REGISTERED CHARITY NUMBER.. 297893 Re rt of the Trustees and Un8uditwJ Fin4n£lal Ststements for the Year Ended 30 June 2024 for Essex Horse & Pon Proteetion So¢i¢t Michael Lelch & Partners l.LP Accovntants 146 High Street Billericay F.5SCX CM12 9DF
x Horse Protectio ociet Contents of the Fin#neial Ststements for the Year Ended 30 J 2024 Page Report of the Trustees Independent Examin¢r's Report Statement of FiDAncial Aetiviti Balanee Sheet Cash Flow Sthtement Notes to the Cash Flow StatemeTrl Notes to the Flnancial Statcments 8 to 13 Detsiled Ststement of Financial A¢tlvltie5 14 to 15
Essex Horse & Pon ProtectioD Societ Re rt ofthe Trustee5 lor the Year End¢d 30 June 2024 The trustees present their report with the tiDancial staternents of the chaTity for the year ended 30 June 2024. The trusiees have adopted the provisions of Accounting and Reporting by ChaTities= sleM¢llt of Recommend¢d Practice applicable to charities preparing their accounts in accordance with the Financial Report Standard applicable in the IJK and Republic of ireland {FRS 102) (effective l January 2019). Thc Ch8rity Vds established on 26 October 1987. The TNst¢es fomi the manag4ng committ¢¢. whose m¢rnbETS arc elected and appointed at the Annual General Meetin& held in or around November in caLh year. The OlcerS are electcd for the terms of tiwec years in the case of the Chaimian and Tre&surer. two Yea ID the Lase of th¢ Secretary and one year in thc ¢ase of all other Trustees. 'fhe Otricers are elceted from thc rncmbership of the managing committe¢. All 'fn]siees are required to b¢, and remain for the duration of their tcrni, fijlly paid up Members nf (he Charity. OBJECTIVES AND ACTIVITIES Objeetives and aims The Charity is established io promote animal welfare and (o tske all appropriate steps to protect eqllines from cruelty and prevent lh¢ infliction of sutTering and, where necessary. to take horses and ponies into care foT rehabilitation. Thc Trustees confjrn) that they have referred to the guidance ¢ontained in the Charity Commission's general guidance on public benefit when reviewing the CharlS aims and objective5. ORGANJSATIONAL AND DECISION MAKING STRUCTURE All organisaiional and decisi(Jn tnaking is made by the Trustees at regular m15tee meetings. All (kcisions are made by majority vote. RELATIONSHIPS WITH OTHER CHARITIES The Charity is not atTiliated to any other charities bul th¢ Charity has an exccllent and ODutsing woA(ing relationship with various 4uine wclfarc centre5 in ihe UK. in partiLular with the RSPCA, which has proved to be of great benefit to both charities. REVIEW OF PROGRESS AND ACHIEVEMENT The ongoing ¢are ofÈhe horses and ponics at the Chariry's Sanctuary remains our principal focus. The Charity is siwat¢d thin one orth¢ most highly horse populated areas the Country. As ever, the Chariws services are all too regularly called upon from hor5¢ owners asking us to take Èheir hoT5C in due to the having fallen on hard fancIal times. Chariry continues to receive a significant number of calls asking for advice on equine related issues. Thc Tnjsiees ar¢ happy ihat th¢ objects and aÉms of the Charity atr being appropriately met. The Charity currently has 280 hor8e5 and F4)ni¢s in fosler bome5 around the Country, who are r¢gularly checked upon by our team of tostcring offioer5, all volunteer5 with sound equine experience. There has been a srnall declin¢ ihe nurnber of foster enquiries. The Sanctuary has 56 horses and ponies currently in rcstdence, as well as 4 rescue pigs, 2 ¢hiLkens. 5 goats and 2 cats. All animals (resident and fostered) will remain wider the care and ownership of the Charity for the rest of their days. 'I'he Charity are steadfastly dedicated in ensuiing that tlry all have the best life we call give Lhem and ensurittg all their reqllirernents are properly met. Th¢ Sanctuary is siiuatrd on SSSI ("Site of Special Scientific interest") designated land and the Charity works closely with Natural F.nglalld to ensure that all the relevani criteria ts met. The Charity undertook a variery of fundraising events throughout the course of the year, hosting various hors¢ shows, dog shows, equine agility cvenls, open days and externally organised events in order to raise awareDe4s of the Ch8rity'S WO and to help fund the running of the Sanctuary. Betwe¢n July 2023 and June 2024 we had 32 new equine intakes. Th¢ Clwity remains Cortunat¢, continuing to receive various legacies bequeathed to EHPPS, some of which have been finalised and others ar¢ still being dealt with. Page I
Esstx Horse & Pon ProtectioM Soeiet Re rt of the Trusttes for the Ycar Ended 30 June 2024 FINANCIAL REVIEW Reserves pnlicy The attached financial statements show the CUTrent state of the finance$ for the Charity. whi¢h the Ttvst¢es consider to be strong. The Charitys poli¢y on reserves ig io aim to maintain adequate funding to enable th¢ continuan¢e of th¢ Charity for a minimum of thrce moRths. Donations cheques should be made payable Essex Horse aDd Porty Prot¢ction Society or EHPPS. FUTURE PLANS The Trustees, future plans ar¢ to ensure that the Charity h&% the fa¢ilities and funding to continue with ils much-needed work ill equine lfare. STRUCTURE, GOVERNANCE ATr4D MANACEMENT CoYerDing doLument The Chlty is conirolled by its goveming documenL a deed of Tru5L and constituies an unillcorpordted charity. Rlsk managem¢nt The tnistees have a duly to identify and review the risks io which the charity 15 ¢xposed and to ensure appropriate controls are in place to provide reasoDable assurance against fraud and eOr. RF.FEKENCF, AND ADMIF41STRATIVE DETAILS Registered Charity number 297893 Principal address Pitsea Hall Lane Basildon Ess¢x SS16 4VH Trustees J Hill Ms D Platt Miss A J sWart Mrs B Treadgold Miss L Pe Independent Exgmincr Michael Lctch & Partners LLP Accountants 146 Iligh Strect Billerieay Essex CM12 9D Approved by order of th¢ board of trustees on............. and signcd on its bchalf by.. J Stcwart- TTUStce Page 2
Inde ndent W.xarnlncr's Re rt to tbe Trustees of Essex Horse & Polt Protection Societ Independent examiner's report to the trnstees of Essex Horse & Pooy Prol¢etion Society I report to th¢ charity trUStee5 on my exarnination of the accounts of Essex Horse & Pony Protection So¢iery (the Tn1) for the year ended 30 June 2024. Responsibilities basis of report As the ch%Erity trustees of the Tn¢ you are responsible for the preparation of the accounts in accordance with the requirements of thL Charities A¢t 2011 ('th¢ Act.). I r¢port in respcct of my exaTrJinaiion of the Tnt'S accounts catyied out under Section 145 of th¢ Act and in carrying out my exominatton I have followed all applicabl¢ Directions givcn by the Charity Commission under SecÉion 145(5Xb) of the Act. Independent examiner's ststemtnt Since your ¢barity's gross income exce¢ded £250,000 your examiner mus1 be a member of a listed body. I can COTaf that l am qualified io undertake th¢ examination be¢ause l am a mcmber of the Association of Chartered Certificd Accountants, which is ome of ihe listed b(Klies. I have completed my examination. l Lonfinn that no material tterS have come to my attertlion in cum)ection with the examination giving me cause io believ¢ that in any material respect.. accounting records wtre not kcpt in respe¢t of the TTusi as required by Scction 130 of the Act: or the accounts do not a¢¢ord with those records,. or the accounts do noi comply with thc applicable Tequirements concerning the forni and conteth of accounts set out in the Charities (Accounts and Reports) Rcgulations 2(M)8 other than any requirement that the aOllts give a true and lair view which is not a matter considered as part of an ind¢pendent examination. I have no concerns and have comc across no othcr nMtteTS in CO[¢¢tIon with the examination to which attention should be drawn An this rew)rt in order to enable a Proper understanding of th¢ accounts to be reached. Michael Let¢h Michael L¢tch & Partners LLP Accounthnts 146 High Street Billeri¢ay Essex CM129DF Pag¢ 3
Essex Horse & Pon Proteetion Socie St8¢ement of Financial Adivities for the Year Eftdcd 30 Juttc 2024 2024 Total fimds 2023 Total fid$ Unr¢stricted fjjnd Restricted fund5 Not¢5 IPICOME AND ENDOWMENTS FROM Donations and legacies 292,220 292.220 486,710 Inyestmcni income 226 226 Total 292,446 292,446 486,718 EXPENDITURE ON Raising fLmds 9,083 9,083 5,024 Charitsble 4¢tlvitles General charity activities 394,016 394,016 425,351 Total 403,099 403,099 430,375 NET INCOM[ExPENDITuRE) (110,653) (110,653) 56.343 RECONCILIAT10Tr4 OF FUNDS Total fimds brought forward 44i.021 443,021 386,678 TOTAL FUNDS CARRIED FORWARD 332.368 332,368 443,021 The DOt¢s forni part of these financial statements Page 4
Fssex Horse & Ponv ProtectioM Societ Balance Sheet 30 June 2024 2024 Total fund5 2023 Total nds Unrestrlcted fijnd Restricted funds Notes FIXED ASSETS Tanuible assets 18,044 18,644 16.083 CURRENT ASSETS Stocks Debiors Prepayment5 a1 accrued incom¢ Cash at bank 12 13 .485 150 8.455 311,075 1,485 150 8.455 311,075 2,101 150 7,481 421,657 321,165 321,165 431,389 CREDITORS Amounts falling duc within one y&ir 14 (7,441) (7,441) (4,451} NET CURRENT ASSETS 313,724 313,724 426,938 TOTAL ASSETS LESS CURRENT LIABILITIES 332,368 332,368 443,021 NET ASSETS 332,368 332,368 443,021 FUNDS Unre5trickd funds 332,368 443,021 T(YfAL FUNDS 332.368 443,021 Thc finan I statements were approved by the Board of Trustees and authorised for issu¢ and were signed QD Its behalf by.. on - Trnsttt The notes forni part of these firwKial stat¢mcnts Pag¢ 5
Essex Horse & Pon Proteetion Socie CA5h Flow Slatcrn nt r Ended 30 Jun 20 2024 2023 Notes Cash flows from operating aetivities Cash generated frotn operations (98,866) 69,380 Net cash (used inyprovided by operating tIVIti"¢S (98,8661 69,380 Cash flows frnm Investing 4£tivities Purchase of tangible fixed assets Interest received (11,942) 226 (15,263) Net cash used in investing activiti&4 (11,716) 115,255) Change in cash #nd tash equivalents in the reportillg period Cash and c8sh equivalents 8t the beginning of the reporting period 1110.582) 54,125 421,657 367,532 CAsb and cash equivalents at the end of the rep)rting period 311.075 421.657 The notes fom part of these financial statements Page 6
Essex Horse & Pon Protection Societ Notes to the Cash Floiv Statement for the Year Ended 30 June 2024 REcof4CILIA TION OF NET (EXPENDITURE)IINCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net (expenditure)fiRcome for the reporting period per the Stat¢Jnent of Financi41 Activitiu) Adjustments for: Deprecialion charge5 Intere reLei¥ed Dreas¢ in stocks Increase in debtors Increas¢ in crAltOrS (110,653) 56.343 9,380 (226) 617 (974) 2,990 10.831 (8) 701 (724) 2,237 N¢t cxsh {used inyprovided by operations (98.866) 69,380 ANALYSIS OF CIL4NGES IN NET FUNDS At 1.7.23 Cash tlow At 30.6.24 Net eash Cash at bank 421,657 (110,582) 311,075 421,657 (110,582) 311,075 Total 421,657 {110.582) 311,075 The notes forni part of th¢se financial statements Page 7
Essex Horse & Pon Protection Socie Notes to the Fin#nci21 Statements for the Year Ended 30 June 2024 ACCOUNTING POLICIES Basis of preparing tbe financRal statement5 The financial St8mellts of the charity, which 15 a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (fRS 102) 'A¢counting and Rewrting by Charities.. Statement of Recomm¢nded Practic¢ applicable to charities preparing their accounL% in accordance with the F'inancial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effedive l January 2019),, Financial ReF¥irting Siandard 102 The Financial Reporting Standard applicable in the UK and Republic of Irelan(V and the Charibes Act 2011. The finan¢ial statements have been prepared under the historical cost eonvention. Income All income is recognised in the StAtement of Financial Activities on(¢ the charity has entitlement io the funds, it is probable that the income will b¢ received and the amount can be trsured reliably. Exp¢nditure Liabilities are recognised as expenditure as soon Lg there is a legal or construclive obligation committing the hariLy to that expenditure, it is probable that a transfer of economic benefits will be required in scttlement and the aTnount of the (Trblibation can b¢ measured reliably. ExpcndinKe 15 accounted for on an accruals basis and has been classified Lmder h¢adinbs ihat aggregale all cost related to the category. ler¢ costs cannot be directly altribuied to particular headings they have b¢en allocated to aciivities on a basis con5iSt¢nt with the use of Tangible fixed assets Deprcciation ts provided at the following annual rale5 in order to write off each asset over its ¢stimated useful life. Plant and aChInery Fixtures and fittings Motor vehicles Computer equipment Straight line over 3 years 25 / on reducing balaD¢e 250/y on reducing balam¢e Straight line over 3 years Stock Stocks are valued at the lower of cost and nei realisable value, aft¢r making due allowance for obsolete and slow moving items. Txatlon The charity is exempt from tax on its charitable activities. Fund aeeounting Unrestrioted funds can be used in accordance with the charitable objectiV¢5 at thc discretion of th¢ ttvstees. Restricted fvDdy can only be used for particular reslricted purposes within the objecis of the clwity. R¢striLXions arisc whcn spe£?fi¢d by thc donor OT when funds are raised for particulaT restricted purposes. Further explanation of the nature and purpose of each fimd is included in the notes to the financial stalements. Penslon costs and other post-retirernent benefits The rharity operates a defined contriburion pension s¢h¢me. Contributions payable to the charl5 pension scheme are ¢harged to the Statement of Financial Aeiivities in the peri to which they relats. Page 8 continued...
Essex Horse & Pon PrOtwtn Societ Notes to the Financial Stateme contin ht Year Ended 30 J The 2024 DONATIONS AND LEGACIES 2024 2023 Donations & fund rdising Gift aid Bequells & legacies Cjrants & subsidies 94,619 1.202 189,832 6,567 94,658 1,255 362,275 28.522 292,220 486,710 INVESTMENT INCOME 2024 2023 Deposit accoum interest 226 RAISING FUNDS Oth¢r trading activities 2024 2023 Purchases 9,083 5,024 CHARITABLE ACTIVITIES COSTS Direct Costs (see note 6) General clwity activities 394,016 DIRECT COSTS OF CHARITABLE ACTIVITIES 2024 2023 Staff costs Insurance Lomputer expenscs Telephone P05tagc stationery Vets fees, medicines & farrier Stabling, fo(Kl and welfar¢ costs PreTt7ises costs Repairs Motor expenses & trdvel Legal & professional 'inance charg¢s Equipment hire Subs¢riptions & licences Trdining Clothing F¢ncing & groundwork 132.953 7,523 857 2,137 9,105 106,451 40.434 18,859 2,798 7,494 6,075 935 5.794 161 1,820 535 40,705 118,554 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 Carried forward 384,636 413.680 Page 9 continued...
Essex Horse & Po Protection Societ P4ote5 to the Financial Statcments- tontinued for the Year Ended 30.lune 2024 DIRECT COSTS OF CHARITABLE ACTJVITIES- continued 2024 2023 Brought forward rjepreciation 384,636 9,380 413,680 10,531 394.016 424.511 TRUSTEES, REMUNERATION AND BENEFITS Leigh Peny re¢¢ived a remun¢ration of £31,012.83 (2023 £30430.44) during th¢ year July 2023 to Jlffte 2024. Trustee5' expenses No other remuneration or T¢imbursem¢nt ol expense5 directly or indirectly Ollt of the funds of the Charity was paid or payable for the period io any Trustee or io any person or persons known io be wnnected with any of them. STAFF COSTS 2024 2023 Wages and salaries Other pension costs 130.891 2,062 116.638 1,916 132,953 118.554 The average monthty nLber of employees during the year was as follows.. 2024 2023 Full time sta No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIvlEs Unrcstricted fund R¢stricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legaci¢s 486,710 486,710 Investment inwFt]e Total 486,718 486,718 EXPENDITURE ON Rwstng funds 5.024 5.024 Charitabk activities General charity activities 425,351 425,351 Total 430,375 430,375 Page 10 contlDued...
Essex Horse & POD Proteetion S1¢1 Notes to the Financial St4tements- continued for the Year Fnded 30 June 2024 COMPAIiATIVES FOR THE STATF.MENT OF FINANCIAL ACTIVITIES- continued Unrestricted Restrictcd fund fitnds Total fimds NET INCOME 56,343 56,343 RECONCILIATION OF FUNDS Total fuT]ds l)rought fonKird 386.678 386,678 TOTAL FUNDS CARRIED FORWARD 443,021 443.021 10. BEQUEST AND LEGACIES Note 2 to the accounts shows Bequcst and legacie5 of £189,831 These lega¢ies are only recognised in the accounts when they are rec¢ived and ther¢ may be further legacies due from individuals once their eststes have been finalised. TANGIBLE FIXED ASSETS Fixtures and fittings Plant and rnachinery Motor vehicles Computer equiprnenl Totals COST At l July 2023 Additions 48,717 1,621 10.976 10,321 32.819 4,109 96.621 11.942 At 30 June 2024 50,338 21,297 32,819 4,109 108,563 DEPRECIATION At l July 2023 L'harge for year 37.826 5.294 6,859 3,610 32,577 61 3,276 416 80.538 9,381 At 30 June 2024 43,120 10,469 32,638 3.692 89,919 NET LIOOK VALUE At 30 June 2024 7.218 10.828 181 417 18,644 AL 30 June 2023 10.891 4,117 242 833 16.083 All fixed asscts are used for dirccl charitable purposes. Page 11 ¢ontinued...
E)sex Horse & Pon ' Proteetion Societ Not to the Financittl State nts- conti Ended 3Q June 20 12. STOCKS 2024 2023 Stocks 1,485 2,101 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other debtors 150 150 14. CREDITORS: AMOUNTS FALLING DUE wrrHtN ONE YEAR 2024 2023 Trade cr¢ditors Taxation and swial secuTity Oiher ¢redstOTS 1.385 3.292 2,764 929 1,282 2,240 7.441 4,451 MOVEMENT IN FUNDS Net movement in funds At 30.6.24 At 1.7.23 Unrestricted funds Gcneral nd 443,021 (110,653) 332,368 TOTAL FUNDS 443,021 (110,653) 332,368 Nct movement in funds, included in the above are as follows.. Encoming resources Resourc¢s expended Movement in fun(ts Unrestricted funds G¢neral fvnd 292,446 (403,099) (110,653) TOTAL FUNDS 292.446 (403,099) (110,653) Comparatives for rnovemeDt in fvnds Net movem¢nt n fLmds At 30.6.23 At 1.7.22 Unrestricted fund$ General fund 386,678 56,343 443,021 TOTAL FUNDS 386,678 56,343 443,021 Pagc 12 continued...
Essex Horse & Pon Protection Societ N les to the Finarteial Staternents- con r Ended 30 J ne 20 15. MOVEMENT IN FUNDS- contirtlled Comparative nd movement in fvnds. included in the above are as follow5.. In¢L)ming resources Resou¢$ expended Movement in funds UDr¢stricted fund$ General Trd 486,718 {430,375} 56,343 TOTAL FUNDS 486.718 (430.375) 56,343 A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 30.6.24 At 1.7.22 UnTestri¢ted funds General fvnd 386,678 (54,310) 332,368 TOTAL FUNDS 386,678 (54,310) 332.368 A current yeaT 12 months and prior year 12 Tnonths Combed net nwvcment in fimds. included in the above aT¢ follows- Jncoming resouwes Resources expended Movement in funds Unrestricted funds General fund 779,104 {833.474) (54,310) TOTAL FUNDS 779.164 (8J3,474) (54,310) 16. RELATED PARTY DISCLOSURES There were no related paty transactions forthe year ended 30 June 2024. Page 13
Essex Horse & Pon Protettlon Societ Detailed Ststement of Financial Aetiviti fort ear Ended 30 Ju e 2024 2024 2023 INCOME ALYD ENDOWMENTS Donations and legaries Donation5 & fund raising Gift aid B¢qllests & legacie$ Grants & subsidies 94,619 1.202 189,832 6,567 94.658 1.255 362 ?75 28,522 292.220 486,710 Investmellt 7COMe Deposil account interest 226 Totsl incomiJJg resources 292,446 486,718 EXPENDITURE Other tr8ding activities FundTaising expenses 9,083 5,024 Charitsble actiYitl¢s Wages Pensions Insurance Computer expenses Telephone Postage and stationery Vets fee% ffledicines & farrier Stablin& fLKKI and welfare costs Premises costs Rtpairs Motor expen5¢s & trnvel Legal & professional Finance charges Equipmeni hire Subscriptions & licences Trainin(T Clothing Fcn¢ing & groundwork Plant Jnd machin Fixttjres and fittings Motor vehicles Computer equipment 130.891 116,638 1,916 6.996 714 ,833 7.132 83,141 44.653 14,918 8,398 4.439 4,179 779 5,110 159 1,631 541 110.503 8.637 1,372 87 735 7,523 857 2.137 9.105 106,451 40,434 18,859 2,798 7,494 6.075 935 5,794 161 1.820 535 40,705 5,294 3.609 60 417 J94.016 424,51 I Support eosts Governanfe costs A¢coulltancy fee5 840 This page doe5 not fomi part of the statutory financial statcm¢nts Page 14
Essex Horse & Pvnv ProteLtion Societ Detsiled Statem¢ i of Finatill Activities ror the Y ar Ended 30. De 2024 2024 2023 Totsl resvurces expended 403,099 430.375 Net (expendiÉureyineome {110,653) 56,343 This page does not forni part of the slatutory financial statements Puge 15