##
##
##
##
##
##
||||Page|
|---|---|---|---|
|Chairman's|statement|||
|Trustees'|report||2-12|
|Statement|ofTrustees'|responsibit5es||
|Independent
auditor's||report|14-te|
|Statement|ofenanciat|activities|17-18|
|Balance sheet||||
|abatement|ofcash flows|||
|Notes to the financial||statements|21 -36|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Current financial year|Current financial year|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted
Unrestricted||Restricted|Total|Total|
||||||funds|funds|funds|||
||||||general|designated||||
||||||2028|2020|2020|2020|2019|
|||||Notes|8|8|6|8|5|
|Inggmafmm;||||||||||
|Donations
and legacies|||||392,007||1,700|393,707|347,072|
|Government
Covld-19 grants|||||175,698|||175,698||
|(dtntitttningtn)yiii8)t||||||||||
|Adoption fees|||||13,345|||13,345|23,032|
|Other trading
activities|||||309,058|||309,058|459,642|
|Investments|||||293,407|||293,407|223,709|
|Total income|||||1,183,515||1,700|1,185,215|1,053,455|
|Raising funds||||6|406,879|||408,879|615,753|
|Animal Centre||||7|443,920|||443,920|451,803|
|Total charitable|expenditure||||443,920|||443,920|451,803|
|Total resources|expended||||850,799|||850,799|1,067,556|
|Net gains/(losses)
on investments||||11|(653,121)|||(653,121)|191,410|
|Net (outgoing)/incoming|||resources|||||||
|befom transfem|||||(320,405)||1,700|(318,705)|177,309|
|Net (outgoing)/incoming|||resources|||||||
|before transfers|||||(320,405)||1,700|(318,705)|177,309|
|Gross transfers|between|funds|||291,264|(291,284)||||
|Net (expenditure)/income|||for the year/|||||||
|Net movement|in funds||||(29,141)|(291,264)|1,700|(318,705)|177,309|
|Fund balances at 1 January|||2020||8,823,463|3,159,800|6,850|11,990,113|11,812,804|
|Fund balances|at31December|||||||||
|2020|||||8,794,322|2,888,536|8,550|11,671,408|11,990,113|
##
##
|Prior Rnanclal|year|||||||
|---|---|---|---|---|---|---|---|
|||||Unmstrlcted
Unrestricted||Restricted|Total|
|||||funds|funds|funds||
|||||general|designated|||
|||||2O19|2O19|2O19|2O19|
||||Notes|E|E|E|E|
|InngmtLImm'||||||||
|Donations snd legacies|||3|347,072|||347,072|
|Qtnnntblttntnhinn||||||||
|Adoption fess||||23,032|||23,032|
|Other trading activities||||459,642|||459,642|
|Investments||||223,709|||223,709|
|Total Income||||1,053,455|||1,053,455|
|lttnttmSItttnJta;||||||||
|Raising funds|||6|615,753|||615.753|
|Animal Centre|||7|451,803|||451,803|
|Total charitable|expenditure|||451,803|||451,803|
|Total resources expended||||1,067,556|||1,067,556|
|Net gains/(losses)
on investments|||11|191,410|||191,410|
|Net (outgoing)fincoming
transfers||msources befom||177,309|||177,309|
|Gross transfers|between funds|||(659,800)|659,800|||
|Net (expenditure)/income||forthe year/||||||
|Net movement|in funds|||(482,491)|659,800||177,309|
|Fund balances at 1 January||2019||9,305,954|2,500,000|6,850|11,812,804|
|Fund balances|at31December 2019|||8,823,463|3,159,800|6,850|11,990.113|
##
##
##
|||||||2020|2019|
|---|---|---|---|---|---|---|---|
||||Notes|||6|6|
|Fixed assets||||||||
|Tangible assets||||12||1,132,202|880,554|
|investment
properties||||13||7,410,000|8,060,000|
|||||||8,542,202|8,940,554|
|Cunent assets||||||||
|Stocks||||14||4,374|7,164|
|Debtors||||15||288,972|280,022|
|Investments||||16|2,637,032||2,602,930|
|Cash at bank and in|hand|||||355,316|237,219|
||||||3,263,894||3,127,335|
|Creditors: amounts|falling due within|||||||
|one year||||17|(134,488)||(77,776)|
|Ne't currerlt assets||||||3,'l29,206|3,049,559|
|Total assets less curmnt||liabilities||||11,671,408|11,990,113|
|Income funds||||||||
|Restncted
funds||||18||8,550|6,850|
|LLntgattigtgtUu~d||||||||
|Designated
funds|||||2,868,536||3,159,800|
|General unrestricted|funds||||8,794,322||8,823,463|
|||||||11,682,858|11,983,263|
|Tfi
fi
t|t|fifi|fi fit tfi|fi|11,671,408
t,Q 6/Q/~@X||11,990,113|
||||||Trustee|||
##
##
##
||||||2020||2019||
|---|---|---|---|---|---|---|---|---|
|||||Notes|8||||
|Cash flows from operating||activities|||||||
|Cash generated
from operations||||25||161,548||403,685|
|Investing|activities||||||||
|Purchase|oftangible fixed assets||||(299,635)||(74,311)||
|Proceeds|on disposal oftangible||fixed||||||
|assets|||||||1,971||
|Purchase|ofinvestment
property||||(3,121)||(7,590)||
|Proceeds|on disposal ofother investments||||(34,102)||(552,258)||
|Interest received|||||293,407||223,709||
|Net cash|used in investing|activities||||(43,451)||(408,477)|
|Net cash|used in financing|activities|||||||
|Net increasel(decrease)
in||cash|and|cash|||||
|equivalents||||||118,097||(4,792)|
|Cash and|cash equivalents|at beginning||ofyear||237,219||242,0'11|
|Cash and|cash equivalents|atend ofyear||||355,318||237,219|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Donations|and legacies|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|||
|||general||||
|||2020|2020|2020|2019|
|||8|8|8|5|
|Donations and gifls||53,100|1,700|54,800|40,987|
|Legacies receivable||338,907||338,907|306,085|
|Government|grants re: Covid-19 assistance|175,698||175,698||
|||567,705|1,700|569,405|347,072|
|Forthe year ended 31 December 2819||347,072|||347,072|
|Legacies receivable||||||
|Gill|||||110,601|
|Ram pton|||||112,418|
|Hodgson||172,286||172,286||
|Walker||10,306||10,306||
|Pehvorth||10,000||10,000||
|Cox||100,000||100,000||
|Other||46,315||46,315|83,066|
|||338,907||338,907|306,085|
##
||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||general|general|
||||2020f|2019
6|
|Fundraising|activities||1,019|6,545|
|Sale ofgoods - charity shops|||305,915|448,944|
|Sale ofgoods - rehoming||centre|2,123|4,153|
|Other trading|activities||309,058|459,642|
##
##
|5|investments|
|---|---|
||Rental income|
||Interest receivable|
|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|general|general|
|2020|2019|
|6|8|
|255,052|205,442|
|38,355|18,267|
|293,407|223,709|
##
##
##
|Raising funds|||
|---|---|---|
||2020|2019|
||8|6|
|Iuuligttf2tgttt|||
|Operating
charity shops|158,689|182,233|
|Staffcosts|151,153|158,652|
|Depreciation|9,162|8,475|
|Support costs|5,754|21,704|
|Trading costs|324,758|371,084|
|Investment
property costs|82,121|244,689|
||408,879|615,753|
##
##
##
|Charitable
a|cgviges||||
|---|---|---|---|---|
||||2020|2019|
||||8|8|
|Staff costs|||244,067|245,792|
|Depreciation|||38,826|21,845|
|Rates, water|and refuse||12,556|8,455|
|Light and heat|||15,734|23,495|
|Repairs and|renewals||4,607|6,965|
|Insurance|||1,581|1,596|
|Veterinary fees, drugs and food|||60,448|88,055|
|Training costs|||2,435|658|
|Consumablss|||2,345|2,093|
|Goods for resale/fundraising||costs|28,738|26,950|
||||411,337|425,904|
|Share ofsupport costs (ses nots 8)|||10,630|9,805|
|Share ofgovernance
costs||(sse note 8)|21,953|16,094|
||||443,920|451,803|
|Analysis by|fund||||
|Unrestricte|funds - general||443,920||
||||443,920||
|Forthe year|ended 31December 2019||||
|Unrestricted|funds - general|||451,803|
|||||451,803|
##
##
|8|Supportcosts|Supportcosts|||||
|---|---|---|---|---|---|---|
||||Support|Governance|2020|2019|
||||costs|costs|||
||||8|8|||
||Telephone||3,119||3,119|1,689|
||Miscellaneous
expenses||5,172||5,172|10,303|
||Motorexpenses||1,678||1,678|2,283|
||Fixed assets disposal|||||1,929|
||Disallowable
VAT||1,173||1,173|1,818|
||Auditors'|remuneration||12,000|12,000|10,525|
||Legal and|professional||15,195|15,195|19,056|
||||11,142|27,195|38,337|47,603|
||Analysed|behveen|||||
||Trading||512|5,242|5,754|21,704|
||Charitable|activities|10,630|21,953|32,583|25,899|
||||11,142|27,195|38,337|47,603|
##
##
##
##
##
|The average|monthly
number ofemployees
during|the year was:||
|---|---|---|---|
|||2020|2019|
|||Number|Number|
|Employees||32||
|Employment|costs|2020|2019|
|||5|5|
|Wages and salaries||351,642|378,373|
|Social security costs||39,463|26,071|
|Other pension|costs|4,115||
|||395,220|404,444|
##
|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||general|9eneral|
|||||2020|2019|
|||||6|E|
|Revaluation|of|investment|properties|(653,121)|191,410|
##
##
|12|Tangible fitted assets|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Pmehold|Leasehold|||Plant end|||Total|
|||||||||headings||land|and|equipment||||
||||||||||hulldlngs|||||||
||||||||||||6|||||
||Cost|||||||||||||||
||At I January 2020|||||||852,522||74,788||48,969|||974,279|
||Additions|||||||291,264|||-||8,371||299,635|
||At 31 December 2020||||||1,143,786|||74,788||55,340||1,273,914||
||Depmciatton
and impairment|||||||||||||||
||At 1 January 2020|||||||53,542||29,417||10,766|||93,725|
||Depreciation
charged|in the year||||||34,858||9,162|||3,967||47,987|
||At 31 December 2020|||||||88,400||38,579||14,733|||141,712|
||Carrying
amount|||||||||||||||
||At 31 December 2020||||||1,055,386|||36,209||40,607||1,132,202||
||At 31 December 2019|||||||798,980||45,371||36,203|||880,554|
|13|Investment
property|||||||||||||||
||||||||||||||||2020|
||||||||||||||||8|
||Fair value|||||||||||||||
||At 1 January 2020|||||||||||||8,060,000||
||Additions
through
external||acquisition||||||||||||3,121|
||Net gains or losses through||fair value adjustments|||||||||||f653,121)||
||At 31 December 2020|||||||||||||7,410,000||
||Investment
properly
comprisss a|||porffolio of residential|||and commercial|||properties||in|South-West||London.|
||The fair value of ths|investment||property|has been|arrived
at on|||the|basis of valuations||||carried|out by|
||Peter
N Dickin & Co|Chartered||Survsyors,|Knight|Frank LLP Chartered|||||Surveyors||and ASM Chartered|||
||Surveyors, each ofwhich are not|||connected|with the|charity. The valuations|||||were made on an open||||market|
||value basis by reference to||market evidence||oftransaction|||prices for similar|||properties.|||||
|14|Stocks|||||||||||||||
||||||||||||||2020||2019|
||||||||||||||8||8|
||Finished goods and goods||for resale||||||||||4,374||7,164|
##
##
##
|15|Debts m||||||
|---|---|---|---|---|---|---|
||Amounts
falling||due within one year.||2020f|2019f|
||Other debtors||||50,999|144,168|
||Prspayments|and|accrued income||215,973|135,854|
||||||266,972|280,022|
|16|Cunsnt asset investments||||||
||||||2020f|2019f|
||Cash equivalents||on deposit||2,837,032|2,602,930|
|17|Creditors: amounts|||falling due within one year|||
||||||2020f|2019f|
||Other taxation|and social security|||5,611|4,135|
||Trade creditors||||67,155|33,346|
||Accruals snd|deferred||income|61,722|40,295|
||||||134,488|77,776|
##
##
##
||||Salasce at|Transfers|Salasce at|Transfers|Salance at|
|---|---|---|---|---|---|---|---|
|||1|January 2010||1January 2020||21becembsr
2020|
||||6|6|5|6|6|
|Redevelopment|fund||2,500,000|659,800|3,159,800|(291,264)|2,868,536|
||||2,500,000|659,800|3,159,800|(291,264)|2,868,536|
##
##
|Analysis o|fnet assets between funds|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||Unrestricted|Designated|Restricted|Total|Unrestricted|Designated|Restricted|Total|
|||funds|funds|funds||funds|funds|funds||
|||2020
8|2820
8|2020
8|2020
8|2019|2019
8|2019f|2019
8|
|Fund balances at 31December 2020 are||||||||||
|represented|by:|||||||||
|Tangible assets||1,132,202|||1,132,202|880,554|||880,554|
|Investment|properaes|7,410,000|||7,410,000|8,060,000|||8,060,000|
|Current assets/(liabilities)||252,120|2,868,536|8,550|3,129,206|(117,091)|3,159,800|6,850|3,049,559|
|||8,794,322|2,868,536|8,550|11,671,408|8,823,463|3,159,800|6,850|11,990,113|
##
##
##
|
under non-cancellable
operating leases, which fall due|as follows:||
|---|---|---|
||2020f|2018f|
|Within one year|100,843|102,467|
|Between two and five years|110,500|184,333|
|In over five years||7,000|
||211,343|293,800|
##
##
##
##
##
|25|Cash generated
from|operations|operations||2020|2019|
|---|---|---|---|---|---|---|
||(Defidt)/surpus
for the|year|||(318,705)|177,309|
||Adjustments
for.||||||
||Investment
income recognised||in statement|offinancial acfivities|(293,407)|(223,709)|
||Fair value gains and losses on||invsstmsnt|properties|653,121|(191,410)|
||Depreciefion oftangible|fixed assets|||47,987|30,320|
||Movemsnts
in working|capital:|||||
||Decrease/(increase)
in|stocks|||2,790|(2,158)|
||Decrease in debtors||||13,050|608,537|
||Increase
in creditors||||56,712|4,796|
||Cash generated
from|operadons|||161,548|403.685|