Snydale RDA
Charity number 1165459
A company limited by guarantee number 09306231
Annual Report and Financial Statements
for the year ended 30 November 2024
Snydale RDA
Annual Report and Financial Statements for the year ended 30 November 2024
| Contents | Page |
|---|---|
| Trustees' report | 2 to 4 |
| Examiner's report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the accounts | 8 to 11 |
Prepared by West Yorkshire Community Accountancy Service CIO
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Snydale RDA
Trustees' report for the year ended 30 November 2024
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates Karen Bullock Vice Chair Paula Griffiths Treasurer Karen Horsfall Ian Megretton Brian Oselton Barbara Ross Secretary Donald Ross Chair Sandra Golding Appointed 23 January 2024 Laura McNally Resigned 23 January 2024 Lisa Nicholson Resigned 23 January 2024 Charity number 1165459 Registered in England and Wales Company number 09306231 Registered in England and Wales Registered and principal address Bankers 41 Main Street Virgin Money Monk Fryston 81 Carlton Street Leeds Castleford LS25 5EG WF10 1BW
Registered in England and Wales Registered in England and Wales
Independent examiner
Alan Dodd FCCA West Yorkshire Community Accountancy Service CIO Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is a company limited by guarantee and was formed on 11 November 2014, and registered as a charity on 8 February 2016. It is governed by a memorandum and articles of association, as amended on 26 January 2016. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £1.
Method of recruitment and appointment of trustees
The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.
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Snydale RDA
Trustees' report (continued) for the year ended 30 November 2024
Objectives and activities
The charity's objects
To promote the objects of the 'Riding for the Disabled Association incorporating Carriage Driving' (a charity registered under charity number 244108, 'RDA') by providing disabled people with the opportunity to ride and/or to carriage drive to benefit their health and wellbeing in the West Yorkshire area.
The charity's main activities
We have continued to provide riding and carriage sessions to the community for adults and children.
Public benefit statement
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the relief of those in need by reason of disability.
Achievements and performance
Income was down due to a reduced number of sessions. The 10 year anniversary celebration at Featherstone Rovers was cancelled due to lack of interest, it is envisaged that they may not accommodate us in future due to a late cancellation. We need to establish how many sessions, riding and carriage driving are possible and ensure that we have enough volunteers for them. The number of horses/ ponies we need for these sessions should be reflected in the number of riders/drivers and some may need lunging prior to the session.
Having enough suitable loaners for the number of horses and ponies would be nice as this would ensure exercising them throughout the week and also provide volunteers for ROA sessions. The cost of keeping each horse/ pony is just over £10,000 per annum so it is essential that they earn a living. Getting a suitable large horse may be considered if we get everything else running right.
New legislation relative to carriage driving has meant that two of our clients can no longer participate even though one of them has been driving for over 20 years. We have been active with other groups and expressed our concerns with these changes - however it appears that head office will not budge. The other alternatives would be British Carriage Driving membership or going independent, however we may have difficulties with insurance.
Livery fees have increased by nearly 10% and this has necessitated raising our fees to £32 per calendar month for fortnightly riders.
In order to ensure Snydale ROA continues it is essential that everyone pulls together and make every effort to ensure the group prospers.
Financial review
The net expenditure for the year was £4,089, including net expenditure of £4,026 on unrestricted funds and net expenditure of £63 on restricted funds.
Reserves policy
The charity's free reserves, excluding fixed assets, at the year end were £55,521.
The Trustees have not yet developed a reserves policy but continue to monitor the level of the charity's free reserves against operational running costs on a regular basis.
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Snydale RDA
Trustees' report (continued) for the year ended 30 November 2024
Statement of trustees' responsibilities
The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.
Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.
Approved by the board of trustees on 30/7/2025
Barbara Ross (Trustee)
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Snydale RDA
Independent examiner's report to the trustees of Snydale RDA
I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 30 November 2024, which are set out on pages 6 to 11.
Responsibilities and basis of report
As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2 the accounts do not accord with those records; or
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3 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
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4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Alan Dodd FCCA
31/7/2025
West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
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Snydale RDA
Statement of Financial Activities
(including summary income and expenditure account) for the year ended 30 November 2024
| Notes 2024 Unrestricted funds £ Income from: Grants and donations (2) 250 Fees received 33,201 Fundraising 8,748 Other income 16 Total income 42,215 Expenditure on: Instructor fees 5,650 Training 25 Miscellaneous expenditure 1,215 Tack 1,268 Blacksmith 1,445 Rent, livery and schooling fees 18,689 Feeds and supplements 623 Veterinary fees and costs 620 RDA championship - Horse condition 1,740 Internet 220 Repairs and renewals 547 Insurances 1,304 Independent examination 750 Depreciation 5,558 Loss on disposal of fixed assets 840 Fundraising costs 5,747 Total expenditure 46,241 Net income / (expenditure) (4,026) Fund balances brought forward 77,255 Fund balances carried forward (3) 73,229 |
2024 Restricted funds £ - - - - - - - - - - - - - - - - - - - 63 - - 63 (63) 144 81 |
2024 Total funds £ 250 33,201 8,748 16 42,215 5,650 25 1,215 1,268 1,445 18,689 623 620 - 1,740 220 547 1,304 750 5,621 840 5,747 46,304 (4,089) 77,399 73,310 |
2023 Total funds £ 12,500 38,342 655 31 51,528 10,108 300 1,795 1,105 1,655 25,757 1,476 3,884 72 1,172 - 225 1,519 788 7,288 - 72 57,216 (5,688) 83,087 77,399 |
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
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Snydale RDA
Balance sheet
| as at 30 November 2024 2024 Unrestricted £ Fixed assets Tangible assets (4) 17,708 Total fixed assets 17,708 Current assets Prepayments 391 Cash at bank 55,880 Total current assets 56,271 Current liabilities: amounts falling due within one year Creditors and accruals (5) 750 Total current liabilities 750 Net current assets / (liabilities) 55,521 Net assets 73,229 Funds Unrestricted funds 73,229 Restricted funds - Total funds 73,229 |
2024 Restricted £ 81 81 - - - - - - 81 - 81 81 |
2024 Total £ 17,789 17,789 391 55,880 56,271 750 750 55,521 73,310 73,229 81 73,310 |
2023 Total £ 19,250 19,250 523 60,920 61,443 3,294 3,294 58,149 77,399 77,255 144 77,399 |
|---|---|---|---|
For the year ending 30 November 2024 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who are also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).
The financial statements were approved by the board of trustees on 30/7/2025
Barbara Ross (Trustee)
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Snydale RDA
Notes to the accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
Going concern
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
Incoming resources
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
Grants and donations
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
Expenditure and liabilities
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Tangible fixed assets
Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Fixtures and fittings: over 10 years Equipment: over 5 years Horses: over 5 years
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
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Snydale RDA
Notes to the accounts continued
for the year ended 30 November 2024
| 2 Grants and donations Other donations 3 Restricted funds National Lottery Fund name National Lottery 4 Tangible assets Cost At 1 December 2023 Additions Disposals At 30 November 2024 Depreciation At 1 December 2023 Depn reversed re. disposals Charge for year At 30 November 2024 Net book value At 30 November 2024 At 30 November 2023 |
2024 2024 2024 2023 Unrestricted Restricted Total Total funds funds funds funds £ £ £ £ 250 - 250 12,500 250 - 250 12,500 Balance b/f Incoming Outgoing Transfers Balance c/f £ £ £ £ £ 144 - 63 - 81 144 - 63 - 81 Purpose of restriction Horses Equipment Fixtures and fit Total vehicles £ £ £ £ 17,910 34,133 12,706 64,749 4,000 1,000 - 5,000 (1,050) - - (1,050) 20,860 35,133 12,706 68,699 7,182 34,133 4,184 45,499 (210) - - (210) 4,172 200 1,249 5,621 11,144 34,333 5,433 50,910 9,716 800 7,273 17,789 10,728 - 8,522 19,250 For the promotion and development of the charity. |
|---|---|
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Snydale RDA
Notes to the accounts continued
for the year ended 30 November 2024
| 5 Creditors and accruals Creditors Accruals |
2024 £ - 750 750 |
2023 £ 2,506 788 3,294 |
|---|---|---|
6 Related party transactions
Donations from trustees and related parties
The total aggregate value of unconditional donations to the charity from the trustees or related parties was £nil (2023: £12,000).
Trustee expenses
No trustee received any expenses during this year or the previous year.
Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
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Snydale RDA
Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 30 November 2024
| 2024 2023 Unrestricted Unrestricted funds funds £ £ Income Grants and donations 250 12,500 Fees received 33,201 38,342 Fundraising 8,748 655 Other income 16 31 Total income 42,215 51,528 Expenditure Instructor fees 5,650 10,108 Training 25 300 Miscellaneous expenditure 1,215 1,795 Tack 1,268 1,105 Blacksmith 1,445 1,655 Rent, livery and schooling fees 18,689 25,757 Feeds and supplements 623 1,476 Veterinary fees and costs 620 3,884 RDA championship - 72 Horse condition 1,740 1,172 Internet 220 - Repairs and renewals 547 225 Insurances 1,304 1,519 Independent examination 750 788 Depreciation 5,558 7,225 Loss on disposal of fixed assets 840 - Fundraising costs 5,747 72 Total expenditure 46,241 57,153 Net income / (expenditure) (4,026) (5,625) Fund balances brought forward 77,255 82,880 Fund balances carried forward 73,229 77,255 |
2024 Restricted funds £ - - - - - - - - - - - - - - - - - - - 63 - - 63 (63) 144 81 |
2023 Restricted funds £ - - - - - - - - - - - - - - - - - - - 63 - - 63 (63) 207 144 |
2024 Total funds £ 250 33,201 8,748 16 42,215 5,650 25 1,215 1,268 1,445 18,689 623 620 - 1,740 220 547 1,304 750 5,621 840 5,747 46,304 (4,089) 77,399 73,310 |
2023 Total funds £ 12,500 38,342 655 31 51,528 10,108 300 1,795 1,105 1,655 25,757 1,476 3,884 72 1,172 - 225 1,519 788 7,288 - 72 57,216 (5,688) 83,087 77,399 |
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