## **RSPCA Northamptonshire Branch**
**Charity No. 205377**
**Trustees' Report and Unaudited Accounts**
**31 December 2023**
**RSPCA Northamptonshire Branch Contents**
||Pages|
|---|---|
|Trustees' Annual Report|2 to 7|
|Independent Examiner's Report|8|
|Statement of Financial Activities|9|
|Balance Sheet|10|
|Statement of Cash flows|11 to 20|
|Notes to the Accounts|21|
|Detailed Statement of Financial Activities|22 to 24|
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 2023.
## **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:
## C. Lent
M. Duester
C. Dugmore
L. Hart
S. Morton
L. Shegog
S. Stell
## **Key Management Personnel**
Chair Carol Lent Chief Executive Officer Richard Burns Animal Centre Manager Dawn Smith Retail Area Manager Lynne Wayland
## **Accountants**
Cavanagh Hobden 20 Gustard Wood Wheathampstead AL4 8RP
## **Bankers**
Barclays Bank Plc 1234 Pavilion Drive Northampton NN4 7SG
## **Solicitors**
DW Solicitors 262A Wellingborough Road Northampton NN1 4EJ
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, with a seventh retail outlet opening in 2024. This year has seen a significant increase in the number of animals surrendered by their owners due to changes in circumstances.
## 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 £998,235, increasing from £844,486 in 2022. This was largely the result of the an increase in trading income and an increase in legacies received.
Total resources expended in the year was £994,877 (2022: £821,554).
There was a surplus for the year of £3,358 (2022: £22,932). At 31 December 2023 total funds stand at £426,739, of which £789 is restricted, (2022: £424,170 of which £789 was restricted). There were no movements on the restricted fund during the year.
£57,186 of the unrestricted fund is represented by 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 within the community. 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 through the Hubs, currently established in Rushen. The Hub has provided food to animal owners through the Pet food bank and has worked with established food banks across the county to help a wider range of animals. There are plans for a second Hub to be opened in Daventry to introduce the people of Daventry to the work of the Branch.
## Activities planned to achieve aims
The charity hopes to expand upon its current facilities with the ultimate aim to open an Animal Centre. It is currently working with local business providers and the Lord Lieutenant of Northamptonshire to generate financial support so than an animal centre can be established 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.
Page 4
**RSPCA Northamptonshire Branch Trustees Annual Report**
## 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.
## 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
C. Lent Trustee 10th June 2024
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 financial statements of RSPCA Northamptonshire Branch for the year ended 31 December 2023.
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's financial statements 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 FCCA.
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:
- the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true 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 to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Teresa Cavanagh FCCA Cavanagh Hobden 20 Gustard Wood Wheathampstead
10th June 2024
Page 8
**RSPCA Northamptonshire Branch Statement of Financial Activities**
## **for the year ended 31 December 2023**
|**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 income**
Transfers between funds
**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**||**Unrestricted**
**funds**|**Restricted**
**funds**|**Total funds**|**Total funds**|
|---|---|---|---|---|---|
|||**2023**|**2023**|**2023**|**2022**|
|||**£**|**£**|**£**|**£**|
|||||||
|||206,807|-|206,807|186,771|
|||35,470|-|35,470|37,926|
|||754,197|-|754,197|619,563|
|||1,761|-|1,761|226|
|||998,235|-|998,235|844,486|
|||||||
|||636,206|-|636,206|520,059|
|||260,881|-|260,881|226,509|
|||97,790|-|97,790|74,986|
|||994,877|-|994,877|821,554|
|||-|-|-|-|
|||3,358|-|3,358|22,932|
|||-|-|-|-|
|||3,358|-|3,358|22,932|
|||||||
|||3,358|-|3,358|22,932|
|||||||
|||423,381|789|424,170|401,238|
|||426,739|789|427,528|424,170|
|||||||
|||||||
|||||||
Page 9
**RSPCA Northamptonshire Branch Balance Sheet**
## **at 31 December 2023**
|**Charity No. 205377**
**Fixed assets**
Intangible assets
12
Tangible assets
13
**Current assets**
Debtors
14
Cash at bank and in hand
**Creditors:**Amount falling due within one year
15
**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**
16
Restricted income funds
**Unrestricted funds**
16
General funds
**Reserves**
16
**Total funds**|**2023**
**£**
5,756
51,430
57,186
36,257
380,926
417,183
(46,841)
370,342
427,528
427,528
427,528
789
789
426,739
426,739
427,528|**2022**
**£**
5,756
58,870|
|---|---|---|
|||64,626
40,279
373,116|
|||413,395
(53,851)|
|||359,544
424,170|
|||424,170|
|||424,170|
|||789|
|||789
423,381|
|||423,381|
|||424,170|
Approved by the trustees on 31 December 2023
And signed on their behalf by:
C. Lent Trustee 20th June 2024
Page 10
**RSPCA Northamptonshire Branch Notes to the Accounts**
## **for the year ended 31 December 2023**
- 1 **Accounting policies**
## **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**
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with Where income has related expenditure the income and related expenditure is related reported gross in the SoFA. expenditure Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
- Volunteer help The value of any volunteer help received is not included in the accounts. Investment This is included in the accounts when receivable. income Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of at the end of the year. fixed 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**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable services in the furtherance of its objects, including the making of grants and activities governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.
## **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:
|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**
## **Leased assets**
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
Page 13
**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
4
**Income from charitable activities**
Adoptions|**Unrestricted**
**funds**
**2022**
**£**
186,771
37,926
619,563
226
844,486
520,059
226,509
74,986
821,554
22,932
22,932
22,932
400,449
423,381
**Unrestricted**
**£**
126,822
35,388
44,597
-
206,807
**Unrestricted**
**£**
35,470
35,470|**Restricted**
**funds**
**2022**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
789
789
**Total**
**2023**
**£**
126,822
35,388
44,597
-
206,807
**Total**
**2023**
**£**
35,470
35,470|**Total funds**
**2022**
**£**
186,771
37,926
619,563
226|
||||844,486
520,059
226,509
74,986|
||||821,554|
||||22,932|
||||22,932|
||||22,932
401,238|
||||424,170|
||||**Total**
**2022**
**£**
123,761
26,575
30,185
6,250|
||||186,771|
||||**Total**
**2022**
**£**
37,926|
||||37,926|
Page 14
**RSPCA Northamptonshire Branch Notes to the Accounts**
## 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**
_Costs of generating_
_voluntary income_
Legacies and bequests
_Fundraising trading costs_
Sales of donated goods
Rags income
Pet insurance commission
8
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
Neutering subsidy
Adoptions
Grants made
_Governance costs_|**Unrestricted**
**£**
728,313
16,633
9,251
754,197
**Unrestricted**
**£**
1,761
1,761
**Unrestricted**
**£**
44,802
158,974
335,938
23,364
73,128
636,206
**Unrestricted**
**£**
22,641
118,802
26
17,416
101,996
260,881|**Total**
**2023**
**£**
728,313
16,633
9,251
754,197
**Total**
**2023**
**£**
1,761
1,761
**Total**
**2023**
**£**
44,802
158,974
335,938
23,364
73,128
636,206
**Total**
**2023**
**£**
22,641
118,802
26
17,416
101,996
260,881|**Total**
**2022**
**£**
593,184
17,977
8,402|
|---|---|---|---|
||||619,563|
||||**Total**
**2022**
**£**
226|
||||226|
||||**Total**
**2022**
**£**
-
134,944
265,759
17,226
102,130|
||||520,059|
||||**Total**
**2022**
**£**
20,398
101,197
285
17,103
87,526|
||||226,509|
Page 15
**RSPCA Northamptonshire Branch Notes to the Accounts**
## 9 **Other expenditure**
|Employee costs
Motor and travel costs
General administrative
costs
Legal and professional costs|**Unrestricted**
**£**
60,555
6,300
13,038
17,897
97,790|**Total**
**2023**
**£**
60,555
6,300
13,038
17,897
97,790|**Total**
**2022**
**£**
49,101
3,660
11,191
11,034|
|---|---|---|---|
||||74,986|
## 10 **Trustee remuneration and expenses**
||**2023**|**2022**|
|---|---|---|
||**Number**|**Number**|
|The nature of the reimbursed expenses|No trustees were renumerated or paid expenses during the||
||year||
## 11 **Staff costs**
|**Staff costs**|||
|---|---|---|
|Salaries and wages
Social security costs
Pension costs|**2023**
54,813
4,501
1,241
60,555|**2022**
43,827
4,146
1,128|
|||49,101|
No employee received emoluments in excess of £60,000.
The average monthly number of full time equivalent employees during the year was as follows:
|All staff|**2023**
**Number**
25
25|**2022**
**Number**
22|
|---|---|---|
|||22|
25 (2022 - 22) of the above employees participated in the Defined Contribution Pension Scheme
## 12 **Intangible fixed assets**
|**Cost**
At 1 January 2023
At 31 December 2023
**Net book values**
At 31 December 2023
At 31 December 2022|**Other**
**£**
5,756
5,756
5,756
5,756|**Total**
**£**
5,756|
|---|---|---|
|||5,756|
|||5,756|
|||5,756|
Page 16
**RSPCA Northamptonshire Branch Notes to the Accounts**
## 13 **Tangible fixed assets**
|13 **Tangible fixed assets**|||||
|---|---|---|---|---|
|**Land and**
**buildings**
**£**
**Cost or revaluation**
At 1 January 2023
49,773
Additions
-
At 31 December 2023
49,773
**Depreciation and**
**impairment**
At 1 January 2023
34,384
Depreciation charge for the
year
2,308
At 31 December 2023
36,692
**Net book values**
At 31 December 2023
13,081
At 31 December 2022
15,389
14 **Debtors**
Trade debtors
VAT recoverable
Prepayments and accrued income
15 **Creditors:**
amounts falling due within one year
Trade creditors
Other taxes and social security
Accruals|**Motor**
**vehicles**|**Animal pens**|**Furniture**
**and**
**equipment**
**£**
80,000
2,495
82,495
53,515
4,740
58,255
24,240
26,485|**Total**
**£**
200,737
2,495|
||**£**
49,396
-
49,396
35,777
2,043
37,820
11,576
13,619|**£**
21,568
-
21,568
18,191
844
19,035
2,533
3,377
**2023**
**£**
11,251
-
25,006
36,257
**2023**
**£**
54,134
(12,093)|||
|||||203,232|
|||||141,867
9,935|
|||||151,802|
|||||51,430|
|||||58,870|
|||||**2022**
**£**
-
11,256
29,023|
|||||40,279|
|||||**2022**
**£**
49,151
-|
|||4,800||4,700|
|||46,841||53,851|
Page 17
**RSPCA Northamptonshire Branch Notes to the Accounts**
## 16 **Movement in funds**
|**Restricted funds:**
**Restricted income funds:**
_Total_
**Unrestricted funds:**
**General funds**
**Total funds**
17 **Analysis of net assets between funds**
Fixed assets
Net current assets
18 **Reconciliation of net debt**
Cash and cash equivalents
Net debt|**At 1 January**
**2023**
789
789
423,381
424,170|**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**
-
-
998,235
998,235
**Unrestricted**
**funds**
**£**
57,186
369,553
426,739
**At 1 January**
**2023**
**£**|**Resources**
**expended**
**£**
-
-
(994,877)
(994,877)
**Restricted**
**funds**
**£**
-
789
789
**Cash flows**
**£**|**At 31**
**December**
**2023**
**£**
789|
|---|---|---|---|---|
|||||789|
|||||426,739|
|||||427,528|
|||||**Total**
**£**
57,186
370,342|
|||||427,528|
|||||**At 31**
**December**
**2023**
**£**|
|||373,116|7,810|380,926|
|||373,116
373,116|7,810
7,810|380,926|
|||||380,926|
||||||
Page 18
**RSPCA Northamptonshire Branch Notes to the Accounts**
## 19 **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:|**2023**
**Land and**
**buildings**
**£**
62,267
196,375
258,642|**2023**
**Other**
**£**
-
-
-
**2023**
**£**
9,694|**2022**
**Land and**
**buildings**
**£**
72,100
289,542
361,642|**2022**
**Other**
**£**
-
-|
|---|---|---|---|---|
|||||-|
|||||**2022**
**£**
7,319|
Page 19
**RSPCA Northamptonshire Branch Notes to the Accounts**
20 **Related party disclosures**
|**Related party disclosures**||||
|---|---|---|---|
|||**2023**|**2022**|
|**_Transactions with related_**|**_parties_**|**£**|**£**|
|_Name of related party_|The RSPCA Central/Headquarters|||
||The RSPCA Central/Headquarters provides|||
||income to The RSPCA Northamptonshire|||
||branch in the form of central funding|||
|_Description of relationship_|allocation and the distribution of allocated|||
|_between the parties_|legacies.|||
||Allocation of central funding income for the|||
|_Description of transaction_|year was £27,357. Legacies received via|||
|_and general amounts_|RSPCA Central/Headquarters in the year were|||
|_involved_|in the sum of £130,602.|||
|_Name of related party_|The RSPCA Central/Headquarters|||
||The RSPCA Northamptonshire Branch pay The|||
||RSPCA Central/Headquarters for the supply of|||
|_Description of relationship_|insurances, animal related supplies and for|||
|_between the parties_|the support fundraising activities.|||
||The amount paid to The RSPCA|||
||Central/Headquarters for the supply of|||
||insurances in the year was in the sum of £660.|||
||The amount paid to The RSPCA|||
||Central/Headquarters for animal related|||
||supplies for the year was in the sum of £334.|||
||The amount paid to The RSPCA|||
|_Description of transaction_|Central/Headquarters for the support of|||
|_and general amounts_|fundraising activities in the year was in the|||
|_involved_|sum of £241.|||
|_Amount due from/(to) the_|_related party_|334|721|
Page 20
**RSPCA Northamptonshire Branch Statement of Cash flows for the year ended 31 December 2023**
|**Cash flows from operating activities**
**Net income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
Decrease/(Increase) in trade and other receivables
(Decrease)/Increase in trade and other payables
**Net cash provided by operating activities**
**Cash flows from investing activities**
Payments for property, plant and equipment
Dividends, interest and rents from investments
**Net cash used in investing activities**
**Net cash from financing activities**
**Net increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**|**2023**
**£**
3,358
9,935
(1,761)
4,022
(7,010)
8,544
(2,495)
1,761
(734)
-
7,810
373,116
380,926|**2022**
**£**
22,932
11,506
(226)
(6,084)
21,087|
|---|---|---|
|||49,215
(5,651)
226|
|||(11,181)|
||||
|||-|
||||
|||38,034|
|||335,082|
|||373,116|
||||
|**Components of cash and cash equivalents**|||
|Cash and bank balances|380,926|373,116|
||||
||380,926|373,116|
Page 21
**RSPCA Northamptonshire Branch Detailed Statement of Financial Activities**
## **for the year ended 31 December 2023**
|**Income and endowments from:**
Donations and legacies
Legacies and bequests
Appeals, donations and
subscriptions
Fundraising
Grants
Charitable activities
Adoptions
Other trading activities
Sales of donated goods
Rags income
Pet insurance commission
Investments
Bank interest
**Total income and endowments**
**Expenditure on:**
Costs of generating donations and
legacies
Legacies and bequests
Costs of other trading activities
Sales of donated goods
Rags income
Pet insurance commission
**Total of expenditure on raising**
**funds**
Charitable activities
Neutering subsidy
Adoptions|**Unrestricted**
**funds**
**2023**
**£**
126,822
35,388
44,597
-
206,807
35,470
35,470
728,313
16,633
9,251
754,197
1,761
1,761
998,235
44,802
44,802
158,974
335,938
23,364
73,128
591,404
636,206
22,641
118,802
26
17,416|**2023**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total funds**
**2023**
**£**
126,822
35,388
44,597
-
206,807
35,470
35,470
728,313
16,633
9,251
754,197
1,761
1,761
998,235
44,802
44,802
158,974
335,938
23,364
73,128
591,404
636,206
22,641
118,802
26
17,416|**Total funds**
**2022**
**£**
123,761
26,575
30,185
6,250|
|---|---|---|---|---|
|||||186,771|
|||||37,926|
|||||37,926|
|||||593,184
17,977
8,402|
|||||619,563|
|||||226|
|||||226|
|||||844,486
-|
|||||-|
|||||134,944
265,759
17,226
102,130|
|||||520,059|
|||||520,059
20,398
101,197
285
17,103|
Page 22
## **RSPCA Northamptonshire Branch Detailed Statement of Financial Activities**
|Grants made
**Total of expenditure on charitable**
**activities**
Employee costs
Salaries/wages
Employer's NIC
Pension costs
Motor and travel costs
Travel and subsistence
Business mileage costs
reimbursed
General administrative costs,
including depreciation and
amortisation
Depreciation of Motor vehicles
Depreciation of Animal pens
Depreciation of Furniture and
equipment
Bank charges
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
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net income**
**Net income before other**
**gains/(losses)**
Other Gains|101,996
260,881
260,881
54,813
4,501
1,241
60,555
452
5,848
6,300
-
-
-
209
1,015
81
929
2,228
-
29
8,547
13,038
-
17,897
17,897
97,790
994,877
-
3,358
3,358
-|-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|101,996
260,881
260,881
54,813
4,501
1,241
60,555
452
5,848
6,300
-
-
-
209
1,015
81
929
2,228
-
29
8,547
13,038
-
17,897
17,897
97,790
994,877
-
3,358
3,358
-|87,526|
|---|---|---|---|---|
|||||226,509|
|||||226,509
43,827
4,146
1,128|
|||||49,101|
|||||-
3,660|
|||||3,660|
|||||-
-
-
43
40
219
302
1,544
110
84
8,849|
|||||11,191|
|||||4,200
6,834|
|||||11,034|
||||||
|||||74,986|
|||||821,554
-|
|||||22,932|
|||||22,932
-|
Page 23
## **RSPCA Northamptonshire Branch Detailed Statement of Financial Activities**
|**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|3,358
423,381
426,739|-
789
789|3,358
424,170
427,528|22,932|
|---|---|---|---|---|
|||||401,238|
|||||424,170|
Page 24