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2023-03-31-accounts

Charity Number:

287194

Happy Landings Animal Rescue Centre

Report of the trustees and unaudited financial statements for the Year ended 31st March 2023

Happy Landings Animal Rescue Centre

Year ended 31st March 2023

CONTENTS PAGE
Legal and Administrative Details 3
Examiners’ Report 4 - 5
Report of the Trustees -
Statement of Financial Activities 6
Balance Sheet 7
Statement of Cash flows 8
Notes to the Financial Statements 9 - 13
Detailed Statement of Financial Activities 14 - 15
(does not form part of the statutory financial statements)

Happy Landings Animal Rescue Centre

Year ended 31st March 2023

CHARITY NUMBER 287194
PRINCIPAL ADDRESS Pye Hill
Pylle
Somerset
BA4 6TG
TRUSTEES
Kate Lovell
 Appointed Oct 2023
Annabelle Walter
Nina Harris
Karen Watkins
 Resigned Sept 2023
Adam Lee
 Resigned May 2023
Nicola Bulbeck
 Resigned Sept 2023
Jane Bennett
 Resigned Sept 2023
Annalisa Checchi
 Resigned Jan 2023
Karol Rutkowski
Amanda Chambers
 Resigned March 2023
INDEPENDENT EXAMINER Mr Rajesh Sharma
14 Sheraton Close
Elstree
Herts
WD6 3PZ
SOLICITORS Messrs Bartlett, Gooding & Weelen
65 High Street
Shepton Mallet
Somerset

Page 3

Happy Landings Animal Rescue Centre

Year ended 31st March 2023

INDEPENDENT EXAMINERS REPORT

I report on the accounts of Happy Landings Animal Rescue Centre for the year ended 31st March 2023, which are set out on pages 6 to 15.

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

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

Mr R Sharma 14 Sheraton Close Herts WD6 3PZ Date: 29[th] January 2024

Page 5

Happy Landings Animal Rescue Centre

STATEMENT OF FINANCIAL ACTIVITIES Year ended 31st March 2023

Note
Incoming Resources
Donation & Legacies
1
Charitable Activities
Boarding Income
Adoptions Income
Other Trading Activities
Raffles/Fundraising
Investment Income
2
Other Income
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
2023
£
52,641
101,275
22,427
15,850
132
54,321
246,646
68,528
152,404
32,899		 Restricted
Funds
2023
£
105,920
0
0
0
0
0
105,920
0
0
0		 Total
Funds
2023
£
158,561
101,275
22,427
15,850
132
54,321
352,566
68,528
152,404
32,899		 Total
Funds
2022
£
174,618
43,098
20,030
51
6
3,494
242,183

74,648
168,507
27,146
253,831 0 253,831 270,401
(7,185)
1,089,621
0		 105,920
0
0		 98,735
1,089,621
0		 (28,218)
1,117,839
0
1,082,436 105,920 1,188,356 1,089,620

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

Page 6

Happy Landings Animal Rescue Centre

BALANCE SHEET

As at 31st March 2023

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		 2023
2022
£
£
1,249,370
1,249,195
6,340
6,340
1,255,710
1,255,535
4,484
2,816
144,714
63,351
149,198
66,167
(35,899)
(26,958)
113,299
39,209
(180,653)
(205,123)
1,188,356
1,089,621
1,188,356
1,089,621
0
0
1,188,356
1,089,621

The financial statements were approved by the Board of Trustees:

and were signed on its behalf by:

…………………………………………..

Ms Annabelle Walter Chair

Date: 30[th] January 2024

Page 7

Happy Landings Animal Rescue Centre

STATEMENT OF CASHFLOWS

For the Year Ended 31st March 2023
Note
Cash used in Operating Activities
11
Cash Flows from financing activities:
Mortgage Capital repaid
Bounce back Loan Capital repaid
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		 2023
£
98,735
(6,572)
(10,800)		 2022
£
(29,879)
(6,957)
(1,669)		 2022
£
(29,879)
(6,957)
(1,669)
81,363
63,351		 (38,505)
101,856
144,714 63,351

Page 8

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2023

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 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 9

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2023

Taxation

The charity is exempt from tax on its charitable activities.

Fund Accounting

Funds held by the Charity are either:

1. DONATIONS AND LEGACIES

Donations
Income from Trusts
Legacies		 Unrestricted
Restricted
2023
2023
£
£
52,641
105,920
0
0
3,787
0		 Unrestricted
Restricted
2023
2023
£
£
52,641
105,920
0
0
3,787
0		 Total
2023
£
154,774

0
3,787		 Total
2022
£
78,317
0
96,301
56,428 105,920 158,561 174,618

2. INVESTMENT INCOME

Interest Received
Dividends Received
3. GOVERNANCE COSTS
Accountancy
Legal and Professional
Support Costs		 2023
2022
£
£
132
6
0
0		 2023
2022
£
£
132
6
0
0
132
6
2023
2022
£
£
9,049
1,588
1,780 1,200
22,070
24,786
32,899 27,574

Page 10

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2023

4. TRUSTEES REMUNERATION AND RELATED PARTY TRANSACTIONS

The Trustees did not receive any reimbursed expenditure during the year (2022 - £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 (2022 - £Nil).

5. STAFF COSTS

Salaries and
Wages
Employers National Insurance
Pension
Average Number of FTE employees in year		 2023
2022
£
£
146,934
180,513
6,012
8,150
2,695
2,303		 2023
2022
£
£
146,934
180,513
6,012
8,150
2,695
2,303
155,642 190,966
8 10

6. TANGIBLE FIXED ASSETS

Cost
As at 1st April 2022
Additions
As at 31 March 2023
Depreciation
As at 1st April 2022
Charge for the period
As at 31 March 2023
Net Book Value
As at 31 March 2023
As at 31 March 2022		 Property
Kennel Block
Plant &
Machinery
Total
£
£
£
£
294,585
950,450
30,079
1,275,114
0
0
739
739
294,585
950,450
30,818
1,275,853
0
0
25,919
25,919
0
0
564
564
0
0
26,483
26,483
294,585
950,450
4,335
1,249,370
294,585
950,450
4,160
1,249,195

Page 11

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2023
7. DEBTORS
2023 2022
£ £
Prepayments 0 300
Trade debtors (3,273) (2,284)
VAT Repayable 7,757 4,800
Total 4,484 2,816
8. CREDITORS – AMOUNTS FALLING DUE WITHIN ONE
YEAR
2023 2022
£ £
Trade Creditors 4,197 7,321
PAYE 5,172 2,187
Accruals 1,200 1,200
Mortgage & bank loan 25,330 16,250
Total 35,899 26,958
9. CREDITORS – AMOUNTS FALLING DUE AFTER ONE
YEAR
2023 2022
Mortgage & bank loan 180,653 205,123
Total 180,653 205,123

10. FUNDS

10. FUNDS
Balance at Balance at
1st April Incoming Outgoing Transfers 31st March
2022 2023
£ £ £ £ £
Unrestricted funds
General fund 1,089,621 352,566 (253,831) 0 1,188,355
Restricted funds
BARK Appeal/
Kennels/furlough 0 0 0 0 0

Page 12

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2023

11. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net -Outgoing/incoming resources
Adjustments for:
Depreciation
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net Cash used in operating activities		 2023
2022
£
£
98,735
(28,218)
564
462
5,440
2,906
21,023
(5,029)		 2023
2022
£
£
98,735
(28,218)
564
462
5,440
2,906
21,023
(5,029)
127,149 (29,879)

Page 13

Happy Landings Animal Rescue Centre

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31st March 2023

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
Vet Expenses
Support Costs		 Unrestricted
Funds
Restrict
ed
Funds
2023
2023
£
£
48,854
105,920
0
0
3,787
0
101,275
0
22,427
0
0
0
132
0
70,171
0		 Total
Funds
2023
£
154,774

0
3,787
101,275
22,427
0
132
70,171		 Total
Funds
2022
£
78,317
0
96,301
43,984
20,030
4,279
6
3,545
246,646
105,920
316
0
804
0

67,408
0
1,398
0
1,041
0
17,986
0
131,979
0		 352,566
246,462
316
1,129
804
446
67,408
74,357
1,398
2,437
1,041
1,732
17,986
18,292
131,979
148,713		 246,462

Business Management/Administration

Page 14

Happy Landings Animal Rescue Centre

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31st March 2023

Accountancy
Legal & Professional
Support
Support Costs
Wages
Rates & Water
Insurance
Interest
Light & Heat
Telephone
Postage, Stationery & Printing
Repairs & Maintenance
Subscriptions
Sundries
Website
Travel & Vehicle Costs
Depreciation
Allocation of Support Costs
Total Resources Expended
Net deficit/surplus		 9,049
0
9,049
1,588
1,780
0
1,780
1,200
22,070
0
22,070
24,786
155,642
0
155,642
195,245
132
0
132
696
6,346
0
6,346
5,646
11,064
0
11,064
7,831
12,663
0
12,663
9,437
2,765
0
2,765
62
46
0
46
477
10,764
0
10,764
21,424
1,822
0
1,822
1,440
16,109
0
16,109
992
1,788
0
1,788
104
365
0
365
2,494
564
0
564
462
(220,070)
(0)
(220,070)
(247,855)
253,831
0
253,831
274,680
(7,185)
105,920
98,375
(28,218)

Page 15