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2025-03-31-accounts

Pa hos Purrs p

Financial Statements For period ended 31 March 2025

Paphos Purrs is a Scottish Charitable Incorporated Organisation (SCIO), regulated by the Scottish Charity Regulator (OSCR), Scottish Charity Number: SC052400

Contents

......................................... 1
Trustees’ Annual Report		 ......................................... 1
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............................. 6
Independent Examiner’s Report		 ............................. 6
Receipts & Payments Financial Statements. ........... 7 Receipts & Payments Financial Statements. ........... 7
Statement of Balances ............................................ 8 Statement of Balances ............................................ 8
Notes to the financial statements .......................... 9 Notes to the financial statements .......................... 9
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Paphos Purrs

This Report

In this report, the trustees present their annual report together with financial statements for the period ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and "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).

Reference and Administrative Information

Charity name Paphos Purrs Charity number SC052400 Date of registration 14 March 2023

The following served as charity trustees during the year and up to the date of this report:

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Paphos Purrs

Structure, Governance and Management

Constitution

Paphos Purrs is a Scottish Incorporated Charitable Organisation (SCIO) registered on 12 March 2023 and is governed by its written constitution and regulated by the Office of the Scottish Charity Regulator (OSCR).

Appointment of trustees

Trustees are appointed by a majority vote of the existing board in accordance with the constitution. Applicants must be aged 18 or over, complete a declaration of interest and confidentiality agreement, and be approved by all existing trustees.

Charitable Purposes

The advancement of animal welfare, primarily in the Paphos region of Cyprus. To this end, the charity provides food, water, shelter and veterinary care for stray cats, promotes humane population control through trap-neuter-return (TNR) activity, and educates the public on responsible animal welfare.

Main Activities and Achievements (April 2024 March 2025)

TNR and Community Impact - Expanded sterilisation work

Completed sterilisation of colonies in Old Town and Tala during 2024, preventing new litters and creating a sustainable model for future areas.

Rescue and Compassionate Care

Throughout 202 ~~4 2~~ 5, continued in their volunteer capacity, ensuring daily feeding without interruption. They also ensured emergency medical and end-of-life care to numerous cats. All stories were documented on Paphos Purrs Instagram in near real time reflecting our principle of transparency and that every cat deserves dignity and care, regardless of outcome.

Fundraising and Engagement

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Paphos Purrs

Operational Resilience

Water outages in some areas during summer 2024 required additional travel to ensure we could fill the 20 bottles of water our colonies depend on every day. Thanks to the dedication of in their volunteer capacity, we ensured all colonies had ample water at all times.

Challenges and Looking Forward

Funding remains the primary constraint on scaling our sterilisation work. While interest from our supports continues to rise, converting that engagement into regular donations is difficult against the nd limited government-funded voucher schemes. Rising food and veterinary prices have further increased operating costs. Nevertheless, the 2025 donation milestone will help extend our reach and enable increased TNR activity.

Volunteer Contribution

Collectively, trustees contributed approximately 670 volunteer hours, a slight increase from 650 the previous year. The increase reflects the establishment of an additional feeding station and additional vet visits.

Financial Review

Overview:

Paphos Purrs main source of income is from donations.

Income grew from £2,675 in the prior financial year to £6,516, more than doubling year-on-year, driven by increased donor engagement and fundraising efforts. Expenditure rose proportionally, reflecting higher food, veterinary, and TNR costs associated with our expanded operations.

Note: the year end surplus is in large part a result of a generous donation on the final day of the financial year to support increased spaying & neutering activity.

Exchange Rate Variance:

PayPal rates are typically 3 ~~4~~ % less favourable than market or HMRC rates due to embedded service margins. Additionally, timing differences between receipt and conversion lead to variances. Consequently, the charity observed a small net exchange-rate related loss of £69.

Reserves policy

As a small SCIO, Paphos Purrs does not operate a formal reserves policy. All available funds are directed toward core charitable activities. The trustees monitor the financial position closely and may establish a modest reserve in future years.

Donated Services and Voluntary Contributions

Trustees continued to cover their own travel and fuel costs when feeding colonies and attending veterinary appointments. Time, technical expertise and creative input for website, social media, and

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Paphos Purrs

communications were provided voluntarily at no cost to the charity. Additionally, 50% of the fee for the 2023-2024 Independent Examination was covered by Rob.

Future Plans

Paphos Purrs SCIO: Future Strategic Goals (2025 ~~2~~ 026)

These goals are designed to maximise our impact on cat welfare in Paphos, strengthen our community support, and deliver sustainable growth.

Statement of trustees' responsibilities

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in Scotland requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.

In preparing these financial statements, the trustees are required to:

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Paphos Purrs

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the provisions of the trust deed. 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.

This report was approved by the trustees on and signed on their behalf by:

Chair

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We Are Martial Arts Independent Examinerfs Report to the Trustees of Paphos Purrs SCIO I report on the financial statements of the charity for the period ended 31 March 2025. which are set out on pages seven to eleven. Respertive responsibilities of trustees and examiner The charit(strustees are responsible forthe preparation of the financial statements in accordance with the terms of the Charities and Trustee Investments IScot13nd) Act 2005 and the Charities Accounts {Scot13ndl Regu13tions 2(K)6. The charity's trustees consider that the audit requirement of Regulation IOlllla} to Icl of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the financial statements as required under section 44{1)(c) of the Act and to state whether particular matters have come to my attention. Basis of Independent Examinerfs statement Myexamination is carried out in accordance with Regulation 11 of the 2￿6 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the f inancial statements and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not expres5 an audit opinion on the view grven by the financial statements. Independent Examinerfs statement In connection with my examination. no matter has come to my attention: la) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 44{11 (al of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations: and to prepare financial statements which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations- have not been met or Ibl to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. Thomson Cooper 3 Castle Court Carnegie Campus Dunfermline Fife KYII 8PB Date: 23.12.25

Paphos Purrs Receipts and Payments Account for the period ended 31 March 2025 Unrestrirted funds Period ending Period ending 31 March 2025 31 March 2024 Recei ts Donations 6,516 2,674 Other Income Total receipts 6,516 2,675 Payments (3,920) (2,096) Cost of charitable activities Governance costs (300) (72} Total payments (4,220) {2,168) Loss on Foreign exchange (69) Surplus/(Deflclt) for the year 2.227 500

Paphos Purrs Statement of Balances as of 31 March 2025 BANK AND CASH IN HAND Unrestrlcted funds Unrestrlcted funds 2025 2024 Opening balances Surplus / (deficit) for the year 500 2,227 500 Closing cash at bank and in hand 2,727 500 Liabilities (150) The notes on pages 9-11 form an integral part of these accounts. Approved by the trustees on 2>1245 and signed on their behalf by air

Paphos Purrs

Notes to the financial statements for the period ended 31 March 2025

1. Accounting policies

Charity information

Paphos Purrs SCIO is a Scottish Charitable Incorporated Organisation. The registered office is

1.1 Basis of accounting

These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

1.2 Nature and purpose of funds

Unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The trustees maintain a single unrestricted fund for the day-to-day running of the charity. This is currently the only type of fund held by the charity.

1.3 Charitable activities income

Income is recognised on a receipts and payments basis.

Donations, subscriptions and other income are recognised on receipt.

1.4 Charitable activities expenditure

Charitable expenditure includes indirect costs of the charity. Indirect costs have been allocated between costs of activities in the furtherance of charitable objectives, and governance based on fees.

Governance costs include any costs in relation to audit and accountancy work and legal and professional advice associated with constitutional and statutory requirements.

1.5 Taxation

The charity is not liable to income tax or capital gains tax on its charitable activities. The charity is not VAT registered, and any expenditure includes any VAT charged.

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Paphos Purrs Donations Unrestricted funds Unrestricted funds 2025 2024 One off donations Donation- subscriptions Paypal Giving Fund Total income from donations 4,295 1,568 653 6,516 2,365 305 2,674 Charitable activities Unrestricted funds 2025 Unrestricted funds 2024 Cat food and supplies Vet surgery fee Vet Surgery reimbursement Total charitable activities costs 2,787 744 1,764 158 389 174 3,920 2.096 Governance Unrestricted funds 2025 Unrestricted funds 2024 Independent examination fees Paypal bank charges Total governance costs 300 72 300 72 10

Paphos Purrs 5. Creditors: amounts falling due within one year Unrestricted fvnds 2025 Unrestricted funds 2024 Other creditors 150 Total creditors 150 Transactions with trustees or connected persons During the year two (2024: one) charity Trustees received a reimbursement of expenses of £539 (2024: £174) in the period. Employees The charity had no employees during the year. 11