Charity Registration No. 1175642
NANTWICH & DISTRICT RIDING FOR THE DISABLED ASSOCIATION TRUSTEES' REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
NANTWICH & DISTRICT RIDING FOR THE DISABLED ASSOCIATION
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the accounts | 6 - 7 |
NANTWICH & DISTRICT RIDING FOR THE DISABLED ASSOCIATION
TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022
The trustees present their report and accounts for the year ended 31 March 2022.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's governing document, the Charities Act 2011 and the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005.
Structure, governance and management
The charity was established by a charitable trust deed on 8 November 2017.
The trustees who served during the year were: S Saner T Hornbuckle J Armitage A Moody M Powell I Pawsey S McCormack
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Objectives and activities
The charity's objectives are to provide the opportunity of riding to people with disabilities in the Nantwich and District area in Cheshire. The policies adopted in furtherance of these objectives follow the National Riding for the Disabled Association guidelines and there has been no change in these during the period.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
In the past twelve months the Charity has paid for all the costs associated with the three horses it owns and for one pony on loan. The riding sessions have all taken place at Reaseheath College either using the Mechanical Horse or the Group’s horses in the Indoor Arena. Donations are requested for all rides but it has been decided to keep these totally voluntary for the time being.
Achievements and performance
Volunteers continue to be registered with the Group and DBS checks and references are being undertaken. These have to be renewed every three years. New Volunteers are being sought and trained to the accepted standards in line with the insurance requirements. Currently there is only one fully trained and approved coach able to take sessions but some volunteers are training to become qualified coaches. There is a waiting list of potential riders and when possible new riders are introduced but this is dependent on the number of equines and volunteers available.
Fund raising and grant applications have been severely curtailed during the Covid-19 pandemic. It has not been possible to hold the planned events which has been reflected in the income. Most essential equipment has already been purchased with the exception of a few items.
The Trustees decided that in line with National Governing body's recommendation that eighteen months running costs should be kept in reserve to ensure the Charity has a sound base. They are aware that in future years to allow for the continuance and growth of activities there is an inevitable replacement of horses needed to be secured.
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NANTWICH & DISTRICT RIDING FOR THE DISABLED ASSOCIATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
Financial review
The trustees are disappointed with the levels of donations and other fundraising income received in the year but the reserves have remained strong.
The funds generated in the year have allowed the charity to continue to fund the upkeep and livery costs of the horses. Voluntary donations have been especially important in a period where no riding donations were possible due to the COVID-19 pandemic impacting most of the year ended 31 March 2021.
Ongoing financial support is always welcome and no more so than during this period of uncertainty. In order to continue the great work the charity has achieved to date, the trustees are conscious of the continual need for additional voluntary help, donations and legacies. The trustees greatly appreciate the efforts of all involved with the charity as well as everyone who has given donations during the year.
Before the Coronavirus outbreak, the charity was in a robust financial position. Since the outbreak in March 2020, the trustees have managed the funds tightly to ensure the charity continues to provide an invaluable opportunity and experience to people with disabilities in Nantwich and the surrounding area over the coming year.
On behalf of the board of trustees
S Saner Trustee Dated: 8 June 2022
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NANTWICH & DISTRICT RIDING FOR THE DISABLED ASSOCIATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF NANTWICH & DISTRICT RIDING FOR THE DISABLED ASSOCIATION
I report on the accounts of the charity for the year ended 31 March 2022, which are set out on pages 4 to 7.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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(i) examine the accounts under section 145 of the 2011 Act;
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(ii) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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(iii) to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(a) which gives me reasonable cause to believe that in any material respect the requirements:
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(i) to keep accounting records in accordance with section 130 of the 2011 Act; and
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(ii) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act;
have not been met; or
- (b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Afford Bond Holdings Limited
Dated: 8 June 2022
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NANTWICH & DISTRICT RIDING FOR THE DISABLED ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2022
| Notes Incoming resources from generated funds Donations and legacies 2 Incoming resources from charitable activities 3 Total incoming resources Resources expended 4 Costs of generating funds Costs of generating donations and legacies Net incoming resources available Charitable activities Direct charitable expenses Support costs Total charitable expenditure Total resources expended Net income for the year/ Net movement in funds Fund balances at 1 April 2021 Fund balances at 31 March 2022 |
2022 £ 29,068 11,068 40,136 409 39,727 12,763 3,241 16,004 16,413 23,723 29,128 52,851 |
2021 £ 7,273 8,264 |
|---|---|---|
| 15,537 | ||
| 582 | ||
| 14,955 9,721 2,338 |
||
| 12,059 | ||
| 12,641 | ||
| 2,896 26,232 |
||
| 29,128 |
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NANTWICH & DISTRICT RIDING FOR THE DISABLED ASSOCIATION
BALANCE SHEET
AS AT 31 MARCH 2022
| Notes Current assets Cash at bank and in hand Total assets less current liabilities Income funds Funds |
2022 £ 52,851 |
£ 52,851 52,851 52,851 |
2021 £ 29,128 |
£ 29,128 |
|---|---|---|---|---|
| 29,128 | ||||
| 29,128 |
The accounts were approved by the Trustees on 8 June 2022
T Hornbuckle
Trustee
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NANTWICH & DISTRICT RIDING FOR THE DISABLED ASSOCIATION
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
1 Accounting policies
1.1 Basis of preparation
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005 and the Charities Act 2011.
2 Donations and legacies
| Donations and gifts Ride donations |
2022 £ 20,117 8,951 29,068 |
2021 £ 6,548 725 |
|---|---|---|
| 7,273 |
Ride donations have greatly increased in the year ended 31 March 2022. Last years figures were alot lower as a direct result of the Covid-19 pandemic and the charities inability therefore to offer the extent of riding sessions it otherwise would.
3 Incoming resources from charitable activities
| Grants receivable Fundraising income Gift aid income |
2022 £ 7,506 2,892 670 11,068 |
2021 £ 3,850 4,414 - |
|---|---|---|
| 8,264 |
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NANTWICH & DISTRICT RIDING FOR THE DISABLED ASSOCIATION
NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
4 Total resources expended
| Costs of generating funds Costs of generating donations and legacies Charitable activities Horses (and associated costs) Riding and other equipment Total Support costs |
2022 £ 409 10,430 2,333 12,763 3,241 16,004 16,413 |
2021 £ 582 |
|---|---|---|
| 8,904 817 9,721 2,338 |
||
| 12,059 | ||
| 12,641 |
5 Trustees
None of the trustees (or any persons connected with them) received any remuneration during the year.
6 Employees
There were no employees during the year.
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