ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS BURY OLDHAM AND DISTRICT BRANCH
Financial health, per its FY2023 accounts
The accounts state that the charity reported a small surplus of £125 for the year ended 31 December 2023, with total unrestricted reserves of £1,583,187. However, the trustees note that current general reserve levels are below their stated policy target of three months' operational expenditure, representing approximately 1.5 months of expenditure. The charity relies heavily on retail income and has implemented cost-cutting measures and a partnership with Cats Protection to secure its financial viability.
What the accounts disclose
“The trustees propose that this remains at an amount that is equivalent to 3 month's operational expenditure.” — page 6
“The Trustees are aware that the current reserve levels are below the target levels .Whilst they are at these levels there are contingencies in place, including the availability to attract finance should it be needed, that would allow the Charity to continue. Therefore the Trustees believe that preparing the accounts on a Going Concern basis is correct”
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Diane Peartchair
- Christopher Peart
- David Haigh
- Karen Jakeman
- Sandra Mary Paterson
- Suzanne Lunn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.0m | £974k |
| 31/12/2023 | £876k | £876k |
| 31/12/2022 | £783k | £914k |
| 31/12/2021 | £877k | £911k |
| 31/12/2020 | £892k | £906k |
Common questions
Is ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS BURY OLDHAM AND DISTRICT BRANCH financially healthy?
The accounts state that the charity reported a small surplus of £125 for the year ended 31 December 2023, with total unrestricted reserves of £1,583,187. However, the trustees note that current general reserve levels are below their stated policy target of three months' operational expenditure, representing approximately 1.5 months of expenditure. The charity relies heavily on retail income and has implemented cost-cutting measures and a partnership with Cats Protection to secure its financial viability. Its FY2023 accounts were independently examined.