CROSBY GROUP RIDING FOR THE DISABLED ASSOCIATION
TO PROVIDE THERAPUTIC RIDING FOR DISABLED PEOPLE TO PROMOTE THEIR HEALTH AND WELLBEING.
Financial health, per its FY2025 accounts
The accounts state that the charity operated at an operating deficit of £12,860 for the year, with total expenditure exceeding income. To cover this shortfall, the trustees drew down £18,697.65 from savings reserves, reducing the total bank balance from £153,757.70 to £140,897.31. The trustees have set a general reserve target of £50,000 and explicitly noted that reserves will not last indefinitely if the charity continues to run at a loss.
What the accounts disclose
“Riding Provision Income - £20,326.50” — page 5
“At the Trustees Meeting 31.03.25 was agreed to increase the General reserve (based on 1 year’s running cost) to £50,000” — page 8
“We are currently in the fortunate position of having reserve funds in the savings account, without which we would have not been able to continue our valuable work. Our reserve will not last indefinitely, and we cannot continue to run at a loss.” — page 8
Register events
- Received assets from another charity (27/11/2024)
Trustees
- Pauline Davieschair
- JOANNE WELSH
- James Oliver Hankinson
- LOUISE FRASER
- Meg Tumilty
- Naomi Clarke
- Stephanie Highet
- Val Parry
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £45k | £54k |
| 31/03/2024 | £35k | £46k |
| 31/03/2023 | £38k | £41k |
| 31/03/2022 | £29k | £30k |
| 31/03/2021 | £17k | £27k |
Common questions
Is CROSBY GROUP RIDING FOR THE DISABLED ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated at an operating deficit of £12,860 for the year, with total expenditure exceeding income. To cover this shortfall, the trustees drew down £18,697.65 from savings reserves, reducing the total bank balance from £153,757.70 to £140,897.31. The trustees have set a general reserve target of £50,000 and explicitly noted that reserves will not last indefinitely if the charity continues to run at a loss. Its FY2025 accounts were audited by Mark Taylor, Charted Accountant.