National Horseracing College Limited

Registered charity 700405 · accounts filings on the Charity Commission register · also known as NORTHERN RACING COLLEGE, SOUTH YORKSHIRE TRAINING TRUST

The objects of the charity are to advance education, particularly among young persons, and to relieve the need of unemployed persons by the provision of vocational and academic training connected with the horse racing, equestrian, agricultural, horticultural and their allied areas. The charity has two specific mission statements in its Corporate Plan.

Objects

1) TO ADVANCE EDUCATION, PARTICULARLY AMONG YOUNG PERSONS2) TO RELIEVE THE NEED OF UNEMPLOYED PERSONS PARTICULARLY YOUNG PERSONS (SEE MEMORANDUM OF ASSOCIATION FOR DETAILS)

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the charity generated an operating surplus of £317,120 for the year ended 31 July 2025, with total unrestricted reserves of £3,162,268. However, the trustees note that the charity has been unable to comply with its own reserves policy to hold free reserves of between 1 and 2 months of operational expenditure. The charity is reliant on increases in industry and other funding to meet its obligations but has sufficient cash flow forecasts to continue for the foreseeable future.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by SMH Group Audit. Discloses 6 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Estyn: Her Majesty's Inspectorate For Education And Training In Wales; Ofsted (Office For Standards In Education). This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Bullying and harassment policy and procedures
• Complaints handling
• Complaints policy and procedures
• Conflicting interests
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Investing charity funds policy and procedures
• Investment
• Paying staff
• Risk management
• Safeguarding policy and procedures
• Safeguarding vulnerable beneficiaries
• Serious incident reporting policy and procedures
• Social media policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures
• Volunteer management

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

• Registered company of the charity Companies House 02266267
• Trading subsidiary: NHC TRADING LIMITED Companies House 03538751 · Financial health read from its filings

Public fundraising profile: JustGiving — National Horseracing College (matched by registered charity number).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

• RACHMANN, William Pieter — director, appointed 04/03/2026on trustee list
• DAVIES, Philip Andrew, Sir — director, appointed 04/03/2026on trustee list
• CARR, David — director, appointed 25/09/2024on trustee list
• STEPHENSON, Francis Alexander — director, appointed 08/06/2022on trustee list
• HELLIWELL, Callum — director, appointed 08/12/2021on trustee list
• MCCARTHY, Helen, Dr — director, appointed 02/06/2021not on trustee list
• IGGULDEN, Sally — director, appointed 06/12/2017on trustee list
• GILL, Susannah Cordelia — director, appointed 05/03/2015on trustee list
• ENNIS, Jeffrey — director, appointed 17/01/2008not on trustee list
• HETHERTON, James — director, appointed 15/12/2005on trustee list

Official officers record.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/07/2025)

Reported reserves equal ~10.6 months of spending — above the median for charities its size (median 4.7 months; benchmarks).

Per its annual return, largest income source: Charitable activities (96% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 6.0% of total income — above the median for charities its size (5.3%) (benchmarks).

Trustees · trustee networks

• Sir Philip Davieschair
• Callum Helliwell
• David Carr
• Dr Helen Elizabeth McCarthy PhD FHEA
• Francis Stephenson
• JAMES HETHERTON
• JEFF ENNIS
• Sally Iggulden
• Susannah C Gill
• William Pieter Rachmann

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

Operates in: Doncaster

Income and spending

Common questions

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).

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 THE NATIONAL HORSERACING MUSEUM.

• THE NATIONAL HORSERACING MUSEUM income £883k
• RETRAINING OF RACE HORSES income £2.5m
• NEW BEGINNINGS HORSES income £414k
• RACING WELFARE income £5.5m
• ASSOCIATION OF BRITISH RIDING SCHOOLS income £153k
• RACEHORSE TRAINERS BENEVOLENT FUND income £71k

Side by side with its peers

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.