The Shetland Pony Welfare Trust Report and Accounts for the Year ended.
3oth April 2025
Charity Number 1093364 Company Number 14488057
The Shetland Pony Welfare Trust Report and Accounts For the year ended 3oth April 2025
| Contents | Page |
|---|---|
| Trust Information | 1 |
| 2-5 | |
| Directors/Trustees Report | |
| 6 | |
| Review of financial Activities | |
| Statement of Trustees Responsibilities | 7 |
| Independent Examiners report. | 8 |
| Detailed Financial statement. | 9 |
| Balance Sheet | 10-11 |
| Notes to Accounts | 12-13 |
The Shetland Pony Welfare Trust Information for the Year Ended 30th April 2025
Charity Number 1093364 (England & Wales) Company Number 14488057 Trustees/Directors
Kathryn Sullivan Elizabeth
Mary Kaye Smith
Verena Waddington
Amanda Fryatt
Belinda Greenwood Clark
Registered Office 21 Church Close Abington Cambridge Cb216BH
Independent Examiner. Premium Accounting Premium House 80 New Road Ascot SL5 8QQ
Bank ...CAF Bank
1
The Shetland Pony Welfare Trust Directors and Trustees Annual Report for the Year ended 30th April 2025
The directors and Trustees submit their Annual Report and Accounts for the period ended 30th April 2025, which have been prepared in accordance with the Financial Reporting standard (SORP)FRS 102 (effective January 2015) and the Charities Act 2011
Structure Governance and Management Incorporation the Company was incorporated on the 16th of November 2022. The Charities' legal status is that of a Company Limited by guarantee and is governed by the company's Article of Association. Directors and Trustees,
The Trustees who are directors for the purpose of company law and the Trustees for the purpose of Charity law who served during the period are
Kathryn Sullivan
Elizabeth Mary Kaye Smith
Verena Waddington
Amanda Fryatt
Belinda Greenwood Clark
Trustees are appointed and de-selected as per the rules stated in the Articles of Association. Members of the Charitable Company guarantee to contribute an amount not exceeding £1 to the Charitable Company in the event of winding up. The total number of such guarantees at the 30th of April 2025 was Two Risk Management the Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Objections and aims Obligations and Activities
The objectives of the Charity are to relieve the suffering of Shetland and Shetland type ponies and other breeds of Equine. Rescue and rehabilitation of Shetland Ponies and their sometimes much larger companions.
2
The Shetland Pony Welfare Trust Trustees Annual Report - Year ending 30th April 2025
The Shetland Pony Welfare Trust, a registered charity founded in 2002 Registered Charity Number 1093364. Managed by trustees and supported by volunteers, it relies solely on public donations and receives no government funding. All staff are volunteers.
Shetland Pony Welfare Trust: Objectives, Activities, and Achievements
Objectives and Activities
The primary charitable objective of the organisation is to benefit the public by relieving the suffering of Shetland Ponies and their larger companions. The charity provides rescue homes and facilities for the reception, care, and treatment of these ponies. During the past year, 45 ponies have been cared for by the sanctuary, including 8 new arrivals. This year we have also rehomed 9 ponies via our adoption programme.
Every pony receives suitable grazing, additional feed, hay, and supplements as required. Regular veterinary care is provided for all, with special management for those with chronic conditions. Some ponies, due to age or health concerns, remain as long-term residents at the sanctuary. Facilities include stables, field shelters, and grazing areas, with individual turnout spaces to meet specific management needs. A track system is used for ponies prone to laminitis, and the site includes walkways and a picnic area for visitors. Ponies receive daily checks and handling.
The charity frequently receives contact from the public, who report ponies in need or request help with their own ponies due to personal circumstances such as financial challenges, health concerns, or bereavement. In responding to these requests, the Trustees prioritise cases with the greatest need, following the guidance issued by the Charity Commission on public benefit.
Public Benefit
The Shetland Pony Welfare Trust offers public benefit by assisting owners of Shetland Ponies. Since 2012, the charity has also assisted other equine breeds in urgent need. Public education on animal welfare and volunteer programs provide valuable life skills. The Shetland Pony Wellbeing Foundation provides opportunities to engage with Shetland ponies through our workshops, designed to support and enhance mental health and wellbeing.
3 We maintain our commitment to community engagement by visiting elderly residents
When planning activities, the Trustees consider the Charity Commission's guidance on public benefit to ensure the greatest positive impact.
Achievement and Performance
This year, the Shetland Pony Welfare Trust received eight new ponies, including four older Shetland ponies known as the "Silver Bandits," who were relocated over 300 miles due to their owner’s illness. The owner had cared for these ponies since they were foals but determined that they could no longer provide adequate care. The ponies arrived safely at the sanctuary and will soon begin participating in the therapy pony training program while continuing their routine at the sanctuary.
Since March 2025, ongoing drought has required us to feed hay and hard feeds yearround to maintain the ponies—feeding that would normally be unnecessary in spring and summer due to abundant grass. This, along with increased fodder costs in winter 2024 and caring for nine additional ponies, has significantly raised our outgoing expenditure, including land and stabling rental.
The Shetland Pony Welfare Trust Wellbeing Foundation a division of the charity was recently established to provide equine-assisted wellbeing workshops for adults and children. These workshops are led by practitioners certified by the Complementary Medicine Association (CMA), together with therapy ponies that have been rescued and trained by the charity. The workshops support clients with special needs, including Autism, ADHD, and Dementia. This summer, interactive sessions including S.P.E.A.L Shetland Pony Equine Assisted Learning, "Meet and Greet a Shetland Pony," and "Walking with Shetland Ponies" will be available, giving participants the opportunity for direct interaction with the ponies. All funds raised from these workshops will go to The Shetland Pony Welfare Trust to support the rescue ponies in their care
We were delighted to receive a grant from the National Lottery Community Fund to support our Wellbeing project, which began in January 2025 and is progressing well. Our thanks go to all National Lottery participants for making this possible. This award will help us to expand our work in the community.
We thank Animal Friends Pet Insurance for their grant supporting our colt-to-gelding project. Their assistance has allowed ponies in the program to join our adoption initiative and find permanent homes.
The Grassroots Equine Re-wilding Project at the sanctuary is now in its third year, resulting in a vibrant wild meadow teeming with wildlife and offering rescued ponies a natural grazing environment. The Trust plans to expand this initiative further in the coming year.
The Sheltie compost program has received numerous requests for compost deliveries from gardeners and allotment holders. The program has supported members of the community interested in growing their own vegetables and other plants.
4
Digitally, the charity’s presence on Facebook and Instagram has grown, serving as an effective platform to showcase its work and connect with the community. A private Facebook support group allows top supporters to access exclusive videos and photos of the rescued ponies. Through these channels, the charity aims to inspire and highlight the positive impact it strives to achieve.
In addition to the dedication of volunteers, the charity actively seeks partnerships with local schools, community groups, and health professionals, strengthening its outreach and educational efforts. Educational visits are encouraged, offering children and adults the opportunity to gain experience about equine welfare, responsible animal care, and the unique needs of Shetland ponies. These engagements not only foster compassion and understanding but also help cultivate a sense of stewardship for the natural environment.
Sustainability remains a core focus for the sanctuary. Initiatives such as rainwater harvesting, composting, and environmentally conscious land management practices have been introduced to minimise the sanctuary’s ecological footprint. Fundraising events, donations, and grant applications continue to be essential in ensuring the charity’s ongoing work and future goals.
We take this opportunity to thank our trustees and volunteers. Thank you also to everyone who has supported us by donating, awarding a grant, or leaving a legacy
Looking ahead, the Trustees are exploring the development of additional wellbeing programmes, enhanced habitat restoration projects, and new volunteer opportunities. By nurturing a supportive and inclusive community, the organisation aspires to secure a legacy of compassion, education, and welfare for Shetland ponies and the people whose lives they touch.
5
Director's and Trustees Annual Report for the year ended 30 April 2025
Review of Financial Activities and Affairs
Financial Review
Full details of the financial transactions are contained in the attached accounts. The total income for the year was 62,468.30 at the 30/4/25 Income 2024 59,153.49: and, after deducting expenditure of16,378.84 (2024) the net profit for 2024 was 46,127.65. Expenditure (2025) was 50,835.27 Net profit at 30th April 2025 was 57,760.68 Restricted income 2025 17,000.00
Reserve policy The. trustees have reviewed the charity's needs for reserves in line with guidance issued by the Charities Commission and consider it prudent that unrestricted reserves should be sufficient to cover six months' running costs.
The trustees are confident that future income, and support from the Trustees will enable the charity to meet its foreseeable needs based on planned activity Investment Policy Under the memorandum and articles of association, the charity has the power to make an investment which the trustees see fit.
The trustees have considered the most appropriate policy for investing funds to maximise interest on funds available Approved by the Trustees on 11th May 2025 and signed on their behalf by Signed....................................................................................................... Fedenata- freenwood (Baad ...... Belinda Greenwood Clark Trustee
Statement of Trustees Responsibilities for the year ended 30th April 2025
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law requires the Trustees to prepare Financial Statements for each financial year which give a true and fair view of the situation of the charity and of its financial activities for the period. In preparing those Financial Statements the Trustees are required to: a) b) c) Select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent State whether the policies adopted are in accordance with SORP FRS 102 and with applicable accounting standards, subject to any material departures and disclosed and explained in the Financial Statements' d)prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue operating.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities
Signed ...................................................... Date...12th May 2025.........
.
7
Independent Examiners Report
8
| The Shetland Pony Welfare Trust | |||
|---|---|---|---|
| Detailed statement of Financial Activities for the Year ended 30th April 2025 | |||
| Incoming Resources | 2025 | 2024 | |
| £ | £ | ||
| Donations/Legacies | 44,175.05 | 57,129.26 | |
| Grants | 17,000.00 | 2,000.00 | |
| Interest | 1187.75 | 24.23 | |
| Refunds | 105.5 | ||
| Bal Bf 2024 |
46,127.65 | 3,353.00 | |
| Total | 108,595.95 | 62,506.49 | |
| Resources Expanded | |||
| Hay/feed/bedding | 22,557.26 | 7,573.88 | |
| Equipment | 5,728.31 | 2,696.10 | |
| Vet fees | 3,700.72 | 1,324.19 | |
| Farrier | 1,348.00 | ||
| Crematio111 Hunt kennel | 480.00 | 700.00 | |
| Building Materials | 372.46 | fuel | 710.79 |
| Water/Electricity | 1,494.01 | 904.99 | |
| Tel/website | 271.61 | 427.27 | |
| Postage | 62.40 | 207.62 | |
| Volunteer expenses | 460.93 | 196.21 | |
| Insurance | 301.10 | 1,436.66 | |
| Vehicle expenses | 7,307.86 | 62.55 | |
| Independent Examiners fee | 100.00 | Misc | 78.58 |
| Rent | 4,333.36 | ||
| Bank fees | 60.75 | 60 | |
| CMA membership | 197.50 | ||
| Transport pony rescue costs | 1,825.00 | ||
| Companies House | 34.00 | ||
| HMRC | 200.00 | ||
| TOTAL | 50,835.27 | 16,378.84 | |
| Net income(expenditure) | 57,760.68 | 46,127.65 | |
| Balance as at 30th April 2025 | 57,760.68 | 46,127.65 |
9
The Shetland Pony Welfare Trust Balance SMet Year ending 30th April 2025
Assets
| Assets | ||
|---|---|---|
| Fixed Assets | 2025 | 2024 |
| Tangible fixed Assets | 54,175.00 | 36,60 .00 |
| Current Assets | 108,595.95 | 62,506.49 |
| Cash at bank in hand | 57,760.68 | 46,127.65 |
| Amounts falling due within yr | 0.00 | -3,342.94 |
| Net current Assets | 108,595.95 | 59,163.55 |
| Total Assets current/fixed | 162,770.95 | 95,763.55 |
| Net Assets | 162,770.95 | 95,763.55 |
| Assets | 2025 | |
| Property and Equipment | 27,735.00 | 22,00.00 |
| Rxtures and fittings | 14,100.00 | 6,300.00 |
| Vehicles and Plant | 12,340.00 | 8,300.00 |
| Total | 54,175.00 | 36,600.00 |
| Less accumulated depreciation | 4,873.75 | 2,775.00 |
| Net current Assets | 49,301.25 | 33,825.00 |
| Funds | 2025 | |
| Resricted funds | 17,000.00 | |
| Unrestricted funds | 40,760.68 | 46,127.65 |
| Total funds | 157,897.20 | 92,988.55 |
| Current Uabilities | 2025 | |
| Amounts due in one year | -3,342.94 | |
| Total current liabilities | 50,835.27 | 16,378.84 |
| Total Assets current liabilities | 46.127.65 | |
| Funds at Charity | 2025 | |
| Restricted funds | 17,000.00 | |
| Unrestricted funds | 40,760.68 | 46,127.65 |
| Total current cash at bank | 57,760,68 | 46,17.65 |
10
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025 the members have not required the company to obtain an audit of its financial statements in accordance with Section 476 of the Companies Act 2006. The directors acknowledge Responsibilities for a) Ensuring that the company keeps accounting records which comply with Sections 386 and387 of the Companies Act 2006 and b) Preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of Rs profit or loss for each financial year in accordance with the requirements of Sections 394 and 395which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. These financial statements have been prepared in accordance with the special provisions of Part 15of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard (SORP) FRS102 (effective January 2015).
12th May 2025 The financial statements wore approved by the Board of Directors on ------------------------ and were signed by Kathryn Sullivan Director..........
.....................................................................
11
Notes to the Accounts
The Shetland pony Welfare Trust Notes to the Accounts For the year ended 30th April 2025
1.Basis of Accounting
a) Accounting Convention
b) Accounting Polices
The Financial statements have been prepared under the historical cost convention in accordance with the Charities Act 2015 and the Companies Act 2006, and in accordance with applicable accounting standards and the Charities SORP(FRS102) (effective 2015. Financial Instruments Basic financial instruments are initially recognised at the onset receivable or payable including any related transaction costs c) Going Concern The Trustees have prepared the accounts on the going concern basis as there are no future planned or committed expenditure beyond that which can be supported from known income or current levels of reserves d) Disclosure exemptions The Charity has taken advantage of the exemption in FRS102from the requirement to produce a cash flow statement because it is a small charity . e ) Incoming Resources All incoming resources are included on the statement of Financial Activities when the charity is legally entitled to the income, and the amount can be quantified with reasonable accuracy.
The Shetland Pony Welfare Trust Notes to the accounts cont. f) Resources Expanded Resources expanded comprise all expenditure directly relating to the objects of the charity, and is accounted for gross, and when incurred. Expenditure is recognized on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates Fixed Assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life Vehicles 25% Reducing Balance Equipment/Buildings 10% On cost Plant 5% On cost g) Fund Accounting 1.Unrestricted funds are available for use at the discretion of the trustees to further any of the Charities objects 2.Designated funds are unrestrictunds earmarked by the trustees for future projects or commitment Restricted fs are trust funds subject to specific restrictive conditions imposed by sponsors and until the restriction has been satisfied h) Resources Expended 1) Charitable Activities £ 62,468.30 2025 2024 £ 59,153.49
12
The Shetland Pony Welfare Trust Notes to Accounts cont.
Taxation
2.The Charitable company is exempt from corporation tax on its Charitable activities.
3.Tangible Fixed Assets
At 30[th] April 2025
Property and Equipment 27,735.00 Fixtures and fittings 14,100.00 Vehicles and Plant 12,340.00 Total 54,175.00
Total Depreciation Charge At 30th April 2025 4,873.75 Property and Equipment 1,756.25 Fixtures and fittings 1,025.00 Vehicles and plant 2,092.50 Nett tangible fixed Assets 49,301.25 At 30[th] April 2025
Vehicles and plant Property/equip Fixtures and
fittings
At 3oth April 2024 8,300.00 22,00.00 6,300.00Total 36,600.00 Total depreciation charge at 30/4/24 1,650.00 810.0 0 315.00 2,775.00
Total Tangible fixed assets at 3/4/ 24 33,825.00
At 3oth April 2025
49,301.25
-
Investment Income Bank Interest Received As at 30th April 2025 £1,187.75 5. Creditors Amounts falling due within one-year 2025 zero.
-
Restricted funds As at 30/4/25 17,000.00 7. Total funds at bank 30/4/25 57,760.68
Company Ltd by Guarantee the Member's Liability is Limited to a maximum of £1.00
13