REGISTERED COMPANY NUMBER: CS000485 (Scotland) REGISTERED CHARITY NUMBER: SC009696 ort of the Trustees and Unaudited Finan I Statements for the Year Ended 31st March 2 25 for Border Grou Of Ridin Scio For The Disabled
Border Grou Of Ridin Scio For The Disabled Contents of the Financial Statements for the ear ended 31st March 2025 Page Reference and administrative details Report of the trustees Independent examiner's report Statement of financial activities Balance sheet Notes to the finandal statements 9 to 15
Bord Of Ridin ren he and Administrative Details ar erKled 31 t March 2025 Trustees Registered office Coach House Craig Mount Park Minto Hawick Roxburghshire TD9 8SB Registered company nUrnr CSOD0485 (Scotland) Registered charity number SC009696 Independent examiner Rennie Welch LLP Academy House Shedden Park Ri)ad Kelso Roxburghshire TD5 7AL Page 1
Border Grou Of Ridin For The Disabled Scio istered number: CS000485 Re ort of the Trustees for the ear ended 31st March 2025 The trustees who are also directors of the charty for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charilies.. Stalement of Recommended Practice applicable to charities preparing Iheir accounts in accordance wilh the Financial Reporting Standard 8pplicable in the UK and Republic of Ireland (FRS 102} (effective 1 January 2019). Objectives and activities Objectives and aims The aim of the parent charity Riding for the Disabled Association {RDA} is to ensure that everyone with a disability can benefit from the unique bond between humans and horses. The objective of the Borders Group of RDA, regislered under charity number SC009696, is to provide disabled people in the Scottish Borders area with the opportunity to ride or experience other interactions with horses, to the benefit of their health and well-being. Coaches Coaches are the glue that binds the daily sessions together. An RDA qualified coach must be present before any activity can be undertaken, they decide on the training objectives for each session and volunteers support the coaches to form an effective working team. The coach provides continuity for the team and training for the horses, and this in turn allows for expansion of Ihe group and rts aims. Volunteers Borders Group of RDA meet at their Monleviol Riding Centre, near Ancrum, up to 5 days per week, Monday to Friday, in order to provide a riding experience for disabled children and adults improving their physical and psychological well-being. The volunteers, firsl daily task is to gather in the horses from the adjanI fields and prepare them for the riding session- grooming and tacking up. They also need to ensure that the arena is clean and tidy and is properly prepared by layin9 Out various items of equipment to support the rides. Children arrive as individuals and in groups from local schools or institutions, and they also have lo be prepared and issued with riding hats etc. They are then introduced to their mounts by their supporters - one, but often two to each rider. Some with severe disabililies are seated on their mounts via a special hoist. Volunteers are assigned a variety of tasks In ways that ensure team building, familiarity wrth Iheir colleagues and with their charges, who also normally attend on a particular day. Riding sessions vary bul normally include walking or trotting with their horse. and participating in various games involving riding set patterns, collecting, or dropping toys and so on. These activities are recognised as building confidence and assisting greatly in an individual's development. At the end of each session (normally about an hour or two). the volunteers feed and return the horses to their field(s) armf attend to the arena. tsck arKI equipment used. In other roles, volunteers support the qualified coaches to encourage participation in National disabled equine competition. They also fulfil the usual roles on the Board of Trustees. such as Chair. Secretsry and Treasurer. In addition, we help young people undertaking Duke of Edinburgh's awards or those vulnerable teenagers, who may be struggling with personal development and work experience in a school, to fulfil their potential in a drfterent environment. Support Considerable work is necessary to maintain these activities. including fundraising and committee work. Rouline expenditure is considerable and includes veterinary and blacksmith bills, the purchase of horses, horse care and feed, equipment renewal. maintenance of the arena facility and the usual utilities. Income is derived entirely from fundraising activities. personal donations and the group routinely applies to trusts and local government for support. Page 2
Border Grou Of Ridin For The Disabled Scio istered number: GS000485 ort of the Trustees ear ended 31 st March 2025 for the Achlevements and performance Charitable activities Border Group of RDA continues to provide regular riding sessFons at its Monteviot Riding Centre. These are attended by individuals and groups from local schools, supported by volunteers who facilitale appropriate riding activities in a safe environment. Trustee and Deputy Chair provides 'Equine Facilitated Leaming (EFL)", the benefits of which are well recognized, and this enables the Group to expand the type of experience on offer to clients with particular menlal health issues. She is providing EFL servi5 to a small number of clients and has been approached by a local organisation to provide such for clients on their books. The Trustees continue to develop the service that the Group provides for Ihe benefit of the children and young people with disabilities or health problems within the Scottish Borders area. We are also acting as a centre for Equiscotia for holding the practical section of their courses We have a number of volunteers who take care of the horses. weare including feeding. exercising and maintaining their fields. These are paid a small sum to reflect their contribution. The main source of funding for the Group continues to be generous donalions from local people and organisations. and through suitable fundraising events. Most adult participants, and the parents of younger participanls contribute to costs through modest voluntary donations on a regular basis. Over the last year. clients and sponsors have been encouraged to make such donations via on-line banking. ideally for blocks of sessions co-incident with school terms, or on a weekly basis. Financial review Financial position Receipts for the unrestricted fund totalled £42.802 (2024 - £46.756). Expenses for the unrestricted fund lotalled £41,036 {2024 £36,732)- There were also restricted costs of £1,892 (2024 - £2,103>. These costs represent deprecialion of Warm Room assets. At the year*nd the charity had net current assets of £34.689 (2024 - £30,227). In addition, the charity held assets at a book value of £164,480 (2024- £169.068). Reserves policy The charity aims to hold sufficient reserves to cover expenses for at least six months. Future plans In addition to the generous donations from members of the public and our usual fundraising activities, and in the face of increasing running costs, the Trustees continue to develop and promote sponsorship opportunities for local businesses and organisations, in order to boost annual income. Structur8, governance and management Governing document The charity is controlled by its governing document. a deed of trust and constitutes a SCIO, having converted from an unincorporated charity on 31st December 2015. Border Group of Riding for the Disabled has been registered Scoltish charity since 27th August 1980. Page 3
Bordor Grou Of Ridin For The Disabled Scio Re istered number. CS000485 Re rt of the Trustees for the ear ended 31st March 2025 Structure, governance and management (continued) Recrultment and appolntment of new trustees The Group has a number of Trustees with varied expertise. bringing a greater variation to the Board. These now include a vet, a retired schcvJl pnncipal, one wilh IT experience and, importantly. a pa1pant. There were no new Tru51ees appointed during this financial year. rU.eLl b OTder of tlie bodrd o. Ifslee) Oli Page 4
Inde ndent Examinerfs Re ort to the Tru tees of rder Grou Of Ridin For The Disabled Scio istered number., CS0004B5 I report on the accounts for the year ended 31 st March 2025 set out on pages six to frfteen. Respectlve respon8lbilltles of trustees and examiner The charity's Irustees are reswn5ible for the preparation of the account5 in aCranCe wilh the terms of the Charities Trustee Investment (Scoland) Act 2005 and the Charities Accounts (Scotland> Regulations 2006 (as amended). The charity's trustees consider that the audtt requirement of Regulation 10(1)la) to {c> of the Aocounts Regulations does not apply. It is my respDnsibilty to examine the accounts a5 required under Section 44(1)(c) of the Act and to state whether partlar matters have come to my attentn. Basis of the independent examiner's report My examination was carried out in accordance wrth Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examinatton indudes a review of Ihe accounting records kept by the charily and a comparison of Ihe accounts presented with those records.11 also indudes consideration of any unusual items or disdosures 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 audlt, and consequently I do r1 express an audit opinion on the view given by the accounts. Independent examin•r's statement In connection wilh my examination, no matter has come to my attention . (1) which gives me reasonable cause to believe that, in any material respect. the requirernents to keep accounting records in accordarth wtth Section 44(1 Xa) of the 2W5 Act and Regulation 4 of the 2006 Accounts Regulations". and to prepare accounts which accord with the 3ccounting records and to comply with Regulation 8 of the 2006 Accounts Regulations have not been rnel; or (2} to which, in my opinion. atlenlion should be drawn in order to enable a proper understanding of Ihe accounts lo be reached. Rennle Welch LLP Academy House Shedden Park Road Kelso Roxburghshtre TD5 7AL Date., ry Iiz/to LS Page 5
Border Grou Of Ridin Scio For The Dlsabled Statement of Financial Activities for the ear ended 31st March 2025 2025 Total funds 2024 Total funds Unrestricted Restricted funds fund Notes Income and endowments from Donations and legacies 36,543 36,543 36,140 Charltable activities General 3.500 3,500 5.196 Other trading activities Other income 2.759 2,759 4.220 1,200 Total 42,802 42,802 46,756 Expenditure on Charitable activities General Warm 40,151 40,151 1,892 36.732 2.103 1.892 Other 885 885 Total 41,036 42,928 38.835 NET INCOMEI(EXPENDITURE) 1.766 (1.892) (126) 7,921 Reconciliation of funds Total funds brought fomard 179.374 19,921 199.295 191,374 Total funds carried fonward 181,140 18.029 199.169 199.295 The notes form part of these financial statements Page 6
Border Grou Of Ridin For The Disabled Scio istered number: CS000485 Balance Sheet 31st March 2025 2025 Total funds 2024 Total funds Unrestricted Restricted funds fund Notes Fixed assets Tangible assets 147,451 17,029 164.480 169,068 Current assets Stocks Debtors Cash at bank 8,400 117 26,163 8.400 117 27.163 9.900 315 21.020 1,000 34,680 1,000 35,680 31,235 Creditors Amounts falling due wtthin one year {991) (991) (1,008} Net current assets 33.689 1.000 34,689 30,227 Total assets less current liabilities 181.140 18,029 199,169 199,295 NET ASSETS 181,140 18,029 199,169 199,295 Funds Unrestricted funds Restricted funds 10 181,140 18.029 179,374 19,921 Total funds 199,169 199,295 The notes form part of these financial statements Page 7 continued...
order Grou Of Ridln For The Disabled Scio R6 ister6d number: CS000485 Balance Sheet - continued 31st March 2025 The charrtable company is entilled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025. The membefs have not requed the company to obtain an audii of ts finarual statements for the year ended 31 st March 2025 in accordan with Sectlon 476 of the Companies Act 2006. The trustees acknowle(Jge their responsibilities for (al ensu.ring that the Gharitable company keeps accounting records thal c£)mply with Sections 386 and 387 of the Companies Act 2006 and preparing financial stalements whFch give a true and fair view of the state of affairs of the charilable company as at the end of each financial year and of its surplus or defi¢it for each financial year in accordance with the requireménts of Sections 394 and 395 and whlch otherwise comply with the requirements of the Companies Act 2006 relating to financial slatements, so far as applicable to the chariiable company. (b) These financial statements have been prepared in accordance with the provislons applicable to charitable companies subject to the small companies regime. The financial statemenls were approved by the Board of Trustees and authorised for issue on 16 Jth"...... and were signed on its behalf by: The note5 fomi part of these financial statements Page 8
Border Grou Of RSdin Scio For The Disabled Notes to the Financial Statements for the ear ended 31st March 2025 Accounting policles Basis of preparing the financial statements The financial slatements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP {FRS 102) 'Accounling and Reporting by Charities: Statement of Recommended Practi 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. Financial reporting standard 102 - reduced disclosure exemptions The charitable company has taken advantage of the following disclosure exemption in preparing Ihese financial statements. as permitte(I by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland.: the requirements of Section 7 Ststement of Cash Flows. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funés, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, il 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 lo the category. Where costs canriot be directly attributed lo particular headings they have been allocated lo 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. Improvemenls to property Plant and machinery Motor vehicles 100/0 on reducing balan 10.kn on reducing balance 10.kn on reducing balance Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Property improvements include an arena constructed by the Charity al a cost of £129,000, which has not been depreciated. The arena is buill on renled land and can be dismantled. with this fact written into the lease. The trustees therefore feel that. as the arena can be moved and used elsewhere should the land no longer be available. that it should nol be depreciated. Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Taxatlon 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. Page 9 continued...
Border Grou Of Ridin Scio For The Disabled Notes to the FlnancSal Statements- continued for the ear ended 31 st March 2025 Accounting policles - continued Fund accounting Restricted funds can only be usecl fof particular restricted purposes within the objects of the charity. Restrictions arise when spectfied by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each furKI is included in the notes to the financial statements. Going concern The directors have assessed a period of 12 months from the date of approval of the financial stalements and consider that no material uncertainties exist that casl significant doubt about the ability of the company to continue as a going concern. Thus. the directors adopt the going Concern basis of accounting in preparing the financial statements. Donations and legacies 2025 2024 Gifts Donations 36,543 36,140 36,140 Other trading activities 2025 2024 Fundraising events Hire of Arena Other income 2.392 67 300 3.915 305 4,220 Trustees. remuneratlon and benefits There were no trustees, remuneration or other benefits for the year ended 31st March 2025 nor for the year ended 31 st March 2024. Trustees. expenses During Ihe year 4 <2024 - 4) trustees received reimbursement of expenses totalling £3,639 (2024 - £3,371). No transactions with connected parties took place during 2024 or 2025. Page 10 continued...
Border Grou Of Ridin Scio For The Disabled Notes to the Financial Statements - continued for the ear ended 31 st March 2025 Comparatives for the statement of financial activities for the year ended 31st March 2024 Unrestricted Restn"cted funds fund Total funds Income and endowments from Donations and legacies 36,140 36,140 Charitable activities General 5.196 5,196 Other trading activities Other income 4.220 1.200 4,220 Total 46,756 46,756 Expenditure on Charitable activities Genera1 Warm 36,732 36.732 2,103 2.103 Total 36,732 2,103 38,835 NET INCOMEI(EXPENDITURE) 10.024 {2,103) 7,921 ReconcSllat5on of funds Total funds brought forward 169.350 22.024 191.374 Total funds carried fOard 179,374 19,921 199,295 Page 11 continued...
Border Grou Of Ridin Scio For The Disabled Notes to the Financial Statements - continued for the ear ended 31st March 2025 Tangible fixed assets Improvements Plant and machinery Motor vehicles property Totals Cost At 1st April 2024 Disposals 227.796 20.564 1,000 249,360 1,000) Al 31sl March 2025 227,796 20,564 248,360 Depreciation At 1 sl April 2024 Charge for year Eliminated on disposal 73,787 2.483 6.390 1,220 115 80,292 3,703 At 31 st March 2025 76.270 7,610 83,880 Net book value At 31 st March 2025 151.526 164,480 At 31 st March 2024 154.009 14.174 885 169,068 Within Improvements to property. the arena constructed by the charity at a cost of £129,000, is not depreciated. All other property improvements are deprectated at 1 OWO reducing balan. Stocks 2025 2024 Stocks 8.400 9,900 Debtors: amounts falling due withFn one year 2025 2024 Prepayments 117 315 Creditors: amounts falling due wlth5n one year 2025 2024 Trade creditors Accrued expenses 313 678 333 675 991 1.008 Page 12 continued,..
Border Grou Of Ridin Scio For The Disabled Notes to the Financial Statements - continued for the ear ended 31st March 2025 10. Movement in funds Net movement in funds At 31.3.25 At 1.4.24 Unrestricted funds General fund 179.374 1,766 181.140 Restricted funds Warm Room 19,921 (1,892) 18.029 TOTAL FUNDS 199.295 199,169 Net movement in funds, included in the above are as follows: Incoming Tesources Resources expended Movement in funds Unrestricted funds General fund 42,802 (41,036) 1,766 Restrlcted funds Warm Room 11.892) {1,892) TOTAL FUNDS 42,802 42,928) Comparatlves for movement in funds Net movement in funds At 31.3.24 At 1.4.23 Unrestricted funds General fund 169.350 10,024 179,374 Restricted funds Warm Room 22,024 (2,103) 19,921 TOTAL FUNDS 191.374 7.921 199.295 Page 13 continued...
Border Grou Of Ridin Scio For The Disabled Notes to the Financial Statements - continued for the ear ended 31st March 2025 10. Movement In funds - continued Comparative net movement in funds, included in the above are as follows.. Incoming resources Resources Movement expended In funds Unrestricted funds General fund 46,756 (36,732) 10,024 Restricted funds Warm Room (2,103) {2,103) TOTAL FUNDS 46,756 38,835) A current year 12 months and prior year 12 months combined poSitn is as follows: Net movement in funds At 31.3.25 At 1.4.23 Unrestricted funds General fund 169,350 11,790 181,140 Restricted funds Warm Room 22,024 (3,995) 18,029 TOTAL FUNDS 191,374 7,795 199,169 A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows.. Incoming resources Resources Movement expended in funds Unrestricted funds General fund 89.558 (77.768) 11,790 Restricted funds Warm Room (3.995) (3,995) TOTAL FUNDS 89.558 81.763) 7,795 Warm Room Fund The Charity has a restricted fund for the Warm Room. which was constructed in 2010. It is being depreciated on an annual basis at a rate of 10 /0 of net book value. Page 14 continued...
Border Grou Of Ridin Scio For The Disabled Notes to the Financial Statements - continued for the ear ended 31st March 2025 11. Related party disclosures There were no related party transactions for the year ended 31st March 2025. Page 15