- EQUI POWER CENTRAL SCOTLAND RDA A Scottish Charitable Incorporated Organisation Annual Report & Financial Statements For the year end 31 August 2025 Scottish Charity No SC045949
Annual Report year ending 31[st] August 2025
Page 1 of 22
ANNUAL REPORT & FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
CONTENTS
Trustees’ Annual Report .................................................................................................................3 - 16 Independent Examiner’s Report .....................................................................................................16 Statement of Receipts & Payments .................................................................................................17 Statement of Balances....................................................................................................................... 18 Notes to the Financial Statements ..............................................................................................19-22
Annual Report year ending 31[st] August 2025
Page 2 of 22
TRUSTEES’ ANNUAL REPORT
FOR THE YEAR ENDED 31 AUGUST 2025
The trustees are pleased to present their report and financial statements together with the independent examiner’s report for the year ended 31 August 2025.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity Name Equi-Power Central Scotland RDA SCIO Charity No. SC045949
Principal Office 3 Fairfields, Moss Road, Near Dunmore, Falkirk, FK2 8RY Website Address www.equi-power.org
Trustees in post on 31[st] August 2025
David James (Chair) Robert Crozier (Treasurer) Susie Elliot (Vice Chair) Anna Mezentseva (Secretary) Sue Dumbleton (Participant Representative) Gillie Drapper (Trustee) Ian Rodger (Equine Welfare) Lauren Manzor (Equine Welfare) Kirsten Laird (HR) Jennifer Kidd (Marketing and Comms)
Bankers CAF Bank Ltd
25 Kings Hill Avenue West Mailing Kent ME19 4JQ
Independent Examiner
Helen Bourquin Association of Charity Independent Examiners
STRUCTURE GOVERNANCE AND MANAGEMENT
Governing Document
Equi-Power Central Scotland RDA SCIO is a Scottish Charitable Incorporated Organisation (SCIO) that was established on 18th June 2015 and registered with the Office of the Scottish Charity Regulator (OSCR) charity no SC045949 on 31st August 2015. The SCIO is governed by its constitution.
Annual Report year ending 31[st] August 2025
Page 3 of 22
TRUSTEES’ ANNUAL REPORT
FOR THE YEAR ENDED 31 AUGUST 2025
Appointment of Trustees
The organisation structure consists of its:
MEMBERS - who have the right to attend members' meetings (including any annual general meeting) and have important powers under the constitution; in particular, the members appoint people to serve on the board and take decisions on changes to the constitution itself.
BOARD - who hold regular meetings and generally control the activities of the organisation; for example, the board is responsible for monitoring and controlling the financial position of the organisation.
Risk Assessment
Equi-Power trustees regularly review the risks to which the charity could be exposed and consider that they have the correct policies and procedures in place to mitigate these risks. The charity holds insurance which is reviewed on an annual basis. The Health & Safety of the beneficiaries is a priority within the organisation and any adult helpers undertaking regulated work must be members of the Protection of Vulnerable Groups (“PVG”) Scheme operated by Disclosure Scotland.
OBJECTS & ACTIVITIES
The organisation's purpose is to promote the objects of the Riding for the Disabled Association incorporating Carriage Driving (Company No 5010395) a charity registered under Charity Number SC039473 ("the Company") by providing disabled people with the opportunity to ride and/or to carriage drive to benefit their health and wellbeing in the Central Scotland area.
The provision of recreational facilities, or the organisation of recreational activities, with the object of improving the conditions of life for the persons for whom the facilities or activities are primarily intended, the relief of those in need by reason of age, ill health, disability, financial hardship or other disadvantage.
ACHIEVEMENTS & PERFORMANCE
Horsepower and Coaches
Four horses, Dana, Laddie, Hugo and Angel provided horse riding, equestrian vaulting, equine assisted learning, family services, horse care and dementia services during the financial year.
Coaches Lynne Blore (Advanced RDA coach), Helen Easty (RDA coach), Hazel Blake (RDA County Coach), Katrina March (RDA Coach) and Lyn Dumbleton (Assistant RDA coach) and Activity Leaders Tracey Cartwright and Amanda Namey provided riding, equestrian vaulting, equine facilitated learning, horse care, family sessions and dementia friendly sessions during the reporting period.
Internal Processes
The charity is managed by a full-time employed Service Manager. The Charity maintained its stable selfemployed team of a part-time administrative assistant, part-time bookkeeper, part-time revenue fundraiser Annual Report year ending 31[st] August 2025 Page 4 of 22
and part-time coaching team during the accounting period. Horses were kept on livery at Glendale Livery (Stirling Council area) which is central to participants and volunteers from Stirlingshire, Clackmannanshire and Falkirk Council areas.
The charity is supported by 10 trustees, whose experience includes senior HR, accounting, RDA, business management, equine welfare, Marketing, Comms and IT expertise.
The organisation continued to adopt a balanced scorecard approach to monitor key outputs and offers University students undergraduate and postgraduate placements to support activities.
Stakeholder Engagement
140 participants with disabilities and additional support needs were active in horse riding, vaulting, equine assisted learning, equine facilitated learning, dementia support activities and creative equine related activities during the period.
From September 24 to August 25 Equi-Power delivered 59 group vaulting sessions to 43 participants with disabilities/additional support needs, 135 group and individual horse care sessions to 50 participants, including 9 regular attendees with alcohol related dementia, and 247 riding lessons to 33 participants. These figures include pupils attending from 3 High School special educational units, who brought 21 young people for 4-week blocks of educational horse care activities; and pupils attending from 2 local Primary Schools’ specialist educational provisions, who brought 22 Children for 4-week blocks of equestrian vaulting.
18 children with profound and complex disabilities accessed our family days with 7 young carers also benefitting from activities. 44 RDA accredited awards were achieved including Introduction to Vaulting, Horse Care levels One to Four, Riding levels One to Four and RDA Endeavour awards.
Services were supported by 67 sessional volunteers, of whom 12 have disabilities themselves. Sessional Volunteers donated 2586 hours of volunteering time, supporting a range of activities including equestrian vaulting, riding, horse care, dementia and equine assisted learning sessions. A further 24 volunteers supported the charity in a professional capacity, engaging in fundraising, governance, promotional and capital project activities. 22 Duke of Edinburgh or Saltire Awards were earned by our young volunteers.
The charity’s participant panel met quarterly and grew, engaging with volunteers, parents, carers and participants. Participant views are fed directly to trustees and management via panel meetings and the Participant Panel Representative.
Equi-Power volunteers and representatives attended training including Child and Adult Protection training, First Aid, Equine Facilitated Learning Skills, Equine Biosecurity, Essential Trustee training, RDA Showjumping training, RDA Fundraising Training, Equine Knowledge modules, Disability Awareness Training, Dementia Friends, Elevate Your Group Trustee Training, Scottish Charity Law workshops and Volunteer Induction training.
Volunteers, staff and participants supported fundraising through our 10[th] Anniversary Ceilidh, by walking the Kilt Walk and by taking a stall to Pony Club events. Charity representatives also attended the local Youth Philanthropy Initiative fair, The Capital FM Awards, Forth Climate Event, Round Table Awards Evening, an Education Partners Event and YPI Awards Ceremony.
Annual Report year ending 31[st] August 2025
Page 5 of 22
In our tenth anniversary year, participants attended the Scottish Dressage Championships in Glasgow, 3 Scottish Equestrian Vaulting competitions, the West and Central Regional dressage and Countryside Challenge qualifiers and the charity ran a whole service, inclusive tenth anniversary show. Fourteen Participants took part in RDA UK’s Virtual National Championships and eight participants and their families qualified for and travelled to Hartpury in Gloucestershire and took part in the RDA National Championships.
The charity maintained memberships with British Equestrian Vaulting, Club Sport Stirling, Forth Valley Disability Sport, Horse Scotland, Sported, the Riding for the Disabled Association (RDA) and Horses in Therapy International (HETI). The Charity remains an approved provider for Stirling Council’s Social Inclusion Framework and continues to work with school, local authority, local charity, care home and self-referrals.
Financial Management
Efforts were made during the period to minimise costs and optimise grant funding and fundraising opportunities. This included retaining the services of a self-employed revenue fundraiser for three days per month, with incoming funding enabling financial planning for operational costs and consistent staffing. The Trustees acknowledge effective fundraising throughout the accounting period means that the charity finished the year in a stable financial position.
KEY ACHIEVEMENTS FROM SEPTEMBER 2024 TO AUGUST 2025
Participant Successes: Riding.
33 regular Equi-Power (EP) riders progressed their therapeutic and competitive riding journeys in 2024/2025. All regular riders were offered the opportunity to take part in our inclusive tenth anniversary show and had a wonderful day, alongside horse-care participants and vaulters. In October 2024, EP riders Ash and Liam became RDA Reserve Scottish Dressage Champions in their ability classes at the RDA Scottish Dressage Championships, following this with 4[th] and 5[th] placings in RDA UK’s Virtual National Championships. Two further EP riders took 1[st] places respectively in their dressage classes in the Virtual National Championships and three riders took 3[rd] and 4[th] places. Of our 6 Countryside Challenge entries in RDA’s Virtual National Championships, 3 achieved placings in the top 4. 6 EP riders made a strong start to 2025 by taking top 7 placings in the RDA’s May regional Dressage qualifiers, with Jamie, Skye and Ash qualifying for the National Championships in Hartpury. A further 6 riders took part in the Regional Dressage Qualifiers with all achieving top four placings, and Liam, Skye and Ash adding to the group’s Hartpury qualifications. Skye and Ash achieved 4[th] and 8[th] places in their Hartpury National Championship classes. A wonderful finale to the year and a testament to their dedication and the skill and the efforts of their talented coaches.
Annual Report year ending 31[st] August 2025
Page 6 of 22
“I’m much fitter and stronger through riding. After spending so much time at home for 20 years it’s given me a new lease of life to be able to go to the horses ”
“Thank you, specifically, for sparking my PE hating, physical movement avoiding child not only into moving but also learning that nothing can hold her back, she is more resilient than she ever dreamed, she can achieve what she sets her mind to and she can be a meaningful part of a team who achieve great things. We are sothankful”
Participant Successes: Equestrian Vaulting.
The Equi-Power Equestrian Vaulting Team enjoyed an outstanding year of competitive success in the Scottish Equestrian Vaulting and RDA National competitions. Team members, including young people living with cerebral palsy, autism, dwarfism and developmental trauma achieved 5 Virtual National Championship1[st] places in the 2024 RDA UK Virtual National Champions in Individual and Pas de Deux (pairs) and Team vaulting. 7 members of our vaulting team then travelled to the National Championships in Hartpury in July 2025, where they swept the board, returning with 14 First Place placings across individual, pairs and team events. Throughout the year EP vaulting parents enjoyed informal peer support and respite time during sessions and formed valuable friendships during their time away together at national competitions.
Annual Report year ending 31[st] August 2025
Page 7 of 22
“Watching S shine and be so confident and proud will stay with me forever”
“L has blown me away (with their achievements). My reserved, once socially avoidant, easily overwhelmed kiddo has grown over the past couple of years with Equi-Power and the coaches and volunteers compassion, encouragement and support. They have done things physically they never dreamed of being able to do again, they quit dance and gymnastics because they couldn't keep up after the cancer treatment but this past weekend they have not only vaulted on horseback but they have gotten back in the saddle to ride and now at several competitions which is something they weren't sure would be possible either. They have mentally coped with the huge overwhelming environment thanks to the strong foundation of friendships they have built over the past few months. Together the kids rallied around each other in challenging moments and it was beautiful and quite emotional. L has left Nationals not only with amazing memories, but new life skills, new friends and further proof that with the right love and support they can achieve anything. Thank you to every single person for giving that to all of our kids, it has value beyond measure and we are all incredibly grateful”
Therapeutic Services: Dementia Support.
Equi-Power hosted a regular horse care and social group for individuals with alcohol related dementia throughout 2024/2025. Attendees benefit from increased activity levels, a wider social circle, structure to their week and improved mood and physical wellbeing. Several attendees achieved RDA Endurance Awards for walking 1km and 2km distances with a pony over the course of their sessions. A local company rebuilt our aged and flooding viewing area which will allow us to resume Tea with a Pony sessions in 2025/26. These sessions offer individuals with dementia and age-related disabilities the chance to enjoy intergenerational engagement with riders in our sessions, a social lunch and to spend one to one time with our ponies. Time spent outdoors and with our horses allows individuals with advancing dementia to engage in purposeful activity, improves mood and reduces agitation, supporting participants in enjoying time and sharing memories with carers and loved ones.
Annual Report year ending 31[st] August 2025
Page 8 of 22
I can’t tell you what it meant for J to be so well looked after and treated to such a special experience yesterday. It’s years since I’ve seen her so happy and she couldn’t stop saying that she had met Laddie and what a lovely horse he is. The word went round at WS as soon as she got back and I'm sure they'll all be reliving it with her for days, which will prolong the joy. You're a really remarkable team, all of you: so professional and so incredibly kind. You made a big impact on us both”
“We see increased concentration in our residents, and ability to focus for longer periods, enhanced conversation in residents who are usually quiet”
Therapeutic Services: Family Days and Ride and Play sessions.
Equi-Power identified a need expressed by families of children with a complex disability for activities that their disabled and non-disabled children can enjoy together. Siblings of disabled children often become young carers, and families often have to split themselves between activities for their disabled and nondisabled children. Equi-Power runs extended ‘family sessions’ in the school holidays for families where a child has a profound, complex or life limiting disability. Alongside activities with our horses, we create sensory and physical play stables, offer an Easter Egg hunt, crafts, refreshments and facepainting to be enjoyed by all ages and abilities. We also recognise that some children may only be able to sit on a pony for a very short length of time, but families need the opportunity to leave the house for a meaningful experience and meet and socialise with each other. Equi-Power runs Ride and Play sessions with a selection of toys and a social area where small groups of families can alternate between therapeutic pony rides, socialising and play. The
Annual Report year ending 31[st] August 2025
Page 9 of 22
formats are very successful and 25 children with profound disabilities and 7 siblings in 2025 enjoyed Family and Ride and Play sessions.
“I just wanted to thank you for the session on Thursday. M really enjoyed himself. What a fantastic environment you've created”
We had an absolutely brilliant time. Everyone enjoyed it. Thanks so much to your staff who really helped with H which meant I could focus on D. It’s hard for us to join events as a family, today just allowed us all to be together and have fun”
Educational Services:
Equi-Power worked with five schools (special educational units) during the year. Primary school aged children engaged in equestrian vaulting, enjoying being physically active, strong, balanced and learning to follow instructions and work in small groups and pairs.
Annual Report year ending 31[st] August 2025
Page 10 of 22
“It’s a very positive experience for the pupils to try something new or outwith their comfort zone. Pupils are always excited about going and enjoy sharing their excitement with sessions with friends and family each week. The vaulting warmups support with their fitness and their balance. One pupil who wasn’t taking part in group PE lessons now takes part most weeks”
“Pupils are more relaxed and focused on their work after time with the horses, I wish you were at school so they could start every day with you!”
High schoolers came and learned practical horse care and stable management skills, earning their RDA Horse Care Level awards, improving their physical skills, learning to work safely together, problem solving and experiencing the calming sensory nature of our horses. Members of our adult horse care club enjoyed caring for our horses, being physically active and making friends in a supportive social environment.
Annual Report year ending 31[st] August 2025
Page 11 of 22
“A fantastic experience that our pupils would not normally be able to access. Allowing them to experience time with animals, building confidence, listening skills and following instructions”
Creative Opportunities.
Equi-Power participants with creative flair took opportunities to shine at both the RDA regional and national championships, with participants taking 1[st] and 4[th] place in Junior sculpture and third place in junior painting and drawing.
Celebrating Volunteering.
Services were supported by 67 sessional volunteers, of whom 12 have disabilities themselves. Sessional Volunteers donated 2586 hours of volunteering time, supporting a range of activities including equestrian vaulting, riding, horse care, dementia and equine assisted learning sessions. A further 24 volunteers supported the charity in a professional capacity, engaging in fundraising, governance, promotional and capital project activities. 22 Duke of Edinburgh or Saltire Awards were earned by our young volunteers. 100% of our volunteers agreed that volunteering benefited their mental health and wellbeing.
Annual Report year ending 31[st] August 2025
Page 12 of 22
Our volunteers love:
“Helping participants get the same great experience I did” “Seeing joy of participants and working with other volunteers” “Being around the horses and witnessing the benefit to participants” “I find it really valuable seeing the connection participants have with the horses and how their confidence flourishes within the sessions” “Seeing the joy and sense of achievement participants get, the friendships made and seeing participants grow in confidence and skill” “Watching the children's reactions. Very rewarding feeling. Also love working with the horses”
Fundraising and Publicity.
Equi-Power staff, volunteers and the wider community were active in fundraising for the charity during the accounting period. Our Kiltwalk Team were out in force at the Edinburgh Kiltwalk in September 2024 and we swung into 2025 with a 10[th] anniversary catered ceilidh. Charity representatives went out and about to agricultural and pony club events including the Stirling Show with our information boards and 2[nd] hand equestrian sales stand, and a successful Facebook campaign covered some of our transport costs to Hartpury.
Annual Report year ending 31[st] August 2025
Page 13 of 22
Award Winning
The Equi-Power team were delighted to win the Community Group of the Year Award at Capital FM’s Awards night in November 2024. This closely followed the group being runner up in SCVO’s Small Charity of the Year in June, showing consistent recognition of the excellent health, wellbeing, therapeutic, educational and competitive outcomes and opportunities offered by the charity.
Progress towards the build of a new RDA Centre in Stirling:
With over 130 families on Equi-Power’s waiting list, demand for a purpose-built facility has never been stronger. In Spring 2025, Stirling Council re-engaged with Equi-Power and local charity TreeLink Stirling to propose a collaboration that blends Equi-Power's vision of a therapeutic equestrian centre for disabled people with Treelink's objective to enhance biodiversity in the area, and supports our shared goal of increasing public and community enjoyment of the land.
Annual Report year ending 31[st] August 2025
Page 14 of 22
The two charities are currently gathering ideas and working with Stirling Council to carry out a feasibility study of the site. Should the results prove positive, we will continue to develop the proposal to a stage where it can be shared with the public and our key stakeholders.
TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31ST AUGUST 2025
Overview: The trustees are delighted that the total funds raised in this financial year were £132,315 (2024: £107,941), with the main source of income this year being grant funding, fundraising and participant fees. The trustees extend grateful thanks to The Sylvia Aitken Charitable Trust, Children’s Aid Scotland, The Basil Death Trust, Trefoil, Baynes, Robert Haldane Smith, The Robertson Trust, White Top Foundation, Scottish Children’s Lottery – Bright Future, Miss DM Dawson Trust, The Sheldon Trust, The National Lottery – Awards for All, The Walker-Shoolbraid Charitable Trust, Inchrye Trust, Kingdom Housing Association, The Pettigrew Charitable Trust, The Bridge of Allan Round Table, Falkirk Council, Tesco Groundworks, The Gannochy Trust, The Essentia Foundation, The Wood Foundation, Horse Scotland, The JTH Trust for supporting the work of the charity in 2024/25.
Total expenditure for the year was £110,730 (2024 £114,405) with the main costs being staffing and horse care.
Donated Facilities & Services
The charity has been in receipt of various pieces of horse related equipment during the period.
Investment Policy
The Trustees are aware of their responsibilities to safeguarding the charity's assets. They regularly consider the various factors that can affect funds and savings. The trustees have the power to invest funds in the best interest of the charity and have elected to move the charity’s reserves and designated funds into high interest savings accounts. The trustees believe that investing in a property would be a suitable vehicle for the charity to have regular income.
Reserves Policy
The Trustees have set the reserves policy to cover 4 months staffing and running costs. At the end of the year the charity had net assets of £128,529 (2024 £106,944). This comprised restricted funds of £74,688 (2024 £58,570) and unrestricted funds of £35,800 (2024 £32,332). The Trustees have reviewed the designation of funds and have designated £18,041 (2024 £16,041) as follows: £5,000 emergency vet bills, £8,041 capital project, £5,000 new horse purchase in 2026. Reserves Policy of 4 months expenditure is £36,000. The Trustees plan for the charity to exceed this target during the next financial year with a view to planning for the growth of the charity.
If unrestricted reserves are forecast to decrease, the Board will review budgets and financial forecasts and take necessary measures to reduce expenditure or increase income.
Annual Report year ending 31[st] August 2025
Page 15 of 22
FUTURE PLANS
The charity aspires to move from shared rental premises to its own permanent, purpose-built home.
APPROVAL
This report was approved by the trustees on 28[th] April 2026 and signed on their behalf by:
David James, Chair of the Board of Trustees
INDEPENDENT EXAMINER’S REPORT FOR YEAR ENDED 31 AUGUCT 2025
Independent Examiner's Report to the Trustees of Equi-Power Central Scotland RDA SCIO
I report on the accounts of the charity for the year ended 31 August 2025, which are set out on pages 17 to 22.
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 ("the 2005 Act") and the Charities Accounts (Scotland) Regulations 2006 (as amended) ("the 2006 Regulations"). The trustees consider that the audit requirement of Regulation (10)(1)(d) of the 2006 Regulations does not apply. It is my responsibility to examine the accounts under section (44)(1)(c) of the 2005 Act and to state whether particular matters have come to my attention.
Basis of Independent Examiner's Statement
My examination is carried out in accordance with Regulation 11 of the 2006 Regulations. 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 seeks explanations from the 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 came to my attention:-
-
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 Regulations, and
- to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Regulations have
not been met, or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Helen Bourquin
Annual Report year ending 31[st] August 2025
Page 16 of 22
Independent Examiner
The Dell
East End Gordon
Berwickshire TD3 6JS
Signature
STATEMENT OF RECEIPTS & PAYMENTS FOR THE YEAR ENDED 31[ST] AUGUST 2025
| Income Participants Income Donations Grants Fundraising Crowdfunder Gift Aid received Other Income Payments Fundraising Costs Charitable activity Governance Costs |
Service Provision Capital Project Unrestricted Restricted Designated Restricted Total Total Funds Funds Funds Funds 2025 2024 22,706 22,706 17,897 7,755 2,710 10,465 7,674 90,352 90,352 75,222 7,038 7,038 4,051 877 492 492 1680 1,262 1,262 540 |
|---|---|
| 39,253 93,062 0 0 132,315 107,941 |
|
| Service Provision Capital Project Unrestricted Restricted Designated Restricted Total Total Funds Funds Funds Funds 2025 2024 3,763 4,093 7,856 5,507 30,023 72,851 102,874 108,898 |
Annual Report year ending 31[st] August 2025
Page 17 of 22
Accounts Prep’n
Independent Exam'n
----- Start of picture text -----
33,786 76,944 110,730 114,405
Surplus/(Deficit) for
year 5,467 16,118 21,585 (6,464)
----- End of picture text -----
STATEMENT OF BALANCES FOR THE YEAR ENDED 31 AUGUST 2025
| Bank and Cash Cash at Bank Cash in Hand |
Unrestricted Designated Restricted Total Funds Funds Funds 2025 35,799 18,041 74,688 128,528 |
|---|---|
| 35,799 18,041 74,688 128,528 |
| Other Assets: Horse - Dana Horse - Angel Horse - Hugo Saddlery & Tack Trailer Equipment |
2024/25 £1,500 £4,500 £9,000 £8,000 £5,000 £6,000 |
|---|---|
| £34,000 |
These accounts were approved by the trustees on 28[th] April 2026 and signed on their behalf by:
David James Robert Crozier Chair of the Board Treasurer Annual Report year ending 31[st] August 2025 Page 18 of 22
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
1 . Basis of Preparation
These accounts have been prepared on the receipts & payments basis in accordance with:
-
(a) The Charities and Trustee Investment (Scotland) Act 2005
-
(b) The Charities Accounts (Scotland) Regulations 2006 (as amended)
There have been no changes to the basis of preparation or to the previous year’s accounts.
2. Fund Accounting
-
(a) Unrestricted funds are those that can be expended at the discretion of the trustees in the furtherance of the objects of the charity.
-
(b) Designated funds are unrestricted funds that the trustees have set aside for particular purposes.
The designation is administrative only and does not restrict the trustees’ ability to apply the fund(c) Restricted funds are those that may only be used for specific purposes. Restrictions arise when specified by the donor, or when funds are raised for specific purposes.
- (d) The purposes of the funds are shown in Note 8.
3. Taxation
-
(a) The charity is not liable to income tax or capital gains tax on its charitable activities.
-
(b) The charity is not registered for VAT; thus, all costs are shown inclusive of VAT charged.
4. Transactions with trustees and related parties
-
(a) No remuneration was paid to trustees or any persons connected with them during the year
-
(2024: £Nil).
-
(b) No travelling expenses were reimbursed to any trustees
(2024: £Nil)
5. Analysis of Grants Received
| Grants Received | Income b/f 23/24 |
Income 24/25 |
Expenditure 24/25 |
Balance | |
|---|---|---|---|---|---|
| Robert Haldane Smith | Volunteer Expenses | £426 | £227 | £199 |
|
| M&G Prudential Community | |||||
| Fund | Volunteer Expenses | £1,103 | £283 | £820 |
|
| Annual Report year ending 31stAugust 2025 | Page 19 of 22 |
| Western Recreation Trust | Horse | £464 | £200 | £264 | |
|---|---|---|---|---|---|
| The Nineveh Charitable Trust | Volunteer Exp/Training | £371 | £350 | £21 | |
| The Basil Death Trust | Admin | £1,222 | £1,222 | £0 | |
| National Lottery - Awards for All | Various | £2,200 | £2,200 | £0 | |
| Robert Haldane Smith 2 | Coaching/Livery | £1,900 | £900 | £1,000 | |
| Communities MH & Wellbeing | |||||
| Fund | Various | £4,500 | £4,276 | £224 | |
| The Sylvia Aitken Charitable | |||||
| Trust | Core Costs | £1,704 | £1,704 | £0 | |
| WCH Trust for Children | Equipment | £1,529 | £1,529 | £0 | |
| Coaching/Vol | |||||
| Essentia Foundation | Exp/Livery | £2,376 | £2,376 | £0 | |
| The Pettigrew Charitable Trust | Core Costs | £550 | £550 | £0 | |
| Kingdom Housing Association | Horse | £316 | £0 | £316 | |
| The Gannochy Trust | Service Manager | £9,626 | £9,626 | £0 | |
| Service | |||||
| The Stafford Trust | Manager/Livery | £4,280 | £4,280 | £0 | |
| Inchyre Trust | Coaching | £500 | £500 | £0 | |
| KM Harbinson Trust | Coaching | £200 | £200 | £0 | |
| Souter Charitable Trust | Horse | £3,000 | £0 | £3,000 | |
| Douglas Arter Foundation | Competition Fees | £105 | £105 | £0 | |
| Hugh Fraser Foundation | Competitions Costs | £2,730 | £2,602 | £128 | |
| JTH Charitable Trust | Livery | £500 | £500 | £0 | |
| The Sylvia Aitken Charitable | |||||
| Trust 3 | Core Costs | £1,000 | £1,000 | £0 | |
| Children’s Aid Scotland | Vaulting Uniforms | £450 | £450 | £0 | |
| The Basil Death Trust | Admin | £1,000 | £1,000 | £0 | |
| Trefoil | Coaching | £1,500 | £1,009 | £491 | |
| Baynes | Uniforms | £100 | £100 | £0 | |
| Robert Haldane Smith 3 | Admin | £2,000 | £2,000 | £0 | |
| Robertson Trust Yr 3 | Service Manager | £9,000 | £9,000 | £0 | |
| Jones Family Charitable Trust | Competition Costs | £5,000 | £2,447 | £2,553 | |
| The Sylvia Aitken Charitable | |||||
| Trust 4 | Core Costs | £1,000 | £1,000 | £0 | |
| White Top Foundation | Admin/Vol Expenses | £1,000 | £0 | £1,000 | |
| Scottish Children's Lottery - | |||||
| Bright Future | Admin | £1,000 | £1,000 | £0 | |
| Miss DM Dawson Trust | Falkirk School Sessions | £1,800 | £600 | £1,200 | |
| The Sheldon Trust Year 2 | Service Manager | £5,000 | £4,071 | £929 | |
| National Lottery - Awards for All | |||||
| 2 | Manager/Admin/Livery | £20,000 | £3,779 | £16,221 | |
| The Walker-Shoolbraid | |||||
| Charitable Trust | Volunteer Expenses | £1,000 | £861 | £139 | |
| Inchyre trust | Coaching | £500 | £0 | £500 | |
| Kingdom Housing Association | Core Costs | £500 | £0 | £500 | |
| The Pettigrew Charitable Trust | Core Costs | £1,000 | £389 | £611 | |
| BofA Round Table | Anniversary Show | £500 | £500 | £0 | |
| Falkirk Council | Falkirk School Sessions | £3,480 | £60 | £3,420 | |
| Tesco Groundworks | Vaulting | £230 | £0 | £230 | |
| The Gannochy Trust | Service Manager | £16,350 | £7,301 | £9,049 | |
| Tesco Groundwork 2 | Coaching | £1,000 | £0 | £1,000 | |
| The Essentia Foundation | Core Costs | £10,000 | £0 | £10,000 | |
| The Wood Foundation | Horse | £3,000 | £0 | £3,000 | |
| Horse Scotland | Hartpury | £672 | £672 | £0 | |
| Children’s Aid Scotland | Hartpury | £2,000 | £2,000 | £0 | |
| JTH Trust (25/26) | Hartpury | 25/26 | £500 | £0 | |
| Tesco Groundworks | Hartpury | £270 | £270 | £0 |
Annual Report year ending 31[st] August 2025
Page 20 of 22
£39,603 £90,352 £73,639 £56,816
6. Analysis of Payments
| Professional Fees Staff Costs Coaching Costs Horse Care Livery Capital Project Hartpury Expenses Equipment Competition Fees & Travel Volunteer Exp & Training Horse (inc tack & costs) Annual Costs Bank Charges Fundraising Costs Platform Fees (fundraising) Fundraiser Costs Platform Fees (services) Platform Fees (capital) |
Unrestricted Designated Restricted Total Funds Funds Funds 2025 £ £ £ £ 43592 43592 4789 4789 14235 14235 9790 8480 18270 6746 6746 1057 839 1896 2077 2105 4182 2469 2469 3831 3831 2515 2515 60 60 3763 3763 269 269 4093 4093 20 20 |
Unrestricted Designated Restricted Total Funds Funds Funds 2024 £ £ £ £ 40657 40657 6633 6633 12130 12130 7563 10717 18280 7920 7920 912 540 1452 397 5798 6195 1441 1441 10225 10225 3521 3521 60 60 835 835 175 175 4497 4497 360 360.44 24 24 |
|---|---|---|
| 33,786 - 76,944 110,730 |
25,953 - 88,452 114,405 |
7. Movement of Funds
| Unrestricted | Designated | Designated | Restricted | Total | |
|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||
| (Services) | (Cap Proj) | ||||
| Funds Reconciliation | |||||
| Balance as at 31 August 2024 | 32,333 | 8000 | 8041 | 58,570 | 106,944 |
| Designated for New Horse | (2,000) | 2000 | 0 | ||
| Surplus/(Deficit) for year | 5,467 | 16,118 | 21,585 | ||
| Balance as at 31 August 2025 | 35,800 | 10,000 | 8,041 | 74,688 | 128,529 |
Annual Report year ending 31[st] August 2025
Page 21 of 22
8. Purpose of Funds
Unrestricted funds can be expended at the discretion of the trustees in furtherance of the objects of the charity.
Restricted funds can be spent as per analysis of grants received.
Annual Report year ending 31[st] August 2025 Page 22 of 22