REGISTERED COMPANY NUMBER.. 09035744 (England ond Wales) REGISTERED CHARITY NUMBER: 1161306 Report ol lh¢ Truslees and Unaudlled Financial Statemenls for Ihe Year Ended 31 Moy 2025 Park lane Stobles RDA Bfewers Chorteied Accountonts Unit 3 8irlley Covrtyord 8romley Surrey GU5 OLA •AEE5VXOJ' 2fJ1012025 COMPANIES HOUSE A10
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Park Lant stables RDA Conlenls ol the F5nanclal Statemenls lor the Year Ended 31 Moy 2025 Page Report of the Trustees Independenl Exomlner'$ Report stalement ol Flnanclal Actlvllles 10 Balance Sheel. Cash Flow Slatement 12 Nole5 to the Cash Flow Stalemenl 13 Note$ to the Flnanclal Stolemenli 14 10 20
Park Lane Slables RDA Report of the Truslee$ for Ihe Year Ended 31 May 2025 The Iruslees who ore olso direclors of Ihe chority for the purposes of the Componies Act 2C06. present their report with the financial statement5 of the chorily for the yeor ended 31 Moy 2025. The Iruslees hove adopted the piovision5 of Accounting ond Reporting by Chorilies: Slolement ol Recommended Proclice opplicoble to charities preparing Iheir accounts in accordance with the Finonciol Reporting Slondofd applicoble in the UK and Republic of Ireland IFRS 1021 leffeclive l Jonuory 20191. ABOUT PARK LANE STABLES RDA Part Lone Slobles RDA, based in Teddington, in the London Borough of Richmond upon Thomes, is o friendly ond inclusive member of the Riding for Ihe Disabled Association. We offer chiklren ond odulls trom Ihe locol community, as well os Ihose from further afield, who have o broad ond complex ronge of physical, sensory. and leaming disabilities, and menlol heollh need5, the opportunity to ride ond corrioge drive. as well as core lor hoises and ponie5 in 0 Safe ond nurturing environment. The volve of our s8Nic8s has been reco9nised Ihrough vorious awards, including the Qveèn's Awords lor Volunleering. OBJEcnvES AND ACTivmES Ov¥ V151on We strFve lo be o ploce where horses help people and people help horses. olway$ leavlng happler than when they avfved. The Group's vision is lo uphold the RDA ethos. "It'5 whol you CAN do Ihol covnts": To moke a posilive ond longible difference to di50bled people's fitness, core slrenglh. bolonce. confidence, communicolion skills, enjoyment ond general well-being Ihrough being with ondlor riding horses lo promote inclusivily ond positively encourage porticipanls lo ochieve success ond moximise Iheir potential within o safe ond supportive envilonmenl whether Ihol is just leaming lo steer a pony unaided. or toking port in odditionol aclivilies such as Pony Club, or competing ol horse shows. sponsored ride5 and locol or nolionol competitions To put the porticiponi first and never slop challenging ourselves lo improve the service and expeiienc6 Wè offer Ihrough new, pioneering initiatives and piojecls. meeting the ever-chonging needs ond demonds of our clienls. whi18 Olso seeking lo reoch those we Cvrrenlty do nol seNe. Our Ob ect Oui Objects ore sel oul in the Compony registration.. The objects for which the Compony is estoblished ore lo promote the objec15 of the Riding for the Disabled Associolion incorporoting Carrioge Driving, a chorily reglstered under Chority Number 1161306. by providing disabled people with the opportunity lo ride ondlor corrioge drive lo benefil their heolth ond well-being in the Richmond upon Thames area. Page I
Park Lane Stobles RDA Report of the Tfuslees forthe Yeai Ended 31 May 2025 OBJECTIVES AND ACTIVITIES Our frvstees, st¢)ff. coaches, volunteers and equlnes Trustees Ihe charity is oVeeen by o board of live tnJstees los of the dote of this report), who possess a diverse range ot professionol skills thot enhonce the overoll strolegic and long-lem monogement of the chority ond it5 resources. Slofl ond coaches The chorily has o smoll sloff. comprising a Chief Execulive Imanogerl ond depuly manager and engoges people with vorious levels ol disability as part-lime staff who monoge Ihe core of the horses. Our 5ervice5 are led by poid or volunleer cooches who are oll qualified RDA riding coaches ondlor ROA corrioge driving cooches and mony of whom ore olso occrediled Pony Club cooches. The coaches are SUPF)Orted by qUalifd phy510therapist5 as needed. Volvnleers We would not be able lo opefate without the dedicotion of mony volvnleers who ossisl with the ctrè of our equine5 05 well 05 helping our participant5 when riding or carriage driving. Severol of ovr volunteer5 are also quolified to nJn vnmovnled stoble monagemenl ond horse care $8$5ions. AII RDA Volunteers vndefgo o vig¢YOUS recruitmenl process which includes.. satisfactory references, an enhanced DBS check lil oged 16 or overl ond bosic training including horse core. tocking up hors8s. leoding and handling. manoging rideis and safeguarding - before they slc¥l volunleering. We received 280 enquiries from people who wonled lo become o volunteer during 2024-25. ond $2 of these progressed through Ihe recfuilmenl ond Iroining process lo become lully-lledged volvnleers. We continue lo need new volvnleers lo cope with the demond, $0 we hold iegulor recruilmenl thives wilh on emphosis on ensuring a good frt, molching volunteer molivolion with the needs of our parliciponts. Our equines The horses and ponies ol PLS ore kind, honest ond steady. and ore corelully selected and Iroined lo ensure they ore suiloble for RDA riders. PublSc benefft In shaping the objeclives for the yeor ond plonning Ihe activities. the trustees have considered the Charity Commission'5 gvidance on public benefit. including the gvidonce on pvblic benefit ond lee chorging. Poge 2
Park Lane Stables RDA Report of the Tfustees for the Yeor Ended 31 Moy 2025 STRATEGIC REPORT Achievement and performance Ovr $ervl¢es The seNices which PLS provides ore.. o Incluslve Rldlng ond Corrloge Drlvlng Sesslons.. We offer sessions designed for individuols with o wide range of disabilities. including wheelchair users, Ihose on the outislic spectrum. and people wilh visuol irnpoiments. We also coler lor porticiponts who hove mentol heollh issues, such os Ihose suffering from Irouma ond the long-term effects ol Covid lockdown. o Teo wllh a Pony.. This progromme brings the mogic ol horses to locol care homes and community groups. reducing is01olio n lor eldedy people ond Ihose living with dementio ond poor mental heollh. o Roll Wilh 11 Mvslc 5esslon.' A unique session where sixleight porticipants with a variety of conditions lake part in o combined riding equine and music experience, supporting physical movement. commvnicolion, ond emotional expression. o Toddler Groups lor New Mums.. Recognising Ihe loneliness many new mothers foce. we creotecj o welcoming group where mums and their little ones con connect with each other ond our ponies in o supportive environment o Adull Rlde Ovl$- We tun dedicated sessions for a¢JJll porticipanls. offering on how of riding and an hour of sloble dvlies, he Iping to bvild skills, confidence. ond peer svpport in o relaxed. inclusive environment o Pony Clvb ond Proflclency Awords.. We run a thriving Pony Clvb, integrating riders with and wilhoul disobilities, where children ond young peopte from all bockgrovnds can work together lowords riding and sloble monogemenl qvalilicotions, building skills. resilience, and pride. o Volunleer Tfalnlng and Opportunllles: We actively iecruit volunteers from oll. backgrounds, oftering full troining in occordonce wilh RDA requirements. Upon complelion, il piovides our volunteers with options lo continue their devebpmenl in cooching. safegvarding, social media. HR. ond occounlancy skills. Mony of our volvnleer5, young ond old. know or hove lived with experience of disobilities. It's Ihe power of givng something back to the community Ihol ke eps volunteers coming bock lo help. o Partnershlps wlth Local Counclls, Schools. and Other Charitle5: We wotk ck)sely wth locol councils, schools, ond charilies Ihol refer young people ond odvlls lo us for respite ond community support-eg Skylorks ond Hounslow Short Breoks during our leim-time holidoys. o External acllvltle$.' Many of our riders participate on an equal basis with Ihose who own their horses at events such 05 cleor-rovnd jumping competitions. endurance iiding, or exlemal Pony Club rallies. Rideis 0150 porticipole in sponsored rides. We a150 enable rider5 Ond drivers lo compete in Riding lor the Di50bled RegDnal and Notionol championship5 in carriage driving. show jumping. dressage ond other discipfines. Our most WelknoWn service lo the local community is to have a "cuddle horse" ovailable during our working hours ond into the evening a horse which is stobled overfooking the slreet ond 0voilab lo everyone to come and spend time with. Poge 3
Park Lane Slables RDA Report of the Tfustees lor the Year Ended 31 May 2025 STRATEGIC REPORT Achlevemenl ond performonce Refvrbishment of ovr Home The purchase ol Poth Lone Stables in Teddinglon wos completed ot the end 012021. This enabled Ihe chority lo hove its own pemonent home following Ihe teminotion ol the leose from the previovs owner. All involved with the charity remoin incredibly grolelul lo the donors, notobly porticipanls ¥) the successful crowdlunder, who mode ils pvrch05e possible. Ihe propety ilsell required refurbishmenl. ond. in keeping with the recognition that the stables ore lo remain our long-lem home, Ihe Irvslees embotked on on ombilious plan lo ienovole them. Al the lime of purchose. the propety was designated by Richmond Councli os o Building of Townscope Merit. Considerable efforts were mode to produce o plonning opplicolion for the renovolion. which wovld imp(ove the use of spoce for both ovr users ond horses. while significontly enhoncing ils ouard oppeoronce and compIng with onerous planning requirements. In Ihe process. the bungolow adjacent to the 51ables hos been converted lo provide odditional stabling for the horses ond a multipurpose room for general use. including the provision of covnselling ond equine theropy seNices. Thi5 intensive refurbishment progromme was conducted against a posl.COVID env*onmenl ol high demond wilhin the conslnjclion industry ond escololing building cost5. We are therefore delighted to report that the project wos completed olmosl on schedule ond. wilh Ihe benelit of some further donations, within our financial resources. The return lo our home bose in the svmmer of 2024 was o huge step lor the chorily - enabling us lo convert Ihe former coltoge into the "cuddle horse" sloble, o communify room attoched lo the cuddle sloble. o theropy room ond o lully occessible toilet. The site comprises six Ivrther slobles. Our return to Teddinglon required Ihe hofses to be occlimolised gioduolly lo Iheir new surroundings, including walking on roads lo reach nearby Bushy Pa - although those who had been previously stabled ol Pork Lane often showed Ihal they remembered their former suThoundings. Page 4
Path Lane Stables RDA Report of the Trustees lor the Year Ended 31 May 2025 STRATEGIC REPORT Achievement and performonce Overall revlew For Ihe first fovr monlhs of Ihe year, Pork Lone Stables operated from o temporory home ot man Form in Petersham TWIO Iwilhin the London Borough ol Richmond upon Thomesl, whilst we compleled the mojor refurbishment project ol our home slobles in Teddinglon. We were extremely grotelul that the temporory relocolion lo Manof Fom enobled us lo provide continuity of our services tor the Ihree yeots thot we operoted from Petershom. During the yeoi June 2024 lo Moy 2025, the charity provided 6.506 sessions to 825 porticiponls. representing on increose in the overoge number of sessions per participont lo almost eight. This increase demonslrotes Ihe enlhusiosm of ovr F)articiponls, while also enabling us lo help them further develop their skills within the scope of their polenlial capabililies. The number ol sessions piovided was comporoble lo Ihol of Ihe previovs yeor, ofter ollowing for the days losl during the wind-down and Ironsrfion of our operations from Pelershom to Teddinglon. Notobly, the nvmber of eqvine theropy sessions we offered in our purpose-buill facilities al Teddinglon increosed from 21 in the previovs yeor to 141. This demonslroles Ihal Ihere is o growing demond for the benefits ot activities oround horses, which do not nece55arily enloil horse riding or carrioge driving. Once ogoin. we were able lo offer over l(y) porticipan15 Ihe opportunity lo toke port in corriage driving, proving its popvlarily not only to wheekhair useis bul o wide range ol participants. We conlinue lo monitor the demogrophics of our porticiponls. The disobililies and needs of our participants cover o brood speclrurri ranging from developmental lo phy5icoI, leaming dilficullies. visual and audilory. whilst some have mental heollh or social issues. Around hall of our participants are between the oges of 8 ond 15 yeors old. bul we hove porticiponts of all ages. with some 10 per cent being up lo 7 yeors old ond 15 porticiponls being over 75 yèors old. Arovnd 60 per cent ol our participonls come trom Richmond ond Hounslow, but a slightly increased percentage this yeor come from svffounding oreos of west ond southwesl London. as well as Surrey. Their backgrovnds cover o wide range ol elhnicilies. A survey wos conducled amongst parents ol participonls during the yeor to evolvafe performance. 98 per cent stoled that their child enjoyed the se55ion5 and over 90 per cent confirmed Ihol there had been an improvement in each of their child's mental heollh and wellbeing. their behoviour and relotionships. ond Iheir confidence and fesilience. In oddilion, 87 per cent sold thol there hod been on improvement in their child's sociol ond commvnicalion ski115, and 84 per cent conlimed an improvement in their child's physicol/core slrenglh. The chority ha5 not been imrnune from Ihe rising c0515 ossocioled wilh running a slobles. It con be seen Irom the Accounts Ihol we recorded o modest suiplus for this yeor. thanks lo contributions from participanls or their nders ond the generosity ol other donors to whom we ore incredibly grolelvl. Mole generolly, the chorily is indebted lo Ihe mony volunleers who willingly give ol Iheif lime ond experience in sUPPOrting our oclivilies. Highlightslochievements The team compleled the long-owoiled move bock lo ils Teddinglon home in Pork Lane, re-eslabli5hing nkS with the local oulhority, community. ond the Royal Parks managemenl responsible for Bushy Park which involved months of work ond planning. We mode o staged relurn lo Pork Lone. with the highest regord lor the wellore of the horses and how Ihey would respond to the move bock lo o semi-utbon setting. We olso oimed lo minimise the number of sessions losl with participonls, as evidenced by our monagemenl of over 6,XKI sessions in the year. Reluming to ovr community, we were immedalely able to begin new initiatives Ihot were pr8ViOUS impossible lor vs. maknng full use ol the new community spoce in our refurbished stobles. These included: A "Roll With11.' menlol heolth drop4n c105S NHS portnerships, including o community evenl colled "Cuppo & Cuddle5" ond o Winter Engagement Event wilh Covid ond Flu injections for vulneioble people. - The launch of Ihe 'Tiny Trotters" ploygrovp event wos created by our coach Kole Fox. - The lounch ot'Teo Wlh A Pony" foi residents of locol care homes. Poge 5
Park Lane Stables RDA Report of the Trvstees for Ihe Year Ended 31 May 2025 STRAIEGIC REPORT Achlevement and performance We were oble to resume our visits lo core homes ond hospitols in the oreo ond participote fully in local communify oclivities, including Chestnut Sundoy, Lights Up, Polm Sundoy, The Turks Heod Run, ond Teddington Fete. omong mony others. We ore incredibty proud ol the woy we monoged the retum to Park Lone in Teddington ond the re-engagemenl there with the community who have supported us so much. With oll the preporalions lof the move underway. Pork Lone Stables wefe still able lo toke port in the ROA Nolionol Chompionships ol Hortbvry in Gloucestershire. with 7 horses and I I participants, supported by coaches and volunteer5. Riders had quolilied through iegionol competitions to compete in dressoge. show jumping, countryside challenge. hotse care and knowledge. ond an Enduronce cowe. We were delighted to celebrote o number of plocings these events lor our porticiponls, while offering those taking port the experience ol equine competilion in o sUPPOrtive environment. We were 0150 oble lo porticipole in the Porollel Gomes lon evenl for individvo15 with disabililiesl in Windsor Greot Port. os well as the London Intemolionol Hoe Show, where we orgonis8d on 8Xtremely well-received choir perfomance at the Event. Poth Lone Slobles won the RDA colegory ol the Royal Windsor Horse Show. Our coaching leom were also involved with the winning Driving lor the Disobled Closs. We ore alwoy5 looking for new partnerships last year these included hosting visils from AIM RDA, which hos led lo collaboration betwèen thé two groups. and visils to Windsor Carriages lo carrioge drive ond discuss possible onnuol colloboralion for those wishing to experience corrioge driving in Windsor Greol Pa. but lor those who use wheelchoirs, something not currenlly offered. Jack Pelchey Adult Awards were ochieved by our cooches Lexy Milton ond Dovid Boggotl. 18 of our participan15 a150 won Achievement Awords. Our corrioge pony, Som, received the coveted aword of RDA Horse Of The Yeor and w05 also highly commended in the Animal cotegory of Ihe B8C London Awards. Nolalie O'Rourke won the prestigious Birt Spooner Award at the Nolionol RDA AGM. The aword recognises exceptional dedication. service ond conthbulions to the rn510n of RDA and paro*queslrianism. STRUCTURE. GOVERNANCE AND MANAGEMENT Govemlng document The chority is governed by its goveming documents, conslitules a limited compony and is limited by guaronlee, as defined by the Companies Act 2W6, which was incorporoted in Moy 2014. Page 6
Park Lone Stables RDA Report of the Trustee$ lor the Year Ended 31 May 2025 STRUCTURE. GOVERNANCE AND MANAGEM TRUSTEES AND GOVERNANCE REPORT The work of Ihe chorily ond the tivstees hos grown substontiolly following the purchose of the Teddinglon stobles ond ils ossocioled high profile, os hove the respon5ibililies lowords our porticiponts and the locol community that supported our crowdfunding compaign to purchase the stables. The demond lor our services is ever-increasing. and we must be reolislic in our approoch to this. exploring the new services highlghted in this ieport. Our premise5 are not lorge ond we endeavour to cater lor o wide range of need5. NT The move bock to Teddington in the ongoing inflotionory environment hos necessitoted careful oversight of our operoling co$15. These have risen significanlty due lo increose5 in the Minimum Wage. Notional Insurance, supplier costs, veterinary charge5 ond insurance. Agansl this backdrop, we have been focvsing on ensuring Ihol the charity has o robvsl finonciol stnjclure as il moves foword. We olso continue lo explore woys lo enhance our opefolionol eificiencie5. Our financial recording is now digitised. bul can be improved lurther. We are exploring the feosibility of digitising our olher odminislralive aclivilie5, which currently require considerable lime from our sloff. We are olso looking inlo updoling the choritys governing conslitvtion. This wos iniliolly bosed on a model Articles of Associolion prescribed by RDA UK of which we ore a member. We ore svpportive of on initiolive taken by RDA UK lo consult with ils member groups regording broadening the objects clause within ils own conslilution to reflect on extended ronge ol octivilies thot Some groups Ilike oursl now undertoke such os equine Iherapy, as well as modemi5ing certain of ils provisions. We hove a small board of Iru51ees wilh a range ol expertise to oversee the charity, ond we will be considering ovr future needs. No*alie O'Rourte ond her smoll team ol sloff ond cooches ore responsible for the day-lo-doy operations. as well os o host ol dedicoled volunteers who ossisl al the slobles. The Injstees also receive ossislonce from certain volunteer5 who contribute lo the oversight. ncluding motler$ 5vch 05 heallh ond safety. finonce, digilolisolion, marketing, legal, and HR. More generolly, the trustee5 wish to put on record their apprecialion for all the hord work of Ihe staff. cooches and the mony volunteer5 who hove produced thé oulcomes desciibed abové possib18 ond. in so doing, enriched the live5 of our porticiponls. During the yèar. Jone Mower stepped down ofter 10 yeors of loyol service. We welcomed Iwo of our volunleef5 os new Iru5tees to our Board. Alison Lees, o former partner of on occounling firm. ond Constanza Borreno. who has extensive commerciol experience. Their skill sets blend well wtth the other members ol the Boord, which is now five strong. REFERENCE AND ADMINISIRATIVE DETAILS Reglslered Compony number 09035744 IEnglond and Wolesl RegIe1•d Charlty nvmbei 1161306 RegIered offlc• Pork Lone Teddinglon TWII OHY Truslefr$ G Woolf JP Proyog PM Baines J E Mower A Lees C Salinas oppoinled 24.02.24 oppointed 11.08.21 oppointed 11.08.21 oppoinled 01.03.14 oppointed 22.01.25 oppointed 26.03.25 resigned 2.10.24 Poge 7
Pork Lone Slobles RDA Report of the Trustees for the Yeor Ended 31 May 2025 REFERENCE AND ADMINISTRATIVE DETAILS Independent Exuminer Brewers Chortered Accounlonls Unil 3 Birtley Courtyord Bramley Surley GU50LA EVENTS SINCE THE END OF THE YEAR Information reloting lo events since the end of the yeor is given in the notes lo the financial stotemenls. Report ol the tnJstees, incorporoling o strolegic r8POrt, opproved by order of the boord ol trustees, as the company directors, on.i!pw¥.ii................................. ond signed on the boord's beholf by.. GV G Wooll- Tnjslee Poge 8
Independenl ExamSnw's Report to the Truslees of Park Lone Stables RDA Independent examknw's report to the truslees of Park Lone Stables RDA ('Ihe Company.) I report lo Ihe charity Iruslees on my exominolion of the occounts of the Compony for Ihe year ended 31 Moy 2025. Responslbllltle$ and basis of report As the chority's trustees of Ihe Compony lond olso its direclors for the purposes of compony lowl you . ore responsible for the preporalion of the occounls in occordonce with the requir8ment5 of the Componies Acl 20061'the 2006 Acl'l. Hoving solisfied myself thol Ihe occovnls of the Company are not required lo be oudiled under Port 16 of the 2006 Act and ore eligible for independent examination. I reporl in re5pecl of my exominolion of youi chority'5 accounts as ca¥ried oul under Section 145 of the Chorilies Act 2011 I'lhe 2011 Acl'l. In carying out my examination I have followed the Directions given by the Chority Commission under Section 145151 Ibl of Ihe 2011 Acl. Independent examlner's 51alemenl Since your chorily's gross income exceeded £250,¢)X) your exominer must be o member of o listed body. I con confim Ihal l am qualified to vndertoke the exominolion because l om a member of Ihe Instilvte of Chortered Accounlonls in England ond Wales, which is one of the listed bodies. I hove completed my examination. I confirm thol no motters hove come lo my otlenlion in connection wth the examinolion giving me cause lo believe.. occounting recoids were nol kept in respect ol Ihe 'Compony as required by Section 386 of Ihe 2006 Act.. or the occovnls do nol occord with those records,. or Ihe accounls do not comply with the occounling reqviremenls ol Section 396 of Ihe 2006 Act other Ihon any requirement thol the occounts give o true and lair view which is nol a moller considefed 0$ part of an independent exominotion,. or the occounls hove not been Pfepofed in occordance with Ihe melhods ond Fyinciples of the Slolemenl of Recommended Proclice lor accounling ond reporting by choiilies lopplicoble to chorilies preporing their accounts in accordonce wilh the Finonciol Reporting Slondord opplicable in the UK ond Republic of Ireland IFRS 10211. I hove no concems and hove come acr055 no other motters in connection with the examination lo which attention should be drown in this report in order lo enabl8 o proper understanding of the accounts to be reached. A M Skillon Brewers Chartered Accovnlonls Unit 3 Birtley Coutyard Bramley Surrey GU5 OLA 1410812025 Dale: . Poge 9
Park Lone Slables RDA stoternent of Flnanclol Acllvllles for the Year Ended 31 May 2025 2025 Total funds 2024 Tolol fiJnds Unrestricted lund Rgslricled funds Notes INCOME AND ENDOWMENTS FROM Donolions and legacies 379,753 379.753 342,955 Charilable activilies Charitoble 7,250 118.107 125.357 109.460 Other Iroding activities Inve51menl income 3.990 3,990 32,679 3,125 Tolal 391,031 118.107 509,138 488,219 ExpeNDITURE ON Chavitable aclivities Choritoble 312,235 118.107 430.342 455,388 NET INCOME Tfanslefs tseeen lunds 78,796 (82.656) 78.796 32,831 15 82.656 Net movemenl In funds (3,860) 82.656 78.796 32,831 RECONCILIATION OF FUNDS Tolol funds brought tomord 155.772 1.517.778 1.673,550 1,640.719 TOTAL FUNDS CARRIED FORWARD 151,912 1,600.434 1.752.346 1,673,5S) The notes fom F)Qrt of these finoncial slatemen15 Poge 10
Pork lane Stables RDA Balance Sheet 31 May 2025 2025 Tolal funds 24 Total nds Unrestricted fund Restricted funds Notes FIXED ASSETS Tongible ossets 12 36.264 1.600.434 1,636,698 1,581.611 CURRE14T ASSETS Debtors Cash at bonk ond in hond 13 65.690 78.959 65.696 78,959 16.774 124,120 144,655 144,455 140,894 CREDITORS Amounts folling due within one year 14 (29,007) (29,007) 148.9551 NEI CURRENT ASSETS 115,048 115.648 91.939 TOTAL ASSETS LESS CURRENT LIABILITIES 151.912 1.600.434 1.752.346 1.673,550 NET ASSETS 151.912 1,61XI.434 1,752,346 1.673,550 FUNDS Unre51¥icled funds Restricted fund5 15 151.912 1,600.434 1 55.772 1.517,778 TOTAL FUNDS 1.752,346 1.673,550 The choriloble compony is entitled lo exemplion Irom audil under Section 477 01 Ihe Companies Act 2006 for the yeor ended 31 Moy 2025. The members have not required the company lo obtain on oudil of its finonciol stotemenls lor the year ended 31 Moy 2025 in accordance with Section 476 of Ihe Componies Act 20)6. The tDJStee5 ocknowledge their re5ponsibililies for lol ensuring that the chorilable compony keeps occovnting records thol comply with Sections 386 ond 387 of the Companies Act 2006 ond prepaiing finoncial slolemenls which give o Irue ond foir view ol the stole ol afloirs ol the choriloble compony as ot the end ol eoch finoncial yeor and ol its 5urplu5 or delicil lor each finonciol yeor in occordonce with Ihe reqvirements of Sections 394 and 395 ond which otherwise comply with the requiremenls ol the Companies Acl 2C06 relating to finonciol slolements, so far as applicoble lo the choiilable company. The financial slalemenls were opproved by the Boald of Truslees and oulhorised for issue on . ond were signed on its behalf by: Gv G•ryWopll(Au¢I4,2025 L6..S6.UGf1} G Woolf- Trv5tee The notes form port of these Financial 51alements Pogell
Park Lane Slables RDA Cash Flow Stalement lor the Year Ended 31 May 2025 21y25 24 Notes Cash flows from opeiaHng acllvltles Cosh generoted trom operotions 37,457 S3,390 Net cosh FNovided by operoling octivilies 37.457 53.390 Cash ftows Irom Investlng activllies Purchose ol longible fued ossels hteresl received (82.656) 38 1315,9111 3.125 Nel cosh used in investing activitie5 (82.618) 1312.7861 Change In cash and cash equlvalents In the feporting peilod Cush and ¢o$h equlvolenl$ al the beginning ol the Teportlng perlod (45,161) 1259,3961 124.120 383,516 Cosh ond cash equfvalents ot the end ol the reportlng perlod 78,959 124,120 The notes form part of these finonciol statements Page 12
Pork Lane Slables RDA Notes to the Cash Flow Statement for the Yeor Ended 31 May 2025 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTivines 2025 2024 Mel Income lor the reportlng perfod (as per the Statement of Flnanclul Acllvllle5) Adjustments for. Depreciation chorges Intere51 received IncTe05e in debtors Ioecreosellincreose in credilors 78,796 32.831 27.569 (38) {48.922) (19.948) 27.569 13.1251 114,3091 10.424 Net cash wovlded by operotlons 37.457 53.390 ANALYSIS OF CHANGES IN NET FUNDS At 1.6.24 Cash flow Al 31.5.25 14el cash Cosh ol bonk ond in hand 124,120 (45,161) 78.959 124,120 (45,161) 78.959 Tolal 124.120 (45,161) 78.959 The note5 form port of these finoncial statements Po9e 13
Park Lane Slables RDA Note$ lo the Finonclol Slolements lor the Year Ended 31 Moy 2025 ACCOUNTING POUCIES Basls of preparlng the ffinanclal statements The financial stolemenls of the choritoble compony, which is o pvblic benefit entity under FRS 102. hove been prepared in occordonce with the Chorities SORP IFRS 1021 'Accounting and Reporting by Chorities.. Slolement ot Recommended Proclice applicoble to chorities preparing Iheir occovnls in accordance with the Financial Reporting Slondord oppficoble in the UK ond Republic of Ireland IFRS 1021 lefleclive l Jonvary 20191.. Finoncial Reporting Stondard 102 'The Finonciol Reporting Standard opplicoble in the UK ond Republic of Irelond, and the Componies Act 2006. The finonciol slolements hove been prepored vnder Ihe hislorical cost convenlion. Income All income is recognised in lh8 Stalement of Finonciol Aclivilie5 once the chority hos enlillement to the funds. il is Fyobable that the income will be ieceived and the amounl Con be measured reliably. Expendilure Liobililies ore recognised as expendilure os soon os Ihere is o legol or conslrvclive obligolion committing the chorily to that expenditvre. it is probable Ihot o tronsfer of economic benefits will be required in settlement and the amount of the obligolion con be meosvred reliobly. Expenditure is accounted lor on on occruals basis ond hos been clossified under heodings Ihot aggregate all cost reloled lo the colegory. Where cosls connof be directly ollribuled to porticulor heodings they have been ollocoted lo octivilies on a basis consi51enl with the use ol resources. Tanglble flxed assets Depreciotion is provided ot the following armuol roles in order lo write off each osset over its estimated useful life. Freehold prup¥ily Short1805ehold Plonl ond mochinery Computer equipment NIL Period of leose 20% on cost 25% on cost Toxallon The charity is exempt from corporotion tax on its charilable activilies. Fund aecounllng Unieslricled fund5 con be used in accordance with the chorilable objectives al the discretion of the trvstees. Reslricled lunds con only be used for partVIor striCted purposes within the objects of the choflty. Reslriclions arise when specified by Ihe donor or when lunds ore roised for particvlor reslricted purpose5. Further explanotion of the nature ond purpose of eoch fund is included in Ihe noles lo the finoncial 51alemenls. HSre purchase ond leoslng commllments Rentols paid undef operoting leoses ore chorged to the Slotemenl of Financiol Actpiilies on o stroight line basis over the period of Ihe lease. Penslon cos15 ond olher posl.relSiemenl benents The charitoble compony operoles o defined conlribvlion pension scheme. Contributions poyoble to the choriloble compony's pension scheme ore chorged lo the Slolemenl ol Financial Activiles in Ihe period lo which they felale. Page 14 conlinued...
Park Lane Slable$ RDA Noles to Ihe Flnanclal Slolements - contlnued lor Ihe Year Ended 31 May 2025 DONATIONS AND LEGACIES 2W25 2024 Gifls Donolions Gift aid Sale of horselpony 7,993 362.572 6.188 3,000 14.412 327.417 1.126 379.753 342.955 OTHER TRADING ACTIVITIES 2tr25 2024 Fundroising evenls Sponsorships 3.990 13.917 18.762 3.990 32.679 INVESTMENT INCOME 2025 2024 Deposil occounl inleresl 38 3,125 INCOME FROM CHARITABLE ACTIVITIES 2025 2024 Activity Chariloble Gronls 125,357 109.460 The chorily was awarded 13 grants dur¢ng Ihe accovnling yeor, ol which 10 lor a lolal omounl of £118,107 were iestricled and 3 for o lotol omovnt of £7,250 were uniestricted. The grantors who hove oulhoiised pvblicolion of details ol their reslricted owords and the amounts received by the chority ore City Bridge Foundolion which is the funding orm of The Cily of London Corporation's choiity, Bridge House Estates 1£27.8521, Homplon Fund 1£20,0001. Heothrow Communily Trusl 1£15,0001, London Freemosons, Chority. The Hobson Chority l£13,5511 and The London Morolhon Foundolion1£20,0001. CHARITABLE ACTIVITIES COSIS Support costs (see note 71 Direct C0515 Tolols Charitoble 339,115 91.227 430.342 Poge15 continued...
Pork lane Stable5 RDA Noles to the Flnanclal Statements - eontinuèd for the Year Ended 31 May 2025 SUPPORT COSTS Governance costs Manogement Finance Tolols Charitable 36.175 27.569 27,483 91.227 NET INCOMEI(EXPENDITURE) Nel incomellexpendilurel Stoted atlei chorgingllcredilingl.. 2(r25 Xi24 Deprecialion - owned assets Other operoling leoses Indep8ndenl exominotion 27.569 22,725 2.915 27.569 55.791 2,772 TRUSTEES, REMUNERATION AND BENEFITS There were no Iruslees, remunerotion or olher benefits lor the y80r ended 31 May 2025 nor for the yeor ended 31 May 2024. Trustees, expenses There were no trustees. expenses poid for the year ended 31 May 2025 nor for the yeor ended 31 Moy 2024. io. STAFF COSTS 2025 2024 Woges ond solories Sociol security costs Other pension costs 208,752 7,190 5.750 201 ,585 3,074 5,548 221.692 210,207 The overoge monthly number of employees dvring the yeor wos as follow5: 2025 16 2024 12 Slo No employees receivcd emolumenl?J in excess of £60.000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unreslricled fund Reslricted funds Totol nds INCOME AND ENDOWMENTS IROM Donations ond legocies 342.955 342.955 Chaiilable activilie5 Choriloble 109,460 109.460 Other troding oclivities Investment income 32.679 3,125 32,679 3,125 Total 488.219 488,219 Page 16 continued...
Park Lone Slables RDA Noles to Ihe Financial Slatements - continved for Ihe Yeaf Ended 31 May 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - conllnved Unreslricted fund Restricled funds Tolol funds EXPENDITURE ON Chafllable actlvlties Choritoble 455.388 455,388 NET INCOME Transfers between lunds 32.831 197.8961 32.831 97.896 Net movement In lunds 165.0651 97,896 32.831 RECONCILIATION OF FUNDS Total fvnds brovghl forword 220.837 1.419,882 1.640.719 TOTAL FUNDS CARRIED FORWARD 155,772 ,517,778 1,673,550 12. TANGIBLE FIXED ASSETS Freehold property Short leasehold Plonf ond machinery Computer equipment Totals COST Al l June 2024 Additions 1,517,778 82.&56 15.000 137.750 700 1,671.228 82.656 At 31 Moy 2025 1,600,434 15.000 137.750 700 1,753,884 DEPRECIATION Al l Jvne 2024 Chafge loryeor 15.000 74.267 27.394 350 175 89,617 27.569 At 31 Moy 2025 15,000 101.661 $25 117.186 NET BOOK VALue At 31 Moy 2025 1,600.434 36.009 175 7.630.698 At 31 Moy 2024 1,517,778 63,483 350 The freehold property slobles ond connected premises ol Teddinglon were purchased in Decembèr 3)21. 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2IY2S 2024 Tfode deblcKs Prepaymenls and occnjed income 15,696 50.000 12,417 4.357 65,696 16.774 Poge 17 continued...
Park Lane Stables RDA Notes to the Flnanclal Statements . conlinued lor the Yeor Ended 31 May 2025 14. CREOITORS". AMOUNTS FALIING DUE WITHIN ONE YEAR 2025 2024 Trode credilor5 Social security and other taxes Other creditors AccnJed expenses 14,723 7.738 2.018 4.528 24,670 7.781 2,075 14,429 29.007 48,95S 15. MOVEMENI IN FUNDS Net movement in funds Tronsfers beeen funds Al 31.5.25 Al 1.6.24 Unrestrleted funds Generol fund 155.772 78.796 (82,656) 151,912 Restrlcted lunds Property account 1,517,778 82,656 1,600.434 TOTAL FUNDS 1,673.550 78,796 1,752.346 Nel movement in funds, included in the above are os follows.. Incoming resources Re50vrces expended Movement in lunds Unre$trS¢led Ivnds Generol fund 391.031 (312.235) 78.796 Reslrlcled lunds Restricted Fund 118.107 (118,107) TOTAL PUNDS 509.138 (430,342) 78,791 Comporolives lor mov¢menl In fvnd$ Net movemenl in hjnds Tronsfers between funds Al 31.5.24 At 1.6.23 Unrestrkled lunds General fund 2KI,837 32,831 197,8961 155.772 Restricled funds Property occounl 1.419.882 97.896 1.517.778 TOTAL FUNDS 1.640.719 32,831 1.673.550 Poge 18 continued...
Park Lane Stables RDA Notes to Ihe Flnancial Slatements - contlnued for the Year Ended 31 May 2025 15. MOVEMENT IN FUNDS - contlnued Comporotive net movement in funds. included in the obove ore os follows: Incoming resources Resources expended Movemenl in funds Unrestrlcted lunds General nd 488.219 1455,3881 32.831 TOTAL FUNDS 488,219 1455,3881 32.831 A currenl year 12 months ond prioi year 12 months combined position is os follows.. Nel movement in funds Tron5ters between funds At 31.5.25 Al 1.6.23 Vniestrlcted fvnds Generol fund 220,837 111,627 1180.5S21 151.912 Resfrlcted lunds Property occount 1.419.882 180,552 1,600.434 TOTAL FUNDS 1.640.719 111,627 1,752.346 A current year 12 months and prior year 12 months combined net movemenl in funds, included in the obove are as follows.. Incoming resources Resources expended Movemenl in funds Unfestrlcled fvnds Generol lund 879,250 1767.6231 111,627 Restrlcted lunds Restricted Fund 118,107 1118.1071 TOTAL FUNDS 997,357 1885,7301 111.627 Tronsfers befv4een fvnds t)vring the year a Ironsler was mode from unrestricled to reslricled funds lo account for Ihe funds spent on the property held within restricted lund5. Poge 19 continued...
Park Lane Stables RDA Noles to the Flnanclal Statements . conlinved lor the Year Ended 31 May 2025 16. RELATED PARTY DISCIOSURES Oonotions received by various porties related lo the tslee$ omovnled lo £7.30012024- £14,1861 in the year. 17. POST 6ALANCE SHEET EVENTS The chority wos bequeolhed o shore of o residuory estale Under o wli I where after Ihe occounling period end il received an interim poymenl of £40,000, which il is expected wll be occounled for in Ihe following year. Any further payment under the will and liming of its receipt connot be ascertoined reliably os of Ihe opprovol dole ol these occounls. Poge Ki