RETRAINING OF RACE HORSES
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net loss of £403,105 for the year, resulting in a decrease in total funds from £7,196,006 to £7,114,398. The unrestricted General Fund reserves decreased to £4,140,020, with the Trustees noting they rely on investment income and drawdowns from the Endowment Fund to support activities. The Trustees and auditors confirm the charity is well-placed to manage its business risks and has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The number of employees who received emoluments between £100,001 and £110,000 was 1 and between £110,001 and £120,000 was 1” — page 23
“The number of employees who received emoluments between £100,001 and £110,000 was 1 and between £110,001 and £120,000 was 1” — page 23
“The charity relies on income and capital growth generated from the investment of its reserves and has adopted a policy of using reserves to support activity, whilst aiming to maintain the long-term real capital value to generate a continual income stream.” — page 29
“British Horseracing Authority 59,069 41,065 731,407 475,884”
“Point to Point Authority Limited 2,880 3,000 - 11,616”
“British Horseracing Authority 59,069 41,065 731,407 475,884”
“Point to Point Authority Limited 2,880 3,000 - 11,616”
“British Horseracing Authority 59,069 41,065 731,407 475,884”
“Point to Point Authority Limited 2,880 3,000 - 11,616”
“British Horseracing Authority 59,069 41,065 731,407 475,884”
“Point to Point Authority Limited 2,880 3,000 - 11,616”
“British Horseracing Authority 59,069 41,065 731,407 475,884”
“Point to Point Authority Limited 2,880 3,000 - 11,616”
Year-over-year changes
- Top pay band moved from £90,001 - £100,000 (FY2022) to £110,001 - £120,000 (FY2023).
- Employees paid over £60,000: 1 (FY2022) → 2 (FY2023).
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Bridget Elisabeth Guerin
- David Allan Thorpe
- Jeremy Rupert Arnold
- Kyrsten Halley
- Lucinda Cavendish
- Lyn Comerford
- Mark Johnston
- Victoria Jade Murrell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.3m | £1.7m |
| 31/12/2023 | £1.3m | £1.7m |
| 31/12/2022 | £1.0m | £1.4m |
| 31/12/2021 | £1.0m | £1.1m |
| 31/12/2020 | £760k | £1.1m |
Common questions
Is RETRAINING OF RACE HORSES financially healthy?
The accounts state that the charity reported a net loss of £403,105 for the year, resulting in a decrease in total funds from £7,196,006 to £7,114,398. The unrestricted General Fund reserves decreased to £4,140,020, with the Trustees noting they rely on investment income and drawdowns from the Endowment Fund to support activities. The Trustees and auditors confirm the charity is well-placed to manage its business risks and has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were audited by James Cowper Kreston Audit.
What does the highest-paid employee of RETRAINING OF RACE HORSES earn?
Per its FY2023 accounts, the highest-paid employee was in the £110,001 - £120,000 band, and 2 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SIR PETER O'SULLEVAN CHARITABLE TRUST | 3 | £85k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 2 | £1.6m |
| E B M CHARITABLE TRUST | 2 | £190k |
| THE RACING FOUNDATION | 2 | £132k |
| THE ROSE ANIMAL WELFARE TRUST CIO | 2 | £40k |
| THE LESLIE MARY CARTER CHARITABLE TRUST | 2 | £10k |
| M J CAMP CHARITABLE FOUNDATION | 2 | £6k |
| THE SERTH AND GATES CHARITY | 1 | £142k |