**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) Page 1 urna Grnn Y r End•d 30 $0 R•gl8t•rnd c￿rfty numb•r 1015540 The RKlltvJ Cgntre Blrtlng Road Laybou K•nt ME19 5HZ Tru•ta M8 J Flatc￿TrttStsè M8 J A ￿Ight Trusta• Mr• A L O'D•ll Tr(th• 1ndl￿nd￿nt Emmln John Champion McL&on R•+J Charternd A¢1>x￿nts t Forst￿ Road Ayb8ford ME20 7AU AFprwa by ord•r oftho boord oltru•tseg on15 JaNary 2￿28 an(1 •lgrrtd on Its bghawty. M8 J N*hor-Thoto• Page 2 rn• Grdn Indepondent •Lwnln•rfs 1•P￿ tt+ Ih tru•te*• of L6yboum Gratygo l￿dI￿ C•ntrn for th• D[Mbl￿ (Y Compan￿) I report to th• trustèes my a￿*￿t5)n ￿ the ￿xmts of th8 Company for Jwr ended 30 Septernb8r 2025. R06ponslbllld¢• and ba#1# of r•wt As the chantys trLtsteès of Cw*ry larvj also its Ornr*)rs purpoBOJ af cryy you are r88prKN￿O fc¢ H￿n9 sotitha my8eW that the cl th& Conpw are to 8udikd ￿ Part 16 of the 20C8 ALI and are eltgbb f¢r hdopeTrJent eXamN￿￿(￿. I rapxt li r•iFec* of rny e￿n&Jon of your attounts 8$ ¢arrknJ out under 145 of the Chth ALX 2011 2011 Nd>. In ￿J1 my I habp frAcw*d the Dlrextiora gNen by tr* Charty Cefflmw*)n uthr SWAr￿ 14gsi Ibl oftr* 2011 P Ind•pendent•¥amlnorf• •tst•me Slnce you¥ tharit¢s Income •xc*wJ•J £2￿1.[￿ y(xw mLtyt t* 8 cl 8 Isted tcrfty. l conffim) thal l am quallfieAI to urthrtthe Ihe exarninaticffj becau￿ l •n • mth>•r of l* InthJl• cl Chort*¢￿ A¢rJJ#*ants In England aNJ Wakn. whkh Is on8 ofts t#>Je& wunt• dc not aLZ(Yd wilh Its)8• r8oJrth'. or accounts ¢Jo not c£ffipty thè 8e¢AmtrJ T￿tir￿nts of Sedk)n ￿ of 2CQ6 kt c4J￿ Ihan •ny m•nt Ihat the 4ccounts 9￿• a IB rK>t a mts c4)nBtd•r•d al PArt ol an kn¢JepeThlent exwnlnatkffl.. or g¢¢ounts ha¥t not t¢en prap8T&J kn ￿COrdanC￿ tha m•thcUnrestricted
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 Page 5 continued... th•D Bthiecttots ￿911 CCmF4*6 r*Jkn gned t¢hdf by.. Ms J F18tcPw.Tr¥A* Mrn A L(YD•ll- M8JAWrWt.Tr **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| Page 7 continued... **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| Page 8 continued... ## **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| |---|---|---| |||| |||| |||| |||| |||| |||| Page 9 continued... **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| Page 10 continued... **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. Page 11