Racing Homes

Registered charity 1122961 · accounts filings on the Charity Commission register · also known as THE STABLE LAD'S WELFARE TRUST HOUSING ASSOCATION LIMITED

Provision of affordable housing principally for those working in, or retired from, the horseracing and thoroughbred breeding industry.

Objects

TO CARRY ON FOR THE BENEFIT OF THE COMMUNITY THE BUSINESS OF PROVIDING HOUSING AND ASSOCIATED AMENITIES FOR PERSONS IN NECESSITOUS CIRCUMSTANCES UPON TERMS APPROPRIATE TO THEIR MEANS ANDTO PROVIDE FOR AGED PERSONS IN NEED THEREOF HOUSING AND ANY ASSOCIATED AMENITIES SPECIALLY DESIGNED OR ADAPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS

Area of benefit: UNDEFINED. IN PRACTICE, SUFFOLK, BERKSHIRE AND SUSSEX.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts

Registered contact address: West Suffolk, East of England, England (from the postcode on the register)

Latest income
£1.4m
Latest spending
£1.3m
Registered
2008
Accounts read
FY2025

Financial health, per its FY2025 accounts

The charity reported a decrease in total income to £1,402.6k, primarily due to a reduction in restricted grants, while expenditure fell to £1,252.5k, resulting in a net income surplus of £150.1k. Free reserves stood at £681.6k, which exceeds the stated policy target of £450k, and the charity holds total reserves of £12.7m. The trustees confirmed the charity has sufficient funds to continue operations for at least three years, with no material uncertainties identified regarding its going concern status.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £70,001 - £80,000 — above the median for charities its size (£70k)
“One employee earned between £70,000 and £80,000 in the year (2024: one earned between £60,000 and £70,000).” — page 36
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee earned between £70,000 and £80,000 in the year (2024: one earned between £60,000 and £70,000).” — page 36
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Charitable activities (100% of income)
“Income from charitable activities represents rents and service charges receivable. All rental and service charge income is from social housing lettings.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: six months of property management costs in free reserves. This is estimated at £450k. (reserves figure: £4.9m)
“The charity has a reserves policy, in line with its parent, to keep six months of property management costs in free reserves. This is estimated at £450k.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Racing Welfare provided management and administration overheads of £46k.
“During the year £46k (2024: £46k) in respect of management and administration overheads were allocated to the Charity by Racing Welfare.” — page 44
“During the year total grants of £155.5k (2024: £730.4k) were received from Racing Welfare.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Racing Welfare provided grants of £155.5k.
“During the year £46k (2024: £46k) in respect of management and administration overheads were allocated to the Charity by Racing Welfare.” — page 44
“During the year total grants of £155.5k (2024: £730.4k) were received from Racing Welfare.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Racing Welfare transferred land valued at £148.2k.
“During the year £46k (2024: £46k) in respect of management and administration overheads were allocated to the Charity by Racing Welfare.” — page 44
“During the year total grants of £155.5k (2024: £730.4k) were received from Racing Welfare.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Jockey Club Estates Limited provided maintenance and repairs services for £144.6k.
“During the year £46k (2024: £46k) in respect of management and administration overheads were allocated to the Charity by Racing Welfare.” — page 44
“During the year total grants of £155.5k (2024: £730.4k) were received from Racing Welfare.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Price Bailey LLP. Discloses 6 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

In its annual return the charity told the Commission it is also regulated by: Homes England. This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/12/2025

  • Employees paid over £60,000: 1 (£70,001–£80,000: 1)

Self-declared on the annual return for the financial year ending 31/12/2024

  • Volunteers: 1
  • Employees paid over £60,000: 1 (£60,001–£70,000: 1)

Self-declared on the annual return for the financial year ending 31/12/2023

  • Employees paid over £60,000: 1 (£60,001–£70,000: 1)

Source: this charity’s annual returns on the Charity Commission register.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Property (HM Land Registry)

15 registered titles in England and Wales held by the charity’s company or corporate body (12 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Structured financials (annual return, FY ending 31/12/2025)

Total income
£1.4m
Total spending
£1.3m
Reserves (reported)
£682k
Employees
6

Reported reserves equal ~6.5 months of spending — above the median for charities its size (median 4.7 months; benchmarks).

Per its annual return, largest income source: Charitable activities (75% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.3%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£1.4m£1.3m
31/12/2024£1.7m£1.4m
31/12/2023£1.1m£1.3m
31/12/2022£1.1m£1.1m
31/12/2021£1.1m£897k

Common questions

Is Racing Homes financially healthy?

Per its FY2025 accounts: The charity reported a decrease in total income to £1,402.6k, primarily due to a reduction in restricted grants, while expenditure fell to £1,252.5k, resulting in a net income surplus of £150.1k. Free reserves stood at £681.6k, which exceeds the stated policy target of £450k, and the charity holds total reserves of £12.7m. The trustees confirmed the charity has sufficient funds to continue operations for at least three years, with no material uncertainties identified regarding its going concern status. Its FY2025 accounts were audited by Price Bailey LLP.

What does the highest-paid employee of Racing Homes earn?

Per its FY2025 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.

Who funds Racing Homes?

Funders whose own accounts filings name Racing Homes as a grant recipient include RACING WELFARE.

Shared trustees with funders

Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
RACING WELFAREFY2024£730kGrant funding to subsidiary charity
RACING WELFAREFY2023£26kGrants paid to connected charity Racing Homes

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with RACING WELFARE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
Racing Homes£1.4m£70,001 - £80,0001above—no doubt
RACING WELFARE FY2025£5.5m——above—no doubt
RETRAINING OF RACE HORSES FY2025£2.5m£120,001 - £130,0002unclear—no doubt
RACEHORSE TRAINERS BENEVOLENT FUND FY2025£71k—0unclear—no doubt
National Horseracing College Limited FY2025£3.9m£120,001 - £130,0004below—no doubt
NEW BEGINNINGS HORSES FY2025£414k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.