## **WAR PAWS LIMITED**
**Charity Registration Number 1168239 Company Registration Number 08698305 (England & Wales)**
# **WAR PAWS LIMITED**
# **ANNUAL REPORT AND FINANCIAL STATEMENTS (UNAUDITED)**
**FINANCIAL YEAR ENDED 30 JUNE 2023**
## **WAR PAWS LIMITED**
## **LEGAL & ADMINISTRATIVE INFORMATION**
|**Trustees**|Mr D C Matthews|
|---|---|
||Dr H Svinos|
||Ms S Baldwin|
|**Charity Number**|1168239|
|**Company Number**|08698305|
|**Correspondence Address**|War Paws|
||PO Box 7344|
||Wednesbury|
||WS10 1DX|
|**Registered Address**|54 Queens Drive|
||Llantwit Fadre|
||Pontypridd|
||CF38 2NU|
|**Accountant/Independent Auditor**|Simon Flynn|
## **WAR PAWS LIMITED**
## **A word from the Trustees**
Welcome to the War Paws Trustees Report for year ended 30 June 2023. This year continued to be as active as previous years have been and once again we have seen exponential growth of the charity in terms of the amount of animals now in our care.
Whilst we saw increases in the amount of animals we care for we also saw reductions in general donations and huge price increases across the board but none the less we have managed to reach the end of another year that has made an incredible difference to animals affected by war and civil conflict. The cost of living crisis has affected every person and every charitable organisation in the world but we hope to see improvement in the coming year.
This year has seen us obtain NGO (non governmental organisation) status in the Kurdish Region of Iraq which has increased awareness about our projects in Iraq but to date we have not been able to generate income by donations in Iraq beyond infrequent one off donations from kind donors who have visited us at the shelter.
As always, our volunteer and supporter network has continued to walk with us on our incredible journey and we remain indebted to them for their unrelenting support of the mission.
In the coming year we hope to see further growth of the charity not just in terms of donations but also in the impact we are able to have on the free roaming cat and dog populations in Iraq and also to rehome the Ukrainian dogs that we assumed responsibility for following the unexpected death of our rescue partner on the project in June 2022.
Thank you for your continued support of our sometimes-difficult mission.
## **Mission Statement**
War Paws mission is to advance animal welfare by relieving the pain and suffering of all animals, particularly in hostile environments and areas of civil conflict, but not limited to the provision of veterinary care and treatment. To educate and advise the public of the benefits of advancement of animal health and welfare. To prevent cruelty and abuse of animals. To protect animals (whether endangered or not) on an international level particularly in hostile environments and areas of civil conflict
## **Trustee Statement**
All trustees have read and understood the Charity Commission guidance with regards to public benefit and all work/projects carried out have been done in accordance with providing public benefit.
## **Grant Making**
War Paws has continued to provide small, infrequent grants to organisations in both Ukraine and Afghanistan. Grants are subject to available funding and recipients are required to provide a full written report at the end of each grant period providing evidence of grant funding being spent on its intended purpose.
## **WAR PAWS LIMITED**
## **Objectives & Activities**
Several projects have been undertaken during this year with all objectives being met.
## **Volunteers & Supporters**
As with previous years our volunteers & supporters have been an integral part of the success of our mission. We recognise that the unwavering support and efforts of our volunteers and supporters is the mortar that holds the bricks together and that without them our mission would be next to impossible.
We have been able to host several volunteers at the shelter in Romania during this year as well as hosting several veterinary professionals at the shelter in Iraq but as yet we have not been able to open up our volunteer program on a wider basis in Iraq due to logistical issues.
## **Iraq Shelter Project**
The Iraq shelter project continues to be our prominent area of operations and in this year we have seen the numbers of animals we care for at the shelter increase to in excess of 700 dogs. We were able to undertake several trips to the shelter throughout the year and on each visit we saw encouraging improvement in terms of living conditions and the health and welfare of the dogs.
September 2022 saw Dr Raouf move on from the shelter clinic to start his own veterinary business, whilst we were incredibly sad to see him leave we are thrilled that we were able to provide him with the solid foundations he needed to become successful in his venture. Following Dr Raouf’s departure, Dr Ali joined our clinic team and commenced his training under the watchful eye of Dr Majd who has been with us since 2020. Dr Ali progressed very quickly and has shown he has a real talent in his field, he shows unrivalled empathy for the animals and has progressed with his training very rapidly.
In January 2023 we welcomed our first vet assistant to the clinic, Shamus had moved from the USA to Erbil and he spent time volunteering with us at the shelter and quickly made us realise we could not do without him. Shamus, alongside Dr’s Majd and Ali works tirelessly to ensure that every single one of the dogs we are caring for gets gold standard treatment. During this year our TNVR program in the local area of the shelter has continued and many hundreds of dogs have passed through the clinic and now live happy healthy lives and are not producing hundreds of puppies. That said, the shelter driveway has continued to be a dumping ground for mothers and their pups and it is not unusual for us to be caring for 50+ puppies with their mothers at any given time.
## **WAR PAWS LIMITED**
January 2023 also saw us being fortunate to receive grant funding from Fondation Brigitte Bardot that enabled us to build a completely new onsite veterinary clinic at the shelter, our original clinic had long outlived expectation and was becoming financially unviable to repair. Our amazing new clinic comprises of a general clinic room, separate surgical suite and a recovery unit. The difference this has made is beyond words, we have been able to spay/neuter more dogs and deal with some very complex cases thanks to our new clinic.
I
n the last 12 months we have been incredibly grateful to receive visits from volunteer vets Dr Ross Neethling, Dr Meg Oakeley, Dr Tom Rammerstorfer and Dr Gemma Campling, each one of them brought new experiences for our own vets. Not forgetting the amazing Dr Louise Harvey and Dr Alasdair Hotston Moore who have been there to assist our vets remotely with some very tricky cases throughout the year.
Our Country Manager, Oriana has continued to blossom. Oriana has brought the shelter forward more than we could ever have hoped for. Thanks to her endless drive and passion to make a difference we were able to provide more shading to help protect the dogs from the unyielding sun, and start building concrete swimming pools for the dogs that live in our driveway so they have the same access to cool fresh water during the summer months that the dogs have inside the shelter. The dogs have never been happier and more well cared for than they are under Oriana’s watchful eye.
## **WAR PAWS LIMITED**
Our goals for the coming year are to continue with the ‘concrete pool’ project to provide cool, fresh water for any dogs around the shelter, we hope to build more shaded areas both inside and outside of the shelter and to continue and expand our TNVR efforts in the local area. We are aiming to increase local awareness of our mission and in turn encourage more local participation both by way of volunteers and donations in country.
## **Iraq Donkey Sanctuary Project**
Our donkey sanctuary remains small and is home to 7 beautiful donkeys. The donkeys love their sanctuary and they want for nothing, they spend their days out in the pastures and at night they come back inside to their stable block. Food costs for the donkeys have increased significantly in this year but with careful management of the budget we have been able to maintain a good diet for them.
Our lovely female donkey, Hot Chocolate developed Sarcoid Tumours on 2 of her legs in September 2022 and thanks the truly brilliant Dr Derek Knottenbelt of Equine Medical Solutions and a wonderful ointment called AW5! Dr Knottenbelt was beyond helpful in consulting with us remotely and working with our vets to ensure that the treatment was carried out to the letter. We were astonished to see that in just a little over 4 weeks Hot Chocolates sarcoids had resolved completely and she remains free of them. To the best of our knowledge Hot Chocolate is the first donkey ever treated with the AW5 protocol in Iraq.
## **WAR PAWS LIMITED**
In December 2022 we were fortunate to have visiting vets Dr Tom Rammerstorfer & Dr Gemma Campling who both have extensive equine experience join us at the sanctuary. They came in specifically to train our own vets on humane castration methods for male donkeys and during their week long trip we were able to castrate Mortimer, Bell and also a horse called Atlas. The ‘in the field’ surgeries went well, and the Morty, Bell & Atlas were all back to normal the very next day. This trip was a fantastic opportunity not just for our own resident vets but also for several local vets who attended to learn about the castration procedures and also a local horse club that the vets visited and provided advice for.
Sadly, in March 2023 our old boy Mortimer got sick with colic, his diet was adjusted and initially he made a good recovery but sadly a few weeks later he once again got colic and this time we had no other choice but to let him go to sleep humanely.
We will continue to manage our donkey sanctuary but at this stage there are no plans to expand the sanctuary itself, but we do hope the in the future we will be able to secure enough funding to be able to provide a program for local donkey/equine owners that will teach them better husbandry practices.
## **Ukraine/Romania Project**
Throughout the summer and into autumn of 2022 work construction/improvements were continued at the shelter in Romania that had become home to the 99 dogs were assumed responsibility for following the unexpected death of our rescue partner in June 2022. Throughout the summer we were able to host several volunteers at the shelter who all helped with socialisation of the dogs and helped with the normal daily cleaning and chores that needed to be done.
## **WAR PAWS LIMITED**
The summer months were incredibly busy ensuring that every dog received full vaccinations, blood tests for tick borne diseases and Heartworm, B Canis and FAVN testing and every dog was scheduled for spay/neuter. The temporary ban that had been in put in place banning the import of dogs from Ukraine, Romania and some other countries endured longer than anticipated meaning that our plans to have all the dogs moved to new homes in the UK before the winter months came did not come to fruition.
Fortunately, one of our UK volunteers, Bryony, was able to move to Romania for 3 months in October 2022 and set to work on ensuring the kennels were made winter ready and the socialisation and training of the dogs and the shelter staff was continued when the flow of volunteers slowed down.
The ban was lifted at the end of October 2022 but a global rehoming crisis had started by this time and we knew that we would not be able to get all of the dogs out before the winter months came. That said, we were able to send some of the dogs to Sweden, Poland, The Netherlands and Denmark to new homes but most of the dogs remain in Romania.
Bryony left Romania at the end of December 2022, the dogs were all happy and healthy and the shelter staff were well trained, we thought everything would run smoothly whilst we applied for Bryony to get a long term visa but we were wrong. Sadly within a few weeks of Bryony leaving Romania conditions at the shelter started to go downhill. In February 2023 we visited again and found that many of the dogs had lost a considerable amount of weight, the shelter owner had removed our staff and the dogs were not being cared for to a standard we were happy with so we made the decision to terminate our contract with the shelter and move the dogs to another shelter.
The dogs were moved to a another shelter in March 2023 and started to gain weight and were much happier and we were finally able to start looking for homes for the dogs in the UK but the global rehoming
## **WAR PAWS LIMITED**
crisis had taken hold and whilst we have found homes for a few of the dogs progress is very slow so we anticipate that most of the dogs will remain in Romania for a considerable period of time.
Fundraising has slowed down considerably for the Ukrainian dogs but we are fortunate enough to have had a reserve of restricted funding specifically for these dogs to ensure their ongoing care. We will continue to provide for the remaining Ukrainian dogs at the shelter in Romania and will continue our efforts to rehome as many as possible before the winter comes around again.
## **Statement of Trustees’ Responsibilities**
The trustees, who are also the directors of War Paws Limited 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:
- 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;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements 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 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.
The Trustees' report was approved by the Board of Trustees.
28 March 2024 Signed…………………………………………….. Sally Baldwin Date…………………………………. **Ms Sally Baldwin – Trustee**
## **WAR PAWS LIMITED**
## **Independent Examiner’s Report to the Trustees of War Paws Limited**
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30/06/2023
## **Responsibilities and basis of report**
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’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 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 which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the CharitiesAct; or
- the accounts did not accord with the accounting records; or
- the accounts did 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.
## **Mr S R Flynn FCCA**
**20 Cedar Close Banbury Oxfordshire OX16 9HE**
**Date: 22/03/2024**
## **WAR PAWS LIMITED**
## STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME & EXPENDITURE ACCOUNT
_FOR THE YEAR ENDED 30TH JUNE 2023_
|||**Unrestricted**|**Restricted**|**Total**|**Prior Year**|
|---|---|---|---|---|---|
||Note|**Funds**|**Funds**|**Funds**|**Funds**|
|**Income & Endowments from:**||||||
|Donations and Legacies|3|202,246|47,004|249,250|1,473,761|
|Charitable Activities||0|0|0|0|
|Other trading activities|4|7,315|0|7,315|16,696|
|Investments|5|349|0|349|97|
|Separate material item of income||0|0|0|0|
|Other|6|8,115|0|8,115|0|
|**Total**||**218,025**|**47,004**|**265,029**|**1,490,554**|
|**Expenditure on:**||||||
|Raising Funds||0|0|0|0|
|Charitable Activities|7|331,105|128,034|459,139|1,250,725|
|Separate material item of expense|8|2,796|1,360|4,156|0|
|Other|9|9,308|0|9,308|8,710|
|**Total**||**343,209**|**129,394**|**472,603**|**1,259,435**|
|Net Income / Expenditure||(125,184)|(82,390)|(207,574)|231,119|
|Extraordinary items||0|0|0|0|
|Transfers between finds
**`**||0
**(125,184)**|0
**(82,390) **|0
**(207,574)**|0
**231,119**|
|**Reconciliation of funds**||||||
|Total Funds brought forward at 1st July2022||155,228|117,390|272,618||
|**Total Funds carried forward at 30th June 2023**||**30,044**|**35,000**|**65,044**||
## **WAR PAWS LIMITED**
## BALANCE SHEET
_AS AT 30th JUNE 2023_
## **Charities Commission Balance Sheet as at 30/06/2023**
|Note
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**Prior Year**
**Funds**
**Fixed Assets**
Tangible Assets
13
10,000
0
10,000
15,000
Intangible Assets
0
0
0
0
Investments
0
0
0
0
**Total**
**10,000**
**0**
**10,000**
**15,000**
**Current Assets**
Stock
14
4,178
0
4,178
1,063
Debtors
15
9,854
0
9,854
30,898
Investments
0
0
0
0
Cash
16,511
35,000
51,511
241,456
**Total**
**30,543**
**35,000**
**65,543**
**273,417**
**Creditors: Amounts falling due within 1 year**
**16**
5,500
0
5,500
3,800
**Net Current Assets**
**25,043**
**35,000**
**60,043**
**269,617**
**Total Assets less current liabilities**
**35,043**
**35,000**
**70,043**
**284,617**
**Creditors: Amounts falling due after 1 year**
**17**
5,000
0
5,000
12,000
**Total Net Assets**
**30,043**
**35,000**
**65,043**
**272,617**
**Funds of the Charity**
Restricted Funds
0
35,000
35,000
117,391
Unrestricted Funds
30,043
0
30,043
155,227
**30,043**
**35,000**
**65,043**
**272,617**
Signature
Print Name
Date
Signed byone or two trustess on behalf of all trustees
SallyBaldwin Sally Baldwin 28/03/24|Note
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**Prior Year**
**Funds**
**Fixed Assets**
Tangible Assets
13
10,000
0
10,000
15,000
Intangible Assets
0
0
0
0
Investments
0
0
0
0
**Total**
**10,000**
**0**
**10,000**
**15,000**
**Current Assets**
Stock
14
4,178
0
4,178
1,063
Debtors
15
9,854
0
9,854
30,898
Investments
0
0
0
0
Cash
16,511
35,000
51,511
241,456
**Total**
**30,543**
**35,000**
**65,543**
**273,417**
**Creditors: Amounts falling due within 1 year**
**16**
5,500
0
5,500
3,800
**Net Current Assets**
**25,043**
**35,000**
**60,043**
**269,617**
**Total Assets less current liabilities**
**35,043**
**35,000**
**70,043**
**284,617**
**Creditors: Amounts falling due after 1 year**
**17**
5,000
0
5,000
12,000
**Total Net Assets**
**30,043**
**35,000**
**65,043**
**272,617**
**Funds of the Charity**
Restricted Funds
0
35,000
35,000
117,391
Unrestricted Funds
30,043
0
30,043
155,227
**30,043**
**35,000**
**65,043**
**272,617**
Signature
Print Name
Date
Signed byone or two trustess on behalf of all trustees
SallyBaldwin Sally Baldwin 28/03/24|Note
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**Prior Year**
**Funds**
**Fixed Assets**
Tangible Assets
13
10,000
0
10,000
15,000
Intangible Assets
0
0
0
0
Investments
0
0
0
0
**Total**
**10,000**
**0**
**10,000**
**15,000**
**Current Assets**
Stock
14
4,178
0
4,178
1,063
Debtors
15
9,854
0
9,854
30,898
Investments
0
0
0
0
Cash
16,511
35,000
51,511
241,456
**Total**
**30,543**
**35,000**
**65,543**
**273,417**
**Creditors: Amounts falling due within 1 year**
**16**
5,500
0
5,500
3,800
**Net Current Assets**
**25,043**
**35,000**
**60,043**
**269,617**
**Total Assets less current liabilities**
**35,043**
**35,000**
**70,043**
**284,617**
**Creditors: Amounts falling due after 1 year**
**17**
5,000
0
5,000
12,000
**Total Net Assets**
**30,043**
**35,000**
**65,043**
**272,617**
**Funds of the Charity**
Restricted Funds
0
35,000
35,000
117,391
Unrestricted Funds
30,043
0
30,043
155,227
**30,043**
**35,000**
**65,043**
**272,617**
Signature
Print Name
Date
Signed byone or two trustess on behalf of all trustees
SallyBaldwin Sally Baldwin 28/03/24|
|---|---|---|
|||**30,043**
**35,000**
**65,043**
**272,617**
Signature
Print Name
Date
SallyBaldwin Sally Baldwin 28/03/24|
|||Signature
Print Name
Date|
|Signed byone or two trustess on behalf of all trustees||SallyBaldwin Sally Baldwin 28/03/24|
## **WAR PAWS LIMITED**
## NOTES TO THE FINANCIAL STATEMENTS
_FOR THE YEAR ENDED 30 JUNE 2023_
## _**Accounting Policies**_
## _1.1 Charity Information_
War Paws Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 54 Queens Drive, Crown Hill, Llantwit Fardre, Pontypridd, CF38 2NU.
## _1.2 Accounting convention_
The financial statements have been prepared in accordance with the charity's governing document, 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 amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention . The principal accounting policies adopted are set out below.
## _1.3 Going concern_
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## _1.4 Charitable funds_
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## _1.5 Income_
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
## **WAR PAWS LIMITED**
## NOTES TO THE FINANCIAL STATEMENTS (continued)
_FOR THE YEAR ENDED 30 JUNE 2023_
## _1.6 Expenditure_
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use.
## _1.7 Tangible fixed assets_
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
33% Straight line Plant and equipment Motor vehicles 20% Straight line
## **WAR PAWS LIMITED**
## NOTES TO THE FINANCIAL STATEMENTS (continued)
_FOR THE YEAR ENDED 30 JUNE 2023_
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.
## _**1.8** 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).
## _1.9 Stocks_
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.
Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.
## _1.10 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.
## _1.11 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.
## _**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 payments 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.
## **WAR PAWS LIMITED**
## NOTES TO THE FINANCIAL STATEMENTS (continued)
_FOR THE YEAR ENDED 30 JUNE 2023_
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.
## _1.12 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.
## _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.
## **WAR PAWS LIMITED**
## NOTES TO THE FINANCIAL STATEMENTS (continued)
_FOR THE YEAR ENDED 30 JUNE 2023_
## **3 Donations & Legacies**
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|Unrestricted|Restricted|Total|2022|
|Donations|184,246|520|184,766|567,797|
|Grants|
|General|18,000|-|18,000|15,674|
|Afghanistan|-|-|-|781,646|
|Ukraine|-|15,000|15,000|108,644|
|Iraq|-|31,484|31,484|-|
|18,000|46,484|64,484|905,964|
|Total|202,246|47,004|249,250|1,473,761|
**----- End of picture text -----**
## **4 Other Trading Activities**
**----- Start of picture text -----**
||||
|---|---|---|
|2023|2022|
|Fundraising Income|5,226|12,326|
|Mecrchandise Sales|2,089|4,369|
|7,315|16,695|
**----- End of picture text -----**
## **5 Investments**
## **Interest Received**
**----- Start of picture text -----**
|||
|---|---|
|2023|2022|
|349|97|
**----- End of picture text -----**
## **6 Other**
**----- Start of picture text -----**
||||
|---|---|---|
|2023|2022|
|Revaluation of Stock|3,115|-|
|Income on Gifted Van|5,000|-|
|8,115|-|
**----- End of picture text -----**
## **WAR PAWS LIMITED**
## NOTES TO THE FINANCIAL STATEMENTS (continued)
_FOR THE YEAR ENDED 30 JUNE 2023_
## **7 Charitable Activities**
**----- Start of picture text -----**
Shelter Project Costs Unrestricted Restricted Total 2022
- -
Iraq 178,888 178,888
Ukraine 52,941 52,941 118,756
General 29,679 29,679 150,796
Romaina 8,415 8,415
Afghanistan - - - 871,191
Total 208,567 61,356 269,923 1,140,744
**----- End of picture text -----**
|Vet Clinic Costs
21,120
Rescue Costs
16,255
UK Salaries & Wages
30,716
Travel and Accomodation
20,117
Office / General Expenses
9,138
Audit & Accountancy
6,728
Vehicle Costs
4,223
Bank Charges
4,500
Merchandise Costs
3,164
General Insurance
2,093
Legal Fees
1,847
Printing Postage & Stationary
1,226
Subsistence Costs
940
IT Costs
471
**331,104**|Vet Clinic Costs
21,120
Rescue Costs
16,255
UK Salaries & Wages
30,716
Travel and Accomodation
20,117
Office / General Expenses
9,138
Audit & Accountancy
6,728
Vehicle Costs
4,223
Bank Charges
4,500
Merchandise Costs
3,164
General Insurance
2,093
Legal Fees
1,847
Printing Postage & Stationary
1,226
Subsistence Costs
940
IT Costs
471
**331,104**|35,910
57,030
32,812
18,830
35,085
31,031
-
30,716
15,723
8,927
29,044
8,110
607
9,745
5,090
-
6,728
1,145
1,746
5,969
-
520
5,020
9,949
-
3,164
1,248
-
2,093
2,460
-
1,847
-
-
1,226
1,394
139
1,079
438
-
471
582|
|---|---|---|
||**331,104**|**128,035**
**459,139**
**1,250,725**|
## **8 Separate Material Item of Expense**
|Grants Given|**2023**
**2022**|
|---|---|
||4,156
0|
## **WAR PAWS LIMITED**
## NOTES TO THE FINANCIAL STATEMENTS (continued)
_FOR THE YEAR ENDED 30 JUNE 2023_
**----- Start of picture text -----**
||||
|---|---|---|
|9 Other Expenses|
|2023|2022|
|Foreign Exchange Loss|4,308|839|
|Depreciation Charge|5,000|7,582|
|Interest Paid|289|
|9,308|8,710|
**----- End of picture text -----**
## **10 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year
## **11 Employees**
The average monthly number of employees during the year was:
**----- Start of picture text -----**
|||
|---|---|
|2023|2022|
|1|1|
**----- End of picture text -----**
## **12 Employment Costs**
**----- Start of picture text -----**
||||
|---|---|---|
|2023|2022|
|UK Salaries & Wages|30,716|15,723|
**----- End of picture text -----**
There were no employees whose annual remuneration was more than £60,000
## **WAR PAWS LIMITED**
## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) _FOR THE YEAR ENDED 30 JUNE 2023_
|**13**
**Tangible Fixed Assets**
Cost at 1st July 2022
Additions
Cost at 30th June 2023
Accumulated Depreciation at 1st July 2022
Depreciation charge
Accumulated Depreciation at 30th June 2023
Carrying Amount at 1st July 2022
Carrying Amount at 30th June 2023
**14 Stock**
Finished Goods and Goods for resale
**15**
**Debtors**
Amounts falling due within 1 year. Gift Aid recoverable
**16 Creditors: Amounts falling due within 1 year**
Government Grants
Expense Accruals
**17 Creditors: Amounts falling due after more than 1 year**
Government Grants|**Motor Vehicles**
15,000
-
15,000
0
5,000
5,000
15,000
10,000
**2023**
**2022**|
|---|---|
||4,178
1,063|
||**2023**
**2022**|
||9,854
30,898|
||**2023**
**2022**
5,000
3,000
500
800
5,500
3,800
**2023**
**2022**
5,000
12,000
5,000
12,000|
## **WAR PAWS LIMITED**
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) _FOR THE YEAR ENDED 30 JUNE 2023_
## **18 Analysis of net assets between funds**
|_Fund Balances at 30th June represented by:_
Tangible Fixed Assets
Current Assets/(Liabilities)
Long Term Liabilities|Unrestricted
Restricted
**Total** Unrestricted
Restricted
**Total**
2023
2023
**2023**
2022
2022
**2022**
10,000
0
**10,000**
15,000
**15,000**
25,043
35,000
**60,043**
152,227
117,391
**269,617**
(5,000)
0
**(5,000)**
(12,000)
0
**(12,000)**|
|---|---|
||30,043
35,000
**65,043**
155,227
117,391
**272,617**|
## **19 Related Party Transactions**
There were no disclosable related party transactions during the year (2022 none)