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2023-03-31-accounts

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Charity no. 1181527
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StreetVet

Report and Unaudited Financial Statements

31 March 2023

StreetVet

Reference and administrative details

For the year ended 31 March 2023 For the year ended 31 March 2023
Charity number 1181527
Registered office and 4 Battersea Park Road
operational address London
SW8 4AA
Trustees The trustees who served during the year and up to the date of this report
were as follows:
Nicki Glen
Emma Harrison Appointed 7 February 2023
Sarah Jenner Appointed 7 February 2023
Sam Joseph
Chin Chooi Lim
Liam McKinnon Appointed 7 February 2023
Naomi Schweitzer Appointed 30 January 2023
Key management Zoe Abbotts Managing Director
personnel Jade Statt Clinical Director and Brand Ambassador
Bankers Barclays Bank Plc
Leicester
LE87 2BB
Independent examiners Godfrey Wilson Limited
Chartered accountants and statutory auditors
5th Floor Mariner House
62 Prince Street
Bristol
BS1 4QD

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StreetVet

Report of the trustees

For the year ended 31 March 2023

Our purpose

To protect the human-animal bond.

Our vision

To support the wellbeing of all pets and their owners experiencing homelessness.

Our mission

To provide free vet care for the pets of people experiencing homelessness. To protect the human-animal bond, keeping pets and their owners together wherever possible.

Our values

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StreetVet

Report of the trustees

For the year ended 31 March 2023

Welcome from our Chair

Welcome to StreetVet’s Annual Report.

This year has been ever more challenging as the cost-of-living crisis is ongoing and the demand for StreetVet services hits an all-time high. As a relatively small, fast growing charity of just 5 years, myself and the trustee board are proud of all the team and volunteers, especially how we’ve all managed the growth in infrastructure necessary to support the increased demands. The exceptional teamwork continues to make every person and their pet experiencing homelessness encounter of the StreetVet vet care and hostel scheme a positive and caring one.

I thank all those that have made this work possible through the innovative ideas and initiatives that generate funding for us.

Nicki Glen, Chair of trustees

Welcome from our Managing Director

StreetVet has experienced an unprecedented increase in demand across all our services nationwide over the past financial year and it shows no signs of abating. This increased need has once again put intense pressure on our small back office team and our financial resources. To respond, StreetVet explored funding opportunities that enabled investment in expanding its workforce, thus enabling the charity to become more resilient, more sustainable and to be able to provide much needed support to the people and pets who need it.

We had clear plans this year to make our StreetVet core infrastructure more robust. This has been achieved with the recruitment of specific roles e.g. clinical support, hostel support, fundraising and marketing. We couldn’t have achieved this goal without the support of a generous funder, to whom we are very grateful.

During the year, we welcomed 4 new trustees to our board, 5 new members of staff and over 100 new volunteers. This growth in resources, skills and experience has elevated StreetVet to the next stage of our journey, enabling us to support more hostels and reach more pets across the UK who need our support. We have registered 485 new patients this financial year and in total, supported over 1,500 patients across the UK.

It’s the people here at StreetVet who make everything possible, their commitment, motivation and loyalty is apparent every single day as they deliver the best service possible, whilst at the same time trying to keep costs down and maintain a healthy work/life balance. Our work can be really challenging both mentally and physically, and the risk of burnout is very real. We do all we can at StreetVet to nurture and protect our people providing resources, training and support.

StreetVet trustees, staff, volunteers, partners and supporters – we couldn’t do what we do without all your support. Thank you.

Zoe Abbotts, Managing Director

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StreetVet

Report of the trustees

For the year ended 31 March 2023

The trustees present their report and the financial statements for the year ended 31 March 2023.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the Constitution and the Statement of Recommended Practice - Accounting and Reporting by Charities (effective from January 2019).

Structure and governance

StreetVet (“The charity”) is a Charitable Incorporated Organisation, charity registration number 1181527 (England and Wales). The charity registered with the Charity Commission on 11 January 2019 and is governed by a constitution embodying its rules and principles.

Board of trustees

StreetVet has a board of 7 unpaid trustees, referred to as our Trustee Board. The Board meets a minimum of four times a year and acts as the Charity’s governing body with powers to delegate day to-day management to StreetVet Leadership Team, as defined below. The agreed quorum is a minimum of 3 trustees. All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in the accounts.

Trustee recruitment and appointment

Trustees are selected and appointed based on suitability, experience and commitment to the cause based on their skills and experience, both clinical and non-clinical, so that there is a good professional and cultural fit.

All new trustees are provided with an induction pack, which includes the charity's Memorandum of Association, a statement of trustee roles and responsibilities, conflict of interest policy and relevant guidance from the Charity Commission. The Chair meets with each new trustee individually and a programme of support and training is available for new trustees.

Leadership team

The leadership team, led by the Managing Director, is responsible for the day-to-day running of the charity under authority delegated by the Trustee Board to the Managing Director. The leadership team proposes to the Trustee Board where the charity should invest its time, money and expertise. It proposes an annual budget to the Trustee Board for approval and monitors financial performance accordingly.

Regular trustee meetings took place during this period to ensure clear understanding and oversight of the business for all. The trustees have assessed the risks to which the charity is exposed, those relating to the operations and finances of the charity and are satisfied that there are systems in place to mitigate exposure.

Related parties and relationships with other organisations

StreetVet operates as an independent UK charity.

Remuneration policy

StreetVet aims for a sustainable and consistent pay policy that meets the diverse requirements of the skills and experience needed and a pay practice that ensures that individual pay decisions are supported by a performance management process that applies to all employees in the organisation.

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StreetVet

Report of the trustees

For the year ended 31 March 2023

The objective of this policy is to ensure that StreetVet can attract and retain the right people with the right skills to deliver its work. The policy also ensures that the Managing Director, Leadership Team and employees are provided with appropriate remuneration to encourage optimum performance and are rewarded in a fair and reasonable manner for their individual contributions to the overall success of the charity.

Key principles applicable to all levels of pay at StreetVet:

To ensure StreetVet are paying market rates, the Charity completed a salary benchmarking exercise in March 2023 ahead of the annual appraisals to ensure that all staff were renumerated appropriately. 3 members of staff received an uplift to recognise sector benchmarks and to bring their salary up to the right scale. We benchmarked against the Harris Hill Survey 2022 and the Charity Jobs Salary Report 2023, plus Charity Jobs and other charity recruitment sites.

Objectives and activities

The charity's main activities are described below. All its charitable activities focus on animal welfare and are undertaken to further StreetVet’s charitable purposes for the public benefit.

StreetVet is a multi-award winning registered charity delivering free essential veterinary care and services to the pets of people experiencing homelessness in multiple locations around the UK.

The focus of the charity is to help provide veterinary services to those in need, primarily those who would struggle to access veterinary care through other providers due to lack of mobility, finances or trust. The charity does this via outreaches, the StreetVet accredited hostel scheme and out of area referrals.

For many owners, particularly the most vulnerable and socially isolated, companion animals give them a purpose, reason and routine in their lives. Pet ownership is particularly challenging for homeless individuals because of the exclusion from services, loss of mobility and financial cost implications. The causes of homelessness are complex and multifactorial, as are its consequences.

StreetVet support is accessible in three ways:

Our teams of 402 volunteer vets and registered veterinary nurses provide community vet care at regular scheduled stations on the streets and in hostels, often working alongside grass root organisations such as soup kitchens or Health For The Homeless. Regular stations are scheduled on evenings or weekends and generally last 1-2 hours. During these, we aim to provide any service which could normally be delivered in a veterinary consulting room, working in solidarity with owners who typically manage to provide for their pets admirably well despite their difficult circumstances. By gradually building rapport with vulnerable owners while their pets are healthy, we ensure they trust us with their pets’ care when they fall ill, or if they need to access addiction or other medical services.

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StreetVet

Report of the trustees

For the year ended 31 March 2023

We run outreaches in 17 locations: Aberdeen, Birmingham, Bournemouth, Brighton, Bristol, Cambridge, Cornwall (St Austell, Truro, Newquay, Redruth & Penzance), Glasgow, Gloucester, Lincoln, London (Shoreditch, Hackney & Camden), Norwich, Peterborough, Plymouth, Portsmouth, Reading and Swansea.

We also support pets referred to us outside these locations. These referrals come from members of the public, vet practices, social workers, hostel staff, police and the RSPCA to name a few. In cases such as these we support the owner and their pet by working with a local veterinary practice to provide the care they need, whilst covering the cost of the treatment. This significantly increases our outgoings as we do not have a team of volunteers on the ground to provide the preventative and reactive veterinary care, so most cases that are referred to us are costly emergency procedures.

The StreetVet Accredited Hostel Scheme is a 10 point scheme which offers support for hostels and temporary accommodation providers to adopt and implement positive pet policies. Benefits of the scheme include free accessible veterinary care to registered pets, staff training on how to work with animals, comprehensive temporary accommodation pet policy, telemedicine platform for virtual vet appointments, emergency boarding to allow those to attend medical appointments as needed, behavioural support, as well as a welcome pack, food, toys and treats for all registered pets. We have 16 hostels under the scheme at the end of this reporting period and have supported 89 pets and their owners.

Charity Governance Code

The StreetVet Trustee Board operates under the principles of the Charity Governance Code.

The trustees review the aims, objectives and activities of the charity each year. This report looks at achievements and outcomes during the reporting period. The trustees report on the success of each key activity, noting how StreetVet’s operations have benefitted local populations. The review helps trustees ensure the charity's aims and activities remained focused on its stated purposes.

The StreetVet Trustee Board will complete a review of the Charity Governance Code in the coming year to ensure that we maintain compliancy and to see what recommendations we should adopt within the code.

Public benefit

StreetVet exists to ensure that all pets belonging to people who are experiencing homelessness get the veterinary treatment and support they deserve and ultimately live happy, healthy lives, free from the threat of unnecessary pain and lack of veterinary care.

Pets can play a vital role in keeping humans physically and mentally happy and healthy. We at StreetVet work hard to help maintain the human-animal bond that is so important.

StreetVet charitable activities focus firmly on animal welfare, but we also believe our contributions towards public benefit (as defined by the Charity Commission) extend into the following areas:

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StreetVet

Report of the trustees

For the year ended 31 March 2023

Goals

StreetVet’s long term goal is to ensure that all pets belonging to people experiencing homelessness will have access to essential veterinary care. This includes:

In order to achieve these goals we worked on a number of short term objectives which are reviewed annually, these were all completed and include:

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StreetVet

Report of the trustees

For the year ended 31 March 2023

Achievements and performance

Financial year 2022/2023 saw a significant period of growth at StreetVet.

We welcomed 4 new trustees to the board. Naomi Schweitzer, Liam McKinnon, Sarah Jenner and Emma Harrison. These trustees were recruited to fulfil specific skills and experience, including governance, HR, volunteering, fundraising and marketing, which complement the existing trustee skill sets.

We also welcomed 5 new members of staff to the team. This brought the total number of staff from 7 to 12 by the end of financial year 2022/2023.

In May 2022 StreetVet launched ‘The Forum’, a collaborative safe space for charities who offer free veterinary services to pets belonging to those experiencing homelessness across the UK, to connect and meet quarterly to share experiences and best practice. At launch, 10 organisations were part of ‘The Forum’, this has now grown, with 16 organisations being involved. The key aims of ‘The Forum’ are:

StreetVet is an ambitious small charity and demand for our support has grown exponentially over each reporting period. We reached a point in April/May 2022 where we no longer had the resources or systems in place to continue working effectively and with best practice. In order for StreetVet to become sustainable and support more pets, we needed to build a strong infrastructure to manage our growth most effectively.

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StreetVet

Report of the trustees

For the year ended 31 March 2023

The table below shows the increase in requests for our service over the last two reporting periods:

We had reached a critical point with resources and it became clear that:

Prior to the creation of the Clinical Case Team, clinical cases were dealt with by the StreetVet Operations Team who had limited clinical experience. It was agreed to recruit experienced, qualified veterinary staff for the clinical roles, to reduce expenditure in the long-term through triaging over the phone to reduce veterinary visits and therefore costs.

StreetVet drafted and submitted a strong and informative grant application to Battersea Dogs and Cats Home requesting funding for five brand new staff: Head of Marketing, Head of Fundraising, Hostel Administrator, Clinical Case Coordinators x 2 and funding for our existing Hostel Coordinator. To our delight, funding was awarded in the Autumn of 2022 which lead to a period of intense recruitment.

In September 2022, registered veterinary nurse Rosalind Incledon-Webber was recruited to manage the Clinical Case Team and serve as a point of escalation and registered veterinary nurse Monique Fort was recruited to triage the daily case load.

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StreetVet

Report of the trustees

For the year ended 31 March 2023

Once the Clinical Case Team were in place it meant that the Operations Team could refocus on their job priorities, as managing clinical cases took up an enormous amount of their time.

Emily Harris was hired in November 2022 as a Hostel Administrator, supporting the Hostel Coordinator with the growing demand for the StreetVet Accredited Hostel Scheme.

During this time, StreetVet worked with fundraising consultant, Allan Freeman on a fundraising audit. Allan determined that the reactive work StreetVet was doing on fundraising is successful despite there being no focused or responsible member of staff, therefore by bringing at least one focused headcount we could potentially double our fundraising income in a couple of years. He recommended hiring a “Head of Fundraising” and letting them define and implement a robust fundraising strategy.

Charlotte Fionda was hired as Head of Fundraising in January 2023 with the main goal to draft a fundraising strategy ready for implementation in April 2023. The Head of Fundraising was tasked with defining and implementing short, medium and long term initiatives as part of the development of the fundraising strategy. Short term initiatives within the reporting period were critical as these were needed to support the increase in demand for StreetVet services.

Collette Sheaff was hired as Head of Marketing in January 2023 with the main goal to draft a marketing strategy ready for implementation in April 2023. The Head of Marketing role is a senior role within the management team, working closely with the Head of Fundraising. Initial tasks included defining and implementing short, medium and long term initiatives as part of the development of the marketing strategy. With the growth in demand for StreetVet services and the increasing need for fundraising, building brand awareness was a key priority. This was critically needed outside of the veterinary industry and has been a key focus for the Head of Marketing, along with building a robust multi-platform social media strategy during this reporting period.

During the financial year 2022/2023, StreetVet:

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StreetVet

Report of the trustees

For the year ended 31 March 2023

StreetVet conducted 1,470 consultations, which bring us to 8,935 total consults performed since inception and grows weekly. The consultation decrease was due to several outreach locations moving from a weekly to a fortnightly or monthly cadence due to volunteer availability.

117 out of area patients were looked after by local partner practices and the treatment funded by StreetVet.

At the end of this reporting period StreetVet has 2,253 active patients on our books.

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StreetVet

Report of the trustees

For the year ended 31 March 2023

The StreetVet Accredited Hostel (SVAH) Scheme is seeing incredible growth and has received a lot of interest from homeless service providers. The reason why we feel so strongly about the scheme is because we believe that a key barrier to homeless individuals with pets re-entering the housing system is the lack of hostels and temporary accommodation providers that accept animals. StreetVet wanted to reduce the incidence of people with pets becoming “voluntarily homeless”, because they have to either refuse a hostel room or refuse to relinquish their pet, and feel that by making more hostels around the country “StreetVet Accredited” we can support many more people and their pets.

The SVAH scheme went live with pilot hostel DENS – The Elms in Hemel Hempstead in November 2020 and offers free, accessible veterinary care for pets whose owners are experiencing homelessness, as well as education and support for hostel managers and staff to adopt and implement positive pet policies.

To make the scheme a success StreetVet engaged the support of several partners who generously offer pro bono or discounted services. Thanks goes to Webbox, Scrumbles, Ancol, Pet Remedy, Ceva, Blue Cross, PAWSQUAD, Earth Animal, Battersea Dogs and Cats Home, Eurekos, Ali Norden, The Print Agency, A-LAW, The Big Dog Bed Company, Animals at Home, Vets Digital and HELP FILM for enabling the dream to become a reality.

Our Hostel Team, Laura Sayer and Emily Harris have worked tirelessly to make our dream a reality. Connecting with housing providers and organisations supporting homelessness all over the UK. The team have reaccredited 6 hostels and accredited a further 10 around the United Kingdom. StreetVet have cared for 89 pets within these hostels and several pets and their owners have since moved on to their own independent living accommodation.

At the end of this reporting period, we have 25+ hostels going through the onboarding process, with an estimated 39 pets to support and we have a further 21 new housing providers interested in accrediting. We are also continuing to work with Homeless Link, a national membership charity for organisations working directly with people who become homeless in England, to publish blogs and data about the StreetVet Accredited Hostel Scheme to their members.

We were delighted to welcome Dr Sabrina Cohen-Hatton as our newest Ambassador in July 2022, for StreetVet it was a really significant appointment as Sabrina is an 'Expert by Experience'. Sabrina left home at the age of 15 and school at 16 and experienced times of extreme personal adversity including a period of homelessness with her beloved dog Menace before embarking on a career as a firefighter. Dr Sabrina now holds the highest rank in the UK for a firefighter - Chief Fire Officer. Sabrina has been a key voice and advocate for StreetVet since accepting her role with StreetVet.

Impacts to StreetVet this year:

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StreetVet

Report of the trustees

For the year ended 31 March 2023

To realise our strategic ambitions, we must continue to support and develop our staff and volunteers to be the best they can be. At the start of the reporting period we planned a series of supportive CPD opportunities that our staff and volunteers could utilise. These included: monthly reflective webinars (CPD), a monthly Pay-it-Forward 'Thank You' recognising volunteers, a StreetVet wellbeing app (in conjunction with Kite) and our annual StreetVet Conference in October 2022, which welcomed over 110 virtual and in-person StreetVet volunteers, partners and supporters on two days of interactive workshops, inspirational talks and clinical lectures.

The annual StreetVet Conference is a CPD event open for all StreetVet volunteers to attend and is our way of being able to say ‘Thank You’ to our volunteers for their time, commitment and dedication to StreetVet. The 2022 conference ended with StreetVet Ambassador Sue Perkins announcing the winners of our annual Volunteer of the Year Awards. The Clinical Volunteer of the Year Award winner was Maria Banica, a vet volunteer in our London team who has been a critical link between StreetVet and the BlueCross. The Support Volunteer of the Year Award winner was Tammie O’Leary, who has worked tirelessly behind the scenes to secure critical grant funding for StreetVet.

To close, we were heartbroken in March 2023 to lose our wonderful Ambassador Paul O’Grady. Paul had a heart of gold, championing the human-animal bond and the work that we do as a charity. We have been truly lucky as an organisation to have been able to spend time in his wonderful and amusing company and miss him terribly. We all remember him for the amazing work he did in raising awareness for StreetVet and for championing the human-animal bond, a key part of our StreetVet mission.

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StreetVet

Report of the trustees

For the year ended 31 March 2023

Financial review

Income has significantly grown 43% due to the generosity of a large grant foundation supporting StreetVet’s infrastructure growth to £998,256 in 2022/2023 (2021/2022: £698,130).

We are thankful to our loyal donors, who have continued to support the charity during this challenging year, giving a total of £636,035 in 2022/2023 (2021/2022: £586,980), despite the hardships felt by many.

It wouldn’t be possible to carry out the work we do without the generosity of our supporters – over 7,000 people donated to StreetVet in 2022/2023 (2021/2022: 5,500) – and our amazing volunteers who help in the delivery of our work.

Expenditure has increased 43% overall, from £668,925 to £954,644 in line with the 43% income growth. The increase is due to the 5 additional members of staff recruited during this period and because of the huge increase in demand for our services seen during this period.

Our veterinary care costs have increased by 45% to £433,196 in 2022/2023 (2021/2022: £298,338).

The priority for this reporting period was to implement a robust infrastructure and establish a compliant structure including tools, processes and defined job roles for staff and volunteers to work within. Plus, recruiting much needed staff resources to ensure we could manage the unprecedented high service demands whilst maintaining the exceptional high service level we deliver and avoiding staff burnout.

The Charity has been awarded a number of successful grant applications throughout this reporting period.

Battersea Dogs and Cat Home Funds (£262,371) were provided to help StreetVet scale and implement a robust infrastructure as the Charity has reached a critical point with resources. It had become clear that in order to meet demand and to become more financially sustainable we needed 100% focus in fundraising and marketing. In order for us to maintain and prepare for growth in our service delivery we need to recruit a second hostel coordinator to support the existing member of staff and also two clinical case coordinators to help manage the growing requests for our service.

Battersea Dogs and Cats Home (£5,800) for the final instalment of the Hostel Coordinator funding. The Jean Sainsbury Trust (£10,000) for veterinary costs.

The Frances-Hayhurst Foundation (£5,000) for veterinary costs for pets in hostels. The Stanley Grundy Foundation (£5,000) for volunteer leadership training. The Pets at Home Foundation (£8,250) for self-serve volunteer safeguarding training. The Robert Clutterbuck Charitable Trust (£2,000) for veterinary costs in Hertfordshire. David & Ruth Lewis Family Charitable Trust (DRLFCT) (£20,000) for veterinary costs. Animal Friends (£5,000) for veterinary costs. The Fairness Foundation (£5,000) for veterinary costs.

Sussex Community Foundation (£1,000) for volunteer leadership training expenses (Sussex area).

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StreetVet

Report of the trustees

For the year ended 31 March 2023

Restricted funding awarded by PetPlan Charitable Trust, Battersea Dogs & Cats Home, Earth Animal and The Steel Charitable Trust in the previous financial period was also still being spent.

Battersea Dogs and Cats Home continues to provide StreetVet with operational support as well as funding. The core team at StreetVet has worked together with several different departments at Battersea including the Grants Team, Animal Partnerships Team and Clinical Team to support areas where StreetVet has needed help or to seek additional guidance or advice. The Battersea Academy which StreetVet has access to has also provided the team with valuable learning resources to help the continued professional development of staff members. Battersea has also continued to support StreetVet with kennelling and veterinary services over the course of this reporting period as well as providing ongoing storage facilities and meeting space when needed.

StreetVet has also benefited from significant gifts in kind and pro bono work during the reporting period including, but not limited to, graphic design, PR, web design, social media marketing, legal advice, photography, videography, printing, uniforms, software platforms, recruitment, kennelling, veterinary medications, diagnostics, pet food, pet equipment and veterinary services. The estimated value of this totalled £260,875 during the financial year 2022/2023.

Risk management

The Trustee Board is responsible for ensuring there are appropriate risk management and internal control systems in place to manage the major risks to which the Charity is exposed. The organisation's risk register continues to be updated to ensure appropriate and active mitigations can be implemented. Key risks will be regularly reviewed and updated, including operational risks that could arise on outreaches and risks associated with financial controls.

Below are the principal risks for StreetVet as well as mitigating actions:

Investment policy

StreetVet do not have any investments.

Reserves policy

The aim of StreetVet’s reserves policy is to ensure that the charity’s ongoing activities are protected from unexpected fluctuations in its income and expenditure and ensure that the charity is not impacted by short-term financial shortfall. The charity is heavily reliant on voluntary donations to fund its charitable undertakings, which being uncertain sources of revenue may not always provide the necessary funds to cover essential costs.

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StreetVet

Report of the trustees

For the year ended 31 March 2023

The StreetVet Trustee Board policy is to maintain a level of free reserves of between 4-6 months of 2024 budgeted expenditures which equate to approximately £330,000 to £500,000. We recognise we are short of that target but due to restricted funds held to pay for staff salaries the need to meet that target for 2022/2023 is reduced and the associated risks mitigated.

The reserves held will enable the charity to meet its working capital requirements, protect the charity against income fluctuations, fund its strategic initiatives over the next year and protect the StreetVet operations against unplanned adverse events. This would allow for our activities to continue as normal during temporary falls in income and this level is deemed appropriate when considered alongside the major strategic and operational risks faced by the charity. As at 31 March 2023, the reserves stood at £128,085 which is comprised of its unrestricted net current assets. Including £200,806 of restricted funds received from Battersea Dogs and Cat Home for infrastructure growth support, the adjusted reserves level would stand at £328,891 which would be in line with our reserves policy. The Battersea Dogs and Cat Home infrastructure growth funds are to provide for the salaries of our Hostel Coordinator, Hostel Administrator, 2 x Clinical Case Coordinators, Head of Marketing and Head of Fundraising which we expect to be spent within the next financial year.

The trustees monitor the amount of cash and investments readily convertible to cash within 30 days, to ensure that sufficient cash is available to cover StreetVet’s normal operational cash outflows over this period. The reserves policy is reviewed by the trustees annually or as a change in financial situation requires.

Fundraising

As a charity that receives no government funding (with the unusual exception of The National Lottery coronavirus emergency government grant in 2020), we are reliant on outstanding generosity of the general public, our supporters and our partners.

StreetVet subscribes to the policies of the Fundraising Regulator, which oversees fundraising activity. The Fundraising Regulator investigates and, where necessary, takes appropriate action in cases of public concern.

Their advice helps us ensure our activity meets the expectations of our supporters and the wider public. Full details of the Fundraising Regulator and the codes of our fundraising practice can be found at www.fundraisingregulator.org.uk.

As StreetVet started 2022/2023 there was still no dedicated fundraising resource in place and we knew that this area needed focus in order to improve and take advantage of all revenue options open to the Charity.

Several of StreetVet’s goals for 2022/2023 were focused on revenue growth, financial sustainability and needed the implementation of a fundraising strategy to support these. To grow and move forward StreetVet needed a dedicated fundraising resource. The Charity did not have the funds to support this position, so applied for grant funding. We were awarded 12 months of funding to support a fundraising head in October 2022. The position of Head of Fundraising was filled in January 2023.

During the final quarter of 2022/2023 the new Head of Fundraising researched and drafted StreetVet’s first fundraising strategy ready to implement in 2023/2024. This was with a view to grow StreetVet’s sustainable revenue stream through existing and new fundraising channels. A positive for StreetVet is that to date many potential sources of income have not been fully maximised, which gives encouraging scope for additional revenues in 2023/2024 and beyond.

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StreetVet

Report of the trustees

For the year ended 31 March 2023

In the interim period, we have continued to raise vital funds by sharing our story through our social media channels, raising funds via charitable trusts/foundations, and cultivating existing corporate partner support.

StreetVet’s fundraising practices are open, honest, and respectful. We did not receive any complaints related to fundraising during this period.

We are really excited about 2023/2024 as we embark on a journey of fundraising growth.

Ways to support

It’s only through the generosity of our supporters that we are able to provide care to all the pets referred to us each year.

Donate You can make a one-off donation or set up a regular donation on our website at https://fundraising.streetvet.co.uk/donation/donate.

Fundraising From sporting events, sponsored dog walks, pet photo competitions to bingo evenings - we can support you in your fundraising journey. Get in touch at info@streetvet.org.uk.

Legacies and in memory If you’re considering leaving a donation in your Will or would like to raise money in memory of a pet or loved one, we can help. https://www.streetvet.co.uk/leaving-a-legacy/.

Partnerships Our work through partnerships with like-minded organisations makes a huge difference to StreetVet. Get in touch at info@streetvet.org.uk.

Volunteering Our dedicated vet, vet nurse and support volunteers make up the backbone of StreetVet. To find out more about our volunteering opportunities please visit https://www.streetvet.co.uk/volunteer/.

Plans for the future

In order to provide more services nationwide and support more pets belonging to people experiencing homelessness, StreetVet plan to continue building a resilient and robust internal infrastructure to ensure the charity can sustain future growth in line with the board-led strategic plan, monitored and implemented by the Managing Director:

Key areas of development are to build infrastructure to be able to maintain current standards with improved employee wellbeing, have the revenue income to become sustainable and have the capacity to grow and enhance the ability of the Charity to achieve its objectives.

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StreetVet

Report of the trustees

For the year ended 31 March 2023

Thank you

As a charity that receives no government funding we remain reliant on the outstanding generosity of the public, our partners and supporters to continue to fund our vital services. We value every single donation and are very grateful to all our donors, volunteers and corporate partners for their wonderful contributions throughout the year. You make everything possible, without you, we wouldn’t be here.

Specifically, we would like to thank Battersea Dogs & Cats Home, Blue Cross, Earth Animal, PDSA, Provet Cloud, A Brush with Love, Ali Nordon, Ancol Pet Products Limited, Andre Costapereira, Animals at Home, Animology, Big Dog Bed Company, Boehringer Ingelheim, Canine Arthritis Management, Cats Protection, CEVA Animal Health Ltd, CVS Group plc, Davies Vet Specialists, Dechra, DNA Vet Care, Dog Birthday Biscuits, Elanco, Elise Robertson, FirstVet, Focus on Media, Goddard Veterinary Group, Helen Rushton, Hercule Von Wolfwinkle, Identicare, Idexx Laboratories, Improve CPD, International Medical Supplies, IMV imaging, IVC Evidensia, K8 Portraits, Kite, Leucillin, Lilwabbit, Linnaeus, Lucy's Web Design, Macahl Animal Health, Many Pets, Mapac, Medivet, MSD Animal Health, N2-UK, Natures Menu, Noah, PAAW HOUSE, PawSquad, Pet Blood Bank, Pet Remedy, PetPlan, Pets as Therapy, Pets At Home, Protect My Pet, Protexin, Purina, Reward Gateway, RSPCA, Ruby Duke, Ruff & Tumble, Scrumbles, Salesforce (NPSP), Shook PR, Tails, The Meraki Initiative, The Print Agency, The Royal Foundation, TVM, The Veterinary Defence Society, Vet Partners, VetPlus, Vets Digital, Vets Now, Vets4Pets, Vetstoria, Vetted Recruitment, Virbac, Veterinary Poisons, Webbox and Woodley Equipment.

We would also like to recognise the generous support of charitable trusts and foundations who we have received funding from over the last year: Battersea Dogs & Cats Home, The Jean Sainsbury Trust, Frances-Hayhurst Foundation, Stanley Grundy Foundation (SGF), Pets at Home Foundation, Robert Clutterbuck Charitable Trust, David & Ruth Lewis Family Charitable Trust (DRLFCT), Animal Friends, The Fairness Foundation and the Sussex Community Foundation.

Special thanks also goes to the VIP Club members of Pets at Home and their Lifelines.

Thank you so much, from everyone at StreetVet. Your support is so appreciated.

Contacts

Website: streetvet.org.uk Email: info@streetvet.org.uk Instagram: @streetvetuk_ Facebook: facebook.com/streetvet

X: https://twitter.com/streetvetuk YouTube: https://www.youtube.com/@streetvet8187 LinkedIn: https://www.linkedin.com/company/streetvet

18

StreetVet

Report of the trustees

For the year ended 31 March 2023

Statement of responsibilities of the trustees

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity have no liability to contribute to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Independent examiners

Godfrey Wilson Limited were re-appointed as independent examiners to the charity during the year and have expressed their willingness to continue in that capacity.

Approved by the trustees on 22 January 2024 and signed on their behalf by

Nicki Glen

Nicki Glen Chair of Trustees

19

Independent examiner's report

To the trustees of

StreetVet

I report to the trustees on my examination of the accounts of StreetVet (the CIO) for the year ended 31 March 2023, which are set out on pages 21 to 35.

Responsibilities and basis of report

As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the CIO’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the CIO’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

Godfrey Wilson Limited also provides payroll services to the CIO. I confirm that as a member of the ICAEW I am subject to the FRC’s Revised Ethical Standard 2016, which I have applied with respect to this engagement.

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

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

Date: 22 January 2024 Rob Wilson FCA Member of the ICAEW For and on behalf of: Godfrey Wilson Limited Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD

20

StreetVet

Statement of financial activities

For the year ended 31 March 2023

Note
Income from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
6
Net income / (expenditure)
Transfers between funds
Net movement in funds
7
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Restricted Unrestricted
£
£
-
636,035
329,421
3,800
-
29,000
329,421
668,835
-
148,150
165,542
640,952
165,542
789,102
163,879
(120,267)
179
(179)
164,058
(120,446)
80,423
260,758
244,481
140,312		 2023
2022
Total
Total
£
£
636,035
586,980
333,221
93,050
29,000
18,100
998,256
698,130
148,150
60,685
806,494
608,240
954,644
668,925
43,612
29,205
-
-
43,612
29,205
341,181
311,976
384,793
341,181

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in note 14 to the accounts.

21

StreetVet

Balance sheet

As at 31 March 2023

Note
Fixed assets
Tangible assets
10
Current assets
Debtors
11
Cash at bank and in hand
Liabilities
Creditors: amounts falling due within 1 year
12
Net current assets
Net assets
13
Funds
14
Restricted funds
Unrestricted funds
General funds
Total charity funds		 £
2,292
387,252
389,544
(16,978)		 2023
£
12,227
372,566
384,793
244,481
140,312
384,793		 2022
£
7,491
1,919
343,811
345,730
(12,040)
333,690
341,181
80,423
260,758
341,181

Approved by the trustees on 22 January 2024 and signed on their behalf by

Nicki Glen

Nicki Glen Chair of Trustees

22

StreetVet

Statement of cash flows

For the year ended 31 March 2023

Cash used in operating activities:
Net movement in funds
Adjustments for:
Depreciation charges
Decrease / (increase) in debtors
Increase in creditors
Net cash provided by operating activities
Cash flows from investing activities:
Purchase of tangible fixed assets
Net cash used in investing activities
Increase in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year		 2023
£
43,612
5,785
(373)
4,938
53,962
(10,521)
(10,521)
43,441
343,811
387,252		 2022
£
29,205
3,154
50,175
37
82,571
(7,513)
(7,513)
75,058
268,753
343,811

The charity has not provided an analysis of changes in net debt as it does not have any long term financing arrangements.

23

StreetVet

Notes to the financial statements

For the year ended 31 March 2023

1. Accounting policies

a) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

StreetVet 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 note.

b) Going concern basis of accounting

The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charity's ability to continue as a going concern.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from the government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.

d) Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item, is probable and the economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

24

StreetVet

Notes to the financial statements

For the year ended 31 March 2023

1. Accounting policies (continued)

e) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the bank.

f) Funds accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.

g) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

h) Allocation of support and governance costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity’s activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities on the following basis:

2023 2022
General fundraising 15.5% 9.1%
Charitable activities 84.5% 90.9%

i) Tangible fixed assets

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

Computer equipment 3 - 5 year straight line

Items of equipment are capitalised where the purchase price exceeds £1,000.

j) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

k) Cash at bank and in hand

Cash at bank and cash 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.

25

StreetVet

Notes to the financial statements

For the year ended 31 March 2023

1. Accounting policies (continued)

l) Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

m) Financial instruments

The trust 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 recognised at amortised cost using the effective interest method.

n) Pension costs

The charity operates a defined contribution pension scheme for its employees. There are no further liabilities other than that already recognised in the SOFA.

o) Accounting estimates and key judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are depreciation as described in note 1 (i).

26

StreetVet

Notes to the financial statements

For the year ended 31 March 2023

2. Prior period comparatives: statement of financial activities

Income from:
Donations
Charitable activities
Other trading activities
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net income/(expenditure)
Transfers between funds
Net movement in funds		 Restricted
£
£
-
586,980
88,550
4,500
-
18,100
88,550
609,580
-
60,685
55,325
552,915
55,325
613,600
33,225
(4,020)
5
(5)
33,230
(4,025)
Unrestricted		 Total
£
586,980
93,050
18,100
2022
698,130
60,685
608,240
668,925
29,205
-
29,205

3. Income from donations and legacies

Donations
Legacies
Vetsure rebates
Gift Aid
Gifts in kind
Total income from donations and legacies		 2023
£
291,538
32,737
31,573
19,312
260,875
636,035		 2022
£
319,296
-
3,572
17,146
246,966
586,980

Included within gifts in kind are goods and services which have been analysed to the following expenditure:

Animal care services
Vet equipment
Professional fees		 2023
2022
£
£
198,031
155,002
32,190
12,627
30,654
79,337
260,875
246,966

All income from donations and legacies in the current and prior period was unrestricted.

27

StreetVet

Notes to the financial statements

For the year ended 31 March 2023

4. Income from charitable activities

Battersea Foundation
Sussex Community Foundation
France-Hayhurst Foundation
Stanley Grundy Foundation
Robert Clutterbuck Charitable Trust
Battersea SVAH Coordinator
Animal Friends
Dave & Ruth Lewis Family Charitable Trust
Jean Sainsbury Animal Welfare Trust
Pets at Home Foundation
The Fairness Foundation
SVAH Renewal
Total income from charitable activities
Prior period comparative
Pet Plan Charitable Trust
Earth Animal Ventures UK
Battersea Dogs and Cats Home
The Steel Charitable Trust
Richer Sounds
The Michael and Shirley Hunt Charitable Trust
Education and Skills Funding Agency
Hostel Scheme Accreditation fees
Total income from charitable activities
5.
Income from other trading activities
Sponsorship Income		 Restricted
£
£
262,371
-
1,000
-
5,000
-
5,000
-
2,000
-
5,800
-
5,000
-
20,000
-
10,000
-
8,250
-
5,000
-
-
3,800
329,421
3,800
Restricted
£
£
24,750
-
22,000
-
21,800
-
15,000
-
5,000
-
-
2,000
-
1,500
-
1,000
88,550
4,500
2023
£
29,000
Unrestricted
Unrestricted		 2023
Total
£
262,371
1,000
5,000
5,000
2,000
5,800
5,000
20,000
10,000
8,250
5,000
3,800
333,221
2022
Total
£
24,750
22,000
21,800
15,000
5,000
2,000
1,500
1,000
93,050
2022
£
18,100

All income from other trading activities in the current and prior period was unrestricted.

28

StreetVet

Notes to the financial statements

For the year ended 31 March 2023

Total expenditure
Raising
funds
£
Staff costs (note 8)
105,559
Training
-
Travel, food and subsistence
-
Storage costs
-
Animal care services
-
Printing, postage and stationery
-
Marketing
3,655
Telecoms
-
Vet equipment
-
Insurance
-
Accountancy
-
Donation platform fees
7,851
Event costs
-
Professional fees
50
Activity related fees
-
Depreciation
-
Trustee expenses
-
Other
-
Sub-total
117,115
Allocation of support and governance cost
31,035
Total expenditure
148,150		 Charitable
activities
£
113,454
-
22,813
8,567
433,196
-
-
-
34,619
-
-
-
22,212
2,684
-
-
-
-
637,545
168,949
806,494		 Support and
governance
costs
£
116,730
15,154
-
-
-
5,353
-
13,302
-
2,971
4,145
-
-
36,440
-
5,785
60
44
199,984
(199,984)
-		 2023 Total
£
335,743
15,154
22,813
8,567
433,196
5,353
3,655
13,302
34,619
2,971
4,145
7,851
22,212
39,174
-
5,785
60
44
954,644
-
954,644		 Raising
funds
£
49,674
-
-
-
-
-
630
-
-
-
-
552
-
157
-
-
-
-
51,013
9,672
60,685		 Charitable
activities
£
84,482
-
2,953
9,602
298,338
-
-
-
18,014
-
-
-
9,825
88,036
48
-
-
-
511,298
96,942
608,240		 Support and
governance
costs
£
64,453
5,750
-
-
-
1,151
-
6,772
-
2,840
2,418
-
-
2,072
-
3,154
-
18,004
106,614
(106,614)
-		 2022 Total
£
198,609
5,750
2,953
9,602
298,338
1,151
630
6,772
18,014
2,840
2,418
552
9,825
90,265
48
3,154
-
18,004
668,925
-
668,925

6. Total expenditure

Total governance costs were £2,340 (2022: £2,338)

29

StreetVet

Notes to the financial statements

For the year ended 31 March 2023

7. Net movement in funds

This is stated after charging:

Depreciation
Operating lease payments
Trustees' remuneration
Trustees' reimbursed expenses
Independent examiner's remuneration (excluding VAT):
▪Independent examination
▪Other services		 2023
£
5,785
Nil
Nil
60
1,950
2,240		 2022
£
3,154
Nil
Nil
Nil
1,750
588

8. Staff costs and numbers

Staff costs were as follows:

Salaries and wages
Social security costs
Pension costs
Freelance staff		 2023
£
302,315
23,452
7,169
2,807
335,743		 2022
£
177,603
13,898
4,208
2,900
198,609

No employee earned more than £60,000 during the year.

The key management personnel of the charity comprise the Trustees, Managing Director, and Clinical Director and Brand Ambassador. The total employee benefits of the key management personnel were £117,683 (2022: £108,330).

Average head count 2023
No.
9		 2022
No.
5

9. Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

30

StreetVet

Notes to the financial statements

For the year ended 31 March 2023

10. Tangible fixed assets

Cost
At 1 April 2022
Additions in year
At 31 March 2023
Depreciation
At 1 April 2022
Charge for the year
At 31 March 2023
Net book value
At 31 March 2023
At 31 March 2022
11. Debtors
Prepayments
12. Creditors : amounts due within 1 year
Trade creditors
Accruals
Pension
Other taxation and social security		 2023
£
2,292
2023
£
12,730
2,340
1,908
-
16,978		 Total
£
11,696
10,521
22,217
4,205
5,785
9,990
12,227
7,491
2022
£
1,919
2022
£
8,887
2,100
1,024
29
12,040

31

StreetVet

Notes to the financial statements

For the year ended 31 March 2023

13. Analysis of net assets between funds

Analysis of net assets between funds
Tangible fixed assets
Current assets
Current liabilities
Net assets at 31 March 2023
Prior year comparative
Tangible fixed assets
Current assets
Current liabilities
Net assets at 31 March 2022		 £
-
244,481
-
244,481
£
-
80,423
-
80,423
Restricted
funds
Restricted
funds		 £
12,227
145,063
(16,978)
140,312
£
7,491
265,307
(12,040)
260,758
Unrestricted
funds
Unrestricted
funds		 Total
funds
£
12,227
389,544
(16,978)
384,793
Total
funds
£
7,491
345,730
(12,040)
341,181

32

StreetVet

Notes to the financial statements

For the year ended 31 March 2023

14. Movements in funds

Movements in funds
Restricted funds
Ivo Trust
Pet Plan Charitable Trust
Purina Better With Pets
The Steel Charitable Trust
Battersea Dogs and Cats Home
Earth Animal
Sussex Community Foundation
France-Hayhurst Foundation
Stanley Grundy Foundation
Robert Clutterbuck Charitable Trust
Battersea SVAH Coordinator
Animal Friends
Pets at Home Foundation
The Fairness Foundation
Total restricted funds
General funds
Total unrestricted funds
Total funds
Unrestricted funds
Dave & Ruth Lewis Family
Charitable Trust
Jean Sainsbury Animal Welfare
Trust		 At 1 April
2022
£
8,617
26,548
1,771
15,000
6,875
21,612
-
-
-
-
-
-
-
-
80,423
260,758
260,758
341,181
-
-		 Income
£
-
-
-
-
5,800
-
1,000
5,000
5,000
2,000
262,371
5,000
8,250
5,000
329,421
668,835
668,835
998,256
20,000
10,000		 £
(8)
(20,469)
(1,916)
(14,998)
(12,675)
(13,541)
-
-
-
(440)
(61,565)
(5,023)
-
(5,002)
(165,542)
(789,102)
(789,102)
(954,644)
Expenditure
(19,896)
(10,009)		 £
£
-
8,609
-
6,079
145
-
-
2
-
-
-
8,071
-
1,000
-
5,000
-
5,000
-
1,560
-
200,806
23
-
-
8,250
2
-
179
244,481
(179)
140,312
(179)
140,312
-
384,793
Transfers
between
funds
At 31
March 2023
9
-
-
104
244,481
140,312
140,312
384,793

Purposes of restricted funds Ivo Trust

To fund 35 medical backpacks, 1,000 dog tags and 35 tablets with sturdy cases.

PetPlan Charitable Trust

To fund StreetVet drug costs, uniforms and protective clothing.

Purina Better With Pets

To fund the development and implementation of the StreetVet Accredited Hostel Scheme.

The Grocers Charity

To fund veterinary costs.

33

StreetVet

Notes to the financial statements

For the year ended 31 March 2023

Richer Sounds

To fund veterinary costs.

The Steel Charitable Trust

To fund veterinary costs.

Battersea Dogs and Cats Home

To fund six members of staff salaries for one year.

Earth Animal

Funding veterinary treatment costs for animals covered by the StreetVet Accredited Hostel Scheme.

Sussex Community Foundation

Towards the Hotels/Travel/Costs associated with Sussex volunteers going to the Leadership training when it takes place Feb 2024.

France-Hayhurst Foundation

Nationwide veterinary costs.

Stanley Grundy Foundation

Volunteer leadership training booked for Feb 24.

Robert Clutterbuck Charitable Trust

Towards StreetVet’s work in Hertfordshire.

Battersea SVAH Coordinator

Funding the Hostel Coordinator role for 1 year fixed-term.

Animal Friends

To support the increase in demand for StreetVet’s services, supporting nationwide veterinary costs.

The David & Ruth Lewis Family Charitable Trust

Nationwide veterinary costs.

Jean Sainsbury Animal Welfare Trust

Nationwide veterinary costs.

Pets at Home Foundation

Remote on-demand bespoke safeguarding course centered around people experiencing homelessness for StreetVet Volunteers and Staff to equip them with the knowledge and skills to safely interact with our clients and give them the confidence to set the boundaries that they need.

The Fairness Foundation

Nationwide veterinary costs.

34

StreetVet

Notes to the financial statements

For the year ended 31 March 2023

14. Movements in funds (continued)

Prior year comparative
Restricted funds
Ivo Trust
Pet Plan Charitable Trust
Purina Better With Pets
The Grocers Charity
Richer Sounds
The Steel Charitable Trust
Battersea Dogs and Cats Home
Earth Animal
Total restricted funds
General funds
Total unrestricted funds
Total funds
Unrestricted funds		 At 1 April
2021
£
11,123
20,988
10,082
5,000
-
-
-
-
47,193
264,783
264,783
311,976		 Income
£
-
24,750
-
-
5,000
15,000
21,800
22,000
88,550
609,580		 £
(2,506)
(19,190)
(8,311)
(5,002)
(5,003)
-
(14,925)
(388)
(55,325)
(613,600)
(613,600)
(668,925)
Expenditure		 £
£
-
8,617
-
26,548
-
1,771
2
-
3
-
-
15,000
-
6,875
-
21,612
5
80,423
(5)
260,758
(5)
260,758
-
341,181
Transfers
between
funds
At 31
March 2022		 £
£
-
8,617
-
26,548
-
1,771
2
-
3
-
-
15,000
-
6,875
-
21,612
5
80,423
(5)
260,758
(5)
260,758
-
341,181
Transfers
between
funds
At 31
March 2022
80,423
260,758
609,580
698,130		 260,758
341,181

15. Related party transactions

There were no related party transactions in the year.

35