## **REPORT OF THE TRUSTEES AND**
## **FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31ST MARCH 2024**
## **FOR**
## **THE RESCUE HOTEL**
**Evans Entwistle** CHARTERED MANAGEMENT ACCOUNTANTS & TAX ADVISORS
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024**
||**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**|
## **LEGAL AND ADMINSTRATIVE INFORMATION FOR THE YEAR ENDED 31ST MARCH 2024**
## **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 Alexandra Milakovic Greta Sullivan Haley Perkins (appointed 08/08/2023) Andrew Plain (appointed 08/08/2023) Fraser Lewis (resigned 26/06/2023)
## **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
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024**
The Trustees are pleased to present their report together with the financial statements of the charity for the year ended 31st March 2024.
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 charity are:
1) For the public benefit to promote humane behaviour 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, maltreatment, 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 charity are to raise funds to support the hundreds of dogs who find themselves at the Cardiff Dogs Home. The principal use of these funds:
- Provide food
- - Veterinary care
- - Training classes
- Any required building improvements to the dogs home
## **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
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024**
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 surplus of £382,767 and ended the year with a surplus of £584,544. 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 2023/24 AND COMMITMENTS FOR 2024/25**
The Trustees recognise a number of key achievements in 2023/24 and commitments for 2024/25 and these include:-
- 688 dogs taken into the facility and supported with 232 returned to owner and 290 successfully adopted
- The veterinary suite administering 2,472 vaccinations and neutering 943 dogs
- 306 Cardiff Dogs Home dogs neutered and 69 life changing surgeries provided
- Exceeded fundraising target of £500,000 to refurbish the kennels
- Appointed two new Trustees focusing on Education and Governance
- Held first Bark in the Park community event with over 1500 people in attendance
- Phase 1 of the kennel refurbishment which will see the current stable block extended and changed from having 4 kennels to 11 kennels was started in late 23/24 and will be completed in 24/25
- Phase 2 of the kennel refurbishments of replacing 40 kennels in the main block with 34 kennels will start in 24/25
- Apply for planning permission and funding to build 3 secure exercise facilities on land adjacent to Cardiff Dogs Home in 24/25
- Start our education program in schools helping children to understand the basics of responsible behaviour around dogs in 24/25
## **VOTE OF THANKS**
The board would like to express its thanks to the following for their support:-
The Cardiff Dogs Home Valleys Dog Behaviour and Training Pets At Home Association of Dogs and Cats Home (ADCH) Pets Foundation Evans Entwistle Burns Magnet & Steel BECT Capital Contrusction Trianing Group Knox & Wells Ltd Kingfisher Developments
3
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024**
## **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;
- b. observe the methods and principles in the Charities SORP
- c. make judgements and estimates that are reasonable and prudent
- d. state whether the applicable UK accounting standards have been followed, subject to any material departures and explained in the financial statements
- e. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
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: 03 Sep 2024
4
## **REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024**
I report on the accounts of The Rescue Hotel for the year ended 31st March 2024 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:
- a. examine the accounts under s145 of the 2011 Act;
- b. to follow the procedures laid down in the General Directions given by the Charity Commission under s145(5) of the 2011 Act; and
- c. to state whether particular matters have come to my attention
## **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
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024**
|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**
Sales
Interest Income
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
**Costs of generating funds**
Charitable Activities
5
Governance
**TOTAL RESOURCES EXPENDED**
**Net Surplus / (Deficit) for the period**
Surplus B/Fwd
Transfer from general fund
**Surplus C/Fwd**|**Mar 2024**
**Un-**
**restricted**
**Restricted**
**Total**
120,181
214,949
335,130
7,467
-
7,467
-
-
-
-
-
-
17,538
-
17,538
-
-
-
**145,186**
**214,949**
**360,134**
124,610
33,748
158,358
-
-
-
**124,610**
**33,748**
**158,358**
20,576
181,201
201,776
195,207
187,560
382,767
-
-
-
**215,783**
**368,761**
**584,544**|**Mar 2023**|
|---|---|---|
|||**Un-restricted**
**Restricted**
**Total**
224,153
24,030
248,183
530
-
530
-
-
-
-
-
-
11,613
-
11,613
-
-
-|
|||**236,296**
**24,030**
**260,326**|
|||82,878
2,436
85,314
-
-
-|
|||**82,878**
**2,436**
**85,314**|
|||153,418
21,594
175,012
41,789
165,965
207,754
-
-
-|
|||**195,207**
**187,560**
**382,767**|
6
## **STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31ST MARCH 2024**
|Notes
**FIXED ASSETS**
**CURRENT ASSETS**
Trade Debtors
8
Other Debtors
Stock
Cash at bank and in hand
**CREDITORS:**Amounts falling
due within one year:
Other Creditors
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS:**Amounts falling
due after more than one year
**RESERVES**
Unrestricted Funds
9
Restricted Funds
9|**2024**
**£**
**£**
151
492
10,014
5,000
569,006
584,512
117
584,394
584,544
-
584,544
215,783
368,761
584,544|**2023**|**2023**|
|---|---|---|---|
||**£**
492
10,014
5,000
569,006|**£**
2,863
2,210
5,000
372,092|**£**
604
382,165|
||584,512
117|382,165
-||
|||||
||||382,769
-|
||||382,769|
||||195,208
187,561|
||||382,769|
## **ON BEHALF OF THE BOARD OF TRUSTEES:**
Victoria Acreman **TRUSTEE** Haley Perkins **TRUSTEE**
Mathew Acreman **TRUSTEE** Andrew Plain **TRUSTEE**
Greta Sullivan **TRUSTEE**
Alexandra Milakovic **TRUSTEE**
7
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024**
## **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**
|Pets At Home
Meditemp
Centurion
Association of Dogs and Cats Home
Facebook Donations
Web Donations
Other Donations||**Donations**
180,000
12,000
12,000
1,500
1,821
23,703
105,606|
|---|---|---|
|||**336,630**|
8
The notes form part of the financial statements
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024**
## **5. RESOURCES EXPENDED - CHARITABLE ACTIVITIES**
|**Direct Costs**
Advertising & Promotion
Merchandise
Printing, Postage & Stationery
Purchases
Increase/Decrease Stock
Raising Funds
Vet Practice
Dog Food
Kennels
**Support Costs**
Accountancy
Depreciation
Dog Costs
Expensed Equipment
Insurance
Interest Payable
IT Expenses
Motor Expenses
Office Costs
Payroll Costs
Printing, Postage & Stationery
Professional Fees
Repair & Maintenance
Subscriptions
Sundry Expenses
Telephone & Internet
Vet Costs|**Un-restricted**
**Funds**
1,634
9,929
1,522
1,554
-
9,288
-
1,200
453
7,950
1,220
656
511
1,853
830
713
25,244
1,230
5,038
568
429
110
870
51,809
**124,610**|**Restricted**
**Funds**
-
-
-
-
-
76
10,366
23,306
-
-
-
-
-
-
**33,748**|**Total**
1,634
9,929
1,522
1,554
-
9,288
76
10,366
23,306
1,200
453
7,950
1,220
656
511
1,853
830
713
25,244
1,230
5,038
568
429
110
870
51,809|
|---|---|---|---|
||||**158,358**|
**6. STAFF COSTS**
No Trustees received remuneration during the current period. No trustees were reimbursed expenses. Payroll expenses of £25,244 were paid during the year.
## **7. TAXATION**
The Charity is exempt from Corporation Tax on its charitable activities.
## **8.**
## **DEBTORS**
|Trade Debtors
Other Debtors|**2024**
492
10,014
**10,505**|**2023**
2,863
2,210|
|---|---|---|
|||**5,073**|
9
The notes form part of the financial statements
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024**
## **9. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Fund Balances as at 31st March 2024
Net Current Assets
**Total Net Assets**|**Un-restricted**
**Funds**
215,783
**215,783**|**Restricted**
**Funds**
368,761
**368,761**|**Total**
584,544|
|---|---|---|---|
||||**584,544**|
10 The notes form part of the financial statements
## **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 2024 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: 03 Sep 2024
11
## **ANALYSIS OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31ST MARCH 2024**
|Donations
Event Income
Sales
**INCOME**
Advertising & Promotion
Merchandise
Printing, Postage & Stationery
Purchases
Raising Funds
Increase/Decrease Stock
Vet Practice
Dog Food
Kennels
**DIRECT COSTS**
**SURPLUS BEFORE EXPENSES**
Wages
Pensions
Staff Costs
**EMPLOYEE COSTS**
Accountancy
Depreciation
Expensed Equipment
Interest Payable
Insurance
IT Expenses
Dog Costs
Office Costs
Motor Expenses
Printing, Postage & Stationery
Professional Fees
Repair & Maintenance
Subscriptions
Sundry Expenses
Vet Costs
Telephone & Internet
**OVERHEADS**
**SURPLUS**|**2024**
**£**
**%**
335,130
93%
7,467
2%
17,538
5%
**360,134**
**100%**
1,634
0%
9,929
3%
1,522
0%
1,554
0%
9,288
3%
-
-
76
0%
10,366
3%
23,306
6%
**57,675**
**16%**
**302,459**
**84%**
25,004
7%
240
-
-
**25,244**
**7%**
1,200
0%
453
0%
1,220
0%
511
0%
656
0%
1,853
1%
7,950
2%
713
0%
830
0%
1,230
0%
5,038
1%
568
0%
429
0%
110
0%
51,809
14%
870
0%
**75,439**
**21%**
**201,776**
**56%**|**2023**
**£**
**%**
248,183
95%
530
0%
11,613
4%|
|---|---|---|
|||**260,326**
**100%**
3,137
1%
13,518
5%
1,910
1%
463
0%
(5,000)
(2%)
1,050
0%
1,386
1%
-
-|
|||**16,464**
**6%**|
|||**243,863**
**94%**|
|||15,268
6%
2,335
1%|
|||**17,602**
**7%**|
|||530
0%
453
0%
-
-
209
0%
2,759
1%
1,452
1%
2,279
1%
701
0%
1,805
1%
1,142
0%
5,382
2%
2,470
1%
234
0%
-
-
31,256
12%
577
0%|
|||**51,248**
**20%**|
|||**175,012**
**67%**|
12 This page does not form part of the Statutory accounts