REGISTERED CHAIUTY NUMBER: 1170049 Report of the Trustees and Unaudited Flninclal StAtement5 for the Year Ended 31 March 2024 for HORSLEY, BOOKHAM AND LEATHERHEAD RDA Russell & Co Sldlion House Siaiion Approach East Horsley Leatherhead Surrey KT24 6QX
HORSLEY, BOOKHAM AND LEATHERHEAD RDA Contents of the Financial Statements for the Ye4r Ended 31 March 2024 P2ge Report of the Trustees Independent Examlner's Report Stgtem¢nt of Flnanclal Actlvltles Balance Sheet Iyotes to the Finlnclal Stgtements 6 to 12 Detailed Statement of Flnancial Actlvltles 13 to 14
HORSLEY. BOOKHAM AND LEATHERHEAD RDA Report of the Trust¢e$ for the Ye4r Ended 31 Mareh 2024 Horsley. Bookham and L¢aiherhead Ridtng for the Disabled Associalion ( the Association") a Charitable Incorporated Organi5ation (CIO) operating under the umbrella of the Riding for the Disabled Association of Norfolk House, l A Tournamenl Court, Edgehill Drive. Warwick. CV34 6LG registered with the Charities Commission (No. 244108). As at 31 st March 2024 the Association was administered by a management committee of Trustees compri5ing.' Chair Mrs Sheryl John50n Secrelary Mrs Rebecca Macefield Treasurer Mrs Ruth Blowers Other Trustees Mrs Ang SLOtt, Mr Bale Mould (resigned 22nd August 2023), Mr Bary Tregaskis, Mrs Fiona McGann, Miss Joanna Marsh. Mrs Kerry Dawes, and joined by Mr Jonathan Cook on 13th August 2023 and Mrs Christine Reynolds on 18th January 2024. Ai the Annual General Meeting on 22nd August 2023, Kery Dawes and Barry Mould resigned as per the requirements on the CIO rules and Kerry Dawe5 was re-elected. Jonathan Cuok's appointment lo focus on working with our horses and volunteers, to ensure a consislenl approach lo working with Ihe horses 10 improve their behaviour was unanimously approved by Members. The obj¢clive of the Associaiion i.s to provide therapy, fitness, skills development, and opportunities for achievement using horses 10 b¢n¢fit Ihe lives of disabled Lhildren and adults. We provide assistance wilh volunt¢¢rs. Loaches. horses, and faciliti¢s for riding so that all pttople who would benefit in Iheir mental or physical health from riding shall be given the opportunity to do so. Minimum Res¢rv¢s as required by ihe Charity Commission - £30K. All charities have a statutory duty to sei minimum reserves to ensure their continued status as a going concern. HB&L RDA minimum re5erveb remuin at £30k, These funds are there for dire emergencies and can only be usvd for general nmning costs should our Status change and we need to Use them to remain a going concern. The Truslees would like to highlight our ponies al the end of this year - AJ (loaned to us), Betty (purchased Feb 24 with a grant from The Wisl¢y Foundation), Bonnie. DC. Elvis, Freckles. Hector. Maggie, Shamrock (purchased Jan 24) and Tilly. Recent changes have seen Coco returned to owner Jan24, a brief trial of Melody and Torn off to sales livery. Wilhout our ponies we would not be able to support our regular sessions with th¢ following schools: Broadwater, Eastwick (Rainbows and years l & 2), Stoughton. St. Philipb and Woodlands, and our sessions with non-school individuals. Froin February 2024 with the addition of a new coach funded with a grant from Sport for England, we introduced three se55i0n8 on a Saturday Inorning totalling eighteen individuals aged 4 to 13. Regular rider5 donated £14,249, an average of £7 for up lo 30-minule session. We were able to provide 1598 rides with 118 riders and 130 volunteers, In addition lo our annual fundraAsing events Quiz night (£3,023) and Barn Dance (£4,568) which was kindly sponsored by Mowtivated Lid. we h¢ld an online Easter Auction (£3,640) and a great series of demo evenings (£2.839) including a visit from Sophie Christiansen and her amazing new partner. William. We also Irialled a Sponsored Ride held at Clandon Park with the kind permission of ihe Earl and Countess of Onslow, which received fabulous feedback, raised £5,280 and as so successful will becoine a bi-annual event. Our collection pots from local Stores, street and event collections raised £1,955, including £1,074 from our loyal Co-op shoppers. A total of £36,140 was paid up to 31 st March 2024 to Badgers Fann for looking after our ponies. We paid £l1.225 to our horse care specialists e.g. farrier. clipping, saddler, dentist. vel etc. We have had fabulous sharers for the ponies. with donations of £29,423 (and £1,085 from show day5), towards these costs. In addition to looking after our ponies this year we also have running costs for the riding centre including £2,944 for electricity, £1,454 for repairs and maintenance of the rider lift. fire alarni system etc. Page<l
HORSLEY, BOOKHAM AND LEATHERHEAD RDA Report of the Trustees for the Year Ended 31 March 2024 During the year dividends on the Income Units of £1,375 were received and interest received on the COIF deposit accounl was £1,605. There was a net gain of £6,265 in the value of the CCLA Investment fund at year end in line with market perfornlance. The Trustee5 would like to thank the following trusts and foundations for iheir generous donations towards running costs lotallin8 £25,000 - Comrnunity foundation for sueY, Horsley Farn]ers Market, John Ede Trust, The Borrows Charitable Trust, Shere Hill Climb, Stockwell Cliffe TNSL and the Ingram Trust. In addition. many thanks lo Sport England and The Wisley Foundation for their generous donations. The TSte¢S wish to express their grateful thanks to all who have assisted with the riding, all our wonderful volunteers and to everyone who has supported us this year. Without all this help the Association would be unable to function. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The ¢harity is a charitable incorporated organization and is controlled by its governin8 document. a constitulion. REFERENCE AND ADMINISTRATIVE DETAILS Registered ChArlty number 1170049 Principal Address 27 Parkside Place Easl Horsley L¢atherhead Surrey KT24 5BZ Independent Examlner Rus)ell & Co Station House Station Approach East Horsley Surrey KT24 6QX Approved by order of the board of trustees on ... and signed on its behalf by: Trustee Trustee Page 2
Independent Examiner's Report to the Trustees of Horsley, Bookham and Leatherhead RDA Independent examiner's report to the trustees of Horsley. Bookham and Leatherhead RDA I report to the charity trustees on my examination of the accounts of Horsley, Bookham and Leatherhead RDA (the Trust) for the year end¢d 31 March 2024. Responsibilities and basis of report As Ihe charity trusiees of the Trust you are responsible for ihe preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Acl,). I report in respect of my examination of the Trust's accounts caled out under Section 145 of the Act and in carrying out my examination I have followed all applicable Direciions given by the Charity Commission under Section 145(5)(b) of the Act. Independent examlner's Stalement I have compleied my exarnination. I confinn thal no material matters have com¢ to my attention in conneclioD Wlth the examination giving me cause to believe that in any mat¢rial respect.. accouniing records were not kept in respect of the Trust as required by Section 130 of the Acl: or the accounts do not accord wilh thos¢ records. or the accounts do not comply with the applicable requirements concerning the forni and content of accounts sel out in the Charities (Account5 and Reports) Regulations 2008 other ihan any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent ¢xamination. I have no conLerns and have come across no other matt¢rs in connection wilh the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. A Russell Ru55ell & Co Sialion House Station Approach Easi Horsley Leatherhead Surrey KT24 6QX Date: Page 3
HORSLEY, BOOKHAM AND LEATHERHEAD RDA Statement of Flnancial Activities for the Year Ended 31 March 2024 2024 Total funds 2023 Tolal funds Unrestricted fund Restricted fund Notes INCOME AND EIYDOWMENTS FROM Donation5 and legacies 31,480 8,949 40,429 51.311 Other trading activities Investment income Other income 67,648 3,006 67,648 3,006 1,455 62.357 1,615 Total 100 679 109 628 117813 EXPENDITURE ON Charltable activities HORSE CARE SPECIALISTS INSURANCE SUBSCRIPTION RACE NIGH"r BOOT CAMP BADGERS FARM Quiz RESTRICTED OTHER EVENT EXPENSES BARN DANCE ADVERTISING RESTRICTED ANNUAL PROGRAMMES FREELANCE COACHES RIDING CENTRE ELECTRICITY REPAIRS & MAINTENANCE 11,225 2,061 11,225 2,061 8.111 270 350 240 33,996 816 3,223 680 1.614 4,873 612 36,140 925 36,140 925 3,486 3,683 1,721 130 3.486 3,683 1,721 130 270 2,944 1.454 270 2,944 1,454 Other 23.260 Total Net gains/(105ses) on investments 1,012 NET INCOME 20,989 5,463 26,452 38.756 RECONCILIATION OF FUIYDS Toul tunds broughi forward 337,121 567,452 904,573 865,817 TOTAL FUNDS CARRIED FORWARD 358 110 572,915 931025 904.573 The notes forni part of these financial statements Page 4
HORSLEY, BOOKHAM AND LEATHERHEAD RDA Balance Sheet 31 March 2024 2024 Total funds 2023 Tolal funds Unrestricted fund Restricted fund Notes FIXED ASSETS Tangible assets 229,929 572,915 802,844 809.526 CURRENT ASSETS Debtors Investmenls Cash at bank 343 68.965 343 68,96S 62,725 4,867 63,163 32.105 132,033 132,033 100,135 CREDITORS Amounts lalling due within one year (3,852) (3,852) (5.088) NET CURRENT ASSETS 128,181 128,181 95,047 TOTAL ASSETS LESS CURREIYT LIABILITIES 358.110 572,915 931.025 904,573 NET ASSETS 358 110 572 915 931025 FUNDS Unrestricted funds: General fund Restricted funds.. Restricted Fund io 358,110 337,121 572 915 567 452 TOTAL FUNDS 931025 The financial slalemenls were approved by the Board of Trustees and aulhorised for issue on Sl8ned on ils behalf by: . and were Trustee Trustee The notes forn) part of these financial slatemenls Page 5
HORSLEY, BOOKHAM AND LEATHERHEAD RDA Notes to the Financial Statements for the Year Ended 31 March 2024 ACCOUNTING POLICIES Basis of preparlng the financial statements The financial siaiements of the charity. whioh is a public benefit enlity under FRS 102. hav¢ been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charitie5'. Slaiement of Recommended Practice applicable to chartiies pr¢paring their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effeclive l January 2019),, Financial Reporting Siandard 102 'The Financial Reporting Siandard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expendlture Liabilities are recognis¢d a5 expenditure as soon a5 there is a legal or constructiv¢ obligation committing the charity to that expenditure, it is probable that a transfer of economic b¢nefits will be required in settlement and the amount of the obligation can be me&%ured reliably. Expenditure is accounted for on an accruals basis and has been cla55ified under heading5 that aggregate all lost related to the category. Where costs cannot be dir¢¢ily attributed lo particular headinsvs they have been allocal¢d lo aclivitie5 on a basis consistent with the use of resources. Tanglble fixed assets D¢preLialion is provided ai the following annual rates in order to writ¢ off each asset over its ¢stimated useful life. Taxatlon The Lharity is exempi from tax on its charitable activities, Fund Accountlng Unrestricted funds can be used in accordance with the charitabl¢ obj¢ctives at the discretion of the trust¢¢s. Restricted funds can only be us¢d for particular restricted puJpos¢s within the objects of the charity, Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in th¢ notes to the financial slalements. OTHER TRADING ACTIVITIES 2024 2023 Fundraising event5 Street. Store & Event collect Quiz Race Night Don3iions - Restricted Annual Collection Boxes Riders, contribulions Auction & Demo Series Merlhandise. Tack, Equipment 204 1,955 3,023 1,883 5,658 3,954 450 1,690 687 14,055 7.893 613 284 14,249 6,479 863 Carried forward 27,057 36.883 Page 6 continued...
HORSLEY, BOOKHAM AND LEATHERHEAD RDA Notes to the Financlal Statements- continued for the Year Ended 31 March 2024 OTHER TRADING ACTIVITIES- continued 2024 2023 Brought forward Spon50r a Pony Share a Pony Barn Dance Pony Donations Tea wiih a Pony elc Sharer Show Days Sponsor¢d Ride 27,057 75 29,423 4,568 36,883 255 26,246 2.973 {4.000) 160 1,085 INVESTMENT INCOME 2024 2023 COIF Income share dividends Deposit account interest Interest receivable - trading lJ75 1,605 26 ,075 540 3,006 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ¢ndcd 31 March 2024 nor for Ihe year end¢d 31 March 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 Mah 2024 nor for the year ended 31 March 2023, COMPARATIVES FOR THE STATEMEIYT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted fund Total funds INCOME AND ENDOWMENTS FROM Donalions and legyacies 34,489 16,822 51,311 Oiher Iriadin¥ activities Investment income Other income 60,667 1,615 1,690 62,357 1,615 Total 99,301 117 813 Page 7 continued...
HORSLEY, BOOKHAM AND LEATHERHEAD RDA Notes to the Financl21 Statements - conlinued for the YeAr Ended 31 March 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- contlnued Unrestricted Restricted fund fund Total funds EXPENDITURE ON Charitgble activities HORSE CARE SPECIALISTS SUBSCRIPTION RACE NIGHT BOOT CAMP BADGERS FARM Quiz RESTRICTED OTHER EVENT EXPENSES BARN DANCE ADVERTISING RESTRICTED ANNUAL PROGRAMMES 8,111 270 350 240 33.996 816 8,111 270 350 240 33,996 816 3.223 680 1.614 4.873 612 3,223 680 1,614 4,873 612 Other 23.260 Total 62,204 15.841 78,045 Net sainsl(losses) on investmen15 1.012 NET INCOME 36.085 2,671 38.756 RECONCILIATION OF FUNDS Totsl funds brought forward 301,036 564,781 865,817 TOTAL FUIYDS CARIUED FORWARD 337,121 567 452 Pag¢ 8 continued...
HORSLEY, BOOKHAM AND LEATHERHEAD RDA Notes to the Financial Statements- continued for the Year Ended 31 Morch 2024 TANGIBLE FIXED ASSETS Fixtures and rittings Riding Centre Saddles & Horses Totals COST At l April 2023 Addilions Dispo%al.s 798,352 33,881 16,734 3,000) 390 1,079 832,623 17.813 3,583) At 31 March 2024 797 769 1,469 DEPRECIATION Al l April 2023 Charge for year Eliminaied on disposal 13,817 15,967 9,052 4,980 228 429 23,097 21,376 At 31 March 2024 29,784 13.568 657 44,009 NET BOOK VALUE At 31 March 2024 767 985 812 At 31 March 2023 784 535 24.829 162 809 526 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other debiors 343 CURRENT ASSET IIYVESTMEIYTS 2024 2023 COIF Charities Investment Fund Page 9 continued...
HORSLEY, BOOKHAM AND LEATHERHEAD RDA Notes to the Flnanclal Statement5- condnued ror the Year Ended 31 March 2024 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other creditors 3,851 io. MOVEMENT IN FUNDS Nel movement in funds At 31.3.24 Al 1.4.23 Unrestricted funds General fund 337.121 20,989 358,110 Restricted fund5 Restricted Fund 567,452 5,463 572,915 TOTAL FUNDS 904 573 26,452 931,025 Net movemenl in funds, included in the above are as follows: Incoming resources Resources expended Gains and losses Movement in funds Unrestrlcted fund5 General fund 100,679 (85,955) 6,265 20,989 Reslrleted funds Restricted Fund 8,949 (3.486) 5,463 TOTAL FUNDS 109 628 89 441) Page 10 continued...
HORSLEY, BOOKHAM AND LEATHERHEAD RDA Notes to the Flnanclal Statements - continued for the Year Ended 31 March 2024 io. MOVEMENT IN FUNDS- contlnued Compar4tive$ for movement In funds Net movement in funds At 31.3.23 At 1.4.22 Unrestricted funds General fund 301,036 36,085 337,121 Restricted funds Restricted Fund 564,781 2,671 567,452 TOTAL FUNDS 865 817 38,756 904,573 Comparative net movement in funds. included in the above are as follows.. Incoming resources Resources expended Gains and losses Movement in funds Unrestrlcted funds General fund 99,301 (62,204) (1,012) 36,085 Restrlcted funds Restri¥ted Fund 18,512 (15,841) 2,671 TOTAL FUNDS 117813 A current year 12 months and prior year 12 months combined position is as follows.. Net movement in funds At 31.3.24 Al 1.4.22 Unrestricted funds General fund 301,036 57,074 358,110 Re5trl¢t¢d funds Restricted Fund 564.781 8,134 572,915 TOTAL FUNDS 865.817 65,208 931025 Pagell continued.,.
HORSLEY, BOOKHAM AND LEATHERHEAD RDA Notes to the Flnancial Statements - continued for the Yegr Ended 31 MArch 2024 io. MOVEMENT IN FUNDS- eontlnued A Cuent year 12 month5 and prior year 12 months combined n¢t movement in funds, included in the above aTe as follows: Incoming resources Resources expended Gains and losses Movement in funds Unrestricted funds General fund 199,980 (148,159) 5,253 57,074 Restricted funds Re.8tricled Fund 27.461 (19,327) 8,134 TOTAL FUNDS 227 441 167.486) 65,208 ii. RELATED PARTY DISCLOSURES There were no related party transactions for ihe year ended 31 March 2024. Page 12
HORSLEY, BOOKHAM AND LEATHERHEAD RDA Detailed Statemenl of Financial Actlvities for the Year Ended 31 March 2024 2024 2023 INCOME AND ENDOWMENTS Donatlons ind legacies Donation5 Gifi aid Donations - New Build 38,653 1,776 33,303 1.186 40.429 51,311 Other tradlng aetlvltles Fundraising evenls Street, Store & Event collect Quiz Race Night Donations - Restricted Annual ColleLlion Boxes Riders, conlribulions Auction & Demo Series MerLhandise, Tack, Equipment Sponsor a Pony Share a Pony Barn Dance Pony Donations Tea with a Pony etc Sharer Show Days Sponsored Ride 204 1,955 3,023 1,883 5,658 3,954 450 1,690 687 14,055 7,893 613 255 26,246 2,973 (4,000) 284 14,249 6,479 863 75 29,423 4,568 160 1,085 5,280 67,648 62.357 Investment income COIF Income share dividends Deposit account interest Interest receivable - trading 1,375 1,605 26 1.075 540 3,006 1,615 Other ineome Gain on sale of tangible fixed assets Total Incoming resources 109,628 117,813 This page does not forn] part of the statutory financial statements Page 13
HORSLEY, BOOKHAM AND LEATHERHEAD RDA Detailed Statement of Financial Activitles for the Year Ended 31 March 2024 2024 2023 EXPENDITURE Charitable aellvltles Insurance Riding Centre Electricity Advertising Restricted Annual Programmes Horse Care Specialists Quiz Race Nighl Subscriptions Bool Camp RestriLted Badgers Fann Other Event Expenses Bam Dance Freelance Coaches Repairs & Maintenance 2,061 2,944 130 1,912 1,358 1.603 612 8.111 816 350 270 240 3,223 33,996 680 1,614 11,225 925 3.486 36,140 3,683 1,721 270 64,039 54.785 Olher Repairs & Maintenance Equipment and Expenses Training Courses Merchandise Appreciation Award5 Professional Fees & Subs Administration IT Consumables & Software Postage, Printing & Sialion¢ry Depreciation of tangible fixed assets 175 1,957 299 1,504 688 180 108 152 400 1,838 313 203 500 1,064 292 Tolal resource5 expended et Income This page does not forni part of the statutory financial statements Page 14