REGISTERED COMPANY NUMBER: CE009213 (England and Wales) REGISTERED CHARITY NUMBER: 1170490
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025
for
Pennine Pen Animal Rescue CIO
Clarity Accountants & Tax Advisors 1st Floor 107 Lees Road Oldham Lancashire OL4 1JW
Pennine Pen Animal Rescue CIO
Contents of the Financial Statements for the Year Ended 31 March 2025
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Independent Examiner's Report | 2 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 to 9 |
| Detailed Statement of Financial Activities | 10 to 11 |
Pennine Pen Animal Rescue CIO
Report of the Trustees for the Year Ended 31 March 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
CE009213 (England and Wales)
Registered Charity number
1170490
Registered office
Honeywell Lane Oldham OL8 2JP
Trustees
Laurence Day Dena Dessoky Joanne Loake (nee Hopkinson) Sarah Victoria Mitchell (appointed 02/02/2024)
Bankers
NatWest Bank 10 Yorkshire Street Oldham OL1 1QT Co-Operative Bank Business Direct PO Box 250 Skelmersdale WN8 6WT
Independent Examiner
Joanne M. Elliott FCA BFP FMAAT Clarity Accountants & Tax Advisors 1st Floor 107 Lees Road Oldham Lancashire OL4 1JW
Approved by order of the board of trustees on 30 January 2026 and signed on its behalf by:
Laurence Day - Trustee
Page 1
Independent Examiner's Report to the Trustees of Pennine Pen Animal Rescue CIO
Independent examiner's report to the trustees of Pennine Pen Animal Rescue CIO ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Joanne M. Elliott FCA BFP FMAAT
The Institute of Chartered Accountants in England and Wales
Clarity Accountants & Tax Advisors 1st Floor 107 Lees Road Oldham Lancashire OL4 1JW
Date: 30 January 2026
Page 2
Pennine Pen Animal Rescue CIO
Statement of Financial Activities for the Year Ended 31 March 2025
| 2025 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 84,327 Charitable activities Charitable Activities 27,671 Other trading activities 2 190,850 Investment income 3 - Other income 34,923 Total 337,771 EXPENDITURE ON Charitable activities Charitable Activities 305,110 Other - Total 305,110 NET INCOME/(EXPENDITURE) 32,661 RECONCILIATION OF FUNDS Total funds brought forward 204,585 TOTAL FUNDS CARRIED FORWARD 237,246 |
2024 Total funds £ 38,386 31,216 194,883 9 18,210 282,704 297,166 13,382 310,548 (27,844) 232,429 204,585 |
|---|---|
The notes form part of these financial statements
Page 3
Pennine Pen Animal Rescue CIO
Balance Sheet 31 March 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 7 | 116,564 | 118,862 |
| CURRENT ASSETS | |||
| Debtors | 8 | 5,402 | 3,034 |
| Cash at bank and in hand | 124,972 | 100,626 | |
| 130,374 | 103,660 | ||
| CREDITORS | |||
| Amounts falling due within one year | 9 | (9,692) | (17,937) |
| NET CURRENT ASSETS | 120,682 | 85,723 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 237,246 | 204,585 | |
| NET ASSETS | 237,246 | 204,585 | |
| FUNDS | 10 | ||
| Unrestricted funds | 237,246 | 204,585 | |
| TOTAL FUNDS | 237,246 | 204,585 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 30 January 2026 and were signed on its behalf by:
Laurence Day - Trustee
The notes form part of these financial statements
Page 4
Pennine Pen Animal Rescue CIO
Notes to the Financial Statements for the Year Ended 31 March 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
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 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 has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. OTHER TRADING ACTIVITIES
| Shop Sales Online Sales Merchandise Sold Recycling Rags Fundraising Collection Boxes Memberships |
2025 £ 156,288 14,295 - 4,159 15,387 721 - 190,850 |
2024 £ 164,941 2,036 186 7,646 18,916 1,128 30 194,883 |
|---|---|---|
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continued...
Pennine Pen Animal Rescue CIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
3. INVESTMENT INCOME
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Interest receivable - trading | - | 9 |
| NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | ||
| 2025 | 2024 | |
| £ | £ | |
| Depreciation - owned assets | 2,298 | 3,464 |
4. NET INCOME/(EXPENDITURE)
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 38,386 |
| Charitable activities | |
| Charitable Activities | 31,216 |
| Other trading activities | 194,883 |
| Investment income | 9 |
| Other income | 18,210 |
| Total | 282,704 |
| EXPENDITURE ON | |
| Charitable activities | |
| Charitable Activities | 297,166 |
| Other | 13,382 |
| Total | 310,548 |
| NET INCOME/(EXPENDITURE) | (27,844) |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 232,429 |
| TOTAL FUNDS CARRIED FORWARD | 204,585 |
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continued...
Pennine Pen Animal Rescue CIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
7. TANGIBLE FIXED ASSETS
| Freehold property £ COST At 1 April 2024 and 31 March 2025 115,000 DEPRECIATION At 1 April 2024 - Charge for year - At 31 March 2025 - NET BOOK VALUE At 31 March 2025 115,000 At 31 March 2024 115,000 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR VAT Prepayments and accrued income 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security and other taxes Pension creditor VAT Accruals and deferred income 10. MOVEMENT IN FUNDS Unrestricted funds Charitable activities TOTAL FUNDS |
Fixtures and fittings £ 5,830 2,868 1,398 4,266 1,564 2,962 At 1.4.24 £ 204,585 204,585 |
||
|---|---|---|---|
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continued...
Pennine Pen Animal Rescue CIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
10. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds Charitable activities TOTAL FUNDS |
Incoming resources £ 337,771 337,771 |
Resources Movement expended in funds £ £ (305,110) 32,661 (305,110) 32,661 |
|---|---|---|
Comparatives for movement in funds
| Unrestricted funds Charitable activities TOTAL FUNDS |
At 1.4.23 £ 232,429 232,429 |
Net movement in funds £ (27,844) (27,844) |
At 31.3.24 £ 204,585 204,585 |
|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds Charitable activities TOTAL FUNDS |
Incoming resources £ 282,704 282,704 |
Resources Movement expended in funds £ £ (310,548) (27,844) (310,548) (27,844) |
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds Charitable activities TOTAL FUNDS |
At 1.4.23 £ 232,429 232,429 |
Net movement in funds £ 4,817 4,817 |
At 31.3.25 £ 237,246 237,246 |
|---|---|---|---|
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continued...
Pennine Pen Animal Rescue CIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds Charitable activities TOTAL FUNDS |
Incoming resources £ 620,475 620,475 |
Resources Movement expended in funds £ £ (615,658) 4,817 (615,658) 4,817 |
|---|---|---|
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 9
Pennine Pen Animal Rescue CIO
Detailed Statement of Financial Activities for the Year Ended 31 March 2025
| INCOME AND ENDOWMENTS Donations and legacies Gifts Donations Legacies Other trading activities Shop Sales Online Sales Merchandise Sold Recycling Rags Fundraising Collection Boxes Memberships Investment income Interest receivable - trading Charitable activities Rehoming Fees Cattery Sponsor Other income Refunds Output VAT Sundry Income Total incoming resources EXPENDITURE Charitable activities Salary Costs Social security Pensions Rent, Rates & Utilities Insurance Veterinary Fees Maintenance & Repairs & Advertising Sundries Carried forward |
2025 £ (2) 26,805 57,524 84,327 156,288 14,295 - 4,159 15,387 721 - 190,850 - 27,671 - 27,671 266 - 34,657 34,923 337,771 164,169 5,819 2,456 44,682 5,828 50,201 8,795 3,286 8,228 293,464 |
2024 £ - 38,386 - |
|---|---|---|
| 38,386 164,941 2,036 186 7,646 18,916 1,128 30 |
||
| 194,883 9 31,206 10 |
||
| 31,216 204 5,920 12,086 |
||
| 18,210 | ||
| 282,704 173,696 - - 42,433 6,544 44,404 5,969 3,198 6,557 282,801 |
This page does not form part of the statutory financial statements
Page 10
Pennine Pen Animal Rescue CIO
Detailed Statement of Financial Activities for the Year Ended 31 March 2025
| Charitable activities Brought forward Vehicle Costs Mortgage Costs Depreciation of tangible fixed assets Other Input VAT Support costs Finance Bank charges Governance costs Accountancy and Payroll Costs Total resources expended Net income/(expenditure) |
2025 £ 293,464 1,566 - 2,298 297,328 - 4,142 3,640 305,110 32,661 |
2024 £ 282,801 3,234 1,001 3,464 290,500 13,382 4,549 2,117 310,548 (27,844) |
|---|---|---|
This page does not form part of the statutory financial statements
Page 11