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HEROS

Registered charity 1115174 · accounts filings on the Charity Commission register

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Latest income
£2.0m
Latest spending
£1.6m
Registered
2006
Accounts read
FY2025

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

Reserves policy: two years of unrestricted expenditure (held: £1.0m)
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Haines Watts Swindon Limited. Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — HEROS (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.0m
Total spending
£1.6m
Cost of raising funds
£32k
Reserves (reported)
£1.0m
Employees
21

Reported reserves equal ~7.8 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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?

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.