NEW BEGINNINGS HORSES
The charity's objects are to relieve the suffering of former racehorses in need of care and attention by providing and maintaining a rescue home or other facilities, and to promote humane behaviour towards them by providing care, protection, treatment and security where in need by reason of sickness, maltreatment, poor circumstances or ill usage and to educate the public in these matters.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £71,513 for the year ended 31 January 2025, with total income rising to £413,842 from £266,937 in the prior year. Per the trustees' report, free unrestricted reserves stood at £51,541, a negative figure attributed to a long-term loan from trustees and deferred income, while the charity maintains a reserves policy target of £25,000. The independent examiner confirmed that no material matters came to their attention regarding the accounts.
What the accounts disclose
“an amount of £25,000 should be available at all times to protect the welfare of the horses” — page 6
“The trustees Kevin Atkinson and Pam Atkinson are jointly owed £39,214 (£32,604: 2024) by the charity at 31 January 2025. This will be repaid as unrestricted funds allow.” — page 27
“The lease for the premises at The Grange, where the Charity is based, is in the names of Kevin Atkinson and Pam Atkinson personally, on trust for the Charity itself.” — page 18
“The trustees Kevin Atkinson and Pam Atkinson are jointly owed £39,214 (£32,604: 2024) by the charity at 31 January 2025. This will be repaid as unrestricted funds allow.” — page 27
“The lease for the premises at The Grange, where the Charity is based, is in the names of Kevin Atkinson and Pam Atkinson personally, on trust for the Charity itself.” — page 18
Funders the charity credits
- Godolphin
- British Horse Feeds
Trustees
- PAMELA MICHELLE ATKINSONchair
- GRAHAM ORANGE
- KEVIN ATKINSON
- Lauren Storm Bollons
- MICHAEL SHINNERS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £414k | £342k |
| 31/01/2024 | £267k | £316k |
| 31/01/2023 | £259k | £268k |
| 31/01/2022 | £210k | £263k |
| 31/01/2021 | £260k | £205k |
Common questions
Is NEW BEGINNINGS HORSES financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £71,513 for the year ended 31 January 2025, with total income rising to £413,842 from £266,937 in the prior year. Per the trustees' report, free unrestricted reserves stood at £51,541, a negative figure attributed to a long-term loan from trustees and deferred income, while the charity maintains a reserves policy target of £25,000. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2025 accounts were independently examined.
Who funds NEW BEGINNINGS HORSES?
Funders whose own accounts filings name NEW BEGINNINGS HORSES as a grant recipient include RETRAINING OF RACE HORSES, PETPLAN CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| RETRAINING OF RACE HORSES | FY2023 | £63k | Grants and educational activities / Welfare |
| RETRAINING OF RACE HORSES | FY2022 | £58k | Vulnerable Horse Scheme / Retraining |
| RETRAINING OF RACE HORSES | FY2021 | £40k | Grants and educational activities |
| RETRAINING OF RACE HORSES | FY2024 | £16k | Grants paid |
| PETPLAN CHARITABLE TRUST | FY2023 | £5k | Veterinary support |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PETS AT HOME FOUNDATION | 4 | £164k |
| MRS D M FRANCE-HAYHURST FOUNDATION | 3 | £132k |
| The Trevor Hemmings Foundation | 2 | £54k |
| SIR PETER O'SULLEVAN CHARITABLE TRUST | 2 | £40k |
| THE BERYL EVETTS AND ROBERT LUFF ANIMAL WELFARE TRUST LIMITED | 2 | £10k |
| THE RACING FOUNDATION | 1 | £54k |
| BETTY PHILLIPS CHARITABLE TRUST | 1 | £20k |
| THE WESTMINSTER FOUNDATION | 1 | £20k |
Charities like this
- HOPTON REHAB & HOMING CENTRE
- RETRAINING OF RACE HORSES
- HORSE RESCUE FUND
- GREATWOOD CHARITY LIMITED
- THE MARE AND FOAL SANCTUARY
- HORSES AND PONIES PROTECTION ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW BEGINNINGS HORSES | £414k | — | 0 | unclear | — | no doubt |
| HOPTON REHAB & HOMING CENTRE | £327k | Under £60,000 | 0 | unclear | — | no doubt |
| RETRAINING OF RACE HORSES | £1.3m | £120,001 - £130,000 | 1 | unclear | — | no doubt |
| HORSE RESCUE FUND | £102k | — | 0 | unclear | — | no doubt |
| GREATWOOD CHARITY LIMITED | £851k | — | 0 | unclear | — | no doubt |
| THE MARE AND FOAL SANCTUARY | £6.0m | — | — | unclear | — | no doubt |