## **Trustees’ Annual Report for the period**
## **From 1[st] April 2024 - 31[st] March 2025**
## **Charity name: Erme Valley Riding for the Disabled Ltd**
## **Charity registration number: 1145441**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To provide disabled people with the means
to ride at the level of their ability, choice and
ambition.
To encourage disabled people to occupy
positions of responsibility within the
Company.
To co-operate with the National Riding for
the Disabled Association. To license with
Local Authority.
To purchase property, lease etc for the
benefit of the company.
To make fit buildings or land for the purpose
of the company
To carry out financial activities to the benefit
of the company.
To organise appropriate insurance for the
committee,clients and volunteers.|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para
1.17
and 1.19|The charity operates from a purpose built
centre which enables disabled riders, of all
ages with a wide range of disabilities, to
ride and handle the horses (where
appropriate) for the benefit of their
wellbeing.
The Group is run by a Team of trained
volunteers under the leadership of a
qualified Group Organiser, who is also a
National Coach.
The Directors have regard to the Charity
Commissioner’s guidance on public benefit
when the year’s programme is planned and
new projects are considered.
The centre is largely financed by donations
and fund raising.
There continues to be growth in education
and non-riding activities, this now
comprises half of our total annual sessions.|
1
|Statement
confirming
whether the trustees have
had regard to the guidance
issued bythe Charity|Para 1.18|Confirmed|
|---|---|---|
|Commission on public
benefit|||
## **Additional information (optional)**
You may choose to include further statements where relevant about:
SORP reference Policy on grant making Para 1.38 Policy on social investment Para 1.38 including program related investment Contribution made by Para 1.38 volunteers Other
2
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|Weekly we currently provide riding and
therapy for 70 - 80: and education and
equine facilitated learning for 54 plus. We
competed in the County British Dressage
Event and entered 30 riders in the Virtual
Championships, and took 17 Rides to the
national RDA Championships. Selection,
training and purchasing of quality horses
remains a high priority, as does the
ongoing improvement of our facility.
Several volunteers and coaches continue
to train. The Group organised CPD days,
first aid training and safeguarding courses,
2 new qualified coaches.
We continue to be held with respect in our
local communities – and are supported by
local businesses and individuals. This is
reflected in donations we receive. Many
local schools both mainstream and special
schools make use of our services as part of
their educational programmes, including
‘Changing Lives Through Horses’,
‘Horse Harmony’ and Horse Care Courses.|
3
The Equine Facilitated Education is very popular with Local schools. We also continue our close connections with local Consultants and Physiotherapists, other health care professionals and Organisations working within the NHS. We are once more able to offer Hippotherapy Sessions with a trained Hippotherapist. We offer work experience for those with Additional Needs. Riders continue to benefit from the loan of a mechanical horse enabling us to offer therapy, education, and improvement of riding skills. The Art & Gardening Sessions are particularly popular offering a different perspective. We have 2 social groups; The Happy Hoof Club continue to meet monthly, and the Social Accessibility Group meet fortnightly – for those with less mobility. Both Groups organise their own activities and meetings. A new venture this year is the Dementia Friendly Tea with a Pony – when a few local residents with dementia attend with their carers to meet the ponies and enjoy a High Tea. Recruitment of volunteers continues to be of high priority – as this is the main limiting factor on our rider numbers. We continue to maintain our buildings and field fences as an ongoing necessity.
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41||
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
4
Other
## **Financial Review**
|Review of the charity’s
financial position at the end
of theperiod|Para 1.21|The charity ended the year in a strong
financial position, with net current assets of
£160k.|
|---|---|---|
|Statement explaining the
policy for holding reserves
statingwhytheyare held|Para 1.22|The charity believes that it is appropriate to
hold net current asset reserves equivalent
to oneyear’s expenditure.|
|Amount of reserves held|Para 1.22|At £160k, the net current asset balance
held at the year end meets the Trustees’
target level.|
|Reasons for holding zero
reserves|Para 1.22|n/a|
|Details of fund materially in
deficit|Para 1.24|n/a|
|Explanation
of
any
uncertainties
about
the
charity continuing as a going
concern|Para 1.23|n/a|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|The
charity’s
principal
sources of funds (including
any fundraising)|Para 1.47||
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
5
Other
## **Structure, Governance and Management**
|Description of charity’s trusts:|||
|---|---|---|
|Type of governing document
(trust deed,royal charter)|
Para 1.25|Memorandum and Articles of Association|
|How is the charity
constituted?(e.g
unincorporated
association,CIO)|Para 1.25|Incorporated charity|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled to
appoint one or more trustees|
Para 1.25|New trustees are nominated by the voting
members, in accordance with National RDA
guidelines. Trustees are expected to have
suitable knowledge and experience of our
charity before a nomination will be accepted.
We aim to include Trustees who have
expertise in different aspects of our work.|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51||
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
6
## **Reference and Administrative details**
|Charityname|Erme ValleyRidingfor the Disabled Ltd|
|---|---|
|Other name the charityuses||
|Registered charitynumber|1145441|
|Charity’s principal address|The Brook,
Yolland Brook,
Ugborough Rd
Ivybridge,
Devon
PL21 0HG|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
|**Trustee name**|**Office (if any)**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**|
|---|---|---|---|---|---|---|
||Ann Caroline
BAKER||||||
||Virginia CRAWLEY|Secretary|||||
||Margaret
DOUGLAS|Chairman|||||
||Susan Eunice
JOHNS|Treasurer|||||
||Jane Elizabeth
LANKESTER||||||
||Catherine Agnes
PEARCE||||||
||Hannah ROGERS||||||
||Sophie DOUGLAS||||||
||Ian SMITH||||||
||Jane Van Goethem|Minute|Secretary||||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
||Corporate trustees – names of||the directors at the date the report was approved||||
||**Director name**||||||
||||||||
||||||||
||||||||
7
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held n/a in this capacity
Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
**Name of chief executive or names of senior staff members (Optional information)**
8
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|
Signed by M Douglas|Signed by S.E.Johns|
|---|---|---|
||
Margaret Douglas|Susan Eunice Johns|
||Chair|Treasurer|
||||
||23/12/2025||
9
## **Independent examiner's report on the accounts**
|**Section A**|**Section A**
**Independent Examiner’s Report**|**Section A**
**Independent Examiner’s Report**|
|---|---|---|
|**Report to the trustees/**|||
|**members of**||Erme Valley Riding for the Disabled Ltd|
||||
|**On accounts for the year**||31 March 2025
**Charity no**
1145441|
||**ended**|**(if any)**|
||||
|**Set out on pages**||12-24|
|**Respective**||The charity's trustees are responsible for the preparation of the accounts.|
|**responsibilities of trustees**||The charity’s trustees consider that an audit is not required for this year|
|**and examiner**||under section 144 of the Charities Act 2011 (“the Charities Act”) and that an|
|||independent examination is needed.|
|||It is my responsibility to:|
|||●
examine the accounts under section 145 of the Charities Act,|
|||●
to follow the procedures laid down in the general Directions given by|
|||the Charity Commission (under section 145(5)(b) of the Charities Act, and|
|||●
to state whether particular matters have come to my attention.|
|**Basis of independent**||My examination was carried out in accordance with general Directions given|
|**examiner’s statement**||by the Charity Commission. An examination includes a review of the|
|||accounting records kept by the charity and a comparison of the accounts|
|||presented with those records. It also includes consideration of any unusual|
|||items or disclosures in the accounts, and seeking explanations from the|
|||trustees concerning 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 accounts present a ‘true|
|||and fair’ view and the report is limited to those matters set out in the|
|||statement below.|
|**Independent examiner's**|**Independent examiner's**|In connection with my examination, no matter has come to my attention:|
||**statement**|●
which gives me reasonable cause to believe that in, any material|
|||respect, the requirements:|
|||●
to keep accounting records in accordance with section 130 of the|
|||Charities Act; and|
|||●
to prepare accounts which accord with the accounting records and|
|||comply with the accounting requirements of the Charities Act have not been|
|||met; or|
|||●
to which, in my opinion, attention should be drawn in order to enable|
|||a proper understanding of the accounts to be reached.|
**Date:** 30-12-2025 **Signed:** Signed by Tom Davies
**IER**
10
## **Name:** Tom Davies
FCA **any):**
**Relevant professional qualification(s) or body (if**
**Address:** 15 Windell Street, Bath, BA2 5BG
**IER**
11
Erme Valley Riding for the Disabled Ltd Charity No (if any) 1145441 Annual accounts for the period Period end Period start date **To** 4/1/2024 date 3/31/2025
|**Section A**
**Statement of financial activities**
~~ee~~|**Section A**
**Statement of financial activities**
~~ee~~|**Section A**
**Statement of financial activities**
~~ee~~|**Section A**
**Statement of financial activities**
~~ee~~|**Section A**
**Statement of financial activities**
~~ee~~|**Section A**
**Statement of financial activities**
~~ee~~|**Section A**
**Statement of financial activities**
~~ee~~|**Section A**
**Statement of financial activities**
~~ee~~|**Section A**
**Statement of financial activities**
~~ee~~|
|---|---|---|---|---|---|---|---|---|
|**Recommended categories by**|**Unrestricted**||**Unrestricted**|**Restricted**|**Endowment Total funds**|**Endowment Total funds**||**Prior year**|
|||**£**||**£**|**£**||**£**|**£**|
|**Incoming resources**||F01||F02|F03||F04|F05|
|**Income and endowments from:**|||||||||
|Donations and legacies||46,624||2,000|-||48,624|164,830|
|Charitable activities||82,762|||-||82,762|50,918|
|Other trading activities||1,102|||-||1,102|1,088|
|Investments||6,887|||-||6,887|4,344|
|**_Total_**||137,375||2,000|-||139,375|221,180|
|**Resources expended**|||||||||
|**Expenditure on:**|||||||||
|Raising funds||2,924|||-||2,924|720|
|Charitable activities||137,851||5,271|-||143,122|106,959|
|**_Total_**||140,775||5,271|-||146,046|107,679|
|**Net income/(expenditure) before investment**|||||||||
|**gains/(losses)**|-|3,400|-|3,271|-|-|6,671|113,501|
|Net gains/(losses) on investments||-||-|-||-|-|
|**Net income/(expenditure)**|-|3,400|-|3,271|-|-|6,671|113,501|
|**_Net movement in funds_**|-|3,400|-|3,271|-|-|6,671|113,501|
|**_Reconciliation of funds:_**|||||||||
|Total funds brought forward||171,190||42,105|-||213,295|99,793|
|**_Total funds carried forward_**||167,790||38,834|-||206,624
|213,295|
12
## **Section B**
## **Balance sheet**
|**Fixed assets**
**Intangible assets**
**Tangible assets**
**(Note 6)**
**Heritage assets**
**Investments**
**_Total fixed assets_**
**Current assets**
**Stocks**
**Debtors**
**Investments**
**Cash at bank and in hand (Note 7)**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds**
**Restricted income funds (Note 8)**
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees||**Unrestricted**
**funds**
**£**
F01|
**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**£**
F03|**Total this**
**year**
**£**
F04|**Total last**
**year**
**£**
F05|
|---|---|---|---|---|---|---|
|||-|-|-|-|-|
|||17,341|29,442|-|46,783|53,146|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||17,341|29,442|-|46,783|53,146|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||150,449|9,392|-|159,841|160,149|
|||150,449|9,392|-|159,841|160,149|
||||||||
|||-|-|-|-|-|
||||||||
|||150,449|9,392|-|159,841|160,149|
||||||||
|||167,790|38,834|**-**|206,624|213,295|
||||||||
|||167,790|38,834|-|206,624|213,295|
||||||||
|||-|||-|-|
||||38,834||38,834|42,105|
|||167,790||-|167,790|171,190|
||||||-||
|||167,790|38,834|-|206,624|213,295|
||||||||
|||Signature||Print Name||Date of
approval|
||Signed by M Douglas|||M Douglas||12/23/2025|
||Signed by S.E. Johns|||S.E. Johns||12/23/2025|
13
CC17a (Excel)
12/30/2025
## **Section C Notes to the accounts**
## Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:
|• and with*
x
• and with*
x
x
Yes*
No*
x
**_Please disclose:_**
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 (FRS 102) issued on 16 July 2014
the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland (FRS 102)
• and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by
FRS 102.*
* -Tick as appropriate
**1.2 Going concern**
**_If there are material uncertainties related to events or conditions that cast significant doubt on the charity's_**
**_ability to continue as a going concern, please provide the following details or state "Not applicable", if_**
**_appropriate:_**
An explanation as to those factors that support
the conclusion that the charity is a going
concern;
**_Not applicable_**
Disclosure of any uncertainties that make the
going concern assumption doubtful;
**_Not applicable_**
Where accounts are not prepared on a going
concern basis, please disclose this fact
together with the basis on which the trustees
prepared the accounts and the reason why the
charity is not regarded as a going concern.
**_Not applicable_**
**1.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.
* -Tick as appropriate|• and with*
x
• and with*
x
x
Yes*
No*
x
**_Please disclose:_**
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 (FRS 102) issued on 16 July 2014
the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland (FRS 102)
• and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by
FRS 102.*
* -Tick as appropriate
**1.2 Going concern**
**_If there are material uncertainties related to events or conditions that cast significant doubt on the charity's_**
**_ability to continue as a going concern, please provide the following details or state "Not applicable", if_**
**_appropriate:_**
An explanation as to those factors that support
the conclusion that the charity is a going
concern;
**_Not applicable_**
Disclosure of any uncertainties that make the
going concern assumption doubtful;
**_Not applicable_**
Where accounts are not prepared on a going
concern basis, please disclose this fact
together with the basis on which the trustees
prepared the accounts and the reason why the
charity is not regarded as a going concern.
**_Not applicable_**
**1.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.
* -Tick as appropriate|• and with*
x
• and with*
x
x
Yes*
No*
x
**_Please disclose:_**
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 (FRS 102) issued on 16 July 2014
the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland (FRS 102)
• and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by
FRS 102.*
* -Tick as appropriate
**1.2 Going concern**
**_If there are material uncertainties related to events or conditions that cast significant doubt on the charity's_**
**_ability to continue as a going concern, please provide the following details or state "Not applicable", if_**
**_appropriate:_**
An explanation as to those factors that support
the conclusion that the charity is a going
concern;
**_Not applicable_**
Disclosure of any uncertainties that make the
going concern assumption doubtful;
**_Not applicable_**
Where accounts are not prepared on a going
concern basis, please disclose this fact
together with the basis on which the trustees
prepared the accounts and the reason why the
charity is not regarded as a going concern.
**_Not applicable_**
**1.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.
* -Tick as appropriate|• and with*
x
• and with*
x
x
Yes*
No*
x
**_Please disclose:_**
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 (FRS 102) issued on 16 July 2014
the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland (FRS 102)
• and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by
FRS 102.*
* -Tick as appropriate
**1.2 Going concern**
**_If there are material uncertainties related to events or conditions that cast significant doubt on the charity's_**
**_ability to continue as a going concern, please provide the following details or state "Not applicable", if_**
**_appropriate:_**
An explanation as to those factors that support
the conclusion that the charity is a going
concern;
**_Not applicable_**
Disclosure of any uncertainties that make the
going concern assumption doubtful;
**_Not applicable_**
Where accounts are not prepared on a going
concern basis, please disclose this fact
together with the basis on which the trustees
prepared the accounts and the reason why the
charity is not regarded as a going concern.
**_Not applicable_**
**1.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.
* -Tick as appropriate|
|---|---|---|---|
|Yes*
No*||* -Tick as appropriate||
||x|||
|**_Please disclose:_**||||
|**_(i) the nature of the change in accounting policy;_**|||**_Not applicable_**|
|**_(ii) the reasons why applying the new accounting policy_**
**_provides more reliable and more relevant information;_**
**_and_**|||**_Not applicable_**|
|**_(iii) the amount of the adjustment for each line affected_**
**_in the current period, each prior period presented and_**
**_the aggregate amount of the adjustment relating to_**
**_periods before those presented, 3.44 FRS 102 SORP._**|||**_Not applicable_**|
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
|Yes*
No*||* -Tick as appropriate|* -Tick as appropriate|
|---|---|---|---|
||x|||
|**_Please disclose:_**||||
|**_(i) the nature of any changes;_**|||**_Not applicable_**|
|**_(ii) the effect of the change on income and expense or_**
**_assets and liabilities for the current period; and_**|||**_Not applicable_**|
|**_(iii) where practicable, the effect of the change in one or_**
**_more future periods._**|||**_Not applicable_**|
## **1.5 Material prior year errors**
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
|Yes*
No*
x
**_Please disclose:_**||* -Tick as appropriate|* -Tick as appropriate|
|---|---|---|---|
||x|||
|**_(i) the nature of the prior_**||**_period error;_**|**_Not applicable_**|
|**_(ii) for each prior period presented in the accounts, the_**
**_amount of the correction for each account line item_**
**_affected; and_**|||**_Not applicable_**|
|**_(iii) the amount of the correction at the beginning of the_**
**_earliest prior period presented in the accounts._**|||**_Not applicable_**|
14
CC17a (Excel)
12/30/2025
**Section C**
**(cont)**
**Notes to the accounts**
## **Note 2 Accounting policies**
## **2.1 INCOME**
_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._
|**Recognition of income**
These are included in the Statement of Financial Activities (SoFA) when:
·
the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
·
the monetary value can be measured with sufficient reliability.
**Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required or
permitted by the FRS 102 SORP or FRS 102.
**Grants and donations**
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on receipt.
In the reporting period in which the stocks are distributed, they are recognised as an
expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
**Legacies**
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
**Government grants**
The charity has received government grants in the reporting period
**Tax reclaims on donations**
**and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift
and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
**Contractual income and**
**performance related**
**grants**
**Donated goods**
**Donated services and**
**facilities**
**Support costs**
The charity has incurred expenditure on support costs.
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
This includes any realised or unrealised gains or losses on the sale of investments and
**Volunteer help**
**Income from interest,**
**royalties and dividends**
**Income from membership**
**subscriptions**
**Settlement of insurance**
**claims**
**Investment gains and**|Yes
No
N/a|Yes
No
N/a|Yes
No
N/a|
|---|---|---|---|
||x|||
||Yes
No
N/a
|||
||x
|||
||Yes
No
N/a|||
||x|||
||Yes
No
N/a|||
||x|||
||Yes
No
N/a|||
||x|||
||Yes
No
N/a|||
|||x||
||Yes
No
N/a|||
||x|||
||Yes
No
N/a|||
||x|||
||Yes
No
N/a|||
||||x|
||Yes
No
N/a|||
||||x|
||Yes
No
N/a|||
||||x|
||Yes
No
N/a|||
||||x|
||Yes
No
N/a|||
||||x|
||Yes
No
N/a|||
||||x|
||Yes
No
N/a|||
||||x|
||Yes
No
N/a|||
|||x||
||Yes
No
N/a|||
||x|||
||Yes
No
N/a|||
||x|||
||Yes
No
N/a|||
||||x|
||Yes
No
N/a|||
||||x|
||Yes
No
N/a|||
||||x|
||Yes
No
N/a|||
15
|**2.3 ASSETS**
**Intangible fixed assets**
**Heritage assets**
**Stocks and work in**
**progress**
**Debtors**
**Current asset investments**
**Grants with performance**
**conditions**
**Grants payable without**
**performance conditions**
**Redundancy cost**
**Deferred income**
**Creditors**
**Provisions for liabilities**
**Basic financial**
**instruments**
**Tangible fixed assets for**
**use by charity**
**Investments**
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
The charity made no redundancy payments during the reporting period.
No material item of deferred income has been included in the accounts.
The charity has creditors which are measured at settlement amounts less any trade
discounts
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
These are capitalised if they can be used for more than one year, and cost at least
They are valued at cost.
The depreciation rates and methods used are disclosed in note 9.2.
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 9.5
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.
They are valued at cost.
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.
The charity has has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than to
meet short term cash commitments as they fall due.
They are valued at fair value except where they qualify as basic financial instruments.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of the
obligation can be measured with reasonable certainty.
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
y
g
any gain or loss resulting from revaluing investments to market value at the end of the
year.
**2.2 EXPENDITURE AND LIABILITIES**
**Investment gains and**
**losses**
**Liability recognition**
**Governance and support**
**costs**|||||
|---|---|---|---|---|
|||||x|
|||Yes
No
N/a|||
|||x|||
|||Yes
No
N/a|||
|||||x|
|||Yes
No
N/a|||
|||||x|
|||Yes
No
N/a|||
|||||x|
|||Yes
No
N/a|||
|||||x|
|||Yes
No
N/a|||
|||x|||
|||Yes
No
N/a|||
|||x|||
|||Yes
No
N/a|||
|||x|||
|||Yes
No
x|||
|||||ü|
|||Yes
No
N/a|||
|||x|||
|||Yes
No
N/a|||
||||||
|||x|||
|||Yes
No
N/a|||
|||||x|
|||Yes
No
N/a|||
|||||x|
|||Yes
No
N/a|||
|||||x|
|||Yes
No
N/a|||
|||||x|
|||Yes
No
N/a|||
|||x|||
|||Yes
No
N/a|||
|||||x|
|||Yes
No
N/a|||
|||||x|
|||Yes
No
N/a|||
|||||x|
|||Yes
No
N/a|||
|||||x|
|||Yes
No
N/a|||
|||x|||
|||Yes
No
N/a
|||
|||||x|
|||Yes
No
N/a|||
|||||x|
16
## **Section C Notes to the accounts (cont)**
## **Note 3**
## **Analysis of expenditure**
|**TOTAL EXPENDITURE**
**Expenditure on**
**charitable**
**activities**
Charitable activities as described in
Trustees Report
**Total expenditure on charitable**
**activities**
**Analysis**
**Expenditure on**
**raising funds:**
General fundraising
**Total expenditure on raising funds**|**Analysis**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|
|---|---|---|---|---|---|---|
||General fundraising|2,924|||2,924|720|
||||||||
||||||||
||||||||
||||||||
|||-|-|
-|-|
-|
||**Total expenditure on raising funds**|2,924|
-|-|2,924|720|
||||||||
||Charitable activities as described in
Trustees Report|137,851|5,271|-|143,122|106,959|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||**Total expenditure on charitable**
**activities**|137,851|5,271|-|143,122|106,959|
||||||||
|||140,775|5,271|-|146,046|107,679|
17
CC17a (Excel)
12/30/2025
## **Section C**
## **Notes to the accounts**
## **Note 4 Details of certain items of expenditure**
**Fees for examination of the accounts**
## _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
|**Assurance services other than audit or independent examination**
**Tax advisory fees**
**Other fees (for example: financial advice, consultancy, accountancy services) paid**
**to the independent examiner**
**Independent examiner’s fees**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||Nil|Nil|
||Nil|Nil|
||Nil|Nil|
||Nil|Nil|
18
CC17a (Excel)
12/30/2025
## **Section C**
**Notes to the accounts**
**(cont)**
**Note 5 Paid employees** _**Please complete this note if the charity has any employees.**_
## **5 Staff Costs**
|**Salaries and wages**
**Social security costs**
**Pension costs (defined contribution scheme)**
**Other employee benefits**
**Total staff costs**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||39,062|30,764|
||-|-|
||||
||-|-|
||39,062|30,764|
**Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party**
_**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_
**No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000**
**None**
**Please provide the total amount paid to key management personnel (includes trustees and senior management) for their services to the charity**
£5,371 was paid to Margaret Douglas in 24/25 [23/24 - £8,620]. £12,459 was paid to Sophie Douglas in 24/25 [23/24 - £9,700] See note 9 for further information.
**Average head count in the year The parts of the charity in which the employees work**
||**This year**
**Number**|**Last year**
**Number**|
|---|---|---|
|**Fundraising**|-|-|
|**Charitable Activities**|4|3|
|**Governance**|-|-|
|**Other**|-|-|
|**Total**|
4|3|
19
CC17a (Excel)
12/30/2025
|**Section C**|**Notes to the accounts**
**(cont)**|**Notes to the accounts**
**(cont)**|**Notes to the accounts**
**(cont)**|**Notes to the accounts**
**(cont)**|**Notes to the accounts**
**(cont)**|**Notes to the accounts**
**(cont)**|
|---|---|---|---|---|---|---|
|At the beginning of the
year
Additions
Revaluations
Disposals
Transfers *
At end of the year
****Basis**
**** Rate**
At beginning of the
year
Disposals
Depreciation
Impairment
Transfers*
At end of the year
Net book value at the
beginning of the year
Net book value at the
end of the year
**6.3 Net book value**
**Note 6**
**_Please complete this_**
**6.1 Cost or valuation**
**6.2 Depreciation and**|**Freehold land**
**& buildings**
**Other land &**
**buildings**
**Plant,**
**machinery and**
**motor vehicles**
**Fixtures,**
**fittings and**
**equipment**
**Total**
**£**
**£**
**£**
**£**
**£**
-
69,426
35,427
- 104,853
-
-
- -
- -
- -
-
- -
- -
-
- -
- -
-
-
69,426
35,427
- 104,853
**Tangible fixed assets**
**_note if the charity has any tangible fixed assets_**
**impairments**||||||
|||SL|SL|||Straight Line
("SL") or
Reducing
Balance
("RB")|
|||Between 10 &
15years|
Between 5 &
10years|||SL|
||-
18,391
33,316
-
51,707
- -
- -
-
-
5,306
1,057
-
6,363
- -
- -
-
- -
- -
-
-
23,697
34,373
-
58,070
-
51,035
2,111
-
53,146
-
45,729
1,054
-
46,783||||||
||-|51,035|2,111|-|53,146||
||-|45,729|1,054|-|46,783||
20
CC17a (Excel)
12/30/2025
|**Section C**
**Notes to the accounts**|**(cont)**|**(cont)**|
|---|---|---|
|**Note 7**
**Cash at bank and in hand**
**Other**
**Total**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**
**Cash at bank and on hand**|**This year**
**Last year**
**£**
**£**
- -
- -
159,841 160,149
- -
159,841 160,149||
||**This year**
**£**|**Last year**
**£**|
||-|-|
||-|-|
||159,841|160,149|
||-|-|
||159,841|160,149|
21
CC17a (Excel)
12/30/2025
**Section C**
**Notes to the accounts (cont)**
**Note 8 Charity funds**
## **8.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
|**_funds_**|||||||||
|---|---|---|---|---|---|---|---|---|
|**Fund names**|**Type PE, EE**
**R or UR ***|**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
|Unrestricted|UR|Charitable objects of organisation|171,189|137,375|140,775|-|-|167,789|
|Restricted|R|Life Skills Project|40,665|-|3,271|-|-|37,394|
|Restricted|R|Work experience education|1,441|||-|-|1,441|
|Restricted|R|Roof Replacement|-|2,000|2,000|-|-|-|
||||-|-|-|-|-|-|
|**Total Funds**|||213,295|139,375|146,046|-|-|206,624|
22
CC17a (Excel)
12/30/2025
## **Section C**
**Notes to the accounts**
**(cont)**
## **Note 8**
## **Charity funds (cont)**
## **8.2 Details of material funds held and movements during the PREVIOUS reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
|**_funds_**|||||||||
|---|---|---|---|---|---|---|---|---|
|**Fund names**|**Type PE, EE**
**R or UR ***|**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
|Unrestricted|UR|Charitable objects of organisation|54,416|221,181|104,408|-|-|171,189|
|Restricted|R|Life Skills Project|43,936||3,271|-|-|40,665|
|Restricted|R|Work experience education|1,441|-|-|-|-|1,441|
|Restricted|R|Surface Replacement|-|||-|-|-|
|**Total Funds**|||99,793|221,181|107,679|-|-|213,295|
23
CC17a (Excel)
12/30/2025
**Notes to the accounts**
## **Section C**
## **(cont)**
## **Note 9**
## **Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_
## **9.1 Trustee remuneration and benefits**
**None of the trustees have been paid any remuneration or received any other benefits from an FALSE employment with their charity or a related entity (True or False)**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of trustee**|**Name of trustee**|**Legal authority (eg**
**order, governing**
**document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|
|---|---|---|---|---|---|---|---|
||||**This year**||||**Last year**|
||||**Remuneration**|**Pension**
**contribution**|**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**|**Other**|**TOTAL**|
||||**£**|**£**||**£**|**£**|
|Margaret Douglas||Governing Document|5371||||8620|
|Sophie Douglas||GoverningDocument|12459||||9700|
|||||||||
|||||||||
_**Please give details of why remuneration or other employment benefits were paid.**_
For services provided in the management and running of the charity and the delivery of its chaitable activities.
## **9.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_
**No trustee expenses have been incurred (True or False)**
_**TRUE**_
## **9.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
**There have been no related party transactions in the reporting period (True or False)**
_**FALSE**_
|**Name of the trustee**
**or related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**|**Amount**|**Balance at**
**period end**|**Provision for bad**
**debts at period end**|**Provision for bad**
**debts at period end**|**Amounts**
**written off**
**during**
**reporting**
**period**|
|---|---|---|---|---|---|---|---|
||||**£**|**£**|**£**||**£**|
|Brook Forge
Developments Ltd|Directors are
sons of a
Trustee|Construction & repairs
work; Rent|£9,444|Nil|Nil|Nil|Nil|
|Brook Forge Farriers
Ltd|Directors are
sons of a
Trustee|Farrier|£3,250|Nil|Nil|Nil|Nil|
|C B Johns & Partners|Trustee is a
Director|Supply of hay|£2,265|Nil|Nil|Nil|Nil|
|M Douglas|Individual is a
Trustee|Provision of Grass
Livery|£8,500|Nil|Nil|Nil|Nil|
_**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_
Payments are settled in cash upon presentation of invoices or as per the agreed terms. Terms are conducted on a market or below market rate.
_**For any related party, please provide details of any guarantees given or received.**_
n/a
24
CC17a (Excel)
12/30/2025