**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.
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## **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:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, 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 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:
- 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 requirements of the Charities Act
- have not been met; or
2. 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
**7**226,911
**OTHER INCOME**4,127
**PROFIT ON SALE VAN**5,750
**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 forward**6**
676,587
Restricted funds**5**
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)
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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**
## **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
|
|---|---|
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## **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.
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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
## **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.**
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