HORSE Sport Ireland’s (HSI) newly filed accounts for 2023 show a modest profit of €11,469, compared to a loss of €100,351 in the previous year.

After two years of losses, HSI CEO Denis Duggan said he expects the national governing body to “move more firmly into surplus for 2024 following an improvement in the organisation’s finances this year,” adding the 2023 accounts have been “helped by tight control on costs during the year”. HSI draws its income from a combination of commercial activities and grant aid, reinvesting any profits back into the horse sport industry.