FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR BUDDY'S RESCUE BUDDIES
BUDDY'S RESCUE BUDDIES coNrEKfs OF THE FINANCIAL STATEMENTS TrOR"I'HE YEAR ENDED 31 DECEMBER 2024 Page General inform¢ltion Trustees Report Accounts PJge I
BUDDY'S RESCUE BUDDIES GENERAL INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2024 TRUSTEES: Lesley Bassett Carol Willis D41riel Lines Peter Bassett CHARITY NUMBER: 1201237 ADDRESS: Kings Cottage London Road Barkway Royston Herts SG8 8EZ Page 2
BUDDY'S RESCUE BUDDIES TRUSTF,ES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 GOVERNANCE The Charity 15 a Charitable Incorporated Orgdnisalion (CIO). It is run by four trusl¢¢s, one of whom acts as trea8ureT. The Trustee5 tneel as and when required, usually at least once a year. RESERVES POLICY, STRATEGIC AIMS, OBJECTIVES, ACTIVITIES AND ACHIEVEMENTS (as required by the Stalemeni of Recomtnended Practice applicable to charities preparing their iiccounts Èn dccordancc with the Fitjancial Reporting St(Indard applicable in the UK and Republtc of Ireland (SORP FRS 102 updaled January 2019)) OBJEcfivES OF THE CHARITY The main objective of the Charity is to relieve the suffering of animals in need of care and attention and, in particulai, lo provide and maintain rescue homes or other facilities for the receplion, care and treatment of such animals. To promote humane behaviour towards animals by providing appropriate care, protection, treatment and security for animals which are in need of care and attention by reason of sickness, mistreatment, poor circumqtances or ill usage (Ind to educate the public in matters pertaining lo animal welfare in gen¢ral and the prevention of cmelty and suffering among animals. The acliviiies covered by the charity include offering shelter or sanctuary for ¢inima15 which are in need of medical altention; providing medical treatment for animals and actively seeking new homes for 'rescued' animals. Background Information We are run solely by volunteers dedicated lo the rescue. rehabilitation and eventual rehorning of disadvant¢iged or injured animiil8. We do not have our own premi.ses, and anima15 are generally c(Ired for by foster homes or other charitable .S¢includrie5. We are a small organisation and we Pride ourselves on giving a very personal service. We will never allow a healthy, well balanced animal to be put to sleep, unless a vet advises that it would be a better course of dction. Wc carry oui fundrdising activities including online auctiuns and appeals for specific animals. We may receive a voluntary donation from (Idopters, the amount being left lo their choice. We are very graleful for the numerous donors who have Provided fundAng this year. ACHIEVEMENfs AND PERFORMANCE During the year. we have rescuedlrehomed 25 dogs. Dogs have been rescued in the UK and in Romania and The Balkans, Spain, Ukraine, Greece and Chind. At the end of the year, two dogs from Ukraine and one rescued from the meal trade in China were awaiting new homes, the remainder hiid (Ill been settled in their new UK homes. We are very grateful to our loyal bdnd of followers who send donations, many on (I regular basis. Their continued support means we can conttnue to respond to needy cases as they arrive. Page 3
BUDDY'S RESCUE BUDDIES We are also continuing to work with the Romanian Charity Associatia Saving Orphaned Souls and are helping to fund the establishment of a permdnent shelter in Romania. The shelter will house over 2(K> dogs and cats in a safe environment, pending the aim of thern being rehomed to d forever home. During 2024, the shelter made considerable progress with the erection of fencing and some kennels, and work will continue during 2025. Al the end of the year 2024, total funds held weIe £29,427. Of this, £19,316 is ringfenced and held ds a DeSIated Fund for the Romanian shelter. FINANCIAL REVIEW AND RESERVES POLICY The Charity's funds are held in an account with Barclays Bank. The Charity aims to hold funds sufficient, at any one time, to fund all rescued (Inimdls currently in our care. This will include the costs of feed, kennelling and veterinary treatment required befoie the aDimals can be found a forever home. STATEMENT OF TRUSTEES, RESPONSIBILITIES In preparing ihe financial statements, The Trnstees are required to: •selecl suitable accounting policies and then apply them consistently. • make judgements and eslim(Ites that are reasonable and prudent; prepare the finitncial st(Ilements on the going concern basis unless il is inappropriate to presume that the charity will continue in business. The Trustees are responsible for ensuring that arrangements are made for keeping proper books of account Wlth respect to the charity's tr¢insaclions and its assets and liabilities such as to enable the Accounts of the chÉirity to give a true and fair view of the income and expenditure of the peiiod. The tTUStees are also responsible lor esliiblishing and maintaining a satisfactory system of control over the ch(Irily s books of (Iccounl, its cash holdings and all ils receipts and remittance5 dnd hcnce for taking steps for the prevention and detection of fraud and other irregularities. Approved by The Trnstees dnd signed on behalf of The Trustees Signed:, Date: Page 4
BUDDY'S RESCUE BUDDIES CHARITY NUMBER 1201237 Registered 5 December 2022 ACCOUNTS for the year to 31 December 2024 2024 2W23 Balanc& broughtforward 21196.97 2080.85 INCOME Charitable donations received Adoption donations received Romanikn Shelter appèal Gift Aid 20256.05 10336.80 141800.00 36471.25 16854.37 4700.00 87250.00 22484.65 Total inrne for the year 208864.10 131289,02 EXPENDURE Animal rescue & welfare grants made Romanian Shelter grants made Transport ¢harg8s Insurance costs Bank charges 17201.37 169253.75 13585.20 435.02 158.51 15734.20 91177.71 5171.03 Total expgnditure lor th8 year 200633.85 112172.90 Balance of funds hold 29427.22 21196.97 Allocatlon of fund6'. Gen&ral Fund8 Designated Funds (Romanian Shelt8r Appeal) 10110.48 19316.74 37%5.17 17481.80 Tolal funds held 29427.22 21196.97 Signed by Trea8urarrynJstge Carol Willis FCCA Chartèred Certili8d Accountant Signed by Indgpendont Examiner Margaret Bylord Accountant (Retired) Date Page S