REGISTERED CHARITY NUMBER: 20S961 oftheT and unaudit￿ Finandal Statern For The Year ErKled 31 Decembw 2024 for to Animal$ Pl Otrth & South West Devon Brdnch TC 8rcxTthead Limited Hatscornbè Housg Devon PL6 TtL fr>rth8 Prevenlhjn of to Anknals P West Devon B Contènts olthè Financial Statements ForThe Year Endad 31 December Pa9• Rw)ort oftho Trust••s 1 to 5 Indapendont Examtnerf5 R8POrt Ststement of Flnancial Athrbes Slat¢mont of Ffjnan¢l￿ Poslllon Note5 to Staternentof Cash Fkhvs 10 Nots$ to the Financial Stateme 11 to 18 D•tallod Statèmènt of Nnanelal Actmtlès 19 to 20 to *￿imalS Pl outh&S W8St Devon Branch Report of the Try￿le?$ For Th• Y•ar End•d 31 Do¢omb•r2024 The trustees subnwt thew annual report under Ihe char￿e$ 2011 arKI the ffnanual statem*)ts for the yew 8fKled 31 Detembw 2024. The trustees have a¢*)pled the FWv1SK)r￿ of AOX)unb￿ aThJ Rekx*tirKJ by Charftss.. Staternent of Recomrnended Practre applits￿8 to thartW preparirvJ Ib￿"r ac¢tyJnts in accordance th& Financial Rwrbng Standard appliCa￿e in the UK and Republic of Itdand (FRS 1021. efiEcbve 1 January 2019. 0￿EcTIvEs ANO ACTIVrnES Charitable Objedi Thg Royal Soaety for th8 Pr8ventK)n of Cwelty to AThrnals (RSPCA) Plymwth 8WKI Souih W8St Devon Branch, reg￿tered in England and Wales Ino.2059611. Our tharrLabb obie¢tNe5 are to promote kindness to prevent or supprèss ruetty tts animals and to do all swh acts as Ihe bra￿* may cx)nskJer to ￿nduc1Ve or in¢KYental tD the altainmenl ol those objects. Maln A¢tivtti•$ Thesè c48divès arè achi&v•iJ thr￿h a range ol s6fyic•s whrth twbotè 365 days a yèar across th& Ptymouth and Soulh West D8Vr￿ r8gK)n. Th8 principle actwty of the during the year was th8 tr8atrnent and welfare of imals by tr8atirvJ the s￿k and injured arKf rA)ntinuiry rdK)mirwJ. spaying ￿ neuterHvJ sth8n￿. These objectives a￿ rnet by general publ￿ donalons. Wxes. rewved trom wwesfment proF¢rtigs and portfolio's and through the trad￿￿ of (*arity shops ￿ and Ptynwyjth area. Public Benefit The Truste88 pay due regard to Ihe Ctwity Cornrnlss￿ guhI8nc8 on publc benefft m891 the rgquirements of the Charit￿$ Aci 2011 through the prevention on prom11c￿ crf knndn8s8 to anima)s as this 9ive8 a mLral benefit in humans towards animals as a who￿. Thè main activlty In Ihe Charitys puw as F)Ut* ber*ffl is resFoThYDyJ to wuests to help injured or sick anirnals and *Jhwtng to law if r•gardiTvJ lh& traatm8nt of anina15. Wa wtrrk witt) veterinary professionals for 8ach animal under our cAr8 to set tr8atm8rrt tAans irh the inter8st of eac*h animal, and the charity funds 8uch vet costs. We pr<)iridg $8Mr8s. okn free of(tharg8, and aim to find suilabl8 rew hoTrw for arumals our care. Volunteers RSPCA Plymouh & South West D8von Br8nch rel￿ on v<)kJnle8r5 to carry (Mjt rn8nagerr*nt and adrninistration. partioJlar regarding the furtherance of the (*wity shops OFErated uThler the RSPCA branth. Th8 Charity ha5 ￿ paid Trusiees or voJunie8rs. Funthn9 Donations are vitd to meeting the costs of care atvj these are So￿ht thr￿gh c¢Alection boxes and ￿g￿es. The branch also receiv6s a per￿￿tage of the RSPCA SoLaeWs door to docrf CLllec*cffi fundulg each year which lotalled £21,816 in 20241£23,094 in 20231. Anofherswrce ￿lUndIrvJ for the Chanty is the tskings frim three charty sPKpswe run. Rental income 18 also reCe￿ed from th8 inv85trl￿ [￿0￿￿&S hekl above th8 tharrty S￿ps. Cruel to Animals P West Devon Branch ofthe Tnths ForThe Yèar Ended 31 Decemb 2024 ACHIEVEMENT AND PERFORMANCE Charitable activities Pu ose of Branch As set wt ￿ its constitution the PLJrpose of Ihe PIymLtlh and West Devon BraneA, one of the ok18St in th• country, is tTr loster the treatrnew)t and weffare of animaL% a￿1 to r(xnbat truety to Iwbng animals in the Ic¢al area. This is pursued ￿￿ler the aegis of the natic¥)al RSPCA via or 4>*m a¢tiwb"es treating animajs and promottng welfare, and by thè wc*k of the Sctiety's eentraly manw lns￿t0rate. Charila Thls is athieved in several ways: by anim* direct]y by wertus. by engagÉng with the kxal ct)rnmunty Whe￿ the￿ are oases of abaThloned or injured anwnals, and Wh￿ approptiate by helping owners over difficAJlt times to treat their animals in (z5e5 of erneTW¢y ty by ac¢Ms lo affNdable Spayi￿ and neLrt&ing. The inspectors, expbrts a￿ deS￿bed in detail tr) t￿1r iylm rer*Jts. Many (rf the animals they rescue come to us d1￿CtlY or vki 8 vat for traatrnent andlor rets)ming. We aLso take ii anThnals from ￿ general ￿br￿ in drcUmstan￿S such a8 bereave￿￿( ovvn8r5 r￿￿ng to rent8d accomrrmxlatton or atA8 to kNJk after Iham b8LXU58 of 18ITing he4th or other changes in ￿rIXIM5tances. Thg work we do is cArtliwl in the frth￿ng rgFX)rtS- Rai*ng fund The Charty raise5 furvJ8 froyn three thanty shws. Th8SB shoy5 rdy solgty votunteet5 50 ￿1 yjrplus ￿ndS can be used to furtherttE tharitaL4e wrpose of an1rn￿ welfare. Our income $tream$ are not of thems8W suffirAent to rTher the ry)st of ¢wr work and must b8 suwl8m•ntod by incom8 frixn ￿se￿8S. Our expenditure this year exceeded our irKome by nv)re than 87%. (IrKome £126.061, Expenditure £236,974.1 Income h8s in(x8asad u￿￿ last ysar by £18.889. ExperKJtbse has decre8$8d upon last year by £7.914 Inca)mg has bggn gera9rated thr¢xtgh I&pa8s. (*8rityfh]p in(xxn9 ￿ r8nW inxne from ourfl8L HvJh expenditure is Ihe ￿$t￿l ol tr￿Se many requests for finanoal Wp frcrf)7 the wblic as well as our commilment to lake in as many anirna15 for whth ￿ have spare cawty. ob￿￿sly. we may not always be able to sustain suth a level of sp8nding on going but our iwo gan￿0￿$ ￿a￿eS s8V8r8t ygars ago. hav8 alk￿￿1 us io'ovgrsp8n(r for Ihe sake of animals in need in our area in 2024. The cost of living has increased for everyot* and the￿ are a numbe¥ of imp&*s up)n a Tange of our suppliers arxl V8terinary 5UPPOrt too, costs of pet fc¥)d has afso irnyeased. These Ir￿￿se$ a￿ naturdty h￿ng an Impac* on OUT overall expenditure tLK). Investment performance The charity recewes iweskn*nt income frryn cywns and atso invgthenl portWIo'5 managed by Rowan Daffjngton. Th9 properties continue to provide a relaw t￿tent ar1￿j￿t of unrestr¥A&J revenue and lenants o¢¢up￿d most of the properknes for the mqority of th8 financid year. We o)ntinu8 to rn8Int￿n a heathy relationship with the rnan*Jement company th8 chaThty pays to manag8 Ihe properti8s on our behalt. The investment putt01￿$ have been futher expanded a￿1 have seen an unTeafJsed gaoi of £46.564 12023.. £15.386 gain) in regards to the markel value of the fLxed invesbnents helj at the balaThx sheet date. FINANCIAL REVIEW Financial po$ltio In th9 year ended 31 D￿mber 2W24 the (￿lty had a deficat of £140.764 {2023; deffiral £147,IKJOI of ineoming resources against resources expended. Total income r8cewed f(x the yew was £126.(￿1 rA)rryar8d to £107.172 in lh8 W8ViCMJ5 fin8nciaJ y8ar and 15 a result of an Ir￿rease in l&Ja¢y thn8tiws. Thls year saw smaN Increases across vaths costs (xy)bibuliry lo the dthTI, ly)wever duo to IwJeased legacy donat1￿5 in the year. the defictt has decreased ftorn ptiOT year5. forth• P￿￿ntiOn of toknimals Pl outh & South W95t Dovon Br￿￿h Clu• ort of the Trustees For The Year Ended 31 Decembw 2024 FINANCIAL REVJEW Invèstmènt pollcy and p•rfomianc• The management comrnittee has ￿￿S￿ler8d the most apsxopriate Wicy for ￿Vekng funds has found Ihat investing funds in a deposit ￿¢￿)Unt. moderate invest￿t rxyth and t￿e invesknent properties m88ts Ih8ir requirements. The wnnyitee consder (hg rgtum that tsy rw%ive on Iherlivesttrents to be satislaclory. The charity has investment yopeities li oFei#w and they g￿l￿ated irKY)tne off26.31712023: £23J131. The Charity also has tr7V8Stmants hdd ￿ Rowan the Charity thsos to mainlain a poli¢y ol avoiding advers8 financid risk This is kept und8r revwannuaty by th8 BcN8rd. Rese￿85 policy It is the policy ol the Chaity to ty and mainlain a levd of f￿e reserves. Ihat arè those un￿trf¢ted lunds a￿ not investèd in fLxed assets, deSIgna￿j for a specific purpose or olherwi56 commttted should be at ￿ast 18 rnonths of resource5 expeThJed which equates to orLz £355,0(M) in ge￿al fund5. It 15 the trustee's ￿iniOn ttwt thk5 level of reserv¢s would LE adequateto mairrtain unintemjpted ser￿S in Ih8 event of a rnaior l)5s in frjnding. Th& level of ￿ndS ar8 revwtsd on a regular bas￿ by Ihe Intstee¥ tofftr wlh known and likely fuhjre d8mands on those furNJs. thè ofthè finaneia1 y￿r It￿ Lmrastrieied fuyth. 6Xd￿alng inv•strn￿ h8Jd. 8r8£743.253 {2023.. £861.6831 Tha tharity is (yJrr8nty hcAding reserves in 8XC8ss of the reserv88 Fdicy. The ¢h*ity wwld like io build or purch858 suita￿e homirg centre in fvture to gxpand the nurnbw of anim￿$ it can care for. Reserves are currently not 8uffi¢i8nt to L10 this but the Trustees ￿ntinue to tYK)nitor. Golng ¢oncern After undertaking appwTate review5 aThl erv4ume5, trustees h8V8 rwJsonab￿ expertation that th& Trust has adequate resources to ￿ntinUe in &￿Ster￿ for th8 foreseeable future. As wth most tharitsb￿ enter￿lS￿￿. the continued SU￿$$ of the Charity and indeed approprialenass of U)6 wng ￿nCeM status is dependent future inwme being generated at sustainable level& EVENTS SINCE THE YEAR END AND PLANS FOR FUTURE PERIODS We need to maintain a reliabje stream ofirKowe to underyxn ourwcKk Our Vets, fees and b)ariJing costs (ts)ts"nue to ￿CoUnt rnaprity of expendilure. Some of our larger branches ol the RSPCA run their own anim￿ centres and sanctiw*s. In of tyjr limited human and constrained financès in typical ysars wharè 18gaaès are fe￿8[, that mty never ￿ a wable propo￿ti￿ for Ptymouth & SoLrth Wèst Devon. However. wewll sttive to maintain the wal of adJEwing our ob•n centre when we I￿ve sufficierhtfunds. Otjr chaiity SI￿p$ ar8 a key elernent of our irrDm8. Grenvil￿ Road cx)ntrues to be overwhelmed wfh donatk)ns aDJ still acts as a feeder distribuknng drmated g¢J)ds to ￿r other two shops. TavistoGk, rented shop continues to do a good trade. Wolseley Road ha5 once again achieved sterfing work, maintainirwJ our hEh street Presen￿ in the Lity throughout the yèar thanks to 1he volunteer5 May snd Shar￿. In Kar8ns abs8nc8 over th8 ￿5t &x rnonths. Anna Dyer has continued lo dear donations and stockfrom Gr8nwl8 Road sw and provid8 limited openirys. In addttron, the thre8 flats assooated with our two p￿m￿rth shops ¢x*)tinu￿I to hdp fu￿1 our worK h￿ever one of our Grenvlle RO￿ flats has caused us many pmtjems and major expense. A5 we IoDk to the year ahead we conlinue to foojs fundrdsing and ha￿JS ￿ animal weEfare wlKh not on supports Ihe animals, also the ownÈts vtho often fitxl ￿5t of vetemary treatrn8nts unachièvabltr and unsuStainat￿8. STRUCTURE. GOVERNANCE AND MANAGEMEI Govemlng ￿￿ument The Charty 15 governed by tfs corkststLthn urwjer Ihe RSPG4 Acts 1931 1940. and 1958 and ￿r￿[tuteS an unincorporat8d charity. Page 3 Ro to Animals Pl outh & South West Devon BraE)¢h Trustees For The Yèar Ended 31 D￿ember 2024 STRUCTURE, GOVERNANCE AND IAANAGEMEMT R¢¢nJltm•nt and appointment of newtrust¢e5 Th8 members shall ¢arry out the dection of the Offi￿r$ and ¢c¥nmitt8e nEmb8rs at the Annual General Meets"wJ. NominatiDn$ shall be m&le In ￿lting and delivered to Ihe seuBtsry. nominatk)n must be propos6d ￿end8d by 8 Voting member ofthe A$S￿lation arKI acc£xY¥)aniwJ by the V4TTtlen C￿nI ofthe rK)riW. New trusle6s a￿ inducted i¥th) Ihe ofthe a)arity duriwvj rn8￿1rqS hehl. AJI Djrrent tNst89s are re-elected at ￿ Annual C£wwdl meeti￿ tyvay ofa secc¥Kl8d prDPDsal by ottrw trustees. Truste8s ar8 sewed according to Ih&r eX￿￿nCe and often pr6viou5 er*Jag￿nt with the Charity. This ￿able$ thè Charity lo detemiine the W￿NI￿￿1$ i*mrnitment lo wimal wdfate. Organlsational 8tw¢ture Cthrall responsibility forth8 managementol the Chanty is vested in Ihe Tnjstees. The Charity is an unlncorrx)rated asswakn at knt slx committee mgoting5 dumg the year. These meeling5 arg ¢￿ganised by the Truste6S to continue ￿1th theth r*cessary to maintain the obF¢ts ofthe assouayon. The Charty is managecl on a day to day basis bylhe Trustees. Rlsk manag*nont The Trustees are r￿pOnSI1￿e for the Managen￿￿t of Ihe risks fa￿d by the Charity. The Trustees mntinue lo examine the mèjor internal and extemal risks that the charity facw. Systems are in èxist8￿￿ to monitor arKI contrd Ihests risks to mitigatè any imp* that they may have tharity in the ffiJbJr The key crntrols used by th8 charity inrkne.. Fortnal agendas for all Committee aTyJ Board rneetiros- Compr8hensive $lrategiG planning, budgeting and managwent actoJrttir¥d. Established org8nisational structure and of ￿p￿tiTh3. c￿ar autho￿atron and approval ￿v￿. Tre Trust8&5 recognise that systems oxn onty FYovKlg r93wnab￿ bul not ab501ute assur8r￿ that Ma3￿ risks have b88n 8dequ8tely managed. Governance statsm8nt The Iwstees have had dug regard to prin¢ipaL8 of recornrnended prdctices as set out by the"Charity GoVerna[￿e Cod8" and have appl1￿ th8se wherever prathcal and in decision making. REFERENCE AND ADMINISTRATIVE DETAILS Re9lStered Charity number 205961 Prtnclpal 8ddrès5 eo Grenvi11g FI￿d St Judes PIyrnoLrth Devon PL4 9PY Trustee$ Mrs A Hind￿ S8cretary Mrs L Parker Mrs C Maddick Treasur8r Mrs J Bennett[￿51gn8d 31.1024) Mts A Dyer Page 4 forthe Preventlon of to Anlmals Pl rnouth & Sou W8St Devon Branch Cruel ForThe Year Ended 31 D•¢èmbw 2024 REFERENCE AND ADMINISTRATI1￿ DETAILS Indapendent Examln&r TC Bromhead Limited Harscomb& HtyJsè 1 Dar￿ake Plyrnou Devon PL6 7TL The Charity is registered ￿th Charity Comlnl&8￿n uncler itsrity nutnber 205961. The 8PFointsd trustees. princApk a￿d￿sS and details ofth8 charitvs adviscKs are attye. proved by Lyder ofthe iYJard of trL* on ....-................ Mrs A Hindle- TKUStee Page 5 Royal So¢le for the Prevention of Cn￿1 to Anknals Pl uth & South West Dèvon Branch I raport to the trustees on my examinatMM OF the finaKial statem&)ts ROW S• for th9 Prevenbrm ￿ CnJ81ty to imals Ptymouth & South Wesl De¥￿ Branch lth& ctharty) 31 D8rfjM￿r2o24. R05ponslbilltles and basls of r8PXt As tt)e bustees of the d)arTiy land aL50 it5 difth for Ihe purposes of u)mpany lawl ytyJ are responslble for the prepaTrtion of the finan¢iaJ 5taternent5 in acaxdance 4wth Ihe rewirwnents Companies Act 2006 lthe Act). Having satisf*d M￿[f t￿￿t the finarKial 51atemenls of tt* tharity are not Tequired lo be audited under Part 16 of Ihe 2Q06 Act and eli￿￿? for irKJ8wdent examination. I rewrt M respect of my exatnination of the charilvs financial stai8ment5 carri8d out under sectM￿ 145 of Charthes Act 2011 Itha 2011 Act). In rarrying out my gxamination I have fdlowed all the ap￿ICat￿e Directions given by the Charity CCKnM&%￿ under section 1495Xb} of the 2011 ACL Ind8p8ndent oxamln8rfs statam8nt I have (￿TrpIeted my èy2minab'on. I confirm that rK) matters Fove cc*ne to my attenth.on in ￿￿nact￿)n vlth the examinati￿ giwng rne cau5eto bekve that in any rrAtsrial - acwJntiThJ racords w8r8 kept in respect ofthe cknarity as requiFwJ by se(XK)n 386 of the 2006 Act. or -thè financial stat8ments do not aoxrd wilh those rwyd5.' or - the finanaal statements do comp￿ with the a¢￿￿tIng requirèrnents of sect￿n 396 of the 20(6 Act other than any requirgrnent that the acuunts we a true and fair *i8w whith is Thit a malter consklued as parl of an iidependent examinats"on'. or - the fil￿nCial statemerht5 have not been prepared *) acc(¥danTr U)e methods and winuples of Ih8 Statern￿t of Recomrnended Prdcti(% for a¢(x)unling aThY reporbng by t*arftses ap5￿1CabI8 to charrbes preparing their accounts in c￿dance wi*h the Financi￿ Reportuig Stsndanl apFAK*ble in Ihe UK and Re￿1￿￿ of Ir8Lqnd {FRS 1021. I have no ¢oncems and have cotne aLWSS no other matt8r5 in rnnnectic*) the examinaticffi to whth at18ntion should be drawn in this retY)rt in order to en&qe a prop8r under5t8nding of the ffftaniaal $tatemEnts to be ￿athed. James Groves FCA TC Brornhead LI￿te Harscombe Hcwjsé 1 Dar￿ake View yrnoulh D8von PL6 7TL Date.. IL/éZLr_ P￿6 to Animals Pl meArth & St)uth West Dèvon eran¢h Stateme of Financial Activibas F rThe Year Ended 31 Decem r 2024 31.12.24 Total lunds 31.12.23 Total furm Unrestricted funds Restricted fvt Notes INCOME AND ENO0￿￿ENTs FROM Donations and kgacie5 48￿66 39.2( char[tab￿ activibes Treatm8nt and welfar8 of animaL8 5.315 5A15 other tradiw aotivibes Investrnent inc4)me 27.718 44.160 27.718 44.160 31.520 34.986 Tolal 12Q061 121061 107.172 EXPENDrruRE ON Rarsing funds 33,590 34.303 Charitable a¢tlvftles T￿atMernt and welfarè of anirna 203,384 210.585 Total 236.974 236,974 244,888 Net gains on investments 1fj.713 16,713 6,102 NET INCOMEIIEXPENDrruRE) {94.200) 194,2001 1131,6141 RECONCILIATION OF FUNDS Total funds brought forward 1.479.935 1A79,935 1,611.549 TOTAL FUNDS CARRIED FORWARD 1,385,735 1.385.735 1,479,935 The note5 form part ollhw finwyaal slat&nents Cruel to Animals P ovth & South West Devon Brnn¢h Statemert of Flnan¢lal Posrtlon 31 tkn•mb•r 2024 31.12.24 Totsl lunds 31.12.23 Total ¢Kts Not88 FIXED ASSETS Tangibl8 assets V85tm8nts Inve51m8nts Investmgnt propwty 14 63,433 64.122 15 16 247A82 247N82 395.000 223,252 395,000 705,915 705,915 682,374 CuRRE￿ASSETs Debtors Cash at bank and in ￿nd 17 8,090 701,598 8,090 701.598 6,062 833,626 709.688 709,688 839,688 CREDITORS AM￿nts falling due within one 18 P9.868) (29.8681 142.1271 NET CURRENT ASSErs 679 679,820 797.561 TOTAL ASSEfs LESS CURRE14T UABILtrES 1A85,735 1.385,735 1.4T9,WJS NET ASSETS 1.385.735 1,385,735 1,479,935 FUNDS UrhrestrKted funds 19 1.385.735 1,479.935 TOTAL FUNDS 1.385,735 1,479,935 n¢ial ststements wwe ap[￿Ve￿ by the Board 15f T1￿ pJJd aUth￿Sed for issue . LLLJL .Q¢..&4: and were &gned rt5 LEhaW by. on A Hindle- Tntstee Th8 notes form part oflhese finanraal statwnents Pag8 8 C￿￿1 to Anlma15 P outh & South Wost D•von BrarTrch statsment of Cash Flows For The Year Ended 31 D ember 2024 31.12.24 31.12.23 Cash flows from operating activltle Cash generaled from op8ratK]ns 1124.0261 1105,4251 Nttcash used in or*rairy athrities 1124,0261 1105,4251 Cash ff ows from irNe5tlng actlvltlas Purchase of tangiblg ffx8d 8SS8ts Purchase of fixad assat investn8nts Sale of fixed assel inv8slm&nts 1485 {$4.7591 47242 180,5851 66,799 N8t cash used in inv8Stiro (8,0021 113,7661 chan￿ In cash ond cash equfvalorts I th• r•porting sjeriod Cash and cash equlvalents atthe be9inning of the r•portlng p6rlod {1310281 1119.1911 831626 952,817 Cash and Cash eq￿Valants at th8 end of the reporting porlnlinwl Taxatlon The tharity is exempl fvom tax on its charitaLle actNib8S. Fund accountln9 I funds T￿Yed by Ihe Charity in ￿ finanual yew a￿ ￿ra$1￿[￿l 8rkl (xn be used in a￿da￿8 with fhe chayitable Ob￿￿"yeS atthe discretion oflhe tttstees. Recogn￿10￿ and valuatlon oldonated goods for resalè It is impr8ctie21 to estimate Fair vabje on the d¢¥J8W gr￿dS due to the low volumg of l(>W-Vdlu8 items and absence of det*d stod( control sysths or records. Th￿ef(￿e all ￿(￿ated g¥Jod5 lor rEsale are not recognBed on receipt but *￿tead the vahjè fjs rae¢MyJkwl Vrt￿n the I*￿ted ￿M￿J$ are SL*J a5 Iricorr£. Investments Investments ara slated at market vdue as at fv balance sheet date. Th8 Statsment of F¥)ancial Actmties Includas th8 netgains I￿108SeS ari&ng ￿ revahJat¥)n arKI dISp￿lS lh￿￿￿t the year. DOMTIONSAND LEGACIES 31.1224 31.12.23 L8gacies collecti￿ Boxes MIS￿lIane(¥Js donat¥Jns and cdt•#or 21.294 21.81fj 5,758 6.205 23,094 9.9)7 48,868 39,206 OTHER TRADING ACTMTIES 31.1224 31.12.23 Tavistock takiros Wilehcwse takiws 20,614 7.104 22,413 9.1Q7 27.718 31.520 INVESThIENT INcof•YE 31.12.24 31.12.23 Rents r￿ved Bank arKI Building Interest 26.317 17.843 23,313 11.673 44.160 34,986 Thi8 indudes gross Ir￿ ￿CeNe￿ by an indyndent Mana9em￿rt property that managè 3 invesknènt properties hekj by the Charity. Al expen5e5 refaied lo these prcpertss are shcmn undar raising fiJnd8 on the statemenl of financial actsiritEs. Interest I[￿U￿sS all r8C8ipts cl interesl from Ihe PLthvJ as wdl as any bank interest receNed in the curr8lltfJnanoal year. Page12 {￿tinued... forthe Preventlon of to Anlmal P W•st D•v¢bn Branch N4)tes to th• Finan¢ia] Statements . contin For The Year Ended 31 Decemb 2024 INCOME FROM CHAR￿ABLE AC￿￿TllES 31.12.24 31.12.23 Advty Treatryent *tifare ofanimals Homing f£es 5,315 1,460 RAISING FUNDS Other trading acbvitie$ 31.12.24 31.12.23 Rent and rates Insurance Buikling w)airs Light and heat tppc*t rA)sts 5.922 1,436 111.642 229 1,105 6.075 1.221 4,467 5.138 1.152 19.334 18,053 Investmerrt management costs 31.1224 31.12.23 Light and heat Administrative expenses Prwrty repair8 Investment Manag￿neTrt diarges Supp)rt costs 1.420 2,863 8,487 693 793 1.923 2,910 2,423 1,034 14,256 16,250 Aggffjgate amounts 33,590 34,303 CHAR￿ABLE ACTIVITIES COSTS Supwl )8ts (see note 8} Costs Totals TrEatsnent and weffareofanimaLs 192.058 11,326 203,384 SUPPORT COSTS Gov&mance costs Management Totals Other trddiTrJ act￿l￿eS Investment management ¢osls Treatment and Welfa￿ of anitTwLs 310 222 3.173 1,105 793 11.326 $71 8,153 9.519 3.705 13.224 Page13 continued... Ro al Soci forthoP Cruèl to Animals Pl mothh & 5cKtth West Devon Brathch Not8S to tha Finandal Statsmènts-continued F r The Year Endtd 31 December 2024 SUPPORT COSTS- continued Support costs. (nduded in the abov8. as folltr•ts: 31.1124 31.1223 TreatrtEnt and Total aCtiv￿e$ Total animals Bookke8ping services Depreciation arKJ write offs Donaknns paid SuThlry Tdephone Postage and stationèry Independent examinat. Accountancy 136 1.631 1.174 soo 4398 1.272 1.101 70 367 120 31 121 3.767 1,230 326 3.432 1,311 227 1,380 1,375 86 380 87 135 1,931 2.255 1.105 793 11.326 13.224 15.598 INDEPENDENT EXAPAINATION 31.12.24 31.1123 Independent examinatpj) 1,450 1,280 10. YRUSTEES. REMUNERATION AND BENEFrrs Trustees r￿lY8 dutsg& 14. TANGIBLE FIXED ASS￿8 Fi*tures Plant and F￿pety rrttings Totals COST At 1 January 2024 Add￿0￿5 71808 407 73,314 At 31 December 2024 407 73,799 DEPRECIATION At 1 January 2024 Charge year 8.737 369 9,192 1,174 75 Al 31 De¢￿b￿ 2024 161 376 10,366 NET BOOK VALUE Al 31 DecemLEr 2024 61979 423 31 63,433 At 31 OecerYthr2023 64.071 13 64.122 15. FIXED ASSET INVEsfMENTS inv85tsr8nts MARKET VALiIE Al 1 January 2024 Athji￿n$ Dlsposa15 Revaluatic￿$ 223252 54.759 147,242} 16.713 At 31 Dec￿￿¥2024 247A82 NET BOOKVALUE At 31 Dw£mber 2024 247,482 At 31 Dec8mb8r 2023 223.252 Pa9e 15 ntinued... forlhe Pr8¥entlon to Animals Pl mouth & South W&st Dev*)n Branch Notas to thg Flnan¢l¥l Stst•ments. eontinued For The Year Endad 31 Decernber 2024 15. FIXED ASSEf JNVESTMENTS. contIn￿l Investrnent assets outsid8 th8 UK werg valued at £221.831 at yg8T olher inveslments wore held in theu Thè histollc ¢o$t value of the is E253.096. 16. INVESTMENT PROPERTY FAIRVALUE Al 1 January 2024 and 31 December 2024 394000 NET BOOK VALUE At 31 Decernber 2024 39sr At 31 December2023 395,000 Fair value at 31 December 2024 was determined by a valLotion c4rn￿et8d in March 2023 (prev￿3 valuation February 20201 by the property management o)mpany Srnèat￿ Homes and the fair value at the baktKe sheet date k8 represented by.. Deemed cost at transition to FRS 102 in 2016 Valualon in February 2020 Valuation in Marth 2023 105.991 209.009 80,000 395,000 IflFKJ had not teen revlued it￿￿￿j ha¥e been rnduded at the fdkywing histotical cèst 31.12.24 31.12.23 Cost 105,991 105.991 Fairvalue at 31 December2024 is wrasanted ty. valUat￿n in 2024 395,000 17. DEBTORS: AMOUNTS FAWNG DUE WITHIN OME YEAR 31.12.24 31.t2.ZJ Trade debtors Other 4Jebtors VAT prePa￿ents 195 661 5.501 300 3,926 1,836 16 conbnued... Ro forthe Prevention of to Animals Pl mouth & South West Devon Branch Note5 to the Financial Statem•nts- continued ForThe Year Ended 31 D8camber2024 8. CREDITORS.. AMOUNTS FALUNG DUE VltrHIN ONE YEAR 31.1224 31.12.23 Trnde C￿dItorS other creditor5 22,191 7.677 12,258 29,859 29,868 42.127 19. MOVEMENT IN FUNDS mfftment in funds At1.124 31.12.24 Unrèstiicted funds Generd fund 1.479.935 194.2001 1,385,735 TOTAL FUNDS 1A79,935 {942001 1,385.735 Net movement in funds. in(knled in the atthe arè asfolkjws: In(xJmir Gains and Movement in fijnds Unrnstrfcted funds General fund 125,061 1236974} 18,713 19420Q) TOTAL FUNDS 126.061 {236.9741 18.713 194.21XI} Comparalfv•s formovement in funds Net movement in funds At 31.1223 At1.1.YJ Unrest￿¢¢￿ funds General lur 1.611.549 1131,6141 1,479,935 TOTAL FUNDS 1.611.549 1131.6141 1,479,935 Comparatr￿ net Mov￿ent in fvnds. indUd￿j in the above are as fOlkn￿. In￿n1￿j Ref4￿ree$ Gains and losses Movement in funds Unrestrs¢ted lunds Gènaral fund 107.172 {244.888} 6.102 1131,6141 TOTAL FUNDS 107.172 1244.8881 6,102 1131,614} Page 17 (x)ntinued... forth8 Pveventlon ol to Animals Pl m¢xrth & South Wast L)evon Brarth Cruel Notes to the Finan¢lal Statements-conttnued For Th Year Ended 31 Decemb r 2024 19. MOVEMENT IN FUNDS- conttnugd A currentyaar 12 months and FXi(K year 12 nM)nths comtxwt rA)5th￿ is as foll￿5.. Net movemerrt in funds At1.1YJ 31.1224 Unrestrlcted fvnds General ￿n￿ 1.611,549 1225,8141 1,385,735 TOTAL FUNDS 1.611.549 1225,8141 1,385.735 A rgJThent year 12 rnonths PfKJr yw 12 [x)rnts"n￿ in funds, ￿￿[KI8d in the above are as frAows: IncLNnirvJ Resour expended Gains and IDSS&S Movem￿1 in funds Unr4strietod fund8 General fund 233233 1481.8621 22,815 1225.8141 TOTAL FUNDS 233233 1481.8621 22,815 1225,8141 20. RELATED PARTY DISCLOSURES During th8 y8ar the charity dKI not havg any expe1)thbJ￿ related wtres. L&¢ year Iherè was no expend with related parties. Pagè 18 als( to Animals P uth & South West Dèvon Branch Cruo Dètalled ment of Financial Activibe5 ForThe Year Ended 31 December 2024 31.12.24 31.12.23 INCOME AND ENDOWMENTS Donations and lagacies L8gaci8S Collection Boxes Mis¢ellaneous donati￿$ and cole¢t 21.294 21.816 5.758 6.205 23,094 9,907 48.868 Other tradlng actlvltl8S Tavisto(* taknngs Milehouse taknn9S 20.614 7,104 22,413 9.107 27.718 31,520 Investmerjt incojnp Rents teceived 88nk 8nd Buikling SOc￿ty Irbterest 26.317 17,843 23,313 11.673 44160 34.986 Charltable adlvhlès Horning fees 5.315 1,460 Total Incomlng resoLTrces 126.061 107.172 EXPENDITURE Othortradlng acllvltl8s Rent and raies Insuran¢& Buikjing rèpairs LKJht arKI heat 5.922 1.436 10,642 6,075 1.221 4,467 5,138 18,229 16.￿1 Invèsth)0nt managomenl costs ght and h6*t AdminkgtratI￿ èXP8wk%e& Property repwrs Investment rnan8g￿nt tharges 1,420 2,863 8A87 693 1.923 2.910 7.960 2,423 13,463 15,216 Charitable activltles Contributions to RSPCA regKwl tJThJ Kennel tses and food Veterinary fees 32,050 42.485 117,523 46,050 42,748 108.375 192.058 197.173 Support costs Management Bookkeeping se￿￿$ Camed fojward 1.631 1.631 1,272 1,272 This page (kjes fKrtfLYm partof Ihe statut