## **ANNUAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2024**
## **The Royal Society for the Prevention of Cruelty to Animals Kent - Isle of Thanet Branch Annual Report of the Management Committee**
The Committee presents its annual report and the accounts for the year ended:
31 December 2024.
Page 1
The Royal Society for the Prevention of Cruelty to Animals Kent - Isle of Thanet Branch (‘The Branch’), Queensdown Road, Birchington, Kent, CT7 0HG was registered with the Charity Commission (No. 209365) on 22nd September 1962 and is governed by the rules and regulations laid down by The Royal Society for the Prevention of Cruelty to Animals (RSPCA).
## **Bankers:**
National Westminster Bank PLC Margate Lloyds Bank PLC Ramsgate CCLA Investment Management Ltd
## **Independent examiner:**
The Branch has annual turnover of less than £500,000 so does not require an audit, but an independent examination. This was undertaken by S J Wren of Accountancy Matters (Kent) Limited.
## **Trustees:**
The following trustees stood down during 2024:
Cathy Calcutt - resigned 29 October 2024 Tessa Loftus - resigned 14 June 2025 Mathew Beech - resigned 14 June 2025
The current trustees are as follows:
Clive Martin - Hon. Chair Emma Fernando - Hon. Treasurer Jonathan Fletcher - Hon. Secretary Karen Parish Candy Gregory Paul Fuller
## Page 2
## **STRUCTURE, GOVERNANCE AND MANAGEMENT:**
The charity is constituted as an unincorporated association. The charity operates as an autonomous branch of the National RSPCA, subject to its rules for branches (as updated in 2012). In the normal course of business committee members are elected at every Annual General Meeting, from the members of The Branch, to carry on the work for the ensuing year. Candidates must receive not less than 51% of the votes of the members present and voting. The elected Branch Committee can co-opt not more than three members onto the committee until the next Annual General Meeting. All Committee members must be Society members for a minimum of three months on appointment. The Committee members are trustees of the branch and are briefed on their responsibilities as trustees prior to their acceptance of the role. The trustees hold monthly meetings at which decisions are made. In the event that the number of local trustees falls below five at any time, the branch is placed into temporary administration by the National Society. The National Society will then appoint temporary trustees until such a time as the Branch can be returned to local control.
## **RISK MANAGEMENT**
The Branch has carried out a risk assessment and identified the following risks:
- Loss of income or reputation through error or fraud.
- Loss of income through external forces.
- Insufficient trustees to continue.
- Insufficient volunteers to rehabilitate animals and fundraise.
- Risk of claims against volunteers and staff.
- Risk of claims by volunteers, staff or the public.
- Adverse publicity.
- Risk of inadvertent non-compliance with complex legislation such as GDPR.
- Insufficient suitable homes for the animals rescued and rehabilitated, particularly the elderly and abused.
- Health and safety of staff and volunteers working with the most abused and neglected animals in the most difficult areas of animal welfare.
- Insufficient resources to help all the animals that need us. The reality of animal rescues is that all our resources and those of other charities are always overwhelmed with any more animals needing our help than can be accommodated.
- Health and safety of staff with regards to injury from animals, risk of zoonoses.
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The trustees actively review the risks which the charity faces on a regular basis, covering operational and financial aspects, and put systems in place to mitigate these risks. The Branch adheres to RSPCA policies and guidelines and health and safety law and best practice. A health and safety contract is held with independent experts Acton Jennings LLP who conduct an annual health and safety audit and provide ongoing advice and insurance cover. The Branch holds a contract with Acton Jennings LLP who provide HR services and advice.
## **STRATEGIC AIMS AND OBJECTIVES, PUBLIC BENEFIT STATEMENT AND PRINCIPAL ACTIVITIES**
The object of the charity is to promote kindness and good care and prevent or suppress cruelty to animals by all lawful means with particular reference to the area of The Branch, in accordance with the policies of the Society. Our Branch key strategic aims are:
1. Welfare Aim: Rescue, rehabilitation and rehoming of the most at risk, abused and neglected animals, prioritising those animals collected by our Inspectorate.
## 2. Prevention Aim:
a. By implementing local community neutering schemes, aimed at pet owners on low and no incomes, to help prevent suffering and cruelty by reducing the overpopulation of unwanted pet animals.
b. By using the animal centre and outreach programmes in the community, to help address the link between social deprivation specific to the district and poor animal welfare decisions by offering educational opportunities to young people and adults on how to make better animal welfare choices.
3. Advocacy Aim: Encourage legislation and policies at local level to protect and enhance animal welfare
4. Organisational Aim: Run a financially sustainable, digitally enabled Branch with the right systems, processes and governance systems in place.
5. Income Generation Aim: Diversify our income streams and attract new supporters.
6. People Aim: Ensure we have a motivated workforce with the right skills operating in a safe, progressive, open, and empowering culture.
Page 4
Our key activities in line with our strategic aims are:
## Welfare Aim
To run The Branch Animal Centre with maximum rehabilitation and rehoming capability. The work benefits our local community, including local authorities, as it reduces the incidence of abandonment and cruelty and the public knows that we assist animals in need. Whilst we are primarily an animal charity, the service we offer pet owners who cannot assist their pets themselves in times of crisis can relieve much distress for the owner as well as the pet. Working with the National Society and RSPCA SE Regional Board, there is the option to provide veterinary welfare assistance for those on low income, and who meet the eligibility criteria. This work benefits pet owners who cannot assist their pets themselves, and who are distressed to witness their pet suffering.
## Prevention Aim
One of the Branch’s key objectives for the future is to continue with subsidised neutering schemes for those on low incomes as we recognise that reducing the number of litters of unwanted pets born into an uncertain future is a key way to achieve our prevention aim. We aim to introduce educational opportunities at the animal centre, to teach children and pet owners correct, compassionate animal care, particularly for rabbits, one of the most misunderstood and poorly cared for pets.
## Advocacy Aim
We support National Society campaigns via shops and social media, including petitions, posters, email campaigns, and key messages.
## Organisational Aim
We aim for best practice in our governance by being compliant with all relevant legislation, including GDPR and Health and Safety. We aim to maintain strong financial controls and protect and maximise the use of all our assets.
## Page 5
## Income Generation Aim
We aim to maximise our charity shop income through our four shops but also to diversify our income streams by increasing our fundraising capability through events, grant applications, and ethical investment opportunities.
Our charity shops provide a valuable source of low cost good quality recycled goods, to the benefit of the public and the environment.
Our programme of fundraising events in 2024 included quizzes, dog shows, a Christmas event, and various Pets At Home collections. The trustees and Branch Manager intend to continue to prioritise fundraising efforts during 2025 and beyond.
## People Aim
We aim to offer our staff a safe, healthy environment in which to maximise their potential, with clear whistleblowing and safeguarding policies in place. We aim to further develop our volunteer strategy to maximise recruitment and retention. We provide many volunteering opportunities for those who wish to support our work, including fostering, fundraising, retail opportunities, and animal care. This benefits local people and companies by providing the possibility of doing work which is both compassionate and rewarding, and offers experience which may assist participants in finding paid work.
The trustees have reviewed the outcomes and achievements of our objectives and activities for the year to ensure they remain focused on our charitable aims and continue to deliver benefits to the public. We have complied with this duty under the Charities Act 2006 to have due regard to public benefit guidance published by the Commission.
Our current short, medium and long term aims and objectives can be summarised as follows:
## **Short term**
- To complete the Branch five year strategy and business plan and set income generation objectives for the Branch Manager, whilst maintaining focus on improvements in animal welfare activities.
- To open a fifth charity shop in 2025 to stabilise branch income for the future.
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- To continue to increase our visibility in the local community through 2025 and beyond by offering further fundraising events to engage the local community.
- To continue to strengthen relationships with local private veterinary surgeons in order to ensure that the Animal Centre has supportive and cost effective veterinary provision.
- To collaborate with RSPCA SE Regional Board and other charities to offer members of the public on low incomes a subsidised neutering scheme for companion animals, to replace the service the mobile neutering clinic used to offer.
- Following our successful bid for a grant of £19,000, to build a custom designed indoor dog facility for enrichment, assessment, training and to create a space for dogs to meet their potential owners or fosterers in an environment that more closely resembles a home environment. Improving dogs chances of being rehomed, enriching their lives whilst with the branch and improving our rehoming rate.
## **Medium term**
- To reduce our reliance on charity shop income by expanding the type and extent of fundraising initiatives we engage in and developing a supporter journey package from childhood.
- To maintain The Branch in local control, by continuing to recruit local trustees and to hold a successful AGM. This will ensure that the needs of the local community are prioritised.
- To be in a position to consider reinstating offering support to wildlife.
- To address The Branch’s deficit budget to ensure the reserves remain in line with its reserves policy.
- To consider further ways of utilising the land around the animal centre for improvements in animal welfare, both for domestic pets, rescued farm animals, and wildlife.
## **Long term**
- To further develop our engagement with the community to ensure adequate homes for our animals, volunteers for our shops, fundraising and animal centres and support for our events.
- To ensure that the Branch is suitably equipped and ready to deal with the animal welfare needs of the Thanet District, in line with Branch policies and the guidelines recommended by the national RSPCA.
Page 7
## **REVIEW OF ACTIVITIES AND ACHIEVEMENTS**
## **Animal welfare results**
During the year the animal centre rehomed 127 cats (2023: 134), 10 dogs (2023: 9) and 18 small animals (2023: 25). We admitted 13 wild animals (2023: 13). The Branch continues to direct its focus towards the most abused, neglected, injured and at risk domestic animals and there are financial implications to that decision on cost per animal rescued. It is the most difficult end of animal welfare in which to operate but is where we believe our limited resources deliver the biggest reduction in suffering. Pressure on our resources remains extreme, so we continue to seek ways to increase the rate of rehabilitation and rehoming of our animals to generate the maximum number of places of safety for animals desperately in need.
## **Financial results and review**
The charity’s funds are collected from membership subscriptions, shop sales, rehoming, donations, legacies, collection boxes, special fund-raising events and grants. Total income for the year was £474,341 (2023: £432,466) and total expenditure £452,860 (2023: £489,158) before unrealised investment gains/losses. The net income for the year after investment gains of £2,779 (2023: gains of £2,148) was £24,260 (gain) (2023: £54,544 (loss)).
The current board of trustees recognised that historical deficits of approximately £50,000 annually could not continue, and on appointment in October 2023, as soon as access was granted to records, undertook a thorough financial review in order to implement a financial strategy to tackle the deficit. This work continued throughout 2024 reviewing spending and renegotiating service contracts which allowed the branch to make significant savings without compromising animal welfare.
The four charity shops continue to provide the main source of operational income for The Branch and animal centre. In 2024, net gains from the retail operation were £154,275 (2023: £130,346). The true benefit of the Margate shop can be seen in the 2024 figures. Our thanks go to all our shop managers and volunteers for their hard work. As part of the 5 year Branch strategy, the board of trustees are currently working on a plan to open a further charity shop to supplement the branch income to help mitigate increasing costs and create a more financially sustainable business model. The benefit of the fifth shop will be seen in 2026 once set up costs have been recouped.
Page 8
Fundraising events generated income of £13,525 (2023: £1,706). We thank our staff and volunteers for the extra mile they go to make these events so successful and enjoyable. We aspire to build on this fundraising income in 2025 and have set targets to achieve figures closer to that seen in 2019 (£14,662).
We would like to thank all of the people and local businesses who contribute to the success of the Branch and who support us with volunteer time, fundraising activities, financial discounts or advertising. There are too many to name individually but they include veterinary surgeries, branch members, staff, volunteers, and local media.
Lastly we would like to thank the public for their ongoing support of the Branch, shops and animal centre – we could not succeed without it.
## **RESERVES POLICY**
The branch holds reserves to cover its operational costs and to develop the RSPCA Kent - Isle of Thanet Animal Centre. At 31 December 2024 unrestricted reserves were £165,980 (2023: £129,267) and restricted reserves were £640,811 (2023: £653,264). Our target is to hold sufficient cash/near cash reserves to maintain the day to day operations of the branch for a period of six months. Total branch expenditure for 2024 was £452,860; this therefore equates to a target of £226,430 to be held as cash/near cash reserves.
The branch is not currently holding reserves in line with its reserves policy.
2024 has been a year of reviewing and consolidating operations. Significant cost savings have been made without compromising animal welfare by reviewing spending and renegotiating all service contracts. We have spent money on outstanding repair work and actioning H&S items for the safety of our staff and the public.
In early 2023, previous trustees in breach of planning regulations entered into a private rental agreement for the onsite bungalow, the purpose of the bungalow was specifically designated to house senior animal welfare staff. Guidance was sought from Local Planning Authorities and it was established that this lease contravened planning permissions, and an order was made by Thanet District Council for the private habitation of the bungalow to cease, or for The Branch to face serious and costly legal proceedings. This was self-reported to the Charity Commission as a ‘serious incident’ and guidance was requested and taken on how best to proceed in a manner that maintained compliance with charity law and best practice as trustees. A lengthy period of negotiation with the tenants ensued, supported by the legal guidance of a trustee who is a legal
Page 9
professional, and The Branch reached a final settlement of £16,000 in February 2025. The costs of non- compliance with TDC would have far exceeded this amount, and The Branch was able to save considerable legal costs by utilising the legal expertise and guidance of one of the trustees, free of charge.
The reinstatement of a Branch Manager with operational oversight and a focus on strategy implementation and income generation has already led to several grants being awarded to the branch in 2025 (over £22,000 so far). A review of staffing has taken place to ensure both the shops and animal centre are appropriately staffed for optimum efficiency. In March 2025 the board of trustees started work on a five year strategy for the branch which will focus on the branch long term future and sustainability. The 2025 budget predicts a shortfall, meaning it will be a financially challenging year. However, the board is confident that with the completed 5 year strategy and resultant actions, the grants awarded, the income generation objectives of the Branch Manager, various fundraising initiatives, and the efforts of all of the staff and volunteers, the financial challenges will be mitigated going forward, allowing the branch to continue to provide an exceptional animal welfare service to the Isle of Thanet district for many years to come.
## **INVESTMENT POLICY**
The trustees have wide powers of investment, governed and restricted by the Royal Society for the Prevention of Cruelty to Animals Investment Act 1958. The Branch holds long-term investments in holdings in JP Morgan equities funds, the income from which is used to further the work of the branch. At 31 December 2023 these investments had a market value of £50,486 (2023: £47,707). Our investment strategy is low risk.
## **FUTURE DEVELOPMENTS**
As part of the 5 year Branch strategy, the board of trustees are currently working on a plan to open a further charity shop to supplement the branch income to help mitigate increasing costs and create a more financially sustainable business model. The benefit of the fifth shop will be seen in 2026 once set up costs have been recouped.
The Branch intends to hold an AGM in June 2026 and to maintain the Branch in local control.
## Page 10
## **STATEMENT OF TRUSTEES’ RESPONSIBILITIES**
Charity law requires the trustees of the charity to provide financial statements each financial year which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources for that period. In preparing those financial statements, the trustees are required to:
- Select suitable accounting policies and then apply them consistently.
- Make judgments and estimates that are reasonable and prudent.
- State whether applicable accounting standards and statements of recommended practice have been followed, subject to any 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 charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and which enables them to ensure that the financial statements comply with The Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed: Date: 24 June 2025
C Martin (Chair)
**INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF**
Page 11
## **THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS KENT ISLE OF THANET BRANCH**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2024 which are set out on pages 12 to 22.
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's accounts as carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the Directions given by the Charity Commission under section 145(5) (b) of the Act.
## **Independent examiner's statement**
The Charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a member of the Association of Chartered Certified Accountants.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that in, any material respect:
- 1 accounting records were not kept in accordance with section 130 of the Charities Act ; or
- 2 the accounts do not accord with the accounting records; or
- 3 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirements that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
**S J Wren FCCA Accountancy Matters (Kent) Limited Chartered Certified Accountants The Marlowe Innovation Centre Marlowe Way Ramsgate Kent CT12 6FA**
Date : 24 June 2025
**RSPCA KENT ISLE OF THANET BRANCH**
Page 12
**STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024**
|**Notes**
**Unrestricted**
**funds**
**£**
**INCOME**
**Income from charitable activities**
2(a)
51,870
**Donations, grants and legacies**
2(b)
51,815
**Income from other trading activities**
2(c)
366,956
**Investment income**
2(d)
1,233
**TOTAL INCOME**
471,874
**EXPENDITURE**
Costs of raising funds
3(a)
205,941
Expenditure on charitable activities
3(b)
231,687
**TOTAL EXPENDITURE**
437,628
**NET INCOME/(EXPENDITURE)**
34,246
**OTHER RECOGNISED GAINS/LOSSES:**
Gains/(losses) on revaluation
of investments
7
-
34,246
Transfers between funds
11
2,467
**NET MOVEMENT IN FUNDS**
36,713
Balance as at 1 January 2024
129,267
**BALANCE AT 31 DECEMBER 2024**
165,980|**Restricted**
**funds**
**£**
-
-
-
2,467
2,467
-
15,232
15,232
(12,765)
2,779
(9,986)
(2,467)
(12,453)
653,264
640,811|**Total**
**Total**
**funds**
**funds**
**2024**
**2023**
**£**
**£**
51,870
23,847
51,815
67,775
-
366,956
338,488
3,700
2,356
474,341
432,466
205,941
204,406
246,919
284,752
452,860
489,158
21,481
(56,692)
2,779
2,148
24,260
(54,544)
-
-
24,260
(54,544)
782,531
837,075
806,791
782,531|
|---|---|---|
**RSPCA KENT ISLE OF THANET BRANCH**
Page 13
## **BALANCE SHEET AS AT 31 DECEMBER 2024**
|**Notes**
**FIXED ASSETS**
Tangible assets
6
Investments
7
**CURRENT ASSETS**
Debtors
8
Cash at bank and in hand
**CURRENT LIABILITIES**
Creditors: amounts falling due within one
year
9
**NET ASSETS**
10
Represented by:
**FUNDS OF THE CHARITY**
**Restricted funds**
11
**Unrestricted funds :**
Designated funds
11
General funds
11
**TOTAL CHARITY FUNDS**|28,156
178,100
206,256
(23,754)|**2024**
**£**
573,803
50,486
624,289
46,647
273,951
320,598
(186,673)
182,502
806,791
640,811
-
165,980
806,791|**2023**
**£**
600,899
47,707|
|---|---|---|---|
||||648,606
133,925|
||||782,531|
||||653,264
-
129,267|
||||782,531|
These accounts were approved and signed for issue by the trustees on 24 June 2025.
C Martin - Chair E Fernando - Treasurer
**RSPCA KENT ISLE OF THANET BRANCH**
Page 14
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **1 ACCOUNTING POLICIES**
The financial statements have been prepared in accordance with the requirements of the Charities Act 2011 and applicable accounting standards and follow the recommendations in the Accounting and Reporting by Charities : Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)).
RSPCA Kent Isle of Thanet Branch meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
The principal accounting policies adopted are as follows:
## a) **Preparation of the accounts on a going concern basis**
The accounts have been prepared on a going concern basis as charity has sufficient liquid reserves to fund its charitable activities for at least twelve months from the date these accounts are formally approved.
## b) **Income**
All income is included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy and its receipt is probable.
The following specific policies are adopted and applied to particular categories of income :
Charity shop sales are recognised as income when the donated goods are sold as it is considered impractical to measure the fair value of goods donated for resale.
Legacies are recognised on the earlier of receipt of the legacy or where the receipt is probable.
Voluntary income by way of grants and donations is included in the statement of financial activities when receivable.
## c) **Expenditure**
All expenditure is accounted for on an accruals basis and excludes VAT where applicable. Where such costs relate to more than one functional cost category they have been split on an estimate of time spent. Resources expended are shown as :
Charitable expenditure - comprises those costs incurred by the charity in the delivery of its activities and services for beneficiaries. It includes both those costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them, including governance costs (costs associated with meeting the constitutional and statutory requirements of the charity and includes the Independent Examiners fee). Support costs are allocated individually based on their estimated relative benefit to charitable activities and raising funds.
## d) **Tangible fixed assets**
Tangible fixed assets costing more than £250 are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows :
Animal Centre building 2% straight line Fixtures, fittings & equipment 20% straight line Motor vehicles 20% straight line Leasehold improvements Straight line over the period to the first break clause
**RSPCA KENT ISLE OF THANET BRANCH**
Page 15
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **1 ACCOUNTING POLICIES - Cont'd**
## **e) Investments**
Investments are initially recognised at cost. Subsequently investments whose value can be measured reliably are measured at fair value. Gains and losses arising from changes in the fair value of investments are included in the Statement of Financial Activities in the period in which they arise.
## f) **Fund accounting**
Unrestricted funds are donations and other income receivable without further specified purpose and are available as general funds.
Designated funds are unrestricted funds earmarked by the trustees for a particular purpose.
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets this criteria is charged to the fund.
## g) **Pensions**
The charity operates a defined contribution pension scheme. Contributions payable are charged as an expenses in the statement of financial activities.
## h) **Operating leases**
Rentals payable under operating leases are charged to the statement of financial activities on a straight line basis over the period of the lease.
## i) **Significant judgements and estimates**
No significant judgements have had to be made by the Trustees in preparing these financial statements
**RSPCA KENT ISLE OF THANET BRANCH**
Page 16
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
|**2**
**INCOME**
**Unrestricted**
**funds**
**£**
**a)**
**Income from charitable activities**
Pet insurance
30
Services provided
51,840
51,870
**b)**
**Donations, grants and legacies**
Legacies
10,250
Donations and subscriptions
9,749
RSPCA - SERB
10,000
RSPCA HQ Grant
-
Grants : Door to Door
21,816
51,815
**c)**
**Income from other trading activities**
Charity shop sales
334,295
Sale of goods at the animal centre
3,489
Fundraising
13,525
Rental income
15,647
366,956
**d)**
**Investment Income**
Bank interest
1,233
Investment Income
-
1,233|**Restricted**
**funds**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
~~.~~
-
-
2,467
2,467|**2024**
**Total**
**funds**
**£**
30
51,840
51,870
10,250
9,749
10,000
-
21,816
51,815
334,295
3,489
13,525
15,647
366,956
1,233
2,467
3,700|**2023**
**Total**
**funds**
**£**
310
23,537|
|---|---|---|---|
||||23,847|
||||2,000
13,791
10,000
19,000
22,984|
||||67,775|
||||316,193
6,446
1,706
14,143|
||||338,488|
||||585
1,771|
||||2,356|
**RSPCA KENT ISLE OF THANET BRANCH**
Page 17
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **3 EXPENDITURE**
|**EXPENDITURE**
**Unrestricted**
**funds**
**£**
**a)**
**Costs of raising funds**
Shop operating costs
180,020
Fundraising expenses
282
Rental property fees
1,552
Wages and salaries
7,179
Support costs (see below)
16,908
205,941
**b) Expenditure on charitable activities**
Animal centre costs :
Wages and salaries
124,234
Staff expenses & training
342
Rates and utilities
1,984
Light and heat
3,718
Telephone
1,974
Veterinary costs
38,111
Food, litter and bedding
22,321
Cleaning and refuse
7,571
Repairs and maintenance
8,939
Other expenses
-
Depreciation - Animal Centre
-
Motor expenses
2,515
Support costs (see below)
16,908
Governance costs
Wages and salaries
1,570
Legal and professional fees
-
Independent Examiner's fee
1,500
231,687
437,628
**Allocation of support costs**
**Raising**
**Funds**
Administration salaries
1,436
Legal and professional fees
6,515
Bank and credit card charges
719
Insurance
1,068
Web/internet
561
Printing, postage and stationery
413
Depreciation - Fixtures, fittings & equip
5,354
Depreciation - Motor vehicle
710
Loss on disposal of fixed assets
132
Irrecoverable VAT
-
16,908|**Restricted**
**funds**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
15,232
-
-
-
-
-
15,232
15,232
**Charitable**
**Activities**
1,436
6,515
719
1,067
561
413
5,355
710
132
-
16,908|**2024**
**Total**
**funds**
**£**
180,020
282
1,552
7,179
16,908
205,941
124,234
342
1,984
3,718
1,974
38,111
22,321
7,571
8,939
-
15,232
2,515
16,908
1,570
-
1,500
246,919
452,860
**2024**
**Total**
**funds**
2,872
13,030
1,438
2,135
1,122
826
10,709
1,420
264
-
33,816|**2023**
**Total**
**funds**
**£**
185,847
192
2,168
-
16,199|
|---|---|---|---|
||||204,406
110,613
1,036
1,635
25,524
2,576
56,089
30,883
6,179
4,129
48
15,232
1,609
16,200
-
11,499
1,500|
||||284,752|
||||489,158|
||||**2023**
**Total**
**funds**
-
13,930
1,090
1,314
167
713
13,098
1,420
-
667|
||||32,399|
**RSPCA KENT ISLE OF THANET BRANCH**
Page 18
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
|**4**
**NET INCOME**
**2024**
**£**
This is stated after charging:
Operating lease rentals
44,490
Depreciation
27,361
Independent Examiner's remuneration :
-
Independent Examiners' fee
1,500
**5**
**INFORMATION REGARDING EMPLOYEES**
**2024**
**£**
Wages and salaries
227,115
Redundancy
-
Social security costs
13,613
Employer pension contributions
3,129
Employment Allowance
(5,000)
238,857
The average number of employees based on full time equivalents analysed by function was:
**2024**
**Number**
Shops
6
Animal Centre
6
Management and administration
-
12|**2023**
**£**
40,467
29,750
1,500|
|---|---|
||**2023**
**£**
196,685
-
10,674
2,661
(5,000)|
||205,020|
||**2023**
**Number**
5
6
-|
||11|
The average monthly head count was 16 staff (2023 - 15 staff).
No employee had emoluments in excess of £60,000 (2023 - Nil).
No trustees received remuneration or were reimbursed expenses from the charity during the year (2023 - £Nil).
The total employee benefits (including employers national insurance) of the key management personnel of the charity were £38,043 (2023- £22,777).
**RSPCA KENT ISLE OF THANET BRANCH**
Page 19
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
|**6**
**FIXED ASSETS**
**Cost**
As at 1 January 2024
Additions
Disposals
As at 31 December 2024
**Depreciation**
As at 1 January 2024
Disposals
Charge for the year
As at 31 December 2024
**Net book value**
As at 31 December 2024
As at 31 December 2023
**7**
**INVESTMENTS**
**Cost or valuation**
At 1 January 2024
Transfers
Revaluation to fair value
At 31 December 2024
All investments are held in the UK.
**8**
**DEBTORS**
VAT
Other debtors
Prepayments
Accrued income|**Animal**
**Leasehold**
**Centre**
**improvements**
**£**
**£**
841,597
9,293
-
-
-
-
841,597
9,293
259,121
9,293
-
-
15,232
274,353
9,293
567,244
-
582,476
-
**UK Equity**
**funds**
**£**
47,707
-
2,779
50,486|**£**
97,860
529
(440)
97,949
80,857
(176)
10,709
91,390
6,559
17,003
**Fixtures,**
**equipment**
**fittings &**|**Motor**
**vehicles**
**£**
7,100
-
-
7,100
5,680
-
1,420
7,100
-
1,420
**2024**
**Total**
**£**
47,707
-
2,779
50,486
**2024**
**£**
4,019
14,282
8,042
1,813
28,156|**Total**
**£**
955,850
529
(440)|
|---|---|---|---|---|
|||||955,939|
|||||354,951
(176)
27,361|
|||||382,136|
|||||573,803|
|||||600,899|
|||||**2023**
**Total**
**£**
45,559
-
2,148|
|||||47,707|
|||||**2023**
**£**
5,411
34,322
6,914
-|
|||||46,647|
**RSPCA KENT ISLE OF THANET BRANCH**
Page 20
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
|**9**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Taxation and social security
Other creditors
Accruals
**10 ANALYSIS OF NET ASSETS BETWEEN FUND**
**General Designated**
**funds**
**funds**
**£**
**£**
Tangible fixed assets
6,559
-
Investments
-
-
Current assets
183,175
-
Current liabilities
(23,754)
-
**Net assets as at 31 December 2024**
165,980
-
**ANALYSIS OF NET ASSETS BETWEEN FUND - PREVIOUS YEAR**
**General Designated**
**funds**
**funds**
**£**
**£**
Tangible fixed assets
18,423
-
Investments
-
-
Current assets
297,517
-
Current liabilities
(186,673)
-
**Net assets as at 31 December 2023**
129,267
-
**11 MOVEMENT IN FUNDS**
**As at**
**Incoming**
**Outgoing**
**1 01 2024**
**resources**
**resources/**
**Inv. gain**
**£**
**£**
**£**
Restricted funds
EKAC
630,183
2,467
(12,453)
Rabbit Village
4,081
-
-
Dog Facility
19,000
-
-
Total restricted funds
653,264
2,467
(12,453)
Designated funds
-
-
-
Total designated funds
-
-
-
Unrestricted general funds
129,267
471,874
(437,628)
Total funds
782,531
474,341
(450,081)|**2024**
**£**
16,183
-
1,091
6,480
23,754
**Restricted**
**funds**
**£**
567,244
50,486
23,081
640,811
**Restricted**
**funds**
**£**
582,476
47,707
23,081
-
653,264
**Transfers**
**£**
(2,467)
-
-
(2,467)
-
-
2,467
-|**2023**
**£**
179,582
-
812
6,279|
|---|---|---|
|||186,673|
|||**Total**
**£**
573,803
50,486
206,256
(23,754)|
|||806,791|
|||**Total**
**£**
600,899
47,707
320,598
(186,673)|
|||782,531|
|||**As at**
**31 12 2024**
**£**
617,730
4,081
19,000|
|||640,811
-|
|||-
165,980|
|||806,791|
**RSPCA KENT ISLE OF THANET BRANCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
Page 21
## **11 MOVEMENT IN FUNDS - Cont'd**
## **RESTRICTED FUNDS**
## **East Kent Animal Centre (EKAC)**
This fund originally arose from an appeal to fund the building of the East Kent Animal Centre, but now it is complete unrestricted funds are transferred to cover the shortfall of restricted income. The fund is represented by the book value of the Animal Centre and the carrying value of the investments.
## **Rabbit Village**
Funding received from the Regional Board (in a previous year) to fund the construction of the Rabbit Village. The remaining unspent funds have been carried forward to the following year.
## **Dog Facility**
The branch received a grant of £19,000 in the previous year from the Friends of South Godstone which is restricted to build a dog facility. This facility will provide a designated indoor space for enrichment, assessment and training. It will provide a space outside the kennel environment for the dogs to relax and to meet prospective owners and fosterers in a setting more closely resembling a home. This will enrich the dogs lives whilst at the branch, enhance their chances of being rehomed and improve our rehoming rate. The Dog Facility project was put on hold for 2024 and no activity undertaken. The Dog Facility project will go ahead in 2025 and as such a cabin has now been purchased and quotes are currently being sought for groundworks.
## **MOVEMENT IN FUNDS - PREVIOUS YEAR**
|Restricted funds
EKAC
Rabbit Village
Dog Facility
Total restricted funds
Designated funds
Total designated funds
Unrestricted general funds
Total funds|**As at**
**1 01 2023**
**£**
643,267
4,081
-
647,348
-
-
189,727
837,075|**Incoming**
**resources**
**£**
1,771
-
19,000
20,771
-
-
411,695
432,466|**Outgoing**
**resources/**
**Inv. loss**
**£**
(13,084)
-
-
(13,084)
-
-
(473,926)
(487,010)|**Transfers**
**As at**
**31 12 2023**
**£**
**£**
(1,771)
630,183
-
4,081
-
19,000
(1,771)
653,264
-
-
-
-
1,771
129,267
-
782,531|
|---|---|---|---|---|
## **RESTRICTED FUNDS - PREVIOUS YEAR**
## **East Kent Animal Centre (EKAC)**
This fund originally arose from an appeal to fund the building and running of the East Kent Animal Centre, but now it is complete unrestricted funds are transferred to cover the shortfall of restricted income. The fund is represented by the book value of the Animal Centre and the carrying value of the investments.
**RSPCA KENT ISLE OF THANET BRANCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
Page 22
## **11 RESTRICTED FUNDS - PREVIOUS YEAR - Cont'd**
## **Rabbit Village**
Funding received from the Regional Board (in a previous year) to fund the construction of the Rabbit Village. During the year, CCTV has been installed to cover the Rabbit Village. The transfer represents the amount spent which has been included in Fixed Assets. The remaining unspent funds have been carried forward to the following year.
## **Dog Facility**
The branch has received a grant of £19,000 from the Friends of South Godstone which is restricted to build a dog facility. This facility will provide a designated indoor space for enrichment, assessment and training. It will provide a space outside the kennel environment for the dogs to relax and to meet prospective owners and fosterers in a setting more closely resembling a home. This will enrich the dogs lives whilst at the branch, enhance their chances of being rehomed and improve our rehoming rate. The grant was received in December 2023 and therefore as at 31 December 2023 the funds are carried forward to be spent in 2024.
## **12 FINANCIAL COMMITMENTS**
At 31 December 2024 the charity had future minimum lease payments under non-cancellable operating leases as follows:
||**2024**|**2023**|
|---|---|---|
||**£**|**£**|
|within one year|33,925|33,550|
|within two to five years|59,579|89,692|
|after five years|-|4,000|
## **13 TAXATION**
The Branch is a registered charity and accordingly is exempt from taxation on income and gains where they are applied for charitable purposes.
## **14 RELATED PARTY TRANSACTIONS**
During the year the Charity received £21,816 (2023 - £22,984) in a share of Door to Door fundraising income from the National Society.
There were no other transactions with related parties during the year under review that need to be disclosed.