Charlty re8lstratlon number 1053861
Company reglstrdtlon number 02908501 IEn8land and Wales)
A.W.L.N. FOALS & HORSES SANCTUARY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

A.W.L.N. FOALS & HORSES SANCTUARY
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs L Molr
Miss J Knowles
Ms Susan Cocker
Mrs J Walton
MrsJL Townsend
Mr lan Whitaker
(Appointed 19 June 20241
{Appointed 22 August 20241
Charlty number
1053861
Company number
02908501
Prin¢lpal address
Redshell Lane
Off Haslingdon Old Road
oswaldtwistle
Lancashire
8B5 3RW
Reglstered offlce
Redshell Lane
Haslingden Old Road
OswaldtW15tle
Lancashire
United Kingdom
B85 3RW
Independent exarnlner
Hulljady
41 Bridgeman Terrace
Wigan
Lancashire
United Kingdom
WNI ITT

A.W.L.N. FOALS & HORSES SANCTUARY
CONTENTS
Page
Trustees, report
Independent examiner's report
Statement of flnanclal artfvltles
Balance sheet
Notes to the financlal statements
9-17

A.W.L.N. FOALS & HORSES SANCTUARY
TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their annual report and financial statements for the year ended 31 March 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note I to the financial
statements and comply with the charity's governin8 document, the Companies Act 2006 and 'Accounting and Reporting bv
Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reportin8 Standard applicable In the UK and Republic of Ireland IFRS 1021" (as amended for accounting periods
commenclng from l January 20161
Oblectlves and actlvliles
The charity's objects are to relieve the suffering of horses, foals and ponies and in particular to provide and malntain a
sanctuary for such unwanted animals and treat the sick and ill, as well as providing a good quality of life for our charges.
Where appropriate, we rehome suitèble horses and ponies. There has been no change in these objects during the year.
The charltable company was set up in 1994 by Olive Lomas and others with the aims of relSeving the sufferlng of foals, horses,
ponies, stallions, brood mares, yearlings and other horses and live-stock of every description, which were In need of care and
attention. Since then the sanctuary has continued to provide and maintain facilitles for the reception and care of unwanted
equines and the treatment of sick or ill-treated equlnes.
Looklns to 2025 and beyond.
The trustees remain mindful of the need to generate continuous and stable sources of income, espeaally in these challen8ing
economlc times. We hope to facilitate the recruitment of new trustee5 Wlth experttse In areas of fund ralsln8 and new income
generation,
Future plan$
Our vision is to become more tommunSty-focused by engaging with the general publlc. All of the necessary work has been
done to improve the land and buildings used by the charlty, includin8 improvements to the facilities at the house/offices to
make them safe and comfortable for staff and visltors. We have completed the bulldln8 of a new fleld shelter for our anlmals.
The trustee5 will continue to ensure the upkeep of the charlty's land and bulldin8S.
The trustees have pald due regard to guldancelssued by the Charlty Commlssion lft decidlng what activldes the charity should
undertake.
Slgnlfl¢ant artlvltles
At present the charlty provides care for over 40 horses at Its 22-acre site in Oswaldtwistle. Many were rescued from slaughter
for meat and have been with us ft)r a decade or more. They came to US Wlth severe trauma or ilkhealth, such that for them re-
homing was not an option. Consequently, we have evolved a specialism in the care and welkbeing of predominantly elderly,
slck, neglected, abused or vulnerable equ￿ne5, New cases are accepted on the basi5 of most dire need or danger, and are
usually referred by third parties. Where possible, we seek to rtrhome younger equines lunder 20 years) who are fit enough to
enjoy the role of special companion to other equines. Re-homing is subjett to a strict vetting procedure and re8ular
supervision. We are prlvileged to provide a comfortable re￿rement for our horses in refuge, to administer, under veterinary
guidance, appropriate care and medication regimes where necessary and to see our equines at peace Sn an environment
where public visiting 15 encouraged while at the same time carefully managed and supervised.
In the year to 31 March 2024. the sanctuary continued to work with gerenity Self-care and Well-Being a company using Horses
for therapy. We are grateful ft)r the donailons they make to our charitv.
We encourage volunteers of all ages and from all walks of life to join u5 ond help move the Charity forward, but we have found
it difficult to recruit volunteer5 this year. Volunteers are under the supervision of Management and we are so grateful for the
workthey carry out.

A.W.L.N. FOALS & HORSES SANCTUARY
TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Financlal revlew
During the year ended 31 March 2024, the charity had a deficit of income over expenditure during the year of £59,11512023 -
deficit £70,334) and total reserves of £190,46912023 - £249,584) and the trustee5 condnue to be mindful of the need to
preserve cash and generate new SOUf£es of income.
It is the policy of the charity that unrestricted funds which have not been de518nated for a specific use should be maintained at
a level equivalent to between three and six month'5 expenditure. The trustee5 considers that reserves at this level will ensure
that, in the event of a slgnificant drop in funding, they will be able to continue the charity's current activlties while
consideration 15 given to ways in which additional funds may be raised. At the end of this financial year. the charity has
sufficient reserves to meet this policy.
The trustees have assessed the major rlsks to whSch the charity is exposed, and are satisfied that systems are In place to
mitiaate exposure to the major rlsks.
Structure, governance and management
The company is registered as a charitable company limited by guarantee and is constltuted under a Memorandum of
Association dated 15 March 1994 as amended by special resolution dated 19 October 1995.
The trustees, who are also the dlrectors for the purpose of company law, and who served durln8 the year and up to the date of
signature of the financial statements were..
Mrs L Molr
Miss J Knowles
Ms Susan Cocker
Mrsj Walton
Mrs JL Townsend
Mr lan Whitaker
(Appointed 19 June 20241
(Appointed 22 Au8USt 20241
Referral and word of mouth recrultment is preferred. We seek key skills in each trustee, so that the overall competency of the
board Is Improved and malntalned.
We regard the tralning of our trustees as essential, Comprehensive training Is routinely provided by Hyndburn and Ribble
Valley CVS.
Trustees
Our constitution requires a minimum of three trustees, with one to act as Chairman. Trustees are proposed, and elected, by
the membership and appointed at the annual general meeting. Currently, the trustees are actively looking for additional
trustees to ensure thelr Is a good skill-set withln the board, but recruitment is proving difficult,
Relatfonshlp wlth wlder networks
Our equine Sanctuary is based in Oswaldtwistle, Lanca5hire, and we currently maintain grazing for a diminishing number of
elderly ponies In Scotland.
Our charTrty name
Our operatFonal trading name is Only Foals and Horse5 Sanctuary. The organi5ation was previously known as Animal Welfare
Llaison Network.

A.W.L.N. FOALS & HORSES SANCTUARY
TRUSTEES, REPORT (INCLUDING DIREcfoR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Rlsk Management
The trustees have a duty to Identfjfy and review the risks to whlch the charity is exposed and to ￿5￿re appropriate controls
are In place to provide reasonable assurance against fraud and error,
The account5 are prepared off-site by a reputable and long-established ftrm of accountants.
The trustees are aware of their duty to ensure that employees who hold key management positions, Office Manager/Co-
ordlnator and Animal Welfarelyard Manager, are fully competent to asse55 risks In their speclfic areas of responsibility.
Four key goals for the current administratlon are..
al To develop 5UStainable funding for the future
bl MinimSse rellance on legacie5
cl Raise wider awareness of the Charity and it5 aims
dl Wlden our trustee and volunteer skllls base.
The trustees have set up a reserve account wlth a dedlcated "emer8ency" amount enough to cover 6 mnths costs.
Generatlon of alternative income Ss a top prlority. We have concentrated on ralsing awareness of our charity and Its alms,
through outreach to tradI￿Onal medla. and wlth the selectfon and en8agement of professional partner5 In we&site
developments and bidding for funds. and pro bono professional support in marketfng. The trustees, together wlth funding
partners, wlll look at ways in which the charity can benefit the community and en8age with communit*orientated initiatives,
in order to access new funding source5.
Structure and Governance
None of the trustees, nor the Chairman, receive any salary or flnancial remuneratlon for thelr woth and involvemeftt on behalf
of Only Foals and Horses. Nor do they claim expenses for mileage to and from the Sanctuary.
The Board audlts the comblned sklll set of Its trustee5 to achieve optlmum competency, and also to Identify skill deficlencies in
relation to a speclftc goal. Where necessary, outside consultants are en8a8ed to give expert guldance. Thelr assistance is
SOU8ht on a voluntary or costed basls, wherever and whenever p055ible.
As an organlsation we are committed to contlnuous improvement In line wlth the standards of good governance expected by
the Charity Commisslon, Chan8e5 in le8islation and regulations will be monitored, and our policies and procedures wlll be
assessed and reviewed to ensure that Only Foals and Horse5 Sanctuary is operatlng withln the legal f ramework. The board as a
whole has responsibility for ensurlng that policies and procedure5 are in line with leglslation and reguladons changes.
Other matters
One of the key assets of Only Foals and Horses Sanctuary is the inspirational story of Its founder the late Olive Lomas. She was
particularly successful at attractlng le8acies and the trustees hope to continue to build on her legacy.

A.W.L.N. FOALS & HORSES SANCTUARY
TRusfEES' REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The trustee5' report was approved by the Board of Trustees.
Mrs L Moir
Trustee
Miss J Knowles
Trustee
27 September 2024

A.W.L.N. FOALS & HORSES SANCTUARY
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF A.W.L.N. FOALS & HORSES SANCTUARY
I report to the trustees on my examination of the financial statements of A.W.L.N. Foals & Horses Sanctuary Ithe charity) for
the year ended 31 March 2024.
Responslbllltles and basls of report
As the trustees of the charity land also its directors for the purposes of company lawl you are rtsponslble for the preparation
of the financial Statements In accordance with the requlrements of the Companies Act 2006 (the 2006 Actl.
Having satisfied myself that the flnancial statements of the charity are not required to be audited under Part 16 of the 2c￿6
Act and are eligible for Independent examination, I report in respect of my examinatton of the charity's financial statements
carried out under section 145 of the Charides Act 2011 Ithe 2011 Act). In carrying out my examlnafjon I have followed all the
applicable Dlrections given by the Charity Commlssion under sectlon 14515llbl of the 2011 Act.
Independent examlner's statement
I have completed my examlnation. I confirm that no matters have come to my attention In connecuon wlth the examination
81vln8 me cause to believe that Sn any material respect.,
accounting records were not kept in respect of the charity as requlred by section 386 of the 2006 Act; or
the financial statements do not accord with those record5,' or
the flnancial statements do not comply with the accountfng requlrements of sectton 396 of the 2006 Act other than any
requirement that the account5 give a true and falr view which is not a matter considered a5 part of an Independent
eXamIna￿On, or
the flnancial statements have not been prepared in accordance wlth the methods and prlnciples of the Statement of
Recommended Pracdce for accounting and reportlng by charitles applicable to charldes preparin8 thelr accounts in
accordance wSth the Financial Reporttng Standard applicable In the UK and Republic of Ireland IFRS 1021.
I have no concerns and have come across no other matters in connection with the examinatlon to whlch attentton should be
drawn in thls report In order to enable a proper understandin8 of the flnanclal statements to be reached.
Clare Jady FCA
Hulljady
418rldgeman Terrace
Wlgan
Lancashire
WNI Irr
Unlted Kingdom
Dated.. 27 September 2024

A.W.L.N. FOALS & HORSES SANCTUARY
STATEMENT OF FINANCIAL AcfiviTIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestrlrted
funds
2024
Unrestrlrted
funds
2023
Notes
Income from:
Donations and legacies
Other trading activities
Investments
77,450
33,583
1,326
85,624
31,533
456
Total Income
112,359
117,613
Expendlture on:
Charltable activities
171,799
187,947
Total expendlture
171,799
187,947
Net expendlture and movement In funds
159,4401
170,3341
Reeonclllatlon of funds:
Fund balances at l April 2023
249,584
319,918
Fund balances at 31 March 2024
190,144
249,584
The statement of ftnancial activities includes all gains and losses rÈco8nised in the year. All irtome and expenditure derive
from continuing activlttes,

A.W.L.N. FOALS & HORSES SANCTUARY
BALANCE SHEET
ASAT31 MARCH 2024
2024
2023
Notes
Flxed assets
Tangible assets
12
202,596
202,868
Current a$￿ts
Stocks
Debtors
Cash at bank and in hand
13
14
300
771
154,129
300
890
213,132
155,200
137,6521
214,322
137,6061
Credltors: amounts fallln8 due wlthln one year
16
Net current assets
117,548
176,716
Total assets less current Ilabllltles
320,144
379,584
Credltors: amounts fallSng due after more than
one year
17
1130,0001
1130,0001
Net assets excludlng penslon Ilablllty
190,144
249,584
Net assets
190,144
249,584
The funds of the ¢harlty
Unrestricted funds
190,144
249,584
190,144
249,584
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for
the year ended 31 March 2024.
The trustees acknowledge their responsibilities for ensuring that the charity keeps actountin8 records which comply with
sectlon 386 of the Act and for preparin8 flnancial statement5 which give a true and falr view of the state of affairs of the
company as at the end of the linancial year and of its incoming resources and application of resources, including its income
and expenditure. for the financial year in accordance with the requirements of sections 394 and 39S and which otherwise
comply with the requirements of the Companies Act 2006 relatlng to financial statements, so far as applicable to the company.
The members have not requlred the company to obtain an audit of its financial statements for the year in question in
accordance with section 476.
These flnanclal statements have been prepared In accordance with the provisions appllcable to companies subject to the small
companies regime.

A.W.L.N. FOALS & HORSES SANCTUARY
BALANCE SHEET (CONTINUED)
AS AT31 MARCH 2024
The financial statements were approved by the trustees on 27 September 2024
Mrs L Moir
Trustee
Miss J Knowles
Trustee
Company reglstration number 02908501 IEngland and Wales)

A.W.L.N. FOALS & HORSES SANCTUARY
NOTES TOTHE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH2024
Accountlng pollcles
Charlty Informatlon
A.W.L.N. Foals & Horse5 Sanctuary Is a prlvate company Ilmited by guarantee incorporated in England and Wales. The
reglstered office is Redshell Lane, Haslingden Old Road, Oswaldtwistle, Lancashire, BB5 3RW, United Kingdom.
1.1 Accountlng conventton
The financial statements have been prepared in accordance with the charity's Igoverning documentl, the Companies
Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 102,1 and the
Charltfes SORP "Accountin8 and Reporting by Charities: Statement of Recommended Practice applicable to charitles
preparin8 their accounts in accordance with the Financial Reporting Standard aPp1￿Cable in the UK and Republic of
Ireland IFRS 1021" (effective l January 20191. The charity Is a Public Beneftt Entity as defined by FRS 102.
The charity has taken advantage of the provlsions In the SORP for charldes not to prepare a Statement of Cash Flows.
The financlal statements are prepared in sterlin8, which is the funcUonal currency of the charlty. Monetary amounts In
these linancial Statements are rounded to the nearest £,
The flnanclal statements have been prepared under the historlcal cost convention, Imodifled to Indude the revaluation
of freehold properties and to Include Investment propertles and certain flnanclal Instruments at falr valuel. The princlpal
ccoufttin8 policies adopted are set out below.
1.2 Golng con¢ern
At the time of approvlng the financlal statements, the trustees have a reasonable expertation that the charlty has
adequate resources to Condnue in operatlonal existence for the foreseeable future. Thus the trustees contlnue to adopt
the goin8 concern basis of accountin8 in preparing the frnanclal statements.
1.3 CharStable funds
Unrestricted fund5 are available for use at the discretion of the trustees in furtherance of their charitable objective5.
Restricted funds are subject to specitic conditions by donors or grantors as to how they may be used. The purposes and
uses of the restrlcted funds are set out In the notes to the flnanclal statements.
Endowment funds are subject to speclflc conditions by donor5 that the capital must be maintained by the charity.
1.4 Income
Income Is recognised when the charity Is legally entltled to it after any performance conditlons have been met, the
amounts can be measured reliably, and It Is probable that income wlll be recelved.
Cash donatlons are recognlsed on receipt. Other donations are recognised once the charity has been notlfied of the
donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to
dOna￿On5 received under Glft Ald or deed5 of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution. the
amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contlngent asset.

A.W.L.N. FOALS & HORSES SANCTUARY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollcles
(con￿nued)
1.5 Expendlture
All expenditure is accounted for on an accruals basi5 and ha5 been classified under headings that
agBre8ate all costs related to each category of expense shown in the Statement of Financial
Activities. Expendlture is recognised when the following criteria are met..
there is a present legal or constructive obllgation resulting from a past event
• it is more likely than not that a transfer of benef5ts (usually a cash payment) will be required in
settlement
the amount of the obll8ation can be measured or esilmated rellablv.
1.6 Tanglble fixed assets
Tan8lble flxed assets are inidally measured at cost and subsequently measured at cost or valuatlon, net of depreclation
and any Impalrment losses,
Depreclatlon Is recognlsed so as to wrlte off the cost or valuation of 855ets le55 their re51dual values over their useful
lives on the following bases..
Freehold land and bulldings
Leasehold improvements
Plant and equipment
Flxtures and fittln8S
Motor vehlcles
No Depreciation
IO% on cost
25% on Reducin8 balance
25% on Reducin8 balance
20% on Reducing balance
The galn or loss arlslng on the dlsposal of an asset is determlned as the difference between the sale proceeds and the
carryin8 value of the asset. and Is recognised in the statement of financial activities.
1.7 Impalrment of Hxed assets
At each reporting end date, the charlty revlews the carrylng amounts of Its tanglble assets to determlne whether there
Is any indicatlon that those assets have suffered an impairment loss. If any such IndlcatTon exists, the recoverable
amount of the asset is estimated In order to determine the extent of the Impairment loss lif any).
1.8 Stocks
Stocks are stated at the lower of cost and estlmated sellin8 prlce le5S Costs to complete and sell, Cost comprises dlrect
materlals and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks
to their present location and condition. Items held for distribution at no or nominal consideration are measured the
lower of replacement cost and cost.
Net realisable value is the estimated selling prlce less all estimated costs of completion and costs to be incurred in
marketing, sellin8 and distribution.
1.9 Cash and cash equlvalents
Cash and cash equlvalents include cash in hand, deposits held at call with banks, other 5hort-term liquid investments
with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowlngs in
current Ilabllities.
10-

A.W.L.N. FOALS & HORSES SANCTUARY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accouniln8 pollcie5
(Continued)
1.10 Flnanclal Instruments
The charlty has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther
Financial Instruments Issues, of FRS 102 to all of it5 linancial instruments.
Flnancial Instruments are reco8nised In the charlty's balance sheet when the charlty becomes party to the contractual
provisions of the instrument.
Flnanclal assets and Ilabllltles are offset, wlth the net amounts presented In the financlal statements, when there Is a
legally enforceable right to set off the recognised amounts and there is an Inten￿On to settle on a net basls or to reallse
the asset and settle the liabllity simultaneously.
Ba51cflnanclal ossets
Basic financial assets, which include debtors and cash and bank balances, are inidally measured at transactlon prlce
Includlng transaction costs and are subsequently carried at amortised cost using the effecdve interest method unless
the arrangement constitutes a financing transactlon, where the transaction is measured at the presert value of the
future receipt5 discounted at a market rate of interest. Financial assets classiff ed as receivable ￿thIn one year are not
amortised.
Baslcflnonclol Ilablllrfes
Basic flnanclal Ilabllides, Includlng creditors and bank loans are inldally recognised at transaction prlce unless the
arrangement constltutes a flnancing transactfon, where the debt Instrument Is measured at the presert value of the
future payments dlscounted at a market rate of Interest, Flnanclal Ilabllitles classlfled as payable withln one year are not
amortised.
Debt Instruments are subsequently carried at amortised cost, U51ng the effective interest rate method.
Trade creditors are obligatlons to pay for goods or servlces that have been acqulred In the ordlnary course of operadons
from suppliers. Amounts payable are classified a5 current liabilities if payment is due wlthln one year or less. If not, they
are presented as non-current Ilabilltles. Trade credStors are reco8nlsed Inltlally at transactton pd¢e and subsequently
measured at amortised cost usin8 the Èffective interest method.
Derecognltlon offlnonclol Ilobllltles
Financial liabilities are derecognised when the charivs contractual obligations expire or are discharged or cancelled.
1.11 Employee beneflts
The cost of any unused hollday entltlement Is recognised in the period in which the employee's seNices are received.
Termination benefits are recognised immediately as an expense when the charlty Is demonstrably committed to
terminate the employment of an employee or to provide termination benefits.
1.12 Retlrement benellts
Payment5 to defined contrlbution refjrement benefit schemes are charged as an expense as they fall due.
11

A.W.L.N. FOALS & HORSES SANCTUARY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Crltlcal accountlng estlmates and Judgements
In the application of the charity's accounting policies, the trustees are required to make judgements, estEmates and
assumptions about the carrying amount of assets and liabilides that are not readily apparent from other sources. The
estimates and associated assuMp￿0nS are b35ed on historlcal experience and other factors that are considered to be
relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an on8oin8 basis. Revisions to accountin8 estimates are
recognised in the period in which the estimate 15 revised where the revision affects only that peric(J, or In the perlod of
the revision and future periods where the revision affects both current and future periods.
Income from donatlons and legacles
Unrestrlcted
funds
2024
Unrestrlcted
fund5
2023
Donations and gifts
Le8acies receivable
Grants
57.953
10,247
9,250
36,837
43,087
5,700
77,450
85,624
Income from other tradlng actlvltles
Unrestrlrted
funds
2024
Unrestrlcted
funds
2023
Shop Income
33,583
31,533
Income from Investments
Unrestrlrted
funds
2024
Unrestrirted
funds
2023
Interest receivablè
1,326
456
12-

A.W.L.N. FOALS & HORSES SANCTUARY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charltable aciivltles
Chafltsble
Charltable
Expendlture Expendltu
2024
2023
Staff costs
Depreciation and impalrment
FeedlHay/Hayla8e/Straw
VetslHealthcarelFarrier/Removal
Waste Disposal
Llght & Heat
Adverhsing & Stationary
Sundry
Repairs & Renewals
Bank Charges
Telephone
PayPal Fees
Other charitable expenditure
85,447
273
37,703
18,891
2.262
5,088
1,198
3,075
1,527
72
486
97
10,662
86,242
361
40,269
23,663
3,159
6,208
415
5,470
6,995
72
496
200
9,818
166,781
183,368
Share of sUPPOrt costs Isee note 71
Share of governance costs (see note 71
2,845
2,173
2,576
2,003
171,799
187,947
Support costs allocated to artlvltles
2024
2023
Bank interest
Insurance
325
2,520
2,173
325
2,251
2,003
Governance costs
5,018
4,579
Net movèment In funds
2024
2023
The net movement in funds is stated after charging/lcredltlng}:
Depreclation of owned tangible fixed assets
272
361
13-

A.W.L.N. FOALS & HORSES SANCTUARY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Icontlnued)
2023
Net movement tn fund5
2024
Trustees
None of the trustees {or any persons connected with theml received any remuneration or benefits from the charity
durlng the year.
10 Employees
The average monthly number of employees durlng the yearwas,. 7
2024
Number
2023
Number
Staff en8a8ed In care of animals
Employment costs
2024
2023
Wages and salarie5
Other penslon costs
84,034
1,413
85,107
1,135
85,447
86,242
There were no employees whose annual remuneratlon was more than £60,000.
11 Taxatlon
The charity is exempt from taxatton on its activities because all its Income Is applied for charitable purposes.
14-

A.W.L.N. FOALS & HORSES SANCTUARY
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
12 Tan8Sble fixed assets
Freehold land
Le¥5ehold
and bulldlngs Improvements
Plant and
*qulpm*nt
Flxtures and Motor vehlcles
ffttlnls
Total
Cost
At l Aprll 2023
201,750
6,198
3,763
2,305
1,890
215,906
At 31 March 2024
201,750
6,198
3,763
2,305
1.890
215,906
Depreclatlon and Impalrment
At l April 2023
Depreciation charged in the
year
6,198
3,262
1,832
1,746
13,038
125
118
29
272
At 31 March 2024
6,198
3,387
1,950
1,775
13,310
Carryln8 arnount
At 31 March 2024
201,750
376
355
115
202,596
At 31 March 2023
201,750
501
473
144
202,868
13 Stocks
2024
2023
Raw materlals and consumables
300
300
14
Debtors
2024
2023
Amounts falllng due wlthln one year:
Prepayments and accrued income
771
890
771
890
15-

A.W.L.N. FOALS & HORSES SANCTUARY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
15 Loans and overdrafts
2024
2023
Other loans
130,000
130,000
Payable after one year
130,000
130,000
Amounts Included above which fall due after flve years:
Payable other than by instalments
{130,0001
The lon8-term loans are secured by fixed charges over the land at Redshell Lane
In July 2001, the Charlty was lent the sum of £130,000 by Mr G Qulnton, a supporter of the charlt% in order to asslst it
to purchase the land at Redshell Lane from which the Charity operates. The terms of the loan are th# no repayment is
required provldlng Interest is payable twice-yearly to Mr Qulnton's wife at a rate equal to the b3s&rate published by
Lloyds TSB Bank plc. Mr Qulnton has a legal charge over the property which would be invoked in the event of various
condltlons belng breached Including that concerning the prompt payment of interest, as well as the care of the land at
Red5hell Lane.
16 Credltor5: amounts fallln8 due wlthln one year
2024
2023
Other taxadon and soclal securlty
Accruals and deferred income
36,068
1,584
36,154
1,452
37,652
37,606
17 Credltors: amounts falllng due after more than one year
2024
2023
Borrowings
130,000
130,OQO
18 Retlrement benefft schemes
Dellned contrlbution schemes
2024
2023
Charge to proflt or loss in respert of deflned contribuJon schemes
1,413
1.135
The charity operates a defined contrib¢Jtion pension scheme for all qualifying employees, The assets of the scheme are
held separately from those of the charity in an independently administered fund.
16-

A.W.L.N. FOALS & HORSES SANCTUARY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH2024
19 Unrestrlrted funds
The unrestricted funds of the charity comprise the unexpended balances of donatlons and grant5 which are not subject
to specific conditions by donors and grantors as to how they may be used. These include designated funds which have
been set aside out of unrestricted funds by the trustees for speclflc purposes.
At l Aprll 2023
Incomlng
resources
Resources
expended
At31 March
2024
Gener31 funds
249,584
112.359
1171,7991
190,144
Prevlous year:
At l Aprll 2022
Incomln8
resources
Resources
expended
At 31 March
2023
General funds
319,918
117,613
(187,947)
249,584
20 Related party transa¢tlons
There were no dlsclosable related party transactlons during the year12023- none).
17-