REGISTERED COMPAIYY NUMBEK. 03920946 (EDgl&ud and Walu) REGISTERED CHAIUTY NUMBER: 1080522 REPORT OF THE DIRECTOILS AND AiVDITED FINANCIAL sTATEmEs FOR THE YEAR ENDED 31 DECEMBER2O23 FOR THE IRJSH DRAUGFrr HOILSE SOCIETY {GREAT BRITAIN)
THE IRISH DRAUGRrr HORSE SOCIETY (GREAT BRITAIN) coiYrEf4TS OF THE FINANCIAL STATEMENTS for the Year Ended 31 Dt¢wb¢r 2023 C•mp•ny IDf•nMtIo R¢p)rt of tht DiJYttOf5 Re}rt of the Altr Stte]aeDt of Fin&nei Adivrties St•t¢TheDI of Finanefjl Pwt 10
THE IRISH DRAucifT HOILSE socIErY IGREATBiirrAI COMPANY FoR[40N, FINAi¥CtAL sfATEMENfs FOR THE YEAR EYDED 31 DECEMBER 2023 DIBECtoKs: J W Nobiett. Cknit H M Cknpiin. VI Cjja S DBellkn lapp)iut¢d l Awil 2024) A L D&VS EH Davits A (5]£[ 15 Febnw 2024} B L•JJE]ty M¢Kim {atv)tDtC4E l Awtl 2024) L L StaTiLDg (rtsigned 11 June 20241 N Wakefjeld DE w10 15 Fcbnw2024) A M Western MEMWil K (4)Ek)iMtrd l A1 20241 SECRETARY: EH Davits REGISTER OFFICE: 2 maMrFz GN Old WotSTrton R1 Old Wolrton Milkn) Keyr MK12 5NN PRCAL 0cL. Carjisk CA4 9RH REGISTEPID Ni)MBEiL. CIL41UTY IiEGlStERED NUMBKK. 1080522 INDEPEf4DENT AUDrroRS: Farm Court Old WolvcTlon Ro] Old WolvertOD Milton K¢yrt6 MKi2 5NN B•rc]a)F Bonk ple Ayksbury P201
(GREAT BRITAIN) REPORTOF THE DIREcfoKS fDrlbt Ye4rFAth 31 Dttembet 2023 STATUS Th¢ So¢i¢ty ts lth a lty {r¢8i#edDuEfLb¢r 1080522) a c¥Jll4xlly. llKOrP)T OD 7 Febrw 2(W at1 litnited by guarath Iregster¢d nutther 030940. A% its governing ¢knJmerf is its MerrM)raTrkn otxl Articles of AslatiO]L It is affi]iateAI lo the hol&r of the trith DrwW $th)k of ori8in in IT¢lthl c• Hott¢ Spxtlr¢]aTrJ. PRciPAL AcfTriTI' The principaI 1]Vity ofth£ in Yeview tl of(wiry out obie&ts oftk lty. btsijjg to DIRECFORS diicaors slM)wn l%hw hav¢ heTdoffKt trK of l JaDWy 2023 ID datc ofthis rcp Mr5 H M Chaplitl Mrs J Comthvrai Mr A L D8vie5 Ms E H Davies MrsN GTUE MrJ W Noblett Mr N Wgknfield Mr9MEMWiL Other ditectoys hoidingoffice ateAS fiTrllowJ: Mr J M D S¢ale- tZ5i• 10 Febw 2023 Mr B W G&r5. [rsig[d 31 Mar¢b 2023 Mrs C A Ruthj. resigd 31 2023 Mr5 A M Westeyn- akwitrted 2 Aprtl 2023 Ms K WiL9)n- l Aprs12024 Mr B tangiey McKllll-app)iTKvJ l April 2024 frs g Bensots- apFrf>intrd l April 2024 Mrs D É W4]ton- Tesipd 15 Febnwy 2024 MrA Ptrilli. r¢55&Kd 15 Fciw 2024 Ms L L 5taTlinB- Yes]wJ I l Jur£ 2024 STRUCTUBL GOVERNANCE AND MANAGEMEKr In t¢c(Kdorw with tl Society's Arri¢ks of AwiatN)D th¢ ColI wmpri5¢5 a mitiimLWt of 12 8JMJ of IJ Dinof5. Any Mcmtr wlKk hd5 bcfn a M¢uJiKr olthe Society for a tErN)d of & lew o)nwtive ye8rs ts elillibk for ¢lection to the CourKil. Prowtive w¥Jith are ywited kn 5utrAllit a ttlI forni. If of esndidates ¢ACce numb¢r of VarIci¢S on the Coutil a iwjkn 15 he Dirtdots ale ekaed ty serye for a periiKI of four yws n)n¢ing fro the first Counoil Jiletti after l a1 up to fow d[[T$ yryll ]re on 31 March and eliwble to stand for tlei0 witknut fitrtFtt PiltIo[L At thi% dtrth ekct fv otFJLfTS. Vice Cha]rlln and ComrAJy Serxetsry IwhD Treas} wK> are Joti)Y Tt4X)tLS]bte for ma]xgcJtwi of i a¢wrdan(¢ with th¢ p)licies awroyal by ts Cu[lI. Paid Admini [trtIng kn the COmrnY Stary STe Society and cortsid¢r ts Ch8rity8 stratrgi¢s for kniDg tIK appovcd obicCttY Risk is Lwricd out for all ajor cvcnts with particu]ar eroptWi5 Ory Ir41th aThE safety. als> h&$ a robwt Safeguuding Policy lor thildtry) and vulnerable adults Fry Tre Stra)wll>g cow11.
THE IIUSH DRAUGITf HOILSE SOCIETY {CRKAT BRITAI) RKPORT OFTHE DIREcfoRS- eotillll¢d for the Ytar Endtd 31 Dettmber 2023 Following the Of0 Irustee in February 2023 and 1wo retiring in M8r¢h 2023, tlwe w#e 3 vacancies to fill. As there w&s 01Y one nomttAtion receiv a b411ot was Njt requred. new Counci] comprising of 14 metnber met on 2 April 2023 10 elrft tfs Officers for the ejll1tsg year. James Noblett and Heather Chaplin were ¢l¢¢t¢d utwnim¢u31y Chair and vi Chair. With Brian fjat&s rclirtng from 3L51 March 2023. H¢lena Davi¢5 volutheered a]Ml w&8 elected unanim0$]Y as Treasurer and Comp. S. Brian Ges nominated to become a Life Patron as A mark of reLo8DitsoD for thc ex•ionai $¢rVi to tkn &iEty o¥¢r fk ycw5. This The Society is a founder membty ofThE Showing COL aty Utnbrelja orgall11o sd in 2006 to represart thc hotse thowing St£ on the BrRlisb Eqwstri8n Fed¢MÉorL The goci is 8Jso 8 methber of the ¥26 Equine Ass(Ki¥fion 1¢h Set wp in 2018 represent the vi¢ws aj ititere&ts of sthdbook PIOstO DEFRA aTwJ the widu world. RiVIEW OF MAIN ACTIVITIES Following the 2022 Arllwat Bretsl $lK)w. the Show Tfam be8an th¢ir wepuiovs for the 2023 show whiGh w&s held at Onley Gff>uT Equestriau CoDwlex Rugty in Wanvitk5hirc OD & 3nl Septemkr 2023. Jane ITtEbu5h was appoittted Show Director. One of the fjrst chattg¢5 WdS the of the show. The Annual Show is a showcw for the Breed and with the finals of the IDHSIGB) Ridden £2.0 (Idl¢g< Moorbentthpll ID Youn8Stock Thallenge and the re•instsl¢ment of the ID Sports Horse YouDgstock CIlenge itt 2tr23. the slWW&S r¢named to the National Championship Show. Th¢ Show Tea a]so look•J at the f¢xmot of th¢ SI kIng x>rn¢ changw to the wevious ye818 ti]N¢table to itiBlu(k two Champiotithip Gal4 an EvcniDg Championship Gala on the Saturday aThd an Aftwioon Chwiouship Gala on the Sunday. Even entriw down sli)t1Y from the previous year. the Nional CIMmpionship Sknw a swGe&s. A $Ila1 hank y. to vajued sponsors %vbts contributed record don81iotkg again this year. A huge h5nk you- to the SIM)w Tum in 2023, all volullters and are continuing to t8k¢ a¢¢ivr rolc• 2024. There were 45 marrf ipected for gr&Jing throughout the UK in 2023 with 36 meelin8 the inspectio requiremts for Ci95s 1. Two of these mares alts]d 8WIIXI for Ix)th the Conf¢)rmstioTh & Movement elem¢n a¢hieviDg Brol Merit award& Thrte llwes received Bro Merits in Show Jwing. Two Irish Drdught Sport HoT5¢ fEW¢5 ail th¢ inspectiott rtyuir¢TllLS for the supplenmY GltsUp registrr of the Main Studbook. Sevets mare5 dtd not med ail of tr insrl0 rUlema f(K cl I so these rwes IHve been ¢las5ifia as Class Th¢ Soctety toDtiDU&s be indebted lo the Hornby tA>A$dt for providing fidS to promot¢ the Hornby P]rmiu]n Brood M¢ stheme, d¢visaJ th identify atKI rwDJse IIN)se exwtiottwl iaj the breedtDg httd that conform to the Breed Standard at¥J typ¢. The sdwlle was developed to eOurage mart owners to breed back to reSterd Irtsh rjraught stdlioThs to produce pure Irish twi foals and illCTe&e the numbcr of marcs and tKTri¢ryti sta]lions in the breedill8 h¢rd. T¢ Clw l or RtD with a f1 fpDt by a Class l or RID sTalliO were 4W4rdryJ Hornby Pr¢EllSUllJS this year. The combined stallion and maye irtsp¢dioI trM)k plxc at ODley Grounds Equestriarn Complex on 5th Apnl aDd 18th October wh¢r¢ eight stallions fon¥ard the tw) das. Of the ei8bt stslliotL5 wMplet8 their ins]0 four met th¢ requirtd v¢teTinary and ijLTr¢CtiQU 51a[m (or Cl&ss l. Four stallio p&4ed th¢ vet but did meet all of the insptrtion stand&ds so th¢y wrre clwifi¢iJ as Cl5 2. OnGc agam the Society is illdebt to the late Bernard Symonds aryi Mrs Pam for th¢iT getWOU8 Sknptwjrt throuth the BLS Awards DTesented to the two Brittsh brcd Class i sta]Iions. Tiiank you also 10 Horse SI Ire18nd kjndty provitsj %hes 8#d ros¢ttes foi the Irish bred horw hieh achieved Class 1. Pa8¢ 3
THE IIUSH DIl4uGIMORsK SOCIETY {GREATBRrrAIN) REPORT OFIBE DIRECTOKS.eoitinu¢d for tkn YeArFdea 31 D¢tbtY2023 PELIcATIONs AFID PUBUCITY The Htb8rte £ontillu¢s to play a ill (kytodtyruDDwJg of the So¢iety by pmvthg a knowledg¢ JTKI di5[tIng to ullforewi pubiie4tioD of the 2022 Yettboth ¢klayed witb ryetving 8 cryy in July 2023. t¢au] of vOlt&S Started on th¢ 2023 Ye3rlKth sK)ftly the ¢jiStrJ10n Of the 2022 unfoJJoatcly tlwe a delay in geititl8 the pllbli¢atioD out to th them115 gt t] datL The 2023 Yead)th Jms beeD ernwled to Ornbet5 in two pgtts, the 5t P9rtittJu]y 2024 gndthE r•rtits Scptsmkn2024. A YeaTbwktsoDJbasbea awoittr41 for the 2024 Y¢wbook ADTrIINISTrITION io utsdeTtsken on khalf ofthe by Ptsl]g¢e L&Yeootk ijd. M•rttrrs b&ve bafiled fro]n servi thTDugh day to day aGLw fivtnmonday FridaY 9.(112 5.fx FINAf4C£ Twnover forthe up by0.3c ts previous ye4r. After the k&4 of wox £5.0(X> ill 2022 forthe hor5¢ weaioD4 in 2023 &re was a uer profit of£l.700 with fewErm8r¢s FKJL8 The Souuy bcen w milldfid of the involv&1 by lop rnIn¢. Tht N&iona] Ckn¥iothip Sbow. al¢b(Mt8b with tha]Jtr previ yw. nJe a ll¢t Profit of £3,048. 1 happytotrythtthtth¢ s1] alloll ty OffI4229]ti 21)23 • to ad¢ftii of£6,117 in2021 RESERVES PUBI.IC BENEFIT of the charity out]tDed inttrtwrtare 1¢11( fiL Thc Socirtyprnvits iDfornJatio) on all &ysofthe Irish nthofd lety grtd Advi¢t FLTURE PLANS The coDtiDu¢d deve]oprnentof th¢ Coulld 5ubgroY41$ kn iuchKkJKKL-Couts¢Jl With relwtxwtiEe wal &th¢thc Soci¢ty
THE IRISH DRAUGwf HOKSE sOcy (CREAT BRrrAIW REPORTOF THE DIRECTOILS. eontinued for the Year Elldtd 31 ikttmbtr 2023 STATEMENf OF DIREOlL$. RESPONSIBILfnES ith appli1¢ law and regut&iotLS. COmpY law requires the d]r}Is to Fryare fin181 stannts fi>r each fiDsncial yw. Undff that law the directors have elected to prepare tbe ternets in 8cwrdaD(% wtth United Kttigdom fjencrally Accepts Accounting Practice (United Kingdom AxtIng S¢andard5 and applicable law). und ¢ompany law the directt>rs Tllust noi appmve the finla1 Statem unless they ar¢ wisfied that 8iv¢ a true and fair view of the stste of affairs of the ¢ompany and of ttr Shl% or deficit of cornpny for that puiod tn wep8ring these finan¢iai stAtements. the DirectOT5 are Twuirsj kn.. - select suitsbl¢ aounting poli¢i¢s and then apply th COL81#y. . rnake judgemcnts and atcoutttin8 estittotes ¥rE rwonablc aryj prudu The dir&lor5 are resroJbe for keeping &d&ve aets)urW rrtords that 8rE sufficient to show and explain the conwny's transacts08 attd dilOse with reasot¥bl¢ 4(XXTra¢y at any time the farla1 position of th¢ cotwy and ¢n2blc them io ¢nsu¥t that the financia] statements compty with th¢ Con]panies Act 2]6. They are also TesFonsible for safeguarding the assets of the company and hence foT tsking Teason&blt steps for the prevention and detection of fraud and other irreguiatie The thre¢t5. report approv&1 by trB(rd ofDirnxo This r¢port has been pryared iti aCcoffdw with the yiaE Fwvision5 of Part IS of the Compant¢s AL 2006 relatitr tr> small ¢OTllP8ni¢$. ON BEHAIS OF THE BOARD: E H Davies. C(a Sc• & Tre&suter
REPORT OF THE INDEPENDEiYf AUDrroRS TO THE MEMBERS OF THE IIUSH DRAUGHT HORSE SOCIETY {CREAT BRfrAINI Opirion We have audited the financial thteMts of The Irish Draught Horse SIKiety (Great Britain) for the year end&J 3 1 Decenthcr 2023 which comprise th¢ Stat¢metst of Fillanrial ActivitÈes. Statement of Financial Positioll alld the related llotrs. Th¢ fhCial framewotk thal has been applied in thetr preiwation is applicable law and United Kiti8dtsm AwouDiiug Swidard% including Ftllaurial Report&Dg Statthrd 102 Tr¢ Finallciai Reponing Standard 8ppli¢able in the UK attd Republi¢ of Irel8nd (United Kingdom Geoernlly Accepted At¢(M]ntin8 Practice}. In our opinion the fiDanciaE st8temffl.. give a ttue and fair view of the state of the c]witabl¢ ¢¥)m9 affairs &8 at 31 ikcember 2023 of its it)coming T¢sources for the year then ¢nde41' . bave tt¢n propcTly prerAted ill accordan¢¢ with United Kingdom Generalty A¢ceFed Accounttng Practice; and . have pr¢por¢d ID aordanCe the requir¢motts of th6 compn5 Ad 21)06. Basts for opttylo We conductrd audit in accordance with Internati(1 &aryJaTds OD Audirtng (UK) (ISAS (UK)) and applicable law. Our resporsibAlities uttder those standarth ar¢ firrh¢r de9CrIb in the Audtiors, ttspoTr8ibRltti¢s forth¢ audit of the fllJ8n¢ial stat¢mcnts Section of our re. We are ]nd¢)dent of the charitsble colnpany in accordance with the ethical requIrellnIg that are relevant to our audit of the financial statejnents iti the UK includiti8 th¢ FRC'$ Ethical Standard, alld we bav¢ lfilled our other ethical rwMLsibilibes in accordance with these requirernents. We believe that the audit evidence we have obtsined i5 sufficient and apprwiate to prnvide a basis for our opiDion. Conclllsion$ relating to eoille coneern W¢ have nothtttg to report of th¢ follownhg matkn ill r¢lion to wbith the lSAs (ifK) r¢quire us to reporttoyou where.. - the director5, us¢ of th¢ 8oin8 concern FA81$ of a¢¢(Rurtins I the preparatiwl of the ISnla1 statrments is noi 8ppropri2te,' OT . the directors have not disclosed io the financial statements any id¢niifi¢d uncenaitities that may casl sigllificani d(NJIK abo the clwitsble ¢ompanYs ability to continue to #dopt the going concern b&%i8 of accounting for a Friod of at tsvelve Mth$ from the date when fJDaDciaJ ststements 8re authorised for i8su& Other Informatio The diyectors or¢ rwnsiTrJle ftTrr the other tnforniaiion. The oth¢T infm8tion comprises the inforn]atiim in the keport of the Dire¢t(rt, but does not ]lUde the s1ents and ow Reptsrt of the Auditors th¢r¢on. Our opinion on the firtan¢ia] stst¢m¢nts do¢s not cover the other infOnOn and we do not express atty form 0£ In GOt]llection with our audit of the fina]41 Stamen our rwibiitry is to read th¢ other inforn]ation IT) doing so. consider whether the other infornwtion is rnthally ÈncoDSiStent with the fJnancia] statements or our knowl¢dge obtaincd in the audit or othcrwise appears to tnaterially miss. If, bd on the wo] w¢ haye performe( we Concl that there is a material misstatement of this other Infimati we are requId to report OpiDilllI 011 Otber matter prestribtd by the Compai¢s Aet 2 In our opinion, based on th¢ wot mdutskcn in th¢ course of i)ur audit - the infomiatioll givcn in th¢ R¢wt of th¢ Dir10[5 for the financial year for whi¢h the fjnanciai sta¢em¢nts are prcparcd is consisteM wittt the fjnanciai sralenKnL8; and . the Report of the Directors kn been prepard in rdance with applicable legal requiremellts. Pa9e 8
REPORT OFTHK INDKPENDENT AUDTTORSTO THE MEMBERS OF IYE IRISH DRAUGirr HORSE s(Ty IGREAT BRITAINI Matters on whirb wc art rrquirrd to r¢p>rt by exctptie In the light of thc kwI¢ge atsl ofthe Com[ 8TrJ its environmam otlaitJ in the cow ofthe We have ts)thingto IC[)rt in rnptoftk folioryrnth wknthe Q)tTVDie8 Ad 21Mkn r4uires $tor)rtIO you 1£ in owopinithr branclKs ]wt visiied by or - certain discloswts of dirlOrS, yrration 5p¢Gifid by law areTh ot - we have no( received all the itktornwion aThl eXpltiO we r4vi forow or . d]rEs were rto¢ elllled to prwe the finarKiai slattffj in &o)rd8nL% with the 5rnall co]npanies r¢glme "dnd take lvatrtage of th¢ a)mtl¢s, fivm tF£ rcquirarlert to rKetw¢ a Slrat¢gic Rqmmt or in prepatitig th¢ Rewrtofthe Dire¢ty. R¢sponMThi]its o¢dinYdors As explain¢d more fully in the Stst¢rnert of Dthr$. Rev[ibIlItieS sel out ¢)n page foLf. the dire£tors are resw>nsibLe fi)r th¢ prttw&2on of the firaTKial salts aJMI frff trKiDg 5aD5fir4J thjt thry give a and fair Yi¢w, attd for suth Intern control Is the d]retr[s (kttrml 58ry to C4th1¢ th¢ wrdtton of fJnatKiai Stat¢1 In Prepsring the finla1 tl dirtttor5 8Te for &Se&81 the cTrAitable ¢omwisls abilty to coErtin &8 a going concern. di10$1n& as applicabl4 wnatters Ttlated kn 80ing and the going (%ncem is of accounting unle55 thE dirttlors cillw iTrteThl to liquida c1[ab]C L¥mtwry or th ccase OLor or have m Tc4l>stic a]tcrnativc but to &) . A¥ditOTS' respottlbiliiits for the •di¢ of tke fin¢i•l s¢•tern•ts Our objectsves are to obtsin re&g)tJable &8SUr ats) whth the finatlcial ST as a wtA)le ate free from matrrial Milatr[[Ltrt whcthu du¢ tt> or eThor. is5 a Rewrt oftbe Awjitors that Incl OUT opinion. ReaD#b]e &Wra És a high level of ass¢, but is mi agwantrc that 8tt audit condua¢AI in aworda[¢ with ISAS IUK) will always d&ect a ntstaial mtsstateni it exists. Nfisststettthts ¢an arise from fr8ud or ernhr nd ¢Idered 31¢rial if, indivioknlly or ITL the 88rn they cou]d rt84)llably E¢ e¥pwt¢d to lufiuee the ¢YA)mmic deei%ioI of userntsken OD ttrtfjsis of ttse fila1 S13tcll5. litle wtth ow res1bli]e4 Itl atKJv& d&1 muial missWents in re of irreguiariues, ]rKIjIng )mmit fraud or provide an Op[thlty to u>tnmit fraud (.fra risk factors'l to deterrri knw fra risks #r¢ rel¢v1 to our aLL Bwd on auditiTg 8tatthd8 w¢ two fra1 risks that were rekvaTLt to our in relation to TEvern recogTEition rnanagellth ovttrith of Ix)ntroJL B&d w ow a]wly5is of fraud risk fa¢lor4 we have ithiiG¢d ltiOnaL fra1 Fisks. OLtr audit woc&iures in¢lud¢d an cvaJu&ion of tr desig impkmcllthon well &% thr olan¥ ¢ff¢¢tiYCrt of intema] controls Televant to miti82 these risk%. We alg) FwFwmeA sultsntive alIt rxorkn. irtlulin8detailed ttstin8 of journa] entries and woc¢(hwes ts) saDsfy owselvw that TevMu¢ beffl propErly Tyw$¢4 in the We tove ev81uattyJ frdcts and in orthr th asy83 law5 alld rtgukntiom Tel¢vJm w thr clmiTabl¢ company. WE ithntified greas of laws aj r¢gulatiotts that ¢ouhJ T¢&%QtMbly k expethj to bve A m8terial effect on thc financi& througb distr10 with Direc$ {& required by aythtln8dars} and dis¢4]8sed wilh the Directors the rolictts aTLd rEgthing oJMpliae with laws ayl reEuiatiOAS. W¢ comtnuDicatcd idenlified laws ard dtiOnS throU8kn ow trtt) ard r£maiT alert to any Indica of Th)D4omplia tttyoughouL th¢ diL Page 7
REPORT OF THE INDEPE[KIr AUDITOILS TO THE MEMBERS OF THE IRISH DRAUGHT HOKSE SOCIETY (GREAT BRITAIN) Auditing standards limit rtyuired audit procedures to identify noth¢0]PI]Hnr¢ with these regulations to ¢nquiry of the Directors and inspectlon of regulatory and le8al wryeswthce. if any. Througb these procedures we did not identify any tn8t¢rid ors• ThTrcoll]plianc¢. W¢ noi¢ that our audii is not prllwily desig1 de¢t lIa< wlth lfftws aj rBgulatiQDS Jnd th¢ Directors aye res)nSible for such internal control &s the Directors of the Company determine ig neeary to ¢nable the pr¢parntion of financial 5tatcrnents that are fre¢ from rnatsrid misslat¢menl whether du¢ to ¢nr)rs or frau includtog eompliatitt with ]aws tsnd regulats'ons. Additionally. owtng to the ittherettt limitation$ of an audiL there is an unavoidable Tisk that we may ]K)t have detetted solne mat¢rial misst4ternets in th¢ financiAI stat¢monts, even though we have property planned and perfed our audit in ¢ance with auditing stsndarth. We are tLOt responsli le for weventing nonw¢ompliat)ce at)d CIT be ex to del Jx)woWli¢c with a]1 laws regulotithns. A fijrther descriptlon of our respon5ibiliiles for the audlt of the flnancial statements is lo¢ated on the Financial Reportin8 Councii'g website at www.frc.or&uklauditor5resp)Dsibilities. This degcription forn part of our Rwrt of the Auditors. UJ¢ of our report This report is made solely to the cban'table companS gs A b(fy, in accorknee with Ch¥pter 3 of Part 16 of thc Cornpanic3 2006. Our audit ha3 bcM urnlutaknn so that w¢ mighi sthtc io the chartthbl¢ CompY'S Membe thos¢ matt¢rs we ar¢ required to stst¢ to th¢m in 8 Rewt of th¢ AudEtsTh and for no other purpose. To the Ile5t ¢xt¢nt pennitt¢d by law. we do Dot a¢pl or 453um¢ r¢SnsibIlIty to lYOne other than the ch8rithbl¢ company and its memE¢rs as A b(y, f(r our audit forthis reporL w for the opints)ns we have forni¢d. Zubair Arsbad {Senior Stsiutory Auditor) for and on of Ad V4]or¢m Audii S¢rvi¢¢s Limit¢d Chartered Certified Accoun18nts & Ststutory Auditors 2 Manor Fann Court Old Wolverton Road Old Wolv¢rto Milton Keyi)es Buckinghamshire MK12 5NN 09 DeceThber 2024
THE IRISH DRAUGlfT HORSE SOCIETY {GREAT BRITAUI ATEMENT OF FINANCIAL ACTIVIIIFS IINCLUDING INCOME AND EXPENDfruRE ACCOUNT) FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER2O23 2023 2023 2023 Untthdal Tota] 2022 Totsl INCOME AP4D ENDOWMENfs FROM: Don#tions and legacies InVestmt5 Charitable a¢tiviti& TOTAL IF4COME AND ENDOWMErfrs 2.123 1.109 109280 112J)2 5.1(K¥ 2,771 197 114.294 117,262 1,IC8 109 117.612 5.1(Kl EENDITuRE ON: Charitable activitieg Oth¢r TOTAL EXPENDITURE 89,652 11.391 101,043 2J40 91,9Y2 108,083 15,296 123 379 2340 103 83 NET INeOMEI(LOSS) 11.469 2.760 14229 (6,117) Tr¥fer fund$ Net •ov8m¢nt of fu#ds 2.760 14229 (6,117) RecoD¢ilixtioD of Futtds Total Funds br fmyard 29,165 4.761 33.926 40,043 Totsl Funds cauied f(M74rard There have beep ]fCO8nis¢d gain5 the [Clts fvthe fin8Dcial year and all TKofits or losse5 Iwe been a[Untrd foron an historical cost b4si&
(GREAT BRTfAIN) 31.122) 31.1122 741 107 &7 315 L7YJ ioJ 7.nl 67A• CR8Dm)x8 47 33 ij 29.165 JWN l3 131it124. P•iO
THE IRISH DRAUG[ lloE sTy GREAT BRAIN) NOTLS TO THE FINANCIAL sfATEMENTS ror the Yar FAdtd31 D¢ttwber21b23 I. STATVTORY tNFOIIMATIOF4 The Irish Dr8ueht Ilorse SIKLcty (Gtot Bri) * a wiv iry sumty ID Fa¥j Th¢pteSWLtsTh) ¢WTellCy oftt% knL7ai isth¢ Strrfing(£l 2.STAT¥hlEKf ()F COMPI.IANCE The fiJ)ancial suemeots of ¢k•ritsbl¢ is a wbliG utity utht FRS 101 hav¢ ien pr¢pathl aGcord•Kc with Charittes SORTr (FRS 1021 'A¢w• Rwlw8 by Ckn'tiES." St&cl of RecomtllerKted Pr8¢ts¢e cRbl¢ to ckn'tscs pr¢pffth¥ ill xaJrdoD¢¢ wjth the FwBll¢[ RcportsnB Stthd p11¢$ble ID th¢ UK aDd Republte of Iretsnd (FRS 1021 leffe¢ttN% i 2019y. Sththd 102 Tr FJllaDci Repo¥ Sthnd¥d applicable ID the UK aDd R£Pli¢ of Irel. •tsJ th¢ Com• Ai# 2[¥)6 11% httve prtpthd the htoric ¢VDv¢niioA 3. ACCOIJNTtNC POLlCtES R¢tO8nllDn of kn¢ome and expe•w In¢ott% froTh dono¢ioll4 subj1P0n •rMJ salts of re Tewi%d ¢h'ty 15 l¢BaUy enuded to ullirne th¢ qwttfied wuh hr¢ha8e 0frnUrthi all c4yell re ¢harBcd they 8me. Inw'ble a55¢ts Dre iwllally Jnctsurcd ¢(rt After ll•rw'bk k8$ T11b nxtd I)eprecia¢n i.gprwi&d •t th follo•w r1 inoTderityoff ¢4th8•thXOW its ¢Mllraed lih. eqwpmfflt.20% oo tox Diiplay tylilcr -20%onw Stock¥ Sloth for t¢ [¢ th¢ lowr of •ft¢r tiwkiD8 allow1 forob201¢tr sJs)Wann8 Tillon held by ehonty vithEr' UDrestrt¢t¢d fity]ts. lkne aTe firyL8 Nthi¢h un be in Ik (Arithble obje45 Bt diAtrcfion of the Js reco8nised as itK¥>]rx 1vtr th¢ ¢knity br< ¢ntsil¢d kn the inu1¢ 48 a reyjli of •d1vit3 dTcady rnsourreg Imtsi kn •thitics bsve b¢¢OFhr Re5th'tted . these Bre tht be for rnErid¢d p[5 withiD (4>je(ts ot the cknty H0rllbyTnlaDd BLS Cojt AINwd. Dtbtort Attd ¢redTlorJ rttel¥ibWpayal wlthl• olt y*Ar Iom lSubS from aTr• th¢ offjrA
IGHIAY BRtfA f•Tthe Yur Kndedjl Iletwbtr2•1J ¥AnOAP4 UGAC HT.8fJltCTfW 1123 Bk inr¢ 197 1023 R¢wstrnti( gionf 41MI 13.rJ2 19.714 19.774 3J66 (4WI NW IDSho {4W) G¢Tr wd reb4ty Ctrihowi 730 inin4irKoml 95 153 65 Trycome From2ty)d 109 7. KXPENDrruiixop4 alARrrABIAAcnviTirs 1lJ47 16J45 16.720 1456 IV19 I•3$ i65 1&726 1450 2J20 Ify) 196 93J Ft_S Awdll Fkntnby Snowf¢dQBBttthD8 1375 1375 149 p.iy •.1 39 200aubsXaex[*tt 345 4X) J.036 fA743 STTPPORTCOTr.4 24y5 24.945 5J58 33J49 623 OL11 &AGM 24 324 91 Py12
TUE IRISH DRAUGirr HOIISE (GR&4T BRrrAIN) (r TOTHE biNANCEAL sfATEMENTS. tomti#ued forlheYtr 31 DeeeAber 2 & OTHER EXFFD[TuRE 21)23 2022 Wa8eS OffKe ¢(ls T¢lcpholle & PriDtillg & statio 24.435 6,613 230 721 1261 24.435 6.613 33211 7,867 2,144 202 1248 721 1261 t30n Orptrad fr¢s& fitt 33260 33260 44.732 AIIouatiL to 5UFPXt ¢xts 8J15 8,315 AudiloTs' re[DunItion 0therproftssl( ebiryes B8nk ¢hY8eg 1.000 888 U25 1tr16 2.076 91 9. INTANGIBI.b FIXKD ASSLT Websito cosi. At I JBnuory 2023 143 6.143 Ai 31 D•Ir 2023 AMORTISATIOI¥ Al l January 2023 Ch¥T¥e rot IhÈ)wr 3J48 3.348 Al 31 D¢slr 2023 NET BOOK VAI,UE Al 31 Dm¢t 2023 748 A¢3l D¢¢4mtr 2022 10. TANGIBLE FIXED A&8ETS TofaiÉ Tr4ikr ryuipJn¢m cosr AI I jEry2023 Additioos Digw5als &17J 7.975 Ai 31 Dllber2023 7,975 DEPRECIATION At l January 2023 Cbatge foTyC4T E]]min on 5.957 7,757 At31 W23 1.8(X) 7.868 NET BOOK VALUE At 31 Dtrembw2023 i( At 31 Decth 2022 218 218 P4e 13
THE tiUSH DRAUGEfr HORSK S(llET¥ (GREAT BIUTA NOTES TO TEE FINANCL4L StAIYMEm.ewti•y¢41 f•r the Yor g•ded 31 De¢ethber2•1J 11. DEYTORS: AMOUPItS FALLING DUE WtIlllPl OP4E YL4R 31.1123 31.1222 Trth dthtord 7276 3.052 3240 3,042 1,639 OttKr d¢btors 11 CREDITO. AMOUNTS VAIIJNC DifE WITHIN ONE YEAR 31.1123 31.12.22 IQ967 482 &879 IOJ72 Tallon and soc] security A]S Ind ¢kferred iDculle 3.744 14.116 IJ. DEFERRED INCOME 31.1123 1193 7.679 193 31.1222 Bai4n¢¢ broryhl fonvurd Aojitwj duri1 th¢ y¢4r AnK)unL8 released io.SofA Ba14no¢ wrid foThYwd STAFF COSTS Stsff togts •T¢ •n41y iti 8. 71r•%Yw nb¥rofpI0> the % folkM¥'. 31.1223 31.12.22 AdiD1lStsati0o No mttDi%r ofstaff rec41 4 fi1 liffle equiv8kn ineX¢0f£6Q( in wth¢pmicw >rw. FoWtnLyt httve b) r¢imbJraeA knirus 14[¢dthern &uiD8Ils>of £231612022.. £aill. IS 1NDs At At Expmthth 31.1223 UnTtstricted fund Aeeuttknllated fLth Restrlcttd I•d% HornbyTrust BLS Colt Award 12 1.375 716 249 1484 751 Tot*1 rtrtrietrd fuDds 4.761 2.340 7.521 fun Il7612 103 83 P¥8e 14
ThE IIUSH DRAUCITf HOIL8E SOCIETY (GREAT BRTTAI for the Year End¢d31 Deeembtr 2023 16, ANALYSIS OF NET ASSETS BETWEEN FUNDS Intangible Fix Nel cumt Fund Unrestrirted frnds Accumulated fthkd Restrict¢d fusMIs Hornby Tru BLS Colt Award Snowford GTan¢ 748 107 4286 2.484 751 2.484 751 17. RELATED PARTY TRANSACTIONS Thett are w rEled tran3aw(KG which wuire dL*lmJte. I& STATUS Th¢ c(fjnpany is lilljittyj by guar4utre and not bavt sbare witsl. Fach Jnetttbtr is liabl¢ to ¢ot3tribute a not exceeding £1 to the of the comrADy in theevent of8 winding. P88e 15