CARDIFF BMX RACING CLUB
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
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?
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.