**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 specify that donations and grants given to the charity must be used in future accounting - periods • 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 - Unrestricted – incoming resources on which there is no restriction or designation ## **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