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2020-12-31-accounts

REGISTERED CHARITY NUMBER: 225570

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

FOR

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

Page
CHAIR OF TRUSTEES' WELCOME 1
Report of the Trustees 2 to 10
Report of the Independent Auditors 11 to 13
Statement of Financial Activities 14
Balance Sheet 15
Cash Flow Statement 16
Notes to the Cash Flow Statement 17
Notes to the Financial Statements 18 to 27
Detailed Statement of Financial Activities 28 to 30

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

CHAIR OF TRUSTEES' WELCOME FOR THE YEAR ENDED 31 DECEMBER 2020

I would like to give a warm welcome to all of our supporters, members, hardworking volunteers, and staff.

2020 has been an incredibly difficult year for us all. The impact of the Covid-19 pandemic has affected all of our lives and changed how we live and socialise possibly for many more years to come. The pandemic's impact on RSPCA Sheffield and District Branch has also been detrimental: we opened 2020 with tough decisions to be made to ensure the future of the charity and the animals which we care for, this led the Trustees to take the difficult decision to make redundancies. This was followed swiftly by the start of the pandemic, and we had to unfortunately close shop and work from home and also, unfortunately, take advantage of the Government's furlough scheme by putting the majority of staff on furlough. This led to difficulties in how to look after the animals in our care and had a major impact on our income. We did however continue to have a skeleton team working either from home or the centre whom we did not furlough and worked tirelessly to keep the charity ticking over. They all worked on ensuring that the dogs and cats in our care were fostered out to the fantastic network of fosterers. The significantly reduced Animal Care Team did a fantastic job in looking after the small number of animals that were unable to be fostered out during this time. Fundraising and income was very difficult to come by in 2020, however, we were very fortunate to be successful in our applications to the National RSPCA Branch Emergency Fund, which was very much welcomed and help to ensure that we didn't have to close our doors during the pandemic. We thank RSPCA for this and the huge help it has handed us.

During 2020 we worked on new initiatives to get the name of the Branch out into Sheffield, I hope you were able to watch some of the great videos across our Social Media platforms or caught Diana, Dawn, Emily, Hayley, and the Branch on ITV Calendar News and Diana, on what feels like a regular slot, on BBC Radio Sheffield. I'm sure you will join me in congratulating our 'Northern stars' for highlighting the work the Branch does day in, day out and for raising awareness of the Branch across the City of Sheffield.

As we go into 2021 it has brought with it new challenges but as always, the branch has kept its head up high and battled through, we hope to continue working with our foster and volunteer network and be able to open our doors once again to the public. It has been a while and we miss all of our supporters and members.

I wish to thank all our hardworking staff during this year and beyond but in particular, the dedication and passion from our Chief Executive, Diana, and our Service Manager, Dawn, and the fantastic Animal Care leads Hayley and Emily. I look forward to working closely with them all over the coming years. Our close relationship with RSPCA Regional Board and the National Society continues and I continue in my role as Vice-chair for the Yorkshire and Northeast region.

In 2020 we welcomed Uday Nair to the trustee board. Uday is an Automation and Analytics Manager for a leading UK gas company and holds a Ph.D. from the University of Sheffield. I and the rest of the Trustees welcome the wealth of knowledge that Uday brings to the charity to help us to meet our short- and long-term objectives. Uday's experience has put him in a great position to become the Branch's Treasurer which was voted unanimously for by Trustees.

I again wish to thank our fantastic supporters who supported us throughout 2020 (and 2021), without your support and dedication the animals who are in our care won't be as lucky and may never be able to find their forever homes, on their behalf thank you.

Paul Galloway Chair of RSPCA Sheffield Trustees

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ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020

The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

The Royal Society for the Prevention of Cruelty to Animals ("the RSPCA") was founded in 1824 and is constituted under the RSPCA Acts of 1932, 1940 and 1958 which allow the establishment of Branches of which Sheffield is one.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects of the Branch are to promote the work and objects of the Society, namely to promote kindness and to prevent or suppress cruelty to animals by all lawful means - with particular reference to the area of the Branch, in accordance with the policies of the Society.

The trustees have reviewed the outcomes and achievements of our objectives and activities for the year, to ensure they remain focused on our charitable aims, and continue to deliver benefits to the public. We have complied with the duty under the Charities Act 2011 to have due regard to public benefit guidance published by the Commission.

Advancement of animal welfare

Under the Charities Act 2011 the advancement of animal welfare is recognised as a distinct statutory charitable purpose. This legislation and the Animal Welfare Act of the same year indicate an acceptance by society that treating living creatures with compassion has a moral benefit for the public as a whole. Whilst this public benefit is clear, it is sometimes difficult to quantify and must be balanced against any detriment.

The Branch's animal welfare work, although local in nature, benefits society at large and also aims to help people in need with the care of their animals. The next section of this report highlights the Branch's main activities and demonstrates the benefit provided to the public. All our charitable activities, as described in more detail in the following pages of this report, focus on promoting kindness and preventing or suppressing cruelty to animals and are undertaken to further these purposes for the public benefit.

Charitable activities pursued for the public benefit

We continue to support our local Inspectors by taking in free of charge mistreated or abandoned animals, including pets whose owners suffer ill health or financial difficulties or pass away. Our support to the inspectorate has continued throughout 2020 by allowing the use of kennels for those dogs which are the subject of court cases. Our staff look after and rehabilitate such dogs and the Society makes a payment for these facilities.

The Inspectorate (as well as providing education, information, and advice) rescue animals in distress and enforce laws against the cruel mistreatment of animals in England and Wales by bringing prosecutions. This helps the RSPCA meet 'Rescue and care', 'Advocacy', 'Prevention' and 'Support' four of the Society's five top priorities. The work also helps promote human sentiments towards animals which involves moral benefit to local communities. The Trustees of the Sheffield Branch agree wholeheartedly with this strategy and also wish to thank the Inspectorate for their hard work and passion for animal welfare and their work throughout the Covid pandemic.

Animals in our care receive veterinary treatment, vaccinations, neutering, microchipping, and are assessed for rehoming or fostering. This work helps to control the incidence and spread of disease and suffering through vaccinations and neutering and helps us to match the animals that we rehome to suitable adopters or fosterers. This has continued throughout 2020 and through the national lockdown, it has been far from easy but the team has ensured with the support of the PDSA that animals in our care do not miss out.

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ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020

OBJECTIVES AND ACTIVITIES

Our policy to charge a reasonable adoption fee for animals aims to highlight ongoing personal and financial commitment to pet ownership. It would not be in the best interests of animals, and would therefore fall outside our objects, to re-home to those who could not afford them. We take in, free of charge, lost cats, and try to reunite them with their owners. This work benefits our local community by preventing animals from straying and posing a risk to themselves and people through road traffic accidents. We have tried to continue in responding to enquiries (both direct and via the Society's National Call Centre) from the public about animals locally throughout the pandemic, but at times this has proved difficult or impossible, but we are of the belief that the public benefits from knowing that we can intervene to assist animals in need.

Within the terms of our governing document, we support the Society by providing the case kennels as mentioned above. We also offer the use of our meeting rooms to the Society, other Branches, and organisations/charities in the area. We have looked to develop our community focus over 2020 by reaching out to other charities, schemes, the local council, and law enforcement, most of the time this was done virtually utilising modern technology, which at times has been frustrating and never as good as meeting face to face, but it has got us through difficult times.

Volunteers

We have continued to provide volunteering opportunities for those who wish to support our work including trusteeship, fostering, and fundraising. Where it has not been possible to provide opportunities is through dog walking, home visiting, cat socialisation, shop work, and administration work, however as we slowly come out of the pandemic we hope to open these opportunities back up. Our fostering network has grown throughout the pandemic and is an area we wish to continue developing as it benefits the animals in our care to be in a home environment. All of our volunteers receive training in their various areas of work. This benefits local people and companies by providing the possibility of doing work that is compassionate and rewarding and which could give them training towards a future occupation.

ACHIEVEMENT AND PERFORMANCE

It is said every year in the Report and Accounts that the Branch faces unexpected challenges and costs, it should come as no surprise that 2020 has been no different and continued the pattern of being a very busy and demanding year. Fundraising has become very difficult throughout the year, an area that becomes more challenging as each year passes. The society has approached fundraising differently year on year and this year 2020 saw us expand our Social Media presence and the support we have received over this platform has been overwhelming, it has allowed Sheffield folk who would never have known we exist to get involved, support, adopt, donate and drive brand awareness.

The Branch has been in existence for many years; however, we fully appreciate that in order to continue to survive and grow we must constantly re-evaluate what we do and how we do it to ensure that we continue to provide the very highest standards of animal welfare and care. As I reported in the 2019 report the Trustees' key focus has been to cut Branch expenditure and increase income, although the latter has proved almost impossible during the subsequent lockdowns we have made a large difference to our expenses, this work will continue ensuring that every penny is questioned and justified. We are extremely lucky to have a very dedicated and determined group of staff and volunteers who support the Branch in delivering these services to the animals and people of Sheffield.

Partnerships

The Branch also recognises that to continue to survive it cannot do this alone and 2020 has seen continuing and improved partnerships between the RSPCA Sheffield Branch and several other organisations. For example:

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ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020

Rehoming

During 2020 we re-homed 64 dogs and 205 cats. Our adoption numbers are lower than in 2019 due to the Covid-19 lockdown, however, it is expected to increase once furlough ends and the unwanted pets of the pandemic become forgotten.

Through the support that we provide to the Inspectorate in the North Region, we take into our care several dogs that are the subject of court cases and these animals in particular often require a great deal of additional care and rehabilitation before they are ready to be rehomed. This specialist care is provided by our staff working alongside qualified support.

Fostering

The Branch is incredibly fortunate in having a dedicated core of faithful fosterers, which we have built up over the years and in particular in 2020 who help us with rabbits, birds, snakes, small animals, and hand-rearing kittens and puppies. Some of our staff also undertake this work on a voluntary basis. Our fostering network has gone from strength to strength becoming the Branch's saving grace throughout 2020 and latterly in 2021.

Other work

It is important to note the fantastic work the team has done throughout 2020 the Branch has been involved in many other activities other than just rehoming and fostering. The Branch provided, when it could, advice to members of the public, handovers from members of the public to then liaise with animal wardens, provided urgent care for rabbits, swans, chickens, birds, snakes, and many more. The branch has supported local and international charities and rescues through donating food far and wide, including Lost and Found, Friends of Ferals, All Dogs, and continuing our support to Romania with donated food and supplies, when we were able to through Border closures.

Veterinary care

PDSA Sheffield provides veterinary services for all of the animals under our care.

Staff

Diana Radford continues to run the charity as Chief Executive Officer, the Trustees are ever grateful for Diana's and Dawn Sampson's (Service Manager) hard work, passion, and dedication, without it the Branch would simply not be what it is today.

The Branches Animal Care is led by Hayley Crookes and Emily Harrison who have both been doing an outstanding job in caring for the animals. The Trustees are very grateful for their commitment and knowledge.

The Branch is very passionate about its role in providing exemplary standards of animal care. Our very dedicated animal care team is a vital part of this, and they continue to work hard to maintain the standards that we have in place and to ensure that each animal receives the best care possible. Each animal is assessed both for good health and behaviour on arrival and staff work very hard to ensure that adoption to a suitable permanent home takes place as soon as possible for each animal.

This year we have again asked our staff to support us with fundraising and cost-saving as well as their 'day jobs' and they have risen to that challenge and come up with a number of interesting and unusual ways of generating funds.

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ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020

Our financial constraints do mean that we run a very tight ship and need to be very focused on providing the best in animal care with very limited funds. We would therefore like to thank all the staff at the Animal Centre for their hard work and commitment to this during the past year.

Shops

The shops are absolutely vital in supporting the work of the Branch and the regular income that they provide is essential in order to keep the Centre running.

The Trustees keep the shops under very careful review in order to ensure that they are providing the best return for the Branch. We decided to close the second-hand Superstore due to its underperformance and high-cost base, Diana is constantly thinking outside of the box for new opportunities and has recently developed a scheme with a local business for house clearances, with many more ideas in the pipeline.

Our eBay and online sales, with shops closed, have been an area of focus for 2020 and continue to go from strength to strength. Diana has done an incredible job in turning online sales around.

We are supported in all the shops by many very hardworking and dedicated volunteers to whom we are also very grateful - we welcomed them back in 2021 as lockdown eased.

Marketing and Promotions

In order to attract funds and encourage adoptions, it is important for the Branch to maintain a strong local profile and to stay in touch with our supporters. We also need to find new and innovative ways of raising funds and to ensure that we can maintain current income streams as more and more very worthy causes appear to compete for funds.

Our online presence, including Facebook and Twitter, continues with regular updates on Branch activities and events being posted to both.

Fundraising

Throughout 2020 our traditional way of fundraising has not been possible; we have however been building our online presence and from it grown a network of supporters across Sheffield.

The Trustees confirm that, to the best of our knowledge, our fundraising activities have complied with the Charity Commission's guidance on fundraising and that no complaints or issues have been raised during the period regarding fundraising activities.

Legacies

Unfortunately, the Branch is very reliant on legacies and the ones received during 2020 have helped support us immensely. Legacies are very important to the Branch but we have worked hard over the last couple of years to ensure that the Branch is not reliant upon them by reviewing all our activities, expenditure, and income. It is vital that we run things in the most cost-effective and efficient manner, whilst still achieving our charitable aims.

Volunteers

The Branch is heavily dependent on the help of volunteers not only for fundraising but also for home visiting, fostering, helping in the kennels and cattery, microchipping, administration, helping at the charity shops and for many other activities that keep the Branch, Animal Centre and shops running. Without our volunteers we simply could not exist, so we are extremely grateful for all the help and support we receive. We want volunteers to enjoy their time with us, feel valued, and be supported and policies are in place to ensure their safety during their time with us.

During 2020, when we were able to we have enjoyed support from a number of corporate groups and students from both Sheffield Universities. This is an area that we certainly will look to expand in 2022. The Trustees too are volunteers, alongside difficult day jobs, and the amount of time and commitment that the Committee has dedicated to the Branch is exemplary and often goes without recognition.

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ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020

Unfortunately, two Trustees resigned in 2021; Elliot Chaim and Thomas Peters, the Trustees would like to thank them for their help and support whilst they were part of the Committee. We were lucky that Thomas Peters decided to leave the Committee to take up a permanent role with the Society, as a qualified accountant and working for 9 years as a Senior Auditor his experience and knowledge have so far proved invaluable to Diana and Dawn.

FINANCIAL REVIEW

The results for the year and the Charity's financial position are set out in the Statement of Financial Activities on page 14 and the Balance Sheet on page 15.

During the year, net income increased £139,356 This has helped us achieve a surplus of £379,463 (2019 - deficit £102,904). With COVID-19 hitting the retail sector hard in 2020, around 40% of our income this year was received through grants. We received grants from RSPCA Head office through the Branch Emergency Fund, as well as business interruption grants and the Governments furlough scheme.

The surplus raised during the year has been made not without sacrifice. A large cost cutting exercise was undertaken, to ensure the centre could continue to operate during the year. The expenditure for the centre dropped by 30%. A large proportion of this is due to the drop in wages. Redundancies are always a last resort for the Charity, however unfortunately due to a tightening bank account and a lack of grants early in the year, we reluctantly had no option but to undertake redundancies across the organisation.

After inclusion of the Charity's 2020 performance, net funds of £5.4 million can be seen within the Charity's Balance Sheet (2019 - £5.1 million). The year-end bank balance sits at £642,415 a rise of £480,332 on last year's year end bank balance figure. We are aware, as trustees, that this represents a heavy surplus of cash, and are looking into options to where this money can go, not only to further help care for animals in Sheffield and district, but to continue the longevity of the centre.

As mentioned previously, COVID-19 had a severe impact on our trading activities throughout 2020. Our shop income reduced by 43% and we were unable to run our usual fairs and other fundraising events. We cannot thank people enough who gift some of their estate to us in the event of their death. We received £286,783 in legacies this year, and we are forever grateful for this money.

The Charity continues to focus on increasing income levels as well as improving the profile within the local area. As mentioned above, the Charity is looking to become more self-sufficient over the coming years, which will allow us to serve and protect animals in Sheffield for many years to come.

Going concern

We believe the charity will continue to cover its operational costs for the next 12 months. The Trustees have taken considerable care to monitor the cash position and amounts of legacies throughout the 2021 year, while also continuing with various revenue generating and cost saving initiatives.

Reserves policy

The Branch holds reserves in order that levels of service provided for animal welfare may be maintained should there be a reduction in incoming resources. Reserves in this context mean funds that are freely available for the Branch's general purposes after all commitments have been met. We continue with 12 months of the operating costs as our reserve target, however, we recognise the demand for animal welfare is increasing and we will achieve a balance between prudence and providing the maximum care for animals in the Sheffield area.

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ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020

FUTURE PLANS

2021 has continued to be a difficult year with a limited workforce, lockdowns and the ongoing pandemic.

Some of our main areas of focus for 2022, which continue on from 2021 will be:

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The RSPCA Sheffield Branch is governed by the Royal Society for the Prevention of Cruelty to Animals rules for branches (as updated in 2012).

Charity constitution

The RSPCA Sheffield Branch is an unincorporated charitable association and a separately registered branch of the Royal Society for the Prevention of Cruelty to Animals, carrying out its direct animal welfare work in the Sheffield area.

Recruitment and appointment of new trustees

A Committee, elected at the AGM, governs the Branch and members of the Committee are Trustees of the Branch. The committee must consist of no less than seven or more than fourteen elected members. The elected committee can co-opt no more than three persons who shall be members of the Branch Committee until the next Annual General Meeting and who are eligible to be appointed officers of the Branch.

The trustees of the Branch were incorporated under the Charities Act 2011. This does not affect the liability of the trustees nor the constitution of the Branch but it does enable contracts to be entered into and property to be held in the name of the incorporated body.

Organisational structure

The Trustees hold monthly meetings at which decisions are made (however fortnightly meetings were held up until June 2021). Day to day running of the Branch is delegated to the Chief Executive

Induction and training of new trustees

All trustees are briefed on their responsibilities as trustees prior to their acceptance of the role. In addition all new trustees attend a training day as part of their induction.

Related parties

As described above, the charity operates as a branch of the Royal Society for the Prevention of Cruelty to Animals. Details of transactions with the National RSPCA are set out in note 19.

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ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020

STRUCTURE, GOVERNANCE AND MANAGEMENT

Risk management

The trustees actively review the risks which the charity faces on a regular basis through consultation with the Chief Executive and regular meetings of the trustees that cover operational and financial reviews. The trustees also examine other operational and business risks which the Branch face and confirm that they have established systems to mitigate the significant risks, which have been identified as:

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number

225570

Principal address

2 Stadium Way Attercliffe Sheffield South Yorkshire S9 3HN

Trustees

P Galloway, Chair L Laver, Secretary U Nair, Treasurer (appointed 9/11/20) S Parkin, Vice-chair C Buckley L Kerry co-opted (appointed 9/9/21) N Swire co-opted (appointed 9/9/21) T Peters (resigned 23/12/20) E Chaim (appointed 23/3/20) (resigned 17/5/21) G Thompson (resigned 30/1/20) D Hitchen (resigned 27/2/20)

Senior staff

D Radford, Chief Executive Officer Dawn Sampson, Service Manager Hayley Crookes, Animal Care Lead Emily Harrison, Animal Care Lead

Auditors

Marriott Gibbs Rees Wallis Limited Chartered Certified Accountants Statutory Auditor First Floor Unit 4, Broadfield Court Sheffield S8 0XF

Solicitors

Lewis Francis Blackburn Bray 14-16 Paradise Square Sheffield S1 2DE

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ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020

REFERENCE AND ADMINISTRATIVE DETAILS

Bankers

Barclays Bank Plc Sheffield City Office P O Box 43 14 Commercial Street Sheffield S1 2AT

Unity Trust Bank Plc Nine Brindleyplace Birmingham B1 2HB

Investment Advisor (until disposal of investments in 2019) Investec Wealth & Investment Limited Beech House Napier Street Sheffield S11 8HA

Veterinary

PDSA 14 Newhall Road Sheffield South Yorkshire S9 2QL

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which 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 Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020

Approved by order of the board of trustees on ............................................. and signed on its behalf by: 14 October 2021

................................................................. P Galloway - Trustee

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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

Opinion

We have audited the financial statements of Royal Society for the Prevention of Cruelty to Animals (Sheffield Branch) (the 'charity') for the year ended 31 December 2020 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, misrepresentations, forgery or through collusion.

There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Marriott Gibbs Rees Wallis Limited Chartered Certified Accountants Statutory Auditor Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006

First Floor Unit 4, Broadfield Court Sheffield South Yorkshire S8 0XF

Date: ............................................. 14 October 2021

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ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
5
Animal shelter
Clinic
Other trading activities
3
Investment income
4
Other income
Total
EXPENDITURE ON
Raising funds
6
Charitable activities
7
Animal shelter
Clinic
Total
Net gains on investments
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
859,545
96,968
9,846
197,662
42
23,593
1,187,656
225,213
480,784
35,132
741,129
-
446,527
1,592,186
2,038,713		 Restricted
funds
£
-
-
-
-
-
-
-
-
67,064
-
67,064
-
(67,064)
3,468,523
3,401,459		 2020
Total
funds
£
859,545
96,968
9,846
197,662
42
23,593
1,187,656
225,213
547,848
35,132
808,193
-
379,463
5,060,709
5,440,172		 2019
Total
funds
£
475,610
151,927
36,766
368,583
644
14,770
1,048,300
297,419
749,300
108,903
1,155,622
4,418
(102,904)
5,163,613
5,060,709

The notes form part of these financial statements

Page 14

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

BALANCE SHEET 31 DECEMBER 2020

Notes
FIXED ASSETS
Tangible assets
13
CURRENT ASSETS
Stocks
14
Debtors
15
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
16
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
18
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
Restricted
fund
funds

£
£
1,350,393
3,401,459
-
-
90,832
-
642,415
-
733,247
-
(44,927)
-
688,320
-
2,038,713
3,401,459
2,038,713
3,401,459		 2020

Total
funds
£
4,751,852
-
90,832
642,415
733,247
(44,927)
688,320
5,440,172
5,440,172
2,038,713
3,401,459
5,440,172		 2019
Total
funds
£
4,867,085
13,554
69,067
162,083
244,704
(51,080)
193,624
5,060,709
5,060,709
1,592,186
3,468,523
5,060,709

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 14 October 2021

----- Start of picture text -----
.............................................
P Galloway - Trustee
----- End of picture text -----

The notes form part of these financial statements

Page 15

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2020

Notes
Cash flows from operating activities
Cash generated from operations
1
Finance costs paid
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Purchase of fixed asset investments
Sale of tangible fixed assets
Sale of fixed asset investments
Interest received
Dividends received
Net cash provided by investing activities
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end
of the reporting period		 2020
£
482,440
(2,150)
480,290
-
-
-
-
42
-
42
480,332
162,083
642,415		 2019
£
5,351
(2,378)
2,973
(64,078)
(5,790)
5,175
110,505
103
541
46,456
49,429
112,654
162,083

The notes form part of these financial statements

Page 16

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2020

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income/(expenditure) for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Losses on investments
Profit on disposal of fixed assets
Interest received
Finance costs
Dividends received
Decrease in stocks
Increase in debtors
Decrease in creditors
Net cash provided by operations		 2020
£
379,463
115,233
-
-
(42)
2,150
-
13,554
(21,765)
(6,153)
482,440		 2019
£
(102,904)
115,605
(4,418)
(4,076)
(103)
2,378
(541)
21,535
(370)
(21,755)
5,351

2. ANALYSIS OF CHANGES IN NET FUNDS

At 1/1/20 Cash flow At 31/12/20
£ £ £
Net cash
Cash at bank and in hand 162,083 480,332 642,415
Total 162,083 480,332 642,415

The notes form part of these financial statements

Page 17

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

The presentation currency of the financial statements is the Pound Sterling (£).

Going concern

The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements and have concluded that the charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about its ability to continue as a going concern, thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Grants and donations

Grants and donations are only included in the Statement of Financial Activities when the general income recognition criteria are met. The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.

Legacies

Legacies are included in the Statement of Financial Activities when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met.

Activities for generating funds

Shop income and income derived from events is recognised as earned (that is, as the related goods or services are provided).

Income from interest, dividends and commission

Investment income is recognised when receipt is probable and the amount receivable can be measured reliably.

Incoming resources from charitable activities

Incoming resources from charitable activities are recognised when received, apart from boarding income which is included when an invoice is raised.

Donated assets and goods for resale

Donated goods for resale are included when those goods are sold. Material donations of assets for use by the society are included in donations at fair value in accordance with the SORP and recognised on receipt.

Other incoming resources

Solar power income is recognised as earned.

Page 18

continued...

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020

1. ACCOUNTING POLICIES - continued

Income

Investment gains and losses

This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Raising funds

Costs of generating funds comprise the costs directly attributable to operating the charity's shops, all fundraising event costs and investment management fees.

Charitable activities

Costs of charitable activities comprises those costs incurred by the charity in the operation and maintenance of the Sheffield Animal Centre. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance and support costs

Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Support costs represent the management and administration costs rather than the direct costs of running the Animal Centre.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at the following annual rates calculated to write off the cost less residual value of each asset over its estimated useful economic life or, if held under a finance lease, over the lease term, whichever is the shorter.

Asset class Depreciation method and rate

Freehold property 2% on cost of buildings. Land is not depreciated. Plant and machinery 33% on cost of computer equipment and 20% on cost of other assets. Motor vehicles 20% on cost.

Tangible fixed assets are capitalised if they can be used for more than one year, irrelevant of value.

Investments

Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from tax on its charitable activities. Irrecoverable VAT is analysed separately and is charged to the statement of financial activities when the expenditure to which it relates is incurred.

Page 19

continued...

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020

1. ACCOUNTING POLICIES - continued

Taxation

Tax recovered from voluntary income received under gift aid is recognised when the related income is receivable and is allocated to the income category to which the income relates.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES

Donations
Legacies
Grants
Subscriptions
3.
OTHER TRADING ACTIVITIES
Easter, Summer and Christmas fayres
Shop income
Social lotteries
Other fundraising events
Collection boxes
Recycling
Pet food shop
Rental income		 2020
£
85,191
286,783
487,571
-
859,545
2020
£
-
161,138
2,721
5,337
-
-
3,408
25,058
197,662		 2019
£
89,887
332,652
53,001
70
475,610
2019
£
7,538
283,803
524
26,232
1,346
545
14,955
33,640
368,583

Page 20

continued...

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020

4.
INVESTMENT INCOME
Income from listed investments
Interest on cash deposits
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Shop sales
Animal shelter
Adoptions
Animal shelter
Inspectors boarding fees
Animal shelter
Commissions
Animal shelter
Sundry receipts
Animal shelter
Income from clinic
Animal shelter
Income from clinic
Clinic
6.
RAISING FUNDS
Other trading activities
Purchases
Staff costs
Hire of plant and machinery
Fundraising costs
Rent
Rates
Light and heat
Insurance
Waste disposal
Repairs and renewals
Telephone
Printing, postage and stationery
Sundries
Motor expenses
Legal and professional fees
Bank charges
Depreciation
Loss on sale of assets
Support costs		 2020
£
-
42
42
2020
£
-
36,767
45,633
13,848
720
-
9,846
106,814
2020
£
58
105,738
4,765
3,779
66,010
813
5,937
-
-
-
801
12,887
1,434
1,020
-
589
2,759
-
18,623
225,213		 2019
£
541
103
644
2019
£
1,219
66,853
56,282
15,547
11,986
40
36,766
188,693
2019
£
9,254
145,043
3,802
3,525
68,915
8,962
7,430
1,317
1,751
1,792
1,994
12,276
2,491
3,062
2,314
1,913
4,260
(4,076)
20,965
296,990

Page 21

continued...

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020

6.
RAISING FUNDS - continued
Investment management costs
2020
£
Portfolio management
-
Aggregate amounts
225,213
7.
EXPENDITURE ON CHARITABLE ACTIVITIES
Support
Direct
costs (see
Costs
note 8)
£
£
Animal shelter
380,224
167,624
Clinic
35,132
-
415,356
167,624
8.
SUPPORT COSTS
Governance
Management
Finance
costs
£
£
£
Other trading activities
17,427
215
981
Animal shelter
156,859
1,935
8,830
174,286
2,150
9,811
9.
AUDITORS' REMUNERATION
2020
£
Fees payable to the charity's auditors for the audit of the charity's
financial statements
8,000
Auditors' remuneration for non audit work
1,811		 2019
£
429
297,419
Totals
£
547,848
35,132
582,980
Totals
£
18,623
167,624
186,247
2019
£
6,060
-

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.

Page 22

continued...

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020

11. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Animal centre
Charity shops
Management and administration		 2020
£
401,440
15,290
5,686
422,416

2020
12
11
9
32		 2019
£
587,500
29,048
7,400
623,948
2019
21
12
12
45
No employees received emoluments in excess of £60,000.
12.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
475,610
Charitable activities
Animal shelter
151,927
Clinic
36,766
Other trading activities
368,583
Investment income
644
Other income
14,770
Total
1,048,300
EXPENDITURE ON
Raising funds
297,419
Charitable activities
Animal shelter
682,236
Clinic
108,903
Total
1,088,558
Net gains on investments
4,418
NET INCOME/(EXPENDITURE)
(35,840)
RECONCILIATION OF FUNDS
Total funds brought forward
1,628,026
TOTAL FUNDS CARRIED FORWARD
1,592,186

Restricted
funds
£
-
-
-
-
-
-
-
-
67,064
-
67,064
-
(67,064)
3,535,587
3,468,523
Total
funds
£
475,610
151,927
36,766
368,583
644
14,770
1,048,300
297,419
749,300
108,903
1,155,622
4,418
(102,904)
5,163,613
5,060,709

Page 23

continued...

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020

13.
TANGIBLE FIXED ASSETS
Freehold
Plant and
property
machinery
£
£
Cost
At 1 January 2020 and
31 December 2020
5,998,393
130,759
Depreciation
At 1 January 2020
1,178,849
94,583
Charge for year
101,609
10,664
At 31 December 2020
1,280,458
105,247
Net book value
At 31 December 2020
4,717,935
25,512
At 31 December 2019
4,819,544
36,176
Included in cost of land and buildings is freehold land of £917,939 (2019
depreciated.
14.
STOCKS
Stocks
15.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
VAT
Prepayments and accrued income
16.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Taxation and social security
Other creditors
Motor
vehicles
Totals
£
£
14,798
6,143,950
3,433
1,276,865
2,960
115,233
6,393
1,392,098
8,405
4,751,852
11,365
4,867,085
- £917,939) which is not
2020
2019
£
£
-
13,554
2020
2019
£
£
20,427
31,596
22
508
-
15,046
70,383
21,917
90,832
69,067
2020
2019
£
£
24,038
34,762
3,287
9,071
17,602
7,247
44,927
51,080

Page 24

continued...

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020

17. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and five years
In more than five years		 2020
£
25,900
60,000
22,500
108,400		 2019
£
57,193
116,647
37,500
211,340

18. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Rebuild appeal
Max fund / Pete’s dream
TOTAL FUNDS		 At 1/1/20
£
1,592,186
3,467,323
1,200
3,468,523
5,060,709		 Net
movement

in funds
£
446,527
(67,034)
(30)
(67,064)
379,463
At

31/12/20
£
2,038,713
3,400,289
1,170
3,401,459
5,440,172

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Rebuild appeal
Max fund / Pete’s dream
TOTAL FUNDS		 Incoming
resources
£
1,187,656
-
-
-
1,187,656
Resources

expended
£
(741,129)
(67,034)
(30)
(67,064)
(808,193)
Movement

in funds
£
446,527
(67,034)
(30)
(67,064)
379,463

Page 25

continued...

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020

18. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Rebuild appeal
Max fund / Pete’s dream
TOTAL FUNDS		 At 1/1/19
£
1,628,026
3,534,357
1,230
3,535,587
5,163,613		 Net
movement

in funds
£
(35,840)
(67,034)
(30)
(67,064)
(102,904)
At

31/12/19
£
1,592,186
3,467,323
1,200
3,468,523
5,060,709

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Rebuild appeal
Max fund / Pete’s dream
TOTAL FUNDS		 Incoming
resources
£
1,048,300
-
-
-
1,048,300
Resources

expended
£
(1,088,558)
(67,034)
(30)
(67,064)
(1,155,622)
Gains and

losses
£
4,418
-
-
-
4,418
Movement
in funds
£
(35,840)
(67,034)
(30)
(67,064)
(102,904)

The unrestricted funds are available to be spent for any of the purposes of the charity.

The rebuild appeal fund was set up when the charity had to relocate and is represented by the Animal Centre.

Max fund / Pete’s dream was set up in 2009 to collect donations for an operation on Max the German Shepherd and was also used to build the dog path, which is how the balance on the fund is represented.

Page 26

continued...

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020

19. RELATED PARTY DISCLOSURES

During the year the charity purchased goods from the National RSPCA amounting to £8,927 (2019 - £14,916). At 31 December 2020 the amount owed to the National RSPCA was £501 (2019 - £7,714).

During the year the charity also provided services to the National RSPCA amounting to £60,389 (2019 - £71,457). At 31 December 2020 the amount owed from the National RSPCA was £5,004 (2019 - £11,724).

Page 27

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Legacies
Grants
Subscriptions
Other trading activities
Easter, Summer and Christmas fayres
Shop income
Social lotteries
Other fundraising events
Collection boxes
Recycling
Pet food shop
Rental income
Investment income
Income from listed investments
Interest on cash deposits
Charitable activities
Shop sales
Adoptions
Inspectors boarding fees
Commissions
Sundry receipts
Income from clinic
Other income
Solar power
Restorative justice
Total incoming resources
EXPENDITURE
Other trading activities
Purchases
Carried forward		 2020
£
85,191
286,783
487,571
-
859,545
-
161,138
2,721
5,337
-
-
3,408
25,058
197,662
-
42
42
-
36,767
45,633
13,848
720
9,846
106,814
23,593
-
23,593
1,187,656
58
58		 2019
£
89,887
332,652
53,001
70
475,610
7,538
283,803
524
26,232
1,346
545
14,955
33,640
368,583
541
103
644
1,219
66,853
56,282
15,547
11,986
36,806
188,693
14,194
576
14,770
1,048,300
9,254
9,254

This page does not form part of the statutory financial statements

Page 28

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

Other trading activities
Brought forward
Wages
Social security
Pensions
Hire of plant and machinery
Fundraising costs
Rent
Rates
Light and heat
Insurance
Waste disposal
Repairs and renewals
Telephone
Printing, postage and stationery
Sundries
Motor expenses
Legal and professional fees
Bank charges
Plant and machinery
Loss on sale of tangible fixed assets
Investment management costs
Portfolio management
Charitable activities
Wages
Social security
Pensions
Hire of plant and machinery
Rates and water
Insurance
Light and heat
Telephone
Printing, postage and stationery
Advertising
Sundries
Drugs and medical supplies
Identichips
Supplies, equipment and food
Veterinary fees
Travelling
Waste disposal
Repairs and renewals
Behaviourist
Cleaning
Motor expenses
Freehold property
Carried forward		 2020
£
58
101,370
3,624
744
4,765
3,779
66,010
813
5,937
-
-
-
801
12,887
1,434
1,020
-
589
2,759
-
206,590
-
146,155
3,317
2,215
1,400
22,309
1,375
19,133
7,193
5,839
1,183
23,430
12,111
613
20,622
25,523
-
2,455
6,395
-
904
710
101,609
404,491		 2019
£
9,254
138,563
5,316
1,164
3,802
3,525
68,915
8,962
7,430
1,317
1,751
1,792
1,994
12,276
2,491
3,062
2,314
1,913
4,260
(4,076)
276,025
429
267,684
13,246
3,641
4,480
16,929
4,315
34,123
6,326
6,661
2,805
18,838
49,164
699
22,161
61,451
1,046
9,316
18,681
1,143
11,813
3,642
101,277
659,441

This page does not form part of the statutory financial statements

Page 29

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SHEFFIELD BRANCH)

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

Charitable activities
Brought forward
Plant and machinery
Motor vehicles
Support costs
Management
Wages
Social security
Pensions
Legal and professional fees
Finance
Bank charges
Governance costs
Auditors' remuneration
Auditors' remuneration for non audit work
Total resources expended
Net income/(expenditure) before gains
and losses
Realised recognised gains and losses
Realised gains/(losses) on fixed asset
investments
Net income/(expenditure)		 2020
£
404,491
7,905
2,960
415,356
153,915
8,349
2,727
9,295
174,286
2,150
8,000
1,811
9,811
808,193
379,463
-
379,463		 2019
£
659,441
7,808
2,260
669,509
181,253
10,486
2,595
6,887
201,221
2,378
6,060
-
6,060
1,155,622
(107,322)
4,418
(102,904)

This page does not form part of the statutory financial statements

Page 30