Candy's Hound Rescue International
Candy Cane Rescue aims to provide a safe environment in which greyhounds and other breeds rescued from China and from other regions with no/poor welfare laws can be cared for. After rescue, the dogs are brought to local vets and when their health allows they travel to the UK/US to their forever, loving homes.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with unrestricted funds in deficit of £14,109, having incurred total expenditure of £666,456 against income of £693,141. The trustees acknowledge the deficit but forecast future surpluses to eliminate it, noting they are working with creditors to meet liabilities in an orderly manner. The charity's stated reserves policy is to hold two months' worth of cash to cover immediate operational costs.
What the accounts disclose
“There are currently no reserves in place but as a charity our policy for reserves going forward is to ensure that we have two month’s worth of cash in the bank to cover immediate operational costs”
“The Trustees acknowledge there is a deficit on general funds and have been working with their creditors to ensure that the Charity is able to continue its activities while meeting its liabilities in an orderly manner. The Trustees are pleased to report a surplus of income over expenditure in the year and forecast a similar surplus for future years which will eliminate this deficit. As a result of these matters, the Trustees consider the financial statements should be prepared on a going concern basis.”
“During the year, one of the Trustees, Maura Berrini, provided a short-term loan of £5,000 (2023: £10,000) to the Charity. The loan is unsecured, interest-free and repayable within one year. At the year end £2,000 (2023: £8,000) has been recognised as an outstanding liability.” — page 31
“Another short-term loan of £3,000 was also made to the Charity in the prior year by a close family member of a trustee. The balance of the loan at the year-end was £Nil (2023: £1,400). The loan was also unsecured, interest-free and repayable within one year.” — page 31
“During the year, one of the Trustees, Maura Berrini, provided a short-term loan of £5,000 (2023: £10,000) to the Charity. The loan is unsecured, interest-free and repayable within one year. At the year end £2,000 (2023: £8,000) has been recognised as an outstanding liability.” — page 31
“Another short-term loan of £3,000 was also made to the Charity in the prior year by a close family member of a trustee. The balance of the loan at the year-end was £Nil (2023: £1,400). The loan was also unsecured, interest-free and repayable within one year.” — page 31
Funders the charity credits
- CAGED Nationwide
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Benjamin Gothard
- David Gibson
- Elizabeth-Anne Cooper
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £693k | £666k |
| 31/12/2023 | £363k | £348k |
| 31/12/2022 | £390k | £370k |
| 31/12/2021 | £568k | £543k |
| 31/12/2020 | £425k | £510k |
Common questions
Is Candy's Hound Rescue International financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with unrestricted funds in deficit of £14,109, having incurred total expenditure of £666,456 against income of £693,141. The trustees acknowledge the deficit but forecast future surpluses to eliminate it, noting they are working with creditors to meet liabilities in an orderly manner. The charity's stated reserves policy is to hold two months' worth of cash to cover immediate operational costs. Its FY2024 accounts were independently examined.