Charity registration number 1173384
NATIONAL MILITARY WORKING DOG MEMORIAL UK ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
NATIONAL MILITARY WORKING DOG MEMORIAL UK
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr J M Ward Mr M J Barrow Mr I A Henderson Mr S W Roberts
Charity number 1173384 Accountants Azets First Floor Unit 55 Ffordd William Morgan St Asaph Business Park St Asaph United Kingdom LL17 0JG
NATIONAL MILITARY WORKING DOG MEMORIAL UK
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 |
| Accountants' report | 2 |
| Statement of financial activities | 3 |
| Balance sheet | 4 |
| Notes to the financial statements | 5 - 7 |
NATIONAL MILITARY WORKING DOG MEMORIAL UK
TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2023
The trustees present their annual report and financial statements for the year ended 31 March 2023.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's [governing document], the Charities Act 2011 and "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).
Objectives and activities
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.
Achievements and performance
The National Military Working Dog Memorial UK had a very successful year to 31 March 2023 - funds raised totaled £20,548.
This was achieved by the generous help from all out Volunteers who raised awareness and promoted the charity's values and goals all over the UK.
The majority of the funds raised came from direct donations to the website, social media fundraisers and counter
top collection boxes in shops.
The forthcoming year looks to be very promising and the charity intends to maintain its current pace to get closer to the end objective.
Structure, governance and management
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Registered Charity number
1173384
Principal address
First Floor Unit 55 Ffordd William Morgan St Asaph Business Park St Asaph LL17 0JG
Trustees
Mr J M Ward Mr M J Barrow Mr I A Henderson Mr S W Roberts
The trustees' report was approved by the Board of Trustees.
Mr J M Ward
Trustee Dated: 27 February 2024
- 1 -
NATIONAL MILITARY WORKING DOG MEMORIAL UK
ACCOUNTANTS' REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF NATIONAL MILITARY WORKING DOG MEMORIAL UK FOR THE YEAR ENDED 31 MARCH 2023
In order to assist you to fulfil your duties under the Charities Act 2011, we have prepared for your approval the financial statements of National Military Working Dog Memorial UK for the year ended 31 March 2023, which comprise the statement of financial activities and the related notes from the charity’s accounting records and from information and explanations you have given us.
This report is made to the charity's trustees, as a body, in accordance with the terms of our engagement letter dated 2 February 2021. Our work has been undertaken solely to prepare for your approval the financial statements of National Military Working Dog Memorial UK and state those matters that we have agreed to state to the charity's trustees, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than National Military Working Dog Memorial UK and the charity's trustees as a body, for our work or for this report.
It is your duty to ensure that National Military Working Dog Memorial UK has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and surplus of National Military Working Dog Memorial UK. You consider that National Military Working Dog Memorial UK is exempt from the statutory audit requirement for the year, and is not required to obtain an independent examiner's report.
We have not been instructed to carry out an audit or a review of the financial statements of National Military Working Dog Memorial UK. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Azets
27 February 2024
First Floor Unit 55 Ffordd William Morgan St Asaph Business Park St Asaph LL17 0JG United Kingdom
- 2 -
NATIONAL MILITARY WORKING DOG MEMORIAL UK
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
| **Unrestricted ** | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2023 | 2022 | ||
| Notes | £ | £ | |
| Income from: | |||
| Donations and legacies | 2 | 20,548 | 22,547 |
| Expenditure on: | |||
| Charitable activities | 3 | 637 | 1,319 |
| Net income for the year/ | |||
| Net movement in funds | 19,911 | 21,228 | |
| Fund balances at 1 April 2022 | 87,540 | 66,312 | |
| Fund balances at 31 March 2023 | 107,451 | 87,540 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
- 3 -
NATIONAL MILITARY WORKING DOG MEMORIAL UK
BALANCE SHEET
AS AT 31 MARCH 2023
| Notes Fixed assets Tangible assets 6 Current assets Debtors 7 Cash at bank and in hand Net current assets Total assets less current liabilities Income funds Unrestricted funds |
2023 £ - 72,244 72,244 |
£ 35,207 72,244 107,451 107,451 107,451 |
2022 £ 12,000 75,540 87,540 |
£ - 87,540 |
|---|---|---|---|---|
| 87,540 | ||||
| 87,540 | ||||
| 87,540 |
The financial statements were approved by the Trustees on 27 February 2024
Mr J M Ward Trustee
Mr S W Roberts Trustee
- 4 -
NATIONAL MILITARY WORKING DOG MEMORIAL UK
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
1 Accounting policies
1.1 Accounting convention
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 January 2015)', 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.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.
1.4 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.
1.5 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 which 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.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Freehold land and buildings
Nil
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
- 5 -
NATIONAL MILITARY WORKING DOG MEMORIAL UK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
1 Accounting policies
(Continued)
1.7 Impairment of fixed assets
At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 Taxation
The charity is exempt from tax on its charitable activites.
2 Donations and legacies
| **Unrestricted ** | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2023 | 2022 | |
| £ | £ | |
| Donations and gifts | 20,548 | 22,547 |
3 Charitable activities
| Professional fees Advertising and marketing Website costs Sundry |
2023 £ 263 365 - 9 637 637 |
2022 £ 241 987 91 - |
|---|---|---|
| 1,319 | ||
| 1,319 |
4 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.
5 Employees
The average monthly number of employees during the year was:
| 2023 | 2022 | |
|---|---|---|
| Number | Number | |
| Total | - | - |
- 6 -
NATIONAL MILITARY WORKING DOG MEMORIAL UK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
| 5 | Employees | (Continued) | |
|---|---|---|---|
| There were no employees whose annual remuneration was more than £60,000. | |||
| 6 | Tangible fixed assets | ||
| Freehold land | and buildings | ||
| £ | |||
| Cost | |||
| Additions | 35,207 | ||
| At 31 March 2023 | 35,207 | ||
| Carrying amount | |||
| At 31 March 2023 | 35,207 | ||
| 7 | Debtors | ||
| 2023 | 2022 | ||
| Amounts falling due within one year: | £ | £ | |
| Prepayments and accrued income | - | 12,000 |
- 7 -