THE ARMED FORCES EQUINE CHARITY
Financial health, per its FY2022 accounts
The accounts state that the charity reported a net deficit of £27,560 for the year ended 31 December 2022, resulting in a decrease in total reserves. The trustees note that free reserves stood at a negative £99,600, which is below the stated policy target of three months of operating expenditure. Despite this deficit, the auditors confirmed that the financial statements give a true and fair view and there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“This has left a level of free reserves as of 31 December 2022 at (£99,600) which is below the target level of free reserves set.”
“It has two trading subsidiaries that are wholly owned by the charity. These are Tedworth Park Riding Limited and Tedworth Park Polo Limited.” — page 6
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (15/07/2024)
Trustees
- Maj Gen Retd Robert Harry Talbot Rice CBEchair
- Captain Retd Allan Wilson
- Frances Elizabeth Castle
- Piers Fletcher
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.6m | £1.5m |
| 31/03/2024 | £1.7m | £1.9m |
| 31/12/2022 | £1.1m | £1.1m |
| 31/12/2021 | £244k | £277k |
| 31/12/2020 | £268k | £216k |
Common questions
Is THE ARMED FORCES EQUINE CHARITY financially healthy?
The accounts state that the charity reported a net deficit of £27,560 for the year ended 31 December 2022, resulting in a decrease in total reserves. The trustees note that free reserves stood at a negative £99,600, which is below the stated policy target of three months of operating expenditure. Despite this deficit, the auditors confirmed that the financial statements give a true and fair view and there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2022 accounts were audited by Ward Goodman Audit Services Limited.
Who funds THE ARMED FORCES EQUINE CHARITY?
Funders whose own accounts filings name THE ARMED FORCES EQUINE CHARITY as a grant recipient include THE ARMY CENTRAL FUND, Army Benevolent Fund, DUMBRECK CHARITY, CHELTENHAM ROUND TABLE CHARITABLE TRUST FUND, LORD BARNBY'S FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE ARMY CENTRAL FUND | FY2023 | £40k |
| Army Benevolent Fund | FY2026 | £13k |
| Army Benevolent Fund | FY2026 | £5k |
| Army Benevolent Fund | FY2026 | £5k |
| DUMBRECK CHARITY | FY2025 | £3k |
| CHELTENHAM ROUND TABLE CHARITABLE TRUST FUND | FY2023 | £2k |
| LORD BARNBY'S FOUNDATION | FY2025 | £500 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CBRE UK CHARITABLE TRUST | 1 | £250 |