ROYAL SOCIEfY FOR THE PREVENTION OF CRUELTYTOANIMALS Mllton Keynes & North Buckinghamshlre Branch Registered Charity Number: 275415 TRUSTEES, ANNUAL REPORT AND FINANCIAL STATEMENTS Fortheyear Ended 31 December 2025 REFERENCE AND ADMINISTRATIVE DEfAILS Charity Nam Royal Societyforthe Prevention of Crueltyto Animals- Milton Kee3 & North Buckingh8mshirg Branch Re$Ted Charity Numbar: 275415 Trustees who servad duringtha year: Jayne Barciay (Chair) Zoe C(K)kson Isecretaryl Amand8 Perkins (freasurer) Sally Jessop (Animal Welfare) F8lth Bkrtton (HR) R8cheiT8yier Independent Examlner: Sandeep K8ur TRUSTEES'ANNUAL REPORT For the Year Ended 31 December 2025 The Trustees presenttheirAnnual Report and FFnallcial Statementsforthe ye8r ended 31 December 2025. The fin8D¢ial st8tements have been prepared in accordan¢e with: The Charities Act 2011 The Flnanclal Reporting Standard applicable in the UK and Republic of Ireland {FRS 102} The Statement of Recommended Practice: Accounting and Reporting bycharities (FRS 102}
CHAIRIS STATEMENT As the Trust86s present the accounts for the year ended 31 DeceTnber 2025, they reflect on a year of 8UStained challeng8 and continued growth in d8mand for animalwelfare services across MiEton Keyne5 and North Buckinghamshire. Duringthe year under review. the branch experienced the highest18vel of 2nimal intake seen in recentye8r$. Thls reflects both heightened need wtihin the community and continued public confidence in the branch. The Trustees recognisp this trust as both a responsibility and a driverfor maintaining effective. compassionate and sustainable welfare provision. ACTIVITIES AND ACHIEVEMENTS Throughout 2025: 631 anlmais weretaken into care (2024: 4351 Over700 anlmeis were neutered 236 public-owned animals supported via welfare assistance 447 cats rehomed 61 smallanimals rehomed 48 trap. neuter and release cases completed Thesefigures refl8Ct signrficant operational effort and coordinatlon between staff and volunteers. Investmant in communications and social medi8 reduced rehomingtimes and improved placement efficiency. VOLUNTEERS AND STAFF The branch remains approxim8tety 90(%6 volunteer-led. supported by over 100 volunteers across welt8Fe. fostering. retail. administration. fundraising and governance functions. P81d steff, particularly shop managers 8nd asslstants, underpln theflnanclal sustalnability of the branch. Animal coordinators continue to manage complex welfare c88es with professionatism end compassion. GOVERNANCE AND ORGANISATIONAL DEVELOPMENT Th8 branch strengthened govemance through: Establtshment of è skilled Board of Trustees Defined oversight responsibiltties across IT. HR. and Marketing & Communications Enhanced financial monitoring processes 21Page
Strategic declsions duringth8 year Includ8d: Closure of th8 N8w Bradwell 8hop Plans to reopen In 2026 as an onllne dlstributlon hub Reductlon Inw8lfarevou¢her budgets These actlons were undertak8n to safeguard long-term financlal sustainabllity. STRUCTURE, GOVERNANCE AND MANAGEMENT The charity Is governed by its constitution and operates as a branch ofthe Royal Societyfor the Preventlon of Crueltyto Animals. Trustees are appointed based on requlred skius and are responslble for: Strategic diraction Govern8nce oversight Flnancial stewardship Riskmanagement Truste88 are not remunerated. Day-tO•d8y operatlons 8re dellvered by staff and volunt88rs under defined operational roles. RISKMANAGEMENT Key rlsks Identlfled Include: Increaslng dern8ndforservices Income volatility, particularLy legacy Income Rlslngveterinary costs Mitigatlon measures Include: Regular financial monltoring Maintenance of reseNes Diversitication of income streams Deposit management through National Savings & Investments RESERVES POLICY TheTTUSte8s alm to malntain free reserves equival8ntto &£ months of oper8tlng expenditure in order to: M8n8ge income fluctuations Respond to Increased demand Ensure operationalcontinuity Atyaarend, r&sèNes exceeded thetarget range du8to legacylncome r8celved durlngtheyear. 31Page
PUBLIC BENEFIT STATEMENT TheTrustees confirm compllance wlth Sectlon 17 of the Charlti88 Act 2011 and have had due reg8rd tothe Charitycommis8lon'¥ guidancé on publlcbenefft. The ch8rlty déllvers public benèfit through: Preventlon of cruelty to anlmals Rélief of gnlrnal SLrffèrlng PromoOn of responsible pet ownershlp Neutsrlng and wellare assistanca schem8S FINANCIAL REVIEW Flnan¢lal Performance The charity reported a surplus of £83.433 (2024: deflclt £17,925). Totallncome: £468.438 (2024". £314.131) Total exp8nditure: £385,005 {2024.. £332.055) Tre surplus was18rgely attributable to legacy income received duringthe year. Vet6rinarytrestm8nt remains the iarg8St area of expendltur8. Flnanclal Positlon As at 31 December 2025: Unrastrlcted funds: £546,259 RgStrict6d funds: £3,245 Totalfunds: £582,673 Net as8et$ comprised: Fixed assets.. £54,405 Net current assets: £528,268 TheTrustges consid8rth8 ch8rtyto b6 8 goln8concem. 41Page
STATEMENT OF FINANCIAL ACTIVITIES For the Year Endad 31 December 2025 Oonatlons& Legacles Charitable Actlvlt168 161,907 272,317 19,750 12,422 2,042 52.812 227,110 17.656 15,066 1,487 314,131 OthèrTradingActlvltles Investments Other Income TDtalln¢ome 468.438 Ralslng Funds VeterlnaryTreatment Wages and Salaries Rent 4,870 164,411 131.029 3,492 146.037 91,409 29,596 61,521 332,055 27,504 57.191 OtheT Oper8ting Costs Total Expendtture 385.005 Net Movoment In Funds: £83,433 (2024: 217.925 deflcit) Funds Brought Forward: £499,240 Funds Carried Forward.. £582.673 BALANCE SHEET Asat31 December2025 Fixed Assets 54,405 548,400 -20.132 528.268 582.673 66.650 443.475 -10,885 432.590 499.240 CurrentAssets Creditors (due within one ye8r) Netcurrent Assets Total NetAssats 51Pag
Notas to th8 Flnanclal Statomonts 1. Ac¢ountlng poilclas The fln8nclal statements have been prapared underthe hlstorlcal cost conv8ntlon and in accordanc8 with the Charltl98 Act 2011 FRS 102 the Charltie8 SORP (FRS 102) Income Income 18 recognised whenthe charityls entitiedto the Income, recelptls probable, 8ndtheamount can be measured reliably. Expendkure Expenditurels recognised onan accruals basls and Includes irrgcoverableVATwhereappiicable. 2. Funds Fund Balance b/f {£) Movement (£} Balance clf (£) Unrestrlcted 499.240 47,019 546.259 Restrlcted 3,345 Total 499,240 83,433 582.673 3. Stafl costs Totalstaff c08ts for the year w8ra £131,029. 4. Trustee remuneration and expanses No truslees raceived remuneration or expens8s duringthe year. 5. Related partytransa¢tlons There were no related partytransa¢tlon$ duringthe year. 6. Tangible Flxed Assets Depreciatlon 18 provlded on s straight-llne basis overihe estlmated useful iiv6s of the assets. Retall&Offlce Fixture8 and Flttlngs Motor Vehicles Computer Equlpment 5 Year Strsight Line S Year Straight Llnè 6 Year Straight Line 3 Year Straight Line 61P8ge
R0taii&offiee Flxturo$ artd MotorV•hlcEe Computar qulpntènt Catt•ry Totsl Co$torValuAtTon At 1stJan2025 14,092.69 lo,0913 9S7.39 60.487.86 85.839.47 Addltions 227.43 227.43 Disposgl At31 Dec8mber2025 14.0gz.8g 10.091.53 1,194.82 60.487.86 Deprocl8tlon At 1stJan2025 3.097.42 8.479.S9 589.91 6022.93 18289.95 Ellmlnated on Disposat Chargeo(Ih8Y8ar At31 Oec&mber2025 laccumulated depr8¢t8tionl 1.670.17 1,611.84 258.22 8.931. 12.471.93 4,767.J9 10,091.53 848.13 15,754.63 21A61.88 Net Bookvdlu At 1StJan2025 10.995.27 1.611.84 377.48 53.664S3 66.649.52 At310oGgmbpr2025 9,325.10 3d6.69 44,733.23 54,405.02 Approved bythe Board otTruste8s in Juno 2026 and signed on their behalf: Jayne BarclayFCCA Chalr of Trustees 71Page
INDEPENDENT EXAMINER'S REPORT I reportonthe accountsof the ch8rltyfortheyear8nded 31 December2025. In connectlon wfth my 8xamlnatlon, no matter has comè to my attentlon: 1. Whlch g8$ re8sonable c8use to believe that, In any mater181 respect. the requlremènts to k88p accountlng records in 8ccordancewfth sectlon 130 ofthe Chariti88 Act 2011 8ndto prepare accountswhlch accord wlththose records have notbeen m8t; or 2. Towhlch. in myopinlon, Sttention shouLd be drawn in ord8rto enabl8 proper underst8ndlng ofthe accounts. Sandeep Kaur Independent Examiner 81P8ge