Charity number: 278696 Sidmouth and District Animal Welfare and Rescue Circle Report of the Trustees and Unaudited Financial Statements For the year ended 31 December 2020 Sidmouth and District Animal Welfare and Rescue Circle Contents Page For the year ended 31 December 2020 |Report of the Trustees|1| |---|---| |Independent Examiner's Report to the Trustees|2| |Statement of Financial Activities|3| |Statement of Financial Position|4| |Notes to the Financial Statements|5 to 9| |Detailed Statement of Financial Activities|10 to 11| Sidmouth and District Animal Welfare and Rescue Circle Report of the Trustees ## For the year ended 31 December 2020 The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 December 2020. 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 the Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** Sidmouth and District Animal Welfare and Rescue Circle **Charity registration number** 278696 **Principal address** The Old Brickworks Chineway Road Ottery St Mary Devon EX11 1PL ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: Miss G Hindley (Deceased: 07 March 2021) Mrs H Castle Mr T Hadley Miss H Weaver Mrs L Marlow Mrs L Cresser **Independent examiners** Kirkness & Co 21 Silver Street Ottery St Mary Devon EX11 1DB Approved by the Board of Trustees and signed on its behalf by ............................................................................. Miss H Weaver 1 of 11 ## Sidmouth and District Animal Welfare and Rescue Circle Independent Examiners Report to the Trustees For the year ended 31 December 2020 I report to the trustees on my examination of the accounts of the charity for the year ended 31 December 2020. ## **Responsibilities and basis of report** As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 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 examiners 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: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 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. Kirkness & Co 21 Silver Street Ottery St Mary Devon EX11 1DB 2 of 11 ## Sidmouth and District Animal Welfare and Rescue Circle Statement of Financial Activities ## For the year ended 31 December 2020 ||**Notes**|**Unrestricted**|**2019**| |---|---|---|---| |||**funds**|| |||**£**|**£**| |**Income and endowments from:**|||| |Donations and legacies|2|118,581|44,573| |Other income|3|7,017|3,570| |**Total**||**125,598**|**48,143**| |**Expenditure on:**|||| |Charitable activities|4/5|(93,637)|(122,235)| |**Total**||**(93,637)**|**(122,235)**| |**Net income/expenditure**||**31,961**|**(74,092)**| |**Reconciliation of funds**|||| |Total funds brought forward||497,945|572,037| |**Total funds carried forward**||**529,906**|**497,945**| 3 of 11 ## Sidmouth and District Animal Welfare and Rescue Circle Statement of Financial Position ## As at 31 December 2020 |**Notes**
**Fixed assets**
Tangible assets
10
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due within one year**
11
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Unrestricted income funds
12
**Total funds**|**£**
**2020**
465,116
**465,116**
66,230
**66,230**
(1,438)
**64,792**
**529,908**
**529,908**
529,906
**529,906**|**£**
**2019**
465,116| |---|---|---| |||**465,116**| |||35,926| |||**35,926**| |||(3,097)
**32,829**| |||**497,945**| |||**497,945**| |||497,945| |||**497,945**| The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Miss H Weaver Trustee 4 of 11 ## Sidmouth and District Animal Welfare and Rescue Circle Notes to the Financial Statements For the year ended 31 December 2020 ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 (FRS 102), and the Charities Act 2011. Sidmouth and District Animal Welfare and Rescue Circle 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 note(s). ## **Incoming resources** All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: ## **Resources expended** Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure: ## **Tangible fixed assets** Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: ## **2. Income from donations and legacies** ||**2020**|**2019**| |---|---|---| ||**£**|**£**| |**Unrestricted funds**||| |Donations received|32,767|30,315| |Legacies received|85,814|14,258| ||**118,581**|**44,573**| ## **3. Other income** |**ther income**||| |---|---|---| |**Unrestricted funds**
Gift Aid
Other income
EDDC Grant|**2020**
**£**
1,127
890
5,000
**7,017**|**2019**
**£**
2,419
1,151
-| |||**3,570**| 5 of 11 ## Sidmouth and District Animal Welfare and Rescue Circle Notes to the Financial Statements Continued For the year ended 31 December 2020 ## **4. Costs of charitable activities by fund type** |**Unrestricted funds**
Vetinary care
Animal care
Support costs|**2019**
**2020**
**£**
**£**
16,518
10,211
55,148
36,744
50,569
46,682
**122,235**
**93,637**| |---|---| ## **5. Costs of charitable activities by activity type** ||**Activities**|**Support**|**2020**|**2019**| |---|---|---|---|---| ||**undertaken**|**costs**||| ||**directly**|||| ||**£**|**£**|**£**|**£**| |**Support costs**||||| |Vetinary care|10,211|-|10,211|16,518| |Animal care|36,744|-|36,744|55,148| |Support|-|46,682|46,682|50,569| ||**46,955**|**46,682**|**93,637**|**122,235**| ## **6. Analysis of support costs** |**nalysis of support costs**||| |---|---|---| ||**2020**|**2019**| ||**£**|**£**| |**Support**||| |Support costs|2,958|4,027| |Wages & salaries|29,678|31,860| |Insurance|2,191|2,196| |Repairs & maintenance|3,497|3,586| |Utilities|3,712|4,158| |Motor expenses|2,361|2,743| |Equipment & household|575|559| |expenses||| |Governance costs|1,710|1,440| ||**46,682**|**50,569**| 6 of 11 ## Sidmouth and District Animal Welfare and Rescue Circle Notes to the Financial Statements Continued For the year ended 31 December 2020 ## **7. Net income/(expenditure) for the year** This is stated after charging/(crediting): |This is stated after charging/(crediting):||| |---|---|---| ||**2020**|**2019**| ||**£**|**£**| |Accountancy fees|1,710|960| |Staff pension contributions|953|774| ## **8. Staff costs** Total staff costs for the year ended 31 December 2020 were: |Salaries and wages
Social security costs
Pension costs|**2020**
**£**
78,939
1,238
953
**81,130**|**2019**
**£**
81,007
2,043
774| |---|---|---| |||**83,824**| ## **9. Comparative for the Statement of Financial Activities** The comparative year values on the Statement of Financial Activites are for unrestricted funds. ## **10. Tangible fixed assets** ||**Land and**|**Plant and**|**Motor**|| |---|---|---|---|---| |**Cost or valuation**|**buildings**|**machinery**|**vehicles**|**Total**| ||**£**|**£**|**£**|**£**| |At 01 January 2020|465,116|2,491|15,418|483,025| |At 31 December 2020|**465,116**|**2,491**|**15,418**|**483,025**| |**Depreciation**||||| |At 01 January 2020|-|2,491|15,418|17,908| |At 31 December 2020|**-**|**2,491**|**15,418**|**17,908**| |**Net book values**||||| |At 31 December 2020|**465,116**|**-**|**1**|**465,116**| |At 31 December 2019|**465,116**|**-**|**1**|**465,116**| 7 of 11 ## Sidmouth and District Animal Welfare and Rescue Circle Notes to the Financial Statements Continued For the year ended 31 December 2020 ## **11. Creditors: amounts falling due within one year** |Trade creditors
Other creditors
Accruals and deferred income|**2020**
**£**
-
(2)
1,440
**1,438**|**2019**
**£**
912
1,225
960| |---|---|---| |||**3,097**| ## **12. Movement in funds** ## **Unrestricted Funds** |**Unrestricted Funds**||||| |---|---|---|---|---| ||**Balance at**|**Incoming**|**Outgoing**|**Balance at**| ||**01/01/2020**|**resources**|**resources**|**31/12/2020**| ||**£**|**£**|**£**|**£**| |_General_||||| |General|497,945|125,598|(93,637)|529,906| ||**497,945**|**125,598**|**(93,637)**|**529,906**| |**Unrestricted Funds - Previous year**||||| ||**Balance at**|**Incoming**|**Outgoing**|**Balance at**| ||**01/01/2019**|**resources**|**resources**|**31/12/2019**| ||**£**|**£**|**£**|**£**| |_General_||||| |General|572,037|48,143|(122,235)|497,945| ||**572,037**|**48,143**|**(122,235)**|**497,945**| ## **Purpose of unrestricted Funds** ## General The relief of sufferingof animals in need of care and attention by reason of homelessness, maltreatment, poor circumstances, ill-usage or similar causes, and for the prevention of cruelty to animals. ## **13. Analysis of net assets between funds** |**Analysis of net assets between funds**|||| |---|---|---|---| ||**Tangible**|**Net current**|**Net Assets**| ||**fixed assets**|**assets /**|| |||**(liabilities)**|| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |_General_|||| |General|465,116|64,792|529,908| ||**465,116**|**64,792**|**529,908**| 8 of 11 Sidmouth and District Animal Welfare and Rescue Circle Notes to the Financial Statements Continued For the year ended 31 December 2020 ## **Previous year** ||**Tangible**|**Net current**|**Net Assets**| |---|---|---|---| ||**fixed assets**|**assets /**|| |||**(liabilities)**|| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |_General_|||| |General|465,116|32,829|497,945| ||**465,116**|**32,829**|**497,945**| 9 of 11 ## Sidmouth and District Animal Welfare and Rescue Circle Detailed Statement of Financial Activities For the year ended 31 December 2020 |**INCOME AND ENDOWMENT**
**Donations and legacies**
Donations
Legacies
**Other income**
Gift Aid
Other income
EDDC Grant
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Vetinary care (Vetinary care)
Animal care (Animal care)
**SUPPORT COSTS**
**Support costs**
Support costs (Support)
**Wages & salaries**
Wages & salaries (Support)
**Insurance**
Insurance (Support)
**Repairs & maintenance**
Repairs & maintenance (Support)
**Utilities**
Utilities (Support)
**Motor expenses**
Motor expenses (Support)
**Equipment & household expenses**
Equipment & household expenses (Support)
**Governance costs**
Governance costs (Support)|**£**
**2020**
32,767
85,814
**118,581**
1,127
890
5,000
**7,017**
**125,598**
(10,211)
(36,744)
**(46,955)**
(2,958)
**(2,958)**
(29,678)
**(29,678)**
(2,191)
**(2,191)**
(3,497)
**(3,497)**
(3,712)
**(3,712)**
(2,361)
**(2,361)**
(575)
**(575)**
(1,710)
**(1,710)**|**£**
**2019**
30,315
14,258| |---|---|---| |||**44,573**
2,419
1,151
-| |||**3,570**| |||**48,143**
(16,518)
(55,148)| |||**(71,666)**
(4,027)| |||**(4,027)**
(31,860)| |||**(31,860)**
(2,196)| |||**(2,196)**
(3,586)| |||**(3,586)**
(4,158)| |||**(4,158)**
(2,743)| |||**(2,743)**
(559)| |||**(559)**
(1,440)| |||**(1,440)**| 10 of 11 This page does not form part of the statutory financial statements ## Sidmouth and District Animal Welfare and Rescue Circle Detailed Statement of Financial Activities Continued For the year ended 31 December 2020 ## **Total resources expended** ## **Net Income** |**(93,637)**
**31,961**|**(122,235)**| |---|---| ||**(74,092)**| 11 of 11 This page does not form part of the statutory financial statements