Charity Accounts Intelreading the accounts so you don’t have to

RACING WELFARE

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

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.

What the accounts disclose

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.

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).

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).

Register events

Trustees

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?

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.

FunderYearAmount
THE THOMPSON FAMILY CHARITABLE TRUSTFY2023£600k
THE THOMPSON FAMILY CHARITABLE TRUSTFY2025£500k
THE THOMPSON FAMILY CHARITABLE TRUSTFY2024£500k
THE RACING FOUNDATIONFY2023£107k
E B M CHARITABLE TRUSTFY2025£45k
E B M CHARITABLE TRUSTFY2024£45k
E B M CHARITABLE TRUSTFY2023£25k
SIR PETER O'SULLEVAN CHARITABLE TRUSTFY2023£25k
THE MACDONALD-BUCHANAN CHARITABLE TRUSTFY2025£20k
THE WESTMINSTER FOUNDATIONFY2022£10k
THE CHARLOTTE HEBER-PERCY CHARITABLE TRUSTFY2023£5k
THE LESLIE MARY CARTER CHARITABLE TRUSTFY2024£5k
THE EARL FITZWILLIAM CHARITABLE TRUSTFY2025£3k
THE GARTH DOUBLEDAY TRUSTFY2023£800
THE GARTH DOUBLEDAY TRUSTFY2024£800

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.

FunderSimilar charities fundedAmount to them
WILLIAM GEOFFREY HARVEY'S DISCRETIONARY SETTLEMENT NO 22£43k
THE ROSE ANIMAL WELFARE TRUST CIO2£25k
MARJORIE COOTE ANIMAL CHARITY TRUST2£13k
MRS D M FRANCE-HAYHURST FOUNDATION2£10k
M J CAMP CHARITABLE FOUNDATION2£6k
DUMBRECK CHARITY2£4k
THE ARMY CENTRAL FUND1£40k
THE ROTHERMERE FOUNDATION1£25k

Charities like this

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