Scropton Riding for the Disabled Centre (A company limited by guarantee) Report and Financial Statements Year ended 31 December 2024 Charity number 1170646 Company number: 10427277
Scropton Riding for the Disabled Centre Registsred Charity 1170646 Report and accounts forthe year ended 31 December 2024 Contents Page Chairman's Report Legal and Administrative Inforrnation Report of the Trustees (Including report of the Directors) Statement of Trustees, Responsibilities Independent Examinerfs Report 10 Statement of Financial Activities 11 Balance Sheet 12-13 Notes to the Accounts 14-24
Scropton Riding for the Disabled Centre Registered Charity 1170646 Chalmian's Report for the year ended 31 December 2024 Horses are amazing animals arKI through them we make real and lasting differences to the lives of local children and adults with additional needs. At Scropton Riding for the Disabled (Scropton RDA) our horses and activities offer opportunities to develop a wide variely of life skills, improve health and well- being, build abilities and all whilst getting active and having fun. We help an enomous range of disabilities; physical, learning, sensory, multiple and profound, and more rntlY those with mental health problems as well. Our activities include riding, horse care and horse agility allowing us to work with a wide range of disabilities and needs. Vvhat characterises all our participants is their difficulties acSsIng mainstream activities. Their needs are a barrier to taking part in sport, being actNe, socialising, communicating, getting out and joining in. We cater for this very wide range of needs with activities at different levels suitable for everyone to access. Located in South Derbyshire, we have the capacity to support around 250 participants each year. Our Centre is much more than just a riding ntre with many local groups and individuals involved, giving it a real sense of community. Scropton RDA continues to thrive, with a busy timetable Tuesday to Saturday throughout the day and into the evenings. Although we have some spare capacity, client numbers remain stable, with a waiting list for certain days and times. Acquiring new horses is our single biggest challenge. The current horse market is small and continues to be fast moving, making it dfficult for us to complete due diligence on a prospective horse compared to a private buyer who is prepared to buy with less Checks, taking more risk. We have a healthy budget and are exploring all possible avenues to help find horses we so urgently need. Unfortunately, another year has gone by with limited growth in Horse Care and Horse Agility activities. This year we have introduced new Horse Club sessions which combine Horse Care, Agility and social activrties. Our foGUS being mainly tied up with horses and retaining the clients and activities we have, there hasn't been sufficient time and resource to focus more on this potential area of growth. There are some regular Horse Care sessions and both Care and Agility activities are an important part of our holiday activity prograrns. Volunteer numbers have improved throughout the year, as has the regularity and retention of those volunteers. Recruiting more volunteers to support participant growth continues to be a challenge, but there were a number of successful initiatives throughout the year. There were a number of changes within the Groom. Coaching and Admin teams, and there is a really good team spirit about the Centre. Overall, it was a tough but good year, ttEre is a lively and positive vibe at the Centre, creating a great place to take part in activities, volunteer, work orjust Visit. I would like to take this opportunity to thank some of those who have helped us along the way: Our staff, who have dedicated themselves to the Centre, have been hard working, flexible, generous and loyal. Our volunteers, who help us with everything from maintenance to supporting participants in sessions, we could not do this without them. Grant makers and private donors, the generosity we have received has allowed us to purchase some of the horses we were desperate for and plug some holes in core funding. My fellow Trustees, who give their time freely and have helped me steer the Centre through another extraordinary year. Tim Parker Chairman
Scropton Riding for the Disabled Centre Registered Charty 1170646 21s1 August 2025 Legal and Administratlve Infonnation Charity Number: 1170646 Company Registration Number: 10427277 Registered Office.. Scropton Horse Centre Watery Lane Scropton Derbyshire DE65 SPL Bankers: CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Malling ME19 4JQ Independent Examiner: Philip Handley FCA HSKSG Audit Limited Charlotte House Stanier Way The Wyvem Business Park Derby DE216BF Directors and Trustees The Directors of the charitable company (the charity) are its Trustees for the purpose of charity law. The Trustees and officers serving during the year and Sin the year end were as follows: Trustees: Tirn Parker Amie Walker Glynis Dalley Helen Davis Chair Treasurer (appointed as trustee on 1 Feb 2025)
Scropton Riding for the Disabled Centre Registered Charlty 1170646 Report of the Trustees (Including report of the Directors) for the year ended 31 December 2024 The Trustees are pleased to present their annual rewrt together with the financial statements of the charity for the year ended 31 Dernber 2024, which are also prepared to meet the requirements for a Directors, Report and Accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association. and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019. Our purposes and actlvities 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 provide people with additional special needs ordisabilities, the opportunity to ride andlor work with horses on the ground to benefit their health and well-being and achieve their goals Facilities for riding and ground-based activities with horses are provided at the Centre. The assistance in the provision of such activities is provided by our staff, coaches and volunteers, all of whom are fully qualified for their relevant tasks and attend training courses related to providing horse riding and ground-based activities with horses for people with physical disability, leaming difficulties or other special needs. In shaping our objectives for the year and planning our activities, the Trustees have considered the Charity Commission's guidants on public benefit. Achievements and performance Riding and Ground-based Activities Activtty levels have fallen slightly during 2024. A shortage of horses has not only affected potential grovrth but has limited the number of participants we can accommodate per session. There have been occasions when sessions have been canlled. or the number of participants in a session were reduced. Whilst cantsllations are not ideal, hOe welfare is paramount, we will not ovemork the horses. Despite these challenges throughout the year we have been able to support 350 participants with additional needs, whether this has been for regular sessions, short courses or one-off activities Riding continues to be our main activity but we continue to offer Horse Care and Horse Agility. This year has seen the SUCGessful introduction of Horse Clubs. Most involve some riding, but we have also started clubs where the horse activities are all grourjd based. making them assIble to a wider range of participants. We have plans in place for 2025 to further prornote ground-based activities including some subsidised taster sessions and short courses, building towards these activities becoming a core part of our timetable.
Scropton Riding for the Disabled Centre Registered Charty 1170646 Horses We started the year with 12 (7 owned, 5 on loan) horses and ponies with plans to grow to our team. During the last 6 months of the year we unfortunately lost the use of 7 horses from a mix of retirement, injury, illness and end of loan agreements. Despite finding some new horses this meant we ended the year with only 10 (6 owned, 4 on loan). It has been hugely challenging to find the right horses and we had limited success during the year. This problem is industry wide and has been the cause of many commercial riding establishments dosing their doors for good. Sadly, one of the horses we lost was a long-tenn stalwart of the Centre, everyone's favourtte horse Hercules. Hercules served his riders faithfully for just over 9 years at Scropton, with some going on to have great SucsS riding him at the Regional and National Championships. He will be missed by everyone. There is a lot to do in 2025 to rebuild the horse team back up to a number that allows grO4h and versatility for our dients. It will be a key focus for us. The balan of heights, build, abilities and age must be improved so that we can be confident we have the horsepower we need to grow activity levels and meet future plans. As always, we have a team of dedicated grooms working under our Equestrian Manager who ensures the welfare of all our horses and ponies is second to none. We also have a network of support working with the Centre including vets, farriers, dentists, physios and saddle fitte. Volunteers The Centre has a large team of volunteers, without which we would not be able to operate. These range from volunteers wothing with horses and participants to those catering in the coffee bar, helping with Maintenan and supporting fundraising. We also have a few supported volunteers with additional needs who gain a great deal of independence and personal responsibility from helping around the yard. All this help means the number of staff can be kept to a minimum. The Centre has a part-time Volunteer Co-ordinator who provides a consistent and regular contact with all volunteers, engages in recruitment, undertakes statutory checks. arranges training and co-ordinates attendance times. It is important to us that volunteers feel part of the team and feel valued and that they play an important role in what we do. The Trustees want to take this opportunty to thank each and every voluntr, old and new, who generously donates their time to ensure the Centre continues to stay open for our participants and, in addition, for providing the friendly and enriching environment within which participants can floLJrish. Funding The Centre is entirely self-supporting, relying on self-generated funds. donations and grants to cover the general running costs and various improvement projects that become neSSary during the year. The majority of the Centre's income comes from fees from riding and ground-based activities, which are kept as low as possible to ensure they remain within the range of its customers. These fees alone do not generate enough to cover the operating costs and therefore the Centre remains heavily dependent on its charitable status and the generosity of those supporting the Centre through donations. The Trustees would like to thank all those supporters that gave generously during the year.
Scropton Riding for the Disabled Centre Registered Charty 1170646 Projects I n December 2023, worked started on the complele refurbishment of the toilet facilities on site, both on the yard and in the coffee bar. The work completed in February 2024. This was a long overdue project, but costing a little over £50, 000 it required grant funding which took time to secure. A special thanks to Severn Trent who funded £44,525 and the Bemard Sunley Foundation who funded £5,000 towards this project. This year also saw the successfvl introduction of Horse Clubs. These are extended sessions where participants are involved in a variety of horse-based activities and also have some time for none horse related activities such as crafts and time for socialising. Participants involved in these sessions have benefitted from the wide mix of activities and opportunities these Glubs offer. This is an area we hope to develop further in 2025. Our thanks go to the Boshier Hinton Foundation, David Solornons Charitable Trust, The Hedley Foundation and Cash 4 Clubs who all supported this project in different ways. Activitles of Scropton Equestrian Centre Ltd (SEC Ltd) All mainstream riding lessons were conducted by the trading subsidiary Scropton Equesirian Centre Ltd (Company Number 03861792). A total of £76,675 {2022. £72,520) has been received from that company in relation to charges for the use of the Centre's facilities and donats'ons. Financial review and reserves policy The core income from riding lessons and ground-based activities, together with income from SEC Ltd, and regular fundraising activities is insufficient to cover the day-to-day costs of running the Centre. The nature of donations, gifts and grants is that they are irregular and cannot be relied upon to keep the accounts in surplus every year. AGcordingly, the Trustees try to maintain reserves sufficient to cary the charity through any lean years which may arise and, in addition, build up funds to finance development piojects which enhance the available facilities. The targeted reserves are 3 months, worth of essential running costs, which the Trustees are working to achieve. The level of free reserves held by the charity at the year-end is £26,750 (2023: £44,582). The Centre's total income for the year was £307,638 (2023: £320,806), costs were £314,070 (2023.. £312,558), resutting in a loss of £6,431 (2023: £8,248 surplus). Future plans The Centre has been running for nearly 60 years and the Trustees are committed to the Centre being sustainable and financially stable for the foreseeable fvture. providing security for the staff, volunteers and clients of the Centre. We are detemiined to offer a wrde range of activities to a diverse range of people from within our comrnunity and beyond. Non ridden activities will be an important part of this, both for regular activities and one-off sessions We are continuing to develop opportunities for people with mental health needs to benefrt from all that being around horses can offer. We are developing partnerships with other organisations that are looking for activities to offer their own client base, including schools, day centres and care homes.
Scropton Riding for the Disabled Centre Registered Charity 1170646 Structure, Governance and Management Governing Document Scropton Riding for the Disabled Centre is a company limited by guarantee, govemed by its Memorandum and Articles of Association dated 13 October 2016. It is registered as a charity with the Charity Commission. Anyone over the age of 18 can become a Member of the Company and there are currently 9 Members. each of whom agrees to contribute £1 in Ihe event of the charity winding up. Appointment of Trustees When new QT additional Trustees are required they are elected by the Members or co-opted by the Trustees. All Ttustees are also Mernbers and support the objects of the charity, as set out above. The Trustees retire at each Annual General Meeting of the charity. Trustees may then stand again and may be reappointe(I by the Members. Co-opted Trustees hold office until the next AGM when they retire but may stand as Trustees and put themselves fonNard for election by the Members. Risk management The Trustees have a risk management strategy vthich comprises: an annual review of the principal risks and uncertainties that the charity may face the establishment of policies, systems and Fyocedures to mitigate those risks identified in the annual review. and the implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise.
Scropton Riding for the Disabled Centra Registered Charity 1170646 Statement of Trustee's responsibllltles The charity Trustees {who are also the Directors of S¢xopton Riding for the Disabled Centre for the purposes of company law) are responsible for preparing a Trustee's Annual Report and financial statements in accordan with applicable law and United Kingdom AGGounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity Trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable cornpany and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In prepaiing the financial statements, the Trustees are required to: select suttable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP 2019; make judgernents and estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping proper accounting CordS that disclose with reasonable accuracy at any tirne the financial position of the charity and to enable them to ensure that the financial statements comply with the 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 other irregularities. The tNstees are responsible for the maintenance and integrity of the corporate arKI financial infomiation included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements rnay differ from legislation in other jurisdictions. This report has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies. By order of the Board of Trustees Tim Parker Chairman 21st August 2025
rfJDAINS Independent Examlnert Report to the Trwtees of S¢xoptThi Ffithng for the tXs(Jled Centre I report to the chLIrtty trustees on my exanNnallon of ts (C0S of cotrffjxY tr the year ended 51 December 2024 whith are set cut on 11 to 24. Rebirit and bosi5 of rewt As the ChtY trustees of the company (ond olso its dctOrS the purposes of company law) wu are reswnslble for tFe weFKJratl1 of the (tcowtt5 in occonlonce with the requIrntS of the C¢xnpanles Att 2006 2006 Art). Havlng satlsffted mf tt¥Jt aCcotS of the comwny tye not requlred to be oudrted under Part16 of the 2006 Act and ore el*Jlble for indeFendent exorThnaliory I report in respect of my excwnlrKklon OF your compony's accounts os clyrfed out under section 145 of the crItIeS Act 2(ni cthe 2011 Acf). lft corrylng out my exomlnatb)n I h¢Jve followed the Direclion5 given the Chority Commisskn Lnder section 145(5Xb) of the 2011 ACL Independent exam1rt stotement Snce the compan$ wss income exceeded £250.000 ycmjr examiner must be a member of o body listed in sectlon 145 of the 2011 Att. I confirm that I rJm quollfled to undertake the examIn10n bemuse I om a member of Ins(itute of Chartered Accountonts In Englortd ond Woles which is one of the fisted l)odie5. I hove ccmpleled my examlncrtFoTr I confimi tPNX no motters hclve ccwne to rny (Jttentlon In connection th the ex(Jminotlon giving rne cause to belleve thot In ow ThKJterknl spect. Ixcounting records were not kept In respect of the CoMpY os required by sectlcrf1386 of the the accounts th not accord knrfth those record¥ or the occounts do not comply with the occovnting qUirEmentS of section 396 of the 2006 Act other thon ony requinnt that the occounts give a Irue and folr vithrf which Is not o motter consldered as pjrt of an indeperKlent examirtiOn. or the accounts hove rh)t been prepored In Cordants wlth the methods ond principks of the Statement of Recommended Proctice for occountkng ond rewrting txJ thoritles opplicatle to chorilles ppOrtn9 their accounts n occordonce wlth the Flr•Jncfd Repth'ng Standord OFplicoble in the UK and Republic of Irelond (FRS 102J I hove no concems ond hove come ocross no other motters In connectlon wlth the exomlnatton to whlch ottention should drown in this report In order to enable o proper understandlng of the counts to be reoched Philip Hondley FCA HSKSG Audit Llmrted. Charted Accovnl U£ L Dotwj.. 10 Charlotte Hwse Stonler Woy The Wyvern Bustness Pork Derbj DE216BF rfJDAINS L. 07332 200105 derby@hsksg.coj 10
Scropton Riding for the Disabled Centre Registered Charity 1170646 Statement of Financial Activities for year ended 31 December 2024 {including an Income and Expenditure account) Note Unrestricted Restricted Prior year funds income funds funds 31 Dec 2024 31 Dec 2024 31 Dec 2024 31 Dec 2023 Total funds Income Donations and legacies Charitable activities Other trading activities I nvestment I ncome Other Total 35.866 126,367 18,418 2,160 76,675 259.486 48,153 84,018 126,367 18,418 2,160 76,675 307,638 102,369 122,223 21,189 72,520 320,806 48,153 Expenditure Charitable activities Total 297.167 297,167 16,903 16,903 314.070 314,070 312,558 312,558 Net income l (expenditure) (37.681 31.250 (6,431) 8,248 Transfer between funds 18 27,500 (27,500) Other recognised gains Gain on revaluation of fixed assets 17,938 17,938 Net movement in funds 7.756 3,750 11,506 8,248 Reconcillation of funds: Total funds brought forward 1,040,545 16,000 1,056.545 1,048,297 Total funds carried forward 18 1,048.301 19,750 1.068.051 1,056,545 The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities. 11
Scropton Riding for the Disabled Centre Registered Charity 1170646 Company Number 10427277 Balance Sheet as at 31 December 2024 Note 31 Dec 2024 31 Dec 2023 Fixed assets Investments Tangible assets Intangible assets Total fixed assets 11 11 1,021,551 997,208 1,021.552 997,209 Current assets Stocks Debtors Cash 12 13 2,961 15,500 74,273 92.734 920 859 169,661 171,440 Total current assets Creditors: amounts falling due within one year 14 10,653 51,819 Net current assets 82.080 119,621 Totsl assets less current Ilabilities 1.103,632 1,116,830 Creditors.. amounts falling due after one year 15 35,581 60,285 Net assets 1,068,051 1.056,545 Funds of the Charity RestriGted funds Unrestricted funds Revaluation reseNe Totsl funds 19,750 189,058 859,243 1,068,051 16,000 199,240 841,305 1.056.545 18 12
Scropton Riding for the Disabled Centre Registered Charity 1170646 Balance Sheet as at 31 December 2024 - continued These accounts are prepared in accordance with the special provisions of Part 15 of the Companies Act relating to small companies. For the year ending 31 Dember 2024 the company was entitled to exernption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: The members have not required the cornpary to obtain an audit of its accounts for the year in question in accordan with section 476., The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting CordS and the preparation of accounts. The notes attached on pages 14 - 24 form an integral part of these accounts. Tim Parker Chairman Amie Walker Treasurer Approved by the Board of Trustees on 21 St August 2025 13
Scropton Riding for the Dlsabled Centre Registered Charity 1170646 Notes to the Accounts 1 Accountlng Policies The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial stalernents are as follows: a) Basis of preparation The financial statements have been prepared in accordanGe with Accounting and Reporting by Charities." Statement of Recomrnended Practi applicable to charities preparing their accounts in acGordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019. Scropton Riding for the Disabled Centre rneets the definition of a public benefrt entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the levant accounting policy notes. The financial statements are prepared in sterfing, which is the functional currency of the charity. Monetary amounts in the financial statements are rounded to the nearest £. The charity has relied on the exemption from preparing group accounts, and therefore the financial statements reflect the results of the individual charity only. b} Going Conrn The Trustees consider that there are no material UnrtaIntieS about the charity's ability to continue as a going concem. due to the level of reserves held and the resilien shown during the Covid-19 pandemic. The Trustees do not consider that there are any sources of estimation urrta1nty at the reporting date that have a significant risk of causing a material adjustment to the carying amounts of assets and liabilities within the next reporting period. On that basis, the Trustees have ppared these financial statements on a going conr2m basis. c) Income Income is recognised when the charity has entitlement to the funds, any Performan conditions attached to the item of income have been met, rt is probable that the income will be received and the amount can be measured reliably. Incorne from grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any perfomiance conditions attached to the grants have been met, it is probable that the income will be reiVed and the amount can be measured reliably and is not deferred. d) Liabilities and Expenditure A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of econornic benefrts will be required in settlement, and when the amount of the obligation can te measured or reliably estimated. 14
Scropton Rlding for the Disabled Centre Registered Charity 1170646 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 to reflect any inueases in liabilities and is decreased by the utilisation of any provision within the period, arjd reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates incurred. e) Intangible fixed assets Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straighl-line basis as follows: Asset Category Annual rate Software 25'h Straight-Line O Tangible fixed assets Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight-line basis as follows- Asset Category Annual rate Freehold land & buildings Plant & Equiprnent Fixtures & Fittings 10% - 12.5% Straight-Line 1 Ook Straight-Line No depreciation 18 provided in respect of land and txjildings as the amount is negligible due to the high residual value of the buildings. Freehold land is not depreciated. g) Stock Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items 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 net of any trade discounts due. i) Cash at bank Bank balances, whether in credit or overdrawn, are shown at the amounts properfy reconciled to the bank statements. j) Creditors and provisions 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 amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement arnount after allowing for any trade discounts due. 15
Scropton Riding for the Disabled Centre Reglstered Charity 1170646 k) Pension costs and other post-retirement benefits 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. l) The investment in the subsidiary is measured at cost. m) The charity is exempt from corporation tax on its charitable activities. 2 Legal status of Scropton Riding for the Disabled Centre The Centre is a company limited by guarantee, incorporated in England and Wales, and has no share capital. In the event of the charity being wound up. the liability in respect of the guarantee is limited to £1 per Member of the charily. 3 Income from donations and legacies Unrestricted funds Restricted income funds Analysis of income Total funds Prior year 31 Dec 2024 31 Dec 2024 31 Dec 2024 31 Dec 2023 35,866 18,000 53,866 15,374 30,153 30,153 86,995 48.153 84,019 102,369 Donations and gifts Grants Total 35.866 The income from donations and legacies was £84,019 (2023.- £102,389) of which £35,866 was unrestriGted (2023: £15,374) and £48,153 was restricted (2023: £86,995). The Centre benefrts greatly from the involvement and enthusiastic support of its many volunteers, details of which are given in our annual report. In accordance with FRS 102 and the Charities SORP (FRS 102), the economic ccxth'bution of general volunteers FS not recognised in the accounts. 4 Income from charitsble activities Restricted income funds Analysis of income Unrestrictsd funds Total funds Prior year 31 Dec 2024 31 Dec 2024 31 Dec 2024 31 Dec 2023 126,367 126,367 122,223 126,367 126,367 122,223 RDA Activities Totsl Income from charitable aclivities was derived from unrestricted activities in both years. 16
Scropton Riding for the Disabled Centre Registered Charity 1170646 S Income earned from other trading activities Restricted income funds Analysls of income Unrestricted funds Total funds Prior year 31 Dec 2024 31 DeG 2024 31 Dec 2024 31 Dec 2023 15,343 15,343 17.484 3,075 3,075 3,704 18,418 18,418 21,189 Hire of facilities Cafe Totsl Income from other trading activities was derived from unrestricted aGtivities in both years. 6 Other Income Analysis of income Unrestricted funds Restricted income funds Total funds Prior year 31 Dec 2024 31 Dec 2024 31 Dec 2024 31 Dec 2023 76,675 76,675 72,520 76,675 76,675 72,520 Scropton Equestrian Centre Ltd - Hi Totsl A charge is made to Scropton Equestrian Centre Ltd (Cornpany Nurnber 03861792) for the use of the Centre's facilities in the provision of riding instruction to able bodied riders. The income in both years is unrestricted. 7 Investment income Unrestricted funds Restricted income funds Analysis of income Total funds Prior year 31 Dec 2024 31 Dec 2024 31 Dec 2024 31 Dec 2023 2,160 2,160 2,504 2,160 2,160 2.504 Bank Interest Total Bank interest was derived from unrestricted cash balances in both years. 17
Scropton Riding for the Disabled Centre Registsred Charty 1170646 8 Analysis of expenditure on charitable activities Analysls of expenditure Unrestricted funds Restricted income funds 31 Dec 2024 31 Dec 2024 31 Dec 2024 31 Dec 2023 Total funds Prior year Expenditure Staff Costs Freelance Costs Horse Care Feed & Bedding Equipment Rates & Water Electric Insurance Maintenance Training Marketing Administration External Fees Independent Examinerfs Fees Coffee Bar Sundry Loan Interest Loss on Disposal of Fixed Asset Depreciation Total Expenditure 168,890 18,443 21,851 9.617 1,872 4,719 8,057 12,289 10,623 140 469 1,843 12,862 1,062 4.175 5,597 2.466 2.625 9,570 297,167 6,890 175,780 18,443 21,851 14,617 2,432 4,719 8,057 12,289 15,075 140 469 1,843 12,862 1,062 4,175 5,597 2,466 2,625 9,570 314.070 149,589 19,567 11,120 14,594 2,346 3,487 8,170 11,576 59,306 5,1)00 4,453 458 1,707 5,900 1,062 4,477 2,326 3,732 7,125 6,017 312,558 16,903 Expenditure on charitable activities was £314,070 (2023". £312.558) of which £297,167 was unrestricted (2023: £238,847) and £16,903 was restricted (2023: £73,711). 9 Analysis of staff remuneration and expenses This Year 31 Dec 2024 Prior Year 31 Dec 2023 Stsff Costs Salaries and wages Social security costs Pension costs (defined contribution pension plan) Other employee benefits Total Stsff Costs 161,947 10,295 2,597 940 175,780 143,671 3,585 2,149 149,589 The charity Trustees We not paid nor reiVed any other benefits from employrnent with the Cent, neither were they reimbursed expenses during the year. No charity Trustee received payment for professional or other services supplied to Ihe charity. 18
Scropton Riding for the Disabled Centre Registered Charity 1170646 The total employee benefits of the key management personnel of the charity We £80,864 (2023: £80,870) and related to 3 people (2023." 3 people). There were no employees who reIVed total employee benefits (excluding employer pension costs) of more than £60,000. 10 Related party transactions There were no related party transactions in the year. 11 Investments, Intangible and Tangible fixed assets Freehold land & buildings Intangible Plant & Equipment Fixtures & Fittings Total Cost At the beginning of the year Additions Revaluations Disposals At end of the year 2,000 972,063 48,087 31.100 38,796 1,060,945 31,100 17,938 {31,484) 1,078.499 17,938 (31,484) 47,703 2,000 990.000 38.796 Depreciation At beginning of the year Depreciation Disposals Impairment At end ofthe year 2,000 36,263 5,917 (16,359) 25,474 3,653 63,737 9,570 (16,359) 2,000 25,821 29,127 56,948 Net book value at the beginning of the year Net book value at the end of the year 972,063 11,823 13,322 997,208 990,000 21,881 9.669 1,021,551 Depreciation Basis Depreciation Rate Straight Line Straight Line 25% straight Line Straight Line 10¥0 & 12.5¥. 10, Revaluation - Freehold land & buildings On 6 August 2024 a valuation of the premises was carried out by BB and J Commercial, Derby. The open market freehold value of £9,000 was deterniined on the basis of vacant possession. Revaluations will be carried out in accordan with accounting practice every 5 years, the next one being scheduled for Decernber 2029. 19
Scropton Riding for the Disabled Centre Registered Charity 1170646 The company investment of £1 relates to the subsidiary undertakings of: Scropton Equestrian Centre Ltd Nature of business: Equestrian activities Company Number. 03861792 Registered in England and Wales Registered address: The Riding Centre, Scropton, Derby, Derbyshire, DE65 SPL Number of shares.. 1 Class of share.. Ordinary Holding.. 1000 The financial statements as at 31 December 2024 show: Income.. £76,675 Expenditure". £76,675 ProfiVLoss £0 Net Assets £0 12 Stock 31 Dec 2024 31 Dec 2023 Opening stock Added in period Expensed in period Impaired Closing stock 920 8,850 (6,809) 2,000 8,906 (9.986) 2,961 920 Stocks relate to haylage. 13 Debtors 31 Dec 2024 31 Dec 2023 Trade debtors Prepayments and accrued income Total 15,500 15.500 859 859 14 Creditors: amounts falllng due within one year 31 Dec 2024 31 Dec 2023 Trade Creditors Accruals and defeed income Other Creditors Bank Loan Total 2,200 1.062 367 7,024 10,653 1,718 40,122 524 9,456 51.819 20
Scropton Riding for the Disabled Centre Registered Charity 1170646 15 Creditors: amounts falling due after more than one year 31 Dec 2024 31 Dec 2023 Bank Loan Total 35,581 35,581 60,285 60,285 The bank loan includes amounts repayable of £3,701 (2023: £17,371) after more than five years. Included within bank loans due within arKI after one year is £42,606 repayable to Triodos Bank UK. Interest on this loan is charged at a rate of 50A per annum. The ten of the loan is 10 years with monthly repayments commencing in June 2020. The loan is secured against the Freehold Land and Buildings. 16 Post balance sheet events There were no material post balan sheet events. 17 Analysis of net assets between funds Current year Unrestricted Funds 2024 1,021.552 54,523 7,808 (35,581) Restricted Funds 2024 Total 2024 1,021,552 74,273 7,808 (35,581) Fixed Assets Cash and current investments Other current assets I liabilities Creditors more than one year Provisions I pensions Total 19,750 1,048,301 19,750 1,068,051 Prior year Unrestricted Funds 2023 997,209 153,661 (50,040) (60,285) Restricted Funds 2023 Total 2023 997,209 169,661 (50.040) (60,285) Fixed Assets Cash and Gurrent investments Other cUrnt assets I liabilities Creditors more than one year Provisions I pensions Total 16,000 1.040.545 16,000 1,056,545 21
Scropton Riding for the Disabled Centre Registered Charity 1170646 18 Movement In Funds Current year Balance 01 Jan 2024 Net Transfer Incomlng Resources Movement Between Resources Expensed in Funds Funds other Gainsl (Losses) Balance 31 Dec 2024 Unrestricted Funds General Fund Total 1,040.545 1,IJ40.545 259,486 259.486 (297.167) 297.167 {37,681) 37,681 27,500 27,500 17,938 1,048,301 17,938 1,048,301 Rastricted Funds The Souler Charitable Trust Edith Murphy Foundation Masonic Charitable UK Youth Pets at Home Hedley Foundation Co-op Communty Dividend Cash 4 Clubs UK Youth Masonic Charity Dougla5 Arter Foundation Sevem Trent Water Masonic Charity Masonic Charity GRIN Micro Award Private Donations Total 4,000 7.000 5,000 (4,000) (7,000) (5,000) 1,225 11,500 2,000 1,000 2.000 1.225 5.000 500 4,453 500 500 250 18.000 48.153 (1.225) 11,500 (11,500) (2.000) (1.000) (2.000) (1,225) {5.000) 500 500 (4.453) 500 500 250 18.000 31,260 500 500 250 18,000 19,750 16,000 16.903) (27,600) Total 1,056,545 307,638 {314.070) 6,431 17.938 1,068,051 The transfers between funds relate to reslricted funds used for capital expenditure which have now been completed and as such the restrictions have lapsed. 22
Scropton Riding for the Disabled Centre Registered Charity 1170646 Movement in Funds (contlnued) Prior year Balance 01 Jan 2023 Net Transfer Incoming Resources Movement Between Resources Expensed in Funds Funds Other Gainsl (Losses) Balance 31 Doc 2023 Unrestricted Funds General Fund Total 1,042,081 1,042.081 233,811 233,811 238,847) 238.847 {5.036) 5,036 3,500 3.SOO 1.040,545 1,040,545 Restrlctsd Funds National Lottery Foundation Derbyshire British Equestrian Fed Abellio East Midlands The SoLrter Charitable Trust Edith Murphy Foundation St James Place Masonic Charitable Sevem Trent Water East Midlands Arport Boshier Hinton Foundation British Equ8Strian Fed Bemard Sunley Foundation Cons. Charity of Burton Co-op Community Fund David Solomons Trust Sir Jules Thorn Trust Total 4.216 2.000 (4.216) (2,000) (4,936) {4,216) (2.000) 4,936 3.500 4,000 7,000 2.500 5,000 40,073 1.990 1.475 2,116 5,000 5.000 1.156 750 2,500 86.995 3,500 4,000 7,000 (3,500) 4,000 7,000 (2,500) 5.000 5,000 (40,073) (1.990) (1.475) (2,116) (5.000) (5.000) (1,156) (750) (2.500 73,711) 6,216 13,284 (3,500 16,000 Totsi 1,048.297 320,806 312,558 8,248 1,056,545 23
Scropton Riding for the Disabled Centre Registered Charity 1170646 Purpose of the Restrictsd Funds 31 December 2024 Application to UK Youth Pets at Home Hedley Foundation Co-op Community Dividend Cash 4 Clubs UK Youth Masonic Charity Douglas Arter Foundation Sevem Trent Water Masonic Charty Masonic Charity GRIN Micro Award Private Donations Project Ground Based Activities Horse Power Club Sessions Pilot Ground Based Activities Club Sessions Pilot Ground Based Activities Core Funding Family Sessions Pilot Toilets Core Funding Core Funding Core Funding Horse Power Total Total Grant 1,225 11,500 2,000 1,000 2,000 1,225 5,000 500 4,453 500 500 250 18,000 48.153 24