|||Pacae|
|---|---|---|
|Reference and Administrative|Details||
|Trustees'<br>Report||2 —7|
|Independent<br>Examiner's<br>Report to the Trustees|||
|Statement<br>of Financial<br>Activities|||
|Balance Sheet||10|
|Statement<br>ofCash Flows|||
|Notes to Financial Statements||12 —24|





## 

## 

## 

|Principal|Address|and|Registered|Office|RSPCA Rescue Centre|
|---|---|---|---|---|---|
||||||Brent Road|
||||||Brent Knoll|
||||||Highbridge|
||||||Somerset|
||||||TA9 4BL|



|Independent|Examiner|Michelle Ferris BSc(Hons) FCA DChA|Michelle Ferris BSc(Hons) FCA DChA|
|---|---|---|---|
|||Albert Goodman<br>LLP||
|||Chartered|Accountants|
|||Goodwood|House|
|||Blackbrook|Park Avenue|
|||Taunton||
|||Somerset||
|||TA1 2PX||





## 

## 

## 

## 



## 



## 




## 



## 

## 



## 



## 

## 

## 

## 

## 

## 



||||Unres-|Res-||Unres-|Res-||
|---|---|---|---|---|---|---|---|---|
||||tricted|tricted|Total 2022|tricted|tricted|Total 2021|
|||Note|||||f||
|Income from:|||||||||
|Donations<br>and legacies|||280,387||280,387|214,250||214,250|
|Other trading<br>activities|||350,964||350,964|242,543||242,543|
|Investments|||405||405|824||824|
|Other income|||17,578||17,578|15,806||15,806|
|Gain on sale of tangible|||||||||
|fixed assets|||251,163||251,163||||
|Tota I income|||900,498||900,498|473,423||473,423|
|Expenditure<br>on:|||||||||
|Raising funds||3|255,684||255,684|180,668||180,668|
|Expenditure<br>on charitable|||||||||
|activities||4|425,645||425,645|276,512||276,512|
|Total expenditure|||681,329||681,329|457,180||457,180|
|Net income before|other||||||||
|recognised<br>gains<br>/ (loss)|||219,169||219,169|16,243||16,243|
|Other recognised|gains||||||||
|Net gain/ (loss) on|||4,404||4,404|6,774||6,774|
|investments|||||||||
|Net income|||||||||
|before transfers|||223,573||223,573|23,017||23,017|
|Transfers<br>between|funds|11|||||||
|Net movement<br>in funds|||223,573||223,573|23,017||23,017|
|Reconciliation<br>offunds|||||||||
|Total funds brought|forward||||||||
|(as restated)||11|2,462,776||2,462,776|2,439,759||2,439,759|
|Total funds carried|forward||2,686,349||2,686,349|2,462,776||2,462,776|





||||2022||2021|
|---|---|---|---|---|---|
||Note|||||
|Fixed assets||||||
|Tangible fixed assets|7|1,627,313||1,745,097||
|Investments|8|257,562||253,158||
||||1,884,875||1,998,255|
|Current assets||||||
|Stock||8,204||5,625||
|Debtors||39,753||20,109||
|Cash at bank and in hand||776,262||469,291||
|||824,219||495,025||
|Liabilities||||||
|Creditors<br>falling due within one year|10|(22,745)||(30,504)||
|Net current assets|||801,474||464,521|
|Total net assets|||2,686,349||2,462,776|
|The funds ofthe charity:||||||
|Restricted funds||||||
|Unrestricted<br>funds|||2,686,349||2,462,776|
|Total charity funds|||2,686,349||2,462,776|





|||||2022|2021|
|---|---|---|---|---|---|
||||Notes|||
|Cash flows from operating|activities|||||
|Net movements<br>in funds for the year||||223,573|23,017|
|Adjustments<br>to cash flows from non-cash||items:||||
|Depreciation<br>and amortisation||||43,358|48,859|
|Loss / (gain) on disposal of|fixed assets|||(251,163)||
|Loss / (gain) on revaluation|of fixed assets|||(4,404)|(6,774)|
|Finance expense||||6,094|3,706|
|Finance income||||(405)|(824)|
|||||17,052|67,984|
|Working<br>capital adjustments:||||||
|(Increase)/decrease<br>in stock||||(2,579)|7,253|
|Decrease/(increase)<br>in debtors|||9|(19,644)|719|
|(Decrease)/increase<br>in creditors|||10|(7,759)|5,218|
|Net cash flow from operations||||(12,929)|81,174|
|Cash flows from investing|activities|||||
|Interest received||||405|824|
|Proceeds on disposal offixed assets||||342,000||
|Purchase<br>offixed assets||||(16,411)|(6,556)|
|Net cash flow from investing|activities|||325,994|(5,732)|
|Cash flows from financing|activities|||||
|Interest<br>paid||||(6,094)|(3,706)|
|Net cash flow from financing|activities|||(6,094)|(3,706)|
|Net increase/(decrease)<br>in cash and cash||equivalents||306,971|71,736|
|Cash and cash equivalents|at the beginning|of||469,291|397,555|
|the reporting<br>period||||||
|Cash and cash equivalents|at the end of the|||776,262|469,291|
|reporting<br>period||||||





## 

## 



## 

## 

## 



## 



|2|Incoming|Incoming|resources|from generated|funds|||||
|---|---|---|---|---|---|---|---|---|---|
|||||Unres-|Res-||Unres-|Res-||
|||||tricted|tricted|2022 Total|tricted|tricted|2021 Total|
||||||f|||||
||Donations|and legacies||||||||
||Donations|||105,520||105,520|85,946||85,946|
||Legacies|||174,868||174,868|22,505||22,505|
||Exceptional|government||funding||||||
||Coronavirus||Job Retention|||||||
||Scheme|grant*|||||37,403||37,403|
||Other Covid||grants*||||68,396||68,396|
|||||280,387||280,387|214,250||214,250|
||Other trading||activities|||||||
||Fundraising|events||12,178||12,178|7,189||7,189|
||Shop income|||338,786||338,786|235,354||235,354|
|||||350,964||350,964|242,543||242,543|
||Investments|||||||||
||Investment|income||405||405|824||824|
|||||405||405|824||824|
||Other income|||||||||
||Rent received|||9,600||9,600|7,920||7,920|
||Wind turbine||income|7,978||7,978|7,886||7,886|
|||||17,578||17,578|15,806||15,806|
|||||649,335||649,335|473,423||473,423|





## 

||Unres-|Res-||Unres-|Res-||
|---|---|---|---|---|---|---|
||tricted|tricted|2022 Total|tricted|tricted|2021 Total|
||||||f||
|Raising funds|||||||
|Goods for resale|6,243||6,243|10,306||10,306|
|Wages|139,167||139,167|95,079||95,079|
|Shop rents and services|107,643||107,643|74,714||74,714|
|Sundry event costs|2,631||2,631|569||569|
||255,684||255,684|180,668||180,668|





|4|Expenditure|Expenditure|on charitable|activities||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Unres-|Res-||Unres-|Res-||
|||||tricted|tricted|2022 Total|tricted|tricted|2021 Total|
|||||f|||f|f||
||Direct costs|||||||||
||Wages|||247,171||247,171|153,232||153,232|
||Rates and water|||1,209||1,209|7,095||7,095|
||Vet fees|||20,578||20,578|13,560||13,560|
||Motor expenses|||3,368||3,368|1,296||1,296|
||Identi-chipping|and animal||||||||
||training|||3,064||3,064|1,698||1,698|
||Animal food|||6,146||6,146|1,897||1,897|
||Maintenance|and|repairs|30,627||30,627|15,280||15,280|
||Sundry expenses|||9,456||9,456|1,589||1,589|
||Staff training|||4,177||4,177|847||847|
||Depreciation|8||||||||
||loss on disposal|||43,358||43,358|48 859||48,859|
||Total direct costs|||369,155||369,155|245,353||245,353|
||Support costs|||||||||
||IIanagernent|||||||||
||Rates and water|||13,500||13,500|7,659||7,659|
||Telephone|||2,834||2,834|974||974|
||Postage and|stationary||3,965||3,965|5,153||5,153|
||Bookkeeping|services||10,663||10,663|7,661||7,661|
||Professional|fees||17,674||17,674|4,596||4,596|
||Accountancy|fee||1,000||1,000|900||900|
||Independent|examiners||||||||
||remuneration|||760||760|510||510|
|||||50,396||50,396|27,453||27,453|
||Finance|||||||||
||Bank charges|and|interest|6,094||6,094|3,706||3,706|
|||||6,094||6,094|3,706||3,706|
||Total support costs|||56,491||56,491|31,159||31,159|
||Total|||425,645||425,645|276,512||276,512|



## 



## 

||||2022|2021|
|---|---|---|---|---|
|Shop and kennel staff|||20|15|
||||20|15|
||||2022|2021|
|Wages and|salaries||346,181|233,539|
|Social security costs|||27,913|10,799|
|Pension costs|||6,244|3,973|
|Redundancy|and termination|costs|6,000||
||||386,338|248,311|



## 



## 

||Freehold|Plant &|Fixtures &|Motor||
|---|---|---|---|---|---|
||Property|Machinery|Fittings|Vehicles|Total|
|Cost||||||
|At 1 January 2022|474,195|58,365|1,761,340|36,838|2,330,738|
|Additions|||16,411||16,411|
|Disposals|(90,837)||||(90,837)|
|At 31 December 2022|383,358|58,365|1,777,751|36,838|2,256,312|
|Depreciation||||||
|At 1 January 2022||26,263|528,293|31,085|585,641|
|Charge for the year||2,918|39,001|1,439|43,358|
|At 31 December 2022||29,181|567,294|32,524|628,999|
|Net book value||||||
|At 31 December 2022|383,358|29,184|1,210,457|4,314|1,627,313|
|At 31 December 2021|474,195|32,102|1,233,047|5,753|1,745,097|





|Fixed asset investments|||
|---|---|---|
||2022|2021|
||Total|Total|
|Listed Investments|36,062|31,658|
|Investment<br>property|221,500|221,500|
|Total Fixed Asset Investments|257,562|253,158|
||2022|2021|
|Listed Investments:|Total|Total|
|Market value|||
|At 1 January 2022|31,658|24,884|
|Revaluation<br>gain I(loss)|4,404|6,774|
|At 31 December 2022|36,062|31,658|
|Historical cost|||
|At 1 January 2022|27,945|27,945|
|At 31 December 2022|27,945|27,945|
||2022|2021|
|Investment<br>property:|Total|Total|
|Market value|||
|At 1 January 2022|221,500|221,500|
|Revaluation|||
|At 31 December 2022|221,500|221,500|
|Historical cost|||
|At 1 January 2022|221,500|221,500|
|Revaluation|||
|At 31 December 2022|221,500|221,500|





## 

|||||2022|2021|
|---|---|---|---|---|---|
|Trade|debtors|||11,248|7,104|
|Other|debtors|and|prepayments|28,504|13,005|
|||||39,753|20,109|



|10|Creditors:<br>Amounts|failing due within one year|||
|---|---|---|---|---|
||||2022|2021|
||Trade creditors||20,021|28,059|
||Other creditors||2,724|2,445|
||||22,745|30,504|





## 

||||Opening||||Closing|
|---|---|---|---|---|---|---|---|
||||Balance|||Gains/|Balance|
||||01/01/2022|Income|Expenditure|(Losses)|31/12/2022|
|Unrestricted||funds||||||
|General|fund||2,462,776|900,498|(681,329)|4,404|2,686,349|
|Total funds|||2,462,776|900,498|(681,329)|4,404|2,686,349|
|Summary|of movement||in funds- prior year|||||
||||Opening||||Closing|
||||Balance|||Gains/|Balance|
||||01/01/2021|Income|Expenditure|(Losses)|31/12/2021|
|Unrestricted||funds||||||
|General|fund||2,439,759|473,423|(457,180)|6,774|2,462,776|
|Total funds|||2,439,759|473,423|(457,180)|6,774|2,462,776|





## 

|Analysis|ofassets between|funds||||
|---|---|---|---|---|---|
|||Fixed|Current|Current||
|||Assets|Assets|Liabilities|Total|
|||||f||
|Unrestricted||1,884,875|824,219|(22,745)|2,686,349|
|Restricted||||||
|At 31 December 2022||1,884,875|824,219|(22,745)|2,686,349|
|Analysis|ofassets between|funds —prior year||||
|||Fixed|Current|Current||
|||Assets|Assets|Liabilities|Total|
|||f||f||
|Unrestricted||1,998,255|495,025|(30,504)|2,462,776|
|Restricted||||||
|At 31 December 2021||1,998,255|495,025|(30,504)|2,462,776|



## 

|||2022|2021|
|---|---|---|---|
|||f||
|0 eratin|leases which ex ire:|||
|Premises:||||
|Within one|year|51,178|36,327|
|2-5 years||72,770|54,000|
|In more than five years||69,000|87,000|
|||192,948|177,327|





## 

||||||||2022<br>f|2021f|
|---|---|---|---|---|---|---|---|---|
|Financial|assets measured|at fair value through|||||||
|the income and expenditure|||account||||257,562|253,158|
|Financial|assets that are debt||instruments|measured|at amortised|cost|787,510|476,665|
||||||||1,045,072|729,553|
|Financial|liabilities measured||at amortised|cost|||21,340|29,112|
||||||||21,340|29,112|
|||||Income||Expensef|Net gains<br>f|Net losses<br>f|
|2022|||||||||
|Financial|assets measured|at|fair||||||
|value through<br>the income||||405|||4,404||
|and|expenditure<br>account||||||||
|Financial|assets measured|at|||||||
|amortised<br>cost|||||||||
|Financial|liabilities<br>measured|at|||||||
|amortised<br>cost|||||||||
|||||405|||4,404||
|2021|||||||||
|Financial|assets measured|at|fair||||||
|value|through<br>the income|||824|||6,774||
|and expenditure<br>account|||||||||
|Financial|assets measured|at|||||||
|amortised<br>cost|||||||||
|Financial|liabilities measured|at|||||||
|amortised<br>cost|||||||||
|||||824|||6,774||