COMPANY REGISTRATION NUMBER: 04712789
(REGISTERED IN ENGLAND AND WALESI
L.r lis /lsp
THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
ANNUAL REPORT
FOR THE YEAR ENDED
31 MARCH 2023
Charity Number= 1098257
11111
•ACIXCHFL•
2211212023
COMPANIES HOUSE
A37
#121

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
YEAR ENDED 31 IIIARCH 2023
Page
Report of Ihe Trustees
Auditorfs Report
13
Statement of Financial Activilies
16
Balance Sheet
17
Statement of Cash Flows
18
Notes to the Financial Statements
19

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
YEAR ENDED 31 MARCH 2023
TRUSTEES REPORT
The Trustees. who are also Directors under company law. are pleased to present their annual report and
Ihe audited financial statements for the year ended 31 March 2023 under S417 of the Companies Act 2006
and the Charities Act 2011.
The financial statements have been prepared in accordance with the accounting policies set out in the
notes to the financial ststements, comply wrth the requirements of the Companies Act 2006, the Company's
Memorandum and Articles of Association arKI have been wepared in accordance wrth Charities Statement
of recommended Pradice applicab￿ to charities preparing their accounts in the accordance with the
provisions of Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102 -section
1A- for smaller entities).
REFERENCE AND ADMINISTRATIVE DETAILS
The Horse Rangers Association (Hampton Court) Limited Ithereafter HFIAI (Company Registration
4712789) is a Charitable Company (Charity Registration No 1098257), with the liability of its members
limited to £10 each by guarantee. The charity's registered office is located at Royal Mews, Hampton Court
Road, East Molesey. Surrey KT8 9BW
Website
www.horserangers.com
HRA retains serrfices of the following key professional advisors: .
Bankers - HSBC Bank Plc, 54 Clarence Street. Kingston Upon Thames, Surrey KT1 1 NS
Auditors - Brewers Chartered A¢¢ountants. Boume House. Queen Street, Gomshall, Surrey GU5 9LY
STRUCTURE. GOVERNANCE AND MANAGEMENT
GOVERNING DOCUMENT
HRA is govemed by its Memorandum and Artides and is registered for charitable purpclses with the Charity
Commission, Charrty Registration number 1098257.
GOVERNING BODY
HRA review annually the skills and competencies of the B0￿d of Trustees to maintain the right level of
knowledge. experience, and skill. Opp¢Ytunities for training and support in their roles are provided as and
when required. Trustee are rewited by advertising vacancies wrth online trustee recruitment portals and
from within the HRA community. HRA Trustees are elected at a full board meeting with confirmation at the
next annual general meeting. or when properly nominated at a general meeting. ConsKleration on eligibility
is given to personal competence and specialist S￿lIs, and once elected they are delegated an area of
responsibilty. The following trustees of HRA served during the year. -
Trustees
Area of Responsibility
Je￿mY S¢homberg Chair
Hugh Player
Vice Chair
Liarn Keamey
Company secretary. and Property
Marcia Hodfley
Remuneration. RDA
Joanna Clay
Govemance
Caroline Osmer
Finance. Remuneration- Reswned 21 September 2022
Gemma Ractliffe
Strategy
Ben Skuse
Resigned 22 May 2022
Nikki Harrison
Fundraising - Appointed 17 January 2023
Rhiannon Board
Appointed 24 October 2023
Misty Gale
L-
Appointed 24 October 2023

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
YEAR ENDED 31 MARCH 2023
During the year meetings are held on a regular basis with Trustees. the Director and other key irKlividuals
attending when necessary (e.g., Safeguarding Lead, Fundraiser etc.) to determine the general policy of the
charity and review rts results and overall management and control. The Board of Trustees as a whole take
responsibility for all policies and wocedures relevant for HRA.
The work of implementing the policies and managing the day to day Nnning of the organisation is Carried
out by the Diredor, arKI details of the current staffing is provided as per organisation thart bel¢)w.
Director
Insiruclors
12 part limel
Head Grooi
Ifull limel
Qfli¢e
Adminisiralion
3e'ielopilleol aro
Volunieers
Man3ger
Ivlenibers ano
'lolunieers Liaison
M3n3ger
Accounlant
IpaN liinel
02puly
Grooyn
Grwms
12 full time. 1 part
As at the date of this report the Director of HRA is Jeremy Richardson and the Development and
Volunteers Manager also acts as the Safeguarding Lead.
The Board of Trustees recognises its responsibility to ensure that adequate risk management procedures
are both in ￿ace and implemented to ensure a safe workn.ng environment. The Board has accountability for
reviewing and approwng the adequacy and effediveness of intemal controls operated by the tharity. A risk
register is maintained which identif￿$ areas in which the organis*ion might be vulnerable or on which we
need to focus attention. this is managed by Hugh Player. who reviews the register on a regular basis with
the Director and Trustees. either individually or at Trustee Meetings. At each meeting the Board of
Trustees receives and monitors reports on Health and Safety and Safeguarding.
HRA have been based at the Royal Mews since 1963. The Royal Mews is a Grade 1 Listed building
owned and maintained by the Royal Househokd (our Landlords). arKI as a result of the regular review by
them on the condition of the wemises. they have identif￿1 the need for some extensive renovations and
refurbishments. HRA were advised by our landlords that we needed to vacate the Royal Mews by
30 September 2022, to which we complFed, this 1$ only envisa9ed as temporary, and we are liaising with
the landlords as to their schedule of works.

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
YEAR ENDED 31 MARCH 2023
We have been granted use of land owned by the Royal HoUse1￿1d at the Royal Paddocks, field shelters
and buildings, this land is dose-by and in tum is wtihin Bushy Park. Building works and refurbishments to
the Royal Mews have not started and are due to take a further 18-24 months.
Office space has also been secured nearby at Constsbles Boatyard and we continue to enjoy our
longstanding use of the Stockyard and riding in Bushy Park.
The ¢harity retains Citation Ltd as specialist advisers on Human Resources. Employment Law and Health
and Safety. As part of their contract Citation undertake a Healih and Safety Executive (HSE) audrt of the
P￿rnIseS each year.
The Charity is a member of the National Council of Volurrtary Organi$ations (NCVO}, the largest umbrella
body for the voluntary and communty seLtor in EnglarKI. The NCVO highlights changes in govemment
policies and legislation to its members.
HRA is registered as a riding estsblishment with the London 8orough of Richmond upon Thames and as an
approved riding centre with the British Horse Society {BHS). As such. rt is inspected annually by each of
these bodies.
In the most recent BHS inspection, HRA was awarded Commended or Highly Commended in all relevant
areas.
As a Member Group of the Riding for the Disabled Association (RDA), our Special Needs RDA Coaches,
RDA Assistsnt Coaches and RDA Trainee Coaches are assessed on a regular basis to ensure that riding
sessions are being delivered to standard. The RDA Regional Coach visits several times during the year to
ensure qualty is maintained and any development needs are addressed as appropriate.
All staff, adult volunteers arKI members over 18 years. okl who have dired access to children or adults at
risk. complete an Enhanced Disdosure and Barrin9 Serrfice check. They are also required to adhere to the
training requirements set out the Safeguarding.. Protecting Children and Adulis at Risk Policy. which is
reviewed annually. The Charity employs a member of staff who acts as Safeguarding Lead and she is
supported by deputy Safeguarding Leads.
All members, staff, and volunteers accept that riding invofves taking risks. Trese are minimised by careful
training arKI supervision. There are established procedures in Pla￿ for dealing with accidents, and an
analysis of incidents is rep￿ted, with a view to identrfying problem areas and mitigating future risks.
It should be noted that each horse has a weight carrying limit and that any rider above the relevant limit
may te restricted or unaNe to ride.
OBJECTIVES AND ACTIVITIES
In setting objectives and planning for activities the Trustees h￿e complied with the duty in Section 17 of
the Charities Act 2011 to have due regard to the public benefrt guidance published by the Charrty
Commission.
Objectfves
HRA is a self-supporting. non-profit making. voluntary youth organisation which enables young people to
develop life and leadership skills through leaming to ride and look after their horses and ponies. It also

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
YEAR ENDED 31 MARCH 2023
supports an active Riding tr the Disabled section integratirKJ. wherever possible, those with special needs
within mainstream Horse Ranger activittes.
Our objectives are..
To help members to leam independence and con￿rn for othets by guidirvJ them with discipline
lowards the qualities of integnty. loyalty, honour and trust that will prepare them to become worthy
citizens.
To enable members to develop the skills of good horsemanship through the provision of riding
instruction, stable management training and other aspects connected with horses and general
recreation.
To encourage senior members to Supp￿ both younger members and those with special needs as
part of their personal development and in order to achieve promotion through the ranks of the
organisatson.
To continue the growth and development of our Supporting Families Programme
To continue our work V￿thIn the l¢xal community, with local schools, Children's Servi¢es, care
homes and Young Carer networks. HRA is a member group of RDA and offer weekly riding
sessions for children and adutts, as well as Outreach days for young carers and disadvantaged
Children.
Activities underiaken to a¢hieve objeclives
Membership of HRA is available to all young people irresFective of background or alxlity Assistance with
membership, induding provision of unifonns. is gNen to individuals who can demonstrate financial
hardship.
Members (known as Rangers) attend on a weekly basis and are taught atM)Ut all aspects of horsemanship,
including riding and looking after horses. Rangets are grouped into Squadrons. which meet at set times
each week throughout the year wtth sessions lasting betr￿en 3 to 5 hours. Activities alternate each week,
with Rangers enjoying riding and badge work one week and then doing stable management. paddock
duties and further badge work the following week. Squadrons are run entirely by adult volunteers, most of
whom were Rangers tPwnselve$ as Children.
As they progress, Rangers leam the skills necessary to look after the horses aThJ ponies. They develop
confidence and a sense of pride in themselves and their abiltties. Further they leam leadership and team
working skills, as they take responsibilrty of supervising and teaching youThJer Rangers. A child of 8 who
joins as a Ranger in the junior section, will gradually be given responsibilty for undertaking tasks and
mentoring other young members before moving to senior seciion at the age of 10. where the same
sequence of progression continues.
Young people with special needs are integrated, where possible into the mainstream squadron activities.
However. for those with more acute requirements, HRA is a member of ROA and is able to offer
different programmes (Squadrons 6 and 7) for riders wilh special needs.
Whilst the covid pandemic has had a very adverse effect on our RDA a¢tivtties. we have been running
regular assessments for both participants and volunteers to get our RDA operations back on track.
We have planned a number of extra activities offered to Rangers which include..
visit to the stables at Great Scotland Yard with 20 Rangers, family tickets to the Beating Retreat concert

THE HORSE RANGERS ASSOCIATION {HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
YEAR ENDED 31 MARCH 2023
at Horse Guards Parade, a Trip to the Metropolitan poli￿ Slables arKI training at Imber Court with 30
Rangers. a visrt to the Kings Troup with 20 Rangers.
And we will be planning a special offer to all Rangers and their famil￿ to I￿ skating at Hampton Court,
available for 300 members and family. All tn'ps are escorted by staff or volunteers.
Squadron 6 operates Thursdays arKI Fridays during tem time and provides riding opportunit￿$ for
local disabled children and adults at risk. Classes take place in the Indoor Riding School at the
stockyard and in Bushy Park and last on average 45 minutes. We also provide ground-based
opportunities for indNiduals looking to access horse facilitated leaming to help build confidence and
self-esteem.
Squadron 7 operates on a Wednesday evening and aims to give Y(￿ng people with disabilities a
similar programme of activities as the mainstream Squadrons, whilst hamessing elements of the
RDA programmes. Vle ￿[rentlY have 6 participants who wver rTrding and aspects of horse
management such as grooming and horse equipment. Many Rangers from the mainstream
Squadrons ¥e volunteers helping to run the Squadron which is mutually beneficial.
HRA is very reliant on volunteers to fulfil its objectives. Volunteers are mostly long-standing members of
HRA. and whilst still énjoying coming in, they are encouraged to take on extra responsibilities to help the
younger Rangers leam and take full benefft of the indusive wmmunity offered. These Rangers,
Commandants and offi￿rS run the programme of activities for Squadrons 1 to 5 and volunteer RDA
coaches run the Kngramme of ac*Ntlies during the week for Squadrons 6 and 7.
A summary of the composttion of each Squadron is provided bekm {as of 31 March 2023) -
Mainstream Horse Rangèrs
Membership
Numbers
Rangers
Unattached Rangers
Total Rangers
SQN1
SQN2
SQN3
SQN5
TOTAL
55
67
59
29
210
20
230
71
29
Total Officers inc
Cadet Officers
Total Officers
16
14
16
14
Overall Tolal
276
275
Prior Year

THE HORSE RANGERS ASSOCIATION IHAhlPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
YEAR ENDED 31 MARCH 2023
SQN6
SQN6
Number of places per week for local riders with Special Needs
Maximum number of riders per class
RDA Group Coaches
RDA Assistant Coaches
RDA Trainee Coaches
Number of RDA Classes per week (during school tems)
Average number of volunteers required for each session
Number of volunteers registered for RDA sessions
18
12
33
SQN7
Rangers
RDA Group Coaches
RDA Assistant Coaches
RDA Trainee Coaches
Average number of volunteers required for each session
Number of volunteers registered for RDA sessions
SQN7
10
15
Breakdown of Rlders, S
Communication Problems
Sensory Disability
Disability which affects ability to walkjweight bear independently
Autistic Spectwm Disorder
Leaming Disalj'lity
Multiplelcomplex Disabilrty
cial Needs:
21
10
We are gradually increasing our numbers for Rangers but rt has been from quite a low base after the covid
hiatus. We have improved our RDA cwerations as our volunteer numbers have picked up after the
pandemic.
We are managing our temporary move from the Royal Mews. Horses are based, stabled and tumed out at
the Stockyard and at the Royal Paddocks however the start of the HRA operations ahTays begins and ends
at the Stockyard.

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
.YEAR ENDED 31 MARCH 2023
ACHIEVEMENTS AND PERFORMANCE
Progression through the Horse Rangers is moniiored by badge work and promotions. During the year, as
and when achieved, Rangers will receive their badges (Tenderfoot. Bronze Spur, Silver Spur and Golden
Spur), recognising a Gombination of tethnical knowledge arKJ horsemanship at the required level.
HRA has an online portal for Rangers Called PonyHub. Rangers are able to a￿sS their training, badge
records and lecture infomiation. It was laun¢hed in 2019 and proves very useful for Rangers to l¢)ok at their
progress and to aC￿SS equine lectures uploaded by the Instructors and Commandants. Pony Hub is also a
plao for medical records and emergency o)nt* infomation to be stored securely.
The priorities for Trustees for 2022123 were: .
To maintain a safe environment for all ow members and staff.
To cary out risk assessments to all￿ the safe opening up of Ranger actNities, when possible,
within government restrictions.
To ensure the charity continues to operate efficiently.
To recognise that, as a chaiity, we need to fundraise to cover our core costs and so broadening and
growing our fundraising base. specifically developing long term relationships.
To maintain tight Control on costs and lookiNJ for efficiency savings wherever possible.
To maintain the high stsndard of welfare for the Prt)rses used by the Rangers.
To continue to develop our outreach kwogramme. targetir¥ disadvantaged members in our local
communty. and
To grow our volunteer base so as to spread the invaluable work which they do for the charity more
evenly and engaging more with the local communrty.
Ranger numbers have improved in the year 2022-2023 followrng on from the lockdown periods, we are still
bit low on Ranger numbers compared to pre-pandernic levels, our volunteer numbers are getting better
and we hope to In¢￿ase Ranger numbers for the next financial year.
HRA has had another ChaI￿nging year. Success in obtsining Grants for wr work has remained difficult
atthough it has improved on the previous year. Running costs have been kept on a tight rein and this has
improved our posth'on slightly, bui the year remained a very drfficult one. To in¢rease our Rangers numbers
we hav8 to ensure we have enough capable volunteers to manage the Ranger numbers on the day, whilst
volunteer numbers are getting better we are always keen to welcome new volunteers for our weekend
sessions. Our thanks go out to all our ￿rrent volunteers for their dedication and hard worf( over the year.
Over the past year. donations and grants have inueased frc*n the prior year although not to the extent we
should like, or have forecast. HRA are very grateful to some of our major Grant providers who have given
us money for our programmes this year. The Trustees are extremely grateful for all funds re￿iVed and
would like to especially thank the foll0v￿ng for their generous donations.. -

THE HORSE RANGERS ASSOCIATION (HAhlPTON COURTI LIMITED
COMPANY LIMITED BY GUARANTEE
YEAR ENDED 31 MARCH 2023
City Bridge Trust
Community Foundation of Surrey
Edith Murphy Foundation
Groundwork UK
Jack Petthey
JAM Trust
National Lottery
Rowan Bentall Trust
Shanly Foundation
Souter Charitable Trust
The Edward Gostling Trust
Womens Freemasms
Your School Lottery
In addition, the Trustees would like to thank everyone who has donated to HRA via regular monthly
payments, online giving in support of some of our horse costs arKI vet bills. Unfortunately, during 2021-2023
we were not al￿e to raise funds at our usual events hekl over the course of the year but this is changing and
improving for 202312024.
However, some generous support and donations. in particular from all those contributed towards our
vet bills for Breeze, Peter Woodberry Watts. JAM Trust and the very many individual donors that have
enabled HRA to continue our programmes with Riding for the Disabled and the (Jevelopment and grovAh of
our Supporting Families Programme durirKJ the year. HRA is especially grateful to the stable staff and
volunteers who work very hard to ensure all our activities are a memorable and enjoyable experience for all.
During the year HRA Continued to invest where possible in training for our staff and volunteers (primarily
the officers within each Squadron) by ensuring that all necessary training is provTrded to enable complian
with regulations and also offer the atmlty to improve skills and increase knowledge. The table below
summarises the courses atterKled during the year. which are in addition to training undertaken by the
Rangers within their own squadrons.
All Officers are Safeguarding trained and all other Rangers over the age 18 either have Safeguarding
training or are scheduled on a training course in the next 12 months.
All Officers are First trained and DBS thcked with a schedule of re-training planned in the year 2023-
2024.
All staff are DBS, Safeguarding and First Aid trained.
It should be noted Ihat RDA Coaches and Trainee coathes are qualrfied according to nationally recognised
standards of the RDA.
The suitability. heatth and welfare of all the horses at HRA is managed at a very high standard by the Head
Groom and her staff. The Stable staffs dedication and teamwork erk8ure that the horses are able to
contribute in a very positive way with all the activities at HRA.

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED 8Y GUARANTEE
YEAR ENDED 31 MARCH 2023
A summary of horse numbers arKI responsibilities is $￿0vtded below: .
Responsibility
Mainstream work only
RDA and Mainstream
In retirement - used for teaching
In Training
Off work
Horses
10
23
FINANCIAL REVIEW
HRA has rewted a loss of £132,447 (2022.. loss £32.093) for the year. PrincApal funding sources are
donations from rangers and grants.
Income of £528.337 (2022.. £545.511) was lower than the preVI￿S year as the net result of.. _
Donations of £399,201 (2022: £365,599) have increased due to a retum to more nornial levels of
activity and in 2023.
Other income of £25.608 <2022.. £30,475) decreased due to receipt of £9,239 in 2022 from the
Coronavirus Job Retention Scheme offset by a £4.372 in¢￿ase in Veterinary insurance recovery.
Grant income of £84,577 (2022: £140.599) decreased principally due to some long tenn funding
awards coming to an end in 2022. programme. HRA employed an exiemal consu￿ant to assist with
the submission of grant applications.
Other Trading Activities of £17,195 {2022: £7.413) increased mainty through an appeal which raised
£11,500 for vet costs for Breeze.
Investment income of £1.776 (2022: £1.425)
Expenditure of £660,784 {2022: £577,604) which has inueased signfficantly is principally due to 2022
benefiting from an insurance daim of £42,819 compared to a loss of £3.650. an increase in staff costs of
£17,193, an increase in training arKI health and safety of £6,877, rent for temporary premises of £7,509,
number of one off relocation costs of £7,419, increased depre¢iation of £12,405. a £18.240 increase in
fundraising costs offset by redudions in repairs and maintenance of £9,216. a fall in Horse costs of £13.443
and legal and professional fees of £5.326 and a saving of £6.409 on office, staff and motor costs.
The net cash position has decreased from £278,635 to £98,672 due to £69.000 being invested in new
assets following the move to new premises, repayment of £9.OCK) of the Bounce Back loan of £9.CM)O with
the balance being used to fund operational activitEs.
During the year Management at HRA continued to pursue an ambitious and challenging fundraising
programme to bridge the gap be￿een income and costs. In particular they were able to secure agreement
io-

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
YEAR ENDED 31 MARCH 2023
for a year grant vthich will bring in £88,000 over the two year period. The costs of providing each
element of HRA'S activrties are monitored against the funding received, hwhlighting where targeted efforts
with resped to fund raising are required. Of particular note is the Supporting Families programme where
opportunities are given to families who would otherwise struggle to a￿sS the experience HRA offers.
Grants are awarded on the basis of eligikn'lity and the cost of providing the service and each application is
considered individually to ensure the right level of support is available. DLJring the year 31 Rangers
benefitted from funds raised to support this programme.
Whilst at a still reduced level of adivty. there has been growth in the RDA programme arKI it remains an
area where HRA is 10(Vh committed to its development. Going forwards we have a training plan in place to
qualify some of our volunteers as accredited RDA coaches and this in turn will allow us to substantially
increase our numbers and benefits for RDA riders.
Going Concern
On 31 March 2023 HRA had unrestricted free reserves of £12,749 (2022.. £189,174), The aftemiath of the
pandemic and getting HRA back up to speed, combined wrth the re-focusing of funding from some of our
core grant givers away from HRA and other established tharities had a finanaal impact over the 2022-2023
financial year. The budget produced by the trustees to 31 De¢ember 2024 forecasts that free reserves will
be £75.000 by that date, the trustees together with staff and volunteefs are spending time looking at ways
to improve the Charity's financial position to guarantee its future. The trustees however remain optimistic
that the level of grant income budgeted remains achievable. as rt is a conservative estimate of the grant
applications submitted. and engagement of a fuS1-time fundraiser should result in an improvement to the
charity's financial position. For these reasons. the trustees believe it appropriate to continue to prepare the
accounts for the ye¥ to 31 Mach 2023 on a going concem basis.
Reserves Pollcy
HRA'S current reserves policy is to ensure there is no disruption to activities in the event of an unforeseen
reduction in income or increase in expendrture. The reserves have decreased from £189.174 in 2022 to
£12,749 in 2023. The trustees are optimistic that the posth'on should improve by March 2024 as stated
under Going Concem above.
The reserves policy is kept urKler regular review and Trustees base their decision on an evaluation of risk
in order to set the appropriate free available reserves level. It should be noted that the level of reserves
which HRA retains in more difficult economic times may be higher than in a more benign environment
reflecting addrtional difficulties in tying to fundraise (to meet any funding gaps) In such circumstan￿S.
Investment Policy
HRA has absolute powers of investment of its corporate reserves. The Board continue to review the
investment risks and rewards in the current state of the market. ￿r policy is to put funds not required for
day-to-day cash management in hoher yielding deposit accounts.
HRA have continued to maintain accounts at fve dÈfferent banks and building societies, with a view to
reducing the organisation's exposure to individual financial insts"tutions and to improve investment yield. Each
of these accounts continues to be covered under the Financial Services Compensation Scheme. HRA will
Continue to monitor whether additional accounts ￿11 be required in the future.
The Trustees continue to ￿VIeW the baD￿n9 arrangements in order to a￿rtain whether better rates of
interest can be earned by Gonsidering a￿ernatIve appropriate investrnent options and also whether HRA
can redu￿ bank charges in the future.

THE HORSE RANGERS ASSOCIATION (HAMPTON COURTI LIMITED
COMPANY LIMITED BY GUARANTEE
YEAR ENDED 31 MARCH 2023
FUTURE PLANS
HRA will continue to offer opportunities to children and young people wiihin the IoGal community aThJ is a
unique organisation. HRA is not a rtding school. and Rangers not only achieve the next best thing to
owning their own horse but also fonn many dose and enduring friendships. wrth the organisation
supporting indivtduals to become well-rounded members of sooety.
Specific future plans will: .
Progress discussions arKI negotiations regarding a long-term solution for premises from which HRA
can operate"
Review HRA'S fundirvJ model to ensure a more stsble revenue base, which matches the cost of
delivery of the organisats'on's adr4ities'
Promote HRA and the beneffts of being a Ranger more widely in the local communty. In particular,
facilitate disujssions behveen HRA. BHS and RDA to ensure greater alignment of teaching and
qualifications.
STATEMENT OF TRUSTEES, RESPONSIBIUTES
The Trustees who are also directors of HRA are responsible for preparing the Trustees Report and
Financial Statements in accordance with applicable law and United Kingdom Generally Accepted
Accounting PracticE.
Company law requires the Twstees to prepare accounts for each financial year which give a true and fair
view of the state of affairs of the chantable company induding the income or expenditure.
In preparing the accounts the Trustees are required to:
Select sulta￿e a¢¢ounting policies and then apply them consistently"
ObseNe the methods and principles in the Charities SORP:
Make judgements and estimates that a￿ reasonable and prudent".
State whether applicable accounting stsndards have been followed, Su￿"8Ct to any material
departures disclosed and explained in the accounts,. and
Prepare the accounts on the going concern basis unless it is inappropriate to assume that the
company will continue in business.
The TNStees are responsible for keeping proper accounting records which disclose. with reasonable
a¢¢ura¢y, the finan￿al position of the charitable company at any time. and to enable them to ensure that
the accounts comply with the provisions of the Companies Act 2(K)6. They are also responsible for
safeguarding the charitable company's assets and hen￿ for taking reasonable steps for the prevention and
delection of error, fraud or other irregularrties.
The Trustees confinn, as far as they are aware, that there is no relevant audit infomiation of which the
charitable company's auditors are unaware; and that the Trustees have taken all steps that they ought to
have taken as Trustees in order to make themselves aware of any relevant audit InfO￿atIOn and to
establish that HRA'S audtlors are aware of that infomation.
This report has been prepared in a¢cordan¢e ￿th the Special Provisions
15 of the Companies Act 2006.
mall Companies under Part
eremy Schomberg Trustee
Approved by the Trustees on 19 December 2023
12-

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
YEAR ENDED 31 iaARCH 2023
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE HORSE RANGERS ASSOCIATION
IHAMPTON COURTI LIMITED
Opinlon
We have audited the financial statements of The Horse Rangers Association (Hampton Court) Limited (the
'charilable company,) forthe year ended 31 March 2023 which comprise the Statement of Financial Activities,
the Balance Sheet, statement of cashflows and notes to the financial statements. induding a summary of
significant accounting policies. The finanrial ￿portIng framework that has been applied in their preparation
is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102
The Financial Reporting Standard appI￿able in the UK and Republic of Ireland (United Kingdom Generalty
Accepted Accounting Practice).
In our opinion. the finanoal statements:
give a true and fair view of the state of the charitable company's affairs as at 31 March 2023 and of
its incoming resoUr￿S and application of ￿sOurCes. including its income and expenditure, for the
year then erKled;
have been woperly prepared in accordan￿ v4rth United Kingdom Generally Accepted Accounting
Practice,. and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with IntematN)nal Standards on ALbJiting (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of the
charitable company in accordance wth the ethical requirements that are relevant to our audit of the financial
statements in the UK. induding the FRC'S Ethical Standard. and we have fulfilled our other ethical
responsibilitses in accordance wrth these requirements. We believe that the audit evKlen¢e we have obtained
is sufficAent aTrJ appropriate to provide a basis for our opinion.
Material uncertainty relating to Golng Concern
We draw your attention to Note 26 in the financial statements, which indicates that the charitable company
incurred an unrestricted loss of £131.746 in the year ended 31 March 2023 and as of that date free reserves
were £12,749. The level of free reserves along wtih other matters in Note 26 indicates that a material
uncertainty exists that may cast signtficant doubt on the charitable company's ability to contsnue as a going
COn￿rn. Our opinion is not modifred in resped of this matter.
Our responsibilities and the responsibilities of the trustees with respect to goiThJ con¢em are described in the
relevant sections of this report.
Other infomiatlon
The other infomiation comprises the information induded in the annual report other than the financial
statements and our auditorfs report thereon. The trustees are responsible for the other information contained
within the annual report. Our opinion on the financial statements does not cover the other infomiation and,
except to the extent Other￿lse explicitly sL2ted in our report, we do not express any fom of assuran
conclusion thereon. Our responsibility is to read the other infomiation and. in doing so, consider whether the
other information is materially inconsistent with the financial ststements or 0￿ knowledge obtained in the
course of the audit or otherwse appears to be materially misstated. If we identify such material
inconsistencies or apparent material misstatements, we are required to detemine whether this gives rise to
a Material misstatement in the finan￿al statements themselves. If. based on the work we have performed.
we conciude that there is a material misstatement of this other infonnation. we are required to report that fact.
We have nothing to report in this regard.
13

THE HORSE RANGERS ASSOCIATION (HAMPTON COURTI LIMITED
COMPANY LIMITED BY GUARANTEE
YEAR ENDED 31 MARCH 2023
Opinions on other matters prescribed by the Companies AGt 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the trustees. report. whth includes the directors, report prepared for company
law purposes, for the financial year for which the financial statements are prepared is consistent with
the financial statements., arKI
the and the diredors. report induded within trustees. report has been prepared in accordance
with applicable legal requirements.
Matters on which we arn required to report by excoption
In th8 light of the knO%￿edge and understanding of the charitable company and its environment obtained in
the course of the audit. we have not identified material misstatements in the trustees, report.
We have nothing to report in respect of the following mattets in relation to vthith the Companies Act 2006
requires us to report to you rf. in our otmnion:
adequate accounting records have not been kept, or returns adequate for our audit have not been
received from branches not visited by us., (
the financial statements are not in agreement with the accounting records and ￿turnS. or
certain disclosures of trustees. remuneration specified by law are not made,. or
we have not received all the infomats'on and explanations we require for our auditl,. or
the trustees, were not entitled to prepare the financial statements in accordan￿ with the small
companies regime and take advantage ofthe small companies, exemptions in preparing the trustees,
report and from the requirement to prepare a strategic report.
Responsibilities of trustees
As explained more fully in the tN$tee$' responsily'lities statement sel out on page 11 the trustees (who are
also the directors of the charitable company for the purpThes of company law) are responsible for the
preparation of the financial staternents and for being Satisfied that they give a true and fair view, and for such
internal control as the trustees determine is necessary to enable the preparation of financial statements that
are free from material mi$slatement. whether due to fraud or error.
In preparing the financial sL*ements. the Intstees are responsible for assessing the charitable company's
atHlity to continue as a going con￿rn. disclosing. as applicaNe. matters related to going concem and using
the going concern basis of accounting unless the trustees erther intend to liquidate the charitable company
or to cease operations. or have no realisti¢ altemative but to do so.
Auditorfs responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assuran￿ about whether the financial statements as a whole are
free from material misstatement, whether due to fraud or error, and to issue an auditorfs report that includes
our opinion. Reasonable assurance is a h￿h level of assurance. but is not a guarantee that an audit
conducted in accordance wth ISAS (UK) will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered matenal rf, individually or in the aggregate,
they could reasonably be expected to influence the economic decisions of users taken ￿ the basi5 of these
financial statements.
Audit procedures undertaken in response to the potential risks relating to irregularities (which include fraud
and non-compliance with laws and regulations) Comprised ofr. inquiries of management and the Trustees as
to wh8ther the entity complies with such laws and regulations: enquiries wrth the same concerning any actual
or potential litigation or daims,. inspection of relevant legal ¢orresponden¢e' ￿VIeW of Trustee meeting
minutes,. testing the appropriateness of joumal entries: and the perfonnance of analyti¢al revbew to Klentify
unexpected movements in account balances which may be indicative of fraud.
14-

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
YEAR ENDED 31 MARCH 2023
No instances of material non-complian￿ were identified. However, the likelihood of detecting irregularities,
including fraud, is limited by the inherent difficulty in dete¢ting irregularities, the effectiveness of the entity'$
controls, and the nature, timing and extent of the audit procedures performed. Irregularities that result from
fraud mwhl be inhe￿ntlY more difficult to detect than irregularities that resu￿ from error. As explained above,
there is an unavoidable risk that material misstatements may not be detected, even though th8 audit has
been planned and perfonned in accordance with ISAS (UK).
A further de￿riptIOn of our ￿pons1￿.11ties is lo¢ated on the Financial Reporting Council's Y￿bsIte at:
. This des¢ripts'on forms part of our auditor's report.
Use of our report
This report is made s￿elY to the charitable company's Members. as a body. in accordance with Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the
haritable company's mernbers those matters V￿ are required to state to them in an auditor's report and for
no other purpo
. To the fullest exlent pemiitted by law. we do not accept or assume responsibilty lo anyone
other than the
aritable company and the chariiable company's members as a body, for our audrt work, for
this report, or f
the opinions we have fonned.
Andrew Skilt
lor Statutory Audtior)
For and on behalf of Brewers Chartered Accountants, SL*utory Auditor
Boume House
Queen Street
Gomshall
Surrey
GU5 9LY
19 December 2023
15

THE HORSE RANGERS ASSOCIATION (HAMPTON COURD LIMITED
COMPANY LIMITED 8Y GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOWiE AND EXPENDITURE ACCOUNT
YEAR ENDED 31 MARCH 2023
Total
Funds
Year
Ended
Unrestricted Restricted 31 March
Funds
Funds
2023
Total
Funds
Year
Endod 31
March
2022
Income From:
Donations and grants
Other trading activities
Investrnents
Other
Total
416.751
17,195
1.776
67,007
483,758
17.195
1,776
25 608
5(X.198
7,413
1,425
Expenditure on:
Raising funds
CharIta￿e activities
Total
38,620
604 899
38.620
622 164
17,392
Net {expenditure)Ilncom•
Transfer be￿een funds
Net Movement in funds
(182,189)
49,742 (132,447) (32,093)
18,19
Reconciliation of funds
Funds Brought fomard
Funds Carried forward
227 897
38 463
266 360
298 453
18,19
16-

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
BALANCE SHEET
YEAR ENDED 31 MARCH 2023
31 March
2023
31 March
2022
Unrestricted Restricted
FIXED ASSETS
Investments
Tangible assets
13
14
34.481
117,881
73,902
CURRENT ASSETS
Debtors
Cash at bank and in hand
15
19,143
19.143
114709
133852
54,2¢)0
278 635
332 835
103 702
CREDITORS: Amounts falling
due within one year
58 365
NET CURRENT ASSErs
TOTAL ASSETS LESS
CURRENT LIABILITIES
128.739
37,762
166,501
307,654
CREDITORS: Amounts falling
due after one year
17
NET ASSETS
FUNDS
Unrestricted
Restricted
18
19
96,151
96.151
227,897
TOTAL FUNDS
These Financial Statements have been prepared in ￿0)rdance with the special provis￿ for small companies under
Part 15 of the Companies Act 2006 and in accordance with the provIs￿nS of FRS 102 Section 1A- sffoll entities.
The Trustees acknowledge their reSp￿sIbilIt￿ for. -
ensuring that the charity keeps proper aCC￿nting recorts which compty wth Sections 386 and 387 of
the Companies Act 2006. and
{ii) preparing Financial Statements which give a true and fair view of the slate of affairs of the charitable
company as at the end of the financial peric#J and of rts surplus or de￿it for the financial period in
accordance with the requirements of Sections 394 and 395. and which othe￿Ise comply with the
requirements of the CoMpan￿S Act relatsThJ lo Financial Statements. so far a5 applicable io the
charitsble eompany.
These Financial Statements were approved by the members of the Board on 19 December 2023 and a￿ signed on
their behalf by:
MHO
ley
Company number..
Charrty number..
712789
1098257
Chair
17-

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
STATEMENT OF CASH FLOWS
YEAR ENDED 31 MARCH 2023
2023
2022
Cash flows from operating a¢tivi1Ses:
Note 23
{89.168)
{16,011)
Cashflows fr(Mn investing activities:
Interest
Purchase of Tangible Fixed assets
Proceeds from sale of assets
Net cash provided byl(usedl in investing activities
1.776
(68,578)
750
66,052
1.425
{25,894)
52.123
27,654
Cash flows from financing aclivilles:
Bounce back loan
Repayments of Bounce back Loan
Net ¢a$h provlded by financing activities
50,000
50.000
Change in cash and &ish equivalents
(163,926)
61,643
Cash and cash equivalents at the beginning of
the reportlng perlod
278.635
216,992
Cash and cash equivalents at the end of the
reportlng period
114.709
278.635
18-

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
AccouMfiNG POUCIES
(a) Basis of accounting
The charity is a public benefit entty and these Finanaal Statements have been prepared under the
historical cost convention in accordance wrth Financial Reporting Standard applicable in the UK and
Republic of Ireland {FRS 102) arKI in accordance and the Companies Act 2006. The presenL*ional
and functional currency is £ and the accounts are rounded to £1.
{b} Going concern
The accounts have been prepared on a going concem basis as the trustees beI￿ve that the level of
free reserves will increase from £12,749 at 31 March 2023 based on the forecast and budget and
there are sufficient resources to continue for the foreseeable future. which is defined as one year from
the date of signing these accounts. Further infomation is given in Note 26.
(c) Subscriptlons
Subscriptions which are voluntary are recognised when the charrty is entitled to re￿ipl.
(d) Donatlons and Grants
Donations and grants relate to contributions made by individuals and organisations and are
recognised when there is a probabilrty of receipt. and the amount can be measured with reasonable
certainty. Grants perfonnance condrtions are onty recognised once conditions have been met.
(e) Glft Ald
Gfft aid is recognised at the same ts'me as the related donation.
(fj Trading Income
Trading income relates to commission made on unrfomis sold by PSL Team Sports. sales of badges
and money raised from additional lessons and hacks offered to members and volunteets. Trading
income is recognised when receivable.
{g} Fundraising Income
Income from events is recognised in the period in which the everrt takes pla￿.
(h) Other Income
Other income is Veterinary Insurance recovery. and the Coronavirus Job Retention Scheme. and is
recognised in the period to which the daim relates.
{1) Interest
Interest is recognised on an accrual's basis.
ti) Intanglble Income
The chanty operates from Crown Property. No intangible income has been recorded in the accounts
due to the impossibility of valuing a royal property.
19-

THE HORSE RANGERS ASSOCIATION IHAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
(k) Direct and Overhead Expenditure
Expenditure is recognised on an a￿￿al.$ basis. Certain expenditwe is directly attributable to
specific activities and has been induded in those cost categories. The irrecoverable element of VAT
is indud&d with the item of expense to when it relates. Charitable ActivIt￿S includes staff ¢o$ts.
insurance, horse costs. plus a proportion of support Costs. Raising funds includes the costs
associated with fundraising and a proportion of central support costs. Govemance costs include legal
advice and audit. Support costs have been allocated according to percentage of time spent by
employees on Gharitable activities. cost of generats'ng funds and govemance. Redundancy payments
are made in line with statutory requirements.
(l) Pension
The Charity operates a defined contribution scheme, operated by Royal London. Costs are included in
staff pension costs. Costs recognised are equivalent lo the contribution in the year and are recognised
on an accnjal's basis.
(m) Inveslment Policy
Investments in subsidiaries are recorded at cost.
(n) Fixed Assets
Fixed Assets are stated at cost less depreciation and impairment charges. Fixed assets below £1 ￿ are
not capitalised.
(o) DeprecSation
Depreciation is calculated so as to write off the ¢o$t of an asset. less its estimated residual value, over the
useful economic life of that asset as foll¢)ws.'
Horses and Equipment- 10% 125% straight line
CompLrter Equipment _ 33QA Stra￿h1 line
Motor Vehicles- 25% straight line
The carrying value of fixed assets are reviewed annually to consKler impaimient.
(p) Debtors
Debtors are measured at settlement amount. net of any discount.
(q) Cash and ¢a$h equivalents
Cash and cash equivalents indude cash at bank and short tem7 highty liquid investments with a matunty of
100 days.
(r) Creditors
Creditors and wovisions are recognised where the Charity has a present obligation resulting from a past
event that wll probably ￿$Utt in the transfer of funds to a third party and the amount to settle the obligation
can be measured or estimated reliably. Creditors and provisions are nomially recognised at their settlement
amount after allowirvJ for any discounts.
(s) Funds
Unrestricted funds are donations and other income receivable not subject to any restrictions. Restricted
funds are grants arKI donations to be used for specffic purpjses as laid down by the donor and are deferred
where conditions of the grant require it.
-20-

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
(t) Operallng leases
Rentals applicable to operating leases where substantially all the beneffts and risks of ownership remain
with the lessor are charged against the proffts on a straight-line bass over the period of the lease.
(u) Financial instrwments
The Charty only has financial assets and financial liabilities of a kind that qualrfy as basic financial
instruments. Basic financial instwments are initially recognised at transaction value and subsequently
measured at their settlement value.
{v) Estimates and judgements
In preparing the accounts it is necessary to make ortain judgement, estimates and assumpts'i)n$ that affect
Ihe amounts recognised in the ffinanaal sL2tements. The charity estimates the useful lives of fixed assets
based on the period over which the as$et$ are expected to be available for use. The estimated lives are
reviewed periodically and are updated rf expectations drffer from previous estimates due to physical wear
and tear. There is no change in estimated useful lives on 31 March 2023.
DONATIONS
Unrestrided Income from donations in 2022 was £398,251 (2022: £364,219) and restricied income of
£950 {2022.' £1.380). Income from donations was net of the subsidies given under the supporting families
programme. A total of 31 rangers beneffted from this programme.
3. GRANT INCOME
Restricted 31 March 31 March
Funds
2023
2022
Restricted
Funds
Grants
Under the temis of the grant agreement, the following grants and donations receNed in the year ended 31
March 2023 are disclosed individually. In 2023 a grant from Crty Bridge Trust with their agreernent was
repurposed for Core costs. This is referenced below.
Funder
Purpose
City Bridge Twst
RDA-repurposed to core costs
City Bridge Trust
Grow RDA
The Edward Gostling FourKlation
Core costs
The Jam Trust
ContrFbution to stomi damage
Community Foundation for SU￿eY Supporting Families
The National Lottery
Supporting Families
Jack Petchey
Awards
Souter Charitable Trust
Supporting Families
The Shanly Foundation
Supporting Families
Groundwork UK
Supporting Families
The Edith Murphy Foundation
Supporting Families
Value
£13,500
£24,500
£5,000
£5,000
£6.816
£8.847
£3,175
£3.000
£2,500
£1,125
£1,000
Some of these have been deferred to the following year in accordan￿ with the donorfs specifications.
21

THE HORSE RANGERS ASSOCIATION (HAMPTON COURD LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
OTHER TRADING ACTMTIES
Unrestricted
31 March 31 March
2023
2022
Income from sale of goods
Income from rendering of Se￿l¢e$
Fundraising income
316
504
793
902
INTEREST RECEIVABLE
Un-
Restricted
Funds
Restricted 31 Pltarch
Funds
2023
31 March
2022
Bank interest receivable
OTHER INCOME
Unrestricted
31 March
2023
31 March
2022
Coronavirus Job Retention Scheme
Veterinary Insuran￿ recovery
9,239
25 608
31 March 31 March
2023
2022
Veterinary Insurance recovery
Less Veterinary Costs
Net Veterinary Costs
25,608
21,238
RAISING FUNDS
Restricted 31 March 31 March
Funds
2023
2022
Restricted
Funds
Trading costs
Salaries
Fundraising costs
Support costs allocation
1.074
2.940
31.065
1,074
2,940
31,065
1,662
12,825
Totsl
-22-

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
CHARrrA8LE ACTIVITIES
Un-
restricted
Funds
Restricted
Funds
31 March
2023
31 March
2022
Salaries
Insurance
Horse costs
Staff costs
Depreciation
Lossl(Profit> on disposal of assets
Molor costs
Charitable expenses
Repairs and maintenance
Licences
Training, Health and safety
Support cost allocati
227.910
41.938
146,920
3,987
1.281
7,683
231.897
43.219
154.603
224,420
42,950
168,036
9,932
6,474
{42,819)
12,630
5,500
14.012
3,812
3.902
111363
17.908
3.650
10.866
2.681
4.796
3.210
10.779
126 297
700
18.608
3,650
10,866
6.295
4.796
3.210
10.779
126297
3,614
SUPPORT COSTS (memorandum)
Restricted
Funds
31 Mar¢h
2023
31 March
2022
restricted
Funds
Salaries
Office costs
Depreciation
Bank charges
Bank and BBL Loan interest
Staff welfare & reuuitment
Relocats'on costs
Rent
Governan￿ costs
74.594
21.501
1.591
4.125
1.467
2.100
7.509
7,419
74.594
21.501
1.591
4.125
1.467
2.100
7.509
7.419
67.818
24.158
1.320
3.994
2,120
Allocated against costs of generating funds and charilable costs on the basis of time spent. In 2022
Support costs were all unrestricted.
10. GOVERNANCE COSTS
Re$tri¢ted
Funds
31 March
2023
31 March
2022
restricted
Funds
Other
Auditors, remuneration
Auditors fee for accountsncy
1.793
5.770
1,793
5,770
6.679
5.770
-23-

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
11. TOTAL RESOURCES
EXPENDED
Stsff Depre¢iation
Costs
31 March
2023
31 March
2022
Costs
Direct charitable
expenditure
Cosls of Generating funds
Support costs
231.897
18.608
245.362
495,867
448,849
2.940
32.139
35.079
129 838
14,487
114268
The aggregate payroll costs v￿re.
31 March 2023
31 March 2022
Salaries
Social securiiy costs
Pension
280,233
21.274
267,411
17,5(
No employee eamed more than £60.000. The charity has taken out indemnty insurance for Ihe
Trustees. No Trustee re￿Ived remuneration for their services in the year. No expenses were
reimbursed to the Trustees during the year (2022.. £nil)
Partlculars of employees:
The average number of staff employed by the charity during the financial peri(¥J amounted to..
31 March
2023
31 March
2022
Support staff
Charitable staff
10
10
The Trustees consider the key management personnel to comprise the Director, the Stable Manager.
The total compensation paid to key management personnel in the year was £94.61712022'. £90,600).
24-

THE HORSE RANGERS ASSOCIATION (HAPaPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
11 NET INCOMING RESOURCES
Net incoming resources is stated after charging
31 March
2023
31 March
2022
Depreciation
Lossl(Profit} on disposal of asset
Auditors Remuneration
P￿paratiOn of accounts
Operating lease rentals
20.199
3,650
5,770
1,969
3,424
7.794
(42,819)
5,770
2,409
4,220
13. INVESTMENTS
The Company has two 100% owned subsidiaries. each ¢ffiiprising 8 £1 invesbnent in the ordinary
share Gapital.
Horse Rangers No.1 Limited will act as a trading sub5hdiary
Horse Rangers Asswaknon Limited has been incorporated to protect and promote the
identty. interests. intelieciual property. and mode of Operatic￿ of The Horse Rangers
Assoaation (Hampton Court) Ltd.
Neither company traded during the year. Reserves on 31 March 2023 were £1 each.
14. TANGIBLE FIXED
ASSETS
Fittings &
Equip-
ment
Motor
Vehicles
Computsrs
Horses
Total
COST on 31 March 2022
Additions
Disposals
At 31 March 2023
105,003
41,683
34.924
1.895
19,267 62.645
18.tXK1 7.IJ)O
221,839
68,578
DEPRECIATION at 31
March 2022
Charge for the peri(Jd
Disposals
At 31 March 2023
69.314
8.618
31,781
1,591
13,657 33,185
4.810
5,180
147,937
20,199
NET BOOKVALUE
At 31 March 2023
At 31 March 2022
Restricted assets a￿ a mechanical Horse wth net book value of £32.760 included wrthin.
Equipment and within Horses are three restricted horses (2022.. three) I(￿ RKling for the Disabled
with a net book value of £1,721 (2022 - £2,421).
-25-

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED 8Y GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
15. DEBTORS
31 March
2023
31 March
2022
Unrestricted Restricted
Other debtors
Prepayments
3.346
24.986
16. CREDITORS: amounts falllng due within one year
Unrestricted Restricted
31 Ma￿h
2023
31 March
2022
Trade (xeditors
Other Creditors
Taxes & social
Deferred income
Accruals
Overdraft
Bounce 8a¢k Loan
13.256
1.054
5.812
13,256
1.054
5.812
26.869
13.500
16.037
32,725
1,574
5,504
36,973
13,603
26.869
13.500
16.037
Movement in deferred in¢ome
During the year grant income of £38,463 was receNed and £48,567 was released into grant
income. This resulted in a net decrease in defeffed income of £10,104.
Deferred income of £26,869 at year*nd comprises £1.111 for Jath Petchey and £13,758 for
the Supporting families, programme and £12.000 awarded by Cty Bridge Trust for growth in
the RDA for 202312024. Supporting families Income deferred as relates to periods and
17. CREDITORS > 1 YEAR
Unrnstricted Restricted
31 March
2023
31 March
2022
Bounce Back Loan
The tharity received a bounce back loan in April 21. The loan is repayable over six years
commencing May 2022. Imerest rate is 2.5% with no interest payabke for the first year.
Debts owed to HS8C are secured by a fixed and floating charge over all assets.
-26-

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
18. UNRESTRICTED FUNDS
31 March
2023
31 March
2022
General fund brought forward
Income
Expenditure
Transfers from restricted fund
General fund carried forward
227,897
461.330
(643.519)
257,661
458,074
{526,902)
19. RESTRICTED FUNDS
31 March
2023
31 March
2022
Restricted fund brought forward
Income
Expenditure
Transfer to unrestricted fund
38.463
67.007
(17.265)
40,792
87.437
{50,702)
Restricted reserves of £37,762 (2022: £38,463) carried forward, £2.200 (2022.. £2.200) purchase
of equipment. £32,760 (2022.. £32,762) the net book value of the mechanical horse. £1.721 {2022'.
£2,422), the book value of RDA horses and £1,081 (2022 £1,081) for grants unspent in year. The
transfer in the year to unrestricted funds comprises grants of £45.44312022.' £39,064) for
supporting families to Cover $ubs¢ripts'ons and £5.000 for a grant awarded for storm repairs.
20.
ANALYSIS OF NET ASSETS I￿1￿•0n rnstricled and unrestricted funds)
2023
Investment Tangible
fixed assets
Other net
assets
Total
Unrestrided funds
Restricted fun(ts
83.400
12.749
96,151
2022
Investments Tangible
fixed assets
Other net
assets
Total
Unrestricted funds
Restricted funds
38,719
189,176
227,897
21. RELATED PARTY TRANSACTIONS
The d￿rity was controlled by the Trustees throughout the period.
-27-

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
22. CHARITY
The Charity had the following total commiiments under non-¢ancellable operating leases.
31 March
2023
31 March
2022
Under one year
2-5 years
9,625
3,424
2023
2022
23. Net movement in funds for the reporting period (as per the statement of
financial activities)
Adjuslfflents For:
Depreciation
Lossl(profrt)disposal
Interest
Decrease in debtors
Decreasel(increase) in credrtors
Net ¢ash used in in operating activities
{132,447)
(32.0931
20.199
3.650
{1.776)
35.057
13.851
7,794
(42,819)
11,425)
23,760
28,772
16,011
24.
ANALYSIS OF CHANGES IN CASH AND NET DEBT
1 April 2022 Cash flows
Noncash
flows
31 March
2023
Cash
278 635
278,635
163926
(163.926)
114.709
Borrowings
Due within one year
Due after one year
Total
(8.706>
{7,331)
(8,706)
{24,743)
(50.000>
(7,331}
(57.331)
25. cof•lPANY LIMITED BY GUARANTEE
The charty is limited by guarantee. Each of the Members of the charity undertakes to Contribute
such amount as may be required (not exceeding £10) to the charity's assets in the event of it being
wound up while he or she is a member or within one year after he or she ￿aSe$ to be a member.
-28-

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
GOING CONCERN
The charity's activities together with the factors likely to affect its future development and financial
posrtion are set out in the Trustees, Report. Net unrestricted expenditure in 2023 of £131,746 has
resulted in a redudion in free reserves to £12.749 at 31 March 2023 from £189,176 at 31 March
2022. The free reserves for 2022-2023 period are attributable to the recovery from the Covid
pandemic. The budget Fxodu¢ed by the trustees to 31 December 2024 forecasts that free reserves
wrill be £75.000 by that date. the trustees together with staff and volunteers are spending time
looking at ways to improve the Charity's financial position to guarantee ts future. The trustees
however remain optimistic that the level of grant income budgeted remains achievable, as it is
onservative estimate of the grant applications submitted, and the engagement of a full-time
furKlraiser shoukl resutt in an improvement to the charity's financial position. For these reasons, the
trustees believe it appropriate to continue to prepare the accounts for the year to 31 March 2023 on
a going concem basis.
27. Comparative Statement of Financial Aclivitii
Year ended 31 March 2022
Total
Funds
Year
restricted Restricted Ended
Funds
Funds
31
March
2022
Income From:
Donations
Charitable activities
Other trading activities
Investm8nts
Other
Total
418,761
87.437 508.198
7.413
1,425
7,413
1,425
30 475
Expenditure on:
Raising funds
Charitable activities
Total
17.392
509510
17,392
50 702 560 212
Net lexpenditureylncome
Transfer between funds
Net Movement in funds
(68.828)
39 064
36,735 (32.093)
Reconciliation of fund$
Funds Brought fonvard
40 792 298 453
Funds Cattied forward
-29-

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE"
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
The following pages do not forni part of the statutory financial statements.
-30-

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
Year Ended
31 March 2023
Year Ended
31 March 2022
INCOME
General Donations
Donated Horse Box
Grants repurposed for core costs
Donations for RDA
Grants for RDAI Outreachl Young Carers
Grants for Supporting families
Grant for Strom repairs
Jack Petchey Foundation
Other unrestricted grants
Bank interest receivable
Subscriptions
RDA Subscriptions
Fundraising
Insurance
Coronavirus Job Retention Scheme
Uniform sales
Other trading
TOTAL INCOME
7.304
18.000
13.500
950
12.000
45.443
5,000
3.614
5.000
1.776
367.216
5.731
16,375
25.608
5.957
49,500
380
44,393
39,064
3,600
5.042
1.425
350,795
7.466
5,718
21,236
9.240
793
902
316
EXPENOITURE
COST OF GENERATING FUNDS
Uniform and Canteen
Salaries
Fundraising Activities
1,752
1,662
CHARITABLE EXPENDITURE
Salari&s
Insurance
Purchases of hay and feed
Waste disposal
Veterinary expenses
Farrier expenses
Staff training & welfare
Motor expenses
Depreciation of fixed assets
Lossl{Profit} disposal of assets
Repairs and Maintenance
Health and safetylllcen￿s
Other charitable costs
231.897
43,219
47,856
24,037
55,414
27,296
224,420
42,953
46,230
21,181
85,292
15,330
9.932
12,630
6,474
(42,819)
14,012
7,714
10,866
18.608
3.650
4,796
13,989

THE HORSE RANGERS ASSOCIATION (HAMPTON COURT) LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
Year Ended
31 March 2023
Year Ended
31 March 2022
SUPPORT COSTS
Salaries
Light and heat
Cleaning
Refuse
Stslionery and postage
Water
74.594
1.822
2.180
909
4.034
(1.190)
67,818
3,942
3,351
1.298
2,629
711
k i i
Computer
Hire of equipment
Bank charges
General expenses
Depreciation
Telephone
Professional fees
Staff welfare
Rent
Relocation
Bank and BBL Interest
5.063
4,275
4,125
922
1,591
3.511
4,731
3,994
1.139
1,323
1,765
7,757
2,120
2,893
2,100
7.419
7.509
1.467
Govemancè costs
Audit & Accounts preparation
TOTAL EXPENDITURE
NET IEXPENDITURE) FOR THE PERIOD