OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

Page
Reference and Administrative
Details
Report ofthe Trustees 2 to 5
Independent
Examiner's		 Report
Statement of Financial Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow Statement 10
Notes to the Financial Statements 11 to 19

2021 2020
Unrestricted Restricted Total Total
funds funds funds funds
Notes 6 f 6 6
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 467,958 467,958 586,529
Charitable
activities
Animal
welfare centre		 96,594 96,594 91,172
Other trading
activities		 280,589 280,589 187,523
Investment
income		 6 6 330
Other income 2,287 2,287 170
Total 847,434 847,434 865,724
EXPENDITURE ON
Raising funds
Other trading
activities		 6 307,606 307,606 339,155
307,606 307,606 339,155
Charitable
activities
Animal
welfare centre		 538,857 538,857 503,163
Total 846,463 846,463 842,318
Net gains on investments 41,266 41,266 48,931
NET INCOME 42,237 42,237 72,337
RECONCILIATION
OF FUNDS
Total funds brought
forward		 1,196,863 1,196,863 1,124,526
TOTAL FUNDS CARRIED FORWARD 1,239,100 1,239,100 1,196,863

31 Dec ember 2021
2021 2020
Unrestricted Restricted Total Tatal
funds funds funds funds
Nates 6 6 E
FIXEDASSETS
Tangible assets
investments		 13
14		 453,090
458,224		 453,090
458,224		 464,385
420,092
911,314 911,314 884,477
CURRENT ASSETS
Stocks 15 9,296 9,296 6,984
Debtors 16 44,091 44,091 22,227
Cash at bank and in hand 297,260 297,260 301,672
350,647 350,6/I7 33Q,883
CREDITORS
Amounts falling due within ane year 17 (22,861) (22,861 ) (18,497)
NET CURRENT ASSETS 327,786 327,786 312,386
TOTAL ASSETSLESSCURRENT LIABILITIES 1,239,100 1,239,100 1,196,863
NET ASSETS 1,239,100 1,239,100 1,196,863
FUNDS 19
Unrestricted
funds		 1,239,100 1,196,863
TOTAI. FUNDS 1,239,10Q 1,196,863

Cash Flow Statement
for the Year Ended 31 December 2021
Notes 2021f 2020
8
Cash flows from operating activities
Cash generated
from operations		 38,758 72,646
Interest paid (13,699) (10,619)
Net cash provided
by operating
activities		 25,059 62,027
Cash flows from investing activities
Purchase oftangible
fixed assets		 (32,611) (23,150)
Purchase offixed asset investments
Sale offixed asset investments		 3,134 (375,151)
216,176
Interest received 6 29
Net cash used
in investing
activities		 (29,471) (182,096)
Change
in cash and cash		 equivalents in
the reporting
period		 (4,412) (120,069)
Cash and cash equivalents at the
beginning
ofthe reporting		 period 301,672 421,741
Cash and cash equivalents at the end of
the reporting
period		 297,260 301,672

Notes to the Cash Flow Statement
for the Year Ended 31 December 2021		 Notes to the Cash Flow Statement
for the Year Ended 31 December 2021		 Notes to the Cash Flow Statement
for the Year Ended 31 December 2021
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2021 2020
F
Net income for the reporting period (as per the Statement of Financial
Activities) 42,237 72,337
Adjustments
for:
Depreciation
charges		 43,906 41,936
Gain on investments (41,266) (48,931)
Interest recewed (6) (29)
Interest
paid		 13,699 10,619
(Increase)/decrease in stocks (2,312) 8,745
(Increase)/decrease in debtors (21,864) 6,035
Increase/(decrease) in creditors 4,364 (18,066)
Net cash provided by operations 38,758 72,646
ANALYSIS OF CHANGES IN NET FUNDS
At 1.1.21 Cash flow At 31.12.21
f
Net cash
Cash at bank and in hand 301,672 (4,412) 297,260
301,672 (4,412) 297,260
Total 301,672 (4,412) 297,260

2021 2020f
Donations 133,976 65,266
Gift aid 20,811 30,021
Legacies 154,675 229,247
Grants 140,435 243,827
Pet plan income 18,061 18,168
467,958 586,529
Grants received, included in the above, are as follows:
2021f 2020
RSPCA grants 24,134 25,173
Business Support Grants 77,008 134,336
Furlough 39,293 79,318
Other grants 5,000
140,435 243,827
OTHER TRADING ACTIVITIES
2021f 2020f
Fundraising events 7,088 2,757
Shop income 266,583 178,710
Membership subscnptions 488 1,118
Recycling
income		 6,430 4,938
280,589 187,523
4. INVESTMENT INCOME
2021f 2020
F
Dividends
received		 301
Interest received 29
330
INCOME FROM CHARITABLE ACTIVITIES
2021 2020
Activity
Neutering Animal welfare centre 75 3,478
Adoption Animal welfare centre 88,678 83,326
Other animal treatments Animal welfare centre 2,561 1,015
Chipping Animal welfare centre 3,903 1,591
Advertising hoarding income Animal welfare centre 1,250 1,500
Clinical waste Animal welfare centre 127 262
96,594 91,172

OTHER TRADING ACTIVITIES
2021 2020f
Purchases 9,783 24,565
Staff costs 179,282 188,580
Shop rent 67,644 75,358
Rates and water 8,250 7,242
Insurance 1,753 1,271
Light and heat 4,907 7,765
Telephone 3,353 3,003
Postage and stationery 858 340
Equipment
hire		 1,955 1,565
Repairs and renewals 9,704 9,864
Sundries 5,252 4,098
Professional fees 5,503 7,943
Interest payable and similar charges 9,362 7,561
307,606 339,155
CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs
f		 note 8)
f		 Totalsf
Animal welfare centre 485,022 53,835 538,857
SUPPORT COSTS
Governance
Management
f		 costs
f		 Totals
f
Animal welfare centre 51,835 2,000 53,835

2021f 2020f
Wages and salaries 489,341 485,563
Social security costs 17,005 21,218
Other pension costs 7,440 7,232
513,786 514,013

STAFF COSTS - continued
The average
monthly
number of		 employees during the year was as follows:
2021 2020
Charitable
activities		 16 23
Generating
funds		 14 8
Management
and administrative		 5 5
35 36
No employees
received emoluments		 in excess of660,000.
COMPARATIVES
FOR THE STATEMENT		 OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
f f
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 586,529 586,529
Charitable
activities
Animal
welfare centre		 91,172 91,172
Other trading
activities		 187,523 187,523
Investment
income		 330 330
Other income 170 170
Total 865,724 865,724
EXPENDITURE ON
Raising funds
Other trading
activities		 339,155 339,155
339,155 339,155
Charitable
activities
Animal welfare centre 503,163 503,163
Total 842,318 842,318
Net gains on investments 48,931 48,931
NET INCOME 72,337 72,337
RECONCILIATION
OF FUNDS
Total funds brought forward 1,124,526 1,124,526
TOTAL FUNDS CARRIED FORWARD 1,196,863 1,196,863

TANGIBLE FIXEDASSETS
Improvements
Freehold to
property property Equipment
6 6
COST
At 1 January 2021 229,150 504,705 78,032
Additions 15,334 13,686
At 31 December 2021 229,150 520,039 91,718
DEPRECIATION
At 1 January 2021 169,269 142,955 53,694
Charge for year 5,729 26,002 7,605
At 31 December 2021 174,998 168,957 61,299
NET BOOK VALUE
At 31 December 2021 54,152 351,082 30,419
At 31 December 2020 59,881 361,750 24,338
Fixtures
and Motor
fittings
f		 vehicles
6		 Totals
f
COST
At 1 January 2021 54,448 14,246 880,581
Additions 3,591 32,611
At 31 December 2021 58,039 14,246 913,192
DEPRECIATION
At 1 January 2021 39,413 10,865 416,196
Charge for year 3,725 845 43,906
At 31 December 2021 43,138 11,710 460,102
NET BOOK VALUE
At 31 December 2021 14,901 2,536 453,090
At 31 December 2020 15,035 3,381 464,385

FIXEDASSET INVESTMENTS
Listed
investments
MARKETVALUE
At 1 January 2021 420,092
Disposals (3,134)
Revaluations 41,266
At 31 December 2021 458,224
NET BOOK VALUE
At 31 December 2021 458,224
At 31 December 2020 420,092
2021 2020
6 6
UK equities 60,309 169,702
Foreign equities 165,356 35,109
Fixed interest 228,704 204,357
Pnvate equity 191
Hedge funds
Property
Money market 3,664 10,924
Cash
458,224 420,092
Cost or va lu ation
at 31 December 2021 is represented		 by:
Listed
investments
6
Valuation in 2021 138,460
Cost 319,764
458,224
15. STOCKS
2021 2020
f 8
Stocks 9,296 6,984

2021 2020
6 8
Trade debtors 5,056 5,851
VAT 5,466 4,988
Prepayments and accrued income 33,569 11,388
44,091 22,227
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
6 f
Trade creditors 9,052 14,034
Social security and other taxes 6,920 (442)
Pension creditor 1,589 1,458
Accrued expenses 5,300 3,447
22,861 18,497
LEASING AGREEMENTS
Minimum
lease		 payments under non-cancellable operating leases fall due as follows:
2021 2020
f 6
Within one year 49,933 85,316
Between one and five years 47,101 107,650
97,034 192,966
MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.1.21 in funds funds 31.12.21
6 6 f
Unrestricted funds
General
fund		 1,016,863 42,237 180,000 1,239,100
Community
&		 Education Room 80,000 (80,000)
Kennel Block B Refurbishments 100,000 (100,000)
1,196,863 42,237 1,239,100
TOTAL FUNDS 1,196,863 42,237 1,239,100
Net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources
6		 expended
6		 losses
f		 in funds
f
Unrestricted funds
General
fund		 847,434 (846,463) 41,266 42,237
TOTAL FUNDS 847,434 (846,463) ' 41,266 42,237

Comparative s for move ment
in funds
Net
movement At
At 1.1.20 in funds 31.12.20
5
Unrestricted funds
General fund 944,526 72,337 1,016,863
Community & Education Room 80,000 80,000
Kennel Block BRefurbishmenis 100,000 100,000
1,124,526 72,337 1,196,863
TOTAL FUNDS 1,124,526 72,337 1,196,863
Compara tive net movement
in funds,		 included
in the above are as		 follows:
Incoming Resources Gains and Movement
resources
6		 expended
f		 losses
6		 in funds
F
Unrestricted funds
General fund 865,724 (842,318) 48,931 72,337
TOTAL FUNDS 865,724 (842,318) 48,931 72,337
A current ye ar 12months
and prior year		 12months
combined
posit		 ion
is as follows:
Net Transfers
movement between At
At 1.1.20
F		 in funds
6		 funds
6		 31.12.21
f
Unrestricted funds
General fund 944,526 114,574 180,000 1,239,100
Community & Education Room 80,000 (80,000)
Kennel Block BRefurbishments 100,000 (100,000)
1,124,526 114,574 1,239,100
TOTAL FUNDS 1,124,526 114,574 1,239,100
A current
yea
as follows:		 r 12 months
and prior		 year 12 months
combined
 net movement
in f		 unds,
included
i		 n the above
Incoming Resources Gains and Movement
resources
6		 expended
6		 losses
f		 in funds
Unrestricted funds
General fund 1,713,158 (1,688,781) 90,197 114,574
TOTAL FUNDS 1,713,158 (1,688,781 ) 90,197 114,574