Charity registration number: 276067
The Pug Dog Welfare & Rescue Association
Annual Report and Financial Statements
for the Year Ended 31 December 2021
The Pug Dog Welfare & Rescue Association
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 4 |
| Statement of Trustees' Responsibilities | 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 to 8 |
| Balance Sheet | 9 |
| Notes to the Financial Statements | 10 to 15 |
The Pug Dog Welfare & Rescue Association
Reference and Administrative Details
Trustees Charlotte Hill, Chair Paula Parke, Acting Secretary Robin Coulter, Treasurer Andrea Slater Yasmin Tompkins Jonathan Brown Joanna Tudor-Blakeway Charity Registration Number 276067 Principal Office 1 Deer Hill Brocton Stafford ST17 0UA Independent Examiner John O'Brien, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
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The Pug Dog Welfare & Rescue Association
Trustees' Report
The trustees present the annual report together with the financial statements of the charity for the year ended 31 December 2021.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Charlotte Hill, Chair Paula Parke, Acting Secretary (appointed 1 January 2021) Robin Coulter, Treasurer Andrea Slater Yasmin Tompkins (appointed 5 March 2021) Jonathan Brown (appointed 23 March 2021) Joanna Tudor-Blakeway (appointed 23 March 2021)
Objectives and activities
Objects and aims
The charity's objectives are to relieve the suffering and distress of pug dogs in need of care and attention, including veterinary attention.
Objectives, strategies and activities
Our national network of volunteers take surrender calls from within their areas and arrange pick up, transport and placement in temporary foster homes. This allows a veterinary health check, behavioural assessment and neutering if necessary.
These volunteers also receive applications from applicants wishing to adopt a rescue pug, home check suitable applicants and arrange adoption. At all stages, the volunteer ensures microchip details are updated. We attend appropriate events where we can give advice regarding the breed and raise awareness of our charity. Local social events are also organised to share information and raise awareness and funds although, with the COVID-19 pandemic, these activities have been severely restricted.
Several fundraising activities are ongoing throughout the year chiefly via our presence on social media and the web.
Public benefit
We relieve the mental stress for pug owners who, for whatever reason, find themselves unable to keep their pet pugs. We unite surrendered pugs with suitable forever homes where the new owner has a particular wish to offer a home to a rescue pug. We offer support and advice to any pug owner who contacts us.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
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The Pug Dog Welfare & Rescue Association
Trustees' Report
Use of volunteers
We continue to realise the value of our many volunteers who give their time freely. Many have part or full-time jobs and our work can require a quick response, often at unsociable times. Often the work of surrender is emotionally challenging but our workers act sensibly yet sensitively.
Our supporters are devoted and continue to help us meet our not inconsiderable expenses.
Organisational structure
We have no staff, just unpaid volunteers. No one receives remuneration or benefits other than reimbursement of authorised costs incurred in the day to day work of our charity.
We cannot overemphasize our appreciation of our volunteers. The unpaid hours they give, often fitting in the charity work around their full or part-time jobs, enables us to boast that over 90% of our annual income was spent directly on the welfare of pugs surrendered to us.
We continue to receive generous support, not just financially. Some of these supporters remain anonymous and many without any individual acknowledgement. We are grateful for these kindhearted people without whom we would be unable to continue our work.
Achievements and performance
It was quite a difficult year for the charity, as in many cases, COVID lockdown restrictions made the transportation and rehoming of pugs challenging. Nevertheless, the charity succeeded in rescuing all the pugs in need of such rescue and all were placed in successful foster homes and/or permanent homes. In particular, we have seen an increase in the number of older pugs in need of our assistance. The charity has likewise succeeded in placing certain pugs with long-term health conditions in long-term foster arrangements, where they will stay for the rest of their lives.
PDWRA normally attends events such as shows and events such as Discover Dogs and Crufts; however, these activities were somewhat curtailed due to COVID are are just beginning again. Attendance at such events (where possible) has allowed us to provide advice about the breed and to increase awareness of our charity and its activities. Local groups of the charity in various regions around the UK have been similarly active, where possible.
We have been very busy with fundraising activities. These have taken the form of events where permitted by the restrictions in many regions of the UK, but in particular, fundraising activities via our presence on social media. These have been extremely successful.
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The Pug Dog Welfare & Rescue Association
Trustees' Report
Financial review
A second difficult year with, like most charities, some of our supporters facing changes to their personal circumstances. Although donations and fundraising were down by around £75k compared to 2020, we were fortunate to receive legacies totaling some £32k and our veterinary bills saw a small decrease of £16k. These factors, combined with a decrease in fundraising and website development expenditure, resulted in only a small excess of expenditure over receipts of £2.5k. Our invested legacies performed well with an increase in value of £107k across our funds leading to an overall £104.5k net increase in our funds.
We are currently financially sound with no creditors. A significant percentage of our income is from fundraising, and we are acutely aware that this is currently managed by a very small number of very dedicated individuals. Donations continue from our regular supporters and we look forward to being able to meet more of them as nationwide events become a possibility once again
Policy on reserves
With the unknown challenge of Brexit and subsequently the even larger challenge of the COVID-19 pandemic we maintained a fairly high reserve of £60k in a low interest but easy access savings account. This reserve amounts to approximately 25% of our annual expenditure. Veterinary bills formed 88% of our total expenditure. Such bills are unpredictable and difficult to budget for but, with the invaluable support of our veterinary advisors, we continue to make concerted efforts to eliminate unnecessary costs. The reserve amount is reviewed annually and as we did not need to draw on it during 2021, it may well be reduced in the future.
Our policy with substantial legacies is, where possible, to add these to our existing investments which are spread over 3 different COIF funds, utilising only the interest generated. These funds yielded almost £26k in 2021, similar to the previous year.
Structure, governance and management
Nature of governing document
The charity is operated under the rules of its constitution deed adopted 20/02/1978 and most recently amended 23/03/2014.
Recruitment and appointment of trustees
Potential new trustees are identified by existing trustees generally, but not exclusively, from active volunteers who have shown both skills which would be an asset to the governing body and the necessary commitment to the charity. Following a successful interview, potential trustees are proposed and seconded by existing trustees and, if supported by a 3/4 majority of serving trustees, take up their position following successful background checks where appropriate.
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The Pug Dog Welfare & Rescue Association
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees of the charity on .................... and signed on its behalf by: 28/03/2022
......................................... Charlotte Hill Trustee
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The Pug Dog Welfare & Rescue Association
Independent Examiner's Report to the trustees of The Pug Dog Welfare & Rescue Association
Independent examiner’s report to the trustees of The Pug Dog Welfare & Rescue Association
I report to the trustees on my examination of the accounts of The Pug Dog Welfare & Rescue Association (the Charity) for the year ended 31 December 2021.
Responsibilities and basis of report
As the trustees of the charity 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 Charity’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 Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting 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.
......................................
John O’Brien MSc, FCCA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners
Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
28/03/2022 Date:.............................
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The Pug Dog Welfare & Rescue Association
Statement of Financial Activities for the Year Ended 31 December 2021
| Note Income and Endowments from: Donations and legacies 2 Other trading activities 3 Investment income 4 Total Income Expenditure on: Charitable activities 5 Total Expenditure Gains/losses on investment assets Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted £ 152,108 59,761 25,817 237,686 (240,199) (240,199) 106,997 104,484 1,016,830 1,121,314 |
Total 2021 £ 152,108 59,761 25,817 237,686 (240,199) (240,199) 106,997 104,484 1,016,830 1,121,314 |
Total 2020 £ 140,423 98,840 25,928 |
|---|---|---|---|
| 265,191 | |||
| (271,314) | |||
| (271,314) | |||
| 109,425 | |||
| 103,302 913,528 |
|||
| 1,016,830 |
All of the charity's activities derive from continuing operations during the above two periods.
The notes on pages 10 to 15 form an integral part of these financial statements. Page 7
The Pug Dog Welfare & Rescue Association
Statement of Financial Activities for the Year Ended 31 December 2021
These are the figures for the previous accounting period and are included for comparative purposes
| Note Income and Endowments from: Donations and legacies 2 Other trading activities 3 Investment income 4 Total Income Expenditure on: Charitable activities 5 Total Expenditure Gains/losses on investment assets Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted £ 140,423 98,840 25,928 265,191 (271,314) (271,314) 109,425 103,302 913,528 1,016,830 |
Total 2020 £ 140,423 98,840 25,928 |
|---|---|---|
| 265,191 | ||
| (271,314) | ||
| (271,314) | ||
| 109,425 | ||
| 103,302 913,528 |
||
| 1,016,830 |
The notes on pages 10 to 15 form an integral part of these financial statements. Page 8
The Pug Dog Welfare & Rescue Association
(Registration number: 276067) Balance Sheet as at 31 December 2021
| Note Fixed assets Investments 8 Current assets Stocks 9 Debtors 10 Cash at bank and in hand 11 Creditors: Amounts falling due within one year 12 Net current assets Net assets Funds of the charity: Unrestricted income funds Unrestricted funds Total funds |
2021 £ 1,033,101 2,319 2,501 84,425 89,245 (1,032) 88,213 1,121,314 1,121,314 1,121,314 |
2020 £ 926,104 2,460 - 90,282 |
|---|---|---|
| 92,742 (2,016) |
||
| 90,726 | ||
| 1,016,830 | ||
| 1,016,830 | ||
| 1,016,830 |
28th March 2022
The financial statements on pages 7 to 15 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:
......................................... Robin Coulter Trustee
The notes on pages 10 to 15 form an integral part of these financial statements. Page 9
The Pug Dog Welfare & Rescue Association
Notes to the Financial Statements for the Year Ended 31 December 2021
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
The Pug Dog Welfare & Rescue Association meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Exemption from preparing a cash flow statement
The charity opted to adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
Going concern
The financial statements have been prepared on a going concern basis.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
Investment income
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.
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The Pug Dog Welfare & Rescue Association
Notes to the Financial Statements for the Year Ended 31 December 2021
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregates similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Fixed asset investments
Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal.
Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the Statement of Financial Activities based on the market value at the year end.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
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The Pug Dog Welfare & Rescue Association
Notes to the Financial Statements for the Year Ended 31 December 2021
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
2 Income from donations and legacies
| Donations and legacies; Donations from individuals Legacies 3 Income from other trading activities Events income; Other events income Other income from other trading activities 4 Investment income Income from dividends; Dividends receivable from other unlisted investments Interest receivable and similar income; Interest receivable on bank deposits |
Unrestricted funds General £ 117,872 34,236 152,108 Unrestricted funds General £ 1,040 58,721 59,761 Unrestricted funds General £ 25,811 6 25,817 |
Total 2021 £ 117,872 34,236 152,108 Total funds £ 1,040 58,721 59,761 Total 2021 £ 25,811 6 25,817 |
Total 2020 £ 138,423 2,000 |
|---|---|---|---|
| 140,423 | |||
| Total 2020 £ 3,205 95,635 |
|||
| 98,840 | |||
| Total 2020 £ 25,906 22 |
|||
| 25,928 |
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The Pug Dog Welfare & Rescue Association
Notes to the Financial Statements for the Year Ended 31 December 2021
5 Expenditure on charitable activities
| Veterinary fees Transportation Kennelling & food Fundraising Phone Website Sundry expenses Events Newsletter Printing, postage & stationery Travel Insurance & accountancy Donations paid Cost of sales (merchandise) Software Paypal & Virgin Giving fees Legal fees |
Unrestricted General funds £ 211,180 4,380 327 14,595 1,542 1,235 2,077 - 465 282 95 1,329 400 639 - 1,153 500 240,199 |
Total 2021 £ 211,180 4,380 327 14,595 1,542 1,235 2,077 - 465 282 95 1,329 400 639 - 1,153 500 240,199 |
Total 2020 £ 227,636 2,579 1,850 21,728 3,314 3,778 747 683 1,003 1,117 116 1,833 - 4,341 589 - - |
|---|---|---|---|
| 271,314 |
6 Independent examiner's fees
During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus are analysed as follows:
| Independent examination | 2021 £ 860 860 |
2020 £ 840 |
|---|---|---|
| 840 |
7 Taxation
The charity is a registered charity and is therefore exempt from taxation.
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The Pug Dog Welfare & Rescue Association
Notes to the Financial Statements for the Year Ended 31 December 2021
8 Fixed asset investments
| 8 Fixed asset investments |
||||
|---|---|---|---|---|
| Other investments Other investments Cost or Valuation At 1 January 2021 Revaluation At 31 December 2021 Net book value At 31 December 2021 At 31 December 2020 Investments held at 31/12/2021 comprised: COIF Investment Fund - 10540.77 units; COIF Fixed Interest Fund - 110509.8 units; COIF Global Equity Fund - 234644.81 units. |
2021 £ 1,033,101 Unlisted investments £ 926,104 106,997 |
2020 £ 926,104 |
||
| Total £ 926,104 106,997 1,033,101 1,033,101 926,104 |
||||
| 1,033,101 | ||||
| 1,033,101 | ||||
| 926,104 | ||||
9 Stock
| 9 Stock |
||
|---|---|---|
| Finished goods 10 Debtors Prepayments Accrued income |
2021 £ 2,319 2021 £ 525 1,976 2,501 |
2020 £ 2,460 |
| 2020 £ - - |
||
| - |
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The Pug Dog Welfare & Rescue Association
Notes to the Financial Statements for the Year Ended 31 December 2021
11 Cash and cash equivalents
| Cash at bank 12 Creditors: amounts falling due within one year Other creditors 13 Analysis of net assets between funds Fixed asset investments Current assets Current liabilities Total net assets Fixed asset investments Current assets Current liabilities Total net assets |
2021 £ 84,425 2021 £ 1,032 Unrestricted General £ 1,033,101 89,245 (1,032) 1,121,314 Unrestricted General £ 926,104 92,742 (2,016) 1,016,830 |
2020 £ 90,282 |
|---|---|---|
| 2020 £ 2,016 |
||
| 2021 Total funds £ 1,033,101 89,245 (1,032) |
||
| 1,121,314 | ||
| 2020 Total funds £ 926,104 92,742 (2,016) |
||
| 1,016,830 |
14 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
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