Caseware UK (AP4) 2023.0.135 2023.0.135 Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312247627002224762023-02-01falseNo description of principal activity002024-01-31 07916276 2023-02-01 2024-01-31 07916276 2022-02-01 2023-01-31 07916276 2024-01-31 07916276 2023-01-31 07916276 2023-02-01 07916276 2022-02-01 07916276 c:RegisteredOffice 2023-02-01 2024-01-31 07916276 d:CurrentFinancialInstruments 2024-01-31 07916276 d:CurrentFinancialInstruments 2023-01-31 07916276 c:FRS102 2023-02-01 2024-01-31 07916276 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 07916276 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07916276 b:Trustee1 2023-02-01 2024-01-31 07916276 b:Trustee2 2023-02-01 2024-01-31 07916276 b:Trustee3 2023-02-01 2024-01-31 07916276 b:Trustee4 2023-02-01 2024-01-31 07916276 b:UnrestrictedFundsGeneral 2023-02-01 2024-01-31 07916276 b:UnrestrictedFundsGeneral 2022-02-01 2023-01-31 07916276 b:UnrestrictedFundsGeneral 2024-01-31 07916276 b:UnrestrictedFundsGeneral 2023-01-31 07916276 b:TotalUnrestrictedFunds 2024-01-31 07916276 b:TotalUnrestrictedFunds 2023-01-31 07916276 b:TotalRestrictedIncomeFunds 2024-01-31 07916276 b:TotalRestrictedIncomeFunds 2023-01-31 07916276 c:FullAccounts 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 07916276
Charity number: 1154915











VETERINARIANS FOR ANIMAL WELFARE ZIMBABWE UK
(A Company Limited by Guarantee)








UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

 
VETERINARIANS FOR ANIMAL WELFARE ZIMBABWE UK
 
(A Company Limited by Guarantee)
 

CONTENTS



Page
Reference and Administrative Details of the Company, its Trustees and Advisers
 
1
Trustees' Report
 
2 - 5
Statement of Financial Activities
 
6
Balance Sheet
 
7
Notes to the Financial Statements
 
8 - 16

 
VETERINARIANS FOR ANIMAL WELFARE ZIMBABWE UK
 
(A Company Limited by Guarantee)
 

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 JANUARY 2024


Trustees
C L Griffith
M H Donaldson
Trustees
M J Harrison (appointed 18 March 2023)
M H Thorne

Company registered number
07916276

Charity registered number
1154915

Registered office
c/o Cavendish Brooke
7th Floor
125 Old Broad Street
London
EC2N 1AR

Accountants
Shaw Gibbs Limited
Wey Court West
Union Road
Farnham
Surrey
GU9 7PT

Page 1

 
VETERINARIANS FOR ANIMAL WELFARE ZIMBABWE UK
 
(A Company Limited by Guarantee)
 
  
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 JANUARY 2024

The Trustees present their annual report together with the financial statements of the Veterinarians for Animal Welfare Zimbabwe UK for the year 1 February 2023 to 31 January 2024The Annual Report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). 
 

Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
 

The Company also trades under the name: VAWZUK.
 

Objectives and activities
 

a. Policies and objectives
 

The Charity's objects are specifically restricted to: promote humane behaviour towards animals by providing or arranging appropriate care, protection, treatment and security for animals which are in need of care and protection by reason of sickness, maltreatment, poor circumstances or ill usage and to educate and provide training to the public and relevant organisations in matters pertaining to animal welfare in general and the prevention of cruelty and suffering among animals; to include domestic animals, working animals, laboratory animals, farm animals and wild animals.
 

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
 

b. Strategies for achieving objectives
 

We fund and support various projects across Zimbabwe, largely in the care and welfare of domestic animals, including cattle, donkeys, goats, etc. We also help in the funding of a clinic at Victoria Falls where the full-time vet supplies veterinary care and welfare training to local residents both at the clinic and in their villages. This is invaluable as there is otherwise no care available.
 

Page 2

 
VETERINARIANS FOR ANIMAL WELFARE ZIMBABWE UK
 
(A Company Limited by Guarantee)
 
Objectives and activities (continued)

c. Social investment
 

VAWZUK has been set-up by vets to improve the welfare of animals in Zimbabwe. We care for all animals in need, including wildlife, domestic pets, farm animals and working animals. Our agents in Zimbabwe are on the road all day every day and have treated everything from Rhinos to Goldfish!
Zimbabwe is a wonderful country whose people are warm-hearted and love to laugh. However, as in any environment, there is always someone who will mistreat or abuse an animal. In some cases this is deliberate and orchestrated cruelty and in others it is simple neglect which is purely due to ignorance. VAWZ UK will not only rescue and treat abused animals, but we also educate owners as to how best to care for them so as to prevent these situations from re-occuring in the future.
We aim to teach that a healthy, happy animal will provide many years of service and pleasure to its owner without the need for beatings and punishment. Many of the animals we treat are essential to their owners’ survival as without them the owner cannot earn a living and feed his/her family. In these situations, when we help the animals we are therefore also helping local communities to flourish through the improved health and thus profitability of their working animals.
 

d. Volunteers
 

Everyone working with VAWZUK is a volunteer and most of our services are and have been kindly donated by generous supporters, including our website. Therefore almost all of your money goes directly towards helping the animals and NOT in office or administration costs. This is very important to us.
 

Achievements and performance
 

Page 3

 
VETERINARIANS FOR ANIMAL WELFARE ZIMBABWE UK
 
(A Company Limited by Guarantee)
 
Financial review
 

a. Going concern
 

After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
 

b. Reserves policy
 

The Trustees hold monies in instant access accounts to be able to access unrestricted funds as the need arises.  Restricted funds are held in seperate accounts to enable the trustees to spend these funds in accordance with the donors wishes.
The charity only holds restricted reserves where the criteria to spend the money granted has not yet been fulfilled.  Unrestricted funds are spent at the Trustees discretion and where there is identifiable need on specifit projects that the charity supports.
The charity only commits to one-off projects that it already has funds in place for.  As such, the Trustees have a policy of only keeping sufficient unrestricted reserves to cover overhead costs with an additional buffer of circa £1,000.
 

c. Principal funding
 

Regular donors donate to the charity on an ongoing basis and sundry fund raising activities are held during the year and funds allocated to the project that the money was raised for.  Where no specific project is identified, the money is held as unrestricted and spent on projects in ZImbabwe that the Trustees feel would benefit  from the money invested.
 

Structure, governance and management
 

a. Constitution
 

Veterinarians for Animal Welfare Zimbabwe UK is registered as a charitable company limited by guarantee and was set up by a Trust deed dated 19 January 2012 and registered as a charity with the Charities Commission with effect from 6 December 2013.
 

b. Methods of appointment or election of Trustees
 

The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed. The Articles of Association specify that there should at all times be at least three veterinarians on the board.
 

c. Financial risk management
 

The Trustees have assessed the major risks to which the Company is exposed, in particular those related to the operations and finances of the Company, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
 

Page 4

 
VETERINARIANS FOR ANIMAL WELFARE ZIMBABWE UK
 
(A Company Limited by Guarantee)
 
Funds held as custodian
 

The Company works very closely with their fellow charity Veterinarians for Animal Welfare Zimbabwe (VAWZ).  Due to the uncertain political climate in Zimbabwe and the risks associated with holding funds from foreign donors in Zimbabwian banks, the Company holds these funds on VAWZ behalf and disburses the funds in accordance with the donors intentions.
 

Members' liability
 

The Members of the Company guarantee to contribute an amount not exceeding £10 to the assets of the Company in the event of winding up.
 

Statement of Trustees' responsibilities
 

The Trustees (who are also the directors of the Company for the purposes of company law) 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).


Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles of the Charities SORP (FRS 102);
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.


The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.


 

Approved by order of the members of the board of Trustees and signed on their behalf by:


C L Griffith
(Chair of Trustees)
Date: 28 October 2024
Page 5

 
VETERINARIANS FOR ANIMAL WELFARE ZIMBABWE UK
 
(A Company Limited by Guarantee)

 
 
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 JANUARY 2024


Unrestricted funds
2024
Total
funds
2024
Total
funds
2023
Note
        £
        £
        £

Income from:






Donations and legacies

3

3,682

3,682

7,727
 
Investments

4

212

212

-
 
Total income
3,894
3,894
7,727
Expenditure on:






Charitable activities

5

1,631

1,631

7,176
 
Total expenditure
1,631
1,631
7,176

Net movement in funds
  
2,263
2,263
551

Reconciliation of funds:

  




Total funds brought forward

  

11,238

11,238

10,687
 
Net movement in funds

  

2,263

2,263

551
 
Total funds carried forward
  
13,501
13,501
11,238

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 8 to 16 form part of these financial statements.

Page 6

 
VETERINARIANS FOR ANIMAL WELFARE ZIMBABWE UK
 
(A Company Limited by Guarantee)
REGISTERED NUMBER: 07916276

 
 
BALANCE SHEET
AS AT 31 JANUARY 2024


2024
2023
Note
£
£

Current assets
  

Cash at bank and in hand
  
23,946
19,236

  
23,946
19,236

Creditors: amounts falling due within one year
 8 
(10,445)
(7,998)

Net current assets 
  
 
 
13,501
 
 
11,238

Total net assets 
  
13,501
11,238


Charity funds
  

Restricted funds
 9 
-
-

Unrestricted funds
 9 
13,501
11,238

Total funds
  
13,501
11,238

The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

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

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:



C L Griffith
Chair
Date: 28 October 2024

The notes on pages 8 to 16 form part of these financial statements.

Page 7

 
VETERINARIANS FOR ANIMAL WELFARE ZIMBABWE UK

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Veterinarians for Animal Welfare Zmbabwe UK (07916276) is a charitable company limited by guarantee and incorporated in England and Wales.  Its registered office is c/o Cavenish Brooke, 7th Floor, 125 Old Broad Street, London, EC2N 1AR.


2.Accounting policies

  
2.1

Basis of preparation of financial statements

The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Veterinarians for Animal Welfare Zimbabwe UK meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

  
2.2

Income

All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

  
2.3

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. 

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

Page 8

 
VETERINARIANS FOR ANIMAL WELFARE ZIMBABWE UK

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

  
2.4

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

  
2.5

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the reporting date.

Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.

Exchange gains and losses are recognised in the Statement of Financial Activities.

  
2.6

Taxation

The Company is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Company is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

  
2.7

Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.


2.8

Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

  
2.9

Financial instruments

The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Page 9

 
VETERINARIANS FOR ANIMAL WELFARE ZIMBABWE UK

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

  
2.10

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.

Investment income, gains and losses are allocated to the appropriate fund.

Page 10

 
VETERINARIANS FOR ANIMAL WELFARE ZIMBABWE UK

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

3.

Income from donations and legacies




Unrestricted funds
2024
Total
funds
2024
Total
funds
2023
        £
        £
        £
Donations





Individual donations

3,682

3,682

500
 
Corporate donations

-

-

318
 
Gift Aid

-

-

6,909
 
Subtotal detailed disclosure



3,682
3,682
7,727
Total 2024


3,682
3,682
7,727
Total 2023


7,727
7,727


4.

Investment income




Unrestricted funds
2024
Total
funds
2024
Total
funds
2023
        £
        £
        £




Investment income

212

212

-
 


5.

Analysis of expenditure on charitable activities


Summary by fund type




Unrestricted funds
2024
Total
2024
Total
2023
        £
        £
        £




Animal Welfare

1,631

1,631

7,176
 
Total 2023


7,176
7,176

Page 11

 
VETERINARIANS FOR ANIMAL WELFARE ZIMBABWE UK

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.

Analysis of expenditure by activities



Support costs
2024
Total
funds
2024
        £
        £



Animal Welfare

1,631

1,631






Activities undertaken directly
2023
Support costs
2023
Total
funds
2023
        £
        £
        £




Animal Welfare

5,558

1,618

7,176



Page 12

 
VETERINARIANS FOR ANIMAL WELFARE ZIMBABWE UK

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.Analysis of expenditure by activities (continued)

Analysis of direct costs



Total
funds
2024
Total
funds
2023
        £
        £



Other direct costs

-

5,558
 

Analysis of support costs



Total
funds
2024
Total
funds
2023
        £
        £



Governance costs

1,560

1,560
 
Bank charges

71

58
 
Total 2024


1,631
1,618


7.


Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).

During the year ended 31 January 2024, no Trustee expenses have been incurred (2023 - £NIL).


8.



Creditors: Amounts falling due within one year


2024
2023
£
£


Other creditors
7,245
4,798

Accruals and deferred income
3,200
3,200

10,445
7,998

Page 13

 
VETERINARIANS FOR ANIMAL WELFARE ZIMBABWE UK

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

9.

Statement of funds


Statement of funds - current year

Balance at 1 February 2023
£
Income
£
Expenditure
£
Balance at 31 January 2024
£

Unrestricted funds





General Funds - all funds

11,238

3,894

(1,631)

13,501
 

Page 14

 
VETERINARIANS FOR ANIMAL WELFARE ZIMBABWE UK

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

9.

Statement of funds (continued)



Statement of funds - prior year

Balance at
1 February 2022
£
Income
£
Expenditure
£
Balance at
31 January 2023
£

Unrestricted funds





General Funds - all funds

10,687

7,727

(7,176)

11,238
 




Feed Mana - This restricted fund holds monies raised for the Mana Pools project and received into the accounts of VAWZUK. This project has now been completed.
SPCA (Zimbabwe) - This restricted fund receives and dstributes funds donated specifically to support the Zimbabwian SPCA.  

Page 15

 
VETERINARIANS FOR ANIMAL WELFARE ZIMBABWE UK

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

10.

Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted funds
2024
Total
funds
2024
        £
        £


Current assets

23,946

23,946

Creditors due within one year

(10,445)

(10,445)

Total 


13,501
13,501



Analysis of net assets between funds - prior year

Unrestricted funds
2023
Total
funds
2023
        £
        £


Current assets

19,236

19,236

Creditors due within one year

(7,998)

(7,998)

Total 

11,238
11,238


11.


Members' liability

Each member of the charitable company undertakes to contribute to the assets of the company in the event of it being wound up while he/she is a member, or within one year after he/she ceases to be a member, such amount as may be required, not exceeding £10 for the debts and liabilities contracted before he/she ceases to be a member.


12.


Agency arrangements

The overseas funds raised by Veterinarians for Animal Welfare Zimbabwe (VAWZ) from its donors in the UK, Australia and New Zealand, are held and administered by Veterinarians for Animal Welfare Zimbabwe UK (VAWZUK) for which they receive no payment.  The funds raised by VAWZ through corporate donations and private donations received via Paypal  are held under an agency agreement and do not form part of these financial statements.  The amount received in 2024 was £2,447 (2023: £1,801).  Expenses incurred and paid on behalf of VAWZ in the amount of £NIL (2023: £NIL) were deducted from the above income.  At the year end, VAWZUK held funds on behalf of VAWZ of £7,245 (2023: £4,798), is included in Other creditors.

Page 16