Charity registration number 1182955 (England and Wales)
GIVE A DOG A BONE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
GIVE A DOG A BONE
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Mr T Twyne | |
|---|---|---|
| Mr I Iacobut | ||
| Charity registration | England and Wales | 1182955 |
| Principal address | 58 High Street | |
| Waltham Cross | ||
| Hertfordshire | ||
| EN8 7BU | ||
| Independent examiner | Darren Harding ACA FCCA DChA | |
| Richard Place Dobson Services Limited | ||
| Ground Floor | ||
| 1-7 Station Road | ||
| Crawley | ||
| West Sussex | ||
| RH10 1HT |
GIVE A DOG A BONE
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 12 |
GIVE A DOG A BONE
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MAY 2025
The trustees present their annual report and financial statements for the year ended 31 May 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: 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)".
Objectives and activities
The objects of the CIO are:
-
To promote the protection and preservation of the Environment for the public benefit of waste reduction, Re-use, reclamation, recycling, the use of recycled products and the use of surplus in Enfield and the surrounding areas.
-
To relieve poverty for the public benefit of those living in Enfield and the surrounding area, through the recycling and provision of furniture, clothes and other household items.
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To advance the education of the public in subjects related to recycling in particular through the provision of upcycling workshops for the residents of Enfield and the surrounding area.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance
The year 2024-2025 has been a difficult one.
The footfall on the High Street has plummeted and has created a sharp effect on our finances.
Our chair & Trustee Trevor Twyne suffered two heart attacks during this period but is now thankfully back to work.
We experienced a downturn in new work from our contract with the Essential Living Fund due to an overspend in their budget.
That said we are still providing a valuable service to the people of North London & Hertfordshire.
We continue to save hundreds of tons of furniture going to landfill by repairing & refurbishing and selling to raise money to support the charity.
Financial review
During the financial year the charity had a deficit of £19,511 (2024 surplus of: £21,500).
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. The unrestricted funds currently show a negative balance of £52,833. The CIO have the support of GADAB Environmental and Reaching Out to All CIC.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Structure, governance and management
The charity is a charitable incorporated organisations, governed by a Foundation model constitution. They registered with the charity commission on 12 April 2019.
The trustees who served during the year and up to the date of signature of the financial statements were: Mr T Twyne Mr I Iacobut
page 1
GIVE A DOG A BONE
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
Every new trustee is appointed by a resolution passed at a properly convened meeting of the Charity trustees. In selecting individuals for appointment as Charity trustees, the Charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
The trustees' report was approved by the Board of Trustees.
Mr T Twyne Trustee Date: .............................................30/06/2026
page 2
GIVE A DOG A BONE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF GIVE A DOG A BONE
I report to the trustees on my examination of the financial statements of Give a Dog a Bone (the charity) for the year ended 31 May 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.
I have completed my examination. I confirm that no 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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1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011.
-
2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 financial statements to be reached.
Darren Harding ACA FCCA DChA
Richard Place Dobson Services Limited Ground Floor
1-7 Station Road Crawley West Sussex RH10 1HT Date: ............................30/06/2026
page 3
GIVE A DOG A BONE
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MAY 2025
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2025 | 2024 | ||
| Notes | £ | £ | |
| Income and endowments from: | |||
| Donations | 3 | 15,760 | 66,883 |
| Charitable activities | 4 | 223,254 | 162,950 |
| Other income | 5 | 1,130 | 1,000 |
| Total income | 240,144 | 230,833 | |
| Expenditure on: | |||
| Charitable activities | 6 | 259,655 | 209,333 |
| Total expenditure | 259,655 | 209,333 | |
| Net income/(expenditure) and movement in funds | (19,511) | 21,500 | |
| Reconciliation of funds: | |||
| Fund balances at 1 June 2024 | (21,013) | (42,513) | |
| Fund balances at 31 May 2025 | (40,524) | (21,013) |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
page 4
GIVE A DOG A BONE
BALANCE SHEET
AS AT 31 MAY 2025
| 2025 | 2024 | |||||
|---|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | ||
| Fixed assets | ||||||
| Tangible assets | 12 | - | 3,385 | |||
| Current assets | ||||||
| Debtors | 13 | 809 | - | |||
| Cash at bank and in hand | 421 | 1,102 | ||||
| 1,230 | 1,102 | |||||
| Creditors: amounts falling due within one | 14 | |||||
| year | (41,754) | (25,500) | ||||
| Net current liabilities | (40,524) | (24,398) | ||||
| Total assets less current liabilities | (40,524) | (21,013) | ||||
| The funds of the charity | ||||||
| Unrestricted funds | 16 | (40,524) | (21,013) | |||
| (40,524) | (21,013) |
The financial statements were approved by the trustees on .........................30/06/2026
Mr T Twyne Trustee
page 5
GIVE A DOG A BONE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
1 Accounting policies
Charity information
Give A Dog A Bone CIO is a Charitable Incorporated Organisation in England and Wales. The registered charity number is 1182955.
1.1 Basis of preparation
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: 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)". The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.
The financial statements 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 the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2 Going concern
The unrestricted funds currently show a negative balance of £40,524. The CIO is supported by GADAB Environmental and Reaching Out to All CIC. At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
1.5 Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment 25% Straight line
page 6
GIVE A DOG A BONE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1 Accounting policies
(Continued)
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.9 Financial instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
1.11 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
1.12 Debtors
Other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
1.13 Creditors
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any discounts due.
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
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GIVE A DOG A BONE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
3 Income from donations
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Donations and gifts | 15,760 | 66,883 | |
| 4 | Income from charitable activities | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Recycling services | |||
| Sale of goods | 223,254 | 162,950 | |
| 5 | Other income | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Other income | 1,130 | 1,000 |
page 8
GIVE A DOG A BONE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
6 Expenditure on charitable activities
| Provision of | Provision of | ||
|---|---|---|---|
| recycling | recycling | ||
| services | services | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Direct costs | |||
| Staff costs | 104,345 | 39,158 | |
| Depreciation and impairment | 3,385 | 4,387 | |
| Light, Power & Heating | 891 | 350 | |
| Advertising | 2,665 | 3,278 | |
| Motor costs | 8,884 | 8,619 | |
| Computer costs | 80 | 1,236 | |
| Rent and rates | 15,439 | 49,855 | |
| General expenses | 1,401 | - | |
| Cost of goods sold | 4,277 | - | |
| Cleaning | 54 | - | |
| Donations paid | 44,798 | 37,308 | |
| Equipment hire | 29,931 | 5,079 | |
| Repairs & Maintenance | 379 | 3,093 | |
| Travel & Miscellaneous | 1,043 | 1,105 | |
| Construction | 9,892 | 32,226 | |
| Subcontractor labour | 16,740 | 13,870 | |
| 244,204 | 199,564 | ||
| Share of support and governance costs (see note 7) | |||
| Support | 7,739 | 4,608 | |
| Governance | 7,712 | 5,161 | |
| 259,655 | 209,333 | ||
| Analysis by fund | |||
| Unrestricted funds | 259,655 | 209,333 | |
| 7 | Support costs allocated to activities | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Insurance | 4,652 | 3,513 | |
| Telephone charges | 3,077 | 998 | |
| Postage, Packaging and stationery | 10 | 97 | |
| Governance costs | 7,712 | 5,161 | |
| 15,451 | 9,769 | ||
| Analysed between: | |||
| Provision of recycling services | 15,451 | 9,769 |
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GIVE A DOG A BONE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
| 7 Support costs allocated to activities Governance costs comprise: Independent examination Bank charges Payroll 8 Net movement in funds The net movement in funds is stated after charging/(crediting): Fees payable for the independent examination of the charity's financial statements Depreciation of owned tangible fixed assets |
(Continued) 2025 2024 £ £ 5,800 4,705 712 456 1,200 - 7,712 5,161 2025 2024 £ £ 5,800 4,705 3,385 4,387 |
(Continued) 2025 2024 £ £ 5,800 4,705 712 456 1,200 - 7,712 5,161 2025 2024 £ £ 5,800 4,705 3,385 4,387 |
|---|---|---|
| 5,161 | ||
| 2024 £ 4,705 4,387 |
9 Trustees
Susan Twyne, the wife of a trustee, received £150 (2024: £nil) in wages for work carried out during the financial year.
10 Employees
The average monthly number of employees during the year was: 4
| 2025 | 2024 | |
|---|---|---|
| Number | Number | |
| Employees | 4 | 2 |
| Employment costs | 2025 | 2024 |
| £ | £ | |
| Wages and salaries | 99,318 | 31,476 |
| Social security costs | 3,018 | 6,967 |
| Other pension costs | 2,009 | 715 |
| 104,345 | 39,158 |
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel
There was no remuneration paid to those who would be considered key management personnel.
11 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
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GIVE A DOG A BONE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
| 12 Tangible fixed assets Cost At 1 June 2024 Disposals At 31 May 2025 Depreciation and impairment At 1 June 2024 Depreciation charged in the year Eliminated in respect of disposals At 31 May 2025 Carrying amount At 31 May 2025 At 31 May 2024 13 Debtors Amounts falling due within one year: Other debtors 14 Creditors: amounts falling due within one year Other taxation and social security Trade creditors Other creditors Accruals 15 Retirement benefit schemes Defined contribution schemes Charge to profit or loss in respect of defined contribution schemes |
Plant and equipment £ 17,547 (13,206) 4,341 14,162 3,385 (13,206) 4,341 - 3,385 2025 2024 £ £ 809 - 2025 2024 £ £ 27,062 11,677 7,730 4,287 6,962 6,625 - 2,911 41,754 25,500 2025 2024 £ £ 2,009 715 |
|---|---|
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
page 11
GIVE A DOG A BONE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025
16 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 June 2024 | Incoming | Resources | At 31 May 2025 |
At 31 May 2025 |
|
|---|---|---|---|---|---|
| resources | expended | ||||
| £ | £ | £ | £ | ||
| General funds | (21,013) | 240,144 | (259,655) | (40,524) | |
| Previous year: | At 1 June 2023 | Incoming | Resources | At 31 May 2024 |
|
| resources | expended | ||||
| £ | £ | £ | £ | ||
| General funds | (42,513) | 230,833 | (209,333) | (21,013) |
17 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
page 12