## **STOKENCHURCH DOG RESCUE**
## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021**
## **INDEX**
|Page|1-5|Trustees Report|
|---|---|---|
||6|Independent Examiners’ Report|
||7|Statement of Financial Activities|
||8|Balance Sheet|
||9-15|Notes to the Financial Statements|
Charity No: 274589
1
## **STOKENCHURCH DOG RESCUE**
## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 JANUARY 2021**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Trustees** Joyce Marriott Les O’Dea Robin Gates Lesley Peel David Chinn Caroline Watson Christine Woodcock Tim Ireland **Charity Number** 274589 **Accountants** Critchleys Audit LLP Beaver House 23-38 Hythe Bridge Street Oxford OX1 2EP **Charity Offices** Tower Farm Oxford Road Stokenchurch Bucks HP14 3TD **Bankers** CAF Bank Limited Kings Hill West Malling Santander UK plc Bridle Road Bootle Merseyside
2
## **STOKENCHURCH DOG RESCUE**
## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 JANUARY 2021 (CONTINUED)**
## **STRUCTURE, GOVERNANCE & MANAGEMENT**
The Charitable Trust is constituted by a Trust Deed.
The Charity is governed by a Board of Trustees, drawn from the local area who are able to bring particular skills or expertise to the management of the Charity. Trustees are elected at the Annual General Meeting. The existing Trustees may nominate new people to fill casual vacancies and these people will serve until the next Annual General Meeting.
Trustee meetings are held once a month to review all areas of the Charity’s activities. The kennel management team also attend when required to provide information and data as required.
Introduction of new Trustees comprises of a meeting with the Chair to review the Charity’s activities and objectives. They are then invited to attend the next Board meeting to give a short overview of their background to the rest of the Board. They will then leave the site and the Trustees will take a vote on their suitability and, if deemed suitable, they will be invited to attend the next Board meeting as a Co-opted Trustee until the next AGM. They will receive a comprehensive hand-out detailing the requirements and responsibilities of a Trustee together with a copy of the latest Financial Statements, a copy of the Constitution of the Charity and they must also sign the Trustee’s Code of Conduct. Whilst they are able to participate in discussions etc they are not allowed to vote until their position is ratified by the members present at the next available AGM.
Members of the Board of Trustees give their time voluntarily and receive no benefits from the Society. For the period of February 2020 up to and including January 2021 the Trustees’ attendance at meetings – either at the kennels or via Zoom was as follows:
|Joyce Marriott|12||
|---|---|---|
|David Chinn||12|
|Les O’Dea*||10|
|Robin Gates||9|
|Lesley Peel||12|
|Caroline Watson||9|
|Christine Woodcock||9|
|Tim Ireland*||10|
|Mike Shaw*||5|
|Suzanne Barker*||2|
|Roger Anderson*||6|
Sadly we have, or shortly will be, losing the valued help and support from those identified above. To Mike, Tim, Les and Suzanne we wish them all the very best for the future and acknowledge their help and support which has been truly valued.
## **RISK MANAGEMENT**
The Trustees have a risk management strategy which comprises of:
- an annual review of the risks the Charity may face;
- the establishment of systems and procedures to mitigate those risks identified in the plan; and
- the implementation of procedures designed to minimise any potential impact on the Charity should those risks materialise.
Procedures and policies have been put in place to manage these risks with specific attention paid to re-homing each dog safely to an appropriate home.
3
## **STOKENCHURCH DOG RESCUE**
## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 JANUARY 2021 (CONTINUED)**
## **OBJECTIVES AND ACTIVITIES FOR THE PUBLIC BENEFIT**
The objectives of the Charity, as set out in its’ Constitution are:
- to rescue, house and place in good homes unwanted dogs and strays in the Wycombe district and surrounding areas.
- to care and protect dogs in need of attention by reason of sickness, maltreatment, poor circumstance and similar cases.
The policy of the Charity is to continue to care and protect dogs in need. This provides benefit to the public by re-homing dogs that they are no longer able to keep for a variety of reasons and rehoming them to suitable homes. It also ensures that abandoned dogs will not cause any accidents/injuries to the public or themselves.
The Trustees have complied with the duty in section 17(5) of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission.
4
## **STOKENCHURCH DOG RESCUE**
## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 JANUARY 2021 (CONTINUED)**
## **ACHIEVEMENTS AND PERFORMANCE**
During 2020 we took in 65 dogs and found homes for 82. Of the 65 intakes, 11 of which were returned back to the kennels. Sadly, we had to have five dogs PTS due to old age and their failing health conditions. This decision is not taken lightly but the welfare of the dog is paramount at all times and each such decision will always be supported by a veterinary surgeon and, if appropriate, a professional behaviourist.
Despite not being able to run our normal range of events, fund raising continued in alternative ways and these will be covered later.
Thankfully it is not always doom and gloom and I must mention one of our recent successes, namely Teddy – a 12 week old puppy. He was brought to us as ‘unwanted’ due to his right leg having both the ulna and radius badly broken. It was felt that, due to the severity of the breaks and the small size of said bones, that he may have to have the leg amputated.
Thankfully the surgeons at the Ralph Referral Hospital in Marlow worked their magic and his leg was saved and he can now find a safe and loving home and enjoy life on four legs!
However, such treatment comes at a price, despite the ‘Charity’ discount - and we are indebted to the kind and thoughtful legacies, grants and donations that enable us to be able to offer a safer and pain free future for these dogs.
Again, due to Coronavirus, our re-homing and fundraising activities have had had to be drastically reduced but on-line initiatives have continued and I am pleased to report that our popular Table Top sales have recently been reintroduced – and are proving as popular as ever. Indeed at last month’s sale we even had to open the bottom ‘over-flow’ car park – for the first time - to accommodate the number of visitors arriving that morning.
As most of you may be aware Debby, our Head of Administration, took the very sad decision to resign, due to her on-going health issues. This was a very difficult decision for her to make and she leaves a very large gap for us to try to fill. But she is still supporting us as a volunteer and helping with admin tasks that can be undertaken ‘from home’, and long may this continue.
However this did give us the opportunity to revisit the role and adjustments were made. Hence we are now actively seeking a Head of Support Services, which we feel better reflects the work and responsibilities that this position requires. In addition, following the resignation of Linda Clark – our part-time Events Co-ordinator and also on health grounds - we are looking forward to welcoming her replacement Emma Rangeley who is due to join us next week. In the short-term until we can fill the role of HoSS, Emma will report to either David or myself.
Also, earlier this year, we appointed two new Dog Carers, Peter Long and Jessica Garwood and both have settled in well. On that note I would like to take this opportunity to thank all of the staff for ensuring, despite all of the necessary restrictions etc, that we have had to encounter over the past 18 months, the care of the dogs has not been compromised in any way and they too are looking forward to better times ahead.
5
## **STOKENCHURCH DOG RESCUE**
## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 JANUARY 2021 (CONTINUED)**
## **FINANCIAL REVIEW**
The Charity continues to rely upon membership subscriptions, donations including adoptions, and on various methods of fundraising for its income.
Like most charities our greatest form of income comes from legacies but of course these cannot be foreseen and, therefore, cannot be legislated for. Whenever a legacy arrives it is always a mixed blessing; given the circumstances surrounding the bequest and the loss to the family concerned.
We were also very fortunate in being awarded grants from providers during the year resulting in a total sum of £47,750
Total income for the year was £280,455 (£335,313). This was a decrease of £54,858 or 16%. This was mainly caused by a reduced level of legacies compared with the previous year. By their nature it is difficult to predict accurately the value of legacies in a given period. Much of our fund raising activities were curtailed due to Covid restrictions; this was particularly evidenced by the cancellation of our open day.
Total expenditure was £287,816 (£313,855) a reduction of £26,039 or 8%. This was in part caused by a decrease in activities. Staff costs were less than budgeted for because although we included an item to cover the costs of temporary cover for a senior member of staff who was absent due to long term illness. In practice due to dedication of the staff member and restricted access we were able to function without the temporary help.
Consequently, we finished the year with a net deficit of £7,361 (2020: profit of £21,458).
Cash at bank at the yearend amounted to £237,713 (2020: £222,021) with current liabilities of £24,510 (2020: £8,272).
## **Reserves**
It is the policy of the Charity that unrestricted reserves, which have not been designated for a specific use, should be maintained at a level capable of supporting at least six months otherwise unfunded expenditure.
The Trustees consider that reserves at this level will ensure that in the event of a significant drop in income they will be able to continue while consideration is given to ways in which additional funds may be raised.
As at 31 January 2021, general funds were £279,154 equating to about 11 month’s expenditure. The level of reserves is reviewed on a regular basis at the Trustee meetings.
## **Investment Policy**
The Charity does undertake limited investments on the strict policy that the funds chosen are not high risk and are ethical and do not include companies that tested on animals.
ON BEHALF OF THE BOARD
Joyce Marriott (Trustee)
…………………. 2022
6
## **INDEPENDENT EXAMINERS’ REPORT TO THE TRUSTEES OF STOKENCHURCH DOG RESCUE**
I report to the trustees on my examination of the accounts of the charity for the year ended 31 January 2021, which are set out on pages 7 to 15.
## _**Responsibilities and basis of report**_
As the charity trustees of the Trust 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 Trustee’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commissioner under section 145(5)(b) of the 2011 Act.
## _**Independent examiner’s statement**_
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I a member of Institute of Chartered Accountants in England and Wales which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- (1) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
- (2) the accounts do not accord with those records; or
- (3) 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 give a ‘true and fair view’ 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 to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## **Name of examiner:** Colin Mills
## **Name of firm:** Critchleys Audit LLP
**Relevant professional body:** Institute of Chartered Accountants in England and Wales **Address:** Beaver House, 23-38 Hythe Bridge Street, Oxford, OX1 2EP
## **Date:**
7
## **STOKENCHURCH DOG RESCUE**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JANUARY 2021**
|Note
**INCOME FROM**
Charitable activities
3
Donations and legacies
4
Other trading activities
5
Investments (interest receivable)
**TOTAL INCOME**
**EXPENDITURE ON**
Raising funds
Charitable activities – Dog Rescue
Centre
6
**TOTAL EXPENDITURE**
Net income/(expenditure)
Transfers between funds
14
Net movement in funds
**RECONCILIATION OF FUNDS**
Total funds brought forward
Total funds carried forward|**2021**
**Unrestricte**
**d**
**£**
16,624
224,816
22,076
1,404
264,9
20
7,732
270,684
278,
416
(13,496)
38,135
24,639
1,211,
156
1,235,795|**2021**
**Unrestricte**
**d**
**£**
16,624
224,816
22,076
1,404
264,9
20
7,732
270,684
278,
416
(13,496)
38,135
24,639
1,211,
156
1,235,795|**2021**
**Restrict**
**ed**
**£**
-
15,535
-
-
15,535
-
9,400
9,400
6,135
(38,135)
(32,000)
4
4,574
12,574|**2021**
**Total**
**£**
16,624
240,351
22,076
1,40
4
2
80,455
7,732
280,084
2
87,816
(7,361)
-
(7,361)
1
,255,730
1,248,36
9|**2020**
**Total**
**£**
35,265
260,057
38,837
1,154
335,313
5,901
307,954
313,855
21,45
8
-
21,458
1,234,27|
|---|---|---|---|---|---|
||
|
||||
||
|
||||
||||||2|
||||||1,255,73|
||||||0|
8
## **STOKENCHURCH DOG RESCUE**
## **BALANCE SHEET AT 31 JANUARY 2021**
|Note
**FIXED ASSETS**
Tangible assets
9
Intangible assets
10
**CURRENT ASSETS**
Debtors
11
Cash at bank and in hand
**CURRENT LIABILITIES**
Amounts falling due within one year
12
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
Creditors: amounts falling due after
more than one year
13
**NET ASSETS**
**CAPITAL AND RESERVES**
**Unrestricted funds**
Capital reserve
14
General funds
14
**Restricted funds**
14
**TOTAL FUNDS**||**2021**
**£**
**£**
1,011,48
3
2,15
8
1,013,64
1
66,525
237,713
304,238
(24,510)
279,728
1,293,36
9
(45,000)
1,248,36
9
956,641
279,154
12,57
4
1,248,36
9|**2020**
**£**
**£**
933,304
3,262
936,566
105,414
222,02
2
327,436
(8,272)
3
19,164
1,255,73
0
-
1,255,73
0
936,566
274,590
44,57
4
1,255,73
0|**2020**
**£**
**£**
933,304
3,262
936,566
105,414
222,02
2
327,436
(8,272)
3
19,164
1,255,73
0
-
1,255,73
0
936,566
274,590
44,57
4
1,255,73
0|
|---|---|---|---|---|
||||||
|||||936,566|
|||||274,590|
|||||44,57
4|
|||||1,255,73
0|
These financial statements were approved and authorised for issue by the trustees on ………….. 2022.
…………………………………………. Joyce Marriott (TRUSTEE)
9
**STOKENCHURCH DOG RESCUE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021**
## **1 CHARITY INFORMATION**
The charity is an unincorporated charity and a public benefit entity. It operates from Tower Farm, Oxford Road, Stokenchurch, Bucks, HP14 3TD
## **2 ACCOUNTING POLICIES**
The principal accounting policies adopted in the preparation of the financial statements are set out below:
## **a) Basis of preparation of accounts**
The financial statements are prepared under the historical cost convention, the Charities Act 2011 and include the results of the charity’s operations which are described in the Trustees’ Report and all of which are continuing.
The financial statements have been prepared in compliance with FRS 102 and the Statement of Recommended Practice (SORP), Accounting and Reporting by Charities (FRS 102).
There are no uncertainties about the charity’s ability to continue as a going concern.
## **b) Legacies**
Legacies are recognised when the charity is notified of its entitlement to receive the income and the value can be measured with sufficient reliability.
## **c) Other income**
Donations and similar income is recognised in the year they are received. Other income is included on a receivable basis.
## **d) Fixed assets**
Fixed Assets are capitalised at cost and depreciated over their useful life as follows:
Land Nil Buildings 2% straight line Outside runs 5% straight line Equipment 20-25% straight line
## **e) Funds**
Restricted funds represent monies donated for a specific purpose. Designated funds represent unrestricted funds that have been set aside by the Trustees for a specific purpose.
## **f) Expenditure**
Expenditure is included on an accruals basis. These are split between costs of raising funds and the charitable activity.
10
## **STOKENCHURCH DOG RESCUE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021 (CONTINUED)**
|**3**
**INCOME FROM CHARITABLE ACTIVITIES**
Adoptions
Boarding fees
Stray dog fees and microchipping
Pet plan commission
**4**
**DONATIONS AND LEGACIES**
Donations
Legacies
Grants
Membership
Miscellaneous
**5**
**OTHER TRADING ACTIVITIES**
Sponsorship
Fundraising
Sale of dog food and goods||**2021**
**£**
13,470
-
397
2,757
16,624
**2021**
**£**
75,495
91,306
47,550
11,945
14,055
240,351
**2021**
**£**
5,066
16,995
15
22,076|**2021**
**£**
13,470
-
397
2,757
16,624
**2021**
**£**
75,495
91,306
47,550
11,945
14,055
240,351
**2021**
**£**
5,066
16,995
15
22,076|**2020**
**£**
21,585
10,336
1,020
2,324
35,265
**2020**
**£**
71,217
129,406
46,500
10,417
2,517
260,057
**2020**
**£**
3,920
34,811
106
38,837|
|---|---|---|---|---|
||||||
||||||
||||||
## **6 EXPENDITURE ON CHARITABLE ACTIVITIES**
|2021: Dog Rescue Centre
2020: Dog Rescue Centre|**Activities**
**Undertaken**
**Directly**
**(Note 7)**
**Support**
**costs**
**(Note 8)**
**£**
**£**
265,421
14,663
290,984
16,970||**Total**
**£**
280,084|
|---|---|---|---|
||||307,954|
11
## **STOKENCHURCH DOG RESCUE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021 (CONTINUED)**
## **7 ACTIVITIES UNDERTAKEN DIRECTLY**
|**ACTIVITIES UNDERTAKEN DIRECTLY**|||||||
|---|---|---|---|---|---|---|
|Staf costs
Donations to Stokenchurch Dog Rescue CIO (note
16)
Kennel costs
Kennel and premises repair
Other kennel costs
Rates, insurance and utilities
Depreciation
**Staf costs**
Salaries
National insurance
Pension contributions
Average number of employees in the year||||**2021**
**£**
107,157
43,000
19,433
43,361
22,120
30,350
265,421
102,489
1,980
2,688
107,157
9||**2020**
**£**
157,636
-
22,876
54,149
26,775
29,548|
|||
|
|||
290,984|
|||||||147,045
6,723
3,868|
||||
|||
157,636|
|||||||9|
No employee’s emoluments exceeded £60,000 in either year.
Key management personnel remuneration in the year was £NIL (2020 £nil).
## **8 SUPPORT COSTS**
|Telephone
Printing, postage and stationery
Motor and travel expenses
Miscellaneous costs
Governance costs:
Independent examiner’s fees|**2021**
**£**
2,432
5,636
1,589
3,376
1,630
14,663|**2020**
**£**
3,109
4,552
2,005
5,729
1,575|
|---|---|---|
|||
16,970|
No Trustees were reimbursed travel expenses in the year (2020: No Trustees were reimbursed). No trustee received any remuneration in either year.
12
## **STOKENCHURCH DOG RESCUE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021 (CONTINUED)**
## **9 TANGIBLE FIXED ASSETS**
|Freehold
Land
£
**Cost**
At 1 February
2020
83,114
Additions
-
At 31 January
2021
83,114
**Depreciation**
At 1 February
2020
-
Charge in year
-
At 31 January
2021
-
**Net book value**
-
At 31 January
2021
83,114
At 31 January
2020
83,114||Freehold
Buildings
£
340,000
-
340,000
204,000
6,8
00
210
,800
129,200
136,000|Freehold
Buildings
£
340,000
-
340,000
204,000
6,8
00
210
,800
129,200
136,000|Freehold
Buildings
£
340,000
-
340,000
204,000
6,8
00
210
,800
129,200
136,000|Building
Improvemen
ts
Equipme
nt
£
£
881,309
25,511
107,4
25
-
988,7
34
25,511
180,018
25,511
19,775
-
199,793
25,511
788,941
-
701,291
-|Outside
Runs
£
53,413
-
53,413
40,514
2,
671
4
3,185
10,22
8
12,899|Outside
Runs
£
53,413
-
53,413
40,514
2,
671
4
3,185
10,22
8
12,899|Outside
Runs
£
53,413
-
53,413
40,514
2,
671
4
3,185
10,22
8
12,899|Total
£
1,383,34
7
1
07,425
1,|Total
£
1,383,34
7
1
07,425
1,|Total
£
1,383,34
7
1
07,425
1,|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||
|||||07,425||
||||||||
|||1,||
||||||||||490,772
450,043
29,246
47|||
|||
|
|
|||
|
||||
||||||||||||47|
||||||||||9,289
1,011,48|||
||||||||||3
933,304|||
|||||||||||||
The land and buildings comprise of kennels, offices and dog welfare and assistant dog welfare manager’s accommodation at tower Farm, Stokenchurch, Bucks whose current insurance re-instatement value is estimated to be £1,444,000.
## **10 INTANGIBLE FIXED ASSETS**
|Databas
e
£
**Cost**
At 1 February 2020
4,413
Additions
-
At 31 January 2021
4,4
13
**Amortisation**
At 1 February 2020
1,151
Charge in year
1,104
At 31 January 2021
2,2
55
**Net book value**
At 31 January 2021
2,158
At 31 January 2020
3,262|Databas
e
£
**Cost**
At 1 February 2020
4,413
Additions
-
At 31 January 2021
4,4
13
**Amortisation**
At 1 February 2020
1,151
Charge in year
1,104
At 31 January 2021
2,2
55
**Net book value**
At 31 January 2021
2,158
At 31 January 2020
3,262|Databas
e
£
**Cost**
At 1 February 2020
4,413
Additions
-
At 31 January 2021
4,4
13
**Amortisation**
At 1 February 2020
1,151
Charge in year
1,104
At 31 January 2021
2,2
55
**Net book value**
At 31 January 2021
2,158
At 31 January 2020
3,262|
|---|---|---|
|||4,4|
||13
1,151
1,104
2,2||
|||
2,2|
|||55
2,158|
|||3,262|
13
## **STOKENCHURCH DOG RESCUE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021 (CONTINUED)**
## **11 DEBTORS**
|**2021**
**2020**
**£**
**£**
Prepayments
-
914
Legacies receivable
55,206
95,000
Other debtors
11,319
9,500
66,525
105,414
**12**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2021**
**2020**
**£**
**£**
Loan (note 13)
12,000
-
Trade creditors
8,540
265
Accruals
3,045
5,467
Other tax and social security
78
2,685
Other creditors
847
(145)
24,510
8,272
**13**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
**2021**
**2020**
**£**
**£**
Loan
45,000
-||**2020**
**£**
914
95,000
9,500|**2020**
**£**
914
95,000
9,500|**2020**
**£**
914
95,000
9,500|
|---|---|---|---|---|
|||
105,414
**2020**
**£**
-
265
5,467
2,685
(145)|
105,414||
|||||**2020**
**£**
-
265
5,467
2,685
|
|||||
8,272|
|||||**2020**
**£**
-|
The loan is interest free and is secured by charge over the charity’s freehold land and buildings.
## **14 RESERVES**
|**Capital Reserve**
**£**
At 31 January 2019
969,277
Net income
-
Transfers
(32,711)
At 31 January 2020
936,566
Net income
-
Transfers
20,075
At 31 January 2021
956,641|**General**
**£**
246,895
(5,016)
32,711
274,590
(13,496)
18,060
279,154|**Restricted**
**£**
18,100
26,474
-
44,574
6,135
(38,135)
12,
574|**Total**
**£**
1,234,272
21,458
-
1,255,730
(7,361)
-
1,248,3|**Total**
**£**
1,234,272
21,458
-
1,255,730
(7,361)
-
1,248,3|
|---|---|---|---|---|
||
||||
|||||69|
The Capital Reserve represents the net book value of the Charity’s fixed assets less loans to fund fixed assets
14
## **STOKENCHURCH DOG RESCUE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021 (CONTINUED)**
## **14 RESERVES (CONTINUED)**
|Restricted funds consist of:||||||||
|---|---|---|---|---|---|---|---|
||**At 1**||||||**At 31**|
|**Februar**||**Income**|**Expenditu**|||**Transfers**|**January**|
||**y**||**re**||||**2020**|
||**2019**|||||||
|**2020**|**£**|**£**||**£**||**£**|**£**|
|Vet fees|-|11,000|(11,000)|||-|-|
|Reception|18,100||||||12,574|
|refurbishment||-|(5,526)|||-||
|Car Park
|-|32,000||-||-|32,000|
||18,100|43,000|(16,526)|||-|44,574|
||**At 1**||||||**At 31**|
|**Februar**||**Income**|**Expenditu**|||**Transfers**|**January**|
||**y**||**re**||||**2021**|
||**2020**|||||||
|**2021**|**£**|**£**||**£**||**£**|**£**|
|Vet fees|-|9,400|(9,400)|||-|-|
|Reception|12,574|||||||
|refurbishment||-||-||-|12,574|
|Car Park
|32,000|6,135||-||(38,135)|-|
||44,574|15,535|(9,400)|||(38,135)|12,574|
If donations are for fixed assets, once the asset is purchased the balance is transferred to the capital reserve.
## **15 ANALYSIS OF NET ASSETS BY FUNDS**
|**Capital Reserve**
**2020**
**£**
Fixed assets
936,566
Net current assets
-
936,566
**Capital Reserve**
**2021**
**£**
Fixed assets
1,013,641
Net current assets
(12,000)
Creditors: amounts falling
due after more than one
year
(45,000)
956,641|**General**
**£**
-
274,590
274,590
**General**
**£**
-
279,154
-
279,154|**Restricte**
**d**
**£**
-
44,574
44,574
**Restricte**
**d**
**£**
-
12,574
-
12,574|**Total**
**£**
936,566
319,164|
|---|---|---|---|
||||1,255,730|
||||**Total**
**£**
1,013,641
279,728
(45,000)
1,248,369|
|||||
|||||
|||||
|||||
## **16 RELATED PARTY TRANSACTIONS**
During the year the charity has donated £43,000 to Stokenchurch Dog Rescue CIO, a charity with Trustees in common. Since November 2020 Stokenchurch Dog Rescue CIO has employed the staff who work at Stokenchurch Dog Rescue.
There are no disclosable related party transactions in 2020.
15
## **STOKENCHURCH DOG RESCUE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021 (CONTINUED)**
|**17**
**PREVIOUS YEAR’S STATEMENT OF FINANCIAL ACTIVITIES**
**2020**
**Unrestricte**
**d**
**£**
**2020**
**Restrict**
**ed**
**£**
Note
**INCOME FROM**
Charitable activities
3
35,265
-
Donations and legacies
4
217,057
43,000
Other trading activities
5
38,837
-
Investments (interest receivable)
1,154
-
**TOTAL INCOME**
292,313
43,000
**EXPENDITURE ON**
Raising funds
5,901
-
Charitable activities – Dog Rescue
Centre
6
291,428
16,526
**TOTAL EXPENDITURE**
297,329
_16,526
Net income/(expenditure)
(5,016)
26,474
Transfers between funds
14
-
-
Net movement in funds
(5,016)
26,474
**RECONCILIATION OF FUNDS**
Total funds brought forward
1,216,172
18,100
Total funds carried forward
1,211,156
44,574|**2020**
**Total**
**£**
35,265
260,057
38,837
1,15|
|---|---|
||
4
335,31|
||
3
5,901
307,954
313,855
21,45
8
-
21,458
1,234,27|
||2
1,255,73|
||0|