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2022-03-31-accounts

Refuge4pets

A Charitable Incorporated Organisation

Charity No. 1174331

Company No. CE010822

Trustees' Report and Unaudited but Independently Examined Accounts 31 March 2022

Cornwall Community Accountancy Service The Elms, 61 Green Lane Redruth Cornwall TR15 1LS

Refuge4pets CONTENTS

Pages
Trustees' Annual Report 2 to 9
Independent Examiner's Report 10
Statement of Financial Activities 11
Balance Sheet 12
Notes to the Accounts 13 to 23

Page 1

Refuge4pets TRUSTEES ANNUAL REPORT

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. CE010822

Charity No. 1174331

Registered Office

PO Box 160 Liskeard Cornwall PL14 9DR

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

Dina Holder Emily Bowen Glyn Chambers Laura Chesterfield Natalie Wilkerson Rebekah Harrington (Resigned 24 April 2021) Richard Clack (Passed away 14 June 2022) Sarah Daniels-Day

Accountants

Cornwall Community Accountancy Service The Elms, 61 Green Lane Redruth Cornwall TR15 1LS

Bankers

Lloyds Bank The Parade Liskeard Cornwall PL14 6AW

Page 2

Refuge4pets TRUSTEES ANNUAL REPORT

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2022.

OBJECTIVES AND ACTIVITIES

The purpose of the organisation is as follows:

‘to relieve the needs of victims/survivors of domestic violence and abuse in the South West of England by providing a pet fostering service so that individuals and families can access refuge and start to rebuild their lives.'

The Trustee Team have agreed Refuge4Pet’s strategy and current key priorities as:

Purpose

To enable freedom from domestic violence and abuse for people and animals.

Vision

We offer victims/survivors of domestic violence and abuse a pet fostering service to remove a significant barrier which prevents many victims/survivors from leaving. We empower victims/survivors to access the vital safety and support they need before being reunited with their much-loved pets. We believe that animals are an important part of victims/survivors’ coping strategies. We are working to reduce loneliness and isolation by enabling people to recover from trauma with the help of animal companionship and the therapeutic benefits this brings to people.

Our main priorities are:

Priority 1

To reach victims/survivors who need our support to escape domestic violence and abuse

Priority 2

To support victims/survivors of domestic violence and abuse across the communities that we work by bringing people together to form positive support networks

Priority 3

To develop and support volunteers to increase their health and wellbeing and reach their personal goals

Priority 4

To ensure our financial sustainability so that we can continue to deliver and develop our service

Page 3

Refuge4pets TRUSTEES ANNUAL REPORT

Values

Refuge4Pets determination in achieving its objectives are derived from its values of:

Empathy – We understand what people and animals have been through and how they feel;

Equality – We believe that everyone is equal and has the right to live free of violence and abuse;

Empowerment – We empower victim/survivors to regain control of their lives and access vital safety and support;

Effectiveness – We work efficiently and effectively to achieve our vision;

Integrity - We are honest and have strong moral principles.

The trustees kept in mind the Charity Commissions guidance on public benefit when reviewing the Charity’s aims and objectives and overseeing the day to day operations undertaken by the Charity.

ACHIEVEMENTS AND PERFORMANCE

We are a pioneering young CIO that enables freedom from domestic abuse for victim-survivors in Devon and Cornwall by providing a specialist fostering service for their animals and resettlement outreach services to aid mental and physical recovery from abuse. The charity is removing a significant barrier which prevents many victim-survivors from leaving. Practice and academic research provides evidence that at least 66 per cent of victim-survivors will not leave if they cannot take their animals with them.

Dr Mary Wakeham founded the charity in 2017 after her own experience of domestic abuse and role as an independent domestic abuse advocate in Cornwall. She has also conducted academic research on gender-based violence establishing how animals are used as tools of coercive control and the importance of animals for victim-survivors during abuse and in their recovery from trauma. Refuge4Pets is now the national voice on this issue and has provided training to nearly 4,000 professionals.

Our services are in high demand due to the scale of domestic abuse, increase in awareness of our services and being the only provider in Devon and Cornwall. It is estimated that 2.3 million adults aged 16-74 years experienced domestic abuse in the last 12 months and 2 women are murdered each week by the perpetrator (ONS, 2021). Since 2017 the charity has supported 350 families to escape domestic abuse by fostering nearly 500 animals and its outreach programme has supported 85 victim-survivors transitioning from refuge to permanent accommodation with 1-2-1 support, group work and peer support.

Page 4

Refuge4pets TRUSTEES ANNUAL REPORT

One of our key achievements this year was being awarded the National Council for Voluntary Organisations (NCVO) Trusted Charity Standard which included a rigorous external assessment of the organisation. The independent assessor provided the following quote in the outcome report which we are very proud of:

‘Refuge4Pets has an experienced, knowledgeable and supportive Board of Trustees, who along with the CEO, provide strong and constructive leadership to the staff and volunteers. Everyone in the organisation puts its users (both animals and people) at the heart of what they do. The organisation has developed clear and efficient systems and protocols to achieve its objectives and ensures that it has robust monitoring and evaluation systems to demonstrate its impact. It has also developed strong partnership links with other agencies. It was a pleasure to interview such committed and motivated people’.

Over the last four years our Trustee team has grown from a team of three founding Trustees to a team of nine Trustees. Following a capability review of the organisation it was important for our development to recruit additional Trustees particularly with expertise in strategic planning, financial planning and management and human resources. The expertise within the Trustee team now reflects the skills, knowledge and experience Refuge4Pets’ needs to realise our strategy, priorities and operational plan.

The charity has recently received largescale recognition for its work winning a Special Recognition award at the 2022 People’s Pet Awards in London and being shortlisted as one of 17 finalists out of 1,300 National Lottery Projects in the Project of the Year award. We are also a nominee for the 2022 Emma Humphreys Memorial Prize and we are delighted with the news that Dame Jenni Murray will be joining us as our Patron.

Specialist domestic abuse animal fostering service

We provide the only specialist animal fostering service for victim-survivors of domestic abuse across Devon and Cornwall. The research that we have published and the feedback from Refuge4Pets service users highlights that victim-survivors of domestic abuse who have animals often do not escape the abuse if they are unable to take their much-loved animals with them:

Lucy: ‘I remember calling a domestic abuse helpline and they offered to take me into a refuge with the children. And I said about the animals and they said, “You just have to leave them. You have to get out and you have to leave them.” I couldn’t do that, my dog is part of the family’.

One way that we measure the impact that this service has on the lives of victim-survivors of domestic abuse is through service evaluation forms which are completed when families are reunited. Service evaluations evidence that our specialist animal fostering service enables survivors to leave abusive relationships and helps to increase survivors’ mental health and wellbeing as a result of knowing that they will be reunited with their animals. Survivors also feel that being reunited with their animals helps them and their children to recover from the trauma of abuse. Here are some direct quotes from service users:

‘Thank you, if it wasn't for you I wouldn't have got out alive’

‘I can’t thank everyone enough for the help I’ve been given, it’s been a traumatic time, but to know (anonymised), was safe and being so well looked after gave me and my daughter peace of mind’.

‘Without Refuge4Pets I would not have been able to leave the dangerous situation I was in. It helped me get through some very traumatic days, weeks and months knowing my dog was being so well looked after and that I would be reunited with her one day. Regular contact by phone and photos was some days the only joy I had in my life at that point.’

Page 5

Refuge4pets TRUSTEES ANNUAL REPORT

One family’s experience of our animal fostering service

We had been really looking forward to the day that we got to reunite a family with their two dogs. This day recently came round...

The team member, who has worked in the field of domestic abuse for over a decade, shed a tear when she looked in her rear-view mirror as she drove away, having collected the two dogs from Mum and her children over Christmas. At the time we didn't know the extent of the abuse that the family had experienced, but that day, our team member who collected the dogs, got a sense of the deep trauma that this family had experienced.

The family had just fled and were in emergency accommodation. Thanks to our team of incredible volunteers we were able to drop the two dogs off to a wonderful foster home the same day and they have been there for ten months.

During this time we have been able to have the dogs neutered, kept up with grooming which was vital given their breeds, provide vaccinations, flea and worm treatment and make sure that they had everything they needed in terms of supplies. The foster family have provided all the love, care and patience the dogs have needed to recover from the trauma that they have experienced – animals are victim-survivors of domestic abuse too.

We knew there would be tears of sadness and joy on reunite day… The foster carers who had provided the best possible care for these dogs were sad to see them go - it is often hard to say goodbye. However, the family were overjoyed to be reunited with their dogs and there were many tears of happiness! Being reunited is so important for the recovery of the whole family – people and animals. This is the best bit about our work. The family had these words to say:

'The support and services offered have been invaluable. We have experienced so much trauma and loss, not losing our dogs has been so important for my children and myself.'

Volunteers

Aside from the positive outcomes that we support survivors of domestic abuse to achieve there are many positive outcomes that we also support volunteers to achieve. We now have 155 volunteers many of whom have lived experience of domestic abuse or who are marginalised in society for a number of reasons. For example, volunteers in older age ranges, individuals with disabilities, people experiencing poverty who cannot financially commit to animal ownership. Service evaluations with volunteers show that fostering can increase volunteers’ health and wellbeing through animal companionship and being part of a supportive team. Here are some quotes from volunteers:

‘Good to help someone who needs it, cats are great company’

‘Felt good helping his Mum. Love having a dog, enjoy walks and cuddles and interacting with the dog and playing’

Outreach Service

We also provide an outreach resettlement service across Devon and Cornwall which is focused on providing victim-survivors of domestic abuse who have used our animal fostering service with a holistic package of support to aid their recovery from abuse and improve their quality of life. This project was developed in response to consultations with victim-survivors and local partner organisations to bridge a gap in service provision. Survivors explained how they felt particularly isolated and lonely when they left temporary accommodation to settle in permanent accommodation in communities which impacted their mental health and wellbeing.

Page 6

Refuge4pets TRUSTEES ANNUAL REPORT

Julia: 'Last Christmas I was in a caravan with the children, and I had social care, a support worker from the refuge, housing and the school. I had so much support then all of a sudden no one is there. We are in our house, but I have no one to talk to, I feel lonely, lost and am back on medication'.

Recovery from domestic abuse can take years and ongoing support when it is needed most. We have developed our understanding about the challenges that survivors face through our years of practice and academic experience where we have listened to the voices, experiences, tragedies, hopes and wishes of hundreds of victim-survivors. Our outreach coordinator and volunteer peer mentors support victim-survivors of domestic abuse to:

We use the Empowerment Star tool to measure the impact of the outreach service and 100 per cent of service users completing more than one empowerment star reported increases in scores across the eight empowerment star outcome areas which are:

In the last twelve months 100% of outreach service users have rated our service as excellent.

Here’s what some of the people accessing our outreach service had to say about the support that they received:

‘The groupwork sessions have helped me realise how happy and beautiful I am. I don’t feel lonely or worthless anymore’.

‘The support helped me to move forward with my life. It was amazing, it was very regular which was so helpful and just what I needed. I now have a job but try to do as much as I can in the community to help others'.

‘I have been able to get away from my previous existence. Without Refuge4Pets’ support, I would still be there’.

‘I feel better about setting boundaries, feeling comfortable with my rights and asserting them. I feel more confident. I felt listened to and was given time - a big thing’.

‘The service helped me obtain more suitable accommodation and was very helpful just by being there and listening. I honestly feel that without this help I would have gone down a very dark road and my mental health would have suffered a lot more’.

Page 7

Refuge4pets TRUSTEES ANNUAL REPORT

In Summary

It has been an exceptionally busy year; we have more animals in foster care than ever before and we receive referrals to our service daily. As always, we are extremely grateful to our wonderful volunteers without whom we could not offer this life saving and life changing service. Our team has grown to meet demand for the service, we have ambitious plans and have received national recognition for our work. But our long-term financial sustainability is one of our greatest challenges, particularly against the current economic backdrop. This said, the team – trustees, staff and volunteers remain committed to ensuring the future of our service to victim-survivors of domestic abuse.

FINANCIAL REVIEW

Incoming resources for the period are £141,142 (2021: £244,265) and resources expended are £195,342 (2021: £165,387) leaving an overall deficit for the year of £54,200 (2021: £78,878 surplus). Total unrestricted funds carried forward at the end of the year are £46,087 (2021: £58,019) with £23,646 (2021: £8,352) of this in designated funds. In addition there remains £55,448 of restricted funds carried forward (2020: £97,716).

Reserves policy:

Refuge4Pet’s reserves policy is to increase its level of unrestricted funds in order to ensure the underlying financial resilience of the charity and to provide designated funds for specific projects. The minimum level of free reserves that Refuge4Pets will hold in unrestricted funds, excluding fixed assets, will cover six months of core running costs plus any potential liabilities in the event of Refuge4Pets having to cease its activities. This will require Refuge4Pets to maintain a minimum amount of £66,252 in unrestricted funds which it will invest in interest bearing accounts. As at 31st March 2022, the level of Refuge4Pet’s unrestricted and undesignated funds stands at £22,441 (2021; £49,667) Refuge4Pets has an income diversification strategy in place to increase its reserves held in unrestricted funds in order to comply with its reserves policy. The reserves policy will be reviewed annually by R4P Trustees.

PLANS FOR FUTURE PERIODS

Growing our unrestricted funds and financial sustainability remains a priority for us going forward. We are addressing this through the development of our financial diversification strategy and more robust financial planning.

We would like to develop our service to work more holistically with victim/survivors of domestic violence and abuse and we have started to consult with service users and colleagues to shape this work and secure funding.

We are developing a more structured volunteer programme that is engaging for volunteers and supports people to meet their personal goals.

As a small, young charity we are continually reviewing our policies and procedures to make sure that we are compliant, efficient and provide a great service.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity was registered with the Charity’s Commission on 22 August 2017 as a CIO. The charity is governed by its governing document dated 15 August 2017.

Page 8

Refuge4pets TRUSTEES ANNUAL REPORT

Recruitment and induction of trustees:

Apart from the first charity trustees, every trustee must be appointed for a term of 3 years by a resolution passed at a properly convened meeting of the charity trustees.

In selecting individuals for appointment as charity trustees, the current trustees consider the skills, knowledge and experience needed for the effective administration of Refuge4Pets. Induction includes familiarization of all trustees with our objectives, policies and procedures, operating methods and financial reporting.

Risk management:

The trustees regularly review the risks to the Charity from both external factors and its operations. The trustees consider that they have taken appropriate steps to reduce such risks. NB good practice is to keep a risk register that identifies risks and what you will do to reduce them.

TRUSTEES RESPONSIBILITIES

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 Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

Glyn Chambers Trustee 23 November 2022

Page 9

Refuge4pets INDEPENDENT EXAMINERS REPORT

Independent Examiner's Report to the trustees of Refuge4pets

I report to the charity trustees on my examination of the accounts of Refuge4pets for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.

Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 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:

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.

Debbie Risborough Association of Chartered Certified Accountants Cornwall Community Accountancy Service The Elms, 61 Green Lane Redruth Cornwall TR15 1LS 23 November 2022

Page 10

Refuge4pets STATEMENT OF FINANCIAL ACTIVITIES

for the year ended 31 March 2022

Notes
Income and endowments
from:
Donations and legacies
4
Charitable activities
5
Total
Expenditure on:
Charitable activities
6
Total
Net gains on investments
Net (expenditure)/income
7
Transfers between funds
Net (expenditure)/income
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
£
32,764
11,897		 Restricted
funds
2022
£
1,500
94,981		 Total
funds
2022
£
34,264
106,878		 Total
funds
2021
£
34,361
209,904
44,661
57,196		 96,481
138,146		 141,142
195,342		 244,265
165,387
57,196
-		 138,146
-		 195,342
-		 165,387
-
(12,535)
1,797		 (41,665)
(1,797)		 (54,200)
-		 78,878
-
(10,738) (43,462) (54,200) 78,878
(10,738)
58,019		 (43,462)
97,716		 (54,200)
155,735		 78,878
76,857
47,281 54,254 101,535 155,735

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

Page 11

Refuge4pets BALANCE SHEET

at
31 March 2022
Company No. CE010822
Notes
2022
£
Fixed assets
Tangible assets
10
23,646
23,646
Current assets
Stocks
11
703
Debtors
12
4,070
Cash at bank and in hand
77,691
82,464
Creditors:Amount falling due within one year
13
(4,575)
Net current assets
77,889
Total assets less current liabilities
101,535
Net assets excluding pension asset or liability
101,535
Total net assets
101,535
The funds of the charity
Restricted funds
14
Restricted income funds
54,254
54,254
Unrestricted funds
14
General funds
23,635
Designated funds
23,646
47,281
Reserves
14
Total funds
101,535		 2021
£
8,352
8,352
747
53,816
97,221
151,784
(4,401)
147,383
155,735
155,735
155,735
97,716
97,716
49,667
8,352
58,019
155,735

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 March 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 23 November 2022

And signed on its behalf by:

Glyn Chambers

Trustee

23 November 2022

Page 12

Refuge4pets NOTES TO THE ACCOUNTS

for the year ended 31 March 2022

1 Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The charity constitutes a public benefit entity as defined by FRS102.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted These are available for use at the discretion of the trustees in furtherance of the
funds general objects of the charity.
Designated
funds These are unrestricted funds earmarked by the trustees for particular purposes.
Revaluation These are unrestricted funds which include a revaluation reserve representing
funds the restatement of investment assets at their market values.
Restricted These are available for use subject to restrictions imposed by the donor or
funds through terms of an appeal.

Page 13

Refuge4pets NOTES TO THE ACCOUNTS

Refuge4pets
NOTES TO THE ACCOUNTS
Income
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the
income 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 Where income has related expenditure the income and related expenditure is
related reported gross in the SoFA.
expenditure
Donations and Voluntary income received by way of grants, donations and gifts is included in
legacies the the SoFA when receivable and only when the Charity has unconditional
entitlement to the income.
Tax reclaims Income from tax reclaims is included in the SoFA at the same time as the
on donations gift/donation to which it relates.
and gifts
Donated These are only included in income (with an equivalent amount in expenditure)
services and where the benefit to the Charity is reasonably quantifiable, measurable and
facilities material.
Volunteer help The value of any volunteer help received is not included in the accounts.
Investment This is included in the accounts when receivable.
income
Gains/(losses) This includes any gain or loss resulting from revaluing investments to market
on revaluation value at the end of the year.
of fixed assets
Gains/(losses) This includes any gain or loss on the sale of investments.
on investment
assets
Expenditure
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT
expenditure which cannot be fully recovered, and is reported as part of the expenditure to
which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income,
raising funds fundraising trading costs and investment management costs.
Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities
charitable and services in the furtherance of its objects, including the making of grants and
activities governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
Governance These include those costs associated with meeting the constitutional and
costs statutory requirements of the Charity, including any audit/independent
examination fees, costs linked to the strategic management of the Charity,
together with a share of other administration costs.
Other These are support costs not allocated to a particular activity.
expenditure

Taxation

The charity is exempt from corporation tax on its charitable activities.

Page 14

Refuge4pets NOTES TO THE ACCOUNTS

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Motor vehicles 25% reducing balance Equipment 25% reducing balance

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Intangible fixed assets and amortisation

Intangible fixed assets (including purchased goodwill, patents and trademarks) are carried at cost less accumulated amortisation and impairment losses.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less 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 company'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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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 are taken into account in arriving at net income/expenditure.

Page 15

Refuge4pets NOTES TO THE ACCOUNTS

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term.

In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Statement of cash flows

The charity is exempt from preparing a statement of cash flows on the grounds that it is a small charity

2 Company status

The charity is a charitable incorporated organisation and has no share capital. In the event of the charity being wound up the liability of members towards the assets of the charity is limited to £nil. The members of the charity are the trustees named on page 1.

Page 16

Refuge4pets NOTES TO THE ACCOUNTS

3 Statement of Financial Activities - prior year

Income and endowments
from:
Donations and legacies
Charitable activities
Total
Expenditure on:
Charitable activities
Total
Net income
Net income 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
2021
£
34,361
64,904
99,265
54,432
54,432
44,833
44,833
44,833
13,186
58,019		 Restricted
funds
2021
£
-
145,000
145,000
110,955
110,955
34,045
34,045
34,045
63,671
97,716		 Total
funds
2021
£
34,361
209,904
244,265
165,387
165,387
78,878
78,878
78,878
76,857
155,735

Income from donations and

4 legacies

Appeals and donations
Gift Aid
Legacies		 Unrestricted
£
31,037
1,527
200
32,764		 Restricted
£
1,500
-
-
1,500		 Total
2022
£
32,537
1,527
200
34,264		 Total
2021
£
32,422
1,939
-
34,361

Page 17

Refuge4pets NOTES TO THE ACCOUNTS

5 Income from charitable activities

Income from charitable activities
Grant Income:
Awards for All
National Lottery 1st
Reaching Communities
Support Adoption for
Pets
Charities Aid
Foundation Covid
National Lottery
Community
People Postcode
Lottery
Kennel Club
Cornwall Community
Foundation
Jean Sainsburys
Norman Family Trust
Pets At Home
Foundation
Spark
Primary Purpose
Trading:
Events
Online shop		 Unrestricted
£
-
-
-
-
-
-
-
-
-
-
-
-
5,681
6,216
11,897		 Restricted
£
-
-
-
-
53,981
-
-
5,000
5,000
11,000
15,000
5,000
-
-
94,981		 Total
2022
£
-
-
-
-
53,981
-
-
5,000
5,000
11,000
15,000
5,000
5,681
6,216
106,878		 Total
2021
£
10,000
60,500
2,500
8,000
78,966
20,000
5,000
-
-
-
-
-
253
24,685
209,904

Page 18

Refuge4pets NOTES TO THE ACCOUNTS

6 Expenditure on charitable activities

Direct expenditure on
charitable activities
Pet food
Fostering expenses
Kennel fees
Vet fees
Online shop
merchandise
Events
Volunteer training and
DBS
Support Costs
Wages
Staff NIC (Employers)
Pensions
Staff training
Staff welfare
Rent & rates
Insurance
Repairs & renewals
Telephone and fax
IT expenses
Motor Expenses
Printing, postage and
stationary
Subscriptions
Sundry expenses
Marketing and
promotion
Legal and professional
fees
Bank charges
Profit on disposal of
tangible fixed assets
Depreciation
Governance costs
Accountancy fees
Independent
examination of the
charity's accounts		 Unrestricted
£
1,418
754
5,252
6,096
3,891
2,194
-
13,320
3,739
267
0
0
9,894
896
-
2,411
1,390
0
2,478
177
1,027
540
0
132
(2,747)
2,821
270
975
57,196		 Restricted
£
-
-
-
12,953
-
-
52
92,138
-
1,855
3,143
599
852
1,573
-
194
51
20,217
-
-
1,074
520
2,381
-
-
-
545
-
138,146		 Total
2022
£
1,418
754
5,252
19,049
3,891
2,194
52
105,458
3,739
2,122
3,143
599
10,746
2,469
-
2,605
1,441
20,217
2,478
177
2,101
1,060
2,381
132
(2,747)
2,821
815
975
195,342		 Total
2021
£
474
1,611
1,717
14,836
15,197
94
212
73,852
-
1,301
1,460
-
10,951
2,274
13
2,354
1,530
19,656
7,713
294
1,440
911
3,625
4
-
1,878
1,015
975
165,387

Page 19

Refuge4pets NOTES TO THE ACCOUNTS

7 Net (expenditure)/income before
transfers
2022 2021
This is stated after charging: £ £
Depreciation of owned fixed assets 2,821 1,878
Independent Examiner's fee 975 975
Other fees paid to the auditor or 815 756
independent examiner
Trustee remuneration and
8 expenses
2022 2021
Number Number
The nature of the reimbursed Nil remuneration or expenses paid to trustees in the
expenses current or prior year.
9 Staff costs
Salaries and wages 105,458 73,852
Social security costs 3,739 -
Pension costs 2,122 1,301
111,319 75,153
No employee received emoluments in excess of £60,000.
Total employee benefits received by
management personnel		 key 35,683 26,245
The average monthly number of full time equivalent
employees during the year was as follows:
2022 2021
Number Number
Charitable activities
full time		 1 1
Charitable activities
part time		 5 4
6 5

Page 20

Refuge4pets NOTES TO THE ACCOUNTS

10 Tangible fixed assets

Cost or revaluation
At 1 April 2021
Additions
Disposals
At 31 March 2022
Depreciation and
impairment
At 1 April 2021
Depreciation charge for
the year
Disposals
At 31 March 2022
Net book values
At 31 March 2022
At 31 March 2021
11 Stocks
Finished goods
12 Debtors
Other debtors
Prepayments and accrued income
13 Creditors:
amounts falling due within one year
Trade creditors
Other taxes and social security
Accruals and deferred income		 Motor
vehicles
£
7,000
19,833
(7,000)
19,833
4,047
1,240
(4,047)
1,240
18,593
2,953
2022
£
703
703
2022
£
1,521
2,549
4,070
2022
£
1,738
1,862
975
4,575		 Equipment
£
6,715
1,235
-
7,950
1,316
1,581
-
2,897
5,053
5,399		 Total
£
13,715
21,068
(7,000)
27,783
5,363
2,821
(4,047)
4,137
23,646
8,352
2021
£
747
747
2021
£
18,264
35,552
53,816
2021
£
653
2,773
975
4,401

Page 21

Refuge4pets NOTES TO THE ACCOUNTS

14 Movement in funds

14 Movement in funds
Incoming
At 1 April
2021		 resources
(including
other
gains/losses)		 Resources
expended		 Gross
transfers		 At 31
March
2022
£ £ £ £
Restricted funds:
Restricted income
funds:
National Lottery 1st
Reaching Communities 67,163 53,981 (93,312) (1,436) 26,396
Awards for All 11,960 - (6,973) (411) 4,576
Support Adoption for
Pets 154 - - (154) -
Peoples' Postcode
Lottery 18,439 - (18,643) 204 0
Cornwall Community
Foundation - 5000 (3,320) - 1,680
Jean Sainsburys - 5000 (4809) - 191
Norman Family Trust - 11000 (1871) - 9129
Pets At Home
Foundation - 15000 (8145) - 6855
Spark - 5000 - - 5000
Steven Frewer - 1500 (1074) - 426
Total 97,716 96,481 (138,146) (1,797) 54,254
Unrestricted funds:
General funds 49,667 44,661 (57,196) (13,497) 23,635
Designated funds:
Capital Expenditure
funded by Grants 8,352 - - 15,294 23,646
Total 8,352 - - 15,294 23,646
Revaluation Reserves:
Total funds 155,735 141,142 (195,342) - 101,535

Purposes and restrictions in relation to the funds:

Restricted funds: National Lottery 1st A 3 year project which aims to enable freedom from domestic violence Reaching Communities and abuse by removing a significant barrier which prevents many victims from leaving. Empower and support victims to access vital advice and safety.

Awards for All Support for core costs, rent, insurance, IT and telephony

Page 22

Refuge4pets NOTES TO THE ACCOUNTS

Support Adoption for Support for vet fees Pets Peoples' Postcode Outreach project Lottery Cornwall Community Foundation Resettlement project Jean Sainsburys Support for vet fees Norman Family Trust Support for additional costs in relation to the Covid pandemic Pets At Home Support for vet fees Foundation Spark Outreach project Steven Frewer Support for children whose pets are supported by us. Designated funds: Capital Expenditure As per SORP requirements capital paid for by restricted funds is funded by Grants transferred to a designated fund to match depreciation.

Analysis of net assets between 15 funds

Fixed assets
Net current assets		 Unrestricted
funds
£
23,646
23,635
47,281		 Restricted
funds
£
-
54,254
54,254		 Total
£
23,646
77,889
101,535

16 Commitments

Operating lease commitments

Annual commitments under non-cancellable operating leases are as follows:

Operating leases with expiry date:
In the second to fifth years
inclusive		 2022
Land and
buildings
£
-
-		 2022
Other
£
22,493
22,493		 2021
Land and
buildings
£
-
-		 2021
Other
£
27,621
27,621

17 Related party disclosures

Controlling party

The charity is managed by the trustees; thus no single party controls the company.

Page 23