OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-02-28-accounts

Objecti ves and Acti viti es
SORP reference
Summary ofthe purposes of Para 1.17 Tocare for and rescue older horses.
the charity as set out in its Educate owners and those caring for
overnin document horses over the a e
Summary
activities		 ofthe main
in relation to those		 Para 1.17and
1.19		 Tooperate a small second hand shop, to
promote the care and welfare ofolder
purposes for the public horses on digital plafforms.
benefit,
in particular,
the
activities, projects or services
identified in the accounts.
Statement confirming Para 1.18
whether the trustees
have
had regard to the guidance
issued
by		 the Charity
Commission
on public
benefit

You ma
 ch oose t o include f urther statemen
SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social investment
including program related
investment
Para 1.38
Contribution made by
volunteers
Other

Achiev ements
and Pe		 rformance
SORP reference
The charity has achieved funding
from
government resourses, which allow the
rent and utilities to be paid. Along with
Summary
ofthe main
achievements
ofthe charity,		 Para 1.20 other outgoings such a vet and feed bills.
We have online funding
raising
identifying the difference the continuing but during the pandemic
charity's work has made to people were also feeling a huge loss of
the circumstances
of its		 income.
beneficiaries
and any wider
benefits to society as a
whole.
Achievements
against		 Para 1.41
objectives set
Performance
offundraising
activities against objectives		 Para 1.41
set
Investment
performance		 Para 1.41
against objectives
Other

Financial Review
Review ofthe charity's Para 1.21 The charity has a profit at the end ofthe
financial
position at the end		 financial year, due to digital fundraising
ofthe
eriod		 and resilience fundin .
Statement
explaining
the		 Para 1.22 The reserves are kept in a high interest
policy for holding reserves account with a 90 day notice.
statin
wh
the
are held
Amount ofreserves
held		 Para 1.22
Reasons for holding zero Para 1.22
reserves
Details offund materially in Para 1.24
deficit
Explanation
ofany		 Para 1.23 Unless the shop is supported
more by
uncertainties
about the		 local and visiting
public it will be serious
charity continuing
as a going		 financial difficulties.
concern
Additional
information		 (optional)
You ma
choose to include further statements		 where relevant
about
Grant applications and shop funds and
digital fund raising. Due to the pandemic,
The charity's
principal
sources offunds (including		 Para 1.47 this year the shop has made a loss and
funding
was available for WCVA.
any fundraising)
Investment
policy and
objectives including
any		 Para 1.46
social investment
policy
adopted
The pandemic
has		 made fund raising
virtual impossible and the shop has been
A description
ofthe principal		 Para 1 46 shut for 6 months of the year,
risks facing the charity
Other

Structure,
Governance		 and
Description
ofcharity's
trusts:
Type of governing
document		 Para 1.25
trust deed, ro al charter
How is the charity Para 1.25
constituted?
(e.g unincorporated
associatior, . CIO
Trustee selection methods Para 1.25
including
details ofany
constitutional
provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees

Policies and procedures
adopted for the induction and
training oftrustees
The charity's
structure
and		 organisational
any wider		 Para 1.51
network with which the
charity works
Relationship with any related Para 1.51
parties
Other

Reference and Admini strative
details
Charit
name		 Veteran E uine Trust
Other name the charit
uses		 Veteran Horse Welfare
Registered
charity number		 1104072
Charity's
principal address		 5-6 Priory Street, Cardigan. SA43 1BZ
ames ofthe charity tr ustees who manage th e charity
Trustee name Office (ifany) Dates acted ifnot for whole
ear		 Name
to a		 of person (or body) entitled
oint trustee
ifan
Miss JAston Director Trustee
Mrs J Dawkins Trustee
Mr RAston Trustee
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Funds held as cus tod
Description
ofthe assets
held
in this capacity
Name and objects ofthe
charity on whose behalf the
assets are held and how this
falls within the custodian
charity's objects
Details ofarrangements for
safe custody and
segregation
ofsuch assets
from the charity's
own assets

Type of Name Address
adviser
Name of chief executive or names ofsenior staff members (Optional information)

Signature(s)
Full name(s) IVLc&&~z
Position (eg Secretary,
Chair, etc)		 C.~i&.
Date
Page
Report ofthe Trustees 1 to 3
Independent
Examiner's		 Report
Statement ofFinancial Activities
Statement ofFinancial Position 6 Io 7
Notes to the Financial Statements 8 to 13

2021 2020
Unrestricted Restricted Total Total
fund fund funds funds
Notes 6 6 6
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 29,534 29,534 4,722
Other trading
activities		 2 9,551 9,551 23,115
Investment
income		 3 4
Total 39,085 39,085 27,841
EXPENDITURE ON
Raising funds 4 11,632 11,632 11,889
Charitable
activities
Welfare, care and rehabilitation 13,890 13,890 17,920
Total 25,522 25,522 29,809
NET INCOME/(EXPENDITURE) 13,563 13,563 (1,968)
RECONCILIATION
OF FUNDS
Total funds brought forward 2,923 2,923 4,891
TOTAL FUNDS CARRIED FORWARD 16,486 16,486 2,923

2021 2020
Unrestricted Restricted Total Total
fund fund funds funds
Notes 6 f F
FIXEDASSETS
Tangible assets 9 2,120 2,120 2,500
CURRENT ASSETS
Stocks 10 2,000 2,000 2,500
Debtors 11 4,020 4,020 4,020
Cash at bank and in hand 18,206 18,206 974
24,226 24,226 7,494
CREDITORS
Amounts falling due within one year 12 (9,860) (9,860) (7,071)
NET CURRENT ASSETS 14,366 14,366 423
TOTAL ASSETSLESSCURRENT
LIABILITIES 16,486 16,486 2,923
NET ASSETS/(LIABILITIES) 16,486 16,486 2,923
FUNDS 13
Unrestricted
funds		 16,486 2,923
TOTAL FUNDS 16,486 2,923

FOR THE YEAR ENDED 28 FEBRUARY 2 FOR THE YEAR ENDED 28 FEBRUARY 2 FOR THE YEAR ENDED 28 FEBRUARY 2 FOR THE YEAR ENDED 28 FEBRUARY 2 021
2. OTHER TRADING ACTIVITIES
2021 2020
Sales income 9,551 23,115
3. INVESTMENT INCOME
2021 2020
F
Deposit account interest 4
RAISING FUNDS
Other trading activities
2021 2020
F
Opening stock 2,500 800
Purchases 2,346
Closing stock (2,000) (2,500)
Insurance 348
Rent and rates 6,283 10,143
Bank charges 324 187
Postage and stationery 260 274
Sundry 165 52
Heat and light 1,389 2,153
Depreciation 365 432
11,632 11,889
5. SUPPORT COSTS
Management
f
Welfare, care and rehabilitation 2,338
6. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2021 2020
6
Depreciation - owned assets 380 452

During
the year ended
28th February
2021, J Aston, a trustee
was reim
expenses were incurred
on behalf ofthe charity for charitable purposes.		 During
the year ended
28th February
2021, J Aston, a trustee
was reim
expenses were incurred
on behalf ofthe charity for charitable purposes.		 During
the year ended
28th February
2021, J Aston, a trustee
was reim
expenses were incurred
on behalf ofthe charity for charitable purposes.		 bursed
for ex		 penses.
A
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fundf fund
E		 fundsf
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 4,722 4,722
Other trading
activities		 23,115 23,115
Investment
income		 4 4
Total 27,841 27,841
EXPENDITURE ON
Raising funds 11,889 11,889
Charitable
activities
Welfare, care and rehabilitation 17,920 17,920
Total 29,809 29,809
NET INCOME/(EXPENDITURE) (1,968) (1,968)
RECONCILIATION
OF FUNDS
Total funds brought forward 4,891 4,891
TOTAL FUNDS CARRIED FORWARD 2,923 2,923

FOR THE YEAR FOR THE YEAR FOR THE YEAR ENDED 28 FEBRU ARY 2021
9. TANGIBLE FIXEDASSETS
Improvements
to Plant and Computer
property
f		 machinery
f		 equipment Totals
f
COST
At 1 March 2020 and 28 February 2021 6,034 330 510 6,874
DEPRECIATION
At 1 March 2020 3,593 272 509 4,374
Charge for year 365 15 380
At 28 February 2021 3,958 287 509 4,754
NET BOOK VALUE
At 28 February 2021 2,076 43 1 2,120
At 29 February 2020 2,441 58 1 2,500
10. STOCKS
2021 2020
Stocks 2,000 2,500
11. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
f		 2020
f
Veteran Horse Society 4,020 4,020
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
f		 2020
f
Receipts
in advance		 1,789
Trade creditors 725
Other creditors 6,074 5,462
Trustee loan 1,997 884
9,860 7,071

MOVEMENT IN FUNDS
Net
movement At
At 1.3.20 in funds 28.2.21
E E F
Unrestricted funds
General fund 2,923 13,563 16,486
TOTAL FUNDS 2,923 13,563 16,486
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
8
Unrestricted funds
General fund 39,085 (25,522) 13,563
TOTAL FUNDS 39,085 (25,522) 13,563
Comparatives for movement in funds
Net
movement At
At 1.3.19 in funds 29.2.20
8
Unrestricted funds
General fund 4,891 (1,968) 2,923
TOTAL FUNDS 4,891 (1,968) 2,923
Comparative net movement
in funds,
inc		 luded
in the above are as follows		 :
Incoming Resources Movement
resources expended
f		 in funds
6
Unrestricted funds
General fund 27,841 (29,809) (1,968)
TOTAL FUNDS 27,841 (29,809) (1,968)

A current yea r 12months
and prior year		 12months
combined
position is a		 s follows:
Net
movement At
At 1.3.19 in funds
f		 28.2.21
Unrestricted funds
General fund 4,891 11,595 16,486
TOTAL FUNDS 4,891 11,595 16,486
A current yea
above are as		 r 12 months
and prior year
follows:		 12months
combined
net movem		 ent
in funds„		 included
in
Incoming Resources Movement
resources expended in funds
E
Unrestricted funds
General fund 66,926 (55,331) 11,595
TOTAL FUNDS 66,926 (55,331) 11,595

FOR THE YEAR ENDED 2 8 FEBRUARY 2021
2021 2020f
INCOME AND ENDOWMENTS
Donations
and legacies
Supporters		 561 511
Donations
and support		 3,900 133
Gift aid 4,823 4,078
Grants 20,250
29,534 4,722
Other trading activities
Sales income		 9,551 23,115
Investment
income
Deposit account interest
Total incoming resources 39,085 27,841
EXPENDITURE
Other trading activities
Opening
stock
Merchandise		 2,500
2,346		 800
Insurance 348
Rent and rates 6,283 10,143
Bank charges
Postage and stationery
Sundry
Heat and light
Improvements
to property
Closing stock		 324
260
165
1,389
365
(2,000)		 187
274
52
2,153
432
(2,500)
11,632 11,889
Charitable
activities
Contractors 2,388 4,971
Veterinary
and farrier costs
Food		 1,987
1,892		 1,216
1,762
Motor expenses
Repairs and renewals
Plant and machinery		 5,240
30
15		 6,967
118
20
11,552 15,054

2021 2020f
Support costs
Management
Telephone
and internet		 338 421
Postage and stationery 104
Professional fees 1,924 2,242
Bank charges 76 99
2,338 2,866
Total resources expended 25,522 29,809
Net income/(expenditure) 13,563 (1,968)
CI
ILI)O
UI g
Z O
Dl		 CI
ILI)O
UI g
Z O
Dl		 4I O
CI
LD
IA		 CI
CI		 OOOO
OOOO
CD
LD CD O
W DI LD CI		 CI
CI		 CI
CL
III		 OO
ILI
os)O
IQ g
Z O		 4I OO CI
LD		 OOOO
OOOO
LD
sLI IA
LA
I
Cl I
CD
LD		 CI
CI
ID
LD		 CI
CI
Dl		 OO
Dl
ss ILI
ILI
C D
QIL
O		 4l CI
O
OD		 CI
CI
sll		 OOOO
OOOO
Dl
LLI O
I
LDI
LDIA
O
IA
ILI		 CI
CI		 O
O
LA
ILI		 Ds
O
I
III
Sl
mSl
0 Q
N
O
Sl
EI
0		 IS
sl
4
LL		 4J OO
IA		 CI
CI
IA		 OOOO
OOOO
IA
LD
I
CD		 CIO CI
'O		 OOO
ssS CI
O		 CI
CI		 OOOO
OOOO		 CI
CI		 O
O		 Dl
CD
O I
(		 sll
I		 I
CD I
Dl IA 't
Dl
LD
sA		 IA
LA
ILI		 I
III
CIO CI
CI		 OOOO
OOOO		 OO O
O		 01
Ds
N g
004.
0		 4J O
LA
CA		 CI IA 1S IA CI
LA
LA CI
O
ILI III IA
ILI		 O
Sl		 LA
sLI		 sll
OO CI
Ct		 OOOO
OOOO		 O
CI		 O
O		 Dl
Dl
N
0
0		 g
4
lO		 4J O
IA		 O IA g
IA CI
O
ILI III IA
SI
III		 O
LD		 IA
oI		 I
ILI IDK 03
CI
I		 (4 o~
IA		 g
IA
III
I-
VI
I
IU
Z5
Q
IU
Z
IU
)		 IA
I
UJ
UI
IJJ
O
U.		 gO
IU
U.
O
UJ
O
Z
(g
&		 SIC
0
LS
ml
Is
Q		 2
Is
0		 N
m
Zlsl
Ol
NDl
0 CK
LO
LD 0.
C 0
Sl C
D. ID
NSlJs
tll
Ol
Ol
DlL 0
IO
B
0.Yl
0 C
m
IA Q		 0
SI
EQ
0'
Ul
8
Q 0. 0.
0 0
EQQ
0mm
0&a		 UI
0
I		 Dl
Ill0
m
O