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2023-03-31-accounts

Reference and Administrative Details	Reference and Administrative Details	Reference and Administrative Details
Trustees' Report			2 to 4
Statement ofTrustees'		Responsibilities
Independent Examiner's		Report
Statement ofFinancial		Activities
Balance Sheet
Notes to the Financial	Statements		9to 21

					Total
				Unrestricted	2023
			Note
Income and Endowments		from:
Donations and legacies				1,030	1,030
Investment income				155,797	155,797
Other income				3,742	3,742
Total income				160,569	160,569
Expenditure on:
Charitable activities				(32,201)	(32,201)
Other expenditure				(139,824)	(139,824)
Total expenditure				(172,025)	(172,025)
Gains/losses on investment		assets		(12,707)	(12,707)
Net movement in funds				(24,163)	(24,163)
Reconciliation offunds
Total funds brought	forward			4,738,619	4,738,619
Total funds carried	forward		18	4,714,456	4,714,456
				Unrestricted	Total
				funds	2022
			Note
Income and Endowments		from:
Investment income				146,281	146,281
Other income				11,277	11,277
Total income				157,558	157,558
Expenditure on:
Charitable activities				(68,149)	(68,149)
Other expenditure				(140,405)	(140,405)
Total expenditure				(208,554)	(208,554)
Gains/losses on investment		assets		22„707	22,707
Net expenditure				(28,289)	(28,289)
Net movement in funds				(28,289)	(28,289)
Reconciliation offunds
Total funds brought	forward			4,766,908	4,766,908
Total funds carried forward			18	4,738,619	4,738,619

					2022
Phed assets
Tangible assets			11	1501,386	1,475,950
Investments			12	3.031,616	3044/23
				4,S33,002	4,S20373
Current assets
Stocks			13	72,620	54/20
Debtors			14	17,818	1&,180
Cash at bank	and in hand		15	120,384	159,748
Creditors: Amounts		fallhtg dne «ithht one year	16	210,822 ~79368	232+48 ~13.902
Net entrant	assets			181,454	218~
Net assets				4,714,456	4.738.619
Fttnds efthe charity:
Unrestricted	income	ftmds
Unrestricted	funds			4,714+56	4,738,6'l9
Total fnnds			18	4.714496	4,738,619

Asset class	Depreciation	method and rate
Plant and Machinery	25%straight	line
Classic cars	Nil
Fixtures and fittings	15%straight	line
Land and buildings	Nil

2 Incom	e	from donations and legacies
			Unrestricted
			funds	Total
			General	funds
Donations	and legacies;
Donations		from individuals	1,030	1,030
Total for	2023		1,030	1,030

		Unrestricted
		funds	Total	Total
		General	2023	2022
Income from rents		155,614	155,614	146,247
Interest receivable	and similar income;
Interest receivable on bank deposits		183	183	34
		155,797	155,797	146,281
4 Other income
		Unrestricted
		funds	Total	Total
		General	2023	2022
Livery income				480
Subsidy income		3,742	3,742	3,733
Profit on disposal	offixed assets			6,064
Sale oflivestock				1,000
		3,742	3,742	11,277

			Activity
			support costs	2023	2022
Care for Cabbet Arab horses			26,801	26,801	46,802
Legal and Professional-		governance			13,139
Accountancy-	governance		5,400	5,400	8,208
			32,201	32,201	68,149

			Unrestricted
				Total	Total
			General	2023	2022
Staff costs
Pension costs			473	473	428
Wages and salaries			28,740	28,740	33,222
Travel and subsistence			1,189	1,189	856
Casual wages			9,553	9,553	9,067
Rent and rates			5,129	5,129	6,091
Light, heat and power			4,270	4,270	1,531
Repairs and maintenance			13,148	13,148	8,136
Telephone and fax			254	254	240
Printing, postage and stationery			849	849	688
Trade subscriptions			338	338	743
Sundry expenses			80	80	489
Cleaning			62	62	102
Motor expenses			401	401	11,159
Management fees			16,710	16,710	14,258
Bookkeeping			1,686	1,686	2,160
Insurance			15,905	15,905	11,710
Depreciation ofplant and machinery			5,514	5,514	3,926
Depreciation offixtures and fittings			27,279	27,279	19,751
Legal and professional fees			2,178	2,178	5,657
Staff training					865
Equipment repairs	and renewals		4,928	4,928	8,492
Computer software	and maintenance	costs	140	140	316
Depreciation ofoffice equipment			534	534	81
Clothing					257
Advertising			310	310	180
Bank charges			154	154
			139,824	139,824	140,405

		Unrestricted
		funds	Total	Total
		General	2023	2022
Accountancy	fees
Accountancy	fees	5,400	5,400	8,20S
Legal fees				13,139
		5,400	5,400	21,347

9 Staffcosts
The aggregate	payroll costs were as follows:
			2023	2022
Staff costs during		the year were:
Wages and salaries			28,740	33,222
Pension costs			473	428
			29,213	33,650

2023	2022
No	No

11 Tangible fixed assets
	Land and	Furniture and
	buildings	equipment	Classic cars	Total
Cost
At 1 April 2022	1,101,327	173,140	252,000	1,526,467
Additions		58,763		58,763
At 31March 2023	1,101,327	231,903	252,000	1,585,230
Depreciation
At 1 April 2022		50,517		50,517
Charge for the year		33,327		33,327
At 31March 2023		83,844		83,844
Net book value
At 31March 2023	1,101,327	148,059	252,000	1,501,386
At 31March 2022	1,101,327	122,623	252,000	1,475„950
12 Fixed asset investments
			2023	2022
Investment properties			2,422,155	2,422,155
Other investments			609,461	622,168
			3,031,616	3,044,323

Investment properties
	Investment
	properties
Cost orValuation
At 1 April 2022	2,422,155
Provision
At 31March 2023
Net book value
At 31March 2023	2,422,155
At 31March 2022	2,422,155

Other investments
	Listed
	investments	Total
Cost orUaluation
At 1 April 2022	622,168	622,168
Revaluation	(12,707)	(12,707)
At 31March 2023	609,461	609,461
Net book value
At 31March 2023	609,461	609,461
At 31March 2022	622,168	622,168
13 Stock
	2023	2022
Stocks	72,620	54,320
14 Debtors
	2023	2022
Trade debtors	11,116	5,789
Prepayments	927	395
Accrued income	3,146	9,367
Other debtors	2,629	2,629
	17,818	18,180
15 Cash and cash equivalents
	2023	2022
Cash at bank	120,384	159,748

16 Creditors:	amounts falling due within one year
		2023	2022
Trade creditors		19,884	5,800
Other taxation	and social security	198	176
Other creditors		1,126	81
Accruals		8,160	7,560
Deferred income			285
		29,368	13,902

18 Funds
		Balance at 1	Incoming	Resources	Balance at 31
		April 2022	resources	expended	March 2023
Unrestricted	funds
General
Unrestricted	funds	4,738,619	160,569	(184,732)	4,714,456
		Balance at 1	Incoming	Resources	Balance at 31
		April 2021	resources	expended	March 2022
Unrestricted	funds
General
Unrestricted	funds	4,766,908	180,265	(208,554)	4,738,619

19 Analysis ofnet assets between funds
	Unrestricted	Total funds at
	funds	31March
	General	2023
Tangible fixed assets	1,501,386	1,501,386
Fixed asset investments	3,031,616	3,031,616
Current assets	210,822	210,822
Current liabilities	(29,368)	(29,368)
Total net assets	4,714,456	4,714,456
	Unrestricted	Total funds at
	funds	31March
	General	2022
Tangible fixed assets	1,475,950	1,475,950
Fixed asset investments	3,044,323	3,044,323
Current assets	232,248	232,248
Current liabilities	(13,902)	(13,902)
Total net assets	4,738,619	4,738,619