##
##
##
||||Page|
|---|---|---|---|
|Trustees'|annual
report|||
|Independent
auditor's||report to the members||
|Statement|of financial|activities||
|Statement|offinancial|position||
|Statement|ofcash flows|||
|Notes to the financial||statements|14|
##
##
##
|Registered|Registered|charity|name|Pine Ridge|Dog Sanctuary|Dog Sanctuary|Dog Sanctuary||
|---|---|---|---|---|---|---|---|---|
|Charity|registration||number|256728|||||
|Principal|office|||Pine Ridge|Farm||||
|||||Priory Road|||||
|||||Ascot|||||
|||||SL5 8RJ|||||
|The trustees|||||||||
|||||C E Cuff|||||
|||||J C Vernor-miles|||||
|||||W E Vernor-miles|||||
|||||SWhitehead|||||
|Auditor||||Burgess Hodgson||LLP|||
|||||Chartered|accountants||8 statutory|auditor|
|||||Camburgh|House||||
|||||27 New Dover Road|||||
|||||Canterbury|||||
|||||Kent|||||
|||||CT1 3DN|||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||2022|2022|2021|
|---|---|---|---|---|---|---|
|||||Unrestricted|||
|||||funds|Total funds|Total funds|
||||Note|E|E|E|
|Income and endowments|||||||
|Donations
and legacies|||4|618,146|618,146|911,167|
|Investment
income|||6|226,347|226,347|207,356|
|Total income||||844,493|844,493|1,118,523|
|Expenditure|||||||
|Expenditure
on raising funds:|||||||
|Investment
management||costs|6|31,184|31,184|29,772|
|Expenditure
on charitable|activities||7,8|450,622|450,622|376,300|
|Total expenditure||||481,806|481,806|406,072|
|Net (losses)/gains
on investments||||906,247|906,247|(1,159,849)|
|Net (expenditure)/income|and net movement||in funds|(543,560)|(543,560)|1,872,300|
|Reconciliation
offunds|||||||
|Total funds brought
forward||||10,942,378|10,942,378|9,070,078|
|Total funds carried forward||||10,398,818|10,398,818|10,942,378|
##
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
|||||Note|E|E|
|Fixed assets|||||||
|Tangible
fixed assets||||16|55,549|59,929|
|Investments||||17|9,473,606|10,140,518|
||||||9,529,155|10,200,447|
|Current assets|||||||
|Debtors||||18|584,187|305,768|
|Cash at bank and|in|hand|||330,187|446,698|
||||||914,374|752,466|
|Creditors: amounts||falling|due within one year|19|44,711|10,535|
|Net current assets|||||869,663|741,931|
|Total assets less|current||liabilities||10,398,818|10,942,378|
|Net assets|||||10,398,818|10,942,378|
|Funds ofthe charity|||||||
|Unrestricted
funds|||||10,398,818|10,942,378|
|Total charity funds||||21|10,398,818|10,942,378|
##
##
##
||||2022|2021|
|---|---|---|---|---|
||||E|E|
|Cash flows from operating|activities||||
|Net (expenditure)/income|||(543,560)|1,872,300|
|Adjustments
for:|||||
|Depreciation
oftangible
fixed assets|||6,255|6,849|
|Government
grant income||||(7,180)|
|Net (losses)/gains
on investments|||906,289|(1,159,849)|
|Dividends,
interest and rents|from investments||(226,347)|(207,356)|
|Accrued expenses/(income)|||8,375|(18,052)|
|Changesin:|||||
|Trade and other debtors|||(278,419)|(55,768)|
|Trade and other creditors|||25,801|(6,940)|
|Cash generated
from operations|||(101,606)|424,004|
|Net cash (used in)/from
operating
activities|||(101,606)|424,004|
|Cash flows from investing|activities||||
|Dividends,
interest and rents|from investments||226,347|207,356|
|Purchase
oftangible assets|||(1,875)|(1,139)|
|Purchases
ofother investments|||(1,032,571)|(553,370)|
|Proceeds from sale ofother|investments||793,194|103,961|
|Net cash used
in investing
activities|||(14,905)|(243,192)|
|Cash flows from financing|activities||||
|Government
grant income||||7,180|
|Net cash from financing
activities||||7,180|
|Net (decrease)/increase
in|cash and cash|equivalents|(116,511)|187,992|
|Cash and cash equivalents|at beginning|ofyear|446,698|258,706|
|Cash and cash equivalents|at end ofyear||330,187|446,698|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|
|||Funds|2022|Funds|2021|
|||E||E|F|
|Donations||||||
|Donations||71,055|71,055|99,103|99,103|
|Legacies||||||
|Legacies||547,091|547,091|804,884|804,884|
|Grants||||||
|Government|grant income|||7,180|7,180|
|||618,146|618,146|911,167|911,167|
|Investment|income|||||
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2022|Funds|2021|
|||E|E|E|E|
|Dividends||175,713|175,713|168,827|168,827|
|Interest||50,634|50,634|38,529|38,529|
|||226,347|226,347|207,356|207,356|
##
##
##
##
##
##
||||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|---|---|---|---|---|---|---|---|---|
||||Funds||2022|Funds||2021|
||||E||K|E||E|
|Investment|broker|fees|31,184||31,184|29,772||29,772|
##
|Expenditur|e
on charitable
ac|tivities
by fund type||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2022|Funds|2021|
|||E|E'||E|
|Charitable|activities|308,639|308,639|257,830|257,830|
|Support costs||141,983|141,983|118,470|118,470|
|||450,622|450,622|376,300|376,300|
##
|||Activities||||||
|---|---|---|---|---|---|---|---|
|||undertaken|Grant|funding|Support|Total funds|Total fund|
|||directly|of|activities|costs|2022|2021|
|||F|||F||E|
|Charitable|activities|186,495||122,144||308,639|257,830|
|Governance|costs||||141,983|141,983|118,470|
|||186,495||122,144|141,983|450,622|376,300|
##
|ve charitable
ac|t|ivities|include the following
d|irect costs:||
|---|---|---|---|---|---|
|||||2022|2021|
|||||K|E|
|Wages and salaries||||83,033|57,994|
|Transport costs||||3,349|2,440|
|Light, power and||heating||13,924|16,059|
|Internet
&website||||594|2,050|
|Insurance||||2,585|1,741|
|Straw& general|kennel||costs|46,734|58,613|
|Postage
& stationery||||1,835|2,125|
|Publishing||||4,757|5,237|
|Sundry||||1,966|18|
|Legal and professional|||fees|6,140|1,984|
|Telephone||||851|110|
|Dog food||||4,810|1,065|
|Depreciation||||6,255|6,849|
|Foreign exchange||gain/loss||||
|Advertising||||3,282|1,716|
|Rates||||6 380|6 152|
|||||186,495|164,153|
##
##
##
##
||||Trustees'|Trustees'|Auditors|Accountancy|Accountancy|Legal|Legal|Total 2022|Total 2021|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||expenses||remuneration|fees||fees||||
|||||E|E||E||E|E|E|
|Governance||costs|40|000|6 360|8|492|89|131|141 983|118470|
|10.|Analysis|ofgrants||||||||||
|||||||||||2022|2021|
|||||||||||E|E|
||Grants to institutions|||||||||||
||Neutering|8 vaccinations||||||||46,242|22,789|
||Spanish|dogs||||||||56,498|51,353|
||Other institutions|||||||||19,404|19,535|
|||||||||||122,144|93,677|
||Total grants|||||||||122,144|93,677|
##
|11.|Net (losses)|/gains
on|inv|estments|||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2022|Funds|2021|
||||||E|E|E||
||Unrealised|Gains/(losses)||on listed|||||
||investments||||(1,027,391)|(1,027,391)|1,162,897|1,162,897|
||Realise Gains/(losses)||on|listed|||||
||investments||||121,144|121,144|(3,048)|(3,048)|
||||||(906,247)|(906,247)|1,159,849|1,159,849|
|12.|Net (expenditure)/income||||||||
||Net (expenditure)/income|||is stated after charging/(crediting):|||||
||||||||2022|2021|
||||||||E|E|
||Depreciation|oftangible|fixed assets||||6,255|6,849|
|13.|Auditors
remuneration||||||||
||||||||2022|2021|
||||||||E|E|
||Fees payable for the audit|||ofthe financial|statements||6,360|4,800|
##
##
##
|Staff costs||||
|---|---|---|---|
|The total staff costs and employee|benefits for the reporting|period are analysed as|follows:|
|||2022|2021|
|||f|F|
|Wages and salaries||83,033|57,994|
##
##
|Tangible fixed assets||||
|---|---|---|---|
||Plant and|Fixtures and||
||machinery|fittings|Total|
||E||K|
|Cost||||
|At 1 January 2022|273,691|581,245|854,936|
|Additions|1,875||1,875|
|At 31 December 2022|275,566|581,245|856,811|
|Depreciation||||
|At 1 January 2022|272,837|522,170|795,007|
|Charge for the year|347|5,908|6,255|
|At 31 December 2022|273,184|528,078|801,262|
|Carrying
amount||||
|At 31 December 2022|2,382|53,167|55,549|
|At 31 December 2021|854|59,075|59,929|
##
##
##
##
|Investments||||
|---|---|---|---|
||Listed|Investment||
||investments|properties|Total|
||F|F|F|
|Cost or valuation||||
|At 1 January
2022|9,515,518|625,000|10,140,518|
|Additions|1,032,571||1,032,571|
|Disposals|(793,194)||(793,194)|
|Fair value movements|(906,289)||(906,289)|
|At 31 December 2022|8,848,606|625,000|9,473,606|
|Impairment||||
|At 1 January
2022 and 31 December 2022||||
|Carrying
amount||||
|At 31 December 2022|8,848,606|625,000|9,473,606|
|At 31 December 2021|9,515,518|625,000|10,140,518|
##
##
|Debtors||||
|---|---|---|---|
|||2022|2021|
||||F|
|Prepayments|and accrued income|100||
|Other debtors||584,087|305,768|
|||584,187|305,768|
##
|Creditors: amo|unts
f|alling due within one year|||
|---|---|---|---|---|
||||2022|2021|
||||F|F|
|Trade creditors|||7,533||
|Accruals and deferred||income|16,173|7,798|
|Social security|and other taxes||4,611|2,737|
|Other creditors|||16,394||
||||44,711|10,535|
##
##
##
##
##
|Government|Government|grants|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|The amounts||recognised|in|the|financial||statements|for|government|grants are as foilows:|||
||||||||||||2022|2021|
||||||||||||f||
|Recognised||in income from||donations||and legacies:|||||||
|Government||grants income||||||||||7,180|
|Analysis|of|charitable|funds||||||||||
|Unrestricted||funds|||||||||||
|||||||||||||At|
||||At 1||January||||||Gains and|31 December|
||||||2022
f||Income
E||Expenditure
E||losses
E|2022
E|
|General|funds|||10,942,378|||844,493||(481,806)||(906,247)|10,398,818|
|||||||||||||At|
||||At 1||January||||||Gains and|31 December|
||||||2021||Income||Expenditure||losses|2021|
||||||E||E||||F|E|
|General|funds|||9,070,078|||1,118,523||(406,072)||1,159,849|10,942,37S|
##
##
|Analysis|of net as|sets between funds|||
|---|---|---|---|---|
||||Unrestricted|Total Funds|
||||Funds|2022|
||||E|E|
|Tangible|fixed assets||55,549|55,549|
|Investments|||9,473,606|9,473,606|
|Current|assets||914,374|914,374|
|Creditors|less than|1 year|(44,711)|(44,711)|
|Net assets|||10,398,818|10,398,818|
||||Unrestricted|Total Funds|
||||Funds|2021|
||||F|E|
|Tangible|fixed assets||59,929|59,929|
|Investments|||10,140,518|10,140,518|
|Current|assets||752,215|752,215|
|Creditors|less than|1 year|(24,284)|(24,284)|
|Net assets|||10,928,378|10,928,378|
##
##
##
##
|Analy|sis|of c|han|ges|in net debt||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||At||At||
|||||||1|Jan 2022|Cash flows|31 Dec|2022|
|||||||||Y||E|
|Cash|at|bank|and|in|hand||446,698|(116,511)|330,187||
##