Charity Registration No. 1158969 Company Registration No. 9216413 (England and Wales) NEW YATT RIDING FOR THE DISABLED TRUSTEES, REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025
New Yatt Riding for the Disabled CONTENTS Page Company inforniation Trustees, report Independent examiners. report Financial statements Notes to the financial statements 10
New Yatt Riding for the Disabled COMPANY INFORMATION Trustees Miss Ann Cripps (Chair) Mrs Katherine Jackson (Secretary) Dr Sandra Einig (Treasurer) Mrs Annie Stockford Mrs Philippa Atkinson Mrs Jenny Stowell Mrs Sara Phillips Mrs Pamela Mason Mrs Elizabeth Clarke Mrs PaulÉne Barlow Charity number 1158969 Company number 9216413 (England and Wales) Registered office Wilcote Road North Leigh OX29 6WT Oxfordshire Independent examiner Hilary Matthews
New Yatt Riding for tbe Disabled TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2025 Structureg governance and management The charity is also a company limited by guarantee. The governing documents are the Memorandum and Articles of Association, dated February 2011. The trustees, who are also the directors for the purpose of company law, and who served during the year were: Miss Ann Cripps (Chair) Mrs Katherine Jackson (Secretary) Dr Sandra Einig (Treasurer) Mrs Annie Stoekford Mrs Philippa Atkinson Mrs Jenny Stowell Mrs Sara Phillips Mrs Pamela Mason Mrs Elizabeth Clarke Mrs Pauline Barlow Appointment of new trnstees is based on knowledge and suitability, and confirnled at special or annual general meetings. None of the trustees have any beneficial interest in the company. All of the trustees are membcrs of thc company and guarantec to contribute £1 in the event of a winding up. The charity has no employees and is entirely run by volunteers. The trustees have assessed the major Tisks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. Objectives and activities The charity's objectives are to provide horse riding and other equine-related activities for disabled people in the Oxfordshire area and to raise funds in support of thos¢ activities. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Public benefit The charity provides public benefit by delivering affordable riding and other equine-related opportunities for disabled people for the improvement of their health and well-being.
New Yatt Riding for the Disabled Achievement and performance Reflecting on the past year, we are immensely proud of our achievements and the continued impact of our work. We have maintained our core offering of therapeutic horse riding in West Oxfordshire. providing 1.235 rides with our six horses in the past twelve months. While this is a slight increase from the previous year, our potential for growth is hindered by the ongoing chatlenge of recruiting qualified coaches. A major highlight this year was our 40th anniversary celebration on 8th September, with 160 attendees, including participants, families, volunteers, and supporters. The event featured a Fancy Dress Parade with ponies, a speech from the Deputy Lord Lieutenant of Oxfordshire, and the return of some of our founding members, who expressed pride in seeing the continued success of the Group. Our fundraising efforts have bc¢n particularly strong, thanks to the generosity of the local community. Contributions from donations, gifts in wills, grants, and events, and most notably a legacy donation of £1 0,000, have enabled significant investments in our infrastructure, ensuring its long-ternl sustainability. Notably. we successfully replaced rotten fencing and improved our muddy gateways for the safety of both voIunteers and ponies. Our ongoing efforts to enoage supporters included a range of fundraising initiatives. including a popular Sponsor a Pony campaign. Despite the challenges of limited staffing and resources, our dedicated volunteers and coaches have contÈnu¢d to demonstrate eXtraordinY tsamwork. The training and development of our coaches remain a priority. with new qualifications and training opportunities offered throughout the year. Looking ahead, we remain committed to maintaining our high standards of care for both riders and horses, and to fostering an inclusive and supportive environment for all involved. Financial review This has been a very positive year fmancially, with total income Tising to £77,038 compared with £37,768 last year. Much of this increase came from generous donations and successful grant applications, with voluntary income reaching £46,8J 8. Income from our riding sessions and other charitable activities contributed £20.851, up from £13,414 last year, which was largely due to an increase in our session fee from £1 O to £15 and our new policy to charge for no shows. Total expenditure for the year was £49,257. down from £62,742 in 2024, reflecting reduced site maintenance costs as our re-fencing works had been coming to Cotnpletion. 91 % of our spending went directly towards charitable activities - cating for our horses, maintaining the site, and delivering safe and enjoyable sessions for our riders. We are pleased to report a net surplus of £27,781, compared with a dcficit last year. Our cash reseives have grown to £73,i35 which gives us valuable tlexibility to invest in our facilities, horses, and people in the years ahead. This strong financial position means we can look forward with confidence, knowing we have the iesources to sustain and grow our work for many years to come.
New Yatt Riding foT the Disabled Future plans We have three main priorities for the next few years: l. With an aging herd, the Trustees consider it prudent to start the search for an additional pony. 2. Attracting and encouraging volunteers to train for an RDA Coaching Certificate is an ongoing mission, if we wish to sustain (or ideally increase) the current level of activity. 3. Fundraising will continue to be essential. Our arena roof is likely to require replacing within the next 5 years. These repairs are estimated to cost in excess of £1 00,000 and will have a significant impact on our activities.
New Yatt Riding for the Disabled INDEPEI¥DENT EXAMINER'S REPORT TO THE TRUSTEES OF NEW YATT RIDING FOR THE DISABLED I report to the trustees on my examination of the accounts of the Company for the year ended 31 August 2025. Responsibilities and basis of report As the charity 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 requir¢Enents of the Companies Act 2006 ('the 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 YOUT charity's accounts as carried out under section 145 of thc Charities Act 2011 ('the 201 l Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 201 l Act. Independent examiner's statement I have completed my examination. I confinn that no matcrial matters have come to my attention in connection with the examination oiving me cause to believe that in any material respect: . accountincr records were not kept in respect of the Company as rcquired by section 386 of the 2006 Act. or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair vi¢w which is not a matter considered as part of an independent examination. or 4. the accounts have not been prcpared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charitÉes preparing their accounts in accordance with Financial Reporting Standard for Smaller Eiitities (2015). 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. Signed. N. T C4t Name: Hilary Matthews Ad(Ircss: 31 Littlebrook Meadow, Shipton under Wychwood, Oxon, OX7 6EL. Date.. 29 December 2025
New Yatt Riding for the Disabled STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025 Total Funds 2025 2024 Notes Incoming resources from generated funds: Voluntary income Actkvltics for g¢n¢rating funds Incoming resources from charitable activities 46,838 7,539 20,851 12,809 9,612 13,414 Other income". Basic Payment Scheme Interest received 932 878 1,093 840 Total incoming resources 77,038 37,768 Resources expended: Charitable activities Costs of generating voluntary Income Governance costs 44,722 2,027 2,508 60,366 835 1,541 Total resources expended 49,257 62,742 Net in¢omingJ(outgoing) resources for the year 27,781 24,974 Fund balances at I September 2024 Fund balances at 31 August 2025 245,209 272,990 270,183 245,209 All funds are unrestricted and relate to continuing activities. There are no restricted funds. The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been preped. The statement of financial activitics also COLnplies with the requirements for an incorne and expenditure account under the Companies Act 2006. The notes on pages 9 - 1 I fonn part of these financial statements.
New Yatt Riding for the Disabled BALANCE SHEET AS AT 31 AUGUST 2025 Total Funds 2025 2024 Notes Fixed assets: Tangible assets 198,163 199,281 Current assets: Prepayments Debtois Cash 2,547 2,485 73.335 43,956 Total assets 274,045 245,722 Creditors: amounts falling due within one year (all accruals)) 1.055 513 Net assets 272.990 245,209 Represented by: Reserves 272,990 245,209 Tlie company is entitled to the exemption frorn the audit requirement contaiiied in section 477 of the Companies Act 2006, for the year ended 31 August 2025. No meinber of the company has deposited a notice, pursuant to sectlon 476, requiring an audit of these accounts. The directors acknowledge their responsibilities for ensuring that the company keeps accounting records whicli comply with section 3 86 of the Act and for preparing accounts which give a true and fair view of the state of affair of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure for the financial year in accordance with the requireinents of sections 394 and 395 and which otherwise comply with tlie requiretnents of tlie Companies Act 2006 relating to accounts, so far as applicable to the company. Thes¢ accounts have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. The accounts were approved by the Trustees on 16th November 2025 and are signed on their behalf by: Mls A Cripps, Cliair Dr S Einitr, Honora easurer
New Yatt Riding for the Disabled NOTES TO THE AccouNfs FOR THE YEAR ENDED 31 AUGUST 2025 l Accounting policies Basis oJAccounting The accounts hav¢ been prepared in accordance with applicable United Kingdoin Accounting Standards (United Kingdom Generally Accepted Accounting Practice), the Companies Act 2006, the Statement of Recommended Practice for "Accounting and Reporting by Charities" (SORP 2005) and the Financial Reporting Standard for Smaller Entities (2015). These financial statetnents have been prepared under the historic st convention, with the exception of freehold property and horses, which are included at revaluation values. The accounts have been prepared on a going-concern basis. These accounts cover the period from I September 2024 to 31 August 2025. Cash Flow Stateppienf The committee have taken advantage of the exemption in Financial Reporting Standard No I (revised) from including a cash flow statement in the COTnmittees' report and financial statcinents on the ground that the charity is small. Incoming Resources All incoming resources are included when receivable. Voluntary income include5 donations and grant income. Activities for generating funds includes fijiids generated from fuiidraising activities and events. Charitable activities relates to funds received from delivering riding sessions. Resoui'ces expended Expenditure is r¢cognised on an accruals basis as liabilities are incuriEd. Irrecoverable VAT is included as part of any expenditure incurred. Charitable activities include all the costs incurred in delivering the charitable activities. Costs of generating voluntary income includes those Costs associated with attracting voluntary income. Governance costs include those costs associated with meeting the constitutional and statutory requirelnents of the Charity. Tangxble assels Freehold property and horses are shown at maTket values. All othei. tangible fixed assets are included at cost except that individual items costin<F less than £1501 are written off as revenue costs as tlie expenditure is incurred. Depreciation is calculated so as to write off the cost of an asset, less its estivnated residual value, over the useful economic life of that asset. HO tack is depreciated on a straight-line basis over S years. Fixtures and fittings are nornially depreciated on a strdight-line basis over 5 years unless expected useful life is significantly different. Debiors Debtors includes fees earned from ridin(F sessions delivered and invoiced but where payment is still outstanding. Fund accoup21ing and reservespolicy Funds currently held by the Charity are unrestricted funds and are expendable at the discretion of the committee in furtherance of the objects of the charity. It is the charity's policy to maintain a casli reserve at least sufficient to meet one year's future expenditure. ' This has been increased from £100 to reflect the high rates of inflation in recent year. 10
New Yatt Riding foi the Disabled Credilors Creditors includes (¥oods and services received and invoiced before year end but where payinent is still outstandiiig and which are falling due within 12 months. There were no creditors falling due in inoi-e than 12 montlis. 2 Voluntary income 2025 2024 Donation5 Grants 20,889 25,949 46,838 11,308 1,500 12.808 3 Charitable activities 2025 2024 Feed and welfare expenses Veterinary expenses Equine and riding equipment and related expenses Site maintenance and security expenses Utilities Insurance fees Depreciation and revaluation of fIxed assets Loss on disposal of horses and equipment 5,595 4,970 766 23,696 2,089 1,537 6,068 5,823 1,923 1,022 42,426 3,529 1,465 4,178 44,721 60,366
New Yatt Riding for the Disabled 4 Tangible assets Equine and Fixtures riding and Equipment Fittings Total Freehold Property Horses Cost or Valuation Brought forward I September 2024 Additions Disposals Carried fonvard 31 Auglt 2025 168,000 16,300 6,768 419 31,580 222,648 4,531 4,950 168,000 16,300 7,187 36.111 227,598 DepreciatioDIRevaluation Brought forward I September 2024 Charge foT the year Disposals Carried forward 31 August 2025 2,530 1,437 20,837 3,731 23,367 6,068 900, 900 3.967 24.568 29,435 Net Book value At 31 August 2025 168,000 15,400 3,220 11,543 198,163 At I September 2024 168,000 16,300 4,238 10,743 199,281 5 Stsff costs The charity had no employees during the year. No travel expenses were paid to the Trustees during the year. Trustees are re-imbursed for pre-authorised expenditure incurred on iteins necessary for tli¢ charitabl¢ activities. Revaluation of the ponies is due to a reduction in market values due to an aoeiJ)g herd. 12