rspca act annual report 2013-14

Annual Report 2013-14

2Design, photography and layout: Leisa Quinn

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President’s Report 4CEO’s Report 5Snapshot Of The Year 7Felines 8Canines 9Other Animals 10Wildlife 11Vet Work 12Inspectorate 13Our People 14Our Donors 15Our Partners 16Event Sponsors 17Our Supporters 17Financial Statements 18

Contents

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The last year has been a time of great change for RSPCA ACT. After evolving, diversifying and growing over the last 25 years, 2013 - 2014 must be seen as a ‘watershed’ year when RSPCA ACT’s Council had to meet substantial industrial, financial and operational challenges.

One of Council’s main responsibilities was to recruit a new CEO. We looked for someone with a love of animals and entrepreneurial drive and energy who could take us into the future. After a national search, Tammy Ven Dange joined us in late February and has proved to be an outstanding leader and manager as well as a powerhouse of new ideas.

Council established three strategic priorities and prime amongst them was the need to find new ways to put RSPCA ACT on a more sustainable financial footing to face what could be an extended period of reduced revenue and possibly government funding. Partly as a result of the changed economic conditions in the ACT, the year saw us completely rethink the scope and scale of our business while still delivering on our mission to prevent animal cruelty in the ACT.

Great progress was made on building a positive staff culture, Council’s second strategic priority and on the third priority - our current facilities.

In relation to our future facilities, discussion with the ACT government was suspended but will recommence in the second half of 2014-15.

Many supporters, sponsors and donors have contributed to our work this year, and on behalf of Council, I thank them all and look forward to their continued involvement with us. In particular, I thank our dedicated staff, including those who left us during the year, and the army of volunteers who made the achievements of 2013 - 2014 possible.

Louise Douglas President RSPCA ACT

From the President

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I feel very fortunate to have the best job in Canberra! Since joining the RSPCA ACT team at the end of February, the staff and community have made me feel very welcome. Thank you!

RSPCA ACT cares for more than 7000 animals in the Canberra community each year. We are the only permanent place where someone can surrender an unwanted or stray animal other than a dog. We have the only vet clinic that will provide ongoing care for wildlife. We employ the only full time licensed animal welfare inspectors in the ACT. And each year, we care for almost as many stray dogs as the ACT Domestic Animal Services (the Pound). Without RSPCA ACT, there would be a lot more unwanted, feral, neglected, injured and mistreated animals in the Canberra area.

Joining the organisation at this time in its history has been a difficult transition, however. After many years of operating at a loss, a local economic downturn following the most recent federal elections, and staff morale issues, RSPCA ACT has ended 2013-14 with a depleted bank account. We recognised the challenges of the current state not too long after I arrived and began making substantial operational changes including a number staff redundancies starting in April to try to reduce our ongoing expenses. We also put some measures in place to increase revenue from our existing services.

As commercial revenue generates less than 50% of the budget and government funding only covers another 15%, the organisation is heavily dependent on donations and fundraising events. Previous years that have ended with a surplus were the result of generous bequests left by avid supporters. Unfortunately, these sudden cash infusions are completely unpredictable, and after a number of years without a significant bequest, the organisation is in a difficult financial position at the moment.

By the end of the year, we were able to slow the financial loss and improve the ongoing health of the organisation by implementing a number of major operational changes including Sunday closures. However, we still have plenty of work to do to stabilise the financial position of the organisation.

Despite all of these challenges, the welfare of the animals in our care has not been compromised. At the end of 2014, we broke our local records for the most kitten adoptions and the lowest euthanasia rate in our organisation’s history. Furthermore, we had the highest dog adoptions in 3 years and the highest adult cat adoptions in 5 years.

Treatment of injured wildlife has continued to be a priority though we have been working closer with ACT Wildlife for animals requiring longer term care, resulting in a significant

reduction in wildlife. As a result, it was truly a remarkable year for animal welfare in the ACT.

Looking forward to 2014-15, I am cautiously optimistic that the operational changes we started last financial year will stabilise the organisation. To do this, we have shifted our focus from the development of a new shelter to stabilising the organisation financially and emphasising our core mission of our organisation: the prevention of cruelty to animals. This means redirecting our limited resources from administration to front-line roles such as our inspectors and veterinarians, as well as, improving operational processes and increasing revenue within our current facility.

We are not out of the red yet, but with the ongoing help and generosity of our supporters and sponsors, I am sure that we can progress to the next chapter of RSPCA ACT’s history of protecting animals in our community.

Tammy Ven Dange CEO RSPCA ACT

CEO’s Report

Snapshot of the year

7

• Spring Appeal brings in $30k - $10k less than 2012

• Cupcake Day - 457 cupcake cooks raise over $100K

• Kitten enclosure replaced by Hindmarsh volunteers

• Tax appeal raises $80K (same as 2012)

• Michael Linke resigns as CEO

• RSPCA ACT Pet Expo

• Highest # of cats adopted since Apr 2008

• Christmas Appeal brings in $70k, less than 2012.

• 989 Christmas Trees sold

• 10% increase in adoptions

• 188 kittens go into foster care

• “Dogvember” is best month for dog adoptions in 4 years

• Santa Paws

• Tammy Ven Dange begins as new CEO

• Attended the Royal Canberra Show

• Co-hosted Valentine’s Day pet dating w/Petbarn

• Best kitten adoptions for Feb since 2002

• Trivia Night brings in almost $20,000

• Unfair dismissal claim ruled in favour of RSPCA ACT

• Best Apr ever for kitten adoptions

• Canberra’s Next Top Pet launched

• Highest # of cat adoptions in Jun since 2002

• Attended Cancon Games Expo

• Flight aviary completed in wildlife

• Best month for kitten adoptions ever

• Autumn Appeal brings in $46k – less than 2013

• Adopted 70 more animals than previous year

• Best kitten adoptions since Mar 2008

• Million Paws Walk – regos down but the event was still a succes

• Highest # of cats adopted in May since 2002

• Highest # of puppies adopted since Aug 2009

AugustJuly

October

September

DecemberNovember

February

April June

January March

May

Snapshot of the year

8

Domestic Felines

Reclaimed†Re-homed

In Care‡Domestic

EuthanasedFeral

EuthanasedOther*

Total

Domestic Euthanasia Reasons

MedicalBehavioural

Total

This Year Last Year

Domestic Cats Domestic Kittens

This Year Last Year This Year Last Year

196

1328

73

279

361

28

2265

235

44

279

287

88

375

133

33

166

188

82

270

102

11

113

99

6

105

187 182

492

41

166

229

4

1114

1192

67

375

401

46

2268

164

457

46

270

231

32

1200

14

836

32

113

132

24

1151

23

735

21

105

170

14

1068

*Other includes: stolen, escaped and unassisted death.†Reclaimed includes emergency boarding. ‡In care at the end of the financial year.

Please note: 2012-13 amended to include inspectors’ emergency boarders.

The public is often surprised when they find out that our adoption rates for felines are more than three times that of canines year after year. It’s only surprising because unlike dogs, cats are generally not as visible in parks, cafes and of course, Million Paws Walk!

The adoption rate of cats and kittens was the highlight of animal welfare at RSPCA ACT in 2013-14 as we showed an 11.4% increase over the previous year. This statistic was helped through our partnership with Petbarn that gave us more retail outlets especially during peak periods.

With a solid foster care program in place for kittens, we have been able to reduce disease significantly with the lowest euthanasia number on record - a 25.6% decrease for domestic felines in comparison to the previous year.

Felines

Blade’s Story

Animal Care

When Blade came to us he was limping on his back right leg. It appeared he had been hit by a car.

Our veterinarians took x-rays and found that he had dislocated and broken his right hip. A

surgery called a ‘femoral head ostectomy’ was performed to remove his right femoral head and neck (the ball that connects to the socket of the hip to form the hip joint). Blade also had surgery to remove the

right kidney, leaving him with only one.

After surgery, Blade recovered well and was put up for adoption. Waiting for the right owner would take a little time as Blade’s needs were a little more specific with his one kidney.

His new owners would need to make sure Blade wasn’t subject to anything that may risk damage to his remaining kidney.

Lucky for this sweet little guy the perfect family came along, loved him from the very beginning and chose to have Blade, now renamed ‘Sonny’, to join their family.

Sonny now lives a relaxed and happy life with his best mate and also former RSPCA ACT resident Freddie.

9

Canines

Reclaimed†

RehomedIn Care‡

Transferred*

Euthanased

Other#

Total


MedicalBehavioural

Total

This Year Last Year

Dogs Puppies


923

403

71

138

104

6

1645

62

42

104

76

56

132

45

35

80

57

48

105

17

7

24

9

8

27

1073 853

195

41

138

80

1

1308

389

69

152

132

9

1824

1009

183

45

151

105

3

1496

70

208

30

-

24

5

337

64

206

24

1

27

6

328

*Transferred: RSPCA ACT works collaboratively with Domestic Animal Services to maximise positive outcomes for dogs.#Other includes: stolen, escaped and unassisted death.

†Reclaimed includes emergency boarding. ‡In care at the end of the financial year.Please note: 2012-13 amended to include inspectors’ emergency boarders.

Animal Care

In 2013-14, we saw a 9.8% decrease in the number of canines that were in care overall. However, it was still more than 1500 dogs and puppies. Much of these numbers included strays with an overall homing/rehoming rate of 93% for canines. We are currently the only RSPCA in the country that cares for stray dogs without a Pound contract in place.

The adoption rates of adult dogs and in particular the larger breed dogs with high energy needs have proven to be our greatest challenge especially in this community where block sizes are getting smaller each year. As we do not see the demand for larger breeds to increase any time soon, the RSPCA ACT team is working tirelessly to create various marketing strategies and opportunities to display the better sides of these animals, and to perhaps transfer them to other RSPCA shelters based in more rural communities.

In the meantime, our overall euthanasia rates for canines have decreased from 7.9% to 6.9% of our total animals in care this year.

Canines

Gus’ StoryGus came to us as a stray suffering from distichiasis, a condition where eyelashes on the eyelid grow in an abnormal direction. In Gus’ case his eyelashes were growing inward causing constant irritation and weeping. Poor Gus was in such an uncomfortable state that he continuously pawed at his eyes, making it far worse. RSPCA ACT vets decided to try cryotherapy, a procedure which kills the hair follicle preventing the hair from growing back. With this type of treatment it is sometimes necessary to have multiple treatments over an extended period of time.

Gus wasn’t able to go up for adoption during treatment which meant a few months of life in the shelter. The strain on his mental health showed. This happy, vibrant and cuddly dog started to become slow and depressed. So beautiful Gus took a holiday from his kennel and

spent his days in the administration building. There he would be with people and still be able to be seen by vets on a daily basis for his ongoing distichiasis treatment. A few months later Gus had the ‘all clear’ from the vets. However, he had no forever home to go to yet. Gus had so much love to give, but no one would give him a chance.

A few weeks on, Gus was declining again and staff were becoming worried as his mental health was becoming worse from living in the shelter environment. Thankfully, a lovely family called us wanting to meet him. It was love at first sight. A few months later Gus was back to the fun-loving, energetic dog he once was and loving life with his new family.

10

Rabbits

Reclaimed

Re-homed

In care

Euthanased

Other#

Total


MedicalBehavioural

Total

This Year Last Year

Guinea Pigs Other*


5

118

21

43

7

194

28

15

43

60

20

80

12

-

12

25

6

31

9

10

19

9

7

16

15 2

72

4

12

4

94

81

7

80

6

189

3

49

3

31

-

86

16

85

52

19

16

188

5

91

6

16

9

127

*Includes rodents, ferrets, fish, reptiles, amphibians.#Other includes: stolen, escaped and unassisted death.

Domestic Birds

Reclaimed

Re-homed

In care

Euthanased

Other#

Total


MedicalBehavioural

Total

This Year Last Year

Poultry Livestock


13

112

12

3

9

149

3

-

3

4

-

4

18

4

22

12

4

16

-

-

-

-

-

-

14 1

110

1

22

2

136

84

30

4

10

142

2

58

16

16

13

105

2

3

1

-

1

7

-

7

-

-

-

7

#Other includes: stolen, escaped and unassisted death.

Most people will think about dogs and cats when they think of the RSPCA. However, our annual statistics prove that we also see everything from rats to pigs in a given year. With what seems like an endless supply of “pocket pets” in particular, we are currently looking for additional outlets such as Petbarn to help us find forever homes for these smaller pets.

Other Animals

Animal Care

84% of all other animals went home (reclaimed) or to a home (adopted)

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At just three months old Walnut’s mother was tragically hit by a car. A passer by who found Walnut’s mother sometime after, called our after hours wildlife phone and brought her to a carer who had to cut this little guy out of his mother’s pouch.

After a thorough medical check, Walnut went straight into foster care with one of our experienced wildlife carers where he has stayed for many months.

As a baby, Walnut needed a mother figure to depend on not only for food but also to bond with through lots of cuddles and affection.

When he is old enough Walnut will go to a transitional facility where he will gradually become independent and ready to face life in the wild.

Other than Queensland, RSPCA ACT is the only RSPCA that still cares for wildlife. In the last twelve months though, we have begun to work closer with ACT Wildlife for those animals requiring longer term care. Our vet staff and foster carers already have a lot to do treating and caring for these wonderful creatures. We appreciate the extra hands and homes that ACT Wildlife has within their organisation.

This year’s statistics show that while the euthanasia rate has increased for wildlife, the number of unassisted deaths has decreased by 23%. This means that we were doing a much better job of making decisions about the likelihood for an animal to be rehabilitated which has reduced their suffering time substantially.

Wildlife

Walnut’s Story

Wildlife Report

Mammals

Animals In Released

Marsupials

Monotremes

Native Amphibians

Native Birds

Native Reptiles

Non-Native Birds#

Non-Native Mammals*

Total

This Year Last Year

Euthanased

Mammals

Marsupials

Monotremes

Native Amphibians

Native Birds

Native Reptiles

Non-Native Birds#

Non-Native Mammals*

Total

Other Outcomes†

This Year Last Year

62

283

4

6

1835

124

21

319

7

2

1829

120

329 334

56 25

2699 2657

1626 1330‡

- -

- -

610 677

530 551

11

102

4

2

445

46

12

107

4

1

513

40

#Includes: blackbirds, pigeons, Indian mynahs, sparrows and starlings.*Includes: foxes, European rabbits, brown rats and wild mice.

†Includes: transferred out, escaped and unassisted death.‡Ammended # - Annual Review 2012/13 showed incorrect # 1836.

Animal Care

12

Veterinarian Work

Consultations

Public Shelter

Microchips

Vaccinations

Desexing

Dentistry

Pre-Anaesthetic Bloods

Flea and Heartworm

Products

Total

This Year Last Year

Vaccinations(Cats)

Vaccinations(Dogs)

Worming DosesGiven

Desexing-Cat

Desexing-Dog

Microchip Forms

Sent Away

Total

This Year Last Year

1021

259

1068

491

132

73

1526

263

1648

552

187

170

137600

31814946

22382757

72888775

805

964

1996

889

296

1006

1126

2417

1103

366

Animal Care

The Vet Clinic has seen the most changes over the last part of the financial year with all of the operational processes re-engineered around this important activity to increase animal welfare, decrease the spread of disease, and reduce the required number of animal care assistants. Furthermore, we were able to dramatically increase revenue in the last part of the financial year by changing our public clinic hours.

Vet Work

32% of wildlife were rehabilitated; 26% released by RSPCA with the balance transferred to other rescue groups

13

Complaints Investigated

Prosecutions Finalised

Number of Charges Laid

Number of People Charged

Number of Successful Prosecutions (facts proven in relation to principal charges)

Cases Pending

Inspectorate

1061

-

6

2

-

3

668

2

4

3

2

5

This Year Last Year The inspectorate was extremely busy in 2013-14 with a significant increase in calls over the previous year. While we need a second year of statistics to know if this increase in calls is a trend, with only two inspectors on board during most of that time, the increase resulted in a backlog of cases awaiting final legal action.

Towards the end of the year, we added a third inspector role by reallocating resources in other areas. As a result, we were able to reduce the backlog and submit some of the older pending cases to the Director of Public Prosecutions (DPP) which have led to court dates in 2014-15.

Going forward, our inspectors are reducing tolerance on repeat offenders which should increase the number of seized animals and prosecutions. In future years, we hope to fund more preventative programs like education and desexing clinics too.

Inspectorate

Animal Care

93% of dogs/puppies went home (reclaimed) or to a home (adopted)

14

Our People

15

Our Donors

Major Donors

84% of domesticated cats went home (reclaimed) or to a home (adopted)

We rely on the community to help us continue our vital work with animals in need. A big thank you to all who have supported and continue to support RSPCA ACT. Every single dollar counts. Although we would love to list all of you who donated, we simply do not have the space. We would like to thank the following people who have donated significant amounts to our mission this year.

Ms Elizabeth Toledo • Dr Margaret R. Middleton • Mrs Jennifer Cleary • Mrs Gayle Philip • Mr Saul Schneider • Mrs A Whyte Mrs Margaret Enfield • Mrs Deborah Perrin • Mrs Bianca Keena • Lady Elizabeth Synnot • Mr Frank Breglec • Miss Esther Macdonald Mrs E Law-Smith • Mr Graham O’Brien • Ms Margaret Anderson • Mrs Kathryn Nelson • Mr John Bellinger • Ms Ruth Smith • Ms Roz Bruhn Mr Tom Halstead • Mrs J Harmsworth • Mrs Dilys Ketley • Mrs Pauline Bairnsfather • Ms Christa Moore • Mr Daryl Blaxland • Mr Kevin Heindl Miss Elizabeth Allen • Mrs Wendy Kupkee • Ms Merryn Coulton • Don’t Panic Plumbing Pty Ltd • Mr Michael Sassella • Mr Bruce Sinclair Mrs Claudette Chubb • Mr John Brain • Mrs Morna Vellacott • Ms Judith Hurlstone • Dr Ian Doherty • Miss Margaret Atkinson Mrs Elizabeth Khouri • Mrs Mariko Buszynski • Mrs Colleen Granleese • Ms Jillian Moses • Mr Ian Bland • Ms Marjorie Wheeler • Ms Georgina Withers Ms Antonia Chadwick • Ms Helen Bladen • Ms Pam Behncke • Ms Margaret Jones • Mr Rick Bryson • Mr John Alcock • Ms Rachael Henson Mr William Laurie • Mrs June Howard • Ms Sanora Dell

16

Our Partners

17

Event Sponsors

Our Supporters

Royal Society For The Prevention Of Cruelty To Animals (ACT) Incorporated

Royal Society for the Prevention ofCruelty to Animals (ACT) Incorporated

(Incorporated in the Australian Capital Territory underthe Associations Incorporation Act 1991)

ABN 35 730 738 037

General Purpose(Reduced Disclosure Requirements)

Financial Reportfor the year ended 30 June 2014

Page | ii

ii

CONTENTS

Council Report ................................................................................................................... 1Independent Audit Report ................................................................................................. 4Statement by Members of the Council .............................................................................. 6Statement of Comprehensive Income ............................................................................... 7Statement of Financial Position ........................................................................................ 8Statement of Cash Flows ................................................................................................... 9Statement of Changes in Equity ...................................................................................... 10Notes to the Financial Statements .................................................................................. 11


Page | 1

Council Report

The Council presents this report on the Royal Society for the Prevention of Cruelty to Animals (ACT)Incorporated “the Association” for the financial year ended 30 June 2014.

Council Membership

The Council is responsible for the management of the Association. The Council members in office duringthe financial year and at the date of this report are:

President Ms Louise DouglasSecretary Ms Paula ShinerockTreasurer Ms Kasy Chambers

Other Members:Ms Amanda CattermoleMs Cathleen TimbsMs Susan BlackMr Andrew Lander

Principal Activities

The principal activities of the Association during the financial year were those of advocacy and veterinaryservices for and on behalf of, all animals within Australia with emphasis on the ACT.

The Association is actively involved in

� operating an animal cruelty inspectorate

� operating an animal shelter

� providing a dedicated rescue, rehabilitation and release program for injured or orphaned wildanimals

� operating a veterinary clinic

� delivery of a public dog and puppy training school

� operating a retail shop.

Significant Changes

Total investment reserves reduced to $453,233 from $930,280, a reduction of $477,047. The movementwas to fund the Association’s operations and manage its resources.

Our new Chief Executive Officer (“CEO”), Tammy Ven Dange, with our support made a number ofsignificant operational and personnel changes including eliminating 17 roles in the organisationalstructure, identifying new revenue streams such as more fundraising events and increasing theAssociation’s communications with the ACT government and local veterinarian clinics.

These changes are discussed in further detail below.


Page | 2

Council Report (continued)

Financial Result

The net deficit of the Association for the financial year ended 30 June 2014 was $551,484 (2013: surplus$92,612).

There is no doubt that the 2014 financial year was a tough year for the Association, with the localeconomic downturn following the federal elections, significant executive management changes, staffmoral challenges and related poor media coverage. These factors resulted in a current financial yearfinancial loss of $0.55 million and net assets dropping from $1.1 million in 2013 to $0.42 million at the endof the current financial year. This has also had a significant impact on the Associations cash flows, forcingthe sale of some of our fixed interest securities and listed shares to cover the deficit.

In February this year Tammy Ven Dange was appointed as our new CEO and with council supportproceeded to make a number of significant operational and personal changes to move RSPCA ACT backinto good financial health. These included:

· Making significant improvements to the Associations operational processes, resulting inimmediate efficiency gains and lowering forecasted costs while still delivering quality of care forthe animals;

· Eliminating 17 roles in the organisational structure decreasing payroll costs from 70% of thebudget to 59.3%;

· Generating additional revenue through the Vet Clinic;· Identifying new revenue streams with minimal investment such as more fundraising events

throughout the year· And increased its communications with the ACT government and local veterinarian clinics to

reduce the amount of non-mission related work, again lowering costs.

These changes are already taking effect and are forecast to have a positive impact to the organisation,with our 2014-15 budget showing a small surplus. While the Association in its present form is primarilydependent on funding from fundraising events such as the million paws walk, generous donations fromthe public and a small amount of funding from the government, we are confident that these existingfactors along with our changes ensures RSPCA ACT has appropriate funds in the long term to meet itsdebts as they fall due and payable.

After the Balance Date Events

No matters or circumstances have arisen since the end of the financial year that significantly affected ormay significantly affect the operations of the Association, the results of those operations, or state ofaffairs of the Association in future financial years. This report is provided in accordance with a resolutionof the Council and is signed for and on behalf of the members of the Council by the President, LouiseDouglas.

Likely Developments and Expected Results

The future operation of the Association involves the continued pursuit of its principal activities andfinancial stability.

Employees

The Association employed 47 employees as at 30 June 2014 (2013: 57 employees).


Page | 3

Council Report (continued)

Non-audit services

The following non-audit services were provided by the Association’s auditor, Ernst & Young:

Assistance with the preparation of the financial report $3,500.

The members are satisfied that the provision of non-audit services is compatible with the generalstandard of independence for auditors imposed by APES 110 Code of Ethics for ProfessionalAccountants. The nature and scope of each type of non-audit service provided means that auditorindependence was not compromised.

This report is provided in accordance with a resolution of the Council and is signed for and on behalf ofthe members of the Council by:

President: Louise Douglas (President)

Dated: 28 October 2014


Page | 7

Statement of Comprehensive Income

FOR THE YEAR ENDED 30 JUNE 2014 Note 2014$

2013$

Revenue 3 3,879,188 3,922,151

Costs of goods sold (335,603) (280,755)

Depreciation expense 4a (115,956) (111,497)

Salary and employee benefits expenses 4b (2,712,602) (2,400,038)

Other expenses 4c (1,266,511) (1,037,250)

Net surplus/(deficit) before income tax expense (551,484) 92,611

Income tax expense 2h − −

Net surplus/(deficit) after income tax expense (551,484) 92,611

Other comprehensive incomeUnrealised gain on available-for-sale investments 85,579 145,915

Total other comprehensive income for theperiod 85,579 145,915

Total comprehensive surplus/(deficit)attributable to members of the Association (465,905) 238,526


Page | 8

Statement of Financial Position

AS AT 30 JUNE 2014 Note 2014$

2013$

CURRENT ASSETSCash and cash equivalents 5 122,794 45,782Trade and other receivables 6 94,200 469,601Inventory 54,760 107,397Prepayments 18,710 84,043

TOTAL CURRENT ASSETS 290,464 706,823

NON-CURRENT ASSETSAvailable-for-sale investments 7 453,233 930,280Property, plant and equipment 8 173,477 432,206

TOTAL NON-CURRENT ASSETS 626,710 1,362,486

TOTAL ASSETS 917,174 2,069,309

CURRENT LIABILITIESTrade and other payables 9 346,272 422,312Provisions 10 138,361 173,323Deferred Income − 295,000

TOTAL CURRENT LIABILITIES 484,633 890,635

NON-CURRENT LIABILITIESProvisions 10 31,012 24,354

TOTAL NON-CURRENT LIABILITIES 31,012 24,354

TOTAL LIABILITIES 515,645 914,989

NET ASSETS 401,530 1,154,320

EQUITYEquity attributable to members of theAssociationNet unrealised gain reserve 11 216,625 417,931Accumulated surplus 184,905 736,389

TOTAL EQUITY 401,530 1,154,320


Page | 9

Statement of Cash Flows

FOR THE YEAR ENDED 30 JUNE 2014 Note 2014$

2013$

CASH FLOWS FROM OPERATING ACTIVITIES

Receipts from customers, government and others 3,613,455 3,803,184Payments to suppliers and employees (4,114,747) (3,706,108)Interest received 2,214 5,889Dividends received 57,036 63,612

(442,042) 166,577

NET CASH FLOWS (USED IN)/FROM OPERATINGACTIVITIES 5 (b) (442,042) 166,577

CASH FLOWS FROM INVESTING ACTIVITIES

Proceeds from disposal of available-for-saleinvestments 568,888 44,897

Payments for available-for-sale investments − (97,712)Payments for property, plant and equipment (49,833) (133,214)

NET CASH FLOWS FROM/(USED IN) INVESTINGACTIVITIES 519,055 (186,029)

CASH FLOWS FROM FINANCING ACTIVITIES

Repayment of loan − −

NET CASH FLOWS USED IN FINANCINGACTIVITIES − −

Net decrease in cash and cash equivalents 77,012 (19,452)Cash and cash equivalents at beginning of the year 45,782 65,234

CASH AND CASH EQUIVALENTS AT END OF THEYEAR

5 (a) 122,794 45,782


Page | 10

Statement of Changes in Equity

FOR THE YEAR ENDED 30 JUNE 2014

AccumulatedSurplus

$

Net Unrealised GainReserve(Note 11)

$

Total Equity

$

AT 30 JUNE 2012 643,778 272,016 915,794

Other comprehensive income − 145,915 145,915Surplus for the year 92,611 − 92,611Total comprehensive loss for theperiod 92,611 145,915 238,526

AT 30 JUNE 2013 736,389 417,931 1,154,320

Transfer of realised gains to thestatement of comprehensive incomeon disposal of available-for-saleinvestments − (286,885) (286,885)Unrealised (loss)/gain on available-for-sale investments − 85,579 85,579Deficit for the year (551,484) − (551,484)Total comprehensive income forthe period (551,484) (201,306) (752,790)AT 30 JUNE 2014

184,905 216,625 401,530


Page | 11

Notes to the Financial Statements

For the year ended 30 June 2014

NOTE 1 – CORPORATE INFORMATION

The Royal Society for the Prevention of Cruelty to Animals (ACT) Incorporated (“the Association”) isdomiciled in Australia and is a not-for-profit organisation. The Association is incorporated under theAssociations Incorporation Act 1991(ACT) and is an incorporated Association.

The financial report of the Association for the year ended 30 June 2014 was authorised for issue inaccordance with a resolution of the members on 28 October 2014.

The nature of the operations and principal activities of the Association are described in the Council report.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(a) Basis of preparation

The general purpose financial report has been prepared in accordance with the Association IncorporationAct 1991 (ACT), Australian Accounting Standards – Reduced Disclosure Requirements and othermandatory professional reporting requirements. The financial report has also been prepared on ahistorical cost basis, except for available-for-sale investments, which have been measured at fair value.

The financial report is presented in Australian dollars.

(b) Going concern

The financial report has been prepared on the going concern basis, which contemplates the continuity ofnormal business activity and the realisation of assets and settlement of liabilities in the normal course ofbusiness.

The Association made an operating deficit for the year of $551,484 (2013: surplus of $92,611). Thebalance of cash and cash equivalents at 30 June 2014 is $122,794 (2013: $45,782). The balance ofavailable-for-sale investments at 30 June 2014 is $453,233 (2013: $930,280).

The ability of the Association to continue as a going concern is dependent on the Association’s ability tomeet its debts as and when they fall due. The Association has prepared forecasts for the next twelvemonths that indicate the Association will be able to meet its debts as and when they fall due. Theseforecasts are based on a number of assumptions in particular about the Association’s ability to securesufficient levels of recurring annual revenue to cover budgeted annual operating expenditure, oraccessing sufficient additional funds through liquidation of current investments held should the needarise. On the basis of net assets at reporting date, the Members of the Council believe there arereasonable grounds the Association will be financially secure for the next 12 months.

However, should the Association strategies aimed at securing sufficient recurring annual revenue beunsuccessful, leading to a depletion in cash and investment reserves, there is significant uncertaintywhether the consolidated entity would continue as a going concern and therefore whether it would realiseits assets and extinguish liabilities in the normal course of business and at amounts stated in the financialstatements.

The financial statements do not include any adjustment relating to the recoverability and classification ofrecorded asset amounts or to the amounts and classification of liabilities that might be necessary shouldthe consolidated entity not continue as going concern.


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NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

(c) New Accounting Standards and Interpretations

Adoption of new Australian Accounting Standard requirements

The Association has adopted the following new Standard issued by the Australian AccountingStandards Board (AASB) that is effective for the current annual reporting period. Other AustralianAccounting Standards and Interpretations issued or amended that are applicable to the currentreporting period did not have a financial impact in the financial statements or performance of theAssociation, and are not expected to have a future financial impact on the Association.

AASB 13 Fair Value Measurement establishes a single source of guidance for determining the fairvalue of asset and liabilities. AASB 13 does not change when an entity is required to use fair value,but rather, provides guidance on how to determine fair value when fair value is required orpermitted. Application of this definition may result in different fair values being determined for therelevant assets. AASB 13 also expands the disclosure requirement for all assets or liabilitiescarried at fair value. This includes information about the assumptions made and the qualitativeimpact of those assumptions on the fair value determined.

Future Australian Accounting Standard requirements

Australian Accounting Standards and Interpretations that have recently been issued or amendedbut are not yet effective have not been adopted by the Association for the annual reporting periodended 30 June 2014. It is anticipated that the new requirements will have no material financialimpact on future reporting periods.

(d) Cash and cash equivalents

Cash and cash equivalents in the statement of financial position comprise cash at bank and in hand andshort-term deposits with an original maturity of three months or less that are readily convertible to knownamounts of cash and which are subject to an insignificant risk of changes in value.

For the purposes of the statement of cash flows, cash and cash equivalents consists of cash and cashequivalents as defined above, net of outstanding bank overdrafts.

(e) Trade and other receivables

Trade receivables, which generally have 30-day terms, are recognised and carried at original invoiceamount less an allowance for any uncollectable amounts. An allowance for doubtful debts is made whenthere is objective evidence that the Association will not be able to collect the debts. Bad debts are writtenoff when identified.

(f) Investments and other financial assets

Financial assets in the scope of AASB 139 Financial Instruments: Recognition and Measurement areclassified as either financial assets at fair value through profit or loss, loans and receivables, held-to-maturity investments, or available-for-sale investments, as appropriate. When financial assets arerecognised initially, they are measured at fair value, plus, in the case of investments not at fair valuethrough profit or loss, directly attributable transactions costs. The Association determines theclassification of its financial assets after initial recognition and when allowed and appropriate, re-evaluates this designation at each financial year-end.

(i) Financial assets at fair value through profit or loss

Financial assets classified as held for trading are included in the category “financial assets at fair valuethrough profit or loss”. Financial assets are classified as held for trading if they are acquired for thepurpose of selling in the near term. Derivatives are also classified as held for trading unless they aredesignated as effective hedging instruments. Gains or losses on investments held for trading arerecognised in profit or loss.


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NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

(ii) Held-to-maturity Investments

Non-derivative financial assets with fixed or determinable payments and fixed maturity are classified asheld-to-maturity when the Association has the positive intention and ability to hold to maturity.Investments intended to be held for an undefined period are not included in this classification.Investments that are intended to be held-to-maturity, such as bonds, are subsequently measured atamortised cost. This cost is computed as the amount initially recognised minus principal repayments,plus or minus the cumulative amortisation using the effective interest method of any difference betweenthe initially recognised amount and the maturity amount. This calculation includes all fees and points paidor received between parties to the contract that are an integral part of the effective interest rate,transaction costs and all other premiums and discounts. For investments carried at amortised cost, gainsand losses are recognised in profit or loss when the investments are derecognised or impaired, as well asthrough the amortisation process.

(iii) Loans and receivables

Loans and receivables including loan notes and loans to key management personnel are non-derivativefinancial assets with fixed or determinable payments that are not quoted in an active market. Such assetsare carried at amortised cost using the effective interest method. Gains and losses are recognised inprofit or loss when the loans and receivables are derecognised or impaired. These are included in currentassets, except for those with maturities greater than 12 months after balance date, which are classified asnon-current.

(iv) Available-for-sale investments

Available-for-sale investments are those non-derivative financial assets that are designated as available-for-sale or are not classified as any of the three preceding categories. After initial recognition, available-for-sale investments are measured at fair value with gains or losses being recognised as a separatecomponent of equity called “net unrealised gain reserve” until the investment is derecognised or until theinvestment is determined to be impaired, at which time the cumulative gain or loss previously reported inequity is recognised in the statement of comprehensive income.

The fair value of investments that are actively traded in organised financial markets is determined byreference to quoted market bid prices at the close of business at the reporting date. For investments withno active market, fair value is determined using valuation techniques. Such techniques include usingrecent arm’s length market transactions; reference to the current market value of another instrument thatis substantially the same; discounted cash flow analysis and option pricing models.

(g) De-recognition of financial instruments

The de-recognition of a financial instrument takes place when the Association no longer controls thecontractual rights that comprise the financial instrument, which is normally the case when the instrumentis sold, or all the cash flows attributable to the instrument are passed through to an independent thirdparty.


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(h) Property, plant and equipment

CostPlant and equipment is stated at cost less accumulated depreciation and any accumulated impairmentlosses.

DepreciationDepreciation is provided on a straight-line basis or diminishing value over the estimated useful life of theassets as follows:

(i) Furniture and equipment: 5 years

(ii) Fixtures and fittings: 10 years

(iii) Computer equipment and software: 4 years

(iv) Motor vehicle: 5 years

(v) Building: 40 years

The assets’ residual values, useful lives and amortisation methods are reviewed, and adjusted ifappropriate, at each financial year-end.

ImpairmentThe carrying values of plant and equipment are reviewed for impairment when events or changes incircumstances indicate that the carrying value may not be recoverable.

The recoverable amount of plant and equipment is the greater of fair value less costs to sell and value inuse. Value in use is the depreciated replacement cost of an asset when the future economic benefits ofthe asset are not primarily dependent on the asset’s ability to generate net cash inflows and where theAssociation would, if deprived of the asset, replace its remaining future economic benefits.

Impairment losses are recognised in the statement of comprehensive income.

(i) Taxes

Income TaxThe Association is exempt from income tax in accordance with Section 50-40 of the Income TaxAssessment Act 1997.

Goods and Services Tax (GST)Revenues, expenses and assets are recognised net of the amount of GST except:

(i) where the GST incurred on a purchase of goods and services is not recoverable from the taxationauthority, in which case the GST is recognised as part of the cost of acquisition of the asset or aspart of the expense item as applicable; and

(ii) receivables and payables are stated with the amount of GST included.

The net amount of GST recoverable from, or payable to, the taxation authority is included as part ofreceivables or payables in the statement of financial position.

Cash flows are included in the statement of cash flows on a gross basis and the GST component of cashflows arising from investing and financing activities, which is recoverable from, or payable to the taxationauthority, are classified as operating cash flows.

Commitments and contingencies are disclosed net of the amount of GST recoverable from, or payable tothe taxation authority.


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(j) Trade and other payables

Trade payables and other payables are carried at amortised cost and represent liabilities for goods andservices provided to the Association prior to the end of the financial year, which are unpaid and arisewhen the Association becomes obliged to make future payments in respect of the purchase of thesegoods and services. The amounts are unsecured and usually paid within 30 days of recognition.

(k) Employee benefits

Provision is made for employee benefits accumulated as a result of employees rendering services up tothe reporting date. These benefits include wages and salaries, annual leave and long service leave.

Liabilities arising in respect of wages and salaries, annual leave and any other employee benefitsexpected to be settled within twelve months of the reporting date are measured at their nominal amountsbased on remuneration rates that are expected to be paid when the liability is settled. All other employeebenefits liabilities are measured at the present value of the estimated future cash outflows to be made inrespect of services provided by employees up to the reporting date. In determining the present value offuture cash outflows, the market yields as at the reporting date on national government bonds with termsto maturity approximating the terms of the related liability, are used.

Employee benefits expenses and revenues arising in respect of the following categories:

(i) wages and salaries, non-monetary benefits, annual leave, long service leave and other leaveentitlements; and

(ii) other types of employee benefits

are charged against operating results in their respective categories.

The contributions made to superannuation funds are charged to the statement of comprehensive income.

Superannuation CommitmentsEmployees contribute to external superannuation funds at various percentages of their wages andsalaries. Contributions by the Association of not less than 9% of employees’ wages and salaries arelegally enforceable in Australia and were paid.

(l) Leases

Operating lease payments are recognised as an expense in the statement of comprehensive income on astraight-line basis over the lease term. Operating lease incentives are recognised as a liability whenreceived and subsequently reduced by allocating lease payments between rental expense and reductionof the liability.


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(m) Revenue Recognition

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the entityand the revenue can be reliably measured. The following specific recognition criteria must also be metbefore revenue is recognised.

Sale of goodsRevenue is recognised when the significant risks and rewards of ownership of the goods have passed tothe buyer and can be measured reliably. Risks and rewards are considered passed to the buyer at thetime of delivery of the goods to the customer.

Rendering of servicesRevenue from rendering of services is recognised when control of a right to be compensated for theservices has been attained and the stage of completion of the service contract can be reliably measured.Stage of completion is measured by reference to the services performed to date as a percentage of totalestimated services to be performed for each contract. If a contract outcome cannot be reliably measured,revenue is recognised only to the extent that costs have been incurred.

Interest revenueRevenue is recognised as interest accrues using the effective interest method. This is a method ofcalculating the amortised cost of a financial asset and allocating the interest income over the relevantperiod using the effective interest rate, which is the rate that exactly discounts estimated future cashreceipts through the expected life of the financial asset to the net carrying amount of the financial asset.

DividendsRevenue is recognised when the right to receive the payment is established.

Membership feesThe Association charges annual fees to its RSPCA members. The fixed annual membership fee isrequired to be paid by a member if they intend to maintain a membership.

Membership fee revenue is recognised upon receipting.

FundraisingFundraising income is recognised when the RSPCA obtains control of the funds.

Government grants and other contribution from communityRevenue is recognised when the Association receives an asset, including the right to receive cash orother forms of asset without directly giving approximately equal value to the other party or parties to thetransfer. Contributions received or receivable are recognised immediately as revenue when theAssociation obtains control of the contributions, it is possible that the economic benefits comprising thecontribution will flow to the Association and the amount of the contribution can be measured reliably.


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(n) Provisions

Provisions are recognised when the Association has a present obligation (legal or constructive) as aresult of a past event. It is probable that an outflow of resources embodying economic benefits will berequired to settle the obligation and a reliable estimate can be made of the amount of the obligation.

Where the Association expects some or all of a provision to be reimbursed, the reimbursement isrecognised as a separate asset but only when the reimbursement is virtually certain. The expenserelating to any provision is presented in the statement of comprehensive income net of anyreimbursement.

If the effect of the time value of money is material, provisions are determined by discounting the expectedfuture cash flows at a pre-tax rate that reflects current market assessments of the time value of moneyand, where appropriate, the risks specific to the liability. Where discounting is used, the increase in theprovision due to the passage of time is recognised as a finance cost.

(o) Other Resources Received Free of Charge

Resources received free of charge are recognised as gains when, and only when, a fair value can bereliably determined and the services would have been purchased if they had not been donated. Use ofthose resources is recognised as an expense.

Contributions of assets at no cost of acquisition or for nominal consideration are recognised as gains attheir fair value when the asset qualifies for recognition.

(p) Significant accounting judgments, estimates and assumptions

The preparation of financial statements requires management to make judgments, estimates andassumptions that affect the application of policies and reported amounts of assets, liabilities, income andexpenses. The estimates and associated assumptions are based on historical experience and othervarious factors that are believed to be reasonable under the circumstances, the results of which form thebasis of making the judgments. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accountingestimates are recognised in the period in which the estimate is revised if the revision affects only thatperiod or in the period of the revision and future periods if the revision affects both current and futureperiods. The following estimates and assumptions were used in the preparation of the financial report:

Provisions for employee benefitsProvisions for employee benefits payable after 12 months from the reporting date are based on futurewage and salary levels, experience of employee departures, and periods of service. The amount of theseprovisions would change should any of these factors change in the next 12 months.

Valuation of investmentsThe Association has decided to classify investments in securities as ‘available-for-sale’ financialinvestments and record them in accordance with the policy described at note 2(f)(iv).


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2014$

2013$

NOTE 3 - REVENUE

Retail sales 1,086,881 1,059,399Grants from government 590,000 598,500Sponsorship 61,266 106,527Fundraising and membership fees 1,085,848 1,106,256Events 106,371 212,283Dividend income 57,036 63,612Interest income 2,214 5,889Net gain on disposal of PPE - 7,946Realised gain on disposal of available-for-sale investments 286,885 -Bequests 155,978 433,046Veterinary clinic sales 445,418 312,718Other 1,291 15,975Total 3,879,188 3,922,151

NOTE 4 - EXPENSES

(a) Depreciation ExpensePlant and equipment 115,956 111,497Total 115,956 111,497

(b) Salary and Employee Benefits ExpensesSalaries and wages 2,357,747 2,135,182Superannuation expense 207,168 194,463Provision for employee benefits 147,687 70,393Total 2,712,602 2,400,038

(c) Other ExpensesSheltering expense 311,775 271,036Fundraising expense and advertising 144,805 90,316Facility and equipment 225,848 278,395IT communication 94,664 93,299Professional fee 70,961 14,862Bad debts 19,303 -Discount - 21,730Asset Devaluation Expense - -General expense 398,140 267,612Loss miscellaneous expenses 1,015 -Total 1,266,511 1,037,250


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2014$

2013$

NOTE 5 - CASH AND CASH EQUIVALENTS

(a) Reconciliation of cash

Cash on hand 1,500 1,500Cash at bank 121,294 44,282Total 122,794 45,782

Cash at bank earns interest at floating rates based on daily bank deposit rates.

(b) Reconciliation of net surplus/(deficit) to net cashflows from/(used in) operating activities:

Net (deficit)/surplus (551,484) 92,611

Adjustments to reconcile net surplus (deficient) to net cashflows from operating activities:Depreciation 115,956 111,497Other non-cash items 74,413 −Net (gain) on disposal of property and equipment − (7,946)Realised (gain) on disposal of available-for-sale investments (286,885) −

Changes in assets and liabilitiesTrade and other receivables 375,402 (335,713)Prepayments 65,333 (79,375)Inventory 52,637 (47,419)Asset Held for Sale − 22,041Trade and other payables (76,041) 80,759Provision 83,627 35,122Deferred Income (295,000) 295,000Net cash flows (used in)/from operating activities (442,042) 166,577


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2014$

2013$

NOTE 6 - TRADE AND OTHER RECEIVABLES

CurrentTrade receivables 78,895 434,079Other debtors 15,305 35,522Total 94,200 469,601

Ageinganalysis ofreceivables

Total 0-30 days 31-60 daysPDNI*

61-90 DaysPDNI*

+91 daysPDNI*

+91 DaysCI**

2014 94,200 30,710 16,510 10,374 36,606 -2013 469,601 416,820 12,866 13,647 26,268 -

* Past due not impaired (PDNI)** Considered impaired (CI)

Receivables past due but not considered impaired are $63,490 (2013:$ 52,781). Management is satisfiedthat payment will be received in full.

Receivables past due but considered impaired are nil (2013: Nil).

NOTE 7 - AVAILABLE-FOR-SALE INVESTMENTS

At fair value:Fixed interest securities 101,393 175,095Listed shares 351,840 755,185Total 453,233 930,280

Available-for-sale investments consist mainly of fixed interest securities and listed shares and thereforehave no fixed maturity date or coupon rate. The fair value of the available-for-sale investments is basedon market data that is observable and therefore classified as level one financial instruments.

The following table provides the fair value measurement hierarchy of the available-for-sale investments.

Quantitative disclosures fair value measurement hierarchy as at 30 June 2014:

Fair value measurement usingQuoted prices

in activemarkets

Significantobservable

inputs

Significantunobservable

inputsDate of valuation Total (Level 1) (Level 2) (Level 3)

At fair value:Fixed interest securities 30 June 2014 101,393 101,393 - -Listed shares 30 June 2014 351,840 351,840 - -Total 453,233 453,233 - -

Quantitative disclosures fair value measurement hierarchy as at 30 June 2013:

Fair value measurement usingQuoted prices

in activemarkets

Significantobservable

inputs

Significantunobservable

inputsDate of valuation Total (Level 1) (Level 2) (Level 3)

At fair value:Fixed interest securities 30 June 2013 175,095 175,095 - -Listed shares 30 June 2013 755,185 755,185 - -Total 930,280 930,280 - -


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2014$

2013$

NOTE 8 - PROPERTY, PLANT AND EQUIPMENT

Computer Equipment and Software - Atcost 253,252 251,028Accumulated depreciation andimpairment (250,681) (227,044)Net carrying amount 2,571 23,984

Furniture and Fitting - At cost 531,977 498,211Accumulated depreciation andimpairment (445,386) (405,902)Net carrying amount 86,591 92,309

Building and Fixtures - At cost 1,359,599 1,951,008Accumulated depreciation andimpairment (1,337,634) (1,704,639)Net carrying amount 21,965 246,369

Motor Vehicles - At cost 135,296 131,648Accumulated depreciation andimpairment (72,946) (62,104)Net carrying amount 62,350 69,544

Total Property, Plant and Equipment 173,477 432,206

ReconciliationsCarrying amount at beginning of theyear 432,206 447,440Additions 49,834 133,214Disposals (192,607) (36,951)Depreciation expense (115,956) (111,497)Carrying amount at end of the year 173,477 432,206


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2014$

2013$

NOTE 9 - TRADE AND OTHER PAYABLES

CurrentTrade creditors 237,933 287,540Accrued expenses 25,484 36,614Superannuation 30,895 17,610PAYG withholding 35,842 3,950Other payable 51,465 76,598Total Current 346,272 422,312

Non-CurrentOther payable − -Total Non-Current − -

Total Trade and Other Payables 346,272 422,312

NOTE 10 - PROVISIONS

Current

Annual Leave 104,417 122,790Long service leave 33,944 50,533

138,361 173,323Non-CurrentLong-service leave 31,012 24,354

31,012 24,354

Total 169,373 197,677

Nature and timing of provisions

(i) Annual leave and long service leaveRefer to note 2 (k) for the relevant accounting policy and a discussion of the significant estimationsand assumptions applied in the measurement of this provision.


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NOTE 11 –NET UNREALISED GAIN RESERVE

(a) Movements in the Net Unrealised Gain Reserve was as follows:

$At 1 July 2013 272,016Unrealised (loss)/gain on available-for-sale investments 145,915

At 30 June 2013 417,931Transfer of realised gains to the statement ofcomprehensive income on disposal of available-for-saleinvestments (286,885)Unrealised (loss)/gain on available-for-sale investments 85,579At 30 June 2014 216,625

(b) Nature and purpose of the Net Unrealised Gain Reserve

This reserve records movements in the fair value of available-for-sale investments.

NOTE 12 – EVENTS AFTER THE REPORTING DATE

There have been no significant events that have occurred subsequent to 30 June 2014.

NOTE 13 – RELATED PARTY AND KEY MANAGEMENT PERSONNEL DISCLOSURES

(a) Members of the Council in office during the year are disclosed in the Council’s report thataccompanies these financial statements.

Key management personnel include the Chief Executive Officer, the Executive Manager CorporateServices, the Chief Financial Officer and the Executive Manager Training and Compliance,Executive Manager Animal Welfare, Manager Marketing and Promotion and Executive ManagerFundraising and Communication.

(b) Key Management Personnel Compensation

The aggregate remuneration paid to key management personnel during the financial year is as follows:

2014$

2013$

Short-term benefitsCash salary 618,834 519,335Cash bonus - 23,722Superannuation 41,033 46,900Allowances 28,531 4,992Total 688,398 594,949

(c) The association has no dealings with any other related parties.


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2014$

2013$

NOTE 14 – REMUNERATION OF AUDITORS

Amounts received or due and receivable by the auditors of the Association for:

An audit of the financial report 7,500 6,825Financial report preparation assistance 3,500 3,150Total 11,000 9,975

NOTE 15 – EXPENDITURE COMMITMENTS

The association has no expenditure commitments as at 30 June 2014 (2013: Nil).

NOTE 16 – ASSOCIATION DETAILS

The registered office of the Association is:

Royal Society for the Prevention of Cruelty to Animals (ACT) Incorporated12 Kirkpatrick StreetWeston ACT 2611

RSPCA ACT12 Kirkpatrick Street Weston ACT 2611

02 6287 [email protected]

ABN: 35 730 738 037

rspca act annual report 2013-14

Documents

rspca act team

rspca act cares

act government

watershed year

act domestic animal

rspca acts council

stray animal

mistreated animals