Ckvdand Bay Hor8¢ Soeiety of the United Klngdom (a company Ilmlted by gurntee) Trustees rep)rt and unaudited finaneial statsments for the year ended 31 May 2025 CompaDy no:110022866 Charity no: 293872
Cleveland Bay Horse Soclety ofthe United Kingdom (a comp*ny limited by guarantee) Financlal Statements for the year eoded 31 May 2025 Contents Trnstees report Independent examinerf5 report Ststement of financial activities Balance sheet Note% io (he financial swements 10-17
Ckveland Bay Horst Society ot the Unlted Kingdom (a ComnY limited by guarantee) Trustees Annual Report for the year ended 31 May 2025 The In]%lees who are al$0 directors of the charity for the pury)oses of Ihe Companies Act 2006. present their report with the financial statements of the ¢hariiy for the year ended 31 May 2025. The tsusteeq have adopted the provisions of Accounting and Reporting by Charities: Sthtemeni of Recommended Pwti applicable to ¢h#rities preparing their accounts in a¢cordance with the Financial Reporting Stgmdard applicable in the UK and Repvbli¢ of treland (FRS 102) {efftiv¢ l January 2019). OBJECTIVES AND ACTIVITIES Objectives and Aims Tli¢ objecis for which The Cleveland Bay HoTSe Society is established are (l) encourJ8e the breeding and improvem¢n¢ of horse5. Particularly the Cleyeland Bay: (2) io improve rhe genal stsndaTds in the Manemen[ use and treatment of horses generally, and of the Cl¢veland Bay Horse in particular, by facilitating the distribution and iwuisition of knowledge dnd l¢arning among breeders. owners, judges, v¢l¢rinorian%. trniners and members of the publi¢: (3) lo provide or assist in thc provi5iOD for the public benefit. of facilities for recreation or other leisure time cupatiOn, through the use of horses. but confined to facililies provided in lh¢ interests of social welfare with the meaning and so as to satisfy the requirements of the Recreaiional Charities Act 1958- and (4) io prevent cruelty to and promote the welfare of horses. Signlflcant actlvltles Ti]¢ provision of premiums w Cleveland Bay breeders encourages Cleveland Bay breeding and subsidises bleeding costs. in order to improve breed population and genetic viability. Promoting the Cleveland Bay throubyh the annual glIne, newsleit¢rs. shows and other direct promotion. including the website and sncial media, provides a framework for Cleveland Bay breede and ¢nthusiasis io engage with each other. exchange i'iews and promote awar¢nes5 and use of th¢ Cleveland Bay. ACHIEVEMEwf AND PERFORMANCE Charitable activities The chariiy. unfortunately. continues to battle with the cost-of-living crisis and the subsequeni effects this hd% on the membership and breeding progrdms. Horse shows continue to provide Cleveland Bay classes, wilh a couple of new shows bringing back ihe Cl¢velllnd Bay classes. Although enlry numbers were still low, ur leslgi in part because of Ihe high cosi of fuel, numberq are slowly rising. The shows are a fanf&StiC way io show ce our breed to the general public and equestrian world. We continue io provide a breed sllind at the Royal Windsor Horse Show and the Great Yorkshire Show, all of which generated interest and revenues from merchandise gales. The sIety ha4 raised a .4mall amouni of money through the sale of calenda. The cost of the production kindly COV¢r by a third party allowing the CBHS to receiv¢ the full amount rni5ed. Although this is extremely generous. financially the CBHS n¢ed to increase th¢ fund raising help further towatds the fjnancial requirements of the HBLB grant and the running costs of the office. We werc able to use ihe HBLB grdnt we secured in June 2024 provide suppon to br¢eders and hotse show prtIcIpnIS to promote the breed. Additsonal granL8 were offered to our bre¢deTS to help reduce the aiiiount ot underspend from previous years. These grants were able io help lowards Ih¢ Collection and sli)rnse of %emen from licenced bt#llions ¢0 preserve valuable genetics for future years. Page I
Cleveland Bay Horse Soclety of the United KingdL)m (4 compony Ilmlted by gu4r¥ntee) Tnjstees Annual Report for the year ended 31 May 2025 Providing Fre¢ registrations for our overseas members remains 5ucce55ful along with breeding 8rants. The rcgisrrations mu%t now be applied for within 6 month4 of age io bring ihe overseas registrations in line wilh the DEFRA rules the UK abides by. Both have been received well. As a sle[Y we continue to promotc go(Kl welfare practices and to provide all members and non- members with access to inforniation provided by other organisations should ¢on¢ems arise regarding horse welfare. Ihe LBH.3 have become a member of Ihe National Equine Welfare ChaTi(y {NEWC) wttich is an organistaion solely for animal w¢lf4re. The organisauon provides valu¥ble infortnation. meetings and works alongside a large number of equine chllrities, all with the same goal of promoting and supporting equine enthusiasts about the importance of good animal welfare and provide correci procedure should concerns be T]ie CBHS organisied and held Ihe firsi educational horse camp in 2024 for members and non-memben. The camp w&$ designed to help provide fun educational lessons for owners with their horses of all abilities and as¢ts and providc a v¢nu¢ for $ocittlizitts with fcllow Clcvclat)d Bay cnihu5Arist3. Thcrc was a totol of 21 bors&s thai uttended Somerford Camp for the weekend with the majority b¢ing Cleveland Bay& bowever. we welcomed non Cleveland bay hors&s to the ev¢nt. All attending w¢re able io m4ke full us¢ of th¢ facilities ot Somerford camp which included a farm rtde, outdoor arena and a cross Coun course. All attending ld a lesson from iwo fantastic iftstructor& tailored to rhe abiliiy of those participating. The HBLB funded the in4tructors attending the event to provide education to those with horses either ridden or in hand. to gain gre&ier confidence and encourage them tuke their hors¢¥ to shows or riding club ¢vents and promote and marke( the bre¢d. The weekend wa5 a great succe&s and anoiher camp in 2025 ha$ been or8aniKd at a n¢w Iocthion of Fields Farni. Our membership currently stands at 196. this is broken down as 160 UK members and 36 Overseas from 5 different c()untrie&. TnJqtreN continued to conduct council rneeting% via Z throughoui 202412025. and f4 trAal of 9 Council meetings were held. with approved minutes pos*d to our website for member ac¢ess. FINANCIAL REVIEW Investment policy and objectives The CBHS has the tM)wer to make any inYestsnenLS as authorised by the trustees. Ruerves policy li remains the policy of the company to maintain UnStrICted funds, which are the free reserves of the charity. at u level provide sufficieni funds to cover management and administration costs. The adeqUY ot the reserves policy is reviewed annually. Archive mgterigl The Society holds a variety of ?h]ve matrrial that is not included in either fixed assets or stock as there i nii known hislorical cost. A professional valuation of the material was conducied during ihe y¢ar ¢nded 31 May 2015 und i( was &8timated to be worth around £12.000. A $¢l¢¢iion of these items is currently stored at th¢ North Yorkshire Records Office INYRO) and can be seen by prior arrangement. Page 2
Cleveland Bay Horde Soclety of the United Kingdom (a company Ilmlted by guarantee) Trustets Annual Report for the year ended 31 May 2025 Not of the aT¢hiv¢d maierial Is held by the NYRO and dupli¢aie copi&s of some of the old Stud bwks and mdgdzine4 are Currently being sold by au¢rion or at our trdde stand at show5. FUTURE PLANS We coniinue io work wilh the Rare Breeds Survival Trnst to promote the use of SPARKS typ¢ breed managemeni by other breeds and to s¢¢ure a more resilient future for our own schem& SPARKS has now been added to the grnssroots module wM"ch is available to all member5 to use at all titne5 Of the year. The Cleveland Bay Hor.4e Society a150 work.s with parlncr organigaiions to a55i5t with positive promotion and support for our breedeTS With their breeding progrdmmes. We continue to look into modern advances in breeding technologies and how these can be used eff¢ctively by our members. STRUCTURQ GOVERNANCE AND MANAGEMENT Governlng document Thc chaTily 1% ri>nLTvll¢d by ils goveming documenL a dd of trust, and constitutC5 a lijnitcd tPany1 limited by guarante< as defined by the Companies Act 2(M)6. The C.levelund Bay Horse Society of the United Kingdom was fonned as a private limited company under a mem(irandum & article% of &ssociaiion on 6 July 1886. The compuny has no $haTe Capital and is limid by guarde. On I l March 1980. the Cleveland Bay HOT5¢ Siety of the Uniied Kingdom wag aCcepd gs a registered chariiy. Recrultment and gppointment of new tn All Irustees are DI10rS and Council members. M¢Mr$ of council ar¢ elected for a 3 year terni. The society members. elect new council members annually. OrgatiisationA] structhre The policy and 8enerJl management of the affairs of the company aTe directed by a council. which con8i8is of up to 15 Iru.siees. The curr¢nt ¢ouncil h&$ 10 mcmbcrs fmm which 4 Chair artd Deputy Chair are apInted. The day-t041ay office duties are carried out by a volunteer, who consults with th¢ chief offlcer. cominittee Chuirs. ttEasvrer. chair, company wret8ry. 4nd mem1Th of the council as required. The council meeis at leasi 6 limes a year. or as and when necessary. Risk mnagement The society reviews risk at its council meetings and an accounts overview forms pan of these scheduled meetings. The prin¢ip¥l identified risks haye included loss of revenue due to reduced numbers of passports being i%5ued during the pandemic. Passport i55uance was improved in 2023124 and continues in 2024125. The office conlinues lo be run and operaied by a volunt¢er. Council has started to invesligale how to future proof the office operntion io ensure continued registrduon of ClevelaDd Bays and other equines and the operaiion of Society bustness. Page 3
Clevdand Bay Horst Society of the United Kingdom (a company limited by guarantee) Trustee5 ADDual Report for the year ended 31 May 2025 There is also an historic problem with UK memberyhip recruitment and retention, however. the overs$ member%hip 1$ Still increasing. REFERENCE AND ADMINisfK4TIVE DETAll Registered Company number O(K)22866 IEngland and Wal&sl Reglstsred Charity number 293872 Registered offlce 4 Wharfe Mews Cliffe Terrdce Wp.thp.rhy Weqr Yorkshire LS22 6LX Trtee5 Margaret Rose Brown Elaine Keith SIh Kirk CJiherine Margarct L£a Claire ofonnell Norn]a Wil¥on Danicl Crucknell Karen Wylie Apwinted 2024-25 Matthew Sionehouse TiernLy Hill Terni expiird 2024-25 Helen LanL Beverley Heffernan Lesley Ann Ornnge Henry Ednionds Heidi Lorefice Page 4
Cleveland Bay Horse Society of the Unlted KIDgdom (a eompany limited by guarantee) Trnstres Annual Report for the year ended 31 May 2025 Tmsurer Catherine ] COmnY Secretsry therin¢ Ixa IndepeJ)deD¢ Examlner The Barker Partnership LiTnii¢d 24 Htgh Sireet Pateley Bridge HamTr8dte HG3 5JU TRUSTEES, RESPONSIBILITY STATEMENr l-h¢ trustees (who a also the direcioTS of Cleveland Bay Horbc kniriy vf Uiiited Kiii8dom (Limitrd by Guarantee) for the purposes of company law) are responsible for preparing the Trustees, Report and the financial siaiemenis in accordance with applicable law and United Kingdom Accounting Sw)dards (United Kingdom Generally Accepd Accounting Practice). Comwdny law requi% Ihe tru%iees Eo prepare financial stsiemenLs for ¢h financial year which give a twe and tdir view ot the slate of affair5 of ihe charitable company and of Ihe incoming resources and appli¢aEion of resources, in¢luding the income and expenditure. of the charitable company for that period. In preparing those financial srat¢ments, the trustees are required to ¥elect suiTable accounting policie4 and then apply them consistently. - observe ¢he methods and principles in the Charity SORP; - illake judgements. and e%tim8tes thai are reasonable and prndent; - prepare the financial statements on the going concern basis unlass it is inappropriate to presume thar the charilable [npanY will continue in bu%ines8. The tru4tee.s are responsible for keeping proper accounung records which disclose with reasonable accurncy at any time the financial position of the charitable company and to enable them to ensure that the fLtwicial .qlai¢nients comply with the Companies Act 2006. They are also $nSible for safeguarding the ass¢t4 of the chaTitabl¢ company and hence for taking reasonable steps for ihe prevention and dection of fraud and oth¢r irre8uloriiies. These finiincial %tat¢menik have been prepared in accordance with th¢ sp191 provision% for small conipanies under part 15 of the Companies Art 21X)6. This Yeport WEL% ucceoted by the Trus*es at a m¢¢tins held OD its bdialf by and signed on Catherine Mgrgaret tA- Trustee Elalne Ke4th. Trustee Page S
Cleveland Bay Horse Society of the United Klngdom (a comp•ny limited by guarantee) Independent examlner's report to the trustets on the unaudited s¢atemeDts of Nidderdale Agriculiyr81 Soeiety for the year ended 31 May 2025 I rep()rt on the a¢couniS of Cleveland Bay Horse Society of th¢ United Kingdom (Limited by Guarantee) (charity number 293872) for the year ended 31 May 2025 which are set out on pages 7 to 17. RWivL responsibilities of trustees Ydnd independent examlner TIK churiiy's tnJ%iees are r&swnsible for ihe preparation of ihe accounts. The tsit8i¢es consider that an audit is not required for this year under Part 16 of the Companies Aci 2006 & section 144(2) of the Charities Aet 2011 (the 2011 Act). and that an independent examination is needed. It is my responsibiliry to: examine the accoun18 under section 145 of Ihe 2011 ACL to follow the proeedur&% laid down in the g¢nerdl direction8 given by the chaTiry commission under section 145(5)Ib) of the 2011 Act. and - to st*e whether particular Mat[5 have come to our attention. Basls of independent exgminers statement My examination was caled oui in accordance with general directions given by the charity commission. An examination includes a review of (h¢ accounting records kepi by the charity and a comparison of the accounts pre&ented with tho8e records. It also includes considerntion of any unusual items or disc105ures in the accounts and seeking explanations from all tfUsi¢es concerning any such matier5. The procedures undertaken do not provide all the evidence thai would be required in an audil, and ¢onsequ¢nUy no opinion is giv¢n as to wether the accounts present a 'true and fair view, and the report is limited to those mattets sei out in the 5tatemeni ixlow. Independent examlners statement In the course wilh my examination. no mauer has come lo my aiiention. (i) which gives me reasonable cause to believe that in any muterial respect the requiremenis.. io ke¢p pmper accounting records in accordance with section 386 of the Companies Act 21))6. to prepare accounts which accord wilh rhe accounting records, comply with the accounting requiremcnls of section 396 of thc Companies Act 2(M)6 and with the methods and PTinciples of Ihe Siaiement of Recollllnended Practice.. Accounting and Reming by Chariues have not been met; or (li) lo which, in my opinion. attention should b¢ drdwn in order 10 enable a proper und¢rs¢andift8 of the accounts. io be reached. . J Isw Syb IoL5 Stuthrt Strike MATT- Indepe#dent Examlner The Burker Pdrnierthip LiMid Chartered Accounthnts 24 High Sir¢ei Paieley Bridge H4rOgate. HG3 5JU Page 6
Clevd2nd Bay Horse Soeiety of the United Kingdom (a company limlted by guarantee) Ststement or rinaJ¢l*l activities for the year ended 31 May 2025 Unrestricted Restrlcted Funds Funds 2024 Total Incoming resour$ Incomlng aDd endowments from: Donation% and legacies Chtable #Kuvities Other trading acts"vitt"es Investmenis 1.683 14.841 419 1,368 27.000 28,683 14.841 419 1.368 29,879 11.295 757 TotAI 18.311 27.000 45.311 42,995 Rosources expended Expenditure on: Raising fuiids Charitable uctivities 6,&54 10,155 38.036 1.140 44.690 11.295 32,689 8,657 Total 16,809 39,176 55.985 41,346 Net income l {expendIre) Transfers between funds 1.502 (5.400) (12,176) 5.400 {10.674) 1,649 Net movement in funds In yeAr 13.898) (6.776) (10.674) 1.649 Reconcllialion 0¢ funds Tnial fund% brought forward 16 75.160 14.161 89.321 87,672 Total funds carried forward 16 71.262 7.385 78.647 89,321 The staiement of financial actsviti&8 includes all gains and losses in the year. All incoming rewurw and resources expended derive from continuing activities. Page 7
Cleveland Bay Hone Sodety of the United Kingdom (a company limited by guarantee) Balance sheet at 31 May 2025 2025 2024 Notss Flxed Assets Tangible a%sets 24.289 24536 CurreDt Assets 1,620 759 86.177 1,620 ,067 70.889 Cash at bank and in hand 88,556 73,576 Creditors: amounts falling due within one yegr 12 (14.198) (R.791) Net Current &ets 54.358 64.785 Tots] Assets Current Llabllitles 78.647 89.321 The funth of the charity Restricted fund5 Unr&stricted fund8 7.385 71.262 14,161 75,160 16 Total charity funds 78,647 89,321 The directors. statements requitrd by Section 475(2) and (3) are shown on the following page whith forn part of thi% Balance Sheet. The notrs on pages 10 to 17 fonn an Integral part of thwe fiD4naal statements. Page 8
Cleveiand Bay Horse Sodety of the United Kingdom (o company Ilml¢ed by guarantee) Balance $Iet (continuedl Dlrtttors, statements required by Seetions 475(2) and13) for the year ended 31 May 202S In approving ihele financial sta¢menis as dIrecr of the company we hereby confirm= (d) that for the ye4r sthted tt¥¢ the company w&s entitled to the exemption conferred by Section 477 of the Companies Act 2(M)6 . (b) thai no 1¢¢ has b¢¢n d¢posited at the registered office of the company pursuant to Sectsoft 476 requesting that an audit be condu¢*d for the year ended 31 May 2025 ' and (cl that we acknowledge our spOnSIbl1111¢S for: { l ) en4uring that th¢ eompany keeps accounting records which comply with Section 386 . at (2) preparing fjnancial statements which give a true and fair view of the state of affairs of the company as at ihe end of the fjnancial year and of its profit or 1055 for the year then ended in accordance with tbe r¢quiremenrs of Section 393 and which otherwiqe Comply with rhe pmviqions of the Companies Act relating to financtal siatem¢nts. so far as applicable to the company. These account5 have be¢n pr¢pared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). issued 16 July 2014. with the Clwities Act 2011 & the Companies Act 2006. Tlle finiincial ststements were approved by the Board of Trn&e$ on ...... it% beh#lf by . and signed on Catherlne Margaret - Trustee Reglstratlon number111)022866 The notes on pages 10 10 17 forni an Integral part of these fmancial statement Page 9
Cleveland B2y Horse Society of the UDited Klngdom (a company limlted by guarantee) Not¢s ¢0 th¢ fin•Jx¢Sal s¢at¢mcnts for the yegr ended 31 May 2025 Basls of preparing the financlal statements The financial 8tatemenls of the chariiable company, which is a public benefii entity under FRS 102, haye Eeen prepared in accordance wlth the Charities SORP (FRS 102) 'Accounting and Reporling by Chties. Statement of Recommended Practice applicable to charities preparing their accounts in cordanc¢ with the Financial Reponing Standard applicable in the UK and Republic of Ireland (FRS 1021 {effective l January 2019)., Flnanclal RepoTtlng Sndard 102 The Ftnanclal R¢poning Stand[d applicable in the UK and Republic of Ireland, and the Companies Act 2006. Th¢ financid statements hav¢ b¢¢n prepared under the historical cosi convention. 1.1. Fund accountlng Unrestric1 funds Can be used in accordance with the charitable objectives at the discretion of the Ra%u1Cd fund5 Gan oNly b¢ uird fvr wdt(i¥ular yuiw WAthin the obj¢Gts of t chari¢y. R&%trictions arise when specified by the donor or when funds are raised for particular restrithd Further explanation of th¢ natUTe and purpose of each fund is included in the notes to the financial tutements. 1.1 Iwomlng resonrces Recognition of assets and income IoMe is recognised in the Statement of Financial Activitie5 (SOFA) when a transaction or other event resulLs in an inCe in the charitys assefs or a r¢duction in its liabilities. Income is only Tecognised in rhe aOunt5 when all of the criteTia regarding eniiilemeni. probability and m¢&surement are met. Recognltlon ofdonatlons and legades TnLome is only recognised in the accounts when all of the eritsria regarding entitl¢ment, probability and m&L4urement ure met. In the Ca of a don£ition. en(idem¢nt lieS imtnediately upon its receipt. RecognltloD of grant income In the case of the Horsernce Betting Levy Board restricted grdnL the income is recognised in the ccuunts on the uccrudls basis. Recogni¢ion of charitable activititt Income Income is only r¢¢ogniqed in the a¢¢ountq when all of the criteria regarding entitlement. probability and Ine15uremenl are met. Recognition of investment income Incume from inter¢5f is Tecognised when its receipt is probabk and the amount receivable can be Inedi%ured accurntely. P48e 10
Cleveland BAY Horse Soeiety of the United Kingdom (a company limited by guarantee) Notes to th¢ f¢11 statemtnts for the year ended 31 Mly 2025 . continued 1.3. Recognition of resources expended Expenditure is the amount of a charity's resources thai have been $pMt or othen¥ise used in carrying out its activiti&S. An expense results in either a decrea&e in the charity's assets or an increase in its liabiliiies. Liabiliti¢4 and expenditur¢ are only recognised in ihe financial SEatements when all of the criiLria regarding entitlemenl. probability and measurement arc met. 1.4. TranSartiOt with trnstees and related partles During ihe year. the Chariiy did not remuneral¢ or provid¢ benefits to any trnstees. No expense% were paid to tTU%te&4 and there are no transactions with rela*d partie4 to repon. {2024 £nil.) 1.5. Tangible fixed assets and depreciatio Depreciaiion is provided at rai&% calculated to wriie off ihe cost less residual value of each asset over its expect¢d useful life, as follows: Plant & equipment Computer equipmeni 15% on a reducing balance b&siS 33.33% on a reducing balance basis Trophie5 ure dePCIaled and are included 81 I7r mgrket value. This is a deparnire from the genernl requirement of the Companies Aci 2006 for all tangible assets w be depreciated. 1.6. Stock st(k 1$ vttlued at ihe lower of cost and net 811le value. after making due allowance for obsole and slow moving il¢m5. Donatio1 and leg8eles 2025 2024 Donations. GrdnL% and HBLB 28.683 29.879 28.683 29.879 Page li
Cleveland Bay Horse Sodety of the United KIDgdom (a company ilmited by guarantee) Not to the financial Statements for the yr ended 31 May 2025 . continued Charltable activlty Intome 2025 2024 Subscriptions Stud book sales InsFEction and premium income Pure and part bred fees Promotion go(yJs sold Brilish horge passport income Oversets regi%¢ratiorkS masu.ine aml advert incom¢ DNi% iesting Prefix income Micr¢Khips P¢rtornMnce award 5¢heme Sundry reIPtS Postage and packaging i0¢ Shavings rnffle 100 Club st110[1 licence appliuiion8 2024 Somerford Camp income Rowena pri£e %poNor¥hip 7,963 43 6.353 75 2.1(Ki 790 2,010 715 50 30 110 360 5LKJ 210 15 15 65 io 30 532 156 3,110 350 14,841 11.295 Other tradlng getiviti 2025 2024 Show income AGM income 475 282 419 419 757 Page 12
Cleveland Bay Horse Soeidy of the United Klngdom (a company limited by guarantee) Notts to th¢ flnancial Jtatemcrtts for the year ended 31 May 2025 . ¢ontinued InvLthents 2025 2024 Deposit aecount intert4t 1.368 1,064 1.368 1.064 Raising funds 2025 2024 Charitable activities Sundries StOL'k movement Stallion, mslre & foAI premiums DNA testing Senien expenses Show and stallion sho* expenses Prelix expense$ Advertising CoD?pvter website costs P¥port expenses Pr¢ breeding patrons gift Overseas regisTlOnS grants CEM grnnt Ti&%ue banking Al mare grant Mare travelling grant Sh()w %pon40rs awards and prize 2024 Somerford camp costs 2025 186 2024 374 14.650 2.023 1.248 5.790 205 23.545 2.350 6.088 73 216 356 2,029 218 108 900 900 .760 894 1,408 1,319 892 144 1780 955 1084 44,6 32,689 Page 13
Cleveland Bay Horse Soclety of the Unlted Klngdom (a company limited by guarantee) Notes to the flnancial statements for the ytar ended 31 May 2025 - continued Other Insuranee Bank charges Deprecilon of fixed assets Po%iage and telephone PIO SUPFM)rt Con)puier software expenses Annual rneeiing eXnSeS MaLaziThe printing expenses Legal and prof¢ssional f¢¢s Registered office address Pediweb set up and support NEWC subscription IndLTKnden¢ Examiners Fees Prolii and loss suspense 2025 1.225 2024 1,211 161 303 1.423 188 1.120 378 1.051 314 247 2.368 43 .336 1,529 825 524 150 2,160 650 2J( 11,295 8.657 Page 14
Cleveland Bay Horse Soelety of the Unlted Klngdom (a company limlted by gT•tee) Notu to the finaneial statements for the year ended 31 May 2025 . ¢ontinued 9. Tangihle fixed Assets Computer Plant & Trophles E1MEn¢ Cost l June 2024 23.025 7.998 31.023 At 31 May 2025 23.025 7,998 31.023 At l Jiin¢ 2024 ChargL for the year At 31 May 2025 Net book values Ai 31 May 2025 &487 247 6,487 247 6,734 6,734 23.025 1264 24.289 At 31 May 2024 23.025 iJii 24.536 Cost or valualion at 31 May 2025 18 repruenied by: Conwllters Pknttt & Trophits Equipment Total Valuation in 2022 10.18.fj 12,840 10.185 20.838 7.998 At 31 May 2024 23,025 7.998 31.023 If tropl)tes had not been revalued they would have been included at the following historical cost of £12.840.131 May 2024 £12.840) Page 15
Cleveland Bay Horse Soeiety of the United Kingdom (a eompany limited by guarantee) Notes to the financlAI stgtements ror the year ended 31 May 2025 . continued 10. Stocks 2024 C104ing s[k of souvenirs ,620 1,620 During the year ended 31 May 2015, archive material was professionally valued and its cutteni market valije was &stimated to be £12,(M)O. The Society also has a stock of froien semen in stornge at Stallion Al Services consisung of the following.. Penrhyn Tsar I I dose% Bantry Bere 10 do%e% Whitehouse Statesman 20 doses Oakenbank Grenadier 20 doses Penrhyn Ari%tocrat 15 doses Fenton 40 d&ses The Society pays for storage of the semen and may occasionally sell it at prices to be negotiated with the purchaser and in compliance with agreements that may have been made with the donors. No historical cost regarding this archive material or frozen 5emen has previously been included within clo&in8 41k and neither is included in the above stock valuation. I l. DehtDf5 2025 2024 Preimyments and accrued income 759 1,067 11 Credltors: amounts falllng due wlthin one year TraLle crediiors Deferred income Accruals 2025 2024 387 31.651 2,160 564 5,827 2,400 34,198 8.791 13. Company Llml¢ed by guarantee The Society has no share capital as it is limited by guarantee. Page 16
Cleve]aDd Bay Horse Society of the Ullited Kingdom (2 company limlted by guargntse) Note5 10 the financlal ststements ror the year ended 31 May 2025 . continued l& Taxallo The Charity'% activities full within the exemptions afforded to Charitable Companie5 under sectson5 46() to 493 of the Corpordtion Tax A¢1 2010 ICTA 2010). Accordingly. there is no corporation tax liability provided on ordinary aciivitie%. IS. Related p4rty transactions It is u requirement of the Society for all trusi¢e5 to be members. As at 31 May 2025, all members had paiil their subseriptions. 16. TotAI funds Transfers In & Ineomlng r¢sourtes TrwL%Eers out & (Puigoing resourc&¥ At lJun24 At 30 M4y 25 General funds Unrestricted funds 75.160 18.311 {22.209) 71,262 Restricted funds Hor%e Race Betting Levy Fund 14.161 32,4(KJ 39.176 7.385 Purposes of unrestricted funds Unitstricted funds comprise those funds which the trustees ar¢ free to use in accordance with the chariuble objectives. Purpose of trIcted funds Reltricted funds consist of the HBLB Grani. The purpose of the grant is to increase awareness of the Cleyeland Bay horse and sct up a programm¢ io encourage breeding of foals io hclp to take Ihe breed ou( of Il)e rar&%t RBST Caiegory l and ensure the continuation of the breed. Transfers between funds Duiing the y¢ar, £5.400 of unrestricted funds were transferred to reytricted funds to cover the Clevelznd Bd) HoThe Society's 20% contribution toward% the HBLB Grants re1ved. in line with the conditions of recL'ivin8 ihe Grnnt. Page 17