| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Report ofthe Trustees | 2 | to | 4 |
| Independent Examiner's Report |
|||
| Statement of Financial Activities | |||
| Balance Sheet | 7 | to | 8 |
| Notes to the Financial Statements | 9 | to | 17 |
| Detailed Statement ofFinancial Activities | 18 | to | 19 |
| TRUSTEES | V Long | |||||
|---|---|---|---|---|---|---|
| D Lombardi | (resigned 25.1.22) | |||||
| H Bryant | ||||||
| T Plummer | ||||||
| K E Leahy | ||||||
| N J Walker | (resigned 22.9.21) | |||||
| G Edwards | (resigned 4.2.21) | |||||
| J Allan-Jones | (appointed | 8.3.21) | ||||
| D K Wright | (appointed | 22.9.21) | ||||
| LWest (appointed | 7.2.22) | |||||
| COMPANY SECRETARY | JAllan-Jones | |||||
| REGISTERED OFFICE | The Avon Centre | |||||
| Kings Weston Road | ||||||
| Henbury | ||||||
| Bnstol | ||||||
| City of Bristol | ||||||
| 85107QT | ||||||
| REGISTERED COMPANY | NUMBER | 01534625 (England | and | Wales) | ||
| REGISTERED CHARITY NUMBER | 281648 | |||||
| INDEPENDENT | EXAMINER | Dunkley's | ||||
| Woodlands | Grange | |||||
| Woodlands | Lane | |||||
| Bradley Stoke | ||||||
| Bristol | ||||||
| 8532 4JY |
| 30.6.21 | 30.6.20 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Tata I |
Tata I |
||||
| funds | funds | funds | funds | ||||
| Notes | 6 | 6 | E | 6 | |||
| INCOME AND | ENDOWMENTS | FROM | |||||
| Donations and |
legaaes | 160,421 | 160,421 | 148,652 | |||
| Charitable activities |
|||||||
| The operation | ofthe Avon Riding Centre for the | ||||||
| Disabled | 20,677 | 20,677 | 92,048 | ||||
| Other trading | activities | 44,926 | 44,926 | 119,389 | |||
| Investment income |
36 | 36 | 11 | ||||
| Total | 226,060 | 226,060 | 360,100 | ||||
| EXPENDITURE | ON | ||||||
| Raising funds | 1,133 | 1,133 | 4,263 | ||||
| Charitable activities |
|||||||
| The operation | ofthe Avon Riding Centre for the | ||||||
| Disabled | 242,660 | 242,660 | 346,691 | ||||
| Total | 243,793 | 243,793 | 350,954 | ||||
| NET INCOME/(EXPENDITURE) | (17,733) | (17,733) | 9,146 | ||||
| Transfers between funds |
17 | 8,678 | (8,678) | ||||
| Net movement | in funds | (9,055) | (8,678) | (17,733) | 9,146 | ||
| RECONCILIATION OF FUNDS |
|||||||
| Total funds brought forward | 559,499 | 8,678 | 568,177 | 559,031 | |||
| TOTAL FUNDS | CARRIED FORWARD | 550,444 | 550,444 | 568,177 |
| 30.6.21 | 30.6.20 | ||
|---|---|---|---|
| Notes | E | E | |
| FIXED ASSETS | |||
| Tangible assets | 9 | 582,857 | 591,627 |
| Investments | 10 | 100 | 100 |
| 582,957 | 591,727 | ||
| CURRENT ASSETS | |||
| Debtors | 28,979 | 17,517 | |
| Cash at bank and in hand | 60,280 | 74,473 | |
| 89,259 | 91,990 | ||
| CREDITORS | |||
| Amounts falling due within one year |
12 | (35,648) | (26,659) |
| NET CURRENT ASSETS | 53,611 | 65,331 | |
| TOTAL ASSETS LESS CURRENT LIABIUTIES | 636,568 | 657,058 | |
| CREDITORS | |||
| Amounts falling due after more than one year |
13 | (86,124) | (88,881) |
| NET ASSETS | 550,444 | 568,177 | |
| FUNDS | 17 | ||
| Unrestricted funds |
550,444 | 559,499 | |
| Restricted funds | 8,678 | ||
| TOTAL FUNDS | 550,444 | 568,177 |
| Freehold property | (land only) | - not provided |
|---|---|---|
| Improvements to |
property | -at various rates on cost |
| Plant and machinery | - 15SLon cost | |
| Horses | -2096on cost | |
| Motor vehicles | -20N on cost |
| DONATIONS AND LEGACIES |
||||
|---|---|---|---|---|
| 30.6.21 | 30.6.20 | |||
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| 6 | 6 | E | f | |
| General donations | 69,616 | 69,616 | 89,617 | |
| Grants | 84,805 | 84,805 | 52,075 | |
| I-lorse sponsorship | 6,000 | 6,000 | 6,960 | |
| 160,421 | 160,421 | 148,652 |
| 30.6.21 | 30.6.20 | |||||||
|---|---|---|---|---|---|---|---|---|
| E | 6 | |||||||
| Lottery Fund | 10,000 | |||||||
| Riding for the Disabled Association | (RDA) | 6,000 | 8,815 | |||||
| Coronavirus Job Retention |
Scheme | 49,700 | 33,260 | |||||
| Voscur - Supporting | Voluntary | Action | 10,000 | |||||
| Bristol City Council covid | support | 17,605 | ||||||
| British I-lorse Society | 1,500 | |||||||
| 84,805 | 52,075 | |||||||
| OTHER TRADING ACTIVITIES | ||||||||
| 30.6.21 | 30.6.20 | |||||||
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| E | 6 | f | E | |||||
| Arena hire and associated | facilities | - Bristol I-lorse | ||||||
| Riding Limited | 28,225 | 28,225 | 97,392 | |||||
| Arena and facilities hire - | General | 8,139 | 8,139 | 8,255 | ||||
| Sale ofgoods | 1,253 | 1,253 | 2,251 | |||||
| Cafe Turnover | 528 | 528 | 2,723 | |||||
| Show income, etc. | 4,781 | 4,781 | 8,578 | |||||
| Events and other rides | 2,000 | 2,000 | 190 | |||||
| 44,926 | 44,926 | 119,389 |
| 30.6.21 | 30.6.20 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| f | E | 6 | 6 | |||
| Deposit | account | interest | 36 | 36 | 11 |
| 30.6.21 | 30.6.20 | |
|---|---|---|
| 6 | 6 | |
| Examiners' remuneration |
2,000 | 3,385 |
| Depreciation - owned assets |
16,129 | 20,587 |
| Hire of plant and machinery | 1,367 | 988 |
| Other operating leases |
3,875 | 5,410 |
| Surplus on disposal offixed assets |
(2,840) | (668) |
| 30.6.21 | 30.6.20 | ||
|---|---|---|---|
| Administrative | staff and management | 3 | 5 |
| Stable staff | 4 | 7 | |
| Caretaker | 1 | 1 | |
| 13 |
| COMPARATIVE | S FOR THE STA | TEMENT OF FINANCIAL ACTIVlllE | S | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| 6 | E | E | |||
| INCOME AND | ENDOWMENTS | FROM | |||
| Donations and |
legacies | 148,652 | 148,652 | ||
| Charitable activities |
|||||
| The operation | ofthe Avon Riding Centre for the | ||||
| Disabled | 92,048 | 92,048 | |||
| Other trading | activities | 119,389 | 119,389 | ||
| Investment income |
11 | 11 | |||
| Total | 360,100 | 360,100 | |||
| EXPENDITURE | ON | ||||
| Raising funds | 4,263 | 4,263 | |||
| Charitable activities |
|||||
| The operation | ofthe Avon Riding Centre for the | ||||
| Disabled | 345,315 | 1,376 | 346,691 | ||
| Total | 349,578 | 1,376 | 350,954 | ||
| NET INCOME/(EXPENDITURE) | 10,522 | (1,376) | 9,146 | ||
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward | 548,977 | 10,054 | 559,031 | ||
| TOTAL FUNDS | CARRIED FORWARD | 559,499 | 8,678 | 568,177 |
| TANGIBLE | FIXEDASSETS | |||
|---|---|---|---|---|
| Improvements | ||||
| Freehold | to | Plant and | ||
| property | property | machinery | ||
| 6 | 6 | f | ||
| COST | ||||
| At 1July 2020 | 401,859 | 290,817 | 87,054 | |
| Additions | 5,542 | 2,880 | ||
| Disposals | ||||
| At 30June | 2021 | 407,401 | 293,697 | 87,054 |
| DEPRECIAllON | ||||
| At 1July 2020 | 133,595 | 80,798 | ||
| Charge for | year | 4,179 | 1,807 | |
| Eliminated | on disposal | |||
| At 30June | 2021 | 137,774 | 82,605 | |
| NET BOOK | VALUE | |||
| At 30June | 2021 | 407,401 | 155,923 | 4,449 |
| At 30June | 2020 | 401,859 | 157,222 | 6,256 |
| Motor | ||||
| Horses | vehicles | Totals | ||
| 6 | 6 | 6 | ||
| COST | ||||
| At 1July 2020 | 62,500 | 6,650 | 848,880 | |
| Additions | 1,097 | 9,519 | ||
| Disposala | (5,400) | (5,400) | ||
| At 30June | 2021 | 58,197 | 6,650 | 852,999 |
| DEPRECIATION | ||||
| At 1July 2020 | 37,208 | 5,652 | 257,253 | |
| Charge for | year | 9,145 | 998 | 16,129 |
| Eliminated | on disposal | (3,240) | (3,240) | |
| At 30June | 2021 | 43,113 | 6,650 | 270,142 |
| NET BOOK | VALUE | |||
| At 30June | 2021 | 582,857 | ||
| At 30June | 2020 | 25,292 | 998 | 591,627 |
| FIXEDASSET INVESTM | EN | T | S | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Sharesin | |||||||||
| group | |||||||||
| undertakings | |||||||||
| 6 | |||||||||
| COST LESSIMPAIRMENT | |||||||||
| At 1July 2020 and 30June | 2021 | 100 | |||||||
| NET BOOK VALUE | |||||||||
| At 30June 2021 | |||||||||
| At 30June 2020 | 100 | ||||||||
| There were no investment | assets | outside the UK. | |||||||
| The company's investments |
at | the balance sheet date in the share capital ofcompanies | include the following: | ||||||
| Bristol Horse Riding Limited | |||||||||
| Registered office: Avon Riding Centre, Kings Weston Road, Henbury, | Bristol, BS107QT | ||||||||
| Nature ofbusiness: Able-bodied | riding instruction | ||||||||
| N | |||||||||
| Class ofshare: | holding | ||||||||
| Ordinary | 100 | ||||||||
| 30.6.21 | 30.6.20 | ||||||||
| 6 | 6 | ||||||||
| Aggregate capital and |
reserves | 100 | 100 | ||||||
| DEBTORS:AMOUNTS | FALUNG | DUE WITHIN ONE YEAR | |||||||
| 30.6.21 | 30.6.20 | ||||||||
| f | 6 | ||||||||
| Trade debtors | 2,758 | 1,864 | |||||||
| Amounts owed by group |
undertakings | 22,485 | 3,648 | ||||||
| Prepayments | 3,736 | 12,005 | |||||||
| 28,979 | 17,517 | ||||||||
| CREDITORS; AMOUNTS | FALLING | DUE WITHIN ONE YEAR | |||||||
| 30.6.21 | 30.6.20 | ||||||||
| f | 6 | ||||||||
| Bank loans and overdrafts | (see | note 14) | 14,881 | 12,625 | |||||
| Trade creditors | 8,788 | 7,714 | |||||||
| Social security and other | taxes | 617 | 1,330 | ||||||
| Other creditors | 947 | 2,749 | |||||||
| Accruals and deferred | income | 6,210 | |||||||
| Accrued expenses | 4,205 | 2,241 | |||||||
| 35,648 | 26,659 |
| CREDITORS: AMOUNTS | FALUNG DUE AFTER MORE THAN ONE YEAR | FALUNG DUE AFTER MORE THAN ONE YEAR | FALUNG DUE AFTER MORE THAN ONE YEAR | ||
|---|---|---|---|---|---|
| 30.6.21 | 30.6.20 | ||||
| 6 | 6 | ||||
| Bank loans (see note 14) | 86,124 | 88,881 | |||
| LOANS | |||||
| An analysis ofthe maturity | ofloans is given below: | ||||
| 30.6.21 | 30.6.20 | ||||
| 6 | 6 | ||||
| Amounts falling due within one year on |
demand: | ||||
| Bankloans | 14,881 | 12,625 | |||
| Amounts falling between |
one and two years: | ||||
| Bank loans - 1-2years | 12,962 | 13,218 | |||
| Amounts falhng due between two and five years: |
|||||
| Bank loans - 2-5 years | 42,657 | 43,497 | |||
| Amounts falling due in more than five years: |
|||||
| Repayable by instalments: |
|||||
| Bank loans more 5 yr by instal | 30,505 | 32,166 | |||
| SECURED DEBTS | |||||
| The following secured debts are included | within creditors: | ||||
| 30.6.21 | 30.6.20 | ||||
| 6 | f | ||||
| Bank loans | 101,005 | 101,506 |
| 30.6.21 | 30.6.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| 6 | 6 | 6 | f | ||
| Fixed assets | 582,857 | 582,857 | 591,627 | ||
| Investments | 100 | 100 | 100 | ||
| Current | assets | 89,259 | 89,259 | 91,990 | |
| Current | liabilities | (35,648) | (35,648) | (26,659) | |
| Long term liabilities | (86,124) | (86,124) | (88,881) | ||
| 550,444 | 550,444 | 568,177 |
| MOVEM | ENT IN |
FUNDS | ||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.7.20 | In funds | funds | 30.6.21 | |||
| 6 | E | 6 | f | |||
| Unrestricted funds |
||||||
| General | fund | 69,278 | 219 | (3,506) | 65,991 | |
| Designated fund |
490,221 | (17,952) | 12,184 | 484,453 | ||
| 559,499 | (17,733) | 8,678 | 550,444 | |||
| Restricted funds |
||||||
| Nativity | costumes | 1,000 | (1,000) | |||
| Other restricted | funds | 530 | (530) | |||
| Staff and | horse training | 7,148 | (7,148) | |||
| 8,678 | (8,678) | |||||
| TOTALFUNDS | 568,177 | (17,733) | 550,444 |
| Incoming | Resources | Movement | ||||||
|---|---|---|---|---|---|---|---|---|
| resources | expended | in funds | ||||||
| 6 | 6 | f | ||||||
| Unrestricted funds |
||||||||
| General fund | 226,059 | (225,840) | 219 | |||||
| Designated fund |
1 | (17,953) | (17,952) | |||||
| 226,060 | (243,793) | (17,733) | ||||||
| TOTALFUNDS | 226,060 | (243,793) | (17,733) | |||||
| Comparatlves | for movement | In funds | ||||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 17.19 | in funds | funds | 30.6.20 | |||||
| f | f | E | 6 | |||||
| Unrestricted funds |
||||||||
| General fund | 54,693 | 35,618 | (21,033) | 69,278 | ||||
| Designated fund |
494,284 | (25,096) | 21,033 | 490,221 | ||||
| 548,977 | 10,522 | 559,499 | ||||||
| Restricted funds | ||||||||
| Nativity costumes | 1,000 | 1,000 | ||||||
| Estates equipment | 164 | (164) | ||||||
| Other restricted | funds | 825 | (295) | 530 | ||||
| Staff and horse | training | 8,065 | (917) | 7,148 | ||||
| 10,054 | (1,376) | 8,678 | ||||||
| TOTALFUNDS | 559,031 | 9,146 | 568,177 |
| incoming | incoming | Resources | Movement | ||
|---|---|---|---|---|---|
| resources | expended | m funds | |||
| E | f | E | |||
| Unrestricted funds |
|||||
| General fund | 360, | 102 | (324,484) | 35,618 | |
| Designated fund |
(2) | (25,094) | (25,096) | ||
| 360,100 | (349,578) | 10,522 | |||
| Restricted funds | |||||
| Estates equipment | (164) | (164) | |||
| Other restricted | funds | (295) | (295) | ||
| Staff and horse training | (917) | (917) | |||
| (1,376) | (1,376) | ||||
| TOTALFUNDS | 360,100 | (350,954) | 9,146 |
| Detailed Statement f Fi ancial Activiti forthe Year Ended 30June 2021 |
||
|---|---|---|
| 30.6.21 | 30.6.20 | |
| 6 | E | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies |
||
| General donations | 69,616 | 89,617 |
| Grants | 84,805 | 52,075 |
| Horse sponsorship | 6,000 | 6,960 |
| 160,421 | 148,652 | |
| Othertrading activities |
||
| Arena hire and associated facihties - Bnstol Horse Riding | ||
| Umited | 28,225 | 97,392 |
| Arena and facilities hire - General | 8,139 | 8,255 |
| Sale ofgoods | 1,253 | 2,251 |
| Cafe Turnover | 528 | 2,723 |
| Show income, etc. | 4,781 | 8,578 |
| Events and other rides | 2,000 | 190 |
| 44,926 | 119,389 | |
| Investmentincome | ||
| Deposit accountinterest | 36 | |
| Charitable activities |
||
| Chanty for disabled riding |
20,677 | 92,048 |
| Total Incoming resources | 226,060 | 360,100 |
| EXPENDITURE | ||
| Raising donations and legacies |
||
| Show and event costs | 343 | 1,797 |
| Other trading activities | ||
| Purchases | 2,466 | |
| Charitable activities |
||
| Wages | 87,242 | 89,448 |
| Social security | 5,086 | 8,707 |
| Other operating leases - Rent |
3,875 | 5,410 |
| Rates and water | 2,290 | 1,748 |
| Insurance | 5,536 | 10,336 |
| Light and heat | 3,205 | 6,872 |
| Care of animals | 16,234 | 50,568 |
| Sundries | 2,802 | 2,950 |
| Repairs and mamtenance | 15,483 | 8,260 |
| Improvements to property |
4,179 | 4,164 |
| Plant and machinery | 1,807 | 2,726 |
| I-lorses | 9,144 | 12,220 |
| Carried forward | 156,883 | 203,409 |
| Detailed Statement of Finan | Detailed Statement of Finan | ial Activities | ||
|---|---|---|---|---|
| for the Year Ended 30June 2021 | ||||
| 30.6.21 | 30.6.20 | |||
| E | 6 | |||
| Charitable activities |
||||
| Brought forward | 156,883 | 203,409 | ||
| Loss on sale oftangible | fixed | assets | (2,840) | (668) |
| 154,043 | 202,741 | |||
| Support costs | ||||
| Management | ||||
| Motor vehicles | 998 | 1,330 | ||
| Finance | ||||
| Bank interest | 2,611 | 1,908 | ||
| Land loan interest | 4,665 | 5,322 | ||
| 7,276 | 7,230 | |||
| Other | ||||
| Wages | 54,777 | 98,373 | ||
| Pensions | 1,636 | 2,211 | ||
| Hire ofplant and machinery | 1,367 | 988 | ||
| Telephone | 4,033 | 3,887 | ||
| Postage and stationery | 1,175 | 706 | ||
| Sundries | 4,189 | 6,645 | ||
| Travel and motor costs | 141 | 2,164 | ||
| 67,318 | 114,974 | |||
| Governance costs |
||||
| Examiners' remuneration |
2,000 | 3,385 | ||
| Accountancy and legal |
fees | 11,025 | 17,031 | |
| 13,025 | 20,416 | |||
| Total resources expended | 243,793 | 350,954 | ||
| Net (expenditure)/income | (17,733) | 9,146 |