Charity R•glstration No. 262785 Company Regi$tratlon No. 01006107 (England and Wale$l BRITISH CONNEMARA PONY SOCIETY LIMITED REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
BRITISH CONNEMARA PONY SOCIETY LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mrs Award {Appointed 16 Novembor 20251 MS L Stokèld Miss K Wainwright Mr J S Strang Mrs B K Gibb Mrs S C Rook Miss A Summerfield IAppoinled 16 Novombèr 20251 Miss A Smith Mis E Murray Mrs K W Wobschall MsKTett (Appointed 16 November 2025) Secretary Mrs G Tillin Ch•rity number 262765 Company number 01006107 Regi$tsr•d office 24 Mount Pleasant Road Afton Hampshire United KingElom GU34 1NN Independènt èxamlner Azets Epsilon House The Square Gloucester Business Park Gloucestèr United Kingdom GL3 4AD B•nkars Nalwesl Bank PLC The Parade Minehead Somersel TA24 5ZD
BRITISH CONNEMARA PONY SOCIETY LIMITED CONTENTS Page Report of the Trustees Independent examine¢s report Slatemenl of financial activities Balancg sheet Notes to the financial statements 8-10
BRITISH CONNEMARA PONY SOCIETY LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 The Irustges, who are also thfy directors for the purposes of the Companies Act 2006, present thei¥ report and the fiThanal stslements ol thè ch8fity for Ihg yèar ènded 31st D8cemb@r 2025. Tho financial statements have been Prepared in accordance with the accounting policies sel out in the notes to the finanual statements and compty with the charity's goveming document, the Companies Act 2006 and 'A(*ounling and R6POrting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in 8¢ctsrdancè with thè Financial Rèporting Standard applicable in the UK and Republic of Ireland IFRS 1021" la5 amended for auntIng periods commèneing from 1 January 2016) Oblectlves and activities The prinapal objective5 of the society, which 15 8 fegisltrred charrty, are to preserve and improve the standard of tho connemara breed of ponies within the jurisdiction of the Society to prevent Cruelty lo horses and ponies. The trustee8 have paid du8 regard to guidance issued by the Charity Commission in eding what 8¢tivities they should undertake. A¢hievemgnts and porforniance During the year under Teview, the society has 50ughl 10 8¢hievè Its principal objectives by providing for owners and bieeders of connemara ponies a range of seNces including registrations, inspections and testing. 11 also hosts an annual breed show and publishes in the annual chronicle reports, features and artides that give cornprèhénsive coverage oflhe society's actiwties that havè promoted the connernara breed. In respect of it5 activrtie5, the society has paid regard to guidan issued by the Charty Commission in respect of its activities, the results of which are set out on page 4. Financial review Al the Balanee Sheet date, the nel assets (If the sociaty appearing on page 5 arnounted lo £238,988. In their finanryal management of the society's activrties, the trustees seek lo obl8in an adequate return from the PTovision ol services and from membership subsciiplions lo support the administrative c0515 of Ihtr soaety and to take the opportun(ties that arise for the improvement of services lo members. It is the poll¢y of the society that unrestricted funds which have not been designated fr)r a specific use should be rnainlained at a level equivalent lo twelve month's expenditure. The trustees considèrs that reserves al this level will ensure that, in the event of a significant drop in funding, they will be able to eontinue its current activities while considèration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout th8 year. The trustees have assessed the major risks lo which the society is exposed. and are sat15fied that systems arè in place lo mitigate exposure to the major risks. Structure, governan¢• •nd management The society, by virtue of ils conslilulion as a company limited by guarantee, Is governed by its article8 of association, as defined by the Cornpanie5 Act 2006. The tfustees, who are also the dir8elors lor the purpose of company law. and who served during thé year and up to the datè of signature of the financial statements were.. Miss M G Evans (Resigned 16 November 20251 MrsAWard (Appointed 16 November 20251 Mrs C D Caddy (Resigned 16 November 20251 The Hon MrsA M H8frfes (Resigned 16 November 2025) Mrs J Woods (Resigned 16 Novemb8r 2025) Ms L Slokeld Miss K Wainwright Mr J S Strang MTS B K Gibb Mrs S C Rook Mis5 A Summèffield {Appoinled 16 November 20251
BRITISH CONNEMARA PONY SOCIETY LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 Mi88ASmith Mrs E Murray Mrs K W WobschaH MsKTett Mrs D Nickson (Appoint8d 16 N¢ivoTnbar 202S) IAppolnte(116 Novembor 2025 and reslgned 4 January 20261 Responsibillty for the running of Ihe 80(xety8 activ[93 vested In thè Councjl of Mon8g&ment whlch compri8es tt)8 tnJst8&4 for tho chorltable purpytses ofthe sodety who also serve as dlrgGtors for tha purpos& of company Coun¢il members are appointsd by the members of the society to serve for an inbkn81 temi of three yeals and, $ubj8et to rè-è18don. may seThe a second consecuilve term also oflhr88 t$. Acounul member must b8 mernber of thè society and the maxlmum number of semng coun1 membern is bvdve. The rorK)rt W88 8wJrov8d by th& Board of Tru5te8s arwj Blgned on lis behalf by Mrs G Tlllln Secretsry Mlss K Walnwrlght Trustee
BRITISH CONNEMARA PONY SOCIETY LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRITISH CONNEMARA PONY SOCIETY LIMITED We report lo the Iwstaes on our examination of the finanrAal statements of British Connemara Pony Souety Limited Ith8 Company) for Ihtr year ended 31 December 2025. Respon$ibllltl8s and basi¥ of report As the charivs trustèès ol the Company land also its directors for the purposes of cornpany lawl you are responsible for the preparation of the financial slalemènts in accordance with the requirements of the Companies A¢t 200e lthe 2006 Act). Having satisfied Oufsefves that the financial statements of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, we report in respect of our examination of the Company's financial statements carried out unde¥ section 145 of thè Charrties Act 2011 Ith8 2011 Act). In carrying out our ex8mination we have followed all the applicable Directions given by the Chartty Commission under section 145151{bl of the 2011 Act. Indepond•nt examiner's stat•ment We have cornpleted our èxamination. We confimi that no matters have ¢ome to our attenti¢)n in connection with the examination giving us cause lo believe that in any material respect.. accounting records were not kept in respect of the cornpany as qUired by section 386 of the 2008 Act., or the financial statements do not accord with those records., or the financial slalemenls do not comply with Ihts accounting requirements of section 396 of thè 2006 Act other than any requirement that the accounts gNe a truè and fair view which is not a maller considèred as part of an independent examination.. or the finanaal 51atemenls have not been prepared in accordance with the methods and principles of th statement of Recommended Practice for accounting and reporting by charilie5 lappli¢able to charities preparing their accounts in accordance with the Flnaneial Reporting Standard applicable in th8 UK and Republic of Iieland IFRS 1021.1 We have no eoncems 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 finanaal statements to be reached. Epsilon House The Square Gloucester Business Park Gloucester GL3 4AD United Kingdom Dated..
BRITISH CONNEMARA PONY SOCIETY LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestricted R¢$trf¢t•d tunds funds 2025 2025 Total Unrestricted funds 2024 Restricted funds 2024 Total 2025 2024 Notss In¢om• and endovfflients from: Society income Investments Other income 46,996 5,821 46,996 5,621 53.130 7,871 2.eOO 53.130 7,871 2.600 Total Income 52,617 52,617 63,601 63,60t Ex en Charitable actiwlies 58,919 58.919 57,597 57,597 16,302) 16,3Q21 6,004 6,004 Ntsl Gainslllossesl on invèstments 18,470 18,470 {2,881} (2,8811 Not income for th• y8arl Net movem*nt In funds 12,168 12,168 3.123 3.123 Fund balances al 1 January 2025 215,962 10,856 226,818 212,839 10,8S6 223,695 Fund balance$ at 31 Dtr¢•mbar 2025 228,130 10,856 238,986 215,962 10,856 226,818 The statement of financial adilIeS includes all gains and losses recognised in the year. All income and expenditure derive from Continuing actiwlies. The slalemenl of financial activities also complies with the requirements for an income and exptrnditure account under the Companies Ad 2006.
BRITISH CONNEMARA PONY SOCIETY LIMITED BALANCE SHEET ASAT31 DECEMBER 2025 2025 2024 Flxed a•ts Invastmgnts 154,353 135,883 Current a88•ts Debtors and pr8pBym8nts C8sh At bank arhd In hand 10 3.133 95,254 2.098 99.740 98.387 101,838 Crndltors: amounts fallkng duo wlthln on• yoar 11 113.7541 (lo.)3) Net current assets 84.633 90,935 Totsl Sets kns curr•nt Il•bllltlds 238.986 226,818 In¢omo funds Restricted funds Unreslrfcted funds 13 10,856 228,131) 10,856 215.962 238,986 226.818 The (x)mpany is onlilled to th$ exemplion from the audlt requlr8ment contslnwj In sectlon 477 of thg Compantos Act 2006. for the ygar onded 31 Dgcemb9r 2025. The dirgctors ad(nowladge their reswsibilrffi&s for complyTng with th6 requiremènts of the Companies Ad 2006 ih T85P&Ct to accounting r8LY)rds and the prep8r8lkJn of flnanciBI statemgnts. The mombers ha not required the comp8ny to obtsin an audit of Its financk81 statemontg for the year in qu0sUon in accordance wlth section 476. Thes& flnanci81 statements have been prepared In aeLoTdanco wlth Ihe provlslons #pIcable lo companlès sublect to the small companies regim& The financlal statements wor& approved by th& Trustegs Cm . Miss K WaSnwrf9ht Trustee Conwiny Règlstratlon Ilo. 01006107
BRITISH CONNEMARA PONY SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Ac¢ounting policies Charity inforniatlon British Connemara Pony Society Limited is a privatè company limited by guarantea incorporated in England and Wales. The registered office is 24 Mount Pleasant Road. Alton, Hampshire. GU34 1 NN, United Kingdom. 1.1 Accounting conventlon The financial slalemenls have been prepared in aeeordan¢e with the Companies Acl 2006 and °Accounling and Reporting by Charities.. Statement of Recomm6ndèd Practice applicable to charities prèpartng their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic Of Ireland IFRS 1021. las amended for accounting periods commencing from 1 January 20161. Tho is a Public Benefit Entity as defined by FRS 102. The society has taken advantage of the provisions in the SORP for Charities applying FRS 102 Update Bulletin 1 not to prèpar8 8 Stslemenl of Cash Flows. The financial statements are prepared in sterling. which is the functional Currency of the soaety. Monetsry amounts in these finanaal statements are iounded to the nearest £. The financial slalements have beèn prepared under the historical cost convention. The principal a¢counling policies adopted are set out below. 1.2 Going concern Al the lime of approving the financial stat&ments. the soryety has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue lo adopt the going concern basis of accounting in preparing the financial statemènts. 1.3 Charitable funds Unrestricted funds are avallable for use al the discretion of the trustees in furtherancè of their charitable objectives. Restricted funds ar9 svbje¢t lo specific conditions by donors as lo how they may be used. The purposes and uses of the restricted fund$ are sel out in the notes lo the financial statements. 1A Incom8 All income is recognised in the Statement of Finanetal activities once the souety has entitlement to the funds, that it is probable that the income will be recanied and thè amount can be rnea5ured reliably. 1.5 Tangible flxed assets Tangibl& fixèd asse15 are initialty measured at cost and subsequently moasurad al cost or valuation, nel of depreciation and any impairment losses. All fixed assets have been fully depreciated. Trophie5 Cornpulers Straight Ilne basis over 5 years Straight line basis over 3 yèars 1.6 Fixed o¥$et Inve$tments Fixèd assèt invèstments are inbtsally measured at transaction price excluding transactton ¢osl$, and are subsequèntly measured * fair value al ea(* reporting dale. Changes in fair value ar6 rewgnised in nel ineomèll8xpènditurel for the year. Transaction c0515 are expensed as incurred.
BRITISH CONNEMARA PONY SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 A¢¢ounling poli¢ie$ {Continued) 1.7 Taxation The charity is exempl fro corF)Ofalion tsx on its charitable actiwlies. Crftical accountlng estlmates and ludg•m•nts In the application of the society's accounting poliaes, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from othèr sources. The estimates and associated assumptions are based on historical experience and other factors that are considered lo be relevant. Actual results may drfler from these estimates. The estimates and undertying assumpt'on$ aro reviewèd on an ongoing basis. Revisions lo a¢¢ounling estimates are recognised in the pèriod in which the estimate is revised where th¢ rewsion affects only that period, or in the pèriod of the revision and future periods Whe the revision affects both ¢urTent and future periods. Soclèty Income Unrestrlctsd Unrestricted funds funds 2025 2024 Mèmbership subscriptions Members services and events 22,553 24,443 23,337 29,793 46,9 53,130 Investments Unrostrlct•d Unrestricted funds funds 2025 2024 Inve$tm&nt income Interest receDiable 4,621 1,000 8,699 1,172 5,621 7,871 Other Incom• Total Unrestricted nds 2025 2024 Legacies 2.600
BRITISH CONNEMARA PONY SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Trust None of the trustees lor any persons connected with them) received any remuneration or benefrts from the during the year. Employ••s The average monthly number of employees during the year was.. 2035 Numb•r 2024 Number Employment costs 2025 2024 Wages and salaries 33,077 31,950 There were no employges whose annual remuneration was mre than £80,000. Net Ilossesllgains on inve8tments Unrestricted Unro$trietsd funds funds 2025 2024 Nèt Gainslllossesl on revaluation of inwstments 18,470 12,8811
BRITISH CONNEMARA PONY SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Flxod asset investments LIBted Investments Co$t or valuatlon At 1 January 2025 & 31 December 2025 Additions Valuation changes 135,883 18,470 Net book valuè Al 31 December 2025 154,353 At 31 December 2024 135,883 10 Debtors 202S 2024 Arnounts falllng du8 within one year: other debtors Prepayments and accrued income 41Q 2,723 595 1,503 3,133 2,098 11 Creditors: amounts falling due within one y•ar 2025 2024 Notes Other laxalion and social security Deferred income Other creditors Accruals 3,031 4,704 4,369 1,650 2,462 4,125 2,741 1.575 12 13,754 10,903 12 D•forr8d Income 2025 2024 Arising from Membership fee5 4.704 4,125
BRITISH CONNEMARA PONY SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2025 13 Restrictsd funds The income funds of the L*arity include restricted funds comprising the following unexpended balances of donation5 and gran15 held on trust for spec4fic purposes.. Movement In funds Incomlng Balance at r•sour¢ots1 January 2025 Movement Sn funds Incomlng r88our¢•s Balanco at l Jarbuary 2024 Balance 8t 31 Dtctmbèr 2025 Restricted Fund 10,856 10,856 10,856 14 Related party tran$a¢tlons There were no disclosable related party transactions during tho yèar12025- none). 15 Ultimate Controlling Party The society, being a Company limited by guarantee without shares, does not hav& an uttbmata controlling party. 10-
BRITISH CONNEMARA PONY SOCIETY LIMITED DETAILED STATEMENT OF FINANCIAL ACTIVITES FOR THE YEAR EAIDED 31 DECEMBER 2025 INCOME AND ENDOWMENTS 31.12.25 31.12.24 Soclety Income Membetship 5ubscripbons Members services and events 22,553 24.443 23,337 29.793 46.9 53,130 Investment Income Bank and building so¢Ety interest received Investment Income 1,000 4.621 1,172 6,699 5,621 7.871 Othèr Ineom• Legècle5 2.600 2.600 Total Incomlng ra$ourcg$ 52,617 63,601 EXPENDITURE S8uel8ry Salary Insurance Telephone Printing and slationery Postagè CompLrter suppli88 Website Storagè fac111t$ Bank tharges A¢¢ounlancy ch8Tge8 Legal and professional fees Affiliation payments Miscellaneous expenses 33.Q77 4,464 2,491 3,265 3.694 3,696 31,950 3,609 1,986 3,345 4,818 3,678 2.421 1,245 2.150 1,352 2,010 1.359 1.059 545 2,920 Total r8#ources •xpènd•d 58.919 57,597 Net IExpendltur•l I Incom• 16,3021 6,004 Other Adlutytments: UnrEalised galn I Ilossl on change In fair value of investrnenls 18,470 12,8811 Net Incom• I IExp•ndltur•l lor the year 12,168 3,123 This page does not fomi part of the statutory flnanclal ststements
BRITISH CONNEMARA PONY SOCIETY LIMITED APPENDIX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025 BREAKDOWN OF INCOME SOURCES 2025 Net Income 2024 Net Income In¢ome Expenditure Membershlp SubscrlptFons Membership 22,553 22.553 23,337 M•mbèr Sorvlces and Events Donations 22 $48 80 41,925 259 200 Club Registrations, Transfers and Passport Prefix Regi8trats'on Shows.'- Breed Show Northern Show General Show Affiliations PerfOrrnan Day Eventing Serles linc sponsorship) COK InSpeCtn Filly Inspection Promotional Goods l Merehandise stud Book Chronide Member Meetings DNA I HWSD Testing Performan Awdrd5 Promotional Adverhsing other 86 37,434 16721 14231 36.762 62 13,101 117,6781 14.5771 15.8661 131 431 12,1541 11.2421 343 2,432 1771 35 16.9161 11,5271 476 476 11,3581 14,2111 11,0681 11,3581 13581 2,387 3.854 3,454 20 4.831 2,017 11,033 643 74 11851 110,6991 15,2871 110.5631 19471 11651 16,0681 13,2701 470 13051 74 13111 758 15541 204 769 78,088 153.6441 24,443 29,793 This page does not form part of the statutory finanGial statements