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THE BRITISH THOROUGHBRED RETRAINING CENTRE

Registered charity 1089564 · accounts filings on the Charity Commission register · also known as THE THOROUGHBRED REHABILITATION CENTRE LIMITED, TRC

The British Thoroughbred Retraining Centre works for the welfare of all Thoroughbreds and retired racehorses. BTRC assesses and then rehabilitates, retrains and re-homes these horses to permanent loan homes throughout the UK where they are regularly monitored. BTRC never buys or sells horses - the horses are donated to the charity and remain in the BTRC's ownership for the rest of their lives.

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Latest income
£551k
Latest spending
£468k
Registered
2001
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a net income of £83,286 for the year ended 31 December 2024, resulting in total unrestricted reserves of £768,505. The trustees report that the charity has a steady cashflow each month that is greater than operational costs, supported by a comprehensive diversification strategy. However, the trustees note that free reserves of £175,994 fall short of their stated policy target of 12 months' running costs.

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

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £769k; policy: 12 months' running costs)
“At the end of the year, the Trustees noted that free reserves amounted to £175,994 which falls short of the target figure”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — The British Thoroughbred Retraining Centre (matched by registered charity number).

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

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

Total income
£551k
Total spending
£468k
Cost of raising funds
£5k
Reserves (reported)
£176k
Employees
16

Reported reserves equal ~4.5 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, cost of raising funds: 0.8% of total income — below the median for charities its size (4.9%) (benchmarks).

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£551k£468k
31/12/2023£352k£402k
31/12/2022£447k£463k
31/12/2021£367k£519k
31/12/2020£530k£483k

Common questions

Is THE BRITISH THOROUGHBRED RETRAINING CENTRE financially healthy?

Per its FY2024 accounts: The accounts state that the charity generated a net income of £83,286 for the year ended 31 December 2024, resulting in total unrestricted reserves of £768,505. The trustees report that the charity has a steady cashflow each month that is greater than operational costs, supported by a comprehensive diversification strategy. However, the trustees note that free reserves of £175,994 fall short of their stated policy target of 12 months' running costs. Its FY2024 accounts were independently examined.

Who funds THE BRITISH THOROUGHBRED RETRAINING CENTRE?

Funders whose own accounts filings name THE BRITISH THOROUGHBRED RETRAINING CENTRE as a grant recipient include RETRAINING OF RACE HORSES, THE THOMPSON FAMILY CHARITABLE TRUST, MRS D M FRANCE-HAYHURST FOUNDATION.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
RETRAINING OF RACE HORSESFY2024£99kGrants paid
THE THOMPSON FAMILY CHARITABLE TRUSTFY2023£50k
THE THOMPSON FAMILY CHARITABLE TRUSTFY2022£30k
RETRAINING OF RACE HORSESFY2023£17kGrants and educational activities / Welfare
RETRAINING OF RACE HORSESFY2021£15kGrants and educational activities
MRS D M FRANCE-HAYHURST FOUNDATIONFY2025—