2021-03-31-accounts

Charity Address:	Charity Address:	61 Haven Road	61 Haven Road
		Exeter
		EX28DP
Trustees:		Nic Eversett (Chair)
		Steve Morgan	(Treasurer)
		David Riddell	(Volunteers)
		Eric Berggren	(Estates)
		Matt Atkinson	(Operations)
		Heather Baker	(Operations)
		Rosie Denham	(Partnerships)
		Louise Clarke	(Marketing)
Bankers:		Nat West pic
Independent	Examiners:	Thompson Jenner LLP

Level 2 qualtfied mechanic. The average pri￿ of a new bike in the UK is £3911 Ride On still provides fantastic value for people looking to gel on 8 bike. There are two main reasons for our prices being so affordable. Firstly. the generosity of people donating bikes. and secondly our in(fedible volunteers, who donated 1,419 hours of their time, if Ride On employed paid stsff for the same time It would cosl us £14,164 in wages alone. Access to cycling for811 ages and 8￿IrtieS To minimi$e the risk from Cowd-19 did not capiure any data whilst customers were buying bikes from our shops over the last ￿1ve months. Whilst this is a missed opportunity, the charity did not have to dijse as a result of a Covid-19 outbreak on site. Pmmoling the economic and wellbeing benefits ofcyding This part of our mission reFlaces the premous point about bicycle advocacy, which was not learly defined. This new and recently amended part of our vision focuses on demonstrating the benefits of cyding by Ride On creating jobs, driving consumer spending and providing skills, as well as the public health benefits. Next year, we wll be able to provide more detail under this point. ttps'.IIvAW4.forbes.¢omlsitesleartt￿re1￿r2O21Io4r2ll1-blIIi0￿1Traddrtlona1-b1CyC1￿SaleS-generated-ln4jk- cycllno4uring-pandem￿Veal$-in￿uStry-rep￿try. sh￿bfo510ss

					12Months	12Months
					to 31 March	to 31 March
		Notes	Unrestricted	Restricted	2021	2020
			f
INCOME &ENDOWMENTS	FROM;
Donations		2	34,568		34,568	20,700
Charitable Activities		3	95,981		95,981	82,227
Other Trading Activities		4	2,469		2,469	6,061
TOTAL INCOME &ENDOWMENTS			133,618		133,018	108,988
EXPENDITURE ON;
Generating Funds		5	73,075		73,075	60,853
Charitable Activities		6	41,266		41,266	31,148
TOTAL EXPENDITURE			114341		114341	92,001
NET INCOME BEFORETRANSFERS			18,677		18,677	16,987
Gross Transfers between	funds
NET MOVEMENT IN FUNDS			18,677		18,677	16,987
TOTAL FUNDS BROUGHT FORWARDS			49,009		49,009	32,022
TOTAL FUNDS CARRIED FORWARDS		15	67686		67686	49009

Plant &machinery	20'%%d pa straight	line
Trailers and rickshaws	20'/o pa straight	line

Tangible Fixed Assets
	Plant and	Trailers and
	Machinery f	Rickshaws f	Totalf
Cost
As at 1st April 2020	583	17,489	18,072
Additions
Disposals
As at 31st March 2021	583	17,489	18,072
Depreciation
As at 1st April 2020	117	6,900	7,017
Charge for the period	117	3,498	3,615
Disposals
As at 31st March 2021	234	10,398	10,632
Net BookValue
As at 1st April 2020	466	10,589	11,055
As at 31st March 2021	349	7,091	7,440

13	Debtors						2021f	2020f
	Trade Debtors						675	780
	Gift Vouchers Receivable
	Gift Aid Receivable from HMRC						306	2,290
	Other Debtors							72
							981	3142
14	Creditors						2021f	2020f
	Amounts falling due within one year
	Accruals (Independent		Examination)				600	600
							600	600
	Amounts falling due after one year
15	Funds
				Opening	Incoming	Resources	Transfers	Closing
				Balance	Resources	Expended		Balance
				01-Apr-20f				31-Mar-21f
	Unrestricted funds			49 009	133,018	114,341		67,686
	Total unrestricted	funds		49,009	133,018	114,341		67,686
	Total restricted Funds
	Total funds			49009	133018	114341		67686