2022-12-31-accounts - RSPCA Sussex West Branch

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		Page
Chairman's statement
Trustees' report		2-12
Statement ofTrustees'	responsibilities	13
independent auditor's	report
Statement offinandal	activities	18 ~ 19
Balance sheet
Statement ofcash flows		21
Notes to the financial statements		22-37

Current financial year	Current financial year
				Unrestricted	Unrestricted	Restricted	Total	Total
				funds	funds	funds
				general	designated
				2022	2022	2022	2022	2021
				6	8	8	8	8
t
Donabons and legacies			3	360,058		21,738	381,796	739,638
Government Covid-19grants ~CI ' Cl dl 't			3	1,882			1,882	183,125
Adoption fees				21,320			21,320	3,195
Other trading activities			4	593,338			593,338	445,673
Investmsnts			5	177,584			177,584	226,253
Total income				1,154,182		21,738	1,175,920	1,597,884
~ddtt
Raising funds			6	426,536			426,536	437,023
~CC tdl tlt
Animal Centre				683,856		617	684,473	492,702
Total charitable	expenditure			683,856		617	684,473	492,702
Total resources	expended			1,110,392		617	1,111,009	929,725
Nst gains/(losses) on invsstmsnts			11	(160,180)			(160,180)	(532,321)
Net (outgoing)/incoming		resources
before transfers				(116,390)		21,121	(95,269)	135,838
Gross transfers	between funds			(8,041)	25,000	(16,959)
Net (expenditure)/income		for the year/
Net movement	In funds			(124,431)	25,000	4,162	(95,269)	135,838
Fund balances at 1 January 2022				11,790,395		16,850	11,807,245	11,671,407
Fund balances	at 31December
2022				11,665,964	25,000	21,012	11,711,976	11,807,245

Prior financial	year
				Unrestricted	Unrestricted	Restricted	Total
				funds	funds	funds
				general	designated
				2021	2021	2021	2021
			Notes	8	8	8	6
Income from:
Donations and	legacies		3	739,638			739,638
Government Covid-19 grants			3	183,125			183,125
Charitalhltr~ivi	I~
Adoption fees				3,195			3,195
Other trading activities				445,673			445,673
Invsstmsnts				226,253			226,253
Total income				1,597,884			1,597,884
Bga dll
Raising funds			6	437,023			437,023
Charitable acfivlties
Animal Centre			7	491,002		1,700	492,702
Total charitable	expenditure			491,002		1,700	492,702
Total resources expended				928,025		1,700	929,725
Nst gains/(losses) on investments			11	(532,321)			(532,321)
Net (outgoing)/incoming		resources before
transfers				137,538		(1,700)	135,838
Gross transfers	between funds			2,858,536	(2,868,536)	10,000
Net (expenditure)/income		for the yeari
Net movement	In funds			2,996,074	(2,868,536)	8,300	135,838
Fund balances	at 1 January 2021			8,794,321	2,868,536	8,550	11,671,407
Fund balances	at 31December 2021			11,790,395		16,850	11,807,245

					2022	2021
				Notes	6	6
Fixed assets
Tangible assets				13	5,277,788	4,681,993
Investment	property			14	3,593,000	4,198,000
					8,870,788	8,879,993
Current assets
Stocks				15	5,623	1,118
Debtors				16	297,428	620,563
Investments				17	1,788,673	2,367,298
Cash at bank and in		hand			944,597	219,052
					3,036,321	3,208,031
Creditors:	amounts	faglng due within
one year				18	(195,133)	(193,353)
Net current	assets				2,841,188	3,014,678
Total assets less cunsnt liabilities					11,711,976	11,894,671
Creditor:	amounts	falling due after
mors than	one year			19		(87,426)
Net assets					11,711,976	11,807,245
Income funds
Restricted funds				20	21,012	16,850
~ngLdg~fund
Designated	funds			21	25,000
General unrestricted		funds			11,665,964	11,790,395
					11,690,964	11,790,395
					11,711,976	11,807,245
The linancia	tatsmsnts		were approved	by ths Trustees	onSO/.5(QCG.6
M Fal

					2022		2021
				Notes	f		f
Cash flows from operating		activities
Cash generated from operations				27		255,364		330,980
Investing	activities
Purchase	oftangible fixe assets				(736,849)		(3,646,608)
Proceeds	from disposal oftangible		fixed
assets					6,001		3,698
Purchase	ofinvestment property						(850)
Proceeds	from disposal of investment
property					444,820		2,680,529
Proceeds	from disposal ofother invsstmsnts				578,625		269,734
Investment	income received				177,584		226,253
Net cash	generated from/(used		in)
investing	activities					470,181		(467,244)
Net cash	used in financing	activities
Net incressel(decrease) In		cash	and cash
equivalents						725,545		(136,264)
Cash and	cash equivalents	at beginning		ofyear		219,052		355,316
Cash and	cash equivalents	at end ofyear				944,597		219,052

		Unrestricted	Restricted	Total	Total
		funds	funds
		general
		2022 8	2022 6	2022 6	2021f
Donations	and gifts	70,769	21,738	92,507	90,048
Legacies receivable		289,289		289,289	649,590
Government	grants re: Covid-19 assistance	1,882		1,882	183,125
		361,940	21,738	383,678	922,763
Forthe year ended 31 December 2021		922,763			922,763
Legacies receivable
Kimberley		5,092		5,092	307,939
McClurs					142,303
Stanley					74,417
Mssson					53,689
Evans		6,000		6,000	54,458
Muir		133,888		133,888
Psmbarton		29,557		29,557
Oliver		65,000		65,000
Eder		39,958		39,958
Buck		5,225		5,225
Other		4,569		4,569	16,784
		289,289		289,289	649,590

			Unrestricted	Unrestricted
			funds	funds
			general	general
			2022	2021
			6
Fundraising	activities		5,667	7,505
Sale ofgoods - charity shops			584,349	435,282
Sale ofgoods - rehoming		centre	3,322	2,886
Other trading	activities		593,338	445,673

Vnrastrlcted	Unrestricted
funds	funds
general	general
2022	2021
	8
161,725	210,815
15,859	15,438
177,584	226,253

		2022	2021
		6	6
Try~din
Operating	charity shops	186,607	175,242
Staff costs		203,351	186,012
Depreciation		4,163	9,170
Support costs		1,940	13,901
Trading costs		396,061	384,325
Investment	property costs	30,475	52,698
		426,536	437,023

			2022	2021
			8	8
Staffcosts			289,456	211,755
Depreciation			136,318	76,050
Rates, water and refuse			10,238	7,607
ught and heat			35,951	14,142
Repairs and renewals			11,085	6,724
Insurance			3,636	1,695
Veterinary fees, drugs	and food		100,885	20,921
Training costs			1,682	2,648
Consumables			10,625	99
Goods for resale/fundraising		costs	34,964	30,498
Oflice costs			9,370	3,543
Motor expenses			2,342	835
Legal and professional			16,320	53,025
Disallowabls VAT			14,233	46,589
			677,105	476,131
Share ofsupport costs (ses note 8)			1,788	9,590
Share ofgovernance	costs	(sss nots 8)	5,580	6,981
			684,473	492,702
Analysis by fund
Unrestricted funds - general			683,856
Restricted funds			617
			684,473
Forthe year ended 31December 2021
Unrestricted funds - general				491,002
Restricted funds				1,700
				492,702

Suppok	cos	ts
			Support	Governance	2022	2021
			costs	costs
			f	f
Loss on disposal offixed assets			(5,428)		(5,428)	7,898
Miscellaneous		expenses	3,576		3,576	8,924
Disallowable		VAT				1,050
Auditors'	remuneration			11,160	11,160	12,600
			(1,852)	11,160	9,308	30,472
Analysed	between
Trading			(3,640)	5,580	1,940	13,901
Charitable	activities		1,788	5,580	7,368	16,571
			(1,852)	11,160	9,308	30,472

Ths average	monthly number ofemployees dudng th	e year was:
		2022	2021
		Number	Number
Employees		28	28
Employment	costs	2022f	2021f
Wages and salaries		474,365	371,696
Social security costs		18,442	26,071
		492,807	397,767

					Unrestricted Unrestricted	Unrestricted Unrestricted
					funds	funds
					general	general
					2022 f	2021 8
Revalua8on	of	investment	propsr8sa		(80,000)	17,150
Gain/(loss)	on	sale of investment		properties	(80,180)	(549,471)
					(160,180)	(532,321)

Tangible fixed assets
		Freehold	Leasehold	Plant and	Total
		buildings	land and	equipment
			buildings
			8
Cost
At 1 January 2022		4,754,273	58,139	83,193	4,895,605
Additions		653,350		83,499	736,849
Diaposals			(16,897)	(860)	(17,757)
At 31 December 2022		5,407,623	41,242	165,832	5,614,697
Depreciation and impairment
At 1 January2022		156,057	37,370	20,185	213,612
Depreciation charged	in ths year	121,992	4,163	14,326	140,481
Eliminated in respect ofdispoaals			(16,791)	(393)	(17,184)
At 31 December 2022		278,049	24,742	34,118	336,909
Carrying amount
At 31December 2022		5,129,574	16,500	131,714	5,277,788
At 31 December 2021		4,598,216	20,769	63,008	4,681,993

Investment property
		2022
		8
Fair value
At 1 January 2022		4,198,000
Disposals		(525,000)
Net gains or losses through	fair value adjustments	(80,000)
At 31December 2022		3,593,000

15	Stocks
					2022	2021
					8	8
	Finished goods and goods for resale				5,623	1,118
16	Debtors
					2022	2021
	Amounts falling		due within one year:		8	8
	Other debtors				42,660	178,874
	Prspayments	and accrued income			254,768	441,689
					297,428	620,563
17	Cunent asset investments
					2022	2021
					8	8
	Cash equivalents		on	deposit	1,788,673	2,367,298
18	Creditors: amounts			falling due within one year
					2022	2021
					8	8
	Other taxation	and social security			13,265	6,283
	Trade creditors				26,552	49,283
	Other creditors				102,875	92,730
	Accruals and deferred income				52,441	45,057
					195,133	193,353

2022	2021
6	6
	87,426

					Movement	In funds
	Balance at	Resources	Transfers	Balance at	Incomlns	Resources	Balance at
	1January 2921	expended		1January 2S22	resourrxm	expended	31December
							2e22
					6	6	6
Long Term
CondiTions
Fund	6,850		10,000	16,850			16,850
Golf Fund	1,700	(1,700)
Veterinary
Equipment
Fund					21,738	(17,576)	4,162
	8,550	(1,700)	10,000	16,850	21,738	(17,576)	21,012

				Balance at	Reseurces	Transfem	Balance at	Transfers	Balance at
			1	January 2021	expended	1	January 2022		21 December
									2022
				f	f	8			8
Redevelopment		fund		2,868,536	(3,435,635)	567,099
Veterinary	Suite	dental
equipment								25,000	25,000
				2,868,536	(3,435,635)	567,099		25,000	25,000

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non-cancefiable operating leases, which fafi due as follo	ws:
	2022 6	2021f
Within one year	96,200	1O6,TOO
Between two and five yearn	239,900	224,466
In over five years	6,000
	$42,100	333,166

Capital commitments			2022	2021
			6	6
At 31 December 2022	the charity had capital commitments	as follows:
Contracted for but not	provided in the financial statements:
Acquisifion ofproperty,	plant and equipment			526,972

		2022 6	2021f
Aggregate	compensation	42,071	57,198

Cash generated from	operations	operations			2022	2021
					8	6
(Deficit)/surpus for the	year				(95,269)	135,838
Adjustmsnts for:
Investment income recognised		in statement	offinancial	activities	(177,584)	(226,253)
(Gain)/loss on disposal	oftangible fixed assets				(5,428)	7,898
Loss on disposal ofinvestment		property			80,180	549,471
Fair value gains and losses on		invsstmsnt	properties		80,000	(17,150)
Depreciation oftangible	fixsd assets				140,481	85,220
Movements in worldng	capital:
(Increase)/decrease in	stocks				(4,505)	3,256
Decrease/(increase) in	debtors				323,135	(353,591)
(Decrease)/increase in	creditors				(85,646)	146,291
Cash generated from	operations				255,364	330,980