BANK FARM RDA LIMITED REPORT OF THE DIRECTORS AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 111111 AEGCEE6X 29J1112V25 COMPfvMIES HOUSE A13
BANK FARM RDA LIMITED Contents of the Financial Statements for the year ended 31 March 2025 Page Company Information Report of the Directors Independent Examiner's Report to the Trustees Statement of Financial Activities Statement of Total Recognised Gains and Losses Balance Sheet Notes to the Financial Statements 6t08
BATr FARM RDA UMITED Company intormw)n lor the Year ended 31 M¥th 2025 01CtOrS. Mrs RAConev Mrs L E Clarke Secretary.. Ms S 8ainbrid8e (appointed 29 Dernber 20241 Registered Office: Flamsiead Yard Ashley Green Herts. HP5 3PH Operatin8 Location= Aamstead Yard Ashley Green Herts. HP5 3PH Company Registered Number. 07498423 IEn8land and Wales) Re8isiered Charity no.. 1110260 Independent Examiners.. Ad val0M Accountsncy Service5 Limited 2 Marnor Fèrm Crt Old w0ertOn Road Old Wolverton Milton Keyne5 MK12 SNN. 8ankers= HSBC PIC 181 Hi8h Street Berkhamsted erts. HP4 3HQ Finanoal Adwsors.. JM Finn & Co 4 Colman Street London EC2R STA Page I
OANK FARM ftDA UMITED Thernn5&n$arerO W•8frytherb1l0IsSttkn Irfty2141{¥j trrf own1theér. theTntstees thrYdtottr•JxewbH5WtythtChknCwèsty{pjbntÈÉrn DMECTOAS MIS MÉLanelRE4r 13Soptavw Tn4•s)btto1d offK•JrkngthEyt•raRasklbys.' Mr5R ACffie¥ Mr5lCrte Mm E LanÈlResned31w¥J251 l(xttty¥w20241 MtsÉMaCtsgI(R¢¥d 3l•JW202SI IlXlrter2CQ41 11 M1r5den{fte 31Au8uSt3XSI tsout10bjects0FfhElrw3VYAW$dtheDer1 COJrseJsty*trrewsWloriw5rhw4ward. jurtGrdmg. The04iectusbavemThtinuedthe lfvorétttomJimaHIth• IN¢h¢TeNryrAlm Mr51E Ct4rke - IZ K)tsveA&W 2025
REPORT OFTHE INDEPENDENT EXAMINER TO THE TRUSTEES OF WIK FARM RDA UMITED I report to the charity trullees on my examination of the accounts of the company for the year ended 31 March 2025 which are set out on pages 4 to 8. Responslbllllles and basls of report As the charity trustees of the company land also il's directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance the requirements of the Companies Act 2006 I'the 2006 Act). Having saiisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and ar,e eligible for independent examrnation. I report in re5pert of my exarnination of your cornpany'5 accounts as carried oul under section 145 of the Charities Act 2011 1.the 2011 Act'l. In carrying out my exarnination I have folbwed ihe Direciions gn by the Charity Commission under sethion 145 {5llbl of the 2011 Independent examlnerfs statement I have completed my e¥amiDation. I confirm that no rnatters have come to rny attenlion in conneclion with the examinatiofi VIng me cause to believe that in any material respect.. l. accounting ordS were not kept in Tespect of the COMnY as required by section 386 of the 21KJ6 Act. or 2. the accounts do not accord with those record5- or 3. the accounts do not compty wth the accounting requirernents of section 396 of the 2006 Act other than anv requiremeni ihat the accounts give a 'irue and fair whKh i£ not a matter considered as part of an independent examination,. or 4. Ihe accounis have not been prepared in accordance with the methods and principles of the Statement of Recommended Prartice for accounting and reporting by charitie5 applicable to tharitie5 preparing their a¢count5 ir accordance with the Financial Reporttng 51andard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters in connertion with the exarnination to which attention should be drawn in thi5 report in order to enable a proper UndetandIng of the accounts io be rèached. D R Kerins FCCA for and on behalf of.. Ad Valorem Accountancy SeNces Limited 2 Manor Farm Court Old Wolverton Rd Old Wolverton Miiion Kne% MK12 5NN 25 Novernber 2025
BANK FARM RDA UMITED STATEMENT OF FINA14CIAL ACTIVITIES {IndudinK INCOME AND EXPENDITURE AccouKn for the year ended 31 Marth 2025 2025 2024 Note INCOMING RESOURCES Intoming and endowments from.. Lh)nations and IleS Investments Charitable activities Grants Other incoming resource5 14.948 665 7,237 6.SOD 1.315 835 6.820 8.156 Total incoming re%1 EXPENDITURE Charitable activities Other 126.5971 13.5241 121.4871 13.4651 Totsl expendlture Net incominloutgo1ngj resourtes before investmentgains and losses 1.799 5.712 Nèt 8èins/llossesl on investments . 245 S71 Net movement in hjnds 6.283 RECONCILIATION OF FUNDS Total fund5 brought forward 47.381 41.098 TOTAL FUNOS CARRIED FORWARD There are no restricted or designated funds Page 4
.2024 Tarwble a55ets 5.169 20.882 7.412 I61 28W9 CURREIIFASSÉTS t)ebtors and prepayments CvrTertt bafik j$ 2,92Z 499 21247 CREDnORS AmouTrts fathn8du¢thkn orwt 119151 23.4 19332 PESEftVES Unresirfcred fvnd5.' Unresthcied Income lunds li 49A25 47JBI TOTAL FUND5 Themrnpany is to exemptifroffl audittsrknseciiom 477 ofihe CthwsA¢t 2ffj6 frtheye¥e 31 Marth >)25 31 Morth 2025 im accorda Yth Seaion 476oftheCtywie5Art2 lal en5urin8thatthe Comp keeps tIreCordS trAryith5ecbC•7$ 386 and 387 of tre. Comparties Act 2(K6 and Ibl WeparIn8finaal stemerbtswW geatrue trY1vO1the s#ofaffats5 of rtsmwy as atthe end ofeath ffinanoalw¥arKI of itsprofft ortoss loreachfifvd wrin aCtord4rtewiththe]UIrnerrt5 of Se£tion 394 and 395 Ind otheThite r(wnptywithth¢Tequlrernents of ttCtywnS 2ts)6 rlavn8 ro afitial statements.so far as ts applubletyttc(ffipaAy. The fifiartial statsments have beeThepared In withtheslal prtytskns47FPwt IS ofthecomparies Aci 2w6 rdaiin8to small comp Thefinantial AatewlSeré1pVfftl tythe P4wdoff*¥try5Ilt+r2O25 on Its behaw by.. Mrs L E Oarke- txrertor
BANK FAAM RDA UMITED NOTES TO THE FINANOAL STATEMENT5 fof the year ended 31 hlarch 2025 I. STATUTORY INFORMATION Bank Farm RDA Limited is a private company. limited by guarantee. registered in England and Wales. The tompany's regi5teretl number and offKe can be fotsnd on the company inforniation page. The presentation currency is the Pound Stertin81£1. 2. STATEMENT OF COMPUANCÉ The charity con5tututes a public benefit entity as defined by FRS 102. The financial statements have been prepared under the historical c05t convention and in aetordance with the Statement or Recommended practice applicable to charities preparing their accounts in actordante with the Financial Reporting Standard applicable to the UK and Republic ol Ireland IFRS 1021 issued in October 2019- Icharities SOAP IFRS 1021 (second edition),. the Charities Act 20113nd the Q>mpanie5 Act 2(. 3. ACCOUNTING POUCIES Goln8 Con<ern The financtal statements have been prepared on a going concern basis as the tTUStees believe that no material uncertainties exist. The twstees have considered the level of fund5 held and the expected level of intome and expenditure for 12 months from the date of zuthorising these finèncial Statements. The budgeted intome and expenditure is sufficient with the level of erveS for the charity to be able to continue as a going concern. Incorning resources and re%Jurcè5 exnded Incoming resources are recogni5ed as soon 35 they are receivable. resources expended as they accrue. Tangible fixed assèts Tangible fixed assets are stated at tost less actumulated depreciation. Depreciation Is charged by reference to original cost at the fdlowing annual rates in order to write off eath asset over its estimated useful lrfe. Ponies All Plant and Equipm•)t - IO% per anhuffi on cost - 20% per annum on cost In¥estrnents Investments are stated in the balance sheet at marketvalue in accordance with recommendations of the SORP. Taxatlon The company is a registered charity and is exempt from taxatbon on its income and capital gains. 4. CHARITABLE ACTIVITIES EXPENDITURE 2025 2024 Pony maintenance and feed Insurance of ponies and equipment Rental of land and buildin8S 18.038 3.059 5.5 12.326 3.661 5.5(X) Paee 6
WIK FARM RDA UMITED NOTE5TO THE FINJ4CIAL STATEMEpif5 ftthe ¥earended 31 M¥th 2025 S. OTHER Z025 2014 ROA subscriptw)n Accounting fees Depreciation 713 567 2.244 681 2,244 6. STAFF COSIS 2025 2024 "rectors remuTheratn and other benefits etc The average nurnber of empktyees was nil12024= nill. No employee was paid emSS0f £60.C(K) during ihe year12024.' Thill 7.TA14GIBIE FIXED A55Ef5 Rldi T•1 cosr At l April 2024 Additions Olsposals At 31 March 2025 2.675 9.365 515 12.555 sis DEPRECIAT1014 At l April 2024 Charge for the per Dlsposa15 At 31 March 2025 17141 12671 14.2141 111731 12151 11031 15.1431 12.2431 981 318 NET BOOK VALUE At 31 March 2025 197 At 31 March 2024 3C 8. QUOTED INVESTMENTS COST OR VALUATION 2025 2024 At l April Additions DisFosals Revaluaiions 20.637 20.066 245 571 At 31 March The OTigiNal tostsof quoted investments were.. 9. DEBTOAS: AMOUNTS FAWNG DUE wmiiN ONE YEAR Z015 2024 Gift aid to be rec¢)¥ered Othei debtors 3.403 241 2.651 271 Page 7
BANK FARM RDA UMITED NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 Mar¢h 2025 10. CREDIYORS: AMOUNTS FALUNG OUEWIThIN ONE YEAR 2025 2024 Accrua15 5.125 1,915 11. RESERVES Unr*stritttd Funds 202S Un$tritt Funds 2024 At l April Movement in year At 31 March 47.381 2.044 41.098 6,283 12. TRUSTEES, REMUNERATIOM During the year. one of the trustees was paid £240 for providing sèNtes to the group12024.. £Nill. This involved leading seSon5 for a group of riders with Special Educational Needs. for which the trustee has specific experience. No trustee reteived any out of pocket expenses_ Mrs R A Coney was paid £5.5W12024.. £5.51XII in rent for the use of land and buildings. At the year end. £1.37512024- £L37SI was due to Mrs R A Coney in respect of this thar8e. 13. FUNDS The eharity has one unrestricted fund. This fund has arisen by a crynbination of legacies. subscriptions and donatio Unrestricted funds can be used in accordance with the charitable objects atthe disuetion of the Trustee& Page 8