Charity r¢gistratiou 1182955 IEllgJalld and Wajes) GIVE ADOGABONE CIO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY2024
GIVE ADOG ABONE CIO LEGAL AND ADMINISTRATIVE INFORMATION Trustee5 T Twyne MT I lacobut (Appointed 16 Moy 20241 Charity number {England 2Dd Wales) 1182955 PriDeipal addre55 58 High Street Waltham Cioss Hertford5hire EN8 7BU Independent eigmtner DJ]ren HarditsgACA FCCA DChA Richard P13¢e Dobson Service5 Limited 1-7 StatlOD Road Crawley West Sussex RHIO IHT
GIVE ADOC ABONE CIO CONTENTS Page Trustees, report Endependent examincvs report StsteTnent of financial activities Balance sheet Notes to th¢ flnancial stat¢nJcnts 6.12
GIVE ADOGABONE CIO TRUSTEESI REPORT FOR THE YEAR ENDED 31 MA Y2024 The trustees present their annual report and fillancial statements for the ytar en(kd 31 May 2024. The financial statements bive be¢rt prepat¢d in ac¢ordktnce with the accounting policies set out in Thote I to the financial statements and comply with the ¢haiity's Constitution, the Charities Act 2011 and 'AccountiDg and RBpotting by Charities.. Siat¢ment of Recommended PFactite applicable to chanlies preparing their account% in accordanc¢ with the Financial RepoTting StaDdard appljcable ITh the UK and Rcpublic of Ireland IFRS 1021 (effective l January 20191 Objectives and Actlvities The object5 of the CIO are.. To promote the proiectioTh and preservation of the Environment for the public benEfit of waste redu¢tion, Re-use. reclamation, TecycliThg, the use of recycled products and the use of surplus in Ellfi¢ld and the surrounding areas. To ielieve povety for the public benefit of those living in Enfield and the sutrounding area, through the recycling and provision of fvrniture, clothes and other household item5. To advaDce the education of the publi¢ in subjects related to recycling in particular through the provision of upcycling workshops for the resid¢nts of Enljeld ènd the surrounding area. The trustees have paid due regard to guidance isslled by the Charity Co]nms5sion in deciding what activities th¢ charity should utjdertake. Achievements performance The year 2023- 2024 wa5 again a y¢ar of rebuilding and c0Th501idttion. We rontinue to help vulnerable and elderly residents by supplying furnkttjre and other items on a non-profit ba5lS. Our ¢ontract with Southend City Council on behalf of the Essential Living Fund where we supply. deliver and fit white goods continues. OUT retail outlet j5 workiThg hard to PTovide goods at the best possible prices and our vehicle delivers to people'5 house8 on a 5ubsidised basis. W¢ w¢lcorned Mr lacobut on as a tnstee at the end of the year ID place of Mr Terry Smith who stepp¢d down dlle to health reasons, We look forward io contiUlg to help and support tbe local ¢onllDunity a5 well &s doing our bit for the Environment. FhThan¢iil review During the fClaI yeaT the charkty had a surplus of £21,500 (2023.. deficit of £106,161). Jt is the policy of the charity that unrestricted funds which have not been desÈgnated for a specific ll5e should be maintained at a level equivalent to between three and six month's expenditure. The trustees consider that reserv¢s at this level will ensure that, in the event of a significant drop in funding. they will be able to continu¢ the chariry's ¢urtent activities while Cpnsideration is given to ways in which additional funds may be raised. The uleStrIcted funds currenily Show a Thegativ¢ balance of £21,013. The CIO have the support of GADAB EnviroDmental and Reae]Jing Out to All CIC. Risk Monagtmellt The trn5tees have # duty to identify and review the risk5 to which the cbarity is exposed and to ensure appropriate ¢ontsols are Jn place to provide rea50llable 85sur8nce against fraud ad ¢ryor. Structurey gowernsnce and management The charity is a charitable incoorated oiganisations, govertsed by a FoundatlOD model CODStittltion. They registered with the charity coinmis5ion on 12 April 2019. The trnstees who served during the year aud up to the date of signatore of the financial statements were.. T Twyne T Smith Mr I lacobut (Resigned 16 May 20241 {AppoiDted 16 May 20241 page I
GIVE A DOG A BOF4E CIO TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MA Y2024 Every new trust¢e is aJ)pointed by a resolution passed at a PToperly convened meeting of the Charity tNstees. In s¢16cting individuals for appointment as Charity trustees, rhc Charity trnstees must have r¢gatd to the skills, knowledge and expeTien¢e n¢¢ded for the efftctive admillistration of the CIO. The tnwees, report was appmved by the Board of Trustees. T Twyne Trnstee 28 April 2025 page 2
GIVE A DOG A BONE CIO JNDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GIVE A DOG A BONE CIO I report to the tnistees on my examination of the fittan¢ial statements of Give a Dog a Bone CIO (the charity} for the year ended 31 May 2024. Re5P0115ibllitie$ and ba5)5 of report As the trustee5 of the charity you are re5pon5ible for the preparation of the financial statements in a¢cordance with the requirements of the Charities Act 2011. I report ill respe¢t of my examination of the Charity's financial statements caTTied out under section 145 of the Charities Act 2011. Jn caTrying out rny examination I have followed the Directions given by the Charity Commission under Section 14515)Ib) of the ChaDties Act 2011. Independent examintr's statement Your attention is drawn to the fact that thE chaDty has prepared the financial statements in #ccordance with the Televant version of the Ststement of RecoTDmended Practice applicable to charities prepating their finantial staternents in accordance with the Financial Reporting Standard applicable the UK and Republic of Ireland {FRS 1021 In preferen¢e io the Accounting and Reporting by Charitie5.' Statement of Re¢otnTnended Practice issued on l April 2005 whicb is refetred lo in the extsllt reglllations but bas ttow been withdrawn. I understand that this has been done order for the financ)al statements to provide a true and faiE view in accordaThce with UK GcllerallyAc¢epted Accounting Pra¢tice. I have completed my examination. l ¢onfirni that no matters have ¢oJne to D]y attention in ¢oDnectioD witb tbe exanjinaiion villg JLC cause to believe that in any ateIl respect.. a¢¢oulltirng reoord5 were not kept in te$pect of th¢ charity required by section 130 Df the Charities Act 2011. the financial statements do noi accord with those recoT(k: or the financial 5talernents do not cOp]Y witli the applicable requirements concerning tlie fortn and content of fiTHncial stattmtnt5 Set out In the Ch3rities IAccoutJt5 and Reports) Regtslations 2008 other than any requirement that the financial statementg give a trut and faiT view, which 15 Doi a TDatter CO51dered as part of an independent examination. I have Do coThcern5 and have come across no other matters in collnection with the exatnination to which attentjoll Should be drawn IA thi5 report in order to enable a proper und¢rstandiDg of the financial ststements to be reaGhed. Darren Harding ACAFCCADChA Ri¢haid Place Dobsoll Services Litnited 1-7 Station Road Crawley West Su55ex RHIO IHT Dated.. page 3
GIVEADOGABONE CIO STATEMENT OF FV¥ANCIAL ACTIVITIES INCLM)ING INCOME AND EXPE,NDITURE ACCOUNT FOR THE YEAR ENDED 31 MA Y2024 UnrestrReted Ullrestrieted fund$ 2023 2024 Note$ Incoffje and endowments from: Donations and legati¢$ Ch&ritabl¢ activities Oth2r income 66.883 162,950 1.000 322.044 5,424 Total ineorne 230.833 327,468 Expenditure on: Charitable activities 209,333 433,629 TotsI expendire 209.333 433,629 Net ltteomel(expenditurel and moveJu¢nt in fNdS 21.500 (106.161) Reconcfili#tion of fuDds- Fund balan¢es ai l June 2023 (42.513) 63.648 FuDd b8lances at 31 May 2024 121,0131 142,513) The statement of fin&nrial activities includ¢s all gains losses recDgnised in the year. All itJ¢ome and expenditure deriv¢ frotn continuing activities. page 4
GIVEADOGABONE CIO BALANCE SHEET ASAT 31 MA Y2024 2024 2023 Notes Flxed assets TangibLe a5SEts 3,385 7,772 12 Currtllt a55tts Cgsh èt bank alld in hand 1.102 1,053 Creditors: fg1]iDg due TrTrrythln olle yeY4r 13 151,338) (25,500) Net current liabilities (24,3981 (50.2851 Totsl asset5 less current liAbilitle5 121,013) 142.5131 The fund5 of the cbarity Ulltestricted fidS 15 (21,013) 142,5 131 (21,0131 142.5131 The financial staternents were approved by the trustees on 28 April 2025 T TThyfte page 5
GIVEADOGABONE CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 J£4Y2024 Ac¢ounting policies Ch*rity information Give A Dog A Bone CIO is a Charitable InCOOrated Organisation in England a]d Wales. The register¢d charity nunjber is 1182955. 1.1 Accounting tonveDtion The financial gtatements hav¢ been prepared in accordancc wth th¢ Gharity's FDus]dation model constitytiOIi, the Charities Act 2011 and "Aceountins and Rtportin(Y by Ch2rities.. Statement of Recommended Practice applicable to chariti¢s preparing their accounts in aecordanc¢ with the Financial Reporting StAndard appllcable in the UK and Republic of Ireland (FRS 1021 (effective l January 2019) The chatity is a Public Benefit Entity as defined by FRS 102. The charrty has tsken advantage of the provisions in the SORP for chltieS applying FRS 102 Update Blllletin I not to prepare a Ststement of Cash Flows. The finan¢i&l statementg have departed frorn the Charities (Accounts and Reports) Rcgtjlations 2008 only to the extent required tD PTovide g true aod fair vi¢w. This departurc ha5 Iv01¥¢d following the Statement of RecoD]mended Prartice for chbrities applying FRS 102 rather the ve15ion of the Stat¢Tllent of Recommended Practice which is referred to in the Regulations but which has since been wrythdrawn. The financial statements are prepared iti stcrlin& which is the fimctional C1]encY of tbe Charity. Monetary arnounts in these ftnancial statements are rounded to the nearest £ The financial statcments have been prepared under the historical tost conventio4 fmodifi¢d to illcluae thc rcvaluation of freehold propertie$ and io include investment pioperti¢s and certain fjnallcial instruments at fair valuel. The PTincipal accounting policies adopted are set out below. 1.2 Goillg ¢oDcern Th¢ unrestti¢t¢d fijnds tuentlY show a tlegative balaTrce of £21.013. The CIO is supported by GADAB Envimntnental and Reaching Cpui to All CIC. At the time of ¥provitsg tht financial statements. the tn]5tees have a rea50nabl¢ expectation that the cknity has aOe(D]at le50urces to continue irl operational exist¢nce for the foreseeable ththre. Thus th¢ trustees continu¢ to adopt the goirlg con¢ernbasi$ of a¢cowiting in PTeparing the fLnallcial Statenllts. 1.3 CharitabIe fund5 UnrestTi¢ted fi]ndg ore available fDr use at the discretion of tk¢ trustees io fihallet of their charitsble objectives. 1.4 Income Income is recognised when the charity is legally entitled to it afier any perfommnce Conditions have b¢en met, the amounts can be MUred reliably, and it is probable that income will b¢ received. l.S Expenditure Liabilities recognised as expenditure as soon as theFe is a legal or constn]ctive obligation con)mitting the charity to that expenditure, it is probable that a transfer of economic ben¢fitg will be required in settletnent and the amount of the obligation ¢an be measured reliably. Expendittjre 15 ac¢oyDted for on an a¢¢ruals basEs and has b¢etk classified under headings that aggregate all cost relat¢d to the category. IlThere ¢ost5 cannot be directly attributed to particulaT headings they have been allocated to a¢tivities on a basis consistent with the use of resources. 1.6 TangSblÈ fixed #sselx Tangible fLxed assets ale initially measured at cost and subsequently measured at cost OT valuation, net of depGIatiOn and any impairnient losses. Depwi8tion is re¢ognised so as to lte off the ¢ost or valiiation of assets les5 their r¢sidua] value$ over their useful lives on the folloWg bas¢s'. Plant and equipment 250/0 Straight line pa8¢ 6
GIVE ADOG ABONE CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MA Y2024 AtcounttDg po]icles Icontinutdl The gain or loss arising on the disposal of an asset is deterniined a5 the differ¢nce between th¢ sale pioceed5 and tbe Catrying Yalue of the asset, and is recoglli5¢d in tbe statement of fall¢la1 activittes. 1.7 1mpairmeTht of fixed asset5 At each reporting end date, the charity reviews the Carrying aDntS of its tangible assets to d¢ternine whether there Js any indication that those asset8 have 8ufferEd an itnpaiment 105$. If ally such indication exists, the t¢¢overable amount of the asset is estimated in order to determine the extent of the impaiment loss lif any). 1.8 Cash and cash equiv8lent5 Cash alld cash equivalents include cash iti hand, dEPOSits htld at call with baDks. Other short-tern] liquid investmeuts with Original maturiiie5 of three months or les5, and baDk overdtafts. Bank overdrafts are sho witbin borrowings current 1.9 Effjployee bellefits Tbe cost of any unused holiday entitlement is recognised in th¢ period in which th¢ employee's scrvices are received. Tern)ination benefit5 ar¢ recogni5ed llnmgjiately as an expense wben th¢ charkty is demonstrably COTnmitted to teTn)inate the employtneTLt of an employee or to provide termination benefits. 1.10 RetiremeDt benefits PaYentS to defjned contribtstion retirement benefit Schemes are ¢harged as an expense as they fall due. 1.11 Debtors Other debtors are recognised at the Settle¢llt amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade dis¢ounts due. 1.12 Creditor$ CreditOFS are recognised wher¢ the chanty ha5 a present obligatson resulting from a past event that will probably result in the trallsfer of funds to a thjrd party and the amourlt duE to settle the obligation can be measured or estimated ieliably. Creditors are JJorn]8lly recognised at their settleD]ent aD]ount after allowmg foi any di5COUtits due. Crldcgl accouJ)tillg e$tSmates and judgements In the application of tbe charity's accounting policic5, the trnstE¢s are requir¢d to make judgemcnts, egtimatES and aSSuption9 about the carrying amount of assets and liabilities that are not readily apparent from other source5. The estimates and associated bssumptions are based on historical expwience attd otheT factor5 that are consideTed to be relevant. Actual results may differ from these ¢slimates. The estimates and underlying assumptions are reviewed an Dngoing basi5. Revision5 to accounting estimates are recognised in the persod in which the estimate is ievised wher¢ the revision affe¢ts only that period, or ill th¢ period of dLe ievision Jnd future periods where the revi5son afftcts both cUent and future periods. Income from donatiotts and leg8¢le$ UDre5tri¢ted lllnds 21J24 Unrestritted lund5 2023 Donations aDd gifts 66,883 page 7
GIVE ADOGABONE CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY2024 Ineome from charitable aCtitieS Unrestricted fund$ 2024 Unrestricted funds 2023 Recy¢ling services Sale of goods 162,950 322.044 Otber incojne Unrtstricted Unrestri¢ted fuJ)d8 funds 2024 2023 Otber incolne i.000 5.424 page 8
GIVEADOG A BONE CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE IEAR ENDED 31 MA Y2024 Expenditure charitable activities Provlsion of rety¢ling $ervice$ Provision of recycling services 2024 2023 Dlrect co$t$ Staff ¢osis Depreciation and impaimient Trnvel Advertising Motor costs Cotllputer costs Rent and rates Donations paid Equipment hire Repairs & Maintenance Travel & Miscellalleous Construction SubcoThtra¢tor labour 39,158 4.387 350 3.278 8,619 1,236 49,855 37,308 5,079 3,093 1,105 32,226 13,870 138,003 4.387 3.413 94,627 4.094 48,853 41.943 8,750 23.544 811 47.630 199,564 416.055 Share of support and goyernathce costs (yee note 7) Support Governance 8.206 9.368 4.608 5,161 209.333 433,629 An8ly$È5 by fund UDrestricted fund5 209,333 433,629 Support ¢osts allocated to activities 2024 2023 Insurance Telephone charges Postage, Packaging alld stationery Governance costs 3,513 998 97 5,161 7,679 149 378 9.368 9,769 17,574 Analysed betiveen.. Provision of iecyclsng services 9,769 17,574 page 9
CIVE ADOGA BONE CIO NOTES TO THE FINANCIAL STATEMENTS (coNfiNUED) FOR THE YEAR ENDED 31 MA Y2024 Net movemÈMt in fndS 2024 2023 The net movem¢nt in thnds is stated after chargingl{creditingl'. Fee$ payable for thc independent examination of the cbality's fi]vancial statements Depreciatioll of ov/ned tangible fixed asscts 4,705 4,387 4216 4,387 Trustees None of the trugtets lor any perso]Js connected with thtzlll re¢eived any remunerntton or benefits from the charity duTing the year. 10 Employees The averag¢ monthly number of employees during the yearwas-. 2 2024 Nllmber 2023 Number Employees 10 Employrnent eo$ts 2024 2023 Wages atkd salaries Social security ¢o$ts Other pension costs 31.476 6,967 715 110.348 21,847 5,808 39.158 138,003 There were no employc¢s whose a]3nu21 remuneration was re than £60.000. Remuneration of key managernent personnel There wag no rcmuuer&tionpaid to those who would be collsidered key Jn8nagenThtpersoDnel. li Taxation The chaTity is exempt from taxation on its a¢tiwiti¢s because all its i]Jcorne is applied for ¢hatitable purposes. page 10
GIVEADOGA BONE CIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MA Y2024 12 Tangible fixed assets aDd eqwipmen Cost At l June 2023 17.547 At 31 May 2024 17.547 Depreciation and impirtthent At l June 2023 Depreciation charged in the year 9,775 4,387 At 31 May 2024 14,162 CarryiDg Amount At 31 May 2024 3.385 At 31 May 2023 7.772 13 Creditors.. amounts falling due witbin one year 2024 2023 Other taxation social security Trade creditOf5 Other creditots Accruals 11.677 4,287 6.625 2.911 4,710 1,861 42.457 2,310 25.500 51,338 14 Retirement benefit schemes 2024 2023 Defined contribution schemes Charge to profit or loss in respect of defiLed contributioTh scheTnes 715 5,808 The charity operntes a dered Contribution pension Scheme foT all qualifying eTnploye¢s. The ossets of the scheme are held separately from those of the charity in an independently adllstered fund. page 11
GIVEADOG ABONE CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 J£4Y2024 15 Unrestrirted funds The unye$tTi¢ted funds of the ¢hatity comprise the unexpend¢dbalan¢es of donations and bThits which are not SLtbject to specifI¢ conditions by doJJors 8T Brantors as to how they may be used. Thege include designated funds whicb have been set &%ide out of unrestricted funds by the tswstces for sp¢¢ific puTose5. At l June 2923 Inttswing resources ResourcesAt 31 May 2024 expeAded General fund (42.5131 230,833 (209.333) (21.0131 Prevlous year.. At l Jlle 2022 Incoming resour¢e5 R¢sourcesAt31 May 2023 expended Gen¢ral fuTAds 63.648 327.468 1433,629) (42.513) 16 Related party tr2ns#etxons There were ryo discLosable rclated patty transacti¢)ns during the year (2023- none). pag¢ 12