Charity: HERE4HORSES Charity Number: 1189709 TRUSTEES ANNUAL REPORT FOR YEAR ENDING 31[ST] DECEMBER 2021
In our first full year as a Registered Charity, we feel proud of our success thus far. We continue without any salaried staff, operating entirely with volunteers.
Despite the continued adverse effects of the pandemic, we stand in a stronger financial position at the beginning of 2022, than at the same point in 2021.
During 2021 we generated a total income of £83,678.42 and total expenditure of £71,100.41 resulting in a surplus of 12,578.01 for the year. The first few months of the year are hardest for us in terms of income generation and this sum will prove invaluable to the continuation of Here4Horses operations in the early part of 2022.
We rescued six ponies following a call for assistance from the National Equine Welfare Council and a further six horses and ponies were admitted throughout the year from individual cases, bringing the total number belonging to the charity, to 46.
Income
All of the Trustees and Committee Members, together with our fantastic supporters, have worked hard to both organise innumerable fundraising activities and identify fundraising events to attend.
There are sadly too many to mention individually, however, examples include One Adoption West Yorkshire who raised hundreds of pounds, in memory of Mandy Prout, our much loved Trustee lost to cancer and a Horse Trailer raffled by local firm, The Feed Warehouse raised a much needed £4000.00.
Local individuals, Riding Schools and Livery Yards have donated tack and rugs and with the outstanding help of local business, The Rug Fairy, (supporting us with hugely subsidised cleaning and repairs), the steady income from sales has been invaluable.
Our Sponsor numbers have continued to grow throughout the year, together with increased participation on the Loanie Pony Scheme.
The significance of grants received, cannot be overestimated – undoubtedly ensuring our solvency throughout 2021.
Here4Horses is now also registered to claim Gift Aid.
Expenditure
A stronger financial position enabled us to fund a more commercially realistic fee, for the boarding of horses and ponies in our care.
Our Chairman, Nicola Endersby MRCVS, continues to make a significant contribution to our viability by providing free vet consultations and treatment, with only medicines and tests to pay for.
The marketing and communications budget has allowed us to develop a highly professional and attractive brand, thanks to Shaun Stoker. This work has undoubtedly increased engagement with a wider audience. The story on social media, of our pony Heidi, continues to attract particularly extraordinary coverage, literally across the globe.
Various items were purchased, primarily to enhance our Trade Stand at events, which has subsequently helped promote our brand and raise our profile further.
The range of Here4Horses branded goods has been extended.
RESERVES POLICY
It was agreed at the Trustee Board meeting of November 16 2021, to set a reserves target of £10,000. This decision was based on the amount of unrestricted funds at the bank and our cash flow forecast.
Currently, fundraising is highly seasonal, however, it is hoped that with the development of our Legacy Project, this will become less so.
Income will continue to be monitored, reviewed monthly and compared with our cash flow projections. Any discrepancies will be identified promptly.
In time, the Trustees will endeavour to accumulate reserves equivalent to three months expenditure.
AGREED AT COMMITTEE MEETING DATED: 3[RD] March 2022
SIGNED BY TRUSTEES PRESENT:
Name:……………………………….........Signature.........................................CHAIRMAN Name:……………………………….........Signature.........................................TREASURER Name:……………………………….........Signature.........................................SECRETARY Name:……………………………….........Signature.........................................TRUSTEE Name:……………………………….........Signature.........................................TRUSTEE Name:……………………………….........Signature.........................................TRUSTEE Name:……………………………….........Signature......................................... TRUSTEE
HERE4HORSES ANNUAL ACCOUNTS
Charity number 1189709
| 1ST January 2021 to 31st December 2021 | 1ST January 2021 to 31st December 2021 | |
|---|---|---|
| INCOME | £ | £ |
| DONATIONS | 19563.59 | |
| GRANTS | 25000.00 | |
| GIFT AID | 4164.94 | |
| MERCHANDISE | 7036.79 | |
| HORSE RELATED INCOME | 7158.13 | |
| FUNDRAISING EVENTS | 20754.97 | |
| 83678.42 | ||
| EXPENDITURE | ||
| HORSE RELATED COSTS | 51358.67 | |
| MERCHANDISE | 6299.14 | |
| SHOW/FUNDRAISING COSTS | 3378.45 | |
| PROMOTION AND PUBLICITY | 194.58 | |
| WEBSITE, IT AND PHOTOGRAPHY | 5628.00 | |
| PRINTING AND STATIONERY | 1104.09 | |
| ADMIN AND INSURANCE | 1468.12 | |
| EQUIPMENT | 1669.36 | |
| 71100.41 |
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BANK RECONCILIATION
INCOME MINUS EXPENDITURE 83678.42-71100.41 =12578.01 SURPLUS
MONEY IN BANK AT YEAR START 1370.30
PLUS SURPLUS +12578.01
EQUALS MONEY IN BANK AT YEAR FINISH 13948.31
ACCOUNTS AGREED AT COMMITTEE MEETING DATED ………………………………………..
ACCOUNTS PRESENTED BY LINDA BLACKETT TREASURER
AGREED BY ………………………………………………… CHAIRMAN
…………………………………………………. SECRETARY
………………………………………………….. TRUSTEE
…………………………………………………… TRUSTEE
…………………………………………………… TRUSTEE
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here4horses Securing a better life for Horses and Ponies
HERE 4 HORSES {REGisfERED CHARrfY NUMBER 1189709) INDEPENDENT EXAMINER'S REPORTTO THE COMMITTEE OF HERE 4 HORSES I report on the accounts for the year ended 31st December 2021. Respectlve responslbllltles of the Committee and Independent Examlner As members of the Commlttee you a responsible for the preparation of the financial statements. You conslder that an audlt Is not requlred forthls perlod under sectlon 144{21 of the Charities Act 2011 (the 2011 Atti and that an independent examinatbon IS Deeded. It is my responsibility to: Examine the accounts under section 145 of the 2011 Act Follow the procedures laid down in the General Directionsgiven by the Charity Commlssloners In sectlon 14515llbl of the 2011 Act, and State whether partlcular matters have come to my attention. Basls of Independent Examlnerfs Statement My examination was carried out in accordance with the General Direction5 given by the Charities Commission. An examlnatlon Includes a revlew of the accountlng records kept by the charity and a compari50n of the accounts presented with those records. It also includes consideration of any unusual items or dlsclosures in the accounts, and seekin8 explanations from the Committee concernlng any such matter5. The procedu$ undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts. Independent Examlnerfs Statsrnent In connection with my examination, no matters have come to my attention.. l. Which give me reasonable cause to belleve that in any material respect the requlrements To keep accounting records in accordance with section 130 of the 2011 Act, and b. To prepare accounts which accord with those accountin8 record5 have not been met, or 2. To which, In my opinion, attention should be drawn in order to enable a proper understandin8 of the accou s to be reached. Si arker The 8yres High Wooley Farm Stanley Crook County Durham 18 March 2022 Registered Accountsnry Services Prowder. Regulated by HMRC- AMLR regtratIOn number 12767211