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2023-03-31-accounts

Charity registration number 1141360

Company registration number 07523120 (England and Wales)

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RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

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_ RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED

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LEGAL AND ADMINISTRATIVE INFORMATION

"Trustees

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Mre A Barlow MBE fdrs © M Towers

Mr B Mitchell ‘Mrs S Taylor hrsMs VJ GriffithsDoughty .

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(Appointed 24 February 2023)

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Charity number

Company number

1141360

07523120

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Registered office ©

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Grove House Stafion Read Grove Wantage Oxfordshire OX412 7PE

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Independent examiner

Chapman Worth Limited 2 The Old Estate Yard High Street - East Hendred Wantage Oxfordshire OX12 8JY

RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED

CONTENTS

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Trustess' report 1-4
Independent examiner's report §
Statement of financial activities 6
Statement of financial position 7-8
Notes to the financial statements 9-18
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RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) — FOR THE YEAR ENDED 31 MARCH 2023 | The trustees present thelr annual report and financial statements for the year ended 31 March 2023.

The accounts have been prepared in accordance with the. accounting policles sat out in note 1 to the accounts and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Prectice annticable to chartiles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as amended for accounting periods commencing from 1 January 2016).

Objectives and activities . The charity's objects are to provide horse riding activities for disabled people from its present premises and to continuecontinue to ralse funds In support of those activities. The policies adopted In furtherance of these objects.are to to have the support of both paid staff and volunteer heipers and inere has been no change in these durlng the year. ; Public Benefit Statement . . TheTrustees have pai due regard to guidance lssued by the Charity Commissicn in deciding what activities they should undertake. . : During the year, Riding for Disabled Association Abingdon Ltd has carried out Its duty with regard to the objectives of the charity and to public bansfit. : |

Achievements and performance

Weil, what a strange year this has been, and what a rewarding year it has also been. Weather wise we had no Idea what te expect next with storm Eumice battering our Centre in February, followed by the hottest and driest. summer we had ever known. Our horses hed no lovely summer grass, Just winter hay, which, of course did not haip our finances, Our horses anc ponies came and went It was with great sadness that we had to say goodbye to Candy and Mr, workingBrown, both of whom had done a magnificentjob for our riders over very many years. Thisis the worst of horse dentist's with animals.family, andJasper,their donkey.another great favourite with the small children, retired anc went to live with our However, during theyear others have joined us including “the minis”, Freddie and Mannaduke”, who will be dolng therapy work with chidran who, for ons reason or another are unable to ride, and with adults with dementia. This has proved to be enormously successful in other Groups, and we are-most grateful to Sue and. David Wakam who pay for the mini’s keep, and spend hours working with them. Janine, -one of our.Coaches is going to head working with Marmaduke and Freddie. : ; Skyanotherand Malcolm retumedto us duringthe year, and others new to the fold are Bobby, Arthur, who is on loan, should comeMinnie,Intonowwork knownin theasnewMinnieyear,Mouse,and DuchessMay, andwillDuchess.work withBobbythe staffis andin work,start MinnieRDA workMousewhenandsheMayis ready, and reaches her 5" birthday. Duting the course of the year we welcomed 5 new Coaches, which has made a huge difference to what we can achieve. Very grateful thanks go to Alice Summersbee for the enormous amount of work she cid to help these 5 coaches through the RDA Coaching Pathway. We now have 20 Coaches, all teaching at least one lesson a week, which is amazing. 4 of our Coaches qualified to teach jumping, 30 we are now officially a jumping and an endurance Group to add to the riding. Jennie joined our staff team early in the year, and in November became acting yard manager, whilst Iris is on maternity leave, Julia also joined the team to help out whilst Iris is away. This conveniently fell into her gap year before going to und. Thank you, Julia for stapping into the breech. —

RIDING FOR DISABLED ASSOCIATION ASINGDON LIMITED TRUSTEES’ REPORT (CONTINUED)(INCLUDING DIRECTORS’ REPORT) FOR THE YEAR ENDED 31 MARCH 2023 , Ia Thanks to Sarah Barlow we had another enormously successful Food Fair In April, which is now well known as a great day out for the famity, and inspite of competion in Wantage marketplace, made a record amount for the Group. .

We were, once again the beneficiaries of the car park charges at Kingston Bagpuize House for the Rare Plant . Sais and are very grateful to Ginny Grant for this annual donation. For the first time 2 of our horses visited this event and were very popidar. This was followed by our own Plant Sale + Car Boot Sale and general open day. Once again, many thanks to Sarah and Mark Wikinson, and Sharon Chowns. for organising a lovely and profitable avent.

Our grateful thanks again go to Sharon. for her amazing organising skils in once again, building a fantastic tearn fo halp at the Blenhelm Horse Trials, and many thanks to all those volunteers who turned out to help us ralse nearty £6,000. This was our second yeas. and our thanks go to the Jockey Club for giving us a second go.

December saw the tial run for our arena hire, and we now realise how popular this will be. Many thanks to Alica for the great deal of hard work that she has put into geiting this organised online, and we look forward to making full use of It when we are not using it ourselves. 14 of our riders went to the South Region Show in May, and 10 of them qualified for the Nationa! Championships. As a result of the very hot and dry weather 1 of the National Championship days was cancelled which was very saa. The riders competed in a video compatition later in the yoar.

Afle qualified for the BD ID (British Dreesage intellectually Disabled) Para Championships at Hartpury College — wel! done Alfie. In November we had our first para training day for many years with Anna Mile. Riders who have _ in the past’ been graded quaiify for these training days, and we hope thai ihere will be more to come. 4 of our riders now qualify to compete in para competifions. Many congratulations go to Mia Prowse, who won the National Rider of the Year -this was a great achlevement and very well deserved. Aiso, our congratulations to Alice for baing the runner up in the BBC Make a Difference Ceremony in the Yoluntear Category. Thank you, Alice, for the enormous amount of time and energy you give to thls RDA Group. Some of our horses and the-minis have been out and about, getting used to working it new situations. The minis - have been to two in hand competitions, which was enjoyed by both the ponies and these working with tham. it was a great that 3 of our riders were able to take them in the ring, and 6o participate in somathing completety new. 3 horses have been to visit Natlonai Office where they competed for the first time away from home. 3 more joined the Jubilee celebrations at the Millennium Green in Kinston Bagpuize where they proved to be very popular. We owe an. enormous thank you to all our wonderful volunteers — we now have over 200, which f think must be a national record — most Groups are struggling to find enough. Some of you drive a long way, others come several times a week, and | think you all coma because you Just love H ~ to you all thank you'so much. The great work that we do would not be possible without you.

We have 2 volunteers to whom we owe a huge arnount of thanks. They bulld, they make new and repair old fencing, they fix things that no one. else has a clue how to fix, and they are a joy to work with — Chris and Kevin, Thank you both so much for giving Abingdon Group such worerful support and working so very fard forus. We really do appreciate it, and hope that you will be with us for a long time to come.

Bil Jestico has finaly decided to retire from the Trustees. Ha was our Treasurer for many, many, years and | cannot thank him enough for the huge amount of help he gave to the Trustese and to ms personally. Your abdlty to cope with our finances and not panic was amazing, and you always managed to give me the confidence, even In the most difficult times, that all would be wal. We will miss you on the Trustees, but will Keep In. touch. Thank you so much Bill.

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RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED

TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2023

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Another vote of enormous thanks goes to Sharon Chowns, who after very many years heading our Fund-Raising Team has decided iG rata. Sharon and Jeremy put up with a garage and whole room in their house being taken up with fund raising stuff, and a van that was constantly full to the brim with fundraising equipment etc. Sharon you will ba seriously migsad at all the fundraising events, but we hops that you wil enjey your retirement, a whole new room in your house anc a garage that you can once again use.

In January Me} Applatwood retired from the Trustees. She had been our Group Treasurer since BUl Jestico's retirement, and-we are so grateful to her for all she dki-for us. Victoria. Griffiths very kindly stepped into the breach and as well as offering to take on Group Traasurer, she became e@ Trustee. |

Finally our many, many, congratulations to Iris and Josh on the birth of Freddie on 4 December 2022. We would also like to thank Iris for her great knowledge of horses, for her love of and gift of teaching, for her ability to communicate with all the many people who come through the yard on a daily basis, and for complete understanding of what RDA and our Group arsail about.

Financtal review

Unresiicted donations have Increased from £112,254 to £125,254 and restricted donations have decreased over the course of the year dus to the completion of the arena. All restricted funds generated have been utilised In the current year towards animal welfare.

None of our unrestricted funds have been designated for a specific purpose. Our raserves policy is to maintain readily avallable funds at a level equivalent to elghtean months expenditure. Readily available funds this year exceed thia amount by £317,809. ;

Tha trustees has assessed the major risks to which the charity is exposed, and are satisfled that systems are In place to mitigate exposure to the major Asks.

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: RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED

TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2023 a Structure, governance and management The charity is also a company limited by guaraniea. The governing documents are the Memorandum and Articles of Association, dated February 2011.

The trustees, who are alse the directors for the purpose of company law, and. who served during the year.and up to tire date of signature of ihe financial statements were:

Mrs A Barlow MBE

.Mrs C M Towers

Mr WR Jestico

(Resigned § April 2023)

Mr B Mitchell

Mrs S Taylor . Mrs J Haddinott (Resigned 11 July 2622) Mrs S Wakem {Resigned 25 Saptamber 2023) Mrs J Doughty Mrs S-Chowns {Resigned 17 April 2023) Ms A Summersbee (Resigned 25 September 2023) Ms | Colline-Davis (Appointed 24 February 2023 and resigned 25 September 2023) Ms V Griffiths {Appointed 24 February 2023)

Appointment of new trustees is based on knowladge and sultability, and confirmed at special or annual gensral meetings.

Noneof the trustees has any beneficial Interest in the company. All of the trustees are members of the company and quaranteeto contribute £4 In the event of a winding up.

The

: rt was approved by the Board of Trustess.

Mrs A Barlow MBE

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Trustes =. Dated: oo... cereeneeeee

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE TRUSTEES OF TRUSTEES OF OF RIDING FOR DISABLED ASSOCIATION ABINGDON ASSOCIATION ABINGDON ABINGDON LIMITED

a |report onreport on on the financial statements of the charity of the charity the charity charity for the year ended the year ended year ended ended 31 March 2023, which which are set out set out out on pages.6 to 78. ,

‘Respective responsibilities of trustees and examiner trustees and examiner and examiner examiner

The charity's trustees, who are also the directors of Riding for Disabled Association Abingden Limited for the purposes of company company law, are responsible for the the preparation of the the financial statements. The trustees consider that an an audit is not required not required required for this year under section 144(2} of the this year under section 144(2} of the year under section 144(2} of the under section 144(2} of the section 144(2} of the 144(2} of the of the Charities Act 2011 Act 2011 2011 (the 2011 Act) and that an independent examination examination is needed.

Basis of independent examiner's report

My examination was camted out in accordance with the gsneral Directions given by the Charity Commission. An exammation includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those raconds. It also includes consideration of any unusual items or dieclosuras In the financial staiements, and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required In an audit and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report fs Imited fo those matters set out In the next statement .

Independent examiner's statement

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A Chapman FCA

Chapman Worth Limited ‘ 2 The Old Estate Yard High Street East Hendred Wantage . Oxfordshire . OX12 BJY

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RIDING FOR. DISABLED ASSOCIATION ABINGDON LIMITED

STATEMENTOF FINANCIALACTIVITIES STATEMENTOF FINANCIALACTIVITIES STATEMENTOF FINANCIALACTIVITIES STATEMENTOF FINANCIALACTIVITIES ;
INCLUDING INCOMEAND AND EXPENDITUREACCOUNT ACCOUNT
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FOR THEYEARENDED31 MARCH2023
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Unrestricted Restricted Total Unrestricted Restricted Total
. Notes funds
2023
g		 funds
2023
g		 2023
£		 funds
20220
£		 funds
8 8 2022
£		 2022
£
Incomefrom:
Donatione and .
lagacies
Charitable activities
Othertrading		 2
4		 125,424
41,557		 1,800
-		 127 224
41,557		 . . _ 112.254
23,380		 47,097
_-		 169,351
23,380
aciivities
Investments		 4
5		 21,921
670		 -
-		 21,921
670		 28,977
9		 -
.		 28,977
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Total income:
 189,572 1,800 191,372 164,620 47,097
Exsenditure on:
Ralsingfunds 6 477 os 477 370 - 370
Charitable activities 7 129,971 1,800 131,771 114,434 1,000 115,434
Totalexpenditure : 130,448 7,800 132,248 174,804 1,000 115,804
Gross transfers
betweenfunds
Netincomefortheyear!		 year! - - - 78,894 (78,894) -
NetmovementInfunds 69,124 - 59,124 128,710 (32,797) $5,913
Fund balances at 7 April
2022 . 454,877 2,000 456,877 326,157 34,797 360,964
Fundbalances at31
March2023		 514,001 2,000 516,001 ,
454,877		 2,000 456,877

The statement of financial activities inctudes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also compiles with the requirements for an income and expenditure account under the Companies Act 2006,

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RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED

STATEMENT OF FINANCIAL POSITION

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AS AT 31 MARCH 2023 oo

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Notes		 a
Notes		 7 £ 2023 :
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£		 a 9922
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Tangibieassets 42 433,088 388,475
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Current assets
‘Debtors
Cashat bank and inhand		 13 4,943
101,910		 41,628
78,553
Creditors: amountsfallingduewithin : 103,853
:		 00,181
oneyear 15 (15,940) (17,779)
Netcurrentassets 87,913 72,402
Totalassetsleas currentHablilties 521,001 _ AT1,877
Creditors: amounts fallingdueafter
morethanoneyear 16 (5,000) . (15,000)
Netassets 516,001 456,877
Income funds
Restrictedfunds
Unrestrictedfunds		 . 17 2,000
514,001		 2,000
454,877
516,004 456,877

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RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED.

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STATEMENT OF FINANCIAL POSITION (CONTINUED) | ASAT 31 MARCH 2023 |

A RR The company is entitied to the exemption from the audit fequirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2023. The trusteas acknowledge their responsibilities for ensuring that the charity keaps accounting records which comply with section 386 of the Act and. for Preparing financial statements which give a true and fatr view of the state of - affairs of the company as at the end of the financial year and of its incoming resources and application of resources, : Including Its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies 80 far as applicableto the company. Act: 2006 relating to financial statements, The members have not required the company fo obtain an audit of its financial statements for the year in question In accordance with section 476. These financlal statements have been Prepared in accordance with the provisions applicable to companies subject to the small companias regime.

The financial statements were approved by the Trustees ON ..........eeecses

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Mrs A Barlow MBE
Trustee
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Company registration number 07523120

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_ RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED NOTES TO THE FINANCIAL STATEMENTS | FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

Charity information Riding for Disabled Association Abingdon Limited is a private company limited. England by guarantee incorporated in 7PF. and Wales. The registered office is Grove House, Station Road, Grove, Wantage, Oxfordshire, OX12 ts The registered office address is Grove House, Station Road, Grove, Wantage OX12 7PF. The company also registered with the Charities Commission for England and Wales. °

1.4 - Accounting convention

Accounting convention : The financial statements have been prepared in accordance with the charity's Articles of Association, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland’ (“FRS 102°) and tha Charities SORP “Accounting and Reporting by Charltles: Staternant of Recommended Practice applicable to charities preparing thelr accounts in accordance with the Financial Reportmg Standard applicable in the UK and the UK and UK and and Republic of treland treland (FRS 102)" (effective 1 January 2019). January 2019). 2019). The charity Is a Public Public Benefit Entity as defined by FRS as defined by FRS defined by FRS by FRS FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Fiows. .

The financial statements have been prepared in accordance with the charity's Articles of Association, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland’ (“FRS 102°) and tha Charities SORP “Accounting and Reporting by Charltles: Staternant of Recommended Practice applicable to charities preparing thelr accounts in accordance with the Financial Reportmg Standard applicable in the UK and the UK and UK and and Republic of treland treland (FRS 102)" (effective 1 January 2019). January 2019). 2019). The charity Is a Public Public Benefit Entity as defined by FRS as defined by FRS defined by FRS by FRS FRS 102.

The financial stataments are prepared in sterling, which is the functional currency of the charity, Monetary amounts In these financial statements are rounded to the nearest £.

The accounts have been prepared under the historical cost convention. The principal accounting policies adopted are gst out below.

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1.2 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of thelr charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the resticted funds are set out in the notes to the financial statements.

Endowment funds are Subject to specific conditions by donors that the capital must be maintained by the

1.3 Incoming resources

Income is recognised when ths charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that Income will be received.

Cash donations ars recognised on recelpt. Other donations are recognised ‘once the charity has been notified of he donation, untess performance conditions require deferral of the amount. Income tax recoveraive in relation to donations recelved under Gift Ald or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on raceipt or otherwise if the charity has been notified of an Impending distributian, the amount is known, and feceipt is expected. if the amount is fot known, the legacy is treated as a contingent asset .

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RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

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t Accounting policies

(Continued)

1.4 Resources expended

Expenditure is racognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits wilt be required in setttement, and the amount of the abligation can be measured reliably. .

Expenditure is classified by activity. Tha costs of each activity are made up of the total of cirect costs and Shared cosis, including support costs involved In undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contibuta to more than one activity and support costs which are not atiributable to a single activity are @pportioned between these activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent. and depreciation charges are allocated on the portion of the asset's use.

Ail expenditure is included on an accruals basis and [s recognised when there is a legal or constructive obligation t do so.

Charitable activities include expenditure associated with meting Its charitable objectives. This includes the cost of grant making, and direct provision of charitable services.

1.5 Tangible fixed assets ‘Tangibte fixed assets are. initialy measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to wits off the cost or valuation of assate less their residual values over their useful !lves on the following basas:

Leasehold property: 2% straight line Vehicles & equipment 16% seducing balance Ponies 0% straight line

The gain or loss arising on the disposal of an asset Is determined as the difference between the sate proceeds and the carrying value cf the asset, and is recognised in the statement of financial activities.

1.8 impalnnent of fixed assets

At each raporting end dais, the charity raviews the carrying amounts of ite tangible assete to determine whether there is any indication that those assets have suffered an impairment loss. If any such indlcation exists, the recoverable arnount of the asaei is astimated in order io determina the extent of the impairment loss (if any). Oe

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of tiree months or fess, and bank overdrafts. Bank oveidrafts within bomowings In current liabilities, are shown

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RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARGH 2023 oo nnee 1 Accounting policies

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18 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financlal Instruments’ and Section 12 ‘Other Financlal irisiniments Issues’ of FRS 102 ts afl of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrumeni. : . Financial assets and flabilities are offsai, with the net amounts presented in the financial statements, when there is a lagally enforceable right to set off the recognised amounts and there Is an intention to settle on a Ret basis or to realise the asset and settle the fiabilty simuitancously.

Basic financial assets

Basic financial esssts, which Include deblors and cash and bank balances, are initially measured at transaction prica Including transaction costs and are subsequently carried at amortised cost using the _ Sffective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present vaiue of the future receipts discourted at a market Tate of interest. Financlal assets classiled as recelvable within one year are not amortised.

Basic financtal Habilities

Debt instruments are subsequently carried at amortised cost, using the effective interest rata method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers, Amounts payable are classified as current liabilities if payment is due within ane year or fess. If not, they are presented as non-current liabilities. Trade creditors are recognised Initially at transaction price and subsequently measured at armortised cost using the effective interest method. Derecognition offinancial liabilities rental liabilities are derecognised when the charity's contractual obligations expire or are discharged or 2 Donations and legacies

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Unrestricted Restricted Total Total
funda furids - 2023 2622
£ £ £ £
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Donations and gifts 94,899 - 94,899 84,742
Grants 30,525 1,800 32,325 74,609
125,424 1,800 127,224 159,354
For the year endad 31 March 2022 112,254 AT,O97 159,351
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RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

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3 Charitable activities
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Sales within charitable activities

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Ridingfees Ridingfees
, ~ 2023 2022
£ £
44,557 23,380

4 Other trading activities : Fundraising events

Unrestricted Unrestrictad
funds funds
2023 2022
£ £
21,921 28,977

5 Investments

| Interest recelvable

Unrestricted Unrestricted
funds funds
2023 2022
£ £
670 9

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RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED

NOTES TOTHE FINANCIALSTATEMENTS NOTES TOTHE FINANCIALSTATEMENTS NOTES TOTHE FINANCIALSTATEMENTS (CONTINUED) .
FORTHEYEARENDED 31MARCH2023 2023
)
6 Raisingfunds
2023 2022
£ £
Eundraisi
ici
. _ Other.fundratsing costs ATT 370
477 370
Forthe yaarended31March 2022
Fundraising and publicity 370
7 Charitable activities .
Charitable Charitable
acthitles _ activities
2023 2022
£ £
Charitable expenditure 94,966 80,564
Share ofsupportcosts (see note 8}
Share ofgovernance cosis(see.note 3}		 35,620
1,185		 33,360
1,516
131,777 115,434
Analysis byfund
Unrestrictedfunds
Restrictedfunds		 129,974
1,800		 114,434
1,000
131,771 115,434

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RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |NOTES TO THE|FINANCIAL STATEMENTS|(CONTINUED)|||.| |FOR THE YEAR ENDED|31|MARCH|2023|7| |8|Support|costs|or| |'|Support|Govemance|2023 Suppari cosis|Governance|2022|—| |;|£|£|£|£|£| |.| |-|Utilities|1,480|-|1,480|683|oe|BBR| |Insurance|7,578|-|7,578|7453|-|7,453| |Repalrs|13,486|-|43,486|12,267|-|12,267| |Telephone|453|-|453|||316|-|316| |Fuel|and|of||| |Just|254|-|264|34|a|4| |giving fees|360|-|360|537.|-|537| |’|General|expenses|.|.|°1,349|oo|1,349|196.|-|196| |Depreciation|_|10,880|-|10,660|9,374|—|-|9,374| |Rent|-|-|oe|2,500|[os|2,500| |Professional|fees|J|1,485|1,185|-|1,510|4,510| |.|35,620|1,185|36,805|33,360|1,510|34,870| |Analysed|between| |Charitable|activities|35,620|1,185|36,505|33,360|1,510|34,870| |Govemance cost includes amounts paid for|payroll|costs and disclosure|servicas.|:|

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3 Trustees

None of the trustees (or any persons connected with them} received any remuneration during the year, the tTustees had no reimburssd costs. .

Unrestricted donations recelved received from trustees during the year totalled £0 (2022 - £1,665).

10 §=Employees

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The average monthly numberofemployees during the year was: | . . 2023 20ZZ ; Number . Nunnber 3 2 Thers were no employees whose annual remuneration was more than £60,000. Taxation : |

11 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 41988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extem that these are applied to Its charitable objects.

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_ RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

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12 Tangiblefixed assets Tangiblefixed assets ;
; Leasenoki
property		 =-Vehicles&
=aquilpment		 Ponies Total
£ £ £ £
- Cost
At 1 April2022 368,995 29,070 ' 37,966 436,031
- Additions 412,758 40,313 21,200 44,271
At 31 March 2023
;		 : 381,753 39,383 59,166 - 480,302
_ Depreciationand Impairment
ALT Apri 2022 . 23,672 12,882 - 36,554
Depreciation charged Intheyear ; 7,635 3,025 - 10,660
At31 March2023 31,307 15,907 - 47,214
Catrying ammount ,
: At31 March2023 350,448 23,476 59,168 433,086
At31 March 2022 345,322 16,187 37,966 «399,475
4913 Debtors :
.
Amounts failingduewithin		 within oneyear: . 2023
£		 2022
£
Othardebtors 1,943 41,628
14 _Leans andoverdrafts.
. : 2623 2622
£ £
Otherloans, 15,000 25,000
Payablewithin one year
Payable afterone year		 40,000
5,000		 10,600
15,000
18 Creditors:amounts fallingduewithinons onsyear
o 2023 2022
£ £
;
Borrowings
;
Othertaxation and social security		 10,000
124		 10,000
-
Trade creditors
-
Other creditors		 5,819
a
. 15,940

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4h.

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.

RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

,

FOR THE YEAR ENDED 31 MARCH 2023

,
16 Creditors: amounts falling due aftermorethanone year
2023 2022
£ £
;
Borrowings - §,000 15,000

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.

RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED

NOTES TO THE. FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARGH 2023 . .

|

18. Analyals ofnetassetsbatweenfunds Analyals ofnetassetsbatweenfunds
. Unrestricted
funds		 Restricted
funds		 Total Unresticied
-funds		 Resiricied
funds		 Total
. 2023 2023 2023 2022 2022 2022
, £ £ £ é £ £
Fund balances at 34 .
March 2023 are .
represented by:
Tangible assets 433,088 - 433,088 399,475 ; - 399,475
Curren assetes/(liabilities) 85,3143. 2,000 - 87,913 70,402 2,000 72,402
Longtermllabditles (5,000) - (5,000) (15,000) - (15,000)
514,001 2,000 516.001 454,877 2,000 456,877

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