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home >> charity search >> the racing centre ltd
Finance Score: -5
Governance Score: -3
Support Score: 2
  • Multiple Deficits and declines: -5
  • No PartB
  • Narrow trustee age band: -2
  • Mainly male board: -1
  • Grant maker support: +2
Overall GiG Score: -6 ?

THE RACING CENTRE LTD 

Provision of a club and youth centre and other facilities to benefit persons employed in and about the stables and training establishments in Newmarket Suffolk; in the interests of Social Welfare with the objective of improving the condition of life for such persons being persons who by reason of their poverty or social and economic circumstances have need for such facilities.
Analysis by Giving is Great

Positives:

  • Spending has increased over the last 3 years relative to the previous period
  • A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

  • The Board is predominantly male
  • The Board has little diversity in terms of age

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
  • Income has been volatile and on several occasions in recent years less than spending
miles

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
31/03/23£242£405£-164n/an/an/an/an/a14
31/03/22*£283£362£-79n/an/an/an/an/a0
31/03/21£511£331£180£0£1,349£72626.31624
31/03/20£341£331£10n/an/an/an/an/a0
31/03/19£373£333£40n/an/an/an/an/a0
31/03/18*£153£307£-154£0£0£0n/a00
31/03/17£418£542£-124£0£0£0n/a00
31/03/16£369£300£69£0£0£0n/a00
31/03/15£491£300£192£0£0£0n/a00
31/03/14*£403£257£146£0£0£0n/a00
31/03/13£230£234£-3£0£0£0n/a00
31/03/12£145£205£-60£0£0£0n/a00
31/03/11£127£155£-28£0£0£0n/a00
31/03/10£143£144£0£0£0£0n/a00
31/03/09£158£136£21£0£0£0n/a00
31/03/08£128£125£3£0£0£0n/a00
31/03/07£130£134£-4£0£0£0n/a00
31/03/06£125£141£-16£0£0£0n/a00
Show more rows -->

Download accounts
Highest pay bracket: less than £60,000
Established: 19 years

http://www.theracingcentre.org/

info@theracingcentre.org

01638662828

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Amateur Sport
  • Other Charitable Purposes
GiG Classification
  • Other facilities management and maintenance
How it operates
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Suffolk,
Who it helps
  • The General Public/Mankind
Who works here?
  • Unknown number of employees
  • 14 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months		 To be used for
Suffolk Community Foundation - Detached Youth Worker
£5,000 04/08/2020
11
Towards a detached youth worker to support the young people of Newmarket.
Suffolk Community Foundation - Detached Youth Worker
£10,000 26/05/2020
11
Towards a detached youth worker to support the young people of Newmarket.
Sport England - Gym Equipment
£6,982 07/08/2019
25
Funding under Sport England's Small Grants funding programme for a Revenue project titled Gym Equipment. This project lists its main activity as Exercise & Fitness

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)
Current Trustees appointed
Gender Split

Age Range of Trustees: 50-66
Legal constitution
  • Charitable company registered in England & Wales on 27/01/2005, number: 1107833
  • Registered at Companies House on 11/11/2004, number: 05283686
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • 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
  • 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
Filing Record
18 returns made; AR22: 16 days late, AR18: 121 days late, AR14: 41 days late,
Main office

The Racing Centre
Fred Archer Way
NEWMARKET
CB8 8NT

Objectives

TO ESTABLISH AN ORGANISATION FOR THE BENEFIT OF PERSONS EMPLOYED IN AND ABOUT THE STABLES AND RACING AND TRAINING ESTABLISHMENTS IN NEWMARKET AND ELSEWHERE BY THE PROVISION OF A CLUB AND YOUTH CENTRE AND OTHER FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND A LEISURE TIME OCCUPATION WITH THE OBJECT OF IMPROVING THE CONDITION OF LIFE FOR SUCH PERSONS BEING PERSONS WHO BY REASON OF THEIR POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES HAVE NEED OF SUCH FACILITIES AND SUBJECT THERETO FOR THE USE OF SUCH OTHER RESIDENTS OF THE TOWN OF NEWMARKET WHO FOR LIKE REASONS HAVE NEED OF SUCH FACILITIES.

Defined Area of Benefit:

NEWMARKET AND ELSEWHERE.

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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