Wesko Equestrian Foundation
We launched our first pilot project,developed to seek out up and coming riders.The aim is to offer three talented young riders a pathway to becoming professional eventers and supporting themselves in business within the industry. Each selected rider will be mentored and trained by Pippa Funnell. It will also include professional education in business and economics, communication, mental coaching.
Objects
FOR THE PUBLIC BENEFIT, TO ADVANCE EDUCATION AND TRAINING AND TO PROMOTE COMMUNITY PARTICIPATION IN HEALTHY RECREATION IN THE SUBJECTS OF EVENTING AND EQUESTRIAN SPORTS IN SUCH WAYS AS ARE CHARITABLE AS THE TRUSTEES THINK FIT, INCLUDING BUT NOT LIMITED TO THE FOLLOWING:-3.1.1 THE PROVISION OF AFFORDABLE OR FREE TRAINING OR GRANTS OR OTHER FINANCIAL ASSISTANCE TO ALL THOSE INVOLVED OR WHO WISH TO PARTICIPATE IN ANY OF THE ACTIVITIES, FOR EXAMPLE TO RIDERS, VOLUNTEERS, COACHES AND OFFICIALS, INCLUDING INSTRUCTION ON RIDER SKILL AND SAFETY, HORSE WELFARE AND SAFETY, SPORTSMANSHIP, FINANCIAL MANAGEMENT AND TEAMWORK;3.1.2 TO PROVIDE YOUNG PEOPLE WITH MORE OPPORTUNITIES FOR IMPROVING THEIR SKILLS WITH THE AIM OF REMOVING BARRIERS AND INCREASING OPPORTUNITIES FOR PEOPLE OF ALL AGES, ABILITIES AND BACKGROUNDS TO PARTICIPATE IN AND ENJOY ANY OF THE ACTIVITIES, IN SUCH WAYS AS THE CHARITY TRUSTEES THINK FIT, INCLUDING THROUGH THE PROVISION OF TRAINING, EDUCATIONAL PROGRAMMES AND AFFORDABLE STABLING; AND3.1.3 TO INCREASE THE PHYSICAL AND PSYCHOLOGICAL HEALTH BENEFITS ASSOCIATED WITH PARTICIPATION IN ANY OF THE ACTIVITIES, IN SUCH WAYS AS THE CHARITABLE TRUSTEES THINK FIT INCLUDING THROUGH THE PROVISION OF ADVICE, ASSISTANCE, TRAINING AND SUPPORT. THIS PROVISION MAY BE AMENDED BY SPECIAL RESOLUTION BUT ONLY WITH THE PRIOR WRITTEN CONSENT OF THE COMMISSION.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £2,745,048, which significantly exceed its stated reserves policy target of holding sufficient funds to continue operating and meet emergencies. The charity reports a net expenditure of £113,931 against total income of £98,747, resulting in a net movement in funds of (15,184), yet the Trustees confirm adequate resources for going concern.
What the accounts disclose
“The purpose of this reserves policy is to ensure that the charity holds sufficient funds to: - Continue operating during periods of reduced income - Meet unexpected costs or emergencies - Deliver its services consistently” — page 6
“During the year no trustees received any remuneration or other benefits for acting as trustees. Two (2024 - one) trustee received £1,800 (2024 - £2,100) for providing training sessions on an arm's length basis.” — page 18
“As set out in note 18, Horses for Wellbeing CIO, a charitable company with shared trustees, were granted a 5 year lease at the under-market rent of a peppercorn annually. The arm's length value of this has been estimated to be £12,000 per annum.” — page 21
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Emma Alexandra Louise Chesworth
- Jane Chablani
- LESLEY WITHERS
- Philip Edwin Surl
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £99k | £114k |
| 31/08/2024 | £213k | £193k |
| 31/08/2023 | £180k | £157k |
| 31/08/2022 | £184k | £205k |
| 31/08/2021 | £128k | £169k |
Common questions
Is Wesko Equestrian Foundation financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £2,745,048, which significantly exceed its stated reserves policy target of holding sufficient funds to continue operating and meet emergencies. The charity reports a net expenditure of £113,931 against total income of £98,747, resulting in a net movement in funds of (15,184), yet the Trustees confirm adequate resources for going concern. Its FY2025 accounts were independently examined.