**Trustees' Annual Report for the period** Period start date Period end date 01 10 2020 30 09 2021 **From To**
## Section A Reference and administration details
**Charity name** Oakwood Dog Rescue
**Other names charity is known by Registered charity number (if any)** 1165221 **Charity's principal address** 17A-E Bergen Way Hull **Postcode HU70YQ**
## **Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Gill Williams Chair
2 Natalie Smith
3 Charlotte Gillett
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
## **Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
March **2012**
**TAR**
1
## **Names and addresses of advisers (Optional information)**
**Type of adviser Name Address**
## **Name of chief executive or names of senior staff members (Optional information)**
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
CIO Foundation Document Registered 19/01/2016 Type of governing document
- (eg. trust deed, constitution)
CIO – Charitable Incorporated Organisation How the charity is constituted
- (eg. trust, association, company)
Appointed during Annual General Meeting Trustee selection methods
- (eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
## **Section C Objectives and activities**
March **2012**
**TAR**
2
## **Summary of the objects of the charity set out in its governing document**
The charity takes in unwanted dogs and looks after them until loving homes can be found. The charity also aims to promote humane behaviour towards dogs and to educate the public in dog welfare both in the UK and Europe.
The charity provides appropriate care, protection, treatment and security for dogs in need, homeless dogs and unwanted or mistreated/abused dogs. The charity maintains a rescue kennels to allow the above to take place.
**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
## **Additional details of objectives and activities (Optional information)**
March **2012**
**TAR**
3
We are grateful for the many hours’ volunteers have spent caring for and walking our dogs. Without this valuable contribution of time, energy and expertise we would not be able to help so many dogs.
We do not provide grants to other organisations.
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
Section D Achievements and performance
March **2012**
**TAR**
4
## Section D Achievements and performance
**Number of dogs rehomed: Summary of the main** We rehomed 195 dogs during the period, this was an increase of **achievements of the** 23 dogs compared to 2020. Our return rate for 2021 was 17 **charity during the year** dogs, an increase compared to 2020 even with the small increase in the number of adoptions. We are now running at 8.5% return rate which is an increase of 3.85% compared to last year but is still very low. Our return rate has reduced over the previous years from 10% in 2017 to 7% in 2018 down to 2% in 2019, with a slight increase since 2020, however it is still lower than 4 years ago however, we do not wish to rise back above 10% so we do have some more work to do in this area to keep the return figure down. Our work in Romania continues and we were looking at the possibility of opening a shelter over there in 2021. However, this goal did not come to fruition mainly due to COVID hitting us hard once restrictions lifted. **Kennel Improvements:** 2021 had been a year of continuing with our kennel refurbishment. Which is still not complete, mainly due to COVID restrictions making things difficult. **Adoption Processes:** Each year we review our adoption process and have again made some changes to increase the number of dogs rehomed whilst keeping the return rate low. As you can see from the above figures these changes have had the desired effect and we will continue to monitor both our rehoming figures and return rate to ensure it stays high and low respectively. We did not meet our target for 2021 which was 350 dogs. This was due to COVID and the restrictions on adoptions and also a huge drop in adoption applications once the COVID restrictions lifted.
**Fundraising:** In the year ending 2021 we raised just over 408k and increase from 2020 which raised 250k, up significantly on the previous years, 178k in 2019, 2018 of 144k and in 2017 we raised just over 111k. We will continue to try and increase year on year. We missed our target for 2021 which was 500k, but not by a huge amount. Under the circumstances of COVID we cannot be disheartened at this result.
**Investments:** In 2020 we made a move into the business sector and we have taken a lease on a premises to offer dog related services to the local area (Play Park, Grooming Salon, Café). The income from this venture will fund our rescue operation and we hope it will make our income generation more secure going forward. This is a big investment for us as the building required a refurbishment. We also had to close the premises only 2 weeks after we opened in March 2020 due to COVID and only reopened in July 2021 so we took a huge hit, we have also had staffing issues and as such this investment has yet to prove beneficial, we are continuing to work on this and hope to see an upturn in 2022.
**Volunteers:** Unfortunately, due to COVID we have had to stop volunteers and dog walkers for the duration of 2021. However, we are so grateful to those supporters and volunteers who have continued to support us remotely.
March **2012**
**TAR**
5
## **Section E Financial review**
**Brief statement of the charity’s policy on reserves**
At the end of 2021 our reserves had taken a hit, mainly due to our kennel refurbishment and investment in our business ventures. We have taken on a Bounce back loan of 36k during the 2020 year, this is still held in our reserves atm and is there should we need it moving forward, thus making our reserve situation look better than the reality, however 2021 is much better than 2019 reserve situation even taking into account the bounce back loan.
**Details of any funds materially in deficit**
None
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
Our main source of funds is general donations through fundraising.
- the charity’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
## **Section F Other optional information**
The trustees advise that there have been no serious incidents relating to the charity over the financial year.
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date**
March **2012**
**TAR**
6
TAR
March 2012
**Charity Registration No. 1165221**
## **OAKWOOD DOG RESCUE**
# **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 SEPTEMBER 2021**
## **OAKWOOD DOG RESCUE**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** N Smith Ms G C Williams Ms C Gillett **Charity number** 1165221 **Principal address** Unit 17E Lake Enterprise Park Bergen Way Sutton Fields Industrial Estate Hull HU7 0YQ **Independent examiner** Cottons Accountants LLP The Stables Church Walk Daventry Northamptonshire NN11 4BL
## **OAKWOOD DOG RESCUE**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 3|
|Statement of trustees' responsibilities||
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the financial statements|7 - 14|
## **OAKWOOD DOG RESCUE**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
The trustees present their annual report and financial statements for the year ended 30 September 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply 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) " (effective 1 January 2019 ).
## **Objectives and activities**
The charity takes in unwanted dogs and looks after them until loving homes can be found. The charity also aims to promote humane behaviour towards dogs and to educate the public in dog welfare both in the UK and Europe.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Public benefit**
The charity provides appropriate care, protection, treatment and security for dogs in need, homeless dogs and unwanted or mistreated/abused dogs. The charity maintains a rescue kennels to allow the above to take place.
The Trustees have referred to the guidance contained in the Charity’s Commissions’ general guidance public benefit when reviewing the Trust’s aims and objectives and in planning future activities
## **Grant making**
We do not provide grants to other organisations
## **Volunteers**
We are grateful for the many hours’ volunteers have spent caring for and walking our dogs. Without this valuable contribution of time, energy and expertise we would not be able to help so many dogs.
- 1 -
## **OAKWOOD DOG RESCUE**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **Achievements & Performance**
## **Number of dogs rehomed:**
We rehomed 195 dogs during the period, this was an increase of 23 dogs compared to 2020. Our return rate for 2021 was 17 dogs, an increase compared to 2020 even with the small increase in the number of adoptions. We are now running at 8.5% return rate which is an increase of 3.85% compared to last year but is still very low. Our return rate has reduced over the previous years from 10% in 2017 to 7% in 2018 down to 2% in 2019, with a slight increase since 2020, however it is still lower than 4 years ago however, we do not wish to rise back above 10% so we do have some more work to do in this area to keep the return figure down.
Our work in Romania continues and we were looking at the possibility of opening a shelter over there in 2021. However, this goal did not come to fruition mainly due to COVID hitting us hard once restrictions lifted.
**Kennel Improvements:** 2021 had been a year of continuing with our kennel refurbishment. Which is still not complete, mainly due to COVID restrictions making things difficult.
**Adoption Processes:** Each year we review our adoption process and have again made some changes to increase the number of dogs rehomed whilst keeping the return rate low. As you can see from the above figures these changes have had the desired effect and we will continue to monitor both our rehoming figures and return rate to ensure it stays high and low respectively. We did not meet our target for 2021 which was 350 dogs. This was due to COVID and the restrictions on adoptions and also a huge drop in adoption applications once the COVID restrictions lifted.
**Fundraising:** In the year ending 2021 we raised just over £408k and increase from 2020 which raised £250k, up significantly on the previous years, £178k in 2019, 2018 of £144k and in 2017 we raised just over £111k. We will continue to try and increase year on year. We missed our target for 2021 which was £500k, but not by a huge amount. Under the circumstances of COVID we cannot be disheartened at this result.
**Investments:** In 2020 we made a move into the business sector and we have taken a lease on a premises to offer dog related services to the local area (Play Park, Grooming Salon, Café). The income from this venture will fund our rescue operation and we hope it will make our income generation more secure going forward. This is a big investment for us as the building required a refurbishment. We also had to close the premises only 2 weeks after we opened in March 2020 due to COVID and only reopened in July 2021 so we took a huge hit, we have also had staffing issues and as such this investment has yet to prove beneficial, we are continuing to work on this and hope to see an upturn in 2022.
**Volunteers:** Unfortunately, due to COVID we have had to stop volunteers and dog walkers for the duration of 2021. However, we are so grateful to those supporters and volunteers who have continued to support us remotely.
## **Reserves policy**
At the end of 2021 our reserves had taken a hit, mainly due to our kennel refurbishment and investment in our business ventures. We have taken on a Bounce back loan of 36k during the 2020 year, this is still held in our reserves atm and is there should we need it moving forward, thus making our reserve situation look better than the reality, however 2021 is much better than 2019 reserve situation even taking into account the bounce back loan.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
## **Governing document**
CIO Foundation Documentation Registered 19/01/2016
- 2 -
## **OAKWOOD DOG RESCUE**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
The trustees who served during the year and up to the date of signature of the financial statements were: N Smith
Ms G C Williams Ms C Gillett
## **Recruitment and appointment of new trustees**
Recruitment and appointment of new trustees is discussed during the Annual General Meeting.
## **Key management remuneration**
The highest paid member of staff is the Rescue Care Manager, who is responsible for running the kennels on a day to day basis.
The trustees' r eport was approved by the Board of Trustees.
..............................
## **Ms G C Williams**
Trustee Dated: .........................
- 3 -
## **OAKWOOD DOG RESCUE**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF OAKWOOD DOG RESCUE**
I report to the trustees on my examination of the financial statements of Oakwood Dog Rescue (the charity) for the year ended 30 September 2021.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ACA, which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Callum Veasey ACA on behalf of Cottons Accountants LLP
The Stables Church Walk Daventry Northamptonshire NN11 4BL
Dated: .........................
- 4 -
## **OAKWOOD DOG RESCUE**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
|||**Unrestricted**|**Unrestricted**|
|---|---|---|---|
|||**funds**|
**funds**|
|||**2021**|
**2020**|
||**Notes**|
**£**|
**£**|
|**Income from:**||||
|Donations and legacies|**2**|408,319|
275,156|
|Charitable activities||||
|Investments|**3**|7|
11|
|**Total income**||408,326|
275,167|
|**Expenditure on:**||||
|Raising funds|**4**|61,333|
22,008|
|Charitable activities|**5**|271,906|
197,011|
|Other|**9**|1,812|
1,063|
|**Total resources expended**||335,051|
220,082|
|**Net income for the year/**||||
|**Net movement in funds**||73,275|
55,085|
|Fund balances at 1 October 2020||66,690|
11,605|
|**Fund balances at 30 September 2021**||139,965|
66,690|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
- 5 -
## **OAKWOOD DOG RESCUE**
## **BALANCE SHEET**
## _**AS AT 30 SEPTEMBER 2021**_
|**Notes**
**Fixed assets**
Tangible assets
**10**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**13**
Net current assets
**Total assets less current liabilities**
**Creditors: amounts falling due after**
**more than one year**
**14**
**Net assets**
**Income funds**
Unrestricted funds|**2021**
**£**
57,632
(14,857)|**£**
123,591
42,775
166,366
(26,401)
139,965
139,965
139,965|**2020**
**£**
39,553
(11,737)|**£**
69,702
27,816
97,518
(30,828)
66,690
66,690
66,690|
|---|---|---|---|---|
The financial statements were approved by the Trustees on .........................
.............................. Ms G C Williams **Trustee**
- 6 -
## **OAKWOOD DOG RESCUE**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **1 Accounting policies**
## **Charity information**
Oakwood Dog Rescue is an unincorporated charity.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's [governing document], the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling , which is the functional currency of the charity . Monetary a mounts in these financial statements are rounded to the nearest £.
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 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity 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.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
## **1.4 Income**
Income is recognised when the charity 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 charity 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 charity 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.
- 7 -
## **OAKWOOD DOG RESCUE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **1 Accounting policies**
## **(Continued)**
## **1.5 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 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.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment 25% reducing balance Fixtures and fittings 25% reducing balance Motor vehicles 25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities .
## **1.7 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Financial liabilities are derecognised when the charity ’s contractual obligations expire or are discharged or cancelled.
## **1.8 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **1.9 Leases**
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.
Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to net income/(expenditure) for the year so as to produce a constant periodic rate of interest on the remaining balance of the liability.
- 8 -
## **OAKWOOD DOG RESCUE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **2 Donations and legacies**
|**3**
**4**|**Unrestricted**Unrestricted
**funds**
funds
**2021**
2020
**£**
£
Adoptions
60,061
21,233
Donations
233,774
196,581
Grant income
65,298
48,866
Shop sales
13,349
43
Rent income
2,400
2,000
Hub income
5,869
-
Cafe income
1,408
Happy paws
26,160
6,433
408,319
275,156
**Investments**
**Unrestricted**Unrestricted
**funds**
funds
**2021**
2020
**£**
£
Interest receivable
7
11
**Raising funds**
**Unrestricted**Unrestricted
**funds**
funds
**2021**
2020
**£**
£
Other trading activities
The hub expenditure
4,925
1,389
Dog grooming and training
-
2,014
Veterinary fees
49,112
12,724
Purchases
5,404
2,479
Happy paws expenditure
1,892
3,402
61,333
22,008
61,333
22,008|
|---|---|
- 9 -
## **OAKWOOD DOG RESCUE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **5 Charitable activities**
|Staff costs
Depreciation and impairment
Hire of plant and machinery
Repairs and renewals
Advertising
Travelling
Share of governance costs (see note 6)
**Support costs**
**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Cleaning
-
4,185
Insurance
-
2,251
Rent and rates
-
48,512
Telephone
-
2,655
Postage and stationery
-
180
Subscriptions
-
25
Sundries
-
555
Accounting and
professional
-
2,990
IT software
-
3,041
-
64,394
Analysed between
Charitable activities
-
64,394|**2021**
**£**
4,185
2,251
48,512
2,655
180
25
555
2,990
3,041
64,394
64,394|**Charitable**
**Expenditur e**
**Charitable**
**Expenditur e**
**2021**
**2020**
**£**
**£**
157,745
89,011
17,425
23,234
747
875
16,948
25,110
68
1,157
14,579
10,848
207,512
150,235
64,394
46,776
271,906
197,011
Support
costs
Governance
costs
2020
£
£
£
-
3,758
3,758
-
1,228
1,228
-
30,669
30,669
-
2,148
2,148
-
535
535
-
-
-
-
2,889
2,889
-
3,102
3,102
-
2,447
2,447
-
46,776
46,776
-
46,776
46,776|
|---|---|---|
## **6 Support costs**
## **7 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
- 10 -
## **OAKWOOD DOG RESCUE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **7 Trustees**
## **(Continued)**
## Trustees' expenses
Trustees' were reimbursed for expenses that were incurred throughout the year. All expenses were wholly and exclusively related to the running of the charity. All adequate receipts have been kept and were submitted by the trustees to the charity.
## **8 Employees**
The average monthly number of employees during the year was:
|**Employment costs**
Wages and salaries
Other pension costs|**2021**
**Number**
13
**2021**
**£**
148,328
9,417
157,745|**2020**
**Number**
12
**2020**
**£**
86,260
2,751
89,011|
|---|---|---|
No employees received emoluments in excess of £60,000.
There were no employees whose annual remuneration was more than £60,000.
## **9 Other**
||**Unrestricted**|Unrestricted|
|---|---|---|
||**funds**|funds|
||**2021**|2020|
|Financing costs|1,812|1,063|
||1,812|1,063|
- 11 -
## **OAKWOOD DOG RESCUE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
|**10**
**Tangible fixed assets**
**Plant and**
**equipment**
**Fixtures and**
**fittings**
**Motor vehicles**
**£**
**£**
**£**
**Cost**
At 1 October 2020
35,966
50,155
19,772
Additions
7,479
63,835
-
At 30 September 2021
43,445
113,990
19,772
**Depreciation and impairment**
At 1 October 2020
13,065
12,539
10,587
Depreciation charged in the year
5,725
9,404
2,296
At 30 September 2021
18,790
21,943
12,883
**Carrying amount**
At 30 September 2021
24,655
92,047
6,889
At 30 September 2020
22,901
37,616
9,185
**11**
**Loans and overdrafts**
**2021**
**£**
Bank loans
33,601
Payable within one year
7,200
Payable after one year
26,401
**12**
**Finance lease commitments**
Future minimum lease payments due under finance leases:
**2021**
**£**
Within one year
3,327
Within two and five years
-
3,327|**Total**
**£**
105,893
71,314
177,207
36,191
17,425
53,616
123,591
69,702
**2020**
**£**
30,000
2,500
27,500
**2020**
**£**
3,277
3,328
6,605|
|---|---|
- 12 -
## **OAKWOOD DOG RESCUE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **13 Creditors: amounts falling due within one year**
|**Notes**
Bank loans
**11**
Obligations under finance leases
**12**
Other taxation and social security
Other creditors
Accruals and deferred income
**Creditors: amounts falling due after more than one year**
**Notes**
Bank loans
**11**
Obligations under finance leases
**12**|**2021**
**£**
7,200
3,327
1,729
201
2,400
14,857
**2021**
**£**
26,401
-
26,401|**2020**
**£**
2,500
3,277
256
4,384
1,320
11,737
**2020**
**£**
27,500
3,328
30,828|
|---|---|---|
## **14 Creditors: amounts falling due after more than one year**
## **15 Retirement benefit schemes**
## **Defined contribution schemes**
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The charge to profit or loss in respect of defined contribution schemes was £9,417 (2020 - £2,751).
## **16 Movement in funds**
|**Balance at**
**1 October 2019**
**£**
Unrestricted funds
General fund
11,605
11,605
**Balance at**
**1 October 2020**
**£**
Unrestricted funds
General fund
66,690|**Movement in funds**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers Revaluations,**
**gains and**
**losses**
**Balance at**
**1 October 2020**
**£**
**£**
**£**
**£**
**£**
275,167
(220,082)
-
-
66,690
275,167
(220,082)
-
-
66,690
**Movement in funds**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers Revaluations,**
**gains and**
**losses**
**Balance at**
**30 September**
**2021**
**£**
**£**
**£**
**£**
**£**
408,326
(357,486)
-
-
117,530|
|---|---|
- 13 -
## **OAKWOOD DOG RESCUE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
|**16**
**Movement in funds**
**17**
**Related party transactions**|66,690|408,326
(357,486)|-|**(Continued)**
-
117,530|
|---|---|---|---|---|
During the year, one company, of which Ms G C Williams, Trustee, as is a director, paid rent at market value, for part of the building from the charity.
- 14 -
Cottons Accountants LLP The Stables, Church Walk Daventry, Northants NN11 4BL
## Dated: ………………………..
Dear Sirs
The following representations are made on the basis of enquiries of management and staff with relevant knowledge and experience such as we consider necessary in connection with your independent examination of the Oakwood Dog Rescue Charity financial statements for the year ended 30[th] September 2021. These enquiries have included inspection of supporting documentation where appropriate and are sufficient to satisfy ourselves that we can make each of the following representations. All representations are made to the best of our knowledge and belief.
## **General**
1. We acknowledge that the work performed by you is substantially less in scope than an audit performed in accordance with International Standards on Auditing (UK) and that you do not express an audit opinion.
2. We confirm that the charitable company qualifies as small in accordance with the conditions set out in chapter 1 of part 15 of the Companies Act 2006.
3. We confirm that the charitable company was entitled to exemption under section 144 of the Charities Act 2011 the requirement to have its financial statements for the financial year ended 30[th] September 2020 audited. We also confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476 of the Companies Act 2006.
4. We have fulfilled our responsibilities as trustees as set out in the terms of your engagement letter, under the Charities Act 2011 for preparing financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), for being satisfied that they give a true and fair view and for making accurate representations to you.
5. All the transactions undertaken by the charitable company have been properly reflected and recorded in the accounting records.
6. All the accounting records have been made available to you for the purpose of your independent examination. We have provided you with unrestricted access to all appropriate persons within the charitable company, and with all other records and related information requested, including minutes of all management and trustee meetings and correspondence with The Charity Commission.
7. The financial statements are free of material misstatements, including omissions.
8. The effects of uncorrected misstatements are immaterial both individually and in total.
## **Assets and liabilities**
9. The charitable company has satisfactory title to all assets and there are no liens or encumbrances on the charitable company’s assets, except for those that are disclosed in the notes to the financial statements.
10. All actual liabilities, contingent liabilities and guarantees given to third parties have been recorded or disclosed as appropriate.
11. We have no plans or intentions that may materially alter the carrying value and, where relevant, the fair value measurements or classification of assets and liabilities reflected in the financial statements.
## **Accounting estimates**
12. The methods, data and significant assumptions used by us in making accounting estimates, and their related disclosures, are appropriate to achieve recognition, measurement and disclosure that is reasonable in the context of the applicable financial reporting framework.
1
## **Loans and arrangements**
13. The charitable company has not granted any advances or credits to, or made guarantees on behalf of, directors other than those disclosed in the financial statements.
## **Legal claims**
14. We have disclosed to you all claims in connection with litigation that have been, or are expected to be, received and such matters, as appropriate, have been properly accounted for and disclosed in the financial statements.
## **Laws and regulations**
15. We have disclosed to you all known instances of non-compliance or suspected non-compliance with laws and regulations whose effects should be considered when preparing the financial statements.
## **Related parties**
16. Related party relationships and transactions have been appropriately accounted for and disclosed in the financial statements. We have disclosed to you all relevant information concerning such relationships and transactions and are not aware of any other matters which require disclosure in order to comply with legislative and accounting standards requirements.
## **Subsequent events**
17. All events subsequent to the date of the financial statements which require adjustment or disclosure have been properly accounted for and disclosed.
## **Going concern**
18. We believe that the charitable company’s financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the charitable company’s needs. We have considered a period of twelve months from the date of approval of the financial statements. We believe that no further disclosures relating to the charitable company’s ability to continue as a going concern need to be made in the financial statements.
## **GRANTS AND DONATIONS**
19. All grants, donations and other income, the receipt of which is subject to specific terms or conditions, have been notified to you and we confirm these are all unrestricted. There have been no breaches of terms or conditions in the application of such income.
Yours faithfully
.............................................................................................................................. Signed on behalf of the board of trustees
2