RSPCA PRESTON & DISTRICT BRANCH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Charity reglslratlon number 23¥256 (England and Wales) RSPCA PRESTON & DISTRICT BRANCH LEGALAND ADMINISTRATIVE INFORMATION Trustees Mr P Baxter Mr M TDmlln80n Mr P Dr8ycoII Charlty number 232256 Independent examlner Champlon TLL LlmSled 7-9 Slallon Road He5kelh Bank Preston LaE)cashlre PR4 6SN RSPCA PRESTON & DISTRICT BRANCH CONTENTS Pagg Truslees, report Independent examlneT'S report Slatemenl of financlal aclivlllèy Balance sheet Notes lo the financlal slalemenl8 8-17 RSPCA PRESTON & DISTRICT BRANCH TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Iru818es pro8enl Ihelr annual report and Ilnanclal slalemenls for the year ènded 31 December 2023. The linanclal slalemenls have b8en prnpa¥ed In a¢¢ord8ncg wllh the 8c¢ounllng pollcles sel In note 1 lo lh& Ilnanclal slatemenls and comply with Ihe charily's Igoverning documenll, the Charitie8 Act 2011 and "Accounting and Reporling by Chailli8s'. Slatemenl ol Recommènded Pr8ellce appllcable lo charilles PTeparlng Ihelr accounts Sn accordanc8 wllh the Financlal R8POrtlng Sl8nd8td 8ppllc8ble In tho UK antl Rgpubllc of Ir6land IFRS 1021. (offecllve 1 January 20191. Oblp¢tlv#s and acllvltl&s Th& objeclSv6s ol the Branch are lo to PTomole the work and oblecls of the Soclety lo promole klndness and lo prevent OF 8uppre88 cruelty lo anlmals, by pll lawful moans, wllh partlcular reference lo the area of the Bran¢h. In accordance wllh Ihe policles of lh8 Socleiy. Publle bèn•flt The Truste85 have revlewed th& outcomès and 8chlévèmenls ol our obl8¢tlv8s and actlvlllès lor the yèar, to ènsurè Ihal they remaln locused on our charllable aims, and contlnue lo dellver benefits lo the publc. We have complied w5lh Ihe duty under the Charllles Act 2006 lo have duè regèrd lo publlc benèfit guldancè publlshed by the commisslori. Under the Charilles Act 2011, Ihe advancement ol anlmal welfare Is recognlsed as 8 dlstlnct $talulory chgrllabl8 purp058. Th¢ legislation and lh8 Anlmal Welfarg Act ol the samg year Indicate an acceptance by society that Ireallng livlng crealuTe5 with compasslon ha$ a moral ben$lS1 lor Ihe publ1¢ as a whole. The Branch's animal we51are Work. allhouoh local in nature. benefits sodely al large. and a150 alms lo help people In need wilh the care ol Ihglr anlmals. The followlng secllon ol Ihls report hlghllghls Ihe Branch's maln aetlvllles and demonslrales the benelS1 wovlded lo the public. All our charitable aclivilles. as descrlbed In more dglall In Ihe followlng paragraphs of Ihls Teport. locus on prornollng klndness and preventing or suppresslng cwally to anlmals, and are undertaken lo furlher these purpose8 for the public b8nefil. The Trustees have considered the Charfly Commlsslon gLtidance regarding public b8nefil and ar8 8all81ied Ihal the Charlly has mel the requirements as described wilhln Ihls repDrt. The Ituslees have pald duè regard lo guld8nea lgsuéd by lh8 Charlly Commlsslon In d8cldlng what actlvlllès th8 eharlly should undertake. RSPCA PRESTON & DISTRICT BRANCH TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Achlevements and pÈrftsrmanc& Charllabl• Actlvlllas In 2023 8 lolal of 136 anlmals were admlllod148 dogs, 88 cats). Th8 Branch prlorfllsed the Intakè of the mosl vulnerable animals re8cuetJ by the RSPCA inspeGlorale187fj10 of iolal admisslonsl. Durlng the yeaT 111 anlmals wèrè relK)med136 dogs. 75 cat81- Th6 TriJst8es would Ilke lo thank thè anlm81 centrÈ slaff and volunteers lor Ihelr hard work and dedlcalion throug￿)ut the year. The Bran¢h has supported local R8PCA offlcers by 8ub$ldlslny velerlnary Irealmenl, vacclnallon and neutering for pets within Ihe Branch area. whose owners sumer financial diftIcullies. The Soclelys officers la$ w811 as provldlng 8ducallon, Informallon and advlcèl rescuè anlmals In dl$lre$g 8nd ènfoT¢g law$ agalnsl Ihe rnlslrealmenl ol animals In England and Wales by bringlng PT05eculions. Thls work is key lo 'Ihe prevenllon or suppresslon of cruelly, parl ol the RSPCA owects and promotes humane senllmenls towards animals whlch Involve moral b8neffl lo humanklnd a5 a whole. We also provld9 Subsldlsed neulerh)g and mlcroch1p￿rv of companlon anlmals for those in the Branch aTea on low Incomes. Thls work helps lo control anlmal populations and benefits Ihose on means tested benefilg by glvlng Ihem flnanclal help to neuter and mlcrochlp Ihelr pels, thereby helplng Ih8m lo meet legal requlremenls ar￿ promling responslble pel ownership. In 2023 4 anlmals owned by indfvlduals received subsid188d velerlnary Ir8atment. We ofler free pel care advlce lo the publlc and respond lo enqulrf¥s about animals locally. We al80 help lo reunite owners wilh1031 ￿18. The public benefits through Ihe PTomollon of responsiblp pel ownershlp. Wllhln Iho terms of our QOVeTnlng th)¢uin8nl, we Support the Nallonal RSPCA and other RSPCA branches. The Bronch is indeble¢J lo th8 many volunteers who support the Branch. We provlde volunle&ring opportunllles lor those who wlsh lo support our work Inclltdlng In the branch chailty shops and anlmal contre, homÈ vlslllng 8nd fundraislng. Thls bènéfits local pèople by providlng thè opportunlly lo make a dlfFerence. find purpose. make Irlends. reduce Isolallon. conn8Ct wllh their communlly and strengthen Ihelr CVS lo impiovg émploymènt opporiun5tlè8. Wllhoul Ihosg volunlogrs tho BMn¢h would ntsl be ablo lo undortakg the amount of anlmal welfare cuirenlly achleved. During 2023 the Branch was supported by rellable skilled help from aboul 76 acuve volunleers 125 al thè Animal Cenlfe and 51 al the Shops}. whose donallon ol Ihelr sklls and Ilme have a value worlh many thousands ol poundg. Fundralslng actlvltles The Branch ha5 Ihr80 Ghailly shop5 In Chprloy. Longridgo and Penworth8m. The Branch's animal welfare activities are supported by the chartly shops. whlch rema￿ Ihe most Imporlanl souroe ol regular income foi the 8ranch. The Trusle6s Bie gialeful lo Clalre Bradly Rugsèll. th& Brantth managèr and to 811 Ihe retail colleagues and shop volunleors for Ihelr conllnued hard work In SUp￿tIng Ihe Branch. We are also Indebted lo the generoslly ol loc81 people who donate goods end shop wllh us. The Branch would also Ilke lo thank Ihe 81ores 8UP8fmarke18 that faullilal8 In.slore pel food collection pofnls. Including Pets al Home. Morrisons. Sainsburys. Superpel Warehouse. Tesco and Pound Slr&leher. We 8180 ha￿ collecllon Ilns In a number ol locallons acro8$ the branch area. The Tru8leès are very grateful lor the tremendous support from th8 local community. whu v(Aunteer Iheir tlm8 and donale lo Ihe Ixanch. allowing us lo continue lo help anlmals In need In the Branch area. RSPCA PRESTON & DISTRICT BRANCH TRUSTEES. REPORT (CONTINUED> FOR THE YEAR ENDED 31 DECEMBER 2023 Flnanclal revlgw The lolal incoming resourcgs for th& y&ar amounl&d lo £456,279 12022.. £713,333} Includlng lggacles of £78.26912022.' £293.3161. Expendllura In th8 y8ar amounted lo £533,956 {2022'. £5fj2,9671. Thls resulted In a dellcll for the year of £77,677(2022'. Surplu8 £200.3661- The branch holds resgNes in Order that Ihe servlce level provldgd for anlmal welfare Is malnlained should Iherg be a reduotlon In Incomlng resources. ReseNes In Ihbs conlexl means funds that ore freely avallauè for th8 Branch's geneial purposes after all commlimenls have been mel. The Iruslees have egtabllshed a pollw ol holdiwvJ reseNes of unreslrfeled lundg Gqulvalenl to onè yèaV$ oxpendllure, ¢UTr&nlly Ihls is approximately £535,000 Ibgsvd on 2023 gxpendilure levels). Al 31st December 2023 tha branch had general reservos of £519,533. Flnanclal St4blllly The Tru8lees wlll ensure that the Branch conllnues lo have slrong managwnenl to meèt tlnanclal challenges and lo ensure that Ihe Branch remalns linanclAlly vlablè. Wllh a focus on: Ellmlnallng waste and unnecessory expendllure Exploring opporluni116s lo opèn nèw shop$ wlth pc*enllal lo increase revenue ImplementallL)n, il viab18 01 glft aid in all shops Stream1inlng regular glvlng piocéssès Invaslment pollcy The Irusl8as have madè Ihe de¢lsioft not lo Invest in stocks and sharos on Iho b88Is that Ihero are insufliclenl reserves that can be sel askje for several years as stocks and shares are a long term investment. Reserve3 are Iherefore kept as cash on deposll. Thls pollcy18 r8vlewed on an annual basls. Rlsk managemont The twsl8qs hav9 a duly lo Identify rlsk8 and Tevlew the rlsks lo whlch the charlly Is exposed and lo ensur appiopilalfj controls are In place lo provlde reasonable assurance 8galnst fraud and 8rror. Tho Iw51eo9 acllvoly rovlw the ma￿r rlsk8 whlch the charlty faces on 8 r8gul8r basls through regular meeliv¥J of the Iruslees whlch cover operallon81 Bnd fin8ncS81 ravlèws. Tho Iruslees also examlng other op¢rollonal and buslness risks whlch Ihg branch lace and conflrm Ihal Ihey have establlshed systems lo mlligat8 the slgnificanl rfsks. Plans for futuro pèriods The branch. having been relurned lo an effective management and flnandal poslllon now looklng lo recrull bcal Irusle&s lo lak¢ ovor the long-l&mi control of the ¢harity. To continue to Tehabllllalg and rehome dogs Ond cals, prlorill$lng anlmals m051 in need Irom Ihe Inspeclorale. - To conslder develop￿9 additional animal accommodallon al the anlmBI eenlre. To conlinue lo dellver and develop cur provlslon ol subsldls8d anln7al veteTlnary Irealmenl To further d&velop our ¢harlly shops, oapacily and perfomianc8 lo maxlmlsè Incomts and to 8UPPOrt the Branch activllie8. structurè. governancB and management The Preston and Dlslriol Branch is an unincorporaled charltablè a88oclallon and a separately reglslered branoh of Ihe RSPCA. c2rrylng oul Ils dlreel anlmal w&ll8rè work In the branch area. The br8nch Is gove¥ne(I by the RSPCA branch rul88 and Is re8PDnsible for raislng ils own funds. RSPCA PRESTON & DISTRICT BRANCH TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Tho trustees who served dunno th8 year and up to Ihè dale ol slgnalure ol the l)nanclal slalemenls were.- Mr P Baxler Mr M Tomllnson Mr P Oraycoti None ol the Iruslees has any benell¢lal Intare$l In the company. All of the twslefjs are members of Ihe company and guarantee to contflbul8 £1 in th8 evenl ol a wSndlng up. The Trustè• Body Since the reslgnatlon of th8 malorlly ol the bTanch Iruslees in ApTII 2018 thè affalrs of the Branch have b&en managèd by Ihre? tern￿rary trustees appolnlod by the nallonal RSPCA. Organlgatlonal slruclure The Sodoty for the Prgvenlion of Cfuelty loAnlm81s wa¥ founded on 18th June 1824 and ur8nled Ihe°Royal" rxeflx by Queon Vlclorfa In 1840. The currenl constltullon of th8 RSPCA was created wllh the adopllon of the Royal Soclety for the Prevenllon ol Cruelly lo Anlmals Act 1932. Ihe work ol the Society Is govemed by the RSPCA Act and by th8 Tules of the s(￿Iety. Membershlp ol lh8 Soclaty Is by subscription. Thg soclety Is managed by an elected Council whlch. subject lo lh8 rul88, conliol the affalrs, lunds. property aw¥J pToceedings of Ihe Soc181y. Thèy orè a$51sled in the adminislf81ion of Ihe Soclety by a cenlrgl organlsallon. headquartèrs and branthès. Tha Branch Is ¢urrenlly governed by Ihree temporary Twslees of Ihe Branch. appolnted by tho RSPCA Council. Thoy havo Indivldual and cdleGtive responslblllly lor the manag8menl ol the Branch and Ils lurlds. Sublecl lo overall superviston of the knlely, th& Truste$$ control and monllor all Iho fundialslng and anlmal w8lfwg work ol the Branch. Th& Trusl88s hold règular meetings al which dedslons are made whue day lo doy runnlng of the anltnal centre Is (lelegaled lo the centre manager Ihg RSPCA Branch Support Speclallsl. The day lo day runnlng of Ihe charfly shops Is delegated lo the Branch m8nager. Th8 Triislees are supported In runnlng Ihg Branch by the Branch Partn&rship Manager, who is emplDyed by the Soclety. th6 pald employ0￿ of Ihe Branch and a team ol voluntéers lo whom the Branch 15 extremely graleful lor Ihelr commilment and dedlcallon. The tru s, report was approved by th8 BoaTd ol Trug1¢08. Mr P Draycoti Tru$l•8 Dale.. RSPCA PRESTON & DISTRICT BRANCH INDEPENDENT EXAMINER'S REPORT TOTHE TRUSTEES OF RSPCAPRESTON & DISTRICT BRANCH I report lo the Iruslees on my examlnation of tho flnanclal 8talemen18 of RSPCA Pfeslon & Dlslrlct Branch Ilhe charllyl for the year ended 31 December 2023. Rèsponslblllllgs and bas18 of rèport As the trusleès of Ihe charlly you are responslble lor the preparatlon of the nnonolal slalements in a¢cordanca wlth the TequiTemenls ol Ihe Charilies Act 2011 Ilhe 2011 Acll. I report In respèci of my examinallon of the ¢harllys financlal slalemenls carrled out under section 145 of the 2011 Act. In carrylng oul my examlnatlon I have followed all Ihe appllcab18 Dlrectlons glven by th@ Chailly Commlsslon under s8ctlon 1451SXbl of th6 2011 Acl. Independ¥nt ex8mlnÈr'# statèmonl Slnce the charity's gross income exceelled £250,000 your examlner musl be a member ol a body listed In secl¢on 145 of the 2011 Act. I confirm Ihal l am qualified to undertake the examlnallon because l am a m&mber ol ICAEW, whlch Is one of iha Ilsled bodlBs. Your allenth)n18 drawn lo thè facl Ihal Iha ch8rlty has prapargd Ilnan¢lal stalemanls In accordance wllh Ac¢ounllng and Reportlng by Charllies preparing their accounts In accordance wllh the Financlal Reporilng Standar(J appllcable In Ihe UK and Republlc of Ireland {FRS 1021 Sn preference to the A¢¢ounllng and Reportlng by Charilles.. Slalgmenl of Recornmended Practice issued on 1 Aprll 2005 whlch Is refèrred lo In the exlanl regulati￿S bul has now been wSlhdrawn. l undetsland Ihal Ihls has been done Ir) order for finallclal slalemenls lo provide a true and lair vlew In accordance wllh GeneraltyAecepled Accounllng Pracllce effecllve for ieportlng peylods beglnnlng on OT aftor 1 January 2015. I have completed my oxamIna￿On. l ¢onfjrm Ih8t no mallers have como lo my 8118nlion In ¢onn8¢llon wllh lh8 examlnalion olving me cause lo belleve Ihal in any material respect.. accounting recoTds were not kepl in respect of Ihe charity as required by sedion 130 of the 2011 Acl: or Ihe nnandal slalements do nol accord wllh those records.. or Ihe flnancla statements do not comply wllh the applicable requlremenls concernlng the fomi and content of accounts 591 otsl In the Charllles (Accounts and R8portsl Regulallons 2008 olh8r than any requirement Ihal the accounts glve a true and lair Vl8w whlch Is nol a maller considered as parl ol an Independent examination. I have no concems and have come across no olher malleTS in connecllon wlth the examinBilon to whlch allentlon should be drawn in Ihls report In order lo enable a proper undeislandlng of Ihe flnRnclal slal8m8nls lo b8 r6ached. Ch• lon TLL LlmltèKI P Buck FCA, DChA 7-9 Stallon Road Heskelh Bank Preston Lancashire PR4 6SN Daled.. RSPCA PRESTON & DISTRICT BRANCH STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Unr8slrlclad Unr8slrlctèd fund fund g8n8ral dgslgnatèd 2023 2023 Total UnrÉxtrleted Unrestrlctod funds funds general deslgnated 2022 2022 Total 2023 2022 Notes Incom8 and endowmenl¥ from: Donallons and lègaclès Charitable acllvilles Olher trading activllles IrNeslmenls Other income 142,308 207,219 20 2,511 4,221 142,308 307.219 20 2,511 4,221 437.274 275,42 437.274 275,420 527 112 527 112 Total Incom 466,279 456.279 713,333 713,333 Expendllure on.. RalsStTrJ funds Char118ble BcllvSlles 180,171 326,189 180,171 353,785 167,682 318,638 187,882 345,285 27.596 26,647 Total èxpendliure 506,360 27,596 533,956 486,320 26.647 512.967 N8t lneom0118x￿ndItUr0l (50,0811 127,5961 177,677) 227,013 {28.6471 200.368 Transfers b8twe8n lunds 15001 500 Not movèmont ID fund$ 150,581) 127,0961 177,6771 227,013 (26,6471 200.366 Re¢on¢lllAllon of fund$: Fund balances al 1 January 2023 670.116 654,753 1,224.889 343.103 681,400 1,024,503 Fund balances at 31 D8c8mb8r 2023 519,535 627,657 1,147,192 570,116 654,753 1.224,869 The slatemenl of flnan¢lal acllvllles Includes all galns and108868 Tecogn188d In the year. All Income and expendllure d811ve from continuing acl¢vili88. RSPCA PRESTON & DISTRICT BRANCH BALANCE SHEET ASAT 31 DECEMBER 2023 2023 2022 Notos Flxed assets Tanglble assets 14 627,657 654,753 Current assots Stocks Debtors Cash at bank and In hand 15 200 24,9SO 516,991 200 116.782 467,474 542,141 584,456 Credltors: amount8 lalllng dua wllhln one year 17 22.606 14,340 Nel curienl assets 519.S35 570.116 Total ass8ts 18ss currant Ilabllltlgs 1,147,192 1,224,869 Th8 funds of tho charlly Unreslrlcled lund$ - genoral Unre811Soled lundg. des￿nated 519,535 627,657 570.118 654,753 18 1,147,192 1,224,869 Th ndal slalemenls wera approved by the Irusl0&8 ori ........ MT P Draycoll Tiustee RSPCA PRESTON & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng pgllcl&¥ Charlty Informatlon RSPCA Preston & Dlslrlcl Branch ly 8 publlc benelll fjnlily under FRS 102. 1.1 Accountlng conventlon The Ilnan¢lal slalemenls hav8 bean prèpared In accordan¢e ¥￿th the charllls govemlng document, the Charllles Act 2011, FRS 102 °The Flnanclal Reporting Standard applScable In the UK and RepublSc Df Ireland" I'FRS 102.1 and the Charllltrs 80RP "A¢¢ountlng and Reporting by ChaAlle8- Slalewnenl ol Recommended Practi￿ applicable lo chaTilies preparlng their accounts in accordance wllh the Flnandal Reporllng Slanddrd appllcable In the UK and R¢publl¢ DI Ireland IFRS 1021. leff8cllvo 1 January 20191. The charlty 18 a Public Benelll Enlily as defined by FRS 102. The charity has laken advantage of Ihg provl8lDns In tho SORP for charill98 not lo PTepare a Statement of Cash Flows. The Ilnanclal slalemenls have departed from Ihg Charlties IAccounls and Reports} Regul8llons 2(x18 only I thè èxlènl r8qulr8d lo provld8 a truè and falr v18w. Th1$ dèpariure ha$ Involved followlng the Slalemenl of Recommended Praotlce lor charlties applylng FRS 102 ralhar than Ihe verslon ol th& Statement of RecommandÈd Pracllcè whleh Is refèrred trj In th& Regulalk)ng but whl¢h has sln¢e wllhdravm. Tho ffln8nclal slatements are prepared In slerflng, whlch Is th8 funcllonal cuiron¢y of thè charlty. Monetary aMo￿lS In these finandal 31atem8nts aTg rouThJed to Ihe nearest £. The fin&nclal sialemenls have been prepared under Ihe hlslorical cost aonvenllon. The prfncipal accounlkno pollcles adopled are $91 out bg19w. 1.2 Golng concern Al the Ilme ol approvlng Ihe 11nanclal slalèmenl8, Ihe Iru¥lees have a reasonablo expeclatlon Ihal charlty has adequate resources lo conlinue in operational exislence for the foreseeable lulu¥e. Thus Ihe trusle8S conlinue lo adopt the gDlng concern basls of a¢¢ounllng in preparlng the flnanclal slalemenls. 1.3 Charllable funds Unreslricled fun¢l8 are available for u8e al the dlscrelion of lh8 trustees In furtherance ol Ihelr charfl&ble oblectlves. Reslrfcled fund8 $ubl8cI tr) gp8¢1fi¢ condlllon9 by donors or grantors as lo how they niay be used. The purposes and vses ol the restvkled funds are set out In Ihe notes lo the flnanclal 51atemenls. Endowm8nl fund8 are sublect to sp8clflc cond1ll0r￿ by donor8 that the capital mLFSt be malnlalned by the charily. 1.4 Ineome In¢oma Is re¢ognised when the ¢harily Is ltrg811y gn1511ed lo11 after any performance condllions have been mal. the amounts can be measured rellBbly, and il Is probable that Incomo YAII b8 r8celv8d. Cash don8llon$ are reeoynlsed on YeceSpl. Other donallon8 r8¢ognlsed once the ¢harfly ha8 bean notlfled of (he donalton. unless perforfflance condillons requlre deferral of the amounl. Income lax ￿ coverabl¢ in le1glE￿ lo donallon5 recelved under GIIIASd or daeds ol ¢ovonanl Is iecogn189d al the limg ol the donation. Legades are re¢ognlsed on receipt or olherwlse il the chailly has been notlfled ol an Impendlng dlslrlbutlon, the amounl is known, and recelpt Is @xpecled. 11 thè amount Is not kn(bwn, th¥ ltrgacy Is Iiealed as a eonllngant assèt. RSPCA PRESTON & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng PDllcloS leontlnuèd} 1.5 Expendlture Exp&nd5ture Is raci)gnlgad one8 th&rè Is 8 18081 or construcllvè obllgallon lo Irar)sl8r economlc benelli lo a Ihlrd party,1118 probable Ihal a transfer ol economlc beneflls wlll b8 requlred In setllement, and Ihe amount of Ihe obligallon can be mgasuyed reliably. Expenditure Is classified by activity. The costs ol each acllvily are made up ol ihe lotol of dlrecl costs and sh8r8d costs, Includlno support cosis InVO￿&d In undÉrtaklng each aellvlly. Dlrecl costs allrlbulable lo a sir)gle acllvily are allo¢aled directly lo that actlvlly. Shared costs whlch contribute lo more Ihan one actlvlty and supporl cosls whlch are not allrlbulBble to a slngle ac15vily are &pportloned bolween Ihoso actlvllles on a basis cohsislenl wllh the use of resources. Central slaff costs are allocated on Ihe basls of Ilme spent, and depreciation charges are allocaled on the podlon ol the agsel's use. 1.6 Tanglble fSxed assgls Tangiblg fixed assets are Irb111811y measured al cosl and 8ubsequenlly m&asured al cost or valuallon. net ol depreclallon 8nd any Impalrmenl losses. Dèprèclatlon Is re¢ognlg8d so a8 lo wrlle off Ihe cost or valuallon of 88sèls less Ihelr rèstdual values ovèr thelr useful lives on the foslowing bases: Frephold properly Equipment Computer equlpm8nl Motor vehlcles 5% on c081 25QA on cosl 33% on cost 250A on reduclng balanc Thè oaln or loss arlslng on th8 dlsposal of an assÈl18 tlÈltrrmlnèd as the dlfferefice belween th8 sale proceeds and Ihe carying value ol the asset, an($ is recognised In the slalemenl of flnanclal actlvllles. 1.7 Impalrmgnt gf flx¥d a$¥gts Al each reportlng end dale, lh& eharlly ravlews the carrylng amounts of 11$ langlblo as5els to delermlne wh8lher thei8 Is any indi¢at4on that Ihose assels have suffered an Impalmignl loss. If any such Intjlcalkin &xisls, the recoverable amount ol the assel Is estim&ted In order lo delertnlng Ihg exlgnl of the impairment loss Ilf any). 1.8 stocks Stocks are slated al thè lower o( cosl and estlmaled selllny prlce less cosls to complete and so11. Cost ¢omprlses dlrecl maleilals arKJ, whero appll¢able, dlrecl laboui ws15 and those overheads that have been )curred in brlnglng the stocks lo iheir present localion and condillon. Items held for dlslrfbullon al no or nomlnal conslderallon measured the lower ol replacempnl cost and cost. Nel r89li8able v8lu8 is Ihe èBlimal8d sÈlllng prlce less all eslSmate(I costs of complellon costs lo be Incurred in mark8ting, selling and dlslrÈbLslion. 1.9 Cash and cash equlvalonts Cash and cash equivalents include cash In hand. deposSls held at co11 wllh banks, ot￿r short-lÈrm llquid Inveglmèn(s wllh orfglnal mAlurltl69 of Ihiee months or18s8, and b&nk ovèrdr8lls. Bank overdrafls Bre shown within borrowlngs Sn current liabilities. RSPCA PRESTON & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng pollcles Icontlnuedl 1.10 Flnanclal Instruments The charity has eleoled to apply the provlslons of Sectlon 11 'Baslc Flnanclal In8trum8nls' and Sècllon 12 'Olher FSnanclal Inslrumenl81sgues' of FRS 102 to all of ils financlal Inslrumenls. Financial Instruments are recognised In the charllgs balonce shèet wh8n Ihe charlly bècomes party to the Cgnlrns and glfls Legacles rg¢èiv8ble Grant3 41.055 78.269 22.984 101,741 293,318 42,217 142,308 437,274 Gran18 recelvable for core aGtlvltle8 RSPCA- Door lo Door Grant 22,984 42,217 22,984 42217 Income from charltablfr actlvllles Unrestrlele¢t funds 2023 Unre$lrlGt8d funds 2022 Anlmal Gonlro Sale of goods 272,495 206,296 Anlmal cllntc and wellare Servlces pro¥kJed under conlrBct 34,724 69.124 307.219 275.420 Income from other tradlng actlvltle8 Unr8strlct•d Unroxlrl¢ted fund5 funds 2023 2022 Fundra131ng ovgnls 20 11 RSPCA PRESTON & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Incomè from Invéstmènts Unre3lrlctod Unrestrlcled funds funds 2023 2022 Inlgra81 rocelvable 2.511 527 Other Income Unre8trlctod Unrè8trlctod funds funds 2Q23 2022 Other Income 4,221 112 Expendlture on ralslng fund¥ Unreslrlcted Unresfrlcled funds funds 2023 2022 Fundyalslng and publlclly other fundTa181ng cos18 Slaff costs Support costs 165 100.628 24.313 40D 96,473 23,069 125,108 118,942 Tradlng costs Operallng charSly shops 55,065 48,740 Total costs 180,171 167.682 12. RSPCA PRESTON & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Expondltur8 on charltab18 acllvltlès Anlmal centre 2023 Anlmal c•ntrè 2022 Dlrect costs staff oosts Depreciation and Impalrmenl Dlrecl costs 177.949 27.596 86.479 171,666 26,647 87.363 292,024 285.676 Share of support and govèrnan¢e cost81$g8 nots 101 Support Governance 43,898 17,863 41,652 17,957 3S3,785 345,285 AnalyÈl8 by fund Unreslricled funds- generdl Unre8ltlcled funds- designated 326.189 27,596 318,638 26,647 353,785 345,28S 10 Support costs allocated to actlvllles 2023 2022 Staff costs Governance costs 68,211 17.863 64,721 17,957 86.074 82,678 Analys8d bètw80n: Fundr8lslng Anlmal cpnlre 24.313 61,761 23,069 59,609 86,074 82.678 11 Trustees NDne ol Ihe trustees (or any pe¥80ns connected ￿th them) recelved any remun8ratlon or bgneflls from Ihe charlty (lurtng the ￿ar. 13- RSPCA PRESTON & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 12 Employees The average monthly number o18rnploye85 durlng thè y8ar was.. 2023 Number 2022 Numbar Charllablg acllvlt4es Income generallon Total 23 23 Employmant Costs 2023 2022 Wagès and salarle8 346,788 331,860 Th&re wer& no employees whose annual ￿m￿neratIOn was more Ihan £60,000. 13 Taxxtlon The charity is exempl from laxallon on Ils acllvllles because all ils In¢omg18 applled for Charllable purposes. 14 Tanglble flxed assels FrBehold proy8rty Equlpmpnt ¢ompuler qulpmgnt Motor vehlclgs Total Cost Al l January 2023 Addllions 964.178 43.147 500 2.529 14,119 1,043,973 500 Al 31 December 2023 984.178 43,647 2,529 14,119 1,044.473 Depre¢l8llon and Impalrm&nt Al 1 January 2023 Depreclallon charged In th¢ year 338,411 23,412 34,719 3,744 2,162 356 13.928 84 389.220 27,596 Al 31 0￿mbar 2023 361,823 38,463 2.518 14,012 416,816 Carrylng amount At 31 Decembèr 2023 622.355 5,184 107 627,657 Al 31 Decembor 2022 645,767 8,428 367 191 fj54,753 IS Sto¢ks 2023 2022 Flnl8h8d go￿18 g(x)ds for ￿sale 200 200 14- RSPCA PRESTON & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 16 Dèbtors 2023 2022 Amounts falllng dug wllhln one yèar: Trade debtors OlhBr debtors Prepaymgnts and accrued Income 11,531 8,619 4.800 11,069 102.320 3,393 24,950 116,782 17 Credltors., amounts falllng due wllhln one year 2023 2022 Other laxallon and soclal security Trade creditor8 Other crediloys Accruals and delerred income 1.780 13.627 1233 5.966 1.780 7.417 853 4.290 22,606 14,340 18 Unrastrlcted funds - doslgnatgd Theso are unreslfl¢ted funds whlch ale materlal lo Ihe charlty's aellvlllès. At 1 January Rgsourcps 2023 oxpend8d Transfers At31 Decomber 2023 654,753 127,5981 500 627,657 Pr¥vlous yèar., At 1 Jonuary Rè$ourc•s 2022 èxp¥nded Transfers At31 December 2022 681,400 (26,6471 654,753 The balance on deslgnaled funds relates lo the nel book value of flxed assets whlch. although av8118bl8 for gènÉral reprègenls money already spent ¢>n nxed a88èÉ8 8nd ar8 not Ilquld funds. 15. RSPCA PRESTON & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 19 Unre$tri¢ted funds The unreslrlcled funds ol Ihe charlly ¢omprfs9 the un8xpended balances of don8llon8 and grants whl¢h ar not sublecl to $pecSfic ¢ondltions by ¢Jonors and granlors as to how thèy may ba used. These Include deslgnaled lurKls whlch have been sel asldg oul of unre81ricled funds by the Irusteeg loi speclfl¢ purwsgs. Al 1 January 2023 Ineomlng Resources resources èxpendèd Transfers At31 December 2023 General funds 570,116 456,279 1506,360 15001 519,535 Prevlous year.. At 1 January 2022 Incomlng Resourcas resourc08 8xpènd8d Transfers At31 Decemb8T 2022 Genoral fund8 343,103 713,333 1486,3201 570,116 2Q Analys15 of net q$sets botwggn funds Unrèstrlcted Unrestrlcted fund8 funds g¢n8rDI Deslgnated 2023 2023 Total 2023 Fund balances at 31 Decombor 2023 arn roprgsented by,. Tanglb18 assets Current asselsl(IlaL¥llllesl 627.667 627,657 519,535 519,535 519,535 627,657 1,147,192 Unr85tTlcled Unrestrlcled funds funds general Doslgnated 2022 2022 Total 2022 Fund bolancès at 3108cember 2022 are ropr8Sgnt•d by: Tanglble assets Cuirenl asselsllllabllitie51 654,753 654,753 570,116 570.116 570.116 654,753 1.224,869 18. RSPCA PRESTON & DISTRICT BRANCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 21 Related party transactlons Durfng the year as part of Ihe branch legacy schen￿, nel legacle8 of £78,26912022..£293.3161 were received from Ihè RSPCA Nallonal Soclety. arter charging a percenlage commlsslon lor 8dmlnislr8tlon on beh811 of the Branch. A grant of £22,98412022'.£42,217} was received during the year from the RSPCA Nallon81 Soctety. In addllion, durlng (he year and In the normal course of buslness. the Branch r8eelvèd sw)dry Incomè from and InCLt￿ed expenditure lo the RSPCA Nallonal Soclely. 17-