',RDA. RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) FORMERLY KNOWN AS RIDING FOR THE DISABLED (HOLLESLEY GROUP) FINANCIAL STATEMENTS FOR THE YEAR'ENDED 31 MARCH 2025 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
RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) CONTENTS Year ended 31 March 2025 Page Charity Information Trustees Report Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 9-15
RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) CHARifrf INFORMATION Year ended 31 March 2025 Chanty number: 1127627 Company number. 06421182 Company secretary: K Silbum Trusteesjdirectors: J Anderson J Leggett K Silbum S Bleese C Daldy C Farrant M A Erwin Resigned 26 September 2024 Appointed 17 January 2025 Independent Examiner Graham Page FCA Ensors Accountants LLP Saxon House Moselerfs Farm Business Centre Fornham All Saints Bury St Edmunds IP28 6JY Bankers: Barclays Bank UK PLC Principal and Registéred office: The Bays Monewden Road Clopton Woodbridge Suffolk IP13 6QL Investment man Jers: Pearson Wealth Management Ltd Tuddenham Hall Estate Office Tuddenham Ipswich Suffolk IP6 9DD Account Ensors Accountants LLP Saxon House Moseley's Farm Business Centre Fornham All Saints Bury St Edmunds IP28 6JY
RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) TRUSTEES. REPORT For the year ended 31 March 2025 The Trustees (who are also Directors undef the Companies Act) present their Reporl and Accounls lor lh8 year ended 31 March 2025. The Finanual Statements comply with the Charities Act 2011, the Compani85 Act 2006, Ihe Memorandum and Articles ol Assooatson. and Accounting and Reporling by Charilies. Slalemenl ol Recommended Practice applicable to charilies pparIng Iheir accounts In occordance wilh Ihe Financial Reporting Slandard applicable In the UK and Republic of Ireland (FRS 102) effedive from 1 J8nuary 2019. STRUCTURE, GOVERNANCE AND MANAGEMENT Riding lor the Disabled (Woodbndge & District Group) (the 'Charity') Is a company limited by guarantee. governed by Its Memorandum of Assooation and Articles of Associalion daied 7 November 2007. Admlnlstration of Charity The Charity is administered by the Truslees, who meet regularly to make all managerial decisions. Key Management Personnel Remuneratlon The Trustees consider board of Trustees as comprising the key management personnel of the charity, who are In charge of directing and Controlling Ihe chanty and running and operating the charity on a day to day basis. All Truslees give their tme freely and no truslee remuneration was pald during Ihe year. Recruitment, Appolntrnent and Tralnlng of Dlrectors The Trustees keep urvjer review the composition of the Board, identifying the need for recruitmenl processes to tske place. Trustees are Idenlified by 0rd of mouth" and knowledge of the Charity. The Trustees will review any potential candidate to ensure they compliment the Charity. Details of potential candidales are discussed at board meetings prior to inviting any potenlial new mernber to join. Newly nominated Trustees are briefed by the existing Trustees and receive background Information, annual accountE and mirwtes of recent meetings upon appointment. Rosk AJvsessmeni The Trustees reyiew the major nsks to which the Charity is exposed and ensure that systems are in place to mitigate any risks identified. OBJECTIVES, ACITIVITES, ACHIEVEMENTS AND PERFORMANCE Objectlves The main objec with leaming a centre which I Road, Clopto ie of the Chanty is to provide therapeutic riding and carrlage dnving aclivities for adults and children lor physical disabilities to benefit their health and well-being. The Trustees have stnven to provide a rit for purpose, and thank the Chamberlain family for the provision of land at The Bays, Monewden together with a long term lease (See Note 15 of the accounts for further details). The Charity 'hieves these aims by;
Pro ding rerriedial and therapeutic sessions on a daily basis for disabled adults and children from the Ipswich and Jst Suffolk areas: Erployed and volunteer Instructors working closely with health and education professionals lo help clients gai Ihe maximum benefil from activities.
RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) TRUSTEES. REPORT (CONTINUED) For th• year •nd•d 31 March 2025 Public Benefll The Board of Trustees are aware of their dutie5 to ensure activilies of the Charity are carried oul In Iho lurtherance of Its objectives All the activities are given careful consideration by the Trustees against Ihe Charity Commission's guidance on public benefit. Achievements and Performance The total level of Incoming resources remained fairly slrong but did decrease compared to Ihe previous year. The level of funds CeNed from fundraising events was fairly static during the year, apart from Anglia Lotteries which dropped back down lo similar levels seen previously (Note 2. Page 11). Further to the Increased incoming resources from donalions and legacies seen this year, the Charity has seen a continuation of this as donations were pretty consistent with a small drop in the year from £65.520 In 2024 to £64,887 in 2025. The small drop in donations was counteracted by a signicanl increase in grants for the year, up from £95.315 In 2024 to £317.341 In 2025 Due to a continuation In the lack of available assistance from volunteers, we conlinue to employ a number of pemianent members of staff dunng the year to assist wilh the care of the horses. and the staff levels are currently at 6, although some temporary staff were also utilised. This has resulted in an increase in staff costs from £96,936 in 2024 10 £111,538 in 2025. (Note S, Page 12). Dunng the year the Charity made he decision to purchase another new horse -"Sonnf - to provide furlher resources for the Charity. The cosl of the new horse is held within stocks (Note 8. Page 13). The Charity has continued to be irrpacted by the hlgher costs incurred, premises costs decreased slightly from £11.097 in 2024 to £10,250 in 2025. although still significantly higher than previous years. as well as seeing significant increase costs across other expenditure including animal feed and vet fees. The Trustees are pleased wlh the C.harity's achievements over the past 12 months even with the ever increasing costs. The net movement in funds hai continued to be positive, increasing from £11.307 in 2024 to £195.184 in 2025 (Page 7), which Is very encouraging Bnd mainly due to the additional grants received in the year. The Trustees wish to thank the many people who continje to help and support the Charity both financially and with the time that they give. FINANCIAL REVIEW Incoming resources of the Charity for th nel Incoming resources of the Charity fo , year ended 31 March 2025 were £412,535 (2024: £193,667) (Page 7). The the year ended 31 March 2025 were £193.336 (2024. £7,914) (Page 7). As mentioned above, the increasé in in which has signifcantly helped with the encouraging and pleasing result than th ming resources is largety due to the large grants received during the year. ver increasing expenditure on chantable activities, overall giving a very of the previous year. Investment Policy The Trustees have the powe." to Inve surplus cash as they see fit for the day to day use of the Charity. The Trustees have decided to hold Fom8 r$erve balances with its appointed bankers in a combination of current and short term deposit accounts. Tne rertiainjer of its reserves are held in an investment portfolio managed by third party Investment managers; Pearsop Iveiith Management Ltd. The charity takes account of social, environmental and ethical considerations in seleGing it In*stment policy. This policy will be reviewed as and when market conditions or business requirements chjnge. During the year the porrf)lio rep9nted a retum of £5,633 (2024. £2,127) (Page 11). The market value of the portfolio at the balance iheet datqwas £74,757 (2024: £72,909) (Note 7. Page 13).
RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) TRUSTEES. REPORT (CONTINUED) For the year ended 31 March 2025 Reserves Policy The purpose of this policy Is to clearly set out Ihe Riding for Ihe Disabled (Woodbridge & Dislricl Group) expectation9 at)out safeguarding against any unusual or unforeseen decline In client sessions or chanlable donalions which mighl result In the closure of the cenlre. To avoid closure If funding difficulties were to occur, includes (but not limited to) adverse wealher condilions, equine flu or (Ire, Ihe Riding for the Disabled ('Noodbndge & Distn'ct Group) Board of Trustees have agreed lo keep a certain level of financial reserves to ensure that the main operations of the group can continue for a minimum of one year. The main concems of the Board are to erGure:
that volunteers and staff can continue to provide activities for cllents If feasible; that volunteers and staff can continup to ensure horse welfare and cllent participation as soon as the problem Is concluded, that volunleers and staff are supported In the pursuit of grant funding and general fundraising; Ihat in the event of closure the Group can meet any obligations to staff and landlords. We have security of tenure with a 12 year Lease which commenced on the 1 January 2018 bul there remain on- going costs relating to the further development of Ihe group's new premises, The current funding is secured on a monthly basi& bul If difficulties were to arise It has been calculaled Ihat reserves of £151,879 would be needed to continue the ope4itional costs for a period of one year. The calculations, based on actual costs Incurred or negotiated dunng our previoijs year of occupation, are Included as an appendix to this policy. These reserves have been built up in part from lega(¥' income. This legacy, bequeathed by Mr John Coles, was nng fenced lo fund the continualion of Ihis specific Riding F r the Disabled Group and to that end have been held for said purpose., The level of reserves should be calculated and monitor1 every four months by the Woodbridge & District Group Directorrrrustees. This policy is reviewed annually or whenever there are signil12nt or unusual changes in activities and donations. Future Developments The Trustees will ensure that the Charlty will continue to meei Its charitable objectives for the foreseeable future. ensuring that a wide range of beieficiaries will continue to benery from its actlvities. STATEMENT OF TRUSTEES, RESPONSIBILITIES The Charity Trustees (who are als): tkie directors of Riding fortne Disabled (Woodbridge & District Group) for company law) are responsible for pieparing the trustees, annual r4)ort and financial statements in accordance with the applicable law and United Ki,-sYom Accounting Standards Iuiiited Kingdom Generally Accepted Accounting Practice). Company law requires the Charity -rustees lo prepar9, financial stat)entS for each financial year which give a true and fair view of the state of affa,f. of the charitable company and cf the incoming resources and application of resources, including the income 2rJ expenditure, of the charitable coiipany for the year. In preparing the financial statements the Directors are requird to:. Select suitable accounting plicies and then apply them consistertly;
RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) TRUSTEES. REPORT (CONTINUED) For the year ended 31 March 2025 STATEMENT OF TRUSTEES. RESPONSIBILITIES (CONTINUED)
Observe the methods and pnnciples in Ihe applicable Charities SORP, Make Judgemenls and es:imates that are reasonable and prudent: State whether applicable accounting standards have been followed, subject to any deparlures disclosed and explained In the Financial Statements. and Prepare the Financi31 Statements on the going concem basls unless it is inappropriate to presume that the Chanty will continue In operation. The Trustees are responsitle for keeping proper accounting records which disclose with reasonable accuracy the finanual position of the cornpany and which enable them to ensure that the Financial Statements comply with Ihe Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prentIOn and deteclion of fraud and olher irregularities. The Trustees are responsibe for the maintenance and integnty of the charity and financial information included on the charitvs website in a¢cordance wilh legislation in the United Kingdom goveming the preparation and dissemination of financial st#,oments. This report has been prepai,d in accordance with the provisions applicable to companies entilled to the small companies exemption. This report was approved on PEhalf of the board on. C Daldy Trustee
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) For th• year ended 31 March 2025 I report lo the Chanty Trustees on my examination of the accounts of Riding for the Disabled (Woodbridge & Districl Group) ("Ihe Company") for Ihe year ended 31 March 2025. Respective Responslbllltles of Dlrectors and Examlner As Ihe Chanty Trustees ol the Company (and also its directors for the purposes of company law) you are responsible lor the preparation of the accounts in accordance with the requirements of Ihe Companies Act 2006 ("the 2006 Act"). Having satisfied myself thal the accounts of the 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 Charilies Act 2011 ("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 Examlner's Sta13ment I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: (1) accounting records were noi kept in respect of the Company as required by section 386 of the 2006 Act: or (2) the accounts do not accordwith those records. or (3) the accounts do not cornplj with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accoLnts give a 'true and fair view which is not a matter considered as part of an Independent examinatson; or (4) the accounts have not beep 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 withthe Financial reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have conp across no other matters in connection with the examination to which attentson should be drawn in this report in o r to enable a proper understanding of the accounts to be reached. Graham Page FCA Date Ensors Accountants LLP Saxon House Moseley's Farm Business Cent Fomham All Saints Bury St Edmunds IP28 6JY
RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) For the year ended 31 March 2025 Year Ended 2025 Year Ended 2024 Unrestrlcted Funds Re5trlcted Funds Notes Income and endowments from: Donations and legacies 196,428 185,800 382,228 162,092 Other trading activities 23,024 23,024 29,448 Investments 7,283 7,283 2,127 Total income 226,735 185,800 412,535 193,667 Expenditure on: Chantable activities 195,523 23,676 219,199 185,753 Total expenditure 195,523 23,676 219,199 185,753 Net Incomel(expenditure) 31,212 162,124 193,336 7,914 Investments Unrealised gain1(ls) on revalualion Realised gainl(los4 on disposals 11 1,914 (66) 1,914 (66) 3,405 (12) Transfer between funds Net movement in Fund 33,060 162,124 195,184 11,307 Reconciliatlon of Fund Total Funds Brought Fo ard 209,852 1,071,862 1,281,714 1.270,407 Total Funds Carried F ard 11 242,912 1,233,986 1,476,898 1,281,714 The Statement of Finan 31 Activities included all gains and losses recognised in the year. All income and expen re derives from continuing activities. The notes on pages 0 15 form part of these financial statements.
RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) BALANCE SHEET As at 31 March 2025 Total 2025 Tolal Notes Fixed assets Tangible assets Investmenls 1,068,011 74,757 1,037,928 72,909 1,142,768 1,110,837 Current assets Stocks Debtors Cash at bank and In hand 24,271 4,638 309,036 20,517 9,584 143,747 337,945 173,848 Liabilitles Creditors Amounts falling due within one year 10 3,815 2,971 Net current assets 334.130 170,877 Total nel assets 11 1,476,898 1.281,714 The Funds of the Charlty: Unrestrlcted Funds 242,912 209,852 Restrlcted Funds 1,233,986 1.071,862 12 1.476,898 1.281.714 These accounts are prepared in aCCordce with provisions applicable to companies subject to small companies, regime. The directors acknowledge their responsibilc'es for ensuring that the company keeps accounling records which comply with section 386 of the *.ct and for prekiring accounts which give a true and fair view of the state of affairs of the company as at the end of the financial yeai. and of its incoming resources and application of resources for the financial year, including Its income and expenditufy in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of tts Companies Act 2006 relating to accounts, so far as applicable to the company. The company was entitled to exemption from audit Jnder section 477 of the Companies Act 2006 relating to small companies. No members have required the compani to obtain an audit of Its accounts for the year In question In accordance with section 476 of the Companies acl 20eL>. The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with rL',pect to accounting records and the preparation of accounts. Approved and signed on beialf of the board on . C Daldy Trustee Company Numblf - 06421182 The notes on rjges 9 to 15 form pa'rt of these financial stateTr.ents.
RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP NOTES TO THE FINANCIAL STATEMENTS For the year •nded 31 March 2025 1) Accounting pollcles RKling for Ihe Disabled (Woodbndge & Dislncl Group) (company number 1127627) Is a priv3t8 company Iimiled by guaranlee Incorporated In the United Klngdom The chaflty's regislored office Is The Bays, Mon8wden Road, Cloplon, Woodbnd9e, Suffolk, IP13 6QL, These Financial Statemenls have been prepared In 8ccordanc8 With applicable accounllng standards and under the hislortsl cosl convention. The Fin£Jncial Statements have been prepared in accordance wlh Ihe Slalement ol Recommended Praclte. Accounting and Reporling by Charities applicable lo charilies prepanng Iheir acxounts In accordance with Ihe Financial Reporting Standard applicablo In the UK and Ropublic ol Ireland (FRS 102) effeclNe from 1 January 2019. the Finanaal Reporling Standard applicable In Ihe UK and Republic ol Iieland (FRS 102). the Companies Acl 2006 and the Chanties Acl 2011. The chanty constitthes a public benefit enbly as defined by FRS 102. The Trustees consider Ihat Ihere are no material uncert3inlies about Ihe Chanvs ability lo continue as a going concorn. The Trustees hav8 reached this conclusK)n based on the Ch8rfVs Reserves Policy, whlch demonslrates that the Charity has suffiuent reserves lo continue Its operational costs for the penod of one year from Ihe date Ihe accounts are approved. Incomlng resourc•s All Income Is recognised once the charity has enlitlement to the incorne, Ihere Is sufficienl certainty of receipt and so il Is probable Ihe Income will be received. and the 8mount of Income can be measured reliabty. Voluntary Income is received by way ol granls, donations and gifts and Is included In full In Ihe S13t8ment ol Financial Activities when recevable Incoming resources trom Charitable Activilies are accounted for when eamed. Donaled prolessional>ervices and donated facililies are recognlsed as Income when the charity has control over Ihe Item. and cond¢ions &sociated wilh the donated Item have been met. the receipt ol econornic benefit from the use by the charity ol the iter Is probable and that economic benefil can be measured reliably. In accordance with the Chanties SORP (FRS 102), Ihe general volunteer time is nol recognised and refer to the Irustees. annual rert lor more Information abots, •.heir conlnbution. On receipt, donaled pr¢essional services and donated facilities are recognised on the basis of Ihe value of the gift to Ihe charity which li the mount the chanty would have been willing to pay to obtain services or facilities of equNalent economic benefit on t open market; a corresponding amount is Ihen recognised in expenditure in the penod of receipt. Resources expended Liabilities are recognis that expenditure, It Is reliably All expenditur as expenditure as soon as there Is a legal or constructive obligation committing the chanty to )bable that settlement will be required and the amount of the obligatn can be measured accounted for on an accruals basis. Expenditure relating t basis according to in !stricted and unrestncted activities havft been apportloned between the two on an actsvil Irrecoverable VAT Irrecoverable VAT Is arge against the expenditure heading for which Il was Incurred.
RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) For the year •nd•d 31 March 2025 11 Accountlng pollcles (Contlnu•d) Fund accountlng Unrestncted Fund - Thls lund is to be used 81 th8 dlscrotion ol the Trustoos In lurtherance ol Iho gen8ral obJ8ctlveg 01 the Chanty Restnclod Fund - This furKI ts lor th8 purpose ol spocific projects a5 Indonlified on 8n Individual basls, Tanglblo flxed assets Property Improvoments ar8 shown in Ihe financlal statements at cost Expenditur8 Incurred in respecl ol Ihe buildiry works at Cloplon are deprooaled al 2•A on a straight line basis. Plant and machinery Is Included wilhin Ihe 8ccounts al cosl. The assets Included withln thls pool are deprociated at 20°A on Ihe reducing babnce basis., Stocks Stocks are valued at lower ol cost and nel realisablo valuo, 8ft8r making dijo allowance for obsolete and slow moving items Debtors Trade and olhor debtors are recognised al Ihe seltlement arnount due after any trade discount offered Prepayments are values at the amounl prepald after taking account of any trade discounts due, Cash at bank and In haid Cash 3t bank and cash In land includes cash and short temi liquld Investrnents. Creditors Creditors are recognised ere the charity has a present obligation resulting from a past evenl that 11 probabty r8suft In the transfer of lunds lo alhird party and the amounl due to setue Ihe obligalion can be measured reliabty. Creditors are nomially recognised al treir seltlement amount after allowing from any trade discounts due. Penslon commitments Paymenls to defined C0ntnb10n relirement benefit schemes are charged as an expense as they fall due. The assets of the scheme are held separytely from those of the company. Conlnbutions are paid as they fall due. Flnanclal Instrurnents The Chanty onty has financialiLssets and financial Iiabililies ol a klnd Ihat qualify as basic financlal instruments. Basic financlal Inslruments are Initiatr recognised at transaclion value and subsequently rneasures at Iheir market value. Accounting estimates and Iggements In the preparation of the finarial statements, no material Sudgements. estimates and assumptions have been made that affecl the a*naunts report for assets and Ilabilities as at the balance sheet date and the amounts reported for revenues and exppnses durin ie year, wilh the exception of depreciation as detailed above, 10
RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) For th• y•ar •nded 31 March 2025 2) Anatysls of Incomlng resources Incom• from: 2025 Unr•strlct•d Reglrlcted Fundg Funds 2024 Re•trlcl•d Funds Total 2025 Unre•trlct•d Funds Total 2024 Donatlons and l•gacles Gift Aid Grants DonatM)ns 1257 84,571 65,520 151,348 1.257 95.315 65,520 162,092 131,541 64.887 196.428 185.800 317,341 64.887 382,228 10,744 185.800 10.744 Other tradfjng activitles Chantable actrvities One Lottery Merchandise Anglian Lotlenes 15,047 1,405 15,047 1.405 13.517 1,219 742 13.970 29.448 13.517 1.219 742 13,970 29,448 6.128 23,024 6,128 23,024 Investment income Renlal Income Oeposit account inlerest Diwdend Income Other Investment income 1,650 3,656 1,614 363 7,283 1,650 3,656 1,614 363 7,283 302 1.081 744 2,127 302 1.081 744 2.127 The Charity benefits greatly from Ihe inv.Ivement and enthusiastic support ol its many volunteers. delails of which are given in our annual report In accordance with FRS t2 and the Chanties SORP (FRS 102), the economic contnbution of general volunteers ' not recognlsed In the accounts. 3) Anatysls of resources expended 2025 Unr?tricted Restricted Funds 2024 Unrestricted Restricted Funds Funds Expenditure on: Total 2025 Total 2024 Charitable activities Animal feed & bedding Vet and famer Merchandise Other operating leases Insurance Premises cosls Sundries Training Repairs wages.elc Accountancy and so1fv4G Transport Commission Depreciation 2.286 8.741 1.927 6.000 4,677 0.250 4,927 1,757 9,252 11.536 2,484 238 396 1.052 195,523 22,286 18,741 1,927 6,000 4,677 10,250 4,927 1,757 12,661 111,536 2,484 238 396 21.319 219,199 13,089 13,524 626 6,275 3,993 11,097 4.304 2,125 10,185 96,936 671 650 387 1.315 165,177 13.089 14.256 626 6275 3,993 11.097 4,304 2,125 11.089 96,936 671 650 387 20.255 185.753 732 3,409 20.267 23,676 18.940 20.576 11
RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) For th• year •nd•d 31 March 2025 4) Nel éncomlng r•source• ar• •tated after charglng: 2025 2024 Deprecialion Independent Ex3minerfs fee 21,319 475 21,794 20,255 450 20,70S 5) Anatysls of staff costs and numbers 2025 2024 Salaries and wages Social Security costs Employers contribution to Oefined Benefil Schemes Yard management 84.559 6,071 3,611 17,295 111,536 75,000 3,404 3,299 15.233 96,936 No employees had emoluments In excess 01 £60,000 (2024., 0 employees). The average monthly head count wes 6 nk3mbers of staff (2024. 6) The Charily's Trustees were not paid did not receive any other benefits from empk>ymenl during the current or prevK)US financial year 6) Tanglble assets Property improvements Plant and machlnery Total Cost at 1 April 2024 Additions Disposals Cost at 31 March 2025 1,115,508 48.352 31,422 3,050 1,146,930 51.402 1,163.860 34,472 1.198.332 Depreciation at 1 Apnl 2024 Depreciation charge Depreciation on disposals Depreciation at 31 March 2025 87,855 18,654 21.147 2.665 109.002 21,319 106.509 23.812 130,321 Nel book value al 31 March 20 1,057.351 10.660 1,068.011 Net book value at 31 March 20 1,027,653 10,275 1,037.928 12
RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 March 2025 7) Fixed asset Investments Market Value 0110412024 Unreallged Gainsl Losse Market Value 110312025 Addltlonsl Dls osals UK listed Investments FOren Iisied Investments 72,898 72,909 66) 66 1,914 1,914 74,746 74.757 The lollowing individual Investments held represent more Ihan 5•A of the portfolio:. Marke Value 3110312025 uantl Investment 1.736 W3verton Absolute Return Fund 1,316 Waverton Real Assets Fund 2,012 Waverton Sterling Bond Fund 1.177 Waverton Strategic Equity Fund 18,395 12.092 17.408 26.261 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 lair view. 8) Stocks 2025 2024 Cost of horses Feed and bedding In stock Tack and other sundnes 22,550 1,721 18.550 1,967 24,271 20.517 9) Debtors 2025 2024 Prepayments and accrued incoTre 4,637 9.584 10) Creditors (Amounts falllng dije within OTr year) 2025 2024 Trade creditors Other creditors 3,353 462 3,815 2,971 2,971 13
RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) For the year •nded 31 March 2025 11) Movemenl of funds BIF al 0110412023 Incomlng r•sourc•s R•sourc•• •xp•nd•d CIF •1 3110312024 Unr•strlct•d Funds 188,713 182,923 (161,784) 209.8S2 Restricted Funds 1,081,694 10.744 (20.676) 1.071.862 1.270.407 193.667 182.360 ,28 81F at 0110412024 Incomlng resourc•s R•sourc•• expended CIF at 311031202S Transfers Unrestrlcted Funds 209,852 226,735 (193,675) 242.912 R•strlcted Funds 1.071.862 185.800 (23,676) 1,233.986 1,281.714 412,535 217.3S1 1,476.898 Unrestrlclel Fund - Thls lunij Is to be used al the discretson of the Trustees In lurtherance of the general objectsves of the Charity Reslncted Fund - Thls fund for the purpose ol specific projects as Indenlified on an indNKlual basis. Transfer? Translerg Irom the Unrestricled Fund represenl Ihe Chanty's own c0ntnbUn lowards orwiry projects. 12) Analysls of net ¥sets between funds Current financlal yiar Tanglblo assets Net agsetsl (Ilabllltles) Investments Total Unrtstrlcted Funds 7.491 74.757 160.664 242.912 trlcted Funds 1,060,520 173.466 1.233.986 1,068,011 74.757 334,130 1,476.898 Prevlous inclal year Tanglbl• assets Net ass•tsl (liabilities) Investments Total Unrestricted Funds 8,543 72,909 128,400 209.852 Restrlcted Funds 1,029,385 42,477 1,071,862 1,037,928 72,909 170.877 1,281,714 14
RIDING FOR THE DISABLED (WOODBRIDGE & DISTRICT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 March 2025 13) Taxatlon The chanty Is exempt from lax on Income and gains falling wilhln sectlon $05 ol th8 Taxos Act 1988 or $8ction 252 01 Ihe Taxatson ol Chargeable gains Act 1992 lo Ihe extenl that Ihese are applied to Il3 charitable objects. 14) Related party transactlons Dunng Ihe year £NIl was donated lo the Charity by a Trustee (2024 £Nil). During the year £960 was paid by a Trustee for use of a horse (2024 £595). 15) Commltments The chanty committed to paying £6,275 per annum In relation to an operaling lease Al the balance sheet dale the charity was committed to making a payment of £6,275 wilhin the next financial year in regard lo thls. 15
fDOO(OOOOOOOoOOOOOOOO ov¢x)ooooooo0coo0(Noooo cqU)O¢D(n¢oOff)(O)vCO0(Drj OGJr In r I ) cf) > tr aj (U Cd u) E C£ 0£ C 4> % c£>LUF->aCiNiiLL>(LQLLIQ)CLU)tto<S