Righto, I've had a rainy few hours so here goes:-

A search in accord with the advice given earlier revealed that the TRF is registered as a UK limited company.
This is probably not news to those involved in the running of the club.
It does appear to have registered offices in both London and Oxford, depending on what website is viewed.

It seems likely to be the case that the TRF leaders - the directors of the company - have conducted some manner of "makeover" (to use a term that my kids tend to use), as evidenced by the new look website and the general air of self-congratulatory postings in the TRF forum.
TRF Forums • View topic - TRF are taking Durham Council to court and we need your help

Continuing the research, the TRF is referenced in the link below in a couple of ways:
1. As the governing body for trail riding in the UK.
2. As having 3000 members.
Trail Riders Fellowship
Both of these statements may be in error of course, particularly the former.

Continuing, 3000 (let's take that figure as "near enough") members x £45 per annum produces an annual income of £135,000.
No breakdown of how the cash is distributed, but the fighting fund is considered to be an important function of the TRF - a key raison d'etre. We might assume that most of this annual cash income is devoted to that purpose.

It does seem to be a healthy income for fighting the dragons at the local authorities and the various other lobby groups that abound in the UK.

Banging away at the search engine indicates that to see the TRF accounts requires an exchange of cash for information, but a couple of sites give some detail of the body:-
https://www.companiesintheuk.co.uk/l...ers-fellowship

TRAIL RIDERS FELLOWSHIP. Free business summary taken from official Companies House information. Free Alerts. Registered as 05848933
from which we can learn that the TRF has a net value of around £150,000.
Therefore, the recent crowd funding appeal has increased the net value of the organisation by about 10%, all based on social media distribution over a matter of about a month.

OK, it's stopped raining and I'm off out to ride; enough, for now.

__________________
Dave