## **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 - 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| |---|---|---|---| Page 14