THE HIPPODROME CHARITABLE TRUST
Latest income
£244k
Latest spending
£204k
Registered
2023
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity generated a positive financial outcome with net income of £40,491 for the year ended 31 December 2024. Per the trustees' report, unrestricted reserves stood at £39,877, while the trustees believe minimal reserves are currently required due to ongoing support from Hippodrome Casino Limited.
What the accounts disclose
Reserves policy: minimal reserves are required at this moment in time (held: £40k)
“The trustees believe that minimal reserves are required at this moment in time; however, as activities increase in the coming years, a reserves policy will be implemented.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Hippodrome Casino Limited provided donations of resources (meeting rooms), donated services (finance staff time), and financial donations. Note 2 details donated facilities at £47,752 and donated services at £4,100. Note 9 confirms these are related party transactions.
“Hippodrome Casino Limited is a connected party as previously disclosed in this report and provided donated facilities and services as scheduled in note 2 as well as providing back office support.”
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- JAMES SIMON THOMASchair
- PHILIP GRAHAM SHEPHARD
- Ralph Ian Keast
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £244k | £204k |
| 31/12/2023 | £334k | £144k |
Common questions
Is THE HIPPODROME CHARITABLE TRUST financially healthy?
The accounts state that the charity generated a positive financial outcome with net income of £40,491 for the year ended 31 December 2024. Per the trustees' report, unrestricted reserves stood at £39,877, while the trustees believe minimal reserves are currently required due to ongoing support from Hippodrome Casino Limited. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE IAN ASKEW CHARITABLE TRUST | 1 | £1k |