2021-12-31-accounts - RSPCA Devon Branch

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	Page
Reference and Administrative Details
Report ofthe Trustees	2to 6
Report ofthe Independent Auditors	7to &
Statement of Financial Activities
Balance Sheet	10
Statement ofCash Flow
Notes to the Financial Statements	12to 25

Registered	Charity Name	RSPCA Devon Branch
Charity Number		205164
Address		Uttle Valley Animal Shelter
		Black Hat Lane
		Bakers Hill
		Exeter
		EX2BTA
President		Vacant Position
		Mis CBAllan (Chairman)
		Mrs E M Mundy fSecretary)
		Mr TByers {Treasurer}
		Mrs A Eyles
		Mrs M Hardy
		Miss EMcPhail
		MrsJWilliams
		Mrs Heather Shipp (Resigned	February 2021)
		Mr Andrew Lofthouse (Appointed		August 2021)
		Ms Katie Stewart (Appointed	September 2021)
		Ms Julie Prince {Appointed January 2022)
Senior Stal		Mr H Lowson (CEO)
		MissJ Evans {Animal Shelter Manager)
		Miss M Holland (Community	Fundraiser)
		(Resigned October 2021) MrJColas (Retail Development		Manager)
		fAppointed August 2021)
		Mrs M Wood (Finance Manager)
		{Appointed March 2021}
Auditors		Bush &Co Limited
		Statutory Auditors
		2 Bamfield Crescent
		Exeter
		EX11QT
Bankers		Mat Vilest Bank Pic
		59 High Street
		Exeter
		EX43DL
Investment	Advisors	Barclays Bank Pic
		Bridgewater House
		Finzels Reach
		Bristol
		BS16BX
Other Names		Little Valley Animal Shelter

				Unrestricted	Restricted	Total Funds	Total Funds
				Fundsf	Funds	2021f	2020f
Income and endowments	from:
Donations snd legacies				201,526		201,526	1,190,079
Charitable scgvitiss				39r117		39,917	34,639
Other trading activities Investments				402,004 20~6	3,760	406,764 20~6	362.348 26,245
Other income				38,062		38,062	93~6
North Devon branch income					106,720	106,720	81+00
TOTAL INCOME				701+66	110~	812~	1,788,587
Expenditure on:
Raising funds
Costs ofgenerating voluntary		income		27 237		27,237	31,986
Fundrsising trading costs
chap purchases and expenses				322,072		322,072	376,018
investment management	costs			10,728			11,9SS
North Devon branch expenditure					67,S87	67„ri87	131,674
Charitable Expenditure				574,379	3,760	678,139	526ri28
TOTAL EXPENDITURE				934+16	71,747	1,006,163	1,077,494
Net gains on investments			15	91,082		91,082	32,477
Net Income/{expenditure)				{14'l~)	38,733	{102,636)	743,570
Transfers
Net Movement in Funds				{141,369)	38,733	{102,636)	743,570
RECONCILIATION OFFUNDS
Total Funds brought forward				5,494 ri22	99&rI96	6,493„ri18	5,749,948
TOTAL FUNDS CARRIED FORWARD				6,363,653	'1,037+29	6+80+82	6,493,618

		BALANCE SHEET	BALANCE SHEET
		ASAT31DECEMBER		2021
				2021		2020f
FIXEDASSETS
Tangible assets		14		2,515,248		2,563 dI77
Investments		15		1,256465		1,155415
				3,671,063		3,719,792
CURRENT ASSETS
Stocks for resale		16	37,8'l2		42+37
Debtors and prepayrnents		17	681,118		824,764
Cash at bank and in hand			926+47		947,44'l
North Devon net assets			1,037,329		998,596
			2,682+06		2,813,638
LIABIUTIES:Amounts	falling
due within one year
Creditors and accruals		18			39412
NET CURRENT ASSETS				2,619,369		2,773,726
Total assets less current	liabilities			6,390,882		6~3+18
THE FUNDS OFTHE CHARITY:		'l9
Unrestricted funds				5,353,553		5,494,922
Restricted funds				1,037329		998,596
TOTAL CHARITY FUNDS				6,390,8&2		6493,518

					Note	2021	2020
							R
Net cash provided by (used		in}operating	activities		24	10,009	476,8&5
Cashflow from imresting	activities
Dividends, interest and rents						20~6	26,245
Purchase offixed assets						(41,710)	(265+77)
Purchase ofinvestments						(611,683)	(352,685)
Sale of investments						525,199	682,007
Net cash provided by (used		in) financing	activities			(107,73&)	90,090
Cashflow from financing	activities
Repayment ofborrowing
Net cash provided by (used		in) financing	activities
Change in cash and cash	in	the reporting	period			(97,729)	566,975
Cash and cash equivalents		at the beginning		of the
reporting period					25	1,048,46?	481,492
Cash and cash equivalents		atthe year end				950,73&	1,04&W?

		2021	2020
			E
Adoptions Boarding		31,755 5,125	29,0883'
Vet reimbursement		IW2	667
Membership	fees	1,635	1,015
			34,639

OTHER TRADING ACTIVITIES
	2021	2020
Friends of Little Valley Animal Shelter	8,780	11,284
Shop income {Nota23} Online income (Note 23)	269,530 4~0	174,785 8,104
RSPCA House to House	48,268	50,387
Other events	10@31	11,131
Other income	64+05	655
Shops COVID grants (Note 23)		106,002
	405,764	362+48

INVESTM	ENT INCOME
		2021	2020
		E
Dividends	and interest from portfolio	20,207	25,649
Bank interest		249	596
			26,245

COSTS	OFGENERATING VOLUNTARY iN	COME
		2021
Events	expenditure	699
Legacy Support	fee costs	5,664 20,874	18,262 'i3.723
		27,237	31,985

Shop Purchases an	d Expenses
		2021	2020
Shop purchases		6,082	19,329
Shop consumables		580	412
Staffsalaries		'l28,018	187,761
Rent		35,685	45487
Rates		4,675	9+05
Light and heat		5,294	6,134
Telephone and internet		1,624	1538
insurance		2,737	1,700
Repairs and renewals		4,794	3,060
Cleaning and waste	disposal	3490	4P'I7
Premises expenses		557	2,735
Motor and travelling		6,698	4,230
SMffwelfare		221	207
Sundries		1,488	1,263
Legal &.professional		M80	2,789
Postage, sta6onary	&computer costs	3,095	2,559
Depreciation Shop equipment		2,406	776
Shop building		16,998	11,518
Motor vehicles		4,22'l	4421
Shop card machine Support costs	and gift aid tills	7,240 83~9	10,692 54495
		322,072	376,018

Protection and reho	ming ofanimals
		202'I	2020f
Animal welfare		59,749	64+70
Staff salaries		259,933	24&+97
Staffwelfare %training		463	232
Rates		8,765	7459
Light Kheat		29,094	23,046
Telephone and internet		3,502	3,583
insurance		4,066	4,002
Repairs and renewals		6,559	3,889
Premises expenses		3,756	2,755
Cleaning and waste	disposal	14,670	14,877
Motor and trave(ling		2,021	2+74
Postage, stationery	Ikcomputer costs	6,438	5,053
Bank Charges		45	298
Sundries		5,180	3,068
Legal Btprofessional		4,021	3,297
Depreciation
Buildings '		49,104	65,243
Plant		16+10	6,068
Support costs		104,363	68,618
		578,139	526429

ALLOCAllON OFSU	PPORT COSTS
	Costs of
	Generating
	Voluntary	Fundrais'ing	Charitable
	incomef	Costsf	Expendituref	2021f	2020f
Staffsalaries	17,011	68,Q42	85,053	170,1Q6	112,460
Accountancy	1,627	6,508	8,134	16+70	10419
Postage, stationery
5.computer costs	809	3,234	4,043	8,086	6,033
Legal and
Professional	1,076	4+03	5+78	10,758	4,977
Bank charges	296	1,182	1+78	2955	2,712
Repairs ikranewals	3	12	15	30
Cleaning and
Waste disposal		36	45	90
Motor expenses		172	217	432
	20,874			2Q8,727	137,235

		2021	2020
Wages	and salaries	52747S	522+56
Social	security costs	30,079	26,062
		556,057	546,518

The average number ofemployees	The average number ofemployees
			2020
Fundraising	and shop		11
Charitable	activities		16
Support stafF			4
		31

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	Investments
Market value at 1 January 2021	1,054,608
AddiTions	611,683
Disposals	{525,199}
Revaluation	91,082
	1,232,174

STOCKS
			2021f	2020 E
			37,812	42W7
DEBTORS:AMOUNTS	FALUNG DUE WITHIN ONE YEAR
			2021f	2020
Trade debtors			1,369	3+07
VAT recoverable			6369	2,985
Tsx refunds			3,322	3+06
Prepayments Other debtors			11,600 658~8	11+81 802485
			681,118	824,764
CREDITORS: AMOUNTS		FALLINQ DUE WITHIN ONE YEAR
			2021f	2020
Trade creditors			36,130	21,064
PAYE and social security			18,991	10416
Accruals			8,416	8,632
				39,9'l2

	Brought			Gaiasl		Carried
	forward			Losses	Transfersf	Forward
Unrestricted funds
General funds	4,594448	'I,702,712	(941,945)	32,477	(295471)	5,091,922
Designated funds
Kennels	107,629				('l07,629)
Reception Redesign					403400	403,000
Total
unrestricted funds	4,701,678	1,702,712		32.477		5,494822
Restricted funds
Safe Haven Scheme North Devon Branch	1,048,270	3,975 81~	(3+75) ('l31,574}			998,596
Total
restricted funds	1,048,270	85+75	(135,549)			6,493+18
Total funds	5,749,948	1,788,587	{1,077,494)	32,477		6,493+18

ANALY	SIS OF NE	TASSETSBETW	EEN FUNDS
		Unrestrlsted	Funds
		Undesignated	Designated	Restricted	2021	2S20
		Funds	Fundsf	Fundsf	Total Fundsf	Tetsl Fundsf
Fixed assets		2,515,248			2,515+4&	2,563,977
Investments		1456465			1,256,265	1,155,8'l5
Current	assets	871,077	774,500	1,037,329	2,682+06	2,813,638
Current	liabilities	(63,537)			(63,537)	(39,912)
		4,950,553	403,000	1,037,329	6390,RQ	6~3,518

SURPLUS/(DERC	IT) ON SHOP ACTIVITY
		2021f	2020f
Income from activities ofgenerab ng funds {Note4)		273+80	182,889
Shops COVID grants (Note 4)			106+02
Shop staff CJRS	income {Note6}	20,252	59,91'I
Shop purchases	and expenses (Note 8)	(322,075)	(375,018)
Surplus/(deficit)	on shop activity	{27,&40}	(26+15)

				2021
				E
	Net income for the reporting	period (as	per the statement
	offinancial activities			(102,636)	793,244
	Adjustments for.
	Depreciation and amortisation			90,439	88,027
	Dividends, interest and rents			(20,456)	(26,245)
	Gains on investments			(91,082)	(32877)
	Loss on sale offixed assets
	(Increase)/decrease in debtors			105,094	(342,271)
	(Increase)/decrease in creditors			23,625	(12454)
	(increase)/decrease m stock			5,025	9A61
	Net cash provided by (used in) opemting		activities	10,009	476~
25.	CASH AND CASH EQUIVALENTS IN STATEMENT OFCASHFLOWS
				2021	2020
				E
	Cash at bank and in hand			926,647	947,441
	Cash held in investment portfolio			24,091	101,026
				950,738	1,04'?