REGISTERED CHARITY NUMBER: 1173244
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
FOR
MABLETHORPE WILDLIFE RESCUE
Dexter & Sharpe (Louth) Chartered Certified Accountants 1 Eastgate Louth Lincolnshire LN11 9NB
MABLETHORPE WILDLIFE RESCUE
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Cash Flow Statement | 7 |
| Notes to the Cash Flow Statement | 8 |
| Notes to the Financial Statements | 9 to 15 |
| Detailed Statement of Financial Activities | 16 to 17 |
MABLETHORPE WILDLIFE RESCUE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
The trustees present their report with the financial statements of the charity for the year ended 31 August 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).
Mablethorpe Wildlife Rescue is a Charitable Incorporated Organisation (CIO) registered on 1 June 2017. The organisation is governed by a constitution.
We are Mablethorpe's leading charity wildlife rescue rehabilitation centre for the rescue and release of wildlife.
OBJECTIVES AND ACTIVITIES
The charity's objectives as stated in its governing documents are as follows:
For the benefit of the public, to relieve the suffering of seals and seal pups in need of care and attention. In particular, to provide care and treatment to all local wildlife until such time as they can be safely released into the wild. To raise awareness and educate the public as to the seals' natural environment and welfare needs.
In shaping our objectives for the period and planning our activities, the trustees have considered the charity Commission's guidance on public benefit, including the guidance Public benefit: running a charity (PB2).
ACHIEVEMENTS AND PERFORMANCE
After the successful set up of the charity and the shop we have gained a huge support from the public and continue to aid in the care of wildlife.
From February 2024 the charity has leased the zoo and car park from Mablethorpe Seal Sanctuary Limited and has obtained additional funding through the zoo entry fees, car park takings and gift aid receipts.
From February 2025 the charity also leased the zoo gift shop and has obtained additional funding through the sales made here.
Over the year, the money raised through the zoo entry fees, car park takings, gift aid receipts, shop takings and donations have paid for various things listed below:
Vets bills Food Bills Rent of the zoo, gift shop and charity Shop (high street) Utilities for zoo, and both shops Wages
FINANCIAL REVIEW
Financial position
Gate takings for the zoo for the year were £405,268 (last year from 1 February 2024 they were £334,545), and car park takings for this year were £16,022 ( last year from 1 February 2024 they were £13,666).
Charity shop takings for the year decreased slightly from £105,992 in 2024 to £98,152 this current year.
Gift shop takings from 1 February 2025 were £79,848.
We continued to have support from the public during this year and our donations received were £56,170 (2024 £124,154).
In addition we have also received £43,530 of gift aid receipts (last year £42,852).
Resources expended in the year were £702,368 compared to £437,727 expended in the prior year as the Charity ran the Zoo for a full year.
Overall we have net expenses over income of £2,027 (2024 net income over expenses for the year of £184,173).
Page 1
MABLETHORPE WILDLIFE RESCUE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
FINANCIAL REVIEW
Reserves policy
The trustees aim to maintain the reserves at a minimum of three months worth of future charitable expenditure. As at 31 August 2025, the balance held as unrestricted funds was £299,745. Actual three month cash payments total approximately £175,592, which show the current level of reserves is enough to cover three months worth of charitable expenditure.
The zoo gate takings and charity and gift shops, along with donations made by the public, are the main contribution to the survival and ongoing care we provide for the wildlife that comes into the centre.
FUTURE PLANS
Our search for further funding for the services we provide continues.
The Charity still continues to receive beneficiary donations, which will help with the future plans for the charity's Zoo going forward.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1173244
Principal address
Quebec Road North End Mablethorpe Lincolnshire LN12 1QG
Trustees
D Drew Mrs C Drew M Woodcock B Hutchinson Mrs C Martin M Chambers
Independent Examiner
Dexter & Sharpe (Louth) Chartered Certified Accountants 1 Eastgate Louth Lincolnshire LN11 9NB
Bankers
Barclays Bank PLC 65 Lumley Road Skegness Lincolnshire PE25 3LU
Page 2
MABLETHORPE WILDLIFE RESCUE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
Approved by order of the board of trustees on 5 June 2026 and signed on its behalf by:
D Drew - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MABLETHORPE WILDLIFE RESCUE
Independent examiner's report to the trustees of Mablethorpe Wildlife Rescue
I report to the charity trustees on my examination of the accounts of Mablethorpe Wildlife Rescue (the Trust) for the year ended 31 August 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the 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 Association of Accounting Technicians, which is one of the listed bodies.
I have completed my examination. I 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:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do 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 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.
Mr D Johnson MAAT
Dexter & Sharpe (Louth) Chartered Certified Accountants 1 Eastgate Louth Lincolnshire LN11 9NB
5 June 2026
Page 4
MABLETHORPE WILDLIFE RESCUE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025
| 2025 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 56,171 Other trading activities 3 599,290 Investment income 4 1,350 Other income 43,530 Total 700,341 EXPENDITURE ON Raising funds 5 62,946 Charitable activities 6 Rescue 639,422 Total 702,368 NET INCOME/(EXPENDITURE) (2,027) RECONCILIATION OF FUNDS Total funds brought forward 301,772 TOTAL FUNDS CARRIED FORWARD 299,745 |
2024 Total funds £ 124,155 454,203 490 43,052 |
|---|---|
| 621,900 | |
| 62,636 375,091 |
|
| 437,727 | |
| 184,173 117,599 |
|
| 301,772 |
The notes form part of these financial statements
Page 5
MABLETHORPE WILDLIFE RESCUE
BALANCE SHEET 31 AUGUST 2025
| 2025 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 11 83,317 CURRENT ASSETS Stocks 12 25,000 Debtors 13 34,270 Cash at bank and in hand 270,668 329,938 CREDITORS Amounts falling due within one year 14 (113,510) NET CURRENT ASSETS 216,428 TOTAL ASSETS LESS CURRENT LIABILITIES 299,745 NET ASSETS 299,745 FUNDS 15 Unrestricted funds 299,745 TOTAL FUNDS 299,745 |
2024 Total funds £ 89,928 - 115,163 230,573 345,736 (133,892) 211,844 301,772 301,772 301,772 301,772 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 5 June 2026 and were signed on its behalf by:
D Drew - Trustee
C Drew - Trustee
The notes form part of these financial statements
Page 6
MABLETHORPE WILDLIFE RESCUE
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2025
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash provided by operating activities Cash flows from investing activities Purchase of tangible fixed assets Interest received Net cash provided by/(used in) investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
2025 £ 38,745 38,745 - 1,350 1,350 40,095 230,573 270,668 |
2024 £ 189,358 189,358 (6,929) 490 (6,439) 182,919 47,654 230,573 |
|---|---|---|
The notes form part of these financial statements
Page 7
MABLETHORPE WILDLIFE RESCUE
NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2025
1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
| Net (expenditure)/income for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Interest received Increase in stocks Decrease/(increase) in debtors (Decrease)/increase in creditors Net cash provided by operations |
2025 £ (2,027) 6,612 (1,350) (25,000) 80,893 (20,383) 38,745 |
2024 £ 184,173 7,531 (490) - (111,674) 109,818 189,358 |
|---|---|---|
2. ANALYSIS OF CHANGES IN NET FUNDS
| At 1.9.24 | Cash flow | At 31.8.25 | |
|---|---|---|---|
| £ | £ | £ | |
| Net cash | |||
| Cash at bank and in hand | 230,573 | 40,095 | 270,668 |
| 230,573 | 40,095 | 270,668 | |
| Total | 230,573 | 40,095 | 270,668 |
The notes form part of these financial statements
Page 8
MABLETHORPE WILDLIFE RESCUE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, 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 Charities Act 2011. 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.
Plant and machinery - 25% on reducing balance and 15% on reducing balance
Motor vehicles - 25% on reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from 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.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
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MABLETHORPE WILDLIFE RESCUE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
2. DONATIONS AND LEGACIES
| 2. DONATIONS AND LEGACIES |
||
|---|---|---|
| Gifts Donations 3. OTHER TRADING ACTIVITIES Charity shop income Gate takings Car park takings Gift shop takings 4. INVESTMENT INCOME Bank interest received 5. RAISING FUNDS Other trading activities Staff costs Other operating leases Rates & water Light & heat Post & stationery Telephone Insurance Charity shop purchases Repairs and renewals |
2025 £ 1 56,170 56,171 2025 £ 98,152 405,268 16,022 79,848 599,290 2025 £ 1,350 2025 £ 26,739 19,200 1,349 1,759 224 1,315 600 1,200 10,560 62,946 |
2024 £ 4 124,151 124,155 2024 £ 105,992 334,545 13,666 - 454,203 2024 £ 490 2024 £ 24,150 19,200 250 3,053 258 848 585 1,310 12,982 62,636 |
continued...
Page 10
MABLETHORPE WILDLIFE RESCUE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
6. CHARITABLE ACTIVITIES COSTS
| 6. CHARITABLE ACTIVITIES COSTS |
||||
|---|---|---|---|---|
| Rescue 7. SUPPORT COSTS Finance £ Rescue 6,305 8. TRUSTEES' REMUNERATION AND BENEFITS Trustees' salaries |
Support Direct costs (see Costs note 7) £ £ 603,915 35,507 Governance Other costs £ £ 18,819 10,383 2025 £ 110,344 |
Totals £ 639,422 |
||
| Totals £ 35,507 |
||||
| 2024 £ 46,043 |
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.
9. STAFF COSTS
| Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Trustees Employees |
2025 £ 353,232 17,019 4,104 374,355 2025 2 16 18 |
2024 £ 212,018 7,305 2,814 |
||
|---|---|---|---|---|
| 222,137 | ||||
| 2024 2 15 17 |
No employees received emoluments in excess of £60,000.
continued...
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MABLETHORPE WILDLIFE RESCUE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 124,155 |
| Other trading activities | 454,203 |
| Investment income | 490 |
| Other income | 43,052 |
| Total | 621,900 |
| EXPENDITURE ON | |
| Raising funds | 62,636 |
| Charitable activities | |
| Rescue | 375,091 |
| Total | 437,727 |
| NET INCOME | 184,173 |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 117,599 |
| TOTAL FUNDS CARRIED FORWARD | 301,772 |
11.
TANGIBLE FIXED ASSETS
| Freehold Plant and Motor property machinery vehicles £ £ £ COST At 1 September 2024 and 31 August 2025 56,314 40,768 26,945 DEPRECIATION At 1 September 2024 - 20,692 13,407 Charge for year - 3,227 3,384 At 31 August 2025 - 23,919 16,791 NET BOOK VALUE At 31 August 2025 56,314 16,849 10,154 At 31 August 2024 56,314 20,076 13,538 |
Totals £ 124,027 34,099 6,611 40,710 83,317 89,928 |
|---|---|
continued...
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MABLETHORPE WILDLIFE RESCUE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
| 12. STOCKS Stocks 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Other debtors Prepayments 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Taxation and social security Other creditors 15. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS |
2025 2024 £ £ 25,000 - 2025 2024 £ £ - 25,029 9,865 59,120 24,405 31,014 34,270 115,163 2025 2024 £ £ 34,093 38,344 30,799 26,873 48,618 68,675 113,510 133,892 Net movement At At 1.9.24 in funds 31.8.25 £ £ £ 301,772 (2,027) 299,745 301,772 (2,027) 299,745 Incoming Resources Movement resources expended in funds £ £ £ 700,341 (702,368) (2,027) 700,341 (702,368) **(2,027) ** |
|---|---|
continued...
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MABLETHORPE WILDLIFE RESCUE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
15. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.9.23 | in funds | 31.8.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 117,599 | 184,173 | 301,772 |
| TOTAL FUNDS | 117,599 | 184,173 | 301,772 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 621,900 | (437,727) | 184,173 |
| TOTAL FUNDS | 621,900 | (437,727) | 184,173 |
| A current year 12 months and prior year 12 months combined position is as | follows: | ||
| Net | |||
| movement | At | ||
| At 1.9.23 | in funds | 31.8.25 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 117,599 | 182,146 | 299,745 |
| TOTAL FUNDS | 117,599 | 182,146 | 299,745 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 1,322,241 | (1,140,095) | 182,146 |
| TOTAL FUNDS | 1,322,241 | (1,140,095) | 182,146 |
continued...
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MABLETHORPE WILDLIFE RESCUE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
16. RELATED PARTY DISCLOSURES
Included in other creditors is a balance of £10,631 (2024 £27,835) owed to Mablethorpe Seal Sanctuary Limited, of which Mr D Drew and Mrs C Drew are directors. No interest is being charged on this balance.
The charity shop being used by the charity is owned by Mr D Drew, one of the trustees. During the year the charity paid £19,200 (2024 £19,200) in rent to Mr D Drew.
The zoo, gift shop and car park being used by the charity are being leased from Mablethorpe Seal Sanctuary Limited. During this year the lease charges were £20,000 (2024 £11,667).
Included in trade debtors is £nil (2024 £25,029) and in other debtors is £nil (2024 £25,624) relating to Mablethorpe Seal Sanctuary Limited in reject of purchases which have been recharged.
Page 15
MABLETHORPE WILDLIFE RESCUE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025
| INCOME AND ENDOWMENTS Donations and legacies Gifts Donations Other trading activities Charity shop income Gate takings Car park takings Gift shop takings Investment income Bank interest received Other income Other income Gift aid Total incoming resources EXPENDITURE Other trading activities Wages Other operating leases Rates & water Light & heat Post & stationery Telephone Insurance Charity shop purchases Repairs and renewals Charitable activities Trustees' salaries Wages Social security Carried forward |
2025 £ 1 56,170 56,171 98,152 405,268 16,022 79,848 599,290 1,350 - 43,530 43,530 700,341 26,739 19,200 1,349 1,759 224 1,315 600 1,200 10,560 62,946 110,344 216,149 17,019 343,512 |
2024 £ 4 124,151 124,155 105,992 334,545 13,666 - 454,203 490 200 42,852 43,052 621,900 24,150 19,200 250 3,053 258 848 585 1,310 12,982 62,636 46,043 141,825 7,305 195,173 |
|---|---|---|
This page does not form part of the statutory financial statements
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MABLETHORPE WILDLIFE RESCUE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025
| Charitable activities Brought forward Pensions Other operating leases Rates and water Insurance Light and heat Animal feed & vet fees Shop purchases Repairs and renewals Support costs Finance Bank charges Other Sundries Motor and travel expenses Advertising Software licences Plant and machinery Motor vehicles Governance costs Accountancy Legal fees Total resources expended Net (expenditure)/income |
2025 £ 343,512 4,104 20,000 8,957 17,115 41,410 96,342 16,075 56,400 603,915 6,305 3,459 4,994 38 3,716 3,227 3,385 18,819 8,663 1,720 10,383 702,368 **(2,027) ** |
2024 £ 195,173 2,814 11,667 8,467 7,290 16,390 69,587 - 31,687 343,075 5,345 4,439 4,447 84 1,283 3,018 4,513 17,784 8,887 - 8,887 437,727 184,173 |
|---|---|---|
This page does not form part of the statutory financial statements
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