2022-03-31-accounts

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RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) FORMERLY KNOWN AS RIDING FOR THE DISABLED (HOLLESLEY GROUP)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2022

Charity Number: 1127627

Company Number: 06421182

ENSORS ACCOUNTANTS LLP Saxon House Moseley's Farm Business Centre Fornham All Saints Bury St Edmunds Suffolk IP28 6JY

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RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP)

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Year ended 31 March 2022

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|||||| |---|---|---|---|---| |Page| |Charity|Information|1| |Trustees Report|2-5| |Independent|Examiner's|Report|6| |Statement|of|Financial|Activities|7| |Balance|Sheet|8| |Notes to the Financial Statements|9-15|

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RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP)

CHARITY INFORMATION

Year ended 31 March 2022

Charitynumber:	1127627
Companynumber:	06421182
Company secretary:	K Silburn
Trustees/directors:	C Leggett
	J Anderson
	J Leggett
	K Silburn SBleese E Winch	Appointed 9June2022 Appointed 7 July 2022
	S Hammond	Resigned 7 September 2022
Independent Examiner:	Graham Page FCA
	Ensors Accountants LLP
	Saxon House
	Moseley's Farm Business Centre
	Fornham All Saints
	BurySt Edmunds
	IP28 6JY
Bankers:	BarclaysBankUKPLC
Principal and Registered office:	Cedarwood
	Hollesley Road
	Alderton
	Woodbridge
	Suffolk
	IP12 3BB
Investmentmanagers:	PearsonWealthManagementLtd Tuddenham Hall Estate Office
	Tuddenham
	Ipswich
	Suffolk
	IP6 9DD
Accountants:	Ensors Accountants LLP
	Saxon House
	Moseley's Farm Business Centre
	Fomham All Saints
	Bury St Edmunds
	IP286JY

RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) TRUSTEES' REPORT

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For the year ended 31 March 2022

The Trustees (who are also Directors under the Companies Act) present their Report and Accounts for the year ended 31 March 2022. 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 Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective from 1 January 2019.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Riding for the Disabled (Woodbridge & District Group) (the 'Charity') is a company limited by guarantee, governed by its Memorandum of Association and Articles of Association dated 7 November 2007. Administration of Charity

The Charity is administered by the Trustees, who meet regularly to make all managerial decisions.

Key Management Personnel Remuneration

The Trustees consider the board of Trustees as comprising the key management personnel of the charity, who are in charge of directing and controlling the charity and running and operating the charity on a day to day basis.

All Trustees give their time freely and no trustee remuneration was paid during the year.

Recruitment, Appointment and Training of Directors

The Trustees keep under reviaw the composition of the Board, identifying the need for recruitment processes to take place. Trustees are identified by “word of mouth" and knowledge of the Charity. The Trustees will review any potential candidate to ensure they compliment the Charity.

Details of potential candidates are discussed at board meetings prior to inviting any potential new member to join. Newly nominated Trustees are briefed by the existing Trustees and receive background information, annual accounts and minutes of recent meetings upon appointment.

Risk Assessment

The Trustees review the major risks to which the Charity is exposed and ensure that systems are in place to mitigate any risks identified.

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OBJECTIVES, ACITIVITES, ACHIEVEMENTS AND PERFORMANCE

Objectives

The main objective of the Charity is to provide therapeutic riding and carriage driving activities for adults and children with learning and/or physical disabilities to benefit their health and well-being. The Trustees have striven to provide a centre which is fit for purpose, and thank the Chamberlain family for the provision of land at The Bays, Monewden Road, Clopton, together with a long term lease (See Note 15 of the accounts for further details).

The Charity achieves these aims by;

Providing remedial and therapeutic sessions on a daily basis for disabled adults and children from the Ipswich and East Suffolk areas;

Volunteer instructors working closely with health and education professionals to help clients gain the maximum benefit from activities.

RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) TRUSTEES' REPORT (CONTINUED)

For the year ended 31 March 2022

Public Benefit

The Board of Trustees are aware of their duties to ensure activities of the Charity are carried out in the furtherance of its objectives. All the activities are given careful consideration by the Trustees against the Charity Commission's guidance on public benefit.

Achievements and Performance

As a result of the continued global Coronavirus pandemic, the Charity has been limited in its ability to hold fundraising events. This has been offset by an increase in income from charitable activities from £15,177 to £17,724 (Note 2, Page 71).

Despite being limited in its ability to raise funds through fundraising and events, the Charity has seen a large increase in its income from donations and legacies, most notably seeing an increase in grant funding from £69,075 in 2021 to £90,200 in 2022. This grant funding included over £14,000 in respect of loss of income due to Covid. Furthermore, it received £34,000 of match funding during the period from charitable foundations.

Due to the continued impact of Covid-19 restrictions, staff hours had to be increased to cover for volunteers who were unable to assist with the care of the horses, and the staff levels are now at 2. Which has resulted in an increase in staff costs from £31,039 in 2021 to £42,110 in 2022 (Note 5, Page 12).

Despite the continued challenging circumstances, the Trustees are pleased with the Charity's achievements over the past 12 months and this is reflected in the continued positive net movement of funds, which have decreased slightly from net ingoing funds of £43,181 in 2021 to £36,304 in 2022 (Page 7). The Trustees wish to thank the many people who continue to help and support the Charity both financially and with the time that they give.

FINANCIAL REVIEW

Incoming resources of the Charity for the year ended 31 March 2022 were £145,723 (2021: £118,427) (Page 7). The net incoming resources of the Charity for the year ended 31 March 2022 were £35,440 (2021: £36,060) (Page 7).

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As mentioned above, the increase in incoming resources is largely due to an increase in grants awarded during the year. Expenditure on charitable activites have increased due to the staff levels being higher for the year and the increase in horse levels compared to the previous year.

Investment Policy

The Trustees have the power to invest surplus cash as they see fit for the day to day use of the Charity. The Trustees have decided to hoid some reserve balances with its appointed bankers in a combination of current and short term deposit accounts. The remainder of its reserves are held in an investment portfolio managed by third party investment managers; Pearson Wealth Management Ltd. The charity takes account of social, environmental and ethical considerations in selecting its investment policy. This policy will be reviewed as and when market conditions or business requirements change.

During the year the portfolio represented a return of £1,583 (2021: £1,253) (Page 7). The market value of the portfolio at the balance sheet date was £76,166 (2021: £50,811) (Page 7, Note 13).

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RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) TRUSTEES' REPORT (CONTINUED)

For the year ended 31 March 2022

Reserves Policy

The purpose of this policy is to clearly set out the Riding for the Disabled (Woodbridge & Ditrict Group) expectations about safeguarding against any unusual or unforeseen decline in client sessions or charitable donations which might result in the closure of the centre.

To avoid closure if funding difficulties were to occur, includes (but not limited to) adverse weather conditions, equine flu or fire, the Riding for the Disabled (Woodbridge & District Group) Board of Trustees have agreed to keep a certain ievel of financial reserves to ensure that the main operations of the group can continue for a minimum of one year.

The main concerns of the Board are to ensure:

that volunteers and staff can continue to provide activities for clients if feasible;

that volunteers and staff can continue to ensure horse welfare and client participation as soon as the
thatproblem volunteersis concluded; and staff are supported in the pursuit of grant funding and general fundraising;

that in the event of closure the Group can meet any obligations to its staff and landlord.

We have security of fenure with a 12 year Lease which commenced on the 1 January 2018 but there remain ongoing costs relating to the further development of the group's new premises.

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The current funding is secured on a monthly basis, but if difficulties were to arise it has been calculated that reserves of £113,600 would be needed to continue the operational costs for a period of one year. The calculations, based on actual costs incurred or negotiated during our previous year of occupation, are included as an appendix to this policy.

The majority of the reserves have been built up from legacy income. This legacy, bequeathed by Mr John Coles, was ring fenced to fund the continuation of this specific Riding for the Disabled Group and to that end have been held for said purpose.

The level of reserves should be calculated and monitored every four months by the Woodbridge & District Group Director/Trustees.

This policy is reviewed annually or whenever there are significant or unusual changes in activities and donations.

Future Developments

The Trustees will ensure that the Charity will continue to meet its charitable objectives for the foreseeable future, ensuring that a wide range of beneficiaries will continue to benefit from its activities.

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The Charity Trustees (who are also the directors of Riding for the Disabled (Woodbridge & District Group) for company law) are responsible for preparing the trustees’ annual report and financial statements in accordance with the applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Charity Trustees to prepare financial statements 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 the financial statements the Directors are required to:-

Select suitable accounting policies and then apply them consistently;

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RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP)

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TRUSTEES' REPORT (CONTINUED)

For the year ended 31 March 2022

STATEMENT OF TRUSTEES’ RESPONSIBILITIES (CONTINUED)

Observe the methods and principles in the applicable Charities SORP;

Make judgements and estimates that are reasonable and prudent;

State whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the Financial Statements; and

Prepare the Financial Statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation.

The Trustees are responsible for keaping proper accounting records which disclose with reasonable accuracy the financial position of the company and which enable them to ensure that the Financial Statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved on behalf of the board on..... 46 || LL...

C Leggett Trustee

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP)

For the year ended 31 March 2022

| report to the Charity Trustees on my examination of the accounts of Riding for the Disabled (Woodbridge & District Group) ("the Company") for the year ended 31 March 2022.

Respective Responsibilities of Directors and Examiner

As the Charity Trustees of the 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 company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ("the 2011 Act"). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

(1) accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or (2) the accounts do not accord with those records; or (3) the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
(4) the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial reporting Standard applicable in the UK and Republic of Ireland (FRS 102),

| 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.

Graham Page Date

Ensors Accountafits LLP Saxon House Moseley's Farm Business Centre Fornham All Saints Bury St Edmunds IP28 6JY

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RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP)

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STATEMENT OF FINANCIAL ACTIVITIES

(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)

For the year ended 31 March 2022

		Unrestricted	Restricted	Year Ended	Year Ended
		Funds	Funds	2022	2021
	Notes	£	£	£	£
Income and endowments from:
Donations and legacies		44,478	70,080	114,558	98,291
Othertrading activities		29,582	-	29,582	18,883
Investments Totalincome	2	1,583 75,643	- 70,080	4,583 445,723	1,253 118,427
Expenditure on:
Charitable activities		90,860	19,423	110,283	82,367
Total expenditure	3	90,860	19,423	110,283	82,367
Net income/(expenditure)		(15,217)	50,657	35,440	36,060
Investments
Unrealised gain/(loss) on revaluation		864	~	864	7,121
Transferbetweenfunds	11	-	~	-	-
Netmovement inFunds		(14,353)	50,657	36,304	43,181
Reconciliation ofFunds:
Total Funds Brought Forward		98,749	1,106,103	1,204,852	1,161,671
TotaiFundsCarriedForward	11	84,396	1,156,760	1,241,156	1,204,852

The Statement of Financial Activities included all gains and losses recognised in the year. All income and expenditure derives from continuing activities.

The notes on pages 9 to 15 form part of these financial statements.

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RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) BALANCE SHEET

As at 31 March 2022

		Total	Total
		2022	2021
Fixed assets	Notes	£	£
Tangible assets	6	1,078,193	1,079,506
Investments	7	76,166	50,811
Current assets		4,154,359	1,130,317
Stocks	8	16,110	7,384
Debtors	9	3,687	2,193
Cash atbankand in hand		84,047	67,744
		103,844	77,321
Liabilities
Creditors: Amounts falling due within one year	10	17,047	2,786
Netcurrentassets		86,797	74,539_
Total netassets	11	1,241,156	1,204,852
TheFundsoftheCharity:
Unrestricted Funds		81,631	95,985
Restricted Funds		4,159,525	1,108,867
	12	1,241,156	1,204,852

These accounts are prepared in accordance with provisions applicable to companies subject to small companies’ regime. The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its incoming resources and application of resources for the financial year, including its income and expenditure, in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.

The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved and signed on behalf of the board on.....& 6]sjoa

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C Leggett AY
Trustee
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Company Number - 06421182

The notes on pages 9 to 15 form part of these financial statements.

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RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

1) Accounting policies

Riding for the Disabled (Woodbridge & District Group) (company number: 1127627) is a private company limited by guarantee incorporated in the United Kingdom. The charity's registered office is Cedarwood, Hollesley Road, Alderton, Woodbridge, Suffolk, IP12 3BB.

These Financial Statements have been prepared in accordance with applicable accounting standards and under the historical cost convention. The Financial Statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities applicabie to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of ireland (FRS 102) effective from 1 January 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Companies Act 2006 and the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. The Trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern. The Trustees have reached this conclusion based on the Charity's Reserves Policy, which demonstrates that the Charity has sufficient reserves to continue its operational costs for the period of one year from the date the accounts are approved. .

Incoming resources All income is recognised once the charity has entitlement to the income, there is sufficient certainty of receipt and so it is probable the income will be received, and the amount of income can be measured reliably.

Voluntary Income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable.

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Incoming resources from Charitable Activities are accounted for when earned.

Donated professional services and donated facilities are recognised as income when the charity: has control over the item, and conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time is not recognised and refer to the trustees’ annual report for more information about their contribution.

On receipt, donated professiona! services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Resources expended

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis.

Expenditure relating to restricted and unrestricted activities have been apportioned between the two on an activities basis according to income. Irrecoverable VAT Irrecoverable VAT is charge against the expenditure heading for which it was incurred.

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RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

For the year ended 31 March 2022

1) Accounting policies (Continued)

Fund accounting

Unrestricted Fund - This; fund is to be used at the discretion of the Trustees in furtherance of the general

Restricted Fund - This fund is for the purpose of rebuilding and relocation to the new site at Clopton.

Tangible fixed assets

Property Improvements are shown in the financial statements at cost. Expenditure incurred in respect of the building works at Clopton are depreciated at 2% on a straight line basis.

Plant and machinery is included within the accounts at cost. The assets included within this poo! are depreciated at 20% on the reducing balance basis.

Stocks

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Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are values at the amount prepaid after taking account of any trade discounts due.

Cash at bank and In hand

Cash at bank and cash in hand includes cash and short term liquid investments.

Creditors

Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due fo settie the obligation can be measured reliably. Creditors are normally recognised at their settlement amount after allowing from any trade discounts due.

Pension commitments

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. The assets of the scheme are held separately from those of the company. Contributions are paid as they fall due.

Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measures at their market value.

Accounting estimates and judgements

In the preparation of the financial statements, no material judgements, estinates and assumptions have been made that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year, with the exception of depreciation as detailed above.

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RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

For the year ended 31 March 2022

2) Analysis of Incoming resources

	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	Funds	Funds	2022	Funds	Funds	2021
	£	£	£	£	£	£
Donations and legacies
Gift Aid	2,070	-	2,070	1,035	-	1,035
Grants	20,140	70,060	90,200	28,853	40,222	69,075
Donations	22,268	20	22,288	19,570	8,611	28,181
	44,478	70,080	114,558	49,458	48,833	98,291
Othertrading activities
Charitable activities	17,724	-	17,724	15,177	-	15,177
One Lottery	4,096		4,096	375		375
Horse sale	-	-	-	-	-	-
Merchandise	469	-	469	-	-	-
Anglia Lotteries	10,293	-	10,293	3,331	-	3,331
	29,582	-	29,582	18,833	-	18,883
Investment Income
Deposit account interest	2	-	2	3	-	3
Dividend income	820	-	820	495	-	495
Otherinvestmentincome	761	-	761	755	-	755

The Charity benefits greatly from the involvement and enthusiastic support of its many volunteers, details of which are given in our annual report. In accordance with FRS 102 and the Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the accounts.

3) Analysis of resources expended

Expenditure on:	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	Funds	Funds	2022	Funds	Funds	2021
	£	£	£	£	£	£
Charitable activities
Animal feed& bedding Vetandfarrier Merchandise Otheroperatingleases Insurance	6,406 13,137 465 6,275 3,227	- - - - -	6,406 13,137 465 6,275 3,227	4,518 5,772 - 6,000 2,888	- - 7 - -	4,518 5,772 - 6,000 2,888
Premises costs	7,964	.	7,964	5,367	-	5,367
Sundries	2,104	-	2,104	886	-	886
Training	447	-	447	-	-	-
Repairs Wages,etc	5,941 42,110	- -	5,941 42,110	3,814 31,039	723 -	4,538 31,039
Accountancy Transport	426 -	- -	426 “	414 6	- -	414 6
Bank charges	16	-	16	-	-	-
Commission	288	-	288	219	-	219
Depreciation	2,054 90,860	19,423 19,423	21,477 110,283	1,153 62,077	19,567 20,290	20,720 82,367

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RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

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For the year ended 31 March 2022

4) Net Incoming resources are stated after charging:

4)	Net Incoming resources are stated after charging:charging:
		2022	2021
		£ £

	Depreciation	20,345	20,720
	Independent Examiner's fee	426	414
		20,771	21,134
5)	Analysis of staffcosts and numbers
		2022	2021
		£	£
	Salaries andwages	26,894	17,108
	Social securitycosts	1,846	1,479	!
	Employers contribution to Defined BenefitSchemes	1,185	825
	Yard management	12,185	11,627
		42,110	31,039

No employees had emoluments in excess of £60,000 (2020: 0 employees).

The average monthly head count was 2 member of staff (2021: 1).

The Charity's Trustees were not paid and did not receive any other benefits from employment during

6) Tanglble assets

Tanglble assets
	Property improvements £	Plantand machinery £	Total £
Cost at1April 2021	4,101,005	24,873	1,125,878
Additions	14,503	5,661	20,164
Disposals	:	-	_—"
Cost at 31 March 2022	1,115,508	30,534	1,146,042
Depreciation at 1 April2021	34,794	11,578	46,372
Depreciation charge	17,687	3,790	21,477
Depreciation on disposals Depreciation at 31 March 2022	: 52,481	- 15,368	_—- 67,849
Net book value at 31 March 2022	1,063,027	15,166	1,078,193
Netbookvalueat31March2021	1,066,211	13,295	1,079,506

RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

For the year ended 31 March 2022

7) Fixed asset investments

		Market			Unrealised	Market
		Value	Additions /		Gains /	Value
	Cost	01/04/2021	(Disposals)		(Losses)	31/03/2022
UK listed investments	70,000	46,707		27,526	4,543	75,776
Foreign listed investments	“	4,104		(3,940)	226	390
	70,000	50,811		23,586	1,769	76,166
The foliowing individual	investments held represent more			than5% of	the portfolio:-
						Market
						Value
						31/03/2022
Quantity	Investment					£
1,736	Waverton Absolute Return Fund					17,342
1,316	Waverton Real Assets Fund					14,605
2,012	Waverton Sterling Bond Fund					20,074
1,177	WavertonStrategicEquityFund					22,730

Current asset investments are stated at market value with any surplus or deficit being accounted for through the Statement of Financial Activities as realised surplus or deficit. The departure from the Companies Act requirement to show current assets at the lower of cost or net realisable value is justified in order to show a true and fair view.

8) Stocks

8) StocksStocks
	2022	2021
Cost ofhorses	42,050	5,050
Feed and bedding in stock	1,022	1,432
Tack and other sundries	3,038	902
	16,110	7,384
9) Debtors
	2022	2021
Prepayments and accrued income	3,687	2,193
10) Creditors (Amounts falling due within one year)
	2022	2021
Trade creditors	17,047	2,186
Other creditors	-	-
	17,047	2,786

RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

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For the year ended 31 March 2022

11) Movement of funds

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |B/F|at|Incoming|Resources|CIF|at| |01/04/2020|resources|expended|Transfers|31/03/2021| |£|£|£|£|£| |Unrestricted Funds|84,111|76,715|(62,077)|-|98,749||| |Restricted Funds|1,077,560|48,833|(20,290)|-|1,106,103||| |1,161,671|125,548|(82,367)|-|1,204,852||| |B/F|at|Incoming|Resources|CIF|at| |01/04/2021|resources|expended|Transfers|31/03/2022| |££| |Unrestricted|Funds|98,749|76,507|(90,860)|-|84,396||| |Restricted|Funds|1,106,103|70,080|(19,423)|-|1,156,760| |1,204,852|146,587|(110,283)|-|1,241,156| |Unrestricted|Fund-|This fund fund|is|to be used be used used|at the the|discretion|of the Trustees the Trustees Trustees|in furtherance furtherance|of the the|general||| |objectives|of the the|Charity.| |Restricted|Fund|-|This fund|covers the following:|||

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Unrestricted FundThis fund fund is to be used be used used at the the discretion of the Trustees the Trustees Trustees in furtherance furtherance of the the general objectives of the the Charity.

Restricted Fund -

The purpose of rebuilding and continual improvement fo the new site at Clopton; > Specific projects as indentified on an individual basis; and > The new horse walker.

The new fencing

Transfers

Transfers from the Unrestricted Fund represent the Charity's own contribution towards ongoing projects.

12) Analysis of net assets between funds

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |Current financial|year|Tangible|Net assets/| |assets|Investments|—(liabillties)|Total| |£|£|£|£| |Unrestricted|Funds|11,502|76,166|(6,037)|81,631| |Restricted|Funds|1,066,691|-|92,834|4,159,525| |1,078,193|76,166|86,797|1,241,156| |Previous|financial|year|Tangible|Net assets/| |assets|Investments||(liabilities)|Total| |£|£|£|£| |Unrestricted|Funds|7,896|50,811|37,278|95,985| |Restricted|Funds|4,071,610|-|37,257|1,108,867| |1,079,506|50,811|74,535|1,204,852| |eee|TN|

----- End of picture text -----

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| |

RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

For the year ended 31 March 2022

13) Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable gains Act 1992 to the extent that these are applied to its charitable objects.

14) Related party transactions

During the year £nil was donated to the Charity by a Trustee (2021: £120).

| |

During the year, an entity to which the Charity is closely connected paid sponsorship of £nil (2021: £890).

During the year £570 was paid by a Trustee for use of a horse (2021: £600).

15) Commitments

The charity is committed to paying £6,275 per annum in relation to an operating lease.

At the balance sheet date the charity was committed to making a payment of £6,275 within the next financial year in regard to this.

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CONTENTS

CHARITY INFORMATION

For the year ended 31 March 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Key Management Personnel Remuneration

Recruitment, Appointment and Training of Directors

Risk Assessment

OBJECTIVES, ACITIVITES, ACHIEVEMENTS AND PERFORMANCE

Objectives

The Charity achieves these aims by;

RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) TRUSTEES' REPORT (CONTINUED)

Public Benefit

Achievements and Performance

FINANCIAL REVIEW

Investment Policy

RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) TRUSTEES' REPORT (CONTINUED)

Reserves Policy

Future Developments

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

TRUSTEES' REPORT (CONTINUED)

STATEMENT OF TRUSTEES’ RESPONSIBILITIES (CONTINUED)

TT

Respective Responsibilities of Directors and Examiner

Independent Examiner's Statement

STATEMENT OF FINANCIAL ACTIVITIES

(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)

RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) BALANCE SHEET

Company Number - 06421182

RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) NOTES TO THE FINANCIAL STATEMENTS

1) Accounting policies

Resources expended

1) Accounting policies (Continued)

Fund accounting

Tangible fixed assets

Stocks

Debtors

Cash at bank and In hand

Creditors

Pension commitments

Financial instruments

Accounting estimates and judgements

RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

2) Analysis of Incoming resources

3) Analysis of resources expended

4) Net Incoming resources are stated after charging:

6) Tanglble assets

7) Fixed asset investments

8) Stocks

11) Movement of funds

Restricted Fund -

Transfers

12) Analysis of net assets between funds

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

13) Taxation

14) Related party transactions

15) Commitments