Charlly R•gl¥trallon No. 205930 RSPCA WORCE8TER AND mIDoRCEsTERsH1RE ANNUAL REPORT AND UNAUDJTED FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2024
RSPCA WORCESTER AND MID.WORCESTERSHIRE LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr D Hudson rs G Hayn88 Mrs M Rees Grlffllh8ryEdgell Ms IA Walters Mrs P Bookor MrAJ6nkln$ Mrs T SmKh M8 K Gale Chalrperson Honorary Treayuror Honorary Secretary IApF4Jlntod 1710612024) IAppolnled 1810312024) IAppolnled 1810312024} Charlty numbèr 20S930 Regl8terad offlca Th9 Holdlngs Holdlng8 Lone Kemp8Oy WR5 3FP Indfrpgndgnt gxamlnor Kend811 Wadl8y LLP Gianta Lodge 71 Graham Road Molvern Worc8slershlre WR14 2JS Bankern Lloyds Bonk Pl¢ 4 Tho Crogs Worcostsr WR13PY Soll¢ltw8 Hallmgrk Whall6y Hulmg Sdldt¢TS 3,4 & 5 Sansome Place Worco$l¢r WR1 IUQ
RSPCAWORCESTER AND MID.WORCESTERSHIRE CONTENTS P490 $lee8' report Statement of tsuste88' responsibllllles Indep8ndent wmin8Vg report Ststsmenl offlnfjndal adlvi1168 68lance shègt Statement of cash Notes to the a¢¢ounts 10-24
RSPCAWORCESTERAND MID-WORCESTERSHIRE TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustee8 pre60nl thglr annual r8port and Ilnand818tatsmenls for th8 y&r ended 31 Do¢emb8r 2024. The arKounts have be8n prepared In 8c¢ordance wllh tho 8ccounllng poliaeg set out In note 1 to account8 and mplY wlth thè ¢hailty$ con$fjtuUon, tha Charities Act 2011 and 'Accounllng Rgporting by Charbtses: Sl&tsment of Recommonded Practic0 appllcable lo ¢harillg8 preparing thgir arLwnts in accordance with Ihg Flnandal R8POrtlng Standard appllcable In Me UK and Rèpubllc of IrelarKI {FRS 102>" la8 amended for a¢(KJuntlnu pgrfods ¢omm&ndng from 1 January 20191. ObJ8ctlvo$ and a¢tlvltl¢s Th8 obie¢is of thg Br8nrh afe to promot8 and 8UPPOrt thè obleots of tho Nallonal Sodoty ol the RSPCA 1h Parllcular refer8n¢e to the d&slgn8ted Branch areo. Aldlng the Reglonal Inspectorate of NaUon81 RSPCA, by tgklrKJ In fr69 of ¢hary6, ml8lrgOted, abandon9d anlmals Indudlng pots vtho¥e owners suffer financlal dlfflculll8s or pass away. Thè Society's Inspedora rescues an5m815 In dl8tr888 and onforces laws agalnst the cruol mlslreatrnent of anlmals by brlnglng prosocutions. Thi8 work Is koy to the 'prgvgnUon of $upprèsslon of cr, part of tho RSPCA oblgcts, and promle8 humane sentiments lowards anlmals lch involves moral bgnfyh't lo humankind as a whole. To flnd 8ultablè n&w homo8 for thg Nnlmals Sn our cBro. and lo prode 8 strvlce to th8 pub150 10 8811$fy thelr famlly pgt ownershlp roquir8ments. To do thi8 we operats a rehoming programm¢. Anlrnals In our ¢ai8 recelv8 Votsrlnary treatment, va¢elnallon, nouterfng mlcrothlpplng and ?re assessed for rehoinlng, we rghome anlrnals al low w$1 to those wllllng and ab18 to havo 8 companlon anlmal. Our polky to charge a rea80nabl8 adopuon fo0 for anlmal$ alms to highlSght the finandal responsiblllty of pe,1 ownershlp. It woukl not be In the bèst Interests of anim81s, and therefore would fall oul8ldo our objects, to rehomo lo tho80 who could rt 8fford them. We tak8 in flee ol charge, 108t anlm818 and tske stsps to rounlt8 th9m wllh fhalr owner8. This work beneflls our communlty, Indudlng th8 loeal aulhorilla8 by preventing anlmals 3y1n9 and posing a ri$k to th8m8elv88 and people through road ttsfflc acdd8nt6. We r88pond lo 6nqulriè8 from th8 publ1¢ about anlmals locally. Thls15 8 benefll to tha publlc who know we cén Inl8rvene to o$sl$l anlma18 In nèed. We prowde volunteerino opportunitlO8 for those wishlng lo sypptsrt our work, including Trusl&08hlp, bsl8ring and ndralslng. Th18 beneflts th8 public by provldlng th8 possibillty of dolng work, which Is compa88lonal&. rewardlng, ond offors sodal ci>mpanlon8hlp. W8 provlde flnancdal help Ic people on low Inoome to neutsr and mlcro¢hlp their famlly 1$ to 8wJ5d unwantod reproducu. We do thls by a vouchor s¢hom8, and desbgnated &vents. Thls bgngfflts peop16 on means 1gSt8d beneflts. by promollng responslbfè pet OwrrShlp. We provlde. In certaln Cirm8t8nC&S, financlal help wlth votsrfnary o)8t8 to people on low InL¥M8. Th18 b8neffils th08e on maans lesled bgneffts by glvlng thom financial help lo obtain caro for thelr ¢omp8nlon anlrnals. W¥ provld8 the wbllc wNh a¢9 and Ilterature wncomlng the care and w8lfar8 ot Ihelr p818. Thls ben¥f4ts th8 publlc by pmmollng responslble p9t owngrshlp. Wo pmvld6 wdfara noulerlng and treatments for f6ral cal cotoni&8 livlng along8lda human comMunes. to avoid expBnslon of the ¢81 cok)nlg6, whlch would olh8Twlse couso nulsancg and dlslre88 to Ih08e peoplo Ilvlng Marby. To conllnue to Qenorats Bufficlent incom$ lo m8lnlBln Branch octNllle$, The mainlenancg of BTan¢h Intsmat 81108, to keep the publlo Inforyned of our actlv6tl&8, and to makg Ihgm aware of our anlmals neodlng new homes. Regular pres8 publlcty, lo further our c8usé and malntsln our reput8Uon 8$ an anlmal wolfare organlsallon. In Ihg year w& have opgrated pet focd b8nk8. Thi8 b8nellt8 tha publlc in ffjkllng them lo ke&p mud) loved pets In their carg throughout the economlc crf818,
RSPCA WORCESTER AND MID-WORCESTERSHIRE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 I charltles In England and W8188 musl have charflable alms that are for the publlc benoflt. 1118 not enough that tho RSPCAS work ben&llls anlmols. Rlchard Martln, one of Ihe RSPCA8 nlneteenlh century founders, Idenllkd tho Socieiys prlme aim 89 b01ng to alter the moral feellngs of the country. He recognlsed that laklng care ol ontmals18 an e88enlial part of 8ny rAvlllsglion. Th1¥ stlll rasonatss today. Pwvgnting cru81ty 10 8nlmAls promot humane sentiments Sn humanklnd towards aiilm4ls, whlch involves moral b8nefit lo the human communlly as a whole. Wh1191 thg publ5¢ bafft Is cle8r,1118 dHficull to quanufy and must bo balanced agalnst any detrlmont The Trustees of tho Branch )nflm1 that thpy havg rèferr8d lo Ihts guklanoo Tr)ntslnèd In Charity Commlssion'g ggnar81 guldance on public bgnefll whtsn revlgwing the branth alm8 and obltrthgs and In plannlng futur8 8Ctlvlll&8 and selllng Blanch eXndIture for th8 year. We havg compllèd wllh the duty undgr thè Charflles Act 20Cfj lo have dug regard lo public benefit guldancg published by the CmISsIon. The follong sedons of thls report d88Crtbe the Branch's morn actlvW98 and performance and demonstr81o8 tho benefit provldod lo the publi& Ail our tharttable advlde8 fo¢yJ8 on promoting klndnes$ and prevonllng or 5uppr8881ng crudly to &nlmal$ and arg undertakan to furthar Ihesg charttablo purpos06 foi tho publlc benafiL A¢hl•v•mants and pgrfomian¢e In 2024 the long-3walted dog kenn918 ne8rgd complellon following 80m8 mlnor ¥ets backs. Wo now havo S kennels ready for occupancy. Cuir6nlly we are or¢¢tlng fondng around Ihe dog Igolallon biocL Furthgr fonclng of the dog kennel8 to ftJlow. We have added a nèw fabbit18olAUrm block to ald th the orvJoing rescuo of ¥abb¢t& We havo op&raled a pet food bènk from our Brom8grovo fundralslng Shop for $¢v8ro1 yeoT¥ now and wlll tx)ntinue wllh ihal Inlo 2025. Th1818 to ald thos8 p8t owngrs who ar8 $lruggllng flnandally. We have agaln a full y88r of fundralglng events to generate the much-n$eded fvndtng to n11nO our welfaro work. ond progresslon ofth& c&nlr8. In 2024 w& rthomed 9 dog818 In 20231, 328 c4ts1357 In 2023} and 55 mlscell8neou8 anlmal8195 in 2023}. We nèutered 333 anlmal8 {330 In 20231, ml¢rochipped 2831335 In 2023} arKI prothd¢d the ownarn of 60 anlmals with welfare vou¢her8 {57 In 21Y23). Our volunteer for¢¢ provide8 Invaluabl8 support In achl&vlng our obla¢18$. We would Ilkg to thonk and (nngr8tul8te 8N staff and volunteers for thblr hard work and dedlcèlion Ihroughoul th• year. Fln4n¢lal rovlèw In¢omlng rosourc93 tot811gd £970,756 (£404,408 tn 2023), includlng legad88 of £516.084. ExpenditLW6 In the year amounted to £423,8651£378,985 In 20231. Thgrg wa5 0 £3 galn on Invoskngnts. Thb resu5tsd in a 8urpIu of£552,894125,424 In 20231. We have 8een our ffixed assets rlsg In year by £55,215. A8 at 31 09mbr 2024 the Bwnch had r&s8rv&s of £2,576,004 Includlng r08trlctod morves of 262I93 end deslgnated r&s8rv6s of £2,513,411. Indudgd h1n Ihg dèslgnalgd ro8eNe Is Ihe operaung lund 01 £921,447 1£382,795 In 20231 whlch has Improved conslderably becausg of the legaoles. 1118 the oplnlon of the Trustee8 that th8 Br¥n¢h's pdict88, systsms and conlfoI8 8r8 8ufftd8t* to mlugate finanolal and repu18tion l(iss through error or fraud. Flnancial proceduros aro In for the Branch and th688 are revlewod annually.
RSPCA WORCESTERAND MID-WORCESTERSHIRE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 8lructurei govgrnancg and marbag•mont The chBrity Is consJlutod 88 an Lsnln¢orpor8led 8150¢18tion. The ch8thy operates 88 an 8Utonomous Branth of Nallon81 RSPCA$ublecl to Its rules for Branctrs (2012 edOn). A Commltlee 8leoted at the AGM govemg lh8 Branch, who are the TN8tees of the Branch. All Trust068 aro b•fed on thelr r88ponslbllillo5 as Tru$tegS Pflor lo Iheir acceptsnco of the rol6. All Trustees of the Branch glve thglr ljme freety and no rèmuneratlon w98 pald In the year. DelalL4 of TN8ts6'8 fO-Imbursed expense8 or8 di8diK88d in Note 10 to thfy 8ccount8. The Trust¢68 hold monthly maetlng8 At whlch de¢lsion$ or& m8de. Day lo day runnlng ofthe branch Is delegal8d to th8 Braft¢h Seuelary. Day to day runnlng of the anlmal ra•homlng Is d81ggalod to the re-homlng co.ordlnalors, and the da19Y runnlng of the iwo shops Is dolggatgd to tho Shop Managers, who r¢port to Ihe Truste6s. The Trust aotfvoty r8vlew th8 rlsks, whlch Ihg charfly fac88 on a reuar b8sl$ through regular mggllngs of Ihg Trustees that ojver op&r8tiond and flnanclal revlew8. The Trnsloes also gxomlno the other operational and bu81ne88 ii8ks, whl¢h have been identified 88.. Inabillty to operate a rg.homlng 8¢h8me throLP3h108¥ of incom8. Loss of reputauon through eiror oi fraud. Loss of in¢om6 through error or fraud. Insufflclonl fund¥ to covèr th8 Cx)sts of other anlmd wotfaro a¢tlvltlo8. Tho twsiees who seryed durtng the y8ar 8nd up to the dato of slgn&turo of th6 flnan(4818iat8lllgnts Wgre: Ms C Elston Mr D Hudson Mrs G Hayngs Mr8 M Rees Grfff1th8-E(Igell Ms M Walter Mrs P Botsker Ms K Gale Mrs T SmSth ICo.optèdl MrA Jonklns (copt#dI IResKJned 07102120241 Chaliporson Honor8ry Tr6asurer Honorary Secretary IAppolnted on 1810312024} (Appolnled on 1810312024} (Appointed on 1710612024} Th6 tru81988' report was aprmd by the Board ofTru8lees. Mrs G Haynoa {Chalrpgrson} TrusleB Dated.. 28Aprfl 2025
RSPCAWORCESTER AND MID.WORCESTERSHIRE STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEAIBER 2024 Charlty Law roqu18 the Twstegs to prep8r6 flnanclal statements for each financ681 ygar, wliich uives a tru6 and falr vlew of tho slate of the affalrs of th8 Charfty atKI of Its flnanclal acllv11168 for that ye4r. In PTapartng those. Ih Tru8ts88 are requlred to.. Select 8uitoble accounllng pollcle8 8nd apply thgm con818tgnlly', MBkeludggmenls and esttm8tgs that are Teasonablg and pwdenL Prepara the finend818t8lemenls on the ongolng con¢em bas1$ unlèss It Is Inapproprfal6 to pra$umg Ihot the tharlty wlll contlnuè operaung. Tho TfU8188S 8re r8spon61bl8 for keeping proper aocountlThJ fvcorfg, whlch disdose wllh reBsonable accuracy at any lime the financfBI posllon of th¢ Charily and lo engble tham to &n8ure th81 the fln8nclal stal8monts comply wlth the Chailues AGI 1993. Thoy 8re al80 re8pon8ibl& for safgguardlng the a86ets of the ChaAty and hence for taking reascA)abl8 F18P8 for the prevenlion and detection of tral and other Irr•gularftie
RSPCAWORCESTER AND MID-WORCESTERSHIRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RSPCA WORCESTER AND MID.WORCESTERSHIRE I r&port io lh6 Iru8te&s on my examln8llon of the financlal $tatsments of RSPCA w088r and Mld- Worceslershlre Ilhe charftyl for tha year 31 Dembr 2024. Rgspon81bllttlBs and of report As tho trustegs of Ihg charity you are r&8pon8lble for the preparallon of Ihg finan¢lal ststemgrtts In accordanc wlth tho requlremen18 of tho charfe$ knt 2011 {the 2011 Adl. I raport In rtsspecl of my 6xamlnalbn of lh& Charity's flnancw $tslemts carrted J1 undèr 8edlon 145 of the 2011 Act. In carrying out my exarninalion I have followed all thè tsppllcablo dlro¢tions glven by the Chs¥ty Commisston undor section 14515)Ibl of the 2011 Aot. Indèpttndent examlneY'¥ statement Since the charily's gross income exceecled £250,000 your examiner must be a member of a body listed In 8e¢tk)n 145 of the 2011 ACL I conflm that l am qualified to undertake tho examination becauso 1 om a member of tho Insttluta of Chartered Acwuntants, England & Walgs, whi( 18 one of Ih8118tgd bodi&s. Your attontlon 19 (Ifawn to the focl th&1 the chaiity has prepared ttnonclal slalmgnts In aceordanTr with A(xounUllg and R&porllng by Ch8ri1188 prep8fing thglr a(wunts In accor(t&nee wS(h tha Flnanclal Rep(YUng Standard appll¢ablo In th6 UK and Republic of Irelgnd IFRS 1021 in prtrforen¢e lo the Accounting and Repordnu by Cha17bes.' 818tèmenl of Recommonded Prnctrce Éssued on 1 April 2005 is roford to in the gxtanl rogu18tions bul h88 now b88n thdraWn. I lderStand that th18 h83 beèn done In c¢d8r for flnandal ststemenla to provlde a true and falr v18w In a¢cordanc8 wlth Gon6ra1lyAopted Awjuntlng Practth èffactlve for reporJng p8rlod8 beglnnlng on or aftor 1 January 2016. I have completad my examlrkallon. I conflm that no matters hAve com8 lo my Bttenllon In connectkjn wllh Ihe 9xaminatlon givlng m8 causg lo bg11gve th9t In any ma18rial r05pect- accoundng rewrd8 wer8 nol kgpt In rg$pe¢t of the chartty es requlrod by secllon 130 of the 2011 Aot or the finandal 81slèrnents do not auord wth those reoords., or tho iln&ncl&l slglemonts do not comply wllh th8 8ppll¢ablo roqulroments ojncemlny Ihe lorm 8nd confont of accounts Sot out In thé Charitte8 IAccounts and R8POrt8) Regulations 2008 other thon any requltemènt that thè accounts glvo 8 tru8 and falr vSew whloh Is not a matter ¢))nsidered a8 Part ol an Imlepgndent axamlnatlon. nc8fn6 and h8vg come acr( no other matter$ In crMn8cllon th th8 exarnln8tson to whlch d bB drown in this report in ordor lo gnable 8 proper understandlng of the In8ndal statements lo on zabath Negdhom ACA CTA IVAT) Kendall WBdley LLP Qranta Lodge 71 Graham Road Malv8TTI Worce8tershl WR14 2JS Dat8d: 28 Awfl 2025
RSPCA WORCESTER AND MID-WORCESTERSHIRE STATEMENT OF FINANCIAL ACTNITIES FOR THE YEAR ENDED 31 DECEMBER 2024 urrent flnanclal yttar Unrostrlctod Restrlcted D¢8lgn#t•d fund8 funds fund$ Totsl Total 2024 2024 2024 2024 2023 Nots• DOnaon$ and legacles Charltablo a¢ttvllie& OU)or trading acllvltlo8 Inv881Ments 696,464 58,678 5,000 60 83,209 755,202 88.209 122,361 10,984 179,103 53.671 168.060 3,574 122-,361- 10,752 232 Total Incomo 829,57T 63,910 83,269 976,756 404AO8 Ralslng lunds 81.374 81,374 90,210 Charttabl8 adlvlt198 49,875 37,291 265,325 342,491 288,715 Totsl exp9ndltur• 131,249 37,291 255,325 423,865 378,985 N&1 gain8 on Invgslmgnts 12 Net In¢om0 698,331 26,619 1172,0561 552,894 25,424 Gross transfer8 balween fund8 14 (698,381) {41,589) 739,920 Net movom•rt In funds (14,970} 567,864 552,894 25,424 Fund b8lan¢as 811 January 2024 77,563 1.945,547 2,023.110 1.997,686 Fnd balane•$ ot 31 D9Mb•r 2024 62,598 2,513.411 2,576.004 2,023,110 The ststemenl of Inanclal aclvNles Indud88 all g8lns &nd Ios808 recLyJnised In the year. Al Incom8 and expendltur derfvg from confjnulng a¢lvAIo$.
RSPCAWORCESTER AND MID.WORCESTERSHIRE STATEMENT OF FINANCIAL ACTIVFTIES {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Prlor flnanolal yoar Unrtgtrfcted Restrict•d Da¥lgnated nds fund lunds Totsl 2023 2023 2023 2023 Donations and legacles Charttablg a¢Uvllles 0th8r Ir8ding a¢fvi1188 Inv¢stments 125,936 53,107 179,103 53,671 168,060 3,574 53.671 167.657 3,408 403 Totsl In¢omg 297,001 53,678 53,731 404,408 R8islng fvnd8 90,210 90.210 Charltabl6 8cU¥Mle8 30,589 30,967 227,219 288,775 Total èxpendlture 120,799 30,987 227,219 378,985 N81 galns on Invosknents 12 Net incomg 1 (oxpondlthrel 178,203 22,709 1173,d881 25A24 Gross transfers betsveen fvnds 14 1178.203) 1245,4101 421.618 Not movement In funds {222,7011 248,125 25,424 Ftsnd baiances al 1 January 2023 300.264 1,897,422 1,997,686 Fund balaneos at 31 D•cember 2023 77,563 1,945,547 2.023,110 The glalement of ftnanclal aollvlUo8 Indudos all galn$ and10s8gy recoun180d In the r. AJI Incom8 and expendlluie derive from cont1nIng acUv1e8.
RSPCAWORCESTER AND MID.WORCESTERSHIRE BALANCE SHEET ASAT 31 DECEMBER 2024 21)24 2023 Note8 Flx8d assot8 Tanoibb assots Inve8tments 15 1.591.964 22 1,562,702 19 1,591,986 1,562,771 Current a8$0ts Debtors Cash at bank and In h9nd 18 99,769 929,457 26,785 492,948 1,029,228 519,733 Crgdltors: amounts f4111ng duo wlthln 0Y 19 145,2081 {59.394} Net curronta888ts 984,018 460.339 Ttstal net a•8èts 2,576,004 2,023,110 Incomg funds Designated funds 22 2,513,411 1.945.547 TolBI unrestrfj¢ted funds Rostrlclod fiJnd8 2,513.411 62,593 1.945,547 77,563 23 2,576,CK)4 2.023,110 The 8¢OUnt$ were approved by th8 Truste88 on 28Aprtl 2025 MY8 G Hayne8 {chaIrGOn}
RSPCA WORCESTER AND MID.WORCESTERSHIRE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEAIBER 2024 2024 2023 Note8 Cash flow8 from operntlng actlvltlg$ Cash general8d from oparattons 26 480,740 32,456 Invostlng actlvltl¢s Purchase of tsnglblo flxed a88èts Inveilmont Incomp recelved (55,215) 10,984 1247,4411 3,574 N¢t cosh u8ed In Inv•8tlng octlvlllos (44.2311 {243,8671 Net ca8h used In flnandng a¢tlvltlo$ 14ot Incrga$olldgcrgaw) In oa¥h gnd cash 8qulval•nts 43B,509 {2T1,4111 Cash and ¢a8h 6qufva8nts at beglnnlng of year 492,948 704,359 Cash and $h equlvalenta at ond of year 929,457 492,948
RSPCA WORCESTER AND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Aceounflng pollcle8 Company Infomiatlon Royal Soclety For The Prevenllon of Cruelty To Animals Worcgslgr and Mld-Worc6sler branch Is a unlncorpor8ted 88soclaUon reglstered In England and Wal88 charfty nUm"r.. 205930}. Ils reglstorsd addrgs8 Is Thè Holdlngs, Holdlng8 L8ne, K6mp8&y, WR5 3FP. 1.1 Accountlng convontion The accounts hov8 been preparèd In accordance wllh the chartty8 n¥t[lOn. the Charft188 Act 2011, "Accounllng and Repong by Ch8rides.' Statement of R¢¢ommonded Pra¢tlca appllcobb to ¢harf9S preparlng Ihelr acLx)unts In ac(x)rdancg wlth the Flnancl81 Reportlng Slandard appll¢able In the UK snd Republlc of Iland IFRS 102) Seclion 1A' las amended for accounllng perfods comrnencln9 from l January 2019) and the FSnAnu81 Reportlng Slond8rd applicable in Ihe UK and Republic of Ireland IFRS102).. Tha tharlty18 a Publlc B&n6fi1 Enllty 88 dgflnetl by FRS 102. Tha finAnal Ftrtsmants havè dèpartèd from thè Charllles (Accounts and Report81 Regthatbns 2008 only to tho extent r&qulwd lo provSdg o Iruo and falr vlaw. Thls departure ha& knvolved following the Statsment of Rgcomménded Practlc& for Chad$ 8ppIWng FRS 102 rather than the vèrslon of tho Slatsmanl of Reeommended Practice which18 referred lo In the Repulafjons but whlch has slnce beon vhthdrawn. The financlal statsments aro prepa1 In 8t8rllng, which Is the funcak)n81 currency of the chgrfty. Monetsry amounts In these ffinanclal 818t8m0nts are rounded to the ngarest £. The finanel81 statem8nts have b8en prepar8d undor th6 hlslorfcal 181 oonvenllon, modllW lo Incljde c8rfafn )Inanclal instruments at fair valuè. Th8 4ndPa1 accounting poli¢10$ adDpled are sot out bdow. 1.2 Golng con¢om At tha llmg of approvlng Ihe flr*enclol st8tsments, the Iruslegs havo R reasoiiable ¢xpect8tion that the charfty has adequat& resources to conllnuo In ¢)pgr8lional exlslenc8 for thè foreseoable fvlur6 and that th&r8 are no malerlal LFncertalnlies about its ability lo continua. Thu$ tho trustse8 cDnllnu8 to adopt the oolng ts)n¢¢m basis of ac¢ounUng In preparfng the finondal stalemenl8. 1,3 Charitable fundg Unrestricted fund8 arè awlable fGf use at tho discr9Uon of the tru81eè8 In furtherance of thelr chhrttable oblecttv8s. Reslrlclgd fuThl$ are 8ubJ8ct to 8P8clflc condNlon8 by donors a6 to they may be used. Thé purposes and uses of Ihe restricted funds 8re set out In tho notgs to tho flnandal slatomonts. Dèsignated fvnds represent fixed a888ts. Tho purtNMos 4nd uses of the resthcted funds are set out in the notes to the notss to tho finan¢i818tal8m8nts. 1.4 Income Income Is recognlsed whon th6 charlty Is legally entillod to118flgr any perf0rrnBn ffsndluons have b8gn mel, the amounts ean bo moasur8d rell8bty, and It 1$ probable fjhat income wlll be r7ved. Cash donallons ar9 raoogn180d on rec01pL Other donatlons arg r8(wnlsod on¢e thg charlty hBS been nolffled of the dtsnathon, unle88 perfonnancè condilons rgqulr8 daferral of Ihts anK)unt. Incomo tax recovèryable In relat1 to donaElons recèWI under Gfft or deeds of coYenant18 recoJnlsed al the tlme of the donollon. Legades ar& rocognlsed on recèlpl or otherwls8 W thè eharSty ha5 béen nolHted of an Impendlng d8lrfbutlon. the amount 1$ known, and recelpt Is oxpected. If Ihg amount is not known, the legacy Is treated a8 contlngenl asseL 10
RSPCAWORCESTER AND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollclg¥ IConlinu•dl 1.5 Exp•ndlturè Liabilities are regnIS&d 48 expenditure os soon as there Is a legal or con8tru¢tiv& obliuatlon committing th8 charfly tr) that oxpendtture. tt is probable that $ottlfjm8nl wlll be roqulr¢d and the amount of the thjllgallon can bo mea8urad rellabty. l expendlturè 1$ accounted for on on o¢wals basls. All expen$&8 Includlng #upport costs and ocwèrn8nc ¢08ts 8rg allocated or apportloned to the 8ppllcable expgndlture headlng$, Resour¢es expended are induded in th& Stslomfynl of Flnandal A¢tNitses on an acuuals basi8. indusive of any VAT whlch cannot be recovered. Cgrtain 0Xnd[lura Is tlSTgcify attslbUtse to specif acllvilies and ho$ boon included In those cost eatogodos. Certaln other costs, whlch ar& atlrfbutable lo mora than ortè advty, are apportloned acros8 Cost calegc*8 on th& bas18 of an esllmato of Ihe proportlon of Ilmg $pgnt by staff on th¢)s¢ gcuv1tS. 1.6 Tanglble flxod 9889t8 Tanglblg flxgd assets are Inllldly mga8ured at cost arHI subsLI0n11Y moasurod al cost or valuallon, not of deprecl81ion and any Imp8lmwnt Iow8. Dap18tOn 18 recognlsed so as lo wrtte off thè cost rjr valuat1 of è888ts1688 Ihelr rosldual valuès over Ihelr us¢ful lives on the folloimng ba808'. Freehold land and bulldlngs Recepuon Kennèls Animal shelters Flxtures and littln98 Equlpment Motor vehldey Maryuee atKI Caravan Rabbll unll 50 Years Stralght Uno 50 Years Stralght Llne 16 Yèars Strdtghl Llne 3 Yeors Slralghl Lln 4 Yegrs Slralghl Llnè 4 Y8ar8 Stralghl Llno 10 Years Straight Lin8 16 Years Slralght Llno Thg galn or 1088 art8Sng on thè d18p1 of a88al 18 detsmlned as th6 diffèrèncè b8tw88n th8 8a18 procegdg and Ihè ¢arylng valu6 of tho a8891, and Is rwognlÉed In th8 statement OffInand a¢tfv11198. Th6 R8bblt unll Is not yot ¢pIet$ and theréfore d&pred&tion has not been Chgrggd In th8 yèar. 1.7 Impalrm•nt of flx•d o¥wtg At &ach reportlno end dote. th¢ ¢hdrfty revlews the carrylng amount8 of Its tangle as86ts to delem)In6 whether there Is any Indlcallon that th0 ass8t8 h8ve 8ufferFJd an Impalrment lo88. If any 8uoh Indknotlon 6x18ts, the reVerable amount of ¢ho assol 18 8stimat9d In order to detemiing the gxlonl of the impairment loss lrfany). 1.8 Cash and tash equlvalents Cosh and $h oqulvalents Includ& cash In hand, d8ptssi18 held at ¢011 wth b4nk8, other short4am Ib]ul Invèslments th orlgln81 maludUe8 of ts¥e months or lèss. 11
RSPCAWORCESTERAND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 A¢¢ountlng pollcl•a Icontlnuad) 1.9 Flnanclal InstMrnont8 The chartty has elected lo apply tho provlslons of S8cUon 11 'Baslc Flnanclal In8trumen18' and Sectlon 12 'Other Finan¢181 Instruments IBSU9S' of FRS 102 to all of its finand&l Inslrumanl$. Fln8ndal Inslrumgnts ar8 recogn188d In tho ¢harfty'8 b8lanc6 $ho81 when the tharfty berthi&s party to Ihg contractual provl8ltsns of th& Inslwmenl. Flnandal as68ts and Ilablllttè$ are offset, wlth the nal amtsJnlB pr08èntsd In Ihe fin8nclg1 stal8ment8, when Ihere 18 o legally enforcoablg rfght lo sel off the recognlsgd amounts and there18 an Intenllon to $8tUe on a net b88ls or lo reallse the a8801 and 80tt18 the Ilablllty 81multanooug1y. 8a81¢ flnènclal assets B#8lc flnanclal a888ls, whld) Include dabtorn anil Cash and bank balances, meosured tran$Bclton prlce IncludirMJ transaotion costs. Financial ass&ts dassffiod as recalvablo wlthln ong year ar8 not omorli86d. finanw-al Il&bllltl08 8881¢ financial Ilablli1108, Indudlng c4edllors arg InSU81ty r9gnI60d 8t tran8acllon prlee. Flnand&l Ilablllueg dassifled as poy8ble wlhirb one year are not amrtised. Trade IxedltOY$ are ob1JrIO8 to pay for good8 or seThicg8 that h8va been allEr6d In the ordln8ry courso of OP8rallon8 Irom Suppllors. Amounts payable are daSS8d 8$ ourrenl 114bllltle8 If payfft¥nt is dua wthln one yoar or1è8s. If not, Ih6y aro pres&nt8d as non-current Ilablllllo$. Trade creditors ar8 recognised Initlally ot transactl¢)n prfcg. Derè¢(wnlUon of ffnan¢l81 Hablllugs Flnand81 liat4lllle8 are d¢rgcognl8ed when the charity'8 ¢onlr8¢tual obllgthn8 exptrg or are d18charged or oance1. 1.111 Employée beneflts Th8 C05t of any unu8ed hdltlay 8nlWement Is reix)gnF88d in thg pgrfod In whlch ihe omployg9'S sorv18 8re recelvod. Termingllon bgn8fits ara reGogn188d Imrnedla161y a8 an gxpgns& whon Ihg drlty18 d8nK)nstrably commllted to tsmilnats thè enwloym8nl of an &m0ye& to provlde tormln8tlon b&n8flts. 1.11 R•tlrgm•nt beneffts Payments to defln&l ¢(lblIOn reuremenl bon8fi18¢h8m88 arg eharyaed as an 6xpan8e 88 tY fall due. Crttl¢#l u¢¢ountlnu e8tlmats¥ andJudg8monts In the applkallon ofh8 charlty'8 accounllng pollc108, the tWBtee$ arè requlred to rngkè Judgements. 68fjmateg and assumpllons about tho carrylng amount of ass61s and Ilabllill8$ that are not readlly 8pp8rent from othèr 80vrco8. The eslimales &nd as8ocl8ted a98umpUons are bgsed on historical experience and oth9r facloTS that are consldefed to bg relgv8nt. ArAu81 resutts may dlffer )]i)m Ihese 68tlmate8. Thè ethiat8S a1 underfySng ¥ssumpt4ons ar8 reviewgd on an ongolng basls. Rev181ons lo accoununo gsllmales aro reeognl8ed In the p0d In vthlch Ihg 8sllmale Is revl86d whwe the r8vision affects only thgt period, or In th& porlod of the rgvlslon and futur8 porlods whor8 the revlston affgcts both current and fLrture perbds. 12
RSPCAWORCESTERAND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Donatlon8 and ltyacles Unrestrlctod R•thttt•d Designated funds fund¥ fund¥ Totsl 2024 Total 2023 DonalSon$ and glft8 Leuacl&s recolvable tk>natsd goods and servi¢6s Door to door campakJns 153,564 516.084 5,000 21.816 58,678 212,302 516,084 5.000 21,816 101,652 54,357 23,094 696,464 58,678 60 755,202 179,103 For tho year •ndod 31 Docgmbor 2023 125,936 53,107 179,103 Charftablo acllvltlos C•ts& s1 Totsl 2024 rotsl Salo of goods Adopilon f89s RSPCA Carè Contrlbutlon Rechaige8 to other branch Donations 4,394 28.025 35.089 537 5,000 404 2.805 4.798 28.830 35,089 14,492 5,000 4,41V 32,160 5.237 11,8&fy 13.955 71,045 17,164 88,209 53,671 Analysb by fuNI Restrtcted funds De8lgn8tsd IUnre8tsfoted fuNls) 5,000 66.(145 5,000 83,209 17.164 71,045 17,164 88209 For the year ended 31 December 2023 Doslgnotgd Iunrestrlcted ftFnds) 50,707 2,984 53,671 13-
RSPCAWORCESTERAND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Oth•r tr4dlng actlvltle$ Unwtrlctsd G•n•ral Rostrlctsd fund fundts Total 2024 2023 Fundralslng Other tradlng Incomg- Shop 9,092 113,269 9.184 158,876 113,269 other lrndlng activ5$ 122,361 I22,1 188.060 For tho y•ar •nd•d 31 DeMbOr 2023 187,657 403 168,(KO Invè8tménts Unrestrlotod R•strtd fund8 funda Total 2024 Total 2023 Inlere3t reodvabie 10,752 232 10,984 3,574 FOT tha ywr •ndèd 31 Dgogmbgr 2023 3,408 166 3,574 R•l8lng fund8 2024 2023 Charlty 8hop3 8taff o)sts Renl 48,687 25,152 1.146 1,961 56.041 22,750 1,842 3,795 144 532 2,967 609 Eloclrfclty Repalrs and majnlènance Insuranc& rill costs T61gphone Bank ch8rge8 Sundry Professlonal fees Equlpmgnl gxp8nse8 1S 2,479 1,254 343 834 47 81,374 90,210 14-
RSPCAWORCESTERAND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Charltable aotlvltlgs C41* & Small Anlmds Dog8 AnSmal Hom OenBrnI Fund Fd Total 2024 TotHI 2023 Staff costs Doproclalion VeleTlnary 8&rvlce8 Support CO8t8 Welfare 129,124 26,001 129,124 26,001 85.779 11,984 2,437 111.857 17,005 84,745 11,508 2,104 75,619 10,160 11,984 897 1,540 76,518 11,YOO 167,109 255,325 227,219 Sharo of 8UPPOrt costs see noto 9) Share of govornance CO8ts186? nol8 9} 84,018 84,016 58,406 3,150 3,150 3,150 76,516 11,7QO 167,109 87,166 2.491 288,775 Analy$ls by fund Unrfrslrldod funds Roslrlcted funds Deslgnated lund 49.875 37,291 49,875 37,291 255,325 76.616 11,7LY) 167.109 76,516 11,700 167,109 87,168 342,491 Forthe year ended 31 Dec•mbor 2L123 Unresbfjcted funds Roslri¢ted funds Deslgnated funds 30,589 30,907 30,589 30,967 227,219 75,858 10,991 140,370 75,858 10.991 140.370 81,556 288,775 15-
RSPCA WORCESTERAND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 Support ¢osts support Govemance co¥ts ¢ts 2024 20YJ 8881• of allocat10n staff costs Oporallng18a8e chaygas Reglon81 contribullon Ratss Insun¢9 Eleotslclty Ropalr8 to proporty and equlpmenl Postagg, statk)nery &nd 8dvertlslng Telephone Bank oharg88 Sundry P)f1(al fee8 Equlpmont rill 12,518 2,564 551 712 2,673 11,001 12,518 2.564 551 712 2.673 11,001 11.169 5,146 551 2,720 2,079 6,196 15.997 15,997 6,177 1,171 2,082 764 2.791 22,135 7,740 1,317 1.171 2,082 3,154 477 6.969 6,214 2,791 22,135 7.740 1,317 1,289 Ac0jntanGY 3.1SO 3.150 3,150 GovgmarKe 84,016 3,150 87,166 81,556 Analysed betW86n Charltablo a¢tlvfU?o 84,016 3,150 87,186 61.656 G(weman¢e costs indudes payments to the accountsnts 01 £3,150 12023: 23,150) for Indep8nd8nt 8xamlnation fe98. 10 Trustsos A total of £6512023.. £21) was r&lmbur8&d b iwo m&mb¢rs12023'. OM member) of Ihe Managlng Commltto& In the year. Th18 represènts dlrect re•lmbursgmenl ol expondllur8 dèfrgyed In ac4uldn9 goods on behalf ()f th8 charfty necessary for th8 nnUance of charitable a¢tivlli8s. No member of the Managlng Committeo h&s rocglved or is due to r6¢ewe any remunoralion for the year dlrectfy or indirectty trom thè CharfW8 fun(ts. 16-
RSPCA WORCESTER AND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 11 Employ•o9 Numbor of emplo¥ The svèrage Mthty numbor of emptOy068 durlng Ihg yearwas.. 2024 Number 2023 Numbor AdmlnlstrBllon and re-homlng Pacility Charity s>p$ 10 10 Empioymont ¢osts 2024 2023 Wag68 and salarfes Social 8trcuitty costs Olher penslon ts)sts 179,967 7,289 3,073 171,136 6,259 2,871 1W.329 179,066 Thero wora no employe08 who88 annual iemun9ratlon was £60,000 or mora. 12 Net galnslOo$$g$1 on Inve#tmonts UhroBtrl¢tsd Unreslrlctod funds fund¥ 2024 2023 Rovaluadon of Investments 13 Taxatlon Tho charfty 1$ oxempt from t8xAllon on hs A¢tIeS bettau$&all Its Incomo L8 appllod for d)8rttablg piirpo$b& 17-
RSPCA WORCESTER AND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 14 Transfvrs 2024: A transfer of £41.589 has baèn mado frf>m r88tricted funds to unrestsidad fund8 Ihls cL*nslst8 of £11,564 kerin8ls and £30,025 bbIt iso monles spend. A transfer of £55,215 has b8on made from unrothcted fijnds lo d88lgnat8d thnds to refloct thé Increase In the valu& of tanglble flxed assèts arfslng from addllbns In the yoar. Ail other remainSng unreslrlcted funds £684,705 are deslgnalgd to th6 oparallng fvnd ft)r the forth¢omln9 perlod. 2023- A transfer of £245,410 h83 been made from restrlcted fiJnd8 to unrgslrlthd funds Ihl$ consists of £243,086 k9nno1s and £2,324 marqueb8 monS88 spend. A transfer of £247A39 has bgen mad& frum unrèstrlcied fvnd8 to déslgnot9d to 1ofle¢t th6 Intraa88 In th¢ v8lu8 of tanglble flxgd as8gly arfslng from addluons In tho year. All other iemalning unrostslcled funds £174,174 oro deslgnaled trj tho op6rallng fund for the forthcomlng pfyrfod. 18
RSPCAWORCESTER AND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEIAENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 16 Flxgd assot Invgstmonts Unlltytsd InvlMonts ¢o$t or valuatlon At 1 January 2024 Voluallon chang88 19 At 31 Decembor 2024 C4rrylng amount Al 31 Dacgmb8r 2024 22 At 31 0@mber 2023 17 Flnan¢lal In8trumont8 2024 2023 Corrylnu amount of flnanclal a880ts Instruments measured at fatr valua Ihrwh profil or1088 19 18 Dsbtor6 2023 Amounts falllng duo wlthln one y•gr: Trad8 debtors Oth6r debtrjrs Prepayments 8nd accruod Income 9,561 84,784 5,424 12.376 12.034 2,375 99,769 26,785 19 Credltors: amounts falllng due wlthln ono yoar 2024 2023 N¢)tg8 Deferred Income Trade credito Acuuals 20 10,000 24.059 11.149 39,306 20,088 45,208 59.394
RSPCA WORCESTERAND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 20 D•l&rred InGom• 2024 2023 other deforred Incom 10,0( Def•rr8d Incom918 Inoluded in the flnandal 8talem8nts 88 follows.. 2024 2023 Def¢tTed Inoorno Eg Includèd wtthkn.. Currant ligbllltlgs lo,j0 Movgmont8 In th& Yr. Deferrèd Ineomo 811 Janu8ry 2024 Re1&88ed from pr8Vtws pariods ResoLsrces dèferred In the year 29,792 129,7921 10,000 Doferrod Inme al 31 Doc8mb8r 2024 10,000 Dgforrgd Incomg relatès to mon188 rec4tv8d Sn rolatknn to Kannels Staff. 21 RoYr¢mgnt bfjneflt s¢heme8 2024 2023 Dgfln#d ¢ontrlbutlon s¢hemg$ Charge to prgfit or1088 In re8PQCt of deffned contrfbuuon schomos 3,073 2,671 Thp oharlty Opgralos a d8flnéd conlrfbuuon penslon 8chama for all quallfylng gmployeos. The as6ets of th8 scheme held sèparately from those of thè Gharity in an indgpendenlly admlnistgred fund. 21-
I
8,88
RSPCAWORCESTERAND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2024 24 Analy818 of net wots bètw•on fvnd8 Rostrlctsd Doslgnatsd fundB funds Total 2024 2024 2024 Fund balances * 31 Dgcombor 2024 aro r•prtsont•d by: Tanglble a8sets Investments Current a08ets1vi0lIltto5I 1.591.964 22 921,425 1.591,964 22 984,018 62,593 62,593 2,513.411 2.578.W4 Rg$trl¢tsd D19n4 funds fund¥ Totsl 2023 2023 2023 Fund balan¢ at 31 Docèmhei 2023 are r•prosontsd by: Tanulble a880ts Inveslmonts Current 8888ts1{liablllties} 1.562.752 1,562.752 19 460,339 77,563 382,776 77.563 1,945,547 2,023,110 25 Rolatad party Iransa¢tlon8 Durfng tho year th6 Worctsler and Mld-Worce8tershlr& branch bought goods anuntIng lo £24,177 12023.. £11.177) from the RSPCA Soclaly. Al Ihe year end th• amount due lo the Socloty amounted to £5,02412023.. £2,534). 26 ¢a$h gonorate(l from op•ratlon8 2024 2023 sUlUs for tho ye8r 552,894 25,424 Adluslments for.. Invè61menl income recognlsgd In 81ot6m8nl of flnanclal act1vl18 F81r value g8ln8 and losses on Invastments Deweciatlon and impBlmignfi of tanylble fixed a880ts 110,9841 131 28.001 13,5741 17,005 Movemgnts In worklrvj capltal: {Inrreasel In debtor8 {De(xease)nncre88e In cr8dttor8 Incrooselldecrèasel In deferred Ineom8 (72.982) 124,186) 10,000 11,385} 24.779 {29,792} Cabh genoraf•d from operatlonts 480.740 32,456 -24-