The Charity Commission has rejected an application for charitable status from an organisation that runs a motor sport revival event.
Kop Hill Climb Limited holds a revival race for vintage cars and bikes once a year in Risborough, Buckinghamshire. Since it began in 2009, the event has raised more than £128,000 for local charities, according to its website.
The company applied to register as a charity in April 2012, but in February 2013 the commission decided not to register it because it found it was not established for exclusively charitable purposes.
After the company made a request, the commission conducted a review into its decision. The review, which was completed earlier this month, upheld the regulator’s decision not to place the company on the register of charities.
In a statement, the regulator said the objects of Kop Hill Climb were to raise funds to support local charity organisations, to bring the Risborough community together, to commemorate and preserve the heritage of the Kop Hill Climb races, to support local charities and provide education and technical training skills for the motor trade to unemployed young people.
The commission’s review, conducted by a commission lawyer, found that raising funds was not a charitable purpose, the statement said. It said that bringing a community together was not necessarily charitable either, although it might be a feature of some other charitable purpose.
The statement said the review also questioned to what extent revival and the preservation of heritage was charitable and whether it was for the public benefit "since it was also consistent with the purposes being for the personal benefit of motoring enthusiasts watching and taking part in the climb".
A spokeswoman for Kop Hill Climb Limited declined to comment.