CHARITY REGISTRATION NUMBER: 1141356 The Healing Horse Sanctuary Unaudited Financial Statements 30th June 2024 GRIFFITHS AND PEGG LIMITED Chartered Accountants 3 Hagley Court South Waterfront East Level Street Brierley Hill West Midlands DY5 1XE
The Healing Horse Sanctuary Financlal Statements Year ended 30th Junfr 2024 Pages Trustees, annual report Independent examinerfs rep)rt to the trustees Statement of financial activities 1to2 Statement of financial position Notes to the financial statements 6t010 The following pages do not fomi part of the financial statements Detailed statement of financial adivities 12 Notes to the detailed statement of financial aclivities 13
Page 1 The Healing Horse Sanctuary Trustees. Annual Report Year ended 30th June 2024 The trustees present thelr rewt and the unaudited financial statements of the charity fiK the year ended 30th June 2024. Reference and admlnlstratlvé dotalls Registerod charlty name The Healing Horse San¢ary Charlty rgglstration numbor 1141356 Prlnclpal office 22 Ch&Jworth Close Bournville Birmingham B29 4LS The trustges Ms S A Gessey Ms K Shddon Ms A Hosty Ms E Mills Ms A M BrdS5 Indèpendent examlner Mr A A B Gtsinger FCA. of Griffilhs & Pegg Limited, Chartered Accountsnts 3 Hagley C(KJrt South Waterfront East Level Street Briedey Hill West Midlallds DY5 1XE StruGture, governance and management The Healing Horse Sanctuary is a registernl charity constituted by a trus( deed dated 1st January 2011, as amended on 30th July 2018. Trustees are aptx)inted and removwj by a unanimous re501ulion of a meeting of trustees. The charity WdS formerly known as Animal Healing TrusL Objectlvgs and activities The main objeclwe of the chartty is to rescue horses, ponies ané other animals who have be8n egleclsd, mistreated, are ill or in pwr circumstances. homdess or other c(rcumstances where they are in need of hdp, healing arKI protection.
Page 2 The Healing Horse Sanctuary Trustees. Annual Report (condnued) Year ended 30th June 2024 Achlevements and perforniance We have continued to care for our 20 scued h(se$ and wnies. providing for their ongoing n5 such as feed, medicines, housing, v8t, and farrier fees. We use a natural. holistic approach, allowing our horses to live as naturally as possible and f(Kus on kindness, good leadership and exlIent nutrition (including herbal and natural medicine) which rofiects brilliantly in how low our vel bills are and how peaceful our h(SeS are loo. We regularly fund raise to keep the charty running and like to create events that invdve the communty such as Open days, Craft fairs, music events, meditation evenings, food events and family days. We have introduced personal on6 to one experiences. f{ people. children and adults includiw Equine therapy sessions to help children and adults wlh thelr mental and emob.onal well-being. We are immensely proud of these sessions as we can see the results with people after their personal interaction with a horse or pony and receNO amazing feedback. We have helped grieving families, children In care, children with special needs. adults wilh anxiety and depression, or lacking cOnfeNCe, adults with learning drfficultIes or disabiliiies and more. Not only are we supportlng people with these experiences Financial review The results for the year and the financial l)SitiOn al the end of the year are shown In the attached Financial Stalements. The result for Ihe year and the finan¢ial posibon al the end of the year are shown in the atta¢hed Flnanclal Statements. The trustees. annual report was approved on 25th February 2025 and signed on behalf of the board of trustees by.. Ms S A Ge5sey Trustee
Page 3 The Healing Horse Sanctuary Independent Examiner's Report to the Trustees of The Healing Horse Sanctuary Year ended 30th June 2024 I report lo the trustees on my examination of the financial slalemenls of The Healing Horse Sanctuary {'the charily'l for the year ended 30th June 2024. Responsibilltles and basis of report As Iruslees of the charity you are responsible for the preparation of the financial slalements in accordance with the reouiremenls of the Charities Act 2011 {'Ihe Act'}. I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my exarnin8tion I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent examlner's statement I have completed my examination. I confirm that no material matters have corlle to rlly attention in connection with the examination giving me Cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act., or the financial sl8tements do not accord with those records., or the financial ststemenls do not comply with the applicable requirements concerning the form and content of accounts sel out in the Charilies (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other mallers in connection with the examination to which allenlion should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. Mr A A B Grainger FCA, of Griffilhs & Pegg Lityiled, Chartered Accounlanls Independent Examiner 3 Hagley Court South Waterfront East Level Street Brierley Hill Wesl Midlands DY5 1XE 25th February 2025
Pag8 4 The Healing Horse Sanctuary Statement of Financial Actlvlties Year ended 30th June 2024 2024 Unrestricted funds Total funds Totsl funds 2023 Income and endowments Donations and legacles Total Income 110,449 110,449 110.449 63,655 110,449 63,655 Expenditur8 Expendllure on charitable actwities Total oxpendtture 11JO,656 100.656 50,378 100.656 100,656 50,378 Nèt In¢ome and not movement In fund5 9.793 9,793 13,277 Rèconclllation of funds Tot21 funds brought forward ToLIl furKls carried forward 16.671 16.671 3,394 26.464 26.464 16,671 The statement of financial activlties includes all gains and losses reccgnlsed In the year. All income and expenditure derive from continuing acbvities. Tho notos on p•ges 6 to 10 forni part of these financlal statements.
Page 5 The Healing Horse Sanctuary Statement of Flnanclal Posltion 30th June 2024 2024 2023 Current assets Cash at bank and in hand 27,454 17.661 Creditors: amounts falllng due wlthln one year Net current assets 10 (990} 26,464 26.464 1990} 16,671 16,671 16.671 Total as56ts less current liabilities Net assèts 26,464 Funds ofthè charfty Unrestricted funds 26,464 26,464 16,671 16,671 Totsi ¢harity funds 11 These financial statements were approved by the ix)ard of twslees and authorised for issue on 25th February 2025, and are signed on beha of the b02rd by.. Ms S A Gessey Trustee The notes on pages 6 to 10 fomi part ofthese financlal statem•nts.
Page 6 The Healing Horse Sanctuary Notes to the Flnanclal Statements Year ended 30th June 2024 General inforrnatlon The charity is a public benefit entity and a regisiered charity In England and Wales and is unincorporat. The address ofthe principal office is 22 Chedworth Close, Boumville, Birmingham, B29 4LS. Statemont of compllanco These financial statements have b8en prepared in mplIance With FRS 102, 'The Finan¢lal Reporting Standard applicable in the UK and the Republic of Ireland,, the Stalemenl of Recommended Practice applicable to chartties preparing their accounts in accordance with the Financial Reporting Standard appllcable in the UK and Republic of Ireland IFRS 102) (Charities SORP {FRS 10211 and the Charities Act 2011. Accounting pollcles Basis of preparatlon The financial slatements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and lbilItieS and investment propwtie3 measured at fair value through income or experKliture. Going concom There are no material uncertainties abrt the charity's ability to c(Mtinue. Di$¢losure exemptions No cash flow slatement has been presented for the company. Judg8ments and key sources of estimalion uncertainty The preparation of the financial slatemerbts requires management to make judgements, estimates and assumptions that affect the amounts retthed. These estimates and judgements are continually reviewed and are based on experience and other factors. induéing expectations of future everrts that are believed to be reasonable under the circumstances. Fund accountlng Unrestricted funds are available f(K use al the discrebon crf the trustees io fvrther any of the charty's wrposes. Designated funds are unrestricbj fvnds oarmarked by the trustees f particular future project or commilmenL Restricted funds are subjected to restriction5 on their experKliture declared by the donor or through the lem7s of an appeal and fall into one of Iwo sub-da5ses.' restricteil income funds or endowment funds.
Pag& 7 The Healing Horse Sanctuary Notes to the Financial Statements (¢onUnue4 Year ended 30th June 2024 Accountlng polieles (conlrnuedl Incoming resources All Incoming resources are included in the statement of financial activities when entiuement has passed lo the charity., it is prchSable that the economic benefits associated with the transacllon will fflow to the charkty and the amount can be reliab measured. Th8 followng poliCS are applied to particular categories of income.. incom8 frorn donations (K grants 15 reniSed when there is evidence of entlement to the gift, receipt is wobable and its amounl can be measured reliably. legacy Income is recognised when rlpt is probable and entitlment is established. income from donated go$ is measured at the fair value of the g(x)ds unless this is Impractl¢al lo measure rel18y. in which case the value is derived from the cost to the donor or the estimated resale value. Donated fll$ti0S and services are recognised in the accounts when received rf the value can be rella1Y m8a5ur&Y. No am(nts are included for Ihe contribution of general vdunleers. Incom6 from contracts ts the Supply of Savi9 is recognised wtth the delivery of IF Contract service. This is classffied as unrestricted funds unless there is a conlraciual requirement for ti lo be spent on a parbcular purpose and retumed rf unspenL in which case il may be regarded as restrict. Resources exponded Expenditure is recogvised on an accnjals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, ond is ciassified urKier headings of the statement of financial activities to which it rdales.. expenditure on raising funds indudes the costs of all fundraising activities. events, non-charitable trading activities. and the sale of donated g¢ds. expenditure on charitable activities includes all costs inoJrr&Y by a charity in undertaking activitie5 that furthw its Charitable aims fcK the benefit of its beneficiaries, including those support costs and costs rdating to the govemance of the charity apportioned to charitable activities. other expendfcure includes all expenditure that is neither related to raising funds for the charty nor part of its expenditure on charitable actwrties. AII costs are allocated to expenditure catewies refiecting the use of the resource. Direct costs attributable lo a single actwity are all(Kaled directly to that activity. Shared costs are apportioned btheen the activities they contribute lo a reasonable, justffiable and consislenl basis. Financial instrumants A finanal asset or a financial liabilty is rwognIs only when the charity becomes a party to the contractual provisions of the instrument. Basic financial Instnjments are initially recognised at the am¢xJnt receivable or payable induding any rdaled transaction cosis. Current assets ènd current ItabileS are subsequendy measured al the cash or other consideration exwted to be paid or received and not discounted.
Page 8 The Healing Horse Sanctuary Notes to the Financial Stalements (condnued) Year ended 30th June 2024 AGGounting poli¢le8 (contlnu8 Finan¢lal Instruments (condnued) Debt inslruments are subsequenuy measured at amc*tised Ist Where investments in shares are publicty traded or their fair value can otherwise be measured r81iabty, the investmenl is subsequently measured at fair Ve wth changes In fair value recognised in income and expendtLsre. All other such investrnents are subsequently measured at cost less impairment. other financial instruments, induding derivatives, are initially recognised at fair value, unless payment for an asset Is deferred beyond nomial business terms or financ at a rate of interest that is not a market rate, in which case the asset is measur¥1 at the presenl value of the future payments discourrted at a market rate of Inte$t a similar debl instwmenl. Other financial instruments are subsequently measuTrd al fair value. with ary changes recognised in the statement of financial activities. with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at eAlSt or amortiS8d cost are review f¢x objectwe evidence of impairment at the end of each reporb.ng dale. If there is objective evidence of impairment, an impairment loss is recogni1 under the appropriate Fwding in the statement of financial activities in whh the initial gain was recognised. For all equty instruments regardless of signrFicance. and other financial assets that are individually significant. these are asse55ed individually for impairnienL Other financial assets arg either asse8s&d individually or grouped on the basis of similar Clit risk characteristics. Any reversals of impairment are recognIs immedialew, lo the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying arnount would have been had the impainnenl not previously been recognised. Donatlons and legacles Unrestricted Total Funds Unreslricled Total Funds Funds 2024 Funds 2023 Donations Income receiv1 110.449 110.449 63,655 63.655 Expgnditure OD ¢haritsble actlvltles by fund type Unrestricted Total Fund$ Unrestricted Total Funds Funds 2024 Funds 2023 Expenditure on charitable aGtivtb'es 100.656 100,656 50,378 50,378
Page 9 The Healing Horse Sanctuary Notes to the Flnancial Statements {wttinu6d) Year ended 30th June 2024 Expendlture on charitable activtties by &tivlty type A1vitIeS undertaken Total funds direcdy 2024 Totsl fund 2023 Expendtture on charitable acb'vttips 100,656 100,656 50,378 Independent examlnation fees 2024 2023 Fees payable to the independent examiner for.- Independent examination of the financial statements 720 1,050 Staff costs The average head count of employees duTing the year was Nil {2023.' Nill. No employee received employee benefits of me than £60,OLY) duriw the year12023.' Nill. Trustee remuneration and expenses No remuneration or other benefrts from employment wtth the charity or a related entty were received by the trustees.. c 10. Craditors: amounts falling due wlthln one year 2024 2023 Accruals and deferred irKx)me 990 11. Analysis of charltable funds Unrestrictgd funds At 30th June 20 24 At 1st July 2023 Income Expendilure General funds 16.671 110.449 1100,656) 26,464 At 30th June 20 23 At 1st July 2022 In¢ome Expenditure General ftjnds 3.394 63,655 (50,3781 16,671
Pag8 10 The Healing Horse Sanctuary Notes to the Financial Statements (GI) Year ended 30th June 2024 12. Analysls of nel assets bkne funds unreStrted Total Funds Funds 2024 Current assets Creditors less than 1 year Net assgts 27,454 (9} 26,464 27.454 19901 26,464 Unrestricted Total Funds Funds 2023 Current assets Creditors less than 1 year Ngt assets 17,661 19901 16,671 17,6e1 19901 16,671
Page 11 The Healing Horse Sanctuary Management Inforniation Year ended 30th June 2024 The followlng pages do not fomi part of the flnanclal statsments.
Page 12 The Healing Horse Sanctuary Detailed Statement of Financial Activitles Year ended 30th June 2024 2024 2023 Income and endovnnents Donatlons and legacles Income reiVed 110,449 63,655 Total income 110.449 63,655 Expendlture Expenditure on charitable activFtles Rent Rates and water Light and heat InSurar8 oth establishment Legal ancf professional fees Other office costs Hay and feeé Metabolics. supplements and vitamlns Vets fees Farrier 29,5 147 2.447 1,315 35,100 720 2.572 11,056 10,727 5,937 1,045 1,856 16,037 1,413 19,2Q>O 1.335 3,842 3,991 2,690 1,376 S),378 Total expenditure (100.656) 150,378) Nat income 9,793 13,277
Page 13 The Healing Horse Sanctuary Notes to the Detailed Statement of Financlal Activities Year ended 30th June 2024 2024 2023 Expenditure on charitable actlvltigs Expenditure on charitablo actlvilies Activifyes undertaken dir8CtIy Rent Rates & water Light & heat Insurance MislIaneOUS AccountarKy Prlnling, postage & slallonery Hay & feed M6tabolicg, supplements and vltamins Vets fees Farrier 29,5 147 2,447 1,315 35,100 720 2,572 11,056 10.727 5,937 1.045 16,037 1,413 19,200 1,335 494 3,842 3,991 2,690 1,376 100,656 50,378 Expenditure on charitable a¢tivlties 1(h),656 50,378