THE BRITISH MOTORCYCLE CHARITABLE TRUST
Assisting in the preservation of such British motorcycles as are of historic and scientific importance and providing for their display to the public.
Financial health, per its FY2024 accounts
The accounts state that the charity's unrestricted funds increased to £1,127,496, driven by investment gains and donations, despite a net expenditure on charitable activities. The trustees report that funds are available to continue the Trust's work, although they note that the cost of servicing members exceeds membership income and support for new displays will be restricted. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“There were no transactions with related parties during the year.” — page 22
“The strategy has been revised in view of the recent difficulties.” — page 4
“The misappropriation of funds by the previous chairman is subject to police investigation.” — page 5
“The strategy has been revised in view of the recent difficulties.” — page 4
“The misappropriation of funds by the previous chairman is subject to police investigation.” — page 5
“The Trust holds 100% of the Ordinary share capital of BMCT Services Limited, a dormant company incorporated in England and Wales.” — page 20
Trustees
- Dennis James Frost
- JOHN FRANCIS RAYMOND HANDLEY
- Lewis Wiles Onions
- MICHAEL JACKSON
- MICHEAL PENN
- Martin John Heckscher
- PETER JAMES WELLINGS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £35k | £58k |
| 31/12/2023 | £44k | £318k |
| 31/12/2022 | £60k | £69k |
| 31/12/2021 | £44k | £53k |
| 31/12/2020 | £35k | £55k |
Common questions
Is THE BRITISH MOTORCYCLE CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity's unrestricted funds increased to £1,127,496, driven by investment gains and donations, despite a net expenditure on charitable activities. The trustees report that funds are available to continue the Trust's work, although they note that the cost of servicing members exceeds membership income and support for new displays will be restricted. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Lindley & Co.