This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2022-03-31-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 o f Financial Activities |
18 |
to |
19 |
|
|
|
|
2022 |
2021 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
fund |
funds |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
| INCOME AND ENDOWMENTS FROM |
|
|
|
|
|
| Donations and legacies |
2 |
182,310 |
|
182,310 |
187,494 |
| Other trading activities |
3 |
628,048 |
|
628,048 |
520,171 |
| Investment income |
4 |
2,400 |
|
2,400 |
2,228 |
| Total |
|
812,758 |
|
812,758 |
709,893 |
| EXPENDITURE ON |
|
|
|
|
|
| Raising funds |
|
703,516 |
603 |
704,119 |
649,243 |
| Charitable activities |
5 |
|
|
|
|
| Cat rescue |
|
71,488 |
|
71,488 |
72,298 |
| Governance costs |
|
3,384 |
|
3,384 |
2,150 |
| Other |
|
20,200 |
|
20,200 |
19,633 |
| Total |
|
798,588 |
603 |
799,191 |
743,324 |
| Net gains on investments |
|
5,775 |
|
5,775 |
16,095 |
| NET INCOME/(EXPENDITURE) |
|
19,945 |
(603) |
19,342 |
(17,336) |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
| Total funds brought forward |
|
609,181 |
3,005 |
612,186 |
629,522 |
| TOTAL FUNDS CARRIED FORWARD |
|
629,126 |
2,402 |
631,528 |
612,186 |
|
|
|
|
2022 |
2021 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
fund |
funds |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
| FIXED ASSETS |
|
|
|
|
|
| Tangible assets |
9 |
457,608 |
2,402 |
460,010 |
472,115 |
| Investments |
10 |
99,594 |
− |
99,594 |
103,676 |
|
|
557,202 |
2,402 |
559,604 |
575,791 |
| CURRENT ASSETS |
|
|
|
|
|
| Stocks |
11 |
11,718 |
− |
11,718 |
17,714 |
| Debtors |
12 |
17,161 |
|
17,161 |
25,324 |
| Cash at bank and in hand |
|
97,303 |
|
97,303 |
59,364 |
|
|
126,182 |
− |
126,182 |
102,402 |
| CREDITORS |
|
|
|
|
|
| Amounts falling due within one year |
13 |
(54,258) |
|
(54,258) |
(66,007) |
| NET CURRENT ASSETS |
|
71,924 |
|
71,924 |
36,395 |
| TOTAL ASSETS LESS CURRENT |
|
|
|
|
|
| LIABILITIES |
|
629,126 |
2,402 |
631,528 |
612,186 |
| NET ASSETS |
|
629,126 |
2,402 |
631,528 |
612,186 |
| FUNDS |
14 |
|
|
|
|
| Unrestricted funds |
|
|
|
629,126 |
609,181 |
| Restricted funds |
|
|
|
2,402 |
3,005 |
| TOTAL FUNDS |
|
|
|
631,528 |
612,186 |
|
|
2022 |
2021 |
|
Notes |
£ |
£ |
| Cash flows from operating activities |
|
|
|
| Cash generated from operations |
1 |
28,113 |
(12,288) |
| Net cash provided by/(used in) operating activities |
|
28,113 |
(12,288) |
| Cash flows from investing activities |
|
|
|
| Purchase of tangible fixed assets |
|
(2,431) |
(8,118) |
| Purchase o f fixed asset investments |
|
(1,599) |
(4,667) |
| Sale of fixed asset investments |
|
11,456 |
4,220 |
| Dividends received |
|
2,400 |
2,228 |
| Net cash provided by/(used in) investing activities |
|
9,826 |
(6,337) |
| Change in cash and cash equivalents in |
|
|
|
| the reporting period |
|
37,939 |
(18,625) |
| Cash and cash equivalents at the |
|
|
|
| beginning of the reporting period |
|
59,364 |
77,989 |
| Cash and cash equivalents at the end of |
|
|
|
| the reporting period |
|
97,303 |
59,364 |
RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET C
OPERATING ACTIVITIES |
ASH FLOW FROM |
|
|
2022 |
2021 |
| Net income/(expenditure) for the reporting period (as per the |
|
|
| Statement of Financial Activities) |
19,342 |
(17,336) |
| Adjustments for: |
|
|
| Depreciation charges |
14,405 |
16,024 |
| Gain on investments |
(5,775) |
(10,779) |
| Loss on disposal of fixed assets |
131 |
|
| Dividends received |
(2,400) |
(2,228) |
| Decrease/(increase) in stocks |
5,996 |
(3,171) |
| Decrease/(increase) in debtors |
8,163 |
(11,479) |
| (Decrease)/increase in creditors |
(11,749) |
16,681 |
| Net cash provided by/(used in) operations |
28,113 |
(12,288) |
|
At 1.4.21 |
Cash flow |
At 31.3.22 |
| Net cash |
|
|
|
| Cash at bank and in hand |
59,364 |
37,939 |
97,303 |
|
59,364 |
37,939 |
97,303 |
| Total |
59,364 |
37,939 |
97,303 |
| 2. |
DONATIONS AND LEGACIES |
|
|
|
|
2022 |
2021 |
|
Donations & gifts |
119,525 |
64,697 |
|
Legacies & bequests |
29,506 |
83,080 |
|
Members subscriptions and Sponsorship |
17,777 |
19,096 |
|
Sundry receipts |
15,502 |
20,621 |
|
|
182,310 |
187,494 |
| 3. |
OTHER TRADING ACTIVITIES |
|
|
|
|
2022 |
2021 |
|
Fundraising events |
7,073 |
2,202 |
|
Boarding |
65,645 |
30,183 |
|
Mewsletter |
33 |
37 |
|
Veterinary fees |
555,297 |
487,749 |
|
|
628,048 |
520,171 |
| 4. |
INVESTMENT INCOME |
|
|
|
|
2022 |
2021 |
|
Other fixed asset invest −Fll |
2,400 |
2,228 |
|
Deposit account interest is all UK generated. |
|
|
| CHARITABLE ACTIVITIES COSTS |
|
|
|
|
|
|
Support |
|
|
|
Direct |
costs |
(see |
|
|
Costs |
note |
6) |
Totals |
|
£ |
£ |
|
£ |
| Cat rescue |
71,488 |
|
− |
71,488 |
| Governance costs |
− |
3,384 |
|
3,384 |
|
71,488 |
3,384 |
|
74,872 |
| SUPPORT COSTS |
|
|
|
|
|
|
|
|
Governance |
|
|
|
|
costs |
|
|
|
|
£ |
| Governance costs |
|
|
|
3,384 |
| TANGIBLE FIXED ASSETS |
|
|
|
|
|
|
Veterinary |
|
|
|
equipment, |
|
Freehold |
|
fixtures |
|
property |
Cattery |
& fittings |
| COST |
|
|
|
| At 1 April 2021 |
487,194 |
180,127 |
127,801 |
| Additions |
|
|
1,356 |
| Disposals |
|
|
|
| At 31 March 2022 |
487,194 |
180,127 |
129,157 |
| DEPRECIATION |
|
|
|
| At! April 2021 |
69,203 |
148,246 |
111,810 |
| Charge for year |
4,048 |
4,935 |
4,337 |
| Eliminated on disposal |
|
− |
− |
| At 31 March 2022 |
73,251 |
153,181 |
116,147 |
| NET BOOK VALUE |
|
|
|
| At 31 March 2022 |
413,943 |
26,946 |
13,010 |
| At 31 March 2021 |
417,991 |
31,881 |
15,991 |
|
Fixtures |
|
|
|
and |
|
|
|
fittings |
Ambulance |
Totals |
| COST |
|
|
|
| At 1 April 2021 |
42,647 |
7,750 |
845,519 |
| Additions |
1,075 |
− |
2,431 |
| Disposals |
(250) |
|
(250) |
| At 31 March 2022 |
43,472 |
7,750 |
847,700 |
| DEPRECIATION |
|
|
|
| At 1 April 2021 |
36,438 |
7,707 |
373,404 |
| Charge for year |
1,074 |
11 |
14,405 |
| Eliminated on disposal |
(119) |
− |
(119) |
| At 31 March 2022 |
37,393 |
7,718 |
387,690 |
| NET BOOK VALUE |
|
|
|
| At 31 March 2022 |
6,079 |
32 |
460,010 |
| At 31 March 2021 |
6,209 |
43 |
472,115 |
| FIXED ASSET INVESTMENTS |
|
|
Listed |
|
investments |
|
£ |
| MARKET VALUE |
|
| At 1 April 2021 |
103,676 |
| Additions |
1,599 |
| Disposals |
(11,456) |
| Revaluations |
5,775 |
| At 31 March 2022 |
99,594 |
| NET BOOK VALUE |
|
| At 31 March 2022 |
99,594 |
| At 31 March 2021 |
103,676 |
|
|
|
Listed |
|
|
|
investments |
|
|
|
£ |
| Valuation |
in |
2020 |
(7,550) |
| Valuation |
in |
2021 |
14,720 |
| Valuation |
in |
2022 |
4,583 |
| Cost |
|
|
87,841 |
|
|
|
99,594 |
|
|
2022 |
2021 |
|
|
£ |
£ |
|
Cost |
87,841 |
96,506 |
|
Fixed asset investments were valued on an open market basis on 31 March 2022 by Quilter Cheviot. |
|
|
| 11. |
STOCKS |
|
|
|
|
2022 |
2021 |
|
|
£ |
£ |
|
Stocks |
11,148 |
17,099 |
|
Work−in−progress |
570 |
615 |
|
|
11,718 |
17,714 |
| 12. |
DEBTORS: AMOUNTS FALLING DUE W |
ITHIN ONE YEAR |
|
|
|
|
|
|
|
2022 |
2021 |
|
Trade debtors |
|
|
14,936 |
23,743 |
|
Other debtors |
|
|
132 |
|
|
Prepayments |
|
|
2,093 |
1,581 |
|
|
|
|
17,161 |
25,324 |
| 13. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
|
|
2022 |
2021 |
|
Trade creditors |
|
|
22,479 |
22,050 |
|
Taxation and social security |
|
|
24,985 |
35,135 |
|
Other creditors |
|
|
6,794 |
8,822 |
|
|
|
|
54,258 |
66,007 |
| 14. |
MOVEMENT IN FUNDS |
|
|
|
|
|
|
|
|
Net |
|
|
|
|
|
movement |
At |
|
|
At |
1.4.21 |
in funds |
31.3.22 |
|
Unrestricted funds |
|
|
|
|
|
General fund |
609,181 |
|
19,945 |
629,126 |
|
Restricted funds |
|
|
|
|
|
Senior Kitizens |
|
127 |
(26) |
101 |
|
Cat out of the Bag |
|
88 |
(18) |
70 |
|
Donation for Tiger |
|
54 |
(11) |
43 |
|
M & H Taylor |
|
402 |
(81) |
321 |
|
Lemoges Trust |
|
134 |
(27) |
107 |
|
Maternity Unit |
|
1,549 |
(310) |
1,239 |
|
Paddocks |
|
651 |
(130) |
521 |
|
|
|
3,005 |
(603) |
2,402 |
|
TOTAL FUNDS |
612,186 |
|
19,342 |
631,528 |
| 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 |
812,758 |
(798,588) |
5,775 |
19,945 |
| Restricted funds |
|
|
|
|
| Senior Kitizens |
|
(26) |
|
(26) |
| Cat out o f the Bag |
|
(18) |
|
(18) |
| Donation for Tiger |
|
(11) |
|
(11) |
| M & H Taylor |
|
(81) |
|
(81) |
| Lemoges Trust |
|
(27) |
|
(27) |
| Maternity Unit |
|
(310) |
|
(310) |
| Paddocks |
|
(130) |
|
(130) |
|
|
(603) |
|
(603) |
| TOTAL FUNDS |
812,758 |
(799,191) |
5,775 |
19,342 |
| Comparatives for 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 |
|
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 1.4.20 |
in funds |
31.3.22 |
| Unrestricted funds |
|
|
|
| General fund |
625,988 |
3,138 |
629,126 |
| Restricted funds |
|
|
|
| Senior Kitizens |
149 |
(48) |
101 |
| Cat out of the Bag |
104 |
(34) |
70 |
| Donation for Tiger |
63 |
(20) |
43 |
| M & H Taylor |
473 |
(152) |
321 |
| Lemoges Trust |
157 |
(50) |
107 |
| Maternity Unit |
1,822 |
(583) |
1,239 |
| Paddocks |
766 |
(245) |
521 |
|
3,534 |
(1,132) |
2,402 |
| TOTAL FUNDS |
629,522 |
2,006 |
631,528 |
A current year 12 months and prio
asfollows: |
r year 12 months combined |
net movement in fu |
nds, included i |
n the above a |
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
1,522,651 |
(1,541,383) |
21,870 |
3,138 |
| Restricted funds |
|
|
|
|
| Senior Kitizens |
|
(48) |
|
(48) |
| Cat out of the Bag |
|
(34) |
|
(34) |
| Donation for Tiger |
|
(20) |
|
(20) |
| M & H Taylor |
|
(152) |
|
(152) |
| Lemoges Trust |
|
(50) |
|
(50) |
| Maternity Unit |
|
(583) |
|
(583) |
| Paddocks |
|
(245) |
|
(245) |
|
|
(1,132) |
|
(1,132) |
| TOTAL FUNDS |
1,522,651 |
(1,542,515) |
21,870 |
2,006 |
Detailed Statement of Financial Activities
for the Year Ended 31 March 2022 |
|
|
|
2022 |
2021 |
| INCOME AND ENDOWMENTS |
|
|
| Donations and legacies |
|
|
| Donations & gifts |
119,525 |
64,697 |
| Legacies & bequests |
29,506 |
83,080 |
| Members subscriptions and Sponsorship |
17,777 |
19,096 |
| Sundry receipts |
15,502 |
20,621 |
|
182,310 |
187,494 |
| Other trading activities |
|
|
| Fundraising events |
7,073 |
2,202 |
| Boarding |
65,645 |
30,183 |
| Mewsletter |
33 |
37 |
| Veterinary fees |
555,297 |
487,749 |
|
628,048 |
520,171 |
| Investment income |
|
|
| Other fixed asset invest −FII |
2,400 |
2,228 |
| Total incoming resources |
812,758 |
709,893 |
| EXPENDITURE |
|
|
| Raising donations and legacies |
|
|
| Wages |
123,602 |
112,881 |
| Social security |
6,710 |
5,030 |
| Pensions |
2,366 |
1,986 |
| Water & council tax |
1,003 |
1,650 |
| Insurance |
3,813 |
3,541 |
| Light and heat |
12,014 |
10,647 |
| Telephone |
2,599 |
2,835 |
| Postage and stationery |
378 |
959 |
| Sundries |
633 |
278 |
| Freehold property |
4,047 |
4,047 |
| Depn of cattery |
4,937 |
5,623 |
| Depn of veterinary equipment, fixtures & fittings |
4,337 |
5,330 |
| Fixtures and fittings |
1,073 |
1,009 |
| Depn of ambulance |
11 |
15 |
| Loss on sale of tangible fixed assets |
131 |
|
|
167,654 |
155,831 |
| Other trading activities |
|
|
| Food & litter |
2,535 |
2,345 |
| Wages |
302,256 |
274,380 |
| Social security |
21,398 |
19,004 |
| Pensions |
4,645 |
4,300 |
| Carried forward |
330,834 |
300,029 |
Detailed Statement of Financial Activities
for the Year Ended 31 March 2022 |
|
|
|
2022 |
2021 |
| Other trading activities |
|
|
| Brought forward |
330,834 |
300,029 |
| Veterinary supplies |
181,085 |
160,160 |
| Light & heat |
4,107 |
3,115 |
| Cleaning |
1,397 |
1,378 |
| Sundries |
3,345 |
3,290 |
| Repairs |
4,484 |
15,701 |
| Postage & stationery |
3,566 |
3,221 |
| Insurance |
2,846 |
2,954 |
| Computer expenses |
2,283 |
2,456 |
| Bad debts |
2,518 |
|
|
536,465 |
492,304 |
| Charitable activities |
|
|
| Food & litter |
17,921 |
16,105 |
| Vet & medical |
52,940 |
55,373 |
| Cleaning |
627 |
820 |
|
71,488 |
72,298 |
| Other |
|
|
| Property repairs & maintenance |
3,432 |
4,370 |
| Repairs & renewals |
910 |
1,906 |
| Rubbish removal |
6,001 |
5,004 |
| Ambulance expenses |
928 |
1,092 |
| Bank charges |
6,526 |
5,216 |
| Bad debts |
|
(55) |
| Misc. fundraising costs |
261 |
|
| Computer expenses |
2,142 |
2,100 |
|
20,200 |
19,633 |
| Support costs |
|
|
| Governance costs |
|
|
| Accountancy |
2,205 |
2,150 |
| Stockbroker fees |
1,179 |
1,108 |
|
3,384 |
3,258 |
| Total resources expended |
799,191 |
743,324 |
| Net income/(expenditure) |
13,567 |
(33,431) |