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2025-12-31-accounts

Registered Charity Number 243352

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOUTH BUCKS BRANCH

Report and Accounts for the year ended 31 December 2025

AD Pottie & Co.Ltd Chartered Accountants

1 Church Street Fintona Omagh BT78 2BR

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS South Bucks Branch - Registered Charity No. 243352

CONTENTS
Page
Trustees’ Report 1-2
Independent Examiner’s Report 3
Statements of Financial Activities 4-5
Balance Sheet 6
Notes to the Financial Statements 7-10

2

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS South Bucks Branch - Registered Charity No. 243352

Trustees’ report

Our objectives and activities

Our core work and public benefit

Our vision is that no animal should suffer because of financial hardship, neglect, and ill-treatment. Our designated area is South Buckinghamshire, and our main activities are animal re-homing, welfare and neutering services, and education.

Trustee’s statement of responsibilities

The Trustees are legally required to prepare financial statements for each year and an Annual Report on the activities of the charity during the year. The financial statements are prepared in accordance with The Charities Statement of Recommended Practice (SORP) 2015 Financial Reporting Standard (FRS 102) which came into effect from 1 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 judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed; prepare the statements on a going concern basis unless it is inappropriate to assume that the charity will continue to operate and prepare an assessment of the risks and opportunities.

The Trustees are responsible for ensuring that proper accounting records are kept which disclose with reasonable accuracy at any time the financial position of the charity and enable Trustees to ensure that financial statements comply with the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. The Trustees are also responsible for taking reasonable steps for the prevention 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 rules and its branch rules regulate the relationship between the Society and the branches. This branch is established as an unincorporated charitable association, but the RSPCA Council has powers to intervene in a branch’s affairs in certain circumstances. The National Society works closely with the RSPCA branches in delivering animal welfare aims and strategy and provides some financial and other support to the branches.

Public benefit

All charities in England and Wales have charitable aims that are based on providing public benefit and comply with the Charities Act 2011. The trustees pay due regard to Charity Commission guidance on public benefit. Preventing cruelty and promoting kindness to animals promotes humane sentiment 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 financial risks. The trustees identify new and monitor existing major risks in their monthly meetings, consider their potential impact, and take appropriate actions to mitigate or manage such risks.

1

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS South Bucks Branch - Registered Charity No. 243352

At 31 December 2025 the charity held bank accounts with Lloyds, NatWest, Charity Bank, Virgin Money, Redwood, United Trust Bank, and Nationwide.

Financial Review

The accounts (financial statements) have been prepared in accordance with the Statement of Recommended Practice (SORP): 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 Generally Accepted Practice as it applies from 1 January 2015.

The overall income for 2025 was £361,586, which was driven by shop revenues, donations, bank interest, and animal rehoming and so the overall 2025 income was up 2.3% from £353,326 in 2024.

Expenditure increased by 10.1% to £454,856 in 2025, however shop expenditure decreased by 17%, there was a notable increase in veterinary fees, wages & salaries and legal, professional and consultancy fees.

The year’s financial performance shows a net movement in funds of (£93,270), there was also a reduction in funds of £59,705 in 2024.

Detailed strategy sessions have been undertaken in early 2025 to review current operations and agree the five-year strategy for our Branch, with a renewed focus on fundraising initiatives. Our vision remains that no animal should suffer because of financial hardship, neglect, and ill-treatment.

The Trustees are very grateful to everyone involved in the running of RSPCA South Bucks Branch including volunteers, staff, members, and supporters. None of the Branch’s important animal welfare work would be possible without their unwavering support.

Reserves

Our cash reserves were £509,876 at 31 December 2025, which allows us to continue our important work supporting animals and to continue to invest in the future of the Branch. The charity will consider financial assistance for other RSPCA branches in financial difficulties, whilst being aware of the need to hold an appropriate level of financial reserves to support our Branch area.

We hold mostly unrestricted funds, with the exception of a grant from the RSPCA Regional Board for rabbit fostering equipment received in 2024.

The charity's reserves policy is to maintain a level of free reserves that will enable the charity to ensure a continuity of activity and be able to respond to significant external economic changes and demands on services provided by the charity.

.................................................. Steven Horder (Chair) On behalf of the Trustees of RSPCA South Bucks Branch

2

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS South Bucks Branch - Registered Charity No. 243352

Independent Examiners’ Report to the Trustees

We report on the accounts for the year ended 31 December 2025 set out on the following pages.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:

Basis of independent examiner’s report

Our examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept 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 such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true 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 examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in, any material respect, the requirements:

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

  4. have not been met; or

  5. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

AD Pottie & Co.Ltd Chartered Accountants 1 Church Street Fintona Omagh BT78 2BR

3

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS South Bucks Branch - Registered Charity No. 243352

Statement of Financial Activities for the year ended 31 December 2025

2025
Notes
£
£
£
INCOME
DONATIONS & LEGACIES
Re-imbursed Vet/Board costs 2,800
Subscriptions and collecting boxes 779
Donations and fund-raising events 31,621
Gift Aid
294

Legacies
55,090

______
90,585
INCOME FROM CHARITABLE ACTIVITIES
Re-Homing income 14,878
INCOME FROM INVESTMENTS
Interest receivable 19,335
INCOME FROM TRADING ACTIVITIES
Shops Income
7226,911
OTHER INCOME4,127
PROFIT ON SALE VAN5,750
TOTAL INCOME
361,586		 2024
£
14,557
1,527
33,300
759
75
______
50,218
11,365
20,542
269,967
1,234
-
353,326

4

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS South Bucks Branch - Registered Charity No. 243352

Statement of Financial Activities for the year ended 31 December 2025

2025
Notes
£
EXPENDITURE
DIRECT CHARITABLE EXPENDITURE
HQ quota
-
Animal boarding & equipment
8,935
Veterinary fees
95,997
Veterinary supplies
6,937
Depreciation
3,569
__
EXPENDITURE ON RAISING FUNDS
Advertising & fund raising
1,972
Telephone
2,597
Van expenses
3,973
Equipment
435
Storage
4,162
Printing, stationery and postage
803
Bank charges
644
Shops Expenditure
7
183,512
_

GOVERNANCE & SUPPORT EXPENDITURE
Wages & salaries
110,292
Pension Contributions
2,151
Staff uniforms & ID
272
Depreciation
645
Meeting costs
1,206
Data Processing
1,180
General expenses
205
Travel expenses
3,937
Insurance
283
Legal, professional and consultancy fees
11,179
Annual Report expenses
1,046
Accountancy & Bookkeeping
8,924
___
TOTAL EXPENDITURE

Fund movement for the year
Unrestricted Funds brought forward
Restricted funds
TOTAL FUNDS CARRIED FORWARD		 £
115,438

198,098

141,320
454,856

______
(93,270)
676,587
7,610
______
590,927
 2024
£
551
10,032
62,242
4,489
3,932
__
2,855
2,341
3,018
2,017
3,720
748
192
221,197
_
74,647
1,954
1,892
545
1,297
948
772
2,793
176
7,808
1,185
1,680
___
 £
81,246
236,088
95,697
413,031
______
(59,705)
736,292
8,338
______
684,925

5

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS South Bucks Branch - Registered Charity No. 243352

Balance Sheet as at 31 December 2025

2025
Notes
£
£
Fixed Assets
Tangible assets
2
85,299
Current Assets
Stocks
2,074
Debtors and prepaid expenses
3
18,269
Cash at bank and in hand
509,876
__
530,219
Creditors: amounts falling
due within one year
4
(24,591)
_
Net Current Assets
505,628

Total Assets Less Current
Liabilities
590,927

Unrestricted funds brought forward6
676,587
Restricted funds5
7,611
Fund movement for the year
(93,270)

TOTAL FUNDS CARRIED FORWARD
590,927
___
These accounts were approved by the board of trustees on …………………..………
their behalf by:
22nd July		 2024
£
£
65,506
2,074
24,255
618,998
__
645,327
(25,908)
_
619,419

648,925

736,292
8,338
(59,705)

684,925
___
2026 and signed on

................................................... Steven Horder (Chair)

6

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS South Bucks Branch - Registered Charity No. 243352

Notes to the Financial Statements for the year ended 31 December 2025

1. Accounting Policies

1.1. Basis of Accounting

The financial statements have been prepared under the historical cost convention, as modified by the revaluation of investments to market value. The accounts (financial statements) 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 Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.

1.2. Reconciliation with previous Generally Accepted Accounting Practice (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 restatement of comparative items was needed. At the date of transition, in applying the requirement to recognise liabilities arising from employee benefits, no material liability was recognized in respect of employee entitlement to paid annual leave. No other restatements were required.

1.3. Income and expenditure

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

1.4. Tangible fixed assets and depreciation

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life. During 2024 these where reviewed and are now as follows:

Leases legal fees - over the remaining duration of the leases

Fixtures, fittings and equipment - 10% Reducing Balance Electronic equipment - 20% Reducing Balance Motor vehicles - 25% Straight Line

1.5. Stock

Stock is valued at the lower of cost and net realisable value.

1.6. Pension costs

The charity operates a defined contribution pension scheme. Pension charges represent the amounts payable by the charity as its contribution to the fund in respect of the year.

1.7. Governance & support costs

Governance & support costs are the direct costs of administering the Branch. The charity has no office property costs.

1.8. Expenditure on charitable activities

The analysis of expenditure by charitable activities to further animal welfare in this report identifies the direct operational costs and the support and governance costs described above.

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ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS South Bucks Branch - Registered Charity No. 243352

Notes to the Financial Statements for the year ended 31 December 2025

.................... continued

1.9. Expenditure on raising funds Fundraising costs include the full cost of operating our retail outlets.

2. Tangible fixed assets

Lease
Fixtures,
Legal
Fittings &
Fees
Equipment
£
£
Cost
At 1 January 2025 5,174 146,173
Correction prior year
Additions -
28,008
Disposals -
-
__
_
At 31 December 2025 5,174
174,181
_
Depreciation
At 1 January 2024 2,849
82,992
Correction prior year
Charge for the year 775
13,940
Disposals -
-
_ _
__
At 31 December 2025 3,624
96,932
_

Net book values
At 31 December 2025 1,550
77,249


At 31 December 2024 2,325
63,181

___
3.
Debtors

VAT Repayable
Debtors and prepayments
4.
Creditors: amounts falling due
within one year
Trade creditors
Taxes and social security
Accruals
 Motor
Total
vehicles

£
£
-
151,347
6,500
34,508
-
-
__
_
6,500
185,855
_
-
85,841
-
14,715
-
-
_

-
100,556


6,500
85,299

__
-
65,506
__

2025 2024
£
£
8,250
8,121
10,019
16,134


18,269
24,255


2025
2024
£
£
15,910
22,521
5,235
-
3,446
3,387

___
24,591
25,908

8

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS

Notes to the Financial Statements for the year ended 31 December 2025

.................... continued

5. Restricted Funds

During the 2024 tax year a grant of £8,717.00 was received from central RSPCA for the purchase of new rabbit equipment. This is being released to the statement of financial activities over the useful economic life of the assets. During the year £517 was released leaving a funds balance of £7,610 at 31 December 2025.

6. Unrestricted Funds

Unrestricted funds comprise those funds which the trustees are free to use in accordance with the charitable objects.

7. Shop Income & Expenditure

Shop Princes
Risborough		 Chesham Burnham Total
£ £ £ £
Income 7,426 96,754 122,731 226.911
Expense 17,081 97,550 68,881 183,512
Surplus (9,655) (796) 53,850 43,399

8. Trustees’ Expenses

The Charity Trustees were not paid nor received any other benefits from employment with the Charity in the year. Reasonable expenses for travel, subsistence and incidentals reimbursed to 6 trustees during the year are included in Governance and Support Costs.

9

ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS South Bucks Branch - Registered Charity No. 243352

Notes to the Financial Statements for the year ended 31 December 2025

………….continued

Shops Detailed Consolidated Income & Expenditure


INCOME
Donated goods
Merchandise
Recycling
Fundraising
Gift Aid
EXPENDITURE
Purchases
Rent and rates

Light and heat
Repairs & Maintenance
Rubbish collection
Insurance
Wages
Pension Contribution
Telephone
Postage and stationery
Licence fees
Cleaning
Sundry expenses
Credit card expense
Depreciation
Legal fees
SURPLUS		 2025
£
202,566
3,585
2,123
407
18,230
__
3,300
36,958
2,891
3,292
4,385
3,143
110,313
2,351
894
207
648
290
1,465
2,727
10,501
147
____
£


226,911



183,512
______
43,399
 2024
£

243,205
7,212
4,411
1,893
13,246
__
10,189
42,769
3,163
2,429
2,913
2,334
137,336
2,772
1,213
124
622
409
320
2,794
11,810
-
____		 £
269,967

221,197
______
48,770

The notes on the following pages form an integral part of these accounts.

10