## ## ||Page|| |---|---|---| |Report ofthe Trustees|1 to|13| |Report ofthe Independent
Auditors|14 to|17| |Statement of Financial Activities|18|| |Balance Sheet|19|| |Cash Flow Statement|20|| |Notes to the Cash Flow Statement|21|| |Notes to the Financial Statements|22 to|34| |Detailed Statement
of Financial Activities|35 to|36| |Appendix 1|37 to|40| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Sta e
tof
'
c'alActlvi
'es
f r
Y ar Ended 31D
r2021|||||| |---|---|---|---|---|---| |||||31,12,21|31.12.20| |||Unrestricted|Restricted|Total|Total| |||funds|funds|funds|funds| ||Notes|E|E|6|E| |INCOME AND ENDOWMENTS FROM
Donations
and legacies|2|698,916|47,057|745,973|634,900| |Charitable
activities
Charitable
activities||88,448|357,086|445434|354269| |Other income
Other trading activities
Otherincome|3|890,079
2,373||890,079
2&373|601,24S
1,064| |Total||1,679,816|404,143|2,083,959|1,591,481| |EXPENDITURE ON|||||| |Charitable
activities
Charitable
activities
Raising funds||482&951
837,827|408,813
426|891&764
838,253|908,572
733,715| |Total||1&320,778|409,239|1,730,017|1,642,287| |Net gains on investments||7,135||7,135|| |NET INCOMEI(EXPENDITURE)||366&173|(5&096)|361,077|(50,806I| |RECONCILIATION
OF FUNDS|||||| |Total funds brought forward||993,139|31S,520|1W8,659|1,359,465| |TOTAL FUNDS CARRIED FORWARD||1,050,011|330~$|3,6$0.75$|1,30$,650| ## |~EI
0
I|||||| |---|---|---|---|---|---| |3~1D
0
2021|||||| |||||31.12.21|31.12.20| |||Unrestricted|Restricted|Total|Total| |||funds|funds|funds|funds| ||Notes|E|E||E| |FIXEDASSETS
Tangible assets
Investments|10
11|20S,628
307135
9|147,947|353,575
307,135|373,168| |||512,763|147,947|660,710|373,168| |CURRENT ASSETS
Debtors
Cash at bank and in hand|12|184,718
746,139|19,3S7
177,262|204,075
923,401|301,982
704,687| |||930,857|196,619|1,127,476|1,006,669| |CREDITORS
Amounts
falling due within one year|13|{84,308)|{34,142)|{118J50)|{71,178)| |NET CURRENT ASSETS||846,S49|162,477|1,009,026|935,491| |TOTAL ASSETS LESS CURRENT UABILITIES||1,359,312|310,424|1,669,736|1,308,659| |NET ASSETS||6355522|510.424|1669936|1,303 659| |FUNDS|15||||| |Unrestricted
funds||||1,%%9,312|993,139| |Restricted funds||||310,424|315,520| |TOTALFUNDS||||1,669,736|1,308659| ## ## |for
h
Year Ended 31 D
er 021||||| |---|---|---|---|---| ||||31.12.21|31.12.20| ||Notes|||E| |Cash flows from operating
activities
Cash generated
from operations
increase/(Decrease)
in provisions||1|539,622|(139,164)
(35,344)| |Net cash provided
by/(used
in) operating||activities|~539 622|| |Cash flows from investing activities
Purchase oftangible fixed assets
Purchase offixed asset investments|||(26,500)
(300,000)|(18,110)| |Sale oftangible fixed assets|||5492|| |Net cash used in investing
activities||||(18,110)| |Change
in cash and cash equivalents
the reporting
period|ln||218,714|(192,618)| |Cash and cash equivalents
at the
beginning of the reporting
period|||?04,687|897,305| |Cash and cash equivalents
atthe,end
ofthe reporting
period|||923~1|704,687| ## |o the
as
low Statem
nt
e
r
e 3
De
m
r2D21|o the
as
low Statem
nt
e
r
e 3
De
m
r2D21|o the
as
low Statem
nt
e
r
e 3
De
m
r2D21|||||| |---|---|---|---|---|---|---|---| |RECONCIUATION
OF NET INCOME/(EXPENDITURE)|||TO NET CASH FLOW||FROM OPERATING||| |ACTIVITIES|||||31.12.21|31.12.20|| ||||||f||f| |Net income/(expenditure)
for the reporting
Statement ofFinancia I Activities)||period|(as per the||361,077||(50,806)| |Adjustments
for.
Depreciation
charges
(Gain)/losses
on investments
Profit on disposal of fixed assets
Decrease/(increase)
in debtors|||||44,270
(7,135)
(3,769)
97,907||40,633
100
(96,307)| |Increase/(decrease)
In creditors|||||47,272||(32,784)| |Net cash provided
by/(used|in) operations||||518,622|(139.164)|| |ANALYSIS OF CHANGES IN|NET FUNDS||||||| ||||At|1.1.21|Cash flow|At|31.12.21| |||||f|f||f| |Net cash|||||||| |Cash at bank and in hand|||704687||218,714||923,401| ||||704,687||218,714||923,401| |Total|||704,6S7||218,714||923,401| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |LESACIES||| |---|---|---| |DONATIONS
AND|31.12.21|31.12.20| ||6|E| |Legacies and trusts
Donations
Subscrlptions|1,000
278,551
1,356
151&673|15,084
11,220
1,354| |Kickstart grant
Furlough
grants - Retail
Local authority
grants
Furlough
grant -welfare
Door grant
Emergency grant
Donations
Pets At Home
Profit on disposal offixed assets
Special collections and fundraislng|76,576
149,85$ 12,811
96,536
(40,000)
5,653
3,769
8184|123,443
255,715
50,395
125,865
40,000
7¹1
11,083| ||145,973|634,900| ## ## |TRADIN6|ACTIVITIES||||| |---|---|---|---|---|---| |OTHER||||31.12,21|31.12.20| |||||E|E| |Shop income||||890079|601,248| |||||999.9&9|99&,249| |INCOME FROM CHARITABLE ACTIVITIES||||31.12,21|31.12.20| |||||E|E| |Contacts for services with other||RSPCA branches||47,536|1,433| |Lend a paw save
Animal fostering
Free catneutering|an animal donations
and rehomlng
and rehoming
scheme||scheme income|3,186
47,033
347,779|4,280
48,979
293,577| |||||445,S34|354,269| ## ## ||||Support|| |---|---|---|---|---| |||Direct|costs (see|| |||Costs|note 6L|Totals| ||||f|f| |Charitable
activities
Raising funds||882,301
821620|9,463
16,633|891,764
838,253| |||1,700,021|26006|I78II 017| ## |SUPPORT|COSTS|||| |---|---|---|---|---| ||||Governance|| |||Management|costs|Totals
f| |Charitable
activities
Raising funds||6,772
12~¹|2,691
4,209|9,463
16,633| |||19,196||26,096| ## ## ## ## ## ## |STAFF COSTS|||||||||| |---|---|---|---|---|---|---|---|---|---| ||||||||2021|2020|| ||||||||E|E|| |Remuneration
Employer's
National
Insurance
net ofEmployment
Employer's
pension contribution
Key management
personnel
remuneration|||||Allowance||666,007
32,484
9,226
52,117|622,927
30,041
8,351
45,882|| |Average
number offull time equivalent|||employees||||||31| |The average monthly
number ofemployees||||during|the year|was as follows|||| ||||||||31,12.21|31.12.20|| |Employees|||||||46||44| |No employees
received emoluments||in|excess off60,000.||||||| |COMPARATIVES FORTHE STATEMESIT|||OF|RNANCIAL ACTIVITIES|||||| |||||||2020|2020||2020| |||||||Unrestricted|Restricted||Total| |||||||funds|funds||funds| |||||||6|f||E| |INCOME AND ENDOWSIIENTS
Donations and legacies|FROM|||||560,098|74,802||634,900| |Charitable
activities
Charitable
activities||||||45,907|308,362||354,269| |Other income|||||||||| |Other trading activities
Other income||||||601,248
936|128||601,248
1,064| |Total||||||1,208,189|383292|1|591481| |EXPENDITURE ON|||||||||| |Charitable
activities|||||||||| |Charitable
activities||||||448,965|459,607||908,572| |Raisingfunds||||||733,715|||733,715| |Total||||||1c182&680|459&607|1r642&287|| |NET INCOME/(EXPENDITURE)||||||25,509|{76,315}||(50,806)| |RECONCILIATION OF FUNDS|||||||||| |Total funds brought forward||||||967,630|391,835|1,359,465|| ## |for th|e Year Ended
D ce
ber
02|e Year Ended
D ce
ber
02|e Year Ended
D ce
ber
02|| |---|---|---|---|---| |9.|COMPARATIVE5
FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued
Unrestricted
Restricted|||Total| |||funds
E|funds
f|funds
f| ||TOTAL FUNDS CAIlRIED FORWARD|993,159|315,515|1359959| |10.|TANGIBLE FIXED ASSET5|Freehold|Long|Plant and| |||property
f|leasehold
f|machinery
f| ||COST
At1January 2021
Additions
Disposals||326,468|75,437
26,500
$18,730)| ||At 31December 2021||326,468|83,207| ||DEPRECIATION|||| ||At 1January 2021
Charge for year
Eliminated
on disposal|1,000
1,000|278,300
29,252|57,239
13237
(16,907)| ||At31December 2021||307,552|53,569| ||NET BOOK VALUE|||| ||At31December 2021|298,000|9
18916|29,638| ||At 31December 2020|299,000|48,168|18,198| ## ## |TANGIBLE FIXED ASSETS-continued|||| |---|---|---|---| ||Fixtures||| ||and|Motor|| ||fittings|vehicles|Totals| ||E|E|E| |COST
At 1January 2021
Additions|38&646|8,204|748,755
26,500| |Disposals|||| |At 31December 2021|38,646|8204|?56,525| |DEPRECIATION
At 1January 2021
Charge for year
Eliminated
on disposal|31,226
742|7,822
3$|375,587
44,270
(16,907)| |At31December 2021|31,968|7,861|402,950| |NET BOOK VALUE
At31December 2021|6678||353,575| |At 31December 2020|7,420|382|373,168| ## ## |FIXEDASSET INVESTMENTS|| |---|---| ||Unlisted| ||investment| ||E| |MARKET VALUE|| |Additions
Revaluations|300,000
~7135| |At31December 2021|$07,1$$| |NET BOOkVALUE|| |At31December 2021|307,135| |At 31December 2020|| ## |||||Unlisted| |---|---|---|---|---| |||||investment| |||||E| ||Valuation|in 2021||307,135| |12.|DE$TORS||$1.12.21|31.12.20| ||||E|E| ||Amounts
falling due within one year:
Other debtors||$5,6$6|23,206| ||Government
debtors||4,462|34,716| ||VAT||19,249|14,399| ||Prepayments
and accrued income||107,42$|184,806| ||||166,$25|257,127| ||Amounts
Leasehold|falling due after more than one year:
deposits|$7,2$0|44,855| ||Aggregate|amounts|204,075|301,982| ## ## ## ## |CREDITORSAMOUNTS|F|ALLINGDUE WITHIN O|NE YEAR||| |---|---|---|---|---|---| |:||||31.12.21|31.12.20| |||||f|f| |Trade creditors
Other creditors||||28,919
89,531|50,033
21,145| |||||118450|71,178| |LEASING AGREEMENTS|||||| |Minimum
lease payments||under non-cancellable|operating|leases fall due as follows:|| |||||31,12.21|31.12.20| |||||f|f| |Within one year
Between one and Ave years
in more than five years||||341,227
1,111,500
339,08S|327,881
928,927
453,421| |||||1,791,919|1,719,229| ## ## |MOVEMENT IN FUNDS||||| |---|---|---|---|---| |||Net|Transfers|| |||movement|between|At| ||At1.1.21
f|in funds
f|funds|31.12.21
f| |Unrestricted
funds
General fund
Designated
fund|704,SSS
288&542|366,173|(660,675)
660,675|410,096
949,216| ||993,139|366,173||1,359,312| |Restricted funds
C4fund
Enfield fund
Richmond fund|39,94$ 188,674
S6,903|65,278
(43,3$5)
~27,999}||105,221
145,339
59,864| ||$15&520|(5&096)||310,424| |TOTAL FUNDS|1&NI8,659|$61,077||1,669,736| ## |Net movement
In funds, include|d
in the above are as foll|ows:||| |---|---|---|---|---| ||Incoming|Resources|Gains and|Movement| ||resources
E|expended
E|losses
f|in funds
E| |Unrestricted
funds
General fund|1,679,816|(1,320,778)|7,135|366,173| |Restricted funds
C4fund
Enfield fund
Richmond
fund|S52,980
25,271
25,892|(287,702)
(68,606)
(S2,9S1)||65,278
(43,335)
(27,039)| ||404,143|{409,239)||(5,096)| |TQTALFUNDS|8000,950|IB.BM,087)|7 595|~61,077| ## |||||Net|Transfers|| |---|---|---|---|---|---|---| |||||movement|between|At| ||||At 1.1.20|In funds|funds|31.12.20| ||||f|f||E| |Unrestricted||funds||||| |General fund|||785,&87|25,509|(106,798)|704,598| |Designated||fund|181,743||106,798|288,541| ||||967,630|25,509||993,139| |Restricted|funds|||||| |C4fund|||44,665|(4,722)||39,943| |Enfield fund
Richmond
fund|||241,172
105l)90|(52,498)
~19,085)||1S8,674
86,903| ||||391,835|{76,315)||315,520| |TOTAL FUNDS|||L959.905|)50,800)||1,308659| ## ## |Comparative
net movement
in funds, i|nduded
in the above are as follo|ws:|| |---|---|---|---| ||Incoming|Resources|Movement| ||resources|expended|in funds| ||E|E|E| |Unrestricted
funds
General fund|1,208,189|(1,182,680)|25,509| |Restricted funds
C4 fund
Enfield fund
Richmond
fund|293,577
50,371
39,344|(298,299)
(102,869)
(58,439)|(4,722)
(52,498)
(19,095)| ||383,292|(459,607)|(76,315)| |TOTALFUNDS|1,991,481|(2,642,2877|(50,806)| |A current y|e|ar 12months and p|rior year 12months combi|ned
position is|as follows:|| |---|---|---|---|---|---|---| |||||Net|Transfers|| |||||movement|between|At| ||||At 1,1,20|in funds|funds|31.12.21| ||||E|E|E|E| |Unrestricted||funds||||| |General fund
Designated
fund|||785,887
181,743|391,682|(767,473)
767,473|410,096
949,216| ||||967,630|391,682||1,359,312| |Restricted|funds|||||| |C4fund|||44,665|60,556||105,221| |Engeld fund
Richmond
fund|||241,172
105,998|(95„833)
7461347||145,339
59,864| ||||391,835|(81,411)||310,424| |TOTALFUNDS|||1359,465|310271||1,669,736| ## ## |the above ar|e as follows;||||| |---|---|---|---|---|---| |||Incoming|Resources|Gains and|Movement| |||resources|expended|losses|in funds| |||E||E|E| |Unrestricted
Generalfund|funds|2,888,005|(2,503,458)|7,135|391,682| |Restricted funds
C4fund||646,557|(586,001)||60,556| |Enfield fund||75,642|(111,475)||(95,833)| |Richmond
fund||65,236|(111,37D)||(46,134)| |||787,435|(868,846)||(81,411)| |TOTALFUNDS||~,575,440|J3,~72,304)|7,135|510,271| ## ## |separate
registered
charity from the ma
separately
managed
and financed|in RSPCA and fro|m other|RSP|CA Branches an|d Branches a| |---|---|---|---|---|---| |||2021|||2020| |Related party Income|2021Total|Debtors||2020Total|Debtors| ||E|E||E|| |Branch Emergency
Fund Grant from|||||| |pooled RSPCA Branch Funds|(40,000)|||40,000|| |Door grant from RSPCA HQ|96,536|||125,865|| |Neutering
grant from RSPCA HQ|2,097|||1,547|| |C4Albekier Legacy from RSPCA HQ|73,826|||77,020|55,141| |C4 Regional Board Grant from RSPCA|||||| |HQ|7,500|||7,500|7,5DD| |C4donations from RSPCA branches|49,005|2+16||21,970|6,148| |RSPCA Branch contracts for services|47,536|7,090||1,308|5,383| |RSPCA Membership
subscriptions|1,356|||1,354|| |||2021|||2020| |Related party expenditure|2021Total
4|Debtors
E||2020Total
f|Debtors
4| |RSPCA Trading
Ltd purchases||||3,409|| |RSPCA HQ purchases ofveterinary|||||| |drugs and consurnables|62,756|13,9D5|||5,968| |RSPCA Finsbury Park Hospital|||||| |veterinary
services|6,525||658|4,985|| |RSPCA Hillingdon
branch|2,500|2,500|||| ## |expenditure
on pro|jects.|||| |---|---|---|---|---| ||||2021|2020| ||||Unrestricted|Unrestricted| |Capitalised
equipment
and leasehold
improvements
revaluation
reserve
Cash deposits held by landlords
ofunit and charity
Potentialredundancy
costs at31December 2021||and part
shops|205,630
37p250
66,338|187,465
44,855
56,221| |Money unavailable|for expenditure
at 31December|2021|309,218|288,541| |Agreed
in principle|Enfield Development
Fund||aut,oaa|| |Total Designated
Funds|||949,218|288,541| ## |
fortheYear
ed31Dcmb r|2021|||| |---|---|---|---|---| |
|||31.12.21|31.12.20| ||||f|f| |INCOME AND ENDOWMENTS||||| |Donations and legacies
Legacies and trusts
Donations
Subscriptions
Kickstart grant
Furlough
grants - Retail
Local authority
grants
Furlough
grant - welfare
Door grant
Emergency
grant
Donations Pets At Home|||1,000
278&551
1,356
151,673
76,576
149,858
12,817
96,536
(40,000)
S,653|15,084
11&220
1,354
123,443
255,715
50,395
125,865
40,000
741| |Profit on disposai offixed assets|||~ '&69|| ||||745,973|634,900| |Other trading acdvttles
Shop income|||&90&079|601,248| ||||890,079|601,248| |Charitable
activities||||| |Contacts for services with other|RSPCA branches||47,536|7,433| |Lend a paw save an animal donations
Animal fostering
and rehoming
and rehoming
Free cat neutering
scheme||scheme income|3,186
47,033
347,779|4,280
48,979
293,577| ||||445,534|354,269| |Other income||||| |Otherincorne|||81|1,064| |Investment
income|||2,292|| ||||2,373|1.064| |Total incoming resources|||2,083,959|1,591,481| |Detai
d
tatement|Fi|i|I Acti|i ies||| |---|---|---|---|---|---|---| |for the Year Ended 31|December 2021||||31.12.21|31.12.20| |||||||E| |EXPENDITURE||||||| |Raising funds
Shop costs
Fundraising
costs
Fundraising
and support|||||S11,231
10,389
16,633|725,279
216
8,220| ||||||838&253|733,715| |Charitable
activities
Fostering and animal
Animal centres costs
Other Vet fees|costs||||201,272
351,592
275,977|173,551
396,361
293,157| |Emergency
boarding
Clinic fees|fees||||2,865
2,500|3,524| |Fieldworkers'
costs|||||30,019|31,842| |Donations|||||13,110|1,000| |Printing, postage and
Support costs|stationery||||4,906
9,463|3,550
5,567| ||||||891,764|908,572| |Total resources expended|||||1,730,017|1,642,287| |Gain/(Loss)
on investments|||||7,135|| |Net income/(expenditure)||||||| ## ## ## ## ## ## ## ## ## ##