|||Page|| |---|---|---|---| |Report ofthe Trustees|3|to|8| |Independent
Examiner's
Report|||| |Statement ofFinancial Activities||10|| |Balance Sheet|||| |Notes to the Financial Statements|12|to|17| |Detailed Statement ofFinancial Activities|18|to|19| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2022|2021| |---|---|---|---|---|---|---| ||||||Unrestricted|Total| ||||||fund|funds| |||||Notes||| |INCOME|AND ENDOWMENTS||FROM|||| |Donations|and legacies||||2,260|2,140| |Other trading activities
Investment
income|||||75,710
3|72,077
6| |Total|||||77,973|74,223| |EXPENDITURE ON||||||| |Charitable|activities|||||| |Charitable
activities
NET INCOMEf(EXPENDITURE)|||||81,642
(3,669)|61,915
12,308| |RECONCILIATION||OF FUNDS||||| |Total funds|brought|fortvard|||39,472|27,164| |TOTAL FUNDS CARRIED FORWARD|||||35,803|39,472| ## ## ||||||||||2022|2021| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||Unrestricted|Total| ||||||||||fund|funds| ||||||Notes|||||| |FIXED|ASSETS|||||||||| |Tangible|assets|||||10|||2,160|2,768| |CURRENT ASSETS||||||||||| |Stocks
Debtors
Cash at|bank and in hand|||||11
12|||1,404
9,723
44,983|2,846
3,029
39,441| ||||||||||56,110|45,316| |CREDITORS||||||||||| |Amounts|falling due within||one year|||13|||(22,467)|(8,612)| |NET CURRENT ASSETS|||||||||33,643|36,704| |TOTAL|ASSETSLESS|CURRENT LIABILITIES|||||||35,803|39,4'72| |NET ASSETS|||||||||35,803|39,472| |FUNDS||||||14||||| |Unrestricted
lunds|||||||||35,803|39,472| |TOTAL|FUNDS||||||||35,803|39,472| |The charitable
company
31 March 2022.||is|entitled|to exemption|fiom|audit|under|Section 477 of the Companies|Act 2006 for the year ended|| ## ## ## ## ## ## ## ## ## |2.|OTHER TRADING|ACTIVI|TIES||||||| |---|---|---|---|---|---|---|---|---|---| |||||||||2022|2021f| ||ivlembers
subscriptions
Safeguarding
course income
Certificate
in equestrian
coaching and apprentice
Rider test booklets and sale ofmerchandise
BEFgrant received
Regional meetings
and training
days||||scheme|||35,165
5,414
23,664
11,467|34,739
3,312
18,757
5,309
9,000
960| |||||||||75,710|72,077| |3.|INVESTMENT INCOME||||||||| |||||||||2022|2021| ||Deposit account interest||||||||6| |4.|CHARITABLE ACTIVITIES COSTS||||||||| ||||||||Direct||| ||||||||Costs (see|Support|| ||||||||note 5)|cosa&j|Totals| ||Charitable
activities||||||79,332|2,310|81,642| |5.|DIRECT COSTS OF|CHARITABLE ACTIVITIES|||||||| |||||||||2022|2021| ||Staff costs
Safeguarding
course costs
Rider test booklets and sale ofmerchandise
expenses
Cost ofcertificate in equestrian
coaching and apprentice
lnsurances
Printing
stationery
and office costs
Postage|||||scheme||24,600
4,860
4,234
21,072
2,454
3,849
716|15,953
2,454
2,072
6,967
2,546
3,087
267| ||Advertising
and PR
Website maintenance|||||||3,087
158|9,464
331| ||Telephone
Computer
operating
costs|||||||1,427
952|1&036
576| ||Travel expenses|||||||373|275| ||Legal and professional|fees||||||320|| ||Bank charges
General expenses
Secretarial services
Fees and subscriptions
Membership
benefits
Donations
paid
Depreciation|||||||1,121
770
4,222
4&320
190
607|864
941
457
4,020
1,958
3,230
648| |||||||||79,332|57,146| ## ## ## ## ## ## ## ## |Entployees
and trustees|Entployees
and trustees||2022
10|2021
9| |---|---|---|---|---| |No employees
received|emoluments|in excess off60,000.||| |COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||| |||||Unrestricted| |||||fund| |INCOME AND ENDOWMENTS||FROM||| |Donations
and legacies||||2,140| |Other trading
activities
Investment
income||||72,077
6| |Total||||74,223| |KXPENDITURK ON||||| |Charitable
activities||||| |Charitable
activities
NET INCOME||||61,915
12,308| |RECONCILIATION|OF FUNDS|||| |Total funds brought
forward||||27,164| |TOTAL FUNDS CARRIED FORWARD||||39,472| ## |||||Fixtures|||| |---|---|---|---|---|---|---|---| |||||and|Computer||| |||||fittings|equipment|'1'otals|| |COST||||||f.|| |At 1 April 2021 and 31 March 2022||||9,262|6,700|15,962|| |DEPRECIATION|||||||| |At
1 April 2021
Charge for year||||6,982
268|6,212
340|13,194
608|| |At 31 March 2022||||7,250|6,552|13,802|| |NKT BOOK VALUE|||||||| |At 31 March 2022||||2,012|148|2,160|| |At 31March 2021||||2,280|488|2,768|| |Tangible fixed assets costing|more than f500 are capitalised.||||||| |On disposal,
the difference
income and expenditure.|between|the net disposai|proceeds|and the carrying
amount of the item sold||is recognised|in| |11.|STOCKS||| |---|---|---|---| |||2022|2021| ||Finished goods|1,404|2,846| |12,|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||| |||2022|2021| ||Trade debtors
Prepayments
and accrued income|7,077
2,646|1,690
1,339| |||99,723|3,029| |13.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||| |||2022|2021| ||Trade creditors
Social security and other taxes
Other creditors
Accruals
Deferred
income|1,282
382
6,627
14,176|336
624
108
5,790
1,754| |||22,467|8,612| ## ## |MOVE|MEN|T
IN FUNDS||||| |---|---|---|---|---|---|---| ||||||Net|| ||||||movement|At| |||||At 1.4.21|in funds|31,3.22| |Unrestricted||funds||||f.| |General|fund|||39,472|(3,669)|35,803| |TOTAL|FUNDS|||39,472|(3,669)|| |Net movement||in funds, included|in the above are as I'ollows:|||| |||||Incoming|Resources|Movement| |||||resources|expended|in funds| |||||f.||| |Unrestricted||funds||||| |General|fund|||77,973|(81,642)|(3,669)| |TOTAL|FUNDS|||77,973|(81,642)|(3,669)| |||||Net|| |---|---|---|---|---|---| |||||movement|At| ||||At 1.4,20|in funds|31.3,21| |Unrestricted||funds|||| |General|fund||27,164|12,308|39,472| |TOTAL|I'UNDS||27,164|12,308|39,472| ||||Incoming|Resources|Movement| |---|---|---|---|---|---| ||||resources|expended|in funds| |Unrestricted||funds|||| |General|fund||74,223|(61,915)|12,308| |TOTAL|FUNDS||74,223|(61,915)|12,308| |||||Net|| |---|---|---|---|---|---| |||||movement|At| ||||At 1.4.20|in funds|31.3.22| |Unrestricted||funds|||| |General|fund||27,164|8,639|35,803| |TOTAL|FUNDS||27,164|8,639|35,803| ## ## |A curren|yea|r 12 months
and prior year 12mon|ths
combined
net movement
in funds, incl|uded
in the above|arc as follows| |---|---|---|---|---|---| ||||Incoming|Resources|Movement| ||||resources|expended|in funds| |Unrestricted||funds|||| |General|fund||152,196|(143,557)|8,639| |TOTAL|FUNDS||152,196|(143,557)|8,639| ## ## |||FOR THE YEAR ENDED 31 M|ARCH 20Z2|| |---|---|---|---|---| ||||2022|2021| ||||f.|| |INCOME AND ENDOWMENTS||||| |Donations
and legacies||||| |Donations||||| ||||2,260|2,140| |Other trading
activities||||| |Members
subscriptions
Safeguarding
course income
Certificate
in equestrian
coaching and apprentice|||35,165
5,414|34,739
3,312| |scheme||||| |Rider test booklets
and sale of
BEFgrant received
Regional meetings
and training|merchandise
days||23,664
11,467|18,757
5,309
9,000
960| ||||75,710|72,077| |Investment
income||||| |Deposit account interest|||3|| |Total incoming
resources|||77,973|74,223| |EXPENDITURE||||| |Charitable
activities||||| |Wages
Pensions|||24,239|15,953| |Safeguarding
course costs
Rider test booklets and sale ofmerchandise
expenses
Cost ofcertificate
in equestrian
coaching and|||361
4,860
4,234|2,454
2,072| |apprentice
scheme
Insurances|||21,07Z|6,967| |Printing
stationery
and office costs
Postage
Advertising
and PR
Website maintenance
Telephone
Computer
operating
costs
Travel expenses
Legal and professional
fees
Bank charges
General expenses
Secretarial services|||2,454
3)849
716
3,087
158
1,427
952
373
320
1,121
770|2,546
3,087
267
9,464
331
1,036
576
275
864
941| |Fees and subscriptions
Membership
benefits
Donations
paid
Fixtures
and fittings
Computer
equipment|||4,222
4,320
190
267
34Q|457
4,020
1,958
3,230
308
34Q| ||||79,332|57,146| |Support costs||||| |Governance
costs||||| |Independent
examiner's
fee
Carried forward|||1,350
1,350|1,350
1,350| ||FOR THE YEAR EN|DED 31MARCH 2022|| |---|---|---|---| |||2022|2021| |Governance|costs||| |Brought forward
Accountancy
and legal fees||1,350
960|1,350
3,419| |||2,310|4,769| |Total resources|expended|81,642|61,915| |Net (expenditure)/income||~3,669)|12,308|