2021-12-31-accounts

				Page
Reference and administrative		details ofthe Charity,	its Trustees and advisers
Trustees' report				2-6
Independent auditors'	report	on the financial statements		7-9
Statement offinancial	activities			10
Balance sheet
Notes to the financial	statements			12-27

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS	REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS	REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS	REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS	REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS	REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS	REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS	REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS
FOR THE	YEAR ENDED		31 DECEMBER	2021
Trustees			William Richards		M.A.
			Crispin Salimbeni		M.A., Chairman		8 Treasurer
			Dr. John Knight	B.Vet.Med. M.R.C.V.S
			Alison Richards
			Catherine Pugsley		B.A.
			Dr. Malcolm Holliday			Med. Vet. M.R.C.V.S.
			Dr. Mario Pampanini			M.A. Vet MB	M.R.C.V.S.(resigned 15December 2021)
			Susan Tenison-Collins
Company	registered
number			00335703
Charity registered
number			208530
Registered		office	6th Floor
			2 London Wall Place
			London
			EC2Y 5AU
Company	secretary		Andy Geddes
Independent		auditors	MHA Maclntyre	Hudson
			Chartered Accountants
			2 London Wall Place
			London
			EC2Y 5AU
Bankers			C. Hoare 8 Co.
			37 Fleet Street
			London
			EC4P 4DQ
Solicitors			A. Lutley
			Springfield
			Rookery Hill
			Ashtead Park
			KT21 1HY
Investment		managers	J.M.Finn 8 Co
			60Abbeygate Street
			Bury St Edmunds
			Suffolk
			IP33 1LB

				Unrestricted	Total	Total
				funds	funds	funds
			Note	2021f	2021	2020
Income from:
Donations and legacies				155,226	155,226	287,551
Investments				54,532	54,532	50,105
Total income				209,758	209,758	337,656
Expenditure on:
Raising funds			5,6	89,063	89,063	84,577
Charitable activities			7	225,858	225,858	214,456
Total expenditure				314,921	314,921	299,033
Net (expenditure)/income		before net gains/(losses)
on investments				(105,163)	(105,163)	38,623
Net gains/(losses)	on investments		14	246,240	246,240	(128,446)
Net movement in	funds			141,077	141,077	(89,823)
Reconciliation of	funds:
Total funds brought	forward			2,097,868	2,097,868	2, /87,691
Net movement in funds				141,077	141,077	(89,823)
Total funds carried forward			17	2,238,945	2,238,945	2,097,868

	Unrestricted	Total	Total
	funds	funds	funds
	2021	2021	2020f
Donations	73,446	73,446	58,230
Legacies	81,780	81,780	229,321
	155,226	155,226	287,55'I
Total 2020	287,551	287,551

		Unrestricted	Total	Total
		funds	funds	funds
		2021	2021	2020
Investment	income from listed investments	54,525	54,525	50,102
Bank interest receivable		7	7	3
		54,532	54,532	50,105
Total2020		50,105	50,105

			Unrestricted	Total	Total
			funds	funds	funds
			2021f	2021	2020
Light 8	heat		967	967	345
Telephone		and postage	3,965	3,965	3,734
Printing	and	stationary	4,663	4,663	4,370
Publicity			6,091	6,091	6,896
Staff costs			62,397	62,397	59,220
			78,083	78,083	74,565

			Unrestricted	Total	Total
			funds	funds	funds
			2021	2021	2020
			'E
Investment	management	fees	10,980	10,980	10,012

			Grant
			funding of	Support	Total
			activities	costs	funds
			2021 Z	2021f	2021
Refuges	for cats and dogs		97,236	47,814	145,050
Bird and	wildlife conservation		20,002	9,838	29,840
Birth control campaign			15,004	7,377	22,381
Campaign	against cruelty		16,652	8,185	24,837
Equipping	surgeries and provision	of medicines	2,513	1,237	3,750
			151,407	74,451	225,858

		Grant
		funding of	Support	Total
		activities	costs	funds
		2020	2020	2020
Refuges	for cats and dogs	98,782	35,929	134,711
Bird and	wildlife conservation	20,502	7,457	27,959
Birth control campaign		/9,504	7,094	26,598
Campaign	against cruelty	18,001	6,547	24,548
Education	and Conferences	469	171	640
		157,258	57,198	214,456

						Equipping
			Bird and			surgeries
		Refuges for	wildlife	Birth	Campaign	and
		cats and	conservatio	control	against	provision of
		dogs	n	campaign	cruelty	medicines
		2021	2021	2021	2021	2021
Staff costs		9,247	1,902	1,427	1,583	239
Office rent		5,49?	1,131	848	941	142
Italy inspections		668	138	103	114	17
Governance	costs	32,402	6,667	4,999	5,547	839
		47,814	9,838	7,377	8,185	1,237

		Education
		and	Total
		Conferences	funds
		2021f	2021
Staff costs			14,398
Office rent			8,559
Italy inspections			1,040
Governance	costs		50,454
			74,451

						Equipping
						surgeries
		Refuges for	Bird and		Campaign	and
		cats and	wildlife	Birth control	against	provision oi
		dogs	conservation	campaign	cruelty	medicines
		2020	2020	2020	2020	2020
Staff costs		8,654	1,796	1,709	1,578
Office rent		5,354	1,11/	1,057	975
Governance	costs	21,921	4,550	4,328	3,994
		35,929	7,457	7,094	6,547

		Education
		and	Total
		Conferences	funds
		2020	2020
Staff costs		41	13,778
Office rent		25	8,522
Governance	costs	105	34,898
		'I71	57,198

Governance c	osts
			2021	2020
Audit fees			6,660	6,065
Legal and professional		fees	1,094	1,240
Representations	and	travel	1,683	1,581
Accountancy			5,045	4,485
Payroll			1,248	865
Office equipment	maintenance		145	243
Depreciation			33	50
Insurance			307	298
Office rent			2,140	2,131
Exchange loss/	(gain)		12,479	(610)
Bank charges			421	180
Staff costs			19,199	'/8,370
			50,454	34,898

Auditors' remuneration
					2021	2020
Fees payable to the Charity's	auditor	for	the audit ofthe Charity's	annual
accounts					6,660	6,065
Fees payable to the Charity's	auditor	in	respect of:
All other non-audit services not included			above		6,293	5,35/

Grants paid to insti	tutio	ns
					2021	2020
Associazione "Gli aMici di Mariella"					6,733	7,000
Association Animal Welfare					7,836	8,000
The Anglo-Venetian	Group		for the Protection ofStray Animals		8,820	9,000
Liberi di Volare					5,500	5,500
Associazione Mici Felici					3,500	4,000
Associazione Protezione		Animali			3,000	4,000
Gatti Mammoni					6,500	6,500
Blue Conservancy					2,500	2,000
Cats Onlus					3,000	1,000
Careggi Cat Colony					6,446	6,000
Canile di Scandicci					4,000	4,000
Ente Nazionale Protezione			Animali		2,061	2,000
EDIGA					9,502	9,000
Little Friends					500	1,000
II Graffio					4,000	4,000
Italian Horse Protection Association					16,654	18,000
Lega Nazionale per la Difesa				del Cane	7,000	7,000
Lega Italiana dei Dritti dell		Animale			9,106	10,250
Lega Pro Animale					11,926	15,000
The Fido and Neighbourhood				Assocation	3,500	4,000
LIPU UK					4,000	5,000
Dr Maira Sgueglia					3,000	3,000
Salviamo I'Orso					8,000	8,000
Breda Sterle					1,000	1,500
Torre Argentina Sanctuary					10,810	12,000
Worldwide Veterinary	Service				2,513
Other grants						508
					151,407	157,258

2021	2020
No.	No,

	Office
	equipmentf
Cost or valuation
At 1 January 2021	11,648
At 31 December 2021	11,648
Depreciation
At 1 January 2021	11,549
Charge for the year	33
At 31 December 2021	11,582
Net book value
At 31 December 2021	66
At 31December 2020	99

				Listed
				investments
Cost or valuation
At 1 January	2021			1,655,315
Additions				40,521
Disposais				(75,986)
Revaluations				246,240
At 31 December 2021				1,866,090
Net book value
At 31 December 2021				1,866,090
At 31December 2020				1,655,315
Debtors
			2021	2020
Due within one year
Other debtors			6,717	7,504
Prepayments	and accrued income		40,337	222,977
			47,054	230,481
Creditors: Amounts		falling due within one year
			2021	2020
Accruais			10,748	9,507

Stateme	nt o	ffunds -cur	rent year
							Balance at
			Balance at 1				31
			January			Gains/	December
			2021 Z	Income	Expendituref	(Losses)	2021
Unrestricted		funds
General	Funds		2,097,868	209,758	(314,921)	246,240	2,238,945

						Balance at
		Balance af				31
		1January			Gains(	December
		2020	Income	Expenditure	(Losses)	2020
Unrestricted	funds
General Funds		2,187,691	337,656	(299,033)	(128,446)	2,097,868

Analysis of net assets between funds - current ye	ar
	Unrestricted	Total
	funds	funds
	2021	2021
	K
Tangible fixed assets	66	66
Fixed asset investments	1,866,090	1,866,090
Current assets	383,537	383,537
Creditors due within one year	(10,748)	(10,748)
Total	2,238,945	2,238,945

Analysis of net assets between funds - prior year
	Unrestricted	Total
	funds	funds
	2020	2020
Tangible fixed assets	99	99
Fixed asset investments	1,655,315	1,655,315
Current assets	451,961	451,961
Creditors due within one year	(9,507)	(9,507)
	2,097,868	2,097,868