REGISTERED CHARITY NUMBER: 274589
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 January 2025
for
Stokenchurch Dog Rescue
Stokenchurch Dog Rescue
Contents of the Financial Statements for the Year Ended 31 January 2025
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Independent Examiner’s Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Cash flow Statement | 9 |
| Notes to the Cash Flow Statement | 10 |
| Notes to the Financial Statements | 11-20 |
Stokenchurch Dog Rescue Report of the Trustees for the year Ended 31 January 2025
The trustees present their report with the financial statements of the charity for the year ended 31 January 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charitable Trust is constituted by a Trust Deed and 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.
Trustee meetings are held once a month to review all areas of the Charity's activities. The kennel management team also attend as required to provide information and data.
Trustees are elected at the Annual General Meeting. The Constitution provides for a minimum of 2 trustees and a maximum of 11. When recruiting, trustees will endeavour to broaden the Board’s profile, skills and experience. Each trustee is interviewed by a sub-committee who will propose the person to the Board of Trustees to vote on their suitability. If deemed suitable they will be invited to attend Board meetings as a Co-opted Trustee until the next AGM. The existing Trustees may nominate new people to fill casual vacancies and these people will serve until the next Annual General Meeting.
New trustees will receive a hand-out detailing the requirements and responsibilities of a Trustee together a copy of the Constitution of the Charity and they must also sign the Trustee's Code of Conduct, Conflicts of Interest Policy and a Declaration of Eligibility. Whilst newly recruited Trustees are able to participate in discussions, 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 charity.
RISK MANAGEMENT
The Trustees have a risk management strategy which comprises:
-
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.
OBJECTIVES AND ACTIVITIES FOR THE PUBLIC BENEFIT
The objectives of the Charity, as set out in its Constitution is to relieve the suffering of stray and unwanted dogs in Buckinghamshire, Oxfordshire and Berkshire and surrounding areas.
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 re-homing 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.
1
Stokenchurch Dog Rescue
Report of the Trustees for the Year Ended 31 January 2025
ACHIEVEMENTS AND PERFORMANCE
In 2024 we welcomed 113 dogs into our care and successfully rehomed 110. Sadly, five dogs were put to sleep due to old age or failing health conditions. Such decisions are never taken lightly, and the welfare of each dog remains our paramount concern.
At Stokenchurch Dog Rescue (SDR) it is a core value to do the best we can for the welfare of every unwanted or abandoned dog we receive. We remain steadfast in this commitment, despite an increasingly challenging external environment.
The aftermath of the pandemic, coupled with the ongoing cost-of-living crisis, has led to a significant increase in dogs being surrendered or abandoned. Many of these dogs arrive with undisclosed or understated medical issues or behavioural concerns. At the same time, the rising cost of pet ownership has made potential adopters more hesitant, resulting in longer stays for some of our dogs. Currently, twelve dogs have been in our kennels for over a year. We continue to care for them with the same hope and dedication, believing that the right home is still out there for each of them.
A case close to our hearts is Dotty, an 8-year-old Staffordshire Bull Terrier who came into our care four years ago suffering from one of the worst skin conditions we have seen. She was not only in poor physical health but also deeply traumatised. Thanks to the dedication of our team, Dotty’s skin condition is now under control, and we are delighted that she has found a new home. SDR will continue to support her through our small discretionary fund by covering the cost of the medication for her skin allergy.
Dotty
Sadly, we are seeing more dogs arrive showing signs of severe neglect – young puppies and dogs that have been abandoned in appalling conditions- pregnant, starving, and wounded. Determined to help these dogs survive, we provide the intensive care they need in those critical, early days, and we go on to rebuild their shattered bodies and spirits so that these dogs get the second chance they deserve. That is why dog rescues like SDR are an essential part of the community.
Ocean
Our employees, volunteers and supporters all play their part in helping SDR to continue as a charity. For this we say thank you to everyone for their support and commitment.
To enhance the care we provide, we have installed surveillance cameras in two additional kennels, allowing staff to monitor dogs remotely with minimal stress, particularly during their early, often anxious, days with us.
Veterinary expenses continue to be one of our top three expenditures. We reviewed our veterinary costs during the year and confirmed that our current provider remains the most cost-effective. While we have increased membership fees, adoption donations, and reservation charges, these measures will only partially offset our rising costs. Given that all our spending is seen as essential, our ability to make further meaningful reductions is limited.
Our kennels, built in 2009 as part of a major upgrade from the previous outdated facilities, have served thousands of dogs over the years. These hardworking kennels are now showing signs of wear. Although we have identified necessary refurbishments, tiling, masonry, and painting, our first priority remains the wellbeing of the dogs, so this work will be phased as funds allow.
We are pleased to report the replacement of damaged ISO fencing, made possible by a generous donation. We have also installed screening between the paddock and meadow areas to minimise visual stress for our more reactive dogs.
Given our high footfall and community location, we have taken the proactive step of installing a defibrillator on-site. Our team has also completed First Aid and Fire Safety training.
2
Stokenchurch Dog Rescue
Report of the Trustees for the Year Ended 31 January 2025
We bid farewell and thank you to Stephen, our former Centre Manager, and we are delighted to welcome Robyn as his successor. We also said goodbye to Trustee John Cherry and we are pleased to introduce five new Trustees: Lucas Bergmans, Clare Facey, Tony Dempsey, Jo Lloyd and Peter Hall. Each brings valuable expertise across marketing, management, safety and risk, and the charity sector—strengthening our board’s capacity and expertise.
We are equally pleased to welcome Jen as our new volunteer Board Secretary. As part of our ongoing governance review, we have updated our Conflicts of Interest policy to reinforce transparency and accountability. In addition, we are in the process of transferring the Land Registry title for SDR to the Official Custodian of Charities which will remove the need to register future trustee updates and reduce the administration. We have also reviewed our financial controls and no critical issues were identified. As a result of this review we have enhanced the invoice and purchase approval processes for better efficiency and oversight. Looking ahead, we will be undertaking a comprehensive audit of our Health and Safety documentation, procedures and practices. Any necessary improvements identified will be implemented to support the wellbeing of our team and visitors. Another planned activity will be the review and update of our Employment policies, alongside the introduction of a new Employee Handbook to provide clear guidance and support for our team.
We are pleased to report an improvement in fundraising income in recent years. Our expanded presence on social media has played a key role in this success, and we extend our thanks to Jess from the Worried Whippet and to Katie Piper for their support. Our team continues to share videos of dogs available for adoption, which have helped increase visibility and engagement. However, despite these gains, rising costs continue to outpace income. We are exploring further initiatives to generate sustainable income in the future.
We remember Patch and Nealy, two of our sponsorship dogs and beloved long-term residents, who both passed away this year. Nealy, born at SDR and returned to us after a failed adoption, was with us for 12 years. Patch also decided that home life wasn't for him and was a resident from 2012 onwards. Both dogs were great unique characters and will be deeply missed.
We end this report with congratulations to our incredible SDR Thames Path Challenge team, comprising staff, volunteers, and supporters, who collectively raised over £13,000 (including Gift Aid) by walking or running distances between 25km and 100km in a 24-hour event. Their dedication embodies the spirit of SDR.
We look forward to 2025 with gratitude and optimism, inspired by those who continue to support our mission and raise funds for the rehoming of our rescue dogs. Special mention to team SDR and to Tim, one of our Dog Carers, who is undertaking a remarkable 350km challenge across multiple events.
REORGANISATION OF ACTIVITIES
The charity previously had a related charity, Stokenchurch Dog Rescue CIO. The CIO was wound up during the year under review and removed from the Charity Commission’s register on 3 March 2025.
FINANCIAL REVIEW
In the review that follows we will make a number of references to the impact of the CIO. This is because in recent years, to a greater or lesser extent, certain costs have been split between the charity and the CIO. The winding up of the CIO does not mean these costs have been eliminated, although a relatively small amount of administrative costs have been eliminated. As the CIO has been unwound, recent sets of accounts have seen costs split between the two entities and donations have also flowed between them at various times. This has made financial comparisons a little complicated but in future years all income and costs will all be accounted for in this one entity.
The charity continues to rely upon membership subscriptions, donations and adoptions, and on various methods of fundraising for its income.
In recent years the charity has been fortunate enough to benefit from some very generous legacies, which enabled it to report sizeable accounting surpluses. In the year under review there has been a sizeable fall in income from legacies, down from £530,488 in the previous year to £76,928 in the current year, and this has resulted in an accounting deficit of £82,255 in the year under review. We do of course appreciate that every legacy is a mixed blessing given the circumstances surrounding the bequest and the loss to the family concerned and we remain very grateful for every one, regardless of its size.
3
Stokenchurch Dog Rescue Report of the Trustees for the Year Ended 31 January 2025
Year on year comparisons have not been straightforward in recent years due to operational costs having been split between the charity and the associated CIO but on a consolidated basis there was a net excess of income over expenditure of £351,631 in the year to 31 January 2024 and net expenditure over income of £88,235 in the year to 31 January 2025. This is a swing of £439,866 and closely matches the reduction of income from legacies of £453,560.
We were also very fortunate in being awarded grants from providers during the year resulting in a total sum of £33,550. Of this total, three grants totalling £5,000 have been given on a restricted funds basis.
Total Income for the year was £358,848 (2024 £770,755). This was a decrease of 53%. Allowing for the impact of the CIO, total income was £383,378 compared to £779,571 in the previous year. Donations were down by 5% but fundraising increased by 17% from £52,568 to £61,335.
Total expenditure was £471,053 (2024 £494,776), so at first sight costs seem to have been contained. However, after eliminating the impact of the CIO, total costs of the Rescue increased by 10% from £427,940 in the year to 31 January 2024 to £471,613 in the year under review. The main contributors to this increase have been staff costs (up £20,326, 10%), and veterinary costs (up £18,107, 33%). There was a modest but welcome reduction in facilities costs (down £6,014, 7%) but these are still running at considerably higher levels than earlier years, due mainly to energy prices.
Looking over the past five years or so we have experienced significant cost increases due to well publicised increases in the national minimum wage, veterinary costs and energy prices. Overall, and allowing for the impact of the CIO, total costs have increased from around £300,000 in 2020 to 2022 to the £471,000 we have seen in 2024/25. Despite best efforts, it has not been possible to increase income by corresponding amounts, although the very generous bequests we have received in 2023 and 2024 in particular have masked this trend.
We are fortunate to have bank and investments balances of around £811,000 at the balance sheet date, so are able to continue with our charitable activities over the coming few years despite these recent adverse trends. Nevertheless, we are very mindful of the need to develop every opportunity to increase our income and at the same time keep a very watchful eye on our cost base.
During the year our investment portfolio increased by £46,002 (7%) from £658,759 to £704,761. This increase was attributable to income reinvested of £19,863 and valuation changes of £29,950 less management costs of £3,811. We have not had to utilise any of these funds from the point of first investment to 31 January 2025, but since the year end we have begun to withdraw sums to fund our charitable activities.
During the year the charity purchased a new van for £22,667.
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. Such reserves are held in the bank accounts and mixed investments portfolio.
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.
At 31 January 2025, free reserves were £787,000. This reflects the total unrestricted General Fund.
Investment Policy
The Charity does undertake limited investments on the strict policy that the funds chosen are not high risk and are ethical. Where possible, such investments should exclude companies that actively test on animals.
4
rthD SCU REFERENCE AND ADMINTSTRATIVE DETAILS Regiliered Charity number 2743B9 Princlpal addrui Tower Fann Oxford Road Stokenchurch High Wy¢ombe Buckin8h4m5hire HP14 3TD TrJttt• R Gales L Peel S Gregory A M Big8S M Simms lappcintrd I1.9.24) L Bergmans lapTM)Énied 20.1124) A Dempsey (appointed 25.2.25.) C F4cey l*ppoinied 27.2.25.) J Lloyd {appoÈnred 20.3.25.) P W H4Jl lappointrd 21.7.25.) C Wodcock Iresi8ned 30.6.25) J Cherrj. (resigned 30 11.24} K Shaw Iresi8ned 4.9.24) Independeni EIAmiTrtr lan S Anders. Chart¢red Accountsni Green8&rth Thick Grove Mwdenheld Berkshire SL6 4LW Approved by (fder of the board of trustw 3 Sepwnbtr 2025 and SiBned on its behalf by.. L Pttl - Trustee
t Ex•miner's StokeDchurch D Rt5cue Indeptndtni exmitserf$ rert to tht trnstttt of Stokettehurnh lkng Reseue l TeFK)rt to the ¢haTity trUSte¢s on my exarninaticm of the a¢ts of Stokcnchurch Dog Rescue {the Tnt) for th¢ year ended 31 Januory 2025. Re8pots$lbllhles and bAsls of report As the charity trustees of the Trust you ve w)onsible ft the pwarnion of the acL¥)unts in accord8rtce with the requiremenls of th¢ Charities Act 2011 (Ihc ACV). I reTX)rt in respeth of my examIn10n of the Tn1.$ ac£ounts CaTried out under Section 145 of the Aci atwj in ¢anyin8 Qut my eXaMin10n I have follow¢d 1 applicable Direaions 8iYen by the Charity Commission under Secikon 145{5Mbl of the Aci. Independent tumlner's gtstement Since your charity's gff)ss income exceeded £250,(KY your examirKr myst b¢ 4 member of & listed body. I can Confi that l am qualified io undertake the examin]0 becau% I a memb¢r of the Institutr of Chartered Accowil4nts in En8land and Wale& which is one of the listed ldi. I have compl¢d my ¢xarnination. I ci)nfinn M) materia] maners have come my aaeniion in conn¢ciion with the examin10Th 8ivin8 me cause believe in any malerial rpt.. ccourttLII8 records were not keo in respect of the Tn w requir¢d by Sectiott 130 of the A. the (onts do not accord wilh ih05e rds. or the accounts do comply with ihe applicable wuimnents eoncerning the forni contenl of awounts set out in the Chariiies (Accounts and R¢portsl Re8ulation5 2008 other than any requiremeni thai the a¢counts sive a true and fair view which is A mAtterconsider¢d 85 part of m indeperbjent examin10n. I have rK) concerns and have come rK) her man¢rs in ¢onneciion with thc cxamination which attention should b¢ drnwn in this rep)rt in order enable a proper understanding of th¢ a¢¢outtts to be reached. I Anderson BA FCA FCCA IAn S Anderson, Chartered A¢InIant Gre¢ngarth Thickei Grove Midenhep4J B¢rkshir¢ SL6 4LW 3 Seplembw 2025
Stokenchurch Dog Rescue
Statement of Financial Activities for the Year Ended 31 January 2025
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Charitable activities 5 Activities undertaken directly Other trading activities 3 Investment income 4 Total EXPENDITURE ON Raising funds 6 Charitable activities Activities undertaken directly 7 Other 9 Total Net gains/(losses) on investments NET (EXPENDITURE)/INCOME Transfers between funds Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted Funds £ 175,591 58,159 76,559 26,362 |
Restricted Funds £ 2025 Total Funds £ 2024 Total Funds £ 17,177 192,768 650,132 - 5,000 63,159 54,587 - 76,559 63,989 - 26,362 2,047 |
|---|---|---|
| 336,671 | 22,177 358,848 770,755 |
|
| 5,207 420,109 29,738 |
- 5,207 7,512 15,999 436,108 465,399 - 29,738 21,865 |
|
| 455,054 | 15,999 471,053 494,776 |
|
| 29,950 | - 29,950 (1,890) |
|
| (88,433) 12,632 |
6,178 (82,255) 274,089 (12,632) - - |
|
| (75,801) 1,806,641 |
(6,454) (82,255) 274,089 28,587 1,835,228 1,561,139 |
|
| 1,730,840 | 22,133 1,752,973 1,835,228 |
|
The notes form part of these financial statements
7
2025 Total Funds 2024 Totai Funds UnTestri¢t¢d Restri¢ted FuNt$ Funds Not£s FIXED ASSETS Tanwble assets 14 943.337 943.337 957,539 NON-CURRENT ASSETS Social inv¢sthients 15 943,337 943.337 1,034,839 CURRENT ASSETS Debiors Investments Cash at bank 16 17 18,753 704,761 18,753 704,761 15.779 658.759 147 736 133 807.468 21133 CREDITORS Amounls fallin8 due vjithin one year 829,601 B22,274 19 NET CURRENT ASSETS 787.503 22.133 809,636 800,389 NET A&SETS 1,730.840 22.133 1,752.973 1.835.228 FUNDS Unrestricled funds Restricted fund8 20 1.730.840 1,806.641 ,751973 1.835,228 The financi $tstements wer¢ proVed by the Board of TN#e¢s authoris¢d isyue 3 Septembw 2025 and were Si8ned on its beha]f by.. S- Trustee The not¢$ fonn part of th¢s¢ financial $t4tements
Stokenchurch Dog Rescue
Cash Flow Statement for the Year Ended 31 January 2025
| Notes Cashflows from operating activities Cash generated from operations 1 Interest paid Net cash (used in)/provided by operating activities Cashflows from investing activities Purchase of tangible fixed assets Purchase of social investments Interest income Purchase of current asset investments Transfer of social investment to cash at bank Net cash provided by/(used in) investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period 2 Cash and cash equivalents at the end of the reporting period 2 |
2025 £ (102,363) (418) (102,781) (22,667) - 6,499 - 77,300 61,132 (41,649) 147,736 106,087 |
2024 £ 298,667 (1,809) |
|---|---|---|
| 296,858 | ||
| (36,116) (77,300) 2,047 (660,649) - |
||
| (772,018) | ||
| (475,160) 622,896 |
||
| 147,736 |
The notes form part of these financial statements
9
Stokenchurch Dog Rescue
Notes to the Cash Flow Statement for the Year Ended 31 January 2025
1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
| Net (expenditure)/income for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Investment income Investment management expenses paid from investment portfolio Net (gains)/losses on investments Interest paid Movement in provision for VAT liability (Increase) in debtors (Decrease)/Increase in creditors Net cash (used in)/provided by operations |
2025 £ 2024 £ (82,255) 274,089 36,869 31,569 (26,362) (2,047) 3,811 - (29,950) 1,890 418 1,809 - (21,000) (2,974) (525) (1,920) 12,882 |
|---|---|
| (102,363) 298,667 |
2. ANALYSIS OF CASH AND CASH EQUIVALENTS
| ANALYSIS OF CASH AND CASH EQUIVALENTS Notice deposits in less than 3 months Bank bond maturing 12 January 2026 Total cash and cash equivalents 3. ANALYSIS OF CHANGES IN NET FUNDS |
2025 £ 2024 £ 25,065 147,736 81,022 - |
|---|---|
| 106,087 147,736 |
|
| Net cash Cash at bank Liquid resources Current asset investments Total |
At 1.2.24. £ Cash flow £ At 31.1.25. £ 147,736 (41,649) 106,087 658,759 46,002 704,761 |
|---|---|
| 806,495 4,353 810,848 |
The notes form part of these financial statements
10
Stokenchurch Dog Rescue
Notes to the Financial Statements for the Year Ended 31 January 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
These financial statements have been prepared on a going concern basis. The trustees do not believe that Brexit, Covid-19 or the Ukraine war has impacted on this basis.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Computer software
Computer software capitalised in intangible fixed assets is amortised at 25% on cost.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Freehold property | - | not provided |
|---|---|---|
| Freehold buildings | - | 2% on cost |
| Equipment | - | 20% on cost |
| Outside runs | - | at varying rates on cost |
| Solar panels | - | 10% on cost |
| Computer equipment | - | 25% on cost |
| Motor vehicles | - | 25% on cost |
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Continued…
11
Stokenchurch Dog Rescue
Notes to the Financial Statements - continued
for the Year Ended 31 January 2025
2. DONATIONS AND LEGACIES
| Legacies Donations Membership Miscellaneous Donation from Stokenchurch Dog Rescue CIO |
2025 £ 2024 £ 76,928 530,488 90,957 95,655 15,458 12,761 3,545 1,228 5,880 10,000 |
|---|---|
| 192,768 650,132 |
3. OTHER TRADING ACTIVITIES
| Fundraising Sponsorships Sale of dog food Rental space income NVESTMENT INCOME Interest receivable Distributions from investment portfolio |
2025 £ 2024 £ 61,335 52,568 9,025 6,811 99 110 6,100 4,500 |
|---|---|
| 76,559 63,989 |
|
| 2025 £ 2024 £ 6,499 2,047 19,863 - |
|
| 26,362 2,047 |
4. INVESTMENT INCOME
5. INCOME FROM CHARITABLE ACTIVITIES
| Activity Adoptions Activities undertaken directly Pet Plan commission Activities undertaken directly Stray dog fees and microchipping Activities undertaken directly Grants receivable Activities undertaken directly |
2025 £ 2024 £ 24,665 21,005 4,944 5,162 - 120 33,550 28,300 |
|---|---|
| 63,159 54,587 |
Continued…
12
Stokenchurch Dog Rescue
Notes to the Financial Statements - continued
for the Year Ended 31 January 2025
6. RAISING FUNDS
Raising donations and legacies
| Raising funds | 2025 £ 2024 £ 5,207 7,512 |
|---|---|
7. CHARITABLE ACTIVITIES COSTS
| Activities undertaken directly | Direct Costs £ Grant Funding Of Activities (see note 8) £ Totals £ 436,108 - 436,108 |
|---|---|
8. DONATIONS AND GRANTS PAYABLE
| Activities undertaken directly | 2025 £ 2024 £ - 135,000 |
|---|---|
The total in 2024 consisted of donated funds paid to Stokenchurch Dog Rescue CIO (see note 22).
9. SUPPORT COSTS
| Finance Other Governance Total |
2025 £ 2024 £ 6,993 4,286 10,463 10,870 12,282 6,709 |
|---|---|
| 29,738 21,865 |
Continued…
13
Stokenchurch Dog Rescue
Notes to the Financial Statements - continued for the Year Ended 31 January 2025
10. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 January 2025 nor for the year ended 31 January 2024.
Trustees' expenses paid for the year ended 31 January 2025 were £nil (2024 £856).
11. STAFF COSTS
Staff costs, including national insurance and pensions, totalled £227,255 in the year to 31 January 2025 (2024 £144,250, for eight months).
Average monthly employees were 9 (2024: 9 in the eight month period to 31 January 2024).
No employee received emoluments at an annual rate in excess of £60,000.
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities Activities undertaken directly Other trading activities Investment income Total EXPENDITURE ON Raising funds Charitable activities Activities undertaken directly Other Total Net gains/(losses) on investments NET INCOME Transfers between funds Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted Funds £ Restricted Funds £ Total Funds £ 638,209 11,923 650,132 50,587 4,000 54,587 63,989 - 63,989 2,047 - 2,047 |
|---|---|
| 754,832 15,923 770,755 |
|
| (7,512) - (7,512) (455,459) (9,940) (465,399) (21,865) - (21,865) |
|
| (484,836) (9,940) (494,776) |
|
| (1,890) - (1,890) |
|
| 268,106 5,983 274,089 (10,665) 10,665 - |
|
| 257,441 16,648 274,089 1,549,200 11,939 1,561,139 |
|
| 1,806,641 28,587 1,835,228 |
Continued…
14
S tokenchurch Dog Rescue
Notes to the Financial Statements - continued for the Year Ended 31 January 2025
13. INTANGIBLE FIXED ASSETS
| COST At 1 February 2024 and 31 January 2025 AMORTISATION At 1 February 2024 and 31 January 2025 NET BOOK VALUE At 31 January 2025 At 31 January 2024 |
Computer Software £ 4,413 |
|---|---|
| 4,413 | |
| - | |
| - |
14. TANGIBLE FIXED ASSETS
| COST At 1 February 2024 Additions At 31 January 2025 DEPRECIATION At 1 February 2025 Charge for year At 31 January 2025 NET BOOK VALUE At 31 January 2025 At 31 January 2024 |
Freehold Property £ Freehold Buildings £ Improvements To Property £ Equipment £ 83,114 340,000 988,734 32,142 - - - - |
|---|---|
| 83,114 340,000 988,734 32,142 |
|
| - 231,200 259,116 22,847 - 6,800 19,774 2,324 |
|
| - 238,000 278,890 25,171 |
|
| 83,114 102,000 709,844 6,971 |
|
| 83,114 108,800 729,618 9,295 |
Continued…
15
S tokenchurch Dog Rescue
Notes to the Financial Statements - continued for the Year Ended 31 January 2025
14. TANGIBLE FIXED ASSETS (CONTINUED)
| COST At 1 February 2024 Additions At 31 January 2025 DEPRECIATION At 1 February 2024 Charge for year At 31 January 2025 NET BOOK VALUE At 31 January 2025 At 31 January 2024 |
Outside Runs £ Solar Panels £ Computer Equipment £ Motor Vehicles £ Totals £ 53,413 24,497 4,987 - 1,526,887 - - - 22,667 22,667 |
|---|---|
| 53,413 24,497 4,987 22,667 1,549,554 |
|
| 51,198 - 4,987 - 569,348 2,215 2,450 - 3,306 36,869 |
|
| 53,413 2,450 4,987 3,306 606,217 |
|
| - 22,047 - 19,361 943,337 |
|
| 2,215 24,497 - - 957,539 |
15. SOCIAL INVESTMENTS
| Bank Bond Market value and net book value |
2025 £ 2024 £ - 77,300 |
|---|---|
The bond matures on 12 January 2026. At 31 January 2025 the market value and netbook value was £81,022 and is included in the bank and cash balances at 31 January 2025.
16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other debtors VAT |
2025 £ 2024 £ 13,224 10,279 5,529 5,500 |
|---|---|
| 18,753 15,779 |
Continued…
16
Stokenchurch Dog Rescue
Notes to the Financial Statements - continued for the Year Ended 31 January 2025
17. CURRENT ASSET INVESTMENTS
| Portfolio- mixed investments | 2025 £ 2024 £ 704,761 658,759 |
|---|---|
18. CASH AT BANK AND IN HAND
| Bank accounts Bank bond maturing 12 January 2026 Total |
General Fund £ Restricted Fund £ 2025 Total Funds £ 2024 Total Funds £ 2,932 22,133 25,065 147,736 81,022 - 81,022 - |
|---|---|
| 83,954 22,133 106,087 147,736 |
The trustees make withdrawals as necessary from liquid investments in the investments portfolio to fund ongoing charitable activities.
19. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade creditors Taxation and social security Other creditors |
2025 £ 2024 £ 9,906 9,312 3,725 3,889 6,334 8,684 |
|---|---|
| 19,965 21,885 |
20. MOVEMENT IN FUNDS
| Unrestricted funds General fund Capital reserve Restricted funds Restricted TOTAL FUNDS |
At 1.2.24 £ Net Movement in Funds £ Transfers Between Funds £ At 31.1.25 £ 849,104 (51,564) (10,037) 787,503 957,537 (36,869) 22,669 943,337 |
|---|---|
| 1,806,641 (88,433) 12,632 1,730,840 28,587 6,178 (12,632) 22,133 |
|
| 1,835,228 (82,255) -- 1,752,973 |
The transfer to capital reserve is the amount required to set the capital reserve equal to the net book value of fixed assets. The transfer from restricted funds represents specific amounts raised and set aside for the purchase of the new van.
Continued…
17
Stokenchurch Dog Rescue
Notes to the Financial Statements - continued for the Year Ended 31 January 2025
20. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Capital reserve Restricted funds Restricted TOTAL FUNDS |
Incoming Resources £ Resources Expended £ Gains and Losses £ Movement In Funds £ 336,671 (418,185) 29,950 (51,564) - (36,869) - (36,869) |
|---|---|
| 336,671 (455,054) 29,950 (88,433) 22,177 (15,999) - 6,178 |
|
| 358,848 (471,053) 29,950 (82,255) |
All income arises from sources funding the charity's objectives. Where further specific restriction has been placed by the donor, such funds are disclosed as restricted. In the year all such funds received were expended as required by the donors.
Comparatives for movement in funds
| Unrestricted funds General fund Capital reserve Restricted funds Restricted TOTAL FUNDS |
At 1.2.23 £ Net Movement In Funds £ Transfers Between Funds £ At 31.1.24. £ 622,909 299,675 (73,480) 849,104 926,291 (31,569) 62,815 957,537 |
|---|---|
| 1,549,200 268,106 (10,665) 1,806,641 11,939 5,983 10,665 28,587 |
|
| 1,561,139 274,089 - 1,835,228 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Capital reserve Restricted funds Restricted TOTAL FUNDS |
Incoming Resources £ Resources Expended £ Gains and Losses £ Movement In Funds £ 754,832 (453,267) (1,890) 299,675 - (31,569) - (31,569) |
|---|---|
| 754,832 484,836 (1,890) 268,106 15,923 (9,940) - 5,983 |
|
| 770,755 (494,776) (1,890) 274,089 |
Continued…
18
Stokenchurch Dog Rescue
Notes to the Financial Statements - continued for the Year Ended 31 January 2025
20. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Capital reserve Restricted funds Restricted TOTAL FUNDS |
At 1.2.23 £ Net Movement In Funds £ Transfers Between Funds £ At 31.1.25. £ 622,909 248,111 (83,517) 787,503 926,291 (68,438) 85,484 943,337 |
|---|---|
| 1,549,200 179,673 1,967 1,730,840 11,939 12,161 (1,967) 22,133 |
|
| 1,561,139 191,834 - 1,752,973 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Capital reserve Restricted funds Restricted TOTAL FUNDS |
Incoming Resources £ Resources Expended £ Gains and Losses £ Movement In Funds £ 1,091,503 (871,452) 28,060 248,111 - (68,438) - (68,438) |
|---|---|
| 1,091,503 (939,890) 28,060 179,673 38,100 (25,939) - 12,161 |
|
| 1,129,603 (965,829) 28,060 191,834 |
Restricted funds consist of:
| Dog care Reception refurbishment New van Staff welfare Tumble dryer ISO fencing and paddock |
At 1.2.24. £ Income £ Expenditure £ Transfers £ At 31.1.25. £ - 14,468 (14,468) - - 12,574 - (344) - 12,230 9,923 2,709 - (12,632) - 3,550 - (836) - 2,714 2,540 - (351) - 2,189 - 5,000 - - 5,000 |
|---|---|
| 28,587 22,177 (15,999) (12,632) 22,133 |
The new van was purchased in the year and is shown as an addition to tangible fixed assets. Specific funds received in support of the van purchased have therefore been transferred to the general fund.
Continued…
19
Stokenchurch Dog Rescue
Notes to the Financial Statements - continued for the Year Ended 31 January 2025
21. CONTINGENT LIABILITIES
There were no contingent liabilities at 31 January 2025 or at 31 January 2024.
22. RELATED PARTY DISCLOSURES AND SUBSEQUENT EVENTS
During the year Stokenchurch Dog Rescue CIO made donations to the charity of £5,880 as part of the CIO’s closure process. This represented the transfer of residual funds within the CIO to the charity to enable the charity to settle any liabilities of the CIO following the closure of its bank accounts and to use any remaining funds in support of the charity’s charitable activities.
The CIO was finally closed and removed from the Charity Commission’s register on 3 March 2025.
During the year ended 31 January 2024, as part of the winding down process of Stokenchurch Dog Rescue CIO, the charity made a donation of 135,000 on 28 September 2023 to clear the deficit on the CIO reserves. Following this payment the CIO's investment portfolio performed better than expected and as a result the CIO was able to make a £10,000 donation back to the charity on 15 January 2024.
For part of the year to 31 January 2024 Stokenchurch Dog Rescue CIO employed the staff who work at Stokenchurch Dog Rescue. The staff transferred from the CIO on 1 June 2023.
The balance due to the charity by the CIO at 31 January 2024 was £1,940 and was included in other debtors.
20