Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253
REGISTERED COMPANY NUMBER: SC102661 (Scotland) REGISTERED CHARITY NUMBER: SC002041
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 June 2025
for
The Glasgow Group of the Riding for the Disabled Association
Bell Barr & Company Chartered Accountants
2 Stewart Street Milngavie Glasgow G62 6BW
Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253 The Glasgow Group of the Riding for the Disabled Association
Contents of the Financial Statements for the Year Ended 30 June 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | to | 8 |
| Notes to the Financial Statements | 9 | to | 17 |
Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253 The Glasgow Group of the Riding for the Disabled Association
Report of the Trustees
for the Year Ended 30 June 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Group's objectives are to promote the Riding for the Disabled Association by providing people with disabilities (or special needs) in Glasgow and the surrounding area with the opportunity to ride to benefit their health and well being.
The welfare of the group of people is improved by:
Offering riding which helps the balance, mobility, strength, co-ordination and improved confidence and self esteem of the rider.
Caring for and contact with the horse which provides proven therapeutic benefits to those with special needs.
Providing a meeting place at the Riding centre for parents, family members and carers to form groups for mutual support.
Using a large number of volunteers to assist in service provision and in this work developing their own potential.
Significant activities
During the year, RDA Glasgow Group delivered approximately 4,000 hours of riding, equine assisted therapy, and Stable Management sessions to over 300 participants. This included regular weekly sessions for nine Additional Support Needs Schools throughout the academic year, as well as individual participants attending riding, stable management, and Tea With a Pony sessions. We also supported five care homes through our Tea With a Pony programme.
Participants attended from across Glasgow, East and West Dunbartonshire, South Lanarkshire, Renfrewshire and some further afield, reflecting the wide regional reach of our services. Activities were delivered seven days a week, with morning, afternoon, and evening sessions to ensure accessibility for families, schools, and care settings.
The charity was supported by a volunteer bank of around 150 registered volunteers, with a core group of around 60 volunteering regularly across sessions and horse care. Their contribution remains essential to the delivery of our charitable activities.
All activities undertaken during the year furthered the charity's purpose of improving the lives of people with disabilities through equine assisted activities and therapy, and the Trustees confirm that the charity has continued to provide clear public benefit in line with OSCR guidance.
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Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253
The Glasgow Group of the Riding for the Disabled Association
Report of the Trustees
for the Year Ended 30 June 2025
FINANCIAL REVIEW
Financial performance
The funding environment continues to be very challenging as many Funders streamline their criteria to target specific chosen areas. These are often aimed at capital items and specific activities rather than to support ongoing running costs for the Centre. Our focus has remained on Grant and Trust applications and we are grateful for the support we have received.
The result for the year was a deficit of £80,519. As with many organisations, we have been impacted by and continue to be impacted by rising costs in all areas; however, we continue to remain prudent in our expenditure, whilst remaining focused on delivering the aims of the charity.
The charity continues to rely on a broad and diverse range of funding sources, including grants, donations, and community fundraising.
As with many charitable organisations, the Trustees recognise that the wider funding landscape has become increasingly competitive, with requests for support exceeding the resources available. At the same time, operational costs have continued to rise.
In response, the Trustees are actively implementing a combination of income enhancing initiatives and cost efficiency measures to strengthen the charity's financial position and ensure the long term stability of the centre.
Investment policy
The Board of Management maintains a policy of appointing a reputable firm of stockbrokers who have discretionary powers to invest a portfolio of investments for a balanced return with low to medium risk. The Board of Management have an overall strategy which includes maintaining a suitable level of funds in fixed interest and cash. This strategy is under regular review by the Board.
Reserves policy
The Board of Management has reviewed the reserves policy and our aim is to keep the equivalent of a minimum of six-months' running costs in free reserves. The current level of reserves fall short of this target and the trustees have implemented a range of measures toward addressing this.
While the Charity presently enjoys the benefit of a long-term lease from the landowner Glasgow City Council, nevertheless a cautious and prudent approach dictates the retention of funds.
Going concern
The Trustees are required to prepare financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue to operate, and the financial statements continue to be prepared on the going concern basis.
However, the Trustees note that the charity faces financial pressures over the coming twelve months and that not all income required to meet projected costs is currently secured. This gives rise to a material uncertainty regarding going concern. The Trustees are taking proactive steps to strengthen the charity's financial position and are confident in the organisation's ability to deliver its core activities while these measures progress.
FUTURE PLANS
The Board remain focused on the need to upgrade and improve the centre's facilities to provide our service users with a safe and welcoming environment to meet the ever-changing challenges they encounter.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constitution
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
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Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253
The Glasgow Group of the Riding for the Disabled Association
Report of the Trustees
for the Year Ended 30 June 2025
The organisation is a charitable company limited by guarantee and not having a share capital, incorporated on 7 January 1987. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed by its Articles of Association. In the event of the company being wound up, members of the Group are required to contribute an amount not exceeding £1.
The charity has a Board of Management consisting of trustees who are responsible for the strategic direction and policy of the charity.
Recruitment and appointment of new trustees
As the objects of the charity relate to people with disabilities (or special needs) and to horses it is appropriate that the majority of trustees are or have been engaged in caring for and training those with disabilities or looking after horses. In addition the Board of Management includes those with legal and financial expertise. Where skills are lost through retirements, individuals are approached to offer themselves for election to the Board of Management.
New trustees are invited and encouraged to familiarise themselves with and to seek information about the workings of the charity and its objects from existing trustees and from other staff members.
This familiarisation process includes perusal of the Memorandum and Articles of Association, Standing Procedures, latest published accounts and budgets. Each new trustee is given a copy of the OSCR publication "Guidance for Charity Trustees".
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC102661 (Scotland)
Registered Charity number
SC002041
Registered office
Sandyflat Caldercuilt Road Summerston Glasgow G23 5NA
Trustees
M S Brown L E Fair J Weatherill (resigned 1.4.2026) B Watt (appointed 8.1.2025) (resigned 27.10.2025) R F Nicol (appointed 28.10.2025)
Independent Examiner
Bell Barr & Company Chartered Accountants 2 Stewart Street Milngavie Glasgow G62 6BW
Approved by order of the board of trustees on 12 June 2026 and signed on its behalf by:
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Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253
The Glasgow Group of the Riding for the Disabled Association
Report of the Trustees for the Year Ended 30 June 2025
M S Brown - Trustee
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Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253
Independent Examiner's Report to the Trustees of The Glasgow Group of the Riding for the Disabled Association
I report on the accounts for the year ended 30 June 2025 set out on pages six to seventeen.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An 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 I do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
In connection with my examination, no matter has come to my attention :
-
(1) which gives me reasonable cause to believe that, in any material respect, the requirements
-
to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
-
to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Material uncertainty related to going concern
Attention is drawn to the Going Concern paragraph in the Report of the Trustees and also Note 1 of the financial statements, which indicate that a material uncertainty exists that may cast doubt on the charity's ability to continue as a going concern. My opinion is not modified in respect of this matter.
Jennifer Irvine
The Institute of Chartered Accountants of Scotland
Bell Barr & Company Chartered Accountants 2 Stewart Street Milngavie Glasgow G62 6BW
12 June 2026
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Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253
The Glasgow Group of the Riding for the Disabled Association
Statement of Financial Activities for the Year Ended 30 June 2025
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 102,096 Charitable activities 5 Charitable activities 75,453 Other trading activities 3 15,671 Investment income 4 4,284 Other income 28,586 Total 226,090 EXPENDITURE ON Raising funds 6 8,189 Charitable activities 7 Charitable activities 297,218 Total 305,407 Net gains/(losses) on investments (189) NET INCOME/(EXPENDITURE) (79,506) Transfers between funds 16 9,664 Net movement in funds (69,842) RECONCILIATION OF FUNDS Total funds brought forward 417,044 TOTAL FUNDS CARRIED FORWARD 347,202 |
Restricted funds £ 61,195 - - - - 61,195 - 62,208 62,208 - (1,013) (9,664) (10,677) 22,601 11,924 |
30.6.25 Total funds £ 163,291 75,453 15,671 4,284 28,586 287,285 8,189 359,426 367,615 (189) (80,519) - (80,519) 439,645 359,126 |
30.6.24 Total funds £ 122,911 74,435 16,715 6,273 17,745 238,079 8,008 300,562 308,570 12,981 (57,510) - (57,510) 497,155 439,645 |
|---|---|---|---|
The notes form part of these financial statements
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Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253
The Glasgow Group of the Riding for the Disabled Association
Balance Sheet
30 June 2025
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 12 190,273 Investments 13 137,859 328,132 CURRENT ASSETS Debtors 14 24,713 Cash at bank and in hand 21,222 45,935 CREDITORS Amounts falling due within one year 15 (26,865) NET CURRENT ASSETS 19,070 TOTAL ASSETS LESS CURRENT LIABILITIES 347,202 NET ASSETS 347,202 FUNDS 16 Unrestricted funds: General fund Tangible Fixed Asset fund Restricted funds TOTAL FUNDS |
Restricted funds £ - - - - 29,412 29,412 (17,488) 11,924 11,924 11,924 |
30.6.25 Total funds £ 190,273 137,859 328,132 24,713 50,634 75,347 (44,353) 30,994 359,126 359,126 156,928 190,274 347,202 11,924 359,126 |
30.6.24 Total funds £ 210,006 178,835 388,841 26,740 59,594 86,334 (35,530) 50,804 439,645 439,645 207,037 210,007 417,044 22,601 439,645 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253
The Glasgow Group of the Riding for the Disabled Association
Balance Sheet - continued
30 June 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 12 June 2026 and were signed on its behalf by:
L E Fair - Trustee
M S Brown - Trustee
The notes form part of these financial statements
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Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253 The Glasgow Group of the Riding for the Disabled Association
Notes to the Financial Statements for the Year Ended 30 June 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
The Trustees are required to prepare financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue to operate, and the financial statements continue to be prepared on the going concern basis.
However, the Trustees note that the charity faces financial pressures over the coming twelve months and that not all income required to meet projected costs is currently secured. This gives rise to a material uncertainty regarding going concern. The Trustees are taking proactive steps to strengthen the charity's financial position and are confident in the organisation's ability to deliver its core activities while these measures progress.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Donations and associated gift aid are accounted for when received. Legacies and similar income are recognised at fair value when the executor is satisfied that the gift will not be required to meet claims on the estate and any conditions have been met or are within the control of the charitable company.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 2% on cost Plant and machinery - 10% on cost and 5% on cost Fixtures and fittings - 25% on cost Motor vehicles - 25% on cost Computer equipment - 25% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
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Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253 The Glasgow Group of the Riding for the Disabled Association
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
1. ACCOUNTING POLICIES - continued
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the account.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
2. DONATIONS AND LEGACIES
3.
| Donations Gift aid Legacies Grants Sponsorships, subscriptions and other voluntary income Grants received, included in the above, are as follows: Other grants OTHER TRADING ACTIVITIES Fundraising events Arena hire Coffee bar |
30.6.25 £ 14,134 2,196 5,500 109,227 32,234 163,291 30.6.25 £ 109,227 30.6.25 £ 6,331 8,418 922 15,671 |
30.6.24 £ 13,780 179 - 98,507 10,445 122,911 30.6.24 £ 98,507 30.6.24 £ 7,909 7,710 1,096 16,715 |
|---|---|---|
continued...
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Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253 The Glasgow Group of the Riding for the Disabled Association
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
| 4. INVESTMENT INCOME Income from listed investments Deposit account interest 5. INCOME FROM CHARITABLE ACTIVITIES Activity Disabled riders and driving Charitable activities 6. RAISING FUNDS Investment management costs Portfolio management 7. CHARITABLE ACTIVITIES COSTS Charitable activities 8. DIRECT COSTS OF CHARITABLE ACTIVITIES Staff costs Rent, rates and water Insurance Light and heat Telephone Postage, stationery and computer expenses Advertising Sundries Pony and equipment upkeep Purchase of ponies Repairs and maintenance Payroll charges Biomass expenses Motor and tractor expenses Cleaning Staff training Audit/Independent Examination Legal and professional fees Accountancy fees Depreciation Carried forward |
30.6.25 30.6.24 £ £ 3,865 5,899 419 374 4,284 6,273 30.6.25 30.6.24 £ £ 75,453 74,435 30.6.25 30.6.24 £ £ 2,604 2,048 Direct Costs (see note 8) £ 359,426 30.6.25 30.6.24 £ £ 160,015 151,982 7,869 5,640 19,439 15,999 47,726 35,451 1,614 1,578 5,236 7,052 - 42 8,695 5,654 39,230 27,730 4,268 2,000 30,172 9,326 - 840 1,873 4,761 6,704 4,724 1,302 1,328 1,590 886 1,440 1,380 - 540 2,488 2,880 19,733 20,647 359,394 300,440 |
|---|---|
continued...
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Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253 The Glasgow Group of the Riding for the Disabled Association
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
8. DIRECT COSTS OF CHARITABLE ACTIVITIES - continued
9.
| Brought forward Interest payable and similar charges NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets |
30.6.25 £ 359,394 32 359,426 30.6.25 £ 19,733 |
30.6.24 £ 300,440 122 300,562 30.6.24 £ 20,647 |
|---|---|---|
10. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.
11. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 30.6.25 Yard staff/groundsman 7 Office staff 2 9 |
30.6.24 7 2 9 |
|---|---|
No employees received emoluments in excess of £60,000.
continued...
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Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253 The Glasgow Group of the Riding for the Disabled Association
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
12. TANGIBLE FIXED ASSETS
| COST At 1 July 2024 and 30 June 2025 DEPRECIATION At 1 July 2024 Charge for year At 30 June 2025 NET BOOK VALUE At 30 June 2025 At 30 June 2024 COST At 1 July 2024 and 30 June 2025 DEPRECIATION At 1 July 2024 Charge for year At 30 June 2025 NET BOOK VALUE At 30 June 2025 At 30 June 2024 FIXED ASSET INVESTMENTS MARKET VALUE At 1 July 2024 Additions Disposals Revaluations At 30 June 2025 NET BOOK VALUE At 30 June 2025 At 30 June 2024 |
Long leasehold £ 590,555 403,695 11,811 415,506 175,049 186,860 Motor vehicles £ 46,883 46,883 - 46,883 - - |
Fixtures Plant and and machinery fittings £ £ 192,991 101,491 169,845 101,491 7,922 - 177,767 101,491 15,224 - 23,146 - Computer equipment Totals £ £ 2,564 934,484 2,564 724,478 - 19,733 2,564 744,211 - 190,273 - 210,006 Listed investments £ 178,835 164,988 (199,035) (6,929) 137,859 137,859 178,835 |
|---|---|---|
13. FIXED ASSET INVESTMENTS
There were no investment assets outside the UK.
continued...
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Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253
The Glasgow Group of the Riding for the Disabled Association
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade debtors Accruals Prepayments 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security and other taxes Pension Deferred income Accrued expenses 16. MOVEMENT IN FUNDS Net movement At 1.7.24 in funds £ £ Unrestricted funds General fund 207,037 (59,773) Tangible Fixed Asset fund 210,007 (19,733) 417,044 (79,506) Restricted funds Adapt & Thrive 11,254 (1,590) Hedley Foundation 3,000 - BWCT 2,500 (2,500) Glasgow Community Wellbeing fund 4,847 (4,847) Anne Duchess of Westminster Fund 1,000 (1,000) Pony Sponsorship - 8,924 22,601 (1,013) TOTAL FUNDS 439,645 (80,519) |
30.6.25 £ 8,499 1,026 15,188 24,713 30.6.25 £ 14,532 1,363 623 23,190 4,645 44,353 Transfers between funds £ 9,664 - 9,664 (9,664) - - - - - (9,664) - |
30.6.24 £ 9,687 1,039 16,014 26,740 30.6.24 £ 8,279 1,132 564 22,831 2,724 35,530 At 30.6.25 £ 156,928 190,274 347,202 - 3,000 - - - 8,924 11,924 359,126 |
|---|---|---|
continued...
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Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253 The Glasgow Group of the Riding for the Disabled Association
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
16. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Tangible Fixed Asset fund Restricted funds Adapt & Thrive Bank of Scotland Glasgow City Council BWCT Glasgow Community Wellbeing fund Hospital Saturday fund Anne Duchess of Westminster Fund Front Door Fund Arnold Clark Pony Sponsorship TOTAL FUNDS |
Incoming resources £ 226,090 - 226,090 - 24,524 5,829 - 3,281 800 - 6,512 1,000 19,249 61,195 287,285 |
Resources expended £ (285,674) (19,733) (305,407) (1,590) (24,524) (5,829) (2,500) (8,128) (800) (1,000) (6,512) (1,000) (10,325) (62,208) (367,615) |
Gains and Movement losses in funds £ £ (189) (59,773) - (19,733) (189) (79,506) - (1,590) - - - - - (2,500) - (4,847) - - - (1,000) - - - - - 8,924 - (1,013) (189) (80,519) |
|---|---|---|---|
Comparatives for movement in funds
| Unrestricted funds General fund Tangible Fixed Asset fund Restricted funds Adapt & Thrive Hedley Foundation BWCT Glasgow Community Wellbeing fund Anne Duchess of Westminster Fund TOTAL FUNDS |
At 1.7.23 £ 254,961 227,054 482,015 12,140 3,000 - - - 15,140 497,155 |
Net movement in funds £ (64,971) - (64,971) (886) - 2,500 4,847 1,000 7,461 (57,510) |
Transfers between funds £ 17,047 (17,047) - - - - - - - - |
At 30.6.24 £ 207,037 210,007 417,044 11,254 3,000 2,500 4,847 1,000 22,601 439,645 |
|---|---|---|---|---|
continued...
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Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253 The Glasgow Group of the Riding for the Disabled Association
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
16. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Adapt & Thrive Bank of Scotland Glasgow City Council David Solomon charity BWCT Glasgow Community Wellbeing fund Hospital Saturday fund GCC - Area Partnership Grant The Glasgow Care Partnership Anne Duchess of Westminster Fund TOTAL FUNDS |
Incoming resources £ 183,010 - 24,524 5,829 750 2,500 9,114 200 5,076 1,000 6,076 55,069 238,079 |
Resources expended £ (260,962) (886) (24,524) (5,829) (750) - (4,267) (200) (5,076) (1,000) (5,076) (47,608) (308,570) |
Gains and Movement losses in funds £ £ 12,981 (64,971) - (886) - - - - - - - 2,500 - 4,847 - - - - - - - 1,000 - 7,461 12,981 (57,510) |
|---|---|---|---|
The Tangible Fixed Asset fund represents the book value of fixed assets held by the charity at the balance sheet date. This amount has been separately designated to highlight that these reserves are not able to be converted into cash to provide working capital for the charity.
Bank of Scotland Foundation is a 5 year award to provide the salary for the Yard Managers position and is granted annually on approval of the annual report.
Hedley Foundation funding will be used for the care of therapy horses.
Adapt & Thrive funding was received for the purposes of training, and the funder has now confirmed that the remaining funds can be used for the charity's general purposes.
The Glasgow City Council grant is for salaries.
The Front Door fund represents funding for a new door.
The Glasgow Community Wellbeing Fund grant is for Wednesday morning adult riding.
The Hospital Saturday Fund is for Hippotherapy.
The Arnold Clark grant is for classes.
The Pony Sponsorship fund represents sponsorship of named ponies.
continued...
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Docusign Envelope ID: 299C3F3D-6BCF-8219-821E-AD6EF06E6253 The Glasgow Group of the Riding for the Disabled Association
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
17. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2025.
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