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RACEHORSE TRAINERS BENEVOLENT FUND

Registered charity 1172296 · accounts filings on the Charity Commission register

Provision of financial support to racehorse trainers and ex-racehorse trainers who have fallen on hard times due to circumstances beyond their control and are in need of financial support. May also provide funding for schemes to help relieve beneficiaries from various welfare problems which they would not otherwise be able to fund themselves.

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

Latest income
£71k
Latest spending
£66k
Registered
2017
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £199,009, providing a buffer against income fluctuations from the charity's single source of funding. The trustees maintain a prudent reserves policy to cover potential downturns in income or increased grant applications, noting that a fixed monthly expenditure target is not appropriate. The charity reported a net movement in funds of £4,937 for the year, funded by incoming resources that comfortably covered the shortfall in the Trainer Support Network scheme.

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

What the accounts disclose

Reserves policy: sufficient reserves to fund grant applications as and when they arise and to ensure that grant applications can be funded, should there be a significant downturn in income... sufficient reserves must be retained to cover these annual costs (held: £199k)
“The reserves policy is not determined by holding a number of months of expenditure. Given that expenditure can fluctuate depending upon the number of grants made and applications received, the trustees do not believe a fixed approach such as this is appropriate.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The National Trainers Federation administers the charity and meets the costs of doing so.
“The office of the National Trainers Federation administers the Charity on behalf of the Trustees and meets the costs of so doing. The RTBF does not have a relationship with any other charity.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Scotland · Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2025£71k£66k
31/12/2024£70k£31k
31/12/2023£32k£25k
31/12/2022£22k£6k
31/12/2021£20k£9k

Common questions

Is RACEHORSE TRAINERS BENEVOLENT FUND financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £199,009, providing a buffer against income fluctuations from the charity's single source of funding. The trustees maintain a prudent reserves policy to cover potential downturns in income or increased grant applications, noting that a fixed monthly expenditure target is not appropriate. The charity reported a net movement in funds of £4,937 for the year, funded by incoming resources that comfortably covered the shortfall in the Trainer Support Network scheme. Its FY2025 accounts were independently examined.