The Cat Welfare Group Ltd Report and Financial Statements Year ended 31 December 2023 Charity number: 1189649 / Company number 12262212
THE CAT WELFARE GROUP LTD
REFERENCE AND ADMINISTRATIVE DETAILS
| Charity number: | 1189649 |
|---|---|
| Company registration number: | 12262212 (England and Wales) |
| Registered office: | 23 Leafy Lane |
| Fareham | |
| Hampshire | |
| PO15 7HL | |
| Operational address: | 23 Leafy Lane |
| Fareham | |
| Hampshire | |
| PO15 7HL | |
| Trustees: | Miss Vicki Harrington (Chair) |
| Mr Robert Baynes | |
| Mrs Kirsten Dillion | |
| Mr Peter Wort | |
| Mrs Jacqui Crabb (appointed 5 Sept 2023) | |
| Company secretary: | Mr Robert Baynes |
| Chief executive: | Mrs Lorri Seymour-Baynes |
| Independent examiner: | Knight Goodhead Limited |
| 7 Bournemouth Road | |
| Eastleigh | |
| Hampshire | |
| SO53 3DA | |
| Bankers: | Barclays Bank UK Ltd |
| Leicester | |
| LE87 2BB |
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THE CAT WELFARE GROUP LTD
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The trustees are pleased to present their report and the financial statements of the charity for the year ended 31 December 2023. The reference and administrative details set out on page 1 forms part of this report.
The Cat Welfare Group is a charitable company limited by guarantee and the trustees confirm that their report and the financial statements comply with current statutory requirements, the C memorandum and articles of association and the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK and Republic of required by company law.
Objectives and Activities
Charity objects
The objects of the charity, as set out in its Articles of Association, are to relieve the suffering and distress of cats, kittens and feral cats which are in need of care and attention by reason of Abandonment, neglect, sickness, maltreatment or poor circumstances in Southern England by providing a rescue, fostering and rehoming service and veterinary treatment.
Our Mission, Vision & Values
Our vision, mission and values serve to provide direction and clarity to the work that we do.
Vision
Our vision is that every cat will enjoy life in a home where it is treated with respect and an understanding of its needs.
Mission
Our mission is to rescue stray or abandoned cats and kittens and to rehome them into secure and loving homes once they have undergone medical checks and treatment, and are old enough. In the case of feral cats, where they cannot be domesticated, we will neuter them, address any health concerns and return them to their natural home.
Values
Our core values are:
Cat welfare is at the heart of everything that we do.
- We treat all cats with respect and will never put a healthy or re-homeable cat to sleep. We are indebted to our supporters and greatly value all donations given to us. We value and respect our volunteers, volunteer staff, adopters and suppliers. We pursue continuous improvement and excellence in what we do. We are open and honest.
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THE CAT WELFARE GROUP LTD
Activities
The Cat Welfare Group was founded in October 2019 and is a charitable company run in the most part by volunteers.
Rehoming activities
We rescue stray or abandoned cats and kittens and look to rehome these into secure and loving homes. A significant number of the cats and kittens are rescued from appalling circumstances or come to us with horrific injuries, requiring extensive veterinary treatment and expert care. Whilst in our care, the cats and kittens are looked after by one of our fosterers, either in a designated spare room in their home or in a purpose built cat pen. Many kittens have been born in our care and we have an experienced team that are also able to handrear abandoned kittens around the clock.
All cats and kittens that are rehomed by the charity will receive a health check by a veterinary professional, worming treatment, vaccinations and will be microchipped and neutered. They will come with four weeks free useful information about bringing your new cat home and general advice about caring for your cat. The charity has an adoptions group on Facebook and provides ongoing support and advice to adopters and cat owners in general.
Feral cat work
It is estimated that there are in members of a domesticated species that have reverted to living as wild animals. Whilst they are often mistaken for stray cats, ferals have little or no contact with humans and cannot be tamed.
Despite their wild nature, feral cats still need a level of care. With many ferals living in colonies, the cat neuter and where they cannot be domesticated, we will neuter them, address any health concerns and either return them to their original home, if possible, or alternatively find a suitable new home.
Lost & found cats
Not knowing what has happened to their missing cat is often a source of great concern and sadness to cat owners. As well as rehoming unowned cats, we also return lost cats to their existing homes. This can sometimes involve super-sleuth work if the cats are not microchipped or if the microchip details are not up to date! In some cases, the cats will sadly have been victims of road traffic accidents, but our work can still provide their owners with some form of closure and peace of mind.
We have provided many owners with advice on getting their lost or missing fury friend back home and have put together a short guide on our website. We even have a list of friendly tree surgeons for when cats need rescuing from rooftops or tall trees!
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THE CAT WELFARE GROUP LTD
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Public Benefit
when
Cats play a huge part in the lives of millions of people in the UK. By supporting cats, we are providing a benefit to owners and other people who come into contact with cats. We provide public benefit by:
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Assisting the local community, veterinary practices and local authorities by taking in and rehoming stray or abandoned cats and by controlling feral populations.
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Assisting the local community by reuniting lost, found or injured cats with their owners. Reassuring owners that their cats can be taken into our care and rehomed if they become incapable of looking after them either through illness, death or other reasons. Assisting local authorities by taking in cats from multi-cat households. Providing guidance and advice to cat owners to increase awareness of cat welfare. Providing volunteering opportunities for those who wish to support our work.
Volunteers
The Cat Welfare Group is run mainly by volunteers who receive no payment for their work, apart from the reimbursement of expenses. As at the end of 2023, the charity had in excess of 50 volunteers, including 25 fosterers that care for the cats and kittens whilst they are in our care.
Achievements and Performance
for 2023 and we totally exceeded all of our expectations in terms of the numbers of cats that we rescued and rehomed, and also the amount of funds that we raised in order to carry out this work.
Rehoming activities
In total we rescued 463 cats and kittens, rehomed 246 cats and kittens into secure and loving homes, rehomed 170 cats and kittens via other rescues and had 23 cats in our care as at the year-end.
Amongst the cats and kittens that we rescued were some with horrific injuries, neglected and emaciated cats, older cats with underlying or untreated health conditions and abandoned kittens, all requiring expensive veterinary treatment and expert care. Cat welfare is at the heart of everything that we do and we pride ourselves in that we do the absolute best for every cat that comes into our care and that we did not turn away any cat on account of cost. The numbers above do not include those cats and kittens that we rescued that, despite our very best efforts, were simply too sick, too small or too fragile to survive.
Feral cat work
We undertook working with several feral colonies (trapping and neutering, blood testing, ear tipping and microchipping) and returned them to their natural home. We continue to support these colonies by supplying food and any necessary veterinary treatment. Through the investment of time and patience, we were also successful in domesticating and socialising a number of very feisty feral / stray kittens that we were then able to rehome.
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Lost & found cats
Every day we are called out by members of the public to stray cats for us to check for microchips, reuniting cats and owners daily. We also provide advice to owners on getting their lost or missing fury friend back home on a daily basis.
Volunteers
The charity was established and is run mainly by a hugely dedicated and passionate team of volunteers. As at the end of 2023, the charity had in excess of 50 volunteers, including 25 fosterers. Volunteers provided an estimated 30,000 hours of their time and support during the period with an estimated value of £330,000. In accordance with the Charities SORP (FRS 102), this volunteer time is not recognised in the financial statements.
Partnership working
We consider that working collaboratively and in partnership with other organisations is essential to the success of our work as a charity and have outlined below some of the key partnerships that we developed during the period.
largest category of expenditure. We are supported by some outstanding veterinary practices and have successfully secured discounts on veterinary fees with all the practices that we use on a regular basis.
We work together with Petplan who, since June 2020, have been providing four weeks free insurance to adopters who rehome a cat from us. When an adopter continues onto a full Petplan insurance policy for their cat, Petplan gives 10% of the premium back to The Cat Welfare Group and a further 10% each year the policy is renewed. We expect this source of income to grow over the coming years.
We have developed good working relationships with a number of other smaller cat rescue centres that share our values and ethos. This has enabled us to share knowledge and resources, and has allowed us to call upon another rescue centre when our own feral spaces were full, and vice versa.
In 2023 Battersea Dogs & Cats Home approached us to discuss partnering with them, this came completely out of the blue and we are thrilled to be one of a few small rescues partnering with such a prestigious organisation. We have worked closely with Battersea and formed a great working relationship with their management team.
Financial Review
The charity generated income of £196,084 (2022: £233,194) during the year. This enabled the charity to continue its activities in line with its objectives. Expenditure increased to £226,163 (2022: £210,522).
The charity made a deficit of £30,079 (2021: surplus of £22,672) in the year. Fund balances were £92,395 (2022: £122,474), which includes restricted funds of £8,656 (2022; £25,000)
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Reserves policy
The trustees recognise the need to hold a prudent level of reserves to ensure that there is no significant any unforeseen reduction in income or unbudgeted additional expenditure. Having considered the financial and other risks facing the charity, the trustees have determined that The Cat Welfare Group should aim to establish and maintain free reserves (unrestricted funds excluding designated funds) at a minimum le 3 expenditure this equates to approximately £56,500. At 31 December 2023 free reserves stood at £40,425 which is below the reserves policy. The trustees continue to keep this under close review.
Risk management
The trustees have responsibility for the oversight of risk management and consider the risks affecting the charity and its activities as part of their meetings. The Cat Welfare Group has a formal risk management process to identify and record risks within a risk register. Risks are recorded in the risk register together with mitigation measures and given an overall score based on impact and likelihood. The risk register is maintained by the senior management team and is reviewed at least on a 6 monthly basis by the trustees.
The key risks and uncertainties facing the charity are outlined below:
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Insufficient income / cash / reserves leading to the charity having to turn away stray or abandoned cats and being unable to pay its bills.
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Damaging media or social media allegations leading to reputational damage and loss of income.
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Insufficient volunteers leading to the inability to provide enough foster homes for all stray or abandoned cats and to run the charity effectively.
Strategy and Plans for the Future
During 2023 we once again totally exceeded all of our expectations in terms of the number of cats that we rescued and rehomed, and also the amount of funds that we raised in order to carry out this work.
Our focus for 2024 is on consolidation and the establishment of solid foundations to support the future of the charity. Our core values encompass cat welfare, continuous improvement and excellence, and we want to be Accordingly, we want to focus as much on the quality of our rehoming activities and the experience for the adopter, as on the number of cats that we rehome.
We have outlined our plans for 2024 on the next page.
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THE CAT WELFARE GROUP LTD
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2024 ANNUAL PLAN
Our Vision
Every cat will enjoy life in a home where it is treated with respect and an understanding of its needs
Focus for 2024
Consolidation and the establishment of solid foundations to support the future of the charity
Strategic Objectives
Activities Income/Finances infrastructure
Key Actions
- Continue to rehome the cats - Focus on increasing regular - Build on implementing robust
and kittens that come into our giving, providing the charity with policies, procedures, induction,
care, focusing as much on the a more secure source of monthly training and investment in our
quality of our rehoming income volunteers
activities as on the number of
cats that we rehome - Increase public awareness of the
charity to broaden and increase
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Continue to undertake trap, our range of supporters
neuter and return activities to
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help manage the welfare of the
feral cat population line with the reserves policy
- Maintain our team of fosterers - Exploring lottery funding,
and train more fosterers in the additional grants and other
hand-rearing of kittens income sources
- Continue to work with and
cultivate existing partnerships
and develop new partnerships
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Structure, Governance and Management
Governing document
The Cat Welfare Group is a charitable company limited by guarantee, incorporated on 15 October 2019 and registered as a charity with the Charity Commission on 26 May 2020. The company was established under a Memorandum of Association and is governed by the terms of its Articles of Association. New Articles of Association were adopted on 25 March 2020 and amended on 12 August 2020. In the event of the company being wound up, the Articles of Association restrict the liability of each member to £10.
Governance
The Cat Welfare Group is governed by the board of trustees. The trustees are also the members and directors of the company. No trustees are paid for their time and the board consists of a least three members with no maximum number.
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Our trustees are drawn from the community and offer a range of skills and experience essential to the good governance of the charity. Trustees are appointed by the passing of an ordinary resolution at a general meeting. On appointment, trustees are given an overview as to the current status of the charity by the senior
policies.
The trustees have ultimate responsibility for governing the charity and directing how it is managed and run, including responsibility for the strategic direction of the charity and its financial management. The board of trustees delegates responsibility for the day-to-day operations of the charity to the senior management team. The trustees meet at least four times per year to discuss and consider strategic, financial and other matters. The Chief Executive Officer and Finance Director will also attend these meetings, but have no voting rights.
The trustees who served during the period and on the date that this report was approved are:
Vicki Harrington Robert Baynes Peter Wort Jacqui Crabb Kirsten Dillon
Statement of Responsibilities of the Trustees
The trustees (who are also the directors of the charity for the purposes of company law) are responsible for applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial period, which give a true and fair view of the state of affairs of the charitable company and of the income and expenditure of the charitable company for that period. In preparing those financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities Statement of Recommended Practice (SORP); make judgments and accounting estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
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THE CAT WELFARE GROUP LTD
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company provisions
Companies Act 2006 relating to small companies.
Approved by the trustees on and signed on their behalf by
Vicki Harrington Chair of the trustees
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INDEPENDENT EXAMINERS REPORTTO THE TRUSTEES ON THE UNAUDITED ACCOUNTS OF THE CAT WELFARE GROUP LTD I report to the charity trustees on my examination of the accounts of the company for the vear ended 31 December 2023. which are set out on pages 11 to 23. Res onsibllitles and basls of re ort As the charily'5 tru5tee5 land also its director5 for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companie5 Act 2(NJ6 Ithe"21X)6 Act"). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2(K16 Act and are eligible for independent examination, I report in respect of my examination of your charrty's accounts as carried out under section 145 of the Charities Act 2011 (the '2011 Act'l. In carrying out my examination I have followed the Dlrections 8iven by the Charity Commission under section 1451511bl of the 2011 Act. Inde endent examlner's re ort I have completed my examination. I confimi that no matters have come to my attention in connection with the examination 8ivin8 me cause to believe: 111 accountin8 records were not kept in respect of the company 35 required by section 386 of the 2006 Act.. or 121 the accounts do not accord with those accounting records.. or 131 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other thèn any requirement that the accounts give a 'tiue and fail. view which is not a matter considered as part of an independent examination.. or 141 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended practice for accounting and reporting by charities applicable to charities prepaiin8 their accounts in accordance with the Financlal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters in connection with the examination to which atteniion should be drawn in this report in order to enable a proper understanding of the accounts to be reached. J E Harris FCCA Knight Goodhead Limited Chartered Accountants 7 Bournemouth Road Chandler's Ford, Ea5tleigh Hampshire $053 3DA Date.. 28 June 2024 io
THE CAT WELFARE GROUP LTD (Company limited by guarantee and not having a share capital) STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 DECEMBER 2023 (including Income and expenditure account) 1023 Totsl Funds 2022 Total Funds Unrettrirted Funds Restricted Funds Notes INCOME Voluntary income 136.738 18.( 154.738 189,093 Charitable activities 33.4 33.400 28,700 Other trading activities 7.946 7.946 15.401 TOTAL INCOME 178.084 196.084 233.194 EXPENDITURE Fundralsln8 Costs 19.748 19.748 12.771 Charltable actlvtties 172.071 34.344 206.415 197,751 TOTAL EXPENDITURE 191019 34344 226,163 210,S22 NET IEXPENDITUREI I INCOME FOR YEAR 113,7351 116,3441 130,0791 22,672 Transfers between funds 11,12 NET MOVEMENT IN FUNDS FOR YEAR 113.7351 116.3441 130.0791 22,67Z FVN05 AT I JANUARY 2023 97.474 25,C 122.474 99,80 FUNOS AT 31 DECEMBER 2023 83.739 s56 92.395 122.474 All of the above resuks are derived from continuin8 operations. The We Th) other Co&nISed gains or losses other than those stated above. Movements in funds are disc105ed ITr notes 12 and 13 to the financlal ststements. 11
THE CAT WELFARE GROUP LTD (Company limited by guarantee and not having a share capital) PRIOR YEAR STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 310ECEMBER 2022 (including Income and expenditure account) 2022 Total Funds Restrfcted Fund5 Fund5 INCOME Voluntsry incorne 149,923 39,170 189,093 Charitable att1¥ie5 28,7C(I 28,700 Other Trading Activity 15,401 15,401 TOTAL INCOME 194,024 J9,170 233,194 EXPENDITURE Fundraisin8 Costs 12.771 12,771 Charltable actlvkies 179.142 18.609 197,751 TOTAL EXPENDITURE 191.913 ZIO.522 NET INCOME FOR YEAR z.iii 20,561 22,672 Transfèrs bttwten funds NET MOVÉMENT IN FUNDS FOR THE YEAR 2.111 20,561 22,672 FUNOS AT I JANUARY 2022 95,363 4,439 99,802 FUNDS AT 31 DECEMBER 2022 97A74 25WJ 122,474 12
THE CAT WELFARE GROUP LTD (Company limited by guarantee and not having a share capital) COMPANY NUMBER: 12262212 BALANCE SHEET AS AT 31 DECEMBER 2023 20Z3 2022 Notes FIXED ASSETS TanEible fixed assets 17,435 26,422 CURRENT ASSETS Stock Debtors Cash at bank and In hand 20,703 14.253 58,603 20,100 7.830 84,719 93.559 112,649 CREDITORS.. amounts fallin8 due within one year io 114,1511 19,4761 NET CURRENT ASSETS 79.408 103,173 TOTAL ASSETS LESS CURRENT LIABILITIES 96.843 129.595 CREDITORS.. amounts due after more than one year li 14,t1481 17,1211 NET ASSETS 92,39S 122,474 FUNDS Restricted funds Unrestritted funds General fund5 Deslgnated funds 12 8.656 25,000 13 13 40.425 43.314 47,846 49,628 TOTAL FUNDS 92.395 122,474 For the financial perlod ended 31 December 2023. the company was entitled to exernption from audit under section 477 CompaDie5 Act 2006,. and no notice been dep051ted under Section 476. The directors acknowled8e their sponsibilities for ensuring that the company keeps accouniinK records. which comply with settion 386, ènd preparing accounts, which give a true and fair view of the stste of affairs of the company as at the end of the period and of it5 income and expenditure for the financial period. in accordance with the requirements of section 394 and 395, and whlch otherwise comply wtth the requirements of the Companies Aci 2(M)6 relating to accounts, so far ès applicable to the cornpany. The accounts are prepared in accordance with the special piovi5ion5 of Part IS of Cornpanie5 Act 2CQ6 relating to small companies. Approved by the board of trustees on nd signed on its behalf by 1510712024 Mi5sV Harrington Vicki i JLII 15 Trustee o O. GNIT+ll 13
THE CAT WELFARE GROUP LTD (Company limited by guarantee and not having a share capital) CASHFLOW STATEMENT FOR THE YEAR ENDED 310ECEMBER 2023 2023 2022 NET CASH FLOW PROVIDED BY OPERATING ACtIVlMES 123.1011 52,658 CASH FLOWS FROM FINANCING ACnWTIES Purchase of fixed assets Bank loan rep3yments Hlre purchase paYMentS 13421 118,8321 17,0001 19681 12,6731 NET CASH FLOW 126,1161 25,858 Change In cash and cash equSvalents in the year 126.1161 25.858 Cash and cash equNalent at start of the year Cash and cash equfvalents ai the end ol theyear 84,719 58,603 58,861 84,719 NOTES TO THE CASHFLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 RECONCILIATION OF NET INCOME TO NET CSN FLOW FROM OPERAnNG ACTIVITIES 2023 Z022 Net Income lor the year Depreciation Ilncreaselldecrease in stock Ilncreaselldecrease in debtors Increase/ldecrea5el in creditors 130,0791 9,329 16031 16,4231 4,675 22,672 6,791 112,2921 41,284 15,7971 Net cash flow from operatlll8 actwities 123,1011 52,658 ANALYSIS OF cSH AND (SH EQUIVALE[$ 2023 2022 Cash at bank and in hand 58,603 84,719 14
THE CAT WELFARE GROUP LTD (Company limited by guarantee and not having a share capital) NOTES TO THE CASHFLOW STATEMENT FOR THE YEAR ENDED 310ECEMBER 2023 Ati Non cash Atal Dec 2023 ANALYSIS OF CHANGES IN NET DEBT Jan 2023 Coshflows m¢)vements Cash at bank and in hand 84.719 126.1161 58.603 Debt due within one year Debt due after tsne year 12,6731 17.1211 12,6731 14,4481 2,673 74.925 123.4431 51,482 15
THE CAT WELFARE GROUP LTD (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 I ACCOUNTING POLICIES al Accountin8 convention The financial statements have been prepared in accordance with Accounting arsd Reporting by Charities.. Statement of Recommended artice applicable to charities preparin8 their accounts in accordan£e with the Financi31 Reporting Standard applicable in the UK and RepublK of Ireland IFRS 1021 (effective l January 20191 (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companie5 Act 21x6. The charity meets the Ilefinition of the public bertefit entity under FRS 102. Assets and liabilities are initially recogni5ed at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. The accounts have been prepared on the 80in8 concern basis. Thtte are no material uncertainties about the charitV'5 ability to continue. bl Incornè Income Is reco8n5sed when the chariiv has entitlement to the funds, any performance conditions attached to the itern ol incorne have been met. it is probable that the income will be received and the amount can be measured Donaiions are reco8nised when receivable. Income tax recoverable in relation to donations recelved under Glft Ald is recognised at the time ol the donation. Grants are reco8nised in full in the siatement of financial attivities in ihe year in which they are re£eivable. Adoption fee5 art r¢co8ni5Èd at thè pjint ol athjptitin. Intornt from the salt of merchandise is rttognised at the point of sale. For legacies, entitlement is taken as the earlier of the date on which either.. the charity is aware that probate has been granted, the estate has been linalised and notification has been made by the executorlsl to the charity that a distribution will be made. or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only £onsidered probable when the amount can be measured liablY and the charity has been notified of the executoes intention to make a distribution. Gifts in kind and orher donated asseis for use by the charity are recognised at the point of donarion and are included at the value ol the gift received. beifig a reasonable estirnate of the gr055 value to the charity. Gifts donated for resale are recognised at the poinr of sale at the actual value realised for rhe sale of the goods. 16
THE CAT WELFARE GROUP LTD (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 I ACCOUNMNG POLICIES Icontbnuedl Donated professional services are recognised as income when the charity has control over the item. any conditions associated with the donated item have been met. the receipt of economic benefit from the se by the charity of the item 15 probable and the economic benefit can be measured reliably. In accordance with the Charitie5 SORP IFRS 1021. general volunteer time is not recognised. On receipt, donated professional services are recognised on ihe basis of the value of the Rift to the charity which is the arrount the charity would have been willing to pay to obtain seNices or facilitie5 01 equivalent onoMiC benefit on the open market.. a correspondin8 amount is then recognised in expenditure in the period of receipt. cl Expendlture Expenditure 15 recognised ITh the period in which it is incurred. Expenditure include attributable VAT which cannot be re£overed. Fundraising cost5 relate to the cost5 incurred by the charitable company irb raising funds for the charitable work. Expendlture Is allocated to the particular activity where the cost relates directly to that activity. Support costs are those associated with the gèneral management of the charity, other than governance costs, that are not directlv ttribuiable to charitable aciiviiies or fundraisin8. Governance costs are the costs associated with the governance èrrèngernents ol the Charity, in£ludin8 the tosts of tomplyinB Wlth constitutional and statutory requirernents. Support and governance costs have been allocated between the cosi of raising funds and expenditure on charitable activities on the basis of volunteer time, where applicable, and othen¥ise on a 50.50 split. dl Tan8lble Ilxed assets Items of equipment are capitalised where the purchase price exceeds £3(. Depreciation costs are allocated to ctivities on the basis of the vse of the related assets in those attiwties. Assets are reviewed lor impairment If circumstances indicate their carryin8 value May exceed their net realisable value and value in use. Depreciation is provided at rates calculated to write down the cost ol each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows.. Cat rescue eouipment Office & fundraisin8 equipment Motor vehicles 4 years strai8M line 4 years Straight line 4 years straiKhi line el Stock Stock con515ts of purchased and donated Boods forthe charl5 own use and rnerchandise stock. Stock 15 included at the lower of cosr and net realisable value. Donated items of stock are recognised at fair v31ue which 15 the arnount that the charity would have been willing to paylorthe item5 on the open market. 17
THE CAT WELFARE GROUP LTD (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 I ACCOUNTrNG POLICIES Icontinuedl fl Provisions Provisions are set up only where it is probable that a present obligation exists as a result of an eveni prior to the balance sheet date and that a payment will be required in Settlement that can be estimated. 81 Funds Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund tO8ether with a fair allocation ol maTha8ernent Costs and overheads. Unrestrlcied funds are donailons and other incomin8 resources receivable Iy 8eneraied for the obletts of the haritv. h) Pension comrnitment5 The charity operates a defined contributions pension Scheme in accordance with the National Ernpl¢)yment Savings Trust INESTI. Contributions are char8ed in the actounts as ihey become payable in accordance with the rules of the scheme. il Operating lease commitment5 Rentals payable under operating leases are charged to the statement of financial activities on a strai8ht line basis over the term ol the lease. 11 Financial instruments The £harity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transactK)n value and subsequently measured at their settlement value, with the exception of bank loans which are svbseouently recognised at amortised cost usin8 the effective interest method. 2 LEGAL STATUS The charity is a company limited by gvaraniee and has no share capital. The charitable company was incorporated on 15 October 2019 in En8land and Wales anil was re8lStered on 26 May 2020 with the Charity Cornrnis5ion i England and Wales. The charity is a public benefit entity. The registered office of the charitable company 15 23 Leafy Lane. Whiteley, Fareham. Hampshire POIS 7HL. 18
THE CAT WELFARE GROUP LTD (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 3 INCOME Un$¢tted funds Restrkted funds 2023 Total funds 2022 Total funds DONATIONS AND LEGACIES Gener31 donations Gifts in kind and donated services 132.477 4.261 18.1XX) 150,477 4,261 172.975 16,118 Tott71 donotions ond legocies 136,738 18.Cl)J 154,738 189.093 CHARITABLE ACTIVITIES Adoptions fees 33.4C(I 33.4CK) 28.700 Total choritoble ortivities 33,4C 33,4 28,700 OTHER TRADING ACTIVIITIES Fundraisin8 events Sale ol merchandise Petplan commission 2.424 2.548 2.974 2.424 2.548 2.974 11,950 1,516 1,935 rotul orher trading octivitles 7,946 7,946 15,401 TOTAL INCOME 178.084 18.(XXJ 196,084 233,194 Gifts in kind relate to items donated off the tharitl5 Amazon Wish St, plus donatlOn5 of cat litter, food and toys. In accordance with the Charities SORP IFRS 1021. general volunteer time is [t recognised. Volunteer5 gave an estimated 30,00012022.. 29,5OJI hovrs of theif time durin8 the period with an estimated value of £313,LXX)12022.. £305,000). 19
THE CAT WELFARE GROUP LTD Icompany limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 4 EXPENDITURE 2023 Totsl fvtsds 2022 Totsl futxls FUNORAISING COSTS Fundraising ekpenses Cost of merchandise Depreciation Allocotion of supponc05ts Totolfvndiolslng costs 10.691 710 629 7.718 19,748 .691 710 629 7.718 19,748 4.452 1.587 629 6.103 12,771 CHARITABLE AcfiviTIES Vet fee5 and Medication Cat food Cat activity toys & bedding Pet consumables Cat trèppin8, transport & Olhet equipmeni 72.035 19,013 4,125 12,044 S,193 4,146 2,016 106.379 19.olj 4,125 12,044 5,193 4,146 1016 108,937 20,285 4,213 8,6 7,179 2,428 1,661 750 1,211 4,393 Waste collection & cleanin8 materials 675 1.206 675 L206 13 5.089 1,855 1,164 Travellingexpenses Oonations made Company Van expenses Telephone & posia8e- Charirèble Sundry c0s15- OP5 W48es and salarles Depreciation Allacorion oJ5UPPOrt costs Totolchorltubleortlvltls 6.729 1.855 1,164 18,942 726 7,459 197,751 9,434 172,071 9,434 206,415 SUPPORT & GOVERNANCE 497 1,$02 497 I,S02 Computer & software costs Le8al & Con5ultin8 Volunteer appreciation tosts In5ur3ntÈ Attountanty 8ank tharies Entertainment IIW% Business) DÈpreciation Allocotion of supportcosts TtTrtols¥pport& ¢cvem•ft¢t 1,382 578 896 914 2,245 2,859 1,128 15 7.992 117.1521 914 2,245 2,859 1,128 15 7,992 2,470 393 545 5,436 113.5621 TOTAL EXpENDuftE 191.819 226,163 210,522 The Independent examlnation lee Included in accountancyamounieo EI.525120ZZ.' EI.4501. Amount of El.334 12022.. £1.0201 were also pay3ble io the indepennI examiner fov othw work.
THE CAT WELFARE GROUP LTD (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 EMPLOYED STAFF COSTS AND NUMBERS Employed staff costs were 35 follows.. 2023 2022 Salaries and wa8es Pension costs 30,231 269 18,848 94 30,5CM) 18,942 No employee earned more than £60,¢XKI during this or the prior year. The average number of employees d¢Jrin8 the year was as follows: 2023 2022 No. No. Employees The key management personnel ol the charity were paid a thtal of £16,431 (two employeesl12022.. £9.0311. The charSty'5 insurance policy includes directors, liability insurance. 6 TAXATION The charitable company is exempt from corporation tax as all its income is charitable and is applied lor haritable purpose5. 21
THE CAT WELFARE GROUP LTD (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 7 TANG18LE FIXED AssErs oirice and ndraising equipment Motor Vehicles Cat rescue equiprnent Total COST At l January 2023 Addition5 in year 27.237 2.950 7.251 342 37,438 342 At 31 December 2023 27,237 2.950 7,593 37,780 DEPRECIATION At l January 2023 Charge for the year 6.379 1.320 3.317 1.812 11,016 9.329 At 31 December 2023 13.188 2.028 5,129 20,345 NET BOOK VALUE At 31 DetÈmbÈr 2023 14,049 922 2.464 17,435 At l January 2023 20,858 1,630 3,934 26,422 STOCK 2023 2022 Purchased and donated goods lor the charivs own use Merchandise stock 20,4(XJ 303 20,100 20,703 20,100 9 DEBTORS 2023 2022 Other debtors Prepayments Accrued income 2,916 1,329 iO,(X)8 1,344 1,152 5,334 14,253 7.830
THE CAT WELFARE GROUP LTD (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 10 CREDThORS'. amounts falling due within one year 2023 2022 Trade creditors Other creditors PAYE/NI Accrua15 and deferred income 6,496 2,707 1,195 2,745 596 4.948 4,940 14,151 9.476 11 CREOITORS.. amounts falling due after more than one year 2023 2022 Hire purchase 7,121 4,448 7,121
THE CAT WELFARE GROUP LTD (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 12 MOVEMENT IN FUNDS- RESTRICTED FUNDS Atljan 2023 At 31 Dec 2023 Income Expendlture Transfers RESTRICTEO FUNDS: Neutering pro8ramme fund Vet fees fund 25,fXKI 14,m) 130,3441 14.¢JX)I 8,656 Tgtal restricted funds 25.C 18.( 134,3441 8,656 Neuterlng prograrnme fund This fund relares ro monies received from donors towards the charity's neuterin8 pro8rarnmes. Vet fees fund This fund relates to monles received from donors towards vei fees. 13 MOVEMENT IN FUNDS- UNRESTRICTED FUNDS Atlja 2023 At 31 Dec 2023 Income Expendhure Transfers Capital asset fund Development fund 16.628 33. 110.0501 13.3411 3.736 3.341 10.314 33.000 Total desl8nated funds 49,628 113,3911 7,077 43,314 General funds 47,846 178.084 1178,4281 17,0771 40,425 Total unrestricted funds 97.474 178.084 1191,8191 83,739 Capitsl asset fund This fund represents the net book value of fixed assets held by the charity less associated financial liabilities at the Balance Sheet date. Development fund The purpose of the development fund is to cover initial expenditure for future planned projects. 24
THE CAT WELFARE GROUP LTD (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 14 ANALYSIS OF NEf ASSEfs BEtWEEN FUNDS 2023 Restrlrted fvnds Desl£nated funds General funds Total funds Tangible fixed assets Net current assets Long term liabilities 17,435 30,327 14.4481 17,435 79,408 14,4481 8,656 40,425 NET ASSETS 8.656 43.314 40,425 92,395 2022 Rèstritttd funds Oèsl8natÈd funds Gèneral funds Total funds Tangiblè fixed assets Nèt current assets Lon8 term liabilities 26.422 30.327 17.1211 26,422 103,173 17,1211 25.ctsj 47,846 NET ASSETS 25,L) 49,628 47,846 122,474 15 RELATED PARTIES Three trustees were reimbursed expenses totallin8 £33612022.. Énill. The CEO (who is married to a Iru5teel wa5 employed by the charity. received a total of £11,63112022.. £7,831) a5 remuneratlgn and pension contributlgns. She was also reimbursed expenses of £3.074 12022.. £5.3491 incurred on behalf ol the tharity. Ouring the prior year. the wile of another trustèe was reimbursed expenses of £77 inturred on behalf of the charity. 16 OPERATING LEASES The charity had operatin8 lease5 at the year end with the following future lease payments.. 2023 2022 Amounts falling due.. Within one year 480
The Cat Welfare Group 2023 accounts Final Audit Report 2024-07-15 Created.. 2024-074)2 By.. Knigm GLKKlhewJ lesgn knvJhtgLvJhewJ.w.ukl Status.. &gned Transaction 10.. c8JcHBCBAApL4WUN1h8&JKeKhQIYmNHEd6lp "The Cat Welfare Group 2023 accounts" History Document created by Knight Goodhead {esign@knighlgoodhead.co.uk) 2024-07-02- 15..30..49 GMT . Document emailed lo Vicki Harrison {vlckih@thecaerlaregoUp.Org) for signature 2024.07.02- 15..30".59 GMT Fo Email sent to Vi¢ki Harrison Ivi¢kih@the¢alwelfaregoup.orgl boun¢ed and could not be delivered 2024-07-02- 15.'31'.04 GK Knight G¢Jodhe8d lesign@knighlgoodhead.co.ukl replaced signer Vicki Harrison (vickih@theCa4e1faregoUp.org> with Vicki 1vickih@lhecatsvelfaregroup.orgl 2024-07-03- 09..42..35 GMT . Document emailed lo Vicki lvickih@thecatsvelfaregroup.orgl for signatur& 2024.07.03. 09..42..35 GMT Emall sent to Vicki Harrigon lvlckih@thecaiwelfaregoup.orgl t)unced and could not be dellvered 2024-07-03- 09'.42".40 Gmr Email viewed by Vicki {vickih@IhecatsveWaregroup.org} 2024-07-15- 17..02..41 GMT Document e-signed by Vicki Ivickih@thecaW4eWaregroup.org) snature Date.. 2024-07-15- 17..05..W GMT_ u[Ce. seryer Agreement completed. 2024-07-15- 17."05".00 Gmr KLtyt..I"i-K-IhrAd Acmbat Sn