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2025-03-31-accounts

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TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS MANE CHANCE SANCTUARY LTD 1[st] April 2024 – 31[st] March 2025

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A note from the Chair of Trustees

It seems that uncertainty is the prevailing message of our report yet again. The cost-of-living crisis in the UK that has grown since the Pandemic and Brexit, and that was exacerbated by the Russian invasion of Ukraine, has now had a volatile USA government, led by Donald Trump, added to its list of contributors. These really are unprecedented times and sadly the UK government added to the problem by increasing NI on wages therefore adding to the already pressured bills of charities and small businesses. Whilst this does not take effect until next year, the anticipation of pressure on budgets has affected the cost of everything already, with prices rising across the board.

This year we were hugely helped by a legacy and a large, restricted donation that will be set aside for our long-planned community facilities, however our budget for next year anticipates a deficit of £150k. Charities always operate with a certain level of uncertainty as grants, legacies, corporate donations and public donations are never set in stone, however we are pretty adept at following patterns and understanding historic trends. But the volatility of the global economy is instilling so much fear into communities, that estimates based on historic trends are much harder to predict.

Added to this bleak picture is the fact that more and more horses are being abandoned. We are members of NEWC (National Equine Welfare Council) and work closely with them and World Horse Welfare to rescue horses when we are able. This year we were able to give 6 horses a home as a number of our elder equines had passed away. These horses will stay with us until the end of their lives, working in the community when they have been rehabilitated, to help the everincreasing numbers of people who benefit so much from time spent with them.

Mane Chance is expanding and adjusting its’ work in the community. We are aware that there has been a shift in the mental health needs of many young people away from the early intervention that we have delivered so successfully and towards actual therapy as waiting lists have grown out of control. Whilst we continue with our 1-2-1 sessions and our Chance2B programme, we are preparing to expand into Equine Assisted Therapeutic work. This will be a slow process as we have to ensure that we have the correct personnel in place and the correct facilities to deliver the work.

Another aspect of our expansion is that we are preparing to offer Equine Assisted Human Development for adults and also corporate wellbeing sessions. The former will be 1-2-1 and the latter group sessions, where we anticipate that the participants come and work on the farm in the morning and then enjoy a wellbeing session with some of our horses in the afternoon. We have been made aware that many corporates are in need of these sessions in order to tick the Social responsibility boxes for their employee care. We believe that we are very well placed to deliver very effective and enjoyable days in this area and are looking forward to commencing next year.

Despite the economic uncertainty we are now looking at progressing our onsite community facilities. To do this, we have simplified the designs and trimmed off any excess fat. These facilities are very much needed as we look to extend our work, both for our horses and the people we help. The next step is of course to get Planning and then fundraise, but before we could embark on that journey, we knew that our designs had to be taken right back to basics, and we have started that process.

Jenny Seagrove Chair of Trustees

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Contents

A Note from the Chair of Trustees 1
Contents 2
Directors’ and Trustees’ Report 3-5
Achievements and Performance 6-12
Financial Review 13-14
Report of the independent examiners to the Trustees of Mane Chance
Sanctuary Limited 15
Statement of Financial Activities 16
Balance Sheet 17
Statement of Cash Flows 18
Notes to the financial statements 19-25

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Directors’ and Trustees’ Report

The Directors and Trustees present their report and financial statements for the year to 31 March 2025.

The Charitable Company was incorporated on 4 October 2011.

Reference and Administrative Details of the Charity, its Trustees and Advisers:

Mane Chance Sanctuary Limited is a registered charity, registered at the Charity Commission as Mane Chance Sanctuary number 1144144 and has a company registration number 07796432 at Companies House.

The Charity’s registered office is BKL House, 1 Venice Walk, London, W2 1RR and its principal office is Monkshatch Garden Farm, Down Lane, Compton, Surrey GU3 1DL.

Trustees :

The names of the Charity’s Trustees and Directors at the date of this report and those who served during the period are as follows:

Ms J A Seagrove FRSA (Chair) (Appointed on 4 October 2011, reappointed on 15 June 2023) Dr S M Tresman (Appointed on 6 October 2016, reappointed on 8 August 2024, resigned on 8 October 2025) Mrs S Webb (Appointed on 18 January 2018, reappointed on 8 August 2024) Mr J McCarthy (Appointed on 18 January 2018, reappointed on 8 August 2024, resigned on 26 June 2025) Mr N C Potts (Appointed on 30 July 2020, reappointed on 22 June 2022) Ms S Papain (Appointed on 30 July 2020, reappointed on 15 June 2023) Mr C Stuckey (Appointed on 25 February 2021, resigned on 16 February 2025) Mr P Lukac (Treasurer) (Appointed on 2 February 2022, reappointed on 22 June 2022)

Patrons :

S Choudhrie (Founding Patron) Sir T R W Ackroyd. Bt Sophie Christiansen CBE Margrit Coates ITEC MNFSH SBRCP Sara Crowe Beau Dermott Margaret Keys Hilary O’Neil Joe Pasquale Martin Shaw Michael Crawford CBE Mark Curry Lauren St John Wendy Turner-Webster Finty Williams

Directors’ and Trustees’ Report:

The Charity’s bankers are Virgin Money, 6-8 London Road, Unit 5 Peveril Court, Crawley RH10 8JB. The Charity’s solicitors are Bates Wells Braithwaites London LLP, Scandinavian House, 2-6 Cannon Street, London EC4M 6YH.

The Charity’s registered independent examiner is Francis Clark LLP, Sigma House, Oak View Close, Edginswell Park, Torquay, TQ2 7FF.

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Structure, Governance and Management:

The charity is a company limited by guarantee. Our governing document is a Memorandum and Articles of Association, which dates from 2011.

Our governing body is a Board of Directors. The Directors are Trustees of the charity. As of 31[st] March 2025, there were seven directors. The Board holds on average four meetings over each twelve-month period, with at least one meeting on-site.

The decision-making process has been formally set out by the Board in the charity’s Articles of Association. We recognise the value of monitoring and reviewing the effectiveness of the Board and a process of Board review and appraisal is in effect.

We see our prime function as ensuring the good governance of the charity and to this end we focus on matters of policy and general strategy, the approval of plans, the monitoring of progress, financial control and investments. A comprehensive range of policies have been written, approved by the Board and promulgated, and these are reviewed and updated on an annual basis.

Operational responsibility would normally be delegated to a Chief Executive Officer. However, as we do not employ such a person, our General Manager and her team, who answer to the Chair of the Trustees, run the Sanctuary. All decisions and the operational responsibility of the running of the Charity, rests with the Trustees and the Chair. However, some operational responsibility has been delegated to the onsite team: equine related decisions are often made on the ground in the daily running of the Sanctuary in line with our relevant policies.

The Board usually receives two formal reports in advance of every meeting – a report that deals with operational matters at the farm and a report that covers financial and related matters.

Objectives and Activities :

The charity’s mission is well described in our formal objectives as set out below:

i. To relieve the suffering of animals, in particular equines, who are in need of care and attention, by providing permanent or temporary sanctuary, care and treatment.

ii. To provide relief for children, young people and vulnerable people, suffering from physical and/or mental disability, through the provision of managed work with equines in a therapeutic environment, to help meet their needs and to enable them to participate more fully in society; also to increase the confidence and capacity of children, young people and vulnerable people in need of support through interaction with the horses.

iii. To advise and educate the public on matters concerning the welfare of horses and ponies and to set the standard in natural horsemanship.

We seek to fulfil our mission in the following ways:

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Every trustee is aware of the guidance issued by the Charity Commission on public benefit regarding the need for them to exercise their powers and duties for the benefit of the public and every trustee has complied with their duty to have due regard to the guidance on public benefit.

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Achievements and Performance

Animals

We currently have 37 horses at Mane Chance. Over the past twelve months, we have welcomed six new horses to the Sanctuary but also had to make the difficult decision to euthanise six other horses who had all been in our care for many years. At the Sanctuary we offer our horses a home for life and to that end, we do have an aging herd. This inevitably means that we find ourselves in challenging positions when it comes to saying goodbye to animals we have known for a long time. We have a robust euthanasia policy which is centred around the wellbeing of the animal – we work hard with our excellent veterinary team to explore all options of care and treatment for each animal but if their quality of life becomes too compromised and it would not be kind to continue, then we do make the ultimate decision. All animals are euthanised by injection in their fields and tracks, amongst their herd mates – this way, it is calm, peaceful and not stressful for the horses involved – plus it allows the others in the herd that they have been living with to understand the situation and process it themselves.

Berry, Jack, Pudding and Freya were older horses and each,

whilst presenting slightly differently, were struggling with their age. Jack, Pudding and Berry were over 30 years old and had been living with arthritis for a number of years; Freya, whilst younger, had kissing spine – all of them had increasing soreness and pain which could no longer be managed effectively for them. Boo had arrived at the Sanctuary with historical physical and emotional injuries in 2018 – whilst she had settled wonderfully emotionally and had formed close equine and human relationships, she was blighted with a neurological condition that caused sight loss and eventually seizures. We were able to manage her failing sight and adjust her living environment to support her condition, but we could not predict or prevent her seizures, and it became increasingly dangerous that she was going to cause herself significant injury. Diamond, an ex-dressage horse, developed ataxia and her hind legs became increasingly unable to support her weight. To avoid collapse or injury, we had to let her go too.

It's incredibly hard for our team when we lose horses as they build strong relationships with each of our animals and in the course of their work (due to our methods of horse care), they spend a lot of calm, quality time with all our herds. We are immensely grateful to them all for the wonderful care they continue to give our horses, until the very end. On a positive note, we have been able to welcome six new horses to the Sanctuary during the year. Nell and Raggles came to us together after their owners were no longer able to care for them. Raggles had been abandoned in a field after it had been sold and whilst the new owners had tried to look after her, they were not experienced and recognised that she needed more care. She came to us with several issues (poor hoof and dental condition) and required a lot of physical and emotional rehabilitation to integrate her into a more sociable environment. Nell’s owner’s circumstances had changed, and she could no longer afford to look after her and knew that she needed a place to live a peaceful retirement. As she had been in the same field as Raggles, we agreed to take them both together.

Our other four arrivals came as a small herd in March. We had a call for help as a Sanctuary was facing closure due to lack of finances and loss of their land. 28 horses needed immediate rehoming and whilst World Horse Welfare had been able to assist with the majority, there were still 4 horses without anywhere to go. Two of the horses were very elderly and the other two were their companions, so options were limited – older horses are always hard to find homes for. We agreed to take all 4 of the group, allowing them to come to us together and stay as a small herd. They have only been with us for a few weeks so we still have a lot to learn about them – but look forward to giving them the very best care we can for as long as they need us!

Our other horses continue to thrive and live calmly in their herds, moving around our fields and tracks throughout the year. Many of them play a very important part in our community work, not only bringing great enjoyment to the visitors that we welcome to the Sanctuary, but being part of that work gives them additional engagement, fuss and

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enrichment in their lives too. All our horses are in good health with some being treated for specific conditions and/or the lifelong results of the poor treatment they received before coming to us. Our tracks and fields give them as natural an existence as possible and herd life suits them well. Whatever background our horses have come from, they are able to express themselves at Mane Chance and just ‘be’ - whilst we do everything possible to address all their

needs, of course!

As well as our horses and our extraordinary rescue dog, Angel, we rescue ex-colony and ex-caged hens from the egg producing industry through the British Hen Welfare Trust and currently have a flock of 18. Once they have been rehabilitated from the confines of their previous life, have got used to the feeling of grass under their feet and their health has improved, they too play a big role in our community work. From the featherless, nervous birds that arrive, to the feathered, proud chickens that they become, they are a delight – and always up for a cuddle.

We consider that we are currently ‘full’ at the Sanctuary and are not looking to take in any more animals at the moment. This ensures that we can maintain our standards of animal care, both with regards to space/grazing and the quality of the human care that they can receive – ensuring that we prioritise not only their physical needs but also their emotional welfare, which we consider equally important.

Site Developments

The beginning of the year was dominated by the completion of the new chicken coop area at the Sanctuary, now named Cluckingham Palace due to its luxurious nature! This bespoke project had pulled on all that we have learned during the 8 years that we have been rescuing chickens at Mane Chance from the British Hen Welfare Trust, allowing us to tailor the area better for both our needs and those of the hens. Instead of two smaller free-standing coops out in the elements, we have built one larger shed for the chickens to roost in at night and lay eggs in the morning; there is a store for their food, medications and to ensure utmost cleanliness , and most importantly, we have introduced a proper meet and greet area which is fully accessible. The whole area has a roof which not only protects the birds from the weather but also allows us to adapt more quickly and efficiently to the increasingly common avian flu regulations. We have placed rat proof fencing around the perimeter and kept our secondary fencing methods to deter foxes, so not only do our hens have a more purpose-built place to live, but they are also safe and secure. Plus, we can host more oe ee es Pa a hen, bute 1 heat View human interactions with them – so they can be loved and shared eae oe = by many.

This project has allowed us to work on the top of the orchard to help the environment too – one thing inevitably leads to another! We have put in natural drainage systems, are harvesting water for the raised beds and have planted three new trees which will thrive for years to come.

During the year, the original retaining wall of the upper orchard separating it from the lower yard had failed and was in danger of collapse. We needed to address the problem but did not want to simply rebuild the same again, only to cause similar problems in the future. Once more, we looked at lessons we have learned to best choose how to solve the issue. We chose to put in gabion cages filled with large stones and with planters on top containing shrubs and flowers. Not only visually is this a stunning look, but it also aids drainage from the orchard, reducing the pressure on any

retaining wall (the problem that had caused the collapse), providing a safe barrier for the drop of the orchard to the yard and it future proofs the area too.

When it comes to our grazing land, we continue to work hard to maintain its quality for all our horses. The protection of grass is paramount largely because the horses prefer to eat grass rather than anything else, but also because it keeps the cost of supplementary feeding lower and protects our small part of the environment too. We are blessed to have foxes, deer, badgers and birds of prey sharing the Sanctuary with us – by working with them, rather than against them, we can ensure that our land works for us, our horses and the wildlife.

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Community Visits

The unending demand for our community sessions continues. Whilst we are incredibly proud of the work that we do, the desperate need for our limited services is hard to bear sometimes. There seems to be no end to the increasing number of young people that require support for anxiety, anger management, low confidence and low self-esteem . Likewise, we can offer our Sanctuary environment to many other charities and groups who support those living with a wide range of challenges – sight loss, hearing loss, dementia, early onset dementia, young carers, adopted and foster families to name but a few. During this year, we have been grateful for our army of over 70 regular volunteers - some of whom donate their time weekly or monthly, but others who find time on our site so peaceful and rewarding, that they come more often! Our community team have hosted over 20 corporate volunteering events and welcomed over 750 people (young and old) to our group and 1-2-1 sessions.

We are lucky to be located in the beautiful Surrey Hills and never tire of the Sanctuary environment of peace and calm, with our 67 acres of land. Surrey is often portrayed as an affluent county, however, there is a hidden side, unknown to many, with pockets of deprivation and places of hidden need. Too many children are living in poverty and with disadvantage in the county. In 2022/23, just fewer than 1 in every 10 Surrey children were living in absolute lowincome households representing 19,967 children – sadly this figure is on an upward trend.[ (1) ]

It was reported that “it is clear that poverty and child poverty in particular, has been rising in every district and borough in Surrey for the past five years and that various new ‘regrettable strategies’ have emerged: parents cutting back on food (61%), skipping meals (26%), not replacing children’s shoes (19%) and winter coats (14%), and using debt to make ends meet (80%).”[(2)]

The national rates of probable mental disorders have increased in 6-16 year olds from 1 in 9 in 2017 to a worrying 1 in 5 in 2023, with associated increases in those with eating disorders or self-harming.[(3) ] In Surrey, these figures have also showed significant decline and are worse than both regional and national statistics - figures show that there are over 23,000 children living with a recognised mental disorder in Surrey.[(4) ]

When you look at these trends, it is clear to see how interventions by charities such as us are so important. As we see repeatedly in the media, services for both children and adults are overwhelmed and we are creating a worrying cycle, with repetitive and sometimes violent behaviours seen around the whole country as people’s needs cannot be met in a timely fashion. At Mane Chance we are proud to be just one tiny cog in a wheel of support that groups like us offer. We are not therapists; we are not doctors and we are not social services. But by being here and offering what we do to those, young and old, who benefit from time with our team and horses at the Sanctuary, we hope to soften the wait for more formal help, to give a little peace and kindness in a world of difficulty and simply to be an option to those who feel that there is nothing out there to help.

It is testament to our community team that we can help so many and it’s a pleasure to do so. We are so grateful to them for all they do in offering respite, education and simply enjoyment to so many. When we then receive lovely feedback or even just a passing positive comment from a young person as they leave the site, it just shows us the incredible power of horses (and chickens!) in helping people too – and makes our work even more important to continue…….

We would like to say huge congratulations to the young people that attend the Sanctuary for educational sessions with our community team. They work towards our AQA Unit Awards, and we have just submitted our most recent assessments to AQA for them to process. Between them, 26 students have been awarded over 175 certificates, which is a great achievement. The subjects covered include all aspects of horse care including field maintenance, field safety, grooming, walking, enrichment, equine passports, stable management etc. In addition, we have chicken care and environmental topics, so there is plenty to choose from. We have even had tears from a couple of children when presented with their awards – it is amazing to see that they are able to feel proud of what they have achieved too – and for many, these are the first certificates they have ever been given!

Our Duke of Edinburgh volunteers and corporate volunteering days continue to be huge successes. To see groups of people working together outdoors (very different to their usual office or school environment), away from screens,

References: (1) Surrey-i. “Economy, Employment and Deprivation.” (2) Surrey County Council Report to Cabinet on Child Poverty, Jan 2022.

(3) Mental Health of Children and Young People in England 2023 report by NHS Digital (4) Public Health England on Children and Young People's Mental Health and Wellbeing 2021

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proves to be mutually beneficial – the participants tell us what a lovely time they have had, and we have some welcome extra pairs of hands to maintain our site and fuss our horses!

Our Share a Shettie and Sanctuary Clubs are always sold out, and we really enjoy hosting people to spend time with our

horses, learning about how we look after them and the basics of our animal care. As we do not ride our horses, for many, a ground relationship is quite a different experience and offers a new perspective on our animals – discussing, considering and reacting to the animals’ emotional wellbeing as well as those of the visitor. We know from the feedback that we have received that this can have quite a profound effect on people that lasts far outside our Sanctuary gates – it’s something we are terribly proud of.

Community has always been at our heart – we provide a community for our animals to live together, a community for our staff and volunteers to share and a community for our visitors.

“Thank you so much for having Child A at your alternative provision sessions. It has been absolutely wonderful for her. After such a distressing time at school, we have seen her grow in confidence and to be so much happier and at peace. You have created a Sanctuary for the people who come to Mane Chance as well as the animals. We will always be so incredibly grateful for all your kindness and warmth. We are also grateful for writing absolutely spot on reports which were pivotal in getting Child A into a specialist school. Thank you.”

Parent

“I am incredibly grateful for the chance to go to Mane Chance. It has really helped me with coping and feeling less stressed. The staff are so lovely and really care for the horses and for us, they are very caring too. Each week, we were given cards with a photo of one of the horses and a challenge on it. I really enjoyed those, and it helped me practise the ways to cope that I had learnt. I loved being with the horses, especially the family herd, as I made connections with them which I will not forget. I am going to remember a lot from these past few weeks and will definitely be using the tips we were taught as they really work and help me. Chance2Be Child

A Royal Visit

We were honoured and privileged to host a visit by Sophie, Duchess of Edinburgh, to the Sanctuary in September. We had been approached in the Spring for a visit, but it had to be postponed after the announcement of the cancer diagnoses of both the King and Princess of Wales as the Duchess of Edinburgh had been asked to take on more duties to cover their absence. To be honest, we were expecting the postponement to become a cancellation as the months went on, as the Duchess’ diary was so busy, so were thrilled when a new date was requested.

The visit was organised through the Lieutenancy of Surrey who had chosen three charities for the Duchess to visit in one day – when we learned that, we felt even more honoured to have been asked.

The visit was only scheduled to be an hour in length, and we had been asked to showcase as much of our work as possible. We had also been advised that the Duchess of Edinburgh is very keen to meet people but also is willing to take part in activities where possible. We put our heads together to form a programme for the visit and wanted to demonstrate both our animal care and range of community work. We invited a representation of our community groups – local care home residents, Duke of Edinburgh Award Scheme student volunteers, young people with dementia and our community children – plus some of our volunteers, of course. We worked out a route around the site where we could introduce the groups and show how they work with our animals – our family herd, our Shetlands and our rescued chickens. We then also invited our Equine Manual Therapist to work with our Equine team in demonstrating my «oF our horse care, carrying out a treatment on Pudding. It seemed such a lot to squeeze in, but when it was broken down into sections, it all contributed to a busy, but flowing visit. mo) We 3 The visit was amazing – the Duchess exuded warmth and kindness and took time to chat to everyone present. She was introduced to a number of our animals, and she showed them .* great gentleness and empathy. We had feared it would be a lad LE i / quick tour around the site, but the Duchess made sure to talk pe to all the staff, volunteers, visiting adults and children. She showed a genuine interest in our work and brought her own experiences to what we do, sharing stories and anecdotes. As we all know, animals do not always do what you would imagine, and we had a refusal on the weighing bridge from one ae.

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of our Shetlands, Barnaby. Undeterred, the Duchess crouched down, met his gaze and encouraged him on, supporting our young handler along the way. Plus, it is fair to say, that the Duchess and one of our rescued hens, Stumpy, made friends too!

No sooner had the visit started, then it was over. But it was a relaxed, enjoyable time, with lots of laughter and was exactly what we could have hoped for. The Duchess stopped for a quick lunch (in our manager’s house next door!) and then moved onto her next appointment. As she got into the car, she remarked how welcome she had felt and how much she had enjoyed the visit, but also how she found the Sanctuary to be a calm and peaceful environment which she had really felt comfortable in – a few days later, this sentiment was also reiterated in a thank you letter from her office. And to top off an already amazing day – as the car pulled away from the Sanctuary, the rain fell - we had been blessed with good weather too!

We were so proud of our animals, staff, volunteers and visitors and were delighted to introduce them to the Duchess. We wish to thank the Surrey Lieutenancy for choosing us for the visit, but most of all, we wish to thank the Duchess of Edinburgh for making us feel so comfortable during the visit and for taking such interest in our small charity!

Fundraising

Our on-site events continue to be extremely popular, and we ran Open Sunday events throughout the year to welcome more people to the Sanctuary. The event includes a presentation, tour and meet and greet of some of our horses and chickens and is a great way to learn about our work and how we care for our animals. The Open Sundays prove to be a very good opportunity for those who may be thinking of approaching us for support sessions to come and see more about our Sanctuary and meet the team. Each event was sold out, and we welcomed over 750 people throughout the year through these regular, smaller events.

After the pause of last year, we once more held our large summer family fun day in August. We had been in the middle of some large site work in 2023, so for health and safety reasons, were not able to run the event, and it was great to be able to resume the event this year. Over 600 people attended the afternoon – playing games, meeting our horses, enjoying tractor rides, face-painting, refreshments and so much more. The event was not only an enjoyable afternoon for all those who attended but raised more than ever before! We are immensely grateful to our team of staff and volunteers who worked so hard in the lead up and on the day to make the day such a great event. Our other regular event, the Carols evening in Godalming Minster was another success and was a lovely start to the festive season for so many people that attended. This has become a firm favourite in many people’s diaries, and we see lots of guests returning each year.

Once again, our friends in Bruton, Somerset, chose to support Mane Chance with their Christmas event. We were able to provide the technical support for an online auction which benefitted both charities by adding an extra fundraising arm to the event, but the stars of the show were the musicians who gave everyone that attended a wonderful night of festive music – thank you to them all.

This year, we also hosted a golf event, thanks to the support of a volunteer who works in the building industry. Golf events are still a mainstay in their calendars and through her connections, we were able to attract many teams from architects to builders to window fitters. We have previously run such events but had not done so for a few years as it was proving hard to attract teams to play. Through this connection, the event became not only viable again, but profitable too!

Trustees and Patrons

This year, Charles Stuckey resigned his role at Trustee to the charity. He had relocated overseas a couple of years ago and the time difference between us, combined with his work commitments, meant he was unable to be as involved as he would have wished. He therefore stepped down as Trustee, but his support continues, and he remains available as an advisor and consultant going forward.

We would like to express our gratitude to both our Trustees and Patrons who have been hugely supportive during the year, with many of our Patrons donating their time and their talents in assisting with our fundraising events over the past twelve months. We look forward to working with them all in the future.

Staffing

During the year, we had several staff changes. One of our community assistants was unable to continue working due to illness and two of our younger members of the equine team left to relocate

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to another part of the country and go travelling. In addition, our part-time administrative assistant left us for a full-time position. These changes in staffing allowed us to review our structure throughout the charity at different points of the year and make some changes without affecting any employed member of the team. We were able to examine the changes in our work, analysing the pressures in different areas of the charity and adjust the staffing structure accordingly. The decision was made not to recruit another administrator, instead combining that role with an equine position, creating an operations co-ordinator. This new role would manage the equine team and complete the associated administrative and scheduling tasks previously covered by the office staff. Therefore, as of the 31[st] March 2025, we had the following in our employment:

General Manager full-time Operations Co-ordinator full-time
Equine Lead full-time Four Equine Grooms two full and two part-time
Community Co-ordinator full-time Community Assistant part-time

Website and Social Media

Our website and social media channels continue to play an important part in the communication of Mane Chance. The number of people engaging with our output has continued to increase this year bringing new supporters to the Sanctuary. The charity currently uses facebook, twitter, Instagram and Linkedin and posts daily on all channels. This year, we have consciously increased the amount of video content, aware that it attracts more interaction from supporters. We have also engaged more with more direct welfare messaging, wanting to utilise our position as an animal welfare charity more clearly – these posts appear to pique interest, comments and sharing. We are currently updating the website to maximise its potential – conscious of how quickly technological practices and trends change, it is important to not get left behind. Increased video content is planned to engage the user and the introduction of simplified crumb trails, and a search facility will be important to encourage ease of interaction. Better cohesiveness between our website and social media platforms is also planned with alignment of branding across all channels to reinforce the connection.

Seeing the response to our social media output regarding the promotion of animal welfare issues, hints, tips and information, we are taking this learning onto our new website which will have more educational and informational content surrounding horse and general animal care and welfare.

The online shop also proves to be an important source of fundraising, and we have continued to expand our stock range as we are aware that we are becoming for some a go-to for gifts and cards, both online and via our Sanctuary shop.

Grants

This year we have been very fortunate to receive several grants for a selection of purposes. We are immensely grateful to the following funders for their support - without their donations, we would not be able to maintain our levels of horse care or provide the range of community services that we offer.

NEWC Membership

We are a member of the National Equine Welfare Council and have attended online meetings, broadening our network of contacts with equine welfare stakeholders. We have also been able to support their work by engaging with surveys and have volunteered to increase our participation in their campaigns over the coming years. Membership of this body is extremely important for us – too often, small charities can find themselves isolated and unaware of common

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challenges, hints, tips and miss out on good practice sharing! NEWC is an active organisation that increases its impact and effectiveness year on year and enables us to participate with others in national campaigns and rescues. They also require certain standards to be met in order to qualify for membership – these include comprehensive policies, protocols and welfare standards. Membership of NEWC is an outward indicator of the quality of our establishment, of which we are very proud.

Next Year

We are hopeful that 2025-2026 will allow us to bring some of our plans to fruition, however, we are mindful of the continuing economic situation and the changing trends that we are seeing when it comes to fundraising and donations – people are having to trim their spending and understandably, necessities often come ahead of luxuries and charitable giving. It will continue to be a challenging time for all charities, and we are no exception.

We do have some projects that we hope to complete wherever possible over the coming 12 months, some to expand the charity, but others born out of necessity particularly to ensure the optimum care of our animals, as a result of our changing climate. Our plans include:

Charity Policies and Procedures

Policies continue to be reviewed and updated on an ongoing basis, as are our charity delivery plan, business continuity plan, business impact analysis and risk matrices. Our safeguarding and health and safety policies, together with our DBS checks, continue to be maintained and updated where required.

“Thank you for a wonderful day for our families. Your Sanctuary has such a calming influence on all the children and the activities allowing the children to work with their siblings as equals and without a label are wonderful. We had a lot of new families join us and some very special connections have been made, particularly between the fathers of the children – they find it so difficult to talk about their feelings and they really felt comfortable to share with each other. I know a number of them have swapped numbers and met up down the pub since, so new

supportive friendships have definitely been made. And that’s on top of a fun, enjoyable day where all the children loved spending time with the horses and had a ball. Thank you.”

Disability Support Group leader

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Financial

Review

Summary of Financial Position:

In this financial year, the charitable company had as at 31[st] March 2025, aggregate reserves of £1,215,315 which included specifically designated reserves for a capital project of £495,486 and restricted reserves for the capital project of £200,000 (2024 £954,715 including designated reserves of £395,486). The company had a net surplus of £260,600 which included the restricted income for the capital project of £200,000 (2024 surplus of £20,587).

Statement of Directors' and Trustees' Responsibilities:

The charity Trustees, who are also Directors, are responsible for preparing the Trustees' Annual Report and financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and Applicable Law).

Company law requires the charity's Directors and Trustees to prepare financial statements which give a true and fair view of the state of affairs of the charitable Company and of the incoming resources and application of resources, including its income and expenditure, in that period.

In preparing those financial statements, the Directors and Trustees are required to:

The trustees are responsible for maintaining proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Reserves Policy:

This policy outlines the charity’s approach to building and maintaining financial reserves including how such reserves are managed. It aims to:

Context

In the Trustees’ view reserves should provide the charity with adequate financial stability and the means to address any unforeseen circumstances in order to:

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The policy recognises that as the majority of the beneficiaries of the community work consist of adults and children with issues, both physical and emotional, that the Charity must protect against an interruption of services as we have committed to supporting them through challenging times. For those who have mental health issues, the importance of consistency is paramount and so it is a necessary consideration that the provision of our services is maintained wherever possible.

The policy is intended to maintain a level of reserves that will enable the charity to adjust and respond to any significant change in resources through unplanned events. These funds have been set aside to allow instant response to such a situation to ensure that all mitigating actions are taken to restore the services as soon as possible.

Reserves Calculation

To calculate the amount of reserves held under this policy, an exercise will be completed each year, in conjunction with the preparation of the Trustees Annual Report, to analyse the source of income using a risk based approach, together with the relevance and essential nature of our expenditure with regards to the core purposes of the charity. Based on this exercise, the level of unrestricted reserves required will be agreed by the Trustees which reflects approximately 9 months of predicted expenditure on equine activities plus 3 months of predicted expenditure on community activities. These timescales would allow the charity to prepare and execute a suitable exit strategy for both the community beneficiaries and the animals in the care of the charity, ensuring that there is time to prepare the community beneficiaries for an end to their work with us and find alternative provision for them but also to rehome the horses, chickens and dog.

Currently, the charity is holding £217,647 in unrestricted income reserves (Note 14 of the accounts).

Designated Funds

From time to time, additional reserves may be established and held as designated funds in addition to unrestricted reserves in order to:

Currently, the charity is holding £495,486 in designated funds, allocated to the community facilities building project in addition to the £200,000 restricted income received for the same project.

Management of Reserves

Any reserves should be held in appropriate and accessible, low-risk investments.

The trustees have no plans to seek borrowings from any source.

The Trustees will review the reserves on an annual basis to ensure that it is sufficient to meet the needs of the Charity. During the annual review of reserves, the trustees may seek professional investment advice in order to consider other appropriate investment vehicles to hold such reserves.

| JeuunySigned by: Sragroe

This report was approved by the trustees on 15[th] December 2025 and signed on their behalf by Ms Jenny Seagrove.

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Independent examiners report to the directors/trustees of Mane Chance Sanctuary Limited

I report to the charity trustees on my examination of the accounts of the company for the year ended 31[st] March 2025, which are set out on pages 16 to 25.

Responsibilities and basis of report

As the charity’s trustees of the company (and also its directors for the purposes of the company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 ( the 2011 Act ). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act.

Independent examiner’s statement

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland ( FRS 102 ).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Martin Hobbs BSc ACA Francis Clark LLP Sigma House Oak View Close Edginswell Torquay TQ2 7FF

15 December 2025

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Mane Chance Sanctuary Limited Statement of Financial Activities Year Ended 31 March 2025

Notes Unrestricted Restricted Total Funds
2025
Total Funds
2024
£ £ £ £
Income from:
Donations and capital grants 2 340,902 238,340 579,242 426,509
Charitable activities 3 55,933 - 55,933 54,348
Other trading activities 4 18,225 - 18,225 15,905
Investments 5 25,184 - 25,184 8,488
__ __ __ __
Total Income 440,244 238,340 678,584 505,250
____ ____ ____ ____
Expenditure on:
Raising Funds 6 6,160 - 6,160 30,260
Charitable activities 7 367,926 43,898 411,824 454,403
__ _ __ __
Total Expenditure 374,086 43,898 417,984 484,663
____ ___ ____ ____
Net income 66,158 194,442 260,600 20,587
Total funds brought forward 943,033 11,682 954,715 934,128
__ __ __ _
Total funds carried forward 1,009,191 206,124 1,215,315 954,715
____ ____ ____ __

The notes on pages 19 to 25 form part of these financial statements.

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Mane Chance Sanctuary Limited Balance Sheet

31 March 2025

Mane Chance Sanctuary Limited
Balance Sheet
31 March 2025
Note 2025 2024
£ £
Fixed Assets
Tangible Assets 10 94,011 92,227
_____ _____
Current Assets
Stocks 11 15,580 12,298
Debtors 12 12,874 20,306
Investments 155,929 153,629
Cash at bank and in hand 956,806 749,733
_ _
1,141,189 935,966
Creditors:amounts falling due within one year 13 (19,885) (73,478)
_ _
Net current assets 1,121,304 862,488
_ _
Net assets 1,215,315 954,715
======= =======
Funds
Restricted income funds 14 206,124 11,682
Unrestricted income funds 14 296,058 329,900
Unrestricted Contingency fund 14 217,647 217,647
Designated fund 14 495,486 395,486
_ _
Total funds 1,215,315 954,715
======= =======

For the year in question, the charitable company was entitled to exemption from an audit under section 477 of the Companies Act 2006.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act.

The trustees/directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

These financial statements were approved by the members of the board on 15[th] December 2025.

Ms Jenny Seagrove Director

Company Registration number: 07796432

Charity Commission Registration number: 1144144

The notes on pages 19 to 25 form part of these financial statements.

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Mane Chance Sanctuary Limited Statement of Cash Flows Year Ended 31 March 2025

Mane Chance Sanctuary Limited
Statement of Cash Flows
Year Ended 31 March 2025
2025 2024
£ £
Net cash provided by operating activities (i) 229,020 75,183
_____ _____
Purchase of property and equipment (21,947) (25,000)
_ _
Net cash used in investment activities (21,947) (25,000)
_ _
Increase in cash 207,073 50,183
Cash at the beginning of the year 749,733 699,550
_ _
Cash at the end of the year 956,806 749,733
======= =======
(i) Reconciliation of net income to net cash flow from operating activities
2025 2024
£ £
Net income for the reporting period 260,600 20,587
_____ _____
Depreciation 20,163 18,331
Decrease/(increase) in stock (3,282) 1,659
(Increase)/decrease in debtors 7,432 (13,008)
Increase/(decrease) in creditors (53,593) 52,887
(Gains)/losses on investments (2,300) (5,273)
_ _
Net cash provided by operating activities 229,020 75,183
======= =======

The notes on pages 19 to 25 form part of these financial statements.

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Mane Chance Sanctuary Limited Notes to the Financial Statements Year Ended 31 March 2025

1. Accounting policies

Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.

The accounts have been prepared in accordance with the statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), FRS102 and the Charities Act 2011.

Mane Chance Sanctuary Limited meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

The Trustees’ assessment is that the charitable company is a going concern and accounts have been prepared on that basis.

The functional and presentational currency of these financial statements is sterling.

The charity is a company limited by guarantee and has no share capital. It is incorporated in England and Wales.

Income recognition policies

Items of income are recognised and included in the accounts when all the following criteria are met:

For legacies, entitlement is taken as the earlier of:

Donated services

Donated goods and services are recognised as income when the charity has control over the goods and services.

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Mane Chance Sanctuary Limited Notes to the Financial Statements Year Ended 31 March 2025

1. Accounting policies (continued)

Fund Accounting

Unrestricted funds are available for use at the discretion of the directors in furtherance of the general objectives of the charitable company.

Restricted funds are subjected to specific restrictions on their expenditure imposed by the donor.

Taxation

The charge for taxation is based on the taxable profit for the year that is not covered by the Company’s tax exemption with HM Revenue & Customs.

Depreciation

Fixed assets are depreciated on a straight-line basis at the following rates:

Site Improvements 10% to 20% Portable Buildings 20% Plant and Machinery 20% Furniture and Equipment 20% Motorised Vehicles 25%

Stock

Stock is held at the lower of cost and net realisable value

Financial Instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Pension Costs

The charity makes contributions to a defined contribution pension scheme. Contributions are charged to the Statement of Activities in the year in which they are paid.

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Mane Chance Sanctuary Limited Notes to the Financial Statements Year Ended 31 March 2025

2. Donations and legacies

. Donations and legacies
2025 2024
£ £
Donations 46,412 74,949
Public Collections 21,314 19,611
Other donations/fundraising 380,259 319,449
Legacies 131,257 12,500
_ _
579,242 426,509
======= =======

Donations and legacies comprise £238,340 (2024: £27,216) restricted income and £340,902 (2024: £399,293) unrestricted income.

3. Income from charitable activities

. Income from charitable activities
2025 2024
£ £
Events income 55,933 54,348
_ _
55,933 54,348
======= =======
ll income from charitable activities for both 2025 and 2024 related to unrestricted funds.
. Other Trading Activities
2025 2024
£ £
Merchandise 11,529 9,932
Rug and Tack 5,480 4,916
Sundry Income 1,216 1,057
_ _
18,225 15,905
======= =======

All income from charitable activities for both 2025 and 2024 related to unrestricted funds.

4. Other Trading Activities

All income from other trading activities for both 2025 and 2024 related to unrestricted funds.

5. Investment Income

. Investment Income
2025 2024
£ £
Investment income 25,184 8,488
_ _
25,184 8,488
======= =======

All investment income 2025 and 2024 related to unrestricted funds.

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Mane Chance Sanctuary Limited Notes to the Financial Statements Year Ended 31 March 2025

6. Cost of Raising Funds

6. Cost of Raising Funds
2025 2024
£ £
Fundraising Costs 3,760 4,198
Payroll - 5,762
Marketing and Advertising 2,400 20,300
_ _
6,160 30,260
======= =======
All costs of raising funds for both 2025 and 2024 related to unrestricted funds.
7. Cost of Charitable Activities
2025 2024
£ £
Animal Welfare and community sessions 134,637 183,390
Payroll
Animal Welfare and community sessions 178,760 162,282
Administration 46,915 52,716
Accountancy and Consultancy fees (1,475) 2,293
Independent examination fees 2,000 1,500
License fees 869 3,553
Event expenditure 10,508 2,506
House fees (1,904) -
Other Administration fees 21,351 27,832
Depreciation 20,163 18,331
_ _
411,824 454,403
======= =======

Costs of charitable activities comprise £43,898 (2024: £53,053) restricted costs and £367,926 (2024: £401,350) unrestricted costs.

8. Staff Costs

. Staff Costs
2025 2024
£ £
Gross Wages 206,303 201,594
Employers NI 16,232 15,956
Pension Contributions 3,140 3,210
_ _
225,675 220,760
======= =======
Headcount 9 10
======= =======

No employees received employee benefits of more than £60,000. The key management personnel of the charity comprise the Trustees and the General Manager. The total benefits of key personnel were £44,265 (2024: £44,265).

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Mane Chance Sanctuary Limited Notes to the Financial Statements Year Ended 31 March 2025

9. Trustees’ Expenses

No trustees have received any remuneration or reimbursed expenses.

10. Fixed Assets

0. Fixed Assets
Site Portable Plant & Furniture & Motor Total
Improvements Buildings Machinery Equipment
£ £ £ £ £ £
Cost
At 1 April 2024 216,863 46,577 30,728 1,450 83,873 379,491
Additions at cost 17,447 - 4,500 - - 21,947
______ ______ _____ _____ _____ ______
At 31 March 2025 234, 310 46,577 35,228 1,450 83,873 401,438
______ ______ ______ _____ _____ ______
Depreciation
At 1 April 2024 139,730 38,613 29,888 1,450 77,583 287,264
Charge for the year 12,005 2,278 1,440 - 4,440 20,163
______ ______ ______ _____ _____ ______
At 31 March 2025 151,735 40,891 31,328 1,450 82,023 307,427
______ ______ ______ _____ _____ ______
Net Book Value
31 March 2025
82,575 5,686 3,900 - 1,850 94,011
______ ______ ______ _____ _____ ______
Net Book Value
31 March 2024
77,133
______
7,964
______
840
______
-
_____
6,290
_____
92,227
______

11. Stocks

1. Stocks
2025 2024
£ £
Consumables 10,719 3,902
Merchandise for resale 4,861 8.396
_ _
15,580 12,298
======= =======

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Mane Chance Sanctuary Limited Notes to the Financial Statements Year Ended 31 March 2025

12. Debtors

2025 2024
£ £
Community Debtors 7,810 10,930
Gift Aid 3,398 3,337
Prepayments 287 5,645
Other Debtors 1,379 394
_ _
12,874 20,306
======= =======
3. Creditors:Amount falling due within one year
2025 2024
£ £
Trade Creditors 7,515 20,427
Accruals and deferred income 8,016 40,760
Event and Community creditors 4,354 12,291
_ _
19,885 73,478
======= =======
4. Reserves
Balance at
1 April 2024
Income Expenditure Transfers
31
Balance at
March 2025
£ £ £ £ £
Designated contingency
fund
217,647 - - - 217,647
Designated community
facilities fund
395,486 100,000 495,486
General unrestricted funds 329,900 440,244 (374,086) (100,000) 296, 058
______ ______ _____ _____ ______
Total unrestricted funds 943,033 440,244 (374,086) - 1,009,191
Restricted income fund 11,682 38,340 (43,898) - 6,124
Restricted Community
facilities project income
- 200,000 - - 200,000
______ ______ ______ _____ ______
Total 954,715
______
678,584
______
(417,984)
______
-
_____
1,215,315
______

13. Creditors: Amount falling due within one year

14. Reserves

The designated contingency funds represents funds held to build community facilities.

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Mane Chance Sanctuary Limited Notes to the Financial Statements Year Ended 31 March 2025

15. Analysis of net assets between funds

Fund balances at 31 March 2025 are represented by:

Unrestricted
funds
£
Restricted
funds
£
Total Funds
£
Fixed Assets 88,324 5,687 94,011
Current Assets 940,752 200,437 1,141,189
Creditors: amounts falling due within one
year
(19,885) - (19,885)
_____ _____ ______
Total 1,009,191 206,124 1,215,315
______ _____ ______
Comparative information in respect of the preceding period is as follows:
Unrestricted
funds
£
Restricted
funds
£
Total Funds
£
Fixed Assets 81,703 10,524 92,227
Current Assets 934,808 1,158 935,966
Creditors: amounts falling due within one
year
(73,478) - (73,478)
_____ _____ ______
Total 943,033 11,682 954,715
______ _____ ______

16. Related Party Transactions

There were no related party transactions during the year except for cash donations from the trustees to the charity totalling £2,530 (2024: £2,180)

17. Capital Commitments

The Charity had committed to capital expenditure of £nil (2024: £14,000) at the end of the financial year.

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