## **RHINO TEARS JEWELLERY CIO** ## **REPORT OF THE TRUSTEES AND** ## **UNAUDITED FINANCIAL STATEMENTS** **FOR THE PERIOD 6[TH ] APRIL 2023 TO 5[TH] APRIL 2024** ## **RHINO TEARS JEWELLERY CIO** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5[TH] APRIL 2024** ||Page| |---|---| |Report of the Trustees|1 – 2| |Receipts and Payment Account|3| |Balance Sheet|4| |Notes to the Accounts|5| **1** ## **RHINO TEARS JEWELLERY CIO** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 5[TH] APRIL 2024** The trustees present their report with the financial statements of the charity for the period ended 5[th] April 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1[st] January 2019). ## **OBJECTIVES AND ACTIVITIES** The objectives of the CIO are the advancement for the benefit of the public the conservation, protection and improvement of the physical and natural environment and for the benefit of the public to the advancement of animal welfare, with a particular emphasis on the conservation of, suppression of cruelty and promotion of kindness to rhino species anywhere in the world. To meet these aims, the CIO raises funds by making and selling jewellery; in future it aims to raise funds from donations. The charity makes donations to rhino protection bodies in furtherance of its objects. ## **ACHIEVEMENTS AND PERFORMANCE** During the year the CIO was able to make donations to rhino protection bodies from the profits and sale of jewellery. ## **FINANCIAL REVIEW** The Trustees had income of £23,731 and expenditure of £23,201; reserves at 5[th] April 2024 were £2,148. The trustees consider the financial position to be satisfactory. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The CIO is governed by the Constitution; any new trustee must be appointed by a Resolution proposed at a meeting of the Trustees. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** 1189096 ## **Principal address** Great Studgates Balcombe Nr Haywards Heath West Sussex RH17 6RB **2** ## **RHINO TEARS JEWELLERY CIO** # **REPORT OF THE TRUSTEES** **FOR THE YEAR ENDED 5[TH] APRIL 2024 (cont’d)** ## **REFERENCE AND ADMINISTRATIVE DETAILS (cont’d)** ## **Trustees** Sarah Cobden-Ramsay Roger Cobden-Ramsay Approved by order of the Board of Trustees on 22[nd] January 2025 and signed on its behalf by: …………………………………………………… Sarah Cobden-Ramsay - Trustee **3** ## **RHINO TEARS JEWELLERY CIO** ## **RECEIPTS AND PAYMENTS ACCOUNT** ## **FOR THE PERIOD 6[TH] APRIL 2023 TO 5[TH] APRIL 2024** ||**Note**|**Unrestricted**|**Unrestricted**| |---|---|---|---| |||**funds**|**funds**| |||**2024**|**2023**| |||**£**|**£**| |**RECEIPTS**|||| |Donations||-|45| |Sale of jewellery||23,731|25,106| |||________|________| |**TOTAL RECEIPTS**||23,731|25,151| |||________|________| |**PAYMENTS**|||| |Cost of jewellery and associated costs|**3**|18,041|17,371| |Donations||5,160|10,844| |||________|________| |**TOTAL PAYMENTS**||23,201|28,215| |||________|________| |**NET RECEIPTS/(EXPENDITURE)**||530|(3,064)| |||=======|=======| **4** ## **RHINO TEARS JEWELLERY CIO** ## **BALANCE SHEET** ## **AS AT 5[TH] APRIL 2024** ||**Note**|**Unrestricted**|**Unrestricted**| |---|---|---|---| |||**funds**|**funds**| |||**2024**|**2023**| |||**£**|**£**| |**CURRENT ASSETS**|||| |Cash at bank and in hand||3,942|3,412| |||_______|_______| |||3,942|3,412| |**CREDITORS:**amounts falling due within one|**4**|(1,794)|(1,794)| |year|||| |||_______|_______| |**NET ASSETS**||2,148|1,618| |||=======|=======| |**FUNDS**|||| |Unrestricted fund||2,148|1,618| |Restricted funds||-|-| |||_______|_______| |||2,148|1,618| |**TOTAL FUNDS**|||| |||=======|=======| The financial statements were approved by the trustees on 22[nd] January 2025 and signed on their behalf by: S Cobden-Ramsay - Trustee The notes on pages 6 form part of these financial statements **5** ## **RHINO TEARS JEWELLERY CIO** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE PERIOD 6[TH] APRIL 2023 TO 5[TH] APRIL 2024** ## **1. Accounting policies** ## **1.1 Basis of preparation of financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) , Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1[st] January 2019)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income and expenditure is recorded on a receipts and payments basis. ## **1.2 Taxation** The charity is exempt from tax on its charitable activities. ## **1.3 Fund accounting** General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. ## **2. Trustees’ Remuneration and benefits** There were no trustees’ remuneration or other benefits for the period ended 5[th] April 2024. ## **3. Payments Analysis** ## **4.** |**Payments Analysis**||| |---|---|---| ||**2024**|**2023**| |Cost of jewellery|15,440|12,723| |Professional fees|600|1,190| |Postage|1,057|1,281| |Charges|845|1,357| |Other administration|99|820| ||_______|_______| ||£18,041|£17,371| ||=======|=======| |**Creditors – Amounts falling due within one year**||| |Other creditors – owed to Trustee|£1,794|£1,794| ||=======|=======| ## **5. Related party transactions** There were no related party transactions for the period to 5[th] April 2024.