TRUSTEES' REPORT AND ACCOUNTS 2024
78
Notes to the accounts continued
YEAR ENDED 31 DECEMBER 2024
At 1 January
2024
£'000
Additions
in year
£'000
Utilised/
realised
£'000
Depreciation
and disposals
£'000 At 31 December
2024
£'000
20. Designated fund movements
Intangible fixed assets fund 6,509 - - (1,124) 5,385
Tangible fixed assets fund 41,916 3,476 - (2,739) 42,653
Capital and project commitments 5,402 15,404 (5,402) - 15,404
Other designations 77,344 14,209 (23,766) (300) 67,487
Total designations 131,171 33,089 (29,168) (4,163) 130,929
The intangible and tangible fixed asset funds represent the net book value of the fixed assets of the RSPCA. Capital and project commitments relate to
a number of commitments authorised at 31 December 2024 (Note 13). Other designations are to support the transformation programme (£13.8m),
investment in engagement and income-generation activities (£12.6m), estate improvements (£14.9m), the branch development fund (£9.3m) and other
operational programmes (£16.9m).
RSPCA Trading Limited RSPCA Assured Limited RSPCA Europe
2024
£'000
2023
£'000
2024
£'000
2023
£'000
2024
£'000
2023
£'000
21. Subsidiary company undertakings
Income and endowments from:
Donations and legacies - - - - - -
Charitable activities - - 6,276 5,652 - -
Other trading activities 1,613 1,719 20 12 - -
Total income 1,613 1,719 6,296 5,664 - -
Expenditure on:
Charitable activities - - 6,407 5,977 9 -
Raising funds 2,207 1,437 - - - -
Total expenditure 2,207 1,437 6,407 5,977 9 -
Net gains/(losses) on investments - - - - - -
Net income/expenditure (594) 282 (111) (313) (9) -
Taxation - - - - - -
Gift Aid payable - (281) - - - -
Surplus/(deficit) (594) 1 (111) (313) (9) -
Total assets 862 1,359 3,837 4,276 - -
Total liabilities (1,450) (1,354) (811) (1,139) (9) -
Total funds at 31 December (588) 5 3,026 3,137 (9) -