RSPCA Bournemouth, New Forest and Dlstrlct Branch Annual Report and Financlal Ststsments Year Ended 31 December 2023 Charity regi8trntion numbor. 205126
Contents (continued) Trustees. Rwwyt 2to3 Independent Ex•71inrf$ Rep Nolos to tho FIn¢181 8t016
Reference and Administrative Details Mr5 C Dennis Mr P Dennis trMGoff Mr S Ofonnel. Chaimwn Mrs S Radford, Tre88urer Mr R Whitlwn 144 P¥k Ro*J Prfnclpal Ollk• Ch•rlty R•gl•trI¢> Numlw %J5126 B•nk•r• N•lkn•l S&4ngs Investments Glasgow GS8 1SB CAF ME19 4JQ Mrs J Bur. Cank Manag Ind•p•nd•nt Exwnln•r PKF Fr8nci8 Clark TcNmgate House 8H15 2PW
Trustees, Report The committe8 have thure in presenting their rW and the finarKig1 stalwnents for Ihe year a)untIng pdi¢w $6t out in nLe 1 to the accounts and corn ith the chartys trusl deed, the Charrties Ad 2011 wJ Accwntsw and Rep by Chrt.. Stemenl af Re¢4>nmerKled Practice (SORP FRS1(Y2). STRUCTURE. 130VERPIANCE ANO IAANAGEMEKr eath ygw at the qewal m08ting by Ihe rnWnb. Th• committee are oblffjtsj to hokl branth ommittee meeb'ngs at lea81 ¢xKe in Y 3 mryrth PeJ, and are bth individualty and responsible lor the management of the branth and its funds. and aT•. theroftye, alw truste. RIIIK IANAGeilT The Iru6tee8 have exambmd the mw Strategi opwakna rfsks to whkh the Charity OWECTIVE AND ACTMTIE3 New F¢xe8t and wffoundlNJ 8rA Chty branch of the RSPCA. a nationwde chwity. Financial assistance li given to tho plie on limlled finartbal mo8 for thew companion anim818 and a veterinary dinic rs hekl fve days a week at Ihe branch premisos. Other bran¢has of tho so• and certain other ani71al charty ¢ygani8•tion$ hdptrl 7hwe ACHIEVEMEIITS AND PERFORMAPKE Obl•ctp of th• thly. In an effort to corrtinue to enhanca I •ff•( tho brwKh cw have an¥nds in ils kxalè, tha trusts•• have emb8thed crf7 8 full re¥ ol branch prfxe888s. eapabiliknts and future FKtsntKal dunno 2022 and into 2023. This was dewgned such that the trustees 4)18 to continued progre68ion. irKreased engogwnent wilh the arwj 8fficrt ol to wpport anlmals in neod in our local aro& Much of this reyiv wa8 conducted durirKJ 2022. wthed on during 2023 and WMI conllnue to implemented over the ccrfning years. The outc(xntt of Ihis review vary from short to long term projects that will be imfviented in order of wity detemiined by the board of trustees. Tho outyLrt of this PU8UC 8ENEFrr The Tru8te83 h48 gi¥an duè rngard to bendt ¥then planning the chwW8 aivltkJ, in accordance wrlh the Chaiity Corrfftws8M'8 General GumIan ffi Pd)lic BenofiL are directly related to the th'eds and pury)c4e8 for thich the chity exists. The charity achieves its principal c4.ects KI purpo¥es through FYV4Kling afftydable velerinary care for the publ on limrted finan1 mgan& These benefts are dKectty rel&ed lo the awm al the charity arAI are fulky COMnt with Principles 1 and 2 ofthe Chaiity Corr1n Pmc*s Pthlic Benef
Trustees, Report (continued) FINANCIAL REVIEW The tharity is maintarned by dc. kgaw a1 cL¥Nc coll8cti8 together with branch acknvitie& The Charty Man6 an inbwtsnent ttyether with bank deposits upon wthich Income from thstIOnS (genernl clin) leg8s hats rKIad frcffi 2022 10 2023. ring the year. income d £284.483 {2022.. £163,710) was rKep•ad and exTnditUre totaling £253.057 {2022.. E216.84n m•l•. Inw•1M r•vakwkn 11 l (1> £650 (2022." 1£4.213)1. PLANS FOR THE FUTURE It is a key Obj'ecti to expand the wtyk of the Clinic and to trgat more anunais %there their owners on llnrted ffinanu81 means struggle wth vet bills, and often cannot afford to have them treated at al. The Oforemoned branch laW is to be used 88 a kèy element to increase the 8fficiency in thè woc¢808s of the brarKli the ¥tabthty and sustarthlty of the branch for the futur•. This chartsi i• 19 to cAher RSPCA br•Kh81 in this part dthe county who may b• •truggllng. RE8EAVES POUCY tt18 the poly ofthe tru•tees ts mawrtain froe at a WffiCA level to cw rwlin• •xpenditure requirements for a 2.3 rf incomtr bs wfficiwrt to meet the Wn98 and known commitment8 for non4outK expondrtur• ¢<Artingonc. At tho year-end tolal unre8tricled free reserves were £425,557 {2022: £394.911) whth are da8j •uifwtt. 8Lrfficient are m•ntaiTh*J in this branth. This reww is e4rrnd annualy by the tru81ees. As already stated. luture lew income IB ¥wy utK%rt8in 8lKI ThTrtlKxrt thot the Ital worf( that is done in the k¢al communty wcthj, wthwt incur a Wbstantl wmu81 Th8 ¥tsln8ry dinic itMII runs at a 6ubstrtI because ofthe dwging poly. 261.61.24 Tho annual rewt wa8 apwo%nd by the tru•tee8 af the tharty ¢y) . .... ... .... behall ty. and •igned on Mrs S Radford, Treasurnr Trustee Pagtr 3
Statement of Trustees, Responsibilities The trustees are responsible for prepwing trustees. repLwt and th8 finan81 statements in Accounting Practrce) and applKable aTrJ rngulations. The Iw to chwrttes requwes the trustees to prepare fwwKial Stateffe for exh financial year vthi¢h give a true arwJ feir of Ihe state ol affairs ol Ihe charty and of the iT)conMn9 re)urceS and applbcation of regwr¢es al the ¢hty for that p&Kxl. In prepn9 th88e slements, the trustees are required to.. state whether appltsble aec4xfftting slandards have been f(kn. subJ'•d to any m•twial departures disd¢)sed and explained in the finan?} statwTrwts,' and preparo the ffinan¢ial Statemts tho going rC•M IMsis unl988 it is to pre8ume The tru¥tees are reswlile for k¢eplry woper (nIg re¢d5 th& disck)s0 with reasonable accuracy ai any line the al the ctiafity and enable them to ensure that the finaneial 8tstem¢nt8 eomKfy with t Charitie8 Act 2011. the ch88 (Accounts and Reports) Regulations 2008, and the prows5 of the constrtution. The trustees are also responsi1e for safeguarding Ihe 88sets of the charity and hencè for tsking reasonable steps for the preventN)n detection of fraud The trustees are resp(m8ibl• for the maintenm Intry of the corporats and financial infonnth'on irtlud¢d Lv7 Iho ¢hwilth website. go4wning the PTep8r8tion ond 16.1.4or#J *n¢d ft8 boh41 by. Approved by tho truste8• charty m....... . . .. Mr8 S Radlord, Tr8aBuref Trustee
Independent Examinerfs Report to the trustees of RSPCA Boumemouth, New Forest and District Branch As the charity trustees ol RSPCA Bneftknth. New FLYest and "str1 Branch are responsible for the preparalK)n ofthe accounts in xc(xdance with the requirements of the Chaiities Act 2011 (Ihe Acl.). I report in rwLt d my examwth L4 the RSPCA Nthv F¢xe6t and Diotri(a Brnnth's accounts ca1•d under seckn 145 of the 2011 Act arKI in <arrywvJ my examinth.on I have foluwed all the ¥plicable CMr•cAiM given ty the Chty COmnls1On urKI¥ SeLli 14515)Ibl d the Ad. Since RSPCA Boum&ncAth. Fcrt and DtrK Brnnth'$ gffjsts Inc exceeded £250,000 your 6xaminer must be a mwnbef (rf a bc listed in lady 145 2011 ACL I confim) that l am qualffied to undertake t ex•nination because l •n a memb8r of the Instituts of Charterfra Accountants in EnglBnd and Wakry4. thich il one d tha klted bodies. I have completed my examinion. I confirm Ihat no matwial mattern havo comè to my att•ntion in 1. a¢¢AlIng r•¢{dI w•rn In ol RSPCA 8(meThth, Ftxest and Oi8trict Br•n¢h •• rewired by Mclion 130 ollh• P<t. or 2. the a¢¢ounts ¢Jo nc a¢ctyd with thos¢ T¢¢4xd¥: 3. account8 do not cwty Ihe acc(nI1 rnquir¢rnits the ccffltsnt al cwnts Sat In tl Chth (Acc(wnts RePty) Regulations 2008 other than any raquirement that the accounts w a and fw vv whh i¥ not a matter c£1•red as part which attèntion yh¢whJ bo drwi in this rewt in <xder to enJle a prr¥)er undèr#taThJing of the
Statement of Financial Activities for the Year Ended 31 December 2023 (Including Income and Expenditure Account) Total 2023 Total 2022 In¢orne •nd Endo• fm: Donations and leg& CharftaNe Other trading atthth• Investment incom Iir2.108 165,058 11.500 30,382 120.940 10.250 T(Aal Income 284.483 163.710 Ewndltur• on: Chantable admties 53.057 216.847 Total Expendrturo GainsltOSS¢8 on Inve81m awts 253,057 216.847 4.213 Net MON•nt kn fund• {57,350) R•conGlllllon ol fvnd• Total funds brought loard Totsl fund8 canl•é lornrnl 565.163 622.513 16 597,239 565.163 The lund8 breakdu4n frx 202218 sIKy•m In rKle 16.
Balance Sheet 31 December 2023 2023 2022 Flx•d ass•t• Tawible a8ts8ts 11 12 171.682 130.213 170,252 129,563 299.81S 301,895 Current •svts Stod(s Debtors C8¥h at bank *1 hand 13 14 11.653 12.058 1,654 271,189 284.1 307.252 319.814 Cr•dltorn: Amounts f•lllng du• Twlthln on• y••r 15 24.470 19.553 Nat curr•nt ••••t• 295,3M 597,239 565,163 Fund• of th• ch•rfty: Unv•Atrlct•d Income fum1• Unrastricted fund• 597,239 $65.163 Totsl lund• 18 597.239 565,163 1.9. and 8yned t)n their behall ty. Mrs S Radford. Treasurer Trustee P¥7
Notes to the Financial Statements for the Year Ended 31 December 2023 1 Accounllng pollcl•• Slat•m•nt of compllanc• The financial ststements have bew PTepaTed in accordanca thè erfrtion ol the Charities statement of Rec¢Mnmended PraclKe issued October 2019. the Finanal Rewting Standard appli¢alyle in the Unod 'ngd(M and Rryubk d IY•lwKI IFRS 1Q) and the chari11 Art 2011. B••l• of pr•pavatlon RSPCA Boumenvxrth. Nv4¥ FoTret and Ditsict Branch IB a fegiwed dwrity. registration number 205126. rngi6ternl n Eryland •KI Wal8& The address of the chwity is wi the retsren¢e and admini#lrthe ddail> on page 1 of fina1 •tslwn•nts. Th• natur• of tho chitys operntion• and pmcipd actrrtim are dewibed in TnJItI, •nnual rwL The ¢h81ity cty)ut•8 a b•nrfrt dafrd by FRS 102. CharitB IA¢counts and Repryts) 2(MJ8 to the extent roquirod to probrydè a trno and fair vivw.This dwartyr• has in¥(thd Ihe Acc¢unting and Rwing by Chwiti98: Sl•ement of Recommended Pfacts'ce app1Kab to Chanth prwng their accounts in accoanCe wtlh the Fin8n¢ial R¢porting St¥nd8rd applic)le in the UK and Repubhc of Ireland {FRS 1021 itsued on 16 Juty 2014 rather than the Accnrj and Raportmg by Ch8ritM.' Stathent d RecOmded convenll(n, rnodlfied to Include caIn Ilem• at lalr valu6. Th• finandd statun0 are prepared In sterling which is the fundwal cuThency of th? chwty and rounthl to the newest £. The chanty h88 Bullolin 1 pU1$hl ry12 FaY 2016 and h¥• thero14xe n( WKluded ¢8oh flow statement in finwKial *atam The financial Staton been prepwed on a going ¢(xK•m baw. In tho CPniDn of the board. the charity has 6uffwrt yng to c(Ytsiue to meet ffinan¢01 oblgatws and pay its and the exprftwj level of income arKI eXPwl1Ure for 12 m(xths frryn authiSn9 these financial statement8. The budgeted income and expenditure is SuirK *ilh the reserves hekl for the
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued) Judg•m¢nts Freehotd property has not been d¢prwthl bause the trustee6 ¢ider the huh level of ongoing maintenance extends the life ol the astset for a) ilene per. The trustees have emNJered wh¢lh•r any impaiTmeT)t hes OCCUTed and are of Y w¢nls or matteTS (¥h as dwnag• Qf Voluntary income induding donaths. gifts. le98 and grants that provmle core funding or are of general nature is recognised the ¢thlty ha6 antit1th io the rt 15 that the Investm¢nl Inc(Y 1$ r•cogn•d M 8 Table basis. Donations and Wies are recowiMd on a re¢w4th b#KI Then IB probable and th• Grnnts rn¢•fvabl• Grants are recognised fien the cha1Y h88 an ertknent to the furKls and ary oJndition8 link•d to the grant8 havts been mat. Whérn [rfOlanCe conditNJns are attxhed to thè grant and are yel to be released. Investment inc¢Th is rwnised a rKer4able ba81& Exp•ndlluv• All expenditure is recogni8ed oncè thèrn 18 a 18gal ty ¢($1[ucli¥e oblwtKm to that oxporKliture, il IB probabl• 58tU8m•nt i¥ rnqUiT•(18nd OUnt can be m4)1r0d Teh&ty. Al costs we alkncated to Ihg applKabl¢ eynditur• headry Ihal aggwkn simdw costs to Ihal c•tegory. Whwe tO8t8 cannol be directty attuted to partthlar headings they have been albocaled on a basis CsIstent with the U88 ol resources. th central Staff costs alcKaled on the ba%$ of twne spent, and depreciation spread of staff ccts. Charitsble expendrture comprises th088 Costs incurrgj by the tharity in the delivery of rts artivities and services lor its bonthjrn. It indudes bLth costs Ihat (xn bo to such x11¢• Govornan costs requirements, induding audrt. stra Managrt and Trustees. wn98 and reimbursed Irr•cov•rnbh VAT
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued) The charity is considwed lo pass tho 188ts 581 wl in Parngraph 1 6 cd th& Finance Act 2010 and therefe it meets the defA7n of a chaiilA? for UK cowakn tax purposes. Accordingty. the chavty is pol exunpl from laxion in T8WCt of incorn Of caprtal gains received within cegryies covered by Chapter 3 Part 11 of the Tax Ad 2010 or Sethon 256 of the Taxation of ChargeJle G3 Ad 1992. to the extent thal SLKh inccffie or gains are app.¢(1 exdu•i¥ to charrtAe PK>. èstimated re8U81 vakw. ¢y4er th•'r exFled usehl as folthvs: Asset class Fixtures and fftlky D•pr•cl•tloTr mrthod and r•1• 2 Reducing balance basi¥ Fixed as¥et investments, rjhw than progvwTh idtyJod at mathfjt value at the balance sheet d8t8. Realised 98ins and 10s58s invejtrnents calculated as the drflernnce ben s81gs prcceeds and their market value at Ihe start crf Ihe or thth'r #ubsaqufjnt co, and 8r• charg•d or uedited to the St•twn•nl of Financ1 AthVilI in th• of dyo8al. Unfoalloed gain• WKI k)8 fwe••nt th• mob•nwrt in mrdket ¥06 dIng the yaar 8nd 8re Stock Stock i¥ vdued at the Lrf cort e•t¥natsd pr1088 ¢O•ts to aThd Jell, after due regard for obsolete and slvAt moviThJ glcK•. C1 1$ dknmmd lI¥j the firnt4n. rnhl {FIFO). C••h and ca•h •qulv•l•nts Cash and cash fjqUNthnts compli cash on hand eal dtipJsit8. aTh3 dhef short4emi highly liquid investment8 that are readily convwthlo to a kno amount of cash and are gu4'0¢1 to an insignffic8nt risk rf thange in value. Trad• cr•dllorn Trade cTedrtors to pfiy fof 9( (W •WVKXS that have been aCqUed In the ordinary c18• of bu8inoss frryn suppliws. ACCInts payth are da681rd as ¢uffenl habilrtw rf the charity creditor for at leasl Iwelve nnthS after the fep(xts'ng d*8. If there is an unconditional right to defer liabiliti.es. amortised cost usiw the effe1 intere8t mpAhod. Fund ¥lructur• Unrestricted inc(Th funds are fund8 that arn avalable for u80 al trustoe's discretion in furtherance of the obj'ectrves of the charity. Page 10
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued) P•nslon• and other post v•tlr•ffl•nt obllgau8 The thaiity PryY4Kl¢8 a defird to are due. If payTnents exceed the C0ntnb due for ser¥ts. thfj excess is recognisad as 8 prepayment. Totsl 2023 Total 2022 Donati¢)ns and legacies: Appear8 and donth• Legac Grnnts. g 4,014 2.764 3,532 33,094 24,088 102.108 30,382 fund• G•n•rnl Tot•1 2023 Clinic tsking8 Branch ACIMI t42.634 22.424 142,634 165.058 165,058 Unr•strlct•d funds Gonernl Tot•1 2022 cnic t*ing$ Branch Acti¥il 104,151 16,789 120,940 104,151 16.789 120.940 P•3e11
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued) Totsl 2023 T¢>tsl 2022 Interest receNable )d Similar income: Interest Teceivable on dep(wts 2.473 1.594 5.817 6 Exp0ndlr• on ch•rh•bh •ctlvl Totsl 2023 Total 2022 82,232 59.$34 1,355 43.664 4,639 110 2,334 814 3.680 51 Surgery vets and nurses Ratel and water Surgery dnJgs Heat arKI lhI Insuranc Repair8 and Ten Cleaning Prcperty rylrn Branch contrution to r•w Staff Training Telephone, KKI polt Sundry Depreciation Card charge8 87.456 2,933 1.207 2.274 1,237 3,553 125 2,241 2,154 474 1.692 2.051 3,122 1,000 3.273 5,235 3,660 3,965 594 8,757 5,155 Software $UKwI Clinbcal te8tiTrJ crall0ft co•1• Garden Hwe of plgnt and mxhinwy Leg818nd profe68ional fe88 G¢)vgMarO Costs (sw 6 Trade ¥ub5ryipb(m 4,475 6,410 3.787 2,126 1.035 6,315 4.890 253,057 216.847 12
Notes to the Financial Statements for the Year Ended 31 Dernber 2023 (continued) Unrnthct•d lunds G•nernl Tot•1 Total 2022 Independent examiner fee¥ 4.lJ90 5.155 4.8 4,890 5.155 7 N•t Incomwoutgolnq r•Kwrc•• Independent EMinern fea DeprecIati( of fixed assets 4,890 2.051 5,155 1.692 No Iru8tees, nor any per8 connected with th, have recald rernunerntion from the charity during the Yr. No Iru•tee• haw rKaivod ary rnirtiurled wonM• or any th benafA• the ¢rity during th• 2022 Staff costs durlng th• y••r TM•r•: Wages and salaries SIX1 8e¢urity Pensm costs 65.019 4.614 1,247 70.880 59,188 2.270 774 62.232 chanty during the year tKas as 2023 1022 No Chaiitable xli¥lies Page 13
Notes to the Financial Statements for the Year Ended 31 Dember 2023 (continued) £28.772}. The chafity offern a defi1 ¢MtribUlM p81 pkn to ethgl)1g wn. Durng the year the thanty paid pansion contributtons which totsl8d £1.247 (2022 . £774). At ond contributic)8 of £Nil12022. £N4} Wefe (Xrtlt'n9 w>J irnAed in kn"lli%. 10 Tax•llon The charity is a registered chty and is therefm exeryt from taxthi. 11 T•nglbl• Ilx•d a•••ts Land and Furnllur• and •Ild*V •qulpm•nt Totsl C¢)•t At 1 January 2023 Additions 161479 42,085 205.584 3,481 3,481 At 31 Dec•rrkn 2023 45.$68 D•prncl•lloTr At 1 January 2023 Charge for the At 31 Decwthr 2tr23 35.312 2.051 35.312 2,051 37.363 37.363 N•t book v•k At 31 December 21Y23 163.479 8.203 171.682 At 31 Decemb8r2022 163,479 6.773 170.252 Prye 14
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued) 2019 2022 Other In¥¢8tments 130,213 129.563 Llsted IDv•Btment• Total Cit or V•lu•Uon At 1 January 2(r23 129.563 650 129.563 650 At 31 DecwTts 21r23 130.213 130.213 Nat book value 130.213 130,213 At 31 Decembor 21Y22 129,563 129,563 13 Stoek 2022 11.653 12.058 14 D•btor• 2023 2022 Prepasfjnents 1,654 15 Crndftorn: amoun1• fallng du• ttthln om y•w 2022 Trado CTrylrt¢rs other t8xats.on and aocial 8ecurity VAT 9.on 2.761 6.659 1.301 7,098 2.184 4,253 1.057 4.981 24.470 19.553 P•p15