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 2024
THANET CAT CLUB
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Mr N A Jordan |
|---|---|
| Mrs Georgina Riggs | |
| Ms Rebecca Weller | |
| 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 2024
The trustees present their annual report and financial statements for the year ended 31 December 2024.
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 has had another successful year for rehoming. Our 15 pens have been fully occupied through the year, and we have successfully rehomed 32 cats including three over 15 years old and three litters of kittens. We have continued to support six elderly cats owned by pensioners who could not otherwise afford the vets fees.
The charity depends for its continued success on Cattery Manager Jodi Penney, assisted by Vicky Shaw and a team of dedicated volunteers who come in to help care for and socialise our cats, some of which come to us very nervous and in poor condition.
The charity's principle source of income is our shop at 82 High Street, Broadstairs, run and managed by Trustee Georgina Riggs and helped by her team of devoted volunteers. They are supported in turn by all our friends who donate our stock and buy from us. The Trustees acknowledge that without all these efforts the charity would not be able to continue its work and offer their thanks to all concerned for another successful year.
Financial review
The 2024 figures show a net deficit for the year of £16,346, compared with the 2023 surplus of £30,061. This is accounted for largely by the decline in legacy income, the fall in value of the charity's investment in the COIF Ethical Investment Fund, 1% in the last year, the rise in wage costs of £6,577 or 18%, and veterinary expenses of £6,380 or 31%. Overall, the total costs of running the charity in the year have increased by a modest £3,860 or 3.7%.
Plans for Future Periods
The charity continues to operate to capacity given its relatively small premises and resources. During the current year (2025), 16 cats have been taken in and rehomed, with a constant throughput and full occupancy.
During 2025/2026 we hope to be able to improve our cattery by adding an additional canopy to protect the south facing range of pens from excessive sunlight, electric panel heaters in each of the pens and an outside exercise run with the help of donations.
The lease on the shop is due for renewal in November 2025. The rent has not been raised for some years and we are hoping the landlord will not seek to raise the rent given the current economic climate and that takings from the shop remain very much the same year by year.
The charity plans to reduced its holding in the COIF Ethical Investment Fund by 50% and the place the proceeds into the associated COIF Deposit Fund, hopefully receiving an income 3.5-4%, depending on money market rates. The Trustees consider this change necessary, given that the charity is likely to have to draw on its reserves each year to meet current expenditure.
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.
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THANET CAT CLUB
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
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).
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 Mrs Georgina Riggs Ms Rebecca Weller 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 2025
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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 2024.
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 2025
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THANET CAT CLUB
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2024 | 2023 | ||
| Notes | £ | £ | |
| Income and endowments from: | |||
| Donations and legacies | 2 | 18,098 | 47,044 |
| Charitable activities | 3 | 42,774 | 39,222 |
| Investments | 4 | 15,075 | 11,413 |
| Other income | 5 | 663 | 652 |
| Total income | 76,610 | 98,331 | |
| Expenditure on: | |||
| Charitable activities | 6 | 102,175 | 98,315 |
| Net gains/(losses) on investments | 10 | 9,219 | 30,045 |
| Net movement in funds | (16,346) | 30,061 | |
| Fund balances at 1 January 2024 | 697,444 | 667,383 | |
| Fund balances at 31 December 2024 | 681,098 | 697,444 |
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 2024
| 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 |
2024 £ 2,146 345,166 140,262 487,574 (7,813) |
£ 201,337 479,761 681,098 681,098 681,098 |
2023 £ 769 424,252 71,201 496,222 (4,935) |
£ 206,157 491,287 |
|---|---|---|---|---|
| 697,444 | ||||
| 697,444 | ||||
| 697,444 |
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 2024.
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 2025
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 2024
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 | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2024 | 2023 | |
| £ | £ | |
| Legacies receivable | 16,901 | 46,785 |
| Membership fees | 1,197 | 259 |
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THANET CAT CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
3 Charitable activities
| Donations - shop sales Fundraising and donations Charitable rental income Other income |
2024 £ 25,814 10,060 6,900 - 42,774 |
2023 £ 25,764 7,670 5,400 388 |
|---|---|---|
| 39,222 |
4 Investments
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2024 | 2023 | |
| £ | £ | |
| Income from listed investments | 9,788 | 9,610 |
| Interest receivable | 5,287 | 1,803 |
| 15,075 | 11,413 | |
| Other income | ||
| Unrestricted | Unrestricted | |
| funds | funds | |
| 2024 | 2023 | |
| £ | £ | |
| Other income | 663 | 652 |
5 Other income
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THANET CAT CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
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 207 - Accountancy - 1,200 Bookkeeping - 2,345 207 3,545 Analysed between Charitable activities 207 3,545 |
2024 £ 43,843 4,820 11,999 889 174 230 1,754 (1,251) 550 224 4,645 1,171 26,692 2,683 - 98,423 207 3,545 102,175 2024 Support costs Governance costs £ £ £ 207 45 - 1,200 - 2,080 2,345 - 2,020 3,752 45 4,100 3,752 45 4,100 |
2023 £ 37,266 5,321 12,000 1,023 3,462 1,504 1,785 2,132 549 514 4,185 1,348 20,312 2,707 62 |
|---|---|---|
| 94,170 45 4,100 |
||
| 98,315 | ||
| 2023 £ 45 2,080 2,020 |
||
| 4,145 | ||
| 4,145 |
7 Support costs
8 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
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THANET CAT CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
9 Employees
The average monthly number of employees during the year was:
| 2024 | 2023 | |
|---|---|---|
| Number | Number | |
| 2 | 2 | |
| Employment costs | 2024 | 2023 |
| £ | £ | |
| Wages and salaries | 42,967 | 36,565 |
| Other pension costs | 876 | 701 |
| 43,843 | 37,266 |
There were no employees whose annual remuneration was more than £60,000.
10 Net gains/(losses) on investments
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2024 | 2023 | ||||
| £ | £ | ||||
| Revaluation of investments | 9,219 | 30,045 | |||
| 11 | Tangible fixed assets | ||||
| Freehold land | Fixtures and | Computers | Total | ||
| and buildings | fittings | ||||
| £ | £ | £ | £ | ||
| Cost | |||||
| At 1 January 2024 | 189,871 | 24,062 | 332 | 214,265 | |
| At 31 December 2024 | 189,871 | 24,062 | 332 | 214,265 | |
| Depreciation and impairment | |||||
| At 1 January 2024 | 2,840 | 5,144 | 124 | 8,108 | |
| Depreciation charged in the year | 1,899 | 2,838 | 83 | 4,820 | |
| At 31 December 2024 | 4,739 | 7,982 | 207 | 12,928 | |
| Carrying amount | |||||
| At 31 December 2024 | 185,132 | 16,080 | 125 | 201,337 | |
| At 31 December 2023 | 187,031 | 18,918 | 208 | 206,157 |
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THANET CAT CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
| 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: Other debtors 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 |
2024 £ 345,166 2024 £ 1,324 822 2,146 2024 £ 345,166 2024 £ 1,016 2,294 213 4,290 7,813 |
2023 £ 424,252 |
|---|---|---|
| 2023 £ - 769 |
||
| 769 | ||
| 2023 £ 424,252 |
||
| 2023 £ 376 1,571 188 2,800 |
||
| 4,935 |
16 Related party transactions
There were no disclosable related party transactions during the year (2023 - 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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