ST FRANCIS ANIMAL WELFARE (REGISTERED NUMBER.. 1166590) TRUSTEES REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
ST FRANCIS ANIMAL WELFARE CHARITY INFORMATION FOR THE YEAR ENDED 30 SEPTEMBER 2025 Charity name St Francis Animal Welfare Registered charity no. 1166590 Principal address St Francis Animal Welfare Centre Sunny Side Mortimers Lane Fair Oak Eastleigh S050 7EA The following trustees served during the year and to date.. Miss A Lodge Iresigned 11 April 20251 Mrs B Morris Mr G Pragnell Mrs A Bendall Iresigned 6 April 20261 Ms C Rogers Ms K Bailey Mr M Conde (appointed 8 July 20251 Independent examiners Knight Goodhead Ltd 7 Bournemouth Road Chandler's Ford, Eastleigh Hampshire S053 3DA Bankers Natwest PIC 23 Brunswick Place Portswood Southampton 5015 2AQ BlackRock Investment Management IUKI Limited 12 Throgmorton Avenue London EC2N 2DL
ST FRANCIS ANIMAL WELFARE TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 The trustees present their report and accounts for the year ended 30 September 2025. The Charitable Incorporated Organisation ICIOI was registered with the Charity Commission in England and Wales on 18 April 2016. The CIO was dormant until l December 2016 when the activity and assets were transferred from its predecessor unincorporated charity St Francis Animal Welfare Group Icharity number: 2631721. The accounts have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's constitution of rules and bye-laws dated 1955, as amended March 2005 and Accounting and Reporting by Charities" the Statement of Recommended Practice for charities applying FRS 102. Structure, governance and management The predecessor charity St Francis Animal Welfare Group was started in 1953 to provide shelter and care for a variety of animals, mainly domestic pets, which needed re-homing. This work continues through its shelter near Fair Oak, and includes some long-term residents unsuitable for re-homing, though foster homes are increasingly preferred for welfare reasons. The Charity converted to a Charitable Incorporated Organisation in 2016. We continue to seek volunteers to help in the work of the shelter as well as new ideas for fundraising to increase the Charity's income as much as possible. The following trustees served during the year: Mrs B Morris Mr G Pragnell Ms C Rogers Ms K Bailey Mr M Conde lappointed 8 July 20251 Mrs A Bendall Iresigned 6 April 20261 Miss A Lodge (resigned 11 April 20251 There is no Chairperson in place at present. Annette Lodge resigned from the committee in April 2025 after having been a trustee and Chairperson for the previou5 thirteen year5. By transforming the governance, she guided the charity onto the path that we continue on today - her main aim being to improve the lives of all the animals that came into our care. New trustees are appointed when appropriate, candidates being assessed on the basis of their skills and experience. New trustees have the opportunity of reviewing appropriate documents such as accounts and the Charity Commission guidance on the role of the trustee as part of their induction. As part of their ongoing responsibilities the Trustees have assessed the major risks affecting the charity and are continuing to implement and review policies to mitigate those risks.
ST FRANCIS ANIMAL WELFARE TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 (continued...) Objectives and artivities The charity's objects are the furtherance of animal welfare for public benefit in the locality, principally southern Hampshire, by the maintenance of a shelter (animal rescue homel for the benefit of needy animals and the provision of other rescue, rehabilitation and support services for such animals. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achievements and performance The Trustees had made the difficult decision to sell an unused property on our site which had previously been used as the Manager's house and which would have needed substantial improvements to bring it up to standard. Since covid, St Francis Animal Welfare has had a couple of difficult years with regards to income and its reserves had been substantially reduced. The house was finally sold by auction in July 2025 and the money from the sale will enable St Francis Animal Welfare to have a solid financial reserve in order to continue its work of rescuing. rehabilitating and rehoming animals for many years to come. The trustees took the decision to use a small amount of the proceeds to replace the shelter van which was written off in an accident last summer after many years of service. A brand new Nissan Townstar wa5 purchased which we plan to have sign written for publicity. After two years of deficits which strained our finances, we were delighted this year to show a substantial surplus before adjusting for losses on revaluation. Income rose significantly due to generous legacies. increased general donations and successful events. We also had our first year of successful grant applications which included not only grants for capital projects but also for running costs. Overheads were kept well controlled despite high inflation. After Annette Lodge resigned as Chairperson, the committee took the decision not to refill that role but act collectively as a Board, splitting the Chair's roles between us and chairing the meetings in turn. Kerry Bailey took on the role of Secretary. We feel that this approach has worked well over the last year. St Francis Animal Welfare made significant progress over the past year in fulfilling its mission to rescue. rehabilitate, and rehome animals across Hampshire. The committee continues to work passionately to ensure the ongoing success and growth of St Francis Animal Welfare.
ST FRANCIS ANIMAL WELFARE TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 (continued...) Financial review and reserves The charity had a deficit of £7,231 for the year. Total reserve5 at the balance sheet date were £581.541, including freehold property which was revalued to £150,000. The charity deficits in the previous three years had resulted in a reduction in the charity's reserves, and as a result the trustees took the decision to sell part of the property, Sunnyside Cottage, which was unused, to raise additional funding. The sale completed in June 2025 raising £300,000 before associated costs. This injection of funds will tide us over for several years, coupled with increased revenue from donations, grants and legacies. However the monies received have been offset by the freehold property revaluation resulting in the deficit. This report has been prepared in accordance with the governing document and the Statement of Recommended Practice 'Accounting and Reporting by Charities applying FRSIO2. Trustees responsibilities The trustees are responsible for preparing the Trustees, Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Charity law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that year. In preparing these accounts, the trustees are required to: select suitable accounting policies and then apply them consistently,. observe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable and prudent; and prepare the accounts on the going concern basis unless It is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charities Act 2011. They are a150 responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the board of trustees on 20-Jul-2026 C EDfj8*J C Rogers Trustee B Morris Trustee
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST FRANCIS ANIMAL WELFARE I report to the trustees on my examination of the accounts of St Francis Animal Welfare for the year ended 30 September 2025 which set out on pages 6 to 14. RESPONSIBILITIES AND BASIS OF REPORT As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the Trustee's accounts carried out under section 145 of the Charities Act 2011 (the '2011 Act'l and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. INDEPENDENT EXAMINER'S STATEMENT Since the company'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 l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. 11 accounting records were not kept in respect of the charity as required by section 130 of the Act,. or 21 the accounts do not accord with those records,. or 31 the accounts 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 accounts to be reached. 20-Jul-2026 CJ GOODHEAD FCA Knight Goodhead Limited Chartered Accountants 7 Bournemouth Road Chandler's Ford, Eastleigh Hampshire S053 3DA
ST FRANCIS ANIMAL WELFARE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025 Unrestricted funds Restricted funds Total 2025 Total 2024 Notes INCOME Donations Adoptions Fundraising Membership fees Legacies Sales and other income Commissions received Investment income Grants 101,588 18,200 31,669 120 98,273 14,421 2,067 2,204 11,192 101,588 18,200 31,669 120 98,273 14,421 2,067 2,204 15,192 67,295 16,547 38,451 109 14,817 8,916 1,578 3,677 1,000 4,000 TOTAL INCOME 279,734 4,000 283,734 152,390 EXPENDITURE Direct expenditure 39,928 39,928 47,268 Charitable activities 253,483 253,483 164,803 TOTAL EXPENDITURE 293,411 293,411 212,071 Net gain on revaluation 2,446 2,446 2,820 NET INCOME/(EXPENDITURE} FOR THE YEAR 111,2311 4.000 {7,2311 {56.861) TOTAL FUND BALANCES BROUGHT FORWARD 588,772 588,772 645,633 TOTAL FUND BALANCES CARRIED FORWARD 577,541 4.000 581,541 588.772 All income and expenditure in the comparative year was unrestricted.
ST FRANCIS ANIMAL WELFARE BALANCE SHEET AT 30 SEPTEMBER 2025 2025 2024 Notes FIXED ASSETS Tangible assets 168,690 512,603 CURRENT ASSETS Debtors Investments Cash at bank and in hand 19,778 317,187 85,116 422,081 8,135 59,741 23,950 91,826 CREDITORS= amounts falling due within less than one year 19,2301 115,6571 NET CURRENT ASSETS 412,851 76,169 NET ASSETS 581,541 588,772 FUNDS Restricted reserves General reserves Designated reserves Revaluation reserves 4,000 425,095 150,000 2,446 77,907 510,865 TOTAL FUNDS io 581,541 S88,772 Approved by the Trustees on and signed on their behalf by 20-Jul-2026 B Morris Trustee
ST FRANCIS ANIMAL WELFARE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 I ACCOUNTING POLICIES lal Accounting convention The financial statements have been prepared in accordance with 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 IFRS 1021 (effective l January 20191- (Charities SORP IFRS 10211. The charity meets the definition of the public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. Ibl Fund accounting Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds are unrestricted funds earmarked by the trustees for specific purposes. Restricted funds are subjected to restrictions on their expenditure imposed by the donor. Icl Income All income is included in the Statement of Financial Activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.. Donations and legacies are received by way of donations, legacies and gifts arbd are included in full in the Statement of Financial Activities when receivable. Investment income is included when receivable. Income is deferred when, at the end of an accounting period, they have been received but the tharity has yet to become unconditionally entitled to them. Idl Expenditure Expenditure is recognised on an accrual basis as a liability is incurred. Costs are apportioned in line with the income received from that source during the period. Charitable activities expenditure comprises of those costs incurred by the charity in the delivery of its activities and services. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly.
ST FRANCIS ANIMAL WELFARE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 {continued) I ACCOUNTING POLICIES Icontinuedl lel Fixed assets Fixed assets are capitalised for ongoing use within the charity, where the individual cost of the asset exceeds £lOO. They are stated at historical cost (less depreciation) with the exception of freehold property which was revalued in 2025. Depreciation is provided on fixed assets to spread the cost over the estimated useful lives of the relevant assets at the following rates.. Freehold property Plant and machinery Fixtures and fittings Computer equipment Motor vehicles 4Y. Straight line 15Yo Reducing balance 15% Reducing balance 33% Straight line 20% Reducing balance If) Investments Investments are stated at their market valuation with the movement in the carrying value being recognised in the statement of financial activities. Igl Pensions costs Contributions in respect of the company's defined contribution scheme are charged to the Statement of Financial Activities for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end. 2 LEGAL STATUS The charity is a Charitable Incorporated Organisation ICIOI and was registered on 18 April 2016 with the Charity Commission in England and Wales. The charity previously operated (until 30 November 20161 as an unincorporated charity St Francis Animal Welfare Group Icharity number= 2631721, which was registered on 22 November 1971. The assets of the old charity were transferred to the new CIO on l December 2016. The registered office of the charity is St. Francis Animal Welfare Centre, Sunny Side, Mortimers Lane, Fair Oak, Eastleigh, S050 7EA. 3 STAFF COSTS 2025 2024 Wage5 and salaries including national insurance Pension 136,199 2,762 138,961 116,361 2,507 118,868 The average number of staff employed during the period was 1012024.. 101. No employee received emoluments of £60,000 or more during this or the prior period.
ST FRANCIS ANIMAL WELFARE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 {continued) 3 STAFF COSTS Icontinuedl No trustees received any emoluments or were reimbursed for expenditure incurred on behalf of the charity during this or the prior period. The trustees represent the key management personnel of the charity. At the balance sheet date there were outstanding pension contributions payable of £29812024.. £1771- Total pension contributions of £2,76212024'. £2,507) were paid by the charity and are included in the SOFA. 4 EXPENDITURE Unrestricted funds Restricted funds Total 2025 Total 2024 DIRECT EXPENDITURE Purchases of feed Purchases of veterinary/ farrier services Miscellaneous purchases Advertising and fundraising expenses 291 33,240 533 5,864 39,928 291 33,240 533 5,864 39,928 1,621 34,671 1,419 9,557 47,268 CHARITABLE ACTIVITIES EXPENDITURE Staff costs Rent, rates and refuse Light and heat Motoring costs Premises expenses Postage, stationery and admin sundries Telephones Computer repairs and fees Equipment maintenance Cleaning cost Legal fees Accountancy and examination fees Insurance Bank and credit card charges Training General expenses Repairs and renewals Equipment hire Grants Depreciation Loss on disposal/revaluation of fixed assets Inote 31 138,961 6,503 8,164 2,255 2,858 519 2,835 827 2,376 311 138,961 6,503 8,164 2,255 2,858 519 2,835 827 2,376 311 118,868 5,148 15,080 3,353 3,399 305 3,687 635 505 927 350 2,105 2,945 1,581 448 2,306 3,093 1,924 2,306 3,093 1,924 740 7,026 1,646 773 557 69,809 253,483 740 7,026 1,646 773 557 69,809 253,483 5,467 164,803 Included within accountancy and examination tees above are amounts due to the independent examiners in relation to independent examination of £1,500 12024= £1,390). Also included is £806 12024= £7151 for other work. io
ST FRANCIS ANIMAL WELFARE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 20251continued) 5 TANGIBLE ASSETS Freehold Furniture & Property Equipment Motor Vehicles Total COST At l October 2024 Additions Disposal/revaluation At 30 September 2025 552,706 5,580 558,286 17,509 1402,7061 173.089 17,509 1402,7061 150,000 5,580 17,509 DEPRECIATION At l October 2024 Charge On disposal/revaluation At 30 September 2025 41,841 3,842 265 45,683 557 141,8411 4,399 292 141,8411 4,107 292 NET BOOK VALUE At beginning of year Atend of year 510,865 150,000 1,738 1,473 512,603 168,690 17,217 The remaining freehold property was professionally valued at £150,000 in October 2025 by Destin Chandler Hawkins Chartered Surveyors. The book value of the whole site on transfer from the predece550r charity on l December 2016 was £552,706. The house element from the freehold property was sold during the year for £300,000. 6 OEBTORS 2025 2024 Prepayments and accrued income Other taxation and social security Other debtors 6,911 9,254 3,613 19,778 3,251 4,506 378 8,135 7 INVESTMENTS 2025 2024 Investment income funds National Savings 262,187 55,000 317,187 34,741 25,000 59,741 Movement on investments in the year.. Capital funds withdrawn Capital investments Movement in market valuation (adjusted via revaluation reserve) Net movement in the year 125,0001 280,000 2,446 257,446 150,CN)01 2,820 {47,180) li
ST FRANCIS ANIMAL WELFARE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 {continued) 8 CREDITORS: amounts falling due within one year 2025 2024 Trade creditors Other creditors including taxation and social security Accruals and deferred income 1,784 2,679 4,767 9.230 8,857 1,525 5,275 15.657 9 FUNDS The reserve movements during the year were.. Funds brought for•iard Income Expendlture Revaluatlons and transfers Funds carried fonmard Boiler fund Restricted funds 4,000 4,000 4,000 4,000 Revaluation reserve Freehold property General funds Unrestrlcted funds 2,446 1291,0561 291.056 2,446 2,446 150,(X)O 425,09S 577.541 510,865 77,907 588.772 169,8091 1223,6021 {293.411) 279.734 279,734 BOILER FUND This is a restricted fund for the purpose of replacing the boiler. 2024 comparative movements Funds brought fonvard Income Expenditure Revaluations and transfers Funds carried fonvard Revaluation reserve Freehold property General funds 5,975 516,026 123,632 645,633 15,9751 15,1611 1206,9101 1212,0711 510,865 77,907 588.772 152,390 152,390 8,795 2,820 12
ST FRANCIS ANIMAL WELFARE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 {continued) 10 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestrltted Deslgnated fund5 funds Restrlcted funds Total funds For the year ended 30 September2025 Tangible fixed assets Debtors Investments Bankand cash Creditors 18,690 19,778 317,187 81,116 19,2301 427,541 150,000 168,690 19,778 317,187 85,116 19,2301 581,541 4,000 150.000 4,000 For the yeor ended 30 September2024 Tangible fixed assets Debtors Investments Bankand cash Creditors 1,738 8,135 59,741 23,950 115,6571 77,907 510,865 512,603 8,135 59,741 23,950 115,6571 588,772 510,865 11 RELATED PARTY TRANSACTIONS There were no related party transactions during this or the prior year. 12 OPERATING LEASE COMMITMENTS At 30 September 2025, the charity had total commitments under non-cancellable operating leases, due as follows.. 2025 Amounts due within one year Amounts due between one and five years Amounts due after five years 1,646 4,937 6,583 13
ST FRANCIS ANIMAL WELFARE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 {continued) 13 COMPARATIVE STATEMENT OF FINANCIALACTIVITIES 2024 Total funds Unrestricted funds Restrirted funds INCOME Donations Adoptions Fundraising Membership fees Legacies Sales and other income 67,295 16,547 38,451 109 14,817 8,916 1,578 3,677 1,000 67,295 16,547 38,451 109 14,817 8,916 1,578 3,677 1,000 Commissions received Investment income Government grants TOTAL INCOME 152,390 152,390 EXPENDITURE Direct expenditure 47,268 47,268 Charitable activities 164,803 164,803 TOTAL EXPENDITURE 212,071 212,071 Net gain on revaluation 2,820 2,820 NET EXPENDITURE FOR THE YEAR (56,861) (56,861) TOTAL FUND BALANCES BROUGHT FORWARD 645,633 645,633 TOTAL FUND BALANCES CARRIED FORWARD 588,772 588.772 14