REGISTERED CHARITY NUMBER: 1177325
North Comwall Rldln
orntln
for the Dl8abl¢d
Carrfa
e Drfvln
Flnanclal sta￿m￿ts for tho Year Endgd 31st Ju
2025

.lL:.
DIM
TIK• Trus* pre8Wrtthe* repth1with th8ffinaTrial 8t418m￿ ofty* th• 31$t 2W25. The TDJ5te8s
of IrdaTrJ IFRS 1021 {effKtNg March 20181
The CIO iThto 4 N￿rnt￿r20lg. t*ivJ o¥*fth• Crnll Grwp R•JiYJ fNth•
Dwbl•d Asso(lakn lrtgist•r•d tharity Nmter. 10742011.
Chwity NTh.'
Chwlty NuTrthr.
1177325
L8gal Fom)..
M•rk Cun* {C*aw)
L•3 Plicks IS•)
J* Furbgr
*thr•ss ofthe Charitr.
PL15 7ED

Nrffth C
Objocts oflh• ¢1
in Il* North CorThAI area with lh8 rfwbJi** to Ix1• fortrn oftsiw h8aMh•J w￿￿1[￿J.
P￿ncIPal Puw•r• olth• Tnwt•
Th8 Tnjstees owrse• the tha￿al by Chwty Incom• w•J •41•r¢Jby•. Furth*M￿ Iho T￿￿￿£8
ApprAo)tm•rt olTrust•
The d)arity •thn411$twed by its Tntskos. TAtslees we ithii* aNKirt•d at Genernl MeetiryJ. but can b8 CWt8d
during thg ygar.
Flnanclal RBvl•* of tho Porlod
Th• Stat•m&nt OfFInand￿ Actknl*s fu Ih•J*ar a doltit c1£4YJ12024". deficaofE7.107I. Tctsi rnSOUfCèS hav8
riwb year du8 to an increased arnoun1ofth)r*tbjr￿ has not cob*red the resowcos expended wth
Irrna8•s In th$84e arKI liw. Profit on re¥*8 to tr* suw knm th• of￿￿•. At th• y•ar•ThJ
retained total*d £70.C65. oft*hth £54.838 i% l*WJ as rnsir*ied lurpts.
Net Irk>yT* totslw £3.￿. £823 was Ihrw 1tyJ CW latsr ¢))stsl arnl £768 was recepKd
thfough Chrtha% Evonl8.
R•MbVM Poll¢y
Th• Charitys ￿)1￿￿& lo t￿1￿j sJnrnstriclwa to a *) lJw• *• r•seNes ￿ pro¥id• fintA*ial
bility aTrJ s80Jrity to kn urtsycl8d V4vts. We bj sthF•xntlm res8r¥85 01£20,0))￿l[yJ ewwnt to 12
months running costs.
As at 3181 Juty 2025. the fjarlty h•J avaflablg unreslrkknJ of£15.227 I￿24. £1 t.￿1) •1obl• ug
continue for approxmately 9 mnlhswlh irKorrE.
Majw
The Trustees have a duty to kJentityar*J revw th tsks towtw* ch•1ty Is aNJ to ￿$￿e$pPr(vl8tè eontrd5
are in plac8 lo prnwd8 reasonab￿a5￿ran￿ ￿ainst tra￿1 ￿ error.
The m8p)r iisks tOV4Nch the tharity Is expos&l as tsTnts*8s to be revitr**d syBths Iwe te8n
estthi$hed tg mtyate thos6 rth.
Thh year the grow poit1)atgJ at the rwal qu*rs al EmxVal* firnt kn IApThl 29th). W• l￿d fow
riders tthe part kn this actmty qUal￿1n9 fN Ihe RDA Nation* d)ampwMships. althis eventwe h&J fivtr ￿er8 tskir¥J
On the 20th May Reg1￿81 dress8￿ wa￿￿8th￿re hebj a¢ L*ef*bJ a9akn. ¥Aih t*Jers ouafyiNJ for
ional charnphxthip5 Mi dr855agt.
In Juty woup att•nd•d th• RDA National Champityisly. SUWrt¥￿ 16 ridets frerfn thè grow> to cffjiele ￿ a rnjx of
dressage, 3lwjurn￿Tr3. CoUntrys￿e tha1￿. slhyhiTrJ. care krhyAl*SJe besl turred oul dasses. Al rKle
Thro￿ahout thè yèarlhè g¥¢)up has corttin￿d 10 Iwol•ssly rasa luthts. Onc* again hav8 njn guozas, bmigo nhyits, voluni••rs
have walked lh8 8Odrn￿ Ten Tors. We a180 ran ourJohnny 8¥en1￿ orts •3ain whbth was rwular.
Thk% year** have also laken ihe med)anKal Ime. Ekn*e, to b) I￿ rais• b)th fund$ &varen855
local area ofwhal do. We 8ttefid￿ Camelford arhj A51Makn Shc*AT.

tJpwal￿n.
Charity arhj *thich •nabk thwn to ensurn thai the fnanii¥ pc*￿1￿￿1 Ihe sla*r￿ts With the Choritw 2011 and tha
Chaths lknnts aThJ Rwrtsl Rewabonj. the prniism (*lhe TMt d¢*t Tlw aFg aLs0 r8SF*xth￿ fw sats2uard

North Co
oel#llon Irbe
Atl
• Drmn
Balanc• Slw•t u at 31
2025
2024
Flxod Ag$St•
Eqwpment
Improvements
41726
46.930
9.255
Cwr•ntA•••¢•
Cash al Bank Cutt*)t Ac4Xdmt
Dewsit Accourt
Cash
2.511
11,6
19.715
Total AM•ts
70.IJ65
70,488
Th• fund• oltho Ch•rfty.
Resth(led Fund
Unw¢(thd Fund
54.838
58.497
227 11.991
TOTAL FUTr
AFFro￿d by the Board ofTruskes cffi......
d sly￿j Ilw b8halby.
Mr M Cunlilfo
Chairman aTrJ Twstee

31st J
2024
Total
fund
nd
Donations
Grants Recelved
Fund RaislrKJ
S* of Merchandise
Riding Events
lrteresl Recelved
dry Income
20336
8,379
4.900
7.698
16
4.209
126
62
4.96S
4.965
111
Totsl IncomlThJ R•wur
,720
2S.3
of
en
FurKlraisin9 expen8e$
1,385
1.669
Not knNmlng re8owcM forGh•rhab
27.151
Rides
Purchase of Mwchandiso
Equipment and Tack
Veterinary Expenses
Dressage CompeiknJi$
Liv&y
SLmdri08
Repairs
Depreciallon
Insurance
1,730
187
187
SS9
2.326
3.710
8.042
1A89
4,187
3,420
1,008
6,741
713
1,005
9.659 11rn
1.096
1,883
2J26
3,710
9,659
9.6S9
27.674
31.112
N¢t (oul9okngWwKomry resoLrce5
13.6S91
(423)
(T,1071
Bal￿¢t broLtht fryw¥d
11,991
58A97
70.488
77.595
15.227
S4,838
70,085
70.488

C•rrfa
1 Accounllng
a•1• olA¢¢ountl
Tlw fthart¥l stalemants ol lh8 CK). Is a t￿ra wthr FRS I￿. t*en wepared in
Y￿h the Ch•riiEs SORP IFRS 1021 ¥¥J Ch*1t*s stal￿ent ol RXC¢Nn￿dod Pr8cOc¥
8Fplkab* to c￿￿eS kKepgring I￿r armmts FiwKial staThja￿ appr￿abb& In th¢ UK
aThl of I￿￿nd IFRS 1021 leff8ca¥Y Math 20181.. lir2 Tr FinJnri•i
StsTrJ8r¢l •p￿￿Ab* in Re￿ ¢1 thè Act 2011 The fina￿631 sl818rnenls t48n
I￿0￿￿￿9 R•Bourc
Donallon• •nd i•g•cI••
Grnnts
•rty perfc*mance reL8knJ cor**lons are sallsfA
*¢¢OWlng
a￿ a￿￿t I￿ sperikfvn1.
co￿•r•
FIMd AM•t Pollcy
Pknl ktrthinery
lfflpro%*rnwls
A(klitirrfo from artd (t M the poky to only capitalme
8S5ets that have cost ¢)¥er£250. Tarvjibkn •5s¢ts st*•J at co81 *s8 ¥xJJffpJLqted tJ8wedation.
2 Flx•l A•••i•
Co8t
As #t 1$tAuuMrft 2024
17.W4
85.294
6.087
13,0001
6.087
(3,rthi
As at 31st J￿Y 2W25
r•¢laUon
A5 al IstAw5t 21Y24
Charge fortre [￿¢¢j
IMw)a￿j on ¢S8PJ8
6.337
20.772
8.979
11ts881
29.109
11.347
11.6881
A5 8131sl J￿Y 2025
N•1 Book Valu•
ai 31siw 2025
887 41728 ￿613
9.255
46.9
56.185
ai 31siw 21Y24

4 Ilthlno:
1rJ) Chjb
475
641
727
Qwz M4Ns
10Tors
323
1,116
Jrthrffjy
ON*
1,248
15
104
104
13
C8nMI be quanlW.
49,813
15227
20.452
56.fJ5
2.312
4•7

North c
g RwtrlGt•d fwd
11.377)
(7461
1.828
761
(hAdoLY bb)
1lJ)8n
513
11.312)
(7,306}
44.4>)
37.042
1613)
61
4.267
5.326
12
2018 and is released Ilwhlwerlat*￿ rew88wtsthe Spe￿ of£461 £8S TwwrL4 4vaqabkn lor
uy*ndty frtyn lu￿.
The ch8rying K48lftym IPJWJ rpA2ds ¢kn*byLS arwl toknstO • th*¥JivJ pwym dis•t4gd to19ts.
Pith8rf Hdl8nds has Ih88efuThJs lo be kir a meth•Thcal ho¥l. therefr¥e ei.u87 olllW fvr¥J$ h#V0 bt•n
Ir•nskn*)J lOlt* Me¢hon*al Fkqst *as pw(ha8•J ￿ lh8 J*W.
The horse luThJ repre5ert5 a grarrt recei￿1 forthe ar¥1 Dfa hm. LWr¥J Ihys¢ w•$ sdd
fr*£4,OC￿ so t￿$ has been rebJm8d to ￿ Imd. Sp8TrJNvJ of£1.312 repre5erts th? removal of the not bool( of th•
ol¥rt*h L% bery r*¥s•Y from ltr* resirtied fund tt*rAth depretsaiorn Adth￿TraI spending. £1,188 has 8180
been dedurthj Ircm IN8 reweserts a rew rrK)mtiry the merharMEal horse. A baknce ofE36,940 01
knj * held *itIMnf￿Bd a￿ts. a td•K* 01£102*lx* rerrI￿5 availat4B forapwhlirwj.
dwkvj the year80 Ihg balance remakns at £268.
the h)k%L the cost oftAt*h L8 rw bwTrJ frrm Ilk• I￿￿Jh d•ptKi•kn.

ol Unaudltsd FI￿nCIal Sts
I rpporton the ￿OUnts tsf1￿ Tn￿) *>rthe 31st 2025.
Ro•p•Gthv re#pon•lbllftl•• of Iru•t•M •nd•xaThk
that an is not re(w**J ftrfts seKAKffi 14412) of Chwi* Ad2011 {the 2011 AGII #nd
tt 15 my re8pC￿lbIIfy to."
to follcth LaNJ th?gwal Direthis gfvtn by the Ch•ity
Commi5sK)n UnderSed*￿ 145(SKbl oltha 2011 *4 a￿j
ex￿inall￿ Ind￿1￿ • ofthe ac(LJuntirg reDyd5 Wt by thè d￿nty a corrywrvson ofthe
a￿Unts prnseniod *ith those reo)rd5. 11 •tso o)nsthAion ofany urrtBual items or d*dosu
in Ihe acixjunts, aryj 3eekirwJ e4)l¥th"ons from the tr￿tee5 any suth matt•rs. The wocajures
Undert$￿1 th Mt proYA40 all tho evblence that ￿VkI btr wuir•J In an and congewtty no qjinion
$8t in the ststw*nt t•kAt.
Ind•p•nd•nt •xaMlnrf• sts1gThnt
In corngctiw 7Aryth my8xarwal•)n, no h88 ctswlimy *nlh)n
t• keep aCC￿li[¥j r?￿r￿¥ in •xordwth se(a*)n 130 ofthe 2011 Art and
accryjnting olth• 2011 Ad ncrt t*en met r
to thh. In ffly ownion, Sh￿by b• dr••m in ord8r vrdwstsnding ofthe
ATC AdNisors
Unlt 2, Duthw•d C￿rt
Penny91￿rn W•y
Comwal PL15 9DP