REGISTERED CHARITY NUMBER.. 205961 rt of the Trustees and Unaudited Financial Ststemenls For The Year Ended 31 0e¢ember 2025 for I Socie for the Prevention of to Animals Pl mouth & South West Devon Bran¢h Cruel TC Bromhead Limited Harscombe Hous8 l Darklake VEW Plymouth Devon PL6 UL
al So¢le for the Preventlon of Cruel to Animals Pl outh & South West Devon Branch Content5 of the Flnancial Statements For The Year Ended 31 Decernber 2025 Page Report of the Trustees Independent Examiner's Report Statement ol Finan¢lal Activities Statement of Financial Position Statement of Cash Flows 10 Note5 to the Slatement of Cash Fli)w$ Notes to the Financial Statements 12 to 20 Detalled Statement of Finart¢lal Activities 21 10 22
al Socie for the Prevention of Cruel to Animals Pl outh & South West De¥on Branch ort of the Trustee$ For The Yeai Ended 31 December 2025 The IrLislees subtnit their annual report under the Charities Act 2011 and the financial statements for the year ended 31 De[ber 2025. The trustees hav8 adopied the provisions of Accounlifig and Reporting by Charitie5." Staternent of Recotnrnended Practice applicable to charities preparing their a¢¢ounts in accordance wth the Finanaal Reporting Slandard applicable in the UK and Republic of Ireland IFRS 1021. eNective 1 January 2019. OBJECTIVES AND ACTIVITIES Charitable Objeclives The Royal Sociely for the Prevenbon of Cwelty to Anirna15 IRSPCAI Ptymouth and South Wesl Devon Bran¢h. is re9islered in England and Wales Ino.2059611. Our charitable objectives are to promote kindness lo prevent or suppress cruelty lo anitna15 and lo do all such lawful acts as the bran¢h may o)nsider lo be coThJuuve or inuilenlal to the attainment or those objects. Maln A¢tlvltle$ These objectives are a¢hieved through a lange of services which operale 365 days a year across ihe Plyrnouth and South W8sI Devon region. The principle activity of the association during ihe year was the ireaiment and welfare of animals by treating the sick and injured and continuing with rehoming, spaying and neutering sthem8S. These objective5 are met by general public donations, legacies. monies received from investment properiies and portfolio's and through the trading of chalily shops in and around the Plymouth aa. Public Benefit Th8 Trustees pay due regard to the Charity Commission guidance on public benefit and rneet the requirements of the Charities Act 2011 through the preveTrb"on on cruelty and promotion of kindn8SS to animals as this gives a moral benefit in humans towards animals as a whole. The fflain aclimty in furthering the Charitys purpose as public benefil is resKK)ndirtg to public requests to help injured or sick aniTnals and adhering to the law if applic2ble regarding Ihe tatment of animals. We work with veterinary professionals for each animal under our care lo sel treatment plans in the inlerest of each anirnal, and the charity funds such v8t costs. We promde Se$. often Iree ol charge. and aim to firml suitable new homes for anirna15 in our care. Voluntoers RSPCA Plymouth & South Wesl Oevorb 8ranch relies on vdvnteers to Cary oul managernenl and adrninislration, in particular regarding Ihe furtherance of the ¢harity shops operated under the RSPCA branch. The Charity ha5 no paid Trust8es or volunteers. Funding Donation5 are vital to meeting the c051s of care and these are sought through ¢olle¢tion boxes and legacies. The branch also ceiVe$ a percentage of the RSPCA Sociells door to d(x)r cdleetion funding eath year whi¢h tolalled £20.519 in 20251£21,816 in 20241. Anolher sour¢e of funding lor the Chaftty is Ihe lakings Irom three charity shops we run. Rental income is also ¢¢iVe from Ihe investment properties held above the charity shops. Page 1
I Socie for the PrevÈntlon of Cruelt to Animals Pl outh & South West Devon Branch ort of tho Tru$tee$ For The Year Ended 31 Derember 2025 ACHIEVEMENTS AND PERFORMANCE Charitable activities Pur os8 of Branch As set out in ils conslitullon the purpose of the Plymouth and Sotjth West Devon Branch, one of the oldest in the country, is to foster the trealmeril and welfare of animals and to comi)al cruelty io Ireatsng animals in the lo¢al area. This is pursued under the aegi5 of the nats.onal RSPCA or own aCtIlieS trea"n9 animals and promoting their welfa. and by the work of the SocielY5 ntrallY managed Inspectorate. Charitable Activi This is achieved in several ways: by 18king in animals direclty by inspectors. by engaging 1h Ihe local community where there are Cases of abandoned or injured anitnals. an¢J when appropriate by helping owners over difficult times to treat their animals in cases of emergency or by prowding access to affordable spawng and neuterin9. The inspectors. exploits are dewbed In detail in their own reports. Many of the animals Ihey rescue cowne lo us ¢I¢Y or via a vel for treatment andlor hOMing. We also take in animals from Ihe general public in circurllstances such as bereavement. owners moving lo rented accommodation (w no longer atAe to look after them bec8US8 of failing health or other changes in ¢ircumstance5. The work we do is outlined in the followFng reports= Welfar8 Secrets sRe Ort20 The past year has been one ol the mosl challeThJing the Branch has eyperienced. with a significant increase in animal abandonment. partlarlY involwng cats and dogs. Earty in the year, the Bfanch responded lo requests from local farmer5 to assist wth feral cat populatEOll5, rernowng and netering nineteen cats across Iwo properties. All anirnals were treated for fleas and worms before beitvJ retsJme(J. Valuable support was provided by LIze Smilh, a long-standing Cats Protec'on volunteer who ioined the Branch as an RSPCA ARV during the year. Lizzi8 has sinc8 assumed the rde of Rehoming and Welfare Coordinator and provides essential assistance to Inspectors and Animal Rescue Officers. Her Irk includes supporting multi-cal household8, arranging veterinary transport. and coordinating daily neutering programmes. Notably. she played a key role in the SU¢CÈS8ful management ol a complex welfare case involving a pattially sighted owner and rnulliple Cals. resulting in the Iatment and iehotning ol all 13 killens and the safe relum of the adult cats, un*ortunalely 3 kiitens due lo illness lost one eye each. During the year. the Branch 511PPOrted over 150 families laung finanaal diificulty wlh veterinary ¢osls. Many recipients contributed small donalions, helping offset rising expenses. In total. the Branch arranged the neu18ring of 400 animals, primarily cats, alon9 Wth some dogs and rabbiis. A vride variety of animals a150 passed through the Branch's care, in¢luding ferrets, iabbits. gulls and a tortOiS8. One particularty di51fessing case involved a young puppy that had sustsined rÈpÈaled injurie5 within a family home from a 7-year-old child. The father could not control his daughte¥ awwj ielu¢tanlly agreed to sign the puppy over lo the RSPCA. The puppy had a severely fractured elbow. knthich was treated and the puppy was evenlually rehotned. The Branch continues to work closety wth Ihe in5peclora¢e to support the increasing nurnber of animals requiring medical care prior lo rehoming. We remain extremely gratelul lo the veterinary praciices lor theii ongoing ¢ommilment and support. Our thanks also extend lo Gables Dogs and Cats Home. Plymouth,. Margaret Green Animal Rescue. Tavislo¢k'. and neighbouring RSPCA Centres for their conbnued Cooperati( throughoul the year. Lez Parker, Rehoming and Wellare Seuetary Feral Cat Grou Re rt 2025 As you will know from previous reports lh8 aim of ihe group is to identify as many Feral cats as we Can to check if they are in need of help from us for trealmenl. spraying, flea treatrnenl et¢. Some wll be known to residents and are b8ing led by local people, olheis may be living in a colony. wlh hurnan suppori ol any kind. When any feral cal is brou9ht to our attention we need lo catch them Iwth the use of a human trap) have them checked by 8 veterinary surgeon and given any ne¢e$sary treatment. When we have caught them and have had them in Ca for a few days, many prove tts be far (rom feral but have avoided human contact because of their fear of the unknovm or because they have been ill-trealed in the past. SorTre tan overcorne this fear in a relatively short time, others can be mote of a challenge. We accept that some will never be able lo live in a dorneslic setting bul we can still improve theii lives by treats'ng and plaang them in an environment where they have food. shelter and someone lo monito¥ their conditi. This may b8 the ofiginal area bul only if there is ongoing support. Page 2
I Socie for the PrÈventlon of Cruelt to Animals Pl outh & South Wesl Devon Branch ort of the Trustees For The Year Ended 31 December 2025 Some domestic cats Iwell loved by Iheir 0e[sI can. vthen lost. develop Ihe same sort ol fear through the stress of being alolle in an alien enwronmenl. One such cal was spotted in Ihe Dockyard some mtsnlh5 ago. We soon r8alised that he was new to the ar8a an¢J in view of his condition must be caught urgently. He was so dirty that il was difficult lo be sur8 of his colour and breed. Once caught he was checked lor a mi¢ro¢hip and found to be a reported stray. His owner was conta¢ted and we found he was 8 dorneslie cat who had lived as an indoor cal all his life and had been lost for almost a year. He musl have been terrified of the great outdoors and il is miracle thal he survived lor so long. The family had losl hope of ever seeing him again and were delighted to get hirn back. One of the family was dispalched lo the pel shop lo Collect supplies including cat shampooll A very unexpected and satisfactory ending_ Thanks goes to Lizzie for the effort she made to catch him so quickly and relum hirn lo his owners. Ann8 Hind18 Feral Cal Representative rt for Animals tsTh Ukraine Paul has made further w511s to Ukraine this year io several animal Cent$. The situation 1$ 5tiS1 exlretnely difficult for animals in that country. We for our part musl try lo make sure Ihat anima15 do nol suffer from'donatK)n fatigue. as there are rnany less vehicles entering al the bordei entry Pnts these days. We continue as a Branch th help frorn local veis lo offer Paul vknalever suppori we can. We are now collectin9 lor the next trip in early 2026. Paul s efforts lo support dogs. Cats. rabbits. horses and 1life through donations provided in the UK. and delivering lo anirnal rescue cenlres in several pa of the Ukraine. One of Pavl's main delivery points is to Homeless Wodd. His effort5 are 5BJnificanlly improving the lives ol animals in the various ScUe centies thal he visits. He wa5 reeenly awarded a medal by Ihe Ukranian aulhorities the work he has done to help th8m since the start ol th8 conflict. Items requested for donation in¢lL*Ye tal baskeis. cat beds. Itghlweight plastic rd bs, cat traps. ¢ollars and leads, rabbit hutche5. blanket5, high nutrib'on pet foods. flea and wom treatments. re£lundant rirsl aid equiprnent and tools. Nothing goes to waste. The centr8 s18ff are $0 grateful for the help Ihat they receive, and they ar8 ahv3ys anouS to know when Paul wll be back again befo their supplies run out which should be in March 2026 and this wll be his 17lh trip ¢0 that country. Raising funds The Charity rai5e5 funds frorn running Ihree ¢h8rily shops. These shops rely solety on volunteers so all Surplus funds can be used lo further the charitable puipose of animal welfa. Our incorne streams ar8 not of themselves suificient to cover the cost of our charitable work and must be supplemenled by income from resetves on a wular basis. Our income this year exceeded expenditure by more than 10Yo. (Incne £256.514. Expenditu £232.091.1 Incorn8 h8S in¢reased upon last year by £130,453. Expenditure has de¢ased upon last yeaT by £4,883 Legacies in 2025 have been significanlly higher and Ihis has allowed us to woJk thIn our means for the first time within six years. Income has been generated through legacies. charily shop income and rentsl income from our flat. High expenditur8 partscularly in velerinary fees 1£127.4281 is the result of those many requests for financial help from the public as well as our Commitment to lake tn a5 many animals lor bthich we have spare capacily. Obviously, we rnay not always be able lo sustsin such a level of spending. This has been supplemented by several lega¢ies this year incluéing one from our long-terrn supporter and volunteer John Russan has worked lor the branch for MO than 40 years. The cost of limng conlinues to in¢rease for everyone and Ihis has an itnpact on our suppliers and veterinary costs. Costs of p81 fo(xl has also increased. Page 3
I So¢rt for the Preventron of Cruel to Animals Pl mouth & South West Devon Branch ort ol the Trustees For The Year Endeil 31 December 2025 ACHIEVEMENTS AND PERFORMANCE Investment performance The charity re¢eives investment incorne frown Iwo properties il owns and also investment portfolio's managed by Rowan Dartington. The propertie5 continue to promde a relatively consislenl amounl of unreslricted revenue and lenants 0Upied most of the properties for the majority of the financAal year. We continue io mainiain a healthy relationship th the m8nagemenl company the charity pays lo manage the rKoperties on thJr behalf. The investment portfolios have been furlher expanded and have seen an vnrealised gain of £20,587 12024". £46.564 gain) in gard$ lo the market value of the fixed investments held at Ihe balance sheet date. FINANCIAL REVIEW Financial po$ltion In Ihe year ended 31 December 2025 the Chaiity had a surplus of £28.942 12024", deficrt £140.764 of incoming resources against resource5 expended. Total income ceIVed for the y8ar Wds £256.514 compared to £126.C61 in the pwous financial y88r and is a iesull of an increase in legacy donats'ons. This year saw large decieases lo Contribution5 lo RSPCA giOnal fund than in previous years. However. there w8r8 increases across over vanous costs which led to a small decrease in expenditure Ihis year. Investment polity anil perfomiance The rnanagement committee has considered the mosl appropriate policy for investing funds and ha5 found that investing funds in a deposit account. ¥noderale investmenl portfolio and lhe investment properties rneets their requiremenl$. Th8 cornmillee consvjer the relum Ihal they receive on their investments to b8 sa115factory. The charity has two investment properties in operati7 and Ihey nerate¢j inrne of £25.44912024.. £26,3171. The Charity also has inveslmenis held th Rowan Daibnglon %*K) Ihe Chatity adwses to maintain a w)licy of avoiding adverse financial risk. This is kept under review annually by the Board. Reserves policy It is the policy of the Charity to try and maintsrn a level of free reserves. that a those vnresthct8d funds which are not invested in fixed assets, designaled for a 5pe¢ific purpose or OtheSe committed should be at least 18 fflonths ol resourTrs expended which equates lo circa £345.000 in general funds. It is the truste8's opinion that thi5 level ol reserves would be adequate lo maintain uninterrupted sel¢eS in the evenl of a rnajor loss in funding. The lev81 of funds are reMe%%td on a wular basis by the Iiustee's ioJelher ¥th known al likely luture demands on those fLJnds. At Ihe end of the financial year total unrestricled funds. exduding investrnenls held. a £771,72612024.. £743,253.) The charity 15 currently holding serveS in excess of the Se&S policy. The charity would like to buikl or purchase a suitabl8 homing centre in future to expand Ihe number ol animals il tan c2re lor. Reserve5 are ¢urrenlly not suffieienl lo do this but the Tfustee5 continue to monilor. Going concern After undertaking appropriate review5 enouiries. lh8 Iru51ees have asOnable 8xpectatson that the Trust has adequate resources lo continue in existen for the foreseeable future. As with most charitable enlerpri5es. the continued sucess of the Charity and indeed appropriaieness of the going cOnM status is dependent on fulure income b8ing g&neraled al sustainable levels. Page 4
Ro al So¢iÈ lor the Prevention of Cruel to Animal$ Pl outh & South West Devon Branch ort of the Trustees For The Year Ended 31 December 2025 EVENTS SINCE THE YEAR END AND PLANS FOR FUTURE PERIODS Our work is sustained by the efforts of our lunpaidl Trustees and olher Volunteers. We hav8 no paid employees. Therefore. all our funds go into our animal welfare work. If we reach a stage when we cannol rely on our unpaid workers, il would certainly mean a 519nificant reduction in funds lor ihe f¥ont lin8. We still need lo maintain a reliable slream of income to underpin our work. Our Vets. fees and boarding costs conlinue to accounl lor ihe majority of our expenditure. Some of our larger branches ol the RSPCA tun their own animal centres and sanctuaries. In view of our litniled humall resources and constrained finance5 in typical years where legacies are fewer. thal may never be a wable proposilK)n for Plymouth & South Wesl Devon. However, we wll strwe to maintain the goal ofachiewng our own centre %then we have suffiuent funds. Our charity shops are a key eletnenl of our income. Grenville Road continves to be oveThthelmed wlh donations anij still a¢ts as a feeder distributing ¢Jonaled g(x)d5 to our other iwo shops. Tamstock. our rented shop Continues lo do a good trade. Wolseley Road has once again achieved sterfsng work, rnainlainin9 our high st1 presen¢e in the City throughout the year thanks to the volunteers May and Gill. Anne Dyer has conbnued lo dear donations arLI stock from Gienville Road shtsp on a r8gular basis, providin9 good stock when needed lo Wolseley Road.. In addition, the Ihree flats assoctated wth oui two Plymouth shops continued to help fund our work. how8v8r one of our Grenville Road flats has caused us many problems and major ewen5e and this wll continue to drain our resources in 2026. Current tenants wntinue to cornplain about damplnNJuld in the property. a problem we have not experienced wth previous renters. PCC have recommended remedial and this is now complete. As we look to th8 year ahead we wll Continue to on helping not only anirna15 coming into our rar8 but to support owners who find veterinary Costs prohibitive. Anne Hindle. Secretary STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The Charily is 9ovemed by it's constilulion under Ihe RSPCA Acts 1932, 1940, and 1958 and ¢onslitu¢es an Unincorporat charity. Recruitment and appolntment of new tru51ees The mernbers shall carry out the ele¢b"on ol the officers and committee members at the Annual General Meeling. Nomination5 shall be made in writing an4J delive to the seuelary. Each nomination musl be proposed and seconded by a voting member of the Assc¥ats"on accotnpanied by the WTitten consent ofthe nominee. New trustees are inducted into the workings ol the Charity during meengS h8td. I current trustees are re-elecled al Ihe Annual General Meetsn9 by way of a seconded pfoposal by other trustee5. Trustee5 are selected accthing lo their experience and often engagement 1th the Charily. This enables the Charily to delem)ine the indiw7duals cornfflitrnent to anirnal wellare. Organisational structure OvÈrall responsibility for the rnanagement of the Charity is vested in the Trusiees. The Charity is an unincorporated association lch hdS al least Six committee meetings during the year. These eelings are organised by the Trustees lo continue with the y)rk necessary lo maintain the obje5 or the association. Th8 Charity is managed on a day to day basis by the Trustees. Page S
al Socie for the Preventlon of Cruelt to Animals Pl outh & South West Devon Branch ort of the TrustÈes For The Year Ended 31 December 202 STRUCTURE, GOVERNANCE AND MANAGEMENT Rl$k managernent The Trustees are responsible for th8 management of the risks fac£d by Ihe Charity. The Twstees continue lo examine the major intern81 and external risks that the charity faces. Systems are in eStenCe to rnonilN and control these risks to rniligale any impact that they may have on the chartty in the futu. The key controls used by the charity in(aude'. Fom)al agendas for all Committee and Board meetin95. Cornprehen5ive strategic planning. bu¢Jgeling and management accwnting. Established organisatsonal structur8 and lines of iewrting. Clear aulhorisation and approval 18vels. The Trustees recogThise that systems Can only prode reasonable bul Th)1 absolule assuran that major risks have been adequately managed. Governan¢e Statement The trustees have had due regard to prirripals of recommended practeS as set out by the"Charity Governan Code" and have applied Ihese vtherever practical and in decisw)n making. REFERENCEAND ADMINISTRATrVE DETAILS Registered Charity number 205961 Prin¢lpal address 80 Grenville Road Sl Judes Plymouth Devon PL4 9PY Trustees Mrs A Hindle Secretary Mrs L Parker Mrs C Maddick raSrer Mrs A Dyer E Smith (appointed 19.6.25} B Gent (appointed 19.6.251 Ire$i9Th8d 31.3.261 Independent Examlner Jarnes Gloves FCA TC 8romhead Limited Harscornbe House 1 Darklake View Plymouth Oevon PL6 7TL The Chzrity is reglstered wlh the Charity Commissk)n under ihe charity number 205961. The appointed trus18es. principle address and details of the Charits adsOr$ are given atx)ve. Approved by order of the board of truslees on 22 May 2026 and sned on lis behalf by". Mr5 A Hindle- Twst8e Page 6
Inde ndent Examlner's Re ort to the Trustees of al Societ for the PiÈvention of Cruelt to Anlmal$ Pl outh & South Wèst Devon Branch I report lo the trustees on my exatninalion of Ihe financial stai8ments Royal Society for the Prevention of Cruelty to Animals Plymouth & South West Devon Branch Ithe charity) for U)e year ended 31 December 2025. Responsibilitie$ ba51$ of report As the trustees of the charity land also its directors for the purposes of ¢ompany lawl you are responsible for the preparaljon of the financial slalemenls in a¢¢ordance bilh the requirenienls of the Companies Act 2006 Ilhe 2006 Acll. Hawng 5a115fied myself that the financrdl slalements of the charity ale nol ¥equired to be audited under Part 16 01 the 2006 Act and are eligible for independent examination, I rew)ri in respect of my examination of the charity's financial statements carried out under section 145 01 the Ch3rities Act 2011 (the 2011 Acll. In carrying out niy examination I have followed all the applicable Directions giv8n by lh8 Charily Commiss)n under secbon 14515llbl of the 2011 Act. Independent examinerfs statement I have completed my examination. l ¢onfimi that no matters have come to my attention in connection wlh the examination giving me cause lo believe that in any rnaterial re5pecl". accounting records were ntst kept in respect of the charity as required by section 386 of the 2006 Act,. or - the financial statements do not accord with ihose records., or the financial statements do nol comply wth Ihe accounlir*g requirements of se¢tion 396 of the 2006 Acl other than any requir8m8nl that the accounts give 8 tru8 and fair view whith is nol a matter considered as part of an independent 8xaminalK)n', or the financial statements have not been prepad in accordance wlh the melhods and principles ol the Stalemenl ol Retomtnended Practice lor ac¢ounting and reporting by tIeS applicable lo charities preparing their a¢counts in accordance with the Finanoal Reporting Standard applirable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have corne across no other malters in ujnneclion th8 examination to which allenlion should be drawn in this r8POrt in order to enable a proper understandiThJ of the financial stalements to be reached. James Groves FCA The Institute of Charlered Accounlanls in England and Wales TC Bromh8ad Lirniled Harscombe House 1 Darklake View Plymouth Devon PLS 7TL 22 May 2026 Page 7
I Societ for the Prevention of Cruelt to Animals Pl outh & South West Devorb Branch Statement of Financral A¢tivitlès For The Year Ended 31 December 2025 31.12.2S Total fund$ 31.12.24 Total lunds Uniestricted funds Restrided fund No¢es INCOME AND ENDOWMENTS FROM Dtsnalions and legacies 168.449 168.449 48,868 Charitable actlvltles Treatrnent and welfare of animals 4,025 4,025 5.315 Other trading actimlies Investment income 36.558 47.482 36.558 47,482 27,718 44,160 Total 256.514 256,514 128,061 EXPENDITURE ON Raising funds 39.083 39.083 33,590 Charltable activities Treatment and welfare of animals 193.008 193,008 203,384 Total 232,091 232,091 236.974 Nel gains on investments 25,106 25.106 16.713 NET INCOMEIIEXPENDITUREI 49.529 49.S29 194,200} RECONCILIATION OF FUNDS Total funds brought fon*ard 1.385.735 1,385,735 1.479,935 TOTAL FUNDS CARRIED FORWARD 1.435,264 1.435.264 1,385.735 The notes lomi part of these finanLial 5taletnents Page 8
al Socie for the Prevention of Cruel to Animals Pl outh & Soulh West Devon Branch Statement of Financial Position 31 December 2025 31.12.25 Total funds 31.12.24 Total funds Unreslri¢led fLtnds Restricted fvnd Notes FIXED ASSETS Tangible assets Investments Inve51menls Investment property 14 62.680 62.680 63,433 15 16 268.538 395.000 268.538 395.000 247,482 395,000 726.218 726,218 705,915 CURRENT ASSETS Debtors Cash al bank and in hand 17 9,716 719.682 9.716 719.682 8,090 701,598 729.398 729.398 709,688 CREDITORS Amounts falling du8 wlhin one year 18 120.3521 120,3521 129,8681 NET CURRENT ASSETS 709.046 709.046 679,820 TOTAL ASSETS LESS CURRENT LIABILMES 1.435.264 1.435,264 1.385.735 NET ASSETS 1,435,264 1.435.264 1,385.735 FUNDS Unrestiicled funds 19 1.435.264 1.385,735 TOTAL FUNDS 1,435,264 1.385,735 The fin2ncial slatem8nls were approved by the Board of Tntee$ aThJ authorised for issue on 22 May 2026 and were signed on ils behalf by- A Hindle Trvstee The nole5 lorm part ol these financial slalemenls Pag8 9
I Socie for th¢ Prevention of Cruel to Anirnals Pl outh & South le51 Oevon Branch Statement of Cash Flows For The Year Ended 31 D¢¢ember 202 31.12.25 31.12.24 Not8S Cash flows frorn operating a¢tivltl¢s Cash generated from operatsons 14,449 1124.0261 Net cash provKled byllused inl operating actiwties 14,449 1124,0261 Cash flows from Investing activities Purchase of tangible fixed assels Purchase of fixed asset investments Sale of fixed asset investments 14151 1114,7601 118,810 14851 154,7591 47,242 Net ¢ash provKled byllused inl investing a¢livibes 3.635 18,0021 Change in cash and Gash equlvalents in the reporting perio Cash and cash equivalonts at the beginnlng of the reporting period 18,084 1132.0281 701.598 833.628 Cash and cash equlvalents at the end of the reporting perlod 719.682 701.598 The notes lorm part of these finanoal stalemenls Page 10
I So¢1¢ for the Prevention of Cruelt to Animal$ Pl outh & South We51 Devon Branch Notes to the Statement of Cash Flows For The Year Ended 31 December 2025 RECONCILIATION OF NET INCOMEIIEXPENDITUREI TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.12.25 31.12.24 Net incomellexpenditurel for the porting period las per the Statement of Financial Actlvltlesl Adjustments for.. Deprecialion ¢harges Gain on inveslmÈnls Increase in debtors Decrease in credito¥s 49.529 194,2001 1.168 125.1061 11,6261 19,5161 1.174 116,7131 12,0281 112,2591 Net cash provided byllused in) operatlon$ 14.449 1124,0261 ANALYSIS OF CHANGES IN NET FUNDS Al 1.1_25 Cash flow At 31.12.25 N4t eash Cash at bank and tn hand 701.598 18.084 719.682 701.598 18.084 719,682 Total 701.S98 18,084 719,682 Th8 notes fomi part of these fin¢la1 staterryents Page 11
I Socie for the Pie¥¢ntlon of to Animals Pl outh & South West Devon Bran¢h Cruel Notes to the Financial Statements For The Year Ended 31 December 2025 ACCOUNTING POLICIES Basis of preparing the financlal Statements The financial slalemenls of the tharity, which is a puNic benefit entity under FRS 102. have b8en prepared in accordance with the Charities SORP IFRS 1021 A¢cwntsng and Reporting by Charities.. Stalemenl of Recotnrnended Practice applicable lo chaiilies weparing Iheir accounts in accordan with th8 Fin8ncial Reporting Standard applicable in the UK and Repub11¢ of Iland IFRS 1021 lefteclive 1 January 20191., Financial Reportin9 Standard 102 'The Financial Reporting Standard applicable iri the UK and Republic of Ireland, and the Charities A¢t 2011. The financial slaterThents have been prepared under the hislori¢al cost convention, wlh the excep11 of invÈsiments which are induded at madtel value, as modified by the revaluation of certain assets. The trustees consider there are no rnaterial uncertainties atx)ut the Charivs ability lo conlinue as a going cOnr. These financial slalements are prepare(l on a going concern basis. The financial stat8menis are prepared in sterling whth is Ihe functional Ixjrrency of the Charily and is rounded to the nearest £1. The org8nisation operates as an unincorporaied charity. Income Donations and cdleclion boxes are fecognised in the year in which the Charity is entitled to and certain ol ipl and the amount can be measured wilh reasonable certainty, this pdi¢y is also applied lo all income from th8 3 charity 5hop5 shown under other irading activitie5 bn the statement of financial p0511ion. Legacies are recognised in the fin3n¢ial year that along wlh established entitlement there is ieasonable probabilily the legacy will be re¢esve<l and Ihe amount can be rneaSu wth sufficient accuracy. Investment in¢ome is accounted for in Ihe year during %thich bl is recetve(l. Expenses incurr8d in relation to this income are shown s8parately 1th1n Ihe stalemenl ol financial activities. Income re¢ognised under charitable alts"e$ is r1Ved based on the number of animals the charity as successfully able lo re-home during Ihe financial year. Expenditure Liabilities are recognised as expendiiure as soon a5 Ihere is a legal or constructive obligalk)n commilting th8 charity to that expenditu. Tl is probable Ihat a Iransler of economic benefits will be required in setllement and Ihe amount of the obligabtsn can be measured reliably. Expenditu is accounted for on an accruals basis and has been dassified under headings that aggregat8 all cost ielaled to Ihe category. Where c051s cannot be dire¢lly allributed to partIlar headings they have been all(Kated lo activities on a basis consistent wth the use ol resources. Governance costs and support costs These costs have been allocated between govemance and Olher support costs. Goveman¢e costs eornprise all costs involving the public ac¢ountabilily ol Ihe Charity and $t$ related lo stalutory requ1mentS. Governanc8 and support C051s late lo the primary activity of the charitable purpose. Tangible fixed a5set$ Depreciation is prowded at the lolknwng annual fates in order lo write ofl each asset over its estirnaled useful Freehold ro Freehold properly comprises of Iwo shops lh8 charity operate from and is ¢nclvded in these financial year statements at deetned ctssl al Ihe year of transition {20161. Depwialion is ch8fged 2% per annum on the slraighl line basis from 1 January 2016. Plant and machine These are slated at cost less depreciation. Depretialion is charged at 15% per annum on the reducing balance ba515. Fixtures and fitlin These are stated al cost less depreuabon and is prowded at 15%. 20% and 25% on a reducin9 balance basis over ils 8slimated useful life. Page 12 conlinued...
al Socie for the Prevention of Cruel to Animals Pl outh & South West Devon Branch Notes to the Financial Statements- continued For The Year Ended 31 De¢ember 2025 ACCOUNTING POLICIES . Continued Investment property Investment property is shown at mosl recenl valuation. Any aggregate surplvs or deficit arising from ehanges in fair value is recognised in Ihe Slalement ol Financial Activities_ Taxatlon The charity is exempl from lax on its Charitsb activities. Fund accounting All funds received by the Charity in th8 financial year are unr8slricted and can b8 used in accordance with the charitable objectives at the discretion of the trustees. Re¢ognltlon and valuation of donated goods for resale 11 is impractical to estimate fair value on the donated 9oods due to the low volume of low-value items and absence of detailed stock control syslems or records. Therefore all donated goods for resale a not ¢09n1$e on receipt but instead the value is ¥ec(wised Ihe donaled go(%Js are sobj as income. Investments Investments are slated at rnarket value as at Ihe balance sheet date. The Stalernent of Fsnancial Activili8S Includes the nel gains or losses arising on revaluation and disp05als ihroughout the year. DONATIONS AND LEGACIES 31.12.25 31.12.24 Legacies Collection tx)xes Miscellaneous donations and collections 140,607 20,519 7,323 21.294 21.816 5,758 168.449 48,868 OTHER TRADING ACTIWTIES 31.12.25 31.12.24 Tavistock takings Milehou5e takings Grenville takings 25.025 10.813 720 20.614 7.104 36.558 27.718 INVESTMENT INCOME 31.12.25 31.12.24 Rents received Bank and building society interest 25.449 22.033 26,317 17,843 47,482 44,160 Thi5 include5 gross income received by an independent managemenl property Ihat manage 3 investment properties held by the Charily. All expenses relaled to these prcyrb.es a Sho under raising funds on the statement of financial activities. Interest includes all receipts of inleresl from the investment portfolio as well as any bank intere51 received in Ihe current financial year. Page 13 nlinueij...
I Socie for the Prevention of Cruel lo Animals Pl outh & South West Devon Branch Notes to the Financlal Statements- continued For The Year Ended 31 December 2025 INCOME FROM CHARITABLE ACTrVITIES 31.12.25 31.12.24 ArAMty Treatrnent afid [fa ofanimals Hotnirig lees 4.025 5,315 RAISING FUNDS Other trading activities 31.12.25 31.12.24 Rent and rates In5uran¢e Buildin9 repalrs Light and heal Travelling Support costs 6.296 1.788 2.255 1,676 1,406 1,143 5.922 1,436 10,642 229 1.105 14.564 19,334 Invastment management $ts 31.12.25 31.12.24 Light and h8al Adminislralive expenses Property repairs Investment management charg88 Support costs 6.153 1.929 11.253 3.195 1.989 1.420 2.863 8.487 693 793 24,S19 14,256 Aggregate amounts 39,083 33,590 CHARITABLE ACTIVITIES COSTS SvppThl costs lsee note 81 Dit C05t5 Totals Treatmenl and w8Mare of animals 177.380 15.628 193,008 Page 14 continued...
I Societ for the Preventlon of to Animals Pl oststh & South West Devon Branch Cruel Notes to the Flnan¢lal Statement$ - Continued For The Year Ended 31 0eceThber 2025 SUPPORT COSTS Goveman costs Management Tol81s Other trading activities Inveslrnenl management costs Treatrnent and w8lfar8 of animals 932 1,621 12,732 211 368 2,896 1.143 1,989 15,628 15,285 3.475 18.760 Support costs, induded in the atr1¥e. a as folknbs". 31.12.25 31.12.24 Trealmenl an welfare Other Iradtng aCtIlieS Inveslmenl mana9emenl costs Total activities Total anitnals Legacy fees Bookkeeping serViS Depreciation and WTite offs Donation5 paid Sundry Telephon8 Postage and stationery Independent examination A¢countsn¢y 229 110 71 79 323 97 23 85 126 398 192 124 138 561 168 40 147 221 3.137 1.513 973 1.083 4.421 1.289 316 1.158 1.738 3.764 1.815 1,168 1,300 5.305 1.554 379 1,390 2.085 1,631 1,174 500 4.398 1.436 380 1,450 2,255 1.143 1.989 15,628 18,760 13,224 INDEPENDENT EXAMINATION 31.12.25 31.12.24 Independent exarnination 1,390 1.450 10. TRUSTEES. REMUNERATION AND BENEFITS Tru5tee5 received no remuneration for the *rk they undertake on behaw of the charity. Trustees. expenses There were £1.577 of truslee5' expense5 during the yeaf. %%ith £1,406 relating lo travel for two trustees. £128 laling lo postage c051s for I trustee arKJ £43 relating to slationery for one trustee. There were no Irustee5' expenses In the prior year. Page 15 (x)nlinued..
al Socie lor the Prevention of Cruel to Animals Pl mouth & South West Devon Branch Notes to the Finan¢lal Statements - continued For The Year Ended 31 December 2025 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Vnreslricled funds Restricted fund Total fund5 INCOME AND ENDOWMENTS FROM Donations and tegacies 48.868 48,868 Charitable activities Tiealrnent and welfare of anirnals 5,315 5,315 Other trading acliwlies Investment income 27.718 44.160 27.718 44,160 Total 126,061 126.061 EXPENDITURE ON Raising funds 33.5• 33,590 Charitable activltles Treatment anij weKare of animals 203.384 203.384 Total 236.974 236,974 Net gains on investments 16.713 16.713 NET INCOMEIIEXPENDITUREI 194.2001 194,2001 RECONCILIATION OF FUNDS Total funds brought torward 1.479,935 1,479,935 TOTAL FUNDS CARRIEO FORWARD 1,385.735 1,385,735 12. EMPLOYEES The charity has no ernployees ihls year or Ihe preedIng year. 13. VOLUNTEERS The charity relies on volunteers to cArry out managemenl. administration and charity Shop dutses. Page 16 continued...
al Socie for the Prevenfion of Cruelt to Anirnal$ Pl outh & South West Devon Branch Notes to Ihe Financial Statements - conttnued For The Year Ended 31 December 2025 14. TANGIBLE FIXED ASSETS Fixtures ani5 Freehold property Plant and mathinery Totals COST Al 1 January 2025 Additions 72.808 407 73.799 415 415 At 31 December 2025 72.808 999 407 74.214 DEPRECIATION At 1 January 2025 Charge for year 9,829 1,092 376 10,366 1,168 69 At 31 December 2025 10,921 230 383 11,534 NET BOOK VALUE Al 31 D8cember 2025 61.887 759 24 62.660 Al 31 De¢ember 2024 62.979 423 31 63.433 15. FIXED ASSET INVESTMENTS Listed investments MARKET VALUE Al l J2nuary 2025 Additions Disposals Revaluations 247,482 114,760 1118,8101 25.106 At 31 December 2025 268.538 NET BOOK VALUE Al 31 Decernbw 2025 268,538 Al 31 December 2024 247.482 Investment assets outside the UK were valued at £228,535 at the year end. Al olher investrnenls were held in the UK. The historic cos¢ value of the porifolm) is £279.596. 16. INVESTMENT PROPERTY FAIR VALUE Al 1 January 2025 and 31 Decetnber 2025 395,000 NET BOOK VALUE Al 31 December 2025 395,000 Al 31 December 2024 395,(K)O Fair value al 31 December 2025 wa5 determined by a valuation completed in March 2023 Iprevious valuation February 20201 by the property maT>agemenl company Smeaton Homes an¢J the fair value at the balance sheet dale is represented by". Page 17 Continued...
al Socie for the Prevention of Cru61 to Animals Pl outh & South West Devt>n 8ranch Notes to the Finan¢ial Ststements- conlinued For The Year Ended 31 December 2025 16. INVESTMENT PROPERTY- continued Deemed cost at transition to FRS 102 in 2016 Valuation in February 2020 Valuation in March 2023 105.991 209,009 80.000 395,000 11 the propety had not been revalued il would have been induded al the frA107ng historical cost.. 31.12.25 31.12.24 Cost 105,991 105.991 Fair value at 31 De(xrnber 2025 is repsented by.. Valuabon in 2025 395.000 17. DEBTORS: AMOUNTS FALLING OUE WITHIN ONE YEAR 31.12.25 31.12.24 Trade debtors Other deblors VAT Prepaym8nis 195 661 5,501 1,733 4.113 4,347 1,256 9.716 8,090 18. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.25 31.12.24 Trade creditcirs Other creditors 8.146 12.206 22.191 7,677 20,352 29,868 19. MOVEMENT IN FUNDS Nel rnovement in funds A11.1.25 31.12.25 UTr$1¥1¢ted funds General fund 1,385.735 49.529 1,435.264 TOTAL FUNDS 1.385,735 49.529 1,435,264 Page 18 continued...
al Socie for the Prevention of Cruel to Animals Pl outh & South West Devon Branch Notes to the Financlal Statement$ ¢ontrnued For The Year Ended 310e¢ember 2025 19. MOVEMENT IN FUNDS . continued Nel movetnenl in funds, induded in the above a as foltows." Inwming resour$ Resources expended Gains and 105ses Movement in funds Unrestricted funds General fund 256.514 1232,0911 25.106 49.529 TOTAL FUNDS 256.514 1232.0911 25.106 49,529 Comparative5 for movement in fund$ Net vemenl in funds At 31.12.24 At 1.1.24 Unrestricted funds Gen8ral fund 1.479,935 194,2001 1,385,735 TOTAL FUNDS 1.479.935 194,200} 1,385.735 Comparative net movement in fvnds. included in the above a as fdknws.. Incoming resources Resourc8S expended Gains and losses ovemenl in fun¢Js Unre$trlcted funds Gen&ral fund 126.061 1236,9741 16,713 194,2001 TOTAL FUNDS 126.061 1236.9741 16.713 194,2001 A current year 12 months and prior year 12 months combined posibon ¢9 as lollows". Nel movement in funds At 31.12.25 At 1.1.24 Unrestricted funds General fund 1.479.935 144,6711 1.435.264 TOTAL FUNDS 1.479.935 144.6711 1.435,264 Page 19 continued...
Ro CmÈl I Societ for the Prevention of to Animals Pl ovth & South West Oevon Branch Notes to the Financial Statements- Continued For The Year Ended 31 December 2025 19. MOVEMENT IN FUNDS-continued A current year 12 monlhs and prior year 12 months combined nel movemenl in funds. induded in the above ar8 as follows.. IncomiThJ reSoUrS Resources expende Gain5 and losses Movement In funds Unrestricted funds General fLJnd 382,575 1469.0651 41.819 144,6711 TOTAL FUNDS 382.575 1469.0651 41,819 144.6711 20. RELATED PARTY DISCLOSURES During the year the ch8rity did rtol have any expenditure wth related parties. Last year th8re was no expenditu with related parties. Page 20
I Socie for the Prevention of to Animals Pl outh & South West Devon Branch Cruol Detailed Statement of Financial Actlvlties For The Year Ended 31 De¢embe¥ 2025 31.12.25 31.12.24 INCOME AND ENDOWMENTS Donations and lega¢les Legacies Collection boxes Mis¢ellaneous donations and collections 140,607 20,519 7,323 21.294 21.816 5.758 168,449 48.868 Other trading activitles Tavistock takings Milehouse takings Grenville takings 25.025 10.813 720 20.614 7.104 36,558 27.718 Investment income Rent5 received Bank and building society interest 25.449 22.033 26.317 17.843 47,482 44.160 Charitable activili85 Hotning fees 4.025 5,315 Total incoming resour¢e$ 256.514 126.061 EXPENDITURE Other tr3ding activities Rent and rates Insuran Building iepairs Light and heat Travelling 6.296 1.788 2,255 1,676 1,406 5,922 1,438 10,642 229 13.421 18,229 Investment mana9ement ¢051$ Light and heat Administrative expens8S Property repairs Investmenl managernent char9es 6,153 1,929 11,253 3,195 1,420 2,863 8.487 693 22.530 13.463 Charltable a¢tlvltle$ Conlribulions to RSPCA regional fund Kennel lees and food Veterinary fees 7.718 42.234 127,428 32.050 42,485 117,523 177.380 192.058 This page does nol fomi pari of Ihe stalvlory financial statements Page21
I So¢ie for the Prevention of Cruelt to Animals Pl outh & South West Devon Branch Detailed Statement of Financial Activities For The Year Ended 31 December 2025 31.12.25 31.12.24 Support ¢o$t$ Management Legacy fees Bookkeeping serwces Depreciation and write offs Donations paid Sundry Telephone Postage and stationery 3,764 1,815 1,168 1,300 5.305 1.554 379 1.631 1.174 500 4.398 1.436 380 15,285 9,519 Governance cost5 Independent exarninalion Accountancy 1,390 2.085 1.450 2.255 3,47S 3,705 To181 resources expended 232,091 236,974 Nèl Incomellexponditurel beforo gain5 an losses 24.423 1110,9131 Realised ie¢oynlsed gains and losses Realised gainslllossesl on fixed as5el investments 4,519 129.8511 Net incomellexpenditui¢l 28,942 1140.7641 Thi5 page does nol fom part of Ihe slalutory financial slaiemenls Pa9e 22