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← East Park Rda

2024-03-31-accounts

Charity Number: 1168147

EAST PARK RIDING FOR THE DISABLED REPORT AND ACCOUNTS YEAR ENDED 31** MARCH 2024

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|||||| |---|---|---|---|---| |CONTENTS|PAGE| |GENERAL INFORMATION|i| |TRUSTEES’|REPORT|2-3| |INDEPENDENT|EXAMINER'S|REPORT|4| |STATEMENT|OF|FINANCIAL|POSITION|5| |STATEMENT|OF|FINANCIAL|ACTIVITIES|6| |NOTES|TO|THE ACCOUNTS|7-12|

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EAST PARK RIDING FOR THE DISABLED ENERAL INFORMATI YEAR ENDED 318 MARCH 2024

CHARITY REGISTERED NUMBER | 1168147

COMMITTEE Mr James Baxter Chairman Mrs Frances Down Treasurer Miss Anne Appleyard Secretary Mr William China Ms Sally O’Neill Mrs Katie Giddings

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|||| |---|---|---| |ADDRESS|6|Clayton Mead| |Godstone| |Surrey| |RH9|8NX|

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||||| |---|---|---|---| |INDEPENDENT EXAMINER|Aidan|Smyth| |Peter|Hodgson|&|Co| |Chartered|Accountants| |Shadwell|House| |65|Lower|Green|Road| |Tunbridge|Wells|Kent| |TN4|8TW|

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BANKERS Barclays Bank Plc

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EAST PARK RIDING FOR THE DISABLED TRUSTEES ANNUAL REPORT YEAR ENDED 315' MARCH 2024

East Park Riding for the Disabled is a Charitable Incorporated Organisation registered with the Charity Commissioners (No. 1168147) and also known as East Park RDA and East Park RDA Group.

The Report and Financial Statements have been prepared in compliance with the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the FRS 102.

Objectives and Activities

The objects of the Charitable Incorporated Organisation are 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 to carriage drive to benefit their health and well-being in the Surrey and Sussex areas.

Public Benefit

In setting objectives and planning activities, the Trustees have complied with the duty in section 17(S) of the 2011 Charities Act and have given careful consideration to the Charity Commission’s general guidance on public benefit.

Achievements and Performance

The charity organises riding sessions for disabled children from three schools in the local area. 30 children ride each week during term-time. The charity also organises carriage driving sessions for disabled children and adults.

Financial Review

During the year the Group had unrestricted net expenditure of £4,149 (2023 — net income £9,052). Net expenditure from the restricted fund totalled £2,835 (2023 - £5,409). The value of the unrestricted net assets as at 31°" March 2024 is £38,694 (2023 - £42,843). The value of the restricted net assets as at 31* March 2024 is £15,579 (2023 - £18,414).

Reserves Policy

The reserves policy is to maintain reserves enough to keep the charity in operation for twelve months should income streams become unviable.

Structure, Governance and Management

The charity is governed by a Constitution dated 11" April 2016. The Trust is administered by a Trustees Committee comprising a Chairman, Secretary, Treasurer and other Trustees who were appointed at the time the CIO was set up. Trustees were appointed by personal recommendation with reference to relevant technical, financial and administrative skills. Trustees are trained according to RDA guidelines and no remuneration is paid to any Trustee.

The Committee meets four times per year and all relevant decisions are made at these meetings.

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Reference and Administrative Information

The Trustees who served during the year to 31 March 2024 were: Mr James Baxter, Chairman; Miss Anne Appleyard, Secretary; Mrs Frances Down, Treasurer, Mr William China; Ms Sally O’ Neill; Mrs Katie Giddings. Charity Registration number: 1168147 Principal office: 6 Clayton Mead, Godstone, Surrey, RH9 8NX .

Risk Management

The Trustees are responsible for management of risks faced by the Charity. The Trustees considered that the charity is not exposed to major risks as it had no continuous commitments such as employees or maintaining property.

Trustees’ Responsibilities

The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations and the provisions of the trust deed. The trustees 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.

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Signed onbehalf of The Trustees
. L\K fy % A.
James Baxter — Chairman Frances Dowh — Treasurer
Approved by the Trustees on: SeekophmbecRon
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East Park Riding For The Disabled

Independent Examiner's Report to the Trustees of The East Park Riding For The Disabled

Year ended 31 March 2024

I report to the trustees on my examination of the financial statements of The East Park Riding For The Disabled (‘the charity’) for the year ended 31 March 2024.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) ofthe Act.

Independent examiner's statement

| have completed my examination. | 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:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Signed .... MAMN DR eee

For and on behalf of Peter Hodgson & Co Shadwell House 65 Lower Green Road Tunbridge Wells Kent TN4 8TW

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EAST PARK RIDING FOR THE DISABLED STATEMENT OF FINANCIAL POSITION AS AT 31** MARCH 2024

Note 2024 2023
£ £
FIXEDASSETS
Tangible Assets 1 13,222 20,629
CURRENT ASSETS AND
CURRENT LIABILITIES
Cash at bank and in hand 37,609 33,534
Debtors 6 11,400 7,491
Creditors 7 (7,958) (397)
NETCURRENT ASSETS 41,051 40,628
NET ASSETS 54,273 61,257
GENERAL FUND
Unrestricted 38,694
Restricted 8 15,579 18,414
Total 54,273 61,257

Approved by the Board of viNy: on and signed on its behalf by seKees eememng pump NED 0%} Dimes Baxter- Chairman Yani (ner ..s++.+... Frances Down - Treasurer Date:Charity 3fRegistered LadenderNumber: AGAL1168147

The notes on pages 7 to 11 form part of these accounts.

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EAST PARK RIDING FOR THE DISABLED STATEMENT OF FINANCIALACTIVITIES YEAR ENDED 315! MARCH 2024

2024 2023 2023
Notes Unrestricted Restricted Total Funds Prior Year
Funds Funds Total Funds
Income £ £ £ £
Donations and legacies 9,481 3,600 13,081 30,014
Charitable activities 12,875 - 12,875 15,520
Investments 300 - 300 52
Grants - - - 100
22,656 3,600 26,256 45,686
Total 2
Expenditure on:
Charitable activities 3 26,805 6,435 33,240 42,043
26,805 6,435: 33,240 42,043
Total :
Net income/(expenditure) (4,149) (2,835) (6,984) 3,643
Reconciliation offunds
Funds at 1* April 2023 42,843 18,414 61,257 57.614
Net movement in funds (4,149) (2,835) (6,984) 3,643
Total funds carried 38,694 15,579 54,273 61,257
forward :

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EAST PARK RIDING FOR THE DISABLED NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 315' MARCH 2024

ACCOUNTING POLICIES

a) Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention with the exception of investments which are included at market value. The financial statements are prepared in accordance with the Statement of Recommended Practice (SORP): Accounting and Reporting by Charities applicable to charities preparing their accounts in accordance with FRS 102, Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102) and the Charities Act 2011.

b) Taxation

East Park Riding for the Disabled Association is a registered charitable incorporated organisation under the main RDA Association and is therefore exempt from taxation on its income and gains.

VAT is not recoverable by the Charity and as such is included in costs where charged.

c) Income Recognition Donations and grants are recognised where there is evidence of the entitlement to the gift, receipt is probable and the amount can be measured reliably.

The value of services provided by volunteers have not been included in these accounts. Revenue from the riding school is recognised once the performance of the service has been provided. Income received in advance of the provision of the service is deferred until the service has been provided.

Legacies are accounted for whena distribution is received or if earlier, if it is considered probable, the amount can be reliably measured and the charity has received notification that a distribution is to be made.

d) The Charity has taken advantage of the size criteria and has not produced a cash flow statement. The accounts cover the individual entity. The financial statements are prepared in sterling which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

e) Management and Administration Expenditure Expenditure on management and administration of the charity includes all expenditure not directly related to the charitable activity or fundraising ventures.

f) Resources Expended Expenditure is included on an accruals basis. Grants payable are charged in the year when the offer is conveyed to the recipient, such grants being recognized as expenditure when any conditions attaching are fulfilled.

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EAST PARK RIDING FOR THE DISABLED NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 315' MARCH 2024

i) Going Concern The Statement ofFinancial Position shows a net asset position of £54,273 as at 31 March 2024. For this reason the trustees of the charity believe that the organisation should be in a position to continue in operational existence for the foreseeable future and have prepared the accounts on a going concern basis.

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EAST PARK RIDING FOR THE DISABLED

NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 315T MARCH 2024

i.
FIXEDASSETS		 Buildings Ponies Equipment Carriage Carriage Total
£ £ £ £ £
Cost at 1* April 2023 47,837 16,235 11,010 15,863 90,945
Disposals (5,500) (5,500)
Additions - 5,000 - - 5,000
Cost at 31%' March 2024
47,837 15,735 11,010 15,863 90,445
Depreciation at 1** April 2023 39,336 11,010 7,282 12,688 70,316
Depreciation on disposal (275) (275)
Charge for the year 4,184 375 1,037 1,586 7,182
43,520 11,110 8,319 14,274 77,223
Depreciation at 31°March 2024
4,317 4,625 2,691 1,589 13,222
Book Value 31March 2024
Book Value 31March 2023: 8,501 5,225 3,728 3,175 20,629
2.
INCOMING RESOURCES		 2024 2023
£ £
Restricted Unrestricted Restricted Unrestricted
Donations 3,600 3,472 1,500 21,368
Riding Fees - 12,520 - 15,520
Carriage driving 355 -
Subscriptions (Donations and Legacies) - 4,030 - 1,814
Interest - 300 - 52
Grant - - - 100
Gift in kind - 1,100 - 4,300
Gift Aid (Donations and Legacies) - 879 - 1,032
3,600 22,656 1,500 - 44,186

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EAST PARK RIDING FOR THE DISABLED NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 315' MARCH 2024

3. CHARITABLEACTIVITIES 2024 2024 2023 2023
£ £
Restricted Unrestricted Restricted Unrestricted
Veterinary Fees - 955 - 2,857
Pony Hire& Livery - 12,520 - 15,520
Insurance - 4,934 - 5,485
Farrier - 3,115 - 2,865
Riding Instructors Costs - 3,800 - 5,990
Sundry Expenses - 509 - 1,271
Depreciation/Impairment 6,435 972 6,909 1,146
6,435 26,805 6,909 35,134

Under an Agreement dated 17th January 2018, Littlebrook Equestrian Centre act as the base for the Group and they stable, feed and manage the welfare of the Group’s horses and ponies. Sally O’Neill is a partner in Littlebrook and also a Trustee of the Group. During the year Littlebrook was paid the sum of £12,520 (2023 - £15,520). During the year Littlebrook was paid riding instructors fees of £800 (2023 - £1,690). The asset of the Group’s stable block is situated on land owned by Littlebrook Equestrian Centre. No rent is paid by the Group to Littlebrook.

There were no direct donations from trustees during the year. 5. CAPITAL COMMITMENTS, CONTINGENT LIABILITIES AND SIGNIFICANT POST BALANCE SHEET EVENTS

At the balance sheet date, the Trust had commitments of£Nil (2023 - £Nil) At the balance sheet date, the Trust had commitments of£Nil (2023 - £Nil) to capital
expenditure notincorporated in these accounts.
There wereno contingent liabilities or significant post balance sheet events to disclose.
6. DEBTORS
2024 2023
£ £
Trade debtors 6,220 6,530
Sundry debtors
Prepayments
Total		 3,370
1,810
11,400		 550
411
7.491

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EAST PARK RIDING FOR THE DISABLED NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 315" MARCH 2024

7 CREDITORS

7 CREDITORS
2024 2023
£ £
Hire ofPonies 5,520 -
Veterinary Fees - 397
Instructor’s Fees 800 -
Accruals 1,209 -
Sundry expenses 429 _-
Total 7.958 397
8. ANALYSIS OFMOVEMENT INRESTRICTED FUNDS
Balanceasat Incoming Resources
Balance as at
1* April Resources Expended
31*tMarch
2023 2024
£ £ £ £
Stable Block Fund 8,501 - 4,184 4.317
Carriage Driving Fund 3,576 - 1,586 1,990
Carriage Driving TrainingFund 665 7 = 665
Saddles Fund 1,142 . 211 931
EquipmentFund 1,328 - 86 1,242
Pony Fund 3,202 3,600 368 6,434
18,414 3,600 6,435 15,579
  1. ANALYSIS OF MOVEMENT IN RESTRICTED FUNDS

The balance on the Stable Block Fund is represented by the fixed asset stable building.

The balance on the Carriage Driving Fund is represented by the fixed asset “Carriage” at net book value of £1.589, two ponies with a net book value of £0, plus cash at bank of £401.

The balance on the Carriage Driving Training Fund is represented by cash at bank.

The Equipment Fund is represented by a fixed asset at net book value of £600 and cash at bank of £642.

The Saddles Fund is represented by saddles and bridles with a net book value of £791 and cash at bank of £140.

The Pony Fund is represented by a share in a pony with a net book value of £2,834 and cash at bank of £3,600.

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EAST PARK RIDING FOR THE DISABLED NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 315' MARCH 2024

Note 8 — Continued

Stable Block Fund

To construct and maintain the stable building donated to the charity.

Carriage Driving Fund

To maintain the driving carriage donated to the charity.

Carriage Driving Training Fund

To provide for the training of instructors to teach disabled persons to drive the carriage.

Saddles Fund

To provide new saddles and bridles.

Equipment Fund

To provide new equipment.

Pony Fund

To provide for the purchase of a new pony

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