REGISTERED CHARifY NUMBER: 2058S8 of the Trustees and Inanclal Mlntshr tht Year Ended 31 December 2024 8rl l AnÈrn ue Cebrtre Dunklevs Statutory Audttor Chartered Accountants Woodlands Grange Woodlands Lane 8radleyStoke BS32 4JY Atrl l Rescue Contèrits of the Flnan En ial Statements Report of the Trustees i to io Report of th kHlependent Au¢lltors 11 to 13 Statement of FIMn¢lal Activities 14 Balano Sheet 15 Cash Flow Stst•ment 16 Notes to the Cath Flow Staterne 17 Notesto the Fimncial Statements 18 to 30 Detsiled Statementof Flnanoal 31 to 32 Bristol Animal Rexue Centre oltheTFV5tees forthe Year Ended 31 December 2024 The trustee5 present thelr rewrt vlth the flnancial Statements of the charity for the year ended 31 December 2024. The trustee5 have adopted the provisions of Acccuntin8 Reportin8 by Charftles.. Staterneryt of Recommended Practice applicable to charities preparing their accounts it) a¢¢ordance wf(h the Flnancial Reportlng Standard appllcable in the UK and Republic of Ireland IFRS 1021 leffective I January 20191. OBJEcrniESANDAcThvmES Objectlvos and a5ms The oblett of the n3tional So¢iety rrhe Royal Society for the Pre¥entlon of Cruelty to Anlmalsl ls'to ensure animals have a Bood lrfe by rescuing and caring lor tho* in Treed. by advocati￿ on behalf of all animals and by Inspiring everyone to rreai them wtth cornpassion and respect." The Misslon Staternent of our Branch is based upon the Soclety's object and is.. To ensure animals in need in our Community receive the compassion. care and respect they deserve. We are committed to helpin& heèllns and homing animals for as long as they need us. The objects of our linked ¢harlty, the Bristol Dogs and Cats Home are 'to promote kindness and prevent cruelty to anirnals bv establishing and malntainlnB upon the land specified in the schedule hereto or UKX)n otheT land in or near the Clty of Br￿01 a home. h05Pit31 orclinic fordo8s, rats and otherdomestic animals in need of tare or medical atterfion." Our current strategy that tover5 the periDd from 2023-27 detai15 the overarching goals and key activities to achleve them. Pa8e I Br￿ Anlmol Rts¢ue Centre Re rt of theTrustees forthe Year Ended 31 December 2024 ACHIEVEMENT ANO PERFORMANCE The charity hascot)tinued to progre55 towards its strate8lc aims as Set out in the 2023-27 5trateBy. Anlmals and Ourth￿rn￿0ty To support our animal operatlons we recruited a new HEad of Animal OFeratlons In May lo IEad the delivery of our animal care, educatlon and outrÈath goals alongside ourstraieglc cllnit work. Within the 8nlmal home Comparisons wlth 2023 have beerb Positive de$p6ie significantthallenges in staff recrultment and retentitsn. Qur new fosterlng scheme launched In February to provide temporaryi lovin8 homes for anlmals identifiod as.. not CDpin8 In the kennel environment, elderly. youn& or orphaned animals whllst they undergo rehabilitatlon. The benefrts to the anirn31s in the foster scheme ha5 been remarkable, with 57 re8iStered fostercarer5 and 94 anlmals who have used the 5cherne. A new Integr￿ed rnarkettng approach between the rehoming and marketin8team ha5 seen a slgnlftcani improvement in adoptlon Trtes and our longest stsy dog was adopted at the end of 2024. At year end we didn't have any do8S at the rescue centre who had been with the charity for longer than 6 month5 which is an out4andinB athlevement. Changes to the Charity rehomin8 guidelines have also madE l e¥sierto adopt from us. along with improvements to our online 5i8npcsting and InfomiatS0n. Anlmal home-anlmabf•red tor In 2024 Other anlmals 57 2.142 38 Cats 289 12.131 159 Rabbits 21 1,344 Totsl 697 25,983 295 AnSMals taken into rare Days care pro¥lded Rehom¢d* 330 10.366 91 Note.. The nurnber of animals rehomed (to new homes) Is only a proportion of total anlmals takeh in a5 many are strays that a returned io owner or occ8slonalty we transler some anlmals to other partner organisatl¢ns, 6f for example they would beneflt from a new rehoming audience o¥ need 5pecrfic facilit￿$ th8t we are unable to provlde. Where the number rehomed Is higherthan the Intake number it 15 because we started the year with a number of animals in our Ca￿ already. To support public edu￿tIOn we continued our cornmuThi￿tK)ns lampaig￿ around rnicrochlpping laws. Specifical￿ for cats. to grow awareness In the ￿810n. In 2024 we corrtinued our outreach programme delnierfjng over 2.2C*J welfzre consukatK)ns to ovmers who were struggling financially. In additlon to f￿e ènd bw-cost health care. our outreach clinics provided a vital source of inforniation and education, as V￿11 as being a carin8 and supportive source of advice for pet owners, including onward referrals to local food banks and other sources of financial support. Althouch 51i8htty down prevsou5 years numbers recorded, thi5 was due to a change In the way we now report nurnbers Irb Outreach In order to all8n with anlmal home stst15tlC5 and we expe¢tthi5 tD grow ￿gnifICant1¥ in 2025. Outlinin8 our public benefit we delivered f￿ cat microchiF*)ing and n¢uterin8 events to low Income households wh￿h toThtrlbuted to the charity eKceediThg ourcat Theutering taraet, deliverin8492 throughout 2024. Rabbit neuterlng ¢ontlnued throu8hgur the year as dlnic referrals through our ￿treach work. deliverln8 19 neuters and numerous further health eheck5. Last year. Bristol A.R.C. delivered over 100 vaccinations to animals o11ow income pet owner5 5truggliryg to pay for the cost OF keepln8 their anima15 healthy. contlnulng ouf public benefit and worklng In partnership with ihe Bristol Paws project at the University of Bristol, who also provide lnimal health check5. These appolntments fiot On￿ kept the animals healthy, but also reduced the financial Strain on pet owners, preventing the need for them to relinquish their animals, keeping them in their homes. InteBratin8 Wlth our fundraislng team, in 2024 the tharhy delivered a number of talk5 to local schools promotin8 the value ol re5pon5ible pet ownership and animèl welfare in the COMMUn￿ty. These talks not onty roised awareness of the charity and its work, but a150 helped to foster a future community ol future pot owners and svpporters that ￿lue animal welfare. Pa8e 2 PrSstol Animal Rescue Cenlre R• rt of the Trnstees lorthe Year Ended 31 De￿mberIo24 CllnlcA¢tivity Summary for 2024 Atross the clinic work consultations Zs a total are up year on year, by Il% alongside neutering increase$. Notsbly there hzs been a sl8TrlfKant Increase In RSPCA inspectorate sUPPOrt hours In¢reayn8 across exam¢nath)n5 Ind reporting to 5UPPOrt our ￿rtnershIp working. There has been a notable drop In 24hrs inpatients due to Improvements In InteTnal processes. a ptrsitwe reflectlon of the fati that cats are moving overto the Anirnal Home ènd fosteT pl?cernents qulcker than previou5 years. Wildlife intske ha5 remained steady compared to 2023. but this Is a stabili5ation, followirvg years ol decline in intake. primartly related to OL•r openin8 hours and pandemic recovery (more people back at work compared to Ehe pandem1¢ years. when they were more lik¢ly to encountÈr Injured wildllfe and bring it in.) Tol*l to end Dec20241 (fi8 below Is to end Dec 20231 2,562/2,317 6391594 202 1215 3.839/4,625 2.20112,526 4731322 l.con5ultationslexamlnatyons IAII work types) 2.NeuteTin8 3.OtheT Surglcal procedure5 4. Inpètients per 24hrs IAII work typesl 5.Outrea¢h Cllnic exarnir+atsonslconsukation5 6.Microchippln8 7.RSPCA Inspectorate Support IExamiThatlonslReports/cc*Urt etc. Hours) 8.WildlrfeAdMlssions 29/7.5 2301224 To improve efficiency between our animal home and dinic operations the charity has procured Anllo& which t5 z new animal welfare software system to more seamlessly Integrate our daily anlmal tasks. The migration away from Robovet took plèce in the lasi quarter 012024 ready for the switchover In J3nu?ry 2025. Alongshle efficlency irnprovements between the home and cllnic the move also removes the need for servers to be $iluated on site and 2025 will see the charfty alm to rnove overfo a lully cloud based IT operation. People ar￿ Support To support our Staff, an engagement process was undertaken to better understand the needs of employees. whlth wa$ $upported by the rtrintroduction of siaff forum5, Wlth quarterly rneetin85 revlewlng a range of topics Iden￿fIed Sn post survey data. From this work Improvements were made to ihe induction programmes for both staff and voluntÈÈrs and ) business case was p tO8ether and approved éor a new cloud based HR software system to be irnplemented in the h.rst half of 2025. As well zs SUPPOrtiTh8 staff and managers In their HR proce&$25, the 50ftware wlll also allow for improved benchmarkin8 and monitoring. Through 2024 salary benchmarking and lob description alignment was also undertaken to give greater a55ur3nce around our pay and benefits as the chèrity continuesto look to support our staff oper3tlon. ro support volunteerlns programme volunteer inductions were revampod and new roles created to 5UPPOrt £ros$ 018anlsètion including contlnuing to support our fts5tering pro8r3mme. To irnprove volunteer cvrnmunication, data ha5 been cleansed and moved Into our new Donorfv system to give a more holistic view of our supporters. The ¢haritythanks its volunteEfs. 5UPPOrters and ¢orwrate partners who 8lve both the tirne and fundingto enable Brlstol Anlmal Rescue cent￿ to realise its strategsc aims. We would a150 like to Eive speciflc mentSon and thanks to our retiring Chair of Trustees, Jane Snow, for her tlreless work leadingthe charity throughout her tenure. Fundrai5iTri and tommunir4tion5 In March of 2024 the charity retruited 3 new Head of Fundraising and Comrnunications to start developin8 a new fundraisln8 Strategy io drive income and move to diversify from a hi8h reliance on legacles. There were also recruitments across the team includin8 a new mar*etin8and communications manager as a new team was de¥ek)ped. In a challengingfundraising enwronment driven by wider economic ur¢ertaihtythe charlty stlll finished the year with lundrai5ed income of £245K and £35K tsf Grft Aid. alon8skle E2.Im of legacy iKome- a tomblned total of £2.4m. tncome frcm appeèls increased by 51% with a more integrated 2pproath between marketin8 and fundrai%rvd. The strateey Continuès to focus OD recruitlng more regular donors to the ¢haritYi etther through srx>nsorln8 a dog kennel, cat cabin or Small animal Fod. or through pltylnK our weekly lottery. to secure rnore 5UStainatye and predlctable income relating indlvidual donatSon5 to tangible work or communityoutreach prograrnmes. Brlstol Anlmal Ro$cue Cerrtre rt ofthe Trustees forthe Year Ended 31 De¢ember 2024 Most signlfitantly Incorne from corporate partnershlps IrKreased by 163% with a renewed focus from OUT partnerships team and 2 plan has been put in place to build partnerships for both our animal and comfflunity work sourcing grant funding to compliment our work In 2025. We saw a lot of interest in corporate volunteeTing and mutually beneficial partnerships whlch led us to launth our new Business Patrons programme In January 2025. 2024 saw a dlp In our Communlty Fundrak5ins income whKh was attdbuted to fewer Brtstol A.R.C. organlsed events, le55 challenge event partlcipation and fewer third party fundralsers beiw orBanlsed. We have a new cornmunity fundraising strate8y in place to set thls In¢ome stream back in the right dlrectlon. to be led by a rthy Cornmunity FundraislTr8 Offlcer ln 2025. Fundraising expenditure was £31k under budEet which was largety attritrthed to underspend In salarles as vacancies remained open for lonBer in a challen8ing fundraising envlionment. Fundralslng Compllan¢ Wecontinue our comrnitment to worf(1ng￿th the Fundrèisinz Rezulatorand the Fundraising Preference Servlce IFPSI. Speeific assurance51Th response to current SORP requirements are provlded asfollows: Our fuThdraising approach Is based on the budgeted needs identified and approved by the 8oard of Trusiees at the be8innin8 of the rinarsclal year. We employ a small team ol professional fundraisers to delNer the iar8ets and initiatives set eath year. Each member of the te2m receives regular trainin8 In compliar￿e requlrements and fundr3i5ing standards. We pursue a variety of fundraising activitles throughout each twelve month perlod and seek to Involve suiiably trained voluntee15 in many aCtI￿7t1e$. We undertake public col￿tIons. run events. place collection tin5 in Ioc31 retail ouilet5 as well a5 running appeals and challenge activitles to raise funds ènd awareness for our cause. The rnajortty of our fuThds are recwved as legacles but we are seeklng to increase the PTOPOrtion of non legacy income. - We do not employ £ny third party fundraising agerKies or have actwities carrfed out on our behalf by wmmer¢lal parti¢iwors,' - We are not aware of any failures to comptywith fundraising standardsor related s¢heme5 of re8ulalion by u5 or ￿her5 actin8 on our behalf.. - We monitor fundraisinR actiwties by others in ald of oyr cause by erty￿￿n8 that everyoThe volunteerln8 to lundrzise for us does so'ln ald. tsf u5. Such fundraisers ère also 8lver> guidante on best fundraisinB practice, and supplled with a speclfi£ logo stating that thev are fundralslnE 'ln aid of Bristol A.R.C.' to Use wfjth any materia15 that they create. Dursn8 Street or bucket collettions, all voluntèers are Informed of the expected fundralslng behavloui and polities; - We received no complaints aboth our hJrMlrai5in8 artivities durin8 2024. We received suppresslon requests through the Fundrolsin8 Preference Service. None of ihe requesls were on any of our 5V5tems but all checks were carried out promptly across slte,. In order to protert vulnerable people with regard to our fundraisinq act4vitles all members Of our Fundraising and Comrnunications Team understsnd the reqolrements of the Instltute of FundralslTr8 Guldellnes on'Treating Donors Fairly, and this forrns part of new staff induubns. This inforrnation ha5 a￿0 been used to inform our pdity on vulnerable donors, and we sre monltorln8 the availability of furthertrainln8 OPPOrtuni(ies. PublSc bene16tststemeni Trustees have referred to the 8uidance contained in the Charlty Commission'$ 8eneral 8uidance on publlc beneflt when revlewing our charitable aims and objectives and in preparing the new Stiate8y. While Trustees believe that all activities to prevent cruelty to and enhante the wellbeing of animals also benefrtthe publit, they have identified the folbwlng actiwt*s in particular that demonstratE our commitment to public benefit.. al Providing free and IDW Cost veterlnary provisKJn. throu8h our outreach clinic5 and Theutering programmes. for those members of the publit who mieht otherwise find it difflcuh to èttess or pay for such serV￿e$. blTaking re5pon5ibility foranim8ls whose owners ale no loozer able to eare lorthem. cl Providin8 education, information and advice ro chlldren aNI adu￿5 on anlrnal welfare m3tter5. dl Working with Bristol City Council to provide ¢are and rehornin8 facilitiesfor stray dogs. el Supporting the RSPCA Inspectorate to help PÈDple and their pet5 in greatest need. n Providin8 volunteerin& corporate supporL and employThent opportunities. Pa8e 5 8ri5tol Anlmal R*stue Centre ¢1 the TTL￿eeS forthe Year Ended al December 2024 RIIANCIAL REVIEW Financial posltfjon Total In¢orne for the year was £2.7 million. a 72% increase compared to 2023 IEI.6 million). The Increa$e was predorninantlv due to Increased legacy Income- £2.1 million In 2024 compared to £l.I million in 2023. However, thls is Ilkely to be a one￿ff increase. due to a catch up on probate5 following Covld-19 delays. Donatlon Income increased by Il% to £245K whi£h wa5 driven by a 163% increase In corporate lundraising13dditional £18KI and an inc￿35* of £22K in restricted appeals. Wlth reeruitment challenges In the team 2024 Saw a reduction in TNJst and FouThdation appllcati0Trs whlch resulted in less grants awarded income Idown £12KI but new source ènd locus should see a 5iEnificant increase 2025. other income frorn tharftable actlvitle5 saw a significant Increase in r￿enue frDm the Bristol Dog Warden ¢oxtract 8eneratin8 £93K. an Increase 0164% and through RSPCA Income lintrease £19KI. There was a 5tnall increase in znimal adDPtlon In¢ome1£4KI and static clinic revenues year on year. This contrSbuted to an overall Increased income from charltable actlvltles vf £57K. Other trading adlvitv grew £14K drwen byan elevated retail performance. Expendlture increased by Il% to £1.9 million l£1.7 million in 20231. The increase was partly Sn relaifjon to staff cost5 due to inCrea￿S in minimum wage and the recruitment of a new section head to improve both operational and revenue performante over the near term. This saw staff costs increase by £182K IIS%I. Prefflise5 and maiTrtenarKe costs a150 account for increase$ 130%) and a 8rowth in tralning supporting staff developmeTrt1£6K increasel. Our overall portfolio market value at the year.end had grown in values, driven by St￿ngthen￿n8 rnarkets. The performance of the )rtfoliogenerated an income of £48k1£43k- 20231. Overall. the net position for the yearwa5 a £937k surplus12023- £29K defKitl driven largely by the performance of legacy income but also Improvements In our fundraislne delivery. However with uKertainty around le8acy fwures there is a contlnued emphas15 on hed8in8 through re211slng other Income Stream attivity. In¥e5trnent polky The trustees wlsh to pursue an investment SlrateEY ol diversifled assets predorninately IncludlTr8 government and other I￿ed interest se¢uritie5, UK and overseas share5, property and cash deposits, but not excluding alternative investments that may use derivatives for hedging purposes. prlvate equity, commoditles and fO￿l8n rurrencies. ProvidiDB an income from the deslgnated investments is a primary objective for wpplemenling the charlty's other SoU￿eS of Income. The capital value of the investment portFolio should be maintained in real tertn5. after 3llowin8 for the effects of Inflatv)n, over the medium to long term. cornmen5urate with the level of risk thetrnstees deem necessary in achievlnB these objertNe5. The Investment Manager is required to provlde half yearly reports io include.. portfolio valuation of 311 invesbnents held. detailed transaction and income statements. investment re¥￿eW and commentary. Each year, statements provide 2¢tountinB Information of all tax dedurted from income received. Additional￿, each year the Investment Manager presents thelr Investrnent pvrtfolio review to ihe trustees and ad hoc valuation5 are available upon request with electronlc versions online. The trustees are required to review the Inve5trnent Pollcy Statement each year. Any chan8¢ In wllcy or the investment objettives Is con¥eyed to and agreed with the Investment Manager on a tirnely ba515. The current policy in¢ludes strict guidelines on the type of invettments the trustees believe to be compatible with the ethical position of the ch¥rityi includin8 avoidaThce of investments in companie5 involved in animal iesiinB. Pa8e 6 6rlstol Animll R•$cue Centre Re rt of the Trustees forthe Year Ended 31 December 2024 FINANCIAL REVIEW Reserves polirv The alm of the pollcy Is to Teflert the trustees. obje¢tNe of maintaining a sound flnanclal base for the charity that enables both stability and growth. To achleve this, the trustèes seek to manage the charltys finan£ial reserves In accordance with the pollcy and the requirements of the charity's risk management str8teEY The charliy wlll hold flnancial reserves In accordance with the lollowlng struewre= l. A surn equal to six month5 operatinK costs w511 be held in case of any urgent andlor unfor￿een Impacts on our abillty to opÈrate, such as a major decline In 1￿coMe. Due to the nature of our service provlsioTh. slx month$ operatlllB costs would be essential to meet welfare ￿ed$ If we ever needed to amend or cease our operating model. A5 It Decemb*r 2024 th1$ e4uates to £0.7m. At theyear end, unrestricted reserves were £0.8m12023-£1.Iml. 2. A sum that is held to provide for Significant capfftal projerts. Over the last year we have been progressin8 work to Identify the fe35ibility of a relocation due to pressures on our current slte from development in the area. The amount required lor relocation has increased as land 2cqulsition. potentlal demolltlon and ¢onstructlon prglect com t￿lMateS start to become better understood as the programme moves forwards. As at December 2024 th15 zmwnts to £3.Om held in de518natedlunds, 3. A sum that will be held to mitigate up to 2 years. poor performance on income generètlon, including legacies. due to inftuences beyond our control. Legaties turrentty make up over 70% of the charlty's income and a low level of receipts In any one year would present a significant risk to the operation of the chanty. Legaty professing and fundraising have been impacted by Covid and the Cost of Living crisis and it Is Importantto rnaintain this safety net in order that we can sustain our antmal welfare provision. As at December Z024 this arnounts to £0.4m held In desi8nated fund5. 4. Buildin8s and equlpment Used to provide our tore rehoming and cllnic ser¥ice5 are classified as designated funds and ￿presented In fixed ass￿$. As•t December 2024thl$ 8m¢urrts to £2.1ffl held In desl8nat¢dfund5. The speclflc sums held will be quantrfied annually tQ8ether with any changes to the ch4ritVs risk fflana8ernent profile and represented n the accounts In accordance wlth the Structure noted above. The IIu51ees intend to sustain the level of reserves to ensure that they can meet all these ¢ontin8encles with the aim of continulng the tommitments to animal welfare the charity h25 taken responsibility for. It is the intention of the trustees to review thls policy and agree to any revlslon$ 8nnualty. At the year end, desi8nated reserves were £5.5rn12023- £4.2ml, FiJfuRE PLANS In 2025 the charity 15 aimlng to complete the merger of the separate charities and move to form a single CIO throuKh ion5ultation with the Charity Commission. Work Is underway supported by the national RSPCA and will provlde a number of beneh'ts including one company strurture, streamlinin8 admlnistration and payroll services and alignlngthe obletts of both charitie5 under the CIO framework. As outlSned in the strategy the charity will a150 continue to move forwards with the relocatlon plans to identify afid develop plans to mgve away from the Temple Quartev regeneration zone and get an U￿erStanding of the cost tsf buildin8 a purpose designed rescue (entre and identify a site more suitablefor the needs of the anlmals in our care. Page 7 Brisiol Anlm•l R•s¢ue Centre rt Of the Trustees forthe Year Ended 31 Derernber 20Z4 STrUCFURE, GOVERNANCE ANO MANAGEMENT Govemattce The Brlstol and Distrltt Branth (Charty Number.. 2058581 was originally fortneil under the title of The Brlsiol and Clifton Branch in 1842 as an unincorporated b¢dy. The Charity Commlssioners granted a ￿rtIfIcate of incorporatlon of the Tru5tee5 of the charity by the name of The IncorpDr3ted Trustee5 of the RSPCA - Bristol and Dlstrfrt Br3￿h, The certificate was Issued on 13 April 2006. The br8nth 15 governed accordance with the rules Set by the nath)nal charity ¢he Royal Sodety lorthe Preventknn ol Cruelty to Animals. Br15tol Dogs and Cats Home is Eoverned by a Scheme Set up on 4 Decembèr 1953 by an order of the Charlty Commlsg1011. On 27 June 2012 a resolution was pa$5ed that The Bristol Dog$ and Cats Home Trust" I'the Trust'l be constituted as the m8na8in8 Trustee of Bristol Do8s and Cats Home I'the Home"). The Branch and the Horne are regittered with the Charlty Ctsmmisgon for England and Wale5 as linked charltles sharlng the same number. In January 2018. the two ¢harities adopted the working names of Bristol Anirnal Rescue Centrelgristol A.R.Ql to enable them to promote their charitable activlties on behalf of Brfstol's ¥nirn315 more effectlvely to the public. The Tmstees wlll corTrtinue to c105eW monltor the financial operatlons gf the Iharity with the CEO and Senlor Management Team and seek the professional guidance of the tharity's professional financial and investment advisors. Ongoing rnonitoring will also contlnue to ensure comp112n¢e for our fundraising and communicati¢n a¢tlvitfe5. T[L￿ee$ undertake training CDuf5es on 8overnance and oiher relevant subjects that are provided at Ilttle or no chzrge by our profe￿Ortal advisors and charity 5UPPOrtorganisations. Recrullmentand trainin8 of trust¢es The managing Trustees are the IncorpDrated Trustees of the RSPCA Bristol and Dlstritt Branch. rhe Board of Trustees Is elected every year frorn the members ol the RSPCA Bristol Branrh at the Annual General Meeting of the Branch. The Board must consist of not less than five or more than fourteen elected by the members. plus 3 co-opted Trustees are allowed at anyone iirne. It is a reqLtirement that Trustees have been member5 of the Oranch for 3 month5 or more. Each yearTrustees review the skills and experience the Board requlres. Role descrlptlons for newtrustees are drafted wlth reference to the results of thi5 review and advertised widely online. Supwrters of the Charity who express an interest in the Trusteeship ale initially offered thE OPPOrtunity to meet wlth the Chair, other Trustees andlor the CEO to discuss the role and responsibilities ol the Trtssteeship in relation toihe Charity's activit125. If appropriate. they are then invited to attend a number of Board meetings as observers. The Directors of the Trust a￿ the Branch Truttees. An information pack containing Chariiy ComMiss￿n CC3, RSPCA Antmal Welfare Policies, and Guldellnes for Brèneh TTUStees and ¢xher relevant in1orm￿10n is provided fer eath Trustee. In addition. all new Trustees have an ai the Charity's ￿bert Road HQ meetin8 Wlth the CEO and Senior Mèna8ets, touring the site and bein8 introduced to staff. Trustees are also provided wlth full copl¢s of the current Strategy Plan, Annual Report and Accounts and meeting minutes. Information 15 provided about Trustee tralnin8 d)ys organised both Inieinally and by external provider5. Pa8e B r15tcl Anknal R•s¢uo Contre Re of the Trustees for the Year Ended 31 Dt¢embEr 2024 STRucfuRE, GOVERNANCE AND MANAfjEMENr Risk mana8•ment The tnjstees are responsible for Idèntifying and mana8ln8 the major risks facing the charity that mi8ht Sj8nificèThtly alter or undermlne the capacity of the ¢harlty to fulfil its obj'ectives. Risks are classified In the headings below In a risk management re815ter that is rogularlv reviewed. The major risk5 to which the charity Is exposed, a5 identrfied by the iruAees Is summarfsed under slx headlngs in the risk re£i5ter as follows.. Governance e.E. overslght of strate8Y* Trustee recruitment, retentlott and expert￿. management of conflicts of Interest. Operational e.g. Anlmal welfare. cornmercial contracts, asset security. health & safety, IT systems. . Peoplel HR e.8. reCrU￿rnent and retention. safeguardlng, Compliance with HR legal requirements - Financial e.& irbvestments, cash, debtors. fraud, fund raisi￿ bvdgetary conrrols. lega¢les. ReputatKJn and External factors e.8. onllne profile. m2dia interest, relations wlth supporters/funders/clients l other anifflal welfare charities I professkJnal bDdies and the effect of changes in e.g. governThent policies. Compliance e￿. leg31 obligatlons, Il¢ence condltions, charity ￿gUlat￿)n$, Data Protertlon and Fundraising regulations, RSPCA rules. Ri5k5 were reviewed on a regular ba51S throu8hout the year at Trustee subcornmittee meeting5 and reported back to the Board on a regular basis. wlth an updated risk register beir¢g presented and approved by Trustee5 at least annually. As a re5uIi of the reviews, Trustees confirnied that they are satisfied with arrangements for managlng the rlsk$ identified and are Current￿ satlsfied with the risk scores for each area. REFERENCE AND ADMINisfRATIVE DEfAILS Reglstered Charlty number 205858 Principal address 48-50 Albert Road Sl Philips Bristol BS2 OXA Tyustees C Cowley (resigned 22.10.241 G Staneva J Burge J Snow Ire5i8ned 1.4.251 L Harper R Peek V Farrel S Bolt lappofnted 21.10.241 S Cheetham lappDintEd 24.6.241 Audbtor5 Dunkley's statutory Auditor hartered Accountsnts Woodlands Grange Woodlands Lane 8radley sioke 8rL%tol 8S32 4JY STATEMENT OF TRUSTEES. ftESPONS181LITIES The trustees are responsible for preparing the Report of the Trustees aThd the financial statements in actordance with applicable law and United KiTrEdom Accountlng Standards (United KlnBdom Generally Acceoed A¢countin8 Practice). Page 9 Brlstol Anknal ReKue Cerrtre rt ofthe Trustees rtht Year Ended 31 De£ember 2024 STATEMEKT OF TRUSTEES. RESPONSIBiimES- contlnued The appllcable to charities in En814nd and Wales. the Charitie5 Act 2011, Charity (Accounts and Reports) Regulatlons 21)08 and the provlsltsn5 of the trust deed requires the truttees tts prepare financial stotemeThts for each financial year whKh 8ive 3 true and fair view of the stste of affairs Of the charity and of the incoming resources and application ol resources. irscluding the In£omE and expenditure. of the charity ft)r that period. In prepèrin8 those financial statements, the trustees are required to se￿tr suitable accounting pollcks and then apply them consistently.. observe the methods and principles In the Charr(y SORP.. make judgements and estimates that arè reasonable and prudent. state whether applitsble accountlng standard5 have been foll¢)wed. 5uble¢t to aty malerlal departures dlxk*sed and explained in the finan¢kl statements., prepare the financial statements on the going cOn￿M ba515 unless it Is Inappropriate to presume that the charity I￿11 contlnue In bu5illES5. The trustees are responsible for keeping proper accountln8 record5 which disclose with reason3ble accuracy at any lime the fiThanci?I positktn of th¢ charity and to enèble thÈm to ensure that the financial statements cornply with the CharrLles Act 2011, the Charity IAccounts and Reports) Regulations 2008 and the provislons of the trust deeil. They are also responsible lor gfe8uardin8 the assets of thecharity and herKe fortaking reasonable Steps for the preventlon and deteuiDn of fraud and other irregularities. 2610612025 Approved byorder of the board of trustees on............................................. and 518ned on It5 behalf bv: Tru￿ee Victoria Farrally Pa8elO rt of the l*de ndert Authtorsto the Trnstw ol Brlstol Anlmal Re5we Centre Oplnlon We have audited the flnanclal statements of Bristol Anlmal Rescue Centre Ithe 'charity'l for the year ended 31 December 2024 which comprise the Staiement of Financlal Activities, the Balance Sheet. the Cash Flow Ststement and notes to the financlal statement* including a summary of Significant accountSng policies. The financial reportirvd framework that has been applSed In ihelr preparatlon Is applieable lu and Vnited Kingdom AccouniinB Standard5 (United Kingdom Generally A¢¢epted A¢counting P¥arti￿1. In our oplnlon the financlal ststemEDts- give i true and fair vlew of the state of the thrlty's affalrs as at 31 Dettmber 2024 and of Its incoming resources and applitation of resources. forthe yearthen ended. have been property prepared in accordance with United KiTr8dorn Generally Accepted A¢¢ountlng Pra¢ii¢e', and have been prepared in accordance with the requirements of the Charf(ies Act 2011. Basls for oplnlon We tonducted eur audit in accoTdance with Intern3tlonal Standards on Auditing IVKI IISA5 IUKII and appllcable law. Our responslbllltles under those standards are further described In the Audit015' le5ponsibilit￿5 for the audit of the financi31 statements sectlDn of our report. We are Independent of the charty in accordante wlth ihe ethical requirements that are relevant to our audit Df the financi31 statements In the Lll including the FRC'S Ethical Standèrd, and we have fulfilled our other ethi¢al respon5ibilitie5 in accordance wlth these requirements. We believe ihat ttrLe audit evldence we have obtained is suff￿￿ftt and appropriate to provide a basis for our opinion. CobKl¥slons relating to goi￿ConCern In auditing the financial stètements. we have concluded that the trustees, use of the going concern basis of a￿¢￿￿tIng in the preparation ol the financial statements15 appropriate. Based on the work we have performed, we have not identified any materlal Un￿rtaInlIeS relatlng to events or condltlon5 that Indlvldually or collectivety. may cast slgnificant doubt on the charity's abllity to continue 15 a going concern for a period of at least twelve morbths from when the flnanclal staiementsare •Lrthorised for issue. Our rÈ5pon5ibilitie5 and the responslbilities of the tru5tee5 Wlth respect to golng con￿r￿ are described in the relevant sectlons of this report. olherlnformatlon The trustees are responslble forthe ¢ther Inlormatlon. The other infom)èiton comprises the Informatlon In£luded In theAnnual Report other than the financial statements and our Report of the Independent Auditors the￿on. Our oplnlon on the financial statements does not Cover the other informztion and. except to the extent otherwise explicTrtly stated in our rerxJrL we do not express any form of assurance conclusion thereon. In tonnECtion with our audit of the financlal 5tstements, our responsibility Is to re￿ other ihform)t*on and, in doing so. consider whethÈr the other information is materially incon515tent with the financlal staternent5 or our knowledge obta*ned In the audit gr otherwise appears to be materially mi￿2ted. If we identify such materlal Incon51Stencies or apparent material misstatements. we are required to determine whether th1$ gives rise to a material misstatement in the financial statements themsdves. 11, ba5Ed the work we have performed, we coNlude that there is a material misstatement ol this other inforniation, we are required to report that fart. We have nothin8 to report in this regard. Mattersonvthich are reqltlred io report by exceptlon We have nothing to report In re5pert of the lollowin8 matters where the Charities (Accounts and Rtportsl Re8ulatiOn5 2W8 require5 US to report to you if, in our oplnton.. the informztlon given in the Report of the Trustees Is in¢onslstent in any material respect wlth the financlal staiements,. or sufficient accounting record5 have not been kept., or the flnaAcial statements are not in agrÈement with the accounting records and returlls.. or we have not re¢eived all the informatlon and explanatitsns we requirefor ouraudlt. Resptshslblllkres of trustee5 As explèlned more fully in the Statemeni of Tiustees, Responsibilities. the trustees are responsible fol the preparation of the financial slaternent5 whlch gwe a true and fair vlew. and for such internal control as thÈ trustees determine is necessary to enable the preparation of finan£ial statements that are free fiom rnaterial misstatement. whether due to fraud or error. In preparing the financial statements. thè trustees are responsible for asse55ing the charity's abillty to continue as a going concern. disclosin8, as applicable. matters relèted to 8oin8 concern and usin8 the 8olng contern bèsls tsf a¢tountin8 unless the trustees elther ntend tts I￿U￿￿atelhe charity orto cease operations, or have no realistic ahernative but to do 50. P38e 11 Re rt ol the Inde ndent Aud Bristol Anlmal fte$￿e Cent tvth•Tru51ee5 of Our r¢sponslb1l￿l¢sf0r the audit of the flMncl•l statèments We have been appointed a5 auditors under Sectlon 144 of the Charitles Acr 2011 and report In accordance wfth the Art and relevant re8ulations rnade or having effeci ihereunder. Our objedives are lo obtaln rea59nable assurance about whether the flnancial statements a$ a whole are free from material misstatement, whether due to fraud or error. and to 155ue a Rewrt of the Independent Auditors that includes our oplnion. Reasorbable assurance is a hleh level of assurance, but is not a guarantee that otb aydit conducted in accordance with ISAS IVKI wlll always delect a maierlal m155tatement when it exisis. Misstatement5 can arlse frorn fraud or error and are consldered Tniterial if, individually or in the aggregate, they could reasonably be expected to influence the ettlnomic deosions ot users taken on the bo515 of these financial 5taternents. The extent to which our procedure5 are capable ol detectln8 Irwularities, induding fraud Is detalled below.. L¥tent to whkh the audlt wa$ ¢onsklorèd capableof detedlnz Irrrfularitles 5ndudln8fraud We identify and as5e55 the risk5 of material mlsstatement of the financlal staiements, whether due to fraud or error, and then design and perform audit procedvres responswe to those risks, including obtainlng audli evldence that is sufficient and approprlate to provide a ba515 for ouropiThion. Identlfylni and assessi￿ POtemi•l rlsks related to Irregularft￿s In idevtifying and assessin8 risks ¢Ff material mlsstatemeht In respect of irregularities. Incl￿*1￿8 fraud and nDn-tompliance with laws and reBu13tions. we considered the following.. Ihe nature of the industry and sector. control environment and business perfformance includiD8 the design of the company's remuneration poli¢les, bonus levels and perfomiancetsr8ets,' - any matters we idertrfied. hèving obtained and reviewed the company's d¢xumentaticn of their policies and procedures ￿latIng to.. identifyln& evaluating and complylng wlth laws and regulations aNI whethertheywere aware of any Instances Of non*Drnpliance.' -detectln8 and responding to the rlsks of fraud and whether they have know￿dge of ar)y actsjal, suspected oralleEed fraud.. - the Internal controls establlshed to rnili8ate risks of fraud or noTh-compliance with laws and re8ulations,' - the matters discussed amon8 the audit engagement team regardin8 how and where fraud might occur in the financial statements and any potential indicators of fraud. A5 a r￿Ult of these procedure5, we consldered the tJpportunities and incentlves that may exlst wtthin the organisation for frèud and identrfied the 8reatÈst potential for fraud InthE are35 of rnanagement override of contro15, and revenue reco8nltlon. We also obtalned an understanding of the legal and regulatory framework that the company operates lth. locusins on provisi¢w of those laws and regulation5 that had a dlrett effect on the determlnatlon of material amount5 and disclosures in the financial ststement5. Audft re$pons• io rlsk$ identified procedure5 to respond to risks identlfied included the followOn8'. enquirln¢ tsf mènagement, concerniThB actual and potential lit￿atiOn and claim5', performin8 analytical procedures to identify any unusual or unexpÈ¢ted relationships thai may indicate ri5k5 of material misstatement dueto fraud., in addressing the risk of fraud through management override Of controls testing the appropriaieness of lournal entrie5 and other adlustrnents,. assess¢ng whether thÈ judeements made in makin8 accounting estimates are indicative of a potential bi35.' and evaluating the busine55 rationale of any signiflcant tran5action5 that are unuswl or out￿de the nomial coursè of busines5_ We als¢ communicated relevant identrfied laws and regul•ions and potential fraud risks to all en888ement team members, and mained alert to any Indication5 of fraud or non-compliance with law5 and regulations throughout the audlt. Pa8e 12 ofthe IndE derf Audltors totheTrus*e$ of Bristol Anlmal Rescue Centre A fvrther description of ¢)ur ￿spOnSIbl11t1eS for the a￿dit ol the finanual stztements 15 located on the Financial Reporting Council's ebsite 3twww.fr¢.or8.uklatJdltorsre5ponsiblllties. Thls des¢rlptlon forms part of our Report of the Independent Auditors. Use tsfow report Thès report is made solely to the charity'5 tru5tee5. as a body, In accordance with Part 4 of the Charities IA¢¢ounts and Reports) Regulations 2(N)8. Our audlt Wofk has been undertaken $0 that we miEht state to the charky'strustees those rn3tter5 we are required to State to them in an audirors, report and for no oiheT purp05e. To the fullest extent permltted by law, we do not accept or assume responsiè41ity to anyone other than the charlty tho tharlty's trustees as a bodyt for our audit work, for this reporr. or for the opinions we have formed. eyJ Dunkley's StatutoryAudiior Chartered Ac¢ountanls Woodlands Grar¢ge Woodlands Lane Bradley Stoke 8S32 4JY 2610612025 Dète.. Page 13 Bristol Animal Rescue Centre Statement of Finahdal A¢tlvllles lor the Y r Ended 31 r2024 31.12.24 Totsl fund5 31.12.23 Total funds Unrestrlcted fund De5i8llated funds Restricted fvnd$ Note5 INCOME AND ENDOWMENTS FROM Donation5 and legacies 1402.738 2.402,738 1.353,080 Charltable athvllles Charttable artNilie5 194.073 202,073 144,985 ¢)ther tradlng artNities Investrnent Income Other income 40,742 48,599 100 40,742 48,599 100 27,218 42,7R2 Total 2.686.252 8.0th) 2,694,252 1,568.065 EXPENDrrLIRE ON R3isingfunds 288,313 288,313 279,134 Charltsble actNitl•s Charitable acttvities 1.494,071 83.826 832 1,578,729 1,396,251 Totsl 1.782,384 83B26 832 1.867,042 1.675.386 Net galns on Investments 109,913 78.582 NET INCOMEIIEXPENDITUREI Transfers bttweenfunds 1,013.781 11.311.2951 183.8261 1,312,666 7,168 11.3711 937.123 128.7391 19 N*t movement in fvnds 1297,5141 1.228,840 5,797 937,123 128.7391 RECONCILIATION OF FUNDS Total funds brou8ht forwzrd 1.125,118 4.248,2(VJ 4,732 5,378.059 5,406,798 TOTAL FUNDS CARRIED FORWARD 827,604 5.477,049 10,529 6.315,182 5,378.059 The notesforrn part of these hnancial statements Page 14 ol Animal Rexue Centre Balance Sh 31.12.24 Totsl funds 31.12.23 Totsl fvnds Unrestrlded fund Designated funds Restrirted ftsnds Notes F￿ED ASSETS Tangible assets Investments 13 14 2.077,049 1.428.339 2.077.049 1.428,339 2.148.208 1,481.867 3.505.388 3,505.388 3.630.075 CURRENT ASSEfs Stocks Debtors Cash at bank 15 16 30,476 213,021 713,639 30,476 1,984,682 924,168 19.191 1.234,948 E06,106 1,771.661 ZOO.OOD 10.529 9S7.136 1.971.661 10.529 2.939.326 1,860.245 CREDITORS Amounts falling due wttlin one year 17 1129.S321 1129,5321 1112,2611 NÉTCVRRENT ASSETS 827,604 1,971,661 10.529 2,￿9,794 1,747.984 TOTALASSETS IESS CURRENT LIABILITIE5 827.604 5.477,049 10.529 6.315.182 5.378.059 NET ASSETS 827,604 5.477,049 10,529 6.315.182 5.378.059 FUNDS Unrestrl¢ted fund5 Restricted funds 19 6,304,653 10,529 5,373,327 4,732 TOYAL FUNDS 6,315,182 5.378,059 2610612025 The finanoal statements were approved by the Board of Trust￿ and authorised for issue on ......................-...................... at)d were ned on its behalf by.. Trustee victoria Farrelly The t)otesfomi part of these financial ststements Pa8e 15 8rth>l Animal Rescue Centre Cash Flow Statement lorthe Year ed31D mber 2024 31.12.24 31.12.23 Note5 Cash flows from oper•tln¢ att1v5￿e$ Cash 8enerated from operations 115,082 35.464 Net cash provided by operating actlvitles 115,082 35.464 Cash Ilows frorn invesllng actlvltl•s Purchase Lif tangible fixed a$5et5 Sale of tangible fixed assets Investment managemeffttfees Proreed5 from the sale of investments Purchase of Investrnents Interest reeeived Dlvidends received 112.6671 100 113,8951 355,384 1165,9651 7,926 40.673 114.6581 575.199 1384,2131 1.749 41.033 Nettèsh provlded by Inve5tinE activitles 211,556 219,110 Chanqe sn cash and ¢ash equfvalents In the r•portln8 perood Cash and cash equl¥al•nts at the be8Tnnln8 of the reporting perfod 326,638 254.573 610.803 356,240 C%h and ¢aShequ￿aIents at the end olthe reixiitinR perlod 937.441 610,813 The note5 forrn part of these financial Statements Page 16 Brlstol Anlm•l Restue Centre Nptes to the Cash Now 5taternent forthe Ye¥ Ended 31 DKernber2024 RECONauATION OF NET INCOMEIIEXPENDITURE) TO NET USH FLOW FROM OPERAMNG AcnvmES 31.12.24 31.12.23 In¢omtllexpehdllurel forthe reportln8 perfod las perthe Statemerrtof Anancial A¢tlvkties1 Adiustments for.. Depreciation charge5 Galn on Investme￿$ Profit on dlsposal of T￿ed a55ets Interest received DNidÈnds re¢efveil Investment manigernent lees Increase in stoc*s Ilncre3selldecrease In debtors 1ncreaselldel￿asel in creditors 937,123 128,7391 83,826 1127.3151 iiool 17.9261 140.6731 13.895 111,2851 1749,7341 17.271 83,856 178.5821 11.7491 141.0331 14,658 111,436 24.3831 Net Cash provided by operatlons 115,082 35,464 ANALVSIS OF OIANGES IN NET FUNOS At 1.1.24 Cash flow Ai 31.12.24 Net ¢•sh Cash at bank Cash held in investments 606.106 4.707 610.813 318,062 8,576 326.638 924,168 13,283 937,451 610 813 326.638 937,451 Totsl 610,813 326,638 937.451 The notes form part of these linancial statements Page 17 Bristol Anlmal Rescu• C4ntre Note5 to the Flnancial Statements for the Yéar Ended 31 Dèfember2024 ACCOUNTING POLICIES 89sls of prepayingthe flnan¢¥l statements The financi81 statement5 have been Prepar￿ in aCCOTdance wlth Accoun￿nI and Reportln8 by Charltie5= Statement of Recommended Practice applleable to charltSes In p¥eparing their accounts in accordznce with the Financial Reporting Stsndard appllcable in UK and Republlc of I￿land IFRS 1021 (effective l January 20191- (Charities SORP IFRS 10211, the Financial Reportin8 Standard appllcable in th* UK and Republlc of Ireland IFRS 1021. Royal society lor the Prevention of Cruelty to Anlmals Bristol and DKstrlct Branch meets the deflnif(on Of a public benefit entllv under FRS 102. Assets and liabilities are initially re¢tsgni5ed at historical cost or transaction value unle55 Otherwise stated ith the relevant accountlng policy note. These finèntlal staternents consolidatÈ the results of the Brlstol and District 8r3nch ol the Royal Soclety for the PreVent￿n of Cruelty to AnSmals and those of the Brisiol Do85 and Cats Home which are linked charlties. Goln8 ¢t)nEern The accounts have been p￿pared on the assurnwion that the charity is able to Continue a5 a 8Thng coThcern. which the irustees con5h4er approprlate having regard to the currenr level DI unrestrlcted reserves. There are no material uncertaintles about Ihe tharity's abilrty to contlnue a5 a going concein. Income Income is reco8nised when the charlty has entitlement to the funds, any perforrnarKe condition5 attachod to the item of income have been met. it Is probable that the iThcome wlll be received and the amount Can be measured reliabty. Income from the govemment and other grants. whethei'capital, grants or'revenue. Bran￿ 65 reco8ni5ed when the charlty has entiilement to the funds. any performaThce conditlons attaehed to the grants have been met, it 15 probable that the IncorrbE will be received aThd the amount Can be measured rellably and is not deferred. For legacies, entitlement IS taken as the eafller of the date on which either.. the charity is aware that PTobate has be¢n granted, the estste has ￿en finalised and notifi¢atlon ha5 been made by the executorlsl to the Trust that a distributlon will be made, or when a distributlon is rec•ved from thÈ estate. Receipt of a legacy. in whole or in part. is only considered probable when the amount t2n be rnea5ured reliably and the charlty has been notlfied of the executor's intention to make a distribution. Where le8aties have been notified to the charityi or the tharity is aware of the 8rantlng of probate. and the crlteria for income reto8nltion have not ￿en met. then the le8aCV IS treated as a contlngent a￿et and disclosed if materi21. Income lax recoverable in relaiion to donatlons rece6ved underEift aid 15 recognised at ihe tfjme of the donation. Charfjtable a£tivities income generated thrDu8h clinic and rehomin8 fees are rec¢8nlsed at point of sale. Retail shop and rental income is also reco8nised at point of sale with general lundraisln8 income belnE re¢o8nised at point of receipt. Donated seNl¢es andlac1￿￿e$ Donated profe55ional services and donated facilitie5 are re(08nised as Income when the charty has control over the item, anv condrtions associated with the donated item have been rnet. the rece6pt of econornic benefft from the use by the charity of the item. is Pro￿ble and the economic ben￿￿ can be rneasured reliably. In accordance with the Charitles SORP IFRS 10211 general volunteef tlme is not recogThT5ed, On Meipt. donated profe551onal service5 and donated f3clllties are retOKni5ed on the basis of the valtje Of the gfft to the charity whih 15 the amount the chartty would have been willin8 to pay to obtain seThlces or facllities of equivalent economSc benefiton the open rn3rket,' a corresponding amount is then retO8nr5ed in expenditure in the perfrod of rereipt. Donated B¢Jod5 are recognised at the point of donation Whe￿ the vilue is measurable, otherwise they are recognised at the point of Sale and * the actual value reali5ed for the sale of go¢ds. Pa8e 18 continued... Brlstd Anlmal Rescue tÈntré Notes to the Financlal 5tatements- contlnued lor the Year Ended 31 December 2024 ACCOUNTING POLICIES- contlnued Income Inter•st I•D 23.324 $6.669 16.735 13.107 37.285 2L189 202,073 144,985 Pa8e 21 contSnued... Bristol Anlrnal R•xue Centre Notes to the Financlal Stateme - ¢ontlNued for the Year E ed 31 December 2024 RAISING FUNDS Ral$1￿ donotion5 and legacles 31.12.24 31.12.23 Staff t115ts Room hir2 and events costs Fundraising costs Support costs 148.592 4,576 11,076 85,050 164.211 4.005 4,772 249,294 241.392 Qlher tr•din¥ activities 31.12.24 31.12.23 Printing and deslgn Subscriptlons and licence5 Travel and subsistence Pfemlse and malntenanre costs 11,769 3.403 452 9.500 9.573 1.592 3.231 8.690 25,124 23.086 In¥tstment Marl￿e￿nI ¢osts 31.12.24 31.12.23 PortfolSo managernent 13.895 14,658 regate amounts CHARITABLE ACTivrriE5 COSTS Support costs l*¢ note 91 Direct Costs Totals Charkable attfvitie5 1,220.163 358,566 1,578,729 Page 22 c￿tinued... 6rb5td Armnal Rescue Centre Notesto the Flnanclal Ststements. conti￿ed lorthe Ye•t Ended 31 December 2024 SUPPORTcosf5 Governance costs CharftalAe actMtre5 443,616 Governance costs Staff Costs Inote 111 312.262 16.934 2.923 3.968 59,606 2.741 8.607 6.31K) 14,673 9,780 5,550 272 443.616 Ctstnrnvnications Subs¢rlption% licences and charges Travel and sub51Sten¢e Prern￿eS and maintenance costs Webslte and d)tsbase development Insurance Audit and accountsncy Prolesslofial and legal HR, rrainin8 and development costs Irreco¥erable VAT Mi5cellanecus costs S*total Allocatlon of wpportand govern•n¢ec05ts: Ralsing funds Charltable 4cliwiUes 85,050 358.566 io. IRUSTEES, REMUNERATION AND 8ENEFITS There were no trustees, remuneration or other beneffts for the year ended 31 December 2024 nor for the year ended 31 December 2023. Trnsttts. èxpen There were rrfj trustees. expense5 paid forthe year ended 31 December 2024 nor forthe yeirended 31 December2023. ii. STAFF COSFS 31.12.24 31.12.23 Wzges and ￿1)rieS So¢lal securttyC05ts oiher pertsion costs 1,208.S25 104.161 48.932 1.056,739 83.557 39.105 1.361,618 1,179,401 The average monthty number of emF4oyees durin8 the year wa5 as follows: 31.12.24 42 31.12.23 40 Charitable Fundraising Support io 57 52 Pa8e 23 continued... Bristol Anlmal e5cue Centre Flna nt5- Contlnu Year ecemb ii. STAFF cosrs. continued The number of employEes whose employee benefits lexcludlngemployer peTr51on costs) exceeded £60,000 was.. 31.12.24 31.12.23 £6D,IN)1- £70,0(H) The key management personnel of rhe charity comprlse the Trustees. the Chief Executlve Officer, the Finance Manager. the Fundral$lnE & Communicatlons Mana8er, the Facilities, Health & Safety. and Adrnini5tr£tion Manager. the Anlmal Home Manager, the Principal Veierlnary Surgeon. the Head of Animal Operatlons and the HR Manager. The totsl employee benefits of the key management personnel were £405.07512023.. £309.3781. COMPARATIVES FOR THe STATEMENf OF FINANCIAL ACTivrriE5 Vnre5tricted fund DÈsLqnated funds Restrlcted funds Toial fvnds INCOME AND ENDOWMENTS FAOM Donat￿nS Ind le8aties 1.337,094 15,985 1,353.080 Chafftable Jrtivitie5 Charltable activities 144,985 144,985 Other tradin8 artlvifies Investment incorne 27.218 42.782 27.218 42,782 Total 1.552 0?9 15,985 1.568,065 EKPENOITURE ON Ralsing funds 330.414 330.414 Charitsble actNities Charitable aCt￿ltIeS 1.238.383 83.856 22.733 1.344.972 Total 1,568,797 83.856 22,733 1,675.386 Net8ains on investments 78,582 78.582 NET INCOMEIIEXPENDITUREI 61,864 99.2451 183*551 100,C#JO 16,7481 17551 128.7391 Tr*nsf*rs between fLtnds Net movement On fvnd$ 137,3811 16.145 17,5031 128,7391 RECONCILIATION OF FUNDS Total fund5 brought forward 1,162.499 4,232,1)64 12.235 5,406.798 TOTAL FUNDS CARRIED FORWARD 1.125.118 4,248,209 4,732 5.378,059 Pa£e 24 continued.., Brfstol Anirnal Rescue Centre Not•$ to the Flnancial StatÈments- coniimued for the Year End￿ 31 December 2024 TANGIBLE HXED A55Ers Freehold property Motor vans and equlpment Totals COSF At l J¥nuary 2024 Additions 4,266,980 333.703 12.667 4,6￿.683 12,667 AI 31 DKernber 2024 4,266,980 346.370 4,613,350 DEPREaATION At l January 2024 Charge lor year 2.138.079 76,159 314.396 7,667 2.452N75 83,826 At 31 December 2024 2.214.238 322.063 2.S36,301 14ET BOOK VALIIE At 310ecember 2024 2.052.742 24￿07 2.077.049 At 31 December 2023 2,128.901 19?07 2,148,208 Included in freehold property is freehold land at a tosi of £459.02012023.. £459.0201 which 15 not depr￿lated 14. FIXED ASSET INVESTMENTS Listed securf(ies Cash 31.12.24 31.12.23 Marketvalue as at ljanuary 2024 Additions Disposals proceeds Galns I110$5esl Cash movernent 1.477.160 165,965 1355,3481 127.279 4.707 1.481.867 165,965 1355,3481 127,279 8,576 1.617,943 384,213 1575,1991 78.583 123,6731 8,576 Market value as at 31 December 2024 1.415,056 13.283 1.428,339 1.481,867 Investments ore marketvalue cornprise: 31.12.24 31.12.23 L￿d invèstment5 Cash held by broker5 1,415,OS6 13.283 1,477,160 4,707 1,428,339 1,481,867 Pa8e 25 continued... Brlstol A Imal Rescue Cent Notes to the Financial Statements- Cotrtinued Is. STOCKS 31.12.24 31.12.23 Stocks 30.476 19,191 16. DEBTORS.. AMOUNTS FALLING DUE wmiiN ONEYEAA 31.12.24 31.12.23 Trade debt oiher debto VAT 18,051 29,653 12,932 1,136,312 23.410 14,580 3.867 11.766 1,896.312 13.866 29,617 Accrued legacies Accrued income P￿paYrnent5 1.984.682 1,234.948 17. CREDITORS: AMOUNTS FAWNG DUE WITHIN ONE YEAR 31.12.24 31.12.23 Trade creditor5 Social security and othertaxe5 Other creditors Ac¢ruals and deferred incorne 53,265 41,514 17,638 17,115 35,939 40,50B 14.055 21,759 129.S32 112,261 LEASING AGREEMEP¥ts Minimum lease payments under non-cancellable operating leases fall due as follows: 31.12.24 31.12.23 Within one year Between one and fNe years 2,50D 6,660 2.500 2.500 9.160 Page 26 continued... &rls10l Animal Rescue Centre Not*sto the Flnantlal Ststèments- contlwed lor the Year End l De¢embei 2024 19. MOVEMENTIN FUNDS Net movement In fund5 Transfers between funds At 31.12.24 At 1.1.24 Unrestvlcted fund5 General lund Tangible fixed assets Capital projects Legacy continEen¢y fund 1.125.118 2,148,209 1,700,orM) 400.OCX) 1,013,781 183,8261 11.311,2951 12.666 1.300,000 827,604 2.077,049 3,ODO,O ,000 5.373.327 929.955 1.371 6,304.653 Restrlrted fvnds Kennel improvemenis RehominB staff roorn Dog sefj50rygarden Anitnal fiiend5 insurance The Prowtln8Charitable Foundation 1,228 246 3,2S8 17051 11271 13751 11191 18771 148 2.381 3.000 5.000 4.732 7.168 11,3711 10.529 TOTAL FUNDS 5,378,059 937.123 6,315,182 Net rTh)vement In funds. InCl￿ded In the above are as follows.. Incomlng resources Resources expended Gains aTrd losses Movernent In ftjnds Unrestrirted funds General fund Tangible fixed a55et5 2.686.252 11.782,3841 183,8261 109,913 1,013,781 183,8261 2,686,252 11.866,2101 109.913 929,955 Restrftted funds Kennel improvement5 Rehorning staff room Animal friends insurance The Prowting Charltable Foundation 17051 11271 17051 11271 3.000 3,0 5.orM) 8.0(Kl 7.168 TOTAL FUNDS 2,694,252 1.867,0421 109,913 937,123 Page 27 continued.. Brlstol knimal Rescue Centre Notes to the Flnandal Statements- contin for the Year Ended 31 Dec MOVEMENT IN FUNDS-eontinued ComparatSvts for m0￿ment ID fund$ Net movement in fund5 Transfers betwee fvnd5 At 31.12.23 At l.l.Z3 Unrestrlcted fvnds General fund Tangible fixed assets Capital projects Legacycontingency fund 1,162,499 2,232,064 1,700,000 61.864 183.8551 199.2451 1,125,118 2.148,209 I,700,￿0 400.¢)JO I￿,000 5.394.563 121.9911 755 5,373,327 Restrfrttd funds Wellbein8 Sulte improvements Kennel improvements Rehoming staff room Dog sensory garden 755 3,103 305 ,072 17551 11.8751 1591 1,228 246 3.258 12.235 16.7481 17551 4,732 TOTAL FUNDS 5,406,798 28.7391 5,378.059 Q)mparative net movement in fund5. iThcluded in the above are a5 follows.. Incoming resources Resources expended Gains and losse5 Movement in funds Unre5trirted fund5 General fund Tanglble fixed assets 1.552.079 11.568,7971 183.8561 78.S82 61,864 183,8551 1.552.080 11,652,653) 78,582 121,9911 Itestrltted funds Kennel improvements Regulargiving RSPCA Regional Grant- cat Aeutering RekTrmlni staff roorn Do8 sen￿ry&ar(￿n 11,8751 11.8751 81x1 15,185 115,1851 1591 4.8141 1591 14.8141 15.985 122,7331 16.7481 TOTAL FUNDS 1.568.065 11,675,3861 78,582 128,7391 Page 28 continued... Brlstol Anbmal Centre Fln - contin 19, MOVÉMENT IN FUNDS. wntinued A current year 12 months znd Prior year 12 months £ombiTred positioTh Is as follow5.. Net movement In funds Transfers between funds At 31.12.24 At 1.1.23 Unrestrltted luods General fund Tangible filed assets ap￿81 projects Leiacy contSngency fund L162.499 2.232.064 I.7￿,000 300,000 1,075,645 1167.6811 11,410,540) 12,666 1.3CMI,ODD 100,ODO 827.604 2,077.049 3,fKIO,O(KI 4￿,0 5.394.563 907,964 2.126 6,304,653 RÈ5trirted funds Wellbeing suite ImprovemeTht5 Kennel Improvements Rehomin8 Staff room Dog sen50ry 8arden Arsimal friends insurance The Prowting Charitsble Foundation 755 3.103 305 8.072 17551 13751 11191 18TII 12.5801 11861 14,8141 3,000 2,381 5.rA)D 5,CKIO 12.235 420 12,1261 10.529 TOTAL FUND5 5,406,798 908.384 6.315.182 Aturrènt year 12 months prioryear 12 months combSned net movement in fvnds, included in the above are a5 lollow5'. Incomlng resources Resource5 expended Gains and losses IAovement n funds Unrt5tricted f￿d$ General fund Tanglblefixed asset$ 4,238,331 13.351.181) 1167,6821 188.495 1,075,645 1167.6811 4.238,332 13.518,8631 188,495 907,964 Restrlrted luttd$ Kennel Imprtsvements Re8ular eivine RSPCA Reglonjl Grant- cat nevterin8 Rehorning Staff loom Dog5en50ry garden Animal friends insurance The Prowting Charitable Foundation 12.5801 18001 115,1851 1186 12.5801 15.185 11861 14,8141 5.000 23,985 123,5651 420 TOTAI FUNDS 4.262,317 13,542.4281 188.495 908,384 Page 29 Continued... Pr￿￿01 Animal Rescue Centre Notesto the F1Th￿ClaI Ststemo*ts- tontlnued for theyeor Ended 31 DKember2024 19. MoVEmEP￿ IN FUNDS-eoMlnued Purposes of restrlrtedfvnds Wellbelng suhe improvements Appeal fundswere allocaied to make Improvemenis In the Wellbelng Suiie. A 8rant frotn Anirnal Friend5 and an individual donation has been allocated to rnake mprovement51o kennd aciommodation for the do￿ ID the Rehorning Centre. Régular g￿r$ have ￿queSted that their contributions be albcated spetificallyto either does or Cats upkeep. RSPCA South West Re8lonal Board awarded us a grant to carryoutcat Treuterln8. Restricted grant incornefor improvements to the animal home stsff room. Public appeal to fund a new sensory garden for the dogs onske. Vet fees toward5 frtnth bulldog5 and other high medical needs dog5. Kennel improvements Regular glving RSPCA Regional Grant Rehoming staff room Dog 5ensorygarden Animal friends Insurance The pro￿1n8 Charltable Foundation Renovation of indoor training and roof 8rant. RELATED PARTY DISCLOSURES In addition to theirtime. the trustees often provide support ro ihe Chariiy In the fomi of monetary don3tsons. Ouring the yearthe trustees. In a88reg3te. made donations of £nil12023.. £7661. 21. CQNnNGEIU A55ETS A5 al 31 December 2024 Ihe charity had been notified of one legacy with a value of approximately £SIO.¢)00. Receipt of funds is contln8ent on the granting of probate andlor the sale of properties. therefore income recognition crf(eria has not been met. C0Th5equentty no accrual has been made in the financial statements. There We￿ rwo contingent assets in the prtor year with a combined value of £420.000. Page 30 Bristol Anl l Res¢u• tentre il d Statementof Fl rtlv 31.12.24 31.12.23 IP4COME AND ENDOWMENTS DonotK)ns and ￿￿leS Donations Gift aid Leg3cies 24S.3CKJ 35,297 2 122.141 22Q,847 30.109 1.102,124 2,402,738 1.353,080 Other tradlng artlvttles Shop lThcome Sundry rentsl Income Other fundraisin8 income 9.656 25.487 5.599 2,599 24,587 32 40.742 27,218 InvestmentlrKome Dlvidends re(eived Oeposlt account interest 40,673 7,926 41.033 1.749 48,599 42,782 arltable actjvltles Dogwarden in¢ome Grants RSPCA inrome Adoptions Sub5idlsed vet fees 92,923 12.413 32.113 41,3LK) 23,324 56.669 16,735 13,107 37.285 21,189 202,073 144.985 Other IntomÈ GaSn on Sale of tsn8ible fixed assets loo Total Intominq re50urtes 2,694,252 1.568.065 EXPENDITURE Ralslng don•tlons legacies Wages Social securfty Pensions Room hire and e¥entS C05t5 Fundrai51nB costs 130.842 12.630 5,120 4.576 11.076 146,331 12.071 5.809 4.005 4,772 164.244 172.988 Other tradln8 artlvltles Printing and dessgn Carried fO￿ard 11,769 11,769 9.573 9.573 This page does not forrn part ol the ststutoryfinancial st*ements Page 31 Bristol Anlmal R•xu• ¢entr• Detalled Stslementof Finandal Actlvttles for the Year En d 31 Oe¢ember Z024 31.12.24 31.12.23 other tradlng a￿l￿tIl$ 8Yought foNard Svbscriptlons and licences Travel and subslstence Premise and malnienance ¢05ts 11,769 3,403 452 9.573 1.592 3.231 8.690 25,124 23.086 Investment management ¢osts Portfolio management 13.895 14,658 tharStable adivrti•5 Wages Sotial secursty Pensions Cllnic costs RehomiThg centre ¢osis Freehold property Fixtures and fittin45 Motorvehicles 816.155 61,841 22,768 124,894 110.679 76,159 6.S25 1.142 684.221 50.699 19,719 121.421 142,237 76.160 7,696 1.220.163 1,102,153 Support costs Go¥eman¢e ¢osts Wage5 )cial security Pensions Auditor5. remuneration Insurance Telephone Sundries Legal and profe55ional fees HR, trainlnE and development Subscdpt6tsns antl Ilcentes Travel and sub515tence Website and development costs Premise and maintenance costs Irrecoverable debt 261.528 29.690 21.(M4 6.300 8,607 16,934 272 14,673 9,780 2,923 226.187 20,787 13,577 8,5 9.051 14.88S 47 soo 3,450 2.023 5.913 949 47,074 9,558 2.741 59. 5.550 443,616 362,501 Total resources expended 1,867,042 1,675.386 Net incorne/lexpenditurel before galns aftd los*s 827,210 1107,3211 R•alls•d rrfognSs¢d 8akn$and 1056es Realtsed gain￿lI0$S¢$I on fixed a55et Investments ItffJ,913 78.582 Net Sncornel{eJyendlture} 937.123 128.7391 This pase th*es not form part of the statutoryfinancial statements Page 32