REGISTERED CHARITY NUMBER: 297893 Re rtoftheTr and Unaudi¢ Flnanelal temtnts e Yt#r ETrd 30 June 2 tectl Mirhael Lfflch & Partners LLP A¢¢ountants 146 High Streei Billericay CM129DF
Essex H &Pon Protection Soc" Contents of the Financial Stsiemen for the Year Ended 3 Jwne 2023 Report of ihe Trustees Indepertdent Ex&mlner's Rtp)rt Ststement of FinaTrei#l Ac¢ivities Bal¥n¢e Sheel Cash Flow Sttement Notes to ¢h¢ Cash Flow Stt¢ment Notej to the Flnanelal Sitem¢nts 8 10 13 Det•lled Si•t¢ment of FiDntial Aetlvlli 14 to 15
E&sei Horse & Pon Protection Societ ort ofthe Trustees lor the Year Ended 30 June 2023 The tsustees preseni iheir r¢port w¥th the financial staiements of the charity for the year ended 30 Jw)e 2023. Th¢ trustees hav¢ adopted the provisions of Accounting and Rewning by Chariiies.. Statemeni of Recommended Practice applicable to charities preparing their accounts in a¢¢ordance with the Finan¢ial Reporting sthpdd applicable in the UK and Republic of Ireland (FRS 102} leffect&ve l January 2019). The Charity was established on 26 Octotrr 1987. The TNstee5 forni the managing committee, whose rnembers are elected and apwinted the Azu)ual General Meetin& held in or around November in each year. The Officers are elected for the tern of three years in the case of the Chaimian and Treasurer, nvo yeaTS in the c&8e of the Secretary and one yeor in the case of all other Trustees. Olyice are elected from the membeT5hip of the ]nanaging committee. All Trustees are required to be, and rernain for the durdtion of their ternj, fvll}' paid up Members of the Charity. OBJECTIVES AND AcfiviTIES Obje¢Éive5 and aims The Charity is established to promote ani¥nal welfare and to tske all appropriate steps to protect equines from cNelty and prevent the infliction of suffering an<L where n¢¢essary. to take horses and ponies rnto car¢ for rehabilitation. The Trustees conf]rrn thai they have referred to the guidance contained in the Charity Commission's general guidanee on public benefit when reviewing the Charity s aims and objectives. ORGANISATIONAL AND DECISJON MAKING STRUCTURE All organisational and decision making is made by the Trustees at gUlar tnlee meetings. All decisions are made by majority vote. RELATIONSHIPS WITH OTHER CHARrriES The Charity is not affiliated to ans. other charitie5 but the Charity has an excellent and ¢)ngoing working relationship with various equin¢ welfaie c¢ntres LTJ the UK in particular with the RSPCA. which has proved to b¢ of great benefiÉ to both ¢harities. REVIEW OF PROGRESS AND ACHIEVEMENT The ongoing care of the horses and ponies at the Chariry's S&nctiiary rernains otsrpTincipal focus. The Charity is sittthted within one of the Enost highly horse pOplated areas in the County. As ¢ver: the Charity's servi¢es are all too regularly called upon from horse 0erS asking us to take their horse in due to the havtE]g fallen on hard financial times. The Charity continues to receive a significant alnount of calls asking for advice on equine related issues. The Trustees are happy that the objects and aims of the Charity are being xppropriatety met. The Charity currently ha5 260 horses and ponies in foster homes around the County. who are regularls. checked upon by our team of fosterillg officers, all volunteers with sound equine experien¢e. The f0sring scheme was delayed due to an ongoing case of strangl¢s on site between January 2023 and June 2023. The Sancnwy ha5 horses and ponies ctjrrently in residence. as well as 4 rescue pigs, 3 chickens. 5 goats 2nd 2 cats. All animals Iresideni and fostered) will remain under the care and ownership of the Chlty for the rest of their days. Th¢ Charity are steadfastly dedJ¢ed tn ¢nsuring they all have the best lif¢ we can give them and ensuring all their requirement5 are properly met. The san¢ary is situated on SSSI I'siie of Special Scientific Inieresi") designated land and the Charity works closely with Natural England to ensure thai all the relevant criteria 15 mei. The ChaTity planned many onsite fundin8 rn15ing events over the }'ear and has held various horse show'5. dog Shows, open days and Speci events ITr order to rdise awareness of the Charity's '0[k and to help fijnd the njnlling of the Sanctuary. Between July 2022 and June 2023 we had 39 new equine intakes. The Charity continues to be lortunaie with variou5 l¢gacie5 having been bequvathed to EHPPS, some of which have been finalised and others are siill being dealt with. Page I
x Horse & Pon Rt ort rthe Trustee5 r Ended 30 June 2023 FINANCIAL REVtEW R¢5erves polley The allached financial siatements show the current state of the fmances for the Charity. which the Trustees consider to be strong. The Charity's policy on reserves is alm to mainthin adequate funding to ethle the continuance of the Charity for a inimum of three month5. Donations cheques should be made pable to Essex HoTse 8nd Pony Protection Society or EHPPS. FUTURE PLANS The Trustees, future plan5 are to ensure lh the Chariry h&% the facilities and funding to coniinue with its much.need¢d work in equine welfare. STRUCTURE. GOVERNANCE AND MANAGEME]YT Governing doeument The ¢harity is controlled by its governin8 documeni a d¢¢d of trust and eon51itU an unineorporated charity. The Chariry is controlled by its governin8 documenL a Deed of TTUSL and constitutes an unin¢oTporated charity. Risk rnanag¢ment The trustees have a duty lo identify and review the risks lo which the charity is expts5ed and lo ensure appropriate controls are in pia¢e to provide reasonable assur8n¢¢ 48ainst fraud and error. REFERENCE AND ADMIIYISTRATIVE DETAILS Registered Chrlty number 297893 Prlnclpil Addr¢ss Pitsea Hall Lane Basildon Essex SS16 4UH Trnstee Mrs J Hill Ms D Platt Miss A J Stewart Mrs B Treadgold Mi$5 L Peny Independent Ex#rniner Michael l.etch & Parmets LLP A¢couRtants 146 High Street Billericay Essex CM12 9DF Approved by order of the lyjard of trustees on ... and signed on its behalf by.. Miss A J Stewart- Trustee Page 2
IDde ndent ExamiTrer's Re rt to the Trustees of ssex Horse & Poni" Protection Soeieii. Independent examiner's report to the Iruslees of E Horse & Pony Protection Soeiety I repon lo the charity llvstees on my examir]ation of the accounts of E5s¢x Horse & Pony Protrftion S(Kiety {th¢ Trnst) for the year ended 30 June 2023. Responsibilities and basis of report As the charity tteeS of ihe Trust you are respoTrcible for the weparation of the accounts in accordance with the requirements of the Charities Aci 2011 (Ihe Act.). I report in respect of my examination of the Tru5Vs accounts carried out under Section 145 of the A¢t and in carryin8 Out my examination I h#v¢ followed all applicable Dtre¢iions given by the Charity Commission under Section 145(5)0)) of the Act. Independent examlner's ststtment Since your charity's gTOSS income eXce¢d £250,0 your exaTniner must be a member of a listed body. I can confi] that l am qualified io undertake the examin10 because l am a member of the As51all0n of Chartered Cenified Accountants, which is one of the lisied bodies. I hav¢ ¢omplekd my examination. I confirn) that no material mallets have come to rny attention in connection with the examination givin8 me cause to believe that in any material respect.. a¢unting rccords were noi kept in re5pea of the Tn1 as required by Section 130 of the A¢i,' or the accounts do not accord with those records: or the a¢counts do not ¢omply with the applicable requirements concernin8 the fom and content of aceounis set oui n the Charities (A¢¢ounts and Repons) Regulaiions 2008 other than any requirement thai the accounts give a true and hir view which is noi 8 matter Considered a5 pan of an independeni examination. I have no con¢erns and have Come a¢n)ss no h¢T matters in conn¢ciion with the ¢xamin*ion to H,hich attention should be drnwn itl this report in order to enable a proper understhnditi8 of the accounts to be reached. Miehael Letch Michael L¢tch & P Accountants 146 High Street Billericay Essex CM12 9DF rs LLP Date.. Page 3
Essex Horse & Pon Prot¢¢tSoM Socie Statement of Financial Acti%ities the Year Ended 30 June 2023 2023 Total fvnds 2022 Total fidS Unrestri¢t fi]nd Restricted fill)ds Notes Ir4COME AND ENDOWMENTS FROM Donations and legacies 486.710 486,710 517,657 Investh)ent in¢ome Tol•l 486,718 486.718 517,657 EXPENDITURE ON Raising fvnds 5.024 5,024 10,835 Charltable actlvltks General ¢hariry activities 425.351 425.351 258,900 Tot#1 430.37S 430.375 269.735 NET INCOME 56.343 56.343 247,922 RECONCILIATION OF FUNDS Total ndS brought forward 386,678 386.678 138,756 TOTAL FUNDS CARRIED FORWARD 443,021 443,021 386,678 The noies forni part of these fll)ancia] swernents Page 4
Essex Horse & Po Protection Socie BMIBnce Sheet 2023 Totsl funds 2022 Total fill)ds Unr¢stricted Restricted fimd fun(Ls N¢5 FIXED ASSETS Tangible assets 12 10,083 16,083 11,651 CURRENT ASSETS Stocks Debtors Prepayments and ac¢nJed incom¢ Cash at bank 2.101 150 7.481 421.657 2,101 150 7,481 421,657 2,902 14 6,907 367,532 431.389 431.389 377,241 CREDITORS Amounts falling due within one y¢ar 15 (4.451) (4,451) (2.214) NET CURRENT ASSETS 426,938 426,938 375.027 TOTAL ASSETS LESS CURRENT LIABILITIES 443.021 443,021 386,678 NET ASSETS 443.021 443.021 386.678 FUNDS Unrestricted fund5 16 443,021 386.678 TOTAL FUNDS 443.021 386,678 The financial statements were approved by the Board of Tntstees ond authoris¢d for issue 2S...IOé+...l.JAX.k....... and w¢re signed on its behalf by: on A J Stewart- Trustee The notes fonn pan of these financiaf ststements Page 5
Essex Hone & Pon Protettion Soct CAsh F]ow Staternent for the Year Ended June 20 2023 2022 Not¢s Cash nows from operntlng 8rtlvtties Cash generdted from operdiions 69.380 247,649 Net cash provided by opeTating aciiviiies 69,380 247,649 Ca$14 flows from Invesilng *ctiv5tles Purcha5¢ of tangible fixed asseis Interest received (15263) {5.085) Net cash u5¢d in invesiing activiti¢$ (15255) 15,085) Change In ¢ash and t4sh equlv#leDts lh¢ reportlDg perlod Cash and cash equlvalents #t the beginnlng ofthe reporting period 54,125 242,564 367,532 124,968 Ca$h cash equlv8lents at the end of the repDrtlng period 421.657 367,532 The notes fonn part of these finan¢ial stat¢ments Page 6
orse& POD Proteetion Soc" Notes to the Cash Flow Statement for the Year Ended 30 June 2023 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTJVITIES 2023 ?022 Net Ineome for the rertIg p¢rio¢J (as per the St8temeDt of Financial Activities) Adjustments for: Depreciation charges Intere51 received Decre&se/(increA*el in IT]crew in debtors In¢rease1(decrel in credtlor5 56.343 247,922 10,831 {81 6,958 701 12.563) (449) (4,219) (724) 2.237 Net cash provided by operations 69.380 247,649 NALYSJS OF CHANGES I]Y ]YET FUNDS At 1.7.22 Cash flow At 30.6.23 Net cash Cash at bank 367.532 54,125 421,657 367.532 54,12S 421,657 Totsl 367,532 54,125 421,657 The note5 forn) part of these financial siaicments Page 7
& PODV Protection Soeie Note5 to the Finanei#l Statements f r the Year Ellded 30 June 2023 AccouiwfiNG POLICIES Bas1$ of preparing the fiDanci41 stateents The ftnallcial Staellts of the charity. which is a public benefii eniity under FRS 102, have been prepared in accordan¢¢ with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the FI[l¢la1 Reponijig Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 The Financial Reporting Standard applicable tn the UK and Republi¢ of Ireland, and the Charitie5 Act 201 l. The financial teMentS have been prepad under the hiÈtori¢#l cost conv¢ntion. Ineome All income is 08[Sed in the Statement of Financial Activities once the charity has entitlement io the funds. it is probable that the incom¢ will rtteived and the amount can be measyred reliably. Expenditure Liabilities are recognised as expendiwre as soon &5 there is a legal or constructive obligation committing the Chariiy to that expenditure, it is probable that a transfer of economic benefits will be required in settlemenr and the amount of the obligation can be measured reliably. Expenditll is accounted for on an accruals basis and has been classified under h¢adings aggregat¢ all cosi r¢lated io the category. Where c051s ¢annot k directly attribuied to particular headings they hav¢ been alloced to a1VitieS on a basis consisteni with the use (Trf resources. Tangible fii¢d assets Depreciation is provided at the following annual rnies in order to write off each asset over its estimated usefvl lif¢. Plant and machinery Fixtures and fittings Motor vehic1¢5 Computer equipment Straight line over 3 years 25 /0 on reducing balan¢¢ 25 /0 oll reducine balance Straighi line over 3 years Stocks Stocks are valued at the lower of CO and net realisable value, after making due allowance for obsolete and slow rnoving items. Taxation The charity is ex¢mpt from tax on its charithble activities. Fund accounting Unrestricted funds can be used in IordanCe with the charitsble objectives at the diretIOn of the twstees. Restricted funds can only be used for particular resrricted purposes within the obj¢rt5 of the charity. Res(riciions arise when sp¢cified b}, the donor or wh¢n funds are nis¢d for parti¢ular restricted purposes. Further explanaiion of the nature and purpose of e8th fimd is in¢1Jed in the notes to the fman¢ial ststem¢nts. Pension costs and other ¥KJSt-retirement benefit5 The charity operales a dered contribution pension scbeme. Contributions payable to the charity'5 pension scherne are charged to the Sthtement of Ftnancial ActÉvities in the period to which the), relate. Page 8 continued...
Essex Hors¢ & POD PYotertk>n Soci otes to the Finanei#l Statements- continued for the Year Ended 30 June 2023 DONATIONS AND LEGACIES 2023 2022 Donations & fund raising Gift aid Bequests & legacies Grants & subsidles 94,658 1,255 362.275 28,522 91253 3,582 413,836 8.986 486.710 5t7,657 INVESTMENT INCOME 2023 2022 Dew)sit ac¢ount tnterest RAISING FUNDS Other tradlng adivili 2023 2022 Purchases 5.024 10.835 CHARITABLE ACTIVITIES cosrs Direct Costs {see no* 6) Support colts (see nole 7) Totals General chartty a¢tÉvities 424Jll 840 425,351 DIRECT COSTS OF CHARITABLE ACTIVITIFS 2023 2022 Staff costs Insurance Computer expetjses Telephone Postage and stsrionery Vffls fees, medicines & farrier Stabltno. food and welfare costs Premises costs Repairs Motor expenses & travel Legal & professional Finance charges Equipment hire Subscriptions & licences Training Clothing Fencing & groun(twork 18,554 6,996 714 1,833 7,132 83,141 44.653 14.918 8,i98 4,439 4,179 779 5.110 159 1.631 541 110,503 107.548 6.709 1,104 7,121 23,937 12.565 6.923 3,368 4,446 756 5,880 344 823 172 14,400 Carried forward 413,680 251,222 Pag¢ 9 COTJtinued...
E55ex Horse & Po ProtectlOD Socie Notes to the Financial Statements- continued for the Year Ended 30 DIREcf COSTS OF CHARrrABLE ACTIVITIES- Continued 2023 2022 Brought fonvaTd Depreciaiion 413,680 10,831 251,222 6.958 424.511 238,180 SUPPORT COSTS Governance ¢osts General Charity activities TRUSTEES. REMUNERATION AND BEJYEFITS Leigh Perry received a remuneration of £30.430.44 (2022 £29.363.44) during the year July 2022 to June 2023. Trustees, expenses No oiher remuneraiion or reimbursement of expenses directly or indirectly out of the fund5 of the Charity was paid or payable for th¢ period to any Trusw or to any p¢rson or persons kn014ryJ io be connected with any of them. STAFF COSTS 2023 2022 Wages and sa]artes Oiher pension ¢osis 116,638 1,916 105.759 1,789 118,554 107.548 Th¢ average monthly number of employe thirin8 the year was as follows.. 2023 2022 Full time stsff No employees r¢¢¢ived ernoluments in excess of £60,(. Page 10 eontinued...
Essex Horse & POD Prote¢tion SA)C' Notes to the Financial Statements- contined for th¢ Year Ended 30 Jun¢ 2023 io. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfIviTIES Unr¢5tricted fimd Re5trict¢d funds Total ftmds INCOME AND ENDOWMENTS FROM DO1)]nS and leJts ¢ies 517.657 517,657 EXPENDITURE ON Raising fund5 10.835 10,835 haritable activities General eharity actTvities 258.0 258.900 Total 269,735 269,735 NET INCOME 247,922 247.922 RECONCILIATION OF FUNDS Total lld$ brought fonvard 138.756 138,756 TOTAL FUNDS CARIUED FORWARD 386.678 386,678 BEQUEST AND LEGACIES Note 2 10 the accounts shows Bequ¢5t and legaci¢5 of £36? 275. These lega¢ie5 are only rwognised in the accounts when they are received and there may be rther legacies due from indivtdua15 once their estates have been finalised. 12. TANGIBLE FIXED ASSETS Fixtures Plant and machtnery Motor vehicl¢s Computer equipment fittings Totsls cosr At l JlY 2022 Additions 34.704 14,013 10,976 32,819 2,859 1250 81,358 15.263 A¢ 30 June 2023 48.717 10,976 32,819 4.109 96,621 DEPRECIATION At l Jul}, 2022 Charge for year 29,189 8,6i7 5.487 lo72 32,490 87 2,541 735 69,707 10.831 At 30 June 2023 37.826 6.859 32.577 3.276 80.538 NET BOOK VALUE AI 30 June 2023 10,891 4.117 242 833 10,083 AI 30 Jun¢ 2022 5,515 5.489 329 318 All fixed ass¢ts are us¢d for direct charitable pufj)05es. Pagell conttnued...
E55ex Hors¢ & PODV Protect" Socle Notes to the Fi for the Y aDcial Statements- continued nded 30 June 2023 13. grocKS 2023 2022 Stocks 2,101 2,802 14. DEBTORS: AMouNfs FALLING DUE WITHIN ONE YEAR 2023 2022 Other debtors 150 CREDITORS: AMouNfs FALLING DUE WITHIN ONE YEAR 2023 2022 Trade creditors Taxation 2nd social security her crediti)rs 929 1282 2240 1,155 1,059 4.451 2.214 16. MOVEMENT Ir4 FUNDS Net movement in funds At 30.6.23 Ai 1.722 Unrestricted lulld$ General fid 386,678 56,343 443,021 TOTAL FUNDS J86,678 56,343 44J,021 N¢t tnovement in funds, included in the above are as follows.. Incoming Resources resources expend¢d Movement in fimds Unrestricted funds General fund 486,718 (430,375) 56,343 TOTAL FUNDS 486.718 1430,375) 56,343 CompgT4tives for movement funds Net mOeMent in fimds At 30.6.22 At 1.7.21 Unrestricted hnds General fund 138,756 247,922 386,678 TOTAL FUNDS 138,756 247,922 386,678 Page 12 ¢ontinued...
EI Horse & Pon Notes to the Finaneial Staternents- ror the Y¢ar Ended 30 Jume 2023 16. MOVEMENT IN FUNDS- contlnued Comparativ¢ net movement in fimds, in¢luded in the alK>ve are a5 follows: Incoming resour¢es Resour¢e5 expended Movement in ndS Unrestrlcted funds General n 517.657 {269.735) 247.Q22 TOTAL FUNDS 517,657 (269,735) 247,922 A current year 12 months and prior year 12 months combined position is as follows.. Net rnovem¢nl in funds Al 30.6.23 At 1.7.21 Uortstri¢ted lunds Gerterdl nd 138,756 304,265 443,021 TOTAL FUNDS 138.756 304265 443,021 A ¢urrcni year 12 months and prior year 12 months Combin net movemem irt funds, included in the above ar¢ as follows: Incoming resources Resources exp¢nded Movement in funds Unreslrlcted funds General fund 1,004.375 (7cJ.] 10) 304,263 TOTAL FUNDS l.(K)4.375 (700,110) 304,265 17. RELATED PARTY DISCLOSURES There were no related party transadions for the year ended 30 June 2023. Page 13
Essex Horst & Pon Protection Sorie Detailed Ststemtnl of Financial Attiviti¢s for the Year Ended 30 June 2023 2023 2022 Ir4cofiKE AND ENDOWMENTS Donat10115 and legacles Donations & fund raising Gift aid Bequests & legacies Grants & subsidies 94.658 1,255 362,275 2R.£?? 91,253 3,582 413,836 S,986 486.710 517,657 nve5tment income D¢posit account int¢r¢st Totsl iacoming resourees 486,718 517.657 EXPENDITURE Other trading artlvities Fundraising expenses 5.(Y24 10.835 Charitsble activltle$ Wag¢s Pensions Insurance ComputeT expenses Telephi)ne Postage and ationery V¢ts fees, medicines & farri¢r Stablin& food and welfare costs Premises ¢osts Repairs fvqotor exFtnses & travel Le8al & professional Finance charges Equipment hire SubscT2Ptions & licences Training Clothing Fencing & groundwork Plant and machinery Fixtures and fittiny Motor vehicle5 Computer ¢quipment 116,6)8 1.916 6.996 714 1,833 7,132 83,141 44.653 14,918 8.398 4,439 4.179 779 5.110 159 1.631 541 110.503 8.6i7 1,372 87 735 105,759 1,789 6,709 1,104 1,312 7,121 53.814 23.937 12,565 6.923 3,368 4.446 756 5,880 344 823 172 14,400 4,700 1,830 110 318 424,511 258,180 Support costs Governance eosts Accountancy fees 720 This page does not fonn part of the statuiory fmancial statements Page 14
Essex Horse & Pon Prot on Soel Detailed Staternent of F'nanei21 Actiyities for th ear Ended 30 2023 2023 2022 Total resour¢es expended 430,375 269,735 Net in¢ome 56,343 247.922 This page doe5 noi fom7 part of the statutory fmancial siat¢rnents Page 15