THE SPEEDWAY RIDERS' BENEVOLENT FUND
The object of the Fund is to provide assistance to persons injured or disabled whilst participating in the sport of Speedway Racing.
Objects
THE PROVISION OF BENEFITS FOR SPEEDWAY RIDERS AND OR THEIR DEPENDANTS IN NECESSITIOUS AND DESERVING CASES.
Financial health, per its FY2025 accounts
The charity reported a net expenditure of £39,225 before investment gains, resulting in a net movement in funds of £208,994 due to significant investment gains of £248,219. Free unrestricted reserves stood at £105,889, which the trustees noted was higher than their policy target of approximately a quarter of total expenditure. The charity remains a going concern with adequate reserves to continue operations for the foreseeable future.
What the accounts disclose
“The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately a quarter of total expenditure.” — page 5
“During the year the charity recevied services//products from STEK Products. This was for the purchase of items for the charity to the value of £1,566 (2024: £Nil).” — page 19
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Volunteers: 6
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 7
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 15
- Grant-making is its main activity
Trustees
- PAUL ACKROYDchair
- ALEX HARKESS
- ANTHONY FRANCIS GORDON NOEL
- Archibald Kenneth MCKINNA Mr
- CHRISTOPHER VAN STRAATEN
- Jan Staechmann
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £179k | £218k |
| 31/12/2024 | £179k | £185k |
| 31/12/2023 | £349k | £171k |
| 31/12/2022 | £171k | £140k |
| 31/12/2021 | £112k | £83k |
Common questions
Is THE SPEEDWAY RIDERS' BENEVOLENT FUND financially healthy?
Per its FY2025 accounts: The charity reported a net expenditure of £39,225 before investment gains, resulting in a net movement in funds of £208,994 due to significant investment gains of £248,219. Free unrestricted reserves stood at £105,889, which the trustees noted was higher than their policy target of approximately a quarter of total expenditure. The charity remains a going concern with adequate reserves to continue operations for the foreseeable future. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROAD SAFETY TRUST | 1 | £281k |
| MARTIN CHARITABLE TRUST | 1 | £6k |
| CBRE UK CHARITABLE TRUST | 1 | £2k |
Charities like this
- RACEHORSE TRAINERS BENEVOLENT FUND
- THE WORLD SPEEDWAY RIDERS ASSOCIATION
- BRDC MOTOR SPORT CHARITY
- ROAD SAFETY FOUNDATION
- SAFER ROADS FOUNDATION
- THE ROAD SAFETY TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SPEEDWAY RIDERS' BENEVOLENT FUND | £179k | — | — | above | — | no doubt |
| RACEHORSE TRAINERS BENEVOLENT FUND | £71k | — | 0 | unclear | — | no doubt |
| THE WORLD SPEEDWAY RIDERS ASSOCIATION | £54k | — | 0 | above | — | no doubt |
| BRDC MOTOR SPORT CHARITY | £86k | — | 0 | unclear | — | no doubt |
| ROAD SAFETY FOUNDATION | £977k | — | — | above | — | no doubt |
| SAFER ROADS FOUNDATION | £87k | — | 0 | above | — | no doubt |