## **Trustees’ Annual Report for the period**
**From 1[st] Feb 2020 Period start date To 31 Jan 2021 Period end date**
## **Charity name: The Greyhound Shop**
## **Charity registration number:1180862**
## **Objectives and Activities**
**----- Start of picture text -----**
SORP reference
Summary of the purposes Para 1.17 To raise and distribute funds for the
of the charity as set out relief of distress and to aid the
in its governing rehoming of greyhounds and other
document sighthounds both in the UK and abroad
Summary of the main Para 1.17 and Generating income through the sale of
1.19
activities in relation to donated goods
those purposes for the
public benefit, in
particular, the activities,
projects or services
identified in the
accounts.
Statement confirming Para 1.18 All trustees have read and understand
whether the trustees guidance issued by the Charity
have had regard to the Commission.
guidance issued by the
Charity Commission on
public benefit
**----- End of picture text -----**
## **Additional information (optional)**
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers
Other
## **Achievements and Performance**
SORP reference Summary of the main Para 1.20 achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.
## **Additional information (optional)**
You may choose to include further statements where relevant about:
**----- Start of picture text -----**
Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
**----- End of picture text -----**
## **Financial Review**
**----- Start of picture text -----**
Review of the charity’s Para 1.21 The charity’s financial position is
financial position at the robust
end of the period
Statement explaining the Para 1.22 The charity holds financial reserves to
policy for holding protect it against the effect of lean
reserves stating why they times
are held
Amount of reserves held Para 1.22 £10000
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially Para 1.24 N/A
in deficit
Explanation of any Para 1.23 The ongoing situation regarding Covid
uncertainties about the and potential lockdown raise a level of
charity continuing as a uncertainty.
going concern
**----- End of picture text -----**
## **Additional information (optional)**
You may choose to include further statements where relevant about:
The charity’s principal sources of funds Para 1.47 (including any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the Para 1.46 principal risks facing the charity Other
## **Structure, Governance and Management**
**----- Start of picture text -----**
Description of charity’s
trusts:
Type of governing Para 1.25 Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 Charitable Incorporated Organisation
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Elected by Trustee Quorum
methods including details
of any constitutional
provisions e.g. election to
post or name of any
person or body entitled
to appoint one or more
trustees
**----- End of picture text -----**
## **Additional information (optional)**
You may choose to include further statements where relevant about:
**----- Start of picture text -----**
Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
**----- End of picture text -----**
## **Reference and Administrative details**
**----- Start of picture text -----**
Charity name The Greyhound Shop
Other name the charity N/A
uses
Registered charity 1180862
number
**----- End of picture text -----**
**----- Start of picture text -----**
Charity’s principal 952 Wimborne Road
address Moordown
Bournemouth
BH9 2DG
**----- End of picture text -----**
## **Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Justin Caldwell Chair of trustees
2 Joy Hughes
3 Elizabeth Baker
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
Corporate trustees – names of the directors at the date the report was approved **Director name**
Name of trustees holding title to property belonging to the charity
**----- Start of picture text -----**
Trustee name Dates acted if not for whole
year
**----- End of picture text -----**
**Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** Justin Caldwell **Position (eg** Chair of Trustees **Secretary, Chair, etc)**
**Date** 27 Oct. 21
**Charity Number 1180862**
## **THE GREYHOUND SHOP**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**YEAR ENDED 31 JANUARY 2021**
**THE GREYHOUND SHOP**
**CONTENTS YEAR ENDED 31 JANUARY 2021**
||**Page**|
|---|---|
|Legal and administrative information|1|
|Annual chairperson's report|2|
|Independent examiner's report|3|
|Statement of financial activities|4|
|Balance sheet|5|
|Notes to the financial statements|6 - 7|
**THE GREYHOUND SHOP**
**page 1**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **CHARITY NUMBER**
1180862
## **PRINCIPAL OFFICE**
952 Wimborne Road Bournemouth Dorset BH9 2DG
## **TRUSTEES**
J Caldwell E C Baker R J Hughes
## **INDEPENDENT EXAMINER**
Phillip J Polden FCCA Brett Pittwood Chartered Certified Accountants Suite 8 Bourne Gate 25 Bourne Valley Road Poole Dorset BH12 1DY
**THE GREYHOUND SHOP**
**page 3**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES ON THE UNAUDITED FINANCIAL STATEMENTS OF THE GREYHOUND SHOP**
I report on the financial statements of The Greyhound Shop for the year ended 31 January 2021 which comprise the statement of financial activities, balance sheet and related notes on pages 4 to 7. These financial statements have been prepared under the historical cost convention and the accounting policies set out therein.
## **Respective responsibilities of trustees and examiner**
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
The charity's trustees consider that an audit is not required for this year.
I report in respect of my examination of the Trust’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 which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
. . . . . . . . . . . . . . . . . . . . . . . . . .
Phillip J Polden FCCA Chartered Certified Accountant Brett Pittwood Chartered Certified Accountants Suite 8 Bourne Gate 25 Bourne Valley Road Poole Dorset BH12 1DY
. . . . . . . . . . . . . . . . . . . . . . . . . . Date
**THE GREYHOUND SHOP**
**page 4**
## **STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 JANUARY 2021**
|**INCOMING RESOURCES**
**Incoming resources from charitable activities:**
Shop sales
Donations
Recycling income
Government grants
**Incoming resources from generated funds:**
Bank account interest
**RESOURCES EXPENDED**
**Direct costs:**
Purchases
Wages and salaries
Employers national insurance
Pension costs
**Governance costs:**
Rent
Rates
Light and heat
Insurance
Repairs and renewals
Telephone and internet
Computer expenses
Printing, postage and stationery
Subscriptions
Sundry expenses
Advertising
Accountancy
Bookkeeping and support services
Bank charges
Credit card charges
Depreciation
**NET INCOMING RESOURCES BEFORE DONATIONS**
Less: donations to related charities
**NET INCOMING RESOURCES**|**2021**
**Unrestricted**
**Funds**
33,258
-
1,189
20,220
54,667
115
54,782
2,018
17,208
1,206
339
(20,771)
6,600
-
1,494
735
817
279
315
462
158
86
174
840
1,372
206
637
83
(14,258)
19,753
(15,071)
£4,682|**2020**
**Unrestricted**
**Funds**
56,482
38
56,520
111
56,631
462
16,619
1,181
256
(18,518)
6,050
492
1,433
740
1,171
621
284
971
151
140
497
840
-
307
463
99
(14,259)
23,854
(18,166)
£5,688|**2020**
**Unrestricted**
**Funds**
56,482
38
56,520
111
56,631
462
16,619
1,181
256
(18,518)
6,050
492
1,433
740
1,171
621
284
971
151
140
497
840
-
307
463
99
(14,259)
23,854
(18,166)
£5,688|
|---|---|---|---|
||||56,520
111|
||||56,631
(18,518)
(14,259)|
||||23,854
(18,166)|
||||£5,688|
**THE GREYHOUND SHOP**
**page 5**
## **BALANCE SHEET AS AT 31 JANUARY 2021**
|**Note**
**FIXED ASSETS**
4
**CURRENT ASSETS**
Debtors
5
Bank current account
Cash
**CREDITORS: amounts falling due**
**within one year**
Creditors and accruals
6
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**CREDITORS: amounts falling due**
**after one year**
Unsecured loan
**NET ASSETS**
**RESERVES**
**Unrestricted funds:**
Surplus brought forward
Surplus for the year
Surplus carried forward|1,029
16,516
167
£17,712
1,809
£1,809|**2021**
467
15,903||485
11,541
142
£12,168
1,030
£1,030|**2020**
550
11,138|
|---|---|---|---|---|---|
||||||11,688
(6,000)|
||||||£5,688|
||||||-
5,688|
||||||£5,688|
These financial statements were approved by the Trustees on . . . . . . . . . . . . . . . . . . . and signed on its behalf by:
. . . . . . . . . . . . . . . . .
**J Caldwell Chair of Trustees**
**THE GREYHOUND SHOP**
**page 6**
**NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JANUARY 2021**
## **1. ACCOUNTING POLICIES**
## **a) Accounting convention**
The financial statements are prepared under the historical cost convention and the Charities Acts. They follow the recommendations in 'Accounting and Reporting by Charities: Statement of Recommended Practice' issued in 2005, and comply with Charities (Accounts and Reports) Regulations 2005 issued under the Charities Act 1993.
The charity has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it is a small charity.
## **b) Incoming resources**
All income apart from donations is included in full in the financial statements when receivable. Donations are included when received.
## **c) Resources expended**
Resources expended, including irrecoverable VAT, are recognised in the year in which they are incurred.
Governance costs are those incurred in connection with the administration of the charity and compliance with constitutional and statutory requirements.
d) **Depreciation**
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
**Asset class Depreciation method** Furniture and equipment 15% reducing balance
## **2. TRUSTEES' EMOLUMENTS**
Neither the trustees nor any persons connected with them have received remuneration during the year. No expenses have been reimbursed to the trustees during the year.
## **3. INDEPENDENT EXAMINER**
Accountancy fees includes a provision of £840 in respect of the preparation and the independent examination of these financial statements. No other financial services were provided by the independent examiner.
**THE GREYHOUND SHOP**
**page 7**
## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JANUARY 2020**
## **4. FIXED ASSETS**
|**Cost**
As at 1 February 2020
Additions
As at 31 January 2021
**Depreciation**
As at 1 February 2020
Charge for the year
As at 31 January 2021
**NET BOOK VALUE AS AT 31/01/21**
**5.**
**DEBTORS**
Other debtors
**6.**
**CREDITORS AND ACCRUALS**
PAYE
Accountancy and independent examination fees|**Furniture &**
**Equipment**
-
646|
|---|---|
||646|
||-
96|
||96|
|||
||550|
||**2020**
£485|
||190
840|
||£1,030|
## **7. RELATED PARTY TRANSACTIONS**
During the year the charity made payments to a trustee for bookkeeping and support services amounting to £1,372.
**Charity Number 1180862**
## **THE GREYHOUND SHOP**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**YEAR ENDED 31 JANUARY 2021**
**THE GREYHOUND SHOP**
**CONTENTS YEAR ENDED 31 JANUARY 2021**
||**Page**|
|---|---|
|Legal and administrative information|1|
|Annual chairperson's report|2|
|Independent examiner's report|3|
|Statement of financial activities|4|
|Balance sheet|5|
|Notes to the financial statements|6 - 7|
**THE GREYHOUND SHOP**
**page 1**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **CHARITY NUMBER**
1180862
## **PRINCIPAL OFFICE**
952 Wimborne Road Bournemouth Dorset BH9 2DG
## **TRUSTEES**
J Caldwell E C Baker R J Hughes
## **INDEPENDENT EXAMINER**
Phillip J Polden FCCA Brett Pittwood Chartered Certified Accountants Suite 8 Bourne Gate 25 Bourne Valley Road Poole Dorset BH12 1DY
**THE GREYHOUND SHOP**
**page 3**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES ON THE UNAUDITED FINANCIAL STATEMENTS OF THE GREYHOUND SHOP**
I report on the financial statements of The Greyhound Shop for the year ended 31 January 2021 which comprise the statement of financial activities, balance sheet and related notes on pages 4 to 7. These financial statements have been prepared under the historical cost convention and the accounting policies set out therein.
## **Respective responsibilities of trustees and examiner**
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
The charity's trustees consider that an audit is not required for this year.
I report in respect of my examination of the Trust’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 which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
. . . . . . . . . . . . . . . . . . . . . . . . . .
Phillip J Polden FCCA Chartered Certified Accountant Brett Pittwood Chartered Certified Accountants Suite 8 Bourne Gate 25 Bourne Valley Road Poole Dorset BH12 1DY
. . . . . . . . . . . . . . . . . . . . . . . . . . Date
**THE GREYHOUND SHOP**
**page 4**
## **STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 JANUARY 2021**
|**INCOMING RESOURCES**
**Incoming resources from charitable activities:**
Shop sales
Donations
Recycling income
Government grants
**Incoming resources from generated funds:**
Bank account interest
**RESOURCES EXPENDED**
**Direct costs:**
Purchases
Wages and salaries
Employers national insurance
Pension costs
**Governance costs:**
Rent
Rates
Light and heat
Insurance
Repairs and renewals
Telephone and internet
Computer expenses
Printing, postage and stationery
Subscriptions
Sundry expenses
Advertising
Accountancy
Bookkeeping and support services
Bank charges
Credit card charges
Depreciation
**NET INCOMING RESOURCES BEFORE DONATIONS**
Less: donations to related charities
**NET INCOMING RESOURCES**|**2021**
**Unrestricted**
**Funds**
33,258
-
1,189
20,220
54,667
115
54,782
2,018
17,208
1,206
339
(20,771)
6,600
-
1,494
735
817
279
315
462
158
86
174
840
1,372
206
637
83
(14,258)
19,753
(15,071)
£4,682|**2020**
**Unrestricted**
**Funds**
56,482
38
56,520
111
56,631
462
16,619
1,181
256
(18,518)
6,050
492
1,433
740
1,171
621
284
971
151
140
497
840
-
307
463
99
(14,259)
23,854
(18,166)
£5,688|**2020**
**Unrestricted**
**Funds**
56,482
38
56,520
111
56,631
462
16,619
1,181
256
(18,518)
6,050
492
1,433
740
1,171
621
284
971
151
140
497
840
-
307
463
99
(14,259)
23,854
(18,166)
£5,688|
|---|---|---|---|
||||56,520
111|
||||56,631
(18,518)
(14,259)|
||||23,854
(18,166)|
||||£5,688|
**THE GREYHOUND SHOP**
**page 5**
## **BALANCE SHEET AS AT 31 JANUARY 2021**
|**Note**
**FIXED ASSETS**
4
**CURRENT ASSETS**
Debtors
5
Bank current account
Cash
**CREDITORS: amounts falling due**
**within one year**
Creditors and accruals
6
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**CREDITORS: amounts falling due**
**after one year**
Unsecured loan
**NET ASSETS**
**RESERVES**
**Unrestricted funds:**
Surplus brought forward
Surplus for the year
Surplus carried forward|1,029
16,516
167
£17,712
1,809
£1,809|**2021**
467
15,903||485
11,541
142
£12,168
1,030
£1,030|**2020**
550
11,138|
|---|---|---|---|---|---|
||||||11,688
(6,000)|
||||||£5,688|
||||||-
5,688|
||||||£5,688|
These financial statements were approved by the Trustees on . . . . . . . . . . . . . . . . . . . and signed on its behalf by:
. . . . . . . . . . . . . . . . .
**J Caldwell Chair of Trustees**
**THE GREYHOUND SHOP**
**page 6**
**NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JANUARY 2021**
## **1. ACCOUNTING POLICIES**
## **a) Accounting convention**
The financial statements are prepared under the historical cost convention and the Charities Acts. They follow the recommendations in 'Accounting and Reporting by Charities: Statement of Recommended Practice' issued in 2005, and comply with Charities (Accounts and Reports) Regulations 2005 issued under the Charities Act 1993.
The charity has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it is a small charity.
## **b) Incoming resources**
All income apart from donations is included in full in the financial statements when receivable. Donations are included when received.
## **c) Resources expended**
Resources expended, including irrecoverable VAT, are recognised in the year in which they are incurred.
Governance costs are those incurred in connection with the administration of the charity and compliance with constitutional and statutory requirements.
d) **Depreciation**
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
**Asset class Depreciation method** Furniture and equipment 15% reducing balance
## **2. TRUSTEES' EMOLUMENTS**
Neither the trustees nor any persons connected with them have received remuneration during the year. No expenses have been reimbursed to the trustees during the year.
## **3. INDEPENDENT EXAMINER**
Accountancy fees includes a provision of £840 in respect of the preparation and the independent examination of these financial statements. No other financial services were provided by the independent examiner.
**THE GREYHOUND SHOP**
**page 7**
## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JANUARY 2020**
## **4. FIXED ASSETS**
|**Cost**
As at 1 February 2020
Additions
As at 31 January 2021
**Depreciation**
As at 1 February 2020
Charge for the year
As at 31 January 2021
**NET BOOK VALUE AS AT 31/01/21**
**5.**
**DEBTORS**
Other debtors
**6.**
**CREDITORS AND ACCRUALS**
PAYE
Accountancy and independent examination fees|**Furniture &**
**Equipment**
-
646|
|---|---|
||646|
||-
96|
||96|
|||
||550|
||**2020**
£485|
||190
840|
||£1,030|
## **7. RELATED PARTY TRANSACTIONS**
During the year the charity made payments to a trustee for bookkeeping and support services amounting to £1,372.