## ## ## |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|