Charity registration number 1204006 (England and Wales)
PORTHLEVEN HARBOUR HEDGIES RESCUE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
PORTHLEVEN HARBOUR HEDGIES RESCUE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees Miss T Sargent Mr I Putman Miss T Hodgson Mr S Wade Charity number 1204006 Independent examiner Hannah Collison FCCA FCA BFP bk plus Limited Lakeside Offices Coronation Park Helston TR13 0SR Bankers Lloyds Bank Market Square Camborne Cornwall TR14 8JT
PORTHLEVEN HARBOUR HEDGIES RESCUE
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 12 |
PORTHLEVEN HARBOUR HEDGIES RESCUE
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".
Objectives and activities
The aims of the charity are to:
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Further the conservation and preservation of hedgehogs in Cornwall and the South-West
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Help sick, injured or orphaned hedgehogs by providing rescue, care and rehabilitation services with the aim of releasing such hedgehogs back into the wild wherever possible
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Advance the education of the public by raising awareness with regards to hedgehog habitats and the care and conservation of hedgehogs.
Public benefit
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance
Significant activities and achievements against objectives
177 hedgehogs were admitted into the rescue this year, a rise of 37 admissions from the previous year. More admissions does equate to more financial outgoings and time spent within the rescue. It has been an extremely busy and challenging time, our existing veterinary practice informed the charity that they were not able to offer the same level of service, as in previous years. A decision between the trustees was made to find a new veterinary practice that could support the charity and hedgehogs needing veterinary treatment and care.
The new veterinary practice carried out an inspection of the premises, along with checking our practices, policies and procedures and were very happy with their findings. The relationship between both parties is growing and the level of support from the practice is fantastic.
The acclimatisation room and critical care room have both been upgraded and decorated; all works were finalised in preparation for the start of March 2025.
The recruitment of volunteers has been ongoing since January 2025. All volunteers received induction training and were issued with a training pack that is bespoke to the rescue. In total there are currently 15 volunteers who help the charity when possible; this is within the rescue environment and at fundraising events. The insurance policy for the charity has been upgraded to cover volunteer support and public liability at events.
The founder of the charity has continued attending talks to members of the public, particularly in the evenings, raising awareness on hedgehogs and how members of the public can support them in the wild. It is our aim to reach out to schools and attend more events once the volunteer support team becomes more experienced within the rescue environment.
It is our aim within the next 12 - 18 months to have a dedicated outdoor space which will be undercover, protecting outdoor hutches from all weathers. This new area will not only benefit the hedgehogs but the volunteers who currently work outside. We will be fundraising for this as new bespoke made hutches will be required too.
Financial review
The charity made a surplus of £9,571 (2024: £14,675) during the year. Unrestricted funds total £23,641 (2024: £14,250) and restricted funds total £605 (2024: £425). The restricted funds represent grants received towards the purchase of a shed and the depreciation charged against it.
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PORTHLEVEN HARBOUR HEDGIES RESCUE
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Reserves policy
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to around twelve month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
Structure, governance and management
The charity is a an unincorporated charity and is controlled by its governing document.
The trustees who served during the year and up to the date of signature of the financial statements were: Miss T Sargent Mr I Putman Miss T Hodgson Mr S Wade
Recruitment and appointment of trustees
Trustees are appointed by a resolution passed at a trustees meeting. Trustees are elected by existing members.
None of the trustees has any beneficial interest in the charity.
The trustees' report was approved by the Board of Trustees.
Miss T Sargent
Trustee
17 January 2026
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PORTHLEVEN HARBOUR HEDGIES RESCUE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF PORTHLEVEN HARBOUR HEDGIES RESCUE
I report to the trustees on my examination of the financial statements of Porthleven Harbour Hedgies Rescue (the charity) for the year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
Independent examiner's statement
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I have completed my examination. I confirm that no 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 charity as required by section 130 of the Charities Act 2011.
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 financial statements to be reached.
Hannah Collison FCCA FCA BFP
bk plus Limited Lakeside Offices Coronation Park Helston TR13 0SR
Dated: 23 January 2026
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PORTHLEVEN HARBOUR HEDGIES RESCUE
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income from: Donations and legacies 2 25,763 300 Other trading activities 3 1,789 - Total income 27,552 300 Expenditure on: Charitable activities 4 18,161 120 Total expenditure 18,161 120 Net income and movement in funds 9,391 180 Reconciliation of funds: Fund balances at 1 April 2024 14,250 425 Fund balances at 31 March 2025 23,641 605 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 26,063 31,200 500 1,789 318 - 27,852 31,518 500 18,281 17,268 75 18,281 17,268 75 9,571 14,250 425 14,675 - - 24,246 14,250 425 |
Total 2024 £ 31,700 318 |
|---|---|---|
| 32,018 17,343 |
||
| 17,343 | ||
| 14,675 - |
||
| 14,675 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 6 to 12 form part of these financial statements.
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PORTHLEVEN HARBOUR HEDGIES RESCUE
BALANCE SHEET
AS AT 31 MARCH 2025
| Notes Fixed assets Tangible assets 10 Current assets Debtors 11 Cash at bank and in hand Creditors: amounts falling due within one year 12 Net current assets Total assets less current liabilities The funds of the charity Restricted income funds 13 Unrestricted funds 14 |
2025 £ 961 6,361 7,322 (1,040) |
£ 17,964 6,282 24,246 605 23,641 24,246 |
2024 £ - 1,548 1,548 (1,159) |
£ 14,286 389 |
|---|---|---|---|---|
| 14,675 | ||||
| 425 14,250 |
||||
| 14,675 |
The notes on pages 6 to 12 form part of these financial statements.
The financial statements were approved by the trustees on 17 January 2026
Miss T Sargent Trustee
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PORTHLEVEN HARBOUR HEDGIES RESCUE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
Charity information
Porthleven Harbour Hedgies Rescue is a Charitable Incorporated Organisation.
1.1 Basis of preparation
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
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 £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
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PORTHLEVEN HARBOUR HEDGIES RESCUE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.
Support costs have been allocated to governance costs, which are those items of expenditure incurred in the course of the charity's statutory obligations and include the cost of independent examination.
Support costs are wholly allocated to hedgehog care, being the main charitable activity undertaken by the charity.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings
15% straight line
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2 Income from donations and legacies
| Unrestricted Restricted funds funds 2025 2025 £ £ Donations and gifts 24,513 - Grants - 300 Donated goods and services 1,250 - 25,763 300 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 24,513 30,200 - 300 - 500 1,250 1,000 - 26,063 31,200 500 |
Total 2024 £ 30,200 500 1,000 |
|---|---|---|
| 31,700 |
A grant of £300 was received during the year from the British Hedgehog Society to help towards the new rescue shed.
Donated services of £1,250 (2024: £1,000) were received during the year relating to the cost of accountancy services provided.
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PORTHLEVEN HARBOUR HEDGIES RESCUE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
3 Income from other trading activities
| Unrestricted | |
|---|---|
| funds | |
| 2025 | |
| £ | |
| Fundraising events | 1,789 |
| Other trading activities | 1,789 |
4 Expenditure on charitable activities
| Hedgehog | Hedgehog | |
|---|---|---|
| care | care | |
| 2025 | 2024 | |
| £ | £ | |
| Direct costs | ||
| Depreciation and impairment | 3,470 | 1,702 |
| Purchases | 2,925 | 5,674 |
| Vet and medical | 4,765 | 4,015 |
| Equipment | 582 | 2,787 |
| Motor and fuel | 297 | 331 |
| Sundries | 2,341 | 675 |
| Light and heat | 705 | 617 |
| Rates and water | 35 | 42 |
| Insurance | 250 | - |
| Computer and internet expenses | 667 | - |
| 16,037 | 15,843 | |
| Share of support and governance costs (see note 5) | ||
| Support | 2,244 | 1,500 |
| 18,281 | 17,343 | |
| Analysis by fund | ||
| Unrestricted funds | 18,161 | 17,268 |
| Restricted funds | 120 | 75 |
| 18,281 | 17,343 |
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PORTHLEVEN HARBOUR HEDGIES RESCUE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
5 Support costs allocated to activities
| Governance costs Analysed between: Hedgehog care Governance costs comprise: Accountancy |
2025 £ 2,244 2,244 2025 £ 2,244 2,244 |
2024 £ 1,500 |
|---|---|---|
| 1,500 | ||
| 2024 £ 1,500 |
||
| 1,500 |
Accountancy fees include fees payable of £500 for the independent examination of the financial statements.
| 6 | Net movement in funds | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| The net movement in funds is stated after charging/(crediting): | |||
| Fees payable for the independent examination of the charity's financial | |||
| statements | 500 | 500 | |
| Depreciation of owned tangible fixed assets | 3,470 | 1,702 |
7 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
During the year, T Sargent, trustee incurred costs of £740 (2024: £659) relating to the running of the charity which included water and electricity charges. These costs are to be reimbursed back to the trustee and are included within Other creditors.
8 Employees
The average monthly number of employees during the year was:
| 2025 | 2024 | |
|---|---|---|
| Number | Number | |
| Total | - | - |
There were no employees whose annual remuneration was more than £60,000.
9 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
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PORTHLEVEN HARBOUR HEDGIES RESCUE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
| 10 Tangible fixed assets Cost At 1 April 2024 Additions At 31 March 2025 Depreciation and impairment At 1 April 2024 Depreciation charged in the year At 31 March 2025 Carrying amount At 31 March 2025 At 31 March 2024 11 Debtors Amounts falling due within one year: Other debtors 12 Creditors: amounts falling due within one year Other creditors Accruals and deferred income |
Fixtures and fittings £ 15,988 7,148 23,136 1,702 3,470 5,172 17,964 14,286 2025 2024 £ £ 961 - 2025 2024 £ £ 740 659 300 500 1,040 1,159 |
|---|---|
13 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At | 1 | April | Incoming | Resources | At | 31 | March | |
|---|---|---|---|---|---|---|---|---|
| 2024 | resources | expended | 2025 | |||||
| £ | £ | £ | £ | |||||
| Rescue shed | 425 | 300 | (120) | 605 |
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PORTHLEVEN HARBOUR HEDGIES RESCUE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
| 13 | Restricted funds | (Continued) | |||
|---|---|---|---|---|---|
| Previous Period: | At 1 April | Incoming | Resources | At 31 March | |
| 2023 | resources | expended | 2024 | ||
| £ | £ | £ | £ | ||
| - | 500 | (75) | 425 |
The restricted funds above relate to a grant of £500 which was received from Helston Town Council in the previous year, and £300 received in the current year from the British Hedgehog Society towards the build of the new and additional rescue shed. These funds have been fully utilised and included within Fixed assets. The resources expended relate to the depreciation charge on the asset.
14 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At General funds Previous Period: At General funds Analysis of net assets between funds At 31 March 2025: Tangible assets Current assets/(liabilities) |
1 April 2024 Incoming resources Resources expended At 31 March 2025 £ £ £ £ 14,250 27,552 (18,161) 23,641 1 April 2023 Incoming resources Resources expended At 31 March 2024 £ £ £ £ - 31,518 (17,268) 14,250 Unrestricted Restricted Total funds funds 2025 2025 2025 £ £ £ 17,359 605 17,964 6,282 - 6,282 23,641 605 24,246 |
|---|---|
15 Analysis of net assets between funds
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PORTHLEVEN HARBOUR HEDGIES RESCUE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
| 15 | Analysis of net assets between funds | (Continued) | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | |||
| 2024 | 2024 | 2024 | ||
| £ | £ | £ | ||
| At 31 March 2024: | ||||
| Tangible assets | 13,861 | 425 | 14,286 | |
| Current assets/(liabilities) | 389 | - | 389 | |
| 14,250 | 425 | 14,675 |
16 Related party transactions
There were no disclosable related party transactions during the year.
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