**ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2023**
## **REN'S RESCUE**
(Charitable Incorporated Organisation) **CHARITY REGISTRATION No: 1184052**
Solutions Accountancy & Bookkeeping Ltd 1 The Mews Little Brunswick Street Huddersfield HD1 5JL
**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|
**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 2022 **END OF FINANCIAL YEAR** 5th April 2023 **TRUSTEES AT 5TH APRIL 2023** 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**
Rose Garth Hull Road Keyingham Hull HU12 9ST
## **PRIMARY BANKERS**
## **INDEPENDENT EXAMINERS**
Lloyds Bank Plc 25 Gresham Street London EC2V 7HN Solutions Accountancy & Bookkeeping Ltd 1 The Mews Little Brunswick Street Huddersfield HD1 5JL
**REN'S RESCUE** (Charitable Incorporated Organisation)
## **TRUSTEES' REPORT FOR THE YEAR ENDED 5TH APRIL 2023**
## **Animals**
The year 2022-2023 was our busiest to date with well over 300 wild animals cared for at the centre. The mix of species was much like previous years with a few more foxes and owls. However we were forced to cutback on the number of waterbirds admitted, in particular herring gulls, and on rescue hens, due to the very real risk posed by avian influenza. We wait to see how DEFRA/APHA will handle this issue in the future.
## **Expansion**
We were correct in our assumption that planning permission would take a long time to achieve. By year end it was still being discussed and further reports requested. Hopefully, we will secure permission during 2023-2024.
## **Training**
Our commitment to CPD is as strong as ever and Pamela undertook a further two courses with Secret World Wildlife Rescue. She has also drawn up a new training plan for volunteers working with animals on the site and made a start on a plan for training volunteer drivers
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, our Treasurer, continues to bring in funds from Trusts and Grants.
We opened a second shop in East Hull, which has proved to be very successful but both shops suffer from lack of committed volunteers. An issue that must be addressed during the next financial year.
## **Finance**
Our income for the year increased to £74,962 with expenditure of £73,274 leaving us with a net income surplus over expenditure of £1,688 and a balance carried forward of £5,132 for the period ended 5th April 2023.
The bulk of our income came from a generous grant from Animal Friends (£1000), our two shops (approx. £60000 gross) and some amazing support from members of the public (approx. £12000) made up the bulk of our income for the year.
In terms of expenditure, the biggest outlay was on our shop to cover rent, staffing and equipment (approx. £19000). We spent over £9000 feeding the animals, and our transport bill came to approx. £8000).
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 other methods of fund-raising aside from our shops and donations from grants and trusts.
**REN'S RESCUE** (Charitable Incorporated Organisation) **TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 5TH APRIL 2023**
## **Reserves Policy**
The trustees have decided that holding just £2,000 reserves at any time is sufficient for the year ended 5th April 2023. This ensures the charity is able to meet its financial obligations, including covering day-to-day operational costs and ensuring a buffer for unforeseen circumstances. The policy is to be reviewed each financial year end.
## **Volunteers**
Although the shop is fully staffed, we could do with a few more volunteers to help with sorting and to enable us to open seven days a week.
We were unable to find a regular onsite volunteer over the summer and this meant employing a part-time worker which was a substantial drain on our resourcs. Nevertheless, having a reliable and skilled employee meant we were able to help more animals and keep the Hospital in much better order.
Attendance at Sanctuary Sundays’ continued to be patchy this year and more thought must be given to making them more attractive to volunteers.
## **Conclusion**
The Rescue continues to thrive but there are issues, particularly around volunteers, that need to be addressed as a matter of urgency
## **Trustees' Responsibilities**
The Charities Act 2011 requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the CIO and of the surplus of the CIO for that period. In preparing those financial statements the trustees are required to:
Select suitable accounting policies and apply them consistently
- Make judgements and estimates that are reasonable and prudent
Prepare financial statements on the going concern basis unless it is inappropriate to presume that the trust will continue in existence.
The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the CIO. They are also responsible for safeguarding the assets of the CIO and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustee on: **05/01/2024**
## Pamela Maunsell
Signed on their behalf by Trustee………………………. Pamela Maunsell (Jan 31, 2024 07:31 GMT)
Printed Name: **Pamela A Maunsell**
## **REN'S RESCUE**
## (Charitable Incorporated Organisation)
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5TH APRIL 2023**
|**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)**
Funds Brought Forward
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**
**Funds**
**£**
**Designated**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**TOTAL**
**2022/23**
**£**
**TOTAL**
**2021/22**
**£**
13,854
-
-
13,854
27,655
60,837
-
-
60,837
7,706
1
-
-
1
-
270
-
-
270
601
**74,962**
**-**
**-**
**74,962**
**35,962**
67,469
-
-
67,469
36,961
3,169
-
-
3,169
1,724
2,636
-
-
2,636
4,875
**73,274**
**-**
**-**
**73,274**
**43,560**
**1,688**
**-**
**-**
**1,688**
**-7,599**
3,444
-
-
11,043
**5,132**
**-**
**-**
**1,688**
**3,444**|
|---|---|
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.
## **REN'S RESCUE**
(Charitable Incorporated Organisation)
## **BALANCE SHEET**
## **AS AT 5TH APRIL 2023**
||**Note**|**Unrestricted**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|
|||**Funds**|**Funds**|**05-Apr-23**|**05-Apr-22**|
|||**£**|**£**|**£**|**£**|
|**FixedAssets**||||||
|Tangible Assets|2|800|-|800|1,600|
|Investments|7||||-|
|TotalFixedAssets||**800**|**-**|**800**|**1,600**|
|**Current Assets**||||||
|Debtors&Prepayments|9|-|-|-||
|Cash at Bank and in Hand|8|4,932|-|4,932|2,444|
|Total Current Assets||**4,932**|**-**|**4,932**|**2,444**|
|Creditors: Amounts falling year due within one|10|600|-|600|600|
|NETCURRENTASSETS||4,332|-|4,332|1,844|
|TOTALASSETSless current liabilities||**5,132**|**-**|**5,132**|**3,444**|
|Creditors: Amounts falling due inmorethan one year|11|-|-|-|-|
|**NET ASSETS**||**5,132**|**-**|**5,132**|**3,444**|
|**FundsoftheCharity**||||||
|General Funds||5,132|-|5,132|3,444|
|Designated Funds|6|-|-|-||
|Restricted Funds|5|-|-|-||
|**TotalFunds**||**5,132**|**-**|**5,132**|**3,444**|
Approved by the Trustee on: **05/01/2024**
## Pamela Maunsell
Signed on their behalf by Trustee……… Pamela Maunsell (Jan 31, 2024 07:31 GMT)
Printed Name: **Pamela A Maunsell**
**REN'S RESCUE** (Charitable Incorporated Organisation) **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2023**
## **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.
**REN'S RESCUE** (Charitable Incorporated Organisation) **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 5TH APRIL 2023**
## **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 Motor Vehicle
25% - Reducing Balance Basis 33% - Straight Line Basis
## **2. TANGIBLE FIXED ASSETS**
|Cost
06-04-22
Additions
Net Book Value at
05-04-23
Depreciation B/fwd
06-04-22
Depreciation Charge
Depreciation at
05-04-23
Net Book Value
05-04-23
Net Book Value
05-04-22|**Motor Vehicles**
**Fittings &**
**Equipment**
**Total 2022/23**
**£**
**£**
**£**
2,400
-
2,400
**2,400**
**-**
**2,400**
800
-
800
800
-
800
**1,600**
**-**
**1,600**
**800**
**-**
**800**
**1,600**
**-**
**1,600**|
|---|---|
The annual commitments under non-cancelling operating leases and capital commitments are as follows:
5th April 2023 : None
5th April 2022 : None
## **REN'S RESCUE**
## (Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 5TH APRIL 2023**
## **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**
**Funds**
**£**
**Designated**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**TOTAL**
**2022/23**
**£**
**TOTAL**
**2021/22**
**£**
13,854
-
-
13,854
27,655
**13,854**
**-**
**-**
**13,854**
**27,655**
441
-
-
441
559
60,396
-
-
60,396
7,148
**60,837**
**-**
**-**
**60,837**
**7,707**
1
-
-
1
-
**1**
**-**
**-**
**1**
**-**
270
-
-
270
601
**270**
**-**
**-**
**270**
**601**|
|---|---|
## **REN'S RESCUE**
## (Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 5TH APRIL 2023**
## **4. RESOURCES EXPENDED**
|**Note**
**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
Software
Stationery and printing
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**
**Funds**
**£**
**Designated**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**TOTAL**
**2022/23**
**£**
**TOTAL**
**2021/22**
**£**
487
-
-
487
6
214
-
-
214
10
606
-
-
606
-
800
-
-
800
800
4,792
-
-
4,792
3,024
-
-
-
-
1,827
5,311
-
-
5,311
4,772
68
-
-
68
76
1,809
-
-
1,809
2,486
-
-
-
-
-
-
-
-
-
101
6,919
-
-
6,919
340
1,241
-
-
1,241
835
13,516
-
-
13,516
5,850
11,152
-
-
11,152
7,033
5,308
-
-
5,308
3,618
619
-
-
619
1,254
53
-
-
53
-
416
-
-
416
-
629
-
-
629
101
284
-
-
284
486
9,310
-
-
9,310
3,019
3,652
-
-
3,652
1,304
283
-
-
283
18
**67,469**
**-**
**-**
**67,469**
**36,960**
3,169
-
-
3,169
1,724
**3,169**
**-**
**-**
**3,169**
**1,724**
600
-
-
600
600
2,036
-
-
2,036
4,275
**2,636**
**-**
**-**
**2,636**
**4,875**|
|---|---|
**REN'S RESCUE**
## (Charitable Incorporated Organisation) **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 5TH APRIL 2023**
## **5. RESTRICTED FUNDS**
The CIO held no restricted funds during this or the previous financial year.
## **6. DESIGNATED FUNDS**
The CIO held no designated funds during this financial year.
## **REN'S RESCUE**
## (Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 5TH APRIL 2023**
## **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
Sundry Debtors
Independent Examiners Fees
Fixed Asset Investments
Net Current Assets
**9. DEBTORS AND PREPAYMENTS**
**10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**12. NET ASSETS BETWEEN FUNDS**
**11. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR**
The CIO held no long term liabilities during this or the previous financial year.|**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**TOTAL**
**2022/23**
**£**
**TOTAL**
**2021/22**
**£**
4,932
-
4,932
2,444
**4,932**
**-**
**4,932**
**2,444**
**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**TOTAL**
**2022/23**
**£**
**TOTAL**
**2021/22**
**£**
- - - -
-
- -
-
**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**TOTAL**
**2022/23**
**£**
**TOTAL**
**2021/22**
**£**
600 -
600
600
**600**
**-**
**600**
**600**
**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**TOTAL**
**2022/23**
**£**
**TOTAL**
**2021/22**
**£**
800
-
800
1,600
4,332 -
4,332
1,844
**5,132**
**-**
**5,132**
**3,444**|
|---|---|
## **REN'S RESCUE** (Charitable Incorporated Organisation) **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 5TH APRIL 2023**
## **13. STAFF COSTS AND NUMBERS**
|Gross Wages, Salaries & Fees
Consultants who were engaged in each of the following activities:
Activities in furtherance of organisation's objects|**TOTAL**
**2022/23**
**£**
**TOTAL**
**2021/22**
**£**
5,308
3,618
**5,308**
**3,618**
**TOTAL**
**2022/23**
**£**
**TOTAL**
**2021/22**
**£**
2
3|
|---|---|
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 £11,814 (2021/22:£5850.00) 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.
(Charitable Incorporated Organisation)
## **REN'S RESCUE**
## **INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS**
Report to the trustees/ members of Ren’s Rescue on the accounts for the year ended 5th April 2023 set out on pages 6 to 14.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
## It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
• follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- state whether particular matters have come to my attention
## **Basis of independent examiner's statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination Includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true’ and fair’ view and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that in any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act; and
• to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
## have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Solutions Accountancy & Bookkeeping Ltd 1 The Mews Little Brunswick Street Huddersfield HD1 5JL
Date: **22/01/2024**