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|||Page|
|---|---|---|
|Trustees'
Annual
Report|||
|Statement
ofTrustees'|responsibilities||
|Independent
Examiner's
Report|||
|Statement
of Financial|Activities|10|
|Balance Sheet|||
|Notes to the Financial|Statements|12|
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||||Notes|Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Total|Total|
|||||2023|2023|2023|2022|
|Income and endowments||||||||
|from||||||||
|Donations
and legacies|||3a|16,001||16,001|25,799|
|Charitable
activities|||3b|36,664|18,750|55,414|63,094|
|Other trading
activities|||3c|3,520||3,520|8,087|
|Investments|||3d|23||23|3|
|Total income||||56,208|18,750|74,958|96,983|
|Expenditure
on||||||||
|Raising funds||||1,091||1,091|229|
|Charitable
activities||||48,355|20,251|68,606|97,654|
|Total expenditure||||49,446|20,251|69,697|97,883|
|Net (expenditure)/income,
movement
in funds||net||6,762|(1,501)|5,261|(900)|
|Total funds brought|forward||9, 10|92,121|7,126|99,247|100,147|
|Total funds carried|forward||8-10|98,883|5,625|104,508|99,247|
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|||Notes|31"August|2023|31"August|2022|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Tangible fixed assets||||13,337||12,014|
|Current assets|||||||
|Debtors|||||||
|Cash at bank and|in hand||92„161||89,846||
||||92,161||89,846||
|Current
liabilities|||||||
|Creditors: amounts
falling
due within one year|||(990)||(2,613)||
|Net current assets||||91,171||87,233|
|Total assets less
liabilities|current|||104,508||99,247|
|Funds:|||||||
|Unrestricted
funds||8,9||98,883||92,121|
|Restricted
funds||8, 10||5,625||7,126|
|||||104,508||99,247|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|||
||||2023|2023|2023|2022|
|a.|Donation|and legacies|||||
||Donations||16,001||16,001|25,442|
||Gift Aid|||||357|
||||16,001||16,001|25,799|
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||||||||Unrestricted|Unrestricted|Restricted||Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Funds|Funds||||
|||||||||2023|2023||2023|2022|
|b.|Charitable
activities||||||||||||
||Activities|||||||5,943|||5,943|11,760|
||Kickstart|||||||||||19,627|
||Mayoral
Neighbourhood|||Fund||||||||569|
||Non disabled|riding||||||5,894|||5,894|2,280|
||Riding income|||||||24,827|||24,827|11,983|
||Steve Morgan|Foundation|||(Staff)||||18,750||18,750|16,875|
|||||||||36,664|18,750||55,414|63,094|
||Income from|charitable||activities||in 2022|comprised|f45,650|for unrestricted||funds and|f17,444|
||related to restricted||funds.||||||||||
|c.|Other trading|activities|||||||||||
||Merchandise|||||||392|||392||
||Fun draising|||||||1,005|||1,005|2,437|
||Party days|||||||1,728|||1,728|462|
||Pony days|||||||395|||395|5,188|
|||||||||3,520|||3,520|8,087|
||Income from|other|trading||activities for 2022 related|||wholly to|unrestricted|funds.|||
|d.|Investments||||||||||||
||Bank Interest|||||||23|||23||
||Income from|investment||for 2022||related|wholly to|unrestricted|funds.||||
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|||||Direct|Support 8|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Charitable|Governance|2023|2022|
|||||Expenditure|Costsf|8|F|
|To provide
participant|therapy,
enjoyment
riders and volunteers||to it
through|32,002|36,604|68,606|97,654|
|working
with horses.||||||||
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|a. Analysed
as follows:|a. Analysed
as follows:|a. Analysed
as follows:|a. Analysed
as follows:||||
|---|---|---|---|---|---|---|
||||||2023|2022|
|Direct charitable||expenditure:||||E|
|Staff salary|costs||||15,276|41,850|
|Pension|||||253|643|
|Volunteer expenses|||||693|3,305|
|Activities costs|||||676|1,698|
|Sessional fees|||||5,845|7,150|
|Equipment|||||93|1,107|
|RDA membership|||and|insurance|590|72|
|Horse and vet costs|||||7,146|13,873|
|Waste disposal|||||1,291|1,063|
|DBSfees|||||139|462|
||||||32,002|71,223|
|Support 8 Governance||||costs:|||
|Staff salary|costs||||17,285||
|Pension|||||351||
|Office costs|||||1,574|1,354|
|Building
running||costs|||3,228|4,021|
|Insurance|||||3,593|1,947|
|Consultancy|||||||
|Uniforms|||||386||
|Marketing||||||12|
|Health and|safety||||1,757|40|
|Site security|and|maintenance|||4,637|14,563|
|HR costs||||||524|
|Training|||||135|14|
|Bank charges and|||card|machine fees|451|526|
|Companies|House||||13|388|
|Payroll fees|||||527|556|
|Accountancy|||||990|940|
|Depreciation|||||1,677|1,546|
||||||36,604|26,431|
|Total expenditure
activities|||on|charitable|68,606|97,654|
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|Staff Costs|||
|---|---|---|
||2023|2022|
|Gross wages and salaries|32,561|41,850|
|Social security|||
|Pension|604|643|
||33,165|42,493|
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|Particulars
ofemployees:|||||||||
|---|---|---|---|---|---|---|---|---|
|The average
number
offull-time|equivalent||employees
during||the year was as follows:||||
||||2023|||2022|||
|Charitable
activities|||1.4|||2.5|||
|No employee
received emoluments||of more|than f60,000 during|||the year.|(2022: none)||
|The Trustees are not remunerated||for their|services and|are|not included||in the above|number
of|
|employees.|||||||||
|No out-of-pocket expenses were|reimbursed||to Trustees|during||the year.|||
|Tangible fixed assets|||||||||
||||Horses||Tack and||Office|Total|
|||||||Riding|Furniture||
|||||Equipment|||and||
|Cost|||E||||Equipmentf||
|Balance as at 1"September 2022|||7,565|||11,430|2,998|21,993|
|Additions
during
the year|||3,000|||||3,000|
|Balance at31"August 2023|||10,565|||11,430|2,998|24,993|
|Accumulated
Depreciation
Balance as at 1"September 2022|||4,274|||3,923|1,782|9,979|
|Charge for the year|||683|||751|243|1,677|
|Balance at31"August 2023|||4,957|||4,674|2,025|11,656|
|Net Book Value at31"August 2023|||5,608|||6,756|973|13,337|
|Net Book Value at 31"August 2022|||3,291|||7,507|1,216|12,014|
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|There are no debtors|There are no debtors|during at year end 31"August 2023|during at year end 31"August 2023|during at year end 31"August 2023|(2022: anil)||
|---|---|---|---|---|---|---|
|7. Creditors: amounts||falling due within one year|||||
|||||2023|2022||
|||||f|f||
|Accruals||||990|2,613||
|8. Analysis of net assets|||between funds||||
||2023|||Tangible
Fixed Assets|Net Current
Assets|Total|
|Unrestricted|Funds|||F|||
|General
Fund||||7,712|91,171|98,883|
|Restricted Funds:|||||||
|Caf Resilience|Fund|||1,257||1,257|
|Steve Morgan|Foundation||(Staff)|4,368||4,368|
|||||5,625||5,625|
|||||13,337|91,171|104,508|
||2022|||Tangible
Fixed Assets|Net Current
Assets|Total|
|Unrestricted|Funds||||f||
|General
Fund||||5,687|86,434|92,121|
|Restricted Funds:|||||||
|Caf Resilience|Fund|||1,397|155|1,552|
|Steve Morgan|Foundation||(staff)|4,930|644|5,574|
|||||6,327|799|7,126|
|||||12,014|87,233|99,247|
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|||||Movements|in the year||
|---|---|---|---|---|---|---|
||2023|Reserves at
beginning
ofyear||Income|Expenditure|Reserves at
end ofyear
f|
|General|Fund||92,121|56,208|(49,446)|98,883|
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||||Movements|Movements|in the year|||
|---|---|---|---|---|---|---|---|
||2022
Reserves at
beginning
ofyear||Income||Expenditure|Reserves at
end ofyear||
|General|Fund|62,049|79,539||(49,467)||92,121|
|General|Fund
is used to finance the charitable
company's|||general|activities as outlined||in the|
|Trustees'|Report.|||||||
|0.Restric|ted
Funds|||||||
||||Movements||in the year|||
||2023
Reserves at
beginning
ofyear|||Income|Expenditure|Reserves at
end ofyear||
|Caf Resilience
Fund||1,552|||(295)||1,257|
|Steve Morgan
Foundation
(Staff)||5,574||18,750|(19,956)||4,368|
|||7,126||18,750|(20,251)||5,625|
||||Movements||in the year|||
||2022
Reserves at
beginning
ofyear|||Income|Expenditure|Reserves at
end ofyear||
|Caf Resilience
Fund||4,979|||(3,427)||1,552|
|LCVS Community
Impact||1,545|||(1,545)|||
|Mayoral
Fund|Neighbourhood|||569|(569)|||
|National|Lottery Community|11,693|||(11,693)|||
|RDA Vaulting
Grant||4,592|||(4,592)|||
|Steve Morgan
Foundation
(Staff)||15,289||16,875|(26,590)||5,574|
|||38,098||17,444|(48,416)||7,126|
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