IDI REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 May 2023 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, submit their annual report and the audited financial statements for the year ended 31 May 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in 2008 in preparing the annual report and financial statements of the charity. Reference and administrative details of the charit Details contained in Page 3. its trustees and advisers Structure Governance and Mana ement The charity is a charitable company limited by guarantee and was set up 25 May 2018. It is governed by a memorandum and articles of association. Its objects are to provide both able bodied and disabled riding lessons and pony trekking. Statement of trustees, res onsibilities The trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations. Law applicable to charities in Northern Ireland require the trustees to prepare financial statements for each financial year which give a true a nd fair view of the charity'5 financial activities during the year and of its financial position at the end of the year. In preparing these financial statements, the trustees are required to: select suita ble accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent; State whether applicable UK accounting standards and statements of recommended practice have been followed; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in OPÈration. The trustees are responsible for keeping accounting records that disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial posltion of the charity and which enable them to ensure that the financial statements comply with (applicable law, regulations and trust deed). They are also responsible for safeguarding the assets of the charity and hence for taking reasonable step5 for the prevention and detection of fraud and other irregularities. Risk assessment The trustees do not believe the company is subject to any Substantial risks beyond the liabilitie5 disclosed in the fina ncial accounts. It holds public liability insurance. The company ha5 a formal risk assessment register, which is reviewed on a regular basis.
continued... REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2023 Ob'ectives and activities To provide riding lessons and pony trekking for both abled bodied and disabled people. Achievements and erformance The Charity was unable to provide any riding lessons during the year due to Covid 19 and the restrictions imposed by the government. Financial Review The Charities only source of income during the year were grants that it received as detailed on page Inde endent Examiner WHR ACCOUNTANTS LTD has been appointed as independent examiner for the ensuing year. Re istered Office 56 English Street Armagh Co Armagh BT617LG Signed by. order of the trustees Mr P Brown Date: 26 January 2024