CROMFORD STEAM RALLY SOCIETY
We organise heritage events that promote and advance our charitable purposes. We aim to educate the public, especially young people, in all aspects of heritage vehicles, methods and preservation. Amongst several hundred displays and exhibits are Steam engines, motor vehicles, combustion engines and general historic re-enactments.
Financial health, per its FY2024 accounts
The accounts state that the charity held total funds of £143,398.00 at the end of the reporting period, resulting in an operating balance of £79,776.00 for the year. The trustees report no doubt or uncertainty regarding the charity's ability to continue as a going concern. However, the charity notes a shortfall in its reserve funds relative to its stated policy target.
What the accounts disclose
“Cromford Steam Rally Society has a long-established policy to hold reserve funds equal to 2 x the average costs of the previous 5 main events (Cromford Steam Rally).” — page 10
Corporate structure
- Registered company of the charity Companies House 03961709
- Equity: £179k
Company officers (Companies House)
- MELLOR, Darren Lee on trustee list
- WHITTLE, Richard John on trustee list
- WRIGHT, Graham William on trustee list
- WHITTLE, Adam
Trustees
- DARREN MELLOR
- GRAHAM WRIGHT
- RICHARD WHITTLE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £176k | £96k |
| 31/12/2023 | £71k | £95k |
Common questions
Is CROMFORD STEAM RALLY SOCIETY financially healthy?
Per its FY2024 accounts: The accounts state that the charity held total funds of £143,398.00 at the end of the reporting period, resulting in an operating balance of £79,776.00 for the year. The trustees report no doubt or uncertainty regarding the charity's ability to continue as a going concern. However, the charity notes a shortfall in its reserve funds relative to its stated policy target.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Q CHARITABLE TRUST | 1 | £100k |
Charities like this
- THE BANBURY STEAM SOCIETY
- HADDENHAM STEAM RALLY
- BRESSINGHAM STEAM PRESERVATION COMPANY LIMITED
- THE HOLLYCOMBE WORKING STEAM MUSEUM LIMITED
- CHINNOR AND PRINCES RISBOROUGH RAILWAY ASSOCIATION LIMITED
- WESTERN LOCOMOTIVE ASSOCIATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CROMFORD STEAM RALLY SOCIETY | £176k | — | 0 | unclear | — | no doubt |
| THE BANBURY STEAM SOCIETY | £174k | — | 0 | unclear | — | no doubt |
| HADDENHAM STEAM RALLY | £131k | — | 0 | unclear | — | no doubt |
| BRESSINGHAM STEAM PRESERVATION COMPANY LIMITED | £1.0m | — | 0 | above | — | no doubt |
| THE HOLLYCOMBE WORKING STEAM MUSEUM LIMITED | £322k | — | 0 | above | — | no doubt |
| CHINNOR AND PRINCES RISBOROUGH RAILWAY ASSOCIATION LIMITED | £200k | — | 0 | above | — | no doubt |