## **SCOTTISH TERRIER EMERGENCY CARE SCHEME** ## **ANNUAL ACCOUNTS FOR THE YEAR ENDED 31[ST] DECEMBER 2024** **Section A Statement of Activities** ## **Our Charitable activities** The Scottish Terrier Emergency Care Scheme (STECS) is a canine welfare organisation providing specifically for the care of Scottish Terriers in need of new homes or other such assistance as may be deemed appropriate. Our principal charitable activities are: - Finding permanent new homes for Scotties when their current owners are no longer able or willing to properly care for them. During the year, the charity rescued 54 dogs (2023 - 80). - Providing foster homes for Scotties when their owners are unable to look after them on a temporary basis (for example, due to serious illness) and where the owner is unable to make any other alternative arrangement for care of their dog. - Providing where applicable, financial assistance for veterinary care for Scotties that have been formally assigned into the care of STECS. **----- Start of picture text -----**
Our Financial activities
note Unrestricted Restricted Total 2024 Total 2023
funds funds
Incoming Resources
Voluntary income 3a 181,637.74 0.00 181,637.74 184,119.34
Fund raising 3b 16,151.82 0.00 16,151.82 22,543.30
Charitable activities 3c 11,525.00 0.00 11,525.00 13,840.00
Investment income 3d 6,162.29 0.00 6,162.29 6,703.36
Total income 215,476.85 0.00 215,476.85 227,206.00
Resources expended
Administration 4a 25,374.01 0.00 25,374.01 25,965.19
Fund raising 4b 17,282.19 0.00 17,282.19 12,507.71
Charitable activities 4c 101,354.36 0.00 101,354.36 114,112.99
Total expenditure 144,010.56 0.00 144,010.56 152,585.89
Net incoming 71,466.29 71,466.29 74,620.11
(outgoing) resources
Funds brought forward 867,550.19 812.97 868,363.16 793,743.05
Funds carried forward 939,016.48 812.97 939,829.45 868,363.16
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Page | 1 Scottish Terrier Emergency Care Scheme (STECS) registered charity 275666 **Section B Balance Sheet** **----- Start of picture text -----**
Unrestricted Restricted Total 2023
note Total 2024
funds funds
Investments
Deposit accounts 5a 452,199.19 0.00 452,199.19 455,935.00
Investment Property 5b 356,786.45 0.00 356,786.45 0.00
Total Investments 808,985.64 0.00 808,985.64
Current assets
Stock for resales 0.00 0.00 0.00 4,729.25
Debtors & prepayments 6 3,815.16 0.00 3,815.16 7,746.33
Cash at bank 127,691.63 0.00 127,691.63 413,435.27
Paypal 519.05 0.00 519.05 0.00
Restricted Funds 0.00 812.97 812.97
Total current assets 132,025.84 0.00 132,025.84 425,910.85
Creditors & accruals 7 (1,995.00) (0.00) (1,995.00) (13,482.69)
Net assets 939,016.48 812.97 939,829.45 868,363.16
Funds brought forward 867,550.19 812.97 868,363.16 793,743.05
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The accounts were approved by the members of STECS at the Annual General Meeting held on 13/04/2025. Signed on behalf of STECS: |Signature|Name & Position|Date| |---|---|---| ||Elaine Core
Secretary|| Page | 2 Scottish Terrier Emergency Care Scheme (STECS) registered charity 275666 **Notes to the accounts** **Section C** ## **Note 1 Basis of Preparation** ## **1a Basis of accounting** The accounts have been prepared on an accruals basis and historic costs in accordance with: - departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent 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 issued in October 2019. - Accounting Standards. ## **1b Change in basis of accounting** In 2008 the basis accounting was changed from cash accounting to an accruals basis as income in that year exceeded £100,000. ## **Note 2 Accounting policies** **Membership** The membership year runs from 1[st] January to 31[st] December. The annual **subscriptions** subscription is £12 for single members and £15 for joint members. Annual membership subscriptions are due before or on 1[st] January. Subscriptions prepaid for 2024 and beyond, as at 31[st] December 2024, are included in the balance sheet as deferred income. New members joining after 30[th] June receive the remainder of the first calendar year for free. **Gift Aid** Tax reclaims on donations and membership subscriptions are included in the accounts at the same time as the money to which they relate was received by the charity. **Dog adoption** Dog adoption fees represent payments from new owners in consideration **fees** for the adoption of a dog. The proportion of any fee received in excess of the minimum requested are accounted for as general donations (voluntary income). The minimum donation rates are dependent on the age and health of the dog. **Investment** Investment income represents the interest arising on funds deposited in **income** the building societies or bank deposit accounts. Income for the year includes interest accrued but not paid to account as at 31[st] December 2024 **Volunteer help** The Charity has no paid employees. All help is on an unpaid voluntary basis. The notional value of voluntary help received by the charity is not included in the accounts. Page | 3 Scottish Terrier Emergency Care Scheme (STECS) registered charity 275666 **Capitalisation of** The de-minimum cost for capitalising assets is £1,500. At 31[st] December **assets** 2024 the Charity had purchased investment property at a cost of £356,786.45. **Sales and stock** Sales are shown net of payment card commission where appropriate. **for resale** Stock for resale is Scottie merchandise for resale either through the sales and marketing department or at events. It is valued at the lower or cost or market value. ## **Note 3 Analysis of incoming resources** |**3a Voluntary Income**
**3b Fund raising**
**3c Charitable activities**
**3d Investment income**|**Analysis**|**2024**|**2023**| |---|---|---|---| ||Donations|20,069.49|14,337.17| ||Membershipsubscriptions|14,299.38|6,852.42| ||Gift aid|243.83|795.60| ||Legacies|147,025.04|162,134.15| ||**Total**|**181,637.74**|**184,119.34**| ||||| ||Direct sale of Scottie merchandise|10,678.17|8,159.65| ||Events|5,007.48|9,804.50| ||Garden Partyticket sales|466.17|4,579.15| ||Summer and Christmas draws|0.00|0.00| ||**Total**|**16,151.82**|**22,543.00**| ||||| ||Dogadoption fees|11,525.00|13,840.00| ||**Total**|**11,525.00**|**13,880.00**| ||||| ||BuildingSocietyinterest|6,162.29|6,703.36| ||Bank interest|0.00|0.00| ||**Total**|**6,162.29**|**6,703.36**| ## **Additional notes** ## **Sale of Scottie merchandise** The income from Events also includes the sale of Scottie merchandise. The net contribution from the sale of Scottie merchandise is: |andise is:||| |---|---|---| ||**2024**|**2023**| |Direct sales(note 3b)|10,678.17|8,159.65| |Sales included in income from Events|0.00|0.00| |**Total adjusted sales**|**10,678.17**|**8,159.65**| |Cost of stock sold(note 4b)|(8,901.32)|(4,194.86)| |**Net contribution**|**1,776.85**|**3,963.79**| Page | 4 Scottish Terrier Emergency Care Scheme (STECS) registered charity 275666 ## **Gift Aid** At 31[st] December 2024 the percentage of UK members signed up for Gift Aid was 54.7% compared to 41.6% at 31[st] December 2023. ## **Note 4 Analysis of resources expended** |**4a Administration**
**4b Fund raising**
**4c Charitable activities**|**Analysis**|**2024**|**2023**| |---|---|---|---| ||Stationeryandprintingof newsletter|2,586.22|4,761.14| ||Postage|3,573.91|3,230.89| ||Sundryexpenses(see note 4d)|10,613.09|6,801.35| ||Liabilityinsurance|6,318.23|2,389.31| ||Travel & Subsistence|0.00|6,461.00| ||Bank charges|82.56|101.50| ||Accountancy|2,200.00|2,220.00| ||Expenses reimbursed|0.00|0.00| ||**Total**|**25,374.01**|**25,965.19**| ||||| ||Stockpurchases|8,901.32|4,194.86| ||Events and raffleprizes|3,236.32|2,465.40| ||Salepostage and distribution costs|5,144.55|5,847.45| ||**Total**|**17,282.19**|**12,507.71**| ||||| ||Veterinaryfees|89,236.46|88,343.41| ||Petrol and transport|4,432.80|7,269.83| ||Kennellingand board|3,398.59|4,348.47| ||Other rescue expenses & microchipping|4,193.45|13,791.28| ||Dog purchases and donations|0.00|360.00| ||**Total**|**101,261.30**|**114,112.99**| ## **Additional notes** |**4d Sundry expenses**||**2024**|**2023**| |---|---|---|---| ||Lotterylicence|20.00|20.00| ||Website costs & corporate building|0.00|0.00| ||AGM meetingroom hire|195.00|45.00| ||Trustee travel expenses(see note 4e)|0.00|0.00| ||Independent examination of accounts|0.00|0.00| ||Floral tributes|310.00|70.70| ||IT equipment & software for Secretary|0.00|0.00| ||Online conferencing (Zoom)|296.00|0.00| ||Onlineprocessingof subscriptions|440.00|0.00| ||Other sundries|9,352.09|6,665.65| ||**Total**|**10,613.09**|**6,156.77**| Page | 5 Scottish Terrier Emergency Care Scheme (STECS) registered charity 275666 ## **Assets and liabilities** ## **5 Investments** |**5a Deposit accounts**
**5b Investment Property**
**6 Debtors and**
**prepayments**
**7 Creditors**|**Analysis**|**2024**|**2023**| |---|---|---|---| ||Yorkshire BuildingSociety|85,000.00|85,000.00| ||CoventryBuildingSociety|110,318.90|115,000.00| ||Virgin Bank PLC|85,000.00|85,000.00| ||Scottish BuildingSociety|0.00|0.00| ||Shawbrook Bank Ltd|85,000.00|85,000.00| ||Shawbrook Bank Ltd(Fixed rate)|86,880.29|85,935.00| ||**Total**|**452,199.19**|**455,935.00**| ||**Analysis**|**2024**|**2023**| ||Property purchase|282,609.66|**0.00**| ||Furniture & Fittings|74,176.79|**0.00**| ||**Total**|**356,786.45**|**0.00**| ||||| ||Gift aid reclaim|2115.15|1,871.32| ||Interest receivable|2,552.00|5,875.00| ||Prepaid expenses|0.00|0.00| ||**Total**|**4,667.15**|**7,746.32**| ||||| ||Deferred income
prepaid
subscriptions|1995.00|2,185.15| ||Accrued expenses|0.00|10,668.00| ||**Total**|**1995.00**|**13,483.15**| Prepaid subscriptions at 31[st] December 2024 comprised £1,995. ## **Additional disclosure** |**8 Restricted funds**|**Analysis**|**2024**|**2023**| |---|---|---|---| ||STECS Research Fund balance b/f|812.97|812.97| ||Movements in theyear|0.00|0.00| ||**Total balance at 31st December 2024**|**812.97**|**812.97**| **STECS Research Fund** this represents donations and money raised from events to be applied to research into Scottie health problems. There was no active fund raising or expenditure in 2024 or 2023. ## **9 Policy on reserves and funds raising** This policy remains unchanged. The current objective is that all expenditure for the year should be covered by income (before legacies). The trustees acknowledge that they have not met this objective in 2024 and there was a deficit amount of £68,452.25 before factoring in legacies (2023 deficit of £87,514.04). Page | 6 Scottish Terrier Emergency Care Scheme (STECS) registered charity 275666 legacies cannot be relied upon as a regular source of funding with any degree of certainty. Any legacies are deposited in low risk Building Societies or Bank accounts to generate additional income. The additional income arising (interest receivable) is then applied to fund the charitable activities. The trustees consider it extremely important not to become financially complacent and therefore the Charity will actively continue to fund raise to ensure that it has sufficient reserves to (1) help those less fortunate Scotties in need of care and (2) provide a contingency to cover any unforeseen exceptional costs or reduction in income. Page | 7 Scottish Terrier Emergency Care Scheme (STECS) registered charity 275666 **Section D** ## **Report to the members of the Scottish Terrier Emergency Care Scheme Accounts for the year ended 31[st] December 2024** consider that an audit is not required for this year under section 144 of the Charities Act 2021 (the Charities Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act; - to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act; and to state whether any particular matters have come to my attention. My examination was carried out in accordance with 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 consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a In connection with my examination, no matters have come to my attention which gives me cause to believe that in any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - to accounts die not comply with the applicable requirements concerning the form and content of accounts set out in Charities (Accounts and Reports) Regulations 2008 other considered as past of an independent examination. I have come across no others 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. |reached.||| |---|---|---| |Signature|Name,Position & Address|Date| ||M T Forshaw BA FCA, Director
Xeinadin Accountants
Ground floor, Citygate, Longridge Road
Preston PR2 5BQ|| Page | 8 Scottish Terrier Emergency Care Scheme (STECS) registered charity 275666