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2024-09-30-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 2024

The Oxfordshire Animal Sanctuary

Contents of the Financial Statements for the Year Ended 30 September 2024

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 2024

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 2024. 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 119 dogs were adopted, 458 cats were found new homes and 74 rabbits 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 charity's investment funds are held in the form of a share portfolio which is reflected in note 14. Bank deposit accounts are also held and this provides for both investment and immediate access, at the same time ensuring a reasonable rate of interest on the deposit funds held.

Current year

Total incoming resources amounted to £1,696,565 (2023 £1,277,788), of which legacies accounted for £660,373 (2023 £353,934). The total realised gain on share investments amounted to £335 (2023 £NIL). Total resources expended were £1,304,985 (2023 £1,165,552) and this has resulted in a surplus for the year of £391,915 (2023 £112,236), 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 £692,485 to £1,092,890

Reserves at the end of the financial period equal £2,629,997 (2023 £2,157,824)

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.

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.

Page 1

The Oxfordshire Animal Sanctuary

Report of the Trustees for the Year Ended 30 September 2024

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 Ms M R Herring (Finance Officer) Mr C Mccreedy Ms K Simpson (resigned 31.3.25) Mrs J Parkin-Morse Mrs C Dawson Mr G Parkinson (Treasurer) (appointed 14.8.24)

Company Secretary

Linnells Secretarial Services Limited

Auditors

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

Bankers

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

Page 2

The Oxfordshire Animal Sanctuary

Report of the Trustees for the Year Ended 30 September 2024

REFERENCE AND ADMINISTRATIVE DETAILS 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 ............................................. and signed on the board's behalf by: 30/06/2025

............................................................................................... 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 2024 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).

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.

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 30/06/2025 Date: .............................................

Page 5

The Oxfordshire Animal Sanctuary

Statement of Financial Activities for the Year Ended 30 September 2024

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 on revaluation of fixed assets
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
1,153,100
107,862
392,349
43,254
1,696,565
285,926
224,395
656,169
137,528
1,304,018
335
392,882
80,258
473,140
2,150,382
2,623,522		 Restricted
funds
£
-
-
-
-
-
-
-
967
-
967
-
(967)
-
(967)
7,442
6,475		 2024
Total
funds
£
1,153,100
107,862
392,349
43,254
1,696,565
285,926
224,395
657,136
137,528
1,304,985
335
391,915
80,258
472,173
2,157,824
2,629,997		 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

The notes form part of these financial statements

Page 6

The Oxfordshire Animal Sanctuary

Balance Sheet 30 September 2024

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
£
688,917
842,715
1,531,632
7,938
642,842
507,795
1,158,575
(66,685)
1,091,890
2,623,522
2,623,522		 Restricted
funds
£
5,475
-
5,475
-
-
1,000
1,000
-
1,000
6,475
6,475		 2024
Total
funds
£
694,392
842,715
1,537,107
7,938
642,842
508,795
1,159,575
(66,685)
1,092,890
2,629,997
2,629,997
2,623,522
6,475
2,629,997
30/06/2025		 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

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. 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 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash (used in)/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 provided by/(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		 2024
£
(74,340)
(74,340)
(53,388)
(71,065)
83,356
43,254
2,157
(72,183)
580,978
508,795		 2023
£
153,393
153,393
(55,854)
(24,123)
-
33,069
(46,908)
106,485
474,493
580,978

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 2024

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of financial
activities)
Adjustments for:
Depreciation charges
Losses on investments
Interest received
Increase in stocks
(Increase)/decrease in debtors
(Decrease)/increase in creditors
Net cash (used in)/provided by operations		 2024
£
391,915
49,922
(335)
(43,254)
(108)
(457,157)
(15,323)
(74,340)		 2023
£
112,236
51,852
-
(33,069)
(2,265)
3,787
20,852
153,393

2. ANALYSIS OF CHANGES IN NET FUNDS

Net cash At 1.10.23
£		 Cash flow
£		 At 30.9.24
£		 At 30.9.24
£
Cash at bank and in hand 580,978 (72,183) 508,795
580,978 (72,183) 508,795
Total 580,978 (72,183) 508,795

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 2024

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of financial activities on a straight line basis over the period of the lease.

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 2024

2.
DONATIONS AND LEGACIES
Legacies
Subscriptions & donations
3.
OTHER TRADING ACTIVITIES
Shop income
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
Telephone - shops
Insurance - shops
Repair & maintenance - shops
Waste disposal - shops
General expenses - shops		 2024
£
660,373
492,727
1,153,100
2024
£
392,349
2024
£
17,292
25,962
43,254
2024
£
107,862
2024
£
181,554
68,502
3,691
5,842
400
2,417
2,298
12,334
8,888
285,926		 2023
£
353,934
458,038
811,972
2023
£
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

continued...

Page 11

The Oxfordshire Animal Sanctuary

Notes to the Financial Statements - continued for the Year Ended 30 September 2024

7. CHARITABLE ACTIVITIES COSTS

Animal welfare costs
Sanctuary establishment costs
SUPPORT COSTS
Other resources expended
Sanctuary establishment costs		 Direct
Costs
£
224,395
563,865
788,260		 Support
costs (see
note 8)
Totals
£
£
-
224,395
93,271
657,136
93,271
881,531
Governance
costs
£
137,528
93,271
230,799

8. SUPPORT COSTS

9. NET INCOME/(EXPENDITURE)

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

Auditors' remuneration 2024
2023
£
£
5,000
5,000
Depreciation - owned assets 49,922
51,852
Hire of plant and machinery 7,124
-
Legal & Professional fees 9,832
10,271
Accountancy & bookkeeping 48,863
42,265

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 September 2024 nor for the year ended 30 September 2023.

Trustees' expenses

Expenses were reimbursed to trustees amounting to £NIL.

In 2023 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.

continued...

Page 12

The Oxfordshire Animal Sanctuary

Notes to the Financial Statements - continued for the Year Ended 30 September 2024

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.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
810,972
Charitable activities
Animal welfare income
67,599
Other trading activities
365,148
Investment income
33,069
Total
1,276,788
EXPENDITURE ON
Raising funds
274,037
Charitable activities
Animal welfare costs
167,808
Sanctuary establishment costs
567,242
Other
155,328
Total
1,164,415
NET INCOME/(EXPENDITURE)
112,373
Other recognised gains/(losses)
Gains on revaluation of fixed assets
4,105
Net movement in funds
116,478
RECONCILIATION OF FUNDS
Total funds brought forward
2,033,904
TOTAL FUNDS CARRIED FORWARD
2,150,382		 2024
£
627,793
10,757
638,550
2024
19
9
28
Restricted
funds
£
1,000
-
-
-
1,000
-
-
1,137
-
1,137
(137)
-
(137)
7,579
7,442		 2023
£
579,662
10,538
590,200
2023
19
8
27
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

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

continued...

Page 13

The Oxfordshire Animal Sanctuary

Notes to the Financial Statements - continued for the Year Ended 30 September 2024

13. TANGIBLE FIXED ASSETS

COST
At 1 October 2023
Additions
At 30 September 2024
DEPRECIATION
At 1 October 2023
Charge for year
At 30 September 2024
NET BOOK VALUE
At 30 September 2024
At 30 September 2023		 Improvements
Freehold
to
Equipment
property
property
& kennels
£
£
£
702,153
85,805
504,654
-
50,000
3,388
702,153
135,805
508,042
247,340
5,229
354,762
20,086
5,432
22,993
267,426
10,661
377,755
434,727
125,144
130,287
454,813
80,576
149,892		 Motor
vehicles
Totals
£
£
17,465
1,310,077
-
53,388
17,465
1,363,465
11,820
619,151
1,411
49,922
13,231
669,073
4,234
694,392
5,645
690,926

Included in cost of freehold property is freehold land of £200,000 (2023 £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

FIXED ASSET INVESTMENTS
MARKET VALUE
At 1 October 2023
Additions
Disposals		 Listed
investments
£
756,381
71,065
(83,021)
At 30 September 2024 744,425
PROVISIONS
At 1 October 2023
Provision for year		 (18,032)
(80,258)
At 30 September 2024 (98,290)
NET BOOK VALUE
At 30 September 2024		 842,715
At 30 September 2023 774,413

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 2024

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		 2024
£
7,938
2024
£
586,829
31,073
15,565
9,375
642,842
2024
£
47,374
10,811
8,500
66,685		 2023
£
7,830
2023
£
142,808
16,227
17,275
9,375
185,685
2023
£
63,035
10,473
8,500
82,008

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
1.10.23
£
2,150,382
1,379
4,158
490
415
1,000
7,442
2,157,824		 Net
movement
in funds
£
473,140
(207)
(624)
(74)
(62)
-
(967)
472,173		 At
30.9.24
£
2,623,522
1,172
3,534
416
353
1,000
6,475
2,629,997

continued...

Page 15

The Oxfordshire Animal Sanctuary

Notes to the Financial Statements - continued for the Year Ended 30 September 2024

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
TOTAL FUNDS		 Incoming
resources
£
1,696,565
-
-
-
-
-
1,696,565		 Resources
expended
£
(1,304,018)
(207)
(624)
(74)
(62)
(967)
(1,304,985)		 Gains and
losses
£
80,593
-
-
-
-
-
80,593		 Movement
in funds
£
473,140
(207)
(624)
(74)
(62)
(967)
472,173

Comparatives for 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

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
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

continued...

Page 16

The Oxfordshire Animal Sanctuary

Notes to the Financial Statements - continued for the Year Ended 30 September 2024

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
1.10.22
£
2,033,904
1,622
4,892
577
488
-
7,579
2,041,483		 Net
movement
in funds
£
589,618
(450)
(1,358)
(161)
(135)
1,000
(1,104)
588,514		 At
30.9.24
£
2,623,522
1,172
3,534
416
353
1,000
6,475
2,629,997

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
£
2,973,353
-
-
-
-
1,000
1,000
2,974,353		 Resources
expended
£
(2,468,433)
(450)
(1,358)
(161)
(135)
-
(2,104)
(2,470,537)		 Gains and
losses
£
84,698
-
-
-
-
-
-
84,698		 Movement
in funds
£
589,618
(450)
(1,358)
(161)
(135)
1,000
(1,104)
588,514

20. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 September 2024.

Page 17

The Oxfordshire Animal Sanctuary

Detailed Statement of Financial Activities for the Year Ended 30 September 2024

Unrestricted
funds
£
INCOME AND ENDOWMENTS
Donations and legacies
Legacies
660,373
Subscriptions & donations
492,727
1,153,100
Other trading activities
Shop income
392,349
Investment income
Deposit account interest
17,292
UK listed investments
25,962
43,254
Charitable activities
Takings - Stadhampton
107,862
Total incoming resources
1,696,565
EXPENDITURE
Other trading activities
Wages
178,752
Pensions
2,802
Rent of shops & storage
68,502
Rates - shops
3,691
Light & heat - shops
5,842
Telephone - shops
400
Insurance - shops
2,417
Repair & maintenance - shops
2,298
Waste disposal - shops
12,334
General expenses - shops
8,888
285,926
Charitable activities
Stadhampton wages
449,041
Pensions
7,955
Hire of plant and machinery
7,124
Rates - Stadhampton
9,259
Insurance - sanctuary
11,529
Light & heat - sanctuary
20,242
Telephone
7,033
Advertising - sanctuary
6,543
Staff training
1,109
Animal food & bedding
34,740
Veterinary fees & medicines
182,969
Repairs & maintenance - Stadha mpton
22,413
Waste disposal - sanctuary
9,239
Carried forward
769,196		 Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 2024
Total
funds
£
660,373
492,727
1,153,100
392,349
17,292
25,962
43,254
107,862
1,696,565
178,752
2,802
68,502
3,691
5,842
400
2,417
2,298
12,334
8,888
285,926
449,041
7,955
7,124
9,259
11,529
20,242
7,033
6,543
1,109
34,740
182,969
22,413
9,239
769,196		 2023
Total
funds
£
353,934
458,038
811,972
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
10,968
671,577

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 2024

Unrestricted
funds
£
Charitable activities
Brought forward
769,196
Cleaning & laundry
11,998
Animal bedding
-
Animal behaviourist
2,206
Animal sundries
4,860
788,260
Support costs
Governance costs
Auditors' remuneration
5,000
Investment management fees
6,900
Legal & professional fees
9,832
Accountancy & bookkeeping
48,863
Motor & travelling expenses
11,174
Postage and stationery
3,275
Sundries
15,698
Bank charges
6,715
Fundraising & PR
30,000
Website & marketing
43,420
Freehold property
20,086
Improvements to property
5,432
Plant and machinery
22,026
Motor vehicles
1,411
229,832
Total resources expended
1,304,018
Net income before gains and losses
392,547
Realised recognised gains and losses
Realised gains/(losses) on fixed asset investments
335
Net income
392,882		 Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
967
-
967
967
(967)
-
(967)		 2024
Total
funds
£
769,196
11,998
-
2,206
4,860
788,260
5,000
6,900
9,832
48,863
11,174
3,275
15,698
6,715
30,000
43,420
20,086
5,432
22,993
1,411
230,799
1,304,985
391,580
335
391,915		 2023
Total
funds
£
671,577
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

This page does not form part of the statutory financial statements

Page 19