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2021-05-31-accounts

Charity Registration No. 1167997

Company Registration No. 10202266 (England and Wales)

BURNIE'S FOUNDATION

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2021

Tavistock House South Tavistock Square London WC1H 9LG

Rayner Essex LLP Chartered Accountants

BURNIE'S FOUNDATION

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr R Thoburn
Mrs B Sells
Mr K Tonkin
Charity number 1167997
Company number 10202266
Registered office Tavistock House South
Tavistock Square
London
WC1H 9LG
Auditor Rayner Essex LLP
Tavistock House South
Tavistock Square
London
WC1H 9LG
Bankers Handelsbanken
4 Moorgate
London
EC2R 6DA
Solicitors Withers LLP
16 Old Bailey
London
EC4M 7EG

BURNIE'S FOUNDATION

CONTENTS

Page
Trustees' report 1 - 3
Statement of Trustees' responsibilities 4
Independent auditor's report 5 - 8
Statement of financial activities 9
Statement of financial position 10
Notes to the financial statements 11 - 17

BURNIE'S FOUNDATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MAY 2021

The Trustees present their annual report and financial statements for the year ended 31 May 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 Articles of Association, the Companies Act 2006 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 objects of the Charity are to promote animal welfare and help alleviate animal suffering by activities including:

The above objects are achieved by the establishment of an animal sanctuary in Norfolk England and the provision of an animal treatment centre in Romania. The Charity also makes grants to charitable institutions that the trustees may select as falling within the above criteria each year.

The Trustees have also paid due regard to the guidance issued by the Charity Commission on public benefit when reviewing and planning their activities in the light of the Charity's aims and objectives.

The Trustees meet regularly to manage the activities of the Charity and give their time freely without remuneration.

Achievements and performance

In this year of operation the Charity has received donations which have been applied in the furtherance of the Charity's objectives. As a result significant numbers of animals have been rescued and their suffering alleviated.

The Charity also received funds in the year from a UK connected company which were utilised in furtherance of the Charity's objectives to provide support by way of grants to establish and provide ongoing support to an animal sanctuary in Spain of which a Trustee owns the property.

Financial review

The Statement of Financial Activities shows a net deficit for the year of £48,429 (2020: £2,340) and reserves stand at £633,556 (2020: £681,985) . Gross income for the year amounted to £81,202 (2020: £ 170,025) with total expenditure of £129,631 (2020: £ 172,365).

The majority of the Charity ’s assets are represented by freehold property and cash at bank.

Major donations received during the period were:

Donations from founding member (including gift aid) £75,000 (2020: £168,750)

We are also extremely grateful to those who have supported the Charity through other donations received in the year.

Reserves policy

It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level to ensure that , in the event of a significant drop in funding, they will be able to continue the Charity’s current activities while consideration is given to ways in which additional funds may be raised.

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.

BURNIE'S FOUNDATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MAY 2021

Plans for future periods

The Trustees consider the financial position of the charity to be strong, enabling us to continue to promote animal welfare and help alleviate animal suffering through the implementation of the plan s set out below .

The charity will continue to make occasional donations to animal rescuers for specific purpose s which include:

The overwhelming focus of grant making activity is now the Sa Cleda animal sanctuary in Mallorca, as it has been for the current financial year . Initially work was on infrastructure – installing solar panels and putting up fencing so that animals can be safely contained in spacious areas, making sure they have somewhere warm to sleep in winter and somewhere cool and in shade in summer.

Sa Cleda concentrates on giving quality of life to abused animals. Often they have psychological as well as physical problems. Sometimes they have spent their lives tied to a chain in all weathers. On several occasions healthy but inconvenient animals, as well as sick animals, have been taken to the vets to be euthanised and the vet has called us.

All animals are neutered (unless there is a medical reason not to) and have regular check ups. Many are elderly and frequent veterinary care is required. The dogs are walked frequently and played with. Their play areas are rotated for mental stimulation. The idea is to give them a home and a quality of life for the rest of their lives.

Currently the sanctuary ha s 29 domestic cats , 20 feral cats , 19 dogs, 3 goats and 3 sheep in its care.

Structure, governance and management

Burnie's Foundation is a charity company limited by guarantee, incorporated on 26 May 2016 and registered as a charity on 1 July 2016 . The company was formed under a Memorandum of Association that established the objects and powers of the charity company and is governed under its Articles of Association .

None of the Trustees has any beneficial interest in the company. Mr R Thoburn is the found ing Trustee and sole Member and guarantees to contribute £1 in the event of a winding up.

The charity is organised so that the trustees meet regularly to manage its affairs and to decide on the distribution of funds. Day to day responsibility for the charity’s activities has been delegated to trustee, Mrs B Sells .

All Trustees are fully inducted by the charity on its aims and objectives and the role they have in developing the charity. The Trustees have all received the Charities Commission guidance on the Roles and Responsibilities of charity Trustees.

BURNIE'S FOUNDATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MAY 2021

Reference and administrative details

The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr R Thoburn Mrs B Sells Mr K Tonkin

Charity number 1167997

Company number 10202266

Registered office

Tavistock House South , Tavistock Square , London , WC1H 9LG

Auditors

Rayner Essex LLP , Tavistock House South , Tavistock Square , London , WC1H 9LG

Bankers

Handelsbanken , 4 Moorgate , London, EC2R 6DA

Solicitors

Withers LLP , 16 Old Bailey , London , EC4M 7EG

Auditor

In accordance with the company's articles, a resolution proposing that Rayner Essex LLP be reappointed as auditor of the company will be put at a General Meeting.

Disclosure of information to auditor

Each of the Trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

The Trustees' r eport was approved by the Board of Trustees.

Mr R Thoburn

Trustee

28 February 2022

BURNIE'S FOUNDATION

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 MAY 2021

The Trustees, who are also the directors of Burnie's Foundation for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the Trustees are required to:

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 financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

BURNIE'S FOUNDATION

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BURNIE'S FOUNDATION

Opinion

We have audited the financial statements of Burnie's Foundation (the ‘Charity’) for the year ended 31 May 2021 which comprise the statement of financial activities, the statement of financial position and the notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" (United Kingdom Generally Accepted Accounting Practice) .

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and , except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

BURNIE'S FOUNDATION

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF BURNIE'S FOUNDATION

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the d irectors ' r eport included within the Trustees' r eport.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of Trustees

As explained more fully in the s tatement of Trustees' r esponsibilities, the Trustees, who are also the directors of the Charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the Charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below .

BURNIE'S FOUNDATION

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF BURNIE'S FOUNDATION

The extent to which the audit was considered capable of detecting irregularities including fraud

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

We assessed the susceptibility of the charity’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

BURNIE'S FOUNDATION

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF BURNIE'S FOUNDATION

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Darren Hill FCA (Senior Statutory Auditor) for and on behalf of Rayner Essex LLP

28 February 2022

Chartered Accountants Statutory Auditor

Tavistock House South Tavistock Square London WC1H 9LG

BURNIE'S FOUNDATION

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MAY 2021

Unrestricted Unrestricted Unrestricted Unrestricted
funds funds
2021 2020
Notes
£		 £
Income from:
Donations 3 81,202 170,025
Expenditure on:
Charitable activities 4 129,631 172,365
Net expenditure for the year/
Net movement in funds (48,429) (2,340)
Fund balances at 1 June 2020 681,985 684,325
Fund balances at 31 May 2021 633,556 681,985

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

BURNIE'S FOUNDATION

STATEMENT OF FINANCIAL POSITION

AS AT 31 MAY 2021

Notes
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due within
one year
11
Net current (liabilities)/assets
Total assets less current liabilities
Income funds
Unrestricted funds		 2021
£
-
33,887
33,887
(63,045)		 £
662,714
(29,158)
633,556
633,556
633,556		 2020
£
19,250
22,681
41,931
(22,660)		 £
662,714
19,271
681,985
681,985
681,985

The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements were approved by the Trustees on 28 February 2022

Mr R Thoburn

Trustee

Company Registration No. 10202266

BURNIE'S FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021

1 Accounting policies

Charity information

Burnie's Foundation is a private company limited by guarantee incorporated in England and Wales. The registered office is Tavistock House South, Tavistock Square, London, WC1H 9LG and the principal place of business from which the charity operates is Coney Breck Farm, Heath Road, Hockering, Dereham, NR20 3JA.

1.1 Accounting convention

The financial statements have been prepared in accordance with the Charity's Articles of Association , the Companies Act 2006, 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 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 and despite the ongoing Covid-19 pandemic, the Trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern . Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

The Charity has a single fund which is wholly unrestricted.

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.

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.

BURNIE'S FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 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 settlement will be required and the amount of the obligation can be measured reliably.

Expenditure is recognised on an accruals basis as the liability is incurred. Expenditure includes any attributable VAT that cannot be reclaimed and is reported as part of the expenditure to which it relates.

Cost of generating funds comprises the costs associated with handling the donations from the donors.

Charitable expenditure comprises those costs incurred by the Charity in the furtherance of its activities . It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the Charity and include the audit fees and costs linked to the strategic management of the Charity.

1.6 Tangible fixed assets

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:

Freehold land and buildings

nil

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 Impairment of fixed assets

At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) .

1.8 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.

1.9 Financial instruments

The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Charity 's balance sheet when the Charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

BURNIE'S FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2021

1 Accounting policies

(Continued)

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Charity ’s contractual obligations expire or are discharged or cancelled.

1.10 Taxation

The Charity is a registered charity and is not liable to United Kingdom income tax or capital gains tax on its wholly charitable activities. Full account is taken of tax credits attaching to gifts and qualifying donations.

1.11 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The key area of judgement and source of estimation uncertainty is the freehold land and buildings. The directors exercise a significant amount of judgement when valuing the properties annually.

BURNIE'S FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2021

3 Donations

Unrestricted Unrestricted
funds funds
general general
2021 2020
£ £
Donations and gifts 81,202 170,025
Donations and gifts
Donation from founding member (including gift aid) 75,000 168,750
Donations from individuals 285 1,275
Grants from organisations 5,917 -
81,202 170,025

4 Charitable activities

Alleviation Alleviation
of animal of animal
suffering suffering
2021 2020
£ £
Charitable expenditure 10,860 18,938
Grant funding of activities (see note 5) 78,336 121,896
Share of support costs (see note 6) 38,035 34,131
Share of governance costs (see note 6) 2,400 (2,600)
129,631 172,365

BURNIE'S FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2021

5 Grants payable

Alleviation
Alleviation of
of animal
animal
suffering
suffering
2021
2020
£
£
Grants to institutions (20 grants):
Sa Cleda Animal Sanctuary (Spain) 54,485
-
Million of Friends Association (Romania) -
45,874
SOS Dogs (Netherlands) -
41,441
Cat Protection Pollensa (Spain) 13,031
15,132
Other grants less than £4,000 -
897
67,516
103,344
Grants to individuals (5 grants) 10,820
18,552
78,336
121,896

Grants to individuals were for the purpose of providing and assisting in the provision of relief of animals in need of care and protection .

Grants paid within the UK totalled £nil (2020: £nil) with overseas grants totalling £78,336 (2020: £121,896).

6 Support costs

Support
costs
Governance
costs
£
£
Staff costs
21,656
-
Bank charges
112
-
Property costs
6,613
-
Accountancy
7,350
-
Insurance
2,088
-
Legal and professional
216
-
Audit fees
-
2,400
Legal and professional
-
-
38,035
2,400
Analysed between
Charitable activities
38,035
2,400		 2021
£
21,656
112
6,613
7,350
2,088
216
2,400
-
40,435
40,435		 Support
costs
Governance
costs
£
£
19,345
-
103
-
7,291
-
5,280
-
1,896
-
216
-
-
2,400
-
(5,000)
34,131
(2,600)
34,131
(2,600)		 2020
£
19,345
103
7,291
5,280
1,896
216
2,400
(5,000)
31,531
31,531

The Charity initially identifies the costs of its support functions. It then identifies those costs which relate to the governance function. Having identified its governance costs, the remaining support costs together with the governance costs relate to its main charitable activities in the year .

BURNIE'S FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2021

7
Net movement in funds
Net movement in funds is stated after charging/(crediting)
Fees payable to the company's auditor for the audit of the company's
financial statements
8
Employees
The average monthly number of employees during the year was:
Employment costs
Wages and salaries
Social security costs
Other pension costs
There were no employees whose annual remuneration was more than £60,000.
9
Tangible fixed assets
Valuation
At 1 June 2020
At 31 May 2021
Carrying amount
At 31 May 2021		 2021
2020
£
£
2,400
2,400
2021
2020
Number
Number
1
1
2021
2020
£
£
20,000
20,000
1,243
(1,568)
413
415
21,656
19,345
Freehold land and
buildings
£
662,714
662,714
662,714

The properties were valued by the Trustees on 31 May 2021 at fair value. The historical cost of the properties amounted to £662,714 (2020: £662,714).

BURNIE'S FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2021

10 Debtors

Amounts falling due within one year:
Other debtors
Creditors: amounts falling due within one year
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income		 2021
£
-
2021
£
3,737
6,600
49,258
3,450
63,045		 2020
£
19,250
2020
£
-
7,680
11,080
3,900
22,660

11 Creditors: amounts falling due within one year

12 Related party transactions

During the year the Charity received donations including gift aid from Trustees amounting to £75,000 (2020: 168,750). There were no conditions attached to any of these donations.

During the year total expenditure on charitable activities of £54,553 (2020: £14,802) was incurred on behalf of the Charity by a Company , incorporated and registered in England and Wales, of which a Trustee is the ultimate controlling party . Also during the year, the Charity received net funds of £3,950 (2020: advanced net funds of £44,040) from the Company . At the statement of financial position date, the Charity owed £39,553 (2020: was owed £18,950) to the Company . The balance is included in creditors, note 11 (2020: included in debtors note 10).

During the year grants totalling £54,485 (2020: £nil) were made to an animal sanctuary in Mallorca, Spain of which a trustee of the Charity owns the property. The grants were made to improve the quality of life of abused animals rescued and in care at the sanctuary.

During the year total expenditure of £nil (2020: £7,313) was reimbursed to a Trustee in respect of expenses incurred on behalf of the Charity. This represents travel and subsistence incurred in the Trustee's official capacity. At the statement of financial position date £9,705 (2020: £9,705) was owed to a Trustee in respect of expenses incurred on behalf of the Charity. The balance is included in creditors, note 11.

The Trustees received no remuneration during the year.

In the opinion of the Trustees there were no other related party transactions falling to be disclosed in these accounts.