2021-05-31-accounts

offacilities and activities for the efficiency and well4eing ofser	offacilities and activities for the efficiency and well4eing ofser	vice personnel.
The Trustees who served during the year and up to the date of		signature ofthe financial statements	were:
Lt Col Alee Harvey MBE Ms SZoryk MrJ Gregg	(Resigned (Appointed (Appointed	26 February 2024) 24 May 2023) 24 May 2023)
Capt A H Lewis Major 8P Murphy Mr SC Chatker Lt Col JA Luck	(Appointed (Appointed (Appointed (Appointed	24 May 2023) 24 May 2023) 24 May 2023) 24 November 2023)
Mr M V Smith Lt ColAE Ball Captain H Wafker	(Appointed (Appointed (Appointed	24 May 2023) 1 November 2023) 24 May 2023)
Mr A H Cameron Major C Blakiston	(Appointed (Appointed	1 May 2023) 22 February 2024)

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
				2021	2021		2020	2020	2020
		Notes		E			E		E
Income and endowments			from:
Donations and legacies			2	30,853		30,853	1,500		1,500
Charitable activities			3	145,348		145,348	152,908		152,908
Other trading	activities		4	5,861		5,861	10,173		10,173
Other income			5	6,050		6,050	9,825	150	9,975
Total income				188,112		188,112	174,406	150	174,556
Expenditure	on:
Raising funds			6					?71	771
Charitable activities			7	184,694		184,694	158,649		158,649
Other expenditure		11		(494)		(494)	590		590
Total expenditure				184,200		184,200	159,239	771	160,010
Net gains on
investments		12		578		578
Net income and movement			in
funds				4,490		4,490	15,167	(621)	14,546
Reconciliation	offunds:
Fund balances	at 1 June 2020			67,026	1,715	68,741	51,859	2,336	54,195
Fund balances at 31 I@ay
2021				71,516	1,715	73,231	67,026	1,715	68,741

				2021			2020
Fixed assets		Notes				f
Tangible assets Investments		14 15			31,716			17,781 5,905
Current assets					31,716			23,686
Debtors Cash at bank and in	hand	16	6,592 40,068			1,497 49,348
Creditors: amounts	falling due within	17	46,660			50,845
one year			5,145			5,790
Net current assets					41,515			45,055
Total assets less current liabilities					73,23'l			68,741
The funds ofthe charity
Restricted income funds Unrestricted funds		18			1,715 71,516			1,715 67,026
					73,231			68,741

		Unrestricted	Unrestricted
		funds	funds
		2021	2020
			F
Grants receivable for core activities
HMRC Furlough RASports Board	grants -Army Sports Grant	10,174 8,000
		18,174

		Charitable	Charitable
		Income	Income
		2021	2020
Horse hire Exercise and assessment Competition hire Veterinary fees recovered Paddock cleaner	rides	90,745 258	78,229 1,530 2,505 287 15
Hunt transport Stables Hay and straw		1,677 51,266 1,402	1,420 50,897 18,025
		145,348	152,908

		Unrestricted	Unrestricted
		funds	funds
		2021	2020f
Membership RASC events	subscrlptions	1,462	2,280
RASC competitions Facility hire Fundraising		209 4,190	1,915 1,713 3,835
			430
Other trading	activities	5,861	10,173

		Unrestricted		Restricted	Total	Unrestricted	Restricted	Total
		funds		funds		funds	funds
		2021 f	'	2021 f	2021 f	2020 f	2020 f	2020f
Net gain	on disposal of
tangible fixed assets Other income		6,050			6,050	9,825	150	9,825 150
							150	150

		Heading Ac982	Heading Sac982
		2021	2020
Direct costs
Staff costs
Depreciation and impairment Livestock		57,459 3,524	57,141
Instructor fees		3,355	4,272
Grounds maintenance		14,715	8,907
Secretary fees Transport and vehicle costs Saddlery repairs Manure removal		17,508 1,099 6,250 1,094	19,250 5,850 3,402 1,097
Veterinary and farrier fees		2,640	1,560
Hard feed		13,078	23,009
Competitions Equine products Hay and straw		15,646 103 3,244	12,399 477 2,909
Shavings Fencing		14,145 697	11,840 438
Other building		20,003	88
Other charitable	expenditure	3,818	340 2,434
		178,378	155,413
Share ofsupport Governance	and governance casts (eee note 8)
		6,316	3,236
		184,694	158,649
Analysis by fund
Unrestricted funds
		184,694	158,649
Support costs allocated to activities
		2021	2020
Governance costs
		6,316	3,236
Governance costa comprise:		2021	2020
		K	R
insurance
Accountancy		4,816	3,236
		1,500
		6,316	3,236

The average	monthly number ofemployees during th	e year was:
		2021	2020
		Number	Number
Employment	costs	2021	2020
		R	R
Wages and	salaries	57,459	57,141

							Unrestricted	Unrestricted
							funds	funds
							2021	2020
Net	loss	on	disposal	oftangible	fixed	assets	(494)	590

Gains/(losses) arising on:
Sale ofinvestments

Unrestricted	Unrestricted
funds	funds
2021	2020
578

14	Tangible	fixed assets	fixed assets
				Horses	Fixtures and	Total
					itttlntts
	Cost
	At 1 June 2020
	Additions				17,781	17,781
	Disposais			12,500	6,000	18,500
					(1,041)	(1,041)
	At 31 May 2021
				12,500	22,740	35,240
	Depreciation and impairment
	Depreciation charged		in the year	1,250	2,274	3,524
	At 31 May	2021
				1,250	2,274	3,524
	Carrying	amount
	At 31 May	2021
				11,250	20,466	31,716
	At 31 May	2020
					17,781	17,781
15	Fixed asset investments

			Listed
			investments
	Cost or valuation
	At 1 June 2020
	Disposals		5,905
	At 31 May 2021		(5,905)
	Carrying amount
	At 31 May 2021
	At 31 May 2020
			5,905
16	Debtors
	Amounts falling due within one year:	2021	2020
	Trade debtors
		6,592	1,497

Creditors: amounts	falling due within one year
		2021	2020
Other taxation and social security Trade creditors Other creditors		1,739 1,781 125	5,140 650
Accruals and deferred	income	1,500
		5,145	5,790

		At	1June 2020	Incoming resources	Resources expended	Gains ancl losses	At 31 INay 2021
					R
General	funds		67,026	188,112	(184,200)	578	71516
Previous	year:	At	1June 2019	Incoming resources	Resources expended	Gains and losses	At 31 May 2020
			R
General	funds		51,859	174,406	(159,239)		67,026

			Unrestricted	Restricted	Total
			funds	funds
			2021	2021	2021
Fund balances at31 May 2021are represented		by:
Tangible Current	assets assets/(liabilities)		31,716 39,800	1,715	31,716 41,515
			71,516	1,715	73,231
			Unrestricted	Restricted	Total
			funds	funds
			2020	2020	2020
Fund balances at 31 May 2020 are represented Tangible assets investments Current assets/(liabilities}		by:	17,781 5.905 43,340	R 1,715	R 17,781 5,905 45,055
			67,026	1,715	68,741