## 

## 

## 



## 

## 




## 

## 

## 

## 

## 

## 

## 



## 

## 



## 

## 

## 



## 

## 



RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF RIDING FOR DISABLED ASSOCIATION ABINGDON LIMITED
to17.
The tharltys knJstee8, ￿80 director5 of Rklbffj Ic* Disaw As*oraotKsn ￿rydon Lirnitad Iho
puw•s el compgrsy kgw. are for the prtyarnkn of fin8ndal 51aternonty. Th• Iruslaés ¢￿SId￿r
that an is fiot requir•d f￿ t￿ ur*Jar 8ae4¥AI t44121 of tre Ch•thsAct 20111th• 2011 A¢ll •ThJ that
lthpendont •x¥nination k8 nood•d.
lknrK4 rny•df the th81ity Ib rtd * ks ctynp•ny Law L8 elyblo lor indepoThknt
ex8mlnation. It Is my r•woMit4htyto'.
lil e¥amirn th8 finwal slalewts urthr 8•LIKJn 145 Olts 2011 A*.
1111 to th• prc<edur•s in by ts c￿rity undw sect
14515Xbl of tho 2011 N£t.' aThJ
(ui) to Stat• matt•rn to my
BMI• •f Ind•p￿th￿l •xIM￿ w•wl
IAY •x•rnlnakn w•8 rArrb8d e4Jt In •¢¢¢￿￿ tho genoral DirKty*g gr¥en by kn Chonty Ccfflml$•lDn. An
exami￿1￿ indudes o revitrw records kepl by ihe tharty •r#J • of lh6 f*nand
$10t¢moftts wlh r•ttyds. 11 alw wK*Jdes Crffisldernts￿ of•ny unu8Uo1 rt•m• or d￿￿0￿r•S In tho
8tsl•m•ntJ. aTrJ l￿fig •xFlon8tson• frtyn you 0$ trusth85 corthmiThJ Sny such m•tt•rs. Tho
prc¢edw¢8 Unde￿￿en do ￿ mbJ8 91 the evide￿ Ihgt ￿r¥J￿1 be Nuir￿ audrt ènd tthsequenlly n)
OPIn￿n 1$ 9￿en 88 10 ¥%*•thtr lh• fin•￿ts1 Sts¢•rrv4nts pr¢Mni a In* arvj fatr vw. and tho T•￿rt is limilod to
Ind•p•nd•nt •x•mln•V• •t•l•m•nt
In ￿nnects0n ￿ my 6xamlMth)n. m rrW•r has e(¥ne to rny attention..
181 whlth gh•s m• leas￿bkn t￿0 lo thlll in any rnoteri81 r•ipgCtts r•quhm8nl•:
111 to k••p ?cLtsJn￿.TrJ reovds l) #t￿d•￿ 386 of fv knpoth&AL120C6'. 8n¢
lo weporg finweitil 8totorwty aCr￿lY accLwnb"ry r•ccrts, cO￿￿Y wlth tho 8co)unti
requffalr￿nl8 of s•dlM 396 01 tho Cwnl•• Acl 2￿fj orhl vnlh tho m•thods aTrJ prfn*l¢8 of t
$1ot¢rwnt ol R8commerKl8d PrnclKe." I￿Oun￿r¥3 and ReptyUThJ ty Ch•ritie5.'
hove not ￿en rNJl
Ibl to thich. In rny •llenl*x b• dra￿ lo •rth o w¢p•r thjerslandlrffj of lh•
fln•ftoal *thtements to be reached.
A Chapm8n FCA
Chapmw Worth Linwt•d
2 Tha OW E$taie Ywd
H*ah Street
East Henéred
Wan¢ago
Oxlordshlre
OX12 8JY
t(q(Ic)ty-

## 

## 

## 

||Unrestricted|Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2024|2024|2424|2023|2023|2023|
|Notes||E|s|s|€|t|f|
|Incomefrom:||||||||
|Donations andlegacies<br>Charitableactivities|2<br>3|83,180<br>48,049||83,180<br>48,049|125,424<br>41,557|1,800|127,224<br>41,557|
|Othertradingactivities<br>lnvestments|4<br>5|13,810<br>2,208||13,810<br>2,208|21,921<br>670||21,921<br>670|
|Total income||147,247||147,247 189,572 1,800|||191.372|
|Expenditure on:||||||||
|Raisingfunds|6|1,437||1,437|477||477|
|Charitable activities|7|158,526||158,526|129,971|1,800|131,771|
|Otherexpenditure|11|45,666||45,666||||
|Totalexpenditure||205,629||,:t,r*|130,448 1,800||132,248|
|Netincome/(expenditure)<br>movementinfunds|and|(58,382)||(58,382)se,124|||59,124|
|Reconciliationoffunds:||||||||
|Fund balances at1April2023||514,001 2,000||516,001 454,877 2,000|||456,877|
|Fund balancesat 31March<br>2024||455,619|2,000|457,619 514,001 2,000|||516,001|





## 

## 

## 

|||2024|||2023||
|---|---|---|---|---|---|---|
||Notes|t|€|€||€|
|Fixedassets|||||||
|Tangibleassets|13||394,778|||433,088|
|Current assets|||||||
|Debtors|14|5,188||1,943|||
|Cashatbankandin hand||80,990||101,910|||
|||86,178||103,853|||
|Creditors: amountsfallingduewithin|16||||||
|oneyear||(23,337)||(15,940)|||
|Netcurrent assets|||62,841|||87,913|
|Totalassets lesscurrent liabilities|||457,619|||521,001|
|Creditors: amountsfallingdueafter|||||||
|morethanoneyear|17|||||(5,000)|
|Netassetsexcludingpensionliability|||457,619|||516,001|
|Netassets|||457,619|||516,001|
|Thefundsofthecharity|||||||
|Restrictedincomefunds|18||2,000|||2,000|
|Unrestrictedfunds|||455,619|||514,001|
||||457,619|||516,001|





## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

||Unrestricted|Restricted|Tota!|Total|
|---|---|---|---|---|
||funds|funds|2024|2023|
||E|€|s|f|
|Donations and gifts|41,888||41,888|94,899|
|Grants|41.292||41,292|32,325|
||83,180||83,180|127,224|
|For theyear ended31March2023|125,424|1,800||127,224|





## 

## 

## 

||Unrestricted|Unrestrieted|
|---|---|---|
||funds|funds|
||2A24|2023|
||€|€|
|Riding fees|||
|Saleswithin charitable activities|48,049|41,557|



||Unrestricted|Unrestricted|
|---|---|---|
||funds|funds|
||2024|2023|
||€|€|
|Fundraising events|13,810|21,921|



||Unrestricted|Unrestricted|
|---|---|---|
||funds|funds|
||2024|2423|
||E|€|
|Interest receivable|2,208|670|





## 

## 

## 

|Raisingfunds||||
|---|---|---|---|
||2024||2A23|
||€||€|
|Fundraisinq andpublicitv||||
|Otherfundraising costs|1,437||477|
||1,437||477|
|Forthe year ended31March2023||||
|Fundraisingandpublicity|||477|
|Expenditure on charitableactivities||||
||Charitable|Charitable||
||activities||activities|
||2024||2423|
||€||t|
|Direct costs||||
|Charitable expenditure|105,901||94,966|
|Shareofsupportandgovernancecosts(seenote8)||||
|Support|51,607||35,620|
|Governance|1,018||1,185|
||158,526||131,771|
|Analysisbyfund||||
|Unrestricted funds|158,526||129,971|
|Restrictedfunds|||1,800|
||158,s26||131,771|



## 



## 

## 

## 

## 

|Support costs|||||||
|---|---|---|---|---|---|---|
||SupportGovernance<br>costs<br>costs||2424|SupportGovernance<br>costs<br>costs||2023|
||€f||€|f€||t|
|Utilities|3,341||3,341|1,480||1,480|
|lnsurance|4,424||4,424|7,578||7,578|
|Repairs|30,965||30,965|13,486||13,486|
|Telephone|430||430|453||453|
|Fuelandoil|197||197|254||254|
|Justgivingfees|216||216|360||360|
|General expenses|872||872|1,349||1,349|
|Depreciation|11,162||11,162|10,660||10,660|
|Professional fees||'1,018|'t,018||1,'l85|1,185|
||51,607|1,018|52,625|35,620|1,185|36,805|
|Analysedbetween<br>Charitable activities|51,607|1,018|52,625|35,620|1,185|36,805|



## 

## 

|2024|2023|
|---|---|
|Number|Number|
|2|3|



## 

|UnrestrictedUnrestricted|UnrestrictedUnrestricted|
|---|---|
|funds|funds|
|2024|2023|
|ff,||
|45,666||





## 

## 

## 

## 

|13|The charityisexemptfromtaxationon itsactivitie<br> Tangible fixed assets|s because all its income|isapplied for|charitablepur|poses.|
|---|---|---|---|---|---|
|||Leasehold|Vehicles&|Ponies|Total|
|||property<br>€|equipment<br>f,|t|f|
||Cost|||||
||At1April2023|381,752|39,382|59,166|480,300|
||Additions||5,020|13,500|18,520|
||Disposals|||(45,666)|(45,666)|
||At31March2024|381,752 44,402||27,000|453,154|
||Depreciation and impairment|||||
||At1April2023|31,307|15,907||4:7,214|
||Depreciation chargedinthe year|7,635|3,527||11J62|
||At31March2024|38,942|<br>191434||58,376|
||Carrying amount<br>At 31March2024|342.U4|24,968|27,00A|394,778|
||At 31March 2023|350,446 23,476||59,166|433,088|
|14|Debtors|||||
|||||2024|2023|
||Amountsfatlingduewithinoneyear:|||f,|f,|
||Otherdebtors|||3,816|1,943|
||Prepayments and accrued income|||1,372||
|||||5,188|1,943|
|15|Loansandoverdrafts|||||
|||||2024|2023|
|||||€|€|
||Otherloans|||10,000|15,000|
||Payable within one year|||10,000|10,000|
||Payableafterone year||||5,000|





## 

## 

## 

|Creditors: amountsfallingduewithinoneyear|||
|---|---|---|
||2024|2023|
||t|f|
|Borowings|10,000|10,000|
|Othertaxation and social security|1,411|121|
|Tradecreditors|11,926|5,819|
||:,*|15,940|
|Creditors: amountsfallingdueaftermorethanoneyear|||
||2024|2023|
||€|€|
|Borrowings||5,000|



## 

## 

||||Movement in|funds|Movement|
|---|---|---|---|---|---|
||||||infunds|
||l|Balance at<br> April2022<br>€|lncoming<br>resources<br>t€|Resources<br> expended|Balanceat<br>lncomingBalanceat<br>1April2023resouroes31March2024<br>Ef,E|
|Newbuilding fund||2,000|1,800|(1,800)|2,000<br>2,000|



## 

|designated funds which have been|<br> setaside out of unrestricted fundsby thetruste|<br>es for specificpur|poses.|
|---|---|---|---|
||AtIAprillncoming<br>2023resources<br>tf€f,|ResourcesAt<br> expended|31March<br> <br>2024|
|Generalfunds|514,001 147,247(20s,629)||455,619|
|Previous year:|AtIApril<br>lncoming|Resources<br>At|31March|
|General funds|2022<br>€<br>454,877<br>resources<br>€<br>189,572|expended<br>I<br>(,r10*)|2023<br>0<br>1g|





## 

## 

## 

||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds||
||2024|2024|2424|
||€|€|€|
|At31March2024:||||
|Tangibleassets|394,778||394,778|
|Current assets/(tlabilitles)|60,841|2,000|62,841|
||455,619|2,000|457,619|
||Unrestricted|Restricted|Total|
||funds|funds||
||2423|2023|2023|
||t|f|t|
|At3{March 2023:||||
|Tangibleassets|433,088||433,088|
|Current assets/(liabilities)|85,913|2,000|87,913|
|Longterm liabilities|(5,000)||(5,000)|
||514,001|2,000|516,001|