REPORT AND ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2023
April 2023
Charity number: 257557
CHILTERNS DOG RESCUE SOCIETY
| CONTENTS | |
|---|---|
| Page | |
| Reference and administrative details of the charity, its trustees and advisers | 1 |
| Management committee report | 2 - 5 |
| Independent examiner's report | 6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 |
| Statement of Cash flow | 9 |
| Notes to the financial statements | 10- 21 |
CHILTERNS DOG RESCUE SOCIETY
REFERENCE AND ADMINISTRATIVE DETAILS OF THE SOCIETY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 APRIL 2023
Trustees
David Lewis Chairman Steve Cherry Treasurer Neil Parker Secretary Jackie Healy
Registered Charity Number
257557
Principal Office
Bromley Heights St Leonards Road Chivery, Nr Tring Hertfordshire HP23 6LD
Rescue Centre Manager
Sara Muncke
Independent Examiner
David Green MA (Cantab) ACA Azets Audit Services Suites B & D Burnham Yard Beaconsfield Buckinghamshire HP9 2JH
Bankers
CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4TA
Solicitors
Harrowell & Atkins 275 High Street Berkhamsted Herts HP4 1AA
Advisors to the Committee of Trustees
Sara Muncke
Page 1
CHILTERNS DOG RESCUE SOCIETY
MANAGEMENT COMMITTEE REPORT FOR THE YEAR ENDED 30 APRIL 2023
The Trustees present their annual report together with the financial statements of Chilterns Dog Rescue Society (the Society) for the year ended 30 April 2023. The Trustees confirm that the Annual Report and Financial Statements of the Society comply with the current statutory requirements, the requirements of the Society's governing document and the provisions of the Financial Reporting Standard 102.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity was formed in 1963 and is governed by Rules revised and unanimously approved at a Special General Meeting by the members on 20 June 2000, amended 28 February 2006 and 30th September 2015. The charity is an unincorporated association and is a Registered Charity, number 257557. The Charity is governed by a Management Committee, drawn from the local area, who are wholly sympathetic to the aims of the Charity and who are able to bring particular skills or expertise to the management of the Charity.
Management Committee meetings are held once a month to review all areas of the Society`s activities. Advisers, including the Rescue Centre Manager, are invited to the meetings to provide reports on the Rescue Centre work. Groups also work to progress the fundraising and publicity activity of the Society and provide feedback to the Trustees by the Trustee(s) involved in those groups. The staff employed by the Society report to the Rescue Centre Manager.
The Rules of the Society provide for a minimum of 3 Trustees up to a maximum of 10 Trustees. The skills of the Trustees are kept under review and new Trustees join the Management Committee at the invitation of the current Trustees. A respect for the policies and work of the Society is taken into account when considering new Trustees. Induction of new Trustees comprises an initial meeting with the Chairman to review the Society`s activities and Objects. An overview of the responsibilities of Trustees is provided and the welcome pack includes the Rules of the Society, Committee meeting minutes, the latest Annual Report and Accounts and copies of the Charity Commission documentation on Trustee responsibilities including “The Essential Trustee: What you need to Know”. New Trustees are also given the opportunity to attend a course covering the responsibilities of a Trustee. The Society is indebted to these individuals for all their hard work over the year, not only in their nominated roles, but also in the many aspects involved in running the Society.
All members of the Management Committee gave their time voluntarily and received no benefits from the Society. No expenses were reclaimed as set out in Note 10 to the accounts.
During the year the Society`s Honorary President Celia Strange passed away, having been involved with the Society for nearly 60 years. She will be sadly missed. A memorial tree will be planted at the Rescue Centre in her memory.
Risk Management
A full risk assessment has been performed by the Trustees to ensure all major risks to which the charity is exposed have been assessed. Their likelihood and potential impact have been considered. The major risks to the Charity have been determined as the loss of public liability insurance, loss of use due to fire damage and the possible loss of the boarding licence from Buckinghamshire Council. Procedures and policies have been put in place to manage these risks with particular attention paid to homing each dog into an appropriate home. This risk is reviewed annually.
Page 2
CHILTERNS DOG RESCUE SOCIETY
MANAGEMENT COMMITTEE REPORT FOR THE YEAR ENDED 30 APRIL 2023
OBJECTIVES AND ACTIVITIES FOR THE PUBLIC BENEFIT
The Objects of the Association, Chilterns Dog Rescue Society (referred to throughout this document as the Society) are the care and protection of dogs principally within the areas of Hertfordshire, Buckinghamshire and the surrounding districts (and such other areas as may subsequently be agreed upon by the Association in general meeting) which are in need of care and attention by reason of homelessness, maltreatment, poor circumstances, ill-usage or other similar causes, and the prevention of cruelty to and suffering among dogs.
This provides benefit to the public by re-homing dogs they are no longer able to keep for a variety of reasons and re-homing them to suitable homes. We review our aims and objectives each year. This review looks at what we achieved and the outcome of our work in the previous 12 months. The review looks at the success of each activity and the benefit that has arisen. The review also helps us ensure our aims, objectives and activities remain focused on our Objects.
ACHIEVEMENTS AND PERFORMANCE
Part of the role of the Trustees is to ensure the Society fulfills its obligations under Employment and Health & Safety Law and the Management Committee continues to use Peninsula Business Services Limited. This provides support to the Society in order to meet its obligations under employment, health and safety legislation and reduces this large burden on the Management Committee thus limiting risk to the Society. This has proven to be of great value and the cost is itemised under professional fees in Note 8 in the accounts.
We also ensured that we address any concerns that people have about our activities and a complaints procedure is in place should people wish to raise a concern. During the year no complaints were received.
Following the COVID pandemic the Society was finally able to re-start fundraising activities with a Quiz Night in April. Rehoming, limited during the pandemic, has slowly started to grow again but did not reach pre-pandemic levels. Publicity was maintained through our website, newsletters and via social media.
RESCUE CENTRE REPORT
The Rescue Centre continues to feel the impact of the pandemic and subsequent financial crisis in many different ways. The number of applications for dogs to come into the Rescue Centre remains at unprecedented levels with owners across the country struggling to find a place in rescue for their dog. Many of these had a poor start in life as puppies which had a detrimental effect, physically and/or psychologically, even before they entered a home. While some owners have found ways to address these issues, for many the lack of socialization and training has compounded the problem.
Recent research indicates that 34% of dogs across the UK have shown aggression towards adults and/or children. This aligns exactly with our own statistics. Figures collated from the last 1,000 intake applications, indicate that severe or multiple instances of aggression towards people, including babies and small children, is given as the principle reason for 34% of dogs people are looking to rehome. This overlaps with, but does not include, a high proportion of dogs that are aggressive towards other dogs, cats and other animals, nor does it include cases where the true reason is withheld or no explanation is given.
Every dog that comes into the care of CDRS is assessed and, where necessary, an individual behavioural programme is introduced to address issues of concern. This is not necessarily a quick or easy process and no dog can be considered for rehoming until it is safe to do so, albeit this would always be in a carefully selected environment with suitably experienced adopters.
Page 3
CHILTERNS DOG RESCUE SOCIETY
MANAGEMENT COMMITTEE REPORT FOR THE YEAR ENDED 30 APRIL 2023
We are constantly mindful of the constraints of the Dangerous Dogs Act, the safety of our staff and that of the public. While the reactivity and anxiety of some dogs will respond to a programme of socialisation and retraining, this work adds considerably to the burden of the Rescue Centre, increases the length of the average stay and incurs significant costs to the charity. Sadly, there are circumstances in which dogs do not achieve safe and consistent patterns of behaviour and euthanasia has to be considered as a last option.
All this adds to the current crisis as the numbers of needy dogs rises exponentially and many rescue centres are no longer adding dogs on any waiting list or are quoting waiting list times of many months. This challenging situation is expected to continue for the foreseeable future.
There have been some changes as some of our longer term staff have found new jobs working with animals in other industries as a result of their experience at CDRS. We wish them well. Fortunately, our more recent appointments, including some experienced staff who have come back to us, have found their feet quickly, supporting all aspects of the day to day activity of rescue and boarding. They are to be applauded for all their commitment and hard work, often going above and beyond their job descriptions to achieve positive outcomes for the dogs.
In such a volatile political and social climate, it would be rash to try to predict what the coming year will bring or what the challenges the Rescue Centre will be asked to meet.
However, overall we continue to be well placed to support a varied community of dogs in need, their current owners and future adopters and ensure we can respond effectively to whatever comes our way.
FINANCIAL REVIEW
This year the costs of running the Society exceeded income by approximately £122,000, excluding legacy income, site improvements and depreciation. This is the same level as last year, but still higher than desired. Contributions to this were the drop in fundraising and rehoming. The Society received legacies of £21,000 during the year for legacies reported in this financial year.
Total income exceeded expenditure for the year by £72,182 (2022 expenditure exceeded income for the year by £15,594). There were no restricted funds at the year end. (2022 £Nil).
Reserves Policy :- The investment fund includes a reserve of £300,000 to cover any significant loss in income.
Investment Policy :- Having taken professional advice funds were invested to provided an additional income stream for the day to day running of the Society.
Boarding income remains strong but obviously needs to be managed so as not to impact our rescue work and the Society stopped taking on new boarding clients during the year. The legacy income in the last two years means the Society is financially sound.
All staff have annual reviews where performance, compared to targets set, are reviewed for the previous year and new targets set for the coming year. This provides the basis for salary and wage rises awarded.
Page 4
CHILTERNS tIOG RESCUE SOCIErY MANAGEMETrrr COMMITfEE REPORT FOR THE YEAR ENDED 30 APRIL 2023 PLANS FOR THE FLrruRE Th8 chaNJlThJ and d8ter10rang. 8(Kial and exon0 state of th8 C¥nty Hi wnpacting the numbers of dog8 gding Supwl arKI t)n and lundirKJ mwjht oxpKt to VAh this in mind. staff KI ¥dunteer# wdl (nts'n Wbth affe to minwnisè Costs imprtrrfg in¢<Th. Thg slty 11 kok lo r&intTtyJw fUrwJrning 04w)ts and it o the to martn. bf in¢reaw. of publw arKI fundraoing. Al 811 limos the safety and welbeing of st8ff. volunteern and vkiitorn ryll be of paramunt Inyort8rKe and the Sctiety is well placed to resF4)nd Qukfy and appropriatety to any sudden changes brtyjghl about by the pandorn. The Sc¢ will ctyrtinue ts effryt$ to nt irrte r¢qugs1$. the in drfficult cases and particularty for dc#3S made h(53 due lo iNne5s LY bereampnnI and to manage the expeclalions of peop iThJ to adopt a d¢)3 at this line. Th? Socnty is w1 resPKted ts rId to buikl this uKcess w) c(xnwvJ fmanci81 yew. Vle continue to expbre ne4W ways to gwrate lunds and, where nttessary, to adapt the woth rt undertakes in rescue and le1MI to alNJn e1 wrth wth-rarying dwnands for our help as a dog rescue Lyganisation. STATEMEpif OF TRUSTEES. RESPON%&unes appluble aTrJ regul8ttr)ns. Charty law requKes the Trustees lo prepare financial statements for each financial yèar. UrKler that Lqw the Trustees ha¥ dected lo pwre finartial statemènts in aceoTdanc8 Wrth Unrted Kirydom Generalty Accepted Accountr"ng Practsco (Unrted Kingthyn ArrtIng Standards and applUb kw). The financial statements are requi by18w to gprt a true and fair vitrw of th8 stste of affairs of the and of the wrplu$ def'rt of the for that F¢llcKI. In prepanw these finan1 swemenls, the TNstees are required to. . make judgements arKI eslwnates that are reasonable arKI pr., . prepare the financial Statents on the gn9 oJKem basis unless il is inwom to that tho Sc¢iety 11 continue in operatK¢n. Tho TnISt ¥e respon8ibkn fty keryirvJ pw ntil¥j ro¢uds trt dis¢k)80 wlh rn8xffb19 curacy at any time the financial posrt•)n of Soety and enable them to ensure that the finaraal staleffnls comp with the Compan$ Act 20(. TW are atso re5pcfflsible for safeguarding the assds of and for laking reasoftab steps for the pre¥entN)n and detectN)n crf fraLhl and her iruL. SwJned (Y behalf of the Manageir*rt Corrmiitee Dawd L15 Chairman 11 Octd)er 21Y23 pe5
CHILTERNS DOG RESCUE SOCIETY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHILTERNS DOG RESCUE SOCIETY FOR THE YEAR ENDED 30 APRIL 2023 I report lo the Charity Trustees on my examination of the financial slalemenls of the Society for the year ended 30 April 2023 which are sel out on pages 7 10 21. RESPECTNE RESPONSIBILITIES OF TRUSTEES AND EXAMINER As the charity's Iruslees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act.). I report in respect of my examination of the charty's accounts carried out under secllon 145 of the Act and in carrying out my ex2fflinalion I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Acl. Independent examlnerfs statgmgnt Since the company's gross income exceeded £250,000 your examiner musl be a member of a body listed in section 145 of the 2011 Act. I confirm that I sm qualified to undertake the examination because l am a member of the ICAEW, which is one of the listed bodies. I have completed my examination. l Confirm that no material mallers have come lo my allenlion in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of ltte Act., or the accounts do not accord with those records., or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts gtve a 'true and fair vtew, which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understsnding of the accounts to be reached. D GREEN MA (Cantab) ACA Azels Audit Services Suites B & D Burnham Yard Beaconsfield Buckinghamshire HP9 2JH Date.. 11 October 2023 Page 6
CHILTERNS DOG RESCUE SOCIETY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2023
| Restricted funds 2023 Note £ INCOME FROM: Donations, grants and legacies 2 - Charitable activities 3 - Other trading activities - Investments 4 - TOTAL INCOME - EXPENDITURE ON: Raising funds 5 - Charitable activities 5/6 - Investment management costs 7 TOTAL EXPENDITURE - Net gains/(losses) on investments 8 - NET INCOME/(EXPENDITURE) BEFORE TRANSFERS 10 - Transfers between Funds 17 - NET INCOME/ (EXPENDITURE) BEFORE OTHER RECOGNISED GAINS AND LOSSES - NET MOVEMENT IN FUNDS - RECONCILIATION OF FUNDS: Total funds brought forward - TOTAL FUNDS CARRIED FORWARD - |
Unrestricted Total funds Funds 2023 2023 £ £ 329,375 329,375 18,904 18,904 88,573 88,573 5,897 5,897 442,749 442,749 4,742 4,742 368,453 368,453 1,153 1,153 374,348 374,348 3,781 3,781 72,182 72,182 - - 72,182 72,182 72,182 72,182 2,800,842 2,800,842 2,873,024 2,873,024 |
Total funds 2022 £ 239,003 22.864 60,808 2,098 324,773 7,833 332,534 - 340,367 - (15,594) - (15,594) (15,594) 2,816,436 2,800,842 |
|---|---|---|
The notes on pages 10 to 21 form part of these financial statements.
Page 7
CHILTEIINS rx)G RESCUE SOCIETY BALANCE SHE AS AT 30 APRJL 2023 2023 2022 FIXED ASSErs Tawible assets 12 13 1,874,074 647,898 1,9)4,249 CURRENT ASSETS Debtors Cash at bank and in PAnd 14 15 183. 17,692 912,095 CREDITORS.. rnnts f8llin9 within year 16 NET CURREpif ASSETS TOTAL ASSETS LESS CURREiif LIABILMES 896 593 2.800,842 1873.024 NET ASSETS 2.873,024 2.800,842 CHARifi FUNDS Reslncted funds Unrestrthd fvnd6 TOTAL FUNDS 17 17 1873.024 2.873.024 2.800.842 2,800,842 The financial statements aprrttrI ty Trustee8 on 11 October 2023 and 8yned crftheir behalf by.. Davkl L•wl¥. Chalrnwi St•Y• C . Tr••sur•r Th8 notes on pages 10 10 21 fomi pwl of these finarKial $emorrts. P•3e 8
CHILTERNS DOG RESCUE SOCIETY
STATEMENT OF CASH FLOWS AS AT 30 APRIL 2023
| 2023 Note £ Cash flows from operating activities (a) (32,080)3 Investment Income received 5,897 Purchase of investments (650,000) Purchase of tangible fixed assets (40,532) Proceeds on disposal of investments 1,100 Fair value movement of investments 1,012 Change in cash and cash equivalents in the year (714,603) Cash and equivalents at the beginning of the year 894,403 Cash and equivalents at the end of the year 179,800 (714,603) Notes to the cash flow statement (a) Reconciliation of net income/(expenditure) to cash inflow from operating activities Net income/(expenditure) 72,182 Adjustments for: Depreciation charges 70,707 Profit on disposal of investments (10) Investment income received (5,897) (Increase)/decrease in debtors (167,514) Decrease/(increase) in creditors (1,548) Net cash provided by / (used in) operating activities (32,080) (b) Analysis of cash and cash equivalents Cash at bank and in hand 179,800 179,800 |
2022 £ 401,685 2,098 - - - - 403,783 490,620 894,403 403,783 (15,594) 66,654 - (2,098) 347,230 5,493 401,685 894,403 894,403 |
|---|---|
Page 9
CHILTERNS DOG RESCUE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023
1. ACCOUNTING POLICIES
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:-
1.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and subsequent updates and Charities Act 2011.
Chilterns Dog Rescue Society constitutes a public benefit entity as defined by FRS 102.
The presentation currency used in the accounts is £.
1.2 INCOME
All income is recognised in the Statement of Financial Activities (SOFA) once the Society has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. At this point income is recognised. On occasion legacies will be notified to the charity however it is not possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed.
1.3 EXPENDITURE
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Page 10
CHILTERNS DOG RESCUE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023
1. ACCOUNTING POLICIES (continued)
1.4 TANGIBLE FIXED ASSETS AND DEPRECIATION
A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the statement of financial activities.
Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Property improvements - 10% straight line Equipment - 10% straight line Motor vehicles - 25% straight line Land - No depreciation Buildings - 2% straight line
1.5 INTEREST RECEIVABLE
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Society; this is normally upon notification of the interest paid or payable by the Bank.
1.6 DEBTORS
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
1.7 CASH AT BANK AND IN HAND
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
1.8 LIABILITIES AND PROVISIONS
Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Society anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.
Page 11
CHILTERNS DOG RESCUE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023
1. ACCOUNTING POLICIES (continued)
1.9 FINANCIAL INSTRUMENTS
The Society only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
1.10 FUND ACCOUNTING
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Society and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Society for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
1.11 SIGNIFICANT JUDGEMENTS & ESTIMATES
The preparation of financial statements requires management to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
2. INCOME FROM DONATIONS, GRANTS AND LEGACIES
| Membership and donations JRS Government Grant Collecting tins Legacies Total donations and legacies At 30 April 2022 |
Restricted Unrestricted funds Funds 2023 2023 £ £ - - 56,513 - - 1,853 - 271,010 - 329,376 - 239,003 |
Total funds 2023 £ 56,513 - 1,853 271,010 329,376 239,003 |
Total funds 2022 £ 48,286 5,428 932 184,357 239,003 |
|---|---|---|---|
3. INCOME FROM CHARITABLE ACTIVITIES
| Core (unrestricted) | Total Total funds funds 2023 2022 £ £ 18,904 22,864 |
|---|---|
Page 12
CHILTERNS DOG RESCUE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023
4. INVESTMENT INCOME
| Interest received (unrestricted) Investment income (dividends and interest unrestricted) DIRECT COSTS Fundraising expenses Governance Core £ £ £ Events and C&G Fundraising 2,541 - - Kennelling costs - - 7,734 Veterinary fees - - 17,923 Dog equipment/food 2,201 - - Van running costs - - 1,467 Heat and light - - 22,363 Admin, telephone and Postage - - 5,247 Accountancy fees - 3,748 - Professional fees - 2,688 - Wages and salaries - - 189,325 Mileage/Dog training - - 19 Boarding/Dog refunds - - 385 4,742 6,436 244,463 At 30 April 2022 7,833 8,929 201,071 |
Total funds 2023 £ 1,610 4,287 5,897 Restricted Total Costs 2023 2023 £ £ - 2,541 - 7,734 - 17,923 - 2,201 - 1,467 - 22,363 - 5,247 - 3,748 - 2,688 - 189,325 - 19 - 385 - 255,641 - 217,833 |
Total funds 2023 £ 1,610 4,287 5,897 Restricted Total Costs 2023 2023 £ £ - 2,541 - 7,734 - 17,923 - 2,201 - 1,467 - 22,363 - 5,247 - 3,748 - 2,688 - 189,325 - 19 - 385 - 255,641 - 217,833 |
Total funds 2022 £ 1,236 - 1,236 Total 2022 £ 4,683 2,650 7,746 3,150 2,606 13,476 6,688 6,539 2,390 167,681 224 - 217,833 |
||
|---|---|---|---|---|---|
| 255,641 | |||||
| 217,833 |
5. DIRECT COSTS
6. SUPPORT COSTS
| Utility costs Office expenses Advertising and publicity Insurances Bank charges and interest Repairs and renewals Miscellaneous expenses Site improvements Depreciation At 30 April 2022 |
Core Costs 2023 £ 995 1,230 3,362 5,477 1,538 24,044 4,372 5,829 70,707 117,554 122,534 |
Restricted Costs 2023 - - - - - - - - - - - |
Total 2023 £ 995 1,230 3,362 5,477 1,538 24,044 4,372 5,829 70,707 117,554 122,534 |
Total 2022 £ 2,674 971 8,072 4,537 819 19,799 3,935 15,073 66,654 122,534 |
|---|---|---|---|---|
Page 13
CHILTERNS DOG RESCUE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023
| 7. INVESTMENT MANAGEMENT COSTS 2023 £ Investment management charges 1,153 8. NET GAINS/(LOSSES) ON INVESTMENTS 2023 £ Realised gains/(losses) on investments 10 Unrealised gains/(losses) on investments 3,771 3,781 9. GOVERNANCE COSTS Total Funds 2023 £ Direct costs – Governance 6,436 10. NET INCOME / (EXPENDITURE) This is stated after charging: 2023 £ Depreciation of tangible fixed assets: - owned by the charity 70,707 2,350 Accountancy fees – Independent Examination During the year, no Trustees received any remuneration (2022 - £NIL). During the year, no Trustees received any benefits in kind (2022 - £NIL). During the year, no Trustees received any reimbursement of expenses (2022 - £NIL). 11. STAFF COSTS Staff costs were as follows: 2023 £ Remuneration paid to employees 180,226 Employers NI 7,335 Employers Pension 1,764 Mileage allowance and travel costs for the transportation and 19 training of dogs 189,344 |
2022 £ - 2022 £ - - - - Total funds 2022 £ 8,929 2022 £ 66,654 2,250 2022 £ 161,702 3,935 2,044 224 167,905 |
|
|---|---|---|
Page 14
CHILTERNS DOG RESCUE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023
11. STAFF COSTS (continued)
The average number of persons employed by the Society during the year was as follows:
| 2023 | 2022 | |
|---|---|---|
| No. | No. | |
| Caring services (full & part time) | 11 | 9 |
No employee received remuneration amounting to more than £60,000 in either year.
The remuneration and benefits received by key management personnel was £115,319 (2022: £119,365) during the year.
12. TANGIBLE FIXED ASSETS
| . TANGIBLE FIXED ASSETS | |||
|---|---|---|---|
| COST At 1 May 2022 Additions At 30 April 2023 DEPRECIATION At 1 May 2022 Charge for the year At 30 April 2023 NET BOOK VALUE At 30 April 2023 At 30 April 2022 |
Freehold property £ 2,376,266 40,532 2,416,798 474,382 70,439 544,821 1,871,977 1,901,884 |
Equipment Motor vehicles £ £ 2,677 11,159 - - 2,677 11,159 312 11,159 268 - 580 11,159 2,097 - 2,365 - |
Total £ 2,390,102 40,532 |
| 2,430,634 | |||
| 485,853 70,707 |
|||
| 556,560 | |||
| 1,874,074 | |||
| 1,904,249 |
Included in freehold property is land at cost of £30,000 which is not depreciated.
Page 15
CHILTERNS DOG RESCUE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023
13. INVESTMENTS
| Investments at MARKET VALUE (Excludes cash and+ foreign currencies) Opening balance as at 1 May 2022 Additions Disposals Equalisation of investments Unrealised gain Closing balance as at 30 April 2023 Disposal proceeds Profit on disposal Analysis of Fair (Market) value of all investments Securities Cash held The fair value of investments is determined by reference to the mid-value of the investments held within the fund for identical assets in an active market at the balance sheet date. Cost value of all investments as at 30 April 2023 Cost value of all investments as at 30 April 2022 14. DEBTORS VAT repayable Other debtors Prepayments & accrued income |
2023 £ 647,811 87 647,898 2023 £ 2,341 6,552 176,313 185,206 |
£ - 650,000 (1,090) (4,870) 3,771 647,811 1,100 10 2022 £ - - - £644,127 £- 2022 £ 211 7,992 9,489 17,692 |
|---|---|---|
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CHILTERNS DOG RESCUE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023
15. CASH AT BANK AND IN HAND
| Cash in hand: Cash balances Sub total Cash at Bank: Nat West Bank Current Account CAF Current Account CAF Redevelopment Account Shawbrook Sub total Total |
2023 £ 125 125 5,546 40,033 134,096 - 179,675 179,800 |
2022 £ 340 340 18,834 75,190 70,039 730,000 894,063 894,403 |
|---|---|---|
16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade creditors Other taxation and social security Accruals and deferred income |
2023 £ 7,230 3,336 3,388 13,954 |
2022 £ 10,042 2,184 3,276 15,502 |
|---|---|---|
Page 17
CHILTERNS DOG RESCUE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023
17. STATEMENT OF FUNDS - CURRENT YEAR
| DESIGNATED FUNDS Designated Funds - all funds GENERAL FUNDS General Funds - all funds Total Unrestricted funds RESTRICTED FUNDS Restricted funds – all funds Total restricted funds Total of funds |
Balance at 1 May 2022 £ - 2,800,842 2,800,842 - - 2,800,842 |
Income Expenditure £ £ - - 442,749 (370,567) 442,749 (370,567) - - - - 442,749 (370,567) |
Transfers in/out £ - - - - - - |
Balance at 30 April 2023 £ - 2,873,024 2,873,024 - - 2,873,024 |
|---|---|---|---|---|
Net gains/(losses) on investments are included in expenditure.
Page 18
CHILTERNS DOG RESCUE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023
17. STATEMENT OF FUNDS (continued) STATEMENT OF FUNDS - PRIOR YEAR
| Balance at 1 May 2021 £ DESIGNATED FUNDS Designated Funds - all funds - - GENERAL FUNDS General Funds - all funds 2,816,436 Total Unrestricted Funds 2,816,436 RESTRICTED FUNDS Restricted funds – all funds - Total restricted funds - Total of funds 2,816,436 |
Income £ - - 324,773 324,773 - - 324,773 |
Expenditure £ - - (340,367) (340,367) - - (340,367) |
Transfers in/out £ - - - - |
30 April 2022 £ - - |
|---|---|---|---|---|
| 2,800,842 2,800,842 |
||||
| - - |
||||
| - | ||||
| 2,800,842 |
Net gains/(losses) on investments are included in expenditure.
Page 19
CHILTERNS DOG RESCUE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023
18. ANALYSIS OF NET ASSETS BETWEEN FUNDS
ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR
| Tangible fixed assets Investments – at Market value Current assets Creditors due within one year |
Restricted Unrestricted funds funds 2023 2023 £ £ - 1,874,074 - 647,898 - 365,006 - (13,954) - 2,873,024 |
Total funds 2023 £ 1,874,074 647,898 365,006 (13,954) 2,873,024 |
|---|---|---|
ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR
| Tangible fixed assets Current assets Creditors due within one year |
Restricted Unrestricted funds funds 2022 2022 £ £ - 1,904,249 - 912,095 - (15,502) - 2,800,842 |
Total funds 2022 £ 1,904,249 912,095 (15,502) 2,800,842 |
|---|---|---|
Page 20
CHILTERNS DOG RESCUE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023
19.ANALYSIS OF CHANGES IN NET DEBT
| Balance at | Balance | |||
|---|---|---|---|---|
| beginning of | Other | at end | ||
| year | Cash Flow | changes | of year | |
| £ | £ | £ | £ | |
| Cash at bank and in hand | 894,403 | (714,603) | - |
179,800 |
| ----------------------------------------------------- | ----------------------------------------------------- | ----------------------------------------------------- | -------------------------------------------- | |
| Total cash and cash equivalents | 894,403 | (714,603 | - | 179,800 |
| ----------------------------------------------------- | ----------------------------------------------------- | ----------------------------------------------------- | -------------------------------------------- | |
| Loans | - | - | - |
- |
| ----------------------------------------------------- | ----------------------------------------------------- | ----------------------------------------------------- | --------------------------------------------- | |
| Total net debts | 894,403 | (714,603) | - |
179,800 |
| ====================== | ====================== | ==================== | ================= |
20. CAPITAL COMMITMENTS
The Charity has the following capital commitments
| 2023 £ - |
2022 £ - |
|---|---|
Page 21