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2024-12-31-accounts

REGISTERED CHARITY NUMBER: 232223

REPORT OF THE TRUSTEES AND

INDEPENDENT EXAMINATION OF FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

Thomas Coombs Limited 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 2024

Page
Reference and Administrative Details 1 to 2
Report of the Trustees 3 to 20
Statement of Trustees Responsibilities 21
Independent Examiner's Report 22
Statement of Financial Activities 23
Balance Sheet 24
Cash Flow Statement 25
Notes to the Cash Flow Statement 26
Notes to the Financial Statements 27 to 36
Detailed Statement of Financial Activities 37 to 39

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31ST DECEMBER 2024

TRUSTEES D Chappell
K Walley
S Cox
J Burge
R Graham
E Waddington
A Hanna
S Bailey
N Rogers (appointed25/7/24)
G Clarkson (appointed 26/9/24)
S Scrupps (appointed 25/7/24 & resigned 31/10/24)
D Hinchcliffe (resigned 25/7/24)
H Murray (resigned 25/7/24)
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 2024

SENIOR LEADERSHIP TEAM AND OTHER Senior Leadership Team ADVISERS

C Lewis-Jones (CEO) G Cameron (Branch Administrator) A Carr (Head of Retail) A Sep (Financial Controller) S Hoyle (Head of Fundraising & Communications) M Rattray (Animal Care Manager) Bankers Santander Bootle Merseyside LS30 4GB NatWest Bank 1 Victoria Place Holbeck Leeds LS11 5AN

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RSPCA LEEDS, WAKEFIELD AND DISTRICT 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). In 2024 the trustees have selected to continue their approach from a full detailed audit to an independent examination, maintaining a robust audit control mechanism internally and continuing to keep a high standard of financial controls in place.

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, vaccinated 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".

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RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024

ACHIEVEMENT AND PERFORMANCE Charitable activities Animal welfare

During 2024 the branch continued to face huge challenges, stretching the activities of the charity. Despite this and following some consolidation of services and animal care, the charity has achieved impactful results in the key areas of animal welfare activity (rehoming, welfare neutering and welfare microchipping):

190 rehomed animals (2023: 219 animals) 52 dogs- (2023: 46) 113 cats- (2023: 138) 25 rabbits- (2023: 33) 0 misc- (2023: 2)

139 neutered animals (2023: 149 animals) 36 dogs- (2023: 34) 84 cats- (2023: 75) 19 rabbits- (2023 40) 0 misc - (2023:01) 146 micro-chipped animals (2023: 152 animals) 22 dogs- (2023: 17) 113 cats- (2023: 102) 11 rabbits- (2023: 33) 0 misc- (2023: 0) 0 animals provided with welfare assistance (flea/worming/emergency treatment) (2023: 0 animals) 0 dogs- (2023: 0) 0 cats- (2023: 0) 0 misc- (2023: 0)

During 2024, the branch continued to face rising day to day costs including vet fees, food and staffing costs in animal care, the strain on the charity funds has continued to be very severe.

Successful appeals have been launched to ask for help to fund major operations for animals in our care and supporters, companies and individuals have been extremely generous. This help has enabled us to rehabilitate animal victims of abuse and place them in new homes.

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RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024

Animal welfare- continued

During 2024 centre based adoptions continued and an emphasis on efficiency in rehoming resulted in maintaining good rehoming levels.

The branch continues to innovate to help animals in care and those in the community requiring support. In 2024 a plan to reopen the indoor play arena for hire was instigated and hopefully it will be ready for hire in early 2025.

The off lead facility, Berties DIY ‘wash n go’, pet food banks in all our locations, numerous dog training classes , one to one support and puppy classes continue with branch based behaviourists. This support provided outside the animal care and rehabilitation work already in place, assists those who benefit from cheaper services, free food if needed to help keep their pet at home and training to help owners manage their animals responsibly.

The graphs below give some indication of where money is spent and what can be achieved, with significantly diminishing resources & severely rising costs.

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RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024

Animal welfare- continued

The collaboration with Cats Protection to hire out cat apartments to the fellow charity to help cat rehoming has proved very successful for all concerned.

Treatment and vet fees continue to increase due to the number of animals being brought to the centre requiring significant medical intervention and behaviour care.

Costs for animal care and ongoing rehoming remains a serious challenge, especially in the staffing costs to provide care to animals in the centre. 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 care centre continue to test the charity severely.

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RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024

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. The branch also provides office accommodation for the northern group of inspectors.

The Animal Centre hosts numerous activities and events to raise awareness, generate income and promote good animal care and responsible pet ownership. The centre hosts fayres, dog walks, 'drive thru' donation days, corporate volunteer opportunities and hosts animal care students from nearby colleges who work in placements or as volunteers to enhance their knowledge and career.

Animals shown below are just some, out of hundreds, of the most in need, brought to us by the inspectorate and finally with care and attention from the animal care team, have been found new loving homes.

The Animal Care Team & Zeus, longest stay dog and rehomed in April 2024 after 533 days

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RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024

Animal welfare- continued

Rosie, a cat who struggled with direct human interaction is now a lap cat in her forever home

Beau & Buttons – mum and daughter, the last rabbits of 2024 to be adopted.

The team and Tala

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RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024

Animal welfare- continued

News from the Animal Centre Team

There has been continued success with our DIY Wash ‘n’ Go, bringing in a modest income with minimal costs. Now looking to expand this to the pet professional world and assist qualified self-employed groomers through a rent a table basis.

Home to Home Adoption Scheme

This scheme continues to assist those struggling financially and/or mentally with keeping their pet and without bringing the animal out of the home, assists owners to rehome directly. This scheme contributes to our overall animal welfare strategy and aims to prevent cruelty/neglect. The scheme allows the branch to focus its animal centre facilities on those animals most in need and suffering from cruelty/neglect.

Cats and Dogs Focused Branch

There was a significant reduction in the demand of rabbits requiring branch space but a continued increasing number of stray, abandoned and neglected cats and dogs. Our branch has chosen to put all skill and effort into helping rehabilitate and rehome cats and dogs in the future.

The decision to discontinue rehoming rabbits has allowed the opportunity to venture into promoting cat friendly homing and looking closer at improving the welfare of cats in a cattery environment by refurbishing our rabbit room into a dedicated Cat Behaviour Lounge. Plans have been made and will be implemented at the beginning of 2025.

Team and Volunteers

Thank you to all our team of Animal Care Assistants and Animal Behaviour Advisor & Trainer and volunteers, all dedicated to improving the lives of each animal which walks through our doors and many of whom have continued supporting our branch and animals in all sorts of ways throughout 2024.

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RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024

ACHIEVEMENT AND PERFORMANCE Fundraising activities

The branch continues to be supported by many organisations, who are incredibly generous with their time, donations and money. Pet Plan support us through their foundation. Organisations such Dunelm, Carr Gate Garden Centre, Morrisons and Amazon support our work with donations, help to enable us to purchase animal supplies, goods to sell in our shops and animal care goods to use onsite.

The branch applies for grants wherever possible and individual anonymous donors have supported the branch with funding, to whom we are very grateful. Corporate supporters have helped support the branch in 2024, giving up their time to help maintain and repair the animal centre or bring us much needed animal supplies.

This graph shows how much support we have in the community and despite the pressure individuals and companies are feeling from the economic climate, their generosity has continued, and we are very grateful to them for continuing to think of us.

The following showcase the fundraising activities which help sustain the branch throughout the year.

The fundraising team organise events from walks to fun days, to fayres to online activities, raffles & competitions. Every event generates much needed income and funds to sustain the animal care activity and the branch functions in the West Yorkshire area.

An expanded online offering, new website content and improved communications has enhanced our branch profile and reach. In addition our volunteer teams across all aspects of our work, be it in animal care, fostering, fundraising or retail are extremely valued and our work would not be achieved without them.

Our volunteers are an amazing group of people and come from all walks of life, whether retired or working, spare a few hours here and there or come to the centre or shop daily. The biggest event of the year is at Thornes Park, our Family Funday & Dog Show, raising over £4,500 and in 2025 it will be bigger than ever.

The notes form part of these financial statements

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RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024

The Three Peaks Walk 2024 raising over £3,000

The team run lots of diverse events throughout the year, including Wreath making workshops, Jingle Paws Carol Service sponsored dog walks, Pet Photo shoots by Ben Adams and much more.

The branch ran a number of appeals for much needed equipment and supplies. Shoe Box appeal, boiler appeal, Freddie’s appeal for veterinary care to name but a few.

The notes form part of these financial statements

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RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024

We would like to extend a huge THANK YOU to everyone who gave so generously to all our appeals for help.

The notes form part of these financial statements

Page 12

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024

ACHIEVEMENT AND PERFORMANCE Charity shops network

Wakefield……..Roundhay……..Rothwell……..Morley……..Halton……..Pontefract

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Our shops specialise in offering quality pre-loved fashion, accessories and homeware with a clear focus on sustainable shopping. The current shift towards ethical fashion, so many of us are thinking more about the origin of our clothing – and for good reason. Our initiative is to encourage buyers to shop sustainably, reducing environmental impact while donating to our cause.

The charity relies heavily on this activity to sustain its welfare work and animal care facility. We have been welcomed in both new communities of Halton & Pontefract, opened in October 2024 and are grateful to be supported by a stream of new customers while both shops are building a team of fantastic volunteers.

The notes form part of these financial statements

Page 13

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024

Charity shops network – continued

Our retail van has been wrapped with the new branding and some shops have had a makeover so they can attract more customers who want a pleasant shopping experience.

Gift Aid is collected at all our outlets, although it has dropped slightly for the last quarter, annually has improved on the previous year. Our current organisational sales conversion to Gift Aid is 28%. Adding much needed income to help animal welfare.

All shops have had their external branding of new signage with window decals to show the new RSPCA family brand. Our retail van has been wrapped with the new branding. The Retail Network is working more closely with the fundraising and the marketing team to engage more with the local community using social media to tell our story.

All shops have an animal food bank section to help the community in need. We don't charge for this service but suggest a small donation, although this is not necessary, it is most welcomed. The branch also supports local pantries who give food and supplies to local communities in need.

The 2[nd] hand market is growing 3 x faster than the overall market with online platforms driving growth. Although this is having a drop in the quality and quantity of donations, we want to capitalise on this growth and with this in mind, we are making changes to our ecommerce Depts. We have closed our Vinted shop and this will be re-launched by the end of January 2025. Our eBay has had an overhaul - taking off items we have had on there for a long time… just like we would in the shops… and refreshing the stock.

We have recently forged a partnership with a local Amazon warehouse who very kindly donate their unwanted, unsold and returned goods to our branch, this has been a great source of income for our Centre raising over £10k in sales of these goods over the last 6 months.

We are supported by a dedicated team of volunteers who worked 7280 hours in 2024 which is approximately 606 hours per month. We had 62,777 customers shop with us and saved 225 tons of items from going into landfills.

The notes form part of these financial statements

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RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024

Staffing

Th following staff numbers ensure the operations of the animal centre, ancillary services and the retail network. The retail team has grown in line with two new shops to help sustain the branch and its animal welfare activity.

Full Time (FT) is equivalent to 37.5 hours/week.

What better way to finish the stories and news from 2024 about the activities of the charity, but with some pictures of animal adoptions and happy endings.

The notes form part of these financial statements

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RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024

FINANCIAL REVIEW

Financial position

The financial statements are as presented on pages 22 to 34 inclusive.

Income for the year decreased by £2,570 to £809,799. Major elements of income are displayed in the table below.

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2024 2023 Variance
£ £ £
Shop income 459,664 414,374 45,290
Donations 48,887 45,801 3,086
Grants 49,537 39,284 10,253
Fundraising 45,939 58,603 (12,664)
Legacies 33,408 152,251 (118,843)
Other 172,364 102,056 70,308
Total income 809,799 812,369 (2,570)
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Net expenditure for the year totalled £241,185 (2023: £112,566). The net movement in funds can be analysed as follows:

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2024 2023 Variance
£ £ £
Operational deficit (173,838) (43,293) (130,545)
Depreciation (67,347) (68,220) (873)
Investment gains/(losses) - (1,053) 1,053
Net movement in funds (241,185) (112,566) (128,619)
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The trustees have been absolutely focused on growing future income levels from retail activities as part of the overall strategic plan for the branch with opportunities being explored to drive revenue scale to continue to absorb the central overheads of the Animal Centre. The increase in the Shop Income of £45,290 in 2024 was particularly pleasing despite the ongoing cost-of-living crisis. We closed our Wakefield Kirkgate shop in June 2024 and opened a new shop in Wakefield Westgate in February 2024 in a much better location. Two additional retail shops were opened in Pontefract and Halton in October 2024 and the initial trading has been positive from those new locations.

The Trustees and Senior Management are also committed to reducing the overall cost base where needed to counter the increased inflationary costs experienced during 2024 and to significantly reduce the operational monthly deficits. Further cost reductions are likely in 2025 to counter the impact of increases in Employer NIC contributions and National Minimum Wage.

During 2024 £33,408 (2023: £152,251) was received in legacies which whilst a significant reduction when compared to the previous year, 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

We split our investments between Santander and a savings account held at Nat West Bank to ensure that we benefit from the Financial Services Compensation Scheme (FSCS) and mitigate any investment risks.

The Charity continues to have an ethical stance over its investments, and we continue to meet the requirements of our Investment Statement.

The notes form part of these financial statements

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RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024

Investment policy and objectives - continued

The Board of Trustees has appointed a Finance and Investment Sub-Committee to review the branch's investment portfolio and the overall financial position of the Charity which meets every 2 months.

Reserves policy

At the end of the year the branch held an accumulated fund of some £1,761,212 (2023: £2,002,397).

Since their appointment the Trustees have reviewed and rewritten the branch reserves policy.

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 of 31st December 2024 were some £1,761,212 (2023: £2,002,397) of which tangible assets represent some £1,620,005 (2023: £1,618,946). Restricted funds as of 31st December 2024 totalled £3,833 (2023: £Nil) and therefore available reserves as at the end of December 2024 were £137,374 (2023: £383,451).

In addition to a target level of reserves the Charity's reserve policy considers a minimum level of reserves at which additional action would be taken. This measure is the period of cover reserves offer when compared to any forecast annual operating deficit. This ensures the Charity's ongoing potential for income generation is considered. When comparing the operational deficit forecasted for 2025 of £80,139 to free reserves, the free reserves would cover a period of approximately 20 months.

The Charity's reserve policy is to hold a target level of twelve months' expenditure to ensure continued financial security and to provide for contingencies, this would equate to approximately £1M. Reserves levels are reviewed every six months as a minimum. It is the opinion of the Trustees that the existing reserves are insufficient to meet any further reduction in incoming resources. Over the past few years, the Trustees have been focused on moving beyond just a balanced budget by developing plans to increase available reserve levels with new income streams whilst taking immediate action to reduce operating costs. However, given the impact of the recent budget and continuing uncertainty with the UK economy our reserves have been seriously eroded, and so further action to reduce costs is likely in 2025.

The Charity continues to apply for grants to help sustain its operations. However total income experienced a slight reduction in 2024 vs. 2023 and so it will need to continue to rely on reserves and legacy donations in the next twelve months and beyond. For the foreseeable future, the continuing global unrest and UK economic crisis will continue to stretch the charity considerably.

FUTURE PLANS

The Trustees are constantly reviewing branch activities to ensure that the branch can:

The notes form part of these financial statements

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RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024

Future plans - continued

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 economic effect of UK inflationary increases and continuing Global & European unrest.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its current governing document, a deed of trust, and constitutes an unincorporated charity.

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 2025 with the initiation of a new branch and society partnership for future working, new governance will allow for changing to a CIO status for branches in the coming months.

The branch notified the Charity Commission of one Serious Incident in 2024, in which no further action was required.

Organisation and management

In 2024 the branch had a network of 6 charity shops (2 of which opened in October 2024), an eBay shop, an animal centre & shop, branch headquarters and various services to the public including off lead play area, Berties DIY 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 addition, the charity has continued the collaboration with Cats Protection.

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 concentrates on the animals most in need and accepts cats, dogs, rabbits, and guinea pigs with 48hr emergency boarding for the inspectorate use for small animals.

The branch animal centre temporarily cares for dogs, cats, and small animals while a new home is found through adoptions. The branch relies heavily on people coming forward to adopt animals and although following the 'perfect match' guidelines of the society, not all adoptions are successful. The branch uses all means available to it, either face to face, social media, events, or promotions to connect positively with people looking to adopt an animal.

The notes form part of these financial statements

Page 18

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024

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.

Key management remuneration

The Senior Leadership 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 and follow the payment rules laid down by the Charity Commission.

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:

The Trustees have identified these main areas of risk with those of most concern:

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 regularly to review the cash flow considering the ongoing impacts of all these risks and attempt to plan to mitigate them and be agile and dynamic in its approach to risk.

The notes form part of these financial statements

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RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024

Risk management- continued

It is recognised that legacies are a natural complement to the branch financial picture but not reliable or timely. The branch makes every attempt to balance its budget without reliance on legacies, and in 2023 with the continuing rise in costs, the ability to refrain from drawing down reserves has been impossible. In 2023 rationalisation of activity, staffing and animal welfare activity, to sustain the branch into the future has been the branch's main focus. This has led to an undesirable drop in reserves but with legacies now processed successfully through probate funds are soon to help the charity into the future. In addition the rationalisation is starting to show benefits and improved the financial picture into 2024. There is still much more work to be done.

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. www.rspcaleedsandwakefield.org.uk

Approved by order of the board of trustees on 3[rd] May 2025 and signed on its behalf by:

D Chappell - Trustee

The notes form part of these financial statements

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RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31ST DECEMBER 2024

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

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.

D Chappell - Trustee Date: 3[rd] May 2025

The notes form part of these financial statements

Page 21

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

Independent examiner's report to the trustees of RSPCA Leeds, Wakefield and District Branch

I report to the charity trustees on my examination of the accounts of RSPCA Leeds, Wakefield and District 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:

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

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

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

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

Christopher Darwin FCA

The Institute of Chartered Accountants in England and Wales

Thomas Coombs Limited Chartered Accountants 3365 The Pentagon Century Way Thorpe Park Leeds West Yorkshire LS15 8ZB

Date: 3[rd] May 2025

The notes form part of these financial statements

Page 22

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024

Notes
INCOME AND ENDOWMENTS FROM
Donations 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
18
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
94,692
161,283
509,995
6,391
298
772,659
581,713
55,752
254,808
47,223
98,602
3,530
1,041,628
-
(268,969)
23,951
(245,018)
2,002,397
1,757,379		 Restricted
funds
£
37,140
-
-
-
-
37,140
1,157
-
-
8,199
-
-
9,356
-
27,784
(23,951)
3,833
-
3,833		 2024
Total
funds
£
131,832
161,283
509,995
6,391
298
809,799
582,870
55,752
254,808
55,422
98,602
3,530
1,050,984
-
(241,185)
-
(241,185)
2,002,397
1,761,212		 2023
Total
funds
£
237,336
92,370
475,994
6,225
444
812,369
481,373
49,782
243,439
55,752
90,556
2,980
923,882
(1,053)
(112,566)
-
(112,566)
2,114,963
2,002,397

The notes form part of these financial statements

Page 23

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

BALANCE SHEET 31ST DECEMBER 2024

Notes
FIXED ASSETS
Tangible assets
12
CURRENT ASSETS
Debtors
13
Cash at bank
CREDITORS
Amounts falling due within one year
14
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CREDITORS
Amounts falling due after more than one year
15
NET ASSETS
FUNDS
18
Free charitable reserve
Tangible fixed asset reserve
Restricted funding reserve
TOTAL FUNDS		 Unrestricted
funds
£
1,620,005
158,858
153,196
312,054
(87,645)
224,409
1,670,344
(87,035)
1,757,379		 Restricted
funds
£
-
3,833
-
3,833
-
3,833
3,833
-
3,833		 2024
Total
funds
£
1,620,005
162,691
153,196
315,887
(87,645)
228,242
1,674,177
(87,035)
1,761,212
137,374
1,620,005
3,833
1,761,212		 2023
Total
funds
£
1,618,946
341,895
280,075
621,970
(86,519)
535,451
2,154,397
(152,000)
2,002,397
383,451
1,618,946
-
2,002,397

The financial statements were approved by the Board of Trustees and authorised for issue on 3[rd] May 2025 and were signed on its behalf by:

............................................. D Chappell - Trustee

The notes form part of these financial statements

Page 24

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Purchase of fixed asset investments
Investment income
Sale of tangible fixed assets
Sale of fixed asset investments
Net cash (used in)/provided by investing activities
Cash flows from financing activities
Loan advanced
Loan repaid
Net cash provided by operating 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		 2024
£
6,389
6,389
(68,495)
-
-
192
-
(68,303)
-
(64,965)
(64,965)
(126,879)
280,075
153,196		 2023
£
(180,232)
(180,232)
(7,669)
(6,117)
6,225
-
243,920
236,359
190,000
-
190,000
246,127
33,948
280,075

The notes form part of these financial statements

Page 25

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2024

1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES

1.
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES		 1.
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES		 1.
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES
2024
£
Net expenditure for the reporting period (as per the Statement of Financial
Activities)
(241,185)
Adjustments for:
Depreciation charges
67,347
Losses on investments
-
Profit on disposal of fixed assets
(103)
Investment income
-
Decrease in debtors
179,204
Decrease in creditors
1,126
Net cash provided by operations
6,389
2.
ANALYSIS OF CHANGES IN NET FUNDS
At 1/1/24
Cash flow
At
£
£
Net cash
Cash at bank
280,075
(126,879)
280,075
(126,879)
Debt
Debts falling due within 1 year
(38,000)
-
Debts falling due after 1 year
(152,000)
64,965
(190,000)
64,965
Total
90,075
(61,914)		 2023
£
(112,566)
68,220
1,053
-
(6,225)
(119,205)
(11,509)
(180,232)
31/12/24
£
153,196
153,196
(38,000)
(87,035)
(125,035)
28,161
90,075 (61,914)

The notes form part of these financial statements

Page 26

RSPCA LEEDS, WAKEFIELD AND DISTRICT 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.

Going concern- basis of preparation

In accordance with accounting standards by adopting the going concern basis of accounting in preparing the annual financial statements the trustees have considered a period of 12 months from the date of approval of the accounts. Within those considerations the Trustees have noted the following:

Taking all of the above into the account the trustees consider that the charity will continue to operate within available banking facilities for at least the next 12 months from the date of these accounts. Accordingly the trustees continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Income

Donations and sponsored events are included in the Statement of Financial Activities when:

Legacies are recognised when it is probable that they will be received. Receipt is normally probable when:

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.

Interest is accounted for on an accruals basis.

continued...

Page 27

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024

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.

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 is estimated and compared to the carrying amount. When 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.

continued...

Page 28

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024

1. ACCOUNTING POLICIES - continued

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.

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 AND LEGACIES

Door to door donations
Other donations
Legacies
Grants
Grants received, included in the above, are as follows:
Other grants
RSPCA Regional Board
Pets at Home
RSPCA National
3.
OTHER TRADING ACTIVITIES
Fundraising events
Shop income
Pet grooming
4.
INVESTMENT INCOME
Dividends from UK listed investments
Interest receivable		 2024
£
21,821
27,066
33,408
49,537
131,832
2024
£
3,086
12,965
5,000
28,486
49,537
2024
£
45,939
459,664
4,392
509,995
2024
£
-
6,391
6,391		 2023
£
23,093
22,708
152,251
39,284		 2023
£
23,093
22,708
152,251
39,284		 2023
£
23,093
22,708
152,251
39,284
237,336
2023
£
9,977
10,000
19,307
-
39,284
2023
£
58,603
414,374
3,017
475,994
2023
£
2,044
4,181
6,225
6,225

continued...

Page 29

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024

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		 2024
£
119,156
4,874
9,709
27,544
161,283
2024
£
63,957
2024
£
4,221
308,394
97,924
5,852
17,771
65,410
12,014
6,306
1,021
518,913
2024
£
-
582,870		 2023
£
41,630
3,991
21,519
25,230
92,370
2023
£
42,683
2023
£
2,274
286,211
73,447
3,151
13,408
48,952
3,197
6,857
25
437,522
2023
£
1,168
481,373

continued...

Page 30

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024

7. CHARITABLE ACTIVITIES COSTS

Other costs
Employee costs
Direct costs on animal welfare
Premises costs
Governance costs
8.
SUPPORT COSTS
Other costs
Employee costs
Premises costs
Governance costs		 Direct
Costs
£
29,270
171,871
55,421
61,701
-
318,263		 Support
costs (see
note 8)
£
26,482
82,937
-
36,902
3,530
149,851		 Totals
£
55,752
254,808
55,421
98,603
3,530
468,114
Governance
Other
costs
£
£
26,482
-
82,937
-
36,902
-
-
3,530
146,321
3,530		 Totals
£
26,482
82,937
36,902
3,530
149,851

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 2024 nor for the year ended 31st December 2023.

10. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 2024
£
574,082
44,844
11,367
627,295		 2023
£
531,004
33,716
9,987
574,707

The total employment cost to the charity for the senior management team during the year was £206,062 (2023 £189,586).

continued...

Page 31

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024

10. STAFF COSTS - continued

The average monthly number of employees during the year was as follows:

Admin
Management
Animal care
Charity shops
Fundraising		 2024
3
1
6
16
2
28		 2023
2
2
9
11
2
26

The average full time equivalent of employees during the year was 26 (2023: 23)

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/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
213,972
92,370
475,994
6,225
444
789,005
481,373
49,782
243,439
32,388
90,556
2,890
923,882
(1,053)
(112,566)
2,114,963
2,002,397		 Restricted
funds
£
23,364
-
-
-
-
23,364
-
-
-
23,364
-
-
23,364
-
-
-
-		 Total
funds
£
237,336
92,370
475,994
6,225
444
812,369
481,373
49,782
243,439
55,752
90,556
2,890
923,882
(1,053)
(112,566)
2,114,963
2,002,397

continued...

Page 32

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024

12. TANGIBLE FIXED ASSETS

Freehold
property
£
COST
At 1st January 2024
2,014,399
Additions
-
Disposals
-
At 31st December 2024
2,014,399
DEPRECIATION
At 1st January 2024
425,798
Charge for year
53,371
Eliminated on disposal
-
At 31st December 2024
479,169
NET BOOK VALUE
At 31st December 2024
1,535,230
At 31st December 2023
1,588,601
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
VAT
Prepayments
Accrued legacies		 Fixtures
and
fittings
£
407,527
68,495
-
476,022
394,378
10,158
-
404,536
71,486
13,149		 Motor
vehicles
£
33,828
-
(6,055)
27,773
16,632
3,818
(5,966)
14,484
13,289
17,196
2024
£
16,909
27
10,505
38,060
97,190
162,691		 Totals
£
2,455,754
68,495
(6,055)
2,518,194
836,808
67,347
(5,966)
898,189
1,620,005
1,618,946
2023
£
17,882
27
2,702
29,008
292,276
341,895

13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

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 33

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024

14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Taxation and social security
Other creditors
Other loans
15.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Other loans
16.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Other loans
Amounts falling between one and two years:
Other loans - 1-2 years
Amounts falling due between two and five years:
Other loans - 2-5 years
17.
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
Within one year
Between one and five years		 2024
£
15,141
10,454
24,050
38,000
87,645
2024
£
87,035
2024
£
38,000
38,000
49,035
2024
£
105,450
182,375
287,825		 2023
£
8,197
9,959
30,363
38,000
86,519
2023
£
152,000
2023
£
38,000
38,000
114,000
2023
£
69,000
65,575
134,575

continued...

Page 34

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024

18. MOVEMENT IN FUNDS

At 1/1/24
£
Unrestricted funds
Free charitable reserve
383,451
Tangible fixed asset reserve
1,618,946
Restricted funds
Summer fair fund
-
Branding fund
-
-
TOTAL FUNDS
2,002,397
Net movement in funds, included in the above are as follows:
Unrestricted funds
Free charitable reserve
Tangible fixed asset reserve
Restricted funds
Neutering grant
Pets at Home
Summer fair fund
Food for animals
Branding fund
TOTAL FUNDS		 Net
movement
in funds
£
(201,622)
(67,347)
497
27,287
27,784
(241,185)
Incoming
resources
£
772,660
-
2,000
5,000
1,154
1,199
27,787
37,140
809,800		 Transfers
between
funds
£
(44,455)
68,406
(497)
(23,454)
(23,951)
-
Resources
expended
£
(974,282)
(67,347)
(2,000)
(5,000)
(657)
(1,199)
(500)
(9,356)
(1,050,985)		 At
31/12/24
£
137,374
1,620,005
-
3,833
3,833
1,761,212
Movement
in funds
£
(201,622)
(67,347)
-
-
497
-
27,287
27,784
(241,185)

Comparatives for movement in funds

Unrestricted funds
Free charitable reserve
Tangible fixed asset reserve
TOTAL FUNDS		 At 1/1/23
£
435,466
1,679,497
2,114,963		 Net
movement
in funds
£
(44,346)
(68,220)
(112,566)		 Transfers
between
funds
£
(7,669)
7,669
-		 At
31/12/23
£
383,451
1,618,946
2,002,397

continued...

Page 35

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024

18. 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
Neutering grant
Animal welfare
Pets at Home
TOTAL FUNDS		 Incoming
Resources
resources
expended
£
£
789,005
(832,298)
-
(68,220)
2,907
(2,907)
1,150
(1,150)
19,307
(19,307)
812,369
(923,882)		 Gains and
Movement
losses
in funds
£
£
(1,053)
(44,346)
-
(68,220)
-
-
-
-
-
-
(1,053)
(112,566)

The transfers from restricted funding relate to the capitalisation of the items of which the restriction has been satisfied for.

Animal welfare – donations received to be used to contribute towards the Charity’s vet bills.

Neutering grant – a grant received to be used to contribute towards the Charity’s vet bills.

Pets at Home – a grant received to be used towards animal welfare.

Food for animals – grant to be used towards animal feed.

Branding fund – funding received to be used towards rebranding in line with the RSPCA National Organisation.

Summer fair fund – grants received to enable marketing, sponsorship and equipment to help the Summer Fair Event be successful.

19. RELATED PARTY DISCLOSURES

During the year the Leeds and Wakefield branch made purchases from the RSPCA National Society of £16,135 (2023 £16,295). The Leeds and Wakefield branch made sales to the RSPCA National Society of £60,782 (2023 £14,385) and to the RSPCA Yorkshire Regional Board of £11,703 (2023 £25,179).

During the year the Leeds and Wakefield branch received grants from the RSCPA National Society of £28,486 and from the RSPCA Regional board of £12,965.

At 31st December 2024 the net amount owed from RSPCA National Society was £5,867 (2023 £10,771)

During the year ended 31st December 2023 an interest free loan of £190,000 was advanced to the Leeds and Wakefield branch by the RSPCA National Society. As of 31st December 2024, the outstanding amount was £125,035.

Personal trustee donations for the year amounted to £3,650 (2023: £190). The trustees provided their time to the charity at no cost.

continued...

Page 36

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024

INCOME AND ENDOWMENTS
Donations and legacies
Door to door donations
Other donations
Legacies
Grants
Other trading activities
Fundraising events
Shop 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
Insurance, light and heat
Carried forward		 2024
£
21,821
27,066
33,408
49,537
131,832
45,939
459,664
4,392
509,995
-
6,391
6,391
119,156
4,874
9,709
27,544
161,283
298
809,799
63,957
4,221
283,754
19,246
5,394
97,924
5,852
17,771
434,162		 2023
£
23,093
22,708
152,251
39,284
237,336
58,603
414,374
3,017
475,994
2,044
4,181
6,225
41,630
3,991
21,519
25,230
92,370
444
812,369
42,683
2,274
265,016
16,406
4,789
73,447
3,151
13,408
378,491

This page does not form part of the statutory financial statements

Page 37

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024

Other trading activities
Brought forward
Telephone, postage, stationery, sundries and E-bay distribution costs
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
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
Loss on sale of tangible fixed assets
Governance costs
Auditors' remuneration
Independent examination fees
Total resources expended
Net expenditure before gains and losses
Realised recognised gains and losses
Carried forward		 2024
£
434,162
65,410
12,014
6,306
1,021
518,913
-
159,570
9,407
2,894
534
15,888
2,078
3,055
55,421
26,135
649
42,632
318,263
74,213
6,872
1,852
1,075
11,215
-
24,433
2,049
24,715
(103)
146,321
-
3,350
1,050,984
(241,185)
(241,185)		 2023
£
378,491
48,952
3,197
6,857
25
437,522
1,168
151,112
7,896
2,531
516
14,512
2,071
10,337
55,752
14,013
297
43,506
302,543
73,508
6,570
1,822
630
5,123
2,689
20,061
1,869
24,714
-
136,986
230
2,750
923,882
(111,513)
(111,513)

This page does not form part of the statutory financial statements

Page 38

RSPCA LEEDS, WAKEFIELD AND DISTRICT BRANCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024

Realised recognised gains and losses
Brought forward
Realised gains/(losses) on fixed asset investments
Net expenditure		 2024
£
(241,185)
-
(241,185)		 2023
£
(111,513)
(1,053)
(112,566)

This page does not form part of the statutory financial statements

Page 39