Docusign EnvelopÈ ID". AACB63Ag-746E-4389-A8E942D91F929087 RSPCA Bournemouth, New Forest and District Branch Annual Report and Financial Statements Year Ended 31 December 2024 Charity registration number.. 205126
Docusign EnvelopÈ ID". AACB63Ag-746E-4389-A8E942D91F929087 RSPCA Bournemouth, New Forest and District Branch Contents (continued) Reference and Administrative Details Trustees, Report 2to3 Statement of Trustees, Responsibilities Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 810 17
Docusign EnvelopÈ ID". AACB63Ag-746E-4389-A8E942D91F929087 RSPCA Bournemouth, New Forest and District Branch Reference and Administrative Details Trustees Maria Cutler Mrs C Dennis Mr P Dennis MrMGoff Mr J Lelhbridge, Hon. Secretsry Mr S O'connell, Chairman Mrs S Radford, Treasurer Astrid Saunders Principal Office 144 Richmond Park Road Bournemouth Charity Registration Number 205126 Bankers National Savings and Investments Glasgow GS8 1SB CAF Kent ME19 4JQ Other Officers Mrs J Burden, Clinic Manager Independent Examlner PKF Francis Clark Chartered Accountants Towngate House 2-8 Parkstone Road Poole Dorset BH15 2PW Pag8 1
Docusign EnvelopÈ ID". AACB63Ag-746E-4389-A8E942D91F929087 RSPCA Bournemouth, New Forest and District Branch Trustees, Report The committee have pleasure in presenting their report and the financial statements for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charills trust deed, the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice ISORP 2019 FRS1021. STRUCTURE. GOVERNANCE AND MANAGEMENT The charity is govemed by RSPCA branch rules effective 1 January 2003. The branch is run by an elected committee who receive no remuneration. The committee are elected e8ch year at the general meeting by the members. The committee are obliged lo hold branch committee meetings 8t le8St once in any 3 month period, and are both individually and collectively responsible for the management of the branch and ils funds, and are, therefore, also Iruslees. RISK MANAGEMENT The Iruslees have examined the major strategic, business and operational risks lo which the Charity is exposed, and systems have been, or are being established, to enable the early idenlificalion of issues so that the ne$Sary steps can be taken lo manage those at risks. OBJECTIVE AND ACTIVITIES The objects of the charity continue to be the provision of animal welfare servi8 in the Boumemoulh, New Forest and surrounding area. The Charity is an independently run branch of the RSPCA, a nationwide charity. Financial assistance is given to the public on limited financial means for their companion animals and a veterinary clinic is held five days a week al the branch premises. Other branches of the society and certain other animal charity organisalions are helped where necessary. ACHIEVEMENTS AND PERFORMANCE The trustees are convinced that the achievements and performance of the branch satisfy the objectives of the charity. In an effort to continue to enhance the effect the branch can have on animals in ils locale, the trustees embarked on 8 full review of branch aclivilies, processes, capabilities and future potential during 2022 and into 2023. This review was designed such that the trustees will be able to ensure continued progression, increased engagement with the community and efficient use of funds lo support animals in need in our local area. Much of this review was conducted during 2022, was worked on during 2023 and will continue to be implemented over the coming years. The outcomes of this review vary from short lo long term projects that will be implemented in order of priority determined by the board of trustees. The oulpul of this review will likely continue lo steer the direction of the trustee's focus in the years lo come. PUBLIC BENEFIT The Trustees have given due regard to public benefit when planning the charity's aclivilies, in accordance with the Charity Commission's General Guidan on Public Benefit. Pag8 2
Docusign EnvelopÈ ID". AACB63Ag-746E-4389-A8E942D91F929087 RSPCA Bournemouth, New Forest and District Branch Trustees, Report (continued) The paragraphs above set out our aclivilies, achievements and performance during the year, which are directly related to the objects and purposes for which the charity exists. The charity achieves its principal objects and purposes through providing affordable veterinary care for the public on limited financial means. These benefits are directly related to the aims of the charity and are fully compliant with Principles 1 and 2 of the Charity Commission Principles on Public Benefit. FINANCIAL REVIEW The charity is maintained financially by donations, legacies and clinic collections together with branch activities. The Charity maintsins an investment portfolio. together with bank deposits upon which interests and dividends are earned. Income from donations (general and clinic) and legacies have increased from 2023 to 2024. During the year, income of £300,885 {2023'. £284,483) was received and expenditure tolalling £263,794 12023.. £253,057) was made. Investments revaluation Ilossl I gain was {£1,0051 {2023'. £6501. PLANS FOR THE FUTURE It is a key objective to expand the worf( of the Bournemouth Clinic and lo treat more domestic animals where their owners on limited financial means struggle with vel bills, and often cannot afford lo have them treated at all. The aforementioned branch review is lo be used as a key element to increase the outreach of the branch where possible, increase engagement with the local community, improve efficiency in the processes of the branch and ensure the stability and sustainability of the branch for the future. It has also been noted by the treasurer that in order lo ensure the stability and sustainability of the branch, further focus on fundraising for donations, outside of legacies, and other income streams will need to be investigated. This charity is willing to support financially other RSPCA branches in this part of the country who may be struggling. RESERVES POLICY It is the policy of the trustees to maintain free reserves al a sufficient level lo cover routine expenditure requirements for a period of 2-3 years rf income is not sufficient lo meet these oulgoings and known commitments for non-rouline expenditure and contingencies. Al the year-end total unrestricted free reserves were £463,20212023.. £425,557) which are deemed sufficient. Where possible. as in previous years, the branch will assist other RSPCA branches. This is provided sufficient resources are maintained in this branch. This review is carried out annually by the trustees. As already slated, future legacy income is very uncertain and without that the vital work that is done in the local community would, without doubl, incur 8 substant181 annual deficit. The veterinary clinic itself runs at a subslanlial loss because of the charging policy. The annual report was approved by the Iruslees of the charity on behalf by.. 08 July 2025 and signed on its Sed by.. 217P52D929.................. Mrs S Radford, Treasurer Trustee Pag8 3
Docusign EnvelopÈ ID". AACB63Ag-746E-4389-A8E942D91F929087 RSPCA Bournemouth, New Forest and District Branch Statement of Trustees, Responsibilities The trustees are responsible for preparing the trustees, report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable lo charities requires the Iruslees to prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the ¢harily and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to.. select suitsble accounting policies and then apply them consistently., observe the methods and principles in the Charities SORP., make judgements and eslimales that are reasonable and prudent., stale whether applicable accoLJnting standards have been followed, subject to any material departures disclosed and explained in the financial statements., and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy al any lime the financial position of the charity and enable them lo ensure that the financial slalemenls comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The Iruslees 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 Iruslees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable companvs website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. 08 July 2025 Approved by the trustees of the charity on and signed on its behalf by.. Sned by.. 21F89202EJC" Mrs S Radford, Treasurer Trustee Pag8 4
Docusign EnvelopÈ ID". AACB63Ag-746E-4389-A8E942D91F929087 RSPCA Bournemouth, New Forest and District Branch Independent Examinerfs Report to the trustees of RSPCA Bournemouth, New Forest and District Branch I report to the trLJStees on my examination of the accounts of RSPCA Bournemouth, New Forest and District Branch for the year ended 31 December 2024. Responsibilities and basis of report As the charity Iruslees of RSPCA Bournemoulh, New Forest and District Branch you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'lhe Act'i. I report in respect of my examination of the RSPCA Bournemouth, New Forest and District Branch's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145151{bl of the Act. Independent examiner's statement Since RSPCA Boumemoulh, New Forest and District Branch's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified lo undertake the examination because l am a member of the Institute of Chartered Accounlanls in England and Wales. which is one of the listed bodies. I have completed my examination. I confim) that no material 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 RSPCA Bournemouth, New Forest and District Branch as required by section 130 of the Act,. or 2. the accounts do not accord with those records,. or 3. the accounts do not comply with the accounting requirements conceming the fom) and conlenl of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination lo which allenlion should be drawn in this report in order to enable a proper understanding of the accounts to be reached. S*n¢d by.. F!FI1119RQI749Tr.... Adrian Way FCA ja director of) PKF Francis Clark Chartered Accounlanls Towngale House 2-8 Parkslone Road Poole Dorsel BH15 2PW Date.. 08 July 2025 Pag8 5
Docusign EnvelopÈ ID". AACB63Ag-746E-4389-A8E942D91F929087 RSPCA Bournemouth, New Forest and District Branch Statement of Financial Activities for the Year Ended 31 December 2024 (Including Income and Expenditure Account) Unrestricted Unrestricted Total Total 2024 2023 Note Income and Endowments from: Donations and legacies Charitable activities Other trading activities Investment income 122,389 159,051 12,000 7,445 102,108 165,058 11,500 5,817 Total Income 300,885 284,483 Expenditure on: Raising funds Charitable activities 12,9061 1260,888 1253,057 Total Expenditure Gainsllosses on investment assets 263,794 1,005 253,057 650 Other recognisgd gains and losses Net movement in funds 36,086 32,076 Reconciliation of funds Total funds brought forward Total funds carried forward 597,239 565,163 16 633,325 597,239 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 16. The notes on pages 8 to 17 forrn an integral part of these financial statements. Pag8 6
Docusign EnvelopÈ ID". AACB63Ag-746E-4389-A8E942D91F929087 RSPCA Bournemouth, New Forest and District Branch Balance Sheet 31 December 2024 2024 2023 Note Flxed assets Tangible assets Investments 170,123 129,859 171,682 130,213 12 299,982 301,895 Current assets Stocks Debtors Cash at bank and in hand 13 14 13,336 11,653 909 307,252 343,246 356,582 319,814 Creditors- Amounts falling due within one year Net current assets 15 123,2391 124,4701 333,343 295,344 Ngt assgts 633,325 597,239 Funds ofthe charity: Unrestrlcted Income funds Unrestricted funds 633,325 597,239 Total funds 16 633,325 597,239 The financial statements on pages 6 to 17 were approved by the Iruslees, and authorised for issue on 08 July 2025 and signed on their behalf by.. Sn*d by.. 211lES43................ Mrs S Radford, Treasurer Trustee The notes on pages 8 to 17 forrn an integral part of these financial statements. Pag8 7
Docusign EnvelopÈ ID". AACB63Ag-746E-4389-A8E942D91F929087 RSPCA Bournemouth, New Forest and District Branch Notes to the Financial Statements for the Year Ended 31 December 2024 1 Accounting policies Statement of compliance The financial statements have been prepared in accordance with the second edition of the Charities Slalement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011. Basis of preparation RSPCA Bournemouth, New Forsel and District Branch is a registered charity, registration number 205126, registered in England and Wales. The address of the charity is given in the reference and adminislralive details on page 1 of these financial slalements. The nature of the charills operations and principal activities are described in the Trustees, annual report. The charity constitutes a public benefit entity as defined by FRS 102. The financial slalements have been prepared lo give a true and fair'view and have departed from the Charities {Accounts and Reports) Regulations 2008 only to the exlenl required lo provide a true and fair view.This departure has involved following the Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 rather than the Accounting and Reporting by Charities.. Slalement of Recommended Practi effective from 1 April 2005 which has Sin been withdrawn. The financial statements are prepared on a going conrn basis and under the historical cost convention, modified to include rtain items al fair value. The financial statements are prepared in sterling which is the functional Currency of the charity and rounded lo the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consislenlly applied to all years presented unless otherwise slated. Exemption from preparing a cash flow statement The charity has adopted Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements. Going concern The financial statements have been prepared on a going concern basis. In the opinion of the board, the charity has sufficient working capital to continue lo meet ils financial obligations and pay ils liabilities as they fall due for the foreseeable future. The board have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial slatemenls. The budgeted income and expenditure is sufficient with the level of reserves held for the charity to be able to continue as a going concern. Pag8 8
Docusign EnvelopÈ ID". AACB63Ag-746E-4389-A8E942D91F929087 RSPCA Bournemouth, New Forest and District Branch Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) Judgements Freehold property has not been depreciated because the Iruslees consider the high level of ongoing maintenance extends the life of the asset for an indefinite period. The trustees have considered whether any impaim)ent has occured and are not aware of any events or mallers Isuch as damage or eXptIOnal deterioralionl that will require a write down against the caryng value of the property. Income and endowments Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has enlillemenl to the income, il is probable that the income will be reiVed and the amount can be measured with sufficient reliability. Investment income is recognised on a recievable basis. Donations and legacies Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured. Grants recelvable Grants are recognised when the Charity has an enlillemenl lo the funds and any conditions linked lo the grants have been met. Where performance conditions are allached to the grant and are yel lo be mel, the income is recognised as a liability and included on the balan sheet as deferred income lo be released. Investment income Investment income is recognised on a receivable basis. Expenditure All expenditure is recognised On there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated lo the applicable expenditure heading that aggregate similar costs lo that category. Where costs cannot be directly attributed lo particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of lime spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Raising fiinds These are costs incurred in attracting voluntsry income, the management of investments and those incurred in trading activities that raise funds. Charltable actlvltles Charitable expenditure comprises those costs incurred by the Charity in the delivery of ils activities and services for ils beneficiaries. It includes both costs that can be allocated directly lo such activities and those costs of an indirect nature necessary lo support them. Pag8 9
Docusign EnvelopÈ ID". AACB63Ag-746E-4389-A8E942D91F929087 RSPCA Bournemouth, New Forest and District Branch Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) Governance costs These include the costs allributable lo the charity's compliance with conslitulional and slatulory requirements, including audit, strategic management and Trustees, meetings and reimbursed expenses. Irrecoverable VAT Irrecoverable VAT is charged against the category of resources expended for which il was incurred. Taxation The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore il meets the definition of a ch8ritsble company for UK corporation tsx purposes. Accordingly, the charity is potentially exempl from taxation in respect of income or capital gains reiVed within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively lo charitable purposes. Depreciation and amortisation Depreciation is provided on tsngible fixed assets so as lo write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows.. Asset class Fixtures and fittings Depreclatlon method and rate 200/, Reducing balance basis Fixed asset investrnents Fixed asset investments, other than programme related investments, are included at market value at the balan sheet dale. Realised gains and losses on investments are calculated as the difference between sales prOedS and their market value al the start of the year, or their subsequent cost, and are charged or credited lo the Statement of Financial Activities in the period of disposal. Unrealised gains and losses represent the movement in market values during the year and are erediled or charged lo the Statement of Financial Activities based on the market value al the year end. Stock Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard for obsolete and slow moving stocks. Cost is detenmined using the first-in, first-out method IFIFOI. Cash and cash equivalents Cash and cash equivalents Comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject lo an insignificant risk of change in value. Page 10
Docusign EnvelopÈ ID". AACB63Ag-746E-4389-A8E942D91F929087 RSPCA Bournemouth, New Forest and District Branch Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) Trade creditors Trade creditors are obligations lo pay for goods or services that have been acquired in the ordinary Course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer selllemenl of the creditor for al least twelve months after the reporting dale. If there is an unconditional right to defer settlement for at least Ie1ve months after the reporting date, they are presented as non-current Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Fund structure Unrestricted income funds are general funds that are available for use at the trustee's discretion in furtherance of the objectives of the charity. Pensions and other post retirement obligations The charity provides a defined contribution plan lo eligible employees. Contributions lo defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment. 2 Income from donations and legacies Unrestrlcted Total 2024 Unrestrlcted Total 2023 Donations and legacies- Collections collecting boxes Appeals and donations Legacies Grants, including capital grants., Grants 246 3,659 96,668 4,014 65,000 21,816 33,094 122,389 102,108 Page11
Docusign EnvelopÈ ID". AACB63Ag-746E-4389-A8E942D91F929087 RSPCA Bournemouth, New Forest and District Branch Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 3 Income from charitable activities Unrestricted funds General Total 2024 Clinic takings Branch Activities 158,455 596 158,455 596 159,051 159,051 Unrestrlcted funds General Total 2023 Clinic takings Branch Activities 142,634 22,424 142,634 22,424 165,058 165,058 4 Investment income Unrestricted Total 2024 Unrestricted Total 2023 Interest receivable and similar income., Interest receivable on bank deposits Other income from fixed asset investments 3,388 4,057 2,473 3,344 7,445 5,817 Page 12
Docusign EnvelopÈ ID". AACB63Ag-746E-4389-A8E942D91F929087 RSPCA Bournemouth, New Forest and District Branch Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 5 Expenditure on charitable activities Total 2024 Total 2023 Staff salaries Surgery vets and nurses Surgery drugs Rates and water Heal and light Insurance 74,316 74,644 51,885 2,949 6,817 1,556 1,013 2,761 5,647 1,796 125 859 2,338 1,755 3,044 5,422 6,527 5,033 1,650 70,880 67,456 60,889 2,906 2,933 1,207 1,237 2,274 3,553 2,094 125 966 2,241 2,051 3,122 4,475 6,410 3,787 2,126 1,035 6,315 4,890 Cleaning Repairs and renewals Property repairs Branch contribution lo region Staff Training Sundry Telephone, stationary and post Depreciation Card charges Software support Clinical testing Cremation costs Garden Hire of plant and machinery Legal and professional fees Governance costs (see note 61 Staff Welfare Trade subscriptions 2,519 7,270 645 317 85 260,888 253,057 6 Analysis of govemance and support costs Governancg costs Unrestricted funds General Total 2024 Total 2023 Independent examiner fees Examination of the financial statements 7,270 7,270 4,890 7,270 7,270 4,890 Page 13
Docusign EnvelopÈ ID". AACB63Ag-746E-4389-A8E942D91F929087 RSPCA Bournemouth, New Forest and District Branch Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 7 Net incomingloutgoing resources Net incoming resour8 for the year include.. 2024 2023 Independent Examiners fee Depreciation of fixed assets 7,270 1,755 4,890 2,051 8 Trustees, remuneration and expenses During the year the charity made the following transactions with trustees- MrJ Lethbridge £234 {2023'. £Nill of expenses were reimbursed lo Mr J Lelhbridge during the year. No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have reiVed any other benefits from the charity during the year. 9 Staff costs The aggregate payroll costs were as follows.. 2024 2023 Staff costs durlng the year were: Wages and salaries Social security costs Pension costs 68,121 4,988 1,207 65,019 4,614 1,247 74,316 70,880 The monthly average number of persons {including senior management team) employed by the charity during the year was as follows-. 2024 No 2023 No Charitable activities No employee received emoluments of more than £60,000 during the year The total employee benefits of the key management personnel of the charity were £29,035 12023 £27,817). Page 14
Docusign EnvelopÈ ID". AACB63Ag-746E-4389-A8E942D91F929087 RSPCA Bournemouth, New Forest and District Branch Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) The charity offers a defined contribution pension plan to eligible employees. During the year the charity paid pension contributions which tolalled £1,207 {2023 - £1,247). At the year end contributions of £23412023 - £Nill were outstanding and included in liabilities. 10 Taxatlon The charity is a registered charity and is therefore exempt from taxation. 11 Tangible fixed assets Land and Furniture and buildings equipment Total Cost Al 1 January 2024 Additions 163,479 45,387 375 208,866 375 Al 31 December 2024 163,479 45,762 209,241 Depreciation Al 1 January 2024 Charge for the year 37.363 1,755 37,363 1,755 Al 31 December 2024 39,118 39,118 Ngt book value Al 31 December 2024 163,479 6,644 170,123 Al 31 December 2023 163,479 8,024 171,503 Page 15
Docusign EnvelopÈ ID". AACB63Ag-746E-4389-A8E942D91F929087 RSPCA Bournemouth, New Forest and District Branch Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 12 Fixed asset investments 2019 2023 Other investments 129,859 130,213 other investments Llsted investments Total Cost or Valuation Al 1 January 2024 Rev81uation Additions 130,213 11,0051 651 130,213 11,0051 651 Al 31 December 2024 129,859 129,859 Net book value Al 31 December 2024 129,859 129,859 Al 31 December 2023 130,213 130,213 13 Stock 2024 2023 Stocks 13,336 11,653 14 Debtors 2024 2023 Prepayments 909 15 Creditors: amounts falling due within one year 2024 2023 Trade creditors Other taxation and social security VAT Other creditors Accruals 9,952 2,518 4,079 989 5,701 9,072 2,761 6,659 1,301 4,677 23,239 24,470 Page 16
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