PHIL'S FARM RIDING FOR THE DISABLED an Limited b Guarantee) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31STMay2024 Re "stered Charit Number- NIC 108642 Com an Re 'stration Number Nl 653304 PHIL'S FARM RIDING FOR THE DISABLED CONTENTS PAGE PAGE Directors and Other Informatlon Trustees Report Independent Examinerfs Report Statement of Financial Activitles Balance Sheet PHIL'S FARM RIDING FOR THE DISABLED DIRECTORS AND OTHER INFORMATION FOR THE YEAR ENDED 31 May 2024 Registered charity name Phil's Farm Riding for the Disabled Charlty number NIC 108642 Princlpal office 75 Cortamlat Road Altnamackin Newry Co. Down BT35 OEL Dirertors Ms V Donaldson Mr P J Brown Mr L McBride Mrs H E McKee Mr N Nugent Independent Examiner WHR Accountants Ltd Chartered Certified Accountants Statutory Auditors 56 English Street Armagh Co Armagh BT617LG Bankers Santander 63 Hill Street Newry BT34 IBT PHIL'S FARM RIDING FOR THE DISABLED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 May 2024 The trustees who are also directors of the charlty for the purposes of the Companies Act 2006, submlt 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 Charltles" Issued in 2008 in preparing the annual report and financial statements of the charity. Reference and administrative details of the chari Details contalned 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 and fair view of the charitws 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 suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent; state whether applicable UK accounting standards and statement5 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 operation. 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 position 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 steps for the prevention and detection of fraud and other irregularities. Risk assessment The trustees do not believe the company 15 subject to any substantial risks beyond the liabilities disclosed in the financial accounts. It holds public liability insurance. The company has a formal risk assessment register, which is reviewed on a regular basis. PHIL'S FARM RIDING FOR THE DISABLED continued... REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2024 Ob ectives and activlties 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 Charity had no income for the year. 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: 29 October 2024 PHIL'S FARM RIDING FOR THE DISABLED INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF PHIL'S FARM RIDING FOR THE DISABLED Year Ended 31 Ma 2024 WE REPORT ON THE ACCOUNTS OF THE CHARITY FOR THE YEAR ENDED 31 MAY 2024 Res ective Res onsibilities of Trustees and Inde endent Examiner The charity's trustees are responsible forthe preparation of the accounts. Having satisfied ourselves that the charity is not subject to audit under company law and is eligible for independent examination, it is our responsibility to state - on the basis of our examination - whether particular matters have come to our attention. Basls of Inde endent Examinerfs Staternent Our examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on whether the accounts present a 'true and fair vieMI. Inde endent Examlnerfs Statement In connettion with our examination, no matter has come to our attention which gives us reasonable cause to believe that in any rnaterial respect the trustees have not met the requirements to ensure that proper books of account are kept; and accounts are prepared which agree with the books of account and comply with the methods and principles of the Statement of Recommended Practice Accounting and Reporting by Charities. WHR Accountants Ltd Independent Examiner 56 English Street, Armagh, BT617LG Date: 29 October 2024 PHIL'S FARM RIOING FOR THE DISABLED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 Ma 2024 31 5 2024 INCOME EXPENSES De reciation 131 131 DEFICIT R THEYE The financlal statements were approved by the Board of Trustee5 on 29 October 2024, and signed on its behalf by Trustee PHIL'S FARM RIDING FOR THE DISABLED BALANCE SHEET AS AT 31 Ma 2024 FIXED ASSETS Tangible Assets 393 CURRENT ASSETS Cash at Bank Other Debtor 4,670 40 NEf CURRENT ASSErs AL ASSETS LESS CURRENT LIABILITIES RESERVES Opening Balance at l June 2023 5,234 Deficit for the ear 131 Closin Balance at Ima 2024