| Contents | ||
|---|---|---|
| Trustees' Report |
2to 7 | |
| Independent Examiner's |
Report | |
| Statement ot Financial | Activities | |
| Balance Sheet | 10 | |
| Notes to the Financial Statements | 11to 16 |
| Barrow Farm Riding forthe Disabled Limited |
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| Report and Financial Statements | |||||
| Forthe year to31December 2021 | |||||
| Independent examiner's report on the accounts |
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| Report to the members | of | Barrow Farm Riding for the Disabled Umited |
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| Charity number | 1139280 | ||||
| Set out on pages | 2to 16 | ||||
| Respective | responsibilities | of | The trustees (who are also the directors ofthe company for the purposes of |
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| trustees and examiner |
company law) are responsible for the preparation ofthe accounts. The |
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| trustees consider that an audit is not required for the year under section |
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| 144(2)ofthe Charities Act 2011(the 2011Act) and that an independent | |||||
| It Is my responsibility to. | |||||
| examine the accounts under section 145ofthe 2011Act, | |||||
| follow the procedures laid down in the general Directions given by the |
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| Charitv Commission (under section 145(S)(bi ofthe 2011Act. and |
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| state whether particular matters have come to my attention. |
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| Basis ofindependent | examiner's | My examination was carried out in accordance with general directions given |
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| statement | by the Charity Commission. An examination includes a review ofthe |
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| accounting records kept by the charity and a comparison ofthe accounts |
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| presented with those records. Italso includes consideration of any unusual |
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| items or disclosures in the accounts, and seeking explanations from you as |
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| trustees concerning any such matters. The procedures undertaken do not |
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| provide all the accidence that would be required in an audit, and consequently |
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| no opinion is given as to whether the accounts present a 'true and fair' view |
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| and the report is limited to those matters set out in the statement below. |
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| Independent | examiner's | In connection with my examination, no matter has come to my attention |
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| 1. which gives me reasonable cause to believe that, in any material respect, |
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| the requirements: | |||||
| to keep accounting records in accordance with section 386 ofthe |
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| Companies Act 2006;and |
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| to prepare accounts which accord with the accounting records, comply |
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| with the accounting requirements ofsection 386ofthe Companies Act 2006 |
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| and with the methods and pnnciples ofthe statement of Recommended |
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| Practice: Accounting and Reporting by Charities |
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| have not been met; or | |||||
| 2. to which, in my opinion, attention should be drawn in order to enable a |
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| proper understanding ofthe accounts to be reached. |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| Funds | Funds | Funds | Funds | ||||
| Notes | f | 6 | E | E | |||
| INCOME | |||||||
| Donations and legacies |
69,199 | 70,785 | 139,984 | 201,126 | |||
| Charitable activities |
37,387 | 37,387 | 19,046 | ||||
| Income from other | trading | activities | 14,389 | 14,389 | 9,423 | ||
| Investment income |
65 | 62 | |||||
| Other Income | 150 | 150 | 1,088 | ||||
| TOTAL INCOME | 121,190 | 70,785 | 191,975 | 230,745 | |||
| EXPENDITURE | |||||||
| Expenditure on raising funds |
2,980 | 2,980 | 540 | ||||
| Expenditure on charitable |
activities | 85,400 | 113,171 | 198,571 | 190,362 | ||
| TOTAL EXPENDITURE | 88,380 | 113,171 | 201,551 | 190,902 | |||
| Net income/(expenditure) | and | ||||||
| movement of funds |
for the year | 32,810 | 42,386) | ||||
| RECONCILIATION OF FUNDS |
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| Total funds brought | forward at 1January | 150,907 | 204,547 | 355,454 | 315,611 | ||
| Transfers between | Funds | in the year | |||||
| Total funds carried | forward at 31December | 183717 |
| Notes | 2021 | 2D21 | 2020 | |
|---|---|---|---|---|
| E | E | E | ||
| FIXEDASSETS | ||||
| Tangible Assets | 10 | 162,290 | 183,951 | |
| TOTAL FIXED ASSETS | 162,290 | 183,951 | ||
| CURRENT ASSETS | ||||
| Stock | 411 | 950 | ||
| Debtors | 4,916 | 4,443 | ||
| Cash at bank and in hand | 188,130 | 176,216 | ||
| TOTAL CURRENT ASSETS | 193,457 | 181,609 | ||
| LIABILITIES | ||||
| Creditors falling due in one year | 12 | )9,869) | l10,106) | |
| Total assets less current liabilities | 183,588 | 171,503 | ||
| THE FUND5 OF THE CHARITABLE COMPANY | ||||
| Unrestricted Funds |
13 | 183,717 | 150,907 | |
| Restdcted Funds |
13 | 162,161 | 204,547 | |
| TOTALFUNDS | 3 |
| Premises hire |
Premises hire |
|---|---|
| Uvery fees | |
| Fundraising | income |
| Unrestricted | Restdcted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| E | 6 | E | E | ||
| Payroll costs (note 14) Staff related costs |
40,287 1,295 |
70,395 | 11D,682 1,295 |
96,546 530 |
|
| Volunteer costs | 454 | 454 | 59 | ||
| Refreshments | 313 | 313 | 126 | ||
| Feed and bedding | 5,308 | 9,275 | 14,583 | 17,741 | |
| Farrier | 2,275 | 3,975 | 6,250 | 6,775 | |
| Veterinary fees | 3,671 | 6,414 | 10,085 | 5,014 | |
| Tack and ridina | hats | 3,270 | 3,270 | 3,258 | |
| Horse training and competitions |
430 | 430 | 927 | ||
| Equipment | 1,790 | 1,790 | 1,113 | ||
| Heat and light Business Rates |
5,024 283 |
5,024 283 |
5,087 131 |
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| Rent and water | 1,732 | 1,732 | 1,608 | ||
| Property repairs | and maintenance | 2,183 | 3,815 | 5,998 | 7,176 |
| Machinery and |
Vehicle maintenance | 1,789 | 1,789 | 3,601 | |
| Tmnsport | 353 | 353 | 632 | ||
| Insurance | 5,947 | 5,947 | 6,612 | ||
| Subscriptions and licences |
756 | 756 | 316 | ||
| Phone, postage | and computers | 1,258 | 1,258 | 1,542 | |
| Depreciation | 5,292 | 19,297 | 24,589 | 28,770 | |
| Accountancy and legal |
1,323 | 1.323 | 1,772 | ||
| Bank charges | 10 | 10 | |||
| Riding fees waived and written off | 357 | 357 | 898 | ||
| 5undry costs | 128 | ||||
| 85,400 | 113,171 |
| 10.TANGIBLE FIXEDAS | SE | TS | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Leasehold | Plant and | ||||||||
| COST | Improvements f |
Machinery f |
Horses f |
Equipment f |
Fixtures f |
Total f |
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| b/fwd at 1January 2021 | 286,054 | 68,892 | 18,250 | 7,608 | 1,193 | 381,997 | |||
| Additions | 2,928 | 2,928 | |||||||
| Disposals | 2,490 | ||||||||
| At 31December 2020 | 288,982 | 66,402 | 18,250 | 7,608 | 1,193 | 382,435 | |||
| DEPRECIATION | |||||||||
| b/fwd at 1January 2021 | 126,949 | 53,651 | 8,645 | 7,608 | 1,193 | 198,046 | |||
| Charge for the year | 20,953 | 2,520 | 1,116 | 24.589 | |||||
| Depreciation on disposals |
2,490) | (2rs90) | |||||||
| At31December 2021 | 147,902 | 53,681 | 9,761 | ||||||
| NET BOOK VALUE | |||||||||
| b/fwd at 1January 2021 | 159,105 | 15,241 | 9,605 | 183,951 | |||||
| c/fwd at31December | 2021 | 141,080 | 12,721 | 8,489 | 162,290 | ||||
| Purchased with Unrestricted |
funds | 28,246 | 3,325 | 31,571 | |||||
| Purchased with Restricted |
funds | 112,834 | 9,396 | 8,489 | 130,719 | ||||
| 141,080 | 12,721 | 8,489 | |||||||
| 11.DEBTORS | |||||||||
| 2021 | 2020 | ||||||||
| F. | f | ||||||||
| Debtors | 1,789 | 678 | |||||||
| Prepayments | 3,127 | 3,765 | |||||||
| 12.CREDITORS | |||||||||
| Amounts falling due within one year |
2021 f |
2020 f |
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| Accruals and Deferred | income | 8,250 | 6,069 | ||||||
| Tax and National Insurance |
1,619 | 4,D37 | |||||||
| 13.STATEMENT OF FUNDS | |||||||||
| UNRESTRICTED FUNDS | General | Designated | Total | 2020 | |||||
| Funds | Fund | Unrestricted | |||||||
| f | f | f | f | ||||||
| Total broughtforward | at 1January | 150,907 | 150,907 | 137,516 | |||||
| Transfers between Funds |
in | the year | (80,000) | 80,0OO | |||||
| Surplus/(Deficit) for the year |
32&10 | 32,810 | 13,391 | ||||||
| Tots I carried forward at 31December |
103,717 | 80,00D | 183,717 | 150,907 |
| RESTRICTED FUND | At | At | At | At | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 01-Jan | Incoming | Outgoing | 31-Dec | 31-Dec | 31-Oec | |||||
| 2021 | funds | funds | 2021 | 2021 | 2021 | |||||
| Fixed esse'ts | Cash at | bank | Total | |||||||
| f | f | f | f | E | ||||||
| Indoor School Refurbishment | 76,622 | 7,597 | 69,025 | |||||||
| Stables project | 6,057 | 2,114 | 3,943 | |||||||
| Valero/Rotary Garden |
952 | 680 | 272 | |||||||
| Woodland Paths - (Lions, Nat |
Lot, CLA | Trust) | 12,758 | 1,564 | 11,194 | |||||
| Outdoor Arena project (various) | 23,800 | 3,400 | 20,400 | |||||||
| Viewing area project - Sir Peter | 0'SuOevan | 9,000 | 1,000 | S,OOO | ||||||
| Carriage project | 4,600 | 1,000 | 3,600 | |||||||
| Tractor fund (various) | 6,762 | 966 | 5,796 | |||||||
| Horse - Company ofTobacco Horse - John Adler memoriral |
Blenders | 1,766 350 |
60 36 |
1,706 314 |
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| Horse - ECAF | 875 | 875 | ||||||||
| Horse - QSE Foundation | 2,931 | 327 | 2,604 | |||||||
| Horse - RDA Region | 401 | 133 | 268 | |||||||
| Horse - Axis Foundation | 3,141 | 419 | 2,722 | |||||||
| Jack Petchey Awards | 750 | 750 | ||||||||
| Leathersegers -horse training |
445 | 445 | ||||||||
| Fowler Smith Trust - L Pearson teaching | 500 | 500 | ||||||||
| M Lancasterlegacy | 6,000 | 1,500 | 4,500 | |||||||
| Essex Assoc Local Council - staff | 3,332 | 3.332 | ||||||||
| Ride fee top-ups (various) |
1,400 | 1,400 | ||||||||
| Essex Community Foundation |
- staff | 6,208 | 6,208 | |||||||
| Fowler Smith &Jones - Discretionary | Fund | 2,000 | 321 | 1,679 | ||||||
| National Lottery Community |
Fund Grant | 27,188 | 29,925 | 51,129 | 5,984 | |||||
| National Lottery - Administrator |
10,667 | 16,000 | 13333 | 13,334 | ||||||
| Bruce Wake Trust- Wheelchair | users | 3,000 | 3,000 | |||||||
| HM Government- Klckstart scheme |
11,831 | 11,831 | ||||||||
| Tack and hat purchases (various) |
1,071 | 1,071 | ||||||||
| Edward Gostling Foundation |
—staff | 5,000 | 5 | 000 | ||||||
| 204,547 | 70,785 |