Forest Dog Rescue because all dogs deserve a second chance Annual Report and Financial Statements Year Ended 31 December 2025 Registered Charity Number 517173 Forest Dog Rescue Report and FSnanclal Statements for the Year Ended 31 December 2025 Contents Reference and Admlnistratlve Detalls Trustees Report Independent Examiners Report Statement of Financial Activities Statement of Flnanclal Posltlon Statement of Cash Flows Notes to the Accounts Forest Dog Rescue Reference and Administrative Detslls Charlty Reglstratlon Number: 517173 Reglstered Address Forest Do8 Rescue Green Gap Kennels Far Forest Worcestershire DY14 9DX Telephone Number 01299 269181 Email: info@forest-dog-rescue.org.uk Website: www.forest-do8-rescue.org.uk Trustees Maureen Shaffery Chair and Fundraising Manager Wendy Squlres Sponsorship and Fundraisin8 Sally Bullin8ham Rehoming and Kennels Matthew Street Rehoming and Kennels Meriel Worth Rehoming and Kennels Nicholas Grazier Rehomin8 and Kennels (Resigned 29/0612025} (Resigned 3110312025) Independent Examiner Matthew Wllson ACMA, CGMA Four Pines 2a Burlin8ton Close Kidderminster Worcestershire DYIO 3DQ FINANCIAL YEAR ENDED 31AI DECEMBER 2025 Trustee Re ort Green Gap Kennels Cleobury R08d Far Forest kndderminsterworcs DY14 90X OBJECTIVES The objectives of the Charity are to take in and look after unwanted dogs pr8dominat81y from the local surrounding areas and from straypounds acrossthe countrywhen theyare not claim6d and would be put to 8leep. We c8re for them until a permanent loving home can be found. PUBLIC BENEFIT Forest Dog Rescue has fulfilled its commitment in the last 12 months by providing kennel facilities for stray dogs from alarge ar88, that have not been cL8imed bytheirowners.Other unwanted dogs are taken In when own8rs c8nnot cope whlch can be for numerous reasons and agaln are looked after until adopted. Some dogs are taken In and lookeil 8ft8r on behalf ol Soc181 Servlces. This provides the public with a much n88dedfa¢ilityand allthe dogs are looked after byour staff In a klnd and lovlng environment. FINANCIAL REVIEW The Charity currently holds £84k in 8 res8rve account to enable the Trustees to be in a position to run the Charityand other facilities fora period of approximatelythree months. Minimum wages rose by 6.7% in 2025. We currently employ 17 parttime staff vtho cover both charity shops and the kennels which is a reduction oftr*VO from 2024. Donations went up by £45k. online subscrlptionswent up by nearly £9k which is f8nt88tiC. 88dly sponsorship has fallen by£900. Glft Ald of £20kw8s claimed fortaxyearending 2025. Vets bilts w8re siighdy highér8t £50k, butthen a savingof £1.3k paid out for medication bought online for ongoing medical conditions of dogs rehomed, and flea and V￿rrn treatmentforthe dogs 8tthe kennels totalling £1.3 Duringthe yearwe received £31k in legacies andfuneraldonations, comparedwith É45k in 2024. The shops income was £104k dovffl from £106I we had to make the difficultdecisionto close Kidderminster shop in August 2025 as trading in that location was no longerviable forthe charity. We chose to open a newshop in Bewdleyopening at the end of November 2025. Ludlow 8hop profits went up £7kfrom 2024. The majority of our car boots were able to go ahead with only a few cancelled due to bad weather and our Summer Fete brought in much needed fundraising revenuewhich totalled £37k in 2025 which was up by£5.3k from 2024. No professionalfundraisers Bre used as allourcollections a￿ made byvolunteers and Trustees gnd no wages are p8id as all fundraising is on 8 Strictly voluntary basis ACHIEVEMENTS 226 dogs were lound new lovlng hornès in 2025 compared to 226 In 2024. A total of £24k up from £20k in 2024. AS kennel 8t8ff work 365 days a year in 8U weather8 Wlth no where to retreat during br6aks. w8 hav8 ordered 8 new 8taff room, this will come fully bullt vAth kitchen area, heatin8 and electrics which will provlde the Staff a lovely place to W8rrn up and dry off. The staff roorn18 being built to our specifications and will be delrvered 8arly 2026 at a cost of £16k of whlch 8 d8POSit of É8k has been paid. We recelved £6.2k grant to allow u8 to repairthe automatlon of the gates at the kenne18. which will ba completed in 2026. Our overall incom8was up by £20k, despite legacy bequests b8ingdown, runningon one shop for 3 months otthe year. coming out up on 2024 is amazing. Wewould also like to thgnkanyone who has adopted orfostered one ofour dogsfrom us. wvingthem a second ch8nce of life. The Trustees d8cl8re that they have approved the report. Signed on b8half ofthe Charity'sTrustees Matt Street Independent Examiner's Report to the Trustees of Forest Dog Rescue for the Year Ended 31 December 2025 Respertive responsibilities of t￿￿ee5 and examiner The charlty's trustees are responsible for the preparation of the accounts. The charitvs trustees consider that an audit is not required for this year under section 144 of the Charities Act 20111.the Charitie5 ACVI and that an independent examination is needed. The charitys gross income exceeded £250,OC(J and l am qualified to undertake the examination by being a qualified member of the Chartered Institute of Management Accountants. It is my responsibility to- examine the accounts under section 145 of the Charities Act. to follow the procedures laid down in the general Directions given by the Charity Commission (under section 14515llbl of the Charities Act, and to State whether particular matters have come to my attention Basls of Independent ex¥mlnerf5 ststement My examination was carried out in accordance with general Directions given by the Charlty Commission. An examination includes a review of the accounting records kept by the charlty and comparison of the accounts presented with those records. It also includes consideration of any unusual items or dlsclosures in the accounts and seeking explanations from the 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 fairf view and the report is limited to those matters set out in the statement below. Independent examlner's ststement In connection wlth my examination, no material Matters have come to my attention which glves me cause to believe that in any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act,. or the accounts did not accord with the accounting records,. or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have come across no other matters In connectlon wlth the examination to whlch attentlon should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed Date Matthew Wilson ACMA CGMA Four Pines 2a Burlington Close Kidderminster Worcestershire DYIO 3DQ Forest Dog Rescue Statement of Financial Activities for Year Ended 31 December 2025 2025 2024 Unrestrlrted Income: Donations Subscriptions Adoption Fees Grants Received Fund Raising Sponsorship Bequests Fees- Dog Pound Admissions Shop Income- Kidder/8ewdley Shop Income- Ludlow Gift Aid Received Interest Received Other Income Note 155.101 41,816 24,315 6,242 37,343 5,100 31,340 110,543 32.871 20,580 31,975 6,000 45,736 32,388 1,623 39,892 66,709 20,735 7,102 1,000 3.315 30,315 73,803 20,273 6,424 941 Total Income 436,328 417,154 Expendlture On Charftable Actlvltles: Kennel/Administration Expenses Kidder/Bewdley Shop Expenses Ludlow Shop Expenses Fund Raising Costs Depreciation IProfitl/ Loss on Disposal of Fixed Assets 322,577 30,790 48,818 1,762 15,933 693 344,645 38,944 46,218 1,952 16,858 1,400 Total Expendlture 420,573 450.017 Net Income / {Expenditure) 15,755 {32,8631 Reconciliation of Funds Total Funds Bought Forward Total Funds Carrled Forward 1,173,144 1.188.899 1,206,007 1.173,144 Forest Dog Rescue Statement of Financial Posftlon as at 31 December 2025 2025 2024 Flxed Assets Tangible Fixed Assets 717.759 738,825 Current Assets Debtors Cash at 8ank 4.106 470,215 474.321 4,070 436,753 440,823 Credlto Amounts Fallin8 Due Within One Year 3,181 Net Curvent Assets 471.140 434,319 Net Assets 1,188 1.173.144 Funds Opening Balance Add Net Income / IExpenditurel for the Year 1.173,144 15.755 1.206,¢X)7 132,8631 Tatsl Charlty Funds 1.188W9 1,173,144 Approved by the Trustees on 20th August 2026 and signed on their behalf: Maureen Shaffery .1& Chair Trustee Matthew Street Forest Dog Rescue Statement of Cash Flows for the Year Ended 31 December 2025 2025 2024 Income from Charitable Activitie5 Expenditure on Charitable Attivities 436,328 1420,5731 417,154 1450,0171 Depreciation L05s on Di5POsal of Fixed A55ets 15,933 693 16,858 1,400 Net Cash From Charltable Artlvltles 32.381 114.605) Debtors Ilncreasel/Decrease Creditors Increase/lDecreasel Fixed Asset Expenditure Proceeds from disposal of Fixed Assets 1361 13.3231 5.223 716 (12,0001 4.450 Net Increasel{Decrease) In Cash 33,462 {16,216) Cash at Beginning of Year Net IncreasellDecreasel Cash at End of Year 436,753 33,462 470,215 452,969 116,2161 436,753 Forest Dog Rescue Notes to the Financial Statements for the Year Ended 31 December 2025 l Accountln ollcles Basis of re aration and assessment of oin concern The financial statements have been prepared under the historical cost convention with items recognised at cost or transartion value unless otherwise stated. The financial statements have been prepared in accordance with the Statement of Recommended Practice= Accounting and Reporting by Charities preparing their accounts in accordance with FRS 102.. Financial Reportin8 Standard applicable in the UK and Republic of Ireland (September 20151 and the Charitles Act 2011. The charlty Constitutes a public beneflt entlty as defined by FRS 102. The financial statements have been prepared on a going concern ba51s. The Trustees have considered all relevent information available, including future cash flows, and conclude that there are no material uncertainties about the charity's ability to continue as a 80ing concern. ro ert The freehold property is held at cost and the Trustees do not consider the market value to be materially different to the carrying value. Donated items for use in charitable activitie The Trustees do not consider it possible to value donated items such as food, toys. and blankets. Donated items are therefore not recognised in the financial statements. Donated items for resale Donated goods for resale are recognised when sold and no valuation is included in the accounts for donated items not sold at year end. The Trustees do not consider it practical to reco8nise goods when received. They also do not consider the items received to be material, or that they can be measured reliably and consider the costs of recognising the items outweigh the benefits. Income reco nition All Sncome is recognised once the charity has entitlement to the income. it is probable the income will be received and the amount of income receivable can be measured reliably. Legacies are considered uncertain until received and are therefore reco8nised on receipt of payment, including part payments. enditure reco nition Llabilitie5 are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, It Is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basls. Irre verabl VAT Irrecoverable VAT is charged against the expenditure heading for which it was Incurred. 2 Tan le Fixed Asset The followin8 depreciation rates are used to write down fixed asset values over their useful experted life: Vehicles Flxtures and Flttlngs Maintenance Equipment Non-permanent Buildin8s and Addltions 20% straight line IO% straight line 20% straight Ilne 5% straight line Fixed asset purchases with a cost of £1,000 and above a￿ capitalised. Fixed asset purchases below £l,(XK) are treated a5 expenditure in the period the expenditure is incurred. Other debtors: Prepayments £4,106 Prepayments relate to expenditure Incurred in 2025 relating to 2026. mounts Fallin Due Within One Year Other creditors: Accruals £3,181 Accruals relate to liabilities incurred in 2025 but not paid until 2026. 4 Trustee Remuneration No remuneration or other benefits were received by Trustees durlng the year 12024: £2,380). In the previous year120241, one of the trustees was paid remuneration totallin8 £2,380 for services provided. The Trustees 8ave re8ard to the Charity Commision'5 guidance at the time for paying trustees for services and were satisfied that the payments sat15fied this guidance and were in the best interest of the charity. No expenses were claimed by. or paid to, the Trustees during the year12024: £0} Travel costs incurred by Trustees but not claimed are estimated at £500 for the year. 5 Related Pa Transactlons There have been no related party transactions durln8 the year12024: None). 6 Kidderminster & Bewdle Sho An Kidderminstei Bewdley £24,729 £5,586 Tota5 £30,315 Shop Takin85 Salaries Heat and Ll8ht Rent Rates Insurance Sundry Items Repairs Total Costs £17,599 £1,054 £4,500 £273 £23 £588 £0 £24,037 £998 £345 £2,799 £0 £0 £772 £1,839 £6,753 £18,597 £1,399 £7.299 £273 £23 £1.360 £1,839 £30.790 Contribution £692 1£1,1671 (£475) Forest Dog Rescue Note 7: Ex enditure Ana Is for the Year Ended 31 December 2025 2025 2024 2025 2024 a) KennellAdmln. Costs b) Kidd & Bewdley Shop. Salaries Pension Contributions Staff Tralning Vehicle Costs Travel Costs Heat and Light Rates Insurance 212,776 204,378 10,581 9,306 833 342 Shop Takin85 30.315 39,892 Salarles Heat and Light Rent 18,597 29,26S 1,399 1,624 7,299 273 5,505 2,257 7,895 304 6.179 7,088 105 5,393 Rates 130 Insurance Sundry Items Repairs All¢xated Costs 23 353 1,360 1.417 1,839 155 30,790 38,944 Dog Food Vets Fees Medicatlon Sundries Kennels Repair C05t5 Volunteer Expenses Communications Printinglstationery Website Publicity Equipment Purchases Equipment Repairs Accountancy Fees Professlonal Fees & Subscriptions Trustee meetings KennellAdmln Costs 50.057 49,035 1,383 2,657 5.746 7,070 2,688 46,531 140 219 2.208 2,184 2,268 1,169 586 520 19 Contrlbutlon (4751 Ludlow Shop Shop Taklngs 73,803 66,709 5alarles Heat and Li8ht Rent 26,9LI) 24,628 2,639 2.352 14,500 14,5 970 449 1.321 2,465 503 48,818 46.218 1.908 78 1,196 2.684 1.17S 3,164 50 Rates Insurance Sundry Items Repairs Alltxated Costs 976 2,833 321577 344,645 Contrlbutlon 24,985 20,491 *ThÈ kidderminster shop was closed in 2025 and a new shop in 8ewdley opened. Kidderminster & Bewdley shop income and expenditure is grouped for 2025. See Note 6 for anatysls by shop. Forest Dog Rescue Note 8.. Flxed Assets at 31 December 2025 Total Vehide5 Flxtures & Nonyrniab)eftt Freehold FSttln85 Bulldlngs prO￿rtY At 315t December 2024 857.646 30.333 42.685 260,758 523,870 Additlons Dlsposal$ {13,2(xil I13,2￿) At 31st December 2025 17,133 42,685 260.758 523,870 DeprecSatlon At 31st December 2024 118.821 16.022 42,685 60.114 Char8e for Year Dlsposals 15.933 18JJ671 2,895 18,0671 13,038 At 31st December 2025 126,687 10,850 42,685 73,152 NBV •131 December 2025 717.759 6.283 187,606 S23,870 N8V at 31 December 2024 738.825 14,311 200.644 523,870