Sirona Therapeutic Horsemanship
Charitable Incorporated Organisation
Registered Charity Number 1169709
Trustees, Report
and Accounts
For the year ended
31 December 2025

Contents
Page
Lega5 and administrative information
Trustees, report
Structure, Governance and Man3sement
Objective5 and Activities
Achievements and Performance
Financial Review
Plans for future periods
4-5
Independent Examirteyg report
Financlal Statements
Statement of f1nancial activities
Balano sheet
Notes to the financial statements
io
li
12-19

Sirona Therapeutic Horsemanship CIO
Legal and Administrative Information
(The information below forms part of the Trustees, Reportl
Status
5irona Therapeutic Hor5eman5hip CIO is a Charitable Incorporated
Organisation Icioi registered with the Charities C¢mmlssiori of England
and Wale5
Trustees
Sarah Urwln Ichairl
Deidrè Ford
Jane Turner
Annie Tempest
Tania Beard
Sue Price
CEO
Hannah Burgon
Charity number
1169709
Registered office
The Merchanfs House
10 Town Quay
The Plains
TDtnes
Devon
TQ9 5DW
Principal place of 3Ctivlties Buckhams Stables
Old School Farm
Dartington H311
Totnes
TQ9 6EB
Web address
www.sirorTra
uin
-or
Accountant
MAP Accountants
2 Bridge Farm Offices
Harberton
Totnes TQ9 7PP
Bankers
Lloyds Bank PIC
Newton Abbot Branch
PO Box 1000
BXI ILT
Special thanks to all our partners, funders, supporters and stsff who make Sirona's work
possible.

Sirona Therapeutic Horsemanship CIO
Trustees, Report
The I rustees present their report and financial statements for the year ended 31 December 2025.
The accounts have been prepared in accordance with the accounting policies set out in note I to the accounts and
comply with the Charl￿S Memoiandum & Articles of Association, and the Statement of Recomrnended Practic:.
"Accounting and Reporting by Charities" ISORPI issued ip March 2005.
Structure. governance and management
Slrona Therapeutic Horsemanship CIO (Sironal is a Charitoble1ncorporated Organis3tion ICIOI governed iri
accordance with the Constitution dated 17 October 2016. li was registered with the Ch3rity Commissiori on 17
October 2016. 5irona took over the assets and activities of Sirona Therapeutic Horsemanship CIC or, I January
2017
The Board of Trustee5
The Trustees are..
Sarah Urwin (Chairl
Deidre Ford
Jane Turner
Annie Tempest
Tania Beard
SUÉ Price
Appointment of Trusteès
Trustees can be appointèd at any general meetin& provided the conditions outlined in the charity's gr>verning
document are met.
Trurtee Induction and training
New trustees are given a copy of the Constitution, and the latest accounts and are explained their role by a current
member of the Board. Continuing truste￿ are advised of updates as they arise. Trustees are invited to attend
relevant trustee trnining courses in for exarnple 8overnance and safeguarding.
Organlsational structure
The charity is governed by the board of tru5tee5, Wlth day-to-day operations delegated to the CEO, Hannah 8uTgon
Public Benefit
The Trustees, In their meetings. have referred to the Charltie5 Commission guidance on Public BeDePIt in making
their decisions. Sirona Therapeutic Horsemanship provides therapeutic and learning opportunities foi young people,
people with disabilities and other dlsadvantages 2nd those SUYI ering social exclusion, through engaging in activltie5
with horses. all set within the context of the natural envlronment.
Our vision Is for marginalised or excluded young people and adult5 to irnprovetheir wellbeing, become more resilient
and be better able to overcome the challenges and disadvantages they Tace in order to have more p051tive I'.fe
outcomes.
Rlsk management
The Trustees asse5S the risk to which Sirona Therapeutic Horsemanship CIO is exposed on a continuous basis. This
include5 the on-going monitoring of core reserves (see the reserves policy below).

Otsjectlves and activities
Our objertives:
The objects of the CIO are..
111 To relieve those In need lin particular but not limited to those with physlcal, mental, social or emotional
disabilities or disadvantages) by providing eouine-assistèd therapeutic and educational attivities that may also
involve trther anlmals
121 To promote humane behaviour towards animals by prO￿dIng appropriate care. protertion, treatment and
security for animals which are in need of care and attention by reason of sickness, maltreatment, poor
circumstances or ill-usage and to educate the publie in matters pertaining to anirnal welfare in general and the
prevention of cruelty and suffering among animals
In 5ub-clause lil, 'ernotion31 disabilities will encompass those beneficiarles who struggle with low self*st@em or
self-confidenee or have difficulty with communication and relation5hip5 or in regulating emotions (such as anger,
anxiety and sadne551, or who lack emotic>nal stability and resilience. 'DisèdvantaEes will encompass those
beneficiaries who experience Social or educational èxclusion or13ck of opportunity, taking into account fattors
such as 50cIo-economic or educational backgrolsnd or physital. mental, communicational, behavioural or
emotional difficulties.
Our activitie5:
Our aims in 2025 have focused on listening to our participants and working with our local communities,
together with investing in training for our team and developing and embedding environmental practices
across our work. We have continued to see an increase in the complexity of support needs of young
people attending Sirona. Many of these young people are referred to Sirona with extremely high levels
of artxiety and mental health challenges and are withdrawn and isolated, so need the quiet, calm
environment we can provide set within the natural environment. To meet these changing needs we
have provided more l-l sessions over a longer time frame in order for these very vulnerable young
people to build secure relationships with their practitioner together with the horses and other animals.
Over the past year we have also received more enquires for places for NEETS (young people not in
education, employment or training). This is in line with recent ONS figures showing that almost I million,
equating to l in 8 young people, are now NEET Ihttps'.//www.ons.gov.uk /november20251, and with
much of this attributed to the mental health crisi5 in young people.
Through responding to the changing needs of our beneficiaries within our relational and child-centred
approach, feedback from parents and referrers afFirms that our provision achieves a deep positive
impact for the young people we support. This has been further informed by trainins on the importance
of Relational Practice we attended as a team this year which provided evidence of the imperative of
strong, trusting relationships and a 'sense of belon8ing' for young people with ACE, especially those in
foster care for whom this sense of belonging is missing IDr Lisa Cherry, 20251. This can only be achieved
through long term relationships and consistency to build the trust and security these young people so
desperately need, with feedback from our participants illustrating this.
"ivs jU5tso supportive here. It's mysafe spoce. Ifeelsofe with oll the staff here"..
-I've been more confident talking to people ond meeting new people. Becouse Sirono is such (J c(Jlm
5poce Ifeel more oble to go outside my comfortzone andspeak to people more. Ids olso given me o
sense of belonging t7nd communitf.
e people ond Horses otsirono hove playedsuch o big port in my life ond I wouldn't be where l Gm
todoy without then7. 1 owe 50 much to Sirono"
"Ifeellike I belong at Sirono"
-1 wanted to say o heortfelt thonk youfor all the support you and everyone utSironG hove given "Harriet
(name changedj over the years. The life skills she has developed during her time with you hove hud such

o positive Nmpoct. Thejdve helped her grow ffn confidence to the point where she nowfeels reody tofocus
fully on school in the leud-up to her GCSES Gnd is choosing not to mi55 any revision se55ions. It'5 u big
step for her, and one thays only been mode possible tht7nks to the rturturing und guidonce she's received
ot Sirona"
Due to many schools not being able to meet these young people's needs a growing number of children
are losing out on education and a rising number of parents are telling us that they have no other option
except to home educate their child. Many parents are struggling with getting support from education or
social care, and waiting for up to 2 year5 for EHCP (education and health care plans) assessments, or in
tribunal proceedings. We have seen an increase in children from low income and single parent
households really struggling, together with referrals to Sirona for our bursary donation seSSiDns rising.
As a result of our support for local familie5 we were proud to be recognised and acknowledged by the
local parent support group 'Mums Supporting Better Futures, who described Sirona as a lifeline for
parents and children, and of having "supported us when we have nowhere else to turn".
Community involvement
We had a busy year with rnany community events in 2029. In February we were delighted to welcome
the leader of the Liberal Democrat party Ed Davey together with our local MP Caroline Voaden to visit
Sirona. Ed and Caroline were really interested in our work and to learn about the power of horses to
change vulnerable young people's lives. We also talked about the complexities and difficulty in funding
the work we do, with disparities in the funding system for young people who are care exoerienced or
adopted, with Caroline saying She will be sure to feed this back to parliament. Two young people who
had completed work experience at Sirona, along with a 'young helperf (a former participant and mentor
to other young people), together with our apprentice Amber, helped on the visit and met Caroline and
Ed. It was inspiring how confident and competent the young people were on the day, which was a real
achievement and testamant to their dedication to help on this event with so many people and press
present.
Our community fed back to us that ihey would like more opportunities to Visit Sirona and so we
responded by holding a Second community open day in 2025 with an autumn half term open morning in
October which was very successful and raised £913.13 from donations, refreshments, Sirona
merchandise (including our in demand horse manurell and our Bric and Brac stall. We welcomed 71
people through the gates iNho enjoyed meeting th- horses and members of the team as well as taking
part in horse shoe painting and horse themed educational game5 such as guess the colours of the horse
and a lucky dip. In June our summer open day welcomed 188 people through our gate5 and raised an
amazing £1608.30 through merchandise, plant and Bric and Brac sales, refreshments, raffle and
doiations. The day provides an opportunity for young people who attend Sirona to showcase what they
hav- learnt from attending ovr equine and 3nimal-assisted sessions, with participants taking part in
demonstr3tions of their horse handling ski115 in the main arena in front of a large crowd. This is a huge
challenge for many young people who struggle with confidence but provides them ivith a strong Sense
of achievement and boost in self-esteem, with yosjng people telling us;
"Now I don'tfeel shy Jnymore und being at Sirono hus made me more confident in trying new things."
-1 didn't think I could do it.-.but it turns out I ct7n- if atfirst you don't succeed...

Achievements and performance
92 disadvantaged & vulnerable participants directly supported
86.7 0/0 attendance rate
38 parent51carers on family sessions & taster sessions
28 course attendees & student placements
42 voluJ)teers supported our work
1358 volunteer hours donated - £20,370 (@ £15 pr hr)
517 Total ben¢ficiarie5 SUPPOrted
655 equine & animal-assisted sessions provided
1636 sesston hours delivered
2025 Outcomes
IOOO/o of participants reported improvements across the range of outcome indicators
100 % pass rate on the OCNL Level l in Animal Care Course
I OOO/o of young people g&ill¢d c¢rtifIcates on the BHS ChaEiging Lives through Horses
programme
86/0 of young people reported increased se]f-¢onfiden¢e and self_estee
86Q/g reported increased learning- so improved edu¢ational and employEnent opportunities
830/0 reported feeling Calmer, thus improving self-regul&tion and relationships
77% reported increased mental health and feeling happier
80/0 reported better able to stick at things and overcom¢ chaIlenges. so improved resilience
72 % reported improved communication and interpersonal skills
Other Key achievements in 2025
BBC Radio Devon.. we were honored to be asked to be guests on the BBC Radio Devon morning
Show in April, and then again on the Country Matter5 segment in June. The June intetview with
proctitioner Kirsty Bowles and folrnder Hannah Burgon talking about our work with young people
and how Sirona started is available to listen to on our web51te Iwww.simnaequine.org.ukl.
We held two of our popular infomiation mornings for people interested in leaming more about our
work and how our referral process works. This was attended by local parents together with
professionals from other organisations. And in April we hosted the Horses in Edueation and
Therapy International (HETI) spring forum at Siron& This was attended by over 30 people from
all over the county with a fantastic range of presentations and networking with others tnvolved in
the field of equine-assisted interactions.
In March we were invited to a black tie dinner and fundraising auction at HMS Drake in Plymouth
hosted by The High Sherriff of Devon, Jake Moores OBE, who chose Sirona as one of his charities
of the year in 2024-25. We are very grateful to Jake for fundraising £1500 for Sirona and for
presenting us with the High Sherriff Award for Community 5eNices.
Hannah was invited to write a review for a new book 'How Animals Heal Us, by the well-known
author Jay GrifFiths and published by Penguin. The book references the work of Sirona and
Hannah was invited to attend the book launch at the prestigious Hatchards bookshop in London
which provided the opportunity to share the work of Sirona with other5 in attendance. We hope
this will lead to 8ieater recognition of the important field of equine and animal-assisted
interattions within a wider international context.
We were approached by Plymouth University Peninsula medical school for a consultancy role on
the CAW (creative approaches for advocacy for wellbeing) module for 3rd year medical students.
Hannah met with the consultant Dr Harte and 8 students in the Autumn term to discus5 a projert
that would meet the needs of both Sirona and the community- As a result of the discussions and

feedback from our participants at Sirona the students are looking at producing a children's story
pamphlet together with a leaflet for commissions based on Sirona's work. We will meet with the
students again in January and March 2026 with ongoing advocacy in between and a final
presentation at plymouth University in May.
Hartpury University MA degree in Animal-As51Sted Counselling and Psychotherapy course. We
welcomed students to Sirona for a placement day in 'welfare in equine and animal-assisted
interaction5' in October. This 15 the second year we have provided this training day through our
partnership with Hartpury University on this MA course and look forward to a continued
successful partnership on this important course. This is the first Masters level cours¢J in ail imal-
assisted interactions in the UK which is providing vital training and recognised accreditation in
the growing field of equine and animal-assisted therapy and learning.
Devon Community Foundation and Exeter University Community Rasearch and Collaboration
event: Hannah was invited to present at this inspiring networking i day conference, 3nd gave
talk on our approach to evaluation at Sironè titled, 'RÈsearch with Respect-. challenges and
opportunities in conducting ethical evaluation with young people.,
Equine welfare research study at Sirona.. Equine welfare and the health of our herd of horses and
other animals is central to our work, so we are very proud to sharc results of a research sttidy
completed at S&rona in 2025 by Holly Hodges, a S￿dent in Applied Animal Behaviour at Sparsholt
University. Her study, 'The inflllence of Equine-Assisted Therapies on the Behavioural Response
of Equines, was interested in looking at the effect of pgrticipating in equine-assisted sessions on
the welfar¢ of our herd of horses with tbe following results; Statisrical results indicared No
significancefor eaiing andgruzing (p=J.129)), as well as no significap2cefor loconiotion
p=Q.681), and a non-Farametric Ivilcoxon result determined no sigxificancefor resltng Jt
p=0.224. As u result, Èke dota indlcaies (katPQTticipotion in Èkerapeutic inieraclions prtsduces no
sz4bstaP71ial beh(7vioural influence, rest411ing in a neutral expgriencefor the equirtes involved."
We are incredibly proud that our chair of trustees Sarah Urwin was awarded a Honor&ry' Degree by
Hart
University in 2025 to acknowledge out51andEKg contrEbuiion to thefields of human-
animal interaciiopz apjd (mimal-assisied services,.
Financial review
Sirona is funded primarily by grant5 and session income. However. in 2025 we were very gratéful to receive an
exceptional donation of £lOO,000 from the Gordon Carling Foundation which was c105ing. As a result total income
rose significantly foi the year to r323.91712024- £233,775) of which £112,56012024- £118,925) was grant
fundin8 and £110.40512024- £7,229) came from donations (including gift aidl. Session income for the year fell to
£94,42112024-£100,4201 as several practitioners began or continued training courses which will greatly benefit
Sirona going forward. Incorne from courses dropped to £1,07512024- t3,7951 the face of greater competitic>n.
Amounts received from fundraisers of £1,81412024- £1,42818nd sale5 of clothing and other merchandise of
£1.27112024- £1,369) both remained stable during the year.
We felt very supported in 2025 by the first year of the new Lottery funding which will continue for the next 5
years. Match funding raised wa5 also strong and our unrestricted core funds remained re3gonably high at nearlv
£33,000 without taking into account the additlonal donation of £IOO,000. As a result the trustees have decided to
m31ntain at least that ?mount as inve5tmeDt funds and have opened 6 month fixea term deposits in order to not
only give some security to Sirtsna's long term future. but also to create another income stream from bank interest.
Total expenditure for the year on our charitable artivities amounted to £243,09012024- £246,718) es the charity
sought to pursue its objective5. Direct Staffing cost5 rose by £3,691 to £107,765, while the cost of freelance session
staff fell to £14,69912024- £20,0051. Despite ongoing inflation overall costs Stayed relatively stable compared
with the previous year.

We would like to thank all the grant funders who have supported u5 in the last year. A full list IS 8iven on page 14
of the report. We a150 wish to say thank you to the friends of Sirona who make regular donations to our work. We
COLFld not do what we do without yoy.
Reserves Pollcy
The Board of Trustees continually reviews the reserves of the charity. Assets must be sufficient to enable the
charlty to operate effectively. The charity has a number of restrlcted funds,. the purpose of these funds is detailed
n the notes to the financial statements.
The charity aims to hold at least four months. running costs in reserve at all times. In rnaking this calculation the
level of restricted funds is taken into account. This is to ensure that the charity Ss able to meet all of its legal
obligations should funding be withdrawn.
At the year end the core free reserves amounted to nearly £33,000.
Plans for Future Periods
Longer term plans include developing our envtronmental and hortitultural provision offer once Jade, our
Occupational Therapist, has completed her Forest School Leader training. We will then be able to offer Nature-
Based sessions incorporating forest school artivities to small groups which we are unable to do at present under
the terms of our insurancè which requires a qualified Forest School Leader.
To support thls programme we have started fundraising towards developing our orchard garden to include a
covered gazebo to provide shelter on rainy days and act as a therapy space, together with raised beds to grow
herbs for the animals,. and environmental arts activities. The area will then act as è calm and peaceful space for
people to enjoy all year round. The airn is for the supported volunteerlng group. youn8 people and others from our
local communlty to be involved in these activitie5 so opening up further opportunities for community participation
and the public to enjoy the garden. A current volunteer has been supporting us on funding appll¢ations for this
project and we will rèport back on progress later in 2026.
Anothei aim is to continue to build on the impact and evaluatton of our work through our partnership wlth
Hartpury University and the NHS Plymouth University Peninsula students CAW project. WÈ hope these
partnerships will support and increase the under5tandinE and reach of our 3pp¥oath and work to wider audiences,
so ultimately 5UPPOrting the field of equine and anlmal-a55jSted therapy and learning as a whole.
Approval
This report ha5 been prepared in accordan¢e with the Statement of Recommended Practice"Accounting and
Reporting by Charities" (issued in March 20051.
On behaEf of the Board of Trustees
Sarah Urwin
(Chairl
Dated- 8 May 2026

Sirona Therapeutic Horsemanship CIO
Independent Examiner's Report
for the Year Ended 31 December 2025
Respertlve responslbilltle5 0* trustees and examlner
The charity's trustees are responsible for the preparation of the accounts. The charl￿5 trustees conslder that an
audit Is not Tequired for this year under settion 144 of the Charitie5 Att 2011 Ithe Charities Act) and that an
independent examination is needed.
It is my responsibility to..
Examine the accounts under sectlon 145 of the Charltie5 Act,
follow protrdures laid down in the Èeneral directions given by the Charity Commission (under section
1451Sllbl of the Charities Act. and
state whether particular matters have come to my attention
Basls of independent examlnerfs statement
My examination wa5 carried out in accordance with general dlrections given by the Charlty Commission. An
examination includes a review of the accounting records kèpt by the charity and a comparison of the accounts
presented with those records. St also includes consideration of any unusual items or di5c105urès in the accounts,
and seeking explanations from the trustees concerning st¢ch matters. The procedures undertaken do not provide
all the evidence that would be required in an audit, and consequently no opinion is given as to whether the
a￿aUnts present a'true and fairf view and the report is limited to those matter5 Set out in the statement below.
Independent examlnerfs statement
In connection with my examination, no matter has come to my attentlon which gives me reasonable cause to
believe that in, any material respect, the requirements to keep accounting records in accordance with section 130
of the Charities Act or to prepare accounts which accord with the accounting records and comply with the
accounting requirements of the Charities Act have not been met.
Independent Examlner
2ql*l2026
Slgned
Dated
MAP Acwuntants & Business Advisors
2 Bridge Farm Offlces
Harberton
Totne5
Dev(>n
TQ9 7PP

SIRONA THERAPEUTIC HORSEIVIANSHIP CIO
STATEMENT OF FINANCIAL AcfiviTIES
forthe year ended 31 December 2025
Unrestricted
funds
2025
Restri¢ted
funds
2025
Total
funds
2025
Total
fund5
2024
Note5
Incoming re50urcè5
Incoming resources from generated funds
Voluntary Income..
Donations & grants
110.405
112,560
222,965
126.154
Incomlng resources from charitable activlties
98,581
98,581
107,012
Bank Interest Teceived
1,460
1,460
609
Other Income
911
911
Total Incomin8 re50urGes
211.357
112,560
323.917
233,775
Resources expended
Charitable attivitles
124.771
111,128
235,899
240,281
Costs of raising fund5
7,191
7,191
6,437
Total resources expendèd
131,962
111,128
243,090
246,718
Net Incoming/loutgoingl resotsrce5 before
transfers
79,395
1.432
80,827
112.9431
Gross transfers between funds
Net income/lexpendlturel forthe year
Net movement in funds
79,395
1,432
80,827
112,9431
Fund balances at l January 2025
217.419
29,109
246.528
259,471
Fund balances at 31 December 2025
296,814
30,541
327,355
246,528
io

SIRONA THERAPEUTIC HORSEMANSHIP CIO
STATEMENT OF FINANCIAL POSITION
as at 31 December 2025
2025
2024
Notes
Flxed Assets
Tangible Assets
io
164,011
179,850
Current assets
Debtors
Current assei investments
Cash at bank and in hand
li
12
2,181
130.000
36.538
1,265
67,374
168,719
68,639
Credltors: amountsfalling due wlthln one year
13
15,3751
11,9611
163,344
259,471
66,678
Net current assetsllllabllitlesl
Total Assets les5 Current Llablllties
327,355
246,528
327,355
246,528
Nèt assets
Intome Funds
30,541
296,814
29.109
217,419
Restritted fund5
Unrestricted fund
327,355
246.528
These accounts were approved by the Trustee Board on 8 May 2026 and signed on their behalf by
Sarah Urwin
Chair
li

SIRONA THERAPEUTIC HORSEMANSHIP CIO
NOTES TO THE FINANCIAL STATEMENTS
forthe year ended 31 December 2025
Accountlnt Policies
Charlty information
Sirona Therapeutic Horsemanship CIO Is a Charitable Incorporated OrBanisation
1.1 Accountlng convention
These accounts have been prepared in accordance with FRS 102 *he Financial Reporting Standard applicable
in ihe UK and Republic of Ireland" I"FRS 102.1, -Accounting and Reporting by Charities" the Statement of
Recommended Prartice for charities applying FR5 102, and UK Generally Accepted Accounting Practice as it
applies from l January 2015. The charity is a Public Benefit Entity as defined by FRS 102. The disc105ure
requirement5 of sertion IA of FRS 102 have been applied other than where additional disclosure is required
to show a true and fair view.
The account5 are prepared in sterling which Is the functlonal currency of the charity.
The accounts have been prepared under the historical cost convention. The principal accounting policies
adopted are set out below.
1.2 Going concern
At the time of approving the accounts, the trustees have a reasonable expectation that the charity has
adequate future funding planned in order to continue in operational existence for the foieseeable future.
Thus the trustees continue to adopt the going concern basi5 of accounting in prepar•ng the account.
1.3 Incoming resources
Items of income are recognised and included in the accounts when all of the following criteria are met..
The charity has entitlement to the funds;
any perfortnance conditions attached to the item(51 of income have been rnet or are fully wtthin the control
of the charity-
there is sufficient certainty that receipt of the Income is Considered probable- and
the amount can be measured reliably
No amounts are included in the financial statements for Servi￿S donated by volunteers.
IA Resources expended
Liabilities arè recognised as resources expended as soon as there is a legal or constructive obligation
committing the charity to the expendrture. All expenditure is accoufjted on the accrua15 basis.
Charitable expendlture comprises those costs Incurred by the charity in the delivery of its attivities. It
include5 both costs that can be allocated directly to such activities 2nd those cost5 of an indirett nature
necessary to support thern.
Governance costs include those costs assoclated with meeting the constitution81 and statutory requirements
of the charity and include the independent examinerfs fee5 and costs linked to the strategic management of
the tharity.
All costs are allocated between the expenditure categorle5 of the SOFA on a basis des18ned to reflect the use
of the resource. Costs relating to a particular activity are allocated directly; others are apportioned on an
appropriate basis e.g. staff time or estimated usage
12

SIRONA THERAPEUTIC HORSEMANSHIP CIO
NOTESTOTHE FINANCIAL STATEMENTS
for the year ended 31 December 202>
1.5 Irrecoverable VAT
ITrecoverable VAT is included in the Statement of Financial Activities and is reported as part of the
expenditure to which it relate5.
1.6 Tangiblè Flxed Assets
Tangible fixed assets, Other th3n freehold land, are stated at C05t or valuation less depreciatlon and any
provision for irnpairment. Depreciation is provided at rates calculated to write off the cost or valuation of
fixed a55ets, le55 their estlmated residual value, over their expected useful lives on the following basI5:
Buildin8S
Fixtures and fittings
IO% Reducing balance
25% Reducing balance
1.7 Fund accountlng
Funds held by the charitable company are either:
Unrestricted general funds- these funds can be used in furtherance of the charitable objectives at the
discret￿On of the Trustee Board.
Restricted funds- these funds can only be used for the partlcular re5tritted purposes within the objects of
the ¢harity. Restrittions, which are legally binding, arise when specified by the donor or when fund5 are
raised for particular restricted purposes.
The aim and use of each restricted fund is Set out in the notes to the financial statements.
Transfers to OT from restricted funds are only made where a legal or constructive obligation ha5 arisen
requiring a transfer tts be made.
1.8 Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid after taklng account of any trade discounts due.
1.9 Cash at bank and In hand
Cash at bank and cash In hand inclvdes cash and short term highly liquid investments with a short maturity of
three months or less from the date of acquisition OT opening of the deposlt or similar account.
1.10 Credltor5 and provision5
Creditor5 and provision5 are recognised where the charlty ha5 a present obllgation resultin8 from a past
event that will probably result in the transfer of funds to 3 third party and the amount due to settle the
obligation can be measured or estimated reliably. Creditors and provislons are normally recognised at their
settlement amount after allowlng for any trade discounts due.
1.11 Financial Instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic
financial instruments are initially recognised at transaction value and subsequently measured at their
settlement value.
Legal Status of the Charlty
The charlty Is a Charitable Incorporated Organisation ICIOI and is regulated by the Charity CommTsslon.
13

SIRONA THERAPEUTIC HORSEMANSHIP CIO
NOTES TO THE FINANCIAL STATEMENTS
forthe year ended 31 December 2025
3 Net income for the year
2025
2024
Net income for the year 15 Stated after charglng-.
Depreciation
Independent examiner's fee
19.982
300
20,594
300
4 Donations & grants
2025
Total
2024
Total
Unrestrlcted
Restrirted
Don3tions
The Gordon Carling foundation
Tower House Horses CIO
8.599
100,oao
1,806
8.599
loo,000
1,806
7,229
110,405
110,405
7,229
Grants..
The Gibbons Family Trust
The Norman Family Charitable Trust
British Horse Society Bursary grants
The Swire Charitable Trust
The Veronica Awdry Charitable Trust
National Lottery Community Fund
Pixel Trust
Northbrook Community Trust
Hargreaves
Wakefield Trust
High Sheriff of Devon via Devon Community
Foundation
Souter Trust
Sir Jules Thorn Trust
Magdelan H05Pltal Trust
Pets Foundation
The Elmgrant Trust
St Jarnes's Plate Charitable Foundation
Lorimer Trust
Anthony V Martin Charitabel Foundation
1,000
1.000
2,500
500
15,000
500
15.000
2,000
59,000
7.148
io,ooo
9.660
2,000
50.000
7,280
50,000
7,280
9,445
2.000
9,445
1.500
2,000
1,500
2,000
3,000
2,500
1,5
16,417
1.200
10,835
10,835
10.000
1.000
3,OOQ
io,c(x)
3.000
112,560
112,560
118,925
Total Donations & Grants
IIQ,405
112.560
222,965
126,154
14

SIRONA THERAPEUTIC HORSEMANSHIP CIO
NOTESTOTHE FINANCIAL STATEMENTS
for the year ended 31 December 2025
5 Taxation
The organlsation is a registered charity and is therefore not liable to corporation tax on its charitable
income.
6 Incomlng resources from Charitable actlvltles
2025
Total
2024
Total
Unrestrltted
Restricted
Ses5i0n income
Courses and work5hop5
Fundraising Events
T-shirt and book sales
94,421
1,075
1,814
1,271
98,581
94,421
1,075
1,814
1,271
98.581
100,420
3,795
I,A28
1,369
107.012
7 OtheT Income
2025
Total
2024
Total
Unrestiicted Restricted
Income from Insurance claim
911
911
B Total resources expended
2025
Total
2024
Total
Unrestricted
Restritted
Charitable actlvltles
Activitiès undertaken directly
Support Cost5
89,OS7
35,714
90,303
20,825
179,360
56,539
182,846
57,435
Total
124.771
111,128
235,899
240,281
Costs of ralslrtg funds
7,191
7.191
6.437
131,962
111,128
243,090
246,718
15

SIRONA THERAPEUTIC HORSEMANSHIP CIO
NOTES TO THE FINANCIAL STATEMENTS
forthe year ended 31 December 2025
9 Resources expended
2025
Total
2024
Total
Unrestrltted Restrlcted
Actlvltles undertaken dirertly
Staff salaries
Session practitioner5
Supervision and Training
Volunteer expenses
Bursaries given
Horse feed and care
Horse tack and clothing
Facility maintènance
Educatlon materials
Licences and Insurance
Maiketing and promotion
39.966
10,691
4,226
695
7,416
11.983
752
9,157
249
3,220
702
67,799
4,008
1,500
107,765
14,699
5,726
695
15,468
13.365
946
9,178
249
8,220
3.049
179.360
104,074
20,005
6,063
1,783
16.814
13,585
285
9,261
414
7,166
3.396
182,846
8,052
1,382
194
21
5,000
2,347
90,303
89,057
Support Costs
Staff salaries
Rent and Utilities
Office costs
Motor running
Sundry expenses
Accountancy
Consultancy and Professional fees
Bullding Equipment depreciation
L055 on disposal of equipment
Evaluatlon salary
Governance cost- Indepèndent Examiners Fee
3,165
3.108
2,987
181
2,618
3,240
16.412
19,577
3.108
2.987
1,594
2,618
3,240
12,874
2,349
1,713
3.824
2,698
3,120
7,080
20.460
17
3,000
300
57,435
1.413
19,982
133
19.982
133
3,000
300
56,539
3,￿0
300
35,714
20,825
Costs of Generating Funds
Staff salary
Fundraising 5UPPOrt
6,566
625
7,191
6,566
625
7,191
6,437
6,437
Of the resources expended for 2024, £119.151 were unrestricted and £127,567 were restricted
16

SIRONA THERAPEUTIC HORSEMANSHIP CIO
NOTES TO THE FINANCIAL STATEMENTS
forthe year ended 31 December2025
10 Tanglble flxed assets
Buildings Equlpment
Total
Cost
At l January 2025
Addition5 in yèar
Disposals during the year
At 31 December 2025
283,404
2,145
29,986
2,131
17951
31,322
313.390
4,276
17951
316,871
285,549
Depreclatlon
At l January 2025
Charge foF year
DeprÈtiation on disposal
At 31 December 2025
112,097
17,346
21.443
2,636
16621
23,417
133,540
19,982
16621
152,860
129,443
Net book value
At 31 Detember 2025
156,106
7,905
164,011
At 31 December 2024
171,307
8,543
179,850
11 Debtors
2025
2024
Trade debtors
Prepayments
1,736
445
983
282
2,181
1265
12 Current asset irwestments
Cash on fixed term deposit l< l yearl
130,000
13 Credltors: amounts falling due wlthln orte ye31
2025
2024
Trade Creditors
Taxation and social se¢urlty
2.254
3.121
870
1,091
5,375
1,961
14 Trustees and employees
Number of employees
There wère 3 full time and 6 part time employees during the year12024- 3 full time and 5 part timel
Trustee5' remuneration and reimbuTsemerrt
One trustee was reimbursèd for facilitation of courses amounting to £15012024- £5Crf)l and travel expenses
amountTrng to £55912024 -£6801 during the year.
17

SIRONA THERAPEUTIC HORSEMANSHIP CIO
NOTES TO THE FINANCIAL STATEMENTS
forthe year ended 31 December 2025
15 Anatysis of assets between funds
Flxed
Assets
Net
Current
Assets
Creditors
of more
than one
year
Total
Unrestrirted funds
General
Restrirted fund5
As at 31 December 2025
164,Clll
132,803
30,541
163,344
296,814
30,541
327.355
164.011
16 Summary of movement In funds
The restricted income funds of the charity arisinB through its activities are as follows..
Fund name IFunderl
Restrlcted purpose of fundSng
The Gibbons Family Trust
National Lottery Communlty Fund
Swire Charitable Trust
The Norman Family Trust
Pixel Trust
GranistQ 5UStain the attivtties atslrona
Agrant to Sustsin and enhan¢ethe attNities atSiron3
A grantfor core costs
A8rantforgeneral session costs
A grantto piovide subsidised sesSiODStOyOUDÉ people experlencing
increased ment31 health issues
Glants for buisaries and trainin8
A graAtfor8enÈpl costs
A grantforbur5arSes
A8r3ntforgeneral cost5
8rltish Horse Society
The Veronica Awdry Charitable Trust
The Hargreaves Foundatior>
Wakefleld Trust
High Sheriff of Devon via Devon Community
Foundation
Souter Trust
Sir Jules Thorn Trust
Magdalen Trust
The Pets Foundation
The Elmgrènt Trust
St James's Place Charitable Foundation
The Lorimer Trust
Atithony V Martin Charitable Trust
A8rantforourcharrtible work
A 8f3nt for8eneTal costs
A8￿￿tfor general wsts
A grani forgeneral costs
A8r3ntto provlde 5e5sionstoyoung people
A grantforse55ions With young people with disabilrcles
Agkntforourcharitsble Work
A 8rantfor bursaries
A granttoward5 our charitsble work
18

SIRONA THERAPEufic HORSEMANSHIP CIO
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2025
17 The movements of funds for the year ended 31 December 2025 were as follows-.
Open5ttg In¢omlTrB
balance
resources
OutgoinR TransfeTS
resources
C105ing
Balanc
Restricted funds
The Gibbons Family Trust
National Lottery Community Fund
Swire Charitable Trust
The Norman Family Trust
Pixel Trust
British Horse Society bursary grants
The Veronica Awdry ChaTItBble Trust
H3rgreaves
Wakefse1d Trust
HiEh Shèriff of Devon via Devon Community Foundation
Souter Trust
Sir Jule5 Thorn Trust
Magdalen Trust
Pet's Foundation
Elmgrant Trust
St james's Place Charltable Foundation
The Lorimer Trust
Anthony V Martin Charitable Trust
519
519
50,000
7,500
257
7,282
500
2,000
6534
833
1,500
2,200
1,500
1,000
16,417
1,200
10,000
818
1,068
50,000
15,000
7,500
257
4,716
7,280
500
4,714
2,000
9.445
2,000
1,500
2,OCKI
2,911
1,667
500
1.000
1,500
1,0
16,417
1,200
800
10,835
10,835
10,000
1,000
3,000
182
1.932
29,109
112,560
111.128
30,541
Unrestricted fuftds
Genera
131.962
296,814
217,419
211,357
Sufficient resources are held for each restricted fund in an appropriate form to Enable funds to be applied in accordènce
with the restrictions.
19