**ANIMAL PROTECTION CHARITY** **Charity Registration No. 1204987** ## **ANIMAL PROTECTION CHARITY** ## **REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR** **THE YEAR ENDED 31 OCTOBER 2025** **ANIMAL PROTECTION CHARITY LEGAL AND ADMINISTRATIVE INFORMATION** ## **Trustees** |**Trustees**||| |---|---|---| |**Name**|**Role**|**Date of appointment**| |**Katarina Sagath**|**Trustee**|**15 Jan 2026 (appointed post year**‑**end)**| |**Petra Chrenkova**|**Trustee**|**02 April 2025**| |**Maurizio Cavallo**|**Trustee**|**12 May 2023**| |**Registered address**||**4 PARKLEYS PARADE**| |||**UPPER HAM ROAD**| |||**RICHMOND**| |||**TW10 5LF**| |**Accountant**||**Unit 2 Beverley Court**| |||**26 Elmtree Road**| |||**Teddington**| |||**Middlesex**| |||**TW11 8ST**| **1** ## **ANIMAL PROTECTION CHARITY** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|3| |Independent examiner's report|4| |Statement of financial activities|5| |Balance sheet|6| |Notes to the financial statements|7 - 10| **2** **ANIMAL PROTECTION CHARITY** ## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 OCTOBER 2025** ## **Structure, Governance and Management** Animal Protection Charity is a Charitable Incorporated Organisation (CIO) governed by its Constitution. The trustees are responsible for the overall governance, strategic direction and financial management of the charity and ensure that its resources are used solely in furtherance of its charitable purposes. ## **Charitable Objects and Public Benefit** The charity's object is to relieve the suffering of animals and advance animal welfare through the award of grants to registered charities in England and Wales that further these charitable purposes. The trustees have had due regard to the Charity Commission's guidance on public benefit when planning and carrying out the charity's activities during the year. ## **Activities and Achievements** During the year, the charity continued to raise funds primarily through the operation of its charity shop and through donations from members of the public. Income generated enabled the charity to continue supporting registered animal welfare charities by awarding grants in accordance with its charitable objects. ## **Financial Review** The principal sources of income during the year were proceeds from the charity shop and voluntary donations. The trustees carefully monitored expenditure throughout the year. ## **Plans for Future Periods** The trustees intend to continue raising funds and providing grant support to registered animal welfare charities in accordance with the charity's charitable objects. ## **Trustees' Responsibilities** The trustees are responsible for preparing the Trustees' Annual Report and financial statements, maintaining proper accounting records, safeguarding the charity's assets and taking reasonable steps to prevent and detect fraud and other irregularities. Approved by the Board of Trustees and signed on its behalf Maurizio Cavallo Signature: Date: 29 July 2026 **3** **ANIMAL PROTECTION CHARITY** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF THE ANIMAL PROTECTION CHARITY** I report to the trustees on my examination of the financial statements of Animal Protection (the charity) for the year ended 31 October 2025. ## **Responsibilities and basis of report** As the trustees of the charity, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or - 2 The financial statements do not accord with those records; or - 3 The financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. 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 to enable a proper understanding of the financial statements to be reached. ## **Bradbury Stell Chartered Certified Accountants** Unit 2 Beverley Court 26 Elmtree Road Teddington Middlesex TW11 8ST Dated: 4 **ANIMAL PROTECTION CHARITY** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 1 October 2025**_ The statement of financial activities includes all the gains and losses recognised in the year. All income and expenditure derive from continuing activities. **5** ## **ANIMAL PROTECTION CHARITY** ## _**BALANCE SHEET**_ ## _**AS AT 31 OCTOBER 2025**_ The financial statements were approved by the Trustees on Maurizio Cavallo Signature: Date: 29 July 2026 **6** **ANIMAL PROTECTION CHARITY** ## _**AS AT 31 OCTOBER 2025**_ ## **Accounting policies** ## **Charity information** The Animal Protection Charity is an unincorporated charity established by a Deed of Trust made 29 September 2023. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's Deed of Trust, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. ## **1.4 Income** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. **7** **ANIMAL PROTECTION CHARITY** ## _**AS AT 31 OCTOBER 2025**_ ## **Accounting policies** ## **(Continued)** ## **1.5 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use. ## **1.6 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. ## **2 Critical accounting estimates and judgements** In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated 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 where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. **8** ANIMAL PROTECTION CHARITY ASA T31 OCTOBER 2025 Unrestricted fund8 X125 ilnrestricttd fund• 3024 Oonatb)ns and gift% kncDme from other trothg other ilCDff* 6.318 51.434 94.13 57.844 55.f69 135.36 55.80S 4.Ch•ril*ble Activrtie* 2025 3024 GrdnWd0na￿n Trovel ond Subsotenc* Vet Repar and rr•intanJnc* Suppbtrs and servtes Aco)untancy & I￿• R¢nt Stsff costs stor89e 3,945 2,821 1,744 203 9.211 5,171 1,572 15,544 33.750 5,025 59 6.R•l•lng Fund• Unr••lrKt•d nd• 2026 Unr••trKted fund• 2024 ertoiig 6.Support Co•t• lJnre•trictud lund• 2025 Unr••trlctod fund• 2024 C*anng Printm9 and 8￿t￿nery Leo81 and Profess￿￿•1 Phone Utilt Bank charges knsurance Subscript 736 787 1,242 1.281 550 400 1,059 1,518 1,040 673 2.102 73. **ANIMAL PROTECTION CHARITY** _**AS AT 31 OCTOBER 2025**_ **10**