THE NEWMARKET CHARITABLE FOUNDATION
NCF is a driver and an enabler, promoting the growth and development of Newmarket through support for the residents and community, business and tourism making it a truly excellent place to live, work and visit. The operational focus is summarised through 3 pillars: Community (Arts, Sports, Culture and relief of hardship) Education Town infrastructure development
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £164,331, with total net assets reaching £220,859. The trustees report that sound financial policies have placed the Foundation in a healthy state despite general economic conditions. The charity maintains a reserves policy of £75,000, representing core costs over a six-month period.
What the accounts disclose
“Donations and legacies 2 253,521 51,000 304,521” — page 11
“A reserve of £75,000 is being maintained which represents core costs over a 6 month period” — page 8
“During the year 2 trustees served on the board of Newmarket Community Foundation CIC. The Newmarket Charitable Foundation donated £25,140 to enable Newmarket Community Foundation CIC in awarding community grants.” — page 21
Trustees
- James Crowhurst
- Kevin Jonathan Hancock
- Laraine Moody
- Nick Patton
- Paul Cullen
- Rachel Flynn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £257k | £222k |
| 31/03/2024 | £135k | £108k |
| 31/03/2023 | £228k | £135k |
| 31/03/2022 | £42k | £13k |
Common questions
Is THE NEWMARKET CHARITABLE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £164,331, with total net assets reaching £220,859. The trustees report that sound financial policies have placed the Foundation in a healthy state despite general economic conditions. The charity maintains a reserves policy of £75,000, representing core costs over a six-month period. Its FY2025 accounts were independently examined.
Who funds THE NEWMARKET CHARITABLE FOUNDATION?
Funders whose own accounts filings name THE NEWMARKET CHARITABLE FOUNDATION as a grant recipient include THE ALBORADA TRUST, THE RACING FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ALBORADA TRUST | FY2022 | £70k | |
| THE RACING FOUNDATION | FY2024 | £35k | People |
| THE ALBORADA TRUST | FY2024 | £28k |