TRUSTEES' REPORT AND ACCOUNTS 2014 19
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
Consolidated statement of financial activities
YEAR ENDED 31 DECEMBER 2014
UNRESTRICTED
FUNDS
£'000 RESTRICTED
FUNDS
£'000 ENDOWMENT
FUNDS
£'000
TOTAL
2014
£'000
TOTAL
2013
£'000
Notes
Incoming resources
Incoming resources from generated funds:
Voluntary income 2a 96,894 10,415 0 107,309 105,409
Sale of goods 528 140 0 668 297
Other fees and charges received 2,756 138 0 2,894 2,911
Investment income 2b 4,931 242 4 5,177 3,002
Incoming resources from charitable activities 2c 8,818 0 0 8,818 8,706
Gain on disposal of tangible fixed assets 1,024 0 0 1,024 920
Total incoming resources 114,951 10,935 4 125,890 121,245
Resources expended
Costs of generating funds:
Fundraising and legacy marketing 20,520 150 0 20,670 18,730
Cost of goods sold 306 7 0 313 122
Investment management 189 0 0 189 191
Total cost of generating funds 21,015 157 0 21,172 19,043
Charitable activities to further animal welfare 3a 96,522 1,135 0 97,657 97,126
Governance costs 3f 860 0 0 860 1,208
Total resources expended 118,397 1,292 0 119,689 117,377
Net incoming/(outgoing) resources before transfers (3,446) 9,643 4 6,201 3,868
Transfers between funds 13 9,126 (9,126) 0 0 0
Net incoming resources before gains/(losses) 5,680 517 4 6,201 3,868
Other recognised gains/(losses)
Gains on revaluations and disposals of investment assets 1,173 42 152 1,367 11,672
Actuarial loss on defined benefit pension scheme 20 (4,813) 0 0 (4,813) (14,887)
Total other recognised gains/(losses) 13 (3,640) 42 152 (3,446) (3,215)
Net movements in funds 2,040 559 156 2,755 653
Fund balances brought forward at 1 January 145,148 9,754 8,043 162,945 162,292
Fund balances carried forward at 31 December 13 147,188 10,313 8,199 165,700 162,945
All amounts relate to continuing operations. All gains and losses recognised in the current and preceding financial year are included
in the consolidated statement of financial activities. This incorporates the income and expenditure account.
The notes on pages 22 to 36 form part of these accounts.