2021-12-31-accounts - RSPCA Leicestershire, Peterborough and Rutland Branch

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		Page
Report ofthe Trustees	I	to	7
Trustees' Responsibility Statement
Report ofthe Independent Auditors	9	to	11
Statement of Financial AcHvilies		12
Balance Sheet		13
Cash Flow Statement		14
Notes to the Cash Flow Statement		15
Notes to the Financial Statemenls	16	to	27
Detailed Statement of Financial AcBvltles	28	to	30

The principal	fundin	g	sources ofin	come tothe Branch itself were:
					E
Legacies					558,932
Donations					24,663
Grants					122,631
Subscriptions,	collections and appeals				112,084
Shop sales					294.686
Other income					229 180
Total					1,342, 176
And the income has			been applied	as follows:
Animal Centre costs					849,993
Costs ofgenerating			funds		319,969
Governance	costs				79646
Total					1,249,608
Which has resulted		in net incoming		resources forthe Branch forthe year of	92,568

President / Vice Presidenb
Mr J Borrajo	President
Ms E Allison	Vice President
Mr SSellars	Vice President
Trustees
Mr CActon	Honorary Chair
Mr S Kinchington	Honorary Treasurer
Miss R Lane	Honorary Secretary
Mrs S Dewick	Committee	Member
Mr D Monish	Committee	Member
Ms SJones	Committee	Member
Dr J Rendle	Committee	Member (appointed	9.11.21)
Ms J Fallon	Committee	Member (resigned 31.5.21)
Ms J Haliday	Committee	Member (appointed	23.2.21) (resigned	7.2.22)
Ms P Clark	Committee	Member
Ms LSvandelikova	Committee	Member (appointed	30.3.21) (resigned	10.5.21)

					2021	2020
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes	E		E	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies		2	488,241	330,069	818,310	1,582,513
Charitable achvlhes		5
Operation ofanimal centre			207,779		207,779	171,419
Other trading activities		3	294,686		294,686	236,991
Investment income		4	21,343	58	21,401	21,088
Total			1,012,049	330,127	1,342,176	2,012,011
EXPENDITURE ON
Raising funds		6	319,969		319,969	270,605
Charitable activities
Animal centre costs			849.993		849,993	860,654
Governance costs			55,896	23,750	79,646	49,269
Total			1,225,858	23,750	1,249,608	1,180,528
Net gains on investments			103,943		103,943	37,989
NET INCOME/(EXPENDITURE)			(109,866)	306,377	196,511	869,472
RECONCILIATION OF FUNDS
Total funds brought forward			3408,899	1,397,651	4,806,550	3,937,078
TOTAL FUNDS CARRIED FORWARD			3,299,033	1,704,028	5,003,061	4,806,550

					2021	2020
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes	S	S
FIXED ASSETS
Tangible assets		14	1,499,618	831,922	2,331,540	1,610,475
Investments		15	982,845		982,845	867,682
			2,482,463	831,922	3,314,385	2,478,157
CURRENT ASSETS
Stocks		16	34451		34,451	I7,832
Debtors		17	579,428		579,428	1,599.369
Cash at bank			268,705	872,106	1,140,811	755,315
			882,584	872,106	1,754,690	2,372,516
CREDITORS
Amounts falling due within one year		18	(66,014)		(66,014)	(44,123)
NET CURRENT	ASSHS		816,570	872,106	1,688.676	2,328,393
TOTAL ASSETS LESSCURRENT LIABILITIES			3,299,033	1,704,028	5,003,061	4,806,550
NET ASSETS			3,299,033	1,704,028	~5003,061	4,806,550
FUNDS		20
Unrestricted	funds				3,299,033	3,408,899
Restricted funds					1,704,028	1,397.651
TOTAL FUNDS					5,003,061	4,806,550

			2021	2020
		Notes		E
Cash flows from operating activities Cash generated from operations Interest paid		I	1,266.670	141,596 ~I
Net cash provided by operating activities			1.266.670	141,595
Cash flows from investing	aclivlfies
Purchase oftangible fixed	assets		(798,519)	(60,380)
Purchase of fixed asset investments			(87,176)	(139,504)
Sale oftangible fixed assets				16,644
Sale offixed asset investments			75,958	113,969
Interest received			87	125
Dividends received			21,314	20,963
Net cash used in investing	activities		~788,336)	~48,183)
Cash flows from financing acRvTiies Unrealised gain on investing activities			~92,838)	~37,990)
Net cash used in financing	activities		~92,838)	~37.990
Change in cash and cash	equivalents	in
the reporting period			385,496	55,422
Cash and cash equivalents	atthe
beginning ofthe reporting	period		755,315	699,893
Cash and cash equivalents	atthe end	of
the reporting period			1,140,811	755,315

RECONCILIATION O	F NET INC	OME TO NET CASH FLOW FRO	M OPERATI	NG ACllVillES
				2021	2020
					E
Net income for the	reporting	period (as per the Statement	of
Financial ActivRies)				196,511	869,472
Adjustments for.
Depreciation charges				77,452	74,953
(Gain)/losses on investments				(11,105)	8,282
Interest received				(87)	(125)
Interest paid					1
Dividends received				(21,314)	(20,963)
Increase in stocks				(16,619)	(2,354)
Decrease/(increase) Increase/(decrease)	in debtors in creditors			1.019,941 21,891	(755,829) ~31.341
Net cash provided	by operalions			1,266,670	141,596

ANALYSIS OF CHANGES IN NET FUNDS
	At 1.1.21	Cash flow	At 31.12.21
	E
Net cash
Cash at bank	755,315	385,496	1.140.811
	755,315	385,496	1,140,811
Total	755,315	385,496	1,140,811

DONATIONS	AND LEGACIES
			2021	2020
Donations			24,663	34,670
Legacies			558,932	1,308.644
Grants			122,631	119,811
Subscriptions,	collections and	appeals	112,084	119,388
			818,310	1,582,513

	Grants recei	ved, included in the above, are as follows	:
			2021	2020
			8
	Business rates grants		43,841	50,504
	Job Retention Scheme Grants		37,061	69,307
	Other grants		41,729
			122,631	119,811
3.	OTHER TRADING ACTIVITIES
			2021	2020
				E
	Fundraising	events	19,402	15,814
	Shop income		171,956	144,117
	Kennel shop	sales	103,328	77,060
			294,686	236,991
4.	INVESTMENT	INCOME
			2021	2020
	Dividends received		21,314	20,963
	Deposit account interest		87	125
			21,401	21,088

INCOME FRO	M CHARITABLE	ACTIVITIES
				2021	2020
		Activity
Animal sales	and claims	Operation	of animal centre	77,813	54,615
Boarding fees and sundries		Operation	of animal centre	85,782	91,419
Pet insurance	commission	Operation	of animal centre	20,369	18,919
Sale ofdrugs	and
medicines		Operation	ofanimal centre	23,815	6,466
				207,779	171,419

Raising donations	an	d leg	acies
				2021	2020
				K
Staff costs				175,138	I 14,342
Rates and water				2,135	340
Insurance				2,424	1,785
Light and heat				2,811	4,358
Telephone				1,199	1,116
Postage and stationery				1,793	2,625
Sundries				2,981	3,950
Shop management		fees		1,464	2,864
Purchase ofgoods for resale				57,073	47,222
Fundraising events				8,946	5,173
Shops' travelling	expenses			1,036	410
Shop rents				50,728	54,290
Shops' bank charges				3,476	3,071
Shops' cleaning costs				6,417	6,849
Fundraising costs				624	3,811
Events van deposit written			off		I6,644
Depreciation				1,724	1,754
Interest payable	and similar charges				I
				319,969	270,605

CHARITABLE ACTIVITIES COSTS	CHARITABLE ACTIVITIES COSTS	CHARITABLE ACTIVITIES COSTS
				Direct	Support
				Costs (see	costs (see
				note 8)	note 9)	Totals
				E		K
Animal centre costs				849,993		849,993
Governance costs					79,646	79,646
				849,993	79,646	929,639
DIRECT COSTS OF CHARITABLE ACllVlllES
					2021	2020
Staff costs					432,967	461,627
Rates and water					13,988	12,765
Insurance					6.457	6,015
Light and heat					25,588	24,338
Telephone					4.990	6,387
Advertising and public relations					2,731	1,392
Sundries					5,232	6,823
Staff training					2,545	2,393
Staff uniforms					2,387	1,542
Ambulance and travelling		expenses			11,274	13,007
Drugs, medicines and identichips					24,848	15,454
Veterinary fees and	road traffic accident		expenses		90,528	58,351
Animal food					32,535	39,814
National neutering	scheme expenses				1 1,226	15,476
Repairs and maintenance					39,043	44,723
Cleaning expenses					37,797	52,494
Printing and stationery					5,766	9,176
Bank charges					3,682	2,984
Canteen					938	1.349
Computer support	and Web development		costs		13,314	8,449
Security costs					4,131	2,896
External boarding costs					1,648
Recruitment costs					650
Depreciation					75.728	73,199
					849,993	860.654

9.	SUPPORT COSTS
						Governance
						costs
						E
	Governance costs					79,646
	Support costs, included	in	the	above, are as follows:
					2021	2020
					Governance	Total
					costs	activities
					E	E
	Auditors' remuneration				6,852	6,570
	Investment management		fees		7,830	6,365
	Legal and professional	fees			16,633	12,846
	HR and payroll processing		costs		8,054	9,291
	Contributions to Region				551	367
	HQ legacy management		fees		39,726	13,830
					79,646	49,269
10.	AUDITORS' REMUNERATION
					2021	2020
					E
	Fees payable to the charity's			auditors for the audit ofthe charity's
	financial statements				6,852	6,570
11.	TRUSTEES' REMUNERATION		AND BENEFITS

STAFF COS'TS
				2021	2020
					E
Wages and salaries				567,118	539,773
Social security costs				31,528	28,676
Other pension costs				9,459	7,520
				608,105	575,969
The average	monthly	number ofemployees	during the year was as follows:
				2021	2020
Staff				45	38

	No employees received emoluments in excess of	No employees received emoluments in excess of	860,000.
13.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL		ACTIVITIES
				Unrestricted	Restricted	Total
				fund	funds	funds
				E	E	E
	INCOME AND ENDOWMENTS	FROM
	Donations and legacies			913,354	669.159	1,582,513
	Charitable activthes
	Operation of animal centre			171,419		171,419
	Other trading activities			236,991		236,991
	Investment income			21,043	45	21,088
	Total			1,342,807	669,204	2,012,011
	EXPENDITURE ON
	Raising funds			270,605		270,605
	Charitable acBvilies
	Animal centre costs			860,654		860,654
	Governance costs			49,269		49,269
	Total			1.180,528		1,180,528
	Net gains on investments			37,989		37,989
	NET INCOME			200,268	669,204	869,472
	RECONCILIATION OF FUNDS
	Total funds brought forward			3,208,631	728,447	3,937,078
	TOTAL FUNDS CARRIED FORWARD			3408,899	1,397,651	4,806,550

TA	NGIBLE FIXED ASSETS
			Fixtures
		Freehold	and	Motor	Computer
		property	fittings	vehicles	equipment	Totals
		E		E
COST
At	I January 2021	2,500,064	203,403	27,235	105,149	2.835,851
Additions		745,592	17,853	13,237	21,837	798,519
At	31 December 2021	3,245,656	221,256	40,472	126,986	3,634,370
DEPRECIATION
At	I January 2021	963,858	171,439	20,293	69,786	1,225,376
Charge foryear		46,407	13,158	3,995	13,894	77.454
At	31 December 2021	1,010,265	184,597	24,288	83,680	1,302,830
NET BOOK VALUE
At	31 December 2021	2,235,391	36,659	16,184	43,306	2,331,540
At	31 December 2020	1,536,206	31,964	6,942	35,363	1,610,475

		Listed	Unlisted
		investments	investments	Totals
		E	E
MARKET VALUE
At I January 2021		819,411	2,000	821,411
Additions		87,176		87,176
Disposals		~64,851)		~64,851)
At 31 December	2021	841,736	2,000	843,736
PROVISIONS
At I January 2021		(46,271)		(46,271)
Revaluation adjustments		~92,838)		~92,838)
At 31 December	2021	(139,109)		(139,109)
NET BOOK VALUE
At 31 December	2021	980,845	2,000	982,845
At 31 December	2020	865,682	2,000	867,682

16.	As at 31 Dece STOCKS	mber	20	21 the orig	inal cost ofth	e investments was 5	690,800 (2020:3668,597	).
							2021	2020
								E
	Goods for resale						31,603	16,639
	Drugs, medicines, consumables				and identichip	blanks	2,848	1,193
							34,451	17,832
17.	DEBTORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
							2021	2020
							5
	Other debtors						13,347	23,697
	Legacy income receivable						523,439	1,522,850
	VAT						15,827	13,724
	Prepayments	and accrued income					26,815	39,098
							579,428	1,599,369
18.	CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
							2021	2020
							5
	Social security	and	other taxes				7,936	8,321
	Other creditors						58,078	34,421
	Amounts owed to related parties							1,381
							66,014	44,123

	Minimum lease	payme	nts un	der	non-cancellabie operatin	g leases fall due	as follows:
							2021	2020
								E
	Within one year						29,100	49,057
	8etween one and five years						18,395	39,635
							47,495	88,692
20.	MOVEMENT IN FUNDS
						Net	Transfers
						movement	between	At
					At 1.1.21	in funds	funds	31.12.21
					E			E
	Unrestricted funds
	General fund				3,408,899	(109,866)		3,299,033
	Restricted tunds
	Woodside Veterinary		Centre	—Running
	Costs				1,397,651	306,377	(831,922)	872,106
	Woodside Veterinary		Centre				831,922	831,922
					1,397,651	306,377		1,704,028
	TOTAL FUNDS				4,806,550	196,511		5,003,061
	Net movement	in funds, included			in the above are as follows:
					Incoming	Resources	Gains and	Movement
					resources	expended	losses	in funds
					E
	Unreshicted funds
	General fund				1,012,049	[1,225,858)	103,943	(109,866)
	Restricted funds
	Woodside Veterinary		Centre	—Running
	Costs				330.127	(23,750)		306,377
	TOTAL FUNDS				1,342.176	~1,249 608)	103,943	196,511

Comparatlves	for mo	vement In funds
				Net
				movement	At
			At 1.1.20	in funds	31.12.20
Unrestricted	funds
General fund			3,208,631	200,268	3,408,899
Restricted funds
Woodside Veterinary		Centre - Running
Costs			728.447	669,204	1,397,651
TOTAL FUNDS			3,937,078	869,472	4,806,550

Comparat	ive	net mo	vement in funds, incl	uded in the abo	ve are as follows	:
				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
				E
Unrestricted		funds
General	fund			1,342,807	(1,180,528)	37,989	200,268
Restricted	funds
Woodside Veterinary			Centre - Running
Costs				669,204			669,204
TOTAL FUNDS				2,012,011	J1,180,528)	37,989	869,472

			2021	2020
				F.
INCOME AND ENDOWMENTS
Donalions and legacies
Donations			24,663	34,670
Legacies			558,932	1,308,644
Grants			122,631	119.811
Subscriptions, collections and		appeals	112,084	119,388
			818,310	1,582,513
Other trading acfivifies
Fundraising events			19,402	15,814
Shop income			I71,956	144,117
Kennel shop sales			103,328	77,060
			294,686	236,991
Investment income
Dividends received			21,314	20,963
Deposit account interest			87	125
			21 401	21,088
Chadtable activiTies
Animal sales and claims			77,813	54,615
Boarding fees and	sundries		85,782	91,419
Pet insurance commission			20,369	18,919
Sale ofdrugs and medicines			23,815	6,466
			207,779	171,419
Total incoming resources			1,342,176	2,012,011
EXPENDITURE
Raising donafions and legacies
Wages			163,069	109,240
Social security			9,161	3,740
Pensions			2,908	1,362
Rates and water			2,135	340
Insurance			2,424	1,785
Light and heat			2,811	4,358
Telephone			1,199	1,1 16
Postage and stationery			1,793	2,625
Sundnes			2,981	3,950
Shop management Purchase ofgoods	fees for resale		1,464 57,073	2.864 47,222
Canied forward			247,018	178,602

				2021	2020
Raising donations	and legacies
Brought forward				247,018	178,602
Fundraising events				8,946	5,173
Shops' travelling	expenses			1,036	410
Shop rents				50,728	54,290
Shops' bank charges				3,476	3,071
Shops' cleaning costs				6.417	6,849
Fundraising costs				624	3,811
Events van deposit		written	off		16,644
Shops' depreciation				1,724	1,754
Bank interest					1
				319,969	270,605
Charitable actlvNes
Wages				404,049	430,533
Social security				22,367	24,936
Pensions				6,551	6,158
Rates and water				13,988	12,765
Insurance				6,457	6,015
Light and heat				25,588	24,338
Telephone				4,990	6,387
Advertising and public relations				2,731	1,392
Sundries				5,232	6,823
Staff training				2,545	2,393
Staff uniforms				2,387	1,542
Ambulance and	travelling		expenses	1 1,274	13,007
Drugs, medicines	and identichips			24,848	15,454
Veterinary fees and		road traffic accident
expenses				90,528	58,351
Animal food				32,535	39,814
National neutering		scheme expenses		11,226	I5,476
Repairs and maintenance				39,043	44,723
Cleaning expenses				37,797	52,494
Printing and stationery				5,766	9,176
Bank charges				3,682	2,984
Canteen				938	1,349
Computer suppori		and Web development
costs				13,314	8,449
Security costs				4,131	2,896
External boarding	costs			1,648
Recruitment costs				650
Freehold property				46,407	46,936
Fixtures and fittings				11,433	11,580
Motor vehicles				3,994	1,315
Computer equipment				13,894	13.368
				849,993	860,654

			2021	2020
			S	S
Support costs
Governance costs
Auditors' remuneration			6,852	6,570
Investment management		fees	7,830	6,365
Legal and professional	fees		16,633	12,846
HR and payroll processing costs			8,054	9,291
Contributions to Region			551	367
HQ legacy management		fees	39,726	13,830
			79,646	49,269
Total resources expended			1,249,608	1,180,528
Net income before gains	and losses		92,568	831,483
Realised recognised gains		and losses
Realised gains/(losses) on investments		fixed asset	11,107	~8,282)
Net income			103,675	823,201