REGISTERED COMPANY NUMBER: 02719344 (England and Wales) REGISTERED CHARITY NUMBER: 1015540
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 30 September 2025
for
Leybourne Grange Riding Centre for the Disabled
McLean Reid Chartered Accountants 1 Forstal Road Aylesford Kent ME20 7AU
Leybourne Grange Riding Centre for the Disabled
Contents of the Financial Statements for the Year Ended 30 September 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | to | 6 |
| Notes to the Financial Statements | 7 | to | 11 |
Leybourne Grange Riding Centre for the Disabled
Report of the Trustees for the Year Ended 30 September 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects for which the company was established, as set out in its Memorandum of Association, are to provide, maintain, promote and encourage horse riding and other activities for the mentally or physically disabled and the socially handicapped.
The company is a charity and exists to provide, in the interests of social welfare, therapeutic and recreational facilities for persons having need thereof by reason of their mental or physical disability or their social and economic circumstances, with the object of improving the quality of life for such persons.
Volunteers
The trustees are extremely indebted to the numerous volunteers who assist the Centre to achieve its objectives in providing a much needed service for its disabled clients. The ever increasing waiting list for vacancies says much for their performance and the care they provide to the disabled riders.
Public benefit
The Trustees confirm that they have complied with the duty in Section 4 of the Charities Act 2006 to have due regard to the Charity Commission’s general guidance on public benefit.
The Trustees have referred to the guidance in the Charity Commission’s general guidance on Public Benefit when reviewing aims and objectives and in planning future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
The charity continues to provide subsidised riding facilities to the disabled.
Fundraising activities
The fundraising activities of the charity are primarily the provision of riding lessons, stabling facilities and catering.
FINANCIAL REVIEW
Principal funding sources
Major source of funding for this charity is the donations it receives from Leybourne Grange Riding & Tuition Limited, totalling £17,897 (2024:£21,064) and donations for the use of the Charity's equipment totalling £68,414 (2024: £56,832) for the year to 30th September 2025. Other small donations are received throughout the year from the general public.
Reserves policy
The charitable company has a reserve fund which has been set aside as a contingency fund. Its primary purpose is for the possible purchase of the land which is currently leased, but which will be sold as part of a development programme. This would ensure the continuance of the Centre and the service it provides. The amount of the fund is increased as and when the Centre receives donations which are not required for day to day running costs.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its Memorandum and Articles of Association and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
In the event of the current trustees resigning, the remaining trustees would look to one or more of the adult volunteers at the Centre who have shown interest and commitment over several years.
Related parties
All the directors of the company are also trustees of the charity, and their responsibilities include all the responsibilities of directors under the Companies Acts and of trustees under the Charities Act. The directors are members of the company.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 02719344 (England and Wales)
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Leybourne Grange Riding Centre for the Disabled
Statement of Financial Activities for the Year Ended 30 September 2025
| 2025 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 199,146 Other trading activities 2 76,491 Investment income 3 4,281 Other income 7,591 Total 287,509 EXPENDITURE ON Raising funds 89,200 Charitable activities Riding facilities to the disabled 152,952 Total 242,152 NET INCOME 45,357 RECONCILIATION OF FUNDS Total funds brought forward 294,194 TOTAL FUNDS CARRIED FORWARD 339,551 |
2024 Total funds £ 160,183 69,792 5,961 5,442 |
|---|---|
| 241,378 | |
| 79,389 142,840 |
|
| 222,229 | |
| 19,149 275,045 |
|
| 294,194 |
The notes form part of these financial statements
Page 4
Leybourne Grange Riding Centre for the Disabled
Balance Sheet
30 September 2025
| 2025 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 8 82,929 CURRENT ASSETS Debtors 9 40,640 Cash at bank and in hand 223,130 263,770 CREDITORS Amounts falling due within one year 10 (7,148) NET CURRENT ASSETS 256,622 TOTAL ASSETS LESS CURRENT LIABILITIES 339,551 NET ASSETS 339,551 FUNDS 11 Unrestricted funds 339,551 TOTAL FUNDS 339,551 |
2024 Total funds £ 63,395 28,195 205,680 233,875 (3,076) 230,799 294,194 294,194 294,194 294,194 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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Leybourne Grange Riding Centre for the Disabled
Notes to the Financial Statements for the Year Ended 30 September 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The trustees consider that there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the charity to continue as a going concern.
Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Short leasehold | - 10% on cost and 5% on cost |
|---|---|
| Plant and machinery | - 10% on cost |
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| Temporary letting and licensing of charitable property Tuition fees and hire of hats |
2025 £ 3,895 72,596 76,491 |
2024 £ 10,426 59,366 |
| 69,792 |
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Leybourne Grange Riding Centre for the Disabled
Notes to the Financial Statements - continued for the Year Ended 30 September 2025
3. INVESTMENT INCOME
4.
| INVESTMENT INCOME | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Bank deposit interest | 4,281 | 5,961 |
| NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | ||
| 2025 | 2024 | |
| £ | £ | |
| Depreciation - owned assets | 10,884 | 5,868 |
| Deficit on disposal of fixed assets | 2,451 | - |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 September 2025 nor for the year ended 30 September 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 September 2025 nor for the year ended 30 September 2024.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
| General administration No employees received emoluments in excess of £60,000. 7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Donations and legacies Other trading activities Investment income Other income Total EXPENDITURE ON Raising funds Charitable activities Riding facilities to the disabled Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward |
2025 2024 8 7 Unrestricted fund £ 160,183 69,792 5,961 5,442 241,378 79,389 142,840 222,229 19,149 275,045 |
2025 2024 8 7 Unrestricted fund £ 160,183 69,792 5,961 5,442 241,378 79,389 142,840 222,229 19,149 275,045 |
|---|---|---|
| 241,378 | ||
| 79,389 142,840 |
||
| 222,229 | ||
| 19,149 275,045 |
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Leybourne Grange Riding Centre for the Disabled
Notes to the Financial Statements - continued for the Year Ended 30 September 2025
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| TOTAL FUNDS CARRIED FORWARD 8. TANGIBLE FIXED ASSETS COST At 1 October 2024 Additions Disposals At 30 September 2025 DEPRECIATION At 1 October 2024 Charge for year Eliminated on disposal At 30 September 2025 NET BOOK VALUE At 30 September 2025 At 30 September 2024 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors Leybourne Riding School Accrued income Prepayments 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Other creditors Accrued expenses |
Short leasehold £ 168,105 - - 168,105 121,790 4,136 - 125,926 42,179 46,315 |
Unrestricted fund £ 294,194 Plant and machinery Totals £ £ 47,759 215,864 35,618 35,618 (6,500) (6,500) 76,877 244,982 30,679 152,469 6,748 10,884 (1,300) (1,300) 36,127 162,053 40,750 82,929 17,080 63,395 2025 2024 £ £ 2,815 3,500 10,277 9,348 19,019 11,014 8,529 4,333 40,640 28,195 2025 2024 £ £ 3,862 - 520 382 2,766 2,694 7,148 3,076 |
|---|---|---|
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Leybourne Grange Riding Centre for the Disabled
Notes to the Financial Statements - continued for the Year Ended 30 September 2025
11. MOVEMENT IN FUNDS
| At 1.10.24 £ Unrestricted funds General fund 294,194 TOTAL FUNDS 294,194 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 287,509 TOTAL FUNDS 287,509 Comparatives for movement in funds At 1.10.23 £ Unrestricted funds General fund 275,045 TOTAL FUNDS 275,045 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 241,378 TOTAL FUNDS 241,378 A current year 12 months and prior year 12 months combined position is as follows: At 1.10.23 £ Unrestricted funds General fund 275,045 TOTAL FUNDS 275,045 |
Net movement At in funds 30.9.25 £ £ 45,357 339,551 45,357 339,551 Resources Movement expended in funds £ £ (242,152) 45,357 (242,152) 45,357 Net movement At in funds 30.9.24 £ £ 19,149 294,194 19,149 294,194 Resources Movement expended in funds £ £ (222,229) 19,149 (222,229) 19,149 Net movement At in funds 30.9.25 £ £ 64,506 339,551 64,506 339,551 |
At 30.9.25 £ 339,551 |
|---|---|---|
| 339,551 | ||
| 19,149 | ||
| At 30.9.25 £ 339,551 |
||
| 339,551 |
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Leybourne Grange Riding Centre for the Disabled
Notes to the Financial Statements - continued for the Year Ended 30 September 2025
11. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 528,887 528,887 |
Resources Movement expended in funds £ £ (464,381) 64,506 (464,381) 64,506 |
Resources Movement expended in funds £ £ (464,381) 64,506 (464,381) 64,506 |
|---|---|---|---|
| 64,506 |
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 September 2025.
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