Finance Score: -2

Governance Score: 9

Support Score: 3

Liabilities <10%: +3
Poor Liquidity: -1
Good Reserves: +1Multiple Deficits and declines: -5

Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Gov Income
Grant maker support: +3

Overall GiG Score: 10

RETRAINING OF RACE HORSES

to promote the welfare and rehabilitation of racehorses and former racehorses which are unwanted or vunerable to abandonment, abuse, misuse or neglect, or otherwise in need of care and attention, in particular by means of retraining and rehousing

Analysis by Giving is Great

Positives:

The charity has received Government grants
This charity has a robust balance sheet
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial issues to consider:

Liquidity appears to have been slender at the latest year end but unrestricted reserves are available
Income has been volatile and on several occasions in recent years less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/22		£1,025	£1,418	£-393	£105	£7,196	£4,214	35.7	10	0
31/12/21		£1,043	£1,053	£-11	£81	£8,559	£5,055	57.6	7	10
31/12/20		£760	£1,071	£-310	£41	£7,989	£4,599	51.5	7	10
31/12/19	*	£1,450	£1,542	£-92	£55	£8,180	£4,629	36	7	13
31/12/18		£1,428	£1,632	£-203	£30	£7,382	£4,307	31.7	6	13
31/12/17		£1,302	£1,322	£-20	£53	£8,225	£4,788	43.5	6	0
31/12/16		£981	£1,348	£-366	£103	£7,639	£4,386	39	5	0
31/12/15		£888	£1,225	£-337	£106	£7,147	£4,131	40.5	4	0
31/12/14		£713	£985	£-272	£66	£7,388	£4,383	53.4	2	0
31/12/13		£908	£857	£51	£30	£7,483	£4,444	62.2	2	0
31/12/12		£769	£798	£-29	£31	£6,958	£3,972	59.7	2	0
31/12/11		£638	£798	£-160	£26	£6,683	£3,743	56.3	1	0
31/12/10		£729	£789	£-60	£87	£6,923	£3,883	59.1	1	0
31/12/09		£618	£638	£-21	£80	£6,557	£3,734	70.2	1	0
31/12/08	*	£935	£632	£303	£24	£5,968	£3,340	63.5	1	0
31/12/07		£3,544	£545	£2,998	£0	£0	£0	n/a	0	0
31/12/06	*	£432	£541	£-110	£0	£0	£0	n/a	0	0
31/12/05		£426	£443	£-17	£0	£0	£0	n/a	0	0
31/12/04		£492	£560	£-68	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 17.7%
Fundraising Costs/Total Spending: 10.8%
Senior Staff Costs/Total Spending: 8%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 7%
Liabilities/Income: 53%
Unrestricted Funds/Total Funds: 59%
Reserves/Spending: 35.7 months
Net Current Assets/Spending: -3 months
Quick Ratio: 0.2

Asset Split ?

Established: 23 years

ror.org.uk

RoRAdmin@britishhorseracing.com

02071520142

Charity Commission for England and Wales

Tweets

Listed activities

Animals
General Charitable Purposes

GiG Classification

Animal welfare

How it operates

Makes Grants to Organisations
Provides advocacy/advice/information

Where it operates

Scotland, Throughout England And Wales,

Who it helps

Other Charities Or Voluntary Bodies
The General Public/Mankind

Who works here?

10 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

Based on 5/6 persons

Age Range of Trustees: 41-76

KYRSTEN HALLEY Appointed: 2023, Occupation: Marketing Director

CELIA JANE DJIVANOVIC Appointed: 2020, Occupation: Retired

JEREMY RUPERT ARNOLD Appointed: 2023, Occupation: Farmer

VICTORIA JADE MURRELL Appointed: 2023, Occupation: Manager

PHILIP FREEDMAN (Chair) Appointed: 2021, Occupation: Bloodstock Breeder

CHARLES BARNETT Appointed: 2019, Occupation: Consultant, Other trusteeship: MAELOR MISSION AREA,

Legal constitution

Charitable company registered in England & Wales on 30/01/2001, number: 1084787
Registered at Companies House on 09/10/2000, number: 04089376

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

19 returns made; AR19: 13 days late, AR08: 10 days late, AR06: 12 days late,

Main office

Retraining of Racehorses
7th Floor
Holborn Gate
26 Southampton Buildings
London
WC2A 1AN

Objectives

TO PROMOTE THE WELFARE AND REHABILITATION OF RACEHORSES AND FORMER RACEHORSES WHICH ARE UNWANTED OR VULNERABLE TO ABANDONMENT, ABUSE, MISUSE OR NEGLECT, OR OTHERWISE IN NEED OF CARE AND ATTENTION, IN PARTICULAR (BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING) BY MEANS OF RETRAINING AND REHOUSING.

Defined Area of Benefit:

NOT DEFINED

Data Sources