2025-09-30-annual-report

Raleagh Equine Rescue Limited Company No. NI041520 Trustees' Report For The Year Ended 30 September 2025

The trustees present their report and the financial statements for the year ended 30 September 2025.

Objectives and Activities

Aims and Objectives

The company's objectives 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 promote knowledge of their proper 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, maintenance and management of a home of rest or homes of rest 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.

The company continues to develop the farmyard by updating the outhouses and sheds and other accommodation for the equines. Plant and machinery was also renewed, repaired or replaced as necessary.

Public Benefit

The public benefit of the charity as follows:

To organise educational meetings at the sanctuary for both children and adults. These horses willhelp children to grow in a positive healthy environment. To educate the public on all matters concerning the welfare of these animals enabling the community to interact more positively with others. The directors believe that all the charity’s donations etc. should be put to the maximum use and so no director receives any payment, fess nor any benefit in kind from the charity, 100% of what is received by the charity is used for the equines care and upkeep. Our purpose is to prevent and relieve cruelty to horses etc. and to protect them from unnecessary suffering and encourage a knowledge and love for horses and of their proper care and treatment among the people of Northern Ireland.

We wish to prevent the pain and suffering of horses. The sanctuary has been looking after equines since 2001 and we find homes for unwanted horses etc. throughout Northern Ireland. Most of our horses are elderly and some suffer from the human equivalent of arthritis and so they must be treated for this. Their teeth must also be treated by an equine dentist, this is very important, because if they have bad teeth, they will not be eating correctly. We have approximately 35 equines at the sanctuary at any time, we would like to have more but unfortunately the amount of land we have restricts the number of horses etc. that we can look after.

We also have upwards of 68 out on loan to members. If any one wishes to take a horse out please contact us. The charity provided a suitable environment for the equines to live in: we ensure that they have a healthy diet including supplements were necessary, have the appropriate company as horses are sociable animals and are protected from pain, suffering, injury and disease. All the equines are wormed on a regular basis and the farrier visits the sanctuary on a regular basis’s. The equines are inspected at least once a day to ensure that they are as healthy as possible considering their age. To ensure that we operate a best practice approach in the sanctuary we have arranged for a British Horse Society Approved Yard Owner to review the sanctuary every three of four months. We will not put a horse down unless a Veterinary Surgeon has advised this final course of action and this will be carried out by the Veterinary Surgeon in a very humane manner.

Trustees

The Trustees that have served during the year are listed on page 1.

Achievements and Performance

Main Achievements

Having stabilised the day to day running of the charity following form the loss of our administrator, we have focussed on our budgetary & financial structure, both in the short term & long term. Throughout this period animal welfare has been central to everything we do. Whilst some losses have been experienced due to age related issues, we have been able to maintain our numbers, with a healthy waiting list and new incoming equines. We are planning our educational objectives, with the hope of continuing to foster strong community & scholastic links, with a view to exploring the therapeutic value of the charity to enhance mental health.

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Raleagh Equine Rescue Limited Trustees' Report (continued) For The Year Ended 30 September 2025

Financial Review

Financial Position

The charity's incoming resources have reduced over the year, reduced from £93,947 to £93,859. In addition, the charity has experienced an increase in its resources expended from £89,104 to £110,739. The deficit in the year excluding revaluation gains was £16,880 (2024: Surplus of £4,843). Revaluation gain on investments in the year was £195,821 resulting in an overall gain in the year of £178,941. The trustees are working at future proofing of the charity’s financial health for future years.

Structure, Governance and Management

Nature of governing document

Raleagh Equine Rescue Limited is a company limited by guarantee, incorporated on 13 September 2011, and was formally granted charitable status on 18 May 2015.

The company was established under a Memorandum and Articles of Association which established the objects and powers of the charitable company and is governed by these articles. In the event of the company being wound up, members are required to contribute an amount not exceeding £1.

Recruitment and appointment of trustees

The make-up of the board is reviewed on a regular basis to ensure skills, knowledge and experience meets the needs of the charitable company. Directors are appointed by election of the members of the company in accordance with the memorandum and articles of association.

Statement of Trustees' Responsibilities

The trustees (who are also the directors of Raleagh Equine Rescue Limited for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

• select suitable accounting policies and apply them consistently;

• observe the methods and principles in the Charities SORP;

• make judgements and estimates that are reasonable and prudent;

• state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They 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.

The trustees' report was approved by the board of trustees and signed on its behalf by:

alex hughes

Mr Kenneth Leslie Stewart Trustee Date 09 May 2026

Mrs Alex Hughes Trustee

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