Scropton Riding for the Disabled Centre (A company limited by guarantee) Report and Financial Statements Year ended 31 December 2020 Charity number 1170646 Company number: 10427277
Scropton Riding for the Disabled Centre Registered Charity 1170646 Report and accounts for the year ended 31 December 2020 Contents Pagè Chairman's Report Legal and Administratlv8 Infomiation Report of the Trustees ststement of Trustees, Re8ponslblliti88 Indep8nd8nt Audito¢s Report 10 Statement of Financlal Activitie8 Balance Sheel 12-13 Notes to the Accoun1$ 14-24
S¢ropton Rldlng for the Dlsabled Centre Registered Charlty 1170646 Chalrman's Reportfor the year ended 31 December 2020 Scropton Riding for the Disabled Centre, also known as Scropton RDA, has been providing life- enhancing iiding and driving activrties for disabled Children and adults for over 55 years. and is one of the founding members of the Riding for the Disablecl Association. Located in South Derbyshire rt is th8 onty independent centre of rts kind in the East Midlands, with around 350 riders and drivers using the Centre on a weekly basis. Our Centre is much more than just riding school with many local groups and individuals involved, giving it a real sense of Communrty. People from 5 years of age upwards with a wide range of disabilities including physical, learning, sensory, profound and multiple dlsabilities use our specialist facilities. Our Centre is tailored to ensure that all our visitors have a safe and fun sporting experi8nc8 whilst also receiving the physical and social therapeutlc benefits that riding and working with horses is known to have. All that belng said, it's fair lo say that 2020 has been a year like no other. As the Covid-19 pandemic 8W8Pt across the globe in early 2020 the charity bracéd itself, but no-one could havè predicted what a year it would turn out to be. Likè most of the United Kingdom, we shut our doors in March 2020 as the country went into a national lockdown, and due lo ongoing Covid-19 restrictions we remalned closed throughout the entire year. We made use of the Job Retention Scheme and placed most of our employees on furlough, retalning One stsff member to care for our horses and ponies. Around half of our horses were on loan so were returned lo their owners. and those Ihat we own were fostered out by volunteers or oth8r supporters of the Centre, keeping just 3 on site. This course of action allowed us to effectively mothball the Cenlre, which drastically reduced our monthly overheads. And thanks to an unprecedented response to our emergency app8al the Centre has managed to weather the storm and we find ourselves in 8 relatively secure financial position. So as the country slowly started to re-open in May 2021 we began making plans. and finally in July 2021, after a long 16 months, we opened our doors again and riding lessons re-slarted. All of this has only been possible because of the support we had during our darkest days., the Ilst Ss long bul I would like lo t8ke this opportunity to thank some of those who have helped us along the way. Our Staff, who have dedlcated Ihemselves to the Cenlre, they have been hard working, flexibl8, generous and loyal. Unfortunately, towards the end of Ihe year we had to let some of them go, which was met with understanding and compassion, it was truly humbling. Our volunteers, who as always have done whatever it takes lo keep thlngs moving along, including a lol of gardening and maintenance workl Horse and pony foster carers, these individuals took our horses and ponies into th8lr homes {not literally) and cared for them, often at Iheir own expense. It gave our poni8s a change of Snery. some much needed time off and a luscious paddock oflheir own. Grant makers and private donors, the generosty we have received has been truly heart- warming and because of their donations we have kept the Centre financially secur8 throughout this p8riod ensuiing ils sutvival for the future. My fellow Trustees, who give their time freely, have helped me steer the Centre through this extraordinary year, there have been times when the future seemed so uncertaln. but we have pulled together and pulled I Tim Parker Chairman 2Th1 September 2021
Scropton Riding for the Disabled Centre Reglstered Charity 1170646 Lègal and Admlnlstrallve Infomiatlon Charity Number.. 1170646 Company Reglslration Number.. 10427277 Registered Office.. Scropton Riding & Driving Centre Watery Lanè Scropton Derbyshire DE65 SPL Bankers.. CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Malling ME19 4JQ Independent Examlner: Glen Bott FCA Cooper Parry Group Limrted Park View One Central Boulevard Blythe Valley Park Solihull B90 88G Dlrector8 and Tru8tO08 The Direclors of the charltable company (the charity) are its Trustees for the purpose of charty law. The Trustees and officers seNing during the year and since Ihe year end were as follows.. Trusteas.. Tim Parker Ami8 Walker Glynis Dalley Helen Scott-south Peter Tunnicliffe Dlan8 O'Halloran Chair Treasurer (Appointed 18. F8bruary 2021) (Appointed 18° March 2021) {Appointed 18th March 2021)
Scropton Riding for the Dlsabled Centre Registered Charity 1170646 Report of the Trustses for the year ended 31 Decernber 2020 The Trustees are pleased to present their annual report together with thè financial statements of the charity for the year ended 31 December 2020. which are also prepared to meet the requirements for Directors, Report and Accounts for Compan18s Act puiposes. The financial statements comply wlth the Charities Act 2011, the Companies Act 2006, the M8morandum and Articles of Association, and Accounting and Reporting by Charities,, Statem8nt of Recommended Practice applicable to charrties preparing their accounts in aG¢ordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019. Our purposes and actlvltle8 The purposes of the charity are.. to further the objectives of the RDA (Riding for the Disabled Association Incorporating Carriage Driving) Charity Number 244108 to pTovide disabled people with the opportun41y to ride andlor carriage drive to benefrt their health and well-being and achiev8 their goals F8¢illtl8s for riding and ¢arriage drivlng are provided at the Cenlre. The assistance in the provision of such facilities is provided by our stsff, coaches and volunteers, all of whom are fully quallfied for their relevant tasks and attend training courses related to providing horse riding and carriage driving for people with physical disability and learning difficulties. In sh8plng our obje¢lives for the year and planning our activMle8, the Truslees have considered the Charity Commission's guidance on public benefrt. Achlevements and performance Rldlng and Drlvlng All riding and driving activities ceased in March 2020 as the national lockdown came in to force. They Temained on hold throughout the year, all competitions and evenls were also subsequently cancelled as well. Hors We started the year wlth 27 horses and ponies, but the impact of our closur8 ha8 resulted in only 7 remaining at the Centre. Of the 20 that we no longer have at the Centre, 11 went home to their owners (they were only on loan lo the charity), 3 were retired and 6 were sold for a variety of reasons. The horses and ponies that we own were fostered out for most ofthe year, which allowed them to have a complete break both mentally and physically. The foster carers took on the full responsibility for their day-ttrday Care, and for the most part at their own expense too. We had fegular updates and plenty of photographs of the horses and ponies enjoying their holiday6, which were shared on social media. As restrictions finally eased in May 2021, we started to make plans for re-opening which included some new horses. During June and July, we purchased 4 additional horses taking the lotal to 11 for our re- opening in July 2021. As we start to build the business again, we will grow the herd along with it.
Scropton Riding for the Dlsabled Centre Registered Charity 1170646 Throughout the closure all our horses were given the hlghest quality of c8re. The staff, voluntears and foster carers have worked hard to ensure their needs have been met and that the welfare of our horses and ponies was never compromisèd. Volunteers The Centre has a large team of volunteers, wilhoul which the Centre would not be able to opèrate. Thes8 range from volunteer coaches and yard staff lo maintenance and caterers in the coffee bar. We also have a few supported volunteer5 who gain a great d8al of Independen and personal responsibility from helping around the yard. All this help means the number of staff can be kept lo a mlnlmum. The Centre has a part-time Volunteer Co-ordinator who provid8s a consistent and regular contact with all volunteers, engages in recruitment, undertakes stalutory checks. arranges training and CO•ordinates attendance limes. The Trustees want to take this opportunity to thank each and every volunteer vlho generously donates their lime to ensure the Centre continues lo slay open for our customers and, in addrllon, for providing the friendly and enriching environment within which our customers can flourish. Volunteerlng has been limited during the year, bul there h8s been a steady stream of volunteers al the Centre as and when the Covid-19 regulations have allowed. As there has been no activities running at the Centre the volunteering has focused on th8 Slte rtself, whether that be maintenan¢e, painting or gardening. Fundlng The Cenlre Is entirely self-supporting, relying on self-generated funds, donations and grants to cover the general running costs and various improvement projects that become necessary during the year, The majority of the Centre's income comes from fees from riding activities, which are kept as low as possible to ensure they remain within the range of its RDA customers. These fees alon8 do not g8n8rate enough to cover the operating costs and therefore the Centre remains heavily dependent on ils charitable status and the generosity of thos8 SUPPOrting the Centre Ihrougtr donations. We have relied heavily on grants and donations throughout the year as income from riding activities ceased in March 2020. Some of our regular supporters, an¢J some nèw ones, were keen to help the survival of the Centre and we ended the year very successfully with £216,81212019'. £128,367} in donations and grants. The Trustees would like to thank all those supporters Ihal gave generously during the year, and an additional thank you lo those funders that allowed us to transfer grants from projects that were cancelled due to Covid to instead support our Covid relief, ultimately helping the Centre to survive. Projects We upgraded the indoor arena surface in July 2020 which was paid for wlth the restricted funds that had been raised during 2019. We also successfully applied for grant funding to replacè the windows and doors in the onsrte accommodation. the work for this was Carried out in November 2020. Due to ¢ir¢umstances no other projects took place during the year.
Scropton Riding for the Dlsabled Centre Registered Charity 1170646 Actlvlties of Scropton Equestrian Céntre Ltd (SEC Ltd) During the first quarter all able-bodied riding lessons were conducted by the trading subsidiary Scropton Equestrian Centre Ltd {Company Number 03861792). A total of £20,091 (2019.. £63,075) has tseen received from that company in relation to charges for the use of the Centre's facilities and donations. Flnanclal revlew and reserves pollcy The core income from disabled riding lessons, together with income from SEC Ltd. and regular fundraising activities is insufficient to cover Ihe day-lo-day costs of running the Centr8. The nature of donations, gifts and grants is Ihat they are Irregular and cannot be relied upon lo keep the accounts in surplus every year. AOrdInglY, the Trustees try to maintain reserves sufficient to carry the charity through any lean years which may arise and, in addition, build up funds to finance development projects which enhance the available facllilies. As the Covid-19 pandemic in March 2020 took hold and forced the temporary closure of the charity, the reserves held by the charity have proved to be sufficient. The level of free resèNes h8ld by the charty at the year end is £89,04412019'. dèficit of £4,089). The Trustees applied for a loan of £100,000 in 201910 support the 3-year {2020- 2022) business plan, the applicalion was accepted and was received in May 2020, The business plan was created prlor to the Covid-19 pandemic, which is now on hold until we can return to normal aclivitles. The loan was still completed with the expectation it will support a naw buslness plan from 2022 and onwards. The Cenlre's total income for the year was £284.962 {2019.' £324.056), costs W8re £238,130 (2019.. £299.764), resultin9 in a surplus of £46,832 {2019'. £24,292 surplus). Future plan8 The Centre has been running for over 50 years and the Trustees are committed to the Centre being around for another 50 years. The plan for 2020 was all about building a stronger, more sustainable and financially secure future for the Centre and all its users. However, the Covid-19 pandemic in 2020 changed the charity plans considerably The plan for 2021 is now all about the road to re-opening. The Centre finally re-opened in July 2021 bul il will start slowly, the riders have had a long time out of the saddle and will need to build their riding frtness back up. It is anticipated that rider numbers will build steadily Ihroughoul the ¢ouTse of the year and the Truslees alm to be back to pr8-Co¥id levels by th8 end of 2021. Despite Government restrictions being relaxed during the spring and 6ummer of 2021, many of the Centre's participants are class8d as vuln8rab18, accordingly the Trustees will still ensure that Covid secure procedures are in place for the foreseeablé future to ensure the safety of all involved. To help with this the Cenlre has introduced other types of ground-based activities that oan be carried out safely, this includes Horse Care and Horse Agility. It will also give non-ridden opportunities to those who need time to adjust. The Trustees are aiming to include as many of the existing clients as possible by offering a variety of different horse-based activilie5, Ihe Trustees believe there will be an activity accessible for everyone. In additional to existing clients there is a significant number of new clients that have applied for18ssons during the last 6 months, the Trustees look forward to welcoming them to the Cenlre in due course.
Scropton Riding for the Disabled Centre Registered Charity 1170646 Structurè, Governance and Management Governlng Document Scropton Riding for th8 Disabled Centre is a company limited by guarante8 governed by its Mèmorandum and Articlés of Association dated 13 Octob8r 2016. It is registered as a charty with the Charity Commission. Anyone overth8 age of 18 can become a Member of the Company and there are currently 9 Membèts. each of whom agrees to contribute £1 in the event of the charity wlnding up. Appolntmont of Trustee8 When new or addltlonal Trustees are required they are elected by the Members or co-opted by the Trustees. All Trustees are also Members and support the objects of the charty, as set out above. The Trustees retire at each Annual General Meeting of the charlty. Trustees may then stand again and may be reappolnt8d by the Members. Co-opted Trustees hold office until the next AGM vthen they retire but may stand as Trustees and put themselves forward for election by th8 Members. Rl8k manag•ment The Trustee8 have a risk management strategy whlch comprises: an annual review of the princlpal rlsks and uncertainties that the charity may face the establishment of policies, systems and procedures to mitigate those risks identlfl8d In th8 annual review,. and the implementation of procedures designed to mSnimi88 or manage any potential impact on the charity should those risks materialise. During March 2020 the United Kingdom enlered a period of lockdown as a result of the Covid-19 P8ndemic, The Trustees continue to assess the long-term impact of the pandemic on the charity which was forced to close for the remainder of the year.
S¢ropton Riding for the Dlsabled Centre Registered Charity 1170646 ststement of Trustee's rèsponsibilltles The charity Trustees (who are also the Directors of Scropton Riding for the Disabled Centre for the purposes of company law) are responsible for pmparing a Trustee's Annual Report and financial slatements in accordance with applicable law and United Kingdom Accounting Standards {Unrted Kingdom Generalty Acc8Pt8d Accounting Practice). Company law requirés the charlty Trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of Ihe incoming resources and application of resources, including the income and 8xpendilure, of the charitable company for that period. In preparing the financial statements, the Trustées are required to". select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charrties SORP 2019., make judgements and estimates that are reasonable and prudent,. stsle whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financlal statements on the going concem basis unless it is Inapproprlale to presume that the charity will continue In business. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial postlion of the charrty and to enable them to ensure that the financial statements comply with th8 Companies Act 2006, They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and oth8r irregularities. statemont a8 to dlsclo8ure to our Independent audltor In so far as the trustees are aware.. there is no relevant audit information of which the charitable company's auditor is unaware., and the trustees have taken all steps that they ought to have taken lo m8ke themselves aware of any relevant audit information and to establish that the auditor is aware of that Informallon. The trustees are responsible for the maintenance and integrity of th8 corporate and financial information Included on Ihe charitable company's website. Legislation in the United Kingdom governing the preparation and disseminalion of financial statements may diffèr from legislation in other jurisdictions. This report has been prepared in accordance wrth the provisions of the Companies Act 2006 relating lo small companies. By order of the Board of Tim Park8r Chairman 2" September 2021
Scropton Ridlng for the Disabled Centre Reglstsred Charlty 1170646 Independent examinor's Report to tho Trustso8 of S¢ropton Rlding for the Di8abled Centr• I report lo the charity trustees on my examinalK)n of the accounts of the company for the year ended 31 December 2020 which are set out on pages 11 to 24. Rèspon81bllltl88 and ba818 of report As the chanty Trustees of the company land also its Directors fof the purposes of company law) you are responsible for the preparab'on of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Acf). Having satisfied myself that the accounts of the company are not required lo te audi18d under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your ompany's accounts as carried out under section 145 of the Charrties Act 2011 I'lhe 2011 Acl'l. In carrying out my examination I have followed the Directions given by the Charity Commisslon under Section 14515llbl of the 2011 Act. Independent •xamlneV8 8tatemont I have completed my examin8ts'on. l Confirm that no matterg have come to my attention in connection with the èxaminab.on giving me cause to believe that in any material respect.. 11 accounting records were not kept in respect of the company as réquired by section 386 of the 2006 Act,. or 21 the accounts do not accord wlth those records., or 31 the accounts do not comply with the accounting requirements of section 398 of the 2006 Act other than any requirement that the accounts glve a 'lrue and falr vlew, which is not a matter consld&rad as part ol an independent examination", or 4) the accounts have not been prePad 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 accoidance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS 1021. I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order to enable a proFor underslanding of the account8 to be reached. Glen Bott FCA Cooper Parry Group Limited Park View One Central Boulevard Blythe Valley Park Solihull B90 8BG Date 2nd September 2021 io
Scropton Riding for the Disabled Centre Roglstsred Charlty 1170646 Statement of Flnanclal Activities for year ended 31 December 2020 (Including an Income and Expenditure ac¢ount) Restrlcted Incomo funds Note Unre8trlcted funds Total fundg Prlor year funds 31 Dec 2020 31 Dec 2019 Income Donations and legacies Charitable actNlties Othér trading activities Investment Income Other Total 194,061 28,781 19,233 45 20,091 262.211 22,751 216,812 28,781 19,233 45 20,091 284,962 128,367 98,788 33,823 83,075 324,056 22,751 Expendlture Charitable activities Total 183,954 183,954 54,176 54.176 238,130 238,130 299.764 299,764 Net Income l {expendbture) 78.257 131,4251 46,832 24,292 Transfer betsveen funds 16 4,000 (4,000) Other recogn18ed galns Gain on revaluation of fixed assets 30,000 Net movem•nt in funds 82,257 (35,4261 46,832 64,292 Reconclllatlon of funds: Total funds brought forward 993,405 35,425 1,028,830 974,538 Total funds carrled forward 16 1,075,662 1,076.662 1,028,830 The Statement of FinanLial ActNities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities. li
Scropton Rldlng for the Dl8abled Centre Registèred Charity 1170646 Cornpany Number 10427277 Balance Sheet a8 at 31 Dècember 2020 Note 31 Dec 2020 31 Dec 2019 Flxed assets Tangible assets Intangib18 assets Total flxad assets 986.618 997,374 120 997,494 986,618 Currènt a88ets Stocks Debtors Cash Total current as8Ot8 12 13 2,310 1.135 182,655 186,100 2,547 47,098 49,646 Credltors: amounts falllng due wlthln ono y•ar 14 14,349 18,309 Net curr•nt a•sgt• 171,751 31,336 Total a8SOts1088 current IlabllltS08 1,158.369 1,028,830 Creditors.. amounts falllng due after onè year 15 82,707 Net ?••ets 1,075,882 1,028,830 Funds of the Charlty Restricted funds Unrestricted funds Revaluation reserve Total funds 35,425 152,100 841,305 1,028,830 234,357 841,305 1,075,682 16 12
Scropton Riding for the Disabled Centre Registered Charity 1170646 Balance Sheet as at 31 December 2020- contlnued These aeeounts are prepared in accordance with the special provisions of Part 15 of the Companles Act relating to small companies. For the year ending 31 December 2020 the company was entrtled to exemption from audit under sèctlon 477 of the Companies Act 2006 relating to small oompanies. Directors. responslbilltles: The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476., The Directors acknowledge their responsibilities for complylng with the requlrements of the Act with respect lo accounting racords and the preparation of accounts. The notes attached on pages 14 - 24 form an integral part of thès8 accounts. Tim Parker Chairman Amie Walker Treasurer Approved by the Board of Trustees on 2rA September 2021 13
Scropton Riding for the Disabled Centre Registered Charlty 1170646 Notes to the Accounts 1 Accountlng Pollcles The principal ac¢ounting policies adopted, judgements and key sourc8s of 8Stimation uncertainty in thè preparation of the financial statements are as follows.. a) Basis of preparation The financial statements have been prepared in accordanc8 with Accounting and Reporting by Chafities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Slandard applicable in thè UK and Republlc of Ireland published in October 2019. Scropton Riding for the Disabled Centre meets the definition of a public ben8fit entity under FRS 102. Assets and liabilrties are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. b) Going Concern At th8 tlme of signlng these accounts, the Trustees have considered the 8ffect of the Covld-19 pandemic on the reserves of the charity and hence the going concèrn position. The Trustees consider that this does not present a major risk and that the charity will continue In operation for period of al least 12 months ffom the date of signing these accounts. due to the fast r88ponse by the Truslees lo reduce costs and proteel the reserves during thè pandemic. On th8t b8sl$. the Trustees have prepared these financial statement$ on 8 golng concem b8sI$. c) Income Income is recognised when the charty has entillement to the funds, any performance conditions att8chèd to the item of income have been met, it is probable that the income wlll be received and the amount can be measured reliably. Income from grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement lo the funds, any perfomance conditions attached lo the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is nol deferred. d) Llabilities and Expenditure A liability, and the related exFenditure, is recognised vthen a legal or constructiv8 oblSgation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of th8 obligation can be measured or reliably estimated. Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain. give rise to a provision in the accounts, which is renewed at the accounting year end. The provision is increased lo reflect any increases in liabilities. and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credrted to the respective fvnds and acts'vities to which the provision relates incurred. 14
Scropton Riding for the Dl¥abled Centre Registerfrd Charity 1170646 e) Intangible fixed assets Indlvidual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a slraight-line basis as follows.. Asset Category Annual Tats soare 25% Straight-Line Q Tangiblè flxed assets Individual fixed assets costing £1,000 or more are capitalised at cost and are d8preclated over thelr estimated useful economic lives on a straight-line basis as follows.. Asset Category Annual rate Freehold land & bulldings Plant & Equipment Fixtur8s & Fittings 0% 1 OVO - 12.50k Straight-Line 1 00 Straight-Line No depreciation Is provided in respe of land and buildings as the amount is negligible due lo th8 hlgh residual value of the buildings. Freehold land is not deprecialed. g) Stock Stock is included at the lower of cost or net re811sable value. Donated item$ of stock are recognised at fair value which is the amount the charity would have been willing to pay for the rtems on the open market. h) Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid n8t of any trad8 discounts due. i) Cash at bank Bank balances, whether in credit or overdrawn, ar8 shown at the amounts properly reconciled to the bank statements. j) Creditors and provlsions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amounl due to settle the obli9ation can be measured or estimated reliably. Creditors and provisions are normally recognised al their settlèment amount after allowing for any trade discounts due. k) Pension costs and other post-retirement beneffts The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. 15
Scropton Rldlng for the Dlsabled Centre Reglstered Charity 1170646 2 Legal status of Scropton Rldlng for the Disabled Centre The Centre is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarar)tee is limited to £1 per Member of the charity. 3 Income from donatlons and legacles Restricted Income funds Analysls of Income Unrestrlctsd funds Total fundg Prlor year 31 Dec 2020 31 Dec 2020 31 Dec 2020 31 Dec 2019 Donatlons and legacles: Donations and gifts Coronavirus Job Retenb'on Scheme Grants Total 46,417 55,869 91.775 194.061 46,417 55,869 114,526 216,812 42,630 22,751 22,751 85,737 128,367 The incom8 from donatlons and legacies was £216.81212019.' £128,367) of whlch £194,061 wa8 unrestricted (2019.. £42,630) and £22,751 was restricted (2019.. £85,737). The Centre benefits greatly from the involvement and enthusiastlc 8UPPOrt of rts many volunte8rs, details of which are given in our annual report. In accordance with FRS 102 and the Charities SORP IFRS 102), the economic Gontribution of general volunteers Is not recognlsed in the accounts. 4 Income from charltable actlvltle• Analys1• of Income Unrestrlcted funds Restrictsd InGome funds Total furbds Prlor yeor 31 Dec 2020 31 Dec 2020 31 Dec 2020 31 Dec 2019 Charltable actlvltle•: RDA Riding RDA Drlving Total 28,040 741 28,040 741 94,014 4,774 98,788 28,781 28,781 Income from charitable activltles was derived from unrestricled activities in both years. 16
Scropton Riding for the Disabled Centre Registered Charlty 1170646 S Income earned from other trading actlvltles Restrlcted income funds Analysi8 of incomo Unrestricted funds Total funds Prior year 31 Dec 2020 31 Dec 2020 31 Dec 2020 31 Oec 2019 Other trading activiti. Hire of facilitiès Livery Cafe other Total 6,539 6,610 1,126 4,958 19,233 6,539 6,610 1,126 4,958 19,233 17,294 8,455 8,074 33,823 Income from olhèr trading activities was derived from unrestricted activities in both years. 6 Other Income Unrestrlcted fund8 Restrlcled Income funds Analy•l• ol Income Total fund8 Prlor year 31 Dec 2020 31 Dec 2020 31 Dec 2020 310gc 2019 other: Scropton Equestrian Cenlre Ltd - Hire Total 20,091 20,091 63,075 20,091 20,091 63,076 A charge is made to Scropton Equastrian Centre Ltd (Cornpany Number 03861792) for th8 U88 of the Centre's facilities in Ihe provlslon of riding inslrudion to able bodied riders. The income in both years is unrestricted. 7 Invfrstment Income Analy81s of Income Unrestrlcted fund8 Restricted Income funds Totsl funds Prlor year 31 Dec 2020 31 Dec 2020 31 Dec 2020 31 Dec 2019 Income from investments: Bank Interest Total 45 45 45 Bank interest was derived from unrestiicted cash balances in both years. 17
Scropton Rldlng forthe Dlsabled Centre Reglstered Charity 1170646 8 Analysis of expendhure on charltable actfvltle8 Analysis of exponditure Unrestricted funds Restricted Income funds 31 Dec 2020 31 DeG 2020 31 DgG 2020 31 DeG 2019 Totsl funds Prlor year Expendlture Stsff Costs Freelance Costs Horse Care Feed & Bedding Equipment Ral88 & Water Electric Insurance Malnlenance Training Marketing Administration External Fees Coffee Bar Sundry Loan Interést Loan Costs Lo88 on Sale of Fixed Asset Depreciation Total Exwndltur• 113,777 5,829 1,209 9.744 1,210 2,353 7,317 7.836 9,437 495 20,435 134.212 5.829 3,259 11,310 2,110 2,353 7.317 13,838 32,662 495 160,558 8,625 11,483 31,979 2.386 4,807 7,928 14,912 13,949 139 1,217 2,052 10,120 11,341 2,585 2,050 1,566 6,000 23,225 1,267 4,256 2,011 797 2,860 5,872 1,267 4,256 2,011 797 2,860 5,872 4.945 10,738 299.764 7,684 183,954 7,684 238,130 64,176 Expenditure on charitable acts'vities was £238,130 (2019.. £299,764) of which £183,954 was unrestricted12019. £268,764) and £54,176 was restricted (2019.. £31,000). 9 Analys1$ of staff remunoratlon and expenses Thls Year 31 Doc 2020 Prlor Yoar 31 Dec 2019 staff Costs Salaries and wages Social security costs Pension costs (defined contribution pension plan) Other employe8 benefits Totsl Stsff Costs 128,474 3,483 1,865 390 134.212 151,484 6,515 2,303 276 160,568 Average No of Employees 12 18
S¢ropton Riding for the Disabled Centre Reglstered Charlty 1170646 The charity Trustees were not p8ril nor received any other benefits from employmentwith the Centre, neither were they reimbursed expenses during the year. No charity Trustee received payment for professional or other services supplie(I to the charity. The total employee ben8fits of the kay managem8nt personnel of the charity were £53.404 {2019: £56,733) and related to 3 people (2019- 3 people). 10 Related party transactions Ther8 were no r8lated party transactions in the year. 11 Intangible and Tangible flxed assets Freehold land & bulldlngs Intsnglble Plant & Equlpmont Flxtures & Flttlngs Total Cost At the beginning of the year Additions Revaluations Disposals At end of the year 2,000 955,000 58,168 1,700 36,591 1,051.757 1.700 (23.0971 38,789 123,0971 1,030,360 2,000 965,000 36,691 Deproclatlon Al beginning of the year Depre¢ialion Disposals Impalrm8nt At end of the year 1,880 120 41,533 3,904 (18,204) 10,850 3,659 54,263 7,684 (18,2041 2,000 27,233 14,609 43,742 Net book value at the beginning of the year Nel book value at the ond of the year 120 955,000 16,633 25,741 997,494 955,000 9,538 22,082 986,618 Depreciation Basis Depreciation Rate Straight Line Straight Line Straighl Line Straight Line 250 Oyo 100A & 12.50/0 10% Revaluatlon - Freehold land & bulldlngs On 9 December 2019 a valuation of the premises was carried out by BB and J Commercial, Derby. The open markel freehold value of £955,000 was determined on the basis of vacant possession. Revaluations will be carried out in accordance with accounting practice every 5 years, thè next one being scheduled for December 2024. 19
Scropton Riding forthe Dlsabled Centré Registernd Charity 1170646 12 Stock 31 Dec 2020 31 Dec 2019 Opening stock Added in period Expensed in Impaired Closlng 8to¢k 6.638 (4.326) 18.042 (18.0421 2,310 Stocks relate to h8ylage. 13 Debtors 31 Doc 2020 31 Dec 2019 Trade debtors Prepayments and accru8d In¢ome Other debtors Total 2,547 1,135 1,136 2,547 14 Cr•dltor8: amount¥ falllng duo whhln one year Amount• falllng due wlthln one year 31 Dec 2020 31 Dec 2019 Trade cieditors Accruals and deferred income Bank loan Other creditors Total 1,477 144 12,728 3.872 5,437 9,000 18,309 14,349 15 Credltor8: amounls falllng duè aftèr morè than onè yèar Amounts falllng due after more than one year 31 Dec 2020 31 Dec 2019 Bank Loan Total 82,707 82,707 Included wrthin bank loans due wtthin and 8ft8r on8 year is £95,435 repayable to Triodos Bank UK. Interest on this loan is charged at a rate of 50/0 per annum. The temi of the loan is 10 years with monthly repayments commencing in June 2020. The loan is secured against the Freehold Land and Buildings. 20
Scropton Rldlng for the Disabled Centre Registered Charlty 1170646 16 Post balance sheet events The Centre remainéd closed due to Impa of Ihe Covid-19 pandemic until May 2021 when it re- opened to Glients for the first time in over 12 months. 17 Analysis of net assets between funds Current year Unrestricted Funds 2020 986,618 182,655 110,904) 182,707) 1,075,662 Restricted Funds 2020 Total 2020 986,618 182.655 {10.9041 {82,70n 1,075,662 Fixed Assets Cash and CUTrent inveslmenls Other current assets I liabilities Creditors more Ihan one year Total Prlor year Unr08trlctèd Funds 2019 997,494 11,673 115,762} Rè8trlctsd Fund8 2019 Total 2019 997,494 47,098 (15,762) Fixed As88t8 Cash and Current investments Other current assets I liabilities Creditors mora than one year Total 35,425 993,406 36,426 1,028,830 21
Scropton Riding for the Dlsabled Centre Registered Charity 1170646 18 Movement In Funds Current year Balance 01 Jan 2020 Net Transfer Incomlng Resou•# Movem•nt Balwwn R•gourcM Exp•n••d In Fund* Fund8 Oth•r Gain¥1 {L0•8MI Balance 31 Dec 2020 Unrg¥trlGtgd Funds G8neral Fund Total 993,405 993,405 262.211 262,211 {183,9541 1183,9541 78,257 78.257 1,075,662 1.075.662 4,000 R•8trlct•d Fund• Bruce Wakefield Tru81 Clarke Charitable Consolid818d Charity Burton Duk8 of Devonshire's Tru81 Eall Well DSsing Foundation Derbyshlre Foundallon Derby8hlr Gordon Trust Michael Bgmard CT Sport England Stor Trust BEF BHS Hardship Fund BHS Hardship Fund BHS Hardship Fund Boshiér Hlnlon Dertiyshire County Council EMA Charlty Pentagon Burton Rank Foundation Scr8wfix Sl James Place T¢)t•l 2,500 1.000 4.000 1.OCKI 1.OCX) 2,000 2,000 1,000 925 10,CKJO 10,000 12,5001 11,0001 14,0001 11,000} 11.0001 12.5001 11,0001 14.0001 11,CN]01 11,OC4JI 12,0001 12.0001 {1,CQ)I 19251 110,OtKJi 110,0001 16.1)JOI {7501 {sooi {8001 11,3001 11,5681 19001 11,4351 12,0001 15,0001 12.5001 164,1781 {1.000} 19251 110.OC4JI 110.OWI 8,OlXI 750 500 800 1.300 1,S66 9C(I 1,435 2,OC#) 5,000 2,500 22,751 35,425 131.4251 4.0001 Totsl 1,028,830 284,962 1238,130 46,832 1.076,662 The transfers between funds relate to restricted funds used for capital expendrture which have now been completed and as such the restriclions have lapsed. 22
Scropton Rldlng for the Disabled Centre Registered Charlty 1170646 Movement In Funds Icontlnued) Prior year Balan¢e 01 Jan 2019 Not Transfer Incomlng Rèsource8 Movement Betrt Resources Expens8d in Funds Fund• Oth•r Galnsl ILosse81 Balane• 31 Dec 2019 Unrestrlcted Fund8 General Fund Total 972,538 972.538 238,319 238,319 {268,7641 1268.7641 130.4441 30,444 21.312 21,312 30,000 30,000 993,405 993.406 Re8trl¢t•d Funds Clarke Charitable Star Trust Consolidated Charity Burton Duke of Devonshire's Trust Edith Murphy 8aily Thomas Gordon Trust Etsvall Well Diessing BruGg Wakefield Trust Michael Barnard CT Moximu8 Found*lon Axis Foundatlon Helen Jean Cope Charity Harame8d Tru81 Samworth Brothers David Solomon's TfL181 Foundation Derbyshire Foundation Oerby8hire Blue Spark Foundation Thomas Cook Children, Charity Sport England Derbyshir8 County Coun¢il WE Dunn Trusl Total 1,000 1,000 10,000 4,¢XIO 1,000 10,000 4,000 1,000 10,000 20,¢)00 10,000 4,000 1,000 (10,0001 {20.0001 1.000 1,000 1,000 2,500 925 1,Cl)O 2,500 925 2,500 5.SOO 2.000 2,000 1,000 1.000 2,000 2,000 2,100 5,212 10,000 500 500 83,7J7 1,000 2,500 925 2,500 5,500 2,000 2,000 1,000 1,000 2,000 2,000 2,100 S,212 10,000 12,5001 15,5001 12,000 12,000) 11,0001 11,000} 2,0 2,000 12,100) 15,212} 10,000 15001 500 31,000 2,000 84.737 21,312 35A26 Totsl 974,$38 324,056 299.764 24.293 30,000 1,028.830 23
Scropton Rlding for the Olsabled Centre Registsred Charity 1170646 Purpose of the Re3trlcted Funds 31 Dec 2020 Bruce Wakefield Trust Clarke Charitable Consolidated Charity Burton Duke of Devonshire's Trust Eall Well Dressing Foundation Derbyshire Foundation Derbyshire Gordon Trust Michael Barnard CT Sport England Star Trust Agreed to transfer to Covid-19 relief Agreed to transfer to Covid-19 relief Arena Surface Agreed to transfer to Covid-19 relief Agreed to transfer to Covid-19 relief Horse Horse Agreed to transfer to Covid-19 r81i8f Hoist Agreed to transfer to Covld-19 re118f Arena Surface 2.500 1.000 4.000 1,000 1,000 2,000 2,000 1.000 925 10,000 10,000 Fll BEF BHS Hardship Fund BHS Hardship Fund BHS Hardship Fund Boshier Hinton Derbyshire County Council EMA Charity Pentagon Burton Rank Foundation Screwfix St James Place Insurance Mar-Sep- Covid-19 rel Horse Care- Covid-19 relief Horse Carè- Covid-19 relief Hors8 Care - Covid-19 relief Arena Fencing Horse Feed and Bedding Tack Agreed to transfer to Covld-19 relief Arena Surface Replacement Windows Agreed to transfer to Covid-19 relief 6,000 750 500 800 1,300 1,566 900 1.435 2,000 5,000 2,500 24