2020-12-31-accounts

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Company number: 558085 Charity number: 209015 THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD IA company limited by guaranteel Financial statemènts 31 December 2020 For the working animals ofthe world

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Contents Pages Report of the Council 1-23 Independent auditor's report 24-26 Consolidated slalement of financial activities 27 Consolidated and charity balan￿ sheet 28 Consolidated statement of cash flows 29 Notes to the financial statements 3047 For Ihe working animals of the world

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of the Council Ilncorporating tho Report of the Directors) For the year ended 31 December 2020 INTRODUCTION Introduction from our Chair of Trustees and Actin Chief Executlve In 2020, as might be expected, the coronavirus ICovid-191 pandemic had a dramatic impact on our p5ans lo deliver veterinary treatments and provide animal welfare training and leaching. Most of the countries In which we operate went into lockdown, thereby reducing the level of services we could provide. Conditions continued to be challenging into 2021, with our education work still reslricled during the early part of the year. Vvhile the numbers of treatments and educational opportunities were fewer than re￿nt years, we responded lo a greater number of crisis situations. The charity's emergency feeding programme provided food to starving animals, whose owners found themselves unable lo earn a livelihood due lo the collapse of local trade and tourism. Despite the varied challenges of Covid-19, 2020 highlights include.. Donated income rose by 22 per cent thanks to our supporters, with increases in general donations. legacies and appeal income., SPANA vets performed 350,628 treatments for sick and injured animals-, Our community trainer5 improved the skills and knowledge of 47,400 animal owners., SPANA'S education team provided humane education lo 50.888 children., We launched an emergency feeding programme, which supported working animals in six countries and encompa55ed a number of other local feeding inilialives. SPANA'S priorities al the start of the pandemic included the safety of our staff, in the UK and abroad, as well as instigating a series of emergency programmes for animals affected by the crisis. We then began to plan for a future based on potentially reduced income but an increased need for our services abroad. This work included a rigorous examination of our Head Office (London) costs, where a number of savings were identified. As a result of this, together with an especially successful fulldraising year and the recovery of our investment portfolio from losses in 2020, the charity is financially robust. We are now well placed to Carefully increase our charitsble spend, while maximising the use of every donor pound. SPANA currently works in 28 countries around the world, focusing on our Ihree charitable objectives, which are lo.. TREAT - providing free veterinary care for sick and Injured working animals, and also responding lo emergencies, lo get urgent help to animals affected by drought, conff ict and natural disaster,. TRAIN delivering not only professional training lo improve the skills of vets, para vets, vet students and teachers, bul also community training lo give owners the skills and knowledge they need to improve animal care.. TEACH humane education for children, to foster kindness and compassion towards working animals. Elected as the new Chair of SPANA at the end of February 2021 1 wish to thank my predecessor, Richard Greenhalgh, who resigned due to pressure of work from his other commilmenls. The Board of Trustees have just instigated an independent search and selection Process to identify a new Chief Executive, after the departure of Geoffrey Dennis in late 2020. For tho working animals of th6 world

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of the Council lincorporatlng th& Report of the Directors) Forth9 ygar ended 31 December 2020 Having been a long lime SPANA donor, and a Trustee since 2017, 1 am familiar with the charity and its objectives, lo which l am hugely committed... and am proud lo be leading a fr'rsl class, dedicated team as we develop plans lo celebrate our centenary in 2023 and, even more importantly, sel our goals for the future. Dr Mary-Lorraine Hughes Chair For the working animals of the world

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of the Councll lincorporating tho Report of the Directors} For the year ended 31 December 2020 hts from 2020 The significant challenges created by the Covid-19 pandemic inevitably constrained SPANA'S activities and plans in 2020. But despite the obvious challenges, the charity nevertheless continued lo successfully deliver the core of our work programme throughout the year. Our key achievements included.. SPANA vets Irealed 283,552 8nimals12019,' 388,7021 Our veterinary teams provided 350,628 treatments for sick and injured animals12019.' 458,0461 Our community trainers improved the skills and knowledge of 47,400 animal owners 12019.. 57.619) 5,419 pieces of humane equipment were distributed lo animal owners.12019.' 13,156) We provided training to 836 professionals, including veterinary students attending the clinical skills centres12019', 4,3871 A new clinical skills centre was opened in s￿0. Ethiopia, teaching practical veterinary skills to university students. We provided humane education to 50,888 children12019.' 76,898) in a variety of settings, including SPANA'S centres and animal clubs. schools, mobile classrooms and exhibitions. Our SeNices team supported Covid-19 emergency projects and activities in Ethiopia, Tanzania, Morocco, Tunisia, Mali and Mauritania, as well as a flooding response project in Ghana. We raised £9,539,169 in funds for our vital work, thanks to the kindness of our supporters. We maintained the Investors in People certification for our standards in staff management. For the working animals of the wortd

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of the Council lincorporatlng the Report of the Dlrectors) Forthe year ended 31 December 2020 STRATEGIC REPORT About SPANA Around the world, more than 600 million people rely on a huge, but largely overlooked, workforce of donkeys, mules, horses, elephants, camels and oxen to support their livelihoods. It's a precarious existence for members of these developing communities.. should an animal become sick or injured. whole families can rapidly find themselves in desperate poverty. In some parts of the wodd, a working animal really is the difference beiween life and death. There are al least 200 million working animals in the wodd.. only a small number of these animals will have access lo even the most basic veterinary care. If they are sick or in pain, they work on. But. for the lucky few, there is SPANA, an animal welfare charity that has been helping the working anima15 of the world since 1923. Today, SPANA helps working animals in 28 countries. Every day of the year, our teams of dedicated vets, trainers and teachers are easing suffering 2nd building a more compassionate future for working anlmals, wherever they are needed most. SPANA'S vision is a world where every working animal lives a life free from suffering and is Irealed with compassion. Our mission is to improve the welfare of working animals in the world's poorest communities. To achieve our mission, we treat, tmin and leach.. Treat: Our dedicated vets and technicians work lo improve the health and welfare of the world's working animals, by treating injuries, prevgnling diseases and providing support during crisis siluatsons. SPANA'S network of busy veterinary centres is al the heart of our work, while a fleet of mobile clinics also takes our lifesaving care to the most remote and inaccessible communities. In addition, our outreach and partnership programmes provide support to local organisations, helplng SPANA reach working arTrimals in need wherever they are. Train: Through giving animal owners a better understanding oflhe needs ofworking animaLs, and through training them in improved husbandry and the use of humane harnessing and equipment, SPANA works to deliver sustainable changes in local behavKJurthatwill benefitworknng animals for generations lo come. To maximise our impact, SPANA also trains vets and technicians about veterinary care and husbandry. We perfom) training in universities and colleges, through regular lectures and by establishing clinical Skills nI￿S ICSCSI. Teach: SPANA'S education programme aims to teach children, the next generation ofanimal owners, to rec￿niSe that animals are Gapable of feeling pain and have Complex welfare needs. Above all, we work lo foster compassion. 8y educating children in this way, we're investing in a kinder future for hardworking animals. For the working animals of the world

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of the Council lin¢orporating the Report of the Dlrectorsl For thè year ended 31 December 2020 Where we work In 2020, SPANA worked overseas in the following countries, delivering lifesaving care in our core countries, as well as through our partnership and outreach projects. Treat- Providing free veterinary care.. Traln- Improvirsg owners, knowledge and skills, and building capacity with vets and teachers., Teach- Developing compassion and respect towards animals among schoolchildren. Country Botswana Treat Traln Teach Cambodia Cameroon Cosla Rlca Ethiopia Ghana Guatemala Guinea India Indonesia Iraq Jordan Kenya Liberia Mali Mauritania Morocco Mozambique Myanmar Namibia Pgiu Sierr8 L8on6 Sornalia South Africa Tanzania Tunisia Uganda Zimbabwe For th8 working animals of the world

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of tho Councll Ilncorporatlng the Report of the Dlrectorsl For the year ended 31 Deoember 2020 Five- ear strate 2018-2022 SPANA aspires lo be recognised as the world's leading charity for working animals. The ¢harily ultimately aims to have a presence and influence in every accessible developing county with a significant working animal population. During the first years of the 2018-2022 strategic period, SPANA was focused on expanding our work into new territories and strengthening our professional networks. We worked hard to develop and build awareness and income for the chaiily, and its organisalional intraslructure, in support of our goal. In 2020, sevefftl of our ambitiou5 Strategic objectives were put on hokl by the Covid-19 pandemic. We responded lo the potential financial implications of the pandemic by holding an immediate strategic review of our organisation. This involved identifying long-lerm cost saving measures, refining our organisalional structure and refocusing our spend away from our Head Office in London towards our overseas work. Through this process, we aimed to protect and secure the future of SPANA and ensure we would be well placed lo pursue future growth opporlunilies when external conditions improve. Ob-ectives and achievements for 2020 In addition to the ongoing work we undertake in our core countries (Botswana, Ethiopia, Jordan, Mali, Maurit8nia, Morocco, Tunisia, Zimbabwel, we achieved the following outcomes against the objectives planned for 2020. Treat Objective Identify a pathway for the development of overseas staff so that they achieve a minimum core standard of clinical skills. Achievements Our online training portal has been Suc￿ssfUllY launched for staff and our SPANA veterinary curriculum has been developed. Review our activities in Tanzania as we continue to develop it as a new core country. All Tanzania activities were reviewed and developed in line with our Treat, Train, Teach approach. Develop and expand current partners lo enable them lo reach core status. Progress on this was largely pul on hold due to the Covid-19 pandemic. Explore the development and expansion of current outreach projects in Somalia and Uganda. A joint education and veterinary project was developed for Uganda. Work on Somaliland projects was postponed due to Covid-19. For the working animals of the world

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of the Councll {incorporating the Report of the Directors) For the year ended 31 Decembor 2020 Traln Oblectlve Develop the veterinary infrastructure for the training of professionals, veterinary students and communities using online tools and the use of research documents, videos and e-learning. A¢hlevements SPANA'S online portal was developed to enGompass training materials, examination and skills development. Provide a training congress, whi¢h will be delivered remotety lo develop diagnostic procedures. An eight-week virtua5 training course was developed, bul delivery of the course was moved lo April 2021. Provide research opportunities lo explore county-specific animal health conditions. Work has been ongoing with Liverpool University to provide research for EZL and equine influenza. Teach Objective Develop existing education and community training outreach projects into partnerships in India, Central America and South America. Achievements This work was postponed due lo Covid-19. Review of the humane education training curriculum. This work was postponed due to Covid-19. Undertake a curriculum review for the PAWS Clubs and the centre visit programmes in Ethiopia. Curriculum updates were developed. Services impact and evaluatlon Ob-ective Develop and quality-assure country plans, working with country directors and other key stakeholders to ensure each core country programme has a fit-for-purpose plan by 2021. Achievements All countries now provide annual project planning documents prior to and aligned lo release of budget. Deliver a Standard Operating Policies and Procedures manual lo slandardise our operating procedures across the organisalion. This work was moved into 2021. For the working animals of the wortd

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of thg Councll Ilncorporating the Report of the Dlrectors) For the year ended 31 December 2020 Objective Simplify the entry and exil points for identifying and agreeing new projects through the development of the decision-making framework and the project pipeline. Work lo demonslr2te the impact of our emergenw response work, by building in robust pre- and posl-project impact as8Èssmenls lo those inilialives that seek to build the capacity of local communities to prepare for and endure crises and climatic shock. A¢hievements Entry framework and pipeline were provided. Baseline assessments and decision frameworks were produced. Actual impact review work was not undertaken due lo Covid-19. Fundraising and marketing Ob-ective In the wake of the Covid-19 crisis, refocus our fundraising programme to ensure we can maximise net income and donor loyalty for the charity. Achievements During the spring 012020, the Fundraising team developed and pursued a new strategic plan focused on maximising net income and donor loyalty for the charity. This strategy enabled us to increase income on a decreased expenditure budget, while our active donor base for the charity a150 increased by 100/4. Develop a series of new fundraising appeals and activities that will give donors the chance to support working animals who are facing hardship due lo the ongoing Covid-19 crisis. Shortly after the outbreak of the Covid-19 pandemic, we launched a series of fundraising appeals and activities that generated funds and support for SPANA'S work during the crisis. Supporters responded warmly to these, with our spring. summer and autumn activities con8lStenlly outperforming the previous year's results. Our eentrepre￿ Covid-19 crisis appeal emerged as SPANA'S most successful appeal in a decade, while our two SPANA News appeals and OLJr Happy Hooves campaigns also generated record results. Develop and deliver a legacy marketing campaign in the summer of 2020, building on the success of our 2019 campaign. A major new legacy marketing campaign was developed and delivered in the summer of 2020, with 21,270 supporters mailed. This was followed by the charity's first reminder legacy mailing early in 2021. Continue lo expand SPANA'S social media presence geographically. with a greater focus on new fundraising markets. We maintained a social media audience of more than 350,000 followers globally in 2020, while we increased our Australian social media audience by 140A. For the worf(ing 8nimals of the world

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of the Council (incorporating the Rèport of the Directors) Forthe year ended 31 December 2020 Extend the number of celebrity ambassadors and 51renglhen relationships with existing high- profile supporters. Our work with celebrity supporters has been strengthened with the launch of the SPANA Ambassadors programme in 2020. The first celebrities to sign up as SPANA Ambassadors included Paul O'Grady, Jim Broadbent, Brian Blessed, Twiggy Lawson and Peter Egan, along with celebrity vets Marc Abraham and James Greenwood. John Craven also confirmed his commitment to remain as SPANA'S Patron. Review the SPANA brand. An initial review of the SPANA brand was conducted in the spring of 2020. This involved qualilalive assessment of the views of stakeholders from several key audiences. The findings of our research will help inform further brand development work. Finance, Human Resources and Information Technology Objective Introduce revised human resource policies and procedures to lake into account the impact of Covid-19 and revised working practices. Achlevements A number of key policies have been updated and they were approved by the People Ctsmmillee in March 2021. Finalise the implementation of the financial system. The project was delayed as we needed lo complete the switch to the new IT service provider. The project will be completed in 2021. Upgrade of our internal information technology systems. We successfully switched to a new IT service provider on 1 January 2021 and, in the process, we upgraded a number ofour core IT systems. For the W0￿{ng animals of the wortd

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of the Councll Ilncorporatlng the Report of the Directors) For the year ended 31 December 2020 Plans for 2021 Our key objeclNes for 2021 are". Treat Maintain current programmes and expand selected core areas {rural Zimbabwe, Segou Mali, Gondar Elhiopial Develop projects lo include Community Training and Education Identify new Outreach projects Train Provide a SPANA Veterinary Curriculum alongside the portal for virtual training Provide veterinary training in laboratory medicine, and project management Develop a Community Training curriculum with support materials for Humane Education Officers and Community Training Offi￿rS Provide a virtual congress inclusive of Education and Community Tmining Teach Develop Education strategy lo encompass Humane Education Officer evolution and Community Training Provide virtual International Certificate in Humane Education IICHEI training support and incorporate into country curriculum Expansion of current outreaches to partnership level {i.e. Namibial Emergency response Support emergency responsè projects Develop disaster risk reduction or preparedness Include Donkey Skin trade as a direct action Impact and evaluation Develop organisalional Theory of Change model, incorporate log frame and milestones (Outcome and Impact reporlingl Develop exit and transition strategy Develop inlernalional data sharing to Offi'ce 365, with Power Bi for analytics Provide /4 pipeline, dashboard and Key Performance Indicator information Fundralslng and Marketing Maximise income for SPANA'S vital work worldwide through a fully-inlegraled fundraising and marketing strategy, that aims to build supporter commitment, loyalty and giving lo SPANA as part of a donorjourney. Expand our legacy marketing programme by piloting a dlgilal acquisition campaign aimed at securing legacy pledges from polenlialjnew supporters Develop our social media channels as fundraising and marketing tools for SPANA, with pilot activities aimed at acquiring new donors Work lo develop our position as the voice of working animals through our PR and communications programme For tho working animals of the wortd 10

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Rgport of the Council Ilncorporating the Report of the Dlrectorsl For the year ended 31 December 2020 Finance, Human Resources and Information Technology Move the charity into new premises that are more suitable for the new way of working Complete the second phase of the upgrade lo our finanGial system Upgrade our telephone system Update our appraisal and staff performance monitoring systems FINANCIAL Financial review Voluntary donatsons, excluding legacies. increased by seven per cent in 2020 10 £3.765,359 {2019.' £3,524,944). Legacy income was £5,S41.710 and was impacted by a change in accounting poliey12019'. £3,882,511 as re-slaledl, with a further estimated value of notified legacies standing at £3.6 million in total, yel lo be received. As a proportion of total income, legacies contributed 55 per cent12019.. 49 per cent as re-stated). Other income of £251.173 12019.. £nill was r￿1Ved in the year from the Govemmenl's furlough scheme. The fundraising and marketing objectives for the year were lo In¢￿88e income from a comprehensive ftjndraising programme, reach a wider audience, recruit new donors and maintain high levels of supporter care,. all these gbjeclives were exceeded despite the adverse conditions affecting the sector. Direct charit8ble expenditure was £5,205,7D9 in 202012019.. £6,388,233>. This reflects the limits on our veterinary, training and leaching activities caused by the Covid-19 crisis and accompanying local lockdowns. The operating surplus for the year was £2,057,37312019'. deficit £1,889,176 as re-stated). The charity planned for an operating deficit as part of ils plans to increase the number of countries in which we operate. The use of planned operating deficits is also reflected in our reserves policy, which aims lo effectively manage free reserves held by the charity at sustainable levels. Nel assets at the year-ènd stood al £11,025,934. This sum included Reslricled Funds of £309.017 and a Designated Fund of £1,283,009. The Genera1 Fund during the year, which is now £9,433,908, is available for financing working capital and future operation5 of the charity. SPANA'S subsidiary. SPANA Trading Limited, made a valuable contribution lo the charity's funds through the sale of Christmas cards, merchandise and gifts Details on the financial performance of SPANA Trading Limited can be found in note 8{d). The Society foT the Protection of Animals Abroad (Auslralial Limited. which was established in order lo promote the charity's fundraising programmes in that country, made a profil in its fourth year of operation. Details of this subsidiary can be found in note 8{fj. SPANA'S Gharitable activities in Jordan are carried out by two subsidiaries. However, following a review of our operations in Jordan, the decision was made to liquidate these subsidiaries and to perform our charitable work through partners. The process to liquidate the subsidiaries will be completed in 2021. The outbreak of the Covid-19 pandemic had an immediate effect on the finances of the charity, with the value of our investments falling in value by £1 m in Mttrch 2020. However, our investments subsequently recovered from these initial losses and the unrealised loss stood at £208,866 al the end of the year. For the working 8nim&ls of the wortd 11

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of the Councll lincorporatlng the Report ot the Dlrectorsl Forthe year onded 31 December 2020 In response lo the crisis, and ils expected impact on the charily-gtrving market, the charity's Senior Management Team launched a strategic review aimed at implementing cost-saving measures. The Tiustees also led on a restructure of the organisalion. ReseNes olic SPANA holds reserves so that it can continue lo fund ils operations and deliver its ch8rilable objectives if income is impacted by unforeseen events. The reserves are divided into reslricled and unrestricted ftjnds. Total funds in 2020 were £11.025,93412019'. £9,186,725 as re-slatedl. SPANA'S funds comprise both restricted and unrestricted reserves. Reslricled reseTves al 31 December 2020 were £309,017 and are the unspent monies raised for a specific purpose and which Gan only be used for that purpose., full details are shown in Note 12. Total unreslricled reserves on 31 December were £10,716,917 and are those available for general spending, Within total unrestricted funds are designated funds lolalling £1,283,009. Designated funds represent the nel book value of the charity's land and building which is not easily realisable. Remaining free reserves al 31 December 2020 were £9,433,908, representing 57 weeks forward expenditure against a resèrves target of 26 weeks. SPANA'S intention was to use these excess reserves to restructu￿ operations and programmes in line with the five-year strslegic plan so that free reseNes fall within the target range by the end of 2022. Following the continued impact of Covid-19. these plans have been reassessed. Revised forecasts have been prepared and the charity plans lo reduce costs over the forecast period using only £1,650,000 of the available free reserves balance by the end of 2022, thereby reducing free reserves lo approximately £5.1 m. which represents 41 weeks of planned lorward expenditure_ The trustees will continue to monitor the resetves position, including free reseNes. which is one of the key performance indicators reviewed by the ITuslees. Goin concem The ongoing pandemic has had a significant operational and financial impact on the charity and its activities in the UK and abroad. Our activilies have continued, though with some reslriclions, throughout the crisis and action has been taken lo ensure the safety of our employees and those we work with through remote working and sooial distancing. Key risks surrounding the pandemic have been incorporated into our risk management framework and are monitored regularly by the trustees and senior management team. Our response lo the crisis has included-. Placing staff on the government's coronavirus job retention scheme. Removing all non-essential discretionary spend Reslrucluring operations and activities lo reduce the overall wst base in the UK and within overseas projects. A revised forecast has been prepared which considers expected financial perfOMan￿ up to December 2022. This exercise has considered sensitivities and scenario planning over key asstjmptions including fundraising income. staff costs and available reserves. For the working animals of the wortd 12

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of the Council lincorporatlng the Report of the Dlrectorsl For the year ended 310ecember 2020 ForeGasts show that planned deficits are expected to recur until 2022 with the charity breaking even in the period thereafter. Financial performance and cash flow have continued lo be monitored règularly with a focus on liquidity and available free reserves being of central importance. As parl of this oversight, there is ongoing assessment of fundraising and investment performance and the cash position to ensure SPANA retains sufficient headroom lo fund day-to-day aclivilies. Should performance fall below expectation, additional cost savings and contingencies have been identified to ensure the organisation can continue as a going concern. After consideration of the revised forecasts, sensitivity and scenario planning and the current level of available free reserves, trustees are satisfiÈd that there are no material uncertainties around SPANA'S ability to continue as a going concern and il remains appropriate to prepare the accounts on that basis. Investment owers oli and erformance Monies not immediatety required for SPANA'S charitable purposes are invested into assets and for a term as the trustees think fit and suitable in the context of all relevant circumstances of the charity. The charity's excess funds are currently invested in cash and marketsble securities. The Council has adopted an investment policy that is medium risk, invèsting in both fixed interest funds and equities, and to this end has also issued a statement of the charity's investment policy, the terms of reference for the investment managers, and a statement of the Gharily's ethical policy. SPANA'S investment policy is predicated on the Iruslees, obligation lo safeguard ils assets. Within that requirement, the Investment Managers have authority to invest in order lo maximise the return lo SPANA. However, in doing this. they are directed by SPANA to screen investments from an ethical standpoint in an effort to ensure that investments are not made with companies whose performance might, for instance, be affected by unethical business practices or negative environmental praCtI￿s. The Council considers that the performance of ils investment portfolio was in line with ils policies and overall global stock market conditions in 2020 and against a suitable benchmark for this policy, Prlnci al risks and uncertainties The Council has established a risk management framework for the assessment of major risks lo which the charity is expDsèd. During 2019, the formal of the risk register was updated, and new procedures were developed lo ensure that risks are identified, monitored and subject to ongoing review and oversight For each major risk that is identified, a member of the senior management team is assigned responsibility for identifying the steps needed to marsage or mitigate the risk. All identified risks are reviewed by the senior management team on a quarterly basis lo ensure that any new risks are identified and that appropriate actions proposed to mitigate or manage risks are being undertaken. The risks are also reviewed and assessed by the Iruslees annually and more frequent updates where material changes are identified. In addition, the Finance & Audit Committee reviews the risk ￿gIster every quarter. The most significant risk that has been Identified is the impaot of the Covid-19 virus on the financial and operational resilience of the charity. The Council has agreed to a revised budget lo minimise the financial impact, while management have taken actions to ensure the safety of our staff. For the working animals ofthe world 13

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of tho Councll lincorporatlng the Report of the Directors) Forthe year ended 31 December 2020 In light of the emergence and spread of Covid-19, SPANA is monitoring the situation closely lo assess the potential impact on ils operations. Management believes that there will be polents'al impact in areas around the business including.. reduced income fall in the value of our investments Cancellation of scheduled events and travel by UK based staff disruption of the services offered abroad. When the initial impact of Covid-19 beceme apparent, our first priorities were to ensure that all our UK based staff.. who were working overseas were repatriated were able lo work effeolively from home. Communications were maintained with our overseas operations lo make sure that their staff were being protected and that SPANA complied with any local reslriclions and measures. As the crisis deepened, actions were taken lo slabilise our finances. which included the creation of a new budget and ulilising the Government's job retention scheme, fulloughing some staff members. These measures ensured that SPANA had sufficient cash lo continue operating, albeit at a reduced level as a result of an expected fall in income. As staled in the Going Concern section, detailed financial planning has been performed lo ensure that SPANA has sufficient reserves to continue to operate in the medium term. This planning identified a number of actions that needed lo be taken, which include a reslruclure that unfortunately resulted in some redundancies, along with a reduced level of funding for our overseas operations. Other major risks that the senior management team have identified include the following.. Effective control over country operations The risk is that the appropriate systems and controls are not in place to understand and manage in- country activities. Fraud, financial mismanagement, nepotism, bribery, and off strategy or inappropriate activities taking place are some of the possible risks, which could lead lo missing or unaccounted funds and damage to SPANA'S reputation where ftjnds have been inapproprialely spent. Controls that exist to mitigate this risk include.. A new standard operation manual is being developed Regular reviews by visiting London based staff New contracts for County Directors that mandate adheren￿ to policies and procedures. ConduGI (including 88fegUa￿{ng, bullying and whistleblowing Goncerns) There is a risk that safeguarding, bullying, whistleblowing issues and any other inappropriate conduct or unwanted behaviour is happening across SPANA locations. With serious misconduct Claims and legal cases, there is a risk that staff lake stories lo the media, resulting in reputational damage should this occur. Controls that exist lo mitigate this risk include.. A Code of Conduct is in place that staff have signed up lo, which sets out expected ways ofworking Safeguarding. bullying. harassment and whistleblowing procedures are in place AII UK staff received training on the Code of Conduct in 2019. For the worklng animals of th8 worfd 14

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report ot the Council lincorporatlng the Report of the Directors) For thg year ended 31 December 2020 Travel to programme countries Some SPANA staff have lo travel to countries that have high levels of risk to visitors. Therefore. actions are required lo ensure their salety al all times. Controls that exist lo miligale this risk include.. FCO travel advice checked regularly by Iravellers as part of pre-travel requirements Travel safely training programme cornpleled in 2019 for staff who travel frequently Accessible local knowledge is available on current risks from our overseas partners. Offic8 al John Str&gt In February 2021, the Trusteès received an offer on the charity's Offi￿ in John Street. At present, the offer is being considered along with options for a new office. The sale of John Street provides the opportunity lo obtain office space that beller suits the needs of the charity, as well as increasing the charity's reserves. STRUCTURE. GOVERNANCE AND MANAGEMENT Structure SPANA is an organisalion with clear objectives and a high international profile within the developing world. On a day-to-day basis, it is managed by the senior management team, which following the 2020 organisalional reslruclure comprises the Chief Executive and the Directors of its three departments.. Setwices.. Finance, Human Resources and IT,. and Fundraising and Marketing. The group consists of thè charity, ils subsidiaries in Jordan and Australia, a branch in Mali and SPANA Trading Limited, a UK trading subsidiary. The subsidiaries in Australia and Jordan. along wllh the UK trading subsidiary, are wholly owned by the charity. The Society for the Protection of Animals Abroad {Australial Limited was established in February 2017 in order to promote the charity's fundralsing programmes in that country, while Ihe UK trading subsidiary sells merchandise on behalf of SPANA and gift aids its profits back to the charity. SPANA restructured its operations in Jordan. which includes closing our subsidiaries. One was closed in 2019 and the process of the remaining one being liquidated commenced in early 2020. No material adjustments have arisen as a result of these actions. In future, our work in Jordan will be operated through partner organisations. Details of related party transactions are shown in note 16 of the accounts. Governin document SPANA Is a voluntary organisalion and a registered charity founded in England in 1923. It is a company limited by guarantee and not having a share capital. It is governed by its Memorandum and Articles of Association, managed by an elected Council and funded by volun18ry donations from its members and supporters around the world, including the countries in which SPANA operates. Charlt SPANA is 8 charitable company limited by guarantee, registered with the Charity Commission in England and Wales {Tegistered number 209015}. For the working 8nim8ls of lh8 world 15

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of the Council lincorporatlng the Report of the Directors) Forthg year ended 31 December 2020 Publle benefit The trustees have referred to the Charity Commission's published guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, as required by the Charities Act 2011. the trustees consider how planned activities will contribute lo the aims and objectives they have set. Our objectives are lo prevent unnecessary suffering lo animals and neglect of their bodily needs. The Council considers that slralegies, aims and activities as described above are for the public benefit, which is fundamental in undertaking current aclivilies, assessing future activities and measuring dellvered outcomes. The content of this report, as well as the charity's Annual Review and our website, provides detail of the activities undertaken by the charity for public benefit. These activities focus on our support for working animals and the communities they serve under the headings of Treat, Train and Teach. Members The number of members at 31 December 2020 is 11412019.. 1201 and their liability on a liquidation is limited lo £1 each. All members have full voting rights under the Charity's Articles ol Association. The trustees SPANA'S Council of Iruslees comprised 10 members of the charity on 31 December 2020 and nine members on 19 February 2021. It may have up to 14 members and not less than five members. The Council, which comprises Iruslees who must be members of the company, meet in fo¥mal sessions four times per annum and at th81 time consider and decide upon.. The activities and the recommendations made by SPANA'5 four main commillees, each of whi¢h also meet regularly, namely those addressing.. Finance and audit Services Fundraising and Marketing, and People (formerly the Remuneration and succession planning commilleel. Progress and development of issues detailed within.. The 2018 10 2022 strategy document, which forms the basis of monitoring how the strategi direction of the charity is being maintained The review of operational plans for 2018 10 2022 The risk register (see above}. Contractual and other operational issues that fall outside the routine management scope are dealt with on a day-lo-day basis by the senior management team. ointment of trustges induction and tralnln With. regards to the Operation of the Council Itself, each position on the Couneil of trustees is identified according lo the specialisalion which ils incumbent should have, in order lo dI￿harge the duties of the particular role. Once appointed, trustees complete an induction programme, including visits to the For the working 8nimals of the world 16

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of the Councll Ilncorporating the Report of the Dlrectors} For the year ended 31 December 2020 countries where SPANA is operational, lo acquire first-hand knowledge of SPANA'S activities and the personnel involved. They are also invited to participate in such formal training and seminars as are appropriate leg the legal dimension lo being a trustee and the role of the trustee in the management of the charity's investments). Appointment of members to the Council is through election by the membership. The Council reviews regularly the balance of skills and experience required for the successful governance of the charity. Ke mana ement ersonnel Following the 2020 reslruclure, key management personnel are defined as the senior management team, which comprises.. the Chief Executive., Director of Finance., Director of Fundraising and Marketing,. and Director of Services. The directors are responsible for managing their respective departments. The remuneration of the senior management team is reviewed by periodic benchmarking, carried out by an independent consultant, against equivalent positions in the charity and commercial sectors. This benchmarking is supervised independently of senior management by the People Committee. The members of the senior management team are not directors of the charity under company law. Overseas o eratlons Wilh the ex¢eption of our activities in Australia and Jordan which are described above, SPANA operates through a network of local NGO'S and partner organisalions abroad, on a grant basis where we fund their activities that meet our charitable obje¢ls. The results of these partners. financial activities are therefore not included in the annual accounts. Grant-makln ollc SPANA operates thn)ugh other partner organisalions abroad. However, this is on annual grant basis Whe￿ we fund their activities that meet our charitable objects. SPANA works with partners who deliver our work abroad. The criteria for partner selection includes services that will deliver projects that meet our charitable objects and are Qonsislenl with our five-year strategy. Before 8 fomial annual grant agreement is signed. all potential grantees are subject lo a due diligence process based upon an assessment framework. A signed grant agreement is pul in place with all Partners, which covers joint ways of working. delivery criteria and reporting requirements. The results of these partners, financial activities are not Included in the annual accounts. Charit Governance Code The Charity Governance Code sets out the principles and recommended practice for good governan within the sector. The Charity Commission slates that the code . represents a standard of good For the working animals of the wortd 17

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of the Council Ilncorporatlng the Report of the Dlrectorsl For the year ended 31 Decernbor 2020 governan￿ practice lo which all charities should aspire. We encourage all charities lo read, follow and apply il proportionately lo their circumstances. SPANA has reviewed ils governance arrangements and is satisfied that these are consistent with the principles sel out in the code. The Trustees are aware that the code was updated in December 2020 and they will monitor compliance with the updated code in 2021. Safe uardln and whistleblowin SPANA has always placed a high degree of importance on safeguarding issues and, in 2019, we launched a major review of all aspects of safeguarding, both in the United Kingdom and in the countries in which we operate abroad. Following the review. in 2019 we embarked on delivering a training programme lo our staff members abroad about safeguarding and the role that they have to play lo ensure that safeguarding remains a key focus of everyone who works for SPANA. Fundraisin and marketin SPANA'S fundraising and marketing department comprises four core teams.. The Major Gifts team is responsible for our legacies, trusts and foundations, major donors and corporate fundraising programmes., The Donor Marketing & Digital Fundralsing is responsible for our individual giving programme, which encompasses a comprehensive range of direct mail, retail and digital aclivilies., The Supporter Care team is responsible for supporter engagement lincluding enquiry handling ané response managemenll. datsbase management and community fundraising., The Communications and Brand team is responsible for PR, brand, digital Communications, publications, content, celebrity eng8gement and inlemal communications. The Fundraising and Marketing department's key strategic objective is lo maximi5e awareness, support and nel voluntary income for SPANA, while delivering a strong return on investment from our activities. SPANA'S fundraising and marketing strategy is delivered though a fully-integraled, multi-channel, values-based and insight-driven fundraising and marketing programme that aims lo develop brand awareness, supporter satisfaction and donor loyalty in support of our income generation work. Our aim is lo deliver ambitious but achievable targets, based on market insight and evidence, donor knowledge and data analysis. As part of our strategy, all fundraising and marketing staff are commilled lo fully exercising SPANA'S values in their work, acting collaboratively and with integrity and respect for our supporters al all times, while always striving for excellence. By acting with integrity and respect, we aim lo build supporter satisfaction, trust and loyally. 2020 was an ex￿ptIonallY challenging year for SPANA'S fundraising and marketing department. for several reasons. The outbreak of the Covid-19 pandemic Created significant changes and uncertainty in the external charity fundraising market, with giving from areas such as events, trusts, community and corporate fundraising immediately declining. In response to the initial impact of the coronavirus For the worklng animels of the wortd 18

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of the Councll {incorporating the Report of the Dlrectorsl For the year ended 31 December 2020 pandemi¢, SPANA'S fundraising budget was reduced by 27gA, while the headcount of fundraising. marketing and communications staff decreased by 19V• as part of an organisation31 restructure. In the response lo the Covid-19 crisis, the fundraising and marketing team slralegically refooused our programme lo ensure we could continue to maximise awareness, support and nel income for the charity on a reduced budget. We also developed a Covid-19 crisis-lhemed strand, culminating in the summer appeal, which gave our donors several opporlunilies to support working animals whose ownèrs and commLJnilies had been hard hit by the local pandemic. Our revised activity programme, coupled with our initial work lo deepen donor loyalty and strategically align the organisalion's fundraising and brand awareness-building aclivily, was instrumental lo ensuring that fundraising and marketing delivered SPANA'S best-ever year for voluntary income. Wnile income in such areas as events, Irusls, community and corporate fundraising was adversely affected by the Covid-19 crisis, the eX￿ptIOnal perfoTmance of our legacies programme, our seasonal appea5s, Happy Hooves retail programme and raffles more than compensated for the shortfall. Our fledgling Australian lundraising programme aSso continued to develop as planned, with income increasing by 3001, despite 8 reduced budgel and the combined impact of both the Covid-19 pandemic and the preceding Australian bush fires. Our active UK donor base comprised 38.297 supporters and organi5alions in 2020, while our acquisition work Iprimarity drwen by spècialist TV advertising, mailings, inserts and digital advertising) secured 3,577 new and reaclivaled supporters. Our active global donor base comprised 6.212 donors- an 8Vo increase on 2019. 2020 was also a highly successful year for our awareness raising activities. Despite a 61 OA decrease in expenditure, the charity's social media audience grew lo more than 360,000 followers by the end of 2020, while our PR activity generated 754 pieces of national and local coverage across titles including the Daily Mail, Daily Express, Daily Mirror, The Sun, The Independent, and MSN.com. Key drivers for coverage included SPANA'S response lo the Covid-19 crisis and our annual International Working Animal Day. The combined circulation figure of our PR coverage was an estimated 139.3 million. Fundraisin and marketin ractices SPANA works to ensure all elements of ils fundraising and marketing PTogramme (including acts'vilies performed on ils behalf by third partie51 fvlly comply with all statutory regulations. The charity is an organisalional member of the UK'S leading fundraising bodies, the Chartered Inslilule of Fundraising and the Fundraising Regulator, plus the influential communications organisalion Charitycomms. Our Australian fundraising programme is similarly iegulaled by the Fundraising Institute of Australia {FIA}. As part of ils GDPR-complianl data protection policy, SPANA ensures all fundraising and marketing materials have a clear opl-out process (allowing SLJpporlers lo choose not to receive further communication from the charilyl and any concerns relating to members of the public our supporter ¢are team talk to are recorded appropriately. In addition to meeting all legal requirements, SPANA'S fundraising and marketing programme is enhanced by ils commitment to SPANA values, particularly the programme's focus on acting with integrity and treating our supporters and donors with respect. We are committed lo providing the best- possible supporter care, while our fundraising programme deliberately excludes actwities that might be intrusive or problematic for vulnerable people, such as door-lo-door or face-to-face fundTaising. SPANA fundraising and marketing staff are also encouraged to develop their skills and practiGes by attending external training courses and conferences. For the w0￿1ng animals ofthe world 19

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of the Council Ilneorporating the Report of the Directors) For the year ended 31 December 2020 Due lo the Covid-19 crisis, the charity was forced lo move all our fundraising and marketing operations lo a remote model, with all staff working from home. This required the team lo outsource our phone handling and mail response from mid March 2020. While this was a significant operational challenge, overall this change was implemented successfully and this working model continued to run throughout the rest of the year. All complaints about our fundraising and marketing programme are responded lo individually and help Inform our approach to future activities. In 2020, the charity recorded ?79 fundraising complaints, which was down from the 233 received in 2019. The majority of these concerned mailing and fulfi'lment issues relating lo orders made lo our retail programme1531, while issues donating on our website was the second most common area of complaint 1341. 40 complaints eoncerned aspe¢ls of our direct mail appeals, representing less than 0.1 per cent of the volume of direct mail appeals sent. All complaints were ultimately resolved by SPANA and none were escalated to the Charity Commission or any external source. All Ihird-paty contractors working on behalf of SPANA are asked lo fully adhere lo all statutory regulations regarding fundraising, as well as SPANA'S own best practice guidelines. The charity monitors fundraising activities conducted on ils behalf by third parties through a variety of means. For example, the activity of our direct mail programme is monitored by members of SPANA staff who are included in our mailing lists and receive the same appeals as OL¢r supporters. SPANA is unaware of any failure, either by the organisalion or any third parties operating on its bohalf, to comply with any fundraising or marketing regulations or standards during 2020. For the working animals of the world 20

THE SOCIETYFOR THEPROTECTIONOFANIMALSABROAD Rep¢rt of the Councll Ilncorporatlng the Rèport of the Dire¢torsl For thg year gnd8d 31 Dècembor 2020 REF RAT LS Prosldent The Rl Hon The Lord de Mauley TD Vice Presldents ProfessorD Knotlenbelt OBE, BVM&S, DVM. MRCVS The Lady Slynn of Hadley SRN Mombors of th8 Coun¢ll (Board of Dirgdors and Tru$tws) Dr M L Hughes Bsc IHons} MBA PhD (Chairl {11 {3) appointed as Chair 26 February 2021 Mr R Greenhalgh MA FRSA- resigned as Chair and Trustee 19 February 2021 ProfessorT R C Gr881 BVM&S NVM Cert EO DESTS Dip ECVS FRCVS resigned as Trustee 23 Jun& 2020 Ms O Johnson MCIPD (Vice Chalrl resigned as Vico Chair and Trusteg 23 June 2020 Mr G R H Helmer Bsc {Honsl FCA (Vice Ch8ir - appointed 26 February 20211 {Hon Treasurer) {11131 Ms M Blagescu MA12}131 Dr J Boyd Bsc (Honsl Msc PhD PGCHE FHEA MRSB12} Mr R Gethen Smith BEng (Honsl MA (4) Ms M Liszewski Bsc MSc12) Mr G Parker BSc11) Ms M Saghbini MA141 Miss S Shanks BVSC MPH MFPH MRCVS 12} Ms H Winter Bsc {51- resigned 22 Soplember 2020 The numbers above indicate ￿lch trustees are also members of the following commtttees.. {11 Finance & Audlt {21 SeNi¢8S (31 People (41 Fundraislng and Marketlng Chlef Exocutiv8: Mr Geoffrey Dennis- resigned 9 December 2020 Mr Paul Sylva IActing}- from 10 December2020 Ms Linda Edwards (Deslgnatel f rom August 2021 Company Secretary: Mr Paul Sylva FCA FGA Dlr8¢tor of Se￿1￿$ Dr Ben Sturgeon BS¢ 8VM&S Cgrt E.P. Cert E.S.M. BAEDT MRCVS Dlrector of Fundralslng and Markèting David Bassom Bsc {Hons1 MF A¢tlng Director of Flnance Denise Locke FCCA Company number: 558085 Charfty numb8r: 209015 For th8 working animals of the worfd 21

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of the Councll {incorporating the Report of th? Dlrectorsl For the ygar ended 31 D•¢ember 2020 Reglstered nam•: The Society forthe Protection of Animals Abroad A150 known as SPANA Rgglstered Offl¢o: 14 John Street London WC1N 2EB Websit•: www.spana.org Audltor: Crowe U.K. LLP 55 Ludgale Hill London EC41VI 7JW Investment Manager: Smith & Williamson Investment Managem9nt LLP 25 Moorgate London EC2R 6AY Bankers: CAF Bank Limited POBox289 Vvest M811ing, Kent ME19 4TA Nalwesl Bank plc 57 Victoria Street London SW1H OHN Forthe wort(Ing animals of the worfd 22

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of the Council lincorporatlng the Report of the DlrectOTS) For the year ended 31 December 2020 STATEMENT OF THE COUNCIL'S RESPONS18LITES The CounGil is responsible for preparing the Report of the Council and the financial statements in accordance with applicable law and regulations. Company law requires the Council, as directors and trustees, to prepare finaneial statements for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Slandardsl and applicable law. Under company law, the Council musl not approve the financial statements unless they are satisfied that they give a true and fair view of the stale of affairs of the charitable Gompany and the group and of ils result for that period. In preparing these financial statements, the Council is required to.. 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 ptudent slate whether applicable accounting standards have been ft)Ilowed, subject lo any material departures disclosed and explained in the financial statements prepare the financial statements on the going concern basis unless it is inappropriate to presume that the group wll continue lo operate The Council is responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any lime the financial position of the charitable company and the group and enable them lo ensure that the financia5 ststements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities In so far as the Council is aware. there is no relevant audit information of which the charity's auditor is unaware each member of Council has taken all steps that they ought lo have lakon lo make themselves aware of any relevant audit information and to establish that the auditor is aware of Ih8t information The Council is responsible for the maintenance and integrity of the corporate and financial infomiation included on the charity's website. Legislation in the United Kingdom governing the preparation and disseminat￿n of financial statements may differ from legislation in olherjurisdiclions. Auditor A resolution to re-appoint Crowe U.K. LLP will be presented al the Annual General Meeting. The trustees, annu81 report. whi¢h includes the strategic report. wa5 approved on 18 May 2021 and signed on their behalf by.. Dr M8ry-Lorraine Hughes Chair For the working anim81s of the world 23

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Report of the Councll Ilncorporatlng the Report of the Directors) For the year ended 31 December 2020 Independent Auditor's Report to the Members of The Society for the Protection of Animals Abroad Opinion We have audited the financial statements of The Society for the Protection of Animals Abroad {'Ihe charitable company'l and ils subsidiaries I'lhe group'l lor the year ended 31 December 2020 which comprise the Slalement of Financial Aclivilies. Consolidated and Society Balance Sheets, Consolidated Statement of C8sh Flows and notes lo the financial slalemenls. including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Praclicel. In our opinion the financial stalemenls.. give a true and fair view of the slate of the group's and the charitable company's affairs as al 31 December 2020 and of the group's income and expenditure, for the year then ended., have been properly prepa￿d in accordance with United Kingdom Generally Accepted Accounting Practice., and have been preparecl in accordance with the requirements of the Companies Act 2006. Basis for oplnion We conducted our audit in accordance with International Standards on Auditing IUKI IISAS (UKII and applicable law. Our responsibilities under those standards are further descrrbed in the Auditor's responsibilities for the audit of the financial statements section of our report. WÈ are independent of the group in accordance with the ethical requirements that are relevant to 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 with these requirements. We believe that the audit evidence we have obtained is suffi'cient and appropriate lo provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statemen15, we have concluded that the trustee's use of the going concern basis of accounting in the preparats'on of the financial slalemenls is appropriate. Based on the work we have performed, we have not identified any maleTral uncertainties relating to events or conditions that, individually or collectively, may cast significant doubl on the charitable company's or the group's ability to continue as a going concern for a period of at least ￿e1ve months from when the financial statements are aulhorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other information The trustees are responsible for the other information contained within the annual report. The other information comprises the information included in the annual report, other than the financial statements and our auditor's report Ihereon. Our opinion on the financial statements does not cover the other information and, except lo the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion Ihereon. Our responsibility is lo read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained the audit or otherwisè appears lo be materially misstated. If we identify such material inconsistencies or apparent material misslatemenls, we are required lo determine whether this gives rise lo a material misslatemenl in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstalemenl of this other information, we are required to report that fact. We have nothing to report in this regard. For the working animals of the wodd 24

THE SOCIETY FOR THE PROTECTIONOF ANIMALS ABROAD Report Of thè Councll Ilncorporating the Report of the Dlrg¢tors) For the yèar ended 31 December 2020 Oplnlons on othgr matters pres¢rlbed by the Companles Act 2006 In our opinion based on the work undertaken in the course of our audit the informatlon given in the trustees, report, which includes the directors, report prepared for the purposes of company law. for the financial year for which the f inancial statements are prepared Is consistent with the f inancial statements- and the directots, report included within the trustees. r8POrt have begn prgpargd in a¢cordan¢g with applicable legal requirements. Matters on whlch we are rgqulr•d to report by exceptlon In light of the knowledge and understanding of the group and charitable company and their environment obtained in the course of thg audit, we havg not identif led material misslalemenls in the directors, report Included within tho l¥ustges' report. We hav6 nothing to report in respect of the followng matters in relation to %thich the Companies Act 2006 requires us lo report lo you if, in our opinion.. adequate and proper accounllng records have not been kept; or the financi81 statements are not in agreement with the accounting records and rotums., or certain disclosures of trustees, remuneration specif led by law are not made.. or we have not received all the infomation and explanations we requlre for our audit. Responslbllities of trust•gs As explained more fully In the trustees, responsibilities statement, the twstees Ivtho are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements ar￿ for being satisfied that they give a true and fair view. and forsuch intemal control as th8 trustees determine is necessary lo enable the preparallon of f inancial slatemonts that are f ree from material misslalemenl. wh8lher due to fraud or error. In prePar￿ng the financial statements, the Iruslees are responsible for assessing the charitable company's ability to continue as a going concern, d is¢losing, as applicable, matters related to goi concem and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or lo cease operations, or have no realistic allemaliv& bul lo do so. Audltor's rosponslbllltlos for thè audlt of thè financlal statements Our objectives are to obtaln reasonable assuranc8 about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditols report that includes our opinion. Reasonable assurance is a high levol of assurance, bul is no l a guarantee that an audil conducted in accordance with ISAS {UKI will always detect a material misslalemenl when it exists. Misslalfjments can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influen¢e the economi¢ decisions of users taken on the basis of these flnanci81 statements. Details of the extent lo ￿1¢h the audit was consldered capable of detecting irregularities. including fraud and non-compliance with laws and regulations are set OLtt below. A further descripllon of our responslbilitles forthe audit of the financial statements is located on the Flnancial Reporting Council's website al.. www.f rc.org.uklaL￿IlQrsresponSIblIItIeS.ThIs descriplionfoms part of our8udltorfs report. Extent to whl¢h the audit was considored capablg of dgtsctlng Irrggularitios, including fraud Irregularities, including fraud, are instances of non-compliance ￿rith laws and regulations. We identif and assessed the risks of male)ial misslalement of th8 f inanci81 statements from irregularities. whether dug lo fral￿ or error, and discussed these between our audit team members. We then designed and perfomied audit procedures responsive lo those risks, including obtaining audit evidence sufficient a appropriate lo provide a basis forour opinion. We obtained an understanding of the legal and regulatory frameworks wtlhin which tho charitable company and group operates, focusing on those laws and regulations that have a dirnct effect on the For the working animals of the wortd 25

THE SOCIETYFOR THE PROTECTIONOF ANIMALSABROAD Report of the Council lincorporating the Report of the Directors) For the year ended 31 Docember 2020 detemination of material amounts and disclosures in the f inanclal stalemenls. The laws and r8gulatlons W8 considered in this context were the Companies Act 2006 together with the Charities SORP IFRS 1021. We assessed the required compliance with these laws and regijlations as part of our audit procedures on the related f inancial stalgment items. In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements bul ¢omplian¢e with which might be fundamental to the charitable company's and the group's ability to operate or lo avoid a materlal penalty. We also ¢onsidered the opportunitk and incentives that may exist within the charitable company and the group for fraud. The laws and regulations wè considered in this context forthe UK operations were compliance with the requirements of the Fundraising Regulator, Gambling Commission, veterinary service regulations and General Data Protection regulations. We also considered compliance wlth local legislation forthe group's overseas operallng segments. Auditing standards limit tha required audit procedures lo identify nDn-complian¢e wth these laws and regulations lo enquiry of the Trustees and other management and inspection of ￿gUlatOry and legal correspondence, if any. We identified the greatest riskof material impact onthe financial statements from irrggularities, including frdud. to be within the timing of recognition of donation. legacy, investment and other income. aulhurisalion and approval of payments lo overseas branchgs, partners and other non-UK entities and the override of controls by management. Our audit procedures to respond lo these risks included gnquirigs of management and the Finance & Audit Committee about their own identification and assessment of the risks of Irregularities, sample testing on the posting of joumals, reviewing accounlirg eslimales for biases, reviewing regulatory correspondence wth the Charity Commission and reading mlnutes of meetings of those charged with governance. Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detect some material misslalemenls in thè f inancial slatemenls, even though we have propedy planned and perfomgd our audit in accordance wth auditing standards. For example, thg further removed non- compliance wth laws and regulations lirregul8ri1iesl is from the events ond transactions reflgcled in the financial statements, the Igss likely the inherently limited procedures required by auditing standards would i¢Jenlify it. In addition, as with any audit, there remained a higher risk of non4eteclion of irregularities, as these may involve collusion. forgery, intentional omissions, misrepresenlalions, or the override of inlemal controls. We are not responsible for preventing non-compliance and cannot be expeGted lo delect nonHcompllance with all laws and legulations. Use of our report This report is made solely to the charllable company's members, as a body. in accordance wth Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that ￿ might slate to the charitable company's members those matters we are required lo stat8 to them in an auditorf8 report and for no other pu￿oSe. To the fullest exlenl permltled by law, wg do not accept or assumg responsibility to anyone other than the charitabl& company and the charitable comp any's members as a body, forouraudit work, for this report. or for the opinions we have f omied. Nicola May Senior Statutory Auditor For and on bohalf of Crowe U.K. LLP statutory Auditor London Date.. 27th May 2021 For the working animals of the Wortd 26

THE SOCIETY FOR THE PROTECTION OF ANIIVIALS ABROAD Consolidated ststement of financial activities Ilncorporating In¢omè and exp&nditure accountl For the èar ended 31 December 2020 Notes General Funds Restricted Funds Total 2020 Total 2019 Restated Incomè from Donations Legacies Trusls Trading activities Investment income Other incorne Total incomè 2{dl 2{d) 2{dl 3,655.412 5,541,710 114,821 86,391 140,655 251,173 9.790.162 109,947 3,765,359 5,541,710 232,099 86,391 140,655 251,173 10,017,387 3,524,944 3,882,511 331,715 55,095 167,640 117,278 21dl 227.225 7,961,90S Expenditure on Rai8lng funds Cost of raising funds Fundraising Ir8dlng'. cosl of goods sold Investment managemenl costs 51al 2,642.343 66,715 45,247 2.642,343 66,715 45,247 3,347.041 36,481 79.326 2,754,305 2,754.305 3,462,848 Charitable activiti& Veterinary activities Edu¢alioTral activities 51bl,l¢l 51bl,l¢l 3,363,227 1,470,914 370,308 1,28Q 3.733,535 1.472,174 4,459.624 1,928,609 4,834,141 7,588.446 371,568 371.S68 5,205,709 7,960.014 6,388,233 9.851,081 Total oxpgnditure Operating Ideficitvsurplus for the year. 2.201.716 {144,3431 2,057,373 {1,889,1761 Nel gainslllossesl on investments Sale of assets Nel gainslllosso$1 on fotward foreign exchange contracts (218,1641 1218.164) 1.072,317 181,260 Nèt Incomo for the year 1,983,552 1144.3431 1,839.209 1635,5991 Net movement In funds 1.983,552 1144.3431 1,839,209 1635,5991 Re¢on¢lllatlon of funds Funds bToughl fts￿ard al 1 January 2020 as previously staled Prior year adjustment Funds brou9hl fotward at 1 January 2020 as reslaled Funds carrièd forward at 31 December 2020 9,720.033 1986,668) 8,733,365 10,716,917 453,360 10.173,393 1986,6e81 9.186,725 11,025,934 10.032,887 1210,563) 9,822,324 9,186,725 453,380 309,017 All the above amounts relate to continuing activities. All gainsllosses in the year are shown above. The notes on pages 29 to 47 fom part Of these financial statements. F¢)rlhg worf(ing animals of the worfd 27

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Consolidated balance sheets as at 31 December 2020 Group Society Notes 2020 2019 ReslalÉd 2020 2019 Restated Fixed a55èts Tangible 853els Intangible assets Investments 7131 71bl 81al 1.220,169 62.840 6,380,948 1,256,016 86,576 6,494,404 1,220.169 62,840 6,380.949 1,256.016 86.576 6,494.405 7.663,957 7,836,996 7,663,958 7,836,997 Current assets Stock Debtors Cash al bank and In hand 6,013 604,012 3,154,233 13,773 643,359 1,135,585 1,087,687 2,773,372 1,023,979 905,665 3.764,258 1402.2811 1,792,717 1442,9881 3,861,059 1356,7521 3,504,307 11,168,265 1,929,644 1413,0361 Creditors.. amounts due within one year Net current assets 10 3,361,97Y 11,025,934 1,349.729 9,186,725 1.516,608 9,353,605 Net assets 13 ReprÈsèfited by: Unrestricted funds General fund 9,433.908 7,390,773 9,576,239 7.557,653 Designated funds Ttsl81 unrestricted funds 1283 009 1342 592 1283 009 1342 592 10,716,917 8.733,365 10,B59,248 8,900,245 Restricted funds 12 309,017 453,360 309,017 453,360 Total funds 11,025,934 9,186.725 11.168,265 9,353,605 Thè Society made a profrt of £1.814,86012019 loss of £571,707) both adjusted for a change in ac¢ounling poll¢y dLJring the year. Approved by the Council and aulhorised for issue on 18 May 2021 and signed on ils behalf by.. M.L Hughes Chair Gavin Helmer Deputy Chair & Treasurer The notes on pages 29 to 47 form part ofthese financial slatemenls. Small company provisions These linancial statements have been prepared in accordan￿ with the spei#al prowsions for small companies under Part 15 of the Cornpanies Act 2006. Company Number: 558085 Forlhe wothAng animals of th& world 28

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Consolidated statement of cash flows For the ygarended 31 December 2020 2020 2019 Cash flow8 form operatlng activities 1,978,34S 11.687,4691 Cash flowfrom Inv05ting activities DNid8nds & Interesl from InveslmÈnt8 Pr¢¢8eds from the $alÈ of Tanglble Assets Purchase of Tangible Assets Purchase of Intangible Assets Prcc8ed5 trom th8 Sale of Investm8nts Purchase of Investments 142.278 167.640 228,393 117,4111 195,4831 1,500,000 188,1611 14,9441 197,0291 Net Cash provided by Investing Activities 40,303 1,694,978 Chang8 in Ca$h & Equival&nts In the R6porUng Pertod 2.018.648 7,509 Cash & Equivalents at$tsrt of Reportlng P8rlod 1,135,585 1.128,076 Cash & Gash equivalents and Net Debt atend of Report(ng P8rlod Ch•Bkto BS 3,154,233 1.135,58S Not Movement of Funds perthe SOFA 1,839,209 140,506 Depreciation ICains)Aosses on investments Dividends & Interest from Investrnents Gain on Sale of Fixed Ass&15 Decreasellincreasel in stocks DecreHse/lincroasel in debtors Incr8a5elldecrea5el in G￿drt0rs 64,528 210,485 1142,2761 46,308 11,072.3171 1167,6401 1181,2601 3.081 1634,0341 177,887 7,760 39,348 140.7091 1.978.34S 11.687,4691 For the working 8nlmals of the world 29

THE SOCIETY FOR THE PROTECTION OF ANIiVFALS ABROAD Notes to the financial statements For th& ear end6d 31 December 2020 1 company Informatlon The Society is a 18gistered Charity and as such Is a non-profit making organisation, limit8d by guarantee and the￿fore with no share capital. Tha numb8r of members at 31 D8cember 2020 is 11412019.. 1201 and their liability on a liquidation is limited to £1 each. The Society is regi5tel8d England and Wales und8r number 558085 and its registered office is 14 John Street, London WC1N 2EB. Th& SO￿etY 1$ a Public Btrn8fit Enbty registered ￿th the Charity Commls8ion und8r number 209015. 2 A¢countlng pollel•s lal Crltlcal aGcounting Judgements and key sources of gstfmatlon uncertalnty In the application of the charitys accountirEg poIici8s, which are described in this note 2, Trustees ar8 r8quired to make judgements, estimates. assumption5 about the carrying valuBs of 8SS8ts and liabllities that aT8 not r9adily apparent from other sources. The estimEtes 2nd undertying assumptions are based on hlstorical experience and other factors that are considered to be relevant. Actual results may drft&r from these estitnate5. The estimates 8nd underlwng assumptions ar8 reviewed on an on-going basis. Revlslons to 8wunting estimates are recoynised in the period in which the estirnate is revised if the 18vision affects only that p81iod, or in the period ol the revislon and future periods If the revision affects the Current and future periods. In the view of the Trustees. no assumptions conceining the future or estimation ￿n￿rtaintY affecting assets and liabilities at the b818nce sh8el date a￿ likely to result in a rnaterial adjuslrnent to their carrylng amounts in the next financial year. The principal awounting pollae5 adopted. judgements and kay sour￿$ ol estimatlon unc8rtainty in the pressntation of the financial stattsm8nls are as follows.. Ibl Basis of accounllny Th8 financial stalements havg begn prepared on a lina by line basis after ellminatrng inlergroup transactions and b818nces. The result5 of the Society and its subsidiarles.. their registered numb6r8 are.. . The Society for the Protection ol Anirn&l8 Abroad Iregistered nutnb8r 5580851 SPANA Trading Limited (registe￿d numb8r 57012011 The Society for the Protection of Allltnals Abroad IAustralial Lirni18d IACN 617228109} Society for thg Protection of Animals Irogister8d in Jordan) whlch is rlo longer induded In the ￿)n￿Oridation as it was liquidated in 2019. . The Society forthe Protection of Anim8ls AbroadlJordan Iregi5tered in Jordan) 15 a150 no longer in¢lLKSed in consolldation as the subsidiary 15 being liquidat8d and the accounts lor 2020 are not available. The trustees are sat151ied that th8 transactions anij balances arising in the year are not material to the financial stslernents and results have been excluded on that ba51S. SPANA funds other entities and partners overseas, howev8r these entitie5 8re not included in the con501idat8d results 8s SPANA doosn't have suffi¢ient financial contiol. The financial statements hav8 been prepared under the histori￿[ cost convention as modified by the revaluation ol inve5tm8nts and in accordance with *he Financial Reporting Stancsard applicable In the UK and RepublSc of Ireland IFRS1021, the Companies Act 2008 and the Statement ol Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS1021- effective 1 January 2015. 2 AccountI￿g pollcles l¢ontlnuedl The functional cUr￿ncY of SPANA and its subsidiary enh"tle5 is considered to be GBP b8C8usÈ that is the currency ol the primary economio environment in whi¢h thg group operat88. The consolidated fin8n¢ial statements a￿ also presented in GBP. For th& workffng onim818 of lh& world 30

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Notes to the financial statements For the year ended 31 D8c8mber 2020 Icl Golng con¢errn The ongoing pandemic has had a significant operational and finaneial impacl on th8 charity and it3 activities in the UK and abroad. Our activities have continued, though wth some rest￿ctIOns. throughovl ts crlsls and action has been taken to ensure the safety of our employees and those we work with through rernot8 working and Social distancing Key risks surrounding the pandemic hav8 been incorporated into our risk management framework and are monitor￿1 regularly by th8 Irusleès and senior management learn. Our response to thg crisls Induded.. Placing staff on the government's coronaviTU5 job rotention sch8rne Removing all none$58nti81 discretionary spèn 4 Restructurin9 op8ratlons and actiwties to reducg the overall c081 bas8 in the UK and wthln overseas piojects A revised forecast ha5 been pr&pared which considers expected perforrnance up to Decemb8r 2023. This exercisè has consldered sensitivities and scenario planning over key assumptions including fundmising income, staff costs and available ￿serVeS. F0￿cast$ show that planned deficits are expected to recur until 2023 wth the tharily brEaking ev8n in the period thereafter. Finanual performance and cash flow continues to b8 monitored regularly with a lo¢us on liquidity and bvailable frge reseTves being of central importance. As part ol this oversight, there is ongoing assessment of fundraising 8nd investment p8rfoiman¢e and the cash positon to ensure SPANA r818in5 sufficient hgadioom to fund day to day acb"vilies. Should performance fall below expeclalion, additional c08t savings and conling8ncles hav& been identified to ensure the organisation can continue as a going concern. After Ixnsid8Tation of the revised fo￿taSt$. sensiuvlty and scenario planning and the current level of available free reserves, tru$te85 are satisfied that there ar8 material uncertainties around SPANA'S ability to continue as a going concem and it remains appropTlate to prepare the a￿Ount8 on Ih8t basis. Idl Incomlng reGOU￿09 Donations and Trust Income are recognised when there is suffiaent emdence of enlitlem8nt, probable rec8ipt and where the amount is measurable. Accruals are rnad8 on a monthly basis lor rèlated Gift Aid where applicable. Legacies subj8Ct to a Ilfe interest by another party will not be recognised. Pecuniary18oacies will be recognised when the18gacy 15 reTrived or where there 1$ sufficient evidenc8 that receipt is probab￿. Reslduary l&gaci85 a recognised at the earlier of cash reeelved or nolificatlon of an interim distribution or estate accounts having been 8pproved by the executors. This reprèsents a change in accounting policy where previously legacy in¢om8 was recognised once notified and re¢8lPt5 were rneasur8b18 and probable. This was done in order to remove th8 unctrrtainty inher8nt in the previous accounts'ng policy due to the substanti81 lead limes b8tween notification and recBlpt of the legacy. Comparative information has been reststed to reflect the change, th8 affects of which are shown in Note 17. Investment incorne Is accounted for on an accruals ba51s together with any income tax rècoverable. Government grants are re¢o9nised when the charity has complied with any conditions attaching to the grant and the grant will b8 received. The grant, in cOnn8￿10n to the job rgtenlion scheme, has b88n reccognised in the period to which the underfying furloughèd staff costs r8lato to. Included in other income is an amount of £251,173 in respect of th8 Coronavirus Job Rptenlion Sch8me. Forlhe worklng gnlm&ls of the world 31

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Notes to the financial statements For th8 ear ended 31 Decembgr 2020 2 Accounting pollcles Icortrtinuedl 181 Resources expended AII UK expenditure is r8cogn&sed on an ac¢ruals basis. UK exp8nditure has been allocated to costs of generating funds and charitsble a¢tNities when de8rW identified. or is otherwis8 8PPDrtioned lo these cal8gories, on the basis of Staff lirne and ulilisalion. Costs of generating funds compris85 fundraising and publlaty (x)sls. cost ol gwds sold for fundr8i81ng purFoses, investment management fee5 and an apportionment ol head offi¢￿ Overheads including governanc8 wsts. Exp6nditure on charitable kchvlties 15 split between the two main actimlies of SPANA, veterinary 8nd education. Training and emergency are inelud8d within these two activthes. It in¢ludes funding for overseas operations Irecognised when monies are tran5f8ri8dl and grants to outraach and emergency projects Iwhlch sr8 recognised when they are approved). as shown in note 8. 11 also Includes SUPPOrt costs. including 8ppottion8d head office overheads and governance costs. repre3enting the necessary and prudent overseeing ol operations lo ensure the gffective use ol charitable funds in m881ing the Society's objectives in overseas countries. The Society m8k88 small grants for outreach projects, usually less than £10,000, to fund discrete animal welfare or educabon projects which are eilher not In a SPANA core-country or in an area served by the wre<ountry project. The grant5 are usually lor one year wth the possibl8 extension to a second year d8P8nding on progress In the first year. Ernergency grants are made for projects wh8re animals, lives arè at risk through drought or other disastèrs. Governants costs as shown in note 6lcl are th08e necessary for the proper Complian￿ with statutory and constituts'onal r6quir8m9nts. 10 Flnan¢lal assots and Ilabllltles Financial assets and financial liabilili8s are recognised when SPANA becomes a party to thts eontiactual provisions of the instrument. Additionally all financial assets and liabilities a￿ classified according to the SLJbslance of th8 (x)ntraclual arrangements entsr8d into_ Financial assets and Ilabilities are initially measured at trsnsaction price (including transaction costs) alld ar8 subsequently re~me85ui8d where applicable at amortised cost e}Xc￿p1 for forward rate currency contracts which ar8 subsequently tn6asur8d al feir value wth gains and1058gS rècognised in the Statement of Fillancial Activities. Assets and liabilitles held in foreign currency ai8 translated to GBP al the balance sheet dote at an 8ppropriate year end exchange ralg. lfj Flnanclal assets and Ilabiltties Icontinuedl The Society enters into lorwarLI rate curr8ncy wntracls to manage its exposure to flU￿atIonS in exchange r8t8S thioughoul the year. These contr&cLs are recognised at fair value with gains or losses recogni5ed In the Statement of Financial Activities. The onty assets held al fair value are the Inv6stm8nls as detailed in note 8. Igl DeprÈclatlon Tangible and int8ngiblg fixed assets are stated at cost less depreciation. Deprecialon is calculated to write off the cost of fixed a558ls, 18$$ residual values, ov8r their expected useful lives, on a slraighl line basis, using thè follN4ng periods.. United Klngdom - over 50 years over 5 years - over 3 years - b￿￿een 3-5 years Ov6rstra8 over 50 y88r8 over 5 y8ais - over 5 ye8rs - betsveen 3-5 years Fre8hold building Furniture, fittings and equiptnenl Computers Intangibl8S Forlhg working 8nimals of the w0￿d 32

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Notes to the financial statements For the ear onded 31 De¢ember 2020 2 Accounting policres l¢ontinued} Depreclatlon Land is not deprèciated. A5Ststs supplied to overseas partners are not depreciated. bul are shown as expenditure. Assets, whos8 (x)st is more than £1,000. purchased by the Society are capilalised. The assets purchased by the Society's overs8aS Subsidiary and brarFch are lully depreciat8d In the year of ac4ulsition in view ol uncertainty of conditions ov8rsea5. Ihl Inv88tments Listed investments ar8 valued at Ihg mid-rnarket price ruling at the balan￿ sheet date which gives ri88 to unrèallsed gainslloss85 which are included in the Group Statement of Finanaal A¢twilies. Realised gainsllosses arising on the disposal ol investments d￿￿llg the year are separately disclosed in the Group Statement ol Financial Activities. Investments in Subsidiaries are initially Ineluded at ¢0811sèè noto Qe lor further details about th valuation ol the subsidi8ri85 in Australia and Jordan). lil Stocks Stocks are statsd at the Iow8r ol cost and nel realisable value. til Funds General fund5 ar8 unre5tri¢ted lund5 which indudo buildings and equipment ne¢8ssary for the proper functioning of the charity and other funds available for use at the discretion of the Trustees in furtherance of the Soci8ty's oblacts"ves. D8signaled funds are s8t aside at the discretion of the Trustees for Specif￿ purposes. They would otherwise ft)rm part of the other general funds. R8Stiicted funds ar8 the funds which a￿ 8ubj8Ct to specific restri¢tion5 as imposed by the donor or nature of the appeal. 3 Activltles for yeneratlng fund8 2020 2019 Sale of Merchandise 86,391 55,095 4 Leg?¢les The esliFnated value of residuary 18gaues, nolif18d to 8PANA prior lo 31 De￿mber 2020 and expected to be receivèd in futur8 year5, 15 £3.8 million12019." £4.0 million). Thèse residuary legacies ale not Included in the financlal stat&ments as the amount cannot be quants.fied with reasonabl8 certainty. This figure 8xdudès life interest 18gacies, where the amounts due eannot be quantifi8d with reasonablg ¢8rtalnty. 5 Analysts of resources expend8d {al Analysis of cost of ralslng funds 2020 2019 staff costs Other dir6Ct costs Govemance Costs other 5UPPOrt costs Depreciation 914,342 1,450,658 35,899 220,795 20,649 894,071 2,119,199 30,532 284,816 18.423 2,642.343 3.347.041 For th8 W0￿￿ng animals of th8 wortd 33

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Notes to the financial statements For the ear ended 31 Dec&mber 2020 S Analysls of resource8 expended Iconlinuedl Ibl ¢harltable activltl88 by country Treatment of slck animals 2020 Total 2019 Total Education Botswana Ethiopia Jordan Mali Mauiitania Moroixo Myanmar Tunisia Zimbabwe Outreach and Emeroeney 24,503 360.632 97,307 584,077 957,612 1,008,283 8.183 3D8.107 208.780 fj76,071 3,733,636 6,798 343.817 31,301 704,449 97.307 789.635 1.260,162 1.326,816 8,183 405,450 350,853 231553 5,205,709 327,374 897,182 384,357 552.950 1,005,04D 1,804.559 30,805 547,712 447,838 390418 6,388.233 205,558 302,550 318,553 97,343 142,073 55,482 1,472,174 Detsils of outreach and emergency programmes are available from kn8 Soci8ty$ website W￿.sPa￿a.org Icl Charitable activltlÈs by type of expenditur Trgatm8nt of sick anlmal$ 2020 Totsl 2019 Total Educatlon Direct funding for ovérseas projects Grants payable for outreach funding Staff costs Govemance costs Other support costs 1,961,444 176,071 fj,257,220 54,559 284,241 3,733,535 618,077 55,482 628,610 27,884 142,121 1,472,174 2.579,521 231,553 1,885,830 82,443 426 362 5,205,709 3,463,148 390,416 1,844,022 76.286 614.361 6.388,233 Id) The opèrating 8UTpIu31ldeflcltl for the ygar Is statod after= 2020 2019 Audit fees Audilovs fee for non audlt Sètvlegs Auditorfs overseas affiliate5 (Pitchar Partners in Australla $16,500) Audil0rf5 fees in relation to prior year TTuslees' expenses 25,750 8,340 9,317 19.950 6,114 8,761 4,135 6 Resources expended Include.. (al Stsff ¢osts and employees Unlted Klngdom 2020 Oversèas 2020 2019 2019 Wages and 5alarie5 Soclal Security costs Pension costs (Note 141 Other staff (x)st$ 2.308,238 234,798 192,929 38,053 2.774,014 2,233,619 228,270 199.081 133.002 2,793,972 123,529 22,087 145,616 Compensation payments lor10ss of offic8 115,070 41,257 Forthe working 8nimals of lh8 world 34

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Notes to the financial statements For the year ended 31 December 2020 6 Resouic85 èxpended Include= Icontlnuedl Ibl Staff costs and employe88 No. Employ&8s earnillg tTrore than £60.000 p.a. £60,000- £70,OQKI £70,000- £80,000 £80,000- £W,000 £90,000- £100.000 £100.000- £110,000 £110,0(KJ- £120,000 £120,0(M)- £130,000 £130,0(KI- £140,000 Pension contributions of £65,88212019.. £70,937) werg made for Ih8s8 8tnployees. Totkl remuneration and employae benefits of senior management tearn 65,882 728,456 70,937 715,446 The average monthly number tsf stsfl during the yearwas.. United Klngdom 2020 Ov8rsgas 2020 2019 2019 Icl Tru8te8s' 8xpen$es anfl remun8ratlon Reitnbursements lo Trustees. and arnDunts pald on their behalf, were m8de to O (2019.. 51 Trustees during thè year lor travel and oth8r n8cessary costs incurred in the UK and oversgas in connectlon with the work ol th8 charity. Amounts paid on b8half ol Trustees, including expenses reimbursed, during th6 yoar totalled £0 (2019., £4,135}. The Trustees retsived no remun8ration lor their sepJi¢es during the year1201g .. NIL). Tha Trustees have notwaived any expenses which they could have claimed12019.' NIL}. Forlh8 working animals of th8 35

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Notes to the financial statements For the year ended 31 Docember 2020 7 Fixed as8818 lal Tangible Fixed Assets Group and Soclety Furniture, fittings and equlpment Freehold land and buildings Computers Totsl Cost- 1 January 2020 Additions Disposals 1.559,589 36.931 5,153 19,529 1,616,049 5,153 12091 12091 31 DeTrmber 2020 1,559,589 42.084 19,320 1,620,993 Depreclation.. 1 January 2020 Charge for the year Disposals 339,500 23,500 15.660 13,470 4,872 3,822 360,032 40,792 31 D8cember2020 363,000 29,130 8,694 400,824 Net book valu&: 31 DeTrmber 2020 1,196,589 1,220,089 12,954 21,270 10,626 14,657 1,220,169 1,256,016 31 December 2019 Ibl Intangible Fixed Assets Group and Soclety Sofvaro & Syst8ms Total Cost: 1 January 2020 Additions 95,483 95,483 31 December 2020 95,483 95,483 Depreclatlon: 1 JanLEary 2020 Charge for the year 31 December 2020 8,907 23,736 32,643 8,907 23.736 32,643 Net book valu8- 31 December 2020 62.840 86,576 62,840 86,576 31 De¢omber2019 For the wort(ing animals of th6 world

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Notes to the financial statements For th8 year ended 31 Decgmber 2020 8 Investments GroLrp 2020 Society 2020 2019 2019 lal Listed Investments Inote 8bl Investrnents In Subsidiary (note 8d. 8e. 80 6.380,948 6,494,404 6.380,948 6,494.404 6,380,948 6,494,404 6,380,949 6.494,405 Ibl Listed Inv88lm6nts 2020 2019 Valuation at 1 January 2￿20 Funds wlhdrawn Reinvested inooma M&nagement fees Net investment galnslllossesl for th8 y8ar 6.494,404 6.826,651 11.500.000) 187.487 179.3281 1,079,592 142,276 145,2471 1210,4861 Valuation at 31 Decernbgr 2020 (see Icl b8lowl 6,380,948 6,494.404 Icl The valu8tion is made up ol.. 2020 2019 Investm8nts d8alt on a ￿COgnised stock exchange.. UK equities UK fixed int8re5t securities Overseas oquitl88 Cash Allemabve inv8Stments- hedge funds 2,054.051 601.923 2,164,990 50.897 1,509,087 6,380,948 2,923.883 1,201,817 1,810,066 10.128 748,510 6,494,404 Idl The Soci8ty holds unlisted inveslman15 at a cost of £1 in th8 following subsidlary undertaklngs= Unlted Klngdom P8rc8ntage of share capital held 100% Incorporated In Class of Principal a¢tlvlty shar8S no Merch8ndisè Ordinary £1 salgs SPANA Trading Limited England 5701201 The ie5uIts ol SPANA Trading Limited. extractod from its audited linanci818tat8ments, are summa￿sed below. 2020 2019 Tumover Adminlstrative exp8ns8S Profit on ordinary activities before and after taxation Payment under Gift Aid Retained profit lor the year 86,391 166,718} 19,675 55,095 54,481 614 614 Net assets For the w0￿1ng anin38ls of the wortd 37

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Notes to the financial statements Forthe ear ended 31 Dacember 2020 8 Investments Icontlnuedl lel Jordan The Society operates through two subsidiaries in Jordan.. The first, Society for the Prote(*on ol Animals was liquidated in 2019. The summaris6d financial statements for thls Jordan subsidiary are.. Percentage of share capltal held Incorporated Class of Prlnclpal a¢tlvlty shares Soclèty for the Prot8Ction of Animals Jordan Anirnal welfare and education Capital ol JODSO,(KIO 1£47,1701 100% The Society for the Protsction ol Animals was liquidated in 2019 and therefore there a￿ no accounts for 2020. The tILJs18es 8r8 satisfied that there are no abstractions and balances arlslng In the yfyar for this companv. 2020 2019 Turnover Charitable and 8dmTnislralivo expenses surpluslld8ficill on ordinary activities Surpluslldefic4tl lor the year N?t assets 2,9911 12,9911 Including cash (unspent funds from the SPANA UK) The Society for the Protection olAnimals AbroadlJordan was established in 2015, however liquidation b8gan in 2020 and is ongoing. Going fotwatd, SPANA will deliver services in Jordan through partner organisalions. The value of the investment in th15 8ubsidi8ry in Jordan is the consolidated linanaal statements is nil in lin8 With our accounting policy dèfined in notè 2lbl. Th8 summarised financial statements for this Jordan subsidiary arg.. Percentage of share cap5tal hold Incorporated in Clas8 Qf Prln¢lpal activity 5haros Thg Soclety for the Prote¢tlon of Anlmal$ Jordan Animal welfare and edLJeation Capital of JOD5.0(M) 1£5,7111 100% Tho Society for th8 Protection of AnimalslJordan is belng liquidatéd and the accounts for 2020 are not available. The truste85 are satisfied that the abslraclions and balance8 arising in the year are not material to the financial st8t8ments. 2020 2019 Turnover Charitable and adrninislrative 8xp8nses Sutpluslldeficitl on ordinary activities Surpluslldefiatl for the year Net £55ets 219,224 254,1971 134,9731 Including cash (unspent funds from the SPANA UK) For the wtrthg animals ofthe wortd 38

THE SOCIETY FOR THE PROTECTION OF ANllVtALS ABROAD Notes to the financial statements For the ear ended 31 Decernbèr 2020 8 Investments l¢onfinugdl ID Australla SPANA has a 5ubsldiary in Australia. Th8 subsidiary is a company limited by guarantee and the value of the investment in this subsidiary in Australia in the consolldated financial statements is nil in linè with our accounting policy defined in not8 2 Ibl. The summarised financial st8tements lor the Australian subsidiary are.. Percèntagè of share capltal h8ld Incorporated Cl888 of Prlnclpal activlty sharès The Society for the Protection of Anlmals Abroad IAu8trallal Limlt8Lf Australia Animal welfare and education Capital of AUD101£61 100% The results ol The Soclety forthe Protection of Animals Abroad (Australia), gxtracted from its audit6d financial statements, are summarlsed below. 2020 2019 Turnover Chaiitabla and administrative 8XPallSaS 8urpluslld8ficitl on ordinary adimties Surpluslldsficitl forthe year Nat assets 300.542 266.694 33.849 229,705 270.7091 141.0041 142334 167 497 Including Cash 293 126 229 386 9 D8btors Group 2020 2019 Restated Gift ATd and ￿cOVerable tsxes Other debl¢xs Prepaym8nts and accrued incom8 60.821 410 S52 781 804012 183,353 16,078 443 928 643 359 Socl8ty 2020 2019 Re$l818d Gift Aid and re¢ov8rable taxes other debtors Prepayments and accrued income Amount due from subsidiary undertakings 45.292 410 552,781 489 204 1 087 687 178,446 13,533 443.928 388 072 1023 979 10 Cr8dltors'. amounts falllng duo wlthltk one yoar Group 2020 2019 Trade creditors Olh8r taxes Soci?1 Security other ueditors and accruals 112N28 99.364 190489 402 281 185.541 107.742 149 705 442 988 Forthe wothing gnim&ls of th8 WOFI6 39

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Notes to the financial statements For the ear ended 31 Dècember 2020 10 Crèdltot5.' arnount8 falllng due wlthln ong year loontlnutrdl Socigty 2020 2019 Trade creditors Other taxes and Soual Security other creditors and accruals 112,428 99,364 144,960 356 752 185,541 107.742 119.753 413 036 11 Reserves Ngt incoming Balance 1 or loutgolng January 2￿20 resources Balance 31 Docfrmber 2020 Galns I IIOs8esl Transf8rs Rostrlctod lunds 453,360 144,3431 309,017 Unrestricted Fund8 De8lgnatsd funds Fixed a5s8ts Intangible ass8ts 1,256,016 86.576 4,945 140.7921 123.7361 1,220,169 62,840 1,342,592 4,945 64,528 1,283,009 General Funds 7.3￿,773 2,196,771 84.528 1218,1641 9,433,908 YotAI unr8strlcted fur>d8 8,733.365 2.201,716 18.1641 10,716,917 Total rg59ry9$ 9 186 725 2 067 373 218 164 11 025934 A description of th8 r8s&rves held a131 D8C8mber 2020 is.. Re8trlcted funds are those where the donor h85 Stipulated they be used lor a specific purpose and thère rnay bo 8 trtn8 lag be￿een receipt and when they are spent. For further details, see note 12. The fixed assets designated fund represents the nel book value tsf assets h81d lo allow the Society to carry out ils work effeclwely. Because this reserve compri88s Itxed assets, it is not POS5ible to use them elsewhere wthin the Society. Forthe ¥w￿l￿g 8nimEls of th8 world 40

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Notes to the flnanclal ststements For tho y•ar &ndgd 31 Do¢W￿b￿r 2020 12 Re8trScted funds ance January 2020 ncomrng resources •e•m 2020 expended Outreach Funding Re-HYdratIon￿uy1kana Ethiopia- Treat htsrsès wth EZL Mali Tetanus Appaal Emèrgency rèsponse unil Emergency Fund Zimbabwe Releclors Zimbabwe Minilabs Mali Book Treating eye injuries and diseases Online Learning Portal The Diana Hulme Education Fund Ending Donkey Skins Trade Mali Mobile Clinic Ethiopia Gondar Vet care for donkèy5 Mauritania Vat care for donkey$ in North Africa X ray and ultrasound m8¢hines Food for Caleche Horses Zimbabwe CPD Srnall Funds under £5,000 28,737 4e,897 23.755 35.378 33.947 14,929 16.S96 61.803 20,214 16,485 58,596 12,546 5,100 35,816 2,333 88 250 129,0701 146,9851 117,3651 6,640 35,278 33,947 8,378 25 100,000 {23,3071 {13,9511 1161,8031 2,670 20,214 16,485 60,440 11,288 6,350 28,885 1.844 11,2601 1,250 588 13,25LJ 62,500 10,000 17,5191 {13,2501 17,4281 {10,0001 55,072 7,120 7,120 2,969 4,752 16,809 10,978 18,0091 (10,2481 121,3731 15,000 22,441 15,741 4S3.360 227,225 1371,S681 309,017 The above restricted funds are subject to specrfic conditions imposed by the donor, tho contract or Ihe appeal mad8 by SPANA for proj8¢1s being undertaken. The furKls with a balance carried forward as al 31 December 2020 are to be usèd for the following purposès.. Outreach Funding Re-HYdrati0n￿urk8na Ethiopia- Treat horses with EZL Mali Tetanus App8al Em$rgency response unit Emergency Fund To support a range of outreach programs Emergency solar powered well in Turkana. Kenya Investigation into and treating epizoolic lymphangi118 Investigation into and vaccination against l$18nus in Mall Funding lo esl8bli$h emerg¢ncy re8pon8e unil Fund$ raisèd for diff8rènl 8Ctivities which enable SPANA to intervene and save working anima18 from disaster Animal reffectors to prevent road accid8n15 Zimbabwe programme8 Provid8 basic laboratory facilrties in mobrle clinlt Production of edu¢alional materials in Mail Funding for eye pathology For online veterinary training emorial education fund To support work and advocacy on ending the trade in donkey skini Costs of running activities in Gondar To purchase veterinary diagnosllc equipment Zimbabwe Reflectors Zimb8b Minilabs Mall Book Treating eye injuries and disgases Online Learning Portal The Diana Hulme Education Fund Ending donkey skins trade Ethiopia Gondar X ray and uttrasound maehin$s Forth& wothing animals oflhe wortd 41

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Notes to the financlal statements For tho Oar ènded 31 D$¢•mb•r 2020 13 An#lysl$ of net 888èts - group UnrestTi¢tsd fund8 Restricted fund$ Totsl 2020 Total 2019 nvestments Fixed assets Current assels 6,380,948 1,283,009 3,455,241 1402.281) 6,380.948 1,283,009 3,764,258 {402,2811 6,494,404 1,342,592 1,792,717 {442,988) 309,017 Total 10,716,917 309.017 11,025,934 9,186,725 14 P•nsian costs The Society d￿$ not operate a company pension scheme. The ponsion costs (note 6le}I represent contributions paid by tht Soeiety to émployees. personal pension plans in the UK dur¢ng the year. Thi8 complies wlth Stakeholder pension requirèments. There are no pension schemes for overseas stsff. 15 Contlngent1Sabllltle8 Lltlgatlon SPANA has received notification of a potential tribun81 pro¢eedlng with 8 former employe&. No provision has been made in these accounts as it is too early in the proce88 to asse8$ any pot8nti81 value of th& ¢laim as the outcome is uncertain. 16 TransaGt5on8 wlth related partSes 2020 2019 Donations received from trustees and senior management 11,689 25,859 SPANA Tradlng Umlted Management fee charged by the Sociely to SPANA Trading Limited Amounts due to Society Profil from activities in SPANA Trading Limited 18,000 18,103 614 36,717 93,746 19,675 113.421 SPANA Australla Llmltèd Expenditure paid on b8h8lf of SPANA Atjstralla Amounts due to Soixèty 34,993 371.836 395,458 SPANA Jordan Expenditure paid on behalfof SPANA Jordan Amounts due to Soixely Value of funds sent to Jor(lan from UK 219,224 SPANA has part of ils investment portfolio invested with BlackRock Asset Managernenl. MS H Wintgr, ono ofthe iiu81ees (re8igned 22 S8plernber 2020), was employed by BlackRock Investment Managers Limited and had no influence on the investment. 420,413 34,440 Forth8 working animals of the worfd 42

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Notes to the financial statements For the ear ended 31 Deeember 2020 17 Changè In a¢¢ounting pollcle8 In 2020, the charity ha8 changed ils accounting policy for the recognitiion of legaties. as detailed in Note 2. The eff8cts of thg chang6 are detailed below. 2019 2019 Group Charity Reconcil18t￿n of Leg8cy income f&s shown on Consolidated sktemenFof ffn8ncial aclifili6s).' Legaoy incom8 las previouosty stated) L￿acY accrual 2018- change in basis now recognised L￿acY ac¢nJal 2019- change in basis not recogni58d Legacy income las reslat8dl 4,658,616 210,563 986,668 3.882,511 R8conciliation of Funds bmUghtf0￿Rrd &11 J8nU8ry 2Q19 (as shown cin Consolid8t8dslÈtemenl of fin8ncial actiwligs).. Funds brought forward las previously stated) Legacy accrual 2018- change in basis Funds brought forward las r85taledl 10,032,887 1210,5631 9,822,324 R8concilialion of Netrmovemgnt￿n funds (8s shown on Consolidsled staloFnent of financial aotivili9s).' Net movement in funds las previously siatedl Legacy acorual 2018- change in basi5 now recognised Legacy accrual 2019- change in basis not recognis8d Funds brought forward {as ￿$tated) 140,506 210,563 986,688 1635,5991 R8conGilialion of Prepaymenls and 8ccnJ8d income (as shown on NDf8 9).. Prepayments and accrued in¢otn8 las previou￿lY stated) Legacy accrual 2019- change in basls Prepayments and accrued incom8 las restaledl 1,430,596 986.6681 443,928 1.430,596 986.6681 443.928 ReW?Gfflisti(￿ of Deblots (és shown on th& Consolid8t8d 8618nce Shegf)., Debtors las prevlousty stal8dl Legacy accrual 2019- change in basis Debtors las r8St8tedl 1.630,027 1986,668 643,359 2,010,647 986.6681 1,023,979 ReGoncilAalion of G8n6ral Funds (8s shown on the Consolid8t8d balanc8 sheet).. General Funds {as previoLJsly statedl Legacy acciual 2019- chang6 in basis General Funds las restated) 8,377,441 086.6681 7,390.773 8,544.321 988,6681 7,557,853 Forlhe working anNm81s oflhe wortd 43

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Notes to the financial statements For the ear enderl 31 Decomber 2020 18 Consolldated statement of financial activities Ilncorporating incomp and expenditure accounti Fot th& y8ar onded 31 December 2019 Restated (Comparative for FRS102) Notes General Fund5 Restritted Funds Total 2019 lthcome from Donations Legacie5 Trusts Trading a¢livlties Investment income 2,998,374 3,882.511 331,715 55,095 167,640 7A35,335 526,570 3.524,944 3,882,511 331,715 55.095 187,640 21dl Totsl intomÈ 526,570 7.961.905 Expenditurè on Raising fund8 Cost of generating voluntary incotno Fundraising trading.. cost of goods sold Inveslm8nl managemènt ¢osts 51al 3,347,041 36,481 79,326 3.347.041 36,481 79,326 3,462,848 3A62.848 ChaTitsbl8 activitle8 Veteiinary activities Educakn'onal activilk9S 51bl.lcl 51bl.lcl 3.942,101 1,926,101 517,523 2,508 4,459,824 1,928,609 S,868,2D2 9.331.050 520.031 S20,031 6,3B8,233 9,851,081 Total expondst¢Jre Operating surpluslldeficitl ftir the y&ar (Gainslnosses on invesiments Nel gains on inv*lmenls Sale of ass&ls Net g8in5 on forward foreign exGhange contracts 11,895,715) 6,539 11,889.1761 1,072,317 181,260 1.072.317 181,260 N8t income for tha year 1642.1381 6,539 1635.5991 Net rnovernont In fund6 1642.1381 9,375,503 8,733,365 6.539 1635,5991 9,822,324 9.186,725 Funds brought fopwaid at 1 January 2019,. Funds ¢aTrlg11 forward at 31 December 2019 446.821 453,360 For th8 WOrt(ing anim81s of the world 44

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Notes to the financial statements For the year ended 31 December 2020 19 Prior Year Analysls of net assets - group R&stated Unrestrlcted funds Rgstricted funds Total 2019 Investments Fixed assets Current assets Current liabilities 6.494,404 1.342.592 1.339.357 {442,988) 8,733.365 6,494,404 1.342,592 1,792,717 442,988 9,186,725 453.360 Totsl 453.360 20 Prlor Y8ar Reserves Restatgd Nei incorning or {outgolng} rosources Balance 31 December Balan￿ 1 January 2019 Gains I (losses) Transfers 2019 Restricted funds 448,821 6,539 453.360 Unrestrictèd Funds Deslgnated funds Fixed assets Intangible assets 1.350,778 1276,0221 86,576 181,260 1,256.016 86,576 1,350,778 189,446 181,260 1,342,592 Rèvaluatlon rgserve General Funds 8,024,725 (1,895,715) 189,446 1,072,317 7,390,773 Total unrestricted funds 9.375,503 1,895 715 1 253,577 8,733 365 Totsl reserves 9 822 324 1 889 176 1 253 577 9 186 725 A description of the Teserves held at 31 Decembei 2019 is: Rèstricted funds are those where the donor has stipulated they ba used for a specific purpose and there may be a lirne lag between receipt and when they are spent. For further details, see note 12. The fixed assets designated fund represents the net book value of assets held to allow the Society lo carry out ils work effectively. Because this rtsetve comprises fixed a85ets, il is not possible to use them elsewhere within the Society. Forthe working animals of th8 Wortd 45

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Notes to the financial statements For the ear endèd 31 December 2020 Prior Year Restricted funds (continuod Balance 31 December 2019 Balance 1 January 2019 Incomlng Resources r8sources expended Outreach Funding Re-Hydrali0n￿ur1kana Ethiopia- Treat horses with EZL Mali Tetanus Appeal Emergency response unit Emergency Fund Zimbabwe Reflectors Zimbabwe Minilabs Mali Book T￿aling eye injuries and diseases Online Learning Portal Ethiopia Animsl Handling Vet Congress 2019 India Camels Mali Bamako Rubbish Dumps The Diana Hulme Education Fund Namibia CSC Elephant Mobile Clinic Myanmar Ending Donkey Skins Trade Tanzania Wounds & Tetanus Mali Mobi16 Clinic Ethiopia Gondar Mauritania Boghe Vel care for donkeys Mauritania Vet care for donkeys in North Africa X Tay and ultrasound machines Bits Zimbabwe CPD Sm811 Funds under £5.000 69,266 46,797 42,546 35,378 33.947 30.258 30,041 1.759 10Q 144,288) 26,737 46,897 23,755 35.378 33.947 14,929 16,596 61,803 20,214 16.485 58.596 12,546 {18,791) 3,657 455 150,000 118.9861 113,9001 188,197} 20,214 18,993 15,141 13,296 8,500 7,810 7,720 5,868 5,100 5,000 20 {2,5081 43.455 {7501 18,5001 15,6091 17.720} 17.1681 705 2,9 1,300 5,100 2,500 {2,5001 12661 114,0001 125,78SI 15.790) 19.184} {26.5001 140,6021 160,0001 140,0001 119,1001 15,375) 246 49,816 25,785 5,790 9,184 26,500 40,602 60,000 40,000 26,220 5,375 15.000 20.621 35,816 7,120 {01 15,000 17.035 50,926 {54.5121 526 570 520 031 453 360 The above reslricled funds are subject to specific conditions imposed by the donor, the contract or the The funds wlh a balanee carried forward as at 31 De￿mber 2019 arg lo be used for the following purposes.. Outreach Funding Re-Hydrationrfurkana Ethiopia - Treat horses with EZL Mali Tetanus Appeal Emergency response unil To support a range of oulre2ch programs Emergency solar powered well in Turkana, Kenya Investigation into and Irealing epizootic lymphangilis Investigation into and vaccination against tetanus in Mali Funding lo establish emergency response unil For the wort(ing animals of th8 world 46

THE SOCIETY FOR THE PROTECTION OF ANIMALS ABROAD Notes to thg flnancial stat&ments For the ear ended 31 December 2020 Prlor Year Restrlcted funds Icontinuedl Emergency Fund Funds raised for different aclivitl8s which enable SPANA to intervene and save working animals from disaster Animal reflectors to prevent Toad accidents Zimbabwe programmes Provide basic laboratory facilities in mobile clinics Production of educational maleiials in Mail Funding ftsr eye pathology For online veterinary training Running costs of the Animal Handllng centre in Ethiopia To support the annual veterinary training Conference Running cost for camel clinic Costs of suppO￿ng animals on the rubbish dumps Memorial education fund Running cost for Clinical Skills Centre in Narnibia Running cost for Myanmar mobile clinic Zimbabwe Reflectors Zimbabwe Minilabs Mali Book Treating eye injuiies and diseases Inline Learning Portal Ethiopia Animal Handling Vel Congress 2019 India Camels Mali Bamako Rubbish Dumps The Di8na Hulme Education Fund Namibia CSC Elephant Mobile Clinic Myanmar For the working anlmals of the world 47