TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2022
EDMUND CARR LLP Chartered Accountants 146 New London Road Chelmsford Essex CM2 0AW
THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE
YEAR ENDED 31 DECEMBER 2022
CONTENTS
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|Charity information|1|
|Trustees' report|2|
|Independent Examiner's report to the Trustees|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the financial statements|8|
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THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE CHARITY INFORMATION YEAR ENDED 31 DECEMBER 2022
The Trustees have the pleasure in presenting their report and financial statements of the Charity for the year ended 31st December 2022.
REFERENCE AND ADMINISTRATIVE INFORMATION
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|Charity Name|The Red Foundation - Emergency Dachshund Rescue|
|Charity Number|11881158|
|Address|The Barn|
|Pentlow|
|Sudbury|
|Suffolk|
|CO10 7JJ|
|Trustees|V Wilson|(Chairman)|
|H Boland|
|K Snares|
|S Alton|(resigned 30th May 2023)|
|L Carnell|(resigned 9th February 2023)|
|S Compton|(resigned 23rd March 2023)|
|C Tannetta|(appointed 22 April 2022)|
|K Abrams|(appointed 31 May 2022)|
|L Churchyard|(appointed 4 May 2023)|
|E Wishart|(appointed 4 May 2023)|
|Independent Examiner|Sandra Morrell FCCA|
|Edmund Carr LLP|
|146 New London Road|
|Chelmsford|
|Essex CM2 0AW|
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1
THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE
TRUSTEES' REPORT
YEAR ENDED 31 DECEMBER 2022
OBJECTIVES AND ACTIVITIES
Our principal objective is to relieve the suffering of Dachshund and Dachshund Cross Breeds throughout the UK 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 surrendered to, or rescued by us. Also to promote humane behaviour towards Dachshund and Dachshund Cross Breeds throughout the UK by providing appropriate care, protection, treatment and security for animals which are in need of care and attention by reason of sickness, maltreatment, poor circumstances or ill-usage and to educate the public in matters pertaining to animal welfare in general and the prevention of cruelty and suffering among animals. The Trustees confirm that the activities of the charity are undertaken to achieve the charity’s aims with regard to the public benefit guidance issued by The Charity Commission.
ACHIEVEMENTS AND PERFORMANCE
2022 was extremely challenging for The Red Foundation in terms of volume of dogs needing new homes. In the first 6 months of the year we were averaging 1 surrender a day, which resulted in us having to introduce a waiting list which is something we never thought we would have to do. That waiting list still remains in place and on average has 10 dogs at any one time waiting for a case worker to have capacity to work on their case. The waiting list being in place did slow down surrenders, as people most likely sought out other rescues who could help them quicker, but our total dogs surrendered in 2022 was 260 which was 44 more than 2021.
To help reduce the waiting list we have taken several steps.
We have recruited new case workers twice this year to increase our team, and hope that when our newest team members are up to speed, this waiting list can be cut down dramatically or even removed.
We recently added a “Dogs Needing a Home” section to our website and Trustee Eileen is publishing details of each dog on social media as soon as we receive the surrender. This is already helping to speed the process up as potential adopters email in to express their interest meaning that once a case worker has capacity to start the case they do not need to rely solely on looking through our database to find the perfect home. We identified several years ago that applications to the database can quickly become out of date and before introducing the website section and social media posting for all dogs, it could be soul destroying to find that all the perfect homes on the database are no longer looking to adopt, or their situations had changed meaning they were no longer the perfect match.
To streamline our database we have also begun the process of removing applications that are over 2 years old and emailing the applicants to ask them to reapply with up to date information if they still wish to adopt from us.
Medical and IVDD surrenders continued in 2022, which included some very rare and challenging cases. One of these cases was Crunchie who had atlantoaxial instability. His treatment is still ongoing but we are hopeful for a positive outcome for him. Due to so many medical dogs like Crunchie requiring expensive treatment we applied, and were successful in securing 3 Grants which were extremely helpful but also quickly spent on our lifetime medical dogs. Crunchie's treatment has already cost nearly £20,000 and we expect at least one more operation for him. We are very lucky to have one of our Trustees Katy who deals with the majority of the medical dogs needing our help, often at very short notice. She works tirelessly dealing with the current owners, specialist vets and the logistics of foster or adoption homes and the support they will need going forward.
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THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE
TRUSTEES' REPORT (continued)
YEAR ENDED 31 DECEMBER 2022
In addition to Grants we have also been working on a sponsorship programme to help fund the ongoing costs of our lifetime care dogs. This was nearly at the point of launch when we had the sad news that Spesh our “poster boy” for living life to the full despite having disabilities had sadly passed away. This news was devastating to the team and Spesh’s mum and came as a huge shock. To honor his memory we launched “Spesh’s Legacy” in 2023 which will be an ongoing fundraiser for our medical dogs. We kick started it with a Virtual Balloon Race, Online Quiz and Coronation Walks and took the unanimous decision as a team to include the sponsorship programme under Spesh’s Legacy. We have had an amazing response to the Sponsorship Campaign and hope to continue to grow the monthly financial support this can provide. We have a lot of exciting ideas for Spesh’s Legacy campaign for the next few years to not only raise much needed funds but also remember Spesh and keep his memory alive - one of which is a Sky Dive by Spesh’s Mum and Trustee Eileen and team member Lisa!!
So far Spesh’s Legacy has raised over £5,400.
Due to the cost of living crisis and number of medical dogs on our books we have been branching out in our fundraising campaigns and this year have seen some successful and promising events that we hope to continue into the future.
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In October we joined forces with Dachshund Health UK and The Daxington Post to promote Dachtober. The Red Foundation organised A Halloween Virtual Balloon Race, A Hallo’weiner Fund Dog Show and Hallo’weiner Dog Walks. Our fundraising raised nearly £2,000 and half of this was sent to Dachshund Health UK. In 2023 we will do something similar.
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Trustee Caroline secured us a gambling license and after some intensive research, launched our own lottery via One Lottery. The Lottery was only launched at the very end of 2022 and so far has raised £1,073.50.
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London Landmarks Half Marathon - We had 27 Runners in the event this year which raised over £12,000. The Red Foundation had a cheer station for the event and were supported by some friends and family of runners, including some of our adopters and their Dachshunds! Our runners were easy to spot with their custom Red Foundation running vests designed and printed by Trustee Kelly. We have already secured spots for the 2024 event and hope to raise the same or more next year.
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Our Christmas Cards have always sold really well and raised us much needed funds, so this year we launched an appeal for people to design a new card for Christmas 2022. The entries were all put to the public vote and we had such an amazing response to the designs that we chose to print 2 new designs. This was further expanded when one of the winning designers read the comments from supporters who found it hard to get Christmas Cards with Wire Haired Dachshunds & Long Haired Dachshunds on. Their wishes were granted and we added 3 more designs to create a gorgeous set of 4 from that designer. All cards once again sold really well and in 2022 the shop sales raised over £7,000.
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One of our new Trustees Leanne has been running our Online Auction Page for a number of years now, and in 2022 it raised over £7,000. Along with donations made by supporters for us to sell in the Auction, this year Leanne has been sourcing stock and making up packs and hampers to generate higher bids due to the postage costs involved in individual items - this has been very successful so far and something that she will continue with. Leanne also attends Car Boot sales a few times a year to sell surplus items that have not sold in the Auction!
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THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE
TRUSTEES' REPORT (continued)
YEAR ENDED 31 DECEMBER 2022
- At the end of 2022 we lit up our very first Tree of Remembrance. In the last few months of the year our supporters had the opportunity to buy a shaped acrylic dachshund, heart or star from us, and dedicate it to a Dachshund, other breed, species or even person. Each shape was hand engraved with the name and dates if specified, and hung on a dedicated tree which was also decorated with fairy lights. On Christmas Eve and New Years Eve we lit the tree up and shared the photos and videos on our social media as a poignant reminder of those we have lost as we went into a new year. After Christmas the shapes were taken down, cleaned and packaged up and sent to the purchaser for them to use on their own Christmas Trees in 2023. The Tree of Remembrance raised over £1,000.
Funding and fundraising is still one of our main priorities as a charity to ensure we can continue to accept new medical cases and have enough funds in reserve to support our ever growing list of Lifetime Care Dogs. We currently have 241 dogs on our list, and unfortunately the ever present risk of repeat episode of IVDD and other illnesses mean our outgoings on a monthly basis continue to grow. We expect the number of medical dogs surrendered to us to continue to rise, due to the cost of living and owners being unable to afford adequate insurance. We will continue to monitor our outgoings and incoming cases to ensure we are never in a position that funds are not there to support our current dogs.
FINANCIAL REVIEW
Total income for 2022 was £263,304 (up £73,000 on 2021). Total expenditure for 2022 was £226,109 (up £83,000 on 2021)
The majority of our costs were vets’ fees, totaling £195,709, the majority of this made up of IVDD & Lifetime Care dogs totaling £116,611.
Reserves Policy
We currently have 241 Lifetime Care Dogs in our care (this includes IVDD) and the number is continuing to grow. Reserves are required to fund the care of these dogs as well as our other charitable activities. The reserves balance of £186,960 at the end of 2022 which the Trustees consider to be sufficient to meet current commitments.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Red Foundation is a Charitable Incorporated Organisation and is governed by its constitution dated 13[th] December 2018.
New trustees are appointed by a resolution passed at a meeting of the existing trustees. In selecting individuals for appointment, the trustees have regard to the skills, knowledge and experience needed for the effective administration of the CIO. The trustees make available to each new trustee, on or before his or her first appointment:
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A copy of the current version of the constitution; and
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A copy of the CIO’s latest Trustees’ Annual report and statement of accounts
This annual report was approved by the trustees of the Charity on 25 October 2023 and is signed on their behalf by
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V Wilson (Chairman)
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THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
YEAR ENDED 31 DECEMBER 2022
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2022 which are set out on pages 6 to 11.
Responsibilities and basis of report
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’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 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
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
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 the charity 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 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.
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Sandra Morrell FCCA
Edmund Carr LLP 146 New London Road Chelmsford CM2 0AW
26 October 2023
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THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 DECEMBER 2022
| Note £ £ INCOME from: Donations and legacies: 2 146,569 19,000 Charitable activities 3 79,501 - Trading activities 4 18,234 - TOTAL INCOME 244,304 19,000 EXPENDITURE on: Raising funds 7,855 - Charitable activities 5 210,889 7,365 TOTAL EXPENDITURE 218,744 7,365 NET INCOME/(EXPENDITURE)/ 25,560 11,635 NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS Total funds brought forward 149,765 - Total funds carried forward 175,325 11,635 Unrestricted Restricted Funds Funds |
Total Funds £ 165,569 79,501 18,234 263,304 7,855 218,254 226,109 37,195 149,765 186,960 2022 |
Total Funds 2021 £ 131,270 49,923 8,625 189,818 612 142,762 143,374 46,444 103,321 149,765 |
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All income and expenditure in 2021 was unrestricted.
The notes on pages 8 to 11 form part of these financial statements.
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THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE
BALANCE SHEET
AS AT 31 DECEMBER 2022
| Note CURRENT ASSETS Cash at bank Debtors 8 CREDITORS: Amounts falling due 9 within one year NET CURRENT ASSETS NET ASSETS FUNDS OF THE CHARITY Restricted 10 Unrestricted TOTAL CHARITY FUNDS |
£ £ 181,772 8,638 190,410 3,450 186,960 186,960 11,635 175,325 186,960 2022 |
£ £ 149,374 1,466 150,840 1,075 149,765 149,765 - 149,765 149,765 2021 |
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These financial statements were approved by the Trustees on 25 October 2023 and signed on their behalf by:
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Vicky Wilson
Trustee
The notes on pages 8 to 11 form part of these financial statements.
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THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE
NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022
1. ACCOUNTING POLICIES
Basis of accounting
The accounts (financial statements) have been prepared in accordance with the statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.
The accounts for the year ended 31 December 2022 have been prepared on an accruals basis as income has exceeded £250,000. The accounts for the year ended 31 December 2021 were prepared on a receipts and payments basis. Comparatives have therefore been restated on an accruals basis.
The accounts (financial statements) have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The Red Foundation is a Charitable Incorporated Organisation (CIO). It is a registered charity and meets the definition of a public benefit entity under FRS 102.
Going concern
The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.
Incoming Resources
Donations are recognised when receivable.
Resources Expended
All expenditure is accounted for on an accruals basis. The majority of costs are attributable to specific charitable activities. Governance costs are associated with the governance arrangements of the charity.
Debtors and creditors
Trade and other debtors are recognised at the settlement amount due. Creditors are recognised at their settlement amount.
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THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 DECEMBER 2022
1. ACCOUNTING POLICIES (continued)
Fund accounting
Funds held by the charity are either:
Unrestricted general funds – these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.
Designated funds – these are funds set aside by the trustees out of unrestricted funds for specific future purposes or projects.
Restricted funds – these are funds that can only be used for particular restricted purposes within the objects of the charity.
Taxation
As the Association is a charity, it is exempt from taxation, other than VAT, to the extent that any income and gains are applied to its charitable objectives.
2. DONATIONS AND LEGACIES
| General donations and gift aid Grants |
Unrestricted Funds £ 146,569 - 146,569 |
Restricted Funds £ - 19,000 19,000 |
Total Funds 2022 £ 146,569 19,000 165,569 |
Total Funds 2021 £ 131,270 - 131,270 |
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3. INCOME FROM CHARITABLE ACTIVITES
| Adoption donations | Unrestricted Funds £ 79,501 79,501 |
Restricted Funds £ - - |
Total Funds 2022 £ 79,501 79,501 |
Total Funds 2021 £ 49,923 49,923 |
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THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 DECEMBER 2022
4. INCOME FROM RAISING FUNDS
| Auction income Shop income |
Unrestricted Funds £ 7,678 10,556 18,234 |
Restricted Funds £ - - - |
Total Funds 2022 £ 7,678 10,556 18,234 |
Total Funds 2021 £ 6,715 1,910 8,625 |
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| 5. CHARITABLE EXPENDITURE Vet fees Other dog welfare costs Advertising and website Office and administration Travel and accommodation Governance costs (note 6) |
Unrestricted Funds £ 188,344 3,409 2,476 12,745 150 3,765 210,889 |
Restricted Funds £ 7,365 - - - - - 7,365 |
Total Funds 2022 £ 195,709 3,409 2,476 12,745 150 3,765 218,254 |
Total Funds 2021 £ 133,113 3,320 1,445 3,284 525 1,075 142,762 |
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| 6. GOVERNANCE COSTS Fees payable to independent examiner Legal and professional fees |
Total Funds 2022 £ 2,250 1,515 3,765 |
Total Funds 2021 £ 1,075 - 1,075 |
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THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 DECEMBER 2022
7. TRUSTEES' REMUNERATION
Payments totalling £7,840 were made to Vicky Wilson (Trustee) in the year in respect of administration services provided (2021 - £1,280).
8. DEBTORS
| Trade debtors VAT |
2022 £ 50 8,588 8,638 |
2021 £ 50 1,416 1,466 |
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9. CREDITORS: Amounts falling due within one year
| Accruals 10. RESTRICTED FUNDS a) Medical costs fund |
1 Jan 2022 £ - Balance at |
Incoming £ 19,000 |
2022 £ 3,450 3,450 Outgoing £ (7,365) |
2021 £ 1,075 1,075 £ 11,635 Balance at 31 Dec 2022 |
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- a) Grants were received in 2022 from Pets at Home Foundation, Jean Sainsbury Trust and Animal Friends Foundation towards the payment of vet fees.
All funds received in 2021 were unrestricted
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