ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS
Financial health, per its FY2024 accounts
The accounts state that the group reported a net expenditure of £9.5m for the year, resulting in a reduction in total funds to £271.7m. However, the trustees confirm that free reserves of £114.1m significantly exceed the agreed policy target range of £85m to £95m, providing a strong buffer against economic and operational risks. The auditor confirmed that the use of the going concern basis of accounting is appropriate.
What the accounts disclose
“137 employees earning more than £60,000 in 2024” — page 66
“the target levels of free reserves – between £85m and £95m – have been agreed”
“The FRS 102 valuation position on 31 December 2024 shows the amount by which the liabilities exceed the assets of the defined benefit section of the pension scheme decreased by £3.5m in 2024 to £15.2m” — page 46
Year-over-year changes
- Employees paid over £60,000: 104 (FY2023) → 137 (FY2024).
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (23/03/2026)
- Received assets from another charity (28/08/2025)
- Received assets from another charity (30/06/2025)
- Received assets from another charity (13/06/2025)
- Received assets from another charity (19/11/2024)
- Received assets from another charity (19/11/2024)
Trustees
- Amanda Jane Bringans
- BRENDA SHORE
- Ian Jeffrey Jacobs
- Josie Woodward
- Karen Harley
- Mark Wright
- Sally Hyman
- Stuart Howells
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £152.5m | £174.4m |
| 31/12/2023 | £151.6m | £149.5m |
| 31/12/2022 | £152.1m | £126.7m |
| 31/12/2021 | £151.8m | £115.4m |
| 31/12/2020 | £116.5m | £140.5m |
Common questions
Is ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS financially healthy?
The accounts state that the group reported a net expenditure of £9.5m for the year, resulting in a reduction in total funds to £271.7m. However, the trustees confirm that free reserves of £114.1m significantly exceed the agreed policy target range of £85m to £95m, providing a strong buffer against economic and operational risks. The auditor confirmed that the use of the going concern basis of accounting is appropriate. Its FY2024 accounts were audited by RSM UK Audit LLP.
Who funds ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS?
Funders whose own accounts filings name ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS as a grant recipient include PROJECT GIVING BACK.
Known funders
| Funder | Year | Amount |
|---|---|---|
| PROJECT GIVING BACK | FY2023 | £324k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 18/02/2025 | £650k | Regular Grant 2025 |
| Postcode Lottery | 19/11/2024 | £100k | Happier Christmas 2024 |
| Postcode Lottery | 01/12/2023 | £400k | Regular Grant 2024 |
| Postcode Lottery | 19/12/2022 | £350k | Special Award 2022 |
| The National Lottery Heritage Fund | 27/11/2018 | £100k | "Taking Action for Animals – the history of the RSPCA" |
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