THE SUFFOLK HORSE SOCIETY

Registered charity 220756 · accounts filings on the Charity Commission register

Latest income
£523k
Latest spending
£208k
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity's financial position improved considerably in 2024, with net assets increasing by £386,154 largely due to the receipt of three legacies totaling £323,479. Per the trustees' report, without these legacies the charity would have shown a deficit on day-to-day income and expenses, indicating a reliance on such windfalls to maintain solvency. The trustees confirm that resources are adequate to continue as a going concern with no material uncertainties.

What the accounts disclose

Reserves policy: one year’s running costs (held: £1.5m)
The Society’s reserves policy is to maintain current financial reserves in excess of one year’s running costs of the Society. — page 3
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Mr A Hawes received £3,500 for accounting services.
Mr A Hawes has received fees of £3,500 for accounting services during the year. — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee remuneration for services
Mr A Hawes has received fees of £3,500 for accounting services during the year. — page 14
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Public fundraising profile: JustGiving — Suffolk Horse Society (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£523k
Total spending
£208k
Cost of raising funds
£46k
Reserves (reported)
£1.8m
Employees
2

Reported reserves equal ~103.8 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£523k£208k
31/12/2023£188k£188k
31/12/2022£372k£225k
31/12/2021£278k£169k
31/12/2020£221k£167k

Common questions

Is THE SUFFOLK HORSE SOCIETY financially healthy?

The accounts state that the charity's financial position improved considerably in 2024, with net assets increasing by £386,154 largely due to the receipt of three legacies totaling £323,479. Per the trustees' report, without these legacies the charity would have shown a deficit on day-to-day income and expenses, indicating a reliance on such windfalls to maintain solvency. The trustees confirm that resources are adequate to continue as a going concern with no material uncertainties. Its FY2024 accounts were independently examined.

Who funds THE SUFFOLK HORSE SOCIETY?

Funders whose own accounts filings name THE SUFFOLK HORSE SOCIETY as a grant recipient include THE HDH WILLS 1965 CHARITABLE TRUST, THE THOMPSON FAMILY CHARITABLE TRUST, THE ALBORADA TRUST, The Trevor Hemmings Foundation, FELIX THORNLEY COBBOLD AGRICULTURAL TRUST.

Shared trustees with funders

Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

Known funders

Grants to this charity found in funders’ own accounts filings.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund11/02/2015£86k"Tracing the future: exploring the heritage of the Suffolk Punch"
The National Lottery Heritage Fund18/10/2012£10k"Working Horses, Working Lives: sharing our stories of the Suffolk Punch"

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with SUFFOLK NATURALISTS' SOCIETY.