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2023-12-31-accounts

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2023

EDMUND CARR LLP Chartered Accountants 146 New London Road Chelmsford Essex CM2 0AW

THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE

YEAR ENDED 31 DECEMBER 2023

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 2023

The Trustees have the pleasure in presenting their report and financial statements of the Charity for the year ended 31st December 2023.

REFERENCE AND ADMINISTRATIVE INFORMATION

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|||| |---|---|---| |Charity Name|The Red Foundation - Emergency Dachshund Rescue| |Charity Number|1181158| |Address|The Barn| |Pentlow| |Sudbury| |Suffolk| |CO10 7JJ| |Chairman|S Compton|(Appointed 1st April 2024)| |Trustees|V Wilson| |K Abrams| |L Churchyard|(Appointed 4 May 2023)| |E Wishart|(Appointed 4 May 2023)| |H Boland|(Resigned 8th February 2024)| |K Snares|(Resigned 14th November 2023)| |C Tannetta|(Resigned 5th October 2023)| |S Compton|(Appointed 1 April 2024)| |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 2023

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 illusage 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

2023 was once again extremely challenging for The Red Foundation in terms of volume of dogs needing new homes and case worker capacity. Our waiting list remains in place, and we do not see an end to this process in the near future. Like most rescues we are working at capacity and our resources are stretched to the maximum.

Unfortunately we suffered the loss of a large number of case workers during 2023 due to personal commitments and unforeseen circumstances, however in April 2024 we took on 8 new case workers to resolve this issue and will continue to train new case workers to ensure our levels of active rehomers do not drop so substantially again.

We also took steps to relieve the pressure on the team from the large number of surrender calls that are required weekly by creating a team of trusted adopters who have been through the process themselves to deal with these calls. This is working well and adds an extra layer of information to our paper trail too.

The total number of dogs we were able to help in 2023 dropped considerably due to the caseworker issues to 133, however 2024 looks to be much busier and our rehoming numbers have increased with the new influx of case workers. We are finding rehoming generally takes much longer than previous years due to the lack of suitable homes available, and often the need for no other animal and children homes which are fewer and fewer.

Our lifetime care numbers continue to grow year on year, with the number of dogs currently suffering from IVDD, or have had it in the past being one of the main medical reasons on surrender. Our lifetime and medical dogs now number 284 and therefore funding and fundraising are still extremely vital to ensure that we can cover any costs associated with these dogs.

In April we had 15 runners in London Landmarks Half Marathon, which was half the amount of the previous year, but £6,500 was still raised through this event, and we have 15 entries secured for 2025 again. Trustee Eileen attended on the day to cheer the team on and they were easy to spot in their custom “The Red Foundation” running tops printed by Trustee Katy.

Our lottery continues to run and raises funds monthly, however this hasn't taken off quite as well as expected, but we continue to advertise it to hopefully encourage new players. We are very grateful that it seems most people donate their winnings back to us when they win small prizes. So far the lottery has raised over £3,000 since its launch.

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THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE

TRUSTEES' REPORT (continued)

YEAR ENDED 31 DECEMBER 2023

We continue to raise funds via our online shop and online Auction run by Trustee Leanne who works tirelessly sourcing new products for us to sell. Christmas is our busiest season, but with Leanne's input we are selling items year round now. In 2023 the shop raised £7,305 and the auction raised £5,404. Leanne also attends car boot sales from time to time to sell some of the used coats and harnesses we get donated that do not sell in the auction!

During 2023 we ran 4 fundraising events via our Enthuse fundraising hub under the banner of “Spesh’s Legacy". Combined they raised £4,599 and we are continuing fundraising events into 2024 onwards.

In December 2023 we once again lit up our Tree of Remembrance and this year added in coloured writing as an option which was very popular. We intend to do this every year and in 2023 it raised £561.

In May 2024 we launch “Wolfies Wish” a new fundraising campaign to help towards the cost of behaviour support for our fostered and adopted dogs. Wolfie was a dachshund who struggled with fear and anxiety throughout his life, and his mum Anna generously donated £2,500 in Wolfies name to start the fundraising off. We intend to run several fundraising events in 2024 to add to this fund. Our Enthuse Platform has proved to be very successful and has given us the ability to run ticketed events, and also for our supporters to set up direct debits via the page. So far the total raised on Enthuse is £39,100.

We introduced Adoption Packs in 2023 which are a big hit with our adopters. These include a “New Home” pack from Pet Remedy, toys, treats and natural supplements tailored to each dogs requirements. We are very lucky that our supporters donate the majority of the contents of these boxes via our Amazon Wish List, although the volume delivered can be overwhelming and we are currently looking at storage options at our HQ as the storage we currently use is coming to an end. We also utilize the Wish List throughout the year when needed, such as in 2024 we were asked to take on a litter of day old puppies to hand rear. Our wishlist provided them with everything they and the wonderful fosterer Rachel needed to thrive, and it sold out in record time!

In April we changed the structure of our board of Trustees to provide robust oversight of the running of the charity in order to ensure we are achieving our objectives and Samantha Compton came on board as the New Chair. We will also be adding to the board a number of “silent Trustees” who have specialist skills in the coming months.

Financial Review

Total income for 2023 was £188,895 (down £74,409 on 2022).

Total expenditure for 2023 was £203,665 (down £22,444 on 2022).

The majority of our costs were vets’ fees, totalling £175,313, the majority of this made up of IVDD & Lifetime Care dogs totalling £125,868.

Reserves Policy

We currently have 284 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 at the end of 2023 was £172,190 which the Trustees consider sufficient to meet current commitments.

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THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE

TRUSTEES' REPORT (continued)

YEAR ENDED 31 DECEMBER 2023

Structure, Governance and Management

The Red Foundation is a Charitable Incorporated Organisation and is governed by its constitution dated 13th 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:

A copy of the current version of the constitution; and

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 24 September 2024 and is signed on their behalf by

...................................................

S Compton (Chairman)

4

THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

YEAR ENDED 31 DECEMBER 2023

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2023 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

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:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. 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.

...................................

Sandra Morrell FCCA

Edmund Carr LLP 146 New London Road Chelmsford CM2 0AW

24 September 2024

5

THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 DECEMBER 2023

Note
£
£
INCOME from:
Donations and legacies:
2
121,169
2,500
Charitable activities
3
52,517
-
Trading activities
4
12,709
-
TOTAL INCOME
186,395
2,500
EXPENDITURE on:
Raising funds
3,077
-
Charitable activities
5
188,953
11,635
TOTAL EXPENDITURE
192,030
11,635
NET INCOME/(EXPENDITURE)/
(5,635)
(9,135)
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS
Total funds brought forward
175,325
11,635
Total funds carried forward
169,690
2,500
Unrestricted
Restricted
Funds
Funds		 Total Funds
£
123,669
52,517
12,709
188,895
3,077
200,588
203,665
(14,770)
186,960
172,190
2023		 Total Funds
2022
£
165,569
79,501
18,234
263,304
7,855
218,254
226,109
37,195
149,765
186,960

The notes on pages 8 to 11 form part of these financial statements.

6

THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE

BALANCE SHEET

AS AT 31 DECEMBER 2023

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		 £
£
167,261
7,289
174,550
2,360
172,190
172,190
2,500
169,690
172,190
2023		 £
£
181,772
8,638
190,410
3,450
186,960
186,960
11,635
175,325
186,960
2022

These financial statements were approved by the Trustees on 24 September 2024 and signed on their behalf by:

…........................ S Compton

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 2023

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 (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 in England and Wales, and in Scotland 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.

Cash at bank

All funds are held within the charity’s bank account.

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THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2023

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 Red Foundation 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

Donations and gift aid
Grants
2022:		 Unrestricted
Funds
£
121,169
-
121,169
146,569		 Restricted
Funds
£
2,500
-
2,500
19,000		 Total Funds
2023
£
123,669
-
123,669
165,569		 Total Funds
2022
£
146,569
19,000
165,569

3. INCOME FROM CHARITABLE ACTIVITES

Adoption donations
2022:		 Unrestricted
Funds
£
52,517
52,517
79,501		 Restricted
Funds
£
-
-
-		 Total Funds
2023
£
52,517
52,517
79,501		 Total Funds
2022
£
79,501
79,501

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THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2023

4. INCOME FROM RAISING FUNDS

Unrestricted
Funds
£
Auction income
5,404
Shop income
7,305
12,709
2022:
18,234
5.
CHARITABLE EXPENDITURE
Unrestricted
Funds
£
Vet fees
163,678
Other dog welfare costs
2,415
Advertising and website
2,879
Office and administration
15,811
Travel and accommodation
975
Governance costs
(note 6)
3,195
188,953
2022:
210,889
6.
GOVERNANCE COSTS
Fees payable to independent examiner
Legal and professional fees		 Restricted
Funds
£
-
-
-
-
Restricted
Funds
£
11,635
-
-
-
-
-
11,635
7,365		 Total Funds
2023
£
5,404
7,305
12,709
18,234
Total Funds
2023
£
175,313
2,415
2,879
15,811
975
3,195
200,588
218,254
Total Funds
2023
£
2,710
485
3,195		 Total Funds
2022
£
7,678
10,556
18,234
Total Funds
2022
£
195,709
3,409
2,476
12,745
150
3,765
218,254
Total Funds
2022
£
2,250
1,515
3,765

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THE RED FOUNDATION - EMERGENCY DACHSHUND RESCUE

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2023

7. TRUSTEES' REMUNERATION

Payments totalling £8,930 were made to Vicky Wilson (Trustee) in the year in respect of administration services provided in accordance with the terms of the charity's governing document (2022 - £7,840).

8. DEBTORS

Trade debtors
VAT
9.
CREDITORS: Amounts falling due within one year
Accruals		 2023
£
-
7,289
7,289
2023
£
2,360
2,360		 2022
£
50
8,588
8,638
2022
£
3,450
3,450

10. RESTRICTED FUNDS

Current year
a)
Medical costs fund
b)
Clinical animal behaviourist fund
Prior year
a)
Medical costs fund		 1 Jan 2023
£
11,635
-
11,635
1 Jan 2022
£
-
Balance at
Balance at		 Income
£
-
2,500
2,500
Income
£
19,000		 Expenditure
£
(11,635)
-
( 11,635)
Expenditure
£
( 7,365)		 £
-
2,500
2,500
£
11,635
Balance at
31 Dec 2023
Balance at
31 Dec 2022

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