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2023-08-31-accounts

Border Collie Rescue and Rehab Centre

Report of the Trustees and Unaudited Financial Statements Year Ended 31 August 2023

Registered Charity Number: 1200171

Border Collie Rescue and Rehab Centre

Report of the Trustees and Unaudited Financial Statements

Year Ended 31 August 2023

Contents

Page:
1. Legal and Administrative Information
2 - 3. Trustees’ Report
4. Independent Examiner’s Report
5. Statement of Financial Activities
6 Balance Sheet
7 - 10. Notes and Accounting Policies

1

Border Collie Rescue and Rehab Centre

Legal and Administrative Information Year Ended 31 August 2023

Status The organisation is a Charitable Incorporated Organisation, incorporated on
and registered as a charity on 25 August 2022. It is governed by a
Constitution, signed by the Trustees on that date.
Trustees Diane Hart (appointed 25 August 2022)
Christine Murray (appointed 6 January 2023, resigned 31 August 2023)
Karen Morris (appointed 6 January 2023)
Constance Morgan (appointed 25 August 2022)
Jacob Jones (appointed 25 August 2022)
Registered Address Penpompren
Llanfihangel Ar Arth
Pencader
Ceredigion
SA39 9JE
Independent Examiner Jenny Regan B.A., F.C.A.
Penlon
Llanddewi Brefi
Tregaron
Ceredigion
SY25 6RX
Bankers CAF Bank Limited
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ

2

Border Collie Rescue and Rehab Centre

Trustees’ Report

Year Ended 31 August 2023

Commencement of Activities

From 25[th] August 2023, the charity took over the activities of Diane Hart Sheep Dog and Collie Rescue, an unregistered charity, managed by Diane Hart.

Structure, Governance and Management

Type of Governing Document

The charity is governed by a Constitution drawn up in accordance with the Charity Commission suggested governing document for a Charitable Incorporated Organisation.

How is the Charity Constituted

The charity is registered as a Charitable Incorporated Organisation with no voting members other than the trustees.

Trustee Selection Methods

The first trustees were appointed on 25 August, 2022, the date the charity was incorporated, for a term of four years. Apart from the first trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.

Objective and Activities

Summary of the Objects of the Charity Set Out in Its Governing Document

The objects of the charity are:

Summary of the Main Activities in Relation to These Purposes for the Public Benefit

The main activities of the charity in relation to the activities as stated above are:

The trustees have had regard to and complied with the Charity Commission’s guidance on public benefit.

Contributions Made by Volunteers

The charity has 2 volunteers who help with the grooming and walking and hopes to build the numbers up once the Centre has completed its building work and there is more space for exercising the dogs. Volunteers need to be very experienced at dealing with Border Collies and with dogs generally, so before any new volunteers can work directly with the dogs a period of assessment and training would be necessary. Volunteers also help with social media presence, and with publicity and fund raising. Many of our supporters also donate essentials such as worming and flea medication.

The trustees are very grateful for all that is done by their volunteers and supporters.

Border Collie Rescue and Rehab Centre

3

Trustees’ Report Year Ended 31 August 2023

Achievements and Performance

Summary of the Main Achievements of the Charity

In the year the Charity has taken in 72 dogs and has rehomed 48. This is lower than usual due to the premises move. At any one time there are also more than 30 dogs in long term care.

In August 2023 the Charity moved premises from Crymych in Pembrokeshire to Llanfiangel Ar Arth in Carmarthenshire. The new premises are more suitable for the homing of a large number of dogs. Since the year end, work has commenced on the refurbishment of a cattle shed to provide improved accommodation for the dogs. The charity has a policy of housing the dogs in social groups in “rooms” rather than in kennels, as this provides stimulation and leads to happier animals. The trustees are happy with the move and feel that, once work is completed, the Centre will provide a far better temporary and permanent home for the dogs, and improved exercise spaces.

Financial Review

At the end of the period the charity held funds of £21,955. None of these funds were for restricted purposes. Funding for normal activities is from a mix of donations, grants, and fundraising activities. Funding for the purchase of land, and for the refurbishment of the building is by way of a loan of £100,000 from the Communities Investment Fund through the Welsh Council for Voluntary Action.

Policy on Reserves

As a newly formed charity, there are at present no funds available to set aside as long term reserves. It is the trustees’ intention, once building work has been completed, to set aside funds as and when available so that there are funds in hand to upkeep the property so that it provides the best possible accommodation for the rescued dogs.

Risk Review

The trustees consider that the major risk to the charity is the risk of financial insecurity. This is mitigated by a continuous programme of fundraising through social media, which has so far proved to be very successful. The trustees are also aware of the risk of mismanagement of the charity. However, Diane Hart has had very long experience of managing the Sanctuary before it became a charity and is aware of the pitfalls. All decisions are discussed by the trustees in on-line meetings, and the trustees have access to advice from the Charity Commission, which is regularly posted on social media.

Declaration

The Trustees declare that they have approved the Trustees’ Report above.

Approved by the board of trustees on 19 January 2024 and signed on its behalf by:

Diane Hart Managing Trustee

Company Registration Number: CEO 30072
Registered Charity Number: 1200171

4

Independent Examiner’s Report

To the Trustees of

The Border Collie Rescue and Rehab Centre

I report to the trustees on my examination of the accounts of the above charity for the year ended 31 August 2023.

Responsibilities and Basis of Report

As the charity’s trustees, 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 charity’s accounts carried out under Section 145 of the 2011 Act and in carrying out my examination, I have followed all the 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, which gives me cause to believe that, in any material respect:

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.

Jenny Regan B.A., F.C.A. Date 19 January 2024

Chartered Accountant

Penlon Llanddewi Brefi Tregaron SY25 6RX

5

The Border Collie Rescue and Rehab Centre

Statement of Financial Activities
Year Ended 31 August 2023
Unrestricted Total
Note Funds 2023
£ £
Incoming resources
Income and endowments from:
Donations 47,264 47,264
Gift Aid 1,824 1,824
Interest receivable 12 12
Sundry income 150 150
Incoming resources from
charitable activities:
Adoption fees 6,390 6,390
Grants receivable 2 1,000 1,000
Fundraising activities 2,457 2,457
__ __
Total incoming resources 59,097 59,097
______ ______
Resources expended
Raising funds
Charitable activities:
Charitable costs 3 34,230 34,230
Other costs 4 2,912 2,912
______ ______
Total resources expended 37,142 37,142
______ ______
Net incoming resources-
Net income for the year
Being total funds at 31 August 2023 21,955 21,955
====== ======

All recognised gains and losses are reflected through the Statement of Financial Activities and therefore no separate Statement of Total Recognised Gains and Losses is disclosed.

6

The Border Collie Rescue and Rehab Centre

Balance Sheet 31 August 2023

Notes 2023
£ £
Fixed Assets
Tangible assets 6 50,851
Current Assets
Cash at bank and in hand 22,657
______
Creditors- Amounts falling
due within one year 7 9,318
______
Net Current Assets 13,339
Creditors – Amounts falling due
In more than one year 8 (42,235)
______
Net Assets 21,955
=====
Total Funds
Unrestricted funds
General funds 21,955
_
Total Funds 21,955
======

The accounts were approved by the board of trustees on 19 January 2024 and signed on its behalf by:

____ Diane Hart Trustee

The Border Collie Rescue and Rehab Centre

7

Notes to the Accounts Year Ended 31 August 2023

1. Principal Accounting Policies

Basis of Accounting

These financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to the accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice (FRS102), Accounting by Charities, issued in January 2019 and with the Charities Act 2011.

Incoming Resources

All incoming resources are recognised in the Statement of Financial Activities when the charity becomes entitled to the resources, when it is more likely than not that the trustees will receive the resources, and the monetary value can be assessed with reasonable certainty.

Resources Expended

Expenditure is recognised on an accruals basis as a liability is incurred.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both those costs that can be allocated directly to such activities and those costs of an indirect nature to support them.

Governance costs include those cost associated with the constitutional and statutory requirements of the charity and include the independent examiner’s fees and costs linked to the strategic management of the charity.

Depreciation

Fixed assets are recorded at cost at time of acquisition. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life as follows:

Land & buildings Nil Fixtures & fittings Over 5 years on cost

The property has not been depreciated in these financial statements as it was acquired shortly before the year end and is to be adapted to suit the needs of the charity in the current year, and so will increase in value.

8

The Border Collie Rescue and Rehab Centre

Notes to the Accounts(continued) Year Ended 31 August 2023

2. Analysis of Income

Grants receivable comprised: 2023
Unrestricted Total
£ £
Tesco plc 1,000 1,000
====== ======
Analysis of Expenditure
2023
Total
Bank charges 569
Depreciation 214
Dog feed and bedding 11,656
Insurance 188
Motor and travel costs 1,428
Office costs 367
Premises costs 3,078
Publicity and branding 707
Vets’ fees and hygiene costs 16,023
__
34,230
=======

3. Analysis of Expenditure

The above costs are all allocated directly to activities.

4. Other Costs

Other costs comprised:

Other costs comprised:
2023
Total
Independent Examiner’s remuneration 600
Removal costs 600
Legal and professional fees 1,712
_____
2,912
=====

5. Staff Numbers

No staff were employed during the year.

9

The Border Collie Rescue and Rehab Centre

Notes to the Accounts(continued) Year Ended 31 August 2023

6 . Fixed Assets: Tangible Assets

Land & Equipment
Buildings & Fixtures Total
£ £ £
Cost or Valuation
Additions 50,000 1,065 51,065
_ ______ ______
At 31 August 2023 50,000 1,065 51,065
====== ====== ======
Depreciation
Charge for year - 214 214
_ ______ ______
At 31 August 2023 - 214 214
====== ====== ======
Net Book Value
At 31 August 2023 50,000 851 50,851
====== ====== ======
All fixed assets are held for continuing use in the charity’s activities.
The property is stated at cost at the date of acquisition, 14 August 2023. In the trustees’ opinion there ha
been no amendment to its value in the short period before the year end.
7. Creditors: Amounts falling due within one year
2023
£
Accrued expenses 1,553
Loan (note 9) 7,765
_____
9,318
=====
8. Creditors: Amounts falling due in more than one year
Loan (note 9) 42,235
=====

The property is stated at cost at the date of acquisition, 14 August 2023. In the trustees’ opinion there has been no amendment to its value in the short period before the year end.

The Border Collie Rescue and Rehab Centre

10

Notes to the Accounts (continued) Year Ended 31 August 2023

9. Loan

The Charity has negotiated a loan from the Communities Investment Fund through the Welsh Council for Voluntary Action (WCVA). The total loan is for £100,000, of which £50,000 was used to purchase the land acquired by the Charity on 14[th] August 2023. The balance of the loan was received after the year end, on 9[th] September 2023, and is to upgrade existing buildings and to build new accommodation suitable for the housing of dogs.

The loan is repayable over 25 years, commencing on 19[th] September 2023. Interest is payable at 7% on a fixed rate basis.

10. Analysis of Net Assets between Funds and Total Funds

All funding is unrestricted.

11. Transactions with Trustees

Travel expenses of £675 were paid to a former trustee of the charity.

It took several months to open a charity bank account with CAF Bank due to delays in sourcing a bank suitable for the needs of the charity. In that time all transactions were put through the bank account of the managing trustee. All transactions were fully recorded, and the balance of transactions transferred to the Charity bank account as soon as this was opened.

12. Capital Commitments

Since the year end work has commenced on refurbishing the cattle shed to provide accommodation for the dogs. Orders have been placed with a number of companies dealing with different aspects of the work. As prices change, and the amount of work to be done needs to be reassessed from time to time depending on any problems encountered, it is not possible to quantify the commitments made. However, these are all covered by the second tranche of the loan as noted in note 9 above.