This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2021-03-31-accounts
|
|
Page |
|
| Report of the Trustees |
1 |
to |
3 |
| Independent Examiner's Report |
|
4 |
|
| Statement of Financial Activities |
|
5 |
|
| Balance Sheet |
|
6 |
|
| Cash Flow Statement |
|
7 |
|
| Notes to the Cash Flow Statement |
|
8 |
|
| Notes to the Financial Statements |
9 |
to |
17 |
| Detailed Statement of Financial Activities |
18 |
to |
19 |
|
|
|
|
2021 |
2020 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
fund |
funds |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
| INCOME AND ENDOWMENTS FROM |
|
|
|
|
|
| Donations and legacies |
2 |
187,494 |
− |
187,494 |
86,467 |
| Other trading activities |
3 |
520,171 |
|
520,171 |
573,462 |
| Investment income |
4 |
2,228 |
|
2,228 |
1 |
| Total |
|
709,893 |
− |
709,893 |
659,930 |
| EXPENDITURE ON |
|
|
|
|
|
| Raising funds |
|
648,714 |
529 |
649,243 |
665,741 |
| Charitable activities |
5 |
|
|
|
|
| Cat rescue |
|
72,298 |
|
72,298 |
67,294 |
| Governance costs |
|
2,150 |
_
− |
2,150 |
2,650 |
| Other |
|
19,633 |
− |
19,633 |
26,975 |
| Total |
|
742,795 |
529 |
743,324 |
762,660 |
| Net gains/(losses) on investments |
|
16,095 |
|
16,095 |
(7,550) |
| NET INCOME/(EXPENDITURE) |
|
(16,807) |
(529) |
(17,336) |
(110,280) |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
| Total funds brought forward |
|
625,988 |
3,534 |
629,522 |
739,802 |
| TOTAL FUNDS CARRIED FORWARD |
|
609,181 |
3,005 |
612,186 |
629,522 |
|
|
|
|
2021 |
2020 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
fund |
funds |
funds |
fluids |
|
Notes |
£ |
£ |
£ |
£ |
| FIXED ASSETS |
|
|
|
|
|
| Tangible assets |
9 |
469,110 |
3,005 |
472,115 |
480,022 |
| Investments |
10 |
103,676 |
|
103,676 |
92,450 |
|
|
572,786 |
3,005 |
575,791 |
572,472 |
| CURRENT ASSETS |
|
|
|
|
|
| Stocks |
11 |
17,714 |
|
17,714 |
14,543 |
| Debtors |
12 |
25,324 |
|
25,324 |
13,844 |
| Cash at bank and in hand |
|
59,364 |
− |
59,364 |
77,989 |
|
|
102,402 |
|
102,402 |
106,376 |
| CREDITORS |
|
|
|
|
|
| Amounts falling due within one year |
13 |
(66,007) |
|
(66,007) |
(49,326) |
| NET CURRENT ASSETS |
|
36,395 |
|
36,395 |
57,050 |
| TOTAL ASSETS LESS CURRENT |
|
|
|
|
|
| LIABILITIES |
|
609,181 |
3,005 |
612,186 |
629,522 |
| NET ASSETS |
|
609,181 |
3,005 |
612,186 |
629,522 |
| FUNDS |
14 |
|
|
|
|
| Unrestricted funds |
|
|
|
609,181 |
625,988 |
| Restricted funds |
|
|
|
3,005 |
3,534 |
| TOTAL FUNDS |
|
|
|
612,186 |
629,522 |
|
|
2021 |
2020 |
|
Notes |
£ |
£ |
| Cash flows from operating activities |
|
|
|
| Cash generated from operations |
1 |
(12,288) |
(62,375) |
| Net cash used in operating activities |
|
(12,288) |
(62,375) |
| Cash flows from investing activities |
|
|
|
| Purchase of tangible fixed assets |
|
(8,118) |
(71,976) |
| Purchase of fixed asset investments |
|
(4,667) |
(100,000) |
| Sale of fixed asset investments |
|
4,220 |
|
| Interest received |
|
|
1 |
| Dividends received |
|
2,228 |
|
| Net cash used in investing activities |
|
(6,337) |
(171,975) |
| Change in cash and cash equivalents in |
|
|
|
| the reporting period |
|
(18,625) |
(234,350) |
| Cash and cash equivalents at the |
|
|
|
| beginning of the reporting period |
|
77,989 |
312,339 |
| Cash and cash equivalents at the end of |
|
|
|
| the reporting period |
|
59,364 |
77,989 |
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW
ACTIVITIES |
FROM OPERATING |
|
|
2021 |
2020 |
| Net expenditure for the reporting period (as per the Statement of |
|
|
| Financial Activities) |
(17,336) |
(110,280) |
| Adjustments for: |
|
|
| Depreciation charges |
16,024 |
16,438 |
| (Gain)/losses on investments |
(10,779) |
7,550 |
| Interest received |
|
(1) |
| Dividends received |
(2,228) |
|
| Increase in stocks |
(3,171) |
(241) |
| (Increase)/decrease in debtors |
(11,479) |
5,394 |
| Increase in creditors |
16,681 |
18,765 |
| Net cash used in operations |
(12,288) |
(62,375) |
|
At 1.4.20 |
Cash flow |
At 31.3.21 |
| Net cash |
|
|
|
| Cash at bank and in hand |
77,989 |
(18,625) |
59,364 |
|
77,989 |
(18,625) |
59,364 |
| Total |
77,989 |
(18,625) |
59,364 |
| DONATIONS AND LEGACIES |
|
|
|
2021 |
2020 |
| Donations & gifts |
64,697 |
54,026 |
| Legacies & bequests |
83,080 |
4,120 |
| Members subscriptions and Sponsorship |
19,096 |
15,927 |
| Sundry receipts |
20,621 |
12,394 |
|
187,494 |
86,467 |
| OTHER TRADING ACTIVITIES |
|
|
|
2021 |
2020 |
| Fundraising events |
2,202 |
11,614 |
| Boarding |
30,183 |
88,437 |
| Mewsletter |
37 |
38 |
| Veterinary fees |
487,749 |
473,373 |
|
520,171 |
573,462 |
| 4. |
INVESTMENT INCOME |
|
|
|
|
|
|
|
2021 |
|
2020 |
|
|
|
£ |
|
£ |
|
Other fixed asset invest −Fll
Deposit account interest |
|
2,228 |
|
−1 |
|
|
|
2,228 |
|
1 |
|
Deposit account interest is all UK generated. |
|
|
|
|
| 5. |
CHARITABLE ACTIVITIES COSTS |
|
|
|
|
|
|
|
Support |
|
|
|
|
Direct |
costs(see |
|
|
|
|
Costs |
note |
6) |
Totals |
|
|
£ |
£ |
|
£ |
|
Cat rescue |
72,298 |
|
− |
72,298 |
|
Governance costs |
|
2,150 |
|
2,150 |
|
|
72,298 |
2,150 |
|
74,448 |
| 6. |
SUPPORT COSTS |
|
|
|
|
|
|
|
|
|
Governance |
|
|
|
|
|
costs |
|
|
|
|
|
£ |
|
Investment management costs |
|
|
|
1,108 |
|
Governance costs |
|
|
|
2,150 |
|
|
|
|
|
3,258 |
| TANGIBLE FIXED ASSETS |
|
|
|
|
|
|
Veterinary |
|
|
|
equipment, |
|
Freehold |
|
fixtures |
|
property |
Cattery |
& fittings |
| COST |
|
|
|
| At 1 April 2020 |
487,194 |
180,127 |
120,183 |
| Additions |
|
|
7,618 |
| At 31 March 2021 |
487,194 |
180,127 |
127,801 |
| DEPRECIATION |
|
|
|
| At 1 April 2020 |
65,156 |
142,621 |
106,480 |
| Charge for year |
4,047 |
5,625 |
5,330 |
| At 31 March 2021 |
69,203 |
148,246 |
111,810 |
| NET BOOK VALUE |
|
|
|
| At 31 March 2021 |
417,991 |
31,881 |
15,991 |
| At 31 March 2020 |
422,038 |
37,506 |
13,703 |
|
Fixtures |
|
|
|
and |
|
|
|
fittings |
Ambulance |
Totals |
| COST |
|
|
|
| At 1 April 2020 |
42,147 |
7,750 |
837,401 |
| Additions |
500 |
|
8,118 |
| At 31 March 2021 |
42,647 |
7,750 |
845,519 |
| DEPRECIATION |
|
|
|
| At 1 April 2020 |
35,430 |
7,692 |
357,379 |
| Charge for year |
1,008 |
15 |
16,025 |
| At 31 March 2021 |
36,438 |
7,707 |
373,404 |
| NET BOOK VALUE |
|
|
|
| At 31 March 2021 |
6,209 |
43 |
472,115 |
| At 31 March 2020 |
6,717 |
58 |
480,022 |
| FIXED ASSET INVESTMENTS |
|
|
Listed |
|
investments |
|
£ |
| MARKET VALUE |
|
| At 1 April 2020 |
92,450 |
| Additions |
4,667 |
| Disposals |
(4,220) |
| Revaluations |
10,779 |
| At 31 March 2021 |
103,676 |
| NET BOOK VALUE |
|
| At 31 March 2021 |
103,676 |
| At 31 March 2020 |
92,450 |
| Cost or va |
lu |
ation at 31 March 2021 is represented by: |
|
|
|
|
Listed |
|
|
|
investments |
|
|
|
£ |
| Valuation |
in |
2020 |
(7,550) |
| Valuation |
in |
2021 |
14,720 |
| Cost |
|
|
96,506 |
|
|
|
103,676 |
|
2021 |
2020 |
|
|
£ |
£ |
|
| Cost |
96,506 |
|
, |
|
Fixed asset investments were valued on an open mark |
et basis on 31 March 2021 by Quilter Cheviot. |
|
| 11. |
STOCKS |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Stocks |
17,099 |
13,913 |
|
Work−in−progress |
615 |
630 |
|
|
17,714 |
14,543 |
|
|
|
|
2021 |
2020 |
|
Trade debtors |
|
|
23,743 |
11,628 |
|
Prepayments |
|
|
1,581 |
2,216 |
|
|
|
|
25,324 |
13,844 |
| 13. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
|
|
2021 |
2020 |
|
Trade creditors |
|
|
22,050 |
24,425 |
|
Taxation and social security |
|
|
35,135 |
18,422 |
|
Other creditors |
|
|
8,822 |
6,479 |
|
|
|
|
66,007 |
49,326 |
| 14. |
MOVEMENT IN FUNDS |
|
|
|
|
|
|
|
|
Net |
|
|
|
|
|
movement |
At |
|
|
At |
1.4.20 |
in funds |
31.3.21 |
|
Unrestricted funds |
|
|
|
|
|
General fund |
625,988 |
|
(16,807) |
609,181 |
|
Restricted funds |
|
|
|
|
|
Senior Kitizens |
|
149 |
(22) |
127 |
|
Cat out of the Bag |
|
104 |
(16) |
88 |
|
Donation for Tiger |
|
63 |
(9) |
54 |
|
M & HTaylor |
|
473 |
(71) |
402 |
|
Lemoges Trust |
|
157 |
(23) |
134 |
|
Maternity Unit |
|
1,822 |
(273) |
1,549 |
|
Paddocks |
|
766 |
(115) |
651 |
|
|
|
3,534 |
(529) |
3,005 |
|
TOTAL FUNDS |
629,522 |
|
(17,336) |
612,186 |
| Net movement in funds, included in |
the above are asfollows: |
|
|
|
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
709,893 |
(742,795) |
16,095 |
(16,807) |
| Restricted funds |
|
|
|
|
| Senior Kitizens |
− |
(22) |
|
(22) |
| Cat out of the Bag |
|
(16) |
|
(16) |
| Donation for Tiger |
|
(9) |
|
(9) |
| M & H Taylor |
|
(71) |
− |
(71) |
| Lemoges Trust |
|
(23) |
− |
(23) |
| Maternity Unit |
|
(273) |
|
(273) |
| Paddocks |
|
(115) |
|
(115) |
|
|
(529) |
|
(529) |
| TOTAL FUNDS |
709,893 |
(743,324) |
16,095 |
(17,336) |
|
|
Net |
|
|
|
movement |
At |
|
At 1.4.19 |
in funds |
31.3.20 |
| Unrestricted funds |
|
|
|
| General fund |
735,645 |
(109,657) |
625,988 |
| Restricted funds |
|
|
|
| Senior Kitizens |
175 |
(26) |
149 |
| Cat out of the Bag |
122 |
(18) |
104 |
Donation for Tiger
M & H Taylor |
74
556 |
(11)
(83) |
63
473 |
| Lemoges Trust |
185 |
(28) |
157 |
| Maternity Unit |
2,144 |
(322) |
1,822 |
| Paddocks |
901 |
(135) |
766 |
|
4,157 |
(623) |
3,534 |
| TOTAL FUNDS |
739,802 |
(110,280) |
629,522 |
| Comparative net movement in funds |
, included in the above are as |
follows: |
|
|
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
659,930 |
(762,037) |
(7,550) |
(109,657) |
| Restricted funds |
|
|
|
|
| Senior Kitizens |
|
(26) |
|
(26) |
| Cat out of the Bag |
|
(18) |
|
(18) |
| Donation for Tiger |
|
(11) |
|
(11) |
| M & H Taylor |
|
(83) |
− |
(83) |
| Lemoges Trust |
− |
(28) |
− |
(28) |
| Maternity Unit |
− |
(322) |
− |
(322) |
| Paddocks |
− |
(135) |
|
(135) |
|
|
(623) |
|
(623) |
| TOTAL FUNDS |
659,930 |
(762,660) |
(7,550) |
(110,280) |
| A current year 12 months and prior year 12 m |
onths combined position is as follows |
: |
|
|
|
Net |
|
|
|
movement |
At |
|
At 1.4.19 |
in funds |
31.3.21 |
| Unrestricted funds |
|
|
|
| General fund |
735,645 |
(126,464) |
609,181 |
| Restricted funds |
|
|
|
| Senior Kitizens |
175 |
(48) |
127 |
| Cat out of the Bag |
122 |
(34) |
88 |
| Donation for Tiger |
74 |
(20) |
54 |
| M & H Taylor |
556 |
(154) |
402 |
| Lemoges Trust |
185 |
(51) |
134 |
| Maternity Unit |
2,144 |
(595) |
1,549 |
| Paddocks |
901 |
(250) |
651 |
|
4,157 |
(1,152) |
3,005 |
| TOTAL FUNDS |
739,802 |
(127,616) |
612,186 |
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
1,369,823 |
(1,504,832) |
8,545 |
(126,464) |
| Restricted funds |
|
|
|
|
| Senior Kitizens |
|
(48) |
|
(48) |
| Cat out of the Bag |
|
(34) |
|
(34) |
| Donation for Tiger |
|
(20) |
|
(20) |
| M & H Taylor |
|
(154) |
|
(154) |
| Lemoges Trust |
|
(51) |
|
(51) |
| Maternity Unit |
|
(595) |
|
(595) |
| Paddocks |
|
(250) |
|
(250) |
|
|
(1,152) |
|
(1,152) |
| TOTAL FUNDS |
1,369,823 |
(1,505,984) |
8,545 |
(127,616) |
Detailed Statement o f Financial Activities
for the Year Ended 31 March 2021 |
|
|
|
2021 |
2020 |
| INCOME AND ENDOWMENTS |
|
|
| Donations and legacies |
|
|
| Donations & gifts |
64,697 |
54,026 |
| Legacies & bequests |
83,080 |
4,120 |
| Members subscriptions and Sponsorship |
19,096 |
15,927 |
| Sundry receipts |
20,621 |
12,394 |
|
187,494 |
86,467 |
| Other trading activities |
|
|
| Fundraising events |
2,202 |
11,614 |
| Boarding |
30,183 |
88,437 |
| Mewsletter |
37 |
38 |
| Veterinary fees |
487,749 |
473,373 |
|
520,171 |
573,462 |
| Investment income |
|
|
| Other fixed asset invest −Fl I |
2,228 |
|
| Deposit account interest |
|
1 |
|
2,228 |
1 |
| Total incoming resources |
709,893 |
659,930 |
| EXPENDITURE |
|
|
| Raising donations and legacies |
|
|
| Wages |
112,881 |
112,009 |
| Social security |
5,030 |
5,386 |
| Pensions |
1,986 |
2,107 |
| Water & council tax |
1,650 |
4,785 |
| Insurance |
3,541 |
3,165 |
| Light and heat |
10,647 |
12,924 |
| Telephone |
2,835 |
3,103 |
| Postage and stationery |
959 |
1,232 |
| Sundries |
278 |
2,365 |
| Freehold property |
4,047 |
4,047 |
| Depn of cattery |
5,623 |
6,619 |
| Depn of veterinary equipment, fixtures & fittings |
5,330 |
4,568 |
| Fixtures and fittings |
1,009 |
1,185 |
| Depn of ambulance |
15 |
19 |
|
155,831 |
163,514 |
| Other trading activities |
|
|
| Food & litter |
2,345 |
7,825 |
| Wages |
274,380 |
275,486 |
| Carried forward |
276,725 |
283,311 |
Detailed Statement of Financial Activities
for the Year Ended 31 March 2021 |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Other trading activities |
|
|
| Brought forward |
276,725 |
283,311 |
| Social security |
19,004 |
17,648 |
| Pensions |
4,300 |
3,820 |
| Veterinary supplies |
160,160 |
165,811 |
| Light & heat |
3,115 |
4,501 |
| Advertising |
|
225 |
| Cleaning |
1,378 |
1,739 |
| Sundries |
3,290 |
2,900 |
| Repairs |
15,701 |
14,585 |
| Legal & professional |
|
184 |
| Postage & stationery |
3,221 |
1,763 |
| Insurance |
2,954 |
2,944 |
| Computer expenses |
2,456 |
2,796 |
|
492,304 |
502,227 |
| Charitable activities |
|
|
| Food & litter |
16,105 |
16,469 |
| Vet & medical |
55,373 |
49,726 |
| Cleaning |
820 |
937 |
|
72,298 |
67,132 |
| Other |
|
|
| Property repairs & maintenance |
4,370 |
6,474 |
| Repairs & renewals |
1,906 |
5,682 |
| Rubbish removal |
5,004 |
6,400 |
| Ambulance expenses |
1,092 |
1,222 |
| Bank charges |
5,216 |
5,062 |
| Bad debts |
(55) |
(14) |
| Misc. fundraising costs |
− |
120 |
| Computer expenses |
2,100 |
2,029 |
|
19,633 |
26,975 |
| Support costs |
|
|
| Governance costs |
|
|
| Accountancy |
2,150 |
2,150 |
| Legal & professional |
|
662 |
| Stockbroker fees |
_
1,108 |
|
|
3,258 |
2,812 |
| Total resources expended |
743,324 |
762,660 |
| Net expenditure |
(33,431) |
(102,730) |