GEORDIE BULLIES SPRINGBOARD RESCUE
FINANCIAL STATEMENTS
31 MARCH 2023
Charity Number: 1168590
GEORDIE BULLIES SPRINGBOARD RESCUE
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
| CONTENTS | PAGE |
|---|---|
| Trustees’ Annual Report | 3 |
| Independent Examiner’s Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the financial statements | 8 |
| Detailed statement of financial activities | 15 |
GEORDIE BULLIES SPRINGBOARD RESCUE
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2023
The Trustees present their report of the Charity for the year ended 31 March 2023.
The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the Trust’s government document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard.
REFERENCE AND ADMINISTRATIVE DETAILS
The Registered Charity Number is 1168590 and the Registered Office address is 22 Henley Gardens, Wallsend, Tyne & Wear, NE48 0DL.
THE TRUSTEES
The Trustees who served the charity during the period were as follows:
H Seymour C Knox
The Trustees named above are Trustees for the purposes of charity law.
OBJECTIVES AND ACTIVITIES
The Objective of the Charitable Incorporated Organisation, as stated in its constitution is to relieve the suffering of English Bulldogs in need of care and attention, and to provide and maintain rescue homes or other facilities for the reception, care, and treatment of such animals.
Since the Charity was founded in 2016, it has seen exceptional growth with many volunteers all over the UK. Volunteers are a vital part of the Charity, as they perform home checks on potential foster carers for the bulldogs and transport them to their new homes.
The Trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Charity’s aims and objectives and in planning future activities.
ACHIEVEMENTS AND PERFORMANCE
We rescued 82 dogs this year which was harder to do due to covid and restrictions. This also impacted on our veterinary care as services were restricted and due to staff illness/shortage vet care was often changed at the last minute.
Fundraising took a huge shift and started focusing more on online events like bingo and running more online games. We were unable to attend any large organised events and our monthly walks were suspended.
We worked on our online presence and expanded the platforms we use daily thus providing a greater follower base.
There was a huge increase in the number of adoption applications due to covid rules and family’s having more time. In a reaction to this we streamlined our adoption process.
We had 135 volunteers during the year.
PLANS FOR THE FUTURE
We will continue to strive for excellence in what we do. We will continue to rescue, rehabilitate and rehome English Bulldogs in need.
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GEORDIE BULLIES SPRINGBOARD RESCUE
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2023
RESERVES POLICY
Geordie Bullies is still a relatively newly established Charity and having reviewed the activities during the period, the Trustees have opted to hold minimum cash reserves of £10,000. During 2022-23, the Trustees will review and monitor the progress of the organisation to ensure that this level of reserves remains appropriate.
FINANCIAL REVIEW
The total income for the year was £161,132 and expenditure was £118,265, resulting in a net surplus of £42,867. There were total funds of £63,846 carried forward to the following financial year.
RSTRUCTURE, GOVERNANCE AND MANAGEMENT
GOVERNING DOCUMENT
The Charitable Incorporated Organisation was incorporated on 1 April 2016 and is registered with the Charity Commission under number 1168590.
ORGANISATIONAL STRUCTURE
The Board of Trustees meets regularly to formally administer the organisation and is in frequent communication. The day-to-day administration of the Charity is undertaken by the Trustees.
INDEPENDENT EXAMINERS
A resolution to re-appoint Curlew Accounting Ltd as Independent Examiners for the ensuing year will be proposed at the Annual General Meeting of the Trustees.
Signed by order of the Trustees H Seymour
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GEORDIE BULLIES SPRINGBOARD RESCUE
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES ON THE FINANCIAL STATEMENTS OF GEORDIE BULLIES SPRINGBOARD RESCUE
YEAR ENDED 31 MARCH 2023
I report on the accounts for the year ended 31 March 2023.
Respective responsibilities of trustees and examiner
The Charity's Trustees are responsible for the preparation of the accounts. The Charity's Trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed.
It is my responsibility to:
- Examine the accounts under section 145 of the Charities Act;
• To follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act; and
- To state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison, of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a ‘true and fair’ view, and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no material matters have come to my attention which gives me cause to believe that, in any material respect:
-
The accounting records were not kept in accordance with section 130 of the Charities Act: 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 come across no 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.
Paul Barron, FMAAT ICPA (Fellow)
Independent Certified Practising Accountant
For and on behalf of Curlew Accounting Ltd
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GEORDIE BULLIES SPRINGBOARD RESCUE
STATEMENT OF FINANCIAL ACTIVITIES
(Incorporating an income and expenditure account)
YEAR ENDED 31 MARCH 2023
----- Start of picture text -----
|||||
|---|---|---|---|
|Total Funds|Total Funds|
|Year to 31|Year to 31|
|March 2023|March 2022|
|Note|£|£|
|INCOMING RESOURCES|
|Incoming resources from generated funds|2|161,132|70,458|
|Incoming resources from charitable activities|3|-|29,850|
|------------------------- -------------------------|
|161,132|100,308|
|------------------------- -------------------------|
|RESOURCES EXPENDED|
|Charitable activities|4|113,353|110,608|
|Governance costs|5|4,912|6,737|
|------------------------- -------------------------|
|118,265|117,345|
|------------------------- -------------------------|
|NET INCOMING/(OUTGOING) RESOURCES FOR YEAR|42,867|(17,037)|
|RECONCILIATION OF FUNDS|
|Total funds brought forward|20,979|38,016|
|------------------------- -------------------------|
|TOTAL FUNDS CARRIED FORWARD|63,846|20,979|
|============= =============|
----- End of picture text -----
All of the above amounts relate to continuing activities.
The notes on pages 8 to 10 form part of these financial statements.
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GEORDIE BULLIES SPRINGBOARD RESCUE
BALANCE SHEET
31 MARCH 2023
| 2023 | 2022 | |||
|---|---|---|---|---|
| Note | £ | £ |
£ | |
| FIXED ASSETS | ||||
| Tangible Assets | 6 | 752 | 393 | |
| CURRENT ASSETS | ||||
| Cash at bank and in hand | 65,236 | 21,756 | ||
| -------------------- | -------------------- | |||
| 65,236 | 21,756 | |||
| CREDITORS: Amounts falling due within one | ||||
| year | 7 | (2,142) | (1,170) | |
| -------------------- | -------------------- | |||
| NET CURRENT ASSETS | 63,094 | 20,586 | ||
| -------------------- | -------------------- | |||
| NET ASSETS | 63,846 | 20,979 | ||
| ========== | ========== | |||
| FUNDS | ||||
| Restricted income funds | 8 | - | - | |
| Unrestricted income funds | 9 | 63,846 | 20,979 | |
| ------------------- | -------------------- | |||
| TOTAL FUNDS | 63,846 | 20,979 | ||
| ========== | ========== |
These financial statements were approved by the Trustees on the 30[th] January 2024 and are signed on their behalf by:
H Seymour Trustee
The notes on pages 8 to 10 form part of these financial statements.
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GEORDIE BULLIES SPRINGBOARD RESCUE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
1. ACCOUNTING POLICIES
Basis of accounting
Geordie Bullies Springboard Rescue is a Charitable Incorporated Organisation registered in England. In the event of the Charity being would up, the liability in respect of the guarantee is limited to £1 per Member of the Charity.
The financial statements have been prepared in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland (FRS 102) issued in October 2019, the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice.
Cash flow statement
The Trustees have taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
Fixed assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Equipment
- 25% straight line basis
Incoming resources
Income is recognised in the Statement of Financial Activities when the Charity has entitlement to the funds, any performance conditions have been met, the amount can be measured reliably, and it is probable that the income will be received. Income is only deferred when the Charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.
R esources expended
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Charity to that expenditure, it is possible that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and is recognised in the period in which it is incurred, inclusive of any VAT which cannot be recovered.
Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. 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 accountancy fees and costs linked to the strategic management of the Charity.
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GEORDIE BULLIES SPRINGBOARD RESCUE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives of the Charity at the discretion of the Trustees and which have not been designated for other purposes.
Restricted funds can only be used for a particular restricted purpose within the objectives of the Charity. Restrictions arise when specified by the donor or when funds are raised for a particular restricted purpose.
2. INCOMING RESOURCES FROM GENERATED FUNDS
----- Start of picture text -----
||||||
|---|---|---|---|---|
|Restricted|Unrestricted|Total Funds|Total Funds|
|Funds|Funds|2023|2022|
|£|£|£|£|
|Donations and fundraising|-|161,132|161,132|70,458|
|----------------------- ----------------------- ----------------------- -----------------------|
|-|161,132|161,132|70,458|
|============ ============ ============ ============|
----- End of picture text -----
3. INCOMING RESOURCES FROM CHARITABLE ACTVITIES
----- Start of picture text -----
||||||
|---|---|---|---|---|
|Restricted|Unrestricted|Total Funds|Total Funds|
|Funds|Funds|2023|2022|
|£|£|£|£|
|Adoption fees|-|-|-|29,850|
|------------------------ ------------------------ ------------------------ ------------------------|
|-|-|-|29,850|
|============ ============ ============ ============|
----- End of picture text -----
4. RESOURCES EXPENDED ON CHARITABLE ACTIVITIES
----- Start of picture text -----
||||||
|---|---|---|---|---|
|Restricted|Unrestricted|Total Funds|Total Funds|
|Funds|Funds|2023|2022|
|£|£|£|£|
|Medical costs|-|63,854|63,854|70,916|
|Expenditure on dogs|-|12,238|12,238|16,919|
|Fundraising costs|-|6,428|6,428|-|
|Professional fees|-|264|264|1,710|
|Wages and salaries|-|8,380|8,380|3,312|
|Travel and volunteer expenses|-|12,937|12,937|6,731|
|General expenses|-|1,772|1,772|4,627|
|Storage costs|-|5,850|5,850|5,800|
|Insurance|-|986|986|-|
|Depreciation of tangible assets|-|644|644|593|
|------------------------ ------------------------ ------------------------ ------------------------|
|-|113,353|113,353|110,608|
|============ ============ ============ ============|
|GOVERNANCE COSTS|
|Restricted|Unrestricted|Total Funds|Total Funds|
|Funds|Funds|2023|2022|
|£|£|£|£|
|Administration|-|3,832|3,832|5,777|
|Independent examiner’s fee|-|1,080|1,080|960|
|------------------------ ------------------------ ------------------------ ------------------------|
|-|4,912|4,912|6,737|
|============ ============ ============ ============|
----- End of picture text -----
5. GOVERNANCE COSTS
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GEORDIE BULLIES SPRINGBOARD RESCUE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
6. TANGIBLE FIXED ASSETS
| TANGIBLE FIXED ASSETS | |
|---|---|
| Office and other | |
| equipment | |
| £ | |
| COST | |
| At 1 April 2022 | 2,371 |
| Additions | 1,003 |
| Disposals | - |
| ------------------ | |
| At 31 March 2023 | 3,374 |
| ========= | |
| DEPRECIATION | |
| At 1 April 2022 | 1,978 |
| Charge for the year | 644 |
| On disposals | - |
| ----------------- | |
| At 31 March 2023 | 2,622 |
| ========= | |
| NET BOOK VALUE | |
| At 31 March 2023 | 752 |
| ========= | |
| At 31 March 2022 | 393 |
| ========= |
7. CREDITORS: Amounts falling due within one year
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Accruals | 2,142 | 1,170 |
| ----------------- | ----------------- | |
| 2,142 | 1,170 | |
| ========= | ========= |
8. RESTRICTED INCOME FUNDS
| Net incoming / | ||||
|---|---|---|---|---|
| Balance at | (outgoing) |
Balance at | ||
| 1 | April 2022 | resources | 31 March 2023 | |
| £ | £ | £ | ||
| General Funds | - | - | - | |
| =================================================== | =================================================== | =================================================== |
9. UNRESTRICTED INCOME FUNDS
| Net incoming / | ||||
|---|---|---|---|---|
| Balance at | (outgoing) |
Balance at | ||
| 1 | April 2022 | resources | 31 March 2023 | |
| £ | £ | £ | ||
| General Funds | 20,979 | 42,867 | 63,846 | |
| =================================================== | =================================================== | =================================================== |
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