2021-08-31-accounts - Greenacres Rescue Limited

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						Pages
Trustees'	annual report (incorporating		the	directors'	report)	1to2
Independent examiner's report to the			trustees			3to 4
Statement	offinancial activities	(including		income	and expenditure
account)
Statement	offinancial position					6to7
Statement	ofcash flows
Notes to	the financial statements					9to 17

Year ended 31 August	1
				2021		2020
			Unrestricted	Restricted
		Note	funds f	funds f	Total funds f	Total funds f
Income and endowments Donations and legacies Charitable activities Investment income Other income		5 6 7 8	481,219 127,956 650		481,219 127,956 650	285,915 131,064 3
Total income			609,825		609,825	416,982
Expenditure
Expenditure on raising funds: Costs of other trading activities Expenditure on charitable activities		9 10,11	2,429 482,050	1,440	2,429 483,490	2,393 351,334
Total expenditure			484,479	1,440	485,919	353,727
Net income and net movement	in funds		125,346	(1,440)	123,906	63,255
Reconciliation of funds Total funds brought forward			130,359	1,440	131,799	68,544
Total funds carried forward			255,705		255,705	131,799

Statement of Fina 31 August 2021	nciai Position
				2021	2020
			Note
Fixed assets Tangible fixed assets				360,891	23,702
Current assets Debtors Cash at bank and in hand			17	63,277 41,040	40,088 72,013
				104,317	112,101
Creditors: amounts	falling due within	one year	18	(11,054)	(4,004)
Net current assets				93,263	108,097
Total assets less current liabilities				454,154	131,799
Creditors: amounts	falling due after	more than one year	19	(198,449)
Net assets				255,705	131,799
Funds ofthe charity Restricted funds Unrestricted funds				255,705	1,440 130,359
Total charity funds			22	255,705	131,799

Greenacres Rescue Limited
Company Limited by Guarantee
Statement ofCash Flows
Year ended 31 August 2021
		2021	2020
		F	E
Cash flows from operating activities Net income		123,906	63,255
Adjustments for: Depreciation oftangible fixed assets Government grant income Other interest receivable and similar income Interest payable and similar charges		27,155 (27,951) 2,611	7,900 (27,089) (3)
Changesin: Trade and other debtors Trade and other creditors		(23,189) 5,499	1,754 (5,147)
Cash generated from operations		108,031	40,670
interest paid		(2,611}
Interest received
Net cash from operating activities		105,420	40,673
Cash flows from investing activities Purchase oftangible assets		(364,344)
Net cash used in investing activities		(364,344)
Cash flows from financing activities Proceeds from borrowings Government grant income		200,000 27,951	27,089
Net cash from financing activities		227, 95'I	27,089
Net (decrease)/increase in cash and cash Cash and cash equivalents at beginning	equivalents of year	(30,973) 72,013	67,762 4,251
Cash and cash equivalents at end ofyear		41,040	72,013

5.	Donations	and le	gacies
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2021	Funds	2020
					F			E
	Donations Donations				278,613	278,613	247,326	247,326
	Legacies Legacies				174,655	174,655
	Grants Support Adoption for Pets Kennel Club grant Charities Aid Foundation Government grant income			grant grant	27,951	27,951	5,000 1,500 5,000 27,089	5,000 1,500 5,000 27,089
					481,219	481,219	285,915	285,915
6.	Charitable	activities
					Unrestricted	Total Funds	Unrestncted	Total Funds
					Funds	2021	Funds	2020
					f	E	E
	Shop income and Other income		online sales		124,880 3,076	124,880 3,076	128,359 2,705	128,359 2,705
					127,956	127,956	'!31,064	131,064
7,	investment	income
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds F	2021 f	Funds f	2020
	Bank interest receivable						3	3

8.	Other income
							Unrestricted	Total Funds	Llnrestricted	Total Funds
							Funds	2021	Funds	2020
							F
	Rent income						650	650
9.	Costs ofother trading		activities
							Unrestncted	Total Funds	Unrestricted	Total Funds
							Funds	2021	Funds	2020
								E		E
	Costs ofother and publicity	trading	activities		—Advertising		2,429	2,429	2,393	2,393
10.	Expenditure	on charitable		activities		by fund	type
								Unrestricted	Restricted	Total Funds
								Funds	Funds	2021
	Activity casts Support costs							481,134 916	1,440	482,574 916
								482,050	1,440	483,490
								Unrestricted	Restricted	Total Funds
								Funds	Funds	2020
								E		E
	Activity costs Support costs							350,418 916		350,418 916
								351,334		351,334
11.	Expenditure	on charitable		activities		by activity type
							Activities
							undertaken		Total funds
							directly	Support costs	2021	Total fund 2020
							E		E	F
	Activity costs Governance	costs					482,574	916	482,574 916	350,418 916
							482,574	916	483,490	351,334
12.	Net income
	Net income is stated		after	charging/(crediting			j:		2021	2020
										F
	Depreciation	oftangible fixed			assets				27,155	7,900

13.	Independent exami	natio	n	fees
								2021	2020
								F
	Fees payable to the independent examiner for: Independent examination ofthe financial statements							916
14.	Staff costs
	The total staff costs	and	employee		benefits for the reporting		period are analysed	as follows: 2021	2020
	Wages and salaries Employer contributions		to	pension	plans			103,433 1,015	86,412 664
								104,448	87,076
	The average head count of employees during equivalent employees during the year is analysed					the year was 9 (2020: 9). The average number as follows: 2021			2020 of full-time
								No.	No.
	Number of staff							9	9

Tangible fixed assets
			Fixtures,
	Freehold	Motor	fittings and	Kennel
	pi'operty	vehicles	equipment	project	Total
		f.	E.
Cost At 1 September 2020 Additions	303,728	9,000 13,914	6,402	39,083 46,702	54,485 364,344
At 31August 2021	303,728	22,914	6,402	85,785	418,829
Depreciation At 1 September 2020 Charge for the year	6,075	4,359 4,639	4,002 600	22,422 15,841	30,783 27,155
At 31August 2021	6,075	8,998	4,602	38,263	57,938
Carrying amount At 31 August 2021	297,653	13,916	1,800	47,522	360,891
At 31 August 2020		4,641	2,400	16,661	23,702

			2021
			F
Bank loans and Trade creditors Social security Other creditors	overdrafts and other	(secured) taxes	1,551 7,384 472 1,647	3,182
			11,054	4,004

Theamounts	recognised inthe financi	al statements	grants are as follows:
			2021	2020
			F	F
Recognised Government	in income from donations grants income	and legacies:	27,951	27,089

			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
			E
	Tangible fixed assets Current assets Creditors less than 1 Creditors greater than	year 1 year	360,891 104,317 (11,054) (198,449)		360,891 104,317 (11,054) (198,449)
	Net assets		255,705		255,705
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2020
	Tangible fixed assets Current assets Creditors less than 1 year Creditors greater than 1 year		23,702 110,661 (4,004)	1,440	E 23,702 112,10'l (4,004)
	Net assets		130,359	1,440	131,799
24.	Analysis ofchanges	in net debt
					At
			At 1 Sep 2020	Cash flows	31Aug 2021
				E'
	Cash at bank and in hand Debt due within one year Debt due after one year		72,013	(30,973) (1,551) (198,449)	41,040 (1,551) (198,449)
			72,013	(230,973)	(158,960)