Finance Score: 6
Governance Score: 0
Support Score: 0
  • Liabilities <10%: +3
  • Fundraising costs low: +3
  • Static board: -3
  • Gender balanced board: +3
  • No supporters identified
Overall GiG Score: 6 ?

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:

  • This charity has a robust balance sheet
  • 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 Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£1,786£1,557£229£0£1,902£1,90214.700
31/03/22£1,838£1,415£423£0£1,737£0n/a00
31/03/21£1,618£1,443£176£0£1,234£0n/a00
31/03/20£1,655£1,547£108£0£942£0n/a00
31/03/19£1,406£1,530£-124£0£921£9217.200
31/03/18£1,269£1,358£-88£3£1,018£1,018900
31/03/17*£1,258£1,275£-17£3£1,141£1,14110.700
31/03/16*£1,246£1,139£107£0£1,057£1,05711.100
31/03/15£1,297£1,223£74£33£967£9679.500
31/03/14£1,296£1,138£157£17£849£849900
31/03/13£1,222£1,281£-59£16£669£6696.300
31/03/12£1,036£1,251£-215£15£669£6696.400
31/03/11£1,049£1,076£-28£13£902£90210.100
31/03/10*£977£1,084£-107£8£926£92610.300
31/03/09*£999£1,129£-130£1£981£98110.400
31/03/08*£988£1,034£-46£4£1,169£1,16913.600
31/03/07*£858£913£-56£6£1,255£1,25516.500
31/03/06£846£777£68n/an/an/an/an/an/a
31/03/05£792£562£230n/an/an/an/an/an/a
31/03/04*£724£441£283n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 0.3%
Fundraising Costs/Total Spending: 0.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 6%
Liabilities/Income: 6%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 14.7 months
Net Current Assets/Spending: 7 months
Quick Ratio: 8.7
Asset Split ?
Balance Sheet History
Established: 44 years

www.racehorsetrainers.org

j.crook@racehorsetrainers.org

07899797010

Charity Commission for England and Wales
UN SDGs
?
Listed activities
  • Disability
GiG Classification
  • Provides financial or material assistance
How it operates
  • Makes grants to individuals
Where it operates
  • Scotland, Throughout England And Wales,
Who it helps
  • People With Disabilities

Who supports 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
  • GEORGE MCGRATH Appointed: 2013
  • JONATHAN LANCELOT EDDIS (Chair) Appointed: 2013
  • LADY SUSANNAH O'BRIEN Appointed: 2019
  • SERENA GEAKE Appointed: 2013
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
  • 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
  • Risk management
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Filing Record
20 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

Charity Commission for England and Wales

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great