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|CONTENTS|Page|
|---|---|
|ADMINISTRATIVE
INFORMATION||
|REPORT OF THE TRUSTEES|2-8|
|INDEPENDENT
EXAMINER'S REPORT TO THE TRLISTEES|19|
|STATEMENT OF FINANCIAL
ACTIVITIES|10|
|BALANCE SHEET|11 - 12|
|NOTES TO THE FINANCIAL STATEMENTS|13-27|
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|Charity|Number|Number|Number||||'I160676||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Company||Registration|||Number||09080110||||||||||
|Registered|||and|Administrative||Office|Jackie Brutton
Riding School||||||||||
||||||||Prestbury
Park Racecourse||||||||||
||||||||Cheltenham||||||||||
||||||||Gloucestershire||||||||||
||||||||G!.50 4SH||||||||||
|Company||Secretary|||||B M Adams||||||||||
|Trustees|||||||B M Adams||||||||||
||||||||L M C Baker||||||||||
||||||||J Cockwill (resigned||20|October 2021)|||||||
||||||||H Formby (resigned'28|||February 2022)|||||||
||||||||M Ryan —Treasurer||(appointed|||||14 Miarch 2022)|||
||||||||J McNeili-Wilson||||||||||
||||||||Mrs C Mainstone|(resigned||||20||October 2021)|||
||||||||J Porter (resigned|20 October 2021)|||||||||
||||||||D Smith
—Chairman||||||||||
||||||||Laura Brookes (appointed|||||20 October 2021)|||||
||||||||Lynne Pardoe (appointed||||20||October 2021)||||
||||||||Melanic Pomfret|(appointed||||20||October 2021)|||
||||||||All Trustees served||throughout|||||the year unless|||
||||||||otherwise
noted||||||||||
|Key Management||||Personnel|||Lesley Gorton —General||||Manager||||(appointed|1|
||||||||October 2021)||||||||||
||||||||Claire Jenkins —General||||Manager||||(resigned|1|
||||||||October 2021)||||||||||
||||||||Debbie Powell —Operations||||||Manager||||
||||||||The Trustees listed||above||||||||
|Independ|en|t|Exarnmer||||lvlr S Lawrence||||||||||
||||||||Haziewoods
LLP||||||||||
||||||||Windsor House||||||||||
||||||||Bayshill Road||||||||||
||||||||Cheltenham||||||||||
||||||||Gloucestershire||||||||||
||||||||GL50 3AT||||||||||
|Bankers|||||||Lloyds Bank Pic||||||||||
||||||||Business Banking||||||||||
||||||||P O Box1000||||||||||
||||||||BX11LT||||||||||
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|Our key donors
in|this financial year included:|this financial year included:||
|---|---|---|---|
|Legacy in memory|of Bnan William Herbert||6150,000|
|Children
In Need|||630,105|
|Jane Rook|||630,000|
|The Peter O'Sullevan
Charitable||Trust|612,675|
|Nationwide|||F8,502|
|Winchcornbe
Young Farmers|||E1,250|
|Riding for the Disabled Association|||E1,000|
|McFarland
Walker|Trust||61,000|
|D G Albright Trust|||61,000|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
|||Notes|Funds|Funds
f|2022
f|2021
f|
|Income|||||||
|Donations
and legacies||3|252,687|52,282|304,969|244,602|
|Charitable
activities||4|74,248||74,248|17,805|
|Other fundraising|activities|5|21,117||21 117|19646|
|Investment
income||6|614||614|67|
|Total Income|||348,666|52,282|400,948|282,120|
|Expenditure|||||||
|Raising funds||7|(4,858)||(4,858)|(1,722)|
|Charitable
expenditure||8|(216,481)|(30,105)|(246,586)|(220,101)|
|Total expenditure|||(221,339)|(30,105)|(251,444)|(221,823)|
|Net income i(expenditure)|||127,327|22,177|149,504|60,297|
|Transfer between|funds|15|1,268|(1,268)|||
|Net movement
in funds|||'l28,595|20,909|149,504|60,297|
|Total funds brought|forward||646,951|30,420|677,371|617,074|
|Total funds carried|forward|15 8I 16|775,546|51,329|826,875|677,371|
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||||2022|2021|
|---|---|---|---|---|
|||Notes|6|6|
|FIXEDASSETS|||||
|Investments||11|1||
|Tangible assets||12|377,305|407,368|
||||377,306|407,368|
|CURRENT ASSETS|||||
|Debtors||13|93,069|13,216|
|Stock|||1,615|2,084|
|Cash at bank and|in hand||374,008|268,487|
||||468,692|263,787|
|LIABILITIES|||||
|Creditors:
amounts
due within one year||14|(19,123)|(13,784)|
|NET CURRENT ASSETS|||449,569|270,003|
|TOTAL NET ASSETS|||826,875|677,371|
|THE FUNDS OF THE CHARITY|||||
|Restricted funds||17|51,329|30,420|
|Unrestricted
funds||16|525,546|546,951|
|Designated
funds||16|250,000|100,000|
|TOTAl
FUNDS||15|826,875|677,371|
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|2022|2021|
|||6||6|6|
|Doriations
and|Legacies|||||
|Legacies and funeral bequests||152,639||152,639|1,077|
|Donations||95,208||95,208|37,082|
|Trust & Grants|as donations|4,840||4,840|155,126|
|Other income||||||
|Restricted
income|||52,282|52,282|51,317|
|Total voluntary|income|252,687|52,282|304,969|244,602|
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|INCOME FROM CHARITA|BLE ACTIVITIES||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||Funds|Fundsf|2022f|2021|
|Lesson Income|55,418||55,418|15,144|
|Use ofSchool|18,329||18,329|2,661|
|CRDA Shows|501||501||
||74,248||74,248|17,805|
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||Fundsf|2022f|2021f|
|Fund raising|events||3,781|3,781|365|
|Fund raising|trading|income|4,352|4,352|2,200|
|Membership|income||956|956|492|
|Other Income|||11,543|11,543|15,597|
|Pony Sponsorship|||485|485|992|
||||21,'l17|21,117|19,646|
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||Fundsf|2022f|2021f|
|Bank savings account||239|239|67|
|Subsidiary|loan interest|375|375||
|||614|614|67|
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|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||Funds
f|2022
f|2021|
|Costs
Fund|ofgenerating
raising|voluntary|income|2,798
2,060|2,798
2,060|1,093
629|
|||||4,858|4,858|1,722|
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|CHARITABLE|EXPENDITUR|E||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||Funds|Fundsf|2022f|2021f|
|Pony costs
Health
8 Safety||27,331
1,639||27,331
1,639|16,182
522|
|Establishment|costs|10,624||10,624|10,357|
|Travel &Transport||285||285|29|
|Depreciation||40,095||40,095|43,037|
|Salaries||94,113|30,105|'124,218|118,080|
|Insurance||6,768||6,768|6,741|
|Office costs||11,109||11,109|10,339|
|Professional fees||6,964||6,964|8,097|
|Support costs||17,553||17,553|6,717|
|||216,481|30,105|246,586|220,101|
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|NET INCOI|IE FOR THE YEAR|||
|---|---|---|---|
|||2022|2021f|
|Net income|is stated after charging:|||
|Depreciation||40,095|43,037|
|Independent|Examiner's fee|3,440|2,580|
|Operating
lease rentals —land and buildings||1|1|
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|10|EMPLOYEES|||
|---|---|---|---|
|||2022|2021|
|||E|E|
||Wages and salaries
Other staff costs|124,218|118,080
109|
|||124,218|118,189|
|EIIPLOYEES BYACTIVITY|EIIPLOYEES BYACTIVITY|||
|---|---|---|---|
|||2022|2021|
|||Number|Number|
|Charitable|activities|||
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|11
INVESTMSNTS|11
INVESTMSNTS|||
|---|---|---|---|
|||2022|2021|
||||8|
|Investments|in subsidiaries|||
|Subsidiaries||||
|Cost||||
|At 1 April 2022||||
|Additions||||
|Disposals||||
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|class of|share capita|l are as follows;||||||
|---|---|---|---|---|---|---|---|
|||||||Proportion|ofshares held|
|Undertaking||Registered|office||Shareholding|2021|2022|
|Cotswold|RDA|Jackie Srutton||Riding|Ordinary|100'%%d||
|Trading|Limited|School, Cheltenham||||||
|||Racecourse,||Cheitenham,||||
|||GL504SH||||||
|year ended 31 March 2022, the activities|and results of Cotswold
RDA Trading|Limited w|
|---|---|---|
||2022|2021|
||8||
|Turnover|43,758||
|Otherincorne|5,300||
|Staff costs|(27,99{)||
|Other charges|(44,125)||
|(Loss) I profit after tsx|(23,058)||
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|March 2022, Cotswol|d
RDA Trading
Limited
h|ad the following as|sets and liabiliti|es:|
|---|---|---|---|---|
||||2022|2021|
||||E|E|
|Fixed assets|||13,855||
|Current assets|||42,359||
|Creditors: amounts|due within one year||(79,271)||
|Capital and reserves|||(23,057)||
|TANGIBLE FIXEDASSETS|||||
|||Freehold|||
|||Land snd|||
|||Buildings|Equipment|Total|
|||6|6||
|Cost or valuation|||||
|At 1 April 2021||463,877|125,252|589,129|
|Addifions||5,621|4,411|10,032|
|Disposals|||||
|At 31 March 2022||469,498|129,663|599,161|
|Depreciation|||||
|At 1 April 2021||102,137|79,624|181,76'I|
|Charge for the year||28,388|11,707|40,095|
|Eliminated
on disposal|||||
|At 31 March 2022||130;525|9'I,331|221,856|
|Net book value|||||
|At 31 March 2022||338,973|38,332|377,305|
|At 1 April 2021||361,740|45,628|407,368|
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|13|DEBTORS|||||
|---|---|---|---|---|---|
|||||2022|2021|
||Trade debtors|||10,166|2,510|
||Amounts
owed by group undertakings
Prepayments
and accrued income|||70,334
12,569|10,706|
|||||93,069|13,216|
|14|CREDITORS:|AMOUNT|FALLING DUE WITMIN ONE YEAR|||
|||||2022|2021|
|||||5|6|
||Trade creditors|||9,854|3,933|
||Other creditors|||4,383|2,074|
||Accruals|||4,886|7,777|
|||||19,123|13,784|
|ANALY|SIS O|F NET ASSETS BETW|EEN FUNDING|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||Funds|Funds|Funds|
||||5|8|2|
|Fund balances||at 31 March 2022||||
|as presented||by:||||
|Tangible
Current|fixed assets
assets||377,306
417,363|51,329|377,306
468,692|
|Current|liabilities||(19,123)||(19,123)|
||||775,546|51,329|826,875|
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||||At||||Transfer|At|
|---|---|---|---|---|---|---|---|---|
||||1 April||||from|31 illlarch|
||||2021
f|Income|Expenditure||Restrictedf|2022f|
|General|Fund||646,951|348,666|(221,339)||1,268|775,546|
||||646,951|348,666|(221,339)||1,268|775,546|
|Comparative||information|||||||
||||At||||Transfer|At|
||||1 April||||from|31 March|
||||2020f|Income
f|Expenditure|f|Restricted
f|2021
f|
|General|Fund||586,834|230,803|('(76,598)||5,912|646,951|
||||586,834|230,803|(176,598)||5,912|646,951|
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|||||At|||Transfer|At|
|---|---|---|---|---|---|---|---|---|
|||||1 April|||to|31 March|
|||||2021|Income|Expenditure|Unrestricted|2022|
||||||6|S|F|6|
|Fund|1||||||||
|Ponies|||||1,000|||1,000|
|Fund|3||||||||
|Children
Fund 5||in|Need Program||30,105|(30,105)|||
|Stables||||28,567||||28,567|
|Fund|6||||||||
|Sensory||Walk||595|||||
|Fund|7||||||||
|Tack & Equipment||||578||||578|
|Fund|9||||||||
|IVlechanical|||Horse service|500||||500|
|Fund|16||||||||
|Peaceful||pony paddock||180||||180|
|Fund|20||||||||
|Arena|Sound System||||8,502|||8,502|
|Fund|21||||||||
|Arena|Resurfacing||||12,675||(1,268)|11,407|
|||||30,420|52,282|(30,105)|(1,268)|51,329|
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|Compa|rat|ive|information||||||
|---|---|---|---|---|---|---|---|---|
|||||At|||Transfer|At|
|||||1 April|||to|31 March|
|||||2020
8|income|Expenditure
6|Unrestricted
6|2021|
|Fund|1||||||||
|Ponies|||||||||
|Fund|3||||||||
|Children||in Need Program|||30,105|(30,105)|||
|Fund|4||||||||
|Groom|Salary||||10,000|(10,000)|||
|Fund|5||||||||
|Stables||||28,567||||28,567|
|Fund|6||||||||
|Sensory Walk||||595||||595|
|Fund|7||||||||
|Tack & Equipment||||578||||578|
|Fund|8||||||||
|Pony Costs|||||||||
|Fund|9||||||||
|Mechanical|||Horse service|500||||500|
|Fund|13||||||||
|Field Shelter|||||4,912||(4,912)||
|Fund|14||||||||
|Hats and||silks|||1,700|(1,700)|||
|Fund|15||||||||
|Gates|and fencing||||300|(300)|||
|Fund|16||||||||
|Peaceful||pony paddock|||'l,000|(820)||180|
|Fund|17||||||||
|Vets and||farriers|||300|(300)|||
|Fund|18||||||||
|Barrow|||||'l,000||(1,000)||
|Fund|19||||||||
|CRM system|||||2,000|(2,000)|||
|||||30,240|51,317|(45,225)|(5,912)|30,420|
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|||||2022|2021|
|---|---|---|---|---|---|
|||||6|6|
|Building||||||
|Within|one year|||1||
|With one to two||years1||1||
|Within|two and|five years||3|3|
|Over|five years|||10|11|
|||||15|16|
|||||2022|2021f|
|Other||||||
|Within|one year|||409|409|
|With one to two||years||409|409|
|Within|two and|five years||512|922|
|Over|five years|||||
|||||1,330|1,740|
|Commitments||undertaken|on behalf ofsubsidiary|||
|Within|one year|||22,200||
|With one to two||years||22,200||
|Within|hvo and|five years||66,600||
|Over|five years|||7,400||
|||||118,400||
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