Charity Number: 1198552 FIVE CIRCLES DOG RESCUE TRUSTEES REPORT AND FINANCIAL STATEMENTS YEAR ENDED 30JUNE 2024 FIVE CIRCLES DOG RESCUE CHARITY INFORMATION Trustee5 Maria Victoria Vazquez Cervino Emily Read Helen Victoria Bowyer Winkle Spiers (appointed 16 April 20251 Charity number 1198552 Address Flat 30 4 Sutton Park Road Sutton SMI 2GB Independent Examlner Christina Moncur FCCA DChA Canopy Accounting 4 Alexandra Mews 70 Langdon Road Poole BH149EA FIVE CIRCLES DOG RESCUE CONTENT Page Report of the Trustees Independent examiner's report Statement of financial activities Balance sheet Notes to the financial statements FIVE CIRCLES DOG RESCUE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 The trustees present their report and the financial statements of the charity for the period ended 30 June 2024. Principal Activity For the benefit of the public to relieve the suffering of dogs in need of care and attention by reason of sickness, maltreatment, poor circumstances or ill usage and, in particular, to rescue and rehome abandoned and neglected homeless street dogs in Spain. To promote human behaviour toward5 such dogs by providing them with appropriate care, protection and security and thereby to educate the public in matters pertaining to animal welfare in general and the prevention of cruelty and suffering among animals. In all its activities the Trustees have due regard to the Charity Commission's guidance on public benefit. Activities and Future Plans Provide boarding out to the pound for vulnerable dogs either sick or in danger at the pounds. Finding adoptive families in the UK for the stray and pound dogs of Spain. Paying for veterinary care for elderly and sitk stray and pound dogs in need. The Charity assessed 150 adoption applications in the year. 30 doES were rescued from the council pounds found loving adoptive homes in the UK. 25 dogs were taken out of the pound and into boarding kennels. The veterinary care of 8 sick dogs was covered by the Charity during the year. Volunteers The charity is assisted by a number of volunteers. The volunteers contributed their free time to help.. Homecheck adoptive families Running the operations and paperwork needed to bring the dogs to the UK The volunteers manage social media efforts to advertise the dogs in need to the general public. Page I FIVE CIRCLES DOG RESCUE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 FINANCIAL REVIEW During the year under review the unrestricted funds had a balance of £11,197 at the period end. RESERVES POUCY The Trust's Reserves policies are.. that liquid assets should be maintained sufficient to meet three months, forward operational expenditure. capital expenditure commitments are permitted only against agreed lines of funding available for immediate drawdown. TRUSTEE5 The Trustees who served throughout the period and at the date of this report are as follows.. Maria Victoria Vazquez Cervino Emily Read Helen Virtoria Bowyer Winkle Spiers- appointed 16 April 2025 The Trustees are invited to join the charity based on their willingness to help dog, skills, and reputation through a face to face interview. The trustees meet regularly online to assess operation and review finances. LEGAL AND ADMINISTRATION DETAILS The official name of the Charity is Five Circles Dog Rescue. The Charity received its charitable incorporated organisation registration on 7 April 2022, charity number 1198552. Page 2 FIVE CIRCLES DOG RESCUE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 Statement of Trustees, Responsibilities The trustee is responsible for preparing the Trustee's Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practicel- The law applicable to charities in England and Wales require the trustee to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial Statements, the trustee are required to.. select suitable accounting policie5 and then apply them consistently,. observe the methods and principles in the Charities SORP IFRS 1021- make judgements and estimates that are reasonable and prudent,. state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements,. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustee is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable step5 for the prevention and detection of fraud and other irregularities. Signed by order of the Trustees 1210512025 Page 3 FIVE CIRCLES DOG RESCUE INDEPENDENT EXAMINERS, REPORT TO THETRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 I report on the accounts of Five Circles Dog Rescue CIO Icharity number 11985521 for the period ended 30 June 2024, which are set out on pages 5 to 8. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111"the Act"l- The charity's trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the Charities Act, to follow the applicable Directions given by the Charity Commission urbder section 14515llbl of the Act, and to state whether particular matters have come to my attention Basis of independent examinerfs statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. Independent examiner's statement I have completed my examination. In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Charities Act,. or the accounts did not accord with the actounting records the accounts did not comply with the applicable requirement5 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 fairf view which is not a matter tonsidered 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 order to enable a proper understanding of the accounts to be reached. Christina Moncur FCCA DChA Canopy Accounting 4 Alexandra Mews, 70 Langdon Road Poole, BH14 9EA 12 May 2025 Page 4 FIVE CIRCLES DOG RESCUE STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 30 JUNE 2024 Period ended I April 2022 to 30 June 2023 Year ended 30 June 2024 Income Donations and grants 28,295 36,437 28,295 36,437 Income from charitable activities Other income Total income 8,160 18,659 36,455 55,096 Expenditure Raising funds Charitable Activities Total expenditure 732 218 53,731 53,949 30,333 31,065 Net income/ lexpenditurel 5,390 1,147 Transfer between funds Net movement in funds 5,390 1,147 Balance brought forward 5,807 4,660 Balance carried forward 30June 2023 11,197 5,807 All recognised gains and losses during the year are included in the Statement of Financial Activities. All the activities of the charity are classed as continuing. Page S FIVE CIRCLES DOG RESCUE BALANCE SHEET FOR THE YEAR ENDED 30 JUNE 2024 2024 2023 Unrestrirted Funds Unrestrirted Funds Fixed a55etS Current assets Debtors Cash at bank 11,197 11,197 5,807 5,807 Current liabilities Creditors- amounts fallingdue within one year.. Net current assets 11,197 5,807 Net assets 11.197 5.807 Represented by: Restricted Funds Unrestricted Funds 11,197 5,807 Total funds 11,197 5,807 On behalf of the Board of Trustees 1210512025 Page 6 FIVE CIRCLES DOG RESCUE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 Accounting policies Basis of the preparation of accounts The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with the Charity Commission Statement of Recommended Practice- 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 Isecond edition). The Trustees confirm that the Charity is a public benefit entity as defined by FRS 102. The trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable fLJture. Thus, the trustees have adopted the going concern basis of accounting in preparing the financial statements. 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 £. Fund accounting Unrestricted Funds These funds can be used for any of the charity's purposes. 1.2.1 1.2.2 Restricted Funds These funds have been given to the Trust for a particular purpose to be used in accordance with the wishes of the donor. Depreciation The policy is that assets are capitalised that cost over £1,000 and have an ongoing value in use to the charitv. Page 7 FIVE CIRCLES DOG RESCUE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 Income Donations, gifts, legacies and similar incoming resources are accounted for when receivable, which is when the Charity becomes entitled to the resource. Deferred income represents accounts received for future periods and is released to incoming resources in the period for which it Is received. Gift Aid reclaimable on donations to the Charity is included with the amounts received. Investment income, represented by bank interest is credited to the Statement of Financial Activities on a receivable basis. Expenditure All expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay for the expenditure. The direct costs have been allocated as destribed below. The indirect costs have been allocated as described in note 6. Charitable activities.. comprise of those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governance costs.. costs incurred in the governance of the Trust and associated constitutional and statutory requirements. These costs are allocated to charitable activities. Raising funds: costs incurred in raising income for the charity. Irrecoverable VAT is charged to the Statement of Financial Activities as incurred. Financial Instruments The charity has financial assets and liabilities of a kind that qualify as basic financial instrLJments. 83sic financial instruments are recognised initially in the accounts at transaction price, including any transaction costs. At the end of each accounting period, basic financial in5trument5 are recognised at amort15ed cost. For debt instruments this is calcLJ13ted using the effective interest rate method. Critical estimate and judgements and key sources of estimation uncertainty In the application of the Charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates are recognised in the period in which the estimate is revised where the revision affects onlv that period, or in the period of the revision and future periods where the revision effects both current and future periods. Page 8