SHERBORNE CLASSIC CARS CIO

Registered charity 1172969 · accounts filings on the Charity Commission register

The charity owns Sherborne Classic and Supercars Limited that runs annually a classic and supercar show to raise funds for local and national charities. The event is held at Sherborne Castle Dorset DT5 9NR.

Objects

FOR THE PUBLIC BENEFIT TO ADVANCE EXCLUSIVELY CHARITABLE PURPOSES (ACCORDING TO THE LAWS OF ENGLAND AND WALES) THAT FROM TIME TO TIME THE TRUSTEES SEE FIT.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · website · Get email alerts

Latest income
£70k
Latest spending
£65k
Registered
2017
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity received £70,000 from its trading subsidiary and distributed £65,043 in grants, retaining a balance of £4,957. The trustees report that unrestricted reserves stand at £20,497, which is below their stated policy target of exceeding £22,000. The independent examiner confirmed that accounting records were kept in accordance with the Charities Act and no material matters came to their attention.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donation from Sherborne Classic & Supercars Limited (100% of income)
“Donation from Sherborne Classic & Supercars Limited 70,000” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £20k)
“The reserve fund has been topped up by £4,957 from the proceeds of the 2024 show, and currently stands at £20,497’.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Sherborne Classic & Supercars Limited
“The CIO owns 100% of the share capital of Sherborne Classic & Supercars Limited which, each year, runs a car show to raise funds for the CIO.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£70k£65k
31/12/2023£55k£55k
31/12/2022£65k£60k
31/12/2021£2k£0
31/12/2020£0£0

Common questions

Is SHERBORNE CLASSIC CARS CIO financially healthy?

Per its FY2024 accounts: The accounts state that the charity received £70,000 from its trading subsidiary and distributed £65,043 in grants, retaining a balance of £4,957. The trustees report that unrestricted reserves stand at £20,497, which is below their stated policy target of exceeding £22,000. The independent examiner confirmed that accounting records were kept in accordance with the Charities Act and no material matters came to their attention. Its FY2024 accounts were independently examined.