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2021-03-31-accounts

HAPPY LANDINGS ANIMAL RESCUE CENTRE

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2021

Structure, Governance and Management

The Charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated Charity. The Charity has revised and updated its governance document in line with legislation changes and in accordance with best practice as defined by the independent Charity Governance Code Steering Group.

Happy Landings Animal Rescue Centre is registered with the Charity Commission (No.287194) and constituted by Deed of Trust. The Trust Deed is dated 16 May 1983, varied by Supplemental Deed and Special Resolution, dated 28 June 2004. The Trust Deed has been updated for 2020 Trustee appointments

The Trust Deed provides for a minimum of four Trustees and a maximum of ten. Where there are more than four Trustees, one may retire giving two months' notice of their intention in writing.

The Founder has the power to appoint new Trustees, except where there are less than four Trustees for more than three successive months, then such powers are vested in the continuing Trustees.

The Trustees hold an annual meeting in April each year, but due to COVID restrictions the Trustees voted to postpone the AGM until October this year. Within the new code Governance changes will be considered during this meeting as well as the election of Charity officers. Each Trustee holds an equal voting right at these meetings but a minimum of three Trustees must be present and the majority vote must include the Founder unless they have elected in writing not to exercise their right.

The Trustees annually review the risks the Charity faces in connection with the delivery of its objectives.

During 2020 the Covid pandemic had a major impact on the Charity. The Charity relies on boarding income to cover a significant portion of its operating costs. This income dropped significantly during the year and a detailed assessment of operations was undertaken by the Trustees to ensure the charity’s survival.

Priority was given to ensure the welfare of animals in our care and urgent action was needed to separate the staff into two working bubbles so that a team was always present on site. All plans for 2020 were suspended. During the year Trustees made an assessment of the skills required to survive the Pandemic and ensure that the Charity was able to emerge the crisis utilising the new investments in facilities. It was deemed necessary to implement a redundancy programme which affected three members of staff. None of the staff made redundant were directly involved in the care of animals.

To replace these staff members 3 part time members were recruited with critical skills covering Finance, Volunteer management and Charity Management including fund raising. Ms Aimee Settle became interim General Manager and with the support of the rest of the staff was able to start using the new kennel on a small scale. As at the 31 March 2021, General Management is provided by Ms Carrie Lamb working on a part-time basis. It is anticipated to make this a fulltime position when the boarding activities recommence.

Objectives and Activities

The objectives of the Charity are to benefit the community by providing care, shelter, and veterinary attention for stray, abandoned, and neglected, ill-treated, suffering or unwanted horses, ponies, goats, pigs, sheep, dogs, cats, and other animals of various kinds which come into its custody, and endeavour to find suitable homes for such animals wherever practicable.

The Trustees updated the objectives in 2019 and defined that sustainability in animal care and rehoming needs to be a key aim of the Charity. This is in line with the nature of the new kennel as an eco-friendly facility. All plans were suspended at the commencement of the COVID19 Pandemic which hit the Charity at the end of February 2020. Two further lockdowns up to the 31st of March has prevented the Charity from pursuing this objective due to the lack of funds although several small steps have been achieved.

Key risks were addressed during the Pandemic because of the restructuring and the implementation of the internal risk review process was implemented in April 2020 by Caron Lane our General Manager at that time.

Volunteer Management

Through the recruitment of a professional volunteer manager, we have performed a full risk assessment of each role, implemented volunteer policies and training. We have received excellent support from volunteers and have noticed the improved contribution they provide through effective control and management.

Financial Management

Poor cost control, approval and management resulted in loss making activities in the previous financial year. This has been addressed with the recruitment of a part-time financial manager. Pricing increases were also implemented to ensure that all commercial activities were profitable.

Animal care staffing ratios

These have been improved by reviewing the ratio between staff and animals in our care. An intake strategy has been implemented that ensures we are able to provide the correct level of care per animal. Happy Landings will continue to find a solution for all animals in distress but will only accept them into our own facility if we have the staff capacity to enable a successful transition to a forever home. We will no longer maintain long term residents unless we are able to provide a high quality of life and Keeping dogs in a kennel environment long term does not meet this standard. We will however help to find other solutions, if we are unable to accept an animal by, for instance, through working with other rescues including St Giles Animal Rescue.

Euthanasia Policy

This is currently under review; however, Happy Landings will only consider this option if an animal is in pain or irreversible distress. Trustee approval will be required which will only be satisfied if all other options have been considered. The only exception will be when veterinary advice indicates that immediate action will reduce suffering. It will not be Happy Landings’ policy to euthanise an animal simply because it cannot be re-homed.

By addressing key risks and polices we have been able to satisfy the requirements of the Association of Cats and Dogs Homes. We were not meeting the basic standards up to this point and we have successfully used the Pandemic period to improve standards and improve operations.

HAPPY LANDINGS ANIMAL RESCUE CENTRE

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2021(cont’d) Achievements and Performance

Impact of Covid

Last year we reported that the Charity was identifying a significant reduction in boarding for the year and a total cancellation of Spring Half Term and Easter holiday bookings. This continued throughout the year and the Charity developed major cash flow issues. The Charity has made extensive use of Government provisions including furlough. Also, in February the Charity increased debt by successfully applying for a bounce back loan. This has ensured survival of operations during the third lockdown. Boarding activities have resumed, and we have implemented a deposit system to improve cash flow and enable us to support the boarding activity with additional staff, so as not to reduce rescue activities. However, the impact of the Pandemic is still a risk to the charity’s future.

Rehoming Statistics

Rescue and boarding work continued during the year, with re-homing success stories for many of those animals that came through our gates into our care. In this financial year we re-homed 85 animals. This was down from the previous year due to the Pandemic, but rates have picked up again since 31 March.

As always, our thanks to staff and volunteers, to supporters and sponsors, and to the adopters who provide the Happy Endings to the Happy Landings stories.

Financial Review

Finance and cash flow remains a high priority for the Trustees

While donations have increased over the year, we have seen a significant reduction in legacies. This is partly due to the delay in probate decisions due to the Pandemic as we have some legacies in the pipeline which did not emerge in the current financial year. We continue to rely on boarding revenue for our largest source of income to supplement our charitable activities. Boarding income has dropped significantly resulting in an overall reduction of cash at year end. Post Pandemic we are in a strong position to grow this activity with offering new services including grooming. We hope to develop our online shop further and find other sources of commercial sponsorship. In line with the drop in rehoming numbers cited above Pandemic impact can be seen in the decline of adoptions revenue in this year’s results.

The costs represent the dual running of the old and new Kennel over a transition period. This has resulted in several operating cost increases.

Due to the restructuring, our average headcount has increased as we have recruited more part time employees. Management of cash flow is going to be a major challenge for 2021 to 2022 and we will be dependent on some boarding income for Summer 2021. Christmas and New Year will require very tight financial management with the hope that the Skiing season returns in 2022. This is a traditional high point for boarding and with our new kennel facility in full operation this will put Happy Landings ~~will be i~~ n a strong position to gain additional income.

Cost management will also be a challenge. The new kennel is significantly larger than the old building and we anticipate increases in running costs, particularly rates and insurance expenses.

HAPPY LANDINGS ANIMAL RESCUE CENTRE TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2021 (cont’d)

Plans for 2021 to 2022

During 2021 to 2022 we anticipate an increase in rescue numbers as people return to work. We are in a much stronger position to support the expected rise, but we also plan to support other animal charities by providing rescue accommodation.

The Charity needs to review its cattery and improve facilities as they are expensive to run and maintain. The rescue cattery is also extremely hot in summer, and its roof requires constant attention. It is planned to replace the building with a new facility sometime during the year.

The Trustees and staff will also look for new sources of funding.

As last year was a period of notable change for the Charity, the coming financial year will be focussed on consolidation and securing a stronger financial future.

Public Benefit

The Charity exists to provide the benefit of care to unwanted or abused animals and, after such treatment and training as is required in each individual case, to find suitable adopters, supporting them and the animal to achieve a match beneficial to all parties. The ongoing local support (monetary and otherwise), rehoming statistics and the many letters, photos and emails received (see website) are the clearest evidence of the Charity’s success. Further, Happy Landings aims to provide education and practical skills and training to the public to reduce the circumstances that lead to animal distress and increase the potential pleasure of companionship between animals and humans.

Charity Number:

287194

Happy Landings Animal Rescue Centre

Report of the trustees and unaudited financial statements for the Year ended 31st March 2021

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

CONTENTS PAGE
Legal and Administrative Details 3
Examiners’ Report 4-5
Report of the Trustees 6-11
Statement of Financial Activities 12
Balance Sheet 13
Statement of Cash flows 14
Notes to the Financial Statements 15-19
Detailed Statement of Financial Activities 20-21
(does not form part of the statutory financial statements)

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

CHARITY NUMBER 287194
PRINCIPAL ADDRESS Pye Hill
Pylle
Somerset
BA4 6TG
TRUSTEES Mark Saunders (resigned 31/07/2021)
Annabelle Walter
Jarrod Henderson (resigned 17/11/2020)
Anthony Barnes
Tricia Matthews
Nina Harris
Clare Chapman (appointed 17/11/2020)
David Sargent
Karen Watkins
Adam Lee (appointed 27/05/2021)
Nicola Bulbeck
INDEPENDENT EXAMINER Mr J L Battle FCCA MAAT
12 Spencer Drive
Midsomer Norton
Radstock
BA3 2DN
SOLICITORS Messrs Bartlett, Gooding & Weelen
65 High Street
Shepton Mallet
Somerset

Page 3

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

INDEPENDENT EXAMINERS REPORT

I report on the accounts of Happy Landings Animal Rescue Centre for the year ended 31st March 2021, which are set out on pages 6 to 21.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

(a ) examine the accounts under section 145 of the 2011 Act;

(b ) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and

(c ) to state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

(a )to keep accounting records in accordance with section 130 of the 2011 Act; and

(b )to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or

Page 4

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Mr J L Battle FCCA MAAT 12 Spencer Drive Midsomer Norton Bath BA3 2DN Date: 02 November 2021

Page 5

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

Report of the Trustees

Structure, Governance and Management

The Charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated Charity. The Charity has revised and updated its governance document in line with legislation changes and in accordance with best practice as defined by the independent Charity Governance Code Steering Group.

Happy Landings Animal Rescue Centre is registered with the Charity Commission (No.287194) and constituted by Deed of Trust. The Trust Deed is dated 16 May 1983, varied by Supplemental Deed and Special Resolution, dated 28 June 2004. The Trust Deed has been updated for 2020 Trustee appointments

The Trust Deed provides for a minimum of four Trustees and a maximum of ten. Where there are more than four Trustees, one may retire giving two months’ notice of their intention in writing.

The Founder has the power to appoint new Trustees, except where there are less than four Trustees for more than three successive months, then such powers are vested in the continuing Trustees.

The Trustees hold an annual meeting in April each year, but due to COVID restrictions the Trustees voted to postpone the AGM until October this year. Within the new code Governance changes will be considered during this meeting as well as the election of Charity officers. Each Trustee holds an equal voting right at these meetings but a minimum of three Trustees must be present and the majority vote must include the Founder, unless they have elected in writing not to exercise their right.

The Trustees annually review the risks the Charity faces in connection with the delivery of its objectives.

During 2020 the Covid pandemic had a major impact on the Charity. The Charity relies on boarding income to cover a significant portion of its operating costs. This income dropped significantly during the year and a detailed assessment of operations was undertaken by the Trustees in order to ensure the charity’s survival. Priority was given to ensure the welfare of animals in our care and urgent action was needed to separate the staff into two working bubbles so that a team was always present on site. All plans for 2020 were suspended. During the year Trustees made an assessment of the skills required to survive the Pandemic and ensure that the Charity was able to emerge from the crisis utilising the new investments in facilities. It was deemed necessary to implement a redundancy programme which affected three members of staff. None of the staff made redundant were directly involved in the care of animals.

To replace these staff members 3 part time members were recruited with critical skills covering Finance, Volunteer management and Charity Management including fund raising. Ms Aimee Settle became interim General Manager and with the support of the rest of the staff was able to start using the new kennel on a small scale. As at the 31 March, General Management is provided by Ms Carrie Lamb working on a parttime basis. It is anticipated to make this a fulltime position when the boarding activities recommence.

Page 6

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

Report of the Trustees (continued)

Objectives and Activities

The objectives of the Charity are to benefit the community by providing care, shelter and veterinary attention for stray, abandoned and neglected, ill-treated, suffering or unwanted horses, ponies, goats, pigs, sheep, dogs, cats and other animals of various kinds which come into its custody, and endeavour to find suitable homes for such animals wherever practicable.

The Trustees updated the objectives in 2019 and defined that sustainability in animal care and rehoming needs to be a key aim of the Charity. This is in line with the nature of the new kennel as an eco-friendly facility. All plans were suspended at the commencement of the COVID19 Pandemic which hit the Charity at the end of February 2020. Two further lockdowns up to the 31st March 2021 have prevented the Charity from pursuing this objective due to the lack of funds, although a number of small steps have been achieved.

During 2019 the trustees continued to finalise the new kennel. As part of our strategy to make the operations of the charity more sustainable a significant amount of work was performed during the last quarter of the year to find partners to supply sustainable products for the new kennel operation.

An arrangement with Danish Design to utilise the Happy Landings brand for their beds using III. recycled material also generates an income.

Key risks were addressed during the Pandemic as a result of the restructuring and the implementation of the internal risk review process in April 2020 by Caron Lane, our General Manager at that time.

Volunteer Management

Through the recruitment of a professional volunteer manager we have performed a full risk assessment of each role, implemented volunteer policies and training. We have received excellent support from volunteers and have noticed the improved contribution they provide through effective control and management.

Financial Management

Changes relating to the implementation of the minimum wage and workplace pension were never fully reflected into the pricing of the charity’s boarding activities resulting in some loss-making activities in the previous financial year. The trustees also identified that improvements in cost control were necessary. This has been addressed with the recruitment of a part-time financial manager. Pricing increases were also implemented to ensure that all commercial activities are profitable.

Page 7

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

Report of the Trustees (continued)

Animal care staffing ratios

These have been improved by reviewing the ratio between staff and animals in our care. An intake strategy has been implemented that ensures we are able to provide the correct level of care per animal. Happy Landings will continue to find a solution for all animals in distress but will only accept them into our own facility if we have the staff capacity to enable a successful transition to a forever home. We will no longer maintain long term residents unless we are able to provide a high quality of life - keeping dogs in a kennel environment long term does not meet this standard. We will however help to find other solutions, if we are unable to accept an animal by, for instance, working with other rescues including St Giles Animal Rescue.

Euthanasia Policy

This is currently under review. However, Happy Landings will only consider this option if an animal is in pain or irreversible distress. Trustee approval will be required which will only be satisfied if all other options have been considered. The only exception will be when veterinary advice indicates that immediate action will reduce suffering. It will not be Happy Landings’ policy to euthanise an animal simply because it cannot be re-homed.

By addressing key risks and polices we have been able to satisfy the requirements of the Association of Cats and Dogs Homes.

Achievements and Performance

Impact of COVID-19

Last year we reported that the Charity was identifying a significant reduction in boarding for the year and a total cancellation of Spring Half Term and Easter holiday bookings. This continued throughout the year and the Charity developed major cash flow issues. The Charity has made extensive use of Government provisions including furlough. Also, in February 2021 the Charity increased debt by successfully applying for a bounce back loan. This has ensured survival of operations during the third lockdown. Boarding activities have resumed and we have implemented a deposit system to improve cash flow and to enable us to support the boarding activity with additional staff, so as not to reduce rescue activities. However, the impact of the Pandemic is still a risk to the charity’s future.

Rehoming Statistics

Rescue and boarding work continued during the year, with re-homing success stories for many of those animals that came through our gates into our care. In this financial year we re-homed 85 animals. This was down from the previous year due to the Pandemic, but rates have picked up again since 31 March.

As always, our thanks to staff and volunteers, to supporters and sponsors, and to the adopters who provide the Happy Endings to the Happy Landings stories.

Page 8

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

Report of the Trustees (continued)

Financial Review

Finance and cash flow remains a high priority for the Trustees.

While donations have increased over the year, we have seen a significant reduction in legacies. This is partly due to the delay in probate decisions due to the Pandemic as we have some legacies in the pipeline which did not emerge during the financial year under review. We continue to rely on boarding revenue for our largest source of income to supplement our charitable activities. Boarding income has dropped significantly resulting in an overall reduction of cash at year end. Post Pandemic we are in a strong position to grow this activity by offering new services including grooming. We hope to develop our online shop further and find other sources of commercial sponsorship. In line with the drop in rehoming numbers cited above Pandemic impact can be seen in the decline of adoptions revenue in this year’s results.

The costs represent the dual running of the old and new kennels over a transition period. This has resulted in an increase in operating costs which will decrease now that the old kennel has been taken out of use.

Due to the restructuring, our average employee headcount has increased as we have recruited more part time employees. Management of cash flow is going to be a major challenge for 2021 to 2022 and we will be dependent on some boarding income for Summer 2021. Christmas and New Year will require very tight financial management with the hope that the Skiing season returns in 2022. This is a traditional high point for boarding and with our new kennel facility in full operation this will put Happy Landings in a strong position to gain additional income.

Cost management will also be a challenge. The new kennel is significantly larger than the old building and we anticipate increases in running costs, particularly rates and insurance expenses.

Plans for 2021 to 2022

During 2021 to 2022 we anticipate an increase in rescue numbers as people return to work. We are in a much stronger position to support the expected rise, but we also plan to support other animal charities by providing rescue accommodation.

The Charity needs to review its cattery and improve facilities as they are expensive to run and maintain. The rescue cattery is also very hot in summer, and its roof requires constant attention. It is planned to replace the building with a new facility sometime during the year.

The Trustees and staff will also look for new sources of funding to support its sustainability strategy, including support from industry. Maximising the income from our 5-star kennel will also help with funding with the objective of doubling the number of Dogs rescued. A closure of a major local animal welfare facility has resulted in a significant reduction in local rescue capacity. A local need to fill this capacity gap is required and with the completion of our new facility we aim to help resolve this issue.

As last year was a period of significant change for the Charity, the coming year will be focussed on consolidation and securing a stronger financial future.

Page 9

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

Report of the Trustees (continued)

Public Benefit

The Charity exists to provide the benefit of care to unwanted or abused animals and, after such treatment and training as is required in each individual case, to find suitable adopters, supporting them and the animal to achieve a match beneficial to all parties. The ongoing local support (monetary and otherwise), rehoming statistics and the many letters, photos and emails received (see website) are the clearest evidence of the Charity’s success. Further, Happy Landings aims to provide education and practical skills and training to the public in an effort to reduce the circumstances that lead to animal distress and increase the potential pleasure of companionship between animals and humans.

In looking to the future, the combination of a significant rise in pet ownership and the impact of a weaker economy are key issues that results in an increase in rejected pets that end up in rescue centres. Like other recue centres Happy Landings is anticipating a significant increase in demand for its services during 2021.

Pet ownership has become a major environmental focus. The refuge is determined to reduce its Co2 emissions from pets and utilize products that are produced within carbon neutral facilities or by produces that utilize a recognized offset programme. Pet food is a major issue, and the charity will trial food from carbon neutral providers during 2021 and avoid food containing beef or dairy products. As the focus increases this may result in changes in people’s attitude to keeping pets. The charity must adapt to this environmental need and adopt a leadership role in presenting a case for sustainable pet ownership by example.

Reserve Policy

The charity looks to have in general reserves sufficient funds to meet the costs of any emergency such as a building repair outside of insurance cover, and to pay staff redundancies/other debts if circumstances required closure. The income from boarding fluctuates seasonally but bookings are made sufficiently in advance that a 3-month informal review is considered adequate to monitor risk levels. The Managers and Treasurer carry out this informal review, and alert the Trustees to any concerns that arise.

A principle established by the Founder is that in the event of Happy Landings viability to continue failing, donations for specific purposes would be passed back to donors. The tangible resources would be sold, and the sums raised added to any funds held at the bank. After all matters of credit and debt are dealt with, the remainder would be passed on to such other animal welfare organisation(s) considered by the trustees to be best placed to meet the aims of Happy Landings and provide a continuing benefit to the community which has supported us over the years

Page 10

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

Report of the Trustees (continued)

Investment Policy

The charity looks to have in general reserves sufficient funds to meet the costs of any emergency such as a building repair outside of insurance cover, and to pay staff redundancies/other debts if circumstances required closure. The income from boarding fluctuates seasonally but bookings are made sufficiently in advance that a 3-month informal review is considered adequate to monitor risk levels. The Managers and Treasurer carry out this informal review and alert the Trustees to any concerns that arise.

Cash generated from operations has been held in bank deposits.

ON BEHALF OF THE BOARD:

Trustee: Ms Nicola Bulbeck Interim Chair Date: 02 November 2021

Page 11

Happy Landings Animal Rescue Centre

STATEMENT OF FINANCIAL ACTIVITIES Year ended 31st March 2021

Note
Incoming Resources
Donations & Legacies
1
Charitable Activities
Boarding Income
Adoptions Income
Other Income
Other Trading Activities
Raffles/Fundraising
Investment Income
2
Total Incoming Resources
Resources Expended
Boarding activities
Charitable activities
Governance costs
3
Total Resources Expended
Net (outgoing)/incoming resources
Total funds brought forward
Balance transfers
Total funds carried forward
Unrestricted
Funds
2021
£
185,273
16,290
7,901
-
862
23
Restricted
Funds
2021
£
-
-
-
21,529
-
-
Total
Funds
2021
£
185,273
16,290
7,901
21,529
862
23
Total Funds
2020
£
345,630
64,965
25,200
-
981
191
210,349 21,529 231,878 436,968
62,912
144,200
23,281
6,459
12,917
2,153
69,370
157,117
25,434
60,720
142,302
21,997
230,393 21,529 251,922 225,019
(20,043)
210,065
(22,633)
-
927,817
22,633
(20,043)
1,137,882
-
211,949
925,932
-
167,388 950,450 1,117,838 1,137,882

The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.

Page 12

Happy Landings Animal Rescue Centre

BALANCE SHEET

As at 31st March 2021

As at 31st March 2021
Note
FIXED ASSETS
Tangible Assets
6
Investments
CURRENT ASSETS
Debtors
7
Cash at Bank
CREDITORS
Amounts falling due within one year
8
NET CURRENT ASSETS
CREDITORS
Amounts falling due after one year
9
NET ASSETS
FUNDS
10
Unrestricted Funds
Restricted Funds
TOTAL FUNDS
2021
£
1,249,656
6,340
2020
£
1,227,536
6,340
1,255,996
5,722
101,856
1,233,876
23,070
86,984
107,578
(31,987)
110,054
(29,837)
75,591
(213,749)
80,217
(176,213)
1,117,838 1,137,881
167,388
950,450
210,065
927,816
1,117,838 1,137,881

The financial statements were approved by the Board of Trustees:

and were signed on its behalf by:

…………………………………………..

Ms Nicola Bulbeck Interim Chair

02 November 2021

Page 13

Happy Landings Animal Rescue Centre

STATEMENT OF CASHFLOWS

For the year ended 31st March 2021

Note
Cash Used in Operating Activities
11
Cash Flows from financing activities:
Bounceback Loan proceeds
Mortgage Capital repaid
Cash Flows from investing activities:
Investments in assets under construction
Change in cash & cash equivalents in the year
Cash & cash equivalents at the beginning of the year
Cash & cash equivalents at the end of the year
2021
2020
£
£
(7,494)
159,315
50,000
185,000
(5,000)
-
(22,634)
(369,870)
14,872
(25,555)
86,984
112,539
101,856
86,984

Page 14

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2021

ACCOUNTING POLICIES

The financial statements have been prepared in accordance with 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 (FRS102) (effective 1 January 2015) – (Charities SORP (FRS 102)) and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

The principal accounting policies adopted in the preparation of the financial statements are as follows:

Income from donations and grants, including capital grants, is included in incoming resources when these are receivable, except as follows:

• When donors impose conditions, which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred and not included in incoming resources until the preconditions for use have been met

• When donors specify that donations and grants, including capital grants, are for particular restricted purposes, which do not amount to preconditions regarding entitlements, this income is included in incoming resources of restricted funds when receivable.

Resources Expended

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

Allocation and Apportionment of Costs

The total support costs have been allocated on the basis of 60% to charitable activities, 30% to boarding costs and 10% to Business management/administration activities.

Tangible Fixed Assets

Depreciation is calculated so as to write off the cost of fixed assets over the expected useful economic lives of the assets. The principal annual rates used for this purpose are:

Freehold Land and Buildings Nil
Plant and Machinery 10% reducing balance
Computer Equipment 20% straight line
Motor Vehicle and Horse Box 25% reducing balance

Page 15

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2021

Taxation

The charity is exempt from tax on its charitable activities.

Fund Accounting

Funds held by the Charity are either:

• Restricted – these are funds that can only be used for particular restricted purposes within the objects of the charity. They are incoming resources on which the donor has laid down conditions relating to the expenditure thereon or when the funds are specifically raised for particular restricted purposes

1. DONATIONS & LEGACIES

Donations
Income from Trusts
Legacies
2.INVESTMENT INCOME
Interest Received
Dividends Received
3.GOVERNANCE COSTS
Accountancy
Legal and Professional Fees
Support Costs
Unrestricted
Restricted
Total
Total
2021
2021
2021
2020
£
£
£
£
148,585
-
148,585
76,297
4,250
-
4,250
5,750
32,438
-
32,438
263,584
Unrestricted
Restricted
Total
Total
2021
2021
2021
2020
£
£
£
£
148,585
-
148,585
76,297
4,250
-
4,250
5,750
32,438
-
32,438
263,584
185,273
-

185,273
345,630
2021
2020
£
£
23
104
-
87
23
191
Total
Total
2021
2020
£
£
1,728
1,844
689
682
23,017
19,471
25,434
21,997

Page 16

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2021

4. TRUSTEES REMUNERATION AND RELATED PARTY TRANSACTIONS

The Trustees did not receive any reimbursed expenditure during the year (2020 - £Nil). No Trustee or other person related to the Charity had any personal interest in any contract or transaction entered into by the Charity during the year (2020 - £Nil).

5. STAFF COSTS

Salaries and Wages
Employers National Insurance
Pension
Average number of FTE employees in the year
2021
2020
£
£
161,759
144,013
4,205
3,481
2,285
1,916
168,248
149,410
12
11

6. TANGIBLE FIXED ASSETS

Cost
As at 1stApril 2020
Additions
As at 31stMarch 2021
Depreciation
As at 1stApril 2020
Charge for the period
As at 31stMarch 2021
Net Book Value
As at 31stMarch 2021
As at 31stMarch 2020
Property
Assets under
construction
Plant and
Machinery
Total
£
£
£
£
294,585
927,816
30,079
1,252,480
-
22,634
-
22,634
294,585
950,450
30,079
1,275,113
-
-
24,944
24,944
-
-
514
514
-
-
25,458
25,458
294,585
950,450
4,621
1,249,656
294,585
927,816
5,135
1,227,536

Page 17

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2021

7.DEBTORS
2021 2020
£ £
Prepayments - 1,470
Trade debtors 2,136 -
VAT Repayable 3,586 21,601
Total 5,722 23,070
8.CREDITORS – Amounts falling due within one year
2021 2020
£ £
Trade creditors 9,425 16,289
PAYE 5,894 4,403
Accruals 417 357
Mortgage & bank loan 16,250 8,787
31,987 29,837
9.CREDITORS – Amounts falling due after one year
Mortgage & bank loan 213,749 176,213
213,749 176,213
10. FUNDS
Balance at 1st
April 2020
Incoming Outgoing Transfers Balance at
31st March
2021
£ £ £ £ £
Unrestricted funds
General fund 210,065 210,349 (230,393) (22,633) 167,389
Restricted funds
BARK Appeal/Kennels 927,817 - - 22,633 950,450
HMRC CJRS Scheme - 21,529 (21,529) - -
927,817 21,529 (21,529) 22,633 950,450

Page 18

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2021

11.RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES 11.RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES 11.RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES
2021 2020
£ £
Net (outgoing)/incoming resources (20,043) 211,949
Adjustments for:
Depreciation 514 571
(Increase)/decrease in debtors 17,348 5,058
Increase/(decrease) in creditors (5,313) (58,263)
Net Cash used in operating activities (7,494) 159,315

Page 19

Happy Landings Animal Rescue Centre

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31st March 2021

Incoming Resources
Donations & Legacies
Donations
Trust Income
Legacies
Charitable Activities
Boarding Income
Adoptions Income
CJRS Grants
Investment Income
Other Trading Activities
Raffles/Fundraising
Total Incoming Resources
Expenditure On:
Boarding Activities
Printing & Stationery
Advertising
Support Costs
Charitable Activities
Animal Sundries & Cleaning
Animal Feed & Bedding
Animal Equipment
Vet Expenses
Support Costs
Unrestricted
Funds
2021
£
148,585
4,250
32,438
16,290
7,901
-
23
862
Restricted
Funds
2021
£
-
-
-
-
-
21,529
-
-
Total
Funds
2021
£
148,585
4,250
32,438
16,290
7,901
21,529
23
862
Total
Funds
2020
£
76,297
5,750
263,584
64,965
25,200
-
191
981
210,349 21,529 231,878 436,968
-
320
62,591
1,237
1,124
-
16,656
125,183
-
-
6,459
-
-
-
-
12,917
-
320
69,050
1,237
1,124
-
16,656
138,100
689
1,618
58,413
2,891
1,696
202
20,687
116,826

Page 20

Happy Landings Animal Rescue Centre

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31st March 2021

Business Management/Administration
Accountancy
Legal & Professional Fees
Support Costs
Support Costs
Wages
Rates & Water
Insurance
Interest
Light & Heat
Telephone
Postage, Stationery & Printing
Repairs & Maintenance
Sundries
Website
Travel & Vehicle Costs
Depreciation
Allocation of Support Costs
Total Resources Expended
Net deficit/surplus
Unrestricted
Funds
2021
£
1,728
689
20,864
146,719
6,771
13,281
2,180
11,962
1,356
477
21,693
488
1,021
2,177
514
(208,638)
Restricted
Funds
2021
£
-
-
2,153
21,529
-
-
-
-
-
-
-
-
-
-
-
(21,529)
Total
Funds
2021
£
1,728
689
23,017
168,248
6,771
13,281
2,180
11,962
1,356
477
21,693
488
1,021
2,177
514
(230,167)
Total
Funds
2020
£
1,844
682
19,471
149,410
1,840
5,200
3,639
9,748
1,538
2,309
14,227
2,752
144
3,333
571
(194,710)
230,393 21,529 251,922 225,019
(20,043) - (20,043) 211,949

Page 21

Charity Number:

287194

Happy Landings Animal Rescue Centre

Report of the trustees and unaudited financial statements for the Year ended 31st March 2021

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

CONTENTS PAGE
Legal and Administrative Details 3
Examiners’ Report 4-5
Report of the Trustees 6-11
Statement of Financial Activities 12
Balance Sheet 13
Statement of Cash flows 14
Notes to the Financial Statements 15-19
Detailed Statement of Financial Activities 20-21
(does not form part of the statutory financial statements)

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

CHARITY NUMBER 287194
PRINCIPAL ADDRESS Pye Hill
Pylle
Somerset
BA4 6TG
TRUSTEES Mark Saunders (resigned 31/07/2021)
Annabelle Walter
Jarrod Henderson (resigned 17/11/2020)
Anthony Barnes
Tricia Matthews
Nina Harris
Clare Chapman (appointed 17/11/2020)
David Sargent
Karen Watkins
Adam Lee (appointed 27/05/2021)
Nicola Bulbeck
INDEPENDENT EXAMINER Mr J L Battle FCCA MAAT
12 Spencer Drive
Midsomer Norton
Radstock
BA3 2DN
SOLICITORS Messrs Bartlett, Gooding & Weelen
65 High Street
Shepton Mallet
Somerset

Page 3

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

INDEPENDENT EXAMINERS REPORT

I report on the accounts of Happy Landings Animal Rescue Centre for the year ended 31st March 2021, which are set out on pages 6 to 21.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

(a ) examine the accounts under section 145 of the 2011 Act;

(b ) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and

(c ) to state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

(a )to keep accounting records in accordance with section 130 of the 2011 Act; and

(b )to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or

Page 4

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Mr J L Battle FCCA MAAT 12 Spencer Drive Midsomer Norton Bath BA3 2DN Date: 02 November 2021

Page 5

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

Report of the Trustees

Structure, Governance and Management

The Charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated Charity. The Charity has revised and updated its governance document in line with legislation changes and in accordance with best practice as defined by the independent Charity Governance Code Steering Group.

Happy Landings Animal Rescue Centre is registered with the Charity Commission (No.287194) and constituted by Deed of Trust. The Trust Deed is dated 16 May 1983, varied by Supplemental Deed and Special Resolution, dated 28 June 2004. The Trust Deed has been updated for 2020 Trustee appointments

The Trust Deed provides for a minimum of four Trustees and a maximum of ten. Where there are more than four Trustees, one may retire giving two months’ notice of their intention in writing.

The Founder has the power to appoint new Trustees, except where there are less than four Trustees for more than three successive months, then such powers are vested in the continuing Trustees.

The Trustees hold an annual meeting in April each year, but due to COVID restrictions the Trustees voted to postpone the AGM until October this year. Within the new code Governance changes will be considered during this meeting as well as the election of Charity officers. Each Trustee holds an equal voting right at these meetings but a minimum of three Trustees must be present and the majority vote must include the Founder, unless they have elected in writing not to exercise their right.

The Trustees annually review the risks the Charity faces in connection with the delivery of its objectives.

During 2020 the Covid pandemic had a major impact on the Charity. The Charity relies on boarding income to cover a significant portion of its operating costs. This income dropped significantly during the year and a detailed assessment of operations was undertaken by the Trustees in order to ensure the charity’s survival. Priority was given to ensure the welfare of animals in our care and urgent action was needed to separate the staff into two working bubbles so that a team was always present on site. All plans for 2020 were suspended. During the year Trustees made an assessment of the skills required to survive the Pandemic and ensure that the Charity was able to emerge from the crisis utilising the new investments in facilities. It was deemed necessary to implement a redundancy programme which affected three members of staff. None of the staff made redundant were directly involved in the care of animals.

To replace these staff members 3 part time members were recruited with critical skills covering Finance, Volunteer management and Charity Management including fund raising. Ms Aimee Settle became interim General Manager and with the support of the rest of the staff was able to start using the new kennel on a small scale. As at the 31 March, General Management is provided by Ms Carrie Lamb working on a parttime basis. It is anticipated to make this a fulltime position when the boarding activities recommence.

Page 6

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

Report of the Trustees (continued)

Objectives and Activities

The objectives of the Charity are to benefit the community by providing care, shelter and veterinary attention for stray, abandoned and neglected, ill-treated, suffering or unwanted horses, ponies, goats, pigs, sheep, dogs, cats and other animals of various kinds which come into its custody, and endeavour to find suitable homes for such animals wherever practicable.

The Trustees updated the objectives in 2019 and defined that sustainability in animal care and rehoming needs to be a key aim of the Charity. This is in line with the nature of the new kennel as an eco-friendly facility. All plans were suspended at the commencement of the COVID19 Pandemic which hit the Charity at the end of February 2020. Two further lockdowns up to the 31st March 2021 have prevented the Charity from pursuing this objective due to the lack of funds, although a number of small steps have been achieved.

During 2019 the trustees continued to finalise the new kennel. As part of our strategy to make the operations of the charity more sustainable a significant amount of work was performed during the last quarter of the year to find partners to supply sustainable products for the new kennel operation.

An arrangement with Danish Design to utilise the Happy Landings brand for their beds using III. recycled material also generates an income.

Key risks were addressed during the Pandemic as a result of the restructuring and the implementation of the internal risk review process in April 2020 by Caron Lane, our General Manager at that time.

Volunteer Management

Through the recruitment of a professional volunteer manager we have performed a full risk assessment of each role, implemented volunteer policies and training. We have received excellent support from volunteers and have noticed the improved contribution they provide through effective control and management.

Financial Management

Changes relating to the implementation of the minimum wage and workplace pension were never fully reflected into the pricing of the charity’s boarding activities resulting in some loss-making activities in the previous financial year. The trustees also identified that improvements in cost control were necessary. This has been addressed with the recruitment of a part-time financial manager. Pricing increases were also implemented to ensure that all commercial activities are profitable.

Page 7

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

Report of the Trustees (continued)

Animal care staffing ratios

These have been improved by reviewing the ratio between staff and animals in our care. An intake strategy has been implemented that ensures we are able to provide the correct level of care per animal. Happy Landings will continue to find a solution for all animals in distress but will only accept them into our own facility if we have the staff capacity to enable a successful transition to a forever home. We will no longer maintain long term residents unless we are able to provide a high quality of life - keeping dogs in a kennel environment long term does not meet this standard. We will however help to find other solutions, if we are unable to accept an animal by, for instance, working with other rescues including St Giles Animal Rescue.

Euthanasia Policy

This is currently under review. However, Happy Landings will only consider this option if an animal is in pain or irreversible distress. Trustee approval will be required which will only be satisfied if all other options have been considered. The only exception will be when veterinary advice indicates that immediate action will reduce suffering. It will not be Happy Landings’ policy to euthanise an animal simply because it cannot be re-homed.

By addressing key risks and polices we have been able to satisfy the requirements of the Association of Cats and Dogs Homes.

Achievements and Performance

Impact of COVID-19

Last year we reported that the Charity was identifying a significant reduction in boarding for the year and a total cancellation of Spring Half Term and Easter holiday bookings. This continued throughout the year and the Charity developed major cash flow issues. The Charity has made extensive use of Government provisions including furlough. Also, in February 2021 the Charity increased debt by successfully applying for a bounce back loan. This has ensured survival of operations during the third lockdown. Boarding activities have resumed and we have implemented a deposit system to improve cash flow and to enable us to support the boarding activity with additional staff, so as not to reduce rescue activities. However, the impact of the Pandemic is still a risk to the charity’s future.

Rehoming Statistics

Rescue and boarding work continued during the year, with re-homing success stories for many of those animals that came through our gates into our care. In this financial year we re-homed 85 animals. This was down from the previous year due to the Pandemic, but rates have picked up again since 31 March.

As always, our thanks to staff and volunteers, to supporters and sponsors, and to the adopters who provide the Happy Endings to the Happy Landings stories.

Page 8

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

Report of the Trustees (continued)

Financial Review

Finance and cash flow remains a high priority for the Trustees.

While donations have increased over the year, we have seen a significant reduction in legacies. This is partly due to the delay in probate decisions due to the Pandemic as we have some legacies in the pipeline which did not emerge during the financial year under review. We continue to rely on boarding revenue for our largest source of income to supplement our charitable activities. Boarding income has dropped significantly resulting in an overall reduction of cash at year end. Post Pandemic we are in a strong position to grow this activity by offering new services including grooming. We hope to develop our online shop further and find other sources of commercial sponsorship. In line with the drop in rehoming numbers cited above Pandemic impact can be seen in the decline of adoptions revenue in this year’s results.

The costs represent the dual running of the old and new kennels over a transition period. This has resulted in an increase in operating costs which will decrease now that the old kennel has been taken out of use.

Due to the restructuring, our average employee headcount has increased as we have recruited more part time employees. Management of cash flow is going to be a major challenge for 2021 to 2022 and we will be dependent on some boarding income for Summer 2021. Christmas and New Year will require very tight financial management with the hope that the Skiing season returns in 2022. This is a traditional high point for boarding and with our new kennel facility in full operation this will put Happy Landings in a strong position to gain additional income.

Cost management will also be a challenge. The new kennel is significantly larger than the old building and we anticipate increases in running costs, particularly rates and insurance expenses.

Plans for 2021 to 2022

During 2021 to 2022 we anticipate an increase in rescue numbers as people return to work. We are in a much stronger position to support the expected rise, but we also plan to support other animal charities by providing rescue accommodation.

The Charity needs to review its cattery and improve facilities as they are expensive to run and maintain. The rescue cattery is also very hot in summer, and its roof requires constant attention. It is planned to replace the building with a new facility sometime during the year.

The Trustees and staff will also look for new sources of funding to support its sustainability strategy, including support from industry. Maximising the income from our 5-star kennel will also help with funding with the objective of doubling the number of Dogs rescued. A closure of a major local animal welfare facility has resulted in a significant reduction in local rescue capacity. A local need to fill this capacity gap is required and with the completion of our new facility we aim to help resolve this issue.

As last year was a period of significant change for the Charity, the coming year will be focussed on consolidation and securing a stronger financial future.

Page 9

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

Report of the Trustees (continued)

Public Benefit

The Charity exists to provide the benefit of care to unwanted or abused animals and, after such treatment and training as is required in each individual case, to find suitable adopters, supporting them and the animal to achieve a match beneficial to all parties. The ongoing local support (monetary and otherwise), rehoming statistics and the many letters, photos and emails received (see website) are the clearest evidence of the Charity’s success. Further, Happy Landings aims to provide education and practical skills and training to the public in an effort to reduce the circumstances that lead to animal distress and increase the potential pleasure of companionship between animals and humans.

In looking to the future, the combination of a significant rise in pet ownership and the impact of a weaker economy are key issues that results in an increase in rejected pets that end up in rescue centres. Like other recue centres Happy Landings is anticipating a significant increase in demand for its services during 2021.

Pet ownership has become a major environmental focus. The refuge is determined to reduce its Co2 emissions from pets and utilize products that are produced within carbon neutral facilities or by produces that utilize a recognized offset programme. Pet food is a major issue, and the charity will trial food from carbon neutral providers during 2021 and avoid food containing beef or dairy products. As the focus increases this may result in changes in people’s attitude to keeping pets. The charity must adapt to this environmental need and adopt a leadership role in presenting a case for sustainable pet ownership by example.

Reserve Policy

The charity looks to have in general reserves sufficient funds to meet the costs of any emergency such as a building repair outside of insurance cover, and to pay staff redundancies/other debts if circumstances required closure. The income from boarding fluctuates seasonally but bookings are made sufficiently in advance that a 3-month informal review is considered adequate to monitor risk levels. The Managers and Treasurer carry out this informal review, and alert the Trustees to any concerns that arise.

A principle established by the Founder is that in the event of Happy Landings viability to continue failing, donations for specific purposes would be passed back to donors. The tangible resources would be sold, and the sums raised added to any funds held at the bank. After all matters of credit and debt are dealt with, the remainder would be passed on to such other animal welfare organisation(s) considered by the trustees to be best placed to meet the aims of Happy Landings and provide a continuing benefit to the community which has supported us over the years

Page 10

Happy Landings Animal Rescue Centre

Year ended 31st March 2021

Report of the Trustees (continued)

Investment Policy

The charity looks to have in general reserves sufficient funds to meet the costs of any emergency such as a building repair outside of insurance cover, and to pay staff redundancies/other debts if circumstances required closure. The income from boarding fluctuates seasonally but bookings are made sufficiently in advance that a 3-month informal review is considered adequate to monitor risk levels. The Managers and Treasurer carry out this informal review and alert the Trustees to any concerns that arise.

Cash generated from operations has been held in bank deposits.

ON BEHALF OF THE BOARD:

Trustee: Ms Nicola Bulbeck Interim Chair Date: 02 November 2021

Page 11

Happy Landings Animal Rescue Centre

STATEMENT OF FINANCIAL ACTIVITIES Year ended 31st March 2021

Note
Incoming Resources
Donations & Legacies
1
Charitable Activities
Boarding Income
Adoptions Income
Other Income
Other Trading Activities
Raffles/Fundraising
Investment Income
2
Total Incoming Resources
Resources Expended
Boarding activities
Charitable activities
Governance costs
3
Total Resources Expended
Net (outgoing)/incoming resources
Total funds brought forward
Balance transfers
Total funds carried forward
Unrestricted
Funds
2021
£
185,273
16,290
7,901
-
862
23
Restricted
Funds
2021
£
-
-
-
21,529
-
-
Total
Funds
2021
£
185,273
16,290
7,901
21,529
862
23
Total Funds
2020
£
345,630
64,965
25,200
-
981
191
210,349 21,529 231,878 436,968
62,912
144,200
23,281
6,459
12,917
2,153
69,370
157,117
25,434
60,720
142,302
21,997
230,393 21,529 251,922 225,019
(20,043)
210,065
(22,633)
-
927,817
22,633
(20,043)
1,137,882
-
211,949
925,932
-
167,388 950,450 1,117,838 1,137,882

The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.

Page 12

Happy Landings Animal Rescue Centre

BALANCE SHEET

As at 31st March 2021

As at 31st March 2021
Note
FIXED ASSETS
Tangible Assets
6
Investments
CURRENT ASSETS
Debtors
7
Cash at Bank
CREDITORS
Amounts falling due within one year
8
NET CURRENT ASSETS
CREDITORS
Amounts falling due after one year
9
NET ASSETS
FUNDS
10
Unrestricted Funds
Restricted Funds
TOTAL FUNDS
2021
£
1,249,656
6,340
2020
£
1,227,536
6,340
1,255,996
5,722
101,856
1,233,876
23,070
86,984
107,578
(31,987)
110,054
(29,837)
75,591
(213,749)
80,217
(176,213)
1,117,838 1,137,881
167,388
950,450
210,065
927,816
1,117,838 1,137,881

The financial statements were approved by the Board of Trustees:

and were signed on its behalf by:

…………………………………………..

Ms Nicola Bulbeck Interim Chair

02 November 2021

Page 13

Happy Landings Animal Rescue Centre

STATEMENT OF CASHFLOWS

For the year ended 31st March 2021

Note
Cash Used in Operating Activities
11
Cash Flows from financing activities:
Bounceback Loan proceeds
Mortgage Capital repaid
Cash Flows from investing activities:
Investments in assets under construction
Change in cash & cash equivalents in the year
Cash & cash equivalents at the beginning of the year
Cash & cash equivalents at the end of the year
2021
2020
£
£
(7,494)
159,315
50,000
185,000
(5,000)
-
(22,634)
(369,870)
14,872
(25,555)
86,984
112,539
101,856
86,984

Page 14

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2021

ACCOUNTING POLICIES

The financial statements have been prepared in accordance with 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 (FRS102) (effective 1 January 2015) – (Charities SORP (FRS 102)) and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

The principal accounting policies adopted in the preparation of the financial statements are as follows:

Income from donations and grants, including capital grants, is included in incoming resources when these are receivable, except as follows:

• When donors impose conditions, which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred and not included in incoming resources until the preconditions for use have been met

• When donors specify that donations and grants, including capital grants, are for particular restricted purposes, which do not amount to preconditions regarding entitlements, this income is included in incoming resources of restricted funds when receivable.

Resources Expended

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

Allocation and Apportionment of Costs

The total support costs have been allocated on the basis of 60% to charitable activities, 30% to boarding costs and 10% to Business management/administration activities.

Tangible Fixed Assets

Depreciation is calculated so as to write off the cost of fixed assets over the expected useful economic lives of the assets. The principal annual rates used for this purpose are:

Freehold Land and Buildings Nil
Plant and Machinery 10% reducing balance
Computer Equipment 20% straight line
Motor Vehicle and Horse Box 25% reducing balance

Page 15

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2021

Taxation

The charity is exempt from tax on its charitable activities.

Fund Accounting

Funds held by the Charity are either:

• Restricted – these are funds that can only be used for particular restricted purposes within the objects of the charity. They are incoming resources on which the donor has laid down conditions relating to the expenditure thereon or when the funds are specifically raised for particular restricted purposes

1. DONATIONS & LEGACIES

Donations
Income from Trusts
Legacies
2.INVESTMENT INCOME
Interest Received
Dividends Received
3.GOVERNANCE COSTS
Accountancy
Legal and Professional Fees
Support Costs
Unrestricted
Restricted
Total
Total
2021
2021
2021
2020
£
£
£
£
148,585
-
148,585
76,297
4,250
-
4,250
5,750
32,438
-
32,438
263,584
Unrestricted
Restricted
Total
Total
2021
2021
2021
2020
£
£
£
£
148,585
-
148,585
76,297
4,250
-
4,250
5,750
32,438
-
32,438
263,584
185,273
-

185,273
345,630
2021
2020
£
£
23
104
-
87
23
191
Total
Total
2021
2020
£
£
1,728
1,844
689
682
23,017
19,471
25,434
21,997

Page 16

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2021

4. TRUSTEES REMUNERATION AND RELATED PARTY TRANSACTIONS

The Trustees did not receive any reimbursed expenditure during the year (2020 - £Nil). No Trustee or other person related to the Charity had any personal interest in any contract or transaction entered into by the Charity during the year (2020 - £Nil).

5. STAFF COSTS

Salaries and Wages
Employers National Insurance
Pension
Average number of FTE employees in the year
2021
2020
£
£
161,759
144,013
4,205
3,481
2,285
1,916
168,248
149,410
12
11

6. TANGIBLE FIXED ASSETS

Cost
As at 1stApril 2020
Additions
As at 31stMarch 2021
Depreciation
As at 1stApril 2020
Charge for the period
As at 31stMarch 2021
Net Book Value
As at 31stMarch 2021
As at 31stMarch 2020
Property
Assets under
construction
Plant and
Machinery
Total
£
£
£
£
294,585
927,816
30,079
1,252,480
-
22,634
-
22,634
294,585
950,450
30,079
1,275,113
-
-
24,944
24,944
-
-
514
514
-
-
25,458
25,458
294,585
950,450
4,621
1,249,656
294,585
927,816
5,135
1,227,536

Page 17

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2021

7.DEBTORS
2021 2020
£ £
Prepayments - 1,470
Trade debtors 2,136 -
VAT Repayable 3,586 21,601
Total 5,722 23,070
8.CREDITORS – Amounts falling due within one year
2021 2020
£ £
Trade creditors 9,425 16,289
PAYE 5,894 4,403
Accruals 417 357
Mortgage & bank loan 16,250 8,787
31,987 29,837
9.CREDITORS – Amounts falling due after one year
Mortgage & bank loan 213,749 176,213
213,749 176,213
10. FUNDS
Balance at 1st
April 2020
Incoming Outgoing Transfers Balance at
31st March
2021
£ £ £ £ £
Unrestricted funds
General fund 210,065 210,349 (230,393) (22,633) 167,389
Restricted funds
BARK Appeal/Kennels 927,817 - - 22,633 950,450
HMRC CJRS Scheme - 21,529 (21,529) - -
927,817 21,529 (21,529) 22,633 950,450

Page 18

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2021

11.RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES 11.RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES 11.RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES
2021 2020
£ £
Net (outgoing)/incoming resources (20,043) 211,949
Adjustments for:
Depreciation 514 571
(Increase)/decrease in debtors 17,348 5,058
Increase/(decrease) in creditors (5,313) (58,263)
Net Cash used in operating activities (7,494) 159,315

Page 19

Happy Landings Animal Rescue Centre

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31st March 2021

Incoming Resources
Donations & Legacies
Donations
Trust Income
Legacies
Charitable Activities
Boarding Income
Adoptions Income
CJRS Grants
Investment Income
Other Trading Activities
Raffles/Fundraising
Total Incoming Resources
Expenditure On:
Boarding Activities
Printing & Stationery
Advertising
Support Costs
Charitable Activities
Animal Sundries & Cleaning
Animal Feed & Bedding
Animal Equipment
Vet Expenses
Support Costs
Unrestricted
Funds
2021
£
148,585
4,250
32,438
16,290
7,901
-
23
862
Restricted
Funds
2021
£
-
-
-
-
-
21,529
-
-
Total
Funds
2021
£
148,585
4,250
32,438
16,290
7,901
21,529
23
862
Total
Funds
2020
£
76,297
5,750
263,584
64,965
25,200
-
191
981
210,349 21,529 231,878 436,968
-
320
62,591
1,237
1,124
-
16,656
125,183
-
-
6,459
-
-
-
-
12,917
-
320
69,050
1,237
1,124
-
16,656
138,100
689
1,618
58,413
2,891
1,696
202
20,687
116,826

Page 20

Happy Landings Animal Rescue Centre

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31st March 2021

Business Management/Administration
Accountancy
Legal & Professional Fees
Support Costs
Support Costs
Wages
Rates & Water
Insurance
Interest
Light & Heat
Telephone
Postage, Stationery & Printing
Repairs & Maintenance
Sundries
Website
Travel & Vehicle Costs
Depreciation
Allocation of Support Costs
Total Resources Expended
Net deficit/surplus
Unrestricted
Funds
2021
£
1,728
689
20,864
146,719
6,771
13,281
2,180
11,962
1,356
477
21,693
488
1,021
2,177
514
(208,638)
Restricted
Funds
2021
£
-
-
2,153
21,529
-
-
-
-
-
-
-
-
-
-
-
(21,529)
Total
Funds
2021
£
1,728
689
23,017
168,248
6,771
13,281
2,180
11,962
1,356
477
21,693
488
1,021
2,177
514
(230,167)
Total
Funds
2020
£
1,844
682
19,471
149,410
1,840
5,200
3,639
9,748
1,538
2,309
14,227
2,752
144
3,333
571
(194,710)
230,393 21,529 251,922 225,019
(20,043) - (20,043) 211,949

Page 21