COMPANY REGISTRATION NUMBER.. 09146301 CHARITY REGISTRATION NUMBER: 1158881 Wilton Riding for the Disabled Association Company Limited by Guarantee Unaudited Financial Statements 31 March 2023 DEE NTAN YLTD Licensed Financial Accountants 1 Pennys Lane Wilton Salisbury Wilts SP2 OBE
Wilton Riding for the Disabled Association Company Limited by Guarantee Financial Stalements Year ended 31 March 2023 Page Truslees. annual report (inCoOratIng the directorfs report) Independenl examinerfs report lo the trustees Statement of financial activities (including income and expenditure account) 10 Stalemenl of financial position 11 Notes to Ihe financial slatements 13
Wilton Riding for the Disabled Association Company Limiled by Guarantee Truslees. Annual Report {Incorporaling Ihe Direclor's Report) Year ended 31 March 2023 The trustees, who are also Ihe direclors lor the purrx)ses ol company law, present their report and Ihe unaudited financial statements ol the charity lor year ended 31 March 2023. Reference and administrativo details Reglstered charlty name Wilton Riding lor the Disablgj Association Charity registration numt 1158881 Company registration number 09146301 Prlncipal ottice and registered 4 Sl Albans Close offlce &"shopdown Fami Salisbury Willshire SP1 3FN The trustees Mrs Thomas Mrs H Bentt Mr Dixon Mrs Drew- Treasurer Lady Hill - Chamian Mrs Hounsome Mr Ma¢kan Mrs Mathing Miss A Walden Dr Woirall - chrrnan IApwJinted 12 September 20221 IResigned 2 November 20221 IApFX)inted 20 June 20221 Independent examiner Sarah Hughes-Willh8ms Maedees Accountancy Limrted Structure. governance and management The Tiuslees present Iheii ann report l(Wher with the financial statements ol the Company lor the year 1 April 2022 10 31 March 2023. The Annu report serves the putposes of both a Trustees, report and a directors report under company Lgw. The Tmstees conlimi thai the Annual repon and financial stalements ol the charitable company com with the current slatuiory requirements, Il* requirements ol the charrtable companys goveming document and Lhe provisions ol the Statement ol Recommended praCte ISORPI appIaLle to charit5 preparing their accounts In accordance with the Financial Rep¥)rtirKJ Standard aable in UK arKI Flepublic of Ireland IFRS1021 lellective 1 January 20191. &'n¢e the Company qUlfieS as smal under seclion 382 01 the Companies Act 2006, the Strategic report required ol medium and large companies under the Companies Act 2006 (Strategic Report and Directors Report) Regulatn$ 2013 has been omitted.
Wilton Riding for the Disabled Association Company Limited by Guaranlee Truslees, Annual Report (Incorporating the Dlrecior's Report) Ini1U•Y) Year ended 31 March 2023 Objectlve$ and activities Objectives The objects ol The Charity are to promole the objects ol The Riding lor the Disabled Association incorporating Carriage DrivirvJ - a chanty registered under Charity Number 2441 C)8 (The Association) by providing people with disth5its the owortunity to ride. drive or engage wtt) horses to InefIt their health and wellLing. Wilton RDA does not offer carnage driving. The Charity provKJes therUl1c rijing lo tnefil the health welbeing ol children and adults with both physical and fnental disxlity and leaming diff111e$. This takes rAace at the Pembroke Cenlre, Home Farm Road, Wilton. Wilton RDA operates marity in school term time from Tuesday lo Thursday 9..30 to 3..30 pm and Saturdays 9..30 to 2.'OOKKn. In setting objectNe5 and rAanning lor acbvit$. the Truslees have given due considerality) lo general guidance published by the Charity Commission ielatiThJ to publ benefi.t, Including the guNJance 'Public L*nelit-. running a charity IP821'. b. Activities undertaken to achieve obiectives The Charity has continued to wotl( lo achieve the aim in its Mission Statement.. RIDING- Demand lor riding sessions Continues to grow. Fiona Larkin and Claire Hacker contrnue lo meet the challenge ol reducing a wailing list and tyoviding sessions lor the maximum number ol riders while keetx'ng the ponylhorse usage at manageable levels. Quite a lew ol our porsies are old and can only work fo¥ a limited time each day. Riders come lor a block of six weeks riding al a charge ol EIO per session. The charge has been completely accepted and undersrood by riders. We have a lurMI available lor any rider who is unable lo meet the cost. During school holidays we have introdLKed 'Own a Poty days. These gwe ride¥s the chance lo spend a longer time wth a kK)ny and lo experience caring lor a wsny as well as riding. These days have Dved lo be very pwular. GROUND BASED ACTIVITIES: On Mondays Emma Bull wovkyes Equine Assisted Leamry Sessions. These have been extremely successful and are espeualty helpful lor young peotAe wlh anxiety issues. Also on Mondays the Yoga with Horses group meets. The group has been a greal su¢ces$ lor our own volunteers. Tea with a Pony sessions have been a greal success. The sessions run on a Friday allernoon and give guests the opportunity to pat and groom the ponies as well as lo enjoy afternoon tea aThJ Cake. We held an open afternoon in September so that mar¢agers could wsit to assess the lacilrties and lind I more about the impact on people with dementsa aThY mentJ heallh issues. During the year we had sit5 from several groups inclLKling Mencap, South Nthvton Hospital. Ajzheimers Support, Sier Salistxjry aNJ Elizabeth HrAJSe.
Wilton Riding for the Disabled Association Company Llmlled by Guarantee Trustees. Annual Report (Incorporaling the Direclor's Report) (nI1(d) Year ended 31 March 2023 We are Immensely grateful to the many volunteers who have made cakes and given up their tsme lo run the sessions. There is no doubt that simply beirvj with horses can have a profound impact, both stimulating arKI calming oui guesis. HORSES AND PONIES: We currently have 16 horses and ponies. The Tnjstees would like to thank Cl&re Hacker, Sally Lelroy and all the volunteers who look after them throughout the year, and undertake all the we and feeding on non-riding days. Bob Rhind-Tutt continues lo do a great job lookiThJ after our fields and deajing with repairs to fencing. COACHING AND TRAINING: We conts.nue to provwje Iraining to all our volunieets ai the start ol the school year. This is open to long standing volunteers as a refresher tranir¥J and ollers a comprehensive traniro lor new volunteers. New volunteers are also supported in the earfy stages ol volunteering by a mentorthddy arml are promded wrth a handtrKJok to suprK)rt their learning. We are extremely gratehjl to our Coaches. We have some ¥A)ILsnteers readY undertaking Coaching training and we are encouragir¥J more reople to get involved. STAFF and VOLUNTEERS: Claire Hacker continues in post as our Centre MaThJer. She is a huge asset to the Pembroke Centre and is a positwe insrx'ralion to riders a1 to volunteers. The Trustees would like lo cOrd their thanks lor the excellent work that she does. The Pembroke Centre could not 0rate w1Ul the many volunteers byho give up theii time lo help with riding, fundraising and all the ground based activtties Ihat we are developing. We are so fortunate in t)eing able io attract so many Committed and talented peoFAe who are very much at the heart ol everything Ihal we do. The Volunteer Co-ordTrnators have p¥ovided support to the volunteers and make sure that everyone helping al the Centre feels welcomed and valued. In addition to the VC duties &'m Clarke conlTrnues lo run the DBS cheths with her USU efh.ey. We wekomed a new team ol volunteers this year. The adutt life skills class al Willshwe College have joined us as gardeners. Our own excelknt gardenirvJ leam have 1¢OMed their help. The Operations Team contsnues lo work well and the 'DashbOd. summary ol actsvities has proved to be ol great nlI1 to the Trustees, ensunThJ that Strategr planning can be grounded In the pra¢lical running ol the Cenlre. Al the AGM in Novemtr Alex Hill stotsd down as Chair ol Trustees. She has provided superb leadership lor Wirton RDA lor many years arKI she wil be very much missed in that capacity. We are delighted that she still linds lime to be at the Centre as a volunteer and Coa¢h. Helen Bennell and Amy Waden joined the Trustee Board at the AGM and Jackie Worrall was aRinted as the new Chair. The Board ol Truslees continue to provKle directs.on at Ihe Centre lo ensure that the Centre runs elliciently and ellectively. This year the Tiuslees decided io move towards an equine therapy approach. rather than a sole locus on riding. This will emdEd in ihe development ol a new logo, website and promotional materAI and we will eventualty trade under the banner ol Pembroke Centre.
Wilton Riding for the Disabled Association Company Limited by Guarantee Truslees. Annual Report (Incorporating the Direclor's Report) (conlinu*l) Year ended 31 March 2023 FUNDING and FUNDRAISING: Wilh legacies, donations and lurtlrJsing actrvrlies we continue lo be in a good financial 51ate. The Trustees have ensured that spEnding is carefully morNtored and managed so that we can keep running costs to a minimum and we are extremely fortunaie Trn having Tricia Drew as our Treasurer to keep us well within targets. We were very grateful to Ihe Witton Camivd Commtttee who donated ail ol the funds raised at the CarnNal fo Wilton RDA. We were also very grateful to Kelly Marks wM)se afternoon sessK)n not only raised funds txjl also owded a valuable insight ts710 horse tEhaviour. We have focused very much on raising our profile ralher than direct fund raising_ We have given talks to several local groups. all ol whom made donations as a iesult. We attended the Eye Can Exhibition in Salisbury and the Christmas Fair at Ohd Sarum "rfield. Our own Christrnas Carol Service was, as alaY5. a great success. Thank you lo CLre H&ker arKI all Ihe vokjnteers vAK> made sure that It was a delight for everyone who attended. Finally I would like to thank the Trustees. our volunteers aThJ Claire lor their suw)rt and encouragement in my first year as Chaii. The Pembroke Gentre is an amazir¥J ace giving help and support lo so many people in so many diffeient ways. l am very pleased and p¥oud io have the opportunity to be involved. Dr Jacqueline Worr1 Chairman ol Trustees.
Wilton Riding for the Disabled Association Company Limiled by Guarantee Truslees. Annual Report (Incorporatlng the Dlrector's Report) (ContInu1 Year ended 31 March 2023 Achievements and pertormance a. Key portormance indicators The charity's resources increased by £23.785 12022 increased £16,677) during the year, represented by net assets of £422.36712022 £398,582) at the year erKI. b. Revlew ot activities The charity had toial incomiro resources of £106.46712022 £91,333), the principal soijrce ol funds ing from donations. Expenses were £82,66912022 £74,656) A legacy of £4,000 was left by Isobel Boalswwn. Other IradirrfJ activities consist ol fund rwsing Irom ts Wilton 100 fUndrsIr0 event and various raffles. Flnancial review a. Going concem Aller making appropriate enquiries, the Trustees have a reasonat4e exFeetalion that the Company has adequate resources to eontinue in Operation existence lor the foreseeab future. For this reason. they continue to adopt the going concern basis in prepanThJ the linancid statements. Further detw'ls regarding the adoption of the goir¥J concern basis be found in the accounting PolEs. b. Regerves policy Unreslricled funds al the year end lowled £349.166 12022 £329.4711. Of Ihis £106,931 12022 £106,931) has en designated lor a parttular pUoSe leaving a bdance of £242,235 12022 £222,540) in the general lund after legal, pLgnning ar 0untY costs. These represent unrestricted, undesignated funds avalthe lor The Charity's oidinary purposes ol runnirg the centre, any funds lCh are in excess ol these Costs and surplus to requirements a to be ulilised lor the replacemenYrelurt¥shmenl ol buiklings and alIlary r¥Jing areas. Unrestricted funds includes designated funds of £70,(K)O hehj lor tt)e ¢emenurefurbb$hMent ol txjildings., and in additk)n. donations towards clubrrxjm furnitu, a liekj sheiiei, Whtt are being written down over the course ol each ol the assets estimated lifetime. Maierlal investments policy The investment policy has been lo Sky funds in the HSBC dewsil fund. However during the year surplus lunds have been invested in a one year tK)ThJ wilh Hampshire Twst Bank. d. Principal risks and uncertainties The Trustees have assessed ts major risks lo which the company is exposed, in partular those reialed lo the operations and finances ol the company and are satisf1 that systems and procedures are in place lo milKJate our exposure to the Tnajor risks.
Wilton Riding for the Disabled Association Company Llmlled by Guarantee Trustees. Annual Report (Incorporaiing ihe Direcior's Report) IL•niinu&ll Year ended 31 March 2023 Achievemonts and perf0mlan (contlnu&ll Stwcturei governance and management a. Constitution Wilton RKling for the Disabled Association is registered as a charitable company limited by guarantee and was sel up by and consliluled under the Memorandum ol Ass(Klatn on 24 July 2014. It is a registered charity. numlr 1158881. b. Structure and govemance Wilton Riding for the DiSabd Association lThe Charrtyl Is a company limited by guarantee registered In England and Wales wth company number 09146301. 11 was Incorp)rated on 24 July 2014 with the intention ol taking over the activibes ol the The Willon Group ol The RKling lor the Disabled AssociatK)n (The Groupi. registered charty numtrr 1074175: whrh was created in February 1999. The Charity Was registered wTrlh the Charity CommissM)n on 16 October 2014 with charity number 1158881 arvj the assets ol The Group weie Iranslwred to The Charity on 31 March 2015. The Group and now The Charity operate urKleT the umbrella ol the RidirKJ lor the Disabled Association incorporating Carrkqge Driving vkni¢h Is a chatty registered urKler the Charities Act 1960 regtslered number 244108 (The Associationl. The Associakn"on a lederabon ol separate member gioups ol which Charity land lormerfy The Gioupl Is one such member. The Assock3bon's headquarters are at Norfolk House. la Toumameni Courl. Edgehill Drive. Warwick. CV34 6LG. The Charity is governed by the memorarKlum arKI art$. c. Methods of appointment or electlon of Trustees Management ol the company (Wilton RDAI Is Ihe ieswnslxlty ol the Trustees who are elted every year al the AGM, and il broLJghl on tKJard mid-year. are -opted until such time they are electecl formal ai the nexi AGM. There are cuirently 9 Truslees, Alex H1 storxl down as Chair ol Trustees during the year and Helen Bennett and Amy Waklen joined the Trustee trjard. The Trustees meet at least 6 limes a year. and Ilse closely wth LKbth the Vc's and the Centre Manager. The Trustees rrMallY try to enlist from the VoluntTS ale TeadY tomiJty iegislered wrth The Charity, but occasionally il proves wessary io search ralher der afield. d. Policies adopted for the Induction and training of Trustee5 Inducknon ol new Trustees Is dealt with by following the guidance laid dtswn in the RDA National's Membership Manual Whh. Inter dFa. requires au new trustees to read the relevant Charity Commission FxjbIa1i)ns.
Wilton Riding for the Disabled Association Company Limiled by Guarantee Trusiees. Annual Report (Incorporating the Director's Report) {ContInu) Year ended 31 March 2023 Achievements and pertormance (Con11nlI e. Management 11 is the duly ol Trustees lo oversee the control ol the Willon RDA, and ils property and funds. They have a duty to plan lor a suceesslul lulure lor the centre. arKI provide v&ue lor money from any capit expenditure that is required. C(xnpany law requires the charity Trustees io prepare financiJ slatemenls lor each year which gives a lair view ol the stale ol allair ol the chaiilable company and ol the incoming resources and ap[iCatiOn ol reSoUrs, including the income arhj expendilure, ol the Charitab company lor that period. li i8 the Tnjstees responsitM"lJty to maJ(e sure the apprLyriate ri8k assessments lor the centre, and the activities taking place therein, are produced. ALSO. that all insurance poIleS are kept up to date. Trustees musl ensure GDPR IeMen1a"0n is apybed. and lo this end has a Data Prolection PoIY a Group Privacy Policy t(sth ol are dIS4a on the club ri>om notice tM)ard. Claire Hacker continues in her iole as Cenire Manager linking the rKlI[ days and overseeing all asPECts to ensure the smooth and eIrent running ol The Pembroke Centre. f. Malntenance Ongoing maintenarre work on the lences and [Id shellers continue under the supervision ol the Operations Team. Small wmpany pro¥i$ions This report has been prepared in acCdare wth the provisions alable to companies enliued lo Ihe small companies exemptKSn. The Iruslees, annual ieFx)rt was 34yoved on 8 Novemter 2023 and signed on behall ol the board ol trustees by". Mrs Drew- Treasurer Trustee
Willon Riding for the Disabled Association Company Limited by Guarantee Independent Examiner's Report lo the Trustees of Wilton Riding for the Disabled Associalion Year ended 31 March 2023 I report to the trustees on my ex8minatson of the financial staiements ol Wilton RIng lor the Disabled AssocialK)n Ilhe chartyl for Ihe year erKled 31 March 2023. Respon$lbllltles and basis of report As the Iruslees ol the company larnl also ils directors lor the purposes ol company lawl are responsib lor rhe KeparalDn ol the financial slatements in accordance with the requirements ol the Companies Act 20061.lhe 2006 1,). Having satisfied myseLf Ihai ihe accounts ol the company are not required to be audited under Part 16 ol the 2006 Act and are eligi14e lor indeKndenl examination, I report in respect ol my examination ol Ihe charity's accounts as carried out under secb.on 145 01 the Charities Act 2011 I'lhe 2011 Act'l. In carying out my examination I have followed the DirÉrtions given by the Charty Commission under se¢tion 14515llbl of the 2011 Act. Independent examiner's statement I have ¢ompleled my examinatson. I confirm that rK) matters have come to my attention in connection th the examination giviThJ me cause to believe.. accounting records were nol kepl in respect ol the charity as Tequi by section 386 01 the 2006 Act,. or the financial statements do not accord those rold$. or the financial slalemenls do not ¢omply the accounting requirements ol section 396 01 the 2006 Act other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part ol an iThJepeThJenl examination,. or the financial statements have not *en preped in acCOrdae with the methods and txinciples ol the Statemeni ol RecommeThJed Practice lor accounling and re[rtIng by charities 34Vieable 10 ¢harib'es preparing their a¢¢ounts in accordance wth the Financial Reporting Standard aalle in the UK aThJ RblIC ol Irela IFRS 1021.
Wilton Riding for the Disabled Association
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Wilton Riding for the Disabled Association (continued)
Year ended 31 March 2023
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Sarah Hughes-Williams Macdees Accountancy Limited Independent Examiner
1 Pennys Lane Wilton Salisbury Wiltshire SP2 0BE
8 November 2023
9
Wilton Riding for the Disabled Association Company Limited by Guarantee Statement of Financial Activities {including income and expenditure account) Year ended 31 March 2023 23 Restricted funds Total funds 2022 Unrestricted fuThJs Total funds Note Income and endowments Donations and legacies Other tradirKJ activities Inveslmenl income Other IroMe 41,058 53.306 1.626 6.374 1,362 2.741 42.420 56.047 1.626 6,374 45,234 45,568 531 Total Income 102.364 4.103 106.467 91,333 Expenditure Expenditure on charItae actimlies Total expendlture 9.10 13 82,682 74,656 82.669 13 82.682 74,656 Net income and nel movement in funds 19.695 4.09) 23,785 16,677 Reconciliation of funds Total funds broL5ght forward Toial funds carrled fornard 329,471 69,111 398,582 381,905 349,166 73.201 422.367 398,582 The slalemgnt ol finala1 activrties irKludes 1 gains aThJ losses recognised in Ihe year. All income and eXperlture derive from conts"nuing aclivib"es. Tha notès on payès 13 to 23 forni part ot t11 flnancial statsments. 10
Wilton Riding for the Disabled Association Company Limited by Guarantee Statement of Financial Position 31 March 2023 %J23 2022 Note Fixed assets Tangible fixed assets 16 226,098 218.180 Current assets Stocks Debtors Investments Cash al bank and in haNI 17 18 19 735 11,CK)O 106,951 82,970 1.752 9,277 105,779 72,818 201,656 189.626 Credltors: amounts falling due within one year Net current assets 5,387 9,224 196.269 180,402 Total a$$eis less current Ilabllltles 422,367 398,582 Net assels 422,367 398,582 Funds of the charlty Reslri¢ted funds Unreslricled funds 73,201 349.166 69,111 329,471 Tolal charity funds 422,367 398,582 For the year ending 31 March 2023 the Charity was entsled to exemption from audit under section 477 ol the Companies Act 2006 relating lo small companies. Directors. responsibilits"es'. The members have not requi¥ed the company lo obtain an audit ol its financial statements lor the year in quesbon in accordance wlh section 476," The directors acknowledge thei¥ spOnSIbl1111es lor cOMp.ng wilh iequirements ol the Act with respect lo accounting records the preparatDn ol financiJ statements. These linancial statements have prepared in accoidance with ihe provisions applicable lo companies subject to the small companies, regime. The statement of financial position continues on the following page. The noles on pages 13 to TJ forrn part ol these financial statements. 11
Willon Riding for the Disabled Association Company Limiled by Guarantee siatement of Financial Position (Lxinlim) 31 March 2023 These financial statements were approved by Ihe lJ)ard ol trustees and authorised lor issue on 8 November 2023. and are signefj on behalf ol the ard by". Dr Worrajl - Chwmian Trustee Th• not8s on pag•s 13 to ZJ fomi part of thès• financial stat•m•nts. 12
Wilton Riding for the Disabled Association Company Limited by Guarantee Notes to the Fbnancial Statements Year ended 31 March 2023 General Infomiatlon Wilton Riding lor th& Disabled Association is a chantatAe company limrted by guarantee incorporated in Engknd aThJ Wales wlh the company nurnber 09146301. Its registered office is 4 St Albans Close. 8ishoFKJown Fami. Salisbury. Willshire. SP1 3FN. The members ol the company are the Truslees named on page 1. In the event ol ihe Charity being wound up, the liability in respect ol the guarantee is limited lo £1 member ol the Charity. The company is so registered with the Charrty Commission and its reg6tered txjmber is 1158881. ststement of complianee Slalemenl ol Trustees. responsibilit& The Trustees (who are dso Ihe directors ol the Company lor the purposes ol company lawl are responsible lor preparing the Truslees. report and Ihe finanryJ statements in accordance with applicthe law and United Kingdom Accounliro Statyiards Iuniled Kirodom Generally Accepted Accounting Praclicel. Company law requires the Twstees to prepare linancLal statements lor each financial year UThJer company law, the Truslees must not ap¥)rove the finarla1 statement5 unless they are satisfied that they give a irue ar)d lair vw ol the slate of affar5 01 the Company and ol its incoming resources and aat)n ol resources, including its irKome and experltUre, lor that p&riod. In preparing Ihese financial statements. the Trustees are required lo.. 1. Select suitable accounting lIcIeS and then aOy them consistenily,. 2. Observe the methods and prirtiples ol the Charit*s SORP IFRS 1021; 3. Make judgements aThY accountiro &stimates that are reason ar prudent,. 4. State vthether appIate UK Accounting StarKla¥dslFRS 1021 have been lollowed,sublI to any maleriJ departures disc5osed arKI eXained in Ihe financial statements., 6. Prepare the financial staternents on the going COeT basis unless it is inappropriate to esume that the Company wll contirnje in business. The Trustees are respL)nsibie for keepirwj adequate actounting re¢ords that are sufficient to show and explain the Companls transactions and disclose with reasonable accuracy al any lime the financial position ol Company and enable them lo ensure that ihe financial statements comply with the Companies Act 2006. They are also reSFx)n5iie for safeguarding the assets ol tt)e Company and hence lor takwNJ reasonable steps for the prevention and deteclK)n ol fraud and other irregularities. Approved by order ol the members ol the tM)ard ol Tiuslees and sKJned on their half by.. Patricia Drew 13
Wilton Riding for the Disabled Association Company Limited by Guarantee Noles lo the Financial siatemenls leontindI Year ended 31 March 2023 Accounting policies (contlnt*LIJ Accountlng policies Basi$ of preparntion The financial statements have been prepared ro give a 'lrue and lair wew and have depart1 from Ihe Charities IAccounis and Rerxyts ReguLqtions 20081 only to ttie extent required lo provide a 'true and lair view. Th6 departure has involved following Accounting ar Reporting by Charr(ies preparing their accounts in accordae with the Financial Reporting Standard applicable in the UK and RepuLlic of Ireknd IFRS1021 ralhw than Accounting and RepDrhng by Charities.. Statement ol Recommernjed pralee effecb.ve from l April 2005 which has since been Ihdrawn. Wilton RKJing lor the Oisabled Assockgb"on meets the defintbon ol a public benefit entity under FRS 102. Assets arKI likn"lilies are initially recognised al historal cost or transaction value unless otherwise stated in the relevant aountij rDIy. Going concem The Trustees consKler that the Charity is a goiry co[M and the &counts have been prepared on that basis For hjrther Information see note 27. Dixlosure exemption$ No cash flow stalemenl has presented for the company. No key judgements and estimabons have been set lor this year. Fund accounting General funds are unreslricled funds whh a availab for use at the discretion ol the Trustees in furtherance ol the gene Objecte$ ol the Comixny and whh have not been designated lor other purKK)ses. Designated funds wmpiise UnTesled lurKJs that have been set aside by the Trustees lor parltular purposes. The aim and use ol each desK3naled lund is set out in the notes to the financial statements Restricted funds are funds which are to te used in 7£cordare specific reslriclions imFxJsed by donors or whh have been raised by the Company lor particular purposes. The ctssts ol raising and administering such Itjnds are charged against the specilic lund. The aim aTKI use ol each reslricled fund is set oul in the notes to the financi statements. Invesfrnenl IrOrne, gairs and losses are alk)catgJ to the appropriate fund. 14
Wilton Riding for the Disabled Association Company Limiled by Guarantee Noles lo the Financial Slatemenls io)rtVrt¢wTJ Year ended 31 March 2023 Accounting pollcles (contlnwdl Incomlng resources All income is recognised once the Company has entiiiemenl lo the income, it is probable that the income will t received and the amounl ol income Teceivable can te measured reliably. This recognition ol Income from a¢le5 is dependent on establishing entitlement, the probability ol receipt and the ability to estimate with Sufflen1 accuracy the amount reCeivae. Evidence ol entillefnenl to a legacy exists when the Company has sullicienl ewdence that a gilt has been left to Ihem Ilhrough knowledge ol the existence of a vld will and the death ol the benelactorl and the executor is satisfied that the woprty in question will not be required to satisfy claims in ihe eslale. Receipt ol a legacy must be recognised when il is probthe that it will LE received and the tair value ol the amount receivthe. which wll generalty be the expected cash amount to be distributed lo the Company, can rdiably measured. Gifts donated lor resale are included as income en they are sokl. No amounts are itKluded in the financial statements lor services donaied ty volunleers. Income lax recovere in relatK)n to donations [9¥ed uThJer Gift Axl or deeds ol covenant is recognised at the time of Ihe donation. Resources expended Expenditure is recogntsed once there is a legaj or constructive oblwJation lo transfer economic benefit lo a third party, il is probable thal a transfer ol economic benefits will be required in seitlement and thi5 amount ol the otAigalion can be measured reliably. expenditure Is classified by aclivty. The costs ot each activrty are made up ol the total ol direct costs and shared costs, irlUding supwrt costs involved in UlertaKITh) each activity. Direct costs attribuiable to a single activity are allocaied directly lo ihat actiwty. Shared costs which contrbute to more than one actwity and support costs vknich are not attributatk to a single activty are apportioned ben those activities on a basis consistent wth the use of resources. Central stall costs are allocated on the basis ol time ¥tnl, and deweciation charges alocaled on the wsrtion ol the asset's use. Costs ol generating funds are costs irred in attracting voluntary income, and those irUr1ed in tradirKJ aclivitses that rse funds. Charitable aciivilies and Governance costs are costs irturred on tt)e company's edats.0n operations, including sort costs arJ u)slS relaD"ng to ihe govemance ol the company apportioned lo charitable acknwijes. l expenditure is IlU$e ol wrec0Ve VAT. Interest receivable Interest on funds hekl on dep)sit is included when receivthe and the amount can be measured rellatY by the Company", Ihis is nomidly y)n notification ol the interest pd or payable by the inslilulion wth whom the funds are deposited_ 15
Wilton Riding for the Disabled Associalion Company Limiled by Guarantee Notes to the Financial Statements Year ended 31 March 2023 Accounting policies (Lx)niim) Liabllltles and provl$lon$ abilities are rogniSed when there is an oblvJatM)n at ihe Balance Sheet date as a result ol a past event, il is probth thal a Iransler ol economic benefit will be required in setuement, and the amount ol the settlement can bs estimated reliably. Liabilils are rgcognised at the amount that the Company an11pateS it wll pay lo settle the debt or the amount il has reiVed as advaed payments lor the goods or services it musl provKIe. Provisions are measured at the best estimate ol the amounts required ro setde the obligation. Where the effect ol the b.me value ol money is material, the prowsv)n is based on the present value ol those amounts, discounted at the pre-iax discount rate that relts the risks specific lo the liability. The unwiThJiThJ ol the dinI is recryJnised in the statement ol financial acts"vities as a finance cost. Inve8tment$ Current asset Investrnents comwL%e cash or cash equNalents with a malurity dale of one year or more from the date ol acquisits.on or opening ol the depx)sit or s11ar a¢counl. Tangible assets Tangib fixed assets costsng £250 or more are ¢a¥Mtalised arKJ recognised when future economic nelits are probable and the cost or value ol the asset can measured reliably. Tangib fixed assets are intttally recognised at cost. After recognition, under the cost model. tangible fixed assets are measured al cost less ¢UMUlated depreciation and any accumulated impaimienl losses. All costs incurred lo bring a 1aTrJ1e fixed asset into its intended working condition should be ilUded in the MeasuMent of cost. Dopreciation Depreciabon is ¢alculaled so as lo wrile oll the cost or vduairjn ol an asset, less its residual value. over the useful economr life ol that asset as follows- Centre upgrades Offe equipment arhj tack equipment Horses and pOnS Solar pane15 over ihe eslimated life span5 01 the various assets 25°A reduciThJ balance straighl line over 20 years for the solar panel arKJ ove¥ 12 yeS lor the inverter over the period of the lease Indoor rKtirKJ school 16
Wilton Riding lor the Disabled Association Company Limited by Guarantee Noles lo the Financial Stalements lcont1nl) Year ended 31 March 2023 Accounting policies {conlinuedl Debtors Inleresl on funds hekl on deposil is included when receivable and the amount can be measured reliably by the Company.. this Is nomially UKK>n notification ol the interest pd or Payate by the institution with whom the funds are deposited. Cash at bank and in hand Cash at bank and in hand incltjdes cash and short-term h¥Jhly IKiuid investments wlh a short maturity ol three monihs less from the dake ol acquisibon or opening ol the dewsit or similar account. Stocks Stocks are valued at the lower ol cost and net reali%*Ae value aller making due allowance for obsolete and slow-moving slocks. Financial instruments The Cofnpany only has financial assets and financial liabile$ of a kind that qualify as basic financial instruments. Bas financid instruments are initially recognised al transaction value and subsequently measured al Iheir setuemenl value with the exceplion of bank loans which are subsequentty measured al am0sed cosl usiro the effecb've interest method. Defined contribution plang This Company operates a defined conrribulion pension scheme and the penSn charge represenis the amounts payables by the Company io luThY in respect ol the year. Limil8d by guarantee Wélon Riding for ths Disabled Association is a charrtthe company limited by guarantee incorporated in Engknd and weS wth the company number 09146301. Its iegistered ollice is 4 St Albans Close, 8ishoFxJown Fami. SJisbury, Wiltshiie, SP1 3FN. The members ol the company are the Truslees named on page 1. In the event ol the Charity being wound up, this l1a.11ty in respect ol the guarantee is limiied to £1 r member ol the Charty. The company is Jso registered with the Charrty Commission atxl its registered number is 1158881. 17
Wilton Riding for the Disabled Association Company Limited by Guarantee Noles lo the Financial Slalemenls 1¢onlindI Year ended 31 March 2023 Donatlons and lega¢ie$ unrestted Funds Reslricled Total Fund$ Funds 2023 Donations Donations (Non-regular Donations (Regularl Legacies CollectirwJ Boxes 32,821 1,974 4.000 2,263 1,062 33.883 1.974 4,000 2,263 Grants Grants Income 300 41,058 1,362 42,420 unrestted Funds Restricted Total Funds Fun(18 2022 Donations Donations (Non-regularl Donations (Regularl Legacies CollectirrfJ Boxes 43,203 43,203 300 1,270 1,270 Grants Grants Income 461 461 45,234 45,234 Other trading activities Unreslricled Funds Reslrrled Total Funds Funds 2023 Various fund raisiThJ events Use ol school, Riding & Pembroke Cenlre Sale ol goods Sale ol excess solar energy 8.763 40.734 2.508 1,301 1.991 750 10.754 41.484 2.508 1.301 S3,306 2,741 56,047 Unreslricted Fund5 Restricted Total Funds FurKIs 2022 Various fund raisiro events Use ol school. RidirKJ & Pembroke Centre Sale ol gDods Sale ol excess solar energy 7.501 27.871 8,856 1.340 7,501 27,871 8,856 1,340 45.568 45.568
Wilton Riding for the Disabled Association Company Llmiled by Guaranlee Notes to the Financial Statements Iconiin Year ended 31 March 2023 Investment Income Unrestricted Totsl Funds unles1rted Told Funds Funds 2023 Funds 2022 Bank interest 1,626 1,626 531 531 Other incorne Unrestricted Totsl Funds Unrestricted TO1 Funds Funds 2023 FurK 2022 Other income 6,374 6,374 Expenditure on charltable a¢tlvltles by fund type unreslrted Funds Reslricled Total Funds Funds 2023 Event expenses Support costs 37,315 45,354 37.315 45,367 13 2,669 13 82.682 UnreslrKled Funds Restricted Tota Funds Funds 2022 Event expenses Jpport costs 19,875 54,781 19,875 54,781 74,656 74,656 10. Expgndllure on charitable activities by activity type PLiNitses undertaken Grant funding directy ol activrties SuFPOrt costs Total funds 2023 Total fund 2022 Event expenses 35.158 2.157 45,367 82,682 74,656 19
Wilton Riding for the Disabled Association Company Limited by Guarantee Notes to Ihe Financial Statements ietirtinwdj Year ended 31 March 2023 11. Analysi$ ot support co$1$ Analysis ol SUprt costs Total 2023 Total 2022 Stall costs General ollice Governance costs Support costs 8,470 4,339 1.995
.561 8,470 4,339 1,995 30,561 6,599 6,081 12,335 29,766 45.365 45,365 54,781 12. Net Income Nel income is slated after chargir(credItIngl'. 2023 J22 Depreciation ol tarrfjible fixed assets 9,784 9,438 13. Independent exarnination fees X)23 122 Fees payable lo the indepeThYenl examiner for". Independent examinatw)n ol the financi slatemenls I,(K)3 1,209 14. Staff costs The total staff costs and employee benefits lor the reFKKling [rIOd are analysed as follows.. 23 22 Wages ar salaries EM0yeT contributions to pension plans 8,022 448 6,210 389 8,470 6,599 The average head count ol emE4oyees duriThJ the yeai was 212022.. 21. The average number ol lull-time equIVent employees duiirKJ the year is aY$ed as folk)ws." 2023 No. 2022 No. Number of staff No employee received employee benefits ol more than £60,000 during Ihe year12022.' NII. 15. Trustee remuneratlon and expenses No remuneration or other benefits from ernOYment with Ihe charity or a related entity were reiVed by the trustees.
Wilton Riding lor the Disabled Association Company Limited by Guarantee Notes lo the Financial Slalements (COnlInl) Year ended 31 March 2023 16. Tanglble flxed asset$ Offe and Long-term Freehokj Fixluies Other fixed Computer asehold property litbngs assets UIpMent tKoperty Total Cost At 1 Apr 2022 Additions Distx)saL8 At 31 Mar 2023 169,250 18,655 5,225 17031 23.177 49,912 12,477 13,9X)I 58,489 7.271 40,688 285,776 17,702 14,6031 298,875 169.250 7,271 40,688 Deprecialion At 1 Apr 2022 Charge for the year Diswsals Al 31 Mar 2023 25,185 13.760 16,4¢XS 8,341 67,595 3,6 2,5 17021 15,563 1,676 I3,0) 14,176 505 1,192 9,784 14,6021 72,777 29,091 4,414 9.533 Carrying amount At 31 Mar 2023 140.159 7,614 44,313 2,857 31,155 226,098 Al 31 Mar 2022 144,065 4,895 33,512 3,362 32,347 218,181 17. Stocks 2023 2022 Raw materials and consumables 735 1,752 18. Debtors 2023 2022 Trade debtors Prepayments and accrLEd iome 4.806 6,194 4,799 4,478 11.000 9.277 19. Investments a)23 2022 Short lemi t1ndS HSBC deposit luThJ 50.695 56,256 50,503 55,276 106.951 105,779 21
Wilton Riding for the Disabled Association Company Limited by Guarantee Notes to the Financial Stalements (eon*inr•èLI) Year ended 31 March 2023 20. Credltors: amounts falllng due wlthln one year 2023 2022 Trade Creditors Accruals and deferred income 12731 5,660 3,029 6.195 5,387 9,224 21. Penslons and other post rel1ment benefits Defined Contribution plans The amount recognised in income or experKliture as an expense in latiOn to defined contributs.on plans was £44812022". £3891. 22. Analy$i$ of charitable funds Unrestricted tund$ AI 1 AFW 2022 Income ExndItUre 31 Mar 2023 General lunds Desunated Fund 222.540 106.931 102,364 182,6691 242.235 106,931 329,471 102,364 182,6691 349,166 At IroMe Exndrtre 31 Mar 2022 Al 1 Apr2021 General funds Designated Fur 205,863 106,931 91.333 174.6561 222,540 106,931 312,794 91,333 174,8561 329,471 Restrfcted tunds At Income Expenditure 31 Mar 2023 At l Apr 2022 Restricted FurKJ 69,111 4.103 1131 73,201 At Income Expenditure 31 Mar 2022 Al 1 Apr2021 Restrted FurKI 69,111 69,111
Wilton Riding for the Disabled Association Company Limited by Guarantee Noles lo the Financial Statements (conrtlnwd) Year ended 31 March 2023 23. Analysis of net assets between funds Unrestricted Total Funds Funds 2023 Tangib Fixed assets Investments Current assets Creditors less than 1 JEar Net assets 226.098 106.950 94.706 15,3861 422,368 226,098 106,950 94.706 15,3861 422,368 Unrestricted Total Funds Funds 2022 Tangib fixed assets Investments Current assets Creditors kss than 1 year Net assets 218.179 105,779 83.848 19,2241 398,582 218,179 105,779 83,848 19,2241 398,582