Charity No. 1167093
## **RABBIT WELFARE FUND**
**TRUSTEES' REPORT & FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2021**
## **RABBIT WELFARE FUND TRUSTEES' REPORT & FINANCIAL STATEMENTS CONTENTS**
||**Page(s)**|
|---|---|
|Charity Information|1|
|Trustees' Annual Report|2 - 5|
|Independent Examiners' Report|6|
|Statement Of Financial Activities|7|
|Summary Income And Expenditure Account|8|
|Balance Sheet|9|
|Statement Of Cash Flows|10|
|Notes To The Financial Statements|11 - 17|
|The following pages do not form part of the statutory accounts:||
|Detailed Statement Of Financial Activities|18 - 19|
**RABBIT WELFARE FUND CHARITY INFORMATION FOR THE YEAR ENDED 31 MARCH 2021**
## **Charity No. 1167093**
## **Registered Office**
Enigma House Culmhead Business Centre Taunton Somerset TA3 7DY
## **Trustees**
Rachel Walters Emma Boyd Roslyn Lamb Alan Wilson
## **Accountants**
Noakes Accounting Limited 66 South Street Taunton TA1 3AF
## **Independent Examiners**
Albert Goodman LLP Goodwood House Blackbrook Park Avenue Taunton TA1 2PX
1
## **RABBIT WELFARE FUND TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2021**
## **Introduction**
The Trustees present their report with the financial statements of the charity for the year ended 31 March 2021.
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 (FRS 102) (effective 1 January 2019), as detailed in the accounting policies.
## **Administration**
Rabbit Welfare Fund Registered Charity No. 1167093
## **Trustees**
The following Trustees served during the year:
Rachel Walters Emma Boyd Roslyn Lamb Alan Wilson
## **Registered Office**
Enigma House Culmhead Business Centre Taunton Somerset TA3 7DY
## **Accountants**
Noakes Accounting Limited 66 South Street Taunton TA1 3AF
## **Independent Examiners**
Albert Goodman LLP Goodwood House Blackbrook Park Avenue Taunton TA1 2PX
## **H&S Adviser**
Mark Dron
## **Specialist Vet Adviser**
Dr Richard Saunders
## **Structure, governance and management**
Rabbit Welfare Fund (the "Charity") was registered as a Charitable Incorporated Organisation (CIO) on 16 May 2016, charity number 1167093.
All of the trustees currently in place are the first charity trustees, and hence have been in place since the Charity was registered. As stated in the governing document, these trustees will remain in place until they resign or are removed. Any additional trustees, of which there are currently none, shall have terms of three years.
The trustees are responsible for proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity, and to enable them to ensure that the financial statements comply with the Charities Act 2011. The trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
2
## **RABBIT WELFARE FUND TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2021**
Rabbit Welfare Fund was formed when the sister membership organisation Rabbit Welfare Association & Fund, a limited by guarantee company (Company No. 10044925), was receiving donations to put towards improving rabbit welfare. The two organisations still share common goals and Rabbit Welfare Association & Fund ("RWAF") still raise donations on behalf of Rabbit Welfare Fund.
## **Aims and objectives**
These remain unchanged as:
TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE CARE AND OWNERSHIP OF DOMESTIC RABBITS KEPT AS PETS IN BRITAIN AND TO FURTHER ADVANCE THE KNOWLEDGE OF RABBIT MEDICINE AMONGST THE UK VETERINARY PROFESSION.
TO CONDUCT OR PROMOTE THE CONDUCT OF RESEARCH AND PUBLISH THE USEFUL RESULTS OF SUCH RESEARCH INTO SPECIFIC HEALTH PROJECTS IN ORDER TO INCREASE UNDERSTANDING OF COMMON HEALTH PROBLEMS IN DOMESTIC RABBITS.
We have a brilliant and constantly updated website to offer the most contemporary and best practice advice to rabbit owners, as well as the messages that we put out on social media and in the press.
We have held online Continuing Professional Development (CPD) for Vets and Vet Nurses throughout this year and disseminated new information regarding vaccines and other developments via our website and to our vet mailing list via e- mail. We continue to run a telephone helpline 5 days a week, in which we provide advice to rabbit owners, and give similar advice via our e-mail service.
## **Achievements and performance for the year April 2020 to March 2021**
## Good Practice Code for the welfare of rabbits
The 5 Welfare Needs stated in the Animal Welfare Act are the accepted framework on which good welfare is delivered. Codes of practice are the agreed guidelines on how pet owners can meet these welfare needs.
There have been codes of practice for other species; dogs and cats for example, for a number of years but as is often the way, rabbits were left behind. We are therefore delighted to have delivered the Good Practice Code for the Welfare of rabbits. This document contains codes of practices agreed between a number of stakeholders including the RWAF, the RSPCA and AGPAW (the All-Party Parliamentary Group for Animal Welfare). Each of the stakeholders will publish the document on their respective websites, which means the information will be widely available.
We have been working hard on this for a number of years and are very excited that the codes are now agreed and published. These codes were written by a working group of organisations all with a key stake in rabbit welfare, so it will be extremely influential. The next stage will be to have the codes adopted by DEFRA, so that they become statutory. This is the plan for 2022. The Good Practice Code for the Welfare of rabbits is available for download on our website.
## Social Media
We are using a PR company to post regular care and welfare advice and to grow our social media audiences so that we can get the messages out to as many people as possible. Please help us by sharing our messages if you can. This is a big investment for us, but we are really pleased with the results and the interactions so far, of course the cute bunny pictures are popular but so are the more hard-hitting graphics that they have produced for us.
## Rabbit Friendly Vet list
We continue to assess and add rabbit friendly vet practices to our website We now have over 160 vet practices listed on our website, and 14 of them are Gold standard which means they have a Specialist vet there. This is a free service via our website which matches up rabbit owners with their nearest assessed rabbit friendly vet to ensure the best care possible is obtained.
## Animal Welfare Officer Report
Our Animal Welfare Officer Mark Dron has primarily been investigating unlicenced rabbit sales online, as well as visiting premises and reporting any unlicenced sellers and welfare concerns. An extract from Mark’s annual report follows.
## Introduction
2020 was a very unusual year for everyone, and the work that I would normally undertake was massively impacted by the three 2020 Lockdowns, and the huge impact of the Covid-19 Pandemic on how people lived their lives.
However, far from reducing the workload of the AWO, the fact that many people lived their lives online, and shifted their businesses and shopping habits to online platforms actually saw a noticeable increase in the amount of breeders advertising and selling online, and thus a similarly noticeable increase in casework and referrals made to other agencies.
3
## **RABBIT WELFARE FUND TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2021**
## 2020 Figures
Total cases raised for 2020 – 355 Previous total cases raised 2019 – 107 Increase in cases – 248 (69.9% increase)
As can be seen there was a sizeable increase in cases raised by the AWO in 2020, it is believed that this was largely due to a marked increase in online breeders, but also represents an increase in cases referred to RWAF Head Office by members and the public, relating to animal welfare issues and concerns uncovered during 2020.
## Types of cases
Whilst carrying out enquiries for the RWF, there are occasions where other offending is identified by the AWO. Where this happens, details and information are always recorded and passed to the appropriate enforcement agencies. In 2020, the offending profile was as follows:
Animal Welfare Offences including Licensing – 283 Illegal Hunting Offences (Including Hare Coursing) – 21 Fraud Act 2006 – 18
CITES (Endangered Species) Offences – 8 Firearms (These all form part of wider offending usually involving illegal hunting) – 6 Other offences - 21
## Summary
As can be seen the largest area of concern in 2020 related to the AWO’s primary duties which involve identifying unlicensed Pet Sellers (usually rabbit breeders, but there are other areas of concern that have impacted on the casework), with fraud, illegal hunting, firearms and endangered species issues accounting for 53 case referrals in 2020.
## Referrals in 2020
Referrals were made to the following agencies in 2020: Local Authorities – 80 HMRC & Other Govt Agencies – 75 Police UK and Overseas – 8 Other Agencies – 35 Total Referrals in 2020 – 198
## Special projects and notable work
It was noted in July 2020, that a selling platform that had previously been virtually devoid of rabbit sales had suddenly exploded with new breeders, this was Free-ads a platform similar to Ebay and other sites, whereby used items could be offered for sale, amongst the commodities offered were a massive array of animals including rabbits.
I carried out a special project (which is now in its final month of activity) targeting sellers on this platform; the immediate notable and interesting factor identified from this project was the preponderance of new traders identified (by which we mean those who have started breeding in 2020), and this has shown a marked increase in activity.
The project has also provided us with many more in-roads into activity in SCOTLAND and WALES, which will form the basis of a sizeable project in 2021.
Through links in to volunteering with the Angling Trust / EA on Fishery crime, we have also managed to make connections with local Police Forces in the South East, which has enabled us to find contacts in rural crime teams who are happy to receive and deal with intelligence relating to Hare Coursing, which has seen a massive increase in the Winter months of 2020.
I also obtained the Animal Welfare Inspection qualification in 2020, as well as attending a number of other courses which have enabled me to provide a wider base of assistance to the RWAF’s Senior Management Team.
## 2021
2021 has started in much the same manner as the majority of 2020, in Lockdown and still plagued by the Covid-19 pandemic; it is however shaping up to be another busy year and the following work is planned:
1. We already have 43 cases open in the book to be researched, an increase of 18 on this time last year.
2. Geographical Intelligence Project looking at Wales, Scotland, Northern Ireland and the Isle of Man.
3. More liaison with Rural Crime Teams as contacts can be made.
4. Resumption of observation and visit programme once Lockdown is eased.
5. Planned increase in referral activity provided the pace of identification of breeders and their locations can be maintained.
4
**RABBIT WELFARE FUND TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2021**
6. Possibility of closer-working with a new charity that deals primarily with animal cruelty matters (The Animal Protection Service) who have a presence in the South East and elsewhere in the UK, and while they largely deal with Dogs and Puppy Farming, are also looking to diversify across different pet animal species.
## Ongoing business as usual
As well as the points noted above, the RWF spent the year doing whatever it could to improve the health and welfare of companion rabbits, which included educating rabbit owners and potential rabbit owners, working with various committees to improve legislation protecting rabbits, and challenging poor information and representation of pet rabbits in the media.
## **Financial review**
The Rabbit Welfare Fund is relatively small charity and the majority of the income funds our campaigning and educational work.
Income had decreased from £109,288 to £107,040 during this period. However overheads had also decreased, leaving a net surplus of £44,156, an increase on last year's surplus of £38,141. Most of this surplus remained within general funds. We continue to monitor our overheads and reserves to ensure that we are able to meet our obligations.
We are not large enough to have investments, other than money in our deposit bank account, so we do not have an investment policy or risk assessment in place for this. However as at 31 March 2021 our funds at the bank exceeded the £85,000 that would be covered by the Financial Services Compensation Scheme in full. In the year ahead we will need to consider the risk posed by this and how to mitigate it.
The risks that could affect the charity are, like all charities a drop in donations. With the current economic uncertainty surrounding the covid pandemic, we have to bear this is mind. We have considered the risk this may cause us and have come to the conclusion that the risk is minimal because the majority of the donations we receive are small. We do not take financial risk.
Donations and legacies account for the majority of the income. We generate a significant amount donations from members of RWAF and any orders processed via our website shop.rabbitwelfare.co.uk.
We have more recently started to receive legacy payments too. This is because our charity is now 20 years old and becoming more well known, and we expect that this will continue.
We have a reserves policy in place, whereby we maintain 3 months of general unrestricted funds in our deposit account. This is to cover unforeseen drops in income. As at year end 31 March 2021 there was £91,003 of general unrestricted funds, which is far in excess of that required by the policy.
## **Plans for future periods**
We intend to continue our campaign work, push for the implementation of good practice codes, and overall, to give companion rabbits a more equal status to that of dogs and cats.
## **Approval**
This report was approved by the board of Trustees on 19 January 2022 and signed on its behalf by:
Rachel Walters Trustee
5
## **RABBIT WELFARE FUND INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2021**
## **Independent examiners report to the Trustees of Rabbit Welfare Fund**
I report to the trustees on my examination of the accounts for Rabbit Welfare Fund (“the charity”) for the year ended 31 March 2021, set out on pages 7 - 17.
## **Responsibilities and basis of report**
As the charity trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the 2011 Act”).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and 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**
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:
1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
2. the accounts do not comply with these records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of the 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.
Michelle Ferris BSc (Hons) FCA DChA Albert Goodman LLP Goodwood House Blackbrook Park Avenue Taunton TA1 2PX
20 January 2022
6
## **RABBIT WELFARE FUND STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31 MARCH 2021**
**----- Start of picture text -----**
Unrestricted Restricted Unrestricted Restricted
Funds Funds Total Funds Funds Funds Total Funds
2021 2021 2021 2020 2020 2020
Notes £ £ £ £ £ £
Income and endowments from:
Donations and legacies 3 86,007 (1,525) 84,482 36,131 52,065 88,196
Charitable activities 4 16,366 - 16,366 18,458 - 18,458
Investments 5 25 - 25 104 - 104
Other 6 6,167 - 6,167 2,530 - 2,530
Total 108,565 (1,525) 107,040 57,223 52,065 109,288
Expenditure on:
Raising funds 7 236 1,632 1,868 251 2,969 3,220
Charitable activities 8 12,290 - 12,290 18,655 - 18,655
Other 9 48,726 - 48,726 49,272 - 49,272
Total 61,252 1,632 62,884 68,178 2,969 71,147
Net income/(expenditure) 47,313 (3,157) 44,156 (10,955) 49,096 38,141
Transfers between funds - - - (4,562) 4,562 -
Net movement in funds 47,313 (3,157) 44,156 (15,517) 53,658 38,141
Reconciliation of funds:
Total funds brought forward 51,690 50,723 102,413 67,207 (2,935) 64,272
Total funds carried forward 16 99,003 47,566 146,569 51,690 50,723 102,413
**----- End of picture text -----**
All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 16 to the financial statements.
7
## **RABBIT WELFARE FUND SUMMARY INCOME AND EXPENDITURE ACCOUNT**
## **FOR THE YEAR ENDED 31 MARCH 2021**
**----- Start of picture text -----**
2021 2020
£ £
Income 107,015 109,184
Interest and investment income 25 104
Gross income for the year 107,040 109,288
Total expenditure for the year (62,884) (71,147)
Net surplus before tax for the year 44,156 38,141
Net surplus for the year 44,156 38,141
**----- End of picture text -----**
8
## **RABBIT WELFARE FUND BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2021**
**----- Start of picture text -----**
Notes 2021 2020
£ £
Current assets
Debtors 13 56,491 59,185
Cash at bank and in hand 95,770 48,503
152,261 107,688
Liabilities
Creditors: amounts falling due within one year 14 (5,692) (5,275)
Net current assets 146,569 102,413
Total assets less current liabilities 146,569 102,413
Net assets excluding pension asset or liability 146,569 102,413
Net assets 146,569 102,413
The funds of the charity
Restricted funds
Restricted income funds 16 47,566 50,723
47,566 50,723
Unrestricted funds
General funds 16 91,003 43,690
Designated funds 16 8,000 8,000
99,003 51,690
Total funds 146,569 102,413
**----- End of picture text -----**
The financial statements were approved by the Board of Trustees on 19 January 2022 and signed on its behalf by:
Rachel Walters Trustee
9
## **RABBIT WELFARE FUND STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2021**
**----- Start of picture text -----**
2021 2020
£ £
Cash flows from operating activities
Net income as per statement of financial activities 44,156 38,141
Adjustments for:
Dividends, interest and rents from investments (25) (104)
Decrease/(increase) in debtors 2,694 (47,846)
Increase in creditors 417 581
Net cash provided by/(used in) operating activities 47,242 (9,228)
Cash flows from investing activities:
Dividends, interest and rents from investments 25 104
Net cash provided by investing activities 25 104
- -
Net cash provided by/(used in) financing activities
Change in cash and cash equivalents 47,267 (9,124)
Cash and cash equivalents at the beginning of the year:
Cash at bank and in hand 48,503 57,627
48,503 57,627
Cash and cash equivalents at the end of the year: 95,770 48,503
Components of cash and cash equivalents
Cash at bank and in hand 95,770 48,503
95,770 48,503
**----- End of picture text -----**
10
**RABBIT WELFARE FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **1 Accounting policies**
## _**Accounting basis**_
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 (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
## _**Change in basis of accounting or to previous periods**_
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## _**Fund accounting**_
Unrestricted general funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. Unrestricted designated These are unrestricted funds earmarked by the trustees for particular purposes. Restricted income funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. _**Income**_ Recognition of income Income is included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Income with related Where income has related expenditure the income and related expenditure are expenditure reported gross in the SoFA. Donations and legacies Voluntary income received by way of grants, donations and gifts is included in the SoFA when receivable and only when the charity has unconditional entitlement to the income. Tax reclaims on donations Income from tax reclaims is included in the SoFA at the same time as the and gifts gift/donation to which it relates. Donated services and These are only included in income (with an equivalent amount in expenditure) facilities where the benefit to the charity is reasonably quantifiable, measurable, and material. Volunteer help The value of any volunteer help is not included within the accounts. Investment income This is included within the accounts when receivable. Gains/(losses) on revaluation This includes any gain or loss resulting from revaluing investments to market of fixed assets value. Gains/(losses) on investment This includes any gain or loss of the sale of investments. assets _**Expenditure**_ Recognition of expenditure Expenditure is recognised on an accruals basis. Expenditure includes any VAT that cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on raising funds These comprise the costs associated with attracting voluntary income, fundraising trading costs and investment management costs. Expenditure on charitable These comprise the costs incurred by the charity in the delivery of its activities activities and services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an accrual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
11
**RABBIT WELFARE FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
Governance costs
Other expenditure
These include those costs associated with meeting the constitutional and statutory requirements of the charity, including any audit/independent examination fees, costs linked to the strategic management of the charity, together with a share of other administration costs.
These are support costs not allocated to a particular activity.
## _**Taxation**_
The charity is exempt from corporation tax on its charitable activities.
## _**Trade and other debtors**_
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## _**Cash and cash equivalents**_
Cash and cash equivalents comprised cash at bank and on hand, demand deposits with banks and other shortterm highly liquid investments with original maturities of three months or less and bank overdrafts. In the Statement of Financial Position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the charity's cash management.
## _**Trade and other creditors**_
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has as present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## _**Financial instruments**_
Financial assets and financial liabilities are recognised in the balance sheet when the charity becomes party to the contractual provisions of the instrument.
Basic financial assets, including trade and other receivables, cash and bank balances and investments in commercial paper, are initially recognised at transaction price. Such assets are subsequently carried at amortised cost using the effective interest method.
Basic financial liabilities, including trade and other payables, bank loans, loans from group companies and preference shares that are classified as debt, are initially recognised at transaction price. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
## **2 Charity information**
Rabbit Welfare Fund is a charitable incorporated organisation (CIO) registered with the Charity Commission in England & Wales. The registered office address is Enigma House, Culmhead Business Centre, Taunton, Somerset, TA3 7DY.
12
## **RABBIT WELFARE FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
|**3**
**Income from donations and legacies**
Donations
Fundraising
Sponsor A Rescue
Gift Aid
**4**
**Income from charitable activities**
A Hutch Is Not Enough
Educational leaflet sales
**5**
**Income from investments**
Bank interest
**6**
**Other income**
RWAF management fee income
Other revenue
**7**
**Expenditure on raising funds**
Fundraising
Sponsor A Rescue
**8**
**Expenditure on charitable activities**
A Hutch Is Not Enough
Educational leaflet sales
Advertising|Unrestricted
Funds
2021
£
56,643
26,649
-
2,715
86,007
Unrestricted
Funds
2021
£
51
16,315
16,366
Unrestricted
Funds
2021
£
25
25
Unrestricted
Funds
2021
£
5,193
974
6,167
Unrestricted
Funds
2021
£
236
-
236
Unrestricted
Funds
2021
£
-
7,900
4,390
12,290|Restricted
Funds
2021
£
(3,431)
-
1,906
-
(1,525)
Restricted
Funds
2021
£
-
-
-
Restricted
Funds
2021
£
-
-
Restricted
Funds
2021
£
-
-
-
Restricted
Funds
2021
£
-
1,632
1,632
Restricted
Funds
2021
£
-
-
-
-|**Total Funds**
**2021**
**£**
**53,212**
**26,649**
**1,906**
**2,715**
**84,482**
**Total Funds**
**2021**
**£**
**51**
**16,315**
**16,366**
**Total Funds**
**2021**
**£**
**25**
**25**
**Total Funds**
**2021**
**£**
**5,193**
**974**
**6,167**
**Total Funds**
**2021**
**£**
**236**
**1,632**
**1,868**
**Total Funds**
**2021**
**£**
**-**
**7,900**
**4,390**
**12,290**|Unrestricted
Funds
2020
£
23,714
10,767
-
1,650
36,131
Unrestricted
Funds
2020
£
367
18,091
18,458
Unrestricted
Funds
2020
£
104
104
Unrestricted
Funds
2020
£
-
2,530
2,530
Unrestricted
Funds
2020
£
251
-
251
Unrestricted
Funds
2020
£
994
9,290
8,371
18,655|Restricted
Funds
2020
£
50,000
-
2,065
-
52,065
Restricted
Funds
2020
£
-
-
-
Restricted
Funds
2020
£
-
-
Restricted
Funds
2020
£
-
-
-
Restricted
Funds
2020
£
-
2,969
2,969
Restricted
Funds
2020
£
-
-
-
-|**Total Funds**
**2020**
**£**
**73,714**
**10,767**
**2,065**
**1,650**
**88,196**
**Total Funds**
**2020**
**£**
**367**
**18,091**
**18,458**
**Total Funds**
**2020**
**£**
**104**
**104**
**Total Funds**
**2020**
**£**
**-**
**2,530**
**2,530**
**Total Funds**
**2020**
**£**
**251**
**2,969**
**3,220**
**Total Funds**
**2020**
**£**
**994**
**9,290**
**8,371**
**18,655**|
|---|---|---|---|---|---|---|
13
## **RABBIT WELFARE FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **9 Other expenditure**
|Benevolent Fund Veterinary Payments
Capone Fund
Other Campaign Costs
Other Expenditure - RWF Rescue Rabbits
Management and volunteer costs
Premises costs
General administrative costs
Legal and professional costs|Unrestricted
Funds
2021
£
-
8,668
3,798
5,938
11,003
3,062
1,610
14,647
48,726|Restricted
Funds
2021
£
-
-
-
-
-
-
-
-
-|**Total Funds**
**2021**
**£**
**-**
**8,668**
**3,798**
**5,938**
**11,003**
**3,062**
**1,610**
**14,647**
**48,726**|Unrestricted
Funds
2020
£
2,737
8,163
5,820
3,228
1,604
5,797
2,347
19,576
49,272|Restricted
Funds
2020
£
-
-
-
-
-
-
-
-
-|**Total Funds**
**2020**
**£**
**2,737**
**8,163**
**5,820**
**3,228**
**1,604**
**5,797**
**2,347**
**19,576**
**49,272**|
|---|---|---|---|---|---|---|
Included within 'Legal and professional costs' is an expense for independent examination fees of £840 (2020: £480).
## **10 Staff numbers**
The average number of employees during the year was as follows: 1 (2020: Nil).
## **11 Staff costs, trustee remuneration and expenses**
No employee received amoluments in excess of £60,000.
Rachel Walters (trustee) received payment for management services supplied to the charity during the year totalling £8,328, including benefits (2020: £7,600). Rachel did not receive reimbursement of any expenses during the year (2020: £525). The total amount owing to Rachel Walters at 31 March 2021 was £132 (2020: £Nil).
Roslyn Lamb (trustee) received payment for administrative services supplied to the charity during the year totalling £1,378, including benefits (2020: £Nil).The total amount owing to Roslyn Lamb at 31 March 2021 was £528 (2020: £Nil).
Both of the trustees received their remuneration through the payroll of the charity with effect from 1 January 2021, having previously received the remuneration as self-employed income. All of the payments made were permitted by the charity’s governing document.
## **12 Related party transactions**
All of the four trustees of the charity also serve as the directors of Rabbit Welfare Association & Fund ("RWAF"), a company limited by guarantee, and have control over this entity.
The charity and RWAF share premises located at Culmhead Business Centre, Taunton. During the year the charity received £974 (2020: £2,530) in contributions towards rental costs from RWAF and paid £1,166 (2020: £583) in contributions towards rental costs to RWAF.
During the year RWAF incurred the following expenses on behalf of the charity which have been or are due to be reimbursed:
|Accountancy fees
Premises waste disposal
Telephone & internet
Vets fees, food and other rabbit welfare provisions|**2021**
**£**
-
-
-
288
288|**2020**
**£**
330
393
1,143
1,983
3,849|
|---|---|---|
On 1 January 2021, payroll liabilities of £504 were transferred from RWAF to the charity following the closure of RWAF's payroll scheme, for which RWAF is due to reimburse the charity.
During the year the charity received donations from individual donors, collected by RWAF on its behalf. None of these donations would be considered outside the normal course of business. There were no restricted donations from RWAF itself, or any other related party. The total amount owed to the charity by RWAF at 31 March 2021 was £7,821 (2020: £13,004).
14
## **RABBIT WELFARE FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **13 Debtors**
|Trade debtors
Accrued income and prepayments
Other debtors|**2021**
**£**
4,000
44,670
7,821
56,491|**2020**
**£**
-
46,181
13,004
59,185|
|---|---|---|
## **14 Creditors: amounts falling due within one year**
|Trade creditors
Accruals
Other taxes and social security
Other creditors
**Financial instruments**
**Financial assets**
Debt instruments measured at amortised cost:
Cash at bank
Trade debtors
Other debtors
Total
**Financial liabilities**
Financial liabilities measured at amortised cost:
Trade creditors
Accruals
Other creditors
Total
The charity has financial assets and financial liabilities in the following categories:|**2021**
**£**
1,350
2,785
896
661
5,692
**2021**
**£**
95,770
4,000
7,821
107,591
1,350
2,785
661
4,796|**2020**
**£**
2,670
2,605
-
-
5,275
**2020**
**£**
48,503
-
13,004
61,507
2,670
2,605
-
5,275|
|---|---|---|
## **15 Financial instruments**
There are no items of income, expense, gains or losses to report (2020: none).
15
## **RABBIT WELFARE FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **16 Movement in funds**
|**16.1** **_Current year_**
**_Restricted Income Funds:_**
Sponsor A Rescue Fund
Benevolent Fund
Total
**_Unrestricted Funds_**
**_General Funds:_**
**_Designated Funds:_**
Vet Specialist Adviser Fund
Total
**_Total Funds_**
**16.2** **_Prior year_**
**_Restricted Income Funds:_**
Sponsor A Rescue Fund
Benevolent Fund
Capone Fund
Total
**_Unrestricted Funds_**
**_General Funds:_**
**_Designated Funds:_**
Vet Specialist Adviser Fund
Donations and Leaflets Fund
Total
**_Total Funds_**|**At 1 April**
**2020**
**£**
723
50,000
50,723
43,690
8,000
8,000
102,413
**At 1 April**
**2019**
**£**
1,627
(3,610)
(952)
(2,935)
53,886
1,178
12,143
13,321
64,272|**Incoming**
**resources**
**£**
1,906
(3,431)
(1,525)
108,565
-
-
107,040
**Incoming**
**resources**
**£**
2,065
50,000
-
52,065
57,223
-
-
-
109,288|**Resources**
**expended**
**£**
(1,632)
-
(1,632)
(52,752)
(8,500)
(8,500)
(62,884)
**Resources**
**expended**
**£**
(2,969)
-
-
(2,969)
(59,801)
(8,377)
-
(8,377)
(71,147)|**Transfers**
**£**
-
-
-
(8,500)
8,500
8,500
-
**Transfers**
**£**
-
3,610
952
4,562
(7,618)
15,199
(12,143)
3,056
-|**At 31**
**March 2021**
**£**
997
46,569
47,566
91,003
8,000
8,000
146,569
**At 31**
**March 2020**
**£**
723
50,000
-
50,723
43,690
8,000
-
8,000
102,413|
|---|---|---|---|---|---|
16
## **RABBIT WELFARE FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **Purposes and restrictions in relation to the funds:**
Revaluation reserves Represent the amount by which investments exceed their historical cost. _Restricted funds:_ Sponsor A Rescue Fund Represents sponsorship donations which are split and used to support a number of rescue shelters. Benevolent Fund Represents grants received to enable the medical care of rescued rabbits. The source of these funds during the 2019-20 and 2020-21 accounting years has been the Eilis Power legacy. Capone Fund Represents specific donations to fund our animal welfare officer. _Designated funds:_
Vet Specialist Adviser Fund Represents funds sets aside for the provision of specialist advice required by the charity in furtherance of its core aims and objectives.
Donations and Leaflets Fund Represents funds set aside for the distribution of educational leaflets.
## **17 Analysis of net assets between funds**
## **17.1** _**Current year**_
|Cash at bank and in hand
Other net current assets/(liabilities)
Total|**Unrestricted**
**Funds**
**2021**
**£**
90,015
8,988
99,003|**Restricted**
**Funds**
**2021**
**£**
5,755
41,811
47,566|**Total Funds**
**2021**
**£**
95,770
50,799
146,569|
|---|---|---|---|
## **17.2** _**Prior year**_
|Cash at bank and in hand
Other net current assets/(liabilities)
Total|**Unrestricted**
**Funds**
**2020**
**£**
43,022
8,668
51,690|**Restricted**
**Funds**
**2020**
**£**
5,481
45,242
50,723|**Total Funds**
**2020**
**£**
48,503
53,910
102,413|
|---|---|---|---|
17
## **RABBIT WELFARE FUND DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021**
## **This page does not form part of the statutory accounts**
|Unrestricted
Funds
2021
£
**Income and endowments from:**
Donations and legacies
Donations
56,643
Fundraising
26,649
Sponsor A Rescue
-
Gift Aid
2,715
86,007
Charitable activities
A Hutch Is Not Enough
51
Educational leaflet sales
16,315
16,366
Investments
Bank interest
25
25
Other
RWAF management fee income
5,193
Other revenue
974
6,167
**Total Income and endowments**
108,565
**Expenditure on:**
Raising funds
Fundraising
236
Sponsor A Rescue
-
236
Charitable activities
A Hutch Is Not Enough
-
Educational leaflet sales
7,900
Advertising
4,390
12,290
Other
Benevolent Fund Veterinary Payments
-
Capone Fund
8,668
Other Campaign Costs
3,798
Other Expenditure - RWF Rescue Rabbits
5,938
18,404
Management and volunteer costs
Wages & salaries
9,550
Employers' NI
812
Training
-
Travel & subsistence
161
Relocation expenses
480
11,003
Premises costs
Rent
2,589|Restricted
Funds
2021
£
(3,431)
-
1,906
-
(1,525)
-
-
-
-
-
-
-
-
(1,525)
-
1,632
1,632
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total Funds**
**2021**
**£**
**53,212**
**26,649**
**1,906**
**2,715**
**84,482**
**51**
**16,315**
**16,366**
**25**
**25**
**5,193**
**974**
**6,167**
**107,040**
**236**
**1,632**
**1,868**
**-**
**7,900**
**4,390**
**12,290**
**-**
**8,668**
**3,798**
**5,938**
**18,404**
**9,550**
**812**
**-**
**161**
**480**
**11,003**
**2,589**|Unrestricted
Funds
2020
£
23,714
10,767
-
1,650
36,131
367
18,091
18,458
104
104
-
2,530
2,530
57,223
251
-
251
994
9,290
8,371
18,655
2,737
8,163
5,820
3,228
19,948
-
-
300
1,304
-
1,604
4,811|Restricted
Funds
2020
£
50,000
-
2,065
-
52,065
-
-
-
-
-
-
-
-
52,065
-
2,969
2,969
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total Funds**
**2020**
**£**
**73,714**
**10,767**
**2,065**
**1,650**
**88,196**
**367**
**18,091**
**18,458**
**104**
**104**
**-**
**2,530**
**2,530**
**109,288**
**251**
**2,969**
**3,220**
**994**
**9,290**
**8,371**
**18,655**
**2,737**
**8,163**
**5,820**
**3,228**
**19,948**
**-**
**-**
**300**
**1,304**
**-**
**1,604**
**4,811**|
|---|---|---|---|---|---|
18
## **RABBIT WELFARE FUND DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021**
|**This page does not form part of the statutory accounts**
Rates
43
-
Use of home
156
-
Light & heat
274
-
Cleaning
-
-
3,062
-
General administrative costs
Software costs
1,438
-
Printing, postage & stationery
128
-
Telephone & internet
-
-
Bank charges
44
-
1,610
-
Legal and professional costs
Accountancy fees
1,330
-
Independent Examination fees
840
-
Solicitors fees
8,500
-
Other legal & professional fees
3,977
-
Management fees
-
-
14,647
-
**Total expenditure**
61,252
1,632
**Net income/(expenditure)**
47,313
(3,157)
**Transfers between funds**
-
-
**Net movement in funds**
47,313
(3,157)|**43**
**156**
**274**
**-**
**3,062**
**1,438**
**128**
**-**
**44**
**1,610**
**1,330**
**840**
**8,500**
**3,977**
**-**
**14,647**
**62,884**
**44,156**
**-**
**44,156**|353
-
240
393
5,797
1,010
155
1,143
39
2,347
1,696
480
8,377
1,423
7,600
19,576
68,178
(10,955)
(4,562)
(15,517)|-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2,969
49,096
4,562
53,658|**353**
**-**
**240**
**393**
**5,797**
**1,010**
**155**
**1,143**
**39**
**2,347**
**1,696**
**480**
**8,377**
**1,423**
**7,600**
**19,576**
**71,147**
**38,141**
**-**
**38,141**|
|---|---|---|---|---|
19