Crnnleigh Riding for the Dlsabl8d Association Group Company Limitsd by Guarantee Flnancial Statements for the yoar endod 31 Mar¢h 2023 Cranleigh Riding for the Disabled Association Group Company Limtied by Guarantee Financial Ststements 31 March 2023 Company Registration Number.. 06603028 Charity Number. 1125242 Contents
Cranleigh Riding for the Dlsabled Asso¢i¥llon Group Company Limited by Guarantee Flnancial Statements for the year ended 31 March 2023 Trustees, Annual Report Independ8nt Examinerfs Report Statement of Finanaal AGtivib'es Balance Sheet Notes 7-12 Detailed Statement of Financial Activilies 14
Cranlelgh Riding for the Disabled Associatlon Group Company Limited by Guarantee Flnan¢ial SLthmonts for the yèar ended 31 March 2023 Trustees. Annual Report The trustees, who are also direcaors for the purposes of company law. present their report and the unaudited finanoal statements of the company for the year ended 31 March 2023. The finanual statements comply with the Chanties Act 2011. the Companies Act 2006, the Memorandum and Artides of Association, and Accounting and Reporting by Charibes.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard for Smaller Entities. OBJECTIVES AND ACTivrriES The obierts of the chanty are to promote the ofy'ects of the Riding for the Disabled Association Incorporating Carriage Dnving. a chanty registered under chanty number 244108, by providing dIsaed people with the opportunty to ride andlor to carriage drive to benefrt their health and well-beirvJ in the CranIeh area. W8 hav8 referred to the guidanck contained in the Chanty Commission's general guidance on public benefit when reviewing our aims and obj'ectives and in planning our future activities. We believe that the charrty provmles wbhc benefrt by delivering riding opportunities for disabled people. The trustees intend to cary on activities in similar fashion. ACHIEVEMENTS AND PERFORMANCE Period Summer Temi 2022 Summer Holida s 2022 Autumn Tem 2022 rin Term 2023 RKlers 118 14 102 81 Rides 38 579 492 Initially. during the reporting year we saw rider numbers starting to return to a lev81 nearer to our pre-covid levels. However, this dMI not continue. As can be seen from the above numbers, we have seen a signfficant drop in rider numbers and therefore ndes enjoyed. This can be attn'buted to no evening ndes in the Spring Term (too darklcold). 12 riders leaving for a vanety of reasons, mainly health, and the onerous requirements of RDA UK for coaches seeking to qualrfy and those needing a comFetenGe review. This has caused a number of our coaches to gNe up their sessions. We are endeavouring to rectify this situation and have 4 Coaches in training which will signbficantly boost our numbers. We believe RDA UK are seekn'ng to ease the wessure on coaches which will be benefirAal. Another factor influencing our rider numbers is that one school has lost the funding for riding activrties and are no longer continuing. The impart of this wll not be reflected until the next financial year.
Crnnloigh Riding for tho Disabled Assoclatlon Group Company Llmited by Guarnntee Flnancial Ststsments for tho year ended 31 March 2023 As reported last year. we have been ath'vely looking for new horses. and suitable equines are proving d1fficu to find. Howev8r, y recently have acquired 3 new ponies, one of whom we have already purthased, the other are still on trial. Other horses brought in during the reporting year have been tried and retumed as they did not frt into or enjoy RDA equine lrfe. During the y8ar, we held a very successful Open Day to shuw case our work and to encourage and welcome local awareness of Cranleoqh RDA Ive had a lot of people come and see our demonstration rides and meet our ponies. As a bonus people saw a thrilling demonstration by one of our Directors, Dick Lane. with his Team of Four driving in our indoor school. Although this was not a fundraisirKJ event, we dKI benefft from circa £1,000 from our raffles, etG The trustees would like to take this opw)rtunty to thank all those who contribute with such enthusiasm to the successful running of this wonderful organisation.. the many volunteers {in¢luding coaches and other helpers), donors, staff - and of course the horses- who between them ensure that we can continue to offer opportunities for therapeutic riding to adults and children in the Cranleyh area. FINANCIAL REVIEW The Group has seen a recovery in rider numbers and donats'ons compared to last year which was heavily impacted by Covid. Riding donations totally £24,805 compared to £11,878 for the previous year, which is an increase of 109%. However annual nder donations are still c£10k below pre-covid levels, and given the issues currently fad in maintaining the number of sessions held, it is unlikely that we will return to the pre£ovid levels within the near future. During the year we were very fortunate to receive a don'on of £21.8k from one of our volunteers who raised this through their employerfs sponsorship scheme. which has given our cash reserves a welcome boost. Once again, the 2022 Good Friday Sponsored Fun Ride was well supported, and the event raised a total of £8.400. An increase in some costs has been seen, especially some of those relating directly to thè care and welfare of our horses, such as vet and farrier fees and the cost of hay. However, administration costs have been tightly oyrtrolled. and the Statement of Financial Activities shobvs a net income for the year of £4,951 for the year (2022 net expenditure £6,184). Total funds at the end of the period were £880.427 (2022: £875.476). Cash balances have increased to £92,523 (2022 £72.067). Total expenditure (excluding depreciation) in 2023 was £72,826 (2022. £50,156}. Cash reserves are sufficient to cover 15 months, expenditure12022'. 17 months). It is the trustees, policy to maintain sufficient reserrfes to cover 12 months, expenditure. The trustees meet on a regular basis to review the charity's financial position: expenditure is being tightly managed and fundraising activities are ongoing. Given all the circumstances. the trustees consider the financial performance by the chanty during the year to have been satisfacory.
Crnnleigh Riding for the Dlsabled Assodatlon Grnup Company Limited by Guarantee Flnancial Ststements for the year ended 31 March 2023 STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is constituted as a company limrted by guarantee and is therefore govemed by a memorandum and artides of association. The directors of the company are also trustees of the charity. Eligibility for membership of the charty and membership of the board of trust8es is governed by the memorandum and artides of association. There are no restncts'ons in the goveming document on the operation of the charity or on its investment powers, other than those imposed by general chanty law. New trustees are idents'fied in relation to the knowledge and sknlls that they can bring to the ¢harity's activities. REFERENCE AND ADMINISTRATIVE DEfAILS Cranleigh Riding for the Disabled Association Group 1125242 Registered charity name Charity Wlstration number Company registration number Principal and registered office 06603028 Casi's Fan RoY Drive CranIeh Surrey GU6 8PL Trustees, all of whom sefved the company throughout the period, were as follows.. Sarah Matthews (Co£hair) Mary Stok88 (C(>Chair) Cass Ivie (Secretary) Sarah Lambert - Retired October 2022 (Treasurer) Mark Fidling - Appointed October 2022 (Treasurer) Pat Breakell Anthea Dickson LJ"z Harrison Dick Lane Nicola Kelso - Appointed April 2022 Independent examiner Bernard Brace FCCA 52-53 Smrthbrook Kilns Cranleigh Surrey GU6 8JJ Bernard Brace has been rappoInted as independent examiner for the ensuing year. Signed on behalf of the trustees. Matft Fidling Director arKI trustee
Cranlelgh Riding for the Disablod Aswciation Group Company Limited by Guarantee Flnan¢lal Statements for the year ended 31 March 2023 INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF CRANLEIGH RIDING FOR THE DISABLED ASSOCIATION GROUP l Teport on the accounts of the company for the year erKled 31 March 2023 which are set out on pages 1 to 12. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EMMINER The trustees {who are also the dirpLtors of Cranlwgh RKling for the Disabled ASSatiOn Group for the purposes of company lawl are responsible for the preparatKfyn of the a¢unts. The Iwslees Gonsider that an audrt Is not required for this year under seckn 14412) of the chanb.es Act 2011 (the 2011 Act} and that an independent examination 1$ needed. Having satisfK8d myself that the company is not subject to audit under company law and is e1ible for independent examinat. rt is my responsibilty to.. examine the accounts under section 145 of the 2011 Act follow the procedures laid du4vn in Ihe general Direcb"on$ gNen by the Chanty Commission under Section 14515llbl of the 2011 Act.. and state whether particular matters have come to my attenlion. BASIS OF INDEPENDENT EXAMINER'S REPORT My examination was carried out in accordance wrth the general Directions gwen by the Charty Commission. An examination includes a reviéw of th• a¢counbng records kept by the company and a comparison of the accounts Pfesented with those re¢tyds. It also includes Considerab'on of any unusual items or disclosures in the accounts and seekn'ng expLanatsons from you as tnjstees conceming any such matters. The procedures undertaken do not provide all the evKlen¢e thal would be reqUId in an audrt and cOnsequenY opinion given as to whether the accounts psent a 'true and fair vievl and the re[ B limited to those matters 88t out in the ststement below. INDEPENDENT EXAMINER'S STATEMENT In o)nne¢tton with rrry examination. no nwtter has coffe to nry attentKm'. which gNes me reasonabb cause to believe that in any material restect the requirements.. to keep accounting records in 1rdance with seclw)n 386 of the Companies Act 20C6', and to Ppare accounts which acccKd wrth the accounkn'ng records, ¢4Jnply with the accounting requirements of section 396 of the Companies Act 20C6 and wtth the methcKls and principles of the Slatemenl of Recommended PraCe." Accounb'ng and Reporting by Charities have not been nRt', or 2. to which, in my opini, attention should be drawn in orde the a¢Unts to be reached. nabl per understanding of Bemard Bra¢e FCCA 52-53 Smrthbrook Kilns Cranleigh, Surrey. GU6 8JJ Independent examiner
Cranlelgh Rlding for the Disabled Association Group Company Limlted by Guarantee Flnancial Statsments for the year gndod 31 March 2023 STATEMENT OF FINANCIAL ACTIVITIES (Incorporating the Income and EXperrtUre Account) 2023 2022 Unrestricted R•strlet•d Fund• Funds Total Fund• Totsl Fund$ Donalknis and1¢gwes Charllable activitie8 32.672 24,805 35.929 32,672 24.805 35.929 29,237 11,876 18.515 Other Irading 8¢bvrties Inv9Stmenl8 28 28 Total Incom• 93,434 93434 59.630 ExpendiluTr on.. Raising funds chants1¥ activities 1.490 1,490 86.993 29 718 Premise$ improvements Total Exp•ndltur• 6S,814 N•t Incom• I IExp•ndlturnl 4951 4.951 16.1841 Tr•n•f•f8 b•t*wn Fund• N•t Mov•ment In Fund• 4951 4.951 16.1841 Re8On dFuKIs Totsl Fund$ Brcyjght Forwa Total Fd¥ carri Ffywa 875.478 875.476 881680 880A27 875,476 The Statement of Financjal Activities irdudes all gains and losses recognised in the year. All of the above amounts relate to continuing activrties. The Notes on Pages 7 to 12 form part of these Financial Statements.
Cranlelgh Riding for the Disabled Association Group Cornpany Llmited by Guarantee Flnan¢i•l Ststsments for tho year ended 31 March 2023 BALANCE SHEFr 2023 2022 Flxod Assets Tangible Assets 11 787,863 787.863 803,521 803,521 Curr•nt Assets Debtors 12 1,241 92.523 93,764 1.179 Cash at Bank 72,067 73.246 Llabllit*8 Creditors.. Amounts falling due wlihln one yeai Not Curr•nt Amots 13 11.200) 92,564 {1,2911 71,956 Total Assets less Current Lrdbilits'es 880.427 875,476 N•t As••ts 880,427 875,476 Fund¥ Restrthd Income Funds Unrestricted Incom8 Funds 14 2,906 872,570 875.476 15 880.427 880.427 Tolal Funds For the year ended 31 March 2021 the company wa$ entitw to exemption from audit under section 477 of the Companies Act (2006) relating to small companies. Trustees, responsibiltkies.. The members have not required the company to obtain an audii of rts accounts for the year in question in accordance with section 476: and The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to a¢¢ounting records and the preparation of accounts. These financial statements were approved by the members of the Board and authorised for issue on date a d are swJned on their behalf by: re 27 Juty 2023 Company registrats'on Number. 06603028 The Notes on Pages 7 to 12 fom part of these Finanual Statemenls.
Cranlelgh Rldlng for the Dl8ablBd Associallon Group Company Llmlted by Guarantee Flnanclal Statements for th• year ended 31 IAarch 2023 NOTES 1. ACCOUNTING POLICIES 8asis of accounting The financial statements have been prepared in acCOrdaT Wtth Accounts'ng and Reporting by Charities". Statement of Recommended Practice appIable to charities preparing their aounts in accordance with the Financial Reporttng Stsndard for Smaller Entr1 published on 16 July 2014. Ihe Financial Reporb"ng Standard for sMalr EnlrtEs leffecb've January 20151 and the Companies Act 20C6. Assets and liabilities are inibalty re(wnised at histortal cost or transaction value except for investments which are induded at market value. Fund accounting Funds are split t*een unrestricted and restrtted fvnds. Restrthd funds a fvnds where the donor determined the way in Wh the chanty shoukj appty the funds. Fixgd 8ssets Tangible fixed assets are rmasured at cosi less accumulated depreCtion and any accumulated impairment losses. The cost shown in the accounts for freehold land is the histOral cost at which it was inherited by the charity (from the prevK)usly unincorporaled chanty in 20091. Depwiatlon is cakulated to write dcywn the cost estimated resKJual Yalue of all tsngible fixed assets, other than freehold land. over their expected useful Irwes using the straight-line method. The rates applicable are.. Freehold buildings Equipment Itad<l 50 years land starting in the year after acquisitn) the directors believe that the net realiSab value is at least equal to historic cost and 50 is not depreciated 4 years Motor vehicles Stocks Stocks are valued at the lower of cost and Mt realisable value, after rroking due allowance for obsolete and slcml K)VIng items.
Crnnlelgh Rlding for the Disablgd Asso¢latlon Group Company Llmlted by Guarantee Flnancial Ststements for th¢ year endod 31 Ilarch 2023 INCOME FROM DONATIONS AND LEGACIES Unrestrkted Restrl¢ted Total Funds Funds Funds 2023 Tolal Funds 2022 DonatKJns Grants 32,672 32.672 29.237 32,672 29,237 INCOME FROM CHARITABLE ACTIVITIES Unr•8trlctsd Restrfctod Totsl Funds Funds Funds 2023 Total Fund8 2022 Voluntary Donations from Riders 24.805 24.805 11,878 24,805 11,878 The charity does ask rvjers for a dOnatn to 1p wlth costs.. hv*ever. this entirety voluntsry, and seiviceg are provided regardS of whether or not a donation recefvad. INCOME FROM OTHER TRADING ACTIVITES Unrnstrl¢ted Re8tr1cted Total Fund8 Funds Fund8 2023 Total Funds 2022 Shop income Fundraising events- Sponsored Ride 2022 Fundraising events- Sponsored Ride 2021 Other fundraising events Sale of pony Other activitS for generating nds 142 142 1.235 7.744 21.854 4.949 7.714 21.854 4.949 11,513 1,715 2,500 1,240 1,240 1,522 35,929 18.515 INCOME FROM INVESTMENTS Unrestrlcted Restrict Total Funds Funds Funds 2023 Totsl Funds 2022 Bank interest 28 28 28 28
Crnnlelgh Rldlng for the Dlsabled Asso¢iation Group Company Llmfted by Guarantee Flnanclal Stst¢ments for th• yfrar 31 March 2023 EXPENDITURE ON RAISING FUNDS Unrestricted Regtrlcted ToLIl Funds Funds Funds 2023 Total Funds 2022 Shop costs Fundraising costs Bank charges 376 1042 72 376 1042 72 833 929 EXPENDITURE ON CHARITABLE ACTIIIITIES BY FUND TYPE Unrn8trl¢t•d R••trlctod Totsl Funds Fuftd8 Fund6 2023 Total Fund• 2022 Provision of riding facilit Purchas6 of horses Depreciation 63,81 7.907 15.657 63.806 7,9)7 15.657 44,754 4,474 15,657 EXPENDITURE ON CHARITABLE ACTIVITIES BY ACTIWTY TYPE Riding Fa¢iliti•8 Total 2023 Totsl 2022 Provision of nding facil"e$ Purchase of horses DepTrcialb 63,81 7.blJ7 15.657 63,8( 7,907 15.657 44,754 4,474 15,567 64,885
Crnnlgigh Rldlng for the Diubled Association Group Company L1rnit by Guarnntsg Flnanclal Statom•nts for tho yoar ondod 31 March 2023 SUMMARY ANALYSIS OF EXPENDrruRE AND RELATED INCOME FOR CHARITABLE ACTIVITIES Providlng Rldlng Total 2023 Total 2022 Voluntary donabons from rKlers Provision of ridin9 faciliti'es Purchase of horses 24,805 {63.806) 24.805 163,8061 7.9Ck8 {46,9071 15,657 11,878 (44,7541 4,474 137,3501 -(15:657 (46.907) 15.657 Depreciab'on Nel expendrture on charilable actbvit Expenditure on charitsble activrties includes Depreciats"on of £15,65712022.' £15.6571 which 1$ a non- cash Item. The undedying (cashl net expendrture is fvnded by voluniary Conth"bUtn$ from rmders, fundraising activities leg the annual sponsored rvjel, grants and donatn5 10. STAFF COSTS AND EMOLUMENTS Total 2023 Totsl 2022 Total staff costs were as folbws. Wages and salari8s, incl National Insurance and pension 19,241 16.897 19,241 Particulars of empbyees.. The average nTrJnlhty headcount was 112022. 11 and the average number of employees during the year. calculated on the basis of full-ts.me equNalents was as follows 2023 2022 Number of managem8nt staff No employee re¢eNed remunerab'on of nmye than £60.000 dunng the year (2022.. None). io
Cranleigh Ridlng for the Disabled Assoclatlon Group Company Limited by Guarantee Flnanclal Statements for the year •nd•d 31 Mah 2023 11. TANGIBLE FIXED ASSETS Fre¢hold Land Freehold Buildings Equipm•nt Vehicles Totsl Cost AI 1 Apfil 2022 Additions Disposals At 31 March 2W23 79.2 782,863 6.420 872,569 79.286 782.863 6.420 872,569 Dgpr•elatlon At 1 April 2022 In Year At 31 March 21r23 6.420 69.048 t5.657 84.705 1S.657 78,285 6.420 N•t Book Valu• Al 31 March 2022 Al 31 March 223 79,286 79,286 720.235 704.578 803.521 787.864 12. DEBTORS 2023 2022 Trade debtors Other debtors PpaYmentS 1,241 1,179 13. CREDITORS.. Amounts falling due within one year 2023 2022 Trade creditors Short term loans 1,200 1,291 14. RESTRICTED INCOME FUNDS At 1 April Ros1¢88 Rewurcety Trnnsfers At 31 March 2022- General Fund 16031 {1.000) 2.906 2023- Gonernl Fund 1214 15.210) li
Cranleigh Rldlng for the DlsablBd A860ciation Group Company Limited by Guarantee Financtal Statsments for the year ended 31 PAar¢h 2023 15. UNRESTRICTED INCOME FUNDS Incoming Outgoing At l Aw51 R•wurces Rmour Trnnjfws At 31 March 2022 880.660 54,121 63.211 1.01)O 872,570 2023 872.S70 88.484) 2.909 880,427 18. ANALYSSS OF ASSETS BETVEEN FUNDS T•nglbl• Flxod Currnnt Total 2023 ReslrKt¢d income lunds Unrestncted income fvnds 803,521 803,521 69,049 71,955 872,570 876,476 2023 ReslTi¢tad income funds UnT881Tl¢d 1me frjnds 787,883 787,863 880.427 880,427 92,564 17. COMPANY LIMITED BY GUARAi¥fEE The company is incorporated Ljnder the Companie5 Act 1985 and is limited by guarantee. each member having undertaken to contribute such amunts not exceeding £1 as may be reqUid in the event of the company being wound up whilst he CK she stsll a member or wthin one year thereafter. 12
Cranloigh Ridlng for the Diublod Association Group Company Limited by Guarantee Flnanclal Statements for the year endod 31 March 2023 The following page does not forni part of the statutory financial slatèments which are the subject of the independent examlnerfs report on Page 13
Cranleigh Rlding for the Dlsabled Association Group Company Llmltsd by Guarnntee Financial Statements for the year gnded 31 IAarch 2023 DETAILED STATEMENT OF FINANCIAL ACTIVITIES This ststement doe5 not fomi part of the statutory financial statements whth are the subject of the independent exarninerfs report on Page 4. 2023 2022 Unrvstri¢ted R•str•cted Fund¥ Fund8 Total Fund• Incom• from.. Oonations Grants Donatlorn nd109acl Voluntsry contributions from rlders charitab •¢tlvltl Shop Incomg Fundraising- SFon8ored R•Je 223 Fundraising- SpK>nsored RNJ8 21r22 FundTai5ing- Other act$ S81• of pony Other a"0$ for gener8ttng fur Oth•r tradlng aclivlth• In¥•#kn8nts 32.672 32,672 29.237 32.672 24.805 24,805 141 32,672 24,805 24.805 29,237 11.878 11,878 1CKI 1,235 11,513 1,715 2,500 1.552 18,515 21.854 21.854 1.240 35.928 1,240 35,777 29 Total Incom• 93.434 93,424 59.630 •ndltur• Shop costs Fundraising costs 88nk charges R•lslng fund• Total staff costs Bedding Hay, feed, supplements etc Farrier Vel, physio, dentist etc T8< and equiwnenl Teaching and Ir8lnitvJ Horse pvr¢has8S Repairs maintenancè Electr and Water InSUrae and sub8rn"pb"or Offi¢x expenses Advertising Transrxjrt and travel costs Deprriation of txjlldings Charitable 4etivilies Premises improvefpefrts Totsl Expenditure 376 1.042 378 1,042 833 929 19,242 1.841 5.235 4.795 19,243 1,841 5.235 4.795 16,898 1,314 3,303 3,260 3,213 3.312 878 4.474 4,884 2.858 5,385 5.385 1,635 7,7 7.SN)7 2,081 4,522 935 2.081 4.522 935 834 15,657 15,657 88N83 15,657 64,885 Net Income I IExp•ndithR) 4.951 16.184) 14