THE THOROUGHBRED BREEDERS ASSOCIATION
To encourage by means of the provision of educational or research facilities or otherwise, the science of producing and improving the Thoroughbred horse in Great Britain
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £42,928 for the year ended 31 December 2024, with total income of £1,776,439 against total expenditure of £1,819,367. Per the trustees' report, available free reserves were £1,633,589, which is in line with the stated reserves policy of maintaining a minimum level to cover twelve months of running costs. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“In the band of £160,001 – £170,000 1”
Year-over-year changes
- Top pay band moved from £170,001 - £180,000 (FY2023) to £160,001 - £170,000 (FY2024).
Leadership, per the charity’s website
- Philip Newton — Chairman
- Kate Sigsworth — Deputy Chair
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (27/07/2011)
Trustees
- Colm Donlon
- James Crowhurst
- Janine Paula Hopper
- Jessica Westwood
- Joe Callan
- Kate Elizabeth Sigsworth
- Kelly Thomas
- Matthew David Prior
- Michael Saunders
- PHILIP NEWTON
- Thomas Blain
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.9m | £1.9m |
| 31/12/2024 | £1.8m | £1.8m |
| 31/12/2023 | £2.0m | £2.3m |
| 31/12/2022 | £1.9m | £1.7m |
| 31/12/2021 | £1.8m | £1.4m |
Common questions
Is THE THOROUGHBRED BREEDERS ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £42,928 for the year ended 31 December 2024, with total income of £1,776,439 against total expenditure of £1,819,367. Per the trustees' report, available free reserves were £1,633,589, which is in line with the stated reserves policy of maintaining a minimum level to cover twelve months of running costs. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Price Bailey LLP.
What does the highest-paid employee of THE THOROUGHBRED BREEDERS ASSOCIATION earn?
Per its FY2024 accounts, the highest-paid employee was in the £160,001 - £170,000 band.
Who funds THE THOROUGHBRED BREEDERS ASSOCIATION?
Funders whose own accounts filings name THE THOROUGHBRED BREEDERS ASSOCIATION as a grant recipient include The Wavertree Education Trust Limited, THE RACING FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| The Wavertree Education Trust Limited | FY2022 | £135k | Grant passed through to National Stud Limited for E course |
| The Wavertree Education Trust Limited | FY2023 | £126k | grant to support E2SE course operated by National Stud Limited |
| THE RACING FOUNDATION | FY2022 | £105k | People |
| THE RACING FOUNDATION | FY2022 | £46k | Environmental Sustainability |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PETPLAN CHARITABLE TRUST | 3 | £18k |
| MRS D M FRANCE-HAYHURST FOUNDATION | 2 | £127k |
| THE PETS AT HOME FOUNDATION | 2 | £62k |
| The Trevor Hemmings Foundation | 2 | £54k |
| SIR PETER O'SULLEVAN CHARITABLE TRUST | 2 | £40k |
| RETRAINING OF RACE HORSES | 1 | £177k |
| THE WESTMINSTER FOUNDATION | 1 | £20k |
| BETTY PHILLIPS CHARITABLE TRUST | 1 | £20k |
Charities like this
- SPORT HORSE BREEDING OF GREAT BRITAIN
- RETRAINING OF RACE HORSES
- HORSES AND PONIES PROTECTION ASSOCIATION
- GODOLPHIN INTERNATIONAL THOROUGHBRED LEADERSHIP PROGRAMME LIMITED
- TIA GREYHOUND & LURCHER RESCUE
- GREATWOOD CHARITY LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE THOROUGHBRED BREEDERS ASSOCIATION | £1.9m | £160,001 - £170,000 | — | unclear | — | no doubt |
| SPORT HORSE BREEDING OF GREAT BRITAIN | £292k | — | 0 | unclear | — | no doubt |
| RETRAINING OF RACE HORSES | £1.3m | £120,001 - £130,000 | 1 | unclear | — | no doubt |
| HORSES AND PONIES PROTECTION ASSOCIATION | £1.1m | — | — | unclear | — | no doubt |
| GODOLPHIN INTERNATIONAL THOROUGHBRED LEADERSHIP PROGRAMME LIMITED | £1.3m | — | 0 | unclear | — | noted |
| TIA GREYHOUND & LURCHER RESCUE | £482k | — | 0 | unclear | — | no doubt |