ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMAIS BuekiDghgmshire South Branch- Registered Charity 243352 Trustees, Report Our objectives and YdCtivi1Ses Our Core Work aDd Public Benefit The charity's primary objective is to support the national body, the RSPCA in our deSig¢d area in South Buckinghamshire, in the prevention of cruelty to animals. Our main activities are animal rescue and re-homing. neutering s¢rvices. welfare services and education. A Su5taingble RSPCA Currently we have 3 retail shops which are the primary source of our income and ensures our r¢serves are at a sufficient lev¢l. We continue to be pr(Factive witb our recruitment of tsstee5 and voluntcers, to creafr stability in our charity as well &s having a breadth of experience to keep all our goals on track and deliver¢d in an ethical manner. Trustee's Statement of Responslbilities The Trustees are legally required to prepare fancial statements for each year and an Annual Report on the wtivities of the charity during th¢ year. The fll]an¢ial staten]ents are prepared in accordance with The Charities Ststelnent of R¢collllnended Practice (SORP) 20I5 Financial Reporting Standard (FRS 102) which came into effect from l January 2015. In preparing the financial statements. the Trustees are required to: prepare accounts which represent a true and fair view; select suitable accounting policies and then apply them consistently; make judgem¢nts and estimates that are re&sonable and prudent. stste wheth¢r applicable accounttng standards have been followed" prepare the ststements on a going concern basis unless it is inappropriat¢ to assume that the cbaTity will conlinue to operate and prepare an assessment of the risks and opportunities. The Trnstees are responsible for ensuring that proper accounting records are kept which dtsclose with rcasonable accuracy at any time the fmancial position of the charity and ¢nable Trustees to ensure that financial statements comply with the Cbarities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. The Trust¢¢s are also responsible for taking reasonable steps for th¢ pr¢v¢ntion and detection of fraud and other irregularities by the establishment of a system of internal controls. RSPCA National Society The RSPCA'S statutory status. its internal Tules and its branch rules regulate the relationship between the Society and the branches. The Buckinghamshire South branch is estsblished as an unincory)orated C[112b1¢ association. but the RSPCA Council has powcrs to intervene in a branch's affatrs in certain circumsLqnces. Much of th¢ RSPCA'S direct animal welfare is carried out through ils branches such as subsidised veterinary care and rehoming in their local areas. The national Society works closely with the RSPCA branches in delivering animal welfare aims and strdtegy and provides some financial and other SUprt to the branches. Public Benefit All ckwiti¢s in England and Wales have charitable aims that are based on providing public benefit and comply with th¢ Charities Act 2011. Thc lTrteeS pay due regard to CharAty Commission guidance on public benefiL Preventing cruelty and pmmoting kindn&8S to animals promotes humane
ROYAL SOCIETY FOR THE PREVEIYllON OF CRUELTY TO AIWIMAIS Buekinghamshire South Br*n¢h- Regtered Ch¥rity No. 243352 scntiment in humans towards animals which gives a moral benefit to the human community as a whole. Financial Risk Management The charity is managing a portfolio of firwlcial risks. The trSteeS id¢ntify new and monitor existing major risks in their monthly meetings, consider their p)tential impacL and take appropriat¢ actions to mitigate or manage such risks. As at 31" December 2023 the charity held £708,652 in cash including bank deposits with six different banks. At that date the charity held money in accounts with Lloyds, NatWesL Charity Bank. Virgin Mon¢y, United Tnt Bank, and Nationwide, thereby maximising interest income and minimising rlsk. Financial Review The Statement of Financial Activities (SOFA) on page 5 reports a surplus for th¢ year of £229.010. The accounts (financial ststements) have been prepared in accordance with the Statement of Recommended Practice: accounting and reporting by charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102). and the Charities Act 2011 and UK Gcnerally Accepted Practice as it applies from l January 2015. The year's financial perfornlance shows a net movement in funds of £229.010. This is a substantial increase from 2022, where the movement w&$ £(32,953). This was mainly driven by generous legacies received by the Branch. an increase of 70/0 in shop income to £290.334. increased rehoming income, and increased intrrest receiv& The total income for 2023 was £637,564, representing a 990/0 increase from £320.165 in 2022. Costs a¢ro&s the charity incr¢ased by 160/0 to £408.554 in 2023 from £353,118 in 2022 driven by increased costs across expense categories including veterinary fees, wages, and shop expenditure. The charity's cash reserves have increased to £708,652 at 31 December 2023 frotn £486.993 at the end of the previous year. These reserves allow the Branch to continu¢ the importanl work supporting animals, investing in the future of the charity and manage any unexpected challenges. None of the Brdnch's important aninl welfar¢ work would be possible without the hard work and dedication of voluntecrs. employees rnembeT5 and supporters. The Trustees are very gratefi to all involved. Reserves The charity only holds unr¢strictcd fimds. As at 31 Dcc¢mber 2023. thc cash reserves were £708,652. There are no pension liabilities as the clwity's scheme is de[ed contribution. The charity's reserves policy is to maintain a level of free reserves that will enable the charity to ¢nsur¢ a continuity of activity and be able to resEx)nd to significant external economic changes and demands on services provid¢d by th¢ charity. . Lydia Kinnear (Treasurer) On behalf of the Trustees of RSPCA Buckingbamshire South Brdnch
ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMAIS Buckingham3hire South Brancb- Charfty No. 243352 ststement of Financial Aclivities for tbe year eDded 31 December 2023 2022 COME DOIYATIONS & LEGACIES Subscriptions and collecting box( Donations and fijnd-raising events I£wacies 928 29,967 298,465 1,609 34.224 1.500 329360 37.333 INCOME FROM INVESTMENrs Interest reeeivable 814 INCOME FROM TRADING ACtIVTnES Re-Homing tncome Shops Income 13.045 290,334 8.180 271,534 303.379 279.714 OTHER INCOME 1,185 2.304 TOTAL INCOME 637564 320,165 Statement of Financial Activities for the year ended 31 Deeember 2023
ROYAL SOCtETY FOR THE PREVENTION OF CRUELTY TO ANIMALS Buekinghamsbire South Brnneh- Registered Charity 243352 2023 2022 Notes EXPENDITURE DIREcf CHARITABLE EXPENDITURE HQ quota Animal boarding & equipment Veterinary fees Veterinary suppli Depreciation 551 8.449 74,911 5.588 2.472 551 6,092 64,158 4.109 3.167 91.971 78.077 EXPENDITURE ON RAISING FUNDS Advertising & fund rnisillg Telephone Van expenses Equipment Storage Printing. stationery and Strge Bank Charges Clwitable ¢ontributions- Shops EXnditle 3.591 2.285 3,704 1,415 3,319 754 188 2.953 3338 7,434 961 3,184 519 354 5.979 168,748 195,529 210,785 193,470 GOVERNANCE & SUPPORT EXPENDITURE Wage5 & salaries Pension Contributions Staff uniforms & ID Depre¢iation Meeting costs Data Processing General cxpenses Trnvel expenses Insurance Legacy administrative expense5 Legal, profcssional aod nSlnCY fees Annual Report expenses Accounthncy 76,881 2210 347 535 819 649 597 3,031 281 7.396 11.154 598 1,300 67,609 1,967 2.345 669 783 631 316 3.706 124 1.479 642 1.300 105.798 81.571 TOTAL EXPENDITURE 353,118 Fund movement for the year 229,010 (32,953) Funds broyght forward $07282 540335
ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS Buckinghamshire South Brnncb- Registered Charity No. 243352 UNRESTRICTED FUNDS CARRIED FORWARD 736292 507,282 Balance Sheet as at 31 December 2023 2023 2022 Notes Fixed Assets Tangible assets 19269 13,812 Current Assets Stocks Dcbtors and prepaid expeD5es Cash at bank and in hand 1,7 17,140 486.993 20.343 708.652 730.439 505.833 Creditors: amounts falling due withln one ye4r (13.416) (12.363) Net Current Assets 717,023 493,470 Total Assets Less Currellt Liabilitie5 736292 507.282 Funds Unrestricted fimds brougbt fonvard Fund movemeni for the year 507282 229,010 540,235 (32,953) UNRESTRICTED FUNDS CARRIED FORWARD 736,292 507,282 These accounts were approved by the iN)ard of tTUStees in June 2024 and signed on their behalf by: Lydia Kinnear (Trcasurer)
ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS Buckinghamshire Souib BrCh- Registered Charity 243352 A¢counting Pollcies 1.1. Basis of Accounting The fmancial statements have been pryared under the historical cost convention. as modified by the revaluation of investments to maTkel value. The accowits (fllwicial ststements) have been prepared in accordance with the Ststemcnt of Recommended Prnctice: aOuntIng and rq)orting by ¢harities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) issued on 16 July 2014 and the Charitics Act 2011 and UK Gcncrally Accepted Pradice as it applies from l January 2015. 1.2. Reconciliation with previous Generalty Accepted Aecounting Pradice (GAAP) In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP {FRS 102) a restsiement of comparativc item8 was neede At the date of transitio in applying the requirement to recognise liabiliti¢s l5]ng from employee IKnefits, no matcrial liability was recognized in rwect of employee entitlement to paid annual leave. No other restatements were requireiL IJ. Income and expenditure All income and exp¢nditure is accow&ted for on an accruals basis. 1.4. Tangible red assets 2nd depreciation Depreciation is provided at rntes calculated to write off the cost less residual value of each Set over its expected useful life, as follows: FiXttCS, fittings and equipment Motor vehicles 2/0 RethiciDg Balance 25 /0 Strdight Line 1.5. Stock Stk is valued at the lower of cost and net realisablc value. 1.6. Pension costs The charity operdtes a defined contribution pension scheme. Pension charges represent the amounts payable by the charity &$ its contribution to th¢ fund in respect of the year. 1.7. Covernanee & support eosts Govcrnan¢e & support costs are the direct costs of administerlng the Bran¢h. The charity has no office property Costs. 1.8. Expenditure on charitable aclivities The allalysis of expenditLwe by ¢haTitable activities to firther animal welfare in this report identifies the direct operational costs and the support aDd governance costs descrild above. 1.9. Expenditure on raising funds
ROYAL SOCIETY FOR THE PREVEKfioN OF CRUELTY TO AN1Ls Buckinghamshire South Branch- Registsred Charity No. 243352 Notes to the Financi Statements ror the year ended 31 De¢eJDber 2023 . continued Fundraising costs include the full cost of opernting our retail outlets. Tangible fixed Sets re% Motor Fitting5 & vehicle5 Equipment Total Leg•1 Cost At l January 2023 Additions Disposals 76,670 8.106 13.907 90.577 11,980 3.874 At 31 December 2023 3,874 84,776 13,907 102,557 Depreciatio At l January 2023 Charge for the year Diswls 62.858 5,748 13,907 76,765 6,523 775 At 31 December 2023 775 I3,7 83,288 Net book values At 31 December 2023 16.170 19,269 At 31 Decenlber 2022 13.812 13,812 Debtors 2023 2022 VAT Repayable Debtors and prepayments 5.898 14.445 3,200 13,940 20.343 17.140 Credltors: amounts falllng due within one year 2023 2022 Trade creditors Taxes and Social security Accn¥ls 7,705 2.449 3,262 9,485 2.878 13,416 12.363
ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS Buckingbamshire South Branch- Registered Charity L¥0. 243352 Notes to the Finan¢i81 Statements for the yr ended 31 December 2023 . coniinued Unrestricted Funds Unrestricted funds comprise those fiu)ds which the tsSleeS are free to use in accordance with the haritable objects. All funds are Unrestricte Shop Income & Expenditure Princes Risborough Shop Chesham Burnham Totsl Income 49,876 114.137 126,321 290J34 Expense 49,994 85212 60.323 195,529 Surplus (118) 2&925 65,998 9405 Trnsteex, Expenses The Charity Trustees were not paid nor r¢ceived atty other benefits from employment with the Charity tn the year.
ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS Bucknnghamshire South Braneh- Registered Charity 243352 Notes to the Finaneial Stsiements for the year ended 31 December 2023 Shops Detalkd Consolfdated Income & Expendlthre 2022 INCOME Donated go(x]s Merchandise Recycling Cards Business support grants Insurance Claim 271,935 9,019 9.380 251,328 10,220 9291 695 290334 271534 EXPENDITURE Purchases Rent and rdl Light and hcat Repairs & Mainlwwice Refurbishment costs Insurdn¢e Wages Pension Contribution Telephone PIY3tage and stationery Licence fees Trnining CleaDing Sundry expenses Credit card expense Depreciation 9.727 43.082 3225 2508 9.322 40.434 3,123 1,799 1.925 124.011 2.564 1.084 14 570 1,453 101,731 2,024 940 iii 493 573 269 2.461 3516 679 210 1575 3,854 19S529 168,748 SURPLUS 94.805 104786 10
ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS Buckinghamshire Soutb Brnneh- Registered Charity No. 243352 Independent Examiners, Report to the Trustees We report on the accounts for the year ended 31 December 2023 set out on the following pages. Respective responsibilities of trustees 2nd examiner The charity's trustees are responsible for the preparntion of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of th¢ Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: examine the accounts undcr section 145 of the Charities ACL to follow the procedures laid down in the general Directions given by the Charity Comtnission (under section 145{5)(b} of the Charities ACL and to state whether particular matters have come to my attention. Basis of Independent examiner's report Our examination was carried out in accordance with generdl Directions given by the Charity Commission. An cxamination includes a review of the accounting records kq)t by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from the trustees concerning any su¢b matters. The procedures undertaken do not provide all the evid¢nce that would be required in an audiL and consequently no opinion is given as to whether the accounts present a 'trne and fair. view and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my ¢xamination, no matter has come to my attention . which gives me rvdsonable caSe to b¢li¢v¢ that any material respecL the T¢quirements: to keep accounting records in accordance with section 130 of the Charities Act" and to prepare accounts which accord with the accounting records and comply with the accounting r¢quiremenls of the Charities Act have not been met; or l. to which. in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Lane Aecounthig Llmlted Chartered Accountsnts Denmark House 143 High Street Chalfont St Peter Bu¢kinghamshire SL9 9QL