|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|4|
|Report ofthe Independent
Auditors|5|to|6|
|Statement of Financial Activities||||
|Balance Sheet||||
|Cash Flow Statement||||
|Notes to the Cash Flow Statement||10||
|Notes to the Financial Statements|11|to|18|
|Detailed Statement of Financial Activities|19|to|20|
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||||for the|Year Ended|30September|2020|||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
||||||Unrestricted|Restricted|Total|Total|
||||||fund|funds|funds|funds|
|||||Notes|f|f|f|f|
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations
and legacies||||2|1,191,173||1,191,173|289,157|
|Charitable
activities|||||||||
|Animal
welfare income|||||56,512||56,512|39,262|
|Other trading
activities|||||290,402||290,402|296,145|
|Investment
income|||||11,736||11,736|18,361|
|Total|||||1,549,823||1,549,823|642,925|
|EXPENDITURE ON|||||||||
|Raising funds|||||204,506||204,506|200,695|
|Charitable
activities|||||||||
|Animal
welfare costs|||||129,025||129,025|140,086|
|Sanctuary
establishment|costs||||498,498|1,851|500,349|520,912|
|Other|||||112,647||112,647|111,696|
|Total|||||944,676|1,851|946,527|973,389|
|Net gains on investments|||||3,639||3,639|30,387|
|NET INCOME/(EXPENDITURE)|||||608,786|(1,851)|606,935|(300,077)|
|Other recognised
gains/(losses)|||||||||
|Gains/(losses)
on revaluation||of|fixed assets||(1 5,879)||(15,879)|(27,186)|
|Net movement
in funds|||||592,907|(1,851)|591,056|(327,263)|
|RECONCILIATION
OF FUNDS|||||||||
|Total funds brought
forward|||||1,590,481|12,341|1,602,822|1,930,085|
|TOTAL FUNDS CARRIED FORWARD|||||2,183,388|10,490|2,193,878|1,602,822|
##
||||||2020|2019|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||Notes|f|f|f|f|
|FIXEDASSETS|||||||
|Tangible assets||13|745,417|10,490|755,907|809,179|
|Investments||14|461,747||461,747|516,422|
||||1,207,164|10,490|1,217,654|1,325,601|
|CURRENT ASSETS|||||||
|Debtors||15|629,605||629,605|237,804|
|Cash at bank and|in hand||414,863||414,863|100,705|
||||1,044,468||1,044,468|338,509|
|CREDITORS|||||||
|Amounts
falling due within one year||16|(68,244)||(68,244)|(61,288)|
|NET CURRENT ASSETS|||976,224||976,224|277,221|
|TOTAL ASSETS LESSCURRENT LIABILITIES|||2,183,388|10,490|2,193,878|1,602,822|
|NET ASSETS|||2,183,388|10,490|2,193,878|1,602,822|
|FUNDS||17|||||
|Unrestricted
funds|||||2,183,388|1,590,481|
|Restricted funds|||||10,490|12,341|
|TOTAL FUNDS|||||2,193,878|1,602,822|
##
|||||Cash Flow Statement|Cash Flow Statement||
|---|---|---|---|---|---|---|
|||||for the Year Ended 30September 2020|||
||||||2020|2019|
|||||Notes|f|f|
|Cash flows from|operating|activities|||||
|Cash generated
from operations|||||269,641|(314,850)|
|Net cash provided|by/(used|in)|operating
activities||269,641|(314,850)|
|Cash flows from|investing|activities|||||
|Purchase oftangible
fixed assets|||||(9,654)|(107,071)|
|Sale of fixed asset|investments||||42,435|354,422|
|Interest received|||||11,736|18,361|
|Net cash provided|by investing||activities||44,517|265,712|
|Change in cash and cash equivalents||||in the|||
|reporting
period|||||314,158|(49,138)|
|Cash and cash equivalents||at|the||||
|beginning
ofthe|reporting|period|||100,705|149,843|
|Cash and cash equivalents||at|the end|of|||
|the reporting
period|||||414,863|100,705|
##
##
||for the Year Ended 3|for the Year Ended 3|for the Year Ended 3|0September 2020|||
|---|---|---|---|---|---|---|
|RECONCILIATION|OF NET INCOME/(EXPENDITURE)|||TO NET CASH FLOW|FROM OPERATING|ACTIVITIES|
||||||2020|2019|
||||||f|f|
|Net income/(expenditure)||for the reporting|period|(as per the|||
|Statement of Financial Activities)|||||606,935|(300,077)|
|Adjustments
for:|||||||
|Depreciation
charges|||||62,926|68,783|
|Gain on investments|||||(3,639)|(30,387)|
|Interest received|||||(11,736)|(18,361)|
|Increase
in debtors|||||(391,801)|(1,679)|
|Increase/(decrease)|in creditors||||6,956|(33,129)|
|Net cash provided|by/(used|in) operations|||269,641|(314,850)|
##
##
|||At 1.10.19|Cash flow|At 30.9.20|
|---|---|---|---|---|
|||f|f|f|
|Net cash|||||
|Cash at bank and|in hand|100,705|314,158|414,863|
|||100,705|314,158|414,863|
|Total||100,705|314,158|414,863|
##
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##
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##
##
##
|||||for the|Year Ended 30September 20|20||
|---|---|---|---|---|---|---|---|
|DONATIONS|AND LEGACIES|||||||
|||||||2020|2019|
|||||||f|f|
|Legacies||||||831,530|110,730|
|Subscriptions|&donations|||||359,643|178,427|
|||||||1,191,173|289,157|
|OTHER TRADING||ACTIVITIES||||||
|||||||2020|2019|
|||||||f|f|
|Shop income||||||178,356|296,145|
|Furlough
grants||||||30,297||
|Coronavirus
retail||grants||||81,749||
|||||||290,402|296,145|
|INVESTMENT|INCOME|||||||
|||||||2020|2019|
||||||||f|
|Deposit account interest||||||462|975|
|UK listed investments||||||11,274|17,386|
|||||||11,736|18,361|
|INCOME FROM CHARITABLE||||ACTIVITIES||||
|||||||2020|2019|
|||||Activity||f|f|
|Takings
—Stadhampton||||Animal|welfare income|56,512|39,262|
|RAISING FUNDS||||||||
|Other trading|activities|||||||
|||||||2020|2019|
||||||||f|
|Staff costs||||||115,365|100,215|
|Bad debts|||||||100|
|Rent ofshops|&,storage|||||53,272|68,421|
|Rates
—shops||||||4,152|6,200|
|Light &.heat
—shops||||||6,027|4,904|
|Telephone
—shops||||||1,674|2,796|
|Insurance
—shops||||||979|2,353|
|Repair &maintenance|||—shops|||5,943|6,059|
|Waste disposal|—shops|||||8,335|7,272|
|General expenses||—shops||||8,759|2,375|
|||||||204,506|200,695|
##
##
##
##
##
##
|CHARITABLE ACTIV|ITIE|S COSTS||||
|---|---|---|---|---|---|
|||||Support||
||||Direct|costs (see||
||||Costs
f|note 8)
f|Totals
f|
|Animal
welfare costs|||129,025||129,025|
|Sanctuary
establishment||costs|437,422|62,927|500,349|
||||566,447|62,927|629,374|
|SUPPORT COSTS||||||
||||||Governance|
||||||costs|
||||||f|
|Other resources expended|||||112,647|
|Sanctuary
establishment||costs|||62,927|
||||||175,574|
|NET INCOME/(EXPENDITURE)||||||
|Net income/(expenditure)||is stated after charging/(crediting):||||
|||||2020|2019|
|||||f|f|
|Auditors'
remuneration||||5,000|5,000|
|Depreciation
—owned|assets|||62,926|68,783|
|Legal 8t Professional|fees|||2,629|4,123|
|Accountancy
8t bookkeeping||||31,755|20,891|
##
##
##
##
|STAFF COS|TS|||||
|---|---|---|---|---|---|
|||||2020|2019|
|||||f|f|
|Wages and|salaries|||460,270|462,593|
|Other pension costs||||7,291|3,250|
|||||467,561|465,843|
|The average|monthly|number of employees|during the year was as follows:|||
|||||2020|2019|
|Sanctuary||||18|22|
|Shop management||||9|5|
|||||27|27|
##
##
##
##
||No employees
received emo|No employees
received emo|luments
in excess off60,000.|luments
in excess off60,000.||||
|---|---|---|---|---|---|---|---|
|12.|COMPARATIVES
FOR THE||STATEMENT OF FINANCIAL ACTIVITIES|||||
||||||Unrestricted|Restricted|Total|
||||||fund|funds|funds|
||||||f|f|f|
||INCOME AND ENDOWMENTS|||FROM||||
||Donations
and legacies||||319,155|(29,998)|289,157|
||Charitable
activities|||||||
||Animal
welfare income||||39,262||39,262|
||Other trading
activities||||296,145||296,145|
||Investment
income||||18,361||18,361|
||Total||||672,923|(29,998)|642,925|
||EXPENDITURE ON|||||||
||Raising funds||||200,695||200,695|
||Charitable
activities|||||||
||Animal
welfare costs||||140,086||140,086|
||Sanctuary
establishment|costs|||518,734|2,178|520,912|
||Other||||111,696||111,696|
||Total||||971,211|2,178|973,389|
||Net gains on investments||||30,387||30,387|
||NET INCOME/(EXPENDITURE)||||(267,901)|(32,176)|(300,077)|
||Other recognised
gains/(losses)|||||||
||Gains/(losses)
on revaluation||of|fixed assets|(27,186)||(27,186)|
||Net movement
in funds||||(295,087)|(32,176)|(327,263)|
||RECONCILIATION
OF FUNDS|||||||
||Total funds brought
forward||||1,885,568|44,517|1,930,085|
||TOTAL FUNDS CARRIED FORWARD||||1,590,481|12,341|1,602,822|
##
##
##
|TANGIBLE FIXEDASSETS||||||
|---|---|---|---|---|---|
|||Improvements||||
||Freehold|to|Equipment|Motor||
||property
f|property
f|&kennels
f|vehicles
f|Totals
f|
|COST||||||
|At 1 October 2019|702,153||490,904|14,870|1,207,927|
|Additions||6,542|3,112||9,654|
|At 30September 2020|702,153|6,542|494,016|14,870|1,217,581|
|DEPRECIATION||||||
|At 1 October 2019|166,196||220,968|11,584|398,748|
|Charge for year|20,886|262|40,957|821|62,926|
|At 30September 2020|187,082|262|261,925|12,405|461,674|
|NET BOOK VALUE||||||
|At 30September 2020|515,071|6,280|232,091|2,465|755,907|
|At 30September 2019|535,957||269,936|3,286|809,179|
##
##
|FIXEDASSETINVESTMENTS||
|---|---|
||Listed|
||investments|
||f|
|MARKET VALUE||
|At 1 October 2019|444,032|
|Disposals|(38,796)|
|At 30September 2020|405,236|
|PROVISIONS||
|At 1 October 2019|(72,390)|
|Provision for year|15,879|
|At 30September 2020|(56,511)|
|NET BOOK VALUE||
|At 30September 2020|461,747|
|At 30September 2019|516,422|
##
##
##
##
|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||||f|E|
|Other debtors||||||596,978|194,654|
|VAT||||||11,989|11,104|
|Prepayments||and accrued income||||11,263|21,671|
|Rent deposits||||||9,375|10,375|
|||||||629,605|237,804|
|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||||
|||||||2020|2019|
|||||||f|E|
|Trade creditors||||||52,869|45,443|
|Social security||and other|taxes||||5,697|
|Accrued|expenses|||||15,375|10,148|
|||||||68,244|61,288|
|MOVEMENT||IN FUNDS||||||
|||||||Net||
||||||At|movement|At|
||||||1.10.19|in funds|30.9.20|
||||||f|f|f|
|Unrestricted||funds||||||
|General|fund||||1,590,481|592,907|2,183,388|
|Restricted funds||||||||
|Exercise|Area||||2,641|(396)|2,245|
|Kennel|heating||||7,966|(1,195)|6,771|
|Kennels|||||939|(141)|798|
|Dog wash shed|||||795|(119)|676|
||||||12,341|(1,851)|10,490|
|TOTAL|FUNDS||||1,602,822|591,056|2,193,878|
|Net movement||in funds,|included|in the above are as follows:||||
|||||Incoming|Resources|Gains and|Movement|
|||||resources|expended|losses|in funds|
|||||||E||
|Unrestricted||funds||||||
|General|fund|||1,549,823|(944,676)|(12,240)|592,907|
|Restricted funds||||||||
|Exercise|Area||||(396)||(396)|
|Kennel|heating||||(1,195)||(1,195)|
|Kennels|||||(141)||(141)|
|Dog wash shed|||||(119)||(119)|
||||||(1,851)||(1,851)|
|TOTAL|FUNDS|||1,549,823|(946,527)|(12,240)|591,056|
##
##
##
##
||||||||Net||
|---|---|---|---|---|---|---|---|---|
|||||||At|movement|At|
|||||||1.10.18|in funds|30.9.19|
|||||||f|f|f|
|Unrestricted||funds|||||||
|General|fund|||||1,885,568|(295,087)|1,590,481|
|Restricted funds|||||||||
|Exercise|Area|||||3,106|(465)|2,641|
|Kennel|heating|||||9,371|(1,405)|7,966|
|Kennels||||||31,105|(30,166)|939|
|Dog wash shed||||||935|(140)|795|
|||||||44,517|(32,176)|12,341|
|TOTAL|FUNDS|||||1,930,085|(327,263)|1,602,822|
|Comparative||net movement|in funds, included|in the above|are as follows:||||
|||||Incoming||Resources|Gains and|Movement|
|||||resources
E||expended
f|losses
f|in funds
f|
|Unrestricted||funds|||||||
|General|fund|||672,923||(971,211)|3,201|(295,087)|
|Restricted funds|||||||||
|Exercise|Area||||1|(466)||(465)|
|Kennel|heating||||1|(1,406)||(1,405)|
|Kennels||||(30,000)||(166)||(30,166)|
|Dog wash shed||||||(140)||(140)|
|||||(29,998)||(2,178)||(32,176)|
|TOTAL|FUNDS|||642,925||(973,389)|3,201|(327,263)|
|||||Net||
|---|---|---|---|---|---|
||||At|movement|At|
||||1.10.18|in funds|30.9.20|
||||f|f|f|
|Unrestricted||funds||||
|General|fund||1,885,568|297,820|2,183,388|
|Restricted funds||||||
|Exercise|Area||3,106|(861)|2,245|
|Kennel|heating||9,371|(2,600)|6,771|
|Kennels|||31,105|(30,307)|798|
|Dog wash shed|||935|(259)|676|
||||44,517|(34,027)|10,490|
|TOTAL|FUNDS||1,930,085|263,793|2,193,878|
##
##
##
##
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
||||f|E|E|f|
|Unrestricted||funds|||||
|General|fund||2,222,746|(1,915,887)|(9,039)|297,820|
|Restricted funds|||||||
|Exercise|Area||1|(862)||(861)|
|Kennel|heating||1|(2,601)||(2,600)|
|Kennels|||(30,000)|(307)||(30,307)|
|Dog wash shed||||(259)||(259)|
||||(29,998)|(4,029)||(34,027)|
|TOTAL|FUNDS||2,192,748|(1,919,916)|(9,039)|263,793|
##
##
||for th|e Year Ended 30September|2020|||
|---|---|---|---|---|---|
|||||2020|2019|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||f|f|f|f|
|INCOME AND ENDOWMENTS||||||
|Donations
and legacies||||||
|Legacies||831,530||831,530|110,730|
|Subscriptions
&donations||359,643||359,643|178,427|
|||1,191,173||1,191,173|289,157|
|Other trading
activities||||||
|Shop income||178,356||178,356|296,145|
|Furlough
grants||30,297||30,297||
|Coronavirus
retail grants||81,749||81,749||
|||290,402||290,402|296,145|
|Investment
income||||||
|Deposit account interest||462||462|975|
|UK listed investments||11,274||11,274|17,386|
|||11,736||11,736|18,361|
|Charitable
activities||||||
|Takings
—Stadhampton||56,512||56,512|39,262|
|Total incoming
resources||1,549,823||1,549,823|642,925|
|EXPENDITURE||||||
|Other trading
activities||||||
|Wages||113,735||113,735|98,857|
|Pensions||1,630||1,630|1,358|
|Bad debts|||||100|
|Rent of shops &storage||53,272||53,272|68,421|
|Rates
—shops||4,152||4,152|6,200|
|Light & heat
—shops||6,027||6,027|4,904|
|Telephone
—shops||1,674||1,674|2,796|
|Insurance
—shops||979||979|2,353|
|Repair &maintenance|—shops|5,943||5,943|6,059|
|Waste disposal
—shops||8,335||8,335|7,272|
|General expenses
—shops||8,759||8,759|2,375|
|||204,506||204,506|200,695|
|Charitable
activities||||||
|Stadhampton
wages||346,535||346,535|363,736|
|Pensions||5,661||5,661|1,892|
|Rates
—Stadhampton||9,774||9,774|6,503|
|Insurance
—sanctuary||10,082||10,082|10,269|
|Light & heat
—sanctuary||18,205||18,205|18,449|
|Telephone||3,439||3,439|1,257|
|Advertising
—sanctuary||4,743||4,743|4,932|
|Carried forward||398,439||398,439|407,038|
##
##
##
|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
|||||f|f|f|f|
|Charitable
activities||||||||
|Brought forward||||398,439||398,439|407,038|
|Staff training||||4,307||4,307|883|
|Animal food &bedding||||25,953||25,953|28,489|
|Veterinary
fees &medicines||||82,866||82,866|88,443|
|Repairs &maintenance||—Stadha mpton||10,024||10,024|17,321|
|Waste disposal
—sanctuary||||14,728||14,728|18,078|
|Cleaning & laundry||||11,482||11,482|8,146|
|Animal
bedding||||2,594||2,594|1,477|
|Animal
behaviourist||||10,230||10,230|17,892|
|Animal
sundries||||5,824||5,824|1,893|
|||||566,447||566,447|589,660|
|Support costs||||||||
|Governance
costs||||||||
|Auditors'
remuneration||||5,000||5,000|5,000|
|Investment
management|||fees|(6,015)||(6,015)|9,729|
|Legal &professional||fees||2,629||2,629|4,123|
|Accountancy
& bookkeeping||||30,755||30,755|20,891|
|Motor &travelling|expenses|||6,208||6,208|5,883|
|Postage and stationery||||4,077||4,077|3,922|
|Sundries||||2,104||2,104|5,535|
|Consultancy
fees|||||||9,000|
|Bank charges||||5,287||5,287|6,603|
|Fundraising
& PR||||30,000||30,000|30,429|
|Website &marketing||||32,602||32,602|13,136|
|Freehold
property||||20,886||20,886|20,086|
|Improvements
to property||||262||262||
|Plant and machinery||||39,106|1,851|40,957|47,602|
|Motor vehicles||||822||822|1,095|
|||||173,723|1,851|175,574|183,034|
|Total resources expended||||944,676|1,851|946,527|973,389|
|Net (expenditure)/income|||before gains and|||||
|losses||||605,147|(1,851)|603,296|(330,464)|
|Realised recognised||gains|and losses|||||
|Realised gains/(losses)||on fixed asset investments||3,639||3,639|30,387|
|Net (expenditure)/income||||608,786|(1,851)|606,935|(300,077)|