THE HORSE TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £2.97m, which the trustees describe as approximately twelve months of operating expenditure. The group reported a net loss for the year of £530,689, driven by charitable activities expenditure exceeding incoming resources. Despite the loss, the charity maintains significant investment assets valued at over £11m and holds designated funds for future grants and capital projects.
What the accounts disclose
“one employee received remuneration in the range of £120,000 to £130,000” — page 31
“The General Fund is the operating reserves of the group and is set at approximately twelve months expenditure to ensure the flexibility to meet immediate plans.” — page 9
“At the year end 31 December 2024 there was a balance of £329,343 (2023: £305,018) owed from BARTA and £46,029 (2023: £38,393) was due from the Trading subsidiary to the Charity.” — page 42
“During the year, expenses were paid to four Trustees totalling £ 1,926 (2023: £793) for reimbursed travel and subsistence costs.” — page 42
“At the year end 31 December 2024 there was a balance of £329,343 (2023: £305,018) owed from BARTA and £46,029 (2023: £38,393) was due from the Trading subsidiary to the Charity.” — page 42
“During the year, expenses were paid to four Trustees totalling £ 1,926 (2023: £793) for reimbursed travel and subsistence costs.” — page 42
“The group has two wholly owned subsidiaries, The Horse Trust Trading Company Limited and British Animal Rescue and Trauma Association (BARTA).” — page 6
Year-over-year changes
- Top pay band moved from £110,001 - £120,000 (FY2023) to £120,001 - £130,000 (FY2024).
Corporate structure
- Registered company of the charity Companies House 00347417
- Trading subsidiary: THE HORSE TRUST TRADING COMPANY LIMITED Companies House 08614961
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (19/11/2024)
- Received assets from another charity (19/11/2024)
Trustees
- Prof Josh Slaterchair
- Bronwen Jones
- David Cook
- Juliet Souter
- Michele Jennings
- PROFESSOR PETER CLEGG MRCVS
- Prof Debbie Archer
- Rupert Hugh Maxwell Neal
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.7m | £4.1m |
| 31/12/2023 | £3.2m | £3.9m |
| 31/12/2022 | £2.4m | £3.9m |
| 31/12/2021 | £1.9m | £4.1m |
| 31/12/2020 | £2.1m | £3.3m |
Common questions
Is THE HORSE TRUST financially healthy?
The accounts state that unrestricted reserves stood at £2.97m, which the trustees describe as approximately twelve months of operating expenditure. The group reported a net loss for the year of £530,689, driven by charitable activities expenditure exceeding incoming resources. Despite the loss, the charity maintains significant investment assets valued at over £11m and holds designated funds for future grants and capital projects. Its FY2024 accounts were audited by Saffery LLP.
What does the highest-paid employee of THE HORSE TRUST earn?
Per its FY2024 accounts, the highest-paid employee was in the £120,001 - £130,000 band.
Who funds THE HORSE TRUST?
Funders whose own accounts filings name THE HORSE TRUST as a grant recipient include THE SERTH AND GATES CHARITY, THE ROSE ANIMAL WELFARE TRUST CIO, SIR PETER O'SULLEVAN CHARITABLE TRUST, THE STRATTON NO2 CHARITABLE FUND, M J CAMP CHARITABLE FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE SERTH AND GATES CHARITY | FY2024 | £47k |
| THE SERTH AND GATES CHARITY | FY2023 | £47k |
| THE SERTH AND GATES CHARITY | FY2022 | £47k |
| THE ROSE ANIMAL WELFARE TRUST CIO | FY2022 | £20k |
| SIR PETER O'SULLEVAN CHARITABLE TRUST | FY2023 | £15k |
| THE STRATTON NO2 CHARITABLE FUND | FY2023 | £10k |
| THE ROSE ANIMAL WELFARE TRUST CIO | FY2022 | £10k |
| THE STRATTON NO2 CHARITABLE FUND | FY2024 | £10k |
| M J CAMP CHARITABLE FOUNDATION | FY2023 | £3k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WILLIAM GEOFFREY HARVEY'S DISCRETIONARY SETTLEMENT NO 2 | 2 | £43k |
| MARJORIE COOTE ANIMAL CHARITY TRUST | 2 | £13k |
| MRS D M FRANCE-HAYHURST FOUNDATION | 2 | £10k |
| E B M CHARITABLE TRUST | 1 | £75k |
| THE ROTHERMERE FOUNDATION | 1 | £25k |
| THE RACING FOUNDATION | 1 | £25k |
| KIDS IN KATHMANDU NEPAL | 1 | £20k |
| THE VERA WOLSTENCROFT CHILDREN AND ANIMAL CHARITABLE TRUST | 1 | £16k |