Charity registration number: 278696
Sidmouth and District Animal Welfare and Rescue Centre
Annual Report and Financial Statements
for the Year Ended 31 December 2024
Sidmouth and District Animal Welfare and Rescue Centre
Contents (continued)
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 |
| Statement of Trustees' Responsibilities | 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 13 |
Sidmouth and District Animal Welfare and Rescue Centre
Reference and Administrative Details
Trustees Mrs H Castle Mrs L Marlow Miss H Weaver Mr T Hadley Mrs L Cresser Ms J Talbot Charity Registration Number 278696 Principal Office The Old Brickworks Chineway Road Ottery St Mary EX11 1PL Independent Examiner MTD Accountancy Ltd Independent Examiner 21 Silver Street Ottery St Mary EX11 1DB
Page 1
Sidmouth and District Animal Welfare and Rescue Centre
Trustees' Report
The trustees present the annual report together with the financial statements of the charity for the year ended 31 December 2024.
Objectives and activities
Public benefit
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.
Structure, governance and management
The annual report was approved by the trustees of the charity on 31 May 2025 and signed on its behalf by:
......................................... Mrs L Marlow Trustee
Page 2
Sidmouth and District Animal Welfare and Rescue Centre
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 Charities (Accounts and Reports) Regulations 2008, 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.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the trustees of the charity on 31 May 2025 and signed on its behalf by:
......................................... Mrs L Marlow Trustee
Page 3
Sidmouth and District Animal Welfare and Rescue Centre
Independent Examiner's Report to the trustees of Sidmouth and District Animal Welfare and Rescue Centre
I report to the trustees on my examination of the accounts of Sidmouth and District Animal Welfare and Rescue Centre for the year ended 31 December 2024.
Responsibilities and basis of report
As the charity trustees of Sidmouth and District Animal Welfare and Rescue Centre 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 Sidmouth and District Animal Welfare and Rescue Centre'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 material 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 Sidmouth and District Animal Welfare and Rescue Centre 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.
...................................... MTD Accountancy Ltd Independent Examiner
21 Silver Street Ottery St Mary EX11 1DB
31 May 2025
Page 4
Sidmouth and District Animal Welfare and Rescue Centre
Statement of Financial Activities for the Year Ended 31 December 2024
| Note Income and Endowments from: Donations and legacies Total income Expenditure on: Charitable activities Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 12 |
Unrestricted funds £ 119,129 119,129 (90,808) (90,808) 28,321 28,321 488,887 517,208 |
Total 2024 £ 119,129 |
|---|---|---|
| 119,129 | ||
| (90,808) | ||
| (90,808) | ||
| 28,321 | ||
| 28,321 488,887 |
||
| 517,208 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 12.
The notes on pages 7 to 13 form an integral part of these financial statements. Page 5
Sidmouth and District Animal Welfare and Rescue Centre
(Registration number: 278696) Balance Sheet as at 31 December 2024
| Note Fixed assets Tangible assets 8 Current assets Debtors 9 Cash at bank and in hand 10 Creditors: Amounts falling due within one year 11 Net current assets Net assets Funds of the charity: Unrestricted income funds Unrestricted funds Total funds 12 |
2024 £ 465,116 2,245 54,084 56,329 (4,237) 52,092 517,208 517,208 517,208 |
2023 £ 465,116 1,429 24,041 |
|---|---|---|
| 25,470 (1,699) |
||
| 23,771 | ||
| 488,887 | ||
| 488,887 | ||
| 488,887 |
The financial statements on pages 5 to 13 were approved by the trustees, and authorised for issue on 31 May 2025 and signed on their behalf by:
......................................... Mrs L Marlow Trustee
The notes on pages 7 to 13 form an integral part of these financial statements. Page 6
Sidmouth and District Animal Welfare and Rescue Centre
Notes to the Financial Statements for the Year Ended 31 December 2024
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
Sidmouth and District Animal Welfare and Rescue Centre meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
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.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Gift aid
Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.
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 aggregate 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.
Page 7
Sidmouth and District Animal Welfare and Rescue Centre
Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.
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.
Tangible fixed assets
Individual fixed assets costing £300.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Depreciation method and rate Furniture and equipment 25% straight line Vehicles 25% straight line
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 trade 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.
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.
Page 8
Sidmouth and District Animal Welfare and Rescue Centre
Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)
Pensions and other post retirement obligations
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
2 Income from donations and legacies
| Donations and legacies; Legacies Gift aid reclaimed Grants, including capital grants; Grants from other charities Regular giving and capital donations Other income from donations and legacies Total for 2024 Total for 2023 |
Unrestricted funds General £ 59,330 8,203 8,500 41,242 1,854 119,129 98,215 |
Total funds £ 59,330 8,203 8,500 41,242 1,854 |
|---|---|---|
| 119,129 | ||
| 98,215 |
3 Expenditure on charitable activities
| Note Animal Welfare Staff costs Governance costs Total for 2024 Total for 2023 |
Unrestricted funds General £ 27,124 51,926 1,690 80,740 66,937 |
Total funds £ 27,124 51,926 1,690 |
|---|---|---|
| 80,740 | ||
| 66,937 |
Page 9
Sidmouth and District Animal Welfare and Rescue Centre
Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)
Total expenditure £
4 Analysis of governance and support costs
Governance costs
| Independent examiner fees Examination of the financial statements Legal fees Total for 2024 Total for 2023 5 Staff costs The aggregate payroll costs were as follows: Staff costs during the year were: Wages and salaries Pension costs |
Unrestricted funds General £ 1,200 490 1,690 1,584 2024 £ 51,411 515 51,926 |
Total funds £ 1,200 490 |
|---|---|---|
| 1,690 | ||
| 1,584 | ||
| 2023 £ 35,636 275 |
||
| 35,911 |
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:
| Employees No employee received emoluments of more than £60,000 during the year 6 Independent examiner's remuneration Examination of the financial statements |
2024 No 3 2024 £ 1,200 |
2023 No 3 |
|---|---|---|
| 2023 £ 1,200 |
Page 10
Sidmouth and District Animal Welfare and Rescue Centre
Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)
7 Taxation
The charity is a registered charity and is therefore exempt from taxation.
8 Tangible fixed assets
| Land and buildings £ Cost At 1 January 2024 465,116 At 31 December 2024 465,116 Depreciation At 1 January 2024 - At 31 December 2024 - Net book value At 31 December 2024 465,116 At 31 December 2023 465,116 9 Debtors Other debtors 10 Cash and cash equivalents Cash on hand Cash at bank 11 Creditors: amounts falling due within one year Other taxation and social security Other creditors Accruals |
Furniture and equipment £ 2,491 2,491 2,491 2,491 - - |
Furniture and equipment £ 2,491 2,491 2,491 2,491 - - |
Motor vehicles £ 15,418 15,418 15,418 15,418 - - 2024 £ 2,245 2024 £ - 54,084 54,084 2024 £ 1,114 1,923 1,200 4,237 |
Motor vehicles £ 15,418 15,418 15,418 15,418 - - 2024 £ 2,245 2024 £ - 54,084 54,084 2024 £ 1,114 1,923 1,200 4,237 |
Total £ 483,025 483,025 17,909 17,909 465,116 465,116 2023 £ 1,429 |
|---|---|---|---|---|---|
| 2,491 | 15,418 | ||||
| 2,491 | 15,418 | ||||
| 2,491 | 15,418 | ||||
| - | - | ||||
| - | - | ||||
| 2024 £ 2,245 2024 £ - 54,084 54,084 2024 £ 1,114 1,923 1,200 4,237 |
|||||
| 2023 £ 24 24,017 |
|||||
| 24,041 | |||||
| 2023 £ - 499 1,200 |
|||||
| 1,699 |
Page 11
Sidmouth and District Animal Welfare and Rescue Centre
Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)
12 Funds
| 12 Funds | |||
|---|---|---|---|
| Balance at 1 January 2024 £ Unrestricted funds General 488,887 Balance at 1 January 2023 £ Unrestricted funds General 468,829 13 Analysis of net assets between funds Tangible fixed assets Current assets Current liabilities Total net assets Tangible fixed assets Current assets Current liabilities Total net assets 14 Analysis of net funds Cash at bank and in hand Net debt Page |
Incoming resources £ 119,129 Incoming resources £ 98,215 12 |
Resources expended £ (90,808) Resources expended £ (78,157) Unrestricted funds General £ 465,116 56,329 (4,237) 517,208 Unrestricted funds General £ 465,116 25,470 (1,699) 488,887 At 1 January 2024 £ 24,041 24,041 |
Balance at 31 December 2024 £ 517,208 |
| Balance at 31 December 2023 £ 488,887 |
|||
| Total funds at 31 December 2024 £ 465,116 56,329 (4,237) |
|||
| 517,208 | |||
| Total funds at 31 December 2023 £ 465,116 25,470 (1,699) |
|||
| 488,887 | |||
| At 31 December 2024 £ 24,041 24,041 |
Sidmouth and District Animal Welfare and Rescue Centre
Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)
| Cash at bank and in hand Net debt 15 Related party transactions |
At 1 January 2023 £ 12,476 12,476 |
At 31 December 2023 £ 12,476 |
|---|---|---|
| 12,476 | ||
There were no related party transactions in the year.
Page 13
Sidmouth and District Animal Welfare and Rescue Centre
Statement of Financial Activities by fund for the Year Ended 31 December 2024
| Income and Endowments from: Donations and legacies Total income Expenditure on: Charitable activities Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Total Unrestricted Funds 2024 £ 119,129 119,129 (90,808) (90,808) 28,321 28,321 488,887 517,208 |
Total Unrestricted Funds 2023 £ 98,215 |
|---|---|---|
| 98,215 | ||
| (78,157) | ||
| (78,157) | ||
| 20,058 | ||
| 20,058 468,829 |
||
| 488,887 |
This page does not form part of the statutory financial statements. Page 14
Sidmouth and District Animal Welfare and Rescue Centre
Detailed Statement of Financial Activities for the Year Ended 31 December 2024
| Income and Endowments from: Donations and legacies (analysed below) Total income Expenditure on: Charitable activities (analysed below) Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Total 2024 £ 119,129 119,129 (90,808) (90,808) 28,321 28,321 488,887 517,208 |
Total 2023 £ 98,215 |
|---|---|---|
| 98,215 | ||
| (78,157) | ||
| (78,157) | ||
| 20,058 | ||
| 20,058 468,829 |
||
| 488,887 |
This page does not form part of the statutory financial statements. Page 15
Sidmouth and District Animal Welfare and Rescue Centre
Detailed Statement of Financial Activities for the Year Ended 31 December 2024 (continued)
| Donations and legacies Donations Legacies and bequests Gift Aid tax reclaimed Grants - other Other income Charitable activities Fundraising costs Wages and salaries Staff pensions (Defined contribution) - pension scheme 1 Subcontract cost Veterinary Carel Animal Care Water rates Light, heat and power Insurance Repairs and maintenance Telephone and fax Office costs Motor expenses Advertising Accountancy fees Legal, professional and payroll fees |
Total 2024 £ 41,242 59,330 8,203 8,500 1,854 119,129 792 51,411 515 8,857 9,623 2,476 419 4,803 3,868 2,453 673 1,189 1,315 724 1,200 490 90,808 |
Total 2023 £ 47,227 18,245 10,594 19,000 3,149 |
|---|---|---|
| 98,215 | ||
| 735 35,636 275 9,940 8,674 2,345 545 5,016 3,786 2,596 1,235 2,016 3,013 761 1,200 384 |
||
| 78,157 |
This page does not form part of the statutory financial statements. Page 16