**Charity registration number 1190049** ## **DUNRUNNIN HOUNDS** **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **DUNRUNNIN HOUNDS** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **Trustees** S A Coote (Chair) K T Roffe G I Elms **Charity number** 1190049 **Principal address** Dunrunnin Rehoming Kennels Sun Hill Fawkham Kent DA3 8NU **Independent examiner** Lee, Dicketts & Co 3 East Point High Street Seal Sevenoaks Kent TN15 OEG ## **DUNRUNNIN HOUNDS** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 2| |Independent examiner's report|3| |Statement of financial activities|4| |Statement of financial position|5| |Notes to the financial statements|6 - 9| ## **DUNRUNNIN HOUNDS** ## **TRUSTEES' REPORT** ## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ The trustees present their annual report and financial statements for the year ended 31 December 2022. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's constitution, the Charities Act 2011 and "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 January 2019). ## **Objectives and activities** The charity's objects for the benefit of the public to relieve the suffering of animals, in particular greyhounds, in need of care and attention and, in particular, to provide and maintain rescue homes or other facilities for the reception, care, treatment and rehoming of such animals. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. The activities adopted in furtherance of these objects are to care for and seek re-homing for retired racing greyhounds, together with ancillary fundraising activities, and there has been no change in these during the year. ## **Achievements and performance** The charity was registered as a Charitable Incorporated Organisation at the Charity Commission on 22 June 2020 and the entity's activities commenced in August 2020. During the period under review 43 dogs were admitted and cared for (compared to 12 dogs in the previous period) and almost all successfully re-homed either within the period or shortly thereafter. ## **Financial review** During 2022 major building works were completed at the kennels, with weatherproof roof coverings being installed in all of the outside paddocks enabling the dogs to have more time outside in all weathers. This necessitated dog numbers being reduced during the building period. We have a further, major maintenance project planned for early 2023, being the resurfacing of the kennel floors sothis may once again be the case but the organisation hopes the work will be completed early in the year and the kennels can once again return to capacity. 2022 has seen a cataclysm within all breed rescues due to ‘covid’ dogs being returned and the cost-of-living crisis. Although the charity saw hardly any of its own hounds returned, we have tried to take in as many of these unfunded dogs as possible to ease the burden, which is shown in the downturn in income received from the GBGB Bond Scheme. Another knock-on effect from the current financial crisis is a downturn in homing. During 2021 the average time a dog stayed before homing was 52 days but in 2022 this increased to 113 days, hence less dogs coming through the kennels. The trustees are reassured that matters are now stabilising and we are hopeful that homing numbers will rise as peoples financial position improves. Thankfully, further substantial legacy income was received during 2022 which has helped to insure against the negative effects of the above on the organisation’s finances. It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. - 1 - ## **DUNRUNNIN HOUNDS** ## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **Structure, governance and management** The charity is registered as a Charitable Incorporated Organisation and governed by written constitution dated June 2020. The trustees who served during the year and up to the date of signature of the financial statements were: S A Coote (Chair) K T Roffe G I Elms The trustees are appointed by the Board of Trustees and serve for a period of between two and four years after which period they may put themselves forward for re-appointment. None of the trustees has any beneficial interest in the organisation. Trustees' meetings are held regularly and at such meetings the trustees agree the Board's strategy and areas of activity for the Charity including consideration of its financial reserves and risk management policies and performance. The Board keeps the skill requirements for the trustee body under review. The trustees' report was approved by the Board of Trustees. K T Roffe ## **Trustee** 7 October 2023 - 2 - ## **DUNRUNNIN HOUNDS** ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DUNRUNNIN HOUNDS** We report to the trustees on my examination of the financial statements of Dunrunnin Hounds (the charity) for the year ended 31 December 2022. ## **Responsibilities and basis of report** As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). We report in respect of our examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out our examination we have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. We understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. We have completed our examination. We confirm that no matters have come to our attention in connection with the examination giving us cause to believe that in any material respect: - 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. ## **Lee, Dicketts & Co** 3 East Point High Street Seal Sevenoaks Kent TN15 OEG Dated: 8 October 2023 - 3 - ## **DUNRUNNIN HOUNDS** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ |||**Unrestricted **|**Unrestricted**| |---|---|---|---| |||**funds**|**funds**| |||**2022**|**2021**| ||**Notes**|**£**|**£**| |**Income from:**|||| |Donations and legacies|**2**|53,085|16,862| |Charitable activities|**3**|4,043|18,450| |**Total income**||57,128|35,312| |**Expenditure on:**|||| |Raising funds|**4**|150|124| |Charitable activities|**5**|24,193|20,330| |**Total expenditure**||24,343|20,454| |**Net income for the year/**|||| |**Net movement in funds**||32,785|14,858| |Fund balances at 1 January 2022||94,282|79,424| |**Fund balances at 31 December 2022**||127,067|94,282| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 4 - ## **DUNRUNNIN HOUNDS** ## **STATEMENT OF FINANCIAL POSITION** ## _**AS AT 31 DECEMBER 2022**_ |**Notes**
**Fixed assets**
Tangible assets
**10**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**11**
Net current assets
**Total assets less current liabilities**
**Income funds**
Unrestricted funds|**2022**
**£**
114,779
(420)|**£**
12,708
114,359
127,067
127,067
127,067|**2021**
**£**
92,508
(420)|**£**
2,194
92,088| |---|---|---|---|---| |||||94,282| |||||94,282| |||||94,282| The financial statements were approved by the Trustees on 7 October 2023 K T Roffe **Trustee** G I Elms **Trustee** - 5 - ## **DUNRUNNIN HOUNDS** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **1 Accounting policies** ## **Charity information** Dunrunnin Hounds is a Charitable Incorporated Organisation, registered at Dunrunnin Rehoming Kennels, Sun Hill, Fawkham, Kent DA3 8NU. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. ## **1.4 Incoming resources** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. ## **1.5 Resourses expended** Expenditure has been allocated according to the Statement of Recommended Practice "Accounting and Reporting by Charities" and is shown under the appropriate sub-heading. Items of expenditure which involve more than one charitable activity, are allocated appropriately between the charitable activities involved on the basis of estimates made by the charity's management. The accruals basis is applied to all expenditure. - 6 - ## **DUNRUNNIN HOUNDS** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **1 Accounting policies** ## **(Continued)** ## **1.6 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Plant and equipment 25% straight line Computers 25% straight ine Motor vehicles 25% straight line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. ## **1.7 Impairment of fixed assets** At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). ## **1.8 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **2 Donations and legacies** ||**Unrestricted **|**Unrestricted**| |---|---|---| ||**funds**|**funds**| ||**2022**|**2021**| ||**£**|**£**| |Donations and gifts|13,868|16,862| |Legacies receivable|39,217|-| ||53,085|16,862| ## **3 Charitable activities** ||**Income from**|
**Income from**| |---|---|---| ||**activities**|**activities**| ||**2022**|**2021**| ||**£**|**£**| |Income within charitable activities - GBGB bonds|3,600|17,750| |Sale of goods to benefit the charity|443|700| ||4,043|18,450| - 7 - ## **DUNRUNNIN HOUNDS** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **4 Raising funds** ||**Unrestricted **|**Unrestricted**| |---|---|---| ||**funds**|**funds**| ||**2022**|**2021**| ||**£**|**£**| |Fundraising and publicity||| |Other fundraising costs|150|124| ||150|124| ## **5 Charitable activities** |Depreciation and impairment
Kenneling costs
Vets and other fees
Collars, leads and muzzles
Kennel maintenance
Animal transportation costs
Share of governance costs (see note 6)
**Support costs**
**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Accountancy
-
420
-
420
Analysed between
Charitable activities
-
420|**Animal care**
**& treatment**
**Animal care**
**& treatment**
**2022**
**2021**
**£**
**£**
4,385
447
10,080
8,923
5,879
6,012
344
1,032
-
2,576
3,085
920
23,773
19,910
420
420
24,193
20,330
**2022**Support costs Governance
costs
2021
**£**
£
£
£
420
-
420
420
420
-
420
420
420
-
420
420|**Animal care**
**& treatment**
**Animal care**
**& treatment**
**2022**
**2021**
**£**
**£**
4,385
447
10,080
8,923
5,879
6,012
344
1,032
-
2,576
3,085
920
23,773
19,910
420
420
24,193
20,330
**2022**Support costs Governance
costs
2021
**£**
£
£
£
420
-
420
420
420
-
420
420
420
-
420
420| |---|---|---| |||19,910
420| |||20,330| |||2021
£
420| |||420| |||420| ## **6 Support costs** - 8 - ## **DUNRUNNIN HOUNDS** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **7 Trustees** None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. ## **9 Taxation** The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. ## **10 Tangible fixed assets** |**Plant and**
**equipment**
**Computers Motor vehicles**
**£**
**£**
**£**
**Cost**
At 1 January 2022
990
800
850
Additions
14,900
-
-
At 31 December 2022
15,890
800
850
**Depreciation and impairment**
At 1 January 2022
159
144
143
Depreciation charged in the year
3,973
200
213
At 31 December 2022
4,132
344
356
**Carrying amount**
At 31 December 2022
11,758
456
494
At 31 December 2021
831
656
707|**Total**
**£**
2,640
14,900| |---|---| ||17,540| ||446
4,386| ||4,832| ||12,708| ||2,194| ## **11 Creditors: amounts falling due within one year** |**Creditors: amounts falling due within one year**||| |---|---|---| ||**2022**|**2021**| ||**£**|**£**| |Accruals and deferred income|420|420| ## **12 Related party transactions** There were no disclosable related party transactions during the year. - 9 -