Cornpany Registration Number.. CE015443 Charity registration nurnber.. 1180414 Unitetocare Annual Report and Financial Statements for the Yeaf Ended 31 May 2024
Unitetocare Contents Reference and Administrative Details Strategic Report Trustees, Report 3to5 Accounlanls, Report Statement of Financial ActivItS Balance Sheet Notes to the Financial Statements 91014
Unitetocare Reference and Administrative Details Chaiman Ms Mandy Billee Jackson Charity Registration Number 1180414 The charity is incorporated in England and Wales. 12 Round Ings Road Oullane Huddersfield HD3 3FQ Registered Office Page 1
Unitetocare Stratsgic Report for the Year Ended 31 May 2024 The trustees, who are directors for the purposes of company law, present their strategic reF)Ort for the year ended 31 May 2024, In compliance with s414C of the Companies Act 2006. The strategic report Was approved by the Iruslees of the charity on 6 December 2024 and signed on its behalf by". Ms Mandy Billee Jackson Chairman and Trustee Page 2
Unitetocare Trustees. Report The trustees, who are direelors for the purposes of company law, present the annual report together with the financial stslements and auditors. report of the charitable company for the year ended 31 May 2024. Objectives and activities Public benefit For the benefit of the public lo relieve the suffering of animals in need of Ca and attention. To provide and maintain rescue homes and other facilities for the reception, care and Irealmenl of these animals. The Iruslees confim 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. Trustees and offieers The Iruslees and officers serving during the year and since the year end were as follows.. Trustees.. Ms Mandy Billee Jackson Ms Lyndsey Booth Ms Julie Greenwo(xJ Ms Victoria Anderson Ms Stephanie Mills Ms Emma Kell Chairman". Ms Mandy Billee Jackson Structure. govemanc¢ and management Financial instruments Objectives and policiT•S The charity's activities expose il lo a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity's policies approved by the board of Iruslees, which provide written principles on the use of financial derivatives lo manage these risks The charity does not use derivative financial instruments for speculative purposes. Cash flow risk The charity's activities expose it primarily lo the financial risks of changes in fOIgn cUencY exchange rates and interest rates. The charity uses foreign exch8nge forward contracts and interest rale swap contracts lo hedge these exposures. Interest bearing asse15 and Iiabililies are held al fixed rale to ensure certainty of cash flows. Page 3
Unitetocare Trustees. Report Credlt rlsk The charity's principal financial assets are bank balances and cash, trade and other receivables, and investments. The charity's credit risk is prirnarily attributable to it$ trade receivables. The 8moun15 presented in the balance sheet are nel of allowances for doubtful receivables An allowance for Impairment is made where there is an identified 105s event which. based on previous experience, Is evidence of a reduction in the recoverability of the eash flows. The credrt risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credil-ralings assigned by international credit-rabng agencies. The charity has no significant concentration of credit risk. wlh exposure spread over a large number of counterparties and customers. Liquidity risk In order lo maintain liquidity lo ensure that sufficient funds are available for ongoing operations and future developments, the charity uses a mixture of long-lerm and short-term debt finance. Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial Statements. statement of truste8s' rgsponsibilitles The Injslees (who are also the directors of Unitelocare for the purposes of company lawl are responsible for preparing the tru51ees' report and the financial slalemenls in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Aecepled Accounlsng Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Company law requires the trustees lo prepare financial statements for each financial year Under company law the Iruslees musl not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the charitable company and of the incoming resources and application of resources. includ1ng ils income and expenditu. of the charitable company for that period. In preparing these financial stalemenls, the trustees are required to". select suitable accounting policies and apply them consislenlly,. observe the methods and principle5 in the Charities SORP., rnake judgements and estimates that are reasonable and prudent., stale whether applicable accounting standards, comprising FRS 102 have been followed, subject lo any material departures disclosed and explained in the financial stslemenls., and prepare the financial statements on the going concern basis unless it is inappropriate lo presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy al any lime the financial position of the charitsble company and enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for Safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financia5 Information included on the chantable company's website. Legislation governing the preparation and dissemination of financial slalements may differ from legislation in other jurisdictions. Page 4
Unitetocare Trustees, Report Disclosure of infomiation to auditor Each Iruslee has taken steps that they ought to have taken as a Iruslee in order lo make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The Iruslees confimi that there is no relevant information that they know of and of whi¢h they know the auditor is unaware. The annual report was approved by the Iruslees of the charity on 6 December 2024 and signed on its behalf by.. Ms Mandy Billee Jackson Chairman and Trustee Page 5
Accountants, Report to the Trustees on the Preparation of the Unaudited Statutory Accounts of Unitetocare for the Year Ended 31 May 2024 In order to assist you lo fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Uniletocare for the year encled 31 May 2024 as set out on pages 7 10 14 from the company's accounting records and from information and explanations you have given us. As a praclising member firm of the Association of Chartered Certrfied Accountants, we are subject lo ethical and other professional requirements which are detailed at https'.IIMw.accaglobal.comlgblenlmemberlstandardlrules-and-standardslrulebook.hlm. This report is made solely lo the Board of Directors of Unitelocare. as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely lo prepare for your approval the accounts of Unitelocare and stale those matters that we have agreed lo slate to the Board of Directors of Uniletocare, as a body, in this reF)Ort in accordance with the requirements of the Assoeiation of Chartered Certified Accounlanls as detailed at https".IIMvwaccaglobal.comlgblenlmemberlslandardlrules-8nd-standardslrulebook.hlml. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Unitetocare and its Board of Directors as a body for our work or for this report. 11 is your duty lo ensure that Uniletocare has kept adequate accounting records and lo prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and of Uniletocare You consider that Unitelocare is exempt from the slatulory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Unitelocare. For this reason, we have not verified the accuracy or completeness of the accounting records OT information and explanations you have given to us and we do not. therefore, express any opinion on the slatulory accounts. Smith Butler Ltd 6 December 2024 Page 6
Unitetocare ststement of Financial Activities for the Year Ended 31 May 2024 Ilncluding Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestricted funds Total 2024 Note Income and Endowments from: Donations and legaeies Totsl income 58,454 58,454 58,454 58,454 Expenditure on: Charitable activities 7,096 7,096 Tol81 expenditure Net income 7,096 7,096 51,358 51,358 Net movement in funds 51,358 51,358 Reconciliation of funds Total funds brought forward 10,390 10,390 Total funds carried forward 61.748 Unrestricted funds 61,748 Total 2023 Note Income and Endowments from: Donations and legacies 200 200 Total income 200 200 Expenditure on: Raising funds Charitable activities 1771 16731 {771 1673 Total expenditure 750 750 Nel expenditure 550 1550} Nel movement in funds 15501 1550} Reconciliation of funds Total funds brought foNard Total funds carried fotward 10,940 10.940 10,390 10,390 All of the charity's activities derive from continuing operations during the above tsyo periods. The funds breakdown for 2023 and 2022 is shown in note 7. The notes on pages g to 14 form an integral part of these financial slalements. Page 7
Unitetocare (Registration number: CE015443) Balance Sheet as at 31 May 2024 2024 2023 Note Flxed assets Tangible assets Current assets Cash al bank and in hand 11,590 51,467 10,882 Credltors: Amounts falling due within one year Net current assets 1,309 492 50,158 10,390 Net assets 61,748 10,390 Funds of the charlty: Unrestri¢ted incorne funds Unrestricted funds 61,748 10,390 Total funds 61,748 10,390 For the financial year ending 31 May 2024 the charity was entslled to exemption from audit under section 477 of the Companies Act 2006 relating lo small companies. Directors. responsibilities. The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476". and The directors acknowledge their responsibilities for complying with the requirement5 of the Act with pecl lo accounting records and the preparation of accounts. The financial stslements on pages 7 10 14 were approved by the Iruslees, and authorised for issue on 6 December 2024 and signed on their behalf by. Ms Mandy Billee Jackson Chairman and Trustee The notes on pages 9 10 14 fom an integral part of these financial staternenl5. Page 8
Unitetocare Notes to the Financial Statements for the Year Ended 31 May 2024 1 Charity status The charity is limited by share capital, incorporated in England and Wales. The address of it5 reglstered office is.. 12 Round Ings Road Oullane Huddersfield HD3 3FQ These financial stslements were authorised for issue by the Iruslees on 6 December 2024. 2 Accounting policies Summary of slgnificant accounting policie$ and key accounting estimates The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consi5tenlly applied to all the years presented, unless otherwise stsled. Statement of compliance The financial slalements have been prepared in accordance wlh Accounting and Reporting by Charities Statement of Recommended Practice (applicable lo charities preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211 lissued in October 20191 Icharilies SORP IFRS 10211, the Financial ReF)Orting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 20(kS. Basis of preparatlon Unitelocare 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 staled in the relevant accounting policy notes. Going concern The trustees consider that there are no material UnrtaIntieS about the charity's ability lo continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity. Income and endowments All income is recognised once the charity has entitlement lo the income. It is probable that the income will be reiVed and the amount of the income receivable can be measured reliably. Page g
Unitetocare Notes to the Financial Statements for the Year Ended 31 May 2024 Don8tion$ and legacies Donations are recognised when the charity has been notified in Wflting of both the amount and Settlement dale. In the event that a donation is subject lo conditions that require a level of performance by the charity before the charity is entitled lo the funds, the income is deferred and not recognised until either those conditions are fully met. or the ftjlfilmenl of those conditions is wholly within the control of the charity and it is probable that these condition5 will be fulfilled in the reporting period Legacy gifts a recognised on a case by case basis ft)Ilowing the grant of probate when the administralorlexeculor for the eslale has communicated in writing both the amount and settlement dale. In the event that the gift is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange, recognibon is subject lo the value of the gift being reliably measurable with a degree of reasonable accuracy and the title lo the asset having been transferred lo the charity. Expenditurg All expenditure is recognised once there is a legal or constructsve obligation to that expenditure, il 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 lo that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the ¥Jse of resources. with central staff costs allocated on the basis of lime spent, and depreciab.on charges allocated on the porbon 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. Charitable actlviti•s Charitable expenditure ¢omprise5 those costs incurred by the charity in the delivery of its activities and seNices for its benefieiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary lo support them. Governance costs These include the costs attributable lo the charity's compliance with constrtuts'onal and statutory fequiremenls, including audit, strategic management and trustees meetings and reimbursed expenses. Taxation The Charity is considered to pass the tests sel out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a chanlable company for UK corporation lax purposes. Accordingly, the charity is potentially exempl from taxation In respect of income or capital gains received within categories Covered by Chapter 3 Part 11 of the Corporation Tax Ael 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 fixod assets Individual fixed assets costing £0.00 or more are initially recorded at eosl, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Page 10
Unitetocare Notes to the Financial Statements for the Year Ended 31 May 2024 Depreciation and amortisation Depreciation is provided on tangible fixed assets so as to write off the c05t or valuation, less any eslimaled residual value. over their expected useful economic life as follows.. Cash and cash equlvalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible lo a known amount of cash and are subject lo an insignificant risk of change In value. Borrowlngs Interesl-bearing borrowings are initially recorded al fair value, net of transaction costs. Interesl-bearing borrowings are subsequently carried al amortised cost, with the difference between the proceeds, nel of transaction costs, and the amount due on redemption being recognised as a charge lo the Statement of Financial Activities over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for al least twelve months after the reporting date. Foreign exchange Transactions in foreign currencies are recorded at the rale of exchange at the date of the Iransaclion. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are reported al the rates of exchange prevailing al that date. The results of overseas operations are translated al the average rates of exchange during the period and their balance sheets al the rates ruling al the balance sheet date. Exchange differences arising on translation of the opening net assets and results of overseas opemtions are reported in other comprehensive Income and accumulated in equity lattribuled to non-conlrolling interests as appropriatel. Other exchange differences are recognised in the Statement of Financial Activities in the period in which they arise except for.. 11 exchange differences on transactions entered into lo hedge certain foreign currency risks (see above)., 21 exchange differences arising on gains or losses on non-monetary items which are recognised in other comprehensive income, and 31 in the case of the consolidated financial slalements, exchange differences on monetary items receivable from or payable to a foreign operation for which settlement is neither planned nor likely to occur Ilherefore forming part of the nel investment in the foreign 0ratIOn), which are recognised in other comprehensive income and reported under equity. Page 11
Unitetocare Notes to the Financial Statements for the Year Ended 31 May 2024 Fund structure Flnanclal instruments Investments Investments in nonionvertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value eannot be measured reliably, investments are measured at cost le55 irnpairment. Investments in subsidiaries and associates are measured at cost less impaiTment. For inveslrnents in subsidiaries acquired for consideration inclLJding the issue of shares qualifying for merger relief, cost 15 measured by reference lo the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored. Derlvatlve financial instruments The charity u$ derivative financial instruments to reduce exposure lo foreign exchange risk and interest rate movements. The charity does not hold or issue derivative financial instruments for speculative purpose5. Derivatives are initially recognised al fair value at the dale a derivative contract is entered into and are subsequently remeasured to their fair value at each reporting dale. The resulting gain or loss is recognised in slalement of financial activities immediately unless the derivative is designated and effective as a hedging inslfument, in which event the liming of the recognition in slalement of financial activities depends on the nature ol the hedge relationship Falr value measurement The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time Sin the transaction took place. If the market is not active and recent transactions of an Identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique. Page 12
Unitstocare Notes to the Financial Statements for the Year Ended 31 May 2024 3 Taxation The charity is a registered charity 2nd is therefore exempl from taxation. 4 Tanglble fixed a$sets Land and buildings Total Cost Additions 12,201 12,201 Al 31 May 2024 12.201 12,201 Depreciation Charge for the year Al 31 May 2024 611 611 611 611 Net book value Al 31 May 2024 11,590 11,590 Included within the net book value of land and buildings above is £Nil 12023 £Nill In respect of freehold land and buildings and £11,59012023 - £Nill in respect of leaseholds S Cash and cash equivalents 2024 2023 Cash al bank 51,467 10,882 6 Creditors: amounts falling due within one ygar 2024 2023 Other creditors Accrua15 709 600 492 1,309 492 7 Funds Balance at 1 June 2023 Incoming resources Resources expended Balance at 31 May 2024 Unrestricted funds General 10,390 58,454 7,096 61,748 Page 13
Unitetocare Notes to the Financial Statements for the Year Ended 31 May 2024 Balance at 1 June 2022 Incoming resources Resources exponded Balance at 31 May 2023 Unrestricted funds General 10,940 750 10,390 8 Analysis of net assets between funds Unrestricted funds General Total funds at 31 May 2024 Tangible fixed assets Current assets Current liabilities 11,590 51,467 1,309 11,590 51,467 11,3091 61.748 Total nel assets 61,748 Unrestricted funds General Total funds at 31 May 2023 Current assets Current liabilities 10,882 1492 10,882 14921 10,390 Total nel assets 10,390 Page 14
Unitetocare Statement of Financial Activities by fund for the Year Ended 31 May 2024 Unrestricted Funds Total Total Unrestrlcted Unrestrict¢d Funds Funds 2024 2023 Income and Endowments from: Donations and legacies Total inwme 58,454 200 58,454 200 Expenditure on: Raising funds Charitable activities 1771 673 7,096 Total expenditure 7,096 750 Nel incomellexpenditurel 51,358 550 Nel movement in funds 51.358 ISSOI Reconciliation of funds Total funds brought forward Total funds carried forward 10,390 10,940 61.748 10,390 This page does not form part of the statutory financial slatemenls. Page 15