OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-12-31-accounts

Registered charity number: 242560

Report of the Trustees’ and Annual Report and Consolidated Accounts for the year ended 31 December 2024 for The Leicester and Leicestershire Animal Aid Association

The Rowleys Partnership Limited Statutory Auditors Chartered Accountants Charnwood House Harcourt Way Meridian Business Park Leicester LE19 1WP

The Leicester & Leicestershire Animal Aid Association Contents of the Annual Report For the year ended 31 December 2024

Page
Trustees Report 1
Report of Independent Auditors 19
Consolidated statement of financial activities 23
Consolidated balance sheet 24
Charity balance sheet 25
Consolidated Statement of cash flows 26
Notes to the accounts 27

The Leicester & Leicestershire Animal Aid Association

Trustees’ Report For the year ended 31 December 2024

Reference and Administrative Information

Charity number 242560

Name by which the charity is also known Leicester Animal Aid

Principal Office Elmwood Farm, Forest Road, Huncote, Leicestershire LE9 3LE

Trustees Dana Newcombe, Chair Anabel McDougall, Secretary Luke Collett, Treasurer Robin Arnold Jess Bostock Kevan Kirby Phoebe H I Skarlatos (Appointed 25 April 2024)

General Manager Keely Furborough

Auditors The Rowleys Partnership Ltd, Chartered Accountants
Charnwood House, Harcourt Way, Meridian Business Park,
Leicester, LE19 1WP
Solicitors Shakespeare Martineau LLP
One Colton Square, Leicester LE1 1QH
Financial Advisors Optimum Path Financial Planning Ltd
4 Brook Park, Gaddesby Lane, Rearsby,
Leicestershire LE7 4ZB
Bankers Lloyds Bank plc
SME Client Services, Orchard House, Orchard Hill, Little B
Northampton NN3 9AG

An agreement was made to the transfer of assets and activities upon the incorporation of The Leicester and Leicestershire Animal Aid Association a charitable incorporated organisation (CIO) with the similar objectives to the Trust registered with Charity Commission with charity number 1208254 whose address is Leicester Animal Aid, Elmwood Farm, Huncote, Leicester, LE9 3LE (the CIO) on 31 March 2025.

The Leicester & Leicestershire Animal Aid Association

Trustees’ Report For the year ended 31 December 2024

Introduction

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and 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 published in October 2019 .

Our Vision

The guiding vision of LAA is happy pets in responsible, loving homes and to this end we serve the public by providing a second chance for hundreds of unwanted, abandoned, lost, stray or neglected domestic animals.

Objectives

“The objects of the Association are to collect sums of money for the purpose of acquiring from all sources and protecting and caring for lost, stray and unwanted domestic animals, accommodating, feeding, training, providing veterinary services for and otherwise caring for and promoting the welfare of such animals generally and the placing of such animals in suitable homes.”

Our primary animal welfare objective for 2025 is to continue to develop and improve the quality of the care we provide and to strengthen the service we give to the public.

Our primary financial objective for 2025 is to ensure that the charity operates on a sound commercial basis, therefore securing the future of LAA and the welfare of the cats and dogs in our care.

Our Purpose

2

The Leicester & Leicestershire Animal Aid Association Trustees’ Report For the year ended 31 December 2024

How we achieve our objectives

Public Benefit

Leicester Animal Aid seeks to deliver public benefit by helping to ensure that local communities do not have to deal with unwanted dogs or cats and promote and support responsible pet ownership. In addition to the public benefit of fewer stray animals on the street we believe that our activities support and educate local people to enjoy the great benefits of happy and safe pet ownership, which in turn promotes proven health benefits.

These benefits are delivered directly to the public through the following activities:

3

The Leicester & Leicestershire Animal Aid Association

Trustees’ Report For the year ended 31 December 2024

Public Benefit (continue)

Activities and Fundraising

Our Fundraising Team has put in place a comprehensive strategy to better structure our fund-raising and volunteer programme by:-

Volunteers

LAA could not exist without the help and support provided by volunteers too numerous to mention individually. We thank you all for your selfless contribution to the well-being of the charity and for your support in what we are trying to achieve by giving freely of their time. For example, the foster-carers, shop and sale volunteers, donated goods sorters, Kennel and cattery helpers, receptionists, gardeners, site maintainers, supermarket collectors, trustees and many other volunteers.

Examples of fundraisers

By donating

4

Trustees’ Report For the year ended 31 December 2024

The Leicester & Leicestershire Animal Aid Association

Ambassador Barrie Steven

Local entrepreneur Barrie Stephen became an ambassador for LAA in 2019. A dedicated fundraiser, big animal lover and a well-respected member of the local business community, Barrie with PA Chelsea Read, family, friends and colleagues in Barrie’s Salons have raised £3,000.00 in 2024 by organising a sponsored dog walk and held a supper club at the Tithe Barn, hosted a CPSS party where he spent time talking to the clients before calling the bingo, supplied tombola prizes and encouraged other corporate and private donations and in the last 5 years has raised over £23,000.

Corporate Supporters – it’s not all about direct donations. Giving the gift of time and skills sharing has been incredibly useful to us too

5

Trustees’ Report For the year ended 31 December 2024

The Leicester & Leicestershire Animal Aid Association

DK Guitars (a local guitar maker) raised £400.00 from the sale of a custom-made guitar on Facebook.

Our own Family Fun Day raised just short of £2K.

Park Vet Group Glenfield staff member Danny Frost raised £370.00 through a wolf run.

Loughborough Kia sponsored our Family Fun Day and our Spring Dog Show.

Blaby District Council voted us as their charity of the year and raised £2,900.00.

Investing in communications

We are spreading our News and photographs through our twice-yearly printed newsletter, Google, Facebook, Instagram, YouTube and our website www.leicesteranimalaid.org.uk.

Staff Development

We are very proud of our staff’s continued dedication and commitment to their individual roles and the Charity as a whole and the team has excelled during 2024 with real dedication, in difficult times during the pandemic, to ensure the well-being of the animals in our care.

Achievements and Performance Animal numbers

Dogs

Number into re-home 102 (2023 100) Rehomed 97 (2023 81) Strays reunited with owners 0 (2023 1) Returned to LAA 5 (2023 13) (1 owner illness, 1 owner financial situation and 3 behavioural) Deceased 13 (2023 8) ( 5 ill health 3 of which were ex LAA residents on the medical foster scheme, 2 banned breed and 6 for behavioural reasons).

Cats

Number into re-home 177 (2023 199) (Including 29 born on site) Re-homed 167 (2023 174) Returned to LAA 6 (2023 10) Deceased 2 (2023 6) (ill health)

6

Trustees’ Report For the year ended 31 December 2024

The Leicester & Leicestershire Animal Aid Association

Our intake of dogs increased by 2% from 2023 however, the numbers are still high, as more people continue to find it difficult to look after their pets. We have only seen a decrease of 11% in unwanted female cats and kittens including many born on site.

We take this opportunity to thank all our kennel and cattery staff and volunteers for their dedication, hard work in all weathers and the love they give to our residents.

Animal Welfare

Leicester Animal Aid’s non-euthanasia policy ensures that regardless of breed, age and length of stay, all dogs and cats will be cared for until a new, loving home can be found. Whilst in the care of LAA all efforts will be made to ensure their stay is safe, secure and happy. Their psychological and physical welfare is our primary concern. However, sadly there are occasions when it becomes apparent that an animal may be deemed too ill or aggressive to enjoy a quality of life and as a responsible and caring organisation, we cannot re-home. Any decision to put an animal to sleep is taken only when all other avenues have been exhausted and must be authorised in writing by the General Manager, in consultation with our nominated veterinary practice, and where appropriate, a qualified behaviourist.

Any such sad decisions are reported to the Management Committee with full details by the General Manager as part of her Operational Report.

It may be necessary to put an animal to sleep for the following reason(s):

To relieve suffering from physical or psychological illness that is not considered viable to be treated and will result in a poor quality of life for the animal.

Aggression that deems the animal unsuitable for re-homing due to the likelihood of bites and subsequent injury to other person and/or in some situation’s other animals.

Aggression that deems the animal unsuitable to be accommodated at the Centre due to the likelihood of bites and subsequent injury to other person and/or in some situations other animals.  FIV and/or FeLV positive cats.

What is FIV?

Feline immunodeficiency virus (FIV) stops a cat’s body from producing a normal immune response. Infected cats are highly susceptible to secondary infections and illnesses.

The FIV virus is usually passed through biting in fights. It can be spread through one bite, either from or inflicted upon, an FIV infected cat. Infected cats are a risk to healthy cats.

What is FeLV?

Feline leukemia virus (FeLV) is an incurable viral infection that eventually produces fatal illness in infected cats.

The virus is spread by infected cats through licking, biting, sharing food bowls and litter trays. Close contact is required, and the virus is found in saliva, urine and other secretions of infected cats.

7

Trustees’ Report For the year ended 31 December 2024

The Leicester & Leicestershire Animal Aid Association

We are proud that our enrichment activities have been recognised on a national and international stage. We have hosted representatives from many other animal welfare organisations who have visited our site and who have been very impressed with the enrichment facilities provided by the staff and site and also by its cleanliness and technical aspects.

Pet support

A kennel environment is by its very nature a stressful experience for domestic pets and we are planning to provide even more facilities during 2024 to help alleviate the animals’ stress and boredom. We continue to look for further improvements to our site.

Community Pet Support Scheme (CPSS).

This was launched in 2016 to support vulnerable pet owners with free practical pet care support such as dog walking, grooming and veterinary transportation. Pet companionship can help to alleviate social isolation and prevent feelings of loneliness. Our dedicated outreach team of 6 Animal Care Assistants, managed by our Scheme Co-ordinator, provide a regular, reliable and trusted service which also serves to provide a befriending service and emotional support for our clients. The scheme also hosts twice yearly fun social events which has helped many of our clients meet (and form new friendships) with other clients who have a shared love of pets.

The scheme has supported over 100clients since 2016 and continues to support 34 clients in 2024 (3 of which have rehomed dogs from L.A.A.).

We are enormously grateful to the National Lottery Community Fund, Mars Petcare and others for helping fund our Community Pet Support Scheme.

In particular we are grateful to The National Lottery Community Fund who are granting £90,000 over a three-year period from April 2022 to help with staff costs.

Facts You didn’t Know

We currently have 19 full-time and 13 part-time staff (including the Community Pet Support Scheme team) supported by a regular, dedicated volunteer team consisting of dog walkers, pet sitters (cats and dogs), cattery cleaners, socialisers and groomers, charity shop assistants and donated goods sorters coffee shop volunteers, DIY maintenance, on and offsite event volunteers, supermarket food collectors, money collection tins.

Roger Symcox (former tenant of Farndon House and volunteer) joined in December 2024 as a parttime Groundsman to help maintain the 4.5-acre site.

8

The Leicester & Leicestershire Animal Aid Association

Trustees’ Report For the year ended 31 December 2024

The staff at LAA have spent many years working for the organisation:

Accounts and administration (including reception) combined 66 years’ experience at LAA

In addition to the relevant animal care qualifications, 3 members of our 9 strong direct animal care team for dogs have 38 years combined experience at LAA

Direct animal care for cats – 6 years combined experience at LAA

Our Kennel and Cattery manager and Kennel Co-ordinator (and dog trainer and behaviourist) have 22 years combined experience at LAA

The Fund-raising Team have a combined 20 years’ experience at LAA.

We are very fortunate to also have long-tern, loyal and dedicated dog walking, cattery and pet sitting volunteers who have over 150 years combined experience at LAA between them, which helps to keep our cats and dogs happy and healthy

Wellbeing at LAA

Is being championed by former Kennel Assistant Laura Oxbrough who had worked in direct animal care at LAA since 2012 and took up a new role in January 2024 as our Animal and Team Welfare Coordinator. This newly created post focuses on the overall health of the workplace with a priority on mental wellbeing. In addition, Laura works closely with our kennel Co-ordinator and Canine Behaviourist, alongside our kennel team in helping to improve the lives of the cats and dogs that haven’t had the best start in life. They sometimes require additional rehabilitation to help them build confidence with new people and new environments in preparation for a new, permanent loving home.

We have monthly Welfare Meetings for the benefit of the dogs, cats and staff.

We care passionately about the animals in our care and supporting our team is imperative as their unfaltering dedication is both physically demanding but can also be emotionally challenging. Many of the cats and dogs that need our help have experienced instability in their short lives and some have been the victims of unkind treatment and subsequent trauma. It is upsetting for our team to witness the effects that this has had on the cats and dogs they care deeply for.

The majority of cats needing rescue space have not been vaccinated, neutered or spayed and, sadly, many female cats have had multiple litters of kittens before arriving at our Centre. We have also seen more cats that have needed veterinary attention, including untreated flea allergies which has caused skin irritation and distress and essential dental work, even for younger cats.

9

Trustees’ Report For the year ended 31 December 2024

The Leicester & Leicestershire Animal Aid Association

Vets 4 Pets at Fosse Park have partnered us to offer heavily subsidised neutering costs for dog and cat owners.

Volunteers

Thank you to our wonderful team of volunteers who support our work in the following areas: on site charity shop; serving customers and also sorting donated goods, monthly coffee shop and regular onsite and off-site sales. Dog walkers and dog sitters, cattery volunteers - cleaners, groomers, kitten and cat pet sitters, supermarket food collectors, business collection tin collectors, fundraising events, gardeners, maintenance and DIY.

Projects

Important improvements to the site for the benefit of the dogs, staff and dog walkers.

Portacabin for volunteers to sort donated goods cost - £7,700.

Bottom large free run field – concreted area alongside new fencing and cladding to maintain the durability of the new fencing and ability to mow effectively. In addition, a soak way was added to prevent the field becoming unusable during winter months when experiencing heavy rainfall as too boggy at the entrance for both humans and dogs and enabling us to have a new storage shed for mowing equipment erected on the concrete base rather than the grass to ensure longevity cost - £14,283.

Animal care block Murphy - 2 play area roofs, replaced to prevent leaks in the rain and installation of transparent panels to allow more natural light cost - £4,300.

Animal care block Sparky - Fixed, rigid all-weather canopy at the back of Sparky (over the play area) to prevent excessive heat in the summer and create a dry area for dogs to play and toilet when it’s raining cost - £7,565.00.

Durable UPVC cladding around play areas and some of the kennels and bottom field to shield dogs from the view of other dogs that can cause frustration and anxiety cost - £5,000 - £120,000 (part funded by Mars Petcare).

New website designed and launched cost - £20,00.

Solar panel project commenced in 2023 and completed in 2024 to reduce our electricity costs - £57,172.

Replaced the sluice tank cost - £5,114.

New incinerator cost - £1,175

10

The Leicester & Leicestershire Animal Aid Association Trustees’ Report For the year ended 31 December 2024

Projects (continue)

Fencing upgrade to reduce the stress when moving nervous dogs safely to access play areas cost - £17,000.

Financial Review

The charity receives no government support and is totally reliant for its income on legacies, donations, fundraising, grants, donations from our trading subsidiary and investment income.

The vast majority of our expenditure goes towards our charitable objectives of finding loving forever homes for our re-homed animals and to provide support and guidance for pet owners.

Income
Legacies
Donations and fundraising
Other trading activities
Grants & Other Income
Sub Total

Investment Income
Total income
 2024
2023
£
%
£
%
£778,992
65%
£220,260 32.7%
£315,863
26%
£377,646
56%
£93,827
8%
£74,889
11%
£10,115
1%
£2,221 0.3%
£1,198,797 100%
£675,016 100%
£151,524
£42,898
£1,350,321
£717,914

2024 has been a good year financially for the charity, our total income was £1,350,321 (2023 £717,914) and our costs were £1,078,062 (2023 £929,953). As a consequence, the charity finishes the year with a surplus of £256,734 (including unrealised losses on investments of £15,525). In 2023 the deficit was £114,513 (including unrealised gains on investments of £97,526).

Our financial viability is highly dependent on legacy income which by its nature is very volatile. In 2024 we received income from legacies of £778,992 (2023 £220,260). The proportion of our income from legacies rose to 65% from 33% in 2023. This cannot be relied on or expected in future years.

The Trustees are aware that future income from legacies cannot be guaranteed and therefore it is prudent to identify ways in which income from other sources can be generated to cover any potential shortfall in the future. The Trustees and fundraising team are working on different income-generating projects to provide regular income through membership, monthly donations and trading income.

11

The Leicester & Leicestershire Animal Aid Association Trustees’ Report

For the year ended 31 December 2024

Expenditure
Fundraising costs
Charitable expenditure
Governance costs
Total costs
 2024
£
%
£52,343
5%
£996,033
92%
£29,686
3%
£1,078,062100%		 2023
£
%
£42,982
5%
£868,023
93%
£18,948
2%
£929,953
100%

92p in the £1 (93p in 2023) of our costs are spent on our charitable aims.

In 2024 our payroll costs increased by £76,810 from £519,252 to £596,062 with average number of staff increasing from 29 to 32.

Veterinary fees increased by £13,411 from £94,051 to £107,462 for two reasons. More animals that come into our care require more care and veterinary fees and medicine costs have increased.

In November 2016 the charity put in a place an employees’ pension scheme with People’s Pension and are pleased to report a 100% take up by eligible staff. In 2024 this cost the charity £16,785.

The General Manager and her staff are to be commended for maintaining tight budgetary control over expenditure throughout the year. Control of costs against the budget is particularly important when we have such volatility of income.

Leicester Animal Aid Limited (LAA Ltd) is the wholly-owned trading subsidiary of the charity. 2024 was a better year for LAA Ltd with the shops reopening for long periods and a number of smaller sales events taking place later in the year. Income rose from £93,827 in 2023 to £74,889 in 2024 and we were able to donate £40,409 profit from LAA Ltd to the Charity in 2024.

12

Trustees’ Report For the year ended 31 December 2024

The Leicester & Leicestershire Animal Aid Association

Investment Policy and Performance

Aims

The overall investment aim is to maximise income in the form of interest and dividends, whilst maintaining the value of the capital sums invested. During 2024 the Trustees followed independent financial investment advice

Preferences/Constraints

Wherever possible investments exclude organisations which are involved in animal testing for cosmetic or pharmaceutical purposes, intensive farming or fur trading. This does very much restrict the range of funds we can invest in.

Short-term financing needs will be achieved by the use of Fixed Term Deposits. The term of each deposit should not exceed 2 years.

Risk Profile

A risk-averse investment policy was pursued in order to protect the underlying value of the funds donated by our supporters.

Monitoring

Returns on investment are monitored by the Treasurer to ensure that an adequate income stream is being maintained. Investment performance is reviewed periodically by the Trustees in conjunction with the financial advisors and reported to the Committee four times a year.

A spread of ethical investments is actively managed by Aviva. This year there has been a rise in dividends and interest to £134,942 (2023 £28,968).

2024 was an exceptionally poor was year for investors. Every region has its troubles with the war in Ukraine, soaring energy bills and inflation. Our portfolio is a mixture of equities 59%, fixed interest securities 36% and money market 5%. The value of our investments fell by £15,525 (19%) (2023 gain £97,526).

Our original investment in the fund between 2013 and 2015 totalled £940,000 so we are still showing a substantial gain of £329,930 on that and each year we withdraw income to help pay running costs of the kennels and cattery. In the last five years we have used income totalling £152,630 for this.

35% of our portfolios is in fixed interest securities (including government gilts) fell by about 20% in 2023. These have always been seen as a low risk investment. The UK gilt index was down 28% at one point in the year and this has been described as a 1 in 50 year event. There has been some recovery in these in 2024.

13

The Leicester & Leicestershire Animal Aid Association Trustees’ Report For the year ended 31 December 2024

Investment Policy and Performance - continued

The advice at the moment is to hold the investments in the expectation of a longer term recovery with a minor adjustment to move some of the investment in UK company shares to overseas companies where there are better prospects.

Investment income is received net of investment management costs, which are deducted at source. Investment management costs are made up of the following elements:

Aviva transactional and ongoing fees 0.76 % Investment Advice Fees (after charity discount) 0.48% Total costs of investment are 1.3% (2019 1.3%) per annum.

Reserves Policy

Reserves are held to protect the charity against fluctuations in income and to ensure that sufficient funds are held to enable us to fulfil our plans and objectives. The Trustees have reviewed the Reserves Policy in the light of the Strategic Review and have decided it would be prudent to hold allocated reserves to cover specific planned activities.

The reserves policy is undergoing a major review but at present funds are allocated as follows:

----- Start of picture text -----
Reserve Name Objective Amount
 Operating Cost Reserve To ensure and protect continuing £700,000
operation of the re-homing centre
 Maintenance Reserve To ensure the re-homing centre £60,000
continues to be fit for purpose
 Business Development Reserve To ensure that funds are available to £150,000
support activities designed to raise
revenue
 Outreach Support Reserve To provide funds to support dogs and £45,000
cats in the local community
----- End of picture text -----

Designated Funds

Designated funds have been allocation to the projects previously listed and completed in 2024.

The trustees and senior management are constantly reviewing and planning for improvements to our site using grants, donations and the funds of the charity.

14

The Leicester & Leicestershire Animal Aid Association Trustees’ Report For the year ended 31 December 2024

Designated Funds – continued

Future plans to include:-

Restricted Funds

Funds given through donations or other sources for specific projects will be separately identified and treated as restricted reserves. Restricted reserves will only be spent for their intended use as specified by the donor.

Movements on reserves are regularly monitored by the Treasurer and reported to the Trustees on at least a quarterly basis.

Reserves are invested in accordance with the charity’s Investment Policy and the Reserves Policy is reviewed annually.

Structure, Governance and Management

LAA is an unincorporated charity and the charity’s objects are set out in its Rules and Constitution (2023).

The charity was formally founded in 1956 by Dorothea Farndon who used to buy all the stray dogs from the police each week that were due to be shot, having not been claimed. In 1960 Mrs. Farndon acquired land at Thurmaston Lane, Leicester, where she was able to put up kennels and establish her own rescue centre. In 1971 she oversaw the move to the current premises in Huncote, Leicestershire.

The trustees are appointed by the Membership at the Annual General Meeting and under current Rules general trustees may serve for an unlimited period of time. The Revised Rules and Constitution (2012) require the election of the officers of the charity (a chair, vice-chair, secretary, treasurer and assistant treasurer) from amongst the members at the Annual General Meeting, who shall hold office from the conclusion of that meeting for a period of two years.

LAA is overseen by a Management Committee, which consists of up to 7 trustees who undertake their duties without payment.

15

Trustees’ Report For the year ended 31 December 2024

The Leicester & Leicestershire Animal Aid Association

Structure, Governance and Management – continued

The Committee receives an operational report from the General Manager covering the welfare of animals, personnel issues, operational statistics and other matters and an update report of activities from the Fundraising Manager. The committee receives monthly reports from the Treasurer of the financial position of the charity and trading company.

The Trustees are actively seeking further appropriately qualified and/or experienced potential Trustees. As LAA continues its work within an increasingly complex legal, social and environmental framework the trustees have recognised the need to focus on specific issues and to draw on specialist skills, whether they exist within the trustee body, or elsewhere.

The charity is a member of the Association of British Dogs and Cats Homes and is affiliated to the charity Wood Green Animal Shelters.

Risk Management

The Trustees have reviewed the major risks and are satisfied that systems and procedures have been established to manage those risks.

The trustees and staff assess and review through the year the risks associated with running the charity and have established systems and procedures to mitigate against material risks. The General Manager reports to the Trustees at each Management Committee Meeting on all aspects of Risk Management. All insurable risks are covered by insurance, including public liability, buildings and premises, trustee indemnity insurance.

A principal risk is the safety of our staff and dog walking volunteers when they are with the animals in our care. All animals coming into our care are carefully assessed to identify any problems or issues they might have – whether physical, behavioural or emotional. We then put into place a programme of management, which may involve our qualified behaviourists. To protect our staff we have procedures regarding the care of animals with known health and/or behavioural issues and ensure that levels of skill, experience and training are carefully matched to the needs of each and every animal in our care. All members of staff receive training in animal care and handling and some have specialist qualifications in animal welfare and behaviour. Each dog-walking volunteer is inducted into the organisation and fully trained and informed of the policies and procedures that we have set up for their protection and wellbeing. Any incidents involving significant injury to members of staff and volunteers are formally reported to the Management Committee by the General Manager.

16

The Leicester & Leicestershire Animal Aid Association

Trustees’ Report For the year ended 31 December 2024

Risk Management - continued

A principal risk when rehoming animals is the risk of a rehomed animal biting a member of the public. We seek to minimise risk by investing in training for our staff in animal welfare and behaviour. To minimise risks our members of staff are honest and open about any animal ready for re-homing that has suffered from any physical, emotional or behavioural issues and great care is taken to ensure that potential rehomers have the requisite level of skill and experience to take on any of the more “difficult” cases. We offer continuing support to all our re-homers once the animal has gone to its forever home. A serious incident would place the charity at risk of significant reputational damage and potentially catastrophic financial loss.

The trustees once again consider the variability of income, in particular legacy income, to constitute a major risk and have carried out a strategy review to look at ways of increasing regular income to cover all annual costs.

Trustees have reviewed the Reserves Policy to ensure that we have sufficient funds held in reserve to continue our operations in the event of a significant downturn in income and also the Investment Policy to ensure our excess funds are prudently invested.

17

Trustees’ Report For the year ended 31 December 2024

The Leicester & Leicestershire Animal Aid Association

Trustees’ responsibilities in relation to the financial statements

The trustees are responsible for preparing the Trustees’ Annual Report 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 & Wales 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 of the charity for that period.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and 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.

Signed on behalf of the trustees

Anabel McDou all g

Luke Collett

signed on 10/06/2025, 11:37:19 BST signed on 09/06/2025, 20:58:03 BST Anable McDougall Luke Collett

Date: 09/06/2025

18

Report of the Independent Auditors to the Trustees of The Leicester and Leicestershire Animal Aid Association For the year ended 31 December 2024

We have audited the financial statements of The Leicester and Leicestershire Animal Aid Association (the ‘parent charity’) and its subsidiaries (the ‘group’) for the year ended 31 December 2024 on pages 23 to 36, which comprise the Statement of Financial Activities, the Statement of Cash Flows, the Consolidated and Charity Balance Sheet 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 and United Kingdom Accounting Standards including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

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 Auditor’s 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. The comparative information has not been audited.

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.

19

Report of the Independent Auditors to the Trustees of The Leicester and Leicestershire Animal Aid Association For the year ended 31 December 2024

Other information

The other information comprises the information included in the trustee’s annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. 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.

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 course of 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 in relation to which the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement set out on page 18, the trustees are responsible for the preparation of 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.

20

Report of the Independent Auditors to the Trustees of The Leicester and Leicestershire Animal Aid Association For the year ended 31 December 2024

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 151 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that Act.

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 an auditor’s report 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 specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below:

21

Report of the Independent Auditors to the Trustees of The Leicester and Leicestershire Animal Aid Association For the year ended 31 December 2024

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

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.

Other matters which are required to address

The comparative consolidated figures in these financial statements were unaudited. We have obtained sufficient and appropriate audit evidence that the opening balances do not contain material misstatements.

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 auditor’s 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.

signed on 10/06/2025, 15:54:43 BST The Rowleys Partnership Ltd Statutory Auditors Chartered Accountants Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 Charnwood House Harcourt Way Meridian Business Park Leicester Leicestershire LE19 1WP

Date: 10/06/2025

22

The Leicester and Leicestershire Animal Aid Association Consolidated Statement of Financial Activities For the year ended 31 December 2024

Note
Income and endowments from:
Donations and legacies
2
Other trading activities
2a
Investments
3
Other income
3a
Total income
Expenditure on:
Cost of generating funds
Fundraising costs
4
Charitable expenditure
Costs of activities in furtherance
of the Charity's objectives
5
Other
Support costs
6
Corporation tax
7a
Total expenditure
Net gains/(losses) on investments:
8
Net income
Funds Transferred
13
Net movement in funds
13
Reconciliation of funds:
Total funds brought forward
13
Total funds carried forward
13		 Unrestricted
Funds
£
1,065,055
93,827
151,524
5,115
1,315,521
52,343
932,009
28,848
-
1,013,200
(15,525)
286,796
(52,751)
234,045
3,258,970
3,493,015		 Restricted
Funds
£
29,800
-
-
5,000
34,800
-
64,024
838
-
64,862
-
(30,062)
52,751
22,689
24,948
47,637		 Total
Total
2024
2023
£
£
1,094,855
597,906
93,827
74,889
151,524
42,898
10,115
2,221
1,350,321
717,914
52,343
42,982
996,033
868,023
29,686
18,948
-
-
1,078,062
929,953
(15,525)
97,526
256,734
(114,513)
-
-
256,734
(114,513)
3,283,918
3,398,431
3,540,652
3,283,918

All income and expenditure is derived from continuing activities.

23

The Leicester & Leicestershire Animal Aid Association Consolidated Balance Sheet

For the year ended 31 December 2024

Note
Fixed Assets
Investments
8
Tangible assets
9
Current Assets
Debtors
10
Stock
Cash at bank and in hand
12
Current Liabilities
Creditors
Amounts falling due within one year
11
Net Current Assets
Unrestricted Funds
13
Designated Funds
Restricted Funds		 £
£
£
£
1,269,930
1,285,454
1,183,867
1,152,305
2,453,797
2,437,759
37,499
77,039
3,343
3,553
1,098,330
809,902
1,139,172
890,494
(52,317)
(44,335)
1,086,855
846,159
3,540,652
3,283,918
2,538,015
1,983,970
955,000
1,275,000
47,637
24,948
3,540,652
3,283,918
2024
2023

Approved on behalf of the trustees:

Anabel McDougall Luke Collett Anabel McDougall signed on 10/06/2025, 11:37:19 BST 09/06/2025 Date:

Luke Collett

signed on 09/06/2025, 20:58:03 BST

The notes on pages 27 to 36 form part of these financial statements.

24

The Leicester & Leicestershire Animal Aid Association Charity Balance Sheet

For the year ended 31 December 2024

Note
Fixed Assets
Investments
8
Tangible assets
9
Current Assets
Debtors
10
Cash at bank and in hand
12
Current Liabilities
Creditors
Amounts falling due within one year
11
Net Current Assets
Unrestricted Funds
13
Designated Funds
Restricted Funds
Approved on behalf of the trustees:
Anabel McDougall
Anabel McDougall
signed on 10/06/2025, 11:37:19 BST		 £
£
£
£
1,269,931
1,285,455
1,171,989
1,147,741
2,441,920
2,433,196
49,834
81,983
1,028,620
761,865
1,078,454
843,848
(45,973)
(39,709)
1,032,481
804,139
3,474,401
3,237,335
2,471,764
1,937,387
955,000
1,275,000
47,637
24,948
3,474,401
3,237,335
Luke Collett
2024
2023
Luke Collett
signed on 09/06/2025, 20:58:03 BST

09/06/2025 Date:

The notes on pages 27 to 36 form part of these financial statements.

25

The Leicester & Leicestershire Animal Aid Association Consolidated Statement of Cash Flow For the year ended 31 December 2024

2024 2023
Note £ £
Cash flow from operations 1 232,365 23,562
Tax paid - -
Cash flow from operating activities 232,365 23,562
Cash flow from investing activities
Interest received 35,792 4,968
Dividends received 99,150 24,000
Capital expenditure
Fixed asset additions (78,878) (57,172)
Investment additions (373,476) (155,042)
Investment disposal proceeds 373,475 153,752
Net cash flow from investing activities 56,063 (29,494)
Net increase/(decrease) in cash and cash equivalents 288,428 (5,932)
Cash and cash equivalents at the beginning of the reporting period 809,902 815,834
Cash and cash equivalents at the end of the reporting period 1,098,330 809,902
Cash and cash equivalents consists of:
Cash at bank and in hand 950,745 662,762
Short term deposits 147,585 147,140
Cash and cash equivalents at 31 December 2024 1,098,330 809,902
Note 1 Reconciliation of net income to net cash flow from operating activities
2024 2023
£ £
Net income for year (as per the statement of financial activities) 256,734 (114,513)
Adjusted for:
Gain/(loss)on investment 15,525 (97,526)
Dividends and interest from investments (134,942) (28,968)
Depreciation charges 47,316 42,696
Decrease/(increase) in stocks 210 336
Decrease/(increase) in debtors 39,540 195,588
(Decrease)/increase in creditors 7,982 25,949
Net cash flow from operating activities 232,365 23,562

26

The Leicester & Leicestershire Animal Aid Association Notes to the Accounts

For the year ended 31 December 2024

1 Accounting policies

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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 United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.

The financial statements have been prepared under the historical cost convention except for the valuation on investment assets where appropriate, which are shown at market value.

Group financial statements

The financial statements consolidate the results of the charity and its wholly owned subsidiary Leicester Animal Aid Ltd on a line-by-line basis.

Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

Restricted Funds

These relate to monies received for specific projects, notably the sponsor fund whereby individuals sponsor the care of certain animals. Certain monies received in the past relating to building projects are transferred to unrestricted funds once the building works have been achieved.

Unrestricted Funds

Unrestricted Funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objectives.

Designated Funds

Designated Funds comprise of those funds which the trustees have seperated from general funds for specific operational projects as detailed in Note 13 of these financial statements.

Income & Expenditure

All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability. This also applies to any legacies.

Gifts in kind are estimates based on market price the charity would otherwise have paid.

Expenditure is recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure.

All income and expenditure is accounted for on an accruals basis.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Costs include those directly attributable to making the asset capable of operating as intended.

Depreciation

Depreciation of fixed assets is calculated to write off their cost or valuation less any residual value over their estimated useful lives as follows:

Freehold Land and Buildings 2% Per annum on cost of buildings Plant and Machinery 10% Per annum on net book value Motor Vehicles 25% Per annum on net book value

27

The Leicester & Leicestershire Animal Aid Association Notes to the Accounts

For the year ended 31 December 2024

1 Accounting policies continued

Stocks

Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Investments

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 if the shares are publicly traded or their fair value can otherwise be reliably measured.

Investments in subsidiaries are measured at cost less impairment.

Allocation of overheads and support costs

Overhead and support costs have been allocated between costs of activities in furtherance of the charities objectives and governance costs.

Costs of activities in furtherance of the Charity's objectives

Costs of activities in furtherance of the Charity's objectives are those costs incurred in the day to day running of the charity in order to meet its objectives, as described in the report of the trustees.

Governance costs

Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

2
Donations and legacies
Unrestricted
fund
£
Legacies
778,992
Membership fees
26,136
Collection Boxes
4,460
Give as you earn donations
2,167
Fundraising
25,308
Subscriptions, donations & prize draws
142,768
Homed
36,456
Gifts in kind
48,018
Sponsors
750
1,065,055		 Restricted
fund
£
-
-
-
-
29,800
-
-
-
29,800		 Total
2024
£
778,992
26,136
4,460
2,167
25,308
172,568
36,456
48,018
750
1,094,855		 Unrestricted
fund
£
220,260
23,381
2,275
2,034
35,022
171,520
32,542
50,998
250
538,282		 Restricted
Total
fund
2023
£
£
-
220,260
-
23,381
-
2,275
-
2,034
35,022
59,624
231,144
-
32,542
-
50,998
-
250
59,624
597,906

The charity is continually grateful to the donations of the general public and various institutions for donations of food and consumables utilised by the charity in the caring for the animals. An amount totalling £48,018 in respect of the fair value of these goods is recognised in donations above with the equivalent charge included within 'Food and consumables' in note 5 of these financial statements.

2a Other trading activities
Unrestricted
fund
£
Shop income
93,827
93,827		 Restricted
fund
£
-
-		 Total
2024
£
93,827
93,827		 Unrestricted
fund
£
74,889
74,889		 Restricted
Total
fund
2023
£
£
-
74,889
-
74,889

28

The Leicester & Leicestershire Animal Aid Association Notes to the Accounts

For the year ended 31 December 2024

3
Schedule of Investment income
Bank deposit interest
Dividend income
Tax rebate on covenants and gift aid
3a Other Income
Grant income
Rental income
4
Fundraising costs
Fund raising staff costs
Fundraising
Advertising		 Unrestricted
fund
£
35,792
99,150
16,582
151,524
Unrestricted
fund
£
-
5,115
5,115
Unrestricted
fund
£
45,850
4,653
1,840
52,343		 Restricted
fund
£
-
-
-
-
Restricted
fund
£
5,000
-
5,000
Restricted
fund
£
-
-
-
-		 Total
Unrestricted
2024
fund
£
£
35,792
4,968
99,150
24,000
16,582
13,930
151,524
42,898
Total
Unrestricted
2024
fund
£
£
5,000
-
5,115
2,221
10,115
2,221
Total
Unrestricted
2024
fund
£
£
45,850
33,692
4,653
6,423
1,840
2,867
52,343
42,982		 Restricted
Total
fund
2023
£
£
-
4,968
-
24,000
-
13,930
-
42,898
Restricted
Total
fund
2023
£
£
-
-
-
2,221
-
2,221
Restricted
Total
fund
2023
£
£
33,692
-
6,423
-
2,867
-
42,982

5 Costs of activities in furtherance of the Charity's objectives

Salaries and wages
Social security costs
Veterinary and medical fees
Rates and water charges
Food and consumables
Cleaning and waste disposal charges
Training
Heating and lighting
Repairs and renewals
Insurances
Sundry expenses
Depreciation of buildings
Depreciation motor vehicles
Depreciation plant and machinery
Motor expenses
Printing postage and stationery
Telephone charges
Computer and internet
Bank charges
Subscriptions		 Unrestricted
fund
£
472,648
23,166
106,148
2,318
68,932
13,169
1,817
51,878
85,260
14,753
4,954
34,272
203
12,841
5,316
21,552
4,663
3,871
2,956
1,292
932,009		 Restricted
fund
£
49,540
-
1,314
-
10,827
-
96
-
-
-
2,071
-
-
-
-
26
150
-
-
-
64,024		 Total
Unrestricted
2024
fund
£
£
522,188
411,255
23,166
25,383
107,462
69,002
2,318
2,889
79,759
67,847
13,169
12,553
1,913
1,709
51,878
29,628
85,260
46,033
14,753
12,981
7,025
3,693
34,272
33,821
203
271
12,841
8,604
5,316
4,136
21,578
21,949
4,813
3,724
3,871
19,426
2,956
2,337
1,292
1,410
996,033
778,651		 Restricted
Total
fund
2023
£
£
44,346
455,601
-
25,383
25,049
94,051
-
2,889
16,405
84,252
-
12,553
-
1,709
-
29,628
44
46,077
-
12,981
3,153
6,846
-
33,821
-
271
-
8,604
41
4,177
-
21,949
334
4,058
19,426
-
2,337
-
1,410
89,372
868,023

29

The Leicester & Leicestershire Animal Aid Association Notes to the Accounts

For the year ended 31 December 2024

6 Support costs

Governance costs
Salaries and wages
Social security costs
Legal and professional fees
Auditors' remuneration - Audit
Auditors' remuneration - Non Audit		 Unrestricted
fund
£
4,317
541
716
20,000
3,274
28,848		 Restricted
fund
£
-
-
838
-
-
838		 Total
2024
£
4,317
541
1,554
20,000
3,274
29,686		 Unrestricted
fund
£
4,131
445
1,454
7,675
5,243
18,948		 Restricted
Total
fund
2023
£
£
-
4,131
-
445
-
1,454
-
7,675
-
5,243
-
18,948

7 Staff costs

Wages and Salaries
Employers National Insurance
Employers Pension Contributions
The average number of employees was:		 2024
2023
£
£
555,570
479,049
23,707
25,828
16,785
14,375
596,062
519,252
2024
2023
32
29

Personnel, deemed as key to the purposes of the charity by the trustees received remuneration in the year totalling £48,582 (2023 - £45,770).

Key personnel are occasionally reimbursed for travel costs, these however are not material to the financial statements. No employee has received remuneration in excess of £60,000 in the current or prior financial period.

The trustees are all volunteers and received no remuneration or reimbursement of expenses in this year or in the previous year.

7a Taxation

No taxation is payable by the charity for the year as it is able to make use of the tax exemption on income and capital gains available to charities.

8
Group Investments
Cost or Valuation brought forward
Addition
Disposals
Change in market value
Cost or Valuation carried forward		 Listed
£
1,285,454
373,476
(450,192)
61,192
1,269,930		 Total
Total
2024
2023
£
£
1,285,454
1,186,638
373,476
155,042
(450,192)
(153,752)
61,192
97,526
1,269,930
1,285,454

30

The Leicester & Leicestershire Animal Aid Association Notes to the Accounts

For the year ended 31 December 2024

8
Charity Investments
Cost or Valuation brought forward
Addition
Disposals
Change in market value
Cost or Valuation carried forward		 Listed
£
1,285,454
373,476
(373,475)
(15,525)
1,269,930		 Unlisted
£
1
-
-
-
1		 Total
Total
2024
2023
£
£
1,285,455
1,186,639
373,476
155,042
(373,475)
(153,752)
(15,525)
97,526
1,269,931
1,285,455

The charity owns the whole of the issued ordinary share capital of Leicester Animal Aid Ltd, a company registered in England, no.07064232. The subsidiary is used for non-primary purpose trading activities. Available profits are gifted to the charity and subsequently treated as donations. A summary of the results of the subsidiary is shown below:

Profit and loss account
Turnover
Cost of sales
Gross profit
Donation from LAA
Administrative expenses
Corporation tax
Profit after taxation
Balance Sheet
Assets
Liabilities
Share capital
Profit and loss
Shareholders' funds		 2024
2023
£
£
96,225
78,324
(14,469)
(11,413)
81,756
66,911
(40,409)
(48,788)
(21,679)
(12,009)
-
-
19,668
6,114
88,295
60,098
(22,043)
(13,514)
66,252
46,584
1
1
66,251
46,583
66,252
46,584
Listed investments relate to a portfolio, managed on behalf of the charity by a professional Listed investments relate to a portfolio, managed on behalf of the charity by a professional
independent third party.
Investments consist of the following; 2024 2023
£ £
Listed holdings - UK equities 1,234,552 1,254,077
Cash on deposit 35,378 31,377
1,269,930 1,285,454

31

The Leicester & Leicestershire Animal Aid Association Notes to the Accounts

For the year ended 31 December 2024

----- Start of picture text -----
9 Group Tangible assets Freehold
Land and Plant and Motor
Buildings Machinery Vehicles Total
Cost £ £ £ £
At 1 January 2024 1,792,619 133,911 10,970 1,937,500
Additions 22,536 56,342 - 78,878
At 31 December 2024 1,815,155 190,253 10,970 2,016,378
Depreciation
At 1 January 2024 718,560 56,478 10,157 785,195
Charge for the year 34,272 12,841 203 47,316
At 31 December 2024 752,832 69,319 10,360 832,511
Net book value
At 31 December 2024 1,062,323 120,934 610 1,183,867
At 31 December 2023 1,074,059 77,433 813 1,152,305
Charity Tangible assets Freehold
Land and Plant and Motor
Buildings Machinery Vehicles Total
Cost £ £ £ £
At 1 January 2024 1,792,619 120,357 10,970 1,923,946
Additions 22,536 48,304 - 70,840
At 31 December 2024 1,815,155 168,661 10,970 1,994,786
Depreciation
At 1 January 2024 718,560 47,488 10,157 776,205
Charge for the year 34,272 12,117 203 46,592
At 31 December 2024 752,832 59,605 10,360 822,797
Net book value
At 31 December 2024 1,062,323 109,056 610 1,171,989
At 31 December 2023 1,074,059 72,869 813 1,147,741
----- End of picture text -----

32

The Leicester & Leicestershire Animal Aid Association

Notes to the Accounts

For the year ended 31 December 2024

10 Debtors
Trade debtors
Amounts owed from subsidiary company
Prepayments and accrued income
Other debtors
VAT receivable
11 Creditors: amounts falling due within one year
Trade creditors
Accruals and deferred income
Taxation
Other creditors		 2024
2023
£
£
2,144
3,944
-
-
18,997
65,171
1,413
-
14,945
7,924
37,499
77,039
2024
2023
£
£
20,544
21,834
20,851
17,637
-
208
10,922
4,656
52,317
44,335
Group
Group		 2024
2023
£
£
2,144
3,944
-
-
18,997
65,171
1,413
-
14,945
7,924
37,499
77,039
2024
2023
£
£
20,544
21,834
20,851
17,637
-
208
10,922
4,656
52,317
44,335
Group
Group		 2024
£
193
15,699
18,997
-
14,945
49,834
2024
£
19,750
20,851
-
5,372
45,973
Cha
Cha		 2023
£
-
8,888
65,171
-
7,924
rity
81,983
2023
£
21,834
16,604
-
1,271
rity
39,709
12 Cash at Bank and in Hand
Cash at bank
Fixed term deposits
Fixed term deposits amountingto £845,768 are due to		 2024
2023
£
£
252,562
210,887
845,768
599,015
1,098,330
809,902
mature within 1year.
Group		 2024
2023
£
£
182,852
162,850
845,768
599,015
1,028,620
761,865
Charity

33

The Leicester & Leicestershire Animal Aid Association

Notes to the Accounts

For the year ended 31 December 2024

13 Group funds and funds transfers

13 Group funds and funds transfers
Unrestricted Balance
at 01.01.24
£		 Incoming
£		 Outgoing
£		 Transfers
£		 Balance
at 31.12.24
£
General 1,983,970 1,315,521 (1,028,725) 267,249 2,538,015
Designated:
Rehoming Centre Operations
Rehoming Centre Maintenance
Business Development
Outreach Support
Restricted
Special purpose donations
- Kennels Enrichment
- Cattery Enrichment
P Dakin Legacy
Jean Chuter Memorial Fund
Community Pet Support Scheme
- General Fund
- The National Lottery Community
Fund RC Midlands Region
- Mars CPSS Grant		 1,000,000
100,000
150,000
25,000
1,275,000
3,736
14,114
1,671
1,334
153
-
-		 -
-
-
-
-
3,793
2,813
-
-
3,194
20,000
5,000		 -
-
-
-
-
(9,856)
(1,235)
-
-
(53,771)
-
-		 (300,000)
(40,000)
-
20,000
(320,000)
2,327
-
-
-
50,424
-
-		 700,000
60,000
150,000
45,000
955,000
-
15,692
1,671
1,334
-
20,000
5,000
John Townsend donation 2,794 - - - 2,794
Petplan (Site signs Profect)
Dog Adventure Playground Project		 304
842		 -
-		 -
-		 -
-		 304
842
24,948 34,800 (64,862) 52,751 47,637
Total funds 3,283,918 1,350,321 (1,093,587) - 3,540,652

34

The Leicester & Leicestershire Animal Aid Association Notes to the Accounts

For the year ended 31 December 2024

13 Charity funds and funds transfers

----- Start of picture text -----
Balance Balance
at 01.01.24 Incoming Outgoing Transfers at 31.12.24
Unrestricted £ £ £ £ £
General 1,937,387 1,259,698 (992,570) 267,249 2,471,764
Designated:
Rehoming Centre Operations 1,000,000 - - (300,000) 700,000
Rehoming Centre Maintenance 100,000 - - (40,000) 60,000
Business Development 150,000 - - - 150,000
Outreach Support 25,000 - - 20,000 45,000
1,275,000 - - (320,000) 955,000
Restricted
Special purpose donations
- Kennels Enrichment 3,736 3,793 (9,856) 2,327 -
-
- Cattery Enrichment 14,114 2,813 (1,235) 15,692
- - -
P Dakin Legacy 1,671 1,671
Jean Chuter Memorial Fund 1,334 - - - 1,334
Community Pet Support Scheme
- General Fund 153 3,194 (53,771) 50,424 -
- The National Lottery Community Fund
- - -
RC Midlands Region 20,000 20,000
- Mars CPSS Grant - 5,000 - - 5,000
John Townsend donation 2,794 - - - 2,794
Petplan (Site signs Profect) 304 - - - 304
Dog Adventure Playground Project 842 - - - 842
24,948 34,800 (64,862) 52,751 47,637
Total funds 3,237,335 1,294,498 (1,057,432) - 3,474,401
----- End of picture text -----

Transfers can occur when project spending has been charged through general reserves but related to restricted funds. Furthermore, where funds relate to capital projects, the policy is to make a transfer to unrestricted funds once the capital spend has taken place. In the year the analysis of the transfers were as follows:

£
Costs charged through general reserves 52,751
Capital spend -
52,751
Community Pet Support Scheme
Cattery Enrichment
John Townsend Donation
A scheme set up to help the elderly, disabled, isolated and vulnerable people to help them keep their cherished pets in
their homes.
This funds our Purrfect Palace external accommodation and our secure cat activity/play areas which are purpose built.
These areas encourage physical activity, play time, mental stimulation and opportunity to build bonds with the team and
make new friends with other cats (where appropriate).
These funds were donated to specifically put towards our vet bills for both cats and dogs. We Thank John for this very
kind donation and will ensure it is used for the purpose intended.		 vulnerable people to help them keep their cherished pets in

35

The Leicester & Leicestershire Animal Aid Association Notes to the Accounts

For the year ended 31 December 2024

14 Group analysis of net assets by fund

Unrestricted
Funds
£
Fixed Assets
2,047,066
Current Assets
543,266
Current Liabilities
(52,317)
2,538,015
Charity analysis of net assets by fund
Unrestricted
Funds
£
Fixed Assets
2,035,189
Current Assets
482,548
Current Liabilities
(45,973)
2,471,764		 Designated
Funds
£
406,731
548,269
-
955,000
Designated
Funds
£
406,731
548,269
-
955,000		 Restricted
Funds
£
-
47,637
-
47,637
Restricted
Funds
£
-
47,637
-
47,637		 Total
Total
2024
2023
£
£
2,453,797
2,437,759
1,139,172
890,494
(52,317)
(44,335)
3,540,652
3,283,918
Total
Total
2024
2023
£
£
2,441,920
2,433,196
1,078,454
843,848
(45,973)
(39,709)
3,474,401
3,237,335

15 Capital Commitments

The charity had capital commitments at the balance sheet date of £Nil (2023 - £48,304).

16 Operating Lease Commitments

The following are the total future minimum lease payments under non-cancellable operating leases:

----- Start of picture text -----
2024 2023
£ £
Due within one year 6,620 6,537
Due between one and five years 3,139 8,400
9,759 14,937
17 Related party transactions
As explained in note 8 under investments, donations received in the year from the subsidiary was £40,409
(2023 - £48,788). Donations received from the trustees was £3,500 (2023 - £4,289).
----- End of picture text -----

Total sales with the subsidiary during the year were £2,398 (2023 - £10,407) and total purchases were £Nil (2023 - £Nil). A debtor from the subsidiary of £15,699 (2023 - £8,888) was outstanding at the year end.

18 Post Balance Sheet Event

An agreement was made to the transfer of assets and activities upon the incorporation of The Leicester and Leicestershire Animal Aid Association a charitable incorporated organisation (CIO) with the similar objectives to the Trust registered with Charity Commission with charity number 1208254 whose address is Leicester Animal Aid, Elmwood Farm, Huncote, Leicester, LE9 3LE (the CIO) on 31 March 2025.

36