Cycling for All Annual Report 2024/25 61 Haven Road. Exeter. EX2 8DP infgerileo_ycILfixQrS Pc%isterecl ChJrits' nun..btr". 1114L.5
Ride On - Cycling for All Charity Number 1174055 Charity Information Charity Address: 61 Haven Road Exeter EX2 8DP Trustees: Mike Walton (Chair) Lee Bingham (Treasurer- appointed 29 May 2025) Matt Atkinson (Operations) Heather Baker (Operations) Alistair Macintosh (appointed 6 June 2025) Nicola Wheeler (appointed 31 May 2025) Niamh O'mahony (appointed 23 September 2024) Steve Morgan Louise Clark (resigned 30 May 2025) lan Martin (appointed 24 June 2024, resigned l Dec 24) Gene Smallridge (resigned 2 May 2025) Nic Eversett (resigned 24 January 2025) David Riddell (resigned 26 April 2025) Bankers: Nat West plc Independent Examiners: Thompson Jenner LLP I Colleton Crescent Exeter Devon EX2 4DG
Ride On - Cycling for All Trustees Report 2024125 continued to be a year of growth for Ride On. Despite challenges across the wider cycling industry, demand for high-quality refurbished bikes remained strong. The effects of inflation have made life increasingly difficult for many. so we worked hard to keep our bikes affordable while increasing supply. During the year. we refurbished 784 bikes, including 173 children's bikes. We also made better use of donated bikes requiring more extensive restoration, finding new owners for a further 109 bikes through our partnerships and individual referrals. With the conclusion of the Bike Bank project in the previous year, we saw an overall reduction in our training and outTeach activity. In response, we introduced a programme of commercial training and delivered several Dr Bike events. providing free safety checks to members of the public. Our popular Bring Your Own Bike (8YOB) sessions continued to thrive, and we expanded the offer to include Sunday mornings to ensure more people could access our workshop. affordable parts, and friendly advice. We also launched a new project funded by Live and Move, building on the success of our earlier work in St James. This initiative aimed to engage new communities through a partnership with St Sidwell's Community Centre, where we set up a pop-up bike workshop above their community bakery. Participants received a free bike, hands-on maintenance training, and on-road cycling sessions through Active Devon's network. The project proved to be a real success. bringing meaningful and lasting benefits to the participants who now use their bikes to travel more independently and confidently. One of our longest standing volunteers, Adrian, was awarded Volunteer of the Year by Exeter Sustainability awards in recognition of his 9 years of weekly volunteering. This year he has been joined by a large number of new volunteers. To help support their development. we also developed a Volunteer Progression Programme that we're rolling out. Financially, we strengthened our position by implementing our Gift Aid process, which now makes a meaningful contribution to our income by allowing us to reclaim tax on donated bikes. Combined with increases in bike sales and fundraising activity, this helped us raise our total unrestricted reserves to £135,341 by year end (up from £100,805 last year).
Towards the end of the financial year, Will Page, our Head of Charity, announced his decision to step down from his role. On behalf of the team, trustees, and the wider Ride On community, we thank Will for his time, leadership, and commitment to the charity over the years. Following his departure, Sam White stepped up as Interim Head of Charity before being appointed permanently in September 2025. Having first joined Ride On as a volunteer ten years ago, Sam has since held several key positions within the organisation. including Mechanic, Workshop Manager, and most recently. Training and Outreach Manager. Importantly, the Trustees and staff took some time to revisit and refresh our overall strategy. We recommitted ourselves to empowering people with confidence and new skills. building a welcoming community and spreading the joy of cycling. Refurbishing bikes will remain the core of Ride On's work and we intend to grow our outreach work like the women's workshop, BYOB and developing more school work. We welcomed a number of new trustees to the team. We are also grateful to those trustees stepping down this year for the time and energy they have given to Ride On - Nic Eversett, lan Martin. Looking ahead, the charity remains focused on strengthening its community impact. improving our impact measurement. and will be exploring opportunities to secure a long-term, sustainable premises for our work in Exeter. Structure and Governance The Trustees are presenting their report and financial statements for the Charitable Incorporated Organisation (CIO), charity number 1174055.The charity uses Xero for management accounting purposes, an online cloud-based accounting software, under the guidance of Thompson Jenner LLP. Ride On is managed by its board of trustees, who meet at least six times each year.
Objectives and Activities 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 aims 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 from 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-supporting. Offering bike maintenance courses and education schemes across the full age spectrum. Working with Probation, HMP, Police and Social Services in rehabilitation and support, to deliver restorative justice programmes in cycle maintenance, recycling and refurbishment Creating community 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 training, Dr Bike, to local schools, community clubs & groups. Providing access to and training on 'AII Ability. bikes, trikes and recumbents Partnering with local not-for-profit organisations to improve efficiency Reserves As at 31 March 2025, the charity held Unrestricted reserves of £135,341 (2024: £100,805) to be used to further the charity's objectives. The Trustees monitor the level of reseTves 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's an emergency or other critical event.
Ride On - Cycllng for All Statement of Trustees. Responslbllltles 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 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 forthat 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 th trustees of the charity on and signed on its behalf by: Trustee
Ride On- C clln for All endent Examinerfs Re rt to the trustees of Ride On- For the ear ended 31 March ZO25 Inde lin for All I report to the trustees on my examination of the accounts of Ride On - Cycling for All for the period ended 31 March 2025. Responsibilities 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,). I report in respect of my examination of the Trusys 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(5llbl of the Act. Independent examinerfs statement I have completed my examination. I confirm that no material 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 respect of the Trust as required by sertion 130 of the Act; or 2. the accounts do not accord with those records; or 3. the account5 do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the account5 give a 'true and fair view which Is not a matter consldered as part of an Independenc 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. David Tucker FCCA Association of Chartered Certifi'ed Accountants I Colleton Crescent Exeter Devon EX2 4DG
RIDE N-CY Ll ALL STATEMENT OF FINANCIAL ACTMfiES FOR THE YEAR EN IN CH 2025 12 Monthx 12 Months to 31 March to 31 March 2025 2024 INCOME & ENDOWMENTS FROPA; Grants arml D¢xJalk Charitat4e Actywties Other Trading Activitie¥ 45.204 163,080 18.669 61.873 163,080 6.533 19,091 149,045 3,150 TOTAL INCOME & ENDOWMENTS 214.817 16.669 231.486 171.286 EXPENDITURE ON: Generating Funds Charitslk Acbvitios Goveman TOTAL EXPENDrruRE 125.465 125,465 50,096 4,720 112,537 46,438 3,373 162,348 4.720 180,281 NET INCOME BEFORE TRANSFERS 16,669 51.205 8,938 Gross Transler5 bel*Een FurKIs NET MOVEMENT IN FUNDS 16.669 51.205 TOTAL FUNDS BROUGHT FORWARD 100.805 100.805 91,867 TOTAL FUNDS CARRIED FORWARD 15 £135 341 £152 010 £100 805
BALANCE SHEET AS AT 31 MARCH 2025 314ar 2025 31-Mar 2024 Notes FIXED ASSErs Tangible Assets 12 2.980 2,980 2.384 CURRENT ASSETS Stoc Debtors Cash at bank and in hand 14,807 3,375 132.344 12.771 5.752 79.902 13 NET CURRENT ASSETS 150.526 98.425 CREDITORS Amounts falling due vfithin one year 14 900 600 900 600 Creditors falling due after rn0 than one year NET ASSETS £152 010 £100 805 FUNDS Unrestricted income fund Restncted funds 15 15 135,341 16,669 100,805 TOTAL FUNDS £100 805 These accounts wEre appr(yved by the trustees on and signed on their behalf by.. Trustse AM, TREASURER The notes on pages 9 to 12 form part ol these accounts
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rgCO3nised as delttred ClN. Tangl1 Flx•d Assrt• Ir¢sual fix assets Lwtirg £5( c¢ ne are ini8tyTwd8d at o Tcding Ewiynrt Fixiuros & Frt 33.YA pa slrdvtht b Tfod• dfjbtorn Cash Ind Cash Equl¥l Trd• Cr•dltor• Te uedilrxs are OLWKM to pay Se$ Ihat ha¥e b8en in the tythnary of tw51rsS s¢Jpplrs. p8ya48 e d8ssffied 8s rIen1 lid'kn85 rf the db811ty ¢kns nrA have an LYKondrtKmal IWL 81 the dlhe repyw F*)d. to deler 5ettknnt d tl)e ¢yedltor Fund• Uw•atrlct•d R••trlct•d Total Fund• Totsi Fund• Fund 2025 2024 17.424 27.7 17.424 M.449 17.121 1,970 Grants. Exlwd 16.669 Incon from Ch•rltd)l• A¢tlvlUe UnT••trict•d R•stricted Totsl Funds Tthl Funds Fund• Funds 2025 2024 Sa18$ d 8IEes 89 Pwts 149.307 149.307 135.818 11,482 1,745 .427 8.427 14 Unrnltrlctsd R¢•tylct•d Tolal Funds Totsl Fund• Fund• Funds 2025 2024 1.255 734 1.761 Other Inco
•nwtlng Fund• T 2025 Totsl 2024 Stsff CLKBts 121,782 121.782 113.766 747 1,976 3.128 3.128 12 12 Tot•1 Tot•1 2024 Sokns d 8ike5 wwj 8ke Pwts 21.4 46,438 358 600 Independ{ ExaffinAI Trustee Exrwws Bank Crodit Cth Clwges 392 1.928 1.775 640 1.4C Tot•1 Totsl 1.397 1.397 726 2.312 367 4.309 2.740 808 655 1.775 1.8 2.978 Eledri¢)ty aThJ 985 W8ler rnt•s Rent lincknlry tsik¢ •) 1¥24 2,924 732 2.575 Pn"nting. statiCery. FAlStage 8TrJ staff exps 2.575 Bank f86s and C¥Irt c8rd ( 1.928 1810 2.810 127 2.423 Slaff tr8ning and unrfi Bad de$ lte L 193 840 Professicfi81 I5 1.4(X) Ind•pd•n1 Exxln4llon 10 staff Co•1 2025 2024 Wages & Salaries Emp5 Insurw#x {1LTh alkTA7) 115,621 3.361 107.764 3.045 2.957 121782 11 Ta¥10
13 Tanqjble Fl¥ed Amel• Tooling Plant and Trailors f4NI Equ1Wrrt Mchln•ry Rkkshw• Totsl As at 1st Wl 224 AddrtIs 17.489 21.052 As at 31st Mafth X125 17.489 21052 As at 1st Arffll 2024 Charge 17.489 18.072 596 As Bt 31st 2tr25 17.489 18,668 Net Book Valu• As at 1st Awl 2024 As at 31st Marth 2tr25 2,980 13 Debtorn 2025 2024 VAT Recefvab Prepa1 91 14 Credllord oynts falllnq due wlthln on¢ > AmaLs Ilndewdent Examth)atsoil VAT Payable 202S Amrrtjnts fAWrvJ due after cfft 15 Fund• Opw¥lng kncomlng R•¥ourc•s Trnnsfws Clmlng 01wApr44 31-Mar-25 Unrgslri(1I 214.817 214.817 1.281 1,281 1(,805 135,341 T¢X81 rgslrwX•J fvrJs 16. 16.669 Totsl Fund• 15 Financial Comitinonts •nd Guarnnt• 17 Controlllny •wrtity 18 Post B•lan Slwt Evwrt• There weTe no ftwlenal w5t bHlanc• Unr•JtrfL•d R••tslet•d Tot at fvnd• 314ilar45 133.857 16,W 19).526 goo 16 UnrMtrl¢l•d Re4cted Total fund at fund• fvnd• 314lar44 2,980 98.425 600 05 Current assets Currant lrdb.lit 98.425