| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 9 |
| Report ofthe Independent Auditors |
10 | to | 13 |
| Statement of Financial Activities | 14 | ||
| Balance Sheet | 15 | ||
| Cash Flow Statement | 16 | ||
| Notes to the Cash Flow Statement | 17 | ||
| Notes to the Financial Statements | 18 | to | 2S |
| Detailed Statement of Financial Activities | 29 | to | 30 |
| 31.3.23 | 31.3.22 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||
| fund | fund | funds | funds | ||||||
| Notes | E | E | E | E | |||||
| INCOME AND ENDOWMENTS | FROM | ||||||||
| Donations | and legacies | 3 | 876,63'I | 876,631 | 447,618 | ||||
| Investment | income | 4 | 32,291 | 32,291 | 753 | ||||
| Total | 908,922 | 908,922 | 448,371 | ||||||
| EXPENDITURE ON | |||||||||
| Raising funds | 5 | 23,806 | 23,806 | 22,934 | |||||
| Charitable | activities | ||||||||
| Hedgehog | Conservation | Work | 452,593 | 452,593 | 442,147 | ||||
| Other | 1,181 | 1,181 | |||||||
| Total | 477&580 | 477,580 | 465,081 | ||||||
| NET INCOME/(EXPENDITURE) | 431,342 | 431,342 | l16,710) | ||||||
| RECONCILIATION OF FUNDS |
|||||||||
| Totai funds | brought | forward | 2,382,973 | 54,964 | 2,437,937 | 2,454,647 | |||
| TOTAL FUNDS CARRIED | FORWARD | 2,814,315 | 54,964 | 2,869,279 | 2,437,937 |
| Balance 5 31 itiarch 2023 |
|||||
|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | fumls. | funcb | ||
| Notes | E | E | E | E | |
| FNED ASSETS Tangible assets Investments |
13 14 |
189,801 15,000 |
189,801 15,000 |
t89,473 15,000 |
|
| 204,801 | 204,473 | ||||
| CURRENT ASSEIS Stocks Debtors Cash at bank and in hand |
15 16 |
7,635 32,353 2,599,907 |
7,635 32,353 2,654,871 |
41,219 2,213,755 |
|
| 2,639,895 | 54,964 | 2,694,859 | 2',254,974 | ||
| CREDITORS Amounts fatting due within one year |
17 | (30,381) | (30,381) | (21,510) | |
| NET CURRENT ASSETS | 2,609,514 | 2,664,478 | 2,233,464 | ||
| TOTAL ASSETSLESS CURRENT LIABILITIES | 2,814,315 | 54,964 | 2,869,279 | 2,,437,937 | |
| NET ASSETS | 2,8t4,315 | 2,437,937 | |||
| FUNDS Unrestricted funds Restricted funds |
18 | 2,814,315 54,964 |
2,382,973 54,964 |
||
| FUNDS | 2,8&9,279 | 2,437,937 |
| 31.3.23 | 31.3.22 | ||||
|---|---|---|---|---|---|
| Notes | E | ||||
| Cash flows from operating | activities | ||||
| Cash generated from operations |
1 | 410,043 | (5,069) | ||
| Net cash provided by/(used |
in) operating | activities | 410,043 | (5,069) | |
| Cash flows from investing | activities | ||||
| Purchase of tangible fixed | assets | (1,218) | |||
| Interest received | 32,291 | 753 | |||
| Net cash provided by investing activities |
31,073 | 753 | |||
| Change in cash and cash equivalents |
in the | ||||
| reporting period |
441,116 | (4,316) | |||
| Cash and cash equivalents | at the | ||||
| beginning ofthe reporting |
period | 2,213,755 | 2,218,071 | ||
| Cash and cash equivalents | at the end | of | |||
| the reporting period |
2,654,871 | 2,213,755 |
| RECONCILIATION | OF NET INCOME/(EXPENDITURE) | OF NET INCOME/(EXPENDITURE) | OF NET INCOME/(EXPENDITURE) | OF NET INCOME/(EXPENDITURE) | OF NET INCOME/(EXPENDITURE) | TO NET CASH | FLOW FROM | OPERATING ACTIVITIES | OPERATING ACTIVITIES |
|---|---|---|---|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | ||||||||
| E | |||||||||
| Net Income/(expenditure) | for the reporting | period (as per the | |||||||
| Statement of Financial Activities) | 431,342 | (16,710) | |||||||
| Adjustments for: |
|||||||||
| Depreciation charges |
890 | 715 | |||||||
| Interest received | (32,291) | (753) | |||||||
| Increase in stocks | (7,635) | ||||||||
| Decrease in debtors | 8,866 | 'l1,141 | |||||||
| Increase in creditors | 8,871 | 538 | |||||||
| Net cash provided | by/(used | in) operations | 410,043 | (5,069) | |||||
| ANALYSIS OF CHANGES | IN | NET FUNDS | |||||||
| At 1.4.22 | Cash flow | At 31.3.23 | |||||||
| E | E | ||||||||
| Net cash | |||||||||
| Cash at bank and | in | hand | 2,213,755 | 441,116 | 2,654,871 | ||||
| 2,213,755 | 441,116 | 2,654,871 | |||||||
| Total | 2,213,755 | 441,116 | 2,654,871 |
| 31.3.23 | 31.3.22 | |||
|---|---|---|---|---|
| E | 6 | |||
| Membership income |
64,360 | 64,201 | ||
| Donations | 203,450 | 249,064 | ||
| Legacies | 597,409 | 112,144 | ||
| Sundry income | 11,412 | 11,640 | ||
| Profits donated | from trading | 10,569 | ||
| 876,631 | 447,618 | |||
| INVESTMENT INCOME | ||||
| 31.3.23 | 31.3.22 | |||
| E | E | |||
| Deposit account | interest | 32,291 | 753 | |
| RAISING FUNDS | ||||
| Raising donations | and legacies | |||
| 31.3.23 | 31.3.22 | |||
| E | E | |||
| Staff costs | 6,232 | 5,749 | ||
| Advertising | 2,076 | 1,872 | ||
| Newsletter | 13,096 | 2,421 | ||
| Promotions | 5,967 | 7,613 | ||
| Press Cuttings | 1,837 | 3,465 | ||
| Website costs | 1,793 | 1,814 | ||
| Training Fees | 440 | |||
| 31,441 | 22,934 | |||
| Other trading activities | ||||
| 31.3.23 | 31.3.22 | |||
| E | E | |||
| Closing stock | (7,635) | |||
| Aggregate amounts |
23,806 | 22,934 |
| Grant | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| funding of | |||||||||
| Direct | activities | Support | |||||||
| Costs (see | (see note | costs (see | |||||||
| note 7) | 8) | note 9) | Totals | ||||||
| E | E | E | |||||||
| Hedgehog | Conservation | Work | 149,82( | 21&,745 | 84,027 | 452,593 | |||
| DIRECT COSTS OF CHARITABLE ACTIVITIES | |||||||||
| 31.3.23 | 31.3.22 | ||||||||
| E | E | ||||||||
| Staff costs | 89,244 | 82,837 | |||||||
| Telephone | 1,665 | 1,319 | |||||||
| Postage and stationery | 20,918 | 19,972 | |||||||
| Sundries | 1,335 | 707 | |||||||
| Printing | 17,769 | 13,862 | |||||||
| Donations | and grants to | carers | 2,316 | 1,488 | |||||
| Other support costs | 3,249 | 1,769 | |||||||
| Travel costs | 705 | 305 | |||||||
| Conferences | 34 | ||||||||
| Vale Course | 12p620 | I Zp450 | |||||||
| 149,821 | 134,743 | ||||||||
| GRANTS PAYABLE | |||||||||
| 31.3.23 | 31.3.22 | ||||||||
| E | E | ||||||||
| Hedgehog | Conservation | Work | 218,745 | Z32,098 | |||||
| The total grants paid to |
institutions | during the | year was as follows: | ||||||
| 31.3.23 | 31.3.22 | ||||||||
| E | |||||||||
| Hedgehog | Friendly | Campus | 54,405 | 74,330 | |||||
| ZSL - London | Hog Watch | 62,645 | 61,752 | ||||||
| Conservation | Volunteers | Hog Watch | Scotland | 55,449 | |||||
| Hedgehog | Street Project | 40,567 | 40,567 | ||||||
| Microhiomes | Study | ||||||||
| 35,000 | |||||||||
| Microplastics | Study | 26,128 | |||||||
| 218,745 | 232,098 |
| SUPPORT | CO | STS | ||||||
|---|---|---|---|---|---|---|---|---|
| Governance | ||||||||
| Management | Finance | costs | Totals | |||||
| E | E | E | E | |||||
| Hedgehog | Conservation | Work | 60,457 | 1,406 | 22,164 | 84,027 | ||
| Support costs, included | in the above, are as | follows: | ||||||
| Management | ||||||||
| 31.3.23 | 31.3.22 | |||||||
| Hedgehog | ||||||||
| Conservation | Total | |||||||
| Work | activities | |||||||
| E | E | |||||||
| Wages | 32,111 | 29,914 | ||||||
| Social security | 1,073 | 1,009 | ||||||
| Pensions | 3,945 | 3,330 | ||||||
| Insurance | 2,216 | 2,175 | ||||||
| Light and | heat | 14,479 | 5,756 | |||||
| Repairs | 5,743 | 5,321 | ||||||
| Depreciation | of tangible | and heritage assets | 890 | 715 | ||||
| 60,457 | 48,220 | |||||||
| Finance | ||||||||
| 31.3.23 | 31.3.22 | |||||||
| Hedgehog | ||||||||
| Conservation | Totai | |||||||
| Work | activities | |||||||
| E | E | |||||||
| Bank charges | 1,406 | 1,307 | ||||||
| Governance | costs | |||||||
| 31.3.23 | 31.3.22 | |||||||
| Hedgehog | ||||||||
| Conservation | To~at | |||||||
| Work | activities | |||||||
| f. | E | |||||||
| Auditors' | remuneration | 13,856 | 14,105 | |||||
| Consultancy | 2&950 | 91760 | ||||||
| Legal and | Professional | fees | 179 | |||||
| Management | accounts | 135 | ||||||
| Trustees | expenses | 5,358 | 1,600 | |||||
| 22,164 | 25,779 |
| 31.3.23 | 31.3.22 | ||
|---|---|---|---|
| E | E | ||
| Wages | and salaries | 114,683 | 107,343 |
| Social | security costs | 3,832 | 3,603 |
| Other | pension costs | 14,090 | 11,893 |
| 132,605 | 122,839 |
| The | avera | ge monthly number of employees during |
the year was as follows: | |
|---|---|---|---|---|
| 31.3.23 | 31.3.22 | |||
| Full | time | staff | 2 | 2 |
| PaK | time | staff | 5 | 5 |
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| fund | fund | funds | |||
| 6 | E | 6 | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
447,618 | 447,618 | |||
| Investment income |
753 | 753 | |||
| Total | 448,371 | 448,371 | |||
| EXPENDITURE ON | |||||
| Raising funds | 22,934 | 22,934 | |||
| Charitable activities |
|||||
| Hedgehog Conservation |
Work | 442,147 | 442,147 | ||
| Total | 465,081 | 465,081 | |||
| NET INCOME/(EXPENDITURE) | (16&710) | (16,710) | |||
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward |
2,399,683 | 54&964 | 2,454&647 |
| 12. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
||||
| Unrestricted | Restricted | Totai | |||
| fund | fund | funds | |||
| E | E | E | |||
| TOTAL FUNDS CARRIED FORWARD | 2,382,973 | 54,964 | 2,437,937 | ||
| 13. | TANGIBLE FIXED ASSETS | ||||
| Fixtures | |||||
| Freehold | and | Computer | |||
| property | fittings | equipment | Totals | ||
| E | E | E | E | ||
| COST | |||||
| At 1 April 2022 | 188,000 | 475 | 6,315 | 194,790 | |
| Additions | 1,218 | 1,218 | |||
| At 31 March 2023 | 188,000 | 475 | 7,533 | 196,008 | |
| DEPRECIATION | |||||
| At 1 April 2022 | 475 | 4&842 | 5,317 | ||
| Charge for year | 890 | 890 | |||
| At 31 March 2023 | 475 | 5,732 | 6,207 | ||
| NET BOOK VALUE | |||||
| At 31 March 2023 | 188,000 | 1,801 | 189,801 | ||
| At 31 March 2022 | 188,000 | 1,473 | 189,473 | ||
| 14. | FIXEDASSET INVESTMENTS | ||||
| Shares in | |||||
| gr'oup | |||||
| undertakings | |||||
| 6 | |||||
| MARKET VALUE | |||||
| At 1 April 2022 and 31 March 2023 | 15,000 | ||||
| NET BOOK VALUE | |||||
| At 31 March 2023 | 15,000 | ||||
| At 31 March 2022 | 15,000 |
| 2023 | 2022 | |
|---|---|---|
| E | E | |
| Turnover | 83,844 | 107,597 |
| Cost of sales | (53,543) | (57,930) |
| Gross Profit | 31,301 | 49,664 |
| Admin expenses | 37&871 | (39,095) |
| Other operating | income | income | income | |||||
|---|---|---|---|---|---|---|---|---|
| Operating profit |
(6,570) | 10,569 | ||||||
| Interest receivable | and | similar income | ||||||
| Profit before tax | (6,568) | 10,569 | ||||||
| Net assets | 13,341 | 19,909 | ||||||
| 15. | STOCKS | |||||||
| 31.3.23 | 31.3.22 | |||||||
| E | E | |||||||
| Stocks | 7,635 | |||||||
| 16. | DEBTORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||
| 31.3.23 | 31.3.22 | |||||||
| E | E | |||||||
| Trade debtors | 3,083 | 2,452 | ||||||
| Amounts owed to group |
undertakings | 16,357 | 33,640 | |||||
| Prepayments and |
accrued income | 12,913 | 5,127 | |||||
| 32,353 | 41,219 | |||||||
| 17. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||
| 31.3.23 | 31.3.22 | |||||||
| 6 | E | |||||||
| Trade creditors | 111766 | 9,348 | ||||||
| Accrued expenses | 18,615 | 12,162 | ||||||
| 30,381 | 21,510 | |||||||
| 18. | MOVEMENT IN FUNDS |
|||||||
| Net | ||||||||
| movement | At | |||||||
| At 1.4.22 | in funds | 31.3.23 | ||||||
| 6 | 6 | E | ||||||
| Unrestricted funds |
||||||||
| General fund |
2,382,973 | 431,342 | 2,814,315 | |||||
| Restricted funds | ||||||||
| Restricted Funds |
54,964 | 54,964 | ||||||
| TOTAL FUNDS | 2,437,937 | 431,342 | 2,869,279 |
| Incoming | Resources | Movement | |||||
|---|---|---|---|---|---|---|---|
| resources | expended | in funds | |||||
| E | E | E | |||||
| Unrestricted | funds | ||||||
| General | fund | 908,922 | (477,580) | 431,342 | |||
| TOTAL | FUNDS | 908,922 | (477,580) | 431,342 | |||
| Comparatives | for movement | in funds | |||||
| Net | |||||||
| movement | At | ||||||
| At 1.4.21 | in funds | 31.3.22 | |||||
| E | E | E | |||||
| Unrestricted | funds | ||||||
| Generalfund | 2,399,683 | (16,710) | 2,382,973 | ||||
| Restricted funds | |||||||
| Restricted Funds |
54,964 | 54,964 | |||||
| TOTAL | FUNDS | 2,454,647 | (16p710) | 2,437,937 | |||
| Comparative | net movement | in funds, | included | in the above are as follows: | |||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| E | E | E | |||||
| Unrestricted | funds | ||||||
| General | fund | 448,371 | (465,081) | (16,710) | |||
| TOTAL | FUNDS | 448,371 | (465,081) | (16,710) |
| for the Year E | nde | d 31 March 2023 | ||
|---|---|---|---|---|
| 31.3.23 | 31.3.22 | |||
| E | E | |||
| INCOME AND ENDOWMENTS | ||||
| Donations and |
legacies | |||
| Membership income |
64,360 | 64,201 | ||
| Donations | 203,450 | 249,064 | ||
| Legacies | 597,409 | 112,144 | ||
| Sundry income | 11,412 | 11,640 | ||
| Profits donated | from trading | 10,569 | ||
| 876,631 | 447,618 | |||
| Investment income |
||||
| Deposit account | interest | 32,291 | 753 | |
| Total incoming | resources | 908,922 | 448,371 | |
| EXPENDITURE | ||||
| Raising donations | and legacies | |||
| Wages | 5,390 | 5,021 | ||
| Socialsecurity | 180 | 169 | ||
| Pensions | 662 | 559 | ||
| AdveKIsing | 2,076 | 1,872 | ||
| Newsletter | 13,096 | 2,421 | ||
| Promotions | 5,967 | 7,613 | ||
| Press Cuttings | 1,837 | 3,465 | ||
| Website costs | 1,793 | 1,814 | ||
| Training Fees | 440 | |||
| 31,441 | 22,934 | |||
| Other trading | activities | |||
| Closing stock | (7,635) | |||
| Charitable activities |
||||
| Wages | 77,182 | 72,408 | ||
| Social security | 2,579 | 2,425 | ||
| Pensions | 9,483 | 8,004 | ||
| Telephone | 1,665 | 1,319 | ||
| Postage and stationery | 20,918 | 19,972 | ||
| Sundries | 1,335 | 707 | ||
| Printing | 17,769 | 13,862 | ||
| Donations and |
grants to carers | 2,316 | 1,488 | |
| Othersupport | costs | 3,249 | 1,769 | |
| Travel costs | 705 | 305 | ||
| Conferences | 34 | |||
| Vale Course | 12,620 | 12,450 | ||
| Grants to institutions | 218,745 | 232,098 | ||
| 368,566 | 3SS,841 |
| 31.3.23 | 31.3.22 | ||||
|---|---|---|---|---|---|
| E | E | ||||
| Charitable activities |
|||||
| Other | |||||
| Hedgehog Awareness |
Week | 1,181 | |||
| Support costs | |||||
| Management | |||||
| Wages | 32,111 | 29,914 | |||
| Social security | 1,073 | 1,009 | |||
| Pensions | 3,945 | 3,330 | |||
| Insurance | 2,216 | 2,175 | |||
| Light and heat | 14,479 | 5,756 | |||
| Repairs | 5,743 | 5,321 | |||
| Fixtures and | fittings | 62 | |||
| Computer equipment |
653 | ||||
| 60,457 | 48,220 | ||||
| Finance | |||||
| Bank charges | 1,406 | 1,307 | |||
| Governance | costs | ||||
| Auditors' remuneration |
13,856 | 14,105 | |||
| Consultancy | 2,950 | 9,760 | |||
| Legal and Professional | fees | ||||
| Management | accounts | 135 | |||
| Trustees expenses | 5,358 | 1,600 | |||
| 22,164 | 25,779 | ||||
| Total resources | expended | 477,580 | 465&081 | ||
| Net income/(expenditure) | 431,342 | I16,710) |