Ch4rity règlstntlon number 1053861 IEnel•na and Wales) Company rezlstratlon numLxr 02908501 A.W.L.N. FOALS & HORSES SANCTUARY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
A.W.L.N. FOALS & HORSES SANCTUARY LEGAL AND ADMINISTRATIVE INFORMATION Trustee$ Mrs L Moir Miss J Knowle5 Mrs J Walton Mrs JL Townsend Mr lan Whitaker IAppointed 19 June IAppointed 22 Augu 0241 t 20241 Ch•rttynumb•r (England and Wal0$1 1053861 Compiny numb•r 02908501 Prln¢lp•l addrnss Redshell Lane Off Haslingdon Old Road Oswaldtwistle Lancashire BB5 3RW Rolstered offlc• Redshell Lane Haslinsden Old Road Oswaldtwistle Laneashlre Unlted Klngdom BB5 3RW Indep•nd•nt •xomlner Huluady 41 Bridgeman Terra¢& Wlgan Lan¢ashirè United Kingdom WNI ITT
A.W.L.N. FOALS & HORSES SANCTUARY CONTENTS Page Trustees, report Independent examiner's report Statement of financlal actlvitles Balance Sheet Notes to the financlal ststements 9-17
A.W.L.N. FOALS & HORSES SANCTUARY TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The tru5tee5 present thelr ènnual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note I to statements and comply with the charity's governing document, the Companies Act 21J06 and "Accounting and Charities: Statement of Recommended Practice appllcable to charities preparlng their accounts in accorda Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" las amended for accou commenclngfrom l January 20161 the financlal Reporting by ce with the ting period5 ObrtIV•S mnd artlvltles The charity's objects are to relieve the suffering of horses, foals and ponies and in particular to provide sanrtuary for such unwanted animals and treat the sick and 111, as well as providing a good quality of life fo Where appropriate, we rehome suitable horses and ponies. There has been no change in these objects during th maintaln a our charges. vear. The charitable company was set up in 1994 by Olive Lomas and others wlth the alms of relievin8 the suffering of foals, horses, ponie5, Stallions, brood mares, yearlings and other horses and live-stock of every description, which were in nedj of care and attention. Since then the Sanctuary has continued to provlde and maintain fac15ities for the reception and care of unwanted equines and the treatment of slck or ill-treated equines, Looklni to 2026 and bèyond. The trustees remaln mlndful of the need to generate contlnuou5 and stable source5 of Income, especlally In these challen8ln8 economic times. We continue to look for new trustees, spe¢lfleally wlth expertise In areas of fund ralslng an4 new income generatlon. Futur• pl•n$ Our vislon is to become more comrnunity-focu5ed by engaglng wlth the general public. All of the necessary done to Improve the land and bulldin85 Used by the chority, to make them safe and comfortable for the animals well as staff ènd visitors. The trustees will continue to ensure the upkeep of the charity's land and building5. rk has been e care for, as The trustees have paid due regard to guldance issued by the Charlty Commlsslon In decldlng what artlvltles the undertake. harity should Slinltlc•nt artlvltl•s At psent the charity provldes care for over 40 horses at its 22-acre 51te In Oswald11St1e. Many were rescued for meat and have been with us for a decade or more. They came to us with severe trauma or ill-health, such th homing was not an option. Consequently, we have evolved a specialism in the care and well-being of prèdomi sick, neglected, abused or vulnerable equines. New cases are accepted on the basis of most dire need or d Usually referred by third parties. Where possible, we seek to re-home younger equines (under 20 years) who ar enjoy the role of speclal companlon to other equines. Re-homing is subject to a strict vetting procedur supervision. We are privileged to provide a comfortable retirement for our horses In refuge, to administer, un guidance, appropriate care and medication gime$ where neossary and to see our equines at peace in a where public visiting is encouraged while at the same time carefully mat)aged and supervised. om slaughter for them re- antly elderly, nger, and are fit enough to and regular er veterinarv envirDnment We encourage volunteers of all ages and from all walks of life to join us and help move the Charity forward, but it difflcult to recrult volunteers this year. Volunteers are under the supervision of Management and we are so work they carry out. è have found teful for the
A.W.L.N. FOALS & HORSES SANCTUARY TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Flnanclal revlew During the year ended 31 March 2025, the charity had a surplus of income over expenditure during the year of £ deficit £59,4401 and total reserves of £270,44012024 £1,144) and the trustees cOntine to be mindful o preserve cash and generate new sources of Income. 0,30012024 the need tts During the year, the charity was fortunate to receive generous legacies totalllng £160,518, compared to £10,24 trustees also made the decision to commence to rent out the residential property, which has previously bee Charity as an office, on a commercial basis, in order to generate additional steady income and to make bett charity's a55etS. in 2024. The Used by the r use of the The trustees continue to be mlndful of the need to preserve cash and 8enerè nèw sources of in¢ome. It is the pollcy of the charity that unrestricted funds whlch have not been designated for a specific use should be level equlvalent to beeen three and slx month's expenditure. The trustee5 conslders that reserves at this le that, in the event of a significant drop in fundin8, they will be able to continue the charity's turrent a consideration is given to ways in which additional funds may be raised. At the end of this finan¢ial year, th sufficient reserves to meet thls policy. intainèd at I will ensure ivities while charity has The trustees have assessed the major r15ks to whSch the charlty Is exposed, and are satlsfled that system5 a mitigate exposure to the major risks. In place to Structur•, Kov•rnan¢o Ind m•n•¢oment The company is gIStered as a charitable company limlted by gLsarantee and Is constituted under a Me AssocSatlon dated 15 March 1994 as amended by speelal resolution dated 19 October 1995. orandum of The trustees, who are also the dlrectors for the purpose of company law, and who served durlng the year and of slgnature of the flnanclal statements were: Mr5 L Moir Mlss l Knowle5 Ms Susan Cocker Mrs J Walton MrsJL Townsend Mr lan Whitaker p to the date IResi8ned 19 March 20251 IAppointed 19 June 20241 IAppointed 22 August 20241 Referral and word of mouth recruitment is preferred. We seek key skills in each trustee. $0 that the overall com board is improved and maintained. etency of the We regard the trainlng of our trustees as essentlal. Comprehenslve training Is routinely provided by Hyndb Valley CVS. n and Rlbble Trustees Our constitution requlres a minimum of three trustees, with one to act as Chairman. Trustees are proposed, a the membership and appointed at the annual general meetlng. Currentlyi the trustees are actively looking trustees to ensure thelr is a good sklll-set within the board, but recruitment is proving difficult. d elected, by for additional Relatlonshlp wlth wlder networks Our equine sanctuary is based in Oswaldtwlstle, LancashI. and we currently maintain grazing for a diminlsh elderly ponies in Scotland. ng number of Our¢h•rlty name Our operational trading name is Only Foals and Horses Sanctuary. The organisation was previously known 35 Liaison Network. nimal Welfar
A.W.L.N. FOALS & HORSES SANCTUARY TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Rlsk MJn489rnont The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure approp are in place to provlde reasonable assurance against fraud and error. late c)ntrols The accounts are prepared off-site by a repL¢tabl* and longostsblished firm of accountants. The trustees are aware of thelr duty to ensure that employees who hold key management positions, Offlce ordinator and Animal Welfare/Yard Manager, are fully competent to assess risks in their speclflc areas of responsi ana8erlCo- Four key goals for the current adminlstration are.. èl To develop sustalnable fundlng for the future bl MinimSse reliance on legacies ¢1 Ralsè wlder awareness of the Charlty and Its alms dl Widen our trustee and volunteer skills base. The trustees have Set up a SerVe account wlth a dedicated "emergen¢y" amount enough to cover 6 Generation of alternative Income Is a top prlority. We have concentrated on raSsing awareness of our chority through outreach to traditional media, and with the selection and engagement of professional partners developments and b5dding for funds, and pro bono professional support In marketing. The trustees, together partners, will look at ways In whlch the charity can benefit the communlty and engage with community-orlentat in order to access new funding sources. onths Costs. nd its aims, in web-slte th fundlng d Inltiatives, Struthur? and Govem•nc• None of the trustees, nor the Chairman. recelve any salary or financial remuneratlon for thelr work and Invglvem of Only Foals and Horses. Nor do they clalm expenses for mileage to and from the Sanctuarv. nt on behalf The Board audits the Combined sklll set of Its trustees to achieve optlmum competency, and also to Idèntify sklll d relation to a specific goal. Where necessary, outside eonsultants are engaged to give expert guldance. Their sought on a voluntary or costed basis, wherever and whenever possible. riciencies In 5515tance is As an organisation we are eommitted to contlnuous improvement In line with the stsndards of good governance the Charlty Commlssion. Changes In leglslation and regulatlons wlll be monitored, and our policies and proee assessed and reviewed to ensu that Only Foals and Horses Sanctuary is operating within the legal framework. T whole has responsibility for ensuring that poli¢ies ènd procedures are In Ilne with legislation and regulations chan expected bv ures will be e board as a es. Other matters One of the key assets of Only Foa15 and Horses Sanctuary Is the inspirational story of Its founder, the late Ollve Lo particularly successful at attracting legacies and the trustees hope to continue to build on her legacy. as. She was
A.W.L.N. FOALS & HORSES SANCTUARY TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Irustees. roport Wè5 apprtsved t>y tho Board ot Trustees. Mrs L MOIT Trust•e Miss J Knowles Tru5teo 28 Ncwember 2n25
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 examlnation of the flnancial statements of A.W.L.N. Foals & Horses Sanctuary Ith the yearended 31 March 2025. charity) for Responslbllltles and basls of report As the trustees of the charity land a150 Its directors for the purpose5 of company lawl, you are responsible for the of the flnanclal statements in accordance with the requirements of the Companies Act 2W6. preparation Havlng satlsfied Myself that the financial statements of the charity are not required to be audlted under Pa Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I h the Dlrertlons given by the Charity Commlssion under sertlon 1451511bl of the Charlties Act 2011. 16 of the he charity's ve followed Independent examlner's statsment Since the charity's 8r05s income exceeded £250,¢)CQ, the independent examSner must be a member of a body list 145 of the Charities Act 2011. 1 confirm that l am quallfled to undertake the examSnation because l am a me ICAEW, whlch15 Qne of the1Ssted bodies. d in section ber of the I have completed my examination. I confirm that no matters have come to my attentlon In connection with the givlng me eause to belleve that In any material respect.. a¢countln8 records were not kept In respect of the charity as required by section 386 of the Companies Act the financlal statements do not accord with those records., or the financial statements do not comply with the accountlng requlrements of section 396 of the Compan other than any requlrement that the financlal statements give a true and fair vlew, which Is not a matter c part of an Independent examinatlon,. or the financlal statements have not been prepared in accordance with the method5 and principles of the Recommended Practice for accounting and reporting by charitie5 applicable to charitles preparlng t statements in accordance w5th the Financ5al Reporting Standard applicable in the UK and Republic of Ireland xamlnat5on s Act 2006 nsSdered as tatement of ir flnancial FRS 1021. I have no ¢on¢erns and have come across no other matters in connertion wlth the examlnation to whlch attenti drawn in this report In order to enable a proper understanding of the flnancial ststements to be reached. n should be Clare Jady FCA HullJ4dy 418rid8eman Terra¢e Wigan Lancashlre WNI ITT United Kingdom 28 November 2025
A.W.L.N. FOALS & HORSES SANCTUARY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlrted funds 2025 Unrestrlcted funds 2024 Notes Incorne from: Donations and legacles Other trading activities Investments 195,808 41.099 37,534 77,451 33,583 1,326 Totsl Incom• 274,441 112,360 ExndItur• on: Charltable activitles 194,141 171,8CQ Totsl •xp•ndlture 194,141 171,8CQ N•t Incom*/{•xp•ndltur•) and mov•m•nt In tunds 80,300 159,4401 R•conclllatlon of funds: Fund b¥lance5 at l April 2024 190,144 249,584 Fund balan5 at 31 Mirch 2025 270,444 190,144 The 5tstement of financlal a¢tivities includes all galns and losses recognised In the year. All Income and expèn from contlnuin8 actlvltles. iture derlve
A.W.L.N. FOALS & HORSES SANCTUARY BALANCE SHEET ASAT31 MARCH 2025 2025 202 Not•s Flxed assets Tangible assets 12 202,390 202,596 Currnnt 15sets Stocks Debtors Cash at bank and in hand 13 300 14 812 199,609 771 154,129 2CX),721 12,6671 155,2¢XI 137,6521 Cr•dltors: Imounts falllnz du• wlthln on• y•ir 16 Net curr•nt •ss•t$ 198,054 117,548 Totsl ass•ts l•ss ¢urr•nt Ilabllltl•s 400,444 320,144 Cr•dltors: amounts hlllng du• aftor more than on• year 17 1130,IJOOI 1130,OLXII N•t •ss•ts 270,444 190,144 The fund5 Qf the charlty Unrestrlcted funds 19 270,444 190,144 270.444 190.144
A.W.L.N. FOALS & HORSES SANCTUARY BAIANCE SHEET (CONTINUED) AS AT31 MARCH 2025 The compèny Is entltled to the exemption from the audit reqLtirement contained in sertion 477 of the Com the year ende¢J 31 March 202). leg Act 2Q06, for The trustees acknowledge their responslbilities lur en5urin8 that the charity keeps accountine re¢ords sect*oft 386 Df ihe Act and for preparing linanclal statements which give a tre and hir view of the Stit campaw a$ 8t the end of thp financial yetrr and of tL5 in£offling reUrceS and application of resources, in and expoodituro, lor the financial year in accordance with the requirements ol sertion5 394 and 395 an corwiply with tl)e reqLl1MentS of the Companie$ Act 2006 relatin¥ to financial 5tsteinent5, $0 far as applitabl ich comply with of affairs ol thp ¥dinE it.s income whlch otherwise to the comgany. Thè members have not required the Company to obtain an audit of its flnanclal 5tatemEnts for the acrdArt w+th section 476. r in question in These financial Statements have been preparc.d iii accord¢in£e with the piovislons appllcablè to companles s ¢omparttès reBim(t. bject to the small The financial statement5 were approved by the trustees on 28 Novembei 2025 Mrs l Mo¢f Trustoe Mlss J KwIeS Truste Conipany registratgun numbir 02908JOI111181lr nd and Wales)
A.W.L.N. FOALS & HORSES SANCTUARY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlnz pollcles Charity Infomiatlon A.W.L.N. Foals & Horses Sanctuary is a private company Ilmlted by guarantee Incorporated in England 8 registered office Is Red5hell Lane, Haslln8den Old Road, Oswaldknvistle, Lancashlre. BB5 3RW, United Kingd Wales. The 1.1 Attountlni conventlon The financlal statements have been prepared in ac¢ordance with the charity's governing do¢ument, the C 2W6, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the C "Accounting and Reportin8 by Charities.. Statement of Recommended Practice applicable to charitles p accounts In accordance with the Financial Reportlnl Standard applicable In the UK and Republ1¢ of Irela The charity is a Public 8enefit Entity as defined by FRS 102. mpanies Act ar5ties SORP paring thelr d IFRS 1021" The charity has taken advants8e of the provislon5 in the SORP for charfties not to prepare a statement of clsh flows. The flnancial statements are prepared in sterling, which is the functional currency of the charSty. Moneta these financial Statements are rounded to the nearest £. amounts in The financlal statements have bèen prepared under the historical cost convention, Imodlfled to include t4e revaluation of freehold properties and to include investment properties and certsln financlal Instruments at fat valuel. The principal accounting policies adopted are Set out below. 1.2 Golni conorn At the tlme ¢f approving the flnancial statements, thè trustees have a reasonable expectatlon that t adequate resources to contlnue in operational exlstence for the foreseeable futltre. Thus the trustee5 con the goln8 concern basls of accountSng in preparin8 the financial statements. e charlty has inue to adopt 1.5 Charltsble funds Unrestricted funds are available for use at the discretlon of the trustees in furtherance of their Charitable bjectlves, Restrlcted funds are subject to speciflc conditions by donors or grantors as to how they may be used. Th Lsses of the restricted funds are set out in the notes to the flnancial statements. purposes ènd Endowment funds are subject to specifi¢ conditions by donors that the capital must be maintained by the Fharlty. 1.4 Incom• Income is recognised when the Charlty is le8ally entitled to it after any performance condltlons have amounts can be measured reliably, and it is probable that Income will be recelved. een met, the Cash donatlons are recognised on receipt. Other donatlons are recognised once the charity has been donation, unless performance conditions require deferral of the amount. Income tax recoverable denations received under Gift Aid or deeds of covenant is recognised at the time of the donation. otified of the in relation to Legacles are recognised on receipt or othenMise if the charity has been notified of an impending dFtribution, the amount is known, and recelpt is expected. If the amount is not known, the legacy is treated as a continge t asset.
A.W.L.N. FOALS & HORSES SANCTUARY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Atcountlng poll¢i•$ l {Contlnuedl 1.5 Expenditure All expenditure is atcounted for on an accruals basis and has been classified under headlngs that aggregate all costs related to each category of expense shown in the Statement of Financial Artivities. Expenditure is recognised when the following criteria are met.. there is a present legal or constructive obligatlon resulting from a past event • It is more Ilkely than not that a transfer of benefits lusually a cash payment) will be quired in settlement the amount of the obllgation can be measured or estimated reliably. 1.6 T*n8lbl• flyed Jssets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net and any Impalrment losses. f depreciation Depreciation is reco8nised so as to write off the cost or valuation of assets less their residual values o Ilves on the followin8 bases: er their useful Freehold land and buildings Leasehold Improvements Plant and equlpment Fixtures and flttings Motor vehicles No Depreclatlo IO% on cost 25fjA on Reducing balance 25DA on Reducing balance 20% on Reducini balance The gain or105s arlsing on the dlsposal of an asset Is determined as the difference beeen the sale p ¢arryin8 value of the asset, and 15 reco8nised in the ststement of financSal actlvltles. ceeds and the 1.7 Impalmi•nt ol fId assets At each reportlng end date, the charity reviews the carrylng amounts of Its tangible assets to determin whether there Is any indication that those assets have suffered an Impairment loss. If any s¥ch indication exists, Ihe 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 estimated selling prSce less costs to complete and sell. Cost Comprises direct materials and, Whe applicable, direct labour costs and those overheads that have been incurred in brlnging the stocks to their present location and condition. Items held for dlstribution at no or nominal consideration a e measured the lower of replacement cost and cost. Net realisable value is the estimated selling prlce less all estimated c05t5 of completion and costs marketingi selling and distribution. be Incurred In 1.9 Cash and tash equlval•nts Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liluid investmet)ts with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowing5 in current liabilities. 10-
A.W.L.N. FOALS & HORSES SANcfuARY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles {Contlnuedl 1.10 Flnanclal Inslruments The charity has elected to apply the provisions of Section 11 'Baslc Financial Instruments, and Sect Financlal Instruments Issues, of FRS 102 to all of its financial instrument5. n 12 '0ther Flnancial Instruments are recognlsed In the eharitv's balance sheet when the charity becomes party to provisions of the instrument. e contractual Financlal assets and liabilities are offset, wlth the net amounts presented in the flnancial statements, legally enforceable right to set off the recognised amounts and there is an Intention to settle on a net ba the asset and settle the liability simultaneously. hen there Is a is or to realise 8aslcJlnanclul ossets 8asic financial assets, which Include debtors and cash and bank balances, are initially rneasured at tr Including transactlon costs and are subsequently Carrled at amortised cost using the effective interest the arrangement constitutes a financing transaction, where the transaction is measured at the pres future receipts dlscounted at a market rate of Interest. FSnanclal assets classSfled as receivable within amortlsed. nsactlon prlce method unless t value of the e year are not Boslcflnan¢lal Ilabllltles Baslc flnanclal IlabSllties, Including credltors and bank loans are initially recognised at tran5a¢tion arrangement constltutes a flnancing transaction, where the debt instrument Is measured at the pres future payments discounted at a market rate of inter&5t. Flnancial liabilities classlfied as payable withSn amortised. rice unless the nt value of the ne year are not Debt Instruments are subsequently carrSed at amortlsed c05t, uslng the effective Interest rate method. Trade credltors are obligatlons to pay for goods or services that have been acquired In the ordinary co of operations from suppllers. Amounts payable are classified as current liabilities If payment is due withln one year or less. If not, they are presented as non.¢urrent liabilities. Trade creditor5 are recognised initially at transaction price and subsequentlv measured at amortised cost uslng the effectlve interest method. Derecognltlon oAflnon¢lal Ilabllltles Flnancial liabllities are derecognised when the charItS contrartual obll8atlons expire or a discharged or cancelled. 1.11 Ernploy•• b•nefSts The cost of any unused hollday entltlement Is recognlsèd in the period in which the employee's seNIC are received. Terminatlon benefits are re¢ognised Immediately as an expense when the charity is demonstra termlnate the employment of an employee or to provide termination benefits. IV wmmltted tg 1.12 Retlrement b•noflts Payments to defined ¢ontribution retlrement benefit s¢hemes are char8ed as an expense as they fall ue. 11
A.W.L.N. FOALS & HORSES SANCTUARY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH2025 Crftl¢al accountlni estlm•ts$ and Judgements In the application of the charity's accounting policies, the trustees are required to make judgements, assumptions about the carrying amount of assets and liabilities that are not readily apparent from oth estimates and associated assumption5 are bosed on historical experience and other factors that are c relevant. Artual rÈsult5 may differ from these estlmates. estimates and r sources. The sidered to be The estimates and underlying assumptions are reviewed on an ongolng basis. Revisions to accountln recognlsed in the period in whlch the estimate is revised where the revisiori affocts only that perlod, or the revision and future periods where the revision affects both current and future perlods. estimates are the period of Income from donatlons and l•iacl•J Unrestrlrtod fvnds 2025 Unrestrlct•d funds 2024 Donations and gifts Legacies Grants 33,290 160,518 2,iJ)O 57,954 10,247 9,250 195,808 77,451 Income from oth•r trndlni •etl¥ltl•$ Unr•strlct• fund 202 UnY•strlrt?d fund5 2024 Shop Income 41,09 33,583 Inome from Investmènts Unrestrl¢te fundi 202$ Unrestricted funds 2024 Rental Income Other income Interest recelvable 35,25 1,326 37,53A 1,326 12-
A.W.L.N. FOALS & HORSES SANCTUARY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Ch•ritsble •rtSvltles Ch*ritable L¥pendltur• 2025 Charitable Expendlture 2024 Staff costs Depreciation and impaSrment Feed/Hay/Hayla8e/Straw Vet5/HealthcarelFarrler/Removal Waste Disposal Llght & Heat Advertising & Statlonary Sundrv Repairs & Renewals Bank Charges Telephone P?yPal Fees Other charltable expendlture 86,26 20 35,16 23,96 1,97 8,21 27 85,447 273 37.703 18.891 2,262 5,089 1,198 3,075 1,527 72 486 17,077 71 523 114 11,881 97 10,662 188,918 166,782 Share of support costs Isee note 71 Share of governance costs (see note 71 2,845 2,173 2,232 194, 171,800 Support costs Illot•d to •rtl¥ltl•$ 20 2024 Bank interest Insurance Governance costs 325 2,520 2,173 5,018 Net movemént In funds 20 2024 The net movement in funds is stated after eharging/lcredltlngl'. Depreciation of owned tangible fSxed assets 272 13-
A.W.L.N. FOALS & HORSES SANCTUARY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Icontlnuedl 2024 Not movtmont In funds 2025 Trusto•s None of the trustees lor any persons connected with them) received any remuneratlon or benefits f durin8 the year. m thè charity 10 EMplO*S The average monthly number of employees during the year was.. 7 2025 Numb•r' 2024 Number Staff engaged In care of anlmals Employm•nt costs 2025, 2024 Wages and salarles Other pension Costs 84,981 1,284 84.034 1,413 86,264 85,447 There wère no empltsyees whose annual remuneratlon was more than £60,000. 11 T•M•tlon The charity Is exempt from taxation on Its activities because all Its income Is èpplled for charitable purposes. 14-
A.W.L.N. FOALS & HORSES SANCTUARY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH2025 Trnz5ble fixed assets Freehold land Leasehold •hd b4uldin65 lrnprovements A•nt and equlpment Flthres and Motsr vehlcl¢s f4tt1n£s Totsl Cost At l April 2024 201,750 6,198 3,763 2.305 215,9)6 At 31 March 2025 201,750 6,198 3.763 2.305 1,89 215,9)6 D•pr•¢l•tlon 4nd Impalm)•nt At l Aprll 2024 Depreciation charged In the year 6,198 3,387 1,950 13,310 89 23 206 At 31 March 2025 6,198 3,481 2,039 1,798 13,516 C•rrylniamount At 31 March 2025 201,750 282 266 202,39) At 31 March 2024 201.750 376 355 115 202,596 13 Stscks 2025 2024 Raw materlals and consumables 3CQ 14 D•btors Amounts falllnz du¥ wlthln on• yejr.. 2015 2024 Prepayments and accrued Income 771 771 15
A.W.L.N. FOALS & HORSES SANcfuARY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Louns and overdrnfts 2025 2024 Othor loans 130,LIX) 130,000 Poyable after one year 130,CQO 130,CMJO Amounts Sncluded above which fall due after five years: Payable other than by Instalments 1130,CQOI The long-term loans are seeured by flxed charges over the land at Red5hell Lane In July 2001, the Charlty was lent the sum of £130,oc() by Mr G Quinton, a supporter of the charity, in order to assist It to purchase the land at Redshell Lane from whlch the Charity operates. The terms of the loan are thèF no repayment Is required providing Interest is payable tr41ce-yearly to Mr Qulnton's wife at a rate equal to the base-tate published by Lloyds TS8 Bank plc. Mr Quinton has a legal charge over the property whlc17 would be Invoked in the evont of various conditions being breached including that concerning the prompt payment of Interest. as well ès the care of the land at Red5hell Lane. 16 Cr•dltors.' amounts hlllni du• wlthln on• year 2025 2024 Other taxation and soclal security Atcruals and deferred income 981 1,686 36,068 1,584 2,667 37,652 17 Cr•dltots: amounts hllln£ due after mor• than on• y•*r 2025 2024 Borrowings 130,0 130,000 18 R•tlrement ben•flt schom•s Deflned contributlon s¢hgm•s 2(125 2024 Charge to profit or loss in respect of defined tontributlon schèmes 1,413 The charity operates a defined contribution penslon scheme for all qualifying employees. Thé asse held separately from those of the charity in an independently administered fund. of the scheme are
A.W.L.N. FOALS & HORSES SANCTUARY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH2025 19 Unrestrlrtéd tunds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which Ke not subject to specific conditions by donors and grantors as to how they may be used. These include designated fun which have been set aside out of unrestrlcted funds by the trustees for specific purposes. At l Aprll 2024 Incomlng rosources Resources •xp•nd•d At 31 March 2025 General funds 19J,144 274,441 1194,1411 270,444 Pr•vlou$ y••r: At l Aprll 2023 Incomlni resour$ R•sourc•s ' èxwnded At 31 March 2024 General funds 249,584 112,360 1171,8CQI I,144 20 P*l4tsd pirtytr•ns•rtlons There were no dlsclosable related party transactions durlns the year12024- none). 17-