jhoward
Demon exorcist...
Whilst
Whilst advertising a 4 day riding holiday for over £2.5k.Now asking for hay money. . .
Whilst advertising a 4 day riding holiday for over £2.5k.Now asking for hay money. . .
When people stop donating and you have to spend your own money?I saw this this morning, I'm sorry and it's sad but at what point do you just not have a viable business.
I saw this this morning, I'm sorry and it's sad but at what point do you just not have a viable business.
I'm thinking they're just con artists.
Agreed.They have got to find a way rather than relying on people's soppy hearts. Or maybe become a charity and start getting money for protecting endangered species![]()
A local riding school is booming and just doubled its facilities and horses, they cannot keep up with demand for pony parties, lessons, livery and beach rides, own a pony days etc. The difference is they keep it affordable.
Yes, there's a dealer who "rescued" an underweight mare with foal from an auction who had a beg on line up and running within 24 hours. These unfortunate 2 were doing the rounds of auctions and bin end dealers having been previously at the same place as Ossy. That's just a recent one. I've also seen several outfits calling themselves charities, who actually are not, doing this but I'd have to trawl back further through fb to remind myself who they are.Does any other equestrian business do this (ie, asking for 'donations' to horses' upkeep)?
Calvert trust asked and got a huge amount for their horses. I think they claimed they needed over 200k for 20horses for a year if I remember right. And only a few months later they managed to fundraise another 20-30k for feed.I was thinking about this...we all know that keeping horses, especially the larger ones, can be incredibly expensive.
But this is a business, charging relatively high prices for rides - not to mention selling some horses, which would certainly generate income.
Does any other equestrian business do this (ie, asking for 'donations' to horses' upkeep)?
Personally I've never come across any others.
Obviously charities do ask for support and have every right to, but they are charities, not businesses.
I had a look into it and it seems to be allowed - or at least not explicitly disallowed. I must admit donating to fund someone's business seems very naive; it really is funding someone's lifestyle, the whole point of a business is it funds itself whereas an actual charity should be gathering funds to apply to a purpose.I wonder what HMRC makes of non-charity business getting income from donations?
It's ridiculous.Now asking for hay money. . .
That would be rightWhilst
Whilst advertising a 4 day riding holiday for over £2.5k.
100%I'm loving the suggestion from someone to do a £5k per year sponsorship for a horse. . . I'd be paying for my own
I'm thinking they're just con artists.
with that thanks.
If they are using donations for the business, wouldn't that count as income and be subject to tax somewhere along the line? I'd have thought you would need to declare it as something either way.I had a look into it and it seems to be allowed - or at least not explicitly disallowed. I must admit donating to fund someone's business seems very naive; it really is funding someone's lifestyle, the whole point of a business is it funds itself whereas an actual charity should be gathering funds to apply to a purpose.
But most of what I found was talking in the sense of starting a business, so donations with Kickstarter or whatever, rather than keeping an existing one afloat. So may be incorrect.
They seem to have failed to do basic market research into what people are willing to pay for riding holidays/experiences, or at least ballsed up basic calculations on running costs vs income to be profitable, to have to fundraise this regularly. I must confess to having very little sympathy: everyone is struggling with the cost of hay right now, everyone finds high vets bills hard, not everyone still goes out and buys more animals then expects the public to pay for them.
I'm not sure why not just take out a business loan, unless they tried and got turned down. What do you do if the public isn't taken in by your sob story?
Honestly I'm not sure, but I'd think so, just because it's money coming into the business after all?! Just not sure how would be the proper way to declare it. There's accountants on here who might know but I can't remember any usernamesIf they are using donations for the business, wouldn't that count as income and be subject to tax somewhere along the line? I'd have thought you would need to declare it as something either way.
It does look like a handy way to give your money a quick wash if it's not declarable.Honestly I'm not sure, but I'd think so, just because it's money coming into the business after all?! Just not sure how would be the proper way to declare it. There's accountants on here who might know but I can't remember any usernames
This muddying of the water between business and 'charitable' enterprise is confusing but then I am easily confused![]()