**REGISTERED CHARITY NUMBER: 1199776**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Period 25 July 2022 to 31 December 2023**
**for**
**Apollo's Angels**
BK Plus Limited Lakeside Offices The Old Cattle Market Coronation Park
Helston Cornwall TR13 0SR
**Apollo's Angels**
## **Contents of the Financial Statements for the Period 25 July 2022 to 31 December 2023**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 2|
|**Independent Examiner's Report**|3|
|**Statement of Financial Activities**|4|
|**Balance Sheet**|5|
|**Notes to the Financial Statements**|6 to 9|
|**Detailed Statement of Financial Activities**|10 to 11|
**Apollo's Angels**
## **Report of the Trustees for the Period 25 July 2022 to 31 December 2023**
The trustees present their report with the financial statements of the charity for the period 25 July 2022 to 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).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The charity is for the benefit of the public to relieve the suffering of dogs who are abandoned, stray or otherwise in need of care and attention in Cyprus. In particular but not exclusively by providing the provision of the rehoming of such dogs and assisting in the reception, treatment and care of such dogs.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable and fund raising activities**
We have met our objectives for the year in being able to care for dogs who have been abandoned, are stray or otherwise in need of care and attention in Cyprus. This has included rehoming dogs where possible.
We are grateful to our community of volunteers, supporters and donors for their unwavering support in helping to achieve our purpose. Our volunteers and facilities enabled us to rescue dogs and care for them in preparation for their eventual adoption. We also worked closely with numerous small shelters and pounds across Cyprus and assisted with pointers in their care.
## **FINANCIAL REVIEW**
## **Financial position**
We are satisfied with the financial performance of the charity during the year under review. There is a surplus of £70,764 for the period ended 31 December 2023 and total funds of £70,764, all of which are unrestricted.
## **Reserves policy**
The charity will ensure that sufficient reserves are available to continue provision for the foreseeable future. The aim is to maintain unrestricted general funds at a minimum of approximately £50,000, being an estimate of 6-9 months operating expenditure. In order to maintain this, it will explore all avenues of funding.
## **FUTURE PLANS**
We expect a large number of pointers in Cyprus will continue to need our assistance over the coming years and we will focus on helping where we can in offering them veterinary care, shelter and ultimately rehoming them. We will also continue to support the work of the street neutering programme.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is a Charitable Incorporated Organisation (CIO) and is controlled by its constitution.
## **Recruitment and appointment of new trustees**
Trustees are appointed at the Annual General Meeting. Trustees are elected by existing members.
## **Organisational structure**
The CIO has a trading subsidiary, Apollo's Angels Enterprises Limited.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1199776
Page 1
**Apollo's Angels**
## **Report of the Trustees for the Period 25 July 2022 to 31 December 2023**
## **Principal address**
The Courtyard 178 Gracedieu Road Whitwick Coalville Leicestershire LE67 5AP
## **Trustees**
Mrs L J Ashton (appointed 25.7.22) Ms J McNaughton (appointed 25.7.22) Ms S E Hall (appointed 25.7.22)
## **Independent Examiner**
Hannah Collison FCCA FCA BFP BK Plus Limited Lakeside Offices The Old Cattle Market Coronation Park Helston Cornwall TR13 0SR
## **TRUSTEES' RESPONSIBILITY STATEMENT**
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 31 October 2024 and signed on its behalf by:
Mrs L J Ashton - Trustee
Page 2
**Independent Examiner's Report to the Trustees of Apollo's Angels**
## **Independent examiner's report to the trustees of Apollo's Angels**
I report to the charity trustees on my examination of the accounts of Apollo's Angels (the Trust) for the period 25 July 2022 to 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:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. 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.
Hannah Collison FCCA FCA BFP
BK Plus Limited Lakeside Offices The Old Cattle Market Coronation Park Helston Cornwall TR13 0SR
Date: .............................................
Page 3
**Apollo's Angels**
## **Statement of Financial Activities for the Period 25 July 2022 to 31 December 2023**
|||Unrestricted|
|---|---|---|
|||fund|
||Notes|£|
|**INCOME AND ENDOWMENTS FROM**|||
|Donations and legacies|2|226,846|
|Other trading activities|3|17,302|
|**Total**||244,148|
|**EXPENDITURE ON**|||
|Raising funds||5,134|
|**Charitable activities**|4||
|Care of dogs||168,250|
|**Total**||173,384|
|**NET INCOME**||70,764|
|**TOTAL FUNDS CARRIED FORWARD**||70,764|
The notes form part of these financial statements
Page 4
||**Apollo's Angels**|**Apollo's Angels**||
|---|---|---|---|
|||**Balance Sheet**||
||**31 December 2023**|||
||||Unrestricted|
||||fund|
||Notes||£|
|**CURRENT ASSETS**||||
|Stocks|7||5,350|
|Cash at bank|||83,580|
||||88,930|
|**CREDITORS**||||
|Amounts falling due within one year|8||(18,166)|
|**NET CURRENT ASSETS**|||70,764|
|**TOTAL ASSETS LESS CURRENT LIABILITIES**|||70,764|
|**NET ASSETS**|||70,764|
|**FUNDS**|10|||
|Unrestricted funds|||70,764|
|**TOTAL FUNDS**|||70,764|
The financial statements were approved by the Board of Trustees and authorised for issue on 31 October 2024 and were signed on its behalf by:
Mrs L J Ashton - Trustee
The notes form part of these financial statements
Page 5
**Apollo's Angels**
## **Notes to the Financial Statements for the Period 25 July 2022 to 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.
Income is mainly generated from adoption fees and from donations. Both are recognised when paid as this is when entitlement is transferred.
## **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.
## **Allocation and apportionment of costs**
Support costs have been allocated to finance and governance costs. Governance costs are those items of expenditure incurred in the course of the charity's statutory obligations and include the cost of independent examination and costs linked to the strategic management of the charity,
Support costs are wholly allocated to the care of dogs, being the main charitable activity undertaken. These costs form part of the overall Care of dogs costs disclosed under Charitable Activities on the face of the Statement of Financial Activities.
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **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.
## **Going concern**
There are no material uncertainties regarding the charity's ability to continue as a going concern.
continued...
Page 6
**Apollo's Angels**
## **Notes to the Financial Statements - continued for the Period 25 July 2022 to 31 December 2023**
## **2. DONATIONS AND LEGACIES**
|**DONATIONS AND LEGACIES**||
|---|---|
|Adoption fees
Donations
Donated services and facilities
Raffles, auctions etc|£
89,741
77,424
1,500
58,181|
||226,846|
Donations include £40,674 made by the trustees following the registration of the charity.
Donated services relate to the fees for the independent examination.
## **3. OTHER TRADING ACTIVITIES**
|**OTHER TRADING ACTIVITIES**||
|---|---|
||£|
|Fundraising|17,302|
## **4. CHARITABLE ACTIVITIES COSTS**
|Care of dogs
**SUPPORT COSTS**
Care of dogs|Support
Direct
costs (see
Costs
note 5)
£
£
159,028
9,222
Governance
Finance
costs
£
£
7,722
1,500|Totals
£
168,250|
|---|---|---|
|||Totals
£
9,222|
## **5. SUPPORT COSTS**
Included within governance costs are fees of £1,000 relating to the independent examination of the financial statements.
Support costs, included in the above, are as follows:
|Support costs, included in the above, are as follows:||
|---|---|
||Care of|
||dogs|
||£|
|Bank and paypal charges|7,722|
|Accountancy and legal fees|1,500|
||9,222|
continued...
Page 7
**Apollo's Angels**
**Notes to the Financial Statements - continued for the Period 25 July 2022 to 31 December 2023**
## **6. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the period ended 31 December 2023.
## **Trustees' expenses**
|There were no trustees' expenses paid for the period ended 31 December 2023.
**7.**
**STOCKS**
Stocks
**8.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors
**9.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Apollos Angels Enterprises Ltd
**10.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
244,148
**TOTAL FUNDS**
244,148|£
5,350
£
18,166
£
18,166
Net
movement
At
in funds
31.12.23
£
£
70,764
70,764
70,764
70,764
Resources
Movement
expended
in funds
£
£
(173,384)
70,764
(173,384)
70,764|
|---|---|
continued...
Page 8
**Apollo's Angels**
## **Notes to the Financial Statements - continued for the Period 25 July 2022 to 31 December 2023**
## **11. RELATED PARTY DISCLOSURES**
During the year, the CIO's trading subsidiary, Apollo's Angels Enterprises Limited, made purchases and received income on behalf of the CIO. There is a balance owed to the subsidiary as at 31 December 2023 of £18,166 which is included in Creditors due within one year. There is no interest charged on this loan and the balance is repayable on demand.
Page 9
**Apollo's Angels**
**Detailed Statement of Financial Activities for the Period 25 July 2022 to 31 December 2023**
£
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Adoption fees
Donations
Donated services and facilities
Raffles, auctions etc
**Other trading activities**
Fundraising
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Postage and stationery
Sundries
Website costs
**Other trading activities**
Sundry goods for resale
Closing stock
**Charitable activities**
Microchips
Crates and dog kennels
Flights
Kennel fees
Transport costs
Veterinary fees
Donations made
**Support costs**
**Finance**
Bank and paypal charges
**Governance costs**
Accountancy and legal fees|89,741
77,424
1,500
58,181
226,846
17,302
244,148
4,681
71
1,131
5,883
4,601
(5,350)
(749)
310
18,114
7,368
28,568
46,392
34,380
23,896
159,028
7,722
1,500|
|---|---|
This page does not form part of the statutory financial statements
Page 10
**Apollo's Angels**
**Detailed Statement of Financial Activities for the Period 25 July 2022 to 31 December 2023**
|**Detailed Statement of Financial Activities**
**for the Period 25 July 2022 to 31 December 2023**||
|---|---|
|Total resources expended
**Net income**|£|
||173,384|
||70,764|
This page does not form part of the statutory financial statements
Page 11