||||Page| |---|---|---|---| |Report ofthe Trustees|||1 to 7| |Report ofthe Independent
Auditors|||8 to 10| |Statement
of Financial|Activities||| |Balance Sheet|||12| |Cash Flow Statement|||13| |Notes to the Cash Flow Statement|||14| |Notes to the Financial|Statements||15to 23| |Detailed Statement
of|Financial|Activities|24 to 25| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2020|2019| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total funds|Total funds| ||||Notes|fund
f|funds
f||| |INCOME AND ENDOWMENTS
Donations
and legacies||FROM||668,208||668,208|391,627| |Charitable
activities
Animal welfare||||113,631||113,631|180,132| |Other trading
activities
Investment
income||||298,330
43,436|164,596|462,926
43,436|454,827
37,668| |Total||||1,123,605|164,596|1,288,201|1,064,254| |EXPENDITURE ON
Raising funds||||2,107||2,107|3,616| |Charitable
activities
Animal welfare||||903376|~22,6467|926,222|1019071,| |Total||||905,483|(22,846)|928,329|1,022,687| |NET INCOME/(EXPENDITURE)||||218,122|141,750|359,872|41,567| |RECONCILIATION
OF FUNDS|||||||| |Total funds brought|forward|||3,250,919|49,517|3,300,436|3,258,869| |TOTAL FUNDS CARRIED FORWARD||||3,469,041|191,267|3,660,308|3,300,436| ## |THE ROY|AL|SO|CIET|Y FOR THE|PREVENTION OF CRUELT|Y TO ANIMALS|SOLENT B|RANCH| |---|---|---|---|---|---|---|---|---| ||||||BALANCE SHEET|||| ||||||AT 31 DECEMBER 2020|||| ||||||||2020|2019| ||||||Notes|||F| |FIXEDASSETS||||||||| |Tangible assets|||||14|1,796,824||1,814,482| |Investments|||||15||5,412|30,567| |||||||1,802,236||1,845,049| |CURRENT ASSETS||||||||| |Stocks|||||16||11,159|11,403| |Debtors|||||17||418,306|528,596| |Cash at bank|and|in|hand|||1,475,769||969,928| |||||||1,905,234||1,509,927| |CREDITORS||||||||| |Amounts
falling due within||||one year|18||(47,162)|(54,540)| |NET CURRENT ASSETS||||||1 858,072||1 455 387| |TOTAL ASSETSLESSCURRENT||||||||| |LIABILITIES|||||||3,660,308|3,300,436| |NET ASSETS|||||||3,660,308|3,300,436| |FUNDS|||||21|||| |Unrestricted|funds:|||||||| |General
fund|||||||3,208,218|3,150,919| |Maintenance|fund||||||100,000|100,000| |Cattery
fund|||||||160,823|| |||||||3469 041||3250919| |Restricted funds:||||||||| |Accumulated|shelter||fund||||11,820|11,820| |Pond fund|||||||13,137|13,274| |Paws4Help||||||||10,651| |Case dog fund
Kennel Block Fund|||||||3,778
8,793|3,778
9,196| |Cattery
Fund|||||||153,739|798| ||||||||191,267|49,517| |TOTAL FUNDS|||||||3,660,308|3,300,436| |The fi
ncial
sig
d o
its|statements
be
by:|||were approv|by the Board ofTrustees|or~ ~
5r
on ...P.2...d.i(."..t...~(......... and were||| |D
ustee||||||||| ## |FOR THE YEAR|ENDED 31 DEC|EMBER 2020|| |---|---|---|---| ||Notes|2020
f|2019
F| |Cash flows from operating
activities:
Cash generated
from operations||459,356|541 992| |Net cash provided
by (used in) operating
activities||459,356|541,992| |Cash flows from investing
activities:
Purchase oftangible
fixed assets
Sale of investment
assets
Interest received
Dividends
received||(6,820)
61,576
396
2,467|(33,491)
500
225
2,811| |Net cash provided
by (used In) investing
activities||57,619|~29,955)| |Change
in cash and cash equivalents
in the
reporting
period||516,975|512,037| |Cash and cash equivalents
at the beginning
ofthe reporting
period|2|958,794|446,757| |Cash and cash equivalents
at the end ofthe
reporting
period||1 475,769|958,794| ## ## ## |RECONCILIATION
ACTIVITIES|O|F NET INCOME/(EXPE|NDI|TURE)
TO NET CAS|H FLOW FROM|OPERATING| |---|---|---|---|---|---|---| ||||||2020|2019| ||||||F|6| |Net income/(expenditure)
for the reporting|||period (as per the|||| |statement
offinancial||activities)|||359,872|41,567| |Adjustments
for:
Depreciation
charges
Profit on disposal
offixed assets|||||24,478
(36,421)|24,450
4,132| |Interest received|||||(396)|(225)| |Dividends
received|||||(2,467)|(2,811)| |Decrease
in stocks|||||244|2,868| |Increase
in debtors|||||(110,290)|483,394| |Increase
in creditors|||||3,756|~12,384)| |Net cash provided|by (used in) operating||activities||459,356|540,991| |ANALYSIS OF CASH||AND CASH EQUIVALENTS||||| ||||||2020|2019| ||||||f|E| |Cash
in hand|||||372|931| |Notice deposits (less than 3 months)|||||1,475,397|968,996| |Overdrafts
included|in|bank loans and overdrafts||falling due within||| |one year||||||~11,133)| |Total cash and cash equivalents|||||1,475,769|958 794| ## ## ## ## ## ## ## ## ## ## ## ## ||||||2020|2019| |---|---|---|---|---|---|---| ||||||E|F| |Other income|||||44,733|2,058| |Donations|and collections||(including|Gift Aid)|110,123|134,878| |Legacies|||||411,018|248,426| |Grants|||||102,334|6,265| ||||||668208|391,627| |Grants received,||included|in the above, are as follows:|||| ||||||2020|2019| ||||||F|| |Other grants|||||102,334|6,265| ## ## ## |OTHER TRADING ACTIVI|TIES||| |---|---|---|---| |||2020|2019| |||8|F| |Fundraising||262,514|83,255| |Animal centre shop sales
Charity shop sales||2,643
197769|5,480
366092| |||462,926|454,827| |INVESTMENT INCOME|||| |||2020
F|2019
f| |Rents received||40,574|34,632| |Dividends
on investments||2,466|2,811| |Deposit account interest||396|225| |||43,436|37668| |INCOME FROM CHARITABLE ACTIVITIES|||| ||Activity|2020|2019
f| |Animal
adoptions|Animal welfare|28,201|36,918| |Boarding fees and police
fees|Animal welfare|72,513|115,945| |Vets fees (neutering)|Animal welfare|12,917|27269| |||113,631|180 132| ## ## ## |6.|RAISING FUN|DS|DS||||||| |---|---|---|---|---|---|---|---|---|---| ||Other trading|activities|||||||| |||||||||2020|2019| |||||||||6|E| ||Purchases|||||||2,107|3616| |7.|CHARITABLE|ACTIVITIES||COSTS|||||| |||||||||Support|| ||||||||Direct costs|costs|Totals| ||||||||(See note 8)|(See note 9)|| |||||||||F|E| ||Animal welfare||||||888,148|38,074|926 222| |8.|DIRECT COSTS||OF CHARITABLE||ACTIVITIES||||| |||||||||2020|2019| ||||||||||F| ||Staff costs|||||||543,892|533,857| ||Veterinary fees|and drugs||||||118,066|134,816| ||Food|||||||6,202|9,463| ||Rent, rates, water and power|||||||129,304|147,124| ||Insurance|||||||4,162|2,812| ||Stationery,
postage and telephone|||||||8,645|8,061| ||Motor expenses|and travel||||||5,065|6,177| ||Maintenance
and||repairs|||||26,525|54,619| ||Refuse collection|||||||19,891|27,035| ||Cleaning|||||||8,267|8,776| ||Clothing|||||||621|357| ||Miscellaneous|||||||7,644|3,985| ||Partial exemption||adjustment|||||21,440|26,330| ||Staff fundraising|costs||||||367|1,535| ||Bad debts written||off||||||525| ||Depreciation
Profit on disposal||ofassets|||||24,478
~36,4217|24,450
4 132| |||||||||888 148|994 084| |9.|SUPPORT COSTS||||||||| |||||||||Governance|| ||||||Finance||Professional|costs|Totals| |||||||8|E|F|| ||Animal welfare|||||4,219|26,875|6,980|38074| |10.|AUDITORS' REMUNERATION||||||||| |||||||||2020|2019| ||||||||||F| ||Fees payable
to the charity's|||auditors|for the audit|ofthe|charity's||| ||financial
statements|||||||6,980|10,612| ## ## ## ## ## |There were no trustees'
expenses
paid for year ended 31 De
December 2019.|cember 2020 nor for the year ended 31| |---|---| |STAFF COSTS|| |Total Staff costs comprised:|| ||2020| ||6| |Wages and Salaries|508,191| |Social Security Costs|27,051| |Pension Costs|8650| ||543,892| ## |

Amount charged to the SOFA as an expense
in the year 68,650 (2019f8,|

Amount charged to the SOFA as an expense
in the year 68,650 (2019f8,|

Amount charged to the SOFA as an expense
in the year 68,650 (2019f8,|092).|| |---|---|---|---|---| |COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||| |||Unrestricted|Restricted|Total funds| |||fund|funds|| |||E|6|| |INCOME AND ENDOWMENTS|FROM|||| |Donations
and legacies||371,627|20,000|391,627| |Charitable
activities||||| |Animal
welfare||180,132||180,132| |Other trading
activities||454,029|798|454,827| |Investment
income||37,668||37,668| |Total||1,043,456|20,798|1,064,254| |EXPENDITURE ON||||| |Raising funds||3,616||3,616| |Charitable
activities||||| |Animal
welfare||994,754|24.317|1 019071| |Total||998,370|24,317|1,022,687| |NET INCOME/(EXPENDITURE)||45,086|(3,519)|41,567| |Transfer between
funds||||| |||45,086|(3,519)|41,567| |RECONCILIATION
OF FUNDS||||| |Total funds brought forward||3,205,833|53,036|3258,869| |TOTAL FUNDS CARRIED FORWARD||3,250,919|49,517|3,300,436| ## ## |FOR THE YE|AR ENDED 31 DEC|EMBER 2020|||| |---|---|---|---|---|---| |TANGIBLE FIXEDASSETS|||||| ||Freehold|Plant and|Motor||| ||property|machinery
F|vehicles
f||Totals
f| |COST|||||| |At 1 January 2020
Additions|1,748,050|367,035
6,820|14,060||2,129,145
6,820| |Disposals|||||| |At 31 December 2020|1,748,050|373855|14,060||2,135,965| |DEPRECIATION|||||| |At 1 January 2020
Charge for year|34,893
8,707|266,537
15,564|13,233
207||314,663
24,478| |Eliminated
on disposal|||||| |At 31 December 2020|43,600|282 101|13|440|339 141| |NET BOOK VALUE|||||| |At 31 December 2020|1,704450|91754||620|1796824| |At 31 December 2019|1,713157|1110,498||827|1,814,482| ## ## |FIXEDASS|ET INVE|STME|NTS||||| |---|---|---|---|---|---|---|---| ||||||||Unlisted| ||||||||investmentsf| |MARKET VALUE|||||||| |At 1 January
Disposals|2020||||||30,567
(25,155)| |At 31 December 2020|||||||5,412| |NET BOOK|VALUE||||||| |At 31 December 2020|||||||5,412| |At 31 December 2019|||||||30,567| |There were|no investment||assets outside the UK.||||| |Investments|(neither|listed|nor unlisted)|were as follows:||2020|2019| ||||||f||F| |Shares||||||5,412|30,567| |||||||5412|30,567| ## |16.|STOCKS||||| |---|---|---|---|---|---| |||||2020
6|2019
f| ||Finished goods|||11,159|11,403| |17.|DEBTORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|||| |||||2020|2019| |||||F|| ||Trade debtors|||5,407|6,667| ||Other debtors|||390,059|495,636| ||VAT|||5,803|7,539| ||Prepayments|||17,037|18754| |||||418306|528,596| ||There were no debtors|due after more than one year.|||| |18.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||| |||||2020|2019| ||||||F| ||Bank loans and overdrafts||(see note 19)||11,133| ||Trade creditors|||11,573|18,768| ||Social security and other taxes|||7,741|6,778| ||Accruals and deferred|income||27,848|17,861| |||||47 162|54,540| ||There were no creditors due after more than one year.||||| |19.|LOANS||||| ||An analysis ofthe maturity||of loans is given below:||| |||||2020
f|2019| ||Amounts
falling due within||one year on demand:||| ||Bank overdraft||||11,133| ## ## ## ## |ANALYSIS O|F|NET ASS|ETS B|ETWEEN FUNDS|||| |---|---|---|---|---|---|---|---| |||||||2020|2019| |||||Unrestricted|Restricted|Total funds|Total funds| |||||fund|funds||| |||||f|f||| |Fixed assets||||1,796,824||1,796,824|1,814,482| |Investments||||5,412||5,412|30,567| |Current assets
Current
liabilities||||1,713,967
~47,762)|191,267|1,905,234
~47,762)|1,509,927
~54,540)| |||||3469041|191,267|3660,308|3,300,436| |MOVEMENT|IN|FUNDS|||||| ||||||Net|Transfers|| ||||||movement
in|between|| |||||At 01.01.20
f|funds
f|funds
f|At 31.12.20| |Unrestricted|funds||||||| |General
fund||||3,150,919|157,299|(100,000)|3,208,218| |Maintenance|fund|||100,000|||100,000| |Cattery fund|||||60,823|100,000|160,823| |||||3,250,919|218,122||3469,041| |Restricted funds|||||||| |Accumulated|shelter fund|||11,820|||11,820| |Pond fund||||13,274|(137)||13,137| |Paws4Help
Case dog fund
F block fund||||10,651
3,778
9,196|(10,651)
(403)||3,778
8,793| |Cattery
fund||||798|152 941||153,739| |||||49,517|141,750||191,267| |TOTAL FUNDS||||3,300,436|359,872||3,660,308| |Net movement||in funds,|included|in the above are as follows:|||| ||||||Incoming|Resources|Movement
in| ||||||resources
f|expended
F|funds
f| |Unrestricted|funds||||||| |General
fund|||||1,123,605|(905,483)|218,122| |Restricted funds|||||||| |Pond fund||||||(137)|(137)| |Paws4Help||||||(10,651)|(10,651)| |Case dog fund
F block fund
Cattery
fund|||||164,596|(403)
~11.655)|(403)
152 941| |TOTAL FUNDS|||||1 408,509|~928 329)|359,872| ## ## ## ## ## ## ## ## ## |At 31|December 2020 the total ofth|e Charity's
future following|payments| |---|---|---|---| |||2020|2019| |Less|than one year|56,682|8,500| |One|to five years|185,417|156,250| |More|than five years|127,604|| |THE ROYAL SOCI|ETY FOR THE PREVENTION OF CRUELTY TO ANIMA|ETY FOR THE PREVENTION OF CRUELTY TO ANIMA|LS SOLENT|BRANCH| |---|---|---|---|---| ||DETAILED STATEIIENT OF FINANCIAL ACTIVITIES|||| ||FOR|THE YEAR ENDED 31 DECEMBER 2020||| ||||2020
F|2019
f| |INCOME AND ENDOWMENTS||||| |Donations
and legacies||||| |Other income|||44,733|2,058| |Donations
and collections|(including|Gift Aid)|110,123|134,878| |Legacies
Grants|||411,018
102,334|248,426
6265| ||||668,208|391,627| |Other trading
activities||||| |Fundraising|||262,514|83,255| |Animal centre shop sales
Charity shop sales|||2,643
197,769|5,480
366662| ||||462,926|454,827| |Investment
income||||| |Rents received|||40,573|34,632| |Dividends
on investments|||2,467|2,811| |Deposit account interest|||396|225| ||||43,436|37,668| |Charitable
activities||||| |Animal
adoptions|||28,201|36,918| |Boarding fees and police fees
Vets fees (neutering)|||72,513
12,917|115,945
27,269| ||||113,631|180,132| |Total incoming
resources|||1,288,201|1,064,254| |EXPENDITURE||||| |Other trading
activities
Animal centre goods for resale|||2,107|3,616| |Charitable
activities||||| |Wages
Social security|||508,191
27,051|504,782
20,983| |Pensions|||8,650|8,092| |Veterinary fees and drugs
Food|||118,066
6,202|134,816
9,463| |Rent, rates, water and power
Insurance|||129,304
4,162|147,124
2,812| |Stationery,
postage and telephone
Motor expenses
and travel
Maintenance
and repairs|||8,645
5,065
26,525|8,061
6,177
54,619| |Carried forward|||841,861|896,929| ## |FOR THE YEAR ENDE|D 31 DECEMBER 2020|| |---|---|---| ||2020|2019| ||f|F| |Charitable
activities||| |Brought forward
Refuse collection|841,861
19,891|896,929
27,035| |Cleaning
Clothing
Miscellaneous|8,267
621
7,644|8,776
357
3,985| |Partial exemption
adjustment
Staff fundraising
costs
Bad debts written
off|21,440
367|26,330
1,535
525| |Freehold
property
Plant and machinery
Motor vehicles
Profit on sale ofassets|8,706
15,565
207
~36,423)|8,706
15,468
276
4 132| ||888,148|994,054| |Supportcosts||| |Finance||| |Bank charges
Professional
fees|4,219
26,875|4,350
10,055| ||31,094|14,405| |Governance
costs||| |Auditors'
remuneration|6,980|10,612| |Total resources expended|928,329|1,022,687| |Ntexenditure|356.672|41.567|