The Avon Centre Limited Charity No. 281648 Company No. 01534625 Trustees, Report and Unaudlted Accounts For Year Endlng 30 June 2024
The Avon Centre Limited copirENTS Pages Trustees, Annual Report Independent Examiners Report Statement of Flnancial Actlvities Balance Sheet Notes to the Accounts io Detalled Statement of Flnanclal Actlvities 19
The Avon Centre Limited Report of ihe Trusteos forthe yeareThded 30June Z024 The Trustee$, who are a150 direcl¢Jrs of thecharity for the purp(w of thecompankn I, present thelr rep(Yt wth the financlal statements of the charity for the year ended 30 June 2024. The triJstÈe5 athpted the psn$ of AccountinB and Reportin8 by Charities.. Statement of Recommended PractKe applicable tocharitles ppar[Th8 theii accounts In attordance vrith thE Financial Rew)rtingStandard applicab Sn the LIKand ReJICOf Ireland IFRS1021 lÈffÈ¢tive l January 20191 oWEIVEs ANDACTivfTIE5 ObJÈ¢il¥es ond alnk8 The charitable oblÈ¢ts lorwhith The Avon Centre 15 estsbtlshed are for atharKe the education. health. wellbelng and rehabilltstlon of the 6eneral publ1¢, In particular peoplewth physical. mental and emotional dlsabilitie5 through thÈ prov15k)n of hof5e related and nature relaied programmesfor the ¢ommnityof Bri5tcd and the surroundlng area.. SlgThlllrant artlvhles The Charity pravides equine bHSed therapeutic and sport arthues forpeople wlthanyform of disab111ty In one of the UK'S lar8est purpose built equestrlan ¢entres. The cekntre Ls in Nh Bristol SUTf(MJnded by Ic acres ol fields and woodland. In a settingthat aims to promote tlId1 devel¢)pmen¢ski115 and confiden ID a f< frlendlyand attractl¥e enronMent. Pumc benefflt trurfeÈs have due regard to the CharityCommission's8uklance on public benefftwhen developing thijtles. The trustEe5 believe that the centre, its lacllities and the esrate upon whKh itoperates are rnalntslnÈd In a way that encourage5 and asslsts Indlvlduals In • fun¢tlonal and settin& wlth hor5e5th* ate carefully chosen and tralnEd to support the needs of the charity's benefklade5. ACHIEVEMENT AND PERFORMANCE Actlvltle5 FfKI Pertomwice The financial yearending 30thJune 2024 was both dlIeIllg and exutrng forTheA¥on Centre ITACI. Whlle some effetts tsf the pandemic lingered, staff leveb were reduced. and the equine hÈrrl was deeted. This reduced capacrty. but Steady progress was made wth gradual Increases In straff and horse numbe The team also ExpaThled nortrridden actfvmes, offeftnB greater therapeutlc benefits to the %tridercommunity. Expansion ol non-ridden act4Vtty was e¥ed thrOthe,Byond the Gate. provision. offewlDgtherapeuti¢ leamlng and connertion wlth ShEtl3nd ponie5. Page 2
The Avon Centre Limited Report of the Trustees forthe year ended 30 June 2024 ACHlEVEmEPANO PERFORMANCE (Continuèd) The successful 40th lebratOry tea party has inspired plans for simllar events In thefU. Portnershlps The organisation continues to devel¢)p strategic partnetshlps with third parties to proVe morediverse equine-related and nature-ba5ed offering5. This includes h05tln8 schooL% and other charities such as: - bristol Autism Project - 015 Academy &ank Leaze Pdrnary School Blaise High School - The Friendship Café People First and more. &Jstained efftirts to welcome addltlonal organi5ationsare bearlng frnit beyond June 2024. Fundralsl Durlng COVID, a crowdfundiThg campaign rarsed appr0xlmale £80,C(Kl of unrestricted income. Thls provided financial stablllty and allowed for careful planning and investment in tore operation5. Another key Income slream Is the tradlng sub%diary. Bristd Horse Riding IBHRI, which provkles recreational equlne actiwties. Toward the end of the yèar. tmstee5 began deYebpln8 an imprOd approach to the fvndraising strategy. utili5in8 the abilities of staff. trustees. and volunteer5. Support is received from a wide range of individuals. busnesses, and oann$. Induding= - CB.O. C. Lubricants Ltd -Acce5s Sport - Sporting Heritage Christlna Aitcheson Charftable Tr Bescoby EquSne Dental Vets - 5UEZ Recydlng Company - ASDA Communlty Foundatlon - Tesco - Quartet Community Foundation -The Spielman Charitable trust -Johnson'5 Workwear -ArYdl UK - Nailonal Lottery Page 3
The Avon Centre Limited Rèport of the Trnste forthe year ended 30June 2024 FINANCIAL REVIEW Flnancial posltlon Atthe balance sheet date, thè eharity hekl £618,52512023- £CQ8,407) tanglblefixed assets. Maln relatlng to the land and bulldlngs I£407,4011. lrnprovernents to property1£164,3661 and horses IE28,8531. The remainlng tanglble fixed assets Include the equipment necessaryto run the charity. maintaln the pmpertyand prode lessons. The chèrfty held ¢ash of £114,70612023- £103.2381 wtth net current assets of £98,56112023- £93,772). ReseNes pollcy The charity ha5 a clear airn to retain reseryes to the thl requlred to prowide suffiuent fund5 to coverthe operating costs of the centre for a period of at leasi six months. The total value of serveS at the balance sheet date is £672,74812023- £639.8381. orthls total, £17,10812023- £6,95911s held as restrlcted funds, and £100,6¢1112023: £98,793) is held asfree reserves. Whilst at the moment. the Charlty does not have en(gh free reserve5 to meet its reserve ptJliLy, the Trustees are continually monltorln8 the ptssltlon and ways of developlThg additional income streams to rebulld its reserve position. FUWRE PLANS The organisation Is following a carefully considered plan to ensure financial Stability and maximise Its benefrt to users and the wider community. include5.' Adding to the equine ridden herd Increasing RDA lessons offered to more rlders. ensurlng hor5e5 and lessons are Careful matched to each riderfs needs, and promotingeouality and Incluslon fordi¥er5e communitie5. FpandIng the equine non-ridden herd Increasln8 artlvitles that do not Involve ridin& benefrting sthools, charttyEroups, and indlvidual participants. Developln8 a range of on•Site aebvtties Incieaslng horse Mulator 5e55ions. faalrty hire. competitions. ForesrSth00l provislon, seasonal event5, one- day catnp5J guest speaker events. and Iebrat0ryeVents slmllartothe401h celebratory party, ensuring Sustsinabilitythrough diverse offer5. Developlng the use ol the stte Further invofving partner groups and Chare$ to meet thelr specmt needs. progressing plans to ful utillse the site for the benefit of those in need and the wlder community. National Star College will support th15 through adult volunteers with learningdisablllues helping ¥rith land and environmentsl developmènL Page 4
The Avon Centre Limited eport of the Trustees forthe yeartnded 30 June 2024 STRUCtURI GOVERNANCEAND MANAGEMEP Govemlnq document The Avon Centre Is a company lImed byguardntee as defined by the Companies Act 2CrfJ6, incorporated on 12 December 1980 and Is a reOstered charlty Ino. 2816481. The company was estsblished under a Memorandum of Association and is governed by Its artlcles of A$slatiOn as arnended on 15 November 1982, 25 July 21x15 and 08 lune 2022. Membershlp The charity15 3 mernber grP of the Riding forthe Disawed Associatlon IRDA), which is a UK based charlty focussed on providing horse rrding and carriage dri¥lnB lessons tv people wi(h both developmental and physical disabilitles. The RDA has about SW independent groups and servesover26,5(X) adults and children each year. Appointmert of new tntee5 The trustees, who are dlrectors for the purposes of company law and trustees for the purposes of Char law, who sèNed durlng the yearand up to the date of this report are set out on page 5. The Board reuults trustees as and when a clear need has been Identified. Potentialtrustees are Identlfied and Intemewed bytrustees and other selerted persons as appropriate to a$5ess the suitsbility to assist In the effettlve guidance and management of the charity- When considering the appointment ol any newtrustee, the Board considers the experience and contribution which the indNidual may bring to benefit the charlty. Orgonimtion The trustee board comprlses 3 independenttrnstee5who meet on a reEular basis. Durlngthe year, the team have continued to be 5UPPOrted by dedicated volunteets and the tNistees re8ularly review the ¢JrganlsatlDn structure to ensurethat It ha5sufficient staff to support its exlsting and fvture tsperations. REFERENCE AND ADMINISTRATIVE DETAILS Re8lstered Company number- 01534625 IEnEknd and Wales) Registered Charity nurnber- 281648 Restered offlce- The Avon Centre KSn85 Weston Road Hentwry. Bri5toL City of Bristol. 8SIO 7QT Trwtee5 A M CoThnelly (appointed 19.08.241 C A Evans lappointed 19.10.221 S Vlncent lappointed 19.10.221 A C H Whlte lappoÉnted 1.8.221 {reEtsed 31.8.241 This report is designed to meet the statutory reporufi8 requirements forthe Avon Centre. The charityls keen to communicate with those whg take an interest in its wort. Update5 and further information la5 available) tan be obtained by e-mailing info@thea¥oncentre.org.uk Orvisin8 ourweb5ite at www.theavoncentre.org.uk Page 5
The Avon Centre Limited Report of the Trustees torthe year ended 30 June lin4 8TATEMENTOF TrUSTEEY RESPONSIBILMES The trustees (who are also the dlrectors of The A¥on Centre Llmited forthe purpos of company lawl are responsible for preparing the Report of the Trustees and the finonaèl statements in accordan with appllcable law and Unlted Kingdom Accounting Standards Iunited Kin8dom GenerallyAccepted Accounting Practice). Company18w requires thetrustèe5 to prepare financial statements for each finandal year whith Èlve a true and falr vlew of the state of affairs of the charitable company and of the incoming resources and applIcatEL of resources, Indudlngthe Income and expend5ture, of the charitable company for that period. In preparSn8 those financial statements, the trustees are requlredto.. - selert sultable accounting poficies and then applythem COnstent[¥. - observe the methods and principle5 in the Charity SORP- - makè judgernents and èstimatES that are reasonable and prudenL- - prepare the linantlal staiements on the going concern basis unless It Is Inapproprlate to prE5ume that the charltable company wlll contlnue In buslness. The tru5tee5 are responsible for keeping proper accounting recordswhich disd05e wrth reasonable accuracy at any tlme the financlal p051tion of the charitable company and to enable them to ensure that the financial 5taterrents comp wfith the CompaTrles Act 20(. They are a150 responsible for safeguardin8 the assets of the tharitable company and hence for taking a9)nable stepsfDr the PrentIOn and detecti¢)n of fraud and other Irre8ularltl&. In so far as the trustees are aware.. - the Is no relevant information of which the charitable companvs Independent examlner5 are uThaware,' and - the trustees have taken all steps that they ought to have tsken to m2kethemselves awart of any relevant Snformatlon and to establlsh that the Independent examiners are awareof that infomiation. Approved by oriler of the board of tnjSt on 30.04.2025. and signed on its behalf by.. S Vincent-Trustee Page 6
The Avon Centre Llmited IEpENDENT EXAMINERS REPOtrr Independent ex8mlner's rept to ttsta¢S of IheAvon CeThtre Llmlted {'the cTr1 I reportto the ch8rftytrustees on myexamination of the accounts of Comp8nyforthe perfod ended 30 June 2024. Ilwonslbllllle5 Bnd ba$•f port As the twuste25 cf the charity land also its direLtors for the purposes of company lawl you are responslble for the ptepar4Élon (rfthe Ittounts In a¢c¢rdancewhh requirEments of the Companie5 Act 20061.the 26 Act'l. Havlng saiisfied myseK that the aCCnts of the thariryare not required to be audited under Pèrt 16of the 2006 Att wd are eli8ible lor Independent examination, I report in respect of myexamlnavon of ywr charws a¢tS as Earried out under section 145 of the CharfUe5 Art 20111'thE 2011 ACEJ. In carrying out rny e¥amination I have fc41owed the directlons ghen by the Charlty Commlsslon under sectlon 14515llbl of the 2011 ACL IndependenteMamlneV5statertt Sln¢e ytsurcbarity's gross income exceeded £250,(Yr examinermust a member of a listed bth. I can confftrmthat I am quallfled to undertake the examination because l am a member oFthe Insbwie of charted A¢(ntIts in England Wale5 IICAEWI. which is one ol the listed bvdies. I have completeil my exarnlnatiDn. I cén confirn that maleria matters have come tr* my aitentlon In Conrtk)n with the minatlon glving me cause to belwth3t'. * Accoundng records were not kept In accordan wlth sertkjn 3861)f the I(6 A¢t; or the accounts do not accord with those records.. or the accounts do not compl¥with the accountlnE requirements undersectlon 396of thÈ 2W6 Att othÈrthan anv re4ulrefftent that the accounts 8ivea'true atO fail, view which 15 llota matter ctYL5idered as part of an indepeNlent examlnatlon.. or . the accounts hwe not been prepared In a(tsrdance with the charie5 SORP IFRS 1021. I have no nceM5 and have cCe across no other rnatters In connertkjn wlthlhe examlnatK)n to whlch attention should be dr3wn this Teport in order to enable a proper understanding of the accountsto be reached. Independent EXa1ver Martln Hobbs BSCACA Frarscls Clark LLP 90 Victoria Street Brfstol BSI 6DP Date.. 30-04-2025 Pa8e 7
The Avon Centre Limited SYAYEMEMf OFFINANCIALACTIVMES For Year Endln8 30June 2024 Total Fur$ Total Funds 2023 FThd$ Funds 2024 Notes Incomlng Resources from.. Donatlons and le8acles Charltable activlties The Operation of theAvon Riding Centre for the Dlsabled other tradln8 actlvttles Investment Income 63.689 33, 97,479 SYl,645 120,385 199.459 2[ 120.385 J99.459 95,260 224,014 127 Total 383,739 33.790 417,529 410.046 Resources Expended Ralslng fvnds Charltable actlvltles 5,304 390,516 363.578 21.041 384,619 Tolal 363578 21,041 384.619 395,820 Net Income 20,161 12.749 32,910 14,226 Tra[er between fund5 17 12,6001 Net movemerrt Sn fund5 22,761 10,149 32.910 14,226 Recondllotlon of funds: Total funds brought forward 632.879 6.959 639.838 625,612 Totsl funds ¢arfed forward 655.640 17.108 672.748 639,838 Page 8
The Avon Centre Umlted BALANCE SHEEr at 30 Ie 2024 ueStred RestrlttÈd FdS 2014 Totsl Funds 2024 Toial Funds 2023 2024 Fed assets Tangible flxed assets lovests io li 618.525 618,525 IOD 608807 IDJ 618,625 618.625 6807 Debtors Cash at bank and hand 12 25.899 97598 25,899 114,706 27,168 103,238 17.1( 123N97 17.1( 140.6D5 130,4 Cre(Iltots: Arnountfallingdue wlthin one year 1410441 142,0441 136.6341 Net wrrent assèts 8L453 17,11 98.561 93,7n Yotal assets lesscufTentll?bllltles 17,J( 717,186 702.279 Credkors.. Amount falllngdue afler Oryear 144A381 144.4381 162.4411 Total net •ssÈts 655,640 17.IL 671748 639.838 Th8fund5 rrfthg thaffty Resffioed Income n$ UnrestrScted Funds 17 17 17.IOB 17.108 655.640 6.959 632,879 655.640 Total fund5 655.640 17,108 672,748 639,838 The dwTrcable company 15 enliued loexernplion from audll undersecthn 477of the comparArt2035 fDrtheyear ended 30 JuThe 2024. The members have not r4ulredthe cthnpany to obtsin anaudlt of itsfinan(ial 5t3teentsfOrthe year ended 30June 2024 in accordance wlth Sectlon476 ofthe Companles Act2( The tru5te2S acknowledgethrreS1le5 for ensuring th the thèrttafrAe componykeeps Kmuntir recontsthai clp with Seciion$ 386 and 387 of the CompaThlesA 20rA and bl Fxepar1ng flnanclal ststementswhith WVÈ a and fairview of the state of affalrs of the charftabk company as at the end of eèch financkl year and of its surplusor defKitfor èath finarKial year in accordance wlth the rerNlrements tif Sectlons 394 395 and whlth othEfwi5e compty with thetE4uiremethts of theCorywanksArt 26 reiatinRtofSnandal statements, so farES appIlbletOthe dBrltsble compAry. Th*e accounts have been wepared Inaccerdance wlththe 4)ecial wolismS of Part 15 of the Companle5Act 2W6 relatlll8to srnall companie5. 30-04-2025 Thef1n¢[al statements wereipproved bythe Board of Te$and authortsedfor i5%ue on............................................. were slEnÈd on its behalf bv.. Svlncent Ttee Page9
The Avon Centre Limited NOTE5 TOT+FEAccouKf5 ForYearEndlng 10 June 2024 l ACt(ntIng pullde5 BasLq of prwrat These financlal st?terents have been preparedin comp1kqe ¥Ath FRS 102. The Financial Reportlng Standard applKable In the UK andthe RÈpublk of Ireland,, the Slaternent of RecommtrNled PracbcE apPbCaetOcharitIe5 preparingthÈlr a¢rounts in xcordants with the Flnanoal RewrtfP8 Stan&rd appble In the UKand RepublKof Ireland IFRS1021 Icharltles SORP IFRS 10211 and the chart1$ #£t2011. The Avon Rldlng Centre meets the definlthjn ora publit benefflenlity under FRS 102. The financial statements have been prepared on ihÈ hl%torKal cost ba%"s, a5modffied bythe revèl3onQf certaln fiThaThclal assets and lbIlitIes3d investment ProPere$ measured at Iairvalthrougb income or exFndfture. Group 4crowts e¥empllun 6roup tXCQUhtsexemptlons399 The Charftrble Company hastaken thnta8e ofthe e¥emptFon insertn 399ofthe COMpansAct 26 not to prepare con5011dated actDunt& beCaE the group it heails qualifje5 a55malL The finantial StateJn present inf0rna0n aknutt CharltaNe Company as an Indivldual entity0. Golng Corrtern Therp areDo motErial uncertaiDtie5 lbtthethartts abllltytotonVTrue. Ju(tsernents and Key 5ourc05 of Estlmatbjn Untertal The preparaUDn ofihe InatKaal 5tatEments requires manogerrnt to makeluemènts. estimales and assumpllonsth2t affect the amounts reported. These estlmatesand1d8emeTrts arecontinvaly revleed andare based on e¥perlwKe and other factors, Includlng Lypectatlorts offvture eventsth2t are to bereasonable underthe drcumstancts. Change In baslj olac(ouJrtkw orto èrt There has been no thange to thÈatt(MJnting polKie517lttlon rules arKI rnetknd of acwunting) sinre last yearand no changes have been madeto accountsforprÈviousyBar& Fund Unrestricted fun(ts are aydilableforuse at thedi%cretlNbof thÈtru#ets in fvrtherarKeof the gaieral Objecte$ of charhy. Restrlcted funds are sublected to rÈ5tricUon5 ontheire%Fenditure imEd bythedonDrorthroueh the terms of an apppal. lThcomlng Rq5ources All IrKoming re50urce5 are induthd Inthe Statemertof FInaal NdwitlS0FA1when'. the tharlty betomes Èntltled to the resour. It Is more Ilketythan not thatthÈ trLStÈeswlll receivethe resour. the monetaryvalue can be meayjredwith relk7Liltty. There has been nu Dffsettiwof a55ets arml liatMlllte5, or InrJ)mearbJ eynses. uhle&% rEqufjd ar peIlted bythe FRS 102 SORP FRS 102. Grants andd¢rtl0nS areonty lrnthded In the SoFAth2nthegeneral irKJJme recc6nltloncrlterfa art mei15.10 to 5.12 FR5102 50RPI. In the tase of perfomiancè related grants, Inc(MTrE rnustonty berecogniseé to the extentthat thÈ tharrty has provided the speclfied Eoods orseThkesas entstlneThtto trgrantantyocrur5wlwthe FerfOrnrte ated condltions ale met IS.IG FRS ID2 SORPI. Pa8e 10
The Avon Centre Llmlted
NOTE5TOTHEAccours
Incorn[ Re5llurc2s IconVrKredl
Legaues are included in the SOFAwhEn recwpris probable, that i%. ¥An thÈrÈ ha5been 8rantof probate, the executors have
tabllshed that there are 5ufflclent3ssets In the estats ar.d any tOr¥ithOr Jttsthed to the legacy aeItherwIthfin the control of
the chatlty or have bee met.
tknprnmeTrt8rats are induded irn theSOFAtrthe rebvlant prlod
GIftAldre£eivable ts Included In IJK0rWhen there isavalld thdaration frw dornr. AThyGIft amount reu)vered
dOnatn Ss conskjered to be part &th'ft and L% tteated a5 In wihesame asthe init&l (klnadon unle55 the
domr ortheterms ofthe appeal have 5PLYifiedother4we.
Donated 5ervi¢e5 and facilitie5 are Induded atthe vahtothetharlty where th15 can bp qu4ntlfied. The value of 5pnpice5
provlded 6¥ unteers has nor bew Iuded Sn these accountk Go(MJs dona.ed f¢roTFgolng w bytke charity are ¢Ised as
tanglble ftted assets 2nd Included in the SoFAas ints)mii¥ rÈsDurces when reCQfvab.
fxpendlture recogL4e aCc15baS as allaltyts IncurrEd.
ctsbIe expendlturé coryri5es thosec05ts incutted bythe tharity inthe ddtyeryof its admtles and Serv$ for Its
beneficiarfes. It IntdeS both costs thatcan bealkKatedd1C1Vt0Ath acii¥ftiesarndtlK>secosts ofan indir% nature necessary
to supportthem.
The compiny's propertles are held f
The Avon Centre ilmlted NOTESTOTHEACCOUPlfS J DorAdonsaTrd 148adgs dona¥$ 33.79) 8&734 IOA25 fjrants Horse Sporw5h iOA25 a20 46 97A79 90.$45 4 Gr• Tokni Ttsi•l 2023 2014 Rur4 paymwtsP4 ApprentkeGtrnts iOA25 LOA2$ 10,916 iOA2i Iws 12,446 Total Tatsl 23 Arena hlreand associated f4uIIVes- knl Hcq5e RldbwLtd Arena facilltles hlre-Genetsl CaféTurntyr 144,352 S36 7.518 14297 20226 1,1 144352 I135 ,137 JJ,857 4,292 14297 20.226 I.IQD Eventsand LiverylncomÈ Other 23.641 37.999 199A59 224.014 A(hèrge1smaceto On$tlrse Rith[ybmrt a wLoned5bs1kry.[OIthE woftkrrntre5 1t*S IntheSubdI1$pr0vL5I0Th0f rldlng InstrtsrtpJn. Pa8e12
The Avon tentre Limlted NOTESTOTHE AccouTrirs ExPrl r•blndS AoknrtTn&marttf1r dlrertnMII and put4 Y ExnlU onrhalltabl••¢tIets Tot•1 Totsl £¥peilre0(h0rirb1eCct1vrt ThÈ DfthÈAvE)n RMJln8C&)rfefortr Dlsa Calécosts ZLOII 36F.714 361669 115 LIO) AccountsKy and Preoal lee5 Bankdwg 9.367 6.433 21495 5.237 3F15n 384,619 3.51$ stsff 5alarlesènd w¥es 50d strt¢0$ts Pen5lorycDstsldefinedcontrikyunXhernes 203.192 3.161 1374 214,998 218A39 Numberofemployees rKdved em0yet roslfwthe reK•Nth%peric4Dfmore than E60,0(X)is Nil12023.. Nil) A¥¢we ¥ear The parts ofthetharftyln wh1ththeernplos* 20 NllmbÈt Number AdM1n15tratStaff andmana8ernent StaNesia Caretaker TOtsI 9 TNste¢ rwnwnwatlan4md NMeofthetrustrE5ha¥e been arryrernuneratlon or beeTr reimtrMJrsed anyeyrtsesln th¥pr1wPrIEts. Pa8e 13
Thè Avon Cèntrè Umlted NOTE5TOTHEACCOIJNTS 10 TansNefl¥edosse knpro¥emert% frknkl tand m¢hlr cOrre¥IU9t1Q Al lJuly2023 Add0 5W5a15 407.401 316.(8 IIZ861 At 30Jwne 2024 407AOI 316.068 93,198 Depreckth)n At ljuty 2023 rgeftheperl0d DIsp05a15 I4733 4,669 L580 142861 At30June2024 151,702 393 Nettrrf)okvaleS At aOJun2 2024 4,401 164 6,905 At30June Z013 4D7AOI I695 5.765 v•Nde5 Total CDsttY rdIon At Iluty2023 Addtknons Lsp05als 78A17 14,7CI) IIL?rx)I ZE,420 ID,48SI At301une2024 81317 17,6SD 915,734 Depredadon AtlJuly2023 Charge forthe perlod Oispos315 611 7.753 (7,)1 6.65D 292,393 14,002 19,1861 At30June 2024 52.464 6.650 297.209 Nd boollues AI3DJbne2024 28,853 Ll,1) 618.52S At30JunÉ 2023 2@2( Page14
The Avon Centre Llmlted NOTESTOTHE Accourirs 11 FlxedAsMt In¥estsnents res ln oup undtttsklng Cust le55 IpaIr[ert At ljuty 2023 30JurbE 2024 Net bocvakJÈs At30JunÈ 2024 100 At8OJune 2023 100 Therewere no InvÈw.ent¥sets outldetheVL The IV£ents atthe b31aeSheette1n the S(aatipoE5ilthefQ1ymr Brfstol Horse HIdI Lkned R*Sred•1Èe.' A¥vr. alding Centr% lwest{ Road, Henbury. Brirtd. B5107QT Naiure•f bune$s.. hble.bLxkd rfd1 IrCti aa55ofshartr. Ordknary io) 11 D¢b¢N¥ 202J TradE debtors Amounts owed by8roup underts Prepayments arKJ acuued Irmne Other debtors 3,797 23,371 21.164 25.899 27,168 Bank Loans a?d i)verthfts IseeMte 151 Tradecreditfrfs Othercrelh'tors Accrua15 arKI deferr inc(¥DE Othe'taxe5 19,088 11.880 12.208 593 9.773 2.180 950 13.191 2.410 42.044 36,634 IS
The Avon Centre Mited NOTESTOThEACCOUNTS 14 CredItL5.knuurt518duafteTrrf 2024 2023 8&nk ts•n515eeith 155 44,438 61441 15 LOH 2023 n analysb ofthe maturtyof iseln bekn. Amtyjntstslliwdue ¥thIn Bank loarns 19, ii, Arnounts klllnÉ betweenthe aNItwu 15. nk loans.. 1-2yeHws th(yJnts falling betWEeTrtwDandfiYeyears'. Bank loan5'. 2-5 yeaFS li.B80 25A5D so61 44A38 62,441 16 SE(ured DEbts 2023 ThefolloI$eJrfjd debts are ITded wlthin ¢redit¢ws.' Bank Loan5 63516 74121 Thehnkloan$shNr8treale$ewred byl)tha fxle8a1&.aErrtérthPfree1D1d knd ap.d aflrstdÈbertityE wwisinBafixed èndfloatln8 char8Èoverall thp3sset54nd uwjertaknw Dfthetharityand bear knterest at4.5%3*the baseTrtÈ, pa1
The Avon Centre Limited IIOTESTOTHEACCOUNT5 17 Char]ty FuTrJs At lju fr•nsfers AtSOJune Z024 RestrirtédFvnd&' CRF GrJnt 4J25 3,025 11 the Galt Voluntéerctrordinat F¥nd forpaymEntDf Sab5 cj15e rnateriaLs TpOrt GQ5ts Annfve1sarydorU0r 6,959 16.9591 15.9171 15.m)I I4.8 715 14001 12501 TotrlRestFlrtedFunO 6359 17.108 UnretylctedfvS.. General tgnated ¥793 531086 1363.5781 118,3131 20,913 I,611 554gJ9 Totsl Fund5 6398 417.529 13845ts1 67l748 Ch•rftyFNas TraTh5fers At JOJwne RettyittedFunds.' FundforthepurdR5eolH0rs and Pontes RDA Le5S nd theGat Volunteer C&ord'.natDr strurtLtsI Worts-staw Fvnd fDr pAynt01S3LE$ Ljlil 22 11149 ILI(LSI 1ts,9221 17AIO (9.9MI 6,959 5,75D 9.951 .7501 (9P511 39.165 17.927 1432831 I650) 6.959 Unie5tfkted funth.. Ga)enl Des18nat S8 4929 a91U9 (35153 134.6471 41A97 98.793 534.085 Totsi Futhds 625,612 410,IX6 1>95.8201 639,838 ResirfttedfvNts rd3tekn gr4w for5wfkpuyKÉ%. whh caD by the aedescrip0nS. Onceafved4SSÈt has been pW£h,orthefund5 ut115edlandasyJnbgthe bN>re%triLtm the u5eofthe as). thefurvJse trerred iOthE ¥pwprktefurNL [51Batedfulld5 areunrEsLrKted and refBte tDthetotafrted assetsat ¥v.u?a th?rema1rAbajlnceoflhtrl8Thd loan. RewymeDts ittthè IDar andmo¥ents In a5ts1&jth 2d(4tth.dtstw anddeprt¢iatfv)nl8retr3n5ferred a8aknstthi5 balall. In the priyear. tFtrustee5 fEeognised thata numberofrestrlttftyAtshDL1IlVPle wn5urnedthrough *Jndard fftr recent pers, assurth transf#[edtfr4Xts #gair&turestrfrt fJndwhuetheexpendthrewas 18 kn3315 of rbetassets betweenthJnd5 ds Tawbleft¥wJ a55ets Investments NetCurrentAssets L¢ngterm I'abiif(k5 61825 618,5 81,453 144.4381 17.108 98.561 144,4381 655,640 17.108 672,748 PaBe 17
The Avon Centre Llmlted r40TES TOTHEACCOUNTS 19 RdAiad party¢k¢log Thechawttable comp3nyha%tsken ad¥3rrtaBe olexemwk)n, undprtrotetm5 offi4ancial reWrtTrystaard 102 Yhe FInalla1 Reportlns Strnrfawd applKable Th the UKand Rewbfic Df Irthd, nat tottbdose relatedpÈitytraTts*N)n5%1yLhd 5ubsldiarleswithln the 8roup. TherewerE notran5adk)ns¥rilh wdatsj part5 ¢hwIthe1haIreWIr¢{1s¢knW. Page18
The Avon Centre Limhed DAlLED STATEmE1oF FIN4NCIALArnIE5 Foryear EDrflTrg 3DJune 2024 Total Totsl FuMf5 Fuhds Funds 2024 ZOZ4 Intttme athd endowments Donatlons and legacies Charitable activtties Other trading %tl¥ftles Interest 97,479 120,385 199.459 206 90,&45 95.260 224,014 127 IZO,385 199,4S9 Totsl In¢ome enth3wm2nts 383.n9 33.N 417,529 410.046 ExpÈndltLwe on: ExpeNJoliture misFngJunds Advertbln& rn3rketln& élrect mall ènd publkity Totsl of exped1tUre on watslng fwnd5 Expendltureon: Chorltuble uctivltle5 The Operatlon ofthe Avon R(dln&Certre forthe DiEabled Café cosi$ 21,041 367,714 1,105 362.569 115 347.778 21.04L 368A19 362,784 Goverljan W5tS AccountarK¥fees Bank CharEes 97 6,433 22.495 5.237 6h33 Is0 27.732 Total of expendlture on thorftablp artl7thk5 21.041 384.619 5,516 Totsl eXPetlIe 363578 21.04L 384,619 395,820 Netlncorne 2Q161 12.749 32.910 14,226 Trafer between fund5 IlfAKJI Ilet mo¥emartlh funds 22.761 10.149 3Z.910 14,226 Pa8e 19