CARDIFF BMX RACING CLUB

Registered charity 1198258 · accounts filings on the Charity Commission register

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Latest income
£1.7m
Latest spending
£244k
Registered
2022
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a surplus of £1,463,464 for the year ended 31 December 2024, with total unrestricted funds carried forward amounting to £3,683,779. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity holds significant tangible fixed assets valued at £3,419,313, primarily related to the new facility construction.

What the accounts disclose

Accounts audited by Harper Sheldon Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.7m
Total spending
£244k
Reserves (reported)
£1.5m
Employees
0

Reported reserves equal ~72.0 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Cardiff

Income and spending

Financial year endIncomeSpending
31/12/2024£1.7m£244k
31/12/2023£866k£123k
31/12/2022£1.6m£160k

Common questions

Is CARDIFF BMX RACING CLUB financially healthy?

The accounts state that the charity reported a surplus of £1,463,464 for the year ended 31 December 2024, with total unrestricted funds carried forward amounting to £3,683,779. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity holds significant tangible fixed assets valued at £3,419,313, primarily related to the new facility construction. Its FY2024 accounts were audited by Harper Sheldon Limited.