Charlly R•gl•ts8lltsn No. 205930 RSPCAWORCESTER AND MIDNWORCE8TERSHIRE ANNUAL REPORT AND UNAUDITED FINANCJAL STATEMENTS FOR ThE YEAR ENDED Jt IKCEMBER 202J
RSPCA WORCESTER AND MID-WORCESTERSHIRE LEGAL AND ADMINISTRATNE INFORMATION Tru•tso• Mf D Hudac Mr¥ C Hayn98 Mr8 M R808 Grtm1hIgOll Ms M WalW8 Mr8 P Bocther MrA Jenkl Mre T Srnllh M8 K G919 MrJ P Gro¥•8 Mr RW Pkar Ms M L K8(fvM Hwary Trea8u (RP i(UO3ttI (Cwrled 20rn1120251 (R•819n 251011202e) IApFthtsd 21105r20251 (Coll0•d 0gICeJ20251 Churlty numb•r Rogl•t•rod offi¢• ThB Hold1& Holdlng8 Long K¢mwy WR6 3FP Ind•pond•nl •xarnln•r Konthl Wadley LLP Grants Lodgo 71 Grohttm Road Worc•oterthtrg WR14 2J8 aank•rn Lbyth Bank P d The Cro•* Worler WR13PY 8ollcllOrn 3,4 & S San8omo PIKa WRI IUQ
RSPCAWORCESTER AND MID.WORCESTERSHIRE CONTENTS Pag• In<10¢ r Stat¢m•nt offin8Th thtl•J 091on¢• eho•1 Notso to actots 9-26
RSPCA WORCESTER AND MID.WORCESTERSHIRE TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 Thg tFu81gw pwenl th&r ofin r¥wYt ond yw 8TNled 31 01026. The accounts have been pTapafOd In anc wlth th& occounung po&8 Bèt In not• 1 to tha aecour)ts and Comply wllh the ¢harttlB ¢on$uiuUon. ts Ch8ri1kn A¢1 2011 8NJ "Ao)JunUng Re[rtIng by ch6rili68'. statsrnent of Recommended Prackn awlket4e to Ltslll88 pr8path3 •CntS In wxdanca wfth Ihe Fkn8ndAI Rap)rUNJ St8ThJard applICat In tha UK And Rq)Lth)Ic of Ir¢lgnd IFRS 1021. 181 8nwdod for JunllNJ perloth 1 J•nu8ry 2019). Obl•¢tlv•• 8nd •cthfltlo• Th• oblecis of the Branch ar¥ to prcfflots and 8llPlXXt 8od•ty ol th• RSPCA, vAth phrllcul8r r¢f¢r¢nc to th& doJnalod Br8n¢h we8. AIng the Rtylonol Insp•¢twty of ts Nallwl RSU by In fm mtreet&s, 8b•ndoMd anlma18 Includlng pets whose th¥nsrn $uffor flnandal dlffl¢uttle or po85 away. The SOC$ In8pe¢toral& r•6cu88 anlrnals In d16lre88 and enforc66 la agaln8t enjel mhlrnalm8nt of anJmal8 by brlngkng_ pr06Kullan8. Th18 work 18 kgy to tho "provgnllon or suppren of Part of tho RSPCA obcts. wd promotes humano 8enUmgnl8 towardB anlmal6 iThvolvw mord b8n•llt to hurfiankll a8 8 whol8. find fjultablg new hm9 for ts 9n1M8 In ow cgr•, and lo provth 8 $•Nlc• to tho publk to g811$ty thglr fornlly pet owner6hlp requlrernent8. To do Ih4B wo operato a rehomlng proLwamm8. Anlmah In our care r8clve vgtatlnary tr8otm8nl, vecclnatk)n. ngul8rfrffJ, nlcrnchlpplThJ and arn a88898od for wa rahomo onlmal• I low co•t to Ihope wllln9 8nd 8t4e k) a corrwkn gnlmol. Our o)Iky lo ch9 a ToABonEi)kg adoputsn f¥• ftjr anlmd8 alm8 to hlgNWt Ihe fin8ndd reSpSIbI1ty of pet uwn8r8h. 11 would rKt bo In Iha bejt Int•r08ts of ¢nlrn81g. and Ihoroforg would 1811 ou191do our oblects. to to Iho80 who c)uld not th$m. We tsk# h) Iroo ol dwrgè, loot anknalb and tak• 8thp8 to thom ¥rfth Iholr Th15 wcyk bonefftg ¢¢mmunMy, Indudlng the knal aulrtY0• by 8thwl8 8tr&yJNJ and a rfik to pooFAe Ihrough road tr8fflc a¢¢ldent8. W• r•8p¢nd to trU1rfétt from th• wt4k alxxrt Ix•lly. TN• l• • b•n•fft tr) th• pJLqle kn ¢an Intsrvene to ao8Lryl anlmalts h) need. W• provk40 rJpptyknlU•6 IhLth to surwt wr work. IndLpJlt¥J TwoMhb>, IlefIng and lundralBlng. Th18 ben8fftB Ihe by lbINY of dolng wnp888lonts, r6vJardlng, end offern $od81 cLphIp. We provth flnandal h for people on luw IncL¥ne to n8Ut•r nxothlp the famty tts to 4vdd unwantod feproductkin. Th18 n&fits pr¢MiYtkng r•8pOne1 W 0r$hIp. Wo wovld•, h c•rtakn elrcum8tsnco8. fv)andal wHh v•torknory cos18 to on Thls OP by gfvlng Ihom fThnc4al tdp lo obtskn 10 for Iholr onhN Ilh provld• tho publc wlth ailvlca 8j IKernbJr• ccn¢•mkm7 lh• ¢w• ar•J th•lr kwts. Th1$ beno15ts th• bllc by PTorTh)Ilng rospon3lble owrffiBhl). Wo proW¥ trn0n1$ tr fw¥l ¢x4ry40¥ 1MOn mrrtmltloq, to avold 04Mngkffi of th8 ¢t coknnles, whkh Ydjuld Ott[ rAuJe nul8anc8 and dl8treBs to Iho88 Ilvlng naarby. To con18 to 9onw8t¥ suffidl Inccrn to mthtsln Brwth 810& Thg m81nt8n8nco of Brgn¢ Intemgt $1108. to kw of a¢lfvllleB, and to Ihem awa olour 0MJ8 neethg hom88. Regular we88 putrAlcty. to furlhorow U89 aml malntakn wrreimjtthi as an welkn orgthsatbjn. In the yoar h&¥8 op8f8t9d psl focKI Thts bond18 lh• tthlc In thwn to keop rnuch kJv8d pots In d11tflnanclal ckcumslance8.
RSPCA WORCESTER AND MID-WORCESTERSHIRE TRUSTEES, REPORT (CONTINUED) FOR ThIE YEAR ENDED 31 DECEMBER 2025 Al charW08 In Englgnd and Vlakn mu8t havg Ihgt forlhe publk b8n8fi1. It not orKMNJh that Iha RSP¢A's work beng11ts anlm815. Rh8rd Martln, one ol the RSPCA'S nlnthnth ¢enlury found6rs, Idonlflo Ihe Soclely'6 pdmo olm 88 bdng to alter tho Mord faehngs of th9 Cntry, H8 rwnl88LI that taklng cara of 8nlrn81819 8n 08sentl81 part of any dvlll80lhJn. TNS stll rg8On8to8 loday. Pr8vonUng crudty to 8nlmalB promot98 humane sentiment8 In hurnanklnd towords 8nSma18, whkh IVVe6 mor4 Ine1 to Ihg hum c(xnrnunlty a8 A whda. Whll81 tha sxé)Ik bentrfft doar,11 L8 dlffiBLdt to qugnffji ond mLWt b8 bal8nc•d ogainBI any detrlmenl. The Tru8lee8 01 tho Br4nth o)nfim thal hy have rolwrnd to the contafned In the Charfty Comm188lon'8 gonor guldanc• on benefit wln roy1 tho tanth rA48cllv88 and In annIng fvIuf¥ A¢tlvlUe8 #nd 8eltlng Br8nch 8xFkgndllurn for the yoar. We hav8 C¥)Mld wlth Ihe und8r tha Ch8rf11¥8 Acl 20C6 to hov• ward to w141¢ bel vJkJan pthhed ty thg Cthnmknhm. Tho 10110544ng aeLkJn8 01 r•wrt d¢b• Br8nth'8 maln and wrfcrtnwco 8nd d•ntr)n8tr&le& the ellt provbjgd to th9 wb1. our chartla• foLw ffi prung klnth888 and preventlng or 8uppre•s1 ¢ruelty to ankna18 aThl we underfaken to furthor Ihojo ¢hadtAtA& purpo ft>r Ihè publc ban&fll. Achl•v•n•nt• •nd wftym•no• In 2025 Ihe longwaw8iiad bk& wa6 wg nthv for S d(y. PcIn9 w pAeGtsd oround fv kenne5 bhx We havo conllnv8d ¢0 op8rat• food bank Ifom Brmgrty 8hop to 18th1 In finan¢l81 n99d 8nd 11 nIO to do IN8 In 2028. Ayaln In 2026, wa h8vè 4 full year ol fundffj w•nt8 lo gwato nwx41 nood8d Inc)mè to contknug our wllar• and Now•89knn of lh8 wtr•. In 2025 rohomod 3 ¢Joo819 In 2024) 198 ¢alo {328 kn 20241 •rKI 32 mlK41kno¢xM anlm818 IB5 In 20241. We neutered 186 •nlma181333 In 20241. bnlco0(ppBd 1361283 In 2024) the cl $6 anlrn vlth welfarb VoucrI leo In 2W241. Our volunt•or l(Y( provlde8 Wu$blb 6UPFrfXt In #Oh4 our rtjJoB. W• •hd Uk• to lfik and congr8tuLql• 418laff and lUnteerS for thdT h8Fd ar c•rr¥thnt throUghrt thè y•ar. In 2025 wo undwtcth tho to move to a movo kn a ch•1ty modol. riamoty a Chwltable IrKorporotad Organlmllon {CIOI. Fr¢Jm 1 knuary b•wm• RSPCA Wor¢88tor and Mk1 WCff• Brnn¢h CIO vAth nth¥ number 1214380. FIMnd•l r•vl•w IrKoma t¢>l8110(1 £411.439 1£976.756 In 2024, vthl¢h kndudod 180ode8 of £518,084). Expondknrg kn tho ygar amounied to £442,893 1£423.865 kn 2024). Thwe £17 Invtstrn resukod Sn a of £31,2371£652,894 gury)Iu8 In 20241. We ho 8•en IIK¢d a880ts rlBo In y•w by£87.523. A8 at 31 D•cwb•r 2025 the Bran( h&1 01 £2,544.767 reBtrk0d ro8oM8 of £43.803 •nd de$lgnoled r8a6mB of £2,500,984. Indutjed wttNn th• ¢Josffjnatsd reserv8 Is tha operating ftd of £873.084 1£921,451 In 20241. Tho b010n of de8lgnaled re8wvo 01 £1.827.880 r4ates to fix¥d 888Pt8. Th8 br8nch'8 OIBY on roBwv88 to olm to hè 12 mc4thi' wxth cl unr•9trkknJ rn8afvoA lo eover day to day expendilure on unro8thrthi expen(IbJrn. 1115 th? oOn of ¢h¢ Trust lh Branth'8 syatenw aThl oJntrol¥ arn wTrJertto mlty18 flnond81 and r8pulatlon81 Ikiough errtf or frTA. Flnandal In the Branch and thgse aro roviowed nnty.
RSPCA WORCESTER AND MID-WORCESTERSHIRE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 8truthir• gov•rnanc• and manag•m•nt Th8 charlly 1$ nstIlled Bn unlncuporth agsodallon. Tha dwrfty oporn1è8 48 8n aLknomou8 8ron¢h ol tho Natlonal RSPCAsubl8d to118 rtA88 for 8rAndw (2012 JlUonl. A CommS1180 électod at tha AGM govorn8 the Branth. arg tho TAt9• of Iho Bfan¢. Trusloo¥ aro brfefed on thelr r$8pon$ltAIttIos 05 Tnw1885 prfor to the aw)18nce of the role. ol.the Branth gfvg thfjfr tlmo fr•dy 8nd r•mw)wal¢m w88 p8kJ y•ar. l)otslb of Tru8t•e g rlbUr0I expon•o8 #r• dl8c&>wd kn Notè 10 to Ihe accounts. The Tr(18taes hold monthly m88llng8 Al whlth madè. Day lo day nsnnlTrJ ol Ihfr branch18 delegated 10 tho Branth Se¢re¢ary. 08y to doy runnlrrfJ ofthg 8nknal Tovhong 1$ deleoatsd to rfrhomlng C4Jthord1n8t, Ind th• dattrdoy runnlng of th8 8Iw818 dOgat•d to th• Shop MAnagern. whD report to th• TrLMt••¥. Th8 Tru$l888 atholy f•W the rf8kn, Yknld) thè tharlty fw o rngular bafyls thrwgh rogvLqi m8gtTng1 01th Tru8te88 that cover operalk)l ènd flnn rovl8wa. Th• •x•mlno Iho other opwath)nal bu81ne89 rtbkg, whlth boan Idonlm8d 8$: Inablllty to tspèr81• o r&A011¥d hOm 1hrou of L088 of reputalh)n through or fraud. L088 01 Incom• rfjugh or fraud. In8ulI8l ld& to covor th8 c0818 010llw gr4m81 th1108. Tha InJ8tsw vtho i¢rv•d dulNJ th• y•ar And w to Ih datè Ll ¢Mth• lknanclal 81ot•rn•rts w•r•.' Mr D Hud60n Mr8 G H8yn•8 Mr$ M R•t• 13rttffthtrEdg81 M$ M Wo11 P Book•r M8 K Galo Mr8 T Smllh (Cowed) MrA Jenkh8 (Cp1•dI Mr J P GfaVg0 Mr R W 8ooker M$ M L K•dw8rtl IRIP 1(03/2028) Ictsoptod 20101120251 IRiod 25101fa0281 IAppc4nt•d 21106r20251 (c0p1•d 09AW20251 The trust8, r•wtW88 approved by 808ft1 olTru¥lw. Mr# Q Haynm IChilrp•r•on) D8tsd: 13W 202e
RSPCA WORCESTER AND MID-WORCESTERSHIRE STATEMENT OF TRUSTEES. RESPONSIBILMES FOR THE YEAR ENDED 310ECEAIBER 2025 The18w pble to dwrbll88 In and WBt08 th8 bith lo prfjporo kn¢1918tgtw)orts for eo¢ flnanclal year whlch a Irue ond falr of Ihe slato ol aff4lr¥ d tho cherfty and of the Incmln9 rosour¢o3 and 8ppUcalk)n ol rnBcAJr¢98 01 Ihe carity for that y6ar. In proparfno th98& finan¢lal $t#lwn8nts. th• Iru8tee8 rnquked to: . Sal 8uttablo a¢¢ounn pc41d08 and Ihon sPY Ihom c¥JnB16tontty; - ob80rvo the m6thodB and prlndpl8s In lh6 cha$S SORP.. . mak• judg8monlB And 08tlmo198 Ihol ore meonae 8nd rAudent - $1810 whglh¢r appkablg accounllThJ Standard8 have been fokwd. 8uW# to 8ny MAlet dap•rturo• dl8ckJ8ad nd exalned In the flnanGl818tatom&nl6.' ond . prgparg lh9 flnen¢lal ltstemonts on the ba• uThl888 It to presum& that tha Lartty wlll conllnue In operallon. Th• tru9te•8 arnj re8ponBlbl8 kn keeplw 8uffl¢knl aco)unUng reo)rd8 thal dl8clw th roasonab accur•cy at eny the fflnandal pos114on ol charlty and enatI8 Ihem to Ihol Iho flrtgrK48181al•mgnts )mpty wth the Ch8rftle4 Act 2011. the cfrlty (Accounts 8nd Rèport8) Rsgulollon$ 2008 and the provNons of tho trust defjd. They afe 8190 re8pon81blo for Bafaguwdlno the a88818 01 the drtty and han for tsklno re•$onots19 Slopg for Ihg prenOn and detsCon offraud Bnd olhw InOr186.
RSPCAWORCESTER AND MID-WORCESTERSHIRE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF RSPCA WORCESTER AND MID-WORCESTERSHIRE
I report to t1 trust9 m my oxanlrth ol the 11n8oI otslpmonts ol RSF>G4 WcKcestsr
Worcostorshlrg {Iho ¢harrtyl for tho y08r erKled 31 Dgegner 2QS.
RpOn91b[llll90 •nd ol r•port
AB Iho Iru6teo$ ol tho ¢h8fty Y¢ 8r8 re8p0n8wè for ts pr¥pwakn of Iho fmndBI 8tatwn8nt9 In aco)rdar
vllh lh& raqulremoThb of the Chgrle$Ath 2011.
I report In T•gpgcI ol my oxamlnatlon ollha eharW8 Ilnanclal otatwnent8 canl8d out under 8acllon 145 01 th&
2011 A¢L In ¢&tyne my eXannatn I have Ic41owd all tho 8ppllcabl• dlrocUon$ olv8n by thg Chgrfty
Commlmlon under 1451SXbl ol ts 2011 A
Ind•p•ndontmIn0 •talomw
8lneo th$ ¢hty$ gr088 IrK(Th exceeded £250,CW. the hdepond8nl exarnkner rnu8t ba a mèmber of a body
11gled In 88Ctlon 145 91 the Ch8dtkn8 A¢t 2011. 1 confimi that l am quollfd to utrJ6A8kè the examlnatlon
cou80 I o rnmb8r of tho Inst1• of Chartwed EnNI & Wal8& 18 one of th8118tod
b¢dlo8.
I he •t8d my oxomlrk8tkn. l
RSPCA WORCESTER AND MID.WORCESTERSHIRE STATEMENT OF FINANCIAL ACTNMES FOR THE YEAR ENDED 310ECEMBER 2025 Curmnt flTr4ncSal y••r UNe•trl¢t•d Ro•trl¢t•d D••lgnfil•d fvn fim fund• Tolal Total 2025 2025 2024 Don8U(ms and legado8 CharftatrAé a¢lfvttlo8 Othar tradlng a¢tlvttl Inv••tm•nts 133.423 35,450 12,(#)O 168,W33 86,581 129,130 26,T95 765202 88,209 122,361 10,W 74.581 129.130 28.635 Totil Incom• 289,188 47.810 74.841 411,439 976.706 Ral$lng fund$ ChArbblè 4thW¢• 78.838 47.8 78.838 363.855 81.374 342,491 40,126 275,839 Total •xp•ndltuv• 126,728 40.128 275.839 442,893 423,885 Not galnts on Inve8tnwnts 12 17 17 N•t Incorn• I l•xp•ndtw•) 182.477 201,1981 131,2371 532, (knbo tran8forB b•tww lunds 14 1182.477) (282741 188,761 N•t mov•m•nt In lund• 118,7WI 112,4471 131.2371 562.894 Fund b8lon¢48 at l J&nuBry 2026 62.593 2513A11 2,S76,IJM 2.023,110 Fund balan* •t 31 D•¢•mb•r 2028 43,803 2,600,984 1644,767 2,678.CIM
RSPCA WORCESTER AND MID-WORCESTERSHIRE STATEMENT OF FINANCIAL ACTMTIES (CONTINUED) FOR THE YEAR ENDED 31 DEGEAfBER 2025 PrforflnanGlal y•ar UnMtrlct•d R••tslct•d D••lgnatsd tund fvnd¥ fuNJ• Tot•1 2024 24 2024 Don8tl¢n8 and CharftAtrJè gCtfvKk88 Oth6r tr4dlno a¢ttvMIo1 Inv6StMts 68,678 S,0) 755,202 88,209 122,361 10,984 83.209 122.361 10,752 232 Tot•1 In¢om• 63.910 83,269 976,706 R4181ng fvnd$ Chorttabl8 advldes 81.374 49.875 81,374 342,491 37,291 Total •xp•ndllur• 131.249 37,291 255,325 423,885 N•t galn8 on Inveltn 12 N•t Incom• I l•xp•ndltur•) 698.331 28,e19 11710581 852,894 Gr08B lrnn8fw• baiwn fundj 14 1698,331} {41.$891 739.920 N•t movom•nt ID fi•b)d• {14.970} 567.884 562.894 Fund balafi 81 l JnuDry 2024 77,583 1,945,047 2,023,110 Fund balan• at 31 D•c•rnb•r 2024 62,593 2.513,411 2,576,
RSPCA WORCESTER AND MID-WORCESTERSHIRE BALANCE SHEEr AS AT 31 DECEMBER 2025 Flxfjd a¥•ot• Tan9lbJg a88et8 Invoslm•nts 1,827,880 176.011 1,591,984 22 16 1,805191 1,591,986 Curr•nt a•••ts Dobtor8 Invoslment8 CA8h Nl bank In hand-... 18 99,769 646,138 283,Y19 573,985 .,73& - 8Q4.107 1,029,228 Cr•dl¢of•: •rnounl• f•lllno wlthln ono y•ar 185ZJ1} 145,2081 738,876 984.018 Totsl n•t ••Mt• 2,S44.787 2,576,004 In¢om• lund• D985onaled fund6 2.5fy),964 2,013,411 Total unrestrtctod fvr R•8lrfcted fund8 2.FJ)0,964 43.603 2,513,411 82,693 2,5U,787 2,576,004 Th• awount8 apwov•d by thfrTh 13AwlS 2026 G Hayr IChalrpeY8onl
RSPCAWORCESTER AND MID.WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng poHcl ¢4mpany Inlorniatlo Royal So¢lety For Thg Pr8venlkn of CFueliy To INtywt¢r and MWor¢t brn)¢h 18 a unlncorpor818d ch8rtly rag18ter In ErVJId 8nd Wth rwmbw. 2059301. Its w18twod addrB88 L Thg HoldIn. HokllrrfJ8 Leno. KlP8¢Y. WR5 3FP. 1.1 Ac¢ountlno conv•ntton The accounts have been woparyl Sn ao>ydanc• thè dwrW8 ¢xnal#uUon. tho Ch8dlth 2011, 'AwunUng and R•portlng by ChBrftb8'. Slatemenl of R8comrngndod Ptle• Bppllcablo lo eh8rlU•g prop8rtng Iholr actwnt8 In 8ccordorKe wNh the Flnondal R•ptyWng St8nd•rd &pr4l¢abbo In tho UK and ReputrAlc of IrdAnd IFRS 102} laB 8mendtra for a¢eow)UryJ perlods commenckng from 1 January 2019) and thg FIn¢la1 R¢pryYrvJ Stalard aprAO In tha UK Republ ol IFR81021. Tha charlly l¥ pu1( OffI Entfty a8 dofthed by FRS 102. [arthI tststemts hovo frorn the Ch11 IAce4rts and R$PtrI RequtIon• 2006 ordy to thg &Xtonl rTed lo wovlde a true and 181r w. Th18 (J8pathr• hae Invofvod IknI thè Stslernonl of Recomrnendod Prlf for thfjrtll¢s ap9 FRS 102 rather thg v8r8kn of tho statonI of R•e4mm•ndod Prac4t¢ whkh L¥ rolwr¢d to In the Ra but hag glnc4 ITh vAlhdrawn. Tho fbnonc4918tylem•nlg 8rg wy•d In Itethng, whkh IM tunctk)nal of th• chwlty. Mon• •mount8 8tqtrnts #rn ts) th8 n•sr•8t £. Tha fln8nclal 8t8tsmonts have boen preparsd undor the hl8torkal cK>8t (H)nvontknn, modmod to Inrknl• rtoIn fin•n¢1 h$lNment8 al fok vJtr. Tho prlndpel &)3)unU poltrJ08 •JopW Jr? Oot out Wow. 1.2 Golng eonc•m At the tkne ol •pprovhw th• Ilnandd 41ai•m. th• trwto•8 hm a rom0blO OYPOLa¢kn th81 lh• charfty ha$ 8d4quat4 rg8ourrm to OF•ralknal oxlslenc• for th8 for88888 frJWr• and Ihat tharè Ara no malorl81 unc6rtolntl88 8bout Rs ob1Y lo c11•. tru8lee8 ¢onttnua to adopl Ihè golng concom ba818 of eccauntlng kn prep•rtw th• flnondo181atwnonts. 1.3 Ch•rll•bl• fvnd• Unr08tthled fiJxl$ ar• 4¥8lL¢blo fc¢ u8• •t lh• ¢Jlg¢thi tru8tw ol r8rftotrA oblo¢llv$8. Reotrlctsd fund8 arts wb11 to 8pedfic c£¥on$ by donorn 08 to th8y may bo Ud. Th6 pu¢po6è8 and U806 of tho m81rkied lunds ¥ro oth In thg not9¥ to Ihg lknand8181atem8nt8. Dg8lgnoted funde repTe8enl tlxed w•ts. Th• 8TrJ of th• rgglrkigd fiJnd8 we 8ot out In the note8 lo tho notes to ts nd@18tl0MOth. 1.4 In¢t)m• In£016 rocognl8•J when the ch&1ty181898fy 8ntllhd to l Aftèr any perfryrna £n(Ulknn8 hav8 be8n met, th& omowts ¢gn t me88urod 1dl81y, end it probat46 Ihal Inttffle wll ba r•GeSved. C88h donaikfft arè recogn160d on rec•lpL Cxher donatjjne af8 rwnl88d oncè th• chBrlty ha8 béan nolllsad ol tha dcffjauon, un198S [0mn¢0 TrAlJon8 dgfwral of the amounL In¢mo tax recoverable In roialh)n to donatk recknd urKler lJftfvJd dee¢J80fcoNYnIS rwn18ad a¢ th¢ Uma of donalkm. L8gA¢l¥¥ are re¢ognlsed on receipt or tl the hos bsèn nolified of 8n imp9ndg di8tr1builon. the amounl 6s known. w)d recdpt 18 expadJ. 11 th• anvJunt k¥ fKJt kn¢34. the leBacy Lg tr98t•J ae iy)nlln98nt 4589t.
RSPCAWORCESTERAND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (coiifiNUED FOR THE YEAR ENDED 31 DECEAIBER 2025 Ao¢ountlng pofi¢le• Iconunuodl 1.5 Exp8ndltur• LbIlItIeS ore reeooii8ed a8 OMp8ndlum tt8 800n aa thore kn 819991 ¢y oWaUon ¢xynmllUng th chat1ty to that expendth, k L£ wthblo IW bg reqred and grUnt of th8 obllgatlon can bg me88urod r•llobly. Al expendllure18 8ccountwJ frjr on 8n ec¢r b8815. AJI trxp8n888 8upFyi o)018 gmm8nL coBI8 are a110¢811 ¢1 apwknvd lo expendre he8dlno8. R•8ourc•8 oxpendad org Irduded Ststemènl of FIrIl AdMOg• fjn 8ctnwlJ b861s, Indu•lvo of nyVATwhk6 cannol b• roc4vwv Carlgln gxp•ndltur¢ 18 (¥redty 8MlyJt8ble lo spedfic advld88 and hes bn In¢ded In th co61 t0gorl8s. Crtsln Olhor ¢08ts. ore attrftsJW1 to rwg than ono 8eUvlty. ara 8PPOrtlon•d de$ eO8t ¢at•gorl on the ba# of•n •8tknMts ofth• ofthno wt by oiaff on 1.0 T•nglbl• fix•d a•••ts T8nglblo flxed 886el8 gr• Inlyally mgowrwj at c¢el 8nd •ubtWy w8urgd 91 ¢ost or v8luotlon. not ol depreclgtton 8nd 8ny Smpalmwil IoBeo8. DO¢181rtI$ rgcwileed 80 96 tr) off th6 or vqbjglkn rj 0•8•ts so Iholr r•$lfjual valu08 over thalr g•ful IIv9J on the baM8'. Fmghdd laTrJ and buNdlng• Re¢opllon K8nn818 Anlm818hèl Flxluros and IIIUng8 Equlpment Motor vehkh• Marqueo and cfov8n R4bbll unll Dog M8&1 aNI Grn81 room NN So Ye8rJ Straloht Un• SO Y•ar8 Slrnlghl Llno 16 Year8 Str8lghl Uno 3 s1rajht Uno & 25 Yoar# stra11 Llno 4Year8 Strabht Un& & 3 Y•arn StraSght Una 4Yrn sirsht Un 10 Yfror¥ Strolght Uno 16 Y•8rn Slrnloht Lln 18 Y••rn Strah1 Un• Tho galn w kJ88 4rf$lng on Iho ol an atst l• detlyTrInr ao the dIff•r•e ttt¢n th¢ •al• proc••JB and thg ¢wrylng valuo of 8eL M118 rOLWbtsJ In ts Watamanl offlnIal 8cthIIkn8. 1.7 Imylmiont of Ilxed a•••l• At oa¢h roporUNJ end dale. th& thartty Ihe car gmounts of 118 18nglbl$ as$¥ts lo delgrntne wh8thw Ihere b Any Indlc8tlon Ihal Ij80 0s90ts have an knpalrment1098. If any 8uch Indlcallon fjxlgts, the rncmr8t48 wncwnl ol Ihg a1 18 88lknatsd kn txder ID d•twMI th• •xt•nt of th• Imp8lrmonl bsg lff 4nyl, 1,8 Flx•d as# Inv•8tffl•nts Flxéd 48691 Investments Inlltaly mea8ur8d at tran8&cIkn exduthng transaclbn c08ts, And are 8ub6equenlty me8sured 81 f81r value 8198th rwung da. Chang68 kn fatr Vol are rwnl8ed In not Incumo11oXP9nditurelfor Ihg year. Tran8acthn (ts aro 6xpanwJ 48 In¢uFfod. 1.9 Ca8h 4nd ¢a•h tyulv•lont• Cash and cash @qu81nIS Incl1& hand, deFlts hokl 81 call vAlh bank8 othar 8h(*t-t•m IUl inv8stm8hly wNh cwlginal ma1vrIt of tsvelve nK)nth8 or kn8. wh the to hold bank depo8lt accounts for InVlMent retums Ihuy d8ssW a$ a current a868t in¥e8tment -11J-
RSPCAWORCESTERAND MID.WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Ao¢ountlng poll¢lo• Icontlnuodl 1.10 Fln8n¢l81 In•lrum?nts Thè char1ly h08 d袢thl to 8pply Iho iwovldon8 01 SeLIkn 11 'Baslc FInal81 Instrum18. and Sacuon 12 'Oth&r Fknandal In$lwments18SUè8' of FRS 102 to gll ol ts fmnclal Instrurnwts. FlnanclAI Inetrumènts are r¢cogDl8od In the ¢hwNI8 b8kn th• (wlty party to th• CA)nlractual proVtsn8 olth6 In8trurr1. FlnanclAI 4g$ats gnd118blMUa$ 8t6 tsffsot. Mrfth the nel amounts preaenw In tho flnw)dal 8t8tom&nts. wh•n Ihere 18 a legally enlorc88L48 flght to 881 off th• r8cogn18èd 8mounl8 and thorè IB an Inlentlon to 8elUo on 8 nal bath or * ro01160 IP 888ot ond votle tho IlwlAMy fln&ncl•l a8••th B8¥le flnanclel a8Bet¥, vhth Indudo fl•trtorn c4th and bank balAn, aro Inlll81ty m0#8urgd traTh9acUon prf¢8 kndtsdlng tr8rwcUon co8ts. Flnancw 088Ots ¢kn811 &8 r&lvabl• wbthln on& ya•r arg not •ft¥)rt10od, 8•8lc Ilnanchl Il•blllll B861c flnandol IbblMUe8. ryoJtorJ r•wnl•od At prte•. Fknandal Ilabllllh• dg881159d ab payablo lkIn one year ar8 not anxxllB&J. Trade ryodltrJr8 ar• ¢tgOon8 to Poy tr gc¢d8 Qr 8•rvk•• that have been Acqulr•d In tho or(Inary cour8• of offtrJllon8 from 8uppNwB. Amounls ptyaL48 are (488Blfi&J afi Crn1 IIthIIUè811 paymnl 19 due wllhln on• ytsar or1688. W n¢X, Ihry affj pr88entod 88 nonurrwl 11gfAi¢tkn8. Tr8do cndltor6 are roc¢gnl8ed Inlllally 8t prk•. D•Mco9nftlon olfln•n¢lallll1u•• Flnanelal KabWIkn8 ar8 ¢Jw•(nIl th• (wW8 •xplrn ar t8¢hw9od or ¢onc811¢d. 1.11 Employ•0 b•n•llt• Th$ ¢osl of 4ny unuaed fAthomtIO r•Cognts In Ih• porbj kn vAh the •mploy•ts'8 8ervlc•8 #ro roc9¥d. TormInaon b¢n•Tr4 aro raccJn180d Imm&Jl8tsly 98 An eyn80 when the tharfty 18 d8rTrytrabty cornmltt to lermI thè ampltsymt ol an efflpby c to provlde teFmlnalon b8nefll8. 1.12 R•tlr•rn•nt b•n•fft• Pwmonts lo deflnod ¢ontththn l•tIr•nnI d)&rgwJ a& an aNne• u thtsy fall due. CrfU¢•l a¢¢ountlng ••llrnats• and Judym•nts In thg a¢81n of th¢ afxwnllng pc4kl88. Ibe InJ8te88 arn requlr•J lo mek8 ludggm&nts. 1118 and 888umptlon8 alt tho carrylng 8rTh)unt of a88ets gTrJ IkeblllUg8 th018re nol wdlly apparent fr¢)m other 80urces. The e8llmst¢s and 88god8lod assum0B are baged on hlBtorlcal 8xperlewJ other thgt ore c81d$r8d to t¢ rel8vanL Aclud rn6ulls may dlfferfrom Ihe8e 08Umala8. The e8WmatsJ and underlong F6vlvMd on LrvJolw ba81B. R6vns lo ac¢ounth 0gttm•tss are vecognlgad In tho tlod In whth tho e81kn016 whara thè rèvl8k•n affects only that P8rlod, crf kn tho p6riod ol the ran ortd ftjiwe p¥lod8 vl)ere Ihe revlskffl aifect8 both currant and futuro
RSPCA WORCESTER AND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEIABER 2025 Crftlcal a0¢oUn9 o1MIt•S •nd Jl9onnt8 IConUnu•dl Th& derKed8tlon ral08 ere ba88d on ourludgement ol Ihe 011 IW and dUal valuas ¢1 the tanblO flxad a868t8. We havo ba68d th 08tlm8teB on our hlth¢al gXPgrfwKe of repalr need8 gnd rncoverable vglues. Dotalo of our d¢prodatkn rat¥> w• h) nrAe 1.8 abm and the not l>)ok of th• tanglbt• flx¢d ae$ets18 Shown on note 15. Don•tlon• •nd1og•¢l•• Unr••1¢1 R••trlcl•d D•Blgnat•d lund* fund• lur R¥tsl 2028 Tot•1 2024 Donolton$ I1 9fft8 L•gacl88 roc0&0 Donaiod goDd8 And lo door compalans 49.912 02,992 35,450 88.422 82,992 212,302 61e.084 6.000 21.818 20.519 20,519 133.423 35.49) 188,933 755,2Q2 Por th• y••r•nd•d 31 D•o•mb•r 2024 58.678 755,202 12-
RSPCA WORCESTER AND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2025 Ch•rtt4bh aclMII rotsl r#lb $010 oloood8 Adoptlon fee# R8PCACarg C¢ntribudon Rochorg88 olh¢T bron&6 Grants 3,443 14.515 37,944 16.014 3.743 14,940 37.944 17.954 12.IX 4.798 28.830 36,089 14,492 5,000 425 12,C 70.916 12,ClX) 88,581 88.209 Anatyo16 bylund Re$trfd?d lund8 0661gnat•d IUm8trlGt•d fuThd81 12,ClJO 12,000 74,681 70.916 70.916 3,866 12.000 68.581 Forlho y1 •nd 31 D•¢*nbw 2024 R88tr1¢l•d ftmds De8lgnal8d IUnr•8trW lund81 s.fy)o 83,209 17,184 71,046 17.164 88,209 Oth•r trodln9 001fv1ts01 2025 2W24 Fun(kgJ Othgr tr9dlro In¢c4rn- 8hop 12.089 117,041 9.092 113,269 Olhor trgdlng gGtMUg8 129,130 122,361 13-
RSPCAWORCESTERAND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS IcoNnNUED) FOR THE YEAR ENDED 31 DECEAIBER 2025 Inv•*tm•nts Unr••trfotad R¥•trf¢t•d fvnd• Totsi 202S T¢)tsl 2024 Intgrn81 receivabl 160 26,795 10.984 Forth• yw •ndod 31 IY•¢•mbor 2024 10,762 232 10.984 Ralllng fund• 2025 24 Charlty 8hop8 •laff cc•l• Rant R41gy #nd waBts Elgclrtdty Rgpatrg ond m?k)1onMc• In8uranc8 TIN COBts Telephone Glft akl COBt• 48.887 26.152 1,146 18.496 2,175 131 716 703 2.912 821 838 80 816 2,479 1,264 78,838 81,374 -14-
RSPCA WORCESTER AND MID-WORCESTERSHIRE NOTES TO ThE FINANCIAL STATEMENTS (conNUED} FOR THE YEAR ENDED 31 DECEMBER 2025 Charllobl• actMII Cth & 8mal Anlmol T•lal 2026 Tot Fw St8ff ¢obt8 Depredallon V•tsfln8ry 8C8s Support ¢0818 154.955 31. 1S4,956 31,807 74,480 12,054 2,743 129,124 28,001 86,779 11,984 2,437 02,018 12,464 12.064 1,605 63264 13,969 198.616 275,839 256,326 Sh4r• 01•up cobts Iw not• 91 Share of govemanL coots1808 nc48 91 84.70ts 84.708 84,Q18 8.308 3,150 13.989 198.818 88.018 383.866 342,401 An•ly•li by fund Unre8tslcled fund R88b1cl•d funds Doglgnatod fvnd 47,8 40,126 47,8 40,126 276,839 fj3,264 13,989 198.818 03.264 13,969 198,618 88.018 803.856 Forth• y•ar •nd•d 31 D•c•mb•r 2024 Unr¥&td9d ld8 R68trtct•¢J fvnda Oe819n9tsd fund• 49,875 37,291 49,876 37,291 255,326 76,516 11,700 167,109 76.516 11,70) 167,109 87,1ee 342,491 15-
RSPCA WORCESTER AND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 support coBts Support Gov•m•n 1025 2024 9•• rfaUoo•Uon Slaff coÈts Oper8llng baje diarge8 Reglonal ¢¢fiblLMJUon R8108 In6uran(¥ Eledrl(y Rop8lr8 to proFeity aThl oquSprn•rt Po8t800, 61o¢ton•ry and adv8rt18lng T8lephon$ Bank char99• sundry Profee8knnal leeB Equlpmenl 13, 13.308 12,618 551 551 712 2.873 11.CQ1 3.418 13,461 3,418 13,461 1b.997 1,2C 1.171 2,Ce2 498 2.263 6,814 0,713 1.41X 2,791 22.136 7.740 1,317 6.814 9.713 1.408 3,1 f3ov8marA 84.708 88.018 87.188 Anqlywd botyn• Charltsble e¢AM 84,708 88,016 87,186 GoveTnan¢g ¢0J18 paYTrlS to the of £3.308 {2024.. £3,1601 for kndopaNlont OX8rnlnatlon 1088. 10 Tru•t••• A total of £912 12024: £851 wa8 reknbursed to four m8mbar8 12024.. two membornl of the Managlng C(*nMItt In tho yèer. Thle repre8gnt8 dtreci lml¥Jr$Oftl ofowdlture to ao4uIM goods on boholf of th• ¢harlly. No membèr of thè Manaolrg Comrnitt99 has foLknd rA l• dua to Any r•munorali¢n lor the yaor dlr• or from thfy Ch&rWB fun
RSPCAWORCESTERAND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (coKnNUED) FOR THE YEAR ENDED 31 DECEIABER 2025 11 Empl¢ry• Number of omployo0• The average Month number ofM¥Jloyo90 dLth the rWa8.. 2025 Numb•r 2024 Numb•r Admlnlslrauon and fac41ty Chorlty 8hopb 11 10 Empl¢>ym•nt eo•ts 2025 2024 Wag68 and Socld 8lY c0818 Other ponOn t>)8t8 207,180 .971) 8,573 179,987 7,289 3,073 220,709 190.329 12 N•t g•ln•lllo•w•l on Inv••kn•nts Unre•trlct•d Vnro01rf1)ted fund• fund8 1025 2024 R¢valualk>n cllnvo8bM8nts 17 13 Tax4tlon Thg chsrlty b •xempl from t8xelkn w ILI &a(vSOe8 bKau80 al tts L8 akwN8d for ¢h8rflabl• WrW8. -17-
RSPCA WORCESTER AND MID.WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 14 Tr&n&f•r¥ 21Y25: A translgr of .274 ha8 b90n madg r881rtdad IIM)ds lo unr88tr1cied lunds ioward8 tho w9t of pux¢haglng flx•d 888qt A transfer cf£87.523 h#8 Wn from wwe8trlcted fr¥bJ8 to do6ted lund8 lo rtht th8 In th& valu¥ of tonglble Ilxed o68ets arf8hg from addKkJn8 In the yoor. JI other rwwlnlrvJ unrestr1 fvnd• of £121328 arè do8tgrwt•d lo the op¥8n9 thg forthwmlno 2024,. A li¥nsf8r of £41,589 Iw8 boon m•J• from r88trbbJ ts)d• to urWo9tsk tovMrd• tho rtht of purcha8Ing fix•d o&wts. A Ir8n8fer £55.215 h•8 b•8n unr•girf¢t•d lo d•8lgnoiod fund6 thè Incroas& In Ihe vfjluo of larwJl)Ib fix•d 8880ts 0rf81ty fr(¥n add1t10 In the y•w. All other r•mplnlng urwo•lrtcW 01 £684.706 d•*nol to lh• OW•llng ful for th• forthcomlng
RSPCA WORCESTER AND MID.WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 DECEMBER 2025 16 Flx•d JB••t Imi••tm•rt• Unll•tod Inw•tm•n¢s Dgpo•lt Ount• Total ¢t or ¥•11¢n Al 1 January 2025 Addltlon8 Valualk)n th•ngeB 22 177,972 17 177.972 17 At 31 D•c•mbw 2025 177,972 178,011 Carrylng •motht At 31 0mbar 2025 177.972 178.011 Al 311)ecomber 2024 17 Fln•ndAI In•trumonts 202J 2024 Carrylng •mounl of flnandal 4•••ts In8trumgnt8 megwred 8ttstr ¥u8 tlwoiffjh wofft or h) 574,024 648,100 l• D•btorn 2025 2024 Amounts fallng wlthln on• y••r. Trnde debt(Y8 Other debtorn PrèpayThnts and In¢4)m• 5,794 15,262 2,327 9,581 84,784 6.424 23.383 99,769 19 CuTr•Tht a•••t Inv••lm 20215 2024 A• ro•totod Ca4h d&rA)l¥ 573,985 848,138 20 Cr•dllor•: •mw)t• fallrvj du• Thmhln on• y•r 2025 2024 TrÈd& ¢rgaiior Accru$ Detsrf¢tl Inc£¥n8 58,589 8.842 24.059 11.149 10.000 21 85231 45,208
RSPCA WORCESTER AND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 21 D•f•trfjd IncoJTr• 2025 2024 other dèfwgd Inwmo 10,OC Dgforrgd In¢om&18 kntluded In the •latsmont8 •6 fc4byATh' 2025 2024 Delerred Income IB kndud8d llhkn: Curronl IIAbIlOI 10,000 IAovgm•n¢g In th• y•ar. Dalqfrgd Income at 1 Jonuffji 202 R8l•a88d from IoU8 r4rlode Rowurr8 dolwrnd In th8 y8•r 10.(w (lo,1) 10,000 0•feod Iorne at 31 Dnbor 2025 10,000 DofeTh•d KOme r•l•t•81o nthg• wl¥¥d In rd81k lo KnI sknff. 22 R•tlr•mont bon•fft •ch•nw# 2025 2024 D•fln•d Gontrlbullon Kh•rn etharg9 to Fyonl or Olfin•d Contslbutk 3,573 3,073 Th& ch8rMy operate8 A tlefined Contrtt 8them• tr al gu81n9 emr41)ye88. The amet0 of th• •chem6 8r• hold 8¢watdy from th¢9• oltho L**lty kn an 1nd0pgnthY athnlnl8tsr•d fund. -21
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RSPCA WORCESTER AND MID-WORCESTERSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 25 An•fy•l¥J ol n•t Wg•ts l)•tw lund• RtrIcted De•lgnaled fund• lund• Totsl 21)25 2026 2020 Fund bal¥nG•• at 31 D•c•mb•r 2020 w• ¥•pr•••nt•d by: Ton01? a$80ts Inve8tmani6 Cwrenl 88gelallt1IIlO0> 1,827,800 178.011 696,073 1,827.880 178.011 738,878 43,8WJ 2.600,984 2,544,787 R••trfct•d D••lgn•t•d fund8 fund Tot•1 2024 2024 2024 Fund b•lanc•• at 31 O•c•rnb•r X124 ar• r•pv•nt•d ty: Tanglbto g44èto Inv8$lmènts Curr8nl atlIabIl) 1,ts91,984 22 921.426 1.591.984 62,593 904,018 62,693 2,S13,411 2,676,OC 26 Op•rtho IM•• ¢4)mmllm•nts At th4 rtportlng end d•te the tharmy had outslandhw ¢omnltsn•nl8 fvr future nInjM le& P•ntI Ld•r noTrcBnC0Y4 al&S. du• a8 folm.. 2025 2024 Wlthlrn on¢ year Botsveen two and fv• y•arn 15.150 18.4C#) 9.700 15,150 28,150 27 Evont¥ aftqT the r•portlng d• In 2025 w& undertook lh8 WO ¢0 rnovo 10 8 to 8 rth¥ chartty Mc91. namely 8 Ch8ittsbl6 IncDwporatod Oroan18atlon (CIO). From 1 J4nry bewng RSPCA wOr1#r 8nd Mld Worcester81kn 8r8nch CIO vAth naw tharlty number 1214380.
RSPCA WORCESTER AND MID-WORCESTERSHIRE NOTES TO ThE FINANCIAL STATEMENTS (coKnNUED) FOR THE YEAR ENDED 31 DECEMBER 2025 28 Rdat•d party tran9•Ctlon• Dttrfng the yoar Ihe Worc661er and mkw¢)61er8h7ro brnrh ght 9)da atTh)unth)g lo £7.884 {2024'. £24,177) from the RSPCA Sodoty. At the ye and th9 8mounl duo to the Sodoty #nhxtnled to £nll12024.' £5.024). 29 Prlor p•rlod adJu•tsnont A prfor yeor adlu3trienl h88 bBen mada to corred the balan of c46h al bonk 8nd curfvnl a6 InvOBtrnan18. Th18 hae beon dono io Telboct ts It)t6ntlty) to •Am InvaBbnenl tslums from th& bank dopo•lt Coun 8gnk d•po811 acrxwnl• 01£646.138 havè lJe¢n redl88ffi a8 rI1 awt Inv88tmon