REGISTERED CHAR￿ NUMBER: 222621
REPORT OF THE TRUSTEES AND
ALIDITED FINANCIAL STATEMENTS
FOR THE YEAR ENOED 31 DECEMbER 2024
FOR
THE ROYAL SOCIETY FOR THE PREVENTION OF
CRUELIY TO ANIMALS: LEICESTERSHIRE
PETERBOROVGH & RUTLAND BRANCH

THE ROYAL SOCIETY FOR TrIE PREVENTION OF
CRUELTY TO ANIMALS . LEICESTERSHIRE,
PETERBOROUGH & RUTLAND BRANCH
CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2024
Page
Report of the Tru$tee$
Truste•$' Respon￿bIlAY Statement
R•port of th• Ind•p•ndettt Avdltors
Statement of Flnon¢lal Acllvllles
Bolance Sheet
13
Cash Flow Statemenl
Nolos lo th• Cosh Flow Slolemenl
Notes to the Flnanclal Stal•m•nts
16 10 30
Detalkd Stalement of Flnanctd A¢ll¥lt￿5
31 10 33

THE ROYAL SOCIEfY FOR THE PREVENIION OF
CRUELTY TO ANIMALS . LEICESTERSHIRE,
PEFERBOROUGH & RUTLAND BRANCH
REPORT OF THE TRUSTEES
For The Y•ai Ended 31 D•cember 2024
The Iru51ee5 [￿ent their report wlh the fnianciol statements of the charity lor the year ended
31 December 2024. The twstees hove odopled the provisions ol Accounting and Reporting by Charili&s'.
stotement of Recommended Practice applcable to charities preparing their accounts in occordonce wbth
Ihe Financial Reporting Standard applicable in the UK ond Repthlic ol Ireland IFRS 1021 leffective l January
20191.
The RSPCA Leiceslershirs, Pelerborough ond Rullond Bronch is a seporolety registered charity of the Royal
Society for the Prevention of Cruelty lo Animals IRSPCAI and i4 govemed by the RSPCA Ac15, RSPCA Rule5 ond
RSPCA Bronch RLle5. It5 Trustee Board is established as an incorporoled trustee body, ond oversees the
stralegic monogemenl of the Bronch, wth da¥-t￿0Y operotionol manogemenl ol the Bronch bein9
delegoted lo Ihe Chief Executive Officer.
The Branch owns ond wns the animal centre named Wood5ido Animal Centre and carries oul ils direct animal
welfare work wilhin the cyeo ol Leice51er5hire. PeleTborough and Rulland.
OBJECTIVES AND AClivmES
Obleclfves and Alm5
The Chorilvs objectives follow those of the National RSPCA. We aim lo prevent cruelly. promote kindness and
olleviale the suflerfng of onimols particulorly within the Bronch orea. As a Branch, we work in QCCOTdance wi
Ihe policie5 of the Naliond RSPCA.
The RSPCA Leicestershire. Peterborough and Rutlcnd Branch aims lo achieve Ihis by rehoming aThmals which
ore brovght into our care. These onimals are often obondoned or hove been mlslreoled ond often hove
required the 5UPPOrt of the RSPCA Inspeclorale. animals received inlo the care of the Bronch receive
veterinary trealment. vaccination. neutering. microchipping. Ilea tTealmenl and worming Irealmenl and are
Q55e55ed for Tphoming. The Bronch offer5 odvice to the public in matter5 conceming onimol wollare, rehoming
ond odoption. Our on4ite events help to promote the messoge regarding responsible pet oWne￿hIp ond
these ￿e well received by the public who ottend.
Publk benem
The Trustee5 have reviewed the general guidance wovided by the Chcyily ComtTh55ion with regard lo o
slalemenl of put￿lC benelil. The Trustee5 have ensured that Ihe Charily remains focussed on ovr chorilable
aims and continve lo deliver benefits lo Ihe public.
Ihe Charity aims lo aehieve these objective5 by promoting the work and objec15 Ot the Nalionol RSPCA. 11
aim5 to provide support locally lo those people whose animals are in need. promoting good levels of care
and welfore ol onimols cmd rehoming abondoned animals and mistrealed pets. The wellore work vndertaken
by Ihe Bronch. ollhough lo¢ol in nolwe, benefits society ol lorge ond also oim$ lo help peop￿ in need wlh
the care ol their animd5. All of our charilable activitie5 focv5 on promoting kindness and preventing or
suppressing cwelfy and ore vndertoken to further purposes forlhe publlc benefit.
We offer advSce Ilyough mulliple digllal channels ond face-t￿lace lo members of the pvbfic. In oddltlon. we
have flee leoflet5 gwing odvice lo the pvbfic on a ronge ol onimal welfore i55ues. These are avojable through
our orFsite receplion and al OVT charity Shops across the area. Ihe pvblic benefils Ihrovgh the promolion of
responSi￿e pel ownership.
Wilhin the lerms of our goveming document. we support the Inspectorote, Ihe Nolionol Society and other
RSPCA Branches. We abo have good working ielalionships wlh a number ol the local animol welfare charities
and have been ab￿ lo extend ovr support throvgh veterinary cue Ic) Some of their onimaLs.
Page I

THE ROYAL SOCIEfY IOR THE PREVENfioN OF
CRUELTY TO ANIMALS . LEICESTERSHIRE.
PEfERBOROUGH & RU7LAND BRANCH
REPORT OF THE TRUSTEES
For The Year Ended 31 December 2024
OBJECTIVES AND ACTivmES
Volunleers
We provide a range of volunteering opportvnitie5 for members of the public. Such volvnteering roles. includirvJ
f05tering. dog walking. assisting in the ¢oltery, in reception, in administrative roles, ol ovr charily shop5 and
with lundraising. ol give o broad perspective of the work we do and gives volunteers a chance lo participote
in responsible pel ownership and positwe onimal welfore. The contact we have with Individuals and Ihe
growing number of companies who also support us ensures Ihol o wde group of local members ol the public
enjoy working with u5 in o eompassionote and rewarding woy. We ensure, through our policies, that no
individuol will be excluded from volunteering on the groundi of gender, marital or fomily status. religious beli&f
or politicol opinion, disability. roce or ethnic origin. nolionolity, sexual orienlalion or oge. or ony other crilerio
wfrich could be deemed to be discriminatory or divisive.
ACHIEVEMENTS AND PERFORMANCE
Chothable a¢tlvllles
Under the Chorilies Acl 2011, the advancement ol animal welfare 15 recognised 0$ a distinct stolLrtory
ehariloble pupose. This legislolion and the Animal Wellore Act of Ihe some year indicate an acceplonee by
society that treating living creatures wlh compassion has o moral benefit for Ihe pUb￿c. Whi151 the publc
beneffl is cleor, il is somtrtimes difficvll to quantify olher thon by ￿0vidIng an undelslondfftg of the a¢livitie5
undertaken by the Branch, which include..
The prevgntion or Suppression of cruelly lo cmimo15 through providing support for locol RSPCA Inspectors by
taking in, free ol charge, mi51rooled or obandoned animols - inclvding pets whose owner5 suffer ill heollh. or
financial difficulties. or pass awoy.
Provhjing subsidised veterinary trealmtsnl for anima15 which ore sick or injured and bekng lo local people on
low incomes.
Providng subsidised neutering ond micro£hipping of companion onimals lor those in the Bronch oreo on low
incomes. which helps lo control dog and col populations and promotes responsible pel ownership.
Animals in our core receive veterinary treatrnenl, vaccinolion. neutering and rricro<hpping ond are
0$5e55ed for rehOrn￿g, which help5 to control Ihe incidence and spread of disease ond Suffering.
- We rehome arwmals in r￿d al low c¢)s1.
We lake in lost onlmd5 and lake steps to revnile them wilh their owners.
We respond to enquirios and provide free animol advice over the lolephone, and foce to lace with
members of the public.
We deliver &ckn¢otional tolk5 to schools and sociol groups,. 5UPPOrted with fvee literature l￿d leaflets
providing advice on animol core.
- Within the lerms ol our govemiro docwnenl we support the Nolional Society and other RSPCA Branche5.
Ihe Bronch is supported by o I￿ge conlin9enl of volunY&ers, with opportunities which include loslering-, dog
wolking- assisllng in the aThmal cenlre; ossi51ing in our charity shops., and ￿ndro1$In9. Thew tireles$ 055i51ance is
ssenlial to the running of the Ch¢￿ty.
The sunmory ol Achievgmen15 OtKJ Perfo￿ance Is Included in the Chaimon's Report.
Poge 2

THE ROYAL SOCIEfY FOR THE PREVENTION OF
CRUELTY TO ANIMALS . LEICESTERSHIRE,
PETERBOROUGH & RufLAND BRANCH
RepoRT OF THE TRUSTEES
F¢r The Year Ended 31 December 2024
FINANCIAL REVIEW
Flnanclal poslKon
The principal funding sources of income to the Branch itself were..
Legacies
Donations
Grants
SubseriPtioN. coleclions and appeals
Shop 5ale5
other income
Total
346,259
60,733
3,421
154.650
706,2
544 075
1015.391
And the income ha5 been applied as follows..
Animal Centre costs
Costs of generating funds
Govemance costs
other costs
Tolol
1.407,130
819,344
23.172
2.176,108
Which hos resulted in nel expenclilure for the Branch for the yecrf ol
1360.7171
The Monagemenl Committee are aware that this hos been ochieved 05 a resull of the significant legacy
income ond WhI￿t they m05t grolefij for thi5 gener0511y, they recognise that by ils very notue. Ihis is an
Inherent￿ unreliable souice of income for the Branch.
Inv•slm•nt pol¢y ond oblKIfv•s
The Monogement Committee, having reg￿d lo the liquidity requirements of lh$ Bron¢h, hove kepl 5ignific(Inl
lunds available in a voriely ol bank facilities so as lo provide for 8os& of access, Longer tem fund5 are hek
by the Branch as stock market investments Ihot ore monoged by wofessional investment manager5 under the
policy sel down by the Bronch by which no inve51menls can be made in companie5 who are involved in
onimal testing or other activities Ihal may place the weffare of animal al risk. As o result of this pclicy,
inve51menl income may not reflect a purely commerciol role ol return. In Ihe view of the Managernenl
Committee. this is acceptable in order lo odvonce the objectives of the BTanch.
Page 3

THE ROYAL SOCIETY FOR THE PREVEP4TION OF
CRVEITY TO ANIMALS . LEICESTERSMIRE.
PETERBOROUGH & RUTLAND BRANCH
REPORT OF THE TRUSTEES
The Year Ended 31 D•cember 2024
FINANCIAL REVIEW
Rlsk Management ond R•$epies policy
The mojor risk to Ihe Branch is that ils annuol income 10115 below annual expenrfilure and this risk is monitored
by the Trustee5 Ot their monthly meeting5. Because of the signilicance of this risk, Ihe Monogemenl
Committee hove lorecosl Ihe level of Iree reserves Ilhol is those ￿ndS nol tied up in fixed assets and Teslricled
funds) the Bronch wil requiTe in order lo moinlain its opeTQtions. A significant proportion ol the Branchs
income derives from donations and legocies, the levets of which cannot be guoronleed w onlicipoled ond
accordingly. the Monogement Commitlee considers il prudent lo maintain liquid or similor Teserves e9￿￿OIent
10 9 months, expenditure a5 Sel out in the Slalement ol Finonciol Activities. Actual free reserves are calcubaled
lo exclvde fixed osset5 and reslricled reserves, bul include inveslmenls.
Target free reserves
Actuol free rese¢ves
1,275,100
4?8,737
Shortfall ogoiml lorgel
1776.3631
Al 31 December 2024 the restricted fvnd bclances were UOI 3211 and Ihe total fvnds were £5,009,035.
Woodside Vel Centre
Al the start of March 2021 buildlno WO￿ commenced on a new veterinary suite ond work w05 eornpleted
durin9 2022. The mojorily ol the funding for the vel svile come from laige legacie5 that were left lo the chorily
so 0s.lo PTovide fundng lor the project ond lo provide income lor ongoing running costs.
A fixed asset fund was eslobli5hed to reflect the carying value of the buildir)g, distinel from Ihe income and
expendilvre in relation to the tsngoing runnirvJ of the vet $vile.
Pelerborough Branch
During 2023 the branch look over Ihe activities of the RSPCA Peterborou9h Bronch ond the lurKls remairNng In
*he branch b¢Thk accovn15 were tronsferred over ond f¢)m) the bvlk of Ihe remaining fund after deducting
reloled expendilvre.
FUTURE PLANS
Woodside conlinues lo grow ond develop and our VeteritKJry FocS11ty continues lo impact the 5eryices we can
offer ¥Mthin our region. We aim lo increase our chority shop portfolio thi5 year in both Peterty￿0vgh and
Leicesler5hre cnd hope to Utili5e some innovotive design51
Ihe financial challenges experienced in 2024 demonsfroled the need for RSPCA Woodside lo broaden ils
income bose lo ensure lon9-temi slabilily. In 2025. Ihe orgonisotion will priorilise developing consistent and
sustainable income streom5. One key iniliotive wll be opening the velerinary tacililie5 to the pU￿1C under the
name Bamey & Bella Independenl Vets. This morks the beginning of a customer joumey thal does not slort
ond end wilh adoption, bul continues with ongoing 5UPPOrt and guidance lor onimols and their owners.
staffing difficutties during 2024 Olso highlighted the need for a more $lrotegi¢ally Iocv56d management
structure. In 2025, Ihe airll will be to 5trenglhen the leom lo support fuhKe development. Work wll continue to
expond the retoil operolion, ossess the use of Al technology lo irllprove efficiency, and implement a targeted
fvndr0i5ing strategy designed to ochievo slron9er flnonciol retLms.
Page 4

THE ROYAL SOCIEfY FOR THE PREVENTION OF
CRVELTY TO ANIAIALS.. LEICESTERSHIRE,
PEfERBOROUGtrI & RUILAND BRANCH
REPORT OF THE TRUSTEES
F￿ Th• Y•ar End•d 31 D•¢•mber 2V24
SIRUCTURE. GOVERNANCE AND MANAGEMENT
Govemance and admlnlstramon
Th& Monogement Committee are the BTanch Trustees ond in 2023 met on o monthly trxisis to oversee the
aclivilies ol the Branch- lo deal with ony si9nilicanl issues that have arisen., to set policy; ond lo review the
financial position. A current subcommillee e%i51s lo deal with financiol management. and in 2024 folk)wing
endorsement by the Board 10 Sel up a Trading Company, a separale committee will be established taking into
aceount the reqU￿eMent lor this lo be indepondont. All decisions of Ihe 5vbcommittees ore subject lo
rotificalions of Ihe full Monagemenl Committeè.
Following appointment of a CEO in August 2023. a r8VIS8d sch8du18 of meetings has been s&1 up that will
reduce the number ol Monogemenl Commillee meetings 10 Six per year. wlh 5ubcommitlees meeting
vortedy. The agendo of rneeling5 ha5 d50 been revised lo focus on moTe strategic and govemance is5ves
ound a programme of change for the orgonisalion. 11 is ffjll Ihol Ihis is o more svslcinoble model, ond one
Ihot will ajso encourage the recwitmenl ond retention of Tw51ees.
The Manogemenl Committee are dl subject lo declion eoch yeor ol the Bronch's Annvol Generol Meeting.
The Branch operates within a naliond ne￿0t￿ of seporotely regislered ch￿lIable organisotions Ibrrmches)
Ihol pursuo the same objectives ond whlch are known collectively 05 the Royal Society lor the Prevention ol
Cruetty lo Anima15. Each Branch operate5 within a defined geographical area for the purposes ol lundroising
and the provision ol animal care facifilies ond Irealmenls. A regional slrvclvre olso exists Ihal is overseen on a
national basis. This slrvclure provide5 a team of 5pecioli51 Inspecto￿ and co-ordinate5 the wlicie5 and
objectives of the bronches. Repiesenlalives of the bronches, regionol cnd national organisalicns meet on an
annual basi5 a5 a forvm to consider dl issue5 Qffecling onimol wetfore: ond to develop policies for Ihe fullffje
purs￿1 of Ihgir COMM¢￿ oim5.
The Manogemenl C¢xnmittee conlinLEd to meet regulaty throughout 2024 to ov8rs•8 Branch actrlilies,
addre55 significant operational aThg slralegic mallers. sel policy, and review linonciol pertormonco. Ihe
Finonce Subcommittee remains in pkjce lo monage fin¢n¢iol oversight ond reporting. Folk>wng Board
opproval in lole 2023 to e51obli5h a Trading Company, work 15 underway to form o declicaled Trading
Committee to oversee its oclivlties in line with chorily governance requirements. All 5ubcommitlee decisions
are svbiect lo ralilicalion by the fuH Manogemenl Committee.
Since the appoinlment of Emmo Peoke 05 Chief Executive Officer in 2023, 2024 ha5 seen signikanl
operotional tron5fomation ocross the organi5alion. Efforts will continue in 2025 to build o Senior Managernenl
Team capable of driving the orgoni5ation lorword. In oddilion, o dedlcoted Health & Safety Committee has
been established to review c￿d develop policies bef(Ye svbmission to Ihe Trustee Board for final appiovol. Tr)is
approoch ensures Ihol oll oreos of operallons ore considered in policy development and that Woodside
remoins ¢omplont with relevont legislalion and best practice. The Commillee's work. Combined wlth o
renewed organiscrtional focus on health and salety, has afr8ady d@Iiv8r8d substantial improvements ocr055
the cenlre.
While Fxogress hos been mode in mony orea5, further work is required lo erisure that RSPCA Woodside is not
only lully complionl wth OM relevant regulations bul also ochieves the highest standards poSsi￿e. Looking
ahead. the organi501ion will conlinve lo focus on fulure-proofing. wlh partr¢ulor ottention lo Eqvolity, ￿Ve￿ity
and InchJsion. and sustainabikty.
Since the introduclion of this strengthened monagernenl framewo￿, the govemance model established in
2023 h05 become firrrfy embedded. The ManagemeTIt Committee now meets six times per year. SUPPOrted by
quarterfy subcommillee meelings. Agendas continue to priorilise strolegic oversighl. govemonce, or)d the
delivery ol the uganisation's ongoing progromme of chonge. This approoch h05 proved more 5usloinable ond
effective, improving decisioTrmaking elliciency ond supporting th& rècruitment ond retention of Trustee5.
All membws of Ihe Mono9ement Commilleg continue to 51and for election annvalty al the Branch's
GeT)eral Meeting.
Page 5

THE ROYAL SOCIETY FOR THE PREVENIION OF
CRUELTY TO ANIMALS . IEICESTERSHIRE.
PETERBOROVGH & RUTLAND IRANCH
REPORT OF THE TRUSTEES
For The Y•or Ended 31 December 2024
STrUCTURE. GOVERNANCE AND MANAGEMENT
R•¢rvllmenl ond oppolntm•nt of new Irvstee$
All members are encouraged lo invite norrinalions as Irustees prior to each Annual General Meeting- odvisiryJ
them of retiring trustees and requosling nominations. When considering Copopling trustees, the Monagernenl
Committee has regord to Ihe requirement lor ony speciolisl skills needed. ond skills audits or& undertaken lo
irjenlify particular gaps in th& ski115 base.
Indv¢lk>n and tralYdn9 01 new trvslees
New trustees will undergo o period of orienfofion lo brfèl thèm on Ih&ir legal obligations under ch07ity. trust
and lil necessaryl company ILTW,. the Charity Guiclonce on pubfic benefit.. and inform them of the conlenl of
the Bronch governing documentolion,. the operation of the Manogement Committee and d&ci5ion-making
processes,. the business plon and recent financial performance. They will meet key employees ond other
IrknTtees - ond are encouroged lo attend appropriole inlemd and exlemal training events that will focnitale
their vnderslanding of their role.
REFERENCE AND ADMINISTRATIVE DETAILS
R•glsteTed Charmy nvmber
222621
Prfnclpal odthess
Wood5ide Animal Centre
1905cudomore Road
Leicester
LE3 IUQ
¥iustees
M5 E All￿0￿ Presidenl (resigned 24.6.241
Mr C Acton Honorory Choir
Mr S Kinchinglon Honorary Treasurer
Mr D Morrish Commille• M8mber
M5 P clo￿ Committee Member
Mr S S&lla15 Ire51gned 22.4.25
M5 C Poge
Mr M Mannix lappoinled 17.3.251
Miss B Malamah-Thomos lorpointed 24.6.251
Miss G Gough (appointed 1.9.251
Avdlk>
TC Group
31 High View Close
Homitton Office P¢yk
Leicestèr
Leice3ter5hire
LE4 9LJ
Sollcllors
Messry 8r(4 & 8roy
3&42 Hvmberstone Road
Leicester
LES OAE
Bank•rs
lloy￿ Bonk plc, 7 High Street, Leresler. LEI 9FS
CAF 8ank, 25 Kings Hil Avenue, Kings Hil. we￿ Maling, Kent, ME19 4JQ
Poge

THE ROYAL SOCIEfY FOR THE PREVENTION OF
CRUELTY TO ANIMALS - LEICESTERSHIRE.
PETERBORQUGH & RUTLAND bRANCH
REPORT OF THE TRUSTEES
Far The Year Ended 310ecember 2W24
EVENTS SINCE THE END OF THE YEAR
Infonnollon rekJth"ng lo event5 since the end of the year is given in the notes lo Ihe financiol slalements.
AppToved by order of the board of Iwslee5 on 27th October 2025 and signed on Ils beholl by..
C Aclon- Tru51ee
Page 7

THE ROYAL SOCIEfY FOR THE PREVtNrioN OF
CRUELTY TO ANIMALS . LEICESTERSHIRE
PEfERBOROUGH & RUTiAND BRANCH
TRUSTEES. RESPONSIBIUTY STATEMENT
For The Year Ended 31 DecombeT 2024
The truslee5 are responsible for preparing Ihe Annuol Report ond the fir)ancial statements in occordance with
applicable low ond United Kingdom Accounting Slondards |Uniled Kingdom General￿ Accepted Accounting
Practice).
The law opplicoble to charities in England and Woles, the Charities Act 2011, Chority IAccounts ond Reportsl
Regulolion5 2W8 ond the provi5ion5 of the 'Trie Acr require5 the Iruslees lo prepare finonciol 51olements for
eoch financial year which 9ive o true and fair view of the stote of affairs ol th8 charity ond of the incoming
re50urcos and applieation of resources. including the income and expenditwe, ol the charity for that period.
In prep￿ing thosa finoncial slalemenls. the Irv51ees are requlred lo
- select suitoble accounting policies ond then oppprf them Cons￿lent￿..
- observe Ihe methods ond principles in the Charity SORP.,
- mgke judgements and eslimoles Ihot ore reasonoble and prudènl.,
51c¥le whether applicable accounting 51andaTds have been followed. 5vbjecl to ony moterial departures
disclosed and explained in the financial slolements;
prepore the financiol 51olemenls on th& going concem basis ￿n￿$S it 15 inappropriole lo Ffesume fhol the
chorily will continue in business.
Ihe Iw5tees are responsible for keeping proper accounting records which discb5e with reasonable occuracy
ol ony lime the linon¢ial position ol the chority and lo enoble them lo ensure that the finortial staternenls
comply wrilh the Charities Act 2011, the Charity IAccovnls ond Reports) R&gublion5 2008 and the provisions of
the 'The Acl They are atso responsible lor saleguording the ossels of Ihe ch￿ty and hence lor toking
reosonable steps for the prevention and detection ol fraud and other i￿gularitIeS.
Poge 8

REPORT OF THE INDEPENDENf AUDITORS TO THE TRUSTEES OF
THE ROYAL SOCIETY FOR THE PREVENtION OF
CRUELTY TO ANIMALS - LEICESTERSHIRE.
PETERBOROUGH & RUILAND BRANCH
Opinlon
We hove aucliled the finoneial 51olemenls ol The Royal Society for the Prevention of CrL* to Animds
Leice51ershire. Pelerborovgh & Rvtlond Bronch Ithe 'chorily'l for the year ended 31 December 2024 which
comprise the Slolemenl ol Vinanciol Activities, the Balance Sheet. the Cash Flow Slalemenl and notes lo the
financiol slalemen15, including o summary ol significant accounting policies. The financial reporting framework
that has been applied in their preporolion is opplicuble l¢N and United Kingdom Accounling Slondard5
(Uniled Kingdom Generally Accepted Accounting Praclicel.
In our opinion the financial stotem&nts'.
give o true ond foir view of Ihe slate ol the eharilvs alfair5 as 0131 December 2024 ond of its incoming
resovrces and application Df resources. lor the year then ended.,
have been properfy prepored in accordonce wilh Uniled Kingdom Generally Accepted Accounting
Proclice., and
have been prepared in accordance with the reqvirements ol the Chorilie$ Act 2011.
Bosls for oplnlon
We conducted our audit in accordance with International Standorth on ALpdltlng IUKI (1s￿ IUKII and
applicable law. Our responsibilities under those slandords are further de5crib8d in the Auditors. responsibilities
lor the audit ol the linoncial stotemenls section of our rewt. We are independent ol the charity in
accordance with the ethical requirements that ar& relevant lo ovr oudil of the finonclol 5tolements in the UK.
including the FRC'S Ethicol Slondord. ond we have fulfilled our other ethical respon5iblilies in accordance with
these requiremenls. We believe that the audit evidence we have obtained is sufficienl and appropriote lo
provide o basis for our opinion.
Conclvslons r•latlng k* golng concern
In oudiling the finonciol stotements, we have concluded Ihat the tnJslee5' V5e of the golng concem basls of
accounting in the preparation of the financial slot&ments is appropriote.
Bosed on the work we hove performed. we have not identified any material uncertoinlies relating lo evenls <x
condition5 Ihal, individualty or collectively, moy C¢Jl significant doubl on the charivs aiility to conlinue os a
going Concern lor a period of at least monlhs from when the finoncial 51c71ement5 are authorised f
issve.
Our respo>nsibifitie5 and the re5pon5ibililies of the Iiustees with re5P8cI to going con¢gm aro d&saibed in the
relevant Sections ol this report.
Olhei Inlormotlon
Tr)e trustees ore responsible for the other information. The other informolion comprise5 Ihe in1(￿￿tiOn included
in the Annuol Report. olheT than the financiol 5talgments ond ovr Report ot the Independenl ALKlitor5 thereon.
Our opinion on the financial stotemenls does not cover Ihe other inlormalion and, except lo the exlenl
0*he￿i$& explicilly 51aled in our report. we do no* express any fomi ol assurance conclusion Ihereon.
In connection with ovr audit of the financial slalemenls. our responsibility 15 lo Tead the other information and.
in doing so. consider whelh¢r th* other inforrnotion 15 molerioly inconsi51ent wth the ffnancial slalemenls or
our knovdedge obloined in the oudil or othewise appears lo be maleriolly misslaled. 11 wo idenlify such
moteriol inconsislencies or opporent material misslalemen15. we ore required lo dèlemiin& whether Ihis gwe5
rise lo a molerial mi551alement in the financial slalements theTh￿e￿es. If. bosed on the wryk we hove
performed, we conclude that there is a molerial misslalement of IhL8 olher information, we ¢ye reqvired to
report Ihot fact. We hove nothing lo report in this regord.
Matters on whlch wé arè requlred to report by exceplSon
We hove nothing to Teport in respect ol the following mollers wher8 th& Chorities IAccovnt5 and Reportsl
Regulalions 2008 requires us to report to you il. in our opinion..
the infonmalion given in the Report of the Trvslees Is incon5151ent in any material respect with the financial
slotemenls.. or
5vfficienl accounting iecord5 hove not been kept,. or
Ihe finoncial stotements ore not in ogreemenl with the accounting records c￿d r&twi$: or
we haye not received oll the infomiation ond explanations we requir& for our oudil.
Poge 9

REPORT 01 THE INDEpeNDENT AUDrroRS TO THE TRUSTEES OF
THE ROYAL SOCIEtY FOR THE PREVEMtION OF
CRUELTY TO ANIMALS - LEICESTERSHIRE.
PETERBOROUGH & RUTLAND BRANCH
ponslbllllle$ ol frusl•g5
As explained more lully in the Tw51ees' Responsibililies Statement, the Injslees ale responsible for the
prepcwalion of the finoncial slalemenls which give o true and fair vw. ond for svch inlemol control os the
tr￿lee$ delemine is necessary lo enable the preparation ol financial slolemenls Ihal are free frorn material
mi551atement. whether dve to fraud or error.
In pr&F)aring the financial slalemonts, the InJ5tee5 are responsible for asses&ng the charity5 ability to continue
0$ o going concern. disclosing, g5 applicable, mallers reloled lo going concem cwd using the going concem
basi5 01 accounting unless the Iru51ees either intend to liquidate the charity or to ceose operolions, or have no
realistic oltemolive but lo do so.
Ow respDnslblllM•i tor the audlt of the nnanclal slalemenls
We hove been appointed as auditors Under Section 144 of the Charit￿5 Act 2011 and report in occordonce
Ih Ihe Act and relevonl regvlotion5 made or having effect Iher&Lthder.
Our objectives ore lo obtain reasonoble ossvrance about whelher the linoncial slalements as a whole are
free frorr moterhil mi551alemenl, whether due lo fraud or error. ond to issve a Report of the Audilors Ihol
inclvdes ou opinion. Reosonoble ossurance is a high lev&1 of assur(x)¢e, but is not a gu￿onIe￿ Ihol on avdil
condvcled in occordance with ISAS IUKI will atwoys detect a material misslatemenl vthèn it e￿$t$.
Misstotement5 can arise from fravd or error ond are considered material il. inclividuolly or in the oggregale.
Ih&y could reasonabty be expected lo influence the economic decislons ol users taken on the b￿lS of thes8
finoncial statements.
lffegulorities, inckncfing fraud, ore instances of n¢)rrtompliance wth I¢Jw5 and regvlalion5. We design
procedures in line wlh our r8sponsibililies. outlined obove, to detect malethd mi55talemen15 in respect of
irre9ularilEs. inclvding fraud.
The extenl lo wh￿h our ￿OcedureS ore capable of detecting i￿e9L￿OnI1frs, inclvdng fraud is detailed bel¢)w:
We obloined on understoncling of the legal and regvlotory framework5 that are opplicable to tho chorily orKI
determined that the m051 significant frOmeWo￿ which ore dlreclly relevant so specific ossertions in the
linanciol slolemenls are those Ihat relate to the reporting fromework IVK GAAP and the Componies Act 2£￿6
and lh& relevant lax COMp￿anCe re9ulolions in Ihe UK.
We underslood how Ihe charity 15 complying with those Iromework5 by making eNvirias ol manogemenl and
Ihose responsible lor legal and complionce PToeedvres. We corroborated our &nqviries through review ol
boord mlnutes and discussions with Ihose chaTged with govemance.
We a55e55 the suscepllbi￿fy of the chorills financiol 51olemgnts to moteriol nNsstolement. inclu(fing how Iroud
might occur, by discu55ion with mana9&menl from voriou5 parts of the bvsine$5 to urKlerstond where they
considered there wa5 a su5ceplibilily to froud. We considered the procedures and controls thol the charity
hos e51oblished lo prevent and delecl fravd, and how these cye monitored by management, ond a150 any
enh(￿Ce￿ iisk factors such 05 perfomance laigels.
Based on our understanding. we designed our audil procedlffes to Identity any noTrcompliance wth lows ar
regulations identified in the paragraphs obove.
Poge 10

REPORT OF THE INDEPENDENT AUDITORS TO THE TItUSTEES OF
THE ROYAL SOCIEtY FOR THE PREVENTION OF
CRUELYY TO ANIMALS . LEICESTERSHIRE,
PETERBOROUGH & RUTLAND BRANCH
We also performed audit wort over the Ti5k of manogement override of conlTo15, inclvding testing of journal
enlries and olhef odjvslmenls for opproprialeness. evaluoling the business rationale of signifieanl Ironsocllons
OLrtslde the normol eoutse of busSness ond remewing accounting estimales for bias.
Becouse of the inherent limitations of on ovdil. ther& is 0 rigk that wo will not delecl an irregtAoThlies. including
those leading lo o mater￿1 misslalemenl in the finonciol statements or noTrcomplion¢e wlh regulati¢￿. This
risk increases the more Ihol compliance with a law or regulation is removed from the events and Iransaclions
reflected in the finonciol Stotemenls. os we wim be less likely to become awore of instances of
non<omplic•ice. The risk 15 also greater regording irregulaiwlie5 occurring due to froud rolher Ihon error, 0$
fraud involves inlenthond concealment. l(xgery. collusion. omission or mi5repTe5entation.
A further description of ovr respon5ibililies for the audit of Ihe financiol stotements is locoted on the Flnanciol
Reporting Covncil's websile ot www.frc.org.vvavdilorsresponsibililies. This descriplion forms part of our Report
of Ihe Independent Audilors.
ot oui report
This report 15 mode soldy lo the chcviV5 Iruslee5, as o body. in occordonce with Port 4 01 the Charities
IAccounls and Reportsl Regulations 2CQ8. Our audit work has been undertaken so that we might state lo Ihe
chorily's Irusloes those mollers we rfjqvired lo stole lo them in an auditors. report ar)d for no oher
purpose. To the fvlle51 exlenl permitled by low, we do nol occepl or assume responsibility lo anyone olher
Ihan the charity and the charity's Irv51ees Q5 a body, for ovr oudit work, for thig report. or for the opinions we
hove formed.
4c
TC Group
31 High View Close
Homimon Offico Pork
Leicester
Leicestershire
LE4 9LJ
Pogell

THE ROYAL SOCIEIY FOR TrIE PREVENTION OF
CRUELTY TO ANIMALS: LEICESTFRSHIRE.
PEtERBOROUGH & RUTLAND BRANCH
STATEMENT OF FINANCIAL ACTIVITIES
For Tho Ye¢x Ended 31 December 2024
2024
Total
funds
2023
Total
funds
as Teslaled
Unrestriclod
fund
Restricted
fvnds
Note$
INCOME AND ENDOWMENTS FROM
Donation5 ond legacies
564,055
1,008
565,063
760.752
Chqrttrablè octlYltl•s
Operolion of animal centre
223,074
219.053
442,127
313.180
other trading oclivities
Investment income
773,068
35,133
773.068
35,133
647.636
39.674
Total
1.595.330
220.061
1.815,391
1,761.242
EXPENDITURE ON
Roising funds
729,215
90,129
819.344
576,506
Charllable actlvNle$
Animal centre cos15
Govemance costs
1,308,530
23.172
98.6(X)
1,407,130
23,172
1,109,326
14.302
Other
10
173,5381
173,5381
Tolal
1,987,379
188,729
2.176,108
1,7(y),134
Net gains on investments
70.289
70,289
55,211
NEf INCOAIE/(EXPENDITVRE)
rran5f•rs b•t4¥een funds
1321.7601
188,9611
31.332
88,961
1290,4281
116.319
23
Net movem•nt In funds
1410,7211
120.293
1290,4281
116.319
RECONCIUATION OF FUNDS
Tolol funds broughl fofwud
3,316,445
1,983,018
5.299.463
5,183,144
TOTAL FUNDS CARRIED FORWARD
2,905.724
2,103.311
5,009,035
5,299,463
Ihe notes lom port of these finoncial statements
Poge 12

THE ROYAL SOCIEfY FOR THE PREVENTION OF
CRUELTY TO ANIMALS . LEICESTERSHIRE.
PETERBOROUGH & RufLAND IRANCH
bALANCE SHEEr
31 Decemb•r 2024
2024
2023
0$ resfoted
Notes
FIXED ASSErs
Tongible ossels
Inve51ment5
16
17
2.406,987
1,049.012
2390,465
940,764
3.d55,999
3,331,￿9
CURRE14T ASSETS
stocks
Deblo
Cash al bank
18
28,757
1.019,909
701.414
38,200
1.177.265
851.924
1.750.080
2.067,389
CREDITORS
Amounls falling due within one yeor
1197.0441
199.1 SS)
NEY CURREN[ ASSET5
1.553,036
1.968,234
TOTAL ASSETS Less CURRENI UABILITIES
5.(KV.035
5,299.463
NEf ASSETS
5,(K)9,035
5,299A63
FUNDS
UnTe51ricled fund5
Reslricled funds..
Wooclside Veterinary Centre- Rvnning Cos15
Woodside Veterinary Centre
Peterborough Bronch
2.905.724
3,316.445
805,488
940.327
357.496
753,678
989,724
239.616
2,103,311
1.983,018
TOTAL FUNDS
5.009.035
5,299A03
The fina
cial statemenls w&re opproved by the B¢ord of Trvslees and aulhorised for issve on
. ond w?re signed on its behalf by.
Mr C Acton- Tru51ee
Mr S Kinchington- TFvslee*
The note5 lomi part ol these linanciol slatemenls
Page 13

THE ROYAL SOCIEfY FOR THE PREVENTION OF
CRUELTY TO ANlhlALS'. LEICESTERSHIRE.
PETERBOROUGH & RUTLAND BRANCH
CASH FLOW STATEMENT
For The Year Ended 31 Decembw 2024
2024
2023
as
resloted
Nole5
Cash flows trom op•roNng ocllvNles
Cash generol8d from operations
169.5831
124.520
Net cash Iu5ed inllprovided by operoling activitie5
(69.5831
124,520
Cash IIow5 from Invesling Ocl￿1￿0$
Purchase of longible fixed assets
Pvrchose of fixed asset investmen15
Sale ol tongible fbxed Ossets
Sole of fvLed asset investments
Interest received
Divider)d5 received
169.6921
1347,9051
1,294
286.572
5.272
20,158
139.1041
1246.2301
5.250
238.735
4,469
25.169
Net cosh used in inve5tirvJ aclivilies
1104.3011
Cash ffiows Irom fIn￿cIng octfvlll•s
Unrealised k)ss on investing acllvllSes
23.374
133,2181
Nel cash provided byllused in) financing activitie5
23,374
133,2181
Chonge In cosh and ¢05h eqvfvalents In
the repothng pèrfad
Cash and cash eqvlvolenls al Ihe
be9lnnlng of the reportlng period
1150.5101
79,591
851.924
771333
Cash and cosh eqvlvalents at th• •nd ol
the repowling perlod
701.414
851.924
The notes lom part of these finonciol 51olemenls
Poge 14

THE ROYAL SOCIEfY FOR THE PREVENTION OF
CRUELTY 10 ANIMAL5 . LEICESTERSHIRE,
PETERBOROVGH & RullAND bRANCH
NOTES TO THE CASH FLOW STATEMENr
For The Year Ended 31 De¢embw 2024
RECONCIUATION OF NEf {EXPENDITURE)IINCOME 10 NEf CASH FLOW FROM OPERATING ACTIVITIES
2024
2023
as
restoted
Nel l•xp•ndllvre)Ilncom• forthe reportlng p•rfod las per lh•
stolèmènt ol Fln¢n¢lol A¢llvSlle$)
Adjustment5 tor
Depreciolion charges
Goin on investmenfs
Profil on di5posd of fixed as5els
Inlerest received
Dividends received
Fixed asset correction Credit
Decrease in stocks
Decreaselliricreosel in debtors
Increase in creditors
1290,4281
116,319
126,708
170,2891
11,2941
15,2721
120,1581
173.5381
9,443
1 $7,356
97,889
111939
121.9931
14.5011
14,4691
125.1691
717
178.9291
29.606
Netr eosh (used In)Iprovlded by operolions
169,5831
124,520
ANALYSIS OF CHANGES IN NET FUND$
Ati.1.24
Cosh flow
A131.12.24
Net cash
Cash al tsjnk
851,924
11 50,5101
701.414
851,924
1150.5101
701,414
Total
851.924
1150.5101
701,414
The note5 form part ol these finoncial slolemenls
Poge IS

THE ROYAL SOCIEYY FOR THE PREVENTION OF
CRUELTY TO ANIMALS: LEICESTERSHIRE,
PETERBOROUGH & RUTLAND BRANCH
NOTES TO THE FINANCIAL STATEMENTS
For Year Ended 31 Dec•mber 2024
ACCOUNTING POLICIES
Bos55 of preporfn9 Ihe flnanclol stotemenls
The financiol 5talemgnls of the charity, whlch is a pubfic benefil entity under FRS 102, have been
prepared in accorclonce wilh the Chorilies SORP IFRS 1021 'Accounling ond Reporting by Charities..
Slotemenl ol Recommended Practice applicoblg lo ch(7ri1ie5 preparing Ih&ir accoun15 in accordonce
with the Financial Reporting Slandard opplicoble in the UK ond RepvtAic ol Ireland IFRS 1021 (effective
l Jonuary 20191,, Finonciol Reporting Stondord 102 Yhe Financiol ReFX)rting Slondord applicable in the
UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been propoied
under the historical cost convention. with the exceplion ol investments which ore included at morkel
volue, 05 modifiod by the revaluation of certain a55els.
The chority's functional ond presenlcrtional ¢wency 15 GBP rounded lo the nearest pound.
Golng conc•m
As al the point of avlhorising Ihe occounts, and for the foreseeable future, Ihe Iruslees consider Ihe
going concem assumption to still be appropriole. The Iruslees acknowtedge Ihol given thè currenlty¢
ropidty chonging bv5iness and sociol environment, there ore likety lo be significant unknown factors
which may present themselves. Svch laclors are considered by the Iruslees to represent a general
inherent level of risk in relation to the going con¢em o55vmplion alb&il not quanliffable al Ihis lime.
Incorne
All income 15 recognised in the Slolemenl of Financiol Aclivilie5 once the chority hos enlillement lo the
nds. it is probable that the income will be receive(l and the C*1￿￿1 con be measured reliobty.
Lega¢Ee3
Income from legocie5 is accounlecl tor onty when the fomowing conditions have been m&1=
Tho Bronch has been lormdly notified Ipriu lo Ihe bolonce sheet dole) that an omounl is due., ond
- There musl also be o ie050nable certoinly thal the amount VAII be received.- and
The amount musl be capable of being reasonab￿ quantif￿1 prior lo finalisolion of Ihe ovdit.
Gllls In Klnd and InfrJnglbl• Income
Assets donated lo the Branch lor 115 own use CTe recognised 0$ incoming resources when receivable
ond ore record&d ol estimated market value ol the time of receipt. Donation5 of animal food ar$
included in the Slotemenl of Finonciol Activities bosecl on an estimate of the annual consumption
requirements ol the Bronch.
In respect of goods donoled lor scle through the Charity shops, income is recorded onty ol the lime
when Ihe goods ore s01d.
The Bronch r&¢eives significonl amount5 of assislonce in the form of OU￿110ry and Yolunleer help. It is
nol possible lo value in mon&lary terms the extent of this as&slonce and accordingty. the intangible
income Is not included in the Statement of Financial Aclivilies.
Gmnts
All grants receivoble are included in the Statement of Financial Aclivilies. wre5peclive ol whether they
relate lo the acqui5ilion of fLxed assets. or conlribute lo the operating c0515 of the Branch.
The BTanch pijys an annual grant lo Ihe Regional Office ol the RSPCA in order lo as5151 wth the
PTomotion of the objectives ol the Branch over an extended gÈogTaphical orgo.
Page 16
continued...

THE ROYAL SOCIETY FOR THE PREVENTION OF
CRUELTY TO ANIMALS . LEICESTERSHIRE.
PETERBOROUGH & RUTLAND BRANCH
NOTES TO THE FINANCIAL STATEMENfs - c¢)nllnu•d
For The ye￿ Ended 31 Decembw 2024
ACCOVNTIMG POLICIES- conllnved
Exp•ndllvre
Liobilllies are recognlsed os expencliture as soon os there is a legal or conslructlve obligalK)n
committing the Chority lo that expenditure, il Is probablo that o Ironsler ol gconomic benefils will be
r8quir8d in salllsmenl and Ihe omount of th8 obfigalion con be meosured reliobty. Exp8ndilvre is
accovnled for on an aeerua15 basis and ha5 been classified under headings that aggregate all cosl
related to the colegory. Where c05t5 cannot be directty allribuled lo particulcw headings they have
been olocoled lo oclivilies on a basb consislenl wilh the v$e ol resources.
Allocaflon and apporllonm•nl of cosls
Costs linclvcfing Irrecoverable VAT inpvl taxl ore amocaled between the relevant acllvilles calegorfes
0$ loll¢ws'.
Roisng fvnds includes all costs directly related lo the operation of the Branch's charity sh¢Jps and all
other fvndraising aclivilies.
Animal c6ntre c051$ include al expendilura direclly related to the operation of the Woothide Animal
Centre.
Goveman¢e C￿lS includo oll expenditure Telaled lo Ihe generol rvnning of the Bronch Ihol ore not
directly related lo either fundroising, or the running of Ihe onimal cenlre.
Tonglbl• fix•d a39•ts
Depreciolion is provided al the lollowng ontwol roles in order lo vhile off eoch osset over it$ e$*moted
Useful life.
Fieehold property
Flxluros ond fitting$
Motor velNcle5
Complrter equipment
IO% on cost ond 2% on c05t
on cosl and l 0% on cost
25% on cost
20% on cost
sto¢k$
stock5 are vdued at Ihe lower of cost and net realisable volue, after making du8 allowance for
obsolete and slow moving ilerns.
Cost is delemiin8d ￿1r0 the FIFO mèthod.
Taxalkni
The charity is exempl from lax on ils choritable oclivities.
Fund occounllng
UNe51ricled funds con be v5ed in aecordanee with Ihe charitable objectives al the a15CTetion ol the
trustees.
Reslricled furKls con only be vsed lor pcKtriculor restricted pvrposes wilhin Ihe objed5 of the charity.
Restrictions orise when speclfied by Ihe donor or when fund5 are raised lor particular restricted
pupose5.
Further explanation ot Ihe nature and PLffpose of each fund is included in Ihè notès to thè financiol
stotements.
Penslon ¢osls ond other post-vdremenl beneffts
The charity operate5 a defined contribution pension scheme. Conlribvtions payoble lo Ihe Charity's
pery%ion scheme ore charged lo the Sto*emenl ol Financial Activities in the period lo which they relate.
Page 17
continved...

THE ROYAL SOCIETY FOR THE PREVENTION OF
CRUELTY TO ANIPélAiS . LEICESTERSHIRE.
PETERBOROUGH & RUTLAND BRANCH
NOTES 10 THE FINANCIAL STATEMENTS - contlnued
For The Year Ended 31 December 2024
ACCOUNTING POUCIES- conllnu•d
Investff*nts
Inv&slmenls ore included in the flnoncial 51alements ol the lower ol Ma￿et value atr the balance sheel
dote and nel r8alisoble value - where thls repre5en15 a permanent diminution in volve. Goins and
1055es on disposol ond revaluation ol irnveslments ol the bolance sheet dole ore charged or credited to
Ihe Slolemenl of Financiol Activities.
The Branch's main investments lake the fom c>f stocks and shores listed on o recognised stock
exchonge and are therefore Subject lo potentiolly signiliconl and vnprediclable flucluolions in value.
DONATIONS AND LEGACIES
2024
2023
as
reslaled
Donations
Legacios
Gronls
Svb5criptions, cdleclion5 and appeols
60,733
346,259
3.421
154,650
358.907
210.803
18.CQO
173,042
565.063
760,752
Included in Ihe above is £928.957 12023= £982.9661 in respect of legacies notified to the Branch. bvl
receivoble after th& balance Sheet dale. These have been included 05 income for the year in ord6T to
comply with fhe requirement5 of Charity SORP IFRS 1021. The Management Committee would wsh to
emphasise Ihot whi151 the legacies comprise a major element of the Branch's iever)ue, they ore
inherently vnprediclable as lo both the exlenl and tiff*ng of receipt.
Subscriptions. donolions and collections include £15.00012023: £10.(K)01 in respect of donoted animal
food. which hos been e51imaled from the annual consumption requirements of the Branch.
Grants received, included in the obove, ore 0$ follows..
2024
2023
as
reslaled
other gronts
Other grants
18,OCQ
3,421
3,421
18,000
Page 18
continued...

THE ROYAL SOCIETY FOR THE PREVENTION OF
CRUELTY TO ANIMALS: LEICESTERSHIRE.
PETERBOROUGH & RUTLAND BRANCH
140TES TO THE FINANCIAL STATEMENTS - contlnued
ForThe Yeor Ended 31 December 2024
OTHER TIADING AcTrvmES
2024
2023
os
Teslated
Fundraising &ven15
Shop income
Wood5ide shop Sales
66,815
571,645
134,608
62,044
437,328
148,264
773.068
647,636
INVESTMENT INCOME
2024
2023
os
restated
Rents received
Dividends received
Deposit occounl intefesl
9,703
20,158
5.272
10,036
25,169
4.469
35,133
39,674
Included in investment income obove are rents recewoble from related porties amounting lo £9.703
12023.. £10.0361.
INCOME FROM CHARrrABLE ACTivifiES
2024
2023
0$
redaled
Activity
Animol sdes and cloims
Operolion of animol cenlre
Boarding fees and 5Lmdrie5 Operolion ol onimol Cenlre
Pel insurance commission
Operotion of animal c8nlre
Sole ol drugs ond
medicines
75.361
121926
24.787
94,163
109.570
23,507
Operolion of onimal eenlre
219.053
85.940
442,127
313,iet>
Included in boording fee5 obove are fee5 receivable from related Fx]rtie5 crnounling lo £122134 12023..
£103,592).
Included in drug5 and m9d1¢S￿5 obove c¥e lees recelvable from r61oted partie5 amounting to £33,374
12023.. £41,174).
Included in lundroising obove are fees receiv0b￿ from rdaled potthes amovnling lo £1,120 12023:
£1.3841.
Page 19
continued...

THE ROYAL SOCIETY FOR THE PREVENTION OF
CRUELTY TO ANIMALS: LEICESTERSHIRE.
PEfERBOROUGH & RUTLAND BRANCH
NOYE5 TO THE FINANCIAL STATEMENTS - ¢ontlnuod
For7he Yeor Ended 31 December 2024
RAISING FUNDS
Rolslng donallons ond1•gacles
2024
2023
0$
Teslaled
Sloff costs
Rates and woler
Insurance
Light and heat
Telephone
Posloge and 51ationery
SundTTes
Purchose of good5 lor resale
Fundroislng events
Shops. travelling expenses
Shop rents
Shops, repairs ond mainlenonce
Shops, bonk ehc¥ges
Shop5, cleaning costs
Fundraising cosls
Dilopidolion5
Depreciation
Support cosls
449.737
9.205
4,800
20,011
4.733
1.290
20.980
132.890
16,018
5,564
84,735
21.008
14,715
13.160
305,521
7,764
2.859
11.878
4,674
14,677
120,040
17.618
4,055
63.103
8.074
9,553
7.392
6.523
3.799
819.344
576,Y)6
CHAltnABIE ACTIVITIES COSTS
Direct
C051s (see
nole 81
Suppcrt
costs Isee
note 91
Totafs
Anlmal centre cosls
Govemonce cosls
1,350.4(19
56.721
23.172
1,407.130
23,172
1,350,409
79,893
1.430,302
Page 20
continued...

THE ROYAL SOCIETY FOR THE PREVENTION OF
CRUELTY TO ANIMAL5 . LEICESTERSHIRE.
PETERBOROUGH & RUTLAND BRANCH
NOTES TO IHE HNANCIAL STATEMENTS . conlIn￿d
For The Year Ended 31 December 2024
DIRECT COSTS OF CHARItABLE ACTIVITIES
2024
2023
as
reslaled
stoff cosls
Rotes and woter
InSurc￿ce
ghl and heol
T&lephone
Advertising and public relations
Sundrie5
Slaff tr(ining
staff uniforrns
Motcrf ond trovel
Drugs, medicines and consLmobles
Veterinary fees
Animal food
Notionol neutering Scheme expenses
Repair5 and rTh]inlenance
Cleaning expenses
Printing and stolionery
Bank chorge5
Conleen
Computer support and W&b d&v8lopm&nl costs
5e¢urity costs
Exfemal boarding costs
Dog grooming expendilvre
Depre¢iolion
L05s on sde of assef5
719.487
6.432
3.25
48,785
9,537
10.109
541.814
2.236
6.906
41,422
9,140
7,216
14,373
16.798
2,249
15,929
65,730
19,287
19.687
282
54.498
41.168
8.857
3,646
3,080
31,788
3.070
3,134
286
109,140
14,5011
4,238
3.949
11,804
62,778
166.355
31,459
51.873
45.370
9.166
1,539
32.71 6
3.694
119,315
11,2941
1250.409
1.017,235
The Branch participate5 in the national scheme lor neutering stray ¢Mwanled onimols. Th& costs
shown above ol £nil12023'. £2821.
Ihe Bronch is incPJdecl in a group insuionce scheme whlch Is calculated on o notional basis for al
aclivilies under the umbrello of the RSPCA. In oddilion, the Bronch ocquires a range of goods and
servi¢e5 from RSPCA He*odquarter5 lin¢LJding drvgs ond medicines) ond 05 resvll beneflls from reduced
costs overall du& to th& canlral bulk pvrchosing. The total costs r&chorged lo the Bronch by RSPCA
Heodquorters during the yeor ond included in 'Animol Cenlre rvnning c0515" above amounted lo
£6,81712023'. £8.4011.
Animal Centre runn¢ng costs includes payments arisiro under opefaling leases lor vehicles ond
gquipm&nl omounling tg £2,98612023- £2,￿5].
Page 21
continued...

THE ROYAL SOCIEfY FOR THE PREVEIIFION OF
CRUEITY TO ANIMALS .' LEICESTERSHIRE.
PETERBOROUGH & RvfLAND BRANCH
NOTES TO THE FINANCIAL SIATEMENTS - Contlnued
For The Yeai Ended 310ecember 2024
SUPPORT COS7S
Governanc
co$15
Raising donolions and legacies
Animal cenlie cost5
Governance costs
6,523
56,721
23,172
86,416
Support costs. included in the above, are os follows:
2024
2023
os
restated
Roising
donotions
and
legacies
A￿M01
centre
cos15
Govemonce
costs
Tolol
cctivilies
Total
activities
Auditors, remun8rotion
Investmenl M(￿09emernt
lee5
Legal and prolessionol
lees
HR and payToI processing
costs
Conlribvlions to Reglon
HQ18gacy monogement
fees
14.090
14,090
15,C(X)
9.082
9.082
10,302
39.594
39.594
52,235
7.886
7￿86
21,337
551
6.523
9,241
15,764
6.968
6.523
56,721
23,172
86,416
106,393
io.
OTHER
The financiol stotements show o nel credit lo the Slatemenl of Financial Aetivili85 totoling £73.539. Thif
frK)s orisen on revw ond reconciliation ol the deloiled fixed asset register lo the amounts recognised
on the bdcnce Sheet. Note 15 of the financial statements highlights the adjustment required lo the cost
and deprecialion acr05S the various cl￿seS of assets lo bring this in line with iéentilioble assets per Ihe
iegisler.
AUDITORS. REMUNERATION
2024
2023
os
re5toted
Fees payable to the charitvs ouditors lor the oudil of the chorifys
financial slalements
14.090
15.000
Poge 22
e¢)nlinued...

THE ROYAL SOCIETY FOR THE PREVENTION OF
CRUELTY ro ANIMALS . LEICESTERSHIRE.
PEfERBOROUGH & RUTLAND BRANCH
NOTES TO THE FINANCIAL STATEMENTS - contlnv•d
For The Y•ar Ended 31 December 2024
12.
TRUSTEES. RE4IUNERATION AND BENEFITS
There were no Iruslees. remuneration or C*lher benefits for the year ended 31 December 2024 nor for
the yeor ended 31 D8cember 2023.
Trvste•s' •xp•ns•s
There were no Iruslees, expenses paid for the year ended 31 December 2024 nor fu Ihe year ended
31 D￿erT￿er 2023.
Expenses were ielmbursed to members of the Monagement Committee provlded below.TTavelllng
eypenses amounting lo £Nil12023.' £Nill.
13.
STAFF COSTS
2024
2(Y23
05
resloled
Woges ond sdories
Social security costs
Othei pension costs
1.071.242
77.779
20,203
780.309
52,766
14,260
1.169,224
847,335
The average monthly number of employees during the yeorw05 05 follows-
2024
2023
os
reslaled
45
Slaff
58
Ihe number of empbyees whose employee benefits lexcluding employer pension coslsl exceeded
£60.((X) wos..
2024
2023
0$
restated
£70.(M)1 . £80,000
14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestrieled
nd
Restricted
fund5
Total
funds
as reslaled
INCOME AND ENDOWMENTS FROM
Donulion5 ond legacies
453,833
306,919
74SO,752
Char*able (xmvllies
Operation of animd centre
234,723
78.457
313.180
other Iroding oclivilies
Inve51m&nl income
647,636
39,674
647,636
39,674
Total
1.375,866
385,376
1,761242
Page 23
continued...

THE ROYAI SOCIETY FOR THE PREVENIION OF
CRVELTY TO ANIMALS- LEICESTERSHIRE.
PEfERBOROLIGH & RufLAND BRANCH
NOTES TO THE FINANCIAL STATEMENTS - contSnued
For The Ye¢r End•d 31 Decemb•r 2024
COMPARATIVES FOR THE STAIEMENT OF FINANCIAL ACTMTIES . conllnued
Unre51ricled
fund
Reslricted
funds
Tolol
funés
as reslaled
EXPENDItURE ON
Roi5ing Ivnd5
487.258
89,248
576,506
Charltable acllvllles
Animal centre cos15
Govemonce c0515
1,006,012
14202
103,314
1.109.326
14.3Q2
Total
1,507,572
192,562
1.700.134
Nel gains on investments
55,211
55,211
NET INCOME/(EXPENDITURE)
TronsleT5 between funds
176,4951
192814
134
116,319
mov•menl In fundj
176,6291
192,948
116,319
RECONCIUATION OF FUNDS
Tolol funds brought foTward
3,393.074
1.790,070
5,183,144
TOTAL FUNDS CARRIED FORWARD
3,316.445
1,983,018
5.299.463
15.
PRIOR YEAR ADJUSTMENT
To beller represent the nalure of the reyaknolion of investments. o rgclossrfication has token ￿ace
between Provisions on investments and investment morkel volue. £23,300 ha5 been reaHocated from
provisions within the fixed asset investment note lo Mo￿et value within the same note. There hos been
no impact on deficil or nel assets.
To better represent tha nalure of Income. some reclossilicotions have token place between donolion5
and charilcknle activities. £7,433 ha5 been reollocal&d from donotion5 to choriloble oclivilies. There has
been no impocl on the deficit.
Page 24
conlinved...

THE ROYAL SOCIETY FOR THE PREVENTION OF
CRUELTY TO ANIMALS: LEICESTERSHIRE.
PETERBOROUGH & RufLAND BRANCH
NOTES TO THE FINANCIAL STAT&VIENTS - contlnuod
For The Year Ended 31 December 2024
16.
TANGIBLE FIXED ASSETS
Fixlure5
and
fittin95
Freehold
property
Motor
vehicles
Computer
equlpment
ToloL4
COST
Al l January 2024
Additions
Disposals
Rec1th5fficolitsn
3.382738
1153
267,009
57,444
11.4631
1147.1971
43,977
197,647
10.095
3.891.371
69,692
12.3631
1221,9231
19001
174,7261
At 31 December 2024
3,384.891
175,793
43.077
133.016
3.736.777
DEPRECIAfioN
At l Jonuary 2024
Charge for year
Eliminated on disposal
Recla55iffcalionltran51er
1,125,090
67.366
216,277
28.029
11,4631
1154,2201
32,288
4,709
19001
127,251
26,604
I,SC￿,906
126,708
12,3631
1295.4611
170,7141
170.5271
Al 31 December 2024
1.121,742
88,623
36,097
83,328
1.329.790
NET BOOK VALUE
Al 31 December 2024
2.263.149
87,170
6.980
49,688
2,406,987
Al 31 Decerrt)er 2023
2,257.648
50.732
11,689
70.396
2.390.465
As méntioned in nole 10, the financial statements show o net credit lo the Slolemenl of Financial
A¢livitie5 lotdling £73,538. Tris ha5 aiisen on review ond reconciliolion of the detailed fixed asset
register lo the amoun15 recognised on the balance sheet. The fixed asset cost hos been reduced by
£221,923 and the accumuloted depreciotion redvced by £295,461 lo acoJralely reflect the cost and
depreciot￿n ocross the vorious classe$ of ossets ond bring this in Ine with Identifiab￿ assels per the
regi51eT.
17.
FIXED ASSET INVESTMENTS
Ltsled
investment5
Unli51ed
inveslmenls
Totals
laARKET VALUE
At l Jonuary 2024
Addilion5
Disposa15
Revolvalion5
938,764
347,905
1216.2831
123,3741
2,0
940.764
347.905
I216,2￿}
123,3741
At 31 December 2024
1,047.012
1.049,012
NET KIOK VALUE
At 31 Oecember 2024
1.047.012
2,WO
1,049,012
Al 31 December 2023
938,764
940.764
Therè wèr& no invèstmènt osset5 outside the UK.
Poge 25
conlinved...

THE ROYAL SOCIETY FOR THE PREVENTION OF
CRUELTY TO ANIMALS- LEICESTERSHIRE.
PETER8OROUGH & RUtLAND BRANCH
NOTES TO THE FINANCIAL STATEMENfs - conllnu•d
For The Yeor Ended 31 December 2024
FIXED ASSET INVESTMENTS- conllnv•d
The Investment portfotio is held by RBC Brewin Dolphin who manage Ihe portfo￿0 on beholf ol Ihe
Bronch. The Monagem&nt Committee Sel overoll inveslmenl F)olicy wP4ch is reviewed on on annual
bosis. Indiyiduol inve51menl decisions are detgrmined (]nd implemented by RBC Brewin Ddphin on their
own inilialive within Ihe overoll inyestment ond risk profile. The investments ore included in Ihe
financial slatèmenls ot their open market valve al the balonce sheet date. Change5 in volves for
investments are recognised in the Stolement of Finonciol Activilie5 as'hel gains/llos5esl on inveslmenls".
The Mc7nagemenl Committee wsh to empha515e. that the market valuès ol the invèstmènts orè subject
to variotion on a doily bosis. The value ot investments can go down as well as up.
As at 31 December 2024 the original cost of the inve51men15 was £897.92812023: £764.5271.
18.
STOCKS
2024
2023
a5
re5toled
Goods for resale
Dnjgs, medlcines, con5umable5 and idenlichip blonks
14.378
14.379
16,390
21.810
28,757
38.200
19.
DEBTORS: AMOUMYS FALUNG DVE WITHIN ONE YEAR
2024
2023
as
re51ol8d
Other debtors
Legacy income receSvoble
VAT
Piepcrymenls ond occnJ8d income
6,805
928,957
25.619
58.528
39.506
982,966
10,442
144.351
1,019.909
1.177,265
Page 26
conlinved...

THE ROYAL SOCIEfY FOR THE PREVENTION OF
CRUELTY TO ANIMALS . LEICESTERSHIRE.
PETERBOROUGH & RiffLAND BRANCH
NOTES TO THE FINANCIAL STATEMENTS - contlnv•d
For The Year Ended 31 D•¢gmb•r 2024
20.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
os
reslaled
Trode creditors
Sociol security and other loxes
Other Creditors
119,310
38,023
39,711
57,048
13,737
28.370
197.044
99,155
21.
LEASING AGREEMENIS
Minimum lease paymenls vnder noTrconcellable operating lease5 fdl due as follows..
2024
2023
05
re5toted
Within one yeor
Between one ond five y&aTS
92,866
236,466
39,944
17,830
329,332
57,774
22.
ANAIYSIS OF NEI ASSEfs BEfwEEN FUNDS
2024
2023
a5
restoled
Total
funds
Unrestrieled
fund
Restricted
funds
Tolol
funds
FYx8d ass&ls
Investments
Current assets
Currenl fiabilties
1,439.938
374.413
1.288.418
1197.0451
967,049
674.599
461.662
2.406,987
1.049.012
I,7￿.080
1197,0441
2,390.465
940.764
2,067.389
199,1551
2.905,724
2,103.311
5,009,035
5.299,463
Poge 27
conlinved...

THE ROYAL SOCIEfY FOR THE PREVENTION OF
CRUELTY TO ANIMALS .- LEICESTERSHIRE.
PEIERBOROUGH & RUTLAND BRANCH
NOTES TO THE FINANCIAL STATEMENTS - continv•d
For The Year Ended 31 December 2024
23.
MOVEMENT IN FUNDS
Nel
movement
in lund5
Tron5fers
between
funds
Al
31.12.24
Al 1.1.24
Uni*$lrf¢led lund5
General fund
3.316,445
1321,7601
188,9611
2.905,724
Restrlcled funds
Wood5ide Velellnory Centre- Running
C0515
Woodside Velerinory Centre
Peleiborough Br¢Jnch
753.678
989.724
239.616
52.823
122.2341
743
805,488
940.327
357,496
127.1631
117,137
1.983,018
31,332
88,961
2.103.311
TOTAL FUNDS
5.299,463
1290,4281
5,009,035
Ng1 movement in funds, included in the above are as folbws:
Incoming
resources
Resources
expended
Goins ond
10s5es
Moverrenl
in funds
Unrmlikl•d fvnds
General fund
1.595,330
11.987.379)
70.289
1321.7601
Restrlcl•d lunds
Woodside Velorlnory Centre- RunnirvJ
C051s
Woodside Veterinary Cenlre
Pelerborough Branch
219.318
1166.4951
1222341
52,823
122.2341
743
743
220,061
1188,7291
31.332
TOTAL FUNDS
1.815,391
12,176,108)
70,289
1290,4281
Page 28
continued...

THE ROY AL SOCIETY FOR THE PREVENTION OF
CRUELTY TO AN1￿Ls. LEICESTERSHIRE.
PETERBOROVGH & RUTLAND BRANCH
NOTES TO THE FINANCIAL STATEMENTS . contlnued
F¢r The Year Ended 31 December2024
23.
MOV&MENT IN FUNDS- conllnv•d
Compaialfv•s for mov•menl In funds
Nel
movement
in ￿ndS
TTan5fers
between
funds
At
31.12.23
Ati.1.23
Vnrèstrkt￿ funds
General fund
3.393,074
176,4951
11341
3.316.445
IE¢sM¢led funds
oodside Veterinary Centre- Running
Costs
Wood5ide Velerinary Centre
Pelerborough 8ranch
812.665
977,405
171.9571
110.9791
275,750
12.970
23,298
136,1341
753.678
989,724
239,616
1,790.070
192,814
134
1,983,018
TOTAL FUNDS
5,183,144
116,319
5.299.4&3
Comparative net movement in ￿nds. included in Ihe obove are a5 lolow5-
Incoming
Tesovrces
Resources
expended
Gains and
losses
Mov&mgnl
in fvjnds
Unreslrfcted funds
Genorol fund
1,375,866
11.507,5721
55.211
176,4951
Resliicled fvnds
Wood5hle Veterinary Centre- Running
Costs
Woodside Veleiinary Centre
Pelerborovgh Brcnch
109.626
1181,5831
110.9791
171,9571
110,9791
275,750
275,750
385,376
11925621
192.814
TOIAL FUNDS
1,761,242
11.70),1341
55.211
116.319
Woodskle Veterfnary Centre
At the start of March 2021 bvilding work commenced on o new velefinary suite ond work was
completed during 2022. The majority of Ihe funding lor the vet sute Come from large legacies Ihal
were left to the charity so 05 to provide funcllng for th8 project and to provhle income for ongoing
tunning costs.
A fixed asset fund wa5 e5fabli5hed lo reflect the crying value of th$ b￿lding distinct from the income
ond expenditure in relation lo the ongoing running ol the vet 5uiIe.
Pelerborovgh B￿nch
During 2023 the branch took over the aclivitTes of the RSPCA Peterborough Bronch ond the funds
remaining in the branch bank accounts were transferred over and form the bvlk of the remair)ing fund
afteT dedvcling related expenditure.
Page 29
continved...

THE ROYAL SOCIETY FOR THE PREVENTION OF
CRUELTY TO ANIMALS.. LEICESTERSHIRE,
PETERBOROUGH & RUTLAND BRANCH
NOTES TO THE FINANCIAL STATEMENTS - conllnv•d
For The Year Ended 31 December 2024
RELATED PARTY DISCIOSURES
e Branch operoles within a national network of sepaTolety Tegislered charitable orgjnisalions that
pursu& thè same objectives and which are known collectNe￿ 0$ Ihe Royal 5ociefy foT Ihe PTevenlion ol
Cruetty lo Animals. The network comprises o 'bronch" slruclure, with each bronch operoling wthin o
defined gaographicol oreo for the purposes of ftjndraising and the provislon ot onimol care locililies
and treotments. A regional slruclure also exis15 that is overs88n on o notionol b￿1$. Triis stwclvrg
provides a team ol speciolisl Inspe¢tors ond co-ordinale5 the poficies and objectives of the branche5,
Represenlalwes of the bronch&5. regional and national organi5alions meet on an annuol basis as a
forum lo Consider al i5sves affecting animal welfore and lo dgvglop policies for the ￿tUre pursvit of
their common oims.
The gronch a150 has lin￿ with other organisotions commilled to Ihe some objeclives.
In the opinion of lhe Manogemenl Committee Iwhlisl aCkn￿￿edging the structure within which th
Bronch operalesl the Leicesler5hire. Peletborou9h & Rulland Bronch Is on independent orgonisotio
and is theTefore not Under the control ol ony other entity.
25.
POST BALANCE SHEEI EVENTS
After the year end, Ihe chority RSPCA Lelceste￿hlre, Pelerborough & Rutland Branch Set up a *rading
5ubsidiory colled RSPCA Woodside Tra￿n9 Limited in May 2025. The Irode ol Ihe shops ond vet centre
hos been tronsferred lo the subsidiary compony, thorefore leaving the chaiilable aclivilies Wthin the
RSPCA Leicestershire, Pelerborovgh & Rvlland BTonch.
Page 30

THE ROYAL SOCIETY FOR THE PREVENlloN OF
CRUELTY TO ANIMALS .' LEICESTERSHIRE.
PETERBOROUGH & RUTLAND BRANCH
DETAILED STATEMENT OF FINANCIAL AciivmES
For The Year Ended 31 December 2024
2024
2023
0$ restoted
IMCOME AND ENDOWMENrs
DonaNons and l•go¢l•$
Donolion5
Legacies
Gronls
Svb5criplions. collection5 and appea15
60.7
346,259
3,421
154.6Xt
358.907
210.803
18.000
173.042
565.0
760.752
othw hadlng actfvWb•s
Fundraising &v¢nt5
Shop income
Woodside Shop sales
66.815
571.645
134,8)8
62,044
437,328
148.264
773.068
647.636
Inv•ilm•nl Incom•
Rents receNed
Dividends received
Deposil occount interwl
9,703
20.158
5.272
10.036
25,169
4.469
35.1
39,674
¢1￿1110b1* ¢¢liYHI•s
Animol soles and cloin
Boarding lees and sundries
Pel insurance commission
Sole of dwgs and mediclnes
75,361
122,926
24,787
219,053
94.163
109.570
23.507
85,940
442,127
313,180
Total Incomlng resovrces
1,815.391
1,761.242
EXPENDJTURE
Ra151ng donallons and legacles
Wages
Sociol securlty
Pensions
Rates ond water
In5uronce
ghl and hèat
Telephone
Postage and statior￿ry
Sundries
Carried forward
412.990
29,033
7.714
9,205
4.8QX)
20.011
4,733
1,290
20,980
510,756
283.528
17.168
4,825
7,764
2,859
11.878
4,674
2,880
14.677
350.253
This page does not fDrm part of the slalvtory firKJncial slal&m&nl$
Page 31

THE ROYAL SOCIETY FOR THE PREVENTION OF
CRUELTY TO ANIMALS- LEICESTERSHIRE.
PETERBOROUGH & RlJtLAND BRANCH
DEfAILED STATEMENT OF FINANCIAL ACTIVITIES
For The Year Ended 31 December 2024
2024
2023
as restoled
Rc151ng donallons and legocl•i
Brovghl lorword
Pvrchose of goods fesole
Fundraising events
Shops, Iravelling expansas
Shop rent5
Shops. repairs and maintenance
ShDPS' bonk chorges
Shops, cleorwng c051s
Fundroising cost5
Dilapidations
Shops. depreciotion
510,756
132,890
16.018
5.564
84,735
21,008
14.715
13.160
350,253
120,040
17,618
4.055
63,103
8,074
9,553
6.583
7,392
3,799
812A21
576.506
Chorlt¢ble ocllvllle5
Wages
Social security
Pensions
Rotes ond woFer
In5vrance
Light and heal
T&lephone
Adverli5ing ond publc relations
Sundries
Slott Iroining
Sloll vniloms
Molor ond Iiavel
Owv95, ffledicines and con5umable5
Veterinary fee5
Animal lood
National neutering scham& expenses
Repoirs ond mointenonce
Clecming expenses
Printing and stati¢￿ery
Bank chuges
Canleen
Computer support and Web dévelopment
costs
Securify c05t5
EKlemal boarding costs
Dog gr¢Joming expenditure
Desyeciotion ol tangible fixed g55els
Loss on sale of lowible fvAed assets
658.252
48,746
12,489
6,432
3.252
48.785
9,537
10,109
8.534
4.238
3,949
11,804
62,778
166.355
31,459
496.781
35.598
9.435
2.236
6,906
41.422
9,140
7,216
14,373
16,798
2,249
15,929
,730
19.287
19.687
28
54.498
41,168
8,857
3,646
3,080
51.873
45,370
9.166
1.539
32.716
3.694
31.788
3.070
3,134
286
109.140
119,315
11,2941
I,3￿,40?
1,017.235
Exceplionol items
173.5381
Ihis page does not fonn pcrtr of the slalutory financial stotemenls
Page 32

THE ROYAL SOCIETY FOR THE PREVENTION OF
CRUELTY TO AP41MALS: LEICESTERSHIRE.
PETERBOROUGH & RUTLAND BRANCH
DETAILED STATEMENT OF FINANCIAL ACTIVIIIES
For The Yeor Ended 31 December 2024
2024
2023
os resloled
Support costs
Governance costs
Auditors. remuneration
Investment management f995
Legol ond professional Ipe5
HR aThY payroll proce55ing c0515
Conlfibulions lo Region
HQ legacy mona9ement lees
14.090
15,OCK¥
10.302
52.235
21.337
551
6.968
39,594
7.886
15,764
86,416
106,393
Total re501xces expended
2.176,108
1,700,134
Nel (exp•ndllwel/lncomtr b•l¢r• golns und
losse5
1360,7171
61,108
Reallsed recognlsèd golns and loss
Realised gains/llos5851 on fixed as5el
investments
70.289
21,993
N•1 (•xp•ndllure)fincome
1290.4281
83,101
This page does not lomi part of the slatulory financial slotemenls
Page 33