Understand
Sale of Suffolk Punch Trust farm described as very sad by horse breeders
Overview
Horse breeders have expressed deep sadness and concern as the Suffolk Punch Trust's 120-acre farm and visitor centre near Woodbridge have been put on the market for £2.4m. The charity, dedicated to protecting the critically endangered Suffolk Punch heavy horse breed, previously closed its visitor facilities due to high costs and reported a net loss of £90,561 for 2024. The Charity Commission stated it is aware of financial concerns surrounding the trust, while efforts are reportedly being made to find permanent homes for the remaining horses.
Key points
- The Suffolk Punch Trust's 120-acre farm and visitor centre have been put on the market for £2.4m.
- The charity previously closed its visitor centre, cafe and shop in February due to high costs.
- Public accounts for the year ending 2024 showed a net loss of £90,561 and falling donations.
- The Charity Commission confirmed it is assessing information regarding financial concerns at the trust.
- Breeders and farmers have expressed sadness and shock over the potential closure, noting the difficulty in placing the remaining horses, particularly stallions.