East Devon Riding for the Disabled Association Group
- Treasurers Report for 2023 24
At the end of the financial year 2023-24 for East Devon (RDA) Group the accounts showed a loss of income over expenditure of £1,699.07 bringing the total assets of the Group to £11,335.78.
Income from donations were up from the previous year with generous donations from local Charitable Trusts, notably the Norman Family Trust & Viscount Amory Charitable Trust totalling £2000, (thanks to Jan for completing the sometimes complicated and time consuming application forms). These together with two private donations of £500 each plus several small donations gave a final total of £3615.27.
Fund raising increased slightly with Honiton Charter Day making £170.00 and Honiton Show £657.00 Helene and Jan add details of second-hand tack & equipment on Facebook which has brought in a few more sales. We attended two Christmas Fayres, one at Dunkeswell and one at Awliscombe raising £153.50. At the Christmas Carol Celebration Jan organised a raffle which raised £126.00. This was thanks to the very generous donations of items for the hampers from the volunteers.
Our main expense is the hire of horses for the lessons totalling £6900.00 of which some is covered by the riders’ payments (£3555.00) but obviously with more rides we have had more expense as the riders only pay a proportion of the actual cost. We continue to pay farrier fees, vet fees & flu vaccinations for Blue Jack, Seamus and May. The livery & pony expenses also include the cost of a leather saddle for Bluejack for when he is used by the stables. The donation from the Viscount Amory Charitable Trust covered the purchase of the saddle.
Other expenditure includes payments such as RDA Membership & Insurance, DBS certification for volunteers, Instructor’s travel costs, more hats for the new riders and Honiton Show fees and tickets storage of second-hand equipment.
We are still in an enviable position of having sufficient funds to run the group but each year this is reducing. As a charity it is the trustees’ task to ensure the group has at least a years expenditure available, which at present we have. To cover the costs of the stable fees approx. £3,000 is required each year plus all our other expenses so the trustees are looking for ways of increasing our income. Jan Portlock has made several requests to local charitable trusts and most have been successful. A lot of time and effort is spent going to various fayres and events with only small amounts raised. One suggestion is to organise one large event such as a coffee morning or afternoon tea but this would need a great location and open to the general public. Any suggestions from the volunteers/carers would be most welcome.
I would personally like to thank Helene, our coach, for her enthusiasm and support, but also huge thanks goes to all our wonderful volunteers at riding
sessions, at shows and events and for spreading the word to others about our group. We have again been extremely fortunate to welcome several new enthusiastic volunteers. We would not be able to operate and continue our growth without the generous time, help and support you all give.
| Balance Sheet for 2023/24 | ||||
|---|---|---|---|---|
| 2022/23 | Income | |||
| 2436.00 | Riders Contributions | 3555.00 | ||
| 1139.65 | Fundraising | 1276.40 | ||
| 2375.82 | Donations | 3615.27 | ||
| Sundries | ||||
| Interest on | ||||
| **5951.47 ** | Total | 8446.67 | ||
| Expenditure | ||||
| 4762.00 | Stable fees | 6900.00 | ||
| 460.00 | Ins/membership fee | 460.00 | ||
| 520.50 | Training | |||
| 262.90 | Equipment | |||
| 621.55 | Livery & Pony Exps | 1454.36 | ||
| 946.98 | Sundries | 671.68 | ||
| 1260.00 | Instructor fees | 659.70 | ||
| Rider refunds | ||||
| Trf to Savings account | 8000.00 | Trf to Savin | ||
| **8833.93 ** | Total | 18145.74 | ||
| Income over expenditure | -9699.07 | |||
| 12857.02 | Bank balance as at 31.03.2023 | 12857.02 | ||
| Plus income over expenditure | -9699.07 | |||
| Bank balance as at 31.03.2024 | 3157.95 | Savings acc | ||
| 56.41 | Petty cash | 78.06 | ||
| 12913.43 | Total assets | 11335.78 |
99.77 8000.00 8099.77