REGISTERED COMPANY NUMBER: 02719344 (England and Waleil REGISTERED CHARITY NUMBER: 1015540 ort ofth• Tru•t•M ¥nd Un•udlted Flnanclal 4tst•m•nts forth•Y for bourno Grn forthe D5oabled M¢Loan R4d charter￿ Acwuntants 1 Forstal Road Aylesford Kènt ME20 7AU **Leyboume Grnge Riding Centre for the Disabled** ## **Content of the Financial Sttements for the Year Ended 30 Septembr 2023** |||**Page**| |---|---|---| |**Repor of the Trustees**||to**2**| |**Independent Examiner's Repor**||**3**| |**Statement of Financial Activities**||**4**| |**Balance Sheet**|**5**|
to**6**| |**Notes to the Financial Sttment**|7|
to**11**| rn• Grdn forthpD Rldln abl•d Centre mb•r 2023 The trustees who are also directors of thè th8rty for the ￿￿ose5 of the c(￿pan￿ Act 20C6. pr￿Trt Ihair report wth the finanrial st8tsm$nts of the tharity for the year eThJed 30 SePt￿ter 2023. The trustee$ have adcpted the provi%ions of Accounting and ReportiTrJ by Chanbgs." Stst¢mènt of R8cLynmend•d Pr￿ti￿ ap￿ICable to ¢h8fibe5 pwaring Ih8ir acwunts in actt)rd8nca ￿ the Financial Reports'ng Standard applic4blÈ in thè UK and Ropublic ol Irdand IFRS 1021 lèff*th"ve 1 January 20191. OBJECTIVES AK) ACTMnES OblectIv￿ •nd olm¥ The obj.eds for whth the ￿rnpanY was estsbli8h&l. as 8•t out in ts Memorandum of Assoaab'on. a￿ to pro￿e. rnaintain. promote and Oneouragè I￿rse r*Jing and otrer acb'wi*'e5 for Ihe rnentslly or physically dwbbd and thè socialty handicapwy. Th• wany B a charity and exists to provKle. in thtt Inler•sts of so(#al **llare. theraFeutic and recreational facilitss fcf Fel5￿S ha*irvJ tr*reof by rgoson of their mental or physical disability or their sctial and e¢oncth¢ rAr¢umst8ntXS. ¥￿th th8 obJ"￿t of Improwng the qualty ol life for such ￿rSon$. Volunteer? The tru5tee$ are èxttsmety ind8btsd to Ih8 numerous volunteers vtho assist the Centre to 8¢hiÈvè rts c*)J8thv8s in providing a rnuc* needed for its disabbj d￿nts. The e￿r increasing wafong h'st for vaCar￿￿ say5 much fcf thÈir p*foftnan(* and the ￿re they provkle to the disa￿&￿ riders. Publk b•n•fft Trg Trustèes conthmi that they hast Compl￿ with the duty in secb.on 4 of tho Ch8nti•s A¢1 2QKfj to have due regard to the Charity Commission3 ger￿[31 guid8n¢x on publiG b8nefft. The TNstees ha¥¢ refetred lo 9uxl8n¢8 in t￿ Charity Commk8￿on'S gemral guidance cfj Public Benefit when revi8wng aims and obiath.vas aNJ in planning ftrture athiknes. In partular. the Trustegs con$kler how F4anned actiwti8S 11 contrbute to ts aims aDd obpct'ves they htvo sel ACHIEVEMENT AND PERFORMANCE Chorlt¥blg acttvltl•$ The charity continues to prO￿le subsdi8ed riding f8cilth.es lo Ihè disabled. Fundrnl•lng *ctlvitl•• The frJndrw3ing 8eAiwties ofthe charity ar¥ prima￿ty ts provL￿"On ofriding ￿son$, stabling fa01￿.e5 and cateriryJ. HNAIKIAL REVIEW Prlnclpal fundlng sour￿9 Major source of ftjnding for thArty is Ihè donations R [s￿l¥e$ frcm LeytMYJff* Grarrtje Rhling & TurtKJn Limfyd. totslling £23,214 12022."£30,8301 and donations for the use of the Charty3 equipment totalling £50.952 12022". £27.2241 for ts yearto 3fxh Septsmber 2023. Othar small ¢Jonabons are r•ceived through(4Jt the year from the general publK. R•••Trv•8 pollcy The thartsb￿ eompany has 8 rasèNè ￿nd Wh￿ has t*en set a$￿e as a contingenry fij￿1. Its wmary purpc68 is the possible purchase ol the land which is ￿￿entlY leased. but which will be sO￿j as part of a develowent piogrammo. ThB would ensurè thè c￿￿￿"nUaneA ofthè Carth and the seryKe rt promdes. The amount ol the fvnd is inueased as and when the Centre ￿CeiVe$ donations which are not rgauired forday to day runn￿9 costs STRUCTURE. GOVERNANCE AND MANAGEMENT Govemlng doeum•nt The charty ts controlbd by its Mernorandum and Arb'des ol AsBocl8b"￿ and corBthtutes a limit*Y (x)mp8ny. limrtéd by guarantee, a5 defined by lh¢ Companw Act 2006. R•¢rultment and appolntmont of n•¥v tru$te•8 In the •v8nt ol the current trustees resgning. ￿ r8rnainir9 twstee6 woukl lTr)k ¢0 we or more of the adutt volunt88r8 at the C8ntr¢ who hav8 shown Interest and ccthmthent overseveral years. R•lat•d partl•• l th& dirg¢t¢rs of the company are also tr￿te8$ of the charty, and their respon￿bIlItieS inc4¢JJ8 al the responsib'lities of dirertors under the Ccrnpanvas Ads aryj of tru¥teg5 undgrthe Chariti"8s Ad The dir8Ctors ara mambers of Iha (x¥rspany. REFERENCE AND ADMINISTIIATIVE D￿AlL8 R•gl8t•r•d CompAny numbèr 02719344 lErgla￿ and Wales) Page 1 Le ourn• G 271 ofth R•q18tor•d Charfty numb•r 1015540 R•gl•t•r•d offl¢• Thè Riding Centre B￿lI¥j Roa Leybourr MalliThJ Kent ME19 5HZ TN8tseB M$ J Fl6l&pr Tw$tee Ms J A Wn'ght Trustee Mrs A L O'Dell Trustee Ind•pandont Ex4mlnor JOM Champion M¢Le8n ReKI ChartetBd ACCO￿￿nts 1 For5tal Road Ay*ford Kent ME20 7AU Approved by order ofthe board oftrusleeB on 12 J￿Uary 2024 and gijned on its ￿haIfbY'. MS J Fletthr-Twstse Pagè 2 Rl In Dl¥*blod Indtrpondtnt wmlnèrfs r•port to th• tru•to•• of L•yboum• Grang• Rldlng C•ntr• for th• Db8abl•d nh• com￿ny,} I report to the th*ity trustees on rny exam￿￿tion of the accounts of Ihe Ccfflpany lor year &fKled 30 September 2023. R•$pon81billti￿ and ba818 of r•port As the charitys trustees of the Cornpany {8nd also ts rfirethrs for th& purp¢)ses of Company lawl you a￿ reSpo￿lts￿ for the prpp8ratstsn ofthe a¢wnts in acethBnc• wih the requirements ol the Cornpanias Act {'th8 2006 Aev). Ha¥Aw satisfi￿￿ myseK that the aoxjunts of the Company are r*)t required to be audrted under Part le of thè 20C6 Act and are elvJible for indep￿ent examfftation. I report in rÉ$pe¢t of my examination of your tharity's accounts as carned out undgr S8¢tion 145 of Chant¥e$ Act 2011 fft 2011 Acfl. In carrying out my examin*on I hw l)Howd Dir8th'ons gNon by the Charity Con￿1$610n ur¥Jer Section 14515) Ibl ofthe 2011 A￿. Ind•pgnd•nt •xamln•fs •tstsm•nt I have COMp￿ted my examination. I rLJnfinn that no matt8r5 h3ve L>yne to my attention In connectK)n wrth the exomlnalon glwn9 Cause to tel￿￿￿.. a¢¢ournbng ro¢ords %*re Th)t kept in respect ofthe Company as r8quired by Secoon 366 ofth& 2006 Art or the accounts do not acujrd with those record5', QT the ￿Unts do not cc*npty with the account'rrtJ requirements of Section 396 of thè 20(fi ALt olher than 8ry requirement that the accounts give a true and frair vigw which is not a matter fLJnsK*red as part of an ind8pendant axamination., or the acKounts have r￿t been prep8red in a¢¢ofd8nce with the methods and princples of the Statement ol Rècommèrn(lèd Praclca for accountr.ng and r8porb.ry by chants.es lapplic*Jl& tts charitsés prgpaiing their accoun1¥ in accordan￿ vthh the Fina￿al ReporbrG Stsndard applicable in the UKand Repu￿￿ of IrelaThS IFRS 10211. I have r¢0 CLJncems have come across no other matters in cvnnection wth the examinaoon to vthich atténtion shoLthY be drawrs in this rfjp￿t In order to ¢nable a proper uThJerstandffjg of Ihe acLoJnts to be ￿3¢he￿. Jghn Cham$* MeL•an Rad Chartered AccLJuntsnts l Forstal Ro•J Ay￿S1Ord ME20 7AU 15 January 2024 Page 3 L• boum• Gran for th• D • Rldln Slathmènt forth• Y•ar En Fl alA 2023 Unrestricted fvnd 2022 Total fijnds Notes INCOIE AND ENt)OWMENTS FROM Donat'ons and Waes 153,265 149,797 Othertrading actiwtse5 Investrnent incorne Other income 71,754 2,059 5,588 51,688 11691 1,827 Totsl 232,eA6 203,143 EXPENDITURE ON Raising fuThJs 87,385 95,795 Charllabl? acVvlllg¥ RKliw faul1￿e$ to the dis*Jled 157,431 152,672 Total 244,816 248,467 INCOMEI(EXPENDITURE) 112,1501 145,3241 RECONCILIATION OF FUNDS Total fijnds ￿WJhtfOTr¥ard 287,195 332,519 TOTAL FUNDS CARRIED FORWARD 275,045 287,195 Thtr notes fomi part ofthese finandal statements Page 4 Gran Rldln forth8 Dlsablad Balaneo Sltht 2023 Unrestr¢t￿l fijnd 2022 Total fijnds Notes FIXED ASSETS Tar¥Ji￿e assets 73,1e6 CURRENT ASSETS Oabtors Cash at bank and in ha￿1 16.311 198.358 16,562 203.096 214.e69 219.658 CREDITORS Amounts lallin9 du& wthin ￿ year 10 18,8871 15.6291 NEf CURRENfASSETS 205,782 214,029 TOTAL ASSETS LESS CURRENT UABILITIES 275,045 287.195 ASSErs 275.045 287.195 FUNDS Unw$trf¢tg(I funds 275.045 287,195 TOTAL FUNDS 275,045 287,195 The thoritaL4e company ts antitlad to axwnpts'on from audit und8r Secticffl 477 of the CornpanEs Act 20(E for Iho year ended 30 September2023. n￿ML￿r5 havè not requir8d tha company to obtain an audrt of rt5 finanLxal Statem￿ for the year and￿1 30 September 2023 in acc4xdan￿ with Sectyon 476 of the crAnpan￿1 Aet 2(K6. The tNstees ad(N)wlecSJe thwr respo￿￿11((￿S 101 ensuring that the chantabl& company keeps account'rrtJ records that r￿Mpty wth sec*'C￿5 388 and 387 of the compan￿ Act 2CKfj arby preparing finanual statements whKh gi￿ a true and fair of the state of affairs of the tharitable (mpany as at the eTrd of each finarval year and of its surplu$ or dBficit for each finanaal year in accordarte wth the raquirements of Sections 394 and 395 and which othe￿i8e CLJmth with the requirements ol the Companies Act 201k% relaMg to f nan￿al $tatwnents. so far 8$ appli¢abb to the ¢hwtsblo company. Ibl The fom) part olthe8e fin8n¢i81 $tatsments Pffjes contin￿1.. L• me Gran 271 t•mbor 202 These ffinanaal statements have txen prepargd In aCt￿￿nCe ￿ the provisicns aFplicabk to Charitab￿ company subj'ect to the ¥mall ccffipankrys r89ime. The finarrial $tst¢mgnts were approved by the Board of Tru6tse6 arKI outh￿T59d i5sug on 12 January 2024 and wèrg signed on ils behalf by.. M$ J Fl&l(tsr- Trust8 gnLddJ Mfs A L O'Dell- Trustee J A ￿￿ht. Tnts18e The notes lonn part ol the58 financ4al statsrn8nts Page 6 Gran Rl forthe D15abled thé Flnanelal Ststrmonts for tho ACCOUNTING POLICIES B•il• of WOPAblrvJ th• finaneFal ststements Tho financ4al statements of the charil8tAe c(xnpany, whKh 15 a public ontity under FRS 102, have been prepared in at￿rdan￿ ￿1h Iha Chanties SORP IFRS 1Q21 Account'ng and Reportiro by Charities.. StatemÈnt ol Reo)rnmended Practice ap￿l￿b* to thanb"¢s pr¢panFvJ their accounts in accordan￿ wth th& Finawial Repth"ng Sl8ndard applicable in the UK and RepublK of Irek8nd IFRS 1021 leffeclNe 1 January 20191,. Fina￿la4 Reportiry St8nd8rrJ 102 The Finanoal ReportiThJ Standard appliCa￿e in the UK and Reput4ic ol Ireland, and the Companvas Act 2(￿￿. The finaro4al statements have bgen prepared under t1￿ historical cost wnvenbon. Thg tru5te85 cons￿$r that thgra are no Material un￿rtain￿$ relat&1 to events ￿ cThpJthons thal may c851 gnificant dwbt about tre 8b.lty oflh8 charity to conts"nL* as a gcNng ¢xJncem. Finanelal rOpo￿n0 standard 102- r•du¢•d dSBclosur• OX•fflp￿Qn0 The Charitab￿ cJ)rnpany has t*gn advant89* of the follffiffj disdosur¢ &xemptions in Fryarfng Ihese finanaal statamènts, as pèrmrtted by FRS 102 'The Financial ReportirvJ Standard applicab￿ in the UK and Republic of IrdarKI': the wuirernents of Section 7 Ststernènt ofcash FILhVS. Incom• All inth)mè is ot4nis8d in thè StateM￿t of Finanaal Actiwties On￿ Ihe chanty has entitiement to Ihe fijnds, it is Obab￿ that thè incorn• will be received and the amount can be measured reliably. EXpondI￿r0 ilrtws arè r•cognis8d as Oxp•nditU￿ as soon as there is a *al or c¥)nslnJctive oblvJatron cofflmitting the c*ty to trat exwditufy. rt 1$ probabfe th818 transfor of $wnoml¢ ien9fits wll i* roqUI￿d in sduement and thè ￿C*Jnt of th& obloth.on can b8 measured reliabty. Eypendthre is accounted for on an acuuals basis and has b8en dassl￿d und•r haadings that aggr8gat• all o)st rolahl to th& category. VVh8r8 eosts cannot be dir8dy attll'buted to particular headings thèy have ￿trn alkxated to activrtbs on a basis eonststant with th8 use of rèsourtss. Tanglbl• Ilx•d amets D•p￿A#tIOn is WOVKl8d atts fo11L￿r￿ annual r*s in order to %wrte off each asset o¥er its estimated useful lrfe. Short18as8hokl Plant and rn4th￿ery IO% on cost and 5% on cKJ5t on ¢osl Taxatjon The tharity exempt frorn cxjrporation tax on ts CharItab￿ al￿￿￿8. Fund accountlng Unr￿tricted fiJnd8 can usèj in *eardane4 with tha th￿nta￿e thJ"ath"ves at Ih8 dwetion ofthe trustees. Hlre purch￿? and lea•lng wmmltrngnts Rents1$ paKI undgr oparating bas¢$ are tharged to the Stat￿ent ol Finanaal Ath"wties on a Stra￿jht lire basss over the peTP)d ol the. P•nslon ¢o•ts and oth•r po8t48tlr•m•nt ￿n•fits The charitable 0￿panY operates a defined cx)ntribution ￿n$￿)n scheme. Contributi0fi5 payable to tharrt8bk compan1$ wn$K)n Kheme ¥e charged to the Statement of Fina￿1￿ Actiwhes in the period to which re￿e. Pw¥7 cortinU8d... e Gran for •RI FIna￿l31 Ststsm•nts- COn￿nU•￿ r 2023 OTHER TRADING ACTIVITIES 2023 2022 T•mporary kgth.ng and Irc8nsing of charita￿• property Tuition fees and hire of ha 12,660 59.094 9.147 42.541 71.754 51.688 INVESThlENT INCOME 2023 2022 Bank deposit interest 2,059 11691 NET INC