2021-12-31-accounts - Oak Tree Animals' Charity

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				Page
Reference and administrative			details ofthe Charity, its Trustees and advisers
Trustees' report				2-8
Independent	auditors'	report	on the financial statements	9-12
Consolidated	statement	offinancial activities		13
Consolidated	balance sheet			14
Charity balance sheet				15
Consolidated	statement	ofcash flows		16
Notes to the	financial statements			17-42

						As	restated
			Unrestricted	Restricted	Total		Total
			funds	funds	funds		funds
		Note	2021f	2021f	2021f		2020f
Income from:
Donations and legacies		4	1,022,413	76,889	1,099,302		549,860
Other trading activities		5	296,805		296,805		110,90S
Investments		6	13,166		13,166		13,580
Total income			1,332,384	76,889	1,409,273		774,445
Expenditure on:
Raising funds		7	257,766		257,766		93,713
Charitable activities		8	873,390	30,660	904,050		906,057
Total expenditure			1,131,156	30,660	1,161,816		999,780
Net income/(expenditure)	before net
gains on investments			201,228	46,229	247,457	(225,334)
Net gains on investments			43,062		43,062		15,566
Net movement in funds			244,290	46,229	290,519	(208,768)
Reconciliation offunds:
Total funds brought forward			2,138,417	17,635	2,156,052	2,364,820
Net movement in funds			244,290	46,229	290,519	(208,758)
Total funds carried forward			2,382,707	63,864	2,446,571	2,155,052

							As restated
					2021		2020
			Note		6		5
Fixed assets
Tangible assets			13		1,125,912		1,123,359
Investments			15		458,114		558,450
Investment property			14		408,333		408,333
					1,992,359		2,090, 142
Current assets
Stocks			16	7,644		12,464
Debtors			17	229,117		41,096
Cash at bank and	in hand			355,329		154,075
				592,090		207,635
Creditors: amounts	falling due within one
year			18	(101,207)		(94,860)
Net current assets					490,883		112,775
Total assets less	current liabilities				2,483,242		2,202,917
Creditors: amounts	falling due after more
than one year			19		(36,671)		(46,865)
Net assets excluding		pension asset			2,446,571		2,156,052
Total net assets					2,446,571		2,156,052
Charity funds
Restricted funds			21		63,864		17,635
Unrestricted funds			21		2,382,?07		2,138,417
Total funds					2,446,571		2,156,052

								As restated
						2021		2020
				Note		E
Fixed assets
Tangible assets				13		1,117,069		1,117,918
Investments				15		458,115		558,451
Investment property				14		408,333		408,333
						1,983,517		2,084,702
Current assets
Stocks				16	120		3,084
Debtors				17	231,670		54,784
Cash at bank and	in	hand			337,577		142,548
					569,367		200,416
Creditors: amounts		falling due within one
year				18	(79,463)		(87,642)
Net current assets						489,904		112,774
Total assets less	current liabilities					2,473,421		2,197,476
Creditors: amounts		falling due after more
than one year				19		(36,671)		(46,865)
Net assets excluding			pension asset			2,436,750		2,150,611
Total net assets						2,436,750		2,150,611
Charity funds
Restricted funds				21		63,&64		17,635
Unrestricted funds				21		2,372,886		2,132,976
Total funds						2,436,750		2,150,611

	FOR T	HE	YEAR ENDED 31 DECEMB	ER 2021
				2021	2020
				6
Cash flows from operating	activities
Net cash used in operating	activities (note 24)			83,928	(235,338)
Cash flows from investing	activities
Dividends, interests and rents from investments				12,755
Proceeds from the sale oftangible fixed		assets		100
Purchase oftangible fixed assets				(26,584)	(23,774)
Proceeds from sale of investments				237,941	239,765
Purchase ofinvestments				(94,543)	(69,531)
Interest received				411	988
Net cash provided by investing activities				130,080	147,448
Cash flows from financing	activities
Cash inflows from new borrowing					50,000
Repayments of borrowing				(3,332)
Decrease/(increase) in investments				(9,422)	(6,927)
Net cash (used in)/provided	by financing		activities	(12,754)	43,073
Change in cash and cash	equivalents	in	the year	201,254	(44,817)
Cash and cash equivalents	at the beginning		ofthe year	154,075	198,892
Cash and cash equivalents	at the end	of	the year	355,329	154,075

				Unrestricted	Restricted	Total
				funds	funds	funds
				2021	2021	2021
				8	E	8
Grants
Grants for general purposes				23,064		23,084
Grants for Animal projects					10,000	10,000
Grants for Community		& Educational	projects		46,735	48,735
COVID-19 related grants				49,994		49,994
Grants for Tea Room		projects			20,154	20,154
				73,058	76,889	149,947
Donations				123,638		123,838
Legacies				814,594		814,594
Similar incoming	resources			11,123		11,123
Subtotal				949,355		949,355
				1,022,413	76,889	1,099,302

								Unrestricted	Restricted	Total
								funds	funds	funds
								2020	2020	2020
	Grants
	Grants for	general	purposes					12,729		12,729
	Grants for	Equine	projects						26,500	26,500
	Grants for	Animal	projects					15,500	4, 750	20,250
	Grants for	Community		& Educational			projects	500	44,872	45,372
	COVID-19	related	grants					92,620		92,620
								121,349	76,122	197,471
	Donations							133,502		133,502
	Legacies							316,592		316,592
	Similar incoming		resources					2,295		2,295
	Subtotal							452,389		452,389
								573,738	76,122	649,860
5.	Income from other			trading	activities
	Income from fundraising				events
									Unrestricted	Total
									funds	funds
									2021	2021
										E
	Fundraising	events,		sponsorship		and	lottery income		29,852	29,852
									Unrestricted	Total
									funds	funds
									2020	2020
	Fundraising	events,		sponsorship		and	lottery income		31,783	31,783

Unrestricted	Total
funds	funds
2021	2021
6	6
266,953	266,953

			Unrestricted	Total
			funds	funds
			2021	2021
				6
Investment	income	- dividends	12,755	12,755
Investment	income	- bank interest	411	411
			13,166	13,166

Unrestricted	Total
funds	funds
2020	2020
12,713	12,713
967	967
13,680	13,680

						Unrestricted	Total
						funds	funds
						2021	2021
						E	6
Event	expenses					3,086	3,086
					Unrestricted	Restricted	Total
					funds	funds	funds
					2020	2020	2020
						5	t'
Event	expenses				250		250
OTAC	Trading	and	support	costs	87,484	5,979	93,463
					87,734	5,979	93,713

				Unrestricted	Total
				funds	funds
				2021f	2021
Direct costs	in OTAC Trading	Ltd		68,674	68,674
Administration	expenses in OTAC Trading		Ltd	38,513	38,513
Salary costs	relating to OTAC	staff		144,415	144,415
Depreciation	in OTAC Trading	Ltd		3,078	3,078
				254,680	254,680

Charitable	activities
Charitable	activities

Unrestricted	Restricted
funds	funds	Total
2021	2021	2021
6	E	6
873,390	30,660	904,050
Unrestricted	Restricted
funds	funds	Total
2020	2020	2020
6		6
655,970	50,097	906,067

		Activities
		undertaken	Support	Total
		directly	costs	funds
		2021	2021	2021
		5	E	6
Charitable	activities	715,215	188,835	904,050
		Activities
		undertaken	Support	Total
		directly	costs	funds
		2020	2020	2020
		6	6
Charitable	activities	127,530	778,537	906,067

		Total
	Activities	funds
	2021	2021
	8	6
Staff costs	112,138	112,138
Depreciation	15,358	15,358
Office costs	7,161	7,161
Computer costs	13,696	13,696
Bank charges	3,454	3,454
Audit and accountancy fees	13,952	13,952
Rates and premises costs	7,253	7,253
Payroll bureau charges	11,174	11,174
Bank loan interest	216	216
Sundry expenses	895	895
Bad debts recovered and cash under/over's	(1,957)	(1,957)
(Profit)/loss on disposal offixed assets	5,495	5,495
	168,835	188,835

		Total
	Activities	funds
	2020	2020
		6
Staff costs	615,513	615,513
Depreciation	46,990	48,990
Audit and accountancy fees	12,425	12,425
Other support costs	101,609	101,609
	778,537	776,537

											2021	2020
											6
Fees payable	to the Charity's		auditor			for the audit ofthe		Charity's	annual
accounts											9,635	12,425
Fees payable	to the Charity's		auditor			in respect of:
All non-audit	services	not included			above						3,200
Staff costs
							Group		Group		Charity	Charity
							2021		2020		2021	2020
								6		5	6	L
Wages and salaries							644,506		513,844		644,506	575,346
Social security costs							37,535		17,891		37,535	17,891
Contribution to defined		contribution			pension
schemes							12,776		22,276		12,776	22,276
							694,817		554,011		694,817	615,513
The average	number ofpersons			employed			by the Charity	during	the year	was as follows:
											Group	Charity
											2021	2021
											No.	No.
Facilities and	office										11	11
Veterinary and animal		welfare									13	13
Community											2	2
Shop and tea	room										7	7
Fundraising											5	5
											38	38

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		FOR THE YEAR ENDED 31 D	ECEMBER 2021
14.	Investment	property
	Group
			Freehold
			investment
			property
			8
	Valuation
	At 1 January	2021	408,333
	At 31 December 2021		408,333
	Charity
			Freehold
			investment
			property
			8
	Valuation
	At 1 January	2021	408,333
	At 31 December 2021		408,333

	Other fixed
	asset
	investments
Group	6
Cost or valuation
At 1 January 2021	558,450
Additions	94,543
Disposals	(237,941)
Revaluations	43,062
At 31 December 2021	458,114
Net book value
At 31 December 2021	458,114
At31December 2020	558,450

	Investments
	in	Other fixed
	subsidiary	asset
Charity	companies 6	investments f	Total F
Cost or valuation
At 1 January 2021		558,450	558,451
Additions		94,543	94,543
Disposals		(237,941)	(237,941)
Revaluations		43,062	43,062
At 31 December 2021	1	458,114	458,115
Net book value
At 31 December 2021	1	458,114	458,115
At31December 2020	1	558,450	558,451

		Group	Group	Charity	Charity
		2021	2020f	2021f	2020
Consumable	stocks	7,644	12,454	120	3,084

			Group		Charity
		Group	As restated	Charity	As restated
		2021f	2020f	2021f	2020f
Due within one year
Trade debtors		6,810	5,425
Amounts owed by group undertakings				6,114	22,025
Other debtors		188,736	12,379	187,233	10,711
Prepayments	and accrued income	33,571	22,292	38,323	22,048
		229,117	41,095	231,670	54,784

			Group		Charity
		Group	As restated	Charity	As restated
		2021 F	2020f	2021f	2020
Bank loans		9,996	3,135	9,996	3,135
Trade creditors		37,431	30,587	21,192	29,973
Other taxation and social security		12,391	9,730	12,391	9,730
Other creditors		2,130		2,130
Accruals and deferred	income	39,259	51,408	33,754	44,804
		101,207	94,850	79,463	87,542

	Group	Group	Charity	Charity
	2021f	2020	2021f	2020
Bank loans	36,671	46,865	36,671	46,865
Included within the above are amounts	falling due as follows:
	Group	Group	Charity	Charity
	2021f	2020f	2021f	2020f
Between one and two years
Bank loans	9,996	9,575	9,996	9,575
Between two and five years
Bank loans	26,675	30,255	26,675	30,255
Over five years
Bankloans		7,035		7,035

				Group		Charity
			Group	As restated	Charity	As restated
			2021 F	2020 f	2021 f	2020 f
Financial	assets
Measured	at market value - Investment
portfolio			458,114	558,450	458,114	558,450
Measured	at amortised	cost - Cash at bank
and in hand			355,329	154,075	337,577	156,231
Amounts	owed by group	undertakings			6,114	22,025
			813,443	712,525	801,805	735,706
			Group	Group	Charity	Charity
			2021f	2020f	2021f	2020
Financial	liabilities
Bank loans			(46,667)	(50,000)	(46,667)	(50,000)
Trade creditors			(37,431)	(30,587)	(21,192)	(29,973)
			(84,098)	(80,587)	(67,859)	(79,973)

						Balance at
		Balance at 1				31
		January			Gains/	December
		2021	Income	Expenditure	(Losses)	2021
		6	6	6	6	6
Unrestricted	funds
General funds		2,138,417	1,332,384	(1,131,156)	43,062	2,382,707
Restricted	funds
Equine welfare		16,000				16,000
Animal welfare		1,087	30,660	(30,660)		1,087
Community	projects and
education		548				548
Tea room			20,154			20,154
Electric van			26,075			26,075
		17,635	76,889	(30,660)		63,864
Total offunds		2,156,052	1,409,273	(1,161,816)	43,062	2,446,571

Statemen	t offun	ds - prior year
								Balance at
		Balance at						31
		1January				Transfers	Gains'	December
		2020	Income	Expenditure		inlout	(Losses)	2020
		6	6		F
Unrestricted
funds
General	fund	2,322,259	698,324	(943,704)		44,972	16,566	2 138,417
Restricted
funds
Sensory	garden	6,150				(6,150)
Equine welfare		13,307	26,500	(8,307)		(15,500)		16,000
Animal welfare		12,245	4,750	(11,525)		(4,383)		1,087
Community
projects	and
education		10,306	44,872	(35,691)		(18,939)		548
Woodland
maintenance		553		(553)
		42,561	76,122	(56,076)		(44,972)		17,635
Total of	funds	2364820	774446	(99»780)			16,566	2,156,052

Summary offunds - cu	rrent year
					Balance at
	Balance at 1				31
	January			Gainsl	December
	2021	Income	Expenditure	(Losses)	2021
	8	E	6	6	6
General funds	2,138,41?	1,332,384	(1,131,156)	43,062	2,382,707
Restricted funds	17,635	76,889	(30,660)		63,864
	2,156,052	1,409,273	(1,161,816)	43,062	2,446,571

Summary	offund	s - prior year
							Balance at
		Balance at					31
		1January			Transfers	Gainst	December
		2020	Income	Expenditure	in7out	(Losses)	2020
		5		5	6	5	6
General funds		2,322,259	698,324	(943,704)	44,972	16,566	2,138,417
Restricted	funds	42,561	76,122	(56,076)	(44,972)		17,635
		2,364,820	774,446	(999,780)		16,566	2,156,052

Analysis	ofnet assets between funds - current	year
		Unrestricted	Restricted	Total
		funds	funds	funds
		2021	2021	2021
		6	6	6
Tangible fixed assets		1,125,912		1,125,912
Fixed asset investments		458,114		458,114
Investment	property	408,333		408,333
Current assets		528,226	63,864	592,090
Creditors	due within one year	(101,207)		(101,207)
Creditors	due in more than one year	(36,671)		(36,671)
Total		2,382,707	63,864	2,446,571

	Analysis ofnet assets	Analysis ofnet assets	between	between	funds - prior	funds - prior	funds - prior	year	year
										Unrestricted	Restricted	Total
										funds	funds	funds
										2020	2020	2020
										6	8	6
	Tangible fixed assets									1,123,359		1,123,359
	Fixed asset investments									558,450		558,450
	Investment property									408,333		408,333
	Current assets									190,000	17,635	207,635
	Creditors due within	one year								(94,860)		(94,860)
	Creditors due in more than one year									(46,865)		(46,865)
	Total									2,138,417	17,635	2,156,052
24.	Reconciliation ofnet movement				in funds		to	net	cash flow	from operating	activities
											Group	Group
											2021	2020
											5
	Net income/expenditure		for	the	year	(as		per	Statement	of Financial
	Activities)										290,519	(208,768)
	Adjustments for:
	Depreciation charges										18,435	48,994
	Interest received										(411)	(988)
	Gains on investments										(43,052)	(16,566)
	Loss on the sale offixed assets										5,495
	Decrease in stocks										4,820	1,555
	Decrease/(increase)	in debtors									(188,021)	3,359
	Decrease in creditors										(3,847)	(2,924)
	Land gifted by way oflegacy											(60,000)
	Net cash provided	byi(used		in)	operating		activities				83,928	(235,338)

			FOR THE YEAR ENDED 3	1 DECEMBER 2021
Analysis ofcash		and	cash equivalents
					Group	Group
					2021	2020
					5
Cash in hand					3,301	100
Notice deposits	(less than 3 months)				352,028	I53,975
Total cash and	cash		equivalents		355,329	I54,075
Analysis ofchanges			in net debt
				At 1		At 31
				January		December
				2021	Cash flows	2021
				6	E	6
Cash at bank and		in hand		154,075	201,254	355,329
Debt due within	1	year		(3,135)	(6,861)	(9,996)
Debt due after 1 year				(46,865)	10,194	(36,671)
				104,075	204,587	308,662

			Group	Group	Charity	Charity
			2021 5	2020 5	2021 E	2020f
Contracted for but not provided		in these
financial statements
Acquisition oftangible	fixed assets		10,272		10,2?2

			Group	Group	Charity	Charity
			2021	2020	2021	2020
			K	6	8
Not later than		1 year	67,032	463	5,649
Later than	1 year and not later than 5years		135,087		16,337
			202,119	463	21,986

			Group	Group
			2021	2020
			K	6
Not later than		1 year	7,500	5,400
Later than	1 year and not later than 5years		7,025	10,850