Cranleigh Riding for the Disabled Association Group Company Limited by Guarantee Financial Statements for the year ended 31 March 2025 Cranleigh Riding for the Disabled Association Group Company Limited by Guarantee Financial Statements 31 March 2025 Company Registrats'on Number. 06603028 Charity Number. 1125242
Cranleigh Riding for the Disabled Assoclatlon Group Company Limited by Guarantee Financial Statements for the year ended 31 March 2025 Contents Trustees, Annual Report Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes 7-11 Detailed Statement of Financial Activities 12
Cranleigh Riding for the Disabled Association Group Company Limited by Guarantee Financial Statements for the year ended 31 March 2025 Trustees, Annual Report The trustees, who are also 1CtorS for the purposes of company law. present their report and the unaudited financial statements of the company for the year ended 31 March 2025. The financial statements comply with the Charities Act 2011, the Companies Act 2006. the Memorandum and Articles of Association, and Accounting and Reporting by Charities". Statement of Recommended practi applicable to charities preparing their accounts in accordan with the Financial Reporting Standard for Smaller Ents'ties. OBJECTIVES AND ACTIVITIES The objects of the charity are to promote the objects of the Riding for the Disabled Association Incorporating Carriage Driving, a charity registered under charity number 244108, by providing disabled people with the opportunity to ride andlor to carriage drive to benefit their health and well-being in the Cranleigh area. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. We believe that the charty provides public benefrt by delivering riding opportunities for disabled people. The trustees intend to cary on activities in similar fashion. Chalrnian's Report The year has sometimes felt like a game of snakes and ladders, wrth a few setbacks but fortunately more positives, particularly in recent months. This was especially the case wrth our herd of ponies and horses. Having welcomed Percy, Romeo, and Woody on loan, the latter two, along with Casper, retumed to their owners for different reasons. Unfortunately. while with us, Woody sustained a bad accident in the autumn storms. which put him in hospital and left us with a not insignificant bill for his treatment. We have now purchased Percy and we are also looking to purchase another horse - both purchases possible due to generous bequests and donations we have received this year, 80 our thanks to those donors. We are delighted to have had several new coaches qualfy during the year, so my congratulations to them and thanks to all our existing coaches who helped them over the line. Our new Volunteer Welcome Team has done an outstanding job since its fomation, meeting over 40 people and recruiting some half of those already. Wrth some ongoing discussions, we hope to see some more new faces. A warm welcome to all our new volunteers and thanks to the Team. Our 'Tea with a Pony, pilot for people experiencing dementia proved a great success and we are aiming to expand it further, so thanks to the team involved wrth this innovative initiative. Once again, the Sponsored Fun Ride on Good Friday saw Cranleigh RDA at its very best, with so many volunteers giving up their day to help us raise over £12.000, despite having fewer guest riders this year. We51 done, and thanks to everyone involved with the event. A special mention to two volunteers who were recognised at RDA National level." Mary Biggs, recipient of the President's Award for unparalleled dedicats'on and service for three
Cranleigh Riding for the Disabled Association Group Company Limited by Guarantee Financlal Statements for the year ended 31 March 2025 decades or more, which was presented to Mary personally by RDA President, the Princess Royal. and Kim Balchin, recipient of the New Coach of the Year Award. Congratulations to both. Overall, we have made very good progress as an organisation with our aims of increasing the number of coaches; identifying more sources of income; and engaging more actively and frequently with our entire community of volunteers. But there is still more work to do! But let me finish by expressing my sincere thanks to: Nikki Kelso, who stepped down from the Board for health reasons. We wish her well. The stable management team, for their hard work 365 days a year. Our coaches and organisers for managing our programme so effectively. All our volunteers, the beating heart of Cranleigh RDA, for their dedication. All our donors and supporters, for their generosty. My fellow Board members, for their support and contributions to every aspect of running Cranleigh RDA. I look forward to us all continuing to work together throughout 2025-26 and beyond, especially to what will be our Diamond Jubilee Year in 2027. FINANCIAL REVIEW During the year we have continued to receive many generous donations from numerous sources, and these remain essential to the continues operation of the group. This year w8 have seen a reduction in our overall income to £65k (2024: £78.8k) this is in large part due to the fact that in the prior year we received several large "one iff donations which have not been repeated this year. Riding donations have seen an increase for the first time since before the pandemic. This is due mainly to an increase in our suggested donation from riders which was implemented from January 2025. As this increase applies to only one term, we are hopeful that a further increase will be seen in the next financial year. This was supported by donations from non- riding sessions, such as Tea with a Pony, which were run for the first time during the summer holidays. The annual Sponsored Ride was once again a great success and raised in excess of £11 k, which remains a very welcome boost to our overall income, We continue to see increases in some costs, especially some of those relating directly to the care and welfare of our horses. Vet fees have increased signfficantly to £13.8k (2024.. £8.5k), although £3.5k of thi8 relates to the treatment for the unfortunate injury to Woody. We have not purchased any horses during the year, although we did receive £2.5k from the sale of Cookie. Administration costs continue to be tightly controlled, and we were fortunate not to see any repetition of the large repair bill we incurred in the previous year. Premises expenses included replacement of some of the fences in the summer fields at a cost of around £5k and we anticipate that the remaining fences will be replaced in the coming year.
Cranleigh Riding for the Disabled Association Group Company Limited by Guarantee Financial Statements for the year ended 31 March 2025 The profit and loss statement for the period the shows net loss of £25,213 (2023 net loss £18.981).Total funds at the end of the period totalled £836,232 {2024. £861,346). Cash balances have reduced to £77,661 (2023: £87,899). Total expendrture (excluding depreciation) in 2024 was £74.475 (2024: £82.199). It is the trustees, policy to maintain sufficient reserves to cover 12 months, expenditure. and this level of cover has been met, albeit with reduced headroom compared to previous years 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 Group remains adequately funded to continue its operations.
Cranlelgh Riding for the Disabled Association Group Company Limited by Guarantee Financial Statements for the year ended 31 March 2025 STRUCTURE. GOVERNANCE AND MANAGEMENT The charity is constituted as a company limited by guarantee and is therefore govemed by a memorandum and artides of association. The directors of the company are also trustees of the charity. Eligibilty for membership of the charity and membership of the board of trustees is governed by the memorandum and articles of association. There are no restrictions in the goveming document on the operation of the chaiity or on its investment powers, other than those imposed by general charity law. New trustees are identified in relation to the knowledge and skills that they can bring to the charity's activities. REFERENCE AND ADMINISTRATIVE DETAILS Cranleigh Riding for the Disabled Association Group 1125242 Registered charity name Charity registration number Company registration number Principal and registered office 06603028 Casi's Fam) Rowly Drive Cranleigh Surrey GU6 8PL Trustees, all of whom served the company throughout the period, were as follows: Alastair McDonald (Chair) Cass Ivie (Secretary) Mark Fidling (freasurer) Anthea Dickson Liz Harrison Dick Lane Nicola Kelso Independent examiner Bemard Brace FCCA 52-53 Smithbrook Kilns Cranleigh Surrey GU6 8JJ Bemard Brace has been re-appointed as indeperKlent examiner for the ensuing year. Signed on behalf of the trustees. Mark Fidling Director and trustee
Cranleigh Riding for the Disabled Association Group Company Limited by Guarantee Financlal Statements for the year ended 31 March 2025 INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF CRANLEIGH RIDING FOR THE DISABLED ASSOCIATION GROUP I report on the accounts of the company for the year ended 31 March 2025 which are set out on pages 1 to 12. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The trustees (who a also the directors of Cranleigh Riding for the Disabled Association Group for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audrt is not required for this year under section 144(2) of the Charits'es Act 2011 (the 2011 Act) and that an independent examinats.on is needed. Having satisfied myself that the company is not subject to audit under cornpany law and is eligible for independent examination, rt is my responsibilty to.. examine the accounts under section 145 of the 2011 Actr, follow the pr(Kedures laid down in the general Directions given by the Charity Commission under section 145{5)(b) of the 2011 Act. and stste whether particular matters have come to my attents'on. BASIS OF INDEPENDENT EXAMINER'S REPORT My examination was carried out in accordance wrth the general Directions gwen by the Charity Commission. An examination includes a review of the accounb'ng records kept by the company and comparison of the accounts presented wrth those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the eviden 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. INDEPENDENT EXAMINER'S STATEMENT In connection wrth my examination, no ffRtter has coff to my attention: which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance wrth secbon 386 of the Companies Act 2006., and to prepa accounts which accord wrth the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Ststement of Recommended Practice.. Accounting and Reporting by Charities have not been met" or 2. to which, in my opinion, attention should be drawn in order to the accounts to be reached. nab per understsnding of Bemard Brace FCCA 52-53 Smithbrook Kilns Cranleigh, Surrey, GU6 8JJ Independent examiner
Cranleigh Riding for the Disabled Association Group Company Limited by Guarantee Financial Statements for the year ended 31 March 2025 STATEMENT OF FINANCIAL ACTIVITIES (Incorporating the Income and Expenditure Account) 2025 2024 Total Funds Unrestricted Restrictsd Fund8 Funds Totsl Funds Income from.. Donations and legacies 25,148 25.148 34,620 Charitablè activities 24.249 24.249 14.8 20,084 other trading activities Investments 14.8S6 23.561 628 628 511 Total Incom• 64,919 64,919 78,776 Expendlturn on.. Raising fund8 Charitsble 8CtNities 754 754 1,305 718 89,378 89,378 96,452 Premlses improvements Total Expendlturn 90.132 90,132 97,757 Not Income 1 {Expondltur•) 125.2131 (25,213) (18.981) The Statement of Financial Activities includes all gains and losses recognised in the year. All of the above amounts relate to continuing activities.
Cranleigh Riding for the Disabled Association Group Company Limited by Guarantee Flnancial Statements for the year ended 31 March 2025 BALANCE SHEEr 2025 2024 Note Fixed A88ets Tangible Assets 11 756,548 756,548 772,205 772,205 Current Assets Debtors 12 2,022 77,662 79,684 1,340 87,889 89,239 Cash at Bank Llabllitles Creditors". Amounts falling due within one year Net Current Assets 13 79,684 89,239 Total Assets less Current Liabilities 836.232 861,445 Net A88ets 836.232 861,445 Funds Restn'cted Income Funds Unrestricted Income Funds 15 836,232 836.232 861.445 861,445 Total Funds For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act (2006) relating to small companies. Trustees, responsibilities: The members have not required the company to obtain an audit of its 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 accounting records and the preparation of accounts. These financial statements were approved by the members of the Board and authorised for issue on da and are signed on their behalf by: rk In Director and trustee a¥L'H Ioii-' Company registration Number. 06603028
Cranleigh Riding for the Disabled Association Group Company Limitsd by Guarantee Financial Statements for the year ended 31 March 2025 The Notes on Pages 7 to 12 fonn part of these Financial Statements. NOTES 1. ACCOUNTING POLICIES Basis of accounting The financial statements have been prepared in accordance wrth Accounting and Reporting by Charities.. Statement of Recommended Pracb'ce applicable to charits'es pparIng their accounts in accordan with the Financial Reporb'ng Standard for Smaller Entsties published on 16 July 2014, the Financial Reporting Standard for Smaller Entib'es (effective January 2015) and the Companies Act 2006. Assets and liabilikn'es a inib.alty recogntsed at historical cost or transaction value except for investments which are induded at market value. Fund 8CCOUllting Funds are split between unrestricted and restricted funds. Restricted funds are funds where the donor determined the way in which the charity should apply the funds. Fixed assets Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated Impairment losses. The cost shown in the accounts for freehold land is the historical cost at which rt was inherited by the charity (from the previously unincorporated charity in 2009). Depreciation is calculated to write down the cost less estimated residual value of all tsngible fixed assets, other than freehold land, over their expected useful lives using the straight-line method. The rates applicable are.. Freehold buildings Equipment (tack) 50 years (and starting in the year after acquisiti'on) the directors believe that the net realisable value is at least equal to historic cost, and so is not depreciated. 4 years Motor vehicles Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving Items.
Cranleigh Riding for the Disabled Association Group Company Limited by Guarantee Flnanclal Statements for the year ended 31 March 2025 INCOME FROM DONATIONS AND LEGACIES Unre8trictsd Restricted Total Funds Funds Funds 2025 Total Funds 2024 Donations Grants 22.251 2.895 22,251 2,895 34.620 25,146 INCOME FROM CHARITABLE ACTIVITIES Unr•strl¢tsd Restrlcted Total Funds Funds Funds 2025 Total Funds 2024 Voluntary Donations from Riders 24.249 24,249 20,084 The charity does ask riders for a donation to help with costs.. however, this is entIlY voluntsry, and services are proVed regardless of whether or not a donation is received. INCOME FROM OTHER TRADING ACTIVITES Unrestrkt•d R•strlct•d Total Fund8 Funds Funds 2025 Total Funds 2024 Shop income Sponsored Ride Other Fund-Raising events Sale of a Pony Other activities for generating funds 980 11,020 980 11,020 1,064 11,149 10,303 2,500 396 2,500 396 1,045 14,896 23,561 INCOME FROM INVESTMENTS Unrfflstrfcted Restrfcted Total Funds Funds Funds 2025 Total Funds 2024 Bank interest 628 628 511 628 628 511
Cranleigh Riding for the Disabled Association Group Company Limited by Guarantee Financial Statements for the year ended 31 March 2025 EXPENDITURE ON RAISING FUNDS Unrestricted Restrlcted Total Funds Funds Funds 2025 Total Funds 2024 Shop costs Fundraising costs Bank charges 48 671 35 48 671 35 731 514 60 754 754 EXPENDITURE ON CHARITABLE ACTIVITIES BY ACTIVITY TYPE Rldlng Facllltles Total 2025 Total 2024 Provision of riding facilities Purchase of horses Depreciation 73.721 73,721 71,795 9,000 15,657 15.657 15,657 SUMMARY ANALYSIS OF EXPENDITURE AND RELATED INCOME FOR CHARITABLE ACTIVITIES Providlng Rldlng Opportunitle8 Total 2026 Total 2024 Voluntary donations from riders Provision of riding facilities Purchase of horses 24.249 (73,721) 24,249 (73,721) 20,084 (71,7951 (49,472) 15,657 (49,472) 15,657 (46,907) Depreciation Net expendrture on charitable ath'vities Expenditure on charitsble activiti'es includes Depreciation of £15.657 {2024: £15,657) which is a non- cash item. The underlying (cash) net expenditure is funded by voluntary contributions from riders, fundraising activiti'es (eg the annual sponsored ride), grants and donations. io
Cranleigh Riding for the Disabled Association Group Company Limited by Guarantee Financial Statements for the year ended 31 March 2025 STAFF COSTS AND EMOLUMENTS Total 2025 Total 2024 Totsl staff costs We as follows: Wages and salaries, incl National Insurance and pension 21,342 20.059 Particulars of employees: The average monthly headcount was 1 {2024:1) and the average number of employees during the year. calculated on the basis of full-time equivalents was as follows.. 2025 2024 Number of management staff No employee received remuneration of more than £60,000 during the year {2024: None). 10. TANGIBLE FIXED ASSETS Frnehold Land Freehold BuIldIn Equlpment Motor Vohlcl88 Totsl At 1 April 2024 Additions Disposals At 31 March 2025 79,286 782,862 6.420 872,568 79.286 782,862 6,420 872. Depreclatlon At l April 2024 In Year At 31 March 2025 93.943 15,657 109,6(Y) 6,420 118,020 6,420 116,020 Net Book Valu• At 31 March 2024 At 31 March 2024 79.286 79.286 688,920 673.262 772,205 756,548 11. DEBTORS 2025 2024 Trade debtors Other debtors Prepayments 2.022 1,341 1,341 12. CREDITORS: Amounts falling due within one year li
Cranleigh Riding for the Dlsabled Assoclation Group Company Limited by Guarantee Financial Statements for the year ended 31 March 2025 2025 2024 Trade creditors Short tem loans 1200 13. COMPANY LIMITED BY GUARANTEE The company is incorporated under the Companies Act 1985 and is limited by guarantee, each member having undertaken to contribute such amounts not exceeding £1 as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter. The following page does not form part of the statutory financial statsments which are the subject ofthe independent examinerfs report on Page 4. 12
Cranlelgh Riding for the Disabled Association Group Company Limited by Guarantee Financial Statements for the ear ended 31 March 2025 DETAILED STATEMENT OF FINANCIAL ACTIVITIES This statement does not form part of the ststutory financial st*ments which are the subject of the independent examinerfs report on Page 4. 2025 Unrestrlcted Restricted Funds Funds 2024 Total Funds Total Fund8 Incoma from.. Donations 22,251 2.895 25,146 24.249 24,249 980 11.022 22.251 2,895 25,146 24.249 24,249 34,620 Grants Donation8 and1ogac108 Voluntsry ntribUtionS frcAn riders Charltable activitle8 Shop income Fundraising - Spon80red Ride Fundraising - Other actNit Sale of pony Other activities for generating lunds Other trAdlng actlvltle8 Inve8tments 34,620 20.084 20,084 11.022 11,148 10.302 395 395 14,897 628 1,045 23.561 511 14,897 628 Totsl Income diture Shop costs Fundraising sts Bank charges Ralslng fund• Totsl staff costs Bedding Hay, feed. supplements etc Farrier 64,920 64,920 78,776 731 514 671 671 35 60 754 754 21,342 2.839 1,304 20,059 1.670 5,189 6,058 8,550 4,173 310 21,342 2,839 6,620 13,7 1.832 742 6,620 13,79) 1.832 742 Vet, physio, dentist et¢ Tack and equipment Teaching and training Horse purchases Repairs and maintenan Eleclriclty and Water Insurance and subsixiptions offi expenses Advertising Transport and travel oosts Depreciation of buildings Charltable aetivvties Premises improvements Total EXpendIre 9,OiX) 14,903 4.406 5,093 1,124 191 4.162 4.162 5,056 1,324 1.324 15,657 89.378 15.657 89,378 15,657 97,857 90.132 90,132 97.857 Net Income l (Expendlture) {25.213) {25,213) 118,981) 13