THE POLO CHARITY TRUST
Assistance to professional or former professional polo players. Education and training for alternative employment or self-employment of professional or former professional players. Assistance towards the welfare of ponies. Encouragement of polo amongst children and the young in full time education. Encouragement amongst members of the Armed Services. Donations to other charities.
Objects
(A)THE RELIEF OF POVERTY, SICKNESS, DISABILITY OR INJURY AMONGST POLO PLAYERS AND OTHERS ENGAGED IN PROFESSIONAL POLO ACTIVITIES (B)THE ADVANCEMENT FOR THE PUBLIC BENEFIT OF EDUCATION AND TRAINING FOR ALTERNATIVE EMPLOYMENT OR SELF-EMPLOYMENT OF PROFESSIONAL OR FORMER PROFESSIONAL POLO PLAYERS AND OTHERS ENGAGED OR FORMERLY ENGAGED IN PROFESSIONAL POLO ACTIVITIES (C)THE RELIEF OF POLO PONIES IN NEED OF CARE AND ATTENTION DUE TO ABUSE SICKNESS OR INJURY (D)THE PROVISION OR ASSISTANCE IN THE PROVISION OF FACILITIES TO ENABLE AND ENCOURAGE THE PLAYING OF POLO AMONGST CHILDREN AND YOUNG PERSONS WHO ARE IN FULL-TIME EDUCATION AT ANY SCHOOL, UNIVERSITY OR COLLEGE OF FURTHER EDUCATION OR WHO HAVING LEFT SCHOOL HAVE SECURED A PLACE AT ANY UNIVERSITY OR COLLEGE OF FURTHER EDUCATION THEREBY ASSISTING TO ENSURE THAT DUE ATTENTION IS GIVEN TO THE PHYSICAL EDUCATION AND DEVELOPMENT OF SUCH PERSONS AS WELL AS TO THE OCCUPATION AND DEVELOPMENT OF THEIR MINDS (E)THE PROMOTION OF THE EFFICIENCY OF HER MAJESTY'S ARMED FORCES BY ENABLING AND ENCOURAGING THE PLAYING OF POLO AMONGST MEMBERS THEREOF (F)FOR THE BENEFIT OF SUCH ONE OR MORE CHARITABLE PURPOSES OR CHARITABLE INSTITUTIONS AT SUCH TIME OR TIMES IN SUCH MANNER AND IN SUCH PROPORTIONS AS THE TRUSTEES MAY FROM TIME TO TIME IN THEIR DISCRETION DETERMINE.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £2,247,381, supported by a net investment gain of £111,604 and a net income surplus. The trustees confirm the charity is adequately funded with no fixed grant commitments, and the independent examiner reported no material matters requiring attention.
What the accounts disclose
“It is the intention of the Trustees that the grants do not exceed the income from the capital and that emergency fund raising meets the financial support to be given to any seriously injured player. They consider that the Charity is adequately funded at the year end and without a fixed commitment to make any grants.” — page 6
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- General Sir CHARLES REDMOND WATTchair
- Anna Sophie Hall
- Elspeth Talbot Rice KC
- Roderick Ian Vere Nicoll
- Rose Vestey
- Sean Patrick Donovan-Smith
- William Arthur Henry Lascelles Lucas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £58k | £52k |
| 31/12/2024 | £57k | £46k |
| 31/12/2023 | £59k | £64k |
| 31/12/2022 | £49k | £37k |
| 31/12/2021 | £44k | £139k |
Common questions
Is THE POLO CHARITY TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £2,247,381, supported by a net investment gain of £111,604 and a net income surplus. The trustees confirm the charity is adequately funded with no fixed grant commitments, and the independent examiner reported no material matters requiring attention. Its FY2024 accounts were independently examined.