| Page | ||
|---|---|---|
| Report ofthe Trustees | 1 to 5 | |
| Report ofthe Independent Auditors |
6to7 | |
| Statement ofFinancial Activities | ||
| Balance Sheet | ||
| Statement ofcash flows | 10 | |
| Notes tothe Financial Statements | 11to19 | |
| Detailed Statement of Financial | Acfrvities | 20 |
| Notes | Total | Total | |||
|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||
| Funds | Funds | ||||
| 2020 | 2019 | ||||
| E | E | ||||
| Income: | |||||
| Donations and legacies Investment income |
413,998 | 222,604 587,248 |
|||
| Other income | 2,000 | ||||
| Total income | 415,998 | 809,852 | |||
| Expenditure: Raising funds |
118,363 | 146,096 | |||
| Expenditure on Animal welfare |
charitable | activities: | 450,856 | 506,109 | |
| Total expenditure | 569,219 | 652,205 | |||
| 10 | 3,283,353 | 3,376,232 | |||
| Net incomel(expenditure) | 3,130,132 | 3,533,879 | |||
| Net movement | in funds | 3,130,132 | 3,533,879 | ||
| Reconciliation | offunds | ||||
| Total funds brought forward | 26,577,533 | 23,043,654 | |||
| Total funds carried forward | 13 | 29,707,685 | 26,577,533 | ||
| All ofthe above | funds are | unrestricted. |
| Notes | 2020 | 2019 | |||
|---|---|---|---|---|---|
| Fixed assets | |||||
| Tangible assets | 9 | 1,243,857 | 1,250,130 | ||
| Investments | 10 | 28,060,288 | 25,046,758 | ||
| 29,304,145 | 26,296,688 | ||||
| Current assets | |||||
| Debtors | 41,895 | 40,676 | |||
| Cash at bank | 401,506 | 272,996 | |||
| 443,401 | 313,672 | ||||
| Creditors: amounts | falling due within one year | 12 | (39,881) | (33,027j | |
| Net current assets | 403,520 | 280,645 | |||
| Total assets | less current liabilities | 29,707,665 | 26,577,533 | ||
| Net assets | 29,707,665 | 26,577,533 | |||
| The funds ofthe Charity Unreslricted funds |
13 | 29,707,665 | 26,577,533 | ||
| Total funds | 29,707,665 | 26,577,533 |
| Ilute | ||
|---|---|---|
| Not cosh used ln operating activities |
15 | (4Nfl/~) |
| Cosh flows from Investing actlvithrs Dividends and Interest from investments Purchase of Investments Proceeds from sale ofinvestments |
413.N~ (42Ã~) 4,455~ |
|
| Net cash provided by Investing activities |
||
| Change In cash and cash equivaients in the year |
128,510 | |
| Cash and cash equivalents brought forward |
||
| Cash and cash equivalents carried forward |
||
| The notes on pages 11to 19form part ofthese accounts. |
| INVESTMENT INCOME | 2020f | 2019f | ||
|---|---|---|---|---|
| Dividends and interest received on investment |
porffolio | 413,998 | 587,248 | |
| COSTS OF RAISING FUNDS | 2020f | 2019f | ||
| Investment management fees |
118,363 | 146,096 | ||
| 118,383 | 146,096 | |||
| EXPENDITURE ON CHARITABLE ACllVITIES | ||||
| Grant funded | ||||
| activity (note 8.1) f |
Support costs (note 7) f |
Total 2020 f |
Total 2019 f |
|
| Animal welfare 395,000 |
55,856 | 450,856 | 506,109 | |
| In 2019, the total of f506,109wss made up |
of f441,000 of Grant funded | acbvBes snd | f65,109of SuPPoit | |
| costs. | ||||
| GRANTS PAYABLE | Date | |||
| Grants to charities operating in the UK: |
||||
| Maria's Animal Shelter Horse Sense Wirral Nlildlife Rescue Brent Lodge Bird and VIldlife Trust StGiles Animal Rescue Cetacean Research &Rescue Unit (CRRU) Kent Horse Rescue 3R's Horse Rescue Prickles & Paws Hedgehog Rescue Freshfields Animal Rescue Teckels Animal Sanctuary Raptor Foundation Doris Banham Sanctuary Hope Rescue Woodlands Animal Sanctuary Rushton Dog Rescue Kent Horse Rescue Liuest Home and Pony Trust Owls Trust Animal Rescue Cymru Pendie Dogs in Need Shy Lowen Home and Pony Sanctuary RSPCA Bury Oldham and District Caring for Cats East Yorkshire Remus Memorial Horse Sanctuary St Giles Animal Rescue People for Animal Care Trust (PACT) |
0&Jan-20 19-Feb-20 20-Feb-20 20-Feb-20 20-Feb-20 20-Feb-20 20-Feb-20 20-Feb-20 20-Feb-20 20-Feb-20 25-Feb-20 08-Apr-20 08-Apr-20 08-Apr-20 16-Apr-20 16-Apr-20 16-Apr-20 16-Apr-20 16-Apr-20 16-Apr-20 24-Apr-20 24-Apr-20 24-Apr-20 24-Apr-20 07-May-20 07-May-20 07-May-20 |
5,000.00 5,000.00 10,000.00 10,000.00 3,000.00 3,000.00 2,000.00 4,000.00 2,000.00 7,500.00 10,000.00 6,000.00 10,000.00 5,000.00 10,000.00 3,000.00 4,000.00 4,000.00 4,000.00 4,500.00 5,000.00 8,000.00 10,000.00 5,000.00 5,000.00 5,000.00 10,000.00 |
| GRANTS PAYABLE (continued) | GRANTS PAYABLE (continued) | |||
|---|---|---|---|---|
| Wildlife Rescue Enfield (WRAS) Pet Care Network Bristol &Wales Cat Rescue Animal Rescue Apsley Guise (HULA) Crosskennan Lane Animal Rescue Dog's Friends Huge Foundation K9Focus Loving Homes Dog Rescue Cats Protection -Gwent Branch Animal Rescue Centre - Sidmouth &District Freshfields Animal Rescue PricNes Hedgehog Rescue Kent Hoise Rescue Wild Hogs Hedgehog Rescue Uuest Home and Pony Trust RVC Beaumont Sainsbury Animal Hospital Lines Ark Animal Welfare Shy Lowen Horse and Pony Sanctuary Woodlands Animal Sanctuary Animal Rescue Cymru Prevent Unwanted Pets (PUP) Moorviaw Rescue Ltd Shemeld Cat Shelter Hectors Greyhound Rescue German Shepherd Rescue Elite Teckels Animal Sanctuary |
07-May-20 22-May-20 22-May-20 22-May-20 22-May-20 22-May-20 15-Jun-20 15-Jun-20 1Mun-20 20-Jul-20 20-Jul-20 05-Aug-20 05-Aug-20 05-Aug-20 17-Aug-20 17-Aug-20 17-Aug-20 11-Sep-20 11-Sep-20 27-Oct-20 27-Oct-20 27-Oct-20 12-Nov-20 08-Dec-20 08-Dec-20 09-Dec-20 17 Dec-20 17-Dec-20 |
8,000 2,000 5,000 5,000 5,000 10,000 8,000 3,500 3,000 7,000 3,500 5,000 2,000 3,000 3,000 4,000 10,000 7,000 5,000 10,000 2,000 4,000 2,000 5,000 5,000 3,000 6,000 5,000 |
||
| Dog's Friends | ||||
| Grants to UKcharities working | overseas: | |||
| Katmandu Animal Treatment Centre (KAT) International Aid forthe Protecbon &Welfare ofAnimals Forgotten Animals Romanian Rescue Appeal Friends of Bianca Friends of Inti Wars Yassi |
(IAWPA) | 25-Feb-20 17-Apl'-20 22-May-20 05-Aug-20 05-Aug-20 17-Aug-20 17-AUQ-20 |
4,500 6,000 10,000 5,000 3,000 7,500 5,000 |
|
| Care4Cats Forgotten Animals |
11-Sep-20 12-Nov-20 |
5,000 10,000 |
||
| Tree of Life for Animals (TOLFA) |
08-Dec-20 | 10,000 | ||
| Soi Dog Rescue Globalteer |
08-Dec-20 08-Dec-20 |
5,000 3,000 |
||
| Paxos Animal Welfare (PAWS) | 08-Dec-20 | 10,000 | ||
| Orangutan Foundation |
18-Dec-20 | 10,000 | ||
| Serbia's Forgotten Paws | ||||
| 395,000 |
| SUPPORT COSTS | 2020f | 2019 |
|---|---|---|
| Staffcosts (note 8) Other Depreciation oftangible fixed assets Audit and accountancy fees Audit fee Other accountancy fees |
25,926 15,226 6,274 7,980 450 |
28,929 21,928 6,512 7,200 540 |
| 55,856 | 65,109 | |
| STAFFCOSTS | 2020 6 |
2019 8 |
| Salaries andwages | 25,926 | 28,502 |
| Social security costs | 427 | |
| Other pension costs | ||
| 25,926 | 28,929 |
| 9. | TANGIBLE FIXEDASSETS | TANGIBLE FIXEDASSETS | Leasehold property and Improvements f |
Furniture, fixtures and equipment 8 |
Totals 8 |
|
|---|---|---|---|---|---|---|
| COST At 1 January 2020 |
1,275,419 | 35,213 | 1,310,632 | |||
| Additions | ||||||
| At 31 December 2020 | 1,275,419 | 35,213 | 1,310,632 | |||
| DEPRECIATION At 1 January 2020 Charge for year At 31 December 2020 |
30,771 5,254 36,025 |
29,731 1,019 30,750 |
60,502 6,273 66,775 |
|||
| NET BOOKVALUE At 31 December 2020 |
1,239,394 | 4,463 | 1,243,857 | |||
| At 31 December 2019 | 1,244,648 | 5,482 | 1,250,130 | |||
| 10. | FIXED ASSETINVESTMENTS | 2020 8 |
2019 8 |
|||
| MARKET VALUE At 1 January 2020 Additions Disposals |
24,443,577 4,291,420 (5,001,498) 3,235,315 |
21,382,666 131,705 (589,573) 3,518,779 |
||||
| Revaluations | ||||||
| At 31 December 2020 | 26,968,814 | 24,443,577 | ||||
| Comprising: UK equi8es Overseas equrTies UK bonds &fixed interest securities Global funds Property funds |
5,285,921 5,235,563 ,234,684 1,602,561 1,376,325 1,233,760 |
6,315,488 2,799,868 2,227,751 10,268,092 1,327,753 1,504,625 |
||||
| Other | ||||||
| Quoted investments at market value Cash balances held within the investment Total fixed asset investments |
porlfolio | 26,968,814 1,091,474 28,060,288 |
24,443,577 603,181 25,046,758 |
|||
| Balances held by: Ruffer Rathbones |
12,848,529 15,211,759 |
48,306 12,214,928 12,783,524 |
||||
| Whitley | 28,060,288 | 25,046,758 | ||||
| 22,868,387 | 23,162,911 | |||||
| Cost of listed portfolio |
| DEBTORS | 2020 8 |
2019 8 |
|||
|---|---|---|---|---|---|
| Other debtors Prepayments |
40,131 1,764 |
40,122 554 |
|||
| 41,895 | 40,876 | ||||
| Other debtors is made up ofloans given to Liverpool Cat Welfare and North Clwyd Animal | Rescue ofF10,12 | ||||
| and 830,000respectively. | |||||
| CREDITORS: Amounts | falling | due within one year | 2020 | 2019 | |
| 8 | 8 | ||||
| Social security and other | taxes | 1,415 | 1,377 11 |
||
| Other creditors Accrued expenses |
38,466 | 31,639 | |||
| 33,027 | |||||
| ANALYSIS OF CHARITABLE FUNDS Balance bNwd |
Income | Expenditure | Fund Clfwd | ||
| (Incl. inv. gains) | |||||
| 8 | |||||
| Unrestricted funds General funds |
26,577,533 | 3,699,351 | (569,219) | 29,707,865 | |
| TOTAL FUNDS | 26,577,533 | 3,699,351 | (569,219) | 29,707,665 |
| RECONCILIATION |
OF NET CAS | H (USED IN) OPERAllN | G ACTIVIT | IES | |
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| 8 | |||||
| Net income/(loss) for |
the reporhng | period ind. investment | gains | 3,130&132 | 3,533,879 |
| Adjustments for. Interest and |
dividends | (413,998) | (587,248) | ||
| (Gains)I Losses on investments | (3,283,353) | (3,376,232) | |||
| Investment investments |
management | fees paid directly out of | 118,363 | 142,547 | |
| Depredation (Increase)l in debtom increaser (decrease) in |
creditors | 6,274 (1,219) (6,854) |
6,512 (40,273) 3,953 |
||
| (450,655) | (316,862) |