**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: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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... Page 9 **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... Page 11 **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... Page 12 **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... Page 13 **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... Page 14 **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 Page 16 **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 Page 17