| Page | ||||
|---|---|---|---|---|
| Reference and administrative | details ofthe company, | its Trustees and advisers | ||
| Trustees' report |
2-6 | |||
| Independent auditors' |
report | on the financial statements | 7-10 | |
| Statement offinancial | activities | |||
| Balance sheet | ||||
| Statement of cash flows | 13 | |||
| Notes to the financial | statements | 14-30 |
| Trustees | Paul Dewdney, | Chair | Chair | |||
|---|---|---|---|---|---|---|
| Charles Johnston, | Vice Chair | |||||
| Elizabeth Cordingley |
||||||
| Fay Hoyland-Sims | ||||||
| Edward Knox |
||||||
| lan Price (resigned | 11 September 2021) | |||||
| Nicholas Ulycz |
||||||
| Carole Vernon (resigned | 11 September 2021) | |||||
| Cheryl Vernon (appointed | 11 September 2021) | |||||
| Company | registered | |||||
| number | 04311334 | |||||
| Charity registered | ||||||
| number | 201654 | |||||
| Registered | office | Jail Lane | ||||
| Biggin Hill |
||||||
| Kent | ||||||
| TN16 3AX | ||||||
| Independent | auditors | Kreston Reeves | LLP | |||
| Chartered Accountants |
||||||
| Statutory Auditor |
||||||
| 37St Margaret's | Street | |||||
| Canterbury | ||||||
| Kent | ||||||
| CT1 2TU |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| Note | 2021f | 2021 F |
2021 | 2020 E |
|||
| Income from: | |||||||
| Donations and legacies |
1,266,393 | 33,312 | 1,299,705 | 596,225 | |||
| Charitable activities |
51,474 | 51,474 | 66,014 | ||||
| Other trading activities |
148,008 | 148,008 | 92,082 | ||||
| investments | 9,286 | 9,286 | 12,083 | ||||
| Other income | 30,713 | 30,713 | 45,162 | ||||
| Total income | 1,505,874 | 33,312 | 1,539,186 | 811,566 | |||
| Expenditure on: |
|||||||
| Raising funds | 18,775 | 18,775 | 5,721 | ||||
| Charitable activities |
1,077,507 | 20,000 | 1,097,507 | 984,838 | |||
| Total expenditure | 1,096,282 | 20,000 | 1,116,282 | 990,559 | |||
| Net income/(expenditure) | before net | ||||||
| gains/(losses) on investments |
409,592 | 13,312 | 422,904 | (178,993) | |||
| Net gains/(losses) | on investments | 168,268 | 168,268 | (90,597) | |||
| Net income/(expenditure) | 577,860 | 13,312 | 591,172 | (269,590) | |||
| Transfers between |
funds | 2,886 | (2,886) | ||||
| Net movement in |
funds | 580,746 | 10,426 | 591,172 | (269,590) | ||
| Reconciliation of |
funds: | ||||||
| Total funds brought | forward | 3,018,080 | 137,515 | 3,155,595 | 3,425,185 | ||
| Net movement in funds |
580,746 | 10,426 | 591,172 | (269,590) | |||
| Total funds carried forward | 3,598,826 | 147,941 | 3,746,767 | 3,155,595 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Note | E | ||||||
| Cash flows from operating | activities | ||||||
| Net cash | used in operating |
activities | 108,942 | (220,656) | |||
| Cash flows from investing | activities | ||||||
| Dividends | and interest from | investments | 9,286 | 12,083 | |||
| Purchase | of tangible fixed assets |
(2,886) | (14,249) | ||||
| Net cash | provided by/(used in) investing |
activities | 6,400 | (2,166) | |||
| Change | in cash and cash | equivalents in |
the year | 115,342 | (222,822) | ||
| Cash and | cash equivalents | at the beginning | ofthe year | 509,737 | 732,559 | ||
| Cash and cash equivalents | at the end of | the year | 22 | 625,079 | 509,737 | ||
| The notes on pages 14to 30form part ofthese financial | statements |
| Freehold property |
- Over 50 years |
|---|---|
| Plant and machinery | - Over 5years |
| Motor vehicles | - Over 3years |
| Office equipment | - Over 5 years |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2021 | 2021f | 2021 | 2020 | ||
| Donations | 185,833 | 10,312 | 196,145 | 375,625 | |
| Legacies | 1,045,73? | 13,000 | 1,058,737 | 18?,794 | |
| Grants | 13,960 | 10,000 | 23,960 | 16,000 | |
| Memberships | and subscriptions | 20,863 | 20,863 | 16,806 | |
| 1,266,393 | 33,312 | 1,299,705 | 596,225 | ||
| Total 2020 | 595,132 | 1,093 | 596,225 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2021f | 2021 | 2020 E |
|||
| Animal | adoption | receipts | 30,760 | 30,760 | 43,550 |
| Other | income | 20,714 | 20,714 | 22,464 | |
| 51,474 | 51,474 | 66,014 | |||
| Total 2020 | 66,014 | 66,014 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2021 | 2021 | 2020 | |||
| Sale of new | and | donated goods | 99,743 | 99,?43 | 68,523 |
| Other fundraising | activities | 40,028 | 40,028 | 16,179 | |
| Community | fundraising | 8,237 | 8,23? | 7,380 | |
| 148,008 | 148,008 | 92,082 | |||
| Total2020 | 92,082 | 92,082 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2021 | 2021 | 2020 | |
| E | |||
| Dividends | 4,723 | 4,?23 | 7,944 |
| Interest | 4,563 | 4,563 | 4,139 |
| 9,286 | 9,286 | 12,083 | |
| Total 2020 | 12,083 | 12,083 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2021 | 2021 | 2020 | ||
| Furlough | income | 7,970 | 7,970 | 45,162 |
| Kickstart | income | 22,743 | 22,743 | |
| 30,713 | 30,713 | 45,162 | ||
| Total 2020 | 45,162 | 45,162 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| f. | P | ||||
| Charitable | activities | 1,077,507 | 20,000 | 1,097,507 | 984,838 |
| Total 2020 | 984,838 | 984,838 |
| Support | Total | Total | |||
|---|---|---|---|---|---|
| Direct costs | costs | funds | funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| F | E | ||||
| Charitable | activities | 870,490 | 227,017 | 1,097,507 | 984,838 |
| Total 2020 | 841,422 | 143,416 | 984,838 |
| Total | Total | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2021 | 2020 | ||||
| Staff costs | 647,407 | 587,724 | |||
| Depreciation | 46,032 | 45,779 | |||
| Animal food and supplies | 83,832 | 99,25? | |||
| Veterinary | supplies | and services | 85,779 | 100,922 | |
| Subcontractor | cost | 7,440 | 7,740 | ||
| 870,490 | 841,422 |
| Analysis ofsupport costs |
Analysis ofsupport costs |
|||
|---|---|---|---|---|
| Total | Total | |||
| funds | funds | |||
| 2021 | 2020 | |||
| E | ||||
| Filing fees | 200 | |||
| Recruitment, welfare and |
staff | training | 9,356 | 960 |
| Rates, light, heat and power | 77,256 | ?3,364 | ||
| Insurance | 8,423 | 8,410 | ||
| Repairs and maintenance | 74,413 | 11,965 | ||
| Telephone and fax |
6,741 | 5,84? | ||
| ITexpenses | 15,460 | 4,264 | ||
| Printing, postage and stationery |
1,873 | 1,434 | ||
| Subscriptions | 499 | 1,304 | ||
| Hire ofphotocopier | 3,985 | 8,18? | ||
| Sundry expenses | 524 | 681 | ||
| Vehicle running costs |
6,009 | ?,133 | ||
| Advertising | 186 | 191 | ||
| Consultancy and professional |
fees | 9,230 | 10,533 | |
| Bank charges | 4,962 | 3,893 | ||
| Auditors' remuneration |
6,500 | 4,500 | ||
| Auditors' fees - non-audit | remuneration | 1,600 | 550 | |
| 227,017 | 143,416 |
| The auditors' remuneration amounts to an auditor E1,600(2020 - f550). Staff costs |
fee of E6,500 (2020 - E4,500), and other | services o |
|---|---|---|
| 2021 | 2020 | |
| Wages and salaries | 605,331 | 540,764 |
| Social security costs | 26,201 | 33,292 |
| Pension costs | 15,875 | 13,668 |
| 647,407 | 587,724 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| No. | No. | ||||
| Average | number | of | employees | 38 | 37 |
| Freehold | Motor | Fixtures and | Office | ||
|---|---|---|---|---|---|
| property | vehicles | fittings | equipment | Total | |
| F | F | ||||
| Cost or valuation | |||||
| At 1 January 2021 | 2,706,572 | 39,829 | 8,730 | 50,331 | 2,805,462 |
| Additions | 2,&86 | 2,886 | |||
| At 31 December 2021 | 2,709,458 | 39,829 | 8,730 | 50,331 | 2,808,348 |
| Depreciation | |||||
| At 1 January 2021 | 942,917 | 29,944 | 8,460 | 47,763 | 1,029,084 |
| Charge for the year | 40,113 | 5,041 | 90 | 788 | 46,032 |
| At 31 December 2021 | 983,030 | 34,985 | 8,550 | 48,551 | 1,075,116 |
| Net book value | |||||
| At 31 December 2021 | 1,726,428 | 4,844 | 180 | 1,'7&0 | 1,733,232 |
| At 31 December 2020 | 1,?63,655 | 9,885 | 270 | 2,568 | 1,?76,378 |
| Listed | |
|---|---|
| investments | |
| Cost or valuation | |
| At 1 January 2021 | 824,343 |
| Revaluations | 168,268 |
| At 31 December 2021 | 992,611 |
| Net book value | |
| At 31 December 2021 | 992,61'l |
| At 31 December 2020 | 824,343 |
| 2021 | 2020 |
|---|---|
| 'E | |
| 2,638 | 2,092 |
| 2021 | 2020 | ||
|---|---|---|---|
| F | |||
| Due within one year | |||
| Trade debtors | 129 | 129 | |
| Other debtors | 475,426 | 114,660 | |
| Prepayments | and accrued income | 11,514 | 11,083 |
| 487,069 | 125,872 |
| 2021f | 2020 F |
|||
|---|---|---|---|---|
| Trade creditors | 46,777 | 44,630 | ||
| Other taxation | and social security | 10,267 | 7,898 | |
| Other creditors | 20,187 | 16,549 | ||
| Accruals and deferred | income | 16„631 | 13,750 | |
| 93,662 | 82,827 |
| Balance at | ||||||||
|---|---|---|---|---|---|---|---|---|
| Balance at 1 | 31 | |||||||
| January | Transfers | Gainsl | December | |||||
| 2021 f. |
Income f |
Expenditure | f | in/out F |
(Losses) | 2021 E |
||
| Unrestricted | ||||||||
| funds | ||||||||
| Designated | ||||||||
| funds | ||||||||
| Tangible assets | 1,776,37& | (46,032) | 2,886 | 1 733,232 | ||||
| General funds | ||||||||
| Unrestricted | ||||||||
| income fund | 1,241,702 | 1,505,874 | (1,050,250) | 168,268 | 1,865,594 | |||
| Total | ||||||||
| Unrestricted | ||||||||
| funds | 3,018,080 | 1,505,874 | (1,096,282) | 2,886 | 168,268 | 3,598,826 | ||
| Restricted | ||||||||
| funds | ||||||||
| Kennel rebuild |
125,015 | 10,312 | 135,327 | |||||
| Animal | ||||||||
| Ambulance | ||||||||
| Fund | 12,500 | 12,500 | ||||||
| Vet bills | 10,000 | (10,000) | ||||||
| Goat hard | ||||||||
| standing | 3,000 | (2,886) | 114 | |||||
| Building fund |
10,000 | (10,000) | ||||||
| Total Restricted | ||||||||
| funds | 137,515 | 33312 | (20,000) | (2,886) | 147,941 | |||
| Total offunds | 3 | 1551595 | 1 539,186 | (1,116,282) | 168,268 | 3,746,767 |
| Statement offund | s - prior year | |||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | 31 | |||||
| 1 January | Transfers | Gains/ | December | |||
| 2020f | Income | Expenditure E |
in/out | (Losses) E |
2020 E |
|
| Unrestricted | ||||||
| funds | ||||||
| Designated | ||||||
| funds | ||||||
| Tangible assets | 1,807,908 | (45,779) | 14,249 | 1,776,378 | ||
| General funds | ||||||
| Unrestricted | ||||||
| income fund | 1,480,855 | 810,473 | (944,780) | (14,249) | (90,597) | 1,241,702 |
| Total | ||||||
| Unrestricted | ||||||
| funds | 3,288,763 | 810,473 | (990,559) | (90,597) | 3,018,080 | |
| Restricted | ||||||
| funds | ||||||
| Kennel rebuild |
123,922 | 1,093 | 125,015 | |||
| Animal | ||||||
| Ambulance | ||||||
| Fund | 12,500 | 12,500 | ||||
| Total Restricted | ||||||
| funds | 136,422 | 1,093 | 137,515 | |||
| Total offunds | 3,425,185 | 811,566 | (990,559) | (90,597) | 3,155,595 |
| Summary | offun | ds - current yea | r | ||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at 1 | 31 | ||||||
| January | Transfers | Gains/ | December | ||||
| 2021 f. |
Income F |
Expenditure F |
in/out | (Losses) | 2021f | ||
| Designated | |||||||
| funds | 1,776,378 | (46,032) | 2,886 | 1,733,232 | |||
| General funds | 1,241,702 | 1,505,874 | (1,050,250) | 168,268 | 1,865,594 | ||
| Restricted | funds | 137,515 | 33,312 | (20,000) | {2,886) | 147,941 | |
| 3,155,595 | 1,539,186 | (1,116,282) | 168,268 | 3,746,767 | |||
| Summary | offunds - prior year | ||||||
| Balance at | |||||||
| Balance at | 31 | ||||||
| 1 January | Transfers | Gains/ | December | ||||
| 2020 | Income | Expenditure | in/out | (Losses) | 2020 | ||
| E | F | E | E | E | |||
| Designated | |||||||
| funds | 1,807,908 | (45,7?9) | 14,249 | 1,776,378 | |||
| General funds | 1,480,855 | 810,473 | (944,780) | {14,249) | (90,597) | 1,241,702 | |
| Restricted | funds | 136,422 | 1,093 | 137,515 | |||
| 3,425,185 | 811,566 | (990,559) | (90,597) | 3,155,595 |
| Analysis ofnet assets between funds - cur | rent year | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2021 | 2021 | 2021 | |
| f. | |||
| Tangible fixed assets | 1,733,232 | 1,733,232 | |
| Fixed asset investments | 992,611 | 992,611 | |
| Current assets | 966,845 | 147,941 | 1,114,786 |
| Creditors due within one year | (93,862) | (93,862) | |
| Total | 3,598,826 | 147,941 | 3,746,767 |
| Analysis of net ass | ets | betwe | en | funds | - p | rior | ye | ar | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||||||||
| funds | funds | funds | |||||||||||
| 2020 | 2020 | 2020 | |||||||||||
| E | |||||||||||||
| Tangible fixed assets | 1,776,378 | 1,776,378 | |||||||||||
| Fixed asset investments | 824,343 | 824,343 | |||||||||||
| Current assets | 500,186 | 137,515 | 637,701 | ||||||||||
| Creditors due within | one year | (82,827) | (82,827) | ||||||||||
| Total | 3,018,080 | 137,515 | 3,155,595 | ||||||||||
| 21. | Reconciliation of net movement |
in funds | to | net | cash flow | from operating | activities | ||||||
| 2021 | 2020 | ||||||||||||
| E | |||||||||||||
| Net income/expenditure |
for | the | year | (as | per | Statement | of | Financial | |||||
| Activities) | 591,172 | (269,590) | |||||||||||
| Adjustments for: |
|||||||||||||
| Depreciation charges |
46,032 | 45,779 | |||||||||||
| Losses/(gains) on investments |
(168,268) | 90,597 | |||||||||||
| Dividends, interests |
and | rents | from investments | (9,286) | (12,083) | ||||||||
| Increase in stocks |
(546) | ||||||||||||
| (increase)/decrease | in debtors | (361,197) | (85,396) | ||||||||||
| Increase in creditors |
11,035 | 10,037 | |||||||||||
| Net cash provided | by/(used | in) operating | activities | 108,942 | (220,656) | ||||||||
| 22. | Analysis ofcash and cash equivalents | ||||||||||||
| 2021 | 2020 | ||||||||||||
| Cash in hand | 625,079 | 509,737 |
| At 1 | At 31 | |||||||
|---|---|---|---|---|---|---|---|---|
| January | December | |||||||
| 2021 | Cash flows | 2021 | ||||||
| f | F | F. | ||||||
| Cash | at | bank | and | in | hand | 509,737 | 115,342 | 625,079 |