CARDIFF BMX RACING CLUB
We operate from the recently finished National BMX Centre Wales in Llanrumney, Cardiff. The club provides BMX race opportunities to all ages from as young as 3. We provide coach led sessions for all levels of ability as well as regular open sessions for those wishing to just come and ride. Alongside the sessions we run regular club racing and are currently part of the South West regional series.
Objects
THE PROMOTION OF COMMUNITY PARTICIPATION IN HEALTHY RECREATION FOR THE BENEFIT OF THE INHABITANTS OF SOUTH WALES BY THE PROVISION OF FACILITIES TO PARTICIPATE IN BMX RACING AND CYCLING.
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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
Leadership, per the charity’s website
- Gideon Jones — Vice Chair
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Hugh Coppingchair
- Gideon Jones
- Simon James Johnston
- William Richard Soffe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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. Its FY2024 accounts were audited by Harper Sheldon Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE OAKDALE TRUST | 2 | £3k |
| SWANSEA C V S | 1 | £13k |
| THE PERSIMMON CHARITABLE FOUNDATION | 1 | £8k |
| THE JENOUR FOUNDATION | 1 | £7k |
| THE SIMON GIBSON CHARITABLE TRUST | 1 | £6k |
Charities like this
- CARDIFF AND VALE AREA SCOUT COUNCIL
- CAMBERLEY GYMNASTICS CLUB
- CYLCH MEITHRIN Y PARC
- HEADWAY CARDIFF AND SOUTH EAST WALES
- RICHMOND BRIDGE CLUB
- CARDIFF CITY FC COMMUNITY FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CARDIFF BMX RACING CLUB | £1.7m | — | 0 | unclear | — | no doubt |
| CARDIFF AND VALE AREA SCOUT COUNCIL | £173k | — | 0 | above | — | no doubt |
| CAMBERLEY GYMNASTICS CLUB | £454k | — | 0 | above | — | no doubt |
| CYLCH MEITHRIN Y PARC | £157k | — | 0 | unclear | — | no doubt |
| HEADWAY CARDIFF AND SOUTH EAST WALES | £542k | — | 0 | above | — | no doubt |
| RICHMOND BRIDGE CLUB | £360k | — | 0 | above | — | no doubt |