|||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 & **H**Taylor||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)|