The Trust is a Charitable Company limited by guarantee (charity registration number 1111771)
Wavertree Charitable Trust
... to raise further funds in support of their charitable objectives...
The Trust is a Charitable Company limited by guarantee (charity registration number 1111771). The Trust operates under Memorandum and Articles of Association approved on 14th October 2008. The Constitution provides for no less than five and no more than eight Trustees, and the nature of the Charity is grant-making; The Trustees meet twice a year for the purpose. The Charity has no directly employed staff.
Key People
Richard Fuller
Chairman
Brian Chandler
Trustee
William Sporborg
Trustee
Nick Wingfield Digby
Trustee
Fiona Dowding
Trustee
Tabbi Smith
Training Director
Lynn Clarke
Company Secretary of the WCT
The Charity has no directly employed staff.
Charitable Objectives
The primary objects of the charity, as stated in its governing document, are:
(i) to advance the education and training of persons especially the young to prepare them for trades and occupations in the equine industry and, in particular the breeding of horses, and thereby advance them in life;
(ii) to advance education through the provision of public access to the educational facilities offered by NSL (or such other organisation providing similar education facilities) including but not limited to a Visitors Education Centre where the public can learn about horse husbandry and, in particular, the breeding of horses and to promote through education, humanity and morality among the public in the care and consideration of horses;
(iii) to promote and encourage research into the breeding, use and management of thoroughbred and non-thoroughbred horses and facilitate the acquisition and distribution of such knowledge; and
(iv) such other charitable objectives beneficial to the community consistent with and complimentary to the objects above as the Trustees shall in their absolute discretion determine.
Current & Recent Focus
The Trust was initially endowed (as a consequence of the sale of the National Stud from the public to the private sector and through the medium of a very generous anonymous donation) with funds which are earmarked for use on the education and training activity at NSL. Annual revenue grants have therefore been approved by the Trustees to support the Education and Training programmes run by NSL, which would otherwise operate at a deficit and prospectively not at all. Programmes (in terms of their outputs, their fitness for purpose and their value for money) are monitored in part by a Training and Review Group which is representative of the Thoroughbred Breeding Industry, and which looks in particular at Industry need, relevance of courses, and placement of students at the completion of the courses. The Trustees are seeking financial funding in sustaining revenue support through the medium of bursaries for individual students.
Additionally, the Trustees have made available capital monies for new Lecture Theatre facilities at the National Stud (the Joan Westbrook Lecture Theatre), secured principally through the application of the generous donation referred to earlier, and further supported by the generosity of the Niarchos Foundation. The trustees have also supported the refurbishment/renewal of the accommodation block at the Stud, with additional donations from the Childwick Trustees and the original anonymous donor.
Finally, the Trustees are seeking to raise further funds in support of their charitable objectives and in this regard are the beneficiaries of substantial contributions from the Moller Trust, for which the Trustees are very grateful.
Here Are Our
Latest Reports
Stud Staff Training for the Breeding Industry 2015 Review
The National Stud is a subsidiary company of the Jockey Club, who acquired the Stud from the state in April 2008...
Wavertree Charitable Trust accounts to 31st December 2015
Click to open the Wavertree Charitable Trust accounts to 31st December 2015 report.
WCT Fundraising Document 2016
As the only UK provider of full time stud work courses based on a commercial stud farm, training is a role that the Board and staff at the National Stud take seriously...p>
Address
Wavertree Charitable Trust
c/o National Stud Limited
Newmarket, Suffolk
CB8 0XE
Contact Us
The contact point for is:
Company Secretary
Lynn Clarke