Charity rèolstratlon numbèr 26253B (England and Wolèsl WILLOW TREE SANCTUARY FOR ANIMAL WELFARE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
WILLOW TREE SANCTUARY FORANIMAL WELFARE LEGAL AND ADMINISTRATIVE INFORMATION Tru5t8es Mrs J A Yarwood Mrs C A M Drain Ms C Ryan harity number (England and Wales) 262538 Prlnclpal addrnss 62 Litda Yèldham Road Litue Yeldham Halstead E$5ex C094QT Independent examiner Affinia IHalsleadl The Maltings Rosemary Lan& Halstead Essex C09 IHZ 84nkers HSBC 173 High Str88t Homchurch Essex RM113YS Sollcltors Nockdds LLP Market Square Bishops Slortford Hertfordshire CM23 3UZ
WILLOW TREE SANCTUARY FOR ANIMAL WELFARE CONTENTS Pa9e Trtjstees, report Independent examinerfs report Stslemenl of fin8na818clivilies Balance sheet Notes to the financial statements 6-12
WILLOW TREE SANCTUARY FOR ANIMAL WELFARE TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their annual report and financial statements for the year ended 310ecember 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's goveming document, the Charities Act 2011, FRS 102 'The Financial Reportin9 Standard applicable in the UK and R8public of Ireland" and the Charities SORP .CountIng and Reporting by Charities.. Statemènt cif Recommended Practice applicable to charities pr6paring their accounts in accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 Objectives and a¢tivitieg Public benefit The trustees have paid due mgard to guldance issued by the Chartty Commission In deciding what acdvltles the charity should undertake. Activities Thè ebjeclives of thé charity are io reseue and acquirè by pur¢hasè or tsth8rwi58. any animals of any kind whatsVer which are Ill-treated, ill-used. abandoned or have otherwise fallen on bad times. lo look after. maintain and protect for such period and in such manner as the trustees may think fit any animal of any kind whatsoever which through old age, sickness or otherwise is unable to care for itself and to arrange for (he humane destruction of any animal when considered desirable. Achlèvernents and pèrformance Significanl actiwties and achi&vements against obieclives Throughout the year, Willow Tree Sanctuary for Animal Welfare has supported a wide range of other local charities, whose objectives and activities closely align to the intentions ol Willow Tree. via the provision ol funds for upkeep and payment of veterinary bills. Financial raview PrinpaI funding sources The charity is an independent society, unconnected wth any other organisation, which relies entirely upon gifts and voluntary contributions. Rese poli¢y The trustees review tha charity's rèservas Iraquendy and aim to have liquid funds to covèr net operating costs for five yaars with any surplus availablè for capital axpanditurè. Inveslmenlpolicy The tru81Èes' Powe of investmerit of surplu$ lund$ are not Ig$tri¢ted. Structure, governance and management The charity is controlled by its governing document, a deed of trust and constitute5 8n unincorporated charity, Tha trustees who served during (he year and up lo the dato of signature of the finanaal statements were.. Mrs J A yaaod Mrs C A M Drain MS C Ryan Recruitrnent and appointment oflmstses The appointment of new Iru5tees 15 governed by th8 deed of trust. New trustèes are appointed by Mrs C Drain.
WILLOW TREE SANCTUARY FOR ANIMAL WELFARE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 OrganNsètK)nèl stnJ¢turè Thè charity opèratès frtsm Willow Tree Fam), Galnsford End. Topposfi&ld, Essèx. Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriale controls are in place to provide reasonable assurance against fraud and error. Th8 trustees. report was approved by the Board of Trustees. DAa4 Mrs C A M Drain Trustee Date.. 10 October 2025
WILLOW TREE SANCTUARY FOR ANIMAL WELFARE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WILLOW TREE SANCTUARY FOR ANIMAL WELFARE I report to the truslees On my examinalion of Ihe financial statsments of Willow Tree Sanctuary for Animal Well8r¢ Ithe ch8rityl lor thè y$ar ènded 31 Dec8mber 2024. ResponslbllStles and basis ol report As the Iruslees of the charty you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011. report In respect of my examinats'on of the charity's finanaal statements Carried out under section 145 of the Ch8r.88 Act 2011. Ir5 carrying out my ex8mlllation I have followed th9 Directions given by the Charity Cotnmi5sion under SlI0n 145ISllbl of th8 ch8rits.es Act 2011. Independènt examlnerfs statomont Your attention is drawn lo the fact that the charity has prepared the financial 5tat8nent5 in accordance with the relevant version of the Slalemenl of Recornmended Practice applicable to charities preparing thr finanaal statements in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 in preference lo the Accounting and Reporttng by Charities." Statement of Recommended Practi issued on 1 April 2005 which is referred to in th8 extant regulati()ns but has now been withdrawn. l understand that this has b8gn done in ordèr for the finana81 statements to protridtr a true and fair &W ln accordance wth UK G¢n6r8lly Acc8pled Awounting Practice. I have completed my examination. I Confi that no matters have come to my attenknon in o)nneclion wth the examination giving me cause to believe that in any material respect.. accounting r8cords were not kept in respect of the charity as r8quired by Section 130 of thg Ch8ritiesAcl 2011. th8 financlal statèmants do not acctrrd with thosè r8cords', 01 the financial statements do not comply with the applicable requirements concerning the forrn and content of financial statements set out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement that the linanaal statements give a true and fair view, which is not a malte¥ considered as part of an Independent examlnation. I haven should b ncems and have come across no other matters rn connection with the examinats'on to whi¢h attgnb'on awn in this report in uder ¢0 enable a proper understanding ol the finanrial statements to be reached. Andrew Robert Graham Gr8en Afflnia IHal$tead) The Mallings Rosèmary Lana Halstead Essex C091HZ Date..
WILLOW TREE SANCTUARY FOR ANIMAL WELFARE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unro¥tri¢ted fund• 2024 Unrestrided funds 2023 Notes Income and endowmonts from: Donation5 and le98cies Investments Other income 68,454 36,686 29.029 32,640 318 Total incomg 105,142 61,987 Exp•ndltur• on: Charitable activities Other trxpendilure 68,631 2,875 68.333 11 Total expenditure 71,506 68.333 Net gainslllossesl on investmenis 12 12.908 2.572 Net Incomel{expendlture) and mov•m•nt In fur*ds 46,544 13.7741 RocDn¢iliation of fund5= Fund balances at 1 January 2024 1,121,976 1.125.7SO Fund balan¢è$ at 31 Drfembor 2024 1.168,520 1.121,976 The stslem8nl of financial activities includes all gains and losses recognised in the year. All iome and expenditure derive from continuing activibes.
WILLOW TREE SANCTUARY FOR ANIMAL WELFARE BALANCE SHEET ASAT 31 DECEMBER 2024 2024 2023 Note5 Fix•d asststs Tangible assets Investments 14 15 3,375 218,372 231,280 231,280 221,747 Current assets Debtors Cash at bank and in hand 16 744 910,567 943,328 943,328 911,311 Credltors= amounts falllng due wlthln one year 17 16,0881 111,0821 N•t eurrènt a$s•ts 937,240 900,229 Total a88ets less current Ilabllltles 1,168.520 1,121.976 The funds of the charlty Unrestricted funds 18 1,168,520 1,121,976 1,168.520 1,121,976 10 October 2025 The financial statements were app¥oved by the trustees on ......................... Mrs C A M Drain Tru5te•
WILLOW TREE SANCTUARY FOR ANIMAL WELFARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcles 1.1 A¢¢ounting convention The financial statements have been prepared in accordance the charity's governing document, Ihè Charities Act 2011. FRS 102 'The Finan¢ial Reporting Standard appllcable in the UK and Republie of Ireland" and the Charit18s SORP "Accountin9 and Reporting by Charities.. Statement of R8Gornmended Prackn. applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.. The charity is a Public Benefrt Entily a5 defined by FRS 102. The ¢harlty has taken advaniag9 of thè provlslons In Ihè SORP for charfties not lo propare a slatnI ol cash flows. The financial statements have departed from the Chanties IAc¢ounls and Reports) Regulations 2008 only to the extent required to provMJe a true and fair view. This departure has involved following the Ststement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Rècommended Practice which Is r&ferred to in the Règulations but which has since bean withdrawn. The financi81 st81ements are prep8Ted in slerf1, which is the fvnclional currency of the ¢h8rity. Monetary arnoun15 in these finanual stslements are rotjnded lo the nearest £. The financial sia(emenis have boen prepared under the historical cosl convenlion. Imodffied to include the revaluation of freehold properties and lo include investment propeeS and rtain financial instruments at lair valuel. The principal accounting policies adopted are set out below. 1.2 Going ¢onwn At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to contlnLJe In operational 6XlStence for the foreseeable future. Thus the trustees continuè to adopt th* going concèrn basis of accounting in preparing th6 financial statements. 1.3 CharStable funds Unrestricted funds can be used in accordan with the charitable objectives at Ihe discretion of the trustees. ReslTicled funds can only be used lor particular restricted purposes within the objects of the charity. Reslriclions arise when specified by the donor or when funds are raised for particular restricted purposes. The charity current)y has no restricted funds. 1.4 Income Al income is recognised in the Statement of Financial Activities once the charity has enlillement lo Ihe funds. it is wobable that the income will be received and the amount can be measLtred reliab5y. Cash donations are recognised on receipt. other donations are recognised once the charity ha5 been notified of the donat, unless performance conditions require deferral of the amount. Legacies are taken into account on receipt from the estate benefactor. Donations and monies from fund raising evenis are taken into account in the yeai received.
WILLOW TREE SANCTUARY FOR ANIMAL WELFARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Aeeounting policiès (Continued) 1.5 Expenditure Expenditure is recognisod once ther8 15 8 legal or con51rtJcts've obligation lo transler economic benefit to a third party, it is probabl8 that a transfer of economic benefit5 will be required in settlement. and the amount of the obligation can be Tll8asured reliably. Expenditure is classified by activity. The costs of each aCtty are made up of the total of drt costs and shared costs, induding support costs involved in undertaknng èach acbvity. Diract costs attributatl8 to a singl8 activity are allocated directly to that aetivity. Shared costs which eontributè to mor8 than onè aetiwty 8nd support costs which arè not attributablè tts a Single activity are apports'oned be¢we8n those activit$ on a basis consistÈnt with the use of resources. Central staff costs are allocated on the basis ol time spent, and depreciation charges are allocated on the portion of the asset's use. Governance costs are those incurred in Connection with administration of the charity and compliance with ¢onstitulional and statutory requirernents. Charitablè expenditure comprises those costs incurred by the charity in its delivery of its actwties and service5. 11 includes both costs that can be allocated directly to such activities and those of an indirect nature necessary to support them. 1.6 Tanglble fixed assets Tangibl8 fixed assets are initially measured at cost and subsequently measured at C05t of valuation, nel ol depreciation and any impairment losses. D8pf8e1atlon 1$ r8c()gnis8d so 8$ lo write off the cost or valuation of as8els le55 their residual values over their usgful IIv95 On the foll¢)wing bases.. Freèhold land and bullding8 Plant and equipment Motor vehicles 10% on reducing balance 10Yo tsn cost 2510 on reducing balance Th8 gain or loss arising on the disposal ol an asset is determined as the difference betren the sale Pfoceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Fixgd a55et investments Invèstm8nts arè méasurèd initially at cosl 8nd subsequently al fatr value ltheir market valuel al the reporting dat8. The rn8thods in determining the fair value is sirnply lo rewew the specific funds value per share al the reporting date trom Ihe business website. 1.8 Cash and cash equivalents Cash and cash èquivalants includè cash in hand, d&posils held al rall with banks, o*h8r short-lerrn liquid investments with original maturitses of three months or less, and bank over¢Jrafts. Bank overdrafts are shown wthin borrowings in current liabilities. 1.9 Taxatlon The charity is currently exempt from tax on its charitable actsvities.
WILLOW TREE SANCTUARY FOR ANIMAL WELFARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 crltleal a¢eountlng èstlmatè$ and ludg¢ments In the application ol the charity'5 accounting policies. the trustees are required to make judgernents. estimates and assumptions about the carying arnount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumpiions are based on hisiorical experience and other factors that ore consideied to be reVant. Actual results may drtrer from thèse estimates. The estlmates and underfying as5umption5 are reviewed on an ongoing basis. Revisions to accounting estimates are re¢ogni59d in the period in which the e51imale is revised where the revision affects only that period. or in the pericxd of the revision and future periods where the revision affe¢15 both current and fvtuie pers. Incomè from donatlons and l•gael•s Unrestrictgd fund$ 2024 Unrestricl?d funds 2023 Donations and gifts Legacies 2.640 65,814 11,517 17,512 68.454 29,029 Income from inv•¥tmènts Unrestrictgd Unre$trict¢d funds funds 2024 2023 Intest receNable 36.688 32,640 Othèr ineomè Unrestrlcted Unrestricted funds funds 2024 2023 Othèr income 318
WILLOW TREE SANCTUARY FOR ANIMAL WELFARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Expendlture on charltable actlvltles Sanctuary 2024 Sanctuary 2023 Other 2023 Total 2023 Dlre¢t cgsts Staff ¢osls Overheads- Rates, L&H Insurance Repairs and renewals Fe8ding c05tS Hors8 Ilvèry kènnels ètc Vetinary fees and medicines Donations 513 729 1.258 221 364 12,433 25,144 4,159 2,022 599 2,073 15,oe9 10,275 25,144 4,159 2,022 599 2,073 15,089 10.275 5,500 55,961 59,361 59,361 Share of support and governance ¢osts Ise* note 71 Support 12,670 6,172 2,800 8,972 68.631 65,533 2.800 68,333 Analysls by fund Unreslri¢led funds 68.631 65,533 2.800 68,333 Support costs allocated to acdvitle8 SanetuÈry 2024 Totsl 2023 Depreciation Telephorte and internet Postag& and ststionary Miscellaneous Motor and travelling expenses Bank ¢h8rg8S Governance 1.125 523 14 279 1,272 65 5.694 724 24 62 11,860 12,670 8,972 2024 2023 Governance costs comprise.. Audit fees Ac£ountancy 4,300 7,560 3,000 2.694 11,860 5,694
WILLOW TREE SANCTUARY FOR ANIMAL WELFARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 N•t mov•m•nt In funds 2024 2023 The net movement in funds is slated after chargingllcreditingl.. Fees payable for the independent examination of the charity's financial statements Depreciation of ovmed tangible fixed assets Loss on disposal of tangible fixed assets 4,300 3,000 1,125 2,875 Trustaes Nong of the trustags lor any person$ ¢onngCted with them) r9ceivgd any rgmuneration or bènèfits from th9 charity during the year. 10 Employ••s Thg averogè montt)ly numbèr of eMploè$ during the ya8r w8$.. 2024 Number 2023 Number Employmènt costs 2024 2023 Wages and salaries 513 25,144 There wero no ernployaes whosa annual remun&raon was mora than £60,000. 11 Othgr expendlturo Unrestricted Unrestri¢ted funds funds 2024 2023 Nal loss on dispos81 ol tangible fixed 8ss0ts 2.875 12 Galns and losses on Snveslments unr•Strict Unrnstrict8d funds funds 2024 2023 Gainslllos5esl arising on.. Revaluation of investrnents 12.908 2.572 10-
WILLOW TREE SANCTUARY FOR ANIMAL WELFARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 13 Taxat5on The chaTity is exempl from tsxation on its activilre3 because all its income is applied for charitable purposes. 14 Tanglbl• fixèd ass•ts Fr*ohold land and buildlngs Plarrt and •qulprnent Total Vohlcks Cost At 1 Jant4ary 2024 Dlsposals 24,959 10,208 9,650 18,0001 44,817 18,000} Al 31 December 2024 24,959 10.208 1,650 36,817 Oepreclatlon and 5mpalmient At 1 January 2024 Eliminated in respect ol disFM)sals 24,959 10,208 6,275 14,6251 41,442 14,625} At 31 D8cembèr 2024 24,959 10,208 1,650 36,817 Caffylng amount At 31 De¢ember 2023 3,375 3,375 IS Fixed assot investments Llst investments Cost or valuation Al 1 January 2024 Valuation changes 218,372 12,908 At 31 December 2024 231.280 Carrylng amount At 37 December 2024 231,280 Al 31 December 2023 218,372 Fixed asset investments revalued Thè base cost of the fixèd asset inv8Stmènt was £200,000 in 2020. Thè total valuè of re-valtsations since eqLJat8 10 £28,39512023.' £18,3721. Thère is also a ¢ash balancè held within thè fund of £2.88512023.. £NILI. Re-valuations are Made in line wrth the rnarkel value as al the year end of the money markèt mixed portfolio fund. The Invastmant Is in a mlxad portfolio fund.
WILLOW TREE SANCTUARY FOR ANIMAL WELFARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 16 Debtors 2024 2023 Amounts falllng du• wlthln onè yèar: Other debtors Pr$payments and ac¢rue(l income 514 230 744 17 Crèdltors: amounts falllng duo wlthln on8 yaar 2024 2023 Other creditors Accruals and deferred income 3,588 2,500 3,588 7,494 6.088 11,082 18 Unre¥tricted fund¥ Th8 unrestricted funds of the chaTity compris8 the un8xpend8d balances of dc>nations and grants which are not subject lo specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for speafic pvrp05es. At 1 January 2024 Incomlng r•sourcès R•sourc•s èxp•nd•d Galns and Iosms At31 Dèc•mb&r 2024 G8n8r81 funds 1,121,976 105,142 171,5061 12,908 1,168,520 Prevlou$ year: At 1 January 2023 In¢omlng Tesources Resour¢•$ expended G4ln$ and 10$$95 At31 D•cember 2023 Ganaral fijnds 1.125,750 61,987 168,3331 2,572 1.121,978 12-