RSPCA LINCOLNSHIRE EAST BRANCH
Report and Financial Statements
For the year ended 31[st] December 2024
RSPCA Lincolnshire East Branch
Financial Statements
For the year ended 31[st] December 2024
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 Christine Williams - Honorary Secretary Kathryn Hoffman George Moody Sylvia Turner - appointed 28th October 2024
Principal Office:
P.O. Box 1257 Spalding Lincolnshire PE11 9HX
Telephone No: 07967 565367
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
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RSPCA Lincolnshire East Branch
Report of the Trustees for the Year ended 31 December 2024
The Trustees present their annual report with the financial statements for the year ended 31 December 2024. 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:
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taking in to care and re homing unwanted and stray pets
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assisting pet owners in the Branch area who are on low incomes with payment of veterinary treatment.
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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.
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RSPCA Lincolnshire East Branch
Report of the Trustees for the Year ended 31 December 2024
Chairman’s Review of activities and achievements
RSPCA Lincolnshire East Branch 2024
The branch has had another busy year continuing with its vital animal welfare work, 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 on-going cost of living crisis, with help including paying for initial veterinary consultations, help towards veterinary fees and assistance with neutering costs, alongside this we have provision to provide welfare food to those in need, and offer advice and guidance where possible.
The branch would welcome support by members of the public in delivering this work and we are actively seeking new trustees and volunteers to help in running the branch.
We have received a substantial legacy from an animal lover who kindly remembered us in his will and we are very grateful for this and also all of the other kind donations we have received during the last year. The trustees endeavour to use this money wisely to continue with our Branch welfare work and help as many animals in need as possible.
The Trustees would like to thank Acorn Lodge boarding kennels, and The Lodge cattery for their continued help supporting 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 52 cats and kittens and 1 dog. We have given advice on animal welfare to numerous people and also assisted members of the public with veterinary costs on 77 occasions.
We have neutered and FIV checked before re-releasing 21 feral cats who have been returned to their colonies which are monitored by supporters within the branch.
Of the animals we rehomed 35 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 continue to value the hard work and dedication of the voluntary foster carers that we have in the branch area, the work they undertake enables us to provide comprehensive support to cats needing additional assistance prior to rehoming.
The branch continues to support a network of local food bank initiatives. We distribute animal food to food banks across the branch area, with food being donated at local supermarkets by the general public, in addition to generous grants from the national RSPCA, this is distributed on a regular basis to the Foodbanks by the branch trustees.
The branch would also like to thank all of its supporters.
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RSPCA Lincolnshire East Branch
Report of the Trustees for the Year ended 31 December 2024
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:
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Select suitable accounting policies and apply them consistently
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Make judgements and estimates that are reasonable and prudent
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State whether applicable accounting standards and statements of recommended practice have been followed, subject to any material
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departures disclosed and explained in the financial statements; and
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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
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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 2024 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
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to keep accounting records in accordance with section 130 of the 2011Act: and
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to prepare accounts which accord with the accounting records and comply with the
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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 As at 31st December 2024
| Unrestricted Funds Notes £ INCOME 1 Investment income & interest 4 866 Voluntary income 2 63,617 Trading income 3 4,289 Fundraising activities 4 29,258 TOTAL INCOME 98,030 EXPENDITURE Administration 5 77,522 Trading expenses 5 2,850 TOTAL EXPENITURE 80,372 NET INCOME/(EXPENDITURE) FOR THE YEAR 17,658 NET GAINS/(LOSSES) ON INVESTMENTS unrealised 7 659 NET MOVEMENT IN FUNDS 18,317 TOTAL FUNDS BROUGHT FORWARD at 1 January 2024 172,354 TOTAL FUNDS CARRIED FORWARD at 31 December 2024 190,671 |
Restricted Funds £ - - - - - - |
Total 2024 £ 866 63,617 4,289 29,258 98,030 77,522 2,850 80,372 17,658 659 18,317 172,354 190,671 |
Total 2023 £ 703 56,173 31,889 24,968 113,733 82,109 48,251 130,360 (16,627) 1,979 (14,648) 187,002 172,354 |
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RSPCA Lincolnshire East Branch Balance Sheet As at 31st December 2024
| 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 18,035 23,035 TOTAL FIXED ASSETS 23,035 CURRENT ASSETS : Cash at Bank Lloyds High Interest account 151,641 Lloyds instant access account 336 CAF current account 24,074 Cash in hand Debtors 924 CREDITORS (9,338) 167,636 NET ASSETS 190,671 TOTAL FUNDS OF THE CHARITY 190,671 |
Restricted Funds £ - - - |
Total 2024 £ 5,000 18,035 23,035 23,035 151,641 336 24,074 924 (9,338) 167,636 190,671 190,671 |
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 |
|---|---|---|---|
Approved on behalf of the trustees
R Bachmann, Honorary Chair Person …………..
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RSPCA Lincolnshire East Branch Notes to the Financial Statements As at 31st December 2024
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.
RSPCA Lincolnshire East Branch Notes to the Financial Statements For the year ended 31st December 2024
| 2. Voluntary income Donations Bequests and legacies Rehoming fees Regional board repayment 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 2024 £ £ £ 16,919 16,919 28,375 28,375 4,699 4,699 12,794 12,794 0 0 0 0 0 0 0 0 830 830 63,617 63,617 4,289 4,289 0 0 0 0 4,289 4,289 24,326 24,326 4,932 4,932 29,258 29,258 866 866 866 866 |
Total 2023 £ 7,585 37,510 7,760 0 0 1000 0 0 2,318 56,173 31,485 404 0 31,889 21,716 3,252 24,968 703 703 |
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RSPCA Lincolnshire East Branch Notes to the Financial Statements For the year ended 31st December 2024
| 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 2024 £ £ £ 0 0 0 0 24,973 24,973 25,924 25,924 1,217 1,217 841 841 762 762 282 282 - 17,138 17,138 0 0 1,860 1,860 240 240 273 273 442 442 726 726 0 0 0 0 2,843 2,843 - - 77,522 77,522 |
Total 2023 £ 0 0 32,174 27,202 782 1,472 336 187 13,672 0 2,430 220 519 587 2,015 272 -60 300 0 82,108 |
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RSPCA Lincolnshire East Branch Notes to the Financial Statements For the year ended 31st December 2024
| Unrestricted Restricted Total Funds Funds 2024 £ £ £ 5. Expenditure - continued Trading expenses Purchases 0 0 Equipment 300 300 Rent 1,231 1,231 Rates 269 269 Heat and light -18 -18 Waste disposal 0 0 Stationery and postage 516 516 Telephone 417 417 Repairs 120 120 Salaries 0 0 Sundries 0 0 Covid protection equipment 0 0 Credit card costs 16 16 Total 2,850 2,850 Total expenditure 80,372 80,372 Employees and staff costs 2024 6. Average number of employees in the year 3 No employees received emoluments of more than £60,000. Investments 2024 7. 16,714.50 shares M&G Charibond Bfwd Value 18,694 Cfwd Value 18,035 Unrealised Loss on Investments 659 |
Total 2023 £ 0 1,367 20,000 609 1,753 0 155 561 224 22,624 2 225 730 48,250 130,360 2023 3 2023 16,715 18,694 1,979 |
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The holding of £5,000 of National Savings Income Bonds is valued by the Trustees at cost.
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