Company registration number.. O?762589 Charity r¢815lration numbei.: 1045045 The Wormwood Scrubs Pony Centre IA charitable company limiled by guarantee) Annual Rep)rl arbd Financial StaL¢menlS for the Year Endcd 31 March 2024 'ADn4F4TC* 0910112025 COMPANIES HOUSE A12
The Wormwood Scrubs Pony Centre Contents Reference and Administralive Delai15 Trusitts, Report Statement of Trustees, Responsibilities 12 Independ¢n( E¥aminels Report 1310 14 SiaiemcnL of Financiul Activities 15 to 16 Balance Slieel 17 Noies the Financial Slements 181027
The Wormwood Scrubs Pony Centre Reference and Administrative Details Chairperson Ms Janice Gardner Chief Exetutlve Offlter Sister Mary Joy Langdon Trusl¢es Ms Janice Gardner Ms Tracev Spen51ey Ms Addy Windsor-clive Ms Emily Thomas Mi. Graeme Di'ummond Ms Nichola Blackley Ms Serene Murphy Ms Helen Holmes Ms Selma Hassabu Secretary Ms Tracey Sp¢nslcy Palron Mr Martin Clunes OBE Senlor Management Team Sisier Maiy Joy Langdon, Chiel. Executive Ot7icer Registered Offltt Savoy House Suvoy House Savoy Circus London W3 7DA The charity is incorporated in En8alnd and Wales. 02762589 Company ReElStralion Number Charity ReEiStra¢ion Number 104i045 Bankers NatWe51 Bank PIC 25 Shephei'ds Bush Gr¢¢n London W12 BPR Co-operative Bank Onlinc Banking (Looperaiivebank.¢o.uklbusiness) Independent Examiner Alisiair I Wem Bsc FCA Wem & Co CharLercd Accounlonts Savoy House Savoy Ciifus London W3 7DA Page I
The Wormwood Scrubs Pony Centre DIRECTORS, AND TRUSTEES, REPORT FOR THE YEAR ENDED 31st MARCH 2024 The Ti'ustees al'e pleased lo present tlieir annual directors- report togetl)ei' wilh Ilie linancial statements ol. the chariiy lor ihc year ended 31 st March 2024, whiLh arc also prepared io meet the requiremen(s for o dir¢cLors' I'epori and Companies Act purposes. The financial slaiements comply wilh Ihe Charilies Act 201 i. the Companies Act 2006: the Memorandum and Arlicles of Associalion, and Accounliiig ai)d Repori by Chai'iiies: Sthtements of Recommended Praclice applicable to charities preparing iheii. accounts in accordance Miiih (he Financial Reporting Siandard applicable in th¢ UK and Republic of Ir¢lJnd (FRS 102) (effeciive l January 2015) - (Charity SORP {FRS 102) Revised). OUR PURPOSE AND ACTIVITIES The Woi'mNvood Scrubs Ponv C¢nire ileas established in 1989 by Sister Mary Juy Langdon and has continued io gl'ow ovei. 35 years inio Ihe out$iandin8 C¢nLI'e li is Loday. It provides I'iding., equine ihei'ap), and ¢lasses in horse ctsr¢ and stable managemcnl lo innei. ciry children, young people and adults. We aim to provide o unique oppoi'lunity to disadvantaged, disabled and hai'd-io-reach people: parlicularly children. It 15 Our eNpcrience that inleraction wilh horses develops confidence, raises self-esleem and enhances life-chances in people, a mojority ot. whom hav¢ disabililies. Wc also encourage ihem (o have lun in a sate and secur¢ environmenl. Tl7e Centre is uniqu¢ in 115 piovision in ihe local area. We liaise with local schools: community 8roups. volunMrv secior inlrasiruclure bodies, pueditsii'icittns and local supp011 agencies. W¢ are a group member of the Riding lor ihe Disabled Association, a Pony Club Bi'an¢h, an appi'ov¢d British Horse Society eslablishmeni and an honorary memb¢i' of the Association ol. Bi'ilish RidinE Schools. W¢ havc 8ioivn during the pasi 35 years Ironi olferins weekend riding only lo providing a full ¥veek of. I'iding.. equine therapy activities. stable managemeni und communiry involvemeni. Many of our youn8 p¢vple woi'k (owards a wide varieiy of cerlilicaies and achievemen( awai'ds. We employ 2 opprenlices supported via Keiis Iraining providers and we al'e keen to suppori young peoplc in LhL'ir learning llnd io assisi them in Iheir Lar¢ei's. A number ol. local schools bring individual children or 8roups ol. children lor ridin8 and equine therapy ai the Centre. The lollowing schools continue io bl'ing pupils 10 enjoy lime 41 ihe Centre.. Casilebar School, Chelsea Commvnity Hospiiul School. Edith Kay School. St Marylebone Bridge School, TCEF School and KAA. We a150 take ¢hildr¢n toi. work experience. We have robusi wlicies in place which are under consiani review and are fully implemented: in¢ludin8 th¢ folloivin8'. Pony Centre Handbook • Ti'LbSlee GoV¢ianCe Manugl Data Prol¢ciion Healih and Safety Fire Policy Equality 3nd Diversity Equal Opporlunity Child Proiection Safeguarding Equine Social media All member5 of staff aiiend a Sufe8uardin8 Children Course, have cui'rent First Aid qualifications and are DBS (Disclosure and Barring Seniice) checked. In addition, all volunieers have to produce a curren( DBS certiticale before they can ivork with us. Page 2
The Wormwood Scrubs Pony. Centre DIRECTORS, AND TRUSTEES? REPORT FOR THE YEAR ENDED 31st MARCH 2024 OUR VOLUNTEERS Our dedicated Lcam ol- volunLeers of all ages coniinue to provide invaluable 5upporL 10 the Pony Centre. In laci, wiLhouL Iliem: il ivould be imwssible to lun a Centre sucli as ours. Volun(eei'ii)g is ai the veiy heart ol- the Cenii'e 8nd its DNA. We have a Ti'uste¢ dedi¢aied 10 ihe champiot)inB of our volunteers. There is a Ivide rnnge of ttciivities covered by Ihe ieam which include= teaching riding supporling RDA riders and beginners IrJining hor5CS carin8 for Ihe horse5 • vard ivork • mainiaining buildings adminisirtsiive support lundi'aising maintainin8 our all0ent tsnd gardeni118 bookkeeping • btskin8 tsnd Nnnin8 our caf¢ on Salurdav morning IT support providing conieni for our social media channels We owe each one ol'our volunteers an immense debi of 8faiiiude for Iheir lireless supporl. STAFFING Our CEO - Sister Mary Joy Langdon BEM announced in Sepiember 2023 ihut she will leave her role as Chief Executive of Lhe WSPC al Lhe end 01. 2024 after 35 year.s. However. we are delighted ihai she will remain an inle8ral part of the ¢htsrity going lornvai'd. Plannin8 for Ihe exiernal I'ecruilment ol- a new Chiel. Executive began in earnest and. tstter a Lhorough ¢.Y¢¢rnol interview process, at the beginning of MaKh 2024, Tonya Ellis was offei'ed the post as (he new Chief Executive oi'ricer. With exitnsive experience in equine leadei'ship. Tonya Ellis brin85 a i¥ealih of knowledge and passinn io the WSPC. In the role of CEO: Tony& will lead the WSPC in its ongoing cnmmilment io Ihe pi'ovision of riding and equine therapy for childi'en, speciEtlisin8 in those iipiih special n¢ed5 and physical disabililie5. Tonva Elli5 sIgned as Trustee ot'the WSPC in July 2024). Sisier Maiy-Joy will continue as CEO loi. the r¢maind¢i' of. Ihis calendar year and Tonya Ellis will lake up the role of CEO trom I si Januaiv 2025. The Board ol. Trusiees will work wilh Sister Mary-joy and Tonya Ellis (O ensure 8 seamless iransilion period. We are currently working oui Ihe specitie5 01. a newly delincd role iviLhin WSPC for Mary-joy that SVPWrts her remarkable talent in teaching tsnd coaching. The WSPC. COO. Richard Watson, resigned on 7ih November 2023. We Successfully recruited Ailbhe Mccormack in ihe role of Lead Coach and Yard ManaBer and she took up the role at the beginning of April 2024. Ailbhe Mccomiack is an e¥lremely ivell-qualified equestrian and instructor having achieved BHS Siage 4 in a number ot. areas, The Board is conf ident thai Ailbhe Mccormack will play a pivotal role in enhancing th¢ qualiry of our ridin8 PI08rammes and contribuling io the M'ell-being and enjovmenl of our participants. The Pony Cenlre has a sLroiig team of paid 51afl'. The senior team members consider it importanl to (rain the younger membets and io support ihem as ihey develop. In thi5 way further qualifications can be achieved. enablin8 ihem lo pro8ress in Iheii. equestrian careers. The senior leaders lead by example. both are commilled io aciiv¢ leaming. P&ge 3
The Wormwood Scrubs Pony Centre DIRECTORS, AND TRUSTEES, REPORT FOR THE YEAR ENDED 31st MARCH 2024 Stable Yard Team 2023124 Rahma Lamara Groom First Aidei., Fire Mar51iul. Coach in Tiaining.- SEN & NeUiDdiv¢i1ty ti'aining Jacob Fashoni Grooni Firsi Alder, Fire Marshal, Coach in Training SEN & Neui'odiversitv Ii'aining S¢ih Carlwi'ighi Gloom Fiisi Aidei.: Fil'e Mai'slial, Coacli in Ti'ainin8 SLN & Neui'odiveisiry irainii?g Samantha Cyrus Groom: First Alder, Fire Marshal Gl'oom TraineeslApprehtices 2023124 Jamcs Cooper Senioi. Groom: RDA Coach in irainin8. First Alder: Fire Marshal Groom Iletl May 2023) Stojancho Bozhanovzki Senior Groom. RDA Cotsch in training. Firsi Alder, Fire Marshal Groom (left May 2023) Sabah Labcd Trainee Gloom ¢ompleLed August 2023 Chahging Lives Through Horses Programme CLTH Bella Russell-Heller Changiiig Lives Thiou8h Horses- ¢omplet¢d CL TH July 2023 Marcus Barrel CLTH Sludeni Leo Murphy CLTH student Riding Coaches Mary Joy Langdon BEM BHS APC Regisiered Coach; FRDA. ABRS Principal's Diploma; Pony Club Acci'ediied Coach; Re8isi¢I'ed RDA Adv3nced Coa¢h,. RDA Vaul(ing Coach. UK Tutoring in Sporls Couch Educalor Leiiel 3 Michelle Coles Genei'al Coach Helen Jones RDA Coach, CLTH coach Elio Marches RDA Coach Alison Moulding RDA Coach in Ii'oinin8 Veronica Newson RDA Green Coach Judy Skelly Generul coach, CL TH CoaLlI, RDA Coach iii TraiiiinB Paul Tumer RDA Coach Tracey Jack Mattheivs RDA Coach, CL TH Coach Philomena Brook CLTH Coach Emmo Boivring CLTH CouLh Frankie Wynne Alexander Technique Coach: specialisin8 in coaching sessions on mechdnical horse Suzonne Cognoli RDA Coach. CLTH Coach Sanya Langlord Mechanical horse Coach Courses and tralning offered during the y¢ar April 211Z3- March 2024 Ongoing BHS Chan8ing Lives Thi'ough Horses Irainin8 June 2023 RDA Mountin8 & Dismounting woi'kshop June 2023 RDA voluni¢er Basic training woi'kshop June 2023 Ni8hi sbleS training July 2023 SENINeurodiversiiy irainin8 lor st&lYlvolunieers ACHIEVEMENTS AND PERFORMANCE We continue to offer ridin8 1¢sson5 across all tsge groups from Kindergarten through Junior and onwards to Ihe older leenagei. groups. Each of the classes aims to develop the riding skills of the individual and enable (hem lo progres5 as they develop iheir riding knoiyledge. Pa8e 4
The Wormwood Scrubs Pony Centre DIRECTORS, AND TRUSTEES, REPORT FOR THE YEAR ENDED 31st MARCH 2024 Ba55ett House s¢hool The partiiership with BJsseii House school goes from Sireiigih to sirengih. Our I'elaiionship wilh the SLhool is iieiy sfirjng and K¥e suppoit ? classes per week where Ihe pupi15 enjoy I'iding le5soiis and pony leai'ning classes dui'irt8 ihtii. tinie ivith us. This communiN pariiiership is very importani 10 Ihe Centre and w¢ are plunnin8 for li to coniinue into the next financial yeai.. Brittsh Horse Socitty-ChanEing Lives Though Hor5e5" (CLTH) projett We have severul CLTH Irtsiners, Tho young people aiiendin8 CLTH have received various cerlilicaies for Iheir pei'sonal developmeni. Foul. ol. the Siudenls wei'e inviied io speak lo HRH The Pi'incess Royal at the special eveni in Febwary 2024 (see beloivl. Curren(Iv we have 4 youn8 people aiiendiiig on a regular basis. Kids on the Gretn projeet The childi'en Irom thc Kids on the Cri'een projeci coniinue lo aiiend the pony eenire. Several ol. Ihe youn8 people have significant personal diificLiliics and have experien¢ed Lrauma, but coming to the Pony Cenire lor riding or pony learnin8 is helpin8 Ihem 10 become more ¢onlidenl. Events Thiou8houi the year we had a sei'ies of evenis: March 2023 Ridin8 display at Ih¢ Ponv Centre Mai'¢h 2023 CLTH Equine Art compeliiion April 2023 Open Gai'den iii aid or wspc May 2023 Coionaiion Breaktasl wilh Ihe Ponies- Mai'tin Clunes pi'esented Coronaiion medals May 2023 Visil io Windsor Hoi'se Show July 2023 Non residential Camp July 2023 Talk on feeding hor5¢5. condiiion of hors¢s, wei811(s ol'horses. July 2023 Woi'mwood Scrubs Dog Show July 202J Teani froni RDA Naiional offi had meeting at WSPC + a tour of the cenire September 2023 '"Looking lo ihe Future display Oci 2023 2-day Equine AITi#ity November 2023 Ti'adeweb & WSPC event Deccmbcr 2023 WPSC Chi'isimds Market March 2024 Alan Hiscox, DirecLor ol. Safety for th¢ British Horse Societv and former Chief EquiLalion Officer in the Metropolitan Mounted Police gave a preseniaiion aljout the Metropttlitan Mounted Police. On 8ih F¢bTuary 2024. we Slarted the celebrations foi. the Wornlwood Scrubs Pony Centre's 35ih Annivetsary in great slyl¢ with a special Visii from HRH Thc Princess Royal, supported bv (he British Horse Society. HRH The Princess Royal spent 2 hours at Ihe pony centre engaging With our young ridcrs, oui. valued volunteers. (he stable yai'd ieam: staff aiid Irustees. We Miere deli8hted to be jointd by our pulron, Manin Clunes, M&sier Loriner Dr Geor8e Anderson. Chair of RDA Ms Helena Vega-Lozano and many oiher special inviied guesis. HRFI The Prince55 Royal enjoved a shon ridino displuy, meeLS CLTH young people includirt8 Chelsea Hospital & Bassett House and uniieiled a special anniversary plaque and a special anniversaiy cake. Spetlal Awards June 2023 Rosalind J(Trnes presenied with the President's Award tor 30 ytrars of service ai the WSPC by HRH Princess Royal Ocl 2023 Seih Cartwright presented with Ihe BHS Award5 Unsung Hero Award lor his dedication lo th¢ horses ai the WSPC Page 5
The Wormwood Scrubs Pony Centre DIRECTORS, AND TRUSTEESI REPORT FOR THE YEAR ENDED 31st MARCH 2024 202&2O24 Corpor*tt Volunleer Groyps Over ihe couise ol- the linancial period, WSPC hJve ivelcomed several corrK)raLe volunLecr gioups who have speiit one or more days volunteering al tlie C¢nli'e. We al'e very 8raieful Lo the lollowing 01'8anisaiions who have supporicd us.. JM Finn Gallagher Savanta . KPMG Wahkwon8 WP Carty Piper Sandlcr Neighbourly Kisuco Reseai'ch Foi'siers Bi'it Insuranc¢ Epsilon JP Morgan Wells Fargo, Through Woi'ks4U lands On 2023 Royal Veterinary College (RVCI Studenfs We lvclcomed 9 RVC students ai thc pony L'enii'e tor 2 week work placements in support ol. their animal husbandry studies. They enjoy spending lime al Lhe cenire as thev have the opportunity lo ger involved in Icai'ning as much 45 POSsibl¢ about the day-io-day issue5 dcal wilh whilst they &i'e willi us. In addiiion. we had a rep¢al ivork experience lor 2 equine physioLherapy s(udents who hove benefitled gretstly froni spendin8 tim¢ at Ilie centre. Publ1¢ ben¢fl¢ st4lem¢nt In shaping our objective5 lor the year and planning oui. Aciiviiies, Ihe Iru51ee5 have considei'ed the Chariry Conimission'5 8uid)nce on public benefil. including (he guidance public benefil.. running a churilv (PD2). The 8chi¢vem¢n(s and dctiirili¢5 above demonsLrnie the public ben¢lii ai'isin8 thrnu8h the Charity's Mcliviiies. Page 6
The Wormwood Scrubs Pony Centre DIRECTORS. AND TRUSTEES, REPORT FOR THE YEAR ENDED 31st MARCH 2024 Trustees Ms Janice Gai'dner Ms Tracey Spensley M5 Addv Windsor-clive Ms Emily Thonias Mr Graeme Drummond Ms Pairicia While (resigned 31 March 2024) Ms Mii'eille Siai'ras (resigned 15 Noveniber 20231 Ms Tonya Ellis Iresi8ncd 31 Mai'ch 20241 Ms Nichola Blackley lapF)oinled 31 March 20241 Ms Serene Mui'phy lappoinled 31 Mai'ch 2024) Ms Helen Holm¢5 Ms Selnia H&ssabu Publ1¢ benellt st¥tement In shaping our objcLiives lor Ihe year ond planning our aciivilies, the IrusLtes have considered lh¢ Charity Coiiimission's guidance on public benelit, including the guid8nLe public benelit.. running a cliuriry IPD2). Tht a¢hievemenis and acliviiies tslxjve demonsii'aie Lhe public be11efii ari5bns Lhrou8h the Charity's aclivilies. Page 7
The Wormwood Scrubs Pony Centre DIRECTORS, AIYD TRUSTEES, REPORT FOR THE YEAR ENDED 31st MARCH 2024 FINANCIAL REVIEW The Statenient of Financial Ac(jiijiies shom-.ed a nei loss or£?5,325 (?O?i'. sui'plus of£77:0671 for (he year and reserves sland at £278.12i12023.' £303,450). Principal lunding sources coniinue lo be donations and grants received Irom private or eorporaie donors and rrom slatuloiy bodies as well us incon?c fiom our riding and equine Ihci'apy activilies. We ol'e pai'(ILularly graleful lo ihe iiidividuals, groups and trusts ivho hthve supported Ihe work ol-lhe Pony Cenlre. We ihank.. Basseli House School, The Blackwood Trust, John Boden. H Cartwi'ighi. Charities Aid Foundaiion, Mai'tin Clunes. Equinc Al'fiiiily. Tlie Goldcn Boiil¢ Tnjsi, Tli¢ Denis Gould Foundaiion. J Humphrey, C Hoar¢ & Co, The Infani Jesus Sisters (Nicolas Bari'e).. The Infant Jesus Sisi¢rs IQMFI, M Linds4roni. The l.orincrs' Charitable Trusl, Claire M&xivell-Hudson, CP Meynell, William Reddawav, Slienoah 'rayloi', Ti'adew'eb Europe and P White. Succ¢sslul granl applicaiions mad¢.' April 2023 - March 2024.. anonymous 8ran(or, The Inlani Jesus Sisters (Nicolas Bai'rc), The Jack Pelchey Foundation and Siewardship. Investment powers and poll¢y The Dii'ect¢)rs consider li pi'udenl 10 maintain an adequate balance of unresiricied I'unds to covei. the Charily's onLI'aciual coinmi(ments and ideally aim have 6 mon(lis running cosis, excludin8 donaLed serviccs, in resei've. Curi'ently ihe chariLy ha5 over 12 monihs running costs in free reserve5. The Direclors con5id¢r lha( Ihe Charilv'5 re5¢rve5 will enhance ihe seivices piDvided and provide financitsl securiiy for the fuiure. The reserves held in unresiricLed fund8, 1hICh have noi been designated or invested in li¥¢d assels, ai the 3151 March 2024 werc £278,123 (2023-. £303,450). Invt5tmtnt5 The Wormwood Scrubs Pony Ccntre does not hold any invesimenLS. All reserve$ dre therefore held in cash in bank )ccounts and readily available. Charil*ble and politlc¥l don4tlons During th¢ year the charity mad¢ no political or chariiable donations. PaBe 8
The Wormwood Scrubs Pony Centre DIRECTORS, AND TRUSTEES, REPORT FOR THE YEAR ENDED 31st MARCH 2024 FUTURE PLANS AND DEVELOPMENTS Buildings maintenan¢e and repair: As all Ihe buildings ai Ihe Pony Centre are maiiily of M'ood construcLion there is alwavs (he need for ongoing repairs. The block of. 3 siables will require a ncw root. in Ihe coming 12 monihs. The main siable yai'd Mijll requii'e some replacement kick boards. skylighc roof panels, & nem, 8Utlering. The indoor riding ai'ena is doing well lor lis age of neai'ly 30 yeai's al(hough il will need budgei allocaied fov maintenan¢¢ work. The I'oof has had woi'ked carried out on it but ivhilst appears in fairly good condilion ai some siage u new roof may need io be considered. Ridlng plans: We hope io eonlinue Lo irtcrease Ihe number of local special needs schools attending the pony centr¢. Our tsim is to have Iwo schools per d4y alt¢ndin8 WSPC. We also plan to open up more we¢kday5 to CL TH sludents. The C.enlre will look lo develop ILS 8¢neral ridin8 oftering to enhaiice revenue and Ihus 5UPPOrt ils charitable sttsws. Staff training development: Wc plan 10 give opporiunilies lo stufl. & s¢lecled volunle¢rs to ruis¢ their level of cqu¢s11'ian knowledge in Ihe care & management of horses. especially of those in a riding school 51tuation. It is also hoped that all S[r ivill 8ain a professional qualilicaiion in horse care and in coaching. P4rtner5hlps: We al'e committed co building a strong pipeline of future corporaie partnerships to build a new SEream of inconie loi. Ihc pony eentre. We will also continue lo work on ihe developmeni ol. Ihe CL TH and Kids on the Green programnies. STRUCTURE, GOVERNANCE AND MANAGEMENT Govcmin8 document The Wormivood Scrubs Pony Cen(re is re8isiei.ed under Ihe Companits Act 1985 as a conipany limited by guarantee and noi having a capiial divided by share5 The tompany ivas incorporated on 6 November 1992 and became a registered charity on 16 March 1995. li was con51itutLd as a limited compony under the Memorandum ond Ariicles of A550cialion. The chariry regi.qti'ation numb¢r is 1045045 and the Company gIstra110n number is 2762589. Page 9
The Wormwood Scrubs Pony Centre DIRECTORS, AND TRUSTEES, REPORT FOR THE YEAR ENDED 31st MARCH 2024 RecrulirneDI and Mppolntment of trustees We have a Strong Board ot 9 individuals all iviili signilican( prolessional expeririice in boih the corpordtc and Ihird seciors. As sel out in the Articles ot Association, Ihe chair of (he Direc(orsrrrustees is nominated by The Wormwood Scrnbs Poiiy Centre. The Directors ol. the or8anisaLion are also the charity Iru51ees lor the purposes of chariry law. The Board of Dir¢ilors has (he power to appoini addiiional Trusiees us it cnnsiders fil do io so. Directors/Trusiees are elected to Serve for ts period of thi'ee years after which they ¥vill be eli8ible lor re-eleciion for a maximum of9 years. The Directorsrrrustees in offiLe in Ihe yeai. are Sel ou¢ below. The Trustees have no benelicial inier¢st in (he Lompany otlier ihan as members. The Trustees are also (lie dircctors ol. Ihe cortipany. All ol- rhe Trustees al'e members of Ihe company and guarantee to contribute £ l in the ¢vent ol. winding up. The Boai'd has ihe powei. to appoinl addiiionml Direcior.s. Induction and ¢rxiniDg of trustees The Trusiees maIn1n a good working knowledge of Lliarily and company law aiid best pracLice by regular reading ol- chari(y pr¢ss ai'ticl¢s and scruiiny ctl. Componies House: Chariiy Commission, oihci. Govtmmeni and voluntarv oi'ganisation advisory websii¢s. New Trustees are given copic.s of the McmoTandum and Ariicles of Associalion, a copy ol. the Trustec Govcrnanee handbook and Ihe Trustee code ol. conducl. Fui1her, an induciion session is given by an expei'ienced Trustee. Orggni5ation The Cenire is run by the Board ot. Dii'ectors. Ivho Meet ai le&si tour limes bui in reality, more regularly than that and ii,ho are availjble ai all linies lo oflei. 8uidance and sUPPOrt to the stafl. ot WSPC. li tslso has conncctions with a timi ol'solicitors and a tirm ol. accounlants when necessary. Related parties The chari(y works c105ely wilh other Similar organisaiions as deiailcd in Oui. Purpose and Activilies Section of the Trustees Report above. Non¢ of the ¢harity'5 ttvslees al'e directors or Irust¢e5 of these other or8anisaiions. Pay poli¢y for senior staff The pay and remunei'atioii of the charity's key management personnel is reviewed annually by Ihe T51¢¢5 takin8 inio accouni the individual'5 perlormance and Ihc chariry'5 linancial posilion. Page 10
The Wormwood Scrubs Pony Centre DIRECTORS, AND TRUSTEES, REPORT FOR THE YEAR ENDED 31st MARCH 2024 Risk M%n8g¢men¢ The trustees have a ri.sk n)anagement strate8y which comprises= An annual rcvieiij ot'ille risks ihe chariry may tace. The esiablishmeni of sys(em5 and procedures to milig8te those risks identi tied in the plan- Implementhiion of proLedui'es designed (o mininiise any potenlial impaci on the charity should thos¥ I'isK"s materialise. The Trustees are Lurrenily ivorking on a risk regist¢r. Sm411 compAnles provlslon st*tement This r¢porl has been piepared in ac¢ordan¢e iviih the small at]&%EEsiF under ihe Companies Aci 2006. 19/12/2024 IW12M24 •13'.30.'$1 PII UT¢ The annuol report ivus approved by the ISteeS of the chari(v on and signed on its b¢hall' by- SIGNEO SECURELY IWl3llQ24 •t 3.'JO',S1 PM UTC Ms TraLey Spensley Seci'eiaiy Page 11
The Wormwood Scrubs Pony Centre Siatement of Truslees, Responsibilities The iruslees (who are also Ihe dii'eclors ot. The Wormwvod Scrubs Pony Centre for the purposes of company la¥v} are responsible for pr¢parin8 the trusiees, repori and the financial statemenis in accordance wilh applicable law and Uniied Kingdom Accouniing SLandards IUni(cd Kingdom Genei'ally Accepied Accouniing Practice). Company law I'equires th¢ tl'usiees lo prepai'e financial SleMentS for each financial y¢ar. Under ihBt law ihe Ti'uslees hai,'e elected LO Pt'ep&re tlie financial statements in aCLordanee iviili Uniied Kingdom Generally Accepied Accounling Practice (UniLed Kingdom A¢coun(ing Siandards and applicable law)- Undei. company laiiT tlie iiustees must not approiie the finantial stsiements unle&s ihey are soii.sfied tliai Lhey Sive a true and fair view ol. Ihe siaie ol. affaii's of ihe company and of lis incomo and ¢kp¢ndiiure tor thai period. In preparing thes¢ financial stsiements, Lhe irusiees are required io.. seleLi Suitable accounlii)8 policies and Lhen apply Lhem eonsisienily; obseive th¥ meihods and principles in ihc Charities SORP: make judgements and estimates ihai are I'ea50nable and prudent; state whether applicable UK Aceounting S(andards have been folloived. subjecl to any maierial departures disclosed aiid explained in the financial statenienis,. ttnd prepare rhe lirtuiicial 5itsiemenLS ori the going concern basis unless it i.s inappropriale EO presume Lhai the haritable company ivill continue in business. Thc Irusiees are responsible for kttping adequale accounting records that disclose wilh reasonable accuracy al any time Il)e fii)ancial p0511ion ol. Ihc chariiable Lonipany and enable them io cnsure that ihr linancial sia(¢men(s Comply ivith Lhe Companies Aci 2006. They are also responsible for sufeguurding ihe &8sels of the charitable onipany and hence lor takin8 re&sonable s(eps lor the preveniion and d¢Leclion ol. fraud and oilicr irregularilies. The liSlee5 are re5p)nsible lor niain(¢nan¢¢ and ini¢8rity ol'ihe ioi'porale and tinancial inloimialioll included on the charitable company's websiie. Legislaiion in Ihe United Kingdom governing the prepai'aiion and di.sseinination of linliicial staicinertis niay ditler Irom legis181ion in oiher juri.sdiclions. This repori has been preplli'ed in acLOI'dance with ihe speLioI provisions I'elaLin8 to small companies Miithin Pari 15 ot Ihe Companies Aci 2006. II¢Y4ED $e¢uRtLY 19/12/2024 1•11212024AI J..M".60 PM UTC Approved by Ihe Irustees ol. Ihe charity on and signed on its behaifby.. SIGNÉO SECUReLY 1911¥2024 •t 3'.30'.S• PII UT Ms Trtscey Spensley Seci'elaiy Page 12
The Wormwood Scrubs Pony Centre Ind¢pendent Examiner's Report to the trustees of The Wormwood Scrubs Pony Centre report lo (he charity Irus(ees on my eNaminaiion of (he accounts ol- the rharity for the year ended 31 March ?024 which al'e sei out on pages 15 to 27. Respeetiv¢ responsibilitits of tvustets and exambner As ihe chariiv's tl'USL¢es ot Th¢ Worniwood SLrubs Pony Cenii'e land also lis direcloi's lor tlie purposes of company laMIl you are responsible loi. (he prepai'ulion of the accounis in accordance with ihe requirements of the Companies Aet 2006 {'Ihe 2006 Acl'l. Havin8 Sacksfied mysell. Ihal the a¢counis of The Wormwood Sci'ubs Pony Centre are not required be audited under Part 16 of the 2006 Aci and are eligible for independent examinalion. I report in respeci ol. my e.¥amiiiaiion ol. your charity's accounis as ¥arried out undei. secLion 14) of (he Charilies Aci 2011 {: the ?0 I I Act l. In carrying oul my examinaiion I have lollowed the Directions given by the Charity Commission under section 14i(511b) ol. Ihe ?0 I l Act. Independent exofflin¢r'$ 5ta¢¢ment SinLL Tlic Wormivood S¢rubs Pony Cenii'e's gross inconie ¢xceeded £250,000 youi. examinei. must be a nieniber ol- a body listed in section 14) of the 2011 Act. I confimi thai l am qualified io underiake the eyaminalion bccJu5e l am a niember ot InsliLule ol- Cliar(ered A¥¢ountanL% in England & Wales, which is one of Ihe listed bodies. have compleied my ¢Naminulion. I confirni Ihat no m)Iters have Come io my otteniion in connection with Ihe examiiiaiion givin¥ me cause to believe: accoun(ing records were not kepi in respect of The Woi'mwood Scrubs Pony Cenire as required'by section 386 of Lhe 2006 ACL,. OI. 2. the accounts do noi accord ivith Ihose records. or the accoun(s do not comply wilh Ihe accouniing requirements ol. seLLion J96 01. Ihe 2006 Act other ihan any requirement that Ihe tsccounls 8tve a tru¢ and fair view, ivhich is not a matler considered as par( of an independenl examination. oi. 4. the accoun15 have noi be¢n pr¢pai'ed in ac¢ordan¢e with the me(hods and principles ot. Ihe S13temenl ot Recommended Practice for a¢couniin8 and reporting bv eharilies [applicable 10 chariiies preparin8 their accounts in accoi'dance with the Finuncial Rcporting Stand&i'd applicable in the UK and Republic of Ireland IFRS 1021}. I have no concerns and have come across no oiher niatlers Iii connection ivith Ihe eNaminaiion lo which aiiention should be drawn in this I'eporl in order lo ¢nable a proper underslandin8 of ihe accounis to be reached. Page 13
The Wormwood Scrubs Pony Centre Independent Examiner's Report to the trustees of The Wormwood Scrubs Pony Centre SIGIIEO SECURELY 08101f202$4t 11'54.'42 Atl IJTC Mr AlisEdir lan Wem Bsc FCA Wem & Co Chai'tered Accounlants Savoy House Savov Circus London W3 7DA SIONED secuRELY 08/01/2025 Dale.. QWQ112025 •¢ f I,'51..42AM UTC Page 14
The Wormwood Scrubs Pony Centre Statement of Financial ActRVlties for the Year Ended 31 March 2024 (Including Income And Expenditure Account and Stalement of Total Recognised Gains and Losses) Unrestritted fund5 Reslritted funds To¢#1 2024 Note Income and Endowments from.. Donaiions and legaci¢s Chai'itable acliviiics Other Irading tsctivilies Inveslment income 134,629 156,867 9,589 2,580 134.629 l i9,667 9.589 2,580 2.800 Total income 303,665 2,800 306,465 Expendlture on: Raising funds Chai'iiable acliviiies {8.9401 320.041 18,9401 1322 841 12,800 To(al expenditure (3?8,981) {2,800) {3)1,781} Nei expendiiure 125,316) 125,316} Nel movement in lunds 12i,316) 125,3161 Recon¢ili4lion of funds Toial funds brought foiwird 303.450 303 4iO Total funds carried lorwdrd 17 278.134 ?78,134 Unrestricted (und5 Re5tri¢ted funds Total 2023 Not¢ Income and Endowment$ from: Donlltions and legacies Chai'itable actlvllies Oiher iradin8 activities Investment income 127,048 194,800 6.oli 74) 1,800 128,848 194,800 6,015 745 Total income 328,608 1,800 330,408 Expenditure on: Raising funds Charitabl¢ a¢¢ivilie5 ( l O.OJ4) {239.5191 (10,034) 1243.307) 13.788) Total expenditure Nei incomel(expenditure) 1249:Si3) (3,788 1253,341 79.055 {1,988) 77.067 Net movement in funds 79,05) {1,988) 77.067 The noles oli pages l 8 10 27 form an iniegral pait of ihese financial statemen(S. Page 15
The Wormwood Serubs Pony Centre Statement of Financial Activities for the Year Ended 31 March 2024 (Tncluding Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestricted funds Restrieted funds Total 2023 Reconciliation of funds Total tunds brou8ht foiwai'd 224,39) 1.988 226,383 Toial funds carried loNard 303 450 303,4iO All ot'the chai'ity's aLiivilies derive Irom ¢oniinuin8 operations during ihe above two periods. The tund5 breakdown 101. 2023 is shown in noie 17. The notes on pages 18 to 27 foi'm an integral pait of ihese financial sl)temenLS. Page 16
The Wormwood Scrubs Pony Centre (Registration number: 02762589) Balance Sheet as al 31 March 2024 2024 2023 Fixod gss¢ts Tangible assets 10 41,366 50.714 Curren¢ assels Debiors Cash at bank and in hand 5.308 24765) 21,599 2i9 322 12 252.963 280.921 CreditQTS: Amount5 Calllng due wlthln one year 13 (16,1951 115 1851 Ne¢ current assets 236,768 ?65,736 Tolal asset$ less current IIAbilltles 278,134 316.450 Credliors: Amounts filllng due after more th8n one yeor 14 (13,000) Net Assets 278,134 303 4iO Funds of the eharlty". Unre51ricted income funds Unresiricled I'unds 278,134 303,450 303,4iO Total funds 278.134 For Ihe financial year ending 31 March 2024 the chariiy was enLitled to exemplion from audit under seclion 477 ol. the CompÈi?ie5 Aci 2006 relating io small companies. Directors, responsibilities.. The membcrs have noi required ihe cl?arily lo obtain an audit of its accounts for Lhe yeai. in qyeslion in accordance with section 476. and The direclors acknoivledge their responsibililies for eomplying with (he requirements ol. the Aei ¥vith respect lo aLcounLin8 records and (h¢ pi'eparalion of accounts. These accounts have been prepared in accordance wilh the provisions applicable to companie5 5ubj¢cl lo th¢ small companies re8inie. 3IGIIEO SECUAELY 19/12/2QAnancial Statements on pages 15 10 27 were approved by the twstee5, and auihoyised lor issue on lW1112Tr2411I.4,.I9.f.V.VT.cand signed on their behulf by: SIGNED SECUREL Y IY?212024•12'.11."20 PM UTC Mr Graeme Drummond Trustee The notes on pa8es l 8 to 27 form an inle8ral part of these financial 5taiements. Page 17
The Wormwood Scrubs Pony Centre Iyotes to the Financial Statements for the Year Ended 31 March 2024 I Chgrity status The chariry is limited by guarantee: incorporaied in Engalnd and Wales, and consequenily does no( have share api(ol. Ealh of (he iruslee5 is liable to contribuie an ainoun( noi e.¥ceedin8 £Nil to%vards Ihe assets of (he chariry in ihe event of liquidation. The addi'¢ss of its I'cgistered office is- Savoy House Savoy House Savoy Circus London W3 7DA Ihori r issu ale 2 Accountln% poll¢les ofsignlllc4nt 4¢¢ounting pollcles aind key A¢COUhiing estlmates The principal accounlin8 policies are summai'ised beloiv. The accounling policies have been applied consislenily lhrou8hou( the yeai. and in the pr¢ccdin8 y¢ar, StAtement of ¢ompli¥nce The linancial ststemenis have been prepttred iii accordanLe iviLh Accoun(ing and Reportin8 by Charilics.. Si&iem¢ni of Recommended Pi'ac(i¢e applicable io charities preparing iheir accounts in accoi'dance iirith ihe Financial Reporlin8 S(andard applicable in ihe UK and Republic ol. Ii'eland (FRS 102) (elleclive l .lanuary 20151- Ichui'iiies SORP (FRS 10211.. the Financial Reporting S(andard applicabl¢ in ihe UK and R¢publi¢' of Ireland IFRS 1021. They also Loniply iviih the Companies AL(2006 and Cliariiies Acl 2011. Basis of prepar#tlon The Wormwood Scrubs Pony Centre meets ihe definilion of a public benefit entiiy under FRS 102. Assets and liabiliries are initially r¢cognised at historical cosi or Iransaclion vtslue unless otherwise sloled in Ihe rclevunl accounting policy noies. Preparation of xtcounts on a going Concern basis Having regurd 10 Ihe level of reseiiies and th¢ ongoing level ol. expendi(ure again51 unreslricted funds in conjunction wilh ihe development of the organisalion's aclivity in the coming year. the trustees are satisfied thal the occounts should be prepared on o going concei'n basis. Page 18
The Wormwood Scrubs Pony Centre Notes to the Financial Statements for the Year Ended 31 March 2024 Incomlng Income is recognised when ihe Chariry h&% eniitlemenl 10 the lunds: any performance conditions atiached to Ihe ilem{sl ol. income have been mel, i( is probablc Ihal the income will be received and amouni can be measurcd reliably. a) Ineome received by way ol- gran(s, donations and legacies are included in full in (he Sth(emenL Ot Finoncial Activiiies when received, unless Ihey relate lo a speci tied fuLure period, in ivhich case they al'e delerred. bl Legacics eniitlement is iaken as Ehe earl ier ol. the dale on ,hICh eitl)er'. the cliarity is alvarc thai ilie probaie has been granied, Ihc esiute has been linalised and nolilication hus been made by ihe e%e¢uiorls) to Lhe Chai'ity Iliai Ihe disiribution is made: or ivhen a distribuiion is received Irom the esthle. No legacies were receiv¢d durin8 the yedi.. Ll Income trom charitable aciivilies received by way ot revenue granls and donaiions are credited lo restricted incorning resourci's on the eurlici. dole of ivhen thei, are receiited or ivhen Ihey 81.¢ r¢c¢ivoble. unless Lhey relaie to a specilied tuture period, in which casc Ihey are dclerrcd. dl Grants and donations of general nuture Nvhich are not condilional on delivering cenain levels ol- scrvice are included as pari of Granis: Donation% and Lega¢i¢s a5 shoivn under note 2. Pertormance related grants and donations which have conditions for u specific out¢om¢ air includc as IncornL' Irom Charitsbl¢ Aclivilies 98 shown in Noie 3. el Capital grunis lor the purchase i)r Iixed assets are credited to restriLled iricoming resources on the eai'lit'r dute ol. wl)en iliey are receiiied or receivable. Deprecalion on the I'elated fixcd assets i.s charged 98ainsÈ ihe restricicd fund. l) Inveslmeni incoiiie is included when receivable. gl lrt¢om¢ fi'om chariiable aL'Livilies includ¢ income recognised as earned (as the relalLd goods and s¢rvic¢s ai pi'ovided) undei. con11'aci. Volunteer5 and dongled service5 and fgrilities Dona(ed professional sei'vices and donated facililies are recognised a5 income when the charilv has eonirol over (lie ileiii, any cundilions associated iiiitli ihe donaied ilem have been mel. the receipt ol- econoniic benelit Irom the use by the chariry ol'ihe item is pmbable and thai economic benefit Lan bc measured reliably. On receipt, donated professional services and donaied facilities are recognised on the basis of the value ol- the 8ift 10 Ihe charity whicli is (he amount the charity would have been willin8 to pay lo obtain services or lacililies ol-equivalenL economic benefit on ihe open markei. a corresponding amount is then recognised in expenditure in the period ol. rceeipt. No sucli dohations ivere rcceived during (h¢ year. Expendilure Expenditure is recoBni5ed on an gcerual basis as a liability is incuii'ed. E¥p¢ndirure is cl8551tied under the rollowing activity headin85'. a) Cost of raisin8 fvnds comprises the c051 of seeking donaiions and lega¢i¢s and lh¢ Costs of trading for tundraising purposes. b) Expendiiure on charitsble a¢tiviti¢s include5 ihe costs dii'¢etly &ssocittted to providing horse ridin8 faciliti¢S lo lurther Ihe pvrposes of ihe Chariry and their associated supporL costs. Irr¢covei'able VA T is charged as a cosi againsi the activity for which the expenditure ¥vas ineurred. Page 19
The Wormwood Scrubs Pony Centre Noles lo the Financial Statements for the Year Ended 31 March 2024 Alloc4tion of 5UPPOrt costs Supwrl cosis are ihose functions ihal assis( lh¢ work of Lhe chariiy but do no( directly undertake ¢hariluble aLliviLies. Support costs include back ollice costs: tinance, personnel, payroll and governance costs ivhich supp()ri ihe charity's PlDEI'ammes and aclivilies. These cosis have been allocaied betlveen cosl Ot raisiiig funds and expenditure on ehai'itable aciivilies. Funds ac¢oun¢ing Unreslricied funds are aizailable for use tsi Ihe disLI'etion of Il)e Trustees in funheronee of the genernl objectives ol. the Chai'ily. Resiricied funds are thos¢ funds which can only be used in accoi.dance with ihe wishes of the donor whicl) have been raised for a pariicular purpose. Operating leases The charity classilies ihe lease ol. property as an opei'aring lease. The I'entals are churged to the Sioiemenl of Financial Activi(ies on a 51raighi-line basis over the lease duraiion. CSh flow statement Tlie chariry opied io early adopi Bulletin I publish¢d on 2 Febiwary 2016 and have iherelore not iiicluded a cash flow sialemeiii in Ihese tinancial siaLemenlS. Taxation Tli¢ Charity is a regisi¢i'ed cli8rity and, Ihercfore, is noi liable lor Income TaN or Coiporalion Ta¥ on incoine derived from i¢5 Charilable dcliviti¢s, il falls ivithin ihe various exemplions available lo regisiercd chari(ies. Pensions The company opei'thies a defined contribution pension Scheme on behaifof its statf. The assets of (he Scheme are held separaiely Iroin rhose of th¢ company in an independenily ddminisiered fund. Conlribuiions 10 the scheme are charged io income and expenditure accounl in ihe year in which they are payable. Deprecl*¢lon and amorilsailon Tangible fixed asseis ave sialed ai cosi less deprecialion. Depi'eciation is provided ai rates calculated to WTite off Ihe ¢osl or valualion ol- fiN¢d assets: less their estimu(ed residual value, ov¢r Iheir ¢xpecled useful lives on the tolloi¥in8 basis.. Assel Class Shorl leashold buildin8 Stable5,etc Livestock Fillures. fittings & equipment Depreeiltion m¢thod and rate Over length of leas¢ 20V• reduciiig balance Noi depreciated 20•/ on cost Debtors Trade and oiher debiors al'e reco8nised al ih¢ setilemeni amount due after arty trade discount oftered. Prepayments are valued ai the amount prepaid net of any trade discounts due. Cash at bank and In hAnd Cash a( bank and in hand includ¢s cash and shor't lemi cash deposils. Page 20
Tbe Wormwood Scrubs Pony Centre Notes to the Financial Siatements for the Year Ended 31 Mareh 2024 Creditors and provision$ Ci'edi¢OI'S and provisions ar¢ I'ecognised where the charitv has a preseni obligation resuliing Irom a pasi evenl Ihai ilill probably I'esult in ihe Iranster ol. tunds to a third pai'(y and the amount due io settle Ihe obligatioi) can be me&%ui'ed oi. ¢siima(ed reliably. Ci'ediiors and provisions are normally recognis¢d ai their seiil¢menl amoun[ after allo¥ving foi. any Irade discoun(s due. Fln#nelal Instruments The charity only hos finoncTral ussels and financial liabiliiies of a kind ihllt qualify as b951¢ financial ins1men1S. Basic tinancial irtsli'uments are initially I'ecognised at trnnsaclion value and subsequenilsp me&sured at tlicii. s¥ttlemL'nl value iviih Ihe eYc¢piion of bank loans ivhich are 5ubstquenily measured a[ amonised ¢0sl u5ins the elteclive inl¢res1 meihod. Judgement and key sources of estimgtioth untertalnty In Ili¢ appliLalion of thc Lompany's accouiiiin8 poIiciv5, th¢ charity is required Lo mak-e judgmenis, estimates and assumptions about ihe carrying amount ol. asseis and liabiliiies Ihai are nol readilv 4ppar¢nl Irom othtr sources. Tlie estimates and associaied assumpiions Al'e bosed on historical exprrience and other laclors Ihal al'e onsidered lo be releiianL. Acldal results may diller from these eslimales. The eslimalcs and undei'lin8 assumptions are reviewed on an on80in8 basis. Revisions (o accnuniing esLimaies al'e I'eLognised in (he period iii ivhicli (he estimate is revised where ilie reiii5ion ail¢cts only thal period, or in Ilie period ol-the revision and fuiure periods where the revision aflects boih curr¢nL and luture periods. 3 Income from donatlon5 ind Itgaclts Unrestricted funds General Restricted fMnd$ Totil funds Donations and legacies. Gift nid reclaimed Regular Biving and capital donations Total for 2024 1,389 133.240 1.389 133,240 134.629 134,629 Totgl for 2023 127.048 1.800 128.848 4 In¢ome from chari¢4ble 4c¢lvities Unrestricted funds General Restricted ftsnds Total funds 156,867 156,867 Sales Mijihin charituble aciivilies 2,800 Total for 2024 156,867 2,800 li9,667 Total for 2023 194.800 194,800 Page21
The Wormwood Scrubs Pony Centre Notes to the Financial Statements for the Year Ended 31 March 2024 5 Income from other trading oetivilies Unrestricted funds Gener41 Totgl funds Events incoime. Other events income 9.589 Total for 2024 9,589 9.589 Tolal for 2023 6.oli 6.015 6 Investment income Unrestrieted funds Cener41 Total funds Inleresl r¥ceivable and similar income. Interest I'eceivable on bonk dep051ts 2,580 2,580 Total for 2024 2,580 2.580 TotAI for 2023 745 745 7 Expendilyre on ch4rltHble a¢livltle5 Unrestrlcted fund5 Gener*1 Restricted funds Total funds Note Non-st&ft cosLs Stal'l. costs 188,319 131.722 2,800 131,722 TotAI Cor 2024 322,841 Total for 2023 239.519 3.788 243,307 Pa8e 22
The Wormwood Scrubs Pony Centre Notes to the Financial Statements for the Year Ended 31 March 2024 8 Stgff costs The ag8rcgate payroll COSLS were as lollows:. 2024 2023 Staff costs during the year were: Wages and salaries Social seLurily cosis Pension costs 129,i04 i80 1.638 131,8)7 i89 1.663 131,722 134,109 No emplovee receiiied emolun)en(s of more than £60,000 durin8 the year. Pa8e 23
The Wormwood Scrubs Pony Centre Notes to Ihe Financial Statemenls for the Year Ended 31 March 2024 9 Taxatio Being a I'egistered cliarily: The Wormwood Scrubs Pony Cenii'e is e.Kempi Irom la.x on income and gains falling within SecLion ioi Tales Aci 1988 or Seccion 256 of ihe Ta¥alion of Cliargcable Gains Aci 1992 (o the e.Yieni Lhal ihese art applied io lis charii#ble objects. No ta% chai'ges have arisen in ihe vear. l O Tangible fixed &s5tt$ Short leasehold buildlng Flxtures, fittings & equipment StAbles, et¢. Livestock Total Cost At l Api'il 2023 Addi(ions 3)0.000 245,418 12,950 6,000 130.226 738,594 6,000 Ai 31 Mtsrch 2024 3iO,000 245,418 18,950 130,226 744.594 Depreci#ilon Al l April 2023 Ch8rgt for the year 350.000 211.798 126.072 4,154 687,870 Ai 31 March 2024 350 000 223 002 130226 703 228 Net book v41ue Ai 31 March 2024 22,416 18,950 41,366 At 31 March 2023 33,620 12,950 4,154 50,724 Short Leasehold Building Shori leasehold building is the indooi. riding school consiructed during 1994 at no cos( 10 th¢ charity, by (he BBC 'felevision "Challert8e Anneka" pmgramme. The value shown in the 8¢coun(s is an esiimate of Ihe cosis of Lon51tv¢ling the building which ivas pi'epared by FIGS Gioi'e5 and Parlner5. Chariered Quanliry Surveyors and Sarah Granville, Architect in March 1994 before the projeet was undertaken by "Challen8e Anneka" I l Debtors 2024 2023 Titde deb(0i'S Prepaymenis 16,914 4.685 5.308 21,599 Page 24
The Wormwood Scrubs Pony Centre Noles to the Financial Statements for the Year Ended 31 March 2024 12 Cash and cash equlvalents 2024 2023 Cash al baiik 247.655 2)9,322 Page 25
The Wormwood Scrubs Pony Centre Notes to the Financial Statements for the Year Ended 31 March 2024 13 Creditors: 2mounts fg11ing due within one year 2024 2023 OLher loans OLher iayalion and so¢ial s¢curity Other creditors AccNals 13,000 701 204 2,290 13.000 1.427 421 16,19) 15.185 14 Credilors: iiinoiiiit5 falllng due after one year 2024 202J Oiher loans 13,000 15 Pension and other schemes The Company op¢i'ai¢d a defined contribu(ion pension scheme for live of 115 employees dui'in8 thc yeai.. 16 Share c*pit41 The companv is limited by guaraniee and does noi have a share capiiol divided by sliai'es. 17 Funds BAlante at I Aprll 2023 Ineoming resources Resources expendtd BAlan¢e at 31 March 2024 Unrestricted funds General 303,450 303,665 1328.981) 278,134 Restrlcted fynds 12,8001 Total funds 303,450 306.465 1331.781) 278.134 Page 26
The Wormwood Scrubs Pony Centre Notes to the Financial Statements for the Year Ended 31 March 2024 Unrestricted funds Balance at I April 2022 ¢omlng resources Resources expeDded Balance at 31 March 21123 Unrestritted funds Genertsl 224,395 328.608 (249:5i3) 303.4iO Restri¢led funds 1,988 1,800 (3,788) TotAI (und5 226.383 330.408 1253.341 303.4iO 18 Analysls offftet assets between funds Unreslricled (unds CenerAI Total funds al JI MArch 2024 Tangible fixed assels Currenl a55elS Current liabiliiies 41,366 252,963 (16.195) 41.366 252,963 (16 195) Toial nel assets 278,134 278,lJ4 UnYestrlc¢ed funds General TotAI funds at 31 March 2023 Tangible liNed assets Current assets Cun'eni liabilities Crediiors over l year 50,714 280.921 {li,185 (13,000 50,714 280,921 (15,185) 113.000 Total nei assets 303,450 303,450 Page 27
The Wormwood Scrub5 Pony Centre Statement of Financial Activities by fund for the Year Ended 31 March 2024 Unrestricted Funds Total Total Unr¢stricted Unrestrlcted Funds Funds 2024 2023 Income And EttdowmeDts from: DonaLions and legacie5 Charitable aciivilies Other trading activiiies Inve51mcn( income 134,629 156,867 9,589 2.580 127,048 194,800 6.015 745 Total iiicome 303,665 328,608 Eip¢ndi¢ure Dn: Rai5in8 tunds Charitable 8cliviiies (8,9401 (320.0411 (10,0341 (239,i19 Toial expenditure 328,9811 249,5531 Net le,Kpendilure}/income (25 316) Nei movemeni in funds (25,316) 79,Oi5 Reconciliation of funds To(al funds brouglii loiivard 303,450 224,395 Total funds corried lorward 278 134 303,450 This paoe does noi foi'm part of Ihc staiulThry financial ststements. Page 28
The Wormwood Scrubs Pony Centre Statement of Finydncial Activities by fund for the Year Ended 31 March 2024 Restricted Funds Total Resirlcled Funds 2024 Total Resiricted Funds 2023 Ineome gnd Endowments from: Donaiions and legacies Charitable aciiviiies 1.800 2.800 Toral in¥omc 2.800 1.800 Expehditure on: Chariiable aclivilles (3,7881 Toial e¥pendiiLbre 2.800 i.788 Net e%pendilure Nei movemeni in funds (1,9881 11,9881 Reconciliation of funds Total tunds brougliL fotward 1.988 To(al funds carried lorward This page does noi fomi part ot the sLJtuloiy financial siat¢menls. Pagc 29