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2025-03-31-accounts

Benvardin Animal Rescue Kennels - NIC106721

Statement of Financial Activities for the Year ended 31st March 2025

Income
Solar Panels
Donations
Collection Boxes
Shop Income
Interest Received
Council
Gift Aid Reclaim - HMRC
Support Adoption for Pets - Donations
Total Income
Expenditure
Feeding Stuff
Veterinary Expenses & Medicines
Postage, Stationery & Advertising
Telephone & Internet
Van Expenses
Insurance
Wages
Shop Expenses
Premises Costs
General Expenses
Bank Interest & Charges
Licence Fees
Loan Interest
HP Interest
Repairs & Maintenance
Depreciation
Total Expenditure
Net Income/(Deficit) before transfers
Transfers between funds
Net movement in funds
Total funds brought forward
Total funds carried forward
Unrestricted Restricted
Total
Total
Funds
Funds
2025
2024
£
£
£
£
763
0
763
0
146,843
0
146,843
53,189
0
0
0
0
68,333
0
68,333
83,402
0
0
0
0
26,787
0
26,787
18,101
6,112
0
6,112
7,102
0
0
0
0
248,838
0
248,838
161,794
8,729
0
8,729
12,114
24,067
0
24,067
10,953
8,284
0
8,284
3,311
3,188
0
3,188
2,548
15,580
0
15,580
11,753
3,755
0
3,755
2,648
41,381
0
41,381
30,676
29,964
0
29,964
29,832
8,776
0
8,776
6,170
2,433
0
2,433
3,087
1,962
0
1,962
647
762
0
762
932
6,160
0
6,160
7,217
0
0
0
0
24,264
0
24,264
14,804
16,251
8
16,259
10,928
195,556
8
195,564
147,620
53,282
-8
53,274
14,174
0
0
0
0
53,282
-8
53,274
14,174
211,848
121
211,969
197,795
265,130
113
265,243
211,969

Benvardin Animal Rescue Kennels - NIC106721

Balance Sheet as at 31st March 2025

Notes
Fixed Assets
Land
Capital Improvement Expenditure - Dog Park
Capital Improvement Expenditure - Log Cabin
Capital Improvement Expenditure - Rehoming Block
Capital Improvement Expenditure - Kennel Block
Plant & Equipment
Shop Fixtures & Fittings
Shed
Containers
Computer
Vans
Current Assets
Debtors
Bank
Creditors - falling due within one year
Net Current Assets
Creditors - falling due after one year
NET ASSETS
Funds
Unrestricted Funds
Restricted Funds
TOTAL FUNDS
UnrestricteRestricted
Total
Total
Funds
Funds
2025
2024
£
£
£
£
183,936
0
183,936
183,936
28,442
0
28,442
30,473
40,185
0
40,185
43,056
0
24,732
24,732
26,499
10,525
0
10,525
11,226
37,108
0
37,108
33,222
304
0
304
380
2,120
0
2,120
0
2,240
0
2,240
0
251
0
251
0
17,932
0
17,932
2,949
323,043
24,732
347,775
331,741
0
0
0
0
10,392
0
10,392
2,370
10,392
0
10,392
2,370
20,037
1,759
21,796
28,697
-9,645
-1,759
-11,404
-26,327
48,268
22,860
71,128
93,445
265,130
113
265,243
211,969
265,130
0
265,130
211,848
0
113
113
121
265,130
113
265,243
211,969

Benvardin Animal Rescue Kennels - NIC106721

Notes to the Accounts

Accounting Policies

Basis of Financial Statements

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Ireland (FRS102) (effective 1 January 2015).

The financial statements have been prepared under the historical cost convention except for investment assets, which are shown at market value. The financial statements include all transactons, assets and liabilities for which the charity is responsible in law.

Fund Accounting

Endowment funds are funds, the capital of which must by retained either permanently or at the charity's discretion; the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place.

Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purposes inteded by the donor and (b) revenue donations or grants for a specific charity activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis.

Unrestricted funds are income funds which are to be spent on the charity general purposes. Designated funds are general funds set aside by the charity for use in the future.

INCOMING RESOURCES

(i) Recognition of incoming resources These are included in the Statement of Financial Activities (SOFA) when;

The charity becomes entitled to the resources;

The trustees are virtually certain they will receive the resources and The monetary value can be measured with sufficient reliability.

(ii) Incoming resources with related expenditure

Where inocming resources have related expenditure (as with fundraising income) the incoming resources and related expenditure are reported gross in the SOFA.

(ii) Tax reclaims on donations and gifts

Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.

ASSETS

Tangible Fixed Assets

Tangible fixed assets for use by the charity are capitalised if they can be used for more than one year.

Depreciation is recorded on all tangible fixed assets, at rates calculated to write off the cost of each asset over its expected useful life as follows:

Vans 20% reducing balance Capital Improvement Expenditure 5% straight line Plant & Machinery 20% reducing balance