REGISTERED COMPANY NUMBER: 02719344 {England and Wales) REGISTERED CHARITY NUMBER: 1015540 of Tru and Finan I Statsm 30S ran eRI rthe DI bled McLean Reid Chartered Accountants 1 Forstal Road Aylesford Kent ME20 7AU
Idln Centre for the D" Inanclal Statements for the Year Ended 30 S tember Pa Report of the Tru8tee8 1 to 2 Independent ExamIne* Rèport Statom¢nt of Flnanclal Aclfvltl88 Balanc• Shoot 5 to 6 Not88 to tho Flnanclal Statements 7 to 11
mo Gran e Dlsabled stered nu Cèntre 02719344 Rè Year Ended Trustees mbor 2024 for The trustees who are also directors of the charty for the purpos6s of the Companles Act 20C6. present their report with the financial statements of the charfty for the year end8d 30 September 2024. The trustees have adopted the provtsl¢Jns of Accounting and R6PQrting by Char8$. Statement of Recommended Practice applicable to charibes preparing théir acCunts in accordancé with the Finanaal RewrtirwJ Standard applicable in the UK and Republic of Ireland (FRS 102} {effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectlves and aims The objects for which Ihe company was estsblished, as sét out in its Memorandum of Association, aré to provide, maintain, promote and enwurage horsé riding and other activities for the mentally or physical disabled and the socially handicapped. The Company is a charty and xists to provide, in the interests of social welfare. therapeutic and recrealional facilibes for persons hawng need thereof by réason of their mentsl or physical disability or their sodal and economic arcumstances, with the object of improving Ihe quality of life for such persons. ' Voluntsers The trustees are 8xtremely indebted'to the numerous voluntéers who assist the Centre to achieve its objectives in provlding a much needed Servi for its disabled clients. The ever increasing waiting list for vacancies. says much for their pérforman and the care théy providè to the disabled riders. Public benefft The Trustees confirm that they have complied with the duty in Sec*ion 4 of the charle$ Act 2006 to have due regard to the Charity Commisslon's general guidan on public ben8fft. The Trustèes have referred to the guidanc8 in the Charity Commission's g6rra1 guidanG9 on Public Benefft whén reviewing aims and objectives and in planning future activittes. In particular, the Trustees consider how planned actlvlties 11 contribute to the aims and objectNes they have set ACHIEVEMENT AND PERFORMANCE Charltable activities The charity ojntinues to provide subsidis8d riding faclllties to the disabled. Fundraising activities The fiJThJrasing activities of the charity are primarily the provision of riding lessons, stabllThJ fadlltiés and Catering. FINANCIAL REVIEW Princlpal funding sOue9 Malor source of fiJnding for this chanty is th8 donations tt receives from L8ybourn8 Grange Riding & Tuition Limited, totalling £21.06412023:£23,214) and donations for thé us6 of the Charivs UIpMent totslling £56,832 (2023.. £50,952) for the year to 30th S6ptemb8r 2024. Other small donations are rec8iv8d thrcmjghout ts year frcffl the general publl Re8ervM pollcy The charitable company has a r8s8rve fund which has been set aside as a contrngency fjjnd. Its primary purpose Is for the possLbl8 purchase of the land which is currently leaséd, but thich will be sold as part of a d8v6lopment programme. This would ensure the Continuan of the Centre and the s8Nio it provldes. The amount of thé fund is increased as and vthen th8 Centr8 reIVeS donations whid) are not required for day to day running costs. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing documont The charity is controlled by its Memorandum and Articles of Association and )nstitUteS a limitéd company, limsted by guarantoe, as defined by th8 Companies Act 2006. Re¢rultment and appolnlment of new tru8tee8 In the event of the current trustees resigniro, the remaining truste6s would look to one or more of the adult volunteers at the C8ntre who have shown interest and ccmmitinent over several years. Related partle8 All the directors of the company are also trustees of the charty, arKI thelr résponsibilities indude all the responsibilltles of directors undèr the Companies Acts and oflrustees undér th6 Charities ACL The directors are members ofthe company. REFERENCE AND ADMINISTRAllVE DETAILS Registered Company number IY2719344 (Ewland and Wales) Page 1
boumè Gran Contro umber: 02719344 forth DI rt of the Trustee8 forthe Year Ended 30 Se Registerèd Charity number 1015540 Registered office The Riding Centre Blrting Road L8yboume West Malllng Kent ME19 5HZ Tru8ts08 Ms J Fletcher Trustee Ms J A Wright Trustee Mrs A L O'Dell Trustee Independent Examlnor John Champion McLean Reid Chartered Accountants 1 Forstal Road Afvford Kent ME20 7AU Approved by order of the board of trust888 on 18 April 2025 and slgned on its behalf by: Ms J Fletch8r- Trustee Page 2
de endent Examin boumo Gran r the Dlsablad rt to tho Trustses of Independent examlnets roport to the trustèès of Leyboum• Grangè Riding Centre for the Dlsabled ('thè Company,) I report to the tharity trustees on my examination of the accounts of the Company for the year ended 30 September 2024. Re8pon81bllllles and basis of report As th8 charity's trustees of the Company (and also its directors for the PUTposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements ofthe Companies Act 20CE 2006 ACV). Having satisfied myself that Ihe accounts of the Company are not required to be audit8d undèr Part 16 of the 2006 A and are eligible. for independent ex8mination. I report in respect of my examination of your charitys accounts as carried out under Section 145 of the Charlbes Act 2011 (Ihe 2011 Acl). In carrying out my examination I have followed thè Directions given by th8 Charity Commtssion under Section 145{5) (b) of the 2011 Act. Indepondent examlnerf8 8tatsmont I have completed my examinatlon. l ¢onfimi that no matters hav8 wme to my attentlon in connedion wlth the examination giwng me cause to believe.. accountlng records were not kept in respect ofthe Company a8 wuired by Sectlon 386 01 the 2J8 Act,. or the accounts do not accord with those records; or the accounts do not comply with the accounting requirements of Sect¢on 396 of the 2006 Act other than any réquirement that the accounts give a true and fair view whlch is not a matter considered as part of an independent examlnalion,. or the accounts have not been prepared in accordance with the methods and prindpl6s of Ihe Statement of Recommended practi for accounting and reportlng by charities (appllcable to charits'es preparsng thelr accounts in accordance with the Financial Reporting StarKfard applicable in the UK and Republlc of IrelarKI IFRS 1021). I have no concems and have come acr088 no other m8tterg In connection wlth the examination to whlch attention Shoutd be dravm in this report in order to enable a proper underslandlng of the accounts to tse reached. John Champion McL8an R8ld Chart8red Accountsnts 1 Forstal Road Aylesford Kent ME20 7AU 21 April 2025 Page 3
boume • Ridin for Iho Disa Statement of Fl the Year Ended 30 cial Activiti tember 2024 2024 Unrestricted fund 2023 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 160,183 153,265 Other trading actiwties Investment Inccffle Other incom6 69,792 5,961 5,442 71,754 2,059 5,588 Total 241,378 232,666 EXPENDITURE ON Raislng funds 79,389 87,385 Charltable a¢bvltle8 Rlding facllltles to the disabled 142,840 157,431 Total 222,229 244,816 NET INCOMEI(EXPENDITURE) 19,149 (12.150) RECONCILIATION OF FUNDS Total funds brought forward 275,045 287,195 TOTAL FUNDS CARRIED FORWARD 294,194 275,045 The notes form part of these financial statsments Page 4
boumo Gra for the.Disabled eRi number. 02719344 Balan¢e S 30Se r 2024 2024 Unrestricted fuTr 2023 Total funds FIXED ASSETS Tangible assets 63,395 69,263 CURREKf ASSEf8 D8btors Cash at bank and in hand 28,195 205,680 16.311 198,358 233,875 214,669 CREDrfoRS Amounts falling due within one year 10 {3,076) {8,887) NET CURRENT ASSETS 230,799 205,782 TOTAL ASSETS LESS CURRENT UABILrriES 294,194 275,04.5 '- NEf ASSETS 294,194 275,045 FUNDS Unrestricted funds 11 294,194 275,045 TOTAL FUNDS 294.194 275,045 The charitabi8 company is entiled to exemplion from audit under Section 477 of th8 Companies Act 2006 for the year ended 30 Septemb8r 2024. The members have not required the company to obtaln an audit of its financial statements for th8 year ènded 30 September 2024 in accordance wth Section 476 of thé Ccffipantes Act 2006. The trustees acknowtedge their responsibilities for (a) ensuring that thé Charitab company keeps atcounting records that comply with Sections 386 and 387 of the Companl8s Act 2CH)6 and preparing financial ststements which give a true and fair view of th8 stat8 of affairs of the charitable company as at the end of each finandal yéar and of tts surplus or deficit for each finanaal year in accordance bmth the requirements of Sections 394 and 395 and which otheTwise comply with the requirements of the Companies Act 20C6 relating to finandal statements, so far as applicable to the charitable I1panY. (b) The notes fomi part ofthes8'financial statements Pag8 5 continued...
Le bourne Gran sabled Ro Istsred num Centro 19344 Balanee 3080 - contlnued tèmber 2 These financial statsments have teen prepared in accordan with the provisions applicable to charitable Companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authoTised for issue on 18 April 2025 and were signed on its behalf by: Ms J FletdEr- Trustee Mrs A L O'Dell - Trustee Ms J A Wright- Trustee The notes fomi part ofthese financial statements Page 6
ran or sabled Centre Note8 ft> the Year En Financl ed30Se tements ber 2024 ACCOUNTING POLICIES Basis of preparing the financlal statsments Th8 financial statements of the charitable company, which is a public benefit entity undér FRS 102, have been prepared in accordan with the Charitiés SORP {FRS 1021 'Accounting and Reporting by Charities.. Statwnent of Réwmmended Practi applicablé to tharities preparing their accounts in accordanc8 With the Financial Reporting Standard applicable in thè UK and Republic of Ireland {FRS 102) (effective 1 January 20191., Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Iretand, and the Companies A¢X 2006. The financial statements have been prepared under the historical cost convention. Th8 trustees consider that there are no material unrtainl18S related to events or conditions that may cast slgnificant doubt about the abilty ofthe charity to continue as a going concem. Financial reporting standard 102- reduced dlsclosure exemptlons The charitable company has taken advantage of the following disdosure exemptlon In preparing these financial stateménts, as pemitted by FRS 102 'The Financiai Réportlng Stsndard applicab In the UK and Republic of Ireland,: the requirements of Section 7 Stat6ment of Cash Flows. ineome All income is recognised in thé Statement of Financial Activities once thé charity has entittement to the funds, it is prcoable that the income will r¢olved and the amount can. bé measured reliably. Expendlture Liabilities ar8 recognised as expenditure as soon as th8r8 ts a legal or o)rtstwctive c4)ligatlon committing the charty to that expenditure, It is probable that a transfer of economic beneffts wlll b8 required in settlement and thè amount of the obligation can b8 m8asured reliably. Expenditure is accounted for on an accruals basis and has been dassified under headings that aggregate all cost related to the category. IAlhere costs cannot be direclly attributed to particjjlar h8adlngs they have been allocated to actiwtlés on a basis consistent with the use of resour$. Tanglble fixed assets Deprecialion is provided at the followtng annual rates in order to write off each ass8t over its estimated usefjjl life. Short leasehold Plant and machinery 10Wo on cost and 50/0 on cost 10Yo on cost Taxallon The charity is exempt from corporation tax on its charitable activities. Fund a¢countlng Unrestricied funds can be used in accordanca with the charitsble objectives at the dlscretion ofthe trustees. Hire purchase and leaslng commlthionts Rentals pahj under operating leases are chargéd to the Ststement of Financial Activities on a straight line basis over the rfod of the lease. Pension ¢osts and other post-rellrement benefits The ¢haritable company operates a dèfinad wntribution pension scheme. Contributions payable to the aritable companws pension scheme are charg8d to the Statement of Financial Activities In th8 period to which they reEate. Page 7 conlinued...
Le l)oume e Rldin for the Disabled Centre Notes to the Financial Sta Se tember 2024 OTHER TRADING ACTIVITIES 2024 2023 Temporary letttng and li*nsing of charilable ppety Tuition fees and hire of hats 10,426 59,366 12,660 59,094 69,792 71,754 INVESTMENT INCOME 2024 2023 Bank deposit interest 5,961 2,059 NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is statad after chargingl(crediting): 2024 2023 Deprecialion - owned assets Hire of ptant and machinery 5,868 10,403 414 TRUSTEES. REMUNERATION AND BENEFITS There wore no trustees. remunération or other benefits for the year ended 30 September 2024 nor for the year ended 30 September 2023. Trustees, expenses There were no trusteos, expenses paid for the year ended 30 September 2024 nor for th8 year ended 30 September 2023. STAFF COSTS The average monthly number of employ8È5 during Ihe yearwas as follt)WS'. 2024 2023 General administration No employees received emoluments in exc&ss of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fvnd INCOME AND ENDOWMENTS FROM Donations and legades 153.265 Othèr trading activ¢ti8S Investment income other income 71,754 2,059 5,588 Total 232,666 EXPENDITURE ON Raising funds 87,385 Charltable aetivities Riding facilities to the disabled 157,431 Total 244.816 Page 8 continued...
o Rldi Cèntre otss to the Finaneial for tho Year Ended 30 Se ts - conllnued COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES - conllnuad Unr8strict8d fijnd NET INCOMEI(&XPENDITURE) (12,150) RECONCILIATION OF FUNDS Total funds brought fOard 287,195 TOTAL FUNDS CARRIED FQRWARD 275,045 TANGIBLE FIXED ASSETS Short lea8ehokt Plant and machln8ry Totals COST At 1 October 2023 and 30 September 2024 168,105 47,759 215,864 DEPRECIATION At 1 October 2023 Charge for year 119,910 1,880 26,691 146,601 At 30 September 2024 121,790 30,879 152,469 NET BOOK VALUE At 30 September 2024 46,315 17,080 63,395 At 30 September 2023 48,195 21,068 69,263 DEBTORS: APdlOUNT8 FALLING DUE WITHIN ONE YEAR 2024 2023 Other debtors Leybourne Riding School Awued income Prepayments 9,348 11,014 4,333 10,168 4,991 28,195 16,311 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade Creditors other creditors Awrued expenses 5,885 471 2,531 382 2,694 3,076 8,887 Page 9 continued...
boume G e Rldln e Disabl Centre Notes io the Fl cial Statem for the Year En ed30Se - continued ember 2 11. MOVEMENT IN FUNDS Net movement in fuThJs At 1.10.23 At 30.9.24 Unrèstricted funds General fund 275,045 19,149 294,194 TOTAL FUNDS 275,045 19,149 294,194 Net movement in fijnds, included in the abov6 aré as follows: Incomlng Resourcas expended Movement in funds Unrestrlcted fvnd• General fund 241,378 {222,229) 19,149 TOTAL FUND8 241,378 1222,2291 19,149 Comparatives for movement In fund8 Net movement in funds At 1.10.22 At 30.9.23 Unr08trlcted fund8 General fund 287,195 {12,150) 275,045 TOTAL FUNDS 287,195 (12.150} 275,045 Comparatlve net movement in fiJnd8, Included in Ihe above are as follows: Incomlng resources Resources expanded Movement In fvThJs Unrestrictsd lunds General fund 232,666 (244,818) (12,150) TOTAL FUNDS 232,666 (244,8161 (12.1501 A current year 12 months and prlor year 12 months combined position 18 as follows: Net movement in fvnds At 1.10.22 At 30.9.24 UnTestrlcted funds General fvnd 287,195 6,999 294,194 TOTAL FUNDS 287,195 6,999 294.194 Page 10 continued...
e Rldin for the Di83 Cent Note Inanclal Statements - for the Year Ended 30 Se r 2024 11. MOVEMENT IN FUNDS - continued A current yéar 12 months and prior year 12 months combined net movement in fvnds, included in Ihe above ar8 as follows.. Incoming resources Resourcos 6xnded Movemént in funds Unre8tr1¢tsd funds Gèneral fund 474,044 (467,0451 6,999 TOTAL FUNDS 474,044 (467,045) 6,999 12. RELATED PARTY DISCLOSURES There were no related party transactlons for tho year endéd 30 Sèptember 2024. Page 11