| Contents | ||
|---|---|---|
| Trustees' Report |
2to7 | |
| Independent Examiner's |
Report | |
| Statement ot Financial | Activities | |
| Balance Sheet | 10 | |
| Notes tothe Financial Statements | 11to 16 |
| Report to | the members of | the members of | Barrow Farm Riding forthe Disabled Limited | |
|---|---|---|---|---|
| Charity number | 1139280 | |||
| Setout on | pages | 2to16 | ||
| Respective responsibilities and examiner |
oftrustees | Thetrustees(who arealsothedirectorsofthecompanyfor the parposmofcompany law) are responsible forthe preparation ofthe accounts. The trustees consider that an audit isnot |
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| required forthe year under section 144(2iof the Charit iasAct 2011(the2011Acti and that an | ||||
| independent examination isneeded. |
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| It ismy responsibility to: | ||||
| examine the accounts under section 145ofthe 2011Act, | ||||
| followtheprocedureslaiddownlnthegeneral DirectionsgivenbytheCharityCommission |
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| (under section 145(5)(b)ofthe 2011Act, and | ||||
| state whether particular matters have cometo my attention. |
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| Basisofindependent statement |
examiner's | My examination was carried out in accordance with geneml directions given by the Charity Commission. An examination includes a review oft he accounting records kept by the charity and acomparison ofthe accounts presented with those records. It also includes consideration ofany unusual items ordisclosures in the accounts, and seeking explanations from you as trustms concern(nganysuchmatters. The procedures undertaken donut provldeall the evidence that would be required in an audit, and consequently no opinion isgiven asto whether the accounts present a'true and fair' view and the report islimited tothose matters set |
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| out in the statement below. |
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| independent | examiner's statement | Inconnection withmyexamination, nomatterhascometomyattention 1.which gives me reasonable cause to believe that, in any material respect, the requirements: |
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| to keep accounting records in accordance with section 3B6ofthe Companies Act 2006,"and |
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| to prepare accounts which accord with the accounting records, comply with the accounting requirements ofse tion 366ofthe Companies Act 2006and with the methods and principles of the Statement ofRecommended Practice: Accounting and Reporting by Charities |
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| have not been met; or | ||||
| 2.towhich, in my opinion, attention should be drawn in order to enable aproper understanding ofthe accounts to bereached. |
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| Signed: | Date: lg ~ics. Qc22,3 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| No~es | Funds E |
Funds E |
Funds E |
Funds f |
|||
| INCOME | |||||||
| Donations and legacies |
87,019 | 63,405 | 150,424 | 139,984 | |||
| Charitable activities |
62,636 | 62,636 | 37,387 | ||||
| Income from other | trading | activities | 14,394 | 14,394 | 14,389 | ||
| Investment income |
1,352 | 1,352 | 65 | ||||
| Otherlncome | 150 | ||||||
| TOTAL INCOME | 165,401 | 63,405 | 228,806 | 191,975 | |||
| EXPENDITURE | |||||||
| Expenditure on raising funds |
3,533 | 3,533 | 2,980 | ||||
| Expenditure on charitable |
activities | 152,634 | 82,197 | 234,831 | 198,571 | ||
| TOTAL EXPENDITURE | 156,167 | 82,197 | 238,364 | 201,551 | |||
| Net Income/(expenditure) and movement offunds for the year |
9,234 | (18,792) | (9,558) | (9,576) | |||
| RECONCILIATION OF FUNDS Total funds brought forward at 1January |
183,717 | 162,161 | 345,878 | 355,454 | |||
| Transfers between Total funds carried |
Funds in the year forward at31December |
192,951 | 143,369 | 336,320 | 345,878 |
| Notes | 2022 | 2022 | 2021 | ||
|---|---|---|---|---|---|
| E | E | f | |||
| FIXEDASSETS | |||||
| Tangible Assets | 139,785 | 162,290 | |||
| TOTAL FIXEDASSETS | 139,785 | 162,290 | |||
| CURRENT ASSETS | |||||
| Stock | 898 | 411 | |||
| Debtors | 10 | 4,974 | 4,916 | ||
| Cash at bank and in hand | 199,828 | 188,130 | |||
| TOTAL CURRENT ASSETS | 205,700 | 193,457 | |||
| LIABILITIES | |||||
| Creditors failing due in one year | (9,165) | (9,869) | |||
| Total assets less current | liabilities | 196,535 | 183,588 | ||
| FUNDS OF THE CHARITABLE COMPANY | |||||
| Unrestricted Funds |
12 | 192,951 | 183,717 | ||
| Restricted Funds |
13 | 143,369 | 162,161 | ||
| TOTAL FUNDS | ,»D | 3 5.8 |
| 7.ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVI | TIES | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Tata I | Total | ||
| funds | funds | funds | funds | ||
| 2022 | 2022 | 2022 | 2021 | ||
| E | E | ||||
| Payroll costs (note 14) | 76,223 | 49,142 | 125,365 | 110,682 | |
| Staffrelated costs | 1,140 | 1,140 | 1,295 | ||
| Volunteer costs | 594 | 594 | 454 | ||
| Refreshments | 1,954 | 1,954 | 313 | ||
| Feed and bedding | 15,951 | 4,902 | 20,853 | 14„583 | |
| Farrier | 5,575 | 1,290 | 6,865 | 6,25Q | |
| Veterinary fees and physiotherapy | 6,177 | 1,105 | 7,282 | 10,085 | |
| Tack and riding hats | 2,163 | 2,163 | 3,270 | ||
| Props for riding and driving | 2,557 | 2,557 | 221 | ||
| Horse training and competitions | 370 | 370 | 309 | ||
| Equipment | 1,847 | 1,847 | 1,690 | ||
| Heat and light | 4,616 | 1,068 | 5,684 | 5,024 | |
| Business Rates | 1,388 | 1,388 | 283 | ||
| Rent | 1,000 | 1,000 | 1,000 | ||
| Water | 423 | 423 | 732 | ||
| Property repairs and maintenance |
14,423 | 3,336 | 17,759 | 5,998 | |
| Machinery, vehicle and carriage maintenance |
1,106 | 1,106 | 1,789 | ||
| Transport | 968 | 968 | 353 | ||
| Insurance | 4,209 | 973 | 5,182 | 5,947 | |
| Subscriptions and licences |
1,406 | 1,406 | 756 | ||
| Phone, postage and computers | 1,196 | 1,196 | 1,258 | ||
| Depreciation | 4,324 | 20,381 | 24,705 | 24,589 | |
| Accountancy and legal |
1,991 | 1,991 | 1,323 | ||
| Bankcharges | 17 | 17 | 10 | ||
| Feeswaived and written off | 981 | 981 | 357 | ||
| Sundry costs | 35 | 35 | |||
| 152,634 | 82 | 197 | 234,831 | 198,571 |
| 9.TANGIBLE FIXEDASSETS | |||||||
|---|---|---|---|---|---|---|---|
| Improvement | Plant and | ||||||
| COST | s E |
Machinery f |
Horses E |
Equipment f |
Fixtures E |
Total E |
|
| b/fwd at 1January 2022 | 288,982 | 66,402 | 18,250 | 7,608 | 1,193 | 382,435 | |
| Additions | 2,200 | 2,200 | |||||
| Disposals At 31December 2022 |
288,982 | 66,402 | 18,250 | 9,808 | 1,193 | 384,635 | |
| DEPRECIATION | |||||||
| b/fwd at 1January 2022 Charge for the year |
147,902 20,525 |
53,681 2,520 |
9,761 1,220 |
7,608 440 |
1,193 | 220,145 24,705 |
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| Depreciation on disposals At 31December 2022 |
168,427 | 56,201 | 10,981 | 8,048 | 1,193 | 220,145 | |
| NET BOOK VALUE | |||||||
| b/fwd at 1January 2022 c/fwd at 31December 2022 |
141,080 120,555 |
12,721 10,201 |
8,489 7,269 |
1,760 | 162,290 139,785 |
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| Purchased with Unrestricted |
funds | 24,917 | 2,771 | 1,760 | 29,448 | ||
| Purchased with Restricted |
funds | 95,638 | 7,430 | 7,269 | 110337 | ||
| 120,555 | 10,201 | 7,269 | 1,760 | 139,785 |
| 2022 | 2021 |
|---|---|
| E | E |
| 2 323 | 1,789 |
| 2,651 | 3,127 |
| 4,974 | 4,916 |
| 2022 | 2021 |
| E | E |
| 7,096 | 8,250 |
| 2,069 | 1,619 |
| 9,165 | 9,869 |
| 2022 | 2021 | ||
|---|---|---|---|
| General | Designated | Total | Total |
| Funds | Fund | Unrestricted | Unrestricted |
| E | E | E | |
| 103,717 | 80,000 | 183,717 | 150,907 |
| 9234 | 9,234 | 32810 | |
| 112,951 | 80,000 | 192,951 | 183,717 |
| 13.RESTRICTED FUNDS | At | At | At | At | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 01-Jan | Incoming | Outgoing | 31-Dec | 31-Dec | 31"Dec | |||||
| 2022 | funds | funds | 2022 | 2022 | 2022 | |||||
| f | f | Fixed assets f |
Cash at bank f |
Total f |
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| Indoor School Refurbishment | 69,025 | 7,597 | 61,428 | |||||||
| Stables project | 3,943 | 2,115 | 1,828 | |||||||
| Velcro/Rotary Garden |
272 | 272 | ||||||||
| Woodland Path-Lions |
2,190 | 438 | 1,752 | |||||||
| Woodland Path -(Nat Lot, CLATrust) |
9,004 | 2,374 | 6,630 | |||||||
| outdoor Arena project(various) | 20,400 | 3,400 | 17,000 | |||||||
| Viewingarea project-Sir Peter o'Suilevan |
8,000 | 1,000 | 7,000 | |||||||
| Carriage project | 3,600 | 1,000 | 2,600 | |||||||
| Tractor fund (various) | 5,796 | 966 | 4,830 | |||||||
| Horse-Company ofTobacco |
Blenders | 1,706 | 213 | 1,493 | ||||||
| Horse- John Adler memorial | 314 | 157 | 157 | |||||||
| Horse- ECAF | 875 | 135 | 740 | |||||||
| Horse-QBE Foundation | 2,604 | 372 | 2,232 | |||||||
| Horse- RDA Region | 268 | 133 | 135 | |||||||
| Horse-AxisFoundation | 2,722 | 209 | 2,513 | |||||||
| Jack Petehey Awards | 2,377 | 2,377 | ||||||||
| L eath ersei ters - horse training | 445 | 445 | ||||||||
| FowlerSmith Trust - LPearson | teaching | 500 | 500 | |||||||
| M Lancasterlegacy | 4,500 | 1,500 | 3,000 | |||||||
| Essex Community Foundation |
-staff | 6,000 | 1,500 | 4,500 | ||||||
| Essex Community Foundation |
-Top-up fees | 5,060 | 2,334 | 2,726 | ||||||
| Fowler Smith &Jones-Discretionary Fund National Lottery Community Fund -RC |
1,679 | 633 | 1,046 | |||||||
| London &South East - Top-up | fees | 5,984 | 29,925 | 28,429 | 7,480 | |||||
| National Lottery Community |
Fund -RC | |||||||||
| London &South East-Administrator | 13,334 | 16,000 | 16,000 | 13,334 | ||||||
| HM Government -Kickstart scheme |
4,043 | |||||||||
| Edward Gostling Foundation | - | staff | 5000 | 5000 | ||||||
| 162,161 | 63,405 | 82,197 | 110,338 | 33,031 | E143,369 | |||||
| Certain funds and grants received are restricted | forspecific purposes and | the movements during the current |
year are shown above. | |||||||
| The outgoings for the year includes depreciation | on fixed assets | purchased | with restricted funds. Restricted | funds are either represented | ||||||
| by fixed assets, or held on deposit at the bank. | ||||||||||
| 14.PAYROLL COSTS | ||||||||||
| 2022 | 2021 | |||||||||
| f | ||||||||||
| Salaries and pensions | ||||||||||
| Salaries and wages | 120,284 | 101,835 | ||||||||
| National Insurance costs Pension costs |
2,707 2,374 |
6,670 2,177 |
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| 125,365 | 110,682 |