|||Page|
|---|---|---|
|Reference and Administrative
Details||1 to 2|
|Chair man's Statement|||
|Report ofthe Trustees||4to8|
|Report ofthe Independent
Auditors||9to 11|
|Consolidated
Statement ofFinancial Activities||12|
|Consolidated
and Charity Statement of Financial|Position|13|
|Consolidated
Statement ofCash Flows||14|
|Notes to the Financial Statements||15to23|
|Trustees||J SWheatley
(Chairman)|J SWheatley
(Chairman)|J SWheatley
(Chairman)||||
|---|---|---|---|---|---|---|---|
|||Mrs C H Taylor||||||
|||P D Bamett||||||
|||Mrs G Wilyman
(resigned|||23"August 2022)|||
|||RJ Venner||||||
|||Ms C Powell||||||
|||Ms J P Laraway||||||
|||Mrs S Butler||||||
|||Mr A Whelan
(appointed 23" August 2022)||||||
|||Ms L Millard||||||
|||Mrs C Mawston||||||
|||Mrs N Ahmed||||||
|Patrons||Lord Mayor of Birmingham||||||
|||Chief Constable|ofWest Midlands||||Police|
|||Earl ofAylesford||||||
|||Mayor of Solihull
Victoria Vere Nicholl||(appointed||23"August 20220||
|Officers||SWynde (Treasurer)||||||
|||GWebber (Chief|Executive)|||||
|Registered|office|Catherine-de-Barnes||Lane||||
|||Catherine-de-Bames||||||
|||Solihull||||||
|||B92ODJ||||||
|Registered|company number|00662947||||||
|Registered|charity number|222436||||||
|Auditors||Haines Watts Birmingham|||LLP|||
|||5 - 6 Greenfield
Crescent||||||
|||Edgbaston||||||
|||Birmingham||||||
|||B153BE||||||
|Bankers||Lloyds Bank PLC||||||
|||9-11Poplar Road||||||
|||Solihull||||||
|||891 3AN||||||
|||Metro Bank pic||||||
|||One Southampton|Row|||||
|||London WC1B 5HA||||||
|Solicitors||Higgs and Sons||||||
|||3Waterfront
Business||Park||||
|||Brierley
Hill||||||
|||West Midlands||||||
|||DY5 1LX||||||
|Investment|managers|Investec||||||
|||30 Gresham
Street||||||
|||London||||||
|||EC2V 7QP||||||
|||CCLA Investment|Management|||Limited||
|||I Angel Lane||||||
|||London||||||
|||EC4R 3AB||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Consolidated|Statement of Financial Activities||||
|---|---|---|---|---|---|---|
|||Forthe|ear ended 31 December 2022||||
||||Unrestricted|Restricted|Total|Total|
|||Note|funds|fund|2022|2021|
|Income and endowments|from||||||
|Donations
and legacies|||2,031,657|295,750|2,327,407|1,329,856|
|Charitable
activities|||||||
|Re-homing
dogs|||243,767||243,767|276,442|
|Other trading
activities|||216,299||216,299|227,568|
|Investment
income|||244,300||244,300|231,177|
|Other income|||45,918||45,918|45,904|
|Total incoming resources|||2,781,941|295,750|3,077,691|2,110,947|
|Expenditure
on|||||||
|Raising funds|||706,208||706,208|335,952|
|Charitable
activities|||||||
|Re-homing
dogs|||2,067,233|295,750|2,362,983|2,333,328|
|Other expenditure||||||2,691|
|Total resources expended|||2,773,441|295,750|3,069,191|2,671,971|
|Net income/(expenditure)|before investment|(losses)l gains|8,500||8,500|(561,024)|
|Net (losses)/gains
on investment|||(1,207,196)||(1,207,196)|990,566|
|Net (expenditure)l
income|||(1,198,696)||(1,198,696)|429,542|
|Transfers
between
funds|||||||
|Net movement
in funds|||(1,198,696)||(1,198,696)|429,542|
|Funds brought
forward at|1January 2022||17,562,491||17,562,491|17,132,949|
|Funds carried forward at 31 December 2022|||16,363,795||16,363,795|17,562,491|
##
|||||Group|Charity|Group|Charity|
|---|---|---|---|---|---|---|---|
||||Note|2022|2022|2021|2021|
|||||f|E|6|E|
|Fixed Assets||||||||
|Tangible
fixed assets|||16|6,514,860|6,514,860|6,771,067|6,771,067|
|Investments|at market value||17|8,364,722|8,364,723|9,602,690|9,602,691|
|||||14,879,582|14,879,583|16,373,757|16,373,758|
|Current Assets||||||||
|Stock|||18|52,859|52,859|24,231|24,231|
|Debtors|||19|255,684|256,769|575,397|576,482|
|Cash at bank|and in hand|||1,456,357|1,456,023|811,948|811,917|
|||||1,764,900|1,765,651|1,411,576|1,412,630|
|Creditors: Amounts||falling due within||||||
|one year|||20|(280,687)|(281,439)|(222,842)|(223,897)|
|Total assets|less total liabilities|||16,363,795|16,363,795|17,562,491|17,562,491|
|Funds||||||||
|Unrestricted|funds|||||||
|General fund|||21|3,348,935|3,348,935|3,276,438|3,276,438|
|Designated
funds|||21|13,014,860|13,014,860|14,286,053|14,286,053|
|Restricted
funds|||21|||||
|||||16,363,795|16,363,795|17,562,491|17,562,491|
||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
|||||||Note|6|6|
|Cash flows from operating
activities:||||||26|758,751|(454,550)|
|Net cash provided
by (used in) operating||activities|||||758,751|(454,550)|
|Cash flows from investing
activities:|||||||||
|Purchase
oftangible
fixed assets|||||||(389,415)|(929,444)|
|Purchase
offixed asset investments|||||||(1,278,794)|(863,634)|
|Sale offixed asset investments|||||||1,309,567|895,068|
|Interest received|||||||244,300|231,177|
|Net cash provided
by (used in) investing||activities|||||(114,342)|(666,833)|
|Change
in cash and cash equivalents|in|the|reporting|period|||644,409|(1,121,383)|
|Cash and cash equivalents
at the beginning|||ofthe reporting||period||811,948|1,933,331|
|Cash and cash equivalents
at the end|of|the|reporting|period|||1,456,357|811,948|
##
|VAT|||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|VAT recoverable
by the Charity is shown
in debtors. The Birmingham|||||Dogs||Home Limited||||||and Birmingham||||||Dogs|Home (Trading)|||||Limited are|||part ofa|||
|VAT group.|||||||||||||||||||||||||||||||
|Fixed assets|||||||||||||||||||||||||||||||
|Fixed assets are included at cost or valuation,
items below|f500 will|||be normally|||||expensed|||||through|||the statement|||offinancial activities.|||||||||||
|Depreciation|||||||||||||||||||||||||||||||
|Depreciation
is provided
to write off the cost or valuation,||less estimated|||||residual|||values||||of all|fixed assets except freehold
land,|||||||||||over their|||expected||
|useful lives. It is calculated at the following rates:|||||||||||||||||||||||||||||||
|Buildings
- 5%ofthe cost per annum|||||||||||||||||||||||||||||||
|Fixtures and fittings
- 10%ofthe cost per annum|||||||||||||||||||||||||||||||
|Vehicles
- 25%ofthecostperannum|||||||||||||||||||||||||||||||
|Computer
equipment
- 33.33%ofthe cost per annum|||||||||||||||||||||||||||||||
|Assets in the course ofconstruction
are included
at cost. Depreciation|||||on these||||assets||is not charged|||||||until|they are brought||||into use.||||||||
|Stocks|||||||||||||||||||||||||||||||
|Stocks are valued at the lower ofcost or net realisable
value.|||Unsold|donated||||items||are||not||included.|||||||||||||||||
|Taxation|||||||||||||||||||||||||||||||
|The charity is exempt from corporation
tax on its charitable|activities.||||||||||||||||||||||||||||||
|Fund Accounting|||||||||||||||||||||||||||||||
|Unrestricted
funds are donations
and other income resources|||receivable|||or|generated||||for||the objects ofthe charity without||||||||||further|specified purpose||||||and|
|are available as general funds.|||||||||||||||||||||||||||||||
|Designated
funds are unrestricted
funds earmarked
by the|management|||||committee||||for|particular||||purposes.||||||||||||||||
|Restricted
funds are to be used for specific purposes as laid|||down
by the donor.||||||Expenditure|||||which|||meets||these criteria is||||charged||to the fund,||||together||
|with a fair allocation ofmanagement
and support costs.|||||||||||||||||||||||||||||||
|Pension costs and other post-retirement
benefits|||||||||||||||||||||||||||||||
|The charity operates a defined
contribution
pension scheme.|||The assets|||of|the||scheme|||are||held|separately||||from|those of|||the charity. The pension|||||||cost|
|charge represents
contributions
paid by the charity to the fund.|||||||||||||||||||||||||||||||
|Hire purchase
and leasing commitments|||||||||||||||||||||||||||||||
|Rentals applicable
to operating
leases where substantially|all of the benefits|||||||and risks|||of ownership||||||remain||with the lessor are charged||||||||against||income||
|on a straight
line basis over the period ofthe lease.|||||||||||||||||||||||||||||||
|Debtors and creditors receivable/payable
within one year|||||||||||||||||||||||||||||||
|Debtors and creditors
with no stated interest
rate and receivable
or payable||||||||within||one||year are|||recorded||||at transaction|||price. Any||||losses arising||||from|
|impairment
are recognised
in expenditure.|||||||||||||||||||||||||||||||
|Critical accounting
judgements
and key sources ofestimation
uncertainty|||||||||||||||||||||||||||||||
|In the application
of the accounting
policies, trustees
are required
to make|||||||judgement,|||||estimates||||and assumptions
about|||||||the carrying||||value|ofassets|||
|and liabilities
that are not readily apparent
from other sources. The estimates||||||||and underlying||||||assumptions|||||are based on historical||||||experience|||and other|||
|factors that are considered
to be relevant.
Actual results
may|||differ from||these|||estimates.|||||||||||||||||||||||
|The estimates
and underlying
assumptions
are reviewed
on||an on-going||||basis. Revisions|||||||to|accounting||||estimates||are recognised|||||in|the|period||in which||
|the estimate is revised
ifthe revision affects only that period|or in the||||||||||||||||||||||||||||||
|Judgements
made by the Trustees
in the application
ofthese|||accounting|||policies that have|||||||a significant|||||effect on the financial statements|||||||||and estimates||||
|with a significant
risk of material
misstatement
in the next|year, are deemed|||||||to|be|in relation to the|||||||depreciation|||rates|of|tangible|||fixed||assets||and|are|
|discussed
above.|||||||||||||||||||||||||||||||
|The areas where these judgements
and estimates
have been|||made include the following|||||||||for||the group:|||||||||||||||||
|a) Depreciation
and residual values|||||||||||||||||||||||||||||||
|The Trustees
have reviewed
the asset lives and associated||residual||values|||of all tangible||||||fixed asset|||||classes, and have concluded||||||||that|the asset|||lives|
|and residual values are appropriate.|||||||||||||||||||||||||||||||
|b) Accrued income|||||||||||||||||||||||||||||||
|Accrued income includes legacy income amounts.
In recognising
accrued||||||legacy|||income,|||the||Trustees||||have|considered||the||probability|||of|receiving each||||
|legacy. Each legacy is assessed to determine
an appropriate|||allowance||which|||reflects the||||possibility||||of||not subsequently|||receiving|||the||full|income||||
|amounts.|||||||||||||||||||||||||||||||
##
|||||||||||||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||||||2022|2021|
|||||||||||||||||||6|6|
||Donations|||||||||||||||||717,955|399,808|
||Donated assets|||||||||||||||||50,000||
||Legacies|||||||||||||||||1,559,452|930,048|
|||||||||||||||||||2,327,407|1,329,856|
||Included
in donations|||||above|||is 6295,570 (2021:650,000)ofrestricted||||||donations.|||||
|3|Other trading|||activities||||||||||||||||
|||||||||||||||||||Total|Total|
|||||||||||||||||||2022|2021|
|||||||||||||||||||6||
||Fundraising||events|||||||||||||||50,016|123,498|
||Shop income|||||||||||||||||3,245|1,677|
||Income of|Trading|||subsidiary||||(see|note|7)|||||||163,038|102,393|
|||||||||||||||||||216,299|227,568|
|4|Investment||income|||||||||||||||||
|||||||||||||||||||Total|Total|
|||||||||||||||||||2022|2021|
|||||||||||||||||||6||
||Deposit account interest|||||||||||||||||3,482|351|
||Dividends|and||interest|||from listed investments|||||||||||240,818|230,826|
|||||||||||||||||||244,300|231,177|
|5|Income from|||charitable||||activities||||||||||||
|||||||||||||||||||Total|Total|
||||||||||||Activity|||||||2022f|2021|
||Income from||general|||public|||||Re-homing|||dogs||||138,200|102,555|
||Local authority|||contracts|||||||Re-homing|||dogs||||105,305|72,319|
||Government||grants|||||||||||||||262|101,568|
|||||||||||||||||||243,767|276,442|
|6|Other income|||||||||||||||||||
|||||||||||||||||||Total|Total|
|||||||||||||||||||2022|2021|
|||||||||||||||||||6||
||Pet plan commission|||||received||||||||||||43,601|43,012|
||Miscellaneous|||income||||||||||||||198|1,109|
||Feed in tariff|||||||||||||||||2,119|1,783|
|||||||||||||||||||45,918|45,904|
||Turnover|||||||||||||||||||
|7|Trading company|||||||||||||||||||
||The wholly|owned trading||||||subsidiary||Birmingham||Dogs||Home (Trading)|Limited is incorporated|in the United|Kingdom|(company
number|11689015)and|
||pays profits,|which are surplus|||||||to trading||requirements,|||to the charity under a deed ofcovenant.||||||
||The summary|||financial|||performance|||ofthe subsidiary|||is:|||||||
|||||||||||||||||||2022|2021|
|||||||||||||||||||6|6|
|||||||||||||||||||163,038|102,393|
||Cost ofsales|||||||||||||||||||
||Gross profit|||||||||||||||||||
|||||||||||||||||||163,038|102,393|
||Administrative|||expenses||||||||||||||(112,915)|(89,203)|
||Operating
Profit|||||||||||||||||50,123|13,190|
||Taxation|||||||||||||||||||
||Profit before distribution|||||||||||||||||50,123|13,190|
|8|Raising funds|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Total|Total|
|||||||||2022f|2021|
||Staff costs|||||||282,064|118,896|
||Veterinary costs|||||||133,178|25,424|
||Investment
manager|fees||||||30,022|31,870|
||Publicity|||||||88,647|64,068|
||Show costs|||||||49,014|25,397|
||Office expenses and|administrative||support||||54,212|60,601|
||Vehicle costs|||||||3,286|4,699|
||Depreciation|||||||65,785|4,997|
|||||||||706,208|335,952|
|g|Charitable
activity costs|||||||||
|||||||Direct costs||Support costs|Totals|
|||||||(see note|10)
F|(see note 11)
6|f|
||Charitable
activities|||||2,325,110||37,873|2,362,983|
|10|Direct costs ofcharitable||activities|||||||
|||||||||Total|Total|
|||||||||2022|2021|
|||||||||6|6|
||Staff costs|||||||1,252,730|1,161,206|
||Sundries|||||||33,032|33,143|
||Yard and veterinary
expenses|||||||195,268|307,834|
||Office expenses|||||||83,566|72,885|
||Rates and insurance|||||||56,294|54,056|
||Light, heat and water|||||||73,055|73,362|
||Van costs|||||||11,612|10,283|
||Repairs and renewals|||||||45,670|28,829|
||Depreciation|||||||573,883|573,361|
|||||||||2,325,110|2,314,959|
|11|Support costs|||||||||
||Governance costs|||||||2022
6|2021f|
||Auditors'
remuneration|||||||13,500|10,792|
||Auditors'
remuneration|for non audit work||||||2,650|2,500|
||Legal and professional|fees||||||17,207|2,802|
||AGM, annual
report and meeting costs|||||||4,516|2,275|
|||||||||37,873|18,369|
|12|Net income/(expenditure)|||||||||
||Net (expenditure)/
income is stated after charging/(crediting):|||||||||
|||||||||2022|2021f|
||Fees payable to chaiity's auditors to the audit ofthe financial||||statements|||13,500|12,450|
||Profit on disposal offixed assets|||||||300||
||Auditors'
remuneration|for non audit work||||||2,650|2,500|
||Depreciation
-owned|assets||||||573,883|573,361|
##
|13|Consolidated
Statement|Consolidated
Statement|ofFinancial Activities|ofFinancial Activities|ofFinancial Activities|ofFinancial Activities|ofFinancial Activities|ofFinancial Activities|2021|2021|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||Unrestricted|Restricted|Total|
|||||||||||||funds|fund|2021|
|||||||||||||E|6|6|
||Income and endowments|||from|||||||||||
||Donations
and legacies|||||||||||1,279,856|50,000|1,329,856|
||Charitable
activities||||||||||||||
||Re-homing
dogs|||||||||||276,442||276,442|
||Other trading
activities|||||||||||227,568||227,568|
||Investment
income|||||||||||231,177||231,177|
||Other income|||||||||||45,904||45,904|
||Total incoming
resources|||||||||||2,060,947|50,000|2,110,947|
||Expenditure
on||||||||||||||
||Raising funds|||||||||||335,952||335,952|
||Charitable
activities||||||||||||||
||Re-homing
dogs|||||||||||2,283,328|50,000|2,333,328|
||Otherexpenditure|||||||||||2,691||2,691|
||Total resources expended|||||||||||2,621,971|50,000|2,671,971|
||Net (expenditure)/income|||before investment||||gains/(losses)||||(561,024)||(561,024)|
||Net gains/ (losses) on investment|||||||||||990,566||990,566|
||Net income|||||||||||429,542||429,542|
||Transfers
between
funds||||||||||||||
||Net movement
in funds|||||||||||429,542||429,542|
||Funds brought
forward|at||1January||2021||||||17,132,949||17,132,949|
||Funds carried forward|at 31December 2021||||||||||17,562,491||17,562,491|
|14|Trustees'
remuneration||and benefits||||||||||||
||There were no trustees'|remuneration||||or other||benefits for the year ended||||31 December 2022 nor the year ended 31 December 2021.|||
||Trustees' expenses||||||||||||||
||There were no trustees'|expenses
paid||||for|the year|||ended 31 December 2022 nor for the year ended 31 December 2021.|||||
|15|Staff costs||||||||||||||
||||||||||||||2022
6|2021f|
||Wages and salaries||||||||||||1,363,885|1,153,151|
||Social security costs||||||||||||94,456|66,170|
||Other pension costs||||||||||||76,453|60,781|
||||||||||||||1,534,794|1,280,102|
||The average
monthly
number ofemployees||||||during||the year was as follows:||||||
||||||||||||||2022
6|2021f|
||Direct charitable
expenditure||||||||||||55|50|
||Fundraising
and publicity||||||||||||3|3|
||Management
and administration||||ofcharity||||||||4|3|
||||||||||||||62|56|
||The number ofemployees||whose||employee||benefits|||(excluding|employers|pension costs) exceeded 660,000was:|||
||||||||||||||2022
R|2021f|
||690000 - F100,000||||||||||||1|1|
##
##
|~Grou||||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Freehold||Fixtures &||Motor||
|||||propertyf||equipmentf||vehiclesf|Total|
|Cost||||||||||
|Asat1 January2022||||10,218,226||1,535,892||79,156|11,833,274|
|Additions||||266,072|||123,343||389,415|
|Disposals||||||||(5,000)|(5,000)|
|As at 31 December 2022||||10,484,298||1,659,235||74,156|12,217,689|
|Depreciation||||||||||
|As at 1 January 2022||||4,032,173|||950,878|79,156|5,062,207|
|Charge for the period||||487,936|||157,686||645,622|
|Elimninated
on disposal||||||||(5,000)|(5,000)|
|As at 31 December 2022||||4,520,109||1,108,564||74,156|5,702,829|
|Net book value||||||||||
|As at 31December 2022||||5,964,189|||550,671||6,514,860|
|As at 31 December 2021||||6,186,053|||585,014||6,771,067|
|Charity||||||||||
|||||Freehold||Fixtures &||Motor||
|||||propertyf||equipmentf||vehiclesf|Total|
|Cost||||||||||
|As at 1 January 2022||||10,218,226||1,535,892||79,156|11,833,274|
|Additions||||266,072|||123,343||389,415|
|Disposals||||||||(5,000)|(5,000)|
|As at 31 December 2022||||10,484,298||1,659,235||74,156|12,217,689|
|Depreciation||||||||||
|As at 1 January 2022||||4,032,173|||950,878|79,156|5,062,207|
|Charge for the period||||487,936|||157,686||645,622|
|Elimninated
on disposal||||||||(5,000)|(5,000)|
|As at 31 December 2022||||4,520,109||1,108,564||74,156|5,702,829|
|Net book value||||||||||
|As at 31 December 2022||||5,964,189|||550,671||6,514,860|
|As at 31 December 2021||||6,186,053|||585,014||6,771,067|
|The net book value as at 31 December 2022 represents|||fixed assets used for direct charitable|||purposes|.|||
|Freehold
property
includes|f375,257 for the costs of land, which|||is not depreciated.||||||
|Freehold
property also includes fnil||ofassets under construction,||which are not depreciated|until bought||into use.|||
|Fixed asset investments||||||||||
|~Grou||||||||||
|||||||||Listed sharesf|Totals
f|
|Market value at 1 January||||||||9,602,691|9,602,691|
|Additions at cost||||||||1,278,794|1,278,794|
|Disposals at opening
book|value|||||||(1,309,567)|(1,309,567)|
|Realised (losses)||||||||(145,713)|(145,713)|
|Net unrealised
investment|gains|||||||(1,061,483)|(1,061,483)|
|||||||||8,364,722|8,364,722|
|The market value of investments||as at 31December|2022 can|be analysed as:||||2022|2021f|
|Investment
assets in the UK||||||||5,894,201|7,043,671|
|Investment
assets outside|the UK|||||||2,470,521|2,559,019|
|||||||||8,364,722|9,602,690|
|Fixed asset investments
-contin|ued|||||||
|---|---|---|---|---|---|---|---|
|The market value of investments|is made up|of:||||2022f|2021f|
|Listed investments||||||8,313,889|9,577,272|
|Cash||||||50,833|25,418|
|||||||8,364,722|9,602,690|
|Charity||||||||
|In addition to the above managed|investments,|the Charity holds the following|investments|in subsidiary|undertakings:|||
|||||||2022f|2021
f|
|Birmingham
Dogs Home (Trading)|Limited|||||1|1|
||In addition to the above managed|In addition to the above managed|In addition to the above managed|In addition to the above managed|In addition to the above managed|In addition to the above managed|investments,
the|Charity holds|the following|investments
in|subsidiary
undertaki|ngs:
2022f|2021
f|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Birmingham
Dogs Home (Trading)||||||Limited|||||1||
||The above investment|||represents|||a 100%holding ofthe issued share capital|||of Birmingham|Dogs Home Trading|Limited, a subsidiary|undertaking|
||which was incorporated|||on 21|November 2018and commenced||||to trade on 1 October 2019.|||||
|18|Stocks|||||||||||||
|||||||||||Group|Charity|Group|Charity|
|||||||||||2022|2022f|2021f|2021
F|
||Goods for resale|||||||||52,859|52,859|24,231|24,231|
|||||||||||52,859|52,859|24,231|24,231|
|19|Debtors|||||||||||||
|||||||||||Group|Charity|Group|Charity|
|||||||||||2022f|2022f|2021|2021f|
||Trade debtors|||||||||10,279|11,364|7,609|8,694|
||Prepayments|and accrued income||||||||166,229|166,229|464,629|464,629|
||Other debtors|||||||||250|250|250|250|
||Amounts
owed to group undertakings|||||||||||||
||VAT recoverable|||||||||78,926|78,926|102,909|102,909|
|||||||||||255,684|256,769|575,397|576,482|
|20|Creditors: amounts||falling due|||within one year||||||||
|||||||||||Group|Charity|Group|Charity|
|||||||||||2022|2022|2021f|2021f|
||Trade creditors|||||||||183,645|183,645|135,528|135,513|
||Social security|and other taxes||||||||35,207|35,207|31,381|31,381|
||Other creditors|||||||||25,892|25,892|24,697|24,697|
||Amounts
owed|by group undertakings|||||||||3,252||3,571|
||Accruals and deferred|||income||||||35,943|33,443|31,236|28,735|
|||||||||||280,687|281,439|222,842|223,897|
|21|Movement
in|funds||||||||||||
||~Grou|||||||||||||
|||||||Opening||Incoming||Outgoing|Investment||Closing|
||||||||balancef|resourcesf||resourcesf|gainsf|Transfers|balancef|
||General fund|||||3,276,438||2,781,941||(2,127,819)|(1,207,196)|625,571|3,348,935|
||Designated
funds:|||||||||||||
||Property fund||||6,186,053|||||(645,622)||974,429|6,514,860|
||Development
fund||||8,100,000|||||||(1,600,000)|6,500,000|
||||||14,286,053|||||(645,622)||(625,571)|13,014,860|
||Restricted funds|||||||||||||
||Pets At Home|||||||295,750||(295,750)||||
||Total Restricted|||||||||||||
||funds|||||||295,750||(295,750)||||
||Total Funds||||17,562,491|||3,077,691||(3,069,191)|(1,207,196)||16,363,795|
##
##
||The development
fund h|as been|set aside to co|ver the cost ofthe future development
plans.||||
|---|---|---|---|---|---|---|---|
|22|Analysis ofnet assets|between|funds|||||
|||||General|Restrictedf|Designatedf|Totalf|
||Tangible
fixed assets|||||6,514,860|6,514,860|
||Fixed asset investments|||3,764,722||4,600,000|8,364,722|
||Net current (liabilities)l assets|||(415,787)||1,900,000|1,484,213|
||Balance as at 31 December 2022|||3,348,935||13,014,860|16,363,795|
|23|Leasing agreements|||||||
||Minimum
lease payments|under|non-cancellable|operating leases fall due as follows;||||
|||||Group|Charity|Group|Charity|
|||||2022f|2022f|2021f|2021f|
||Within one year|||2,016|2,016|2,016|2,016|
||Between one and five years|||6,552|6,552|6,048|6,048|
||Greater than five years|||||2,520|2,520|
|||||8,568|8,568|10,584|10,584|
##
##
##
##
|26|Reconciliation
ofnet income|Reconciliation
ofnet income|to net cash|flow from operating|flow from operating|activ/ties||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
|||||||||6|E|
||Net Income for the|reporting|period (as per the statement||of|financial activities):||(1,198,696)|429,542|
||Adjustments
for:|||||||||
||Depreciation
charges|||||||645,622|568,951|
||Losses/(gains)
on investments|||||||145,713|(41,537)|
||Interest received|||||||(244,300)|(231,177)|
||Unrealised
loss/ (gain) on investments|||||||1,061,483|(949,029)|
||(Decrease)/ Increase|in stocks||||||(28,628)|1,284|
||Decrease/ (increase)|in debtors||||||320,798|(294,169)|
||Increase
in creditors|||||||56,759|61,585|
||Net cash provided
by (used in) operating|||activities||||758,751|(454,550)|
|27|Analysis ofchanges|in net funds||||||||
||||||||At 1/1/2022|Cash flow|At 31/12/2022|
||Net cash|||||||||
||Cash at bank||||||811,948|644,409|1,456,357|
||Total||||||811,948|644,409|1,456,357|