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|||Farm and Co, Chartered
Certified Accountants.
were appointed
Accounts Examiners
for the financial
year
under review.
They have indicated
their willingness
to be re-appomted
to that oflice.||
|---|---|---|---|
|Achievements
and Performance||||
|||The Branch was again busy throughout
the year with increases
in activities: mpecially at the Clinic. Resourcm||
|||werc again stretched,
but it was felt that the Branch had continued
to make a simtiftcant
conmbution
to
the overall ainu ofthe RSPCA
by managing
to maintain
its essential services throughout
the Jxwr.||
|Public Benefit||||
|||The services
provided
by the Branch in accordance with the aims ofthe society tacan that a amat public
benefit n providcsL The considerable
volume ofactivity by the Branch has achieved this aim locally.
The Trustees are aware of;and have due regard for the Charity Commission's
guidance an Public Benettt.
A fuller report ofthe Branch Activities. Achievements
and Perforntance
is published
in conlunction
with these
financial statements.
A copy ofthis can be obtained
from the Branch at:||
|||Welfare Clinic. Tarworks Road, Great Yarmoutix
Norfolk NRIO IQR
Or from tbe Branch Website:
I . ~
rv„s .c - r||
|Reserves|Policy|||
|||The Trustees' policy, in line with head office recommendations,
is to maintain
a balance ofreserves which||
|||equate to one and ahalf timm annual
running costs.||
|Investment||Policy||
|||The Branch has a conservative,
cautious investment
policy. which seeks to minimisc
risk while trying toobtain
a balance betwccn capital gmwth
and income.||
|Risk Analysis||||
|||Risk assessmcnts
warn generally
done thmughout
the year.||
|||A firm ofspecialists
was employed
to advise on Employment
mater.||
|||Financial risks continue tobe addressed
regularly at management
meetings.||
|Ftnancial|Review|||
|||Incoming Resources totalled f394,610;a increase off94,675 over 2022. Voluntary
Income remained
at the 2022 level.
There were no significaat Legacies this year. and there werc no Grants received. These were offset by increoses
in Donations
and Rehoming off7,000 and X2,000respectively.
Shop takings increased
by f24,000 mainly do to opeumg another shop.
Income from Other Activities;
mainly Clinic Collections; Neutering
and Recycling Credits; produced
addrtional
income
amounting
tof64,000:reflecting the increased
volume ofactivities during
the year.
Total Resources Expended
amounuxl
to 6392,566;an increase aver 2022 oi'6 I 16,000.The additional
costs; arose mainly
form staffing
matters
involving:
additions to personal,
increased bours, personnel
changes. and pay increases.
Other cost increases were in Vet and Medicines ncx which reflected the increase
in activities
in the year.
The net nnult was a surplus oflncoroing Resources off2,044 for the year' which has been add rxl to the General Reserve.
There was an unrealised
Incremc in Investment
values off3,403;and it is noted that a further increase continues to date.
lime were
No Restricted Funds in the year.||
|||The General Reserve Balance at 31stDccembm'2023
isf227610.This together with the Designated
Funds off150000is
represented
by the total ofNet Assets as shown on page 5.||
|||The total reserves
have dropped to 959sofrunning costs. This is below the target of 1.5 set by the Trustcm, They are,
however,
satisfied
that the cununt state ofthc Charity's
flnances sre satisfactory.||
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|||||||TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Funds|Restricted|FUNDS|FUNDS|
||||Designated|General|Funds|2023|2022|
|||NOTE||||||
|INCOMING RESOURCES||||||||
|Incoming Resources from generated|funds|||||||
|Voluntary
Income
Activities
for generating|funds|||62,570
161,006|0|62,570
161,006|61,260
136,649|
|Investment
Income
Incoming resources
fmm charitable|activities|||1,145
169889||1,145
169889|1,003
101023|
|Total Incoming Resources|||0|394,610|0|394,610|299,935|
|RESOURCES EXPENDED||||||||
|Costs ofgenerating
funds||||||||
|Fundraising
trading: costs ofgoods sold||||||||
|and other costs.||||108,074||108,074|76,365|
|Charitable
activities costs||||273,190|0|273,190|189,979|
|Governance
costs||||11302||11302|10211|
|Total Resources Expended|||0|392 566|0|392566|276555|
|NET INCOMING
RESOURCES|BEFORE|||||||
|OTHER RECOGNISED GAINS|&LOSSES||0|2,044|0|2,044|23,380|
|Other recognised gaias(2022 losses) -Uarealised.||tc||3,403||3,403|-422|
|NET MOVKMKNT IN FUNDS|||0|5,447|0|5,447|22,958|
|BALANCE brought forward|||150,000|222,156||372,156|349,198|
|Fuad Traosfers||||||0|0|
|BALANCE carried forward|||8150,000|8227,603|80|8377,603|8372,156|
##
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|||||||||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||Unrestricted|Restricted|totat|total|
|||||||||||||fund|fund|funds|funds|
|2.|Vot|l ml||||||||||||||
|||Legacies||||||||||1,431||1,431|3,945|
|||Grants||||||||||0||0|6,000|
|||Donations
and Gifts||||||||||25,241||25,241|18,563|
|||ReHoming||||||||||11,520||11,520|9,275|
|||Cash Couecuons and|||Door||to|Door||||23,114||23,114|23,218|
|||Subscriptions||||||||||I 264||I 264|259|
|||||||||||||E62,570|fu|862 570|861 260|
|3.|Activities for Generating
Funds|||||||||||||||
|||Shop Takings||||||||||155,942||155,942|132,505|
|||Fundraising
Royalties||||||||||5,064||5064|4 144|
|||||||||||||E161006|EO|E161 006|f.136649|
|4.|Investraent
Income|||||||||||||||
|||Income from Quoted||Investments||||||||984||984|913|
|||Bank Interest Receivable||||||||||161||161|90|
|||||||||||||61,145|EO|El,145|8L003|
|5.|Iacome from Charitable
Activities|||||||||||||||
|||Other Income - Insurance,||||etc.||||||9,548||9,548|17,681|
|||Neutering
Refunds||||||||||20,237||20,237|9,552|
|||Recycling Credits||||||||||11,817||11,817|1,160|
|||Clinic Collections||||||||||128287||128287|72630|
|||||||||||||f.169,889|EO|f169,889|f101,023|
|6.|Fundraising
Trading: Costs|||ofGoods||||sold and other Costs.||||||||
|||Shop -Wages||||||||||68,715||68,715|48,607|
|||Shop rent, rates and|insurance.|||||||||23,108||23,108|17,405|
|||Shop light, heat and|water.|||||||||5,184||5,184|2,692|
|||Shop telephone.||||||||||913||913|338|
|||Shop Repairs and renewals||||and||Bins||||5,632||5,632|2,735|
|||Shop sundnes
and card|||charges|||||||3,490||3,490|3,716|
|||Other Fund raising expeoses||||||||||I 032||I 032|872|
|||||||||||||f108074|EO|EI08 074|E76365|
|7.|Charitable
Activities
Costs|||||||||||||||
|||Veterinary
fees, dressings,||||drugs||and appliances||||17,038||17,038|18,059|
|||iuelfare, Neutering|Re-Honung|||||A|Micro Chipping|||18,065||18,065|11,516|
|||Boarding Fees||||||||||23,200||23,200|22,949|
|||Salaries and Employef|||sNIC.|||||||129,965||129,965|69,705|
|||Vehicle mamtenance||and runmng|||||expenses|||5,176||5,176|4,231|
|||Telephone
and postage||||||||||1,771||1,771|1,103|
|||Chnlc Costa|||Vetennary||||fees, dressings||and appbances|62,280||62,280|50,951|
||||||Rates||and||Insurance|||1,023||1,023|986|
||||||Water Light and Heat|||||||2,014||2,014|1,035|
||||||Repairs|||and Decorating||||4,356||4,356|1,257|
||||||Telephone|||||||1,771||1,771|463|
||||||Bank Charges|||||||2,590||2,590|2,529|
||||||General|||Expenses||||1,251||1,251|290|
|||Depreciation oftangible|||fixed||assets|||||2 690||2690|4 905|
|||||||||||||f273,190|EO|f273,190|EI89,979|
|8.|Governance
Costs|||||||||||||||
|||Branch Contributions||||||||||551||551|551|
|||Office Rent||||||||||3,184||3,184|2,870|
|||Accountancy
and Bxaminer's|||||fees|||||2,701||2,701|2,616|
|||Legal and Professional|||Fees|||||||1,507||1,507|2,002|
|||Travel, Accommodation|||and other||||secretanal|expenses||3359||3359|2 172|
|||||||||||||El 1,302|EO|f,11,302|f10211|
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|. ange xe|sets||||Motor|Fixe. Fits.|Fixe. Fits.|Leasehold|TOTAL|
|---|---|---|---|---|---|---|---|---|---|
|COST|At 1st January
Additions||||Vehicles
8,500|th|Equipt
31,731
4,555|Property
14,358|54,589
4,555|
||Disposals||||||||0|
||At|31stDecember|||8500||36286|14358|59 144|
|DEPRECIATION
At||1stJanuary|||5,810||25,171|14,358|45,339|
||Charge for year||||670||2,020||2,690|
||Disposals||||||||0|
||At|31stDecember|||6,480||27,191|14,358|48,029|
|WRITTEN|DOWN VALUE|||||||||
||At|31stDecember|2023||82,020||89,095|EO|fl1,115|
||At|31stDecember|2022||f2,690||66,560|fo|f9,250|
|All the net|book values above relate to fixed assets|||used for direct charitable|purposes.|||||
||||||2023||2022|2023|2022|
|10. Investmeats|||||Cost|||Market|Value|
|Ldt G(Barclays)MM
UK Alpha Fund A||||||||||
||At 1.1.2023||||1,927||1,927|49,001|49,423|
||Revaluation
Gain (2022 Loss)
At 31.12.2023||(unrealised).||5I 927||61,927|3,403
f52,404|-422
f49,001|
||Cunent Market|Value-|12.6.2024|||||856492|849,428|
|11.Debtors and Prepaymeats -amounts
falliag due|||within|oae year||||||
||Prepayments|||||||1,741|1,570|
||Legacies Receivable|||||||0|1,449|
||VAT Refunds|||||||0|128|
||Other Debtors|||||||9,152|1,413|
|||||||||EIOJI93|84460|
|12. Creditors aad Accruals -amounts||falling due in|one year.|||||||
||Trade creditors|||||||5,694|7,749|
||VAT Payable and other Taxes|||||||1,954|560|
||Accruals|||||||3,850|2,532|
|||||||||f11,498|f10+41|
|13. Analysis ofAssets between
Funds|||||Uarestricted|||Restricted|Total|
|Tangible Fixed Assets|||||||11,115||11,115|
|Investments|||||||52,404||52,404|
|Stocks, Debtors and Prepayments|||||||23,430||23,430|
|Cash and Bank|||||||302,152||302,152|
|Current Liabilittes|||||||-11,498||-11,498|
|||||||6377,603||fo|5377,603|
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