Charity registration number: 1177918
Angels 4 Dogs Rescue
Annual Report and Financial Statements For the Year Ended 31 December 2020
Dudley Gore & Co 50 Queen Street Ramsgate
Angels 4 Dogs Rescue
| Reference and Administrative Details Trustees' Report Statement of Trustees' Responsibilities Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements |
Contents 1 2 3 4 5 6 7 to 13 |
|---|---|
Angels 4 Dogs Rescue
Reference and Administrative Details
Trustees Michelle Moss Yasmine Moss Grace Maxted Principal Office 25 Crescent Road Birchington CT7 9DP Charity Registration Number 1177918 Independent Examiner Peter Smith ICPA 50 Queen Street Ramsgate CT11 9EE
Page 1
Angels 4 Dogs Rescue
Trustees' Report
The trustees present the annual report together with the financial statements of the charity for the year ended 31 December 2020.
Objectives and activities
Public benefit
To relieve the suffering of animals in need of care and attention and, in particular, to provide and maintain rescue homes or other facilities for the reception, care and treatment of such animals.
The provision of free surgical or medical treatment, or such treatment at reduced charges, to animals belonging to persons who are unable to afford the services of a veterinary surgeon.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Financial review
With additional promotion and the implementation of raffles the charity was able to boost its funds during the year and in turn this led to additional animal welfare being provided. The overall position is considered satisfactory with a similar level of reserves to the previous year which are sufficient to cove costs in the immediate future which meets the charity's objective.
Funds in deficit
No funds were in deficit during or at the end of the year.
Principal funding sources
The major part of Trust funds is provided by donations from the general public.
Structure, governance and management
Nature of governing document
The charity is a Charitable Incorporated Organisation governed by the foundation document dated 11th April 2018.
Recruitment and appointment of trustees
The management of the Trust is the responsibility of the Trustees. In the event of a vacancy in the position of Trustee any suitable applicants to fill the post will be considered for suitability by the existing Trustees.
Major risks and management of those risks
The Trustees have undertaken a risk assessment in order to identify any risks to which the Trust is exposed. Systems have been established to mitigate risks.
Page 2
Angels 4 Dogs Rescue
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees of the charity on 15/03/2022 and signed on its behalf by:
................................... Michelle Moss Trustee
................................... Yasmine Moss Trustee
................................... Grace Maxted Trustee
Page 3
Angels 4 Dogs Rescue
Independent Examiner's Report to the Trustees of Angels 4 Dogs Rescue
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2020 which are set out on pages 5 to 13.
Respective responsibilities of trustees and examiner
As the charity’s trustees of Angels 4 Dogs Rescue 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 Angels 4 Dogs Rescue's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I 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:
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accounting records were not kept in respect of Angels 4 Dogs Rescue as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting 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.
PR Smith
...................................... Peter Smith ICPA 50 Queen Street Ramsgate CT11 9EE
17 March 2022
Page 4
Angels 4 Dogs Rescue
Statement of Financial Activities for the Year Ended 31 December 2020
| Note Unrestricted £ Income and Endowments from: Donations and legacies 110,255 Expenditure on: Raising funds (19,546) Charitable activities (90,311) Total expenditure (109,857) Net movement in funds 398 Reconciliation of funds Total funds brought forward 9,332 Total funds carried forward 11 9,730 Note Unrestricted £ Income and Endowments from: Donations and legacies 69,672 Expenditure on: Raising funds (2,448) Charitable activities (64,532) Total expenditure (66,980) Net movement in funds 2,692 Reconciliation of funds Total funds brought forward 6,640 Total funds carried forward 11 9,332 |
Total 2020 £ 110,255 (19,546) (90,311) |
|---|---|
| (109,857) | |
| 398 9,332 |
|
| 9,730 | |
| Total 2019 £ 69,672 (2,448) (64,532) |
|
| (66,980) | |
| 2,692 6,640 |
|
| 9,332 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2019 is shown in note 11.
The notes on pages 7 to 13 form an integral part of these financial statements. Page 5
Angels 4 Dogs Rescue
(Registration number: 1177918) Balance Sheet as at 31 December 2020
| Note Fixed assets Tangible assets 8 Current assets Cash at bank and in hand 9 Creditors: Amounts falling due within one year 10 Net current assets Net assets Funds of the charity: Unrestricted income funds Unrestricted Total funds 11 |
2020 £ 291 10,534 (1,095) 9,439 9,730 9,730 9,730 |
2019 £ 364 9,784 (816) |
|---|---|---|
| 8,968 | ||
| 9,332 | ||
| 9,332 | ||
| 9,332 |
The financial statements on pages 5 to 13 were approved by the trustees, and authorised for issue on 15/03/2022 and signed on their behalf by:
....................................... Michelle Moss Trustee
....................................... Yasmine Moss Trustee
....................................... Grace Maxted Trustee
The notes on pages 7 to 13 form an integral part of these financial statements. Page 6
Angels 4 Dogs Rescue
Notes to the Financial Statements for the Year Ended 31 December 2020
1 Accounting policies
Statement of compliance
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 Charities Act 2011.
Basis of preparation
Angels 4 Dogs Rescue meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Exemption from preparing a cash flow statement
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.
Page 7
Angels 4 Dogs Rescue
Notes to the Financial Statements for the Year Ended 31 December 2020
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £100.00 or more are initially recorded at cost.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.
Financial instruments
Classification
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
Page 8
Angels 4 Dogs Rescue
Notes to the Financial Statements for the Year Ended 31 December 2020
Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
2 Income from donations and legacies
| Unrestricted funds General £ Donations and legacies; Donations from individuals 76,077 Grants, including capital grants; Grants from other charities 1,284 Regular giving and capital donations 32,894 Total for 2020 110,255 Total for 2019 69,672 |
Total funds £ 76,077 1,284 32,894 |
|---|---|
| 110,255 | |
| 69,672 |
3 Expenditure on raising funds
a) Costs of generating donations and legacies
Maintenance costs £498
Page 9
Angels 4 Dogs Rescue
Notes to the Financial Statements for the Year Ended 31 December 2020
b) Costs of trading activities
| Unrestricted funds Note General £ Cost of raffles 19,060 Total for 2020 19,060 4 Expenditure on charitable activities Unrestricted funds Note General £ Governance costs 90,311 Total for 2019 64,532 |
Total funds £ 19,060 |
|---|---|
| 19,060 | |
| Total funds £ 90,311 |
|
| 64,532 |
5 Analysis of governance and support costs
Governance costs
| Unrestricted funds General £ Examination fees Independent examiner's fee 700 Marketing and publicity 964 Depreciation, amortisation and other similar costs 73 Other governance costs 88,574 Total for 2020 90,311 Total for 2019 64,532 |
Total funds £ 700 964 73 88,574 |
|---|---|
| 90,311 | |
| 64,532 |
6 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
Page 10
Angels 4 Dogs Rescue
Notes to the Financial Statements for the Year Ended 31 December 2020
7 Taxation
The charity is a registered charity and is therefore exempt from taxation.
8 Tangible fixed assets
| Cost At 1 January 2020 At 31 December 2020 Depreciation At 1 January 2020 Charge for the year At 31 December 2020 Net book value At 31 December 2020 At 31 December 2019 9 Cash and cash equivalents Cash on hand Cash at bank 10 Creditors: amounts falling due within one year Other creditors |
Furniture and equipment £ 455 455 91 73 164 291 364 2020 £ 207 10,327 10,534 2020 £ 1,095 |
Furniture and equipment £ 455 455 91 73 164 291 364 2020 £ 207 10,327 10,534 2020 £ 1,095 |
Total £ 455 455 91 73 164 291 364 2019 £ 235 9,549 |
|
|---|---|---|---|---|
| 455 | ||||
| 91 73 |
||||
| 164 | ||||
| 291 | ||||
| 364 | ||||
| 2020 £ 207 10,327 10,534 2020 £ 1,095 |
||||
| 9,784 | ||||
| 2019 £ 816 |
Page 11
Angels 4 Dogs Rescue
Notes to the Financial Statements for the Year Ended 31 December 2020
11 Funds
| 11 Funds | ||||
|---|---|---|---|---|
| Unrestricted General Unrestricted General 12 Analysis of net assets between funds |
Balance at 1 January 2020 £ (9,332) Balance at 1 January 2019 £ (6,640) |
Incoming resources £ (110,255) Incoming resources £ (69,672) |
Resources expended £ 109,857 Resources expended £ 66,980 |
Balance at 31 December 2020 £ (9,730) |
| Balance at 31 December 2019 £ (9,332) |
||||
| 12 Analysis of net assets between funds | |
|---|---|
| Unrestricted General £ Tangible fixed assets 291 Current assets 10,534 Current liabilities (1,095) Total net assets 9,730 Unrestricted funds General £ Tangible fixed assets 364 Current assets 9,784 Current liabilities (816) Total net assets 9,332 |
Total funds £ 291 10,534 (1,095) |
| 9,730 | |
| Total funds at 31 December 2019 £ 364 9,784 (816) |
|
| 9,332 |
Page 12
Angels 4 Dogs Rescue
Notes to the Financial Statements for the Year Ended 31 December 2020
| 13 Analysis of net funds Cash at bank and in hand Net debt Cash at bank and in hand Net debt |
At 1 January 2020 £ Cash flow £ At 31 December 2020 £ 9,784 - 9,784 9,784 - 9,784 At 1 January 2019 £ Financing cash flows £ At 31 December 2019 £ 7,035 2,749 9,784 7,035 2,749 9,784 |
At 1 January 2020 £ Cash flow £ At 31 December 2020 £ 9,784 - 9,784 9,784 - 9,784 At 1 January 2019 £ Financing cash flows £ At 31 December 2019 £ 7,035 2,749 9,784 7,035 2,749 9,784 |
At 1 January 2020 £ Cash flow £ At 31 December 2020 £ 9,784 - 9,784 9,784 - 9,784 At 1 January 2019 £ Financing cash flows £ At 31 December 2019 £ 7,035 2,749 9,784 7,035 2,749 9,784 |
|---|---|---|---|
| 9,784 | |||
| At 31 December 2019 £ 9,784 |
|||
| 9,784 |
Page 13
Angels 4 Dogs Rescue
Statement of Financial Activities by fund for the Year Ended 31 December 2020
| Total | ||
|---|---|---|
| Unrestricted | Unrestricted | |
| 2020 | 2019 | |
| £ | £ | |
| Income and Endowments from: | ||
| Donations and legacies | 110,255 | 69,672 |
| Total income | 110,255 | 69,672 |
| Expenditure on: | ||
| Raising funds | (19,546) | (2,448) |
| Charitable activities | (90,311) | (64,532) |
| Total expenditure | (109,857) | (66,980) |
| Net income | 398 | 2,692 |
| Net movement in funds | 398 | 2,692 |
| Reconciliation of funds | ||
| Total funds brought forward | 9,332 | 6,640 |
| Total funds carried forward | 9,730 | 9,332 |
This page does not form part of the statutory financial statements. Page 14
Angels 4 Dogs Rescue
Detailed Statement of Financial Activities for the Year Ended 31 December 2020
| Income and Endowments from: Donations and legacies (analysed below) Total income Expenditure on: Raising funds (analysed below) Charitable activities (analysed below) Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Total 2020 £ 110,255 110,255 (19,546) (90,311) (109,857) 398 398 9,332 9,730 |
Total 2019 £ 69,672 |
|---|---|---|
| 69,672 | ||
| (2,448) (64,532) |
||
| (66,980) | ||
| 2,692 | ||
| 2,692 6,640 |
||
| 9,332 |
This page does not form part of the statutory financial statements. Page 15
Angels 4 Dogs Rescue
Detailed Statement of Financial Activities for the Year Ended 31 December 2020
| Total 2020 £ Donations and legacies Raffle and Lottery Income Appeals and donations Grants - other agencies Fostering and adoption fees Raising funds Fundraising costs Raffle Purchases Computer software and maintenance costs Charitable activities Insurance Animal care costs Kennels Repairs and renewals Office expenses Printing, postage and stationery Subscriptions Charitable donations Sundry expenses Travel and subsistence Advertising Accountancy fees Legal and professional fees Bank charges Depreciation of office equipment |
Total 2019 £ 29,154 - 76,077 60,062 1,284 4,000 3,740 5,610 110,255 69,672 (100) (2,448) (19,060) - (386) - (19,546) (2,448) (345) (47) (22,651) (14,998) (34,750) (19,594) (240) (280) (70) (139) (2,547) (2,807) (216) - (22,250) (16,311) (417) (1,006) (4,669) (1,281) (964) (375) (700) (396) - (6,759) (419) (448) (73) (91) (90,311) (64,532) |
Total 2019 £ 29,154 - 76,077 60,062 1,284 4,000 3,740 5,610 110,255 69,672 (100) (2,448) (19,060) - (386) - (19,546) (2,448) (345) (47) (22,651) (14,998) (34,750) (19,594) (240) (280) (70) (139) (2,547) (2,807) (216) - (22,250) (16,311) (417) (1,006) (4,669) (1,281) (964) (375) (700) (396) - (6,759) (419) (448) (73) (91) (90,311) (64,532) |
|---|---|---|
| 69,672 | ||
| (2,448) - - |
||
| (2,448) | ||
| (47) (14,998) (19,594) (280) (139) (2,807) - (16,311) (1,006) (1,281) (375) (396) (6,759) (448) (91) |
||
| (64,532) |
This page does not form part of the statutory financial statements. Page 16