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2023-12-31-accounts

REGISTERED CHARITY NUMBER: 226142

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

Bryan Grey & Co Broadfield House 18 Broadfield Road Sheffield S8 0XJ

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023

Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 17
Detailed Statement of Financial Activities 18 to 19

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023

The trustees present their report with the financial statements of the charity for the year ended 31st December 2023. 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The RSPCA Chesterfield and North Derbyshire Branch is an unincorporated association and a separately registered Branch of the Royal Society for the Prevention of Cruelty to Animals (the Society), carrying out its direct animal welfare work in the areas of Chesterfield and North Derbyshire.

The objectives of the Branch are to promote the work and objectives of the Society - 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.

This is achieved through donations, gifts, legacies, fundraising and trading together with the help and dedication of paid staff and volunteers.

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.

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 2006 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 below and 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.

1

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023

OBJECTIVES AND ACTIVITIES Significant activities

Charitable activities pursued for the public benefit

-We support the Society's Inspectors and other RSPCA branches by taking in mistreated or abandoned animals, including pets whose owners suffer ill health, financial difficulties or pass away. The Society's Inspectorate (as well as providing education, information and advice) rescues animals in distress and enforces laws against the cruel mistreatment of animals in England and Wales by bringing prosecutions. This work is key to 'the prevention or suppression of cruelty' part of the RSPCA objects, and promotes humane sentiments towards animals which involves a moral benefit to humankind as a whole.

-We support our local community by taking in pets belonging to owners living in the local area where the owners are no longer able to care for them. This benefits pet owners who are in need of assistance by rehoming their animals.

-We take in lost animals (other than stray dogs for which the local authority is responsible) and take steps to try to reunite them with their owners. This work benefits our local community by preventing animals straying and posing a risk to themselves and people, for example through road traffic accidents.

-Animals in our care receive veterinary treatment, vaccination, neutering, micro chipping and are assessed for rehoming. This work helps to control the incidence and spread of disease, helps prevent suffering and also helps to control cat and dog populations and reunite lost animals with their owners.

-We rehome animals in need to people willing and able to have a companion animal. Whilst we recognise that companion animals provide measurable benefits to people's physical and mental health, we consider the provision of pets as subsidiary to the main charitable aim of this service, which is to reduce animal suffering. Our policy to charge a reasonable adoption fee for animals aims to highlight the ongoing personal and financial commitment of pet ownership. It would not be in the best interests of animals, and therefore would fall outside our objects, to rehome to those who could not afford them.

-We provide financial assistance towards the cost of emergency veterinary treatment for animals that are sick or injured and belong to local people on low incomes. We do this through a voucher scheme. This work benefits those on means tested benefits by giving them financial help to obtain care for companion animals in urgent need of veterinary treatment.

-We offer free animal care advice by telephone, at our animal centre, by email and via our website. The public benefits through the promotion of responsible pet ownership.

-We provide volunteering opportunities for those who wish to support our work, including trusteeship, animal care, retail and fundraising. This benefits local people and companies by providing the possibility of doing work that is compassionate and rewarding and that can help develop an individual's skills, which may also enhance the volunteer's career prospects.

-We provide educational talks on animal welfare to local schools and community groups and offer tours of the animal centre to such organisations to highlight our work. This benefits the local community by educating people, in particular children, about animal welfare and promoting responsible pet ownership, which benefits society as a whole.

During 2023 the Branch rehomed a total of 324 animals (160 dogs, 160 cats and 4 rabbits). In addition the Branch neutered 180 animals and microchipped 165 animals.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The trustees feel the charity has successfully achieved its charitable objectives during the year, and all involved are committed to maintaining the level of care and facilities currently offered.

2

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023

ACHIEVEMENT AND PERFORMANCE

Fundraising activities

During the year the charity has continued with its fundraising efforts. A supporter engagement officer is employed by the branch to ensure that income from fundraising is maximised and sustainable. Following the rebuild of the animal Centre it is now possible to hold fundraising events at the improved facilities.A fundraising strategy that includes a focus on donor stewardship and communication has been developed for 2024-2025 and the trustees will monitor the results.

Investment performance

The Branch Rules authorise the trustees to make and hold investments in the furtherance of the charitable objectives. Rathbones (incorporating Investec Wealth and Investment) currently manages a discretionary portfolio of investments and cash on deposit on behalf of the branch.

FINANCIAL REVIEW

Principal funding sources

The principal source of funds for the charity is donations together with income from adoptions and trading. Boarding income is received from the National Society and branches for boarding of animals on their behalf and additional income is received from fundraising, legacies, grants and investment income.

Reserves policy

The Branch holds three types of reserves, restricted reserves, designated funds and free reserves. Restricted reserves are held for the purpose of activities specified by the donor. Currently all restricted funds relate to the rebuild program. Designated funds represent funds approved by the trustees for future capital projects. Currently the designated funds relate to residual costs of the animal centre rebuild and the refurbishment of the animal centre office accommodation. General funds represent the free reserves of the branch and tangible fixed assets.

The trustees consider it is prudent that to maintain a level of free reserves that will enable the branch to ensure a level of continuity and have the ability to adjust in a measured way to significant changes in the economic environment and demands on services. It is considered that free reserves should be sufficient to cover at least 8 to 12 months of total operational costs including centre administration, fundraising and support.

In the current year there has been an improvement in the level of reserves. During the year the Branch has legacies receivable of £176,732 (2022 - £1,204).

FUTURE PLANS

Following the completion in 2022 of the principal phases of the animal centre rebuild, comprising the animal accommodation and visitor facilities, work is now underway on the refurbishment of the office area. This will improve the layout of the space, allowing for growth of the branch's team to meet operational needs and strategic objectives, whilst also increasing the energy efficiency of the building in accordance with the branch's ongoing commitment to minimise its environmental impact. The carbon saving elements of the project have been part-funded by the Derbyshire County Council's Green Entrepreneurs Programme. This scheme also supported the installation of solar panels at the animal centre in 2023.

The national Society has piloted a Care Contribution Fund (CCF) that provides financial support to branches for the care of inspectorate animals for up to 90 days. This initiative has been of significant benefit to the branch. The branch's future animal welfare objectives are to increase operational capacity at the animal centre for rabbits and open the small animal unit.

The trustees are moving forward with plans to convert the branch into a Charitable Incorporated Organisation as part of the modernisation of the RSPCA's governance framework. In conjunction with this, the branch is adopting the new RSPCA brand and will be taking a sustainable approach to the rebranding process.

A key priority for the branch over the next year is to expand the volunteer team and develop new volunteer roles. A volunteering strategy for 2024 has been agreed by the trustees. The branch has invested in its volunteers through the recent introduction of a dedicated volunteering app that streamlines the systems for recruiting and managing volunteers and enhances the volunteer experience. The branch also offers training opportunities to volunteers, as well as organising social events and providing a recognition scheme for the contribution of volunteers.

3

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31ST DECEMBER 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Charity is one of a network of RSPCA Branches throughout the country. The RSPCA Chesterfield and North Derbyshire Branch is a registered charity constituted as an unincorporated association and governed by the Branch Rules of the National Society of the RSPCA.

Recruitment and appointment of new trustees

The charity is managed by a committee of trustees and the appointment of trustees is governed by the Branch Rules issued by the Society. The trustees are elected annually by the Annual General Meeting and subject to Branch Rules. However the Board of Trustees is authorised to co-opt new trustees during the year and to appoint replacement trustees to fill vacancies arising through resignation or death of an existing trustee.

Organisational structure

Meetings are held regularly at which the trustees agree the activities of the charity including policies, performance and financial matters.

The Centre is run by a team of staff comprising a branch manager, an animal care manager, a supporter engagement officer, an operations and volunteer co-ordinator and a supervisor who together with full-time and part-time staff, and volunteers, have ensured the smooth running of the facilities available.

The Charity shop in the Market Hall in Chesterfield is managed by a full time manager, a part-time assistant manager, casual staff and a team of volunteers.

Induction and training of new trustees

New trustees are invited to attend meetings prior to their appointment in order to ensure that their responsibilities and duties as trustees are fully understood and accepted. Prior to appointment they are provided with a copy of the Branch Rules and Charity Commission guidance for trustees and, once appointed, further guidance and training is available from the RSPCA to enable them to more fully understand the role undertaken.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

226142

Principal address

137 Spital Lane Chesterfield Derbyshire S41 0HL

Trustees

Mr Peter Cashford Mrs Alison Higgins (resigned 14.6.23) Mrs Georgina Francis Mr Les Wilkins Mrs Susan Shedden Mr Paddy Petch Mr Michael Mayall Ms Lisa Brailsford Miss Stephanie Ball (appointed 18.1.24) Mrs Sarah Wilson (appointed 18.7.23)

Independent Examiner

Bryan W Grey FCA Bryan Grey & Co Broadfield House 18 Broadfield Road Sheffield S8 0XJ

4

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023

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

........................................................................ Mr Michael Mayall - Trustee

5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

Independent examiner's report to the trustees of RSPCA Chesterfield & N Derbyshire Branch

I report to the charity trustees on my examination of the accounts of RSPCA Chesterfield & N Derbyshire Branch (the Trust) for the year ended 31st December 2023.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Bryan W Grey FCA

Bryan Grey & Co Broadfield House 18 Broadfield Road Sheffield S8 0XJ

Date: .............................................

6

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2023

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Other trading activities
3
Investment income
4
Total
EXPENDITURE ON
Raising funds
5
Charitable activities
6
Charitable Activities
Total
Net gains on investments
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
300,699
301,888
8,433
611,020
90,708
400,519
491,227
7,935
127,728
2,426,121
2,553,849		 Restricted
funds
£
5,000
-
-
5,000
-
17,601
17,601
-
(12,601)
378,046
365,445		 2023
Total
funds
£
305,699
301,888
8,433
616,020
90,708
418,120
508,828
7,935
115,127
2,804,167
2,919,294		 2022
Total
funds
£
115,259
221,787
1,643
338,689
78,831
355,464
434,295
-
(95,606)
2,899,773
2,804,167

The notes form part of these financial statements

7

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

BALANCE SHEET 31ST DECEMBER 2023

Notes
FIXED ASSETS
Tangible assets
11
Investments
12
CURRENT ASSETS
Stocks
13
Debtors
14
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
15
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
16
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
funds
£
1,660,886
205,050
1,865,936
6,993
127,579
595,086
729,658
(41,745)
687,913
2,553,849
2,553,849		 Restricted
funds
£
365,445
-
365,445
-
-
-
-
-
-
365,445
365,445		 2023
Total
funds
£
2,026,331
205,050
2,231,381
6,993
127,579
595,086
729,658
(41,745)
687,913
2,919,294
2,919,294
2,553,849
365,445
2,919,294		 2022
Total
funds
£
2,041,609
10
2,041,619
8,549
143,667
656,370
808,586
(46,038)
762,548
2,804,167
2,804,167
2,426,121
378,046
2,804,167

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

............................................. Mr Les Wilkins - Trustee

............................................. Mrs Georgina Francis - Trustee

The notes form part of these financial statements

8

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023

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 accounts are prepared under the following accounting convention and include the results of the charity's operations which are described in the Trustees' Report and all of which are continuing.

Financial reporting standard 102 - reduced disclosure exemptions

The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

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.

The income from fundraising ventures is shown gross, with the associated costs included in fundraising costs.

No permanent endowments have been received in the period. The Branch is receiving a share of the income from a permanent endowment where the permanent endowment funds are held by third party trustees.

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 costs 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.

Charitable activities

Costs of charitable activities include costs directly related to the charitable objectives.

Governance costs

Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to professional fees and an apportionment of overhead and support costs.

Allocation and apportionment of costs

Costs are allocated and apportioned with regard to the nature of the expense and the relevance to the activities of the charity.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life

Freehold property Freehold property - straight line over 30 years
-10% on cost
Plant and machinery -25% on cost
-25% on reducing balance
-20% on cost

9

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2023

1. ACCOUNTING POLICIES - continued

Tangible fixed assets

-20% on reducing balance Motor vehicles -20% on cost

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.

To the extent that the charities income and expenditure relates to 'business activities' the figures in these accounts are net of VAT. The charities non business activities are outside the scope of VAT.

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.

Designated funds comprise unrestricted funds that are set aside for specific purposes.

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

Donated goods

The Branch receives donated goods which are sold through the charity shop. Also sold are goods purchased specifically for resale. The Branch is extremely grateful for the income it generates from donated goods but it is impractical to measure their value upon receipt. The income from donated goods is recognised when they are sold. No carrying value is recognised for the stock of donated goods on hand at the balance sheet date.

Treatment of legacy income

Legacy income is recognised on a receivable basis. During the year there were legacies receivable of £176,732 (2022 - £1,204).

2. DONATIONS AND LEGACIES

Donations
Gift aid
Legacies
Grants
Subscriptions
Lottery income		 2023
£
74,078
9,450
176,732
44,438
437
564
305,699		 2022
£
65,636
7,473
1,204
40,218
315
413
115,259

10

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2023

3. OTHER TRADING ACTIVITIES

Fundraising events
Adoptions and unwanted animals
RSPCA boarding fees
Centre shop sales
Charity shop and online sales
Insurance Commission
4.
INVESTMENT INCOME
Rents receivable
Investment income
Deposit account interest
5.
RAISING FUNDS
Raising donations and legacies
Staff costs
Fundraising costs
Other trading activities
Opening stock
Purchases
Closing stock
Staff costs
Charity shop and online retail overheads		 2023
£
13,925
74,305
94,833
7,733
94,201
16,891
301,888
2023
£
59
1,661
6,713
8,433
2023
£
22,991
3,225
26,216
2023
£
3,305
1,170
(1,681)
33,142
27,931
63,867		 2022
£
11,330
45,390
66,351
3,497
77,796
17,423
221,787
2022
£
59
-
1,584
1,643
2022
£
19,932
3,371
23,303
2022
£
2,482
2,252
(3,305)
29,805
24,294
55,528

11

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2023

5. RAISING FUNDS - continued

Investment management costs

Support costs
Aggregate amounts
CHARITABLE ACTIVITIES COSTS
Charitable Activities
SUPPORT COSTS
Management
£
Investment management costs
-
Charitable Activities
266,289
266,289		 2023
£
625
90,708
Support
Direct
costs (see
Costs
note 7)
£
£
63,332
354,788
Governance
Finance
costs
£
£
-
625
80,755
7,744
80,755
8,369		 2022
£
-
78,831
Totals
£
418,120		 2022
£
-
78,831
Totals
£
625
354,788
355,413

6. CHARITABLE ACTIVITIES COSTS

7. SUPPORT COSTS

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st December 2023 nor for the year ended 31st December 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st December 2023 nor for the year ended 31st December 2022.

9. STAFF COSTS

During the year wages costs were £259,148 (2022 - £242,505). The amount paid to Key Management Personnel was £74,549 (2022 - £70,981).

The average monthly number of employees during the year at the RSPCA centre were 12 (2022 - 10) and at the Charity shop 4 (2022 - 4).

No employees received emoluments in excess of £60,000.

12

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2023

10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL
INCOME AND ENDOWMENTS FROM
Donations and legacies
Other trading activities
Investment income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Charitable Activities
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
11.
TANGIBLE FIXED ASSETS
Freehold
property
£
COST
At 1st January 2023
2,243,339
Additions
61,180
At 31st December 2023
2,304,519
DEPRECIATION
At 1st January 2023
213,580
Charge for year
76,817
At 31st December 2023
290,397
NET BOOK VALUE
At 31st December 2023
2,014,122
At 31st December 2022
2,029,759		 10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL
INCOME AND ENDOWMENTS FROM
Donations and legacies
Other trading activities
Investment income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Charitable Activities
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
11.
TANGIBLE FIXED ASSETS
Freehold
property
£
COST
At 1st January 2023
2,243,339
Additions
61,180
At 31st December 2023
2,304,519
DEPRECIATION
At 1st January 2023
213,580
Charge for year
76,817
At 31st December 2023
290,397
NET BOOK VALUE
At 31st December 2023
2,014,122
At 31st December 2022
2,029,759		 ACTIVITIES
Unrestricted
funds
£
115,192
221,787
1,643
338,622
78,831
355,464
434,295
(95,673)
2,521,794
2,426,121
Plant and
machinery
£
66,103
4,237
70,340
54,253
3,878
58,131
12,209
11,850		 Restricted
funds
£
67
-
-
67
-
-
-
67
377,979
378,046
Motor
vehicles
£
20,100
-
20,100
20,100
-
20,100
-
-		 Total
funds
£
115,259
221,787
1,643
338,689
78,831
355,464
434,295
(95,606)
2,899,773
2,804,167
Totals
£
2,329,542
65,417
2,394,959
287,933
80,695
368,628
2,026,331
2,041,609

13

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2023

12. FIXED ASSET INVESTMENTS

MARKET VALUE
At 1st January 2023
Additions at cost
Disposals at cost/market value
Revaluation surplus/(deficit)
At 31st December 2023
NET BOOK VALUE
At 31st December 2023
At 31st December 2022		 Cash and
settlements
pending
£
10
203,078
(6,050)
8,012
205,050
205,050
10

The investment portfolio held at the balance sheet date was valued at £205,050 (2022 - £10).

£54,025 (2022- £10) of the assets are invested in UK shares and £151,025 (2022 - £nil) invested outside the UK.

At the year end there was £2858 (2022 - £27,376) held as cash and included in current assets.

Cost or valuation at 31st December 2023 is represented by:

Cash and
settlements
pending
£
Valuation in 2023 205,050

£10 of the investments relates solely to 2 shares held in Santander. As the cost of disposal of these shares would exceed the sale proceeds these shares are retained.

13. STOCKS

Drug stock
Goods for resale		 2023
£
5,312
1,681
6,993		 2022
£
5,244
3,305
8,549

14

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2023

14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Other debtors
VAT
Prepayments and accrued income
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Accrued expenses
MOVEMENT IN FUNDS
Net
movement
At 1.1.23
in funds
£
£
Unrestricted funds
General fund
2,426,121
127,728
Designated fund
-
-
2,426,121
127,728
Restricted funds
Building fund
378,046
(12,601)
TOTAL FUNDS
2,804,167
115,127
Net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
611,020
(491,227)
Restricted funds
Building fund
-
(12,601)
Care of Cats
5,000
(5,000)
5,000
(17,601)
TOTAL FUNDS
616,020
(508,828)		 2023
£
14,290
107,177
2,263
3,849
127,579
2023
£
16,257
8,438
17,050
41,745
Transfers
between
funds
£
(40,000)
40,000
-
-
-
Gains and
losses
£
7,935
-
-
-
7,935		 2022
£
7,512
127,616
4,132
4,407
143,667
2022
£
24,835
4,008
17,195
46,038
At
31.12.23
£
2,513,849
40,000
2,553,849
365,445
2,919,294
Movement
in funds
£
127,728
(12,601)
-
(12,601)
115,127

15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

16. MOVEMENT IN FUNDS

15

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2023

16. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement
At 1.1.22
in funds
£
£
Unrestricted funds
General fund
2,191,794
(95,673)
Designated fund
330,000
-
2,521,794
(95,673)
Restricted funds
Building fund
377,979
67
TOTAL FUNDS
2,899,773
(95,606)
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
338,622
Restricted funds
Building fund
67
TOTAL FUNDS
338,689
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
At 1.1.22
in funds
£
£
Unrestricted funds
General fund
2,191,794
32,055
Designated fund
330,000
-
2,521,794
32,055
Restricted funds
Building fund
377,979
(12,534)
TOTAL FUNDS
2,899,773
19,521		 Transfers
between
funds
£
280,000
(280,000)
-
-
-
Resources
expended
£
(434,295)
-
(434,295)
Transfers
between
funds
£
240,000
(240,000)
-
-
-		 At
31.12.22
£
2,376,121
50,000
2,426,121
378,046
2,804,167
Movement
in funds
£
(95,673)
67
(95,606)
At
31.12.23
£
2,463,849
90,000
2,553,849
365,445
2,919,294

16

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2023

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Building fund
Care of Cats
TOTAL FUNDS		 Incoming
resources
£
949,642
67
5,000
5,067
954,709		 Resources
expended
£
(925,522)
(12,601)
(5,000)
(17,601)
(943,123)		 Gains and
Movement
losses
in funds
£
£
7,935
32,055
-
(12,534)
-
-
-
(12,534)
7,935
19,521

Transfers between funds

The trustees discussed the level of reserves and designated funds and have agreed an increase of £40,000 (2022 - £280,000 released) to the designated funds as at 31/12/23 to hold £90,000 in designated funds to cover residual costs of the animal centre rebuild and the refurbishment of the animal centre office accommodation. This should leave free reserves of approximately £800,000 (to allow for rising operational costs).

17. RELATED PARTY DISCLOSURES

Trustees and Key Management Personnel purchased goods from and made donations to the Branch during the year.

During previous years the trustees made donations in the form of regular amounts, small ad hoc monetary donations and ad hoc donations of stock for the charity shop. By the nature of many of these donations being ad hoc the total amount is not known but is not expected to exceed £3,000 in monetary form or £5,000 in the form of stock. The figures for 2023 are comparable to these.

RSPCA Chesterfield & N Derbyshire Branch is a Branch of the RSPCA, the Society. During the year grants amounting to £23,094 (2022 - £23,218) were received from the Society. The Branch boarded animals on behalf of the Society and other branches during the year and charged fees for this of £92,946 (2022 - £63,103). Amounts owing to the Branch for this at the end of the year were £24,638 (2022 - £17,808). Also during the year the Branch purchased goods and services from the Society and other branches amounting to £10,895 (2022 - £9,721). The amount outstanding by the Branch for these at the end of the year was £3,594 (2022 - £6,107).

All of the above transactions were carried out at arm's length.

17

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2023

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Gift aid
Legacies
Grants
Subscriptions
Lottery income
Other trading activities
Fundraising events
Adoptions and unwanted animals
RSPCA boarding fees
Centre shop sales
Charity shop and online sales
Insurance Commission
Investment income
Rents receivable
Investment income
Deposit account interest
Total incoming resources
EXPENDITURE
Raising donations and legacies
Fundraiser wages
Fundraising costs
Other trading activities
Opening stock - centre
Purchases for resale - centre
Charity shop wages
Charity shop and online retail overheads
Closing stock - centre
Charitable activities
Veterinary fees
Carried forward		 2023
£
74,078
9,450
176,732
44,438
437
564
305,699
13,925
74,305
94,833
7,733
94,201
16,891
301,888
59
1,661
6,713
8,433
616,020
22,991
3,225
26,216
3,305
1,170
33,142
27,931
(1,681)
63,867
45,059
45,059		 2022
£
65,636
7,473
1,204
40,218
315
413
115,259
11,330
45,390
66,351
3,497
77,796
17,423
221,787
59
-
1,584
1,643
338,689
19,932
3,371
23,303
2,482
2,252
29,805
24,294
(3,305)
55,528
20,699
20,699

This page does not form part of the statutory financial statements

18

RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2023

Charitable activities
Brought forward
Drugs and medicines -net of stock movement
Food, bedding and farriers
Cleaning and waste disposal
Rental of storage unit
Support costs
Management
Wages
Staff training and uniforms
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Motor expenses
Repairs and renewals
Finance
Bank charges
Depreciation of tangible fixed assets
Governance costs
Accountancy and legal fees
Professional fees
Branch contribution to RSPCA Regional Fund
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)		 2023
£
45,059
7,317
2,971
7,985
-
63,332
203,015
298
3,688
2,614
29,549
1,356
5,552
206
3,405
16,606
266,289
60
80,695
80,755
6,808
1,010
551
8,369
508,828
107,192
(77)
107,115		 2022
£
20,699
3,973
1,812
7,551
1,053
35,088
192,768
17
3,881
2,531
17,251
1,244
3,904
594
3,915
5,032
231,137
1,017
78,611
79,628
7,404
829
1,378
9,611
434,295
(95,606)
-
(95,606)

This page does not form part of the statutory financial statements

19