REGISTERED COMPANY NUMBER: 09035744 (England and Wales)
REGISTERED CHARITY NUMBER: 1161306
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 May 2022
for
Park Lane Stables RDA
Brewers Chartered Accountants
Bourne House
Queen Street
Gomshall
Surrey
GU5 9LY
Park Lane Stables RDA
Contents of the Financial Statements
for the Year Ended 31 May 2022
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Page |
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Report of the Trustees |
1 |
to |
4 |
Independent Examiner's Report |
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5 |
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Statement of Financial Activities |
|
6 |
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Balance Sheet |
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7 |
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Notes to the Financial Statements |
8 |
to |
13 |
Park Lane Stables RDA
Report of the Trustees for the Year Ended 31 May 2022
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,present their
reportwiththefinancialstatementsofthecharityfortheyearended31May2022.Thetrusteeshave adopted
theprovisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicable to
charitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableinthe UK
and Republic of Ireland (FRS 102) (effective 1 January 2019).
Our Vision
ParkLaneStablesRDAisaplaceofkindness,wherehorseshelppeopleandpeoplehelphorses, and
everyone leaves happier than when they arrived.
OBJECTIVES AND ACTIVITIES
Objectives and aims
Weareanaward-winningRidingforTheDisabledGroupbasedinSouthwestLondonofferingequine therapy:
riding,carriagedriving,hippotherapyandstableyardactivitiestohundredsofchildrenandadults with
physical,sensoryandlearningdisabilities,plusthosewithmentalhealthissuesandthosefrom disadvantaged
backgrounds, to improve their mental and physical wellbeing.
Horseriding,orindeedjustbeingnearhorses,isproventobehighlytherapeuticforaperson'sphysical and
mental wellbeing.
ParkLaneStablesRDA,basedinTeddington,intheLondonBoroughofRichmonduponThames,isa friendly
andinclusiveRidingfortheDisabledAssociationgroup,offeringlocalchildrenandadultswithawide and
complexrangeofphysical,sensoryandlearningdisabilitiesandmentalhealthneedstheopportunityto ride
and care for horses and ponies in a safe and nurturing environment.
The Group's objectives uphold the RDA ethos, "It's what you CAN do that counts":
-Tomakeapositiveandtangibledifferencetodisabledperson'sfitness,corestrength,balance, confidence,
communication skills, enjoyment and general well-being through being with and/or riding horses.
-Topromoteinclusivityandpositivelyencourageparticipantstoachievesuccessandmaximisetheir potential
withina safeandsupportiveenvironment-whetherthatisjustlearningtosteera ponyunaided,ortaking part
inadditionalactivitiessuchasPonyClub,orcompetingathorseshows,sponsoredridesandlocalor national
competitions.
-Toputtheparticipantfirstandneverstopchallengingourselvestoimprovetheserviceandexperience we
offerthroughnewpioneeringinitiativesandprojectstomeettheever-changingneedsanddemandsof our
clients.
Page 1
Park Lane Stables RDA
Report of the Trustees for the Year Ended 31 May 2022
OBJECTIVES AND ACTIVITIES
Significant activities
ThehorsesandponiesatParkLanearekind,honestandsteady,andarecarefullyselectedandtrained to
ensuretheyaresuitableforRDA riders.All sessionsarefacilitatedby qualifiedcoachesand/or physiotherapists.
WithallTrustees,colleaguesandvolunteersbeingreferencedandDBS-checkedasappropriate.Inthemain it
isourvolunteers(who leadtheponiesand/orsidewalk),makesureparticipantshaveallthesupportthey need
to achieve great things in a safe and nurturing environment.
When riding was not permitted (Covid 19) or when not possible, activities include:
- Pony Visits to hospitals, schools, care homes and people's homes.
-Wellies&Wellbeingsessions-allowingthosewhowouldbenefitfromtimewithaponyforcuddles, grooming
and some yard activities to improve their mental and physical wellbeing.
- Cuddle Pony at the stable door - available to passers-by every day during lockdown.
-Buddy-Upscheme-participantsfeelingisolatedwerebuddiedupwithavolunteertogofora socially
distanced walk in Bushy Park
- Unmounted RDA/Pony Club sessions (limited numbers)
When riding was permitted and participants are able to do so:
-RidinginBushyPark-initiallylimitedtothosewhocouldrideindependently(orwithatrainedfamily member
in their bubble leading). Subsequently to this period Ham Common and surrounding areas.
-RDAridingsessionsinBushyParkwithaside-walker/leaderoncerestrictionsliftedon30March2021 (with
CovidRiskAssessmentandguidelinesinplace).SubsequentlytothisperiodHamCommonand surrounding
areas.
Review of the year
ParkLaneStablesmovedfromitshomeinTeddingtontoitstemporarynewhomeatManorFarmin Petersham
TW10on1June2021.Forthefirstmonthinthenewvenue,activitieswerelimitedduetoCovid-19 restrictions
and we were unable to operate fully until we had acquired a new licence.
However,oncetheseissueswereresolved,thenewvenueenabledustoexpandourprovision- offering
regularweeklyactivitiestovariousSENschools,charitiesandcommunitygroups.Asaresult,wewereable to
doublethenumberofparticipantsaccessingourservicesthisyear(comparedtopre-Covidrecords) and
significantly increase the number of sessions/activities.
Therewere687participantsin2021-22.TheprevioustwoyearswereaffectedbyCovidwithonly 263
participants in 2020-21 and 266 in 2019-20. Our pre-Covid participant record was 346 participants in 2018-19
.
Webroadenedourparticipationcriteriatoinclude,notjustthosewithdisabilities,butalsothose'inneed' e.g.
young carers, those with mental health issues, those from socially disadvantaged backgrounds etc.
Inall,weran4023sessionsin2021-22.Ifwecomparethiswithourpre-Covidactivities(2937sessionsin 2018-19),
this represents a 37% increase in activities/sessions something the team and trustees are hugely proud about.
Wealsosawasignificantincreaseincarriagedrivingparticipationin2021-22with111participantsand 270
sessions.Duringthetwopreviousyearstherehadonlybeen25carriagedrivingparticipants.RDA sessions did
notbeginuntilOctober2021dueRDACovidrestrictions,however,wewereabletooffercarriagerides to
non-disabledvisitorsfromRichmonduponThamesSchoolinJuly.Oneofourparticipantsqualifiedforthe RDA
RegionalChampionshipsandParkLaneStablesalsowontheCarriageDrivingDisabledGroupofthe Year
Award 2022.
In May 2022 our volunteers were awarded The Queen's Award for Voluntary Service.
Page 2
Park Lane Stables RDA
Report of the Trustees for the Year Ended 31 May 2022
OBJECTIVES AND ACTIVITIES
Public benefit
Inshapingtheobjectivesfortheyearandplanningtheactivities,thetrusteeshaveconsideredthe Charity
Commission's guidance on public benefit, including the guidance on public benefit and fee charging.
Volunteers
AllRDAVolunteersundergoavigorousrecruitmentprocesswhichincludes:twosatisfactoryreferences, an
enhanced DBS check (if aged 16 or over) and Green Card training before they start volunteering.
TheSaveOurStablesCampaignresultedinover150enquiriesfrompeoplewhowantedtobecome a
volunteerassoonasthestablesreopenedpostcovidintheSpringof2021.We knew(fromthenumberof new
enquirersonourWaitingList)thatwewouldneedmanynewofvolunteersinordertocopewiththe demand,
sowebegana recruitmentdrive.DuringApril andMay2021,wetrained30newvolunteers(and subsequently,
between June and November 2021, we have trained another 60 new volunteers).
ACHIEVEMENT AND PERFORMANCE Charitable activities Save Our Stables Campaign
InDecember2020theownerandlandlordoftheParkLanepremisesinTeddingtongaveuswritten notice,
statingthatourleasewasnotgoingtoberenewedashewishedtoselltheproperty.Ifwecouldnotraise the
moneytobuytheproperty,thenwewouldhavetoleavethepremiseson31May2021,beingtheenddate of
our lease.
OnNewYear'sEveofDecember2020,welaunchedourSaveOurStables(SOS)Campaign via
Crowdfunder.comwiththeseeminglyimpossibletargetofneedingtoraiseatleast£1Mindonationsby 25
February2021.Miraculously,by18February2021wehadraisedaroundhalfamillionpounds,whichwas an
unbelievablefeat,butifwedidnotachievethe£1Mtargetby thedeadlineof25February,our"All or Nothing"
Campaignmeantthatallpledgeshadtobereturned.Then,on19February2021,BBCBreakfastrana long
featureintroducedbyRobBrydonaboutthestablesandtheimportantworkwedo,preandduring the
pandemic.ABBCfilmcrewcametothestablestointerviewNatalieO'Rourkeourfounderand current
ManagingDirectoranda selectionofourparticipants.Inordertomeetourhorsesandwithinthirtyminutes we
hadmeltedthenation'sheartsandthedonationscamefloodinginfromallovertheworld.We exceeded our
£1Mtargetwhilststillonair,sothecameracrewcamebacktothestablestocelebratethe fantastic
outcome.
Wethenexperiencedaperiodofuncertaintyandsomewhatofarollercoasterridewithourappointed legal
teamandTrusteestryingtonegotiatethepurchaseoftheTeddingtonproperty.Itwasnotaneasy process.
We werehopingtohavepurchasedthestablesbeforeourleaseexpiredbutthiswasnottobe,soon31 May
2021wevacatedParkLaneandmovedtoourincrediblenewtemporarylocationofManorFarminHam. The
TeddingtonstablesandconnectedpremiseswerefinallypurchasedinDecember2021.Beforewe returned
thetrusteesrecognisedthatthepremisesrequireda significantdegreeofrefurbishmentbeforewecould take
occupation.Whichwouldrequireplanningand publicconsultation.Thisremainson-going.Thetrusteeshope to
be able to return to Teddington in late 2023 or early 2024 subject to planning, costing and building.
OurlovelytemporarynewhomeatManorFarminHam,isstillwithintheLondonBoroughofRichmond,so not
toofarforourparticipantstotravelto.ThefacilitiesatManorFarmarefantastic,soithasgivenusa perfect
base to continue our work whilst the purchase and refurbishment of the Teddington property is ongoing.
Page 3
Park Lane Stables RDA
Report of the Trustees
for the Year Ended 31 May 2022
ACHIEVEMENT AND PERFORMANCE
Our Trustees
2020-21wasayearofupheavalandseismicchangeforthecharity.InFebruary2021,ParkLane Stables
changedfrombeingasmallcharitywhichonoccasionsstruggledtosurvivefinancially.Tooneofthe most
well-knownandindemandcharitiesintheUK.Withover£1.3Mindonationsbeingreceived(pregiftaid) from
thesuccessfulcampaign.Asaresult,thecorporaterequirementsoftheCharityandTrustees increased
significantly.Withchangesneedingtotakeplaceinordertoreflectthelevelofexpertisethatwas now
required to take the charity forward.
Invitedguestsspecialisinginbusiness,law,marketingandcommunicationsjoinedourTrusteeMeetings from
March2021toseethroughthepurchaseoftheParkLane,Teddingtonpremisesandassociated fundraising,
communicationsandbusinesscontinuityissuesthatarose.Subsequently,someofthesespecialistshave now
becomeTrusteesofthecharity:NeilRodford,PaulBaines,RachelMaund(whoresignedon20th December
2022) and Ruth Kelly.
Wesaidfarewelltotwolong-standingTrustees:RichardSharpinApril2021andJayneEllisinJuly2021and we
wouldliketothankthemforalltheirhardworkanddedicationtoParkLaneStablesoverthemanyyears they
supported the charity.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
Thecharityiscontrolledbyitsgoverningdocuments,adeedoftrust,andconstitutesalimited company,
limited by guarantee, as defined by the Companies Act 2006, incorporated in May 2014.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
09035744 (England and Wales)
Registered Charity number
1161306
Registered office
Petersham Road
Richmond
TW10 7AH
Trustees
Trustees |
|
|
NJ Rodford |
appointed 11.08.21 |
|
RM Kelly |
appointed 25.08.21 |
|
JP Prayag |
appointed 11.08.21 |
|
PM Baines |
appointed 11.08.21 |
|
K Dillon |
appointed 01.11.15 |
|
J E Mawer |
appointed 01.03.14 |
|
R Maud |
appointed 25.08.21 |
resigned 20.12.22 |
Independent Examiner
Brewers Chartered Accountants
Bourne House
Queen Street
Gomshall
Surrey
GU5 9LY
Approved by order of the board of trustees on 28 February 2023 and signed on its behalf by:
N Rodford - Trustee
Page 4
Independent Examiner's Report to the Trustees of
Park Lane Stables RDA
Independent examiner's report to the trustees of Park Lane Stables RDA ('the Company')
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
31 May 2022.
Responsibilities and basis of report
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are
responsibleforthepreparationoftheaccountsinaccordancewiththerequirementsoftheCompanies Act
2006 ('the 2006 Act').
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16of the
2006Act andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyour charity's
accountsascarriedoutunderSection145oftheCharitiesAct2011('the2011Act').Incarryingout my
examinationIhavefollowedtheDirectionsgivenbytheCharityCommissionunderSection145(5)(b)of the
2011 Act.
Independent examiner's statement
Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbea memberofa listedbody.I can
confirmthatIamqualifiedtoundertaketheexaminationbecauseIamaregisteredmemberofICAEW which
is one of the listed bodies.
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnection with
the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required 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 view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting 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)).
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
A M Skilton
ICAEW
Brewers Chartered Accountants
Bourne House
Queen Street
Gomshall
Surrey
GU5 9LY
28 February 2023
Page 5
Park Lane Stables RDA
Statement of Financial Activities
for the Year Ended 31 May 2022
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Charitable
Other trading activities
2
Investment income
3
Total
EXPENDITURE ON
Charitable activities
Charitable
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD |
Unrestricted
fund
£
231,211
29,350
20,403
130
281,094
363,858
(82,764)
323,582
240,818 |
Restricted
funds
£
-
-
-
-
-
13,171
(13,171)
1,446,747
1,433,576 |
31.5.22
31.5.21
Total
Total
funds
funds
£
£
231,211
1,689,699
29,350
61,536
20,403
118,485
130
6
281,094
1,869,726
377,029
146,705
(95,935)
1,723,021
1,770,329
47,308
1,674,394
1,770,329 |
|
|
|
|
The notes form part of these financial statements
Page 6
Park Lane Stables RDA
Balance Sheet
31 May 2022
Notes
FIXED ASSETS
Tangible assets
8
CURRENT ASSETS
Debtors
9
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
10
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
11
Unrestricted funds
Restricted funds
TOTAL FUNDS |
Unrestricted
fund
£
36,760
2,645
217,704
220,349
(16,291)
204,058
240,818
240,818 |
Restricted
funds
£
1,202,617
-
230,959
230,959
-
230,959
1,433,576
1,433,576 |
31.5.22
Total
funds
£
1,239,377
2,645
448,663
451,308
(16,291)
435,017
1,674,394
1,674,394
240,818
1,433,576
1,674,394 |
31.5.21
Total
funds
£
1,688
254,919
1,518,753
1,773,672
(5,031)
1,768,641
1,770,329
1,770,329
323,582
1,446,747
1,770,329 |
|
|
|
|
|
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct 2006 for
the year ended 31 May 2022.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 May 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable
companies subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon28February 2023
and were signed on its behalf by:
N Rodford - Trustee
The notes form part of these financial statements
Page 7
Park Lane Stables RDA
Notes to the Financial Statements
for the Year Ended 31 May 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102,
havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReporting by
Charities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in
accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland (FRS
102)(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCompaniesAct2006.Thefinancial statements
have been prepared under the historical cost convention.
Income
All incomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementto the
funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswill be
requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is
accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost
relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have
been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetoverits estimated
useful life.
Freehold property- NIL
Short leasehold- Period of lease
Plant and machinery- 20% on cost
Computer equipment- 25% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted
purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
Hire purchase and leasing commitments
RentalspaidunderoperatingleasesarechargedtotheStatementofFinancialActivitiesona straight
line basis over the period of the lease.
Pension costs and other post-retirement benefits
Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayable to
thecharitablecompany'spensionschemearechargedtotheStatementofFinancialActivitiesin the
period to which they relate.
continued...
Page 8
Park Lane Stables RDA
Notes to the Financial Statements - continued for the Year Ended 31 May 2022
2. OTHER TRADING ACTIVITIES
Fundraising events
Sponsorships
INVESTMENT INCOME
Deposit account interest
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Auditors' remuneration 2021
Depreciation - owned assets
Other operating leases
Independent examination |
31.5.22
£
16,803
3,600
20,403
31.5.22
£
130
31.5.22
£
3,600
11,162
59,350
2,400 |
31.5.21
£
117,600
885 |
|
|
118,485 |
|
|
31.5.21
£
6
31.5.21
£
3,800
10,437
29,012
- |
3. INVESTMENT INCOME
4. NET INCOME/(EXPENDITURE)
5. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31May2022norforthe year
ended 31 May 2021.
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended31May2022norfortheyear ended
31 May 2021.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
Staff
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Charitable
Other trading activities
Investment income
Total |
Unrestricted
fund
£
243,702
49,662
118,485
6
411,855 |
31.5.22
9
Restricted
funds
£
1,445,997
11,874
-
-
1,457,871 |
31.5.21
9
Total
funds
£
1,689,699
61,536
118,485
6 |
|
|
|
1,869,726 |
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
continued...
Page 9
Park Lane Stables RDA
Notes to the Financial Statements - continued
for the Year Ended 31 May 2022
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
EXPENDITURE ON
Charitable activities
Charitable
NET INCOME
Transfers between funds
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
8.
TANGIBLE FIXED ASSETS
Freehold
property
£
COST
At 1 June 2021
-
Additions
1,201,867
At 31 May 2022
1,201,867
DEPRECIATION
At 1 June 2021
-
Charge for year
-
At 31 May 2022
-
NET BOOK VALUE
At 31 May 2022
1,201,867
At 31 May 2021
- |
Short
leasehold
£
15,000
-
15,000
15,000
-
15,000
-
- |
|
Unrestricted
fund
£
135,581
276,274
2,900
279,174
44,408
323,582
Plant and
machinery
£
9,430
46,284
55,714
7,742
10,987
18,729
36,985
1,688 |
|
Restricted
funds
£
11,124
1,446,747
(2,900)
1,443,847
2,900
1,446,747
Computer
equipment
£
-
700
700
-
175
175
525
- |
|
Total
funds
£
146,705 |
|
|
|
|
|
|
|
1,723,021
- |
|
|
|
|
|
|
|
1,723,021
47,308 |
|
|
|
|
|
|
|
1,770,329 |
|
|
|
|
|
|
|
Totals
£
24,430
1,248,851
1,273,281
22,742
11,162
33,904
1,239,377
1,688 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ThefreeholdpropertystablesandconnectedpremisesatTeddingtonwerepurchasedin December
2021.
9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Gift Aid tax recovery
Prepayments |
31.5.22
31.5.21
£
£
180
32
-
252,422
2,465
2,465
2,645
254,919 |
|
|
continued...
Page 10
Park Lane Stables RDA
Notes to the Financial Statements - continued for the Year Ended 31 May 2022
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Other creditors
Accrued expenses
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
RDA re horses
Property account
TOTAL FUNDS |
At 1.6.21
£
323,582
750
1,445,997
1,446,747
1,770,329 |
31.5.22
£
2,007
2,266
361
11,657
16,291
Net
movement
in funds
£
(82,764)
-
(13,171)
(13,171)
(95,935) |
31.5.21
£
-
85
66
4,880
5,031
At
31.5.22
£
240,818
750
1,432,826 |
|
|
|
1,433,576 |
|
|
|
1,674,394 |
11.MOVEMENT IN FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Property account
TOTAL FUNDS |
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
281,094
(363,858)
(82,764)
-
(13,171)
(13,171)
281,094
(377,029)
(95,935) |
|
|
continued...
Page 11
Park Lane Stables RDA
Notes to the Financial Statements - continued
for the Year Ended 31 May 2022
11. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
LBRUT Civic Pride Fund
Tesco Bags of Help
RDA re horses
Property account
TOTAL FUNDS |
At 1.6.20
£
44,408
1,900
1,000
-
-
2,900
47,308 |
Net
movement
in funds
£
276,274
-
-
750
1,445,997
1,446,747
1,723,021 |
Transfers
between
funds
£
2,900
(1,900)
(1,000)
-
-
(2,900)
- |
At
31.5.21
£
323,582
-
-
750
1,445,997 |
|
|
|
|
1,446,747 |
|
|
|
|
1,770,329 |
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Tesco Bags of Help
RDA re horses
Property account
National Lottery Covid response
TOTAL FUNDS |
Incoming
resources
£
411,855
750
1,125
1,445,997
9,999
1,457,871
1,869,726 |
Resources
expended
£
(135,581)
(750)
(375)
-
(9,999)
(11,124)
(146,705) |
Movement
in funds
£
276,274
-
750
1,445,997
-
1,446,747
1,723,021 |
|
|
|
|
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
Restricted funds
LBRUT Civic Pride Fund
Tesco Bags of Help
RDA re horses
Property account
TOTAL FUNDS |
At 1.6.20
£
44,408
1,900
1,000
-
-
2,900
47,308 |
Net
movement
in funds
£
193,510
-
-
750
1,432,826
1,433,576
1,627,086 |
Transfers
between
funds
£
2,900
(1,900)
(1,000)
-
-
(2,900)
- |
At
31.5.22
£
240,818
-
-
750
1,432,826 |
|
|
|
|
1,433,576 |
|
|
|
|
1,674,394 |
continued...
Page 12
Park Lane Stables RDA
Notes to the Financial Statements - continued
for the Year Ended 31 May 2022
11. MOVEMENT IN FUNDS - continued
A currentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedin the
above are as follows:
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
692,949 |
(499,439) |
193,510 |
Restricted funds |
|
|
|
Tesco Bags of Help |
750 |
(750) |
- |
RDA re horses |
1,125 |
(375) |
750 |
Property account |
1,445,997 |
(13,171) |
1,432,826 |
National Lottery Covid response |
9,999 |
(9,999) |
- |
|
1,457,871 |
(24,295) |
1,433,576 |
TOTAL FUNDS |
2,150,820 |
(523,734) |
1,627,086 |
12. RELATED PARTY DISCLOSURES
Thecharitymadepaymentsintheyearto31May2022tovariouspartiesrelatedtothe trustees
amounting to £10,523 for services rendered.
Page 13