Stepney Bank Stables Ltd
Analysis
Stepney Bank Stables Ltd is a registered charity in England and Wales, based in Newcastle upon Tyne. It was registered in January 2001, 25 years ago. Its declared purposes cover general charitable purposes, education/training, amateur sport and animals, which this site groups under amateur sport and recreation. Legally it is a charitable company (Companies House number 03910561). It says it provides human resources, provides buildings/facilities/open space and provides services.
In the financial year ending March 2025, Stepney Bank Stables Ltd reported income of £530k and spending of £501k, spending 95% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £402k to £530k (+32%), an average of +7.2% a year. The sharpest change came in the year to March 2022, when income rose by 38%. Over the whole period it spent 96% of the income it received.
Among 12,174 England and Wales charities whose main cause is amateur sport and recreation and that reported income, Stepney Bank Stables Ltd sits at the 97th percentile: it is larger than about 96% of them. Against every charity in England and Wales with reported income it ranks in the 90th percentile. Charities of a similar size with the same main cause include Croquet England (£529k), Southern Holderness Resource Centre (£531k) and Lea Rowing Club Limited (£528k).
In its latest detailed accounts, income came from charitable activities 84% and donations and legacies 15%. Charitable activities took 98% of spending and raising funds 0.7%. Reserves of £95k would cover about 2 months of spending at that rate. It employed 10 people.
Income and spending
Where the income comes from
- Donations 15%
- Charitable activities 84%
- Trading 0.3%
In the charity's own words
STEPNEY BANK STABLES (SBS) IS AN INNER - CITY RIDING SCHOOL AND CHILDREN'S SOCIAL DEVELOPMENT PROJECT LOCATED IN NEWCASTLE. OUR MISSION IS TO ENHANCE THE LIVES OF YOUNG PEOPLE, AGED 8 -18, THROUGH INTERACTIONS WITH HORSES. SBS PROVIDES RIDING, ACTIVITIES AND SPECIFICALLY CHOSEN WORKSHOPS WHICH ENABLE YOUNG PEOPLE TO LEARN AND DEVELOP THE NECESSARY LIFE SKILLS TO BECOME THE VERY BEST THEY CAN BE.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Croquet England | Cheltenham | £529k |
| Southern Holderness Resource Centre | East Yorkshire | £531k |
| Lea Rowing Club Limited | London | £528k |
| Youth Action | Lancashire | £531k |