2021-03-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2 to 7
Statement ofTrustees'	Responsibilities
Independent Examiner's	Report
Statement ofFinancial	Activities	10to 11
Balance Sheet		12
Notes to the Financial	Statements	13to 26

			Reference and Administrative	Reference and Administrative	Reference and Administrative	Reference and Administrative	Reference and Administrative	Reference and Administrative	Details	Details
Trustees				Selina Graham,		Chair
				Jane Barker
				Edward Andrewes
				Lynn Aucott
				Sarah Baugh
				Anna Bowler
				Dennis Hill
				Vaterie Hill
				David Young
Secretary				Dennis Hill
Principal	Office and Registered			The Cavalier	Centre
Office				Bradley Farm
				Farley
				Much Wenlock
				Shropshire
				TF136PE
				The charity is incorporated				in	England	and Wales.
Company	Registration		Number	08737154
Charity Registration			Number	1163030
Bankers				HSBC
				33 High Street
				Shrewsbury
				Shropshire
				SYI ISL
Independent		Examiner		CBSLAccountants			Limited
				Rowan House		North
				1 The Professional			Quarter
				Shrewsbury	Business Park
				Shrewsbury
				Shropshire
				SY2 6LG

			and Lo	sses)
				Unrestricted			Total
			Note	funds	Restricted f.	funds	2021 f
Income and Endowments		from:
Donations and legacies				59,568		106,969		166,537
Charitable activities				64,307				64,307
Other trading activities				27,112				27,112
Investment income				38				38
Total income				151025		106969		257 994
Expenditure on:
Raising funds				(20,199)		(25)		(20,224)
Charitable activities				87669	119676		207 345
Total expenditure				107868	119701		227 569
Net income/(expenditure)				43 157		12732		30425
Net movement in funds				43,157		(12,732)		30,425
Reconciliation offunds
Total funds brought	forward			122483	I	282 430	I	404913
Total funds carried	forward		21	165640	I	269698	I	435 338

				and L	osses)
					Unrestricted		Total
					funds	Restricted funds	2020
				Note
Income and Endowments			from:
Donations and	legacies				120,277	82,630	202,907
Other trading	activities				5,653	8,961		14,614
Investment income					130			130
Total income					126060	91 591	217651
Expenditure	on:
Raising funds					(1,074)	(732)		(1,806)
Charitable activities					114510	87296	201 806
Total expenditure					115584	88 028	2036]2
Net income					10476	3 563		14039
Net movement	in funds				10,476	3,563		14,039
Reconciliation	offunds
Total funds brought		forward			112007	1 278 867	1	390 874
Total funds carried		forward		21	122483	1 282430	1	404 913

		Balance Sheet as at	31March 202	1	1
				2021		2020
			Note	f.
Fixed assets
Tangible assets			15	1,260,378		1,309,413
Current assets
Debtors			16		2,143	8,316
Cash at bank	and in hand		17		198 189	112055
					200,332	120,371
Creditors: Amounts		falling due within one year	18		25 372	24 871
Net current	assets				174960	95 500
Net assets				1	435 338	1 404 913
Funds ofthe	charity:
Restricted				1,269,698		1,282,430
Unrestricted	income	funds
Unrestricted					83,347	68,535
Designated					82,293	53,948
Total funds			21	1	435 338	1 404 913

3 Incom	e from donations	and legacies
			Unrestricted
			funds	Restricted	Total
			General	funds	funds
Donations	and legacies;
Donations	from companies,	trusts and similar proceeds	4,540		4,540
Donations	from individuals		43,619	2,040	45,659
Grants, including capital grants;
Grants from other charities			ll 409	104929	116338
Total for	2021		59 568	106969	166537
Total for	2020		120277	82 630	202 907

4 Income from	charita	bl	e activities
						Unrestricted
						funds	Total
						General g	fundsf
Riding, driving,	vaulting	and hippotherapy				9,068		9,068
Facilities hire						8,520		8,520
Coronavirus Job	Retention		Scheme			46 719		46 719
Total for 2021						64 307		64 307
Total for 2020
5 Income from other		trading activities
					Unrestricted
					funds	Restricted	Total
					General	funds	funds
						8
Local fundraising	events	and merchandise		income	27 112			27 112
Total for 2021					27 112			27 112
Total for 2020					5,653	8,961		14614

6 Investment in	come
		Unrestricted
		funds		Total
		General		funds
		f
Interest receivable	and similar income;
Interest receivable	on bank deposits		38		38
Total for 2021			38		38
Total for 2020			130		130

			Unrestricted
			funds	Restricted		Total
			General	funds		funds
			f
Fundraising	events and merchandise	costs	20 199		25		20 224
Total for 2021			20 199		25		20 224
Total for 2020			I 074		732		1,806

8 Expendit	ure on	charitable a	ctivities
			Unrestricted
			funds	Restricted	Total	Total
			General	funds	2021	2020
		Note				0
Riding, driving,
vaulting and
hippotherapy				14,431	14,431	31,122
Depreciation,
amortisation	and
other similar	costs		14,312	47,389	61,701	53,143
Staffcosts			59,955	34,312	94,267	79,993
Allocated support
costs		9	7,596	23,544	31,140	29,863
Governance	costs	9	5 806		5 806	7 685
			87 669	119676	207 345	201 806

				Unrestricted
				funds	Restricted		Total
				General	funds		funds
Pony hire,	livery, vet	and farrier fees			7,623			7,623
Insurance	and membership				6,019			6,019
Lorry and	equipment	repairs	and maintenance			789		789
Total for	2021				14	431		14431
Total for	2020			27 017	4	105		31 122

Other resources	expe	nded
				Unrestricted
				funds	Restricted		Total
				General	funds		2021
Phone, stationery	and	administration	costs	1,611	4,782			6,393
Website and marketing		costs		161	5,188			5,349
Staff training				118	1,141			1,259
Travel costs				151				151
Rent				1,83]	1,832			3,663
Building maintenance		and equipment	repairs and
renewals				3,196	8,330			11,526
Light, heat and power					2,271			2,271
Bank charges				529				529
				7597	23	544		31 141
				Unrestricted
				funds	Restricted		Total
				General	funds		2020
Phone, stationery	and	administration	costs	9,353		448		9,801
Website and marketing		costs		1,493				1,493
Stafftraining				2,802				2,802
Travel costs				2,869				2,869
Rent				1,975				1,975
Building maintenance		and equipment	repairs and
renewals				7,278				7,278
Light, heat and power				2,798				2,798
Bank charges				847				847
				29415		448		29 863

Governance	costs
				Unrestricted
				funds	Restricted	Total
				General	funds	funds
Independent	examiner	fees
Examination	ofthe financial		statements	1,890			1,890
Legal fees				3916			3 916
Total for 2021				5 806			5 806
Total for 2020				3 365	4 320		7685

10	Net incoming/outgoing	resources
Net	incoming resources for	the year include:

10 Net incoming/outgoing resources Net incoming resources for the year include:
		2021		2020
Loss / (Profit) on disposal offixed assets held for the charity's	own use		7,200	(1,000)
Depreciation offixed assets			54 501	54 143

12 Staff costs The aggregate payroll costs were as follows:
	2021		2020
Staff costs during the year ivere:
Wages and salaries		89,487		76,113
Social security costs		2,397		2,857
Pension costs		2 383		I 023
		94267		79993

2021	2020
No	No

				2021 f			2020f
Examination	ofthe	financial	statements		1	890		I	890

15 Tangible fixed as	sets
	Land	and	Furniture	and		Other tangible
	buildings g		equipment		Motor vehicles f	fixed asset g	Total
Cost
At I April 2020	1,309,875			40,639	42,625	19,095	1,412,234
Additions		8,382		1,544		3,250	13,176
Disposals		510				9 000	9510
At 31 March 2021	I	317747		42 183	42 625	13345	I 415900
Depreciation
At I April 2020		43,662		24,848	30,650	3,661	102,821
Charge for the year		43,772		5,240	4,263	1,226	54,501
Eliminated on
disposals						I 800	I 800
At 31 March 2021		87434		30088	34913	3 087	155 522
Net book value
At 31 March 2021	I	230 313		12095	7 712	10258	I 260 378
At 31 March 2020	I	266 213		15,79]	11975	15434	I 309413

18 Credit	ors: am	o	unts falling	due within one year
					2021		2020
					f.
Trade creditors							344
Other taxation and			social security				1,753
Other creditors						401	4,938
Accruals						3,689	3,853
Deferred	income					21 282	13983
						25 372	24 871
					2021		2020
Deferred	income at		1 April 2020			13,983	16,044
Resources	deferred		in the period			14,211	13,983
Amounts	released	from previous		periods		6 912	16044
Deferred	income at		year end			21 282	13983

21 Funds
				Balance	at I	Incoming	Resources		Balance at 31
				April 2020		resources	expended	Transfers	March 2021
				f.
Unrestricted funds
General
General					68,535	151,025	(107,868)	(28,345)	83,347
Designarerl
Designated					53 948			28 345	82 293
Total unrestricted		funds		122483		151025	107868		165640
Restricted funds
Cavalier Centre				1,277,937		31,336	(54,520)		1,254,753
National RDA Fundraising
grant					493		(493)
Riding, driving,	vaulting		and
hippotherapy and running			cost
donations					4,000	6,240	(5,640)		4,600
Family &Volunteer		Links
Manager						6,912	(6,912)
Sport England						6,300	(6,300)
National Lottery	grant					27,493	(24,035)		3,458
COVID suppost	appeal					21,138	(17,678)		3,460
Step in the Right	Direction
project						7550	4 123		3 427
Total restricted	funds			I 282 430		106969	]19701		I 269698
Total funds				I 404 913		257 994	227 569		I 435 338

									Balance
					Balance at I	Incoming	Resources		at 31 March
					April 2019	resources f	expended	Transfers	2020
Unrestricted	funds
Gerrernl
General					112,007	126,060	(115,584)	(53,948)	68,535
Dealgnnlerl
Designated								53 948	53	948
Total unrestricted			funds		112007	126060	115584		122	483
Restricted
Cavalier Centre					1,268,283	56,719	(47,065)		1,277,937
National RDA Fundraising
grant					1,225		(732)			493
Riding, driving,		vaulting		and
hippotherapy	and running			cost
donations					9,359	3,801	(9,160)		4,000
Family &Volunteer			Links
Manager						26,751	(26,751)
Sport England						4 320	4 320
Total restricted		funds			I 278 867	91 591	88 028		I 282	430
Total funds					I 390874	217,651	203 612		I 404	913

					Total funds
		Unrestricted	funds	Restricted	at 31March
		General	Designated f.	fundsf	2021
Tangible	fixed assets	30,904		1,229,474	1,260,378
Current	assets	56,533	82,293	61,506	200,332
Current	liabilities	4 090		21 282	25 372
Total net assets		83 347	82 293	1 269698	1 435 338
					Total funds
		Unrestricted	funds	Restricted	at 31March
		General	Designated	funds	2020
Tangible	fixed assets	32,135		1,277,278	1,309,413
Current	assets	42,351	53,948	24,072	120,37]
Current	liabilities	5 951		18920	24 871
Total net assets		68 535	53 948	1 282,430	1 404,913