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2023-09-30-accounts

REGISTERED COMPANY NUMBER: 04102882 (England and Wales) REGISTERED CHARITY NUMBER: 254642-1

The Oxfordshire Animal Sanctuary

Report of the Trustees and

Financial Statements for the Year Ended 30 September 2023

The Oxfordshire Animal Sanctuary

Contents of the Financial Statements for the Year Ended 30 September 2023

Page
Report of the trustees 1 to 3
Report of the independent auditors 4 to 5
Statement of financial activities 6
Balance sheet 7
Cash flow statement 8
Notes to the cash flow statement 9
Notes to the financial statements 10 to 17
Detailed statement of financial activities 18 to 19

The Oxfordshire Animal Sanctuary

Report of the Trustees for the Year Ended 30 September 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of the charity are the establishment and maintenance of a Sanctuary where unwanted or stray animals of all kinds can be received at all times and to find good permanent homes for such animals or, if unsuccessful, to keep them in the sanctuary for the rest of their lives so long as it is practical to do so.

The policy of the charity continues to be to seek the necessary finance and support to continue to operate the Sanctuary so as to comply with the above objectives.

Public benefit

Our stated objectives and activities deliver public benefit by promoting human morality through the encouragement of kindness to animals and discouraging cruelty to animals. By rehoming animals, we seek to create happy homes for humans and animals alike.

We have referred to the guidance contained in the Charity Commissions general guidance on public benefit when reviewing our aims and objectives in planning our future activities.

STRATEGIC REPORT

Achievement and performance

Charitable activities

The trustees consider that the overall performance of the charity during the year has been satisfactory. Over the period 112 dogs were admitted and 119 were adopted. 317 cats arrived and 287 were found new homes. New arrivals of rabbits totalled 119 and 108 were rehomed.

The staff at the Sanctuary should again be congratulated on their continuing level of hard work in their care of the animals.

The charity would not be able to provide the service of caring for animals without the valuable assistance of the numerous willing supporters and volunteers.

Financial review

Investment policy and objectives

The substantial legacy accounted for in 2015 which crystallised in 2016 in the form of a share portfolio is reflected in note 14.

The remainder of the charity's investment funds are held in the form of a bank base rate tracker deposit account. This provides for immediate access to these monies in the form of periodic transfers to the current bank account, at the same time ensuring a reasonable rate of interest on the deposit funds held.

Current year

Total incoming resources amounted to £1,277,789 (2022 £1,011,680), of which legacies accounted for £353,932 (2022 £172,465). The total realised gain on share investments amounted to £NIL (2022 £985). Total resources expended were £1,165,552 (2022 £1,030,113) and this has resulted in a surplus for the year of £112,236 (2022 deficit £17,448), before unrealised gains.

Unrealised gains represent the increase or (decrease) in market value of investments held that are not yet sold.

Net current assets have increased from £608,374 to £692,485

Reserves at the end of the financial period equal £2,157,824 ( 2022 £2,041,483)

Reserves policy

Given the unpredictable nature of incoming resources relating to legacies, it is now the policy of the charity to aim to maintain unrestricted funds at a level which equates to at least 36 months unrestricted expenditure. This should then provide sufficient funds to cover management and administrative support costs.

Page 1

The Oxfordshire Animal Sanctuary

Report of the Trustees for the Year Ended 30 September 2023

STRATEGIC REPORT

Future plans

Fund raising and publicity initiatives are planned in order to continue to spread the word regarding the valuable work of the charity in these difficult economic times.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Oxfordshire Animal Sanctuary is a company limited by guarantee and a registered charity governed by its Memorandum and Articles of Association. The company was incorporated on 6 November 2000 and registered as a charity on 14 April 2003.

Recruitment and appointment of new trustees

When a vacancy arises, new trustees are appointed by the existing trustees. The new trustee is generally only selected on the basis of his or her known support for the aims of the charity and typically this support will have existed for a number of years.

Organisational structure

The charity is managed by the trustees. The charity employs a manager who is responsible for the day to day running of the Sanctuary as well as other operational duties. A body of employees look after the animals. Managers are employed to run each of the shops, volunteers are also utilised to assist the Sanctuary manager and the shop managers.

Induction and training of new trustees

The induction and training of new trustees involves making them aware of their responsibilities, the governing document and the administrative procedures of the charity.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

04102882 (England and Wales)

Registered Charity number

254642-1

Registered office

The Village Green Watlington Road Stadhampton Oxfordshire OX44 7UB

Trustees

Mr C M Andrews (Chairman) Mrs S M Hodby (Secretary) Mr K E Cross (Treasurer) Ms M R Herring (Finance Officer) Mr C Mccreedy Ms C Markiw (resigned 26.9.23) Ms K Simpson Mrs J Parkin-Morse (appointed 9.6.23) Mrs C Dawson (appointed 9.6.23)

Company Secretary

Linnells Secretarial Services Limited

Auditors

Cunnington & Co Limited Edward House Grange Business Park Whetstone Leicestershire LE8 6EP

Page 2

The Oxfordshire Animal Sanctuary

Report of the Trustees for the Year Ended 30 September 2023

REFERENCE AND ADMINISTRATIVE DETAILS Bankers

Barclays Bank Plc 211-213 Banbury Road Oxford OX2 7HH

Solicitors

Blake Lapthorn Seacourt Tower West Way Botley Oxford OX2 0FB

Accountants

Rachel Rahman Limited Chartered Certified Accountants 178 The Moors Kidlington Oxford OX5 2AD

TRUSTEES' RESPONSIBILITY STATEMENT

The trustees (who are also the directors of The Oxfordshire Animal Sanctuary for the purposes of company law) are responsible for preparing the Report of the trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

AUDITORS

The auditors, Cunnington & Co Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Report of the trustees, incorporating a Strategic report, approved by order of the board of trustees, as the company directors, on 28 June 2024 and signed on the board's behalf by:

Mr C M Andrews - Trustee

Page 3

Report of the Independent Auditors to the Members of The Oxfordshire Animal Sanctuary

Opinion

We have audited the financial statements of The Oxfordshire Animal Sanctuary (the 'charitable company') for the year ended 30 September 2023 which comprise the Statement of financial activities, the Balance sheet, the Cash flow statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual report, other than the financial statements and our Report of the independent auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Page 4

Report of the Independent Auditors to the Members of The Oxfordshire Animal Sanctuary

Responsibilities of trustees

As explained more fully in the Trustees' responsibilities statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the independent auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

As part of designing our audit, we determined materiality and assessed the risks of material misstatement in the financial statements, including how fraud may occur by enquiring of management of its own consideration of fraud. We did not identify any key audit matters relating to irregularities, including fraud.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Graham Smith FCCA, CMgr, FCMI (Senior Statutory Auditor) for and on behalf of Cunnington & Co Limited Edward House Grange Business Park Whetstone Leicestershire LE8 6EP

28 June 2024

Page 5

The Oxfordshire Animal Sanctuary

Statement of Financial Activities for the Year Ended 30 September 2023

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
5
Animal welfare income
Other trading activities
3
Investment income
4
Total
EXPENDITURE ON
Raising funds
6
Charitable activities
7
Animal welfare costs
Sanctuary establishment costs
Other
Total
Net gains on investments
NET INCOME/(EXPENDITURE)
Other recognised gains/(losses)
Gains/(losses) on revaluation of fixed assets
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
810,972
67,599
365,148
33,069
1,276,788
274,037
167,808
567,242
155,328
1,164,415
-
112,373
4,105
116,478
2,033,904
2,150,382		 Restricted
funds
£
1,000
-
-
-
1,000
-
-
1,137
-
1,137
-
(137)
-
(137)
7,579
7,442		 2023
Total
funds
£
811,972
67,599
365,148
33,069
1,277,788
274,037
167,808
568,379
155,328
1,165,552
-
112,236
4,105
116,341
2,041,483
2,157,824		 2022
Total
funds
£
568,174
86,446
337,956
19,104
1,011,680
247,656
126,613
520,033
135,811
1,030,113
985
(17,448)
(114,280)
(131,728)
2,173,211
2,041,483

The notes form part of these financial statements

Page 6

The Oxfordshire Animal Sanctuary

Balance Sheet 30 September 2023

Notes
FIXED ASSETS
Tangible assets
13
Investments
14
CURRENT ASSETS
Stocks
15
Debtors
16
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
17
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
19
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
fund
£
684,484
774,413
1,458,897
7,830
185,685
579,978
773,493
(82,008)
691,485
2,150,382
2,150,382		 Restricted
funds
£
6,442
-
6,442
-
-
1,000
1,000
-
1,000
7,442
7,442		 2023
Total
funds
£
690,926
774,413
1,465,339
7,830
185,685
580,978
774,493
(82,008)
692,485
2,157,824
2,157,824
2,150,382
7,442
2,157,824		 2022
Total
funds
£
686,924
746,185
1,433,109
5,565
189,472
474,493
669,530
(61,156)
608,374
2,041,483
2,041,483
2,033,904
7,579
2,041,483

The financial statements were approved by the Board of Trustees and authorised for issue on 28 June 2024 and were signed on its behalf by:

Mr C M Andrews - Trustee

The notes form part of these financial statements

Page 7

The Oxfordshire Animal Sanctuary

Cash Flow Statement for the Year Ended 30 September 2023

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Purchase of fixed asset investments
Sale of fixed asset investments
Interest received
Net cash used in investing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 2023
£
153,393
153,393
(55,854)
(24,123)
-
33,069
(46,908)
106,485
474,493
580,978		 2022
£
184,265
184,265
(28,818)
(351,104)
20,961
19,104
(339,857)
(155,592)
630,085
474,493

The notes form part of these financial statements

Page 8

The Oxfordshire Animal Sanctuary

Notes to the Cash Flow Statement for the Year Ended 30 September 2023

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES
2023 2022
£ £
Net income/(expenditure) for the reporting period (as per the
Statement of financial activities) 112,236 (17,448)
Adjustments for:
Depreciation charges 51,852 54,654
Losses on investments - (985)
Interest received (33,069) (19,104)
Increase in stocks (2,265) (1,370)
Decrease in debtors 3,787 150,780
Increase in creditors 20,852 17,738
Net cash provided by operations 153,393 184,265

2. ANALYSIS OF CHANGES IN NET FUNDS

ANALYSIS OF CHANGES IN NET FUNDS
Net cash
Cash at bank and in hand
Total		 At 1.10.22
£
474,493
474,493
474,493		 Cash flow
£
106,485
106,485
106,485		 At 30.9.23
£
580,978
580,978
580,978

The notes form part of these financial statements

Page 9

The Oxfordshire Animal Sanctuary

Notes to the Financial Statements for the Year Ended 30 September 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 4% on cost Improvements to property - 4% on cost Equipment & kennels - 15% on reducing balance Motor vehicles - 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Value added tax

Value added tax is recoverable by the charity and as such is excluded from the relevant income and costs in the Statement of Financial Activities.

Investments

Investments held as fixed assets are revalued at mid-market value at the balance sheet date. The Statement of Financial Activities includes the net gains or losses arising on revaluation.

continued...

Page 10

The Oxfordshire Animal Sanctuary

Notes to the Financial Statements - continued for the Year Ended 30 September 2023

2.
DONATIONS AND LEGACIES
Legacies
Subscriptions & donations
3.
OTHER TRADING ACTIVITIES
Shop income
Coronavirus retail grants
4.
INVESTMENT INCOME
Deposit account interest
UK listed investments
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Takings - Stadhampton
Animal welfare income
6.
RAISING FUNDS
Other trading activities
Staff costs
Rent of shops & storage
Rates - shops
Light & heat - shops
Insurance - shops
Repair & maintenance - shops
Waste disposal - shops
General expenses - shops		 2023
£
353,932
458,040
811,972
2023
£
365,148
-
365,148
2023
£
9,229
23,840
33,069
2023
£
67,599
2023
£
167,347
68,332
5,909
5,256
1,870
3,925
10,856
10,542
274,037		 2022
£
172,465
395,709
568,174
2022
£
334,517
3,439
337,956
2022
£
1,678
17,426
19,104
2022
£
86,446
2022
£
129,506
84,450
4,385
2,258
1,892
5,867
9,966
9,332
247,656

continued...

Page 11

The Oxfordshire Animal Sanctuary

Notes to the Financial Statements - continued for the Year Ended 30 September 2023

7. CHARITABLE ACTIVITIES COSTS

Animal welfare costs
Sanctuary establishment costs
SUPPORT COSTS
Other resources expended
Sanctuary establishment costs		 Direct
Costs
£
167,808
520,745
688,553		 Support
costs (see
note 8)
£
-
47,634
47,634		 Totals
£
167,808
568,379
736,187
Governance
costs
£
155,328
47,634
202,962

8. SUPPORT COSTS

9. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Auditors' remuneration
Depreciation - owned assets
Legal & Professional fees
Accountancy & bookkeeping		 2023
£
5,000
51,852
10,271
42,265		 2022
£
5,000
54,654
2,598
42,585

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 September 2023 nor for the year ended 30 September 2022.

Trustees' expenses

Expenses were reimbursed to trustees amounting to £379.27.

A payment of £229.90 was made to Mr C M Andrews in relation to a subscription for Zoom, thank you flowers and a training course.

A payment of £65 was made to Ms K Simpson in relation to a training course.

A payment of £65 was made to Mrs J Parkin-Morse in relation to a training course.

A payment of £19.37 was made to Mr K E Cross in relation to travel.

In 2022 expenses were reimbursed to trustee Mr C M Andrews amounting to £119.90 in relation to a subscription for Zoom.

continued...

Page 12

The Oxfordshire Animal Sanctuary

Notes to the Financial Statements - continued for the Year Ended 30 September 2023

11. STAFF COSTS

Wages and salaries
Other pension costs
The average monthly number of employees during the year was as follows:
Sanctuary
Shop management
No employees received emoluments in excess of £60,000.
12.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
568,174
Charitable activities
Animal welfare income
86,446
Other trading activities
337,956
Investment income
19,104
Total
1,011,680
EXPENDITURE ON
Raising funds
247,656
Charitable activities
Animal welfare costs
126,613
Sanctuary establishment costs
518,696
Other
135,811
Total
1,028,776
Net gains on investments
985
NET INCOME/(EXPENDITURE)
(16,111)
Other recognised gains/(losses)
Gains/(losses) on revaluation of fixed assets
(114,280)
Net movement in funds
(130,391)
RECONCILIATION OF FUNDS
Total funds brought forward
2,164,295
TOTAL FUNDS CARRIED FORWARD
2,033,904		 2023
£
579,662
10,538
590,200
2023
19
8
27
Restricted
funds
£
-
-
-
-
-
-
-
1,337
-
1,337
-
(1,337)
-
(1,337)
8,916
7,579		 2022
£
501,400
8,309
509,709
2022
18
8
26
Total
funds
£
568,174
86,446
337,956
19,104
1,011,680
247,656
126,613
520,033
135,811
1,030,113
985
(17,448)
(114,280)
(131,728)
2,173,211
2,041,483

continued...

Page 13

The Oxfordshire Animal Sanctuary

Notes to the Financial Statements - continued for the Year Ended 30 September 2023

13. TANGIBLE FIXED ASSETS

TANGIBLE FIXED ASSETS
COST
At 1 October 2022
Additions
At 30 September 2023
DEPRECIATION
At 1 October 2022
Charge for year
At 30 September 2023
NET BOOK VALUE
At 30 September 2023
At 30 September 2022		 Freehold
property
£
702,153
-
702,153
227,254
20,086
247,340
454,813
474,899		 Improvements
to
property
£
31,837
53,968
85,805
1,797
3,432
5,229
80,576
30,040		 Equipment
& kennels
£
502,768
1,886
504,654
328,310
26,452
354,762
149,892
174,458		 Motor
vehicles
£
17,465
-
17,465
9,938
1,882
11,820
5,645
7,527		 Totals
£
1,254,223
55,854
1,310,077
567,299
51,852
619,151
690,926
686,924

Included in cost of freehold property is freehold land of £200,000 (2022 £200,000) which is not depreciated.

The trustees are of the opinion that the current market value of the freehold land and buildings is greater than the carrying value in the accounts. However, as no imminent sale of these assets is anticipated, the trustees consider that obtaining a current market value would incur additional costs which would not benefit the operational capacity of the charity.

14. FIXED ASSET INVESTMENTS

MARKET VALUE
At 1 October 2022
Additions
At 30 September 2023
PROVISIONS
At 1 October 2022
Provision for year
At 30 September 2023
NET BOOK VALUE
At 30 September 2023
At 30 September 2022		 Listed
investments
£
732,258
24,123
756,381
(13,927)
(4,105)
(18,032)
774,413
746,185

There were no investment assets outside the UK.

continued...

Page 14

The Oxfordshire Animal Sanctuary

Notes to the Financial Statements - continued for the Year Ended 30 September 2023

15. STOCKS

Stocks
16.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
VAT
Prepayments and accrued income
Rent deposits
17.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Accrued expenses		 2023
£
7,830
2023
£
142,808
16,227
17,275
9,375
185,685
2023
£
63,035
10,473
8,500
82,008		 2022
£
5,565
2022
£
147,429
13,608
19,060
9,375
189,472
2022
£
38,937
8,719
13,500
61,156

18. LEASING AGREEMENTS

Rentals payable under operating leases are charged in the Statement of Financial Activities on a straight line basis over the lease term.

19. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Exercise area
Kennel heating
Kennels
Dog wash shed
Dog memorial garden
TOTAL FUNDS		 At
1.10.22
£
2,033,904
1,622
4,892
577
488
-
7,579
2,041,483		 Net
movement
in funds
£
116,478
(243)
(734)
(87)
(73)
1,000
(137)
116,341		 At
30.9.23
£
2,150,382
1,379
4,158
490
415
1,000
7,442
2,157,824

continued...

Page 15

The Oxfordshire Animal Sanctuary

Notes to the Financial Statements - continued for the Year Ended 30 September 2023

19. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Exercise area
Kennel heating
Kennels
Dog wash shed
Dog memorial garden
TOTAL FUNDS		 Incoming
resources
£
1,276,788
-
-
-
-
1,000
1,000
1,277,788		 Resources
expended
£
(1,164,415)
(243)
(734)
(87)
(73)
-
(1,137)
(1,165,552)		 Gains and
losses
£
4,105
-
-
-
-
-
-
4,105		 Movement
in funds
£
116,478
(243)
(734)
(87)
(73)
1,000
(137)
116,341

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Exercise area
Kennel heating
Kennels
Dog wash shed
TOTAL FUNDS		 At
1.10.21
£
2,164,295
1,908
5,755
679
574
8,916
2,173,211		 Net
movement
in funds
£
(130,391)
(286)
(863)
(102)
(86)
(1,337)
(131,728)		 At
30.9.22
£
2,033,904
1,622
4,892
577
488
7,579
2,041,483

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Exercise area
Kennel heating
Kennels
Dog wash shed
TOTAL FUNDS		 Incoming
resources
£
1,011,680
-
-
-
-
-
1,011,680		 Resources
expended
£
(1,028,776)
(286)
(863)
(102)
(86)
(1,337)
(1,030,113)		 Gains and
losses
£
(113,295)
-
-
-
-
-
(113,295)		 Movement
in funds
£
(130,391)
(286)
(863)
(102)
(86)
(1,337)
(131,728)

continued...

Page 16

The Oxfordshire Animal Sanctuary

Notes to the Financial Statements - continued for the Year Ended 30 September 2023

19. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Exercise area
Kennel heating
Kennels
Dog wash shed
Dog memorial garden
TOTAL FUNDS		 At
1.10.21
£
2,164,295
1,908
5,755
679
574
-
8,916
2,173,211		 Net
movement
in funds
£
(13,913)
(529)
(1,597)
(189)
(159)
1,000
(1,474)
(15,387)		 At
30.9.23
£
2,150,382
1,379
4,158
490
415
1,000
7,442
2,157,824

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Exercise area
Kennel heating
Kennels
Dog wash shed
Dog memorial garden
TOTAL FUNDS		 Incoming
resources
£
2,288,468
-
-
-
-
1,000
1,000
2,289,468		 Resources
expended
£
(2,193,191)
(529)
(1,597)
(189)
(159)
-
(2,474)
(2,195,665)		 Gains and
losses
£
(109,190)
-
-
-
-
-
-
(109,190)		 Movement
in funds
£
(13,913)
(529)
(1,597)
(189)
(159)
1,000
(1,474)
(15,387)

20. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 September 2023.

Page 17

The Oxfordshire Animal Sanctuary

Detailed Statement of Financial Activities for the Year Ended 30 September 2023

INCOME AND ENDOWMENTS
Donations and legacies
Legacies
Subscriptions & donations
Other trading activities
Shop income
Coronavirus retail grants
Investment income
Deposit account interest
UK listed investments
Charitable activities
Takings - Stadhampton
Total incoming resources
EXPENDITURE
Other trading activities
Wages
Pensions
Rent of shops & storage
Rates - shops
Light & heat - shops
Insurance - shops
Repair & maintenance - shops
Waste disposal - shops
General expenses - shops
Charitable activities
Stadhampton wages
Pensions
Rates - Stadhampton
Insurance - sanctuary
Light & heat - sanctuary
Telephone
Advertising - sanctuary
Staff training
Animal food & bedding
Veterinary fees & medicines
Repairs & maintenance - Stadha mpton
Carried forward		 Unrestricted
funds
£
353,932
457,040
810,972
365,148
-
365,148
9,229
23,840
33,069
67,599
1,276,788
164,666
2,681
68,332
5,909
5,256
1,870
3,925
10,856
10,542
274,037
414,996
7,857
10,402
10,810
16,890
6,878
5,902
2,494
29,294
130,707
24,379
660,609		 Restricted
funds
£
-
1,000
1,000
-
-
-
-
-
-
-
1,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 2023
Total
funds
£
353,932
458,040
811,972
365,148
-
365,148
9,229
23,840
33,069
67,599
1,277,788
164,666
2,681
68,332
5,909
5,256
1,870
3,925
10,856
10,542
274,037
414,996
7,857
10,402
10,810
16,890
6,878
5,902
2,494
29,294
130,707
24,379
660,609		 2022
Total
funds
£
172,465
395,709
568,174
334,517
3,439
337,956
1,678
17,426
19,104
86,446
1,011,680
127,722
1,784
84,450
4,385
2,258
1,892
5,867
9,966
9,332
247,656
373,678
6,525
13,567
8,916
15,129
4,626
4,657
875
25,595
92,945
16,086
562,599

This page does not form part of the statutory financial statements

Page 18

The Oxfordshire Animal Sanctuary

Detailed Statement of Financial Activities for the Year Ended 30 September 2023

Charitable activities
Brought forward
Waste disposal - sanctuary
Cleaning & laundry
Animal bedding
Animal behaviourist
Animal sundries
Support costs
Governance costs
Auditors' remuneration
Investment management fees
Legal & professional fees
Accountancy & bookkeeping
Motor & travelling expenses
Postage and stationery
Sundries
Bank charges
Fundraising & PR
Website & marketing
Freehold property
Improvements to property
Plant and machinery
Motor vehicles
Total resources expended
Net (expenditure)/income before gains and
losses
Realised recognised gains and losses
Realised gains/(losses) on fixed asset investments
Net (expenditure)/income		 Unrestricted
funds
£
660,609
10,968
11,278
244
3,062
2,392
688,553
5,000
6,836
4,726
42,265
8,448
2,928
8,350
6,534
30,097
35,926
20,086
3,432
25,315
1,882
201,825
1,164,415
112,373
-
112,373		 Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,137
-
1,137
1,137
(137)
-
(137)		 2023
Total
funds
£
660,609
10,968
11,278
244
3,062
2,392
688,553
5,000
6,836
4,726
42,265
8,448
2,928
8,350
6,534
30,097
35,926
20,086
3,432
26,452
1,882
202,962
1,165,552
112,236
-
112,236		 2022
Total
funds
£
562,599
13,391
8,153
1,104
900
5,399
591,546
5,000
6,195
2,598
42,585
4,801
2,498
4,389
6,884
30,000
31,307
20,086
1,273
30,786
2,509
190,911
1,030,113
(18,433)
985
(17,448)

This page does not form part of the statutory financial statements

Page 19