Finance Score: 4

Governance Score: 6

Support Score: 4

Poor Liquidity: -1
Strong growth: +2
Fundraising costs low: +3

Dynamic board: +3
Gender balanced board: +3

Grant maker support: +4

Overall GiG Score: 14

THE ARMED FORCES EQUINE CHARITY

The Armed Forces Equine Charity delivers: physical and mental equine therapy for those that most need it; facilitates the participation and performance in a range of equine sport; supports equine recreation by making it accessible and affordable. The beneficiaries are: the Serving and their families, the Veterans, the Bereaved and the Local Community around where the Armed Forces are based.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
There has been strong growth in spending since inception
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Financial issues to consider:

Liquidity appears to have been slender at the latest year end

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
31/12/22	£1,079	£1,106	£-28	£1	£141	£84	0.9	23	20
31/12/21	£244	£277	£-34	n/a	n/a	n/a	n/a	n/a	10
31/12/20	£268	£216	£52	n/a	n/a	n/a	n/a	n/a	10
31/12/19	£384	£200	£184	n/a	n/a	n/a	n/a	n/a	20

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Financial Ratios

Fundraising Costs/Relevant Income: 0.5%
Fundraising Costs/Total Spending: 0.1%
Highest pay band: Less than £60,000
Liabilities/Assets: 48%
Liabilities/Income: 12%
Unrestricted Funds/Total Funds: 60%
Reserves/Spending: 0.9 months
Net Current Assets/Spending: 0 months
Quick Ratio: 1.1

Asset Split ?

Established: 5 years

www.armedforcesequine.com

info@armedforcesequine.com

01980632732

Charity Commission for England and Wales

Tweets

Listed activities

Amateur Sport
Armed Forces/Emergency Service Efficiency
Disability
Education/Training
Recreation
The Advancement Of Health Or Saving Of Lives

GiG Classification

Sports activities

How it operates

Acts as an umbrella or resource body
Makes Grants to Individuals
Makes Grants to Organisations
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services
Sponsors or undertakes research

Where it operates

Northern Ireland, Scotland, Throughout England And Wales,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
Other Defined Groups
People With Disabilities
The General Public/Mankind

Who supports 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.

Major supporters in last 5 years

Ministry of Defence	£37,000
Sport England	£9,600
Wiltshire Community Foundation	£9,250

Specific Donations

Amount	When Months	To be used for
Ministry of Defence - Covenant Fund
£17,500	12/11/2021	To increase capacity in services and initiatives that offer supportive comradeship, engagement and wellbeing efforts for those in the Armed Forces community impacted by events in Afghanistan, and the ....more To increase capacity in services and initiatives that offer supportive comradeship, engagement and wellbeing efforts for those in the Armed Forces community impacted by events in Afghanistan, and the wider veterans community.
Ministry of Defence - Covenant Fund
£9,500	15/10/2021	For local projects that reduce isolation and promote integration
Wiltshire Community Foundation - Horses healing minds
£9,250	21/04/2021 13	Towards the costs of the equine therapy programme for people with complex mental health issues
Ministry of Defence - Covenant Fund
£10,000	14/08/2020	Small grants of up to £10,000 towards creative and engaging projects, that can be delivered under social restrictions, for people from Armed Forces communities who are isolated as a result of the ....more Small grants of up to £10,000 towards creative and engaging projects, that can be delivered under social restrictions, for people from Armed Forces communities who are isolated as a result of the Covid-19 pandemic.
Sport England - COVID-19 CEF
£9,600	09/06/2020 4	Funding under Sport England's COVID-19 Community Emergency Fund funding programme for a Revenue project titled COVID-19 CEF. This project lists its main activity as Equestrian

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

Age Range of Trustees:

AIR MSHL RETD DAME SUSAN GRAY DBE CB Appointed: 2021

ANDREW RICHARD LORD Appointed: 2021

CAPTAIN RETD ALLAN WILSON Appointed: 2020, Occupation: Royal Navy Officer

CHARLES EDWARD WHITTINGTON MR Appointed: 2021

FRANCES ELIZABETH CASTLE Appointed: 2019, Occupation: Army Officer

MAJ GEN RETD ROBERT HARRY TALBOT RICE CBE (Chair) Appointed: 2020

Legal constitution

Charitable company registered in England & Wales on 20/08/2019, number: 1184971
Registered at Companies House on 25/02/2019, number: 11843722

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

4 returns made; all on time

Main office

The Armed Forces Equine Charity
Cromwell House
Hubert Hamilton Road
Bulford Camp
Wilts
SP4 9JY

Objectives

3 OBJECTSTHE OBJECTS FOR WHICH THE CHARITY IS ESTABLISHED (THE OBJECTS) ARE RESTRICTED TO:3.1 PROMOTION OF THE EFFICIENCY OF THE ARMED FORCES BY PROVIDING SPORT AND RECREATIONAL FACILITIES FOR SERVING AND FORMER SERVING MEMBERS AND THEIR DEPENDANTS IN ORDER TO INCREASE THE PHYSICAL FITNESS OF SERVING MEMBERS, BETTER PREPARE THEM FOR ACTIVE SERVICE AND THE PERFORMANCE OF THEIR DUTIES, PROMOTE ESPRIT DE CORPS, RAISE MORALE AND FOSTER CLOSE RELATIONSHIPS; AND3.2 SUBJECT THERETO, THE ENCOURAGEMENT OF PARTICIPATION IN AMATEUR SPORT AND RECREATION BY ALL MEMBERS OF THE COMMUNITY, INCLUDING CHILDREN AND YOUNG PEOPLE, THE ELDERLY AND THE DISABLED.

Data Sources