CCEW Charity Commission profile

RACING INDUSTRY ACCIDENT BENEFIT SCHEME

Registered charity 281686 · organisation 281686

01 Identity

Registration and reporting

Registration status
Registered
Reporting status
Submission Received
Charity type
Trust
Registered
9 January 1981
Removed
Not supplied
Financial period
1 April 2024 – 31 March 2025
Latest income
£1,988,296
Latest expenditure
£1,781,655
Gift Aid
No
Owns or uses land
No
In administration
No
Insolvent
No
CIO
No

Public contact address: National Trainers Federation, 9 High Street, Lambourn, HUNGERFORD, RG17 8XL

Website recorded by the regulator: www.racehorsetrainers.org (displayed as text)

02 Activities

What the charity does

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.

03 Official extract

Charity Annual Return History

Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Cycle Reference
AR25
Reporting Due Date
31 January 2026
Date Annual Return Received
27 January 2026
Date Accounts Received
27 January 2026
Total Gross Income
£1,988,296
Total Gross Expenditure
£1,781,655
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Cycle Reference
AR24
Reporting Due Date
31 January 2025
Date Annual Return Received
9 April 2025
Date Accounts Received
9 April 2025
Total Gross Income
£1,866,772
Total Gross Expenditure
£1,670,246
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Cycle Reference
AR23
Reporting Due Date
31 January 2024
Date Annual Return Received
31 January 2024
Date Accounts Received
31 January 2024
Total Gross Income
£1,786,295
Total Gross Expenditure
£1,556,855
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Cycle Reference
AR22
Reporting Due Date
31 January 2023
Date Annual Return Received
30 January 2023
Date Accounts Received
30 January 2023
Total Gross Income
£1,837,949
Total Gross Expenditure
£1,415,338
Fin Period Start Date
1 April 2020
Fin Period End Date
31 March 2021
Ar Cycle Reference
AR21
Reporting Due Date
31 January 2022
Date Annual Return Received
29 January 2022
Date Accounts Received
29 January 2022
Total Gross Income
£1,618,378
Total Gross Expenditure
£1,442,863

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Due Date
31 January 2026
Ar Received Date
27 January 2026
Total Gross Income
£1,988,296
Total Gross Expenditure
£1,781,655
Grant Making Is Main Activity
Yes
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Due Date
31 January 2025
Ar Received Date
9 April 2025
Total Gross Income
£1,866,772
Total Gross Expenditure
£1,670,246
Grant Making Is Main Activity
Yes
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Due Date
31 January 2024
Ar Received Date
31 January 2024
Total Gross Income
£1,786,295
Total Gross Expenditure
£1,556,855
Grant Making Is Main Activity
No
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Due Date
31 January 2023
Ar Received Date
30 January 2023
Total Gross Income
£1,837,949
Total Gross Expenditure
£1,415,338
Charity Raises Funds From Public
No
Grant Making Is Main Activity
No
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
No
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
1 April 2020
Fin Period End Date
31 March 2021
Ar Due Date
31 January 2022
Ar Received Date
29 January 2022
Total Gross Income
£1,618,378
Total Gross Expenditure
£1,442,863
Charity Raises Funds From Public
No
Grant Making Is Main Activity
No
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
No
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Due Date
31 January 2026
Ar Received Date
27 January 2026
Income Donations And Legacies
3000
Income Other Trading Activities
0
Income Charitable Activities
1897741
Income Investments
87555
Income Other
0
Income Total Income And Endowments
1988296
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£6,691
Expenditure Charitable Expenditure
£1,774,873
Expenditure Other
91
Expenditure Total
1781655
Expenditure Investment Management
6691
Expenditure Grants Institution
0
Expenditure Governance
0
Expenditure Support Costs
21117
Expenditure Depreciation
0
Gain Loss Investment
27866
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£2,586,694
Assets Total Fixed
2235140
Assets Own Use
0
Assets Long Term Investment
2235140
Defined Benefit Pension Scheme
0
Assets Other Assets
£446,413
Assets Total Liabilities
£94,859
Assets Current Investment
331989
Assets Total Assets And Liabilities
£2,586,694
Creditors One Year Total Current
94859
Creditors Falling Due After One Year
0
Assets Cash
£114,424
Funds Endowment
0
Funds Unrestricted
0
Funds Restricted
2586694
Funds Total
2586694
Count Employees
0
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Due Date
31 January 2025
Ar Received Date
9 April 2025
Income Donations And Legacies
3000
Income Other Trading Activities
0
Income Charitable Activities
1797456
Income Investments
66316
Income Other
0
Income Total Income And Endowments
1866772
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£5,663
Expenditure Charitable Expenditure
£1,664,523
Expenditure Other
60
Expenditure Total
1670246
Expenditure Investment Management
5663
Expenditure Grants Institution
0
Expenditure Governance
0
Expenditure Support Costs
18178
Expenditure Depreciation
0
Gain Loss Investment
41215
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£2,352,187
Assets Total Fixed
1980539
Assets Own Use
0
Assets Long Term Investment
1980539
Defined Benefit Pension Scheme
0
Assets Other Assets
£431,601
Assets Total Liabilities
£59,953
Assets Current Investment
310579
Assets Total Assets And Liabilities
£2,352,187
Creditors One Year Total Current
59953
Creditors Falling Due After One Year
0
Assets Cash
£121,022
Funds Endowment
0
Funds Unrestricted
2352187
Funds Restricted
0
Funds Total
2352187
Count Employees
0
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Due Date
31 January 2024
Ar Received Date
31 January 2024
Income Donations And Legacies
3000
Income Other Trading Activities
0
Income Charitable Activities
1730487
Income Investments
52808
Income Other
0
Income Total Income And Endowments
1786295
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£5,686
Expenditure Charitable Expenditure
£1,551,086
Expenditure Other
83
Expenditure Total
1556855
Expenditure Investment Management
5686
Expenditure Grants Institution
0
Expenditure Governance
21499
Expenditure Support Costs
7000
Expenditure Depreciation
0
Gain Loss Investment
-64091
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£1,025,823
Assets Total Fixed
1025823
Assets Own Use
0
Assets Long Term Investment
1025823
Defined Benefit Pension Scheme
0
Assets Other Assets
£989,697
Assets Total Liabilities
£113,326
Assets Current Investment
0
Assets Total Assets And Liabilities
£1,902,194
Creditors One Year Total Current
113326
Creditors Falling Due After One Year
0
Assets Cash
£984,819
Funds Endowment
0
Funds Unrestricted
1902194
Funds Restricted
0
Funds Total
1902194
Count Employees
0
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Due Date
31 January 2023
Ar Received Date
30 January 2023
Income Donations And Legacies
3000
Income Other Trading Activities
0
Income Charitable Activities
1808692
Income Investments
26257
Income Other
0
Income Total Income And Endowments
1837949
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£5,709
Expenditure Charitable Expenditure
£1,409,484
Expenditure Other
145
Expenditure Total
1415338
Expenditure Investment Management
5709
Expenditure Grants Institution
0
Expenditure Governance
20532
Expenditure Support Costs
7000
Expenditure Depreciation
0
Gain Loss Investment
80708
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£1,094,234
Assets Total Fixed
1094234
Assets Own Use
0
Assets Long Term Investment
1094234
Defined Benefit Pension Scheme
0
Assets Other Assets
£693,394
Assets Total Liabilities
£50,783
Assets Current Investment
0
Assets Total Assets And Liabilities
£1,736,845
Creditors One Year Total Current
50783
Creditors Falling Due After One Year
0
Assets Cash
£676,384
Funds Endowment
0
Funds Unrestricted
0
Funds Restricted
1736845
Funds Total
1736845
Count Employees
0
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
1 April 2020
Fin Period End Date
31 March 2021
Ar Due Date
31 January 2022
Ar Received Date
29 January 2022
Income Donations And Legacies
3000
Income Other Trading Activities
0
Income Charitable Activities
1595729
Income Investments
19649
Income Other
0
Income Total Income And Endowments
1618378
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£5,309
Expenditure Charitable Expenditure
£1,437,478
Expenditure Other
76
Expenditure Total
1442863
Expenditure Investment Management
5309
Expenditure Grants Institution
0
Expenditure Governance
25399
Expenditure Support Costs
7000
Expenditure Depreciation
0
Gain Loss Investment
116453
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£1,016,696
Assets Total Fixed
1016696
Assets Own Use
0
Assets Long Term Investment
1016696
Defined Benefit Pension Scheme
0
Assets Other Assets
£287,120
Assets Total Liabilities
£70,290
Assets Current Investment
0
Assets Total Assets And Liabilities
£1,233,526
Creditors One Year Total Current
70290
Creditors Falling Due After One Year
0
Assets Cash
£235,733
Funds Endowment
0
Funds Unrestricted
0
Funds Restricted
1233526
Funds Total
1233526
Count Employees
0
Charity Only Accounts
Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type
Region
Geographic Area Description
Throughout England And Wales
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Scotland
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Europe
Welsh Ind
No

07 Official extract

Charity Classification

Classification Code
203
Classification Type
Who
Classification Description
People With Disabilities
Classification Code
301
Classification Type
How
Classification Description
Makes Grants To Individuals
Classification Code
104
Classification Type
What
Classification Description
Disability

08 Official extract

Charity Event History

Charity Name
RACING INDUSTRY ACCIDENT BENEFIT SCHEME
Charity Event Order
1
Event Type
Standard registration
Date Of Event
1981-01-09T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description
TRUST DEED DATED 15TH JULY 1975 AS AMENDED BY SUPPLEMENTAL DEED DATED 1ST JUNE 198
Charitable Objects
TO PROVIDE DISABILITY BENEFITS FOR VARIOUS CLASSES OF EMPLOYEES OF RACEHORSE TRAINERS WHO HAVE SUFFERED FINANCIAL HARDSHIP. (FOR FURTHER DETAILS SEE TRUST DEED).
Area Of Benefit
NOT DEFINED

10 Official extract

Charity Other Names

Charity Name Id
177788
Charity Name Type
Previous name
Charity Name
RACING INDUSTRY DISABLEMENT BENEFIT SCHEME
Charity Name Id
177792
Charity Name Type
Working name
Charity Name
RIABS

11 Official extract

Charity Policy

Policy Name
Complaints handling
Policy Name
Internal charity financial controls policy and procedures
Policy Name
Financial reserves policy and procedures
Policy Name
Investment
Policy Name
Conflicting interests
Policy Name
Serious incident reporting policy and procedures
Policy Name
Trustee conflicts of interest policy and procedures
Policy Name
Complaints policy and procedures
Policy Name
Internal risk management policy and procedures
Policy Name
Risk management
Policy Name
Investing charity funds policy and procedures