Friday, December 27, 2024

Bransby Horses starts redundancy talks after predicting £2.5m deficit

Horse rescue charity Bransby Horses has started a 30-consultation period in which 17 roles at all levels are at threat of redundancy.

CEO Jo Snell said: “Like many other charities, we’ve seen our running costs rise exponentially in recent years due to various external factors including soaring food and energy prices and increasing rates of pay in the employment market. As a result, the cost of delivering our equine welfare and estates work across our two sites, Bransby and Barlings, has risen by over 50% since 2018.

“Despite the incredible generosity of our supporters, we’ve unfortunately seen the gap between our expenditure and our income widening in recent years, to the point where we are currently forecasting an unsustainable £2.5m deficit this year.”

She said the organisation had begun to address this mismatch several years ago be introducing several measures aimed at lowering costs. ” However, while these measures delivered £450,000 in savings over an 18-month period, it became clear that more action was needed to address the ever-widening gap. Consequently, we launched a comprehensive review of our operations in November 2023.

“As a result, we’ve sadly identified 17 roles at all levels within the organisation, including our senior leadership, equine welfare and support service teams, that are at risk of potential redundancy.”

She said the organisation was devastated that rising costs had led to this position, and was committed to doing everything it could to support everyone affected through this difficult process.

She added: “While the new operating model will significantly reduce the £2.5m deficit, it will not eliminate it. As a second phase of this project, we’re reviewing all charity assets and facilities with our new structure in mind to identify any further cost reduction or income generation opportunities. This stage of the process is already under way, and we anticipate it will be completed by the end of this year.”

The award-winning Visitor Centre in Bransby will remain open as usual (five days per week, including the Café, from Wednesday through to Sunday), providing the opportunity to learn about equine welfare and meet some of the hundreds of horses, donkeys, ponies and mules currently homed at the site.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £27.55 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.

Advertisment












Latest posts

Transformation of Rosegarth Square to begin in January

The redevelopment of Rosegarth Square is set to take its first steps in January 2025, marking the start of a project to transform this...

Leisure centre to get solar panels in £350,000 initiative

Yarborough Leisure Centre management company Active Nation is working in partnership with the City of Lincoln Council to invest £350,000 in a solar panel...

College’s Pink Ribbon Fundraising Campaign smashes through £100,000

Lincoln College’s fundraising efforts, dubbed ‘The Pink Ribbon Campaign’ has now surpassed £100,000 after 18 years of raising money. Set up in 2012 after 6...

LIVES volunteers respond to 2,578 medical incidents in 2024

LIVES, the Lincolnshire-based emergency response charity, is celebrating an impactful 2024, during which its volunteers and training programs made a significant difference in local...

Government pledges more than £100m for UK hospices

A £100m investment, said to be the biggest a generation, is to be made in the UK's 200-plus hospices. The funding will help hospices this...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close