REGISTERED COMPANY NUMBER: (112J1118 (England and W¥les} REGISTERED CHARITY NUMBER: 297961 ort of tbe Trn$tees and Unauditfd FIDancial Stateme ts lor the Y¢¥T Ended 31 December 2023 for The Amerlc*n uart@r Horse As50a8ti0 UK Limited Willis Cooper Limited Unit 6 Heritage Busin¢Ss Centre D¢rby Road Belp¢r Derbyshite DE56 ISW
The An)erifan art¢r Horse AMotiation UK Limlted Contents of the FlnanciAI Ststements (or tht Year Ended 31 Deeember 21123 Pag¢ Rtport of¢h¢ Tnutet3 I to 4 Independent EAaJDiD¢r's R¢pOrt Sttement of Fin8n¢i#l A¢tlvltl¢s Balanee Sheet 7 to 8 Notss to the Flnanclal Stat¢weJlS 9 to 14 Detai]td StgtsmtDt of FiDncial Aedvldes IS to 16
The American ugrter Horse A550¢iation UK Lin)ited Re ort of the TrSte¢S for the Year EDded 31 December 21123 The truse3 who are also dirlor9 of the Charity for the purposes of the CoJ)panies Act 21)06, PT¢%¢nt their report with t¢ rinancial statemeDi% of the charity for the year ended 31 December 2023. The tru5ttts have a(iopt¢d the proi'i4ions of Accounting and R¢porting by CharitLes-. St4t¢m¢nt of Recommended Prattice applicable to ¢hariti¢$ preparing their accouuts in artordatt¢¢ wilh th¢ Financial Reportt"ng Standard wlicabl¢ in th¢ UK and Republic of Ireland (FRS 102) (efTeLtive l January 2019). OBJECTIVES AP4D ACTtVlTIES The prin¢ipal activilies and charitabl¢ objectives of the Association are outlined in L)UT Mission Ststement: To promote the brnediDg and use of the Americall Quart¢r Hors¢ in the Uniied KiD8dotll. ro provide bet%¢ficial serviecs for ils that enhance and ¢n¢ourag¢ AmeTÉC&th Quarter Hnrse ownership attd parti¢ipatiOTJ. To 8cneratc growth of AQHA-UK mwnber$hip via the marketing. PTomotion. adveni$io8 and publi¢ity lif the AmcTicarL Qu8tT¢r Hors¢. To encourage young people to participate in equestrian b&ssJ sport using th¢ American Quarter Horse. To priiiiiote ¢ducatiord pmgrarnmts and mat¢rials ihat improve horscmjnship skilly and the welfare of the Am¢Tic4n Quarter Hors¢. To ethi¢al¢ h{se owners and th¢ public r¢lg the ben¢fit of registering cligible Quarter HoTS¢S with the AQHA as well as th¢ AQHA-UK. To advan0¢ th¢ edation of th¢ public by cntOUT8git)% qu4lity breeding with a view to 5rnproving and 1Creasing the numbers of the bleed. ACHIEVEMENTS Af4D PERFORflANCE The niejnbership year tor all is from I" Junuary to 31" De¢ember and in¢ludes Youth. Family and Athilt categories. Member5 Teceive an inforntiOn pth¢k a% well Is an aDnual joumaL Memb¢r benefits includ¢'. Access t(> a website of curreDt as well 8$ 2r¢hive inforniaiion &bout th¢ Association gnd the QuDrter Hone. M¢mb¢r disroullts for passport and r¢8istrdtion fce& Aiinual Journal. M¢Tnb¢rship numbcrs hav¢ been d¢¢liDiDg ATMJ G)un¢il have no plans to in¢re&s¢ feeb ill 2024 in lighi of the economi¢ ¢lim8t¢. The Associlon ba$ imptemented a tsew Weas•j platftsm W"¢h has proved suec¢ssl wittL' Hostiug the meml)ersbip database. in 11 ac¢ordatt¢e with GDPR. Enabling single ¢liek purchasing of ll)¢rnbershiplmerehandise. Enabling automated em4115 tt> all m¢mbers or V¢ %lectlOD of members. Enablin8 Ncwslelt¢r g¢n¢rntion {currently wt 5¢nd 01 approximately four p¢r y¢ar on a s¢parnt¢ pl&iform). The journal is posted to au mewbern in December and 1$ always a popular part of the rnembership beTh¢fits. It has increased over the y¢ars to 72 ptsges and the aim is to fither expartd th¢ content. Th¢ Youth pro8r4mm¢ a n¢w Youth Dkrector who is an ex-metnber of youth lea aDd is workxng on a progranune ul. ¢vth)ts for 2024 which will in¢lud¢ UCatiOn a5 well as pra¢iical tyition and guidance. The A%l(lOn welcomes young people frorn all backgrounds as th¢re 4T¢ facilitits to loan horses &8 a¥Jd when required for those who do ot horse. Pa8¢ 1
The Amerlcan u4rter HTrr A$50CWtlon UK Limlted rt of the Trn$tees for the Ye8r Ended 31 Decemb¢r 21123 ACHIEVEMETrII8 AND PERFORMANCE (contitiutd) Thc Get On And Ride schem¢ is for members who wish to gaitt poinis and awards for hacking oui with th¢ir hvf5C5. We now have eight members who have teached l(X>O hours (maximum award) and have won bespoke bu¢kle$. We have extended the programme with GOAR Plus. prtsviding oppomloiiies for those who hav¢ T¢ached 1000 hows maximum. This piogTan]me Cu¢tIY has 2 memb¢r$ who oiherwisL would b¢ ¢x¢ld and will encourage others to join. Our Annual Championship Sbow took place in S¢pt¢mber, along with a number of smaller evenLN during the year. The thow was not the su¢¢ess we had hopcd for attd made A loss. Competitors points and awards Dot only with this A&qo¢iallon but witb the AQHA and British Reining. and for the Cir1 time also with NBHA UK did a demo and held OUT Jnttrnational Director attended the AQHA Annual Conv¢ntion in the USA and has also attended European meetings in ¢ither person or by Yideo link. Coun¢il know it is essential lor cdu¢atioDal &8 well business purp05e5 to meet with worldwide atfiliates and dire¢tors of internlon&1 assi>¢iation5. Vid¢0 meetin89 ¢tsntinu¢ to ¥¢ Ihe Association tr&v¢l eApensc. The AQHA-UK continues to be on Affiliate of the Sbowing Cowicil benefitting fivTn their rLsuurces. The advaDtag¢s inelude assist8n¢¢ alld advice a wlde r¢ of ]natteTS includin8 saf¢guardiD8, health and safety, w¢lfar¢ and many nwre polKies and areas of expertis¢. Association maintsin5 Ihe UK studlx)ok for the Quhrter Hors¢ otyl continue5 to be a PASSPQrt Issuing Offic¢ for th¢ Quarter Horse in the UK slld ]Trthtnthins the UK $bJdbook inforniing m¢mbers of current UK legislation. Latest news and p)li¢ies are T¢gularly updated io the w¢bsit¢. DuTing th¢ last year Coun¢il 8ain¢d one u¢w memb¢r who is now our Youth Dir¢¢ior. Th¢ n¢w Arli¢1 of Associau(m w¢r¢ •¢C¢PLed at the 2023 AGM. Council h&8 continutd to work hard to meet its obligations to.. Moniior and me¢t legi51ativ¢ ¢hang¢slrequiranents. Monilor and me¢t govemment dire¢tiv¢s. Upd•te and eDsur¢ appropriaie In%ur4nce advice is follow¢d. This has been an imniensebody of work for Co¢11 Tn¢mbers bui is achi¢vable wiihin dcsired iimefram¢. JnsuraDc¢ has increased throughout the pasi year, but the Asso¢iatson in place all r¢quJr¢d insutan¢¢s for the Charity. Liniited cOrnpaY. and tquine purpos. P&g¢ 2
Tbe America arter Horse A5so¢i#ilon UK Limited Re rt o(the Trustee for the Y¢4r End¢d 31 December 2023 FINANCIAL REVIEW RtsenTe# poliey The Association akms ts) hold fittaThcial reSe¢S thai ¢ov¢r on¢ yeaes outgoing rtsourc¢s. As at 31 December 2023 th¥ A&%ociation held unrcstricted re%rv¢5 4mountin8 10 £40.945 (2022.. £39,I51). The net incoming resources for th¢ yeat amounted io £1,435 {2022.. £5.282). This arnount h&$ been add¢d to the reserves bTh)u8ht forward leaving fund balan¢¢5 of £52,535 {2022.. £51,IOOI at the ycar end. STRUCTU GOVERNAIYCE AND MANAGEMEf4T Governing Th¢ AsSOClation is a Chlble Mpally limited by guaralltee. illcorporat¢d on 24 October 1975 and registered as a charity on 19 January 1988. The company w&$ esiablished under 4 Memorandum of Association which estsblished the objects and powers of the charitable company and is governed by its Articles of Asso¢iation. The A&80eiation is a]*0 full Affiliat¢ of the Ameri¢att Quartcr Horse Association in the USA, ld swh must fulfil all requirem¢nts of their rul¢s fi)r breedine fynd 5bowin8 (brtei Hois¢s. Recrultmtnt Amd g4ppoln¢ment of new trusltr$ The dirfftors of the rompany are a]so charity trustees for th¢ PUryM>S¥% of chlty law and und¢r th¢ Gop#s)Y,$ Artieles arc as m¢mb¢rs of the Cuuncil. The Coun¢il 1$ A mioimLEm of fiv¢ p¢ople with nts upper limit. CollclI member$ are elected for a period of three yeats and ¢)igible for re<lKtion. Nominations for election are Sought and council Tntmber8 standing down ¢]i8ible to Te4tand. Publ1¢ b¢n¢fit The tntstees ¢onsider they bav¢ cottwlied with th¢ii duty ¢0 hav¢ due regard to the guidaiicc on public beThefi( as publishcd by th¢ C'.hariLy Lommission, in exercising thcir powers and duiies. Page 3
012311 I¥ IEAalwMI W4ks) 297961 r¥byÉbife bE$6 ISW L Ad•>s (wwth19 kl•x¢kn SJ141 R ORthMy LKtho¢th Ainky T Sptthr Mwth2(Q4) TGte•vO•(4wJ I l mts 2023) URI 6 LtY R 61SW knha]fty: P54
ndent Ex•mlner's Re rt to the Trn$teex of The Amerlc¥Jn uarter Horse As$n¢t#tity LK Limited llldepeDdeD¢ eKamlnr'8 report to the tru51et8 of The Quarter Hom Asso¢lAtlon UK Limited ('th¢ C•mpDy') I report to the ¢l)arity trleeS on My cx8minuiiotL of the accounts of th¢ Company for the yeat ended 31 D¢e¢mber 2023. Re&pon$ibllltles and ba$is of Teport As the Chan'tys tru8tce5 of the Company (at)d o]so its diTectors for the purp(18¢s of ¢onwatsy lawl you are rponSible tor th¢ pr¢paration oftlie acLwunts in ac¢ord4nc¢ with the requirements of the Companies Act 2006 (Ih¢ 2006 Act,). H3viu8 satisfied myself that tFK acLX)ullts of the CompaDy 4r¢ required to ke audit¢d wid¢r Part 16 of the 2006 Act and ar¢ ¢llb]e for IndedenT ¢xamitiation, I rcport in respect of my ¢xaMinl0 of your ¢harity'b aLcouThis as ¢arri out under s¢¢tion 145 of the Chariiies Act 2011 ('th¢ 2011 ACV). tn ¢arrying out rny examination I have followd the Directions wven by the Clwity Commission under seciion 145(5) (b) of the 2011 Act. Independent tXAmlner'$ $tstemellt I bav¢ completed my examin#Èion. I confirni that no matten have come to my attention in cowieciion with the ¢xaTninati¢)n giving cause to believe any material respect.. Th¢ COUnting reci)rds were not kept in accordanc¢ with s¢¢tiun 130 of the ChIll¢S ACL or the t(]ntS do not a¢eord with th¢ accounting records. OT th¢ accounts did not comply with the wlicable requirements concerning th¢ for]n and content of accounts set out in the Chatities (A¢¢ounts and Repotts) Regulations 2008 or sethion 396 of the 2006 Act otheT than any r¢quimJ¢nt that the accounts giv¢ & 'true and fair, vi¢w which is llot a matter con5id¢rd as part of a itidependent examinrdtion. I have no ¢on¢erDs and bave Come across Jjo other atterS in connection with the examination to which altenlion should bc drawn in this report in order io enable a Proper understanding of the atcounts (o b¢ reaehed. R Cooper Wllliy Cooper L5mit¢d Unit 6 H¢riLige Bu8ines5 Centr¢ Derby Road Belp¢r Derbyshire DE56 ISW Date: 18- 9- 2024 Page 5
TheAmerican uarter Horie Assoclatlon UK Limited Siatemfnt of Financial Actlirfthes for th¢ Y¢fir Ended 31 December ZOLI 31.12.23 Tolal Funds 31 12.22 Total Funds UDrestiict¢d Fund Youth Fund Fll[lty Fwid Notes ENDOWMEiYfs FROM Donations arrfl legleS 14,637 14,637 15,911 Charitlblt ¥¢tlvltles Registration f¢¢$ 10,090 10,090 8.755 Other tradin8 a¢tivits¢s InY¢stm¢nt in¢ome 26202 907 956 27,158 907 38,236 ioi Totsl 51.836 956 52.792 63.003 EXPENDVVURE or. Raisin8 fim( 29.887 450 865 31,202 35,547 Ch%rStable actlvltfiei R¢8istration fees 10,301 10,301 9.854 Tot1 50,042 450 865 51.357 57,721 NET INCOME 1.794 (450) 91 1,435 5282 RECONCILIAT10Tr4 OF Total funds brought forw8rd 39,151 7.387 4,562 51,100 45,818 TOTAL FUNDS CARRIED FORWARD 40.945 51,100 Th¢ notes forni part of thGs¢ fjnancwl statetn¢nts Pase 6
The Amerl¢*n 114rter Horse Assori#tion UK Limited Bal&nee Sheet 31 Deeember 2O2J 31.12.23 Total Funds 3K.I2.22 Totsl Funds Unr¢stri¢t¢d Fund Yt)utb Fund Futiuity Fund Notts FIXED ASSETS Tangible Sets 150 150 313 CURRENT ASSETS Stocks Debtors Pray[ents 8nd in¢om¢ Cash ai baJJk 5,5 1,717 5,51KI 1,717 6,000 1,438 12 6,937 51,963 51 47J90 6,937 4,653 59.180 58.781 CREDrroRS Amounts falling du¢ within one 13 (6.795) (6.795) (7.994) NET CURRETrrr ASSETS 40.795 4,653 52,385 50.787 TOTAL ASSETS LESS CURREIYT LIABJLITIES 40,945 6,937 4.653 52.535 51.1(K> NET A&SETS 40.945 6,937 52,535 FUNDS Unrestricted tunds R¢$tri¢ted fLmds 14 40,945 11,590 39,151 TOTAL FUF4DS 52.535 For the year ldIng 31 December ?023 the ¢baritabl¢ company is ¢ntitied ¢x¢mplion from audit under Sectton 477 of th¢ Compale% Act 2006 lating to snyall ¢ompani¢s. The m¢mbers have tt requJThl the ¢ompatty to obtain an audit in a¢coftl8nce with SertÉon 476 of the CoD)ptinies Act 2006. The trustees a¢knowledge th¢ir responsibilities for (8) ¢nsurin8 that lh¢ ¢haTitsbl¢ w[DpY keep$ a¢countin8 records that Comply with Srftions 386 and 387 of th¢ Companie5 Ati 2006 and preparing fit)anci81 statements which give 4 trne and fair view of th¢ stai¢ of affairs of the ebari¢•ble company a5 at the end of ea¢h fiDon¢ial ye8r alld of its surplus or defieit for eaGh fitwlcial year in awordance with the requirements of Sectiolls 394 attd 395 urtd which otherwise Comply with the requirem¢nls of the Companies A¢t 2006 relating to fjna0¢i stat¢D)ents, so far as appli¢abl¢ to the ¢haritable ¢omp4my. O)) The noles fornj part of these financial ateM¢llts Page 7 continucd...
Th¢. Ameriun uarter Horse A5$0CiAtiTrn UK Llmlted I'otes 10 the FiDHnclo1 Ststementg for th£ Year EDded 31 December Z023 ACCOIJNTINC POLICIES Bxsii of prepiring the lknan£lAI st8tem¢nts The finat)ci41 statements of the charitable ¢ompany, which is a public benefii entity under FRS 102, hav¢ been prepared in aoran¢¢ with the CharitÈC5 SORP (FRS 102) 'Accounting and Reporting by Charities: Ststemeni of Reton)mended PTa¢ti¢¢ applicable to charities preparing their a¢¢ounts in accordance with tbe Financial R¢porting StaDdurd applicable in the UK at Republir of Irrlalld IFRS 1021 leffechve l January 2019),, Financial Repurting Sithidard IU2 Yhe Financial Reporting Standord applicable iii the UK and R¢public of Ireland, and the Companies Aet 2006. lThe find1] stst¢m¢nts have been prepared uThkr the hi&torical cost conv¢ntiOn. In¢ome All itKome is gnised in the Stotement of Finan¢ial Activitie5 once the clwity h&s ¢ntitlement to the fiujds, jt is prtsbable tl]at the inci>me will be r¢c¢ivtd and the amount Can b¢ meAsured r¢liably. Expendlture Liabiliti ar¢ recognised as expendinre as soon as IlJere is a legal or ¢on$uuctive obligation COTJmiilting the ¢harity lo that expenditure, Lt is probable that a trdDsfer of economic b¢n¢fii.% w ill bc required in settlement and the am04mt of th¢ obltgation can be nKasurd ieliably. Exp¢nditure is accounted for on an ac¢Tuals basis and has been classified under h¢ath"tW ttmt aggregate all cost related to the categtsry. Wh¢r¢ costs cannot bc diwtly aliributed to particul95 headings thcy hav¢ be¢Th 8llocat¢d 10 aLlitieS on F4 basis nSistent with th¢ us¢ or ]rsouw¢s. Tthglble Ilx¢d assets Depreckation is provid¢d at the followittg &Mnual rates in ord¢r to write off eacb asset over its ¢stimat¢d usefi lif¢. Comwter <quipmeJJt PL4ni and rnachin¢ry 25Q/ on cost 25'A ott cost Stocks Stocks are valued at th¢ lower of eost and net rea"sable valu¢. after I)kIllE due ollowaDC¢ for ob501ete and slow moving iiems. T%x#tion The tlwity is ¢x¢mpt from corporntion on its charitable activilies. Fnd aceountlng Unrestri¢ted fid5 can b¢ used in a¢¢ordan¢e with the chaTitabl¢ objectives &t the discretion olthe truCes. Restricted fund$ ¢all ottly be u$¢d for pgrtilular r¢stri¢t¢d witljill tho objects ol" th¢ rbatity. RestrictiofLS ori$¢ wh¢n $p¢¢ifi¢d by the donor or whal are rdised particular res¢ric*d purpos¢s. Furtberexplartaiiots of The nalur¢ and pwpose of ¢ach fund is included in the not¢s to the rmancl stsiements. pttge 9 continued...
The American arter Horse Ajsociatltsn UK Limited Notes to the Flnalldgl StAtemtnts- eoRtinued for the Year Ended 31 De¢ember 2023 DONATIONS AND LEGACIES 31.12.23 31_12.22 DoDatityns Subscripiions 97 14.540 16 15.895 OTHER TRADING ACTivrriES 31.12.23 3l.12.22 mehandISe Journal Adyerts American QHA Events Futurity nd Other rnis¢ellarteous incorne 1.096 2.318 20 5.543 27,270 2,538 547 4,915 20.555 525 67 27.158 38.236 INVESTMENT INCOME 31.12.23 31.1222 Deposit account int¢rosl 907 ioi INCOME FROM CHARITABLE AcllvITIES 31.12.23 31.12.22 Acttvity Registration feeb R¢8istratioll f¢¢s 10.090 8,755 RAASING FUNDS Risithg doDatloJs nd le¥acle5 31.12.23 31.12.22 Merchandise Subscriptions p8id Journal EY¢nts Futilty fund Adv¢rtisin8 and publicity 1.338 518 3.159 25,182 865 140 2,480 489 2,534 27,559 1,409 Page 10 contitLueiL..
The Amer1¢¥ art¢r Horse A58ociatio UK Llmlted r4o¢ts to tht Finxnelal Statements- continued for the Ytar Ended 3 1 Decenlbcr 2023 SUPPORT COSTS Governan¢e costs Man8g¢meni Finatt¢e Oth¢r Total$ Othcr resource5 expended & Rcgisttation f¢¢s 18,327 591 162 1,075 20,155 NET INCOM Nel income is stated aft¢r ¢bargiDg: 31.12.23 51.12.22 Depr¢¢iatson- owncd asscts 162 162 TRUSTEES, REMUNEIL4TION AND BENEFITS During th¢ year the clwity was ¢hed admini&tyation f¢e& talling £2,329 by R O'Reilly, a dir¢ctor of the snpany. Amounts du¢ to R O'Reilly at the year-end ttstalled £1,216. io. TANGIBLE FIXED ASSETS CoEnputer equipnwkt COST At l January 2023 Addhiions 3,004 DEPRECIATION Ai l January .7023 Charge for y¢ar 2.692 162 At 31 December 2023 NET BOOK VALUE At 31 D¢cember 2023 150 At 31 December 2022 313 Pagell continue¢l..
Tre American arter Horse Assoeiatlon IIK ljmlted Notes to the FID4n¢Sal Statements- fontinutd for the Year EdEd 31 Deeember 2023 STOCKS 31.12.23 31.12.22 Stocks 5.500 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.23 31.12.22 Trade debtors Pr¢p•yrneJL8 aud ae¢n in¢oJn¢ 1.717 13. CREDrroRS.. AMOUNTS FALLING DUE WITHLY ONE YEAR 31.12.23 31.12.22 Trnde crtditors Accrued expenses and def¢rr incotne 2.828 4,195 14. MOVEMEF4T IN FUNDS N¢t nx)v¢Jn¢ni in funds At 31.12.23 At 1.1.23 Unres¢rieted funds General fvnd 39,151 1,794 40.945 RestrAct¢d funds Youth Fund Futurity Fund 7,387 (450) 91 6,937 359 TOTAL FUNDS Net movement in fijnds, in¢luded in thekne are as follows.. Incomin8 8OUtC¢8 R¢50wces expend¢d Mov¢m¢nt in funds Unrestricted fund$ Geral fi]nd 51,836 ($0,042) I,794 Restrictcd funds Youth Fund Futurity Fund (450) 865 (450) 9L 956 956 11,3151 359 TOTAL Fuf4DS 51 Pagc 12 cotstinued..
The American
rter Horse Assocl*tlon
[IK 14imited Notes to tht Flnanelal Sta¢emellts- ¢ontlMued for thr Yur Ended 31 December 2023 14. MOVEMENT IN FUNDS- continued Comp%Lr*tlve5 for movemeni lrt fund$ Net rnov¢m¢nt in funds TTansf¢r8 b¢twe¢n filnds At 31.12.22 Atl.1.22 Unre5tTltted fuhd5 G¢n¢ral fund 34,998 4,153 39,151 Restri¢t¢d funds Youth Fund Futitrity Fund 7.387 7,387 4.562 1,129 11.949 TOTAL FiJT4DS 45,8l8 Cornparatiye net moYem¢nt ill funds, included in the above ar¢ a& follows: Incoming T¢sources Resowce5 Movem¢nt expended in fiuth Unrestrieted futhds General fijnd 60.465 {56J12) 4.153 RestYA¢t¢d fuDd8 Yi)uih Fund FuluTity Fund 2,538 2.538 1.409 T(yfAL FUNDS 157.721 5,282 A uyrent year 12 aud prior y¢gr 12 tuonths combiJ1 position is a8 follow5.' Net movcnient in fi]ndg Transfers between run Ai 31.1223 At 1.1.22 Unrestrieted General fund 34.998 5.947 40,945 Rtstrlcted fuDd8 Youth Fund FutyTity Fund 7,387 (450) 220 6,937 10,820 770 TOI'AL FUNDS 6,717 Pag¢ 13 continued..
The American arter Horse A$socistioD UK Llmlted N•tts to tbt Flnan¢lal StAt¢ments- £oDthiued ffjr tht Ye8r Eded 31 Deceniber 2023 14. MOVEMRNT Ir4 FUNDS- eODtinued A CunI year 12 months and prior year l2 months Combin nd Tllovement in funds, irKluded in th¢ above are as folli)ws.' Incoming resourceb ResouT¢e5 expended Movement in funds Unrestricted fwid$ GeneTal fimd 112.302 (106J55) 3,947 Restricted funds Youth Fund Fuiurity Fund (450) (450) 1.220 770 3,493 3.493 {2.7231 TOTAL Fuf4DS I l5.795 (109 078 Th¢ Youth Fund %¢hem¢ is to ¢n¢ourage youth mqnbers with regis*rcd horses io $how$ and events. Th¢ AQHA UK Futyrity scherne is to en¢oura8¢ mernbvs with iegist¢red hors¢s to participate in ¢xtra classes at our shows. Add¢d prize money is accnL¢d froDJ scheme enty f¢es and wjded sw)llsorship. 15. RELATED PARTY DISCLOSURES Tr4n$#diotts with relAtsd parties Ther¢ w¢re no relat¢d party transa¢iion5 during the year. Page 14
The Amorlcan 4rt¢r Horit As$oel#tlon UK Limlted DetAUed SttemeDt fyf FIDan¢ial Aetivitles for tht Ye#r Etsded 31 December 2011 31.12.23 31.12.22 IFICOME AND ENDOWMEN'TS DollatIo$ and legci Donaiions SubwiptioDs 97 16 15,895 14,637 15,911 Other tr8diD¥ activities Merchartdisc Journal Adv¢rts Atnerican QHA Events Futurity fvnd (lth¢r misc¢llan¢47us income 2,318 20 5,543 27,270 2.538 547 4,915 20,5S5 525 67 27,158 38236 Jnve$tthent IMcom¢ Deposit ar¢ount interest 907 Charftsble *ctivltles R¢8ists8tion fees 10.090 8,755 Total In¢omlne resources 52,792 63,(N)3 EXPENDITURE R#ising dollltlons l¢gitles Merchandise Subscriptions paid Joumal Events Futurity fLll Adv¢rtisin8 publicity ,338 518 3,159 25.182 865 140 2,480 489 2,534 27,559 1,409 31,202 35,547 Support eosts MAnagemen¢ Administrator's expenses Bookke¢ping fee5 Prinhng and siationery Postage l]L4uran¢e Tel¢phone Computer expenses Carried forward 6,842 1,767 1.825 1.758 3,211 134 8.241 2,615 2.179 1.010 2,456 138 17,843 18.270 This pag¢ does fthmi of the ststhtory fsoaueial stat¢m¢nts P4ge 15
The Amerltan arter Htsr5e Asststlatio• UK Limited Dtthlled Statement of Financial A¢livirfe$ for the Year Ended 31 Deeember 2023 31.12.23 31.12.22 Management Brou8hi fonvard Professional Charges 17,843 484 18,270 18,327 20,420 Finlnrt Bank charges 591 623 (Xhtr Comput¢r equipjneni depreciation Plallt and ma¢bAn¢ry d¢pre¢iJtion 88 74 88 74 Governance costs Accountancy and Icgal fees Council travel and exp¢n5es 1.045 30 903 66 1.075 969 Totsl re$owces expended Net Ine¥Jm¢ This page d8 not forni port of Ihe statutory f]nanci¥l ststements Pag¢ 16