## 

|**R-EVOLUTION**|||
|---|---|---|
|**LEGALANDADMINISTRATIVE**|**INFORMATION**||
|**Trustees**|D Roberts||
||CSkelton||
||H LWatson|(Appointed17April 2023)|
||THDaniel|(Appointed17April 2023)|
||ASSimmons|(Appointed17 April 2023)|
||JDHolland|(Appointed17April 2023)|
||PEBrown||
|**Senior management**|Mr JMarshall(Resigned30|CEO|
||September2023)||
||Mr PStorey(Appointed24July2023)|CEO|
|**Charity number**|1159808||
|**Principal address**|StationRoad||
||Cottingham||
||EastYorkshire||
||England||
||HU164LL||
|**Independent examiner**|TrevorRackham||
||Rackham'sAccountantsLimited||
||3MeltonEnterprisePark||
||RedclliffRoad||
||Melton||
||EastYorkshire||
||HU143RS||
|**Bankers**|HSBC||
||63MarketPlace||
||Beverley||
||EastYorkshire||
||HU178AL||
||VirginMoneyUKPLC||
||TheTeamatVirginMoney||
||10-12ParagonStreet||
||Hull||
||HU13ND||
||UntiedTrustBank||
||OneRopemakrerStreet||
||London||
||EC2Y9AW||





## 

|**R-EVOLUTION**||
|---|---|
|**CONTENTS**||
||**Page**|
|Trustees' report|1-3|
|Independent examiner's report|4|
|Statementoffinancial activities|5|
|Balance sheet|6|
|Statementofcash flows|7|
|Notestothe financial statements|8 -21|





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|_FOR THE_**_YEAR ENDED_**|_FOR THE_**_YEAR ENDED_**|**_31 MARCH_**|**_2024_**|||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total Un restricted||Restricted|Total|
|||funds|funds||funds|funds||
|||**2024**|**2024**|**2024**|**2023**|**2023**|**2023**|
||**Notes**|£|£|£|£|£|£|
|**Income from:**||||||||
|Donations and legacies|**3**|15,303|453,048|468,351|21,426|579,594|601,020|
|Charitable activities|**4**|137,419|165|137,584|312,898||312,898|
|Investments|**5**|10,528||10,528|1,287||1,287|
|**Total income**||163,250|453,213|616,463|335,611|579,594|915,205|
|**Expenditure**on:||||||||
|Charitable activities|**6**|325,387|477,616|803,003|183,497|680,811|864,308|
|**Total expenditure**||325,387|477,616|803,003|183,497|680,811|864,308|
|**Net income/(expenditure)**||(162,137)|(24,403)|(186,540)|**152,114**|(101,217)|50,897|
|Transfers between||||||||
|funds||(16,816)|16,816||(223)|223||
|**Netmovement in**||||||||
|**funds**|**8**|(178,953)|(7,587)|(186,540)|151,891|(100,994)|50,897|
|**Reconciliationoffunds:**||||||||
|Fund balancesat1 April|2023|519,579|50,334|569,913|367,688|151,328|519,016|
|**Fund balancesat31March**||||||||
|**2024**||340,626|42,747|383,373|519,579|50,334|569,913|





## 

|R-EVOLUTION||||||
|---|---|---|---|---|---|
|**BALANCE**SHEET||||||
|**_ASAT31 MARCH 2024_**||||||
|||**2024**||**2023**||
||**Notes**|£|£|£|£|
|**Fixedassets**||||||
|Tangible assets|**12**||45,916||42,567|
|**Currentassets**||||||
|Stocks|**13**|18,610||14,271||
|Debtors|**14**|52,869||230,561||
|Cash atbankandinhand||354,511||473,214||
|||425,990||718,046||
|**Creditors:amountsfallingduewithin**|**16**|||||
|**oneyear**||(88,532)||(190,700)||
|**Net currentassets**|||337,458||527,346|
|**Totalassets less current liabilities**|||383,374||569,913|
|**Thefunds ofthecharity**||||||
|Restricted income funds|**18**||42,750||50,334|
|Unrestricted funds|**19**||340,624||519,579|
||||383,374||569,913|





## 

|**R-EVOLUTION**||||||
|---|---|---|---|---|---|
|**STATEMENT**OF**CASH FLOWS**||||||
|_FOR THE_**_YEAR ENDED31MARCH_**|**_2024_**|||||
|||**2024**||**2023**||
|**Notes**||£|£|£|£|
|**Cash flows from operating activities**||||||
|Cash (absorbed by)/generated from|**22**|||||
|operations|||(111,363)||168,622|
|**Investing activities**||||||
|Purchaseoftangible fixed assets||(17,868)||(22,345)||
|Investment income received||10,528||1,287||
|**Net cash used in investing activities**|||(7,340)||(21,058)|
|Netcashusedinfinancingactivities||||||
|Net(decrease)/increaseincashand cash||||||
|**equivalents**|||(118,703)||147,564|
|Cash and cash equivalents at beginningofyear|||473,214||325,650|
|Cashandcashequivalentsatendofyear|||354,511||473,214|





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## 

||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
||funds|funds||funds|funds||
||**2024**|**2024**|**2024**|**2023**|**2023**|**2023**|
||£|£|£|£|£|£|
|Donationsandgifts|2,223||2,223|379|627|1,006|
|Grants||453,048|453,048|3,000|578,967|581,967|
|Donationsinkind|13,080||13,080|18,047||18,047|
||15,303|453,048|468,351|21,426|579,594|601,020|





## 

|3|Income from**grants,donationsandsimilar**Incoming|Income from**grants,donationsandsimilar**Incoming|Income from**grants,donationsandsimilar**Incoming||||(Continued)|
|---|---|---|---|---|---|---|---|
||**resources**|||||||
|||**Unrestricted**|**Restricted**|Total|Unrestricted|**Restricted**|Total|
|||**funds**|funds||**funds**|**funds**||
|||**2024**|**2024**|**2024**|**2023**|**2023**|**2023**|
|||£|£|£|£|£|<br>£|
||**Grants**|||||||
||Brelms Trust|||||5,000|5,000|
||Cycling UK||4,500|4,500||6,000|6,000|
||East Riding ofYorkshire|||||||
||Council||29,500|29,500||66,394|66,394|
||HEYLEP|||||1,500|1,500|
||HullCity Council||129,893|129,893|3,000|97,830|100,830|
||Humber Learning|||||||
||Consortium||9,940|9,940||2,461|2,461|
||National Lottery|||||||
||CommunityFund||110,000|110,000||140,000|140,000|
||NorthEast Linsolnshire|||||||
||Council||48,584|48,584||40,000|40,000|
||North Lincolnshire|||||||
||Council||115,696|115,696||179,282|179,282|
||RoyalHorticultural|||||||
||Society|||||500|500|
||SaferRoadsHumbers|||||40,000|40,000|
||VANL||4,935|4,935||||
||||453,048|453,048|3,000|578,967|581,967|
|**4**|**Incomefromcharitable**|**activities**||||||
|||**Unrestricted**|**Restricted**|**Total**|**Unrestricted**|**Restricted**|Total|
|||**funds**|**funds**||**funds**|**funds**||
|||**2024**|**2024**|**2024**|**2023**|**2023**|<br>**2023**|
|||£|£|£|£|£|<br>£|
||**Incomefromcharitable**|**activities**||||||
||Events, trainingand|||||||
||coaching|11,394||11,394|5,977||5,977|
||Cycleandequpiment|||||||
||salesandrepairs|81,724|165|81,889|76,334||76,334|
||Primary purpose|||||||
||contracts|44,301||44,301|230,587||230,587|
|||137,419|165|137,584|312,898||312,898|





## 

## 

## 

|**Unrestricted**|**Unrestricted**|
|---|---|
|**funds**|**funds**|
|**2024**|**2023**|
|£|£|



## 

||**Expenditure**|**Expenditure**|
|---|---|---|
||**on**|**on**|
||**charitable**|**charitable**|
||**activities**|**activities**|
||**2024**|**2023**|
||£|£|
|**Directcosts**|||
|Staff costs|367,073|407,431|
|Marketing|9,085|8,341|
|eBay fees|133||
|Vehicle costs|11,010|11,928|
|Activity costs(bikes,parts,accessoriesetc)|85,742|72,355|
|Sundry staff costs (training,expensesetc)|16,129|23,582|
|RetrospectiveVAT||(8,859)|
|Stock|(4,339)|15,356|
||484,833|530,134|
|Shareofsupport and governance costs (see note7)|||
|Support|318,170|334,174|
||803,003|864,308|
|**Analysisby**fund|||
|Unrestrictedfunds|325,387|183,497|
|Restricted funds|477,616|680,811|
||803,003|864,308|





## 

## 

## 

|7|Supportcostsallocatedtoactivities|||
|---|---|---|---|
|||**2024**|**2023**|
|||£|£|
||Staff costs|214,601|211,971|
||Depreciation|14,522|12,063|
||Premises and office costs|75,082|102,878|
||Insurance|1,593|2,304|
||Professional fees|1,551|2,932|
||Bank charges|2,157|2,026|
||Self employed contract staff|8,664||
|||318,170|334,174|
||**Analysed between:**|||
||Expenditure on charitable activities|318,170|334,174|
|**8**|**Net movementinfunds**|**2024**|**2023**|
|||£|£|
||The net movement in funds is stated after charging/(crediting):|||
||Fees payable for the independent examinationofthe charity's financial|||
||statements|600|600|
||Depreciationofowned tangible fixed assets|14,522|12,063|



|The average monthly numberofemployees during the year was:|The average monthly numberofemployees during the year was:||||
|---|---|---|---|---|
||**2024**|**2024**|**2023**|**2023**|
||**Heads**|Full**time**|Heads|Fulltime|
|||**equivalent**||equivalent|
|Full time|10|10|15|15|
|Part time|10|9|7|6|
|Total|20|19|22|21|
|Employmentcosts|||**2024**|**2023**|
||||£|£|
|Wages and salaries|||581,674|619,402|





## 

|**1 0**|**Employees**||**(Continued)**|
|---|---|---|---|
||**Remunerationofkeymanagementpersonnel**|||
||Theremunerationofkeymanagementpersonnelwasasfollows:|||
|||**2024**|**2023**|
|||£|£|



## 

||Thecharityisexemptfromtaxationon|its activitiesbecauseallitsincome|its activitiesbecauseallitsincome|isapplied|forcharitable|purposes.|
|---|---|---|---|---|---|---|
|**12**|**Tangiblefixedassets**||||||
|||**Fixturesand**|**Computers**|**Motor**|**General**|**Total**|
|||**fittings**||**vehicles**|**equipment**||
|||£|£|£|£|£|
||**Cost**||||||
||At 1April2023|42,002|5,905|25,100|4,771|77,778|
||Additions|15,233|2,637|||17,870|
||Disposals||**(246)**|||**(246)**|
||At31March2024|57,235|8,296|25,100|4,771|95,402|
||**Depreciationandimpairment**||||||
||At 1April2023|12,661|**4,484**|15,031|3,035|35,211|
||Depreciationchargedintheyear|**8,586**|1,731|3,140|1,064|14,521|
||Eliminatedinrespectofdisposals||(246)|||**(246)**|
||At31March2024|21,247|5,969|18,171|4,099|49,486|
||**Carryingamount**||||||
||At31March2024|35,988|2,327|6,929|672|45,916|
|||--|--|--||--|
||At31March2023|29,341|1,421|10,069|1,737|42,567|
|||||--|--|--|



## 

||**2024**|**2023**|
|---|---|---|
||£|£|
|Finishedgoodsandgoodsforresale|18,610|14,271|





## 

## 

## 

|**14**|**Debtors**|
|---|---|
||**Amountsfallingduewithinoneyear:**|



|**2024**|**2023**|
|---|---|
|£|£|
|29,075|106,080|
||65,837|
|23,794|58,644|



|**Creditors:amountsfallingdue**|**withinoneyear**||||
|---|---|---|---|---|
||||**2024**|**2023**|
|||**Notes**|£|£|
|Other taxation and social security|||6,067|63,896|
|Government grants||**17**|65,297|109,500|
|Trade creditors|||14,355|12,387|
|Other creditors|||1,321|1,207|
|Accruals and deferred income|||1,492|3,710|
||||88,532|190,700|
|**Governmentgrants**|||||
||||**2024**|**2023**|
|**Funder**|Reason for deferral||£|£|
|East RidingofYorkshire Council|Funding for 2023/24 receivedinadvance -||||
||East Riding Access Fund|||29,500|
|North Lincolnshire Council|Funding for 2023/24 received in advance -||||
||EmployabilityandSkills -|Horticulture at|||
||Normanby Hall|||50,000|
|North Lincolnshire Council|Funding for 2023/24 receivedinadvance -||||
||North Lincolnshire Community|Renewal Fund||30,000|
|Hull City Council|Funding for 2024/25 received in advance -||||
||Hull Schools Project||25,000||
|East Riding of Yorkshire CouncilFunding for 2024/25 receivedinadvance -|||||
||Capability 2 Fund||18,750||
|Hull City Council|Funding for 2024/25 received in advance -||||
||Hull Community Hubs||15,000||
|Hull City Council|Funding for 2024/25 receivedinadvance -||||
||Trinity Market||6,547||
||||**65,297**|**109,500**|





## 

## 

|**17**|**Government grants**||**(Continued)**|
|---|---|---|---|
|||**2024**|**2023**|
|||£|£|
||Deferredincomeisincludedwithin:|||
||Current liabilities|65,297|109,500|
||Movementsintheyear:|||
||Deferred incomeat1April2023|109,500||
||Releasedfromprevious periods|(109,500)||
||Resourcesdeferredintheyear|65,297|109,500|
||Deferredincomeat31March2024|65,297|109,500|





## 

## 

## 

|Therestrictedfundsofthecharitycomprisetheunexpendedbalancesofdonationsandgrants<br>subjecttospecificconditionsbydonorsastohowtheymaybeused.|Therestrictedfundsofthecharitycomprisetheunexpendedbalancesofdonationsandgrants<br>subjecttospecificconditionsbydonorsastohowtheymaybeused.|Therestrictedfundsofthecharitycomprisetheunexpendedbalancesofdonationsandgrants<br>subjecttospecificconditionsbydonorsastohowtheymaybeused.|Therestrictedfundsofthecharitycomprisetheunexpendedbalancesofdonationsandgrants<br>subjecttospecificconditionsbydonorsastohowtheymaybeused.|Therestrictedfundsofthecharitycomprisetheunexpendedbalancesofdonationsandgrants<br>subjecttospecificconditionsbydonorsastohowtheymaybeused.|heldontrust|
|---|---|---|---|---|---|
||**At 1April**|**Incoming**|**Resources**|**Transfers**|**At31March**|
||**2023**|**resources**|**expended**||**2024**|
||£|£|£|£|£|
|RestrictedFixedAssets||||21,991|21,991|
|BigBikeRevival||4,500|(4,500)|||
|EastHullBikeLibraries|3,345||(1,210)|(2,135)||
|SaferRoadsHumber|495||(495)|||
|GetActiveEastRidingAccess||||||
|Fund|9,741||(9,915)|174||
|HorticultureProject(TheFore)|220||(175)|(45)||
|MultiplyEastRiding|(268)|9,940|(9,940)|268||
|MultiplyNorthLincolnshire|(11)|16,432|(16,432)|11||
|NationalLotteryCommunity||||||
|Fund|3,554|110,000|(106,981)||6,573|
|NormanbyHallHorticulture|1,034|50,000|(50,955)||79|
|NorthEastLincolnshireActive||||||
|Fund|1,400||(1,808)|408||
|BikeProjectNorthLincolnshire|17,367||(5,638)|(11,729)||
|RackingTrinityMarket|3,442||(751)|(2,691)||
|SharedProsperityHull|7,958||(1,500)|{6,458)||
|StorageShed-FinnisScott|438||(350)|(88)||
|TrinityMarket|1,620|83,453|(81,790)|2,691|5,974|
|EastRidingBikes||29,500|(43,919)|14,419||
|HullCommunityHubs||45,000|(44,414)||586|
|HullSchoolsProject||350|(350)|||
|NorthEastLincolnshireHubs||48,749|(41,204)||7,545|
|NorthLincolnshireBikes||49,264|(49,264)|||
|SmallGrants||1,090|(1,090)|||
|VANLScunthorpeNorth||||||
|Reducing||4,935|(4,935)|||
||50,335|453,213|(477,616)|16,816|42,748|





## 

|**R-EVOLUTION**|**R-EVOLUTION**||||||
|---|---|---|---|---|---|---|
|**NOTESTOTHEFINANCIAL**||**STATEMENTS**|**(CONTINUED)**||||
|**_FORTHEYEARENDED31MARCH2024_**|||||||
|**18**|Restricted funds|||||(Continued)|
||**Previousyear:**|**At1 April**<br>**2022**|Incoming<br>**resources**|**Resources**<br>**expended**|**Transfers**|**At31March**<br>**2023**|
|||£|£|£|£|£|
||AllRide(Brelms)||5,000|(5,000)|||
||AllRideWithemsea||3,117|(3,152)|35||
||BigBikeRevival||6,000|(6,000)|||
||EastHullBikeLibraries||22,330|(18,985)||3,345|
||SaferRoadsHumber|3,515|40,000|(43,020)||495|
||Get ActiveEastRidingAccess<br>Fund|33,201|43,500|(66,960)||9,741|
||HorticultureProject-Beverly|30,927|2,000|(33,026)|99||
||HorticultureProject(PLT)|1,702||(1,702)|||
||HorticultureProject(TheFore)|394||(175)||219|
||Kickstart|1,792|24,792|(26,584)|||
||MultiplyEastRiding<br>MultiplyNorthLincolnshire||2,550<br>4,930|(2,818)<br>(4,941)||(268)<br>(11)|
||NationalLotteryCommunity<br>Fund|4,424|140,000|(140,870)||3,554|
||NormanbyHallBike|1,251||(1,251)|||
||NormanbyHallHorticulture|15,920|10,627|(25,513)||1,034|
||NorthEastLincolnshireActive||||||
||Fund|31,091|40,000|(69,691)||1,400|
||BikeProjectNorthLincolnshire|22,130|159,337|(164,100)||17,367|
||RackingTrinityMarket|4,193||(751)||3,442|
||SharedProsperityHull||48,000|(40,042)||7,958|
||StorageShed-FinnisScott|788||(350)||438|
||TrainingCentre-HLC||(89)||89||
||TrinityMarket||27,500|(25,880)||1,620|
|||151,328|579,594|680,811|223|50,334|





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## 

## 

|Theunrestrictedfundsofthecharitycomprisethe|Theunrestrictedfundsofthecharitycomprisethe|unexpendedbalancesofdonationsandgrants|unexpendedbalancesofdonationsandgrants|unexpendedbalancesofdonationsandgrants|whichare|
|---|---|---|---|---|---|
|notsubjecttospecificconditionsby|donorsandgrantorsastohowtheymaybe|||used.Theseinclude||
|designatedfundswhichhavebeensetasideoutofunrestrictedfundsbythetrusteesforspecific|||||purposes.|
||**At 1 April**|Incoming|Resources|Transfers|At31March|
||**2023**|resources|expended||**2024**|
||£|£|£|£|£|
|Generalfunds|519,579|163,250|(325,387)|<br>(16,816)|340,626|
|**Previous year:**|At1 April|Incoming|Resources|Transfers|At31March|
||2022|resources|expended||**2023**|
||£|£|£|£|£|
|Generalfunds|367,689|335,611|(183,497)|<br>(223)|519,579|



||**Un restricted**|**Restricted**|**Total**|
|---|---|---|---|
||**funds**|**funds**||
||**2024**|**2024**|**2024**|
||£|£|£|
|**At31March 2024:**||||
|Tangibleassets|8,153|37,763|45,916|
|Currentassets/(liabilities)|347,171|(9,713)|337,458|
||355,324|28,050|383,374|
||**Unrestricted**|**Restricted**|**Total**|
||**funds**|**funds**||
||**2023**|**2023**|**2023**|
||£|£|£|
|**At31March 2023:**||||
|Tangibleassets|6,900|35,669|42,569|
|Currentassets/(liabilities)|512,679|14,665|527,344|
||519,579|50,334|569,913|



## 



## 

|**R-EVOLUTION**|**R-EVOLUTION**|||
|---|---|---|---|
|**NOTESTOTHEFINANCIALSTATEMENTS(CONTINUED)**||||
|**_FORTHEYEARENDED31MARCH2024_**||||
|**22**|**Cashgeneratedfromoperations**|**2024**|**2023**|
|||£|£|
||(Deficit)/surpusfortheyear|(186,540)|50,897|
||Adjustmentsfor:|||
||Investmentincomerecognisedinstatementoffinancialactivities|(10,528)|(1,287)|
||Depreciationandimpairmentoftangiblefixedassets|14,522|12,063|
||Movementsinworkingcapital:|||
||(lncrease)/decreaseinstocks|**(4,339)**|15,356|
||Decrease/(increase)indebtors|177,690|(73,432)|
||(Decrease)/increaseincreditors|(57,965)|55,525|
||(Decrease)/increaseindeferredincome|**(44,203)**|109,500|
||**Cash(absorbedby)/generatedfromoperations**|(111,363)|168,622|