RECISTERED COMPANY NUMBER: 03920946 (EnglaDd and Wales) REGXSTERED CHAIUTY f4UMBER: IIW522 REPORT OF THE DIREcfoiLS AND FINANCIAL STATEMENTS FOR THE YEAR EIYDED 31 DECETrtBER 2024 FOR THE IRISH DRAUGAT HORSE SOCIETY IGIIEAT BRITATh)
IRISH DRAUGITf HORSE SOCIETY (GREAT BRITAIN) coNrENfs OF THE FINANCIAL STATEMENTS foT thé Year Ended 31 December 21)24 Pa8e Company InforDJ*tlo Report of the Dlrectors 2-7 Report Df the Indep¢nd¢nt Audltor 8-10 Statew¢Dt of FtIal Actfvltle8 li ststemettt of FILanelal Positioll 12 Nofey to the FSDan¢knl Ststenllts 13-17
THE IRISH DRAUGITT HOKSE SOCIETY {GREAT BRrrAIN) COMPANY INFORMATION FJNANCIAL STATEMENTS FOR THE YEAIi ENDED 31 DECKMBER 2024 J W Noblctt- Chair H M Chapliu- Vice a1[ S D Bejkson {apw)iDted l April 2024) J Cornthte A L Davi¢$ EH Davies (teSi8D¢d 31 March 2025) H J Ma¢kllan (fornrly Glendenning} N Gnthb A Phillips (resign 15 FebnJ8ry 2024) B Lan8l¢y McKitn (appointed l April 2024) L L Stsrling (resiglled I l Yun¢ 2024) N WakerId D E Walt} (rtsign¢d 15 February 2024) A M West¢Tn MEMWils K Wilson (appoitited l April 2024) J S Imbush {appointed l Awil 2025) M R Mortitir (appoIed l April 2025) J M Sarsfield (appointed l April 2025) SECRETARY: E H Davies (resiglled 31 March 2025) H M Chaplin {8PPOint¢d l April 2025) REGISTERED OFFICE: 2 M8norFarni Court Oidwolverton Road Old Wolverton Milton Keynes MK12 5NN PRINCIPAL OFFICE: HOItt HIMue Ainstsble Carli8k CA4 9RH REGisfERED NUMBKR: 03920946 CHAIUTY REGIST£1> 14UIVIBEIL" 1080522 JNDEPENDEI¥T AiJDITORS: Ad V&lorem Audit Serviccs LirDited Chart¢r¢d Cerfified Aecou)thts 2 MatY>rF8rn7 Court Old Wolverton Road Old Wolverton Milton Keynes MK12 5NN Barclays Bankplc Ayksbury Buckingbamsbire HP20 1 Page I
THE IRISH DRAUGHT HORSE SOC (GIIEAT BIUTAINI REPORT OF THE DIIIECTORS for the Yesr Ended 31 D¢ber 21b24 The directors prtscllttheir report with the financial of th¢ c4)r4wny for th¢ y¢8r 8>)dl 31 DeK6TnbEr 2024. rATUS The Society is both a charity (registered llUDthtr 1080522) atxl a LX)ll4)any. incotporaÉed on 7 February 2(K)O and litniteo by
rats (Yegistered 03920946). sucb its govpAoin8 docuitteut is its Memornu and Articles of AssociatiotL
The Objects of the Sociery, 28 defied illour Memornth of AS$12tiOn. is to weserv¢ and InrOVe Èkn lsh DrdU8ht Ho¢ atxl to promote attd maintaiti kngh statyJArth of btt¢din& confornthtioty qua]ity aDd $outtdttess. DIRECTORS The directors thOv below have b¢ld offict dwin8 the vknole of period from l Januw 2024 to the de ofthis relrt. Mrs H M p11 Mrs J CA)mthw&ite Mr A L Davies H J NI8cl¢llan (fornwly Mrs N Grnbb Mr J W Noblett MrN Wak¢fi¢ld Mrsm EM WilsoD MrsAM Wesrern Other chaDg¢s in directors boithg office a as follow8.' MSK Wi]80n- appoint¢d l 2024 Mr B IAo8ley McKim -appointed l Apni 2024 Mrs S Be]ll- appointed i April 2024 D E Walton- r¢signed 15 February 2024 Mr A Pbiillps-_ r4518Dj 15 Febnwy 2024 Ms L L Starling- tesi8ned I l Jutte 2024 J S Imb&b- appointul l April 2025 M R Mortimu- appointrd l ApTii 2025 J M Sarsfield- appointed l April 2025 Miss EHDavi¢s- resi8n¢d 31 Mar¢h 2025 Society's Articleg of Associ10 specify that the coll1] must have a minimwn of 12 and a EnLximum of 15 directyr5. Up to thTC¢ dir¢GtOE5 b¢ directly appoinied (co-opd) by th¢ Couttcij. provided that th¢ totsl tsU¢T llot ¢xr¢ed IS. Any persoll aged 18 y¢aTS and oyer who hag been # filll meulbtr of the Sooidy for a p10d of $t I$t two coNe¢utive years is eligible to stsDd fDi ¢l¢¢tion to the COU¢1. D¢¢ellth e4ch year, prowtive e8lldid¥le$ otr itiVit¢d to wbmit 4 Th)minl00 form end¢)rsfd by two other membcrs of the Scrfxety. The Society coThlucts prtseltioll cpndidate suilability in¢hy]ing a detsikd appiication forn and two written Teferenc There is a llOll•selective mt¢rvlew. If th¢ munber of wld&t¢S ¢xce¢ds the Dumber otvaeafjci&% on the Council. th¢ siety holds an independent postAi balloL Successful ¢andIdAt must sign a'.ttwstee dec]aration. This ipchyks th¢ legal requir¢m¢nÈ ¢0 safeffi p¢rsoll81 md * ¢ommitmEllt to adlw¢ to th¢ Society'$ poli¢i¢s. Directoffs start Én offi¢e on l April ODd normally wntiDU¢ for & tern of fouryears. At the ¢lld of their ty they8re eligible for ¢leLtion without firtber ttomintlits Since tbe l&st review of the Society's Articl of Association in De¢emb¢r2021. whi¢h reduced th¢ totsl numb¢r of true¢s from 16 to 15. sorne trustCe5' fctifwnt d&te8 hAv¢ been brought forw4rd by olle year to rne*t the requirem¢ot that four p¢ople retire Page 2
THE lliJsH DIi4UGJrt HORSE SOCIETY {CREAT BRITAJTh) REPORT OF THE DIRECTORS- contfnued for Ihe Year Euded 31 Derember 21124 During 2024. M$ L Stsrling. Mr A Phillips and D E Walton resigned &8 directors. M8 V CobhaTll a]so resId &4 VictrPre8id¢nU wbidL is not a dir¢ctor'sToIe. A ballot decidcd that Mr J NobktL fvtr N Wak¢ficld and Mr8 M E M Wilson would have their retireme brougbt fonvard by one year to comply with dLe requiTemeDt that four tteeS retire each year. Tjiree twv nomiDatiODS were receivaL As there were 13 candidaÈc8 foY 15 placffj th¢ was no r¢qui¢llt for 8n election ill 2024. Mrs S Bellso Mr B Langley-McKim aud K Wilson joined th¢ Cow]cil. At the fltst Coutsril ]neeting on or atler l April each year. tbe direcknry a ChairznaN Vice ChainnaN Honorary Treasurer and Cowtslly Secretary (who has b¢¢n. up ulltil l April 2025, the same person tbe Honorary Treasurer). These officers are jointly r&spo]Jsible for the maDagemettt oversight of the So¢iety in lille with the governing do¢unThts and the opeIatillg rules approvedby the Coun¢il. Atthe roeeting held on 4 April 2024. the following offiws wer¢ elected unanimously.. Mr J Newborougb.. President (not a diTeetOT) Mr S ReyTolds: VI Pr¢sid¢nt (not a dir¢¢tOT) Mr J Noblett.. Chainwj Mrs H Chaplin: Vice Chair Miss H DaYt¢s.' Honorary Ttr&sur#r and &*mpY Secretary. Tbrougb the WOrkupS alld Sub-groups set up in 2022, trtstees and other.volullt¢er memkn of the &Kiety Are actively involved in supporting the charity's events and iti specifi¢ projects in ]ille with the Socigty'5 Ob]ts. There aTe many advantagcs and A snthll llUTubcr of ch•UeDgu with this model of work but overaIL it Iw in¢reased th¢ Society's productivity 8nd brou¥bt beDefits to our membe£8 And to the Irish Drnugbt Ix>Th¢. Thetimin workwups in 2024 wett.. Council group structure Marketing Breeding, R&gistration and Inspeetton Communtcalion Education and Event¥ IDHS (GB) Councll and Members Finaneg & Governance Show D?lOpment SU8[Oup8 meet as often a& 18 ne¢4ssary to ¢aTry Out their WOTk and can llthke low-lcvd ¢)p¢ratioD decisioDS. Su group leoders write a brief repDrt for tbe fi]ll Council. The COW11 PIodiCallY throughout tbe year to rnaintsiD oYersi8ht and mak¢ major decision% paili¢ularly those with p)licy or financial impiicatioLs. h) 2024. there were I I Council meetings by ZOO with an &v¢ra8¢ ITUStee atten of 11.9 out of 13 trnstees. If an urgent vote is reqllir¢d and tb¢r¢ 16 ] time to ¢all & m¢¢titig, the Arts"¢les of Association provide for ekctronic Page 3
THK IRISH DRAUCITf HORSE S(KIETY (GREAT BRITAif4) REPORT OFTHE DIREcfoRS- ¢ODtlnuÈd for theytsr Ended 3J Decembèr 21b24 The SoGiO'8 day.to• adrdJnve functiolls outsoufL%d oll a coyjtraet to peth"g Liv¢sÈock Services (PLSA based i This aArange[eÉ ellsu th¢Te is a DamEd main odmiDistraior atid buih.iti ty>v¢t dwing aThy"staff absence. Consequentlyy our membLt8 and the wider public havE access to a semle88 service 9 a.rn. to 5 p.llL on Mtsoday to Friday. Admitkisttkn line is provided by the M8nagllLg Directt)r at PLS. For tth.cal questior4 the admitiVe staff have acc¢ss to pdll dati¢¢ on th¢ Sl¢ty's w¢bsit¢ 8nd through trl¢phoJLe and ¢w4il rnTj8Uloll with th¢ Society's of6cus. Six Registration Jnettirtgs were held during 2024. m¢ctiThgs IVolv thc Drw]iD& Registratioll In8pc¢tion (3roMp Ch&ir. thr AdnJinistraor. th¢ So¢i¢ty'$ Vice Chair #ad the Hono Trnsurer. i]J¢Iled xewiew of¢urt financi any queri¢s l&ll£t0paSSportS aDI registsatiOJL Llnks wlth Ot1 The"S(Jci¢ty's dassificatio rBgistration inyction proc¢s8e$ for Ixish Dt Hor8cs are operad in line with Irish HuTh¢ Registcr ruk& Thtse rule8 are ¢Y managed by Horse Sptht Ireland on b6haif of Irelal'S D¢PaTts of Agricults]re. Food aTLd tb¢Marinc (DAFMk There 18 eff¢ctive liaiwi Yrith HOTh" e to assist with CODJpliall¢e. The Socidy is a fourtdeT mCLrtber Of The SknwiJJ8 Council. all umbr¢Ila orgpDi5&tion aei up iti 2&)6 ty T¢pr¢sent th¢ IK)rye sknsFiog sector on thc Briti8h E4Wtr[l Fedcratio The Socity is also a r(Lember of the 826 Equine Skn¥Jbooks As8(KiafioL This 0rwi8atio0w set up irE 2018 to JepE¢5ent tb¢ view8 nd int¢te8ts of sdbook PIO5 to gov¢rnDwnt d¢partm¢nts and ths widcT wor. Tbrovgh 'S <)r8awtOtio w¢ work Construv¢lY with mally othtr PIOS In Gr¢4t Biitain and tho with ow reglatOry Ixjdy. thB DEpartmellt for the EnwiroDmen¢ Food aTLd Rural Affair8 (DEFRA). Tb¢ Swiw positiv6 bu8i0¢Ss r¢kntionsbs Witb w JOr equin¢ v¢tuAwy hosptul and other veterinary whi¢h assist us with iDspecLiOD W¢ work coUaborntiv¢ly tn.sh Diaught and Srth HO orgltIonS ik tr4land, CaBada. the USA and A%trali R¢vlew of mgin a¢tivlti¢J Th¢ 21)24 Meetkn8 Oll 6 0¢tOb 2024, a era1 hleetio8w4s held at th¢ Fam)us' Fayr at Stondw'gb Park in The v¢ttu¢ wa8 ¢x¢¢lknt dth¢ meeting qwrate. The agènda Ith a PowerPointpreseniation of the Soci&y's progr¢ss over the PTev)us year. Tr Chairman his vi8ion for the Socw over tbe IMI w. collllmicatio rdernbeEthip involvemejt and th¢ promDtioo of Ihe Lrish Dravght hors¢ &8 tbe br¢¢d of choit¢. Thtre was oppoTbJoity formembe¥s to k qll¢StiC by a buff¢L audit specifi in the Arti¢l¢$ of AssociatsoL Tbc Ch&irn)8n therefore adjourned tk arAI e0v¢d itby Zoomon 2 2025 to rccciv¢ WEUI ¢onsidK thr auditcd 2023 Accounts. The aÉibat ttlg approv¢dth¢ aodit¢d GwuDts. TbeNMti•fjyl Ch¥tnplonghlp Slhfyw . This is the &>cicty's sbowcase fi)r thc Irish Draught Ilo¥se and Ih Drdugbt Sp)rt H(K5¢1Part-brd This sbow IM)sts thc fma]s of th¢ IDHS (GB) Ridd£n £2000 Challen84 the )rball Irish Draugbt Youngstock CblenSe ad Iiisb Srt H¢xs¢ Yo}m8strk Challeoge. Under the Show DrecÉor. JaDe Jmbusb, the Show Teatn iDcludcs volullteus who Tcview thc tiDxtsbk scheduk anllyally ts) prnwide chsses everyiw. 2023 al overall e&trAes werc 1)% bigh than 2023. Th¢ Society ts gtat¢fol to all valued sponsors, Wilkn whom the show could ¢ffe¢tiv¢ty. We would like tD thank o111&¢llt Slu)w T¢at all of whorn contiKue tohave active rolesin 2025. Royallnterbtl ShDw Rfidth Qwaittle 2024 saw tbE fiTSt yw ora thrff-yw InSorSp deal bettyeen L4ritish Horse FEts and the A1& lioyal Jllternatiollal Hoe Show. hostsng a ridd¢D Cb8mPiOll8hip Seri¢9 Firjal for IrishDrnught Atsd Iiisb Drnugbt SpDrt Hor8¢1Parkn(L This was very wcll supported otts¥t¢d agr¢atdeai ofposthve ]i¢lty forthe bree41 parti&[1Yfys the ov¢rnU C?wl00 WAS BritiSbre1. Pa4
THE IRISH DRAUGHT HOKSE SOCIETY (GREAT BRITAIN) REPORT OF THE DIRECfORS- colltiDued foy the YeAr End¢d 31 December 2024 AffJli%ted Shows The So¢i¢ty welcomes additional affilxated shows and charge5 a sllwll fee for thi8 service. Many affiliated shows ran throughout 2024. The Show Affili2tioll Team works l)ard to oversee tkn eligibility of all Sbow entries to ensure that exhtl)itors are entida to compete iti ther class and are tlkerefore eligibl¢ for any qualifiers for th¢ Nation ChampioDsbip Show. Inspe¢llons In 2024. a total of 53 niare8 and three stallion8 were it)spected for classification in th¢ Main Studbook (Breed Register). The thr¢¢ 8ts11ion8 passed their Veinary examination but did nol meet all of the iD5pection requirements. Th¢y were eIlfied as Class 2. Of the 53 mpres forw& 42 met All vete)iti4ry 4lld in8pe¢lion requirements for Class l. The relInIng 10 mar¢8 P&8s¢d their vetsrinary exninOn but did not meet inspection stATulards. They v¢ ¢l&s8ifi¢d a8 Clas8 2. 15 of the mar¢s wbi¢b fonvard for adIng benefiÉed from th¢ Irlsh Inspection Armhesty. njmiing from 2024 to 2026. This AD)n¢$ty ¢x¢¢ptionally allows the progelly of UDinSP¢¢ted parents lo be ]nspect. I l of these mar¢s achi¢ved Clas8 1. including the ]Y mare iJJ 2024 to be awarded aBtonz¢ m[t ID Conformation and Mov¢mcnL The Society is gtateful to the tAt¢ Mr Benwd Symotyjs aEtd Mrs Pam Symonds for thcir gencrous support through the BLS Awards. These are pr&s¢nted to British-bred Class l stallions. HoT8e Sport ]T¢landkiftdly provide sashes and rosett&% for the ]rÉsh-br¢d ho¢8 wbich achieved Cl&8s I. The Soctety continues to be indebted to the Honhby Lonsdale Trust for providing geneTOUS fullits to prornots the Hornby Pren)xum Brood Mar¢ 8¢heme. The Hornby Premi awaThls were devised io the So¢iW'8 early days to recognise iwected mar¢s in the breeding ld Nvhich conform to the Br¢&1 Objective aj Description and which slww exceptional The overall goal 18 to encourag¢ breeding from atiimals which have met veterinary and in5p¢ction standards to inorease the nwnber and quality of potential stsllions and mares in the bre¢dll)g herd. 15 of the 22 mares Tl¢b came fomrd tn 2024 were awwthd Hornby Premtum& Conforniatlon Workskop On 27 O¢tob¢r 2024. & bigbly succethl Confonn81iott Woyk8hop took place in Ltsut Lincolnsbtre. by ktnd permission of Mr Mrs Strawsou and their family. Our Pr¢SId disÉinguisbed judge alld inspe¢tor Jo]m N¢wborou8l provid¢d participants with his itistghts iDto Irish Drallgbt CoftiOll. This event was very well recelved and raised over £309 for the Society. Thank you to all those who kindly hosted and ganised the day. Health *nd safety . Event organisers must risk assess all ¢vents to reduce the risk of serious incidents, aid¢llts and injury. This is a requIr¢t of the Society'B Public Liability insurance. Operatlng Rules {policles and procedures) ]n 2024. the So¢iety had the followillg polieie8 in place; UK GDPR Data Prots¢tion Poliry aDd Privacy Stat¢meDt Complaints procedure: an easy-read vu3ion for tb¢ w¢bsit¢. with more delajled guidance for tyst¢es Anti.di8criminatioll and attti-bullyjng So¢ial Media and Int¢rn¢i Expenses Policy for volunteer8 Safeguarding Children Safeguarding Adults At Risk Page 5
THE IRISH DRAUGEf HORSE SOalTY (GREAT BRITAI REPORT OF TH& DJRECTORS- eontlllued for tbe Year Ended 31 DecembeT 2024 In addltl0 there are operating rule4 which are revlewed at least wmually The Show Rules ExltOrS, Rules Judges, Rules TD8pe£tions: terms aad ¢ouditions proc¢dures. Publlcatlons comJnuJdcatlon The Gret Yorkshlre Show A small group of volunteers manages the Society's stand at The Great Yotkshire Show each year. This is an excellent opportunity to meet member5 and th¢ public face to fa¢¢ and to aJ15w¢r any qStions. This results in tbe Society gaining 80D]e new menth¢TS and anumber of new inspe¢lion 8ppli¢ations ¢wh y¢pT. Website and Sodal medlA 2024 saw tb¢ start of a major review of the Sooi¢ty's w¢bsile layouL led by Hther Glend¢DDing (now Maclellan) and nwnb¢r Sjjona Mos4 sworted by webrter Joe Kendall fro'm Yorkthir¢ Medi Th¢ aim is to improve the layout of the site to make it easier to navig8te and to provide mc)Te interest in the form of regular wdatss aad articles. The w¢b Site plays a crucial role in providing iDfon)]atioJ) for the public on nKmb¢rship, inspectiOllS> passports and otlKr services. The Society's Facebook page is kept for official Jnnouttcement& The Society al80 has an Official Forum. This is a private Facebook Group. op¢n to anyone who is prepar¢d to follow the group rules, encouraging sharin8 pboÉos and news about group nkmb¢T8' borses and activities. Th¢ group is carefully moderated by a teatn of volunte¢rs who ensure that everyone who partictpates is kept safe while accessing this page. New$lett¢rs The fonll¢r New81etter editor, LuGillda Stsrliog ru18td from the Council in June 2024. Heather Chaplin took Oll the llewsletter as * teraporary measwe until a longer.term editor wuld be found. Memben received digital new8lett¢rs in October alld Decemb¢r that ye. The newsletters 8T¢ a ts1 part of the Society's coD)municalion strategy, keeping members itiforn]ed on Society news and general equiD¢ n)atters. 2024 Yeaybook Following regrettable delays in the publication of th¢ 2022 the 2023 Yearbooks, a new Yearbook team Wds appointed for 21Y24. With Linds¢y Mitlar a8 editor alld tru8t¢e Heat1 Chaplin as her assistanL the Yearbook was published ott SCIdUle in Janu8ry 2025. Flnance Althougb the turnover was dowu by 2.62010 in 2024 (£114.528 compared with £117.612 itt 2023), there was decrease in the expenditure costs for the year by I1.32Oh (£53,240 in 2024 cotnpared with £60.036 in 2023). Thi8 was18rg¢ly due to the Yearbook being Sent out digitalty. Jnspection income in 2024 was low¢r than in 2023 due to the number of 8t&llions and nwes forward. The N8tiollal Championsbip Sbow, although tlLe income was comparably the same as in 2023. tb¢ expetkses rLmuing the sbow were reduced aid th¢ NCS mad¢ a n¢t pmfit of £4509. This is mainly due to tbe generosity of the SPODsors. l am hjppy to rwort that the So¢iety me an overall net SluS of £13,147 compared with £14,229 in 2023. Reserves The cntinued policy of th¢ Society regarding reserves is lo n]ntain 8 modest sum from which to finance any shortf81l in inctstr pending retnedial action or to fitwn¢¢ approved capital projects. Publ1¢ Beneat The Society is the i)nly passport-iS8uitig organisation in Great Britain Ivhich SPeGiali8es in prnsrydmg pports, infornmtion and advice to Ibe public on all aspects of tbe Tri8h Drnugbt horse and br¢¢d crosses. MembeT5 and non.members of the Soci¢ty call seek ace by t¢l¢phone, etrdil, tbrougb thtrwebsite. They Djay also approach indivtdual tftIees and visit the Breed Stand at shows and events. ProvÉding s¢rvi¢es and support for Irish Draught horse owners and br¢ed¢, the Society hlev&S its 8oals alld helps to ¢llsure the contit)uation of this valuable breed and its crosses. Page 6
THE IRISH DIi4UGHT HORS8 SOCIEn (GREAT BRITA REPORT OF 3'HE DIREcfoRS- tInued for.tbe Tr'Lr &Ie.17 Det¢mbei' 21124 Vutllre plans Th¥. d¢¢i>ion to itknlude non£owKil members kni115 r¢l•¥ni experti on IhL SociLXy"s woykgruups IJYJJ subwD)UPS pnsmotLxI in¢lusio htiliiat¢d 4ofjmiunlton L'xJdble41 thI- SoLI¢ty lo prtsvide 5LY¥iLL5 #nd a1¢'L. 10 1SILlinber>. T1)¢ JTL ?.iJ plans to ilijs ntrxtel in Ihl near futurL'. slatent ijf Dlroetors. R¢$ponslbllEties 1'hL direLIL'rs ltir pi'eptsrinil IIIL RLlXIt1 Lil-lh. DiYkiliJrs IhL linl$iL %JaiciDLiii t(1 iUII451} ii-iih Ctsmpunv iEli¥ requires ihc dircLtor% r(Tr W¥par¢ fitto#LiJI hi4i¢m¢nis tur caLh fE1JtillaI }K'tir. Llnder Iljai la. ih¥' dire¢iLN'.¥ n:ii'¢ cl¢Ld tts pr¢paYe Ihc financiul %lIltLiInls ID 0¥alliO 14.iih Kin¥ilom (iincrally ilbLTI)IL'LI Akivvni(nbT PTaLIiLe Iuntied KiLi¥don) A¢Louniing Suiiijiirds" ai)i)IiLJble ju.). UJulLY Ltynipanv Itiw the direLlors mu.si rKII 4)pfLIV¥ Ihi liNriLiiil sl4ien?eni% iinlc¥s ilkiy arc saiiqfiLIE ihal they a In and I".iir vi¢ii' of the st#t¢ of #ffairb of Ihc coiiipany vt the surplordrI4iI of thc LLimiiiiny l¢Jr Ihiii pt¥ilMJ. In pripurini the¥e finanLial siatcu'nIJ. the direLiVlb arc rLquired ii>- Lliil NUiiiiblL aiLoiiniing poli¥ii% ihen apply iheni Lwn%i5t¢nTIy' - niuke jULIguWIis accoutttitt¥ Ls1ii)iate Ihat A.a)lbb1¥ and prudbkt. dirLt.Jrs are F¢spolls2bl¢ for ke¢ping adLqiiai¢ a¢cuunrin¥i rttords thai Br¥ suftiLI¢DL to 5hoM' and cxpiattt ih oiwlanys tranbailiOIiS aE)d diklosc. with rLd41)nablL aiLUrnLy aE any 1mL IIK. fiD8DL14tl POSiliL)n ofiliL' ¢onyJns dnd JJthIE thein to 6ksurL¥ ihat th¢ fInL1 ¥X&IL'mL'ntr4 comply wilh Ik. Lomp4ni¢% Ail .006. Tkncy arL alw r¥%pvth%iblb loi wl¢ouarding thc as&Nts ot'thi ¥oinputti' and IILnLe li)1 lakIn rctLionable Si&p> for ili¢ w¢%'¢niion dLtLkii(?n ol. liaud dilLI l¥r¥gulariiiL. N BEH.4r r OF THE BOARD: 14vailier ('liaplin- SL'LfLI.'*ry diLd 21iolzoas Pfigc 7
REPORT OF THE EPEr+IDEf AUDITORS TO THE MELklBERS OF TEE IIUSH DIIAUGHT HORSE SOCIETY {GREAT BRITAIN) OplMIoA We have audited the fAtl¢la1 statements of The Trksh Draughi HoT8¢ So¢RW (Great Britsin) f the year ended 31 1)¢¢etnber 2024 which compri5¢ th¢ Stytern of Financial ArtiWRtic4 Statcment of Fits&181 Position alld th¢ lated tt¢s. The financial reporting ftamework that has been appli ID th¢sr preparation is applieable law and UDited Ftingdom kncouniing Stsndants, including FillaThc1 Reportitig Standard 102 The Finan¢ial Rq)orting Standard applicable in the UK and Republic of Ireland, (United Kingdom G¢u¢r4lly A¢eeptsd Accoutttins Practice). ItL our opinion the finanfjial stat£llnts.. - give a tn and fair view of the sEate of the cbatitable (x)nwll$ Hffair8 as at 31 December 2024 ond of its in¢omiJ8 rewurces foTthe year then ended; - have beenproperly pr¢pared in aecordan¢e with United Kingdom Generally Accepd Accounting Pra¢tic< and - have b¢¢D prepared in accordallce with th¢ wuir¢ments of th¢ CompleS Act 2tKJ6. B&sis for oplDloll We wllduct¢d our audit in a¢wrdance with International Standards on Auditing (UK) USA4 IUK)) and applicable law. Out responsibilitss under those stslldazds are fjjrther descril¢d in the AuditOTS' r¢spoDgibiliti¢s for the audit of the finawial statements section of our report. We are ind¢pend¢Dt of the ¢haritablc conwany in accord8nce with the ¢thi¢al requirem¢nts that are relevant to our Audit of the finan¢i41 statellts in the UL including the FRCS Ethical Stalldar(L aDd we have fulfilled our other ethi re4)ODSAbilities in accordance with these requirtmen We believe that the audit evid¢ we have obtam¢d is sufficient and appropriate to provide &blS for our opinlon. Collclusioll8 rtlathig lo golng ¢on¢erD W¢ bav¢ nothing to report in r¢spe¢t of the following wtters ill tE14tion to vknich the ISAS (UK) u5 to repott to you where." - tbe dir¢ctors' us¢ of the going con¢¢rn basis of accounting in the pr¢par8tion of the financial ststements is not ppropTiaÉe" or - the dir¢¢tors bav¢ llot dI10$¢d in the financial stateJn¢nts any idellttfied matsrial ullcertaillti¢s that may ca signifi¢ant doubt about tbe charitable companys ability to continu¢ to adopt ib¢ going concern ba31$ of accowiting for aperi(Kl of at 1¢85t twefve DM)nths from the date rf¢n th¢ financial statements &re &uthori3ed for issue. other finf•rmatloD The dir¢GtOT8 are responsible for tbe other iDfornWioL The other itrf0rn1&tion comprises the inforn]ation in the Report of the Dir&tor4 but does llot include the fInan¢i ststemellts and our Report of th¢ Audito thereon. Our opinion on thè financi81 statements does Dot covtt the other infoTmion we do not express any forn] of assurance con¢lusioll t1 Jn CODnectioa with our audit of the finati¢l statements, our r¢sponsibi]ity is to Tead the other inforn)atton arml. in doill8 SO. ¢011sid¢r whether the oth¢r tnfornwiiln is materially inconsistent with th¢ fwaocial 8tatellttts or our knowledge obtsined in the audit or otherwise appear8 to be n)aterial]y mis51ated. l( b&wl ou the work we hav¢ performed. we ¢onclude that there 18 a material misstatemettt of thi8 other inftIo w¢ are required to rwrt that CL We have llothing to wort in this regard. Opinlon on other matter pre8crfbd by Ibe collAn1e$ Aet 2006 ID tsur Opinio based oj) th¢ WOTk undertaken in the cow5e of audiL - the infornmtion givert irt the Rwrt of the Directors for th¢ fJnan¢ial year for Wh the financial statements are pr¢patred is cotssistent Wkth th¢ financial statsmen And - the Report ofthe DiTectr)r$ has been prepar&1 a¢¢ordance with appItCabI¢gal rUIreme Page 8
REPORT OF THE INDEPENDENT AUDifoRS TO THE MKMBERS oir THE IRISH DRAUCHT HORSE SOCIETY IGREAT BRrrAIN) Matters on whleh Ive are requlred th report by excepllo the light of tbe knowledg¢ und understanding of the c¢)mpaJy and its ¢0virent obtained iti the course of the audiL we bave JJJ)i idethified Misstsll in the Report of tbe Dtre£tors. We have nothing to reFrfJrt in respect of the followiJg mattU8 where the Companies Act 2(M)6 requires u8 to report to you if. in ouropinion: adequate acwuDtiDg rordS h8ve not been k¢p4 or reknjrns adewte for our audit have not been r¢ceived from branches not visÈtcd by us. - certain disclosu of dllEctors' renilirieration 5pecffod by law Are not made. or - we bav¢ aot rw¢ivEd all the InfOrntIon and cxplanatioLs we rU1r¢ for our audtL' or - the directors were entitled to prePe the fmnCI statements in accoTdall(% with the small cowpgni¢s rrgime tlld take advantsge of the small comparries. exenwtion from the TqUiTrnt to prepare a Strategic Report OT in pr¢paring the Report of the Director8. RespoDsTrbilitses of dlrectsrs As exptsined mOTe llY in tbe Statellt of Dire¢tor8' R¢spoDsibiliti¢s s¢t out oll pag¢ four. Éhe directors are tble for tbe preparntion of th¢ financial statements and foT being sattsfied that they give a til and fair view, and for such internal cotttrol as the d1CtorS determine nece8sary to enable thé prq1arati( of financi stateEnts that are free from Dia11 MitateDn( wb8t1 due to fraud or emir. Jn preparing the financial statcments. th¢ direcwrs are r45ponsl k for asseillg thc clharitabl¢ c4)mpatty'8 ability to oDtinu¢ as a going Conc di8c108in& a8 applicable. matter& related to going concern and using the going concern basis of accouDting Unless ihe directors either intend to liquidafy the charitable company or Io 5¢ op¢rntiong. or have no rEali8tiG alt¢rDative but to do so. Audltors, re8PODSlblllde5 for the audlt of th¢ tlnanclal sl#tsmemts Our objertiv¢s arc to obtsin re&8onable assurance about wh¢ther the financial sthtem¢nÉs As a whole are fr¢¢ from Tnatsrial misstatem¢nt. whether to fraud or em)r, and to i88ue o Report of the Auditors that tncludes 0r opitsion. Reasonabl¢ a$surauc¢ 15 l¢v¢l of assuTanio but is not a gu4Tan*o tb&t an ld1¢ condu¢t¢d iu ac¢or¢]anc¢ with ISAS IUK) will always detect a JllateTial [ni%ststtnllt when it ¢xists. Misstatements can ari8¢ from fraud or error and are considered nuterial if, individually or iti the aggregate. they could r¢asonably b¢ expected to influ¢n¢e the economic decisioDs of u8er8 tsken on the basis of these financial statementg. Irregularitity including frwjd are ?tistan¢¢8 of uonrfompliatwe with 14W8 aDd reatIonS. We degigtt pro¢ed4UfS ill lille with ow responsibilities. outlined above. to detect terial YDi83tatements in respe¢t of irregulaTities. including fraud Th¢ ¢xtent to which ourproceAiures Are capable of dete¢iing iThegularities. in¢ding fraud is detailed belov. In our process of identifying fraud Tisks we &ssesscd events or conditiOFNS th&t indicate an in¢¢ntiv¢ or PrUre to coumit fraud or proTride An opportutEity to cwnrnts haud ("fraud risk factors") to deterne how fiaud risks are relevant to our audiL Based on th¢ a]lting standards wc athtressoj two fraud risks that wcrc r¢Iallt to our audÈL in relation to revenue r¢¢oLmitioD and n]aJagcment overridg of control& Bd upoo our analysis of fr8vd Iisk ft01. we have not identified 8ty additiOTJal rlld risks. Our dit prnCedll inched an evaluation of the desig iMple]nentstI as well as tbe OpeillE effectiven of internal Lontrols rclevant to mitigAte th&8e risks. We klso [Ormed substantive awllt wocedure4 including d¢tsiled testing of journal entri Alld. prolUreS to sR¢isfy I)u¢1¥C that revenu¢ ]Ms beuj properly recogoised ill the rM)lici<s. Through pr•w¢ did not identsfy any mats1 aclual or suwted iucideEW of fiaThl. Wc have evaluated facts And CiTcumst&nces in OTder to asse55 laws 2nd re8018tion5 relevant to the Ch1tble ¢ornpany. W¢ identified ar&gE of laws and regulations that could r0&blY be expected to have a Tnaterial effe o tbe fill181 statements tbrough discussion Ivith the DirednTS (2S required by audititig stand} and discu&8¢d with the Dir¢ctors th¢ policAes and prOC¢dur regthng ¢otttpliauce with laws attd regulations. We cornrttunicated identified laws and tegulatio]LS thTougbout our team and rnMiti¢d alert to ony indic&tioDs of non-fQTnpliance tbrougbout th¢ audiL Page 9
REPORT OF THE INDEPENDENf AiJiifroRS TO THE MEMBERS OF
THE IRISH DRAUGITf HORSE SOCIETY
{GREAT BRrrAllY)
Auditing standards ]in)itthe required aud1tprocedts to id¢ntify ni)n-conwlian¢¢ with these regtdalions to en
THE IRISH DRAUGHT HORSE SOCIETY (GREAT BRiTAtN) rATEMENf OF FINANCIAL ACllVITIES (INCLUDING JNCOMK AND EXPENDITURE ACCOUNT) FINANCIAL STAIJ£MENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2W24 2024 unst[L¢t¢d R¢stricted 2024 Total 2023 Totsl Notes INCOLVIE AND EI¥DOWMENTS FROM: Donation5 and lega¢i¢s Tnvestments Charstable a¢tiviti¢s TiyfAL INCOME AND Ef*DOWMENrs 2,318 1,649 109,06E 113.028 I,500 3.818 1.649 109.061 114.528 7.223 1.109 109280 117.612 1.500 EXPENDuRE OIY: Clthrit&bl¢ #¢tivitiGs Other TOTAL EXPEIYDTfuRE 85,448 13.902 99.350 2,031 87,479 13.902 101.381 91,992 11,391 103 J83 2.031 NKf ll¥COMEJ(LOSS) 13,678 (531) 13,147 14.229 Transfer between funth N¢t movement of fuods 13.678 (531) 13.147 14229 Reeon¢ill4tlon of Funds Total Funds brougbt fard 40.634 48.155 33.926 Total Futhts callied forward 61,302 48.155 Th¢re have b¢en no reeogDised gaiDS or losses. otherthan the reslllts for the ftylauci year and all profits orloss¢s bave b¢¢D ted for on an hi8torical cost basis. Pagell
THE IRISH DIIAUGHf HOHSE SULIETY IGREAT BRllhl sTATElToF FINANC posn'ioN 31 D•u)Trb•¥ 21J24 31.12.24 31.12.lJ Nott$ 748 107 Tthnyblt )ss¢ 66 66 855 DEbtOTS 1.750 10,329 17.528 1(3fj8 18.426 44.451 79245 C•sb •t bADk•ud inhand 12 67,621 rill¥dUt 00¢ ye¥ NETCURRENT ASSEYE 13 Urrttiieted RutrictE4 16 16 54.J12 6.990 40.634 61J02 48.15£ 7ht fm¥r&ial %roUn h4v¢ been pnp¥r¢d in #c¢raaD¢¢ wiib tb spttial woY*iws of Patt 15 of the Comyllies A¢1 2006 lating to smau oJmwwN. Th¢fin9a¢d s#mentsE appTfftd bythc BoarfofDirEciors awl authonycd loris aftd were ¥ERned its behrby. , oblcll- Dir¢6E R M Ch8pI¥n-DWrOr 221ioJas
THE IRISH DRAUGHT HORSE SOCLETY {GRL4T BRITAIN) NOTES TO FINAF4CIAL STATEMKNTS ror th¢yurFdÉd 31 Dtttjthr 2024 I. STATirroRY INFORMATION The JrA$b Draught Horse So¢itty (Great Britsiti) is &priv8te cJwAtable or8anis&iott IiTllited by guarnnte¢, re8iSteted in England Ind Wale& The rbaritys rewstwl office addrtss aNi priDcipleplace ¢x be found onthe ¢oJw infomwtion page. I STATEMKNT OF COMPLTANCE Thc fi]JaUGiyI st&tetllebts of the cb•ril¥ble con]pMny. vknieh is & public benefit tity FRS 102. have beea) prepared ID accortkntx with the Charities SORP (FRS 102) 'AttountiDg aud I<ill by ChaTilics'. Ststemtth of RKoMTTwcd Ptactic¢ applirnbk to cl1[BE P1[)g accOW ¥rA)TdaTK¢ with tb¢ Fit)titt¢ial stadard appiicabk itt th¢ UK aAd Re[bItC of Irel8nd (FRS 102} (effeetive l Jaw 2019),. Fla1 Rwortins stsrbjard 102 Yhe FJJ]an¢ial Reporti1 SId 3. ACCOUNTING POLIC]ES of lllcon and ¢ATrÈn Incon &Dm dor4tion4 5ubsuiptson4 re8istratyoNs. and sths of mErcthandi8t wre recOlEed when the Gharity is le8ally e ¢h8rgd as they arise. l¢•giblt Assets Intl.b[C a¥sets ¥e ittitially Melsw ateWL AIiEr imitihi re1t10 lntaD8Lle assets are rnen8w¢d #t ¢( le55 any accumulated Cow softwate is beiD8 atllortised cvenly over its ¢stsTht¢d usetsi lifr of fouryeats. Twlblt fixed awts Depre¢iatioD is providedAt the fOllts amwal rates ITh Order writr off e4cb ov¢[ its ¢stsm8t¢d useful ILf¢. Display tiail . 20% on LYJSt Stocks for res&Le are valued at the Itsr of ¢08t 8nd fjet reali8able val. •ft¢r njaking due allowance for obsol¢t¢ and 8low-llJovitig Twllon The company is 4 r¢gist¢rcd charity Hc¢ordiDgiy is exeuyt from 14xation on its illco gains wher£ thcy ar¢ applicd for ch8ri4blepwpwe Fund Fvlld5 held by the charity cithcr. Inupnxt is secoglli ts uStricted illCOTDC whcn tht chatity bccom% ¢krtitled to th¢ income a8 s rclt of activities a]ready perfoll Ad HDY we.¢oL1tiOS have be¢tt llEeL Wher¢ is not the ose the inconx is def¢rr¢d and not illcl)Jded in incothit)8 Lie5tiickd fiwds . th¢E¢ &te ttA( cau on]y be use41 for [tiGr restri pwpo8¢S Wtthin fk¢ obj¢¢ts of dwity. Restri10 arise when Ypecified by th¢ donor or when fund4 are raised fj)r Partia r&strictyJ purposr5. TbE Trn$es monyts)r and dis¢us$ th6 strIted fi]nds at meetiD85 to ensur¢ therestricted expeThditur¢ is alltrd accordty. Restri¢d fi]Ddg relate to the HornbyTntand BLS CohAwar Debtors ¢reditor8 rec¢lv*bl&pttyablewltlthi •t yes Deknry alld ¢rnJitots with ststed iutffltst rate receivable w p&yable within one y¢ar CO[dCd at tr4llSNGtion pri¢& Any losses arising froTn inwtrrlletit 8r¢ r¢cogllisedin the 81aten)ent of financial activitie& Page 13
ThKIRISHDl1HO1l$E 80CIiTY IGItEATBREfAiri) for the ¥uT ¥4Nlu13lDe¢¢rAbeTZDZ4 4.D(kYATIONSAND IIGACIES 2024 2024 utirtr5ttic Re¥Ji¢ted Towj 2023 Toti HothbyTr iJoo BISColtGTrDt 2318 2J18 1123 1318 2024 2024 1,Ir INCOMfFROM CIIAklTANLE AcfiviTILS 2024 2024 2013 Total embet5b4)sOllS 28,997 3&526 28.9 38J26 I lJ50 764 19.161 Z1364 41.681 19.714 3J66 1480) 1,290 750 lJ20 728 (ftld KMi& rtes¢thttdbJtiOtt 6.095 6,093 388 463 4505 Tr4tiU8in¢othe 404 88 JLcorncfrom200¢14b 68J 8S3 109,061 109.061 109280 2023 13.432 19.723 13.432 19.?23 J5201 11.547 16J45 14726 1456 7J? 717 92Z 851 716 JSO 51 819 51 Ye4rbook ttt9ts Tillge 2clubprI1¢S & fywet¢s Elg 83 312 9.187 39 312 51309 2.031 60,Q36 SUPPDirtC(ISfS 27J37 27.837 4.428 623 690 24.945 5558 DepCLtiOn&s0t>*rt maintEDBWe Coun¢il & AGM 506 P4E 14
THE IiUSHDRAUGirr HORSE SOCIUY (CREAT BRTIAIN) NOTESTO THE FENANCIAL STATXMENTS. ¢ed for the YeArEnded 31 Decemb¥r 2024 OTHER EXPKNDITURB 2024 2024 2024 2023 W&g 2&055 2A055 &906 376 334 1.445 24A35 6.613 230 721 1261 Telqknne &postagc Prilrtig& xfAtionery 376 334 1.445 L058 on disposal of c(ryutcrBryd fjxtyres & fittings 37.116 27.837 9.279 3.0(K) 37.116 27.837 9279 33260 29.9451 8.315 1,0 Other pmfessional charg45 Bank ¢harge8 1,623 1,623 2.076 13,Y)2 13,902 11,391 Wthite cosr At l JaThuary 2024 43 6,143 At 31]knctnb¢r 2024 6,143 6,143 AMORTISA'nON At l J8wi8ry 2024 Cbargeforthe year 5.396 747 5 J90 747 At 31 DeeembEr2024 6.143 I+lET BOOKVALUE At 31 D¢cembtr 2024 At 31 TrKcrnber 2023 747 747 10. TANGIBLE FIXED ASSETS Display Trailer Computer u1pml Tota]5 COST Ai l Jallwry 2024 Additio 1.800 6,175 7.975 At 31 DecBmbu 2024 1.800 6.175 7,975 At l 2024 Charse foTyeaE Eliminatyl on disposal 1.800 7.868 41 41 At 31 DeL¢mb¢r2024 6,109 7.909 T BOOK VALifE At31 D¢wnb2o24 At31 Decem223 107 107 Page 15.
THE IRISH DUiTGHT HOiiSE SOaETY (GREkT BRITA NOTES TO THE FINANCIAL sfATEMETrITS. eoRtIRutd for the Yegr Ended 31 December 2024 IA.DEBTORS: AMOUPIIS FALLING Di WETHtN ONE TrTAR 31.1224 31.12.23 Trad& d¢btors PrepAymenrs acuvglin¢ome oth debto 13,028 1.664 1.6?6 7,276 3.052 16.368 10.328 11 INTETrITS 31.12.24 31.1123 Unlted knv¢stDTh15 18,426 17.528 13. CREDITORS: AMOiINTS FALIJNG DUE WTfHIN ONE YXAR 31.12.24 31.IZ23 Tradc crtdito¥s Ttion aad so¢Èal seallity 11.800 10,967 482 8,879 6209 18.009 20J28 14. DEFEIIBED INCOME 31.1224 7.679 3209 3L.1223 2,193 7,679 Ad(Itti0ts8 during tb¢y B•Jance ¢arritsxlfoJvArd 7,679 r#ttE w&% d¢frId in re8t of futtdittg tac¢iv¢d whetc the WO oo t]L¢ e[lyi8 4Qtiviti¢s was &LOt cornplded ill the fin8DCAal yeor AtMIthetTLelle WtspOtr1a1IYtuDJble. Is. sfAFF COST8 Staff ¢08t8 ar¢ anAiysed ix not¢ 8. Th¢ av#ag¢ number of employctt dwingth¢ ycarwBS a&follow8'. 31.1224 31.1223 No membwofstsff ttceivcd a fi)Utime rquxvalent8abryirL excess of£fAiOOOp¢ramiuD] iD thisye4T or theprEviousy¢ar. Fin tnL¥¢Etshav¢ b¢M rt1ttibWfor th¢m dLrittgthis ywof£4,057 (2023.. £2,516). At At Bld]Ille 31.12.24 UDrestrlttsd futtds 113.028 99.350 54J12 HornbyTnL8t eolt Award SnOvE<t 4286 1,S(Ml 1,98LI 3,806 2.484 700 751 31 7521 1031 6.990 Totsi 114J28 ioi 81 61.302 Page l6
THE IRISH DRAUGHT HOILSE SOCIETY (GREAT BRITAIN) NOTES TO THE FINANCIAL STATEMEKfs. ntilled for the Ye#r Ended 31 December 21124 17. ANALYSIS OF NET Assrfs BETWEEN FUNDS IntgIble &ssets Fixed Net eurrent balan¢es UJwestri¢ted funds 66 54.246 54312 R¢strlcted fw H(nby Trust BLS Colt Award Sllowford Grant 3,806 2,484 700 3,806 2,484 700 6.990 18. RELATED PARTY TRANSACTIONS There are no related party traDsactions wtLi¢h require dis¢losur¢. 19. sfATUS The cwally is limited by guaypntee and does not bave slw¢ ¢apitsl. FA¢h nLember is li&bl¢ to ¢ontribut¢ a not cxc¥edin8 £1 to the assets of tb¢ c¢)mpallyin the event of a winding4. Page 17