Charlty reg18lratlon number 225575 (England and Wales) RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
RSPCA HALIFAX, HUDDERSFIELD, BFIADFORD & DISTRICT BRANCH LEGALAND ADMINISTRATIVE INFORMATION Trustees V Aspey C Harris C Walkinson S Cordingley J Brimb M D Williams J Evans Senlor management Russell Kebble Vanessa Moriimer Claire Spencer Jo Scoll Lauren Moore Andy Proudlool Branch Manager (Resigned February 20241 Finance Managor Animal Centre Manager Qharily Shop Area Manager Fundraisifjg ManagÈr Ch8il Execlive Officer (Appointed March 20251 Charlty number 225575 Audltor BK Plus Audit Limited S2 SI JDhns Lane Halifax West yOshIre England HX1 2BW
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH CONTENTS Page Trust88s rewrt Slalement of trustees responsibilities 11 Independent auditor's repc>rt 12-15 Slalemenl of financial activities 16 Balance sheet 17 statemanl of cash flows 18 Notes lo the financial slalemenls 19-34
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Iruslees present Ih8ir annual report and lin8n¢ial statements for the year Ènd8d 31 December 2024. The financial statements have been prepafed In accordan with the accountlng policies sel oijl in note 1 to the Ilnanclal statements and comply with the charity's goveifiing document, the Chafilias Act 2011. FRS 102 'The Finaiicial Reporting Standard applic8ble in the UK and Republic of Ireland" and the Charities SORP Accounting and Reporting by Charities. Slalemenl of Re¢tsmmended Practice applicab16 to charities preparin9 their accounts in accordance with the Finand81 Reporting Slandaid applicable in the UK and Republic ol Ireland IFRS 1021" Oblectlves and activltles The objeel ol the Branch is to promote the work and objectives ol the Nalional Society within the Branch area ol Halilax, Hudder5figld and Bradlord, nam8ly to use all lawful mgans lo prevent cruelly, promot* kindness lo and Ileviale the suffering of anitnal5. The Branch giv85 priority to those animals with a genuine wellare need as identified by mèmbers of the RSPCA inspeclorale. Such animals may be the subject ol an ongoing case or rllay have been removed with Ihe consent ol an owner unable lo rneel the animal's welfare n8eds. These animals are subject to approprlate voterinary Irgalment, rehabilitation and rehoming under the direction of the Branch's animal carg staff. Prior to rehoming all animals are neutered 8nd mi¢rochipped. The Branch also operatgs a low-cosl n8utering scheme and a wèlfare assistance schgrne to provide financial support lo those members ol the public on qualitying benefits. Staff are assistèd in this work by a dedicated team ol volunteers without whose help we could not provide the level of service or volume of work we achieve. Public ben8fil All charities in England & Wal8s must have charitablo aiThs thal afe for the public benefit. 11 15 nol enough that the RSPCA'S work benefits animals. In deciding what activities the Branch should undertake, we have complied with thè duty under the Ch2rilles Act 2011 to have due regard to public bènèlil guidance published by the Charities Commissicin. Ri¢hard Martin, one ol the RSPCA'S lound8rs. idBnlllied Ihe Society's prime aim as being lo aller the moral feelings ol the counlry. He recognised that taking care ol anirnals Ès Èn essential part of any clvilisalion. This still rèsonates today. Preventing cruelty to animals promotBS humBne senlirnenls towards animals in humankind which involves moral benefll to the hLiman communlly as a whole. Whilst this public benefit Is clear il is difFicull lo quantity and musl be balanc8d against any d8lrirnont. The Branch's animal welfar8 work, although loeal in nature, benefits society al large. and also alms lo help people in need with the care ol their animals. The n8Xt section ol this report highlights the Branch's main activities and demonslrales the b¢nefit provided lo th8 public. All our charilable activities focus on Pfomoling klndness and prevènting or SUPPTessin9 cruelly to animals arsd are undertakon lo further these pttrposes lor ltte public bEnelil. Volunte8rs The value of volunteers. 11rno is not included within these accounts, we have benefited Irorn 413 volunteers wilhi our charity shops and fundraisino network, who CDnlribuled 39,847 hours in 2024 across our network ol shops. 01 this volunteer lolal the Animal Cgnlro had approximately 190 voluntEers who workad 11,200 hours in 2024.
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH TRUSTEES REPORT {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Chalrs Overvlew 2024 2024 conlinuad the trend 012023, with challenging economic circumslancos affecting the cost ol living, and this had further impact on the ability ol animal owners lo afford the costs of caring foi their allima1s. All animal charities. not just the RSPCA and its branches, have lound th8msÈlvès inundated with ever more r8que51s for support or lo lake in unwanted and suffering pets. Whilst we continue lo try to offer owners support lo enable them lo keep their pets, Ihls is not always possible or suitable, so there conlinue lo be large numbers In t8mporary accommodation awalting space at Animal Cenlres for rehabililalion and rehoming, and w6 ar6 constantly lull. We hav¢ also continued our efforts lo support owners through offering welfare assistance and to 6Xtand our facilities in training. neutering and financial support where appropriate lor Ire3tment. Cc>rllpared with last year, we have lakon in 449 animals 12023.. 4281, rshom&d 400 12023.. 3791 and helped 523 12023."4471 to rec&ive welfare assistance. Al the end ol December 2024 there were 70 animals in our care 12023.681. Th8 8conomic circUmstanS have had a negative effect on donations, with more people now selling onling rslhei than donating, so our shops this year experienced a drop in income. al £1,333,22412023.. £1.375,0321, costs of opelating £1,106,014 12023.. £1.065,0581 and g8neral8d a net contribution lo our charilablB activities of £227,210 12Q23.. £309,974). In 2025 one of our main aims is lo reverse this trÉnd by finding new opportuniligs lo irnprove our wlall offering and èncourage more activity through tsur shops, In 2024 we inv981ed in a new DonatlDn C8ntre in Huddersfield and based our online operation there. with 3 view to encouraging this part of our retail operation. Initial slgns are that this is a posillvè movè and will give us real opportunlties lo reach new custom6rs. Donations and Legaeles continue lo be a major part ol our incorne, and we ar8 hugely grateful lo those individuals who give so gen9rously and who remember us in th8ir wllls. We wanl lo make sur8 that all those who choose lo rnake gifts know how mLich we apprèci8tè them, and we will be showing our appreciation with some 8pecral gvanls In the near future. Lale in 2024 we linalised a proposal lo upgrade and expand th8 facilities on offer al our Wadg st¢1 Animal Centre. This is a masslve and exciting projocl- although we cannot 8Xt8nd th6 slle, we can build within th9 space, and as well as bringing the animal housing up to the very latest specification, we hope lo providè additional spaces and subslanlial new lacilillos lor events, open days, training and providing rnore opportunity ltsr the public lo visit and appr8ciat6 the work we do, We have given this the lille of 'Project Pawsome - The Big Refurb. and we will be going public wilh the plans this summer. with a view to start building in the autumn. We have 81s0 appoinled a new CEO. Andy Proudloot, who Joined us in March 2025. Andy has pi8vious experience in charity managgmont. and commilled lo anitn21 welfare. he brings a wgalth ol ideas which we are surè will h8lp us lo achieve our aims ovor the next several years. There is also a change in our oiganisational slalus. We have taken the decision lo become a CIO Icharilatsle Incorporated Org8nisationl. This is a charitiès, equivalent of a 'LiEnited Company,. It provides us wlth some legal safeguards lo protect Ihe organlsalion and the Truslo&s, and is a much safer form lor us to work wilhin. particularly when w8 have a huge prol8CI t(> unclèrtake. All Ihg ourrenl assets and activit188 have now moved to the new organisalion with effect from 1 April 2025, and we have a new identity and charity nurnb$r. so In future we will be reporting as 'RSPCA Halifax, Hudderslield, 8radlord & District CIO,. charlly number 1208564. As athays, thanks are due lo so many people in achieving our results this yoar and in continuing lo make thè Branch a success-. Thanks to our amazing staff the Animal Centre t8am, our Fundraisers, those running our Charity Shop5 and the key support staff who handle 811 the adThinistralion and finance none ol this would be possible wilhoul the hu9e knowledge and commitment they brin9 to Ihelr roles. Thanks again to our equally amazing volunteers wg were ass1Sted by 223 volunteers in Fundraising and Charity Shops and 190 ifi the Animal Centre duiing 2024- their help has been invaluabl8. and they L)ring so) rwch lo the success of our aclivilies.
RSPCA HALIFAX. HUDDERSFIELD, BRADFORD & DISTRICT BRANCH TRUSTEES REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Thanks toD, lo our supporters- all those who offer us support in other ways. not just by Ihe wonderful donations we receive, bul providing informatlon and feedback and letting u5 know that our eftort8 3re appreclgled and worthwhile. Last, but by no mèans 18ast, Ihanks to OUT Twslees, who have worked so hard during the last year to fill the gap belween the leaving ol the previous Branch Manager and the arrival of our new CEO. We all have learnl a great deal mole aboul the day-to-day aclivili&s of th¢ 8ranch and this has only in¢re8sed our respect ror our colloagues as well as giving us a much beller understanding of what is Treeded lor our success. We have some small changes in roles- Carol W8tkinson has taken over the role ol Treasurer frorn Sue Cordingley, who remains a Trustee. and I have taken on the role of Chair. Nr>w th& role ol CEO is filled, we have the additional résoure8 W8 need to help u5 tak8 th8 or9anisation to¢ward to even bgttor outCDffie5 lor animals. Jo Brimble Chalr of Trustoos
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH TRUSTEES REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 stallstics Summary statisti¢s of anlmal w•lfare a¢tivitiès ar8 shown bolow: 11IANIMALS IN BRANCH CARE 1.11 At start of th¢ oar Animal Cenlie Foster GarE Private Boardin Velerinary Clinic I hDspital Balance at start of month Dog Cal Rabbit Misc Total 11.2 INTAKE catego Inspeclorale-casè animals nspeclorale-wgllar¢ Concern Insp8elorale-Networked from PBE I society. ttospital 8ranch welfare ¢onttèrn Welfare concern vÉa NCC Home for Life & bofn in branch care Transfers IN - other RSPCA Returns rotal IN. welfare reasons Dog Cal Rabbit Total 13 Total IN- non-weifare 1.31 AnSmals OUT Reason for leovin Dog Cal Rabbit Misc Tolal Rehorn8d Died Translers OUT-OlhÉr RSPCA Translors OUT-Non-RSPCA other PTS Total out
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Statistics- eontlnuod 1.41 Anlmals PTS in branch care Reason Vet Advice Anitnal'5 best inleiesl ression Behavioural Unwanledlunhomed Orphaned Feial Legal Total Cat Rabbit fi4isc Total 11.51 In carg at èar end Animal Celllre Foster Care Private Boarding Veterinary Clinic I hospital Balance at end of month Dog Cèt Rabbit Misc Total 1.61 Length of Stay No. of rton-case animals 0-3 months 4-6 monlhs Over 6 months Total Dog Cfjt Rabbit Misc Total No. of Case animals Homevisillng Dog Cal Rabbil Mis fotal Pre-home visits Post-home wisils {31 Neuterln Dog Cal Rabbit Misc Total Branch animals Other RSPCA animals Publlc l other owned clini Publlc l other owned olh8r Total
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Statlstlcs contlnu•d 141 Welfare Asslstance (veterinary ear•) Dog Cal Raobit Total other RSPCA animals Inon-branchl Ptsblic l olhei owned - clinic Public l othèr owned other Sub.Total PTS al owller's Insistence Microchip ing Cat Rabbil Misc Tot81 Branch Animals Other RSPCA anima15 Public l other owned- clinic Ptsblic l other owned other Total 16IFlnancial Su ort foi anlmal welfare activitle5 RSPCA regional schemes Other RSPCA branches othèr animal welfare chari1185 Total £ 171 Feral Cat No. r>f Feral cats noutered & Feleased
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH TRUSTEES REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Financial revl8W The financial position ol the charity al Ihe year ended 31 December 2024 is dÈt8iled bdow.. ThB total Incoming resour¢?$ lor the year were £2.526,495 12023". £2,378,969) including legacie5 01 £664,325 12023.. £530,645), expenditure was £2,281,32512023'. £2,170.4131, wittt nel gain on investments of £18.45512023= £28,061), resulting in a nel surplus ol the year of £263,62512023.' £236,6171. The cost of maintaining thE animal welfare op8ralion, providing appropriate levels of care and rehabilitation lor animals awaiting rehoming and kjndertaking pro-active animal welfare in the local community meant that the Branch spent £1,059,00612023". £961,726) on ch&rltabl8 activitiès during Ihg year. Support costs including salary costs lor the branch managei and finance team and audit cosls totalled £94,449 12023 £107.4891. Th$ charlly shops neiwoik brought in sales and related income of £1.333,224 12023.. £1,375,032) against expenditure of £1,106,014 12023.. E1,065,0581, yielding a nel oontribulion to the charilable activities L)1 £227,210 12023.. £309,974) ov81 the year. Reser& policy Al the 8nd of the year the Branch held &n accumulated fund of £4,992.75212023'. £4,729,127) of which £1,979,012 12023.. £2,000,000) has been designated by thè Trustees as a separate fund to go towards a majof upgrad8 to our Wade Street Anirnal Contre. The designated fund brought lorw8rd ol £2,000,000, relating lo the animal centre. has been redtJc8d by costs in the year r)f £20.988. Tho trustees have also established three further designated lunds, lor potential r8dundaAcy liabilily costs as alculated at the year end of 2135,921, lease commilmgnts held at the year end lup lo break dates) of £373,359 and revaluation cosl estimated al £175.230 The Trustges have reviewed Ihg Branch reserve5 policy and agr88d la6 following.. the Bran¢h holds reserves in order that levels ol seivice provided for anlmal welfare may be maintsined Should there be a roducllon In incoming iesources, this should be equlvaleTrt lo between 6-12 monlhs expenditure reserves In this context should rllean funds that are freely available lor Èhe Branch's general purposes aftér all commitments h8vo beon mel The Truste8s Ihèrolore agreed lo exclude langible fixed assets such as property. vehicles and pquiprnent togèther with any reslricled tsr designaled funds held by the Branch from the calculation ol general reserves. 2024 2023 Total roserves Less Tangibla fiKèd assets lunrestrietèdl Less ,' Designated fund - Animal Centre Lèss .' Designated fund Leases Less .' D6signaled fund - R8dundancy 4.992,752 1537,1961 11.979,0121 1373,3591 1135,9211 4.729, 127 1472.5311 12,000,000) 1291,5741 1127,3441 1,967,264 1,837.678 The Branch Iher8for8 h8ld some £1,967,62412023 ." £1,837,678> in 8V8ilable, 'Iree', reserves at the year end. Such geneial re$erv85 represent approximately 10.3 months expenditure based on 2024 levels of 8xp8nditur6 12023. 10.2 monlhsl. This level ol reserves lalls within the Iruslees desired range of 6-12 months.
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEM8ER 2024 Principal funding sourcgs The principal sources tsl fundino for the Charity are légacy Ineome, dornalions from the public and incomo from the network ol charily shops. Invg*tment Pollcy The charity has eslabllshed a formal inve51menl poli¢y. as daled 19 March 2024. The policy Fs lor long term r8S8rvès to be invested lo grow over a 3 lo 5 year period al a target rale ol above Ihe rate ol inllalion. The short-term reserves should be InvestEd emphasising certainly of value and should equalÈ to 6 to 12 months ol g8neral opèrating costs. With the objective lo geneiale 3 rale ol relurn ol above the rate r>1 inflation and lo provide funds for c8Pital devolopm¢nt projects, whilst preserving capital v&lue and minimising risk, capital volatility cannot be loleialed. Assets should a150 be readlly available to meet unanlicipaled cashflow r8quir$manls. The Charity 15 eommilted lo ensuring Ihal invgslments are made in a responsible manner. The Pollcy seeks lo ensure that a balancts Is struck belween our investment aims and our charitable aim lo support animal welfare. The Branch's policy aims to follow National Soclety guidance on ethical invsstments. The Board ol Tfuslees has managed with th6 pmfessional advice ol investment deci5i0ns to thE Finance Committee. Inv85ttnent management is delegaied lo Eas00d Financial Services, an indep8nd8nt fjnanclal $ervic£s adviser regulated by the FSA. Structure, govefnancg and management The RSPCA Halifax, Huddersfield, Bradford & Distfict Blanch (the Branch) is consliluled as a charitable unlncorporal8d association and is govoined by the RSPCA Branch Ruleslss rèviséd January 20121. The Branch adopts th8 policies of the Royal Society lor the Prèvention of Cruelly lo Animals Ilhe National Socielyl, but has béen a separately registered Gharity since 1963 in accordanee wilh thè Chari118s Act 1960. Conslftlulion The charity is governed by a Committee elected from arnongsl the Branch membership al each Annu81 Genèral Meeting to manage the affairs of th8 Bronch for the ensuing ye3r. The Committee must consist ol a minimurn ol seven and not more than fourteen elec18d mémbers and has the power to co-opt a luilhèr threa members who shall bg Ttustees ol the Branch until (he next Annual G8nèr81 Moating. The officers of th8 Branch are appointed from amongsl the Committee and shall, as a minimum, consi81 of a Chairperson, Secrèlary and Treasurer all servino Sn an honorary capacily. The charity trustees h8v8 Individual and collective responsibiltly lor the management ol the Bfanth and ils funds. Subject lo the overall supervision ol the National Swiety. the Committee controls and monitors all the lundralsing and animal welfare inilialives und8rtaken by the Branch.
RSPCA HALIFAX. HUDDERSFIELD, BRADFORD & DISTRICT BRANCH TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 The tru$tèès who 58rvgd dudng the year end up lo the datè ol signature of thè financial statèments were.. V Aspey C Harris E Lindsay C Vvatkinson L J Figher S Coidingley J Biimble M D Williams J Evans C McNally L Manko B Wakelir¥ (Resigned 1 Oecetllbtrr 20241 (Resigned 12 Sfjplember 20241 IAppoinled 11 July 2024 and resignod 7 December 20241 (Appointed 9 May 2024 and resigned 25 Novembei 20241 (Appointed 11 July 2024 and resigned 12 January 20251 RolES ol trustees The following honoiary roles w8r8 held by trustees during the yeai.. J Brimble C Walkinson V Aspey Honorary Chair Honorary Treasurer Honorary Secretary Organisational struclurfr The Branch Manager, acting on the aulhorily Df Ihe trus188 board and specifically accountabla lo one of its tiustees, managès the Branch on a day to day basis through the senior management team who are acwunlable lo him. Hè also conlribLiles lo the strategic thinking and dev81opmènl within the Branch. The administr8llon ol the Branch and the operation ol the animal re-homing, welfare neutering and welfare assistance schpmès are rnainly conducted from the Branch animal centre in Wade Street. Halilax. Th8 Branch runs a network of aight charity shops and one Ebay hub supportad by a charity shops area manager. The charity shops sell mainly se¢(>nd-hand goods donated by the public lo rals8 funds lor the Bfanch's charitable activitie5. The charity also has its shop al the animal centre, selling new animal re5aled goods. The Branch works closely with staff from the Nattonal Society Headquarters and Regional Headquarters and in particular RSPCA Insp8Ctors and Animal Rescue Officérs in pursuit of the charity's objectives. Remunerah'on policy The key management personnel of the charity, along with the board of trustees, have beèn identified as thosè slafl in charge ol directlng and Controlling the charity and running and operating the charity oll a day lo day basis. All trustees give ol Iheir lime freely 3nd no trustee rernunèration was paid in the year.
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 oth&r mat19rs Risk managemenl The Blanch has a risk manag8mènl strategy, which comprisos., an annual rèview ol the risks the Bharity tnay lace the eslablishm8nt ol systems and proceduf8S lo mitigate those risks Idenlilied the implemgntalion ol procedures lo minimis8 th8 polontial impact on the Gharily should those risks materialise Thè Trustees have identifiod slx main areas of risk and thèsè are.. loss of reputation through error OT fraud loss ol income Ihrou9h eiroi or fraud loss ol income through poor investment performance insufficionl trustees lor the Branch lo continue insufficient volunteEf5 lor lundraising activitiès insufficient funds lo cover thè costs ol animal w#llare acllvllies The Trusleos have implemented an ongoing review of the Branch 8 polictes. pmcedtsres and controls lo ensur& that these are adequate lo mitigate the main identified risks. Th8 trustÉès rèpctrrt was approved by the 803rd ol Trustees. C Walkinson Trust8e 13 June 2025 10
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees are responsible for preparing the Trustees Report and Ihe financial statements in accordance with applicable 18w and United Kingdom Accounting Standards Iuniled Kingdom Generally Ac¢¢pted Accounting Piaclicel. The law applicablo lo charities Èn England and Wales raquires the trust885 lo prepare financial stal8menls for each financial year which give a true and lair view ol the slate ol affairs ol the chaiity and tsf the incoming reso[CeS and application of reSoUrS of the charity lor that year. In pieparing these Iinancial sialemenls, the trustees are requirpd to". select suitable accounting poliries and then apply them consi51gnlly., obseNe the methods and principles In Ihe Chariltes SORP", mak6 judgements and estimates that arè reasonable and piudenl., stale whether applicable accounting Standards have b8en lollowed, subject to any material d9partur85 disclosed and explained in the financial stalemen18', and prepare the financial stateménts on the going Goncern basis unless il is inappropriate to presume Ihal the charity will continue in operation. The trustetts are respon8ibl8 ftrr keeping sufficient accounting records that disclose with reasonable accuracy al any timè the financial position ol the charity and enable them lo ensure that Ihp financial slalem8nts comply with the Charitlas Act 2011, the Charity (Accounts ond Reports) Regulations 2008 and Ihg provlsions ol the trust deed. They are also r95ponsible for 581èguarding the assets ol the charily and hence lor taking r8asonable steps for the prèvention and detection of fraud and other irregularillès.
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH Opinion Wg have audltèd the financi81 stal8men15 01 RSPCA Halifax, Hudderslield. Bradford & District Branch (the 'charity'l foi the year ended 31 December 2024 which oomprise Ihe statement ol financial aclivilies, the balanTr sheel, the statement ol cash flows and notes lo the financial statèments. including significant accounting policies. The Ilnancial reporling framework that has been appli8d in their preparation is applicable law and Uni18d Kinodom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Stanclard appliGablp in thè UK 8nd Rapublic of lfftland (Uniled Kinodom Generalty Accepted AccoLinting Praclicel. In our opinion. the financial statements.. give a true and fair view ol the slate ol the ch8rily's affairs a5 8t 31 December 2024 and ol its incomlng resour¢8s and application of resources, for the year thén ènded.. have been properfy prepared in ac¢ordanee with United Kingdom Generally Accepted Accounting Pfactl,. and have been prepared in accordan with the Charities Acl 2011. Basis for opknion Wa conduclgd our audit in 8ceordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilili8s under Ihosrs sldndards or8 further described in the Autlitor's responsibilities for the audil ol Ihe finanGial slalemeriés section of our port. We are independonl ol the charity in accordance with the ethical requirement5 that are relèvant lo our audll ol the financial slalernents In the UK. including the FRC'S Ethical Sl8ndard. and wè have lullilled our other ethical responsibilitie5 In accord8n¢e with these iequlrèmenls. Wg believe th81 the audit evid8nce we have obtained is suf*i¢iont and appropiiale to provide a basis for our opinion. Concluslons r•latlng to goirhg concern In auditing the financial stalernenls. we have concluded that the Iruslees us¢ ol the going concern basis of accounting in Ihe preparatlon ol the linancbal slalemenls Is appropriate. Based on th$ work we hav8 perfomied. wp have not Identified any Tllalèrial uncer18inlies relating to events or conditions that, individually Dr collectively, may cast significant doubl on the charity's ability to continue as a going concèrn for a period of at1east twelvg months from when the finanGlal statements are authorised for issue. Our responsibilities and th& r8sponslbili11gs of the Irusiegs Wlth f6spe¢l to going concern are described in Ihg relevanl sections ol thls report. oth•r information The other information GQtnprises the informalion includad in th8 annual report othér than the financial stalemanls and our auditor's rEporl Iher80n. The Iru5tBe5 are responsible for the other inlorrnation contained within the annual report. Our opinion on the linanclal slalemen15 does not cover the other inlorm81ion and we do not express any form ol assuranca conclusion theroon, Our responsibility is lo read Ihp other information and, in doing 50, consider wh8th8r the olhei information Is materially Inconsistent wllh the financlal slalemen15 or our knowledge obtained in the coursè of the audit, or otherwise appears lo bé malerially mi5slaled. If wè identify such rnaterial inconsistencies or apparent material misslalemenls. we ale requirèd to determine whether this gives rlse lo a materkil misslatemenl in tha financial stalement5 themselves. 11, based on the work w8 hava performed, we Conclude that Ihere is a material misslatern8nt ol this oth¢r information, we are required to report Ihal lacl. We have nothing lo report In thi5 reg8rd. Matters on which we are requir¢d to report by exception We have nothing lo rgporl in respèct ol the following mallers in relatlon lo which the chaii118s IAecount5 and Roportsl R8gulalions 2008 require8 US to port lo you il, in our opinion.. the inlDrmation given in the financial statements is Inconsi5tenl in any m8t8rial respect with the truslegs report.. or sufficient accounliiig records have nol b9en kept., or the financial statements are not in agreement with the 2ccounling records., or we have not received all Ihe information and explanations we require lor our audit. 12-
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH Re5ponslbllities of tfustees As explained tnore lully in the st8t8mgnt of trustees r85PQn5ibilitl8s, the trustoes are responsible for thè preparation ol the financial slaletnenls and for b8ing satisfied that Ihgy giv8 a Irue and fair view. and lor such int8rnal control as the trustees delermine is nècessary lo enable the preparat%on of financial slalemenls Ihal are free frorn malerlal misslal&mgnt, whether due Its fraud or error. In prppadng Ihe financial statements, the truslÈès are responsible lor assessing the charlly's ability to continue as a going conc8rn, disclosing, as applicable, matters rèlated to going concèrn and using th8 golnu concerll basi5 01 accounting unlèss the Iruslee5 either intend lo cea8e operations, or have no realislig alternative bul to dr> so. Auditor's r95ponsibilities for th• audit ol thg financial slalements W8 hav8 bè8n appoint9d as auditor undér $8Ction 144 01 the Charities Act 2011 and report in accordancè wlth the Act and relevant regulation8 made or having effect Ihereunder. Our obj8clives are lo obtain m8sonable assurance obout whgthèr the financial slatetnBnts as a whole are fr88 from material misstatement, wh@Ih81 due lo fraud or ¢rroi, and lo issue art audilorfs report that includes our opinion. R6asonable a55urancE is a high 18v61 of assurance bul is not a guarantee that an audit conductèd It) accordance with ISAS IUKI will always dèl&cl a material misslalement whèn 11 axisls. Missta18menis can arise from Ifaud or @rror and are considered material il, individually or in the aggregate, thèy could reasonably be èxpected lo inflyencFJ tha economic decisicns ol users taken on the basis ol these financial statgm¢nl5. The exlenl lo which our proeÈdur6s are capable of delecling ifregular¢llgs, Including fraud, is detailed below. A further dascriplion of Ouf responsibilili8s is available on IhÉ Financial Reporting Council's website at.. htlps'.11 w.frc.org.uklaudllorsresponsibililies. This descripts'on forms part of our audltor's report. 13-
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH Oth•r matters Our approaGh lo identifying and assessing the risks of material mi551atement in respect ol irreyularilies. including fraud and non-compliance with laws and regulations, was as follows." The engagèment partner ensured that the engagement team co11eetlvely had the appropriale compe18nce, capabilities and skills lo identify 01 recognise non-compliance with 8pplicabl6 laws and rggu13tions", We identified the laws and regulations applicable lo the company through dis¢u$slons with dif8Ctots and other management, and from our Commercial knowledge and experiènee ol the industry sector,. Wè focused on speGllic laws and regulations which we considered may have a direct malerial effèct on the financial statements or thè operations ol the company, Including the Companles Act 2006. taxation legislation and data pyolection, anti-bribery, employment. environmental and health and sal8ly legi51alion., We assessed Ihg ext8nt of compliance with the laws and regulations identified above through maklng enquiries of management and inspocling legal cotrespondence,. and Ensured laws and regulations w8re cornrnunicaled within the audit team regulaily And the team remained alert lo instances of non-compliance throughout Ihe audit. W8 assessed the susceplibility of the company's fInaclaI slat8menls to malersal mi5St818mènt, induding obtslning an tjnderstanding of htsw fraud rnighl occur, by.. Makin9 enquiries ol m8n8gemenl as lo where they consldored there was a susc6ptibilily lo fraud, their knowledge ol actual, suspectod and alleggd frgud-, Considering th8 inlarnal controls in placo lo milioate rlsks of fraud and non-compliance with laws and regulations., and Understandin9 the design of the company's remurteralon policies. To address the risk ol fraud through rnanagBmenl bias override of controls, we., Pertortned analytical piocedures lo identlfy any unusual or unexpected relationships.. T8sled journal eAlries lo identify unusL&al transactions Assessed whethèr judgements and assumptions made in determining the accounting estimates sel Dut In note 2 were indicative of polenlial bias., and Investigated the rationale behind significant Dr unusual Iransacllons. n resprinse to the r4sk5 of irregularities and non-complianGg with laws ancl regulalions, we desi9ned procedures which included, bul wère not limited lo.. Agreeing financial slal8mBnt disclosures to underlying supporting documentslion., Reading the rninules of meelings ol those charg8d with governance., Enquiring ol management 8S to aclual and PDtEnlial litigalion and claims., and R8viÈwing corr8spondence with HMRC, relevant fègulalors and the ctsmpany's leoal advisors. There 8r& inherent liflliiations in our audit piocedures describod above. The morè rernoved that laws and iegulalions are from the financial Iransaclions, the less Ilkèly il is that we would becom8 a%vare ol non-compllance. Auditlng standards also limit tha audit proc8dur9s required to idenlify non-compliance with laws and regulations to enquiry of th8 director8 and other management and Ihg inspection ol regulatory and18981 correspondence, If any. Malg1181 misslalement5 that arise due lo fraud can bE harder lo detect than those that arise Irotn error as they may involve dÈlib8rale concealment or collusion. 14
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH Use of our report This report is made solely lo the ohaiity'5 trusle&s, as a body, in accor¢Jance with Part 4 of the Charities IAccounls and Reports) Rggulations 2008. Our audit work has been undertak9n so that we might stsl8 lo thè charity's trustee8 those matters we ar$ required lo slate to them in an auditor's report and for no other purpose. To the lullesl exlenl permittèd by law, we do not accept or assume responsibillly lo anyone olhol than Ihe charity and Ihg cha¥ify's trustees 8s a body, lor our audit work, lor this report, or lor the opitFions we have IoTmad. (Senlor Slatutory Audilorl For and on behalf o18K PILIS Audit Limited. Statutory Auditor CHARTERED CEFiTIFIED ACCOUNTANT 52 Sl Johns Lana Halilax Wesl Yorkshire HX1 28W England Date.. BK Plus Audit Limi18d is eligible lor appointrn6nl as auditor of the chaiity by virtue of ils eligibility lor appointment as audittsr of a company under section 1212 01 Iho Companies Act 20D6. 15-
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestri¢tgd funds 2024 Unr8strlctod funds 2023 Note5 Income from.. Donations and legacies Charitable activities Othar trading acliviti8s Investtllents T84,640 222,975 1,457,2e6 61,594 641,684 192,549 1,494,120 50,616 Total Income 2,526,495 2,378,969 Expendlture on.. Raising funds 1,130.435 1,098,526 Provision of animal welfare services 1,153,455 1,069.215 Qlher Éxp8nditure 13 12,5651 2,672 Total èxpèndlture 2.281,325 2,170,413 Nel gainslllosse51 on investment5 14 18.455 28,061 Net in¢om8 and movement in fund 263,625 236,617 Recon¢lllatlon of lunds.. Fund balances al 1 January 2024 4,729,127 4,492,510 Fund balances at 31 December 2024 4,992,752 4,729,127 The slalement of fingnaal activilies includes all gains and losses rectsgnised in tha yoar. All income and expgnditufe d¢rive from continuing actlvlties. The notes on pag8s 19 to 34 lorm part ol these financial statements. 16
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH BALANCE SHEET AS A T 31 DECEMBER 2024 2024 2023 Not8S FSxed assets Tangible a8$8ts Investments 16 17 537,196 442.298 472,531 1.673,843 979,494 2.146.314 Current assets Stocks Debtois Cash al bank and in hand 18 19 24,D88 782.863 3,306,619 31,246 416.952 2,232,497 4,113.570 2,680,695 Credltors: amounts falllng due wlthln one y•ar 20 1100,3121 197.9421 Net current assèts 4,013,258 2,582,753 Total assets less eurrant Ilabllllies 4,992,752 4,729,127 The funds ol the charlty Unrestricted funds 22 4,992,752 4,729,127 4,992.752 4,729,127 The notes on pages 19 to 34 form part of thsse Ilnancial slalemènts. The financlal stalernents were approvEd by the trustees r>n 13 June 2025 C Watkinson Trustè 17
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Notgs Cash flows from operating activities Cash labsorbgd byllgeneratèd from operations 27 1116,4951 870,939 Investing acllvities Purchase ol tangible fixed asset Proceeds Irc¥m disposal of tallglble fixed assets Proceeds from disposal of investments Investment Incom8 received 1125,9761 13,2931 4.999 1,250,000 61,594 50,616 Net cash g•n•rat6d from invèstlng activit1¢¥ 1,190.617 47,323 Nét cash generated from financing actfvltles N•t Increa¥e In cash and cash •qulvalent8 1,074,122 918,262 Cash and cash equivalenls al beginning of y8aT 2,232,497 1,314,235 Cash and ¢•$h equlvalents at ènd of yeai 3,306,619 2,232.497 Th¢ nDte5 on PeS 19 to 34 form pari of thase financial slalemenls. 18
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcles Charity Inlorniatlon RSPCA Halifax, Huddersfield, Bradlord & Di51ricl Branch is an incorporated chglity, regislered wilh the Charity Commission on 31 October 1963. 1.1 A¢countlng convention Thè financial slalemenls have been prepared in accordance with the ¢harity's governing document, Ihe Charitie8 Act 2011, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic ol Ireland" and the Ghariligs SORP "A¢cDunling and Reporting by Chaiities.. Statement of Recomm8nded Praclice applicable lo charities prèparing Iheir ac¢oun15 in accordance with the Financial Reporting Stalldard applicable in Ihe UK and Rèpublic ol Ireland IFRS 1021.. The charity 15 a Public Benelll Enlily as definèd by FRS 102, The financial slalem6nts have departed froTn the Charities (Accounts and Reports) Regulations 2008 only lo thg 8Xtent required lo provld& a true and lair vi8w. This departure has involved following the Statèmènt of Recommendèd Practice lor Ghaiities applying FRS 102 rather than Ihe version ol the Stalem8nl ol Recommended Pra¢lice which is reforred to in the Regulations bul which has since been wlthdrawn. The financial statèm8nts are prepar8d in sterling, which is thÈ ILJn¢tional currency of the charity. Monetary amoun15 In these financial statements are roundod to th$ nèarest £, The financial stalèmenls have been prePad under the historical cost ctsnvenlion. Imodlfièd to include the revaluation of freehold properties and to Snclud8 Investment properties and certain financial instruments at fair valuel. The principal aGcounting policies adopl8d are set out below, 1.2 Golng concern At the time of approvlng the financlal statements, the trustees have a reasonable expectation that the charity has adequate restsurces to continue in operational gxlstence lor the IDrèsèeable lulure. Thus the trle@S continue lo adopt the going concem basis of accounting in preparing the financial stalements. 1.3 Charltable funds Unreslricled funds ale available lor use at the discretion of the Iruslees in lurtherance ol their charitable objoctives. Designalod funds are Ihosg sp8cilically ringfenced by the truslees lor particular activities. Restricted lund5 are subject lo specific conditions by donois or grantors as to how they may be used. The purposès and uses ol the re51ricled funds arè sel out in the notes to the financial slalemenls. Endowrn8nt funds are subjo¢1 lo specific condillons by donors that the capital must bè m8inlained by th8 charity. 1.4 Income Income is r8cognisecl when the charity is legally anlltled lo il after any pèrformance Conditrons have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations ere recounisod on receipt. Other donations are r8cognised once thè charity has been notified of the donation. unless performance conditions r8quire deferral of the amount. Income tax recoverable i relation lo donations received under GiftAid OT deeds of covenant is recognised al the lime ol the donation. 19
RSPCA HALIFAX. HUDDERSFIELD, BRADFORD & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policiès Icontinu•dl LegaGie8 are focognised on ro¢eipl or o$heI58 if tha charity has been nolilied of an imp8ndSng dislribulion, the amount Is known, and receipt 15 expected. 11 the amount is not known, the legacy is tr6ated as a contingent assèt. Legacie5 iacelved via the Branch Legacy Schem8 are shown gross, without deduction ol the scheme co51s. Ihe associated Charges are shown within costs of fundraising aclivilies. 1.5 Expgndlture Expendilure is re¢ognised once there 15 8 legal or consliucllve obligats'on lo transfer economic b8nèfit to a third party, il is probable that a Iransler ol economlc benefits will be required in selllomenl, and the amounl 01 the obligation can be measured r81iably. ExpÈnditure is classified by activity. Th8 Costs ol each activity are made up ol the lotal ol dIrt costs and shared wsls, including 8UPPOrt costs involved in undertaking each activity. Direct costs 8ttributable to a singlg activity ar8 allocated directly to that aclivily. Shared costs which conliibule to more than one activity and support costs whieh are not 31tributable to a single activity are appOrtned between those aclivilles on a basis ¢ons151ent with the usa ol resources. Central staff costs are allocated on the basis ol lime spent, and depre¢ialion charges are allocalod on the portion of tha asset's us8. 1.6 Tanglble fixed assels Tangible lixsd assets are initially measured al cost and subsgquently measured al co81 or valuation. net ol depreciation and any impairrnent losses. 11 is the policy ol the charity to Gapitalise assets costing in excess al £500. Depreciation Is recognised so as to write off the cost or valuallon ol assets less their residual values over their US8ful lives on the following bases., Freehold land and buildings Leasehold improvemenls Fixtures and fittings Computers Motor vehic19S 2.SYo on cost 20°/o Ofl cost and Dver the remailling life ol Ih81ga8e 20°/o on cost and over the remzining life of the laase 33Vo on ¢osl 25Y4 on cost Thè gain or loss arising on Ihe disposal ol an asset is dgtermined as the diff8r8nce between thè sale proceeds and the carrying valu¢ of the asset. and is recognised in the slatèmenl ol finan¢ial activities_ 1.7 FSxed assgt Éiivtstments Fixed asset Investments are initially measured al Iransaclion prlce excluding tran5aclion costs, end afe subsequently measured al lair valu6 al each reporting date. Changes In lair valu8 are recognised in nel incomèllexpendilurel for the year. Transaelion cos15 afg 8XP8nsed as incurred. 1.8 Impairmènt of fSxed a¥s8ts At each reporting end dale, the charity reviews the carrying amounts of ils tangible assets lo delerrnine whelh8r Ihefe is any inds¢alion that those assots have suffered an impairrn8nl loss. 11 any such indication exists, the rEcov8rable amount ol the ass81 is èstimated in order to delemine Ihe exlenl of the itnpairmenl boss lil any). -20-
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng policl•s Icontlnuedl 1.9 Stocks Stocks are slated at th8 lowBr of cost and eslimaled sg11ing prlce less costs lo compl@le and 5811. Cost comprisos direct materials and, wh8rè applicable, direcl labour costs and those overheads that hav8 beon Incurred in bringing the slocks lo their presènt location and condition. Items held lor dlslribulion al no or nominal consideration are measured the lower ol repla¢amgnt cost and cost. Donated goods recEived by the charity's shop network, for resale, are not valued within Ihe financial statements, as il is not piactical or possible lo reliably rn8asure the value of this stock at the yèar end. 1.10 Cash and cash gqulvalents Cash and cash equiva19nts include cash in hand, d8p051ts held al call with banks, other 5hort-lerm liquid inv8Sttllènls with original maluribe5 01 three months or less, and iiank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.11 Financial instrumènts The charity ha5 91ected to apply the provlsions of Section 11 'B8sic Financial Inslrumenls, and Section 12 'Other Financial In51rurnonts Issues, of FRS 102 10 all ol ils financial inslrumenls. Financial instruments are recognisèd In the charitys balarice sheet when (he charity becomes party to the contractual provi810ns ol the inslrurn8nt. Finan¢lal assets and liabilllies are offset, with the net amounts presented in thè financlal sialemenls, when there is a legally enforceable right lo set off the recognis8d amounts and there 15 an inlenlioTr 10 Settle on a nel basis or lo rgalis8 tha asset and Settle tho liability simLtltaneously. Baslc financial assets Basic finantial assels, which includ8 d&btors and cash and bank balances, are initially m8asured al transaction price including transaction costs and are subsequently carried at amortised cost using the eff8clive intèrèst method unless the arrangement conslilules a financing transaction, whère the transaction is measured al the present valug ol th& future reip1S discountod al a market rale ol int8r8st. Financial assets classified as receivable within cine year are not amortised. Basic flnanclal Ilablllll8S Basic financial li8blllties, including creditors and bank loans arÉ initially recognised at transaction price unless Ihe arrangement constitutes a financing transaGlion, where the dabt instrument is measured at the present value of the future payments discounl8d at a market rate of interest. Financial liabilities classified as payable wilhir) one yèar ale not amortlsed. Debt instruments are subsequgntly carri8d at amortised cosL using the effective intere51 rate method. Trade creditors are obligations to pay lor goods or servi¢es that have been acquired Sn the ordinary course ol oparations from suppliers. Amounls payable are classified as cUrn1 liabilities il payment is due within ong ygar or lèss. 11 not, they are presented as non-currenl liabilities. Trade creditors are r&oognisod initially al transaction price and subsequently measured al amort¢3ed cosl using th8 8ff8ctlve interest method. Derecognition of flnanclal114bilitles Financial liabililigs are dgrecognisèd when the charity's contractual obllgations expire 01 are d15charg6d or cancelled. 21
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEIVBER 2024 Acrountlng pollcies Icontlnugdl 1.12 Employee b¢nafit5 The cost csf any unused hollday entitlement is recogr)ised in Ihe period in which the amployee's services are rÉcsivad. Termination bon&fits are recognised immedi8181y 8s an axpanse when the charity is demonstrably committed to leiminalo the gmploymenl ol an employee or lo provid8 tatminalion benefits. 1.13 Retirement b¢neflts Payments to defined contribution retirement b¢nelit schemes are Charged as an expense 38 they fall due. Crltical accountlng gsllmate$ and }udgem¢nts In the application of the charlly's accounting policies, the Iruslees are required to make judgemenls. eslimales and assumptions about the carrying amounl ol assets and liabililigs that ai8 not readlly apparènl Irom other sources. Th8 èslimales and associated assurnption5 are based on historical experienc8 and other laclors that are considered lo bè rèlÉvant. Actual resulls may differ fiom these eslim8tes. The 8Stimalès an underlying assumptions are reviewed on an ongoing basis. RevisKins lo a¢Gounling estimates are re¢ognis6d in the pèriod in which the estimate is revised wh6ra tho revision affects only that pèrlDd, or in the period of Ihg revision alld future periods where the r8vision aff8els both current and lulure periods. Income from donatlon¥ and legacles Uniestricted fund5 2024 Unre$trlcted funds 2023 DonatlOn5 and gifls L8gacies Grants Nrtembership lees 117.543 664,325 1,897 875 99.289 530,645 11,750 784,640 641,684 Gr8nl$ RSPCA- Regional Board Pètlood Bank Grant RSPCA- HQ RSPCA- HQ- Food Bank Giant 11,750 300 1,297 300 1,897 11,750 Branch legacy 5ch•m• The charity is a memb8r ol the Branch legacy 8ch9me. which wa5 established with the object of assisting blanches ol the RSPCA in maximising the amount they ieceive from bequests tnade directly to them, by using the knowlèdga of the legacy dgpartment of the National Society lo handle the 3dministr8lion on bèhalf of the 8ranch. Th8 National Society makes an administration charge 013 10 ol the value ol the bequost lo the Branch prior to Mitting payment. -22-
RSPCA HALIFAX. HUDDERSFIELD, BRADFORD & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Income from charltable actlvlties Llnrèstrlet•d fund5 2024 Unr8strictèd fund5 2023 Provlslon of anlmal we5fare servlces Inspectors and boarding income A Trimal adoptioll income Commission received Animal Centre shop sales inc0rn8 Drugs rebate income Dog training incom Other income 68,037 39,681 16,142 96.544 2.519 30,748 38,744 13,653 104,734 2,737 1,893 40 52 222,975 192,549 Income from other trading a¢tivltl•s Unre5trieletl Unrèstrictèd funds funds 2024 2023 Fundraising events Shop income 124,062 1,333,224 119,088 1,37S.032 Other trading activities 1,457,286 1,494,120 ncome from Invtr$tmants Unrestricted Unrestricted fund8 funds 2024 2023 Divldend and Inte51 receivable on inv8Stmenls Inler8St received on term deposit 13.307 48.287 13,636 36,980 61.594 50,616 -23-
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Exp8ndlture on raising funds Unr•strlcted Unrestrk¢ted funds fund¥ 2024 2023 Fundralslng and publlclty Branch Legacy Schèmè charges Fundraising events costs 18,482 5.939 26,923 6,545 24,421 33,468 Tradlng costs Charity shop operating costs Charity shop staff G05ts 400,206 705.808 414.629 650,429 1,106.014 1,065,058 Total costs 1,130,435 1,098,526 -24-
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Expendlture on charitablg aetivities ProviÈÉon of Provlslon of anlmal animal Wglfar4 welfare sèrvieès 5orvl¢ès 2023 2024 Dlrect costs Staff costs Depreciation and impairmont Animal cenlrg costs Premises CDSts Motor cosis staff costs- Othgr 586,223 55.116 231.975 47.189 5,953 13,636 568,590 15,516 219,016 37.183 4,913 13.695 k 11 Volunteer costs Office Costs Irr8COV8r8ble VAT Maintenance costs Bank charges and fees EARS grants paid Professional legs 27 22,178 30,686 38.772 7,507 2,286 19,458 97 22,286 29.776 31,247 5,607 3,645 10,155 1,059.006 g61,726 Share ol support and 9ovornanc• costs Isoe note 91 Support 94,449 107,489 1,153,455 1,069,215 Analy$ls by fund Unrestrlcted funds- general 1,153,455 1,069,215 Support costs allocatqd to activ6tl•s 2024 2023 Slaff costs Depreciation Computer repairs and maintenance Governance costs 56,987 3,766 28.391 7,305 76.015 3,206 20.703 7,565 94,449 107,489 Analys•d between.. Provision of anlmal welfare services 94.449 107.489 25.
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 10 Nèt mov•mont In funds 2024 2023 The net movement in funds is slalgd after chargingllcredilingl.. Fees payabl8 lor th9 audit ol the charity'5 financial 51al8ments Depreciation of Dwned tangible fixed assets (Profllllloss on disposal ol tangibl& fixed assets 7,305 58.881 12,5651 7,565 30,309 2,672 11 Trustee$ None of Ihe trustee5 lor any p#rsons connected with Ihernl received any remun8ration or b8nèlils from th6 charity during the year. 12 Employeès The average monthly number ol employees during the year was.. 2024 Number 2023 Number Animal Cenlr8 Charity Shops Branch Office Ilncluding lundraisingl 20 33 32 Total 60 60 Employmont costs 2024 2023 Waqes and salar(es Social security costs oth8r pension costs 1,233.739 89,652 25,627 1,189,891 80.717 24,426 1,349.018 1,295,034 There were no employeès whose annual rgmunerallon was more than £60.000. Remuneration of key man89em•nt pèrsonnel The r8mun@ralion ol key managetnent personnel was as follows., 2024 2023 Aggregate c0rnpens8ln 149,531 175,817 -26-
RSPCA HALIFAX, HUDDERSFIELD. BRADFORD & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 13 Other •xpandltura Unr8Strict8d Unr8Stricttd funds funds 2024 2023 Nel loss on disposal ol lallgible lixtrd assets 12,5651 2,672 14 Galns and105395 on Investments Unreslrlcted Unre$lii¢tgd lunds funds 2024 2023 GainslllossEsI arisin9 on., R6valualion ol investments 18.455 28,061 15 Taxatlon The tharity is exempt from laxalion on ils activities because all ils income is applied lor charitable purposes. 16 Tanglbl8 flxgd assets FTg4hold land Loasehold FlxturA$ and and bulldlng5 Improvempnts Computers Toial ¥ehlcle$ Cost or valuallon Al 1 JanLJaiy 2024 Additions Disposals 425.000 224,059 3,665 61,169 5,400 120,397 7,192 71,947 109,719 144.1841 902,572 125,976 144,1841 Al 31 December 2024 425,000 227,724 66.569 127,589 137,482 984,364 Depreciation and Impalrment Al 1 JanLJary 2024 Depreciation charged in the year Eliminated In respect ol disposals 42,500 164,333 43,775 110,728 68,701 430,037 10.625 10,951 3,443 5,620 28,242 58.881 141,7501 141,7501 Al 31 December 2024 53,125 175,284 47,218 116,348 55,193 447,168 Carrying amount Al 31 December 2024 371,875 52,440 19,351 11,241 82,289 537,196 Al 31 Dgrember 2023 382,500 59,725 17,392 9,658 3,246 472,531 27-
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 16 Tangible flxod assots Icontlnuadl Land and buildings wlth a carrying arnoLJnt of £382,500 werè r6v8lued at 1 August 2019 by Walker Slnglelon Chartered Surveyors, indepondent valuers not conne¢ltd with th& ¢harily on the basis of market value. The valuation conforms lo International Valuatn Standards and was based on recent market transactions on a¥m's length terms for similar properties. Al 37 December 2024. had the ievalued assets been carried at historic cost less accumulated depreciation and acoumulated impairment losses. their carryin9 amounl would have been approximatèly E172,611 12023 £188,043). 17 Flxad assot Inv•stm•nts Invostmanls and deposits Cost or valuatltsn Al 1 January 2024 Valuation ch8ng8s Disposals 1,673,843 18,455 11.250,0001 Al 31 Decembei 2024 442,298 Carrylng amount Al 31 December 2024 442,298 Al 31 December 2023 1,673.843 18 Stocks 2024 2023 Finished goods and goods lor resale 24,088 31,246 Stocks indude anirnal related products Ileed, toys, equipment) and veterinary supplies, held by th8 eharily at the year end. 19 Debtors 2024 2023 Amounts falllng due wlthin one year.. Trade dgbtors Other deblor5 Prepayrnents and accrued income 18,437 11,311 753,115 10,975 14,127 391,850 782,863 416,952 -28-
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 20 Credltors.. amounts falling due withln one ytar 2024 2023 Olh9r taxation and social socurily Trade creditor5 Other creditors Accruals and delerred illcome 18,694 53,289 1,280 27,049 19,697 81,071 17,174 100,312 97,942 21 Retlrement beneflt schemas 2024 2023 Deflned contributlon s¢h9mes Chaigg lo profil or Ios5 In mspèct ol defined contribution schemes 25.627 24,426 The charity OP8ralos a defined contribution pension schemg for all qualifying employees. The assels of the scheme aT8 h8ld ssparately from those of the charity In an independently administered fund. -29-
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RSPCA HALIFAX. HUDDERSFIELD, BRADFORD & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 23 Analysls of n•t assets belwetn funds Unrestricted fund$ 2024 At 31 December 2024.. Tangible assets Investments Currenl assetsllliabililiesl 537,196 442,298 4,013,258 4,992,752 Unrestricted funds 2023 At 31 December 2023-. Tangible assets Inve5tmenls Currenl ass81s1lliabilitiesl 472.531 1,673.843 2,582,753 4,729,127 24 Op•ratlng lease ¢tsmmllmgnts L¢ss•e Al the reporting end dale the charity had oulslanding commitments for lulure minimum lease paytn8nts under non-cancellable operaling18gs8s, which lall due as follows.. 2024 2023 Within on8 year Between two and live years In over five y8ars 158,180 188,015 27,163 146,012 145.561 373,358 29t,573 L8ase commilmenls are made up ol.. Land and Buildings commitments related lo the charity branch office and charity shop retail pr&mises amounting lo £389,010 Other operating leases commitments related to offlce equipment 3rntsuntlng to £4,350 .32-
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 25 Ev•nts aftor the reportlng datg Durlng the year. Ihe Iwslee5 S8t up RSPCA Halilax, Huddeisfield. Bradford and district CIO (Charity number 12085641 which is a Charitable incDrporat8d organisation. With effect from 1 April 2025 all Cufrenl assets and aGlivilios ol the cuirenl charity will be transferred to th¢ Clo. 26 Related party transactlons Transa¢tlon$ wlth related partles Duiing th8 year tha charity entered into the folbwtng transactions with related partles.. Sale of goods 2024 Purchase of gootls 2024 2023 2023 Olh¢r related par1193 63.497 36,298 10,483 33,488 63,497 36,298 10,483 33.488 L8gaeles In year 2024 2023 2024 2023 other related parties 664.325 530,645 664.325 530,645 Thè following amoijnls w8ie outstanding al the reporting and date.. Amgunts owed to rèlated partles 2024 2023 Other related partles 740 5,602 The following amounts were outstanding al the r¢pDrting end dale.. Amounts owed by r81at•d partles Amounts owed by related parties 2024 Balance 2023 Balanc• Other related parties 675,550 248.965 675,550 248.965 -33-
RSPCA HALIFAX, HUDDERSFIELD, BRADFORD & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 26 Rglated party transactions Icontinugdl Related parties dis¢los$d above are RSPCA head olfice and ottter 8ranGhes, the charity, is also a ragional member DI Ihe National RSPCA Soeiely, and Iransacls with the National Society in regards lo both the receipt ol goods and services and in the sale ol gocKls and service. The National Society also administers the Branch Isg#cy scheme. which oversees and manages lega¢ies due to individual branches, remittanS a tr8nsferred to the Branch, once receiwed by National Society. The income and amounts due fforn legacies are recognised in aceordance with the accounting pollcy. Legacy rece1Pts are paid by RSPCA Hgad Office lo local branches in a timely manner 27 Cash labsorbed byllg•ngrat*d from operations 2024 2023 Surplus for the year 263,625 236,617 Adjustments for.. Investment income recognised in sl8temenl of financlal activities (Galnllloss on disposal ol tangible fixed assets Fair value gains and 1055es on inveslmenls Depreclallon and impaifrnent of tangible lixed assets 161,5941 12,5651 118,4551 58,877 150.6161 2,672 128,0611 30,310 Movements In Working capltal.. Decreasellincreasel in stocks Ilncreaselldecreasg in debtors In¢r&aselldecreasel in creditors 7,158 1365,9111 2,370 12,2161 691,015 18,7821 Cash labsorbed byllgener&tBd from operation¥ 1116,4951 870.939 28 Analy¥l¥ of changes in net funds The Charity had no material debt duiing the year. -34-