REGISTERED CHARITY NUMBER.. 297893 rt of the Trusttts Unaudited Financial tatements 30 ne 2025 for F.ssex Horse & Pon Protection Soriet Michael Letch & Partners LLP Accountants 146 High Street Billericay EX CM129DF
ec eiet Contents of the Financial Ststemen15 for the Year Ended 30 2025 Page Report of the Trnstee5 I to 2 Independent Examiner's Report Statement of Finaneial Activilies Balance Sheet Cash Flow Statement Note5 to the Cash Flow Ststement Not¢5 to the Financi*l Ststements 8 to 13 Detailed Statement of FlnaDeial Activitie5 14
Essex Horse & Pon Protection Socie ort of the Trustees for the Year Ended 30 June 2025 The tn]stees present their report with th¢ financial statements of the charity for the y¢ar ended 30 June 2025. 'fhe trnstees have adopted the provisions of Accounting and Reporting by Charitt¢$-. St8ment of Recommended PtICe applicable io chariti¢s preparing rheir accounts in accordance with the Financial R¢porning Standard applicable in the UK aTKI Republic of Ireland (FRS 102) (effective l January 2019). The Charity was established on 26 October 1987. Thc Trustees form the managing co1]nittee. whos¢ memb¢rs are eleded and appointed at the Annual General Meetin held in or around Nov¢mbcr in each year. The oIfi¢¢rs are clwted for the ternis of three years in ihe case of the Chaimian and Treasurer, two yC2TS in the case of the Secrelary and one year in the case of all other TrusÉees. Th¢ Officers are clccted from the membcrship of the managit]g conunittee. All 'frustees are required to be. and remain foT th¢ duration of their tcrni. 1]Y paid up McTnbers of the Chariiy. OBJECTIVES AND ACTIVITIES Objectives anif aim5 Th¢ Charity is estsbli5hed to pr()mote animal welfgre 2nd to take all appropriate steps to proted equines from cNelty and prevent th¢ infliclion of Suffering and, where necessary. to take horse5 aT ponies into ¢are for rehabilitation. The Trusiees confimi that Lhey have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing ihe Chariws aims and objectives. ORGANISATIONAL AND DECISION MAKING STRUCTURE All organi5ational and decision making is made by the Trustees at regular trnstee meetin&s. All decisions are made by majority wote. RELATiof4sHIPS WITH OTHER CHARITIES The Charity is not aifiliated to any other charities but the Charity has an exLellent aDd ongoing working relationship with Yarious equine welfare centr¢s tn the UK, in partlclllar with the RSPCA, whtch has proved to be of great benefit to both charities. REVIEW OF PROGRESS AND ACHIEVEMENT The ongoing ¢are of the horses and ponies at the Charity's Sanctuary remains OUT Principal focus. The Charity is sltuaied within one of the most hishly horse populated areas in the County- A5 cver, the Charity's services are all too regularly called upon from horse owners &sking us to take their horse in due to the having fallen on hard fllhincial times. The Charity continues to receive a significant number of calls asking for advice on equine related issues. The TTUSte¢s are happy that the object5 and aims of the Charity are being appropriately met. The Charity ¢urrently has 31 O horse5 and p)nies in foster homes around the Country. v'ho are regularly Checked upon by our team of fostering offi¢ers, all volunt¢¢rs with sound ¢qlline experience. There has been a 5Thall dlIne ith the number of fost¢r enquiri¢s. The SaDrtuary has 45 hoises and ponies currently in residence, as well as 3 rescue pigs, 5 goats and I caL All animals (restdent and f05teredl will remain under the care and ownership of the Charity for the resi of their days. The Charity arc steadfasily dedicated in ensuring that they dll have the best life we can give them and ensuring all their requirements are propcrly met. The Sancluary is situated on SSSI {"Site of Special S¢i¢ntific Inter¢$t") desftgnated land and the Clwity works closely with Natural England to ¢nsure that all the relevant criteria 15 meL -lkne Charity undertook a variety of fvndraising events throughout ihe course of the year, hosting various horse shows, dog shows, quine agility cvents. open days and exiemally organistd events to raise awarenes5 of the Chariry's work and lo help furKI the running of the Sanctuary. Between July 2024 and JuDe 2025 we had 35 new equine intak¢s. The Charity remains fortunate, continuing to receive various legacies bequeathed to EHPPS. some of which have be¢n rinalised aod others are still being dealt with. Pagc I
Fssex Horse & POD Protection Societ Rt rt of Ihe Trllstee5 forthe Year Ended 30 June 2025 FINANCIAL REVIEW Reserves poli¢y The attached financial staiements show the current State of the finances for the Charity, which the Tnjstees consider to be slron The Charity's poli Teserves is to aim to maintain adequate funding to enable the continuattce of the Charity for minimum of three months. t)onations cheques should be rnade payable to Essex l.lorse and Pony Protection Society or EHPPS. FUTURE PLANS Thc TCeS, tre plaT)s yre LO ellSu that the Charity has the facilities and funding to continu¢ with its muth-needed work in equinc welfaTe. STRUCTURE, GOVERNANCE AND MANAGEMENr Governing document The Chariry is controlled by its governing documenl a deed oFTrus¢ and constitutes an unincorporated charity. Risk managernertt The trustees have a duty lo identify 2nd rcyiew the risks to which the charity is exposed and to ensure apprOlAte controL% are in place to provide reasonabl¢ Assurance agaIl fraud and error. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 297893 Prineipal address Pitsea Hall Lane Basildon E%sex SS164UH Trustees Mrs J Hill M5 D Platt Miss A J Stewart Mrs B Treadgold Miss L Pe IndepeDdent Examiner Michael Letch & PartnetE LLP Accountanis 146 High Street Billericay Ssex CM129Dr Approved by order of the b(th of tntstees on ....... . and 5ign¢d on its behalf by.. Miss J gtewart-'I'Nstee Page 2
Inde ndent Examinerfs Re rt to the Trustees of E$sex Horse & Ponv Proteelion Societ . Independent examin¢r'5 report to the trustees of Essex Horse & Pony Proteetioll Society I rewrt to th¢ charity tru5te£s on my examination of the accounts of Essex Horse & Pony Protection Society (the Trust) for the year end¢d 30 June 2025. Responsibilities And basis of report As the charily trustees of the Trust you are resrM)n%ible for the preparation of the accowits in CordanCe with the requirements of the ChaTiti¢s Act 2011 Cthe Act,). I report in respect of my examination of the Trust's accounts led out under Section 145 of the Act and in caffying out my examination I have followed all applicable Directions given by the Chariry Commission under S¢ction 145(5Mb) of the Aci. Independent examiner's statement Since your charity'5 gTn55 income exceeded £250,000 your examiner be a member of a listed body. l ¢an confrni that l am qualifi¢d to undertake the examination because l aTn a member of the Asso¢iation of Chartered C¢rtified Accountants. which is one of the listed bodies. I have compl¢t¢d my examination. I confitin thai no material maller5 have come to my attention in ¢ot)nection with the examination giving mc cause to believe that in any material resp¢ct: accounting records were not kept in respe of the Tn1 as r¢quired by Section 130 of the Actr, or the accounts do llot accord with those records,. or the account5 do not compl>1 with the applicable requir¢ments con¢erning the fonn and content of accounts set out in the c.harities (Account8 and Report5) Regulutions 2008 other than any requirement that thc account5 give a twe and fair view which is not a matter considercd as part of an sndependetLt examination. I hav¢ no concerns and have come aeross no other matters in conneciion with the examination to which #ttention should be drawn in this report in order to enable a proper UDd¢rstanding of the accounts to be reached. Lee Ann Haggerty Michael Letch & Panners LLP Accountanis 146 1.ligh Street ljillericay Essex CM12 9DF Date.. 27JLkZ Page 3
Esscx Horse & Pon Proteetion Swiet ststement of FiRllneial Actiwilie5 for the Year Ended 30 June 2025 2025 Total funds 2024 Total runds Unregtricted Dd Reslricted funds Notes INCOME AND ENDOWMENTS FROM Dollations and legacies 443,130 443,130 292,220 Investm¢nt income 118 118 226 Total 443,248 443,248 292.446 EXPENDITURE ON Raising funds 17,715 17,715 9,083 Choritable Activities General charity activities -522.662 522,662 394,016 Total 540,377 540,377 403,099 NET INCOMEI{EXPENDITURE) {97.1291 (97,129) (110,653) RECONCILIATION OF FUNDS Total fvnds brought forward 332.368 332J68 443,021 TOTAL FUNDS CARRIED FORWARD 235,239 235,239 332,368 Th¢ noLes forni part of these rClaI ststemenl$ Page 4
Essex H rse & Pon Pro tiun Skneie Ballnce Sheet 2025 Total fiujds 2024 Total fimds Unrestricted fijnd RestTi¢ted funds Notes FIXED ASSETS Tangible d55ets 60,231 60,231 18,644 CURRENT ASSETS Stocks DebiotS Prepayment% and ¢Ted income Cash at bank 12 13 2,734 150 13.415 163,438 2.734 150 13.415 l63.438 1,485 150 8,455 311,075 179.737 179,737 321,165 CREDITORS Amounts fallingF due within one year 14 (4,729) {4,7291 (7.441) f4ET CURRENT ASSETS 175,008 175,008 313,724 TOTAL ASSETS LESS CURRENT LIABILITIES 235,239 235.239 332,368 NET ASSETS 235.239 235.239 332,368 FUNDS Unrestricted funds 15 235,239 332,368 TOTAL FUNDS 235,239 332,368 rina I ststements were approved by the Board of 'frnMees and athorised for i5SU . and were signed on its behalf by.. on ewart- TnLStee The note5 foTm part of these financial statements Page 5
Essex Horse & Pon ProtectlDn Socie Cash Fl(Jw Statcm f rth Ye En ed3UJu 2025 2024 Notes C45h flow5 from operating *etiwities Cash generated from opera(ion5 {80,736) (98,866) Net ¢ash used in operdting activities (80,736) 198,866) C85h nows from investlng a¢tiwitie5 Purchase of rangible fixed a55ets Interest rec¢ived {67,019) 118 {11,942) 226 Nct e&sh used in inv¢sting aciiyities {66,901) {11,716) ChAnge in cagh and eash cquivalenls in the reporting period Cash and eash equivklents at the beginning of the reporting perlod {147.637) (110.582) 311,075 421,657 Cash and tash equivalents 8t the end of the reporting period 163,438 311,075 The notes fomi part of thes¢ financial Statements Page 6
Es5¢x Horse & POD Protection Soeie Notes to the Casb Flow Statemet for the Year Ended 30 June 2025 RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net expenditure for the reporting period (85 per the Ststsment or Fin#nci4l A£tivities) Adjustments for". Depreciation charges Interest received (Increaseydecrease in stocks Increase in (lebiors (D¢¢reaseyincrease in creditors (97,129) {110,653) 25,432 {118) (1.249) {4,960) (2,712) 9,380 {226) 617 (9741 2,99) Nei ta$h used ID operations (80,736) {98,866} ANALYSIS OF CHANGES IN NET FUNDS At 1.7.24 Cash flow At 30.6.25 f4et cash Cash at bank 311,075 (147,637} 163,438 311,075 (147,637} 163,438 Total 311,075 {147:637} 163,438 Th¢ notes form part of these financial stat¢rn¢nts Page 7
Essex Hor6¢ & POD Protection Societ Notes to the Financial StatemeDts ror the Year Ended 30 June 2025 ACCOUNTINC POLICIES Basis of preparing the financial statements The finanLial stateinents of the charity, which is a public benefit entity under FRS 102, have been PT¢pared in a¢COrdCe with the Charities SORP (FRS 102) 'AccounLing and Reporting by Charities.. Statement of Re¢onunended Practice applicable to charities preparing their accounts in ac¢ordance with the Financial Reponing StandarLI applicable in the UK and Republic of Ireland (FRS 102) {effe¢tive l January 2019),, Financial Reportinb Standard 102 'The Financial RepOrtig Standard applicabl¢ in the UK and Republic of Ireland, and the Charitt¢s Act 2011. The financial statements havc been prepared und¢1 the historical c05t evnvention. Ineome All income is recognised in the Statemeni of Financial Activitieg once the ¢h8rity has entitlement to the funds, it is Fffobable that the in¢ome will be re¢¢ived and th¢ alnount can be measured reliably. EKpenditiire Liabilities are recognised as expenditur¢ as soon as there is a legal or constwctive obligation cornmitting the harity to that expenditurc. it is probable that a transfer of ¢oonomic ben¢fits will be required in settlement and the amount of thc obligation can be measured reliably. Expenditure is accounted lor on an a¢cruals basis has been classified under headings that agwgate all cosl related to the category. Where costs cannot be directly artribuled lo particular hcadings they have been allocated to activities on a basis consistent with the use of reSoUes. Tottgible fRxed a55ets Depreciation is provided at the following artnual rates in order to write off each asset over its estimated useful lif¢. Plant and ma¢hinery Fixture5 and fillings Motor vehiLles Cvmputer equiptnent Straight line over 3 years 250/0 on reducing balance 25 % on reducing balance Sttaight line over 3 years Stocks Stocks are Valu at the low¢r ofcost and net realisablE value. after making due allowance for ob501ete and slow moving items. TAxat5on The charity 15 extmpi from tax on its charithbl¢ activities. Fund aeeountlng Unresthcted fUlS can be used in accordance with the charitable objectives at the discrctiort of the ITUSt¢es. Restricted funds can only be used for particular restricted Purposes within the obje¢ts of the charity. Restriciions arise when specified by the donor or when fun(ts are raised for particular restrict¢d PLWP)ses. Further explanation of the natur¢ and putyose of each fimd is in¢luded in the no(es to the financial statements. Pension ¢OSts and other post-retirernent b¢Ntflts The charily operates a delined contribution pension scheme. Contributions payable to the chaTitys pension scheme are Chdrged to the Statement of Financial Activitieg in the period io which they relat¢. Page 8 continucd...
Esscx Horse & Pon Protection Societ Notes to the Financial Statement5- continued for the Year Ended 30 JUD¢ 2025 DONATIONS A]YD LEGACIES 202S 2024 Donations & fund raising Gift aid Beque%ts & lega¢ies Grants & Subsidies 111,289 1.835 324,100 5,906 94,619 1,202 189,832 6,567 443,130 292,220 INVESTMENT INCOME 2025 2024 Deposit ac¢gunt interest 226 RAISING FUNDS Otber ¢r4ding artivities 2025 2024 PUrCht$ 17,715 9,083 CHARITABLE ACTIVITIES COSTS Direct Costs (see note 6) General eharity a¢tivities 522.662 DIRECT COSTS OF CHARITABLE ACTIVITIES 2025 2024 Staff cnst5 Insurance Computer exttnse5 Telephone Postage and stationery V¢ts fees. medicine% & farrier Stablin& food and wclfare costs Premises costs Repairs Motor ¢xpenses & trav¢1 Legal & prof¢ssional Finance cliarges Equipmeni hire Subscriptions & licences Training Clothing Fencing & groundwork 164.327 8,396 1.946 2,306 7,193 151,074 35,628 20,826 33,392 5.519 6,573 991 6,568 303 132,953 7,523 857 2,137 9.105 100,451 40.434 18.859 2,798 7.494 6,075 935 5,794 1,820 535 40,705 299 51.048 Carried forward 497,230 384,636 Page 9 continued...
Essex HoTse & POD Prolection Soeiet Notes to the Financial Statements- tOTltinued for the Year Ended 30 June 2025 DIRECT COSTS OF CHARITABLE ACTIVITIES- continlled 2025 2024 Brought forward Depreciation 497,230 25,432 384,636 9,380 522.662 394,016 TRUSTF.ES' REMUNERATION AND BENEFITS Leigh Perry rcceived a remuneration of £33,328.77 (2024 £31,012.83) during the year July 2024 to Jun¢ 2025. Trustees. expenses No other remllneratio or reimbUrs¢ent of expenses directly or indirectly out of the fulld5 of the Charity was paid or pkyable for the p¢riod w aTEy Trustee or to any person or persons know to be co1¢¢t¢d with any of them. STAFF COSTS 2025 2024 Wages and salaries Other pension costs 164.190 137 130,891 2.062 164,327 132.953 The average monthly number of employees during the year was as follow5- 2025 2024 Full tirne sta Part timc No employees re£eived emoluments in excess 01£60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestrictcd fund Restricted funds Total fimds INCOMF. AND ENDOWMENTS FROM Donations and legacies 292220 292.220 Investment incoTn¢ 226 226 Totsl 292,446 292,446 EXPENDITURE ON ising fund5 9,083 9,083 Charilable activities General charkty activities 394,016 394,016 Page 10 continued...
Essex Horse & Pon Protsttion Societ Notes to the FiMAneial St8lemenls- continued for the Yeur Ended 30 June 21125 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- eontiDued Unrestricted Eiestricted fund fimds Total fimds Total 403.099 403,099 NET INCOMEI(EXPENDITURE) (110,653) (110,653) RECOP4CILIATION OF FUNDS Totdl funds brougjt forwatd 443,021 443,021 TOTAL FUNDS CARRIED FORWAKD 332,368 332,368 10. BEQUEST AIYD LEGACIES Nole 2 to the accounts shows Bequest and legacies of £189.831 These legacies are only Ttcow)ised ID ihe accounts when they are receivcd and there may be further lega¢ies due from Éndividuals on¢e their estktes have ixen finali5¢d. ii. TANGIBLE FIXED ASSETS Fixtur¢s Plant and machinery Motor vehicles Computcr equipment fittings Tota15 COST At l July 2024 Additions 50.338 3,563 21,297 3,992 32,819 59,464 4,109 108,563 67,019 At JO June 2025 53.901 25.289 92.283 4.109 175,582 DEPRECIATION At l July 2024 Charge for ycar 43,120 6.399 10,469 3,705 32,638 14,911 3,692 417 89,919 25.432 At 30 June 2025 49,519 14,174 47,549 4,109 115,351 NET BOOK VALUE At 30 June 2025 4,382 44,734 60,231 At 30 June 2024 7,218 10.828 417 18,644 All fixed assets are used for direct chariiable purposes. Pagell continued...
F.ssex Ho e & Pon Protection Sotiet Nold to he FinanciAI Ststements- continued for Ihe Year Emded 30 J 12. STOCKS 2025 2024 Stocks 2,734 1,485 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Other debtor% 150 150 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors Taxation and social security Other creditors lJ45 1.644 1.740 ,385 3.292 2,764 4,729 7,441 MOVEMF.P4T IN FUNDS Net movement in funds At 30.6.25 At 1.7.24 Unrestrieted funds CIeneral fi]nd 332,368 {97,129) 235,239 TOTAL FUNDS 332,368 (97,129) 235,239 Net movement in funds, included in ihe atx)ve are as lollows.. Incoming resources Resources cxpended Movement in fvnds Unrestricted funds General fund 443,248 1540.377) (97,129) TOTAL FUNDS 443248 (540,377) (97,129) Cornp*r8lives for moyement ID funds Net movement in fids At 30.6.24 At 1.7.23 Unrestricted funds General fund 443.021 (110.653) 332,368 TOTAL FUNDS 443,021 {110,653) 332,368 Page 12 continued...
Essex Horse & Po Protettion Soeiet Notes to the Financial Ststement5- COEltinued f r the Ycar Ended 30 June 15. MOVEMENT IN FUNDS- continued Comparative net movemcnt in fvnds, included in the above ar¢ follows: Incoming resources Resourc¢5 expended Mov¢ment in fiEnds Unrestricted fulld5 General tund 292,446 (403,099) (110.653) TOTAL FUNDS 292,446 (403,099} {110,653} A curreni year 12 month5 and prior y&gr 12 months combin¢d p051tion is as follow5.' Net movement in funds At 30.6.25 Ai 1.7.23 Unreslricled futtds General fund 443,021 (207,782) 235,239 TOTAL FUNDS 443,021 (207,782) 235.239 A Current year 12 month$ and prior year 12 months combined net movement in fun(ts, included in the above are follows- Incoming resour9 Resource5 ¢xp¢nded Movem¢nt in funds Unrestricted fund8 General fund 735,694 (943.476) (207.782) TOTAL FUNDS 735,694 (943,476) (207,782) 16. RELATED PARTY DISCLOSURES There were no related party trdnsactions for the year ended 30 June 2025. Page 13
Essex Horse & Pon Protection Societ Dttsiled Statement of Financial Activities for the Year F.nded 30 June 2025 2025 2024 INCOME AND ENDOWMENTS Donations ¥nd leg#eie5 D0TtIO & nd raising Ciift aid Bequests & legacies Grnnts & subsidies 111,289 1,835 324,11 94,619 1202 189,832 6,567 443,130 292,220 Inve51ment income Deposit account ipt¢r¢st 220 Total incoming resourees 443,248 292,446 EXPENDITURE Other trading 8¢tivltles Fundraising expenses 17,71S 9,083 Charitsble actlvilies Wagcs P¢nsions Insurance Computer exp¢nscs Telcphone Postage and stationery Vets fees, medicines & farrieT tablin& food and welfare costs Premises costs Repairs 164.190 137 8,396 1.946 2.306 7,193 151,074 35.628 20,826 33,392 130,891 2,062 7,523 857 2,137 9,105 I06,451 40.434 18.859 2,798 tr 11 Motor expens¢s & travel Legal & professional Finance ¢harges Equipment hire Subscripiions & li¢¢n¢es Training Cloihing Fencing & groundwork Plant and machinery Fixtiire5 and fittings Motor vehicles Computer equipment 5.519 6,573 991 6,568 303 841 299 Sl,048 6,399 3,705 14,911 417 7.494 6.075 935 5,794 161 1,820 535 40,705 5,294 3.609 60 417 522,662 394,016 Total resourceg expended 540,377 403,099 Net eXndItUre {97.129) {110,653) This pag¢ does nof form pari of the statutory financial staternents Page 14