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|---|---|---|---|
|Trustees'|report||1-7|
|independent
auditor's||report|8-12|
|Statement|offinancial|activities|13|
|Balance sheet|||14|
|Statement|ofcash flows||15|
|Notes to|the financial|statements|16-27|
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|Trustees|Mr D Lott||||
|---|---|---|---|---|
||Ms LAmies||||
||Ms G Dorman||||
||Ms B Davis||||
||Ms S Collier||||
||Ms C Pope||||
||Ms BHarvey|(Appointed||17January 2023)|
||Ms J Russell|(Appointed||17January 2023)|
||Mr SJones (Appointed|||17January 2023)|
|Charity number|205096||||
|Principal address|174 - 176Ranvilles||Lane||
||Stubbington||||
||Fareham||||
||Hampshire||||
||PO14 3EZ||||
|Auditor|I eonard Gold|Chartered||Accountants|
||Statutory
Auditor||||
||24 Landport Terrace||||
||Portsmouth||||
||Hampshire||||
||England||||
||PO12RG||||
|Bankers|Lloyds Bank Pic||||
||272 London Road||||
||Waterlooville||||
||Hampshire||||
||PO7 7HN||||
|Solicitors|Warner Goodman||LLP||
||8/9 College Place||||
||London Road||||
||Southam pton||||
||Hampshire||||
||SO152FF||||
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|Induction|and training|and training|and training|of|new trustees|new trustees|new trustees|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|On becoming||a trustee,||the|Society provides
an information
pack and makes a training||||course|available.||||||
|Where appropriate,|||mentoring|||by an established
trustee is also used for inducting
and training||||new|trustees.|||||
|Risk management||||||||||||||||
|Charity risk||management|||-|December 2022||||||||||
|The trustees||have|assessed|||the major risks to which
the charity
is exposed,
in particular||||those||relating||to|the|
|specific operational|||areas of|||the|charity
and its finances. The trustees
believe that by||monitoring||reserve levels,||||by|
|ensuring|that controls exist over||||||key financial
systems,
and by examining|the operational
and business|||||risks|faced||
|by the charity, the trustees|||||have||established
effective systems to mitigate those risks. These systems|||||include:||||
|Risk|||||||Action|||||||||
|1) Financial||fraud|||||a) Annual
independent
accounts audit|||||||||
||||||||b) Dual authorisation
for online banking|and two signatures||required|||for cheques|||
||||||||c) Monthly
reviews offinancial records|||||||||
||||||||d) Financial
authority
document
detailing|levels of authority||||||||
|2) Health|and safety||||||a) Documented
policies|||||||||
||||||||b) Annual
insurance
maintained|||||||||
||||||||c) Effective maintenance
ofequipment|||||||||
||||||||d) Independent
audit ofhealth and safety at all sites|||||||||
||||||||e) Health and safety a primary agenda|item at all Trustee Board meetings||||||||
||||||||f) Effective processes relating to Avian|Flu at the Animal Rescue Centre||||||||
|3) Loss oftrustees|||||||a) Ongoing
membership
and volunteer|programme||||||||
|4) Loss of key members||||ofstaff|||a) Effective recruitment
internal
and external|||||||||
||||||||b) Development
and training ofexisting|staff||||||||
||||||||c) Opportunities
for staff to cover for senior staff and||/or experience|||different||||
||||||||departments|||||||||
|4) Funds|deficit||||||a) Annual
budgets set, reviewed
monthly|||||||||
||||||||b) Diversified sources of income|||||||||
||||||||c) Ongoing
fundraising
activities|||||||||
||||||||d) Reserves
policy aims to have six months reserves of non-sustainable|||||||||
||||||||income and reviewed
annually|||||||||
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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
|||Notes|2022
6|2022f|2022
F|2021
8|2021
6|2021
F|
|Income from:||||||Restated||Restated|
|Donations
and|||||||||
|legacies||2|1,206,892||1,206,892|1,354,513||1,354,513|
|Charitable
activities||3|67,967||67,967|73,629||73,629|
|Other trading
activities||4|581,283|21,125|602,408|368,427|70,249|438,676|
|Investments||5|43,147||43,147|37,347||37,347|
|Total income|||1,899,289|21,125|1,920,414|1,833,916|70,249|1,904,165|
|~E*
da|||||||||
|Raising funds||6|308,390||308,390|260,340||260,340|
|Charitable
activities||7|958,638|210|958,848|746,112|787|746,899|
|Taxation|||5,000||5,000||||
|Total expenditure|||1,272,028|210|1,272,238|1,006,452|787|1,007,239|
|Net Income for|the year||627,261|20,915|648,176|827,464|69,462|896,926|
|Transfers|||238,988|(238,988)|||||
|Net movement|in funds||866,249|(218,073)|648,176|827,464|69,462|896,926|
|Fund balances
2022|at 1 January||4 296 5Q5|260 729|4 557234|3,469,041|191,267|3,660,308|
|Fund balances at
December 2022||31|5,162,754|42,656|5,205,410|4,296,505|260,729|4,557,234|
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||||2022|2021||
|---|---|---|---|---|---|
|||Notes|6|6||
|Fixed assets||||||
|Tangible assets||12|2,023,125||1,812,546|
|Current assets||||||
|Stocks
Debtors
Cash at bank and in|hand|13
14|12,189
727,774
2,554,223|11,403
980,594
1,790,972||
|Creditors: amounts|falling due within||3,294,186|2,782,969||
|one year||15|(111,901)|(38,281)||
|Net current assets|||3,182,285||2,744,688|
|Total assets less current liabilities|||5,205,410||4,557,234|
|Income funds||||||
|Restricted funds||16|42,656||260,729|
|Unrestricted
funds||||||
|Designated
funds||17||260,823||
|General unrestricted|funds||5,162,754|4,035,682||
||||5,167,754||4,296,505|
||||5,205,410||4,557,234|
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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|||8||
|Cash flows from operating||activities||||||
|Cash generated
from operations|||20||1,120,148||322,047|
|Investing|activities|||||||
|Purchase|oftangible
fixed assets|||(400,044)||(49,603)||
|Proceeds|from disposal of|investments||||5,412||
|Investment|income received|||43,147||37,347||
|Net cash|used
in investing|activities|||(356,897)||(6,844)|
|Net cash|used in financing|activities||||||
|Net increase
In cash and cash equivalents|||||763,251||315,203|
|Cash and|cash equivalents|at beginning|ofyear||1,790,972||1,475,769|
|Cash and|cash equivalents|at end of|year||2,554,223||1,790,972|
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|useful liv|es on the following bases:|||
|---|---|---|---|
|Freehold|land|not depreciated||
|Buildings||straight|line over 50years|
|Plant and|equipment|straight|line over 3to 5years|
|Motor vehicles||straight|line over 5years|
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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2022|2021|
|||E|E|
|Donations|and gifts|72,326|138,969|
|I egacies receivable||1,121,973|1,127,415|
|Government|grants||62,645|
|RSPCA Grant||10,000||
|Other||2,593|25,484|
|||1,206,892|1,354,513|
##
|||Animal|Animal|
|---|---|---|---|
|||welfare|welfare|
|||2022|2021|
|||E|E|
||||Restated|
|Animal|adoption fees|27,061|22,071|
|Boarding fees and police fees||33,589|38,454|
|Vet fees||7,317|13,104|
|||67,967|73,629|
##
|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||Funds|funds||
||||||Restated||Restated|
|||2022|2022|2022|2021|2021|2021|
|||E|E|E|E.|E||
|Commercial|boarding|121,342||121,342|48,506||48,506|
|Fundraising|events|66,401|21,125|87,526|51,079|70,249|121,328|
|Shop income||393,540||393,540|268,842||268,842|
|Other trading|activities|581,283|21,125|602,408|368,427|70,249|438,676|
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|||||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|---|---|
|||||||||funds|funds|
|||||||||2022|2021|
|||||||||6||
||Rental income|||||||41,790|37,075|
||Income from unlisted|||investments|||||120|
||Interest receivable|||||||1,357|152|
|||||||||43,147|37,347|
|6|Expenditure
on|raising funds||||||||
||Costs of raising|voluntary||||Income||||
|||||||||Unrestricted|Unrestricted|
|||||||||funds|funds|
|||||||||2022|2021|
||||||||||6|
||||||||||Restated|
||Costs of raising voluntary||||income —statf costs|||29,544|11,805|
||Direct costs offundraising|||||activities||1,972|956|
||Staff costs|||||||129,578|128,570|
||Goods for resale|||||||581|554|
||Rent, rates, water||and power|||||98,639|75,557|
||Insurance|||||||1,688|1,274|
||Stationery,
postage|||and telephone||||2,095|1,951|
||Motor expenses|and||travel||||1,088|54|
||Maintenance
and||repairs|||||3,584|4,510|
||Refuse collection|||||||6,710|4,805|
||Bank and credit|charges||||||3,892|294|
||Cleaning|||||||768|2,559|
||Advertising|||||||364||
||Miscellaneous
expenses|||||||804|547|
||Allocated
centrally||incurred|||support and governance|costs|27,083|26,815|
|||||||||308,390|260,340|
##
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||||Animal|Animal|
|---|---|---|---|---|
||||welfare|welfare|
||||2022|2021|
||||6|8|
|||||Restated|
|Staff costs|||461,686|340,046|
|Depreciation
and||impairment|101,577|20,784|
|Veterinary fees and drugs|||25,618|105,040|
|Food|||6,008|5,424|
|Rent, rates, water||and power|80,136|51,818|
|Insurance|||(1,376)|1,080|
|Stationery,
postage and telephone|||1,659|1,350|
|Motor expenses|and travel||856|1,268|
|Maintenance
and||repairs|27,853|52,953|
|Refuse collection|||12,818|5,511|
|Cleaning|||7,649|5,660|
|Clothing|||2,646|1,491|
|Miscellaneous|||10,931|4,184|
|Partial exemption||adjustment|19,847|34,804|
|Staff fundraising|costs||1,135||
|Profit on disposal||ofassets|87,888|5,261|
|Bad debts written||oif|1,044|500|
||||850,515|638,854|
|Share of support|costs (see note 8)||108,333|107,258|
||||958,848|746,899|
|Analysis
by fund|||||
|Unrestricted
funds|||958,638|746,112|
|Restricted funds|||210|787|
||||958,848|746,899|
##
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|Support costs|||||
|---|---|---|---|---|
||||Unrestricted|Unrestricted|
||||funds|funds|
||||2022|2021|
|Staff costs|||80,783|71,946|
|Insurance|||3,337|2,754|
|Motor expenses|and travel||3,158|3,580|
|Telephone,
postage and stationery
Auditors
remuneration|||3,346
6,488|3,975
6,488|
|Legal and professional||fees|1,564|8,006|
|Repairs and maintenance|||3,298|7,087|
|Miscellaneous|expenses||6,359|3,452|
||||108,333|107,258|
##
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|The average
monthly
number ofemployees
during the|year was:||
|---|---|---|
||2022|2021|
||Number|Number|
||39|33|
|Employment
costs|2022
6|2021
8|
|Wages and salaries|682,079|538,495|
|Social security costs|27,351|22,428|
|Other pension costs|11,738|9,521|
||721,168|570,444|
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|Tangible fixe|d assets|||||||
|---|---|---|---|---|---|---|---|
||||Freehold land Building under||Plant and Motor|vehicles|Total|
|||||construction|equipment|||
||||E|E|E|E||
|Cost||||||||
|At 1 January|2022||1,748,050|48,606
400,044|276,559|14,060|2,087,275
400,044|
|Additions
Disposals|||(77,145)||(65,676)||(142,821)|
|At 31 December 2022|||1,670,905|448,650|210,883|14,060|2,344,498|
|Depreciation|and Impairment|||||||
|At 1 January|2022||52,306||208,827|13,596|274,729|
|Depreciation|charged|in the year|58,780||42,333|464|101,577|
|Eliminated
in|respect ofdisposals||||(54,933)||(54,933)|
|At 31 December 2022|||111,086||196,227|14,060|321,373|
|Carrying
amount||||||||
|At 31 December 2022|||1,559,819|448,650|14,656||2,023,125|
|At 31 December 2021|||1,695,744|48,606|67,732|464|1,812,546|
##
|the soci
Stocks|ety.|||||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|Medical|goods|and|goods|for|resale|12,189|11,403|
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|14|Debtors|||||
|---|---|---|---|---|---|
|||||2022|2021|
||Amounts
falling due||within one year:|6|6|
||Trade debtors|||3,166|2,215|
||Legacy debtors|||623,288|931,801|
||Other debtors|||7,289|34,597|
||VAT|||80,000||
||Prepayments|and accrued income||14,031|11,981|
|||||727,774|980,594|
||There were no debtors due alter more than one year.|||||
|15|Creditors: amounts||falling due within one year|2022|2021|
|||||F|6|
||Other taxation|and social security||4,789|8,749|
||Trade creditors|||79,677|19,091|
||Accruals and|deferred|income|22,435|10,441|
||Corporation
tax|||5,000||
|||||111.901|38.281|
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|Iovement
in funds||||||||
|---|---|---|---|---|---|---|---|
|||||Incoming|Resources|||
||||At 01/01/22|resources|expended|Transfers|At 31/12/22|
||||F|6|F|6|F|
|Unrestricted
funds||||||||
|Unrestricted
funds|||4,035,682|1,899,289|(1,272,028)|499,811|5,162,754|
|Designated
fund —Cattery fund
Designated
fund —Maintenance||fund|160,823
100,000||—|(160,823)
~700 000||
||||4,296,505|1,899,289|(1,272,028)|238,988|5,162,754|
|Restricted funds||||||||
|Cattery fund
Accumulated
shelter fund
Pond fund
Case dog fund
F block fund
Cat fund —Brooks|||223,988
11,820
13,073
3,778
8,070|15,000
1,578
4,547|(210)|(238,988)|11,820
13,073
3,568
9,648
4,547|
||||260,729|21,125|~210|~238 988|42,656|
|TOTAL FUNDS|||4 557,234|1 920,414|~1,272 2387||5205,410|
|Comparative
movement|in funds|||||||
|Unrestricted
funds||||||||
|Unrestricted
funds|||3,208,218|1,833,916|(1,006,452)||4,035,682|
|Designated
fund- Cattery fund
Designated
fund —Maintenance||fund|160,823
100 QQQ||||160,823
100,000|
||||3,469,041|1,833,916|(1,006,452)||4,296,505|
|Restricted funds||||||||
|Cattery
fund
Accumulated
shelter fund|||153,739
11,820|70,249|||223,988
11,820|
|Pond fund|||13,137||(64)||13,073|
|Case dog fund
F block fund|||3,778
8,793||~723||3,778
8,070|
||||191,267|70,249|787||260,729|
|TOTALFUNDS|||3660308|1,904 165|1,007 175||4,557234|
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|17|Analysis|of net assets between funds|of net assets between funds||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Totalfunds|Total funds|
||||funds|funds|31/12/2022|31/12/2021|
||||||8||
||Fixed assets||2,023, 125||2,023,125|1,812,546|
||Current|assets|3,251,530|42,656|3,294,186|2,782,969|
||Current|liabilities|(111,901)||(111,901)|(38,281)|
||||5,162,754|42,656|5,205,410|4,557,234|
##
||2022|2021|
|---|---|---|
||8|6|
|Within one year|43,750|54,167|
|Between two and five years|175,000|175,000|
|In over five years|40,105|83,854|
||258,855|313,021|
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|20|Cash generated
from operations||||2022
6|2021f|
|---|---|---|---|---|---|---|
||Surplus for the year||||648,176|896,926|
||Adjustments
for:
Investment
income recognised
in statement||offinancial|activities|(43,147)|(37,347)|
||Loss on disposal oftangible fixed assets
Depreciation
and impairment
oftangible
Taxation|fixed assets|||87,888
101,577
5,000|13,097
20,784|
||Movements
in working
capltah||||||
||(Increase) in stocks||||(786)|(244)|
||Decrease/(increase)
in debtors||||332,820|(562,288)|
||(Decrease) in creditors||||(11,380)|(8,881)|
||Cash generated
from operations||||1,120,148|322,047|