REGISTERED CHARITY NUMBER: 506701
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
MONTGOMERY & RADNORSHIRE BRANCH RSPCA
D.R.E & Co. Limited Chartered Accountants Rosemount The Bank Newtown Powys SY16 2AB
MONTGOMERY & RADNORSHIRE BRANCH RSPCA
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Statement of Financial Activities | 2 | ||
| Balance Sheet | 3 | ||
| Notes to the Financial Statements | 4 | to | 7 |
| Detailed Statement of Financial Activities | 8 |
MONTGOMERY & RADNORSHIRE BRANCH RSPCA
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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 (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
506701
Principal address
Garth Cottage Fachwen Newtown Powys SY16 3LN
Trustees
Jenny Lloyd Chairman Susan McVicar Andrew McVicar Margaret Mcinally Vikki Hunt Deborah Shaw
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Jenny Lloyd - Trustee
Page 1
MONTGOMERY & RADNORSHIRE BRANCH RSPCA
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
| 31.12.24 | 31.12.23 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | £ | £ | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies | 28,453 | 22,165 | 50,618 | 33,972 | ||
| Investment income | 2 | 372 | - | 372 | 86 | |
| Total | 28,825 | 22,165 | 50,990 | 34,058 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 4,373 | - | 4,373 | 3,716 | ||
| Charitable activities | ||||||
| Neutering Farm & Stray Cats | 3,529 | - | 3,529 | 2,125 | ||
| Neutering Farm Dogs | 7,984 | - | 7,984 | 5,203 | ||
| Welfare | 21,424 | - | 21,424 | 19,697 | ||
| Purchases | 2,388 | - | 2,388 | 667 | ||
| Neutering Scheme Dogs | 5,412 | - | 5,412 | - | ||
| Total | 45,110 | - | 45,110 | 31,408 | ||
| NET INCOME/(EXPENDITURE) | (16,285) | 22,165 | 5,880 | 2,650 | ||
| RECONCILIATION OF FUNDS | ||||||
| Total funds brought forward | 42,698 | - | 42,698 | 40,048 | ||
| TOTAL FUNDS CARRIED FORWARD | 26,413 | 22,165 | 48,578 | 42,698 |
The notes form part of these financial statements
Page 2
MONTGOMERY & RADNORSHIRE BRANCH RSPCA
BALANCE SHEET 31 DECEMBER 2024
| 31.12.24 | 31.12.23 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Cash at bank and in hand | 26,413 | 22,165 | 48,578 | 42,698 | |
| NET CURRENT ASSETS | 26,413 | 22,165 | 48,578 | 42,698 | |
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | 26,413 | 22,165 | 48,578 | 42,698 | |
| NET ASSETS | 26,413 | 22,165 | 48,578 | 42,698 | |
| FUNDS | 5 | ||||
| Unrestricted funds | 26,413 | 42,698 | |||
| Restricted funds | 22,165 | - | |||
| TOTAL FUNDS | 48,578 | 42,698 |
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Susan McVicar - Trustee
The notes form part of these financial statements
Page 3
MONTGOMERY & RADNORSHIRE BRANCH RSPCA
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 31.12.24 | 31.12.23 | |
| £ | £ | |
| Deposit account interest | 372 | 86 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
continued...
Page 4
MONTGOMERY & RADNORSHIRE BRANCH RSPCA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
| 4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|---|---|
| Unrestricted | |||||
| funds | |||||
| £ | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 33,972 | ||||
| Investment income | 86 | ||||
| Total | 34,058 | ||||
| EXPENDITURE ON | |||||
| Raising funds | 3,716 | ||||
| Charitable activities | |||||
| Neutering Farm & Stray Cats | 2,125 | ||||
| Neutering Farm Dogs | 5,203 | ||||
| Welfare | 19,697 | ||||
| Purchases | 667 | ||||
| Total | 31,408 | ||||
| NET INCOME | 2,650 | ||||
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 40,048 | ||||
| TOTAL FUNDS CARRIED FORWARD | 42,698 | ||||
| 5. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1.1.24 | in funds | 31.12.24 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| Regional Fund | 42,698 | (16,285) | 26,413 | ||
| Restricted funds | |||||
| Marie Staines Fund | - | 6,607 | 6,607 | ||
| June Thomas Fund | - | 15,558 | 15,558 | ||
| - | 22,165 | 22,165 | |||
| TOTAL FUNDS | 42,698 | 5,880 | 48,578 |
Page 5
continued...
MONTGOMERY & RADNORSHIRE BRANCH RSPCA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
5. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| Regional Fund | 28,825 | (45,110) | (16,285) |
| Restricted funds | |||
| Marie Staines Fund | 6,607 | - | 6,607 |
| June Thomas Fund | 15,558 | - | 15,558 |
| 22,165 | - | 22,165 | |
| TOTAL FUNDS | 50,990 | (45,110) | 5,880 |
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.1.23 | in funds | 31.12.23 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| Regional Fund | 40,048 | 2,650 | 42,698 |
| TOTAL FUNDS | 40,048 | 2,650 | 42,698 |
| Comparative net movement in funds, included | in the above are as follows: | ||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| Regional Fund | 34,058 | (31,408) | 2,650 |
| TOTAL FUNDS | 34,058 | (31,408) | 2,650 |
Page 6
continued...
MONTGOMERY & RADNORSHIRE BRANCH RSPCA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
5. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.1.23 | in funds | 31.12.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| Regional Fund | 40,048 | (13,635) | 26,413 | |
| Restricted funds | ||||
| Marie Staines Fund | - | 6,607 | 6,607 | |
| June Thomas Fund | - | 15,558 | 15,558 | |
| - | 22,165 | 22,165 | ||
| TOTAL FUNDS | 40,048 | 8,530 | 48,578 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| Regional Fund | 62,883 | (76,518) | (13,635) |
| Restricted funds | |||
| Marie Staines Fund | 6,607 | - | 6,607 |
| June Thomas Fund | 15,558 | - | 15,558 |
| 22,165 | - | 22,165 | |
| TOTAL FUNDS | 85,048 | (76,518) | 8,530 |
6. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
Page 7
MONTGOMERY & RADNORSHIRE BRANCH RSPCA
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 |
||
|---|---|---|
| 31.12.24 | 31.12.23 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 2,183 | 812 |
| Legacies | 22,165 | - |
| Grants | 1,125 | 10,000 |
| Subscriptions | 229 | 66 |
| RSPCA Neutering Scheme | 1,600 | - |
| Door to door | 21,816 | 23,094 |
| RSPCA Branch Refund | 1,500 | - |
| 50,618 | 33,972 | |
| Investment income | ||
| Deposit account interest | 372 | 86 |
| Total incoming resources | 50,990 | 34,058 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| RSPCA Branch contribution | 551 | 1,378 |
| Insurance | 862 | 629 |
| Accountancy | 984 | 600 |
| Telephone | 696 | 477 |
| Postage and stationery | 339 | 170 |
| Other | 941 | 422 |
| Data protection | - | 40 |
| 4,373 | 3,716 | |
| Charitable activities | ||
| Neutering Farm Dogs | 13,396 | 5,203 |
| Neutering Farm & Stray Cats | 3,529 | 2,125 |
| Welfare | 21,424 | 19,697 |
| Purchases | 2,388 | 667 |
| 40,737 | 27,692 | |
| Total resources expended | 45,110 | 31,408 |
| Net income | 5,880 | 2,650 |
This page does not form part of the statutory financial statements
Page 8
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Signed by Susan McVicar using authentication code M1YxNVNFMXwzNm5r at IP address 86.140.172.6, on 2025/05/01 09:08:01 Z.
Susan McVicar's e-mail address is: andrewmcvicar245@btinternet.com.