HEROS
HEROS aims to take in ex - racehorses and retrain and find new homes for them where they can flourish in new disciplines. HEROS also aims to raise the profile of the thoroughbred in general. HEROS provides education, training & work related opportunities for people wanting to work in either the racing or equine industries,including courses for special educational needs children and young people.
Financial health, per its FY2025 accounts
The accounts state that total income increased to £1,969,610, resulting in a net income surplus of £384,185 for the year. Free reserves rose to £1,027,764, which the trustees consider sufficient to maintain operations for two years should donations cease. The auditor confirmed that resources are adequate for the foreseeable future with no material uncertainties identified.
What the accounts disclose
“The Trustees aim to build reserves to a level sufficient to keep all the ex-racehorses for two years should donations fall dramatically or cease altogether.” — page 6
Leadership, per the charity’s website
- Grace Muir — Chief Executive
Funders the charity credits
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Hannah Elizabeth Dorlingchair
- Andrew McGonnell
- Catherine O'Neill
- Lauren Minchin
- MARGARET JANE SUTTON
- Marion Begley
- Richard Phillips
- Richard Shepherd
- VICTORIA HOPGOOD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.0m | £1.6m |
| 31/03/2024 | £1.9m | £1.2m |
| 31/03/2023 | £745k | £695k |
| 31/03/2022 | £561k | £564k |
| 31/03/2021 | £613k | £547k |
Common questions
Is HEROS financially healthy?
Per its FY2025 accounts: The accounts state that total income increased to £1,969,610, resulting in a net income surplus of £384,185 for the year. Free reserves rose to £1,027,764, which the trustees consider sufficient to maintain operations for two years should donations cease. The auditor confirmed that resources are adequate for the foreseeable future with no material uncertainties identified. Its FY2025 accounts were audited by Haines Watts Swindon Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE RACING FOUNDATION | 2 | £239k |
| MRS D M FRANCE-HAYHURST FOUNDATION | 2 | £239k |
| SIR PETER O'SULLEVAN CHARITABLE TRUST | 2 | £84k |
| The Trevor Hemmings Foundation | 2 | £54k |
| PETPLAN CHARITABLE TRUST | 2 | £21k |
| RETRAINING OF RACE HORSES | 1 | £177k |
| HAMPTON FUEL ALLOTMENT | 1 | £13k |
| THE PETS AT HOME FOUNDATION | 1 | £12k |
Charities like this
- GREATWOOD CHARITY LIMITED
- RETRAINING OF RACE HORSES
- HEALTH EQUALITY AND RIGHTS ORGANISATION
- NEW BEGINNINGS HORSES
- THE HORSE RANGERS ASSOCIATION (HAMPTON COURT)LIMITED
- RUGBY FOR HEROES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HEROS | £2.0m | — | 0 | unclear | — | no doubt |
| GREATWOOD CHARITY LIMITED | £851k | — | 0 | unclear | — | no doubt |
| RETRAINING OF RACE HORSES | £1.3m | £120,001 - £130,000 | 1 | unclear | — | no doubt |
| HEALTH EQUALITY AND RIGHTS ORGANISATION | £169k | — | — | within | — | no doubt |
| NEW BEGINNINGS HORSES | £414k | — | 0 | unclear | — | no doubt |
| THE HORSE RANGERS ASSOCIATION (HAMPTON COURT)LIMITED | £681k | — | 0 | unclear | — | no doubt |