**REGISTERED CHARITY NUMBER: 232223**
## **REPORT OF THE TRUSTEES AND**
**AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021**
**FOR**
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
Thomas Coombs Limited Statutory Auditor Chartered Accountants 3365 The Pentagon Century Way Thorpe Park Leeds West Yorkshire LS15 8ZB
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021**
|||**Page**||
|---|---|---|---|
|**Reference and Administrative Details**|1|to|2|
|**Report of the Trustees**|2|
to|22|
|**Statement of Trustees' Responsibilities**||23||
|**Report of the Independent Auditors**|24|to|26|
|**Statement of Financial Activities**||27||
|**Balance Sheet**||28||
|**Cash Flow Statement**||39||
|**Notes to the Cash Flow Statement**||30||
|**Notes to the Financial Statements**|31|to|41|
|**Detailed Statement of Financial Activities**|42|to|44|
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31ST DECEMBER 2021**
|**TRUSTEES**|D Chappell|
|---|---|
||V Strachan|
||B Hopkins (resigned 29/7/21)|
||M Moran|
||B Tennant (resigned 25/11/21)|
||D Hinchcliffe|
||A Reynolds|
||K Walley|
||D Rhodes|
||S Cox|
||J Burge (appointed 23/9/21)|
||R Graham (appointed 23/9/21)|
||S Del Castillo (appointed 27/1/22)|
|**PRINCIPAL ADDRESS**|Animal Centre|
||Moor Knoll Lane|
||East Ardsley|
||Wakefield|
||West Yorkshire|
||WF3 2DX|
|**REGISTERED CHARITY NUMBER**|232223|
|**INDEPENDENT AUDITORS**|Thomas Coombs Limited|
||Statutory Auditor|
||Chartered Accountants|
||3365 The Pentagon|
||Century Way|
||Thorpe Park|
||Leeds|
||West Yorkshire|
||LS15 8ZB|
|**SOLICITORS**|Blacks Solicitors LLP|
||City Point|
||29 King Street|
||Leeds|
||LS1 2HL|
Page 1
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
**REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **SENIOR MANAGEMENT TEAM AND Senior Management Team OTHER ADVISERS**
C Lewis-Jones (CEO) G Cameron (Branch Administrator) H Metcalf (Area Retail Manager) A Sep (Financial Controller) S Balmforth (Head of Fundraising & Communications) L Hodgson (Animal Care Manager, resigned 15/1/21) M Rattray (Animal Care Manager appointed 17/5/21)
## **Bankers**
Santander Bootle Merseyside LS30 4GB
NatWest Bank 1 Victoria Place Holbeck Leeds LS11 5AN
## **Investment Managers**
Brewin Dolphin 10 Wellington Place Leeds LS1 4AN
Page 2
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
The trustees present their report with the financial statements of the charity for the year ended 31st December 2021. 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).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The object of the Branch is to promote the work and objectives of the National Society within the Branch area. Namely, to use all lawful means to prevent cruelty, promote kindness and to alleviate the suffering of animals.
The Branch gives priority to those animals with a genuine welfare need as identified by members of the RSPCA inspectorate or branch welfare team, such animals may be the subject of an ongoing case or may have been removed with the consent of an owner unable to meet the animal's welfare needs.
Such animals receive appropriate veterinary treatment, rehabilitation, training and rehoming under the direction of the Branch's animal care staff. Prior to rehoming all animals are neutered, microchipped and treated with parasite prevention.
The Branch continues to operate a Snip & Chip scheme, and a welfare assistance scheme to provide financial support to those members of the public on qualifying benefits who might otherwise not have their animals neutered, microchipped or given emergency veterinary treatment due to their financial circumstances.
Staff are assisted in this work by a dedicated team of volunteers to whom the Trustees are extremely grateful.
## **Public benefit**
All charities in England & Wales must have charitable aims that are for the public benefit. It is not enough that the RSPCA's work benefits animals.
Richard Martin, one of the RSPCA's founders, identified the Society's prime aim as being to alter the moral feelings of the country. He recognised that taking care of animals is an essential part of any civilisation. This still resonates today.
Preventing cruelty to animals promotes humane sentiments towards animals in humankind, which involves moral benefit to the human community as a whole. Whilst this public benefit is clear, it is difficult to quantify and must be balanced against any detriment.
The RSPCA's work benefits society, but it also provides services (e.g. subsidised veterinary treatment) aimed at helping people in need with the care of their animals. Additionally the branch and society assist in animal welfare education and guidance to young people and the wider community to help people maintain high regard for animal welfare.
The following sections of this report on the achievements and performance of the Branch describe the Branch's main activities and demonstrate the benefit provided to the public. All our charitable activities focus on promoting kindness and preventing or suppressing cruelty to animals and is undertaken to further these charitable purposes for the public benefit.
In accordance with their duties, pursuant to Section 4 of the Charities Act 2011, the Trustees have considered the Branch's objects and activities in the light of the Charity Commission's general guidance on public benefit, "Charities and Public Benefit".
Page 3
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **ACHIEVEMENT AND PERFORMANCE Charitable activities Animal welfare**
During 2021 the Branch was significantly challenged by the ongoing COVID 19 pandemic, which continued to impact heavily on the activities of the charity, including animal intake, adoptions & rehoming but despite continuing difficult circumstances, managed to achieve improving results in the four key areas of animal welfare activity (rehoming, welfare neutering, welfare microchipping, welfare assistance):
168 rehomed animals (2020: 127 animals) 48 dogs- (2020: 43) 109 cats- (2020: 73) 11 rabbits- (2020: 11) 0 misc- (2020: 0)
141 neutered animals (2020: 63 animals) 40 dogs- (2020: 9) 84 cats- (2020: 50) 9 rabbits- (2020: 4) 8 misc - (2020: 0)
115 micro-chipped animals (2020: 98 animals) 14 dogs- (2020: 19) 87 cats- (2020: 72) 9 rabbits- (2020: 7) 5 misc- (2020:0)
0 animals provided with welfare assistance (flea/worming/emergency treatment) (2020: 0 animals) 0 dogs- (2020: 0) 0 cats- (2020: 0) 0 misc- (2020: 0)
During 2021, the branch needed to continue to control the day-to-day costs at the animal centre and across the branch generally. Expenditure is identified for veterinary treatment for animals in need of rehoming but who require medical intervention to ensure the animal is fit and well for their new home. As adoptions and rehoming improved with periodic relaxation of COVID 19 regulations, funds were needed for ensuring the animals were fit & healthy for their new homes. The need for boredom busting toys and treats for training increased throughout 2021. The generosity of organisations such as Pets at Home and Monster pets who helped the branch with donations, helped sustain the quality animal care that we constantly strive to achieve.
In 2021 the contract with the PDSA for cost effective and appropriate veterinary treatment for animals in our care came to an end. To ensure a seamless and least disrupted provision we searched for another veterinary provider who could offer suitable care and treatment. During 2021 we established a contract with Home Comforts Veterinary services from whom we receive outstanding services and support. The animals in our care come first and the new veterinary services are very much in tune with the RSPCA ethos.
The branch's work with other organisations, schools, colleges and attendance at welfare events did not resume to any great degree, as most venues remained closed or functioning at a much-reduced level. Later in the year a small number of visits were achieved and the branch is very much looking forward to resuming attendance at schools and groups to restart its enthusiastic education programme. A number of school visits and welfare days at the large Ikea store in Birstall are already for booked for 2022.
In 2021, the branch was only able to host a small number of physical events and therefore the interactive website and active social media pages continued to grow in activity, creativity and extended functions. Our supporters & donors continued to be given information, advice and direction about all the services we will offer, when possible, in the future and the aims and objectives of the charity in West Yorkshire. Our online presence helped generate much-needed funds to support the charity and connected with many new followers.
Our online activity alongside the reopening of physical events has proved so successful, that the updating of the website to ensure it is highly user friendly and installing a CRM to help manage all the data is now almost complete, so we may communicate more effectively with supporters and donors.
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**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **Animal welfare- continued**
The branch concentrated on its core work with care of the animals taken from the inspectorate, opening up slowly to the public. A more flexible approach to home visits and increased foster care, helped the centre continue its work in what remained a difficult year.
The off lead facility at the centre which helps owners and their nervous or reactive dogs enjoy the outdoors safely remained open and later in 2021, we opened Berties salon as a DIY 'Wash n Go ' service, to enable pet owners use the facility for a quick wash and dry of their own pets in a safe and suitable environment. We hope to reopen Berties salon with a full range of services in 2022.
The centre opened to accept donations with 'drive thru' no human contact days and to accommodate the generosity of our supporters accepted donations most days we are open to the public. It has been beneficial to the centre and animals to continue with an appointment system for adoptions and to open just five days out of seven for public visits.
Into 2021, the branch continued to face considerable challenges and make ends meet, continuing the animal welfare provision it is committed to fulfilling. Our ability to support the Inspectorate and members of the public across all areas of the charity is still a challenge and again it is only the dedication and resilience of the team, our supporters and sponsors which has allowed the branch to achieve as much as it has.
Following steady relaxation of government rules on COVID 19 secure environments, social distancing, increased hand washing and the wearing of face coverings, along with the guidance from DEFRA, the branch has been able to maintain its work.
Branch online support was now well developed by way of information and videos on how to manage animal behaviour issues and this proved to be so successful both in animal welfare provision and generating much needed income through donations for the centre, the branch employed its own behaviour specialist to help make rehoming even more successful.
New plans for dog behaviour classes, puppy classes and one to one training provision is planned for 2022. Donations continue to be sent to Batley's food bank for the homeless with pets, supplies to our branch shops for community access and dog food to the Hedgehog rescue centre a few miles away.
The graphs below give some indication of where money is spent and what can be achieved. It appears to be a continuing challenging COVID 19 climate, which looks to continue into 2022 with new issues of persistent infection rates, supply issues affecting vaccines and general supplies, fuel costs and the impending unrest in Europe, resulting in tragedy for many people and loss of investment income for many charities.
**----- Start of picture text -----**
Animal Welfare cost 2017 - 2021
3,500
3,000
2,500
2,000
Welfare costs
1,500
Trend line
1,000
500
0
2017 2018 2019 2020 2021
**----- End of picture text -----**
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**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **Animal welfare- continued**
A dedicated budget for providing welfare services, education & community support is always factored into the branch expenditure, however, in 2021 this provision has been severely impacted upon by raising costs and a generally difficult environment for charities to keep income flowing and maintain outgoing services.
There has been a significant increase in overall vet fees due to a big increase in number of animals being brought to the centre and rehomed, and a newly appointed veterinary service. This is in keeping with the quantity of welfare and rehoming work completed in 2021, compared to the lockdown times of 2020.
Costs for animal care and ongoing rehoming remains a challenge. Visits to the centre are by appointment only and all adoptions are initiated online but the costs to ensure an animal is ready to be rehomed and all the costs associated with running an animal centre continue to test the charity to the limit.
Page 6
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **Animal welfare- continued**
Page 7
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **Animal welfare- continued**
**----- Start of picture text -----**
Rehomed Animals 2017 - 2021
400
350
300
250 Rehomed
200 Animals
150 Trend Line
100
50
0
2017 2018 2019 2020 2021
**----- End of picture text -----**
These are a few good news stories to share despite the 2021 ongoing difficulties.
Our visit to Ikea to provide animal interaction days to assist staff mental health provision was very successful and we are booked to return in 2022.
The most exciting project for 2021 was the building of the Dog House Behaviour suite.
Page 8
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **Animal welfare- continued**
The Dog House suite was built with generous support from individual donors and a grant from the RSPCA. We are enormously grateful to all these people who saw the benefit of this facility and how much it will improve the re-homability of the dogs who we rescue. We are also offering services to the public to help train or modify behaviour for animals already in homes. This serves the community and generates much needed income to sustain the centre.
Into 2022, we will be improving the secure outside space to become a sensory garden for dogs, including grass, places to sniff and search and a muzzle tree to help those dogs who will need to get used to wearing a muzzle once they have been rehomed. Some more good news!
**Colin - DSH cat. A senior cat found straying and came to us in April 2021. He was very nervous of people (he was crossed eyed so hand movements spooked him!). Often over looked by people due to his age and colour (black and white). After 5 months at the centre, the perfect adopters came forward. After time, patience and his adopters reading to him to get used to their voice! Colin is now settled into his new home and has become a very affectionate cat.**
Darcy - A Patterdale Terrier. Came to us in February 2021 with an injured jaw, fur and skin ripped off down to the bone caused by badger baiting. She underwent a lot of vet treatment and was rehomed 1 month later. She is still doing amazingly well with her adopters.
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## **RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **Animal welfare- continued**
The branch provides care to animals that are not signed over to the branch and remain in National Society care, pending investigation for animal cruelty or neglect. This additional service to the Inspectorate provides high quality interim animal care to animals in most need. The branch receives daily calls from the inspectorate and reports capacity and space availability to the central logistics department to enable the maximum use of branch resources for the betterment of animal welfare.
The Branch continues to offer emergency boarding facilities for small animals for the inspectorate to access where needed.
In 2021 we expanded species of animals to take in and after adaptation to some rabbit accommodation, we started accepting guinea pigs. We have all become very fond of these two, with their squeaking and funny ways, calling for their treats.
Bubble & Squeak
The expansion of our facility to now include a pet behaviour-training suite has been very successful and used daily. Sarah, the new behaviour specialist here with Dodger using the Dog House working on off the couch, 'door is a bore' game (reducing dog reaction to a door bell/door knock), door control (opening the front door without your dog reacting to a person (barking) or running out of the door).
Page 10
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **ACHIEVEMENT AND PERFORMANCE**
## **Fundraising activities**
The branch continues to have a strong relationship with both the Pets at Home partnership and Pet Plan. Both organisation support our work with donations to purchase animal supplies and to encourage adopters to consider animal vet insurance.
The branch applies for grants where possible and during the pandemic, this has been even more critical for the continuation of charitable services and sustained animal welfare work.
Although during 2021, the changing shape of fundraising and events and activities has allowed opportunities to be optimised, some resurgence of traditional ways of communicating with supporters started to reappear.
Corporate supporters also helped to support the branch and this is an area for development in 2022.
The Beacon, CRM programme will also be live from 2022 to help the branch communicate with supporters more effectively. Donation Drive thru events started again and the Wags n' Whiskers monthly raffle has proved popular, raising funds for the animals in care. Photo shoots came back and a summer fayre took place at the centre with some residual COVID 19 restrictions for continuing safety.
In addition to income generation, we have had an overwhelming interest from students wanting to do their placement of study at our centre, providing scope for 18 work placements set to be completed in 2021.
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**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **Fundraising activities- continued**
In late 2021 we were invited to take part in the final programme of Strictly Come Dancing on the BBC. Darcy, the Labrador and a few of the team joined in the final programme. Something 'strictly fans' only dream of.
Christmas Wreath Workshop 2021, Photo shoots with Ben Adams Photography & Paws 4 a Walk 2021.
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**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **Fundraising activities- continued**
Raising money, supporting events and giving strategic direction to the branch is the role of our charity trustees. Here are the Trustee Officers doing their 'Meet the Team Tuesday' spot on social media.
and a few team members too...
Fundraising has been very hard in 2021, with no more grants from the government and the pandemic continuing to challenge us. The branch has continued to strive forward with as many initiatives as possible.
The Summer Fayre 2021 - raised nearly £2500, our first event in nearly 2 years and individuals such as Kimberley who really committed to raising funds for the animals by shaving her head.
David, one of our trustees and a fundraising volunteer with a stall at Carr Gate Garden Centre and Vanessa & Vivien working in retail/eBay.
Page 13
## **RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **Fundraising activities- continued**
2021 also saw the start of digital fundraising with the purchase of two online donation devices from Good Box.
With all that was going on during the pandemic, many people in the branch did 'their bit' to support the NHS and the nation in response to the need for help at vaccination centres. In their spare time, animal care volunteers became stewards and marshals and the CEO joined the vaccination team at Elland Road vaccination centre.
The graph below shows the support given to us and how the pandemic has hit the charity hard without its usual array of activities to generate income for the animal centre activities.
Despite the drop in income and low level of physical activities, the branch has pushed on with increasing foster carers and the Snip n Chip scheme to assist people with responsible pet ownership and help animals adjust to their changing environments whilst a new home is found for them.
The branch is enormously grateful for all the help our supporters have given us, financially and in kind to keep the centre functioning. The branch even managed to have enough support from a very generous donor to buy a new electric vehicle for animal transport. Meet Electra...
With contactless services such as the Off Lead facility, people could still bring their dogs to play, in safety and security and plenty of fresh air.
Page 14
## **RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **Fundraising activities- continued**
**----- Start of picture text -----**
Fundraising income (excl. D2D and legacies)
£100,000
£90,000
£80,000
£70,000
£60,000 Fundraising income
£50,000
£40,000 Linear (Fundraising
income)
£30,000
£20,000
£10,000
£-
2017 2018 2019 2020 2021
**----- End of picture text -----**
## **Charity shops network**
To help fund activities and fulfil charitable objectives a network of charity shops is operated by the branch, which sell mainly secondhand goods donated by the public, plus a small number of animal related new & pre loved goods. The charity relies on this activity to sustain its welfare work and animal care facility.
The branch operated 4 retail trading premises until the end of 2020, and an ecommerce operation and a small stock generation team continues to support the retail network with a full time driver and a small team of volunteers. Gift Aid claims continue to be submitted in line with regulation & compliance with HMRC.
In early 2021, the Bramley shop lease was not renewed and the warehouse project of centralised processing to supply the shops and eBay online direct was initiated. This directed high value goods to where they would sell best and for the highest value price. House collections of donated goods by appointment & house clearances from local housing associations has not yet recommenced but the acceptance and generation of donations has increased considerably since lock downs have ended.
After the long-term impact from initial lockdowns and poor consumer confidence, the branch eBay operations found a safe and practical COVID 19 secure approach to continuing to operate according to government regulations for online shopping. The ecommerce operations has continued for most of 2021, making a significant contribution to the charity.
Income has risen from £46,482 in 2020 to £66,364 in 2021. Shopiago will soon be introduced to improve the service further. The branch Ebay continues to be a **Top-rated seller and consistently delivers outstanding customer service** . Significant social media coverage has been undertaken to promote our eBay operations.
Page 15
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **Charity shops network- continued**
It was expected that 2021 will be equally challenging financially, especially as income generation activities reopen, albeit slowly. In addition to financial support, the branch also took advantage of every opportunity to change and develop despite COVID 19.
The shops concentrated on selling goods and excellent customer service, along with creative means to generate good quality donations, easily sent in to the branch. The Clicksit initiative was started and people can now post their donations to us free of charge.
Amazing shop windows kept people coming into store and hopefully buying from us and supporting #ReUseForRescues.
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**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **Charity shops network- continued**
Although the retail network has experienced more staff turnover than usual in 2021, the team remain resilient and dedicated. Recruitment is ongoing and more dynamic than in previous years and new starters have added skills and experience to the team. A new Retail Supervisor into Wakefield Shop in November 2021 has seen a steady improvement on sales figures. Wakefield was able to increase income from £43,943 in 2020 to £49,317 in 2021 with a stable trading approach.
## **Staffing**
The branch has experienced a number of leavers and new starters during 2021, including retirement of a long standing team member, who has returned to volunteer when they can.
Megan, our new Animal Care Manager joined the team in 2021 and has thrown herself into the role, initiating a number of projects, including the animal behaviour services, Online shop of animal goods & preventative treatments and promoting the opportunity much more widely for students to join us on work placements.
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## **RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **Staffing- continued**
The total number of staff employed by the Branch as at 31st December 2021 is outlined below:
- CEO: 1 FT
- Administration: 1 FT & 1 PT
- Reception & grounds 3 PT
- Animal care: 10 (4 x FT, 6 x PT)
- Charity shops network & eBay: 12 (6 x FT, 6 x PT)
- Fundraising: 2 (1x FT, 1 x PT)
- Salon Groomer - vacancy
- Animal Behaviourist - 1 PT
Recruitment has been extremely difficult across the branch in 2021, with people moving on, fewer applicants for some roles and the challenge of high competing salary ranges, the demand for flexible working and the ongoing pandemic taking its time to resolve and develop some near stability in the work place. A change in approach was clearly needed and the branch has risen to the challenge of being more adaptable and creative in its approach to recruitment & retention of staff.
What better way to finish the stories and news from 2021 about the activities of the charity, but with some animal pictures.
Page 18
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **FINANCIAL REVIEW**
## **Financial position**
The financial statements are as presented on pages 27 to 44 inclusive.
The total incoming resources for the year was some £527,898 (2020: £957,730) including legacies of £14,905 (2020: £371,382), expenditure was some £812,691 (2020: £842,946) resulting in a net deficit for the year of £244,697 (2020: net surplus of £114,784) before recognised gains and losses on investments. The charity shops network brought in sales and related income of £284,997 (2020: £343,385) against expenditure of £321,918 (2020: £373,444) yielding a net loss of £36,921 (2020: £30,059) over the year. The trustees are absolutely focused on growing future income levels from retail activities as part of the overall strategic plan for the Branch.
During 2021 £14,905 was received in legacies and the Trustees would like to extend their thanks to all those people who thought about the Leeds, Wakefield & District Branch and who gave so generously in their wills.
## **Investment policy and objectives**
During 2021 Brewin Dolphin investment advisers have continued to manage an animal welfare orientated ethical portfolio, accessing the best possible rates available under the current climate.
Brewin Dolphin seek to maximise capital appreciation from a portfolio of medium risk securities. During in the 12 month period to 2021 the portfolio made a total return of +11.77%. This compared to a total return in the MSCI WMA Income index of +10.42%. The market value of the investment portfolio was £498,226 at 31 December 2021.
- the majority of branch funds should be held in cash invested in longer term high interest deposit accounts or on the money market. - a range of small unit trust investments should also be held these investments being placed in a portfolio of equities, gilts, bonds and cash holdings with the restriction that no investment be lodged in a company associated with animal testing or experimentation contrary to the policies of the RSPCA.
The policy is reviewed on an annual basis following the publication of the audited annual accounts for the previous year and market trends.
The board of Trustees has appointed an investment sub-committee to review the branch's investment portfolio with the branch professional advisers on a 6 monthly basis to ensure the branch continues to gain the highest possible return on its investment. The committee is now in a stronger position to review potential investments for a greater return than has been available to them previously. However given the current economic climate and continuing uncertainty with regards to the global pandemic, the situation in eastern Europe, the Finance & Investment Committee will be held every 2 months to ensure that investment portfolio returns are optimised where possible and robust recommendations are submitted to the Board of Trustees.
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**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **Reserves policy**
At the end of the year the Branch held an accumulated fund of some £2,359,277 (2020 : £2,603,974).
Since their appointment the Trustees have reviewed & rewritten the Branch reserves policy.
- the Branch holds reserves in order that levels of service provided for animal welfare may be maintained should there be a reduction in incoming resources
- reserves in this context should mean funds that are freely available for the Branch's general purposes after all commitments have been met
The Trustees therefore agreed to exclude tangible fixed assets such as property, vehicles and equipment together with any restricted or designated funds held by the Branch from the calculation of general reserves.
The total funds held by the Branch as at 31st December 2021 were some £2,359,277 (2020: £2,603,974) of which tangible assets represent some £1,730,969 (2020 £1,751,430). Restricted funds as at 31st December 2021 totalled £Nil (2020: £5,000) and therefore available reserves as at the end of Dec 2021 were £628,308 (£2020: £847,544). When comparing Branch costs (excluding depreciation) to free reserves for 2021, the costs would be covered for a period of approximately 10 months.
The Charity's reserve policy is to hold a minimum of six months' reserves to ensure continued financial security and to provide for contingencies. However, It is the opinion of the Trustees that the existing reserves are insufficient to meet any further reduction in incoming resources. Over future years it is therefore the intention of the Trustees to focus on balancing the budget whilst developing future plans to increase available reserve levels with new income streams. It is anticipated that investment of free reserves will improve the financial stability of the branch on a long-term view. In the short term, investments are seriously affected by the Ukraine crisis.
The Charity continued to apply for grants to help sustain it through the months of poor trading and recovery and although income generation activity slowly resumed in 2021, it will need to continue to rely on reserves and legacy donations in the next twelve months and possibly beyond. In the latter months of 2021 and into 2022, the continuing unrest in Europe and the rising fuel prices will stretch the charity considerably. One immediate result is the loss of value on investments currently shown as a direct impact of the trouble in Ukraine and the doubling of fuel costs almost overnight.
## **FUTURE PLANS**
The Trustees are constantly reviewing Branch activities to ensure that the Branch is in a position to:
- Increase its contribution to local animal welfare through various initiatives, existing schemes and new ventures including care of animals on behalf of the society
- Control operational costs while providing significant but sustainable animal welfare services
- Continue to strive for a balanced budget and increase the level of free reserves
- Continue animal care facilities in the branch area at affordable levels
- Establish additional fundraising income streams & optimise opportunities
- Increase 'sponsor a space' membership numbers & offer sponsorship gift packs and adoption starter packs
- increase engagement with corporate friends and helping them promote social responsibility
- Continue to manage a volunteer recruitment & retention programme through the branch's professional recruitment process
- develop a robust digital strategy to meet the needs of a changing world
As part of this activity, the Trustees are focussing with key staff on the ongoing Branch business plan, strategy and risk document to identify the priority activities for the Branch to undertake in the years ahead. To make a positive impact on the risk of a sustained budget deficit and counteract the ongoing & lasting financial effect of the pandemic and following European unrest.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Page 20
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **Charity constitution**
The RSPCA Leeds, Wakefield & District Branch (the Branch) is constituted as a charitable unincorporated association and is governed by the RSPCA Branch Rules.
The Branch adopts the policies of the Royal Society for the Prevention of Cruelty to Animals (the National Society), but has been a separately registered charity since 1963 in accordance with the Charities Act.
Into 2021 the National Society and governing body for branches to operate underwent a significant overhaul of strategy and structure. There is steady change planned in relation to branch rules, current relationship between branches and the society and ongoing changes to the overall strategy in animal welfare, rescue and prosecutions to bring clarity & focus in the aims and objectives of the RSPCA. This approach is well underway and further changes are planned into 2022.
## **Organisation and management**
In 2021 the Branch had a network of 4 charity shops, an eBay shop, an animal centre & shop, branch headquarters and various services to the public including off lead play area, Berties Grooming Salon, welfare services and hire of space for businesses and support services for animals owned by members of the public. A small stock generation team, Head of Fundraising & Communications, Digital Communications Assistant and reception team also support the branch. The retail outlets sell mainly second-hand goods donated by the public to raise funds for the Branch's charitable activities but also stock a small number of items to sell to adopters and pet owners.
In 2021 the retail warehouse was initiated and now processes donations efficiently to stock the relevant outlets with appropriate goods for sale and maximise the online offering. With so much stock, an additional sales outlet is being researched for 2022.
The branch is focussing on high quality, affordable & short term animal care with an overall aim of rehoming animal victims of cruelty as effectively & efficiently as possible for the benefit of the animal and pursuing education of the public to reduce animal cruelty in the future.
The Branch works closely with staff from the National Society and in particular RSPCA Inspectors and Animal Collection Officers in pursuit of the charity's objectives, along with collaboration with neighbouring branches to achieve the overall aims of the organisation.
The branch animal centre temporarily cares for dogs, cats and small animals while a new home is found through adoptions. This work relies heavily on people coming forward to adopt animals and although following the 'perfect match' guidelines of the society, not all adoptions are successful. Unfortunately, in 2021 a SIR was reported to the Charity Commission, relating to the injury of an owner's relative following adoption. Sadly but necessary, this resulted in the animal being put to sleep. Fortunately, this is a rare event.
## **Decision making**
The charity is governed by a Committee elected from amongst the Branch membership at each Annual General Meeting to manage the affairs of the branch for the ensuing year.
The Committee must consist of a minimum of seven and not more than fourteen elected members and has the power to co-opt a further three members who shall be Trustees of the Branch until the next Annual General Meeting.
The officers of the Branch are appointed from amongst the Committee and shall, as a minimum, consist of a Chairperson, Secretary and Treasurer all serving in an honorary capacity.
The charity trustees have individual and collective responsibility for the management of the Branch and its funds. Subject to the overall supervision of the National Society, the Committee controls and monitors all the fundraising and animal welfare initiatives undertaken by the Branch.
Page 21
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **Key management remuneration**
The Senior Management Team comprises of key management personnel who are delegated by the Board of Trustees to control, run and operate the charity on a day to day basis.
The Board of Trustees receive no remuneration for the time they give to the management & governance of the charity. Details of expenses and related third party transactions are disclosed in the accounts.
The pay of senior staff is reviewed annually in line with the charity pay review procedure and decisions are made in relation to increases based on related industry benchmarked earnings & economic and affordability data.
All staff salaries are reviewed in line with branch policy to ensure that the remuneration set is fair and not out of line with that generally paid for similar roles within the charity sector or in breach of statutory government minimum or living wage rates.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The Branch has a risk management strategy, which comprises:
- an annual review of the risks the charity may face
- an annual financial audit in line with Charity Commission recommendations
- the establishment of systems and procedures to mitigate those risks identified
- the implementation of procedures to minimise the potential impact on the charity should those risks materialise
The Trustees have identified these main areas of risk:
- loss of reputation through error or fraud
- loss of income through error or fraud
- loss of income through poor investment performance
- insufficient trustees for the Branch to continue
- loss of key staff and skills
- insufficient volunteers for fundraising activities
- insufficient funds to cover the costs of animal welfare activities
- incidence of critical impact by major events e.g. pandemics
The Trustees have implemented an ongoing review of the Branch's policies, procedures and controls to ensure that these are adequate to mitigate the main identified risks. A formal Business risk management document is in place and reviewed annually.
The Finance & Investment Sub Committee meet frequently to review the cash flow in light of the ongoing impact of COVID 19 and worldwide unrest.
## **Donations**
Donations to the charity should be sent to the Trustees at the registered office. Cheques should be made payable to "RSPCA Leeds, Wakefield & District Branch". Alternatively, donations may be made online and further details of this are available on our website.
Approved by order of the board of trustees on 20[th] April 2022 and signed on its behalf by:
D Chappell - Trustee
Page 22
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31ST DECEMBER 2021**
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 23
**REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **Opinion**
We have audited the financial statements of RSPCA Leeds, Wakefield and District Branch (the 'charity') for the year ended 31st December 2021 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
- give a true and fair view of the state of the charity's affairs as at 31st December 2021 and of its incoming resources and application of resources, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Charities Act 2011.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **Other information**
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
## **Matters on which we are required to report by exception**
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:
- the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
- sufficient accounting records have not been kept; or
- the financial statements are not in agreement with the accounting records and returns; or
- we have not received all the information and explanations we require for our audit.
Page 24
**REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **Responsibilities of trustees**
As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
## **Our responsibilities for the audit of the financial statements**
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Based on our understanding of the entity and industries in which it operates, we identified the principal risks of non-compliance with laws and regulations related to the application of charitable funds and data protection. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Charities Act 2011.
We assessed the susceptibility of the company's financial statements to material misstatement and how fraud might occur, including through discussions with the directors, discussions within our audit team planning meeting, updating our record of internal controls, and ensuring these controls operated as intended. We determined the principal risks were related to posting journal entries to manipulate profits, and management bias in accounting estimates, especially accrued income.
To address the risk of fraud through management bias and override of controls, we:
- Performed analytical procedures to identify any unusual or unexpected relationships.
- Identified and tested journal entries and identified any significant transactions that were unusual or outside the normal course of business.
- Investigated the rationale behind significant or unusual transactions.
- Challenged assumptions and judgements made by management in determining significant accounting estimates, in particular in relation to dilapidation provisions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed audit procedures which included, but were not limited to:
- Agreeing financial statements disclosures to underlying supporting documentation.
- Discussions with management of known or suspected instances of non-compliance with laws and regulations.
- Reading the minutes of meetings of those charged with governance.
- Reviewing correspondence with HMRC, relevant regulators including the Charities Commission and the charity's legal advisors.
At the completion stage of the audit, the engagement partner's review included ensuring that the team had approached their work with appropriate professional scepticism and thus the capacity to identify non-compliance with laws and regulations and fraud.
Page 25
**REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **Our responsibilities for the audit of the financial statements**
There are inherent limitations in the audit procedures described above and the further removed non-compliance of laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement relating to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
## **Use of our report**
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Christopher Darwin FCA (Senior Statutory Auditor) For and on behalf of Thomas Coombs Limited
Statutory Auditor Chartered Accountants 3365 The Pentagon Century Way Thorpe Park Leeds West Yorkshire LS15 8ZB
Date:20[th] April 2022
Page 26
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2021**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations, grants and legacies
2
**Charitable activities**
5
Animal welfare
Other trading activities
3
Investment income
4
Other income
**Total**
**EXPENDITURE ON**
Raising funds
6
**Charitable activities**
7
Other costs
Employee costs
Direct costs on animal welfare
Premises costs
Governance costs
**Total**
Net gains/(losses) on investments
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
17
**Net movement in funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
**220,031**
**52,929**
**215,392**
**10,542**
**472**
**499,366**
**371,481**
**44,294**
**258,951**
**43,294**
**90,460**
**4,211**
**812,691**
**40,096**
**(273,229)**
**33,532**
**(239,697)**
**2,598,974**
**2,359,277**|Restricted
funds
£
**28,532**
**-**
**-**
**-**
**-**
**28,532**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**28,532**
**(33,532)**
**(5,000)**
**5,000**
**-**|**2021**
**Total**
**funds**
**£**
**248,563**
**52,929**
**215,392**
**10,542**
**472**
**527,898**
**371,481**
**44,294**
**258,951**
**43,294**
**90,460**
**4,211**
**812,691**
**40,096**
**(244,697)**
**-**
**(244,697)**
**2,603,974**
**2,359,277**|2020
Total
funds
_£_
665,256
51,747
227,427
11,974
1,326
957,730
420,416
47,760
258,258
28,725
83,634
4,153
842,946
(30,508)
84,276
-
84,276
2,519,698
2,603,974|
|---|---|---|---|---|
The notes form part of these financial statements
Page 27
## **RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **BALANCE SHEET 31ST DECEMBER 2021**
|Notes
**FIXED ASSETS**
Tangible assets
12
Investments
13
**CURRENT ASSETS**
Debtors
14
Cash at bank
**CREDITORS**
Amounts falling due within one year
15
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
17
Unrestricted funds:
Free charitable reserve
Tangible fixed asset reserve
Restricted funds:
Donation for dog behaviour house
**TOTAL FUNDS**|Unrestricted
funds
£
**1,730,969**
**498,231**
**2,229,200**
**60,157**
**127,927**
**188,084**
**(58,007)**
**130,077**
**2,359,277**
**2,359,277**|Restricted
funds
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2021**
**Total**
**funds**
**£**
**1,730,969**
**498,231**
**2,229,200**
**60,157**
**127,927**
**188,084**
**(58,007)**
**130,077**
**2,359,277**
**2,359,277**
**628,308**
**1,730,969**
**-**
**2,359,277**|_2020_
_Total_
_funds_
_£_
_1,751,430_
_431,329_
_2,182,759_
_170,881_
_322,783_
_493,664_
_(72,449)_
_421,215_
_2,603,974_
_2,603,974_
847,544
1,751,430
5,000
2,603,974|
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 20[th] April 2022 and were signed on its behalf by:
D Chappell - Trustee
S Cox - Trustee
The notes form part of these financial statements
Page 28
## **RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2021**
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash (used in)/provided by operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Purchase of fixed asset investments
Sale of fixed asset investments
Investment income
Net cash used in investing activities
**Change in cash and cash equivalents in the**
**reporting period**
**Cash and cash equivalents at the beginning of**
**the reporting period**
**Cash and cash equivalents at the end of the**
**reporting period**|**2021**
**£**
**(124,553)**
**(124,553)**
**(54,039)**
**(102,437)**
**75,631**
**10,542**
**(70,303)**
**(194,856)**
**322,783**
**127,927**|_2020_
_£_
_54,362_
_54,362_
_(99,658)_
_(323,362)_
_316,540_
_11,974_
_(94,506)_
_(40,144)_
_362,927_
_322,783_|
|---|---|---|
The notes form part of these financial statements
Page 29
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2021**
|**1.**
**RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
**2021**
**£**
**Net (expenditure)/income for the reporting period (as per the Statement of**
**Financial Activities)**
**(244,697)**
**Adjustments for:**
Depreciation charges
**74,398**
(Gain)/losses on investments
**(40,096)**
Loss on disposal of fixed assets
**102**
Investment income
**(10,542)**
Decrease/(increase) in debtors
**110,724**
(Decrease)/increase in creditors
**(14,442)**
**Net cash (used in)/provided by operations**
**(124,553)**|_2020_
_£_
_84,276_
_67,850_
_30,508_
_101_
_(11,974)_
_(136,749)_
_20,350_
_54,362_|
|---|---|
2. **ANALYSIS OF CHANGES IN NET FUNDS**
|At 1/1/21
Cash flow
**At**
£
£
**Net cash**
Cash at bank
**322,783**
**(194,856)**
**322,783**
**(194,856)**
**Total**
**322,783**
**(194,856)**|**31/12/21**
**£**
**127,927**
**127,927**
**127,927**|
|---|---|
The notes form part of these financial statements
Page 30
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **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.
## **Going concern- basis of preparation**
In adopting the going concern basis of accounting in preparing the financial statements, the trustees have considered the following:
The development and utilisation of robust financial forecasts, which consider the performance of individual shops and other income generating departments of the Charity. Cash is forecast to remain positive throughout 2022, with an anticipated balance of £66,235 at the end of 2022 and no less than £30,000 throughout 2023. Such cash balances will be achieved through the Charity drawing down on its fixed asset investment portfolio.
The Trustees consider that there are no material uncertainties about the Charity's ability to continue for a period of not less than 12 months from the date of approval of the financial statements. Accordingly the financial statements have been prepared on the going concern basis.
## **Income**
Donations and sponsored events are included in the Statement of Financial Activities when:
- the Charity is told it is to receive the gift or donation
- the Trustees are reasonably certain of the amount to be received
- the Trustees are reasonably certain they will receive the money and
- any conditions for receipt are met
Legacies are recognised when it is probable that they will be received. Receipt is normally probable when:
- there has been grant of a probate:
- the executors have established that there are sufficient assets in the estate after settling any liabilities to pay the legacy; and
- any conditions attached to the legacy are either within the control of the Charity or have been met.
Gifts donated for resale are included as income following their sales together with any related gift aid income (recognition of income before the date of sale is not considered appropriate due to the excessive costs of obtaining the relevant information). Accordingly no stock value is attributed to goods held at the balance sheet date.
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received using the accruals model.
The charity operates a retail gift aid scheme to reclaim gift aid on the value of donated foods sold for those donors registered with the scheme.
No amounts are included in the financial statements for services donated by volunteers.
Interest is accounted for on an accruals basis.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
continued...
Page 31
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **1. ACCOUNTING POLICIES - continued**
## **Expenditure**
All expenditure is accounted for net of recoverable VAT.
Cost of charitable activities compromise all costs, including depreciation, incurred in respect of and directly attributable to the operation and maintenance of the animal centre in the Leeds & Wakefield district.
Costs of raising funds includes the overhead costs directly attributable to operating the charity's shops, as well as events and investment portfolio management.
Support costs are those costs incurred directly in support of expenditure in furtherance of the charity's objective.
Governance costs comprise the costs attributable to the management of the charity's assets and organisational administration.
The cost of volunteer time is not accounted for as this cannot be estimated reliably.
## **Tangible fixed assets**
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Costs includes costs directly attributable to making the asset capable of operating as intended.
Depreciation is provided to write off the cost less the estimated residual of tangible fixed assets by equal instalments over their estimated useful economic lives as follows:
|Freehold property|**- 4% on cost and 2% on cost**|
|---|---|
|Fixtures and fittings|**- 33% on cost**|
|Motor vehicles|**- 25% on reducing balance**|
Tangible fixed assets are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset’s cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Operating lease agreements**
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Financial instruments**
Derivative financial instruments are initially measured at fair value at the date on which a derivative contract is entered into and are subsequently measured at fair value through profit or loss.
continued...
Page 32
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **1. ACCOUNTING POLICIES - continued**
## **Investments**
Investments held by the charity are shares which are publicly traded. Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value with changes recognised in 'net gains / (losses) on investments' in the SoFA.
## **2. DONATIONS, GRANTS AND LEGACIES**
## **3.**
|Door to door donations
Other donations
Legacies
Grants
Grants received, included in the above, are as follows:
**Other grants**
Dog behaviour house from regional board
Support adoption for pets
Petplan
Rose animal welfare trust
BGL
Cat Iso extension from regional board
Regional board
Other grants
COVID business grants- charitable activities
Furlough grants- charitable activities
**Trading related grants**
COVID business grants- trading activities
Furlough grants- trading activities
**OTHER TRADING ACTIVITIES**
Fundraising events
Shop income
Rental income
Pet grooming|**2021**
**£**
**24,182**
**71,121**
**14,905**
**138,355**
**248,563**
**2021**
**£**
**7,925**
**-**
**-**
**20,000**
**-**
**1,161**
**10,000**
**6,228**
**17,265**
**392**
**57,806**
**17,578**
**138,355**
**2021**
**£**
**36,127**
**173,486**
**-**
**5,779**
**215,392**|_2020_
_£_
_25,174_
_42,835_
_371,382_
_225,865_|
|---|---|---|
|||_665,256_|
|||_2020_
_£_
_-_
_12,500_
_3,600_
_10,000_
_5,000_
_38,862_
_12,945_
_2,000_
_25,000_
_-_
_92,334_
_23,624_|
|||_225,865_|
|||_2020_
_£_
_52,122_
_161,911_
_7,675_
_5,719_|
|||_227,427_|
continued...
Page 33
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **4. INVESTMENT INCOME**
|Dividends from UK listed investments
Interest receivable
**5.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Animal centre adoption
Animal welfare
Pet insurance commission
Animal welfare
Case animals
Animal welfare
Use of animal centre
Animal welfare
**6.**
**RAISING FUNDS**
**Raising donations and legacies**
Fundraising costs
**Other trading activities**
Purchases
Staff costs
Property leases
Rates and water
Insurance, light and heat
Telephone, postage, stationery and sundries
Legal fees
Motor and travelling
Staff training
**Investment management costs**
Portfolio management
Aggregate amounts|**2021**
**£**
**10,328**
**214**
**10,542**
**2021**
**£**
**18,952**
**2,440**
**25,598**
**5,939**
**52,929**
**2021**
**£**
**45,776**
**2021**
**£**
**4,210**
**196,792**
**71,148**
**2,779**
**5,580**
**33,046**
**1,620**
**5,462**
**1,281**
**321,918**
**2021**
**£**
**3,787**
**371,481**||_2020_
_£_
_10,518_
_1,456_|
|---|---|---|---|
||||_11,974_|
||||_2020_
_£_
_13,605_
_1,756_
_28,088_
_8,298_|
||||_51,747_|
||||_2020_
_£_
_43,750_|
||||_2020_
_£_
_4,291_
_198,402_
_96,194_
_3,864_
_11,398_
_54,763_
_495_
_3,618_
_419_|
|||_373,444_||
|||_2020_
_£_
_3,222_
_420,416_||
continued...
Page 34
## **RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **7. CHARITABLE ACTIVITIES COSTS**
|Other costs
Employee costs
Direct costs on animal welfare
Premises costs
Governance costs|Direct
Costs
£
**25,066**
**178,746**
**43,294**
**58,249**
**-**
**305,355**|Support
costs (see
note 8)
£
**19,228**
**80,205**
**-**
**32,211**
**4,211**
**135,855**|Totals
£
**44,294**
**258,951**
**43,294**
**90,460**
**4,211**|
|---|---|---|---|
||||**441,210**|
## **8.**
## **SUPPORT COSTS**
|Other costs
Employee costs
Premises costs
Governance costs|Governance
Other
costs
£
£
**19,228**
**-**
**80,205**
**-**
**32,211**
**-**
**-**
**4,211**
**131,644**
**4,211**|Totals
£
**19,228**
**80,205**
**32,211**
**4,211**|
|---|---|---|
|||**135,855**|
Support costs relate to expenditure incurred by the branch office. Direct costs relate to expenditure incurred by the animal centre.
## **9. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31st December 2021 nor for the year ended 31st December 2020.
## **Trustees' expenses**
There were no trustees' expenses or other benefits for the year ended 31st December 2021 nor for the year ended 31st December 2020.
## **10. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs|**2021**
**£**
**464,059**
**27,623**
**7,049**
**498,731**
|_2020_
_£_
_464,583_
_25,664_
_7,447_|
|---|---|---|
|||_497,694_|
||||
The gross remuneration of the senior management team during the year was £150,820 (2020: £156,091).
continued...
Page 35
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **10. STAFF COSTS - continued**
The average monthly number of employees during the year was as follows:
|Administration
Management
Animal care
Charity shops
Fundraising|**2021**
**3**
**2**
**15**
**7**
**2**
**29**|_2020_
_3_
_2_
_15_
_7_
_2_|
|---|---|---|
|||_29_|
No employees received emoluments in excess of £60,000.
## **11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Animal welfare
Other trading activities
Investment income
Other income
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
Other costs
Employee costs
Direct costs on animal welfare
Premises costs
Governance costs
**Total**
Net gains/(losses) on investments
**NET INCOME**
**Transfers between funds**
**Net movement in funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**|Unrestricted
funds
£
582,294
51,747
216,363
11,974
1,326
863,704
420,416
47,760
250,758
15,125
83,634
4,153
821,846
(30,508)
11,350
67,926
79,276
2,519,698|Restricted
funds
£
82,962
-
11,064
-
-
94,026
-
-
7,500
13,600
-
-
21,100
-
72,926
(67,926)
5,000
-|Total
funds
_£_
665,256
51,747
227,427
11,974
1,326
957,730
420,416
47,760
258,258
28,725
83,634
4,153
842,946
(30,508)
84,276
-
84,276
2,519,698|
|---|---|---|---|
continued...
Page 36
## **RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021**
|**11.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL**
**TOTAL FUNDS CARRIED FORWARD**
**12.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1st January 2021
Additions
Disposals
At 31st December 2021
**DEPRECIATION**
At 1st January 2021
Charge for year
Eliminated on disposal
At 31st December 2021
**NET BOOK VALUE**
At 31st December 2021
At 31st December 2020|**ACTIVITIES - continued**
Unrestricted
funds
£
2,598,974
Fixtures
Freehold
and
property
fittings
£
£
**1,983,463**
**393,581**
**30,936**
**8,325**
**-**
**(6,584)**
**2,014,399**
**395,322**
**267,079**
**362,187**
**52,023**
**18,754**
**-**
**(6,482)**
**319,102**
**374,459**
**1,695,297**
**20,863**
_1,716,384_
_31,394_||Restricted
funds
£
5,000
Motor
vehicles
£
**13,291**
**14,778**
**-**
**28,069**
**9,639**
**3,621**
**-**
**13,260**
**14,809**
_3,652_||Total
funds
_£_|
|---|---|---|---|---|---|
||||||2,603,974|
||||||Totals
£
**2,390,335**
**54,039**
**(6,584)**
**2,437,790**
**638,905**
**74,398**
**(6,482)**
**706,821**
**1,730,969**
_1,751,430_|
|||||||
|||||||
|||||||
|||||||
|||||||
The freehold property is utilised as an animal centre and head office of the charity.
## **13. FIXED ASSET INVESTMENTS**
|Cash and
Listed
settlements
investments
pending
£
£
**MARKET VALUE**
At 1st January 2021
**425,455**
**5,874**
Additions
**71,326**
**31,111**
Disposals
**(68,997)**
**-**
Revaluations
**33,462**
**-**
At 31st December 2021
**461,246**
**36,985**
**NET BOOK VALUE**
At 31st December 2021
**461,246**
**36,985**
At 31st December 2020
_425,455_
_5,874_|Totals
£
**431,329**
**102,437**
**(68,997)**
**33,462**
**498,231**
**498,231**
_431,329_|
|---|---|
All investments are carried at their fair value. Investment in equities and fixed interest securities are all traded in quoted public markets, primarily the London Stock Exchange. Asset sales and purchases are recognised at the date of trade at cost (transaction value).
continued...
Page 37
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **13. FIXED ASSET INVESTMENTS - continued**
The total value of the portfolio at 31st December 2021 was £498,431. The historical book cost was £429,353. The largest single holding was Fidelity UCITS (a North American equity fund), which amounted to 5.51% of the total portfolio valuation. The next largest holdings were Aegon (5.04%) and Royal London ethical bond (5.02%). No other individual investment represented more than 5% of the total investment portfolio valuation.
The main risk to the Charity from financial instruments lies in the combination of uncertain investment markets and therefore income and capital returns from the portfolio of assets. A rise in interest rates could impact on the bond element of the portfolio from a capital perspective, as a base rate rise would transpose into an increase in yields. This in turn would be reflected in lower capital values. Default rates are relatively low but a slow down in the global economy could see this figure increase, which in turn could affect bond pricing on the downside. Similarly a global economic slowdown could affect the ability of companies to distribute current levels of dividend and/or the ability to grow dividends. In turn this could affect capital values.
Currency translation risks remain for those companies and bonds that are exposed to overseas earnings and assets. A recovery in sterling from the recent lows witnessed in the aftermath of the Brexit vote could see a return decline in both income and capital though the translation effect.
Liquidity risk is anticipated to be low as all assets are traded on recognised exchanges. The commitment to intervention by central banks and market regulators has continued to provide for orderly trading in markets and therefore the ability to trade (buy and sell) quoted equities and stock is anticipated to continue. The Charity's investments are mainly traded in markets with good liquidity and high trading volumes. The Charity's portfolio has no material investment holdings in markets subject to exchange controls or trading restrictions.
The Charity manages investment risk by appointing professional investment managers and operating an investment policy that provides for a high degree of diversification of holdings within investment asset classes that are quoted on recognised stock exchanges. However the investment restrictions under which we operate can have the effect of limiting the ability to diversify, and by definition can increase risk. This has been drawn to the attention of the Trustees who are accepting that this may increase overall risk whilst also limiting investment return.
Through our investment management the Charity does not make use of derivatives and similar complex financial instruments as it takes the view that investments are held for their longer term total return. Whilst some level of volatility can reasonably be expected, historic studies of quoted financial instruments have shown that volatility in any particular five year period will normally be corrected.
## **14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade debtors
Other debtors
VAT
Prepayments
Accrued legacies|**2021**
**£**
**6,135**
**27**
**11,080**
**25,137**
**17,778**
**60,157**|_2020_
_£_
_2,952_
_27_
_12,635_
_24,094_
_131,173_|
|---|---|---|
|||_170,881_|
Some accrued legacy income may be received more than one year after the balance sheet date but it is not practical to estimate the amount due to uncertainty in the timing of the receipt of legacy income.
continued...
Page 38
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|---|---|---|
|Trade creditors
Taxation and social security
Other creditors|**2021**
**£**
**17,409**
**6,816**
**33,782**
**58,007**|_2020_
_£_
_21,504_
_5,989_
_44,956_|
|||_72,449_|
## **16. LEASING AGREEMENTS**
Minimum lease payments under non-cancellable operating leases fall due as follows:
|Within one year
Between one and five years
In more than five years
**MOVEMENT IN FUNDS**
**Unrestricted funds**
Free charitable reserve
Tangible fixed asset reserve
**Restricted funds**
Donation for dog behaviour house
Cat Iso extension from regional board
West Yorkshire Combine Authority
Dog behaviour house from regional board
Donation for Branch van
**TOTAL FUNDS**|At 1/1/21
£
**847,544**
**1,751,430**
**5,000**
**-**
**-**
**-**
**-**
**5,000**
**2,603,974**|Net
movement
in funds
£
**(198,729)**
**(74,500)**
**10,000**
**1,161**
**2,446**
**7,925**
**7,000**
**28,532**
**(244,697)**||**2021**
**£**
**55,889**
**107,222**
**-**
**163,111**
Transfers
between
funds
£
**(20,507)**
**54,039**
**(15,000)**
**(1,161)**
**(2,446)**
**(7,925)**
**(7,000)**
**(33,532)**
**-**|_2020_
_£_
_55,889_
_155,195_
_7,917_
_219,001_
At
31/12/21
£
**628,308**
**1,730,969**
**-**
**-**
**-**
**-**|_2020_
_£_
_55,889_
_155,195_
_7,917_|
|---|---|---|---|---|---|---|
|||||||_219,001_|
||||||**-**||
||||||**2,359,277**||
## **17. MOVEMENT IN FUNDS**
The transfers to the general fund represent the fulfilment of the capital spending restriction.
continued...
Page 39
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **17. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
Free charitable reserve
Tangible fixed asset reserve
**Restricted funds**
Donation for dog behaviour house
Cat Iso extension from regional board
West Yorkshire Combine Authority
Dog behaviour house from regional board
Donation for Branch van
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
Free charitable reserve
Tangible fixed asset reserve
**Restricted funds**
Donation for dog behaviour house
Cat isolation appeal
Cat Iso extension from regional board
Cat isolation donation
**TOTAL FUNDS**|Incoming
resources
£
**499,366**
**-**
**10,000**
**1,161**
**2,446**
**7,925**
**7,000**
**28,532**
**527,898**
At 1/1/20
£
799,975
1,719,723
-
-
-
-
-
2,519,698|Resources
expended
£
**(738,191)**
**(74,500)**
**-**
**-**
**-**
**-**
**-**
**-**
**(812,691)**
Net
movement
in funds
£
79,301
(67,951)
5,000
6,064
38,862
23,000
72,926
84,276||Gains and
losses
£
**40,096**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**40,096**
Transfers
between
funds
£
(31,732)
99,658
-
(6,064)
(38,862)
(23,000)
(67,926)
-|Movement
in funds
£
**(198,729)**
**(74,500)**
**10,000**
**1,161**
**2,446**
**7,925**
**7,000**
**28,532**
**(244,697)**
At
31/12/20
£
847,544
1,751,430
5,000
-
-
-
5,000
2,603,974|
|---|---|---|---|---|---|
|||||||
|||||||
The transfers to the general fund represent the fulfilment of the capital spending restriction.
continued...
Page 40
**RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021**
## **17. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
Free charitable reserve
Tangible fixed asset reserve
**Restricted funds**
Support adoption for pets
Petplan
BGL
Donation for dog behaviour house
Cat isolation appeal
Cat Iso extension from regional board
Cat isolation donation
**TOTAL FUNDS**|Incoming
Resources
resources
expended
£
£
863,704
-
(753,895)
(67,951)
12,500
(12,500)
3,600
(3,600)
5,000
(5,000)
5,000
-
6,064
-
38,862
-
23,000
-
94,026
(21,100)
957,730
(842,946)|Gains and
Movement
losses
in funds
£
£
(30,508)
-
79,301
(67,951)
-
-
-
-
-
-
-
5,000
-
6,064
-
38,862
-
23,000
-
72,926
(30,508)
84,276|
|---|---|---|
## **Restricted funds**
Pet plan - a grant received to be used to contribute towards the charities vet bills.
Support adoption for pets - a grant received to be used to contribute towards the charities vet bills and animal care staff salaries.
BGL - a grant received to be used to contribute towards the charities vet bills.
Dog behaviour house - donations received to be used to contribute towards the dog behaviour house.
Regional board grant - a grant received to be used to contribute towards the cost of the cat isolation extension and dog behaviour house.
West Yorkshire Combined Authority- a grant received to be used towards the cost of computer equipment.
Donation for Branch van- a donation towards the cost of a van.
## **18. RELATED PARTY TRANSACTIONS**
During the year the Leeds and Wakefield branch made purchases from the RSPCA National Society of £12,669 (2020: £10,359). The Leeds and Wakefield branch made sales to the RSPCA National Society of £26,109 (2020: £29,819). During the year the Leeds and Wakefield branch received grants totalling £19,086 (2020: £38,862) from RSPCA Yorkshire Regional Board. At 31st December 2021 the net amount owed from RSPCA National Society was £977 (2020: £2,375).
Page 41
## **RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2021**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Door to door donations
Other donations
Legacies
Grants
**Other trading activities**
Fundraising events
Shop income
Rental income
Pet grooming
**Investment income**
Dividends from UK listed investments
Interest receivable
**Charitable activities**
Animal centre adoption
Pet insurance commission
Case animals
Use of animal centre
**Other income**
Insurance claims
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Fundraising costs
**Other trading activities**
Purchases
Wages
Social security
Pensions
Property leases
Rates and water
Carried forward|2021
£
**24,182**
**71,121**
**14,905**
**138,355**
**248,563**
**36,127**
**173,486**
**-**
**5,779**
**215,392**
**10,328**
**214**
**10,542**
**18,952**
**2,440**
**25,598**
**5,939**
**52,929**
**472**
**527,898**
**45,776**
**4,210**
**182,993**
**11,267**
**2,532**
**71,148**
**2,779**
**274,929**|2020
_£_
25,174
42,835
371,382
225,865|
|---|---|---|
|||665,256
52,122
161,911
7,675
5,719|
|||227,427
10,518
1,456|
|||11,974
13,605
1,756
28,088
8,298|
|||51,747
1,326|
|||957,730
43,750
4,291
183,880
11,764
2,758
96,194
3,864
302,751|
This page does not form part of the statutory financial statements
Page 42
## **RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2021**
|**Other trading activities**
Brought forward
Insurance, light and heat
Telephone, postage, stationery and sundries
Legal fees
Motor and travelling
Staff training
**Investment management costs**
Portfolio management
**Charitable activities**
Wages
Social security
Pensions
Purchases
Insurance, light and heat
Rates and water
Telephone, cleaning etc
Re-homing and welfare costs (including boarding and
kennel fees)
Sundries
Legal fees
Depreciation of tangible fixed assets
Loss/ (profit) on sale of tangible fixed assets
**Support costs**
**Other**
Wages
Social security
Pensions
Rates and water
Insurance, light and heat
Telephone, cleaning etc
Sundries
Legal fees
Depreciation of tangible fixed assets
**Governance costs**
Auditors' remuneration
Total resources expended
**Net (expenditure)/income before gains and losses**|2021
£
**274,929**
**5,580**
**33,046**
**1,620**
**5,462**
**1,281**
**321,918**
**3,787**
**170,212**
**6,441**
**2,093**
**542**
**7,814**
**751**
**11,489**
**43,294**
**12,933**
**-**
**49,684**
**102**
**305,355**
**71,678**
**6,845**
**1,682**
**335**
**7,162**
**8,486**
**9,033**
**1,709**
**24,714**
**131,644**
**4,211**
**812,691**
**(284,793)**|2020
_£_
302,751
11,398
54,763
495
3,618
419|
|---|---|---|
|||373,444
3,222
173,839
4,528
2,324
904
7,208
1,450
12,382
28,725
16,650
380
43,136
101|
|||291,627
69,343
6,612
1,612
572
6,554
7,434
8,134
1,775
24,714|
|||126,750
4,153|
|||842,946|
|||114,784|
This page does not form part of the statutory financial statements
Page 43
## **RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2021**
|**Realised recognised gains and losses**
Realised gains/(losses) on fixed asset investments
Unrealised gains/ (losses) on fixed asset investments
**Net (expenditure)/income**|2021
£
**6,634**
**33,462**
**(244,697)**|2020
_£_
(55,498)
24,990
84,276|
|---|---|---|
This page does not form part of the statutory financial statements
Page 44