REGISTERED COMPAIYY NUlWtBER: 03186520 (England Wales)
REGISTERED CHARITY NUMBER: 1158748
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STA TEMETr4TS
FOR THE YEAR ENDED 31 MARCH 2024
FOR
ASSOCIATION OF BRITISH RIDING SCHOOLS
Collards
Chartered AccounLints
5-9 Eden Street
Kingslon-upon-Thames
Surrey
KTI IBQ

ASSOCL4TION OF BRITISH RIDILYG SCHOOLS
CONTENTS OF THK FINANCIAL STATENIETr4TS
FOR THE YEAR ENDED 31 IVIARCH 2024
PAge
Report of the Trustees
Independent Examiner's Report
Statement of Financial Adivities
Balance Sheet
Notes to the Financial Statements
9 to 14
Detsiled Statement of FiD*n¢ial Activities
15 to 16

ASSOCIATION OF BRITISH RIDKNG SCHOOLS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The trnstees who are also directors of the eharity for the purposes of the Companies Act 2006, present their report with the financial
statements of the charity for the year ended 31 March 2024. The trnstees have adopted the provisions of Accounting and Reporting
by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in ac¢ordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective l January 2019).
OWECTIVES AND ACTIVITIES
Objectives and oims
The charity's objectives ('objectives') are specifically restricted to the following..
(l) to raise the standard of,.
(i) instruction;
(li} horsemanship- and
{iii) the welfare of horses and ponies
(iv) the safety of both participants and horses
ail to foster better enjoyment by participants in ¢questrian riding
(2} to act generally as a professional association for proprietors and managers of riding establishments, to foster enhanced levels of
governance and increased undtrstanding of educational opportunitics Éhat benefit participants (both able-bodied and with any fom] of
disability) in equesErian riding,.
(3} the promotio￿ as a member of the governing body of the sport of equestrian riding in Great BritaiJL of participation by persons in
Great BritaitTr (both able-bodied and with any form of disability) in healthy recreation in equestrian riding.
{4) th¢ provision of advice, education and guidance to participants in equestrian riding (whether owners of horses, riders or coaches)
and, in particular, to encourage and facililatc the dev¢loptnent of young and disabled persons as participants in such ways so as to
improve their self-confidence and self-esteem (including the establishment of apprenticeship schemes for young people)-
{5) to work with the national governing body for equestriall riding (Brilish Equestrian Federation) to implement their strategic plans
for the development of equestri&nism,' and
(6) to do an>thing which is ¢alculated to further any of the above objects or is conducive or incidental to doing so, provided that
nothing in the articles shall authorise an application of the property of the charity for purposes which are not charitable in accordancc
with section 7 of the Charities and Truste¢ Investment (Scotland) Act 2005 or section 2 of the Charkties Act (Northern IrelaTrd) 2008.
Pag¢ I

ASSOCIATION OF BRrrIsH RIDING SCHOOLS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
0￿ECTIVEs AND ACTIVITIES
Public benefit
Thc trustccs have complicd with the duty in 5CCtion 17(5) of the Charities Act 2011 to havc duc rcgard to guidance published by the
Charity Commission.
The charity is a body within the British Equestrian Federation, the national governing body for equestrianism. The organisation seeks
to advance the intcrest of riding schools who provide opporttJnities for persons to participate in the healthy activity of riding.
irrespective of ability or whcther they are able-bodied or have any fonn of disability. The riding school is the grass roots of
equestrian sport whcre thc basic skills are learnt beforc riders may choose to specialise in other equestrian disciplincs. Riding schools
are therefore importatit for equestrianism &8 a wholc.
The charity's purpose is beneficial in thc following ways-.
- The advancement in levels of governance and compliance in riding schools, thereby providing a safer environm¢nt in which people
can participate in horse riding:
- To keep riding school proprietors up to date with education on matters of ¢quitation and the welfare of horse and rider.
Thc advancement of education in r¢lation to riding through tests for young persons and volunteers whi¢h can lead to the charity's
apprcnticeships and professional exams;
Horse riding is a he￿thY recreatlOD which is capabl¢ of improving the physical and tncntal hea]th and fitness of participants.
The advancement of animal welfare through annual inspe¢tion of corporate members, premises, the charity's work with the Brittsh
Equine Veterinary Association, and the training of the charity's own inspe¢tion team.
Welfare of animals is further etthanced through the improvement ofriding standards and level of horse care tsught in member riding
schools.
All sport has inherent risks and riding is no exception. However, the ¢harity's purpo% does not. in the view of the trustccs, create
additional detriment or harn). In fact, the charity's purpose as an advisoi. and provider of training glid educational opportunities to
riding schools seeks actively Èo reduce detriment and hann to riders.
The following have been identified as potentially benefiting personally from the charity carying out its purpose. Such benefit is
incidental to the organisation carrying out its purpose..
- Persons involved in riding and the wider cqucstrian indusiry;
Trustees who are also tnembers.. Members. Affiliate members. Apprentices- The generai riding public (both able-bodied riders and
riders with any fonn of dtsability).
General Charitable Purposes for public benefit notwithstanding and include..
The advan¢ement of health or saving lives.
Disability;
- Arts and culture;
Heritage and science-
Environment and conservation.
The charity helps many sectors of the public and these include children and young peoplc, the elderly, people with short tcrm and
long tem] disabilities.
Page 2

ASSOCL4TION OF BRITISH RIDING SCHOOLS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 IKARCH 2024
ACHIEVEMENT AIYD PERFOR1￿ANcE
The year lo April 2024 began on very positive note as we ran our first Conference since 2019 on May 15th 2023 at Onley Grounds
Equestrian Complex. We were delighted tl)at approximately fity five Members and Non Members attended. Our key note speaker
was Dame Caroline Spelman DBE. fonner Secretary of State for DEFRA 2010-2012, with Jim Eyre, BEF Chief Exeeutive and Roly
Owers, World Horse Welfare Chief Executive leading speakers as well. BEF CEO Jim Eyre's comment that 'Grassroots riding is the
bedrock on which all oth¢r riding disciplines are built and it's health is critical to the future of equestrianism, is classic and applicable
in perpetuity. We plan to stage another Conference next year to the West of the UK. We also held a workshop on the fvtur¢ of
Riding Schools at Four Winds near Spalding Lincolnshire which was much appreciated for the exchgJ)ge of views on important
topics, and the opportunity to meet long standing friends, associates and sharing together interesting updates and presentations.
These evcnts are very much an eslablishcd: traditional feature of the ABRS+ network whi¢h we value highly.
We are ￿s0 highly delighted that our membership numbcrs continued to increase steadily as did the nutnbers of attendees at our
programme of annual webinars led aJJd organised bj, George Baber our Centre Operations and Licensing Directors with a recent
focus on providing guidanc¢ on Council Licencing and Test training. We continue to lobby for closer working with govcrnment
regulators to ease any business rate burdens and consisten¢y in the licensing process. Seminar attendees now can rise to fify plus for
somc webinars. l am delighted to say that we began that year with one hundred and sixty five members which had increased lo
nearly two hundred by the end of year with less than ten ehoosing not to renew for 2024-25. This expanding Membership numbers
does reflect the hard work led by George and the oifice to provide you efficiently with relevant services and support. My heartfelt
thanks to them all for their ¢ontribution and effort.
While trading conditions are a challenge for many members, the issues to confront are changing as many tnembers have client
waiting lists, yet find it difficult to securc appropriately skilled staff and affordable. suitabl¢ horses to pariner with their clients.
Following our initial running of an online safeguarding course in 2021-22, this has become established as a core part of our training
itinerary with seven courses rutu)ing during 2023-24: and open to all working in the equestrian industy- Recently we have taken
steps to reduce our costs for running the course on line by welcoming Liz Madeley as our Lead Coach on this iEllPOrtant topic for
everyone which has led to in¢reasing number of attcndees.
Our CIEC training for Level l and 2 has generated increased interest and we continue to extend our CIEC centre footprint nationally.
During 2023-24 wc ran seven CIEC Level l and Level 2 courses a¢ross six centres - Plumplon, Four Winds, and Follifoot. with
Moor Fami, as a returning eentre and a new ¢¢ntre Lincoln College working in partnership with Caistor Riding School. Overall forty
two students attended the Level 1& 2 Courses with the overwhelming majority successful first time. Through our links with the BEF,
we have been able to promote bursaries for members and were delighted that several of our members were successful in being
awarded BEF bursaries towards CIEC training. Together these initiatives will help us to extend the CIEC centre footprint nationally.
We are interested to expand thc CIEC training venues located in the North and South West of thc Country. We are planning for the
Isle of Wight Equestrian Centre to host their initial Level I course later this year as well as the Stourport Training Venu¢ being
active again.
Similar to two prcvious years, we held a vÈrtual AGM in December 2023 at which we invited Members to make this a social
occasion by bringing some preferred refreshments to catch up quickly with friends long standing and new members. Each AGM, as
an online event, is an opportunity to gain essential feedback from members on current and future services, much valued as well as
providing an update on our results. Our President Julian Marczak ¢onlinues to support us, maintains his coffee visits to keep in touch
with office and l then enjoys joining us for the customary dinner, thc cvening before the Conference. This ycar. Juliat) made a short
speech outlining some ot. our history, values and equilatioi) standard5. There have been no ehanges in the governance structurc this
year with Trustees continuing unchanged in th¢ir roles. Many thanks to them for their comtnittnent.
Susan Beasey. fonnerly Membership Manager, now continues as Training and Projects Manager from her home in Shropshire
commencing this role in early 2023. Susan now focuscs solely on CIEC training and Cathie Hawkins, who joined us in March 2023
is our Membership Managcr. Due lo the increasing volume of work in the otTice, Janice Hawkins, Cathie's sister iti law joined later
in Ihc year to support us with new Membcrship applications, CIEC support and servicing the delivery of rosettes and ¢ertificates. It is
Cathic's previous experience with rosettes which has led partly to an outstanding in¢rease in the sales of rosette from four thousand
five hundred and twenty eight (4528) in year ending March 2023 to nine thousand nonc hundred and twenty two (9922) in March
2024. Certificate ￿leS increased from fourteen hundred and eighty {1480) to seventeen hundred and eighty (1780) over the same
period. George has also webinars to guide Members on how to use the rosettes to develop the customer experience. After many
years of active service our printer was ageing and quality deteriorating so we purchased an alternative, thankfully smaller, so
allowing more much needed olrice space.
Additional to economic conditions, we now havc concern5 raised by social licensing.. the need for diversity & inclusion, and
environmental sustainability. especially the road to net zero to achieve a rcduced environmental impact. We are working closely with
the BEF and other equine bodics to ensure our Members, interests are represented in all thcse areas and recognise the increasing
importance of all these issues. We are highly conscious that this is becoming increasingly more ¢hallenging enviro[￿￿ent for thc
equin¢ industy.
As always, w¢ will continue to work to increase our eontribulion and support to Members through becoming more etTicienL more
relevant training, support and related ad￿'lee, very important in these times to keep ourselves, clients and staff safe.
Page 3

ASSOCIATION OF BRITISH RIDING SCHOOLS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
FINANCIAL REVIEW
Finaneial Review
Building on the prior year improvements in financial discipline, we have wntinued to strengthen both our financial controls and our
financiat position. For 2023-24. the charity is rcporting a surplus of £67,463 compared to a surylus of £7,908 reportcd last year.
Total incoming resources amounted to £177,453 {2023 £89,719) and total resources expended amounted to £109,990 (2023
£81,8ll}.
The total funds held by the charity at 31 March 2024 h&8 incre&8ed to £111,174 (2023 - £43,711)-
Reserves policy
The charity operatcs an unrestricted fund. The trustees have reviewed th¢ financial needs of the charity and consider thaÉ they should
&im to have sufficient unrestricted funds on hand or on call to ensure that should there bc a short terni loss of income that therc
would bc sulTicient funds available to meet operating costs.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is a company Itmited by guarantee and has no share capital. In the event of the charity being wound up, the liability in
respect of the guarantee is limited to £1 per member of the charity.
Strll¢ture? governance and managenjent
At each annual geller￿ meeting one-third of the tnjstees (who are also directors for the purpose of company law) or, if their number
is not three or a multiple of threc, the number nearest to one-third, must retire from offiee. If there is only one trustee he or she must
retire. The tru#ecs to retire by rolation shall be those who hav¢ been longest in office since their last appointmenL If any trustees
became or were appointed trustees on the same day, thos¢ to retire shall {unless they otherwise agree among themselves} be
delerniined by lot. If a trustee is required to retire at an annual general meeting by a provision of the articles, the retirement shall take
effeet upon the conclusion of the mcctin& unless he or she is re-appotnted in accordancc with the Memorandum and kniclcs of the
Association of British Riding Schools.
In accordance with Arti¢le 28, the Prcsident is elected annually. Our current Presid¢nt is Julian Marezak who being eligiblc. is
willing to sL￿d for re-el¢ction.
The trustces retiring at this general meeting in accordance with the Articles of Association are Rudina Suti and Carol Boulton, who
being cligible offer themselves for re-election.
The trustees consider the best methods of attracting a diverse range of candidates with the skills the charity has identified as needing.
This may include advertising in the local an(Vor specialist press. Short-listing and interviews take place against agreed criteri&
Intcrviews are carried oui by & small panel of trustes and each candidate is asked similar questions to ensure a fair and objective
approach. Preferred candidates are identified, subject to references, fonnal vetting and approval by the full trustee board they are
Ihcn either co-opted or recommended to the members for election onto the board. The trustces che¢k that the candidates have not
becn disqualified from ￿tIng as trustees, and candidates are &8ked to confirtn in writing that this is tbe ¢ase. Candidates ar¢ asked to
consider and declare any existing or potential confiicts of interest. When accepted onto thc board they are assigned a mentor.
REFERENCE AI¥D ADMINISTRATIVE DETAILS
Registered Company number
03186520 (England and Wales)
Registered Charity number
1158748
Registered office
Blenheim Business Centre
Smithers Hill
Shipley
Wesl Svssex
RH13 8PP
Page 4

ASSOCIATION OF BRII'ISI.I RIDING SCPIOOLS
REI PORT OF TFIE TRUSTEI ES
roR TIIE YC¢AR ENDED 31 MARCH 2024
Trustee5
G Baber
C A Bou11017
P Levertoii
J Pedley
J L Williams
D Macleaii
c riddes
R Suti Dire¢tor
lTrilepomdcRI li xaminor
Collards
Cliartered Ac¢(punlaiils
5-9 Edon Stre¢l
Kingslon-upon-Thames
Surrcy
KTI IBQ
INDEPlI NDCI NT CXAMINCR
The indepcndcnt e.Kainincr, Collards, Chartered Ae¢ounlani& ivill be proposed for re-appoinlmenl al th¢ forthcoming Annual General
h4eeting.
Approved by order ofilic board oftruslees on .
and signcd on ils beli4lf by..
J L Williams- Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
ASSOCIA TION OF BRITISH RIDING SCHOOLS
Independent examiner's report to the trustees of A5SOelation of British Riding Schools ('the Company,)
I report to the charity trustees on my examination of the accounts of the Company for thc year ended 31 March 2024.
Responsibilities and basis of report
As the eharity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 2006 {'Ihe 2006 Act,).
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 examination of your charity's a¢¢ounts as carried out undcr Section
145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have folloived the Dircctions given by the Charity
CoEnmission under Section 145(5) (b) of the 2011 Act.
Independent ex8miner's statement
I have completed my examination. I confim] that no matters have ¢ome to my attention in connection with the examination giving
me eause lo believe..
a¢counting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
the accounts do not accord with those records: or
the accounts do not Cotnply with the accounting requir¢m¢nts of Section 396 of the 2006 Act other than any requircment that
the accounts give a true and fair view which is not a matter considered as part of an independent examination.. or
the accounts have not been prepared in accordance with the mcthods and principles of the Statement of Recommended
Practice for a¢¢ounting and reporting by charities (applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102))-
I have no concerns and have come a¢ross no other matters in connection with the examination to which attention should be drawn in
this report in order to cnable a proper understanding of the accounts to be reached.
Andrew Harker FCCA
Collards
Chartered Accountants
5-9 Eden Street
Kingslon-upon-Thames
Surres,
KTI IBQ
Date..
Page 6

ASSOCIATION OF BRITISH RIDING SCHOOLS
STA TEMENT OF FINANCIAL ACTivrriES
FOR THE YEAR ENDED 31 TrL4RCH 2024
2024
Total
fvnd$
2023
Total
funds
Unrestricted
fund
Restrictcd
funds
Notes
INCOME AND ENDOWMEIYTS FROM
Donations and l¢gacics
35,454
12?30
47,784
Other trading activities
Investmcnt incom¢
129?53
316
129J53
316
89,662
57
Total
165,123
12J30
177,453
89,719
EXPENDITURE ON
Charitsble activities
Charitable activities
103,868
6,122
109,990
81,811
NET INCOME
Transfers between funds
61,255
{3,465)
6208
3,465
67,463
7,908
14
Iyet movement in funds
57,790
9,673
67,463
7,908
RECONCILIATION OF FUNDS
Total fwids brought forward
43,711
43.711
35,803
TOTAL FUNDS CARIUED FORWARD
101501
9,673
111,174
43,711
The notes forni part of these financial ￿atements
Page 7

ASSOCIATION or BRITISH RIDING SCHOOLS
BALANCE SIIEE*T
31 MARCH 2024
2024
Tolyl
funds
Unr¢8tricted
fund
2023
Total
runds
Rcslricled
runds
FIXED ASSII TS
Tangible assets
Notes
10
3,066
3,(166
1.780
CURRINT ASSEt TS
Stocks
Dcbtors
Cash al bank aiid in l)and
3,942
10386
lQ8.2Q8
12
3,942
14,368
113,799
1,588
19.989
46.1156
4,082
122,436
9,673
132.109
67.633
CREIDITORS
An)ounrs falling (kne ivilliin one ycthr
13
(24,001)
(25.702)
NET CURREwf ASSITS
98.435
9.673
108,1118
41,931
TOTAL ASSETS LEI SS CURRENT LJABILITIES
101501
9,673
111,174
43.711
NII T ASSETS
101,501
9,673
111,174
43,711
FUNDS
Unrestricted funds
R¢siri¢(ed funds
14
ioi.-soi
9,673
43.711
TOTAL FUNDS
111,174
43.711
Th¢ charitable coInpllny is cnlilled lo exemption froin audit under Section 477 of the Companies Act 2006 for the year ended
31 Marcli 2024.
The Inembers havc not rcquired the compaiiy lo obiDin an a￿dit of ils financial stalcinenls for the y¢&r end¢d 31 March 2024 i
aceordaiice ivith Se¢tion 476 ofilie Con)panies A¢1 2QO6.
Tli¢ IrEESlees acknoivledge il?eir responsibilities for
(ts)
¢Asuring Iliot Ilie chariiable compony k¢¢ps accounting records il)at comply iyith S¢clioi)s 386 and 387 oftlie Compunies A¢t
2006 ond
preparing financial stalollients ivliicl? give a (ru¢ and fair vieiv oftlie stat¢ of olfairs of ih¢ ¢lièritable compai)y lls at the cnd
of eacli financial year of its surplus or deficit for e4¢11 finlK ncial year iii #ic¢ordnnce ivitli lh¢ rcquiromenls of Soctioi)5
394 and 395 and ¥vl)ich oihcrwise comply iviih the r¢quircmen(s of the Conipanies Act 2006 reluling to financial statements.
so far as applicable to the charitable compan).
Ib>
These financial Matemenls have b¢en prcpared accordance willi the provisFOnS applicable lo cliuritoble companies svbje¢l to the
small companie5 regime.
The finuncial slalem¢nts i¥er¢ approved by the Board ofTriislees and auilJorised for issue on
signed on its behalf by..
¥Z.I
nnd iv¢re
J L Williams- Trustee
Tli¢ not¢s form port of these financial slatcmenis

ASSOCIATION OF BIUTISH RIDING SCHOOLS
NOTES TO THE FINANCIAL STA TEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
Basis of preparing tbe financial ststements
The financial statements of the charitable company, which is a public bcnefit entity und¢r FRS 102, have bcen prepwed in
accordance with th¢ Charities SORP {FRS 102) 'Accounting and Reporting by Chwities= Statement of Recommended
Praclive applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of treland {FRS 102) (effcctive l January 2019),, Financial Reporting Standard 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland, and the Companies A¢t 2006. The financial statements
have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable
that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are re¢ognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that
expenditure, it is probable that a transfer of economic benefits will be requir¢d in settlement and the amount of the obligation
¢an be tneasured reliably. Expenditure is aceounled for on an accruals basis and has been classified under headings that
aggregate all Cost related to the category. Where costs ¢annot bc directly attributed to particular headings they have been
allocated to activities on & basis consistent with th¢ use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a committnent but not accrued
as ¢xp¢nditurc.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each ￿et over its estitnated useful life.
Fixtures and fittings
Con]puter equipment
10_ 20 0/0 on reducing balance
200/0 on cost
Stocks
Stocks are valued at thc lower of cost and net realisable value, aftcr making due allowance for obsolete and slow moving
items.
Taxation
The charity is exempt from corporation tax on its ¢haritablc activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the dis¢retion of the trustees.
Restricted funds can only be used for p9rticular restricted purposes within the objects of the charity. Restrictions arise when
specified by thc donor or when funds are raised for particular restricted purposes.
urthcr explanation of the nature and purpose of each fund is included in the notes lo the financial statements.
Pension Costs and other post-retirement benefits
The charitable company operates a defincd contribution pension schcme. Contributions payable to the charitable company's
pension scheme arc charged to the Statement of FinaneiaI Activities in the period to which they relate.
Funds
General funds are unrestricted funds which are available for use at Ihc discretion of thc trusE¢es in furtheran¢e of the general
objectives ot the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes as detailed in
the notcs to the accounts.
Resrrictcd funds are funds which are to be used in accordance with specific resttictions imposed by the donors or which have
been raised by the charity for particular purposes.
Page 9
continued...

ASSOCIA TION OF BRITISH RIDIING SCHOOLS
NOTES TO THE FILYALYCIAL STATEMENTS- continued
FOR THE YEAR EIYDED 31 I￿RCH 2024
OTHER TRADING ACTIVITIES
2024
2023
Members subscriptions
Safeguarding coursc income
Certificate in equestrian ¢oa¢hing and apprentice scheme
Rider test booklets and sale of merchandise
48,868
3,681
42,386
34418
38,822
4,691
28.672
17.477
129J53
89,662
INVESTMEIYT INCOME
2024
2023
Deposit account interest
316
57
CHARfTABLE ACTIVITIES COSTS
Direct
Costs (see
note 5)
Grant
funding of
aclivitics
Support
osts
Totals
Charitable activities
105526
2,651
1,813
109,990
DIRECT COSTS OF CHARITABLE ACTIVITIES
2024
2023
Staff costs
Safcguarding Course ¢osts
Rider test booklets and sale of merchandise expenses
Conference expenses
Cost of certificate in equestrian coaching and apprentice scheme
Insurances
Printing stationcry and office costs
Postage
Advertising and PR
Telephone
Comput¢r operating costs
Travel expenses
Legal and professional fees
Bank charges
General expenses
Fees and subscriptions
Mctnbcrship benefits
Depreciation
34,592
2514
11,766
601
28,224
2,305
4J59
1,165
4,694
81)9
1,232
687
24,967
4,484
6,296
72
17,867
2.077
4,414
994
3.576
1,087
1.083
622
198
1,265
681
4.706
4,701
381
1,115
312
4519
6201
431
105526
79,471
All expenditure is recognised when a liability is incurred and has been classified under headings that aggregate all costs
related to that heading.
Costs of charitable activities are expenses dir¢¢tly in¢urred in achieving the objectives of th¢ charity
Page 10
continued...

ASSOCIATION OF BRITISH RIDING SCHOOLS
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
NET INCOMEI{EXPENDITURE)
Net income/{expenditure} is stated after Chargin￿(credIting)'.
2024
2023
Depreciation- owned assets
430
380
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended
31 March 2023.
Trustees, expenses
During the year, l {2023 - 1} tNstees was reimbursed expenses totalling £315 (2023 - £269). Expenses were reimbursed in
respect of travel expenses.
STAFF COSTS
The average monthly number of etnployees during the year was as follows:
2024
2023
io
Employees and trustees
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Other trading activities
Jnvcstment income
89,662
57
89,662
57
Total
89,719
89,719
EXPETrIDITURE ON
ChArÉtsble activities
Charitable activities
81,811
81,811
NET INCOME
7.908
7,908
RECONCILIATION OF FUNDS
Total funds brought forward
35,803
35.803
TOTAL FUNDS CARRIED FORWARD
43,711
43,711
Pagell
continued...

ASSOCIATION OF BRITISH IUDING SCHOOLS
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
io.
TANGIBLE FIXED ASSETS
Fixtures
Computer
cquipment
fittings
Totals
COST
At l April 2023
Additions
9262
1,716
6,700
15,962
1,716
At 31 March 2024
10,978
6,700
17,678
DEPRECIATION
At l April 2023
Charge for year
7,482
6,700
162
14,182
430
At 31 March 2024
7,750
6,862
14.612
ET BOOK VALUE
At 31 March 2024
3228
(162)
3,066
At 31 March 2023
1,780
1,780
Tangible fixed ass¢ts costing more than £5(K> are capitaliscd.
On disposal, the difference between the net disposal proceeds and the ¢anying amount of the item sold is recognised ia
income and expenditure.
ii.
STOCKS
2024
2023
Finished gO￿S
3,942
1,588
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Other debtors
Prepayments and accrued income
8297
496
5575
17,214
2,775
14,368
19.989
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade Creditors
Social security and other t￿eS
Other eredilors
Accruals
Deferred in¢ome
2,490
827
16,110
(480)
5,054
2,168
1.830
21,704
24,001
25,702
Page 12
continued...

ASSOCIATION OF BRITISH RIDING SCHOOLS
NOTES TO THE FINANCIAL STATEMENTS- eontinued
FOR THE YEAR ENDED 31 MARCH 2024
14.
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
31.3.24
At 1.4.23
Unrestrtcted funds
GcDeral fund
43,711
61255
(3,465)
101,501
Restrieted funds
CIC Workshop
CIEC Bursaries
Health of Riding EstV4blishments Response
Project
2,496
617
2,496
4,082
3,465
3,095
3,095
6,208
3,465
9,673
TOTAL FUNDS
43,711
67,463
111,174
Net movement in funds, included in the above are as follows..
Incoming
resources
Resourccs
expcnded
Movement
in fiwds
Unrestricted funds
General fund
165,123
(103868)
61,255
Restricted funds
CIC Workshop
CIEC Bursarics
He￿th of Riding Establishments Response
Project
5,069
4,082
{2,573)
(3,465)
2,496
617
3,179
(84)
3,095
12J30
{6,122}
6,208
TOTAL FUNDS
177,453
(l(V),990)
67,463
Comparatives for movement in hnds
Nel
mov¢ment
At
31.3.23
At 1.4.22
in funds
Unrestricted funds
Gcneral fund
35,803
7,908
43,711
TOTAL FUNDS
35,803
7,908
43,711
Comparative net movement in funds, includ¢d in the above are as follows..
Jncoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
89,719
(81,811)
7.908
TOTAL FUNDS
89,719
(81,811)
7,908
Page 13
continued...

ASSOCIATION OF BR￿lSH R￿ING SCHOOLS
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
14.
MOVEMENT tN FUNDS- continued
A currcnt year 12 months and prior year 12 months combin¢d position is as follows".
N¢t
movement
in funds
Transfers
between
funds
At
31.3.24
At 1.4.22
Unrestricted funds
General fund
35,803
69,163
(3,465)
101,501
Restricted funds
CIC Workshop
CKEC Bursaries
He￿th of Riding Establishments Response
Project
2,496
617
2,496
4,082
3,465
3,095
3,095
6,208
3,465
9,673
TOTAL FUNDS
35.803
75,371
111,174
A current year 12 months and prior year 12 months combined net movement in fund4 included in the above are as follows..
Incoming
resources
ResoU￿¢S
expended
Movement
in funds
Unrestricted funds
G¢n¢ral fund
254,842
(185,679}
69,163
Restricted funds
CIC Workshop
CIEC Bursaries
Health of Riding Establishments Response
Project
5,069
4,082
(2,573)
(3,465}
2.496
617
3.179
(84)
3.095
12,330
(6.122)
6,208
TOTAL FUNDS
267,172
{191.801)
75.371
15.
RELATED PARTY DISCLOSURES
There were no related party transathions for the year ended 31 March 2024.
Poge 14

ASSOCIATION OF BIUTISH RIDING SCHOOLS
DETAILED STATEMENT OF FtNANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 IVIARCH 2024
2024
2023
INCOI¥IE AND ENDOWMEwrs
Donations and legacies
Donations
Grant5
35,454
12,330
47,784
Other trading activities
Members subscriptions
Safeguarding course income
Certificate in equestrian coaching and apprentice
scheme
Rider test booklets and sale of merchandise
48,868
3,681
38,822
4,691
42,386
34,418
28,672
17,477
129,353
89,662
Investment income
Deposit ac¢ount interest
316
57
Total incoming resources
177,453
89,719
EXPENDITURE
Charitable activities
Wages
Pensions
Safeguarding coursc costs
Rider test booklets and sale of merchandise expenses
Conference expenses
Cost of certificate in equestrian coaching and
apprentice scheme
Insurances
Printing stationery and o￿lCe Costs
Postage
Advertising and PR
Telephone
Computer operating costs
Travel expenses
Lcgal and professional fees
B￿]k ¢harges
General expenses
Fees and subscriptions
Membership benefits
Fixtures and fittings
Computer equipment
Grants to institutions
34,204
388
2514
11,766
601
23,783
1,184
4,484
6,296
72
28224
2J05
4,359
1,165
4,694
17,867
2,077
4,414
994
3,576
1,087
1,083
622
198
1,265
681
4.706
4,701
233
148
1,232
1,1 is
312
4,519
6201
269
162
2,651
108,177
79,471
Support costs
Governonce eosts
Independent examinevs fee
Ac¢ount8ncy and legal fees
lJ50
463
1,350
990
1013
2.340
This page do¢s not fom) part of th¢ statutory financial statemcnts
Page 15

ASSOCIATION OF BRITISH RIDING SCHOOLS
DETAILED STATEMEwf OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Total resources expended
109,990
81.811
Net income
67,463
7,908
This page does not forn) part of the statutory financial statements
Page 16