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REGISTERED CHARITY NUMBER: 503759
REPORT OF THE TRUSfEES AND
FINANCIAL ￿ATEmEKrS
FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
RSPCA RADCUFFE SHELTER TRUST
Duncan & Toplis Audit Limited, Statutory Auditor
3 Princes Court
Royal Way
Loughborough
Leicestershire
LEII 5XR

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RSPCA RADCLIFFE SHELTER TRUST
CONTEp¥fs OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Page
Report of the Trustees
Report ot the Independent Audltors
10 to 12
Statement of Flnanclal Actlvltles
13
Balance Sheet
14
Cash Flow Ststement
15
Notes to the Cash Flow Statement
16
Note5 to the Financial Ststements
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RSPCA RADCLIFFE SHELTER TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their annual report together with the audited financial statements of RSPCA Radcliffe Shelter Trust Ithe
charity) for the ended 31 December 2024. The Trustee5 confirrn that the Annual report and financial statements of the charity
comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the
Statement of Recommended Prartice applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland.
End of Year Review 2024
Animal Welfare and Case Work
2024 was a steady yet impactful year for the Centre. A substantial wjrtion of our kennel space was occupied by a complex,
multi-dog welfare case currently pending legal resolution. Our veterinary and behavioural teams have played a vital role in the
animals, rehabilitation, enabling their progress towards rehoming readiness.
The majority of animals-particularly dogs-required veterinary interventions. leading to prolonged stays. Rising treatment costs have
increasingly been cited by owners as a reason for relinquishment. highlighting an ongoing challenge in community pet ownership.
Nonetheless, our rehoming team celebrated many successful outcome5. A standout story is that of Marley, an emaciated hu5kv
restored to health by our dedicated staff - a journey captured in this inspiring video- Watch Marley's story. Such stories continue to
drive public support through donations and legacies.
The rehoming numbers 2024 were Dogs 71, Cats412 and Rabbits 28.
Staff Development and Qualifications
The Centre continued to invest in its workforce=
One additional team member achieved qualification in anaesthetic monitorin& enhancing veterinary capacitv.
Three apprentices earned distinrtions in animal care, a testament to our commitment to training and excellence.
Our Centre Manager is undertaking a Level 7 Diploma in Leadership and Management, promoting strong and forward-thinking
leadership for the Centre's future sustainability.
Community Engagement and Outreach
Our volunteering and educational programmes remain in high demand. aligning with our prevention-focused approach to animal
welfare. These efforts strengthen our presence and trust within the local community.
Our community neutering initiative, aimed at controlling the population of unwanted cats and kwttens, continues to be well-utilised
a reflection of both public need and the Centre'5 Strategic use of infrastructure to maximise animal welfare impart.
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RSPCA RADCLIFFE SHELTER TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
OBJEcnvES AND AcnviTIES
Polities & Objertives
The Trust operates within a national network pursuing the same objective5 as the Royal Society for the Prevention of Cruelty to
Animals.
Whilst being a self-funding independent charity. the Trust operates utilising a licence issued by the National Society of the RSPCA
and as such the Trust adheres to the animal Welfa￿ policies of the RSPCA.
In setting objectives and planning for activities. the Trustees have given due consideration to general guidance published by the
Charity Commission relating to public benefit. In particular, the Trustees consider how planned activities will contribute to the aim
and objectives they have set.
The animal accommodation can house 80 dogs. 77 cats and 10 rabbits. Animals of a domestic nature are offered for adoption to
suitable members of the public. The Shelter does not normally care for wild animals: these animals are passed onto specialist
carers. Provided space is available. no animal is ever turned away from the Shelter. where they can be a55ured of clean, well
maintained accommodation. will be well fed. will be provided with veterinary care. and where they will be looked after by
dedicated staff of around 25 people and regular volunteers. No animals are euthanised unless un5Ultable for rehoming due to
health or behavioural problem5 which could compromise long term welfare of the animal or pose a public safety risk.
Animals are placed in the care of Radcliffe Shelter by members of the public, local RSPC4 Branches and by the Society's own
Inspectorate.
Governance and rtrategic direction
The Trustees have been progressing towards converting the Centre's legal structure to a Charitable Incorporated Organisation
ICIO). This transition will facilitate the recruitment of additional Trustees and help diversify the Board, strengthening governance.
Ongoing trustee oversight ensures that opportunities for organisational growth and sustainability are actively pursued,
safeguarding the Centre's capacity to deliver high-quality, essential services across Nottinghamshire.
Strategies for achieving objectives
All staff attend regular appropriate training courses induding NVQ qualifications. Specialist courses for managers and sUPe￿IS0rS
and also dog behavioural training are included. With this in mind we strive to achieve the best care and the best results for animals
in our care.
As a major source of income is provided by legacies from our donors, additional efftlrt will be made to make our need for these
legacies more widely known.
FINANCIAL REVIEW
Financial position
Total incoming resources for the year were £710,359 12023.. £674,050), including legacies of £86,54312023= £86,371). Expenditure
was £821,03612023= £785,988). Net gains on investments totalled £43,565 12023= £36,8331, resulting in a net loss for the year of
£67,11412023.. Loss £75,105)
The 2024 budget allowed for incoming resources of £570.450. and expenditure of £868.800, with a net budgeted deficit of
£298,350. Artual results show sigrbificantly better results than were bijdgeted.
Investment policy and performance
The Trust employs Brewin Dolphin to manage all investments on a discretionary basis. Brewin Dolphin will manage the portfolio
through making investments on a low to medium risk basis. All investment purchases and sales are notified by Brewin Dolphin to
the Trustees and the Trustee5 have online reporting acce55 to the portFolio.
The fund made a net Bain of £43,56512023- £36,833).
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RSPCA RADCLIFFE SHELTER TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
FINANCIAL REVIEW
Reserves
At the end of the year, the Trust held an accumulated fund of £3,568,12412023.. £3,635,238).
The Trustees have reviewed the Trust's reseNes policy and ag￿e(l the following=
-The Trust holds reserves in order that levels of seNice provided for animal welfare may be maintained should there be a reduction
in incoming resources. This should be equivalent to 12-18 months expenditure.
-Reserves in this context should mean funds that are freely available for the Trust's general purposes after all commitments have
been met.
The Trustees therefore agree that tangible fixed assets such as property and equipment. together with any restricted funds, should
be excluded from the calculation of general reserves.
2024
2023
Total reserves
Less- Tangible fixed assets
Less- Intangible fixed assets
3,568,124
3,635,238
12,139,340) 12.203,6031
1,428,784
1.431,635
The Trust, therefore, held some £1,428,784 12023= £1,431.6351 in available funds at the year end. This represents approximately
20.7 months expenditure. based on 2024 levels of expenditure 12023: 20.5 months). This level of reserves exceeds the Trustees
desired range of 12-18 months.
Included within the fixed assets total above is £213.71412023: £223.7011 of restricted funds.
Cash levels:
2024
2023
Cash in hand
Notice Deposits Iless than 3 months)
53.960
29,452
131,693
25,124
83.412
156,817
Other Matters:
There are no other matters of significance to report. There were no changes to funding during 2024, nor are any changes planned
for 2025.
Going concern
The financial statements have been prepared on a going concern basi5 as the Trustees believe that there are no known, or
reasonably foreseeable, conditions or event5, present or fvture, that raise any substantial doubt about the Trust's ability to
continue as a going concern. The Trustees have considered the level of funds held, and the expected level of income and
expenditure for the next 12 months, together with that of 2025. and the budgeted income and expenditure is sufficient, with the
level of reserves, for the Trust to be able to continue as a going concern.
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RSPCA RADCLIFFE SHELTER TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
PLANS FOR FUTURE PERIODS
Business Planning
Large scale development of our rehoming, education and veterinary facilities were completed in 2019.
Before any large scale future planning can occur, the true costs of njnning the Centre need to be established. A "normal" year of
income and expenditure has not yet been seen. mainly because of the high numbers of dogs in our care awaiting court decisions
and the cost of living crisis.
The main target for 2025 is the achievement of CIO status which will allow the increase in Trustee numbers currently limited to five.
Focus as always is on maximising our income generation.
Future Developments
The Charity's budget predicts levels of legacy income for the forthcoming year. and is based on previous years, experience. Income
from legacies will continue to be a variable source of income to the Charity.
The budget for 2025 shows a deficit of £205,365 (before any investment losse5 or gains) which will reduce further the reserves of
the Charity in the absence of legacy income.
The Trust is continually looking to increase the income and reduce the likelihood of 3 deficit being incurred thereby prolonging the
Charity's ability to use reserves held for the furtherance of its objects.
The Trustees have carefully considered the future plans for the shelter.
Allowing for the volatility and uncertainty of legacy income, an improved income stream is essential.
To this end work has been carried out in 2025 continuing to focus on more effective use of social media and other internet based
forms of income generation.
sTRU￿URE, GOVERNANCE AND MANAGEMENT
Governing docurnent
The charity is controlled by its governing document. a deed of trust and constitutes an unincorporated charity.
Charlty constltutlon
The principal object of the tharity is to use the freehold property for the reception, boarding and adoption of unwanted, lost,
starvin& injured or diseased animals, for the promotion of kindness, and p￿ventIOn or suppression of cruelty to animals.
The trust is an unincorporated trust, constituted under a trust deed dated 26 September 1973, and amended by agreements dated
30 December 1991, 13 December 1993 and 16 May 1994.
Method of Appointment or Election of Trustees
The trust is administered by the Trustees who are nominated representatives from the Nottinghamshire branches of RSPCA,
although the power to appoint them remains with the National RSPCA Board. Each appointment is for a term of four years.
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RSPCA RADCLIFFE SHELTER TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational strurture
The trustees who served during the year were-.
David Carter
Suzie Etridge
David Evans
Michael Tomlinson
Stephen Buckman
At the date of signing these accounts the Trustees were as follows:
Stephen Buckman
David Carter
Suzie Etridge
David Evans
Michael Tomlinson
By Deed of Agreement dated 16 May 1994 the Trust Deed was varied to give powers for the appointment of a Management
Committee for the Shelter. It has been agreed that the role of the Management Committee be suspended, and replaced by a full
meeting of the Trustees on a monthly basis.
Day to day administration of the animal shetter is delegated to the Animal Centre Manager.
Employees are consulted on issues of concern to them by means of regular staff meetings, and are kept informed dirertly by the
management, on specific matters. There is a full programme of regular staff training for NVQ and other training programmes.
Policies Adopted for the Induction and Training of Trustees
Prospective Trustees are invited to attend a Trustees meeting prior to appointment. Upon appointment they are provided with a
set of the Trust Deed and attached agreements. together with a copy of the previous year's audited accounts. These are then later
discussed in a one to one meeting. Any further training required is considered at the appropriate time.
For new Trustees, attention is drawn to the Charwty Commission document "The essential trustee- what you need to know, what
you need to do ICC31"
Pay Poll¢y for Senlor stsff
Remuneration and benefits of all the charity's personnel (including the key management personnel) are set in line with other
comparable large animal rehoming centres and take into account the level of skills and experience required, responsibility given,
and the rate of inflation. In particular, reference will be made to the most recent salary sutveys and salaries paid by other local
charities in the same field and of equivalent size. The Centre Manager's level of remuneration is set and agreed by the Trustees, all
other positions are set by the Centre Manager and agreed by the Trustees.
Should the post of Centre Manager become vacant it will be advertised throughout the RSPCA and externally via the Trust's
website.
All the trustees give freely of their time. and no trustee received remuneration for their work for the charity in the year, other than
the reimbursement of expenses.
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RSPCA RADCLIFFE SHELTER TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Principal Risks and Uncertainties
Economlc outlook
World events still impart the investments held by the Trust. To ensure best advice, Brewin Dolphin are employed as our
professional advisers to mitigate any loss of investment value.
On 3 world stage global growth forecasts have continued to be taken lower with the impact on investments being considered by
the Trustees.
A large number of animals have been taken into the Centre as a result of enforcement action by the National Society's Inspectorate.
These animals cannot be rehomed until the judicial pro￿edIngS are completed, sometimes taking in excess of eighteen months.
This leads to a significant drop in animals available for rehoming and a subsequent decrease in adoption fees through 2023.
To maximise adoptions, the Trust must ensure that it is at forefront of adopter's minds as opposed to any of our competitors.
Injury to Member of the Public or Stsff
All Health and Safety risk a55e55ments and training is in place to reduce any potential occurrence.
Rlsk to IT systems
All essential IT systems have now been moved to "cloud" service providers who are responsible for the security and availability of
the Trust's information.This restrutture has performed well through 2023. In addition to this, The Trust continues to contract a
professional IT support company to ensure continuity of seNice. With the rapid advance of technology, we will maintain our efforts
to take advantage of this advancement and reduce costs while providing a more effertive setvice.
Failure to Effectively Manage Projerts
No further large scale projects are currently planned. although over the next few years the refurbishment of the kennels is still
under consideration.
Adoption of Animals
During the Covid pandemic. rehoming measures were put in place. The remote system of matching animals to owners has proved
to have longer lasting advantages to the running of the Centre.
The method in which we rehome animals continues to be appraised.
We are continuing to see animals needing to stay longer as those animals brought into us by Inspectors are often those needing
veterinary treatment and extensive rehabilitation. The average cost per animal has therefore continued to rise in terms of boarding
costs and provision of treatment.
Adoption numbers are down because of a restricted intake and the remote adoption process, although those animals coming into
us are being successfully rehomed. With this in mind adoption income decreased.
As our supporters have had to move online for their nomial everyday life. the adoption model has been accepted by our adopters.
The animal centre has continued to provide support to the national society, the veterinary industry and the general public by
providing a neutering service to assist with a potential kitten crisis. For some of the general public. access to veterinary services still
poses a problem.
Staffing Leve15
The Centre trains its own apprentices and therefore it is not believed that sourcing appropriate personnel will be a problem.
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RSPCA RADCLIFFE SHELTER TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Fundraising
As the Trust has no area allocated to it by the National RSPCA, traditional fundraising artivities e.g. flag days, door to door
collections are not available to the Trust.
Our focus therefore is to encourage donors to donate dirertly to the Trust.
Over the last year our new website and social media presence continues to increase awareness in the general public that The
Radcliffe Shelter Trust is a self-funding organisation.
The charity subscribes to the Code of Fundraising Prartice in all of tts fundraising activities. Every person involved in fundraising for
the charity. is trained and inducted on the expectations as set out in the code of practice. We comply with all the GDPR legal
requirements regarding donors, or fundraisers, personal data. No third-party organisations or consultants were used for raising
funds for the charity. There have been no breaches or complaints received with the application of this code and GDPR regulations
in the reporting period.
As with most charities, a large portion of our income is Still in the form of legacie5.
In the past donors could have left a legacy to the RSPCA with the expectation that some of these funds would h'lter down to the
Trust. We continue to make information available to ensure the general public are aware that the Trust is an independent Charity
relying entirely on donations made dirertly to the Trust. It is difficult to accurately assess if this has led to an increase in legacy
donations, but it is noted that incoming legacy income has risen over the last two years. This may be coincidental.
The Trust receives significant amounts of assistance in the form of volunteering both by individuals and corporate organisations for
which we are extremely grateful.
We are grateful for the involvement of our volunteers and supporters.
Whilst this assistance is invaluable to the Trust, it is not possible to value in monetary terms the extent of this assistance and
accordingly. the intangible income is not included.
Income Generation
The Statement of Financial Activities for the year is set OLrt on page 13 of the financial statements.
A summary of the financial results and the work of the Charity is set out below.
The Charity's total income increased by 5% from £674,051 in 2023 to £710.359 in the year ended 31 December 2024.
Donations and gifts received during the year amounted to £76,726 in comparison to £110,951 ￿ceiVed during 2023 and shows
continued support from various sections of society.
Income from legacies has continued to be a core but variable source of income to the Charity. The Charity's financial statements for
the year include legacy income of £86.543 received durirbg 2024 compared to £86,371 received during 2023.
In 2024, legacies to the Trust fell short of budget expectations. The Trustees are aware that we cannot depend on legacies and we
have built a business plan on that basis.
Charitable expenditure in relation to the reception, boarding and care of animals at a cost of £806.48212023 £765,865) continues
to be a significant part of the Charity's overall expenditure.
Rlsk management
The Trustees have considered the major risks to which the charity is exposed and have reviewed those risks and established
systems and procedures to manage those risks. The Trust has a low to medium risk ￿tUrn policy on its investment portfolio. The
investments are managed by Brewin Dolphin. The management of the portfolio is on the basis of regulations detailed in the RSPCA
Art 1958 and the Trustees have given the investment managers discretion to manage the portfolio within the agreed risk profile.
REFERENCE AND ADMINISTRATIVE D￿Alls
Registered Charity number
503759
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RSPCA RADCLIFFE SHELTER TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Principal address
32 Nottingham Road
Radcliffe on Trent
Nottingham
Nottinghamshire
NG12 2DW
Trustees
S Buckman
D Carter
S Etridge
D Evans
M Tomlinson
Auditors
Duncan & Toplis Audit Limited. Statutory Auditor
3 Prince5 Court
Royal Way
Loughborough
Leicestershire
LEII 5XR
Bankers
Lloyds Bank PIC
Old Market Square
Nottingham
Nottinghamshire
NGI 6FD
Investment Advisors
Brewin Dolphin
1st Floor Waterfront House
Waterfront Plaza
33 Station Street
Nottingham
NG2 3DQ
Senior management team
Ella Carpenter, Animal Centre Manager
TRUSTEES, RESPONSIBIUTY STATEMENT
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable
law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charitie5 Act 2011. Charity (Accounts and Reports) Regulations 2008 and
the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and
fair view of the state of affairs of the charity and of the incoming resources and application of resources. including the income and
expenditure. of the charity for that period. In preparing those financial statements. the trustees are required to
select suitable accounting policies and then apply them consistently,.
observe the methods and principles in the Charity SORP-
make judgements and estimates that are reasonable and prudent-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained
in the financial statements,.
prepare the financial statements on the going concern basis unless It is inappropriate to presume that the charity will continue
in business.
The trustees are responsible for keeping proper accounting records which disclose with ￿asOnable accuracy at any time the
financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Art 2011, the
Charity (Accounts and Reports) Regulations 2(K)8 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 irregularitie5.
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RSPCA RADCLIFFE SHELTER TRUST
REPORT OFTHE TRusfEES
FOR THE YEAR ENDED 31 DECEMBER 2024
05-Sep25 | 14:30 BST
. and signed on its behalf by..
Approved by order of the board of trustee5 on .
SvJTred ty.
..￿￿￿￿>17￿EFthlI_............................................
D Evans- Trustee
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REPORT OFTHE INDEPENDENT AUDITORSTOTHETRU5fEESOF
RSPCA RADCLIFFE SHELTER TRUST
Opinion
We have audited the financial statements of RSPCA RadclwFfe Shelter Trust Ithe 'charity'l for the year ended 31 December 2024
which comprise the Statement of Financial Activities. the Balance Sheet. the Cash Flow Statement and notes to the financial
statements, including a summary of significant accounting policies. The financial reporting framework that ha5 been applied in their
preparation is applicable law and United Kingdorn Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements..
give a true and fair view of the state of the charity's affairs as at 31 December 2024 and of its incoming resources and
application of resources, for the year then ended,.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,. and
have been prepared in accordance with the requirements of the Charities Art 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our
responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial statements
section of our report. We are independent of the charity in accordan￿ with the ethical requirements that are relevant to our audit
of the financial statements in the UK. including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in
accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide
a basis for our opinion.
Materlal uncertalnty related to golng concem
We draw attention to Note 17 in the financial statements, which indicates the trustees, intention to transfer the activities of the
charity to a newly registered CIO.
The transfer of activities is subject to charty Commission approval, which is expected to be within 12 months. The transfer of the
land and property is subjert to land registry approval, and the charity will be closed thereafter. As stated in Note 17, this may be
within 12 months, time, indicating that a material ￿n￿rtaInty exists that may cast significant doubt on the charity's continuation as
a going concern.
Our opinion is not modified in respect of this matter.
Other information
The trustees are responsible for the other inforniation. The other information comprises the information included in the Annual
Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not tover the other information and. except to the extent otherwise explicitly stated
in our report, we do not expre55 any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our ￿SponsIbl11ty is to ￿ad the other information and, in doing $0,
consider whether the other information is materially inconsistent with the financial statements or our knowle(Jge obtained in the
audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material
misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements
themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information,
we are required to report that fart. We have nothing to report in this regard.
Matters on which we are required to Teport by exception
We have nothing to report in respect of the following matters where the Charities IAccounts and Reports) Regulations 2008
requires us to report to you if. in our opinion:
the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements,. or
sufficient accounting records have not been kept: or
the financial statements are not in agreement with the accounting records and returns,. or
we have not received all the information and explanation5 we require for our audit.
Responslbllltles of trustees
As explained more fully in the Trustees, Responsibilities Statement, the trustees are responsible for the preparation of the financial
statements which give a true and fair view, an(J for such internal control as the trustees determine is necessary to enable the
preparation of financial statements that are free from material misstatement. whether due to frau¢J or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern,
disclosin& as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees
either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
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REPORT OFTHE INDEPENDENT AUDITORSTOTHETRU5fEESOF
RSPCA RADCLIFFE SHELTER TRUST
Our responsibilities for the audit of the financial statements
We have been appointed a5 auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and
relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material
misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our
opinion.Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS
IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered
material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken
on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
We have identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial
statements from our general commercial experience. knowledge of the sector. a review of regulatory and legal correspondence
and through discussion5 Wlth Trustees and other key management obtained as part of the work required by auditing standards. We
have a150 discussed with the Trustees and other key management the policies and procedure5 relating to compliance with laws and
regulations. We communicated laws and regulations throughoLrt the team and remained alert to any indications of non-compliance
throughout the audit. The potential impart of different laws and regulations varies considerably.
Firstly, the charity is subjert to laws and regulations that directly impact the financial statements Ifor example financial reporting
legislation) and we have assessed the extent of compliance with such laws as part of our financial statements audit. We evaluated
management's incentives and opportunities for fraudulent manipulation of the financial statements lincluding risk of override of
controls) and determined that the principal risks were related to management bias in accounting estimates and judgemental areas
of the financial statements such as the depreciation charge, as well as the risk of inappropriate journal entries to manipulate
reported surplus/deficit. Audit procedures performed by the engagement team included the identification and testing of unusual
material journal entries and challenging management on key estimates, assumptions and judgements made in the preparation of
the financial statements. We carried out detailed substantive tests on material accounting estimates, including reviewing the
methods and data used by management to make those estimates. r&performing the calculation and reviewing the outcome of
prior year estimates.
Secondly. the charity is subject to other laws and regulations where the consequence for non-compliance could have a material
effect on the amounts or disclosures in the financial statements. We identified the following areas as those most likely to have such
an effect.. Animal Welfare Act 2006. Safeguarding and Health and Safety regulations. Employment laws and Fundraising regulations.
The charity is subject to regular internal and external audits to ensure compliance with these areas.
Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the
Trustees and other key management and inspection. This inspection included a review of the external audits conducted within the
year for any evidence of non-compliance, reading minutes of meetings of those charged with governance, in addition to an
assessment of the charity's formal risk assessment. Through these procedures, if we became aware of any non-compliance, we
considered the impact on the procedures performed on the related financial statement items.
Owing to the inherent limitations of an audit. there is an unavoidable risk that we may not have detected some material
misstatements in the financial statements. even though we have properly planned and performed our audit in accordance with
auditing standards. The further removed non-compliance with laws and regulations is from the events and transartions reflected in
the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. As with
any audit, there is a greater risk of non4etection of irregularities as these may involve collusion. intentional omissions of the
override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect
non-compliance with all laws and regulations.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's
web51te at www.frt.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
Page 11

Docusign Envelope ID.. F2BC48DB-FB824C41-BB01-865C1C51 FFC2
REPORT OFTHE INDEPENDENT AUDITORSTOTHETRU5fEESOF
RSPCA RADCLIFFE SHELTER TRUST
Use of our report
This report 15 made solely to the charity'5 trustees. as a body. in accordance with Part 4 of the Charities IAccount5 and Reports)
Regulation5 2008. Our audit work has been undertaken 50 that we might state to the charity'5 trustee5 those matters we are
required to State to them in an auditors. report and for no other purpose. To the fullest extent permitted by law, we do not accept
or assume responsibility to anyone other than the charity and the chariws trustees as a body, for our audit work, for this report, or
for the opinions we have formed.
Signed by..
e87D073AF8O￿2..
Duncan & Toplis Audit Limited. Statutory Auditor
3 Princes Court
Royal Wav
Loughborough
Leicestershire
LEII 5XR
08-Sep-25 | 16:31 BST
Date..
Page 12

Docusign Envelope ID.. F2BC48DB-FB824C41-BB01-865C1C51 FFC2
RSPCA RADCLIFFE SHELTER TRUST
STATEMENT OF FINANCIAL A￿1VITIEs
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
Total
fund5
2023
Total
funds
UnrestTirted
fun(1
Restricted
funds
Designated
Notes
INCOME AND ENDOWMENTS
FROM
Donations and legacies
163,274
163,274
197,322
Charitable activities
Reception, boarding and care of
stray animals
Provision of education
441.692
23,(KKJ
441,692
23,(K)O
375,123
23,000
Other trading activitie5
Investment income
Other income
16.166
39.141
27.086
16.166
39.141
27.086
17,677
37.856
23.073
Totsl
710,359
710,359
674,051
EXPENDITURE ON
Raising funds
14.556
14,556
19,914
Charitable artivities
Reception, boarding and care of
stray animals
io
796.494
9.988
806,482
765,864
Other
211
Total
811.050
9.988
821.038
785,989
Net gains on investments
43.565
43,565
36,833
NET INCOMEIIEXPENDITUREI
157,1261
19,9881
167,1141
175,1051
RECONCILIATION OF FUNDS
Total funds brought forward
2.211,537
1,2(M).(KKJ
223,701
3,635,238
3,710,343
TOTAL FUNDS CARRIED FORWARD
2,154,411
1.2(K).CKXI
213,713
3,568,124
3,635,238
The notes form part of these financial statements
Page 13

Docusign Envelope ID.. F2BC48D&FB824C41-BB01-865C1C51 FFC2
RSPCA RAOCLIFFE SHELTER TRUST
BALANCE SHEET
31 DECEMBER 2024
2024
Total
fund5
2023
Total
funds
UnrestTicted
fun(1
Restricted
funds
Designated
Notes
FIXED ASSETS
Tangible assets
Investments
19
20
1,925,626
13.062
213,714
2,139,340
1,213,062
2,203,603
1,184,625
1.200.CMXJ
1.938,688
1,2(M).(MYJ
213,714
3,352,402
3.388,228
CURRENT ASSErs
Stocks
Debtors
Investments
Cash at bank and in hand
21
22
23
6,979
179.454
29.452
53.960
6,979
179.454
29.452
53.960
6,596
144.761
25,124
131.693
269.845
269,845
308,174
CREDITORS
Amounts falling due within one year 24
154,1231
154,1231
161,1641
NET CURRENT ASSETS
215.722
215,722
247,010
TOTAL ASSEfs LESS CURRENT
UABILITIES
2.154,410
1,2m.CKKJ
213,714
3.568,124
3.635,238
NET AssErs
2.154.410
1.2LK).LKYJ
213.714
3.568,124
3.635.238
FUNDS
Unrestricted funds
Restricted funds
25
3.354,410
213.714
3,411.537
223,701
TOTAL FUNDS
3,568,124
3,635,238
O&Sep-25 | 14'.30 BST
The f1nancial statements were approved by the Board of Trustees and authorised for issue on
were signed on its behalf bv=
and
BC23F0347AEF441..
D Evans- Trustee
The notes form part of these financial statements
Page 14

Docusign Envelope ID.. F2BC48DB-FB824C41-BB01-865C1C51 FFC2
RSPCA RADCLIFFE SHELTER TRUST
CASH FLOW STATEMEP
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Notes
Cash flows from operating artivitles
Cash generated from operations
Interest paid
1121.3941
123,2951
12111
Net cash used in operating artivities
1121,3941
123,5061
Cash flows from investing activities
Purchase of tangible fixed assets
Purchase of fixed asset investments
Sale of fixed asset investments
Interest received
Dividends received
16,2791
1278.7961
289,595
754
38.387
165,1541
1190,3641
198.504
657
37.199
Net cash provided by/lu5ed inl investing activities
43,661
119,1581
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning of
the reporting period
177,7331
142,6641
131,693
174,357
Cash and cash equivalents at the end of the
reporting period
53.960
131,693
The notes form part of these financial statements
Page IS

Docusign Envelope ID.. F2BC48DB-FB824C41-BB01-865C1C51 FFC2
RSPCA RADCLIFFE SHELTER TRUST
NOTES TO THE C4SH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2024
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING AcnvmES
2024
2023
Net expendlture for the reporting period las per the Ststement of Financial
Activities)
Adjustments for:
Depreciation charges
Gain on investments
Interest received
Interest paid
Dividends received
Ilncreaseljdecrease in stocks
Ilncreaselldecrease in debtors
IDecreasel/increase in creditors
167,1141
175,1051
70,543
143,5651
17541
81,177
136,8331
16571
211
137,1991
749
32,108
12,254
138,3871
13831
134.6931
17.0411
Net cash used in operations
1121.3941
123.2951
ANALYSIS OF CHANGES IN NET FUNDS
At 1.1.24
Cash flow
At 31.12.24
Net cash
Cash at bank and in hand
131,693
177,7331
53,960
131,693
177,7331
53,960
Liquid resources
Deposits included in cash
Current asset investments
25.124
4.328
29.452
25.124
4,328
29,452
Totsl
156,817
173,4051
83,412
The notes form part of these financial statements
Page 16

Docusign Envelope ID.. F2BC48DB-FB824C41-BB01-865C1C51 FFC2
RSPCA RADCLIFFE SHELTER TRUST
NOTES TO THE FINANCIAL STATEMETrtrs
FOR THE YEAR ENDED 31 DECEMBER 2024
GENERAL INFORMATION
RSPCA Radcliffe Shelter Trust is an unincorporated charity in England. The charity's registered number 15 2503759. The
charity's printipal address is 32 Nottingham Road, Radcliffe on Trent, Nottingham, NG12 2DW.
The financial statements are presented in sterling which is the fvnctional currency of the charity and are rounded to the
nearest £.
The finacial statements cover the individual entity.
The significant accounting policies applied in the preparation of these accounts are set out below. These policies have been
consistently applied to all years presented unless otherwise stated.
ACCOUNTING POUCIES
Basis of preparing the financial statements
The financial Statements of the charity. which is a public benefit entity ur)der FRS 102, have been prepared in accordance
with the Charitie5 SORP IFRS 1021 'Accounting and Reporting by Charitie5'. Statement of Recommended Practice applicable
to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland IFRS 1021 leffective l January 20191., Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland. and the Charities Art 2011. The financial statements have been prepared
under the historical cost convention, with the exception of investments which are included at market value, as modified by
the revaluation of certain assets.
The accounts Ifinancial statements) have been prepared to give a 'true and fair, view and have departed from the Charities
IAccounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view,. This departure has
involved following the relevant version of the Statement of Recommended Prartice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 rather
than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from l April 2005 which
has since been withdrawn.
Income
All income is recogni5ed in the Statement of Financial Activities once the charity has entitlement to the funds, it 15 probable
that the income will be received and the amount can be measured reliably.
For legacies, entitlement is taken as the earlier of the date on which either.. the charity is aware that probate has been
granted, the estate has been finalised and notification has been made by the executorlsl to the Trust that 8 distribution will
be made, or when a distribution is received from the estate. Receipt of a legary, in whole or in part, Is only considered
probable when the amount can be MeasU￿d reliably and the charity has been notified of the executor's intention to make
a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the
criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if
material.
Donated services or facilities are recognised when the charity has control over the item, any conditions associated with the
donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that
economic benefit can be measured reliably. In accordance with the Charities SORP IFR51021. the general volunteer time is
not recognised. Refer to the trustees, report for more information about their contribution.
On receipt, donated professional Services and donated facilities are recognised on the basis of the value of the gift to the
charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent
economic benefit on the open market.. a corresponding amount is then recognised in expenditure in the pefiod of receipt.
Income tax recoverable in ￿latiOn to (lonations received under Gift Aid or deeds of covenant is recognised at the time of
the donation.
Income from government and other grants. whether 'capital' or 'revenue' grants, is recognised when the charity has
entitlement to the funds, any performance conditions attached to the grants have been met, it is probable the income will
be received and the amount can be measured reliably and is not deferred.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity,. this
is normally upon notification of the interest paid or payable by the bank.
Page 17
continued...

Docusign Envelope ID.. F2BC48DB-FB824C41-BB01-865C1C51 FFC2
RSPCA RADCLIFFE SHELTER TRUST
NOTES TO THE FINANCIAL STATEMETrtrs- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POUCIES- continued
Expenditure
Expenditure is recognised once there is legal or tonstructive obligation to transfer economic benefit to a third party, it is
probable that a transfer of economic benefits will be requi￿￿ in settlement and the amount of the obligation can be
measured reliably. Expenditure is classified by activity. The costs of each artivity are made up of the total of direct costs
and shared costs, including support costs involved in undertaking each activity- Direct costs attributable to a single activity
are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable to a single artivity are apportioned between those activities on a basis consistent with the use of
resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of
the asset's use.
Fundraising costs are those incurred in seeking voluntary contributionsand do not include the costs of disseminating
information in 5UPPOrt of the charitable activities. Support costs are those costs incurred directly in support of expenditure
on the object5 of the charity and include project management carried out at Headquarters. Governance cost5 are those
incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
Costs of generating funds are costs incurred in attrarting voluntary income, and those incurred in trading activities that
raise funds.
All expenditure is inclusive of irrecoverable VAT.
Intangible assets and amortisation
Intangible assets costing £1,000 or more are capitalised and recognised when future economic benefits are probable and
the cost or value of the asset can be measured reliably.
Intangible assets are initially recognised at cost. After recognition. under the cost model, intangible assets are measured at
cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided on intangible assets at rates calculated to write off the cost of each asset on a straight line basis
over its expected useful life.
Amortisation is provided on the following ba5iS=
Web51te development
- 20% perannum of cost
Property. plant and equlpment
Property, plant and equipment costing £l,(KM) or more are capitalised and recognised when future economic benefits are
probable and the cost or value of the asset can be measured reliably.
Property, plant and equipment are initially recognised at cost. After recognition, under the cost model, property, plant and
equipment are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred
to bring property, plant and equipment into its intended working condition should be included in the measurement of cost.
At each reporting date the Charity assesses whether there is any indication of impairment. If such indication exists, the
recoverable amount of the asset is determined to be the higher of its fair value less costs to sell and its value in use. An
impairment loss is recognised where the carrying amount exceeds the recoverable amount. Impairment losses are
recognised in the statement of financial activities.
Depreciation is charged so as to allocate the cost of property, plant and equipment less their residual value over their
estimated useful lives.
Depreciation is provided on the following bases..
Freehold propertv
Fixtures and fittings
Computer equipment
- 2% perannum ofcost
- 20% perannum ofcost
- 20% perannum ofcost
Inventories
Inventories are valued at the lower of cost and net realisable value after making due allowance for obsolete and
slow-moving inventory. Cost includes all direct costs.
Page 18
continued...

Docusign Envelope ID.. F2BC48DB-FB824C41-BB01-865C1C51 FFC2
RSPCA RADCLIFFE SHELTER TRUST
NOTES TO THE FINANCIAL STATEMETrtrs- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POUCIES- continued
Taxation
The Trust is a registered charity and, as such, is not liability to income, corporation or capital gains tsx.
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the
general objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes.
Restrirted funds are funds which are to be used in accordance with spectfic restrirtions imposed by donors or which have
been raised by the Charity for particular purposes. The costs of raising and administering such fund5 are charged against
the specific fund.
Investment income. gains and losses are allocated to the appropriate fur)d.
Further explanation of the nature and purpose of each fund 15 included in the notes to the financial statements.
Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are
valued at the amount prepaid net of any trade discounts due.
Investments
Fixed asset investments are measured at fair value if the shares are publicly traded or can otherwise be measured reliably.
The fair value is represented by the bid price at the financial reporting date.
Realised and unrealised gains or losses on investments are accounted for in full within the particular fund of which the
investment form5 3 part.
Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or
less from the date of acquisition or opening of the depNJsit or similar account.
Penslon costs and other post-retirement beneffts
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are
charged to the Statement of Financial Activities in the period to which they relate.
Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financi31 instruments. Basic
financial instruments are init1311y recognised at transaction value and subsequently measured at their settlement value with
the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Liabilities and prO￿S1On5
Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that
a transfer of economic benefit will be required in settlement. and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has
received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time
value of money is material, the provision is based on the p￿sent value of those amounts, discounted at the pre-tax
discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the statement of
financial attivities as a finance cost.
Operating leases
Rentals paid under operating leases are charged to the statement of financial activities on a straight-line basis over the
lease term.
Page 19
continued...

Docusign Envelope ID.. F2BC48DB-FB824C41-BB01-865C1C51 FFC2
RSPCA RADCLIFFE SHELTER TRUST
NOTES TO THE FINANCIAL STATEMETrtrs- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
SIGNIFICANT ACCOUNTING JUDGEMENTS AND KEY SOURCES OF EsnMATION UNCERTAINTY
In the application of the charitable company's accounting policies, rnanagement is required to make judgement5, estimates
and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The
estimates and underlying assumptions are based on historical experien￿ and other fartors that are considered to be
relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are
recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the
revision and future periods if the revision affects both current and future periods.
There are no significant accounting judgements or estimation uncertainty that, in the opinion of the trustees, will have a
material effect on the financial statements.
DONATIONS AND LEGACIES
2024
2023
General donations
Legaties
76,731
86,543
110,951
86,371
163,274
197,322
The charity receives donations of animal food for use within its charitable activities. However, the trustees believe that the
cost and practicality of forming a reliable estimate of the value of these donations outweighs the benefits to the users of
the financial statements of including this figure, and as such the value of donated goods has not been quantified in the
Statement of Financial Artivities.
OTHER TRADING A￿1v￿E5
2024
2023
Shop income
16.166
17.677
INVESTMENT INCOME
2024
2023
Dividends from listed investments
Deposit account interest
38,387
754
37,199
657
39.141
37,856
INCOME FROM CHARITABLE A￿1VITIEs
2024
2023
Activity
Income from charitable activities Reception. boarding and care of stray animals
Income from charitable activities Provision of education
441.692
23.000
375,123
23.000
464,692
398,123
Page 20
continued...

Docusign Envelope ID.. F2BC48DB-FB824C41-BB01-865C1C51FFC2
RSPCA RADCLIFFE SHELTER TRUST
NOTES TO THE FINANCIAL STATEMETrITS- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
OTHER INCOME
2024
2023
Commissions receivable
Sundry Income
19,532
7,554
18,267
4,806
27,086
23,073
RAISING FUNDS
Other trading activities
2024
2023
Purchases
3,756
5,606
Investment management costs
2024
2023
Investment advice
10,800
14,308
Aggregate amounts
14.556
19,914
io.
CHARITABLE AcTIV￿lEs cosrs
Dirert
Costs15ee
note 111
Support
costs (see
note 121
Totals
Reception, boarding and care of stray
animals
627.288
179,194
806,482
ii.
DIREcf COSTS OF CHARITABLE AcnvmES
2024
2023
Staff costs
Rates
Insurance
Postage and stationery
General maintenance
Motor and travel
External veterinary fees
Drugs and vaccines
Microchip5
Body disp05als and clinical waste
Food
Animal consumables
General cleaning
Animal care booklets and tags
Sundry expenses
Staff training
Depreciation
436,534
1.035
4.338
644
53,718
3.875
2.830
29.896
1.409
440
3,399
16,597
7,615
1,196
1,398
6,141
56.223
378,280
1,441
3,001
I,oio
46,567
2,844
1,546
39.436
1.652
1,072
3,427
16,687
8,674
1,944
2,314
370
56,223
627,288
566,488
Page 21
continued...

Docusign Envelope ID.. F2BC48DB-FB824C41-BB01-865C1C51 FFC2
RSPCA RADCLIFFE SHELTER TRUST
NOTES TO THE FINANCIAL STATEMETrtrs- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
12.
SUPPORT COSTS
Governance
Costs
Other
Tota15
Reception, boarding and care of stray animals
164,354
14,840
179,194
13.
AUDITORS, REMUNERATION
2024
2023
Fees payable to the charity's auditors for the audit of the charity's financial
statements
Fees payable to the charity's auditors for other services..
Preparation of the charity's financial statements
12.720
12,000
2,120
2,000
14.
TRUSTEES, REMUNERATION AND BENEFrrs
There were no trustees, remuneration or other beneftts for the year ended 31 December 2024 nor for the year ended
31 December 2023.
Trustees, expenses
During the year. one trustee was reimbursed expenses totalling £32 12023= £INilll in relation to photocopying costs
incurred while carrying out trustee duties. These expenses were supported by appropriate documentation.
15.
STAFF COSTS
2024
2023
Wages and salaries
Social security costs
Other pension costs
461.336
28.222
10.770
419.907
24.699
10.206
500,328
454,812
The average monthly number of employees during the year was as follows-
2024
15
2023
13
li
Full Time
Part Time
24
24
No employees received emoluments in excess of £60.IKK).
The key management personnel of the Trust relates to management of the animal centre. Total remuneration includirbg
employers pension and national insurance contributions was £64.36412023 - £60,350).
The Trust reteives significant amounts of assistance in the fomi of volunteering both by individuals and corporate
organisations. Whilst this assistance is invaluable to the Trust, it is not possible to value in monetary terms the extent of
this assistance and accordingly, the income and expenditure is not included.
Page 22
continued...

Docusign Envelope ID.. F2BC48D&FB824C41-BB01-865C1C51 FFC2
RSPCA RADCLIFFE SHELTER TRUST
NOTES TO THE FINANCIAL STATEMETrITS- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
16.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTNMES
Unrestricted
fund
Restricted
fund5
Total
funds
Designated
INCOME AND ENDOWMENTS FROM
Donations and legacies
184,509
12,813
197,322
Charitable activitie5
Reception, boarding and care of stray animals
Provision of education
375,123
23,OIKJ
375,123
23,000
Other trading activities
Investment income
Other income
17,677
37.856
23.073
17,677
37,856
23,073
Total
661.238
12.813
674,051
EXPENDITURE ON
Raising funds
19,914
19,914
Charitable artivities
Reception, boarding and care of stray animals
759,202
6,662
765,864
Other
211
211
Total
779,327
6,662
785,989
Net gains on investments
36.833
36,833
NET INCOMEIIEXPENDrruRE)
181.2561
6,151
175,1051
RECONCILIATION OF FUNDS
Total funds brought forward
2,292,793
1,2(M),O(Kl
217,550
3,710,343
TOTAL FUNDS CARRIED FORWARD
2,211,537
I,21￿),000
223,701
3,635,238
17.
GOING CONCERN-TRANSFER OF OPERATIONS
In April 2025. a new CIO registration was granted for The Royal Society for the Prevention of Cruelty to Animals Radcliffe
Animal Shelter Nottinghamshire CIO. registered charity number 1212852.
It is the intention of the trustees to transfer all activwties of the charity to this new CIO when Charity Commission approval
is given, which is expected to be within 12 months.
The charity will ultimately be closed when land registry approval is received for the transfer of the land and property, which
may also be within 12 months. time.
The activities of the charity will be unaffected, and all assets and liabilities will be transferred at their carrying value.
Therefore, no adjustments will be required as a result of this.
Accordingly, the trustees have chosen to adopt the going concern basis in preparing the financial statements.
However. the trustees note a material uncertainty exists.
Page 23
continued...

Docusign Envelope ID.. F2BC48DB-FB824C41-BB01-865C1C51 FFC2
RSPCA RADCLIFFE SHELTER TRUST
NOTES TO THE FINANCIAL STATEMETrtrs- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
18.
INTANGIBLE FIXED ASSETS
Website
COST
At I january 2024 and 31 December 2024
12,000
AMORTISATION
At I january 2024 and 31 December 2024
12,000
NET BOOK VALUE
At 31 December 2024
At 310ecember 2023
19.
TANGIBLE FIXED ASSErs
Fixtures
and
fittings
Freehold
property
Computer
equipment
Totals
COST
At I january 2024
Additions
2,811,164
160,933
6,279
18,186
2,990,283
6,279
At 31 December 2024
2.811,164
167,212
18,186
2,996,562
DEPRECIATION
At I january 2024
Charge for year
631.776
56.223
137,033
14,004
17,871
315
786,680
70,542
At 31 December 2024
687.999
151.037
18.186
857.222
NET BOOK VALUE
At 31 December 2024
2,123.165
16.175
2,139,340
At 31 December 2023
2,179,388
23,9(X)
315
2,203,603
20.
FIXED ASSET INVESTMENTS
Listed
investments
MARK￿ VALUE
At I january 2024
Additions
Disposals
Revaluations
1,184,625
283,974
1289.5951
34.058
At 31 December 2024
1,213,062
NET BOOK VALUE
At 31 December 2024
1,213,062
At 31 December 2023
1,184,625
There were no investment assets outside the UK.
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Docusign Envelope ID.. F2BC48DB-FB824C41-BB01-865C1C51 FFC2
RSPCA RADCLIFFE SHELTER TRUST
NOTES TO THE FINANCIAL STATEMETrtrs- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
20.
FIXED ASSET INVESTMENTS- continued
C05t or valuation at 31 December 2024 is represented by-
Listed
investments
Valuation in 2024
1,213,062
21.
STOCKS
2024
2023
Stocks
6,979
6,596
22.
DEBTORS: AMouTr¥fs FALLING DUE wrrHIN ONE YEAR
2024
2023
Trade debtors
Gift aid recoverable
Prepayments
74,588
10,842
94,024
68,372
8,362
68,027
179,454
144,761
23.
CURRENT Ass￿ INVESTMENTS
2024
2023
Cash on deposit investments
29.452
25,124
24.
CREDITORS: Amouiifs FALUNG DUE WtTrllN ONE YEAR
2024
2023
Trade creditors
Social security and other taxes
Other creditors
Accrued expenses
16,866
12,183
2,480
22,594
17,734
20,504
1,982
20,944
54.123
61,164
25.
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.12.24
At 1.1.24
Unrestrirted funds
General fund
Reserves to cover fluctuations in income
2,211,537
1.200,CI)O
157,1271
2,154,410
1,200,000
3.411,537
157,1271
3,354,410
Restrirted funds
Restricted fixed asset fund
RSPCA Notts
Nottingham University
214,150
5,413
4,138
17,6001
11,3531
11,0341
206,550
4,060
3,104
223,701
19,9871
213,714
TOTAL FUNDS
3.635.238
167.1141
3.568,124
Page 25
continued...

Docusign Envelope ID.. F2BC48D&FB824C41-BB01-865C1C51 FFC2
RSPCA RAOCLIFFE SHELTER TRUST
NOTES TO THE FINANCIAL STATEMETrtrs- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
25.
MOVEMENT IN FUNDS- tontinued
Net movement in funds, included in the above are as follows-
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
710.359
1811.0511
43,565
157,1271
Restricted funds
Restricted fixed asset fund
RSPCA Notts
Nottingham University
17,6001
11.3531
11.0341
17,6001
11.3531
11.0341
19.9871
19.9871
TOTAL FUNDS
710,359
1821,0381
43,565
167,1141
Comparatives for movement in funds
Net
movement
in funds
At
31.12.23
At 1.1.23
Unrestricted funds
General fund
Reserves to cover fluctuations in income
2,292.793
1,200.WO
181,2561
2.211,537
1.200,000
3.492.793
181.2561
3,411.537
Restrirted funds
Restricted fixed asset fund
RSPCA Nott5
Nottingham University
217.550
13,4001
5,413
4,138
214,150
5,413
4,138
217,550
6,151
223,701
TOTAL FUNDS
3,710,343
175,1051
3,635,238
Comparative net movement in funds, included in the above a￿ as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
661,238
1779.3271
36,833
181,2561
Restrirted funds
Restricted fixed asset fund
RSPCA Notts
Nottingham University
13,4001
11,3531
11,9091
13,4001
5,413
4,138
6,766
6.047
12.813
16,6621
6,151
TOTAL FUNDS
674.051
1785,9891
36,833
175,1051
Resticted fixed asset fund
The restricted fixed asset fund relates to the rebuild project which took place in 2013, the animal ambulances which were
also purchased in 2013 and monies in relation to the new veterinary facilities in 2019. treatment room and new cattery.
Page 26
continued...

Docusign Envelope ID.. F2BC48D&FB824C41-BB01-865C1C51 FFC2
RSPCA RADCLIFFE SHELTER TRUST
NOTES TO THE FINANCIAL STATEMETrtrs- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
25.
MOVEMENT IN FUNDS- tontinued
Reserves to cover Ilurtuations in Income
The designated lund was set up to cover fluctuations in voluntary income le.g. legacies) in future periods.
RSPCA Notts
This relates to a macerator purchased in 2023 which was fijnded by RSPCA Nottingham and Nottinghamshire.
Nottingham University
This relates to an air conditioning unit installed in 2023 which was funded by Nottingham University.
26.
EMPLOYEE BENEF￿ OBUGAMONS
The pension cost charge represents contributions payable by the charity to a separately independently administered fund
and amounted to £10.770 12023= £10.2061.
A total of £88712023..£8501 in contribLWtion5 were outstanding at the balance Sheet date.
27.
OTHER FINANCIAL COMMITMENTS
The charity has commitments to make minimum lease payments under non-cancellable leases as follows-
2024
2023
In one year
2-5 years
3,582
2.344
5,971
5,926
5.926
11,897
RELATED PARTY DISCLOSURES
David Evan5 who 15 a trustee of RSPCA R3dtliffe ShelterTrust 15 also a trustee of RSPC4 Nottinghamshire East.
During the year RSPCA Radcliffe Shelter Trust charged RSPCA Nottinghamshire East £35112023.. £5391 for vets fees and
contributions for animals brought in from the branch.
At 31 December 2024 an amount of £35112023.. £5391 was owed by RSPCA Nottingham East.
29.
FINANCIAL INSTRUMENTS
The carrying amount of the charity's financial instruments are as follows:
2024
2023
Financial assets at fairvalue through incorne and expenditure
Listed investments
1,213,062
1,184,625
The incomes, expenses, net gains and net losses attributable to the charity's financial instruments are summarised as
follows..
2024
2023
Net gains and losses lincluding changes in fair value)
Financial assets measured at fair value through net income/expenditure
43,565
36,833
The total dividend income from financial assets that are measured at fair value through the income statement was £38,387
12023- £37.1991.
Page 27
continued...

Docusign Envelope ID.. F2BC48D&FB824C41-BB01-865C1C51 FFC2
RSPCA RAOCLIFFE SHELTER TRUST
NOTES TO THE FINANCIAL STATEMETrtrs- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
30.
CONTINGENT ASSETS
At the balance sheet date, the charwty has been notifie(l of a further two legacies which it will receive a share of. However,
the amount of the charity's share of these legacies is not known and therefore no amounts have been recognised within
these financial statements in respect of these legacies.
Page 28