2022-03-31-accounts - The Cavalier Centre Ltd

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Reference and Administrative Details	Reference and Administrative Details	Reference and Administrative Details
Trustees' Report			2 to 8
independent Examiner's		Report
Statement ofFinancial		Activities	10to 11
Balance Sheet			12to 13
Notes to the Financial	Statements		14to 27

				Reference and Administrative	Reference and Administrative	Reference and Administrative	Details
Chair				Selina Graham
Trustees				Selina Graham
				Jane Barker
				Edward Andrewes
				Lynn Aucott
				Sarah Baugh
				Dennis Hill
				Valerie Hill
				Kelda Wood
				David Young
Secretary				Dennis Hill
Charity Registration			Number	1163030
Company	Registration		Number	08737154
				The charity is incorporated		in England	and Wales.
Registered		Oftice		The Cavalier Centre
				Bradley Farm
				Farley
				Much Wenlock
				Shropshire
				TF136PE
Independent		Examiner		CBSLAccountants	Limited
				Rowan House North
				1 The Professional	Quarter
				Shrewsbury Business Park
				Shrewsbury
				Shropshire
				SY26LG
Bankers				HSBC
				33 High Street
				Shrewsbury
				Shropshire
				SY1 ISL

The trustees	the year and	since the	year end	were as follows;
Chair:	Selina Graham
Trustees;	Selina Graham
	Jane Barker
	Edward Andrewes
	Lynn Aucott
	Sarah Baugh
	Dennis Hill
	Valerie Hill
	Kelda Wood (appointed		30April	2022)
	David Young
	Anna Rose	Bowler	(resigned	14 July
	2021)
Secretary:	Dennis Hill

				Unrestricted	Restricted	Total
				funds	funds	2022
			Note
Income and Endowments		from:
Donations and legacies				51,970	59,577	111,547
Charitable activities				87,746		87,746
Other trading activities				10,625		10,625
Investment income				17		17
Total income				150,358	59,577	209,935
Expenditure on:
Raising funds Charitable activities			7 8	(3,231) ~i125,866	(700) ~s3,290	(3,931) (219,156)
Total expenditure				(129,097)	93,990)	223,087
Net income/(expenditure)				21,261	34,413	(13,152
Net movement in funds				21,261	(34,413)	(13,152)
Reconciliation offunds
Total funds brought	forward			165,640	1,269,698	1,435,338
Total funds carried	forward		21	186,901	1,235,285	1,422,186

			Unrestricted	Restricted	Total
			funds	funds	2021
		Note
Income and Endowinents	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			151,025	106,969	257,994
Expenditure on:
Raising funds Charitable activities		7 8	(20,199) ~87,669	(25) ~))9676)	(20,224) ~7207,343
Total expenditure Net income/(expenditure)			~f107,868 43,157	(119,701) ~12,732)	(227,569) 30,425
Net movement in funds			43,157	(12,732)	30,425
Reconciliation offunds
Total funds brought forward			122,483	1,282,430	1,404,913
Total funds carried forward		21	165,640	1,269,698	1,435,338

		Bal	ance Sheet as at	31March 202	2
					2022	2021
				Note
Fixed assets
Tangible assets				15	1,230,731	1,260,378
Current assets
Debtors				16	17,866	2,143
Cash at bank and in hand				17	210,318	198,189
					228,184	200,332
Creditors: Amounts		falling due within	one year	18	~(36,729	~(2(,372
Net current assets					191,455	174,960
Net assets					1,422,186	1,435,338
Funds ofthe charity:
Restricted income	funds
Restricted funds					1,235,285	1,269,698
Unrestricted income		funds
Designated Funds					107,123	82,293
Unrestricted Funds					79,778	83,347
Total unrestricted	funds				186,901	165,640
Total funds				21	1,422,186	1,435,338

value, over their	expected useful economic life as follow	s;
Asset class		Depreciation	method	and rate
Fixtures, fittings	and riding equipment	25%straight	line
Motor vehicles		10%strai ght	line
Ponies		10%straight	line
Leasehold buildings		straight line	over the	lease term

3	Income	from	donation	s	and legacies
						Unrestricted
						funds	Restricted	Total		Total
						General	fundsf	2022 g		2021
Donations and legacies;
	Donations	&om	companies,		trusts and
	similar proceeds					5,789		5,789		4,540
	Donations	from	individuals			26,492	1,660	28,	152	45,659
Grants, including			capital grants;
	Grants trom other charities					19,689	57,917	77,606		116,338
						51,970	59,577	111,547		166,537
4	Income	from	charitable		activities
							Unrestricted
							funds	Total		Total
							General	2022		2021
	Riding, driving,		vaulting	and hippotherapy			55,109	55,109		9,068
	Facilities	hire					32,275	32,275		8,520
	Coronavirus Job Retention				Scheme		362		362	46,719
							87,746	87,746		64,307
5	Income	from	other trading activities
							Unrestricted
							funds	Total		Total
							General	2022		2021
										f.
Local fundraising			events	and	merchandise	income	10,625	10,625		27,112
							10,625	10,625		27,112

					Unrestricted
					funds	Restricted	Total
					General	funds	funds
				Note
Fundraising	events	and merchandise	costs		3,231	700	3,931
Total for 2022					3,231	700	3,931
Total for 2021					20,199	25	20,224

8 Expend		iture	on	c	haritab	le activities
							Unrestricted
							funds	Restricted		Total	Total
							General	funds		2022	2021
						Note
Riding, driving,			vaulting
and hippotherapy							22,899			22,899	14,431
Depreciation,
amortisation		and	other
similar costs							5,868		47,858	53,726	61,701
Staff costs							73,332		40,764	114,096	94,267
Allocated	support costs						20,708		4,668	25,376	31,140
Governance		costs					3,059			3,059	5,806
							125,866		93,290	219,156	207,345
The riding,		driving,		vaulting		and hippotherapy	expenditure	is analysed	as follows:
								Unrestricted
								funds		Total	Total
								General		2022	2021
										g
Pony hire,		livery, vet			and farrier fees				15,022	15,022	7,623
Insurance	and membership								6,096	6,096	6,019
Lorry and		equipment			repairs	and maintenance			1,781	1,781	789
									22,899	22,899	14,431

				Unrestricted
				funds	Restricted	Total
				General	funds	2022
Phone, stationery	and	administration	costs	8,399		8,399
Website and marketing		costs		24	3,458	3,482
Staff training				233		233
Travel costs				125		125
Rent				1,708		1,708
Building maintenance		and equipment	repairs and renewals	5,541	1,210	6,751
Light, heat and power				3,684		3,684
Bank charges				994		994
				20,708	4,668	25,376
				Unrestricted
				funds	Restricted	Total
				General	funds	2021
Phone, stationery	and	administration	costs	1,610	4,782	6,392
Website and marketing		costs		161	5,188	5,349
Stafftraining				118	1,141	1/59
Travel costs				151		151
Rent				1,831	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
				7,596	23,544	31,140

Governance		costs
					Unrestricted
					funds	Total	Total
					General	2022	2021
						g
independent	examiner fees
Examination		ofthe financial		statements	1,944	1,944	1,890
Legal fees					1,115	1,115	3,916
					3,059	3,059	5,806
10 Net incoming/outgoing			resources
Net (outgoing)/incoming			resources for the year include:
						2022	2021
Loss / (Profit)		on disposal	of	fixed assets held for the charity's	own use	(1,468)	7,200
Depreciation		offixed assets				55,194	54,501
11 Independent examiner's				remuneration
						2022	2021
Examination		ofthe financial		statements		1,944	1,890

The aggregate payr	oll costs were as follows:
		2022	2021
Staff costs during	the year were:
Wages and salaries		107,099	89,487
Social security costs		4,143	2,397
Pension costs		2,854	2,383
		114,096	94,267

2022	2021
No	No

15 Tangible fixed assets
	Land aud	Furniture and		Other tangible
	buildings	equipment	Motor vehicles	fixed asset	Total
Cost
At I April 2021 Additions Disposals	1,317,747 19,082	42,183 4,748 ~t4tltl	42,625	13,345 4,750 ~3,250	1,415,900 28,580 ~3,65tl)
At 31 March 2022	1,336,829	46,531	42,625	14,845	1,440,830
Depreciation
At I April 2021	87,434	30,088	34,913	3,087	155,522
Charge for the year Eliminated on disposals	44,087	5,912 ~0400	3,948	1,247 ~4422))77	55,194 ~66))77))
At 31March 2022	131,521	35,600	38,861	4, 117	210,099
Net book value
At 31 March 2022	1,205,308	10,931	3,764	10,728	1,230,731
At 31 March 2021	1,230,313	12,095	7,712	10,258	1,260,378

18 Credit	ors: am	ounts falling	due within one year
				2022	2021
Other taxation and		social security		2,133
Other creditors					401
Accruals				3,120	3,689
Deferred	income			31,476	21,282
				36,729	25,372
				2022	2021
Defened Resources Amounts	income at 1 April deferred in the period released trom previous		periods	21,282 14,362 ~4, 168	13,983 14,211 ~6,912
Deferred	income at year end			31,476	21,282

21 Funds
									Balance at
					Balance at I	Incoming	Resources		31March
					April 2021	resources	expended	Transfers	2022
Unrestricted funds
C9enerai
General					83,347	150,358	(129,097)	(24,830)	79,778
Designated
Designated					82,293			24,830	107,123
Total unrestricted		funds			165,640	15' ,3511	~f129,097		186,901
Restricted funds
Cavalier Centre					1,254,753	17,560	(48,468)	680	1,224,525
Riding, driving,	vaulting			and
hippotherapy and		running		cost
donations					4,600	2,200	(1,300)		5,500
Family &Volunteer			Links
Manager						13,967	(12,691)		],276
Sport England						680		(680)
National Lottery		grant			3,458		(3,458)
COVID support	appeal				3,460	2,000	(5,460)
Step in the Right		Direction
project					3,427	13,214	(12,657)		3,984
Energize Shropshire WheelPovter						9,156 80tl	(9,156) ~800)
Total restricted	funds				1,269,698	59,577	~93,99tl)		1,235,285
Total funds					1,435,338	209,935	~223,087		1,422, 186

									Balance at
					Balance at I	Incoming	Resources		31March
					April 2020	resources	expended f	Transfers	2021
Unrestricted funds
General
General					68,535	151,025	(107,868)	(28,345)	83,347
Deslgnaterl
Designated					53,948			28,345	82,293
Total unrestricted		funds			122483	151.tl25	~707868		165,640
Restricted
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 support	appeal					21,138	(17,678)		3,460
Step in the Right project		Direction				7,55tl	~4, 123]		3,427
Total restricted	funds				1,282,43tl	106,969	~119,701		1,269,698
Total funds					1,404,913	257,994	(227,569)		1,435,338

					Total funds at
		Unrestricted	funds	Restricted	31March
		General	Designated	funds	2022
Tangible	fixed assets	18,247		1,212,484	1,230,731
Current Current	assets liabilities	75,904 ~()4.373	107,123	45,157 ~22,366	228,184 ~36,729)
Total net assets		79,778	107,123	1,235,285	1,422,186
					Total funds at
		Unrestricted	funds	Restmcted	31March
		General	Designated	funds	2021
Tangible	fixed assets	30,904		1,229,474	1,260,378
Current Current	assets Ii abilities	56,533 ~)4,090	82,293	61,506 ~12),232	200,332 ~25.372)
Total net assets		83,347	82,293	1,269,698	1,435,338