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2024-12-31-accounts

Charity registration number 205096

THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

CONTENTS

Page
Trustees’ Report 1 – 7
Independent Auditor’s Report 8 - 12
Consolidated Statement of Financial Activities 13
Consolidated Balance Sheet 14
Charity Balance Sheet 15
Consolidated Cashflow Statement 16
Charity Cashflow Statement 17
Notes to the financial statements 18 - 30

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

TRUSTEES’ REPORT REFERENCE AND ADMINISTRATIVE DETAILS

Trustees Ms G Dorman
Ms B Davis
Ms S Collier
Ms C Pope
Ms J Russell
Mr C Lee
Charity number 205096
Principal address 174-176 Ranvilles Lane
Stubbington
Fareham
Hampshire
PO14 3EZ
Auditor James Todd & Co Limited
Statutory Auditor
Drayton House
Drayton Lane
Chichester
West Sussex
PO20 2EW
Bankers Lloyds Bank Plc
272 London Road
Waterlooville
Hampshire
PO7 7HN
Solicitors Womble Bond Dickinson (UK) LLP
4 More London Riverside
London
SE1 2AU

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

TRUSTEES’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) 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).

Legal constitution

The charity is a separate registered unincorporated charitable association but forming part of the RSPCA federated organisation. The charity is governed in accordance with the RSPCA Branch Rules of 2012, with any subsequent minor rule changes amended by the RSPCA National Society allowed for under the RSPCA Branch Rules 2012, subject to the changes being registered with the Charity Commission.

Objectives and activities

The RSPCA Solent Branch (the Branch) carries out its animal welfare work throughout 400 square miles of Hampshire. The objectives of the Branch are to promote the work and objects of the RSPCA with particular reference to the area of the Branch in accordance with the policies of the RSPCA.

The trustees have reviewed the outcomes and achievements of its activities and objectives for the year to ensure the charity remains focused on its charitable aims and to continues to deliver benefits to the public. The charity has complied with the duty under the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission.

Under the Charities Act 2011, the advancement of animal welfare is recognised as a distinct statutory charitable purpose. Legislation and the Animal Welfare Act indicate an acceptance by society that treating living creatures with compassion has a moral benefit for the public.

The Branch's animal welfare work, although local in nature, benefits the society at large and also aims to help people in need with the care of their animals. The next section of this report highlights the Branch's main activities and demonstrates the benefit provided to the public. All the Branch's charitable activities focus on promoting kindness and preventing or suppressing cruelty to animals and are undertaken to further these purposes for public benefit.

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

TRUSTEES’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

Public benefit

The Branch operates a 9-acre animal rescue centre which rescues hundreds of animals every year including domestic, stock and wildlife. The Branch supports RSPCA Inspectors and local authority dog wardens by taking in, free of charge, mistreated or abandoned dogs, other domestic and stock animals, including pets whose owners suffer with ill health, financial difficulties or pass away. The Branch also takes in and treats injured wildlife.

The RSPCA Inspectorate (as well as providing education, information and advice) rescues animals in distress and enforces legislation against the cruel mistreatment of animals in England and Wales by bringing prosecutions. The Branch assists by accommodating Inspectorate seized case animals pending prosecution. This work is key to the prevention or suppression of cruelty as part of the RSPCA's objectives which promotes humane sentiments towards animals and involves moral benefit to humankind.

Animals in Branch care receive, as appropriate, veterinary treatment, vaccination, neutering and micro-chipping by the Branch in-house veterinary team. Since Covid, many more dogs being rescued have behaviour issues which means they are in the animal centre for a longer period before being available for adoption. To provide the behaviour training prior to rehoming, the Branch employs two Animal Behaviourists and an Animal Trainer which give the animals a greater chance of finding their forever homes.

The Branch rehomes animals at low cost to people willing and able to have a companion animal. Whilst the trustees recognise companion animals provide measurable benefits to a person's physical and mental health, the trustees consider the provision of pets as subsidiary to the main charitable aim of the Branch which is to reduce animal suffering. The Branch charges a reasonable adoption fee for animals which aims to highlight the ongoing personal and financial commitment of pet ownership. It would not be in the best interests of the animals and would fall outside the charity's objects, to rehome to persons who could not afford to properly care for the animal.

The Branch takes in, free of charge, lost animals and attempts to reunite them with their owners. This work benefits the local community, including Local Authorities, by preventing animals straying and posing a risk. The Branch responds to enquiries, both direct and via the RSPCA call centre, from the public about animals locally. The public benefits from knowing the Branch can intervene to help animals in need.

The Branch provides a range of volunteering opportunities for those who wish to support the work of the Branch, including trusteeship, fostering animals, assisting in the cattery, kennels and working with other types of animals, dog walking, administration, gardening, fundraising and working in the Branch's charity shops. The Branch also works with companies to give their employees the opportunity to volunteer. This benefits local people and companies by providing the possibility of doing work which is compassionate and rewarding and giving something back to society.

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

TRUSTEES’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

Achievements and performance

The Branch opened a new, state-of-the-art cattery, to increase capacity for the intake of cats with advanced pens to deliver excellent care into the future.

The Branch opened one new charity shop in 2024, and the Area Shop Manager has made strong progress identifying potential new sites at the same time as ensuring the continued growth and success of current shops.

The Branch held two successful fairs and a gala dinner during 2024, raising much needed funds for the charity and increasing public awareness of its work.

The Branch purchased 3 renovated container units that has increased the structural quality of areas housing small animals, creatively solving an area of concern.

The Branch converted from an unincorporated charity to a Charity Incorporated Organisation on 01/01/2025, meaning significant effort and resource was placed into activities required for the conversion that will benefit the branch for many years ahead.

To raise additional funds for the charity, the Branch continued operating a successful commercial cat, dog and rabbit boarding operation and in 2024 opened a commercial off-lead dog walking area for the public that has been consistently fully booked.

During 2024 the Branch took in 656 animals comprising of dogs, cats, rabbits and miscellaneous animals including birds, goats, pigs, ferrets and other animals and wildlife. 307 animals were rehomed. The staff and volunteers work tirelessly to care for, treat and rehabilitate the animals with the aim to rehome domestic and stock animals and to release wild animals. This meant providing proper veterinary treatment and care to prepare them for rehoming or release and working to find suitable homes to meet the needs of the domestic animals.

Financial review

Principal funding resources

The charity receives no direct financial support from the RSPCA or general funding from other sources and is responsible for raising all the operating costs of its rescue centre.

Funding comes from public donations, of which gifts in wills are a very important element and make up more than 50% of total income. Other income comes from its charity shops, rental income, commercial boarding, fund raising activities and adoption fees.

The trustees continue to review the finances and services to ensure its sustainability for the future. The Branch operates five charity shops to generate much needed funds and aims to open at least one more shop in 2025.

Investment policy and objectives

The Branch will hold a range of investments with the objective of maximising the utilisation of funds. There is appetite for longer term investments if the financial position allows, but the current portfolio is based on short term, low risk investments. The Branch consults the portfolio director for advice whenever new decisions are made, and discusses with them strategies to ensure the objective of maximising fund utilisation is met.

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

TRUSTEES’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

Reserves policy

The charity has a reserves policy which is reviewed annually. The aim is to have unrestricted funds in reserve of at least 100% of annual costs to ensure there would be sufficient funds in hand to run the charity for a minimum of twelve months if insufficient income is forthcoming.

Expenditure is majorly focused on operational costs and on keeping the site in a safe condition. The expenditure is in line with the charity's key priorities in respect of the welfare of animals, including veterinary treatment, and ensuring there are sufficient funds to maintain a trained and motivated workforce.

Future plans

The Branch’s future plans include:

Structure, governance and management Governing document

The charity was constituted as an unincorporated association during 2024, but will operate as a Charity Incorporated Organisation from 01/01/2025. The charity operates as an independent charity but is a federated RSPCA branch and is subject to their rules for branches.

Working names

Within the wider community, the RSPCA Solent Branch is also known as The Stubbington Ark.

The trustees who served during the year and up to the date of signature of the financial statements were:-

Mr D Lott – resigned 23 August 2024 Ms S Collier Ms C Pope Ms G Dorman Ms B Davis Mr C Lee Ms B Harvey – resigned 18 June 2024 Ms J Russell

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

TRUSTEES’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

Recruitment and appointment of new trustees

A committee of trustees is elected annually at the Annual General Meeting. Trustees are recruited from existing members, supporters and via third party advertising.

Organisational structure

The trustees hold formal Trustee Board meetings every two months.

Day to day operation of the Branch is delegated to the Branch Manager who is assisted by the Animal Centre Manager, Finance Manager, Fundraising Manager and Area Shop Manager.

The Branch works with RSPCA staff in other RSPCA branches in its day-to-day work and also regularly liaises with other animal charities and Local Authorities.

Induction and training of new trustees

On becoming a trustee, the RSPCA provides an information pack and makes online training resources available.

Where appropriate, mentoring by an established trustee is used for inducting and training new trustees.

Risk management

Charity risk management review – December 2024

The trustees have assessed the major risks to which the charity is exposed, in particular those relating to the specific operational areas of the charity and its finances. The trustees believe that monitoring reserve levels, by ensuring that controls exist over key financial systems, and by examining the operational and business risks faced by the charity, the trustees have established effective systems to mitigate those risks. These systems include:

Risk Action
1) Financial fraud a) Annual independent accounts audit
b) Dual authorisation for online banking and two signatures required for
cheques
c) Monthly reviews of financial records
d) Financial authority document detailing levels of authority
2) Health and safety a) Documented policies
b) Annual insurance maintained
c) Effective maintenance of equipment
d) Monthly health and safety inspection at all sites
e) Health and safety a primary agenda item at all Trustee Board meetings
3) Loss of trustees a) Ongoing membership and volunteer programme
4) Loss of key members of staff a) Effective recruitment internal and external
b) Development and training of existing staff
c) Opportunities for staff to cover for senior staff and /or experience different
departments
5) Funds deficit a) Annual budgets set and reviewed monthly
b) Diversified sources of income
c) Ongoing fundraising activities
d) Reserves policy, which is reviewed annually, aims to have a minimum of 12
months reserves of funds

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Statement of trustees’ responsibilities

The trustees are responsible for preparing the trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed 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 of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. 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 to 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 trust deed. They 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 ensuring that they have complied with the duty in section 4 of the 2006 Charities Act with regards to the public benefit statement.

Patrons

Mr Francis Benali (MBE) Ms Jane Dunn Ms Amanda Piper

Statement as to disclosure of information to auditors

So far as the trustees are aware there is no relevant audit information of which the charity's auditors are unaware and each trustee has taken all the steps that ought to have been taken as a trustee, to make themselves aware of any relevant audit information and to establish that the charity's auditors are aware of that information.

01 / 07 / 2025

Approved by order of the Board of Trustees on ……………………… and signed on its behalf by:

....... ...................... ................ Mr C Lee Trustee

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

INDEPENDENT AUDITORS REPORT

TO THE TRUSTEES OF THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

Opinion

We have audited the financial statements of The Royal Society for the Prevention of Cruelty to Animals Solent Branch (‘the RSPCA Solent Branch’) (the ‘parent charity’ and its subsidiary) for the year ended 31 December 2024 which comprise the consolidated statement of financial activities, the consolidated and parent balance sheets, the consolidated and parent statements of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is 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).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors responsibilities for the audit of the financial statements section of our report. We are independent of the RSPCA Solent Branch in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the RSPCA Solent Branch’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

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INDEPENDENT AUDITORS REPORT (CONTINUED) TO THE TRUSTEES OF THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor’s report thereon . The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the information and, in doing so, consider whether the information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the statement of trustees’ responsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the RSPCA Solent Branch’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

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INDEPENDENT AUDITORS REPORT (CONTINUED) TO THE TRUSTEES OF THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

Identifying potential risks related to irregularities

We obtained an understanding of the laws and regulations that are applicable to the charity and determined those which could reasonably be expected:

•To have a direct effect on the determination of material amounts and disclosures in the financial statements. We determined that the most significant were the Charities Statement of Recommended Practice (FRS102); and

• To not have a direct effect on the financial statements but compliance with which may be fundamental to the charity’s ability to operate or avoid a material penalty. We determined that the most significant were health and safety, and employment law.

• We enquired to management as to their own assessment of risks in relation to fraud and irregularities and the internal controls they may have in place to mitigate the risks of fraud or non-compliance with laws and regulations;

• We evaluated management’s incentives and opportunity for fraudulent manipulation of the financial statements (including the risk of override of controls).

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INDEPENDENT AUDITORS REPORT (CONTINUED) TO THE TRUSTEES OF THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

Audit approach to risks identified

• We reviewed how the charity is complying with laws and regulations by making enquiries to management and senior employees. This was corroborated by review of correspondence received from regulatory bodies;

• We reviewed the financial statement disclosures and tested to supporting documentation to assess compliance with the Charities Act and accounting standards;

• We enquired to management concerning any actual or potential litigation and claims;

• We performed analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud or non compliance;

• We enquired whether management had any knowledge of any actual, suspected, or alleged fraud;

• We tested the appropriateness of journal entries and other adjustments to assess whether the judgements made in making accounting estimates are indicative of a potential bias. This included assessing the business rational of any significant transactions that are unusual or outside the normal course of business;

• We communicated the risks identified and the audit approach to be taken to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit. There are inherent limitations in the audit procedures described above.

The further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

A further description of our responsibilities is available on the Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

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INDEPENDENT AUDITORS REPORT (CONTINUED)

TO THE TRUSTEES OF THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with section 144 of the Charities Act 2011 and the regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity’s members as a body, for our audit work, for this report, or for the opinions we have formed.

James Todd & Co Limited

………………………… 03 / 07 / 2025

Chartered Accountants Statutory Auditor

Drayton House Drayton Lane Chichester West Sussex PO20 2EW

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2024

Unrestricted
funds
2024
Notes
£
Income from:
Donations and legacies
2
846,827
Charitable activities
3
71,669
Other trading activities
4
614,458
Investments
5
110,861
Total income
1,643,815
Expenditure on:
Raising funds
6
474,545
Charitable activities
7
1,128,609
Taxation
-
Total expenditure
1,603,154
Net income for the year
40,661
Transfers
1,250
Net movement in funds
41,911
Fund balances at 1
January 2024
5,189,441
Fund balances at 31
December 2024
5,231,352		 Restricted
funds
2024
£
18,000
-
-
-
18,000
-
7,295
-
7,295
10,705
(1,250)
9,455
39,288
48,743		 Total
2024
£
864,827
71,669
614,458
110,861
1,661,815
474,545
1,135,904
-
1,610,449
51,366
-
51,366
5,228,729
5,280,095		 Unrestricted
funds
2023
£
668,717
44,950
605,615
80,940
1,400,222
404,340
968,921
274
1,373,535
26,687
-
26,687
5,162,754
5,189,441		 Restricted
funds
2023
£
1,893
-
-
-
1,893
-
5,261
-
5,261
(3,368)
-
(3,368)
42,656
39,288		 Total
2023
£
670,610
44,950
605,615
80,940
1,402,115
404,340
974,182
274
1,378,796
23,319
-
23,319
5,205,410
5,228,729

The consolidated statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

CONSOLIDATED BALANCE SHEET

AS AT 31 DECEMBER 2024

Notes
Fixed assets
Tangible assets
12
Current assets
Investments
13
Stocks
14
Debtors
15
Cash at bank and in hand
Creditors: amounts falling due within
one year
16
Net current assets
Total funds
17
Restricted funds

Unrestricted funds
 2024
£
£
2,428,419
1,379,749
16,796
1,015,105
553,270
2,964,920
(113,244)
2,851,676
5,280,095
48,743
5,231,352

5,280,095		 2023
£
£
2,319,562
389,701
13,884
733,812
1,896,474
3,033,871
(124,704)
2,909,167
5,228,729
39,288
5,189,441
5,228,729		 2023
£
£
2,319,562
389,701
13,884
733,812
1,896,474
3,033,871
(124,704)
2,909,167
5,228,729
39,288
5,189,441
5,228,729
5,228,729
39,288
5,189,441
5,228,729

01 / 07 / 2025

The financial statements were approved by the trustees on .............................................

............................................. Mr C Lee Trustee

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

CHARITY BALANCE SHEET

AS AT 31 DECEMBER 2024

Notes
Fixed assets
Tangible assets
12
Current assets
Investments
13
Stocks
14
Debtors
15
Cash at bank and in hand
Creditors: amounts falling due within
one year
16
Net current assets
Funds
17
Restricted funds

Unrestricted funds
 2024
£
£
2,428,419
1,379,749
16,796
1,014,166
514,484
2,925,195
(92,080)
2,833,115
5,261,534
48,743
5,212,791
5,261,534		 2023
£
£
2,319,562
389,701
13,884
736,221
1,892,450
3,032,256
(129,756)
2,902,500
5,222,062
39,288
5,182,774
5,222,062		 2023
£
£
2,319,562
389,701
13,884
736,221
1,892,450
3,032,256
(129,756)
2,902,500
5,222,062
39,288
5,182,774
5,222,062
5,222,062
39,288
5,182,774
5,222,062

01 / 07 / 2025

The financial statements were approved by the trustees on .............................................

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......................
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......... ...................... .............. Mr C Lee Trustee

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CONSOLIDATED CASH FLOW STATEMENT

AS AT 31 DECEMBER 2024

2024 2023 2023
£ £ £ £
Notes
Cash flows from operating activities
Cash generated from operations (313,475) (22,824)
Investing activities
Purchase of tangible fixed assets (150,540) (326,164)
Investments made (990,050) (389,701)
Investment income received 110,861 80,940
Net cash used in investing activities (1,029,729) (634,925)
Net (decrease)/increase in cash and cash equivalents (1,343,204) (657,749)
Cash and cash equivalents at beginning of year
 1,896,474 2,554,223
Cash and cash equivalents at end of year 553,270 1,896,474
NOTES TO CONSOLIDATED CASH FLOW STATEMENT
1 Reconciliation of net income/(expenditure) to net cash flow from operating activities
2024 2023
£ £
Surplus for the year: 51,366 23,319
Depreciation charges 41,683 29,727
Dividends and interest from investments (110,681) (80,940)
(Profit)/loss on disposal of tangible fixed assets - (400)
Taxation - 274
(Increase) in stock (2,912) (1,695)
(Increase) in debtors (281,293) (6,038)
(Decrease)/Increase in creditors (11,638) 12,803
Net cash provided by (used in) operating activities (313,475) (22,824)
2 Analysis of changes in net debt
1 January 31 December
2024 Cash flows 2024
£ £ £
Cash at bank and in hand 1,896,474 (1,343,204) 553,270
1,896,474 (1,343,204) 553,270

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

PARENT CHARITY CASH FLOW ACTIVITIES

AS AT 31 DECEMBER 2024

2024 2023
£ £ £ £
Notes
Cash flows from operating activities
Cash generated from operations (348,237) (26,848)
Investing activities
Purchase of tangible fixed assets (150,540) (326,164)
Investments made (990,050) (389,701)
Investment income received 110,861 80,940
Net cash used in investing activities (1,029,729)
(634,925)
Net (decrease)/increase in cash and cash equivalents
(1,377,966)		 (661,773)
Cash and cash equivalents at beginning of year 1,892,450 2,554,223
Cash and cash equivalents at end of year 514,484 1,892,450
NOTES TO PARENT CHARITY CASH FLOW STATEMENT
1 Reconciliation of net income/(expenditure) to net cash flow from operating activities
2024 2023
£ £
Surplus for the year 39,472 17,008
Depreciation charges 41,683 29,727
(Profit)/loss on disposal of tangible fixed assets - (400)
Taxation - 274
Investment income recognised (110,681) (80,940)
(Increase) in stock (2,912) (1,695)
(Increase) in debtors (277,945) (8,447)
(Decrease)/increase in creditors (37,675) 17,855
Net cash provided by (used in) operating activities (348,237) (26,848)
2 Analysis of changes in net debt
1 January 31 December
2024 Cash flows 2024
£ £ £
Cash at bank and in hand 1,892,450 (1,377,966) 514,484
1,892,450 (1,377,966) 514,484

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. Accounting policies

1.1 Accounting convention

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true & view. This departure has involved following the Statement of Recommended Practice for Charities applying for 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 RSPCA Solent Branch.

1.2 Charitable funds

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

1.3 Income

Donation and collection income is included in the accounts when they are received or when it becomes reasonably certain that it will be received, and the value of the incoming resource can be measured with sufficient reliability.

Legacies are recognised on a case by case basis following the granting of probate when the administrator/executor for the estate has communicated in writing both the amount and settlement date. In the event that the gift is in the form of an asset other than cash, or a financial asset traded on a recognised stock exchange, recognition is subject to the value of the gift being reliably measured with a degree of reasonable accuracy and the title to the asset having been transferred to the charity.

Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable, unless the asset has been fully purchased then the income is deferred.

Incoming resources from charitable activities are recognised on the accruals basis and are included net of any VAT that has been charged.

Rents received are measured on an accrual basis.

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 by the bank.

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

1.4 Donated goods

Goods donated for resale by the charity’s shops are recognised when they are sold on the basis that it is not practical to measure the fair value of goods donated at the time of donation.

Goods and services donated to the charity for its own use are not recognised in the financial statements as it is not practical to do so and the cost outweighs the benefit. The income recognised from such donations would be offset by an equivalent cost, with net zero impact on the financial statements.

1.5 Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost. Fixed assets costing less than £1,000 are not capitalised. When the asset is received by way of donation, it is recorded at its market value on the date of donation.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

Freehold land not depreciated Buildings straight line over 50 years Plant and machinery straight line over 3 to 5 years Motor vehicles straight line over 5 years

Freehold land and assets in the course of construction are not depreciated.

1.7 Investments

Investments are included at cost less impairment.

1.8 Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

1.9 Basic financial assets

Debtors

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

1.10 Basic financial liabilities

Creditors and provisions

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.

1.11 Taxation

The charity is exempt from tax on its charitable activities. Corporation tax is payable on trading activities.

1.12 Retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity’s pension scheme are charged to the statement of financial activities in the period to which they relate.

1.13 Irrecoverable VAT

Due to the nature of the charity’s activities, not all VAT is recoverable as input tax cannot be attributed directly to taxable or exempt supplies. A quarterly partial exemption calculation is completed for the irrecoverable VAT.

1.14 Volunteers

In accordance with the charities SORP (FRS102), general volunteer time is not recognised in the financial statements. There are a number of regular volunteers as well as many more who volunteer casually and sometimes for specific fundraising events. Further details on volunteering opportunities are set out in the trustees’ report.

.

1.15 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 carrying value 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 the current and future periods.

There are no accounting estimates that are considered to have a material impact on the amounts recognised in the financial statements.

1.16 Operating leases

Rentals under operating leases are charged to the statement of financial activities on a straight line basis over the lease term.

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

2.

Donations and legacies

Donations and gifts
Legacies receivable
RSPCA grant
Other		 Total
funds
2024
£
222,830
593,191
25,000
23,806
864,827		 Total
funds
2023
£
154,075
501,616
10,000
4,919
670,610

3. Charitable activities


Animal adoption fees
Boarding fees and police fees
Vet fees		 Animal
welfare
2024

£
26,461
39,632
5,576
71,669		 Animal
welfare
2023
£
23,079
17,736
4,135
44,950

4. Other trading activities


Commercial boarding
Fundraising events
Shop income
Total income		 Unrestricted
funds
2024
£
139,866
32,631
441,961
614,458		 Restricted
funds
2024
£
-
-
-
-		 Total
2024
£
139,866
32,631
441,961
614,458		 Unrestricted
funds
2023
£
140,790
32,091
432,734
605,615		 Restricted
funds
2023
£
-
-
-
-		 Total
2023
£
140,790
32,091
432,734
605,615

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

5. Investments
Unrestricted Unrestricted
Funds Funds
2024 2023
£ £
Rental income 37,140 42,310
Interest receivable 73,721 38,630
110,861 80,940
6. Expenditure on raising funds
Costs of raising voluntary income
Unrestricted Unrestricted
funds funds
2024 2023
£ £
Costs of raising voluntary income – staff costs 77,950
38,290
Direct costs of fundraising activities 6,207 9,699
Staff costs 167,111 142,867
Goods for resale 754 1,388
Rent, rates, water and power 100,070 105,801
Insurance 1,774 2,323
Stationery, postage and telephone 2,460 2,034
Motor expenses and travel - 555
Maintenance and repairs 16,046 3,554
Refuse collection 6,046 5,655
Bank and credit charges 7,482 8,111
Cleaning 941 929
Advertising 617 100
Miscellaneous expenses 9,373 5,270
Legacy admin fees 8,648 20,213
Allocated centrally incurred support and governance costs 69,066 56,921
474,545 404,340

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

7. Charitable activities

Staff costs
Depreciation and impairment
Veterinary fees
Food
Rent, rates, water and power
Stationery, postage and telephone
Motor expenses and travel
Maintenance and repairs
Refuse collection
Cleaning
Clothing
Miscellaneous
Partial exemption adjustment
Professional fees
Loss/(profit) on disposal of assets
Share of support costs (see note 8)

Analysis by fund
Unrestricted funds
Restricted funds
 Total
funds
2024
£
707,761
41,683
45,037
9,733
76,446
2,461
3,297
54,732
15,851
12,325
1,142
3,197
3,485
-
-
977,150
158,754
1,135,904
1,128,609
7,295
1,135,904		 Total
funds
2023
£
588,128
29,727
55,831
9,324
96,505
1,446
5,378
37,607
14,480
12,706
1,484
1,041
(34,446)
22,556
(400)
841,367
132,815
974,182
968,921
5,261
974,182

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

8. Support costs


Staff costs
Insurance
Motor expenses and travel
Telephone, postage and stationery
Auditors remuneration
Bookkeeping
Legal and professional fees
Repairs and maintenance
Miscellaneous expenses
Analysed between:
Fundraising
Animal welfare		 Unrestricted
funds
2024
Restricted
funds
2024
£
£
147,174
-
4,205
-
-
-
7,033
-
10,136
-
5,023
-
15,036
-
37,635
-
1,578
-
227,820
-		 Total
2024
£
147,174
4,205
-
7,033
10,136
5,023
15,036
37,635
1,578
227,820
69,066
158,754
227,820		 Total
2023
£
136,340
4,010
429
8,241
11,080
4,145
4,857
17,337
3,297
189,736
56,921
132,815
189,736
227,820

9. Trustees

There were no trustees’ remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.

There were no trustees’ expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.

10. Employees


Wages and salaries
Social security costs
Other pension costs		 Group
2024
£
2023
£
1,038,120
837,008
48,973
52,967
12,913
16,031
1,100,006
906,006		 Charity
2024
£
2023
£
1,038,120
837,008
48,973
52,967
12,913
16,031
1,100,006
906,006

The average monthly number of employees during the year was:

Group Charity
2024 2023 2024 2023
49 39 49 39

Defined contribution pension

The amount charged to the statement of financial activities as an expense in the year was £12,913 (2023: £16,032).

There were no employees whose annual remuneration was more than £60,000.

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

11. Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

12. Tangible fixed assets – Group and Charity

Freehold
building &
land
£
Cost
At 1 January 2024
1,670,905
Additions
-
Transfer
808,516
At 31 December 2024
2,479,421
Depreciation and impairment
At 1 January 2024
126,956
Depreciation charged in
the year
21,260
Eliminated in respect of
disposals
At 31 December 2024
148,216
Carrying amount
At 31 December 2024
2,331,205
At 31 December 20231,543,949		 Buildings
under
construction
£
729,678
78,838
(806,516)
-
-
-
-
-
729,678		 Plant and
equipment
£
243,369
71,702
-
315,071
207,765
17,893
225,658
89,413
35,604		 Motor
vehicles
£
24,357
-
-
24,357
14,026
2,530
16,556
7,801
10,331		 Totals
£
2,668,309
150,540
-
2,818,849
348,747
41,683
390,430
2,428,419
2,319,562

Under the rules of the society, the title to freehold land owned by the branch is vested in the headquarters of the society.

13. Current asset investments

14.


Unlisted investments
Stock

Medical goods and stock		 Group
2024
£
2023
£

1,379,479
389,701

Group
2024
£
2023
£

16,796
13,884
 Charity
2024
£
2023
£
1,379,479
389,701

Charity
2024
£
2023
£
16,796
13,884

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

15. Debtors: amounts falling due within one year

Trade debtors
Legacy debtors
Other debtors
VAT
Prepayments and accrued income		 Group
2024
2023
£
£
66,994
12,407
728,900
546,704
73,945
18,802
136,807
144,574
8,459
11,325
1,015,105
733,812		 Charity
2024
2023
£
£
66,749
12,407
728,900
546,704
73,251
18,843
136,807
146,942
8,459
11,325
1,014,166
736,221		 Charity
2024
2023
£
£
66,749
12,407
728,900
546,704
73,251
18,843
136,807
146,942
8,459
11,325
1,014,166
736,221
736,221

There were no debtors due after more than one year.

16. Creditors: amounts due within one year

Other taxation and social security
Other creditors
Trade creditors
Accruals and deferred income		 Group
2024
2023
£
£
18,138
12,842
-
2,035
11,039
27,419
84,067
82,408
132,244
124,704		 Charity
2024
2023
£
£
18,138
12,842
3,317
-
11,039
50,506
59,586
66,408
92,080
129,756		 Charity
2024
2023
£
£
18,138
12,842
3,317
-
11,039
50,506
59,586
66,408
92,080
129,756
129,756

There were no creditors due after more than one year.

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

17. Movement in funds - Group

At 01/01/24
£ £
Unrestricted funds
Unrestricted funds
5,189,441
5,189,441
Restricted funds
Accumulated shelter fund
11,820
Pond fund
Case dog fund
F block fund
Cat fund – Brooks
Moose fund
Fur and feathers
Kennels (A block)
Misc project fund
13,073
3,568
4,804
4,130
891
1,002
-
-
39,288
Total funds5,228,729
Comparative movement in funds
Unrestricted funds
Unrestricted funds
5,162,754
5,162,754
Restricted funds
Accumulated shelter fund
11,820
Pond fund
Case dog fund
F block fund
Cat fund – Brooks
Moose fund
Fur and Feathers
13,073
3,568
9,648
4,547
-
-
42,656
Total funds 5,205,410		 Incoming
resources
1,643,815
1,643,815
-
-
-
-
2,000
-
-
5,000
11,000
18,000
1,661,815
1,400,222
1,400,222
-
-
-
-
-
891
1,002
1,893
1,402,115		 Resources
expended
£
(1,603,154)
(1,603,154)
-
-
-
(148)
(2,147)
-
-
(5,000)
-
(7,295)
(1,610,449)
(1,373,535)
(1,373,535)
-
-
-
(4,844)
(417)
-
-
(5,261)
(1,378,796)		 Transfers
£
1,250
1,250
-
-
-
-
-
-
-
-
(1,250)
(1,250)
-
-
-
-
-
-
-
-
-
-
-
-		 At 31/12/24
£
5,231,352
5,231,352
11,820
13,073
3,568
4,656
3,983
891
1,002
-
9,750
48,743
5,280,095
5,189,441
5,189,441
11,820
13,073
3,568
4,804
4,130
891
1,002
39,288
5,228,729

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THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

17.
Movement in funds - Charity
At 01/01/24
£ £
Unrestricted funds
Unrestricted funds
5,182,774
5,182,774
Restricted funds
Accumulated shelter fund
11,820
Pond fund
Case dog fund
F block fund
Cat fund – Brooks
Moose fund
Fur and Feathers
Kennels (A block)
Misc project fund
13,073
3,568
4,804
4,130
891
1,002
-
-
39,288
Total funds5,222,062
Comparative movement in funds
Unrestricted funds
Unrestricted funds
5,162,754
5,162,754
Restricted funds
Accumulated shelter fund
11,820
Pond fund
Case dog fund
F block fund
Cat fund – Brooks
Moose fund
Fur and Feathers
13,073
3,568
9,648
4,457
-
-
42,656
Total funds 5,205,410		 Incoming
resources
1,629,025
1,629,025
-
-
-
-
2,000
-
-
5,000
11,000
18,000
1,647,025
1,334,089
1,334,089
-
-
-
-
-
891
1,002
1,893
1,335,982		 Resources
expended
£
(1,600,258)
(1,600,258)
-
-
-
(148)
(2,147)
-
-
(5,000)
-
(7,295)
(1,607,553)
(1,314,069)
(1,314,069)
-
-
-
-
-
(4,844)
(417)
(5,261)
(1,319,330)		 Transfers
£
1,250
1,250
-
-
-
-
-
-
-
-
(1,250)
(1,250)
-
-
-
-
-
-
-
-
-
-
-
-		 At 31/12/24
£
5,212,791
5,212,791
11,820
13,073
3,568
4,656
3,983
891
1,002
-
9,750
48,743
5,261,534
5,182,774
5,182,774
11,820
13,073
3,568
4,804
4,130
891
1,002
39,288
5,222,062

Doc ID: 098c4d134546c202e322dc613949b3ec6c13fe3d

THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

Pond fund

A restricted fund was created as a result of a donation to be used for the creation and landscaping of a new pond at the animal shelter. This work commenced in the year ended 31 December 2012.

Case Dog, F Block funds, Kennels (A block)

These funds were created by companies or individuals sponsoring a redevelopment of an area of The Ark.

Maintenance fund

The fund has been created for general maintenance needed at the Stubbington Ark.

Moose fund

This fund has been set up to help any potential adopter of Moose the dog with the cost of having a second cruciate ligament repair as this is likely to be needed.

Fur and Feathers

This fund is to raise money to replace all the small animal sheds and upgrade the accommodation.

Accumulated shelter fund

General repairs and maintenance of the animal shelters.

Misc project funds

This is for the building and maintenance of misc animals (small animals such as hamsters, guinea pigs etc)

18. Analysis of net assets between funds – Group

Unrestricted
funds
£
Restricted
funds
£

Fixed assets
2,428,419
-
Current assets
2,916,177
48,743
Current liabilities
(113,244)
-
Total income
5,231,352
48,743
nalysis of net assets between funds – Charity
Unrestricted
funds
£
Restricted
funds
£

Fixed assets
2,428,419
-
Current assets
2,876,452
48,743
Current liabilities
(92,080)
-
Total income
5,212,791
48,743		 Total funds
2024
£
2,428,419
2,964,920
(113,244)
5,280,095
Total funds
2024
£
2,428,419
2,925,195
(92,080)
5,261,534		 Total funds
2023
£
2,319,562
3.033,871
(124,704)
5,228,729
Total Funds
2023
£
2,319,562
3,032,256
(129,756)
5,222,062

Analysis of net assets between funds – Charity

Doc ID: 098c4d134546c202e322dc613949b3ec6c13fe3d

THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOLENT BRANCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

19.
Operating lease commitments

Within one year
Between two and five years
In over five years
 Group
2024
£
2023
£

69,125
43,750
228,355
167,188
80,933
4,167
378,413
215,105		 Charity
2024
£
2023
£

69,125
43,750

228,355
167,188

80,933
4,167

378,413
215,105

20. Related party transactions

There were no disclosable related party transactions during the year (2023:None).

Doc ID: 098c4d134546c202e322dc613949b3ec6c13fe3d