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2022-05-31-accounts

				Page
Trustees' report				1to 3
Statement offinancial		activities
I3afance sheet
Notes to financial	statements			6to 11
Detailed Statement	of	Financial	Activities	12
Independent examiners		report		13

Registered	Charity	number 1143390	number 1143390
Registered	Office		The Magpie	Centre
			Wallington	Hall
			Runcton Holme
			Kings Lynn
			Norfolk
			PE33 OEP
Trustees			J LCalvert
			R O' Grady
			A Beeston
			C Perriss (resigned		23September			22)
			PSpencer
			C Miles
			D R Bland (resigned		23 November			22)
			Mrs E LCooper (resigned				12August 21)
			P G Mckenna
			N D Olding
			J D Westrop
		(Chair)	8 Ford (appointed		23September			22)
			S Davis (appointed		09	September		21)
		(Treasurer)	C Hitchens	(appointed		25	November		22)
Company	Secretary		PSpencer

			Unrestricted	Restricted	Total	Total
			Fund 2022	Fund 2022	2022	2021
		Notes	f	f	f	f
INCOMING RESOURCES
Charitable activites			69,883		69,883	9,060
Other trading activities			8,254		8,254	3,001
Donations and Legacies			25,134	5,600	30,734	56,638
Grants			66,310	14,808	81,118	98,619
Investment Income
COVID-19 Grants						17,449
Total Income			169,585	20,408	189,993	184,774
RESOURCES EXPENDED
Raising Funds			1,834		1,834	680
Charitable activities			174,946	5,162	180,108	161,440
Total Expenditure			176,780	5,162	181,942	162,120
Net income/(expenditure)			(7,195)	15,246	8,051	22,654
Transfers between	funds
Total funds brought	forward		72,933	18,797	91,730	69,076
Total funds carried	forward		65,738	34,043	99,781	91,730

			Notes		2022		2021
				E	E	6	E
				Unrestricted	Restricted	Total
FIXED ASSETS
Tangible Fixed Assets			7	36,291	15,943	52,234	47,950
CURRENT ASSETS
Debtors			8	15,365		15,365	1,226
Cash at bank and in hand				29,853	18,100	47,953	66,889
				45,218	18,100	63,318	68,115
CREDITORS
Amounts falhng due within		one year	9	(15,771)		(15,771)	(24,335)
NET CURRENT ASSETS				29,447	18,100	47,547	43,780
Total assets less current	liabilities			65,738	34,043	99,781	91,730
NET ASSETS				65,738	34,043	99,781	91,730
FUNDS			10
Unrestncted						65,738	72,933
Restricted						34,043	18,797
TOTALFUNDS						99,781	91,730

fixed assets cont....
Stables	5'/o straight	line
Riding equipment	20/o straight	line
Fixtures and fittings	20/o straight	line
Horse box	20'/a straight	line
Computer equipment	20/o straight	line

		2022	2021
Depreciation	-owned assets	11,267	11,691
(Profit)/Loss	on dispoal offixed assets	6,125	880

			Unrestricted	Restricted	Total
			Fund	Fund	Funds
			f		E
Income and Endowments		From
Donations	and legacies		56,638		56,638
Charitable	activities
Donations	for riding		9,060		9,060
Grants			78,750	19,869	98,619
COVID-19Grants			17,449		17,449
Other trading activities			3,001		3,001
Investment	income		7		7
Total			164,905	19,869	184,774
Expenditure	On
Raising funds			680		680
Charitable	activities		138,117	23,323	161,440
Other
Total			138,797	23,323	162,120
Net Income/(Expenditure)			26,108	(3,454)	22,654
Reconciliation of Funds			18,957	(18,957)
Total funds	brought forward		27,868	41,208	69,076
Total funds	carried forward		72,933	18,797	91,730

7.Tangible Fixed A	ssets
				Buildings	Toilets
				and	and
				gazebo	portacabins	Stables	Horses
				f	f	f	f
Cost
At 1stJune 2021				10,501	8,153	16,417	18,200
Additions							16,000
Disposals							(8,500)
At 31st May 2022				10,501	8,153	16,417	25,700
Depreciation
At 1stJune 2021				2,940	8,134	8,209
Charge for year				2,021	19	821
Depreciation on Disposal
At 31st May 2022				4,961	8,153	9,030
Net Book Value
At 31st May 2022				5,540		7,387	25,700
At 31st May 2021				7,561	19	8,208	18,200
				Fixtures
		Riding		and	Horse	Computer
		equipment f		fittings f	box f	equipment f	Total f
Cost
At 1stJune 2021		37,106		6,451	14,000	1,953	112,781
Additions		7,580		471			24,051
Disposals							(8,500)
At 31st May 2022		44,686		6,922	14,000	1,953	128,332
Depreciation
At 1stJune 2020		28,959		6,301	8,400	1,888	64,831
Charge for year		5,339		234	2,800	33	11,267
Depreciation on Disposal
At 31st May 2021		34,298		6,535	11,200	1,921	76,098
Net Book Value
At 31st May 2022		10,388		387	2,800	32	52,234
At 31st May 2021		8,147		150	5,600	65	47,950
8.Debtors: Amounts	Falling	Due Within	One	Year
						2022	2021
						f	f
Debtors						14,341	265
Other Debtors							541
Prepayments						1,024	420
						15,365	1,226

								2022	2021
								E	E
Purchase	Ledger							2,006	6,688
Accruals								480	480
Social Security								992	329
Pension								24	178
Payments	on	account							1,660
Wages								1,019
Deferred	income - Lottery			Funding				11,250	15,000
								15,771	24,335
10.Movement			in Funds
					At	Incoming	Resources		At
					01/06/2021	resources	expended	Transfers	31/05/2022
					E	E	E	E	E
Unrestricted		funds
General fund					72,933	169,585	(176,780)		65,738
Restricted	funds
Restricted	fund				18,797	20,408	(5,162)		34,043
Total Funds					91,730	189,993	(181,942)		99,781
Comparative		for	movement	in funds
					At	Incoming	Resources		At
					01/06/2020	resources	expended	Transfers	31/05/2021
					E	E	E	E	E
Unrestricted		funds
General fund					27,868	164,905	(138,797)	18,957	72,933
Restricted	funds
Restricted	fund				41,208	19,869	(23,323)	(18,957)	18,797
Total Funds					69,076	184,774	(162,120)		91,730
									Page 10

				At	Incoming	Incoming	Resources		At
			01/06/2021		resources		expended	Transfers	31/05/2022
				6			6	E	6
Restricted	Fixed Assets			14,047			(2,854)	4,750	15,943
Private Donor 1						2,000			2,000
Private Donor 2						3,600			3,600
CIN						9,558	(800)		8,758
Morrisions						1,000	(508)		492
Didymus						3,250			3,250
6 Watling						1,000	(1,000)
Toyota Sport				4,750				(4,750)
				18,797		20,408	(5,162)		34,043
Toyota Sport		—Forthe purchase		ofa new horse
Private Donor 1		—Forthe purchase		of a new horse
Private Donor 2		—For the purchase		of a new horse
CIN		- For lessons on Tuesday's			for under	18's
Morrisions		—For protective	clothing
Didymus		- For EALT
G Watling		- For resurfacing	the indoor arena

			Restricted	Unrestricted	Total 22	31/05/2021
			6		E	f.
Income And Endowments
Donations and legacies
Donations			5,000	23,986	28,986	53,850
Gift aid			600	1,148	1,748	2,788
			5,600	25,134	30,734	56,638
Grants
Grants			14,808	66,310	81,118	98,619
CQVID-19 Grants						17,449
			14,808	66,310	81,118	116,068
Other trading activities
Fundraising events				8,254	8,254	3,001
Investment income
Deposit account interest
Charitable activities
Donations for riding				69,883	69,883	9,060
Total incoming resources			20,408	169,585	189,993	184,774
Expenditure
Raising donations	and	legacies
Fundraismg expenses				1,834	1,834	679
Charitable activities
Direct Pony Costs			508	31,847	32,355	31,862
Pony insurance				13,795	13,795	10,867
Wages			800	79,152	79,952	67,223
Employers Pension				1,014	1,014	1,007
Staff Training				348	348	1,415
Rent and rates				9,275	9,275	9,273
Light, Heat & Power				1,807	1,807	913
Insurance				3,662	3,662	6,144
Repairs and Maintenance			1,000	7,612	8,612	8,696
Telephone				519	519	446
Printing, Postage and Stationery				359	359	310
Trade Subscnptions				748	748	688
Leases				1,780	1,780	3,050
Waste Collection				338	338	524
Motor Expenses				2,935	2,935	1,981
Travel and Refreshments				1,957	1,957	696
Advertising				1,009	1,009	105
Accountancy Fees				373	373	1,086
Consultancy Fees				309	309	'1,162
Legal Admin				416	416	316
Bank & Paypal Charges				420	420	282
Card Charges				69	69	69
Depreciation			2,854	8,413	11,267	11,691
Loss on sale oftangible		fixed assets		6,125	6,125	880
Bad Debts				170	170
Sundries and other	costs			14	14	275
			5,162	174,466	179,628	160,961
Support costs
Finance
Accountancy				480	480	480
				480	480	480
Total resources expended			5,162	176,780	181,942	162,120
Net in«orna/(expenditure)			15,246	(7,195)	8,051	22,654
						Page 12