Question 1

What is the mission of National Horseracing College Limited?

Accepted Answer

The objects of the charity are to advance education, particularly among young persons, and to relieve the need of unemployed persons by the provision of vocational and academic training connected with the horse racing, equestrian, agricultural, horticultural and their allied areas. The charity has two specific mission statements in its Corporate Plan.

Question 2

What is the financial size of National Horseracing College Limited?

Accepted Answer

National Horseracing College Limited is classified as a large charity. In the latest financial year, they reported a total income of £3,897,501 and total expenditure of £3,580,381.

Question 3

How does National Horseracing College Limited allocate its spending?

Accepted Answer

For every pound spent, approximately 93.3% goes directly to charitable activities. The remaining 6.7% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.8%).

Question 4

What is the workforce structure of National Horseracing College Limited?

Accepted Answer

National Horseracing College Limited employs 66 staff members and is supported by 1 volunteers.

Question 5

Does National Horseracing College Limited receive government funding?

Accepted Answer

Yes. Approximately 90.6% of their income comes from government grants or contracts.

Question 6

Does National Horseracing College Limited pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

National Horseracing College Limited

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