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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|7|
|Independent
Examiner's
Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||10||
|Notes to the Financial Statements|11|to|16|
|Detailed Statement ofFinancial Activities||17||
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|||FOR|THE YEAR ENDED 31MAR|CH 2023||
|---|---|---|---|---|---|
|||||2023|2022|
|||||Unrestricted|Total|
|||||fund|funds|
||||Notes|||
|INCOME|AND ENDOWMENTS FROM|||||
|Donations|and legacies||||2,260|
|Other trading activities||||89,662|75,709|
|Investment|income|||57|3|
|Total||||89,719|77,972|
|EXPENDITURE ON||||||
|Charitable|activities|||||
|Charitable|activities|||81,811|81,641|
|NET INCOME/(EXPENDITURE)||||7,908|(3,669)|
|RECONCILIATION||OF FUNDS||||
|Total funds|brought
forward|||35,803|39,472|
|TOTAL FUNDS CARRIED FORWARD||||43,711|35,803|
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|||2023|2022|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|||
|FIXEDASSETS||||
|Tangible assets|10|1,780|2,160|
|CURRENT ASSETS||||
|Stocks|11|1,588|1,404|
|Debtors|12|19,989|9,723|
|Cash at bank and in hand||46,056|44,983|
|||67,633|56,110|
|CREDITORS||||
|Amounts
falling due within one year|13|(25,702)|(22,467)|
|NET CURRENT ASSETS||41,931|33,643|
|TOTAL ASSETSLESSCURRENT|LIABILITIES|43,711|35,803|
|NET ASSETS||43,711|35,803|
|FUNDS|14|||
|Unrestricted
funds||43,711|35,803|
|TOTAL FUNDS||43,711|35,803|
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||||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|
||Members
subscriptions||||||||38,823|35,164|
||Safeguarding
course|income|||||||4,691|5,414|
||Certificate in equestrian||coaching and apprentice|||scheme|||28,671|23,664|
||Rider test booklets and||sale ofmerchandise||||||17,477|11,467|
||||||||||89,662|75,709|
|3.|INVESTMENT INCOME||||||||||
||||||||||2023|2022|
||Deposit account interest||||||||57||
|4.|CHARITABLE ACTIVITIES COSTS||||||||||
|||||||||Direct|||
|||||||||Costs (see|Support||
|||||||||note 5)|costs|Totals|
||Charitable
activities|||||||79,471|2,340|81,811|
|5.|DIRECT COSTS OF||CHARITABLE ACTIVITIES||||||||
||||||||||2023|2022|
||Staffcosts||||||||24,967|24,600|
||Safeguarding
course|costs|||||||4,484|4,860|
||Rider test booklets and||sale ofmerchandise||expenses||||6,296|4,234|
||Conference
expenses||||||||72||
||Cost ofcertificate in|equestrian||coaching and apprentice|||scheme||17,867|21,072|
||Insurance s||||||||2,077|2,454|
||Printing
stationery
and||office costs||||||4,414|3,849|
||Postage||||||||994|716|
||Advertising
and PR||||||||3,576|3,087|
||Telephone||||||||1,087|1,427|
||Computer
operating|costs|||||||1,083|1,109|
||Travel expenses||||||||622|373|
||Legal and professional||fees||||||198|320|
||Bank charges||||||||1,265|1,121|
||General expenses||||||||681|770|
||Fees and subscriptions||||||||4,706|4,222|
||Membership
benefits||||||||4,701|4,320|
||Donations paid|||||||||190|
||Depreciation||||||||381|607|
||||||||||79,471|79,331|
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||||2023|2022|
|---|---|---|---|---|
|Depreciation|—owned|assets|380|608|
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|The average monthly
n|umber ofem|ployees
during the year was as follows:|||
|---|---|---|---|---|
||||2023|2022|
|Employees
and trustees|||10|10|
|No employees
received|emoluments|in excess of560,000.|||
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||
|||||Unrestricted|
|||||fund|
|INCOME AND ENDOWMENTS||FROM|||
|Donations
and legacies||||2,260|
|Other trading activities||||75,709|
|Investment
income||||3|
|Total||||77,972|
|EXPENDITURE ON|||||
|Charitable
activities|||||
|Charitable
activities||||81,641|
|NET INCOME/(EXPENDITURE)||||(3,669)|
|RECONCILIATION|OF FUNDS||||
|Total funds brought
forward||||39,472|
|TOTAL FUNDS CARRIED FORWARD||||35,803|
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|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
||Fixnues|||
||and|Computer||
||fittings|equipment|Totals|
|COST||||
|At 1 April 2022 and 31March 2023|9,262|6,700|15,962|
|DEPRECIATION||||
|At 1 April 2022|7,250|6,552|13,802|
|Charge for year|232|148|380|
|At 31March 2023|7,482|6,700|14,182|
|NET BOOKVALUE||||
|At 31March 2023|1,780||1,780|
|At 31 March 2022|2,012|148|2,160|
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|STOCKS||||
|---|---|---|---|
|||2023|2022|
|Finished goods||1,588|1,404|
|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|||2023|2022|
|Trade debtors||17,214|7,077|
|Prepayments|and accrued income|2,775|2,646|
|||19,989|9,723|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
|||2023|2022|
|Trade creditors||2,168|1,282|
|Social security and other taxes|||382|
|Accruals||1,830|6,627|
|Deferred income||21,704|14,176|
|||25,702|22,467|
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|MOVEMEN|T IN FUN|DS|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Net||
||||||||||movement|At|
|||||||||At 1.4.22|in funds|31.3.23|
|Unrestricted|funds||||||||||
|General fund||||||||35,803|7,908|43,711|
|TOTAL FUNDS||||||||35,803|7,908|43,711|
|Net movement|in funds,|included|||in the above|are|as follows:||||
|||||||||Incoming|Resources|Movement|
|||||||||resources|expended|in funds|
|Unrestricted|funds||||||||||
|General fund||||||||89,719|(81,811)|7,908|
|TOTAL FUNDS||||||||89,719|(81,811)|7,908|
|Comparatives|for movement|||in|funds||||||
||||||||||Net||
||||||||||movement|At|
|||||||||At 1.4.21|in funds|31.3.22|
|Unrestricted|funds||||||||||
|General fund||||||||39,472|(3,669)|35,803|
|TOTAL FUNDS||||||||39,472|(3,669)|35,803|
|Comparative|net movement||in|funds, included||in the above are as follows:|||||
|||||||||Incoming|Resources|Movement|
|||||||||resources|expended|in funds|
|Unrestricted|funds||||||||||
|General fund||||||||77,972|(81,641)|(3,669)|
|TOTAL FUNDS||||||||77,972|(81,641)|(3,669)|
|A current year 12months||and||prior year 12months|||combined position is as|follows:|||
||||||||||Net||
||||||||||movement|At|
|||||||||At 1.4.21|in funds|31.3.23|
|Unrestricted|funds||||||||||
|General fund||||||||39,472|4,239|43,711|
|TOTAL FUNDS||||||||39,472|4,239|43,711|
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|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||167,691|(163,452)|4,239|
|TOTAL FUNDS||167,691|(163,452)|4,239|
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||||||FOR THE YEAR ENDED 31MA|RCH 2023||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|INCOME AND ENDOWMENTS||||||||
|Donations
and legacies||||||||
|Donations|||||||2,260|
|Other trading
activities||||||||
|Members
subscriptions||||||38,823|35,164|
|Safeguarding
course|income|||||4,691|5,414|
|Certificate in equestrian|||coaching and apprentice|||||
|scheme||||||28,671|23,664|
|Rider test booklets and||sale of||merchandise||17,477|11,467|
|||||||89,662|75,709|
|Investment
income||||||||
|Deposit account interest||||||57||
|Total incoming
resources||||||89,719|77,972|
|EXPENDITURE||||||||
|Charitable
activities||||||||
|Wages||||||23,783|24,239|
|Pensions||||||1,184|361|
|Safeguarding
course|costs|||||4,484|4,860|
|Rider test booklets and||sale of||merchandise|expenses|6,296|4,234|
|Conference
expenses||||||72||
|Cost ofcertificate in|equestrian|||coaching and||||
|apprentice
scheme||||||17,867|21,072|
|Insurances||||||2,077|2,454|
|Printing
stationery
and||office costs||||4,414|3,849|
|Postage||||||994|716|
|Advertising
and PR||||||3,576|3,087|
|Telephone||||||1,087|1,427|
|Computer
operating|costs|||||1,083|1,109|
|Travel expenses||||||622|373|
|Legal and professional||fees||||198|320|
|Bank charges||||||1,265|1,121|
|General expenses||||||681|770|
|Fees and subscriptions||||||4,706|4,222|
|Membership
benefits||||||4,701|4,320|
|Donations
paid|||||||190|
|Fixtures and fittings||||||233|267|
|Computer
equipment||||||148|340|
|||||||79,471|79,331|
|Support costs||||||||
|Governance
costs||||||||
|Independent
examiner's|||fee|||1,350|1,350|
|Accountancy
and legal|||fees|||990|960|
|||||||2,340|2,310|
|Total resources expended||||||81,811|81,641|
|Net income/(expenditure)||||||7,908|(3,669)|