2023-05-31-accounts - West Norfolk Riding For The Disabled Association - The Magpie Centre

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		Page
Trustees' report		1to3
Statement offinancial	activities
Balance sheet
Notes to financial statements		6to 11
Detailed Statement of	Financial Activities	12
Independent examiners	report	13

Registered	company	number 07650610(England and	number 07650610(England and	Wales)
Registered	Charity number 1143390
Registered	Office		The Magpie Centre
			Wallington Hall
			Runcton Holme
			Kings Lynn
			Norfolk
			PE33 OEP
Trustees			I LCalvert (resigned	27January 23)
			R O' Grady (resigned	27January 23)
			A Beeston (resigned	27January 23)
			CPerriss (resigned	23September	22)
			ASpencer (resigned	31January 23)
			D R Bland (resigned	23 November	22)
			5 Davis
			G Mckenna
			N D Olding
			J D Westrop
			K Miles
		(Chair)	BFord
			P Ash (appointed 27January 23)
			SWilson (appointed	27January 23)
		(Treasurer)	C Hitchens (appointed 25 November			22)

		Unrestricted	Restricted	Total	Total
		Fund 2023	Fund 2023	2023	2022
	Notes	E	E	E
INCOMING RESOURCES
Charitable activites		72,992		72,992	69,883
Other activities	2	12,453		12,453	8,254
Donations and Legacies		41,643	3,850	45,493	30,734
Grants		52,949	35,395	88,344	81,118
Investment Income		19		19
Insurance		500		500
Total Income		180,556	39,245	219,801	189,993
RESOURCES EXPENDED
Raising Funds		3,371		3,371	1,834
Charitable activities		148,823	39,205	188,028	180,108
Total Expenditure		152,194	39,205	191,399	181,942
Net income/(expenditure)		28,362	40	28,402	8,051
Transfers between funds
Total funds brought forward		65,738	34,043	99,781	91,730
Total funds carried forward		94,100	34,083	128,183	99,781

	Notes		2023		2022
		E	E	E	E
		Unrestricted	Restricted	Total
FIXEDASSETS
Tangible Fixed Assets	7	29,673	23,404	53,077	52,234
CURRENT ASSETS
Debtors	8	11,147		11,148	15,365
Cash at bank and in hand		58,172	10,679	68,851	47,953
		69,319	10,679	79,999	63,318
CREDITORS
Amounts falling due within one year	9	(4,893)		(4,893)	(15,771)
NET CURRENT ASSETS		64,426	10,679	75,106	47,547
Total assets less current liabilities		94,099	34,083	128,183	99,781
NET ASSETS		94,099	34,083	128,183	99,781
FUNDS	10
Unrestricted				94,100	65,738
Restricted				34,083	34,043
TOTALFUNDS				128,183	99,781

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

2.Other Activities
			2023	2022
Fundraising	Events		12,453	8,254
3.Investment Income
			2023	2022
Deposit account interest			19
4.Net Income/(Expenditure)
Net income/(expenditure)		is stated after charging/(crediting):
			2023	2022
Depreciation	-owned assets		9,057	11,267
(Profit)/Loss	on	dispoal offixed assets	(750)	6,125

			Unrestricted	Restncted	Total
			Fund	Fund	Funds
			E	f	E
Income and Endowments		From
Donations	and legacies		25,134	5,600	30,734
Charitable	activities
Donations	for riding		69,883		69,883
Grants			66,310	14,808	81,118
COV ID-19Grants
Other trading activities			8,254		8,254
Investment	income		4		4
Total			169,585	20,408	189,993
Expenditure On
Raising funds			1,834		1,834
Charitable	activities		174,946	5,162	180,108
Total			176,780	5,162	181,942
Net Income/(Expenditure)			(7,195)	15,246	8,051
Reconciliation of Funds
Total funds	brought forward		72,933	18,797	91,730
Total funds	carried forward		65,738	34,043	99,781

7.Tangible Fixed As	sets
			Buildings	Toilets
			and	and
			gazebo	portacabins	Stables	Horses
			f	f	f	f
Cost
At 1stJune 2022			10,501	8,153	16,417	25,700
Additions						9,900
Disposals
At 31st May 2023			10,501	8,153	16,417	35,600
Depreciation
At 1stJune 2022			4,961	8,153	9,030
Charge for year			2,021		821
Depreciation on Disposal
At 31st May 2023			6,982	8,153	9,851
Net Book Value
At 31st May 2023			3,519		6,566	35,600
At 31stMay 2022			5,540		7,387	25,700
			Fixtures
		Riding	and	Horse	Computer
		equipment	fittings	box	equipment	Total
		f	f	f	f	f
Cost
At 1stJune 2022		44,686	6,922	14,000	1,953	128,332
Additions						9,900
Disposals
At 31st May 2023		44,686	6,922	14,000	1,953	138,232
Depreciation
At 1stJune 2022		34,298	6,535	11,200	1,921	76,098
Charge for year		3,284	99	2,800	32	9,057
Depreciation on Disposal
At 31st May 2023		37,582	6,634	14,000	1,953	85,155
Net BookValue
At 31st May 2023		7,104	288			53,077
At 31st May 2022		10,388	387	2,800	32	52,234
8.Debtors: Amounts	Falling	Due Within One	Year
					2023	2022
					f	f
Debtors					11,050	14,341
Other Debtors
Prepayments					98	1,024
					11,148	15,365

								2023	2022
								f	E
Purchase	Ledger							3,735	2,006
Accruals								665	480
Social Security								493	992
Pension									24
Wages									1,019
Deferred	Income - Lottery			Funding					11,250
								4,893	15,771
10.Movement			in Funds
					At	Incoming	Resources		At
					01/06/2022	resources	expended	Transfers	31/05/2023
					E	E		E	E
Unrestricted		funds
General fund					65,738	180,556	(152,194)		94,100
Restricted	funds
Restricted	fund				34,043	39,245	(39,205)		34,083
Total Funds					99,781	219,801	(191,399)		128,183
Comparative		for 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
									Page 10

Details ofthe restr	icted asset fu	nds are as follows;
				At		Incoming	Resources			At
			01/06/2022			resources	expended	Transfers		31/05/2023
				E		E	6		6	6
Restricted Fixed Assets				15,943			(1,839)		9,300	23,404
Private Donor 1				2,000						2,000
Private Donor 2				3,600					(3,600)
CIN				8,758		9,890	(10,471)		(500)	7,677
Morrisions				492			(390)			102
Didymus				3,250			(3,250)
NCF Young Carers						2,155	(2,155)
Lady Hind Trust						1,000	(1,000)
NCF Freebridge						500	(500)
RDA National						250	(250)
British Sugar						350	(350)
NCF Love Norfolk						500	(500)
Masonic Charitable	Fund					5,000	(5,000)
The Clothworkers	Foundation					5,200			(5,200)
The Edward Gosling EGF						10,000	(10,000)
Horseworld Trust						900				900
Bailey Thomas						3,500	(3,500)
				34,043		39,245	(39,205)			34,083
Private Donor 1		—Forthe purchase		ofa	new horse
Private Donor 2		- Forthe purchase		ofa	new horse
CIN		- For staffing, training,			activities, general organisational,			and	horse purchases
Morrisions		—For protective	clothing
Didymus		- For EALT
NCF Young Carers		—For young carers		specifically
Lady Hind Trust		—For EALT
NCF Freebridge		- For TWAP
RDA National		- For TWAP
British Sugar		- For TWAP
NCF Love Norfolk		—For TWAP
Masonic Charitable	Fund	—For core costs
The Clothworkers	Foundation	—For purchase	of	gator
The Edward Gosling EGF		—For operating	costs
Horseworld Trust		—For hay steamer
Bailey Thomas		—For core costs

			Restricted	Unrestricted	Total 23	31/05/2022
			6	6	E	6
Income And Endowments
Donations and legacies
Donations			3,850	40,170	44,020	28,986
Gift aid				1,473	1A73	1,748
			3,850	41,643	45,493	30,734
Grarrts
Grants			35,395	52,949	88,344	81,118
			35,395	52,949	88,344	81,118
Other activities
Fundraising events				12,453	12,453	8,254
Investment Income
Deposit account interest				19	19
Charitable activities
Insurance				500	500
Donations for riding				72,992	72,992	69,883
Total incoming resources			39,245	180,556	219,801	189,993
Expenditure
Raising donations	and legacies
Fundraising expenses				3,371	3,371	1,834
Charitable activities
Direct Pony Costs			17,454	26,170	43,624	32,355
Ponylnsurance			2,121	9,947	12,068	13,795
Wages			14,424	76,924	91,348	79,952
Employers Pension				1,273	1.273	1,014
Staff Training			763	290	1,053	348
Rent and rates				7,250	7,250	9,275
Light, Heat &Power				1,354	1,354	1,807
Insurance				7,071	7,071	3,662
Repairs and Maintenance			2,605	1,793	4,398	8,612
Telephone				727	727	519
Computer Costs				369	369
Printing, Postage and Stationery				559	559	359
Trade Subscriptions				1,874	1,874	748
Leases						1,780
Waste Collection				475	475	338
Motor Expenses				1,105	1,105	2,935
Travel and Refreshments				1,320	1,320	1,957
Advertising				95	95	1,009
Accountancy Fees				300	300	373
Consultancy Fees				2,096	2,096	309
Legal Admin				273	273	416
Bank &Paypal Charges				479	479	420
Other Interest Payable				12	12
Card Charges				69	69	69
Depreciation			1,839	7,218	9,057	11,267
(Profit)/Loss on sale oftangible fixed		assets		(750)	(750)	6,125
Bad Debts				50	50	170
Sundries and other	costs					14
			39,205	148,343	187,548	179,628
Support costs
Finance
Accountancy				480	480	480
				480	480	480
Total resources expended			39,205	152,194	191,399	181,942
Net income/(expenditure)			40	28,362	28,402	8,051
						Page 12