2020-12-31-accounts - Anglo-Italian Society For The Protection Of Animals

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			Page
Reference and Administrative		Details ofthe Charity, its Trustees and Advisers	1-2
Trustees' Report			3-6
Independent Auditor's	Report		7-10
Statement ofFinancial	Activities
Balance Sheet			12
Notes to the Financial	Statements		13-23

The following	The following	Trustees	served on the Executive Commitee	served on the Executive Commitee	served on the Executive Commitee	served on the Executive Commitee	served on the Executive Commitee	during 2020:	during 2020:
Trustees			William Richards		M.A.
			Crispin Salimbeni		M.A.,		Chairman		8 Treasurer
			Dr. John Knight	B.Vet.Med. M.R.C.V.S
			Alison Richards
			Catherine Pugsley		B.A.
			Dr. Malcolm Holliday			Med. Vet. M.R.C.V.S.
			Dr. Mario Pampanini			M.A. Vet		MB	M.R.C.V.S.
			Susan Tenison-Collins
Company	registered
number			00335703
Charity registered number			208530
Registered		office	6th Floor
			2 London Wall Place
			London
			EC2Y 5AU
Company	secretary		Andy Geddes
Chairman			Crispin Salimbeni		M.A.
Independent		auditor	MHA Maclntyre	Hudson
			Chartered Accountants				and Statutory Auditors
			6th Floor
			2 London Wall Place
			London
			EC2Y 5AU
Bankers			C. Hoare 8 Co.
			37 Fleet Street
			London
			EC4P 4DQ
			Scottish Widows
			67 Morrison Street
			Edinburgh
			EH3 8YJ
Solicitors			A. Lutley
			Springfield
			Rookery Hill
			Ashtead Park
			KT21 1HY

			Unrestricted	Total	Total
			funds	funds	funds
		Note	2020 f	2020	2019
INCOME FROM:
Donations and legacies			287,551	287,551	126,896
Investments			50,105	50,105	78,256
TOTAL INCOME			337,656	337,656	205,152
EXPENDITURE ON:
Raising funds			84,577	84,577	87,300
Charitable activities			214,456	214,456	281,226
TOTAL EXPENDITURE			299,033	299,033	368,526
NET INCOME / (EXPENDITURE) BEFORE INVESTMENT
GAINS/(LOSSES)			38,623	38,623	(163,374)
Net gains/(losses) on investments		11	(128,446)	(128,446)	242,320
NET INCOME / (EXPENDITURE) BEFORE OTHER
RECOGNISED GAINS AND LOSSES			(89,823)	(89,823)	78,946
NET MOVEMENT IN FUNDS			(89,823)	(89,823)	78,946
RECONCILIATION OF FUNDS:
Total funds brought forward			2,187,691	2,187,691	2,108,745
TOTAL FUNDS CARRIED FORWARD			2,097,868	2,097,868	2,187,691
All activities relate to continuing	operations.

											2020			2019	2019
						Note
FIXEDASSETS
Tangible assets						10					99				149
Investments						11					1,655,315			1,929,394
											1,655,414			1,929,543
CURRENT ASSETS
Debtors						12		230,481					33,981
Cash at bank and in hand								221,480					233,008
								451,961					266,989
CREDITORS: amounts	falling due		within
one year									(9,507}				(8,841}
NET CURRENT ASSETS											442,454			258,148
NET ASSETS											2,097,868			2,187,691
CHARITY FUNDS
Unrestricted funds						14					2,097,868			2,187,691
TOTAL FUNDS											2,097,868			2,187,691
The company's financial		statements		have		been	prepared		in accordance with			the	provisions	applicable	to
companies subject to the		small companies				regime.
The financial statements		were approved			and authorised			for	issue	by	the Trustees	on			and
sign on their behalf, by:
...... . . . .).uv........~u.(. Crlspln SaH beni M.A.,Chairman			(				i8$&„~i.				20Z.	i

INVESTME	NT INCOME
		Unrestricted	Total	Total
		funds	funds	funds
		2020	2020	2019
		E		E
Investment	income from listed investments	50,102	50,102	78,251
Bank interest receivable		3	3	5
		50,105	50,105	78,256
Total 2019		78,256	78,256

ANALYSIS	OF RESOURCES EX	PENDE	D BYCHARITABLE	ACTIVITIES
			Activities
			undertaken	Support
			directly	costs	Total	Total
			2020f	2020f	2020 E	2019
Refuges for cats and dogs			98,782	35,929	134,711	149,807
Bird and wildlife conservation			20,502	7,457	27,959	28,803
Birth control campaign			19,504	7,094	26,598	30,799
Campaign	against cruelty		18,001	6,547	24,548	25,592
Equipping	surgedes and provision	of
medicines						46,225
Education	and Conferences		469	171	640
Total 2020			157,258	57,198	214,456	281,226
Total 2019			219,987	61,239	281,226

5.	SUPPORT C	OSTS
				Birds and
			Refuges for	wildlife	Birth	Campaign
			cats and	conservati-	control	against
			dogs E	onf	campaign	cruelty E
	Office rent		5,354	1,111	1,057	975
	Italy inspections
	Governance	costs	22,145	4,471	4,254	3,926
	Wages and salaries		7,581	1,573	1,497	1,382
	National insurance		869	181	172	159
	Pension cost		204	42	40	37
			36,153	7,378	7,020	6,479
	Total 2019		32,653	6,265	6,699	5,567
				Education
				and
			Equipping	Conference	Total	Total
			Surgeries E	sf	2020f	2019
	Office rent			25	8,522	8,474
	Italy inspections					2,161
	Governance	costs		102	34,898	37,103
	Wages and salaries			36	12,069	11,846
	National insurance			4	1,385	1,341
	Pension cost			1	324	314
				168	57,198	61,239
	Total 2019		10,055		61,239
6.	EXPENDITURE ON RAISING FUNDS
					2020 F	2019f
	Fund raising costs				15,354	17,078
	Wages and salaries and pensions				59,211	58,501
	Broker fees				10,012	11,721
					84,577	87,300


7.	NET INCOME/(EXPENDITURE)
	This is stated after charging:
								2020	2019
									F
	Depreciation oftangible	fixed assets:
	-owned by the charity							50	74
8.	AUDITORS' REMUNERATION
								2020	2019f
	Fees payable to the company's		auditor	for	the	audit ofthe
	company's annual accounts							6,065	4,600
	Fees payable to the company's		auditor	in	respect of:
	All other non-audit	services not		included		above		5,351	4,781
9.	STAFF COSTS
	Staff costs were as follows:
								2020	2019
									E
	Wages and salaries							63,982	63,178
	Social security costs							7,388	7,151
	Other pension costs							1,728	1,673
								73,098	72,002
	The average number of	persons	employed		by	the company	during	the year was as follows:
								2020	2019
								No.	No.
	Administrative staff							2	2

10.	TANGIBLE FIXEDASSETS
					Office
					equipment
					E
	Cost
	At 1 January 2020 and 31 December 2020				11,648
	Depreciation
	At 1 January 2020				11,499
	Charge for the year				50
	At 31 December 2020				11,549
	Net book value
	At 31 December 2020				99
	At 31 December 2019				149
11.	FIXEDASSET INVESTMENTS
					Listed
					securities
	Market value
	At 1 January 2020				1,929,394
	Additions				128,219
	Disposals				(273,852)
	Revaluations				(128,446)
	At 31 December 2020				1,655,315
	Investments at market value	comprise:
				2020	2019
					E
	Listed investments			1,655,315	1,929,394
	All the fixed asset investments	are held	in the UK

13.	CREDITORS: Amounts falling due within one year Accruals and deferred income