The Racehorse Rehoming Centre Charity No: 1111160
Classet House Pole Rue Combe St Nicholas Chard Somerset TA20 3LZ
Trustees Annual Report For year ended 31[st] December 2022
The Racehorse Rehoming Centre
TRUSTEES ANNUAL REPORT Registration number 1111160
The trustees present their report and accounts for the year ended 31[st] December 2022
Charity Name: The Racehorse Rehoming Centre Charity Number: 1111160 Registered Office: Classet House Pole Rue Combe St Nicholas Chard Somerset TA20 3lZ Principal Address: Racehorse Rehoming Centre Pole Rue Combe St Nicholas Chard TA20 3LZ Patrons: Mr. Clive Cox Mr. Pat Murphy Trustees: Mr. Clive Westlake Mrs. Tracey Carter Mr. Alan Carter Bankers: Co-Operative Bank PO Box 101, 1 Balloon Street, Manchester M60 4EP Charity Solicitors: Margaret Nash. Dip Lp. NP GrantSmith Law Practice. Thainstone Business Centre, Inverurie AB51 5TB
THE RACEHORSE REHOMING CENTRE
TRUSTEES ANNUAL REPORT CHARITY NUMBER 1111160
STRUCTURE, GOVERNANCE AND MANAGEMENT
Incorporation
The Racehorse Rehoming Centre received charitable status on 3[rd] September 2005 (registered charity number 1111160).
Constitution
Constitution adopted on the 27[th] may 2005 as amended 14[th] august 2005.
Trustees
The Trustees as listed on page 1
The charity is governed by a board of Trustees, the majority of whom are non-executive and are responsible for creating and monitoring key policies and strategy.
Objectives and activities
Charity Objectives are:-
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a) To promote humane behavior towards animals, in particular thoroughbred former racehorses.
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b) Provide appropriate care, protection, treatment and security for animals which are in need of care and attention by reason of sickness, maltreatment, poor circumstances or ill usage.
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c) To educate the public in matters pertaining to the welfare of former racehorses and the prevention of cruelty and suffering among such animals.
AIMS
The aim of the charity is to offer former ex-racehorses a safe and secure environment whether for reasons of injury or neglect, either from the general public, other recognized welfare organisations or the racing industry.
When the horse has successfully completed the rehabilitation process the charity looks to find permanent loan homes for those horses deemed suitable to cope with an alternative career.
Future homes are inspected and require references from professional bodies within the equine industry. Horses remain the property of the charity and are never sold.
For those horses not deemed suitable for another career either for reasons of old age or injury, then the charity reserves the right to offer permanent residency to such horses.
ACHIEVEMENTS AND PERFORMANCE
The Centre has made vast improvements in the last few years to the property, with the completion of the second stage barn extension in March 2016 giving a better environment for horses and volunteers.
These completions lead to the connection of electricity to the barn and the fitting of 24 hour CCTV cameras and monitoring alarms.
Works have been carried out on the parking area which offer better access for larger vehicles and more parking spaces for visiting schools/organisations and visitors.
The new building now houses 11 boxes, wash room, tack room, feed preparation area and visitor’s room with kitchen facilities.
Rehoming of suitable equines is proving harder year on year, the equine welfare crisis is hitting the charity with less people willing to take on horses that have past injuries.
FINANCIAL REVIEW
The charity benefited from a legacy in 2022 which enabled the charity to purchase a much needed tractor to maintain the valuable grazing to a high standard.
We continue to rent the land from CG Westlake for the peppercorn rent of £1 per year and are pleased that this arrangement on license will continue for the foreseeable future.
PLANS FOR THE FUTURE
The charity has a number of equines in their care that are unsuitable for the rehoming plan. To this end they will be permanent residents within the charity sanctuary until the end of their days. The charity will continue to work with other equine welfare organizations and give priority to urgent welfare cases from these authorities.
The charity also offers help and a data base of horses looking for rehoming and persons looking for a particular companion.
TRUSTEES RESPONSIBILITIES.
The trustees are responsible for ensuring
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a) Compliance with the Charity Commissions governing document.
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b) Ensure accounting records with reasonable accuracy at any time the financial position of the charity.
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c) Select, manage and support the chief executive, staff and volunteer personnel.
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d) Promote the organisation.
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This report has been prepared in accordance with the Statement of Recommended practice – Accounting and Reporting by Charities.
Racehorse Rehoming Centre REGISTERED CHARITY 1111160 General Income & Expenditure Account For The Year Ended 31st December 2022
| PAGE 1 Income Donation Direct Debit Legacy Fundraising Gift Aid Interest Expenses Feed Vet Farrier Salaries Bank Charges Utilities Fundraising Office Land services Equipment Building materials Fuel Total surplus of Income over expenditure |
2022 | 2021 |
|---|---|---|
| £ 7492.69 3867.23 35000 500 6390.62 145.18 53395.72 2022 |
£ | |
| 2011.34 | ||
| 2727.56 | ||
| 1000.00 | ||
| 330.75 | ||
| 4500.41 | ||
| 14.10 | ||
| 10584.16 | ||
| 2021 | ||
| 7218.53 2651.03 845.00 4400.00 141.00 680.00 0 349.48 493.02 15689.08 81.91 134.16 32683.65 20712.07 |
||
| 5604 | ||
| 1537.53 | ||
| 420.00 | ||
| 3900.00 | ||
| 96.00 | ||
| 0 | ||
| 0 | ||
| 12.95 | ||
| 6974.48 | ||
| 55.50 | ||
| 203.83 | ||
| 57.02 | ||
| 18862.01 | ||
| -8277.85 | ||
Racehorse Rehoming Centre
CURRENT ASSETS at 31st December 2022 Balance Sheet as at 31st December 2022
PAGE 2
| PAGE 2 | ||
|---|---|---|
| Cash at Bank HSBC Current CAF Cash account CO-OP 1 account CO-OP 2 account |
2022 | 2021 |
| £ 242.75 337.50 4353.00 117657.80 122591.05 |
£ | |
| 37.89 | ||
| 82.45 | ||
| 2747.93 | ||
| 99012.62 | ||
| £101880.89 |
These Financial Accounts have been approved on behalf of the General Committee by:
| These Financial Committee by: |
Accounts have be |
|---|---|
| Chairman | C Westlake |
| Secretary | T Westlake |
| Date | 25.10.23 |