## **The Avon Centre Limited**
**Charity No. 281648**
**Company No. 01534625**
**Trustees' Report and Unaudited Accounts**
**For Year Ending 30 June 2025**
## **The Avon Centre Limited**
## **CONTENTS**
||Pages|
|---|---|
|Trustees' Annual Report|2|
|Independent Examiners Report|7|
|Statement of Financial Activities|8|
|Balance Sheet|9|
|Notes to the Accounts|10|
|Detailed Statement of Financial Activities|19|
## **The Avon Centre Limited**
## **Report of the Trustees**
## **for the year ended 30 June 2025**
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019)
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The charitable objects for which The Avon Centre is established are "to advance the education, health, wellbeing and rehabilitation of the general public, in particular people with physical, mental and emotional disabilities through the provision of horse related and nature related programmes for the community of Bristol and the surrounding area."
## **Significant activities**
The Charity provides equine based therapeutic and sport activities for people with any form of disability in one of the UK's largest purpose built equestrian centres. The centre is located in North Bristol surrounded by 100 acres of fields and woodland, in a setting that aims to promote individual development, skills and confidence in a safe, friendly and attractive environment.
## **Public benefit**
The trustees have due regard to the Charity Commission's guidance on public benefit when developing activities.
The trustees believe that the centre, its facilities and the estate upon which it operates are maintained in a way that encourages and assists individuals in a functional and engaging setting, with horses that are carefully chosen and trained to support the needs of the charity's beneficiaries.
## **ACHIEVEMENT AND PERFORMANCE**
## **Activities and Performance**
The financial year ending 30 June 2025 was a year of continued delivery and development for The Avon Centre. The charity ‑ continued to provide equine and nature based activities for disabled and disadvantaged children, young people and adults in Bristol and the surrounding areas.
Therapeutic riding delivered through Avon Riding for the Disabled (RDA) remains central to the Centre’s charitable offer. Sessions support participants with a wide range of physical, sensory and learning needs, helping improve confidence, strength and wellbeing through structured riding activities. The programme supports around one hundred riders each week with the support of trained volunteers, and specialist horses and ponies.
‑ Alongside RDA provision, the Centre continued to deliver Shetland Therapy sessions and non ridden equine activities, enabling those unable to ride to benefit from interaction with horses and time in nature and more. The horse simulator also continues to support rider development, rehabilitation and training.
Another key element of the organisation’s offer is the trading subsidiary Bristol Horse Riding (BHR), which provides recreational riding lessons and equine activities. Income generated supports the charitable work of the Centre and contributes to the care of horses and maintenance of the facilities.
Regular lessons, camps, competitions and community activities continued throughout the year, providing opportunities for riders and participants to build confidence, develop skills and engage with the wider community. Social and website updates have improved during the year highlighting rider achievements, competitions, events and wider community activity at the Centre.
Page 2
## **The Avon Centre Limited**
## **Report of the Trustees**
**for the year ended 30 June 2025**
## _**Partnerships**_
The organisation continues to develop strategic partnerships to broaden its equine-related and nature based activities and increase access to the Centre's facilities.
The Centre hosts a number of schools, community groups and charities whose participants benefit from equine and outdoor activities. These include organisations such as:
- Imayla CIC – a Bristol community organisation supporting children and families from minoritised communities
- through outdoor learning, creative activity and youth development programmes.
- Bristol Autism Project – supporting children and young people with autism through specialist educational
- provision.
- Blaise High School
- Bristol Hospital Education
These partnerships enable groups who may not otherwise access equine activities to benefit from the therapeutic and well-being opportunities provided by the Centre. Trustees remain committed to developing further partnerships that expand participation and strengthen the Centre’s role within the local community.
## **Fundraising**
Fundraising and external support remain important to the charity’s sustainability. The Centre benefits from the generosity of individual donors, businesses, charitable trusts and community supporters whose contributions help sustain the organisation’s activities and equine welfare.
Support during the year has included funding and assistance from organisations such as:
- Quartet Community Foundation
- The National Lottery Community Fund
- OVO Energy
- BAWA Club
- Access Sport
- Coop Community Fund
Local businesses, horse sponsorship, individual donations and community fundraising activities also continue to make an important contribution to supporting the work of the Centre.
Trustees continue to strengthen the Centre's fundraising approach whilst exploring opportunities that support longterm sustainability and continued access to equine activities for disables and disadvantaged people
Page 3
## **The Avon Centre Limited**
## **Report of the Trustees**
**for the year ended 30 June 2025**
## **FINANCIAL REVIEW**
## **Financial position**
At the balance sheet date, the charity held £619,022 (2024 - £618,525) tangible fixed assets, mainly relating to the land and buildings (£407,401), improvements to property (£171,002) and horses (£26,215). The remaining tangible fixed assets include the equipment necessary to run the charity, maintain the property and provide lessons.
The charity held cash of £165,039 (2024 - £114,706) with net current assets of £139,733 (2024 - £98,561).
## **Reserves policy**
The charity has a clear aim to retain reserves to the level required to provide sufficient funds to cover the operating costs of the centre for a period of at least six months. The trustees are continually monitoring the position and ways of developing additional income streams to rebuild its reserve position.
The total value of reserves at the balance sheet date is £729,466 (2024 - £672,748). Of this total, £85,327 (2024 - £17,108) is held as restricted funds, and £73,173 (2024: £100,541) is held as free reserves.
## **FUTURE PLANS**
The organisation is following a carefully considered plan to ensure financial stability and maximise its benefit to users and the wider community. This includes:
Adding to the equine ridden herd
Increasing RDA lessons offered to more riders, ensuring horses and lessons are carefully matched to each rider’s needs, and promoting equality and inclusion for diverse communities.
Expanding the equine non-ridden herd
- Increasing activities that do not involve riding, benefiting schools, charity groups, and individual participants.
## Developing a range of on-site activities
Increasing horse simulator sessions, facility hire, competitions, Forest School provision, seasonal events, oneday camps, guest speaker events, and celebratory events.
## Developing the use of the site
Further involving partner groups and charities to meet their specific needs, progressing plans to fully utilise the site for the benefit of those in need and the wider community.
Page 4
## **The Avon Centre Limited**
## **Report of the Trustees**
**for the year ended 30 June 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## _**Governing document**_
The Avon Centre is a company limited by guarantee as defined by the Companies Act 2006, incorporated on 12 December 1980 and is a registered charity (no. 281648). The company was established under a Memorandum of Association and is governed by its articles of Association as amended on 15 November 1982, 25 July 2005 and 08 June 2022.
## _**Membership**_
The charity is a member group of the Riding for the Disabled Association (RDA), which is a UK based charity focussed on providing horse riding and carriage driving lessons to people with both developmental and physical disabilities. The RDA has about 500 independent groups and serves over 26,500 adults and children each year.
## _**Appointment of new trustees**_
The trustees, who are directors for the purposes of company law and trustees for the purposes of charity law, who served during the year and up to the date of this report are set out on page 5.
The Board recruits trustees as and when a clear need has been identified. Potential trustees are identified and interviewed by trustees and other selected persons as appropriate to assess the suitability to assist in the effective guidance and management of the charity. When considering the appointment of any new trustee, the Board considers the experience and contribution which the individual may bring to benefit the charity.
## _**Organisation**_
The trustee board comprises 5 independent trustees who meet on a regular basis.
During the year, the team have continued to be supported by dedicated volunteers and the trustees regularly review the organisation structure to ensure that it has sufficient staff to support its existing and future operations.
## REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number - 01534625 (England and Wales) Registered Charity number - 281648
Registered office - The Avon Centre Kings Weston Road Henbury, Bristol, City of Bristol, BS10 7QT
## **Trustees**
A M Connelly (appointed 19.08.24) C A Evans S Vincent T Knight (appointed 20.1.25) L A L Heywood (appointed 20.1.25)
This report is designed to meet the statutory reporting requirements for the Avon Centre. The charity is keen to communicate with those who take an interest in its work. Updates and further information (as available) can be obtained by e-mailing info@theavoncentre.org.uk or visiting our website at www.theavoncentre.org.uk
Page 5
## **The Avon Centre Limited**
## **Report of the Trustees**
**for the year ended 30 June 2025**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees (who are also the directors of The Avon Centre Limited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
- there is no relevant information of which the charitable company's independent examiners are unaware; and - the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the independent examiners are aware of that information.
Approved by order of the board of trustees on 26/03/2026 and signed on its behalf by:
….......................................................
S Vincent - Trustee
Page 6
**The Avon Centre Limited INDEPENDENT EXAMINERS REPORT**
## **Independent examiner's report to the trustees of The Avon Centre Limited ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the period ended 30 June 2025.
## **Responsibilities and basis of report**
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
- accounting records were not kept in accordance with section 386 of the 2006 Act ; or
- the accounts do not accord with those records; or
• the accounts do not comply with the accounting requirements under section 396 of the 2006 Act 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; or
- the accounts have not been prepared in accordance with the Charities SORP (FRS 102).
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.
Independent Examiner Martin Hobbs BSc ACA Francis Clark LLP 90 Victoria Street Bristol BS1 6DP
Date: 26/03/2026
Page 7
## **The Avon Centre Limited STATEMENT OF FINANCIAL ACTIVITIES**
## **For Year Ending 30 June 2025**
|Notes
**Incoming Resources**
**from:**
Donations and legacies
3
Charitable activities
The Operation of the Avon Riding Centre for
the Disabled
Other trading activities
4
Investment Income
**Total**
**Resources Expended**
Charitable activities
5
**Total**
**Net income**
Transfer between funds
15
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**2025**
**2025**
**2025**
**£**
**£**
**£**
54,837
96,940
151,777
116,262
-
116,262
221,771
-
221,771
149
-
149
393,019
96,940
489,959
418,332
14,909
433,241
418,332
14,909
433,241
(25,313)
82,031
56,718
13,812
(13,812)
-
(11,501)
68,219
56,718
655,640
17,108
672,748
644,139
85,327
729,466|**Total**
**Funds**
**2024**
**£**
97,479
120,385
199,459
206
417,529
384,619
384,619
32,910
-
32,910
639,838
672,748|
|---|---|---|
Page 8
## **The Avon Centre Limited BALANCE SHEET**
## **at 30 June 2025**
|**Notes**
**Fixed assets**
Tangible fixed assets
8
Investments
9
Debtors
10
Cash at bank and in hand
Creditors: Amount falling due within one year
11
**Net current assets**
**Total assets less current liabilities**
Creditors: Amount falling due after one year
12
**Total net assets**
**The funds of the charity**
Restricted Income Funds
15
Unrestricted Funds
15
**Total funds**|**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**2025**
**2025**
**2025**
**£**
**£**
**£**
619,022
-
619,022
100
-
100
619,122
-
619,122
31,730
-
31,730
79,712
85,327
165,039
111,442
85,327
196,769
(57,036)
-
(57,036)
54,406
85,327
139,733
673,528
85,327
758,855
(29,389)
-
(29,389)
644,139
85,327
729,466
-
85,327
85,327
644,139
-
644,139
644,139
85,327
729,466|**Total**
**Funds**
**2024**
**£**
618,525
100
618,625
25,899
114,706
140,605
(42,044)
98,561
717,186
(44,438)
672,748
17,108
655,640
672,748|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
The financial statements were approved by the Board of Trustees and authorised for issue on 26/03/2026 and were signed on its behalf by:
S Vincent Trustee
Page 9
## **The Avon Centre Limited NOTES TO THE ACCOUNTS**
## **For Year Ending 30 June 2025**
## **1 Accounting policies**
## **Basis of preparation**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.
The Avon Riding Centre meets the definition of a public benefit entity under FRS 102.
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
## **Group accounts exemption**
## _**Group accounts exemption s399**_
The Charitable Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Charitable Company as an individual entity only.
## **Going Concern**
There are no material uncertainties about the charity's ability to continue.
## **Judgements and Key Sources of Estimation Uncertainty**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
## **Incoming Resources**
All Incoming resources are included in the Statement of Financial Activities (SoFA) when:
- the charity becomes entitled to the resources;
- it is more likely than not that the trustees will receive the resources;
- the monetary value can be measured with sufficient reliability.
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Page 10
## **The Avon Centre Limited**
## **NOTES TO THE ACCOUNTS**
## **Incoming Resources (continued)**
Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met.
Government grants are included in the SOFA for the relevant reporting period
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable.
## **Resources Expended**
Expenditure is recognised on an accruals basis as a liability is incurred.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Tangible Fixed Assets**
Fixed assets (excluding investments) are stated at cost less accumulated depreciation. The costs of minor additions or those costing below £1,000 are not capitalised.
Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life:-
- Freehold property (land only) - not provided
- Improvements to property - at various rates on cost
- Plant and machinery - 15% on cost
- Horses - 20% on cost
- Motor vehicles 20% on cost
Impairment reviews are carried out as and when evidence comes to light that that the recoverable amount of a functional fixed asset is below its net book value due to damage, obsolescence or other relevant factors.
## **Financial Instruments**
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
## **2 Company status**
The company is limited by guarantee and has no share capital. The liability of its members is limited to £1.
Page 11
## **The Avon Centre Limited**
## **NOTES TO THE ACCOUNTS**
|**3 Donations and Legacies**
General donations
Grants
Horse Sponsorship
**4 Other Trading Activities**
Arena hire and associated facilities - Bristol Horse Riding Ltd
Arena facilities hire - General
Café Turnover
Show Income
Events and Livery Income
Other|**Unrestricted**
**Restricted**
**2025**
**2025**
**£**
**£**
45,851
7,815
8,176
89,125
810
-
54,837
96,940
**Unrestricted**
**Restricted**
**2025**
**2025**
**£**
**£**
156,029
-
18,301
-
9,017
-
18,848
-
18,576
-
1,000
-
221,771
-|**Total**
**2025**
**£**
53,666
97,301
810
151,777
**Total**
**2025**
**£**
156,029
18,301
9,017
18,848
18,576
1,000
221,771|**Total**
**2024**
**£**
86,734
10,425
320
97,479
**Total**
**2024**
**£**
144,352
11,536
7,948
14,297
20,226
1,100
199,459|
|---|---|---|---|
A charge is made to Bristol Horse Riding Limited, a wholly owned subsidiary, for the use of the centre's facilities in the subsidiary's provision of riding instruction.
Page 12
## **The Avon Centre Limited**
## **NOTES TO THE ACCOUNTS**
|**5 Expenditure on charitable activities**
_Expenditure on charitable activities_
The Operation of the Avon Riding Centre for the Disabled
Café costs
_Governance costs_
Accountancy and professional fees
Bank charges
**6 Staff costs**
Salaries and wages
Social security costs
Pension costs (defined contribution scheme)|**Unrestricted**
**Restricted**
**2025**
**2025**
**£**
**£**
393,139
14,909
1,604
-
17,247
-
6,342
-
418,332
14,909|**Total**
**2025**
**£**
408,048
1,604
17,247
6,342
433,241
**2025**
231,515
4,650
3,530
239,695|**Total**
**2024**
**£**
367,714
1,105
9,367
6,433
384,619
**2024**
203,192
8,645
3,161
214,998|
|---|---|---|---|
Number of employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000 is Nil (2024 : Nil)
## **Average head count in the year**
|The parts of the charity in which the employees work
Administrative staff and management
Stable Staff
Caretaker
Total|**2025**
Number
3
8
1
12|**2024**
Number
4
5
1
10|
|---|---|---|
## **7 Trustee remuneration and expenses**
None of the trustees have been paid any remuneration or been reimbursed any expenses in the current or prior periods.
Page 13
## **The Avon Centre Limited NOTES TO THE ACCOUNTS**
|**8 Tangible fixed assets**
Cost
At 1 July 2024
Additions
Disposals
At 30 June 2025
Depreciation
At 1 July 2024
Charge for the period
Disposals
At 30 June 2025
Net book values
At 30 June 2025
At 30 June 2024
Cost
At 1 July 2024
Additions
Disposals
At 30 June 2025
Depreciation
At 1 July 2024
Charge for the period
Disposals
At 30 June 2025
Net book values
At 30 June 2025
At 30 June 2024|**Improvements**
**Freehold**
**to**
**property**
**property**
**£**
**£**
407,401
316,068
-
11,305
-
-
407,401
327,373
-
151,702
-
4,669
-
-
-
156,371
407,401
171,002
407,401
164,366
**Motor**
**Horses**
**vehicles**
**£**
**£**
81,317
17,650
9,435
-
(5,500)
-
85,252
17,650
52,464
6,650
8,681
2,200
(2,108)
-
59,037
8,850
26,215
8,800
28,853
11,000|**Plant and**
**machinery**
**£**
93,298
473
93,771
86,393
1,774
88,167
5,604
6,905
**Total**
**£**
915,734
21,213
(5,500)
931,447
297,209
17,324
(2,108)
312,425
619,022
618,525|
|---|---|---|
Page 14
**The Avon Centre Limited NOTES TO THE ACCOUNTS**
|**9 **|**Fixed Asset Investments**|**Shares in**|
|---|---|---|
|||**group**|
|||**undertaking**|
|||**£**|
||Cost less impairment||
||At 1 July 2024 and 30 June 2025|100|
||Net book values||
||At 30 June 2025|100|
||At 30 June 2024|100|
There were no investment assets outside the UK.
The company's investments at the balance sheet date in the share capital of companies include the following:
## **Bristol Horse Riding Limited**
Registered office: Avon Riding Centre, Kings Weston Road, Henbury, Bristol, BS10 7QT Nature of business: Able-bodied riding instruction
|Class of share:
Ordinary
**10 Debtors**
Trade debtors
Amounts owed by group undertakings
Prepayments and accrued income
Other debtors
**11 Creditors: Amounts falling due within one year**
Bank Loans and overdrafts (see note 13)
Trade creditors
Other creditors
Accruals and deferred income
Other taxes|% holding
100
**2025**
**£**
3,278
22,944
3,423
2,085
31,730
**2025**
**£**
18,767
15,624
1,130
19,870
1,646
57,036|**2024**
**£**
512
23,164
2,023
200
25,899
**2024**
**£**
19,088
6,465
950
13,130
2,410
42,044|
|---|---|---|
Page 15
## **The Avon Centre Limited**
## **NOTES TO THE ACCOUNTS**
|**12 Creditors: Amounts falling due after one year**
Bank Loans (see note 13)
**13 Loans**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand
Bank loans
Amounts falling between one and two years:
Bank loans: 1-2 years
Amounts falling between two and five years:
Bank loans: 2-5 years
**14 Secured Debts**
The following secured debts are included within creditors:
Bank Loans|**2025**
**£**
29,389
**2025**
**£**
18,767
18,767
10,622
29,389
**2025**
**£**
48,156|**2024**
**£**
44,438
**2024**
**£**
19,088
19,088
25,350
44,438
**2024**
**£**
63,526|
|---|---|---|
The bank loans showing above are secured by both a first legal charge over the freehold land and a first debenture comprising a fixed and floating charge over all the assets and undertakings of the charity and bear interest at 4.5% above the base rate.
Page 16
## **The Avon Centre Limited NOTES TO THE ACCOUNTS**
|**15 Charity Funds**
_Restricted Funds:_
CRF Grant
Volunteer Co-ordinator
Forest School Grant
Bristol Westbury Scottish Country Dance Club
Sports Foundation
RDA lessons
Bertie's vet fees
_Total Restricted Funds_
Unrestricted funds:
General
Designated
Total Funds
**Charity Funds**
_Restricted Funds:_
CRF Grant
Hoist
Beyond the Gait
Volunteer Co-ordinator
Fund for payment of salaries
Course materials
Transport costs
Anniversary donations
_Total Restricted Funds_
Unrestricted funds:
General
Designated
Total Funds|**At 1 July**
**2024**
**£**
3,025
14,083
-
-
-
-
-
17,108
100,641
554,999
672,748
**At 1 July**
**2023**
**£**
-
-
6,959
-
-
-
-
-
6,959
98,793
534,086
639,838|**Income**
**£**
74,788
-
14,337
2,507
2,000
2,808
500
96,940
393,019
-
489,959
**Incoming**
**resources**
**£**
4,825
2,600
-
20,000
5,000
715
400
250
33,790
383,739
-
417,529|**Expenditure**
**£**
(10,837)
(738)
(26)
(2,808)
(500)
(14,909)
(418,332)
-
(433,241)
**Resources**
**expended**
**£**
(1,800)
-
(6,959)
(5,917)
(5,000)
(715)
(400)
(250)
(21,041)
(363,578)
-
(384,619)|**Transfers**
**£**
(11,305)
-
-
(2,507)
-
-
-
(13,812)
(2,055)
15,867
-
**Transfers**
**£**
-
(2,600)
-
-
-
-
-
-
(2,600)
(18,313)
20,913
-|**At 30 June**
**2025**
**£**
66,508
3,246
13,599
-
1,974
-
-
85,327
73,273
570,866
**At 30 June**
**2024**
**£**
3,025
-
-
14,083
-
-
-
-
17,108
100,641
554,999
672,748|
|---|---|---|---|---|---|
Restricted funds relate to monies given for specific purposes, which can be identified by the above descriptions.
Once a fixed asset has been purchased, or the funds utilised (and assuming there is no restriction upon the use of the asset), the funds are transferred to the appropriate fund.
Designated funds are unrestricted and relate to the total fixed assets at the current net book value and the remaining balance of the land loan.
|**16 Analysis of net assets between funds**
Tangible fixed assets
Investments
Net Current Assets
Long term liabilities|**Unrestricted**
**Funds**
**£**
619,022
100
54,406
(29,389)
644,139|**Restricted**
**Funds**
**£**
-
-
85,327
-
85,327|**Total**
**£**
619,022
100
139,733
(29,389)
729,466|
|---|---|---|---|
Page 17
## **The Avon Centre Limited NOTES TO THE ACCOUNTS**
## **17 Related party disclosures**
The charitable company has taken advantage of exemption, under the terms of financial reporting standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' not to disclose related party transactions with wholly owned subsidiaries within the group.
There were no transactions with related parties during the year that require disclosure.
Page 18