Charity registrailon number 227361 (England Vtsl•$l NORTHERN COUNTIES HORSES AND SMALLER ANIMALS PROTECTION SOCIETY ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 NORTHERN COUNTIES HORSES AND SMALLER ANIMALS PROTECTION SOCIETY LEGAL AND ADMINISTRATIVE INFORMATION TrustÈes Mrs J A Ha I lch84fws￿} Vs J Diyon ITre&wrw) Ms C Wetson Mrs L GhJnbers Mrs V WAIsth) MSSS A Ricnards Charlly rogislratipn Eryland and Wa 227361 prf￿1p0l addro GakfAthJ Gr•Bn Road E￿Ion Bar.ks Galeshe&J ryne and Wear Enoan(J NE9 7XA Audltor Rol￿￿ '_aidlef A(x￿l￿an1$ Lwni Je51rK)fxI Nè*ra41e u[￿ Ty Tynts aTrJ Weor NE211J 8•nkers Lknyds 88nk PLC IS Wost Str•t G81e$tread ryne & Wear NE8 IDP Sollcitor Nth'l RithmoThlA Law Fknn Ltd 1.2 Langdtr•ffje Tell￿ East Goslorth Nthvtaslle ut¥)n Tyne Tyne & W8aF NE3 IHL NORTHERN COUNTIES HORSES AND SMALLER ANIMALS PROTECTION SOCIETY CONTENTS Pagg Tru5tee5' report Slatpn￿nI ol Iru81988' reS￿n51b￿li￿ Indeppndenl auditor￿ report Slatemefil ol fvanciel 8Gtfvttjes Balallcg 8heel stst&mont of ¢0gh flow5 N￿e$ ¢0 the finwal staiernen18 10-20 NORTHERN COUNTIES HORSES AND SMALLERANIMALS PROTECTION SOCIETY TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Iruslees Pfesenl their annval reFcrt finatvjal staiefflenls fv¥ the yeèr endod 31 Maich 2025. finandal staleffeqls have been prepared ffi acc￿￿ar￿a %Mlh Iho sti out In noto I ￿ tho IlnanciJ >lalon￿nis aThJ comply wlh the SocyBty's trust deed. tl* Charities Ad 2011 and"Accountiro and Reporting by Charrtios.. Sl8lem&nl of RocoMmet￿ed Pra￿￿e applicatAe lo tharil es y8pariny Ilwr accounls In ￿CL￿danCe with the Financial Rw)ortiNJ Stsndwd 8sWicabl• in tho UK Roput4ic ol Ifeland (FRS 1￿2) lello¢tiv• l j￿u￿ry 20191.. Oblectivgs and actsvities Thc &K-ièLys ol'ecls ar¢ Ihe"protection of l¥N*s smaller ffom 1Vusa￿. ttuety and sJNoring by thg provision and n￿intenanCe in or nèa. G818shoad ol ￿ anin4 rgfug8 aThJ S￿h oll)er 18cilibes to achieve Ihal objed.. The aim of the shdler Is to rehablitate re-hm ￿WanIeC abOrd￿e￿ animds wNch Indude horses. dogs cats. iaLkn"l$ and oiher S￿a￿ $nlmals. Al anwnals a￿ beallh cwed by cyjr vel Wh￿ thay arrivè. They are Ihen neutered, Vaccinated •nd (k£s are rThcxo- a ye for¢ Ihoy become a Iru$*e. Qfganésalsonal slrudu The day to clay man¥g8[ner￿ ¢1 th¢ IS In Ihe hands of sWt8f manw. The cfrwlsls $tr*legi¢ 8nd major OP8raliono1 deos[r￿S are iakon by thè of lTrJsteO8 wh￿￿ meeis on al *asi a M(￿thty basis. The Iruslees. rewrt ￿a5 apprQ￿l by the Board of Tru5tee5. Mr¥ J A Hall Ichairperyonl Trustee D81e'. NORTHERN COUNnES HORSES AND SMALLER ANIMALS PROTECTION SOCIETY STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 Thft Ifuslees are resprnslble fcff preparing Ihe T[Jst￿. Re(￿ and the financial sla'.Ow￿jnls in accordance with applicablB law and Uiwled King(k¥D Acc(yJntw Stsrw)ards (unit￿ Kitwdom Generally Accept￿ Accounnng The applKable to charitigs in ErvJ8Th18fKI Wales f8(PWCS the Inlstees kn prepare fiftgiicial s¢alorenis lor e￿h financia year whith gryo 8 trtsè Athl'air ¥i8w o. Ihe ol affairs ol Ihe Socbety and ol th) InD)rr*n9 re30yr￿S and 8prAle8kn"on of roswrees of the Scragiy Ihal year In preparing these Thnandal 9l8tern￿ts. th8 trLSteè# we requirod lo". . sèla¢t suttablo accourling poI￿leS and then appPs1 tf.em G(￿￿￿tentIy. - obseTre the ￿El￿OdS pwo4e$ in the Charitios SORP.. - rnakg1udgHM￿ls and 9￿tiMat*s Ih8¢ we rèa90naNo wxl prui*nl: . Sta￿ whèther 8pplicatr4è 8CCO(tnts"ng slBndards have teen IdkMvJ, ￿b￿t lo any matertal dep*iwos dr6cloAed and explained In Iw fina￿￿al Statem￿S- arid repartr Ihp. fiTr8nck91 ststery￿ls on o)ncom basis ￿￿6$S il s Irttipk¥opriale Itt mSLme Ihal the thanty wil ¢Mllwe In op6ratkWL The Irusleps afe resportsit4e for keepfng 8¢Co￿lir￿ rocords IhAt disclose *ilh rea$t)nab￿ a(cwacy al any Ilmè th6 flnancial posilui ol the Society aiKJ enabe them k) grwre that the ￿a￿al statsmenls co￿.rAY Wlti,, Charili8s Acl 2011. ihe Charily IArxwnls Rewrtsl R￿laIk)n$ 20(% aThJ Ihe WJVlSK)ns ol th8 irust deed. fhgy afg a so responslbb Iw saf•gUar¢Ir￿ Ihfy assgts of Socigty and lor taking 10880nabte step8 ts 1 prevenknn dotwjion of f(wd and othw Irreg￿ar1b8S. The law 8Okable lo ctrw11￿S kn EnglaThJ •id Wak3s rèqu*aB Ihe trusi¥es lo weparg finanLyal statement5 Iw eath rinanclal year whiLh give a Irdo and (air of the stal• ol aff￿rS of the Sw'ely atsd of i)e in¢(ffjirrfJ resourc8s arKI aprAiCai￿n ol fesources of the SO￿.ety for that ysyr Ip preppiing these financia stdlemwiis, the tru5tetrs ￿[￿red lo", - sdgcl suitable acc0vili￿ pd*ies Il*n apply U￿M consislenty. - observe Ihg Ill8t*)ds and In the chant￿ SORP: - mekg iurJgem8nL$ 3Th18stimate5 Uiat *e r6ascrt4o *)d . sl)ciety n aCc￿danCe Wlth tho ethical reyuiremenls ihol ar& roltsvaftl to ￿1( a￿111 financia sialenKJnls in ItrKp UK, ifiduding Ihe FRC'S Ethical Siand8(d. and nave tJIfl￿d our other elhKal .eSP￿S4b11tle5 In accordan￿ with these reourement5. We beli8¥0 that Ihp audit Bwden¢o wo ha￿e (4)1￿ed suffwxn,. and appiowote ￿ wcwle a basi5 lot QUT QPiTWn. Conclusions ielatin9 to going concern In audibng the financwl slat¢rrenls. we ￿¥0 tsYKaudod i￿1 I[￿ trustee5' U50 crf tho gwg concern ts83i$ of Jc¢ounlirg in Ihe pl￿rat￿)n of Ihe thanckql st8tements is appfowkn*. Based on lh8 w8 have r￿rfrn. we have rnt Idenbri￿1 arty matarial uncèrlathYEs rdairy or conditions that, Indi¥idiJally or ￿.,eCI￿e￿y, may cast signfficant doubt on the s￿ety's ability to contLnue as a 90ing conGerrn for a period of al least (wePrf9 ￿￿th5 Irtjm tho fiw(Jal date￿￿1$ aulhoris8d f(K Issue. Our responsitslilies antl the re¥00s￿l￿tieS of INe trugiees wrLh respe￿ kn 5YJing concetn we d05cr1t￿d kn the le￿v$￿￿ sections of this report, Olh¢r Infomiatlon L)tlier Inlormation comprisès Ehè sn[N￿all0￿ inrJLtded in the ￿tsaI re[￿rt o'.her ihan th8 financial Siatem9nlS ar￿ our audiloe5 repjrt Ihgreon Thg tJU5tees ￿ respDTrsiblg I￿ Ihg (rther iryforrnat￿ coxrtained within Ilie ¢innual iewrt. Our opinion on th8 finaniial slaterwlts tM)t (oyer the other inf0M￿l￿)n we do Th)1 expiess aly form 018ssurartè ¢MclusiDn ihèrèon Our respon&t*lity is lo lead other ￿k￿mallOn and. in d(Mng so. ccmsider ether the other inlormal*)n Is matgrwNy Inwn5iStw)I wilh ifr.e InancI￿ slalernents or our know ed98 obtained in the course of the a￿11, or DI￿ry￿1$e appews lo ￿ matfjiially m￿Staled. If Kltrntify mBlthal in¢onst51entes or app¥r6nl m81eri￿ mlsst*em.¢rts, we ￿ required lo dèl6m)ine whether Ih"s gives rise to a material WiBsta1eTh￿nl rwid1￿,lal Stsiementb Ihemselves. If. based on the wcKk we have rthorrnthj. we condude Ihal 11we a rnale,'iJ wisslalemenl ol tr s ofher inlowatr￿, we Are req￿￿e￿ lo thai .1¢ U. We Ik3ve nolhing lo rep￿rt In 11)is ward. NORTHERN COUNTIES HORSES AND SMALLER ANIMALS PROTECTION SOCIETY INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF NORTHERN COUNTIES HORSESAND SMALLER ANIMALS PROTECTION SOCIETY Ma¢t•rs on whlch we aro foqulred io report by •xceptlon Wo ha¥Q nothing to r¥port in respecl of the l(Ak)wing ¥natleTS ￿ ￿latI￿ to ChaThtio$ IA¢¢ounts and Reportsl Regulations 2CIJ8 requires u8 lo ￿￿¥)rt lo yw if, in our Op1A￿.. tho Inf￿m0￿) gveii in th¢ financAal 6tstemgnts 15 i￿n￿Stent Mat￿1￿ Wlth tho trngteo8' •Jort', LY suffic￿nt accouniitsg records have not keF4: OT [￿anual slatemenls ar& nol in th8 xcovntiig rec¢yds'. we have noi ieceNed all tho iATormalw aTrJ exF4arwIK￿ we require l¢x oui aJi ¢Jl. Ra¥pon¥lbllltles of truoteos As expAained more lully ir. Ihe 5taterneni of IN*.ee3' re8p0wblt￿3. a￿ respo￿•bEtt lor the prePara1￿n ol Ihe ftnancial slateTh*nls for b￿ng s81islied Ihat they givo a true and I￿r wow. and frrf SLKh inlemal Gontrol a$ the trustees deiermine is n￿55￿ ￿ 6natl8 ￿ preparation of linaF)a81 s".atemffils Ih81 a￿ tree mal8rial Mi$#￿teMent, ¥thethef dtk lo fraud or 0￿. In weparing Ihe fman¢J81 ststwnents, the tm5to05 r6swnsiblo lor assessing Ihc S￿lelY s abitily k) ¢cwA4nue as a Gr￿j ￿lJn¢0rn. disd￿119. as ￿plIcable. matlers related lo going ncern arKJ uslng thé goiro con¢Èrn bass ol ￿t￿n￿"t￿j LKless the InJ5tee¥ *1 Intend lo ￿Se oporolons, of havo no rèalistic attemauve but to ¢Jo so Auditorfs r•sponslbllltlo8 lor thÈ audlt of th• fiiiontlal statements INe have been apPo￿*￿d as au(Jilor ￿der seclicfj 145 ol the Charn￿ A¢t ￿11 and reFQrt in xe0rda￿ ￿th th¢ Act and relèvant r￿JEA￿"0n5 rnade cx hawng e118d lh￿eUrthr Otsi nbJ8t1￿éS aro to obtaln r&asonBble a65uranro atN)ut W￿￿her Ihg frrwthl thtements 85 a whole a￿ Yrè8 frrAn mBlerial misslalgmont. whetrer dug to (Y eFT(X, #tvj to is￿¥ sn rgw Il*i indut1•s our opinim. Reasonable assurwKe is a hvJh lovel of assurance bul B not a guarantee lryat an audit conducte(l in accordance iih ISAS IUKI WI￿ Always de'.ecl a matenal rr4ssiaterfjenl when it •xists. Missl8lemenis can arlae from ffautfj or error and ￿ ¢orsldepd mate¥Jal11, Ind￿￿￿ally (K in th8 aggregatè. thèy coukl Trasonably be expeclod lo Innwnce the econon* deCi6B￿S of bays of th￿ fuwnctal The exlenl to ￿￿￿O￿Vre$ are c*p8L4e of doittlng trre￿. ￿Auth'r￿j fraud. is Ilet￿l￿d belu*. 8asthJ on ojr wd8rS￿diffJ of tm chaxity, WB id8nlifi8d Ihat th8Tr worè Wnlfipd risks ol nLwmplrancé with laws and fegulalions cfj-Ir* 10 cl)arrty'5 operalions as 51 does ha￿ 10 resxil 1¢) Thè Chadty cryn11￿$￿k)n and. Ih."ough Ils daily 0￿r¥I￿$, il mu51 with Certain hoalih and safety rWatc￿S wlh rggard 10 the 9eneral puty1￿. We a150 ¢￿$￿d￿red thosè laws and règulatsOr￿ t￿t havè a th.rect impact on the fiianc.'818t8￿men1s ol th& tompany suth the Ctrwrirbs 2011 atNJ UK kx Audil prO￿d￿re$ pertormed by ￿J￿gnt th>3L￿d.. Dlscvssions wth the liustees wd key m&rtagem￿ indL**"rq ￿nSIderat￿ of krk)wn o- suspected in8tanres of nOp-LyJM￿lanc9 wtth kws arKI reuulatlons Irwd. Evaluat￿ And tesbng of crf)eralwvJ ¥ll¢ctlv*)ess of managgm8ntb rthtsrAs wevent and detect irregularilie5-, Revithro ￿levant tW5t•e minules: Teslng Ir8nyattions enlere Your allenb'on is c&Tawn to the lad that Iho charity has ￿ep￿Ire￿ fiiia'i&il s1d1en￿ts in %cordance wilh -Ace￿IllIng anrt Repurling h/ Chaw11K>s." SIHlpvwl ol Re(xxnrngndEh1 PracTrr.e a￿lIcable to charities ptepanig their accoun15 In acctsr(lar'ee wlh th$ Financbal ReportlThJ SlaFTrts¢J athK¢Ib￿ in the UK Republic ol Ire￿I)d IFRS 1021. 1 aniBndedl in preleverKe to Ihe Accowling and ReFMxMg sy Charit￿.. Slalw￿nI (4 Recclmmonded ￿act￿O issued on 1 Apcil 2CO5 wh￿h is refer￿ l? in the exianl re9dgli(xbJ tMA rK)w b88n wllmliawn. This has been in order for Iho fInar￿la1 slalerneDts lo wowde a Irue lair vlew ii) aojydanco wilh ￿rrent Generally Accepied Accountrnu Pr8clice. Us• ofvur f•Wt Tlits r&wil 15 niadd solely lo the ch8rily's IrtssiètlS. 8$ a bcrfty. 8¢cordar¢e wlh Part 4 01 ltre Chari118s IAceounlS and ReDorts1 RegUla￿c￿S 2008. Ou. work n8s been wdertaken so Ill￿ we mghl siaie to the chanty's trustees Ihosc mallors we are r¢quir¢(t 10 5tOlo to them in an a￿lI10r,S an¢ f(¥ nib 0￿r purpose. To tho lullosl e¥lenl p&rmi'.led by law, wè do r￿1 accep: or assume reSFxM)siD￿•LY to anycth Olhef Ih3n chariiy aid the charily's IriJslp(41 a5 a bDdy. Icr Judil w(xk. for th￿ rcFrt or for the op￿l￿S we have formed, Rob$on ￿ldIer Accountants Limitsd Sl#tutory Audtlor FerFwwd Hou88 Femwood Road o￿as(lO upon T￿e "[￿e and Wear Entyand NE2 1TJ Ri)?s()n Laidlpr AcoJunL3nts Limited Is elyt4e fLV appo*iimenl as Lrf Ihe SOW by vlrtue ol ts elkJitAIty lor a￿oIntMen4 as wJ(hloi ol a ¢M)pany 1212 tl Ihe Act 20￿. NORTHERN COUNTIES HORSES AND SMALLER ANIMALS PROTECTION SOCIETY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUMT FOR THE YEAR ENDED 31 MARCH 2025 Unr•strl¢t•d funds 2025 Unrestrlcled lunds 2024 Ilot In¢ome from: Donali￿$ ￿ga￿e$ Other Iradiry 8cti¥itt8 Inv@slrnenls 058,377 39.858 21.643 444,448 40,097 Total Incomg fj19,878 Exp•rnliiur8 on: Charitablè ￿tIVi11¢S Olher expènditlfe 408.335 337.715 70,39) 10 Tolal eXp￿d￿luTe 406,335 408.105 Net Ine4)m• and m•v•mont in fundg 211,543 l(X).293 Reconcmlallon ol fund8: FLtnd balan¢e$ 811 Aprl 2024 1,823,025 1,722.732 Fund balancos at 31 March 2025 2.OY,568 1,823,025 The $18tement of Ihnandal xli¥ii*S includes 41 pns I￿se5 rec(wisgd In ihe year Ai irKomo ard expendture d8rrye actpiibès. NORTHERN COUNTIES HORSES AND SMALLER ANIMALS PROTECTION SOCIETY BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes Flxed a$8•ts langible assets 11 460L)16 4Jf9.349 Curront as$gt$ Stocks DFJbiors Cash al bank and in hand 12 13 1.381 88.025 1.362.678 42.325 1,549,386 1.593,211 1,452,084 Credltors: amount$ f?1llng due wlthln one ygar 14 118.6591 188.4081 Not ¢urrènt ass•ts 1.674,552 1.363.678 Total ¥J¥8ts loss currènt IlabillUa8 2,034.568 1.823,025 The funds gf tho Society unr￿1¢￿ted lunds 16 2.034.568 1.823,025 2,￿ts4.568 1,lJ23.025 T￿ [￿andal slaltsmgnts were approvvd by the Irustees on Irs J A Mabl IChai¥personl Trust80 Ms J Thxon (freasurerl Tru3tO• NORTHERN COUNTIES HORSES AND SMALLER ANIMALS PROTECTION SOCIETY STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2b24 Cash flows from opèratlng acti¥itl•• Cash 98neralgd ffrc￿ opeFats'ws 19 185.653 155,753 Irwostlng aetiviti¢s Purtnasè of ta-.,gl)16 fixed 8ssots Irbvestmenl IrKome rtfAived (20,5681 21,643 1359,818) 23,853 Net cash goneraled Iron￿lu￿1 Inl Invesl*ig activltbvj I335,￿5) N•t cash g•ner•t¢d from finan¢ln9 •ellvltles Net Incroasellde¢reawl In ￿$h and cash ¢gulval•nts ", 86,708 1170.2121 Cash ond ¢ash equivthnts ai bwnnirrfJ ofyear 1.362.678 1.532.890 Cash and c)¥h •qulvalgrrt¥ tyt and of ye•r 1.549,386 1,362.678 NORTHERN COUNTIES HORSES AND SMALLER ANIMALS PROTECTION SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting poli¢i•$ Charlty Infomiation M)rthèm Countses ￿￿$èS and Smaler Anim815 Protection ￿lety ￿ an urin¢orFU81ed thBrbty rfygK8lered In Eng￿nd and IAlales. The pri￿￿￿ athtress is gi¥en ￿ the Leg& Adminisl?Iiw3 Inlorn181ion viiihin Ihese financAg1 ?tslem¢rtJ. 1.1 8a8is ol preparatlon ThE* tthand81 slatwwnls havè been Pfeparcd in aceordance VAth the SowV$ trust deed, Ihe ChJrltivs Acl 2011 and 'Accwniw and Reporting by CbaiA]'e5'. Slalemont of RecoinmÈnded Practic* aprAbcable lo ckkiritlcs preparng their am)Lpnts in acuKdèrce wilh the Finartial Reportsro SlaNJ•r¢J 8pplica￿e in ',he UK nd RepubliG ol Iroland (FRS 1021 lettective 1 January 20191". The k8 a PUt￿lC Berefil Entity 8$ definèd by FRS 102. Inan(ial stabm8r*ts ha￿ depar￿1 frcm the Q￿ribeS (Accounts ReF*Jrtsl Rewl8tions 2008 ¢)nly to Ihp o¥lent required Ic pro￿¥￿ 3 irue and fair view. This depailw¥ Irds ￿¥￿¥th1 10low￿9 the StateirE*nt of Recomfnenfkd Pracbce Charpw applymg FRS 102 rath8r ￿ Ihe verslon of the Staltrmenl of Rec(Mnm8ryded Practir* which is rofgtr84 10 in ih8 Regulalion5 trtrt ¥th."th hes ￿nce ￿￿en witlxlrawn. Th8 InarK4al slaiwnants érè p￿pared In UK Iièrtlrrtj is Ihe of the SD(xiy. lknetary 8frKwnts h th818 fin8￿la1 sL*errE*nts am rcrtmded lo th8 no8r951 £1. The InanGkg1 ¥Ia1¢ry￿nts have been prepwl under tho N"stOfical ￿nventIon. The dLCLtJDiiqg polr&J$ odq)led are s8t out b81(yw. 1.2 Golr*9 GOI￿91n Al th8 time ol ￿P[oving the finarKi¥ St8te￿ents, Iha Iruslees haw8 a ièasonatA8 axpe¢181ion that the Society has ￿￿qu81e re5QUfCOS lo O￿tin￿è in opyaiiwl exIs￿e lor ihe fv)r8sep.a?le fvture. Thus th9 Ifuslees &)nts"thJe to a(l¥)t Ihe w.ng conc4m bBsls of acccuiting in stat￿ne1￿. 1.3 Charitabl• funds Unrosfri¢ttrd lurKIs are available lor use al tho 01 Ihe tnJsteÈs in fwiheranrA of their charitablè (Jbleclives. Re81ricted futrkls are subj￿1 lo spvific Gxw1￿nS by do[￿ w gr3ntor$ 85 to h(w thèy may be usèd. The purposgs ¥ll¢' yses ol *he re5fvcted fuThYs a￿ sat wt ￿ Ihe rKX&S io the fiTrwial siatemenis. IrKl¢wment I￿xIs orè suE4'ect lo specific condit*￿3 by thMx*s Ihat Ihe cawtsl must be by Ihe Sociely. NORTHERN COUNTIES HORSES AND SMALLER ANIMALS PROTECTION SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUEO) FOR THE YEAR ENDED 31 MARCH 2025 A¢counllng p)Ikl•s IContSnu¢dl 1.4 Incom• Incom8 15 TF¢ognIs￿d vthan the Soci81y ent*iW to It after any pwfomance condlU￿￿ h8ve b88r rnel, Iho amounts" can be Trwsur8d relaoty. ￿K1 it prDb#b e thal wdl b8 T￿Ned. For donations lo be ¥wowised the char￿Y wll h8¥e been notified of aMo￿ts and Ihe selUemet)t date vKi¢ing. 11 thero are ¢￿dI￿.￿S attach￿ lo the donatKm this reowres a level ol performance before èni11￿ment can be obrained ihen Income 15 defwro(l untll thoge coThliiions arg fully pnel or lh8 fulfi1n￿￿1 ol thosg condil¥)ns is wrthin th9 ol Ihè charily il ts [￿(*)￿0 ih* Ihey wll to fulfiled. Legaa85 aré f•CA)gThsed on rwipt ￿ otheryriso if the &vety has bèen rol'"ffed ol ￿ impgndiig di5tributM, the arThxJnl k£ known and re￿91 15 ex￿￿1. 11 the 8mcunt Is not knovffi. Uie legacy is trealed as a cwtinwil assel. l)onated lacimties dcmated sery1￿5 8re re((wibsed n incATh al they l?4r value ¥then their economic benefrt 15 proba￿e, rt ¢an measwed ￿lI￿AY and 'J)e d)wity has control over the Ilern. Foir vaue is detemjin(￿ on the basis ol tio v¥ue of the gift to the tharrty. For exa¥Dple Ihe 8rtKxJnl Ihe chdrily would be whling lo in the open m8thel lor such faclfitigs and A corièsrthlir 1.1 T8nglblè fixed aJ$•t$ Tawiblè ftxée asséts are h¥tAlly measurth1 at cosi and rnaasuied ai CO￿ or v81uau"on. net tsl d8precialion any impairment losses. Deprecl8knon ￿ fwnised so 8$ io wrile off ts cosi or v8Juatw* of atsèts lèsy thew wos*Jual value$ 0￿r thwr Useful lives Ihe'dlowirKJ bases.. Fr¥8nold larxj awKJ buildir Fixtures fillings rvbtor vehicl¢s ￿e￿i￿ls, SI)￿lerS elc 2% Stra￿)h￿Ine 15Y• on balance 25•A redu(x￿J balance 5% (M r&lacli)u bèlance The gain 01 arisin9 on Ihe diSkX)sal of an ass91 is cetwmin￿l as the dnyerm between Ihe wo(x)ed$ and thè cary￿1n9 y￿u& oftho assèt. and ￿ r8cwsed In Ihfy slatoffN)nl of financial ￿trYibés 1.7 Impalrment of fixed assets Al egch reporting ei(J date, tho knbgly rgviews tho carying anyjunts ol its assets to dgtemiin? whether there is any thel Ihose 8ssets have $￿ered In￿m￿nI h)ss. 118ny iThJic¥li èxists, Ihè recoveratrAe anKrtnt of th8 ass81 is estsmaled in lo dgie(mknè thè eX(￿t of Ihe impairment los¥ lil any). 1.8 8toets st￿ks are staled al Il* lowef ol and e5twnaled sdling Fyice less c051s lo compl&le and $8U. Cosi COM￿Se3 th.rect materials and where Jpplical)ID. lab(YJT Costs and Ihose ov8rh8ads thal 118ve b¥8n incurred In ￿1ngin0 Ihe Stocks lo tr￿11 we8enl k)call￿ arvj cvndilv)n. Items hdd for disliibulYJn al no or )tTrinal consi(J8ration 4r¥ n*awed al lh& bwer (x￿t wsl. Not realisatjg vpluo is Ih? e$twnal¢d s¢lhry PfiC8 less 41 ￿lMat￿l costs of and costs 19 bo 11cL￿ed +0 maikelmig. sdlwvJ and ¢&'str￿1￿. 1.9 Cash and cash equlvalents Cash ahd r.ash Èqthvalenis Indudè cash in h•xl, hold al c*1 bank8. txhèr sl￿-terM Iqu Invesiprenis W￿1￿ ori9nal maiutilies of three monlhs or less. oThJ bar.k ovefdrals. Bank overdralts a￿ shown within tx>rrow.'rys ￿ cwrenl *akMltlie5. NORTHERN COUNTIES HORSES AND SMALLER ANIMALS PROTECTION SOCIETY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED> FOR THE YEAR ENDED 31 MARCH 2025 Accounting polklès Icontlnuedl 1.10 Flnanclal in#truments The Soclèiy has elected lo appty the Frnions of Sedwjn 11 'Ba￿C Fln8%id k)strumerts' and S8cJon 12 '(Xtter Financiql Inslrufllents Issues. ol FRS 102 ￿ all ol its knthm8nls. Fina￿181 Instmmerts ar• r•cowtsed In ttre Swetys b*n¢* gheet *17en Sod8ty Parti lo the contr4¢tual pro*isions of Ihe ￿slIU￿%￿bl. Fnaw81 assets and liatr￿kn arè olfs•t. wlh th nel wN)unts We￿Ied fft the lknanci81 È181em8nts. when t￿r0 Is a18galy enforcea￿e to strt off the re￿nI￿1 amounls 8nd thoro is an Intontion lo ￿111& on a nel basis Of VJ reali58 tho asset arKI setlle Il*14b"IFty $m￿tanè￿1$ty. Ba$1¢ Ilnonelal assets Ba51c fina11cial asse￿ %%thich debtors and cash and baances, we inillally measuied al trans¥tIc￿ pr ce in¢ludirvJ transac￿n costs 8lld arg ¥ubsequenUy cafrwj at wnorlised cosi u3¥1g Ihe effectNe irtere51 method iinloss IhÈ 877angemenl rx>nsitrtults a transaclion. TrAI￿.re Ihe tr8n38ctson Is sJied at Iho preseni value of tho lutare rerEK)l$ di8counted al a Ma￿￿1 T8ts of Inlerosi. FI￿n￿31 asse18 dassifiod as rveeiv8ble one yew 8Fe atr¥JlwJ. Ba$lc flnanclal IlablNei•s 8asic tinaF)ci¥A Iiabilrties, ￿c￿dIrtg creOs*)rs bank loans are inilally rttognised at tr0n58clK￿ pricc [￿￿$s tha arrangèment constilutes a [￿ar￿9 transa-bon. wh9r• th8 debl instrun*ril 1$ ￿asUre￿I at Ihe present value of the fulure p8yw.ents disc(xmteQ at a marf(et rat8 inta•8t. li*)*lw dttasil*d aa payab ilhu) one year ale not arM￿se￿. C*bl ns1rw￿ents ar8 sub89rw•nUy ¢arn*d ot u)st. using Ih• off￿1￿8 inl•rost rate metrM)d. T￿￿? credllors are 0￿g￿lIOnS to pay lo" goods or wvices that hwe bèen aTh]uirod in the ¢Luse Of opErabOnS fiom supplieis AnY￿nIS payaFAè arn dasyfie¢ as ujrrenl liabilitk.&% if payment Ns due w.lhln oné. r or less. If r401. thèy ar8 rAè$8nted as n(W￿rren1 Ik9biIti95. uedrtors aro ffj(tyJnL%8d inillaly at lr8rlsact￿)n Fylce and sub88qwIty n￿aSur9d #t amortised cost usknj tha 8ffocts.vg inl8r¥5l matbod. D¢recogNltlon of flnan¢lal Ilal)Illtles Financial liabililibs ore 4eiecognlsed Sou"èly's t￿tract￿l tt4kJet•)ns gxprg or arg ￿￿￿￿{gert or ¢ar¢dlgd. 1.11 faxal•)n Th¢ ¢hap.ty Is an exempl chaaty wllhin the s(tsth10 3 of Charilios Ad 2011 and Is c(xK%iJered lo pass the lests sel in Pala￿￿ph I 6 Financz Acl 2alO. 1.12 Employ•e b&ii•fit The cost of any u,-used ho*lay enwemenl 15 rgcognised In the peri¢yJ In whid) thet empknye8'5 sefwces are T¥rmInal￿n ber*flb are ", eknOgn'.sed #mmecl'alpty ￿ An expenso ihe Souety o demonstrably conwnitted lo l&rminate Iho omtAoym)i of an ernpty or (o tyovide *Mil￿1￿ twwfits. 1.13 Retlrgm•nt ben•fhts Paymenls lo delirted conth'ixthon reli￿rre￿ b8rnfi1 are tha1￿d as 8n expsnse as they lal dtse. NORTHERN COUNTIES HORSES AND SMALLER ANIMALS PROTECTION SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARGH 2025 Cr5tlcal accotsntinu estimat88 and judgW￿rtIS In the agF4icalioY ol tre Society's a￿tir,9 ￿￿10$. the Irust8e3 are l(F make jud9emenls, e51imates and assumpAions ats)ul I1￿ carrying wTh)unt of assets and 118Nilies Ih81 are not rea¢JW appaienl from othèr souicos. The éstimates ass￿131￿1 asSuMpi￿n5 are based oy ￿"Storical expeiience anol ¢lher faetots that are eonsidorgd lo bg fgtgvanl. Actual rgstht¥ w ddfgr Irom Ihese esiwnatss. Ine estmat&s ard undertwn9 assumptions we rew8wed on an on9CAry b•si$. Revlsions lo Accountsng esllm8les are rwnlseé In the perf￿1 ￿ which Ihe esbrate is revtsed where the revi￿0￿ affects only Ihat perKJd. or Ihe penvd ol the rcvisi)n arnl future where Ihe ￿vI$￿Tr aff￿& tKAh currenl and lulvre perKJd$. Key ¥QUTC￿ of e511mat￿n uncgrtsinty The followiTrJ jL*Jgemenis lapart from Ihose inv(yvry esiinalesl ha￿ been made In the pr￿esS ol bpplyln9 the abovo a¢counling wA*cies tl)81 Iwe h8d Ilie n￿St sgnilKant effed on aTrxints ￿COgnIse£l ID Ihe finanoal $18tements'. The es1That￿ usefvrf I ves of laThJIb￿ f￿ed assets Donatlon4 affld legacl Unrèstrktsd Unreslricled fvnds Iiinds g￿eTaI 2024 2015 n8tron8 and gits LegariAs rer£ivalAe Olhor 202,351 343.566 12,458 267.258 172.132 5.0511 S58.377 444,448 L•9a¢l•s r•¢olv•ble Jtsser*ine se￿11 Michaél Cunnhwam Edna Sullon AnrÈe Scallon Mdpa Stevens Mirtam Craggs Lady Elkzabelb Hul¢l￿n￿ Kelth Se(*inglo Linda Mottgson Margaret ThoTrF6C Other 199,2 71,000 33,796 73.622 32.OLX) 9,000 5.406 56,591 30.000 16,795 31.681 16,513 172.132 NORTHERN COUNTIES HORSES AND SMALLER ANIMALS PROTECTION SOCIETY NOTES TO THE FIMANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Incom• frorn othor tradlng activities Unrostri¢t•d Vnrestrfcted tunds funds 2025 2024 RO￿lpts frL)m events Recelpls from nwch8NJise 8.283 31.575 7,183 32.914 (Xher iraling a¢￿8$ 39.858 40.097 Inv•$tm¢nts Unr•stri¢t•d Unreslrtcted funds funds g•nfrral genwal 2025 2024 Inteiosl r8celv8ble 21,843 23.853 NORTHERN COUNTIES HORSES AND SMALLER ANIMALS PROTECTION SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expondllur• on charitabk acllvlths CaTO 01 Care of anlmals and anim)l$ and rpfugè refuge 2025 2024 Ofre￿ costs Staff rA)gts oeprechats￿ and impa11m￿t Rates %yater InsLirancè Lighl and he8t -e￿phO Printlng poslagg and gt8t¥on Sundrios Fuel rt>ad motor insura SubS¢ripx￿5, lthnces Animal day t￿ day costs Velgriiary lees General rthqintenance Audit and ac(x)unl8ncy Leg¥1 and profèssk)n31 lees 231.773 19.921 2.633 12.sg9 15.771 211.588 1Q.403 2.571 12.135 10.999 821 3.299 1,503 1.471 1552 3,1 197 li 16.2(r2 13,688 20,170 3.672 2.630 12.133 48.525 13.￿3 3.818 2.eAO 408,335 331.71 S Anafysls by fund Lnf8StfiCt8d funds 408,335 337,715 Legal and prolessk)n81 Itse¥ indude$ p8wts a￿￿1￿s of £l.54812024. £1.8(￿1) lor payrol sgtvKg$. Net mov•m•nt In fund5 2025 2024 The net movetnenl in lurKts is slaled &lef thwYy￿1ue￿ts"n9)." Fees payablo lor authl ol the charly's finanrAal ¥lalBrrv OOp￿claI0￿ JI t)wned lan9itAe fixed asseis Loss on dl.*p)sal of t8ngiNe fix8d assets 3,672 19,921 3.618 10,403 70.390 Trustws ol ihe trustees wy ¢￿DecI@d wllh Ih8ml r￿1¥•1 any rornun8r8trJn or ￿￿er11S from the Socioly dunng Ihè year. NORTHERN COUNTIES HORSES AND SMALLER ANIMALS PROTECTION SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDEO 31 MARCH 2025 Employ¢o$ Th& avefage rTh)ntNy Nmbw ol em￿9y¢*5 thffi.ng tho ygar was.. 2025 Numbèf 2C*24 Niimb•r knim81 rgfvge 12 Employment co¥1• 2025 2024 Wag95 and s818rle5 SOCLI security c0515 her ponsion costs 216,125 11,264 4.384 198.SOI 9.140 3.927 231,773 211.568 Kay man8gwient Pgr50nnd rmiwatty￿ £32,47612024: £29,226). There were eW)yees V+*KKs8 annual rtmunerallon was than £60.0(MI. 10 Other expenditurn Unrestrlct•d UnMlrl¢t•d tunds lund8 21125 2024 Nel loss on ¢Jsp)sa oftangts* ffixed asso 70,390 NORTHERN COUNTIES HORSES AND SMALLER ANIMALS PROTECTION SOCIETY NOTES TO THE FINANCIAL STATEMENTS {CONTINUEO) FOR THE YEAR ENDED 31 MARCH 2025 11 Tangibl• fix•d assets FrEehg14 I•￿1 Flxwrns •ttd J L4thlln l(enrwl¥, shehv> e Tolal Cosl Al 1 April 2024 Additions 328.922 15.688 11.240 235.789 .588 20,588 At 31 March 20Z5 328,W22 15,688 11,240 250.311 612,22 1 D•pro¢iation and impairment Al I ￿ri1 202 Oepr8clalkJn ¢h8igg(l in ye 109,773 6,S77 11.029 10.986 63 1,002 12,S82 132,￿0 19.921 Al 31 March 202$ 115.850 11,728 11,049 13.584 152.211 Carrylng omount At 31 Marth 2025 213.072 191 242,793 460.016 At 31 Marth 2024 219.649 4.659 254 234.787 459,349 12 Stor*3 2025 2Q24 Ailin￿ ToorJ$tutfs arr) m&rchaMJise 1.500 1,381 IJ D•blor8 2025 2024 Amounts falling thi* withkn year. Oiher debtcKs Propayme.Its and arirued 12.458 29,867 5.C58 82.967 42.325 88.Q25 14 Creditors.. aThunts falllng due wlthln on• yoar 2Q25 2024 Other laX￿10Th and soc4•1 Se￿tY O',her creditors A￿r￿al5 ￿)d deferred Incom• 3,285 835 2.756 1.525 84.121 18.659 88.408 NORTHERN COUNTIES HORSES AND SMALLER ANIMALS PROTECTION SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 R•tSrom¢nt b•n•fft s¢￿M 2025 2024 O•finod contrlbutlon $¢hemes ry18r9e to profrt or kss in rospe￿ of (Jefo*d gthen 3,927 Tho Sc¢kly operaie$ o deknwj OxrtrlbutM￿ ￿n￿n sc*w* all qualIfyw￿ enployees. assets ol Ihe gchem8 h6hJ SOPArat•ly from thosa OF Iho &￿"éty ffi an ￿epend8￿tIY 8dftkni51w*J fund. 16 Unrwtrl¢l•d fu•)ds. The vnresirtthd fvnds of tho eharfy compv5e xpended ba18nc¢s d donations a￿1 which ¥ nol sU￿.c¢t to specific cwdibons by atHJ granlors as to they may b8 used These ndude designaled ￿tKts whKa) have been W #SK* 4Xrtal wweslrkted fL#¥Js by ts I¥uslees fLY 5pwSc purposes. Al 1 Awll R*souKes At 31 Marth 2024 expended 2025 Incoming r•souK•s Ggner81 funds 1.823.025 619.878 1408,3351 2.034.568 Pwevlou5 y••r. A11Aw 2023 1￿cOmIng r•sour¢•s Re50urces At 31 March •XPond•d 2024 lunds 1.722.732 18.398 {4￿.10￿1 1.623 025 17 Capltsl commltm•nts 2025 2024 Am¢)unls (yJnlr¥ded tsr fxAI mkJ80 in ￿ finantial statemeol$: 2025 2024 A¢qui4rt￿ of woperty. ￿nI ewipff*nt 203,C( 18 Rolated party tran￿ellOnS There wero rK• dMclosa40 Tr181ed pwty LwaclKM)s year (2024. NORTHERN COUNTIES HORSES AND SMALLER ANIMALS PROTECTION SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2025 18 Cash gen•raled from op•r•tloFbs 202S 2024 Swplus ltr the year 211,543 100,293 Adjustrnent3 for. Ini*J¥tlTltsnl inwYll8 ro¢ogn15•d n slalemenl of finanoal WIMI IGainV,'os$ or thsposal ol tar￿4b1e fixwj cissf>l$ DOpr￿lab0n 8nG Smpdmient of tsngknlè fixeu assets 121.6431 123,8531 70.390 10,403 19,921 Plovements In wor*lng wlt81'. Ilncreasel in s'.ocks 08creasd'increasel in debicys 10ecrease￿ncre8$6 kn cr￿110($ 140 168.2991 74,859 45,7(Xl 169,7491 C￿h geneiated from operallons 185.653 I￿,753 Anafysls of changès In n•1 ￿ndS Thty So¢￿ty had mat¢tk4 (kLrt