SPEED OF SIGHT LTD
SPEED OF SIGHT is an organisation committed to the promotion of opportunity for all. We believe that people who are able to take part in a sporting or physical activity find that it helps with their self esteem, social interaction and physical and mental well being. With this in mind we have come together to provide a new experience for people with disabilities, in the form of motor sport.
Objects
TO PROMOTE THE PHYSICAL AND MENTAL HEALTH OF PEOPLE WITH DISABILITIES WHETHER ACQUIRED AT BIRTH, IN CHILD HOOD, OR IN ADULT LIFE, WHO WOULD OTHERWISE BE EXCLUDED BY ENABLING THEM TO ENJOY THE PLEASURES AND BENEFITS OF TAKING PART IN MOTOR SPORT TRACK EVENTS, BY THE PROVISION OF ADAPTED AND MODIFIED VEHICLES, ALONG SIDE OTHER PEOPLE WITH DISABILITIES AND THEIR FRIENDS AND FAMILY MEMBERS.
Financial health, per its FY2025 accounts
The accounts state that the charity's financial performance details are contained in attached financial statements, but these statements are not provided in the document. The trustees' report confirms a reserves policy to retain three months of current expenditure, but no actual reserves figure is disclosed in the text.
What the accounts disclose
“The Trustees’ policy on reserves is to attempt to retain at least three months of current expenditure to ensure that the trustees and the charity may meet their contractual and statutory obligations.” — page 2
“Speed of Sight Limited is a charitable holding company. It owns 100% of the share capital of Speed Of Sight Events Limited, a company which supports the charitable objectives of its parent charity.” — page 2
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest 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 31/03/2025
- Volunteers: 90
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 70
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 50
- Has a trading subsidiary
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/03/2023 (received 22/02/2024, 22 days after the 31/01/2024 due date).
Trustees
- Kenneth Robert Greenchair
- Andrew Norman Bevan
- Darren Graham Leigh
- Michael John Broadbent
- Phillip Jon Peter Collins
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £221k | £273k |
| 31/03/2024 | £370k | £285k |
| 31/03/2023 | £208k | £201k |
| 31/03/2022 | £200k | £192k |
| 31/03/2021 | £103k | £110k |
Common questions
Is SPEED OF SIGHT LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity's financial performance details are contained in attached financial statements, but these statements are not provided in the document. The trustees' report confirms a reserves policy to retain three months of current expenditure, but no actual reserves figure is disclosed in the text.
Who funds SPEED OF SIGHT LTD?
Funders whose own accounts filings name SPEED OF SIGHT LTD as a grant recipient include ARDONAGH COMMUNITY TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| ARDONAGH COMMUNITY TRUST | FY2023 | £5k | Sport |
| ARDONAGH COMMUNITY TRUST | FY2021 | £5k | Sport |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PETER HARRISON FOUNDATION | 2 | £55k |
| SWEATY BETTY FOUNDATION | 1 | £406k |
| THE FIDELITY UK FOUNDATION | 1 | £204k |
| THE WOOLDRIDGE CHARITABLE TRUST | 1 | £180k |
| THE HARGREAVES FOUNDATION | 1 | £154k |
| UBS UK Donor-Advised Foundation | 1 | £146k |
| THE HYMANS ROBERTSON FOUNDATION | 1 | £96k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £56k |
Charities like this
- STATE OF MIND SPORT
- SPORTINSPIRED LTD
- THE SPEEDWAY RIDERS' BENEVOLENT FUND
- Sight Support Worthing
- OPPORTUNITY SPORTS FOUNDATION
- SPORTING EQUALS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SPEED OF SIGHT LTD | £221k | — | 0 | unclear | — | no doubt |
| STATE OF MIND SPORT | £146k | — | 0 | unclear | — | no doubt |
| SPORTINSPIRED LTD | £1.4m | unclear | 0 | above | — | no doubt |
| THE SPEEDWAY RIDERS' BENEVOLENT FUND | £179k | — | — | above | — | no doubt |
| Sight Support Worthing | £287k | — | 0 | unclear | — | no doubt |
| OPPORTUNITY SPORTS FOUNDATION | £221k | — | 0 | unclear | — | no doubt |