Charity registration number 1190850
Company registration number CE023577 (England and Wales)
THANET CAT CLUB
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
THANET CAT CLUB
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Mr N A Jordan |
|---|---|
| Ms Kay Field | |
| Mrs Georgina Riggs | |
| Ms Rebecca Weller | |
| Mr P Macdonald | |
| Ms Lynne Bush | |
| Mr C Russell | |
| Charity number | 1190850 |
| Company number | CE023577 |
| Independent examiner | Claire Dean FCCA |
| MMP Limited | |
| Chartered Certified Accountants | |
| 18/20 Canterbury Road | |
| Whitstable | |
| Kent | |
| England | |
| CT5 4EY |
THANET CAT CLUB
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 10 |
THANET CAT CLUB
TRUSTEES' REPORT (INCLUDING DIRECTORS' 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 Companies Act 2006 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 objectives of the Charity as per the Constitution are "For the benefit of the public to relieve the suffering of animals (Cats) in need of care and attention in East Kent by providing and maintaining sanctuary pens or other facilities for the reception, care, treatment and rehoming of such animals, providing grants to the public to assist with veterinary costs."
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance
Thanet Cat Club officially converted to use this new CIO charity registration (1190850) at the end of June 2022 from the existing non-incorporated charity (285035), when all assets were transferred. Therefore these accounts only cover that period (1st July to 31st December). The existing charity registration will be closed once all remaining matters are concluded. The accounts up to the end of June 2022 are included in the separate accounts and return for the non-incorporated charity structure.
Thanet Cat Club had a successful year for rehoming, with 14 cats and kittens successfully rehomed during the second half of the year.
During 2022 we have had to carry out work on our property at 92 Albion Road to correct damp issues and subsequent work to replace the kitchen floor and kitchen itself. It is thanks to income from legacies that have enabled us to carry out this essential work on our house in which our Cattery Manageress lives in, next to our cattery area. Work started on this on 20th June 2022 and completed in November.
We would not be able to continue in our care for the cats, without the kind people who continue to support us financially through donations and shopping in our cat charity shop. We are of course eternally grateful to all volunteers who support us in the running of the cattery and give us their time and care for the cats thus enabling us to continue with running the cattery for cats in need in our area.
Financial review
Thanet Cat Club under the CIO registration number of 1190850 started operating in July 2022 having previously operating as an unincorporated charity, charity number 285035.
At the end of the year the charity had a deficit of expenditure over income. This deficit is due to a reduction in investment income and increased staff costs, cat welfare expenses and veterinary expenses.
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.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Structure, governance and management
The charity is a charitable incorporated organisation (CIO).
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THANET CAT CLUB
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Mr N A Jordan
Ms Kay Field Mrs Georgina Riggs Ms Rebecca Weller Mr P Macdonald Ms Lynne Bush Mr C Russell
None of the trustees has any beneficial interest in the Charity. All of the trustees are members of the Charity and guarantee to contribute £1 in the event of a winding up.
The trustees' report was approved by the Board of Trustees.
Mr N A Jordan Trustee
20 October 2023
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THANET CAT CLUB
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THANET CAT CLUB
I report to the trustees on my examination of the financial statements of Thanet Cat Club (the charity) for the year ended 31 December 2022.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
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4 the financial statements 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 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I 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.
Claire Dean FCCA
MMP Limited Chartered Certified Accountants 18/20 Canterbury Road Whitstable Kent CT5 4EY England
Dated: 20 October 2023
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THANET CAT CLUB
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2022
| Unrestricted funds 2022 Notes £ Income and endowments from: Donations and legacies 2 11,832 Charitable activities 3 22,116 Investments 4 2,766 Other income 5 150 Total income 36,864 Expenditure on: Charitable activities 6 42,290 Net gains/(losses) on investments 10 (2,824) Net outgoing resources before transfers (8,250) Transfer of funds from unincorporated charitable organisation 675,633 Net movement in funds 667,383 Fund balances at 1 January 2022 - Fund balances at 31 December 2022 667,383 |
Total 2021 £ - - - - |
|---|---|
| - | |
| - | |
| - | |
| - - |
|
| - - |
|
| - |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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THANET CAT CLUB
BALANCE SHEET
AS AT 31 DECEMBER 2022
| Notes Fixed assets Tangible assets 11 Current assets Debtors 13 Investments 14 Cash at bank and in hand Creditors: amounts falling due within one year 15 Net current assets Total assets less current liabilities Income funds Unrestricted funds |
2022 £ 865 305,901 155,165 461,931 (6,026) |
£ 211,478 455,905 667,383 667,383 667,383 |
2021 £ - - - - - |
£ - - |
|---|---|---|---|---|
| - | ||||
| - | ||||
| - |
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2022.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 20 October 2023
Mr N A Jordan
Trustee
Company registration number CE023577
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THANET CAT CLUB
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
1 Accounting policies
Charity information
Thanet Cat Club is a charitable incorporated organisation (CIO).
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's constitution, the Companies Act 2006, 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 £.
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 Tangible fixed assets
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:
Freehold land and buildings 1% on cost Fixtures and fittings 15% on reducing balance Computers 25% on 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.
1.4 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2 Donations and legacies
| Unrestricted | Total | |
|---|---|---|
| funds | ||
| 2022 | 2021 | |
| £ | £ | |
| Legacies receivable | 11,777 | - |
| Membership fees | 55 | - |
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THANET CAT CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
3 Charitable activities
| Charitable Income Heading 1 2022 £ Donations - shop sales 15,013 Fundraising and donations 3,751 Charitable rental income 3,150 Other income 202 22,116 |
2021 £ - - - - |
|---|---|
| - |
4 Investments
| Unrestricted funds 2022 £ Income from listed investments 2,433 Interest receivable 333 2,766 Other income Unrestricted funds 2022 £ Other income 150 |
Total 2021 £ - - |
|---|---|
| - | |
| Total 2021 £ - |
5 Other income
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THANET CAT CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
6 Charitable activities
| Staff costs Depreciation and impairment Rent Rates and water Light and heat Repairs and maintenance Insurance Motor vehicle expenses Telephone Sundries Cat welfare expenses Printing, postage and stationery Veterinary expenses Cleaning Advertising Share of support costs (see note 7) Share of governance costs (see note 7) Support costs Support costs Governance costs £ £ Bank charges 14 - Accountancy - 1,260 Bookkeeping - 1,000 14 2,260 Analysed between Charitable activities 14 2,260 |
Charitable Expenditure Heading 1 2022 £ 14,576 2,787 6,000 1,073 909 204 864 277 225 357 3,180 289 8,336 914 25 40,016 14 2,260 42,290 2022 Support costs Governance costs £ £ £ 14 - - 1,260 - - 1,000 - - 2,274 - - 2,274 - - |
2021 £ - - - - - - - - - - - - - - - |
|---|---|---|
| - - - |
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| - | ||
| 2021 £ - - - |
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| - | ||
| - |
7 Support costs
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THANET CAT CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022
8 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
9 Employees
The average monthly number of employees during the year was:
| 2022 | 2021 | |
|---|---|---|
| Number | Number | |
| 2 | - | |
| Employment costs | 2022 | 2021 |
| £ | £ | |
| Wages and salaries | 14,377 | - |
| Other pension costs | 199 | - |
| 14,576 | - |
There were no employees whose annual remuneration was more than £60,000.
10 Net gains/(losses) on investments
| Unrestricted funds 2022 £ Revaluation of investments (2,824) 11 Tangible fixed assets Freehold land and buildings Fixtures and fittings Computers £ £ £ Cost Additions 189,871 24,062 332 At 31 December 2022 189,871 24,062 332 Depreciation and impairment Depreciation charged in the year 941 1,805 41 At 31 December 2022 941 1,805 41 Carrying amount At 31 December 2022 188,930 22,257 291 |
Total 2021 £ - |
|---|---|
| Total £ 214,265 |
|
| 214,265 | |
| 2,787 | |
| 2,787 | |
| 211,478 |
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THANET CAT CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
| 12 Financial instruments Carrying amount of financial assets Instruments measured at fair value through profit or loss 13 Debtors Amounts falling due within one year: Prepayments and accrued income 14 Current asset investments Listed investments 15 Creditors: amounts falling due within one year Other taxation and social security Trade creditors Other creditors Accruals and deferred income |
2022 £ 305,901 2022 £ 865 2022 £ 305,901 2022 £ 2 1,593 1,721 2,710 6,026 |
2021 £ - |
|---|---|---|
| 2021 £ - |
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| 2021 £ - |
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| 2021 £ - - - - |
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| - |
16 Related party transactions
There were no disclosable related party transactions during the year (2021 - none).
As at the start of July 2022 a charitable unincorporated organisation, under the same name of Thanet Cat Club, transferred all assets and liabilities to this charity.
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