| Page | |
|---|---|
| Trustees’ annual report | 1 |
| Independent auditor's report to the members | 7 |
| Statementof financial activities | 11 |
| Statementof financial position | 12 |
| Statement of cash flows | 13 |
| Notesto the financial statements | 14 |
| 2024 | 2024 | 2023 | ||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Totalfunds | Total funds | ||
| Note | £ | £ | £ | |
| Income and endowments | ||||
| Donations and legacies | 4 | 306,702 | 306,702 | 293,987 |
| Investment income | 5 | 271,687 | 271,687 |
255,567 |
| Total income | 578,389 |
578,389 |
549,554 |
|
| Expenditure | ||||
| Expenditure on raising funds: | ||||
| Investment management costs | 6 | 33,432 | 33,432 | 31,396 |
| Expenditure on charitable activities | 7,8 | 545,113 |
545,113 |
560,820 |
| Total expenditure | 578,545 |
578,545 |
592,216 |
|
| Net gains on investments | 10 | (576,906) | (576,906) |
(527,512) |
| Net income and net movementin funds | 576,750 |
576,750 |
484,850 |
|
| Reconciliation of funds | ||||
| Total funds broughtforward | 10,883,668 | 10,883,668 | 10,398,818 | |
| Total funds carried forward | 11,460,418 |
11,460,418 |
10,883,668 |
| 2024 | 2023 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible fixed assets | 15 | 51,144 | 58,179 |
| Investments | 16 | 10,780,254 | 10,240,159 |
| 10,831,398 | 10,298,338 | ||
| Current assets | |||
| Debtors | 17 | 319,734 | 358,966 |
| Cash at bank and in hand | 360,430 |
284,491 |
|
| 680,164 |
643,457 |
||
| Creditors: amountsfalling due within one year | 18 | 51,144 |
58,127 |
| Net currentassets | 629,020 |
585,330 |
|
| Total assets less currentliabilities | 11,460,418 | 10,883,668 | |
| Net assets | 11,460,418 | 10,883,668 | |
| Fundsof the charity | |||
| Unrestricted funds | 11,460,418 | 10,883,668 | |
| Total charity funds | 19 | 11,460,418 | 10,883,668 |
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Cash flows from operating activities | ||
| Net income | 576,750 | 484,850 |
| Adjustmentsfor: Depreciation of tangible fixed assets Net gains on investments Dividends, interest and rents from investments Accrued income |
7,435 (576,906) (271,687) (1,760) |
6,628 (527,512) (255,567) (4,088) |
| Changesin: Trade and other debtors Trade andothercreditors |
39,232 (5,223) |
225,221 17,504 |
| Cash generated from operations | (232,159) |
(52,964) |
| Net cash used in operating activities | (232,159) |
(52,964) |
| Cashflowsfrom investing activities | ||
| Dividends, interest and rents from investments | ||
| Purchase of tangible assets | ||
| Purchasesof other investments | ||
| Proceeds from sale of other investments | ||
| Net cash from investing activities | ||
| Net increase/(decrease) in cash and cash equivalents | ||
| Cash and cash equivalents at beginning of year | ||
| Cash and cash equivalents atend of year |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2024 | Funds | 2023 | ||
| £ | £ | £ | £ | ||
| Donations | |||||
| Donations | 43,518 | 43,518 | 71,097 | 71,097 | |
| Legacies | |||||
| Legacies | 263,184 |
263,184 |
222,890 |
222,890 |
|
306,702 |
306,702 |
293,987 |
293,987 |
||
| Investment | income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2024 | Funds | 2023 | ||
| £ | £ | £ | £ | ||
| Dividends | 265,781 | 265,781 | 222,066 | 222,066 | |
| Interest | 5,906 |
5,906 |
33,501 |
33,501 |
|
271,687 |
271,687 |
255,567 |
255,567 |
| Unrestricted | Total | Funds | Unrestricted | Total | Funds | |||
|---|---|---|---|---|---|---|---|---|
| Funds | 2024 | Funds | 2023 | |||||
| £ | £ | £ | £ | |||||
| Investment | broker | fees | 33,432 | 33,432 | 31,396 | 31,396 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2024 | Funds | 2023 | |
| £ | £ | £ | £ | |
| Charitable activities | 415,204 | 415,204 | 416,546 | 416,546 |
| Support costs | 129,909 | 129,909 | 144,274 | 144,274 |
| 545,113 |
545,113 |
560,820 |
560,820 |
| Activities | |||||
|---|---|---|---|---|---|
| undertaken | Grant funding | Total funds | Total fund | ||
| directly | of activities | Support costs | 2024 | 2023 | |
| £ | £ | £ | |||
| Charitable activities | 224,154 | 191,050 | - | 415,204 | 416,546 |
| Governancecosts | ~ |
_ |
129,909 |
129,909 |
144,274 |
224,154 |
191,050 |
129,909 |
545,113 |
560,820 |
|
| Analysis of grants | |||||
| 2024 | 2023 | ||||
| £ | |||||
| Grants to institutions | |||||
| Neutering & vaccinations | 116,822 | 65,004 | |||
| Spanish dogs | 64,224 | 73,352 | |||
| Otherinstitutions | 10,004 |
34,000 |
|||
| 191,050 |
172,356 |
||||
| Total grants | 191,050 |
172,356 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2024 | Funds | 2023 | |
| £ | £ | £ | £ | |
| Unrealised Gains/(losses) onlisted | ||||
| investments | 345,855 | 345,855 | 802,532 | 802,532 |
| Realised Gains/(losses) on listed investments |
231,051 |
231,051 |
(275,020) |
(275,020) |
| 576,906 |
576,906 |
527,512 |
527,512 |
| Plant and | Fixtures and | ||
|---|---|---|---|
| machinery | fittings | Total | |
| £ | £ | £ | |
| Cost | |||
| At 1 January 2024 | 284,824 | 581,245 | 866,069 |
| Additions | 400 |
- |
400 |
| At 31 December 2024 | 285,224 |
581,245 |
866,469 |
| Depreciation | |||
| At 1 January 2024 | 274,496 | 533,394 | 807,890 |
| Chargefor the year | 2,650 | 4,785 | 7,435 |
| At 31 December 2024 | 277,146 |
538,179 |
815,325 |
| Carrying amount | |||
| At 31 December 2024 | 8,078 |
43,066 |
51,144 |
| At 31 December2023 | 10,328 |
47,851 |
58,179 |
| Listed | Investment | ||
|---|---|---|---|
| investments | properties | Total | |
| £ | £ | £ | |
| Cost or valuation | |||
| At 1 January 2024 | 9,615,159 | 625,000 | 10,240,159 |
| Additions | 645,275 | ~ | 645,275 |
| Disposals | (532,675) | _ | (532,675) |
| Fair value movements | 576,906 | - | 576,906 |
| Transfers | (149,411) |
~ |
(149,411) |
| At 31 December 2024 | 10,155,254 |
625,000 |
10,780,254 |
| Impairment | |||
| At 1 January 2024 and 31 December 2024 | - | ||
| Carrying amount | |||
| At 31 December 2024 | 10,155,254 | 625,000 | 10,780,254 |
| At 31 December 2023 | 9,615,159 |
625,000 |
10,240,159 |
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Prepayments and accrued income | 3,112 | 1,909 |
| Other debtors | 316,622 |
357,057 |
319,734 |
358,966 |
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Trade creditors | 10,447 | 8,034 |
| Accruals and deferred income | 10,325 | 12,085 |
| Social security and other taxes | ~ | 2,409 |
| Othercreditors | 30,372 | 35,599 |
| 51,144 |
58,127 |