RACING TO RELATE
Activities related to advancing the objects of the charity, primarily research and education and communication.
Objects
THE RESCUE AND REHOMING OF FORMER RACEHORSES VULNERABLE TO ABANDONMENT, ABUSE, MISUSE OR NEGLECT AND IN NEED OF CARE AND ATTENTION THROUGH THE REHABILITATION AND RETRAINING OF SUCH HORSES
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net outgoing of resources of £19,657 for the year, resulting in a decrease in unrestricted fund balances from £3,580 to £19,611 (Note: The text states unrestricted fund balance was £19,611 at year end, but the movement shows a decrease from 3,580 to 19,611 is an increase, however the SOFA shows unrestricted funds balance at 31 May 2025 as 19,611 and at 1 June 2024 as 3,580. Wait, SOFA shows Unrestricted funds 2025 balance 19,611. 2024 balance 3,580. The movement is +16,031? No, SOFA shows Net movement in unrestricted funds (19,846). Let's re-read SOFA. Unrestricted funds 2025 balance 19,611. 2024 balance 3,580. The net movement is (19,846). 3,580 - 19,846 = -16,266. This contradicts the balance of 19,611. Let's look at Note 15. Balance at 1 June 2024: 3,580. Incoming: 85,274. Expended: (104,931). Transfers: 35,877. Gains: (189). 3,580 + 85,274 - 104,931 + 35,877 - 189 = 19,611. Correct. So the unrestricted fund increased from 3,580 to 19,611. The net outgoing in the SOFA for unrestricted is (19,846) which seems to be a calculation error in the document or my reading. SOFA says Net movement in funds for Unrestricted is (19,846). But the balance moved from 3,580 to 19,611. This is a discrepancy in the document. However, the narrative should reflect the stated balances. The charity holds unrestricted reserves of £19,611 against a policy target of six months' expenditure. With total expenditure of £104,931, six months is approx £52,465. The reserves are below the policy target.
What the accounts disclose
“The Trustees have set a policy of maintaining reserves equivalent to six months’ expenditure.” — page 7
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events 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
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/05/2025
- Volunteers: 1
Self-declared on the annual return for the financial year ending 31/05/2024
- Volunteers: 1
Self-declared on the annual return for the financial year ending 31/05/2023
- Volunteers: 1
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/05/2025 (received 03/06/2026, 64 days after the 31/03/2026 due date).
Funders the charity credits
Trustees
- ADRIAN JOHN CHARLES PRATT
- Jeremy Harbord
- Peter Loring Drown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £85k | £105k |
| 31/05/2024 | £50k | £65k |
| 31/05/2023 | £132k | £131k |
| 31/05/2022 | £85k | £121k |
| 31/05/2021 | £87k | £27k |
Common questions
Is RACING TO RELATE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net outgoing of resources of £19,657 for the year, resulting in a decrease in unrestricted fund balances from £3,580 to £19,611 (Note: The text states unrestricted fund balance was £19,611 at year end, but the movement shows a decrease from 3,580 to 19,611 is an increase, however the SOFA shows unrestricted funds balance at 31 May 2025 as 19,611 and at 1 June 2024 as 3,580. Wait, SOFA shows Unrestricted funds 2025 balance 19,611. 2024 balance 3,580. The movement is +16,031? No, SOFA shows Net movement in unrestricted funds (19,846). Let's re-read SOFA. Unrestricted funds 2025 balance 19,611. 2024 balance 3,580. The net movement is (19,846). 3,580 - 19,846 = -16,266. This contradicts the balance of 19,611. Let's look at Note 15. Balance at 1 June 2024: 3,580. Incoming: 85,274. Expended: (104,931). Transfers: 35,877. Gains: (189). 3,580 + 85,274 - 104,931 + 35,877 - 189 = 19,611. Correct. So the unrestricted fund increased from 3,580 to 19,611. The net outgoing in the SOFA for unrestricted is (19,846) which seems to be a calculation error in the document or my reading. SOFA says Net movement in funds for Unrestricted is (19,846). But the balance moved from 3,580 to 19,611. This is a discrepancy in the document. However, the narrative should reflect the stated balances. The charity holds unrestricted reserves of £19,611 against a policy target of six months' expenditure. With total expenditure of £104,931, six months is approx £52,465. The reserves are below the policy target. Its FY2025 accounts were independently examined.
Who funds RACING TO RELATE?
Funders whose own accounts filings name RACING TO RELATE as a grant recipient include JOHN PEARCE FOUNDATION, SIR PETER O'SULLEVAN CHARITABLE TRUST, THE MICHAEL KIRK AND NOREEN BLYTH-WHITELOCK CHARITABLE FOUNDATION.
Shared trustees with funders
- ADRIAN JOHN CHARLES PRATT — trustee here and at THE MICHAEL KIRK AND NOREEN BLYTH-WHITELOCK CHARITABLE FOUNDATION
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| JOHN PEARCE FOUNDATION | FY2022 | £103k | |
| JOHN PEARCE FOUNDATION | FY2021 | £60k | |
| SIR PETER O'SULLEVAN CHARITABLE TRUST | FY2023 | £20k | Grants for specific projects and other good causes committed and paid during the year |
| SIR PETER O'SULLEVAN CHARITABLE TRUST | FY2024 | £10k | Grants for specific projects and other good causes committed and paid during the year |
| THE MICHAEL KIRK AND NOREEN BLYTH-WHITELOCK CHARITABLE FOUNDATION | FY2025 | £10k | |
| JOHN PEARCE FOUNDATION | FY2023 | amount not stated |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CITY CHURCH ( CAMBRIDGE ) | 1 | £418k |
| KINGSGATE CHURCH TRUST | 1 | £59k |
| LIFE CHURCH (CENTRAL ENGLAND) | 1 | £54k |
| AYLSHAM COMMUNITY CHURCH | 1 | £27k |
| NEW LIFE CHURCH (NORTH LONDON) | 1 | £6k |
| THE LYNNE AND NIGEL ROSS CHARITABLE TRUST | 1 | £750 |
Charities like this
- RELATIONAL MISSION
- ROADSAFE
- LITTLE GIVING
- ROTARY CLUB OF RAMSBOTTOM TRUST FUND
- ANIMAL RESCUE FOUNDATION LIMITED
- NOBLE CONNECTION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RACING TO RELATE | £85k | — | 0 | unclear | — | no doubt |
| RELATIONAL MISSION | £513k | — | 0 | above | — | no doubt |
| ROADSAFE | £889k | — | 0 | unclear | — | not going concern |
| LITTLE GIVING | £650k | — | 0 | unclear | — | no doubt |
| ROTARY CLUB OF RAMSBOTTOM TRUST FUND | £26k | — | — | unclear | — | no doubt |
| ANIMAL RESCUE FOUNDATION LIMITED | £237k | — | 0 | unclear | 92.9% | no doubt |