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2021-03-31-accounts

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2021

FOR

THE RESCUE HOTEL

THE RESCUE HOTEL

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021

Page
Legal and Administrative Information 1
Report of the Trustees 2
Report of the Independent Examiner of the Trustees 5
Statement of Financial Activities 6
Statement of Financial Position 7
Notes to the Financial Statements 8
Report of the Accountants 11
Analysis of Income and Expenditure 12

THE RESCUE HOTEL

LEGAL AND ADMINSTRATIVE INFORMATION FOR THE YEAR ENDED 31ST MARCH 2021

REGISTERED NUMBERS:

Registered Charity Number

1189079

DIRECTORS AND TRUSTEES

The directors of the charity are its Trustees, for the purpose of charity law and throughout this report they are collectively referred to as Trustees.

The Trustees who served during the year under review and since the year end were as follows:-

Victoria Acreman Mathew Acreman Fraser Lewis Alexandra Milakovic

PRINCIPAL ADDRESS AND REGISTERED OFFICE

C/o Cardiff Dogs Home Westpoint Industrial Estate Penarth Road Cardiff CF11 8JQ

INDEPENDENT EXAMINER

Damian Evans Evans Entwistle Chartered Management Accountants and Tax Advisers Villa House 7 Herbert Terrace Penarth Vale of Glamorgan CF64 2AH

BANKERS

NatWest 250 Bishopsgate London EC2M 4AA

1

THE RESCUE HOTEL

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021

The Trustees are pleased to present their report together with the financial statements of the charity for the year ended 31st March 2021.

Legal and administrative information set out on page 1 forms part of this report.

The financial statements comply with current statutory requirements, the Memorandum and Articles of Association and the Statement of Recommended Practice - Accounting and Reporting by Charities.

OBJECTS AND PRINCIPAL ACTIVITIES OF THE CHARITY

The Rescue Hotel was formed in 2019 to support rescue dogs at the Cardiff Dogs Home. The objects of the chairty are:

1) For the public benefit to promote humane behavior towards dogs in Cardiff and the Vale of Glamorgan through the provision of funding, items, services and support to assist Cardiff Dogs Home in it's work to provide appropriate care, protection, treatment and security for dogs which are in need of care and attention by reason of sickness, maltreatement, poor circumstances or ill usage and to rehome such dogs.

2) To advance the education of the public in matters pertaining to responsible dog ownership and the prevention of cruelty and suffering among dogs.

The principal activities of the chairty are to raise funds to support the hundreds of dogs who find themselves at the Cardiff Dogs Home. The principal use of these funds:

ORGANISATIONAL STRUCTURE GOVERNANCE AND MANAGEMENT

On a day to day basis The Rescue Hotel is managed by a team of volunteers who fulfil a number of roles including:-

Chairman The Board Fundraising

The management team of the organisation meet on a monthly basis.

There are no sub-committees to the board.

TRUSTEE / MANAGEMENT RECRUITMENT AND TRAINING

The founding Trustees of the organisation were recruited from a group of volunteer dog walkers from the Cardiff Dogs Home.

2

THE RESCUE HOTEL

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021

All Trustees are provided with the legal and regulatory information regarding their responsibilities on recruitment.

RISK MANAGEMENT AND RESERVES POLICY

The organisation commenced the year with a deficit of £0 and ended the year with a surplus of £110,730. The operating performance of the charity is set out on pages 6 to 10.

The Trustees recognise the need to manage the key financial risks. The key risks are identified as:-

a. non-expansion in diversity of income base;

ACTIVITIES AND ACHIEVEMENTS FOR 2020/21 AND COMMITMENTS FOR 2021/22

The Trustees recognise a number of key achievements in 2020/21 and these include:-

Establishing a Rescue Hotel website with online shop; Providing a new Portacabin for the Cardiff Dog Home; and

Raising awareness of The Rescue Hotel through ambassadors Sam Warburton and Lucy Owen

VOTE OF THANKS

The board would like to express its thanks to the following for their support:-

The Cardiff Dogs Home Admiral - EUI Limited Battersea Dogs and Cats Home Animal Friends

3

THE RESCUE HOTEL

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021

STATEMENT OF TRUSTEES RESPONSIBILITIES

The Trustees are responsible for preparing the Trustee's report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (UK GAAP).

The trustees are responsible for preparing the financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including income and expenditure, of the charity for that period. In preparing these financial statements, the trustees are required to:

a. select suitable accounting policies and then apply them consistently;

The Trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity website. Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

In Planning our activities for the period we kept in mind the Charity Commissions guidance on public benefit at our Trustees meetings.

On behalf of the Board

Victoria Acreman Chair

Date: 09 Jul 2021

4

THE RESCUE HOTEL

REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021

I report on the accounts of The Rescue Hotel for the year ended 31st March 2021 which are set out on pages 6 to 10.

RESPECTIVE RESPONSIBILITIES OF TRUSTEE AND EXAMINER

The Trustees (who are also the directors of the company for the purpose of company law) are responsible for the preparation of the accounts. The Charity's Trustees consider that an audit is not required for this period under s145 of the Charities Act 2011 (the 2011 Act), and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

BASIS OF INDEPENDENT EXAMINER'S REPORT

My examination was carried our in accordance with the General Directions given by the Charity Commission. My examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes a consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as 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.

Damian Evans BSc (Hons) FCMA CGMA Evans Entwistle Independent Examiner Villa House 7 Herbert Terrace Penarth Vale of Glamorgan CF64 2AH

5

THE RESCUE HOTEL

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2021

Notes
INCOMING RESOURCES
Incoming resources from generated funds
Donations
4
Activities for Generating Funds
Event Income
Incoming resources from charitable activities
Fundraising
Other incoming resources
Other income
Interest Income
Other Income
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Costs of generating funds
Charitable Activities
5
Governance
TOTAL RESOURCES EXPENDED
Net Surplus/(Deficit) for the period
Deficit B/Fwd
Transfer from general fund
Deficit C/Fwd		 Mar 2021
Un-
restricted
Restricted
Total
74,559
88,238
162,797
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
74,559
88,238
162,797
29,517
22,549
52,066
-
-
-
29,517
22,549
52,066
45,041
65,689
110,730
-
-
-
-
-
-
45,041
65,689
110,730		 Mar 20
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-

6

THE RESCUE HOTEL

STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31ST MARCH 2021

Notes
FIXED ASSETS
CURRENT ASSETS
Debtors
8
Cash at bank and in hand
CREDITORS:Amounts falling
due within one year
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS:Amounts falling
due after more than one year
RESERVES
Unrestricted Funds
9
Restricted Funds
9
ON BEHALF OF THE BOARD OF TRUSTEES:
Victoria Acreman
Mathew Acreman
TRUSTEE
TRUSTEE		 2021
£
£
-
6,161
104,569
110,730
-
110,730
110,730
-
110,730
45,041
65,689
110,730
Fraser Lewis
TRUSTEE		 2020 2020
£
-
-		 £
-
-
-
-
-
-
-
-
-
-

7

THE RESCUE HOTEL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021

1. STATUTORY INFORMATION

Cardiff Dogs Home, The Rescue Hotel is a charity, registered in England and Wales, registration number 1189079. The registered office is Cardiff Dogs Home, Westpoint Industrial Estate, Penarth Road, Cardiff, CF11 8JQ

2. COMPLIANCE WITH ACCOUNTING STANDARDS

The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.

3. ACCOUNTING POLICIES

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.

Presentation Currency

The accounts are presented in £ sterling.

Resources Expended

Resources expended are allocated in the Statement of Financial Activities on an accrual basis exclusive of VAT, or inclusive where VAT cannot be recovered.

Cost of Generating Funds

These include the costs of fundraising.

Charitable Activities

Support costs are allocated between direct charitable expenditure and support costs on accruals basis, inclusive of any VAT that cannot be recovered.

Governance Costs

These include the costs of external scrutiny and costs associated with constitutional and statutory requirements.

Fund Accounting

Funds held by the charity are either:-

Unrestricted funds - these are funds which can be used in accordance with the charitable objects at the discretion of the Trustees.

Restricted Funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the Donor or when funds are raised for particular restricted purposes.

Liabilities

The financial statements are prepared on an accrual basis thus recognising all liabilities when the charity has committed itself to an expense or contractual obligation.

Income

All income resources are accrued when received.

4.

DONATIONS

Admiral
Battersea Dog & Cat Home
Animal Friends
Web Sales/Donations
Facebook Donations
Other Donations		 Donations
25,000
5,000
10,000
26,446
15,068
81,283
162,797

8

The notes form part of the financial statements

THE RESCUE HOTEL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021

5. RESOURCES EXPENDED - CHARITABLE ACTIVITIES

Direct Costs
Advertising & Promotion
Merchandise
Printing, Postage & Stationery
Vet Practice
Support Costs
IT Expenses
Office Costs
Printing, Postage & Stationery
Professional Fees
Repair & Maintenance
Sundry Expenses		 Un-restricted
Funds
1,805
5,424
1,290
-
859
969
575
17,502
193
900
29,517		 Restricted
Funds
-
-
-
22,549
-
-
-
-
-
-
22,549		 Total
1,805
5,424
1,290
22,549
859
969
575
17,502
193
900
52,066
6. STAFF COSTS
No Trustees received remuneration during the current period. No trustees were reimbursed expenses.
Payroll expenses of £0 were paid during the year
7. TAXATION
The Charity is exempt from Corporation Tax on its charitable activities.
8. DEBTORS
2021 2020
Trade Debtors - -
Other Debtors 6,161 -
**6,161 ** -

9

The notes form part of the financial statements

THE RESCUE HOTEL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021

9. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fund Balances as at 31st March 2021
Net Current Assets
Total Net Assets		 Un-restricted
Funds
45,041
45,041		 Restricted
Funds
65,689
65,689		 Total
110,730
110,730

10

The notes form part of the financial statements

THE RESCUE HOTEL

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF THE RESCUE HOTEL

In accordance with our terms of engagement and in order to assit you to fulfil your duties, we have compiled the financial statements of the charity for the Year ending 31st March 2021 which comprise the Statement of Financial Activities, the Statement of Financial Position and the related notes from the accounting records and information and explanations that you have given us.

We have carried out this engagement in accordance with technical guidance issued by the Chartered Institute of Management Accountants and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Evans Entwistle Chartered Management Accountants Villa House 7 Herbert Terrace Penarth CF64 2AH

Dated: 09 Jul 2021

11

THE RESCUE HOTEL

ANALYSIS OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31ST MARCH 2021

Donations
EVENT INCOME
Advertising & Promotion
Merchandise
Printing, Postage & Stationery
Vet Practice
DIRECT COSTS
SURPLUS BEFORE EXPENSES
IT Expenses
Office Costs
Printing, Postage & Stationery
Professional Fees
Repair & Maintenance
Sundry Expenses
OVERHEADS
Interest Income
Other Income
OTHER INCOME
SURPLUS		 2021
£
%
162,797
100%
162,797
100%
1,805
1%
5,424
3%
1,290
1%
22,549
14%
31,068
19%
131,729
81%
859
1%
969
1%
575
0%
17,502
11%
193
0%
900
1%
20,999
13%
-
-
-
-
-
-
110,730
68%		 2020
£
%
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-

12

This page does not form part of the Statutory accounts