||||Page| |---|---|---|---| |Trustees'
Annual
Report|||| |Independent|Examiner's|Report|| |Statement of|Financial Activities||| |Balance Sheet|||| |Notes to the Accounts|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |for the year ended 31March|2021||||| |---|---|---|---|---|---| |||Unrestricted|Restricted||| |||funds|funds|Total funds|Total funds| |||2021|2021|2021|2020| ||Notes|E|f|E|E| |Income and endowments|||||| |from:|||||| |Donations
and legacies||43,725|2,000|45,725|4,290| |Charitable
activities||247,226|51,100|298,326|375,783| |Other trading
activities||4,838|7,360|12,198|8,845| |Other||45,410||45,410|1,071| |Total||341,199|60,460|401,659|389,989| |Expenditure
on:|||||| |Raising funds||1,921||1,921|6,048| |Charitable
activities||296,176|53,753|349,929|409,026| |Total||298,097|53,753|351,850|415,074| |Net gains on investments|||||| |Net income/(expenditure)||43,102|6,707|49,809|(25,085)| |Transfers between
funds|||||| |Net income/(expenditure)||43,102|6,707|49,809|(25,085)| |before other gains/(losses)|||||| |Other gains and losses|||||| |Net movement
in funds||43,102|6,707|49,809|(25,085)| |Reconciliation
offunds:|||||| |Tata I funds brought
forwa rd||36,261|16,967|53,228|78,313| |Total funds carried forward||79,363|23,674|103,037|53,228| ## |at 31March 202|1|1|1|1|||| |---|---|---|---|---|---|---|---| |Company
No.|03910561||||Notes|2021|2020| |||||||6|6| |Fixed assets|||||||| |Tangible assets|||||11|23,066|29,462| |||||||23,066|29,462| |Current assets|||||||| |Stocks|||||12|215|260| |Debtors|||||13|7,600|917| |Cash at bank and|||in hand|||98,934|40,201| |||||||106,749|41,378| |Creditors: Amount||falling||due within one year|14|(26,778)|(17,612)| |Net current assets||||||79,971|23,766| |Total assets less|current|||liabilities||103,037|53,228| |Net assets excluding|||pension asset or liability|||103,037|53,228| |Total net assets||||||103,037|53,228| |The funds ofthe|charity||||||| |Restricted funds|||||15||| |Restricted
income|||funds|||23,674|16,967| |||||||23,674|16,967| |Unrestricted
funds|||||15||| |General funds||||||79,363|36,261| |||||||79,363|36,261| |Reserves|||||15||| |Total funds||||||103,037|53,228| ## ## ## |January 201S) - (Charities
SORP (FRS 102)),the Financial
Reporting
Standard
ap
Republic of Ireland
(FRS102)and the Companies
Act 2006.|January 201S) - (Charities
SORP (FRS 102)),the Financial
Reporting
Standard
ap
Republic of Ireland
(FRS102)and the Companies
Act 2006.|January 201S) - (Charities
SORP (FRS 102)),the Financial
Reporting
Standard
ap
Republic of Ireland
(FRS102)and the Companies
Act 2006.|pli|cable
in the U|K|an|d|| |---|---|---|---|---|---|---|---|---| |Change
in basis ofaccounting orto previous accounts||||||||| |There has been no change to the accounting
policies (valuation
rules and method||||ofaccounting)|since|||| |last year and no changes
have been made to accounts for previous years.||||||||| |Fund accounting||||||||| |Unrestricted|funds|These are available for use at the discretion ofthe trustees||in furtherance||of|the|| |||general objects ofthe charity.||||||| |Designated|funds|These are unrestricted
funds earmarked
by the trustees|for particular
purposes.|||||| |Revaluation|funds|These are unrestricted
funds which include a revaluation|reserve representing|||||the| |||restatement
of investment
assets at their market values.||||||| |Restricted funds||These are available for use subject to restrictions
imposed||by the donor or||||| |||through
terms ofan appeal.||||||| |income||||||||| |Recognition|of|income
is included
in the Statement of Financial Activities||(SoFA) when the||charity||| |income||becomes entitled to, and virtually
certain to receive, the|income and the||amount|||| |||ofthe income can be measured
with sufficient
reliability.||||||| |Income with related||Where income has related expenditure
the income and|related expenditure||||is|| |expenditure||reported
gross in the SoFA.||||||| |Donations|and|Voluntary
income received
by way of grants, donations|and gifts is included||||in|the| |legacies||SoFA when receivable
and only when the Charity has unconditional
entitlement||||||| |||to the income.||||||| |Tax reclaims on||Income from tax reclaims
is included
in the SoFA at the|same time asthe|||||| |donations|and gifts|gift/donation
to which
it relates.||||||| |Donated services and||These are only included
in income (with an equivalent
amount
in expenditure)||||||| |facilities||where the benefit to the Charity
is reasonably
quantifiable,||measurable|and|||| |||material.||||||| |Volunteer|help|The value ofany volunteer
help received
is not included|in|the accounts.||||| |Investment|income|This is included
in the accounts when receivable.||||||| |Gains/(losses)
on||This includes
any gain or loss resulting
from revaluing
investments
to market|||||value|| |revaluation|offixed|at the end ofthe year.||||||| |assets||||||||| |Gains/(losses)
on||This includes
any gain or loss on the sale of investments.||||||| |investment|assets|||||||| |s to the Acc|ounts|||| |---|---|---|---|---| |Expenditure||||| |Recognition|of|Expenditure
is recognised
on an accruals basis. Expenditure||includes
any VAT| |expenditure||which cannot be fully recovered
and is reported
as part|of|the expenditure
to| |||which
it relates.||| |Expenditure|on|These comprise the costs associated
with attracting
voluntary
income, fundraising||| |raising funds||trading costs and investment
management
costs.||| |Expenditure|on|These comprise the costs incurred
by the Charity
in the|delivery of its activities|| |charitable
activities||and services
in the furtherance
of its objects, including|the|making ofgrants and| |||governance
costs.||| |Grants payable||All grant expenditure
is accounted
for on an actual paid|basis plus an accrual for|| |||grants that have been approved
by the trustees at the|end|ofthe year but not yet| |||paid.||| |Governance|costs|These include those costs associated
with meeting the|constitutionaland|| |||statutory
requirements
ofthe Charity,
including
any audit/independent||| |||examination
fees, costs linked to the strategic management||ofthe Charity,| |||together
with a share ofother administration
costs.||| |Other expen|diture|These are support costs not allocated to a particular
activity.||| ## ## ## ## ## ## ## ## ## ## ## ## ## |3
Statement of Financial|Activities - prior year|||| |---|---|---|---|---| |||Unrestricted|Restricted|| |||funds|funds|Total funds| |||2020|2020|2020| |Income and endowments|from:|||| |Donations
and legacies||4,068|222|4,290| |Charitable
activities||322,601|53,182|375,783| |Other trading
activities||8,845||8,845| |Other||1,071||1,071| |Total||336,585|53,404|389,989| |Expenditure
on:||||| |Raising funds||5,719|329|6,048| |Charitable
activities||350,386|58,640|409,026| |Total||356,105|58,969|415,074| |Net income||(19,520)|(5,565)|(25,085)| |Net income before other||(19,520)|(5,565)|(25,085)| |gains/(losses)||||| |Other gains and losses:||||| |Net movement
in funds||(19,520)|(5,565)|(25,085)| |Reconciliation offunds:||||| |Total funds brought
forward||55,781|22,532|78,313| |Total funds carried forward||36,261|16,967|53,228| ## |4|Income fro|m donations|and legacies||||| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||||2021|2020| ||Catherine|Cookson Trust|||1,000|1,000|| ||RW Mann Trust||||1,000|1,000|| ||British||||||| ||Horse||||||| ||Society|||2,050||2,050|| ||Keco Ltd|||1,000||1,000|| ||Anonymous|Donation||5,000||5,000|| ||Various Donations|||9,599||9,599|4,290| ||Wilson Legacy|||26,076||26,076|| |||||43,725|2,000|45,725|4,290| |5|Income from charitable||activities||||| |||||Unrestricted|Restricted|Total|Total| |||||||2021|2020| ||Grant income|||67,393|51,100|118,493|61,942| ||Equestrian|Income||157,788||157,788|293,987| ||Alternative|Provision||22,045||22,045|19,854| |||||247,226|51,100|298,326|375,783| |6|Income from other trading activities||||||| |||||Unrestricted|Restricted|Total|Total| |||||||2021|2020| ||Shop|||2,472||2,472|6,343| ||Hire of Facilities|||2,366||2,366|1,200| ||Other||||7,360|7,360|1,302| |||||4,838|7,360|12,198|8,845| |7|Other income||||||| |||||||Total|Total| |||||||2021|2020| ||Furlough||||||| ||Payments|||||45,410|| ||Other||||||1,071| |||||||45,410|1,071| ## |8|Expenditure|on raising fu|nds||||| |---|---|---|---|---|---|---|---| ||||||Unrestricted|Total|Total| |||||||2021|2020| ||Retail Expenses||||1,921|1,921|6,048| ||||||1,921|1,921|6,048| |9|Expenditure|on charitable|activities||||| |||||Unrestricted|Restricted|Total|Total| |||||||2021|2020| ||Direct Costs||||||| ||Staff Salaries|||187,650|37,400|225,050|243,785| ||Staff Training|||3,002||3,002|978| ||Volunteer
Expenses|||1,138|6,174|7,312|16,102| ||Horse Care|||30,786|2,853|33,639|46,123| ||Transport|||3,381|165|3,546|7,399| ||Support Costs||||||| ||Premises Costs|||49,799|6,628|56,427|48,087| ||Other Staff Costs||||||1,203| ||Insurance||||||15,827| ||Office Costs|||1,372|285|1,657|7,705| ||Bank Charges|||316||316|321| ||Merchant
Charges|||5,155||5,155|4,671| ||ITCosts|||626||626|1,010| ||Publicity
Ik Marketing|||2,187|248|2,435|1,012| ||Professional|Fees||6,072||6,072|6,818| ||Depreciation|||3,447||3,447|5,469| ||Sundry Costs|||45||45|836| ||Governance|costs|||||| ||Independent|Examiners|Fee|1,200||1,200|1,680| |||||296,176|53,753|349,929|409,026| ## ## |11|Tangible fixed assets|||||||| |---|---|---|---|---|---|---|---|---| ||||Horses||Equipment|Computer|Fixtures &|Total| |||||||Equipment|Fittmgs|| ||Cost or revaluation|||||||| ||At 1April 2020||25,775||23,049|19,121|44,406|112,351| ||Disposals||(3,450)|||||(3,450)| ||At 31March 2021||22|25|23 49|19 121|44406|108901| ||Depreciation
and|||||||| ||impairment|||||||| ||At 1April 2020||3,962||23,049|11,472|44,406|82,889| ||Depreciation
charge for the||1,535|||1,912||3,447| ||year|||||||| ||Disposals||(501)|||||(501)| ||At 31March 2021||4|996|23049|13384|44 406|85835| ||Net book values|||||||| ||At 31March 2021||17|329||5737||23066| ||At 31March 2020||21|613||7643||29462| |12|Stocks|||||||| |||||||2021||2020| |||||||f||f| ||Finished goods|||||215||260| |||||||215||260| |13|Debtors|||||||| |||||||2021||2020| |||||||f||f| ||Trade debtors|||||4,427||917| ||Other debtors|||||3,173||| |||||||7 600||917| |14|Creditors:|||||||| ||amounts
falling due within one year|||||||| |||||||2021||2020| |||||||f||f| ||Trade creditors|||||3,244||| ||Other taxes and social|security||||2,031||3,423| ||Other creditors|||||16,292||| ||Accruals and deferred|income||||5,211||14,189| |||||||26 77||17612| |Movement
in funds||||||| |---|---|---|---|---|---|---| |||||Incoming||| |||||resources||At 31| ||||||Resources|| ||||At 1April|(including
other|expended|March
2021| ||||2p2p|gains/losses)||| |||||E||| |Restricted funds:||||||| |Restricted income|funds:|||||| |Big Lottery||||9,000|(9,000)|| |Blackhouse Trust||||200|(142)|58| |Catherine
Cookson|Trust|||1,000|(1,000)|| |Community
Foundation||||4,800|(4,800)|| |Graham
Wylie Foundation|||7,800|10,400|(8,784)|9,416| |Joseph Strong Frazer Trust||||3,500|(3,500)|| |RW Mann Trust||||1,000||1,000| |Souter Charitable|Trust|||1,200||1,200| |Sport England|||9,167|10,000|(19,167)|| |Sir Peter Sullevan|Charitable|Trust||12,000||12,000| |Total|||16,967|53,100|(46,393)|23,674| |Unrestricted
funds:||||||| |General funds|||36,261|341,199|(298,097)|79,363| |Revaluation
Reserves:||||||| |Total funds|||93228|394299|~344 490|103037| |RW Mann Trust
Grant towards you
Analysis of net assets between funds|th work salaries and project
delivery|| |---|---|---| ||Unrestncted|| |||Total| ||funds|| ||E|E| |Fixed assets|23,066|23,066| |Net current assets|79,971|79,971| ||103037|~103
37| ## ||||||At 31| |---|---|---|---|---|---| ||||At 1April||March| ||||2020|Cash flows|2021| ||||f|f|f| ||Cash and cash equivalents||40,201|58,733|98,934| ||||40,201|58,733|98,934| ||Net debt||40 291|98733|~94| |18|Related party disclosures||||| ||Controlling|party|||| ## ## |for the year en|ded|31|Ma|rch|2021||||| |---|---|---|---|---|---|---|---|---|---| |||||||Unrestricte|Restricted||| |||||||d funds|funds|Total funds|Total funds| |||||||2021|2021|2021|2020| |||||||6|E|E|E| |Income and endowments||||from:|||||| |Donations
and|legacies|||||43,725|2,000|45,725|4,290| |||||||43,725|2,000|45,725|4,290| |Charitable
activities|||||||||| |||||||247,226|51,100|298,326|375,783| |||||||247,226|51,100|298,326|375,783| |Other trading|activities|||||4,838|7,360|12,198|8,845| |||||||4,838|7,360|12,198|8,845| |Other|||||||||| |||||||45,410||45,410|1,071| |||||||45,410||45,410|1,071| |Total income|and endowments|||||341,199|60,460|401,659|389,989| |Expenditure
on:|||||||||| |Costs ofother|trading||activities|||1,921||1,921|6,048| |||||||1,921||1,921|6,048| |Total ofexpenditure|||on|raising||1,921||1,921|6,048| |funds|||||||||| |Charitable
activities|||||||||| |||||||296,176|53,753|349,929|409,026| |||||||296,176|53,753|349,929|409,026| |Total ofexpenditure|||on|charitable||296,176|53,753|349,929|409,026| |activities|||||||||| |General administrative||||costs,|||||| |including
depreciation||||and|||||| |amortisation|||||||||| |Depreciation||ofEquipment|||||||| |Depreciation||ofComputer|||||||| |Equipment|||||||||| |Depreciation||of Fixtures|||Ik||||| |Fittings
Total expenditure||||||298,097|53,753|351,850|415,074| |Net gains|on|investments|||||||| |||||||43,102|6,707|49,809|(25,085)| |Net income/(expenditure)|||||||||| |Net income/(expenditure)
other gains/(losses)|before|43,102|6,707|49,809|(25,085)| |---|---|---|---|---|---| |Other Gains|||||| |Net movement
in funds||43,102|6,707|49,809|(25,085)| |Reconciliation
offunds:|||||| |Total funds brought
forward||36,261|16,967|53,228|78,313| |Total funds carried forward||79,363|23,674|103,037|53,228|