REGISTERED COMPANY NUMBER: 04828091 (England and Wales) REGISTERED CHARITY NUMBER: 1102278
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
FOR
THE HORSE RANGERS ASSOCIATION (HARWICH) LIMITED
Martyn Lewis Chartered Accountants
1 Brewery House Brook Street Wivenhoe Essex C07 9DS
THE HORSE RANGERS ASSOCIATION (HARWICH) LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 30 September 2021
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Independent Examiner's Report | 2 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 to 5 |
| Notes to the Financial Statements | 6 to 10 |
| Detailed Statement of Financial Activities | 11 |
THE HORSE RANGERS ASSOCIATION (HARWICH) LIMITED
REPORT OF THE TRUSTEES for the Year Ended 30 September 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
04828091 (England and Wales)
Registered Charity number
1102278
Registered office
The Bungalow Ramsey Manor Michaelstowe Drive Ramsey Essex CO12 5ER
Trustees
Mrs S J Thorpe Mrs M Mallett Ms E Harrison Ms R Thorpe Miss K Shean
Company Secretary
Mrs S J Thorpe
Independent Examiner
Martyn Lewis Chartered Accountants 1 Brewery House Brook Street Wivenhoe Essex C07 9DS
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Mrs S J Thorpe - Secretary
Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE HORSE RANGERS ASSOCIATION (HARWICH) LIMITED
Independent examiner's report to the trustees of The Horse Rangers Association (Harwich) Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Martyn Lewis Martyn Lewis Chartered Accountants 1 Brewery House Brook Street Wivenhoe Essex C07 9DS
Date: .............................................
Page 2
THE HORSE RANGERS ASSOCIATION (HARWICH) LIMITED
STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 30 September 2021
| 2021 | 2020 | 2020 | |||
|---|---|---|---|---|---|
| Unrestricted | |||||
| Total | |||||
| fund | funds | ||||
| Notes | £ | £ | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies | 20,892 | 20,000 | |||
| Other trading activities | 2 | 53,502 | 59,575 | ||
| Total | 74,394 | 79,575 | |||
| EXPENDITURE ON | |||||
| Raising funds | 3 | 33,853 | 29,491 | ||
| Other | |||||
| 45,155 | |||||
| 39,724 | |||||
| Total | |||||
| 79,008 | |||||
| 69,215 |
NET INCOME/(EXPENDITURE)
(4,614) 10,360
RECONCILIATION OF FUNDS
Total funds brought forward 5,839 (4,521)
TOTAL FUNDS CARRIED FORWARD 1,225 5,839
The notes form part of these financial statements
Page 3
The notes form part of these financial statements
Page 3
THE HORSE RANGERS ASSOCIATION (HARWICH) LIMITED
BALANCE SHEET 30 September 2021
| 2021 | 2020 | 2020 | |||
|---|---|---|---|---|---|
| Unrestricted | |||||
| Total | |||||
| fund | funds | ||||
| Notes | £ | £ | |||
| FIXED ASSETS | |||||
| Tangible assets | 7 | 707 | 942 | ||
| CURRENT ASSETS | |||||
| Prepayments and accrued income | - | 1,997 | |||
| Cash at bank and in hand | 5,460 | 9,442 | |||
| 5,460 | 11,439 | ||||
| CREDITORS | |||||
| Amounts falling due within one year | |||||
| 8 | |||||
| (4,942) | |||||
| (6,542) |
NET CURRENT ASSETS
518
4,897
TOTAL ASSETS LESS CURRENT LIABILITIES
1,225
5,839
NET ASSETS
5,839
The notes form part of these financial statements
1,225
continued...
Page 4
FUNDS
9 Unrestricted funds
1,225 5,839
TOTAL FUNDS 1,225 5,839
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 4
THE HORSE RANGERS ASSOCIATION (HARWICH) LIMITED
BALANCE SHEET - continued 30 September 2021
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
S J Thorpe - Trustee
The notes form part of these financial statements
Page 5
THE HORSE RANGERS ASSOCIATION (HARWICH) LIMITED
NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 30 September 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. OTHER TRADING ACTIVITIES
| Fundraising Subscriptions & donations Other income |
2021 £ 796 41,985 10,721 53,502 |
2020 £ 384 43,600 15,591 59,575 |
|---|---|---|
continued...
Page 6
THE HORSE RANGERS ASSOCIATION (HARWICH) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 30 September 2021
3. RAISING FUNDS
Raising donations and legacies
| 2021 £ Support costs 26,226 Investment management costs 2021 £ Property repairs 7,627 Aggregate amounts 33,853 4. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): 2021 £ Depreciation - owned assets 235 |
2020 £ 28,967 2020 £ 524 29,491 2020 £ 314 |
|---|---|
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 September 2021 nor for the year ended 30 September 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 September 2021 nor for the year ended 30 September 2020.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 20,000 |
| Other trading activities | 59,575 |
| Total | 79,575 |
| EXPENDITURE ON | |
| Raising funds | 29,491 |
| Other | 39,724 |
| Total | 69,215 |
continued...
Page 7
THE HORSE RANGERS ASSOCIATION (HARWICH) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 30 September 2021
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| NET INCOME | 10,360 |
RECONCILIATION OF FUNDS
Total funds brought forward
(4,521)
TOTAL FUNDS CARRIED FORWARD
5,839
7. TANGIBLE FIXED ASSETS
| 7. | TANGIBLE FIXED ASSETS | ||
|---|---|---|---|
| Plant and | |||
| machinery | |||
| £ | |||
| COST | |||
| At 1 October 2020 and 30 September 2021 | 12,745 | ||
| DEPRECIATION | |||
| At 1 October 2020 | 11,803 | ||
| Charge for year | 235 | ||
| At 30 September 2021 | 12,038 | ||
| NET BOOK VALUE | |||
| At 30 September 2021 | 707 | ||
| At 30 September 2020 | 942 | ||
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2021 | 2020 | ||
| £ | £ | ||
| S Thorpe | 4,784 | 6,384 | |
| Accrued expenses | 158 | 158 | |
| 4,942 | 6,542 |
continued...
Page 8
THE HORSE RANGERS ASSOCIATION (HARWICH) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 30 September 2021
9. MOVEMENT IN FUNDS
| Net | ||
|---|---|---|
| At | movement | At |
| 1.10.20 | in funds | 30.9.21 |
| £ | £ | £ |
Unrestricted funds
General fund 5,839 (4,614) 1,225
TOTAL FUNDS 5,839 (4,614) 1,225
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement |
|---|---|---|
| resources | expended | in funds |
| £ | £ | £ |
Unrestricted funds General fund 74,394 (79,008) (4,614)
continued...
Page 9
TOTAL FUNDS 74,394 (79,008) (4,614)
Comparatives for movement in funds
| Net | ||||
|---|---|---|---|---|
| At | movement | At | ||
| 1.10.19 | in funds | 30.9.20 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | ||||
| (4,521) | ||||
| 10,360 | ||||
| 5,839 |
TOTAL FUNDS (4,521) 10,360 5,839
Comparative net movement in funds, included in the above are as follows: Incoming Resources Movement resources expended in funds £ £ £
Unrestricted funds General fund 79,575 (69,215) 10,360
continued...
Page 9
TOTAL FUNDS
79,575 (69,215) 10,360
continued...
Page 9
THE HORSE RANGERS ASSOCIATION (HARWICH) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 30 September 2021
9. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
Net At movement At 1.10.19 in funds 30.9.21 £ £ £
Unrestricted funds
General fund (4,521) 5,746 1,225
TOTAL FUNDS
(4,521) 5,746 1,225
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
Incoming Resources Movement resources expended in funds £ £ £
Unrestricted funds
General fund 153,969 (148,223) 5,746
Page 10
TOTAL FUNDS
153,969 (148,223) 5,746
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 September 2021.
Page 10
THE HORSE RANGERS ASSOCIATION (HARWICH) LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 30 September 2021
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Grants received | 20,892 | 20,000 |
| Other trading activities | ||
| Fundraising | ||
| 796 | ||
| 384 | ||
| Subscriptions & donations | ||
| 41,985 | ||
| 43,600 | ||
| Other income | ||
| 10,721 | ||
| 15,591 | ||
| 53,502 | 59,575 | |
| Total incoming resources | ||
| 74,394 | ||
| 79,575 | ||
| EXPENDITURE | ||
| Investment management costs | ||
| Property repairs | 7,627 | 524 |
| Other | ||
| Horse equipment | 205 | 895 |
| Pet care | 16,916 | 17,925 |
| Grazing | 4,722 | 2,000 |
| Horse feed | 23,312 | 18,904 |
| 45,155 | 39,724 | |
| Support costs | ||
| Other |
Rent, rates and water 11,591 12,937
This page does not form part of the statutory financial statements
Page 11
Insurance 3,790 4,080 Light and heat - 195 Advert, phone & entertainment 139 212
Postage and stationery 364 52 Sundries 5,830 1,691 Motor expenses 455 1,960
Repairs & renewals 3,647 7,352 Accountancy fees 174 174 Depreciation of tangible fixed assets 236 314
26,226 28,967
Total resources expended 79,008 69,215
Net (expenditure)/income (4,614) 10,360
This page does not form part of the statutory financial statements
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This page does not form part of the statutory financial statements
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