Reglstered number.. 07904571
Charlty number.. 1148612
UNICORN EQUESTRIAN CENTRE
(A company Ilmlted by guarantee)
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

UNICORN EQUESTRIAN CENTRE
(A company limlted by guarantèe)
CONTENTS
Page
Ref8ronce and adminl$tratlve details of the charityi its truste9$ and advlsgrs
Trustees. roport
Indopendent gxamlnerfs report
Statement of financial activities
Balance sh8ot
Notès to the financlal statements
7-16

UNICORN EQUESTRIAN CENTRE
IA company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. rrs TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2024
Company registered number
07904571
Charity reglstered number
1148612
Registered office
Nelherswell Manor Farm. Nelherswell. StOWqon.Ih&Wold. Glouceslershire. GL541JZ
Company secretary
Ms Sydney Lanier Smith
Senlor management team
Mrs M J Campbell. Tfuslee
Ms C Glennie. Trustee
Mr A M G Glennio. Trustee
Mr J S G Gloag, Trustee
Independent Examlner
Elizabeth Newell BA {Honsl FCA. The Pinnacle. 150 Midsummer Boulevard. Milton Ke￿es. Buckinghamshire.
MK9 1LZ
Page 1

UNICORN EQUESTRIAN CENTrE
IA ¢ompany Ilmlted by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their annLtal report together wlh the financial statements of the company for the 1 January
2024 10 31 December 2024. The Trustee confirm that the Annual Report and finaricial statements of the
company comply with the curronl stalvlory requirements, the requirements of the company's goveming
document and the provisions of the Statement of Recommended Practice ISORPI, applicable lo eharilies
preparing their accounts in accordance with the Financtal Reporting Standard applicable in the UK and R&public
of Ireland IFRS 102) leffective 1 January 20191 as amended by Update Bulletin 1 (effective 1 January 20191.
Since the company qualifies as small under section 383. the strategic report requlred of medlum and largè
companies undgr The Companies Act 2006 (Strategic RgPOrt and Direclorfs Reportl Regulalions 2013 is not
required.
OBJECTIVES AND ACTIVITIES
Policies and objectives
The purpose of the charity is lo provide eqLtestrian facilities and training for those of all abilities in¢luding those
who are disadvantaged andlor in neèd, minority and youth groups and those persons with physi¢81 tsr leaming
i$abililies, for the purposes of recreation, education and social welfare. and promoting communlty partlcipalion
In healthy recreation through the provision of equestrian sports.
The Iru5tees have paid due regard lo guldance Issued by the Charity Commission. including public benefit
guidance, in deciding what 8¢tivilies the charity should undertake.
b. ACHIEVEMENTS AND PERFORMANCE
The Trust continues lo support the local Community by offering affordable training facilib'ès lor all. We are
delighted that they have expanded and in¢reased their usage with future bi)okings unts'l 2028. Schools. pony
clubs, equestrian vaLJlting, local riding clubs. and carriage driving lo name a few. New eventsldients in 2024
include The Association of British Riding Clubs and educational clinics such as Katherine Harberd with
Allgnment Horse.
The local riding club ¢amps are promng very p)pular, giving people access to all aspects of horse ownership and
training.
The Trust continue to woth dosely with the RDA to run an onsite camp for people wlth all disabilib'es enabling
them to learn lo Carriage Drive In a s8fe and secure environment.
2024 Saw an increase in Ihe"Teaching Camps" focusing on good horsemanship. correct posturg for both horse
and rider and general care.
As electficily bills are sel lo rise. coinciding with our arena lights needir*g lo be replaced. new LED lights were
installed to create better lighting al a fraction of the cost.
The Trust also matje some slgnlflcanl improvements lo the drive and drainage to the lower arena.
c. FINANCIAL REVIEW
The lolal fund surplus for the year amounted lo £46512023-. deffctt of £14.053). Totsl Incomlng resources were
£219,234 {2023.' £214,617>. ResoLtrces expended were £218.769 (2023.. £228,670).
Page 2

UNICORN EQUESTRIAN CENTRE
IA etsmpany Ilmlt8d by guarantee)
TRUSTEES, REPORT l¢ontlnuedl
FOR THE YEAR ENDED 31 DECEMBER 2024
d. STRUCTURE, GOVERNANCE AND MANAGEMENT
Unicorn Equestrian Centre is a charitable cornpany IimileLI by guarantee, incorporated tsn 10 January 2012. and
r8gislered as a charity on 16 August 2012. The Company was established under a Memorandum of Association
which established the objects and pow¢fs of the charitable company and is governed under ils Arb"cle of
Association. In the event Df the comp?ny being wound up each member is required to contribute an arnounl not
exceeding trto.
e. GOING CONCERN
At the lime uf approving the financial statements, the Lrustee8 have a reasonable expect81￿On t￿lat Ile whar','ty las
adequate resources lo ¢onlinue in operational existen¢6 for the foreseeable future. Thus the trustees continue lo
adopt the going concern basis of accounting in preparing the financial slaiements.
f. RESERVES POLICY
The Trustees ccinsider that such level of r&serves should be maintained in Unrestricted Funds as is npcessary to
safe9uard the continuity of the company's activitie5 and these are reviewed on 8 regular basis. Unrestricted
reserves al 31 December 2024 were £1,099,74212023'. £1.098,6401.
TRUSTEES, RESPONSIBILITIES STATEMENT
The Trustees (who are also directors of Unicorn Eouestrian Centre for the purposes of company lawl are
responsible for preparing the Trustees, ieport and th6 financial statements in accordance with applicable law and
United ￿'ngdoM Accounting Standards (United ￿'ngdoM Generally Ac¢epled Accounting PT8clicel.
Company law req(Jires the Trustees to prepare financial slalements for each financial year. Under company law
the TTusle&s musl not approve the financial slalemenls Ljnless they are satisfied that they give a true and fair
view of the stale OJ ayairs of t￿le c*aritabla womp8ny and of the Inco￿￿ ing re8oJrces and application ol resources,
including the income and expenditure, of the charitable company for that period. In preparing these financial
statements, the Trustees are required lo
select suitable accounb'ng policies and then apply thern consislenlly,,
observe the methods and prfnciple$ in the Charities SORP,
rnake judgments and accounting estimates that 8re ieasonable and prudent,
prepare the financial statements on the going concern basis unless it is inappropriate lo presume that the
charitable company w111 continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the char118ble comp8ny's Ir8nsa¢tions and disclose with reasonable accuracy al any lime the financial position of
the chaiitable company and enable them to ensure that the financial slalements comply with the Companies A¢t
2006. They kre also re$ponsible for safegu8rdit)g the assets ol Ihè cha(itsble company and hence lor takin9
rea50n8ble steps for the prevention and detection of fraud and other irregu18rilies.
is report was approved by the Trustees. on 11
nd signed on their behalf by".
Mrs Mary Jane Campb811
Trustee
Page 3

UNICORN EQUESTRIAN CENTRE
IA company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
INDEPENDENT EXAMINER'S REPORT TO ThE TRUSTEES OF UNICORN EQUESTRIAN CENTRE {the
'¢ompany'l
I report lo the Charity Trustees on my examination of the accounts of the company for the year ended 31
December 2024.
This report is made solely to the ￿mpan￿$ Tiuslees. as a body, in accordance wilh Part 4 of the Charlties
{Ac¢otJnts and Reports) Regulatsons 2008. My work has been undertaken so that I might slate to the companys
Trustees those matters l arn requlred to slate to them in an Independent examingr's report and for no other
purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the
company and the company's Trustees as a body, for my work or for this report.
RESPONSIBILMES AND BASIS OF REPORT
As the Trustges of the company land its directors for the purposes of company lawl you are responsible lor Ihg
preparation of the accounts in accordance with the requirements of the Companies Act 2006 Cthe 20[￿ Acl'l.
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 exafflinalion of the companvs
accounts carried out under sgction 145 of the Charities Act 2011 {￿he 2011 AcY}. In carrying out my examination
I have followed the Directions given by tho Charity Commission under section 14515llbl of the 2011 Act.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my exarninalion. I can confirm that no mallers have come to my attention in connection with
the examinats'on giving me cause to believe..
accounting rewrds weie not kepl in respect of the company as required by section 386 of the 2006 Act
or
the accounts do not aecord with those records,. or
the accounts do not compty with the accounting requirements of section 396 of the 2006 Act other than
any requiremenl that the accounts give a 'lrue and lair. view which is not a matter considered as part of
an independent examinatlon., or
the accounts have not been prepared in accordance wlth the methods and pri￿lpleS of the Slalemenl of
Recommended Practs'ce for accounting and reporting by charities lappli¢8ble to Charities preparing their
accounts in a¢cordan¢e wth the Financial Repo￿ng Standard applicable in the UK and Republic of
Ireland {FRS 1Q2}1.
I have no concerns and have come across no other matters In connection with the examinats'on to which
attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached.
Signed..
Dated.. li 2025 .
Elizabeth Newell BA (Hons} FCA
The Pinn8de, 150 Midsummer Boulevard, Milton Keynes, MK9 1LZ
Page 4

UNICORN EQUESTRIAN CENTRE
IA company Ilmited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unre$trl¢ted Restrlcted
fund5
funds
2024
2024
Total
funds
2024
rolal
funds
2023
Note
INCOME FROM:
Charitable activities
Investments
218.327
907
218.327
907
214, 731
496
TOTAL INCOME
219.234
219.234
214,617
EXPENDITURE ON:
Charitable activities
218.132
837
218,769
228,670
TOTAL EXPENDITURE
218,132
637
218,769
228,670
NET INCOME I IEXPENDITUREI BEFORE
OTHER RECOGNISED GAINS AND LOSSES
NET MOVEMENT IN FUNDS
1,102
1,102
{6371
16371
465
(14,053J
{14.053J
465
RECONCILIATION OF FUNDS:
Total funds brought forward
1.098.640
4.783
1.103,423
1. 117.476
TOTAL FUNDS CARRIED FORWARD
1,099.742
4,146
1,103,888
1, 103,423
The notes on pages 7 10 16 form part of thesè financial statements.
Page 5

UNICORN EQUESTRIAN CENTRE
IA Company limited by gyaranteel
REGISTERED NUMBER: 07904571
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Note
FIXED ASSETS
Tangible 85sets
CURRENT ASSETS
Stocks
10
1,049,924
1.053.926
1,598
5,175
104,398
4,268
13,211
84,398
Debtors
Cash 81 bank and in h8nd
12
111,171
101.877
CREDITORS: amounts falling due within
one year
157,2071
[52,380)
NET CURRENT ASSETS
53,964
49,497
NET ASSETS
1,103,888
l. YQ3,423
CHARITY FUNDS
Reslficled funds
Unrestricted funds
14
4,146
1,099,742
4.783
1.098,640
14
TOTAL FUNDS
1.103,888
1. lQ3,423
The ￿0Mpan*S fiii uilcisl stalerrients have been prepared in accordance Wilh 'he provisions applicable lo
companies su￿.ect to th$ small companies regime.
The Trustees consider that the company is ent411ecS to exemption from the requirement to have an audit under the
provisions ol section 477 of the Companies Act 20061'lhe Act") and membors have not required the company to
obtain an audit lor the year In questson In accordance with section 478 of the Act.
The Tru51ees acknowledge Iheir responsibilities for complsqng with the reouirements of the Comp8ni&s Act 2006
with respect to aceounting records and the prep8r81ion of f5nan¢ial statemenls.
The fir)ancial $lalem&nls were 8pprov¢d and aulhorised for issue by the Trustee5 on
signed on their behalf. by.
and
Mrs Mary Jane Campbell- Trustee
The notes on pages 7 to 16 fonn part of these financial statements.
Page 6

UNICORN EQUESTRIAN CENTRE
(A Company Ilmltgd by guarant$o)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES
1.1 8#$is of preparatlon of financlal statements
Thg financial slalemgnls have been prepared in acGordan¢g with A¢¢ounling and Reporting by
Charilies.- Statement of Recommended Practice applicable to charities preparing their ac¢ount5 Iri
accordance with the Financial Reporting Standard applicable in the UK and RepLtbli¢ of Ireland IFRS
1021 leffe¢live 1 January 2019}- Ichaflties SORP IFRS 10211.
Unicorn Equestrian Centre meets the tjefinition of a publSc bfrnefil entity under FRS 102. Assets and
liabilibes are initially recognised at historical cost OT transaction value unless othenNise slated in the
relevant accounting policy.
1.2 Company ststus
The company is a company limited by guarantee. The members of the company are the Trustees
named on page 1. In the event of the company being wound up, the liability in respect of the
guarantee is limited to £10 per member of the company.
1.3 In¢ome
All income is recognised once the company has enlillemenl lo the income, il is probable that the
income will be received and the amount of income receivable can be measured reliably.
For legacies, enliuemenl is tsken as the earlier of the date on which either.. the company is aware
that probate has been granted, the eslale has been finalised 8nd notification has been rnade by the
execulorlsl to the Trust that a distribution will be made, or when 8 distribution is received from the
estate. Receipl of a legacy. in whole or in part. is only considered probable when Iho amount can be
mgasurgd reliably and Ihg company has been nrilified of the executor's intention lo make
distribUt￿On. Where legacies have been notified to the company. or the company i% awa￿ of the
granting of probate. and the crlteria for income ￿cOgnItion have not been met. then the legacy is
treated as a contingent asset and disclosed If material.
Donated servlces oi facilities are recognised whgn the wmpany has control ovtrr the il¢m. any
conditions as50cialed with the donated item havtr been mel. the receipt of economic benefil from the
use of the company of the item is probable and that economie benefit can be measured reliably. In
a¢cordan¢e with the Charities SORP IFRS 1021. the general volunteer lime of the FI￿ndS is not
cognised and refer to the TNstees' report for more infomiation about their contribution.
On receipt. donated professional ServI￿S and donated facilities are recognised on the basis of the
value of the gift to the company whi¢h is the amount the company would have boen wlling lo pay to
obtain Services or facilities of equivalent economic bènefit on the open market,. a corresponding
amount is then recognised in expenditure in the period of receipl.
Income tax recoverable in relation lo donations recelved under Gift Aid or deeds of covenant is
recognise(J al the lime of the donallon.
Income tsx recoverable in relalion to Investment inwme is recognised al the limo the investment
income is receivable.
Page 7

UNICORN EQUESTRIAN CENTRE
IA company limited by yuaranteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES I￿ntInued>
1.4 Expendlture
Expenditure is recognised once there is a legal or constructive obligation lo transfer economic
benefit to a third party. tt is probable that 8 transfer of economic benefits will be required in
settlernenl and the amount of the obligallon can be measured rellably. Expenditure is classifted by
actlvity. The costs of each activity are rnade up of the total of direct costs and shared costs.
SncludirTrg sUPPOrt costs involved in undertaking each activity. Direct costs attributable lo a single
activity are allocated directly lo that activity. Shared costs which contribute lo more than one activity
and support costs which are not attributable to a single activity are apportioned belween those
activities on a basis consistent with the use of resources. Central staff costs are allocated on the
basis of lime spent. and depreciation charges allocated on the portion of the asset's use.
Governance costs are Ihose incurred in connection with administration of the company and
¢omplian¢e with ¢onslit¢Jlional and stalulory requirements.
Charitable activltie5 and Governance costs are costs Incu¥red on the compan￿$ operations,
Including support costs and costs relating to the governance of the o)mpany apportioned lo
tharilable activities.
1.5 Tanglbl• fix•d assets and depreciatlon
A review for impaim*nl of a fixed asset Is carTied out rf events or changes in circumstances indicate
that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying
value of fixed assets and their recoverable amounts are recognised as impairments. Impairment
losses are reccyJnised In the Ststemenl of fin8ncial 8clivilies incorporating income and expenditure
account.
Tangible fixed assets are carried al cost, nel of depreciation and any provision lor impairment.
Depreciation is provided al rates cal¢ulaled lo write off the cost of fixed assets. lass their estimated
residual value, over their expected tjseful lives on the following bases=
Freehold land and buildings
Fixtures and fittings
Office equipment
15 /• Reducing balance on buildings
15 /0 Reducing balance
15Q/o Reducing balance
1.6 Interest rec6lvabl8
Interest on funds held on deposit Is included when ￿CeIVable and the amount can be measured
reliably by the company.. this is nomially upon notification of the interest paid or payable by the Bank.
1.7 Stocks
Slocks are valued at the lower of cost and net realisable value after making due allowance for
obsolete and slow-moving stocks. Cost indudes all ijirect ￿5t5 and an approprfale proportion of
fixed and variable overheads.
1.8 D•btor$
Trade and other debtors are recognised al the settlement amount after any trade discount offered.
Prepay)nenls are valued al the amount prepaid nel of any trade discounts due.
Page 8

UNICORN EQUESTRIAN CENTRE
IA company Ilmited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES Icontinuedl
1.9 Cash at Bank and In hand
Cash al bank and in hand includes cash and short term highly liquid investmen15 With a short
maturity of three months or less flom the date of acquisition or opening of the (leposit or similar
account.
1.10 Uabllltles and provl$lons
Liabilities are recognised when there is an obligation at the Balance sheet date 8s 8 result of a past
event. il is probable that a transfer of economic benef¢t will be required in settlement, and the
amount of the setuemenl Can be estimated reliably. Liabilities are recognised al the amount that the
company anlicipales il will pay lo settle the debt or the amount it has re￿iVed as advanced
payments for the goods or ServI￿S it musl provide. Provisions are measured at th6 best estimate of
the amounts required to settle the obligation. Where the effect of the time value of money is
material. the provision is basecj on the present value of those amounts, discounleLf at the pre-tax
discount rate that refflects the risks specific to the liability. The unwinding of the discount is
recognised wlhin interest payable and sSmllar charges.
1.11 Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments.
Basic financial instruments a￿ initially ￿CogniSed at transaction value and
subsequently measured at their settlement value with the exception of bank loans which 8re
subsequently measured al amortised cost using the effective Inte￿$1 method.
INCOME FROM CHARITABLE ACTIVITIES
Unr¢$tri¢t•d R•$lrld8d
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Donations and gifts
218,327
218,327
214, 121
218.327
218.327
214, 121
Total 2023
214, 121
214. 121
Page 9

UNICORN EQUESTRIAN CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
INVESTMENT INCOME
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2024
Total
funds
2023
Invèslmenl income
907
496
Total 2023
496
496
DIRECT COSTS
Total
2024
Total
2023
Governanc•
Activitigs
Light & Heat
Motor Expenses
Othèr office costs
Purchases and dosing stock
Telephone
Catering costs
Cleaning
Marketing
Computer costs
Repair and maintenance
Insurance
Rates and water
Accomodalion
Legal and professional
Independ&nt examination and
accountancy
Bank charges
Wages and salaries
National insurance
Pension cost
Depreciation
13.729
1.843
12,534
22,755
2,270
12.960
10.332
326
13,729
1.843
12.534
22.755
2.270
12.960
10.332
326
480
25.662
10,996
586
13.817
4.740
11.486
22.102
2.323
14,765
9.870
146
1,992
42,331
11,407
763
25
10,694
25,662
10,996
586
11.288
11.2B8
4,971
4,971
86
72.391
3,630
862
11.068
4.394
86
61,331
3,271
795
12.332
86
72,391
3.630
862
11.068
16,259
202,510
218,769
228,670
Total 2023
15,088
213,582
228.6TO
Page 10

UNICORN EQUESTRIAN CENTRE
IA company limitèd by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
GOVERNANCE COSTS
Unre$trl¢ted Re$trl¢ted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Direct costs- Governan
16,259
16.259
15,088
ANALYSIS OF EXPENDITURE BY EXPENDITURE TYPE
Staff costs D¢pro¢lation Oth•r ¢osts
2024
2024
2024
Total
2024
Total
2023
Direct costs
Expenditure on governance
76,883
11,068
114,559
16,259
202,510
16,259
213,582
15,088
76,883
11.068
130,818
218,769
228,670
rotal 2023
65,397
12,332
150,941
228,670
NET INCOMEIIEXPENDITUREI
This is slated after charging..
2024
2023
Depreciation of tangible fixeij assets..
- owned by the charity
11.068
12.332
During the year. no Twstees received any remuneration12023- £NIL}.
During the year, no Tiuslees received any benefits in kind12023- £NIL}.
During the year, no Trustees received any reimbursement of expenses12023- £NILI-
INDEPENDENT EXAMINATION
The Independenl Examlnels remuneratlon amounts to an Independent Examination fee of £2,600 (2023-
£2.450.
Page 11

VNICORN EQUESTRIAN CENTRE
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
STAFF COSTS
Staff costs were as follows:
2024
2023
Wages and salaries
Social security costs
Other pension costs
72,391
3.630
862
61.331
3,271
795
76,883
65.397
Included in wages and salaries are amounts paid to casual labourers tolalllng £36,988 (2023= £28.5371.
The average number of persons employed by the company during the year was as follows..
2024
2023
No.
No employee recelved remuneratioa amounting to more than £60.000 in either year.
10. TANGIBLE FIXED ASSETS
Freehold
land and Fixture5 and
buildings
rittings
Offi¢e
equipment
Total
Cost
Al 1 January 2024
Atjdilions
1.190.984
126.245
32,701
7.066
1,349,930
7,066
Al 31 December 2024
1,190,984
126,245
39.767
1.356.996
Depreclatlon
At 1 January 2024
Charge for the year
165,753
6,389
101.272
3,746
28,979
933
296,004
11,068
At 31 December 2024
172,142
105,018
29,912
307.072
Net book value
Al 31 Decembor 2024
1.018.842
21,227
9,855
1,049,924
At 31 December 2023
1.025.231
24,973
3,722
1,053,926
Page 12

UNICORN EQUESTRIAN CENTRE
IA company Ilmited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
11. STOCKS
2024
2023
Finlshed goods and goods for resale
1.598
4,268
12. DEBTORS
2024
2023
Trade dgbtors
Other dabtors
Prepaymer)ts and aCc￿ed income
3,481
910
12,508
703
5,175
13,211
13. CREDITORS.. Amounts falling due within one year
2024
2023
Other loans
Trade creditors
Other Creditors
AccNals and defetted Income
40.000
4.160
9,797
3.250
40.000
6,183
3,039
3,158
57.207
52.380
Page 13

UNICORN EQUESTRIAN CENTRE
IA company limlted by guarantse)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
14. STATEMENT OF FUNDS
STATEMENT OF FUNDS- CURRENT YEAR
Balance at
31
Dècèmber
2024
Balance at
1 January
2024
Incomo Expenditure
Unrestricted funds
General Fund
1,098.640
219.234
{218,1321 1,099,742
Restricted funds
Arena Restjrfacing
Mechanical Horse
533
4,250
533
3.613
{6371
4,783
16371
4.146
Totsl of funds
1.103,423
219.234
1218.769} 1.103,888
P8ge 14

UNICORN EQUESTRIAN CENTRE
(A eompany limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
14. STATEMENT OF FUNDS Icontinuod)
STATEMENTOF FUNDS - PRIOR YEAR
Balance at
31
December
2023
Balance al
l January
2023
Income Expenditure
General funds
General Fund
1,111.943
214,617
(227.920) 1,098,640
R•strlcted funds
Arena Resurfaclng
Mechanical Horse
533
5.000
533
4.250
(750)
Totsl of funds
7.IY7,476
214,617
(228.670) 1, 103,423
SUMMARY OF FUNDS- CURRENT YEAR
Balance at
31
Balan¢0 at
1 January
2024
D•comber
2024
Income Expendlture
General fLFnds
Restllcted funds
1,098,640
4,783
219,234
1218,1321 1.099,742
(6371
4.146
1.103.423
219.234
{218,769) 1.103.888
SUMMARY OF FUNDS - PRIOR YEAR
Balance al
31
Balance at
l Janu8ry
2023
December
2023
Incom& EX￿nd1(ure
General funds
Reslricled funds
t,Itl,943
5,533
214,617
(22T.920) 1,098,640
(750)
4, T83
1, 117.476
214.617
f228,6TO} 1, 103,423
Page 15

UNICORN EQUESTRIAN CENTRE
IA company Ilmited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
15. ANALYSIS OF NET ASSETS BETWEEN FUNDS
ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR
Unrestrlcted
funds
2024
RestrScted
funds
2024
Totsl
funds
2024
Tangible fixed assets
CUr￿n1 assets
Creditors due within one year
1.045,674
110.638
(57,2071
4250
533
1.049,924
111,171
157.207)
1,099,742
4,146
1,103,888
ANALYSIS OF NET ASSETS BETWEEN FUNDS- PRIOR YEAR
Unrestncled
funds
2023
Restricted
funds
2023
Total
funds
2023
Tangible fixed assets
Current assets
Creditors due within one year
1.049.676
101,344
(52,380)
4.250
533
1.053,926
101,877
(52,380)
1,098,640
4,783
1. 103.423
16. RELATED PARTY TRANSACTIONS
At 31 December 2024 a sum of £40,000 was owed to Ms S Smith who has a significant fole in the
charitable company's affairs and is Company secretary. The loan is interest free and repayable on
demand. Conlracl staff employed by Ms S Smith were paid £36,98812023.' £28,537) by the charity.
Page 16