WORLD SPEEDWAY RIDERS ASSOCIATION Income & Expense - Detail January 1, 2024 to December 31, 2024 Income Income and Endowments 1. Members Subscriptions Gift Aid Claimed 1,080 Membership Subscrlpllon Payments 12,730 Subs¢riplions- Und8rpaid 50 2. Donations 2,790 Events C816bratlon of Speedway A Celebration 01 Speedway- Entrance Monles 5.100 Book Stall 89 Car Bool Sale 1,344 Stock sales 125 Tombola & Rlder Prints 240 Gala Dinner G81a Dinner- Meal 10,136 Gala Dinner- Sponsorship 3.000 Gala Dinner Raffle 705 Sprlng Lunch Spring Lunch Meals 3,810 Spring Lunch Raffle 405 Other Sales Income Mus8um Sales 1,972 Show Sales 183 Total Incom8 43,759 Expenses Exp8ndiluTe Charitable Aetivltles A Supporting Speedway Grass roots 6,000 Ben Fund Support & Contributions 1,504 Charitable Events 100 Celebration of Speedway 80 COS- Advertlsing 360 Leicester Gala Dinner- November Gala Dinner Guests Costs 397 18-Feb-2025 21..43 Paae 1 of2
WORLD SPEEDWAY RIDERS ASSOCIATION Income & Expense - Detail January 1, 2024 to December 31, 2024 Gala Dinner Meals 9,126 Gala Dinner Other Costs 1,823 G818 Dinner Promotions 132 Spring Lunch Sprlng Lunch Meal Cosls 2.953 Sprlng Lunch Other Costs 278 Charily Management & Admlnislralion Accountancy & Audit 155 Bank Charges 951 Depreciation 1.292 Insurance 2,859 Museum 24 Rent 1,500 Website 4,375 E Advertlslng 1,613 E Calering 1,004 E Christmas Gifts 1,800 E Miscellanèous 393 E Mobile Phone 604 E Postage 187 E Prlntlng 422 E Stationary 98 E Tapes Up Magazine Poslag8- Tape5 Up 2.480 Prinllng- Tapes Up 4,173 E Travel & Subsistence 663 Total Expgnses 47,345 Operatlng ProflV{L05s1 .3,586 Total Other IncomellExpen5Ès1 Net ProfiUILoss) -3.586 18-Fob-2025 21-.43 Paoe2of2
WORLD SPEEDWAY RIDERS ASSOCIATION Charity Commisslon for England and Wales, No. 1114501 Balance Sheet - Detail As at December 31, 2024 FixedAssel8 Tangible Assets Heritage Asset Heritage Asset Cost 83,578 Heritage Asset Depreclalion -83 Other Assets Other Assets Cost 3,563 Other Assets Depreciation -1.210 Current Assets Stocks Stock 1,061 Debtors Other DebloTS Gift ASd Pending 415 Prepayments & AGcrued Income -2,040 Cash At Bank And In Hand Cashlundeposited Receipts 300 Dojo 25 Paypal 428 Wodd Speedway Rlders Assoclalion 43,982 Net Assets 130,020 Funds & Res8rw8s Unreslricled General Funds General Fund 130,020 F$ Provlded 130,020 18-Feb-2025 21'.44 Pao&1 of1
ANNUAL REPORT OF TRUSTEES 2024 WORLD SPEEDWAY RIDERS ASSOCIATION Charity number 1114501 The trustees hereby submit the accounts for 2024 as part of their annual report. We believe this was a successful year, in that we were able to make grants of £7500 in support of both young riders and the Benefit fund. There were successful events, such as the Celebration of Speedway, the Spring Lunch and the Gala Dinner, the latter attracting a record attendance of recent years. There was a modest deficit, but this was not unexpected as we made the decision to hold members, fees unchanged despite increases in postage and printing costs. We maintain cash reserves equivalent to a minimum of six months expenditure. Membership numbers were steady, which we view as successful owing to the advancing age of members and the decline in popularity of the sport. The same events are planned for 2025. We continue to rotate exhibits in the museum, in order to maintain interest for visitors. We are truly grateful to both the trustees and the volunteers without whom we would not be able to run this association.
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees The World Speedway Riders, Association On accounts for the year ended st 31 December 2024 Charity no (if any) 1114501 Set out on pages Iroinen)hei lo Incli1( I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145{5)(b) of the Act. Independent IThe charity's gross income exceeded £250,000 and l am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete { l if not applicable. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below ') which gives me cause to believe that in, any material respeGt.' the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: 03 Name: F2urH £ Relevant professional qualification(s) or body IER Oct 2018
(if any): Address: VIC IOEIA Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief detalls of any items that the examiner wishes to disclose. IER Oct 2018