RSPCA Wyth Sir Branch
Charity No. 225476
Trustees' Report and Unaudited Accounts
31 December 2022
RSPCA Wyth Sir Branch Contents
| Pages | |
|---|---|
| Trustees' Annual Report | 2 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Accounts | 8 to 16 |
| Detailed Statement of Financial Activities | 17 to 18 |
Page 1
RSPCA Wyth Sir Branch Trustees Annual Report
The trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2022.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity No. 225476
Principal Office
RSPCA UsksideBusiness Park Usk Way Newport NP20 2TX
Trustees
The following trustees served during the year:
T. Barnes
P.D. Baxter B.M. Francis C.A. Gunter G.A. Hawkesley C. Lawson D.R. Liles H.S. West
Key Management Personnel
Chair Mr D Liles Treasurer Mr P Baxter Secretay Mrs T Barnes
Accountants
Andersons Accountancy Services Ltd 10 The Cedars Llanfoist Abergavenny Monmouthshire NP7 9LX
Bankers
Co-op Bank 27-29 Commercial Street Newport NP20 1HJ
OBJECTIVES AND ACTIVITIES
The RSPCA Wyth Sir Branch(formerly RSPCA Gwent branch) supports the work and objectives of the National Society and aims to promote animal welfare, kindness and to prevent or suppress cruelty to animals by all lawful means.
Page 2
RSPCA Wyth Sir Branch Trustees Annual Report
The main activity we undertake is fundraising so we can pay towards veterinary treatment, rehoming an animal, foster care, micro-chipping and neutering. We do this by using the voucher scheme. Some of the work we do helps to control the dog/cat population though neutering and benefits the public by giving them financial help, which in turn promotes reasonbale pet ownership.
We support the society's inspectorate and the difficult work they do. They dispense vouchers if an animal is in need and they also provide education, information and advice. The work they do is key to the prevention of cruelty which is part of the objectives of the RSPCS and of course Wyth Sir Branch, which is a moral benefit to the public.
ACHIEVEMENTS AND PERFORMANCE
The trustees continue to look at ways of developing the branch, which enables it, not only to support animals in need, but also support the public. We provide local pet owners, living in our branch area on low incomes and qualifying benefits, with financial support, through our welfare assistance scheme by subsidising the cost of veterinary treatment for sick animals. The total number of animals supported by the branch during the year were
294 Dogs
246 Cats
28 Rabbits and Small Furries During the last year, the branch employed a branch manger to oversee the day to day running of the shops, animal welfare officer and fundraising; as well as planning and developing new services in our area. Our full-time animal welfare officer left this year; this post has now been filled along with an additional part time post; the additional post was created as a result of the branch covering a larger area. The full time animal welfare officer will take on her new role in the new year.
The branch manager is looking at ways the branch can become more directly involved with supporting animals, one suggestion already being looked into, is the branch setting up a cat rehoming scheme, with our animal welfare officers managing the whole rehoming process. Hopefully if all goes as planned the service will be operational at the start of 2023.
The branch animal welfare officer and wildlife casualty volunteers have had a very busy year, assisting animals and members of the public, throughout the branch area and has worked with the national society Inspectorate and Animal Centres on a number of occasions, supporting animals in need.
Despite very difficult trading conditions both Chepstow and Cwmbran shops,continue to bring in regular income to the branch. The Chepstow shop is now well established on the Chepstow high street and the Cwmbran shop has just completed its first year of trading. The branch manager and shop managers are working hard for the branch to continue to receive this valuable income.
On behalf of the committee, I would like to thank all the staff and volunteers, working in the office, our shops and in the community for all the work they have done over the last year. Thanks to them, many animals have received care and support, when they needed it most.
FINANCIAL REVIEW
Total gross income for the year was £428,384, split £371,633 unrestricted and £56,751 restricted. Included in donations was £169,399 from the closure of the Glamorgan (North and East Branch) of this £112,648 was unrestricted and £56,751 was restricted.
Page 3
RSPCA Wyth Sir Branch
Trustees Annual Report
Total expenditure in the year was £266,988, split £254,033 unrestricted and £12,955 restricted. This resulted in a surplus for the year of £161,396 (£117,600 unrestricted and £43,796 restricted.
During the year, the branch received £41,792 (2021 £43,331) from the national Door to Door campaign run by RSPCA HQ.
Income from the shops at Chepstow and Cwmbran was £132,254 (2021 £53,804 Cwmbran opened December 2021)
The branches reserves policy is unchanged from last year and is set at the amount of £100,000 this is equivalent to 18 months running costs, this is reviewed every six months.
PLANS FOR FUTURE PERIODS
We continue to support where needed on a case by case basis the Newport Animal Centre and Cat Rehoming Centre based at Pets at Home in Newport, both are managed and operated by the RSPCA National Society. In 2023 we will continue to have the maximum efficiency in animal welfare now the merger has been completed. During the year we will be starting our own private boarding establishment of 4 PODS to take in kittens and cats for rehoming supported by our cat fostering volunteers.
It is our intention to continue to provide a voucher scheme to provide assistance to members of the public on low income and those animals with no known owner. Along with those animals that request from our inspectorate is sought for our assistance.
Our branch staff will look to build our volunteer base in administration, van driving, shops but also fundraising to maximise income from the wider branch area now. Community engagement is also our priority particularly those most in need who may be struggling to feed their animals.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The RSPCA Gwent branch is an unincorporated charitable association and is a separately registered branch of the Royal Society for the Prevention of Cruelty to Animals, carrying out its direct animal welfare work in the area of the old county of Gwent
Statement of trustees' responsibilities in relation to the financial statements
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the charity's trustees
D.R. Liles Trustee 10 October 2023
Page 4
RSPCA Wyth Sir Branch Independent Examiners Report
Independent Examiner's Report to the trustees of RSPCA Wyth Sir Branch
I report to the trustees on my examination of the financial statements of RSPCA Wyth Sir Branch for the year ended 31 December 2022.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by being a qualified member of FCA/ICAEW.
I have completed my examination. I can confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect:
-
the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Mary Anderson FCA/ICAEW
Andersons Accountancy Services Ltd 10 The Cedars
Llanfoist Abergavenny Monmouthshire NP7 9LX 10 October 2023
Page 5
RSPCA Wyth Sir Branch Statement of Financial Activities
for the year ended 31 December 2022
| Unrestricted | Restricted | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | Total funds | Total funds | |||||||
| 2022 | 2022 | 2022 | 2021 | |||||||
| Notes | £ | £ | £ | £ | ||||||
| Income and endowments | ||||||||||
| from: | ||||||||||
| Donations and legacies | 3 | 239,080 | 56,751 | 295,831 | 54,846 | |||||
| Other trading activities | 4 | 132,254 | - | 132,254 | 53,804 | |||||
| Investments | 5 | 299 | - | 299 | 51 | |||||
| Other | 6 | - | - | - | 26,160 | |||||
| Total | 371,633 | 56,751 | 428,384 | 134,861 | ||||||
| Expenditure on: | ||||||||||
| Raising funds | 7 | 133,379 | - | 133,379 | 108,255 | |||||
| Charitable activities | 8 | 110,445 | 12,955 | 123,400 | 97,387 | |||||
| Other | 9 | 10,209 | - | 10,209 | 9,656 | |||||
| Total | 254,033 | 12,955 | 266,988 | 215,298 | ||||||
| Net gains on investments | - | - | - | - | ||||||
| Net income/(expenditure) | 10 | 117,600 | 43,796 | 161,396 | (80,437) | |||||
| Transfers between funds | - | - | - | - | ||||||
| Net income/(expenditure) before other gains/(losses) |
117,600 | 43,796 | 161,396 | (80,437) | ||||||
| Other gains and losses | ||||||||||
| Net movement in funds | 117,600 | 43,796 | 161,396 | (80,437) | ||||||
| Reconciliation of funds: | ||||||||||
| Total funds brought forward | 138,992 | - | 138,992 | 219,429 | ||||||
| Total funds carried forward | 256,592 | 43,796 | 300,388 | 138,992 | ||||||
Page 6
RSPCA Wyth Sir Branch Balance Sheet
at 31 December 2022
| Charity No. 225476 | 2022 | 2021 | |
|---|---|---|---|
| £ | £ | ||
| Fixed assets | |||
| Intangible assets | 13 | 14,660 | 17,744 |
| Tangible assets | 14 | 22,251 | 27,496 |
| 36,911 | 45,240 | ||
| Current assets | |||
| Debtors | 15 | 1,744 | - |
| Cash at bank and in hand | 295,797 | 105,197 | |
| 297,541 | 105,197 | ||
| Creditors:Amount falling due within one year | 16 | (34,064) | (11,445) |
| Net current assets | 263,477 | 93,752 | |
| Total assets less current liabilities | 300,388 | 138,992 | |
| Net assets excluding pension asset or liability | 300,388 | 138,992 | |
| Total net assets | 300,388 | 138,992 | |
| The funds of the charity | |||
| Restricted funds | 17 | ||
| Restricted income funds | 43,796 | - | |
| 43,796 | - | ||
| Unrestricted funds | 17 | ||
| General funds | 256,592 | 138,992 | |
| 256,592 | 138,992 | ||
| Reserves | 17 | ||
| Total funds | 300,388 | 138,992 | |
Approved by the trustees on 10 October 2023
And signed on their behalf by:
D.R. Liles Trustee 10 October 2023
Page 7
RSPCA Wyth Sir Branch Notes to the Accounts
for the year ended 31 December 2022
- 1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting
-
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
-
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
-
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 8
RSPCA Wyth Sir Branch Notes to the Accounts
Expenditure
-
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT expenditure which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
-
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities charitable activities and services in the furtherance of its objects, including the making of grants and governance costs.
-
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
-
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
-
Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from tax on its charitable activities.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
| useful life: | |
|---|---|
| Motor vehicles | 25% reducing balance |
| Fixtures, fittings and equipment |
15% reducing balance |
Intangible fixed assets and amortisation
Intangible fixed assets (including purchased goodwill, patents and trademarks) are carried at cost less accumulated amortisation and impairment losses.
Leasehold improvements 5% straight line
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Page 9
RSPCA Wyth Sir Branch Notes to the Accounts
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Leased assets
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
Pension costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
Page 10
RSPCA Wyth Sir Branch
Notes to the Accounts
2 Statement of Financial Activities - prior year
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| funds | funds | Total funds | |||
| 2021 | 2021 | 2021 | |||
| £ | £ | £ | |||
| Income and endowments from: | |||||
| Donations and legacies | 54,846 | - | 54,846 | ||
| Other trading activities | 53,804 | - | 53,804 | ||
| Investments | 51 | - | 51 | ||
| Other | 21,561 | 4,599 | 26,160 | ||
| Total | 130,262 | 4,599 | 134,861 | ||
| Expenditure on: | |||||
| Raising funds | 108,255 | - | 108,255 | ||
| Charitable activities | 97,387 | - | 97,387 | ||
| Other | 9,656 | - | 9,656 | ||
| Total | 215,298 | - | 215,298 | ||
| Net income | (85,036) | 4,599 | (80,437) | ||
| Net income before other gains/(losses) |
(85,036) | 4,599 | (80,437) | ||
| Other gains and losses: | |||||
| Net movement in funds | (85,036) | 4,599 | (80,437) | ||
| Reconciliation of funds: | |||||
| Total funds brought forward | 219,429 | - | 219,429 | ||
| Total funds carried forward | 134,393 | 4,599 | 138,992 | ||
| 3 | Income from donations and legacies | ||||
| Unrestricted | Restricted | Total | Total | ||
| 2022 | 2021 | ||||
| £ | £ | £ | £ | ||
| Donations | 124,461 | 56,751 | 181,212 | 11,515 | |
| Door to Door | 41,792 | - | 41,792 | 43,331 | |
| Legacies | 72,827 | - | 72,827 | - | |
| 239,080 | 56,751 | 295,831 | 54,846 | ||
| 4 | Income from other trading activities | ||||
| Unrestricted | Total | Total | |||
| 2022 | 2021 | ||||
| £ | £ | £ | |||
| Shop income | 132,254 | 132,254 | 53,804 | ||
| 132,254 | 132,254 | 53,804 |
Page 11
RSPCA Wyth Sir Branch Notes to the Accounts
5 Income from investments
| 5 | Income from investments | ||||
|---|---|---|---|---|---|
| Unrestricted | Total | Total | |||
| 2022 | 2021 | ||||
| £ | £ | £ | |||
| Interest receivable | 299 | 299 | 51 | ||
| 299 | 299 | 51 | |||
| 6 | Other income | ||||
| Total | Total | ||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Grants | - | 26,160 | |||
| - | 26,160 | ||||
| 7 | Expenditure on raising funds | ||||
| Unrestricted | Total | Total | |||
| 2022 | 2021 | ||||
| £ | £ | £ | |||
| Fundraising trading costs | |||||
| Direct costs | 1,267 | 1,267 | - | ||
| Staff costs | 59,900 | 59,900 | 64,335 | ||
| Property costs | 64,977 | 64,977 | 34,262 | ||
| Admin costs | 7,235 | 7,235 | 9,658 | ||
| 133,379 | 133,379 | 108,255 | |||
| 8 | Expenditure on charitable activities | ||||
| Unrestricted | Restricted | Total | Total | ||
| 2022 | 2021 | ||||
| £ | £ | £ | £ | ||
| Expenditure on charitable | |||||
| activities | |||||
| Direct costs | 52,215 | 2,223 | 54,438 | 26,909 | |
| Staff costs | 30,228 | 6,442 | 36,670 | 26,679 | |
| Property costs | 7,980 | 2,940 | 10,920 | 12,600 | |
| Admin costs | 17,166 | 1,350 | 18,516 | 26,528 | |
| Governance costs | |||||
| Independent examination fee | 1,620 | - | 1,620 | 2,556 | |
| Legal and professional | 1,236 | - | 1,236 | 2,107 | |
| Bank charges | - | - | - | 8 | |
| 110,445 | 12,955 | 123,400 | 97,387 |
Page 12
RSPCA Wyth Sir Branch Notes to the Accounts
9 Other expenditure
| 9 | Other expenditure | |||
|---|---|---|---|---|
| Unrestricted | Total | Total | ||
| 2022 | 2021 | |||
| £ | £ | £ | ||
| Amortisation, depreciation, | ||||
| impairment, profit/loss on | 10,209 | 10,209 | 9,656 | |
| disposal of fixed assets | ||||
| 10,209 | 10,209 | 9,656 | ||
| 10 | Net income/(expenditure) before | |||
| transfers | ||||
| 2022 | 2021 | |||
| This is stated after charging: | £ | £ | ||
| Depreciation of owned fixed assets | 6,051 | 7,684 | ||
| Amortisation of intangible fixed assets | 4,158 | 1,972 | ||
| Independent Examiner's fee | 1,584 | 2,556 | ||
| 11 | Trustee remuneration and expenses | |||
| 2022 | 2021 | |||
| Number | Number | |||
| The nature of the reimbursed expenses | Mileage | |||
| 12 | Staff costs | |||
| 2022 | 2021 | |||
| Pension costs | 5,786 | 5,620 | ||
| 5,786 | 5,620 | |||
| No employee received emoluments in excess of £60,000. | ||||
| The average monthly number of full time | equivalent employees during the year was as follows: | |||
| 2022 | 2021 | |||
| Number | Number | |||
| Shop | 3 | 3 | ||
| Welfare Officer | 1 | 1 | ||
| Branch Manager | 1 | - | ||
| 5 | 4 | |||
| The charity's pension scheme is NOW pensions. |
Page 13
RSPCA Wyth Sir Branch Notes to the Accounts
13 Intangible fixed assets
| Other | Total | |||
|---|---|---|---|---|
| £ | £ | |||
| Cost | ||||
| At 1 January 2022 | 19,716 | 19,716 | ||
| Additions | 1,074 | 1,074 | ||
| At 31 December 2022 | 20,790 | 20,790 | ||
| Amortisation and | ||||
| impairment | ||||
| At 1 January 2022 | 1,972 | 1,972 | ||
| Amortisation charge for the | 4,158 | 4,158 | ||
| year | ||||
| At 31 December 2022 | 6,130 | 6,130 | ||
| Net book values | ||||
| At 31 December 2022 | 14,660 | 14,660 | ||
| At 31 December 2021 | 17,744 | 17,744 | ||
| Leasehold improvements made to shop in Cwmbran | ||||
| 14 | Tangible fixed assets | |||
| Motor | Fixtures, | |||
| vehicles | fittings and | Total | ||
| equipment | ||||
| £ | £ | £ | ||
| Cost or revaluation | ||||
| At 1 January 2022 | 32,097 | 17,728 | 49,825 | |
| Additions | - | 806 | 806 | |
| At 31 December 2022 | 32,097 | 18,534 | 50,631 | |
| Depreciation and | ||||
| impairment | ||||
| At 1 January 2022 | 14,042 | 8,287 | 22,329 | |
| Depreciation charge for the | 4,514 | 1,537 | 6,051 | |
| year | ||||
| At 31 December 2022 | 18,556 | 9,824 | 28,380 | |
| Net book values | ||||
| At 31 December 2022 | 13,541 | 8,710 | 22,251 | |
| At 31 December 2021 | 18,055 | 9,441 | 27,496 | |
| 15 | Debtors | |||
| 2022 | 2021 | |||
| £ | £ | |||
| Prepayments and accrued income | 1,744 | - | ||
| 1,744 | - | |||
Page 14
RSPCA Wyth Sir Branch Notes to the Accounts
16 Creditors:
amounts falling due within one year
| amounts falling due within one year | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| £ | £ | ||||
| Trade creditors | 24,430 | 5,618 | |||
| Other taxes and social security | 5,624 | 2,693 | |||
| Other creditors | 1,070 | 710 | |||
| Accruals | 2,940 | 2,424 | |||
| 34,064 | 11,445 | ||||
| 17 | Movement in funds | ||||
| Incoming | |||||
| resources | At 31 | ||||
| At 1 January | (including other |
Resources expended |
December 2022 |
||
| 2022 | gains/losses) | ||||
| £ | £ | £ | |||
| Restricted funds: | |||||
| Restricted income funds: | |||||
| Donation | - | 2,040 | - | 2,040 | |
| Legacies M Knight and Mr | |||||
| Bevan | - | 54,711 | (12,955) | 41,756 | |
| Total | - | 56,751 | (12,955) | 43,796 | |
| Unrestricted funds: | |||||
| General funds | 138,992 | 371,633 | (254,033) | 256,592 | |
| Total funds | 138,992 | 428,384 | (266,988) | 300,388 | |
| Purposes and restrictions in relation to the funds: | Purposes and restrictions in relation to the funds: |
|---|---|
| Restricted funds: | |
| Donation | Use in Merthyr Clinic |
| Legacies M Knight and Mr | Use in Glamorgan (North and East) area. |
| Bevan |
18 Analysis of net assets between funds
| Analysis of net assets between funds | |||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | ||
| £ | £ | £ | |
| Fixed assets | 36,911 | - | 36,911 |
| Net current assets | 219,681 | 43,796 | 263,477 |
| 256,592 | 43,796 | 300,388 | |
Page 15
RSPCA Wyth Sir Branch Notes to the Accounts
19 Reconciliation of net debt
| Reconciliation of net debt | |||||
|---|---|---|---|---|---|
| At 31 | |||||
| At 1 January | December | ||||
| 2022 | Cash flows | 2022 | |||
| £ | £ | £ | |||
| Cash and cash equivalents | 105,197 | 190,600 | 295,797 | ||
| 105,197 | 190,600 | 295,797 | |||
| Net debt | 105,197 | 190,600 | 295,797 | ||
| Commitments | |||||
| Operating lease commitments | |||||
| Annual commitments under non-cancellable operating leases are as follows: | |||||
| 2022 | 2022 | 2021 | 2021 | ||
| Land and | Land and | ||||
| Other | Other | ||||
| buildings | buildings | ||||
| £ | £ | £ | £ | ||
| Operating leases with expiry date: | |||||
| Within one year | 10,080 | - | 10,080 | - | |
| In the second to fifth years inclusive | 31,800 | - | 31,800 | - | |
| 41,880 | - | 41,880 | - | ||
20 Commitments
Pension commitments
The charity must comply with its autoenrolment duties in respect of employees pension contributions.
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| The pension cost charge to the charity | ||
| amounted to: | 5,498 | 5,447 |
| Unpaid contributions due to the fund are | ||
| included in other creditors and amounted | ||
| to: | 1,070 | 710 |
Page 16
RSPCA Wyth Sir Branch
Detailed Statement of Financial Activities
for the year ended 31 December 2022
| Unrestricted | Restricted | |||
|---|---|---|---|---|
| funds | funds | Total funds | Total funds | |
| 2022 | 2022 | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Income and endowments from: | ||||
| Donations and legacies | ||||
| Donations | 124,461 | 56,751 | 181,212 | 11,515 |
| Door to Door | 41,792 | - | 41,792 | 43,331 |
| Legacies | 72,827 | - | 72,827 | - |
| 239,080 | 56,751 | 295,831 | 54,846 | |
| Other trading activities | ||||
| Shop income | 132,254 | - | 132,254 | 53,804 |
| 132,254 | - | 132,254 | 53,804 | |
| Investments | ||||
| Interest receivable | 299 | - | 299 | 51 |
| 299 | - | 299 | 51 | |
| Other | ||||
| Grants | - | - | - | 26,160 |
| - | - | - | 26,160 | |
| Total income and endowments | 371,633 | 56,751 | 428,384 | 134,861 |
| Expenditure on: | ||||
| Costs of other trading activities | ||||
| Direct costs | 1,267 | - | 1,267 | - |
| Staff costs | 59,900 | - | 59,900 | 64,335 |
| Property costs | 64,977 | - | 64,977 | 34,262 |
| Admin costs | 7,235 | - | 7,235 | 9,658 |
| 133,379 | - | 133,379 | 108,255 | |
| Total of expenditure on raising funds |
133,379 | - | 133,379 | 108,255 |
| Charitable activities | ||||
| Direct costs | 52,215 | 2,223 | 54,438 | 26,909 |
| Staff costs | 30,228 | 6,442 | 36,670 | 26,679 |
| Property costs | 7,980 | 2,940 | 10,920 | 12,600 |
| Admin costs | 17,166 | 1,350 | 18,516 | 26,528 |
| 107,589 | 12,955 | 120,544 | 92,716 | |
| Governance costs | ||||
| Independent examination fee | 1,620 | - | 1,620 | 2,556 |
| Legal and professional | 1,236 | - | 1,236 | 2,107 |
| Bank charges | - | - | - | 8 |
| 2,856 | - | 2,856 | 4,671 | |
| Total of expenditure on charitable activities |
110,445 | 12,955 | 123,400 | 97,387 |
Page 17
RSPCA Wyth Sir Branch
Detailed Statement of Financial Activities
| General administrative costs, including depreciation and amortisation Amortisation Depreciation of Motor vehicles Depreciation of Fixtures, fittings and equipment Total of expenditure of other costs Total expenditure Net gains on investments Net income/(expenditure) Net income/(expenditure) before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
4,158 4,514 1,537 10,209 10,209 254,033 - 117,600 117,600 - 117,600 138,992 256,592 |
- - - - - 12,955 - 43,796 43,796 - 43,796 - 43,796 |
4,158 1,972 4,514 6,018 1,537 1,666 10,209 9,656 10,209 9,656 266,988 215,298 - - 161,396 (80,437) 161,396 (80,437) - - 161,396 (80,437) 138,992 219,429 300,388 138,992 |
|---|---|---|---|
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