2023-09-30-accounts - Margaret Green Animal Rescue

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Reference and Administrative Details	Reference and Administrative Details	Reference and Administrative Details
Trustees' Report			2to 7
Statement of	Trustees'	Responsibilities
Independent	Auditors'	Report	9to 12
Consolidated	Statement of Financial Activities		13
Consolidated	Balance	Sheet	14
Balance Sheet			15
Consolidated	Statement of Cash Flows		16
Notes to the	Financial	Statements	17to 39

Chief Executive Officer	Chief Executive Officer	Chief Executive Officer	Chief Executive Officer	Mr N Mason
Trustees				Mr M Devereux	(resigned			18July 2023)
				Mr M Nathan
				Mrs LSuchanek
				Mr A Simons
				Mr D Walker
				Ms T Sheldon (appointed				1 April		2023)
Principal	Office			Margaret Green	Animal		Rescue
				Church Knowle
				Wareham
				Dorset
				BH20 5NQ
Charity Registration			Number	1167990
Solicitors				Taylor Rose MW
				Stuart House
				St Johns Street
				Peterborough
				PE1 5DD
Bankers				NatWest
				5 Old Christchurch		Road
				BOURNEMOUTH
				Dorset
				BH1 1DU
				Lloyds
				15Blackheath	Village
				London
				SE39LH
investment		Managers		Hermes Property		Unit	Trust
				Lloyds Chambers
				1 Portsoken Street
				London
				EC18HZ
				Redmayne Bentley
				139Commercial		Road
				Ashley Cross
				Poole
				Dorset
Auditor				Edwards &Keeping
				Unity Chambers
				34 High East Street
				Dorchester
				Dorset
				DT1 1HA
Rescue Centres				Church Knowle,		Wareham,			Dorset, BH20		5NQ
				Lincoln Farm,		Bere	Road,			Winterborne		Kingston,		Blandford,
				Dorset, DT11 9BP
				Wingletang, Brentor			Road,		Heathfield,		Tavistock,		Devon,		PL19
				OLF

			Unrestricted	Restricted	Total	Total
			funds	funds	2023	2022
		Note	E	E		5
Income and Endowments		from:
Donations and legacies		3	1,245,032		1,245,032	856,547
Charitable activities		4	234,940		234,940	145,777
Other trading activities		5	837,144		837,144	756,185
Investment income		6	139,101		139,101	136,693
Total income			2,456,217		2,456,217	1,895,202
Expenditure on:
Raising funds Charitable activities		7 8	(506,365) ~1,815989	~869	(506,365) ~(1,816858	(457,741) ~1603656
Total expenditure			(2,322,354)	(869)	(2,323,223)	(2,061,397)
Gains/losses on investment assets			~59,655)		(59,658)	(51,302)
Net income/(expenditure)			74,205	(869)	73,336	(217,497)
Net movement in funds			74,205	(869)	73,336	(217,497)
Reconciliation of	funds
Total funds brought	forward		7,799,786	869	7,800,655	8,018,152
Total funds carried	forward	23	7,873,991		7,873,991	7,800,655

				2023	2022
			Note		6
Fixed assets
Tangible assets			14	3,412,669	3,095,004
investments			15	3,040,351	3,702,318
				6,453,020	6,797,322
Current assets
Stocks			16	11,340	8,736
Debtors			17	953,197	423,254
Cash at bank	and in hand			612,630	690,255
				1,577,167	1,122,245
Creditors: Amounts		falling due within one year	18	(186,196)	~118,912)
Net current assets				1,420,971	1,003,333
Net assets				7,873,991	7,800,655
Funds ofthe	group:
Restricted funds					869
Unrestricted	income	funds
Unrestricted funds				7,873,991	7,799,786
Total funds			23	7,873,991	7,800,655

					2023	2022
				Note	6	6
Fixed assets
Tangible assets				14	3,395,140	3,078,653
Investments				15	3,040,451	3,702,418
					6,435,591	6,781,071
Current assets
Debtors				17	980,968	455,538
Cash at bank	and	in hand			473,914	567,184
					1,454,882	1,022,722
Creditors: Amounts			falling due within one year	18	~(138,521	(105,350
Net current assets					1,316,361	917,372
Net assets					7,751,952	7,698,443
Funds of the charity:
Restricted funds						869
Unrestricted	income		funds
Unrestricted	funds				7,751,952	7,697,574
Total funds				23	7,751,952	7,698,443

					2023	2022
				Note	8
Cash flows from operating	activities
Net cash income/(expenditure)					73,336	(217,497)
Adjustments to cash flows	from non-cash		items
Depreciation				10	150,291	128,345
Investment income				6	(139,101)	(136,693)
Revaluation of investments					67,622	51,302
					152,148	(174,543)
Working capital adjustments
(Increase)/decrease in stocks				16	(2,603)	2,012
(Increase)/decrease in debtors				17	(529,943)	263,974
Increase in creditors				18	37,284	19,337
Net cash flows from operating		activities			~343,774	118,788
Cash flows from investing	activities
Interest receivable and similar		income		6	5,439	478
Purchase oftangible fixed assets				14	(467,956)	(657,032)
Rental income				6	77,601	78,326
Purchase of investments					(20,763)	(25,099)
Sale of investments					571,626	45,000
Investment transfer from cash					43,481	(14,207)
Income from dividends					56,061	57,889
Net cash flows from investing		activities			26 ~ ,488	~574,645
Net decrease in cash and cash equivalents					(77,625)	(403,865)
Cash and cash equivalents at		1 October			690,255	1,094,120
Cash and cash equivalents at		30 September			612,630	690,255

					Unrestricted
					funds
						Total	Total
					General	2023	2022
					E	E	E
Donations		and legacies;
Donations			from	individuals	256,829	256,829	246,156
Legacies					938,474	938,474	580,400
Gift aid reclaimed					49,729	49,729	28,191
Grants,	including			capital grants;
Grants	from other charities						1,800
					1,245,032	1,245,032	856,547

Income from charitable activiti	es
	Unrestricted
	funds
		Total	Total
	General	2023	2022
	E	E	E
Other income	38,475	38,475	36,759
Adoptions	118,347	118,347	67,519
Boarding	78,118	78,118	41,499
	234,940	234,940	145,777

					Unrestricted
					funds
						Total	Total
					General	2023	2022
						E	E
Trading	income;
Shop income services			from sale of donated	goods and	5,737	5,737	7,552
Trading		company			749,333	749,333	679,524
Local fundraising			and street collection	income	82,074	82,074	69,109
					837,144	837,144	756,185

								Unrestricted
								funds
									Total	Total
								General	2023	2022
								E	8
Income from		dividends;
	Dividends	receivable				from other listed
	investments							56,061	56,061	57,889
Interest receivable				and		similar	income;
	Interest receivable				on	bank deposits		5,439	5,439	478
Income from		rents						77,601	77,601	78,326
								139,101	139,101	136,693
7	Expenditure		on		raising funds
								Unrestricted	Total	Total
								Funds	2023	2022
								E	E
Costs ofgenerating					donations		and legacies	18,823	18,823	13,757
Costs of trading			activities					481,636	481,636	437,147
Investment management						costs		5,906	5,906	6,837
								506,365	506,365	457,741

8 Expenditure on	charitable	charitable	charitable	charitable	activities
					Activity	Activity
					undertaken	sUpport		Total	Total
					directly E	costs E		2023 5	2022 6
Food and consumables					17,533			17,533	13,423
V eterinary fees					145,819			145,819	113,872
W ages and salaries					812,961			812,961	710,900
Staff NIC (Employers)					61,436			61,436	57,021
Employers pension					18,864			18,864	15,629
Rates					27,835			27,835	20,690
Light, heat and power					77,459			77,459	55,423
Insurance					13,171			13,171	10,396
Repairs and
maintenance-Restricted					869			869
Repairs and maintenance					88,901			88,901	137,494
Telephone and fax					25,648			25,648	24,516
Computer software	and
maintenance costs					44,751			44,751	33,444
Printing, postage and stationery					13,384			13,384	13,857
Sundry expenses					772			772	597
Cleaning, clothing,	health		and
safety					17,786			17,786	16,393
Motor expenses					22,734			22,734	17,801
Advertising					12,499			12,499	11,927
Trade subscriptions					700			700	715
Wages and salaries-Admin marketing				&		201,668		201,668	167,950
Staff NIC (Employers)-Admin				&
marketing						18,167		18,167	14,669
Staff training						6,865		6,865	2,609
Staff welfare						2,804		2,804	10,562
Staff recruitment						1,737		1,737	2,444
Legal and professional		fees				21,129		21,129	10,519
Bank charges						8,218		8,218	6,863
Credit card charges							265	265	244
Depreciation offreehold			property			58,762		58,762	59,200
Depreciation ofshort leasehold
property						60,792		60,792	40,606
Depreciation offixtures		and		fittings		17,008		17,008	15,964
Depreciation of motor vehicles						3.313		3,313	3,313
Governance costs						13,008		13,008	14,615
					1,403,122	413,736		1,816,858	1,603,656

Governance	c	os	ts
							Unrestricted
							funds
								Total	Total
							General	2023	2022
							8	8	8
Audit fees
Audit ofthe	financial			statements		- charity	10,815	10,815	10,053
Trustees remuneration				and	expenses		481	481	2,234
Other governance			costs				1,712	1,712	2,328
							13,008	13,008	14,615
10Net incoming/outgoing					resources
Net incoming/(outgoing)				resources		for the year include:
								2023	2022
								F	8
Audit fees-group								13,250	12,553
Other non-audit		services								953
Depreciation	of	fixed		assets				150,291	127,795

			2023	2022
			8	8
Staff costs	during	the year were:
Wages and	salaries		1,271,191	1,112,534
Social security costs			97,572	87,756
Employers'	pension		23,052	19,115
			1,391,815	1,219,405

during t	he	year	expressed as full time equivalents	was as follows:
				2023		2022
				No		No
Admin					5		5
Marketing		and	fundraising		4		4
Retail					15		14
Church	Knowle				17		16
Lincoln	Farm				16		12
Wingletang					8		10
					65		61

was:
2023	2022
No	No

Group
		Furniture
	Land and	and	Motor
	buildings	equipment	vehicles	Total
	E	E	E	E
Cost
At 1 October 2022	3,553,913	125,629	123,975	3,803,517
Additions	450,784	17,172		467,956
At 30September 2023	4,004,697	142,801	123,975	4,271,473
Depreciation
At 1 October 2022	514,311	81,800	112,402	708,513
Charge for the year	128,334	17,008	4,949	150,291
At 30September 2023	642,645	98,808	117,351	858,804
Net book value
At 30September 2023	3,362,052	43,993	6,624	3,412,669
At 30September 2022	3,039,602	43,829	11,573	3,095,004

Charity
		Furniture
	Land and	and	Motor
	buildings	equipment	vehicles	Total
	E	E	E	E
Cost
At 1 October 2022	3,501,101	125,629	117,425	3,744,155
Additions	439,190	17,172		456,362
At 30 September 2023	3,940,291	142,801	117,425	4,200,517
Depreciation
At 1 October 2022	476,214	81,800	107,488	665,502
Charge for the year	119,554	17,008	3,313	139,875
At 30 September 2023	595,768	98,808	110,801	805,377
Net book value
At 30September 2023	3,344,523	43,993	6,624	3,395,140
At 30September 2022	3,024,887	43,829	9,937	3,078,653

15Fixed asset investments
Group
	2023	2022
Investment properties	2,001,233	2,171,233
Other investments	1,039,118	1,531,085
	3,040,351	3,702,318
Investment properties
		Investment
		properties
		8
Cost or Valuation
At 1 October 2022		2,171,233
Revaluation Disposals		30,000 ~200,000
At 30September 2023		2,001,233
Provision
At 30September 2023
Net book value
At 30September 2023		2,001,233
At 30September 2022		2,171,233

Other investments
	Hermes	Redmayne
	investments	Bentley	Total
	E	E	E
Cost or Valuation
At 1 October 2022	617,676	913,409	1,531,085
Revaluation	(101,367)	3,744	(97,623)
Additions		20,763	20,763
Disposals		(371,626)	(371,626)
At 30September 2023	516,309	566,290	1,082,599
Movement in porffolio cash		(43,481)	(43,481)
Net book value
At 30September 2023	516,309	522,809	1,039,118
At 30 September 2022	617,676	913,409	1,531,085

					2023	2022
					E	E
Investment		properties			2,001,233	2,171,233
Shares	in	group undertakings	and participating	interests	100	100
Other	investments				1,039,118	1,531,085
					3,040,451	3,702,418

Investment properties
	Investment
	properties
	E
Cost or Valuation
At 1 October 2022	2,171,233
Revaluation	30,000
Disposals	(200,000)
At 30 September 2023	2,001,233
Provision
At 30 September 2023
Net book value
At 30September 2023	2,001,233
At 30September 2022	2,171,233

Shares in group undertakings and participatin	g interests
	Subsidiary
	undertakings	Total
	E	E
Cost
At 1 October 2022	100	100
At 30 September 2023	100	100
Net book value
At 30September 2023	100	100
At 30September 2022	100	100
Other investments

Other investments
		Hermes	Redmayne
		investments	Bentley	Total
		E	E	E
Cost or Valuation
At 1 October 2022		617,676	913,409	1,531,085
Revaluation		(101,367)	3,744	(97,623)
Additions Disposais			20,763 20,763 ~377,626) ~377,626)
At 30September 2023 Movement in portfolio cash		516,309	566,290 1,082,599 )43,481) ~43,487
Net book value
At 30 September 2023		516,309	522,809	1,039,118
At 30September 2022		617,676	913,409	1,531,085
16Stock
	Group		Charity
	2023	2022	2023	2022
	E		E	E
Finished goods	11,340	8,736

17Debtors
			Group		Charity
			2023	2022	2023	2022
			E	E	E	E
Trade debtors			11,715	10,310	11,715	10,310
Due from group undertakings					83,695	82,358
P repayments			38,989	33,239	20,196	15,203
Other debtors	and accrued income		886,591	347,494	865,301	328,821
VAT recoverable			15,841	31,847		18,482
Other debtors			61	364	61	364
			953,197	423,254	980,968	455,538
Group debtors	includes	F10,875 of rent deposits receivable		after more than one year.
Charity debtors	includes	F57,500 receivable after more than		one year.
18Creditors:	amounts	falling due	within one year
			Group		Charity
			2023	2022	2023	2022
			F	E	E	E
Trade creditors			58,433	47,626	48,696	42,182
Other taxation	and social security		24,061	21,813	24,061	21,813
VAT creditor			1,725		1,725
Other creditors			13,993	15,417	12,572	15,038
Accruals			57,984	34,056	51,467	26,317
			156,196	118,912	138,521	105,350

Total future	minimum	lease income	under non-cancellable	operating	leases are as follows:
			Group		Charity
			2023	2022	2023	2022
			E	E	E	F
Land and	buildings
Within one	year		67,500	67,500	67,500	67,500
Between one and five		years	270,000	270,000	270,000	270,000
After five years			135,000	202,500	135,000	202,500
			472,500	540,000	472,500	540,000

Group
							Balance at
		Balance at				Other	30
		1 October	incoming	Resources		recognised	September
		2022	resources	expended	Transfers	gains/(losses)	2023
		6	6	6	6	6	6
Unrestricted	funds
General
General
Funds		1,408,549	2,456,217	(2,172,063)	(267,956)	(89,658)	1,335,089
Designated
Depreciation
Reserve		3,020,004		(150,291)	467,956		3,337,669
Investment
Reserve		2,171,233			(200,000)	30,000	2,001,233
Financial	Risk	1,200,000					1,200,000
		6,391,237		~15~ 2911	267,956	30,000	6,539,902
Total
unrestricted
funds		7,799,786	2,456,217	(2,322,354)		(59,658)	7,873,991
Restricted
funds
Rabbit Area		869		(869)
Total funds		7,800,655	2,456,217	(2,323,223)		(59,658)	7,873,991

								Balance at	Balance at
		Balance at					Other	30
		1 October	Incoming	Resources			recognised	September
		2021	resources	expended	Transfers		gainsi(losses)	2022
		8	6	E	6		6	6
Unrestricted	funds
General
General
Funds		1,504,574	1,893,232	(1,933,052)	25,097		(81,302)	1,408,549
Designated
Depreciation
Reserve		2,566,317		(128,345)	582,032			3,020,004
Investment
Reserve		2,141,233					30,000	2,171,233
Financial	Risk	1,800,000			(600,000)		-	1,200,000
		6,507,550		(128,345)	~77	968)	30 00(l	6 391	237
Total
unrestricted
funds		8,012,124	1,893,232	~2,061,397)	7,129		(51,302)	7,799,786
Restricted
funds
Sand School		2,550			(2,550)
Rabbit Area		997				(128)			869
Kennel
refurbishment			1,000		(1,000)
WT New
cattery		2,481	970		(3,451
Total restricted
funds		6,028	1,970		(7,129)				869
Total funds		8,018,152	1,895,202	(2,061,397)			(51,302)	7,800,655

Charity
							Balance at
		Balance at				Other	30
		1 October	Incoming	Resources		recognised	September
		2022	resources	expended	Transfers	gains/(losses)	2023
			6	6	6	6	6
Unrestricted	funds
General
General		1,322,688	1,954,754	(1,700,843)	(256,362)	(89,658)	1,230,579
Designated
Depreciation
Reserve		3,003,653		(139,875)	456,362		3,320,140
Investment
Reserve		2,171,233			(200,000)	30,000	2,001,233
Financial	Risk	1,200,000					1,200,000
		6,374,886		(139,875)	256,362	30,000	6,521,373
Total
Unrestricted
funds		7,697,574	1,954,754	(1,840,718)		(59,658)	7,751,952
Restricted
funds Rabbit Area		869		~869
Total funds		7698443	1,954754	~(1,847,587		~59,658	7,751,952

								Balance at
		Balance at					Other	30
		1 October	Incoming		Resources		recognised	September
		2021	resources		expended	Transfers	gains/(losses)	2022
		E	E		E	E	E	E
Unrestricted	funds
General
General		1,451,488	1,432,571		(1,495,904)	15,835	(81,302)	1,322,688
Designated
Depreciation Reserve		2,540,704			(128,345)	591,294		3,003,653
Investment
Reserve		2,141,233					30,000	2,171,233
Financial	Risk	1,800,000				(600,000)	-	1,200,000
		6,481,937			~128,345)	(8,706)	30,000	6,374,886
Total
unrestricted
funds		7,933,425	1,432,571		(1,624,249)	7,129	(51,302)	7,697,574
Restricted
funds
Rabbit Area		997				(128)		869
Sand School		2,550				(2,550)
Kennel
refurbishment			1,000			(1,000)
WT New
Cattery		2,481		970		(3,451
Total restricted
funds		6,028	1,970			(7,129)		869
7 I 11„0		7,939453	1,434,541		~1,624,249		~(51,302	7,698,443

Group
		Unrestricted
		funds
		General	Total funds
		E	E
Tangible	fixed assets	3,412,669	3,412,669
Fixed asset investments		3,040,351	3,040,351
Current	assets	1,457,167	1,457,167
Current	liabilities	(156,196)	(156,196)
Total net assets		7,753,991	7,753,991

Charity
		Unrestricted
		funds
		General	Total funds
		E	E
Tangible	fixed assets	3,395,140	3,395,140
Fixed asset investments		3,040,451	3,040,451
Current Current	assets liabilities	1,334,882 ~138,5213	1,334,882 ~138.521
Total net assets		7,631,952	7,631,952

Group
					At 30
		At	1 October		September
			2022	Cash flow	2023
				E	E
Cash at bank and	in hand		690,254	(77,624)	612,630
Net debt			690,254	(77,624)	612,630
Charity
					At 30
		At	1 October		September
			2022	Cash flow	2023
				E	E
Cash at bank and	in hand		567,184	(93,270)	473,914
Net debt			567,184	(93,270)	473,914