RACING WELFARE

Registered charity 1084042 · accounts filings on the Charity Commission register · also registered in Scotland as SC048413 (OSCR)

The charity provides support for those working in or retired from the horseracing and thoroughbred industry including: provision of occupational health and mental health services; a 24 hour support line; advice and guidance; community events for working and retired staff; grants to individuals and organisations; housing; career advice and training support.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Accommodation/housing · Other Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£4.3m
Latest spending
£5.0m
Registered
2000
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure before investment gains of £724k, resulting in a net income after gains of £42k. Free reserves are held at £10.8m, which the trustees consider sufficient to ensure the charity can survive any short-term unforeseen fall in income.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: none
“The charities raised £3.0m (2023 - £3.7m) from fundraising activity, including income from grants.” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: at least six months’ forward expenditure (held: £10.8m)
“Racing Welfare adopts a reserves policy to hold general reserves equivalent to at least six months’ forward expenditure, estimated at £1.1m (group: £1.5m).” — page 25
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Price Bailey LLP. Discloses 4 of 6 completeness components.

Corporate structure

Public fundraising profile: JustGiving — Racing Welfare (matched by registered charity number).

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

7 registered titles in England and Wales held by the charity’s company or corporate body (7 freehold); recorded price paid £721k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2024)

Total income
£4.3m
Total spending
£5.0m
Cost of raising funds
£899k
Reserves (reported)
£11.0m
Employees
50

Reported reserves equal ~26.5 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (46% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 21.0% of total income — in the top quarter for charities its size (median 5.2%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£4.3m£5.0m
31/12/2023£5.0m£5.4m
31/12/2022£4.3m£5.0m
31/12/2021£4.7m£4.4m
31/12/2020£5.4m£3.7m

Common questions

Is RACING WELFARE financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure before investment gains of £724k, resulting in a net income after gains of £42k. Free reserves are held at £10.8m, which the trustees consider sufficient to ensure the charity can survive any short-term unforeseen fall in income. Its FY2024 accounts were audited by Price Bailey LLP.

Who funds RACING WELFARE?

Funders whose own accounts filings name RACING WELFARE as a grant recipient include THE THOMPSON FAMILY CHARITABLE TRUST, THE RACING FOUNDATION, E B M CHARITABLE TRUST, SIR PETER O'SULLEVAN CHARITABLE TRUST, THE MACDONALD-BUCHANAN CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE THOMPSON FAMILY CHARITABLE TRUSTFY2023£600k
THE THOMPSON FAMILY CHARITABLE TRUSTFY2022£503k
THE THOMPSON FAMILY CHARITABLE TRUSTFY2025£500k
THE THOMPSON FAMILY CHARITABLE TRUSTFY2024£500k
THE RACING FOUNDATIONFY2023£107kPeople
THE RACING FOUNDATIONFY2025£70kRacing's People
E B M CHARITABLE TRUSTFY2024£45k
E B M CHARITABLE TRUSTFY2025£45kGrant paid to institution
SIR PETER O'SULLEVAN CHARITABLE TRUSTFY2022£30kAnnually recurring grant
THE MACDONALD-BUCHANAN CHARITABLE TRUSTFY2023£25k
E B M CHARITABLE TRUSTFY2023£25k
SIR PETER O'SULLEVAN CHARITABLE TRUSTFY2023£25kAnnually recurring grant
SIR PETER O'SULLEVAN CHARITABLE TRUSTFY2024£20kAnnually recurring grant
THE MACDONALD-BUCHANAN CHARITABLE TRUSTFY2025£20k
E B M CHARITABLE TRUSTFY2022£15k
THE MICHAEL KIRK AND NOREEN BLYTH-WHITELOCK CHARITABLE FOUNDATIONFY2025£10k
SIR PETER O'SULLEVAN CHARITABLE TRUSTFY2025£10kAnnually recurring grant
THE WESTMINSTER FOUNDATIONFY2022£10kSalary costs of a Regional Support Officer for stable staff in the North West.
THE WESTMINSTER FOUNDATIONFY2023£10kFunding towards salary costs of a Regional Support Officer for stable staff in the North West.
THE SIMON GIBSON CHARITABLE TRUSTFY2022£10k
PAYNE GALLWEY 1989 CHARITABLE TRUSTFY2022£8k
Thomas Waley-Cohen Charitable TrustFY2024£5k
Thomas Waley-Cohen Charitable TrustFY2025£5k
THE HOBSON CHARITY LIMITEDFY2023£5kPoverty
THE LESLIE MARY CARTER CHARITABLE TRUSTFY2024£5k
THE CHARLOTTE HEBER-PERCY CHARITABLE TRUSTFY2023£5k
THE RACING FOUNDATIONFY2022£5kPeople
PAYNE GALLWEY 1989 CHARITABLE TRUSTFY2024£5k
THE EARL FITZWILLIAM CHARITABLE TRUSTFY2022£5k
THE THOMPSON FAMILY CHARITABLE TRUSTFY2022£5k
THE EARL FITZWILLIAM CHARITABLE TRUSTFY2025£3k
THE LADY COBHAM FOUNDATIONFY2022£1k
THE LORD FARINGDON CHARITABLE TRUSTFY2022£1k
THE GARTH DOUBLEDAY TRUSTFY2023£800
THE GARTH DOUBLEDAY TRUSTFY2024£800
THE GARTH DOUBLEDAY TRUSTFY2022£700
THE SIMON GIBSON CHARITABLE TRUSTFY2023£0

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund30/09/2021£10kCheck in and Chat
The National Lottery Community Fund04/05/2016£10kReducing loneliness and isolation for older racing people

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with RETRAINING OF RACE HORSES.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
RACING WELFARE£4.3m——unclear—no doubt
RETRAINING OF RACE HORSES FY2024£1.3m£120,001 - £130,0001unclear—no doubt
Racing Homes FY2024£1.7m£60,001 - £70,0001above—noted
GREATWOOD CHARITY LIMITED FY2025£851k—0unclear—no doubt
NEW BEGINNINGS HORSES FY2025£414k—0unclear—no doubt
RACING INDUSTRY ACCIDENT BENEFIT SCHEME FY2025£2.0m—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.