REGISTERED CHARITY NUMBER: 226142
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024
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 2024
| 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 2024
The trustees present their report with the financial statements of the charity for the year ended 31st December 2024. 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 2024
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 2024 the Branch rehomed a total of 375 animals (136 dogs, 232 cats, 6 rabbits and 1 guinea pig). In addition the Branch neutered 210 animals and microchipped 222 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.
Fundraising activities
During the year the charity has continued with its fundraising efforts. A supporter engagement officer was employed by the branch until March 2025. The intention is to create a new role to replace this post to ensure that income from fundraising is maximised and sustainable.
2
RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024
ACHIEVEMENT AND PERFORMANCE
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. In light of the current economic climate it is considered that free reserves should be sufficient to cover at least 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 £264,619 (2023 - £176,732).
FUTURE PLANS
The branch is at a watershed in its history. The complete redevelopment of the animal centre buildings has been achieved, providing high quality, sustainable facilities for the animals, and the staff who care for them. In addition, the branch is on the cusp of converting to a Charitable Incorporated Organisation (CIO). The future challenge for the trustees is how to make the most of these developments, to enable the branch to continue to improve.
The trustees' priorities for action, over the next three years are:-
Governance: to successfully complete the transition to a fully operational CIO.
Financial sustainability: to ensure that the branch is best placed to respond to the ongoing financial challenges, by developing and implementing a comprehensive financial strategy to, among other things, maximise all income streams. Initial priorities are:-
-
To appoint a supporter engagement manager,
-
To review and extend the branch's retail activity
Staffing: to review the branch's staffing structure and draw up a plan of action to enhance the current arrangements. The initial priority is to ensure the branch has sufficient operational management capacity to meet the demands of running a branch in the current challenging circumstances.
The aspiration is to develop the animal care team, in terms of size and skill set, to respond to both the rise in the number of animals needing assistance, and to the greater complexity of individual cases, in particular, more animals with behavioural issues.
Volunteers: to continue to expand the contribution made by volunteers to support all aspects of the work of the branch.
Adopters, supporters and the wider community: to develop and implement a strategy to improve awareness of, and active engagement with, the work of the branch across the Chesterfield and North Derbyshire area.
3
RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024
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, 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 Georgina Francis Mr Les Wilkins Mrs Susan Sheddon (resigned 26.6.24) Mr Paddy Petch Mr Michael Mayall Ms Lisa Brailsford Miss Stephanie Ball (appointed 18.1.24) Mrs Sarah Wilson Mr Michael Pinder (appointed 12.12.24)
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 2024
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 2024.
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:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
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 2024
| 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 Transfers between funds 16 Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted funds £ 389,521 328,092 15,618 733,231 90,616 460,802 551,418 15,451 197,264 365,445 562,709 2,553,849 3,116,558 |
Restricted funds £ - - - - - - - - - (365,445) (365,445) 365,445 - |
2024 Total funds £ 389,521 328,092 15,618 733,231 90,616 460,802 551,418 15,451 197,264 - 197,264 2,919,294 3,116,558 |
2023 Total funds £ 305,699 301,888 8,433 |
|---|---|---|---|---|
| 616,020 | ||||
| 90,708 418,120 |
||||
| 508,828 | ||||
| 7,935 | ||||
| 115,127 - |
||||
| 115,127 2,804,167 |
||||
| 2,919,294 |
The notes form part of these financial statements
7
RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH
BALANCE SHEET
31ST DECEMBER 2024
| 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 £ 2,029,749 219,014 2,248,763 7,116 215,583 683,481 906,180 (38,385) 867,795 3,116,558 3,116,558 |
Restricted funds £ - - - - - - - - - - - |
2024 Total funds £ 2,029,749 219,014 2,248,763 7,116 215,583 683,481 906,180 (38,385) 867,795 3,116,558 3,116,558 3,116,558 - 3,116,558 |
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 |
|---|---|---|---|---|
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 2024
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':
- the requirements of Section 7 Statement of Cash Flows.
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 2024
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 £264,619 (2023 - £176,732).
2. DONATIONS AND LEGACIES
| Donations Gift aid Legacies Grants Subscriptions Lottery income |
2024 £ 79,224 11,992 264,619 32,693 242 751 389,521 |
2023 £ 74,078 9,450 176,732 44,438 437 564 |
|---|---|---|
| 305,699 |
10
RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024
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 |
2024 £ 13,443 80,509 128,639 9,391 77,788 18,322 328,092 2024 £ 59 4,308 11,251 15,618 2024 £ 25,390 2,742 28,132 2024 £ 1,681 947 (1,440) 36,758 22,495 60,441 |
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 |
|---|---|---|
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RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024
5. RAISING FUNDS - continued
Investment management costs
| Support costs Aggregate amounts CHARITABLE ACTIVITIES COSTS Charitable Activities SUPPORT COSTS Management £ Investment management costs - Charitable Activities 286,169 286,169 |
2024 £ 2,043 90,616 Support Direct costs (see Costs note 7) £ £ 72,098 388,704 Governance Finance costs £ £ - 2,043 95,101 7,434 95,101 9,477 |
2023 £ 625 90,708 Totals £ 460,802 |
2023 £ 625 90,708 |
|---|---|---|---|
| Totals £ 2,043 388,704 |
|||
| 390,747 |
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 2024 nor for the year ended 31st December 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st December 2024 nor for the year ended 31st December 2023.
9. STAFF COSTS
During the year wages costs were £290,595 (2023 - £259,148). The amount paid to Key Management Personnel was £72,749 (2023 - £74,549).
The average monthly number of employees during the year at the RSPCA centre were 12 (2023 - 12) and at the Charity shop 3 (2023 - 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 2024
| 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 gains on investments NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 11. TANGIBLE FIXED ASSETS Freehold property £ COST At 1st January 2024 2,304,519 Additions 93,196 At 31st December 2024 2,397,715 DEPRECIATION At 1st January 2024 290,397 Charge for year 87,138 At 31st December 2024 377,535 NET BOOK VALUE At 31st December 2024 2,020,180 At 31st December 2023 2,014,122 |
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 gains on investments NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 11. TANGIBLE FIXED ASSETS Freehold property £ COST At 1st January 2024 2,304,519 Additions 93,196 At 31st December 2024 2,397,715 DEPRECIATION At 1st January 2024 290,397 Charge for year 87,138 At 31st December 2024 377,535 NET BOOK VALUE At 31st December 2024 2,020,180 At 31st December 2023 2,014,122 |
ACTIVITIES 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 Plant and machinery £ 70,340 5,133 75,473 58,131 7,773 65,904 9,569 12,209 |
Restricted funds £ 5,000 - - 5,000 - 17,601 17,601 - (12,601) 378,046 365,445 Motor vehicles £ 20,100 - 20,100 20,100 - 20,100 - - |
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 | ||||||
| Totals £ 2,394,959 98,329 2,493,288 368,628 94,911 463,539 2,029,749 2,026,331 |
||||||
13
RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024
12. FIXED ASSET INVESTMENTS
| FIXED ASSET INVESTMENTS | |
|---|---|
| Cash and | |
| settlements | |
| pending | |
| £ | |
| MARKET VALUE | |
| At 1st January 2024 | 205,050 |
| Additions at cost | 21,714 |
| Disposals at cost/market value | (21,347) |
| Revaluation surplus/(deficit) | 13,597 |
| At 31st December 2024 | 219,014 |
| NET BOOK VALUE | |
| At 31st December 2024 | 219,014 |
| At 31st December 2023 | 205,050 |
| The investment portfolio held at the balance sheet date was valued at £219,014 (2023 - £205,050). | |
| £63,106 (2023 - £54,025) of the assets are invested in UK shares and £155,908 (2023 - £151,025) invested |
|
| outside the UK. | |
| At the year end there was £2,302 (2023 - £2,858) held as cash and included in current assets. |
Cost or valuation at 31st December 2024 is represented by:
| Cash and | ||
|---|---|---|
| settlements | ||
| pending | ||
| £ | ||
| Valuation in | 2024 | 219,014 |
£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 |
2024 £ 5,676 1,440 7,116 |
2023 £ 5,312 1,681 |
|---|---|---|
| 6,993 |
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RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024
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 1.1.24 in funds £ £ Unrestricted funds General fund 2,463,849 197,264 Designated fund 90,000 - 2,553,849 197,264 Restricted funds Building fund 365,445 - TOTAL FUNDS 2,919,294 197,264 Net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 733,231 (551,418) TOTAL FUNDS 733,231 (551,418) |
2024 £ 9,125 198,314 3,497 4,647 215,583 2024 £ (5,487) 4,982 38,890 38,385 Transfers between funds £ 455,445 (90,000) 365,445 (365,445) - Gains and losses £ 15,451 15,451 |
2023 £ 14,290 107,177 2,263 3,849 127,579 2023 £ 16,257 8,438 17,050 41,745 At 31.12.24 £ 3,116,558 - 3,116,558 - 3,116,558 Movement in funds £ 197,264 197,264 |
|
|---|---|---|---|
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 2024
16. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Designated fund Restricted funds Building fund TOTAL FUNDS |
At 1.1.23 £ 2,376,121 50,000 2,426,121 378,046 2,804,167 |
Net movement in funds £ 127,728 - 127,728 (12,601) 115,127 |
Transfers between funds £ (40,000) 40,000 - - - |
At 31.12.23 £ 2,463,849 90,000 |
|---|---|---|---|---|
| 2,553,849 365,445 |
||||
| 2,919,294 |
Comparative 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 £ 611,020 - 5,000 5,000 616,020 |
Resources expended £ (491,227) (12,601) (5,000) (17,601) (508,828) |
Gains and Movement losses in funds £ £ 7,935 127,728 - (12,601 - - - (12,601 7,935 115,127 |
Gains and Movement losses in funds £ £ 7,935 127,728 - (12,601 - - - (12,601 7,935 115,127 |
|---|---|---|---|---|
| (12,601 | ||||
| 115,127 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Designated fund Restricted funds Building fund TOTAL FUNDS |
At 1.1.23 £ 2,376,121 50,000 2,426,121 378,046 2,804,167 |
Net movement in funds £ 324,992 - 324,992 (12,601) 312,391 |
Transfers between funds £ 415,445 (50,000) 365,445 (365,445) - |
At 31.12.24 £ 3,116,558 - |
|---|---|---|---|---|
| 3,116,558 - |
||||
| 3,116,558 |
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RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024
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:
| Incoming Resources resources expended £ £ Unrestricted funds General fund 1,344,251 (1,042,645 ) Restricted funds Building fund - (12,601) Care of Cats 5,000 (5,000) 5,000 (17,601) TOTAL FUNDS 1,349,251 (1,060,246 ) |
Gains and Movement losses in funds £ £ 23,386 324,992 - (12,601) - - - (12,601) 23,386 312,391 |
|---|---|
Transfers between funds
The trustees discussed the level of reserves and have agreed the release from designated funds of £90,000 previously allocated for the remaining rebuild costs and the refurbishment of the bungalow offices which have have all been used for that purpose during 2024. At the balance sheet date there are no funds designated for any purpose by the Trustees.
The rebuild of the animal centre is now complete. Furthermore there are no ongoing restrictions on the funds, such as donors wanting their monies back if the buildings were sold and we are not aware of the donors having any expectation that the funds could only be used for replacement buildings if the buildings were sold.
Accordingly £365,445 of funds that have been expended for this purpose and provisionally held in restricted funds have been released into general funds.
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 2024 are comparable to these.
RSPCA Chesterfield & N Derbyshire Branch is a Branch of the RSPCA, the Society. During the year grants amounting to £22,316 (2023 - £23,094) 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 £128,938 (2023 - £92,946). Amounts owing to the Branch for this at the end of the year were £25,880 (2023 - £24,638). Also during the year the Branch purchased goods and services from the Society and other branches amounting to £11,332 (2023 - £10,895). The amount outstanding by the Branch for these at the end of the year was £5,206 (2023 - £3,594).
All of the above transactions were carried out at arm's length.
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RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024
| 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 |
2024 £ 79,224 11,992 264,619 32,693 242 751 389,521 13,443 80,509 128,639 9,391 77,788 18,322 328,092 59 4,308 11,251 15,618 733,231 25,390 2,742 28,132 1,681 947 36,758 22,495 (1,440) 60,441 53,233 53,233 |
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 |
|---|---|---|
This page does not form part of the statutory financial statements
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RSPCA CHESTERFIELD & N DERBYSHIRE BRANCH
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024
| Charitable activities Brought forward Drugs and medicines -net of stock movement Food, bedding and cat litter Cleaning and waste disposal 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 Freehold property Depreciation of plant and machinery Governance costs Accountancy and legal fees Professional fees Branch contribution to RSPCA Regional Fund Total resources expended Net income before gains and losses Realised recognised gains and losses Realised gains/(losses) on fixed asset investments Net income |
2024 £ 53,233 5,322 4,470 9,073 72,098 228,447 908 4,277 3,617 24,081 1,548 5,085 643 8,883 8,680 286,169 190 87,138 7,773 95,101 6,868 2,499 110 9,477 551,418 181,813 1,854 183,667 |
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 76,817 3,878 80,755 6,808 1,010 551 8,369 508,828 107,192 (77) 107,115 |
|---|---|---|
This page does not form part of the statutory financial statements
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