South West GSD Rescue
Charity No. 1171842
Trustees' Report and Unaudited Accounts
31 August 2022
South West GSD Rescue Contents
| Pages | |
|---|---|
| Trustees' Annual Report | 2 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Accounts | 7 to 11 |
| Statement of Cash Flows | 12 |
| Detailed Statement of Financial Activities | 13 to 14 |
Page 1
South West GSD Rescue Trustees' Annual Report
The Trustees present their report with the unaudited financial statements of the charity for the year ended 31 August 2022
REFERENCE AND ADMINISTRATIVE DETAILS
Charity no. 1171842
Principal office
Paddon Park Shebbear Beaworthy Devon EX21 5RD
Trustees
The following Trustees served during the year: N. Burgess M.S. Essex P. Evans
Accountants
Swift Accounting and Bookkeeping Services Ltd Ground Floor The Custom House The Strand Barnstaple Devon EX31 1EU
Bankers Lloyds bank Plc 5 High Street Bideford Devon EX39 2AD
OBJECTIVES AND ACTIVITIES
The purpose of the charity as set out in its governing document is to relieve the suffering and distress of unwanted, stray or ill dogs primarily, but not exclusively, German Shepherds.
South West GSD Rescue is a non-profit organisation based in the South West of England. Our aim is to rescue, rehabilitate and re-home German Shepherds and related cross-breeds across the UK. As Trustees of the charity we have given due consideration to the Charity Commission’s published guidance on the Public Benefit requirement under the Charities Act 2011. The charity rescues stray dogs abroad, where they receive care and medical treatment so that they are healthy enough to be taken back to the UK and rehomed. The charity also rehomes dogs surrendered by their owners in the UK.
People who meet the charity's criteria are invited to apply to adopt a dog. When a suitable dog becomes available, it will be introduced to its new family.
If all goes well the family completes our adoption agreement stating the legal conditions of adopting a dog from South West GSD Rescue. Our adoption/ donation fees vary according to the dog's age, pedigree and health; and are used to provide transport, basic care, feeding and veterinary treatment for the many dogs who need our help
Page 2
South West GSD Rescue Trustees' Annual Report
ACHIEVEMENTS AND PERFORMANCE
The charity has successfully rehomed a large number of German Shepherds and related cross-breeds. This benefits the dogs, who find a loving home, and also the adoptive families who gain a new loving family member.
The dogs rescued by the charity are often in a poor condition due to cruelty and neglect. The charity incurs substantial costs on vets, medicines and kennels when it restores these animals to health so they can be transported to the UK and successfully rehomed.
The charity also supports a number of dogs who are in foster homes. The charity is pleased to have helped keep them in safety.
During the course of the year under review, the charity successfully rehomed over 83 dogs in the UK, a decrease on the previous year.
FINANCIAL REVIEW
At the financial year-end, the charity's financial position was considered to be satisfactory.
The charity is grateful to its supporters who kept up a regular flow of donations despite the ongoing financial effects of the pandemic. Without their support, we would not have been able to rescue so many dogs and return them to health.
The charity has no fixed costs, but the variable costs relating to the number of dogs that are being held for adoption or ongoing medical treatment can vary dramatically. The charity would like to hold enough in reserves to fund three months of expenditure on animal welfare, vets and kennels. The Trustees estimate the required amount to be around £5,000.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity is constituted under a constitution adopted on 21 February 2017.
Trustees are either elected by the members at the Annual General Meeting or are co-opted between AGM s. All new Trustees are provided with a copy of the Charity commission publication CC3, "The Essential Trustee", which outlines what is expected of a charity Trustee and their responsibilities to the charity.
Statement of trustees' responsibilities in relation to the financial statements
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking That the trustees are responsible for the maintenance and integrity of information included on the company's website.
Signed on behalf of the charity's trustees
P. Evans Trustee 9th March 2023
Page 3
South West GSD Rescue Independent Examiner's Report
Independent Examiner's Report to the trustees of South West GSD Rescue
I report to the trustees on my examination of the accounts of South West GSD Rescue for the year ended 31 August 2022 which comprise the Statement if Financial Activities, Balance Sheet and related notes.
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'). The trustees consider that an audit is not required for this year under the Act, S.144(2) (the 2011 Act) and that an independent examination is needed.
I report in respect of my examination of the charity'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 can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in, any material respect:
-
the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
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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
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.
Kieran Stocker ACA BFP FMAAT ICAEW Chartered Accountant Swift Accounting & Bookkeeping Services Ltd Ground Floor The Custom House The Strand Barnstaple Devon EX31 1EU
30th June 2023
Page 4
South West GSD Rescue Statement of Financial Activities For the year ended 31 August 2022
| Notes Income and Endowments from: Donations and legacies 2 Other trading activities 3 Other trading activities 4 Total Expenditure on: Raising funds 5 Charitable activities 6 Other 7 Total Net (expenditure)/income Transfer between funds Net (expenditure)/income 8 before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted Funds 2022 £ 70,903 467 3,444 74,814 830 60,240 5,103 66,173 8,641 - 8,641 - 8,641 2,042 10,683 |
Total Funds 2022 £ 70,903 467 3,444 74,814 830 60,240 5,103 66,173 8,641 - 8,641 - 8,641 2,042 10,683 |
Total Funds 2021 £ 67,868 373 1,594 69,835 850 86,204 4,063 91,117 (21,282) - (21,282) - (21,282) 23,324 2,042 |
|---|---|---|---|
Page 5
South West GSD Rescue Balance Sheet For the year ended 31 August 2022
Charity No. 1171842
| Notes Current assets Cash at bank and in hand Creditors: Amount falling due within one year 10 Net current assets Total assets less current liabilities Total net assets The funds of the charity Unrestricted funds 13 General funds Reserves Total funds |
2022 £ 11,043 11,043 (360) 10,683 10,683 10,683 10,683 - 10,683 |
2021 £ 2,792 2,792 (750) 2,042 2,042 2,042 2,042 - 2,042 |
|---|---|---|
Approved by the trustees on 30th June 2023
and signed on their behalf by:
P. Evans Trustee 30th June 2023
Page 6
South West GSD Rescue Notes to the Accounts For the year ended 31 August 2022
1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
The charity only operates with unrestricted funds.
Income
Recognition of income
Income is included in the Statement if Financial Activities (SoFA) when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related expenditure
Where income has related expenditure the income and related expenditure is reported gross in the SoFA.
Donations and legacies
Voluntary income received by way of grants, donations and gifts is included in the SoFA when receivable and only when the charity has unconditional entitlement to the income.
Tax reclaims on donations and gifts
Income from tax reclaims is included in the SoFA at the same time as the gift/donation to which it relates
Donated services and facilities
These are only included in income (with and equivalent in expenditure) where the benefit to the charity is reasonably quantifiable, measurable and material.
Volunteer help
The value of any volunteer help received is not included in the accounts.
Expenditure
Recognition of expenditure
Expenditure is recognised on an accruals basis. Expenditure includes and VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Page 7
South West GSD Rescue Notes to the Accounts For the year ended 31 August 2022
Expenditure on raising funds
These comprise the costs associated with attracting voluntary income, fundraising trading costs and investment management costs.
Expenditure on charitable activities
These comprise of the costs incurred by the charity in the delivery of its activities and services in the furtherance of its objects, including the making of grants and governance costs.
Other expenditure
These are support costs not allocated to a particular activity
Taxation
The charity is exempt from tax on its charitable activities.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the statement of cash flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the charity's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
foreign currencies
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are taken into account in arriving at net income/expenditure.
Page 8
South West GSD Rescue Notes to the Accounts For the year ended 31 August 2022
2 Income from donations and legacies
| Unrestricted £ Donations 45,062 Adoption fees 25,841 70,903 3 Income from other trading activities Unrestricted £ Sale of raffle tickets and 467 auction items 467 4 Other income Unrestricted £ Other income 3,444 3,444 5 Expenditure on raising funds Unrestricted £ Costs of generating voluntary income Donations 444 fundraising trading costs Sale of raffle tickets and auction items 386 830 |
Total 2022 £ 45,062 25,841 70,903 Total 2022 £ 467 467 Total 2022 £ 3,444 3,444 Total 2022 £ 444 386 830 |
Total 2021 £ 35,747 32,121 67,868 Total 2021 £ 373 373 Total 2021 £ 1,594 1,594 Total 2021 £ 418 432 850 |
|---|---|---|
Page 9
South West GSD Rescue Notes to the Accounts For the year ended 31 August 2022
| 6 | Expenditure on charitable activities | |||
|---|---|---|---|---|
| Unrestricted | Total | Total | ||
| 2022 | 2021 | |||
| £ | £ | £ | ||
| General costs for dogs | 692 | 692 | 7,420 | |
| Pension, kennels and fostering | 24,448 | 24,448 | 35,101 | |
| Transport of dogs to the UK | 20,943 | 20,943 | 25,573 | |
| Vets, medicines and micro-chip | 14,157 | 14,157 | 18,110 | |
| registrations | ||||
| 60,240 | 60,240 | 86,204 | ||
| 7 | Other expenditure | |||
| Motor and travel costs | Unrestricted £ 3,511 |
Total 2022 £ 3,511 |
Total 2021 £ 1,846 |
|
| General administrative costs | 1,232 | 1,232 | 1,467 | |
| Legal and professional costs | 360 | 360 | 750 | |
| 5,103 | 5,103 | 4,063 | ||
| 8 | Net (expenditure)/income before transfers | |||
| This is stated after charging: | 2022 £ |
2021 £ |
||
| Independent examiner's fee | 360 | 750 | ||
| 9 | Trustee remuneration and expenses | |||
| One or more of the trustees has been paid expenses in the current or prior periods. | ||||
| Number of trustees paid expenses | 2022 1 |
2021 1 |
||
| The trustees incur out-of-pocket expenses for items like travel, postage and stationery, which | ||||
| are reimbursed by the charity. | ||||
| Total expenses reimbursed to the trustees | £ 370 |
£ 150 |
||
| 10 | Creditors: | |||
| Amounts falling due within one year | 2022 | 2021 | ||
| Accruals and deferred income | £ 360 |
£ 750 |
||
| 360 | 750 |
Page 10
South West GSD Rescue Notes to the Accounts For the year ended 31 August 2022
| 11 Movement in funds Unrestricted funds: General funds Total funds |
at 1 September 2021 £ 2,042 2,042 |
Incoming resources £ 74,814 74,814 |
Resources expended £ (66,173) (66,173) |
At 31 August 2021 £ 10,683 10,683 |
|---|---|---|---|---|
Page 11
South West GSD Rescue Statement of Cash Flows For the year ended 31 August 2022
| Cash flows from operating activities Net (expenditure)/income per Statement of Financial Activities Adjustments for: Dividends, interest and rents from investments Decrease in trade and other payables Net cash (used in)/provided by operating activities Cash flows from investing activities Dividends, interest and rents from investments Net cash from investing activities Net cash from financing activities Net (decrease)/increase in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Components of cash and cash equivalents Cash and bank balances |
2022 £ 8,641 - (390) 8,251 - - - 8,251 2,792 11,043 11,043 11,043 |
2021 £ (21,282) (1,594) (22,876) 1,594 1,594 - (21,282) 24,074 2,792 2,792 2,792 |
|---|---|---|
Page 12
South West GSD Rescue Detailed Statement of Financial Activities For the year ended 31 August 2022
| Income and Endowments from: Donations and legacies Adoption Fees Other trading activities Sale of raffle tickets and auction items Other Other income Total income and endowments Expenditure on: Costs of generating donations and legacies Donations Costs of other trading activities Sale of raffle tickets and auction items Total of expenditure on rasing funds General costs for dogs Pension, kennels and fostering Transport of dogs to the UK Vets, medicines and micro-chip registrations Total expenditure on charitable activities Page 13 |
Unrestricted Funds 2022 £ 45,062 25,841 70,903 467 467 3,444 3,444 74,814 444 444 386 386 830 692 24,448 20,943 14,157 60,240 60,240 |
Total Funds 2022 £ 45,062 25,841 70,903 467 467 3,444 3,444 74,814 444 444 386 386 830 692 24,448 20,943 14,157 60,240 60,240 |
Total Funds 2021 £ 35,747 32,121 67,868 373 373 1,594 1,594 69,835 418 418 432 432 850 7,420 35,101 25,573 18,110 86,204 86,204 |
|---|---|---|---|
South West GSD Rescue Detailed Statement of Financial Activities For the year ended 31 August 2022
| Motor and travel costs vehicles - General costs General administrative costs, including depreciation and amortisation Bank charges general insurances Information and publications Postage, stationery and printing Legal and professional costs Independent examination fee Total expenditure of other costs Total expenditure Net (expenditure)/income Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
3,511 3,511 57 978 - 197 1,232 360 360 5,103 66,173 8,641 8,641 2,042 10,683 |
3,511 3,511 57 978 - 197 1,232 360 360 5,103 66,173 8,641 8,641 2,042 10,683 |
1,846 1,846 47 1,071 1 348 1,467 750 750 4,063 91,117 (21,282) (21,282) 23,324 2,042 |
|---|---|---|---|
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