## **ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2022**
## **REN'S RESCUE**
(Charitable Incorporated Organisation)
## **CHARITY REGISTRATION No: 1184052**
Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS
1
## **REN'S RESCUE**
(Charitable Incorporated Organisation)
## **CONTENTS**
|Page 3|Legal and Administrative Information|
|---|---|
|Page 4 to 5|Trustees' Report|
|Page 6|Statement of Financial Activities|
|Page 7|Balance Sheet|
|Pages 8 to 14|Notes to the Financial Statements|
|Page 15|Independent Examiner's Report|
2
## **REN'S RESCUE**
(Charitable Incorporated Organisation)
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**CHARITY NUMBER** 1184052 **DATE OF REGISTRATION** 24th June 2019 **START OF FINANCIAL YEAR** 6th April 2021 **END OF FINANCIAL YEAR** 5th April 2022 **TRUSTEES AT 5TH APRIL 2022** Lisa Scarlett Ethan Scott Pamela Maunsell
**LEGAL STATUS** Charitable Incorporated Organisation **GOVERNING INSTRUMENT** CIO - Foundation Registered 24th June 2019
## **OBJECTS**
**1** . For the benefit of the public to relive the suffering and distress of animals in need of care and attention by reason of sickness, neglect, mistreatment or misadventure and in particular to provide and maintain rescue homes or other facilities for the reception and treatment of such animals. **2** . For the benefit of the public to educate the public on matters concerning animal welfare.
## **CORRESPONDENCE ADDRESS**
## **PRIMARY BANKERS**
## **INDEPENDENT EXAMINERS**
Rose Garth Hull Road Keyingham Hull HU12 9ST Lloyds Bank Plc 25 Gresham Street London EC2V 7HN Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS
3
## **REN'S RESCUE**
(Charitable Incorporated Organisation)
## **TRUSTEES' REPORT FOR THE YEAR ENDED 5TH APRIL 2022**
## **Animals**
During the year 2020-2021 we transitioned from being a rescue that took in mostly domestic animals to one that focused more on wildlife. We took in a variety of species including pigeons, gulls, corvids, owls Our first full year as a wildlife rescue has been very successful. admitted 113 animals including owls, rabbits, mice, pigeons, gulls, hedgehogs, foxes, and deer.
## **Expansion**
Much of the year was spent arranging reports to support our planning application to develop the land at Winestead. The application for change of use and for the siting of some modular buildings, along with he infrastructure to support them was submitted in March. We expect a long delay whilst we wait for the outcome.
## **Training**
Training of volunteers continued on-site and Pamela undertook a further two courses with Secret World Wildlife and is enrolled on another course with the International Wildlife Rehabilitation Council.
Our commitment to CPD will always be at the core of our work.
## **Trustees**
The three Trustees have all contributed consistently to the running of the rescue and we are grateful to them for their dedication.
We continue to look for other Trustees, focusing on people who can oversee volunteering, social media, and business development.
## **Fund-raising**
Lisa has taken on the role of fund-raiser, focusing on applying to grant giving trusts and to individuals. She has demonstrated a natural aptitude for this work, which is already bringing in significant sums.
Our shop at the Prospect Centre has had mixed results due to difficulties dealing with multiple solicitors and the finding reliable volunteers. Nevertheless, it is bringing in sufficient income to keep the charity afloat.
## **Finance**
Our income for the year declined to £35,962 with expenditure of £43,660 leaving us with a net income/(expenditure) of (£7,699) and a balance carried forward of £3,344 for the period ended 5th April 2022.
Our income is stable for the year was stable and although our expenditure was greater, we were able to meet the difference from our savings.
Generous grants from the Foyle Foundation (£4,000), the Kathleen Vivien Trust (£5,000) and Support Adoption for Pets (£3,850), along with fabulous support from members of the public made up the bulk of our income for the year. The new shop, at The Prospect Centre, has started off well and we believe will bring in substantial revenue once it is more established in the community.
In terms of expenditure, as usual, our biggest expenditure this year was on repairs and maintenance (approximately £7000) as we had to fix some long-standing issues with drainage and fencing. The other major expenses were our rent & rates bills (approximately £6000) and our vets & medical bills (approximately £5000).
As the rescue continues to expand and help more animals, it is inevitable that our expenses will rise. The Trustees have agreed that we should be as self-funding as possible and consideration must be given to opening a 2nd shop or finding another means of sustainable income.
4
REN'S RESCUE
TRU5TEES' REPORT {Gontmu•dl
FOR THE YEAR ENDEO STh APRIL 2022
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## **REN'S RESCUE**
(Charitable Incorporated Organisation)
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5TH APRIL 2022**
|**Notes**
**INCOMING RESOURCES**
**Incoming Resources from Generated Funds**
Donations, Grants & Legacies
**3a**
Activities for Generating Funds
**3b**
Investment Income
**3c**
Other Incoming Resources
**3d**
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
**Costs of Generating Funds**
Cost of Charitable Activities
**4a**
Cost of Generating Funds
**4b**
Governance Costs
**4c**
**TOTAL RESOURCES EXPENDED**
**NET INCOMING (OUTGOING) RESOURCES**
Funds Brought Forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2021/22**
**2020/21**
£
£
£
£
£
23,655
4,000
-
27,655
36,616
7,706
-
-
7,706
627
-
-
-
-
-
601
-
-
601
1,216
**31,962**
**4,000**
**-**
**35,962**
**38,459**
32,961
4,000
-
36,961
29,281
1,724
-
-
1,724
-
4,875
-
-
4,875
730
**39,560**
**4,000**
**-**
**43,560**
**30,011**
**(7,599)**
**-**
**-**
**(7,599)**
**8,448**
11,043
-
-
11,043
2,595
**3,444**
**-**
**-**
**3,444**
**11,043**|
|---|---|
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages 8 to 14 form part of these financial statements.
6
REN? RESCUE
BALANCE SHE
AS AT 5TH APRIL 2Q22
Totsl
Total
Apr.21
Fur
Tanglblb
Inve¥trnents
Tow Flx•d A•wts
Debtc8 & Prop8*T6
Ca8h 8t Bank aTrJ kn Hand
Totsl Curr•ntA•wts
11,773
11,TT3
l444
10
Br
NeT CURRENT AMS
11.043
TOTALA8SET8 l••B jrr•rrt L4*4HO8•
11,1143
Cr•dStorn: Arnrts I1r*a mty• I
ono yoor
Fund•ofth• Chwlty
Gen8r81 Funda
DesSwated FuTrJJ
Fu
1444
11,043
Totsl FUT
11,043
gnTheirQwty In
Prknt Nar
AKkeL-fi NIQ£LL
## **REN'S RESCUE**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of Preparation & Assessment of Going Concern**
## **Basis of Preparation**
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The 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 (FRS102) (effective 1 January 2015) - (Charities SORP - FRS102) and the Charities Act 2011.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
## **Assessment of Going Concern**
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.
## **Incoming Resources**
## _**Recognition of Incoming Resources**_
These are included in the Statement of Financial Activities (SOFA) when:
▪ the charity becomes entitled to the resources;
▪ the trustees are virtually certain they will receive the resources; and
▪ the monetary value can be measured with sufficient reliability
## _**Incoming Resources with Related Expenditure**_
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
## _**Grants and Donations**_
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
## _**Tax Reclaims on Donations and Gifts**_
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.
## _**Contractual Income and Performance Related Grants**_
This is only included in the SOFA once the related goods or services have been delivered.
## _**Gifts in Kind**_
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
## _**Donated Services and Facilities**_
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
## _**Volunteer Help**_
The value of any voluntary help received is not included in the accounts.
## _**Investment Income**_
This is included in the accounts when receivable.
## _**Investment Gains and Losses**_
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
8
## **REN'S RESCUE**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 5TH APRIL 2022**
## **1. ACCOUNTING POLICIES (continued)**
## **Expenditure and Liabilities**
## _**Liability Recognition**_
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
## _**Governance Costs**_
Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advice to trustees on governance or constitutional matters.
## _**Grants with Performance Conditions**_
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.
## _**Grants Payable without Performance Conditions**_
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
## _**Unrestricted funds**_
These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities.
## _**Restricted funds**_
These funds are where the donor has specified a purpose for the donation made. These restrictions often arise as a result of appeals for special offerings for specific purposes.
## _**Designated funds**_
These funds are funds set aside by the trustees out of unrestricted general funds for particular purposes or projects.
## _**Fixed Assets**_
Fixed Assets are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt.
## _**Depreciation Expense**_
Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied are as follows:
Fixtures, Fittings and Equipment 25% - Reducing Balance Basis Motor Vehicle 33% - Straight Line Basis
## **2. TANGIBLE FIXED ASSETS**
|Cost
06-Apr-21
Additions
Net Book Value at
05-Apr-22
Depreciation
06-Apr-21
Charge
Depreciation at
05-Apr-22
Net Book Value
05-Apr-22
Net Book Value
05-Apr-21|Motor
Fittings &
**Total**
Vehicles
Equipment
**2021/22**
£
£
£
-
-
-
2,400
-
2,400
2,400
-
2,400
-
-
-
800
-
800
800
-
800
**1,600**
**-**
**1,600**
**-**
**-**
**-**|
|---|---|
The annual commitments under non-cancelling operating leases and capital commitments are as follows: 5th April 2022 : None
5th April 2021 : None
9
## **REN'S RESCUE**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 5TH APRIL 2022**
## **3. INCOMING RESOURCES**
|**Note**
**a) Donations, Grants & Legacies**
Gifts & Donations
**6**
**b) Activities for Generating Funds**
Fundraising Income
Shop Income
**c) Investment Income**
Interest
**d) Other Incoming Resources**
Sundry Income|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2021/22**
**2020/21**
£
£
£
£
£
23,655
4,000
-
27,655
36,616
**23,655**
**4,000**
**-**
**27,655**
**36,616**
559
-
-
559
574
7,148
-
-
7,148
53
**7,706**
**-**
**-**
**7,706**
**627**
-
-
-
-
-
**-**
**-**
**-**
**-**
**-**
601
-
-
601
1,216
**601**
**-**
**-**
**601**
**1,216**|
|---|---|
10
## **REN'S RESCUE**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 5TH APRIL 2022**
## **4. RESOURCES EXPENDED**
|**a) Cost of Charitable Activities**
Advertising & Publicity
Bank Charges
Cleaning Costs
Depreciation Expense
Equipment Costs
Food Costs
**6**
Medical Costs
Fundraising Costs
Insurance Costs
Licenses & Subscriptions
Motor Vehicle Costs
Motor Vehicle Expenses
Office Costs
Rent & Rates
Repairs & Maintenance
Staff Costs
**13**
Sundry Expenses
Telephone Costs
Training Costs
Travel & Subsistence
Utility Costs
Volunteers Expenses
**b) Activities for Generating Fund**
Shop Costs
**c) Governance Costs**
Independent Examiners Fees
**10**
Legal & Professional Fees|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2021/22**
**2020/21**
£
£
£
£
£
6
-
-
6
-
10
-
-
10
2
-
-
-
94
800
-
-
800
-
3,024
-
-
3,024
5,149
1,827
-
-
1,827
2,030
772
4,000
-
4,772
4,840
76
-
-
76
201
2,486
-
-
2,486
1,264
-
-
-
-
197
101
-
-
101
-
340
-
-
340
-
835
-
-
835
1,186
5,850
-
-
5,850
700
7,033
-
-
7,033
8,902
3,618
-
-
3,618
-
1,254
-
-
1,254
1,438
101
-
-
101
102
486
-
-
486
741
3,019
-
-
3,019
2,398
1,304
-
-
1,304
-
18
-
-
18
37
**32,961**
**4,000**
**-**
**36,961**
**29,281**
1,724
-
-
1,724
-
**1,724**
**-**
**-**
**1,724**
**-**
600
-
-
600
550
4,275
-
-
4,275
180
**4,875**
**-**
**-**
**4,875**
**730**|
|---|---|
11
## **REN'S RESCUE**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 5TH APRIL 2022**
## **5. RESTRICTED FUNDS**
The CIO held no restricted funds during this or the previous financial year.
## **6. DESIGNATED FUNDS**
|Foyle Foundation|**Balance**
**Balance**
**06-Apr-21**
Income
Expenditure
Transfers
**05-Apr-22**
£
£
£
£
£
-
4,000
4,000
-
-
**-**
**4,000**
**4,000**
**-**
**-**|
|---|---|
The Designated funds are wholly represented by the Charity's Cash Reserves and are to be expended as specified above.
12
## **REN'S RESCUE**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 5TH APRIL 2022**
## **7. INVESTMENTS**
The CIO held no fixed assets investments during this or the previous financial year.
## **8. CASH AT BANK AND IN HAND**
|Cash at Bank & in Hand
**9. DEBTORS AND PREPAYMENTS**
Sundry Debtors|Unrestricted
Restricted
**Total**
**Total**
Fund
Fund
**05-Apr-22**
**05-Apr-21**
£
£
**£**
**£**
2,444
-
2,444
11,773
**2,444**
**-**
**2,444**
**11,773**
Unrestricted
Restricted
**Total**
**Total**
Fund
Fund
**05-Apr-22**
**05-Apr-21**
£
£
**£**
**£**
-
-
-
-
**-**
**-**
**-**
**-**|
|---|---|
## **10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Independent Examiners Fees
Sundry Creditors|Unrestricted
Restricted
**Total**
**Total**
Fund
Fund
**05-Apr-22**
**05-Apr-21**
£
£
**£**
**£**
600
-
600
550
-
-
-
180
**600**
**-**
**600**
**730**|
|---|---|
## **11. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR**
The CIO held no long term liabilities during this or the previous financial year.
## **12. NET ASSETS BETWEEN FUNDS**
|Fixed Asset Investments
Net Current Assets
Long Term Liabilities|Unrestricted
Restricted
**Total**
**Total**
Funds
Funds
**05-Apr-22**
**05-Apr-21**
£
£
**£**
**£**
1,600
-
1,600
-
1,844
-
1,844
11,043
-
-
-
-
**3,444**
**-**
**3,444**
**11,043**|
|---|---|
13
## **REN'S RESCUE**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 5TH APRIL 2022**
## **13. STAFF COSTS AND NUMBERS**
|**TOTAL**
**2021/22**
£
Gross Wages, Salaries & Fees
3,618
Employer's National Insurance Costs
-
Pension Contributions
-
**3,618**
Consultants who were engaged in each of the following activities:
**TOTAL**
**2021/22**
Activities in furtherance of organisation's objects
3|**TOTAL**
**2020/21**
£
-
-
-
**-**
**TOTAL**
**2021/22**
Nil|
|---|---|
The Charity employs staff on a self-employed basis and is therefore not subject to Taxation or National Insurance Costs.
## **14. TRUSTEES AND OTHER RELATED PARTIES**
During the financial year Trustee Pamela Maunsell received £5,850 (2021/20:£700.00) in relation to the rent of the land in Winestead in furthering the Charity's objects.
No other payments were made to trustees or any persons connected with them during this financial period. No other material transaction took place between the organisation and a trustee or any person connected with them.
## **15. RISK ASSESSMENT**
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
## **16. RESERVES POLICY**
The Trustees have considered the level of reserves they wish to retain, appropriate to the CIO's needs. This is based on the CIO's size and the level of financial commitments held. The Trustees aim to ensure the CIO will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily.
## **17. PUBLIC BENEFIT**
The CIO acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the CIO has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the CIO should undertake.
14
REN'S RESCUE
ICharilatAe Incorkvated Ofganis*Km>
INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS
Report to the trustoe& mwnbern of Ron's Rest ort the aLrounts for tho yogr 51h Awil 2022 Sot wt on pages 6 to 14.
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K. Colthku MAAT
Casde View A¢o•Jntlng Ltd
N8w B8m
Mthltsrry Lar
8osharn
West sUX
P018 8TS
sl October 2022
15