The Pets at Home Foundation
Financial Statements
52 week period ended 30 March 2023
Charity Number 1104152

Contents
Page
Referen¢¢ and Administrdtive Detsils
Report of the Board of Trustees
Independent Auditorfs Report
li
Statement of Financial Activities
14
Balance She¢t
16
Statement of Cash Flows
17
Notes to the Financial Statements
18

The Pets at Home Foundation
REFERENCE AND ADMINISTRATIVE DETAILS
52 week period ended 30 March 2023
Registered ebarity
The Pets at Home FoundatiQD
Charlty registration number
1104152
Registered office and
operational address
Chester House
Epsom A Yellue
Stanley Green Ttading E51ate
Handforth
Wiimslow
Cheshire
SK9 3DF
The Board ofTru5tttS
Mr A Bates
Mr A Bickerton
Mrs C Curtt5
Mrs C Gavin (resign¢d 17th June 2022)
Mr R Kent (re5igDed 25 January 2023)
Mr G Liugwood
Mrs J Naylor
Audltor
Crowe U.K. LLP
Re8isiered AuditW5
The Lexicon
Mount Street
Manches*r
M2 5wr
Bankers
HSBC
St Ann's Square
MancheAer
M2 7HD

The Pets at Home Foundation
REPORT OF THE BOARD OF TRUSTEES
52 week period ended 30 March 2023
Report of the Board of Trnstees
The Board of Truslee5 present theirreport (ogetherwith the audited fmancial 51atements ofTh¢ Pets at Home
Foundation. the 'Charity' for the 52 week peric4J ended 30 March 2023.
Objeetlves and Activitle$
The Charity was set up with a wide rdnge of objrytives which would enable the Charity io promo* the
welfare of animals. The Pecs at Home FoundatlOD W(Yks alongside like minded partners to support and
the peopl¢ who love them by -
promoting and encourage the rc-homing of adoptable pets;
supporting local animal chariiies and build community reiationsbips:
encourdging responsible pei ownership.
providing temporary or ongoing a55LStance to ensurc can remain with owners
changing the live5 of adulLS and children throu8h the provision of allimai based activiiies
Publi¢ Benefit
The tr￿tee$ confimi thac they have refer￿d to the guidance tn thc Cbarity Commissi¢Jn'5 general guidan¢e
on publi¢ benefit when reviewing the Charity's obje¢tives and aims and in plat￿1￿8 future activiiies for
the year. They consider tha¢ the Chariry's aims aTe Clearly to the publi¢ benefit.
Prlnelp81 Aclivities
The Peis at Home Foundation ¢xi5ts lo create a b¢tt¢r world for w and the people who love them. During
Ihis year th¢ charity continue to focus on this by" supporttng those in need through our grdllt and com￿ullity
partner programme which supports organisation5 that help both pets and people. By working with these
organisations the chariry focusses on making a difference in local comrnunities acros5 the UK helping both
pets in res¢ue centres and also Supporting people who benefii from time and support through the athliuon of
a pei.
The Chariry h&$ continued to focus its activities on th¢ re-homing of pets. Throughout the year. Pets at
Home Group pl¢ {"Pets at Home") Slores played a vital role in the Charity'5 work by caring for small pets
thai are looking for a new home or can no longer b¢ l(K)ked after by their owmers. in dedicated Adopiion
Centres. These Adoption Centres feature in 453 Pets at Home stores.
For those pets whi¢h the Charity do re-home itself. fin￿cial support is pn)vided through grants and
donations io local rescue and re-homing organisations throughoui the UK who dedic*e themselves to
f]nding new Ioviti8 homes forpets. Thousands of pets end up homeless in the UK every year due to changes
their owllers. ¢t￿UMStanCes. Addrlional fijnds are therefore used io educate the public and raise
awareness in matters FKrtaining to animal welfare in genernl and in the prevention of cNelty and suffering
of anirnal5.
Structure, GoverDaDee #ttd MaDagemeDt
Goyernin
Documeni
The organisation is constituted undera trusi d¢ed dated 4 March 2004 as amended 17 May 2004,
13 September 2010, 17 May 2012, 23 August 2017. 3 Augusi 2020. 14 August 2020 and 18
February 2022 and was registered as a charity in England and Wales on 4 June 2004.

The Pets at Home Foundation
REPORT OF THE BOARD OF TRUSTEES (contlnued)
52 week period ended 30 March 2023
Structure, GovernHDce Management (eoDtiDued}
Trusiees
The Trnstees who serv¢d dwing the period and up io the date the report was approved. and theftrattendances
at trusttt me£tÉngs during the period ellded 30 March 2023, are listed below:
Name
Trustee
Meeling
1516)
(316)
(616)
(2t2)
(Y2)
(416)
(616)
Mr A Bates
Mr A Bickerton
Mrs C Curtis
Mrs C Gavin (resigned ITb June 2022)
Mr R Kent (resigned 25th January 2023)
Mr G Lingwood
Mrs J Naylor
The Trusiees received no remuneralion ID the period (2022: £nil) from the Charity for their work.
Trustees are appoinled for a leTm oliwo years and they rny￿ be re-elected by the Trnsree board ￿ the end
of this teml if they wish to remain as a Tn￿[Ce.
Mrs C Gavin resigned a trustee on 17th June 2022 and Robert Kent resigned as a trustee and chair of the
board 25 January 2023.
All new Trustecs rcceive a Copy of the original trust deed and supplementsl deeds and a bookle¢ from the
Charity Commi5sioD explaining their responsibilities. New Twstees also receive a session with the Chair
to discuss their duties and the policies tn place for managing ¢or]flicts of interest.
Risk Mana
ement
The Board of Trus￿eS continually reviews any risks (o wbich the ChoTity may be exposed through revi¢wing
the risk register for the charity throughout the year. The board is i$5ued with the risk register prior to every
board meeting Lo review. Where nec¢s5ary. systems and pr￿$ have been established and implelnented
to mitigate the risks as much &% possibl¢.
This is particularly relevallt to the risks that the Charity faces with regards io the awarding of fmaneial
support to rescues whereby could be awarded io a rescue wher¢ there are concerns around the
governancelwelfare stsndards of the rescue. To Miti￿e this risk the charity have a visii proiocol in pla¢e
for all rescues who apply for funding either through Community Parth¢r progrdm or through the grani
program. Now thai Covid restrictions havc ￿lAY liftrf the charity is now visiting organisation5 requesting
fimdin8 with 73 grant visits taking place within this year. The charity itrdm hav¢ undergone significant
welfarc and p¢r50nal safety trainins wtth site visits 10 5uppon mirigating this risk. The tharity Continues io
seek refer¢n¢¢s along with a detailed follow-up process that is in place for all successful grAni applications.
anisational Struclure
The main Trustee Board met Six times over the year for strdtegy and plannÈng meetings. and also a Special
appointment tneettng. Adapting to the hybrid way of workin& the meetings look place vtrtually or in person.
Whilst the Strdiegrc direction and p)licies are decided by the Trust¢e5, the day-to-day management of the
Charity has been delegated to the Charity Team. As part of the expallsion of the Continued opetsiions. the
charity team has been restructttred within th¢ year and all vacanicies were filled.

The Pets at Home Foundation
REPORT OF THE BOARD OF TRUSTEES (contlnued)
52 week period ended 30 March 2023
Structure, Govern4nc¢ and Management (continued)
Or anisaiional Smicture
continue
Due to the volume of fijnding application$ that were being received by the charitythe board have delegated
for the charity manager and a sub-committee io review any grant fimding reqlrests under £50,000 on a
monthly basis. The mjsrees continued to review grani requests totslling over £50.000, these three meetings
took place outside of the planning and appointments meeiings.
Related Parties
Although The Pets ai Home Foundation 15 a r¢gistered Chariry li is intrinsically linked io Pets at Home
Group ple ("Pds ai Home") and reliant on the business. The busine55 established the Charity and Pets at
Home continues io support the Charity ¢Xtensively. As their nominated Charity, The Pets at Home
Foundation is allowed access to fundraise within stores. the Support Offices and the Disr(ibuiion Centres
and to appr()aeh colleagues. supplier5 and customers of Pets at Home for 5UPPOTL including the Vei Group.
Th¢ main support is the ability to be Yis11)le in every Pets at Home slore. This is eithtt through the presence
of an Adoplion Centre. where small animals are cared for by Pet5 at Home colleogues until they fund their
for¢v¢r loving home. Oiher support is through the display of promotional material and involvement with
undertakingthc Charity's fijndraising activities. This is critical 10 mainlain andgrow the Charity as its largest
source of income is generaied from Pets at Hom¢ colleagues. customers and clients. The presellce of the
Charity within the stores also raises awareness of the work of the Charity and the differ¢ni initiaiives which
offer support io rescues and re-homing centr¢S.
An Adoption Centre in almost all Pets at Home siores raises awareness of the Te-homing of adoptable pets
and increases the opportuniry for pets lo find a new home. The pets within the Adoplion Centres are cared
for by the Pets at Home store I￿n5. and no ¢harge is made for the lime and ¢ar¢ provided by colleagues.
The Charity makes an arLnual financial contribuiion towards developing, designing and insthlling the
Adoption Centres. However. Pets at Home pay for the cosi of the upkeep of the Centres and the food and
bedding required by the pets that are living within the centres. A charge for these services has been shown
within th¢se accounts. with a corresponding donaiion from Pets ai Home. Ifany of the pets require veterinary
treatmeni during theÈr sthy in the Adoption Centres prior io being re-horne4 this is organised by the Pets al
Hom¢ colleague, and paid for by the Charity. All pets looking for a new hom¢ live withiD the Ad¢)p(ion
C¢ntres to avoid confusion with th¢ pets that are for sale. The Charity be¢omes the legal owner of the pets,
following the completion of the do¢umenwion to transfer the own¢rship to the Chariry. Documents ar¢
omplded once the pet 15 adop*d by a new owner. a copy of whith is kepi by the Chariry. Pets at Home
and also the new owner.
In addition. Pets at Home provide the space for the Clwity team to oper* within the Support oifice and
also covers the a550ciat¢d ￿Sts including IT equipmenL 51ationery attd postsge. The knowledge of key
individuals and spe¢ialisi departments within the EMJsine55 ar¢ also available for the Charity to utili5e at no
charge io the Charity.
The Charity has strict guidelines in place to deal with wnflicts of inieresi betwttn the Charity and Pcts at
Home. A Commercial Particl￿orS. Agreemeni w&5 entered in 2006 when the Charity was established
and is regularly r¢viewed to reflect the activities of tMIth the Charity and Pets at Home Group. The
Agreement compli¢s with sec(ions 59- 64 of th¢ Charities Act 1992 and The Charilable tnstitutions (Fund
Raising) Regulations 1994. The Trustees hav¢ also adopted a rela￿d paty transaction policy which is
strictly adhered to. Ullder this policy, any Tn￿le¢S involved in a related paty tran5a¢tion are unable to vole
on matteTS whi¢h present a heightened risk oleonflict or perceived improper valualion.
Although not directly employed by the Clwity. the Trusiees have delegated respornsibility of the ￿e of the
p¢ls in their Adoption Centre5 to the Store Manasers and colleagues wtthin Pets at Home s(ores.

The Pets at Home Foundation
REPORT OF THE BOARD OF TRUSTEES (contlnued)
52 week period ended 30 March 2023
Structure, GDvern8nce and ManAgem¢nt (¢otttittued)
Rel￿ed Parties
coniinued .
Five of the Trustees of the Charity were also eTnployee5 of Pets at Home Group during this time period. Mr
Rob¢rt Ken¢ - Chief d￿2 Officer (Resigned), Mr5 C Gavin Director of Private Brdnds (Resigned) Mr G
Lingwood is th¢ Dir¢¢tor of Distribulion and Logislics, Mr A B￿eS is the Direcior of Supply Chain and
Merchandising. and Mr5 C Curti5 is Sustainability Manager. All other Trustee5 are independent Tnjs￿cS on
the Board.
Review ofA¢tivities
The ¢harity ha5 Continued io build on the foundations that were esthlished in the prior year, eEthan¢ing
suc¢e55ful relationships, conducting bi-annual lisiening surveys io ensure progrdms were relevani and that
we continued to help where needed mosL in the hvdn of local communiries.
A5 Part of the r¢scu¢ grdnt fimding programme, the charity ha5 continued to reach oui to rescues io obtain
feedback of the challenge5 and trend5 that they are being fuced and how the Foundation is best placed to
5UPPOrt. Part of the feedback obtained was the fact the rescues recognised the need Éo adap¢ and support
people within their local communities to ￿ and reduce the number of pers being relinquish¢d, supporting
keeping pets and people together. Rescues repon that food and v￿erinary cosrs are of the 5ignifi¢ant
reasons being cited for surrender. As part of this feedback the Foundation has inv¢sied in a strategi
partnership with Blue Cr05S SUPPOrting a national pei foodbank offering. (op help keep pets and people
together. This proJ￿t sees all Blue Cross siles and hospira15 and over 200 pets siores collecting pet food to
support foodbanks.
This year the charity underwent a recruinneni and re5trucmre meaning the Fundraising Manager.
Funding aud Partnerships Manager and Community Team Lead report into the Charity and Community
Manager whilst managing their own small teams.
Community and Grant funding
Thi5 year we continued io support rescues across the UK with our grdnt programme de$l￿ed io help and
support pets whÉlst in rescues, thÈs year also the Second full yeur that our grant programme support¢d
¢hariiies that help people through the addition of a peL
The rescue grani progr8nMn¢ h&$ awarded £1.468.396 to 64 rescues over this year. the biggest donation thai
has been made within this year 15 lo Carditf Dog5 Home, donating £180.(H)O to the rescue which cares for
over 600 dogs a year, these fi]nd5 will help them with transforn]ing their current kennels and create an
isolaiioll clock. wei room. tneet alld Br¢ei mom and $p3¢¢5 lor stsff and volunteer5.
The 'Helping People Through Pets. prOgran￿)e h&% grown from strength io strength with £1.271.074 being
awarded to 26 orgallisaLions. with a further £1,242.365 being pl¢dg¢d to 16 organisation5 in furure years.
Pets As Therapy are the recipienLS of the FouAdatron'5 biggest ¢ver grdnt - £346,237 over three years
(£71,851 in Year One, £137.051 ill Year Two. £137.334 in Year Three), award¢d in May 2022. Pets As
Therdpy volunteers tak.e their specially trained dogs into settings such &% bospitsls, schools, care homes,
hospice5 and more, bringing a smile ro many faces. People get the clmnce to Chat to Someone, and stroke
and cuddle a friendly dog or cat. PAT volun(eers alld their pets biios comfort and cotDpanionship to people
living in residential care who may feel lollely or isolated- they support schools to help young people improve
their literacy skills and concentration- their hospiral visits can aid in a wieni's recovery and improve mental
health and wellbeing. The grdnt from the Foundation is being usedto restructure the or8allisation. expanding
their team tnto the North West so they have local staff able 10 recruit new volull(eets. build relationship5
with rnore establishments, and fimdamentally touch the lives of moTe people. By the end of the r￿St year the
charity airns to increase the nlunber of volunteer5 in the North West lo nearly 400. it aims io work with over
500 differenl estsblishrnents. and ts> conduct over 140,000 vi5iis lo individual pet lovers.

The Pets at Home Foundation
REPORT OF THE BOARD OF TRUSTEES (contlnuedj
52 week period ended 30 March 2023
Commullity attd Grnnt fund5Dg {eontin¥td)
One of the Foulldatioll's core acitviiies is the'community pattrer programme. this gives every Pets at Home
store an opportunity to pattrer with an organisaiion. rnisin8 funds and awareness of their work within the
local comrnunity. The Foundation supports over 3(X) community partrets. all of who were welcomed back
inio our 5tore5 this year following the Coyid pattdemic. Our community parthers embraced this news and
attended Pets at Horne 51or¢s for oyer 10.000 hours through the Sallta Paw5 ap￿31 with £792,000 beills
donated io our partrers after the appeal.
This year the Foudatiott h&% awarded a record breakill8 £4.9m of fmancial support to organisations who
share the vi50n o(creatin8 a l*tter world for pcts and the people who love them across across the UK,
Adoption CeTrtreJ
The charity Continues to support small animal adoption across its centres iti 453 Pds at Home stores. Our
centres exist for any owner that can no longer care for their stnall pet. The Foundation takes the pet in
covering any tnedical care Cots that may be neede4 tskiD8 eare of thc IKt until the ri8ht hiHne can be found.
When a rabbi¢ 15 ad(7Pted from one of the centre% it Ileave5with vouchers fora free health check, vaccination
and neutering, which can be redeemed by the new owner ai their local VeL% 4 Pets or Companion Care
sur8ery, many of which can be found inside Pets ai Horne pet care ccntcs.
The documentation 5urroundin8 the adoption of a new pet 15 revicwed regularly and any amcnthnEllts or
updat¢S are comrnunicated to all stores and updated brief￿8 documents provided. The Adoption Centre5 are
onÉtorcd in store by the Field Pet Partners which are employed by Pets at HO￿e.
The adoplion process is undertaken throu8h the Pets At Homc 'Pet Pads, (in-store iPads caTrytng besp)ke
50ftware used by Pets Ai Hotne colleagues).
Thanks to Pets * Home collea8lles who care for these pets and rehome them to their forever home the
charity rehomed txearly 40,000 pets. Over the 1&81 15 year5 the Foundation h&5 adopted over 930.000 pcL%
into lovin8 homes.
Futtdrlllsing
The Pets at Home Foundation subscribes io the policies of the Fundraising Regulator. which oversees
fundraising activity. The Fundraising Regulator invesiigares and where necessary takes appropriate action
tn cases of public concern. It links with the Fundraising Regulaior and the InsiiDJie of FundJ7ising to improve
its sLThdards and ensure its aciivities meer the expecrations of our supporters and the wider public. Full
details of the Fundraising Regulaior and the codes of our fimdraising praciice can be found at
www.fundraisingregulator.org.uk. This Charity is licensed by the Gambling Commission for our lottery and
rdffles.
The Charity is particularly aware of the n¢ed to protect and safeguard vulnerable individua15 in any of its
fundraising. Our vulnerable per50n'5 FN)Iicy 5els out the high standard5 we commii to meeL and the Charity
regularly review the policies, procedure5 and wfornlance acr055 our own activities.
Oyer th¢ ¢our5e of thi5 financial year the Charity dithi't receive any complaints from the Fundraising
R¢gul8ior relating to its fimdEaising. which relatrd io the fifftthaising a¢tivity und¢rtsk¢n in Pets at Hom¢
$tore$.
Th¢ Trnste¢s are happy that the processes atjd procedures amund dats proteciion and privacy are robus¢ and
tha¢ they are fair. transpareni and a supporter's preferences ulLiinately guide the conjmunications they
receive and their relationship with the organisation.

The Pets at Home Foundation
REPORT OF THE BOARD OF TRUSTEES (Contlnued)
52 week period ended 30 March 2023
Fundraising (eolltlnued)
The charity has had one of the m05t success￿1 years with filndraisins rdiSiDg over £6.] million to belpcreate
a better world for pcts and the people who love them.
This year the eharity trialled a new forniai for the Summer fiLndrai5er, whereby one national charity
benefitted from funds rdi5ed across the Pets at Home Group. The work of Hearing Dogs for Deaf People
was supported through the month of July 2022. which clearly resonated with colleagues and custome￿, as
the 4 week appeal rdiS¢d over£644.000. The donation io thc charity has helped to support their hewit)g dog
partnership5 throughout th¢ UK. supporting 377 hedrillg do8 p3rtn¢r5hips which equaies to over a thÉrd of
their partnershi￿ in the UK.
The hi8hli8ht of the year came once again in the fonn of the aTmual Chrislmas Santa Paws Appeal. wbic
raised nearly £2 rnillion in the five-week njn-up io cbristM￿ Eve. Building on successes from previous
years. Pets at Home's Groom Room ran their dedicated christm￿ Spa package. With each package so14
£1 w&5 donated to the Foundation. This again was a success for th¢ Foundation, raising oYer£23.0(M) forth¢
Foundation.
This year based on feedback from Pets ￿ Home collea8ues, the Foundation decided not ￿ hold a valentines
event in store, but instead host an Easter evenr to support our community paTthers. whicb was hosted in
April 2023 and raised a staggering £260.000 over 7 days Èn England and Wales and 8 days ill the Scottish
Pets a¢ Hom¢ stores.
Most of our fi]nding comes via the Pets at Home Group. thaT￿S to the dedication of siore ieams attd the
generosity of thcir customers and clienrs. The charity W(￿[d like to thank all those who have supported their
work thas year. Ev¢ry don￿lOn makes a huge difference to pets and the people who love them.
Plans for the Future
This year the ¢harity will roll out the new 5 year Strdte&y. fc*ussin8 four key focus are4 as follows.
Diversify our income str&wns. exploring altemative thanne15. To reduce risk and ensure sustattiable
in¢omc str¢am5 are Secured for the funtre.
Wot*in8 10 identify critical interventions which would have a signifi¢anl impact on keepin8 pets
in loving homes.
Driving systemic change by working with like minded partfteTS.
4. Communicating the work of the Foundation to all stakeholders with a consistent approacb
thanking our support¢r5.
The newly Smicll￿ed team will Work io drive fonvard and embed the straiegy of the Fowidation.
The Foundation are actively recruiiing new member5 to the trustee boar4 havtng recently conduciod a skills
matrix, this year we are hopeful to re¢wit new board memEers who can support the ¢xi5ting board and
harity team in delivering the strategy and future direction of travel for the charity
Buildiug on the success of last year. we are incredibly ¢x¢ited to 5UPPOrt Hearing Dogs for a second year
for our national summer apFvdl. building on th¢ gr¢a¢ Telation5hip thai has already been established and
supporting their mission to help deaf people leave lon¢line5s behind.
This year will se¢ u5 continue to ENJild on the strong foundations we have latd down with the pet food bank
initiative supporttng th¢ key Straiegic pillarofhaving a significani impact om keeping pets in lovtn8 homes.
We will continue to reach oui io our financial beneficiaries holding list¢nTng survey5 and gathering feedback
and understsndin8 trellds io ¢nsur¢ the support we offer is relevant and reactive to their needs. continuing
to build rela(ionships and supporf pets and the people who love them acro55 the UK.

The Pets at Home Foundation
REPORT OF THE BOARD OF TRUSTEES (contlnued)
52 week period ended 30 March 2023
Financial Review
Total incoming resources in the period increased by £485.482 to £6,170,596 (2022: £5.685.114). The
increase is due successful fithtsing campai￿$ and the wnlinued sUPPOrt of Pets at Home and its
collegues.
Donations income in ihe period amouft*d increa$ed from £4273,398 to £4,879.(XM and Income frnm
Chariiable Acrivities rose from £805.304 to £867.J35. tncome received from other trading aciiviiies in the
period amoun(ed 10 £423.165 (2022.. £606,068). Th¢ Charity is pleased that it ha5 significanily increased its
grant expenditure in the year even though il r¢sulied in a net income deficii.
At the end of the reporting period. total unrestricted fim(ts were £4,089,590 (2022 £4.296.528}. Restricted
funds of £852 (2022.. £95.853) related to the sale of RSPCA. Scottish SPCA and Cats Prorection and Hearing
Dogs for Deaf People merchandise which hav¢ yet to be donated to the relevani charity of £852. in 2022
the restrtcted reser4es included £90,864 from the Charity'5 Ukraine Appeal. The Appeal is now closed alld
all the fund paid out to chariiies helping Ukrdine.
The total funds of the chariry were £4.090.442 (2022: £4J92,381). This decrease compared ro 2021 is a
result of the increase in both the number and th¢ aTnounts of the grdnts awarded in rhe year. The charity has
set aside £1.242.365 (2022: £720.238) of its unrestricted reserves for grdnts for 2-3 year projecLS where w¢
have funded the initial year of the proj¢¢¢.
The charity continues io hold cash resetves of £4.337.636 (2022: £4.343,863).
Princi
al Fundin
Sources
The principal fundints sources for the Charity ore: donations for pets via the adop(ion scheme, fundrnising
acrivities withÉn Pets at Home llores, V¢iwinary Surgeries, Support o￿l¢e and Distrtbution Centres. Thi5
year saw an incrvdse in fundraising from individuals through virtual events. merchandise sales of face
coverings and on-line donations via Pets ai Home website.
Goin
concern
The chariry reported a deficii of £301.939, a cth oufflow of £6,227 for the year and hold cash reserves of
£4,337,636. The budgets have been prepared for the nexi two yeaT5. and are continually reviewed by the
team and the misiee board. The Erus(ees have &ssessed the risks to the charity a5 we come out of the
Coronavirus Crisis and the curreni cost of living crisis and the impaci thi5 may have on animal rescues and
re-homing Organi￿lOn5. As a grant giving charity. the charity would be able to significantly reduce its
expenditure in the even( of a significanr fall in income. Therefore. the Iwstees are confident tha( the chariry
ha5 Sufficient fujancial resources io continue 18 a going Concern for the foreseeable future.
Fin¥tt¢ial Review
Financial
ortt
charities
Granl-MakingPoll
Fundill8 is awarded in line with the 'Grant Ful￿1ng Criteria, documenL although Trnw¢s can use their
discretion to award futtds outside of these guidelines if they deem it appropria￿. The fijnding ￿lleria 15
reviewed on a regular b&%is and rrfollllneDdations made to the Trustees for approval. Following
confmaiion of the criteria they aremade publicly 4vailableon the website and communicated to all ￿￿ueS.
All applications are subject to a follow llp and evaluaiion pffKes5 to ensure grants are used for the
PUTP)se for which they were awarded.

The Pets at Home Foundation
REPORT OF THE BOARD OF TRUSTEES (contlnued)
52 week period ended 30 March 2023
Flnanelal Review (eontinued)
Financial Su
ort to rescues and et charities
ontinued
Granls
A total of 64 grants were awarded to the rescue sector. fuDding £1,468,396. This compared to the 2022
programme which supported 70 grants of £l.I million. tn addition th¢ charity has 5UPPOrted 26 pe(s amd
peopl¢ charities funditi8 £1.271.074. pledging a fither £1242,365 10 16 organi5alion5. Thi5 compared io
th¢ 2022 progrdmme which supported 16 pets and people ¢harilie5 fimding ov¢r £537.000 and pledging a
fiwther £720,000 which is held in a separate de5igna¢ed fiwd with unrestricted reserves.
Community Parlner Programme
This support program has Colltillued io prove a very effective way of workiDg with chaTitie4 allowing an
orgai]15a¢ion and st(Trre io work ill collabor*ion io deliver nol only funds for the r¢s¢ue5 but also raise
awareness irt the local community of the rescue and the pets ID their car¢. This year we have supported over
300 organisatlOU5 with over £792.000.
Investment Poli
The aim 15 for m05t of the Charity's fi￿d$ to be spent in the short terni 50 there ar¢ f¢w filnds for long iemi
inve51Tn¢nt. Funts itt cxcess of those required forday-io-day cash flow are h¢ld a flexiblc iuterest-bearing
Current ¥courtt.
Re5¢rve5 Poli
Th¢ Trustees regularly review the reserves pollcy. The pM)licy states that the Charity will hold general
r¢s¢rv¢s sufficient to cover approximaiely 12 months of running costs includill8 administrative costs,
neuterin8 vourhers alld adoption pets upkeep and vet bills. Based on the 2023-24 bud8eL thi5 is estimated
to b¢ £1.5￿. The reserve policy will be reviewed every 3 year5 or earlier if therc is a change to the chariry's
activi¢iES.
A5 at the year end the charity has unrestricted general re5crvcs of £2,847.225 excluding desisnaied fijnds.
By reintroducing ihe grani programme whereby r¢scues cati requcst fi]nding for a wide range of purposes.
and the broadenin8 of our objectives EO SUPPOrt organi5ations WI￿ help people through a pet the Charity
anticipate usins these reserve5.
State￿ent of Trnstees? Respon5ibililie5
The Chartty's accounts have been prcpared in accordance with the Staiemeni of Recommended Practice
applicable io charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effecrive l January 2015). and with United
Kingdom Generally Accepl¢d A￿OUntIng Praclice (United Kingdom Accounting Shindards and applicable
law).
Law appli¢able to charities in England. Wales and Scotland requires the TTUStees to prepare fman¢ial
statemenls for each [￿all¢la1 year which give a true and fair view of the Charity's financial activities during
the year Jnd of its finartcial psition at the eDd of the year. In preparing these financial 5tat¢ments, the
TThslee5 are required to:
select suitable accounting policies and then apply them con5tstently:
make judgements ynd estitRate5 that are relwnable and prudent:
prepare the financial statements on the going concern basis UDle55 it 15 inapproprtate to
presume that the Charity will continue in operntr¢)n.

The Pets at Home Foundation
REPORT OF THE BOARD OF TRUSTEES (¢ontlnuedJ
52 period ended 30 March 2023
Staternent of Try5tee5' Responsibilities (continued)
The Truslees are responsible for keepiu8 proper accoiuiting records which dis¢los¢ with r￿sOnableaCCura¢Y
at any (ime the f￿ancIal position of the Charity and whicb enable them toensure that the fmancial si2iem¢nts
omply with the Chariiies Act 2011. Th¢ TTUStees are also resw)llstble for safeguarding the assets of the
Charity and hence for thkin8 r￿Onable Steps for the prevention and detection of fraud and other
irregularities.
In 50 far as the Trustees are aware:
there 15 no relevant audir illforni*ion of which the Chariry's audiior 15 unaware. and
the Trustees have tsken all sieps th* they ought lo have taken to make thems¢lve5 aware
of any relevani audit infonnalion and to establish that the auditor is aware of that
inforniation.
Signed on be
e board
Mr A Bate
Vice4hair
28 June 2023
10-

The Pets at Home Foundation
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE PETS AT
HOME FOUNDATION (FORMALLY SUPPORT ADOPTION FOR PETS)
52 week period ended 30 March 2023
Opinlon
W¢ have audiied the f￿anCial statements of The Pets at Home Foundation ('the charity.) for the 52 weeks
ended 30 March 2023 which comprise the Sthtement of Financial Activities. the Balance Sheet. the
StaiemeDt of Cash Flows and nole5 to the fmancial 51aternents, including significant accounting policie5.
The financial reporttng framework thai has been applied in their prepw21ion is appli¢able law and United
Kingdom Accountillg Standards including Financial ReFKFrting Standard 102 The Financial Reponing
Standard app1[￿ble in the UK and Republic of Ireland (United Kill8dom Generally Accepted Accounting
Practice).
In our opinion the fman¢ial swements:
give a tru¢ and fair view of the state of the chariry's affair5 as at 30 March 2022 and of its income and
expenditure, for the period then ended:
have been properly prepar¢d in accordance with United Kingdom Generally A¢¢epied Accounting
Practice. and
have been prepared in accordan¢¢ with the requirements of the Charities Act 2011.
B#$is for oplnlon
We conducted our audit in accordance with Iniernaiional Sfandards on Audiiing (UK) (ISA5 (UK)) and
applicable law. Our responsibilities under those stsndan15 are fillther described in the Auditor'5
responsibilities for the audit of the finJn¢ial stsiements section olour report. We are ind¢pendeni of the
charity in accordance with the ethirdl requirements thai are relevaut to our audit of th¢ fu￿1claI statements
in the UK, including the FRC'5 Ethical Standard and we have tuifilled our other ethical respollsibiliries in
accordance with these requirements. We believe that the audit evidellce we have obtained 15 sufficient and
appropriate to provide a basis for our opinion.
Conclusions relating to goittg eoneerD
In auditÈng the financial staiemenw we have concluded the trnsteds use of the going ¢oncern basis of
accounting in the prepararion of th¢ fvancial sthtements 15 appropriate.
Based on the work we have perfonne& we have not identified any material ullcenaintie5 relating to events
or condition5 thal, individually or collectiv¢ly. may casi significant doubt on the charity's ability to
coniinue as a going eoncem for a period of at leasE Nelve months from when the fmancial statements are
auihorised for isSU¢.
Our responsibilities and th¢ responsibilitie5 of the trustees with respect to going concern are described in
the relevani section5 of this report.
Other iDforrnatioll
The rrustees are responsible for the other inforniaiion contained within the annual report. The other
inforn)aiion comprises the inforniation included in the annual reporL other than the fmancial slatem¢nts
and our auditor'5 rcport thereon. Our opinion on the fmancial statements does noi cover the other
inforniation an4 except to the extent othenvise explicitly ststed in our repoo we do not expr¢ss any form
of assurance conclusion thereon.
Our responsibility is to read the other Infonnati￿ an¢ tn doing so, consider whether the other information
is materially inconsistcnl with the financial slatements or our knowledge ob¢ained in the audii or otherwise
appears ¢0 be materially misstated. If we identify such material inconsi51eneTes or apparent material
misststements, we are required ro dete￿ine whether this give5 rise to a n]aterial misstatement in th¢
fmancial statements themselves. If. ba5¢d on the work we have perfomied we conclude that ther¢ is a
material mi5Statemeni of this other infomiaiion. we are required to report that faci.
We have nothing to reEXTrrt irt this regard.
11

The Pets at Home Foundation
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE PETS AT
HOME FOUNDATION
(CONTINUED)
52 week period ended 30 March 2023
M4tters on which we 4re requlred to report by ex¢tptlDn
We have nothing to report in respe￿ of the following matter5 in rel*ion io which th¢ Charkties (Accounts
and Reporls) Regulations 2008 requires us io repon to you if, in our opinion-
the itiforniaiion given in the furdnctal statements 15 inconsisteni in any material respect with the
tru5tces' report. or
sutTicient and proper accounting record5 have not been kept by the charity: or
th¢ fmancial statements are not in agreement with the accouniing reconts and returns: or
we hav¢ not received all the infonnalion and explan￿LOn5 we require for our awliL
Responsibilities of tru$tee5
As explained more fully in the trusl¢es' rcspOnsi￿ilI1IcS slatemen¢ set oui on page 9-10, the Iwst¢¢s are
responsible for the preparaiion of the fmancial stsiements and for being satisfied that they giv¢ a true and
fair view, and for such internal control as the trusiees detennin¢ is necessary (o enable the preparation of
fmancial 5tatetnents that are free from material missratemenL whether due io fraud or error.
In preparing the f￿anCial statements, the truste¢s are Tesponsible for asse55ing the charity's ability lo
ontinue as a going ¢oncern, disclosing. as appliuble. Tnatters related to going concem and using the
goin8 collcern basis of accountin8 unless the truslees ¢ither intend io liquidate the ¢harity or io Cfdse
op¢rdtions. or have no r¢ali5tiC alternarive bui to do 5Q.
Auditor's responsibilities for the audlt oC¢he financial ststemellts
We have been appoiuted Is auditor under 5CCtIOD 151 of the Charitie5 Art 2011. report in accordance
with the Acts and relevani ￿gUlationS made or havtns etTeci therewider.
Our objectives are io obtain re&50nable assurance about wbether the fmancial 5tsternents &8 a whole are
free from maierial misstatem¢nL whether due io fraud or error, and io issue an auditor'5 report that
includes our opinion. Re&sollable assurance is a high level of assurance, but 15 not a guarantee that an audit
conducted in accordanc¢ with ISAS (UK) will always detect a material mis5tatern¢nt when it exisrs.
Misstatements can aTise fro￿ fraud or ernr and are considered material if, individually or in the
aggregate. they could re￿o￿ab]Y be expected io influence the economic decisions of users tsken on the
b&5is of these fman¢ial 5taternents.
Detai15 Of th¢ exient to which th¢ audit w&8 considered capable of detecting irregularitie5. including fraud
and non-compliallce with laws ar￿ r¢gulations are set oui below.
A futther de5¢riPtion of our responsibilities for the audit of the financial 5ts1emen(s is locaied on th¢
Financial Reporting Council's website at: www.frc.or&uklauditorsr¢sponsibilities. This description forni$
part of our auditor's repo
Extettt to whieh tbe audit eonsidered capable of detecti￿g irregulariti¢4 iDcludittg frAud
Irregularities. including frau(L are instances of non-compliaDce with laws and regulations. We ideniified
and assessed the risk5 of mat¢rial miss￿eMen1 of the financial ststements from iTregularities, whether due
to fraud or etTor. and discussed these between our audit leam members. We then designed and perfornied
audit procedures re5P0Tr5ive to those risks. including obtsiDiDg audit evidence 5uffi¢i¢nt and appropriate to
provide a basis for our opinion.
We obtuined an UnderS&￿ding of the legal and regulatory frJm¢work5 within which the charity opcrates.
focusing on those laws and regulations t}￿ have a direct effect on the derern)inalion of material amoun(s
and disclosures in the fujancial statements. The laws and resulations we considered in thi5 context were
the Charities Act 2011 together with the Cbariiies SORP (FRS 102). We assessed the required compliance
with these laws and regu]aiions &% part of our audil procedurts on the ￿lated financial statement items.
12-

The Pets at Home Foundation
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE PETS AT
HOME FOUNDATION
(CONTINUED)
52 week period ended 30 March 2023
Extent to which the audit W85 considered capable of detecliDg Irrtgularitie4 In¢ludiMg frnud
(continued)
In addition. we cottsidered provisions of other law5 and regulations that do not have a direct eff￿t on the
f￿an¢tal sraiements but compliance with which mighi be fijndamencal io the thariry's ability to operate or
io avoid a maierial penalty. We a150 considered the opportunities and inc¢ntive5 that may exist within the
charity for fraud. The laws and regulations we considered in thi5 context for the UK operation5 were the
Fundraising Regulations and the Gambling Commissiott Regulations.
Audiiing standards limit the requited audit procedures to ideniify non-cornpliance with these law5 and
regulations to enquiry of the Tn￿lee$ and other illanagement and inspection of regulatory and le8ai
coTresponden¢e, if any.
We identified the grraiest risk of tnaterial impa¢1 on the fJnan¢ial statements from irre8ulariti¢S. including
fraud, to be within th¢ override of controls by management. Our audit procedur¢5 to respond to these risks
included enquirtes of managemeni, Sample iesiing on the posting ofjournals, reviewing accounting
estimate5 for biase5, reviewing regulatory correspondence with the Charity Commission and reading
minutes of meetings of those charged with goyernance.
Owing ro the inherettt limitations of an audiL there is an unavoidable risk that we may not have detected
some maieraal misstsiements in the rtnan¢ial statements, even though we have properly planned and
perfornied our audit in accordance with auditing stsndards. For example, the fiffther removed non-
compliance with laws and regulations (irregularities) is froTn the events and transactions reflected iti the
financial statements, the les5 likely the inherenily limited pr(￿edureS required by auditing standards would
identify ii. In aildition. ￿ with any audiL there remained a higher risk of non4lerection of irresularitle5, as
these may involve collusion. forgery. inieniional omissions, misrepresentations. or th¢ override of internal
ontro15. We are not responsible for prevettiitig non-compliance and cannoi be expected to detect noll-
ompliance wrth all laws and r¢gulation
Use of our report
This report is ￿ade solely EO the ¢harity's m￿1¢¢5, as a body. in accordance with Part 4 of the Chartiies
(Accounts and Reports) Regu]21ions 2008. Our audit work has been undertaken so that w¢ might stste io
the Charity's trustees those matters we are required to stsie to them in an auditor's report and for DO other
purp052. To the fullest extent pemiilled by law. we do not accept or assume responsibility to anyone other
than the charity alld th¢ charÈty's trustees as a body. for our audil work. for this repor( or for the opinions
we hav¢ forn]ed.
LLF
Crowe U.K LLP
Statutory Auditor
The Lexicon
Mount Street
Man¢hester
M2 5NT
28June 2023
13-

The Pets at Home Foundation
STATEMENT OF FINANCIAL ACTIVITIES
52 week period ended 30 March 2023
Totsl
FuDds
Total
Funds
Restricted Unrestricted
Funds
Funds
2023
2022
Kote
INCOMING RESORCES
Income and endowments from:
Donations and legacies
In¢ome from other trnding activities
Income from charitable activities
Investment income
626,327
33,855
4,252.677
365.827
867.335
24.575
4.879,OD4
399,6K2
867J35
24575
4273a98
606,068
805J04
343
Totsl incom¢
660.182
5,510,414
6,170596
5.685,114
RESOURCES EXPENDED
Expenditure on:
Costs of rdising funds
Expenditure on charilable activities
73.082
682.101
213.801
5,503,552
286,882
6,185.653
433.018
4,431J44
Total expenditure
755.183
5.717.353
6,472￿3
4,864362
Net (Expenditure)IIncome
movement of funds for the yegr
(95.001) {206,938) (301.939)
820.752
IiECONCILIATION OF FUNDS
Total funds brought fonvard
95.853
4.296.528
4J92 J81
3,571,629
Total funds carried forwydrd
16
852
4.089.590
4,090,442
4J92J81
The Sthtemeni of Financial Activities includes all 8aiD5 and 1055¢5 in the period and therefore a staiejllent
of total recogni5ed gains and losses has noi been prq)ared.
All of the above amounts relate to coniinuing athiviiies.
The note5 on pages 18 to 29 fom] part of these fmancial suements.
14-

The Pets at Home Foundation
STATEMENT OF FINANCIAL ACTIVITIES
52 week period ended 30 March 2023
Restricted Unrestricted Total Funds
Funds
Funds
2022
INCOMING RESORCES
Incotne and endowments from:
Donations and legaci¢s
Income from other trdding activities
Income from charitable aciivities
Investment income
90,864
24.555
4.182,534
581,513
805,304
343
4273J98
606,068
805J04
343
Total income
115.419
5.569,695
8685,114
RESOURCES EXPEIYDED
Expenditure oll:
Costs of raising funds
Expenditure on charitable activities
433.018
4.394.928
433.018
4.431J44
36,416
Total expenditure
36.416
4.827.946
4,864 J62
Net In¢ome and movement of fuuds for
¢be year
79,003
741.749
820.752
RECONCILIATION OF FUNDS
Total funds brought forward
16.850
3.554.779
3,571.629
Total funds carried fonvard
16
95.853
4.296,528
4J92J81
15-

The Pets at Home Foundation
BALANCE SHEET
52 week period ended 30 March 2023
2023
2022
CURRENT ASSETS
Debtors
Cash at bank and in hand
13
441,601
4.337,636
207.526
4,343.863
4.779237
4,551.389
CURRENT LIABILITtES
Crediiors: Amounts falling due within one year
14
688.795
159,008
NET CURRENT ASSETS
4.090.442
4,392.381
TOTAL ASSETS LESS CURRENT LtABILfTIES
4.090.442
4,392.381
FUNDS OF THE CHARITY
Unr¢stri¢ted income funds
Restricted in¢ome funds
15, 16
15, 16
4.089.590
852
4.296.528
95.853
TOTAL FUNDS
4.090.442
4,392,381
Th¢ notes on pages 18 to 29 fonn part of these fmancial slatements.
The5c f￿ancial ststements were approved by the Board of Tn￿le¢S on 28th June2023 and are signed on their
behalf by..
MrA Bate5
Vlctrchair
28June 2023
16-

Pets at Home Foundation
STATEMENT OF CASH FLOWS
52 week period ended 30 March 2023
2022
2021
C&qh flows from operatiDg activities:
Nel cash provided by operdting activities
Casb flow from investing activities:
Bank interest income
(30,802)
826.354
24,575
343
Change in c&%h & cash equivalents in the reporting
period
Cash & cash equivalents at the begitllting of th¢
reporting ttriod
(6.227)
826,697
4.343.863
3,517.166
C95h & cash equivalettts at the end ofthe reportiDg period
4.337,636
4,343,863
Recon¢iliatioL of Det movemen¢ ID funds to net cash flow froJD operatiog activities
2023
2022
Net (expenditureyincome lor the reporting period
Adjustments for:
Increase in debtors
Increase in Creditors
Bank interest income
(301.939)
820.752
(234.075)
529.787
(24,575)
(6.404)
12.349
(343)
N¢t ¢ash provided by operdtin8 activities
(30,802)
826.354
Analysis of ¢ash & equivalents
2023
2022
Casb in balld
4,337.636
4.343.863
Recollciliatlon of Det debt
2022
Cashflow
2023
Cash in hand and at bank
4J43.863
(6.227)
4.337,636
All amoullL8 relate to ¢ontinuing activiries.
The notes oll pages 18 to 29 form part of these fthaTheial Statements.
17-

The Pets at Home Foundation
NOTES TO THE FINANCIAL STATEMENTS
52 week period ended 30 March 2023
Accountiug Policies
BASIS of Accounting
These financial Slatemenis have beell prepared wider the historical cost convention with itetns recognised
at cost or transaction value unle55 otherwi5¢ Stated iti the relevant notes to these accounts.
The financial statements have been prepared in aceordance with the Stst¢ment of Re¢ommended PrdCiiCe'.
Accounting and Reporting by Charitie5 preparillg their accounts in accordance with the Financial ReportÉng
Standard appli¢able in the UK and Rcpublic of Ireland (FRS 102) issued in January 2019.
Aceounling reference date
The f￿ancial statements of the charity are prepared to the Thursday nearest to 31 March. Aewrdtngly,
these f￿anCial starements have been prepared lor the 52 weeks end￿ 30 March 2023 {2022- 53 wttks
ended 31 March 2022).
Prep#rntlOD oftbe 4ccouTrts ou a going conctrn b3515
The eharity reported a defici¢ of £301.939, a wh oufflow of£6,227 for the year and hold c&sh reserves of
£4,337,863. The budgets have been prepared up 10 Jun¢ 2024. and are continually r¢vi¢wed by th¢ team at]d
the trustee board. The tTUStees have assesscd the risks to the clwity includtng the cujrenl cost of living crisis
and thc impact this may have on aE]imal rescues and re-homing Organis￿l0nS. As a grant giving charity. the
clwity would be able to signaficantly reduce its expendirure in the event of a significan( fall in income.
Therefore, the rnESte¢5 are confident that the charity h&5 sufficient fuwlcial resources to continu¥ a5 a goin8
concern for the foreseeable futtwe.
Income and EDdowmeDts
All income is included tn the Sthtement of Financial Activities when. the Charity is eniitled to the resources;
the charity becomes entitled to the resouryes" and the rnonetsry value can be measured with suificiellt
reliability. The following 5pectfic Policies are applied to particu]ar categorie5 of tncome".
Donations and legacies are received through donations and gifts and are include& in ￿]1.
in the Sts*m¢nt of Financial Aciiyities, when receivable.
Donated services and fa¢ilities are in¢luded ill the SOFA when received at the value of th¢ gift to
th¢ charity provided the value of th¢ gift can be tneastsred reliably. Donated services and facili(ies
tbat are consumed immedialely are rewgnised income with an equIV￿ent amount recogrti5¢d as
an expense under the appropriale heading in the SOFA.
The value of services providd by volunteers h&% not been itE¢luded in these accounts.
Donated goods are measuttd at fair value (the amount for which the asset could be exchanged)
ullle55 impraciieal to do so.
Income from charitsble tr&aing activity is accounted for when eamed.
Gift Aid receivable is included in income when there i5 a valid declaration from th¢ donor. Any
Gift Aid amounr re¢overed on a donation is considercd io be part of that gift and is treated as an
addirion io the Same fitnd as the initial donation Unles5 the donor or the term5 of the appeal have
Sp￿￿rIed oth¢rwise.
18-

The Pets at Home Foundation
NOTES TO THE FINANCIAL STATEMENTS (contlnued)
52 week period ended 30 March 2023
Accounting Policies (continued)
Resources Expended
Expenditure is recognised where li is more 1￿ClY than not that there is a legal or cons￿¢tive obligation
commirting the charity lo pay out resources and the amouni of the obligation can be meosured with
reasonable cenainty.
Expendiiure on raising fijnds comprises costs incuned th gen¢rni¢ Yoluntsry income and c05t of
goods sold as part of fundraising traditig.
Expenditure ott clwitable activities comprises those costs incuThed by the Charity in the delivery
of its aciiyiiies and services io its beneficiaries. It includes both costs that ¢an be allocated directly
io such aciiviiies and those COSL8 of all indirea naDJre which are nec¢ssary to 5UPWrt them. It a150
includes governance costs which comprise audit fees. Gambling Com￿ls510n fees. bank charge5
and Tnjsiee expenses.
During the year the chariry reclassified some of its expendittwe betsv¢en expenditure on raising
fijnds and expelld1ft￿eS on cbarithble activities. Subsequenily has reststed its prior ye
cotllparatives.
Wbere the charity gives a grani with condili(K)s for its payment being a specific level of Service or
oucput to be provided sucb grants are only recognised in the SOFA onc¢ the re¢ipient ofthe grdnl
has provided the specified service or ouwi. Where there are no condiiions allaching to the granl
that enables the donor chariry EO realisiicalty avoid the conmitttnenL a liability f(Y the full funding
obligaiion musi be recognised.
Allocatlon ofsupport costs
Support costs are those fi￿CtIOnS that &S51St the work of the charity but do not directly undenake charitable
activities. Support cosis iucludc back office costs, fmance. staff ¢05ts and governance costs which support
the Charity's activilies. These costs have been allocated be￿¢t￿ cost of raising fiujds and expendiiure OD
charitable aciiviiies. Thc b￿$ on which supp(Kt Costs have allouted are Set out in note 7.
Casb Ht bank bsnd
Cash at bank and cash in hand includes cash and short tenn highly liquid investments with a short maturity
of three months or less from the date of acquisiiion or opening of the deposit or similar account.
Creditors aDd provislons
Creditors and provisions are recognised where the charity b&s a preseni obligalion r¢5uliing from a past
eveni that will probably result in the trdnsferof funds to a third party and th¢ amouni due to settle the
obligation can be mvdsured or esttm*ed reliably. Creditors and pmvisions ar¢ nornially recognised at their
settlement amount after allowing for any trade discounts due.
19-

The Pets at Home Foundation
NOTES TO THE FINANCIAL STATEMENTS fcontlnuedj
52 week period ended 30 March 2023
Accounting Policies (Continued)
Futtd AccountlDg
Unrestricted funds are available for use. at the discretion of the Trus(tts. in fi￿¢rance of the general
objectives of the Charity. DesIgn￿ed funds are unrestricted fijnds of the chartty which the mjsrees have
decided ai their diseretion lo set aside ￿ use for a specific purpose. Restri¢t¢d fvnd5 are donations which
the donor h&s specified are lo be solely used for particular areas of th¢ Charity's WOTk or for specific
projects being undertaken by the Charity.
Ta￿tion
A5 a Charity, The Pets ai Hotne Foundation (formally Support Adoption For Pets) is ¢xempt from t&x on
income and gain5 falling within Part I I CoTpoMion Aci 2010 or s256 of the T&xaiion of Chargeable
Gain5 Act 1992 to the extent th* these are applied io its clwiiable objects. No rax charges have arisen in
the Charity.
The Charity is registered for Valu¢ Added T&x (VAD. AS 8 result of thi& input thx b¢¢an]e recoverable on
iaxable purchase5 and output tsx becam¢ thargeable on sales of Wuble goods.
Critical &eeountlng judgements and key sources of estimation uneertalnty
In the application of the entity's accountirtg policie5 which are described on pages 18 10 20. the Trnstees are
required to make judgments. es1im*es and assumptions about the carrying value of assets and liabilitie5 that
are not readily appareni from other source5. The estimates and und¢rlying assumptions are b&8ed on
historical experieltce and other factors that ar¢ considered to be relevant. Actual results may ditT¢r from
these estimates.
The estimates attd uDderlying assumptiolls are reviewed on an on-going b￿15. Revisions io accounting
estimates are reco8ni5¢d in the period in which the estim￿C is revised if the revision affects only that period
or in the period of th¢ ￿vIsion and ￿tUre perrods if the revision affects th¢ curreni and fu(ure pericpjs.
In the view of th¢ Trustees, no assumplions concerning the fuiure or estitnalion uncenainty atTecting &55ets
and liabiliiies at th¢ balance sheei date are likely to re5ulI in a maierial adjustment 10 their carrying amounts
in the next fmancial year.
DoRatioDs and legaci¢s
Reslrleted
Funds
2023
UTrreslricted
Funds Total Funds
2L123
2023
Donation in Pets at Home Sto￿$. Support oftfice and
National Distribution Centres
VIP Lifeline income from Pets at Home
Siore space, pallets, f¢)od and beddtlls dollation5 for
adoption allitnals
Donated pallets of food
Online donations
Legacies
610.601
2,148.775
961.637
2,759,376
961,637
416,700
648.800
56.369
20,396
416,700
8,800
72,095
20.396
15.726
626.327
4,252,677
4,879,004
-20-

The Pets at Home Foundation
NOTES TO THE FINANCIAL STATEMENTS (contlnued)
52 week period ended 30 March 2023
Donations and legacies (continued)
RHtricted
Funds
2022
Unrt5tricted
Funds
2022
Total
Fund5
2022
Donation in Pets at HoEne store5, Support OffJ¢e and
Naiional Distribution Centres
VIP Lifeline income from Pets at Home
Store space, food and bedding donations for adoption
antmals
Online donations
2.975,057
722,799
2,975,057
722,799
375.527
109.151
375,527
200,015
90.864
90,864
4.182.534
4,273,398
Other trading aetivitits
Restricted
Funds
2023
Uttrestrleted
Funds
2023
Total Funds
2023
Contribution sales of merchandis¢ in P¢ts ai
Home store$
Lottery incom¢
33.855
183,592
182.235
217,447
182,235
33.855
365,827
399,682
R¢stri¢ied
Funds
2022
UnTfS¢Ti¢ted
Funds
2022
Total Funds
2022
Contribution from 5ale5 of merchandi5¢ in Pets at
Home store5
Lottery income
24.555
375,061
206.452
399.616
206,452
24.555
581,513
606,068
Income from Ch4ritabl¢ Artiviti
2023
2022
Donation5 r¢¢¢iv¢d for adoplion ynimals
Gift aid on donations
867.335
798,704
6.601
867,335
805,304
The income is all uttrestrirted
21

The Pets at Home Fondation
NOTES TO THE FINANCIAL STATEMENTS (contlnued)
52 week period ended 30 March 2023
Expenditure on raislttg funds
Restrieted
Funds
2023
Unre5tricied
Fund5
2023
Totsl Unreslricled
F￿lldS
Funds
2023
2022
Lottery prizes
Lottery costs
Cosi of good5 501d
Marketing and promotion costs
Other fi￿draising costs
Fundraising governance COSLS
73.101
11,919
3(M)
73.101
11.919
300
195,747
3.798
2,017
84,374
12,230
183,405
140.249
10.462
2,298
73.Of2
122,665
3,798
2.017
73.082
213.801
286.882
433,018
Analysis Expenditure ou Charitable *ctivltles
NDt¢ Grnnt giviDg
activities and
donatlons
Adoption
¢eMtre costs
2023
Grants and fmancial 5UPPOrt
N¢ui¢ring vouchers
Cost of upkeep of Adoption animals
Vel bills for Adoption animals
Li¢encing costs
Support Costs
Governance costs
4.862,801
4,862,801
175,593
392,700
148,001
4,932
571,204
30,422
175,593
392.700
148.001
4.932
190,401
30,422
380,803
5243,604
942,049
6,185.653
Grdnls and donations in the year in¢ludes £682.101 restrtcied (2022.. £36.416) and £4,180.700 was
W￿¢strIcted (2092: £2.941.371).
Grant giving
activities
Adoption
centre costs
2022
Grants (see note 8)
Neutering vouchers
C05t of upkeep of Adopiiott animals
Li¢encing costs
Vet bi115 for Adoption animals
Support costs (see n￿e 7)
Governance costs (stt note 7)
2.977,787
2,977.787
71,701
375.527
134,612
2,350
854.485
14,882
71,701
375,527
134,612
2,350
284.828
4.961
569,657
9,921
3,557,365
873.979
4,431,344
-22-

The Pets at Home Foundation
NOTES TO THE FINANCIAL STATEMENTS (contlnuedj
52 week period ended 30 March 2023
Analysis of governanee and 511PPOrt Costs
General Goverttante
Support Costs
2023
Wages and expeThses
Markeiin8 and promotion costs
Website maintenance and development
Accountancy
General expenses
Reslru¢turing costs
Audit fees
Bank fees
427,628
61.388
51.007
22.034
9.146
427,628
61.388
51.007
22,034
9,146
15,415
12,900
2,106
15.415
12.900
2,106
571,203
30.421
601,624
Support Costs and governance cosi are allocai¢d io charirable expenditure b85ed on colleague time.
This ha5 be¢D estiMa￿d as two thirts on grani project and one third on adoption centre5
General Governance
support eosts
2022
Wage5 and expet
Mark¢tÈng and promotion costs
Website mainienance and development
Accountancy
Generdl expenses
Legal fees
Audit fees
326,611
55,812
70.013
21.258
4,827
375,964
326,611
55.812
70,013
21,258
4,827
375,964
11,321
3,561
11.321
3.561
Bank fees
854.485
14.882
869,367
-23-

The Pets at Home Foundation
NOTES TO THE FINANCIAL STATEMENTS (contlnued)
52 week period ended 30 March 2023
ADalysi5 of Graots #nd FiTraDcial Support
2023
2022
Grdnr Programme .Pets
Grant Pro8fdmme-People
Community parn]ers
Summer fi￿draI￿r (Restri¢ted)
W¢¢k¢nd events (Restrtctcd)
Ukrdine appeal (Restrict¢d)
Donated pallets of food and bedding
,468.396
1.271.074
792.429
571.318
9.292
101,492
648.800
1.124,134
537,057
1.280.180
36.416
4,862,801
2.977.787
An8lysig ofGrnDts and Finattei81 Support over £10O1)O {uurestrAeted unle55 speclfled)
Grants and Fln8ncial
Support to illstitutions
2023
2022
Hearing dogs (Restricied)
Blue Cross (of which £101,492 is restri¢¢ed)
RSPCA (of which £1.582 (2022.. £2,071) is r¢strided)
Cardiff Dogs Home (The Rescue Hotel)
Cats Protection (of which £7.710 (2022: £33.915) is restricted)
National Animal Welfare T1￿$t
Rain Rescue
Dogs Trusl
tyogs For G￿d
World Horse Welfare
Mare and Foal Sancwary
The Cats Whiskers
Highland Group Riding for th¢ Disabled Association (RDA)
Pets as Therapy Litnited
Hull AuiEnal Welfare
Dog5 On The Strccts (DOTS)
Freshfi¢ld5 Animal Res¢ue
Young Glouce5ter5hire
The Mayhew
Dogs For Autism
Medical Detection Dogs
TheHorseCour5¢
People and Animals UK CIC
Portsmouth Greyhound Trust
German Shepherd Rescue Elite
Bright Eyes Animal Sattciuary
Three Counties Dog Rescue
Hounds For Heroes
A]most Home Do Rescue
571.318
422,117
182,671
180.000
151,203
132,310
110,000
l(KJ,000
98,168
90,0¢
90.0(M)
80,500
80.000
71.852
64,01
62,000
49,740
46.200
45,418
41.600
38,700
34.390
30.013
30,000
30,000
29,900
29.500
28.51
26,850
193.077
96.471
10,537
99,296
41,600
-24-

The Pets at Home Foundation
NOTES TO THE FINANCIAL STATEMENTS (contlnued)
52 week period ended 30 March 2023
9 An4ly5is of Grallts and Financial Support over £lll,IKIO (unrestrleted uDle5s specilled)
(continued)
GrAnts and Financial
Support to Lnstitulions
2023
2022
Circle5 Network
Paws for Kid4Endeavour Project
Brit15h Hell Welfare T￿￿t
Refittp¢4P¢ls
Street Paws
THE CAT WELFARE GROUP LiiD
Greyhournd Gap
Saye Our Strdys
Yorkshire Cat Rescue
Strength and Learning Through HO￿¢5
Cavalier Centre
Crdmar Cai Rescue and SaD¢tuary
Cheltenham Animal Shelrer
Greatwood Charity
Little Paws Ferret Rescue
Cats in Distress
Baltos Dog Rescue
Cavaliets in Need
The Red Foundaiion
Greyhound Re5¢ue Wales
Our Special Friert(ts
Hectols Gr¢yhound Rescue
Stable Lives
Birn]ingham Dogs Home
Borders Pei Rescue
Canine Par¢ners
Bleakholi Animal Sanctuary
Support t)ogs
New Start Cat Rescue
Hor5¢World Tnjsi
Assisi Animal Sanctuary
Woodlands Animal Sancthary
Dog Assistan¢e In Disability (Dog AID)
Give a Dog a Bone
Appledown Rescue alld Rehoming Kennels
Maxi's Males
Cai Concern
Huddersfield Fernl and Strays
Cat Waich Rescue Shelter
Bristol DA WG
Raystede Centre for Antmal Welfare
Leicester Animal Aid
Linbee Dog Rehoming
Animals in Ne¢d
25,000
24,737
22.000
22,000
20,246
20.000
20,000
19.000
16,480
15.600
14.976
13.235
12,910
11.7(X)
10.270
10.212
10,148
10,Ot
10.000
10,000
10.0
10,000
10.(KJo
25,250
24,737
15,500
20,540
15,600
10,000
242,679
97.604
55,708
54.622
51.944
41,828
37,167
35,616
30.750
30,0(N)
30,000
27,278
27.000
26,944
26,204
26,000
23,336
23.310
22,819
22.381
21.837
-25-

The Pets at Home Foundation
NOTES TO THE FINANCIAL STATEMENTS feontinued)
52 week period ended 30 March 2023
9 AnHly$ls of Grants and FiDall¢ial Support over £IO,IKIO (unrestrieted ullle55 Specified)
(CODtlntsed)
Gr8nts and
Financial
Support to
ill51itutiODS
2023
2022
Seeing Dogs Alliance
Hors¢ Sense Wirral
Boxer Welfare Scotland Tntst
Oak Trees, Animal Charity
Bliss Cavalier Rescue
The Pellifor Trust
The Hugs Foundaiion
Teckels Anirnal Sancwary & Boarding
Bristol and Wales Cat Rescue
Crosskennan Lane Animal Sartctuary
Sconish SPCA (of which £430 (2021- £19J34) is restricied)
Cat Action Trust Lanark & Central
Fife Cat Shelt¢r
London Inner City Kitties
Grants and donatiorts < £lO.CI)O
20.000
16.914
16,258
16,075
16,000
16.000
15,837
15,250
15.0(MJ
13.413
12,161
11.219
10,OOD
1,264.915
1.567,337
4,862,801
2.977,787
10 Colleague Costs HDd Ernolutnents
The Charity is Managed by 9 tull time and I part titne collvagues (2022.. 6 full time and I part time) all of
whom are employees of Pets at Home and were seconded to the cbariry during the period. Salary ¢05ts for
these administrators. who work exclusively for the Charity, are paid by Pets at Home and recharged to the
Charity. Th¢ costs are disclosed in Note 7. Colleague costs tnclude colleague inceniive sch¢mes, and
managem¢nt and support service5 &5 disclosed iti not¢ 12. All other employee costs relating to other
volunie¢TS were incurred by Pets at Home.
11 Auditor's Remuneratlon
Amounts receivable by the company'5 audittt in re5p¢cI of the auditof these f￿anCIal stakments is £12.9(XJ
(2022.. £11,321)
12 Tru$tee ReThunerntioD #ttd Related PArty TrnDsa¢tiOUS
Trustees did not receive any expenses in the period (2022: £nil). No Trn4ees received any remuneration
during the period or previous period.
Income received from Pets at Home is disclosed in notes 2 alld 3. Amounts due from or to Pets at Home ¥r¢
disclosed in note 13. Five of the TNsiees of the Chariry were a150 employees of Pets at Home Group during
the period. Mrs L Stonier is the Chief People and CulDJre Otricer, Mr G Lingw(K)d is the Transformation
Director. Mr A Ba¢e5 is the Director of Supply and Merchattdisin& Mrs C Gavill is the Direcior of Private
Brdnds and Innoyaiion ond MT5 C Curtis is Head of Taleni for the Vet Group. All oth¢r Trustees are
independent Tn￿teeS on the Board.
-26-

The Pets at Home Foundation
NOTES TO THE FINANCIAL STATEMENTS (continued)
52 week period ended 30 March 2023
13
Debtors
2023
2022
Amounts due from Pe15 at Home
VAT
Prepayments and other Debiors
422.917
9,684
9.000
59.990
28,948
118.588
441.601
207,526
14
Creditors due withlTr one year
2023
21122
Trdde creditors
Credit card
Other credilor5
Accruals
3.661
70.135
14
58,260
626.843
24,900
63,959
688.795
159.008
15 Analys1$ of net assets betweeD funds
Restricted
FuDds
2023
Unrestricted
Fullds
2023
Total
Funds
2023
Current wets
Current liabilities
852
4,778,385
(688,795)
4.779,237
(688,795)
852
4,089,590
4.090.442
Restri¢t¢d
Fund5
2022
Unrestri¢ted
Funds
2022
Totsl
Funds
2022
CuTrent assets
Current liabilities
95,853
4,455,536
(159.008)
4.551,389
(159.008)
95.853
4,296.528
4,392.381
-27-

The Pets at Home Foundation
NOTES TO THE FINANCIAL STATEMENTS (continued)
52 week period ended 30 March 2023
16 AD8Iy$is of Charitable Futtd5
Fund
baiaryc¢ 2022
Intr)ttiÉDg
rewllrces
Outgolllg
Fund balance
2023
resources
Transfers
R￿trICted funds
Ukraine appeal
Third party merthandise
Surnmer Fulldrdi5¢r
90.8
4.989
10.628
4.616
644.938
(101,492)
(9.292)
(644.399)
313
539
Total restri¢ted fimds
95.853
660.182
(755.183)
852
UnrestTlCted fund
General reserves
Mulii-year pledges
3.57&290
720.238
5.510.414 (S,492,(￿l)
(225J51)
(747.478)
747,478
2,847,225
1.242,365
Toial Unrestricted fitnds
4.296.528
5,510.414 (5,717.352)
4.089,590
Total
4.392,381
6.170.596 (6,472.535)
4,090,442
llleoming
resource5
Olltgfrittg
resource5
Fund balADce
21)22
balanc¢ 2021
TrnD5fers
Restrfeted funds
Ukraine appeal
Charity weekend and
third party merchandise
90.864
90,864
16.850
24.555
(3A416)
4.989
Total reStr1¢t￿ funds
16,850
115.419
(36.416)
95.853
Unrestrlrted fund
General re5erv¢s
Large build fvnd
Mulii-year pledges
3,054.779
500,000
5.569.695 (4.827.946)
1220.238)
(500.000)
720.238
3.576.290
720,238
Tothl Unr¢5tricted funds
3.554,779
5,569,695 (4.827,946)
4.296,528
Totsl
3,571.629
5,685.114 (4.864,362)
4,392,381
-28-

The Pets at Home Foundation
NOTES TO THE FINANCIAL STATEMENTS (contlnuedj
52 week period ended 30 March 2023
16 Analysis of ChArltable Funds (eontlnued)
Restrict¢d funds
The Summer 2022 fundrdi5er was to raise money in conjun¢lion with Hearing Dogs for Deaf People
(charity number 293358) and as such the income and expetEditure of that campaign is considered restricted
fund5. Pets at Home Siore5 continue to st￿k Hearing Dogs for Deaf People mer¢handise and this income
a150 is passed on io Hearing Dogs for tkaf People as a donalion
The restricted funds relate to the Ukraine Appeal and Third pwty Merchase which 15 branded merchandise
sold on behalfofthes¢ charities. The expenditure is the subsequent donation toth¢5¢ chariiies. During March
2022 the Charity launched an appeal to rnise money to support pets affected by the war in Ukrdine. This
money was then donated to chariiies working with animal welfare and ￿sc￿e5 working ill UkTaine and
neighbouring countries.
nated unrestrici
funds
In April 2021 the n¢w grdnt progrdmm¢ was launched. This opened up Brdllt programme io people Charities
as well as pei rescue charities. In some cases the grants were for projects ovcr 2-3 years. The future fi￿ding
is noi a legal commitment and th¢refore has not been provided for in the wcounts. However the monies
have been put aside in the multi-year pledge5 fill￿.
In the past the trlLSt¢es allocated part of the unrestrtcred r¢s¢rves lo f¢mditiB a large-scale build projwt grant
for a rescue celltre. Following the launch of the new grdnt programme which allowed multi-year funding
th¢ trusiee decided that they no longer need this fund snd it ha5 been releLsed in 2022.
17 Commitments
Th¢ Charity does noi haveany materialcommilments which are not accrued within the stsiement of fjnancial
P05ition at the pertod end Ilate.
-29-