## **ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2021**
## **FELINES 1ST**
(Charitable Incorporated Organisation)
## **CHARITY REGISTRATION NUMBER: 1185069**
Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS
1
## **FELINES 1ST**
(Charitable Incorporated Organisation)
## **CONTENTS**
|Page 3|Legal and Administrative Information|
|---|---|
|Pages 4 to 7|Trustees' Report|
|Page 8|Statement of Financial Activities|
|Page 9|Balance Sheet|
|Pages 10 to 16|Notes to the Financial Statements|
|Page 17|Independent Examiner's Report|
2
## **FELINES 1ST**
(Charitable Incorporated Organisation)
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**CHARITY NUMBER** 1185069 **DATE OF REGISTRATION** 28th August 2019 **START OF FINANCIAL YEAR** 6th April 2020 **END OF FINANCIAL YEAR** 5th April 2021 **TRUSTEES AT 5TH APRIL 2021** J. Newton R.J Collins R.E Martin P. Cooper K. White (Appointed 21st February 2021) A. Harris (Appointed 21st February 2021) L. Devine (Resigned 30th November 2020) **LEGAL STATUS** Charitable Incorporated Organisation **GOVERNING INSTRUMENT** CIO - Association Registered 28th August 2019
## **OBJECTS**
For the public benefit to promote humane behaviour towards Cats by providing appropriate care, protection, treatment and security for Cats in and around the Surrey/Sussex area which are in need of care and attention by reason of sickness, maltreatment, poor circumstance or ill usage, in particular but not exclusively by; **a)** Rescuing Cats that that are in need, alone or vulnerable; **b)** Reuniting lost Cats with their owners; **c)** Rehoming Cats that have been rescued or are no longer wanted; **d)** Undertaking a trap, neuter and release programme for feral colonies; **e)** Providing Cat welfare education, including promoting the neutering of Cats.
**CORRESPONDENCE ADDRESS** Felines 1st Pinnacle, 3rd Floor Station Way Crawley West Sussex RH10 1JH **PRIMARY BANKERS** HSBC Bank Plc 9 The Boulevard Crawley West Sussex RH10 1UT **INDEPENDENT EXAMINERS** Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS
3
## **FELINES 1ST**
(Charitable Incorporated Organisation)
## **TRUSTEES' REPORT FOR THE YEAR ENDED 5TH APRIL 2021**
## **Report of the Trustees' for the year ending 5th April 2021**
The trustees are pleased to present their annual report and financial statements of the charity for the year ended 5th April 2021.
The financial statements comply with the Statement of Recommended Practice – Accounting and Reporting by Charities (FRS102: SORP 2019) accounts, and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
## **1. Our Purpose and Activities**
Felines 1[st] legal purpose, is to further the public benefit of promoting humane behaviour towards cats by providing appropriate care, protection, treatment and security for cats in and around the Surrey/Sussex area, which are in need of care and attention by reason of sickness, maltreatment, poor circumstances or ill usage.
The main activities undertaken to deliver on its purpose, are:
- a) Rescuing cats that are in need, alone or vulnerable;
- b) Reuniting lost cats with their owners;
- c) Rehoming cats that have been rescued or are no longer wanted;
- d) Undertaking a ‘trap, neuter and release’ programme for feral colonies;
- e) Providing cat welfare education, including promoting the neutering of cats.
## **Our Volunteers:**
Felines 1st is staffed entirely by volunteers, there are no salaried employees in the organisation. The Charitable Incorporated Organisation (CIO) is therefore entirely dependent on the services provided by these volunteers.
The roles of volunteers include the governance, management, and all essential activities to delivering on the legal purpose of the CIO. Furthermore, membership of the CIO is open to anyone who is interested in furthering its purpose. The roles of the volunteers include those of trustees, and committee members, who oversee the following areas of responsibility: Governance and Management, Rescue, Reunite & Return Activities, Rehoming, Asset Management, Volunteer Engagement.
## **2. Achievements and Performance**
Felines 1st began its second year of operational activities on 1st April 2020, having only started its operations on 28th August 2019. As a young charity, it is very impressive to see the achievements of approximately 17 volunteers, who have changed the lives of many cats in our community who were homeless, unwanted or had fallen on hard times due to no fault of their own.
It is only thanks to the hard work, dedication, and skills of the volunteers at Felines 1st that so much has been achieved from such a small organisation. During the reporting period, Felines 1st fulfilled both its mission and its legal purpose, through the following achievements and activities:
- We rescued 114 cats that were vulnerable and in difficult circumstances. Since our charity started, we have rescued 195
- cats in total.
- **a.** Some of these cats were born into vulnerability to un-neutered feral parents.
- **b.** Some cats had been found homeless and abandoned, with no access to veterinary care and had to find food from waste bins and sympathetic public.
- **c.** Some cats were rescued as they were at risk through proximity to busy roads.
Frequently, cats in need of help or rescue, are reported to us by members of the local community. Trapping and rescue of these animals is the responsibility of the Trapping and Rescue Officer.
4
## **FELINES 1ST**
(Charitable Incorporated Organisation)
## **TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 5TH APRIL 2021**
- We rehomed 103 cats during the reporting period. Since our charity started, we have found homes for 144 cats in total:
- **a.** Cats are only homed to carefully vetted households, to confirm that the adopters are responsible and are able to look after a cat, meeting all of its needs, and to ensure that the household is compatible with the specific needs of each cat. The finding of suitable homes is the responsibility of the Homing Officer.
**b.** All cats in our care are looked after by dedicated volunteers, either in outdoor pens, or indoors with our indoor fosterers. They are always provided with proper veterinary care, food, shelter, and an enriching environment. The welfare of all animals in our care, is the responsibility of the Welfare Officer.
- We have reunited 19 cats with their grateful owners, and have a page dedicated to lost cats https://felines1st.org/reunited-
- success-stories/ Here is an example of a cat successfully reunited with its owner: https://felines1st.org/lucky-lola/
- We provided cat welfare education to the general public through several means:
- **a.** Through our website and social media forums including Facebook, Twitter and Instagram educational articles written for the general public. Some examples follow:
- **i.** https://felines1st.org/welcoming-a-furry-feline-into-your-home-what-you-need-to-know/
- **ii.** https://felines1st.org/rescue-stray-cat/
- **iii.** https://felines1st.org/gollums-column/
- **b.** At cat homing shows, we have promoted the neutering of cats and informed the public about the importance of microchipping and cat welfare.
**c.** All cats rehomed by Felines 1st are vet-checked, vaccinated, neutered (if age appropriate), flea- and worm-treated and microchipped.
**d.** Our rehoming procedure ensures that we screen prospective owners to ensure that vaccinations of other animals in their care, are completed and up to date. These discussions are not only for the benefit of a particular cat, but also provide the opportunity to inform the wider community about the importance of vaccinations.
We overcame a variety of challenges as the fallout from the COVID-19 pandemic continued. One of the most impactful factors was that we were unable to raise funds at face-to-face events such as our cat homing shows and car boot sales. Our income for this period mainly came from adoption fees for rehomed cats, financial grants, scrap metal and online sales. We faced other challenges including securing stocks of cat food, having limited access to veterinary services, and not being able to rehome cats during the first lockdown. We put contingencies in place to mitigate against stock shortages by ensuring that we held food and litter for at least 14 days. We maintained regular contact with all volunteers and in particular with fosterers to ensure that the needs of cats were met, and supplies of food and litter were always available, and access to veterinary services was possible if needed. Additionally:
**a.** We used our website and social media channels to make direct appeals for support and donations.
**b.** We featured and promoted easyfundraising.org.uk and Amazon Smile on our homepage, both linked to Felines 1st, as a way of generating income.
**c.** We enabled Felines 1st to be one of the first cat rescue charities to begin rehoming, following the revised government guidelines, by developing COVID-19 procedures aligned to guidance from Defra, the Canine and Feline Sector Group, and the Association of Dogs and Cats Homes (ADCH).
**d.** We continued to drive website traffic via our social media platform which engages a targeted audience and drove further engagement on our website through the publication of articles.
It is the responsibility of the trustees to ensure that we have sufficient funds to look after all the animals in our care, and financial prudence has been central to all our decision-making.
5
## **FELINES 1ST**
(Charitable Incorporated Organisation)
## **TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 5TH APRIL 2021**
## **Highlights:**
**·** The trustees decided to open an additional trustee role, to broaden the depth of experience within the charity.
**·** In May 2020, we applied to the Association of Dogs and Cats Homes (ADCH) for an Emergency Fund Grant and were awarded £2,500 which we could use to purchase food and pay for veterinary costs.
**·** In October 2020, we applied for and were awarded a financial grant from ADCH, to the value of £4,500 to purchase an outdoor cat pen and equipment to enable us to take on more volunteers. As a result of this grant:
**a.** We were able to purchase equipment which enabled us to take on an additional indoor fosterer.
**b.** We increased capacity at an established outdoor fosterer by installing more pens.
**c.** We have purchased more trapping equipment which has helped us to spread our trapping activities more widely, during which we rescued many cats and kittens. One such example case is Milly, a stray found at a travellers' site, who was rescued, vet-checked, neutered, and is now happily settled in her forever home: https://felines1st.org/milly/
**·** We have kept an online record of all the cats we have rehomed to help celebrate success, and engage the community: https://felines1st.org/success-stories/
**·** We have also continuously provided owner updates, which enables the public to see the difference the charity has made to both cats and people: https://felines1st.org/owner-updates/
**3. Structure, Governance and Management**
## **Governing Document**
Felines 1st is a Charitable Incorporated Organisation (CIO), governed by its Constitution dated 26th August 2019. Membership of the CIO is open to anyone who is interested in furthering its purpose, subject to his or her agreement, and acceptance by the other members who by so doing, have in good faith agreed that the new membership would further the purpose of the CIO. A member may be an individual, a corporate body, or an individual or corporate body representing an organisation which is not incorporated.
## **Appointment of Trustees**
During this reporting period, Laura Devine resigned as trustee due to work commitments. We thank her for the excellent way in which she fulfilled her role as an independent trustee, particularly in helping to set up the charity, and for her role as Chair during the period in which she served. We are pleased to report that we have appointed two new trustees, Avril Harris, and Kaitlin White, which has also broadened the depth and experience of our trustee board. Avril Harris is an independent trustee and will therefore not sit on our committee.
As set out in the Governing Document, the CIO will have a minimum of four trustees. At every annual general meeting of the members of the CIO, one-third of the charity trustees shall retire from office (or closest number to a third, if the number is not a multiple of three). The charity trustees to retire by rotation shall be those who have been longest in office since their last appointment or reappointment. The members or the charity trustees may at any time decide to appoint a new charity trustee, whether in place of a charity trustee who has retired or been removed, or in addition to the existing trustees, provided that this does not exceed the maximum allowance of nine trustees.
## **Trustees**
The trustees serving during the year and since the formation of the CIO until year-end were as follows:
||**Trustee name**|**Dates acted if not for**
**whole year**|**Name of body entitled to**
**appoint trustee**|
|---|---|---|---|
|1|Rosemary Collins|1-Apr-20 - 31-Mar-21|Charity trustees|
|2|Laura Devine|1-Apr-20 - 30-Nov-20|Charity trustees|
|3|Rosemary Martin|1-Apr-20 - 31-Mar-21|Charity trustees|
|4|Paul Cooper|1-Apr-20 - 31-Mar-21|Charity trustees|
|5|John Newton|1-Apr-20 - 31-Mar-21|Charity trustees|
|6|Kaitalin White|21-Feb-21 - 31-Mar-21|Charity trustees|
|7|Avril Harris|21-Feb-21 - 31-Mar-21|Charity trustees|
6
## **FELINES 1ST**
(Charitable Incorporated Organisation)
## **TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 5TH APRIL 2021**
## **3. Financial Review**
## **Policy for Holding Reserves**
Felines 1st has not yet been in a position to hold any cash reserves. However, this will likely change in the future when the charity has become more established, at which stage a policy on this would be set and implemented.
## **The Charity’s Principal Sources of Funds**
The principle sources of funds are received from three key areas:
## **· Donations:**
**a.** Adoption donations: An important source of funds is made up of donations made by people when adopting a cat.
**b.** Other donations: We have a range of donors who provide financial support to the charity. We have those that donate regularly and others who make one-off donations. Many of these donors are found through publicising our activities on social media or at our events. Some of our volunteers are also financial donors.
## **· Grant funding:**
**a.** We received a financial grant of £2,500 from ADCH in May 2020 to cover food and veterinary fees, and a financial grant of
- £4,500 in October 2020 to enable us to purchase an additional outdoor pen, trapping equipment and equipment for fosterers.
## **· Fundraising through sale of goods & events:**
**a.** We raised funds from the sale of donated items at car boot sales, Banstead Antiques Fair and cat homing shows for part of the year, and also through donated scrap metal to a metal recycling company.
**b.** All our face-to-face fundraising events, including our flagship event, the Christmas Rehoming Show and Bazaar at the Hawth Theatre were cancelled due to COVID-19 restrictions.
## **Exemptions from Disclosure**
We have no exemptions from disclosure.
## **Trustees' Responsibilities**
The Charities Act 2011 require 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 Trustees on ……………………………………………………………………………………………………………………
Signed on their behalf by Trustee ………………………………………………………………………………………………………………
Printed Name:
7
## **FELINES 1ST**
(Charitable Incorporated Organisation)
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 5TH APRIL 2021**
|**Notes**
**INCOMING RESOURCES**
**Incoming Resources from Generated Funds**
Donations, Grants & Legacies
**3a**
Charitable Activities
**3b**
Activities for Generating Funds
**3c**
Other Incoming Resources
**3d**
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
**Costs of Generating Funds**
Cost of Charitable Activities
**4a**
Governance Costs
**4b**
**TOTAL RESOURCES EXPENDED**
**NET INCOMING (OUTGOING) RESOURCES**
Funds Brought Forward
Transfer Between Funds
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
**2020/21**
**2019/20**
£
£
£
£
9,625
7,000
16,625
9,563
8,410
-
8,410
4,783
7,401
-
7,401
8,292
78
-
78
45
**25,514**
**7,000**
**32,514**
**22,682**
22,832
4,221
27,053
17,699
600
-
600
600
**23,432**
**4,221**
**27,653**
**18,299**
**2,081**
**2,779**
**4,860**
**4,384**
4,383
-
4,383
-
(56)
56
-
-
**6,408**
**2,835**
**9,243**
**4,384**|
|---|---|
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 9 to 16 form part of these financial statements.
8
## **FELINES 1ST**
(Charitable Incorporated Organisation)
## **BALANCE SHEET AS AT 5TH APRIL 2021**
|**Note**
**Fixed Assets**
Tangible Assets
**2**
Investments
**6**
**Total Fixed Assets**
**Current Assets**
Debtors & Prepayments
**8**
Cash at Bank and in Hand
**7**
**Total Current Assets**
**9**
**NET CURRENT ASSETS**
**TOTAL ASSETS**less current liabilities
**10**
**NET ASSETS**
**Funds of the Charity**
General Funds
Restricted Funds
**5**
**Total Funds**
**Creditors:**Amounts falling due within one year
**Creditors:** Amounts falling due in more than
one year|Unrestricted
Restricted
**Total**
**Total**
Funds
Funds
**05-Apr-21**
**05-Apr-20**
£
£
**£**
**£**
975
-
975
1,300
-
-
-
-
**975**
**-**
**975**
**1,300**
-
-
-
-
9,379
2,835
12,214
4,527
**9,379**
**2,835**
**12,214**
**4,527**
3,946
-
3,946
1,443
5,433
2,835
8,268
3,083
**6,408**
**2,835**
**9,243**
**4,383**
-
-
-
-
**6,408**
**2,835**
**9,243**
**4,383**
6,408
-
6,408
4,383
-
2,835
2,835
-
**6,408**
**2,835**
**9,243**
**4,383**|
|---|---|
Approved by the Trustees on ……………………………………………………………………………………………………………………
Signed on their behalf by Trustee ………………………………………………………………………………………………………………
Printed Name:
9
## **FELINES 1ST**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2021**
## **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 has 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.
10
## **FELINES 1ST**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 5TH APRIL 2021**
## **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.
## _**Investments**_
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.
## _**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
11
## **FELINES 1ST**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 5TH APRIL 2021**
## **2. TANGIBLE FIXED ASSETS**
|Cost
06-Apr-20
Additions
Net Book Value at
05-Apr-21
Depreciation
06-Apr-20
Charge
Depreciation at
05-Apr-21
Net Book Value
05-Apr-21
Net Book Value
05-Apr-20|Fixture &
Equipment
**Total**
Fitting
Cost
**2020/21**
£
£
£
-
1,625
1,625
-
-
-
-
1,625
1,625
-
325
325
-
325
325
-
650
650
**-**
**975**
**975**
**-**
**1,300**
**1,300**|
|---|---|
The annual commitments under non-cancelling operating leases and capital commitments are as follows: 5th April 2021 : None
5th April 2020 : None
12
## **FELINES 1ST**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 5TH APRIL 2021**
## **3. INCOMING RESOURCES**
|**a) Donations, Grants & Legacies**
Gifts & Donations
Grants Received
**b) Charitable Activities**
Adoption Fees
Cat Work
Pet Plan|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
**2020/21**
**2019/20**
£
£
£
£
9,625
-
9,625
9,563
-
7,000
7,000
-
**9,625**
**7,000**
**16,625**
**9,563**
8,000
-
8,000
4,270
350
-
350
490
60
-
60
23
**8,410**
**-**
**8,410**
**4,783**|
|---|---|
|**c) Activities for Generating Funds**
Cat Homing Show
Fundraising Income
Sale of Goods
Stall Sales
**d) Other Incoming Resources**
Sundry Income|-
-
-
2,057
369
-
369
243
3,409
-
3,409
2,185
3,623
-
3,623
3,807
**7,401**
**-**
**7,401**
**8,292**
78
-
78
45
**78**
**-**
**78**
**45**|
|---|---|
13
## **FELINES 1ST**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 5TH APRIL 2021**
## **4. RESOURCES EXPENDED**
|**Note**
**a) Cost of Charitable Activities**
Advertising & Publicity
Calendar Costs
Cat Food & Litter Costs
Depreciation Expense
Equipment Costs
Hall Hire
Insurance Costs
Shelter Manager
Sundry Expenses
Veterinary Fees
`
**b) Governance Costs**
Independent Examiners Fees
**9**|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
**2020/21**
**2019/20**
£
£
£
£
-
-
-
84
324
-
324
-
168
-
168
1,281
325
-
325
325
363
1,721
2,084
-
-
-
-
600
257
-
257
254
78
-
78
78
436
-
436
245
20,881
2,500
23,381
14,832
**22,832**
**4,221**
**27,053**
**17,699**
600
-
600
600
**600**
**-**
**600**
**600**|
|---|---|
14
## **FELINES 1ST**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 5TH APRIL 2021**
## **5. RESTRICTED FUNDS**
|ADCH Grant Fund|**Balance**
**Balance**
**06-Apr-20**
Income
Expenditure
Transfers
**05-Apr-21**
£
£
£
£
£
-
7,000
4,221
56
2,835
**-**
**7,000**
**4,221**
**56**
**2,835**|
|---|---|
Restricted funds are wholly represented by the charity's cash reserves and are to be expended as specified above.
## **6. INVESTMENTS**
The CIO held no fixed assets investments during this or the previous financial period.
## **7. CASH AT BANK AND IN HAND**
|Cash at Bank & in Hand
**8. DEBTORS AND PREPAYMENTS**
Sundry Debtors|Unrestricted
Restricted
**Total**
**Total**
Fund
Fund
**05-Apr-21**
**05-Apr-20**
£
£
**£**
**£**
9,379
2,835
12,214
4,527
**9,379**
**2,835**
**12,214**
**4,527**
Unrestricted
Restricted
**Total**
**Total**
Fund
Fund
**05-Apr-20**
**05-Apr-20**
£
£
**£**
**£**
-
-
-
-
**-**
**-**
**-**
**-**|
|---|---|
## **9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Sundry Creditors
Independent Examiners Fees|Unrestricted
Restricted
**Total**
**Total**
Fund
Fund
**05-Apr-20**
**05-Apr-20**
£
£
**£**
**£**
3,346
-
3,346
843
600
-
600
600
**3,946**
**-**
**3,946**
**1,443**|
|---|---|
## **10. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR**
The CIO held no long term liabilities during this or the previous financial period.
15
## **FELINES 1ST**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 5TH APRIL 2021**
## **11. STAFF COSTS AND NUMBERS**
The CIO employed no members of staff during this or the previous financial period.
## **12. TRUSTEES AND OTHER RELATED PARTIES**
No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them.
## **13. 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.
## **14. 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.
## **15. 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
16
## **FELINES 1ST**
## (Charitable Incorporated Organisation)
## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS**
Report to the trustees/ members of Felines 1st on the accounts for the year ended 5th April 2021 set out on pages 8 to 16.
## **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,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to 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.
Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS
Date:
17