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2024-12-31-accounts

Charity Registration No. 285745

CATS IN CARE

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

CATS IN CARE

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mrs L Alford
Mrs I J Crucefix
Mrs J Bevan
Mrs L Pickernell
Miss M Best
Mrs E Mayne
Mrs L Webb
Charity number 285745
Principal address 24 Redland Lane
Westbury
Wiltshire
United Kingdom
BA13 3QA
Independent examiner Gooding Accounts Ltd
24 Warminster Road
Westbury
Wiltshire
United Kingdom
BA13 3PE
Bankers Lloyds Bank Plc
37 Market Place
Warminster
Wiltshire
BA12 9BD
National Westminster Bank Plc
Western Avenue
Chatham Maritime
Chatham
Kent
ME4 4RT

CATS IN CARE

CONTENTS

Page
Trustees' report 1 - 2
Independent examiner's report 3
Statement of financial activities 4
Balance sheet 5
Notes to the financial statements 6 - 12

CATS IN CARE

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2024

The trustees present their annual report and financial statements for the year ended 31 December 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's constitution, the Charities Act 2011 and “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)” (as amended for accounting periods commencing from 1 January 2016)

Objectives and activities

The charity's objects are to prevent cruelty and to relieve suffering and distress of cats and kittens in need of care and attention, and there has been no change in these objects during the year.

All our residents enjoy the freedom of the house which has plenty of climbing frames, and places to hide and sleep; they also have access to outside runs where there are numerous interesting places to explore and for those who are brave enough, they can go outside to explore the extensive garden.

We hope to carry on the aims of the charity, by relieving the pain and suffering of all abandoned and unwanted cats and kittens. This we will achieve with the continued support of our members and friends.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance

Significant activities and achievements against objectives

The work at the shelter went on as usual this year, the health and well-being of our animals being upmost in out minds and we are pleased to report that we have a very happy and contented household.

Interest and support for the charity resides mainly in the Westbury/Warminster area, although membership is spread throughout the country. As you know, our only income is from the generous donations from our loyal supporters.

Financial review

As we have been lucky enough to have wonderful members, who have remembered us in their wills, we are able to carry out improvements to our property and help other worthwhile charities, as we have done in the past. During the year we have gifted £5,000 to Teckles animal sanctuary.

Reserves policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level to meet future requirements of the charity in line with its objectives. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Major risks

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

The charity is an unincorporated registered charity.

CATS IN CARE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

The trustees who served during the year and up to the date of signature of the financial statements were: Mrs L Alford

Mrs I J Crucefix Mrs J Bevan Mrs L Pickernell Miss M Best Mrs E Mayne Mrs L Webb

Organisational structure

The charity is governed by the trustees who are responsible for formulating the strategies and policies of the charity including the exercise of financial controls.

The trustees' report was approved by the Board of Trustees.

..............................

Mrs L Pickernell

Trustee

Date: .............................................

CATS IN CARE

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CATS IN CARE

I report to the trustees on my examination of the financial statements of Cats in Care (the charity) for the year ended 31 December 2024.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.

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 financial statements to be reached.

Katy Gooding Gooding Accounts Ltd

24 Warminster Road Westbury Wiltshire BA13 3PE United Kingdom

Dated: .........................

CATS IN CARE

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2024

Unrestricted Unrestricted
funds funds
2024 2023
Notes £ £
Income from:
Donations and legacies 3 8,056 23,542
Investments 4 53,869 25,323
Total income 61,925 48,865
Expenditure on:
Charitable activities 5 40,120 46,608
Total expenditure 40,120 46,608
Net gains/(losses) on investments 10 23,603 39,890
Net income and movement in funds 45,408 42,147
Reconciliation of funds:
Fund balances at 1 January 2024 1,518,298 1,476,151
Fund balances at 31 December 2024 1,563,706 1,518,298

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

CATS IN CARE

BALANCE SHEET

AS AT 31 DECEMBER 2024

Notes
Fixed assets
Tangible assets
12
Investments
13
Current assets
Debtors
15
Cash at bank and in hand
Creditors: amounts falling due within
one year
16
Net current assets
Total assets less current liabilities
Net assets
The funds of the charity
Unrestricted funds
2024
£
£
232,500
1,033,044
1,265,544
123
298,879
299,002
(840)
298,162
1,563,706
1,563,706
1,563,706
1,563,706
2023
£
£
232,500
1,009,441
1,241,941
104
277,033
277,137
(780)
276,357
1,518,298
1,518,298
1,518,298
1,518,298
2023
£
£
232,500
1,009,441
1,241,941
104
277,033
277,137
(780)
276,357
1,518,298
1,518,298
1,518,298
1,518,298
1,241,941
276,357
1,518,298
1,518,298
1,518,298
1,518,298

The financial statements were approved by the trustees on .........................

.............................. Mrs L Alford Trustee

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

CATS IN CARE

1 Accounting policies

Charity information

Cats in Care is a charity registered in England and Wales. It is governed by its constitution and rules adopted on 25th September 1982, as amended on 25th September 1996 and by scheme of the Charity Commissioners dated 19th May 2005. The principal address of the charity is given within the legal and administrative information page of these financial statements. The nature of the charity's operations and principal activities are provided in the Trustees' Report..

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's constitution, the Charities Act 2011 and “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)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The charity did not hold any restricted funds during the year or in the preceding year.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. The charity did not hold any endowment funds during the year or in the preceding year.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

CATS IN CARE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

1 Accounting policies

(Continued)

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

1.5 Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure.

Resources expended are included in the Statement of Financial Activities on an accruals basis, inclusive of VAT which can not be recovered,

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

The freehold property is shown at the valuation obtained on acquisition in 2015. No depreciation is provided on freehold property due to the charity's practice to maintain these assets in a continual state of sound repair. The trustees consider the residual value to be at a level where depreciation would be immaterial. In the absence of any depreciation charge an annual impairment review is undertaken and any permanent diminution in value is charged to the Statement of Financial Activities as appropriate.

Freehold land and buildings see above Fixtures and fittings 10% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Fixed asset investments

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

1.8 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.

1.10 Financial instruments

The charity only have financial assets and liabilities of a kind that qualify as basic financial instruments.

CATS IN CARE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

1 Accounting policies

(Continued)

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.11 Taxation

No tax is charged in these accounts due the charitable status.

1.12 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Income from donations and legacies

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Donations and gifts 8,056 23,542

CATS IN CARE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

4 Income from investments

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Income from St James Place Investments 50,790 22,384
Income from COIF fixed interest fund and bank interest 3,079 2,939
53,869 25,323

5 Charitable activities

Care of Cats Care of Cats Care of Cats Care of Cats
2024 2023
£ £
Staff costs 7,406 7,562
Direct cost - food 4,550 3,685
Direct cost - vetinary 7,239 5,717
Direct cost - shelter provision 2,046 13,982
Direct cost - cat care 1,815 1,912
Rates 3,718 3,749
Light, heat and power 473 767
Insurance - 1,203
General maintenance 1,462 1,785
Telephone 325 365
Sundry expenses 252 101
Donations 10,000 5,000
39,286 45,828
Share of governance costs (see note 7) 834 780
40,120 46,608

6 Description of charitable activities

Care of cats

The charity works to prevent the cruelty and relieve the suffering and distress of cats and kittens in need of care and attention.

CATS IN CARE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

7 Support costs allocated to activities

Support costs allocated to activities
Accountancy costs
Analysed between:
Care of cats
2024
£
834
834
2023
£
780
780

8 Trustees

During the year Joan Bevan received remuneration of £1,018 (2023- £864) and Linda Webb received remuneration of £6,388 (2023- £6,698) for charitable activities, which has been included in wages costs. Three trustees were reimbursed a total of £1,815 for travelling expenses (2023- 3 were reimbursed £1,364).

9 Employees

The average monthly number of employees during the year was:

2024 2023
Number Number
2 2
Employment costs 2024 2023
£ £
Wages and salaries 7,406 7,562

There were no employees whose annual remuneration was more than £60,000.

10 Gains and losses on investments

Unrestricted Unrestricted
funds funds
2024 2023
Gains/(losses) arising on: £ £
Revaluation of investments 23,603 39,890

11 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

CATS IN CARE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

12
Tangible fixed assets
Freehold land
and buildings
£
Cost
At 1 January 2024
232,500
At 31 December 2024
232,500
Depreciation and impairment
At 1 January 2024
-
At 31 December 2024
-
Carrying amount
At 31 December 2024
232,500
At 31 December 2023
232,500
13
Fixed asset investments
Cost or valuation
At 1 January 2024
Valuation changes
At 31 December 2024
Carrying amount
At 31 December 2024
At 31 December 2023
Investments at fair value comprise:
St James Place Unit Trust
COIF Income Shares
COIF Fixed Interest Units
Fixtures and
fittings
Total
£
£
5,189
237,689
5,189
237,689
5,189
5,189
5,189
5,189
-
232,500
-
232,500
Unlisted
investments
£
1,009,441
23,603
1,033,044
1,033,044
1,009,441
2024
2023
£
£
927,957
906,842
83,081
81,245
22,006
21,354
1,033,044
1,009,441

CATS IN CARE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

14
Financial instruments
Carrying amount of financial assets
Instruments measured at fair value through profit or loss
15
Debtors
Amounts falling due within one year:
Prepayments and accrued income
16
Creditors: amounts falling due within one year
Accruals and deferred income
2024
£
1,033,044
2024
£
123
2024
£
840
2023
£
1,009,441
2023
£
104
2023
£
780

17 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At
General funds
Previous year:
At
General funds
1 January
2024
Incoming
resources
Resources
expended
Gains and
losses
At 31
December
2024
£
£
£
£
£
1,518,298
61,925
(40,120)
23,603
1,563,706
1 January
2023
Incoming
resources
Resources
expended
Gains and
losses
At 31
December
2023
£
£
£
£
£
1,476,151
48,865
(46,608)
39,890
1,518,298

18 Related party transactions

There were no disclosable related party transactions during the year (2023 - none).