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← Wakefield Riding For The Disabled Association

2024-03-31-accounts

Wakefield Riding for the Disabled Association

Charity number 1120760

A company limited by guarantee number 05980871

Annual Report and Financial Statements

for the year ended 31 March 2024

Wakefield Riding for the Disabled Association

Annual Report and Financial Statements for the year ended 31 March 2024

Contents Page
Trustees' report 2 to 5
Examiner's report 6
Statement of financial activities 7
Balance sheet 8
Notes to the accounts 9 to 15

Prepared by West Yorkshire Community Accountancy Service CIO

1

Wakefield Riding for the Disabled Association

Trustees' report for the year ended 31 March 2024

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position

Shirley Hudson Secretary Audrey Joyce Honeyman Janet English Chair Karen Noden

Charity number Company number

1120760 05980871

Registered in England and Wales Registered in England and Wales

Registered and principal address

Bankers

Pennine Community Nat West Wood Lane Wakefield City Branch Chapelthorpe 56 Westgate Wakefield Wakefield West Yorkshire WF1 1XF WF4 3JL

Independent examiner

E J Beverley FCCA

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a company limited by guarantee and was formed on 27 October 2006. It is governed by a memorandum and articles of association. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £1.

Method of recruitment and appointment of trustees

The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.

Objectives and activities

The charity's objects

To promote the objects of the Riding for the Disabled Association incorporating Carriage Driving, a charity registered under charity number 244108 ("RDA"), by providing disabled people with the opportunity to ride and/or to carriage drive to benefit their health and well being in the Wakefield and district area.

The charity's main activities

To provide horse riding for people with disabilities to improve their health and well being. Educational activities for young people.

Volunteering opportunities for the local community.

We are now registered with RDA UK for the additional activity of ‘Tea with a Pony’. Initially for those living with dementia however we also open these sessions up to those living with mental health, limited physical activity and loneliness.

2

Wakefield Riding for the Disabled Association Trustees' report (continued) for the year ended 31 March 2024

Public benefit statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular with regard to disabled people by providing them with the opportunity to ride and be involved with horse care.

Achievements and performance

The trustees have continued to work with Camphill Wakefield to progress the merger and is anticipated to be completed by August 2024.

The Centre Manager and trustees have spent time considering the future staff requirements of the group and succession planning. The trustees are delighted that Charlotte Worbey, was Hill, on her return from maternity leave, accepted the offer to become a full-time member of staff. The group is fortunate to have 4 Coach in Training volunteers and is delighted to share 2 have completed their training, been assessed and achieved Group Coach. This achievement has been supported by Volunteer Group Coach, Dawn Thompson, who has taken on the role of being the Group’s Lead Coach to mentor the trainee coaches. Charlotte has achieved the Certificate in Assessing Vocational Achievement enabling the Group to continue to deliver City & Guilds awards and qualifications.

In addition to our regular activities, in April 2023, we welcomed BLESMA, an organisation that supported limbless veterans, and their families for a Saturday morning of riding.

As the year progressed, and coach resources increased, the Group has been able to develop new sessions. This includes expansion of the Supported Volunteer activity to be an enrichment activity for young people in schools, preparing to transition from school to college. 1 young person achieved City & Guilds Work Based Learning Level 1 Horse Care, 4 Camphill Wakefield students achieved ASDAN Towards Independence and Grade 1 Horse Care.

Since February 2024 there has been an increase in school enquiries for 1:1 sessions for riding, horse care as additional activities for their welfare, including 3 schools that have not previously approached the Group. This renewed interest is positive, and particularly encouraging in light of the Group having been approached by WMDC to become an approved Alternative Provision for inclusion in the new directory, due for launch in July 2024.

Hannah Wilson had been due to join the Group, as part-time staff, in February 2023, however this was delayed due to breaking her arm. Happily, she was able to join the Group at the beginning of September and has proved to be a great fit and asset to the group. She achieved Group Coach in December 2023 and this enabled the Group to make preparations for resuming evening sessions. This was a lengthy process of contacting everyone on the waiting list to begin matching need with availability and set in motion a recruitment campaign for evening volunteers. The response was excellent and to ensure a smooth start to evenings, with new volunteers and participants, the Group took an innovative approach. The evening volunteers, for both Monday and Wednesday evenings, were invited to attend 4 evening training sessions throughout March so they completed their induction, initial training and got to know each other before the new participants started in April 2024. This approach improved volunteer retention and created a feeling of belonging.

We completed a full year of fundraising activities, including the return of the Quiz Night, 3 dressage events and stalls at Camphill Wakefield’s Summer and Advent Fair. The Group needed funding to replace all their riding hats, so to supplement the grant from Gallagher Community Fund, the Centre Manager raised additional funds by taking part in York 10K in August 2024.

The Group was successful in an application for funding from Sport England to buy a new horse. Sunny joined the Group in July 2024 and quickly settled into sessions and has proved to be suitable for all ages and disabilities. The donation from the Coop has enabled the Group to purchase some new games equipment to enhance session activities and coaches to get creative with new games.

3

Wakefield Riding for the Disabled Association

Trustees' report (continued) for the year ended 31 March 2024

Financial review

The net expenditure for the year was £19,143, including net expenditure of £19,020 on unrestricted funds and net expenditure of £123 on restricted funds after transfers.

Reserves policy

The charity's free reserves, excluding fixed assets, at the year end were £42,638.

The Charity should hold reserves of an upper limit £48,000, relating to expenses covering approximately a 6 month period and a lower limit £24,000, relating to a 3 month period.

This is in order to maintain the smooth running of the charity in the event of unforeseen losses or reduction in income and in order to fulfil its legal obligations should the charity have to close.

4

Wakefield Riding for the Disabled Association Trustees' report (continued) for the year ended 31 March 2024

Statement of trustees' responsibilities

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.

Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently;

observe the methods and principles in the Charities SORP;

make judgements and estimates that are reasonable and prudent;

state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Approved by the board of trustees on 08/10/2024

Janet English (Trustee)

5

Wakefield Riding for the Disabled Association

Independent examiner's report to the trustees of Wakefield Riding for the Disabled Association

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2024, which are set out on pages 7 to 15.

Responsibilities and basis of report

As the charity's trustees of the charitable 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 charitable 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 ('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 material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

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.

E J Beverley FCCA

15/10/2024

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

6

Wakefield Riding for the Disabled Association

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2024

Notes
2024
Unrestricted
funds
£
Income from:
Grants and donations
(2)
15,820
Sales and fees
35,880
Fundraising
7,016
Donated services
5,000
Drinks machine
1,267
Other income
58
Profit on disposal of assets
178
Bank interest
708
Total income
65,927
Expenditure on:
Salaries, NICs and pensions
(3)
47,841
Payroll and pension admin cost
864
Staff healthcare
107
Travel and expenses
58
Vet and equine dentist
9,331
Equipment and repairs
12,524
Farrier
1,537
Training and education
143
Licenses
916
Event costs
-
Insurance
2,939
Feed
974
Fundraising
722
Donated services
5,000
Drinks machine rental
1,265
Drinks machine supplies and expenses
840
Independent examination
1,386
Depreciation
3,860
Sundries
338
Postage and office supplies
637
Printing and photocopying
529
Total expenditure
91,811
Net income / (expenditure)
(25,884)
Transfers between funds
6,864
Net movement in funds
(19,020)
Fund balances brought forward
74,923
Fund balances carried forward
(4)
55,903		 2024
Restricted
funds
£
9,300
-
-
-
-
-
-
-
9,300
-
-
-
100
481
1,352
-
626
-
-
-
-
-
-
-
-
-
-
-
-
-
2,559
6,741
(6,864)
(123)
7,271
7,148		 2024
Total
funds
£
25,120
35,880
7,016
5,000
1,267
58
178
708
75,227
47,841
864
107
158
9,812
13,876
1,537
769
916
-
2,939
974
722
5,000
1,265
840
1,386
3,860
338
637
529
94,370
(19,143)
-
(19,143)
82,194
63,051		 2023
Total
funds
£
15,436
46,925
8,029
5,000
1,892
31
-
290
77,603
46,775
1,056
66
376
3,797
12,807
1,440
1,829
298
130
3,370
2,150
500
5,000
1,265
599
1,320
3,883
281
470
490
87,902
(10,299)
-
(10,299)
92,493
82,194

All incoming resources and resources expended derive from continuing activities.

7

Wakefield Riding for the Disabled Association

Balance sheet

as at 31 March 2024
2024
Unrestricted
£
Fixed assets
Tangible assets
(5)
13,265
Total fixed assets
13,265
Current assets
Debtors and prepayments
(6)
8,716
Cash at bank and in hand
(7)
36,235
Total current assets
44,951
Current liabilities:
amounts falling due within one year
Creditors and accruals
(8)
2,313
Total current liabilities
2,313
Net current assets / (liabilities)
42,638
Net assets
55,903
Funds
Unrestricted funds
55,903
Restricted funds
-
Total funds
55,903		 2024
Restricted
£
-
-
-
7,148
7,148
-
-
7,148
7,148
-
7,148
7,148		 2024
Total
£
13,265
13,265
8,716
43,383
52,099
2,313
2,313
49,786
63,051
55,903
7,148
63,051		 2023
Total
£
9,532
9,532
6,546
67,436
73,982
1,320
1,320
72,662
82,194
74,923
7,271
82,194

For the year ending 31 March 2024 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who are also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).

The financial statements were approved by the board of trustees on 08/10/2024

Janet English (Trustee)

8

Wakefield Riding for the Disabled Association

Notes to the accounts

for the year ended 31 March 2024

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by 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) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Donated assets, facilities or services are valued at their estimated value to the charity. This is the price that the charity estimates it would pay in the open market for equivalent items; or services and facilities of equivalent utility to the charity.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Leases

Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.

9

Wakefield Riding for the Disabled Association

Notes to the accounts

for the year ended 31 March 2024

1 Accounting policies continued

Tangible fixed assets

Tangible fixed assets are to be capitalised if they can be used for more than one year and cost at least £250. It is assumed that used assets donated to the company, other than the ponies, are on average 50% through their expected life and hence are capitalised at 50% of their estimated new replacement value. The working life of each pony on acquisition is estimated when acquired, maximum of 10 years, and depreciated on a straight-line basis over this period. Where ponies are donated an estimated value is assigned.

Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows:

Ponies: over 10 years

Stable and riding equipment: over 10 years: 10% per annum Stable and riding equipment: over 5 years: 20%per annum Office furniture and equipment - 25% per annum Container: 5% per annum

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

10

Wakefield Riding for the Disabled Association

Notes to the accounts continued

for the year ended 31 March 2024

2 Grants and donations
Riding for the Disabled Association (RDA)
Sport England
Disability Rights
Co-Op
Neighbourly
Other donations
3 Staff costs and numbers
Gross salaries
Social security costs
Employment allowance
Pensions		 2024
Unrestricted
funds
£
-
-
-
-
-
15,820
15,820		 2024
Restricted
funds
£
-
7,200
-
100
1,000
1,000
9,300		 2024
Total
funds
£
-
7,200
-
100
1,000
16,820
25,120
2024
£
43,888
5,449
(3,168)
1,672
47,841		 2023
Total
funds
£
350
-
2,796
-
-
12,290
15,436
2023
£
45,213
3,155
(3,144)
1,552
46,775

The average number of employees during the year was 2.6, being an average of 2.4 full time equivalent (2023: 2, 1.5 FTE). There were no employees with emoluments above £60,000.

Defined contribution pension scheme 2024 2023
£ £
Costs of the scheme to the charity for the year 1,672 1,552

11

Wakefield Riding for the Disabled Association

Notes to the accounts continued

for the year ended 31 March 2024

4 Restricted funds
2024 New Horse
Co-op repurposed stables Fund
Co-op Thornhill Grant
RDA - Grants to Groups
Horses for Health
Neighbourly Grant
RDA Vol. Coordinator Grant
Sport England - Sunny
Sport England - Return to Play		 Balance b/f
£
-
4,055
-
1,430
239
-
939
-
608
7,271		 Incoming
£
1,000
-
100
-
-
1,000
-
7,200
-
9,300		 Outgoing
£
-
1,179
100
626
72
-
-
582
-
2,559		 Transfers
£
-
(1,864)
-
-
-
(1,000)
-
(4,000)
-
(6,864)		 Balance c/f
£
1,000
1,012
-
804
167
-
939
2,618
608
7,148

Fund name

2024 New Horse Co-op repurposed stables Fund

Purpose of restriction

Towards the purchase of a new horse and associated costs. Originally for a new stable block, the funder has agreed this can be repurposed for facility improvements.

The transfer relates to the purchase of new seating for the viewing area and a bookcase, capitalised for the use of the whole charity.

Co-op Thornhill Grant RDA - Grants to Groups Horses for Health Neighbourly Grant

RDA Vol. Coordinator Grant Sport England - Sunny

Sport England - Return to Play

To help towards the cost of new games equipment. Towards costs of new activities and opportunities for growth. Towards Tea with a Pony.

To help towards the cost of new riding hats. The transfer relates to the new hats being capitalised.

RDA Vol. Coordinator Grant

To purchase a horse. The transfer relates to the cost of Sunny, the horse purchased, being capitalised.

To assist with the group's restart of activities in a Covid safe manner for our coaches, volunteers, work placement students and participants.

12

Wakefield Riding for the Disabled Association

Notes to the accounts continued

for the year ended 31 March 2024

**5 ** Tangible assets
Cost
At 1 April 2023
Additions
Disposals
At 31 March 2024
Depreciation
At 1 April 2023
Depn reversed re. disposals
Charge for year
At 31 March 2024
Net book value
At 31 March 2024
At 1 April 2023
Stable and Riding Equipment
Cost
At 1 April 2023
Additions
Disposals
At 31 March 2024
Depreciation
At 1 April 2023
Depn reversed re. disposals
Charge for year
At 31 March 2024
Net book value
At 31 March 2024
At 1 April 2023		 £
2,730
-
-
2,730
1,776
-
683
2,459
271
954
Container		 £
2,296
2,429
-
4,725
1,289
-
983
2,272
2,453
1,007
Office
equipment		 £
22,420
1,481
(1,199)
22,702
19,799
(882)
904
19,821
2,881
2,621
£
15,247
-
(529)
14,718
12,626
(212)
608
13,022
1,696
2,621
Over 10
years
Total
Stable and
Riding
Equipment		 £
8,900
4,000
-
12,900
3,950
-
1,290
5,240
7,660
4,950
£
7,173
1,481
(670)
7,984
7,173
(670)
296
6,799
1,185
-
Over 5
years
Ponies		 Total
£
36,346
7,910
(1,199)
43,057
26,814
(882)
3,860
29,792
13,265
9,532
Total
£
22,420
1,481
(1,199)
22,702
19,799
(882)
904
19,821
2,881
2,621

13

Wakefield Riding for the Disabled Association

Notes to the accounts continued

for the year ended 31 March 2024

6 Debtors and prepayments
Debtors
Prepayments
Accrued income
Other debtors
7 Cash at bank and in hand
Cash at bank
8 Creditors and accruals
Accruals
Taxation and social security		 2024
£
1,090
1,938
1,941
3,747
8,716
2024
£
43,383
43,383
2024
£
1,487
826
2,313		 2023
£
2,190
1,403
1,021
1,932
6,546
2023
£
67,436
67,436
2023
£
1,320
-
1,320

9 Related party transactions

Trustee expenses

No trustee received any expenses during this year or the previous year.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

10 Operating leases
Within one year
In the second to fifth years inclusive
Expected future minimum lease payments over the remaining life of the
lease, analysed into the period in which the commitment falls due:		 2024
£
1,316
353
1,669		 2023
£
1,519
1,669
3,188

14

Wakefield Riding for the Disabled Association

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2024

2024
2023
Unrestricted Unrestricted
funds
funds
£
£
Income
Grants and donations
15,820
12,290
Sales and fees
35,880
46,925
Fundraising
7,016
8,029
Donated services
5,000
5,000
Drinks machine
1,267
1,892
Other income
58
31
Profit on disposal of assets
178
-
Bank interest
708
290
Total income
65,927
74,457
Expenditure
Salaries, NICs and pensions
47,841
42,719
Payroll and pension admin cost
864
1,056
Staff healthcare
107
66
Travel and expenses
58
70
Vet and equine dentist
9,331
3,797
Equipment and repairs
12,524
2,827
Farrier
1,537
1,440
Training and education
143
329
Licenses
916
298
Event costs
-
30
Insurance
2,939
3,370
Feed
974
2,150
Fundraising
722
500
Donated services
5,000
5,000
Drinks machine rental
1,265
1,265
Drinks machine supplies and expenses
840
599
Independent examination
1,386
1,320
Depreciation
3,860
3,883
Sundries
338
271
Postage and office supplies
637
470
Printing and photocopying
529
192
Total expenditure
91,811
71,652
Net income / (expenditure)
(25,884)
2,805
Transfers between funds
6,864
1,019
Net movement in funds
(19,020)
3,824
Fund balances brought forward
74,923
71,099
Fund balances carried forward
55,903
74,923		 2024
Restricted
funds
£
9,300
-
-
-
-
-
-
-
9,300
-
-
-
100
481
1,352
-
626
-
-
-
-
-
-
-
-
-
-
-
-
-
2,559
6,741
(6,864)
(123)
7,271
7,148		 2023
Restricted
funds
£
3,146
-
-
-
-
-
-
-
3,146
4,056
-
-
306
-
9,980
-
1,500
-
100
-
-
-
-
-
-
-
-
10
-
298
16,250
(13,104)
(1,019)
(14,123)
21,394
7,271		 2024
Total
funds
£
25,120
35,880
7,016
5,000
1,267
58
178
708
75,227
47,841
864
107
158
9,812
13,876
1,537
769
916
-
2,939
974
722
5,000
1,265
840
1,386
3,860
338
637
529
94,370
(19,143)
-
(19,143)
82,194
63,051		 2023
Total
funds
£
15,436
46,925
8,029
5,000
1,892
31
-
290
77,603
46,775
1,056
66
376
3,797
12,807
1,440
1,829
298
130
3,370
2,150
500
5,000
1,265
599
1,320
3,883
281
470
490
87,902
(10,299)
-
(10,299)
92,493
82,194

15