THE INJURED JOCKEYS FUND

Charity number: 1107395
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Our prime purpose is to provide help, financial and otherwise, to those jockeys past or present who are injured, unable to ride or generally in need. These beneficiaries, their families and dependants receive pastoral care from the IJF almoners as well as financial assistance.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£7,820,437

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Donations and legacies £5.72m
Charitable activities £193.23k
Other trading activities £852.29k
Investments £1.05m
Other £0

Total expenditure:
£6,195,086

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Raising funds £1.07m
Charitable activities £5.13m
Other £0

£2,590,246 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 £1.07m
Charitable expenditure £5.13m
Retained for future use £1.63m

People

47 Employee(s)

13 Trustee(s)

67 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1
£70k to £80k 1
£140k to £150k 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:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • The Prevention Or Relief Of Poverty
  • Accommodation/housing
  • Amateur Sport
Who the charity helps:
  • Elderly/old People
  • People With Disabilities
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Individuals
  • Provides Other Finance
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 21 December 2004: Standard registration
  • 21 March 2019: Funds received from 1147536 THE PAUL BUSH FOUNDATION TRUST
  • 05 January 2021: Funds received from 262891 THE INJURED JOCKEYS FUND
Organisation type:
Charitable company
Other names:

No other names

Company number:
05298320 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
  • Financial Conduct Authority
Policies:
  • 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
  • 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 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

13 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
WILLIAM NORRIS KC Chair
None on record
Thomas Geoffrey Scudamore Trustee 25 April 2023
None on record
Pollyanna Walker Trustee 24 January 2023
None on record
Camilla Trotter Trustee 25 April 2022
None on record
Nicholas John Rust Trustee 27 April 2021
None on record
Juliet Madeleine Redfern Trustee 27 April 2021
WIGMORE LAWN TENNIS CLUB
Received: On time
Suzanne Vivienne Durcan Trustee 27 February 2020
None on record
Dominic James Burke Trustee 15 December 2019
None on record
Chloe Fairley Trustee 01 January 2019
None on record
Edward Chamberlin Trustee 01 January 2019
None on record
George Edward Norton Baker Trustee 01 January 2019
None on record
Andrew Thornton Trustee 09 February 2016
None on record
MICHAEL FOY Trustee 29 June 2015
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £4.98m £5.74m £5.01m £6.20m £7.82m
Total expenditure £4.92m £4.74m £4.98m £5.60m £6.20m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £122.72k £1.11k N/A N/A
Income - Donations and legacies £2.91m £3.64m £3.29m £4.26m £5.72m
Income - Other trading activities £817.74k £1.13m £923.28k £875.28k £852.29k
Income - Charitable activities £177.19k £99.50k £152.49k £178.50k £193.23k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £1.08m £868.66k £645.39k £887.40k £1.05m
Income - Other £0 £0 £0 £0 £0
Income - Legacies £1.38m £1.40m £1.71m £2.68m £2.85m
Expenditure - Charitable activities £3.93m £3.61m £3.89m £4.60m £5.13m
Expenditure - Raising funds £989.31k £1.13m £1.09m £1.00m £1.07m
Expenditure - Governance £23.91k £23.54k £26.70k £32.00k £35.24k
Expenditure - Grants institution £2.12k £0 £82.00k £82.00k £0
Expenditure - Investment management £146.10k £134.94k £157.46k £157.95k £161.05k
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 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £20.45m £19.97m £19.51m £19.22m £18.70m
Long-term investments £28.28m £32.42m £35.41m £34.44m £37.86m
Other assets £1.44m £2.91m £3.16m £3.82m £5.30m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £253.08k £213.03k £334.75k £398.47k £398.29k

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 March 2024 20 December 2024 On Time
Accounts and TAR 31 March 2024 20 December 2024 On Time Download Open in new window
Annual return 31 March 2023 26 January 2024 On Time
Accounts and TAR 31 March 2023 26 January 2024 On Time Download Open in new window
Annual return 31 March 2022 06 December 2022 On Time
Accounts and TAR 31 March 2022 06 December 2022 On Time Download Open in new window
Annual return 31 March 2021 22 December 2021 On Time
Accounts and TAR 31 March 2021 22 December 2021 On Time Download Open in new window
Annual return 31 March 2020 11 February 2021 11 days late
Accounts and TAR 31 March 2020 11 February 2021 11 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 OF ASSOCIATION INCORPORATED 26 NOVEMBER 2004 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 05/03/2015

Charitable objects

3.1.1 THE RELIEF OF FINANCIAL HARDSHIP AMONG: A) INJURED JOCKEYS; AND B) ANY OTHER PERSONS FALLING WITHIN ANY OF THE SPECIFIED CLASSES IN SUCH MANNER AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION THINK FIT, PROVIDED ALWAYS THAT THE TRUSTEES SHALL REGARD PERSONS FALLING WITHIN PARAGRAPH (A) ABOVE AS BEING THEIR PRIMARY CONCERN; 3.1.2 SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION THINK FIT WITH PARTICULAR REGARD TO THE NEEDS OF JOCKEYS AND OTHER PERSONS FALLING WITHIN ANY OF THE SPECIFIED CLASSES 3.2 THE SPECIFIED CLASSES ARE: 3.2.1 ANY PERSON WHO HAS EVER BEEN INJURED AT A TIME WHEN HE OR SHE WAS A) A LICENSED JOCKEY; OR B) RIDING IN A RACE, AND 3.2.2 ANY SPOUSE (INCLUDING THE WIDOW OR WIDOWER, WHETHER OR NOT RE-MARRIED), PARTNER, CHILD, DEPENDANT MEMBER OF THE FAMILY INCLUDING PARENTS-IN-LAW, OR OTHER DEPENDANT, OF A PERSON FALLING WITHIN CLAUSE 3.2.1 ABOVE.

Area of benefit

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

NATIONAL

Contact information

Address:
Injured Jockeys Fund
Peter O'Sullevan House
7a Newmarket Road
NEWMARKET
CB8 7NU
Phone:
01638662246
Email:
info@ijf.org.uk
Website:

www.ijf.org.uk Open in new window