Special Needs Older Rabblts Sanrtuary Registered Charity 1163102 PO Box 1269 Warrin8ton WAI 9GD -uk Email.. Snors enquiries@yahoo.com SNORS ANNUAL REPORT STATEMENT 2023124 Table of Content5 Sertlon I: Ch•rlty COMMI￿￿On Reportln8 Requlrements Sectlon 2: Trustees Aftnual Report 2023124 Sectlon 3: Re¢elpts and Payments Accounts SectSon 4: A Statem•nt of Ass•ts and Uabllltes Sertlon 5: An Audlt or Independent Examln•tlon of the Accounts Sectlon 6: HMRC Incom• Tax and VAT Sertion I: Charlty Comml$sk)n Reportin8 Requirements Speoal Need5 Older Rabbits Sanctuary is a Charitable Incorporated Organisation ICIOI. Charities are required to prepare and return the following information annually to the Charity Commission=_ Trustees Annual Report- prepared by Trustees Receipts and Payments Atcounts- prepared by Trustees A Statement of Assets and Liabilities - prepared by Trustees An Audit or Independent Examination of the Atcounts Sertlon 2: Trustees Annual Report 2032124 Charitable Ob ectives For the public benefit to relieve the suffering and distress of older and special needs rabbits in need of speclal care and attention by reason of sickness, neglect and mistreatment and in particular to provide an end of life sanctuary for the reception, care and treatment of such animals and to ed¥Jcate the public in their care throughout England and Wales. inA The Charity was formed in April 2015 and registered with the Charity Commisslon in August 2015. To give end of life love, care and companionship to rabbits in need of an experienced home environment which would otherwise not be re-horneable Only re-home from reputable rescues Iwe are unable to take rabbits from the general publicl Ensure rabblts are 8lven appropriate and Prompt medical treatment by a qualified veterinarlan Not to allow SLtfferin8 and ensure that once our rabbits have no quality of life. with veterinary agreement, we will have them humanely put to sleep Only take in rabblts where space and funds allow Actively fundraise to cover our veterinary costs Communicate the rabbit welfare message via our Facebook posts Provide advice and 5LtrPPOrt to the general public on rabblt welfare matters To be open and transparent in what we do To enjoy. love and respect the rabbits in our care All the Trustees declare and respond to the Charity Commission 8uidance on public benefit. In Its 9 year, the charity has had an increase in its income of around £6k. and its expendlture remained the same which was good news lor SNORS. We received Brants from three sources. Two from Animal Friends Insurance and two from Animal Protection Trust. We a150 received a grant from Paypal Giving Fund for taking part in One Tap Big Impact campaign. Our grants total was over £13k. This enabled to charity to make some important decisions regardin8 investing for its future. We received incredible 5UPPOrt from the public again this year, however, due to the ongoing financial crisis we experienced a significant drop in income of around £4k. which is considerable. This is definitely a worry for SNORS going forwards and we will need to manage our funds carefully in the future. This income stability for the charity enabled it to make some medium term investments, moving £20k to charity savings accounts where interest rates were higher than the Building Fund savings account. so as to make best use of its financial resources. The Trustees acknoweldged that these funds are likely to be needed for charities veterinarv and running costs in the future. So, the long term Building Fund goal of premises for the charity have been put on permanent hold, as its not forseeable in the ￿rrent climate. We have continued to provide support to members of the public who require advice on their own rabbits with special need5. this is takin8 more of our time. but proving extremely rewarding. Trustees There was no change to Trustees this finacial period. Fln ial Review Financiol Performonce - The total income for 2023124 was £39,842.64 includin8 Savings account Interest and the expenditure was £29,155.17. The overall net balance being £10.687.47. £20,0￿ of our fund5 has been transferred from the Bullding Fund to a higher rate savings account. The charOty'S overall net assets at the end of 2023124 was £46.908.34' (see breakdown below). £45.OCrt). SNORS Income and Expenditure £40.(KX).CN) É35.LMX).LXF £￿.L￿.(YJ £25,￿.[ £20.L￿) C15.(hXI.CQ £5.0)0.( 201¥16 2016117 20171111 01811. 19120 202 21 202U22 202212J 2023124 Inctyhe The charity was extremely fortunate to have a significant increase in fundln8 from grants compared to previous years, accountin8 for over 35% of its income. however there was only 34% of its income in donations cornpared to 54% the previous year. This is concerning for the charfrty, as relying on grants is a hu8e risk. The overall total costs incurred for veierinary treatment, medicinal products and equipment wa$ 75% of total expenditure. Veterinary costs appear to hove stabilised and are similar to the pre￿0v$ year. 2023124 Expenditure by Category Veterinary Treatment Tr. 63% Fundraisin8 Event5 Medicinal Products Equipmenl Running Costs 21% BREAKDOW14 OF FINANCE5 3113124 Current Account Balance £ 16.638.06 Trènsfer to Bulldlng Fund Savings Account £0 Building Fund Savin8s Account £10.088.77 1£20k from account transferred to UTB See belowl. Includes interest of £290.92 Interest Accrued on Building Fund SavSn85 UTB Savlngs Account 120 day5, notice £10,181.51 (includes interest of É181.511 UTB Savings Account 2 year fixed rate £10,(￿.00 TOTAL NET ASSEfs end oy2023/24 £46.908.34 We are plannin8 to use the remalning £587 restrlrted funds LUSH UK charity pot scheme on tarpaulin sheet5 for the ouidoor runs. whlch, due to supplier difficulties, have yet to be purchased. We recelved £1261.94 8ift aid dalm thls financial year. Reserves Policy- Trustees monitor the charitvs income and expenditure on a monthly by basis enabling careful management of its finances by using the reserves policy. This ensures that there are sufficent reserves to continue to support the rabbits in the charity's care for the remainder of their lives. The Trustees have agreed that £41Kl per rabbwt will be held in reserve, we will keep this figure continously in rewew. When charity funds drop near to rts reserve the charity will take no additional rabbits into its Care until the Trustees have reviewed its financial position. We believe th￿$ is required to maintain our high standard of care. Sertlon 3: Receipts and Payments Attounts The Trustees have agreed that SNORS will prepare its accounts on a Receipts and Payments basis. This is permitted under Section 144 of the Charities Act 2011 for small charities where the gross income does not exceed £250.000. The accounts have been completed using the Charity Commission standard proforma spreadsheet ICC16al which provides analysis of the incomin8 and outgoing cash for the year 2023124. The Trustees believe our accounts to be a true and fair representation of the charitys income and expenditure for the year 2023124. Recei tsand ments accounts CC16a For the pariod fvorn 01-A r-23 31-Mar-24 Section A Receipts and payments lund• fvnd fundi Totsl fvnd• Latst y••1 i• th• n••r••t£ A1 Rocoi edI￿nal Pro¢v¢t$ eiAT retu￿> Intere$1 on Sgvings acc<¥Jnt8 iltmbElS' Sub¥Aipiw$. SwTriof*h FvDdraiSin• Ev•nts •ci•i. UnT•$trKtyY Gr4r Anirn81 Friends IniurnnE•- Re¥trthd Sale ul Don8ivd GocAYs E4*ylundiaisin* Oth•r Incomo Girt Claim Ruhning colts ￿led￿1Th￿l Pro￿￿ts Equipmeni Ir•fundl 472 472 69 4612 27.410 4,235 21,99J 27,410 l.Q22 1.262 1.022 28 or 39,643 J9.843 J3,340 A2 A¥sot and In¥Mkn•nt •ib•• Cost ol Charit4W *uTrt du• Wh•fi du• BO Ll*bllltl•• gnod by one ￿ ts¥o trU•t0￿ M bthaWol¥l ustse$ Date of &9n•tu Print Narng Chns Harr4ii Sharon We4¥er 2410112025 2410112025 Section 4: A Statement of Assets and UabSlltes Assets.. Numerous items were purchased this financial year by the charity for rts charitable purpose. Those purchased are listed below in full..- AO Tumble Dryer for dryrng rabbit bedding Crate mats x 8 £389.00 £216.￿) GOR PETS PLASTIC SHEET Perspex Sheets for Walls and Door £150.30 PETLIFE INTERNATIONAL Posturpal Covers x 3 £149.30 KETER UK Outdoor Hay storage unit £126.00 AMAZON Incontinence sheeis x 6 £85.37 AMAZON Folding puppy pens x 2 £83.85 AMAZON Cat tunnels x 4 £72.16 AMAZON Incontinence sheets x 2 £59.96 AMAZON Storage boxes for accounts ¥ 3 £53.94 AMAZON Waterproof mats x 2 £50.98 AMAZON Hay pop up storage ba8s x 2 £45.98 EUROFIT DIREcr 8ar Latches for runs x 2 £41.75 AMAZON Fold up play pens x 2 £39.95 DUNELM Ru85 and Mats £39.C IKEA LTD Rugs and mats £37.00 AMAZON Mesh for Bates £36.20 AMAZON Incontlnence Sheets x 2 £36.04 IKEA LTD Plastic Storage boxe5 £36.00 AMAZON Hay storagÈ pop up bags x 2 £35.98 Izettle Merchant Servlces liettle device £34.80 AMAZON Herb dryin8 Racks x 2 £31.98 AMAZON Pet heat pad £30.39 Ryman Stora8e boxes for accounts x 3 £29.94 AMAZON Electric heat mat £29.74 AMAZON Pop up hay storage bags x 3 £27.C#J AMAZON Pet hèirdryer £27.00 AMAZON Fly zapper £25.99 AMAZON Cat tunnel £25.19 Facebook Marketplace Pet Carrier lusedl £25.C#J AMAZON Taupaulin £18.99 AMAZON Pet Camera £18.09 AMAZON Top and Tail bowl x 2 £16.98 AMAZON Fly mesh for d¢)or Screen £14.99 AMAZON Pet bowls £11.96 AMAZON Ma8neti¢ tape for fly screen £10.79 HOME BARGAINS Throws x 2 £7.98 AMAZON Wipe Board £2.75 For the purpose of Charity Commlssion reportin8, an 'asset' is an item that is goin8 to be used over multiple year5 . such a5 computers, plinters, etc. The top 9 currently most valuable 'assets' the charity holds have been included on the annual account spreadsheet (due to space on the forml. Truslees amended the way assets will depreciate, they agreed that each year an asset w511 depreciate by 25% of its original value, 8ivin8 assets a lÉfespan of 4 years. Liobilities.. The charlty has no listed liabilities. S•rtlon 5: An Audlt or Independent Examlnatbon ol th* Accounts This is required where the charlty5 8ross income is over £25,fXK). As our Income for the current flnancial year is at £39,842.64 Ilncludin8 interest earned on the Savings accountsl the Charity has fonunately been offered the services of Philip McGowan. who has independently e¥amined the accounts. Phillp is a Chartered Accountant who qualified n an audit and accountancy role. and has since worked in a number of roles in industry. includln8 in the charitable sertor. (HARITY COMMISSION FOR ENGLAND AND WAIES Independent examiner's report on the accounts Section A Independent Examinerfs Report R•port to the trustees Spec￿1 Needs Older Rabbrts Sanctuary On accounts for th• year ended 31# March 2024 Charity no lif any) 1163102 Set out on pagos I report to the Iruslees on my examination of the accounts of the above charity I'the Trust") for the year ended 3110312024. Rèsponsibilitios and basis of report As the charity's Iruslees, you are rèsponsible for the preparation of the accounls in accofdance with the requi￿rnents of the Charities Act 2011 Ilhe Acri. I reFX)rt in respect of my examinats'on of the Trust's accounts carried oul under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicabFg Directions given by Ihe Charity Commission under secti)n 14515llbl of the Act. Indèyndént I have completed my examinat￿n. l ¢onfirm that no material matters have oxamlner's statemeni come lo my attention in connection with the examination which gives me cause lo believe Ihal in. any material respect.. the accounting records We￿ not kept in accordance with section 130 of the Charttses Act.. Of the accounts dKI not accord with the accounting records.. or the accounts not compty wlh the applicable requirements concerning the fomi and ￿ntent of accounls sel out in the Charities (Accnunls and Reportsl Regulations 2008 other Ihan any requirement that the accounts give a 'true and fair, view which is nol a matter constdered as part of an independent examinats'on. I have no concerns and have come a¢ro$$ no other matters in connection with the examination to which attention should be cjrawn in this report in order lo enable a proper undorslanding of the accounts lo be reached. Slgn•d: Date.. 231011202S Name: Philip McGowan Relevant prof•¥slonal qualification{¥) or body (If any): FCA Addr•ss: 8 Lime Grove Nottingham NG9 7GF IER Oct 2018 Seclion B Disclosure Orily CQfiiPio16 li inv vxariiiiivf r)eeus 10 nigniigni marenai matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Glv¢ hore brlef dots11¥ of any itgms that the oxaminer wlshes to disclos6. IER Oct 2018 Sectlon 6: HMRC Income Tax and VAT VAT- SNORS are not rr tered for VAT as our ch ritable turnover is less than £85 OC(). Details below are from the Govemment website-. You must register for VAT if your charit s VAT taxable turnover Ithe total value of everything you sell that isn't exernpt from VATI is more than £85,￿￿., 'If everything you sell is exem from VAT you do not have to register for VAT., Being registered with HMRC entitles the charity to s al VAT reli rtain rodutts an rvices. We pay VAT at Source at the on applicable products and services and take advantage of the zero rated VAT on medicinal products and medical and scientific equipment. by providing applicable suppliers with a 'declaration' tonfirming that we are eligible for VAT relief. From the Government web51te:_ 'Charities do not pay tax on most fin ome as long as they use the money for charitable ur ose The small proportion of OUT activities which could be classed as'charitable tradln¢ is less than 1% of the charitls overall income. We believe this falls under paragraphs 13-15 of the small scale non charitable irading exemption. whereby the charÉtVs annual trading turnover is less than £8.(￿) or 25% of its total income resources. htt activities-ba51C- ov.u overnmen ublications charities4letalled- uidance-note tion-f r-small-scale-non-charitable-rradin annex-iv-tradin -and-business- les#exem SNORS sponsorshlp scheme currently operates within an exemption as no minimum payment is requested and there is no signlficant benefit provided in return for sponsorship. We believe SNORS income is exempt from Income Tax. SNORS carries forward total net assets of £46,908.34 which has accrued with full compllance of the current tax and VAT svstems. Declored as ¢orwt on behomoj the Trustees.'_ Lkclored 05 corrert on beha4f of the Trusrees.'_ Name.. Chris Harnlin Name.. Sharon Weaver Dated.. Dated.. 3w/i125 SNORS Trustee SNORS Trustee & Secretary