BRITISH MOTOR SPORTS TRAINING TRUST
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds stood at £2,713,881 at the end of the year, which is above the stated reserves policy target that allows for a financial deficit of up to 10% of unrestricted funds. The charity reported a net movement in funds of £25,549, supported by investment income and donations, with no material uncertainties identified regarding its ability to continue as a going concern.
What the accounts disclose
“To maintain unrestricted funds at a level that generates enough investment income that when combined with donations and other funds from third parties, covers the cost of grants made now and in the foreseeable future. However, a financial deficit of up to 10% of the value of the unrestricted funds could be regarded as admissible” — page 8
Trustees
- Jim Morrischair
- Anthony Neil Fuller
- Hugh Bertram Chambers
- MR NICKY MOFFITT
- PHILIP FOSTER
- Robert Alexander Denham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £122k | £412k |
| 31/12/2024 | £122k | £478k |
| 31/12/2023 | £144k | £522k |
| 31/12/2022 | £136k | £452k |
| 31/12/2021 | £130k | £259k |
Common questions
Is BRITISH MOTOR SPORTS TRAINING TRUST financially healthy?
The accounts state that unrestricted funds stood at £2,713,881 at the end of the year, which is above the stated reserves policy target that allows for a financial deficit of up to 10% of unrestricted funds. The charity reported a net movement in funds of £25,549, supported by investment income and donations, with no material uncertainties identified regarding its ability to continue as a going concern. Its FY2025 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THIRTY PERCY FOUNDATION | 1 | £220k |
| GOWER STREET | 1 | £24k |
| THE A TEAM FOUNDATION LIMITED | 1 | £20k |