Finance Score: -4

Governance Score: 0

Support Score: 0

Low unrestricted reserves: -2
Accounts overdue -5
Fundraising costs low: +3

Static board: -3
Gender balanced board: +3

No supporters identified

Overall GiG Score: -4

RACING INDUSTRY ACCIDENT BENEFIT SCHEME

The principal objective of the charity is to provide disablement benefits for the members (various classes of employees of racehorse trainers as stated in the Scheme Rules) who have suffered financial hardship following accidental injury, disablement or death arising from, and in the course of, employment and to provide a capital lump sum in the event of serious injury or death.

Analysis by Giving is Great

Positives:

There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

The Board composition appears to be rather static

Financial issues to consider:

Unrestricted reserves appear to be dangerously low at the latest year end
Latest accounts are overdue for filing

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
31/03/22		£1,838	£1,415	£423	£0	£1,737	£0	n/a
31/03/21		£1,618	£1,443	£176	£0	£1,234	£0	n/a
31/03/20		£1,655	£1,547	£108	£0	£942	£0	n/a
31/03/19		£1,406	£1,530	£-124	£0	£921	£921	7.2
31/03/18		£1,269	£1,358	£-88	£3	£1,018	£1,018	9
31/03/17	*	£1,258	£1,275	£-17	£3	£1,141	£1,141	10.7
31/03/16	*	£1,246	£1,139	£107	£0	£1,057	£1,057	11.1
31/03/15		£1,297	£1,223	£74	£33	£967	£967	9.5
31/03/14		£1,296	£1,138	£157	£17	£849	£849	9
31/03/13		£1,222	£1,281	£-59	£16	£669	£669	6.3
31/03/12		£1,036	£1,251	£-215	£15	£669	£669	6.4
31/03/11		£1,049	£1,076	£-28	£13	£902	£902	10.1
31/03/10	*	£977	£1,084	£-107	£8	£926	£926	10.3
31/03/09	*	£999	£1,129	£-130	£1	£981	£981	10.4
31/03/08	*	£988	£1,034	£-46	£4	£1,169	£1,169	13.6
31/03/07	*	£858	£913	£-56	£6	£1,255	£1,255	16.5
31/03/06		£846	£777	£68	£0	£0	£0	n/a
31/03/05		£792	£562	£230	£0	£0	£0	n/a
31/03/04	*	£724	£441	£283	£0	£0	£0	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 0.3%
Fundraising Costs/Total Spending: 0.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 3%
Liabilities/Income: 3%
Unrestricted Funds/Total Funds: 0%
Reserves/Spending: 0 months
Net Current Assets/Spending: 5 months
Quick Ratio: 13.3

Asset Split ?

Established: 43 years

www.racehorsetrainers.org

j.crook@racehorsetrainers.org

07899797010

Charity Commission for England and Wales

Listed activities

Disability

GiG Classification

Poverty relief

How it operates

Makes Grants to Individuals

Where it operates

Scotland, Throughout England And Wales,

Who it helps

People With Disabilities

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

DR ANDREW PAUL FORSYTHE SIMPSON Appointed: 2019

LADY SUSANNAH O'BRIEN Appointed: 2019

GEORGE MCGRATH Appointed: 2013, Other trusteeship: THE RACING CENTRE LTD,

JONATHAN LANCELOT EDDIS (Chair) Appointed: 2013, Other trusteeship: RACING WELFARE,

SERENA GEAKE Appointed: 2013, Other trusteeship: MARIA MATHEWS' SCHOOL ENDOWMENT,

Legal constitution

Charity registered in England & Wales on 09/01/1981, number: 281686

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Risk management

Filing Record

19 returns made; AR17: 1 days late, AR16: 28 days late, AR10: 62 days late, AR09: 503 days late, AR08: 117 days late, AR07: 21 days late, AR04: 1 days late,

Main office

National Trainers Federation
9 High Street
Lambourn
HUNGERFORD
RG17 8XL

Objectives

TO PROVIDE DISABILITY BENEFITS FOR VARIOUS CLASSES OF EMPLOYEES OF RACEHORSE TRAINERS WHO HAVE SUFFERED FINANCIAL HARDSHIP. (FOR FURTHER DETAILS SEE TRUST DEED).

Defined Area of Benefit:

NOT DEFINED

Data Sources