2022-12-31-accounts - Royal Society For The Prevention Of Cruelty To Animals Cotswolds, Gloucester & District Branch

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Charity registration number 207006 ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME LEGAL AND ADMINISTRATIVE INFORMATION Trustees Ms C Blackburn, Honorary Chair Mr S Moxham, Honorary Treasurer Mr M Shields, Honorary Secretary Mrs A Sulcliffe Ms D Gilleland-Gould Mr Julian Temblett (Appointed 26 November 20221 Charty number 207006 Principal address Beechmeadow Farm Elmcole Lane Cambridge Gloucester United Kingdom GL2 7AS Audllor ets Audit Services Epsilon House The Square Gloucester Business Park GIOUster United Kingdom GL3 4AD Bankers HSBC Bank PIC 4 King Street Stroud Gloucestershire United Kingdom GL5 3DS Scottish Wdows PO Box 883 Leeds LS1 9TY Triodos Bank Deanery Road Bristol United Kingdom BS1 SAS Sanlander Bridle Road Bootle Liverpool United Kingdom GIR OAA Solicitors Charles Russell Speechlys Compass House Lypiatt Road Cheltenham Gloucestershire United Kingdom GL50 2QJ

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME CONTENTS Page Trustees, report Independent auditorfs reFx)rt 7-10 Stslernenl of financial activities Balance sheet 13 Stslemenl of cash flows 14 Notes to the financial statements 15-31

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 The Trustees present their annual report and financial slalements for the year ended 31 December 2022. The financial statements have been prepared in accordance with the accounting policies set out In note 1 to the financial statements and comply wth the branch's governing document, the Charities Act 2011 and 'Accounling and Reporting by Charities." Statement of Recommended Piaclice applicable lo charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021" (effective 1 January 20191. Objectlves and actlvltles The RSPCA Cotswolds, Gloucester & District Branch (the Charity) is an unincorporated charitable association and a separately registered charity affiliated to the Royal Society for the Prevention of Cruelty lo Animals Ilhe Societyl, carrying out direct animal welfare work in the Gloucester and South Cotswolds area in accordance with the policies of the Society. All charities in England and Vvales have charitable aims that are based on providing public benefit and comply with the Charities Act 2011. The charity trustees pay due regard to Charity Commission guidance on public benefit. Preventing cruelty and promoting kindness lo animals promotes moral benefit lo the community as a whole and helps people who are vulnerable and in need with the care of their animals. The Trustees have reviewed the outcomes and achievements of ils objectives and activities for the year, lo ensure that focus remains on ils charrtable aims and that the Charty continues lo deliver benefit lo the public. The next section of this report highlights the charity's main activities and the benefit provided lo the public. Our charitable activities focus on promoting kindness and preventing cruelly to animals and are undertaken lo further these purposes for public benefit. Charitable activities pursued for the public benefit Supporting Neglected, Abandoned andAbusedAnimals The Charity works with the lo¢al RSPCA inspector and the local animal welfare officers by supporting and tsking in neglected, abused and abandoned animals. 11 also lakes in, Cares for and finds new homes for pets whose owners suffer ill health, financial or soaal difficulties or pass away. Animals in the Charity's care receive veterinary treatment, vaccination, neutering, micro-chipping and are assessed for re-homing. We operate an open intake policy and are committed to ensuring every vulnerable animal in our community has access to a safe space with support and care that will ensure they are able lo live a happy life free from pain and suffering. Providing subsidised veterinary treatment The Charity provides subsidised veterinary treatment for animals that are sick or injured and belong to people in the local community on low incomes. This is done through a voucher scheme and twice weekly veterinary clinic held al the Slroud and Beechmeadow Farm premises. This work benefits those on means tested benefits by giving them financial help lo obtain care for their companion animals in need of veterinary Irealmenl. Providing subsidised neutering and ID-chipping The Charity provides subsidised neutering and micr&chipping of companion animals for those in the community on low incomes. This is done by a voucher scheme. This work helps control dog and cat populations through neutering and benefits those on means lesled benefits by giving them financial help lo neuter and mi¢ro¢hip companion animals thereby promoting responsible pet ownership.

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Rehoming The Charity finds new homes for animals in need lo people willing and able lo have a companion animal. We operate a Supported Adoption Scheme for animals that need long-lemi veterinary support enabling these pets lo live comfortably as well as benfitting from a loving home. Whilst it is recognised that companion animals provide immeasurable benefits to people's physical and mental health, it is considered the provision of pets as a subsidiary to the main charitable aim of this servi, which is ID reduce animal suffering. A policy lo charge a reasonable adoption fee for animals aims to highlight the ongoing personal and financial commitment of pel ownership. 11 would not be In the best interests of animals and therefore would fall outside of the charitable objects, lo -hOMe lo those who could not afford them. Pet Retreat The Charity launched ils Pel Retreat Pilot Project in 2022. The scheme is designed to support animals belonging lo people who are fleeing domestic abuse or struggling to Care for thèir animals because of homelessness. Vvorking closely with third paty agencies we supported 11 animals through the scheme, 500/0 of the animals we cared for were reunited with their families and the remaining 500kn were signed over by their families, who sadly made the decision that they were unable lo meet their pets needs in the longer-lemi. Outreach Clinics During in the last quarter of 2022 the charity worked at developing relationships with third parties who work and support vulnerable people living wthin our community and sharing their life with a pel. It had become evident that some of the charity's services are not easily accessible lo the more vulnerable sector5 of ils community. By working with third parties who support vulnerable groups of people the chaiily has sel up a number of outieach clinics and support facilities. The outreach work is very much in its infancy but there is already clear evidence of need and of the positive impact on the welfare of animals. Flnanclal Revlew, Achlevements & Plans for the Future The charity relies primarily on the income from its charity shops, fundraising and legacies to support its charitable aclivilies. The Trustees are pleased lo report that the finanual position at the end of the reporting period shows an increase of £394,05912021.. £284,4361 lo a net asset position of £5,886,05412021.. £5,491,995). The key aim of the charity is to ensure that no vulnerable animal wthin our community is wilhoul a safe space or is left to suffer because of a lack of veterinary Irealmenl. The charity's affiliation with the National RSPCA means that it works closely with RSPCA Inspectors who deal with the worst cases of abuse. neglect and abandonment. The Cotswolds Dogs & Cats Home has gained an outstanding reputatlon for its work with animals that need a little bit more care in a quiet, calm environment. In 2022 40°h of animals we cared for came lo us through the RSPCA Inspectors, 10°/o of these were long stay case animals, suffering the worst effects of abuse and neglect. The legal process means that case animals are often long slay animals. The approach lo caring for these animals al the home together with the support of a network of foster homes means the charity can ensure these animals are given the care and environment they need to slowly recover from their ordeal and lo ultimately find wonderful families lo share their lives with. Ke Statistics 2022 imals Rehomed 32 are Su ort D-chi 213 Pet Retreat utreach Clinics 87

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Policy on reserves The assets of the charity are predominately held in fixed assets, mainly the buildings and land comprising the Cotswolds Dogs & Cats Home at Beechmeadow Farm, Cambridge. The Charity also has a portfolio consisting mainly listed investments and cash at bank which is held by the Trustees lo cover ftjlure sile development and ongoing charity operating costs. The BDard of Trustee's at their meeting in March 2023 formally designated £1.5 million of reserves in the 2022 accounts towards a Phase 11 build at the Cotswold Dogs & Cats Home. The charity maintains cash balances and short term deposits ID fund its ongoing operations. This represents approximately nine months of the envisaged increased expenditure of the charity in the future. At the balance sheet dale, the charity had fe reserves of £1,241,53012021". £1,279,8911. Investment policy and objectives Surplus funds are placed on deposit wth the bank Insofar as they may be needed in the foreseeable future lo cover the iunning costs for a period of several months. Funds over and above thi5 are invested lo produce a mixture of capital growth and income from low risk investments. Thèse risks comply with ethical standards as set out in thè publication "RSPCA Policies on Animal Welfare" The opening value of the investment portfolio of £444,001 on 1 January 2022 compares with the closing value of the portfolio on 31 December 2022 of £397,117. The closing value is staled after net capital additions of £96.943 during the year. There was an unrealised loss in the value in the portfolio of £42,900. Risk management The Trustees have assessed the major risks to which the branch is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. Significant risks are.. loss of reputation through error or fraud loss of income through error or fraud insufficient funds to cover the cost of animal welfare activities Insufficient funds to cover the operation of The Cotswold Dogs & Cats Home Objectives and policies The charity's activities expose it lo a number of financial risks including fraud, credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity's policies approved by the Board of Trusteès, which provide written principles on the use of financial derivatives to manage these risks. The charity does not use derivative financial instruments for speculative purposes. Cr9dlt rlsk The charity's principal financial assets are bank balances and cash, trade and other receivables, and investments. The charity's credit risk is primarily attributable lo ils trade receivables. The amounts presented in the balance sheet are nel of allowances for doubtful receivablès. An allowance for impaimient is made Whe there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows. The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit-ratings assigned by intemational credit-rating agenaes. The charity has no signrficant concentration of credit risk, wf(h exposure spread over a large number of counterparties and customers.

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Plans for future periods The strategi¢ priority for the Board of Trustees is lo ensure that ils charitable activities are sustainable both in delivery and funding. The charity is working to increase both commercial and traditional fundraising streams with the key objective of ensuring that this is achieved. The charitable objective is to ensure every vulnerable animal in the community has the support it needs to live a happy life free from suffering or neglect. Engaging with the local community is key to reducing neglect, cruelty and abandonment and the charity's aim for 2023 is to continue ID focus on developing and delivering the core charitable objectives within our Community. Demand for welfare clinics is high and the charity will be looking at how Il is able lo increase provision and ensure thè more vulnerable demographic wlhin ils area is able lo access support for their pets through the charity's outreach work and the Pel Retreat Scheme. The charity's longer-temi plans are to incrèase capacity and develop our operational model al the Colswolds Dogs & Cats Home. The Board of Trustees al their meeting in March 2023 formally designated £1.5 million of reserves in the 2022 aount$ towards a Phase11 build at the Cotswold Dogs & Cats Home. Future development al the sile will enable the charity to expand its work in a number of key areas, including with third party agencies and animals who are victims of organised crime, as well as increasing capacity and offering specialist services ensuring the needs of the local community are met. The charity will measure the success of these objectives by seeing increased statistics across its core activity areas of Re-homing, Veterinary Assistan, Neutering, Pel Retreat and Outreach work as well as seeing an increased engagement in the charity's work by the local community and key stakeholders. Volunteers The Charity is dependent on voluntary support and re¢ognises the incredible contribution made by ils volunteers. Volunteering opportunities available for people who wish to support its work are spread across the key operational areas of income generation {retail and fundraising), administration (fundraising and animal welfare) and animal welfare Ifoslering and home-visib'ngl. In 2022 the Charity benefited from an estimated 15,901 hours of volunteering time. structure, governance and management The Board of Trustees is elected from the membership al the Annual General Meeting and three officers are elected from the Board of Trustees. Trustees are appointed lo the Board based on their area of expertise and the contribution they are able to make lo both the Board and the wider charity. Al Trustees are briefed on their responsibilities as Trustees prior lo their acceptance of the role. 1 Trustees are required lo dedare any business interests which may conflict with their role as a trustee and trustees sign a Declaration of Imllingness to Act and abide by a Trustee Code of Conduct. The Board has monthly meetings and matters relating lo govemance of the charity and major decisions are passed on a majority vote of those present. Day lo day financial adminislralion is undertaken by experienced in-house staff, overseen by the Treasurer who reports lo the Board at their monthly meeting. Delegation of the day to day operational management relating lo Welfare Delivery. Retail and Fundraising are delegated to Operational Managers who are designated a board member line manager and are accountable to the Board of Trustees.

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 The Trustees who served during the year were". Ms C Bla¢kburn, Honorary Chair Mr S Moxham, Honorary Treasurer Mr M Shields, Honorary Secretsry Mrs A Sutcliffe Ms. N Hooper Mr. R Sellek Mr. l Edwards Mrs. H Li Mrs. J E Guy Ms D Gilleland-Gould Mr Julian Temblett (Resigned 25 June 20221 (Resigned 25 June 20221 (Resigned 2 August 20221 (Resigned 13 June 20221 (Resigned 25 June 20221 (Appointed 26 November 2022} Remuneratlon Pollcy Remuneration is reviewed annually by the Board of Trustees. In setting remuneration levels consideration is given to the financial impact lo the charity, the benchmarking of salary rates, the retention of good staff, the ability lo attract the right skills and calibre of staff and as a Real Living Wage employer, the prevailing Real Living Wage rate. Relatlonshlp wlth connected charlty The Royal Society for the Prevention of Cruelly lo Animals IRSPCAI based al Horsham provides specialist administration services and advice lo the Charity via an allocated Branch Partnership Manager. Ststement of Trustees. responsibilities The Trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally A¢cepled Accounting Practice). The law applicable to charities in England and Wales requires the Trustees lo prepare finanryal stslemenls for each financial year which give a true and fair view of the state of affairs of the branch and of the incoming resources and application of resources of the branch for that year. In preparing these financial statements, the Trustees arè required lo.. select suitable accounting policies and then apply them consistently", observe the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent., slate whether applicable accounting standards have been followed, subject lo any material departures disclosed and explained in the financial slalements., and prepare the financial slalements on the going concern basis unless il is inappropriate lo presume that the charity will continue in operation. The Trustees are responsible for keeping sufficient acwunling records that disclose with reasonable accuracy al any time the financial position of the branch and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity IAccounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the branch and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 The Trustees, report was approved by the Board of Trustees. Ms C Blackburn, Honorary Chair Trustee Mr S Moxham. Honorary Treasurer Trustee 27 May 2023

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH Opinion We have audited the financial ststements of Royal Society for the Prevention of Cruelty to Animals Cotswolds. Gloucester & District Branch Ithe 'branch'l for the year ended 31 December 2022 which comprise the statement of financial activities, the balance sheet, the slalement of cash flows and notes lo the financial statements, including significant accounting policies. The financial reporting framewotk that has been applied in their preparation is applicable law and United Kingdom Accounting Stsndards, including Financial Reporting Standard 102 The Financial R&porting Slancl&rd applicable in the UK and RepublNc of lTrl&nd (United Kingdom Generally Aepted Accounting Practice). In our opinion, the financial slatemenls.. give a true and fair view of the state of the charity's affairs as at 31 December 2022 and of its incoming resources and application of resources, for the year then ended., have been properly prepared in accordance wth United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Charities Act 2011. Basls for oplnlon We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Audilorts sponsIbl1rt1eS for the audit of the financial statements section of our report. We are independent of the branch in accordance wlh the ethical requirements that are relevant lo our audit of the financial statements In the UK, Including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance wth these requirements. We believe that the audit evidence we have obtsined is sufficient and appropriate lo provide a basis for our opinion. Concluslons relatlng to golng concern In auditing the financial statements, we have concluded that the Trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the branch's ability lo continue as a going concern for a period of at least fvlelve rnonlhs from when the financial slalements are authorised for issue. Our responsibilities and the responsibilities of the Trustees wfch respect lo going concem are described in the relevant section$ of this report. Other Infomiation The other information comprises the information included in the annual report other than the financial statements and our auditor's report Ihereon. The Trustees are responsible for the other informatlon contained wthin the annual report. Our opinion on the financial statements does not cover the other infomialion and we do not express any fomi of assurance conclusion Iherèon. Our iesponsibilily is lo read the other information and, in doing so, consider whether the other Information is materially Inconsislenl wlh the financial statements or our knowlèdge obtained in the course of thè audit, or otherwise appears lo be materially misslaled. If we identify such material inconsistencies or apparent material misslalements, we are required lo determine whether this gives rise lo a material misstslemenl in the financial stslemenls themselves. If, based on the work we have performed, we conclude that there is a material misststement of this other information, we are required to report that fact. We have nothing lo report in this regard.

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH Matters on which we are required to report by exception We have nothing to report in respect of the following matters in relation lo which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion.. the information given in the financial slalemenls is inconsistent in any material respect with the Trustees, report", or sufficient accounting records have not been kept., or the financial slalements are not in agreement with the accounting records", or we have not received all the information and explanations we require for our audit. Responsibilitles of Trustees As explained more fully in the Statement of Trustees, Responsibilities. the Trustees are responsible for the preparation of the accounts and for being satisfied that they give a true and fair view, and for such internal control as the Trustees, determine is necessary lo enable the preparation of accounts that are free from material misslalemenl, whether due to fraud or error. In preparing the accounts, the Trustees are responsible for assessing the branch's ability lo continue as a going concern, disclosing, as applicable, matters related lo going concern and using the going concern basis of accounting unless the Trustees either intend to aSe operations, or have no realistic alternative bul to do so. Audltorfs responslbllltles for the audlt of the flnanclal statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordan wth the Act and relevant regulations made or having effect thereunder. Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from material misslatemenl, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance bul is not a guarantee that an audit Conducted in a¢¢ordance with ISAS IUKI will always detect a material misststement when il exists. Misstatements can arise from fraud or error and are considered material if. individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. A further description of our responsibilities is available on the Financial Reporting Council's website al.. https'.11 www.frc.org.ukJaudilorsresponsibilities. This description forms part of our auditor's report.

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH Extent to which the audit was considered capable of detecting irregularities, including fraud Irregularities, induding fraud, are instances of non-compliance with laws and regulations. We design procedures in line wth our responsibilities, outlined above and on the Financial Reporting Council's website, lo delecl material misststemenls in respert of irregularities, including fraud. We obtain and update our understanding of the entity, its aclivilies, ils control environment, and likely future developments, including in relation lo the legal and regulatory framework applicable and how the enlily is complying with that framework. Based on this understanding, we Identify and assess the risk5 of material misstatement of the financial stslemenls, whether due lo fraud or error, design and perform audit procedures responsive lo those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. This includes consideration of the risk of acts by the entity that were contrary lo applicable laws and regulations. including fraud. In response to the risk of irregularities and non-complian with laws and regulations, including fraud, we designed procedures which induded.. Enquiry of management and those charged with govemance around actual and potential litigation and claims as well as actual, suspècted and alleged fraud", Reviewing minutes of meetings of those charged with governance", Assessing the extent of compliance with the laws and regulations considered to have a d1cl material effect on the financial stslemenls or the operations of the enlily through enquiry and inspection,. Reviewing financial stslemenl disclosures and testing lo supporting documentation lo assess compliance with applicable laws and regulations., Performing audit work over the risk of management bias and override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting eslimales for indicators of potential bias. Because of the inherent limitations of an audit, the is a risk that we will not detect all irregularities, including those leading to a material misslatemenl in the financial slalements or non-compliance wrth regulation. This risk in¢reases the more that compliance with a law or regulation is removed from the events and transadions reflected in the financial statements. as we will be less likely to become aware of instances of non-compliance. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. other matters Your attention is drawn to the fact that the charity has prepared financial slalements In accordance with Accounting and Reporting by Charities". Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" las amended) in preference to the Accounting and Reporting by Charities. Statement of Recommended Practice issued on 1 April 2005 which is referred lo in the extant regulations but has now been withdrawn. This has been done in order for the financial statements to provide a true and fair view in accordance with current Generally Accepted Accounting Practice.

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022 Current financial year Unrestricted Restricted funds funds 2022 2022 Total Total 2022 2021 Notes Income from: Donations and legacies Charitable activities Other trading activities Investments 431,086 63,432 1,646,816 24,473 64,112 495,198 63,432 1,646,816 24,473 377,485 304,756 1,168,778 28,065 Totsl Income 2,165,807 64.112 2,229,919 1,879,084 endlture on: Raising funds 1,029,983 1,029,983 949,479 Charitable activities 678,354 73,182 751,536 655,093 Total resources expended 1,708,337 73,182 1,781,519 1,604,572 Netllossesllgains on investments 13 154,3411 154,3411 9,924 Net movement in funds 403,129 19,0701 394,059 284,436 Fund balances al 1 January 2022 5,474,572 17,423 5,491,995 5,207,559 Fund balances at 31 December 2022 5,877,701 8,353 5,886,054 5,491,995 The ststemenl of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies.

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022 Prior financial year Unrestricted Restricted funds funds Total 2021 2021 2021 Notes Incom8 from: Donations and legacies Charitable activities other trading activities Investments 346,126 304,756 1,168,778 28,065 31,360 377,486 304,756 1,168,778 28,065 Total income 1,847,725 31,360 1,879,085 Ex enditure on: Raising funds 949,479 949,479 Charitable activities 619,177 35.916 655,094 Total resources expended 1,568,656 35,916 1,604,573 Net gainslllossesl on investments 13 9,924 9,924 Net movement in funds 288,993 14,5561 284,436 Fund balances al 1 January 2021 5,185,580 21,979 5,207,559 Fund balances at 31 December 2021 5,474,573 17,423 5,491,995 The ststemenl of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies. 12-

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME BALANCE SHEET AS AT 31 DECEMBER 2022 2022 2021 Notgs Flxed assets Tangible assets Investments 14 15 3,143,524 397,118 3,207,490 444,001 3,540,642 3,651,491 Current assets stocks Debtors Cash at bank and in hand 18 17 18,834 663,665 1,757,918 9,697 502,142 1.415,433 2,440,417 1,927,272 Creditors: amounts falling due within one year 19 {95,0051 186,7681 Net current assets 2,345,412 1,840,504 Total assets less current Ilabllltles 5,886,054 5,491,995 Income funds Restricted funds Unrestricted funds 21 8,353 5,877,701 17,423 5,474,572 5,886,054 5,491,995 I I IFI the Trustees on 27 May 2023 Ms C Blackburn, Honorary Chair Trustee Mr S Moxham, H Trustee Treasurer 13-

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2022 2022 2021 Notgs Cash flows from operatlng actIvIe$ Cash generated from operations 27 331,722 251,629 Invostlng actlvltlg$ Purchase of tangible fixed assets Purchase of investments Transfer to cash in investment portfolio Proceeds on disposal of investments Investment income received 16,2521 1219,9101 111,9831 1107,1101 105,151 28,066 212,452 24,473 Net cash generated from Investlng actlvltles 10,783 14,124 Net cash used In flnanclng actlvltles Net increase in cash and cash equivalents 342,485 265,753 Cash and cash equivalents at beginning of year 1,415,433 1,149,680 Cash and cash equivalents at end of year 1,757,918 1,415,433 14-

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting policies Charity inforniation The Royal Society for the Prevention of Cruelty lo Animals Cotswolds. Gloucester and District Branch Ilhe charity) is an unincorporated charitable association and a separately registered charity affiliated lo the Royal Society for the Prevention of Cruelty to Animals (the Society), carrying Out direct animal welfare work in Gloucestershire and the South Cotswolds area in accordance with the policies of the Society. The principal address is Beechmeadow Farm, Elmcole Lane, Cambridge, Gloucester, GL2 7AS. 1.1 Accounting convention The financial slalements have been prepared in accordance with the branch's governing d(£ument, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. I'FRS 102.1 and the Charities SORP Accounting and Reporting by Charities." Slalement of Recommended practi applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" (effective 1 January 20191. The branch is a Public Benefit Entity as defined by FRS 102. The financial statements have departed from the Charities IA¢counts and Reports) Regulations 2008 only lo the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practi for charities applying FRS 102 rather than the version of the Statement of Recommended Practi which is referred lo in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the branch. Monetary amounts in these financial statements are rounded to the nearest £. The Royal Society for the Prevention of Cruelty lo Animals Cotswolds, Gloucester and District Branch meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised al historical cost or transaction value unless otherwse stated in the relevant accounting policy notes. 1.2 Going concern Al the lime of approving the financial statements, the Trustees have a reasonable expectslion that the branch has adequate resour$ lo continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial stslemenls. 1.3 Charitable funds Unrestrictèd funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as lo how they may be used. The purposes and uses of the restricted funds are set out in the notes to the finanaal statements. 1.4 Incoming resources Income is recognised when the branch is legally entitled lo il after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income Mrill be reived. Legacies are recognised on receipt or otherwse if the branch has been nolilied of an impending dislribulion, the amount is known, and receipt is expected. If the amount is not known, the legacy is Irealed as a conlingenl asset. Cash donations are recognised on receipt. Other donations are recognised once the branch has been notified of the donation, unless perfomiance conditions require deferral of the amount. Income tax recoverable in relal'on to donations received under GiftAid or deeds of covenant is recognised at the time of the donation. 15-

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2022 Accountlng pollcles Icontlnuedl 1.$ Resources expended l expenditure is recognised once there is a legal or constructive obligation to that expenditure and il is probable that settlement is required. All costs are allocated to the applicable expenditure heading that aggregates similar costs lo that category. Vvhere costs cannot be directly allribuled lo particular headings they have been allocated on a basis consistent with the use of resources. I resources expended are inclusive of irrecoverable VAT. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and ServIS for ils beneficiaries. It includes both costs that can be allocated directly lo such activities and those of an indirect nature necessary lo support them. These include the costs attributsble lo the charty's compliance wlh constitutional and slatulory requirements, induding audit, strategic management and Trustee's meetings and reimbursed expenses. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured al cost or valuation, nel of depreciation and any impaimient losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Freehold land and buildings Clinic equipment Oftice equipment & furniture Motor vehicles 2°h on cost 250A on cost 10-33°/¢ on cost 33.30A on cost The gain or loss arising on the disposal of an asset is determined as the difference beeen the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Fixed asset investments Fixed asset listed investments are initially measured al transaction price excluding transaction costs, and are subsequently measured al fair value al each reporting dale. Changes in fair value are recognised in net incomellexpenditLJrel for the year. Transaction costs are expensed as incurred. 1.8 Impairment of fixed assets Al each reporting end dale, the branch reviews the Carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss lif any). 1.9 Stocks Stocks are slated at the lower of cost and eslimaled selling price less costs to complete and sell. Cost mprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost. Nel realisable value is the estimated selling price less all eslimaled costs of completion and costs to be incurred in marketing, selling and distribution. 16-

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2022 Accountlng pollcles Icontlnuedl 1.10 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call wth banks, other short-temi liquid investments Tmth original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown thin borrowings in cuirenl Iiabililies. 1.11 Financial instruments Financial instruments are recognised in the branch's balance sheet when the branch becomes paty lo the conlra¢lual provisions of the inslrumenl. Financial assets and liabilities are offset. wrth the net amounts presented in the financial statements, when there is a legally enforceable right lo set off the recognised amounts and there is an intention lo settle on a nel basis or to realise the asset and settle the liability simultaneously. BasiTC financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried al amortised cost using the effective interest method unless the arrangement ¢onstilules a financing transaction, where the transaction is measured at the present value of the future reip1S discounted at a market rale of interest. Financial assets classified as receivable within one year are not amortised. Baslc flnanclal Ilabllltles Basic finanaal liabilities, including creditors and bank loans are initially recognised al transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured al the present value of the future payments discounted at a market rale of interest. Financial Iiabililies dassilied as payable thin one year a not amortised. Debt instruments are subsequently carried al amortised cost, using the effective interest rale method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary Urse of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequendy measured al amortised cost using the effective interest method. Derecognition of financial liabilitios Financial liabilities are derecognised when the branch's contractual obligations expire or are discharged or cancelled. 1.12 Taxation The charity is exempt from corporation tax on income and gains falling within section 505 of the Taxes Act 1988 or section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to the charitable objects. 1.13 Provisions Provisions are recognised when the branch has a legal or constructive present obligation as a result of a past event, it is probable that the branch will be required lo settle that obligation and a reliable estimate can be made of the amount of the obligation. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation al the reporting end date, taking into account the risks and UnrtaInlieS surrounding the obligation. here the effect of the lime value of money is material, the amount expected to be required to settle the obligation is recognised al present value. When a provision is measurèd at present value, the unwinding of the discount is recognised as a finance cost in nel incomellexpenditurel in the period in whith it arises. 17-

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2022 Accountlng pollcles Icontlnuedl 1.14 Employee beneflts The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required lo be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday enlitlemenl is recognised in the period in which the employee's services are received. Temiination benefits are recognised immediately as an expense when the branch is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 1.15 Retir&m•nt benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. 1.18 Government grants Government grants are recognised al the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions wll be mel and the grants will be received. Govemment grants relating lo turnover are recognised as income over the periods when the related costs are incurred. Grants relating lo an asset are rewgnised in income systematically over the asset's expected useful life. If part of such a grant is deferred it is recognised as deferred income rather than being deducted from the asset's carrying amount. Critical accounting ostimatss and judgements In the appli¢alion of the branch's accounting policies, the Trustees are required lo make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other soUS. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these eslimales. The estimates and underlying assumptions are reviewed on an ongoing basis. Revi510nS to accounting eslimales are recognised in the period in which the estimate is revisèd where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. 18-

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2022 Donations and legacies Unrestricted Restricted funds funds Total Unrestricted Restricted funds funds Total 2022 2022 2022 2021 2021 2021 Donations and gifts Legacies receivable Donated facilities and setvices 2,878 393,708 64.112 66.990 393,708 8.200 313,925 31.360 39.560 313,925 34,500 34,500 24,000 24,000 431,086 64,112 495,198 346,125 31,360 377,485 Donated facllltles and servlc&s Donated facilities and services comprises free accommodation for of the charity's shops in Telbury and Cirencester, which has been kindly provided by Tesco Stores Ltd. A corresponding amount is induded in trading expenditure. Charitable activities Adoptions Charitsble animal welfare 2022 Total 2022 Adoptions Charitable animal weware 2021 Covid 19 5UPPOrt 2021 Total 2021 2022 2021 Income from charitable activities Covid 19 support 39,263 24,169 63,432 47,504 25,977 73,481 231,275 231,275 39,263 24,169 63,432 47,504 25,977 231,275 304,756 Performance related grants Coronavirus Job Retention Scheme Retail support grants Other 88,419 188,4191 142,856 1142,8561 231,275 231,275 19-

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2022 Other trading activities Unrestricted Unrestricted funds funds 2022 2021 Fundraising events Charty shop income from sale of donated goods 265.226 1,381,590 284.675 884,103 Other trading activities 1,646,816 1,168,778 Investments Unrestricted Unrestricted funds funds 2022 2021 Rental income Income from listed investments Interest receivable 10,729 9,740 4.004 15,070 12,522 473 24,473 28,065 Ralslng funds UnreStrled Unrestricted funds funds 2022 2021 Fundraisin and ublici Other fundraising costs staff costs Depreciation and impairment Support costs 20,822 90,060 10,942 6.909 11,263 56,531 27,755 10,851 Fundraising and publicity 128,733 106,400 -20-

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2022 Ralslng funds Icontlnuedl Tradin costs Operating charity shops Other trading activities Staff costs Support costs 378,819 19,746 465,985 34,011 366,041 18,287 409,395 46,152 Trading costs 898,561 839,875 Investment mana emenl 2.689 3.204 1,029,983 949,479 21

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2022 Charitable activities Adoptions Charitable animal welfare Rosewell Cotswolds ClinicDogs & Cats Home Total 2022 Total 2021 Staff costs Depreciation and impairment Drugs and veterinary fees Travel and mileage Rates Animal equipment purchases Bank charges Cleaning Consumables Heat and light Repairs and maintenance Admin Training Sundry expenses 417,605 417,605 346,783 58,512 58,512 63,288 23.647 6,288 328 90,473 4,401 5,738 120,408 4,729 5,738 85,994 3,914 5,489 8,472 678 15,841 9,691 25,634 6,472 678 15,841 9,691 25,634 2,597 698 13,518 18,396 18,293 28,964 12,777 28,964 12,777 26,058 12,055 684 323 3,568 3,568 23,647 6,816 680,354 710,617 598,090 Share of support costs (see note 91 Share of governance costs (see note 91 1,907 7,627 7,800 17,210 34,544 54,253 351 1,403 1,434 3,187 6,375 2,750 2,258 32.677 15,850 700,751 751,536 655,093 For the year ended 31 December 2022 Unrestricted funds 2,258 Restricted funds 32.677 15,850 627.569 73,182 678,354 73,182 2,258 32,677 15,850 700,751 751,536 For th9 ygar 9ndgd 31 D9¢9mber 2021 Unrestricted funds 3,135 Restricted funds 21,798 20,876 573,368 35,916 619,177 35,916 3,135 21,798 20,876 609,284 655,093 -22-

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2022 Support costs Support Governance ¢o$ts ¢o$l$ 2022Support costs Governan costs 2021 Salaries Depreciation Finance costs IT costs Staff related costs Admin Premises Legal and professional fees 22,105 764 1,085 12,292 533 31,947 259 22,105 764 1,085 12,292 533 31,947 259 46,449 21,274 601 7,693 1.101 28,103 663 46,449 21,274 601 7,693 1,101 28,103 663 104 104 2,622 2,622 Audit fees 12,750 12,750 5,500 5,500 69,089 12,750 81,839 108,506 5,500 114,006 Analysed belween Fundraising Trading Charitable activities 6,909 27,636 34,544 6,909 34,011 40,919 10.851 43,402 54,253 10,851 46,152 57,003 6,375 6,375 2,750 2,750 69,089 12,750 81,839 108,506 5,500 114,006 10 Trustees None of the Trustees lor any persons connected with them) received any remuneration or benefits from the branch during the year12021.. £nill. 11 Net movernent in funds 2022 2021 Net movement in funds is staled after Chargin(CreditingI Fees payable to the company's auditor for the audit of the company's financial statements Depreciation of owned tangible fixed assets Loss on disposal of tangible fixed assets Operating lease charges 12,750 70,218 5,500 96,765 15.552 205,293 175,304 -23-

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2022 12 Employees The average monthly number of erllployees during the year was". 2022 Number 2021 Number Charitable activities Trading Support 26 26 20 24 Total 53 48 Employment costs 2022 2021 INages and salaries Social security costs Other pension costs 917,191 63,197 15,367 795,717 50,540 12,901 995,755 859,158 There were no employees whose annual remuneration was £60,000 or more12021'. nill. 13 Net gainsl{lossesl on investments Unrestricted Unrestricted funds funds 2022 2021 Revaluation of investments Gainlllossl on sale of investments 142,9001 111.4411 14091 10,333 154,3411 9,924 -24-

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2022 14 Tangible fixed assets Freehold land building$ Clini¢ t)ffiGeMolor vehi¢le$ equipment equipment & fumiturè Total Cost At 1 January 2022 Additions 3,454,980 19,581 891 172,352 5,361 35,887 3,682,800 6,252 Al 31 December 2022 3,454,980 20,472 177,713 35,887 3,689,052 Depreciation and impaiment Al 1 January 2022 Depreciation charged in the year 295,602 51,684 18,510 353 136,369 13,792 24,829 4,389 475,310 70,218 Al 31 December 2022 347,286 18,863 150,161 29,218 545,528 Carrying amount Al 31 December 2022 3,107,694 1,609 27,552 6,669 3,143,524 Al 31 December 2021 3,159,378 1,071 35,983 11,058 3,207,490 15 Flxed asset Investments Listgd Othgr investments investments Cash In portfolio Totsl Cost or valuatlon Al 1 January 2022 Additions Valuation changes Disposals 274,891 320,837 142,9001 {223,8941 62,000 107,110 1100,9271 444,001 219,910 142,9001 1223,8941 Al 31 December 2022 328,934 62,000 6,183 397,117 Carrylng amount Al 31 December 2022 328,934 62,000 6,183 397,117 At 31 December 2021 274,891 62,000 107,110 444,001 16 Financial instruments 2022 2021 Carrying amount of financial assets Instruments measured al fair value through profit or loss 328,934 274,891 -25-

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2022 17 Debtors 2022 2021 Amounts falling due within one year: Trade debtors Other debtors Prepayments and accrued income 18,217 21,938 623,510 24,495 18,420 459,227 663,665 502,142 18 Stocks 2022 2021 Finished goods 18,834 9,697 19 Creditors- amounts falling due within one year 2022 2021 Other taxation and social security Trade credilois Accruals and deferred income 14,929 53,005 27.071 13,737 27,837 45,194 95,005 86,768 -26-

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ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2022 21 Restricted funds The income funds of the charity include restricted funds comprising the followng unexpended balances of donations and grants held on trust for specific purposes". Movement in funds Incoming Resource5 Balance at resources expended1 January 2022 Movement in funds Incoming Resources Balance at resource5 expended 31 Dernber 2022 Balance at 1 January 2021 New van purchase Veterinary 15,449 14,3901 11,059 14,7561 6,303 104 6,426 10,500 20,860 110,6041 120,9221 35.600 28,512 135,6001 132,8261 Other 6,364 2,050 21,979 31,360 135,9161 17,423 64,112 173,1821 8.353 New van purchase.. To purchase a new van for the charity., the funds carried forward represent the net book value of the asset originally purchased with the funds received Veterinary bills.. To assist wth veterinary costs -28-

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ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2022 23 Operating lease commitments Al the reporting end date the branch had oulslanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows.. 2022 2021 Within one year Between two and five years 103,885 210,578 89,650 11,333 314,463 100,983 24 Events after the reportlng date On 24 March 2023 the charity sold the property al Horton Road for proceeds of £290,000. As at the balance sheet. this propety had a nel book value of £245.000. 25 Related party transactlons Remuneratlon of key management personnel The remLJneration of key management personnel is as follows. 2022 2021 Aggregate compensation 139,438 122,301 26 Analysis of changes in net funds The branch had no debt during the year. 30-

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COTSWOLDS, GLOUCESTER & DISTRICT BRANCH INCORPORATING THE COTSWOLDS DOGS AND CATS HOME NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2022 27 Cash generated from operations 2022 2021 Surplus for the year 394,059 284,436 Adjustments for". Investment income recognised in statement of financial activities IGainllloss on disposal of tangible fixed assets Lossllgainl on disposal of investments Fair value gains and losses on investments Depreciation and impairment of tangible fixèd assets 124,4731 128.0651 15,552 110,3331 409 96,765 11,441 42,900 70,218 Movements in working capital.. Ilncreaselldecrease in stocks {Increasel in debtors Incrèase in creditors 19,1371 1161,5231 8,237 9,898 1122,4411 5,408 Cash generated from operations 331,722 251,629 31