St Francis Dogs Home Annual R•port and Flnanclal Statements Year Ended 31 March 2025 Clrity regtratIon number. 1185816
St Francls Dogs Home Contents (continued) Tru8t888' Report 1toS Reference and Admln18tratlve Delalls Statement of Truslee8' Responslbllltles Independent Examlnarfs Report statement of Flnanclal Actlvltle8 Balance Sheet Notes to the Flnanclal Statements 101018
st Francis Dogs Home Trustees, Report Reference and Administrative Details ClrIty Regislratlon Number 1185816 Prlnclpal Office Trevelgue Road Porth Newquay TR7 3LY Trustees Anthony Kinder ACA (Chair) Miles Ashworth Lucy Thomas Bever Dobson {r8signed 30 April 2024) Klrsty Balcombe (on leave of absence) Alison Beck (appointed 29 Aprll 2024> Andy Peters (appointed 25 Janu8ry 2025) Chloe Lawson (appointed 14 Marth 2025) Charlotte Ford (appointed 1 June 2025) Stephens Scown Osprey House Malpas Road Truro Comwall TR1 1RS Sollcltors Bankeys Lloyds Bank PIC 6 Chester Road Chesterton Place Newquay Comwall TR7 2RU Indepondent Examlner Francis Clark LLP Lowin House Trego115 Rd Truro TR12NA
St Francis Dogs Home Trustees, Report (continued) Chalrfs Report This year has been Iransformalional for Sl Francis Dogs Home and our ablllty to dellvery care for stray. abandoned and rellnquished dogs In Comwall. The redevelopment of our slle has now been completed. This involved the demolition of all exl$ling bulldlngs exrApl the Ir8inlng hall and replaclng with a new block of 10 kennels with runs and 2 Isolation kennels plus extenslve groundwork Including new drainage, landscaplng and ulillty room. The plan received buildlng regulation approval in S8plemb8r 2024 and all condlllons were met by the end of 2024. A lender for the work was completed In eady 2025 resulting in the appolntmenl of a main conlraclor. The redevelopment started In March and was Gompleled In early December. The new slle was fomially opened al an event on 17th January 2026, During the redevelopment we continued our anlmal welfare work through our foslertng seNice underplnned by behavSourist 8UPPQrt, velerlnory asslstance and other resources provlded by St Francls as requlred lo support rellnquished dogs and thelr new owners. After as$essmenl we match and rehome dogs with new owners bul If Ihls Is not p08$1ble we have 29 foster carnrs who take In and are for our dogs until they can be rehomed pomanenuy. Wè have rehomed 94 dog$ over the last 12 months ihrough thls proc8s8 and the demand from owners whose dogs needed rehomlng or hav8 been abandoned conllnues to grow. Our sllè monag8r Beverty Dobson and her small team, 8UPPOrted by our volunte&rs. work Ilrelessly to provlde the best care pDsslble for tho dogs under our care. Unfortunately Some dogs need addlllonal cBre duo lo boh8vlour811s8u88 or other medlcal problem8. Wlth our new kennels we can now provlde all c8re onslts which Is loss slre8sful for our dogs and more cost effectlve and efficient than puttbng them In offslte kennels, Thls Includes vel8rinary care provlded by Edhen Vets who have leased Beav8r Lodge whlch Is owned by Sl Francls Dogs Home and 8dlacenl to our Slle. To manage the new facllllles we have recrulted a kennel manager who wlll be part of Bgvetys leam and st8rt In January 2026. Key lo our success Is the support of the local ¢ommunlty and support from Ih? communlty over the past year h8$ agaln been fanlasllc. Our 18am of volunteers has grown from 14 to 46 over the last 12 months wlth another 12 volunteer8 ready to Start In January. Our volunteers help wllh admlnlslratlon. home ¢heck$, site malntsnanc8. lookSng after our dogs and other lobs. Our communlty fundrai8ing team whlch is made up entlrely of volunleors organlses regular ect1lIes. I would Ilke lo thank 811 our volunteers and fostsr car8r8 for Ihelr hard work and support over the past year. w11ft this 8UPPOrt we wouhd not b? able to provlde Ihe care our dogs need. I would also like to thank the Board of Trusteas who are responslble for the strategy and who hav• worked hard again lo dellver the progress Ihls year. Two mor& local trust889 have Joined the Board this year which add8 further anSmal weffare and fvndraislng expertence lo the Board of Trustees. l am confident that wllh th18 8trategy, current Board of Trustee8 and conllnued local support we can provide and grow care for stray. abandoned and relinqul$hed dogs In Comwall. Flnally, I w611 be retlrfng as Cheir and 88 a trustee on 31st January 2026 so would Ilke lo thank everyone who has supported mo and St Francis Dogs Home since l joined the Board in October 2020, first 8s Tr88surer than as Chair from M8y 2022. Now the slle r•devglopment is ¢>)mplete the focus going forward wlll be on fundralslng and govemance whlch I bolieve require8 a Chair more dlreclly involved at a local level than I c8n do remotety. With this In mlnd Andy Peters has agreed lo lake over as Chair. Andy Is localty based and did an outstandlng b as trustee overseeing the site redevebpment SO 18 Mleally placed to take St Fran¢ls Dogs Home for•vard. Anthony Klnd•r AC& Ch•lr of the Board of Ttustees Page 2
St Francis Dogs Home Trustees, Report (continued) Slructur•, gov?rn•nu and managern•nt Nature ofgovomlng document The Charity operates as Charitable Incorporated Organisalion (CIO} In aGGordance wlth our constltullon and our charitabl8 objectives. The overall responslbllty for the Charlty and declslon maklng Is undertaken by the Board of Trustees. The Trustees have kept. and will Gontlnue to keep, the structure undar r•vl6w. as required by good practlce and Charfty Commlsslon guldance. The old Charlty. St Fr8ncl$ Home for Anim818, 18 now dormant and Sl Francis Dog¥ Home look ov the assets and all other aspects of work from April 2021. Recrultmenl •nd appolntment ol trustees Trustees are recruilod through a mlxture of nehvorklng and advertlsSng. All polentlal new Trustees are asked to submit a CV and other d8tails. They are InlervS8wed by the board who as88ss Ihelr sultablllty agalnst a role d88¢rlption and eny 8kllls Idenllfied as needed on the board. We are 8¢llvely looklng for addltlonal truste8$ who help us wllh our ambttlous and excltlng plans. Inductlon •nd tralnlnq of trte8* All Trustees are glven the Charlty Commlsslon's comprehensive documenl called 'The Essenllal Trustee,. We Impress on them to read Ihls lully before they declde lo take on the role. We dlscuss the role of Trustee al length. Our Trustees 811 subscrfbe lo our Code of Conduct for Tru8te88. Durlng the year Trustees have leamed atjout other aspects of Trusteeshlp and the Charlty Commlsslon, requlremenls and guldance. Arr•ng•m•nts forsettlnB k•y m•n•gem8nt p•rsonnd r•mun•rntlon Key management personn•l currently cornprl8e the Trustees. No Tru3lee18 pald remuneratlon. Staff and contract 881arl6s ore sal In relatlon lo market salades In thè atea end affordablllty after dlscu88liJn and by declslon of the Board of Trustees. Twslees have engaged Ihe servic88 of a veterlnary nur88, professlonal dog bah8vlourist and profe8slonal dog tralner who provld? our losterlng 88rrflce on a contract ba818. Ory•nls•tlonal Strueturn The Charity has a centre at Porth, Newquay. The 8ite underwent r8d8velopem8nl Sn the y88r whlth ncluded bulldlng a new block of 10 kènnels wllh runs and 2 Isolatton kennels. The work was completed In December 2025. Over the urSe of Ihl$ year our dog fostarfng 88rvlce has conllnuèd to glve Immedlate help for rellnqulsh8d dogs. Our dog fostering Is underpinned by behavlourisl support, velerinary asslstance and other resources provided by the Charity to develop the dogs lo become pets that can enjoy and be enjoyed in dome5tlc homes. We will focus on professional behavloural support for dogs and owners and, in Cases where it Is appropriate, will glve support to owners who wish to retain their dogs rather than rellnqul$h Ih8m. We have 29 foster carers who take in and care for our dogs until they ean be rehomed pemianently. The fostsr team have successftjlly rehomed 94 dogs in the past year wllh the numbers grovlng each month. The Trustees engag8 speciallsl advice, where neèded. in Iln¢ wlth Charity Commlsslon guklance. Pag8 3
St Francis Dogs Home Trustees, Report (continued) M4i(Y rlsks and manaqem•nt of those nlsks The Tru81888 have assessed the mar risks to whlch the Charfty Is 8xposed and are satlsfléd that sy3lems are in place to manage these risks. Ary rlsks faced are dlscussed al Truslee8' meetings. When 11 1$ consldeTed nec8888ry, professional 8dvlce Is taken to assess and manage such rfsks as may requlre sp8clalist attentlon and advice. ObJ•ctIV and a¢tlvftle• Objects and alms The oblect of tho Charlty 1$ to provld? shelter ond re for 8tray, abandoned and other urwRnled dogs; lo return thom lo Ihelr own8rs 1th8re p0881blo,' lo care for and rehabllltate the others befoie findlng them Sultsble. and lovlng new pem)anenl homes. In addlllon to seek to Inslll responglble dog ownershlp among th? comrnunlty through the example ol good anlmal woware pracllGe and edu¢allon. The Charity8 olm Is to en8ur8 that they have approprlale care, to rehabllltate them 8nd then lo place thern in 8ullobl8 new homes where thty wlll be wantod. loved and cared for ag81n. We have made a polnt of keeplng In contact wlih our supporters, both through our vlbranl and busy Facebook pag8, and through updotes on our webslle. We have also continued to help dog owners who needed our advlce about Ihelr dogs and th8lr care and welfare. Publlc b•n•llt When maklng relonI declslons. partlcularty on developments to the Charftl8 8cllv11108, the Trustse8 havo taken account of the requirements for ¢harltl88 on publ1¢ b8n8ftl.The Iruslees confimi that they have complled wlth the requlrements of sactlon 17 of the Charltles Act 2011 to have due regard to the publlc benelll guldance publlshed by the Chailty Commlsslon lor England and Wal8s. Flnanclal revl•w Al the end of th18 perlod unr881rlcted reserves stood at £1,319,403 (2024.. £1,280,127) which 18 con$lder8d an adequate lovel to cover runnlng costs for Ihe lor88eeable fvture and 18 $Smllar lo the prevlous year. The reseryes Indude an Investmént portfollo valued al £717,918 12024.. £729,232) whlch 18 held lo produce Income and ald In lulure development. The Investment pojffollo made unreallsed galns of £52,601 12024: losses of £35,562} and reall$ed losses on digposals of £11,319 {2024: £4,362) durlng the renecting the lowlm8dlum rfsk Inv8slm&nl mandate wllh the oblectlve of produclng an In¢ome. The unreall8ed galn rellects the Increase In the Va of hlqh yield assets a8 Interest rates decreased. Pag8 4
St Francis Dogs Home Trustees, Report (continued) Poll¢y on reservos The Trustees consider it is prudent lo hold the Charws re$eNes agalnst Its running costs and onsider that il would be reckless to deliberalety deplete resources lo less than one yea¢s trading funds. Thls pollcy also recognises that a percentage of these reserve¥ musl be held avalble for maintenance arKI neWa1 of fixed assets. This policy is reviewed annualty by Ihe Board of Trustees. The R8serves Policy takes into full accg)unt the amount and natu of Ihe Income requlred to fvlfil the Charivs objectives. The income from rehoming, fvndraising and Investments cuver subslantialty less Ihen the costs of running the Chaiity, some money does Gome from legaGies but by Iheir nature the amount is variable. The income is affected by a number of fadors including eGonomiG faGtors and donations, rehoming and investment retums can suffer. The Truste88 also ensure the Charity maintalns some readity accessible cash reserves to COV8r the runnirvJ costs of the Charity. These reseNes are monitored at Trustee Board meelings. Investment pollGy and obJec¢lves The investment portfolio is discretionary managed on a l¢)wlmedium risk mandate with an objective of producing a monthty income. The fvnds are used a5 an additional reserve by the Charity and are managed by Walker Crips Investment Management Ltd. The annual report wa5 approved by Ihe Trustees of the charfty on ...21....AArf . and signed on their behalf by Anthony Kinder Chair of the Board of TTUStees Page 5
St Francls Dogs Home Statement of Trustees, Responsibilities The Iruslees are responslblè for prepartng the trustees. report and the financlal statements in accordance with the United Kingdom Accounting Standards (United Klngdom Generally ApIed Acwunling Practice) and applicable law and regulalions. The law applicable to charities requlres the trustees to prepare financlal statements for each financial year whlch glve a true and fair vtew of the state of affalrs of the charity and of the incoming resources and application of resources of the charity for that perfod. In preparing Ihese flnan¢ial statements. the trustees are required to: select $uitsble accounting pollcles and then apply them consislenty, obseNe the methods and principle$ in the Charilles SORP., make judgements and estimates that a reasonable and prudent; state whether applicable a¢¢ounling standards have been followed. subject to any mal&ial departures disclosed and explained in the finanGial statements: and prepare the financial statements on the going nCern ba81$ unless it is Inappropri*e lo presume that the charity will conllnue In business. The trustees are responsible for keeping proper accounlirvJ records that dS8¢lose with reasonable accuracy at any tlme the financial posilion of the charity and enable them to ensure that the financial statements compty with the Charflies Act 2011, the Charities (AGGounts and Reports) Regulations 2008, and the pn)visions of the constitution. The Irustees a also responslble for safeguarding the assets of the charity and hence for taking reasonable 5t8ps for the prevention and detection of fraud and other irregulariltes. The trustees are r8sponsible for Ihe malntenance and integrlty of the corporak and financial information Induded on the charilable companys website. Legislation goveming the preparation and dissemination of financial statements may differ from legislation tn otherjurlsdiclions. Approved by the trustees of the charity on ..?.i/...I.ALand slgned on its behalf by. Anthony Kinder ACA (Chair) Trustee Page 6
St Francis Dogs Home Independent Examinerfs Report to the trustees of St Francis Dogs Home I repDrt lo the charity trustee5 on my examination of lh8 accounts of the charity for the perlryj ended 31 March 2025 which are set out on pages 8 to 18. Responsibilities and basls of report As the charity trustees of St Francls Dogs Home you are responslble for the preparation of Ihe accounts in accordance with the requirements of tha Charille$ AGt 2011 ('the Acl.). I report In respect of my •xaminalion of the St Francis Dogs Home'$ accounts Carried out urKler section 145 of the 2011 Act and in caYing out my examination I have followed all the appllcable Directions given by the Charity Commission under section 145(5)Ib) of the AGI. Independent frxamlner's statement I have completed my examination. l nmi th81 no material matters have Gome lo my attentlon in onneclion with the examination giving me cause to believe that in any material resped: accounling records were not kept in respect of St Francis Dogs Home as required by section 130 of the Act. or 2. the accounts do not accord with those records; or 3. the aounts do not comply with the accounting requirements conceming the fom and content of unts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fair VIe which 1$ not a matter conSided as part of an independent examinalion. I have no wncems and have come across no other matters in connection with the examination to which attention should be drawn in this report In order to gnable a proper understanding of the accounts to be reathed. Darren Perry BA (Honsl ACA DChA Francis Clark LLP Lown House Tre9olls Rd Truro TR12NA Page 7
St Francls Dogs Home Statement of Financial Activities Year Ended 31 March 2025 (Including Income and Expenditure Account and Ststement of Total Recognised Gains and Losses) Unre5tr1cled funds Total 2025 Total 2024 Note Incorne and Endowments from: Donations and legacias Charitable 8Ctlvilles Other trading activities Investment income Other ino?me 39.640 20,340 1,009 53,911 14,168 39.640 20.340 1,009 53.911 14,168 81,238 15,701 1,616 58.905 9.086 Total Income 129.068 129,068 166.546 Expendlturg on: Raising fvnds Charitsble athities (5,7971 125,277 (5,797) 125,277 (4,8711 109,798 Total expendllure Gainsilosses on InVestff1 assets 1131,0741 41,282 (131.0741 41.282 (114,6691 39.923 12 Net income 39.276 39,276 11.954 Nel m¢)vement in fvnds 39.276 39.276 11.954 Reconclllatlon of funds Total funds broughl fopNard Total lunds carried forward 1,280,127 1,319,403 1,280,127 1,268,173 17 1.319,403 1,280.127 All of the charlvs activities derive from conllnulng operations during th8 above tsvo periods. The funds breakdown for 2024 is shown In note 17. Tho fiotos on pages 10 to 18 lorrn an iniegr81 part of these financial slatements. Page 8
st Francis Dogs Home Balance Sheet 31 March 2025 2025 2024 Flxed assets Tangible assets Investments 11 12 125,404 717,918 62,114 729,232 843,322 791,346 Current asxts D8bto Cash at bank and in hand 13 14 19.053 529,430 6.811 498,856 505.667 Crodltors: Amounts lalllng due wlthln one yev 15 2.402 16,886 476.081 488.781 1,319,403 1,280,127 Funds of the charlty: Unrestrlcted Sncome funds Unrestricted funds 1,319.403 1,280,127 Totsl fvnds 17 1,319.403 1,280,127 The nanoal statements on pages 8 to 18 w¥e woved by the trustees. and authorised for issue on . .2& and gned on their behalf by. Anthony Kinder ACA (Chalr) Trustee The Th)les M pages 10 10 18 fcrfm int&Jral port of these finarKaal stslements.
St Francis Dogs Home Notes to the Financial Statements Year Ended 31 March 2025 1 A¢¢ourrtlng pollcle¥ Statom•nt of compllanc• The financial statements have been prepBd kn wllh the 88cond edition of tho Charities Statement of Recommended Practice tssued in October 2019. the Financial Reportlng Standord applicable in the United Kingdom and Rewbtsc of Ireland IFRS 102) and tho Charities A¢t 2011. Basls of prepar•tlon St Frands Dogs Home meets the definition of a pubk benefit entity urKler FRS 102. The accounts (financlal stalern8ntsl have been prepared under the h151orical $t convenlM?n vlth it8ms recc¥nised al eosl or transaction value unless otherwise 8tated In the rnlevant notes to these o¢counts. Golng COnM Tho Iru$lees con8ld8r Ihat there we no mater181 wthrtalnti88 about tho Charws ablllty to continue as golng nC•M nor any 8hJnifS¢anl 8roas of uncertainty that affect lh8 Coj valu8 of assets held by the charity. In¢om• and ondowments Voluntary Income Induding donatiorn. gifts. legaa'e8 aThl grants that wovlde wre lundlng or are of general nature b renISed Ythen the charity has enkn'llgmenl to th8 Income. Is probable th91 trbe Incom8 wlll be recew and Ihe amount can be measurnd with sufficlenl relk9bilty. Donatlons and legades ar• recwnlsed on a recelvable bath when r•celpt h probable and lh8 amount can be reliabty measured. Oeferred Inme reprosents amounts r8c8lvgd for future perbds and bs re880d to Irthmlng resources In the for whlch. tt has been ro¢olved. Suth In(x)me Is ¢)nty defeffed when: - The donor spedfios that the grant or don811on musl only be used In ftrture ac£ounWng padods., or - The donor has imp088d Conditks ¥thlc must be met before the charty has uncOrln81 entitlemenL The value of 8ephce8 provlded by vnI88r$ h85 rK>t been incIled. Inv•sbn•nt Incom• Income from investments Is vecognlsed In ¥thlch it is Ye1vable. Pag8 10
st Francis Dogs Home Notes to the Financial Statements Year Ended 31 March 2025 (continued) Expenditure All exp8nditure recognised once there is a legal or r$trU1ve obfigation to that expenditure, it b probable settlement is required and the amount be measured reliabty. All costs are allocated to the applicable expendtiure heading that aggregate similar o)sts to that catewy. Expenditure indudes any VAT whbth rannot be fully reLvered. arml is repcKted as part of th8 expenditure to which it relates. Ralslng funds These are costs irthrred in attrlIj volurary income. Ihe management of investments and those incurred in tradiro activitses that rai8e fvnds. Ch•ritabh acdvlil•s Charitable expenditure &)mprises those costs incurred by Ihe charity in the defvery of its adwities and services for its beneficiaries. It includes iK)th costs that can be allOted directy to such activities and those costs of an indirect nature necessary to support them. Taxatlon The charity is considered lo pass Ihe tests set oul Paragraph 1 Schedule 6 of the Finance AGI 2010 and therefore tt meets the definilion of a charitable MpanY for UK corporation lax purposes. Accordingly, the charity is polentialty exempt from taxation in respect of income or capilal gains received wthin categories covered by Chapter 3 Parl 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are appThed eXvety to Charitab wrpo¥es. Tanglbl• flxed assets Individual fixed assets $ting £2W or rnore we initiaty recAYded at cglst. less any subsequent aCmUlated depreciation and subsequent accumulated inpairment kjsses. Amortlsatlon Amortisation ts provided on inlarvJible Ted assets so as to wrtte off th8 cosL less any estimated residual value. over exp&*d useful eC0MiC kfe as folkms: Asset class Website Costs Amortlsatlon method and rate 10% straMJht h'ne basi5 PaEe11
St Francls Dogs Home Notes to the Financial Statements Year Ended 31 March 2025 (continued) Depreclatlon Depreciation Is provtded on tangible fixed assets, other than land and properties under construcllon, so as to write off the cost. less any estlmated residual value. over their expected useful economic life as fo51ows: Asset class Land and bulldlrKJS Fumiture and equipment Computer equipment Depreclatlon method and rale 10% straight line b8SiS 10% straight Ilne basis 33% gtralght line basis Flxed ass•1 Investments Fixed asset Investments, 0th8r than prc¥Jramme related Investments. are Included at market value at the balance sheet date. Realised gains and losses on Inveslm8nts are calculated as the difference betsveen sales proceeds and their market valu8 at the stsrt of the ar. or their subsequent cost, and are Gharged or credlled to the Statement of Financial Advlties in the period of disposal. Unreali$ed gains and losses represent the movement in market values during Ihe y8ar and are ¢dI1¢d or charged to the Statement of Financial Activities based on the market value at the year eTrJ. Fund structure Unrestricted income funds are general funds that are available for u$e at th8 trustees disGrelion wi furtherance of the objectives of the tharity. 2 Income from donatlons and legaclos Unrestrlcted funds Total 2025 Totsl 2024 Donations and legacies-, Donations from companies. Irusts and similar proceeds Donations from irKllviduals Legacies 5,301 15.604 18,735 39,640 5,301 15,604 18.735 9,879 71,359 39,640 81.238 Pag812
St Francls Dogs Home Notes to the Financial Statements Year Ended 31 March 2025 (continued) 3 Income from ¢harltable adlvlti Unr•strl¢t•d funds Totsl funds Rehoming fee8 Total for 2025 20,340 20,340 20.340 Total for 2024 15,701 15.701 4 In¢ome from oth•r tradlng actlvltl•• Unr••trlctsd funds Total funds Tradlng Income., Other Iradlng Incomo 1,009 1,009 Totsl lor 2025 Total for 2024 1,616 1.616 S Investment Income Unrnstrlcted fundj Totsl 2025 Totol 2024 Interest rec8lvabl8 and $Smllar Inwmo; Inter8$1 reGeivab18 on bank deposits Other Income from Itxed asset Inveslmènts 2,102 51,809 53,911 2,102 51,809 155 58,750 6 Olhar In¢om• Unraslrlct•d funds Total 2025 Totsl 2024 Tarlff Income Rental income 3.643 10.525 14.168 3,643 10,525 573 8,513 9,086 Pag& 13
St Francls Dogs Home Notes to the Financial Statements Year Ended 31 March 2025 (continued) 7 Expendlture on ralBlng funds al Investment manag¢rnont costs Vnrestrlcted funds Totsl 2025 Total 2024 Portlollo managemenl costs 5,797 5,797 5,797 4,871 4.871 8 Expendlture on charltablg actlvltleg Acllvity undertaken dlroctly Total 2025 Total 2024 Sundry Printing. postage and stsllonary Profitlloss on dtsposal of fixed assets Veteminary fees and ancilliary ¢osts Rehoming fees Repairs and malntenance Insurance commun1tratii and advertising Power, light and healing Rates Independent examiner fees Consultancy fees Legal and professional Staff recruitment & HR o)sts IT software Telephone and intemet Depreclatlon Amortisation Bank Ch8rge$ Travel expenses 1.161 552 1.161 552 779 314 12,096 13,965 46.560 3,975 2.553 2,575 1,760 3,821 2.500 1,870 6,765 261 1,660 760 7.351 233 35.664 54,077 3.699 2.961 250 3282 2,212 3.450 1,890 4.636 35,664 54,077 3.699 2.961 250 3,282 2,212 3,450 1,890 4,636 1.742 893 5,569 1,742 893 5,569 287 2,952 287 2.952 125,277 125,277 109,798 £125,277 {2024.. £109.798) of th& above expenditure was attrfbulabla to unrestricted hjnds and £Nil {2024: £nll) lo restricted funds. Page 14
St Francls Dogs Home Notes to the Financial Statements Year Ended 31 March 2025 (continued) 9 Net Incomlngloutgolng r•sour¢o9 Nel {oulgoingYincoming resources for Ihe >Ear i1le. 2025 2024 ProfiU(loss) on disposal of inveslments Independent examinerfs fee Depreciation of fixed assets Amortisation of intangib Profiullossl on disposal of fixed assets (11.3191 3,450 14,3621 2.875 7,3S1 233 12.096 10 Trnsttss rgmunerntlon and •xpgnses During Ihe >Ear the tharity made the fDlkJwrvJ tran5acliws v•th Inlee$. Beverly Dobson Ireslgned 30 April 20241 £380 {2024.. £1.186) of expenses were reimbursed to Bevety Dobson (reslgned 30 April 2024) during the year. No amounts were outslanding at the end. Donalions made by the trustees wiihwt any coThlitK)ns atta¢1 totall8d £Nil for the >e8r 12024 - £650). 11 Tanglble Ilxed assets Land and Furnliure and bulldlngs equlpment Cornpuler Assets under equlprnent con5tructlon Total Cost At 1 April 2024 Additn8 Trar[S 37.398 1.823 85.704 68.859 68,859 29.031 29,031 At 31 March 2025 8.367 1,823 97.89) 154,563 Deproclatjon At 1 April 2024 Charge foi the year 18.591 23,590 837 5,569 At 31 March 2025 4.182 23239 1,738 29,159 Net book value At 31 March 2025 4.185 23.244 97,890 125,404 At 31 March 2024 27.892 169 62.114 Page 15
St Francls Dogs Home Notes to the Financial Statements Year Ended 31 March 2025 (continued) 12 Flx•d •8Mt Inve¥tm•nts 2025 2024 other Investrnents 717,918 729.232 (Xhfrr Inv•stm•nts Llstod Inve•tm•nts Totsl Co¥1 or Valuatlon At 1 April 2024 Revaluallon Addlllons Dlsposals 729,232 52.601 24,120 88,035 729,232 52,601 24,120 88,035 At 31 March 2025 717,918 717,918 N•t book valu• Al 31 March 2025 717,918 717,918 Al 31 Mah 2024 729,232 729,232 The market value of Ihe118ted Investrnents Is pded by the Inveglment manager8 88 at 31 March 2025. 13 O•btor• 2025 2024 Trade debtors Prepaynents Accrued Incomo VAT recovernble 1,828 1,828 94 2.201 2,688 2.315 14.910 19,053 6,811 14 Caih and cash •qulv•lents 2025 2024 Cash on hand Cash al bank 205 498,651 529,430 529,430 498,856 Page 16
St Francis Dogs Home Notes to the Financial Statements Year Ended 31 March 2025 (continued) 15 Credltors: amounts falllng duo wlthln on• yur 2025 Trade credStOfS Accruals Deferred Income 64,927 6.525 950 8.105 7,956 825 72.402 16.886 2025 2024 Deferred Income at 1 April 2024 Resource8 deferred ID the perth and carld lorward Amounts released from prevws p8ri(Jds Delerred Income at J*ar and 1825) 1950) 825 1825) 825 Deferred Inme relates lo renlal Sncoma rec¢1¥ In advance. 16 Commttm•nts C•pltal commltments The total arnOt ¢ontra¢ted for but not proNrfded In the IlnarKlal statements was £77,148 (2024 - £NII>. 17 Fund• Balance at 1 Aprll 2024 Other In¢omlng R••ourcM r•cognlsed •xpend•d g•ln•l(los•es) Bal•nce at 31 March 2025 Unreslrlctod ndS Ganeral 1.280 127 129,068 131,074 1,319,403 8al•nu at Oth•r 8alanc• at 1 Aprll Incomlng Resourcu rncognlsed 31 Mirch 2023 Tewurcm •xpended yln¥l(losses) 2024 Unr•strfcted fvnd# General 1.268.173 166,546 1,280.127 114,669 39.923 P4• 17
St Francls Dogs Home Notes to the Financial Statements Year Ended 31 March 2025 (continued) 18 An•lysls of nel a88ets betwgan funds Unrestricted funds General Total funds at 31 March 2025 Tanglble fixed assets Ftxed asset investrnents Current assets Current liabilities 125.404 717.918 548,483 72,402 125,404 717,918 548,483 72.402 Total nel asset8 1.319,403 1,319.403 44 Unreslrlct¢d funds General Total funds at 31 March 2024 Tangible fixed assets Fixed assel investments Current assets Current liabilitles 62,114 729,232 505,667 16.886 1,280.127 62,114 729.232 505,667 16,886 1.280,127 Total nel assets Page 18