THE ROMFORD GREYHOUND OWNERS ASSOCIATION
ANNUAL REPORT & ACCOUNTS
FOR THE YEAR ENDED 31st OCTOBER 2022
Registered Charity Number 0279956
EDMUND CARR LLP Chartered Accountants 146 New London Road Chelmsford Essex CM2 0AW
THE ROMFORD GREYHOUND OWNERS ASSOCIATION
YEAR ENDED 31 OCTOBER 2022
CONTENTS
----- Start of picture text -----
|||
|---|---|
|Charity information|1|
|Trustees' report|2|
|Independent Examiner's report to the Trustees|4|
|Receipts and payments|5|
|Statement of assets and liabilities|6|
----- End of picture text -----
THE ROMFORD GREYHOUND OWNERS ASSOCIATION CHARITY INFORMATION
YEAR ENDED 31 OCTOBER 2022
REFERENCE AND ADMINISTRATIVE INFORMATION
----- Start of picture text -----
|||
|---|---|
|Charity Name|The Romford Greyhound Owners Association|
|Charity Number|0279956|
|Address|Romford Greyhound Homing Kennels|
|Suffolk House Yard|
|Unit 9|
|Ashwells Road|
|Pilgrims Hatch|
|Brentwood|
|Essex|
|CM15 9SG|
|Trustees|Mrs M West|
|Mr D Hayes|
|Mr M Elks|
|Independent Examiner|Colin Barker FCA|
|Edmund Carr LLP|
|146 New London Road|
|Chelmsford|
|Essex CM2 0AW|
----- End of picture text -----
1
THE ROMFORD GREYHOUND OWNERS ASSOCIATION
TRUSTEES' REPORT
YEAR ENDED 31 OCTOBER 2022
The Trustees have pleasure in presenting their report and financial statements of the Charity for the year ended 31 October 2022.
OBJECTIVES AND ACTIVITIES
The objects of the Trust, as set out in the governing document, are to provide care and protection by means of temporary shelter and suitable homes for greyhounds whose racing life has been terminated by their age, infirmity, injury, disease or other sufficient reason and whose need for such facilities cannot be satisfied by their owners.
The Trustees confirm that the activities of the charity are undertaken to achieve the charity’s aims with regard to the public benefit guidance.
ACHIEVEMENTS AND PERFORMANCE
The global economy and in particular cost of living crisis continues to affect both fundraising efforts for the charity as well as our rehoming efforts. In these difficult times, the Charity continues to focus on the use of social media to reach our target audience as well as volunteers working hard to retain contact with the wider greyhound community. The trustees are once again thankful to our volunteers, who during the past 12 months have continued to support the Charity in any way they could and it is our volunteers who keep us going.
Our income for the 12 months ended 31 October 2022 was £76,052 compared to £79,257 for the year ended 31 October 2021 with fundraising significantly reduced compared to previous years. Our focus going forward is to use our funds wisely to retain reserves during this difficult economic environment .
FINANCIAL REVIEW
Receipts for the year ended 31 October 2022 amounted to £76,052 (2021 - £79,257). Payments in the year totalled £106,170 (2021 - £112,882). This resulted in net payments for the year of £30,118 (2021 £33,625).
Consistent with the previous year, dog welfare including vets' fees, kennel rent and rates and kennel wages were the main areas of expenditure for the charity.
2
THE ROMFORD GREYHOUND OWNERS ASSOCIATION
TRUSTEES' REPORT (continued)
YEAR ENDED 31 OCTOBER 2022
Reserves Policy
It has been the policy of the Charity to maintain cash reserves of at least £60,000 which is sufficient to cover 6 months of fixed costs for the Charity. The reserves at 31 October 2022 totalled £381,144 boosted by the legacy received during 2019. The strong reserves position at the year-end will ensure the security of the Charity for the future as well as allow the charity to increase marketing activities and pursue capital projects in the next 12 months as planned.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Trust is constituted under a Declaration of Trust dated 10[th] April 1980 and was registered as a charity on 14th May 1980.
Trustees are appointed by invite from the existing board of Trustees. A Trustee will be appointed if there is unanimous agreement of all existing Trustees. New Trustees will be given a copy of the Charity Commission's guidance for Trustees "The Essential Trustee" (CC3).
Approved by the Trustees on 5 April 2024 and signed on their behalf by:
...............................
Mary West
Trustee
3
THE ROMFORD GREYHOUND OWNERS ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
YEAR ENDED 31 OCTOBER 2022
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 October 2022 which are set out on pages 5 and 6.
Responsibilities and basis of report
As the charity’s trustees 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 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:
- accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records.
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.
...........................
Colin Barker FCA
Edmund Carr LLP 146 New London Road Chelmsford CM2 0AW
8 April 2024
4
THE ROMFORD GREYHOUND OWNERS ASSOCIATION
RECEIPTS & PAYMENTS YEAR ENDED 31 OCTOBER 2022
| RECEIPTS & PAYMENTS YEAR ENDED 31 OCTOBER 2022 |
|||
|---|---|---|---|
| £ Receipts General donations Rehoming donations Fundraising 2022 |
£ 46,893 22,482 6,677 |
£ 2021 |
£ 46,141 25,465 7,651 |
| Total Receipts Payments Dog welfare Purchases - items for dogs Wages and volunteer expenses Rent Rates, water and waste disposal Insurance Light and heat Equipment and repairs Telephone Printing, postage, & stationery Advertising Motor expenses Fundraising expenses Sundry Accountancy and examination fees Legal and professional fees Bank Charges |
76,052 35,382 3,049 30,737 10,772 6,179 2,355 2,353 2,938 982 250 299 735 178 3,613 6,264 - 84 |
79,257 48,337 4,331 32,176 10,924 1,668 1,462 1,979 2,575 2,126 145 319 1,372 254 1,164 3,480 570 - |
|
| Total Payments Net (Payments)/Receipts Cash funds brought forward |
106,170 (30,118) 411,262 |
112,882 (33,625) 444,887 |
|
| Cash funds carried forward | 381,144 | 411,262 |
All funds are unrestricted
5
THE ROMFORD GREYHOUND OWNERS ASSOCIATION
STATEMENT OF ASSETS & LIABILITIES
AS AT 31 OCTOBER 2022
----- Start of picture text -----
||||
|---|---|---|
|2022|2021|
|£|£|
|Cash funds|381,144|411,262|
----- End of picture text -----
Approved by the trustees on 5 April 2024 and signed on their behalf by:
….......................
Mary West
Trustee
6