c{panY Nwnber (Charitable crpanY Limited byGuaranteel Registered OwFity Numbef 7413930 11392 gandQ Barrow Farm Riding for the Disabled Limited Report and Financial Statements For the year ended 31 December 2024
Barrow Farm Riding for the Disabled Limited Rewt arKS Financial Statements For the year to 31 December 2024 Contents Trustees, Report 2to7 Independent Examiner's Report ststement of Financial Activities Balance Sheet io Notes to the Financial Ststements Ilto16
Far Barrow Farm Riding for the Disabled Limited Report of the Trustees For the year to 31 December 2024 The tntstees are also dirertors d thÈ tharity f the purpose of the CLwnpanies Act) wesent their annual repxt with the finarrial statements of the charity for the eThtsl 31 Ctemter 2024. The trustee5 conflrm that the finartial statements of the ccmpany comKty with the (harrties Act 2011, the Compante5 Act 2(, MemorandE¥n Articles of As5(latiOn and Acc(xrtiNd and (harities.. Statement of ReccnmeTh4ed Prattice aw4icalÈ to dwritie5 preparing their acctyjnts in accordants with the FinaKial Repryting Standard applicaUÈ in UK aryl Republic of Iland IFRS 1021. •. AcnviTIES FOR A(>IIEVING 08JEcfivES Thè chaiitatAe purptses of Barrw Fam R[di for the tisabled lalso kJth¥n as Barrow Farm RDAI are to prc¥note the objects of the RFLrq for the Oisabled Ass0clatlc Lry rKwdlrvd dIsaed PE(4)le with the means to rtde ty tarriage drive at the I1 of their altIty, th)ice and amtmtion. Wè also errae disabled pecf4è to ctcupy p)sitlons of reSbIlIty wittan the charity. Thè pr11[1 act%11•$ dertaknn to these e5 are.. PrdI pewle with both leamire and ptTh5ical thsabf16ties, the orlxytunity to vide and carTia8e th1 thrwh weeV Ildr and drimng sèssiors. Research shows that tse aTtleS not LN)ly IMprtr ph¥slcal Well-befi, tr also d1c self-confldence a1 primde participants a level of indÈpenderKe. Pr(4idir¥d 5UPPXt and coachiro to participants who wish to 5e ROA gradè tests, sl¥)w jumn asse55mènts, to competÈ In rha1 crynWitlth. ProridlNg s(1a4 and fLmtha5Si that briFY tLgèther the widèr Barr(w Fam RDA cC¥nmUty of rldeTS. Staff. 4unteew5 suwryters. PThidiwA WLvk experierte LwYiuThtiÈS for thsaWed pè0• as 4rJLrteers and trustees for the tharity. The trustèes ha% taken re8ard to benefit pr(pAslons of the 2011 Charities Art aTh1 the 8Lydelines isswl the Charities Cc¥nmis5ion arnl C(51der that thch the delivery of 5 actthties afxl the impact t ha% the wider community, the charity cortirS to a wknlic bÈnÈfit. IÉVEMEIITS AND PERFORWJI( I. REVIEW OF ACTIVITIES ThrcdqFKMrt 2024, the tharity W(ided weekly rithrvd and drI$va sesslons In supF of its main charitaLqe Fwose. Wè ran sossions ftw an a¥pra8 of 108 rider5 each weekfrom schwls, residential Me5 and indIdal$ and were Fleased to WelCe two new stkds {hJri the par, for horse ri<liry and one Pony Carè. There were 18 calage dri4T5 the year, whfich is the same as 2023. Barrow Farm Rtm miye than lust lesstyts for w participalrts. tijriiu 2024; • We ld two in-1se c(¥npetitions- 25 rider5 errtèred ow C4wnts)side (Jwllewde Day, and 13 attended ihÈ t¥essage Day. We held a schoc4s' Cwntryslde tha11¥t tomWit1 wlth 27 wider5 ZUOSS the week 28 riders athiebed grdde tests at Wdrityjs I15. aThJ 10 riders wert awarfled Elwjur3e certificates. Carria8e driwryg inUeS to popular and 9 dri4rs attendèd a driwn8 hdiday at Ashfields Carria8e Pob Two of tr thi¥ws enjffjed a carriaee Pth)y Day held at Barr(M Fann. Iliders tOL part aTrJ wrm in seberal classes at the RDA virtual natior41 thamptonship5. We 1 5 Porry Days. with 24 rider5 arnl the help of 37 nteers. We pr(Tr&itd care cojrses frA 16 partlcipants.
Barrow Farm Riding for the Disabled Limited RePt of the Trustees For the year to 31 December 2024 andQ 3 drii&Ef5 tTr)k part in the national ¥lrtual dressage Cetition, e of wyn came secon As happened in 2023, Carriage dri¥in8 theory sessions wer# (Nèr thè winter rnonths when is not wjssible. Feedback from these sesslons was fantsstlG 13 dri¥pr5 athieved EIurae cèrtlflcatès. 9 t( 8rade tests. Téa with a Pryry sessions Contin to grow In PLwlarity and 140 3dults en1rd se55iLm5 in 2024. from 6 different care mes regularly attèrKK. We started a new grp for adults li¥lrvJ at hc#nè and BaTrry Fami RDA athieved Dementia Friendly ststus. The Jack Petrty Award sCMe. recognising the achievements of riders a1 NDJunteers, remair6 kwilar. You IlUntee who have demonstrated considerat4e imy(Nement in either di1V4. Aunteeriiig skills behaviwr are nbinated and the wirlne voted their peers. The money awarded ha5 allowed u5 to W items ch)sen by the winners. We cwrently haw 104 actl Athteer5. of which 21 lo1 bn 2024. 49 Kltwrteers attended traltr)ItvJ sèsslLWts on,. w ¥dunteer, Tefrestpr trainTrrr6, helv with Catae dr1¥1, dementia fTrr5t aid One of our Nr•lunteer5 comweted their traini to trAcome a eoath and rKY4V teac5 a lesson eath Saturday. In 2022, we intro(xed a StMe to train 3 w[rteets as RDA Arti¥ity Leaders we n(M a total of 5 In a¢t. these Actiwity Leader5, mean5 we can offer rw coath led activities for partlapants are unaL4È to ride vr drive. we t cwentty ha4e a space to meet theor need5. We enjoy excellent links with Writtle iJlur5lty College, a1 we curtinue to FW(Mde wc¥k-based learning placements foT Socal cdlege students. In their time at Barrcw Fami RDA. they learn all aspects of horse care and 8ain valuable eXperiee helpin8 With the Tides and inteTactiv¥ with 0e with vaTrinB disabilities. Thèy leam teamwork and communication skills arwj we gain satisfaction frryn 5eeFn8 them debtlop. YO Fwle also ter as part of thelr Jke ol EdinkwJrBh Award prr4ramme. We grateful to or8arAsatli and businesses that supwrt durirg 2024 that help5 to maintain the the facilities at Barmw Farm RD A massive thank as alway5 to INmsford and Valero. Through our fundralslw a¥Ity, we arè irrited to talk to local rtP5 and 5ocietie5. eikKatir¥ afKt infnITY members of the lotal trynmunity abwt the berits of riding for the dISaed aThJ ridlr¥J as a Sp In general. Thèse have resutted Sn a number of Our fuThJraisI event5 in 2024. Ind hrAdir¥ quizies, music ebnts and our suPrterS also raised mOV for us th1oh b(x)t falrs and rum1 the Londc*) matstn. We are 50 that dwin8 the ar. a ser4or member of our coaching team quallfied as a LeNpl 4 BH5 in hse care a1 management. All our coathes ensurè that their coaching is outstswKlirvd Undertaki contirwjirq wofe5sional dew&lownent. Our senior cryrtinup to 5UPPOrt rtr ridir¥ and drill coac15 th8 their C and re8ional RDA roles. Our premise5 contlnued to Wrde a useful nue to hire for Irxal clth. Incluth arCry aThJ th a8llity, wlich 15 Usef source of irtome for the thaty.
Far Barrow Farm Riding for the Disabled Limited Report of the Trustees For the year to 31 December 2024 S¥andQ il. ACKNOWLECGEMENTS We are espetlalty grateful f the grants and d(Thtions retèived this par as we had todeal with increased c(sts e to high inflati(ffi. We aweciate thè t(t{l1Xrtion of many indiwduals and groups have raised mi¥frA bYJ many dleTert ways. In particular we WLwldlik2 tothawbK. EssexYwr8 FbThS, gaddrNJ Fun flun. Natit¥)èl Lottery, The W(x5hipfiJl Cornparty of Wheelwrights. Essex C(rfnmbJnity Fodati(, Worshipful Cclnpany of Tobacco Pipe Makers &Tobacco FslÈndÈrs, thIl¢kTTu5l. SAMS ISttlrx PlayÈts at stspIefd Abt5 Golf Clubl aY¥J Vèlero Ener8¥. We are irnlebted to 104 %UnteerS WI gi their time and ccrfnmitment a re&ar basis and nèw ¥duntee are always welcome. We also appreciate the lUnttr days pro41ded byor8anlsat1tS like Valero Ergy, wh Pri{d teams thai uThJertook small projects and maintertarKe arwnd the tentre. With this supwt we er6ure centre stay5 fit f(Y wrp05e fty all ow rtlF•nts, ¥dwrteets ar)d stsff. As alwa, a tAg thank goes to fAif Staff team fty au thelr thdkatI aThl hard wk in all weather conditKJr le5peciallythe heat In thÈ summer and freeziwd ccffiditions in the winter). We appreciate kn(MIee and eXper1w ed in proMthn8 safe. Well-trald PleS and hwes f( our rtdèrs carriage drtvers. A MASSIVE TIIANK YOU TO EVERYONE WK) SUPPORTEO US DURING 2024 AND HELPED 231 PAAnapANTS BENEFIT FROM 4.245 SESSIONS AAN AT BARROW FARM RDA. Fonally a ht thanksou to our W(1&rful team al pwtes aThl hLYse5. The charity d5 fund5 In rlsk instsnt access, fixed teFm aThJ nrtice ba accounts. FINANa REVIEW I. GOING cONAN After MakJ apwowiate erwries, ttU5tees ha a reas¢Thblè expectatkn that the charity has adequate resowces to c(rfrtirwe in operational e¥isteno for f(èseeatAe future. this reasori they continue to adLWt the golrq c(xern basis in Fwèparing flnancial statements. Further details re8ar(lin8 the a(kIptiC of the cthKem basis can in the A(cntIng tK4icle5. 11. RESERVES POLICY The tnt5tees aim to hold rÈsèNes ewlvalent to slx months funnlrrf cost5. TIu5 15 to priTrAdè suffldènt Worki capltal to meet day to day needs, wTrth reserves b•6 held in the thariws twrent aml interest-bearbn8 3cCnts. The tntstees consider that the le1 of feseryes available at 31 tcembÈr 2024. are sufficient to C(Ner the costs ot charity fry mcre than 6 morbth5 aThJ wlll c(Y4er ary immediate $all5 that may a$ Ihjè to the IrrègLdar nature of lrtome receib*d from Brants and donatson5.
Barrow Farm Riding for the Disabled Limited Rert of the Trustees For the year to 31 December 2024 111. REVIEW OF FINANaAL STATEMÉNTS Total Irome for 2024 was £371,162, an improhEment on 2023, when £285,940 was reCeivae. Thls was maTrnly due due to the irKome from dtiC$ a1 8rants which irKreased by £82,127 1)ver 2023. main c1trt01 to thls. is an En(kn¥ment Fund of £75,(KlJ receibd from The Eth¥ard GostlI FoUTrjatlL which must be held in reserves for 5 years, e$S cyjr reserves fall bel 6 morrth5 operating expenses. Income frcrfn charitable artÈwties also impru1 by £12,942 over 2023, due to a wlce Increase in September. more 5chcd riders In 2024 and the expans1 of try sessions. However, irorne from other tradir8 acti¥rties fell by£8,999 compared to 2023, the to fewer furMlr3i5iF¥ artmties being ld. ArThI £2(M).CXXJ of the thariW5 fd5 were held in interest tearir8 atCOLmts d1 the year whith 8enerated in¥stment iw)me of £6,125 compared to £3.406 in 2023. EXndItUTe on charftablè artiwties redwed from £3Cn,686 in 2023. to £286,645 in 2024. This improvement is mainly th to a redtIOn of ar(yJThl £18,0(Kl in the property related work uThJertaken in 2024 CL¥npared to 2023, Flus a rè(hxtion in bpterinaryfees. Offsettitva thÈ5e. were irKreases tlp National LIVI Wage aFKI p3yrdl. and feed aryl bedding costs. Caimtal exwmllture fixed assets In 2024 was £7,296 on a new muck trailer. plus In NErnber we paid a dewstt of £2,(1)O on a new hxsebox to be aCqred in eady 2025. A surFlus of £82.755 resulted fLY sear. compared wlth è deficit of £18.369 In 2023. This (Mrtc(¥ne was bèttèr than had Èn experted at the gInnIn8 of the ar, wlmarilydue to the grant recèived from E(frward G05tling Fur¥l. As a result, total reser5 at the end of 2024 wÈwp £41XI.706 compared to £317,951 at i81nr6 of thè ar. Of tSe. £130W4 are in restrfcted fd5 that are rewesented ty fixed assets1£78.7371 and bank deFrf)sits IE135.4331. The surplus 2024 has imprcfvd cash resÈrnÉs £95,022 the par. and these awe £282,910 at the year end. This includes £80,(KQ in a de518nated fu1 set up by the trustees to fu1 new assèts and major iMprvMets wh t¥ arise. The cash reseThps at the eThJ of 2024. crrtinue to meet the Charitys re5er¥ir8 Oicy of li1va sufflclent fun¢ts to cry4er slx aperatire expÈnsès, k£ep the tharity in a stYor ptsltlon finarKtally.
Barrow Farm Riding for the Disabled Limited Report of the Trustee5 For the year to 31 December 2024 . REFEIIEN(E AND JYAW415TRATIVE OAlL$ flegistertd cpanY NUrnr. Régistered Owrity Number: 7413930 1139280 Re#istèred oftlce: 81aehM(¥e Road HTr8hwd, ChelmSfcd, Essex CMI 3aR tire¢tots of Barrow Fami Rldlry for thÈ tmsabled Limited Martin W&yJ J(sephtne Moss Rowe Graham Fairhead Is01 Gvers Martin Burchett Janet Lkngh•n Emma Harris James Kear Kafen LÈhner Kat Maw Anne Mitthell Jowillco thairppr50n Sècretary Treasurer VI Chalrper Appnted 01.05.2024 Resigned 17.07.2024 ResIgd 01.05.2024 The trustees <le8atè the day to day rlre of the durtty betweèn the Equestrian Manager, and the busi5$ Mana8er. Banr$.. Ctrryerati Bank Examirr: Burden Filer ACC(tantS Ltd 254 cge$haIl Road Little Tev C41ster. Essex C06 ltrtr f. 5TRucfuRE, GOVEAt4ANCE MA14AGEMENT CONSTITUTION The tharlty is a company limited tyguarantee a1 was inc(watèd on 20 octob 2010. METtrL)D OF APPOINTMENT OR ELEIoN OF TRUSTEES wisling to become tnsteès of the charfty attend an infLYmal inteNew. ff a(pted the new trustee És thtn prcyd and apwnted at a trustee committee meeting. Newly apwnted trustees are as515ted in resFKm5ilxllties of their post try existing post holders and ottr trustee memter5 and are (*d with a new trustee pa£k on iolThtw.
Barrow Farm Riding for the Disabled Limited Report of the Trustee5 For the year to 31 December 2024 lil. ORGANISATIONAL sTRUVRE AND OECISION MAKING The trustee committeè mèets at least quarttrty to set strategles m(YHtor the perforrnae and finae$ of the tharfty. In additicffi they an Annual General Meetiro. trustees have set up a numter of sub wmmittees to (plee SlfIC aspects of the charity, to make recommewh4ations to the main committee for decisi. The day to day ruMinB of the tharittys actiyitles Is dele8ated to Equestrian Managér arKI the Business Manager, who attend and provide rewrts fry the trusteÈ committee meetllV5. v. RISK MANAGEMENT The trntee$ ha%E as5e55ed the maj( r65hs to which the charity 15 eX[Sed. in p3rtioJlar thosè related to the strategv, operations atMI finawKes (rf the charityand are satisfied that ade(wate 5y5tems are In aCe to mitigate exposure to the maior risks. 8. TRUSTEE5' RESPONS•ILtTIES STATEKMT The trustees Iwkn are 3150 the dlrectLYS of 8arrow Fami Ridin8 f(Y the Llsabled limited for the purposes of company lawl are TespL¥)sli4e fry preparir8 the finarKial ststemènt5 in accordance wTrth applicable law and Unitèd Kirdrn Generally Accepted AccLwntiry Practice. ComFvny law require5 trustees to wepa finarKial statemÈnts for each finarKial year whlch a true aTrJ falr Ifjew of the state of affairs of charltsble cc¥npany and for that ri5. In epari these finandal statements the dlrector5 are required to... 11 Select sultable acco¢1 pdicies then them a conslstent basis. 21 Obser¥E metlKds and pr1rKIes in the tharlty SORP, 31 Make lud8ements and estimates that are wudent rea$(able, 41 State whether appliCae UK accounta staThJard5 have been fdloed, sthjert to any material departwes isc105ed and ewalned in the tinancial statements, and Prepare the fInala1 statements w the goiThd c(YKèm ba515 4mle5s It Is Inapwwiate to presume that the the thawity will corrtinue in business The tfusteès are res1)s1* frK keepire prOr acccrtmtire records. whith (li5dose with reasonable accvracyat anytime the flnawKial p}sitic of the charity and enable them to enstjre that the finarKial statemÈrt5 c(MnKIv with the Compare$ Att 2006. trustees are also resnSible for safe8uarthTha the assets of the tharity and for taki rea5rmable steps fLY the preventi and detecti of fraud and other irregularities. This retkxt has been prppared In acece with the spedal of Part 15 CL¥npanies Act 2(6 relati to small comp3ntes. SIGNEDON BEHALF OF THE TRUSTEES Name.. T. MoS&-R dw)
Barrow Farm Riding for the Disabled Limited Report and Financial Statements For the year to 31 December 2024 Independent examiner's rel on the accounts ReFwxt to the trteeS I drect5 I members of: Barrcw Farm Rldln8 for the Cisabled Llmlted 11392 2to16 Set on pages ResporfjililltSÈs basis of reFxxt tntstees IW arè also the thrertoys of thè t(fnrry for tht puryx)ses of Cl¥nnY lawl are resp)nsitle for the wÈparaticffi d the actnts In acCda1 With the reAreme11ts of the Companies Act 21x6. Having satisfied mysèlf that the aCc(XM of the cpanY are Mt required to be audlted xler Part 16 of the 2(X)6 Act and arè eli8ible for indèpetyjent examinatsLn l rept in S¢t of my examinat6on of w chBritVs atcojnts as cariied under settion 145 of the Owiitlès Act 2011. In Cary)7 my examinatlon, I ha fdluwed thè Olrectior 8ibEn lry the tharities Ccffnmis51on lurttler section 14515llbl of the 2011 Att. Ib)dendent exJrnlnÈr's statèment ThÈ c(xMpanVs grw IrKome Èxceeded £250.CW and l am qualified to undertake the examination ty beirq a quallfled memter of the As50¢1atlon of Accourt1 Tedwldans. I coM[Aet my examinatiryL I tLJtrni that no matèrial mattus ha%r ¢ome to my attentIL whkh 8lve5 mè Cause to bella that: • accwntiry were Th)t In accordar wlth 5ectlon 386 of the cpanIeS Act 2(KJ6; . the accrAmts th not accord with retLYds: or • the •C¢CArts wlth the relevant acCntI rewIreMe under sectit 396 of the Crxnpaniès Act other than any requirnents that the accounts gi • rue arnl fai¢ 4iew wlith is not a matter ccffisidÈrÈd as part of an indendent e¥aminatlon' or . the accrwnts have not ten prepared In accord&e with thè OTItieS SORP IFR51021. I hav2 no concems a1 haNE ccne acr(ss rKJ rAlw matters in comectith wlth the examlnation to whlth attention slmwld be thawn in this Tewt In order to enable cpr urnkntabmliry of the accts to be readd. Si8ned.. Date.. 06. 06.fi02S Name: AsduE"I FI> Relevant professlonal walifitr ar Ixty. HIAAf Alktress:
Barrow Farm Riding for the Disabled Limited Report and Flnancial Staternerrts For the year to 31 December 2024 gandQ ststement of Financial Activities for the year ended 31 December 2024 IindLliTra an IrK¢e and Expenditwe Acro4¥rt1 2024 2024 Llnrestricted Restricted 2024 Total Funds 2023 Totsl Notes INCO D8(5. Grants le8acies flJ,445 213,540 273,985 191,858 Charitable a¢tivities 76.462 76,462 63.520 Iorne from other tradin8 activie$ 14,320 14,320 23,319 InNEstment income 6.125 6,125 Other Ilne 270 270 3037 TOTAL INCOME 157.622 213.$40 371,162 285,940 EXPENDifuRE ExpÈNliture on raisi funds 1.762 1.762 3,623 Expenditwe thaWitste artiyities 155,597 131,048 286.645 3.fj86 TOTAL EXPENOITURE 157.359 1.048 288.407 Net iw>mellexpeThJiturel a1 mo¥ement of funds for thè year 263 82,492 82.755 18J69 RECONCIUATK)N OF FUND5 Total luvKls brought fonAfard at l Jaywary Transfefs bètween FuThJs in the year Mthpment of futvJ5 for the year Total fund5 carried f¢KwaTd at 31 tcember 186.273 131,678 317.951 336.320 263 186,536 82,492 214,170 82.755 18,369 317,951 The statement of fInaal ad¥ltles Imludes all galns 1055es reCnIsed in ar. ire aThJ expenditure derf*s frcrfn ccffttinuin8 act4Vities.
Barrow Farm Rlding for the Disabled Limited Report and Financial Statements R)r the year to 31 Oecember 2024 Balance Sheet as at 31 December 2024 NXes 2024 2024 2023 FIXED ASSETS Talt Assets io 118,483 134S55 TOTAL FIXED kSSET5 118,483 134,555 CURRENT ASSETS St¢k tbt5 Cash at bank aThJ Fn ha1 1.322 7,318 282,910 945 li 187M8 TOTAL CURRENT ASSETS 291,550 193,773 UA81LITIES Credit¢vs falllng dup In one al 12 19,3271 110,3761 Currerrt assets less liabillties 282.223 183,397 FUNDS OF CHARITABLE COMPANY 4.706 317,952 UNe5trlcted Restrlcted FUTh 13 14 186,536 214,170 186,274 131,678 TOTAL FUNDS 4LXI,706 317,952 In apprO¥lngthe11n1aI Statentsa$TIUSteesofIheC0MpanV,IheTTV5tehuebVcQfjlm:. 31. Fortheywthdin831I12D024thecomparww¥tIl1to eyemptionfromaudit undersertlon 477 oftheComwiesI£1 2DJ6 rdatinsto small compw¥ith bl. No mgnbwsh4erquirtsY thecomp¥yto obt•n 3naudltfortheyinque51ion inaccord•Kewth 5ertlon 476ofthe Companie5kt 2006. cl. Thedii¥torsthwlthelr re5pon4bilityforcomp1n&Withihereqirn•rts0fthetWI1h re5P&tto wuntln8 TrdSd fortheprep¥ionof account& The5e&countshfftbew prep¥l in ¢Ordceth theprOnsapplIcabItte0mp4nlesYJbJe¢ttotheSMl companle5 rellme. Al manbersconsented tothedelivwyof thex¢oLantswithout aProfit & Lossaccounl. Thenoteson p42s 11 to 16 fom part of thesefinancil statrntsthat 4¥vea8reoA bytheTru5te¥at thur meetin8on25 ri1 2025. Ipr04YI fDr*)d on beh4f0fthereKtoT$ Date 3.Tr. ao"zS io
Barrow Farm Riding for the Disabled Limited Report and Financial Statements For the year to 31 December 2024 Note5to the Financial Statements for the year ended 31 December 2024 I. ACCOUNTING POLICIES 1.1 Basisof pfeparation ofllnarlal Stts Theffinancial statem•ha¥eb prep¥oJ In xcordancewith kcountlngand Rwtln8byCharfjtl<% theStatoment of Rec(IMMd(I Prorticeapplicableto charities preparingthdi countsin KcordancewiththeFIn¢1 Reporting Standard applicablein theVK andthe Republic of Irdand IFRS1O2IIEfft4VeI January20151, thefincld rqjorting standard IFRS 102landtheCompanie5hth 2006. BarfowFm RidingfortheOlbled Ilmltal meet5thedefinttion of apublic benefit entltyunder FFLS 102. AÈ%ets and liabllitie5areinitially r08n•I31 historical co# OrtranlOvate5un1e55oterWt5e5I3l01 intherele43nt accountin8 policiesnote. 1.2 Prewation oftheaccountson agoingconcern b5 Thetrustets. re•0fthel1nCI incorningand OutloIs£On%derul IIK)kingfotwardfora periodof 18 monthsand onth15bS concludethat thechwityhasadequere50urce5and isagosngconcern. 1.3 Income Incomelsr&ts8ni5ed whenthecharityhastItIeMtto thefvnds. )ypwk>rniaKeconditionsatt3chul totheitemof Incomehatseth met and it15piobableth theincomewill ber&eivd arldtheamount can bemsu1ed rdilv. Thevalueof goodsdonatalforfe5ale¥eln¢ludeAlaslncomewithin Incomefrom othertradin8xtÈvities when theyaresold. 1.4 Donated wvice5andfacslitie5 Donatd profesyonal service5and dOnatedfl11l1e5areIeC0Bnlsed a5incomewhw thecharityhas ontrol over the item. anyconditionsasfoclalwlth fhwn havebe•7 md. thereteiptofLroTrJmic baIt from the usebythech#ltyoftheitem Isprobableand thatonOMIC ben•lt can bemeagJrJ rdiably. In xCordanceth Charitie550RP (FR51021.8aI volunteertimei5not I0&nISl. On recept. dOnatf¥111tlesaftd 5th¢eS¥erWj1$ed on theba5isofthevalueof thewft tothecharity, which istheamountthecharitywould bewllingto w to obtain theservice50rroource4ofqvtl ttonomic bEnefit ontheow m*t'. acorre5por4diwaamount lsthen rxo8nlsed asexpendltureln thepttlod incurred. 1.5 Interest T11¥able IntLYe5ton lund5 held on depOt is Includ when re£avabIed theount ¢• bem1 rdiably bythechwlty, thisis nomi1¥pon notSfit4tlon oftheintere5t paidorpJyablebytheban li
Barrow Farm Riding for the Disabled Limited ReFQrt and Financial Statements For the year to 31 December 2024 Notesto the Flnanckl Statements for the year ended 31 December 2024 1.6 Fund 0yrting Un¥estri¢talfundsarea¥allableto spwd on tIvItIesthat firthuYofthepurpo$eSofthechariIVaSdetrn1ned by thetrusteas. DRnat hjndsarea yJbgroupoftheunresErictth4fundsofthe¢harity. vthtch thetrustees havedldj atthar dixretion toset a5idetOU5elDraspttlfi¢ purpose trict tundsaredonationsand grantswhefethedonor has lfitsltheyarÈtobeused elYfor wt1cu1arar8a50fthechwity%TKk0I1Orspe£ffl¢ projtttsundertkn theCharfty. 1.7 Exd¥tUred brr&obvableVAT EXditIre15rx08n15l oncethwels• requlre))entorconstnJctl¥eobll8¥ionto Makeapryfflt toathlrd p¥ty, it Isprtknablethat s&t1¥ntl1J berquirèj and theamount of theobligationc bemLsured rdS4bly. Expend1tiFre15d1l ur4derthefD$lovrin8lyItyhIl8$. .Co#sof r4singfundscomprisethecost of organlsir4gfrJndrafjngxUtleSd Co$•$%0¢19tedW1ththe Se0f$8tth1rtsandchWltyC1OthIn& -EXdItuTe0n charitableactl¥ltlttincludesthe¢oAsof runnin8therid1n8se5sionsd eDthe tharlty'sponitsand the¢)wrhead costsofprovidingthetacilitie5to¥un theridingstsyon Cxhereyditurerepre5erttsth0ItljlI5rtot fallin8lnto anyother healing. -IrrxLvaablevATischargal45aCOSta8alnsttt1ityf0rhltbeeXpdItYrÈWaslTrcrrO1. 1.8IJlocationof 5UPPOrt C051s pport coslsarethosethatassisttheYKkofthech¥itybut xenotdirertlyaitrlbutabletoddi¥wlngthe¢h¥ltthe¥ttrvit4eL Thryinclude8oNYrnancec05tsd h¥¥ebew ollocatttl to empenditureon charitableacti¥it¢e5a5set out in note8 tothe n•¢i Statewt& 1.9Tanwblefixed assets JI hoTse50wned bYthechtyareCaPital1S atC05tand depreclol ¢)wthefjrworkln8li¥es¥thtrch tstaken tobeuntil the¢are20yearsoJd. Otherfixa4 &sdS¢O&tin8moreth• El.SOO arecapitaisal atC05t and depreciated overthe estlmated usthjl economlc li¥esa5followtr.- Ltssehold Impro¥nents - IOywsor20ys line Plantand MhIftery- Ioyws SIrht line Hoises-(kn astr•Rht linebas0¥erth•rworllI¥e5takentoUntlltye2o Equipment-5 yearsand Iom A Tai8ht linÈ Fixture5and Fittings-s straight line I.IOStotk stocki5includat thelower ofcostor net rdisablevalut Oonated Itemsofstockarero8iS&l3tthQr trvalue which istheanount thecharitywould havebeen willingto payforthe itemson theopen market. 12
Barrow Farm Riding for the Disabled Limited ReFYt and Financial Statements For the year to 31 December 2024 ando Notesto the Financial Statements for the ar ended 31 December 2024 1.11 Oebtors Tfadeand othw debtorsarere¢ogn4stt1 atthe5ettlement ountdueafteranvtradediQUntQff. PrepJfft)ffits arevaluedat theamount prepaid net of anytraledixounts. 1.12 Cash at bank¥d in hand Ca5hat bkand in hand intludtssh. current¥nd 5hortterm noticeswing5xcountswithUX bank 1.13 Cr£btorsand prov4SiOnS Crulbtors and provisionsreCOgnFsl wherethecharityha5apresent obligation reyjltingfrom a past e4ent that will probably rlt in thetransteroffvndstoathird p¥tyand theanountdueto 5Ltleiheobli8atton can bemeagjr or estimated rdiably. CralitOT5and prow5ion54renormallyrKO8ni at tharsettlement amount aftwallowin8lor anytradediscount& 2. iEGAL STATUS OF THE CFIARITY Thechwityisècompanylimitgj byBuaranteeand hasno share¢apltl. Thellabllityofe•ch m•nber in thetdent of windin8upls limit to £1. 3. INCOME FROM DONATIONS. GRANTS AND LEGAaES Unrestrirted Restrlcted fEmds 2024 Total fuThts 2024 Total f5 2023 2024 c)nations 8rKI legades Re¥errt grants 1,445 ),445 213,540 273,985 85A18 106,040 191,858 213,540 213,540 f,445 4. CII4RITA8tE A1VITIEs UnrÈ5trirted fu 2024 T¢Xzl fuwMIs 2024 Trtal furK15 2023 Riding fees Cathage Dri# fee5 Thec*y lessons Tea wlth a P Other equine athTAties f4).953 8,151 3,533 1,407 2,418 76,462 fKI,953 8,151 3,533 1,407 2,418 76,462 52261 6,501 1,375 1.180 2,203 63,520 5. INCOME FROM OTHER TRADING A1VITIEs Unrestrirted fund5 2024 Total fund5 2024 Tgtal funds 2023 Fund¥als1 irtome Premises hire Liry fees Refre5hment5 Shop aThJ tack sales 11,647 5,206 4,380 855 1.231 23.319 4,730 4,730 4,3 Ic 1,662 14.320 1,662 14.320 13
Barrow Farm Riding tor the Disabled Limited Reiwt and Financial Statements For the year to 31 December 2024 gando Notes to the Flnancial Statements for the year ended 310ecember 2024 & INVESTMENT INCOME AJlthecharitysin¥ment incomeof £6.12512023 É3.406larise5from n40nw held in interest bwingdeposit xcount& 7. OTHER INCOME Othtr irtome is wofit rm the 5abe of a mk trailer. . ANALYSIS OF EXPENryTURE ON RITABLE ACTIVITIES Unrestrirted Restricted f)d5 funds 2024 2024 Tc¢al fuYK 2024 Trtal funds 2023 Payroll costs If 151 Staff related c(bts Vrteer costs RefrEshments Feed and trR<kli Faffier GTc#xni Veterinary fees and Fthjsirfhera Sales IiNry Yard cat expensès Tack aThl rldirva hats Props ridi a1 trainlrvJ aThl C(ntItI Eqwpment Heat aNI Ilght Business Rate5 Rent Water Pr(wty rèpair5 arxl maintenan Mathinery, hiCle aThJ carriage maiirtenance Transport and tra1 IrUlanCe SubsuiptfiLMS and Ilcènce5 Phcffie, postage aThJ corn115 Acccrtmtsy and legal Bank char8è5 Fees waived and wrltten (¢1 Surth expenses Depreciati( ,587 1,472 1,273 711 11,031 4,752 676 4.224 ,183 170,770 1,472 1.273 711 19,595 163,555 2,431 775 1,545 16.791 7,975 285 10,118 2,613 676 2J22 704 1,662 2,235 3,449 1,117 2,312 3,786 1,179 2,403 6,129 1,247 1,740 554 15,296 8,971 1,179 2,403 3.955 1,247 1,740 554 io.osi 5,789 1,485 5,121 1,546 2.174 1,280 I,Joo 765 33,342 8,248 1,586 4,805 878 1,466 2,963 112 1.986 5,245 3.182 5,121 695 177 1,366 32 7.770 155,597 1,562 177 1,366 32 21,268 286,645 13.498 131.048 23.694 3(M),686 9. RELATED PARTY TRANSACtIONS Iring the year. notrustees Teceibpd any remuneration,12023- £nil1. Jrlng the par. no trustees receid any benefits in lind12023 - £nill. Uwthr the ternis of the iJwritVs premises lease, Lme tnJstÈe recet¥ed rent of £1.740 in 202412023- £1.[1. Aggre8ate trustee (knati£m5 duFire the ytar were £49)12023- £1,088). 14
Farr4 Barrow Farm Riding for the Disabled Limited Report and Financial Statements Fcy the year to 31 December 2024 94ndO Notesto the Flnancial Statements for the yèar ended 31 December 2024 10. TANGIBLE FIXED ASSETS Vehicles, Leasehdd Plant arKI Imwryrnents Machlnery Equlpment Fixtu5 Totsl COST Wfwd at l January 2024 A(Jditions ilsposals At 31 frnbel 2024 286.607 66,402 9.296 4.(Kx)I 71,698 31,450 1.193 395,460 9.296 10.3(KJ 394,456 286.607 25.150 9W8 1,193 Df PREOATION b1 at l January 2024 Char8e for the yeai ' DEpreCIati( rffi di5p)sals At 31 tmber 2024 180,240 14302 58.397 3,574 12,587 1.685 933 13.339 1.193 440 20,iX)I 14.933 275,973 194.542 57,971 8,928 1.193 NET BOOK VALUE blfwd at l January 2024 tlfwd at 31 tcember 2024 106.367 92,065 8,(K15 13.727 18,863 11,811 1.320 134,555 118,483 Purchased with Umestrlcted ftwd5 Purchased wlth Re5tFirted funds 22,004 70,061 92,065 10,229 3,498 13,727 6.633 5,178 11.811 39.746 78,737 118,483 ' In aisjitiort a loss of £1.267 was made (th a hse sale in 2024. and is Imlthjed In the annual deweciation dwrge. 11. DEBTORS 2024 2023 Debtors Prepayments 2,194 2,746 4.940 2.774 7,318 12. CREDITORS FALLING DUE IN ONE YEAR 2024 2023 Accruals and Deferred Intome Ta& National InsurarKe and pensions 6.532 2,795 9.327 7,105 3.272 10.377 STATEMENT OF FUNDS 13. UNRESTRICFED FUfrIDS 2024 t5ignated Fund 2023 Trtal Totsl Unrestrfct¢d Unrestricted General Fund5 Total brought forward at l January Transfers between FuThJs in the year SLbrptusllDeficitl for the year Totsl carried fopard at 31 tcembeT 106,273 186.273 192.951 263 106,536 6,678 186,273 186,536 15
Barrow Fami Ridingfor the Disabled Limited Report and Financial Statements For the year to 31 December 2024 Notes to the Flnènclal Statements for the ar ended 31 Oecember 2024 14. RESTRicfED FUNOS At 01-Jan 2024 At At 31-Dec 31-Cec 2024 2024 Flxed assets Cash at bank At 31-Dec 2024 TLrtal furmts fd$ Indoorschod Rdvrb1shMt Stable5proje¢t Woodland Path-knon5 W¢Jodland Path-INatLot. CLA Trnstl tdoorlsena pro1t Iwiou51 ie•&ingarn proittt-sr Pet¥011 Carria8eproje£t Trxtorfund Ivariousl Horse.Company ofTobacco Blenders 42.791 11.328 1.314 5.660 13,6 3.566 1,258 438 970 39,225 10,070 876 4,690 10,200 364 1.2PAI 2,898 I,C157 470 213 135 372 Hor-(JEFoundation Horse-AxisFoundion J&k PetchryAwds Le3thusellws-h0rsetrnin1 Fowlersmith TfVSt-LPearsontexhln8 M Lancaster Ifwy ¢ashireFoundatiOn-TopP f5 EsscKCommunityFund-staff Fowlexknlth &Jone5- DiscretionwyFund NatIOn LotluyCommunityFund-8C lon&Jn & th Ea5t.Topupfoes National LottwyCornmunityFund 4tc London & &)¢Jth East. BnesSman Nationl LOtt¥ComMUnityFund-Rc London & &)wh E¥t-Horsebox M&G.staff 8ruceWakeChwitableTwst Charfes Fmch-St3ff TheChildwlckTrust- HOuPk Chdmsford CityCounCil-HorseX Edward G05tlin8 Endowment Fund Edward fjostlin8Foundation-5taff 2333 2.153 445 445 L51XI 1,693 14,850 59,41Kl 14,VA) 13338 I7,2 28,633 2,7 13.338 13,338 20.sYJ) 3,750 131,678 3,750 131,048 213,540 78.737 135,433 £214,170 rtain fuThts and grant5 receid are $trirted for SrlfIC pww5 aExI the M0Ments d1 thp current par are shcwn aLTht. wt8ryrqs for the year deweciation fTrxed assèts wrchased wlth restrirted ld$. Restrirtèd are elther represented Iyfixed assèts, Ix hèld (ffi deposit at the bank 15. PAYROLL COSTS 2024 2023 Salariès nSk)n5 Salaries wa8e5 National Insuran costs Pension costs IS856 7.658 4,256 170.770 153,083 6,817 3,655 163.555 The ab*rage nter of empl¢)yees in the yEar eThled 31st DeMtl 2024 was 3 full time aml 5 part time. Of totsl emduments of £170,770, number of empltrrfees In receipt £60,(XKI mare Is rKJne. 16