COMPANY REGISTRATION NUMBER: 08687994
CHARITY REGISTRATION NUMBER: 1176409
Summerfield Stables-Horses in the Community
Company Limited by Guarantee
Unaudited Financial Statements
30 September 2020
*NA7RKEKY•
3010612021
COMPANIES HWSE
A23
#155

Summerfield Stables-Horses in the Community
Company Limlted by Guarantse
Financial Statements
Year ended 30 September 2020
Page
Trustees, annual report (incorporating the directo¢s report)
Independent examine¢s report to the trustees
Statement of financial activities {including income and
expenditure account)
Statement of financial position
10
Notes to the financial slatements
11
The following pages do not form part of the financial slatements
Detailed statement of financial actNrties
19
Notes to the detailed statement of financial actrvities
20

Summerfield Stables-Horses in the Community
Company Limited by Guarantse
Trust•es' Annual Report (Incorporating the Dlrector's Report)
Year ended 30 September 2020
The tiustee$, wlK> are also the directors for the purFLises of company law. present their report and the
unaudited financial statements of the chanty for the year ended 30 September 2020.
Objectives and activities
About Summerfleld Stables
Summerfield Stables is a wmrnunity group that has been established over forty-three years. Its aim is
lo encourage children and young people in the Yardley Wotyj area of 8imiingham lo understand and
interact with horses.
The stables were started by Roslyn Tedd-urwin in June 1969 when she was 21. Since that time it ha5
been seNing the local communty and has provided many opportunities for children and adults alike.
The young people who visit the stables are mo5￿Y bets￿n the ages of seven an(1 fifteen and come
from the surrounding areas. including Yardley Wood. Hall Green, Balsall Heath. Kings Heath and
Billesley. We particularly encourage children who have disabilib"es, bolh physical and mental as well as
young people who have had behavioural issues. Some of our young people are not in mainstream
school and we welcome looked after children and adopted children.
On December 20th 2017 Summerfiekq Stables athieved registered charity stalus. This required some
change510 ourcommittee as Roslyn Tedd-uwn resigned her positron and we added tsvo more trustees.
Eleanor Holmes and Jennifer Di51ey-Jones. Georgina Uwn and Cheryl Fox- Barratt retsined their
posi1Ksns on the committee. Roslyn Tedd-urwin still remains a very important figure in the day lo day
running of the stables and has an important overview in decisions involving hotse welfare. The
committee is extremely grateful for her contribution to the stables for over45 years and for her continuin9
contribution this year.
We believe that inleracling and enga9ing wrth horses provides a unique experience for young people,
which helps lo build their confidence and future aspirations. Horse riding and care develop young
people's Iransferrable skills which is essential for many young people who may otherwise leave school
without essential skills which they need for Ihe work place and society in general. Encouraging young
people to volunteer is important as this may become a life-long interest which will help strengthen our
ornmunilies for the future.
Purpose
To re-school and re-train rescue hofses in order to use them lo enable members of the community in
the surrounding area to have acee5S to horse riding and related activitses with a particvjar focus Dn
access for those suffering disability or disadvantage.

Summerfield Stables-Horses in the Community
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (conlinved)
Year ended 30 Septsmber 2020
Oblectives and a¢tivi¢le$ (¢¢nVnu¢d)
Aims
To promote any charitable purFoses for the benefft of the community in the area of Bimiingham and ils
surrounding district I'the area of benefir.).,
in particular, to provide fa¢ilib'es advice and guidance to enable members of the ¢ommunity within
the area of benefit lo have the chance of horse riding and associated skill5."
in particular lo provide a serV￿e which is intended lo make rhling and associated skills available to
people who because of disabilibes or disadvantage suffered by them would have not been able to
ride.,
to Provide such serviees Whe￿ appropriate at a reduced Cost or no cost at all,.
to impfove the welfare of equines by Tescue and rehabilitstion.
Publlc Benefit
We have referred lo the guidance contained in the Charity Commission's general guidance on publi¢
benefit when reviewing our aims and objectives and in planning our future activities.
Achievem*nts and performance
To provide facllities. advice and guidance to enable members ol the communlty wlthin the area
of ￿nefIt to have the chance of horse riding and associated skllls.
Summerfiekl Stables. 50th year has proved to be one of the most challengingl Despite Covid causing
the stables to close for Significant peric*Js. successful funding bids and fundraising efforts have enables
us to make continued progress with our building work. The building work on our newest b￿ck of stables
was completed and a converted shipping contsiner to be used as a classroom was a150 Sited. Most
51gniftcantly was the prog￿$5 on the 1￿h￿"rtg around the stsble yard. Due to Covbd we realised that our
activities would need lo be in much smaller 'bubbSes' an so we installed lighting around the site with
funding from PetPlan so that we would be able lo run actNities after school ratherthan juston weekends.
We became a Brits"sh Horse Society Approved Centre in the Summer of 2020 and due lo Covid some of
the stage 1 and 2 exams have now been allowed onsrte. This gives access lo these inlemalionally
Tecognised qualifications for many young people.
During the March lockdown our vtsits from le￿1 schools and nurserEs stopped. Despite this many of
our key volunteers continued throughout the lock down period. Many of these were teenagers who found
that the volunteering was essential to Iheif mental health. Many of our rnosl vulnerable children also
have EHC plans and so were allowed by the local council lo continue wlh activities which were an
integral part of their education or mental well*eing. As a resutt we were able lo keep the horses fit
during the March lockdown and this enabled us to open as soon a5 the lock down ended
with
reslriclions in place.

Summerfield Stables-Horses in the Community
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Reportl (¢ofttlnu
Year ended 30 September 2020
Achievements and performance iconllnwdj
In particular to provlde a service whSch is inlended to malte rldlng and associated skills avallabl•
to people who because of disabilities or disadvantage suffereil by thwm would hovg not been
abl• to ridtr.
Throughout Covid we continued some of our provision for the most vulnerabk children such as those
with Disabilities. those in care and those who are excluded from or at risk of exclusion from school. This
year we provided Pla￿ments for young Peop￿ attending Uffculme School and James Brindley School,
which are both sehools which speeialise in provision for children with Aulism. We aim lo extend these
links lo more children in future enabling the young people to interact wjth hotses bul also to train for
exams with the British Horse Society.
Throughout Covid the wailing list for nding lesson5 ha$ InC￿85ed as there has been a huge intere$t in
oulIJooT activities and also many childien have needed aclivilies Ihat support their mental health. Once
the stables ieopened after lockdown all of our current rKlers were able to restsrt bul we were mel with
the ¢hallenges of the resth"clions on numkrs set by the govemment and the necessary cleaning of
equipment. During the pandern￿ many of our young people struggled with their mental health and
many joined our wailing list who have complex needs including those with severe mental health
problems and those al risk of suicide. We were parbcularly anxious about many of the Children we
support who are al risk of radiea1isat￿n and those who are at risk of domestbc violence. These were
some of the first children io restsrt lessons after the relaxation of thkdown rules.
Our pony days were as ever popular throughout 2019 through to March 2020 however they were then
cancelletJ due lo lockdown. During Summer 2020 we became a Pony Club linked centre so that younger
children wo ride with us and join in our pony days will be able to work towards badges and achievement
awards. This will be a good way to improve chiidfen's self-confidence and our youngest members ffom
the age of three upwards will benefit in the future. Many of our a¢kn'vity days and tsster session5 for those
with disabilities have had lo be on hold this year due to Covid as scKial distancing is not possible during
these activities. We hope to restsrt these as soon as social dtstsncing regulath.ons will allow.
One of the huge successes of 2020 was our detem1inat￿n to hold pony camps where it was safe to do
so. Due to this we had much srnaller nurnbers on each camp (four on each camp) and had lo adhere lo
social distancing. Due lo rnost of our activtties being out-doors we thankfully were able to keep all riders
safe and Covid free and they were able to have a much needed holiday at Kinlel Hall in Kiddeminsler-
sadly our last chance to use this venue due to its sale in September 2020. Although 8 huge uplift for all
of the team the camps were a huge strain on our staff and volunteers who were èn9aged in camps for
three weeks as we ran a total of 7 camps. We offered funding for many of the young people on these
camps, some from our own funds and Yardley great trust also sponsored some young people.

Summerfield Stables-Horses in the Community
Company Limitsd by Guarantee
Trustees. Annual Report (Incorporating the DirectoVs Report) {thllnu6dJ
Year ended 30 September 2020
Achlevoments and perfornyance (conthuqd)
To provide such services where approprfate at a reduced cost or Tro cost at all.
In order lo keep the costs low we are now asking riders to pay a monthly membership whieh still works
al the same cost per week for regular riders. For example- a payment of £48 per month funds one half
hour lesson per week across the year and missed lessons can be rescheduled. Several of our riders
continue to be fvnded by Yardley Great trusi for their riding and also for Pony camps. We would seek
lo increase the number of children receiving lunding fof their riding over the coming year. for so many
children, lack of money is the biggest factor preventing them from riding. C￿rIng Covid when lessons
restarted bul reslriclions on groups were in place we did not charge extra for 1 to 1 lessons (which are
double the price of a group lesson in a commercial riding sch(￿11.
To improve the welfare of equlnes by rescue and rehabilltation
In the winter of 2019 a new horse Searfett joined the stables from a private home as due to her difficult
behaviour and the ownerfs personal circumstsnces making rt difficurt for the owner lo cope. In summer
2020 we welcomed tsvo new equines lo the stables on loan from Ingestre stsbles in Slaffordshire. The
ponies were unable to be ridden due to leadrein lessons being ¢ancelled and so they were gaining
weight which caused a big risk lo their health.
We were delighted lo be awarded a Pel Plan Grant towards our volunteer Iraining and the development
of our facilities for the training of volunteers. This was to upskill our volunteers as soon as
lockdown restrictions were lrfted and it meant thal we became a British Horse Society Approved centre
in 2020- enabling us lo run some of the Stage 1 and Exams on srte. In order to develop the volunteer
training Pela Roberts a fellow of the Bnts"sh Horse Society joined the team in a freelan¢e capacity to
supplement the training already run by Dan Spencer. This has been of huge benefit to our team of
volunteers as well as to our horses.
This year we continued lo work to improve the welfare of horses in our care by providing the farriery.
veterinary, denb.slry and chiropractic treatments that they needed to stay in good health. Sadly some
of the veterinary treatment for the animals in our care is not a￿y5 successful and one youn9 horse
died due lo colic in July 2021 and another was euthanised in November 2019 due lo worsening arthritis.
Risk$
The trustees are aware of the risks connecled with operatrng 8 charity involvin9 animals and providing
services lo childien and other vulnerable people_ Al risks are kept under review including operational
and financial arKI equally applying to staff and service users.

Summerfield Stables-Horses in the Community
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorf¥ Report) (conllnuvdj
Year ended 30 September 2020
Flnanclal r&view
The gross incoming resources for the period were £1[￿.488 12019.. £62.5091. consistin9 mainly of
leesldonations lor rjding, grants of £36.647 12019.- £7.084) and general donations of £15,555 12019."
£5.4621. £500 ofthe grants received were for reslri¢led purposes. Total expenses We￿ £102.23412019'.
£60.011 lof which £2,200 was reStr￿ted. The net result was a surplus for the yeaf of £4.254 {2019:
£2,498). The final resu￿ was a net increase in general funds of £5,954 and a decrease in restricted
fvnds of £1.700.
Total fvnd$ Carried forward were £18.582 9eneral and £nil ￿$tr￿ted. These funds will be used in the
future for the improvement of stte and facility costs.
No reserves poI￿Y has yet been established. The trustee$ have a number of aims for growth and
therefore il is unlikely that any signfficant feserves wll be built up in the near future as all monie5 wll be
spent.
Al the balance sheet date the charity had net assets of £18.582. This includes a trustee loan of £7,150
made in previous years. The trustee has confirmed that she will not seek repayment of the loan untsl the
charity is in a sufficientiy stable financial position.
Plans for future periods
Expansion and improvement of facllities
Much of the planned building work aroljnd our site was completed in 2020 however with sc¢ial distancing
regulalions in place il has become clear that more cLqssroom space is needed lo ensure we can keep
'bubbles' of young people separate. Over the next year we aim to make more classr¢)om and covered
space so that we can continue lo work in small groups no matter what the weather. We will also look for
funding lo buikl an aeeessible toilel and changing room to make the site more accessible.

Summerfield Stables-Horses in the Community
Company Limited by Guarante•
Trustees, Annual Report (Incorporating the Directorfs Report) (¢ontlnu8d)
Year ended 30 September 2020
RESPONSIBILITIES OF THE TRUSTEESIDIRECTORS
The trusleesldireclofs are responsible for prepann9 the Annual Report and the financial statements in
accordance with applicable law and regulations_
Company law requires the trustees to prepare financial slatements for each financial year. Under that
law the trustees have elected to prepare the financial statemenls in accoidance with United Kingdom
Generally Accepted Accounting Pfaelice Iuniled ￿"ngdoM Accounting Stsndards and applicable lawl.
Under Company law the trustees musl not approve the financial statements unless they are satisfied
that they give a true and fair view of the state of affairs of the charitable company and the income and
expenditure of the charitable company for that period. In preparing these fi'nancial statements, the
trustees are required to".
' seleel suitable a¢counts"ng polic￿$ and then apply them consiSten￿y.
' observe the methcrfls and win¢iples in the Charitr'es SORP..
' make judgements and accounb.ng esb"mates that are reasonable and prudent.,
stale whether apPlica￿e UK Accounting Slandards have been followed. subject to any material
departures disclosed and expL3ined in the financial statements.,
prepare the financial statements on the going concem basis unless it is inappropriate to presume that
the charitable company will continue in operaliTh).
The directors are responsibie for kee￿"llg adequate *eounts'ng records that are sufficient to show ant1
explain the charitable Company's transactions and disclose with reasonable accuracy at any lime the
rinancial position of the charttabk company and enable them to ensure that the fi'nancial statements
comply with the Companies Act 20(￿. They are also responsible for safeguarding Ihe assets of the
charitable company and hence for lth.ng reasonable steps for the prevention and detection of fraud and
other Irregujaril￿s.
Structure. govemanee and managoment
The Charity is a company limited by guarantee. Day to day control is exercised by G Unvin wrth the
body oflruslees meets.ng on a regular basis. The CoMp￿Y became a registered Charity on 20 December
2017.
Although Summerfield Stables has existed for many years il was onty lncoip￿ated in September 2013
and activit￿S were transferred to the company in February 2014.

Summerfield Stables-Horses in the Community
Company Limited by Guarant•e
Truslees. Annual Report (Incorporating the Directorfs Report) {c*wrtthu¢dJ
Year ended 30 September 2020
Reference and administrative details
Registered charlty name
Summeffield Stables-Hor5es in the Communty
Chailty reglstratlon number
1176409
Company registration number 08687994
Prfnclpal offke and reglstered 18 Stsplehurst Road
office
Hall Green
Birmingham
828 9AS
The Iruslees
G Umin
C Fox-Barrett
J Disley-Jones
EJ Holmes
Accountsnts
David Seeley FCA
Chartered accountant
Accuo Accounting Limited
Chartered Accountants
Alvechur¢h
Birmingham
B48 7JX
Small company provisions
This report has been prepared in accordance the provis￿n$ applicabie lo companies entitted lo the
small companies exempts"on.
The Iruslees, annual re￿rt wa5 approved on 28 June 2021 and sKJned on behalf olthe board of Iruslees
by..
G Urwin
Trustee

Summerfield Stables-Horses in the Community
Company Limitsd by Guarantse
Independent Examinerfs Report to the Trustees of Summerfield Stables-Horses
in the Community
Year ended 30 September 2020
I report to the trustees on my examination of the ffinancial statements of Summerfield Stables-Hofses in
the Community ('the charty.) for the year ended 30 September 2020.
Responslbilitles and basls of report
As the trustees of the company (and also its direelors for the purposes of company law) you are
responsible for the preparation of the finanual statements in accordance with the requirements of the
Companies Act 20061'the 20C6 ACY).
Having satisfied myself that the aeeounts of the cornpany are not required to be audited ul￿er Part 16
of the 2006 Acl and are eligible lor independenl examinalion. I report in respect of my examination of
the charily's accounts as camed out under seetson 145 of the Chanties Act 2011 I'lhe 2011 Act.). In
carrying Out my examinatson I have followed the Directions given by the Charity Commission under
se¢lK)n 145(51(bl of the 2011 Act.
Independent •Xominerfs statement
I have completed my examinatKin. I confim) that no mattets have come to my attention in ¢onneclion
th the examInat￿n giving me cause to believe..
a¢¢ountr"ng records were not kepl in respect of the charity as required by SeCt￿n 386 01 the
2006 Act. or
the fInar￿￿1 ststements do not accord those records". or
the financial statements do rKt comply with the accounting requirements of section 396 of the
2¢)06 Act other than any requirement that the a¢¢ounls gtve a 'true and fairf view which is not
a matter considered as part of an independent examination" Of
the financial statements have not been prepared in ac¢ordance ￿th the methods and
principles of the Ststemenl of Recommended Praclice for accounting and reporbng by
charities applicable to chantj.es preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 102).
I have no eoncems and have come across no olher malters in Connection with the examination to which
attention should be drawn in this report in order lo enabje a proper understanding of the accounts lo be
reached.
DAVID SEELEY FCA
Chartered accountant
Accuo Accounting Limited
Chartered Accountants
Aivechurch
Birmingham
848 7JX
15J21

Summerfield Stables-Horses in the Community
Company Llmited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
30 September 2020
2020
Restricted
fvnds Totsl fund$ Total funds
2019
Unrestricted
fvnds
Income and endowments
Donations and legacies
Other trading aclivittes
Total income
51,702
54.286
SCM)
52,202
54.286
106,488
12,726
49,783
105,988
500
62.509
Expenditure
Expen¢Jiture on charitsble activtti.es
Total expenditure
100.034
2.200
102,234
102,234
60.011
100.034
2,200
60,071
Net income and net movement in funds
5.954
(1.7001
4.254
2,498
Reconclliation of funds
Total funds brought forward
Total funds caffied for4Yard
12.628
1.700
14,328
18.582
11,830
14.328
18,582
The statement of financial activities includes all gain5 and bsse$ recognised in the year.
All income and expenditure derive from conbnuing activIt￿s.
Th• not•s on p•ges 11 to 17 forni part ofthtt¢ finan¢i•l ststefflents.

Summerfield Stsbles-Horses in the Community
Company Limited by Guarantee
Statement of Financial Position
30 September 2020
2020
2019
Fixod assets
Tangible fixed assets
14
28,004
24,096
Currenl assets
Cash al bank and in hand
1.852
Cieditors: amounts falling due within one y•ar
Net current liabilities
15
10.190
11.620
9,422
18,582
18.582
9.768
Total ass¢t5 less current liabilities
14,328
Net assets
14,328
Funds of ihe charity
Restricted funds
Unrestricted funds
1,700
12,628
18.582
Total charity funds
16
18,582
14,328
For the year ending 30 September 2020 the charity was entitled to exemption from audit urmler section
477 of the Companies Act 20C6 relatsng to small companies.
Directors, responsibilib"es:
The members have not required the company to obtain an audit of its financial $tatemenls for the
year in question in accordance wth strtion 476.,
The directors acknowledge Iheir responsibilities for complwng with the requirements of the A¢t ￿th
respect lo xcounting records and the preparab'on of financ￿1 statements.
These financial slalements have been prepared in a¢cordan¢e with the provisions applicable lo
companies subject lo the small companies. regime.
These financial statements were approved by the toard of trustees and authortsed for issue on 28 June
2021, and are signed on behalf ol the boaTd by-.
Trustee
The notes on pages 11 to 17 fom) part of the¥e fin•ncial ststem•nts.
-10-

Summerfield Stables-Horses in the Community
Company Llmited by Guarantee
Notes to tho Financial Statsments
Year ended 30 September 2020
General infomiation
The charity is a private ¢ompany limited by guarantee. regislered in England and Wales and a
registered ¢harty in England and Wales_ The addres$ of the registered office is 18 Slaplehurst
Road. Hall Green. Birniingham. 828 9AS.
ststement of compllance
These financial ststements have been prepared in compliance vitth FRS 102, 'The Financial
Reporting Standard applicab￿ in the UK and the Republic of Ireland., the Statement of
Recommended Practice applicable lo charities preparing their accounts in accordance with the
Financial Reporting Stsndard applicable in the UK and Republi¢ of Ireland {FRS 1021 Ichaiities
SORP {FRS 10211 and the Chanlies Act 2011.
Accountlng poli¢le8
Basls of preparntlon
The financial slatements have been prepared on the historical cost basis.
Going concern
There are no material uncertainties about the ¢hariVs ability to continue.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102 by reason of being
small. As such, advantage has been taken of the following disclosure exemptsons available lo it..
(al No cash Ilow statement has been presented for the company.
Ib} Disclosures in respect of financial instruments have rnl been presented.
11

Summerfield Stables-Horses in the Community
Company Llmited by Guarantee
Notes to the Financial Statsments (conOnu8dJ
Year ended 30 September 2020
Accounting policies fconJnu8dJ
Judgements and key sources of estlmatlon uncertainty
The preparation of the financial statements requi￿5 management lo make judgements, estimates
and assumptions that affect the amounts reported. These estimates and judgements are
eontinually reviewed and are based on experience and other factors, ineluding expectations of
future events that are bdieved lo be reasonable under the circumstsnces.
Signrfunl jljdgements
The judgements (apart from those involving estimation5} thal management has made in the
process of applying the enlity's accounling policies and that have the most significant eflecl on the
amounts recognised in the financial statements are as follows".
there are no breaches of any regulations or legislat￿n that would impacl on the charity's ability
lo continue lo operate in its cufTenl fomiat
sufficEnl funding by way of grants or income gefteraled from aclivilies will be received lo
enable the charity lo continue to operate.
Key sources of estsmation uncertainty
Accounting estimates and assumpts.ons are m&le concerning the future and, by their nature, will
rarely equal the related actual outcome. The trustees do not believe, however, that there are any
key assumptions or other Sour￿ of esty"mation uncertainty that have a signifKanl risk of causing
a material adjustment to Ihe carrying amounts ofassets and Iiabililies within the nexl financial year.
Fund accountlng
Unrestricted funds are available for use at the dtscretion of the trustees to further any of the
charity's purposes.
Restricted fvnds are subjected to reslriclions on theirexpendilure dectsred by the donor or through
the terms of an appeal. and are generally reslricted income funds.
Incoming r￿0￿￿e$
All income is included in the statement of financial activities when entidement has passed to the
charity, il is probable that the economic benefi.ts assLxialed with the transaction will flow lo the
charity and the amount can be reliably measured_ The following specffic pol￿teS are applied lo
particular cale9ories of income..
income from donations or grants is recognised when there is evidence of entit￿Ment to the
gift, receipt is probable and its amount can be measured reliably.
income from riding a¢bvits"es is reco9ni5ed when receivable.
12-

Summerfield Stables-Horses in the Community
Company Limit￿ by Guarantee
Notes to the Financial Ststements (COtttsnu¢dJ
Year ended 30 September 2020
Accounting poli¢ie$ fcondnu8d)
Resources expended
Expenditure is recognised on an accruals b8$is as a liability 1$ incurred. Expenditure includes VAT
as this which cannot l)e fecovered. and is cLassified under headin9s of the statement of financial
aelivilies to which il rel8les-.
expenditure on raising funds includes the eosts of all fundraising aCtiv[t￿$ and events
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support eosls and ￿$ts relating to the governance of the charrty apportioned to charitable
a¢livilies.
other expenditure includes all expenditure that is neither related to (aising funds for the charity
nor part of its expenditure on charitable activities.
All costs are alk)caled to expenditure categories reflecb.ng the use of the resour￿. Direct costs
attn'bulable to a single a¢b"vity are allocated directly to that activity. Shared costs aTe apportioned
where applicable befvfftn the acts"vities they contn.bute to on a reasonable. justrfiable and
consistent basis.
Tangible asso19
All fixed assets are inilBlly recorded at cost
Depreciation
Depreciation is calculated so a5 to wnle off the cost or valuation of an asset. less its residual value,
over the usefvl eeonomic life of that asset as follows".
Stables equipment
F"￿tureS and equipment
10% straight line
200h straight line
Llmited by 9U3Tantse
The company is limited by guarantee and consequenily has no share capital.
Oonatlon$ and legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2020
Donatlon$
General donations
15,555
15.555
Grants
Grants receivable
36,147
51.702
500
36,647
500
52,202
Unrestn"¢ted
Funds
Restricted Totsl Funds
Funds
2019
Donations
General donalths
5.642
5.642
13-

Summerfield Stables-Horses in the Community
Company Limitsd by Guarantee
Notes to the Financial Statements Icon
Year ended 30 September 2020
Donations and leg¥Ci¢S f¢oftiiJ7u*IJ
Unrestricted
Funds
Restricted Total Funds
Funds
2019
Grants
Grants receivable
6.584
500
7.084
12,226
500
12,726
Olher trading activlties
Unreslricted Total Funds un￿strICted Totsl Funds
Funds
2020
Funds
2019
Fees and contributions towards
activities
54.286
$4.286
49.783
49,783
Expendlture on charltable actlvilies by fund type
Unrestricled
Funds
Reslricled Total Funds
Funds
2020
Riding tuition and activities
Support costs
88,083
11.951
2,200
90,283
11,951
102,234
100.034
2.2Crf)
Unrestricted
Funds
Restrtcted Total Funds
Funds
2019
Riding tuition and activities
Support costs
41,739
12,582
2,720
2.970
44.459
15,552
60,011
54.321
5,690
Expenditure on charttable activilies by actlvity type
Activrties
undertaken
directly
Supp)rt Totsl funds
costs
2020
Total fund
2019
RKfing tuition arKI aebvities
Govemance costs
90.283
10.631
1,320
11.951
100.914
1.320
58.691
1,320
60,011
90.283
102.234
-14-

Summerfield Stables-Horses in the Community
Company Limited by Guarantee
Notes to the Financial Statements rconthiued)
Year ended 30 September 2020
Anatysls of Support costs
Anatysts of
support costs Total 2020 Total 2019
Staff costs
Premises
General office
Govemance costs
Support costs - Other costs
3.940
3,940
7,731
1,23S
3,534
1,320
1,732
4.472
1,320
1.732
4,472
1,320
1,732
11.951
11.951
15,552
10. Net income
Net income is stated after charg1￿(Crediting).
2020
2019
Depreciation of tangible fixed assets
1,732
1,732
11. Independent examinatlon fees
2020
2019
Fees payable to the independent examiner tr.
Independent examination of the financial statements
Other financial services
480
1,320
1,320
12. Staff costs
The total staff costs and employee l￿nefits for the repthng penod are analysed as follows."
2020
2019
Wages and salaries
22,833
11,925
The average head count of employee5 during the year was 4 (2019.. 2). The average number of
full-time equivalent employees during Ihe year is analysed a5 follows:
2020
No.
2019
No.
Number of apprentices
No employee received empk)yee t￿efits of mofe than £60,000 during the year {2019.' Nill.
Key Management Pe￿Onnel
The trustees consider they are the key management personnel. They received no remuneralion in
either the current or previous years.
-15-

Summerfield Stables-Horses in the Community
Company Limitsd by Guarantee
Notes to the Financial Statements {cl￿￿nu•dJ
Year ended 30 September 2020
13. Trustee remuneration and expenses
no remuneration or other benefits from employmertt with the charity or a related ents'ty were
received by the trustees.,
no trustee expenses have been incurred.
14. TaDglble fixed assets
Land and
buildings
Plant and
machinery Equipmenl
Total
Cost
At 10ctober 2019
Additions
19,476
1,850
7.735
5,640
13,375
29,061
5.640
At 30 Septemb¢r 2020
Depreciation
Al 1 October 2019
Charge for the year
At 30 September 2020
Caffying amount
AI 30 Septèmber 2020
At 30 September 2019
19.476
1.850
34,701
185
370
4.780
1.362
4,965
1,732
6,697
555
6,142
19.476
1.295
7.233
28,004
24,096
19.476
1.665
2.955
15. Creditovs: amounts falling due within one year
2020
2019
Other creditors
10,190
11,620
16. Analysis of charitable fvnds
Unrestricted funds
At
1 October 20
19
At30
September
2020
Income ExpenditUTe
General funds
12.628
105.988
(100,0341
18.582
Restricted fvnd8
At
1 October 20
19
At30
September
2020
Income Expenditure
Awards for All
W￿ickshire College
1.700
11.7001
{5001
12,2001
500
1.700
16-

Summerfield Stables-Horses in the Community
Company Limited by Guarantee
Notes to the Financial Statements Ic4nfrftu•dJ
Year ended 30 September 2020
17. Analysls of net assets between funds
Unrestncted Totsl Funds Total Funds
Funds
2020
2019
Tangible fixed assets
Current assets
Credrtors less than 1 year
Net assets
28,004
28,004
768
(10,190)
18.582
24,096
1,852
(11,620}
14.328
(10.190)
18.582
18. Related parties
During a previous year one of the trustees, Ms G Umn, made an inieresl-free loan to the charity
of £7.500. Although the loan is repayable on demand she has confirmed that she will not seek
payment unlil the charity is in a sufficiently financially stable posit￿n to do this. During the year
she lent a further £200 bul was repaid £550. The net amount outstanding at 30 September 2019
was £7.150.
17-