Registered number: 1163829
FRENCH BULLDOG SAVIOURS DIRECTOR'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2020
SW&P Ltd
Dale House, 64 Fink Hill
Horsforth Leeds LS18 4DH
French Bulldog Saviours Director's Report and Financial Statements For The Year Ended 31 October 2020
Contents
| Contents | |
|---|---|
| Page | |
| Trustees annual report | 1-2 |
| Independent examiners report to the trustees | 3 |
| Statement of financial activities | 4 |
| Balance Sheet | 5 |
| Notes to the accounts | 6-8 |
| Detailed statement of financial activities | 9-10 |
French Bulldog Saviours Company Information For The Year Ended 31 October 2020
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 October 2020.
Reference and Administrative Details
Registered Charity Name: French Bulldog Saviours
Charity Registration Number: 1163829 Principal Address: 6 Nettleton Avenue Mirfield West Yorkshire WF14 6AN
The Trustees:
The trustees who served the charity during the period were as follows;
Mr Ali Mohammed Mrs Lindsey Scanlon Miss Charli-May Milloy
Independent Examiner:
SW&P Accountancy Dale House 64 Fink Hill Horsforth Leeds LS18 4DH
Page 1
French Bulldog Saviours Company No. 1163829 Director's Report For The Year Ended 31 October 2020
Statement of Trustees Responsibilities
The trustees are responsible for preparing the Report of the Trustees 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 and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed required the trustees to prepare financial statements for each financial year to give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to:
-
Select suitable accounting policies and apply them consistently;
-
Observe the methods and principles in the Charity SORP;
-
Make judgements and estimates that are reasonable and prudent;
-
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue its activities.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity to 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.
Independent Examiner
SW&P Limited have been re-appointed as independent examiner for the ensuing year.
Approved by order of the board of trustees on 20[th] September 2021 and signed on its behalf by:
������������������������ ������������������������.. Mrs L Scanlon - Trustee Mr A Mohammed - Trustee
Page 2
French Bulldog Saviours Accountants' Report For The Year Ended 31 October 2020
Our report on the accounts of the charity for the period ended 31 October 2020 which are set out on pages 4 - 5.
Respective Responsibilities of Trustees and Independent 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 period (under Section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is required.
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 Charity Commission (under Section 145(5)(b) of the 2011 Act); and
-
to state whether particular matters have come to my attention.
Basis of the 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 statements below.
Independent Examiners Statement
I have completed my examination and I have identified no matters of material concern in respect of the financial statements:
-
(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 to 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.
�����������������������..
Matthew Whelan FCCA SW&P Limited Chartered Accountants
Dale House 64 Fink Hill Horsforth Leeds LS18 4DH
Page 3
French Bulldog Saviours Profit and Loss Account For The Year Ended 31 October 2020
Notes Incoming Resources Incoming resources from generating funds: Voluntary Income, Donations and Merchandise Total Incoming Resources Resources Expended Charitable Activities Governance Costs Other Costs Total Resources Expended Net Incoming/ (Outgoing) Resources for the period Total Funds Carried Forward |
2020 2019 £ £ 217,362 193,236 217,362 193,236 (141,692) (40,646) (25,900) (119,219) (20,176) (45,079) (208,238) (184,474) 9,124 8,762 40,575 31,451 |
2019 £ 193,236 |
2019 £ 193,236 |
|---|---|---|---|
| (184,474) | |||
| **8,762 ** | |||
| 31,451 |
Page 4
French Bulldog Saviours Balance Sheet As at 31 October 2020
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |||
| FIXED ASSETS | |||||||
| Tangible Assets | 2 | 1,587 |
1,695 |
||||
| 1,587 | 1,695 | ||||||
| CURRENT ASSETS | |||||||
| Debtors | 3 | 4,440 | 8,702 | ||||
| Cash at bank and in hand | 46,183 |
27,923 |
|||||
| 50,623 | 36,625 | ||||||
| Creditors: Amounts Falling Due Within One Year |
4 | (11,635) |
(6,868) |
||||
| NET CURRENT ASSETS (LIABILITIES) | 38,988 |
29,757 |
|||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 40,575 |
31,452 |
|||||
| NET ASSETS | 40,575 |
31,452 |
|||||
| Unrestricted Funds | 40,575 |
31,452 |
|||||
| SHAREHOLDERS' FUNDS | 40,575 | 31,452 |
The financial statements were approved by the board of Trustees 20[th] September 2021. and were signed on its behalf by:
������������������������. ��������������������������
Ms L Scanlon - Trustee Mr A Mohammed - Trustee
Page 5
French Bulldog Saviours Notes to the Financial Statements For The Year Ended 31 October 2020
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and �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)� (as amended for accounting periods commencing from 1 January 2016).
The is a Public Benefit Entity as defined by FRS 102. The has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements 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 Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2. Incoming resources
Income is recognised when the is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the has been notified of the donation unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes.
1.3. Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under the headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
1.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment - 25% Reducing Balance Plant & Machinery - 25% Reducing Balance
1.5. Taxation
The charity is exempt from tax on its charitable activities.
1.6. Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements where appropriate.
Page 6
French Bulldog Saviours Notes to the Financial Statements (continued) For The Year Ended 31 October 2020
1.7. Going Concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements
2. Other Trading Activities
Included within incoming resources from generating funds are amounts received for the sale of merchandise. These amounts are unrestricted and have been used for charitable purposes.
3. Trustees Remuneration and Benefits
There were no trustees� remuneration or other benefits for the period ended 31 October 2020.
Trustees� expenses
Trustees expenses paid for the period ended 31 October 2020 were £4,814.41 (2019 £6,254). Expenses were paid to several trustees during the year to reimburse travel and sundry expenses.
2. Tangible Assets
| Plant & Machinery |
Computer Equipment |
Total | |
|---|---|---|---|
| £ | £ | £ | |
| Cost | |||
| As at 1 November 2019 | - | 4,286 | 4,286 |
| Additions | 323 | - | 323 |
| As at 31 October 2020 | 323 |
4,286 |
4,609 |
| Depreciation | |||
| As at 1 November 2019 | - | 2,591 | 2,591 |
| Provided during the period | 7 |
424 |
431 |
| As at 31 October 2020 | 7 |
3,015 |
3,022 |
| Net Book Value | |||
| As at 31 October 2020 | 316 |
1,271 |
1,587 |
| As at 1 November 2019 | - |
1,695 |
1,695 |
| 3. Debtors | |||
| 2020 | 2019 | ||
| £ | £ | ||
| Due within one year | |||
| Trade debtors | 300 | - | |
| Prepayments and accrued income | 97 | 176 | |
| VAT | 4,043 |
8,526 | |
| 4,440 | 8,702 |
Page 7
French Bulldog Saviours Notes to the Financial Statements (continued) For The Year Ended 31 October 2020
4. Creditors: Amounts Falling Due Within One Year
| . Creditors: Amounts Falling Due Within One Year | ||
|---|---|---|
| 2020 | 2019 | |
| £ | £ | |
| Trade creditors | 11,235 | 6,468 |
| Accruals and deferred income | 400 |
400 |
| 11,635 | 6,868 |
5. Related Party Transactions
There were no additional related party transactions during the period, such as are required to be disclosed under FRS 102.
6. Movement in Funds
| . Movement in Funds | |
|---|---|
| Net | |
| Movement | |
| in funds | |
| £ | |
| Unrestricted Funds | (31,451) |
| As at 31 October 2019 | |
| 9,124 | |
| Movement in year | |
| Total Funds as at 31 October 2020 | (40,575) |
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement in | |
|---|---|---|---|
| Resources | Expensed | Funds | |
| £ | £ | £ | |
| Unrestricted Funds | |||
| General Fund | 217,362 | (208,238) | 9,124 |
| ____ | ____ | ____ | |
| Total Funds | 217,362 | (208,238) | 9,124 |
7. General Information
French Bulldog Saviours is a private company, limited by shares, incorporated in England & Wales, registered number 1163829 . The registered office is 6 Nettleton Avenue, Wakefield, WF14 9AN.
Page 8
French Bulldog Saviours Trading Profit and Loss Account For The Year Ended 31 October 2020
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| £ | £ | £ | £ |
||
| TURNOVER | |||||
| Adoption Fees, Donations & Merchandise | 215,965 | 192,464 | |||
| Commission | 1,397 | 773 |
|||
| 217,362 | 193,237 | ||||
| COST OF SALES | |||||
| Vetinary Costs | 130,817 | 97,671 | |||
| Dog Supplies | 5,736 | 9,277 | |||
| Dog Food | 399 | 579 | |||
| Materials - Merchandise | 4,273 | 11,497 | |||
| Insurance | 467 | 195 | |||
| (141,692) | (119,219) |
||||
| GROSS PROFIT | 75,670 | 74,018 | |||
| Distribution Costs | |||||
| Carriage and freight | 40,646 |
20,110 | |||
| (40,646) | (20,110) | ||||
| Administrative Expenses | |||||
| Travel expenses | 4,126 | 15,316 | |||
| Hotel expenses | 102 | 1,794 | |||
| Hire and leasing of motor vehicles | 1,526 | 602 | |||
| Mileage Costs | 1,207 | 785 | |||
| Computer software costs | 1,084 | 617 | |||
| Repairs, renewals and maintenance | 558 | 843 | |||
| Printing | 218 | 347 | |||
| Postage | 3,538 | 1,250 | |||
| Stationery | 153 | 1,812 | |||
| Advertising and marketing costs | 2,506 | 5,402 | |||
| Exhibitions | - | 2,338 | |||
| Training seminars and workshops | 90 | 199 | |||
| Telecommunications and data costs | 486 | 650 | |||
| Accountancy fees | 3,649 | 2,363 | |||
| Professional fees | 1,423 | 3,043 | |||
| Trademark Fees | 175 | 163 | |||
| Bank charges | 680 | 861 | |||
| Charitable donations | 1,815 | 3,676 | |||
| Bad debts written off | - | 1,297 | |||
| Depreciation of plant and machinery | 7 | - | |||
| ...CONTINUED |
Page 9
French Bulldog Saviours Company No. 1163829 Trustees's Report For The Year Ended 31 October 2020 Statement of Trustees Responsibilities The trustees are responsible for preparinE the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Prarticel- The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed required the trustees to prepare financial statements for each financial year to give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to= Select suitable accounting policies and apply them consistently; Observe the methods and principles in the Charity SORP; Make judgements and estimates that are reasonable and prudent,. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue its activities. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2(X)8 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. Independent Examiner SW&P Limited have been re-appointed as independent examiner for the ensuing year. Approved by order of the board of trustees on 2nd August 2021 and signed on its behalf by.. Lscanlon A Mohammed Mrs L Scanlon - Trustee Mr A Mohammed- Trustee
French Bulldog Saviours Charity No. 1163829 Trustees Report For The Year Ended 31 Ottober 2020 Structure, Governance, and Management Governing Document The charity is controlled by its governing document, a deed of trust, and constitutes a charitable Incorporated Organisation. Risk Management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure that appropriate controls are in place to provide reasonable assurance against fraud and error. Objectives and Activities Objectives and aims For the benefit of the public to relieve the suffering of French Bulldogs, including cross-breeds, in need of care and attention and in particular to provide and maintain rescue homes or other facilities for the reception, care and treatment of such animals. To promote humane behaviour towards animals, especially those of the French Bulldog breed by providing appropriate care, protection, treatment, and security for animals which are in need of care and attention by reason of sickness, maltreatment, poor circumstances or ill usage and to educate the public in matters pertaining to animal welfare in general and French Bulldogs in particular and the prevention of cruelty and suffering among animals. Significant Activities French Bulldog Saviours, rescues, treats and rehomes abandoned, mistreated and unwanted dogs across the United Kingdom, Europe and Asia. Achievement, Performance, and Financial Review The principal sources of funding of the charity were from donations, fundraisinE events, adoption fees and the sale of merchandise. This income has been utilized to fund the day to day running of the charity and to cover such costs as dog food, vet fees, kennel costs and re-homing expenditure. In addition, the donations received were also utilized to promote the charity and it's work in order to further generate funds to assist in its objectives. The charity has generated a surplus of1£9,1241 for the period. The charity intends to build upon the positive reputation it has made and generate a further surplus in subsequent years in order to ensure its future objectives are met. The charity currently has no long-term investment plans. The charity plans to consolidate its position over the coming year and into 2021 to ensure that its objectives are met and that the welfare of the dogs with whom they work, continues to be well served.