Charity registration number: 1161237
## Wheely Tots
Annual Report and Financial Statements for the Year Ended 30 April 2025
Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
## **Wheely Tots**
## **Contents (continued)**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 8|
|Statement of Trustees' Responsibilities|9|
|Independent Examiner's Report|10|
|Statement of Financial Activities|11 to 12|
|Balance Sheet|13|
|Notes to the Financial Statements|14 to 23|
## **Wheely Tots**
## **Reference and Administrative Details**
**Trustees** David Furness Sudhanshu Deo Mitzi Pryce Jodie Brotherton Abi Carter **Senior Management Team** David Pitcher, CEO **Charity Registration Number** 1161237 **Principal Office** The Trampery 639 High Road Tottenham London N17 8AA **Independent Examiner** Eva Stevens, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Page 1
## **Wheely Tots**
## **Trustees' Report**
The trustees present the annual report together with the financial statements of the charity for the year ended 30 April 2025.
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
Trustees: David Furness Sudhanshu Deo Mitzi Pryce (appointed 2 May 2025) Jodie Brotherton (appointed 22 January 2026) Abi Carter (appointed 20 February 2026) Eleanor Mitchell (resigned 25 March 2025) Gloria Obilana (resigned 31 July 2025)
## **Structure, governance and management**
## _**Nature of governing document**_
The charity is operated under the rules of its constitution adopted 10 April 2015 and most recently amended 07 June 2023.
## _**Recruitment and appointment of trustees**_
The trustee role description is held on the Wheely Tots website and is always open for applications from interested individuals. After applications are received, applicants are invited to a call with the CEO, followed by a meeting with at least 2 serving trustees. The next stage is for the applicant to attend a trustee meeting as an observer. Should all parties then wish to proceed, the new trustee will be appointed at the next meeting.
As stated in section 10 of the governing document:
●“every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.”
●“in selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.”
## **Objectives and activities**
## _**Objects and aims**_
The formal objectives of Wheely Tots as set out in the CIO Constitution are: “The promotion of community participation in healthy recreation in particular by the provision of cycling advice, cycle training, cycle maintenance, and other cycling related activities.”
## _**Objectives, strategies and activities**_
The main activities of Wheely Tots are: parent and toddler cycling sessions; Family Bike Club; Your Bike Project (cycling and bike maintenance sessions for 11-18 year olds); an affordable bike borrowing scheme; bushcraft sessions; age friendly walking and cycling activities; Moselle Community Project: age friendly activities in Broadwater Farm Community Centre, including "Wellbeing Wednesdays" and a weekly community lunch and foodbank for those at risk of, or experiencing, social isolation.
Page 2
## **Wheely Tots**
## **Trustees' Report (continued)**
## _**Public benefit**_
Wheely Tots activities benefit the public through the provision of free and affordable access to cycling and other age friendly activities in the London Borough of Haringey.
Our programmes and activities promote healthy, confident, resilient communities through improving connections to each other and the outdoors. We’ve evolved to become experts in walking, cycling and bushcraft as well as running and commissioning community centre activities.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Achievements and performance**
During 2024-25 Wheely Tots continued to focus delivery in and around Tottenham in Haringey, North London predominantly on Broadwater Farm and in Northumberland Park, two of the most multiply deprived areas nationally and well within England’s 10% most deprived neighbourhoods relating to Income; Employment; Housing; and children/older people living in poverty (IMD, 2025).
## **Charitable outcomes**
We monitor, evaluate and learn against the following UN Sustainable Development Goals so that our practice improves year on year.
Good Health & Wellbeing | Decent work and economic growth | Reduced inequalities | Sustainable Cities and Communities
## **Projects**
Wheely Tots delivered the following projects and activities between 1 May 2024 and 30 April 2025:
## **Cycling Projects**
## _Family Bike Club_
Weekly, accessible, inclusive cycling activities for families, young people and children aged 4-18 in Lordship Recreation Ground, Northumberland Park and Broadwater Farm.
## _Your Bike Project_
An environmentally sustainable cycling project targeting young people aged 11-18 in and around Broadwater Farm Estate. It supports young people to gain practical skills and understanding for cycling safely on roads.
## _Silver Cycling_
Cycling sessions supporting older people based in and around Broadwater Farm Estate, Tottenham to engage with cycling, feel healthier and reduce social isolation.
## _London Youth Games_
Identify, recruit and train 8 Haringey residents aged 8 to 16 years to enter the 2024 London Youth Games Open Games Road Cycling in June 2024. Providing bikes, clothing, membership, entry fees & transport on event day.
Page 3
## **Wheely Tots**
## **Trustees' Report (continued)**
## **Walking Projects**
## _Walking through the Seasons_
Monthly walks in Lea Valley Park for older and/or isolated people based in Tottenham, Haringey.
## _Walking through Winter + Winter Walks_
A community-led programme of weekly walks for older people local to Broadwater Farm.
## **Community Projects**
## _The Duke of Edinburgh’s Award_
Access to the Duke of Edinburgh’s Award for underserved young people in Tottenham.
## _Moselle Community Project_
Inclusive, age-friendly activities and a community lunch in Broadwater Farm Community Centre, providing a warm, welcoming, safe place for local residents every Friday.
## _Active Spaces_
A programme of community-led sports and physical activities for underserved young people, children and older people in and around Broadwater Farm. To re-establish Broadwater Farm Community Centre as a safe, accessible, welcoming place and create space for social connections.
## **Volunteers**
Wheely Tots benefits from a team of 18 regular volunteers from the local community supporting Family Bike Club, Moselle Community Project and the foodbank. This support is invaluable to us as a small organisation.
Wheely Tots also benefited from teams of corporate volunteers during this period.
- ●5 June 2024: Fitch Ratings
- ●21 June 2024: Standard Chartered
- ●13 November 2024: RBC Capital Markets
- ●28 November 2024: T Rowe Price
- ●19 December 2024: B&Q
## **Partner organisations**
Wheely Tots worked with the following organisations during this period:
Active Change; Berkeley Homes; Broadwater Farm Children’s Centre; Broadwater Farm Residents Association; Carers First Haringey; Dukes Academy; East London Business Alliance (ELBA); Harmony Gardens; Lea Valley Primary School; London Elite; Lordship Community Hub; Lordship Sports & Activity Consortium (LSAC); Park Lane Children’s Centre; Project 2020; Redmond Community Centre; St Frances de Sale Primary School; St Pauls and All Hallows Primary School;The Trove Market; Woodberry Down Estate Management, Breadline London and Haringey Borough Council.
Page 4
## **Wheely Tots**
## **Trustees' Report (continued)**
## **The year in numbers**
Summary of the main outputs during the period from Wheely Tots records.
Number of cycling & walking sessions delivered: 116 Number of people attending cycling & walking sessions: 611 Number of people attending Moselle Community Project: 314 Volunteers who have kindly donated time and expertise: 140 Number of volunteer hours: 3,366 Number of bikes bought/borrowed from Kit Library: 154 Number of households attending food bank per week: 90
## **Our social value**
Using the HACT social value calculator, for each pound received, Wheely Tots creates £27 in social value.
We reduce this by 17% as we accept that some people would have achieved these outcomes without us.
And we reduce a further 32% for attribution i.e. we accept that it’s not just us and that individuals need support from others and have to do a lot of the work themselves.
Accordingly, based on Wheely Tots methodology our actual social value is for each £1 the social value created is £15.24.
Page 5
## **Wheely Tots**
## **Trustees' Report (continued)**
## **Outcomes**
We use shared outcomes for all our activities and use the public participation spectrum as a framework (Inform, Consult, Involve, Collaborate, Empower) which includes lots of opportunities for people to be involved in collaboration, decision making and informing our work. Collaborate with local practitioners to lead activities is important to us and we see how this both inspires and builds trust:
- ●Enable people to feel more connected:
- ○Through shared activities and experiences;
- ○Through meeting new people and discovering new places;
- ○Through feeling part of a group.
- ●Improve physical and mental health:
- ○Through taking part in exercise and social interactions.
- ●Help the community to realise their own assets:
- ○Through challenging themselves and learning new skills;
- ○Through sharing knowledge.
Outcomes from our cycling activities:
Young people reported increased confidence and safety in cycling through skills development: “I learnt that when you go up a hill, you should go in the lower gear. The high gears are good for a flat road.” “One thing that will help me in the future is I learnt to brake before turning.”
Young people reported feeling more connected through social and peer interaction “I really like volunteering and helping out. Everyone did really well and got along. It's a good experience for kids without a bike, they can come here and learn new things.”
“I liked today’s session because I got to teach my big brother.”
100% of survey respondents reported gaining cycling skills after attending sessions. 81% of survey respondents reported feeling safer after attending sessions.
## Increased motivation for physical activity
87% of survey respondents reported feeling healthier after attending sessions.
94% of survey respondents reported feeling happier and less stressed after attending sessions. “We see children that have learned to ride confidently cycling in the park with friends or family. They say hello and tell us that Wheely Tots taught or helped them.” _Wheely Tots Session leader_
Page 6
## **Wheely Tots**
## **Trustees' Report (continued)**
Increased connection with the local area and community
80% of survey respondents reported feeling a stronger sense of belonging to their local area after attending sessions.
“It's good to see the community outside bonding.” _Participant_
Outcomes from Moselle Community Project:
In our November 2024 survey of attendees, 93% of respondents reported feeling more connected with others since coming to the project.
Testimonials include:
“I’ve made new friends and met old ones. The group has created a ‘Community Spirit' in the area and that makes me feel very good. I guess other people experience the same feeling. I hope the Project continues through regular funding and a 'Big Thank you To The Funders'.”
“I really enjoy meeting and socialising with different people. I have learned about different cultures, which is very different from what I have read in newspapers. I’ve enjoyed making new friends from different cultures.”
“It gives me the chance to spend time with other people who enjoy each other's company, catching up with politics, game playing, bingo, crafting and just having a chance to get out the house.”
In our November 2024 survey of MCP attendees, 79% of respondents reported gaining more ways to support themselves and others since coming to the project.
A team of regular volunteers support MCP on Fridays. Their roles include: setting up; helping in the kitchen; serving food; registering people; welcoming newcomers; leading and supporting activities.
Volunteer testimonials sharing what they gain from being involved include:
“I enjoy working in the community and sharing the love.”
“I’m learning how to support people from different cultures, ages, sex and to respect and understand each other through communicating, sharing information and so on!”
## **Financial review**
Trustees are happy with the financial position at the of the reporting period.
## _**Policy on reserves**_
Wheely Tots currently has a minimum reserve of £42,000 which is set aside for future use.
Page 7
## **Wheely Tots**
## **Trustees' Report (continued)**
## _**Major risks and management of those risks**_
## _Funding climate_
The trustees recognise the challenging nature of the current funding climate and the inherent risk that the charity is not able to secure sufficient funding to continue its activities.
## **Message from the trustees**
As a community led charitable social enterprise Wheely Tots are focussed on creating healthy, confident, resilient communities. Following a challenging year in 2023-24, this year we have benefited from more stable funding which has allowed us to continue to develop our activities in and around Broadwater Farm Estate in Tottenham and to embed community-led approaches across the organisation.
We are grateful for all our funders, staff, session leaders, corporate and local volunteers and everyone that attended a session or borrowed a bike for helping us this year.
Thanks also to:
●The Henry Smith Charity and Garfield Weston Foundation for supporting our core costs
●The Haringey Regeneration and Broadwater Farm Estate teams for their ongoing support and belief in us to deliver as the anchor organisation for Broadwater Farm Estate
●The Broadwater Farm Stakeholders Group, for introductions to local residents and use of community spaces
●The residents of Broadwater Farm and beyond for supporting the Moselle Community Project and making it their own
●Lordship Community Hub for the use of the community space to store items and for inviting us to support their events
●Berkeley Homes and Estates Management team at Woodberry Down who allow us to store bikes and equipment at our family cycling showroom
●Our brilliant team of local Session Leaders for sharing their skills, co-developing and running sessions that participants enjoy attending
●The volunteers who have given their time and skills to help our small team to achieve even more.
In the coming year, we plan to continue our weekly activities while focusing on growing our bike borrowing scheme and paid for sessions to increase our earned income with a view to moving closer to our long term goal of reducing our reliance on grant funding.
Page 8
## **Wheely Tots**
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the trustees of the charity on .................... and signed on its behalf by: 24/02/26
......................................... Sudhanshu Deo Trustee
Page 9
## **Wheely Tots**
## **Independent Examiner's Report to the trustees of Wheely Tots**
## **Independent examiner’s report to the trustees of Wheely Tots**
I report to the trustees on my examination of the accounts of Wheely Tots (the Charity) for the year ended 30 April 2025.
## **Responsibilities and basis of report**
As the trustees of the charity 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 Charity’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 examiner’s statement**
Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Chartered Institute of Public Finance and Accountancy (CIPFA), which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting 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.
......................................
Eva Stevens, BSc, CPFA, employee of Community Accounting Plus member of the Chartered Institute of Public Finance and Accountancy (CIPFA)
Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Date:............................. 25/02/26
Page 10
## **Wheely Tots**
## **Statement of Financial Activities for the Year Ended 30 April 2025**
|**Note**
**Income and Endowments from:**
Donations and legacies
2
Charitable activities
3
Total Income
**Expenditure on:**
Charitable activities
5
Total Expenditure
Net income/(expenditure)
Gross transfers between funds
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
14|**Unrestricted**
**£**
33,204
-
33,204
(29,917)
(29,917)
3,287
5,241
8,528
74,309
82,837|**Restricted**
**£**
-
237,736
237,736
(177,280)
(177,280)
60,456
(5,241)
55,215
25,000
80,215|**Total**
**2025**
**£**
33,204
237,736
270,940
(207,197)
(207,197)
63,743
-
63,743
99,309
163,052|**Total**
**2024**
**£**
43,053
227,790|
|---|---|---|---|---|
|||||270,843|
|||||(274,334)|
|||||(274,334)|
|||||(3,491)
-|
|||||(3,491)
102,800|
|||||99,309|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 14.
The notes on pages 14 to 23 form an integral part of these financial statements. Page 11
## **Wheely Tots**
## **Statement of Financial Activities for the Year Ended 30 April 2025 (continued)**
## **These are the figures for the previous accounting period and are included for comparative purposes**
|**Note**
**Income and Endowments from:**
Donations and legacies
2
Charitable activities
3
Total Income
**Expenditure on:**
Charitable activities
5
Total Expenditure
Net income/(expenditure)
Gross transfers between funds
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
14|**Unrestricted**
**£**
43,053
-
43,053
(9,351)
(9,351)
33,702
(10,491)
23,211
51,098
74,309|**Restricted**
**£**
-
227,790
227,790
(264,983)
(264,983)
(37,193)
10,491
(26,702)
51,702
25,000|**Total**
**2024**
**£**
43,053
227,790|
|---|---|---|---|
||||270,843|
||||(274,334)|
||||(274,334)|
||||(3,491)
-|
||||(3,491)
102,800|
||||99,309|
The notes on pages 14 to 23 form an integral part of these financial statements. Page 12
## **Wheely Tots**
## **(Registration number: 1161237) Balance Sheet as at 30 April 2025**
|**Note**
**Fixed assets**
Tangible assets
10
**Current assets**
Debtors
11
Cash at bank and in hand
12
**Creditors: Amounts falling due within one year**
13
**Net current assets**
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
14
**Unrestricted income funds**
Unrestricted funds
**Total funds**
14|**2025**
**£**
19,735
2,935
150,482
153,417
(10,100)
143,317
163,052
80,215
82,837
163,052|**2024**
**£**
17,329
13,755
73,108|
|---|---|---|
|||86,863
(4,883)|
|||81,980|
|||99,309|
|||25,000
74,309|
|||99,309|
The financial statements on pages 11 to 23 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by: 24/02/26
......................................... Sudhanshu Deo Trustee
The notes on pages 14 to 23 form an integral part of these financial statements. Page 13
## **Wheely Tots**
## **Notes to the Financial Statements for the Year Ended 30 April 2025**
## **1 Accounting policies**
## **Statement of compliance**
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Basis of preparation**
Wheely Tots meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Exemption from preparing a cash flow statement**
Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows within the financial statements.
## **Going concern**
The financial statements have been prepared on a going concern basis.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Donations and legacies**_
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregates similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Page 14
## **Wheely Tots**
## **Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)**
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
|**Asset class**|**Depreciation method and rate**|
|---|---|
|Bicycles|20% Straight line|
|IT Equipment|33% Straight line|
|General Equipment|20% Straight line|
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Trade creditors**
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Page 15
## **Wheely Tots**
## **Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)**
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **Pensions and other post retirement obligations**
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
## **2 Income from donations and legacies**
|Donations and legacies;
Donations from individuals
Gift aid reclaimed
Grants, including capital grants;
Grants from companies
**3**
**Income from charitable activities**
Grants|**Unrestricted**
**funds**
**General**
**£**
32,152
1,052
-
33,204
**Restricted**
**funds**
**£**
237,736|**Total**
**2025**
**£**
32,152
1,052
-
33,204
**Total**
**2025**
**£**
237,736|**Total**
**2024**
**£**
36,296
757
6,000|
|---|---|---|---|
||||43,053|
||||**Total**
**2024**
**£**
227,790|
Page 16
## **Wheely Tots**
## **Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)**
|**4**
**Grants and donations**
Henry Smith Foundation
Garfield Weston
Go London
Mercers Company Foundation
London Marathon Foundation
Duke of Edinburgh Awards
DCK Construction Ltd
Action Funder Ltd
Groundwork
Lea Valley Park
Charles S French Charitable Trust
London Catalyst Project Grant
Skipton Charitable Trust
Grange Farm Trust
Hedley Foundation
Field Family Trust
Active Change Haringey
Clarion Futures
London Borough of Haringey
Bentley Advancing Life Chances
Individual donations
HMRC Gift aid|**Unrestricted**
**funds**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
32,152
1,052
33,204|**Restricted**
**funds**
**£**
55,000
30,000
28,444
26,000
25,000
9,819
8,000
5,000
4,999
4,950
4,814
3,814
3,900
3,300
3,000
2,000
1,564
1,000
750
496
15,886
-
237,736|**Total funds**
**£**
55,000
30,000
28,444
26,000
25,000
9,819
8,000
5,000
4,999
4,950
4,814
3,814
3,900
3,300
3,000
2,000
1,564
1,000
750
496
48,038
1,052|
|---|---|---|---|
||||270,940|
## **5 Expenditure on charitable activities**
|Admin
Depreciation
People
Premises
Other|**Unrestricted**
**funds**
**General**
**£**
7,465
6,833
13,209
1,224
1,186
29,917|**Restricted**
**funds**
**£**
6,769
1,711
162,142
2,094
4,564
177,280|**Total**
**2025**
**£**
14,234
8,544
175,351
3,318
5,750
207,197|**Total**
**2024**
**£**
13,565
6,354
241,812
4,615
7,988|
|---|---|---|---|---|
|||||274,334|
Page 17
## **Wheely Tots**
## **Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)**
## **6 Net incoming/outgoing resources**
Net incoming/(outgoing) resources for the year include:
|Depreciation of fixed assets
**7**
**Staff costs**
The aggregate payroll costs were as follows:
**Staff costs during the year were:**
Wages and salaries
Social security costs
Pension costs|**2025**
**£**
8,544
**2025**
**£**
131,337
6,202
2,502
140,041|**2024**
**£**
6,354|
|---|---|---|
|||**2024**
**£**
154,992
7,637
2,896|
|||165,525|
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
|the year was as follows:|||||
|---|---|---|---|---|
||**2025**||**2024**||
||**No**||**No**||
|Staff||6||7|
6 (2024 - 7) of the above employees participated in the Defined Contribution Pension Schemes.
Contributions to the employee pension schemes for the year totalled £2,502 (2024 - £2,896).
The number of employees whose emoluments fell within the following bands was:
|£60,001 - £70,000|**2025**
**No**
1|**2024**
**No**
1|
|---|---|---|
The total employee benefits of the key management personnel of the charity were £74,144 (2024 - £74,678).
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## **Wheely Tots**
## **Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)**
## **8 Independent examiner's fees**
During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus are analysed as follows:
|Independent examination
Other financial services|**2025**
**£**
910
180
1,090|**2024**
**£**
875
-|
|---|---|---|
|||875|
## **9 Taxation**
The charity is a registered charity and is therefore exempt from corporation taxation.
## **10 Tangible fixed assets**
|**Cost**
At 1 May 2024
Additions
At 30 April 2025
**Depreciation**
At 1 May 2024
Charge for the year
At 30 April 2025
**Net book value**
At 30 April 2025
At 30 April 2024|**General**
**equipment**
**£**
-
2,395
2,395
-
479
479
1,916
-|**Computer**
**equipment**
**£**
6,009
-
6,009
4,006
2,003
6,009
-
2,003|**Bicycles**
**£**
30,014
8,555
38,569
14,688
6,062
20,750
17,819
15,326|**Total**
**£**
36,023
10,950|
|---|---|---|---|---|
|||||46,973|
|||||18,694
8,544|
|||||27,238|
|||||19,735|
|||||17,329|
## **11 Debtors**
|Trade debtors
Prepayments
Other debtors|**2025**
**£**
175
2,760
-
2,935|**2024**
**£**
1,815
2,378
9,562|
|---|---|---|
|||13,755|
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## **Wheely Tots**
## **Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)**
## **12 Cash and cash equivalents**
|Cash on hand
Cash at bank
**13 Creditors: amounts falling due within one year**
Trade creditors
Other taxation and social security
Other creditors
Accruals
**14 Funds**
**Balance at 1**
**May 2024**
**£**
**Incoming**
**resources**
**£**
**Unrestricted funds**
**_General_**
General
71,309
33,204
Foodbank
3,000
-
74,309
33,204
**Restricted funds**
Connecting Well
5,000
-
Moselle Community Project
-
82,196
Cooking on a budget
635
-
Family Bike Club
9,195
-
London Youth Games
1,000
-
Your Bike Project
9,170
-
Core cost
-
85,000
Walking and Cycling
-
70,540
**Total restricted funds**
25,000
237,736
**Total funds**
99,309
270,940|**Resources**
**expended**
**£**
(29,917)
-
(29,917)
(6,603)
(37,281)
(635)
(8,422)
(1,000)
(9,170)
(60,022)
(54,147)
(177,280)
(207,197)||**2025**
**£**
384
150,098
150,482
**2025**
**£**
2,358
1,277
5,725
740
10,100
**Transfers**
**£**
5,241
-||**2024**
**£**
165
72,943|
|---|---|---|---|---|---|
||||||73,108|
||||||**2024**
**£**
1,879
-
1,759
1,245|
||||||4,883|
||||||**Balance at**
**30 April**
**2025**
**£**
79,837
3,000|
||||5,241||82,837|
||||||-
44,915
-
-
-
-
24,978
10,322|
||||||80,215|
||||||163,052|
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## **Wheely Tots**
## **Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)**
The specific purposes for which the funds are to be applied are as follows:
Connecting Well - Developing community based activities around walking, cycling and food provision. Moselle Community Project - Develop and run associated activities.
Cooking on a budget - Developing Moselle Community Project sooking on a budget sessions. Family Bike Club - weekly sessions.
London Youth Games - cycling participation for young people.
Your Bike Project - for young people in and around Broadwater Farm. Moselle Community Project - Developing Moselle Community Project and associated activities. Core cost - Funding from The Henry Smith Charity and Garfield Weston to cover core costs. Walking and Cycling - Walking and cycling activities.
These funds related to the previous year:
Moselle Community Project - Developing Moselle community food project and associated activities. Bushcraft - Bushcraft sessions for local families.
Volunteers at Moselle Community Project - Developing Moselle Community Project and associated activities and supporting volunteers.
Cool Space - Developing Moselle Community Project and associated activities by creating a summer time cool space.
Primary School Cycling - Cycling sessions for local primary schools. Social Prescribing Cycling - Cycling activities for families as part of social prescribing project.
The transfer from the Family Bike Club and Waling and Cycling Activities funds to the General fund represents the net book value of fixed assets, the use of which is not subject to any restriction.
The transfer from the General fund to the Connecting Well fund is to cover the deficit on this activity.
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## **Wheely Tots**
## **Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)**
|**Unrestricted funds**
**_General_**
General
Foodbank
**Restricted**
Connecting Well
Moselle Community Project
Bushcraft
Moselle Community Project
Cooking on a budget
Volunteers at Moselle
Community Project
Family Bike Club
Cool Space
Primary School Cycling
London Youth Games
Your Bike Project
Social Prescribing Cycling
**Total restricted funds**
**Total funds**|**Balance at 1**
**May 2023**
**£**
51,098
-
51,098
10,126
41,036
540
-
-
-
-
-
-
-
-
-
51,702
102,800|**Incoming**
**resources**
**£**
36,613
6,440
43,053
100,010
18,605
-
5,066
8,510
33,000
11,381
1,050
30,000
4,227
13,141
2,800
227,790
270,843|**Resources**
**expended**
**£**
(7,610)
(1,741)
(9,351)
(95,188)
(80,076)
(540)
(5,066)
(7,875)
(33,000)
(4,189)
(1,050)
(28,001)
(3,227)
(3,971)
(2,800)
(264,983)
(274,334)|**Transfers**
**£**
(8,792)
(1,699)
(10,491)
(9,948)
20,435
-
-
-
-
2,003
-
(1,999)
-
-
-
10,491
-|**Balance at**
**30 April**
**2024**
**£**
71,309
3,000|
|---|---|---|---|---|---|
||||||74,309|
||||||5,000
-
-
-
635
-
9,195
-
-
1,000
9,170
-|
||||||25,000|
||||||99,309|
Page 22
## **Wheely Tots**
## **Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)**
## **15 Analysis of net assets between funds**
## **Unrestricted**
|Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets|**General**
**£**
19,735
73,202
(10,100)
82,837
**Unrestricted**
**General**
**£**
17,329
60,618
(3,638)
74,309|**Restricted**
**£**
-
80,215
-
80,215
**Restricted**
**£**
-
26,245
(1,245)
25,000|**2025**
**Total funds**
**£**
19,735
153,417
(10,100)|
|---|---|---|---|
||||163,052|
||||**2024**
**Total funds**
**£**
17,329
86,863
(4,883)|
||||99,309|
## **16 Related party transactions**
There were no related party transactions in the year.
## **17 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
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