THE WORLD SPEEDWAY RIDERS ASSOCIATION
The charity's objectives are to establish a Speedway Museum (completed in 2007) and to maintain/operate it for general public benefit. The Charity took a breather during 2009 but has started on new projects in 2010
Objects
* TO ESTABLISH AND MAINTAIN A SPEEDWAY MUSEUM FOR THE BENEFIT OF THE PUBLIC* THE RELIEF OF FINANCIAL HARDSHIP AMONG PEOPLE WORKING OR SUPPORTING THE SPORT OF SPEEDWAY (IN UK) BY PROVIDING PERSONS WITH GOODS OR SERVICES WHICH THEY COULD NOT OTHERWISE AFFORD THROUGH LACK OF MEANS
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating deficit of £9,130 for the year ended December 31, 2025, primarily due to urgent museum heating replacement costs. Despite this deficit, the trustees report that unrestricted net assets stand at £120,890, which they maintain is equivalent to a minimum of six months of expenditure. The trustees attribute the financial pressure to rising postage and printing costs, which have necessitated a membership fee increase from January 1, 2026.
What the accounts disclose
“We still maintain cash reserves equivalent to a minimum of six months expenditure.”
Policies the charity declares
- Complaints handling
- Conflicting interests
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Volunteers: 12
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 16
- Trustee benefits, answered Yes to: any trustee benefit; other trustee benefit
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 10
- Grant-making is its main activity
Trustees
- Adrian Robson
- Graham Alan Roderick Brodie
- Graham Stuart Darling
- Lynn Kathleen Whitnall
- Michael Alexander Richard Hooker
- Peter Oakes
- Peter Schroeck
- Philip Ranson
- ROBERT PEARSON HARKINS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £54k | £63k |
| 31/12/2024 | £44k | £47k |
| 31/12/2023 | £28k | £31k |
| 31/12/2022 | £54k | £30k |
| 31/12/2021 | £25k | £23k |
Common questions
Is THE WORLD SPEEDWAY RIDERS ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an operating deficit of £9,130 for the year ended December 31, 2025, primarily due to urgent museum heating replacement costs. Despite this deficit, the trustees report that unrestricted net assets stand at £120,890, which they maintain is equivalent to a minimum of six months of expenditure. The trustees attribute the financial pressure to rising postage and printing costs, which have necessitated a membership fee increase from January 1, 2026. Its FY2025 accounts were audited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| UNITED PURPOSE | 1 | £59k |
| H C D MEMORIAL FUND | 1 | £40k |
| THE GIBBS CHARITABLE TRUSTS | 1 | £6k |
| R G HILLS CHARITABLE TRUST | 1 | £4k |
| THE OAKDALE TRUST | 1 | £3k |
Charities like this
- THE SPEEDWAY RIDERS' BENEVOLENT FUND
- THE LEAMINGTON & WARWICK MODEL RAILWAY SOCIETY
- WEST HERTS CHARITY TRUST LIMITED
- WINTER SPORTS FOUNDATION
- SOUTH RIDGEWAY COMMUNITY ASSOCIATION
- WARLEY MODEL RAILWAY CLUB
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE WORLD SPEEDWAY RIDERS ASSOCIATION | £54k | — | 0 | above | — | no doubt |
| THE SPEEDWAY RIDERS' BENEVOLENT FUND | £179k | — | — | above | — | no doubt |
| THE LEAMINGTON & WARWICK MODEL RAILWAY SOCIETY | £27k | — | 0 | below | — | no doubt |
| WEST HERTS CHARITY TRUST LIMITED | £272k | — | 0 | above | — | no doubt |
| WINTER SPORTS FOUNDATION | £1.5m | — | 0 | below | — | material uncertainty |
| SOUTH RIDGEWAY COMMUNITY ASSOCIATION | £73k | — | 0 | unclear | — | no doubt |