Trustees, Report for Bunny Angels UK CIO For the year ended 31" January 2025 The Trustees are pleased to present their annual report together with the financial stalements of Bunny Angels CIO for the year ended 31" January 2025. The report has been prepared in accordance with the Charities Act 2011, the CIO'S constitution, and applicable accounting standards. ObjectlV0s and Actlvlties Bunny Angels CIO exists to support the welfare. rescue. rehabilitation, and rehoming of domestic rabbits across the UK. Our core aims are.. To rescue rabbits from neglect, abandonment, or unsafe environments. To provide veterinary care, rehabilitation, and safe foster placements. To work collaboratively within the wider rescue community to secure sanctuary and forev8r homes for vulnerable rabbits. To promole high standards of rabbit welfare through education and publi¢ awareness. Our actNities this year focused on rescue coordination, emergency intake support, funding vital veterinary treatment, and partnership5 Wlth other rescues to maximise th8 number of rabbits we could assist, Achievements and Perfomiance This year saw continued growth in demand for our seNIS. We were approached to assist with approximately five times the number of rabbits we were ultimately able to help, demonstrating the severe and ongoing crisis in rabbit welfare across the UK. Despite these pressures, our small team and strong community partnerships made a significant positive impact. Rescue and Rehoming With the support of our trusted rescue partners. we successfully helped 351 rabbits into forever homes or sanctuary placements. We strengthened our networks within the wider rescue community, enabling improved collaboration, shared resources, and better outcomes for high-risk rabbits. Although demand far exceeded capacily, we prioritised the most urgent cas8S, ensuring that those we did help received appropriate veterinary care and safe onward placement. Veterinary Care The number of unwell, neglected, or medically complex rabbits contlnues to rise. Veterinary costs totalled £29.627, reflecting th8 Severity and voSume of rabbits requiring urgenl or specialist treatment.
Increasing illness rates highlight the welfare cha118ng8s nationally and th8 need for sustained funding to meet veterinary demands. Education and Outreach We continued to promote best rabbrt care practices through our online plalforms and collaborations with rabbit welfare advocates. Awareness efforts helped ensure more informed adoptèrs, better long-t8m outcomes, and greater community engagement.
Bunny Angels UK Charlty No. 1208845 Trustees, Report and Unaudlted Accounts 31January 2025
Bunny An8e15 UK Contents Pages Trustees, Annual Report Independent Examiner'5 Report Page I
Bunny Angels UK Trustees Annual Report The trustee5 presènt their report with the unaudited finantlal statements of the charity for the year ended 31 January 2025. REFERENCE AND ADMINISTRATIVE DETAILS Charlty No. 1208845 Trustees The following trustees seNed during the year.. K. Emmerson J. Hinton H. McLoughlin A¢¢ountants Solutions Accountancy & Bookkeeping Ltd l The Mews Little Brunswick Street Huddersfield HDI 5JL Statement of trustees. responsibi1Sties in relatlon to the finan¢lal statements The charlty trustees are responsible for preparing a trustees, annual report and financial statements in accordance with applicable law and United Kingdom AccountinÉ Standards Iunited Kingdom Generallv Accepted Accounting Practice). The trustees are responsible for keeping proper accounting records that disc105e 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 applitable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are a150 responsible for Safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detertion of fraud and other irregularities. Signed on behalf of the thafity's trustees K. Emmerson Trustee 31 January 2025 Page 2
Bunny Angels UK Independent Examlners Report Independent Examlner's Report to the tn15tee5 of Bunny Angels UK I feport to the trustees on my examination of the financial statements of Bunny Angels UK for the year ended 31 January 2025. Responslbllhie5 and basis of report As the charity's trustees you are responsible for the preparatiors of the financial statement5 in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the charity's flnanclal statements ¢arrle(l Under sectlon 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions gwen by the Charlty Commission under section 14515llbl of the Act. Independent examiner's statement I have completed my examination. I can 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.. the accounting records were not kept in respect of the charity as required by section 130 of the Act,. or the financial statements do not accord with those records- or 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) Regulation5 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 exarrbination. I have no concerns and have corne 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. Solutions Ac¢ountan¢y & Bookkeeping Ltd IThe Mews Little Brunswick stt Huddersfield HDI SIL 31 January 2025 Page 3
Bunny Angels UK Statement of Financial Artivities for the year ended 31 January 2025 Unrestricied funds Total funds 2025 2025 Notes Income and endowments from: Donations and legacies Charltable activities Other 42,967 2,625 2.500 42,967 2,625 2.500 Total 48.092 48,092 Expendlture on: Raising funds Other 31,366 3.198 31,366 3,198 Total 34,564 34,564 Net gains on investments Net Income 13,528 13,528 Transfers between funds Net income before other gain5/ll¢sses) 13,528 13,528 Other gains and105ses Net rnovement in funds 13,528 13,528 Reconciliation of funds: Total funds carried fonvard 13,528 13.528 Page 4
Bunny Angels UK Balance Sheet at 31 January 2025 Charity No. 1208845 2025 Current assets Stocks Cash at bank and in hand 968 16,096 17,064 Net current a55ets 17.064 Total assets less current liabllitlÈs 17,064 13.5361 13,528 Crèditors: Amount5 falling due after more than one year Net assets excludlng penslon asset or Ilablllty Total net assels 13,528 The funds of the charlty Restricted funds Unrestrlcted funds General fund5 io io 13,528 13,528 Reserve5 io Total funds 13,528 Approved by the trustees on 31 Jan*J3ry 2025 And signed on their behalf by.. K. Emmerson Trustee 31 January 2025 Page S
Bunny Ange15 UK Notes to the Accounts for the year ended 31 January 2025 l Accounting policies Basis of preparation The financial statements have been prepared in accordance with Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their account5 in accordance with the Financlal Reporting Standard appllcable in the UK and Republic if Ireland IFRS 1021 issued on 16 July 2014 and the Financial Reporting Standard applicable In the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011. Change In basis of accounting or to previou5 a¢tounts There has been no change to the accounting policies Ivaluation rules and method of accountingl Since last year and no changes have been made to accounts for previous years. Fund accounting Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the Charity. These are unrestricted funds earmarked by the trustees for particular purposes. These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. These are available for use subject to restrictions imposed by the donor or through terms of an appeal. Designated funds Revaluation funds Restricted funds Income Recognition of income Income is included in the Statèment of Financial Activities ISOFAI when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Income with related Where income has related expenditure the income and related expenditure is expendlture rèported gr05s in the SOFA. Donations and legacies Voluntary income received by way of grants, donations and gift5 is included in the the SOFA when receivable and only when the Charity has unconditional entitlernent to the income. Tax reclaims on Income from tax reclaims is included in the SOFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income Iwith an equlvalent amount in expendrturel and facilities where the benefit to the Charity is reasonably quantifiable. measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This 15 included in the accounts when receivable. Gainslllossesl on Thls includes any gain or loss resultin8 from revaluing investments to market value revaluation of fixed at the end of the year. assets Gainslllossesl on investment assets This Includes any gain or loss on the sale of investmènts. Page 6
Bunny Angels UK Notes to the Accounts Expenditure Recognition of expenditure ExpenditLire is recognised on an a¢¢ruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relate5. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of it5 object5, including the making of grants and governance costs. All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but noi yet paid. These include those costs associated with meeting the constitutional and statutory requirements of the Charlty, Sncluding any auditlindependent examination fees, Costs linked to the strategic management of the Charity. together with a share of other administration costs. Other expènditure These are sUPPOrt costs not allocated to a particular activity. Grants payable Governance costs Taxation The charity is exempt from tax on its charitable activities. Freehold investment property Investment properties are measured initially at cost and subseqtjently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities a5 they arise. Stocks Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which 15 the amount the tharity would have been willing to pay for the items on the open market. Trade and othef debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. PTepayment5 are valued at the amount Prepaid net of any trade discounts due. Cash and cash equivalents Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturitie5 of three months or less and bank overdTafts. In the statement of financial position, bank overdrafts are shown within borrowings or current Ilabllities. In the Statement of Cash Flow5, cash and cash equivalent5 are Shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. Trade and other credltors Short term creditor5 are measured at the transaction price. Other creditors and provisions are rerognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of ftjnds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discount5 due. Page 7
Bunny Angels UK Notes to the Accounts Research and deve5opment Expenditltre on research and development is written off in the year in which it is incurred. Forelgn curren¢les Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactiorts in currencies other than the functional currency of the Charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are are taken into account in arrivlng at net incomelexpenditure. Leased assets Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases. Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately. unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are reiVed to enter into operating leases, such incentives are recogni5ed as a liability. The aggregate benefrt of incentives 15 recognised as a reduction of rental expense on a straight-line basis. Pension costs The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligation5. The contributlOn5 are recognised as expen5e5 when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered lunds. Receipt of donated goods, facilities and services All donated goods, facilities and seTvices received are recognised within incoming resources and expenditure at an estimate of the value to the charity. 2 Income from donatlons and lègacies Unrestrlrted Total 2025 Donation5 37.607 430 37,607 430 Adoption Fees Lottery and Easy Fundrèising 4,930 42,967 4,930 42,967 Page 8
Bunny An8els UK Notes to the Accounts 3 Income from charltable a¢tivitie5 UnrÈstrirtÈd Total 2025 Shop 2,625 2,625 2,625 2,625 4 Other income UnrÈstrlrtÈd Total 2025 Grants 2.500 2,51X) 2,51)0 2,500 5 Expendlture on raising funds Vnrestrirted Total 2025 Costs of generoting voluntory Income Adoption Fees Lottery and Easy Fundraising 30.567 799 30,567 799 31,366 31,366 6 Other expenditure Unrestrlcted Total 2025 General administrative costs 2,334 864 2,334 864 Legal and professional cost5 3,198 3,198 7 Staff costs No employee received emolument5 in excess of £60,000. 8 Stocks 2025 Finished goods 968 968 9 Creditors: amounts falling due after more than one year 2025 Other ereditors 3,536 3,536 Page 9
Bunny Angels UK Notes to the Accounts 10 Movement in funds Incoming resources Ai31 January 20Z5 Ilncludlng other galnsllosses Resources expended Restrlcted funds: Unrestricted funds: General funds 48.092 134.5641 13,528 Total fvnd$ 11 Analysis of net assets between funds 48,092 134,5641 13,528 Unrestricted funds Total Net current as5et5 Creditors due in more than one year and provisions I7,C4 17,064 13,5361 13,5361 13,528 13,528 12 Reconciliation of net debt At31 January 2025 Cash flows Cash and cash equivalents 16,096 16,096 16,096 16,096 Net debt 16,096 16,096 Page 10
Bunny Angels UK Detalled Statement of Financial ArtNities for the year ended 31 January 2025 Unrestrirted fund$ 2025 Total funds 2025 Income and endowments from: Donations and legacies Donations Adoption Fees Lottery and Easy Fundraising 37,607 430 37,607 430 4.930 42,967 4.930 42,967 Charitable activities Shop 2,625 2,625 2,625 2,625 Other Granls 2.500 2,500 2,500 2,500 Total Income and endowments 48,092 48,092 Expenditure on: Costs of Eenerating donations and leÈacie5 Adoption Fees Lottery and Easy Fundraising 30,567 799 30,567 799 31,366 31,366 Total of expenditure on raising funds 31,366 31,366 General 3dmini5trative costs, including depreciation and amortisation Bènk tharges General insurances Postage and couriers Sundry expenses 342 342 88 88 224 1,680 2,334 224 1,680 2.334 Legal and professional costs Consultancy fees Other legal and prr)fessional costs 220 220 644 644 864 864 Total of expenditure of othèr costs Total expenditure Net gains on investments 3,198 3,198 34,564 34,564 Page 11
Bunny Angels UK Detailed Statement of Financial Artlvltles 13,528 13,528 Net Income Net income before other Bainslllossesl Other Gains 13,528 13,528 Net movement In fund5 13,528 13,528 Reconciliatlon of funds: Total funds brought forward Total funds carriÈd forward 13,528 13,528 Page 12