## **RSPCA LINCOLNSHIRE EAST BRANCH**
# **Report and Financial Statements**
**For the year ended 31[st] December 2023**
## **RSPCA Lincolnshire East Branch**
## **Financial Statements**
## **For the year ended 31[st] December 2023**
## **Contents**
||**Pages**|
|---|---|
|Legal and Administrative Information|3|
|Report of the Trustees|4-6|
|Independent Examiners Report|7|
|Statement of Financial Activities|8|
|Balance Sheet|9|
|Notes to the Financial Statements|10-13|
## **RSPCA Lincolnshire East Branch**
## **Legal and administrative information**
## **Trustees**
Rosemary Bachmann - Honorary Chairperson Julia Ely Sue Spencer Patricia Nicolson Christine Williams - Honorary Secretary Kathryn Hoffman Graham Dayes - resigned 10th January 2023 George Moody - appointed 19th June 2023
## **Principal Office:**
18 Market Place Boston Lincolnshire PE21 6EH Telephone No: 01205 362404
## **Independent Examiner**
Josh Rowbottom ACA TC Group Chartered Certified Accountants 1 - 4 London Road Spalding Lincolnshire PE11 2TA
## **Bankers**
CAF Bank Limited Lloyds Bank 25 Kings Hill Avenue 2 Hall Place West Malling Spalding Kent Lincs EC2U 7HN PE11 1SF
3
## **RSPCA Lincolnshire East Branch**
## **Report of the Trustees for the Year ended 31 December 2023**
The Trustees present their annual report with the financial statements for the year ended 31 December 2023. The financial statements have been prepared in accordance with the accounting policies set out on page 9 and comply with applicable law and the Statement of Recommended Practice – Accounting and Reporting by Charities (SORP 2015).
## **Structure, Governance and Management of the Charitable Funds**
The Charity was constituted under a trust deed dated 29 June 1978, the registered number of the charity is 507301 and it is governed by the RSPCA branch rules (effective 18 February 2009).
## **Our charitable objectives**
We promote the work and objects of the national RSPCA, being to prevent cruelty, promote kindness and to alleviate the suffering of animals, in the East Lincolnshire area. The charity seeks to further these objectives by:
- taking in to care and re homing unwanted and stray pets
- assisting pet owners in the Branch area who are on low incomes with payment of veterinary treatment.
- providing subsidised neutering and micro-chipping
## **Trustees**
RSPCA Lincolnshire East Branch has continued to be managed by local trustees.
## **Risk management**
The Trustees review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves at current levels, combined with the internal financial control system in operation, will provide sufficient resources in the adverse conditions. The trustees examine the major risks that the charity faces each financial year when preparing and updating the strategic plan.
4
## **RSPCA Lincolnshire East Branch**
## **Report of the Trustees for the Year ended 31 December 2023**
## **Chairman’s Review of activities and achievements**
RSPCA Lincolnshire East Branch 2023
The branch has continued with its vital animal welfare work during the past year, with the emphasis being placed on supporting the RSPCA Inspectorate across the branch area.
We have in addition assisted the general public with veterinary fees and welfare assistance. The Branch is trying to support as many people with their animals as possible, during the current cost of living crisis, with help including paying for initial veterinary consultations, help towards fees and assistance with neutering costs and we have provision to provide welfare food to those in need.
The branch would welcome support by members of the public in delivering this work and we are actively seeking new trustees to help in running the branch.
The Trustees would like to thank Acorn Lodge boarding kennels, and The Lodge cattery for their work and care and support for the branch. The trustees would also like to thank South Lincs Veterinary group and numerous other veterinary practices in the branch area for their dedication and support to the branch and its work.
The branch has directly rehomed to members of the public during the past year 83 cats and kittens as well as 4 dogs. We have given advice on animal welfare to over 300 people and assisted members of the public with veterinary costs on 119 occasions.
We have neutered and FIV checked before re-releasing 10 feral cats who have been returned to their colonies which are monitored by supporters within the branch.
Of the animals we rehomed 44 of these came into our care from the National RSPCA inspectorate and we are proud of the level of support that we give to the RSPCA Inspectors in the branch area. We have also successfully expanded the number of voluntary foster carers that we have in the branch area enabling us to provide comprehensive support to cats needing additional assistance prior to rehoming. We wish to thank the foster carers that support us with this work.
The branch has successfully expanded the support that we are able to provide to local food bank initiatives. We now support 6 food banks across the branch area with food being donated at local supermarkets by the general public and being distributed on a regular basis to the foodbanks by the branch trustees.
The branch would also like to thank all of its suporters.
5
## **RSPCA Lincolnshire East Branch**
## **Report of the Trustees for the Year ended 31 December 2023**
## **Statement of Trustees’ responsibilities**
Under the Charities Act 2011, the trustees are required 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 in the year. In preparing these financial statements, the trustees are required to:
- Select suitable accounting policies and apply them consistently
- Make judgements and estimates that are reasonable and prudent
- State whether applicable accounting standards and statements of
- recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and
- Prepare the financial statements on a going concern basis unless it is
- inappropriate to presume that the charity will continue its operations
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the regulations under the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the charity’s assets and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the RSPCA Lincolnshire East Branch Trustees:
**…………………………………..**
Rosemary Bachmann - Branch Honorary Chairperson
Dated
6
## **RSPCA Lincolnshire East Branch**
## **Independent examiner’s Report to the Trustees of RSPCA Lincolnshire East Branch**
I report on the accounts of the RSPCA Lincolnshire East Branch for the year ended 31 December 2023 which are set out on pages 9 to 13.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the 2011Act,
follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act, and state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with section 130 of the 2011Act: and
- to prepare accounts which accord with the accounting records and comply with the
- accounting requirements of the 2011 Act have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Josh Rowbottom ACA TC Group 1 - 4 London Road Spalding Lincolnshire PE11 2TA
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## **RSPCA Lincolnshire East Branch Statement of Financial Activities For the year ended 31st December 2023**
|**Unrestricted**
**Funds**
**Notes**
**£**
**INCOME**
1
Investment income & interest
4
703
Voluntary income
2
56,173
Trading income
3
31,889
Fundraising activities
4
24,968
**TOTAL INCOME**
113,733
**EXPENDITURE**
Administration
5
82,109
Trading expenses
5
48,251
**TOTAL EXPENITURE**
130,360
**NET INCOME/(EXPENDITURE)**
**FOR THE YEAR**
(16,626)
**NET GAINS/(LOSSES) ON INVESTMENTS**
**unrealised**
7
1,979
**NET MOVEMENT IN FUNDS**
(14,648)
**TOTAL FUNDS BROUGHT FORWARD**
**at 1 January 2022**
187,002
**TOTAL FUNDS CARRIED FORWARD**
**at 31 December 2023**
172,354|**Restricted**
**Funds**
**£**
-
-
-
-
-
-|**Total**
**Total**
**2023**
**2022**
**£**
**£**
**703**
419
**56,173**
9,236
**31,889**
33,304
**24,968**
25,510
**113,733**
68,469
**82,109**
106,016
**48,251**
49,135
**130,360**
155,151
**(16,626)**
**(86,682)**
**1,979**
(3,539)
**(14,648)**
(90,220)
**187,002**
277,222
**172,354**
187,002|
|---|---|---|
8
## **RSPCA Lincolnshire East Branch Balance Sheet As at 31st December 2023**
|**Unrestricted**
**Funds**
**Note**
**£**
**FIXED ASSETS :**
**Tangible Assets**
Motor vehicle
1
**Investments**
National Saving Income Bond
(purchased March 1992)
7
5,000
M & G Charities Fixed Interest
Common Investment Fund
7
18,694
23,694
**TOTAL FIXED ASSETS**
23,694
**CURRENT ASSETS :**
Cash at Bank
Lloyds High Interest account
140,033
Lloyds instant access account
332
CAF current account
18,601
Cash in hand
27
VAT refund due
Debtors
1,253
**CREDITORS**
(11,585)
148,661
**NET ASSETS**
172,354
**TOTAL FUNDS OF THE CHARITY**
172,354|**Restricted**
**Funds**
**£**
-
-
-|**Total**
**2023**
**£**
**5,000**
**18,694**
**23,694**
**23,694**
**140,033**
**332**
**18,601**
**27**
**1,253**
**(11,585)**
148,661
**172,354**
**172,354**|**Total**
**2022**
**£**|
|---|---|---|---|
||||5,000
16,715|
||||21,715|
|||||
||||21,715|
||||139,351
329
29,303
45
1,706|
|||||
||||(5,447)|
|||||
||||165,287|
|||||
||||187,001|
||||187,001|
## **Approved on behalf of the trustees**
R Bachmann, Honorary Chair Person
…………..
9
## **RSPCA Lincolnshire East Branch Notes to the Financial Statements For the year ended 31st December 2023**
## **1 Accounting Policies:**
## **a. Accounting convention**
The financial statements are prepared under the historical cost convention and in accordance with applicable accounting standards. In preparing the financial statements the charity follows best practice as set out in the Statement of Recommended Practice: Accounting and Reporting by Charities' (SORP 2015) (effective 1 January 2015). However, it is not required to prepare accounts on an accruals basis.
## **b. Income**
Income is recognised on a receipts basis.
## **c. Expenditure**
Expenditure is included on a payments basis.
## **d. Capitalisation of tangible fixed assets**
Tangible fixed assets are, as a general rule, not capitalised. However, a fixed asset register is maintained to enable the trustees to fulfil their obligations to safeguard the assets that the charity uses. The Charity owns no fixed assets.
## **e. Investments**
Investments are valued at market value at the year end, or are included at the trustee's best estimate of market value.
## **f. Stocks and gifts in kind**
Stocks are valued at the lower of cost or market value. Donated items pending sale are not included within stock, and are dealt with when funds are realised from their sale.
## **g. Fund accounting**
The charity's funds are unrestricted general income funds, these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.
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## **RSPCA Lincolnshire East Branch Notes to the Financial Statements For the year ended 31st December 2023**
|**2.**
**Voluntary income**
Donations
Bequests and legacies
Rehoming fees
Subscriptions
Grants
Emergency fund refund
Pet insurance
Gift aid
**3.**
**Trading income**
Sales
Recycling
Grant
**4.**
**Fund raising income**
National door to door
Boxes
**4.2 Investment income and interest**
Interest|**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**2023**
£
£
£
7,585
**7,585**
37,510
**37,510**
7,760
**7,760**
0
**0**
1,000
**1,000**
0
**0**
0
**0**
2,318
**2,318**
56,173
**56,173**
31,485
**31,485**
404
**404**
0
**0**
31,889
**31,889**
21,716
**21,716**
3,252
**3,252**
24,968
**24,968**
703
**703**
703
703|**Total**
**2022**
£
3,707
0
5,164
0
0
0
0
365|
|---|---|---|
|||**9,236**|
|||32,885
419
0|
|||**33,304**|
|||19,910
5,600|
|||**25,510**|
|||419
**419**|
**RSPCA Lincolnshire East Branch Notes to the Financial Statements For the year ended 31st December 2023**
|**5.**
**Expenditure**
**Administration**
Regional contribution
Events expenditure
Veterinary fees
Kennel and cattery hire
Cat fostering costs
Insurance
PPS and advertising
Telephone
**Branch administration**
Salaries
Redundancy
Accountancy
Bookeeping
Travel and mileage
Bank charges
Sundries
Ferret rescue
Storage
Consultancy
Profit/loss on disposal
Depreciation of vehicle
**Total**|**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**2023**
£
£
£
0
**0**
0
**0**
32,174
**32,174**
27,202
**27,202**
782
**782**
1,472
**1,472**
336
**336**
187
**187**
**-**
13,672
**13,672**
0
**0**
2,430
**2,430**
220
**220**
519
**519**
587
**587**
2,015
**2,015**
272
**272**
-60
**-60**
300
**300**
-
**-**
82,109
**82,109**|**Total**
**2022**
£
0
0
38,214
43,816
0
550
486
164
-
14,956
0
3,750
0
1,123
495
410
836
630
900
-314|
|---|---|---|
|||**106,016**|
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**RSPCA Lincolnshire East Branch Notes to the Financial Statements For the year ended 31st December 2023**
|**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**2023**
£
£
£
**5.**
**Expenditure - continued**
**Trading expenses**
Purchases
0
**0**
Equipment
1,367
**1,367**
Rent
20,000
**20,000**
Rates
609
**609**
Heat and light
1,753
**1,753**
Waste disposal
0
**0**
Stationery and postage
155
**155**
Telephone
561
**561**
Repairs
224
**224**
Salaries
22,624
**22,624**
Sundries
2
**2**
Covid protection equipment
225
**225**
Credit card costs
730
**730**
**Total**
48,251
**48,251**
**Total expenditure**
130,360
**130,360**
**Employees and staff costs**
**2023**
**6.**
Average number of employees in the year
**3**
No employees received emoluments of more than £60,000.
**Investments**
**2023**
**7.**
16,714.50 shares M&G Charibond
30.09.2023
Value
**18,694**
30.09.2022
Value
**16,715**
Unrealised Loss on Investments
**1,979**|**Total**
**2022**
£
177
1,092
16,000
972
1,921
24
274
396
618
26,531
68
227
836|
|---|---|
||**49,135**|
||**155,151**|
||**2022**
3
**2022**
16,715
20,253|
||**(3,539)**|
The holding of £5,000 of National Savings Income Bonds is valued by the Trustees at cost.
13