## **BGOA Trust for Retired Racing Greyhounds Trustees Report For the Year ended 31/03/25** ## **Achievements & Performance** A year in which the rehoming crisis has continued in the Greyhound Racing industry has seen the number of dogs we have rehomed dropped from 59 to just 54 compared with the previous fiscal year. The crisis continues and a further fall in numbers is inevitable. Thus, resulting in a continuing fall in revenue from our rehoming activities. Greyhounds are not alone in experiencing difficulties in finding their forever homes. Every animal rescue in the country is full as many people are finding the cost of keeping a pet a financial burden, thanks to the rising cost of living and the very high cost of veterinary services and pet insurance. Our Social Media presence has never been greater, and we now enjoy the support of the media group National World, who publish news of our awareness and fundraising events in their online publication, Sussex World and it's associated newspapers distributed around the county of Sussex. We continue to enjoy successful visits to the Coral Brighton & Hove Greyhound Stadium and the support of their parent company Entain Plc. And our visits to Brighton, Fontwell Park and Plumpton Races also bear fruit, but less rehoming enquiries than we would normally expect. Likewise our visits to Haskins and Notcutts Garden Centres. Thanks must also go to “Jollyes the Pet People”, whose store in Hailsham always welcomes visits from our volunteers and their hounds, as well as making fantastic donations of dog food with the assistance of their customers whose generosity is greatly appreciated and most welcome. ## Financial Review Net Funds for the year increased by £4,879 from £139,160 to £144,039. Cash at bank has increased by £14,956 from £130,994 to £145,950 On behalf of the Trustees Dated: BRIGHTON GREYHOUND OWNERS ASSOCIATION TRUST FOR RETIRED RACING GREYHOUNDS ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 Charity Registration Number . 275378 BRIGHTON GRÉYHOUND OWNERS ASSOCIATION TRUST FOR RETIRED RACING GREYHOUNDS CONTENTS PAGES TRUSTIES, REPORT EXAMINER'S REPORT STATEMENT OF FINANCIAL ACTIVITV BALANCE SHEET NOTES TO TH£ ACCOUNTS BRIGHTON GREYHOUND OWNERS ASSOCIATION TRUST FOR RETIRED RACING GREYHOUNDS TRUSTEE REPORT REFERENCE AND ADMINISTRATION DETAILS TRUST DOCUMENT The Trust is a Registered ChariEV governed by the Trust Deed dated 27 February 1978. Charity Number 275378 TRUSTE£S Michael Harrod Suson Lancaster Gaynor Kendall Mick Crosbv Holly Thornton Chairperson METHOD OF APPOINTMENT OF TRUSTEES The powor of appointin8 a new trustee Is vested In the existing Trustees. CORRESPONDENT Michael Harrod 36 Moorlield Road L)uK4ord Cambridge C822 4PS ACCOUNTANTS EJP Accounting Seryices Ltd 9> Prsory Way Haywards Heath West Sussex RP,16 3NS BANKERS Barclays Bank Horsham Biisiness Centre Horsh3m West Sussex BRIGHTON GREYHOUND OWNERS ASSOCIATIOt4 TRusf FOR RETIRED RACING GREYHOUNt>s STATEMENT OF FINANCIAL ACTIVITY FOR THE PERIOD ENDED 31ST MARCH 2025 Notes Unrestricted Restricted Funds Funds Total Funds 2025 Tot81 Funds 2024 INCOMING RESOURCES Voluntary income Activities for generatir,g funds Irvestment Income- bank Interest Incoming Resources frorn ch3ritable aciivitiÈs 85.992 85,992 54,045 1.579 48,444 136,015 1,579 48,444 136,015 I,iio 69,924 125,080 RESOURCES EXPENDED Cosi of generatiiig funds Charirable activities Capital expenditure Governance 1109.8941 1109,8941 1101,3351 121,2411 1131,1351 121,2411 120.U251 1131.1351 1121.3591 NET INCOMING RESOURCES FOR THE YEAR Capital expenditure adjusfment NET MOVEMENT IN FUNDS 4,880 4,880 3,721 4.880 3,721 TOTAL FUNDS BROVGHT FORWARO 95,153 95,153 95, 153 TOTAL FUNDS CARRIED FORWARO 100,033 100,033 98,1174 The notes on page5 7 to 9 form pèrt of these actounis. Page 4 BRIGHTON GREYHOUND OWNERS ASSOCIATION TRUST FOR RETIRED RACING GREYHOUNDS BALANCE SHEET AS AT 31ST MARCH 2025 Note5 21)25 2024 FIXED ASSETS Tar.gible 1.913 6,323 CURRÉNT ASSETS Stock Debtors Cash at bank Cash In hand 1,950 2,762 145,950 130,994 I47,￿) 133,756 CREDITORS Amounts falling due within one year Not Asseis less Current Liabilities 15,7741 142,126 19191 132.837 NET ASSETS 144.039 139,160 FUNDS Restricted Unrestricted 144.039 139,160 io 144.039 139,160 The notes on pages 7 to 9 form part of these accounts. Signed on behalt of the Trustees DATED: Zoz Trustee Page S BRIfjHTON GAEYHQLIND QWNERS A550CIATIONTRUSTFOR RETIRED RACIIIG GREYTrIOUNDS NOTES TO THE Accoiirir5 31ST MARCH 2015 1 srATEMENT OF ACCOUNTING POIICIES A515 OF ACCOUMTIN Ihe accoonis have been prepared In accordan=e ws1h_ A¢countin8 SlandarLSs Accounting 8nd geporting by Chariites. Stsiernent ol Rerorymended PTart.ce ISORPI The Chorities Aci:o". I -, bRtyO'JER TurnLiver tepreser¢ts the total ry¥oice value. exclucing ￿01￿C Added Ta¥. of 8oods sold and sèrvi¢e5 rendpred durinA the year TANGlbLL FIXED *15SETS AND DEPRECIAI1014 Tan8 ble f.,xett assers drelratd Ji c)si 1è4s depreL',at.on. Depr&c'atJo0 15 Pfovideo at raEes caliuiaied to ¢fl the £051.e55 eStiniated.'ÈsidJ¢l volue ot each 3SSPt over its useful life. as follows KenntllLng otf1ce other equiptr*nt 10% 5rra.8ht line 25% st¢Ol8hi Iioe STaLKS Stvck IJ 3r rho bwei of (osi or npt reali5e4b'e valuE. Z VOLUPffARY INCOP4lE 202S 2024 Donationj Lgldiy 60.492 25.sc 52.Q45 54,045 AcriviTIE5 FOR GENERATING FUNDS 1025 2024 Function5 Page 6 8AIGHTON GREYHOLtND OWFIERSASSOCIATIOPI TIIUSf FOR RETIRED RACIIK GffEYHOVNDS 14OTES TO THE ACCOUNT5 31ST MAItCH 20Z5 INCOMING RESOURCES FROM CHARITABLE ACTivmES 2025 1024 Shop AdoptiDn donaiiorys Otncr re￿O[DIng rEce1pr5 Ifood. rnlJT21*s *tcl Ownpfs Iinc YE￿ornIng kenn?1 :eceigtsi QwiErs Idrop tstrF leesl LodDroke: {mont￿..V lÈe>l tyroke5 Iconiributign to vet5 bills) Pet Pi6ry comTr-Ission Grans5 Owner5, tsjids 12.70S 5,581 5,!04 21.668 20.146 3,452 3.093 9.200 19.200 J8.220 8.444 (￿ARITABLE ACTIVITIES 2025 2023 Shfjp Kennel- stafl 7.497 25,552 1.912 53.ty58 81,296 4.410 9,995 27.464 S3.658 86.70S NET BOQX VALUE A5 at 31 Mgrch 2a34 As at 31 Marrh 202S 2.498 a.825 6,323 1.913 Pa8e 7 BRIGHTON GREYHOUND OWNERS ASSOOATION TRUST FOR RETIRED RACING GREYHOUNOS 140TE5 TO THE ACCOUNTS 31ST MAR(M 2025 8 DE8TOR5 1025 2024 eb*.or5 for services p'.cvided Sundry OÈbtor5 Ind prepayments 9 CREDifoA5.' afflounts lallkn8 du¢ with• one year 2025 2024 Tames due Ntri pdy Persion Acir￿al5 Trade Cvpd lor5 17 145 441 350 525 3.44D 5.?74 919 10 FUNDS MOVEMENT R•stiKted Unrestrirted Toial A5 at l April 2024 InLornin4 resourcos 11¢5oufLety e*pen¢ed l)9.159 136,OlS 131.&351 139,159 136.015 As d: 11 MdfLh 202f 11 ASSET5 ANO LIABILffl£S SPLIT OY FUNO Flxed A55•ts Curr•nt Assets Cuftent ii3blJtJe5 Final Balante Peiir Ited Un*¢5triEt&d 1.9l3 .913 147 9￿) 147 900 IS.7741 Id4,019 144.039 Pogc 8 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRIGHTON GREYHOUND OWNERS ASSOCIATION TRUST FOR RETIRED RACING GREYHOUNDS ACCOUNTS FOR THE YEAR ENDED 31" MARCH 2025 I report on the accounts of the Charity for the period ended 31 March 2025 as set out on pages 5 and 6, which have been prepared on the basis of the accounting polities set out on page 7 to 9. REsPE￿1VE RESPONSIBILITES OF THE TRUSTEES AND EXAMINER The Trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required under section 144121 of the Charities Act 2011 Ithe 2011 Act) and that an independent examination is needed. It is my responsibility: to examine the account5 under section 145 under the 2011 Act, to follow the procedures laid down in the General Directions given by the Charities Commission under sertion 14515llbl of the 2011 Act.. and to state whether particular matter5 have come to my attention. BASIS OF EXAMINER'S STATEMENT My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes the consideration of any unusual items or disclosure5 in the accounts, and the seeking of explanations from the Trustees concerning any Such matters. The procedures undertaken do not provide all the evidence that would be required for an audit and, consequently r¢0 opinion is given as to whether the accounts present a "true and fair view" and the report Is limited in those matters set out in the statement below. EXAMINER'S STATEMENT In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that, In any material respect, the requirements to keep accounting records in accordance with section 130 of the 2011 Act, and b. prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act which ha5 not been met,. or which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. SIGNED: DATED: So.i.2oLO NAME.. Emma Pryor Independent Examiner