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If you don't wake your horse up, it will just remain where it was when you put it to bed. In fact, even if it's woken up, as long as you don't do anything with it, like put it in the meadow, give a salt stone ot train it, it will come to no harm.
Imagine that your horse is frozen in time. If you had 1,000 horses, you couldn't posssibly look after each and every one of them on a daily basis! So Howrse understands that the horses are just 'on hold' until you decide to do something with them. Which is good news for you!
One final thing - if you don't look after any of our horses, and you have a job - you won't get paid!
Patsy