Tyne & Wear RDA Limited Charity Accounts

COMPANY REGISTRATION NUMBER: 08242972

CHARITY REGISTRATION NUMBER: 1155770

Tyne & Wear RDA Limited

Company Limited by Guarantee

Unaudited Financial Statements

31 March 2025

Tyne & Wear RDA Limited

Company Limited by Guarantee

Financial Statements

Year ended 31 March 2025

	Page

Trustees' annual report (incorporating the director's report)	1

Independent examiner's report to the trustees	4

Statement of financial activities (including income and expenditure account)	5

Statement of financial position	6

Notes to the financial statements	7

Tyne & Wear RDA Limited

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 March 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the company for the year ended 31 March 2025 .

Reference and administrative details

Registered charity name	Tyne & Wear RDA Limited

Charity registration number	1155770

Company registration number	08242972

Principal office and registered	Washington Riding Centre
office	Stephenson Road
	Washington
	Tyne and Wear
	NE37 3HR

The trustees

	Mrs L S Boyle
	Ms M Potts
	Mrs P Archer

Independent examiner	Martin Firth
	384 Linthorpe Road
	Middlesbrough
	TS5 6HA

Structure, governance and management

Charitable Objects

The principal activity of the charity is to provide for the relief of disabled persons by the provision or assistance in the provision of facilities for riding and other associated activities to further the objects of the Riding for the Disabled Association. The Charity proposes to achieve its objective by providing, managing and operating a riding centre at Stephenson Road, Washington.

Objectives and activities

In order to meet its objectives as part of the Riding for the Disabled Association group, the charity carries out a number of different activities in the Tyne and Wear and County Durham areas including: - Providing riding therapy for disabled people in the Tyne and Wear region. - Providing education and training towards nationally recognised qualifications to people with disabilities, special needs and learning difficulties and also for those who are able bodied. - Providing volunteering opportunities for people of all ages in order to assist the charity in achieving its charitable objectives. The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities and setting the grant making policy for the year.

Achievements and performance

The year started on a positive note.

With the start of spring, we once again worked hard on our sensory garden. Thanks to generous donations from The Joicey Trust, The Barbour Foundation and The Catherine Cookson Trust, we were able to revitalise the garden after the winter and make it useable for summer activities. Thanks to funding from Sport England, our garden arena is now complete, and we hope it will be officially opened in 2025.

We were able to host some outdoor equine related activities for our youngsters with special needs, such as 'Tea with Timmy' an opportunity to pet and groom the pony Timmy and enjoy some social time with juice and cake.

These sessions have proved really successful, and along with a Teddy Bears Picnic, held later in the year, it has emphasised the need and benefit of outside activities in a calm and peaceful space, with the horses and ponies, to stimulate creative play and reduce stress and anxiety, especially for children on the autistic spectrum. We are also looking at additional activities such as a hayzi-maze.

Thanks to generous donations we were able to add two additional equines to our team, and we were pleased to welcome Heidi and Maggie.

We were also able to support the Hippotherapy group, and regular weekly groups of children with special needs. The staff who attended with them were delighted at the difference that horse riding and related activities made to these children, some who were quite disabled and non-verbal, the joy on their faces and big smiles really touched both staff and volunteers.

We also appreciated the support received from the Freemason Charity and the Horseman Trust, which has enabled us to continue providing riding activities for our disabled and disadvantaged participants, and this has encouraged more to get involved in our alternative provision Changing Lives Programme, the results of which have been very encouraging.

We continue to express our appreciation for the tireless efforts of our staff and volunteers, for their hard work and determination to ensure all our clients have the best possible experience. We also very much appreciated the support of corporate volunteers, who chose to spend their company volunteer day with us, helping both with the garden and the riding activities.

We are also very grateful for the ongoing support of the Sir John Priestman Trust, WA Handley, and the Roy and Pixie Baker Trust, also Lanchester Road Hospital and the Community Choir, who, although only small, have being extremely generous is their regular funding for the Centre.

We have many positives to take forward into the new financial year. Nothing would be possible without the valuable contribution from volunteers and supporters of the Centre, and especially the hardworking board who despite having other commitments, are generous in sharing their time and expertise to make the Centre so successful.

As a board we will continue to review our business plan and strategy to ensure compliance and commitment to our charitable objectives and to ensure our continued success.

Financial review

The charity's policy is to retain reserves, in the form of unrestricted funds, to a level where they equate to approximately 6 months expenditure. This should provide a reasonably secure financial base on which to plan future projects and commit to related expenditure before external funding has been fully secured. The general fund shows an decrease of £1,042 during the year, while the balance sheet shows aggregate reserves of £202,697 at 31 March 2025.

The results for the year and the charity's financial position at the end of the year are shown in the attached financial statements. The Trustees are satisfied with the overall financial position of the charity and can confirm that the charity has the resources to fully discharge its obligations.

Risk statement

It is confirmed that the major risks identified by the Trustees have been reviewed and systems established to mitigate those risks.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The trustees' annual report was approved on 18 December 2025 and signed on behalf of the board of trustees by:

Mrs P Archer

Trustee

Tyne & Wear RDA Limited

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Tyne & Wear RDA Limited

Year ended 31 March 2025

I report to the trustees on my examination of the financial statements of Tyne & Wear RDA Limited ('the company') for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's statement

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

2. the financial statements do not accord with those records; or

3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Martin Firth Independent Examiner

384 Linthorpe Road Middlesbrough TS5 6HA

18 December 2025

Tyne & Wear RDA Limited

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 March 2025

	2025			2024
	Unrestricted funds	Restricted funds	Total funds	Total funds
Note	£	£	£	£

Income and endowments

Donations and legacies	5	997	33,505	34,502	46,541
Charitable activities	6	34,565	–	34,565	18,114
Other trading activities	7	257,095	–	257,095	238,375
Investment income	8	354	–	354	350
Other income	9	65,106	–	65,106	77,402
		---------	--------	---------	---------
Total income		358,117	33,505	391,622	380,782
		---------	--------	---------	---------

Expenditure

Expenditure on charitable activities	10,11	359,159	27,827	386,986	336,074
		---------	--------	---------	---------
Total expenditure		359,159	27,827	386,986	336,074
		---------	--------	---------	---------

	---------	--------	---------	---------
Net income and net movement in funds	( 1,042)	5,678	4,636	44,708
	---------	--------	---------	---------

Reconciliation of funds

Total funds brought forward	128,109	63,972	192,081	147,373
	---------	--------	---------	---------
Total funds carried forward	127,067	69,650	196,717	192,081
	---------	--------	---------	---------

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Tyne & Wear RDA Limited

Company Limited by Guarantee

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible fixed assets	16	83,437	91,863

Current assets

Stocks	17	41,420	42,900
Debtors	18	9,919	2,833
Cash at bank and in hand		82,998	67,979
		---------	---------
		134,337	113,712

Creditors: amounts falling due within one year	19	21,057	13,494
		---------	---------
Net current assets		113,280	100,218
		---------	---------
Total assets less current liabilities		196,717	192,081
		---------	---------
Net assets		196,717	192,081
		---------	---------

Funds of the charity

Restricted funds		69,650	63,972
Unrestricted funds		127,067	128,109
		---------	---------
Total charity funds	21	196,717	192,081
		---------	---------

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 18 December 2025 , and are signed on behalf of the board by:

P Archer

Director

Tyne & Wear RDA Limited

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Washington Riding Centre, Stephenson Road, Washington, Tyne and Wear, NE37 3HR.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Fixtures and fittings	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Limited by guarantee

Tyne and Wear RDA Limited is a company limited by guarantee and accordingly does not have a share capital.

5. Donations and legacies

Unrestricted Funds	Restricted Funds	Total Funds 2025
£	£	£

Donations

Donations	997	29,505	30,502
John Priestman Charity Trust	–	3,000	3,000
WA Handley Trust	–	1,000	1,000
Roy & Pixie Baker Trust	–	–	–
	----	--------	--------
	997	33,505	34,502
	----	--------	--------

Unrestricted Funds	Restricted Funds	Total Funds 2024
£	£	£

Donations

Donations	491	39,550	40,041
John Priestman Charity Trust	–	3,000	3,000
WA Handley Trust	–	1,000	1,000
Roy & Pixie Baker Trust	–	2,500	2,500
	----	--------	--------
	491	46,050	46,541
	----	--------	--------

6. Charitable activities

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Fundraising events	17,567	17,567	7,339	7,339
Facilities hire	14,973	14,973	8,341	8,341
Hot and cold drink sales	1,305	1,305	1,634	1,634
Adopt a horse	720	720	800	800
	--------	--------	--------	--------
	34,565	34,565	18,114	18,114
	--------	--------	--------	--------

7. Other trading activities

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Riding lessons	193,146	–	193,146
Rent from livery	61,701	–	61,701
Promotional products	2,248	–	2,248
	---------	----	---------
	257,095	–	257,095
	---------	----	---------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Riding lessons	177,723	(960)	176,763
Rent from livery	59,922	–	59,922
Promotional products	1,690	–	1,690
	---------	----	---------
	239,335	( 960)	238,375
	---------	----	---------

8. Investment income

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Bank interest receivable	354	354	350	350
	----	----	----	----

9. Other income

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Rent from bungalow	9,774	9,774	4,936	4,936
Income for Staff Wages	40	40	1,023	1,023
NWL	55,292	55,292	71,443	71,443
	--------	--------	--------	--------
	65,106	65,106	77,402	77,402
	--------	--------	--------	--------

10. Expenditure on charitable activities by fund type

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Riding lessons	264,690	11,602	276,292
Support costs	94,469	16,225	110,694
	---------	--------	---------
	359,159	27,827	386,986
	---------	--------	---------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Riding lessons	198,029	22,324	220,353
Support costs	100,596	15,125	115,721
	---------	--------	---------
	298,625	37,449	336,074
	---------	--------	---------

11. Expenditure on charitable activities by activity type

	Activities undertaken directly	Support costs	Total funds 2025	Total fund 2024
	£	£	£	£
Riding lessons	276,292	67,785	344,077	289,912
Governance costs	–	42,909	42,909	46,162
	---------	---------	---------	---------
	276,292	110,694	386,986	336,074
	---------	---------	---------	---------

12. Analysis of support costs

	Analysis of support costs activity 1	Total 2025	Total 2024
	£	£	£
Premises	10,459	10,459	14,015
Communications and IT	774	774	564
General office	4,821	4,821	3,023
Repairs and maintenance	24,723	24,723	24,289
Insurance	10,268	10,268	9,284
Motor expenses	998	998	2,651
Equipment hire	1,194	1,194	870
Membership fees	928	928	710
Depreciation	13,620	13,620	14,153
	--------	--------	--------
	67,785	67,785	69,559
	--------	--------	--------

13. Net income

Net income is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible fixed assets	13,620	14,153
	--------	--------

14. Independent examination fees

	2025	2024
	£	£

Fees payable to the independent examiner for:

Independent examination of the financial statements	2,802	2,646
	-------	-------

15. Particulars of employees

The total staff costs and employee benefits for the reporting period are analysed as follows:

	2025	2024
	£	£
Wages and salaries	152,711	134,335
Social security costs	4,483	3,083
Employer contributions to pension plans	2,684	2,383
	---------	---------
	159,878	139,801
	---------	---------

The average head count of employees during the year was 11 (2024: 10 ). The average number of full-time equivalent employees during the year is analysed as follows:

	2025	2024
	No.	No.
Number of staff	11	10
	----	----

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

16. Tangible fixed assets

	Freehold property	Plant and machinery	Fixtures and fittings	Total
	£	£	£	£
Cost
At 1 April 2024	56,134	32,401	65,775	154,310
Additions	4,844	–	350	5,194
	--------	--------	--------	---------
At 31 March 2025	60,978	32,401	66,125	159,504
	--------	--------	--------	---------
Depreciation
At 1 April 2024	–	24,586	37,861	62,447
Charge for the year	–	1,953	11,667	13,620
	--------	--------	--------	---------
At 31 March 2025	–	26,539	49,528	76,067
	--------	--------	--------	---------
Carrying amount
At 31 March 2025	60,978	5,862	16,597	83,437
	--------	--------	--------	---------
At 31 March 2024	56,134	7,815	27,914	91,863
	--------	--------	--------	---------

17. Stocks

	2025	2024
	£	£
Raw materials	41,420	42,900
	--------	--------

18. Debtors

	2025	2024
	£	£
Trade debtors	8,037	538
Prepayments and accrued income	1,882	2,295
	-------	-------
	9,919	2,833
	-------	-------

19. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	14,806	8,675
Accruals and deferred income	2,802	2,646
Social security and other taxes	2,836	1,675
Other creditors	613	498
	--------	--------
	21,057	13,494
	--------	--------

20. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £ 2,684 (2024: £ 2,383 ).

21. Analysis of charitable funds

Unrestricted funds

	At 1 April 2024	Income	Expenditure	At 31 March 2025
	£	£	£	£
General funds	128,109	358,117	(359,159)	127,067
	---------	---------	---------	---------

	At 1 April 2023	Income	Expenditure	At 31 March 2024
	£	£	£	£
General funds	91,042	335,692	(298,625)	128,109
	--------	---------	---------	---------

Purposes of Unrestricted Funds

The general fund represents the income received and expenditure incurred in providing the services and activities of the charity.

Restricted funds

	At 1 April 2024	Income	Expenditure	At 31 March 2025
	£	£	£	£
Sport England	5,522	–	(1,046)	4,476
Sunderland Council	5,426	–	(1,808)	3,618
Sensory Garden	17,927	10,100	(4,702)	23,325
Sir James Knott	–	–	–	–
Barbour Foundation	1,687	–	(563)	1,124
Horse Fund	4,750	9,602	(5,980)	8,372

Saddle Fund	1,165	1,347	(420)	2,092
Sport England (Arena)	22,173	–	(2,500)	19,673
Harrow 4 Arena	–	–	(750)	(750)
Empower Grant	5,275	–	(1,808)	3,467
Rug	–	–	–	–
Northumbria Police	–	–	–	–
Bungalow boiler	–	–	–	–
Equihandee	–	–	–	–
Garden	47	–	–	47
Staff gifts	–	–	–	–
Donations	–	4,206	–	4,206
Property Maintenance	–	7,750	(7,750)	–
Training	–	500	(500)	–
	--------	--------	--------	--------
	63,972	33,505	(27,827)	69,650
	--------	--------	--------	--------

	At 1 April 2023	Income	Expenditure	At 31 March 2024
	£	£	£	£
Sport England	6,568	–	(1,046)	5,522
Sunderland Council	–	7,234	(1,808)	5,426
Sensory Garden	20,411	–	(2,484)	17,927
Sir James Knott	8,333	–	(8,333)	–
Barbour Foundation	2,250	–	(563)	1,687
Horse Fund	–	13,850	(9,100)	4,750
Saddle Fund	1,165	1,089	(1,089)	1,165
Sport England (Arena)	10,521	14,902	(3,250)	22,173
Harrow 4 Arena	–	–	–	–
Empower Grant	7,083	–	(1,808)	5,275
Rug	–	37	(37)	–
Northumbria Police	–	960	(960)	–
Bungalow boiler	–	6,500	(6,500)	–
Equihandee	–	71	(71)	–
Garden	–	297	(250)	47
Staff gifts	–	150	(150)	–
Donations	–	–	–	–
Property Maintenance	–	–	–	–
Training	–	–	–	–
	--------	--------	--------	--------
	56,331	45,090	(37,449)	63,972
	--------	--------	--------	--------

Purposes of Restricted Funds

HMRC Job Retention Scheme - Provided to help fund the wages of furloughed staff. Sport England - Provided to help fund the new Pony stable. Arnold Clarke - Provided to help fund animal feed.

Sensory Garden - Contributions from multiple donors to help build the Sensory Garden. Sir James Knott - Provided to help fund recruitment of new volunteers as well as supporting volunteers, old and new. Hadrian Trust - Provided to help fund recruitment of new volunteers as well as supporting volunteers, old and new. Barbour Foundation - Provided to help fund the purchase of the new sweeper collector. NBL - Provided to help fund the new bespoke software design app. Horse Fund - Provided to help fund the purchases of new horses to the centre. Saddle Fund - Provided to help fund the replacement and renewal of horses' saddles. Field Fund - Provided to help fund essential ground maintenance. Sport England - Provided to help fund the Arena Surface. Harrow - Provided to help fund the Harrow 4 arena.

Rothley Trust - Provided to help fund the heating.

Empower Grant - Provided to help fund the lighting.

East Boldon - Provided to help fund new rugs.

Thomas Berwick - Provided to help Riding & Stable Management. Northumbria Police - Provided to help fund RDA lesson subsidy. S Boyle - Provided to help fund staff gifts.

B Dawber - Provided to help fund a Veg frame for garden. Donation - Provided to help fund the garden grass to be cut. Roy & Pixie Baker - Provided to help fund a bungalow boiler. John Priestman - Provided to help fund a bungalow boiler. WA Handley - Provided to help fund a bungalow boiler.

Lace & Darpes - Provided to help fund an equihandee.

B Dawber - Provided to help fund an equihandee.

Sunderland Council - Provided to help fund the LED lighting.

22. Analysis of net assets between funds

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Tangible fixed assets	56,855	26,582	83,437
Current Assets	91,269	43,068	134,337
Creditors less than 1 year	(21,057)	–	(21,057)
	---------	--------	---------
Net assets	127,067	69,650	196,717
	---------	--------	---------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Tangible fixed assets	56,806	35,057	91,863
Current Assets	84,797	28,915	113,712
Creditors less than 1 year	(13,494)	–	(13,494)
	---------	--------	---------
Net assets	128,109	63,972	192,081
	---------	--------	---------