RSPCA South London Branch Re8jStered Chariry No. 276861 THE ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS SOUTH LONDON BRANCH - CHARITY NUMBER 276861 UNAUDrrED TRUSTEES ANNUAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2023 RSPCA SOUTH LONDON CONTENTS P4• Tntsiees. rewt Indep•ndent oxamin*6 rwrt 13 Statemfrnt ￿ finBncial acl 14 881onc• sheet 15 Noles to th• finartk41 staknrnnls 16.26 The Trustees present their annual rewrt together with the financral stalements of the charity for the year 1 January 2023 to 31 December 2023. POLICIES AND OBJECTIVES The object of the charity is to prcffnole kindness and good care. and prevent or suppress cruetty to animals by all lawfvl means wilh particular reference to the area of the Branch, in accordance with the policies of the Society. REFERENCE AND ADMINISTRATIVE DETAILS The Royal Society for Ihe Prevention of Cruelty to Animals South London Branch of 267 Lower Addiscombe Road, Croydon. CRO 6RD is registered with the Charity Commisslon under charity number 276861 and is governed by the rules and regulations laid down by the Royal Society for the Prevention of Cruelty to Animal$ {RSPCA). Trustees". The trustees who served during the year were as follows: The fdlowing Trustees were appointed at the Branch AGM: Lindsey Bartling Ireknappoinled 26 June 2023. originalty ccpopted 30 November 20201 William Linsdell {re-appointed 26 June 2023. originally Ccfropled 29 November 20211 Rahul Mehra {re-appoinled 26 June 2023. originally c04JPted 8 ju￿ 2022) Karen Brodie (re-appointed 26 June 2023, orwJinally co-opted 30 NoVem￿r 2020) Lauren Mccaughley {re-appoinled 26 June 2023. originally appoinledl 31 January 2022) Amanda Scott (re-appointed 26 June 2023. originally appointed 13 January 2020} Rachel Lynch Ire-appoinled 26 June 2023. originally appointed 13 January 20201 Charlotte Orsborn-stevens Ire-appoinled 26 June 2023, originally appointed 13 January 2020, resigned 18 Augusl 20231 Kieran 8um {revappoint8d 26 June 2023. originally ctropted 28 February 20221 Hulita Ofa resigned prior to re-appointmenl on 26 June 2023 loriginalty ctropted 28 November 20221 Kelli Nelson was elected by repl3￿ment on 30 October 2023 Charlty reglslered number 276861 Prlnclpal office 267 Lower Addiscombe Road Croydon CRO 6RD Independent examlner Timothy Buttifanl ACA Famell Clarke Evolution House Iceni Court Delft Way Norwich NR6 6BB Bankers.. Natsvest Bank PIC Whitgrfl Centre Branch. 40 Whitgift Cent￿, Croydon. Surrey, CR9 38Q Barclays Barclays Bank Plc. Chiche$t8r 2. Leicester, LE87 288 HR Advice.. Acton Jennings LLP The Old Co operative Building. 53 Wesffi8ld Road. Horbury. Wakeffield. West Yorkshire. WF4 6HU Payroll.. Three Counties Payroll Unit 7 Ball Mill Top. Halk)w, Worcester, WR2 6LS Independent examlner-. The 8ranch has an annual lumover of18ss than £1,000,000 so does not require an 8udll but an independenl examination. This was undertaken by Famell Clarke, Evolution House, Iceni Court. Delft Way. Norwich, NR6 6BB. STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is consliluted as an unincorporated assoctation. The charity op8rales 8$ a separately registered Branch of the RSPCA subject to its rules for Branches (as updated in 20231. In the nomial course of business, Committee members are elected at every Annual General Meeling, from the members of the Branch. to cary on the work for the ensuing year. Candrdates musl receive 50•h of the votes of the members present. Th& elected Branch Committee can C04)pt not more than Ihree members onto the Committee until the next annual gen8Tal meeting. All Committee members must be Society members for a minimum of three months on appoinlmént. The Committee members are trustees of the Branch and are briefed on their responsibilities as Iwstees prior to their acceptance of the role. The trustees hold regular meetlngs al whir* declsions are m&Je and conveyed to staff for actlon. The day to day running ol the shops (currentiy four shops, situated in T￿lIng, Caterham, Croydon & Crystal Palace) is delegated to the Shop Managers, via the Branch Manager. Th8 animal welfare work is also delegated lo Ihe Branch Manager. RISK MANAGEMENT As part of our ongoing commitment to reviewing and miligating against the potential risks that the chanty faces, the trustees have created a risk register. The purpose of this is to predict any risks Ihal the charity may face and take preventative steps to mitigate againsl any adverse '•w•tb impact. In addition to the risks faced by the charity, the trustees have also taken steps to mitigate against any risks that our staff and voluntèers may face during the course of their duties. Th8 Irustees have developed a lone worker policy lo support our staff and volunteers to fe81 safe and supported at work. Staff and volunteers We￿ also required to und6rtake a package of training to ensure that staff and volunteers feel equipped to manage any incidents thal may occur during the course of their duties. This included first aid training, health and safety training and fire safely. The Branch carried out a risk assessment in 2021, which remains under periodic review, and idenlrfied the following risks which are ongoing: Loss of income through error or fraud Loss of reputation Loss of income through outside forces Insufficient trustees to continue Insuffi¢ienl volunteers to fundraise Risk of claims by volunteers or the public Adverse publicity Risk of inadvertent non￿mplIance with complex bgislation such as GDPR Insufficient suitable homes for Ihe anirnals rescued and rehabilitated, particularty the elderfy and abused Health and safety of staff and volunteers worf(ing with abused and neglected animals and their owners in the most difficult afeas of animal welfare Insufficient resources to help all the animals that need us. The reality of animal r8scue in London is Ihat all our resources and those of other charities are always ovepwhelmed with many more animals needing our help than can be accommodat8d. The trustees have a human resources and health and safety contract Acton Jennings LLP for advlce and support. We appointed tsvo lemporary truslees in early 2024. who have specific risk & compliance experience. A new risk assessment with mitigations will be carried out in 2024. STRATEGIC AIMS AND OBJECTIVES, PUBLIC BENEFIT STATEMENT AND PRINCIPAL ACTIVITIES Th8 object of the charity is to promote kindness and good care and prevent or suppress cruelty lo animals by all lawfvl means with part￿lar reference lo tho area of the Branch, in accordance with the poli￿e5 of the Society. Our aCtivit￿S to achieve the objectives include the following- To provide veterinary welfare assistsnce for those on low incomes. This work benefits pet owners vtho cannot assist their pets themselves and are distressed to witness their pet suffering. The trustees have devebped a policy which will seek to provide support Ih veterinary bills lo those on a tow income but not necessarily in receipt of welfare payments. The trusiees identified that there were a proportion of people in our branch area who may r￿t be able to receive supp)rt y￿th their bills, but they are still struggling financially and wouhy be considered as being "in work povety". The trustees have approved and put into place Ihe-Help with Vels Bills" policy which seeks to support this group of people and ensure that the weware of their pets paramount. To provide neutering and microchipping facili￿S for those on low incom6s. This work benefits those members of the public on low income by giving them financial help and promoting responsible pet ownership. Neutering has both behav￿ural and health benefits for the animal which in tum b6neffts the owner. To support Ihe Societys Inspectorate in t￿￿1r I￿rk providing financial assistance and èmergency accommodation for mistreated or abandoned animals, including pets whose owners suffer ill health or financial difficulties or pass away. The Societ￿s inspectorate, as well as providing education, infomation and advic8. rescues animals in distress and enforces laws against the cruel mistreatment of animals in England and Wales by bringing prosecut￿)n￿. This work is key to Ihe prevention or suppression of cruelty, part of the RSPCA objects and promotes humane sentiments towards animals which Involves moral benèfrt to humankind as a vknokg. Thè National Call Centre accepts complaints about animals in distress frcwn 7am to 10pm. every day of the year and the public benefits by being able to call in for help whèn an animal is suffering, which can be very distressing for humans to witness and feel powerless to help. To accept stray and owned animals for rehoming. Animals in our care receive vetèrinary treatment, vaccination. neulering, microchipping and are assessed for rehoming. This work helps lo control the incidence and spread of disease and suffering through vaccination and neutering. The work benefits our local community including local authorities as it reduces the incidence of abandonmenl and cruelty and the public knows Ihal we assist animals in need. Whilst we are primarily an animal charity, the service we offer pel owners who cannot assist their pets thems8lv8s in times ol crisis can relieve much dislress lor the owner as wéll as the pet. We provide many volunteering opportunities for those who wish lo support our work. including fostering. fundraising and relail opportunities. This benefits It)cal people and companles by providing the possibility of doin9 work vthich is both compassionate and rewarding and offers experience which may assist participants in finding paid work. It is nol possible to quantify the financial value ol our volunteers but in 2022 we had the benefrt ol over 12.000 hours ol volunteer work. Our ¢harily shops provide a valuable source of Iow-cost good qualty recyded goods to the benefit of the public and the environment. The trustees have reviewed Ihe outcomes ar*d achK?vements of our obj'ectives and activtties for the year to ensure they ￿maIn focused on our charttabl8 aims and continue lo deliver benefits to the public. We have complied with this duty under the Charities Act 2022 to have due regard to public benefrt guidance published by the Commission. The trustees have devised their branch aims and objectives for 2024 and they can be summarised as fdlows: To Mer￿ wrth the Purfey. Catetham & District Branch. effective￿ absorbing the rest of Croydon Borough wstcodes (Purley. Couldson. South Croydon. New Addiscombe. Selsdon elc.) into the South London Branch. This is planned lo be finalised by the end of June 2024 and will increase our catchment area to a population of over haff a million people. To ¢arry out campaigns in the new area to attract membern. volunteers, fosterers & donors. To finnly establish the new retsil shop in Tooting and lo relaunch our ebay business with the Tooling shop as its base. To close the retail shop in Catetham due lo its h)ss4naking. To optimise the retail shop network's revenue and ensure that there is an effective stock rotation system in place. To increase private boarding & fostering capacity to meet increased demand. To eslabli5h a relationship with a partner vet in the Balham & Tooting area. To appoint a Corporate Fundraising Trusteelvolunteer to derive a revenue stream from local businesses. To strengthen our status as the Pets al Home Wimbledon partner charity by meeting our commitrnents to have a regular presence on their premises. To diversify the revenue stream and ensure that our branch is adequately funded through different means. This will involve performing a digrtal strategy & social media Calendar and ensuring that fundraising remains a prbority. To ensu￿ that the branch is able to offer financial support for those in need to ensure that all animals are protected frorn cruelty. This involves continuing the successful"Help wilh Vets Bill" policy which will offer support to those in work povety who may not be rec8iving additional support from the stste. To ensure that the branch remains fiscally viable with the aim of maintsining a reserve of al least 9 months of operational expenses. To ensure that the branch has an adequate supply of volunteers {including Iru5teesl, who are committed and adequately skilled lo carry out their roles. To ensure that the branch is able lo engage with the community in order to promote the welfare of animals and embed as a community oriented charity. To maximise the impacl of our Animal Welfare officer with her hands on work caring for animals in need bul also in raising awareness in our community of the importance of animal welfare. To implement and monitor a number of key performance indicalors IKPlsl lo measure the Branch's perfomance against objectives The Branch Manager is an integral part of the charity and il is important that She has adequate Tesources lo meet the needs of the branch operations. As menlioned above, we sadly had lo make the decision to exit the lease for our Calerham shop. Despite considerable efforts by the shop managers and volunteers. ably assisted by our Branch manager and retail Iwstee. we were unable to generate sufficient revenue lo avoid a loss. With the pro$￿Cts for tuming this around lo be low. the d8asion was made lo leave. The exil will happen during 2024 and is being carefully managed. We would like to put on record our gratitude for the dedication and support from our shop managers and volunteers. The makeup of the trustees is diverse and there is a wealth of experience reftected in the board. The Branch will seek to increase rts fostering ne￿ork lo allow the Branch to have greater capacity for rehoming. The Branch Manager will continue to develop all activtttes induding income generation. re- homing and community engagement. Spotllght on our work This year we have raised funds to help the needs of our local community through a variety of inilialives. Our fantastic shops have (￿linued to benefrt from the generosty of the kical community. in tems of quality donations. and volunteers giving up their time. July 2023 attended Croydon Pride lo raise awareness of our work and recruit more supportors. In June we held events at our Crystal Palace and Caterharn shops as part of RSPCA'S One Fun Day. We were able lo raise funds. while recwiting new supporters and raislng awareness about the work we do. In November partnered with The Dolphin pub in Sydenham to raise funds. and reach new potential supporters at their pub quiz. Throughout the year we attended fundraisiry & awareness events at Pets at Home in Wimbledon. HEALTH AND SAFETY POLICY A health and safety policy thal oulines the Branch's duty ol care in respect of the health and safety of all persons visiting the Branch's working premises (e.g. volunteers. conlractors. members of the public) is available for reference by all staff arKI voluntéers and is reviewed regularly to take into accounl any changes. A health and safety audit is undertaken by irKlependent experts Acton Jennings LLP annually wth whom the Branch has a heaRh and safety contract for advice. SAFEGUARDING POLICY A safeguarding policy was reviewed and revbsed by trustees wtth specialism in safeguarding, recognising our collective responsibility for safeguarding children and adults al risk of abuse and exploitation. Refresher training in how to use this poliw as well as how to recognise and respond to the signs ol abuse will be undertaken as required to ensure the policy conlinues to reflect responsibilities. FUNDRAISING POLICY A fundraising policy was adopted to ensu￿ compliance with the Fundraising Code of Practice and all relevant legislation. This recognises the care required in handling donations and funds raises and ensures governance is in place to prevent risk of fraud. VOLUNTEER AND CODE OF CONDUCT POLICY A volunteer policy and accompanying code of conduct has also been adopted which will support volunteers to be clear about their ￿SponSIbl11t1eS and what they can expect from the Branch. The staff handbook was also reviewed and approved and is available for all staff and volunteers. HELP WITH VETS BILLS POLICY A help with vets bill poTrcy was adopted in 2022 and remains in place lo help owners who may be struggling with paying for their vets bilL8. The purpose of the policy was to priorilise those who might not ordinarity be 81igible for assistance but who ￿quir9d financial assistance due lo a sudden change in financial circumstances. and in particular recognising Ihe difficulties that owners have faced in light of the global pandemic and financial problems that have been resulted. REHOMING POLICY A rehoming policy was adopted. in particular laking into account the approach of the Branch where an animal was discovered to have a chronic ￿nditiOn and whether the Branch would agree to cover ongoing medical bills once the animal was adopted. LONE POLICY WORKER The lone policy worker policy was updaled and revised to provide support and assistance lo stsff and volunteers and to aid the Branch In its risk management. ACHIEVEMENTS AND PERFORMANCE Sl nlflcant a Ilvltlos The committee are pleased to report thal its objectives for 2023 were met. in particular: The rehoming of a record numbers of cats Finding and agr08ing the lease of a new charity $￿p in Tooting Establishing a good working relationship with a Trussell Trust foodbank to help distribute our donations and ￿1p k)cal pet owners keep Iheir animals Established new lill systems for ¢)ur shops to enable Gift Ahj in the future Established links wtth local group in our new area and conducted a litter pick alongside Friends of T¢￿ting Cornmon Arranged for our Animal Welfare Officer to be trained on microchip implantation to prepare and support the local communty for compulsory cat microchipping in 2024 In 2023, the Branch continued to accept all animals they were requested to take from thè RSPCA Inspectorate. providing boarding and fostering for animals until they could either be netsyorked or rehomed through the Branch. The Branch conlinued to take in cats where the Branch themselves identrfied a welfare issue. ensuring thal those animals with the greatest need were cared for and ￿horned. With our AWO fully settled inio the rofe, she was able lo work MO￿ dosely with the local Inspectorate team. helping them with difficult jobs and in retum getting their advtce and assistance on branch animals. On one occasion. our AWO assisted th8 Inspeclorale at a one bed flat with over 80 cats. Towards the end ofthe year, a member ofthe public gol in louch about local strays they'd been feeding in Thomlon Heath. however the numbers were starting to get out of hand. Our AWO attended and upon seeing that the living Conditions were suitable. and local residents were happy lo continue to feed and look out for the cats. we began a trap. neuter. release (TNR) programme with the - around 201 Through collaboralion vrith the local residents. the use of larger traps, and lols of time and effort. we managed to TNR another 9 cats. with the work continuing into 2024. We were able to start rabbit fostering during the year. After many months hard work we sourced a rabbit foslerer prepared to have a 3'2m hutch in their garden. Unfortunately due to personal issues, they later had to stop offering fostering to sets of rabbits. We are Iherefrjre on the lookout for people who can help. In order to increase our income and to secure future sustainability for the branch, we started the search for a new charity shop in our new area of Balham and Tooling. After several viewings and lols of research around the potential areas, we negotialed and secured the lease on a nèw retail unft on Upper Tooling Road. The renovations and Tecruitmenl process were well underway by the end of the year. The Branch was selected as the official charity partner of Pets Al Home Wimbledon store for the second lime. and as such held several fijndraising events at the store. We wére also able lo benefit from their in-store donation station v*hich helped us provide our fosler8rs with food and equipment for the animals. The Branch has remained in l¢xal control sinGe its relum to Ioc81 control in January 2020. and the committee remains enthusiastic and is keen to ensure the Branch is given a new lease of life. We have Temained active across various social media channels, hav8 maintalned our 13,000 strong following on Facebook and have increased our Instagram folkJweTS to over 2,000. We have established good relationships with local media to help us share and promote our work. We are also active on Tv•rytt8r and have launched our own YouTube channel. ANIMAL WELFARE RESULTS- During 2023, the Branch made full use of the AWO first full year with the branch. and took in a record 125 animals. all either for welfare reasons or via the Inspeclorate. The Branth carried out 81 home visits and neutered 113 animals. The Branch microchipped 97 animals and provided wettare assistsnce for a further 22 aniffials. The Branch made a £10.000 donation to C4, the London based cat neutering charity, helping owners struggling to pay for cat neutering. rethve the seNice at a subsidised rate. The Branch worked with local vets and the National Society to help XL Bulty owners bcok their dogs in for neutering to meet Ihe new legislation. The Branch aims to continue to provide a service to the Inspectorate and to continue to offer welfare assistance lo those animals in greatest need within the Branch area. The Branch Mana9er and Animal Welfare Officer continued to work wilh the Croydon dog warden. and together they organised and ran local events to meet the local communty, check dogs for microchips. and offer help and advice. Th8 Animal Welfare Officer completed a Cat Friend Homing course in partnérship with Intemational Cal Care. As a result of this we have implemented Quality of Lrfe assessments to help us ensure the nghl care for all our cats. We have also worked more dosely with allemative lrfestyle cat 8xpert$ 81 the Canterbury Branch.. and with the behavioural team at the National Society lo gain better insSght on particular cases. FINANCIAL REVIEW Goln con¢ern After making appropTiale enquiries. the Trustees have a reasonabb expectation that the charity has adequate resources lo continue in operational existence for the foreseeable future. For this reason, they continue lo adopt the going concem basis in preparing the financial stslements. Further detsils regarding the adoption of the going ￿nCern basis can be found in the accounting policies. Flnanclal rosulls and r•vl•w The charity'$ funds are collected from membership subscriptions. shop sales, rehoming. donations, legac￿, recycling schemes, colkgction boxes. auctions. grants and fundraising evenls. Total income for the year was £364.278 (2022.. £353.571 }. Total expenditure for the year was £409.474 (2022: £324.639). The Branch ended the year wrth a loss of £45,19612022: £28,932 surplu$}. The three shops continue to provKle the main source of operational income for lh6 Branch. Nel Income from the ￿tall op8ration was £53,870, including grants {2022.' £60,721). Taking into account Ihe incorne generated by the Branch. the trust88s have been p18ased to have been able to increase staff salaries in 2023. We would also like to thank all those people and local businesses who contribute to the success of the Branch and support us with volunteer time. fundraising activtties. financial discounts or advertising. There are loo many to name individually bul they indude veterinary surgeries. Branch members. staff and volunteers and thal press. Lastly we would like to thank the public for their ongoing support of the Branch, we could not succeed without them. Reserrfes oli¢ The reserves policy of the Charity requires thal the reserves should provide the charity with adequate financial stability and Ihe Means for it to meet its tharitable objectives for the foreseeable future. Specrficalty.. ReseNes are malntained at a tevel which ensures that the branch's core activity can continue during a period of unforeseen difficulty A proportion of reserve$ 1$ maintained in a readity realisable fom Free reserves are calculated as total Teserrfes, less restricted and designatèd reserves. less tangible fixed assets. At 310ecember 2023. unrestricted res8rves were £305,764 (2022 reslated: £333.119), of this amount £273.520 wore classed as free reserves (2022." £300.8021. Based on the approved operational budget for 2024 on a monthly average basis, free reserves equate to 7 months. expendilure12022.' 11 months expenditure>. Th8 trustees have rooked al the current level of free reserve$ and feel they should be al a18vel 019 months. operational expenditure. In order to reslore the reserves to a level of 9 months operattonal expenditure, the Branch will be focusing on generating revenue from its new shop in Tooting. cbsing the unprofitable Calerham shop and controlling expendtture by leveraging more cost effective veterinary Options. The merger wilh PUr￿Y and Caterham Branch will have an overall positive impact on the reserve balance of the combined Branth arKI the Trustees will be investing these reserves. D•flnltlon of r•8•Th•S. Restricted reserves". These are funds that are acttvely managed and ulilised in accordance with the reslriclions placed on these funds as advised to the branch. Unrestricted Reserves. These are split between: Designated reserves. ReseNes set aside by the Trustees for a defined purpose. This indudes lunds tied up in fixed assets Free ReseTves.' Net income which become$ available to spend at trustees. discretion but which is not yet spent, committe(l or desvJnated leamiarked for a deffined purpose>. The Trustees review the level of reserves that are required to ensure that they are adequate to fulfil the charity's continuing obligations on a yearly basis at TrLrslee meetings. Trustees have the ability to re4esignate ￿serveS as they wish to meet the business needs of the organisation. Investments oll¢ The trustees have wide powers of investment govemed and restricted by the Royal Society for the Prevention of Cruety lo Animals Investment Act 1958. The Iwstees have decided lo maintain the Branch surplus lunds in higher interest notice accounts wtth Natwest. 10 Spotllght on our work Persephone. cam8 into us in the earty winler of 2023. was a real rollercoaster of a case, and a great example of our collaborative work with the Inspectors. and eventually the Branch network. Persephone was resojed from a bal(J)ny by local Insp8Ctors and the Fire Brigade after the ownèr refused to let her back in after deciding she no longer wanted hèr. After the successful rescue, she signed over to u$ and taken to our vets. The vets diagnosed pyomelra whFch rf left untreated can prove to be fatal. Persephone was spayed and saved. After this. she was moved to a foster home so we coukj leam more about her personalrty to find her the perfeth forever home. However withln a few weeks PersepPK)ne started drinklng and urinating a lot more frequently. and upon further v8t check$, our fears of diabetes We￿ confimed. The next few ￿ekS ￿Te filled with vel appointments and injections to try and get Persephone's insulin ￿velS righl. Our foster Carers did a fantsstic job of caring for her during this time. We V￿re very lucky that Persephone loves her fc*)d, and so injecting her at meal times was quick and easy as she wa$ distractedl Once Perspehone was stable agaln. we then fac8d the difficult task of finding the right home for her. 11 took several month$ of searching and advertising. but we were lucky enough lo find a lady who had experience of diabekn'c cats and wanted another cat lo care for. We then liaised with her local branch to look for suitable charity vets who would be able to help keep th& treatment costs down. We managed to get an agreement with a vel not tw far away and werè able to go ahead with the adopti(￿. Persephone has been in her new home since November 2023 and is happy and healthy. Thank you to all the RSPCA employees and volunteers who hOl￿d to make this happenl STATEMENT OF TRUSTEES. RESPONSIBILITIES The Trustees are responsible for P￿paring the Trustees, report and the financial statemenls in acwrdance wth applicable law and United Kingdom Accounting Stsndards (Uniled Kingdom Generally Accepted AccountiNJ Practice). The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each finanoal year which give a true and fair view of the state of affairs of the charity and of its incoming resources and applicalion of resources, induding its income and expenditure. for that period. In preparing these financial slalements, the Trustees are required lo: select suitable accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP IFRS 102)., make judgements and accounb'ng estimates that are reasonable and prudent,. stste whether applicable UK Accounting Stsndards (FRS 1021 have been followed. subjed lo any material departu￿$ disclosed and explained in the financial ststements- prepare the financial ststements on the going concem basis unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping adequate accounting ￿CordS that a￿ sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any lime the financial positson of the charity and enable them to ensure that the financial statements comply with the Charibes Act 2022. the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees on and signed on their behalf by: Catherine Young ITrusleelTreasurer) 27/06/201W 12 RSPCA SOUTH LONDON INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RSPCA SOUTH LONDON I report lo the InJ$lees on my examinalth ol Ihe fir*a￿l¥ $tslerrwts of RSPCA S¢JJth LoTrJon liho charity) for tha year 6nded 31 De￿mber 2023. RMpon•Sbllltl•s •nd of r•port As the Irusle8s ol the ¢harity Y￿ are ￿$￿SIble lor th8 Fffeparntim of th• finwwal st•l8ments in accorf8nc• with the requirem*n15 of Ihe Charil*skl 2011 Ilh8 2011 Acii. I rekkn in r8sp8cI of my e¥arninalioTh of tho charitys financial slolemonts carried out undor $èction 145 of the 2011 Act. In carryin9 Out my 8x8minalion I h•ve followed all ts applubl8 Dtreclions gfven by the ch8￿ty Cornmi5sKJn und•r Section 1451SXbl ol Ihe 2011 Act. Ind•p•nd•nt •xamln•r'¥ •tst•m•nt Since Ihe chanly S gross incorne exceeded £250.(￿ your examiner rnusl be a Mern￿r of B btrjy listed In soclion 145 ofihe 2011 Act. I confimi Ihal l am qualified to undorfake th6 ex8miAation b8causo l am a momberof lh¢ Insb'luie of Chart6r8d A¢¢ouTrtanls in EngloThJ •nd Wal•s. wthch r4 on• ol the hsled bodwJ. Your attenliw 1$ drawn to the fo¢1 thai Ihe chanty has propar•d finaThc¢al $1olemonts in BCCLvdon¢e with Accounling and Roporting by Ch8ntie$ pr•p8ring Iheir a¢￿InIS in *cordanc¢ wlth tho Finanual R•p￿iry Standard 8ppli¢8bl• in the UK and R¢pu￿1C ol lrnkgnd IFRS 1021 in prnleren¢• lo the AccounltrKJ and Reporting by Charit￿5.. Slalemenl of R•comrnendod PractEO issued on l April 2￿5 whKh Is relerred to ITh the ext8nt wulations bul h8$ now b88n wthdrawn. l understand Ihol this has been do￿ in wder for finana81 $tstemonts to FwvwJ¢ 8 and lair viw in ￿cordanCe wilh Generally Acceplod Ac¢ouniing Pra￿¢ ¢ffe¢tiv• for rtporting per￿$ bow'nning ￿ or aftor 1 January 2015, I hav8 comp*tèd rny ex8rnin•tion. I confinn thgt no manèrs haw to my atteThti￿ in connoctson wyth the •xaminatK)n givin9 ￿ cause lo beli•￿ that in any m8tenal respéct.. accounting ￿cordS were not kepl in rnspttt of the charity •$ fequir•d by 130 of the 2011 Acl,. or Ihè financial ststemènts do not 8¢ovd Irfh those records." or the financial statèmènls do not CoM￿Y with the applub￿ rowiremenls cl￿¢•m1ng the fomi and ¢ontent of a¢¢ounts s81 tyjl In thfr Charit18s lkn¢ovnts and Rep￿ts) Rewbtion$ 2008 olher Ihon 8ny wuirement that thè oKounl$ 9fv0 a Irue and fwr vitrw wh￿h 18 Mt 8 m8ttef ¢￿sIdered as part of an independent e¥arnination. I have no concoms and have a¢ros$ olher mattws in eonnection wAlh Ihe èxaminalicffl to wNeh att•nlc $htyJld be drawn In th1$ report in rffder lo enatd• 4 wtyer LwthrSt￿0￿n9 01 th• financ+al $tsi•menls to be ￿a¢h*1. Tlmothy 8uttllantA Famoll CLthe Limrted Evdulion Hou5t, Iceni CrAJrt Delft Way NO￿l¢kn Nortolk NR6 68B Dated 13 RSPCA SOUTH LONDON STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 UnMtrlc¢•d R•strld•d fvn fund• Totsl UnTr¥trSct•d RMtrlct•d funds fvnd• r•st•t•d ** r•itst•d as r••t•t•d 2022 2022 2022 Totsi 2023 2023 2023 In¢om• fr¢)m'. Donalions and bgOC charitab￿ aclmts.es InY•$irnents 1.857 351,697 17 1,857 3S1,697 17 362.106 2.172 362.106 2,172 Tot•1 Incorn• 364.278 364.278 353,571 353.571 Exp•ndltur• on: Raising funds Charit8b16 8Ctivil•s Olher exp8n¢Jiiur• 239.352 150.478 1.803 239.352 168,110 2,012 229,535 64,634 12,726 229,535 82.378 12.726 17.632 209 17.744 Tot•l •xp•ndltur• 391.633 17.841 409,474 306.895 17.744 324,639 N•t Incom•ll•xp•ndltur•l 127,3SSI 117.8411 145.1961 46,676 117.7441 28.932 Transfers b¢tswn runds 14.148 114.1481 N•¢ mov•m•nt In funds 11 (27.3551 117.8411 145.1961 60.824 131,8921 28,932 R•eon¢lNatlon of funth.. Fund balances al 1 J8nugry 2023 333.119 44.027 377,146 272,295 75.919 348.214 Fund balanc•8 •1 31 D•c•mb•t 2023 30S,764 26,186 331.950 333.119 44,027 377,146 The $lat*ment of finan(aal &bvits'•s inckwjes am gain5 bsses rtcoanMd in yoar. Al and txp8ndhurÈ derive from continuing acli¥Abes. 14 RSPCA SOUTH LONDON BALANCE SHEET AS A T 31 DECEMBER 2023 2023 2022 Flx•d as¥•ts Tangible assets 15 32.244 32.317 Curr•nt ass•ts D¢btor5 C••h at bank and in hand 76.816 37,530 328.611 327.181 366.141 eredltors: am*)unls l•llln9 du• wlthln on• y••r 17 127.4751 121.3121 N•t curY•nt a•••t• 299,706 344.829 Total •*••ls l•¥¥ curr•nt H•￿11t1 331.950 377,146 N•t •xclu#ln9 p•n*lon Il•blllty 331.950 377.146 Th• fundi ol th• ch•rlty Restricted in¢ome fvnds Unr851dcled funds 26.186 30S,764 H,027 333.119 331,9SO 377.146 Tho noles on pog¢$ 16 to 26 fomi part ol these financial $W•menl8. 27/Q.6/.202lk The finartial statements ww• ?￿mI•d by the Irusiees on........ C Young Trust••rrr•tsur•r 15 RSPCA SOUTH LONDON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accoun￿ng pollcl•• 1.1 Accountln9 ¢Omf•ntlon The fin8rKial stalemenl$ hove been prepared tn x¢ord8n¢¢ ihe ch8ritfs goveming docurnent. the CharitW5 Act 2011. FRS 102"The Finanoal Repcrfbw SlaThJard applicable fft the UK and R&public of Ireland" I"FRS 102.1 and the Cha￿￿eS SORP "Ac¢wn*Ng and Rewliw by Chari￿.0$." Statem8nl of Recommendad Practice applic8U* io chan1￿5 prepanng Ihoir actyjnts in 3ccordance wth the Financial Reporting Slandard applicablo in th• UK 8nd Repu￿1¢ d Ire￿nd IFRS 102I- l8ffeth• 1 January 20191. The ch8ri¢y is a Public 88nefit Enlty as ¢J•finod by FRS 102. The charity has tsk•n Bthanlage ofth• prty1$*￿• ￿ the SORP I¢v fJwrilkn8 Its prepare a Slalernonl of C8S Flowj. The financi81 $lat&m•nt5 hav• departed frc¥n ts Charitss (Accounts and Rwrt$l Rogulats'on5 2006 only to the exlenl requirnd to provide a tru• and laii Vw. This departure has invofved follfxwing the Statement of Recomrnended Praclice chant*s apptying FRS 102 ralher thon iho vorsion of the Slalemenl of Recomrnen¢ed Pf¥¢lke whKh 15 relerred to In th¢ Regulaiion5 bul which has sin¢e been wjthdrawn. The fin8nclal sts18monts •r• propared in sterting, 1$ th• funct•)￿ of th• ¢h•rlty. Monelary amounts in Ihe8e Tinar￿$￿I stalemenls we rounded lo the ￿81¢$1 e. Th• firtant￿l stBtemen18 hav• l)wi pr•p•r•d under tho hi8torKo1 Mst trJwent•Jn. The printhp81 accounting 1.2 Golng con¢•rn At the time ol approving thè financial slalernonl$, lh& Irus￿$ have a reasonable expoctht+on thal the charity has 8dequat8 re80ur¢e$ to continué in operational exi$ten¢¢ f¢y th• foreseeabbe future. Thus Ihe trusl8e5 Contin￿ lo adopl Ihe g01r￿ corKem baw$ ol ¥¢￿nting in preparing Ihg finan¢01 si•t•m•nts. 1.3 Ch4rltabh lunds Unresiricled lunds are avalkgble for us• al th• dweiKffi of the tru6tsei in fijrtherance of thelr charitaN• obio¢tfve$. ReslrKted fvnd8 are $ubje¢t to 4￿C condilts)ns by or 9raotors ts to hrr* tw m8y be used. Th• purposos and usos of re3tricled fvnds 810 t*Jl in Ihe r*)t8S to stat•mont5. Endo%*ThentfiJThJ8 are sutygcl to spefificcondthns bydonors Ihat Ihe cathlmust be mBintained bythe charfty. 1.4 Incorn• Incorne is recogrwsed when the charity is enblled lo It aftw porformanc8 condIts"￿8 hjvo been m•t. Ihe an¥)unts ¢8n bt rrnasLYed reliably. and rt is probable Ihai income *iH be receNed. Ca$h donatioThs are recwi8ed on ￿pt. Olher ￿TratiOnS are recognised once the chanty has beèn notKied olthe¢Jonath)n. uth$5 performance con¢JitioTrs requ(redÈferTalofthe ar￿an1. Ir￿oMe lax re¢ovefable in relab to donékns receN8d under Grft AKI oriJeed5 of covenant is rewrnsed ai the of the donab*x). Legacie5 are le￿nIsed 00 Teceipl orolhenvise Charity hasbeen notified of an impending distribution, the amount 18 kr￿Wn, 8nd ret*pt 1$ expethd. M Ihe amtyjnt is ￿t krKy•D. Ihe 18gacy is treated as a Contingent 8S88t. 16 RSPCA SOUTH LONDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng poll¢ IContlnu•dl 1.5 Exp•nditur• Expenditure Is rwnistd Or￿ Ihere is • le9•1 or Constructi￿ obIWth￿ to transfer ew¢ymic benefil to a third party, it is probab￿ thèt a Irao51er of economi¢ benefits will be requir8¢ in sott￿Ment. and the amount of tha obligation can bo rneasuwed r8liatAy. Expenditu￿ is classr￿d by ackn￿ty. The C051sof each activity ar• made up ofthe totsl of direcl costs and Shared Costs. irKluding $UPPOrt costs invofved in LthdortakiThJ 8a¢h acts"￿ty. Oiroct cosls attnbutable kn a single a¢tivily aro allocat•d dI￿¢mY lo that aelivity. Shared co$ts which conlribule lo more than one athvity 8nd $UPkX)rt C051s which ar8 not aiiribUtsb￿ 10 8 silvj￿ aclivty ar8 apwtioned belween Ihose acfvi11o$ on a basis conslslenl wllh ihe u58 01 reSOu￿e$. Central stsff costs •r• althai•d on the bo$i$ oi bm• 5penL and depfeclation chargas ar• allocated on the portjon ol thfr ass•tS Usg. 1.6 T•nqlbl• ftx•d ••4•1* Tangibl8 fixod as5•1$ 7*8 inrtially mgasw•d at co8t and $ubsoqu•nity mea8w¢d al cfjst or v•luution, net of depreciation 8nd any imp•imient105W. D•preci811¢ft 5$ recogry58d so 89 lo wnt• ¢)Y Iho cos1 cff ¥4￿91￿]n of hss Ihgir re￿￿•1 y￿u•￿ ovw thelr ustlul I'v85 on the folkswing bases.. Leosohohj Smprovemgnts Fixlurg$ and fittin95 Compulors Motor vehwes 20% slrnvJhl lin• 33% $lrai9hl 33% Stra￿h1 33% reducing bal•) The gain or loss arbsiry on of an 1$ drf•miirnd as Iha dthOr•r￿ 8819 prrtléds d th• carrying value ol the 2$8et. and i% rocctyJnisad In the $tsi•rwnt ol finan¢wl a¢fvitie5. 1.7 Imp•lrm•nt of fix•d ••••ts At each rep￿￿'n9 end date. the thaiity reviths the ¢arryng arnwnts of 11$ iangble assets lo determine whelher Ihere 1$ any indication Ihal those assets have Suffered an Impairnent kjss If ony $u¢h indication exi$l$. Ihts roeoverable amwnt of th• 888•t li •$￿"m0t9￿ in ¢ydor ￿ deleThlne Ihe •xt•nt of the lmpalmienl k)ss lif any). 1.8 C•sh and cash •quO¥•l•nts Cash and cash È4uiVa￿nt5 indude cash in hgnd. d•r4)sils helJ at ￿11 banks. other short-t•rm liquK¥ investments with or¥ainal rnaluri*"t$ of ttw¢e rrthths Of •r41 bank rNerdrafts. Bank tsverdrafts ar¢ 8htr•m within borwwings in currert Ikqts'lib"es. 1.9 Flnanclal In•lrum•nts The charity has de¢ied toapply the pro¥twon$ of Section 11 '8￿¢ Finon(ial Instsumenls, and Se¢bon 12'0ther Financial InstNrnents Issues, of FRS 102 to aN of its finarKial inslrnrnents. Flnancièl inslwumenl$ a￿ rn¢cgnised in Ihe charrt￿$ tthnce sheet tho charity becomes paty to Ihe contractual provisions of the inslnjment. Financial assets and h'abililtes a￿ offset. with the net amounts p￿Sented in the financial 5tstements, %thenth&re 15 a legaly enforceable nght to sel off the recogni5ed arMunts oThd trwe is an In18n1￿Tr to settle on 8 nat ba$1$ or to reali5e the asset antl setue Ihe liabifity ￿Multaneou￿. 17 RSPCA SOUTH LONDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng IContlnu•dl 8•4lc ￿nanCI*l •u•ts Basic financial assets. which I￿kIde debtors and c8sh and bank batanees, are inTbaTry mea$urod at transaction pn¢* Including tr8nsa¢¢ion costs and afe $ub5equenlly carried al amor*sed ¢o$i using the effo¢tive interest rnelhod un$8s$ Iho arrangement ¢on$iitutes a finanong transaction. where th8 transauion is maasured 8t thè pr058nl value of Ihe luture rec8ipi$ dtscounled at o m8rk•t rale of interest. Financial as$ots class￿led 8$ reeeivabk one yew arts not amcrt8•0. B•slc ftn•ncl•lll•bllltl•s 8a$ic financial Iiabililies. ttluding rnlil¢Ys ar#J bank lows are inlb•Uy r•cogThsed al transaction ylce unless tho arrarvJernent¢onsttlutes 8 fin8fi¢ing transactKJn. whoo Ihe debt In$iruTh*nl Is rna8surod #i the pres¢nl valu of Ihe lulure payments discwnte¢ ai a market rats of in*rtr$t. Finan￿* Iiats"Ube$ da¥wfiod as payable wthin Crfbe y•or ar* ftol amrtis￿. D¢bl ln$lnJrn￿ts •ub8•qu•nty cwried •1 w)orti88d cost, ￿Ing lh• intortti rnte m*hod. Trad• creditors are oblig•tM8 lo pay lor gO¢¥Js or servK*s that have a¢ouwed in the ordinary eourse of opefavoni Irom suppl￿￿$. Amounts pay8bkn 8re da5sified OS ￿lfIel1¢ liats'lilies If poymont is du? wilhln ono year or ￿ss. If not. they are presenled as non•r 2023- Tar¥JIb￿ 8$8et$ CuThenl asset￿(118￿￿1￿9I 32,244 273,520 32.244 299.706 28.186 305,784 26.186 331,950 Vnf••irlct•d R•*trl¢t•d lunds funds 2022 2022 •• r•it•t•d •• r••¢•t•d Total 2022 •• r•it¥t•d At 31 D•e•mb•r 2022: T•roible assets Current assets1llithli￿.¢9} 32.317 300.802 32.317 344.829 44.027 333.119 44,027 377.146 Op•rntlng lease Commi￿n•n￿ L￿*•• Al the re￿￿"n9 •nd dat• the charity had oulslanthrwj commitmtnts for firturg minimumloase payments under non¢an¢•lloLle operatiThJ le8se$, which 18N due as folrms.. 2023 2022 Within one yea BetW￿n and fvè yèa 84.500 247,038 65,0(X) 163.813 331,538 228,813 25 RSPCA SOUTH LONDON NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 R•lat•d p•rty tr•nMctSw• Thero w•r• d18dos0￿ r•latod paty tronsactions dwirvJ Ihe yoar12022. rml.