UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 FOR ST BERNARD TRUST ST BERNARD TRUST CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Page General Information Accountant8. report and client approval certificate Statement Of Flnanclal Actlvltles Balance sheet Notes Report Of The Trustees ST BERNARD TRUST GENERAL INFORMATION FOR THE YEAR ENDED 30 JUNE 2024 Charity no: 328193 Co¥ordlnator: MrJ J Brennan Secretary Miss N Brennan Tr8asurer: Mrs KE Checketts Trustees: Mrs KE Checketts Mrs MJ Edwards Mr8 J Brennan MSSS N Brennan Mr M Parry Mrs J Jenkln8 Mrs J Dell Mrs T Dodge Address: 97 Short Heath Road Erdington Birmingham 823 6LH Accountants: Robb and Co Gainsborough House 14 Burnett Road Streetly Sutton Coldfield West Midlands B74 3EJ Page 1 ST BERNARD TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 ACCOUNTANTS. REPORT TO ST BERNARD TRUST In accordance with instructions given to me I have prepared the annexed financial ststements from the accounting records of St Bernard Trust and from information and explanations supplied. In my opinion these financial statements give a true and fair view of of the state of the affairs of the Trust. AD Robb, CTA Gainsborough House 14 Burnett Road Streetly Sutton Coldfield West Midlands B74 3EJ 5 September 2024 CLIENT APPROVAL CERTIFICATE l approve the financial statements and confirm that I have made available all relevant records and information for their preparation. Mrs KE Checketts 5 September 2024 Page 2 ST BERNARD TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 2024 2023 INCOME Adoption fees General donations Christmas cards and calendars Club donations and stalls Legacy Fundraising and collections 14,660 2,035 1,355 13,300 5,323 2,205 3,882 6,938 28,870 85,000 5,664 111,492 OTHER INCOME Interest received 1,147 350 30,017 111,842 Expendlture Kennel fees Vet fees Telephone Post and stationery Trust computer Website design and running Insurance fundraising Travel Donations towards costs Accountancy 10,012 26,182 461 393 18,550 21,993 689 659 400 419 346 387 636 3,489 564 2,557 564 42,124 {12,107) 46,177 65,665 Net surplusl(deflcit) for year There were no gains or losses for 2024 or 2023 except those included in the Statement of Financial Activities The notes on page 4 form part of these financial statements Page 3 ST BERNARD TRUST BALANCE SHEET 30 JUNE 2024 2024 2023 CURRENT ASSETS: B8nk account no 1 Bank account no 2 118,301 84,780 131,554 83,634 215,188 203,081 CURRENT LIABILITIES: Accrued expenses Creditors - unpresented cheques 510 510 CURRENT ASSETS: 202,571 214,678 NET ASSETS 202,571 214,678 REPRESENTED BY: UNRESTRICTED FUNDS Brought forward Net surplusl(deficit) for year Unrestrlcted Reserves 214,678 {12,1071 202,571 149,013 65,665 214,678 Approved By the Board of Trustees on 5 September 2024 and signed on its behalf by Mrs K Checketts Trustee The notes on page 5 form part of these financial ststements Page 4 ST BERNARD TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 NOTES TO THE ACCOUNTS Accounting Pollcles Basls of Accounting The accounts have been prepared under the historical cost convention and include the results of the Charity's operations which are described in the Trustees report and all of which are continuing. The accounts have been prepared in accordance with Generally Accepted Accounting Practice and Charity Statement of Recommended Practice IFRS102 2019). The charity has taken advantage of the exemption from producing a cash flow report under FRS102 2019 as it is a small charity Turnover Turnover is accounted for on receipt Funds There are no restricted funds Taxation The charity is not registered for VAT. The charity is not subject to taxation as a registered charity. Trustees No Trustee received payment from the Trust. Page 5 Trustees Annual Report for St Bernard Trust Year Ended 30 June 2024 The Trustees present their annual report for St Bernard Trust (charity 328193) as required by the Charity Statement of Recommended Practice IFRS102 2019) Objectives and Activitles The aim of St Bernard Trust is to protect and promote the St Bernard breed ofdog in the United Kingdom and to provide financial assistance to house and treat St Bernards who have been neglected or cannot be looked after by their current owners. The trust also makes donations to individuals to help with the cost of looking after St Bemards and occasionally other organisations which promote the well-being of St Bernards. Achievements and Performance The ordinary trust income this year fell by £81,825 This included a legacy of £3,882 which was the final part of a total legacy of £88,882 received in 2023 and 2024. The Trust has continued to make payments to look after St Bernards, at a slightly lower level than last year. There was a deficit on income of £12,107. There has been a massive increase in demand for our services over the past three years and at the same time income has been restricted due to reduced shows. However the Trust has received a large legacy of £88,882 which enables us to keep funding St Bernards to a high level. The Trustees are satisfied that the Trust continues to make a significant improvement in the care of St Bernards Flnanclal Review The trust has made a deficit of £12,107 this year on income of £30,017. Without the legacy income was £26,135. There is a reserve account of £84,780 and the main bank account contains £118,301. The Trustees are satisfied that the trust has sufficient resources to meet its outgoings. 2023-24 has been another challenging year for everyone, but the income of the Trust has stood up reasonably well. It is likely that inflation and the adverse economic outlook will continue to increase demand for our services. We are well placed to meet this with the recent legacy. The trustees are satisfied that there are sufficient reserves to cover the expenditure of the Trust. We only provide assistance to responsible owners, where there is a clear plan in place to look after the St Bernards and this will continue to be the case. It has not been necessary to review expenditure levels. The Trustees maintain a close eye on the finances and expenditure is looked at both for ils effectiveness and sustainability. The Trust has sufficient reserves to continue operating at its current level for a number of years There is some uncertainty caused by economic conditions, but this seems to be steadier. There are still plenty ofowners struggling to afford to look after their dogs. St Bernard Trust is only a small charity and is not financially sophisticated. There are no specific forecasts as these are unnecessary, but the trustees maintain a close watch over income, expenditure and reserve levels. We are satisfied that it is not necessary to take further action in the current circumstances. As we have plenty of reserves there is no urgent requirement to increase income. The trustees are aware that the Trust currently has sufficient reserves for some years. Structure Governance and Management st Bernard Trust is an unincorporated association operating as a charity. The trustees act as a body in decision making. New and replacement Trustees are selected from the owners of St Bemard dogs known to existing Trustees. Each new Trustee is elected unanimously by the existing Trustees. As a small charity St Bernard Trust is reliant on a few formal controls. The most important of these is that all payments have to be authorised by at least two Trustees. Day to day running of the Trust is delegated to the co-ordinator and the Treasurer. RegLilar reports are made to Trustees of the Trust activities. Contlnued/ Page 6 The accounts of the charity are independently examined by Mr A D Robb of Robb & Co. Reference and Administrative Details St Bernard Trust is Charity 328193. The registered address of the Charity is Primrose Cottage, Callow Hill Road, Alvechurch, B48 7LR. The Trustees during the year to 30 June 2024 were" Co-ordinator Secretary Treasurer Mrs J Brennan Miss N Brennan Mrs K E Checketts Trustees Mrs K E Checketts Mrs M J Edwards Mrs J Brennan Miss N Brennan MrMParry, Mrs J Jenkins Mrs J Dell Mrs T Dodge This report was approved by the trustees at the annual meeting on 5 September 2024 Mrs K E Checketts Trustee and treasurer 5 September 2024 Page 7