Lucy's Trust Annual Report and Receipts and Payments Account For the perlod 1st November 2023 to 31st October 2024 Northem Ireland Charities Number: 102210 Lucy's Trust Contents Page Charity Information Trustee's Annual Report Independent Examiner's Report to the Trustees Statement of Receipts and Payments Statement of Assets and Liabilities Notes to the Financial Statements 8-9 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 Year Ended 31st October 2024 Approved on 15th August 2025 Registered Address: Lucy's Trust CIO Rob Durston Photography 81-129 Springfield Road. 3rd Floor Belfast, BT12 7AE Trustee Board Dr. Olivia Kennedy Mr. Robert Durston Ms. Charmaine Kennedy Introductlon The trustees are pleased lo present the annual report tor Lucy's Trust, oullining Ihe charity's actNities, achievements, and tinancial health for the year ended 31 st October 2023. All activities were carried out with careful consideration of the Charity Commission for Northem Ireland's guidance on public benefit to meet our objectives and provide meaningful impact. Objectives and Activities The purposes of Lucy's Trust are: Canlne Welfare: To relieve canine suffering by taking in stray, neglected, and unwanted dogs. particularty those requiring veterinary attention or those with behavioral or breed-related challenges. To rehabilitate, provide care, and rehome Ihese dogs where possible. For dogs that cannol be rehomed, we provide pennanenl sanctuary. Public Educatlon: To educate the public on animal welfare, focusing on the proper care and trealment of dogs. To encourage a humane attitude toward animals through direct communicalion, publlc forums, and educational events with quallfied canine behaviorists. Achievements and Performance Sanctuary Work: Continued to provide sanctuary for over 30 dogs at any.given time, focusing on those with behavioral challenges or significant bite histories. Provided exlensive velerinary care, including chronic and acule treatments for elderly and geriatric dogs. Notsble Cases: We took In three feral pups (Ray, Kate, and Marla) from Corran Kennels, providing care and rehabilltation. Cared for long-term residents facing heallh challenges: Jocko, who arrived in 2020, passed away in February after a long and courageous battle with lymphoma. Blndl, a beauliful black-and-white Bull Mastiff who joined us in 2015, faced signrficant health challenges. Diagnosed with hemangiosarcoma (HSA} In September after a collapse and a pericardial effusion in August, Bindi required emergency treatment and specialized care from a heart specialist. Xena, a wonderful lurcher who became part of Lucy's Trust in 2013, experienced a spinal stroke in September. Vlc, a long-term resident, passed away in early September after two years of management wilh multiple medications to ease arthritis. 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 notable downtum in behavioral help requests, as more individuals expressed an unwillingness to work with their dogs, challenges. Unfortunately, many sought lo surrender their pels instead of pursuing training or rehabilitation. This trend highlights ongoing difficulties post-lockdown, with pounds and rescues overwhelmed by the volume of dogs requiring placement and care. Infrastructure Improvements: Replaced roofing over Bea and Ray's kennel in April 2023, with plans to fundraise for additional repairs. Publlc Benefit Lucy's Trust ensures all activities align with its mlsslon 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 behaviorisls to promote responslble dog ownership and prevent dog bites. Financial Review The trustees have reviewed budgets for the upcoming year and are confident that funds are sufficient to continue operations. Going Concem: The charity remains financially stable, with adequate resources to meet its objectives in the coming year. Governance and Structure Governlng Document: Lucy's Trust operates under its Constitution, with oversight provided by the trustee board. Trustee Recruitment: Trustees are elected by the board at the Annual General Meeting, with unanimous agreement required for appointment. Organisational Structure: The charity 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. Responslbllltles The trustees are responsible for preparing: The annual report and financial statements in compliance with applicable laws. Accurate accounting records to detail transactions and safeguard assets. Closing Remarks Despite challenges. Lucy's Trust has continued to provide essential seNices to some of the mosl vulnerable dogs in our community. The Irustees extend heartfelt thanks to all supporters who make this WO￿ possible. Slgned on Behalf of the Trustees: Truslee 1 Trustee 2 Independent Examiner's Report to Lucy's Trust I report on the accounts of the charity for the period ended 31st October 2024 which are set out on pages &7. Respectlve responslbllltles of Trustees and Examlner As the charivs trustees you are responsible for the preparatlon of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It Is my responslbllity to: • examine the accounts under section 65 of the Charities Act; follow the procedures laid down in the general Directions given by the Charty Commission for Northern Ireland under Section 65191(b) of the Charities Act; and . state whether particular matters have come to my attention. Basls of Independent Examlner's report I have examined your charfty accounts as required under section 65 of the Charities Act and my examination was carried out in accordan￿ with the general Direction5 given by the Charity Commission for Northem Ireland under section 65(9){b) of the Charitie5 ACL My examlnation included a review of the accountlng records kept by the charity and a compari50n of the accounts presented with those records. It also Included consideration of any unusual item5 or disclosures in the accounts, and seeklng explanatlons from you as charity trustees concerning any such matters. My role is to state whether any materlal matters have come to my attention Elving me cause to belleve: l. That accountlng records were not kept In accordance wlth 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 requlrements of the Charltles Act 4. That there is further infomiation needed for a proper understsndlng of the accounts to be reached. Independent examlner'$ statement I have completed my &xamination and have no concerns in respect of the matters {1) 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. OJ Thomas Vlnt FCCA For and behalf of S.M. Vlnt & Co Chartered Certlfied Accountants & Re8lstered Audltors 8 Newry Road Banbrfd8e Bf32 3HN Date: 28th Ay8USt 2025 Lucy's Trust Statement of Recelpts & Payments for the period ended 31st October 2024 Unrestricted Restricted Note funds funds Prior year Total funds total funds Income and endowments from: Donations/Grants 21,354 21,354 16,675 Total income 21,354 21,354 16,675 Expendlture on: Raising Funds Charitable Activities Total expenditure Net Income / {expenditure) resources 869 22,580 23,449 -2.095 869 22,580 23,449 -2,095 23,565 24,149 -7,474 Lucy's Trust Statement of Assets & Liabilities- Period Ended 31st October 2024 2024 2023 Reconciliation of funds at 31.10.24 Total funds brought forward Surplus/(deficit) this year end Total funds carried forward 9,302 -2,095 7.207 16776 -7.474 9,302 Bank & Cash Balances Cash at bank and In hand 7,207 7,207 9302 9,302 Represented by Unrestricted funds Restricted funds Total Funds 7,207 9.302 7,207 9,302 Notes on pages 8 to 9 are an Integral part of these financial statements. The financial statements on pages 6 to 7 were approved by the Board of Trustees on 15th August 2025 and signed on its behalf by: Dr Olivla Kennedy- Trustee Mr Rob Durston- Trustee Lucy's Trust Notes to the financial statements for the period ended 31st October 2024 l. Accounting policies 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 ststements 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 restrirted 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. e) 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 Total 2024 Totsi 2023 Donations Gift Aid Grants 18,661 2,693 18,661 2,693 15,723 952 21,354 21,354 16,675 Lucy's Trust Notes to the financlal Statements for the year ended 31st Ortober 2024 3. Analysis of Expendlture Unrestricted Restricted Total 2024 Totsl 2023 Raising Funds Advertising and Website Fundraising Boxes Paypal Fees Just Giving Fees Fundraisin8 Events 192 192 163 17 660 17 660 23 398 869 869 584 Charltable Activltles Feeding Bedding Livestock and Veterinary Insurance Repairs and Maintenance Waste Disposal Accountsncy Sundry 9,003 1,216 10086 448 51 1,118 600 58 22,580 9,003 1,216 10,086 448 51 1.118 600 58 22,580 8,382 890 12045 608 1,040 600 23,565 Totsl Expendlture 23,449 23,449 24,149 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 charitable activities. 5. Analysis of trustee remuneration and expenses. No Trustee recieved any payments other than for out of pocket expenses incurred.