IRIS Accounts Production v23.3.0.418 Other Company accounts True false Pounds 1.3.22 28.2.23 28.2.23 FY FRS 102 Independent examiner Large and medium-sized companies regime for accounts Full Charities SORP true true true true false true false true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh072577362022-02-28072577362023-02-28072577362022-03-012023-02-28072577362021-02-28072577362021-03-012022-02-28072577362022-02-2807257736ns11:Originalns0:CharitableCompanyLimitedByGuarantee2022-03-012023-02-2807257736ns11:Original2022-03-012023-02-2807257736ns15:PoundSterlingns11:Original2022-03-012023-02-2807257736ns11:Original2022-02-2807257736ns11:Original2023-02-2807257736ns11:Originalns11:FRS1022022-03-012023-02-2807257736ns11:IndependentExaminationCharityns11:Original2022-03-012023-02-2807257736ns11:Originalns11:LargeMedium-sizedCompaniesRegimeForAccounts2022-03-012023-02-2807257736ns11:Originalns11:FullAccounts2022-03-012023-02-2807257736ns11:Originalns11:CharitiesSORP2022-03-012023-02-2807257736ns11:Originalns0:Trustee22022-03-012023-02-2807257736ns11:Originalns0:Trustee12022-03-012023-02-2807257736ns11:Originalns0:Trustee32022-03-012023-02-2807257736ns11:Originalns0:Trustee42022-03-012023-02-2807257736ns11:Originalns0:Trustee52022-03-012023-02-2807257736ns11:Originalns0:Trustee62022-03-012023-02-2807257736ns0:Trustee7ns11:Original2022-03-012023-02-2807257736ns0:Trustee8ns11:Original2022-03-012023-02-2807257736ns11:Originalns11:RegisteredOffice2022-03-012023-02-2807257736ns11:Originalns0:TotalUnrestrictedFunds2022-03-012023-02-2807257736ns11:Originalns0:TotalRestrictedIncomeFunds2022-03-012023-02-2807257736ns11:Original2021-03-012022-02-2807257736ns11:Originalns0:TotalUnrestrictedFunds2022-02-2807257736ns11:Originalns0:TotalRestrictedIncomeFunds2022-02-2807257736ns11:Original2021-02-2807257736ns11:Originalns0:TotalUnrestrictedFunds2023-02-2807257736ns11:Originalns0:TotalRestrictedIncomeFunds2023-02-2807257736ns11:Original2022-02-2807257736ns11:Originalns0:TotalUnrestrictedFundsns10:WithinOneYear2023-02-2807257736ns11:Originalns0:TotalRestrictedIncomeFundsns10:WithinOneYear2023-02-2807257736ns11:Originalns10:WithinOneYear2023-02-2807257736ns11:Originalns10:WithinOneYear2022-02-2807257736ns11:Originalns10:LandBuildingsns10:OwnedOrFreeholdAssets2022-03-012023-02-2807257736ns10:PlantMachineryns11:Original2022-03-012023-02-2807257736ns11:Originalns10:MotorVehicles2022-03-012023-02-2807257736ns11:Original32022-03-012023-02-2807257736ns11:Originalns10:OwnedAssets2022-03-012023-02-2807257736ns11:Originalns10:OwnedAssets2021-03-012022-02-2807257736ns11:Originalns0:TotalUnrestrictedFunds2021-03-012022-02-2807257736ns11:Originalns0:TotalRestrictedIncomeFunds2021-03-012022-02-2807257736ns11:Originalns10:LandBuildingsns10:OwnedOrFreeholdAssets2022-02-2807257736ns10:PlantMachineryns11:Original2022-02-2807257736ns11:Originalns10:MotorVehicles2022-02-2807257736ns11:Originalns10:LandBuildingsns10:OwnedOrFreeholdAssets2023-02-2807257736ns10:PlantMachineryns11:Original2023-02-2807257736ns11:Originalns10:MotorVehicles2023-02-2807257736ns11:Originalns10:LandBuildingsns10:OwnedOrFreeholdAssets2022-02-2807257736ns10:PlantMachineryns11:Original2022-02-2807257736ns11:Originalns10:MotorVehicles2022-02-2807257736ns11:Originalns10:AfterOneYear2023-02-2807257736ns11:Originalns10:AfterOneYear2022-02-2807257736ns11:Originalns10:AllPeriods2023-02-2807257736ns11:Originalns10:AllPeriods2022-02-28
REGISTERED COMPANY NUMBER: 07257736 (England and Wales)
REGISTERED CHARITY NUMBER: 1137681














REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

WYTHALL ANIMAL SANCTUARY

WYTHALL ANIMAL SANCTUARY






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023




Page

Reference and Administrative Details 1

Report of the Trustees 2 to 3

Independent Examiner's Report 4

Statement of Financial Activities 5

Balance Sheet 6 to 7

Notes to the Financial Statements 8 to 15

WYTHALL ANIMAL SANCTUARY

REFERENCE AND ADMINISTRATIVE DETAILS
for the Year Ended 28 February 2023



TRUSTEES Ms P Bernie (resigned 7.5.23)
D I Scott
I Kelly (resigned 10.7.23)
V Strickland (resigned 9.7.23)
J L Martin (resigned 9.7.23)
D Williams (resigned 12.9.23)
W Papirnik (appointed 20.9.23)
Dr H Monro (appointed 24.9.23)


REGISTERED OFFICE Middle Lane
Kings Norton
Birmingham
B38 0DU


REGISTERED COMPANY
NUMBER
07257736 (England and Wales)


REGISTERED CHARITY
NUMBER
1137681


INDEPENDENT EXAMINER Flint & Thompson
2 Manor Square
Solihull
West Midlands
B91 3PX

WYTHALL ANIMAL SANCTUARY (REGISTERED NUMBER: 07257736)

REPORT OF THE TRUSTEES
for the Year Ended 28 February 2023


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 28 February 2023. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES
Objectives and aims
Established in 1968, Wythall Animal Sanctuary's aims and ideals have never wavered: striving to help, rehabilitate and safely re-home as many domestic animals as we can. Whilst recognising in some cases re-homing is not possible, the sanctuary becomes their forever home. We will continue to embrace new policies, procedures and technology whilst ever trying to think of financial innovations to help our work continue.

Public benefit
The trustees are mindful of the Charity Commission Guideline on public benefit.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Charity has continued to raise money in order to fund future capital and operational costs. At the end of the financial year bank deposits were in the region of £171,600 and £258,925 has been invested in COIF Funds.

FINANCIAL REVIEW
Financial position
The Charity achieved a loss of £198,108 for the year under review.
The Charity is reliant upon financial support from legacies, gifts and donations which amounted to £567,700 It is clear that continued support from such sources is essential if the Charity is to operate at this current scale.

The Charity maintains a very low risk investment policy with the bulk of its non-fixed assets being held in the form of bank deposits and other low risk funds.

Reserves policy
It is the policy of the Charity to maintain unrestricted funds that are sufficient funds to cover running costs for a period of three years.

The trustees have taken this prudent view in respect of reserves. This is due to the Charity's reliance upon the receipt of large legacies. These receipts are uncertain and intermittent in nature.

Note 20 to the Financial Statements shows the analysis of net assets between funds. Unrestricted funds amounted to £1,445,831 but only £396,149 of this is freely available because the balance is invested in fixed assets.

At the current level of operations, it is anticipated that running costs for a three-year period would be in the region of £1,500,000.

Unrestricted reserves exceed this by around £160,000. The trustees will continue to monitor revenues and costs in order that the level of reserves can be maintained.

The level of reserves is monitored and reviewed by the trustees at their regular meetings.

Going concern
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

WYTHALL ANIMAL SANCTUARY (REGISTERED NUMBER: 07257736)

REPORT OF THE TRUSTEES
for the Year Ended 28 February 2023

The Wythall Animal Sanctuary is a registered Charity (number 1137681). The Charity was incorporated under the Companies Acts on 18th May 2010 (Company number 07257736) and all assets, liabilities and operations were transferred to the incorporated Charity on 1st March 2011. The Company does not have a share capital and is limited by guarante.

Recruitment and appointment of new trustees
The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known members of the Management Committee.

All members of the Management Committee give their time voluntarily and received no benefits from the charity. Any expenses reclaimed from the charity are set out in note 11 to the accounts.

The charity has not found it easy to recruit and retain trustees in recent years. The current management have been networking amongst friends, business associates and donors in an attempt to bring in people with the appropriate skills and level of commitment.

Organisational structure
Wythall Animal Sanctuary has a Management Committee of up to 8 members who meet quarterly and are responsible for the strategic direction and policy of the charity. At present the Committee has six members from a variety of professional backgrounds relevant to the work of the charity.

The sanctuary Manager has responsibility for the day-to-day operational management of the Sanctuary, individual supervision of the staff team and also ensuring that the team continue to develop their skills and working practices in line with good practice.

The Committee of Management will set pay and remuneration of key personnel based upon the level of responsibility and the level of remuneration at similar organisations.

Induction and training of new trustees
Most trustees are already familiar with the practical work of the charity having been encouraged to get involved in various fundraising events.

Additionally, new trustees are invited and encouraged to attend a series of short training sessions (of no more than an hour) to familiarise themselves with the charity and the context within which it operates. These are jointly led by the Chair of the Management Committee and cover:

" the obligations of Management Committee members
" the main documents which set out the operations framework at the charity
" resourcing and the current financial position as set out in the latest published accounts
" future plans and objectives

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 28 October 2023 and signed on its behalf by:





D I Scott - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
WYTHALL ANIMAL SANCTUARY

Independent examiner's report to the trustees of Wythall Animal Sanctuary ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 28 February 2023.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.








Mr P Georgiades BA FCA
The Institute of Chartered Accountants in England and Wales

Flint & Thompson
2 Manor Square
Solihull
West Midlands
B91 3PX

28 October 2023

WYTHALL ANIMAL SANCTUARY

STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 28 February 2023

2023 2022
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 194,857 - 194,857 575,636

Charitable activities
Chartiable activities 109,632 - 109,632 59,213

Other trading activities 2 21,740 - 21,740 18,682
Investment income 3 10,086 - 10,086 7,303
Total 336,315 - 336,315 660,834

EXPENDITURE ON
Raising funds 5,815 - 5,815 15,983

Charitable activities
Chartiable activities 501,843 - 501,843 442,679

Other 4 30,691 - 30,691 30,780
Total 538,349 - 538,349 489,442

Net gains/(losses) on investments (19,319 ) - (19,319 ) 24,375

NET INCOME/(EXPENDITURE) (221,353 ) - (221,353 ) 195,767


RECONCILIATION OF FUNDS
Total funds brought forward 1,667,255 - 1,667,255 1,471,488

TOTAL FUNDS CARRIED FORWARD 1,445,902 - 1,445,902 1,667,255

WYTHALL ANIMAL SANCTUARY (REGISTERED NUMBER: 07257736)

BALANCE SHEET
28 February 2023

2023 2022
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 9 1,049,682 - 1,049,682 1,072,431

CURRENT ASSETS
Stocks 10 100 - 100 1,463
Debtors 11 2,841 - 2,841 7,104
Investments 12 258,925 - 258,925 278,244
Cash at bank 171,663 - 171,663 344,662
433,529 - 433,529 631,473

CREDITORS
Amounts falling due within one year 13 (37,309 ) - (37,309 ) (36,649 )

NET CURRENT ASSETS 396,220 - 396,220 594,824

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,445,902

-

1,445,902

1,667,255

NET ASSETS 1,445,902 - 1,445,902 1,667,255
FUNDS 14
Unrestricted funds 1,445,902 1,667,255
TOTAL FUNDS 1,445,902 1,667,255

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


WYTHALL ANIMAL SANCTUARY (REGISTERED NUMBER: 07257736)

BALANCE SHEET - continued
28 February 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 28 October 2023 and were signed on its behalf by:





D I Scott - Trustee

WYTHALL ANIMAL SANCTUARY

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Wythall Animal Sanctuary is a Limited Company Charity in England & Wales. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity information on page 1 of these financial statements. The nature of the charity's operations and principal activities are concerned with Animal Welfare.

The charity constitutes a public benefit entity as defined by FRS 102. 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 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice as it applies from 1 January 2015.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £1.

Income
All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.

Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example, the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure.

No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees' Annual Report.Where practicable, gifts in kind donated for distribution to the beneficiaries of the charity are included in stock and donations in the financial statements upon receipt. If it is impracticable to assess the fair value at receipt or if the costs to undertake such a valuation outweigh any benefits, then the fair value is recognised as a component of donations when it is distributed and an equivalent amount recognised as charitable expenditure.

Gifts in kind donated for resale are included at fair value, being the expected proceeds from sale less the expected costs of sale. Where estimating the fair value is practicable upon receipt it is recognised in stock and 'Income from other trading activities'. Upon sale, the value of the stock is charged against 'Income from other trading activities' and the proceeds are recognised as 'Income from other trading activities. Where it is impracticable to fair value the items due to the volume of low value items they are not recognised in the financial statements until they are sold. This income is recognised within 'Income from other trading activities.

Fixed asset gifts in kind are recognised when receivable and are included at fair value. They are not deferred over the life of the asset.

WYTHALL ANIMAL SANCTUARY

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

1. ACCOUNTING POLICIES - continued

Income

For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. At this point income is recognised. On occasion legacies will be notified to the charity however it is not possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed.

Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred.

Investment income is earned through holding assets for investment purposes such as shares and property. It includes dividends, interest and rent. Where it is not practicable to identify investment management costs incurred within a scheme with reasonable accuracy the investment income is reported net of these costs. It is included when the amount can be measured reliably. Interest income is recognised using the effective interest method and dividend and rent income is recognised as the charity's right to receive payment is established.

Other income includes the conversion of endowment funds into income which arises when capital funds are released to an income fund from expendable endowments or when a charity has authority to adopt a total return approach to its permanent endowment fund. It also includes other income such as gains on disposals of tangible fixed assets.

Expenditure
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings:

*Costs of raising funds includes of salaries and other costs in respect of the Charities shop;
* Expenditure on charitable activities includes salaries and previous costs in respect of Animal Welfare; and
* Other expenditure represents those items not falling into the categories above.

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

Grants payable to third parties are within the charitable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise to a reasonable expectation that the recipient will receive the grants. Where grants are conditional relating to performance then the grant is only accrued when any unfulfilled conditions are outside of the control of the charity

Funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Restricted Funds relates to income from The Andrew Trust which is to be used for the Cattery and Kennels and a donation from P Bernie for the refurbishment of the Kitten Unit.


WYTHALL ANIMAL SANCTUARY

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

1. ACCOUNTING POLICIES - continued

Support costs allocation
Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs, administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources.

Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Freehold property - not provided
Plant and machinery - 33% per annum of cost and 25% Straight line
Motor vehicles - 25% Straight line

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate

Taxation
The charity is exempt from corporation tax on its charitable activities.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Investments
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value with changes recognised in 'net gains / (losses) on investments' in the SoFA if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Current asset investments are short term highly liquid investments and are held at fair value. These include cash on deposit and cash equivalents with a maturity of less than one year.

2. OTHER TRADING ACTIVITIES
2023 2022
£    £   
Petplan Commission 10,065 9,615
Rent Received 11,675 9,067
21,740 18,682


WYTHALL ANIMAL SANCTUARY

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

3. INVESTMENT INCOME
2023 2022
£    £   
Bank interest received 181 10
Investment income 9,905 7,293
10,086 7,303

4. OTHER
2023 2022
£    £   
Support costs 30,691 30,780

There were no related party transactions for the year ended 28 February 2023 nor for the year ended 28 February 2022.

5. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2023 2022
£    £   
Depreciation - owned assets 23,124 26,997
Other operating leases - 4,328

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 28 February 2023 nor for the year ended 28 February 2022.


Trustees' expenses

There were no trustees' expenses paid for the year ended 28 February 2023 nor for the year ended 28 February 2022.


7. STAFF COSTS

The average monthly number of employees during the year was as follows:

2023 2022
Charitable activities 17 16

No employees received emoluments in excess of £60,000.


WYTHALL ANIMAL SANCTUARY

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund fund funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 575,636 - 575,636

Charitable activities
Chartiable activities 59,213 - 59,213

Other trading activities 18,682 - 18,682
Investment income 7,303 - 7,303
Total 660,834 - 660,834

EXPENDITURE ON
Raising funds 15,983 - 15,983

Charitable activities
Chartiable activities 442,679 - 442,679

Other 30,780 - 30,780
Total 489,442 - 489,442

Net gains on investments 24,375 - 24,375

NET INCOME 195,767 - 195,767
Transfers between funds 13,082 (13,082 ) -
Net movement in funds 208,849 (13,082 ) 195,767

RECONCILIATION OF FUNDS
Total funds brought forward 1,458,406 13,082 1,471,488

TOTAL FUNDS CARRIED FORWARD 1,667,255 - 1,667,255


WYTHALL ANIMAL SANCTUARY

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

9. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 March 2022 1,212,883 71,103 10,784 1,294,770
Additions - 375 - 375
Disposals - (7,078 ) - (7,078 )
At 28 February 2023 1,212,883 64,400 10,784 1,288,067
DEPRECIATION
At 1 March 2022 194,070 17,485 10,784 222,339
Charge for year 19,775 3,349 - 23,124
Eliminated on disposal - (7,078 ) - (7,078 )
At 28 February 2023 213,845 13,756 10,784 238,385
NET BOOK VALUE
At 28 February 2023 999,038 50,644 - 1,049,682
At 28 February 2022 1,018,813 53,618 - 1,072,431

10. STOCKS
2023 2022
£    £   
Stocks 100 1,463

11. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
VAT 572 6,077
Prepayments and accrued income 1,834 1,027
2,406 7,104
Amounts falling due after more than one year:
Trade debtors 435 -

Aggregate amounts 2,841 7,104


WYTHALL ANIMAL SANCTUARY

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

12. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Listed investments 258,925 278,244

13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 23,261 25,311
Social security and other taxes 4,994 3,532
Other creditors 5,662 4,606
Accruals and deferred income 3,392 3,200
37,309 36,649

14. MOVEMENT IN FUNDS
Net
movement At
At 1.3.22 in funds 28.2.23
£    £    £   
Unrestricted funds
General fund 1,667,255 (221,353 ) 1,445,902

TOTAL FUNDS 1,667,255 (221,353 ) 1,445,902

Net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 336,315 (538,349 ) (19,319 ) (221,353 )

TOTAL FUNDS 336,315 (538,349 ) (19,319 ) (221,353 )


Comparatives for movement in funds

Net Transfers
movement between At
At 1.3.21 in funds funds 28.2.22
£    £    £    £   
Unrestricted funds
General fund 1,458,406 195,767 13,082 1,667,255

Restricted funds
Restricted 13,082 - (13,082 ) -

TOTAL FUNDS 1,471,488 195,767 - 1,667,255

WYTHALL ANIMAL SANCTUARY

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

14. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 660,834 (489,442 ) 24,375 195,767

TOTAL FUNDS 660,834 (489,442 ) 24,375 195,767

A current year 12 months and prior year 12 months combined position is as follows:

Net Transfers
movement between At
At 1.3.21 in funds funds 28.2.23
£    £    £    £   
Unrestricted funds
General fund 1,458,406 (25,586 ) 13,082 1,445,902

Restricted funds
Restricted 13,082 - (13,082 ) -

TOTAL FUNDS 1,471,488 (25,586 ) - 1,445,902

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 997,149 (1,027,791 ) 5,056 (25,586 )

TOTAL FUNDS 997,149 (1,027,791 ) 5,056 (25,586 )

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 28 February 2023.