Roleystone Horse and Pony Sanctuary
Charity number 1198065
Annual Report and Financial Statements
for the year ended 31 March 2024
Roleystone Horse and Pony Sanctuary
Annual Report and Financial Statements for the year ended 31 March 2024
| Contents | Page |
|---|---|
| Trustees' report | 2 to 3 |
| Examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the accounts | 7 to 8 |
Prepared by West Yorkshire Community Accountancy Service CIO
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Roleystone Horse and Pony Sanctuary
Trustees' report for the year ended 31 March 2024
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position
Philippa Long Diane Coulton Gillian Greenwood
Chair
Charity number
1198065
Registered in England and Wales
Registered and principal address Bankers Roleystone Horse and Pony Sanctuary Virgin Money Barclays Westfield Lane 177 Bothwell Street 1 Churchill Place Shipley Glasgow London BD18 1LJ G2 7ER E14 5HP
Independent examiner
Katy Sargeant ACA
West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is a Charitable Incorporated Organisation (CIO) foundation formed on 25 February 2022 and is governed by a constitution.
The CIO existed alongside the previous charity of the same name during the previous financial year. The CIO has the same objects as the old charity and in light of this the trustees had agreed to transfer the old charity's net assets to the new CIO on 1 April 2023 and to manage the closure of the old charity. This set of accounts has therefore been prepared on the basis that a merger of the 2 organisations has taken place.
Method of recruitment and appointment of trustees
The trustees of the charity are appointed by the trustees at a duly convened meeting.
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Roleystone Horse and Pony Sanctuary Trustees' report (continued) for the year ended 31 March 2024
Objectives and activities
The charity's objects
To promote humane behaviour towards equines by providing appropriate care, protection, treatment and security for equines which are in need of care and attention by reasoning of sickness, maltreatment, poor circumstances or ill usage and to educate the public in matters pertaining to equine welfare in general and the prevention of cruelty and suffering among equines.
The charity's main activities
Promote humane behaviour towards Equines by providing appropriate care, protection and security and to rehome equines where appropriate. We also provide school and work placements for educational needs.
Public benefit statement
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular animal welfare.
Achievements and performance
We had many plans for the land owned by the sanctuary. Putting down a track so the horses would have access to outside space in the winter and also building another field shelter in the back field, but unfortunately, the bad weather caught up with us and we were not able to access the land with machinery, so this has been put on hold. We have plans to do this in summer of 2024.
Our volunteers work to the best of their ability to keep the sanctuary running smoothly and giving the horses the best quality of life. Great care is taken when dealing with the elderly horses and ponies in our care, they are all on the correct medication and administered on a daily basis.
Financial review
The net income for the year was £19,728, all of which was unrestricted in nature.
Reserves policy
The charity's free reserves, excluding fixed assets, at the year end were £146,173.
The charity does not have a formal reserves policy, however we are retaining and building funds in order to purchase more land if the opportunity arises. The land which the stables stands on is rented on a year by year basis and we are hoping that if this land ever comes up for sale we will have enough funds to purchase it.
Approved by the board of trustees on 8/10/2024
Gillian Greenwood (Trustee)
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Roleystone Horse and Pony Sanctuary
Independent examiner's report to the trustees of Roleystone Horse and Pony Sanctuary
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 March 2024, which are set out on pages 5 to 8.
Responsibilities and basis of report
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the CIO's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; 2 the accounts do not accord with those records; or
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3 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Katy Sargeant ACA
11/10/2024
West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
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Roleystone Horse and Pony Sanctuary
Statement of Financial Activities
(including summary income and expenditure account) for the year ended 31 March 2024
| Income from: Donations and legacies Bank interest Other income Total income Expenditure on: Rental of fields Bedding, feed and hay Veterinary expenses and supplies Farrier costs Farm equipment Insurance Repairs and maintenance Telephone Utilities Activities and event expenses Independent examination Bank charges Sundries Computers and IT Horse rehabilitation and transport Crematorium costs Depreciation Total expenditure Net income / (expenditure) Fund balances brought forward Fund balances carried forward |
2024 Total funds £ 58,422 1,458 1,288 61,168 1,140 16,341 12,062 1,250 - 1,092 2,384 114 1,866 1,236 792 35 170 70 75 200 2,613 41,440 19,728 217,954 237,682 |
2023 Total funds £ 35,178 231 3,197 38,606 1,970 15,399 11,970 1,710 145 1,118 2,892 53 1,047 956 1,134 21 480 494 1,764 560 2,213 43,926 (5,320) 223,274 217,954 |
|---|---|---|
All incoming resources and resources expended derive from continuing activities.
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Roleystone Horse and Pony Sanctuary
Balance sheet
| as at 31 March 2024 Fixed assets Tangible assets (2) Total fixed assets Current assets Cash at bank and in hand (3) Total current assets Current liabilities: amounts falling due within one year Accruals Total current liabilities Net current assets / (liabilities) Net assets Funds Unrestricted funds Total funds |
2024 Total £ 91,509 91,509 146,965 146,965 792 792 146,173 237,682 237,682 237,682 |
2023 Total £ 90,122 90,122 128,966 128,966 1,134 1,134 127,832 217,954 217,954 217,954 |
|---|---|---|
The financial statements were approved by the board of trustees on 8/10/2024
Gillian Greenwood (Trustee)
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Roleystone Horse and Pony Sanctuary
Notes to the accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
Going concern
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
Incoming resources
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
Grants and donations
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Tangible fixed assets
Tangible fixed assets costing more than £1,000 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows:
Freehold land: nil Fixtures and fittings: over 10 years Motor vehicles: over 4 years
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
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Roleystone Horse and Pony Sanctuary
Notes to the accounts continued
for the year ended 31 March 2024
| 2 **3 ** |
Tangible assets Cost At 1 April 2023 Additions At 31 March 2024 Depreciation At 1 April 2023 Charge for year At 31 March 2024 Net book value At 31 March 2024 At 31 March 2023 Cash at bank and in hand Cash at bank Cash in hand |
- 4,000 4,000 - 400 400 3,600 - Fixtures and fittings |
£ 8,850 - 8,850 2,213 2,213 4,426 4,424 6,637 Motor vehicles |
£ 83,485 - 83,485 - - - 83,485 83,485 2024 £ 146,476 489 146,965 Freehold Land |
Total £ 92,335 4,000 96,335 2,213 2,613 4,826 91,509 90,122 2023 £ 128,689 277 128,966 |
|---|---|---|---|---|---|
4 Related party transactions
Trustee expenses
No trustee received any expenses during this year or the previous year.
Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
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