REGISTERED CHARITY NUMBER: 1197372
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2023
for
Animals Of Our World
Animals Of Our World
Contents of the Financial Statements for the Year Ended 31 December 2023
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Report of the Trustees | 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 10 |
| Detailed Statement of Financial Activities | 11 to 12 |
Animals Of Our World
Reference and Administrative Details for the Year Ended 31 December 2023
TRUSTEES
Kim Kaczorowski Chair Ricky Jo-Coster Trustee Lisa Falco Trustee
PRINCIPAL ADDRESS
243 Noak Hill Road Billericay CM12 9UN
REGISTERED CHARITY 1197372 NUMBER
INDEPENDENT EXAMINER
Quilfords Limited Chartered Certified Accountants 113 Romford Road London E15 4LY
Page 1
Animals Of Our World
Report of the Trustees for the Year Ended 31 December 2023
The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
FINANCIAL REVIEW
Funds in Deficit
The charity received income of £65,346 (2022: £64,271) during the year. After outgoing expenses of £66,016 (2022: £55,135), the charity was left with a deficit of £670 (2022: surplus £9,137) for the year.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Approved by order of the board of trustees on 31[st] October 2024 and signed on its behalf by:
Kim Kaczorowski - Trustee
Page 2
Independent Examiner's Report to the Trustees of Animals Of Our World
Independent examiner's report to the trustees of Animals Of Our World
I report to the charity trustees on my examination of the accounts of Animals Of Our World (the Trust) for the year ended 31 December 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts 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.
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 accounts to be reached.
Askir Ali
Quilfords Limited Chartered Certified Accountants 113 Romford Road London E15 4LY
Date: 31[st] October 2024
Page 3
Animals Of Our World
Statement of Financial Activities for the Year Ended 31 December 2023
| 31.12.23 | 31.12.22 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 28,160 | 42,627 | |
| Other trading activities | 2 | 37,172 | 21,645 |
| Investment income | 3 | 14 | - |
| Total | 65,346 | 64,272 | |
| EXPENDITURE ON | |||
| Raising funds | 4 | 23,162 | 14,492 |
| Charitable activities | |||
| Project costs | |||
| 42,854 | 40,642 | ||
| Total | 66,016 | 55,134 | |
| NET INCOME/(EXPENDITURE) | (670) | 9,138 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 9,138 | - | |
| TOTAL FUNDS CARRIED FORWARD | 8,468 | 9,138 |
The notes form part of these financial statements
Page 4
Animals Of Our World
Balance Sheet 31 December 2023
| 31.12.23 | 31.12.22 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 7 | 9,088 | 9,088 |
| CURRENT ASSETS | |||
| Cash at bank | 280 | 50 | |
| CREDITORS | |||
| Amounts falling due within one year | 8 | (900) | - |
| NET CURRENT ASSETS | (620) | 50 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 8,468 | 9,138 | |
| NET ASSETS | 8,468 | 9,138 | |
| FUNDS | 9 | ||
| Unrestricted funds | 8,468 | 9,138 | |
| TOTAL FUNDS | 8,468 | 9,138 |
The financial statements were approved by the Board of Trustees and authorised for issue on 31[st] October 2024 and were signed on its behalf by:
Kim Kaczorowski - Trustee
The notes form part of these financial statements
Page 5
Animals Of Our World
Notes to the Financial Statements for the Year Ended 31 December 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 6
continued...
Animals Of Our World
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
2. OTHER TRADING ACTIVITIES
| 2. | OTHER TRADING ACTIVITIES | ||
|---|---|---|---|
| 31.12.23 | 31.12.22 | ||
| £ | £ | ||
| Fundraising events | 37,172 | 21,645 | |
| 3. | INVESTMENT INCOME | ||
| 31.12.23 | 31.12.22 | ||
| £ | £ | ||
| Interest receivable - trading | 14 | - | |
| 4. | RAISING FUNDS | ||
| Raising donations and legacies | |||
| 31.12.23 | 31.12.22 | ||
| £ | £ | ||
| Support costs | 19,012 | 14,492 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 42,627 |
| Other trading activities | 21,645 |
| Total | 64,272 |
| EXPENDITURE ON | |
| Raising funds | 14,492 |
| Charitable activities | |
| Project costs | |
| 40,642 |
Page 7
continued...
Animals Of Our World
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
| 6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
|---|---|---|---|
| Unrestricted | |||
| fund | |||
| £ | |||
| Total | 55,134 | ||
| NET INCOME | 9,138 | ||
| TOTAL FUNDS CARRIED FORWARD | 9,138 | ||
| 7. | TANGIBLE FIXED ASSETS | ||
| Fixtures | |||
| and | |||
| fittings | |||
| £ | |||
| COST | |||
| At 1 January 2023 and | |||
| 31 December 2023 | 9,088 | ||
| NET BOOK VALUE | |||
| At 31 December 2023 | 9,088 | ||
| At 31 December 2022 | 9,088 | ||
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 31.12.23 | 31.12.22 |
||
| £ | £ | ||
| Other creditors | 900 | - |
Page 8
continued...
Animals Of Our World
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
9. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | ||
|---|---|---|
| Net | ||
| movement | At | |
| At 1.1.23 | in funds | 31.12.23 |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 9,138 |
(670) | 8,468 |
| TOTAL FUNDS 9,138 |
(670) | 8,468 |
| Net movement in funds, included in the above are as follows: | ||
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 65,346 |
(66,016) | (670) |
| TOTAL FUNDS 65,346 |
(66,016) | (670) |
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| in funds | 31.12.22 | ||
| £ | £ | ||
| Unrestricted funds | |||
| General fund | 9,138 | 9,138 | |
| TOTAL FUNDS | 9,138 | 9,138 | |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 64,272 | (55,134) | 9,138 |
| TOTAL FUNDS | 64,272 | (55,134) | 9,138 |
Page 9
continued...
Animals Of Our World
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
9. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.1.22 | in funds | 31.12.23 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | - | 8,468 | 8,468 |
| TOTAL FUNDS | - | 8,468 | 8,468 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 129,618 | (121,150) | 8,468 |
| TOTAL FUNDS | 129,618 | (121,150) | 8,468 |
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2023.
Page 10
Animals Of Our World
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 December 2023 | ||
| 31.12.23 | 31.12.22 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 22,183 | 40,123 |
| Grants - SPCAI | 5,977 | 2,504 |
| 28,160 | 42,627 | |
| Other trading activities | ||
| Fundraising events | 37,172 | 21,645 |
| Investment income | ||
| Interest receivable - trading | 14 | - |
| Total incoming resources | 65,346 | 64,272 |
| EXPENDITURE | ||
| Charitable activities | ||
| Vetinary Care | 10,675 | 9,855 |
| Animal feed supplies | 14,483 | 13,926 |
| Vaccines & Medication | 6,859 | 6,063 |
| Community Outreach | 2,624 | 2,946 |
| Animal Shelter Rent | 8,213 | 7,852 |
| 42,854 | 40,642 | |
| Support costs | ||
| Finance | ||
| Bank charges | 32 | - |
| Other | ||
| Wages | 11,121 | 10,820 |
| Light and heat | 2,564 | 2,491 |
| Telephone | 68 | - |
| Postage and stationery | 976 | 281 |
| Travel and subsistence | 2,604 | - |
| Event expenses | 4,150 | - |
| Carried forward | 21,483 | 13,592 |
This page does not form part of the statutory financial statements
Page 11
Animals Of Our World
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 December 2023 | ||
| 31.12.23 | 31.12.22 | |
| £ | £ | |
| Other | ||
| Brought forward | 21,483 | 13,592 |
| Card machine charges | 71 | - |
| Subscription fee | 100 | - |
| Accountancy fees | 900 | 900 |
| Other office costs | 385 | - |
| Vehicle running costs | 191 | - |
| 23,130 | 14,492 | |
| Total resources expended | 66,016 | 55,134 |
| Net (expenditure)/income | (670) | 9,138 |
This page does not form part of the statutory financial statements
Page 12