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2025-03-31-accounts

Charity Number:

287194

Happy Landings Animal Rescue Centre

Report of the trustees and unaudited financial statements for the Year ended 31st March 2025

Happy Landings Animal Rescue Centre

Year ended 31st March 2025

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 2025

CHARITY NUMBER 287194
PRINCIPAL ADDRESS Pye Hill
Pylle
Somerset
BA4 6TG
TRUSTEES
Katherine Lovell Resigned December 2025
Annabelle Walter
Nina Harris
Rachel Jamieson
Emily May Gardiner Resigned December 2025
Kerris Macauley Appointed August 2025
Andrew Young Appointed December 2025
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 2025

INDEPENDENT EXAMINERS REPORT

I report on the accounts of Happy Landings Animal Rescue Centre for the year ended 31st March 2025, 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:

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

( ) 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: 23[rd] January 2026

Page 5

Happy Landings Animal Rescue Centre

STATEMENT OF FINANCIAL ACTIVITIES Year ended 31st March 2025

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
2025
£
167,982
145,464
18,638
4,092
1,286
7,141
344,603
12,145
283,874
10,491
Restricted
Funds
2025
£
0
0
0
0
0
0
0
0
0
0
Total
Funds
2025
£
167,982
145,464
18,638
4,092
1,286
7,141
344,603
12,145
283,874
10,491
Total
Funds
2024
£
134,667
122,004
21,504
3,410
1,935
0
283,520
69,616
183,787
31,613
306,510 0 306,510 285,016
38,093
1,186,860
0
0
0
0
38,093
1,186,860
0
(1,496)
1,188,356
0
1,224,953 0 1,224,953 1,186,860

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 2025

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
2025
2024
£
£
1,351,277
1,248,806
6,340
6,340
1,357,617
1,255,146
(32,469)
(24,219)
101,554
160,728
69,085
136,509
(44,878)
(42,641)
24,207
93,868
(156,871)
(162,024)
1,224,953
1,186,990
1,224,953
1,186,990
0
0
1,224.953
1,186,990

The financial statements were approved by the Board of Trustees:

and were signed on its behalf by:

…………………………………………..

Ms Annabelle Walter Chair

Date: 23rd January 2026

Page 7

Happy Landings Animal Rescue Centre

STATEMENT OF CASHFLOWS

For the Year Ended 31st March 2025
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
2025
2024
£
£
(43,995)
30,928
(5,154)
(5,135)
(10,024)
(9,779)
2025
2024
£
£
(43,995)
30,928
(5,154)
(5,135)
(10,024)
(9,779)
2025
2024
£
£
(43,995)
30,928
(5,154)
(5,135)
(10,024)
(9,779)
(59,174)
160,728
16,014
144,714
16,014
101,554 160,728

Page 8

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2025

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 9

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2025

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 AND LEGACIES

1. DONATIONS AND LEGACIES
Donations
Income from Trusts
Legacies
2. INVESTMENT INCOME
Interest Received
Dividends Received
3. GOVERNANCE COSTS
Accountancy
Legal and Professional
Support Costs
Unrestricted
Restricted
2025
2025
£
£
68,141
0
0
0
99,841
0
Total
2025
£
68,141
0
99,841
Total
2024
£
106,167
0
28,500
167,982 0 167,982 134,667

2025
£
1,286
0
2024
£
1,935
0
1,286
2025
£
9,613
878
0
1,935
2024
£
9,049
1,780
20,784

Page 10

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2025

10,491 31,613

Page 11

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2025

4. TRUSTEES REMUNERATION AND RELATED PARTY TRANSACTIONS

The Trustees did not receive any reimbursed expenditure during the year (2024 - £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 (2024 - £Nil).

5. STAFF COSTS

Salaries and
Wages
Employers National Insurance
Pension
Average Number of FTE employees in year
2025
£
193,119
12,124
4,216
2024
£
159,814
7,326
3,342
2024
£
159,814
7,326
3,342
209,459 170,482
9 8

6. TANGIBLE FIXED ASSETS

Cost
As at 1st April 2024
Additions
As at 31 March 2025
Depreciation
As at 1st April 2024
Charge for the period
As at 31 March 2025
Net Book Value
As at 31 March 2025
As at 31 March 2024
Property
Kennel Block
Plant &
Machinery
Total
£
£
£
£
294,585
950,450
30,818
1,275,853
102,837
0
0
102,837
397,422
950,450
30,818
1,378,690
0
0
27,047
27,047
0
0
416
416
0
0
27,463
27,463
397,422
950,450
3,355
1,351,277
294,585
950,450
3,771
1,248,806

Page 12

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2025 7. DEBTORS

7. DEBTORS
2025 2024
£ £
Trade debtors (35,744) (30,454)
VAT Repayable 3,275 6,235
Total (32,469) (24,219)
8. CREDITORS – AMOUNTS FALLING DUE WITHIN ONE
YEAR
2025 2024
£ £
Trade Creditors 20,568 9,702
PAYE 4,207 2,694
Accruals 1,081 1,200
Mortgage & bank loan 19,022 29,045
Total 44,878 42,641
9. CREDITORS – AMOUNTS FALLING DUE AFTER ONE
YEAR
2025 2024
Mortgage & bank loan 156,871 162,024
Total 156,871 162,024
10. FUNDS
Balance at Balance at
1st April Incoming Outgoing Transfers 31st March
2024 2025
£ £ £ £ £
Unrestricted funds
General fund 1,186,860 344,603 (306,510) 0 1,224,953
Restricted funds
BARK Appeal/
Kennels/furlough 0 0 0 0 0

Page 13

Happy Landings Animal Rescue Centre

NOTES TO THE ACCOUNTS

For the year ended 31st March 2025

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

Net -Outgoing/incoming resources
Adjustments for:
Depreciation/fixed asset additions
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net Cash used in operating activities
2025
2024
£
£
38,093
(1,496)
(102,589)
564
8,250
28,703
12,250
(11,887)
2025
2024
£
£
38,093
(1,496)
(102,589)
564
8,250
28,703
12,250
(11,887)
(43,996) 30,928

Page 14

Happy Landings Animal Rescue Centre

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31st March 2025

Incoming
Resources
Donations & Legacies
Donations
Trust Income
Legacies
Charitable Activities
Boarding Income
Adoptions Income
Other Trading Activities
Other
Raffles/Fundraising
Total Incoming Resources
Unrestricted
Funds
Restrict
ed
Funds
Total
Funds
Total
Funds
2025
2025
2025
2024
£
£
£
£
68,140
0
68,140
106,167
0
0
0
0
99,842
0
99,842
28,500
145,464
0
145,464
122,004
18,638
0
18,638 21,504
7,141
0
7,414
0
4,092
0
4,092
3,410
344,603 0
344,603
283,520

Expenditure on:

Page 15

Happy Landings Animal Rescue Centre

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31st March 2025

Expenditure:

Wages
Vet Expenses
Feeding & Bedding
Rates & Water
Insurance
Interest
Light & Heat
Telephone
Cleaning & Waste
Postage, Stationery & Printing
Repairs & Maintenance
Advertising
Subscriptions
Sundries
IT and Website
Travel & Vehicle Costs
Accountancy
Legal & Professional
Operating Lease Payments
Bank Fees
Depreciation
Total Resources Expended
Net deficit/surplus
209,459
0
209,459
170,482
12,297
0
12,297
21,596
578
0
578
10,246
2,176
0
2,176
(1,607)
9,099
0
9,099
8,240
14,945
0
14,945
16,284
20,963
0
20,963
10,146
1,720
0
1,720
3,145
6,924
0
6,924
0
345
0
345
551
5,081
0
5,081
8,792
1,107
0
1,107
1,792
1,029
0
1,029
2,200
385
0
3,718
18,867
1,200
0
1,200
3,289
707
0
707
1,251
9,613
0
9,613
8,770
878
0
878
408
4,740
0
4,740
0
2,813
0
2,813
0
416
0
416
564
306,510
0
306,510
285,016
38,093
0
38,093
(1,496)

Page 16