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|Page||
|---|---|
|1-5|Trustees'AnnualReport|
|6|IndependentExaminer'sReport|
|7|StatementofFinancialActivities|
|8|StatementofFinancialPosition|
|9-15|NotestotheAccounts(includingAccountingPolicies)|





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|||Expendable|Unrestricted|Total|Total|
|---|---|---|---|---|---|
|||Endowment|Funds|Funds|Funds|
|||2023|2023|2023|2022|
||Notes|||||
|Incomeandendowmentsfrom:||||||
|DonationsandLegacies|3|0|<br>0|0|40|
|Investments|4|0|<br>71,005|71,005|62,330|
|Other|5|0|<br>630|630|0|
|Total||0|<br>71,635|71,635|62,370|
|Expenditureon:||||||
|Raisingfunds|6|12,015|<br>0|12,015|13,924|
|Charitableactivities|7|0|<br>177,430|177,430|182,371|
|Total||12,015|<br>177,430|189,445|196,295|
|NetGains/(Losses)oninvestments|12|(300,120)|<br>0|(300,120)|128,929|
|NetIncome/(expenditure)||(312,135)|<br>(105,795)|(417,930)|(4,996)|
|Transfersbetweenfunds|16|(103,077)|<br>103,077|0|0|
|NetmovementinFunds||(415,212)|<br>(2,718)|(417,930)|(4,996)|
|Reconciliationoffunds||||||
|TotalFundsasat6thApril2022||3,150,327|<br>11,175|3,161,502|3,166,498|
|TotalFundsasat5thApril2023||2,735,115|<br>8,457|2,743,572|3,161,502|





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||Expendable|Expendable|Unrestricted|Total|Total|
|---|---|---|---|---|---|
||Endowment||Funds|Funds|Funds|
|||2023|2023|2023|2022|
|||L|O(<br>E|L|Yr|
||Notes|||||
|FixedAssets||||||
|Investments|12|2,681,906|0|2,681,906|3,115,473|
|TotalFixedAssets||2,681,906|0|2,681,906|3,115,473|
|CurrentAssets||||||
|Debtors|13|0|4,835|4,835|9,065|
|Cashatbankandinhand||56,153|24,675|80,828|117,303|
|TotalCurrentAssets||56,153|29,510|85,663|126,368|
|Liabilities||||||
|Creditors:amountsfallingdue||||||
|withinoneyear|14|2,944|21,053|23,997|80,609|
|NetCurrentAssets||53,209|8,457|61,666|45,759|
|TotalNetAssetsat5thApril2023||2,735,115|8,457|2,743,572|3,161,502|
|Representedby:||||||
|TheFundsoftheCharity|16|||||
|TotalCharityFundsat5thApril2023||2,735,115|8,457|2,743,572|3,161,502|
|AgreedandsignedonbehalfoftheBoard|ofTrusteeson|<br>1|<br>/2 '3|||



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|3|DonationsandLegacies|2023|2022|
|---|---|---|---|
|||£|£|
||Legacy|0|40|
|4|Incomefromlistedinvestments|2023|2022|
||UKEquities|36,174|41,943|
||UnitTrustIncome|6,034|1,658|
||OverseasIncome|20,068|10,932|
||OverseasInterest|3,512|1,813|
||UnitTrustInterest|3,396|4,334|
||GiltInterestGross|2,063|1,550|
||OtherIncome|1,415|459|
||OverseasTaxdeductedatsource|||
|||/1,uub||





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|5|Otherincome|2023|2022|
|---|---|---|---|
|||£|£|
||BankInterest|630|33|
|||630|33|
|6|Raisingfunds|2023|2022|
|||£|£|
||Investmentmanagementcosts|12,015|13,924|
|||12,015|13,924|
|7|Charitableactivities|Grantmaking|Grantmaking|
|||2023|2022|
||Grantmaking:|£|£|
||EquineWelfaregrants(note8)|76,310|71,670|
||ElderlyFrailgrants(note8)|76,633|87,433|
||Staffcosts(note9)|17,914|16,286|
||Governancecosts(note10)|6,056|6,253|
||Sundryofficeandadministrationexpenses|517|728|
|||177,430|182,371|
|8|Grants|||
||Grantsaremadetoinstitutionsonly.Afulllistofgrantsawardedduringtheyearisasfollows:|||
|||Equine|Elderly&|
|||£|£|
||AgeConcernNorthNorfolk|0|2000|
||AgeWellEast|0|8,500|
||AgeUKWestminister|0|8,500|
||BFriend|0|6,000|
||BritishHorseSociety|5,000|0|
||CastlePointSocial|0|5,000|
||DementiaUK|0|7,000|
||HADCA|0|2,500|
||HAPPA|8,010|0|
||Here4Horses|3,500|0|
||Hourglass|0|4,000|
||MakingSpace|0|1,600|
||MindLeeds|0|5,000|
||MoorcroftEquine|11,000|0|
||OlderPeopleNorthWest|0|5,000|
||ReachFamilyProject|0|10,533|
||Redwings|7,000|0|
||SafeHavenforDonkeys|7,800|0|
||SandhurstDayCentre|0|5,000|
||ScottishSPCA|12,000|0|
||ThornberryAnimalSanctuary|10,000|0|
||WellbeingofWomen|0|6,000|
||WorldHorseWelfare|9,000|0|
||HillPonyResources|3,000|0|
||Totalgrantstoinstitutions|76,310|76,633|





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|9|Staffcosts|2022|2022|
|---|---|---|---|
|||£|£|
||Salary-grosspaid|17,579|15,989|
||Pensioncontribution-employer'spaid|335|297|
|||17,914|16,286|
||Employeeexpensesclaimed|363|630|



|10|Governancecosts|2023|2022|
|---|---|---|---|
|||£|£|
||Trusteesexpenses(note11)|430|587|
||Consultancyfees(HR)|0|400|
||Insurance|161|161|
||Regulatory|35|35|
||Accountancyandcompliancefees|3,708|3,600|
||IndependentExaminationfee|672|600|
||Payrollfee|1,050|870|
|||6,056|6,253|



|12|Investments|Valueat|Purchases|Sales|Realised|Unrealised|Valueat|
|---|---|---|---|---|---|---|---|
|||05/04/2022|atcost|proceeds|Gain/Loss|Gain/Loss|05/04/2023|
||Listedinvestments|£|£|£|£|£|£|
||FixedInterest|163,121|127,220|153,921|(5,761)|(4,829)|125,830|
||Overseas|1,296,810|791,894|749,328|(63,853)|(48,831)|1,226,692|
||EquitiesandIncome(UK)|1,566,225|331,741|552,688|(127,305)|(28,698)|1,189,275|
||PropertyFunds|71,245|0|0|(11,335)|(13,114)|58,131|
||Commodities|18,342|77,853|17,823|231|3,375|81,978|
|||3,115,743|1,328,708|1,473,760|(208,023)|(92,097)|2,681,906|





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|13|Debtorsreceiveablewithinoneyear||||2023||2022|
|---|---|---|---|---|---|---|---|
||||||£||£|
||OtherDebtors||||4,835||9,065|
||||||4,835||9,065|
|14|Creditors:amountsfallingduewithinoneyear||||2023||2022|
||||||£||£|
||Accrualforgrantspayable||||15,000||72,563|
||Accruals||||412||265|
||Othercreditors||||8,585||7,781|
||||||23,997||80,609|
|15|BasicFinancialInstruments||||2023||2022|
||||||£||£|
||Carryingamountoffinancialassets|||||||
||Cash||||80,828||117,303|
||Receivablewithinoneyear:|||||||
||-Debtors||||4,835||9,065|
||Carryingamountoffinancialliabilities|||||||
||Payablewithinoneyear:|||||||
||-Creditorsandaccruals||||23,997||80,609|
||||||23,997||80,609|
||InstrumentsmeasuredatfairvaluethroughSOFA|||||||
||Investmentsatvalue||||2,681,906||3,115,743|
|16|Movementsbetweenfunds|Balanceat|||Gains/|Transfer|Balanceat|
|||06/04/22|Income|Expenditure|(Losses)|betweenfunds|05/04/23|
|||£|£|£|£|£|£|
||ExpendableEndowment|||||||
||Investments|3,150,327|0|<br>(12,015)|(300,120)|<br>"0x.07"|2,735,115|
||Unrestrictedfunds:|||||||
||Generalfunds|11,175|71,635|<br>(177,430)|0|<br>103,077|8,457|
||Totalfunds|3,161,502|71,635|<br>(189,445)|(300,120)|<br>0|2,743,572|





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|18|ComparativeStatementofFinancialActivities|Expendable|Unrestricted|Total|
|---|---|---|---|---|
|||Endowment|Funds|Funds|
|||2022|2022|2022|
|||£|£|£|
||Incomeandendowmentsfrom:||||
||DonationsandLegacies||40.00|40.00|
||Investments|0|<br>62,330|62,330|
||Total|0|62,370|62,370|
||Expenditureon:||||
||Raisingfunds|13,924|<br>0|13,924|
||Charitableactivities|0|<br>182,371|182,371|
||Total|13,924|<br>182,371|196,295|
||NetGains/(Losses)oninvestments|128,929|<br>0|128,929|
||NetIncome/(expenditure)|115,005|<br>(120,001)|'.9'•|
||Transfersbetweenfunds|(97,764)|<br>97,764|0|
||NetmovementinFunds|17,241|<br>(22,237)|(4,996)|
||Reconciliationoffunds||||
||TotalFundsasat6thApril2021|3,133,086|<br>33,412|3,166,498|
||TotalFundsasat5thApril2022|3,150,327|<br>11,175|3,161,502|