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2024-03-31-accounts

Charity Number:

287194

Happy Landings Animal Rescue Centre

Report of the trustees and unaudited financial statements for the Year ended 31st March 2024

Happy Landings Animal Rescue Centre

Year ended 31st March 2024

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 2024

CHARITY NUMBER 287194
PRINCIPAL ADDRESS Pye Hill
Pylle
Somerset
BA4 6TG
TRUSTEES
Katherine Lovell
Annabelle Walter
Nina Harris
Rachel Jamieson Appointed September 2024
Emily May Gardiner Appointed August 2024
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 2024

INDEPENDENT EXAMINERS REPORT

I report on the accounts of Happy Landings Animal Rescue Centre for the year ended 31st March 2024, 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: 30[th] January 2025

Page 5

Happy Landings Animal Rescue Centre

STATEMENT OF FINANCIAL ACTIVITIES Year ended 31st March 2024

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
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
2024
£
134,667
122,004
21,504
3,410
1,935
0
283,520
69,616
183,787
31,613		 Restricted
Funds
2024
£
0
0
0
0
0
0
0
0
0
0		 Total
Funds
2024
£
134,667
122,004
21,504
3,410
1,935
0
283,520
69,616
183,787
31,613		 Total
Funds
2023
£
158,561
101,275
22,427
15,850
132
54,321
352,566

68,528
152,404
32,899
285,016 0 285,016 253,831
(1,496)
1,188,356
0		 0
0
0		 (1,496)
1,188,356
0		 98,735
1,089,621
0
1,186,860 0 1,186,860 1,188,356

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 2024

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		 2024
2023
£
£
1,248,806
1,249,370
6,340
6,340
1,255,146
1,255,710
(24,219)
4,484
160,728
144,714
136,509
149,198
(42,641)
(35,899)
93,868
113,299
(162,024)
(180,653)
1,186,990
1,188,356
1,186,990
1,188,356
0
0
1,186,990
1,188,356

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 2025

Page 7

Happy Landings Animal Rescue Centre

STATEMENT OF CASHFLOWS

For the Year Ended 31st March 2024
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		 2024
2023
£
£
30,928
116,496
(5,135)
(6,572)
(9,779)
(9,400)		 2024
2023
£
£
30,928
116,496
(5,135)
(6,572)
(9,779)
(9,400)		 2024
2023
£
£
30,928
116,496
(5,135)
(6,572)
(9,779)
(9,400)
16,014
144,714		 81,363
63,351		 81,363
160,728 144,714

Page 8

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2024

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 2024

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
2024
2024
£
£
106,167
0
0
0
28,500
0		 Unrestricted
Restricted
2024
2024
£
£
106,167
0
0
0
28,500
0		 Total
2024
£
106,167

0
28,500		 Total
2023
£
154,774
0
3,787
134,667 0 134,667 158,561

2. INVESTMENT INCOME

2. INVESTMENT INCOME
Interest Received
Dividends Received		 2024
£
1,608
0		 2023
£
132
0
1,608 132

3. GOVERNANCE COSTS

Accountancy
Legal and Professional
Support Costs		 2024
2023
£
£
9,049
9,049
1,780 1,780
22,070
22,070		 2024
2023
£
£
9,049
9,049
1,780 1,780
22,070
22,070
32,899 32,899

Page 10

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2024

4. TRUSTEES REMUNERATION AND RELATED PARTY TRANSACTIONS

The Trustees did not receive any reimbursed expenditure during the year (2023 - £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 (2023 - £Nil).

5. STAFF COSTS

Salaries and
Wages
Employers National Insurance
Pension
Average Number of FTE employees in year		 2024
£
159,814
7,326
3,342		 2023
£
146,934
6,012
2,695		 2023
£
146,934
6,012
2,695
170,482 155,642
8 8

6. TANGIBLE FIXED ASSETS

Cost
As at 1st April 2023
Additions
As at 31 March 2024
Depreciation
As at 1st April 2023
Charge for the period
As at 31 March 2024
Net Book Value
As at 31 March 2024
As at 31 March 2023		 Property
Kennel Block
Plant &
Machinery
Total
£
£
£
£
294,585
950,450
30,818
1,275,853
0
0
0
0
294,585
950,450
30,818
1,275,853
0
0
26,483
26,483
0
0
564
564
0
0
27,047
27,047
294,585
950,450
3,771
1,248,806
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 2024 7. DEBTORS

For the year ended 31st March 2024
7. DEBTORS
2024 2023
£ £
Prepayments 0 0
Trade debtors (30,454) (3,273)
VAT Repayable 6,235 7,757
Total (24,219) 4,484
8. CREDITORS – AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£ £
Trade Creditors 9,702 4,197
PAYE 2,694 5,172
Accruals 1,200 1,200
Mortgage & bank loan 29,045 25,330
Total 42,641 35,899
9. CREDITORS – AMOUNTS FALLING DUE AFTER ONE
YEAR
2024 2023
Mortgage & bank loan 162,024 180,653
Total 162,024 180,653

10. FUNDS

10. FUNDS
Balance at Balance at
1st April Incoming Outgoing Transfers 31st March
2023 2024
£ £ £ £ £
Unrestricted funds
General fund 1,188,355 283,520 (285,016) 0 1,186,859
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 2024

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		 2024
2023
£
£
(1,496)
98,735
564
564
28,703
1,668
(11,887)
15,529		 2024
2023
£
£
(1,496)
98,735
564
564
28,703
1,668
(11,887)
15,529
30,928 116.496

Page 13

Happy Landings Animal Rescue Centre

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31st March 2024

Incoming
Resources
Donations & Legacies
Donations
Trust Income
Legacies
Charitable Activities
Boarding Income
Adoptions Income
Investment
Income
Other Trading Activities
Raffles/Fundraising
Total Incoming Resources
Expenditure on:
Boarding Activities
Printing & Stationery
Advertising
Support Costs
Charitable Activities
Cattery Project
Animal Sundries & Cleaning
Animal Feed & Bedding
Vet Expenses
Support Costs		 Unrestricted
Funds
Restrict
ed
Funds
2024
2024
£
£
106,167
0
0
0
28,500
0
122,004
0
21,504
0
1,935
0
3,410
0		 Total
Funds
2024
£
106,167

0
28,500
122,004
21,504
1,935
3,410		 Total
Funds
2023
£
154,774
0
3,787
101,275
22,427
132
70,171
283,520
0
521
0
1,792
0

67,303
0
17,339
0
9,126
0
1,120
0
21,596
0
134,606
0		 283,520
352,566
521
316
1,792
804
67,303
67,408
17,339
0
9,126
1,398
1,120
1,041
21,596
17,986
134,606
131,979		 352,566

Business Management/Administration

Page 14

Happy Landings Animal Rescue Centre

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31st March 2024

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		 8,770
0
8,770
9,049
408
0
408
1,780
22,435
0
22,435
22,070
167,140
0
170,482
155,642
(1,607)
0
(1,607)
132
8,240
0
8,240
6,346
16,284
0
16,284
11,064
10,146
0
10,146
12,663
3,145
0
3,145
2,765
3,373
0
30
46
8,792
0
8,792
10,764
2,200
0
2,200
1,822
1,527
0
1,527
16,109
3,289
0
3,289
1,788
1,251
0
1,251
365
564
0
564
564
(224,344)
(0)
(224,344)
(220,070)
285,016
0
285,016
258,831
(1,496)
0
(1,496)
98,375

Page 15