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2020-12-31-accounts

RSPCA Northamptonshire Branch

Charity No. 205377

Trustees' Report and Unaudited Accounts

31 December 2020

RSPCA Northamptonshire Branch Contents

Pages
Trustees' Annual Report 2 to 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Accounts 11 to 18
Detailed Statement of Financial Activities 19 to 21

Page 1

RSPCA Northamptonshire Branch Trustees Annual Report

The Trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2020.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 205377

Principal Office

Mill Cottage Creation Road Brixworth Northamptonshire NN6 6BW

Trustees

The following Trustees served during the year:

J. Addington (Resigned 30 June 2020) J. Burnham C. Dudley M. Duester A. Hurrell S. Penfold C. Statham M. Topp

Key Management Personnel

Head of Operations Richard Burns Animal Centre Manager Dawn Smith Finance Manager Stefanie Anderson Retail Area Manager Lynne Wayland

Accountants

Cavanagh Hobden 20 Gustard Wood Wheathampstead AL4 8RP

Bankers

Barclays Bank Plc

Page 2

RSPCA Northamptonshire Branch Trustees Annual Report

OBJECTIVES AND ACTIVITIES

Objects and aims

The RSPCA Northamptonshire Branch's principal objective is the prevention of cruelty to animals, centred on its inspectorate which provides a range of rescue services for abused, vulnerable and abandoned animals.

Objectives, strategies and activities

The significant activities undertaken by the charity to achieve its stated aims include:

The provision of education to affect the attitudes and behaviour of society with the goal of improving animal welfare.

Rescuing, rehabilitating and rehoming animals in need or that have been subjected to cruelty. This is largely achieved through the charity's cooperation with the national RSPCA's Inspectorate service and is supported by the operation of retail outlets across Northamptonshire that raise funds to cover the costs of providing care to these animals. The charity has six retail outlets.

Public benefit

The charity provides public benefit by promoting animal welfare standards through the provision of education and by preventing cruelty to animals through the enforcement of applicable law. This is considered to deliver a moral benefit to the wider community.

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Use of Volunteers

The charity makes use of volunteers in many areas of its operations. Volunteers are recruited via advertising in the retail outlets, on the charity's website and through social media. All volunteers receive a formal induction as well as health and safety training.

Although they play a very important role, it is impossible to quantify the contribution that volunteers make towards the overall achievements of the charity.

Page 3

RSPCA Northamptonshire Branch Trustees Annual Report

FINANCIAL REVIEW

The gross income of the charity for the year was £630,618, decreasing from £801,268 in 2019. This was largely the result of the forced closure of retail outlets due to lockdown during 2020.

Total resources expended in the year was £644,504 (2019: £744,007).

The resultant decrease in gross income has contributed towards a deficit for the year of (£13,886) (2019: (surplus) £57,261). At 31 December 2020 total funds stand at £456,978 (of which £789 is restricted). There were no movements on the restricted fund during the year.

£76,941 of the unrestricted fund is represented by tangible fixed assets that will be used in the charity's ongoing operations, and are not therefore liquid funds available for immediate use.

Policy on reserves

The charity's main income source is donations. The branches have leased shops that represent a financial commitment. The Charity therefore keeps at least three months running costs in reserves to provide sufficient working capital to run and maintain the leased premises.

Principal funding sources

The charity's principal funding sources are sales from its retail outlets, as well as legacies and donations from the general public.

Donations of goods from the public are vital in enabling the shops to generate income to fund the charity's core activities.

PLANS FOR FUTURE PERIODS

Aims and key objectives for future periods

The charity will continue to focus on its core objectives of preventing cruelty to animals and the general promotion of animal welfare. These will continue to be achieved largely through cooperation with the national RSPCA's inspectorate service, and funded mainly through public cash donations and sales of donated goods via the charity's various retail outlets.

There is an intention to expand the reach of the charity's activities so that it can help a wider range of animals in the future.

Activities planned to achieve aims

The charity hopes to expand upon its current facilities with the ultimate aim to open an Animal Centre in order to accommodate a wider range of animals.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Nature of governing document

The charity is governed by the RSPCA branch rules effective 18 February 2009.

Recruitment and appointment of trustees

The charity is governed by elected trustees, appointed annually by way of a members' ballot which is held at the Annual General Meeting.

Page 4

RSPCA Northamptonshire Branch Trustees Annual Report

Organisational structure

The trustees meet with the Head of Operations on a monthly basis where decisions on policy and practice are made. Routine decisions concerning the day to day running of the charity are delegated to the Head of Operations. If higher level decisions need to be made in the period between trustee meetings, votes are acquired via email. These decisions are discussed at the next trustee meeting and recorded via board minutes.

In order for the Branch to be run by a local committee, a minimum of seven trustees must be appointed. If less than seven are elected, then the RSPCA's Governing Council are required to take control and appoint temporary officers to administer the Branch's affairs.

Induction and training of trustees

All new trustees are briefed on their responsibilities and are provided with an information pack outlining what the role entails. They are also given access to the RSPCA online portal which provides extensive information and advice on their responsibilities as a trustee.

Arrangements for setting key management personnel remuneration Key management personnel comprises the Head of Operations.

The remuneration of key management personnel is usually benchmarked against other RSPCA branches and similar sized animal welfare charities. All remuneration is authorised by the trustees before being set.

Page 5

RSPCA Northamptonshire Branch Trustees Annual Report

The RSPCA Network

Employees are linked to the National Society via a designated contract.

The charity works together with other RSPCA branches to help rehome long stay animals.

Major risks and management of those risks

Legacies remain an important source of income for the charity, but the amount and frequency of legacies is unpredictable, meaning that income can fluctuate significantly from year to year.

Costs are carefully controlled by the team to ensure that sufficient resources are at hand to cover day to day operational expenditure.

Financial Instruments

Objectives and policies

The charity’s activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk.

Cash flow risk

Management carefully manage and plan expenditure to ensure that costs are covered by the more stable and predictable income sources of shop sales and donations.

Cash reserves are held in liquid funds and can therefore be accessed to meet the immediate cash flow requirements of the charity.

Credit risk

The charity’s principal financial assets are bank balances and cash.

The credit risk on liquid funds is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies.

Liquidity risk

The charity does not currently have any active overdrafts or loans. Given the charity's current financial commitments and the level of reserves held, liquidity risk is considered to be low.

Statement of trustees' responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Page 6

RSPCA Northamptonshire Branch Trustees Annual Report

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the charity's trustees

M. Topp Trustee 23 June 2021

Page 7

RSPCA Northamptonshire Branch Independent Examiners Report

Independent Examiner's Report to the trustees of RSPCA Northamptonshire Branch

I report to the trustees on my examination of the accounts of RSPCA Northamptonshire Branch for the year ended 31 December 2020 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011('the Act'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.

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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

As the charity'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 I am qualified to undertake the examination by being a qualified member of Association of Chartered Certified Accountants.

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in, any material respect:

I 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.

Teresa Cavanagh FCCA Association of Chartered Certified Accountants

Cavanagh Hobden 20 Gustard Wood Wheathampstead

AL4 8RP 23 June 2021

Page 8

RSPCA Northamptonshire Branch Statement of Financial Activities

for the year ended 31 December 2020

Notes
Income and endowments
from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Total
Expenditure on:
Raising funds
7
Charitable activities
8
Other
9
Total
Net gains on investments
Net (expenditure)/income
Transfers between funds
Net (expenditure)/income
before other gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Unrestricted
funds
2020
£
227,975
49,331
353,120
192
Restricted
funds
2020
£
-
-
-
-
Total funds
2020
£
227,975
49,331
353,120
192
Total funds
2019
£
178,510
61,547
560,448
763
630,618
362,830
203,404
78,270
-
-
-
-
630,618
362,830
203,404
78,270
801,268
482,965
243,891
17,151
644,504
-
-
-
644,504
-
744,007
-
(13,886)
-
-
-
(13,886)
-
57,261
-
(13,886) - (13,886) 57,261
(13,886)
470,075
-
789
(13,886)
470,864
57,261
413,603
456,189 789 456,978 470,864

Page 9

RSPCA Northamptonshire Branch Balance Sheet

at 31 December 2020

Charity No. 205377
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
Creditors:Amount falling due within one year
13
Net current assets
Total assets less current liabilities
Net assets excluding pension asset or liability
Total net assets
The funds of the charity
Restricted funds
14
Restricted income funds
Unrestricted funds
14
General funds
Reserves
14
Total funds
Approved by the trustees on 22 June 2021
2020
£
76,941
76,941
42,615
364,903
407,518
(27,481)
380,037
456,978
456,978
456,978
789
789
456,189
456,189
456,978
2019
£
99,066
99,066
38,666
362,817
401,483
(29,685)
371,798
470,864
470,864
470,864
789
789
470,075
470,075
470,864

And signed on their behalf by:

M. Topp Trustee 23 June 2021

Page 10

RSPCA Northamptonshire Branch Notes to the Accounts

for the year ended 31 December 2020

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 11

RSPCA Northamptonshire Branch Notes to the Accounts

Expenditure

Taxation

The charity is exempt from tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Motor vehicles 25%% reducing balance Animal pens 15%% reducing balance Furniture and equipment 15%% reducing balance

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Page 12

RSPCA Northamptonshire Branch Notes to the Accounts

2 Statement of Financial Activities - prior year

2
Statement of Financial Activities - prior year
Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Total
Expenditure on:
Raising funds
Charitable activities
Other
Total
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
3
Income from donations and legacies
Legacies and bequests
Appeals, donations and
subscriptions
Fundraising
Grants
Unrestricted
funds
2019
£
158,509
61,547
560,449
763
781,268
482,965
231,765
9,277
724,007
57,261
57,261
57,261
412,814
470,075
Unrestricted
£
10,230
22,565
45,769
149,411
227,975
Restricted
funds
2019
£
20,000
-
-
-
20,000
-
17,000
3,000
20,000
-
-
-
789
789
Total
2020
£
10,230
22,565
45,769
149,411
227,975
Total funds
2019
£
178,509
61,547
560,449
763
801,268
482,965
248,765
12,277
744,007
57,261
57,261
57,261
413,603
470,864
Total
2019
£
13,533
8,011
112,807
44,159
178,510

Page 13

RSPCA Northamptonshire Branch Notes to the Accounts

4 Income from charitable activities

Neutering subsidy
Adoptions
5
Income from other trading activities
Sales of donated goods
Rags income
Pet insurance commission
6
Income from investments
Bank interest
7
Expenditure on raising funds
Fundraising trading costs
Rent, rates, light, heat,
power and premises
insurance
Staff costs
Repairs and maintenance
Other expenses
Unrestricted
£
4,313
45,018
49,331
Unrestricted
£
327,920
19,132
6,068
353,120
Unrestricted
£
192
192
Unrestricted
£
139,220
154,286
20,530
48,794
362,830
Total
2020
£
4,313
45,018
49,331
Total
2020
£
327,920
19,132
6,068
353,120
Total
2020
£
192
192
Total
2020
£
139,220
154,286
20,530
48,794
362,830
Total
2019
£
16,422
45,125
61,547
Total
2019
£
514,982
41,397
4,069
560,448
Total
2019
£
763
763
Total
2019
£
140,015
250,250
30,242
62,458
482,965

Page 14

RSPCA Northamptonshire Branch Notes to the Accounts

8 Expenditure on charitable activities

Expenditure on charitable
activities
Rent, rates, light, heat,
power and premises
insurance
Staff costs
Repairs and maintenance
Other expenses
Grants made
Governance costs
9
Other expenditure
Legal fees
Fundraising expenditure
(from restricted funds)
Fundraising expenditure
Employee costs
Premises costs
General administrative costs
Legal and professional costs
10 Staff costs
Salaries and wages
Social security costs
Pension costs
No employee received emoluments in excess of £60,000.
Unrestricted
£
43,518
73,275
1,631
31,869
53,111
203,404
Unrestricted
£
-
-
-
57,127
1,577
11,543
8,023
78,270
10,490
41,132
4,875
56,497
Total
2020
£
43,518
73,275
1,631
31,869
53,111
203,404
Total
2020
£
-
-
-
57,127
1,577
11,543
8,023
78,270
Total
2019
£
16,675
37,523
3,006
37,030
149,657
243,891
Total
2019
£
8,737
3,000
540
4,874
-
-
-
17,151
-
-
4,874
4,874

The average monthly number of full time equivalent employees during the year was as follows:

All staff 2020
Number
17
17
2019
Number
17
17

13 (2019 - 13) of the above employees participated in the Defined Contribution Pension Scheme

Page 15

RSPCA Northamptonshire Branch Notes to the Accounts

11 Tangible fixed assets

11 Tangible fixed assets
Land and
buildings
£
Cost or revaluation
At 1 January 2020
49,773
Additions
-
At 31 December 2020
49,773
Depreciation and
impairment
At 1 January 2020
21,008
Depreciation charge for the
year
7,466
At 31 December 2020
28,474
Net book values
At 31 December 2020
21,299
At 31 December 2019
28,765
12 Debtors
VAT recoverable
Prepayments and accrued income
13 Creditors:
amounts falling due within one year
Trade creditors
Other taxes and social security
Other creditors
Accruals and deferred income
Motor
vehicles
Animal pens Furniture
and
equipment
£
73,164
668
73,832
37,128
5,917
43,045
30,787
36,036
Total
£
193,901
668
£
49,396
-
49,396
23,136
7,409
30,545
18,851
26,260
£
21,568
-
21,568
13,563
2,001
15,564
6,004
8,005
2020
£
26,797
15,818
42,615
2020
£
16,446
5,478
1,474
4,083
27,481
194,569
94,835
22,793
117,628
76,941
99,066
2019
£
22,584
16,082
38,666
2019
£
16,611
-
8,492
4,582
29,685

Page 16

RSPCA Northamptonshire Branch Notes to the Accounts

14 Movement in funds

Restricted funds:
Restricted income funds:
Total
Unrestricted funds:
General funds
Revaluation Reserves:
Total funds
15 Analysis of net assets between funds
Fixed assets
Net current assets
16 Reconciliation of net debt
Cash and cash equivalents
Net debt
At 1 January
2020
789
789
470,075
470,864
At 1 January
2020
£
Incoming
resources
(including
other
gains/losses
)
£
-
-
630,618
630,618
Cash flows
£
Resources
expended
£
-
-
(644,504)
(644,504)
Unrestricted
funds
£
76,941
380,037
456,978
New
HP/Finance
leases
£
At 31
December
2020
£
789
789
456,189
456,978
Total
£
76,941
380,037
456,978
At 31
December
2020
£
362,817 2,086 364,903
362,817
362,817
2,086
2,086
-
-
364,903
364,903

Page 17

RSPCA Northamptonshire Branch Notes to the Accounts

17 Commitments

Operating lease commitments

Annual commitments under non-cancellable operating leases are as follows:

Operating leases with expiry date:
Within one year
In the second to fifth years inclusive
Pension commitments
The pension cost charge to the charity
amounted to:
2020
Land and
buildings
£
113,016
222,432
335,448
2020
Other
£
-
-
-
2020
£
4,875
2019
Land and
buildings
£
131,472
224,716
356,188
2019
Other
£
-
-
-
2019
£
4,874

Page 18

RSPCA Northamptonshire Branch Detailed Statement of Financial Activities

for the year ended 31 December 2020

Income and endowments from:
Donations and legacies
Legacies and bequests
Appeals, donations and subscriptions
Fundraising
Grants
Charitable activities
Neutering subsidy
Adoptions
Other trading activities
Sales of donated goods
Rags income
Pet insurance commission
Investments
Bank interest
Total income and endowments
Expenditure on:
Costs of other trading activities
Rent, rates, light, heat, power and premises
insurance
Staff costs
Repairs and maintenance
Other expenses
Total of expenditure on raising funds
Charitable activities
Rent, rates, light, heat, power and premises
insurance
Staff costs
Repairs and maintenance
Other expenses
Grants made
Unrestricted
funds
2020
£
10,230
22,565
45,769
149,411
227,975
4,313
45,018
49,331
327,920
19,132
6,068
353,120
192
192
630,618
139,220
154,286
20,530
48,794
362,830
362,830
43,518
73,275
1,631
31,869
53,111
203,404
Total funds
2020
£
10,230
22,565
45,769
149,411
227,975
4,313
45,018
49,331
327,920
19,132
6,068
353,120
192
192
630,618
139,220
154,286
20,530
48,794
362,830
362,830
43,518
73,275
1,631
31,869
53,111
203,404
Total funds
2019
£
13,533
8,011
112,807
44,159
178,510
16,422
45,125
61,547
514,982
41,397
4,069
560,448
763
763
801,268
140,015
250,250
30,242
62,458
482,965
482,965
16,675
37,523
3,006
37,030
149,657
243,891

Page 19

RSPCA Northamptonshire Branch Detailed Statement of Financial Activities

Total of expenditure on charitable activities
Other expenditure
Legal fees
Fundraising expenditure (from restricted
funds)
Fundraising expenditure
Employee costs
Salaries/wages
Employer's NIC
Pension costs
Staff training
Premises costs
Rent
General administrative costs, including
depreciation and amortisation
Depreciation of Motor vehicles
Depreciation of Animal pens
Depreciation of Furniture and equipment
General insurances
Postage and couriers
Software, IT support and related costs
Stationery and printing
Subscriptions
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Audit/Independent examination fees
Accountancy and bookkeeping
Solicitor's fees
Other legal and professional costs
Total of expenditure of other costs
Total expenditure
Net gains on investments
Net (expenditure)/income
Net (expenditure)/income before other
gains/(losses)
Other Gains
203,404
-
-
-
-
10,490
41,132
4,875
630
57,127
1,577
1,577
-
-
-
890
325
2,328
1,602
300
1,598
4,500
11,543
4,200
2,025
1,238
560
8,023
78,270
644,504
-
(13,886)
(13,886)
-
203,404
-
-
-
-
10,490
41,132
4,875
630
57,127
1,577
1,577
-
-
-
890
325
2,328
1,602
300
1,598
4,500
11,543
4,200
2,025
1,238
560
8,023
78,270
644,504
-
(13,886)
(13,886)
-
243,891
8,737
3,000
540
12,277
-
-
4,874
-
4,874
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
17,151
744,007
-
57,261
57,261
-

Page 20

RSPCA Northamptonshire Branch Detailed Statement of Financial Activities

Net movement in funds
Reconciliation of funds:
Total funds brought forward
,
7
8
9
Total funds carried forward
,
7
8
9
(13,886)
-
-
(13,886)
470,864
456,978
57,261
413,603
470,864

Page 21

RSPCA Northamptonshlre Branch Trustee5 Annual Report The Trustees are responsible for keeping proper accountlng records that dlsclose wlth reasonable accuracy at any time the financial position of the charity and to enab5e them to ensure that the financial statements comply with the Charities Art 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also re5ponslble for safeguarding the asset5 of the charity and hence taking re350nable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the charity's trustees M. Topp Trustee 23 June 2021 C¥W-oL ￿￿ouG-1.

RSPCA Northamptonshire Branch Balance Sheet at 31 December 2020 Charity No. 205377 2020 2019 Flxed assets Tangible assets li 76,941 76,941 99,066 99,066 Current assets Debtors Cash at bank and in hand 12 42,615 364,903 407,518 127.4811 380,037 38.666 362,817 401,483 129,685} Creditors. Amount falling due within one year NetLurrent assets 13 371,798 Total assets less current Ilabllltles 456,978 470,864 Net assets excluding pension asset or liablllty 456,978 470,864 Total net assets 456,978 470,864 The funds of the charlty Restricted funds Restricted income funds 14 789 789 789 789 Unrestricted funds 14 General funds 456,189 470,075 456,189 470,075 Re5erve5 14 Total funds 456,978 470,864 Approved by the trustees on 22 June 2021 And slgned on their behalf by- M.Topp Trustee 23 June 2021 ftfLO i_. Ci4Prii of TF_LIS I &ES.