ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS CORNWALL BRANCH
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £50,592 for the year, which was offset by investment gains of £128,175. The trustees consider the charity to be a going concern, noting that free reserves totalled £777,755, equating to just over seven months' operating expenditure. However, the trustees highlight risks related to the cost-of-living crisis and reliance on fluctuating legacy income.
What the accounts disclose
“A Trustee is the owner of a local veterinary practice. Transactions totalled £12,532 (2023: £8,153) for veterinary services in the year. As at 31 December 2024, there was £762 (2023: £Nil) outstanding.” — page 38
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Gareth Lay
- Julie Brough
- Pamela Whiteside
- Sarah Fisher
- Zoe Abbotts
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.1m | £1.3m |
| 31/12/2023 | £967k | £1.2m |
| 31/12/2022 | £902k | £1.1m |
| 31/12/2021 | £625k | £805k |
| 31/12/2020 | £560k | £794k |
Common questions
Is ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS CORNWALL BRANCH financially healthy?
The accounts state that the charity reported a net deficit of £50,592 for the year, which was offset by investment gains of £128,175. The trustees consider the charity to be a going concern, noting that free reserves totalled £777,755, equating to just over seven months' operating expenditure. However, the trustees highlight risks related to the cost-of-living crisis and reliance on fluctuating legacy income. Its FY2024 accounts were audited by RRL LLP.