STEPNEY BANK STABLES LTD
STEPNEY BANK STABLES (SBS) IS AN INNER - CITY RIDING SCHOOL AND CHILDREN'S SOCIAL DEVELOPMENT PROJECT LOCATED IN NEWCASTLE. OUR MISSION IS TO ENHANCE THE LIVES OF YOUNG PEOPLE, AGED 8 -18, THROUGH INTERACTIONS WITH HORSES. SBS PROVIDES RIDING, ACTIVITIES AND SPECIFICALLY CHOSEN WORKSHOPS WHICH ENABLE YOUNG PEOPLE TO LEARN AND DEVELOP THE NECESSARY LIFE SKILLS TO BECOME THE VERY BEST THEY CAN BE.
Objects
TO PROVIDE FACILITIES, IN THE INTERESTS OF SOCIAL WELFARE, FOR HORSERIDING AND OTHER EQUESTRIAN ACTIVITIES, TO CHILDREN, AND PEOPLE WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR INFIRMITY, DISABILITY, AGE OR SOCIAL AND ECONOMIC CIRCUMSTANCE
Financial health, per its FY2025 accounts
The accounts state that the charity generated an operating surplus of £29,133 for the year ended 31 March 2025, reversing a deficit from the prior year. Per the trustees' report, unrestricted reserves stood at £137,555, though the available reserves for assessment against the policy target were approximately £95,000. The trustees acknowledge that this available reserve level was below their stated target of three months of expenditure.
What the accounts disclose
“The Trustees acknowledge that this reserve level was below the target level” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 165
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 149
- Government income: £13,521 — grants £13,521 (2); 3% of the £531,091 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 120
- Government income: £20,453 — grants £20,453 (1); 5% of the £412,856 total gross income on the same return
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Graeme Fletcherchair
- Alison Louise Walton
- Amanda Beckham
- Jayne Routledge
- Lewis Turnbull
- Trevor James Lewin Mr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £530k | £501k |
| 31/03/2024 | £531k | £545k |
| 31/03/2023 | £413k | £492k |
| 31/03/2022 | £553k | £454k |
| 31/03/2021 | £402k | £352k |
Common questions
Is STEPNEY BANK STABLES LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated an operating surplus of £29,133 for the year ended 31 March 2025, reversing a deficit from the prior year. Per the trustees' report, unrestricted reserves stood at £137,555, though the available reserves for assessment against the policy target were approximately £95,000. The trustees acknowledge that this available reserve level was below their stated target of three months of expenditure. Its FY2025 accounts were independently examined.
Who funds STEPNEY BANK STABLES LTD?
Funders whose own accounts filings name STEPNEY BANK STABLES LTD as a grant recipient include THE HARGREAVES FOUNDATION, Sir Graham Wylie Foundation, THE ELSIE DAVIS TRUST, THE BARBOUR FOUNDATION, ST. NICHOLAS' EDUCATIONAL TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE HARGREAVES FOUNDATION | FY2025 | £30k | |
| Sir Graham Wylie Foundation | FY2021 | £15k | Equestrian and Activities Club and Youth Worker (portion of 3-year grant) |
| THE HARGREAVES FOUNDATION | FY2024 | £14k | |
| THE ELSIE DAVIS TRUST | FY2025 | £10k | |
| THE BARBOUR FOUNDATION | FY2024 | £10k | |
| ST. NICHOLAS' EDUCATIONAL TRUST | FY2024 | £5k | Grants made in the furtherance of the education of young people |
| ST. NICHOLAS' EDUCATIONAL TRUST | FY2025 | £5k | Grants made in the furtherance of the education of young people |
| THE ELSIE DAVIS TRUST | FY2022 | £5k | |
| THE BARBOUR FOUNDATION | FY2023 | £4k | |
| THE BERYL EVETTS AND ROBERT LUFF ANIMAL WELFARE TRUST LIMITED | FY2025 | £4k | |
| FRAZER TRUST | FY2025 | £3k | Leisure activities, animals and wildlife |
| FRAZER TRUST | FY2024 | £3k | Leisure activities, animals and wildlife |
| FRAZER TRUST | FY2022 | £3k | |
| FRAZER TRUST | FY2023 | £2k | Children |
| THE JOICEY TRUST | FY2025 | £2k | |
| MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST | FY2024 | £1k | grant towards charitable work |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 12/03/2026 | £20k | Stable Futures: Young Volunteers Programme |
| Community Foundation North East | 09/10/2025 | £5k | Grant to Stepney Bank Stables Ltd |
| Community Foundation North East | 08/05/2025 | £5k | Grant to Stepney Bank Stables Ltd |
| Community Foundation North East | 09/01/2025 | £1k | Grant to Stepney Bank Stables |
| Community Foundation North East | 19/12/2024 | £5k | Grant to Stepney Bank Stables |
| Community Foundation North East | 18/07/2024 | £12k | Grant to Stepney Bank Stables |
| The National Lottery Community Fund | 16/07/2024 | £18k | Pony Pals: Creating community open days for Young People |
| Sport England | 20/05/2024 | amount not stated | COVID19 - Active Together (Crowdfunding) |
| The National Lottery Community Fund | 14/07/2023 | £10k | MH Stomping out anti-social behaviour |
| The National Lottery Community Fund | 20/01/2023 | £10k | WE R GR8: Unlocking potential in neurodiverse young people |
| Community Foundation North East | 03/11/2022 | £10k | Grant to Stepney Bank Stables |
| The National Lottery Community Fund | 25/06/2021 | £9k | Trottin' Around |
| Community Foundation North East | 22/04/2021 | £6k | A grant to Stepney Bank Stables |
| Sport England | 09/06/2020 | £10k | COVID-19 CEF |
| Sport England | 24/02/2020 | £10k | Galloping to Fitness |
| The National Lottery Community Fund | 20/12/2018 | £10k | Ponies For Progress |
| Community Foundation North East | 05/10/2018 | £500 | To support volunteer development costs |
| Community Foundation North East | 23/11/2017 | £6k | Riding for Success |
| Sport England | 12/07/2017 | £5k | Young Peoples Project |
| Community Foundation North East | 24/11/2016 | £5k | Towards Reward riding lessons for participants |
| The National Lottery Community Fund | 29/09/2016 | £2k | Stepney Bank Big Tea Party |
| Community Foundation North East | 19/01/2016 | £5k | Towards Children and Young People's Project |
| Community Foundation North East | 04/12/2015 | £530 | High Sheriff of Tyne & Wear Award |
| Community Foundation North East | 23/06/2015 | £2k | Towards Eight -11 year old project - exam costs, rosette awards and scholar training nights |
| Sport England | 08/05/2015 | £3k | Rural riding for inner-city teens |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HOBSON CHARITY LIMITED | 2 | £6k |
| THE CHILDHOOD TRUST | 1 | £125k |
| GOLDHEART CHARITY LIMITED | 1 | £60k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £47k |
| THE PETER MINET TRUST | 1 | £35k |
| THE BLOOMFIELD CHARITABLE TRUST | 1 | £27k |
| HAROFEH DONATIONS LIMITED | 1 | £20k |
| FOUNTAIN OF CHESSED LIMITED | 1 | £20k |
Charities like this
- STEP BY STEP LONDON
- 1ST STAINES SCOUT GROUP
- STEPPING STONES PRE-SCHOOL, LITTLEPORT
- THE STABLES HORSE ACTIVITY CENTRE
- STEPPING STONES LEARNING AND LEISURE
- SPARKS OF SUCCESS LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| STEPNEY BANK STABLES LTD | £530k | — | 0 | below | — | no doubt |
| STEP BY STEP LONDON | £1.6m | — | 0 | below | — | no doubt |
| 1ST STAINES SCOUT GROUP | £83k | — | 0 | unclear | — | noted |
| STEPPING STONES PRE-SCHOOL, LITTLEPORT | £221k | — | 0 | above | — | no doubt |
| THE STABLES HORSE ACTIVITY CENTRE | £272k | — | 0 | above | — | no doubt |
| STEPPING STONES LEARNING AND LEISURE | £80k | — | — | unclear | — | no doubt |