| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 | |
| Independent Examiner's Report |
||||
| Statement ofFinancial Activities | ||||
| Balance Sheet | ||||
| Notes to the Financial Statements | 7 | to | 15 | |
| Detailed Statement ofFinancial | Activities | 16 | to | 17 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Vnrcstricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | f. | |||||
| INCOME AND ENDOWMENTS Donations and legacies |
FROM | 3 | 86,969 | 86,969 | 352,338 | |
| Other trading activities Investment income |
69,435 5,944 |
69,435 ~5944 |
70,145 4,590 |
|||
| Total | ~162348 | 162,348 | ~427 073 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 6 | 108,650 | 108,650 | 245 862 | ||
| Charitable activities Animal welfare services |
7 | ~78877 | 78,877 | ~58 553 | ||
| IS7,527 | ~187 527 | 304,415 | ||||
| Net gains/{losses) on investments |
~53 896 | 53,896 | ~64,064) | |||
| NET INCOME Transfers between funds |
16 | 28,717 1,000 |
~1,000) | 28,717 | 58,594 | |
| Net movement in funds |
29,717 | (1,000) | 28,717 | 58,594 | ||
| RECONCILIATION OF FUNDS Total funds brought forward |
1,699,08S | 1,000 | I&700,088 | 1,64l,494 | ||
| TOTAL FIINDS CARRIED FORWARD | ~tI 728 805 | 1,728,805 | 1,700,088 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Ulil'asti'icteil | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | 6 | ||||
| FIXEDASSETS | |||||
| Tangible assets | 12 | 261,598 | 261,598 | 261,787 | |
| Investments | 13 | 870,784 | 870,784 | 799,681 | |
| 1,132,382 | 1,132,382 | I,061,468 | |||
| CURRENT ASSETS | |||||
| Debtom | 14 | 344,884 | 344,884 | 364,628 | |
| Cash at bank and in hand | 267,408 | 267,408 | 288,853 | ||
| 612292 | 612,292 | 653,481 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
15 | (15,869) | (15,869) | (14,861) | |
| NET CURRENT ASSETS | ~596423 | ~596423 | 638,620 | ||
| TOTAL ASSETSI.ESSCURRENT | |||||
| LIABILITIES | Ir728 S05 | 1,728,805 | 1,700,088 | ||
| NET ASSETS | 1,728,S05 | 1,728,805 | 1,700,088 | ||
| FUNDS | 16 | ||||
| Unrestricted funds |
1,728,805 | 1,699,088 | |||
| Restricted funds |
1,000 | ||||
| TOTAL FUNDS | 1,728,805 | 1,700,088 |
| 3. | DONATIONS AND LEGACIES |
|||||
| 2023 | 2022 | |||||
| Donations and collections |
84,969 | 17,659 | ||||
| Legacies | 2,000 | 334,679 | ||||
| 86,969 | 352338 | |||||
| 4. | OTHER TRADING ACTlVITIES | |||||
| 2023 | 2022 | |||||
| Shop sales | 69,435 | 70,145 | ||||
| 5. | INVESTMENT INCOME | |||||
| 2023 | 2022 | |||||
| Dividends on investments |
2,022 | 3,814 | ||||
| Bank interest | 3,922 | 776 | ||||
| 5,944 | 4,590 | |||||
| RAISING liUNDS | ||||||
| Raising donations | and legacies | |||||
| 2023 | 2022 | |||||
| Staff costs | 55,476 | 62,211 | ||||
| Rent and service charges | 21,382 | 20,673 | ||||
| Rates and water | 1,139 | 3,380 | ||||
| Insurance | 635 | 790 | ||||
| Light and heat | 5,110 | 2,559 | ||||
| General expenses | 1,162 | 1,186 | ||||
| Worcester branch donation | 1,000 | 134,500 | ||||
| Postage, stationery | and advertising | 574 | 520 | |||
| Repairs and maintenance | 1)815 | 2,210 | ||||
| Cleaning | 2,159 | 2,327 | ||||
| Bookkeeping re payroll, VAT |
etc | 3,565 | 2,301 | |||
| Travel | 1,183 | 1,492 | ||||
| Professional fees - |
investment | management | fees | 9,403 | 8,588 | |
| Bank and credit card charges | 1,858 | 1,693 | ||||
| Depreciation | 189 | 222 | ||||
| Support costs | 2,000 | 1,210 | ||||
| 108,650 | 245,862 |
| RAISING | FUNDS - continued | FUNDS - continued | FUNDS - continued | FUNDS - continued | ||||
|---|---|---|---|---|---|---|---|---|
| Other trading | activities | |||||||
| 2023 | 2022 | |||||||
| f. | ||||||||
| Support costs | 2,000 | 1,2 1 0 | ||||||
| Aggregate | amounts | 108,650 | 245,862 | |||||
| 7. | CHARITABLE ACTIVITIES COSTS | |||||||
| Direct | ||||||||
| costs | ||||||||
| Animal welfare services |
~777 | |||||||
| 8. | SUPPORT | COSTS | ||||||
| Governance | ||||||||
| costs | ||||||||
| Other trading | activities | 2,000 | ||||||
| Support costs, | included | in the above, | are as follows; | |||||
| 2023 | 2022 | |||||||
| Other | ||||||||
| trading | Total | |||||||
| activities | activities | |||||||
| Donation to | HO | (790) | ||||||
| Independent | examiner's | fee | 2,000 | 2,000 | ||||
| 2,000 | I)210 | |||||||
| TRUSTEES' | REMUNERATION | AlVD BENEFITS |
| 10. | STAFF COSTS | |||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Wages and salaries | 54)952 | 61,606 | ||||
| Other pension costs | 524 | 605 | ||||
| 55,476 | 62,211 | |||||
| The average monthly number ofemployees |
during the year was as follows: | |||||
| 2023 | 2022 | |||||
| Shop and administrative | staff | 3 | 3 | |||
| No employees received |
emoluments | in excess of560,000. | ||||
| 11. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | Restricted | Total | ||||
| fund | fund | funds | ||||
| INCO)VIE AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
352,338 | 352,338 | ||||
| Other trading activities | 70,145 | 70,145 | ||||
| Investment income |
4,590 | 4,590 | ||||
| Total | 427,073 | 427,073 | ||||
| EXPENDITURE ON | ||||||
| Raising funds | 245,862 | 245,862 | ||||
| Charitable activities |
||||||
| Animal welfare services | 58,553 | 58,553 | ||||
| Total | 304,415 | 304,415 | ||||
| Net gains/(losses) on investments |
~64,064) | ~64,064) | ||||
| NKT INCOME | 58,594 | 58,594 | ||||
| RECONCILIATIOiV | OF FUNDS | |||||
| Total funds brought forward |
1,640,494 | 1,000 | 1,641,494 | |||
| TOTAL FUNDS CARRIED FORWARD | 1,699,088 | 1,000 | 1,700,088 |
| 12. | TANGIBLE FIXEDASSETS | TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|---|---|
| Furniture | ||||||
| Freehold | and | |||||
| property | equipment | Totals | ||||
| COST | ||||||
| At 1 January 2023 and 31 | December 2023 | 260,529 | 14,922 | 275,451 | ||
| DEPRECIATION | ||||||
| At 1 January 2023 | 13,664 | 13,664 | ||||
| Charge for year | 189 | 189 | ||||
| At 31 December 2023 | 13,853 | 13,853 | ||||
| NET BOOK VALUE | ||||||
| At 31 December 2023 | 260,529 | 1)069 | 261,598 | |||
| At 31 December 2022 | 260,529 | 1,258 | 261,787 | |||
| 13. | FIXEDASSET INVESTMENTS | |||||
| Listed | ||||||
| investments | ||||||
| MARKET VALUE | ||||||
| At I January 2023 | 799,681 | |||||
| Revaluations | 71,103 | |||||
| At 31 December 2023 | 870,784 | |||||
| NET BOOK VALIJE | ||||||
| At 31 December 2023 | 870,784 | |||||
| At 31 December 2022 | 799,681 | |||||
| There were no investment | assets outside the UK. | |||||
| Cost or valuation at 31 December 2023 ts represented |
by: | |||||
| Listed | ||||||
| investments | ||||||
| Valuation in 2023 |
870,784 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Trade debtors | 22,520 | 46,912 | ||
| Other debtors | 280,572 | 278,172 | ||
| VAT | 37,542 | 35,294 | ||
| Prepayments | and accrued income | 4,250 | 4,250 | |
| 344,884 | 364,628 | |||
| CREDITORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2023 | 2022 | |||
| Accruals and |
trade creditors | 4,789 | 10,336 | |
| Wages creditor | 1,570 | |||
| Social security | and other taxes | 9,437 | 4,389 | |
| Pension creditor | 73 | 136 | ||
| 15,869 | 14,861 |
| MOVEMEN | T IN FUNDS | ||||
|---|---|---|---|---|---|
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.1.23 | in funds | funds | 31.12.23 | ||
| Unrestricted | funds | ||||
| General fund |
1,699,088 | 28,717 | 1,000 | 1,728,805 | |
| Restricted funds |
|||||
| Rooffund | 1,000 | (1&000) | |||
| TOTAL FUNDS | 1,700,088 | 28,717 | 1,728,805 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 162,348 | (187,527) | 53,896 | 28,717 | |
| TOTAL FUNDS | 162,348 | (187,527) | 53,896 | 28,717 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.1.22 | in funds | 31.12.22 | ||
| Unrestricted | funds | |||
| General fund |
1,640,494 | 58,594 | 1,699,088 | |
| Restricted funds |
||||
| Roof fund | 1,000 | 1,000 | ||
| TOTAL FUNDS | 1,641,494 | 58,594 | 1,700,088 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | |||
| Unrestricted | funds | |||||
| General | fund | 427,073 | (304,415) | (64,064) | 58,594 | |
| TOTAL | FUiNDS | 427,073 | (304,415) | (64,064) | 58,594 |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.1.22 | in funds | funds | 31.]2.23 | ||
| Unrestricted | funds | ||||
| General fund |
1,640,494 | 87,311 | 1,000 | 1,728,805 | |
| Restricted | funds | ||||
| Roof fund | 1,000 | (1,000) | |||
| TOTAL FUNDS | 1,641,494 | 87,311 | 1,728,805 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 589,421 | (491,942) | (10,168) | 87,311 | |
| TOTAL FUNDS | 589,421 | (491,942) | (10,168) | 87,311 |