTAL FUNDS CARRIED FORWARD
3263,731
41,899
3J05,630
3,357,000
The Statement of Financial Activities includes all gains and losses in the period and therefore
a statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
11
The notes form part of these financial statements.

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GOODHEART ANIMAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
BALANCE SHEET
31 DECEMBER 2020
Dec 2020
May 2020
Note
FIXED ASSETS
Intangible assets
Tangible assets
1237
3219,452
2,968
3,210,225
CURRENT ASSETS
Stock
Debtors
Cash at bank and in hand
500
65,610
40,030
1,000
113,232
44,216
106,140
21,199
158,448
14,641
CREDITORS: amounts falling due within one year
10
NET CURRENT ASSETS
84,941
143,807
TOTAL ASSETS LESS CURREiYf LIABILITIES
3,305,630
3,357,000
NET ASSETS
3J05,630
3,357,000
Restricted funds
Unrestricted funds
11
12
41,899
3263,731
5,500
3,351,500
TOTAL FUNDS
3J05,630
3,357,000
These financial statements were approved by the Trustees and authorised for issue on the 20 May 2021
and are signed on their behalf by:
er - Director
Company Registration Number: 09596510
The notes forn] part of these financial statements.

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GOODHEART ANINIAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
STATEMENT OF CASH FLOWS
31 DECEMBER 2020
Dec 2020 May 2020
Note
CASH FLOWS FROM OPERAT]NG ACTIVITIES
Net cash provided by operating activities
13
35,842
15,802
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of tangible fixed assets
Purchase of intangible assets
NET CASH USED IN INVESTING ACTIVITIES
(40,028)
(36,753)
(40,028)
(36,753)
CHANGE IN CASH AND CASH EQUIVALENTS IN THE
PERIOD
(4,186)
(20,951)
Cash and cash equivalents brought forward
CASH AND CASH EQUIVALENTS CARRIED FORWARD
44216
65,167
40,030
44,216
RELATING TO: Cash at bank and in hand
40,030
44,216
The notes forni part of these financial statements.

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GOODHEART ANIMAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
SEVEN MONTHS ENDED 31 DECEMBER 2020
ACCOUNTING POLICIES
Basis of accounting
The fmancial statements of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP (FRS102) '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
(FRS102) (effective l January 2015),, Financial Reporting Standard 102 'The Financial Reporting
Standard applicable in the UK and the Republic of Ireland, and the Companies Act 2006. The
financial statements have been prepared under the historical cost convention.
Critical accounting judgements and key sources of estimation uncertaiinty
In the application of the company's accounting policies, which are described in this note, Trnstees
are required to make judgements, estimates and assumptions about the carrying values of assets
and liabilities that are not readily apparent from other sources. The estimates and underlying
assumptions are based on historical experience and other factors that are considered to be relevant.
Actual results may differ from these estimates. The estimates and underlying assumptions are
reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in
which the estimate is revised if the revision affects only that period.
Company status
The charity is a company limited by guarantee. The members of the company are the trustees
named on the members of the board page. In the event of the charity being wound up the liability
in respect of the guarantee is limited to £1 per member of the charity.
FuDd 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.
Designated funds comprise of unrestricted funds that have been set aside by the trustees for
particular purposes.
Restricted funds are fimds which are to be used in accordance with specific restrictions imposed
by donors or which have been raised by the charity for particular purposes. The cost of raising and
administering such funds are charged against the specific fund. The aim and use of each fund is set
out in the notes to the financial statements.
Income
All incoming resources are included in the statement of financial activities when the charity is
entitled to the income and the amount can be quantified with reasonable accuracy.
Income tax recoverable in relations to donations received under Gift Aid or deeds of covenant is
recognised at the time of the donation.
Investment income is included where receivable.

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GOODHEART ANIMAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
SEVEN MONTHS ENDED 31 DECEMBER 2020
ACCOUNTING POLICIES (continued)
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic
benefit to a third paty, it is probable that a transfer 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 are apportioned between those activities on a basis consistent with the
use of resources.
Grants payable are charged in the year when the offer is made except in those cases where the offer
11
is conditional, such as grants being recognised as expenditure when the conditions attaching are
fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as
a commitment but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful economic life of that asset as follows:
Branding
25 % on a straight line basis
Fixed assets and depreciation
All fixed assets are initially recorded at cost.
A review for impairn]ent of a fixed asset is carried out if events or changes in circumstances
indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the
carrying value of fixed assets and their recoverable amounts are recognised as impairments.
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Impairnient losses are recognised in the Statement of Financial Activities incorporating Income
and Expenditure Account.
Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment.
Depreciation is not charged on freehold land. Depreciation is provided at rates to write off the cost
of fixed assets, less their estimated residual value, over their expected useful lives on the following
basis:
Freehold property
Buildings improvements
Equipment
Vehicles
2 % on a straight line basis. Land is not depreciated.
2 % on a straight line basis
25 % on a straight line basis
25 % on a straight line basis

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GOODHEART ANIMAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
SEVEN MONTHS ENDED 31 DECEMBER 2020
ACCOUNTING POLICIES (contlnued)
Debtors
Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the
amount prepaid.
Cash at bank and in hand
Cash at bank and in hand includes cash and short terni highly liquid investments with a short
rnaturity of three months or less from the date of acquisition or opening of the deposit or similar
li
account.
Liabilities
Liabilities are reCO￿lSed when there is an obligation at the Balance Sheet date as the result of a
past even( 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.
Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic fmancial
instruments. Basic financial instruments are initially recognised at transaction value and
subsequently measured at their settlement value.
INVESTMENT INCOME
Dec 2020
May 2020
Interest received
13
16
OTHER INCOMING RESOURCES
Dec 2020
May 2020
Rural payments agency
Miscellaneous income
7,446
35
7,459
60
7,481
7,519

Page 17
GOODHEART ANIMAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
SEVEN MONTHS ENDED 31 DECEMBER 2020
ANALYSIS OF TOTAL RESOURCES EXPENDED
Charitable
activities
Support
costs
Total funds
May 2020
Dec 2020
Cost of raising funds
34,054
3,288
37J42
60.538
Support to other animal sanctuaries
and charities
77J39
6,436
83,775
156,313
Support Goodheart Anllnal Sanctuary
173,595
36,567
210,162
326,522
284,988
46291
331279
543,373
Support to other sanctuaries comprise various contributions to the Farm Animal Sanctuary and to
Wiccaweys Rescued Border Collies and Working Sheepdogs CIC. In addition to these monetary
contributions both the Fann Animal Sanctuary and Wiccaweys Rescued Border Collies and Working
Sheepdogs CIC also benefit from the occupancy of land and buildings owned by the charity on a rent-
free basis.
4a. SUPPORT COSTS ALLOCATION
Total
May
2020
Facilities
and estates Management
Total
Dec 2020
Costs of raising funds
Charitable activities - Relief of suffering of
animals
Support to other animal sanctuaries and
charities
Support Goodheart Animal Sanctuary
3,288
3288
8,144
6,436
14,445
6,436
9,726
36,567 55,138
22,122
22,122
24,169
46291 73,008
All indirect support costs have been allocated into our main areas of expenditure as required by Charities
SORP FRS 102. This gives an allocation of our resources as follows:
Costs of generating funds
Charitable activities - support to other sanctuaries
27.14%
Charitable activities- support to Goodheart Animal Sanctuary 60.91 %
Facilities and estates are primarily allocated on a usage basis whilst management costs are allocated on
the basis of direct resources spent.

Page 18
GOODHEART ANIMAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
SEVEN MONTHS ENDED 31 DECEMBER 2020
NET MOVEMENT IN FUNDS FOR THE PERIOD
This is stated after charging:
Dee 2020
May 2020
Auditors, remuneration
Amortisation
Depreciation
4200
1,731
30,801
4,200
2,968
51,912
STAFF COSTS AND EMOLUMENTS
Total staff costs were as follows:
Dec 2020
May 2020
Wages and salaries
Social security costs
Other pension costs
91,988
4J25
1,963
123,621
7,911
2,580
98276
134.112
Particulars of employees:
The average number of employees during the period was as follows:
Dec 2020
May 2020
Sanctuary staff
No employee received remuneration of more than £60,000 pro rata during the period (May 2020 -
Nil).
INTANGIBLE FLXED ASSETS
Total
COST
At l June 2020
Additions
11,872
At 31 December 2020
11,872
DEPRECIATION
At l June 2020
Charge for the period
At 31 December 2020
8,904
1,731
10,635
NET BOOK VALUE
At 31 December 2020
1,237
At 31 May 2020
2,968

Page 19
GOODHEART ANIMAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
SEVEN MONTHSENDED 31 DECEMBER 2020
TANGIBLE FIXED ASSETS
Land and
Building
buildings improvements Equipment
Vehicles
Total
COST
At l June 2020
Additions
Disposals
2,992J80
333,638
39,658
44200
370
14,934 3J85,152
40,028
At 31 December 2020
2,992J80
373296
44,570
14,934 3,425,180
DEPRECIATION
At l June 2020
Charge for the period
On disposals
At 31 December 2020
112216
17,766
20277
4J57
31232
6,500
11202
2,178
174,927
30,801
129,982
24,634
37,732
13J80
205,728
NET BOOK VALUE
At 31 December 2020
2,862J98
348,662
6,838
1554 3,219,452
At 31 May 2020
2,880,164
313,361
12,968
3,732 3,210,225
DEBTORS
Dec 2020
May 2020
Trade debtors
Other debtors
Prepayments
125
102,306
10,801
58,107
7503
65,610
113.232
10. CREDITORS: amounts falling due within one year
Dec 2020
May 2020
Trade creditors
PAYF. and social security
Accruals
8J51
3,955
8,893
5,450
2,837
6,354
21,199
14,641

Page 20
GOODHEART ANIMAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2020
11. RECONCILIATION OF RESTIUCTED FUNDS
Balance at
l Jun 2020
Incoming
resources
Outgoing
resources
Balance at
31 Dec 2020
Beryl Evetts & Robert Luff
Animal Welfare Trust
Roger & Douglas Turner
Charitable Trust
Moondance Foundation
National Lottery
L E Andrews
Sylvia Waddilove
Foundation
Olsen Animal Trust
2,500
(2500)
3,000
(3,000)
(12226)
33,150
975
5,000
20,924
975
(5,000)
3,000
20,000
(3,000)
20,000
5500
62,125
(25,726)
41,899
12. RECONCILIATION OF UNRESTRICTED FUNDS
Balance at
l Jun 2020
Incoming
resources
Outgoing
resources
Balance at
31 Dec 2020
General Funds
3J51,500
217,784
(305,553)
3,263,731
13. CASH GENERATED FROM OPERATIONS
Dec 2020
May 2020
Net movement in funds for the period
(51?70)
(39,899)
Adjustments for:
Depreciation of tangible assets
Amortisation of intangible assets
30,801
1,731
51,912
2,968
(18,838)
14,981
Movements in working capital:
Decrease/(Increase) in stock
Decrease/(Increase) in debtors
(Decrease)nncrease in creditors
500
47,622
6,558
903
7,989
(8,071)
Cash generate(V(used in) from operations
35,842
15,802

Page 21
GOODHEART ANIMAL SANCTUARIES
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2020
14. RELATED PARTY TRANSACTIONS
During the seven months ended 31 December 2020 the charity received donations amounting to
£113,126 (May 2020: £394,502) from the Trustees, excluding gift aid recoveries.