2020-12-31-accounts - RSPCA Leicestershire, Peterborough and Rutland Branch

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		Page
Report ofthe Trustees	I	to	4
Trustees' Responsibility Statement
Report ofthe Independent Auditors	6	to	7
Slalemenl ot Financial Activities
Balance Sheet
Cash Flow Statement
Notes lo the Cash Flow Statement
Notes lo Ihe Financial Statements	12	to	21
Detailed Statement ofFinancial AcRvlties	22	to	24

Target	free reserves	I,180,528
Actual	free reserves	1,798,424
Excess	against target	617,896

REFERENCE AND ADMINISTRATIVE	REFERENCE AND ADMINISTRATIVE	REFERENCE AND ADMINISTRATIVE	REFERENCE AND ADMINISTRATIVE	DETAILS	DETAILS
Registered Charily	number
222621
Principal address
Woodside Animal Centre
190Scuda more Road
Leicester
LE3 IUQ
President / Vice Presidents
Mr J Borrajo						President
Ms E Allison						Vice President
Mr 5SeTars						Vice President
Trustees
Mr C Acton						Honarary	Chair
Mr 5Kinchington						Honarary	Treasurer
Miss RLane						Honorary	Secretary
Mrs S Dewick						Committee		Member
Mr D Monish						Committee		Member
Ms 5Stephens						Committee		Member			(deceased 1.5.20)
Mr J Kennington						Committee		Member			(deceased 2.8.20)
Ms SJones						Committee		Member
MsSShepard						Committee		Member			(resigned	25.2.20)
Ms F Clark						Committee		Member			(appointed	1.5.20)
Ms J FaTon						Committee		Member			(appointed	1.11.20)
Ms H Wessier						Committee		member			(appointed	1.6.20,resigned	1.7.20)
Audffors
Fortus Audit LLP
Chartered Accountants		and Statutory		Auditor
31 High View Close
Hamilton Office Park
Leicester
LE491J
Solicitors
Messrs Bray 3, Bray
36-42 Humberstone	Road
Leicester
LE50AE
Bankers
Barclays Bank pic,	Haymarket		Towers,	Humberstone		Gate, Leicester,			LEI	I	WA
Lloyds Bank pic, 7 High Street,			Leicester,		LEI 9FS
CAF Bank, 25 Kings	Hill Avenue,		Kings	Hill,	West MaTing, Kent, ME19 4JQ

							2020	2019
					Unrestricted	Restricted	Total	Total
					fund	fund	funds	funds
				Notes	8	8	8	8
INCOME AND	ENDOWMENTS		FROM
Donations ond legacies				2	913,354	669,159	1.582,513	736,267
Charitable aclivfiles
Operohon or	animal	centre			171,419		171,419	204.610
Other trading	activities				236,991		236.991	512,673
Investment income					21,043	45	21.088	27,547
Total					1,342,807	669,204	2,012,011	1,481,097
EXPENDITURE	ON
Raising funds					270,605		270,605	381,430
Charitable acfivlRes
Animal centre cosh					860,654		860,654	903,636
Governance	costs				49,269		49,269	39.137
Total					1,180,528		1.180.528	1,324.203
Net gains on	investments				37,989		37,989	89.498
NET INCOME					200.268	669,204	869,472	246.392
RECONCILIATION OF FUNDS
Total funds brought		forward			3,208,631	728,447	3,937,078	3.690,686
TO'TAL FUNDS	CARRIED FORWARD				3,408,899	1,397,651	4,806,550	3,937,078

		2020	2019
	Notes	E	E
FIXED ASSETS
Tangible assets	14	1,610,475	1,641,692
Investments	15	867,682	812,439
		2,478,157	2,454,131
CURRENT ASSETS
Stocks	16	17,832	15,478
Debtors	17	1,599,369	843,540
Cash at bank		755,315	699,893
		2.372,516	1,558,911
CREDITORS
Amounts falling due within one year	18	l44,123l	l75,964)
NET CURRENT ASSETS		2,328,393	I 482,947
TOTAL ASSETS LESSCURRENT LIABILITIES		4,806,550	3.937,078
NET ASSETS		4,806,550	3,937,078
FUNDS	21
Unrestdicted funds:
General fund		3,408,899	3,208,631
Restricted funds:
Care 4 Paws		1,397,651	728,447
TOTAL FUNDS		4,806,550	3,937,078

				2020	2019
			Notes
Cash Rows from operating acHvlfies Cash generated from operafions Interest paid				141,596 ~I	276,702
Net cash provided by operating activiTies				141,595	276,702
Cash Rows from Investing	activities
Purchase oftangible fixed	assets			)60,380)	i76,072)
Purchase offixed asset investments				(139,504)	)156,319)
Sale oftangible fixed assets Sale offixed asset investments				16,644 113,969	138.888
Interest received				125	112
Dividends received				20,963	25,935
Net cash used in investing	acfivities			$48,183)	67.456
Cash flows from financing	activities
Unrealised gain on investing acfivities				37,990	89.498
Net cash used in financing	activiTies			@37,990)	89.498
Change in cash and cash	equivalents	in Ihe
reporting period				55,422	119,748
Cash and cash equivalents	atthe beginning
ofthe reporfing period				699,893	580,145
Cash and cash equivalents	atthe end	of the
reporting period				755,315	699.893

RECONCILIATION O	F NET INC	OME TO NET CASH FLOW FRO	M OPERATING ACTIVI	TIES
				2020	2019
					5
Net income for the Activities)	reporting	period (as per the Statement	of Financial	869.472	246,392
Adjostments lor:
Deprecio Tron charges				7A953	71,484
Losses on investments				8,282	10,504
Interest received				(125)	(112)
Interest paid				I
Dividends received				(20.963)	(25,935i
(Increase)/decrease	in stocks			(2.354)	2,584
(Increase]/decrease	in debtors			(755,829)	1,179
Decrease in creditors				~31,841	~29,394
Net cash provided	by operations			141,596	276,702

1.1.20	Cash flow	At 31.12.20
S		F.
699.893	55,422	755.315
699,893	55,422	755.315
699,893	55,422	755.315

			2020	2019
				5
Donations			34,670	26,544
Iegacies			1,308,644	589,465
Grants			119,811
Subscriptions,	collections and	appeals	119,388	120,258
			1,582,513	736,267

Grants received, included in the above, are as follows:
	2020	2019
	5	5
Business rates grants	50,504
Job Retention Scheme Grants	69,307
	119,811

OTHER TRADING ACTIVITIES	OTHER TRADING ACTIVITIES
				2020	2019
				9,
Fundraising events				15,814	78,604
Shop income				144,117	279,465
Kennel shop sales				77,060	154,604
				236,991	512,673
INVESTMENT INCOME
				2020	2019
				5
Rents received					1,500
Dividends received				20,963	25,935
Deposit account interest				125	112
				21,088	27547
INCOME FROM CHARI'TABLE		ACTIVITIES
				2020	2019
		Activity			E
Animal sales and claims		Operation	ofanimal centre	54,615	66,971
Boarding fees and	sunddes	Operation	ofanimal centre	91,419	87,896
National neutering	scheme	Operation	ofanimal centre		18.634
Pet insurance commission		Operation	ofanimal centre	18,919	17,651
Sale ofdrugs and medicines		Operation	ofanimal centre	6,466	13.458
				171,419	204.610

Raising donations an	d legacies
		2020	2019
		8	5
Staff costs		114,342	118,375
Rates and water		340	1,354
Insurance		1,785	1,486
Light and heat		4,358	5,476
Telephone		1,116	1,256
Postage and stationery		2,625	268
Sundries		3,950	9,383
Shop management	fees	2,864	11.250
Purchase ofgoods for resale		47.222	100.265
Fundraising events		5,173	36,878
Shops' travelling expenses		410	994
Shop rents		54,290	59,262
Shops' repairs and maintenance			6,769
Shops' bank charges		3,071	3,816
Shops' cleaning costs		6.849	9,964
Fundraising costs		3,811	12,497
Events van deposit written off		16,644
Depreciation		1,754	2,137
Canied forward		270,604	381,430

6.	RAISING FUNDS -	continued	continued
	Raising donations		and legacies - conRnued
							2020	2019
							E	E
	Brought forward						270,604	381,430
	Interest payabie and similar			charges			1
							270605	381,430
7.	CHARITABLE ACTIVITIES COSTS
						Direct	Support
						Costs (see	costs (see
						note 8)	note 9)	Totals
						5	E	E
	Animal centre costs					860,654		860,654
	Governance costs						49,269	49,269
						860,654	49,269	909,923
	DIRECT COSTS OF	CHARITABLE ACTIVITIES
							2020	2019
	Staff costs						461,627	445.067
	Rates and water						12,765	10,655
	Insurance						6,015	6.553
	Light and heat						24.338	25,425
	Telephone						6,387	6.820
	Advertising and public relations						1,392	3.481
	Sundries						6,823	5.901
	Staff training						2,393	6,171
	Staff uniforms						1,542	5.268
	Ambulance and travelling			expenses			13,007	21,560
	Drugs, medicines	and identichips					15,454	18,725
	Veterinary fees and road traffic accide				nt expenses		58,351	70,398
	Animal food						39,814	36,786
	National neuteriing		scheme	expenses			15,476	18,267
	Repairs and maintenance						44,723	56,C06
	Cleaning expenses						52,494	48,995
	Priinting and stationery						9.176	14,520
	Bank charges						2.984	3,398
	Canteen						1,349	3,985
	Computer support		and Web developm		ent costs		8.449	21.764
	Security costs						2.896	4,544
	Depreciation						73,199	69,347
							860,654	903.636

SUPPORT CO	STS
								Governance
								costs
								F,
Governance	costs							49,269
Support costs, included		in	the	above,	are as follows:
							2020	2019
							Governance	Total
							costs	activities
								E
Auditors' remuneration							6,570	6,300
Investment	management		fees				6,365	6,390
Legal and professional		fees					12,846	890
HR and payroll processing			costs				9,291	10,194
ConMibutions	to Region						367	551
HQ legacy management			fees				13,830	14,812
							49,269	39,137
AUDITORS' REMUNERATION
							2020	2019
							2	K
Fees payable to the charity's				auditors	for the audit of the charity's	financial
statements							6.570	6,300

STAFF COSTS
				2020	2019
				S	E
Wages and saladies				539,773	531,092
Social security costs				28,676	26,110
Other pension costs				7,520	6,240
				575,969	563.442
The average	monthly	number ofemployees	during the year was as follows:
				2020	2019
Staff				38	39

13.	COMPARATIVES FOR THE STATEMENT	COMPARATIVES FOR THE STATEMENT	COMPARATIVES FOR THE STATEMENT	OF FINANCIAL	ACTIVITIES
						Unrestricted	Restricted	Total
						fund	fund	funds
						F,	8
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies					631,307	104,960	736.267
	Charitable activities
	Operation ofanimal	centre				204,610		204,610
	Other trading activities					512,673		512.673
	Investment income					27.547		27,547
	Total					1,376,137	104,960	1,481,097
	EXPENDITURE ON
	Raising funds					381,430		381,430
	Charitable activities
	Animal centre costs					903,636		903,636
	Governance costs					39,137		39,137
	Total					1,324,203		1,324,203
	Net gains on investments					89,498		89,498
	NET INCOME					141,432	104.960	246,392
	RECONCILIATION OF FUNDS
	Total funds brought	forward				3,067,199	623.437	3,690,686
	TOTAL FUNDS CARRIED FORWARD					3,208.631	728,447	3.937,078
14.	TANGIBLE FIXED ASSETS
					Fixtures
				Freehold	aricl	Motor	Computer
				property	fittings	vehicles	equipment	Totals
				E	E	5	8	F,
	COST
	At I January 2020			2,477,727	191.248	36.889	86.251	2,792,115
	Additions Disposals			22,337	12,155	6,990 ~16,644 l	18,898	60,380 ~16,644l
	At 31 December 2020			2,500,064	203.403	27.235	105,149	2,835.851
	DEPRECIATION
	At I January 2020			916,922	158,105	18,978	56,418	1,150,423
	Charge for year			46,936	I3,334	1,315	13,368	74,953
	At 31 December 2020			963.858	171.439	20.293	69,786	1,225,376
	NBT BOOK VALUE
	At 31 December 2020			1,536,206	31,964	6,942	35,363	1,610,475
	At 31 December 2019			1,560,805	33,143	17,911	29,833	1,641,692

FIXED ASSET	INVESTMENTS
		Shares in
		gl'ovp	Listed	Unlisted
		undertakings	investments	investments	Totals
		5		F.	5
MARKET VALUE
At I January	2020		810,438		812,439
Additions			139,504		139,504
Disposals Revaluations			(122,250) ~8,281)		(122,251) ~8.281)
At 31 December 2020			819.411	2.000	821.411
PROVISIONS
Revaluation	adjustments		$46,271)		~46,271)
NET BOOK VALUE
At 31 December 2020			865682	2,000	867 682
At 31 December 2019			810,438	2000	812439

						2020	2019
Finished	goods					16.639	14,114
Drugs,	medicines,	consumables	and	identichip	blanks	1,193	1,364
						17,832	15,478

DEBTORS: AMO	UNTS F	ALLIN	G DUE WITHIN ONE YEAR
				2020	2019
Other debtors				23,697	14,863
Legacy income receivable				1,522,850	773,281
VAT				13,724	30,668
Prepayment&	and accrued		income	39,098	24,728
				1,599,369	843,540
CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
				2020	2019
				F,	8
Social securiity	and other taxes			8,321	7,212
Other crediton				34,421	66,575
Amounts owed to related			parties	1,381	2,177
				44,123	75,964


Minimum lease payments	under non-cancellable	operating	leases fall due as follows:
					2020	2019
					E	8
Within one year					49,057	68,588
Between one and five years					39,635	88,692
					88,692	157,280
ANALYSIS OF NET ASSETS	BETWEEN FUNDS
					2020	2019
		Unrestricted		Restricted	Total	Total
		fund		fund	funds	funds
		8		K	8	8
Fixed assets		1,610,475			1,610,475	1,641,692
Investments		563,351		304,331	867,682	812,439
Current assets Current liabilities		1,279,196 ~44,123i		1,093,320	2,372,516 ~44 123	1.558,911 ~75,964)
		3,408,899		1,397,651	4,806,550	3,937.078
MOVEMENT IN FUNDS
					Net
					movement	At
				At 1.1.20	in funds	31.12.20
					5
Unrestricted iunds
General fund				3,208.631	200,268	3408,899
Restricted funds
Care 4Paws				728,447	669,204	1,397,651
TOTAL FUNDS				3,937.078	869,472	4,806,550

Net movement	Net movement	in funds, included	in funds, included	are as follows:
				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
				8		E	5
Unrestricted	funds
General fund				1.342,807	j1,180,528)	37,989	200,268
Restricted funds
Care 4Paws				669,204			669,204
TOTAL FUNDS				2.012,01 1	~1,180,528j	37,989	869,472
Comparatives		for movemenl	in funds
						Net
						movement	Ai
					At 1.1.19	in funds	31.12.19
					E	F.
Unrestricted	funds
General fund					3.067,199	141,432	3,208,631
Restricted funds
Care 4Paws					623487	104,960	728,447
TOTAL FUNDS					3.690,686	246.392	3,937,078
Comparative		net movement	in funds, included	in the above are as follows:
				incoming resources	Resources expended	Gains and losses	Movement in funds
				E	E	E	F.
Unrestricted	funds
General fund				1,376,137	(1,324.203I	89.498	141,432
Restricted funds
Care 4Paws				104,960			104,960
TOTAL FUNDS				1,481,097	~1,324,203j	89,498	246,392

				2020	2019
				R	E
INCOME AND ENDOWMENTS
DonaRons and legacies
Donations				34.670	26,544
Legacies				1.308,644	589,465
Grants				119,811
Subscriptions. collections and			appeals	119,388	120,258
				1,582,513	736,267
Other trading activities
Fundraising events				15,814	78,604
Shop income				144,117	279.4&5
Kennel shop sales				77,060	154,604
				236,991	512,673
Investment income
Rents received					I,SCO
Dividends received				20,963	25,935
Deposit account interest				125	112
				21,CBB	27,547
Charitable activities
Animal sales and claims				54,615	66,971
Boarding fees and		sundries		91,419	87.896
National neutering		scheme			18,634
Pet insurance commission				18,919	17.651
Sale ofdrugs and	medicines			6,466	13.458
				171,419	204,610
Total Incoming resources				2,012,011	1,481.097
EXPENDITURE
Raising donations	and legacies
Wages				109,240	111,947
Social security				3,740	5.025
Pensions				1,362	1,403
Rates and water				340	1,354
Insurance				1,785	IN86
Light and heat				4,358	5N76
Telephone				1,116	1,256
Postage and stationery				2,625	268
Sundrtes				3,950	9,383
Shop management		fees		2,864	11,250
Purchase ofgoods		for resale		47,222	100,265
Fundraising evenb				5.173	36,878
Shops' traveling expenses				410	994
Shop rents				54,290	59.262
Shops' repairs and	maintenance				6.769
Shops' bank charges				3,071	3.816
Canied forward				241,546	356.832

					2020	2019
						E
Raising donations and legacies Brought forward					241,546	356,832
Shops' cleaning costs					6,849	9,964
Fundraising costs					3,811	12,497
Events van deposit	wrtitten		off		16,644
Shops' depreciation					1.754	2,137
Bank interest					I
					270.605	381.430
Charitable activities
Wages					430,533	419,145
Social security					24,936	21.085
Pensions					6,158	4,837
Rates and water					12,765	10.655
Insurance					6,015	6,553
Light and heat					24,338	25,425
Telephone					6387	6,820
Advertising and public relations					1.392	3,481
Sundries					6.823	5,901
Staff training					2,393	6,171
Staff uniforms					1,542	5,268
Ambulance and travelling			expenses		13,007	21,560
Drugs, medicines and identichips					15454	18,725
veterinary fees and	road	traffic accide		nt expenses	58,351	70.398
Animal food					39,814	36.786
National neutering	scheme		expenses		15,476	18.267
Repairs and maintenance					44,723	56,006
Cleaning expenses					52,494	48,995
Printing and stationery					9,176	14,520
Bank charges					2.984	3,398
Canteen					1,349	3,985
Computer support and Web developm				ent costs	8,449	21,764
Securtity costs					2,896	4,544
Freehold property					46,936	47,133
Fixtures and fittings					11,580	11,498
Motor vehicles					1,315	384
Computer equipment					13,368	10,332
					860,654	903,636
Supporl costs
Governance costs
Auditors' remuneration					6.570	6,300
Investment management			fees		6,365	6,390
Legal and professional		fees			12,846	890
HR and payroll processing			costs		9,291	10,194
Conkibutions to Region					367	551
HQ legacy management			fees		13,830	14.812
					49.269	39,137
Totai resources expended					~1,180528	~1324203
Net Income before	gains	and losses			831,483	156,894

		2020	2019
			E
Realised recognised Realised gains/(losses)	gains and losses on Exed asset investments	~8,282)	~10,505l
Net income		823,201	146,389