THE HORSE TRUST

Charity number: 231748
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Horse Trust exists to enhance and improve the quality of life of equines in the UK. In achieving these objectives The Trust undertakes three main strategic aims: Sanctuary - to provide sanctuary and respite care at The Home of Rest for Horses Scientific Research - to fund non-invasive research. Knowledge and Skills - to devise and deliver a broad spectrum of training courses.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£3,150,968

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Donations and legacies £2.57m
Charitable activities £67.58k
Other trading activities £29.92k
Investments £357.17k
Other £125.00k

Total expenditure:
£3,906,231

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Raising funds £415.16k
Charitable activities £3.49m
Other £0

£528,795 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £415.16k
Charitable expenditure £3.49m

People

48 Employee(s)

11 Trustee(s)

9 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 3
£110k to £120k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Animals
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Organisations
  • Provides Services
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 29 June 1964: Standard registration
  • 19 November 2024: Funds received from 297576 THE SUSSEX HORSE RESCUE TRUST
  • 19 November 2024: Funds received from 297576 THE SUSSEX HORSE RESCUE TRUST
Organisation type:
Charitable company
Other names:
  • THE HOME OF REST FOR HORSES (Previous name)
Company number:
00347417 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • 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
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

11 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
David Cook Chair 21 July 2016
None on record
Michele Jennings Trustee 26 June 2024
None on record
Juliet Souter Trustee 26 June 2024
None on record
Bronwen Jones Trustee 28 June 2023
None on record
Prof Debbie Archer Trustee 28 June 2023
None on record
Prof Josh Slater Trustee 28 June 2023
None on record
Laura McGillycuddy Trustee 19 June 2019
None on record
Caroline Roddis Trustee 21 November 2018
None on record
PROFESSOR PETER CLEGG MRCVS Trustee 21 June 2017
None on record
Rupert Hugh Maxwell Neal Trustee 21 June 2017
None on record
The LORD Rupert Charles DE MAULEY TD Trustee 22 June 2016
WAR MEMORIALS TRUST
Received: On time

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £2.59m £2.11m £1.90m £2.37m £3.15m
Total expenditure £3.27m £3.33m £4.12m £3.91m £3.91m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £25.00k N/A N/A N/A
Income - Donations and legacies £1.82m £1.56m £1.35m £1.81m £2.57m
Income - Other trading activities £0 £0 £0 £0 £29.92k
Income - Charitable activities £22.50k £26.02k £49.91k £80.66k £67.58k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £626.05k £474.63k £398.23k £352.61k £357.17k
Income - Other £113.60k £49.11k £102.96k £132.17k £125.00k
Income - Legacies £1.24m £1.10m £1.10m £1.23m £1.75m
Expenditure - Charitable activities £2.83m £3.09m £3.73m £3.52m £3.49m
Expenditure - Raising funds £440.99k £239.30k £383.33k £396.20k £415.16k
Expenditure - Governance £55.24k £43.66k £53.66k £92.14k £95.14k
Expenditure - Grants institution £417.04k £368.70k £418.23k £482.04k £454.21k
Expenditure - Investment management £92.27k £85.43k £82.67k £69.78k £60.66k
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £7.56m £7.79m £8.63m £8.63m £8.94m
Long-term investments £17.96m £17.33m £15.32m £11.78m £11.30m
Other assets £1.36m £1.52m £1.56m £2.14m £2.19m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £238.16k £228.82k £152.30k £150.92k £250.52k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 30 September 2024 On Time
Accounts and TAR 31 December 2023 30 September 2024 On Time Download Open in new window
Annual return 31 December 2022 05 October 2023 On Time
Accounts and TAR 31 December 2022 05 October 2023 On Time Download Open in new window
Annual return 31 December 2021 12 January 2023 73 days late
Accounts and TAR 31 December 2021 12 January 2023 73 days late Download Open in new window
Annual return 31 December 2020 22 December 2021 52 days late
Accounts and TAR 31 December 2020 22 December 2021 52 days late Download Open in new window
Annual return 31 December 2019 23 December 2020 53 days late
Accounts and TAR 31 December 2019 31 December 2020 61 days late Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 16/12/1938 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 26/01/1978 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 15/07/1999 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 02/07/2000 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 03/10/2001 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 13/04/2006 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 13/06/2013 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 20 SEP 2017

Charitable objects

4.1)FOR THE BENEFIT OF THE PUBLIC TO RELIEVE THE SUFFERING AND/OR IMPROVE THE HEALTH AND WELFARE OF HORSES IN NEED OF CARE AND ATTENTION AND, IN PARTICULAR, TO PROVIDE AND MAINTAIN THE HOME OF REST TO OFFER SANCTUARY, WHETHER ON TEMPORARY OR RESPITE BASIS OR PERMANENTLY, IN PARTICULAR (BUT WITHOUT LIMITATION) FOR: (SEE ARTICLES OF ASSOCIATION FOR DETAILS) 4.2) TO EDUCATE THE PUBLIC IN MATTERS PERTAINING TO HORSE CARE AND WELFARE IN GENERAL AND THE PREVENTION OF CRUELTY AND SUFFERING AND/OR IMPROVEMENT OF HEALTH AND WELFARE AMONG HORSES BY MEANS INCLUDING: (SEE ARTICLES OF ASSOCIATION FOR DETAILS) 4.3) FOR THE BENEFIT OF THE PUBLIC TO RELIEVE THE SUFFERING AND/OR IMPROVE THE HEALTH AND WELFARE OF HORSES AND TO ADVANCE THE EDUCATION OF THE PUBLIC (AND PARTICULARLY OR PROFESSIONALS IN RELEVANT DISCIPLINES) ON THE SCIENCE AND VETERINARY CARE OF AND/OR RELEVANT TO HORSES BY PROMOTION AND FUNDING (BY WAY OF RESEARCH AND GRANT FUNDING, ENDOWMENT OR SPONSORSHIP IN WHATEVER FORM) OF ALL FORMS OF WHAT THE TRUSTEES FROM TIME TO TIME CONSIDER TO BE ETHICAL, NON-INVASIVE RESEARCH INTO OR RELATING TO THOSE SUBJECTS AND PARTICIPATING IN THE PUBLICATION OF THE USEFUL RESULTS.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED - PRINCIPALLY LONDON AND HOME COUNTIES

Contact information

Address:
Speen Farm
Slad Lane
Speen
Princes Risborough
HP27 0PP
Phone:
01494488960
Email:
info@horsetrust.org.uk
Website:

www.horsetrust.org.uk Open in new window