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2024-04-30-accounts

Registered Charity Number: 702888

Report of the Trustees and Unaudited Financial Statements for the Year Ended 30 April 2024 for The Vale Wildlife Hospital & Rehabilitation Centre

PBT Accountancy Ltd 282 Hatherley Road Cheltenham GL51 6HR

Contents Page
Company Information 1
Trustee's Report 2 - 7
Accountant's Report 8
Statement of Financial Activities 9
Balance Sheet 10
Cash Flow Statement 11
Notes to the Cash Flow Statement 12
Notes to the Financial Statements 13 -18
Detailed Statement of Financial Activities 19 -20

Charity Number 702888 Accountants PBT Accountancy Ltd 282 Hatherley Road Cheltenham GL51 6HR

The Vale Wildlife Hospital & Rehabilitation Centre Report of the Trustees for the Year Ended 30 April 2024

The Trustees are pleased to present their report together with the financial statement of the charity for the year ended 30 April 2024.

REFERENCE AND ADMINISTRATION INFORMATION

Charity name Vale Wildlife Hospital & Rehabilitation Centre
Alternative names Vale Wildlife Hospital
VWH
Registered Charity Number 702888
Principal address and registered office Station Road, Beckford, Tewkesbury GL20 7AN
Trustees Mr Gary Lockwood
Mrs Sally Lockwood
Mrs Maggie Chapman-Smith
Mr Tony Nevin
Founder Mrs Caroline Gould
Managers Mr Dean Harrison
Mr Martin Brookes
Veterinary Surgeons Mrs Heidi Hargreaves BVSc MRCVS
Mr Christopher Lloyd BSc MRCVS (Locum)
Accountants PBT Accountancy Ltd 282 Hatherley Road Cheltenham
GL51 6HR
Bankers The Co-operative Bank plc PO Box 101
1 Balloon Street Manchester M60 4EP
CAF Bank Ltd 25 Kings Hill West Malling Kent
ME19 4JQ

Page | 1

The Vale Wildlife Hospital & Rehabilitation Centre Report of the Trustees for the Year Ended 30 April 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

Vale Wildlife Hospital & Rehabilitation Centre is a registered charity constituted under a Deed of trust (Dated 1[st] May 1990). Registered charity number 702888.

Governance

The Charity is governed by the Trustees and meetings are held as and when required, but at least annually. Additional Trustees are appointed by the existing Trustees. All newly appointed and existing trustees are reminded regularly of their responsibilities.

Trustees

Trustees remain in post until they opt to retire from the role or are removed by a resolution approved by at least two thirds of the remaining trustees. New trustees are approved and appointed by existing trustees and are drawn from supporters or volunteers of the charity usually by recommendation of existing trustees or managers.

All trustees give their time voluntarily and receive no remuneration or benefit. All trustees upon appointment sign a declaration of eligibility, conflict of interest policy and a code of conduct including the charity safeguarding policy.

Risk management

The Trustees have identified the major risks which face the charity and are satisfied that systems are in place to mitigate the effect of those risks. These matters are kept under regular review.

Policies

All care staff operate under the supervision and instruction of our resident vet Mrs Heidi Hargreaves BVSc MRCVS and receive training appropriate to their role.

The charity has policies in the respect of; Anti Bullying and Harassment policy, Child Safeguarding policy, CCTV, Complaints Policy, Disclosure of Malpractice in the Workplace (Whistle blower) policy, Controlled drug handling, Discipline and grievance, Equality and Diversity, Environmental and Sustainability, Health and Safety, Infections Control, Biosecurity, Lone working, Social Media, Mental Health, Safeguarding, Staff Code of Conduct, Trustee, Staff and Volunteer handbooks.

Page | 2

The Vale Wildlife Hospital & Rehabilitation Centre Report of the Trustees for the Year Ended 30 April 2024

Organisation

The trustees meet on an approximately quarterly basis to discuss the affairs and management of the charity. The trustees are happy to leave the day to day running of the charity to its Founder Caroline Gould, hospital manager Dean Harrison and assistant hospital manager Vic Hurr. In the event of any need to acquire capital items, this is presented to the trustees for their decision.

The aims and objectives of the charity carried out for the public benefit continue to be:

The trustees confirm that they have referred to the guidance contained in the Charity Commission’s

general guidance on public benefit when reviewing the charities’ current and future activities. The charity carries out these objects by:

Page | 3

The Vale Wildlife Hospital & Rehabilitation Centre Report of the Trustees for the Year Ended 30 April 2024

SIGNIFICANT EVENTS:

----- Start of picture text -----
2023 admissions
HEDGEHOG,
1,960, 25%
Other, 4769,
62%
WOODPIGEON,
1,011, 13%
HEDGEHOG WOODPIGEON Other
----- End of picture text -----

Page | 4

The Vale Wildlife Hospital & Rehabilitation Centre Report of the Trustees for the Year Ended 30 April 2024

Total income for the year was 2024 £786,153 2023 £898,504 % change -12.5%
Expenses for the year were 2024 £919,443 2023 £730,525 % change +25.8%

This gives a deficit of £-133,290 for the year after a £167,979 surplus in 2023 which is a -180% change

Initial observations:

Overall income this year was £112,351 less than the previous year, very notably income from legacies was £116,125 less than the previous year. Legacies are probably the least predictable and most erratic income stream we receive but can quite clearly make a simply massive difference to a small charity and we are extremely grateful to all the support and their families who make the choice to leave a gift of any size to the charity.

Expenses this year increased across the board, as is to be expected, however utilities or more specifically electricity costs leapt by a staggering £40,000 or approx. 290% this alone has resulted in a very significant and ongoing funding shortfall this financial year.

Payroll costs now account for around 72% of the charity’s expenses. As the charity continues to expand and treats more and more patients so more care and support staff are required to support the smooth running of the hospital and to ensure high standards are maintained. Individual staff costs are low with all care, shop and support staff on a wage slightly over the minimum legal wage and the Management team and veterinary team on a wage far less than would be expected in private practice.

Page | 5

The Vale Wildlife Hospital & Rehabilitation Centre Report of the Trustees for the Year Ended 30 April 2024

Our staff are our biggest asset, the skills and dedication of our hardworking people, regardless of their role, are the backbone and lifeblood of the hospital. Every one of them plays a vital role in the day-today operation of the whole organisation.

Major sources of income for the year:

----- Start of picture text -----
Donations Inc Legacies 2024 £243,526 2023 £410,522 % change -40%
Charity shop takings (Evesham) 2024 £176,026 2023 £185,470 % change -5%
Membership 2024 £95,273 2023 £83,492 % change +14%
Charity shop takings (Tewkesbury) 2024 £78,914 2023 £83,797 % change -6%
Sale of Goods 2024 £74,956 2023 £52,181 % change +43%
Educational Courses 2024 £50,729 2023 £18,499 % change +174%
Open Day 2024 £21,578 2023 £18,889 % change +14%
All other INCOME
income
6%
Donations Inc
Open Day Legacies
3% 31%
Educational
Courses
6%
Sale of Goods
10%
Charity shop Charity shop
takings takings
(Tewkesbury) (Evesham)
Membership 22%
12%
Major expenses for the year:
Wages and employment costs 2024 £660,716 2023 £572,620 % change +15%
Utilities 2024 £54,107 2023 £13,738 % change +294%
Veterinary expenses 2024 £27,909 2023 £19,562 % change +43%
Food stuffs 2024 £19,562 2023 £14,027 % change +39%
Charity shop expenses (Evesham) 2024 £21,311 2023 £23,120 % change -8%
Charity shop expenses (Tewkesbury) 2024 £13,325 2023 £21,127 % change -37%
ses
Page | 6
----- End of picture text -----

The Vale Wildlife Hospital & Rehabilitation Centre Report of the Trustees for the Year Ended 30 April 2024

----- Start of picture text -----
Expenditure
All other expenses
Veterinary
13%
expenses
3%
— a
Utilities
6% Food stuffs
2%
Staff costs
72%
Charity shop
Charity shop
expenses
&e- expenses (Evesham)
(Tewkesbury)
2%
2%
ni
The trustees have not adopted a policy on the Revaluation of fixed assets and on this basis, Land is
disclosed at cost on the balance sheet and in Note 5 and amounts to £7,676.
----- End of picture text -----

However, in the opinion of the trustees, if the land were to be re-valued is value would have increased however in the current financial climate it is very difficult to estimate a value. The trustees feel that it would not be in the best interest of the charity to have the land professionally valued as the charities cash resources could be better used elsewhere.

In summary

This has been yet another extremely successful year for the charity in many ways, we continue to grow and develop both in terms of patients helped but also the education of veterinary and wildlife care professionals as well as the public.

We are immensely proud of the way our staff and volunteers keep the hospital operating 24 hours a day 7 days a week. The challenges have been many and varied but the ability of the staff and volunteers to adapt and the resilience they have shown has been a credit to them all.

The financial shortfall we have seen this year is however extremely worrying and has resulted in the trustees shelving planned projects and unfortunately the decision to make redundancies in our maintenance department which in turn increases the pressure on our animal care staff and volunteers as they absorb those duties on top of their own.

We continue to seek out new funding opportunities to meet our monthly costs of over £76,620 however this become extremely challenging and the trustees continue to monitor spending carefully.

Page | 7

The Vale Wildlife Hospital & Rehabilitation Centre Report of the Trustees for the Year Ended 30 April 2024

Future Plans:

Reserves Policy:

Financial reserves are necessary to support the charity in case of difficulty. However, the charity is solely reliant upon donations, charity shop income, fundraising and legacies to maintain a sufficient reserve level. At the end of the year the charity held sufficient reserves to continue for over 7 months.

Related Parties:

There are no related party transactions accountable for within the charity.

Assets

No assets are held on behalf of any other person or organisation.

Page | 8

The Vale Wildlife Hospital & Rehabilitation Centre Report of the Trustees for the Year Ended 30 April 2024

TRUSTEE RESPONSIBILITIES

Charity law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of the affairs of the charity and of surplus or deficit for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at the time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charity Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

For and on behalf of the Trustees of

Vale Wildlife Hospital and Rehabilitation Centre

Maggie Chapman-Smith, Trustee

Date:

Page | 9

The Vale Wildlife Hospital & Rehabilitation Centre Report of the Accountant for the Year Ended 30 April 2024

Report of the Accountant to the members of Vale Wildlife Hospital & Rehabilitation Centre

These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Charities Act 2011 that relate to preparing the financial activities of the charity for the year ended 30 April 2023.

We have prepared these based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.

We have no concerns and have come across no matters in connection to which the attention should be drawn to this report to enable a proper understanding of the accounts to be reached

Signed

08[th] November 2024 PBT Accountancy Ltd 282 Hatherley Road Cheltenham GL51 6HR

Page | 10

The Vale Wildlife Hospital & Rehabilitation Centre Statement of Financial Activities for the Year Ended 30 April 2024

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Other trading activities
3
Investment income
4
Total
EXPENDITURE ON
Raising funds
5
Charitable activities
General charitable activities
6
Other
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
30/04/2024
Unrestricted
fund
£
30/04/2023
Unrestricted
fund
£
338798
410522
425313
460665
20544
10066
784655
881252
17014
20886
971570
728654
0
0
988584
749541
(203929)
131712
881502
749790
677573
881502

Page | 11

The Vale Wildlife Hospital & Rehabilitation Centre Balance Sheet for the Year Ended 30 April 2024

Notes
FIXED ASSETS
Tangible assets
11
CURRENT ASSETS
Stocks
Cash at bank andinhand
CREDITORS
Amounts falling due within one
year
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
Unrestricted funds
14
TOTAL FUNDS
12
13
30/04/2024
Unrestricted
fund
£
129026
20000
544745
30/04/2023
Unrestricted
fund
£
180867
19500
695617
564745
-5274
715117
-6391
559471 889593
889593
889593
889593
708726
688497
688497
688497
688497

The financial statements were approved by the Board of Trustees and authorised for issues on 08[th] November 2024 and were signed on its behalf by:

….......................................................

Mr Gary Lockwood

Page | 12

The Vale Wildlife Hospital & Rehabilitation Centre Cashflow Statement for the Year Ended 30 April 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash used in investing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning
of the reporting period
Cash and cash equivalents at the end of the
reporting period
30/04/2024
£
30/04/2023
£
(141237)
148819
(141237)
148819
-21589
-71484
11954
2908
(9635)
-68576
(150872)
80243
695617
615374
544745
695617

Page | 13

The Vale Wildlife Hospital & Rehabilitation Centre Notes to the Cashflow Statement

for the Year Ended 30 April 2024

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

30/04/2024 30/04/2023
£ £
Net income for the reporting period
(as per the Statement of Financial (203929) 131712
Activities)
Adjustments for:
Depreciation charges 73429 19307
Interest received (11654) -2908
Decrease/(increase) in stocks 0 500
Change in creditors
(8718)
208
Net cash provided by operations
(150872) 148819
2. ANALYSIS OF CHANGES IN NET
FUNDS
At 30/04/23 Cash flow At 30/04/24
£ £ £
Net cash
Cash at bank and in hand 695617 -150872 544745
Total 695617 -150872 544745

Page | 14

4

The Vale Wildlife Hospital & Rehabilitation Centre Notes to the Financial Statements for the Year Ended 30 April 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property in accordance with the property Plant and Machinery 25% on cost Motor Vehicles 25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Page | 15

4

The Vale Wildlife Hospital & Rehabilitation Centre Notes to the Financial Statements for the Year Ended 30 April 2024

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES

Gifts
Donations
Gift aid
Legacies
Grants received, included in the above, are as follows:
Other grants
3. OTHER TRADING ACTIVITIES
Shop income
Collections & events
RSPCA Donation
Sale of goods
4. INVESTMENT INCOME
Rents received
Deposit account interest
30/04/2024
30/04/2023
£
£
0
2750
79023
93725
134526
167946
125249
146101
338798
410522
30/04/2024
30/04/2023
£
£
0
28808
30/04/2024
30/04/2023
£
£
254941
269268
84317
107876
11099
18005
74956
36708
425313
431857
30/04/2024
30/04/2023
£
£
8890
7158
11654
2908
20544
10066

Page | 16

4

The Vale Wildlife Hospital & Rehabilitation Centre Notes to the Financial Statements for the Year Ended 30 April 2024

5. RAISING FUNDS Other trading activities

5. RAISING FUNDS
Other trading activities
Licensing
Car boot expenses
Other expenses
Open day expenses
Shop expenses
30/04/2024
30/04/2023
£
£
695
371
864
0
0
0
1817
2085
13638
18431
17014
20886

6. CHARITABLE ACTIVITIES COSTS

General charitable activities

Direct Support costs Totals
Costs (see note 7)
£ £ £
969183 2387 971570

7. SUPPORT COSTS

7. SUPPORT COSTS
Governance
costs
£
General charitable activities 2387

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 April 2024 nor for the year ended 30 April 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 April 2024 nor for the year ended 30 April 2023

9. STAFF COSTS

Wages and salaries
Other pension costs
30/04/2024
30/04/2023
631934
548308
28783
24313
660717
572621

The average monthly number of employees during the year was as follows:

Management
General staff
30/04/2024
30/04/2023
5
5
30
30
35
35

Page | 17

4

The Vale Wildlife Hospital & Rehabilitation Centre Notes to the Financial Statements for the Year Ended 30 April 2024

9. STAFF COSTS - continued

No employees received emoluments in excess of £60,000.

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Other trading activities
Investment income
Total
EXPENDITURE ON
Raising funds
Charitable activities
General charitable activities
Other
Total
Unrestricted
fund
£
410522
460665
10066
881252
20886
728654
0
749541

Total

NET INCOME

RECONCILIATION OF FUNDS

Total funds brought forward TOTAL FUNDS CARRIED FORWARD

11. TANGIBLE FIXED ASSETS

COST
At 30 April 2023
Additions
At 30 April 2024
DEPRECIATION
At 30 April 2023
Charge for year
At 30 April 2024
NET BOOK VALUE
At 30 April 2024
At 30 April 2023
Freehold
Plant and
Motor
Fixtures &
property
£
machinery
£
vehicles
£
Fittings
£
Totals
£
331231
392571
72173
10001
805976
(29153)
29153
0
0
0
302078
421723
72173
10001
805975
0
229127
371691
40557
0
641375
15779
19081
714
0
35574
244906
390772
41271
0
676949
57172
30951
30902
10001
129026
102104
20879
31616
10001
164600

Page | 18

4

The Vale Wildlife Hospital & Rehabilitation Centre Notes to the Financial Statements for the Year Ended 30 April 2024

12. STOCKS

12. STOCKS
30/04/2024 30/04/2023
£ £
Stocks 20000 20000
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/04/2024 30/04/2023
£ £
Trade creditors 894 895
Taxation and social security 0 0
Other creditors 0 0
894 895

14. MOVEMENT IN FUNDS

At
Unrestricted funds
General fund

TOTAL FUNDS
01/05/2023
Net
movement
of funds
At 30/04/2024
£
£
£
881502
(203929)
677573

881502 (203929) 677573

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
Resources
expended
Movement in
funds
£
£
£
784655
(988584)
(203929)


784655
(988584) (203929)

Comparatives for movement in funds


Unrestricted funds
General fund
TOTAL FUNDS
Net
movement
At
At 01/05/23
in funds
30/04/2024
£
£
£
881502
(202929)
677573
Net
movement
At
At 01/05/23
in funds
30/04/2024
£
£
£
881502
(202929)
677573
Net
movement
At
At 01/05/23
in funds
30/04/2024
£
£
£
881502
(202929)
677573

881502
(202929)
677573

Page | 19

4

The Vale Wildlife Hospital & Rehabilitation Centre Notes to the Financial Statements for the Year Ended 30 April 2024

14. MOVEMENT IN FUNDS- continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
Resources
expended
Movement in
funds
£
£
£
881252
(749541)
131712

881252 (749541) 131712

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
1665907
(1738125)
(72217)


1665907
(1738125)
(72217)

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 April 2024.

Page | 20

The Vale Wildlife Hospital & Rehabilitation Centre Detailed Financial Statement of Activities for the Year Ended 30 April 2023

INCOME AND ENDOWMENTS
Donations and legacies
Gifts
Donations
Gift aid
Legacies
Grants
Other trading activities
Shop income
Collections & events
RSPCA Donation
Sale of goods
Investment income
Rents received
Deposit accountinterest
Total incoming resources
EXPENDITURE
Other trading activities
Licensing
Car boot expenses
Other expenses
Open day expenses
Shop expenses
Charitable activities
Wages
Pensions
Hire of plant and machinery
Insurance
Light and heat
Telephone
Carried forward
30/04/2024
£
30/04/2023
£
0
2750
79023
93725
134526
167946
125249
146101
0
28808
254941
269268
84317
107876
11099
18005
74956
36708
784652
871187
8890
7158
11654
2908
20544
10066
784655
881252
695
371
864
-
0
-
1817
2085
13638
18431
17014
20886
631934
548307
28783
24313
7484
7353
23522
2772
54107
14899
6081
5475
751911
603119

Page | 21

The Vale Wildlife Hospital & Rehabilitation Centre Detailed Financial Statement of Activities for the Year Ended 30 April 2023

Charitable activities
Brought forward
Sundries
Subscriptions & donations
Ebay
IT
Repairs & maintenance
Veterinary expenses
Disinfectant & cleaning
Animal food
Motor expenses
Waste disposal
Animal bedding
Printing & stationary
Postage
Advertising
Bank charges
Canteen
Opening stock
Other expenses
Closing stock
Other
Rent, rates & water rates
Depreciation of tangible fixed assets
Support costs
Governance costs
Accountancy fees
Other legal & professional
Total resources expended
Net income
30/04/2024
£
30/04/2023
£
751911
603119
5389
3151
4918
3482
-
-
5158
3721
14959
9612
27909
19563
1039
1331
19563
14028
8391
10175
1010
2069
80
264
2905
3005
4393
891
306
125
905
250
93
441
20000
20000
7170
1673
-20000
- 19,500
928030
677400
22593
25667
35574
19307
58167
44974
1212
1116
1175
5164
2387
6280
988584
749541
(203929)
131712

Page | 22