OpenCharities

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

← Wyfold Group Riding For The Disabled

2024-03-31-accounts

WYFOLD GROUP RIDING FOR THE DISABLED

Annual Report and Accounts

31 March 2024

Wyfold Group Riding for the Disabled Annual Report and Accounts for the year ended 31 March 2024

Registered Charity Number 1119428

Incorporated Company Number 06121720

Directors:

Diane Lee Chairman Caroline McKean Company Secretary Elizabeth Jones Treasurer Adrienne Heriot Kim Fry Linda Potter Resigned 17 July 2024 David Walter Joy Skipper Loraine Maidment Pauline Philippe Angela Fairweather

Minutes Secretary:

Kim Fry

Bankers:

NatWest Bank plc 250 Bishopsgate London EC2M 4AA

Independent Examiner:

Buffery & Co 2 West Street HENLEY ON THAMES RG9 2DU

Correspondent:

Mrs D Lee Wyfold Group RDA Wyfold Court Kingwood HENLEY ON THAMES RG9 5WG

Governing Document: Constitution Memorandum and Articles of Association Incorporated on 21 February 2007

Objects : Providing disabled people with the opportunity to ride and/or carriage drive to benefit their health and wellbeing in the South Oxfordshire and Reading area .

1

Wyfold Group Riding for the Disabled Annual Report and Accounts for the year ended 31 March 2024

TRUSTEES’ REPORT:

Summary of the main activities in relation to the objects

Our workforce of 7 horses and ponies continue to give therapeutic riding and driving sessions to 55 individuals. The activities take place in our purpose-built riding arena or on the all-weather track and with rides out through beautiful woods and parkland.

The lessons are conducted by 21 trained riding coaches, 6 driving coaches, and 86 dedicated volunteers. The volunteers also look after the horses and ponies under the guidance of a part time yard manager who is our only paid employee.

Activities for this year

Welcome to our 52nd Annual General Meeting.

The main objective of this meeting is to sign off the 2023/2024 accounts and therefore I have to start with yet another huge thank you to Liz Jones, for pulling all of this together. Liz continues to bring a professionalism, efficiency, organisation, and rigour to all that we do. We thank Liz enormously for all her continued support and hard work.

We now have 55 riders including pony therapy and we are almost at capacity. We need to review this constantly as we have a waiting list of 20 children and 20 adults plus a further 23 children on a Saturday, so 63 in total and it grows daily! This time last year it was 49.

We would normally also have 12 drivers, but after several months working with Bumble, who replaced Mary, we reached the sad conclusion that he was unsuitable for us and he was sold while the search continues.

We have reviewed our approach to the waiting list and created processes with new and existing riders to try to give more people the opportunity to benefit from our service. We plan to roll that out by working with the team leaders in the coming months. Massive thanks to Jane Havelock and Gill Sanderson for their work in this matter.

After a large capital expenditure last year replacing the surface to our allweather arena, and the priority for new equines, the Trustees have been cautious with spending in the last 12 months. That, combined with increasing rider contributions to £60 a month from £40, leaves us with a small surplus despite rising costs.

In the new financial year, we have erected a spectator shelter in memory of Zara Campbell-Harris, and we are very grateful to Kim Fry for coordinating that project.

Special thanks also to Loraine Maidment who stepped into the breach while our Yard Manager, Elizabeth King had surgery, although we are delighted to welcome Elizabeth back and great to see her recovering so well.

Fundraising

Another incredible fund raising effort, led by the wonderful Gill Rushworth. A total of £10,115 which is outstanding especially as the 2 largest contributions came from our very own fayres. Both the Summer Fun Day, led by Jill Knight and

2

Wyfold Group Riding for the Disabled Annual Report and Accounts for the year ended 31 March 2024

the Monday team, and the Christmas Fayre, led by Loraine delivered a combined £3900, so over a third of our total income. That shows the dedication and passion of all our volunteers who give up their time and donate their belongings, to ensure these are such a success. We are clearly also hugely grateful to all our other fund raisers who go above a beyond in their sporting and other endeavours to ensure our financial security. Thank you!

Reserves Policy

It is our policy to maintain a cash reserve in the General Fund to cover approximately 6 months running costs and as can be seen from our accounts we are able to do this thanks to the wonderful fundraising efforts and generous donations each year.

Coach Reviews

We currently have 21 riding coaches, plus 5 in training and 6 Driving Whips. All our instructors are reviewed every 3 years to validate our insurance and ensure continued professional development. All our riding coaches are currently up to date with their reviews with 5 due for renew during 2024. All our drivers are due for review but, with carriage driving paused while we source a new pony, these are on hold.

Safeguarding, First Aid and DBS checks

Most of our coaches are up to date with First Aid as are many of our volunteers. We have a handful who are required to delegate First Aid to other volunteers during their coaching sessions. These coaches are aware and always ensure a valid First Aider is present.

All our coaches have also had their Safeguarding training as have many of our volunteers.

All our volunteers have their DBS checks in place or are in the process of being renewed.

Jane Havelock, Kim Fry and David Walters continue to work tirelessly on these very important elements to secure our conformance and we are hugely grateful to all 3 of you for doing this. These are not easy tasks, but their patience and determination ensure we are compliant, and that our insurance is kept valid. Thank you so much.

A huge thank you to our Board of Directors who have once again worked very hard to keep things running smoothly.

And finally… a massive thank you to all of you. I know it is said many times, but honestly – without you, this amazing facility would not exist.

Diane Lee Chair of Trustees 3[rd] June 2024

3

Wyfold Group Riding for the Disabled Annual Report and Accounts for the year ended 31 March 2024

Independent examiner’s report to the Trustees of Wyfold Group Riding for the Disabled on the Accounts for the year ended 31 March 2024

We report to the trustees of Wyfold Group Riding for the Disabled (charity number: 1119428) on the accounts for the year ended 31 March 2024.

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view, and the report is limited to those matters set out in the statement below.

In connection with my examination, no matter has come to my attention:

  1. which gives me reasonable cause to believe that, in any material respect, the requirements:

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or

  4. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

4

Wyfold Group Riding for the Disabled Annual Report and Accounts for the year ended 31 March 2024

Mark Buffery FCA

Buffery & Co Ltd 2 West Street Henley on Thames Oxfordshire RG9 2DU

……………………….. 2024

5

Wyfold Group Riding for the Disabled

Annual Report and Accounts for the year ended 31 March 2024

STATEMENT OF FINANCIAL ACTIVITIES - 1 April 2023 - 31 March 2024

Incoming resources:
Voluntary income
Grants
Fundraising events
Income from sale of uniforms
Bank income
Gain on sale of assets
Miscellaneous income
Total income resources
Resources expended:
Legal fees
Purchase of ponies - Bumble net of sale proceeds
£751 / Poppy £7,000
Less: proceeds on sale of ponies - Mary
Purchase cost of uniforms
Replacement school surface
Other charitable activities
Total resources expended
Net movement in funds
Total funds brought forward
Total funds carried forward
BALANCE SHEET - 31 March 2024
Assets:
Fixed assets
Debtors / accounts receivable
Cash at bank and in hand
Less: liabilities
Total net assets
Represented by:
General fund
Purchase of ponies fund
Total funds
Liz Jones
Treasurer		 Unrestricted
General Fund
Designated
Development
Fund
Designated
Purchase of
Ponies Fund
Total 2024
Total 2023
£
£
£
£
£
49,822
0
11,000
60,822
60,180
325
0
0
325
1,200
10,115
0
0
10,115
11,036
799
0
0
799
441
1,249
0
0
1,249
370
436
0
0
436
7,080
91
0
0
91
378		 Unrestricted
General Fund
Designated
Development
Fund
Designated
Purchase of
Ponies Fund
Total 2024
Total 2023
£
£
£
£
£
49,822
0
11,000
60,822
60,180
325
0
0
325
1,200
10,115
0
0
10,115
11,036
799
0
0
799
441
1,249
0
0
1,249
370
436
0
0
436
7,080
91
0
0
91
378
62,837
0
11,000
73,837
80,685
1,174
0
0
1,174
1,098
0
0
7,751
7,751
4,901
0
0
-2,000
-2,000
-2,500
784
0
0
784
287
0
0
0
0
52,080
54,586
0
0
54,586
62,010
56,544
0
5,751
62,295
117,876
6,293
0
5,249
11,542
-37,191
141,966
0
1,299
143,265
180,456
148,259
0
6,548
154,807
143,265
31 March 2024
31 March 2023
17,695
23,415
2,039
1,040
135,803
120,543
-730
-1,733
154,807
143,265
148,259
141,966
6,548
1,299
154,807
143,265
17 July 2024

6

Wyfold Group Riding for the Disabled Annual Report and Accounts for the year ended 31 March 2024

ANALYSIS OF INCOMING RESOURCES
Voluntary income:
Riders' contributions
Donations - non-designated
Income tax recovered (Gift Aid)
Activities for generating funds:
Fund raising events
Cards and calendars
Adopt a Pony
Other fundraising (sales through online sites)
Other income:
Grants
Uniform sales (costs below)
Gains on sales of assets - tractor / trailer
Miscellaneous income
Bank interest
Total income
ANALYSIS OF RESOURCES EXPENDED ON CHARITABLE ACTIVITIES
Costs of generating funds:
Staf costs
Legal fees and governance
Equipment, tack and hats
Vet and farrier
Feeds and supplements
Other general pony expenses
Fencing and buildings
General maintenance
Vehicle maintenance
Depreciation
Insurance
General administration
Electricity
Water
Telephone
Transport of horses
Purchase cost of uniforms
Costs of training volunteers (net of contributions/grants)
Website costs
Miscellaneous costs
New school surface (2022-23)
Total expenditure		 General fund
2024
General fund
2023
£
£
29,825
26,891
18,296
25,489
1,701
7,800
49,822
60,180
9,851
10,377
0
70
80
380
184
209
10,115
11,036
325
1,200
799
441
436
7,080
91
378
1,651
9,099
1,249
370
62,837
80,685
14,977
13,236
1,174
1,098
405
1,174
7,707
15,963
6,972
7,111
2,694
1,925
1,311
3,931
1,411
1,057
1,281
306
11,180
10,065
3,713
4,243
841
699
186
1,000
236
197
442
348
824
375
784
287
180
275
115
0
111
105
0
37,057
56,544
100,452

7