2023-03-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Ttttstees' 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 25

			Reference and Administrative	Reference and Administrative	Reference and Administrative	Reference and Administrative	Reference and Administrative	Details	Details
President				Henry Seymour,	Marquess		of	Hertford
Vice President				Catherine, Lady Forester
Patron				Kelda Wood, MBE
Chair				Selina Graham
Trustees				Selina Graham
				Jane Barker, MBE
				Edward Andrewes
				Lynn Aucott
				Sarah Baugh
				Teresa Black
				Mark Hamilton-Russell
				Dennis Hill
				Valerie Hill
Secretary				Dennis Hill
Charity	Registration		Number	1163030
Company	Registration		Number	08737154
				The charity is incorporated			in	England	and Wales.
Registered		Office		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
				SY2 6LG
Bankers				HSBC
				33 High Street
				Shrewsbuty
				Shropshire
				SY1 1SL

Chair:	Selina Grahain
Trustees:	Selina Graham
	Jane Barker, MBE
	Edward Andrewes
	Lynn Aucott
	Sarah Baugh
	Teresa Black (appointed	4 August	2022)
	Mark Hamilton-Russell	(appointed	4 August 2022)
	Dennis Hill
	Valerie Hill
	Kelda Wood (appointed	30 April	2022 and resigned 26 January 2023)
	David Young (resigned	4 August	2022)
Secretaiy:	Dennis Hill

			and Lo	sses)
				Unrestricted	Restricted	Total
			Note	funds	fundsf	2023f
Income and Endowments		from:
Donations and legacies				16,066	197,680	213,746
Charitable activities				133,513		133,513
Other trading activities				6,448		6,448
Investment income				473		473
Total income				156,500	197,680	354,180
Expenditure on:
Raising funds Charitable activities				(4,609) (160,774)	)114,728)	(4,609) ~277,782)
Total expenditure				165,383)	(114,728	(280,111)
Net (expenditure)/income				(8,883)	82,952	74,069
Transfers between	funds			18,390	(18,390)
Net movement in funds				9,507	64,562	74,069
Reconciliation offunds
Total funds brought	forward			186,901	1,235,285	1,422,186
Total funds carried	forward		21	196,408	],299,847	1,496,255

			and Lo	sses)
				Unrestricted	Restricted	Total
				funds	funds	2022
			Note
Income and Endoivments		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	(3,23 I) ~125.866)	(700) (93,290)	(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

		Balan	ce Sheet as at	31March 2023
					2023	2022
				Note
Fixed assets
Tangible assets				15	1,292,421	1,230,731
Current assets
Debtors				16	20,064	17,866
Cash at bank and in hand				17	189,137	210,318
					209,201	228,184
Creditors: Amounts		falling due within	one year	18	(5,367)	l36,729i
Net current assets					203,834	191,455
Net assets					1,496,255	1,422,186
Funds ofthe charity:
Restricted income	funds
Restricted funds					1,299,847	1,235,285
Unrestricted income		funds
Designated Funds					107,697	107,123
Unrestricted Funds					88,711	79,778
Total unrestricted	funds				196,408	186,901
Total funds				21	1,496,255	1,422,186

				Unrestricted	funds	Restricted	Total	Total
				Designated	General	funds	2023	2022
				f.
Donations	and legacies;
Donations		fiom	companies,
trusts and		similar proceeds			3,796	1,291	5,087	5,789
Donations		from	individuals	601	11,669		12,270	28,152
Grants, including			capital
grants;
Grants	fiom other charities					196,389	196,389	77,606
				601	15,465	197,680	213,746	111,547

									Unrestricted
									funds	Total	Total
									General	2023	2022
	Riding, driving,		vaulting		and		hippotherapy		102,835	102,835	55,109
	Facilities hire								30,678	30,678	32,275
	Coronavirus	Job Retention				Scheme					362
									133,513	133,513	87,746
5	Income from		other trading				activities
									Unrestricted
									funds	Total	Total
									General	2023	2022
Local fundraising			events		and	merchandise		income	6,448	6,448	10,625
									6,448	6,448	10,625
6	Investment	income
									Unrestricted
									funds	Total	Total
									General	2023	2022
Interest receivable			and sunilar				income;
	Interest receivable			on bank		deposits			473	473	17
7	Expenditure		on	raising		funds

				Unrestricted
				funds	Restricted	Total
				General	funds	funds
Fundraising	events	and merchandise	costs	4,609		4,609
Total for 2023				4,609		4,609
Total for 2022				3,231	700	3,931

8 Expendit	ure	on chari	table activiti	es
				Unrestricted	fuads	Restricted	Total
				Designated	General	funds	2023
			Note
Riding, driving,
vaulting and
hippotherapy					28,652	3,130	31,782
Depreciation,
amottisation	and
other similar	costs				4,320	50,646	54,966
Staff costs					100,217	54,114	154,331
Allocated support
costs				27	24,496	6,838	31,361
Governance	costs				3,062		3,062
				27	160,747	114,728	275,502
					Unrestricted
					funds	Restricted	Total
					General	funds	2022
				Note		f.
Riding, driving,		vaulting	and
hippotherapy					22,899		22,899
Depreciation,	amortisation		and other
sitnilar costs					5,868	47,858	53,726
Staff costs					73,332	40,764	114,096
Allocated support costs					20,708	4,668	25,376
Governance	costs				3,059		3,059
					125,866	93,290	219,156

					Unrestricted
					funds	Restricted	Total	Total
					General	funds	2023	2022
Pony hire, livery, vet			and farrier
fees					18,676	630	19,306	15,022
Training	and specialist			instructors	350		350
Insurance		and membership			7,652		7,652	6,096
Lony and		equipment	repairs and
maintenance					1,974		1,974	1,781
Learning		resources				2,500	2,500
					28,652	3,130	31,782	22,899

				Unrestricted	funds	Restricted	Total
			Designated		General	funds	2023
Phone, stationery	and
administration costs					6, 198	909	7,107
Website and marketing		costs			178		178
Stafftraining					3,158		3,158
Travel costs					522	176	698
Rent					4,708		4,708
Building maintenance		and
equipment repairs	and	renewals			4,654	5,753	10,407
Light, heat and power					3,310		3,310
Bank charges				27	953		980
Bad debt written	off				815		815
				27	24,496	6,838	31,361
					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	Unrestricted
						funds	Total	Total
						General	2023	2022
Independent	examiner		fees
Exainination		ofthe financial			statements	1,944	1,944	1,944
Legal fees						1,118	1,118	1,115
						3,062	3,062	3,059
10 Net incoming/outgoing				resources
Net incoming/(outgoing)				resources for the year include:
							2023	2022
Loss / (Protit)		on disposal		of	fixed assets held for the charity's	own use	(301)	(1,468)
Depreciation		offixed	assets				55,267	55,194
11 Independent examiner's					remuneration
							2023	2022f
Examination		ofthe financial			statements		1,944	1,944

		2023	2022
Staff costs during	the year were:
Wages and salaries		143,104	107,099
Social security costs		7,206	4, 143
Pension costs		4,021	2,854
		154,331	114,096

2023	2022
No	No

15 Tangible fixed ass	ets
	Land and	Furniture and		Other tangible
	buildings	equipment	Motor vehicles	fixed asset	Total
Cost
At I April 2022	1,336,829	46,531	42,625	14,845	1,440,830
Additions	116,255	702			116,957
At 31 March 2023	1,453,084	47,233	42,625	14,845	1,557,787
Depreciation
At I April 2022	131,52]	35,600	38,861	4,117	210,099
Charge for the year	46,404	6,588	1,028	1,247	55,267
At 31 March 2023	177,925	42,188	39,889	5,364	265,366
Net book value
At 31 March 2023	1,275,159	5,045	2,736	9,48]	1,292,421
At 31 March 2022	1,205,308	10,931	3,764	10,728	1,230,731

16 Debtors
	2023	2022
Trade debtors	15,073	11,325
Prepayments	4,991	6,541
	20,064	17,866
17 Cash and cash equivalents
	2023	2022f
Cash at bank	189,137	210,318

18 Credit	ors: am	ounts falling	due ivithin one year
				2023	2022
				g
Other taxation and		social security		469	2,133
Accruals				4,898	3,120
Deferred	income				31,476
				5,367	36,729
				2023	2022f
Deferred	income at 1 April			31,476	21,282
Resources	deferred	in the period			14,362
Atnounts	released	t'rom previous	periods	l31,476)	(4,168)
Deferred	income at year end				31,476

21 Funds
										Balance at
					Balance at 1		Incoming	Resources		31March
					April f	2022	resources	expended f	Transfers	2023
Unrestricted funds
General
General					79,778		155,899	(165,356)	18,390	88,711
Designnletf
Designated					107,123		601	(27)		107,697
Total unrestricted		funds			186,901		156,500	(165,383)	18,390	196,408
Restricted funds
Cavalier Centre					1,224,525		71,120	(52,698)	1,381	1,244,328
Riding, driving,	vaulting			and
hippotherapy and		running
cost donations					5,500		7,830	(3,239)	(881)	9,210
Family &Volunteer			Links
Manager						1,276	17,114		(18,390)
National Lottery		grant					919	(828)		91
Step in the Right		Direction
project					3,984		36,834	(29,105)		11,713
Energize Shropshire							8,631	(8,631)
Taking the Reins		project					12,000	(3,000)		9,000
Garden and related activities							10,591	(5,113)	(500)	4,978
Activites Coordinator							17,665	(3,018)		14,647
Changing Lives Horses	through						14,976	~9.096		5,880
Total restricted funds					1,235,285		197,680	t114,7281	~138,390	1,299,8'17
Total funds					1422,186		354,18tl	~t280, 333		1,496,255

Note	s	to	the	Fin	ancial Stateme	nts for the	Year Ended 3	1March 202	3
									Balance at
					Balance at I	Incoming	Resources		31 March
					April 2021	resources	expended	Transfers	2022
Unrestricted funds
General
General					83,347	150,358	(129,097)	(24,830)	79,778
Designaterl
Designated					82,293			24,830	107,123
Total unrestricted		funds			165,640	150,358	~C29097		186,901
Restricted
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)		1,276
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 WheelPower						9,156 800	(9,156) ~800
Total restricted	funds				1,269,698	59,577	~93,9907		1,235,285
Total funds					1,435,338	209,935	~223,087		1,422,186

22 Anal	ysis ofnet assets betwe	en funds
					Total funds at
		Unrestricted	funds	Restricted	31March
		General	Designated	fundsf	2023
Tangible	lixed assets	48,094		1,244,327	1,292,421
Cmrent Cun ent	assets liabilities	45,984 (5,367)	107,697	55,520	209,201 ~3,367)
Total net assets		88,711	107,697	1,299,847	1,496,255
					Total funds at
		Unrestricted	funds	Restricted	31March
		General f	Designated	funds	2022
Tangible	fixed assets	18,247		1,212,484	1,230,731
Current	assets	75,904	107,]23	45,157	228,184
Current	liabilities	(14,373)		(22,356)	(36,729)
Total net assets		79,778	107,123	1,235,285	1,422,186