2024-05-31-accounts - Park Lane Stables Rda

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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 2024

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 2024`

		`Page`
`Report of the Trustees`	`1`	`to`	`5`
`Independent Examiner's Report`		`6`
`Statement of Financial Activities`		`7`
`Balance Sheet`		`8`
`Notes to the Financial Statements`	`9`	`to`	`13`
`Detailed Statement of Financial Activities`	`14`	`to`	`15`

Park Lane Stables RDA

`Report of the Trustees for the Year Ended 31 May 2024`

ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,present their
reportwiththefinancialstatementsofthecharityfortheyearended31May2024.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 and seeking to reach those we currently do not serve.

Page 1

Park Lane Stables RDA

`Report of the Trustees for the Year Ended 31 May 2024`

`OBJECTIVES AND ACTIVITIES`

`Caring for our Disabled Users and our Horses`

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.

`Activities include:`

Horse riding RDA sessions for groups and individuals on Ham Common and surrounding parkland
Carriage Driving
Equine therapy sessions with a qualified counsellor
Stable management and yard activities including wellbeing sessions enabled by volunteers who have
qualified as an activity leader
Tea with a Pony
Pony visits to schools and care homes
Pony Club activities including Summer Camp
Participation in RDA competitions and activities

`Review of the year`

`Summer 2023-Summer 2024`

ParkLaneStablesoperatedfortheentireyearfromitstemporaryhomeatManorFarminPetersham TW10
whilst we carried out the Teddington refurbishment project described in more detail below.

Inspiteofthedifficultweatherconditionsthroughthewinter,therewereover1,000participantsduring the
year,demonstratingboththedemandforourprovisionandthebreadthofdisabilitiesandrelatedneeds for
whichwehavebeenabletocater.Itwasalsosignificantthatonaverageourparticipantstookpartinat least
sevensessionsduringtheyear.Notonlydoesthisshowthepleasurewhichparticipantsderivedfrom repeat
sessions,butitalsoenabledustohelpdeveloptheirskillswithinthescopeoftheircapabilities.Ourability to
expandfurtherisconstrainedbythesizeofouroperationsandthenumberofhorsesatourdisposal rather
than demand.

Wehavesoughttobroadenourofferingasmuchaspossible.Wehavehadoveronehundredparticipants in
carriagedriving,whichprovidesapopularalternativetoridingonahorse(forexampleforwheelchair users),
andplantoincreasethatinthenextreportedyear.Wesuccessfullybeganequinetherapysessions in
February2024andran21sessionsbeforetheendofMay.ThepremisesatTeddingtonhave purpose-built
facilities for equine therapy, which will enable us to grow this activity going forward.

We monitorappropriatelythedemographicsofourparticipants.Theirdisabilitiesandneedsofour participants
coverabroadspectrumrangingfromdevelopmentaltophysical,visualandauditory,whilstsomehave social
ormentalhealthconcerns.Ageisnobarriertoparticipation.Themajorityofourclienteleareofschool age,
but their ages cover the full spectrum with some under five years old and others over sixty five.

AroundtwothirdsofourparticipantscomefromtheboroughsofRichmondorHounslow,butan increased
numberthisyearcamefromthesurroundingareasofwestandsouthwestLondonandSurreyandafew from
even further afield. Their backgrounds cover a wide range of ethnicities.

Thecharityhasnotbeenimmunefromtherisingcostsassociatedwithrunningastables.Itcanbeseen from
theAccountsthatwerecordedamodestsurplusforthisyear,thankstocontributionsfromparticipantsor their
fundersandthegenerosityofotherdonorstowhomweareextremelygrateful.Moregenerallythecharity is
indebted to the many volunteers who willingly give of their time and experience in supporting our activities.

Asurveywasconductedamongstparentsofparticipantsduringtheyeartoevaluateperformance.It is
pleasingtoreportthat100%saidthattheirchildenjoyedthesessionsandwellover90%confirmedthat, in
additiontoanimprovementtotheircorestrengthsandbalance,therehadbeenanimprovementin their
child'ssocialandcommunicationsskills,mentalhealthandwellbeing,confidenceandresilience and
behaviour and relationships.

TheRichmondMayBallCommitteeselectedusasoneoftheirtwocharitiesoftheyear.Detailsofsomeof our
other major donors may be found on our website.

Page 2

Park Lane Stables RDA

`Report of the Trustees for the Year Ended 31 May 2024`

`OBJECTIVES AND ACTIVITIES`

`Highlights from 2023-2024`

There were many highlights. These included:

a visit from the Royal Society for Blind Children
the partnership agreement with Savills who provide sponsorship and regular volunteering support
nominated as one of the two charities to benefit from the Richmond May Ball
Natalie O'Rourke, the charity's founder, being invited to speak at the Worshipful Company of Farriers
Sam, our carriage driving horse, won the coveted award for Equine of the Year at the National RDA Annual
Awards - presented by The Princess Royal
the refurbishment of the Teddington premises, which was funded primarily out of proceeds from our previous
crowdfunder campaign to save our stables, approached completion
coaches visit to the Fortune Centre in the New Forest
various community activities such as the Rotary Hands Fair on Twickenham Green
a participant achieved the YELA gold award, presented at the Windsor Horse Show
many of our clientele participating in the Regional RDA Championships and eight qualified to take part in the National RDA Championships - on six equines - across showjumping, dressage, Countryside Challenge as well as participating in Endurance and Horse and Pony Care
Six members were nominated by their peers for Jack Petchey achievement awards - worth £300 each. The participants have spent the awards on external learning and other activities, across 10 participants.
excursions to sponsored rides run by other RDA groups, polework clinics and showjumping competitions at Merrist Wood
pony Racing at Wincanton
three volunteers qualified as activity leaders, able to take ground-based therapy sessions
two coaches-in-training qualified as new RDA group coaches

`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.

Wereceived205enquiriesfrompeoplewhowantedtobecomeavolunteerduring2022-23and106of these
progressedthroughtherecruitmentandtrainingprocesstobecomefully-fledgedvolunteers..Wecontinue to
neednewvolunteersinordertocopewiththedemand,soweholdregularrecruitmentdrives,with an
emphasisonensuringthereisagoodfit-matchingvolunteermotivationwiththeneedsofour wider
community.

Page 3

Park Lane Stables RDA

`Report of the Trustees`

`for the Year Ended 31 May 2024`

`ACHIEVEMENT AND PERFORMANCE`

`Refurbishment of our Home`

ThepurchaseofParkLaneStablesinTeddingtonwascompletedattheendof2021.Thisenabledthe charity
tohaveitsownpermanenthomefollowingtheterminationoftheleasefromthepreviousowner.All involved
withthecharityremainincrediblygratefultothedonors,notablyparticipantsinthesuccessful crowdfunder,
who made its purchase possible.

Thepropertyitselfwasinneedofrefurbishmentand,inkeepingwithrecognitionthatthestablesareto remain
ourlongtermhome,thetrusteesembarkeduponanambitiousplantorenovatethem.Atthetime of
purchasethepropertywasdesignatedbyRichmondCouncilasaBuildingofTownscapeMerit. Considerable
effortsweremadetoproduceaplanningapplicationfortherenovationwhichwouldimprovetheuse of
spaceforourusersandhorsesalike,whilstsignificantlyimprovingitsoutwardappearance,and complying
withonerousplanningrequirements.Intheprocessthebungalowadjacenttothestableshasbeen converted
toprovideadditionalstablingforthehorsesanda multipurposeroomforgeneraluseincludingtheprovision of
counselling and equine therapy services.

Inevitablythewholerefurbishmentprocesstookaconsiderabletimetocompletewiththeneedto prepare
initialplans,obtainpre-planningguidancefromthelocalauthorityandthentomaketheformal planning
application.Adetailedtenderdocumentwasthenpreparedinordertoensurethatthefinalbillforthe charity,
inaworldofescalatingbuildingcosts,waswithinourfinancialmeans.Withcarefulcontrolandsome further
assistance from donors, this has been achieved. The doors have now finally reopened for our patrons.

InthemeantimesincethepropertywaspurchasedthecharityhasbeenoperatingatManorFarm in
Petersham. We are most grateful to its owner for allowing us to use his premises.

`Trustees' and Governance Report`

Theworkofthecharityandthetrusteeshasgrownsubstantiallyonthebackofthepurchaseof the
Teddingtonstablesanditsassociatedhighprofile,ashavetheresponsibilitiesthatgowiththis.Itcanbe seen
fromelsewhereinthereportthatdemandforourservicesiseverincreasingandgoingforwardwewillneed to
ensure that we operate within our means.

We havea smallboardoftrusteeswitha rangeofexpertiseforoversightofthecharityand,aswemove back
toTeddington,wewillbeconsideringourfutureneeds.NatalieO'Rourkeandhersmallteamofstaff have
responsibilityforthedaytodayoperationsandahostofdedicatedvolunteerswhohelpatthestables. The
trusteesalsohavehelpfromcertainvolunteerswhocontributetotheoversightincludingsuchmatters as
health and safety, finance digitalisation, marketing and HR.

Moregenerallythetrusteeswishtoputonrecordtheirappreciationforallthehardworkofthestaffand the
manyvolunteerswhohaveproducedtheoutcomesdescribedabovepossibleand,insodoing,enriching the
lives of our participants.

We welcomedGaryWoolftoourBoardandheisalreadymakingavaluablecontribution.Hehaskindly taken
ontheformalroleofchairingtheBoardfollowingthedepartureofNeilRodford,thepreviouschair.We owe
Neilourgratefulthanksfortheimmenseamountofworkunderhisthreeyeartenureheputintoupgrading the
charity'scapabilitiesandgovernancetoreflectwhatithasnowbecome.We alsowishtorecordourthanks to
Jane Mawer who is stepping down as a trustee at this year's AGM  after ten years in the role.

`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`

Page 4

Park Lane Stables RDA

`Report of the Trustees`

for the Year Ended 31 May 2024

`Registered office`

Petersham Road
Richmond
TW10 7AH

`Trustees`

`Trustees`
`NJ Rodford`	`appointed 11.08.21`	`resigned 31.05.24`
`G Woolf`	`appointed 24.02.24`
`JP Prayag`	`appointed 11.08.21`
`PM Baines`	`appointed 11.08.21`
`J E Mawer`	`appointed 01.03.14`

`Independent Examiner`

Brewers Chartered Accountants
Bourne House
Queen Street
Gomshall
Surrey
GU5 9LY

Approved by order of the board of trustees on 28 August 2024 and signed on its behalf by:

G.W.Woolf G.W.Woolf (Sep 4, 2024 09:00 GMT+1)

G Woolf - Trustee

Page 5

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 2024.

`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
confirmthatIamqualifiedtoundertaketheexaminationbecauseIamamemberoftheInstitute of
Chartered Accountants in England and Wales, 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.

Andy Skilton

Andy Skilton (Sep 5, 2024 19:28 GMT+2)

A M Skilton

Brewers Chartered Accountants
Bourne House
Queen Street
Gomshall
Surrey
GU5 9LY

28 August 2024

Page 6

Park Lane Stables RDA

`Statement of Financial Activities`

`for the Year Ended 31 May 2024`

`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)` `Transfers between funds` `10` `Net movement in funds` `RECONCILIATION OF FUNDS` `Total funds brought forward` `TOTAL FUNDS CARRIED FORWARD`	`Unrestricted` `fund` `£` `342,955` `109,460` `32,679` `3,125` `488,219` `455,388` `32,831` `(97,896)` `(65,065)` `220,837` `155,772`	`Restricted` `funds` `£` `-` `-` `-` `-` `-` `-` `-` `97,896` `97,896` `1,419,882` `1,517,778`	`31.5.24` `31.5.23` `Total` `Total` `funds` `funds` `£` `£` `342,955` `322,554` `109,460` `39,307` `32,679` `24,547` `3,125` `1,929` `488,219` `388,337` `455,388` `422,012` `32,831` `(33,675)` `-` `-` `32,831` `(33,675)` `1,640,719` `1,674,394` `1,673,550` `1,640,719`

The notes form part of these financial statements

Page 7

Park Lane Stables RDA

`Balance Sheet`

`31 May 2024`

`Notes` `FIXED ASSETS` `Tangible assets` `7` `CURRENT ASSETS` `Debtors` `8` `Cash at bank and in hand` `CREDITORS` `Amounts falling due within one year` `9` `NET CURRENT ASSETS` `TOTAL ASSETS LESS CURRENT LIABILITIES` `NET ASSETS` `FUNDS` `10` `Unrestricted funds` `Restricted funds` `TOTAL FUNDS`	`Unrestricted` `fund` `£` `63,833` `16,774` `124,120` `140,894` `(48,955)` `91,939` `155,772` `155,772`	`Restricted` `funds` `£` `1,517,778` `-` `-` `-` `-` `-` `1,517,778` `1,517,778`	`31.5.24` `Total` `funds` `£` `1,581,611` `16,774` `124,120` `140,894` `(48,955)` `91,939` `1,673,550` `1,673,550` `155,772` `1,517,778` `1,673,550`	`31.5.23` `Total` `funds` `£` `1,293,269` `2,465` `383,516` `385,981` `(38,531)` `347,450` `1,640,719` `1,640,719` `220,837` `1,419,882` `1,640,719`

ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct 2006 for
the year ended 31 May 2024.

Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 May 2024 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.

ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon28August 2024
and were signed on its behalf by:

G.W.Woolf G.W.Woolf (Sep 4, 2024 09:00 GMT+1)

G Woolf - Trustee

The notes form part of these financial statements

Page 8

Park Lane Stables RDA

`Notes to the Financial Statements`

for the Year Ended 31 May 2024

`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 9

Park Lane Stables RDA

`Notes to the Financial Statements - continued for the Year Ended 31 May 2024`

`2. OTHER TRADING ACTIVITIES`

		`31.5.24`	`31.5.23`
		`£`	`£`
	`Fundraising events`	`13,917`	`16,808`
	`Sponsorships`	`18,762`	`7,739`
		`32,679`	`24,547`
`3.`	`INVESTMENT INCOME`
		`31.5.24`	`31.5.23`
		`£`	`£`
	`Deposit account interest`	`3,125`	`1,929`
`4.`	`NET INCOME/(EXPENDITURE)`
	`Net income/(expenditure) is stated after charging/(crediting):`
		`31.5.24`	`31.5.23`
		`£`	`£`
	`Depreciation - owned assets`	`27,569`	`28,144`
	`Other operating leases`	`55,791`	`56,708`
	`Independent examination`	`2,772`	`2,640`

`5. TRUSTEES' REMUNERATION AND BENEFITS`

Therewerenotrustees'remunerationorotherbenefitsfortheyearended31May2024norforthe year
ended 31 May 2023.

`Trustees' expenses`

Therewerenotrustees'expensespaidfortheyearended31May2024norfortheyear ended
31 May 2023.

`6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`

`INCOME AND ENDOWMENTS FROM` `Donations and legacies` `Charitable activities` `Charitable` `Other trading activities` `Investment income` `Total` `EXPENDITURE ON` `Charitable activities` `Charitable` `NET INCOME/(EXPENDITURE)` `RECONCILIATION OF FUNDS` `Total funds brought forward`	`Unrestricted` `fund` `£` `322,554` `39,307` `24,547` `1,929` `388,337` `408,318` `(19,981)` `240,818`	`Restricted` `funds` `£` `-` `-` `-` `-` `-` `13,694` `(13,694)` `1,433,576`	`Total` `funds` `£` `322,554` `39,307` `24,547` `1,929` `388,337` `422,012` `(33,675)` `1,674,394`

continued...

Page 10

Park Lane Stables RDA

`Notes to the Financial Statements - continued for the Year Ended 31 May 2024`

`6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`

`TOTAL FUNDS CARRIED FORWARD` `7.` `TANGIBLE FIXED ASSETS` `Freehold` `property` `£` `COST` `At 1 June 2023` `1,201,867` `Additions` `315,911` `At 31 May 2024` `1,517,778` `DEPRECIATION` `At 1 June 2023` `-` `Charge for year` `-` `At 31 May 2024` `-` `NET BOOK VALUE` `At 31 May 2024` `1,517,778` `At 31 May 2023` `1,201,867`	`Short` `leasehold` `£` `15,000` `-` `15,000` `15,000` `-` `15,000` `-` `-`		`Unrestricted` `fund` `£` `220,837` `Plant and` `machinery` `£` `137,750` `-` `137,750` `46,873` `27,394` `74,267` `63,483` `90,877`		`Restricted` `funds` `£` `1,419,882` `Computer` `equipment` `£` `700` `-` `700` `175` `175` `350` `350` `525`		`Total` `funds` `£`
							`1,640,719`
							`Totals` `£` `1,355,317` `315,911` `1,671,228` `62,048` `27,569` `89,617` `1,581,611` `1,293,269`

ThefreeholdpropertystablesandconnectedpremisesatTeddingtonwerepurchasedin December
2021.

`8.`	`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`
		`31.5.24`	`31.5.23`
		`£`	`£`
	`Trade debtors`	`12,417`	`-`
	`Prepayments and accrued income`	`4,357`	`2,465`
		`16,774`	`2,465`
`9.`	`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`
		`31.5.24`	`31.5.23`
		`£`	`£`
	`Trade creditors`	`24,670`	`1,332`
	`Social security and other taxes`	`7,781`	`23,001`
	`Other creditors`	`2,075`	`2,541`
	`Accrued expenses`	`14,429`	`11,657`
		`48,955`	`38,531`

continued...

Page 11

Park Lane Stables RDA

`Notes to the Financial Statements - continued`

for the Year Ended 31 May 2024

`10. MOVEMENT IN FUNDS`

`Net` `movement` `At 1.6.23` `in funds` `£` `£` `Unrestricted funds` `General fund` `220,837` `32,831` `Restricted funds` `Property account` `1,419,882` `-` `TOTAL FUNDS` `1,640,719` `32,831` `Net movement in funds, included in the above are as follows:` `Incoming` `resources` `£` `Unrestricted funds` `General fund` `488,219` `TOTAL FUNDS` `488,219` `Comparatives for movement in funds` `At 1.6.22` `£` `Unrestricted funds` `General fund` `240,818` `Restricted funds` `RDA re horses` `750` `Property account` `1,432,826` `1,433,576` `TOTAL FUNDS` `1,674,394` `Comparative net movement in funds, included in the above are as follows:` `Incoming` `resources` `£` `Unrestricted funds` `General fund` `388,337` `Restricted funds` `RDA re horses` `-` `Property account` `-` `-` `TOTAL FUNDS` `388,337`	`Transfers` `between` `funds` `£` `(97,896)` `97,896` `-` `Resources` `expended` `£` `(455,388)` `(455,388)` `Net` `movement` `in funds` `£` `(19,981)` `(750)` `(12,944)` `(13,694)` `(33,675)` `Resources` `expended` `£` `(408,318)` `(750)` `(12,944)` `(13,694)` `(422,012)`	`At` `31.5.24` `£` `155,772` `1,517,778` `1,673,550` `Movement` `in funds` `£` `32,831` `32,831` `At` `31.5.23` `£` `220,837` `-` `1,419,882` `1,419,882` `1,640,719` `Movement` `in funds` `£` `(19,981)` `(750)` `(12,944)` `(13,694)` `(33,675)`

continued...

Page 12

Park Lane Stables RDA

`Notes to the Financial Statements - continued`

for the Year Ended 31 May 2024

`10. MOVEMENT IN FUNDS - continued`

A current year 12 months and prior year 12 months combined position is as follows:

`Unrestricted funds` `General fund` `Restricted funds` `RDA re horses` `Property account` `TOTAL FUNDS`	`At 1.6.22` `£` `240,818` `750` `1,432,826` `1,433,576` `1,674,394`	`Net` `movement` `in funds` `£` `12,850` `(750)` `(12,944)` `(13,694)` `(844)`	`Transfers` `between` `funds` `£` `(97,896)` `-` `97,896` `97,896` `-`	`At` `31.5.24` `£` `155,772` `-` `1,517,778`
				`1,517,778`
				`1,673,550`

A currentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedin the
above are as follows:

`Unrestricted funds` `General fund` `Restricted funds` `RDA re horses` `Property account` `TOTAL FUNDS`	`Incoming` `Resources` `Movement` `resources` `expended` `in funds` `£` `£` `£` `876,556` `(863,706)` `12,850` `-` `(750)` `(750)` `-` `(12,944)` `(12,944)` `-` `(13,694)` `(13,694)` `876,556` `(877,400)` `(844)`

`Transfers between funds`

Duringtheyeara transferwasmade fromunrestrictedto restrictedfundsto accountforthefunds spent
on the property held within restricted funds.

`11. RELATED PARTY DISCLOSURES`

Thecharitymadepaymentsintheyearto31May2024tovariouspartiesrelatedtothe trustees
amountingto£9,015(2023:£4,341)forservicesrendered.Donationsreceivedbyvariousparties related
to the trustees amounted to £14,186 in the year.

Page 13

Park Lane Stables RDA

`Detailed Statement of Financial Activities for the Year Ended 31 May 2024`

`Detailed Statement of Financial Activities` `for the Year Ended 31 May 2024`
	`31.5.24`	`31.5.23`
	`£`	`£`
`INCOME AND ENDOWMENTS`
`Donations and legacies`
`Gifts`	`14,412`	`20,241`
`Donations`	`327,417`	`296,870`
`Gift aid`	`1,126`	`5,443`
	`342,955`	`322,554`
`Other trading activities`
`Fundraising events`	`13,917`	`16,808`
`Sponsorships`	`18,762`	`7,739`
	`32,679`	`24,547`
`Investment income`
`Deposit account interest`	`3,125`	`1,929`
`Charitable activities`
`Grants`	`109,460`	`39,307`
`Total incoming resources`	`488,219`	`388,337`
`EXPENDITURE`
`Charitable activities`
`Wages`	`201,585`	`153,671`
`Social security`	`3,074`	`5,919`
`Pensions`	`2,776`	`2,509`
`Rent`	`55,791`	`56,708`
`Sundries`	`9,319`	`5,721`
`Equine veterinary fees`	`6,730`	`9,135`
`Disabled loo hire`	`7,671`	`4,760`
`Riding Aids`	`-`	`1,765`
`Hay feed`	`28,989`	`27,515`
`Farrier costs`	`5,509`	`5,035`
`Training projects`	`2,675`	`4,388`
`RDA costs`	`590`	`1,621`
`Summer grazing`	`600`	`1,900`
`Events`	`8,754`	`6,202`
`Hippotherapy`	`390`	`4,650`
`Stable Management Fees`	`-`	`19,965`
`Miscellaneous purchases`	`11,453`	`7,774`
`Livery costs`	`-`	`1,849`
`Repairs and maintenance`	`447`	`12,944`
	`346,353`	`334,031`
`Support costs`
`Management`
`Rates and water`	`6,939`	`4,101`
`Insurance`	`11,303`	`8,660`
`Carried forward`	`18,242`	`12,761`

This page does not form part of the statutory financial statements

Page 14

Park Lane Stables RDA

`Detailed Statement of Financial Activities for the Year Ended 31 May 2024`

`Detailed Statement of Financial Activities` `for the Year Ended 31 May 2024`
	`31.5.24`	`31.5.23`
	`£`	`£`
`Management`
`Brought forward`	`18,242`	`12,761`
`Light and heat`	`907`	`479`
`Telephone`	`1,214`	`1,075`
`Postage and stationery`	`1,839`	`1,399`
`Advertising`	`2,947`	`1,020`
`Bank charges`	`1,100`	`704`
`Motor costs`	`19,263`	`12,890`
`Travelling`	`411`	`481`
	`45,923`	`30,809`
`Finance`
`Depreciation of tangible fixed assets`	`27,569`	`28,144`
`Governance costs`
`Independent Examination`	`2,772`	`5,826`
`Accountancy and legal fees`	`19,057`	`7,714`
`Legal fees`	`-`	`2,153`
`Consultancy fees`	`13,714`	`13,335`
	`35,543`	`29,028`
`Total resources expended`	`455,388`	`422,012`
`Net income/(expenditure)`	`32,831`	`(33,675)`

This page does not form part of the statutory financial statements

Page 15

Park Lane Stables YE 31.05.2024 Final Financial Statements

Final Audit Report

2024-09-05

Created: 2024-09-03 By: Jonathan Skilton (jskilton@bg-brewers.com) Status: Signed Transaction ID: CBJCHBCAABAAB_Y0ptjlk9jkznml1GesxOLDW9l2ilNF

"Park Lane Stables YE 31.05.2024 Final Financial Statements" History

Document created by Jonathan Skilton (jskilton@bg-brewers.com)

2024-09-03 - 2:05:15 PM GMT

Document emailed to Gary Woolf (gary.w.woolf@gmail.com) for signature

2024-09-03 - 2:05:19 PM GMT

Email viewed by Gary Woolf (gary.w.woolf@gmail.com) 2024-09-03 - 2:48:57 PM GMT
Signer Gary Woolf (gary.w.woolf@gmail.com) entered name at signing as G.W.Woolf 2024-09-04 - 7:59:59 AM GMT
Document e-signed by G.W.Woolf (gary.w.woolf@gmail.com)

Signature Date: 2024-09-04 - 8:00:01 AM GMT - Time Source: server

Document emailed to Andy Skilton (askilton@bg-brewers.com) for signature 2024-09-04 - 8:00:03 AM GMT

Email viewed by Andy Skilton (askilton@bg-brewers.com) 2024-09-05 - 5:27:33 PM GMT
Document e-signed by Andy Skilton (askilton@bg-brewers.com)

Signature Date: 2024-09-05 - 5:28:48 PM GMT - Time Source: server

Agreement completed.

2024-09-05 - 5:28:48 PM GMT