VSPCA-UK Annual Report 2024
8 June 2025
Summary of the activities in the past year
This report covers the time period of our latest fiscal year from 1 January 2024 to 31 December 2024.
Activities in the past fiscal year
Just like in 2023 the charity was dormant in 2024 with no activities conducted throughout the year. No efforts have been made to solicit donations except for regular donations by benefactors. Yet, thanks to our generous benefactors, total donations still amounted to £19.942.35 after fees, some £4,500.00 more than in the previous year.
In terms of activities, the charity donated a total of £21,750 throughout the year, about £2,000.00 less than in 2023. As tourism recovers in St. Vincent and the Grenadines, more activities could be done locally and donations were received from local tourists, reducing the need for donations and support from the UK. Nevertheless, the local charities in St. Vincent remain chronically short of funds, and we are grateful to the benefactors in the UK that donate through the VSPCA-UK.
Changes in board composition
There were no changes in the composition of our board of trustees.
Outlook 2025
We have decided to leave the charity dormant for the time being but not close it altogether, since local UK benefactors still rely on our services for their periodic donations. We also hope to revitalise the charity at a future date with new trustees. Until then, we will not actively solicit any donations.
Financial Statements
The following statements cover the reporting period of the VSPCA-UK for fiscal year 2024.
Income Statement:
| Income Statement: | |
|---|---|
| Position |
£ |
| Donations received | 20,261.07 |
| Gift Aid support | 0.00 |
| Total income | 20,261.07 |
| Donations made | 21,750.00 |
| Bank fees | 185.00 |
| Paypal fees | 133.72 |
| Admin fees | 0.00 |
| Total expenses | 22,068.72 |
| Net income | -1,807.65 |
Compared to 2023, the fundraising success was £4,535.33 higher with a total of £20,261.07 in donations received. This is despite a complete absence of fundraising activities due to a lack of volunteers and time. Yet, the traditional benefactors of our organisation have once
again come forward with enormous generosity. To support the ongoing medical care for dogs and cats in the Caribbean, the VSPCA-UK donated a total of £21,750 to run spay and neuter clinics in St Vincent & the Grenadines and buy medication for animals as well as food for sheltered dogs.
Overall, the board of the VSPCA-UK is satisfied with the reporting of the use of funds by the VSPCA in St. Vincent and the Grenadines and confirms that all funds were used in accordance with the charter of the VSPCA-UK throughout 2024.
As per the end of 2024, total assets of the VSPCA-UK were £890.36, out of which £88.91 are held in our bank account with Metro Bank (and thus fully insured up to £85,000.00 by the UK’s Financial Services Compensation Scheme) and £801.45 is held in our PayPal account and uninsured in case of a default of PayPal.
The VSPCA-UK has no liabilities or debt and all services by the board members have been provided pro bono. The VSPCA-UK did not incur any costs except bank fees for the transfer of money to St Vincent and the Grenadines and Paypal administration fees.
Balance Sheet:
| Balance Sheet: | |||
|---|---|---|---|
| Active | **£ ** | Passive | £ |
| Liquid assets | 890.36 | Short-term liabilities | 0.00 |
| Long-term assets | 0.00 | Long-term liabilities | 0.00 |
| Other assets | 0.00 | Equity | 890.36 |
| Total assets | **890.36 ** | Total assets | 890.36 |