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:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- 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:
1. 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
2. the accounts do not accord with those records; or
3. 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