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2020-12-31-accounts

Page
Referenceandadministrativedetailsofthecharity,itsTrusteesandadvisers 1
Trustees'report 2-5
Independentexaminer'sreport 6
Statementoffinancialactivities 7
Balancesheet 8
Notestothefinancialstatements 9-24

Charityregistered
number 205097
Principaloffice AlleyneLodge
KnappRoad
Cheltenham
Gloucestershire
GL503QH
Branchadministrator MrsP Spencer
IndependentExaminer CroweU.K.LLP
FourthFloor
StJamesHouse
StJamesSquare
Cheltenham
GL503PR
Bankers CAFBankLimited
25KingsHillAvenue
WestMailing
Kent
ME194JQ

13 December 2021

ROY AL SOCIETY FOR THE PREVENTION OF CRUEL TY TO ANIMALS CHELTENHAM & EAST GLOUCESTERSHIRE BRANCH

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

Independent examiner's report to the trustees of Royal Society for the Prevention of Cruelty to Animals Cheltenham & East Gloucestershire Branch ('the charity')

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2020.

This report is made solely to the charity's trustees, as a body, in accordance with section 154 of the Charities Act 2011. My independent examiner's work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity, the charity's members as a body and the charity's trustees as a body for my independent examiner's work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

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

I report in respect of my examination of the charity's accounts carried out Under section 145 of the 2011 Act and in carrying out my examination I have followed 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 accounts do not accord with those records; or

3. the accounts 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.

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.

Signed: Dated: 1 7 December 2021

Crowe U.K. LLP Fourth Floor St James House St James Square Cheltenham GL50 3PR

Page6

Unrestricted Restricted Total Total
funds funds funds funds
2020 2020 2020 2019
Note £ £ £ £
Incomefrom:
Donationsandlegacies 4 66,642 - 66,642 63,002
Charitableactivities 5 4,241 - 4,241 2,059
Investments 6 23,620 - 23,620 28,289
TotalIncome 94,503 - 94,503 93,350
Expenditureon:
Raisingfunds 7 3,516 - 3,516 7,359
Charitableactivities 9 79,545 - 79,545 52,995
Totalexpenditure 83,061 - 83,061 60,354
Net([osses)/gainsoninvestments (6,976) - (6,976) 22,610
NetIncome 4,466 - 4,466 55,606
Transfersbetweenfunds 20 16,553 (16,553) - -
NetmovementInfunds 21,019 (16,553) 4,466 55,606
Reconciliationoffunds:
Totalfundsbroughtforward 784,209 18,700 802,909 747,303
Netmovementinfunds 21,019 (16,553) 4,466 55,606
Totalfundscarriedforward 805,228 2,147 807,375 802,909

ROY AL SOCIETY FOR THE PREVENTION OF CRUEL TY TO ANIMALS CHELTENHAM & EAST GLOUCESTERSHIRE BRANCH

BALANCE SHEET AS AT 31 DECEMBER 2020

2020 2019
Note £ £
Fixed assets
Tangible assets 14 113,490 99,499
Investments 16 135,074 156,826
Investment property 15 300,000 285,224
548,564 541,549
Curent assets
Debtors 17 28,222 39,485
Cash at bank and in hand 238,802 231,078
267,024 270,563
Creditors: amounts falling due within one
year 18 (8,213) (,203)
Net curent asset 258,811 261,360
Total net assets 807,375 802,909
Charit funds
Restricted fnds 20 2,147 18,700
Unrestrced fnds 20 805,228 784,209
Total funds 807,375 802,909

The financial statements were approved and authorised for issue by the trustees and signed on their behalf by:

Mrs L Kirkham Chairman Date: 13 December 2021

The notes on pages 9 to 24 form part of these financial statements.

Pages

Unrestricted Total Total
funds funds funds
2020 2020 2019
£ £ £
Re-HomingIncome 3,510 3,510 1,890
Subscriptions& OtherIncome 731 731 169
4,241 4,241 2,059
Total2019 2,059 2,059

Unrestricted Total Total
funds funds funds
2020 2020 2019
£ £ £
RentalIncome 16,347 16,347 18,130
Dividends 5,057 5,057 8,057
Interest 2,216 2,216 2,102
23,620 23,620 28,289
Total2019 28,289 28,289

Unrestricted Total Total
funds funds funds
2020 2020 2019
£ £ £
Rentalproperty- lightandheat 489 489 143
Rentalproperty- legalandprofessionalfees 2,987 2,987 2,365
Rentalproperty- repairsandmaintenance 40 40 4,851
3,516 3,516 7,359
Total2019 7,359 7,359

Contributionto Total Total
Institutions funds hjnds
2020 2020 2019
£ £ £
ContributiontoInstitutions 22.050 22,050

Unrestricted Total Total
funds funds funds
2020 2020 2019
£ £ £
79,545 79,545 52,995
52,995 52,995

Activities
undertaken Contributionto Total Total
directly headoffice funds
funds
2020 2020
2020

2019
£ £ £
£
Directcosts 57,495 22,050 79,545 52,995
Analysisofdirectcosts
Total Total
funds funds
2020 2019
£ £
Staffcosts 14,167 14,000
Depreciation 2,561 2,019
Veterinary& medicines 11,636 11,325
Rates&
water
1,910 1,089
Light& heat 423 892
Repairs& maintenance 192 154
Insurance 1,198 1,495
Cleaning 2 2
Vanexpenses 212 738
Telephone 1,403 1,428
Printing& stationery 322 709
Re-homingexpenses 14,987 11,556
Bankcharges 65 60
Governancecosts 5,628 6,384
IrrecoverableVAT 2,727 1,061
Miscellaneousexpenses 62 50
Travel 33
57,495 52,995

2020 2019
£ £
IndependentExamination 900 900
Bookkeepingcosts 4,728 5,484
5,628 6,384
Independentexaminer'sremuneration
2020 2019
£ £
Feespayabletothecharity'sindependentexaminerfortheIndependent
examinationofthecharity'sannualaccounts 750 750
Feespayabletothecharity'sIndependentexaminerinrespectof:
Preparationoffinancialstatements 750 125

2020 2019
£ £
Wagesandsalaries 13,670 13,681
Contributiontodefinedcontributionpensionschemes 497 319
14,167 14,000
2020 2019
No. No.
Administrativestaff 1 1

Freehold Motor Office
property vehicles equipment Total
£ £
£
£
Costorvaluation
AtUanuary2020 106,195 3,525 3,263 112,983
Additions - 16,552 16,552
At31December2020 106,195 20,077 3,263 129,535
Depreciation
AtUanuary2020 8,495 3,514 1,475 13,484
Chargefortheyear 2,290 3
268
2,561
At31December2020 10,785 3,517 1,743 16,045
Netbookvalue
At31December2020 95,410 16,560 1,520 113,490
At31December2019 97,700 11 1,788 99,499

Freehold
Investment
property
£
Valuation
At1 January2020 285,224
Surplusonrevaluation 14,776
At31December2020 300,000
Theinvestmentpropertyislocatedat163BathRoad,Cheltenham.A formalvaluation hasnotbeen
carriedout,insteadthepropertyhasbeenrevaluedbasedona percentageaverageof propertyvalue
increasesInthelocalarea.
FixedassetInvestments
Listed
Investments
£
Costorvaluation
At1 January2020 156,826
Revaluations (21.752)
At31December2020
135,074
Debtors
2020 2019
£ £
Otherdebtors 2,053 13.462
PrepaymentsandaccruedIncome 26,169 26,023
28,222 39,485

2020 2019
£ £
Tradecreditors 2,397 785
Othertaxationandsocialsecurity - 232
Othercreditors - 2,001
Accrualsanddeferredincome 5,816 6,185
8,213 9,203
Financialinstruments
2020 2019
£ £
Financialassets
Financialassetsmeasuredatfairvaluethroughincomeandexpenditure 135,074 156,826

Balanceat
Balanceat1 31
January Transfers Gains/ December
2020 Income Expenditure In/out (Losses) 2020
£ £ £ £ £ £
Unrestricted
funds
Designated
funds
Designated
Fund- setup
costsofcharity
shop 100,000 100,000
Designated
Funds- New
premises 300,000 300,000
100,000 300,000 400,000
Generalfunds
GeneralFunds
allfunds 684,209 94,503
(83,061)
(283,447) (6,976) 405,228
Total
Unrestricted
funds 784,209 94,503
(83,061)
16,553 (6,976) 805,228
Restricted
funds
LE Andrews
CharitableTrust:
Newvan 18,700 (16,553) 2,147
Totaloffunds 802,909 94,503
(83,061)
(6,976) 807,375

Unrestricted Restricted Total
funds funds funds
2020 2020 2020
£ £ £
Tangiblefixedassets 113,490 113,490
Fixedassetinvestments 135,074 135,074
Investmentproperty 300,000 300,000
Currentassets 264,877 2,147 267,024
Creditorsduewithinoneyear (8,213) (8,213)
Total 805,228 2,147 807,375
Analysisofnetassetsbetweenfunds- priorperiod
Unrestricted Restricted Total
funds funds funds
2019 2019 2019
£ £ £
Tangiblefixedassets 99,499 99,499
Fixedassetinvestments 156,826 156,826
Investmentproperty 285,224 285,224
Currentassets 251,863 18,700 270,563
Creditorsduewithinoneyear (9,203) (9,203}
Total 784,209 18,700 802,909
22. Capitalcommitments
2020 2019
£ £
Contractedforbutnotprovidedinthesefinancialstatements
Acquisitionoftangiblefixedassets 18,700

2020 2019
£ £
Notlaterthan1 year 30,000 30,000
Laterthan1 yearandnotlaterthan5 years 70,500 84,000
100,500 114,000