## **Trustees’ Annual Report for the period 1[st] April 2020 to 31[st] March 2021**
## **Charity name: Maidenhead Cycle Hub**
## **Charity registration number: 1164172**
## **Objectives and Activities**
To provide bicycles to residents and visitors to the Royal Borough of Windsor and Maidenhead, to promote community participation in cycling, to advance the education and training of young unemployed people and to preserve and protect the natural environment by reconditioning bicycles.
Key activities undertaken to support these objectives:
- ●Refurbishing donated bikes, which are offered to local residents at costeffective prices to lower the cost of owning a bike
- ●Providing bicycle servicing to local residents so they are safer to ride
- ●Providing a shop in Maidenhead town centre for the sale of bikes and accessories and provision of information about local cycling.
- ●Organising and promoting organised rides for local residents to encourage them to cycle more and increase knowledge of local routes
- ●Attending local events to promote cycling and offer corporate Dr Bike maintenance checks
- ●All our bikes are donated by local residents or received as abandoned bikes from the police or rail stations. This reduces the number of unused bikes and minimises the number of bikes sent to landfill.
We recognise the contribution made by volunteers in leading organised rides, staffing our shop and assisting in the workshop.
We confirm the trustees have had regard to the Charity Commission’s guidance on public benefit.
## **Achievements and Performance**
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2020-2021 2019-20
Bikes refurbished 278 215
Bikes serviced 336 168
Organised rides 6 17
Volunteer hours 2650 1694
Dr Bike days 6 days (115 1
participants)
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## **Financial Review**
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Review of the charity’s Para 1.21
financial position at the
end of the period
Statement explaining Para 1.22 Maidenhead Cycle Hub seeks to hold
the policy for holding three months worth of salaries and
reserves stating why premises costs to cover for
they are held unexpected decline in income
Amount of reserves held Para 1.22 £8,926
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund Para 1.24 N/A
materially in deficit
Explanation of any Para 1.23 N/A
uncertainties about the
charity continuing as a
going concern
Additional information (optional)
You may choose to include further statements where relevant about:
Sales of refurbished bikes
Income from servicing
The charity’s principal Trading income from corporate
sources of funds partners
(including any Para 1.47
Philanthropic support to enable
fundraising)
organisation of Dr Bike sessions
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## **Structure, Governance and Management**
Maidenhead Cycle Hub is a Charitable Incorporated Organisation. The governing document is a Memorandum and Articles of Association incorporated 29th October 2015.
The governing body of the charity is the Board of Trustees, members of whom are set out below. The appointment of a new trustee takes place after due consideration from both parties, to ensure a good strategic fit, and typically after the prospective trustee has supported MCH as a volunteer. New trustees are briefed on their legal obligations under charity law, the content of the Memorandum and Articles of Association and recent financial performance of the charity.
## **Reference and Administrative details**
Maidenhead Cycle Hub
Charity name
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Other name the charity MCH
uses
Registered charity 1164172
number
Charity’s principal Ground Floor, Unit 3, 48 Bell St, Maidenhead SL6
address 1BR
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## **Names of the charity trustees who manage the charity**
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Trustee name Office (if any) Dates acted if not for whole year
1 Luke McCarthy Chair
2 David Dyer Treasurer
3 Mark Hansford
4 Sarah London
5 Chris Hopper Appointed September 2020
Marta Solana Cruz Appointed September 2020 (to
6
Jan 2021)
7 Karen Barrass Appointed March 2021
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## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
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Signature(s)
Full name(s) Karen Barrass
Position (eg Secretary, Chair
Chair, etc)
Date
17.1.22
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Maidethdd
CYCLEHUB
**N 1**
## **Charity Name MAIDENHEAD CYCLE HUB**
## **Receipts and payments acco**
Period start date
## **For the period from**
**To**
Apr 1, 20
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Section A Receipts and payments
Unrestricted Restricted Endowment
to the nearest funds funds funds
to the nearest £ to the nearest £
£
A1 Receipts
Donations 6,813 - -
Sales Income 35,963 - -
Premises Waldeck House 33,000 - -
Premises Town Centre Shop - -
Other Income 6,798 - -
- - -
- - -
- - -
Sub total (Gross income for AR) 82,574 - -
(see table).
- - -
- - -
Sub total - - -
Total receipts 82,574 - -
A3 Payments
Direct Costs of Sales 5,459 - -
Accounts and Legal - -
Advertising - -
Employee Costs 24,479 - -
Travel - -
General Office 1,012 - -
Premises 37,405 - -
Interest 53 - -
Subcontractor 7,010 - -
Sub total [ 75,418 ] - -
A4 Asset and investment
- - -
- - -
Sub total [ - ] - -
Total payments [ 75,418 ] - -
Net of receipts/(payments) [ 7,156 ] - -
A5 Transfers between funds - - -
A6 Cash funds last year end 1,770 - -
Cash funds this year end [ 8,926 ] - -
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CCXX R1 accounts (SS)
01/28/2022
1
|**Section B Statement**|**of assets and liabilities**|**at the end of**|
|---|---|---|
|**Categories**|**Details**|**Unrestricted**|
|**B1 Cash funds**|Bank Balance
**_Total cash funds_**|**to nearest £**
**8,926**
**-**
**-**
**8,926**|
||(agree balances with receipts and payments
account(s))|OK
|
|||**Unrestricted**|
|||**funds**|
|**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**|**Details**
**Details**
**Details**|**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**|
|**charity’s own use**|||
|**B5 Liabilities**|**Details**|**Fund to which**|
CCXX R2 accounts (SS)
2
01/28/2022
Signed by one or two trustees on
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Signature Print N
Luke McC
David
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CCXX R3 accounts (SS)
3
01/28/2022
## **o (if any) 164172 ounts CC16a**
Period end date
Mar 31, 21
**Total funds Last year to the nearest £ to the nearest £**
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6,813 1,348
35,963 34,637
33,000 12,000
- 18,000
6,798 11,147
- -
- -
- -
82,574 77,132
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**----- Start of picture text -----**
-
- -
- -
82,574 77,132
5,459 5,144
-
-
24,479 21,927
-
1,012 824
37,405 35,908
53
7,010 14,521
75,418 78,324
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**----- Start of picture text -----**
-
-
- -
75,418 78,324
7,156 - 1,192
- -
1,770 2,962
8,926 1,770
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CCXX R4 accounts (SS)
01/28/2022
4
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the period
Restricted Endowment
to nearest £ to nearest £
- -
- -
- -
- -
OK OK
Restricted Endowment
funds funds
to nearest £ to nearest £
- -
- -
- -
- -
- -
- -
Current value
Cost (optional)
(optional)
- -
- -
- -
- -
- -
Current value
Cost (optional)
(optional)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Amount due When due
-
-
-
-
-
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CCXX R5 accounts (SS)
01/28/2022
5
Date of Name approval Carthy Dyer
CCXX R6 accounts (SS)
6
01/28/2022
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