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 a￿a. 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 t￿atment 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 aCtI￿lieS 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. part￿￿larlY involwng cats and dogs. Earty in the year, the Bfanch responded lo requests from local farmer5 to assist wth feral cat populatEOll5, rernowng and ne￿tering nineteen cats across Iwo properties. All anirnals were treated for fleas and worms before beitvJ retsJme(J. Valuable support was provided by LIz￿e 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 I￿rk 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 I￿atment 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$sary treatment. When we have caught them and have had them in Ca￿ for a few days, many prove tts be far (rom feral but have avoided human contact because of their fear of the unknovm or because they have been ill-trealed in the past. SorTre tan overcorne this fear in a relatively short time, others can be mote of a challenge. We accept that some will never be able lo live in a dorneslic setting bul we can still improve theii lives by treats'ng and plaang them in an environment where they have food. shelter and someone lo monito¥ their conditi￿. This may b8 the ofiginal area bul only if there is ongoing support. Page 2 I Socie for the PrÈventlon of Cruelt to Animals Pl outh & South Wesl Devon Branch ort of the Trustees For The Year Ended 31 December 2025 Some domestic cats Iwell loved by Iheir 0￿￿e[sI can. vthen lost. develop Ihe same sort ol fear through the stress of being alolle in an alien enwronmenl. One such cal was spotted in Ihe Dockyard some mtsnlh5 ago. We soon r8alised that he was new to the ar8a an¢J in view of his condition must be caught urgently. He was so dirty that il was difficult lo be sur8 of his colour and breed. Once caught he was checked lor a mi¢ro¢hip and found to be a reported stray. His owner was conta¢ted and we found he was 8 dorneslie cat who had lived as an indoor cal all his life and had been lost for almost a year. He musl have been terrified of the great outdoors and il is miracle thal he survived lor so long. The family had losl hope of ever seeing him again and were delighted to get hirn back. One of the family was dispalched lo the pel shop lo Collect supplies including cat shampooll A very unexpected and satisfactory ending_ Thanks goes to Lizzie for the effort she made to catch him so quickly and relum hirn lo his owners. Ann8 Hind18 Feral Cal Representative rt for Animals tsTh Ukraine Paul has made further w511s to Ukraine this year io several animal Cent￿$. 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 P￿nts 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 ￿1￿life 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 r￿d b￿￿s, 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 an￿ouS 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. (Inc￿ne £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 0￿Upied 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$ltion In Ihe year ended 31 December 2025 the Chaiity had a surplus of £28.942 12024", deficrt £140.764 of incoming resources against resource5 expended. Total income ￿ceIVed for the y8ar Wds £256.514 compared to £126.C61 in the pwous financial y88r and is a iesull of an increase in legacy donats'ons. This year saw large decieases lo Contribution5 lo RSPCA ￿giOnal fund than in previous years. However. there w8r8 increases across over vanous costs which led to a small decrease in expenditure Ihis year. Investment polity anil perfomiance The rnanagement committee has considered the mosl appropriate policy for investing funds and ha5 found that investing funds in a deposit account. ¥noderale investmenl portfolio and lh￿e investment properties rneets their requiremenl$. Th8 cornmillee consvjer the relum Ihal they receive on their investments to b8 sa115factory. The charity has two investment properties in operati￿7 and Ihey ￿nerate¢j in￿rne 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 Othe￿Se 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 se￿l¢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 cOn￿M 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 st￿1 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 mee￿ngS 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 h￿dS 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 obje￿5 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$k managernent The Trustees are responsible for th8 management of the risks fac£d by Ihe Charity. The Twstees continue lo examine the major intern81 and external risks that the charity faces. Systems are in e￿StenCe to rnonilN and control these risks to rniligale any impact that they may have on the chartty in the futu￿. The key controls used by the charity in(aude'. Fom)al agendas for all Committee and Board meetin95. Cornprehen5ive strategic planning. bu¢Jgeling and management accwnting. Established organisatsonal structur8 and lines of iewrting. Clear aulhorisation and approval 18vels. The Trustees recogThise that systems Can only pro￿de reasonable bul Th)1 absolule assuran￿ that major risks have been adequately managed. Governan¢e Statement The trustees have had due regard to prirripals of recommended pract￿eS as set out by the"Charity Governan￿ Code" and have applied Ihese vtherever practical and in decisw)n making. REFERENCEAND ADMINISTRATrVE DETAILS Registered Charity number 205961 Prin¢lpal address 80 Grenville Road Sl Judes Plymouth Devon PL4 9PY Trustees Mrs A Hindle Secretary Mrs L Parker Mrs C Maddick r￿aS￿rer Mrs A Dyer E Smith (appointed 19.6.25} B Gent (appointed 19.6.251 Ire$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 Charit￿s ad￿sOr$ are given atx)ve. Approved by order of the board of truslees on 22 May 2026 and s￿ned 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 b*ilh 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 prepa￿d 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 Tn￿tee$ 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 I￿land 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 cOn￿r￿. 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¢esveagemenl 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 frA10￿7ng historical cost.. 31.12.25 31.12.24 Cost 105,991 105.991 Fair value at 31 De(xrnber 2025 is rep￿sented 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$trlcted funds Gen&ral fund 126.061 1236,9741 16,713 194,2001 TOTAL FUNDS 126.061 1236.9741 16.713 194,2001 A current year 12 months and prior year 12 months combined posibon ¢9 as lollows". Nel movement in funds At 31.12.25 At 1.1.24 Unrestricted funds General fund 1.479.935 144,6711 1.435.264 TOTAL FUNDS 1.479.935 144.6711 1.435,264 Page 19 continued... Ro CmÈl I Societ for the Prevention of to Animals Pl ovth & South West Oevon Branch Notes to the Financial Statements- Continued For The Year Ended 31 December 2025 19. MOVEMENT IN FUNDS-continued A current year 12 monlhs and prior year 12 months combined nel movemenl in funds. induded in the above ar8 as follows.. IncomiThJ reSoUr￿S Resources expende Gain5 and losses Movement In funds Unrestricted funds General fLJnd 382,575 1469.0651 41.819 144,6711 TOTAL FUNDS 382.575 1469.0651 41,819 144.6711 20. RELATED PARTY DISCLOSURES During the year the ch8rity did rtol have any expenditure wth related parties. Last year th8re was no expenditu with related parties. Page 20 I Socie for the Prevention of to Animals Pl outh & South West Devon Branch Cruol Detailed Statement of Financial Actlvlties For The Year Ended 31 De¢embe¥ 2025 31.12.25 31.12.24 INCOME AND ENDOWMENTS Donations and lega¢les Legacies Collection boxes Mis¢ellaneous donations and collections 140,607 20,519 7,323 21.294 21.816 5.758 168,449 48.868 Other trading activitles Tavistock takings Milehouse takings Grenville takings 25.025 10.813 720 20.614 7.104 36,558 27.718 Investment income Rent5 received Bank and building society interest 25.449 22.033 26.317 17.843 47,482 44.160 Charitable activili85 Hotning fees 4.025 5,315 Total incoming resour¢e$ 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