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THE WORLD SPEEDWAY RIDERS ASSOCIATION

Registered charity 1114501 · accounts filings on the Charity Commission register · also known as SPEEDWAY MUSEUM, THE SPEEDWAY MUSEUM 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

Causes: The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · Environment/conservation/heritage · website · Get email alerts

Latest income
£54k
Latest spending
£63k
Registered
2006
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: six months expenditure (held: £121k)
“We still maintain cash reserves equivalent to a minimum of six months expenditure.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited. Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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.