Qlmpany wistrndon number. 14427285 Charfty re8lstratlon Nmber: 1204143 The Sheffield Retlred Greyhounds Limlted ANNUAL REPORT AND UNAUDITED FINANCIALSTATEMENTS For the period ended 31 October 2023 TheSheffidd RetFred Greyhounds Umlted Contents Page Legal and admini5tratlve information Directors, report (incorporating the Trustees. annual report) Independent examiner's report Statement of financial activities 8alance Sheet Notes to the accounts 8-12 The Sheffield Retlred Greyhounds Llmlted Le8al and admlnlstratlve inlormatlon For the period ended 31 October 2023 Reglstered Charity Number 1204143 Re8lstered Company Number 14427285 Dlrertors (Trusteesl Matthew Hamilton Kevin Hodson Philip Stent Appointed 1811012022 Appointed 1811012022 Appointed 1811012022 Registered Office The sheffield Retired Greyhounds Limited Rotherham Gate Lodge Howbrook Lane Wortley Sheffield S35 7EH Accountants Seven Hills Actountants Llmlted 57 Burton Street Sheffield S6 2HH Dirertor< report lincorp0TrUngtheTruste￿ annual report) For the perlod ended 31 Ortober 2023 The trustees are pleased to present their annual dlrertor5' report together WFth the financial Statements of the charity for the period ending 31 Ottober 2023 which are aFs0 prepared to m¢et the requirements for a dlrectorg rewt and accounts for Comparbles Act purposes. The financlal statements comply wlth the Charities Art 2011. the Companies Art 2006, the Memorandum and Articles of Association, and the 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) issued Sn Ottober 2019. Structure. governance and management The charFty is a charitable company limited by guarantee and was incorporated on 1811012022. It is governed by a memorandum and articles of association. The Company was regSstered as a charity on 28107123. Overall management of the charity is the responsibility of the trustees who are appointed under the terms of the goveming dr￿uMent. Oblectlves The objects of the Charlty are to provide relief of Slrffering and distress of greyhound5 retlred from racin& irtludin& but rK)t limited to, the following.- Provldlng veterfnary attention and I￿atment fortPK)se greyhounds who rÈquire it; Providing sanctuary for retired or unwanted greyhound5. inclwling those with medica.l or behavioural issues,. Arranging careful and responsible re-homing of greyhounds. Vthen planningthe activitiesforthe yearthe ¢harlty haSc0n￿dered theCharityCommi55ion5 guidance on public benefit and, In particular, the spectfic guldance on charitie5 for the advancement of animal welfare. Revlew of xtivltles This year has been a great year for Sheffield Retired Greyhounds. We have. through our new intake policy managed to redu¢e spending significantly in particular at the vets which has enabled us to put more finance into the care and rehabilltatlon of the racing Greyhounds in our care. On average we look to rehome around ICKJ a year with previous years bein8 around 80 to 90. This year we have rehomed and aided the rehomlng of over 120 Greyhounds. We have held many events which have allowed those in our communitythe ability to connect with those of similar interests and meet all our retlred dogs whirh aid great￿ for those who may be looking for a little bwt more companionship in their lives. Th¢ Slxffleld Retlied Greyhound5 Umlted DirertOT< report Ilncory￿rJtsng the Trustee￿ annual report) For the perlod ended 31 October 2023 Golng Concern Revlew The Sheffield Retired Greyhound5 has now been streamlined and has 5trinBent pollcies and procedures in place which has benefited the oper&ion and finances enabling u5 to carry much more higher profile fundraisin8 and gatherings providing a positive safe environment for community members and highlthting the retired 6￿yhoundS requiring rehoming. The Stadium corttlfiues to provSde support whenever required and for whatever reason. The Stadium supports the rehoming of the Greyhounds as a moral duty and a thank you to the service the Greyhounds have provided them with. There is a debt outstandinE to the Stsdium but there is no requirement or date to payback outside of our means and there Is no interest or penalties attached. The Sheffield Retired Greyhounds have agreed to pay instslments at inteNals where the operation is not affected in anyway. Reserves PoNcy The charity policy on holding reserves is to hold enough money to cover all and any vet requirements for the 28 Greyhounds in our care. Unforeseen medical issues that become evident with the Greyhounds through genetics or age are the biggest and continued expense. We have a policy whe all the Greyhounds will receive the maximum level of care we are able to provide and the current reserve position facilttatesthis. Wages are not applicable therefore redundar7ry and staffing costs are not a consideration. We intend to over the next 12 months continue to repay the debt to the stadium as per the terms outlined in the going concern review and to build up our free re5erve5 to the target level of £60.000. At the end of the current financFal yearthe level of free reserves is a deficit of É43,236 (excludlng long term liabilitie5). Tntstee< responslbllltle5 In mlation to the flnanclal ststsrnents The charity trustees Iwho are also the dirÈrtors of the charty for the purposes of company lawl are responslble for preparing a Tru5tees' annual report and financial statements in accordance wtth applicable law and United Kingdom Acw&iiiLi11 g Sts?I dgrds (United Kingdom Generally Actspted Accounting Prarticel. The report and accounts have been prepared in accordan￿ with the provisions in the Companies Act 2006 relating to small companie5. Company law requires the charity tntstees to prepare financial statements for each period which give a true and fairview of the state of affairs of the charitable COTnpanyandtheEroup and of the incoming resources and applicatton of resources. including the income and expenditure, of the charitable group for that period. In p￿parIng the financial statements. the trijstees are required to= Selert suitable accounting policies and then applythem con5iStently: Observe the methods and principles in the Charities SORP. MakeSudgements and estimates that are reasonable and prudent.. State whether applicable UK accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements,. and Prepare the firiancial statement5 on the going concem basis unle55 it is inappropriate to presume that the charity will continue in business. The Sheftldd Retlred Greyhounds Umlted Dirertor< report {Incryrnting the Tft￿ annual report) Forthe perfod ended 31 Ortober 2023 Trustees, rESponslbllltle5 In relation to the financlal ststemÈnts Icontlnued) The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial ￿5[tIOn of the charity and to enable them to ensure that the financlal statements comply with the Companies Act 2006. They are also resF)onsible for safeguarding the assets of the charity and the group and hence taking re050nable Steps for the prevention and detection of fraud and other irregularities. The trustees are responsible forthe malnrenance and integrity of the charty and financial information included on the chariW5 webstte in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements. Small company provislons This report has been prepared in accordance with the special provisions relatlng to small companies, subject to the small companies, re8ime within Part 15 of the Companies Act 2006. Approved by the board on 6+L and signed on its behalf by: Trustse ## **Independent Examiner’s report to the Trustees of The Sheffield Retired Greyhounds Limited (“the Company”)** I report to the charity trustees on my examination of the accounts of the Company for the period ended 31 October 2023. ## **Responsibilities and basis of report** As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner’s statement** 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: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 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. Signed: _____________________ Susan Cochrane, FCA DChA Seven Hills Accountants Limited 57 Burton Street Sheffield S6 2HH 28/06/2024 Date: _____________________ 5 The Sheffield Retired Greyhounds Limited ststement of Financlal Activities {incorporating an income and expendlture statement) for the 13 month perlod ended 31 Ortober 2023 Unrestricted Funds 2023 Notes Income from: Donations Charitable activitie5 Other trading artivities 29,713 59,170 83,840 Total income 172,723 Expendlture on: Raising funds Charitable activities 236.294 Total expenditure 248.246 Net incomellexpenditure) {75,523) Total fund brou8ht forward Total funds urrled forward 175,523} The charitable company was incorporated on 18 October 2022, this is the first period of a¢￿Unt$. The statement of financial activities includes all gains and losses recognised in the perlod. All 8alns and losses in the period relate to unrestricted attivities. The Sheffleld Retired Greyhound5 Limited Balance Sheet as at 31 October 2023 2023 Current assets Stocks Cash at bank and in hand Total current assets li 1,554 39,241 40,795 Creditors: amounts falling due within one year 12 184,031) Net current assets (43.236) Totsl assets less current Ilabllltles 143,236) Creditors". amounts falling due after more than one year 13 132,287) Total net assets 175.523} Funds of the Charlty Unrestricted fund5 175,5231 Total funds 175,523) For the period ending 31 Ortober 2023 the company was entitled to exemptlon from audlt under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with settion 476 of the Companies Act 2006. The directoes acknowledge their responsibilitie5 for complylng with the requirements of the Att with respect to accounting records and for the preparation of accounts. These accounts have been prepared in accordance with the provislons applicable to companie5 subject to 5m311 companies, regime and in actordaft￿ with FRS102 50RP The financial statements were approved and authorised for issue by the Board on and Signed on its behalf by.. HAtsAI￿ru Director lorthè perlod ended 31 October 2023 l Ac