Lucy's Trust Annual Report and Receipts and Payments Account For the perlod 1st November 2022 to 31st Ortober 2023 Northern Ireland Charities Number: 102210 Lucy's Trust Contents Page Charity Information Trustee's Annual Report 24 Independent Examiner's Report to the Trustees Statement of Receipts and Payments Statement of Assets and Liabilities Notes to the Financial Statements Lucy's Trust References and administrative details Charity Name: Lucy's Trust Charity Registration Number: 102210 Contact Address: Rob Durston Photography 81-129 Springfield Road 3rd Floor Belfast BT12 7AE Trustees: Dr Olivia Kennedy Mr Robert Durston Ms Charmaine Kennedy Independent Examiner: S.M. Vint & Co 8 Newry Road Banbridge BT32 3HN Bankers: Ulster Bank Lucy's Trust (NIC102210) Annual Report for the Y￿r Ended 31st October 2023 Approved on 29th August 2024 Reglstered Address: Lucy's Trust CIO Rob Durston Photography 81-129 Springfield Road, 3rd Floor Belfast, 8T12 7AE Trustee Board Dr. Ollvla Kennedy Mr. Robert Durston Ms. Charmaine Kenn8dy Introduction The trustee8 are pleased to present the annual report for Lucy's Trust, outlinlng the charity's activities, achi8vements, and financlal health for the year ended 31 st October 2023. All activities were carrled out with carelul conslderation of the Charlty Commission for Northern Ireland's guidance on public benefit to meet our objectives and provide meaningful impact. Objectlves and Activities The purposes of Lucy's Trust ar8: Canlne Wellara: To relieve canine suffering by takirKJ In stray, neglected, and unwanted dogs, particularly those requiring veterinary attention or those wlth behavloral or breed-related challenges. To rehabilitate, provide care, and rehome these dogs where possible. For dogs that cannot b8 rehomed, we provide permanent sanctuary. Public Education: To educate the public on animal welfare. focuslng on the proper care and treatment of dogs. To encourage a humane attitude toward animals through dir8Ct communication, public forums, and educational events with quallfied canine behaviorists. Achievements and Performance Sanctuary Work: Contlnued to provide sanctuary for over 30 dogs at any given time, focusing on those with behavioral challenges or significant bite histories. Provided extensive veterinary care. including chronic and acute treatments for elderly and geriatric dogs. Notable Cages: We took in three feral pups (Ray, Kate, and Maria) from Corran Kennels, providing care and rehabilitation. Cared for long-term residenls faclng heallh challenges: Jocko, who arrived In 2020, passed away in Fabruary after a long and courageous battle wilh tymphoma. Blndl, a beautiful black-and-white Bull Mastiff who joined us in 2015, faced significant health challenges. Diagnosed with hamangiosarcoma (HSA) in September after a collapse and a pericardial effusion In August. Bindi required emergency treatment and specialized care from a heart SP8cialist. Xena, a wonderful lurcher who became part of Lucy's Trust in 2013. experienced a spinal stroke in September. Vlc, a long-tsm resident, passed away in early September after two years of management with multiple modications lo ease arthiitis. Sadly, his condition progressed to renal failure. Dave, another cherished member of Lucy's Trust, passed in June due to a suspected collapsing trachea. Behavloral Support: This year saw a r￿table downlum in behavloral help roquests, as more individuals expressed an unwillingness to work with their dogs, challenges. Unfortunatsly, many sought to surrender Iheir pets instead ol pursuing training or rehabililation. This trend highlights ongoing difficulties post-lockdown, with pounds and rescues overwhelmed by the volume of dogs requiring placement and car8. Infrastructure Improvements: Replaced rooling over Bea and Ray's k8nnel in April 2023, with plans to fundraise for additional repairs. Publlc Benefit Lucy's Trust ensures all activities align wSth its mlssion to relieve canine suffering and educate the public. Initiatives this year included: Providing direct behavioral advlce through messaging and public forums like Facebook. Hosting information sessions led by canine behavlorlsts to promote responsible dog ownership and prevent dog bites. Flnancial Review The trustees have reviewed budgets for Ihe upcomlng year and are confident Ihat funds are suflici8nt to continue operations. Golng Concern: The charity remains flnancially slable, with adequate resources to meet its objectives in the coming year. Governance and Structure Goveming Document: Lucy's Trust operates under its Constitution, with oversight provided by the truslee board. Tru8ts0 R8crultment'. Trustees are elected by the board at Ihe Annual General Meeting, with unanlmous agreement required for appointment. Organl8atlonal Structure: The chaiity is governed by its trustees and managed by Director Dr. Olivia Kennedy. Pay and Remuneratlon: No trustees received pay or remuneration during this financial year. Trustees. Re8ponslbllltle8 The trustees are responsible far preparing: The annual report and flnancial statements in compliance wlth applicable laws. Accurate accounting records to detail transactions and safeguard assets. Closlng Remark8 Despit8 challenges, Lucy's Trust has continued to provide essential services to some of the most vulnerable dogs in our community. The truslees extend heartfelt thanks to all supporters who make this work possible. Signed on Behalf of the Tru8tee8: Trustee 1 Trustee 2 Independent Examiner's Report to Lucy's Trust I report on the accounts of the charity for the period ended 31st Ortober 2023 which are set out on pages 5-6. Respertive responslbilitles of Trustees and Examlner As the charl￿S trustees you are ￿spOnSible for the preparation of the accounts in accordance with the Charities Act {Northern Ireland) 2008. It is my responsibility to: • examine the accounts under section 65 of the Charities Act; follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 6519llb) of the Charities Act. and state whether particular matters have come to my attention. Basls of Independent Examiner's report I have examined your charity accounts as required under sertion 65 of the Charities Act and my examination was carried out in accordance with the general Direction5 given by the Charity Commission for Northern Ireland under section 6519llbl of the Charlties Art. My examlnation included a review of the accounting records kept by the charlty and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concernlng any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe". l. That accounting records were not kept in accordance with section 63 of the Charities Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of the Charities Act 4. That there is further informatlon needed for a proper understanding of the accounts to be reached. Independent examlner's statement I have completed my examination and have no concerns in respert of the matters (11 to {4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Thomas Vlnt FCCA For and behalf of S.M. Vlnt & Co Chartered Certlfied Accountants & Registered Audltors 8 Newry Road Banbrldge BT32 3HN Lucy's Trust Statement of Receipts & Payments for the period ended 31st October 2023 Unrestricted Restricted Note funds funds Prior year Total funds total funds Income and endowments from: DonationslGrants 16,675 16,675 14,341 Total income 16,675 16.675 14,341 Expenditure on: Raising Funds Charitable Activities Total expenditure Net income / {expenditure) resources 584 23,565 24,149 -7,474 584 23,565 24,149 -7,474 613 28,627 29,240 -14,899 Lucy's Trust Statement of Assets & Uabllities- Perlod Ended 31st October 2023 2023 2022 Rea￿CIlIatIOn of funds at 31.10.23 Total funds brought forward Surpluslldeficlt) this year end Total funds carried forward 16,776 -7.474 9,302 31675 -14,899 16.776 Bank & Cash Balances Cash at bank and In hand 9,302 9,302 16776 16.776 Reprasented by Unrestrirted funds Restricted funds T¢Jtal Funds 9,302 16.776 9,302 16,776 Notes on pages 7 to 8 are an integral part of these flnanclal statements. The financial statements on pa8e5 5 to 6 were approved by the Board of Trustee5 on 29th August 2024 and signed on its behalf by: Dr Olivia Kennedy- Trustee Mr Rob Durston- Trustee Lucy's Trust Notes to the financial statements for the period ended 31st Ortober 2023 l. Accountlng pollcies The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: a) Preparatlon of accounts on a going concern basis The charity generally meets its day to day working capital requirements from its annual income. The Trustees have obtained and reviewed cash flow forecasts for the coming year and based on these are satisfied that the charity has resources to provide a reasonable expectation that it can continue to meet its financial obligations as they fall due for the foreseeable future. Therefore these financial statements have been prepared on a going concern basis b) Income Income is accounted for on a cash receipts basis as the amount is collected and are allocated as either restricted or unrestricted funds according to the terms of the donation. c) Expenditure Expenditure is recognised on a cash payments basis. d) Cash and cash equivalents Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments With original maturities of three months or less and bank overdrafts. el Funds Funds are classified as either restricted funds or unrestricted funds, defined as follows: Restricted funds are funds subject to specific requirements as to their use which may be declared by the donor or with their authority or created through legal processes, but still within the wider objects of the Charity. Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity. If parts of the unrestricted funds are earmarked at the discretion of the trustees for a particular purpose, they are designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the trustees. discretion to apply the fund. 2. Income and endowments from: Unrestricted Restricted Totsl 2023 Total 2022 Donatlons Glft Aid Grants 15,723 952 15,723 952 12,346 995 1,000 14,341 16,675 16,675 Lucy's Trust Notes to the financlal Statements for the year ended 31st October 2023 3. Analysls of Expenditure Unrestricted Restricted Total 2023 Total 2022 Ralsing Funds Advertising and Website Fundraising Boxes Paypal Fees Just Giving Fees Fundraising Events 163 163 163 23 398 23 398 13 437 584 584 613 Charltable Artivities Feeding Bedding Livestock and Veterinary Insurance Repairs and Maintenance Waste Disposal Accountancy Sundry 8,382 890 12045 608 8,382 890 12,045 608 10,776 1,145 10187 594 4,304 988 600 33 28,627 1,040 600 1.040 600 23,565 23,565 Total Expenditure 24.149 24,149 29,240 4. Taxation Lucy's Trust is recognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its cha ritable activities. 5. Analysis of trustee remuneratlon and expenses. No Trustee recieved any payments other than for out of pocket expenses incurred.