COMPANY REGISTRATION NUMBER: 11234802 CHARITY REGISTRATION NUMBER: 1182392
FETCHER DOG
COMPANY LIMITED BY GUARANTEE
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2021
LANGARD LIFFORD HALL LIMITED
Accountants and Registered Auditors Lifford Hall Lifford Lane Kings Norton Birmingham B30 3JN
FETCHER DOG
COMPANY LIMITED BY GUARANTEE
FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2021
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 3 |
| Statement of financial activities (including income and expenditure | |
| account) | 4 |
| Statement of financial position | 5 |
| Notes to the financial statements | 6 - 10 |
1
FETCHER DOG
COMPANY LIMITED BY GUARANTEE
TRUSTEES' ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT)
YEAR ENDED 31 DECEMBER 2021
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 December 2021.
Reference and administrative details
Registered charity name Fetcher Dog Charity registration number 1182392
Company registration number 11234802
| Principal office and registered | Lifford Hall |
|---|---|
| office | Lifford Lane |
| Kings Norton | |
| Birmingham | |
| B30 3JN | |
| The trustees | |
| J Connor | |
| A L Foote | |
| H F Brown | |
| J F Foote | |
| S D Connor | |
| Independent examiner | D J Hanby |
| Langard Lifford Hall Limited | |
| Lifford Hall | |
| Lifford Lane | |
| Kings Norton | |
| Birmingham | |
| B30 3JN |
Structure, governance and management
The charity was incorporated as a company limited by guarantee on 5 March 2018 (company number 11234802) and obtained charitable status on 8 March 2019 (charity number 1182392).
FEfcHER DOG COMPANY LIMtfED BY GUAREE TRUSTEES, ANNUAL REPORT ONCORPORATING THE DIREcfoR'S REPORT) YEAR ENDED 31 DECEMBER 2021 Objectives and activities During 2019 the dwity began to achieve its obFebves of saving dogs from the Kill Shelters tn Bosnia and re-homing them in the UK with'FoTever.Families'. The activities included rescuing the doss from Kill Shelters and placÉng them ITh temporary safe houses called "PetLsions' in Sareievo. The dogs details are then shared through the Fetcher Dog website and UK £amilies choose the dog they want to rescue and 've a home to. After a SUCsEI 'home-check" the dog is then given any required veterirory care. including neuterin& in order to obtain a passport to travel to the UK. Once in the UK the do8s are kept in UK kennels for a short period fOre they are united with their Forever Families. Achievements and perfornwice By the end of 2019 we launched its new website and grew its capacity to Saving 20 dog5 per month. We also created a 5 year Strategy & Business Han to grow the charity further and rescue more dogs. Fundraising grew to its highest point to date and there are plans to employ a full time fLuraISer in order to create regular monthly irwme. rather than a'hand to mouth. approach each month. A Development BoaTd is being appointed in 2020. Financial review There is a profit OE £1,7(O12020: profit of £38525) on ordlnary activities and therefore the revenue account shows an operating surplus of a4,44412020'. sury)lus of £11678). Small company provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. The trustees, annual report was approved on 21 &ptember 2022 and signed on behalf of the board of trustees by: A L Foote Direthr
FETCHER DOG COMPANY LIMrrED BY GUARANTEE INDEPENDENf EXAMINER'S REPORT TO THE TRUSTEES OF FEfcHER DOG YEAR ENDED 31 DECEMBER 2021 report to the trustees on my examtnation of the financial statements of Fetcher Dog ('the charity'l for the year ended 31 December 2021. Re8ponsibilities and basis of report As the trnstees of the company (and a150 its direCr$ for pllrpO of company law) you are responsible for the preparation of the financ{ 5tstements in accordance with the requirements of the Companies Act 20(h ('the 2[ ACY). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2(Kh Act and are eligible for indeF*ndent examinatio I report in reswt of my examination of the charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act.). In carying out my examination I have followed the Directions 8iven by the Charity Collunission under section 1445)(b) ol the 2011 ACL Independent examiner's statement I have completed my examination. I confinn that no matters have come to my attention in connection with the examination giving me cause to lIeve. accounting records were not kept in resixtt of t charity a5 required by section 386 of the 26 Act or the finanaal statements do not accord with those Tecords." or the financiaI statements do not comply with the accounting requirements of section 396 of the 20[ Act other than any requirement that the accounts give a 'lrue and lair, view which i5 not a matter considered as part of an indyndent examination,. or the financial statements have not been prepared in accordance with the meth(Kls and principles OE the Statement OE Recommended Practice for accounting and reporting by charities applicable to tharilies preparAng their accounts in accordance with the Financial Reporting Standard applicable in UK and Repubtic o( Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should FE drawn in this report in order to enab a proper understanding of the accounts ix) reached. D J Hanby Independent Exarniner Langard iifford Hall timited Lifford Hall Lifford Lane Kings Norton Birniingham B30 3JN 21 pternber 2022
4
FETCHER DOG
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 31 DECEMBER 2021
| 2021 | 2020 | |||
|---|---|---|---|---|
| Unrestricted | ||||
| funds Total funds | Total funds | |||
| Note | £ | £ | £ | |
| Income and endowments | ||||
| Donations and legacies | 5 | 154,605 | 154,605 | 163,918 |
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | ||
| Total income | 154,605 | 154,605 | 163,918 | |
| ========================================== | ========================================== | ========================================== | ||
| Expenditure | ||||
| Expenditure on charitable activities | 6,7 | 152,839 | 152,839 | 125,392 |
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | ||
| Total expenditure | 152,839 | 152,839 | 125,392 | |
| ========================================== | ========================================== | ========================================== | ||
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | ||
| Net income and net movement in funds | 1,766 | 1,766 | 38,526 | |
| ========================================== | ========================================== | ========================================== | ||
| Reconciliation of funds | ||||
| Total funds brought forward | 12,678 | 12,678 | (25,848) | |
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | ||
| Total funds carried forward | 14,444 | 14,444 | 12,678 | |
| ========================================== | ========================================== | ========================================== |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 6 to 10 form part of these financial statements.
FEfcHER DOG COMPANY LIMrrED BY GUARANfEE STATEMENT OF FINANCIAL POSITION 31 DECEMBER 2021 2020 Current assets Debtors Cash at bank and in hand 16,979 13,878 57 13*78 Creditor& amounts falling due within one year Net current assets 1.2(Kl 14,444 12.678 Total assets le88 current liabilities 14,444 12,678 Net assets 14.444 12,678 Funds of the charity Unrestricted Eunds 14,444 12,678 Total elwity funds 14 12,678 For the year ending 31 December 2021 the charity was entitled to exemption from audit under section 477 OE the Companies Act 21X)6 relatiThg to small companies. DirectOTS' responsibilities.. The members have not required the company to obtsin an audit of its financial statements for the year in question in accordance with lon 476: The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financiaI ststements have be prepared in accordance with the provisAons appllcable lo companies suEgect to the small comE)anies' 8]rne. These financial statements were approved by the board of trustees and authorised for issue on 21 September 2022, and are signed on behalf of the ard by: A L Foote Director The notes on pages 6 to 10 forni part 0£ these financ Statements.
6
FETCHER DOG
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2021
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Lifford Hall, Lifford Lane, Kings Norton, Birmingham, B30 3JN.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
Attention is drawn to the insolvent position of the company's balance sheet. These accounts have been prepared on the going concern basis. The company has the support of the directors.
Disclosure exemptions
The trustees have taken advantage of the exemption from including a cash flow statement in the financial statements on the grounds that the charity is small.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
7
FETCHER DOG
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 DECEMBER 2021
3. Accounting policies (continued)
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
8
FETCHER DOG
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 DECEMBER 2021
3. Accounting policies (continued)
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Limited by guarantee
The charity is a limited company by guarantee.
5. Donations and legacies
| Donations and legacies | ||||
|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2021 | Funds | 2020 | |
| £ | £ | £ | £ | |
| Donations | ||||
| Donations | 154,605 | 154,605 | 163,918 | 163,918 |
| ========================================== | ========================================== | ========================================== | ========================================== |
6. Expenditure on charitable activities by fund type
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2021 | Funds | 2020 | |
| £ | £ | £ | £ | |
| Charitable activities | 111,707 | 111,707 | 98,470 | 98,470 |
| Support costs | 41,132 | 41,132 | 26,922 | 26,922 |
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | |
| 152,839 | 152,839 | 125,392 | 125,392 | |
| ========================================== | ========================================== | ========================================== | ========================================== |
7. Expenditure on charitable activities by activity type
| Activities | ||||
|---|---|---|---|---|
| undertaken | Support | Total funds | Total fund | |
| directly | costs | 2021 | 2020 | |
| £ | £ | £ | £ | |
| Charitable activities | 111,707 | 41,132 | 152,839 | 125,392 |
| ========================================== | ========================================== | ========================================== | ========================================== |
9
FETCHER DOG
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 DECEMBER 2021
8. Analysis of support costs
| Analysis of support costs | |||
|---|---|---|---|
| Analysis of | |||
| support | |||
| costs | Total 2021 | Total 2020 | |
| £ | £ | £ | |
| Communications and IT | 1,278 | 1,278 | 456 |
| General office | 38,572 | 38,572 | 24,869 |
| Finance costs | 958 | 958 | 1,047 |
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | |
| 40,808 | 40,808 | 26,372 | |
| ========================================== | ========================================== | ========================================== |
9. Independent examination fees
Fees payable to the independent examiner for: Independent examination of the financial statements
2021 2020 £ £ 2,200 1,200
10. Staff costs
The average head count of employees during the year was 4 (2020: 4). The average number of full-time equivalent employees during the year is analysed as follows:
Administration
2021 2020 No. No. 4 4
No employee received employee benefits of more than £60,000 during the year (2020: Nil).
11. Trustee remuneration and expenses
During the year no trustees received remuneration in respect of their trustees duties.
All transactions with the directors of the business were incurred in the normal course of the business.
12. Debtors
Other debtors
2021 2020 £ £ – 40,665
10
FETCHER DOG
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 DECEMBER 2021
13. Creditors: amounts falling due within one year
| Creditors: amounts falling due within one year | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Accruals and deferred income | 2,200 | 1,200 |
| Other creditors | 41,000 | – |
| ------------------------------------------ | ------------------------------------------ | |
| 43,200 | 1,200 | |
| ========================================== | ========================================== |
14. Analysis of charitable funds
Unrestricted funds
| At | At | |||
|---|---|---|---|---|
| 1 Jan 2021 | Income | Expenditure | 31 Dec 2021 | |
| £ | £ | £ | £ | |
| General funds | 12,678 | 154,605 | (152,839) | 14,444 |
| ========================================== | ========================================== | ========================================== | ========================================== | |
| At | At | |||
| 1 Jan 2020 | Income | Expenditure | 31 Dec 2020 | |
| £ | £ | £ | £ | |
| General funds | (25,848) | 163,918 | (125,392) | 12,678 |
| ========================================== | ========================================== | ========================================== | ========================================== |
15. Analysis of net assets between funds
| Unrestricted | Total Funds | |
|---|---|---|
| Funds | 2021 | |
| £ | £ | |
| Current assets | 57,644 | 57,644 |
| Creditors less than 1 year | (43,200) | (43,200) |
| ------------------------------------------ | ------------------------------------------ | |
| Net assets | 14,444 | 14,444 |
| ========================================== | ========================================== | |
| Unrestricted | Total Funds | |
| Funds | 2020 | |
| £ | £ | |
| Current assets | 13,878 | 13,878 |
| Creditors less than 1 year | (1,200) | (1,200) |
| ------------------------------------------ | ------------------------------------------ | |
| Net assets | 12,678 | 12,678 |
| ========================================== | ========================================== |
16. Related parties
There were no related party transactions during the year that require disclosure.