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 2021 Sidmouth and District Animal Welfare and Rescue Circle Contents Page For the year ended 31 December 2021 |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 2021 The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 December 2021. 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** M T D Accountancy Ltd 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 10 ## Sidmouth and District Animal Welfare and Rescue Circle Statement of Financial Activities For the year ended 31 December 2021 ||**Notes**|**Unrestricted**|**2020**| |---|---|---|---| |||**funds**|| |||**£**|**£**| |**Income and endowments from:**|||| |Donations and legacies|2|47,471|118,581| |Other income|3|7,748|7,017| |**Total**||**55,219**|**125,598**| |**Expenditure on:**|||| |Charitable activities|4/5|(62,896)|(93,637)| |**Total**||**(62,896)**|**(93,637)**| |**Net income/expenditure**||**(7,677)**|**31,961**| |**Reconciliation of funds**|||| |Total funds brought forward||529,907|497,945| |**Total funds carried forward**||**522,230**|**529,906**| 2 of 10 ## Sidmouth and District Animal Welfare and Rescue Circle Statement of Financial Position ## As at 31 December 2021 ||**Notes**|**2021**|**2020**| |---|---|---|---| |||**£**|**£**| |**Fixed assets**|||| |Tangible assets|10|465,116|465,116| |||**465,116**|**465,116**| |**Current assets**|||| |Cash at bank and in hand||60,316|66,230| |||**60,316**|**66,230**| |**Creditors: amounts falling due within one year**|11|(3,203)|(1,438)| |**Net current assets**||**57,113**|**64,792**| |**Total assets less current liabilities**||**522,229**|**529,908**| |**Net assets**||**522,229**|**529,908**| |**The funds of the charity**|||| |Unrestricted income funds|12|522,230|529,906| |**Total funds**||**522,230**|**529,906**| The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Mrs H Castle Trustee 3 of 10 ## Sidmouth and District Animal Welfare and Rescue Circle Notes to the Financial Statements For the year ended 31 December 2021 ## **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** |**Unrestricted funds**
Donations received
Legacies received|**2020**
**2021**
**£**
**£**
32,767
15,534
85,814
31,937
**118,581**
**47,471**| |---|---| ## **3. Other income** |**ther income**||| |---|---|---| |**Unrestricted funds**
Gift Aid
Other income
EDDC Grant|**2021**
**£**
2,441
5,307
-
**7,748**|**2020**
**£**
1,127
890
5,000| |||**7,017**| 4 of 10 ## Sidmouth and District Animal Welfare and Rescue Circle Notes to the Financial Statements Continued ## For the year ended 31 December 2021 ## **4. Costs of charitable activities by fund type** |**osts of charitable activities by fund type**||| |---|---|---| ||**2021**|**2020**| ||**£**|**£**| |**Unrestricted funds**||| |Vetinary care|3,896|10,211| |Animal care|13,615|36,744| |Support costs|45,385|46,682| ||**62,896**|**93,637**| ## **5. Costs of charitable activities by activity type** ||**Activities**|**Support**|**2021**|**2020**| |---|---|---|---|---| ||**undertaken**|**costs**||| ||**directly**|||| ||**£**|**£**|**£**|**£**| |**Support costs**||||| |Vetinary care|3,896|-|3,896|10,211| |Animal care|13,615|-|13,615|36,744| |Support|-|45,385|45,385|46,682| ||**17,511**|**45,385**|**62,896**|**93,637**| ## **6. Analysis of support costs** |**Support**
Support costs
Wages & salaries
Hired services
Insurance
Repairs & maintenance
Utilities
Motor expenses
Equipment & household
expenses
Governance costs|**2021**
**£**
3,412
30,070
564
2,122
1,825
2,461
2,749
682
1,500
**45,385**|**2020**
**£**
2,958
29,678
-
2,191
3,497
3,712
2,361
575
1,710| |---|---|---| |||**46,682**| 5 of 10 ## Sidmouth and District Animal Welfare and Rescue Circle Notes to the Financial Statements Continued For the year ended 31 December 2021 ## **7. Net income/(expenditure) for the year** This is stated after charging/(crediting): |This is stated after charging/(crediting):||| |---|---|---| ||**2021**|**2020**| ||**£**|**£**| |Accountancy fees|1,500|1,710| |Staff pension contributions|992|953| ## **8. Staff costs** Total staff costs for the year ended 31 December 2021 were: |Total staff costs for the year ended 31 December 2021 were:||| |---|---|---| ||**2021**|**2020**| ||**£**|**£**| |Salaries and wages|79,512|78,939| |Social security costs|910|1,238| |Pension costs|992|953| ||**81,415**|**81,130**| ||**2021**|**2020**| |Animal care|4|4| |Support|2|2| ||**6**|**6**| ## **9. Comparative for the Statement of Financial Activities** The comparative year values on the Statement of Financial Activites are for unrestricted funds. 6 of 10 ## Sidmouth and District Animal Welfare and Rescue Circle Notes to the Financial Statements Continued For the year ended 31 December 2021 ## **10. Tangible fixed assets** |**Cost or valuation**
At 01 January 2021
At 31 December 2021
**Depreciation**
At 01 January 2021
At 31 December 2021
**Net book values**
At 31 December 2021
At 31 December 2020|**Land and**
**buildings**
**£**
465,116
**465,116**
-
**-**
**465,116**
**465,116**|**Plant and**
**machinery**
**£**
2,491
**2,491**
2,491
**2,491**
**-**
**-**|**Motor**
**vehicles**
**£**
15,418
**15,418**
15,418
**15,418**
**1**
**1**|**Total**
**£**
483,025| |---|---|---|---|---| |||||**483,025**| |||||17,908| |||||**17,908**| |||||**465,116**| |||||**465,116**| ## **11. Creditors: amounts falling due within one year** |**Creditors: amounts falling due within one year**||| |---|---|---| ||**2021**|**2020**| ||**£**|**£**| |Other creditors|1,703|(2)| |Accruals and deferred income|1,500|1,440| ||**3,203**|**1,438**| ## **12. Movement in funds** ## **Unrestricted Funds** |**Unrestricted Funds**||||| |---|---|---|---|---| |_General_
General
**Unrestricted Funds - Previous year**
_General_
General|**Balance at**
**01/01/2021**
**£**
529,907
**529,907**
**Balance at**
**01/01/2020**
**£**
497,945
**497,945**|**Incoming**
**resources**
**£**
55,219
**55,219**
**Incoming**
**resources**
**£**
125,598
**125,598**|**Outgoing**
**resources**
**£**
(62,896)
**(62,896)**
**Outgoing**
**resources**
**£**
(93,637)
**(93,637)**|**Balance at**
**31/12/2021**
**£**
522,230| |||||**522,230**| |||||**Balance at**
**31/12/2020**
**£**
529,906| |||||**529,906**| 7 of 10 Sidmouth and District Animal Welfare and Rescue Circle Notes to the Financial Statements Continued For the year ended 31 December 2021 ## **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** ||**Tangible**|**Net current**|**Net Assets**| |---|---|---|---| ||**fixed assets**|**assets /**|| |||**(liabilities)**|| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |_General_|||| |General|465,116|57,113|522,229| ||**465,116**|**57,113**|**522,229**| |**Previous year**|||| ||**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 10 ## Sidmouth and District Animal Welfare and Rescue Circle Notes to the Financial Statements Continued For the year ended 31 December 2021 |**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)
**Hired services**
Hired services (Support)
**Insurance**
Insurance (Support)
**Repairs & maintenance**
Repairs & maintenance (Support)
**Utilities**
Utilities (Support)
**Motor expenses**
Motor expenses (Support)
**Equipment & household expenses**
Equipment & household expenses (Support)|**£**
**2021**
15,534
31,937
**47,471**
2,441
5,307
-
**7,748**
**55,219**
(3,896)
(13,615)
**(17,511)**
(3,412)
**(3,412)**
(30,070)
**(30,070)**
(564)
**(564)**
(2,122)
**(2,122)**
(1,825)
**(1,825)**
(2,461)
**(2,461)**
(2,749)
**(2,749)**
(682)
**(682)**|**£**
**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)**| 9 of 10 ## Sidmouth and District Animal Welfare and Rescue Circle Detailed Statement of Financial Activities For the year ended 31 December 2021 **Governance costs** Governance costs (Support) **Total resources expended Net Expenditure** |(1,500)
**(1,500)**
**(62,896)**
**(7,677)**|(1,710)| |---|---| ||**(1,710)**| ||**(93,637)**| ||**31,961**| 10 of 10 This page does not form part of the statutory financial statements