CHARITY REGISTRATION NUMBER N1100750 FOUR LEGGED FRIENDS FINANCIAL STATEMENTS 05 Aprll 2024 FOUR LEGGED FRIENDS FINANCIAL STATEMENT YEAR ENDED S APRIL 2024 CONTENTS PAGE NO THE REPORT OF THE BOARD OF TRUSTEES PROFIT AND LOSS ACCOUNT BALANCE SHE NOTES TO THE FINANCIAL STATEMENTS The following pages do not form part of the financial statements DETAILED PROFIT AND LOSS ACCOUNT INDEPENDENT EXAMINER'S REPORT 10 FOUR LEGGED FRIENDS THE REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 5 APRIL 2024 The Board of Trustees has pleasure in presenting ivs report and the unaudited financial statements of the charity for the year ended 5 April 2024. PRINCIPAL ACTIVITIES AND OPERATIONAL REVIEW The principal activity of the charity during the year VRS to raise funds and provide voluntary work to aid animal welfare. FOUR LEGGED FRIENDS THE REPORT OF THE BOARD OFTRUSTEES YEAR ENDED 5 APRIL 2024 SIGNED ON BEHALF OF THE MEMBERS Mrs R Weir OARD OF TRUSTEES Trustee MÈSS N Weathenjp Trustee Ms A Buckley Tnjstee Mr N Cowan Mrs J Ackerly Trustee Approved by the Board of Trustees FOUR LEGGED FRIENDS PROFIT AND LOSS ACCOUNT YEAR ENDED 5 APRIL 2024 2024 2023 REVENUE 29517 46666 Cost of Sales GROSS PROFIT 29517 46666 AdministratNe expenses -31353 -29885 OPEFIATING PROFIT note 2 -1836 16781 Interest receivable 18 PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION -1818 16781 PROFIT FOR THE FINANCIAL YEAR 16781 BIFORWARD 18237 -1818 16419 1546 16781 18327 TOTAL FOUR LEGGED FRIENDS BALANCE SHEET YEAR ENDED S APRIL 2024 FIXED ASSETS Tangible assets CURRENT ASSETS Cash at bank Business Reserve 2024 1207 2023 1207 note 4 7653 8018 17576 15671 17576 CREDITORS: Amounts falling due withln one year (note 5) 459 456 NET CURRENT ASSETS 15212 17120 TOTAL ASSEfs LESS CURRENT LIABILMES 16419 18327 CAPITAL AND RESERVES Share Capital Profit and loss account MEMBERS. FUNDS note 7 18419 16419 18327 18327 These accounts have been prepared in accordan￿ wtth the Financial Reporting Standard for Smaller Entities (Effective January 2015). These financial statements were approved by the Board of Trustees and authorised for issue on the 5 April 2024 and si eir behalf by: R Weir Trustee Club Registration Number. Nl100750 FOUR LEGGED FRIENDS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2024 1. ACCOUNTING POLICIES Basis of accounting The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Stsndard for Smaller Entities (effects've January 2015). Cash Flow statement The Board of Trustees has taken advantage of the exemption in Financial Reporting Standard for Smaller Entities (effective April 2008) from including a Cash flow statement in the financial statements on the grounds that the club is small. Turnover Turnover represents monies received from shop sales. Flxed assets All fixed assets are initially recorded at cost. Depreciation Depreciation is calculated so as to write off the cost of an asset. less its estimated residual value, over the useful economic lrfe of that asset as follolvs: Plant & Machinery Fixtures & Fittings 200A Reducing Balan 20 % Reducing Balan Operating lease agreements Rentals applicable to operating leases where substantialty all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease. Financial instruments Financial liabilities and equty instruments are classified according to the Substan￿ of the contractual arrangements entered into. An equity instrument is any contract that eVIden￿S a residual interest in the assets of the entity after deduding all of its financial liabilits'es. Where the contractual obligats'ons of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments aE classed as financial liabilities. Financial liabilities are presented as such in the Balan￿ sheet. Finan￿ costs and gains or losses relats'ng to financial liabilities are included in the Profit and Loss Account. Finance costs are calculated so as to Produ￿ a constant rate of retum on the outstanding liability. Where the contractual terms of share capital do not have any tems meeting the definition of a financial liability then this is classed as an equty instrument. Drvidends and distributions relating to equity instruments are debited direct to equty. FOUR LEGGED FRIENDS NOTES TO THE FINANCIAL STATElYtENTS YEAR ENDED S APRIL 2024 2. OPERATING PROFIT Operating profit is ststed after charging: 2024 2023 Trustees. remuneration Depreciation of owned fixed assets 3. PARTICULARS OF EMPLOYERS The aggregate payroll costs of the above were 2024 2023 Wages and salaries Social security costs 4. TANGIBLE ASSETS Plant & Fixtures & Machinery Fittings Totsl COST Additions 256 451 1207 At 5 April 2023 DEPRECIATION Charge for the year At 5 April 2024 NET BOOKVALUE At 5 April 2024 256 451 1207