COMPANY REGISTRATION NUMBER: N1041520
CHARITY REGISTRATION NUMBER: NIC102497
Raleagh Equine Rescue Limited
Company Limited by Guarantee
Financial Statements
30 September 2022

Raleagh Equine Rescue Limited
Company Limited by Guarantee
Financial Ststements
Year ended 30 September 2022
Page
Trustees, annual report (incorporating the director's report)
Independent examiner's report to the trustees
Statement of financial activities (including income and expenditure
account)
statement of financial position
Notes to the financial statements
10

Page 1
Raleagh Equine Rescue Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 30 September 2022
The Irustees, who are also th¢ directors for the purposes of company law, present their report and the
unaudited financial statements of the charity for the year ended 30 September 2022.
Reference and administrative details
Registered ebarity name
Raleagh Equine Rescue Limited
Charity registration number
NIC102497
Company registration number N1041520
Principal otTice and registered I l O Drumnaconnagher Road
office
Crossgar
County Down
BT30 9JJ
The trustees
Mr R G Riddall
Mrs D A Riddall
Mr K L I Stewart
Mrs A Hughes
Miss L Stewart
Mr B Roycroft
Company secretary
Mr B Roycroft
Independent examiner
David Kiiox
for and on behalf of Johnston Graham Limited
Chartered Accountants
2161218 Holywood Road
Belfast
BT4 IPD
Structure? governance and management
Governing Document
The organisation is a charitable company limited by guarantee, incorporated on 13 September 2001 and
registered as a charity on 15 October 2001. The company was established under a Memorandum of
Association which established the objects and powers of the charitable company and is govemed under its
Articles of Association. In the event of the company being wound up meinbers are required to contribute an
amowit not exceeding £6.

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Raleagh Equine Rescue Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) f¢ontlnue(l)
Year ended 30 September 2022
Structur& governance and management (eontiftu¢d)
Recruitment and Appoilltmellt of Management Committee
The directors of the company are also charity trustees for the purpose of charity law and under the
company'5 Articles are known as mernb¢rs of th¢ Management Committee. Under the requirements of the
Memorandum and Articles of Association th¢ members of the Management Committee are elected to serve
for a period of three years after which they must be re-elected at the next Annual Generdl Meeting.
MT R G Riddall and Mr B Roy¢roft retire by rotstion and, being eligible. offer themselves for re-election.
Objectives and activities
The company's obje¢tives and principal activities are to:
Prevent and relieve cruelty to horses, to protect them from unnecessary suffering, and by making
arrangements for the adoption of such animals and to promot¢ knowl¢dg¢ of th¢ir prop¢r care and treatment
among the public.
Ameliorate the pain and suffering of horses which are for any reason unfit for work or in need of care by
the provision, rnaintenance and management of a home of rest or homes of resl or by the provision of
suitable work under the supervision of the Company or by arranging for their painless destruction or by any
combination of such means as aforesaid.
Achievements and performance
The company continues to develop the fannyard by updating the outhouses and sheds and other
accommodation for the equines. Plant and machinery was also renewed, repaired or replaced as necessary.
Flnancial revlew
The charity's incoming resources have decre&sed over the year, decre&8ing from £109,582 to £96,114. In
addition the charity has experienced an increase in its resources expended from £78,942 to £84,459. The
net incoming resources for the year were £1 1,655 (2021 £30,640) before a net loss on investments of
£1,591 (2021 a net gain of £37,077), and a revaluation loss of £92,529 on investments (2021 a gain of
£215,776).

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Raleagh Equine Rescue Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 September 2022
Plans for future periods
The charity plans to continue its objectives outlined above. During the following year it is hoped to
organise, sponsor and conduct (whether alor]e or with oihers) equine events and visits to the sanctuary by
interested parties.
COVID 19
Du¢ to the impact of Covid 19, the investment income has shown decrease this year. companies are
retaining their cash reserves until the position has become more clear. This has not impacted on the
liquidity nor the operational capability of the charity.
RESPONSIBILITIES OF THE TRUSTEES
The trustees (who are also the directors of Raleagh Equine Rescue Limited for the purposes of company
law) are responsible for preparing the Trustees Annual Report and the financial statements in accordance
with applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under that law
the trustees have elected to prepare the financial statemenls in accordance with United Kingdom Generally
Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under
company law the trustees must not approve the financial statements unless they are satisfied thal they give
a true and fair view of the state of affairs of the charitable company and the incom¢ and expenditure of the
charitable company for that period.
In preparing these financlal statements, the trustees are required to:
select suitable accounting policies and then apply them consistently>
observe the methods and principles in the Charities SORP.
make judgements and accounting estimates that are reasonable and prudent.
state whether applicable UK Accounting Standards have been followed, subjecl to any malerial departures
disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charitable company will Continue in operation.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the charitable company's transactions and disclose with reasoiiable accuracy at any time the financial
position of the charitable company and enable thein to ensure that the financial statements comply with the
Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charitable
company and hence for taking reasonable steps for the prevention and detection of fraud and other
irregularities.

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Raleagh Equine Rescue Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continuedj
Year ended 30 September 2022
Small company provisions
This report h&$ been prepared in accordance with the provisions applicable to companies entitled to the
small companies exetnption.
The trustees, annual report was approved on 15 June 2023 and signed on behalf of the board of trustees by..
Mr K L I Stewart
Trustee