THE RACING CENTRE LTD

Charity number: 1107833
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

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.

Income and expenditure

Data for financial year ending 31 March 2024

Total income: £240,996
Total expenditure: £312,311

Total income includes £901 from 2 government contract(s) and £10,340 from 2 government grant(s)

People

6 Trustee(s)

8 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

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:
  • Amateur Sport
  • Other Charitable Purposes
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Suffolk

Governance

Registration history:
  • 27 January 2005: Standard registration
Organisation type:
Charitable company
Other names:
  • THE RACING CENTRE (Working name)
  • THE NEW ASTLEY CLUB (Previous name)
Company number:
05283686 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity 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
  • 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

6 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
James Fanshawe Trustee 13 September 2024
None on record
Amanda Prior Trustee 16 October 2023
None on record
James Anthony John Beazley Trustee 28 March 2023
None on record
Rev Simon Bailey Trustee 22 October 2014
None on record
GEORGE MCGRATH Trustee 22 January 2014
RACING INDUSTRY ACCIDENT BENEFIT SCHEME
Received: 68 days late
HONOURABLE PETER HUGH CHARLES STANLEY Trustee
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 £341.24k £510.71k £283.03k £241.86k £241.00k
Total expenditure £331.03k £330.91k £362.39k £405.38k £312.31k
Income from government contracts N/A N/A £360 N/A £901
Income from government grants £5.00k £81.13k £38.94k £9.40k £10.34k
Income - Donations and legacies N/A £421.04k N/A N/A N/A
Income - Other trading activities N/A £0 N/A N/A N/A
Income - Charitable activities N/A £36.14k N/A N/A N/A
Income - Endowments N/A £0 N/A N/A N/A
Income - Investment N/A £12.26k N/A N/A N/A
Income - Other N/A £41.27k N/A N/A N/A
Income - Legacies N/A £0 N/A N/A N/A
Expenditure - Charitable activities N/A £330.91k N/A N/A N/A
Expenditure - Raising funds N/A £0 N/A N/A N/A
Expenditure - Governance N/A £28.14k N/A N/A N/A
Expenditure - Grants institution N/A £0 N/A N/A N/A
Expenditure - Investment management N/A £0 N/A N/A N/A
Expenditure - Other N/A £0 N/A N/A N/A

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 14 November 2024 On Time
Accounts and TAR 31 March 2024 14 November 2024 On Time Download Open in new window
Annual return 31 March 2023 31 January 2024 On Time
Accounts and TAR 31 March 2023 31 January 2024 On Time Download Open in new window
Annual return 31 March 2022 16 February 2023 16 days late
Accounts and TAR 31 March 2022 16 February 2023 16 days late Download Open in new window
Annual return 31 March 2021 30 January 2022 On Time
Accounts and TAR 31 March 2021 30 January 2022 On Time Download Open in new window
Annual return 31 March 2020 31 January 2021 On Time
Accounts and TAR 31 March 2020 31 January 2021 On Time 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 11 NOVEMBER 2004. AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 19 MAY 2014

Charitable objects

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.

Area of benefit

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

NEWMARKET AND ELSEWHERE.

Contact information

Address:
The Racing Centre
Fred Archer Way
NEWMARKET
CB8 8NT
Phone:
01638662828
Email:
info@theracingcentre.org
Website:

http://www.theracingcentre.org/ Open in new window