Cycling for All
Annual Report
2023/24
61 H•ven Aoad, Exrt•r. EX2 8DP
InfoQvKJeoniyclitiz.oii
egistered Qharity numbei 11 i4Q'.

Ride On- Cycling for All
Charity Number 1174055
Charity Information
Charlty Address:
61 Haven Road
Exeter
EX2 8DP
Trustees:
Nic Eversett (Chairl
steve Morgan (Treasurer)
David Riddell (Volunteers)
Matt Atkinson (Operations)
Heather Baker (Operations)
Louise Clark {Marketingl
Mike Walton
Gene Smallridge
lan Martin (appointed 24 June 20241
Niamh O'mahony (appointed 23 September 20241
Bankers:
Nat West plc
Independent Examlners:
Thompson Jenner LLP
I Colleton Crescent
Exeter
Devon
EX2 4DG
Page 1

Thanks to our partners, funders and supporters at
Active Devon
Action For Children
CAG Devon
Colab
Cycling UK
Devon and Cornwall Police
Devon County Council
Exeter City Council
Exeter Community Initiatives
Exmouth Town Council
Inspiring Arts in Exwick
Stjames School
St Sidwell's Community Centre
The NHS
The University of Exeter
Page 2

Foreword from Chairman
In last year's report I wrote about the risk of our site being developed as housins and the
need for us to find a new home. The developer looking at our site has now folded, and the
project has been mathballed. We still have a six-month break clause in our lease. and ifs
not impossible that another developer moves in but, for now, the axe has been lifted.
This has still been a year of challenges, as it has for many organisations. High inflation rates
have caused our costs to soar, as it has in all organisations. Values based charities like ours
are passionate about looking after their staff, which has meant a significant increase in our
payroll. These increases have also been felt by our suppliers, who have put up their prices
too. Thankfully, we have manased to keep our heads above water again.
Cycling remains a fantastic way to travel cheaply. and as a result the demand for our
quality refurbished bikes has not diminished. Despite people having Sess money in their
pockets Ride On put a fantastic 882 bikes back into use, an increase of 10% on 22123. We're
delighted to be able to help so many people access affordable bikes at a time of financial
need.
Alongside this. our relationships and partnersh ips have continued to grow. We now work
with Active Devon to provide bikes for adult cycle confidence sessions on a weekly basis,
we've agreed a new project with Exeter City Council to set u p a bike workshop at St
Sidwell's Community Centre. we have expanded our ride program with the NHS, and
continued our work in Barnstaple with Action For Children. Partnerships are the future for
everyone in the charitable sector.
The funding environment has contin Ljed to be difficult. Our grant and corporate donations
ontinued to dry up, and we were sad that Exeter Community Initiatives were forced to
close the Bike Bank program, which we have delivered with them for 3 years.
As a result our income dropped slightly again, to £170k. Our usual tight focus on spending
meant we were able to increase our surplus to almost £9k, an increase of roughly £8k. This
will help us to cope with another increase in costs next year.
Last year I said our priorities were io secure our site, and to remain in control of our
finances. Whilst the news regarding our site is down to good fortune, I'm pleased to report
that the team delivered on both of these.
Page 3

Next year the challenges remain similar. We need to secure a long term site for the charity.
remain financially robust, but we also need to develop our use of technology and data, to
help us expand howwe report on our socia1 impact.
I'd like to thank my fellow trustees, our staff, our volunteers, and the people who donate
their bikes, for another excellent year.
Nic Eversett (Chair of the Trustee Board)
Total bikes recycled: 6056
lQCW)
750
250
2016
IQ17
structure and Govemance
The Trustees are presenting their seventh report and financial statements for the
Charitable Incorporated Organisation ICIOI, charity number 1174055. The charity uses Xero
for management accounting purposes, an online cloLJd-based accounting so￿are, under
the guidance of Thompsonjenner LLP.
Ride On is managed by its board of trustees, who meet at least six times each year. Rosie
Denham stepped down as trustee during the year. we were grateful for her excellent
advice and support. Our trustees were joined by Mike Walton and Gene Smallridge.
Toby Oakes left his role as mechanic to go travelling, after making an excellent contribution
to the charity over the years. Sunny Picken successfully completed his apprenticeship and
was appointed mechanic. Marshall Roper-Lowe joined us as a trainee Mechanic.
Page 4

Objectives and Activltles
The trustees confirm that they have complied with their duty to have due regard to the
guidance on public benefit published by the Charities Commission. The trustees are
confident that the airns and objectives of the charity deliver clear benefits to the public.
These benefits include..
Collecting unwanted bikes, refurbishing them and donating them to local
community and voluntary groups, and to those on state benefits who cannot
purchase a bike.
Promoting the conservation, preservation and protection of the environment by
recycling and reducing waste frorn the workshop operation.
supporting.on bike" cycle training for people aged 3 years upwards.
Developing community cycling groups who will then go on to be self-supporcing.
Offering bike maintenance courses and education schemes across the full age
spectrum.
Working with Probation. HMP. Police and Social SeNices in rehabilitation and
support to deliver restorative justice programmes in cycle maintenance, recycling
and refurbishment.
Creating cornmunity cycle workshops where any member of community can recycle,
build. repair. customise bikes, with those receiving benefits accessing most
elements for little or no charge.
Delivering mobile cycle workshop trainin& Dr Bike, to local schools, community
clubs & groups.
Providing access to and training on "All Ability" bikes, trikes and recumbents
Partnering with local not-for-profit organisations to improve efficiency.
Reserrfes
As at 31 March 2024, the charity held Unrestricted reserves of £100,80512023; £91,8671 to
be used to f urther the charity's objectives. The Trustees monitor the level of reserves to
ensure this remains appropriate for the charity.
Ride On aims to have six months of income in our reserves. This is so we can cope with the
loss of trading if we have to relocate from our current site, so that we can afford to keep
operating in the event of a downturn and if there is an emergency or other critical event.
Page 5

Rlde On- Cycling for All
Statement of Trustees, Responsibilitles
The trustees are responsible for preparing the trustees, report and the financial stalements in
accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Prackn'cel and applicable law and Tegulations.
The law applicable lo charf(ies requifes the trustees to prepare fjnancial statements for each financial
year whith give a true and lair vlew of the state of affairs of the charity and of the in¢oming resource5
and application of Tesources ol the ¢harity for that peiiod, In preparing these financial Blalements. the
trustees are required lo".
select suitable accounting policies and then apply them ¢on818tenlfy',
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent.,
state whether applicable accountsng standards have been lollowed, subject to any matefial
departures dis¢lo$ed and explairted in the financial slalements,. and
prepare the financial statements on the going concern basis unless it is Snappropriate lo presume
that the ¢harity wll continue in business.
The trustees aye responsible fo¥ keeping proper accounting records that disclose wth reasonable
accuracy at any Jme the financial posibon of the charity and enable them to ensure that the financial
ststements comply with the Charities Act 2011, the Chor¢ties (Accounts and Reports) RegLtlations 2008.
and the provisions of the consbtulion. The trustees are also responsible for safeguarding the assets ol
the charity and hen¢e tor taking reasonable steps for the Prevention and deteetton of fraud and other
irregularities.
The trustees are respongible for the maintenance and integrity ofthe corporate and financial information
included on the charitable Company's website. Legislation governing Ihe PTep8ration and disseminats'on
of financial Statements may differ from legi51alion
othei Juri8dictlon$.
Appfoved by ihe tr Slees ofthe charlty on
and slgned on Its behalf by..
Trustee
Page 6

eon-c 11
to the trustees of R
ar ended 31 March 2024
Inde
endent Examinerfs Re
For the
On-c Iln
for All
I report to the trustee5 on my examination of the accounts of Ride On- Cycling for All for the period
ended 31 March 2024.
Responslbllltles and basis of report
As the charity trustees of Ride On- Cycling for All you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 20111'the Act'l.
I report in respect of my examination of the Trust's accounts carried out under section 145 of the
2011 Acl and in carrying out my examination I have followed all the applicable directions given by the
Charity Commission under section 14515llbl of the Act.
Independent examinerfs statement
I have completed my examination. I confirm that no materlal matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect..
l. accounting records were not kept in respeci of the Trust 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 applicable requirements concerning the form and content of
accounts set out in the Charities IAccounts and Reportsl 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 wilh the examination to
which attention should be drawn in thls report in order to enable a proper understanding of the
accounts to be reached.
David Tucker FCCA
Association of Chartered Certified Accountants
I Colleton Crescent
Exeter
Devon
EX2 4DG
£02
Page 7

12 Nknnths
12 hk)nths
to 31 Mar¢h to 31 Mirch
2024
2023
Ncrte$ Unr•8trtcled R￿1￿¢￿1
INCOME & ENDOWMENTS FROM;
Donotions
charitab￿
Other TradiTrJ kli*ilies
17.121
149.045
3.1x1
1.970
19.(B1
149.045
3.150
31,X6
•¢
1￿,034
2,457
TOTAL INCOME & ENtknYMENT8
169,)18
1.970
171.288
172.898
EXPENfATURE ON..
Ge￿I8￿n9 FLn
¢h8rrtable PdNiti88
Govema
11/537
112,￿7
117,317
54,134
1,970
TOTAL EXPENCITURE
160 378
NET INCOME BEFORE TRANSFERS
8,938
Gross Tramfor8 ￿Meen Furd
NET MOVEMENT IN FUNOS
J,938
8,938
TOTAL FUNDS BROUGHT FORWARD
91,
91,￿7
TOTAL FUNCK8 CARRJED FORWARD
15
£10D
£100 805
£91
JI lletwrt￿ der￿e cortinur•J opwBknr
Th? Tr)tés on page$ l1%13form part of the firqraal statem8rt5
Page 8

ALANCE
31-Mar
2024
31-Mar
2023
Not•$
fixeDASSETS
Tangible Assets
12
2980
1,826
CURRENT ASSETS
stock
Debtors
Cash at bank and in hand
12.771
5,752
79.902
10,887
5,878
73,876
NET CURRENT ASSETS
98,425
90641
CREDITORS
Amounts tslling due wthin one year
14
600
600
600
600
Creditors falling due after more than one year
NET ASSETS
£100805
£91867
FUNDS
Unrestricted income fund
Resthcted funds
15
100.805
91,867
TOTAL FUNDS
e100 805
£91887
Trustee
Date
STEVE MORGAN, TREASURER
Th* hoté$ on pagès 10.13 form pgrt ol th0￿ *eeounts
Page 9

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Page10

G￿mIll¢+ ¢o#s
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Stotk*
Slttks of &ka*and Partè al•va1uod al lh• olctht r*al￿b￿¥*I
Funds
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Incom• ftorn Uonatlons
R¢strki•a T¢xal Fundts 7ot•l Funds
Fund#
2024
Fund•
18.197
Granls- Exlom
1 970
)970
frornCharttat4e Acllvllk•
Unrestrfet•d
Funtls
Re¥tikled Tc4al Funds Tolal Funds
Pund
Sah5 ol and P8rt¥
m9￿1￿n0n¢O &wr4es. TT•ininuand Fbro
Gfft AKJ
135.819
tl.482
135,819
11.482
IZO,247
17,079
1 701
149045
149 045
other Tradlng Actlvlllets
Uthth$trl¢iad
Fund$
II•wi¢thd T¢A•I Pund5 Totsl Funds
Funtts
2024
2023
Strap Incfrtn
Cxhgr InGo
1.255
1.255
1,507
gto
Page11

Gt*e*atlng FltrKJ
undertaktn
dlrecwy
Tot41
2024
Totsl
Slèff Cosls
113.7e6
747
113,788
747
11$.￿2
402
WoTksh0pConBu￿￿b
S37
112 637
Expgnanur•on cn*rry&ty• ACIIVITI•A
ACTIVITIÈS
ndtrt*ken
dli•¢dy
Total
T+Jtsl
19.479
4e,43&
54.134
Mamlénonca ￿j1￿￿. Trainlw and Hr•
Gown*n¢•
eookk98pMg P4yTDIICos1¥
Ind￿nd￿l Ex*r￿￿1￿
Trusle? Expthiws
Bank Crfjdit Cwd Chqrg05
PEol*ssK)n*l F@&A
320
1,775
1.775
1.489
375
73
É1.970 0023. £11.SO81 LifihA Azr￿VIl￿r(**AA tAAlrk*8d
Allot￿￿n #f Cortts
Alothod ol G•n•rwing
Apponionjnwji
Punds
Pfen*Èes n)Aint¢nanc* ahd
EknItKIty Jnd gao
Waler r4tfjs
Renl linduding hke Gtwl
Prgrpy895
Pnnlmo. Stal￿nery. poJt99•9Thl ￿off exp
T8￿phOne 8nd rfotn
Bank And rrnd¢ r4rd char
728
2,J72
387
4,30B
2,740
726
2.312
387
1,493
3,979
2,989
2,441
1,504
54Z
1,489
13
2,407
1,451
2.740
655
1.775
1.775
and tsn diÈW
IT IDtt￿l& and CMÈuft*
Tru*0•
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2024
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Page12

TAnglbl* Plx•O Au•ts
Tcollng
EqulprTrEnt
Plant ind
MKhin•ry
Rlckshaw8
Toial
Cost
A#at 1st AprH2023
A&Jrtions
risw
Asal 3151 Mwfch 2024
17.4
18.072
683
i•¢I￿￿)n
AG81161 AFrfH 2023
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16.248
1,828
Asal 31stlknh 2024
583
Net Boom VIlv•
Asgt 181 April 2023
Asal 31$1 March 2024
1 82S
13
D•btw¥
Trada Dètlors
VAT
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5,786
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14
Cr•dltNS
Amounti falllng duewtthln one yur
Accfuabs Ilndyndgnl
lalty du&4flai one year
Funds
Op*nlno
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Al 4&s8t8 aTrJ a66hr*￿ on thè 14*nco thèetare unTesliKI
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The totsl arnount of ￿nar￿lalcOmmltrnenun0t included Snthets&larKe Sheet 15£2,68012023. £2.e￿I
17
Tho BhHfdy IiCQDlrolW ty Il*lnrnlees.
Po* B•lancé Sheet E￿￿tI
ThoTOvi¢ro molot￿4 poat *hèot ¢rt•nlts
Page 13