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Annual Report
2023/2024

# **There is no doubt these rides have** 



## **Administrative Information** 

Registered Charity No: 1183189 

Registered Address: 

Trustees: 

9 Frinton Drive, Woodford Green, IG8 9ND Samra Said (Chair) Raiyhana Noorgat (Treasurer) Zainab Arian (Secretary) Carolyn Axtell 





## **Message from our Chair & CEO** 

Assalamu alaikum, peace be with you 

We’re excited to share with you some of the highlights of a very exciting year for Cycle Sisters as we continue our journey to empower Muslim women through cycling. We’d like to extend our **heartfelt appreciation to all of our supporters** who make this possible - our partners, our funders and a special thank you to the inspiring women who volunteer as our Ride Leaders. 

We are just at the **start of a new 3 year strategy** which focuses on three goals: Reaching more women through our programmes 

- Increasing the visibility and representation of Muslim women in cycling Strengthening Cycle Sisters as a values-led, impactful and financially sustainable organisation 

We’re looking forward to going from strength to strength over the coming years, God willing, in our mission to build a **healthy, confident and connected community of Muslim women** through cycling. 



**Samra Said Sarah Javaid MBE Chair CEO** 




## **Charitable Objectives** 

Cycle Sisters’ **Charitable Objectives** as set out in our constitution are: 

- To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals, and in particular but not exclusively Muslim women, who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life. The promotion of community participation in healthy recreation for the public benefit, and in particular but not exclusively among Muslim women, by providing facilities and opportunities to participate in cycling. 

## **Statement on public benefit** 

This report clearly set out the activities, which the charity undertakes for the public benefit. The Trustees confirm that they have complied with the duty in the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission in determining the activities undertaken by the charity. 





## **Structure, Governance and Management** 

Cycle Sisters is registered as a CIO with the Charity Commission, and governed by a constitution (as amended by special resolution passed on 20th April 2023). 

In line with the constitution, Trustees are appointed by a resolution at a properly convened meeting of the charity Trustees.    There must always be a minimum of 3 Trustees.    New Trustees are given a full induction to the charity and support to understand their roles and responsibilities.  During this year, Khadijah Zaidi resigned from the Board and Raiyhana Noorgat joined as the Treasurer. 

The Board continued to provide the team with outstanding support in many areas including financial oversight, partnerships and organisational development. 

The key management personnel of Cycle Sisters are the CEO, Sarah Javaid MBE, and Operations Lead, Emma Pajarillaga.   We also have a number of other contractors delivering projects.   We have over 80 active volunteers who are trained as Ride Leaders and run our main activity of group rides, overseen by the central team.  We also work with a team of 18 qualified Cycle Instructors on a contractor basis. 






**92% said “My health is better”** 

**91% said “I feel more confident”** 

**86% said “I feel more connected to my local community”** 



## Cycle Groups 

Cycle Sisters’ core activity is running volunteer-led cycle groups for Muslim women, which offer inclusive and empowering rides.   Our rides are tailored to meet the needs of Muslim women and we welcome women from all backgrounds. 

This year, our rides took place in Ealing, Hackney, Haringey, Hounslow, Lambeth, Newham, Redbridge, Tower Hamlets, Waltham Forest and Wandsworth. 

408 457 unique 10 London rides participants boroughs 


**There isn’t another group like Cycle Sisters - it is a really unique and inclusive group with Ride Leaders that couldn’t be more supportive towards those of all backgrounds and abilities.  I wouldn’t have started cycling again without Cycle Sisters!** 



## Cycle  Lessons 

Cycle Sisters offers cycle lessons with our team of community-based cycle instructors, in partnership with local authorities and training providers.   We teach women to learn to ride a bike, as well as helping others to build confidence to cycle for transport. 

We were delighted to gain registration as a **Bikeability Provider** and plan to expand our cycle lesson provision over the coming year. 

3 new 18 instructors instructors trained in total 


**When I found out they had a Muslim instructor, I felt more comfortable with somebody from my own background teaching me.  Rabiyah** 



## Road Club 

Cycle Sisters aims to increase the representation and visibility of Muslim women at all levels of cycling. 

Our Road Club offers longer rides, introducing women to the world of road cycling, as well as providing support to train for sportives and events. 

We were proud to work with London Marathon Events to make it possible for over 120 women to participate in **RideLondon** this year, conquering 30, 60 or 100 miles! For many of the participants, this was their first opportunity to experience a sportive. 


**I’m proud of being part of Cycle Sisters. The confidence and opportunities it has given me has been beyond imagination. I only dreamt of taking part in challenges and now I’m doing it!”** 



## Smiles & Miles 

Smiles & Miles is our annual winter challenge which promotes independent cycling outside of our group rides.   Women in our network set themselves a challenge to cycle as many miles as possible during the month of February.   For the first time, this year we partnered with Brompton, Waltham Forest Council, Newham Council and Peddle My Wheels to provide free use of bikes for the challenge, making it possible for even more women to join. 

Each week had a unique theme including cycling to different Cycle Sisters’ boroughs for “Meet the Neighbours” as well as “Hills Week” and “Foodies Week.” The challenge connected women across London and motivated many to push the boundaries of what they thought they could achieve! 

222 25,752 participants miles cycled 


**I was able to cycle independently on London roads and am astonished by the number of miles I could ride.  I definitely loved the cycling atmosphere which has encouraged me to buy a bike.  Issath** 



## Teen Bikers 

This year, we expanded our Teen Bikers provision to **two new boroughs,** Redbridge and Hounslow, in addition to Waltham Forest.   Teen Bikers offers rides and lessons for teen girls aged 13-17. 

In summer and autumn 2023, we offered a series of 10 rides in Waltham Forest and Redbridge made possible by the Queens Jubilee Fund.  In January 2024, with support from Hounslow Council, we also started up rides in Hounslow. 

We were thrilled to secure funding from Go! London for a 2 year project to expand and continue our lessons and rides across these three boroughs, so that we can reach more girls and continue to inspire the cyclists of the future. 

80 39 participants rides 


**I used to ride my bike a lot.  In the last couple of years I felt really unmotivated to ride but the teens ride have given me lots of confidence and made me feel empowered by riding a bike.  Ayla** 



## Reaching under-represented groups 

We want our activities to reach the full diversity of the Muslim community and have taken steps to engage with specific communities we’ve identified as currently underrepresented. 

With the support of the Tower Hamlets GP Care Group and Bikeworks, we offered weekly group cycle sessions for Somali women in Tower Hamlets over 7 months.  Each session was supported by a ‘Community Ambassador’ who engaged with women locally and attended to provide language support. 

We’re pleased to have secured funding from Walking & Cycling Grants London to offer sessions for Turkish women in Hackney from April 2024. 

60 women 32 learnt to 1 trained as a took part cycle for the Ride Leader first time 


**I’ve always wanted to learn to cycle but never felt these opportunities were for me. When a friend told me about the Somali project, I immediately felt safe. I felt that I belonged. I told everyone about my experience after that!  Khadra** 



## Tri Sisters 

This year, we launched our new Tri Sisters project, aiming to support Muslim women to participate in triathlon (swim, bike, run).  Only 2% of British Triathlon's members are from ethnically diverse backgrounds and we want to see more representation from our communities. 

Women from our network participated in numerous events including **Challenge London Triathlon, Swim Serpentine** and the **Black Tri Tribe London Triathlon.** 

We also started delivering our first block of **women-only swimming lessons** as we identified that this is one of the key barriers to triathlon.   We’re excited to have formed a partnership with Fund Her Tri and look forward to growing this project over the next year. 


**"My world has gotten way bigger now. It started with cycling but now I am part of Tri Sisters and training for a triathlon. I would never have thought of doing something so wild in my life!" Priya** 



# **I am so grateful to have found Cycle Sisters.  Not only did I get to connect with the wonderful people in my community, it helped me break through anxiety and did wonders for my mental health.** 



## Launch of our Guides 

Cycle Sisters launched a series of guides at an online event in July 2023 to celebrate and promote cycling for diverse communities.   The 3 guides can be downloaded here: **cyclesisters.org.uk/guides.** They are targeted at different audiences: 

- Individuals looking to set up a cycle group 

- Existing groups and clubs 

- Local authorities 

The online event was attended by over 90 people from the cycling and active travel sectors and was opened with an address from Dr Will Norman, the Mayor of London's Walking & Cycling Commissioner, who talked about the important role that community groups play in diversifying cycling. 

An external evaluation of Cycle Sisters’ work, undertaken by Esther Anaya-Boig, was also launched at the event and can be downloaded here: **cyclesisters.org.uk/our-impact.** 


**Massive congratulations to everyone at Cycle Sisters for developing these brilliant guides.   It’s exactly what the country needs and so important for tackling the future challenges we all face. Dr Will Norman** 



## Media & Awards 

Alongside our cycling activities, Cycle Sisters looks for opportunities to increase the representation of Muslim women in the wider cycling world including conferences, events and media. 

Some of the highlights from this year include delivering a workshop about engaging Muslim women in cycling at the **Bikeability Trust Conference** , and featuring on I **slam Channel, BBC Radio London and Rouleur Magazine.** 

We were delighted to receive the **“Community Impact Award** ” at the London Sports Awards in March 2024. 

We are also incredibly proud of the women from within our network who have been recognised for their contribution to cycling within their communities. This includes our founder **Sarah Javaid receiving an MBE** in the King’s Birthday Honours List, our Ride Leader Yusra Nayyar receiving the **“Haringey Hero Award”** and our Project Coordinator, Sab Miah, and 3 of our Ride Leaders included on Cycling UK's **“Top 100 Women in Cycling 2023” list.** 


**I am so incredibly proud to win the London Sports Award.  All of the volunteers across London dedicate not only time but passion to the rides they lead every week. Seeing the positive impact it has on our communities really makes it all worth it.  Samra Said, Chair** 



## Volunteers 

Cycle Sisters would not be possible without our team of dedicated volunteers who run our group rides and support women in their local communities to discover the joy of cycling. 

This year, we have continued to grow our volunteer team as well as focusing on improving our training and development programme.   This has included online skills sessions on first aid and route planning, as well as a London-wide volunteer event, bringing together all the volunteers to network with each other. 

31 new 81 total 90% said volunteers volunteers volunteering trained had improved their skills 


**Ride leading with Cycle Sisters has opened many doors of opportunity for me, including paid opportunities teaching cycling in schools.  I have influenced and broken some barriers that stopped women from cycling. And now, I’m happy to see so many Muslim women cycling.   Rabia** 



## Partners & supporters 

Cycle Sisters’ achievements are only possible thanks to collaboration with a huge range of partners and supporters.   We’d like to extend our heartfelt thanks to the following organisations and individuals for their support over the past year 

A & S Cycles Lee Valley Regional Park Authority BCBN Lee Valley VeloPark Bikeability Trust London Borough of Hounslow Swim Club Bikeworks London Cycling Campaign Black Tri Tribe London Marathon Events British Cycling London Marathon Foundation Brompton London Sport CareTech Foundation Newham Council Cycle Chic Osterley Park Cycle Confident Palmers Green Mosque Cycle Spirit Peddle My Wheels Cycling Instructor Rapha Cycling UK Redbridge Council Ealing Council Safe for All CIC Esther Anaya-Boig Sport England Evolve Sported Freshwater Foundation St Stephens Health Centre Fund Her Tri Sustrans Go! London Transport for London Hackney Council Tom Moreland Hadley Property Group Tower Hamlets Council Haringey Council Tower Hamlets GP Care Group Hounslow Council Waltham Forest Council Inspire Hounslow Wandsworth Council Irfan Ahmed Wesleyan Foundation Jenna Selby Women of Colour Cycling Collective Lambeth Council Viewtube 




## Our team 


**Samra Said** Chair 


**Sarah Javaid MBE** CEO 


**Khadijah Zaidi** Book-keeper 


**Raiyhana Noorgat** Treasurer 


**Emma Pajarillaga** Operations Lead 




**Zainab Arian** Secretary 

**Carolyn Axtell** Trustee 



**Sab Miah** Project Coordinator 

**Deryn Ellis** Comms & Media Lead 



**Seema Jadwet Rukaiya Moola** Mentor Mentor 

**Mariam Ahmed** Admin Coordinator 



## Financial review 

## **Overall** 

Cycle Sisters continues in a position of financial strength at the end of this year, with our overall income level remaining stable.  We saw an increase of 21% in income from Trusts & Foundations.   This includes the first instalment of a new three year contract for further capacity building work from London Marathon Foundation, who remain our largest funder. A number of grants were received towards the end of this financial year, and are to be spent in the following financial year. 

## **Fundraising** 

We have continued to work to diversify our income streams as one of our strategic priorities.   Over £11,000 was generated through fundraising events, including our annual winter challenge, Smiles & Miles, and external events such as RideLondon.  We have also worked on building corporate partnerships, with several new partnerships due to begin in the next financial year. 

## **Reserves** 

We ended the year with reserves of approximately 6 months’ operational costs in line with our reserves policy which is reviewed by our Trustees annually. These funds have been built up through efforts to generate unrestricted income over the past few years to ensure the organisation’s financial resilience. The Trustees feel that this level of reserves represents good financial planning given the size and age of our charity, and context of our work. 





2023/2024 Accounts 

|**Contents**||
|---|---|
|**Independent Examiner's Report**|**3**|
|**Charity details**|**4**|
|**Statement of Financial Activities**|**5**|
|**Statement of Financial Activities - Prior Year**|**6**|
|**Statement Movements in Revenue & Capital funds**|**7**|
|**Income and Expenditure account**|**8**|
|**Balance sheet**|**9**|
|**Notes to the accounts**|**10 - 15**|
|**Detailed Analysis of Income & Expenditure**|**16 - 20**|
|**Activity Analysis of Income & Expenditure**|**21 - 22**|





## Independent Examiner's Report 

## **Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 31 March 2024** 

I report to the trustees on my examination of the financial statements of CYCLE SISTERS (‘the charity') for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet and related notes. 

This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed. 

## **Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report** 

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’). 

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 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, Report and Opinion** 

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: 

- Accounting records were not kept in respect of the charity as required by section 130 of the Act; or 

- 

- 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 financial statements to be reached. 

Signed: 


MISS M. GASTON - Independent Examiner 

Member of the Institute of Financial Accountants 

Barking Enterprise Centre 50 Cambridge Road Barking IG11 8FG 

This report was signed on 18 November 2023 

**3** 



Trustees' Financial Report 

The Trustees present the Accounts for the year ended 31 March 2024. 

## **The charity’s name.** 

The legal and operating name of the charity is: CYCLE SISTERS. 

## **The charity's areas of operation and UK charitable registration.** 

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1183189. 

The charity does not operate in any overseas jurisdictions. 

## **Legal structure of the charity** 

The charity is constituted as a Charitable Incorporated Organisation (CIO) in England & Wales. The governing document of the charity is the constitution of the CIO as approved by the Charity Commission in England & Wales (CCEW). 

There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law. 

The trustees are all individuals. 

**4** 



**Statement of Financial Activities for the year ended 31 March 2024** 

|**SORP**<br>**Ref**<br>**Income from:**<br>Donations<br>A1<br>**Total income**<br>**A**<br>**Expenditure on:**<br>Charitable activities<br>B2<br>**Total expenditure**<br>**B**<br>**Net income for the year**<br>Transfers between funds<br>**Net movement in funds**<br>**Reconciliation of funds:**<br>**E**<br>**Total funds brought forward**<br>**Total funds carried forward**|**Unrestricted**<br>**funds**<br>**2024**<br>**£**<br>16,638<br>**16,638 **<br>4,089<br>**4,089**<br>**12,549**<br>6,077<br>**18,626**<br>33,702<br>**52,328**|**Restricted**|**Total funds**|**Prior Year**<br>**Total funds**|
|---|---|---|---|---|
|||**funds**<br>**2024**<br>**£**<br>113,666<br>**113,666**<br>88,556<br>**88,556 **<br>**25,109**<br>(6,077)<br>**19,032 **<br>66,842<br>**85,874**|**2024**<br>**£**<br>**130,304**<br>**130,304**<br>**92,645**<br>**92,645**<br>**37,658**<br>**-**<br>**37,658 **<br>**100,544**<br>**138,202**||
|||||**2023**|
|||||**£**|
|||||115,743|
|||||**115,743**|
|||||61,589|
|||||**61,589**|
|||||**54,154**<br>-|
|||||**54,154**|
|||||**46,390 **|
|||||**100,544**|



The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet. 

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses. 

All activities derive from continuing operations 

The notes attached on pages **10** to **15** form an integral part of these accounts. 

**5** 



**Analysis of prior year total funds, as required by paragraph 4.2 of the SORP** 

|**SORP**<br>**Ref**<br>**Income from:**<br>Donations<br>A1<br>**Total income**<br>**A**<br>**Expenditure on:**<br>Charitable activities<br>B2<br>**Total expenditure**<br>**B**<br>**Net income for the year**<br>**Net movement in funds**<br>**Reconciliation of funds:**<br>**E**<br>**Total funds brought forward**<br>**Total funds carried forward**|**Unrestricted**<br>**funds**<br>**2023**<br>**£**<br>24,406<br>**24,406**<br>4,028<br>**4,028**<br>**20,378 **<br>**20,378 **<br>13,324<br>**33,702**|**Restricted**|**Prior Year**<br>**Total funds**|
|---|---|---|---|
|||**funds**<br>**2023**<br>**£**<br>91,337<br>**91,337**<br>57,561<br>**57,561**<br>**33,776 **<br>**33,776 **<br>33,066<br>**66,842 **||
||||**2023**|
||||**£**|
||||115,743|
||||**115,743**|
||||61,589|
||||**61,589**|
||||**54,154**|
||||**54,154**|
||||**46,390 **|
||||**100,544**|



All activities derive from continuing operations 

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.' 

The notes attached on pages **10** to **15** form an integral part of these accounts. 

**6** 



## **Resources applied in the year ended 31 March 2024 towards fixed assets for Charity use:** 

||Fundsgenerated in theyear as detailed in the SOFA<br>**Net resources available to fund charitable activities**|**2024**<br>**£**<br>37,658<br>**37,658 **|**2023**<br>**£**<br>54,154<br>**54,154**|
|---|---|---|---|
|||||
|||||
|||||




**Movements in revenue and capital funds for the year ended 31 March 2024** 

|**Revenue accumulated funds**||**Unrestricted**<br>**funds**<br>**2024**<br>**£**<br>33,702<br>12,549<br>6,077<br>**52,328**<br>**Unrestricted**<br>**and**<br>**Designated**<br>**funds**<br>**2024**<br>**£**<br>52,328<br>**52,328**||**Restricted**<br>**funds**<br>**2024**<br>**£**<br>66,842<br>25,109<br>(6,077)<br>**85,874**<br>**Restricted**<br>**funds**<br>**2024**<br>**£**<br>85,874<br>**85,874**||**Total**<br>**funds**<br>**2024**<br>**£**<br>100,544<br>37,658<br>-<br>**138,202**<br>**Total**<br>**funds**<br>**2024**<br>**£**<br>138,202<br>**138,202**|||
|---|---|---|---|---|---|---|---|---|
|||||||||**Prior Year**<br>**Total funds**|
|||||||||**2023**|
|||||||||**£**|
|Accumulated funds brought forward||||||||**46,390**|
|Recognised gains and losses before<br>transfers||||||||**54,154**|
|Transfers||||||||-|
|**Closing revenue funds**||||||||**100,544**|
||||||||||
|**Summary of funds**||||||||**Prior Year**<br>**Total funds**|
|||||||||**2023**|
|||||||||**£**|
|Revenue accumulated funds||||||||**100,544**|
|**Total funds**||||||||**100,544**|



The notes attached on pages **10** to **15** form an integral part of these accounts **.** 

**7** 



**Income and Expenditure Account for the year ended 31 March 2024** 

|**_Income_**|**2024**<br>**£**<br>128,638<br>1,666<br>**130,304**<br>**130,304**<br>92,199<br>446<br>**92,645**<br>**37,658**<br>-<br>**37,658**<br>**37,658 **|**2023**|
|---|---|---|
|||**£**|
|Income from operations||112,582|
|Refunds from HMRC on gift aided donations||3,161|
|**Gross income in the year before exceptional items**||**115,743**|
|**Gross income in the year including exceptional items**||**115,743**|
||||
|**_Expenditure_**|||
|Charitable expenditure, excluding depreciation||58,546|
|Governance costs||3,043|
|**Total expenditure in theyear**||**61,589**|
|**Net income before tax in the financial year**||**54,154**|
|Tax on surplus on ordinary activities||-|
|**Net income after tax in the financial year**||**54,154**|
|**Retained surplus for the financial year**||**54,154**|



All activities derive from continuing operations 

The headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities. 

The notes attached on pages **10** to **15** form an integral part of these accounts. 

**8** 



## **Balance Sheet as at 31 March 2024** 

||**Note**<br>**SORP**|**2024**<br>**£**<br>138,202<br>138,202<br>**138,202**|**2023**<br>**£**<br>100,544<br>100,544<br>**100,544**|
|---|---|---|---|
|||||
||**Current assets**<br>B|||
||Cash at bank and in hand<br>B4|||
|||||
||**Net current assets**|||
|||||
||**The total net assets of the**<br>**charity**|||



## **[The total net assets of the charity are funded by the charities funds, as follows: ]** 

||**Restricted funds**|85,874<br>52,328||
|---|---|---|---|
||Restricted Revenue Funds<br>8<br>D2||66,842|
||**Unrestricted Funds**|||
||Unrestricted Revenue Funds<br>8<br>D3||33,702|
|||||
||**Total charity funds**|**138,202**|**100,544**|



The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA. 

The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts. 

The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 3. 

The Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime. 


**SAMRA SAID** _Trustee_ 

Approved by the board of trustees on 9[th] December 2024 

The notes attached on pages **10** to **15** form an integral part of these accounts. 

**9** 



**Notes to the Accounts for the year ended 31 March 2024** 

## **1 Accounting policies.** 

## _**Policies relating to the production of the accounts.**_ 

## **Basis of preparation and accounting convention** 

The accounts have been prepared on the cash basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice. 

## **Going Concern** 

The charitable activities are dependent on receipt of grants and voluntary donations. Consequently, future flows of these funding streams are uncertain.  The Trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the Trustees are not aware of any material uncertainties about the charity's ability to continue as a going concern. 

## **Risks and future assumptions** 

The charity is a public benefit entity. 

## _**Policies relating to categories of income and income recognition.**_ 

## **Nature of income** 

Gross income represents the value of grants from government and public bodies, also donations received from donors _._ 

## **Categories of Income** 

Income is categorised as income from exchange transactions (contract income) and income from nonexchange transactions (gifts), investment income and other income. 

**Income from exchange transactions** is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser. 

**Income from a non-exchange transaction** is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange. 

**10** 



## **Income recognition** 

Income, whether from exchange or non-exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity's assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably. 

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met. 

All income is accounted for gross, before deducting any related fees or costs. 

## **Accounting for deferred income and income received in advance** 

Where terms and conditions relating to income have not been met or uncertainty exists as to whether the charity can meet any terms or conditions otherwise within its control, income is not recognised but is deferred as a liability until it is probable that the terms or conditions imposed can be met. 

Any grant that is subject to performance-related conditions received in advance of delivering the goods and services required by that condition, or is subject to unmet conditions wholly outside the control of the recipient charity, is accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met. 

When income from a grant or donation has not been recognised due to the conditions applying to the gift not being wholly within the control of the recipient charity, it is disclosed as a contingent asset if receipt of the grant or donation is probable once those conditions are met. 

Where time related conditions are imposed or implied by a funder, then the income is apportioned to the time periods concerned, and, where applicable, is accounted for as a liability and shown on the balance sheet as deferred income. When grants are received in advance of the expenditure on the activity funded by them, but there are no specific time related conditions, then the income is not deferred. 

Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the income concerned, but a liability to any repayment is recognised when repayment becomes probable. 

## **Income from legacies** 

There are no legacy funds. 

## **Donated goods, facilities and services** 

Donated fixed assets are recognised at the current fair value. All such donations are recognised as donation income and debited to fixed assets. 

Donated services and facilities (including seconded staff and use of property) are included in the accounts on the basis of the value of the gift to the charity. 

All donated services and facilities are recognised as donation income when received, (provided the value of the gift can be measured reliably) and recognised as an expense with an equivalent value. 

**11** 



## _**Policies relating to expenditure on goods and services provided to the charity.**_ 

## **Recognition of liabilities and expenditure** 

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated. 

Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates. 

## **Allocating costs to activities** 

Direct costs that are specifically related to an activity are allocated to that activity. Shared direct costs and support costs are apportioned between activities. 

The basis for apportionment, which is consistently applied, and proportionate to the circumstances, is: 

Staffing - on the basis of time spent in connection with any particular activity. 

Staffing - on a per capita basis, based on the number of people employed within any particular activity. Premises related costs - on the proportion of floor area occupied by a particular activity. Non-specific support costs - on the basis of the usage of resources, in terms of time taken, capacity used, request made or other measures 

## **Volunteers** 

In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity. 

However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note 4. 

## **Debtors** 

Debtors are measured at their recoverable amounts at the balance sheet date. 

## **Financial instruments including cash and bank balances** 

Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements. 

## **Fund Accounting** 

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. 

There are no endowment funds 

**12** 



## **2 Liability to taxation.** 

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 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 on the specific charitable objects of the charity and for no other purpose. 

## **3 Winding up or dissolution of the charity.** 

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity. 

## **4 The contribution of volunteers.** 

The charity depends on the support of its volunteers, which is much appreciated. The volunteers work tirelessly in achieving the goals of the charity and their contributions are invaluable. The volunteers and the charity accept no contract of employment is created by these arrangements. 

## **5 Remuneration and payments to Trustees and persons connected with them.** 

||**2024**|**2023**|
|---|---|---|
||**£**|**£**|
|**Saiyyidah Najmus-Sabah Zaidi**|282|1,990|



The Trustee has received payments for project work (Prior year: secretarial), as agreed between the charity and the trustee. 

## **6 Trustees' expenses.** 

||**2024**|**2023**|
|---|---|---|
||**£**|**£**|
|**The amount reimbursed to trustees**|164|<br>93|



The nature of the trustees' expenses was travel and subsistence. 

## **7 Income and Expenditure account summary.** 

|**Income and Expenditure account summary.**|||
|---|---|---|
||**2024**<br>**£**<br>100,544<br>37,658<br>**138,202**|**2023**|
|||**£**|
|At 1 April 2023||46,390|
|Surplus after tax for theyear||54,154|
|**At 31 March 2024**||**100,544**|



**13** 



## **8 Detail of how particular funds are represented by assets and liabilities** 

|**At 31 March 2024**<br>**Current Assets**<br>**At 1 April 2023**<br>**Current Assets**|**Unrestricted**<br>**funds**<br>**£**<br>52,328|**Designated**<br>**funds**<br>**£**<br>-|**Restricted**<br>**funds**<br>**£**<br>85,874|**Total**<br>**Funds**<br>**£**<br>138,202|
|---|---|---|---|---|
||**52,328**<br>**Unrestricted**<br>**funds**<br>**£**<br>33,702<br>**33,702**|**-**<br>**Designated**<br>**funds**<br>**£**<br>-<br>**-**|**85,874**<br>**Restricted**<br>**funds**<br>**£**<br>66,842<br>**66,842 **|**138,202**|
|||||**Total**<br>**Funds**<br>**£**<br>100,544|
|||||**100,544**|



## **9 Change in total funds over the year as shown in Note 8, analysed by individual funds** 

|**_Unrestricted and designated funds:_**<br>Unrestricted Revenue Funds<br>**Total unrestricted and designated**<br>**funds**<br>**_Restricted funds:_**<br>Donations<br>Expenditure on charitable activities<br>**Total restricted funds**<br>**Total charity funds**|**Funds**<br>**brought**<br>**forward**<br>**from 2023**<br>**£**<br>33,702<br>33,702<br>66,842<br>66,842<br>100,544|**Movement**<br>**in funds in**<br>**2024**<br>**See Note 10**<br>**£**<br>12,549<br>12,549<br>113,666<br>(88,556)<br>25,109<br>37,658|**Transfers**<br>**between**<br>**funds in 2024**<br>**£**<br>6,077<br>6,077<br>(6,077)<br>(6,077)<br>-|**Funds**<br>**carried**<br>**forward to**<br>**2024**<br>**£**<br>52,328|
|---|---|---|---|---|
|||||52,328|
|||||174,431<br>(88,556)|
|||||85,874|
|||||138,202|



**14** 



## **10 Analysis of movements in funds over the year as shown in Note 9** 

||**Income**<br>**2024**<br>**£**<br>16,638<br>-|**Income**<br>**2024**<br>**£**<br>16,638<br>-|**Expenditure**<br>**2024**<br>**£**<br>(4,089)<br>-|**Expenditure**<br>**2024**<br>**£**<br>(4,089)<br>-|**Other**<br>**Gains &**<br>**Losses**<br>**2024**<br>**£**<br>-<br>-|**Other**<br>**Gains &**<br>**Losses**<br>**2024**<br>**£**<br>-<br>-|**Movement**<br>**in funds**|
|---|---|---|---|---|---|---|---|
||||||||**2024**|
||||||||**£**|
|||||||||
|**_Unrestricted and designated funds:_**||||||||
|Unrestricted Revenue Funds|||||||12,549|
|Designated Revenue Funds|||||||**-**|
|||||||||
|**_Restricted funds:_**|113,666||(88,556)||-<br>-|||
|Donations|||||||113,666<br>(88,556)|
|Expenditure on charitable activities||||||||
||**130,304**||**(92,645)**||-||**37,658**|



## **11 The purposes for the funds** 

## _**Unrestricted and designated funds:**_ 

Unrestricted Revenue Funds 

Unrestricted Revaluation Reserve 

These funds are held for meeting the objectives of the charity, and to provide reserves for future activities, and, subject to charity legislation, are free from all restrictions on their use. This fund represents the unrestricted surplus arising on the revaluation of the charity's assets. 

## _**Restricted funds:**_ 

Restricted Fixed Asset Funds Restricted Revaluation Reserve 

The purpose of these funds is described under the accounting policy 'Accounting for capital grants and fixed asset funds'. This fund represents the restricted surplus arising on the revaluation of the charity's assets. 

## **12 Ultimate controlling party** 

The charity is under the control of its legal members. 

**15** 



**Detailed analysis of income and expenditure for the year ended 31 March 2024 as required by the SORP 2015** 

## _**This analysis is classified by conventional nominal descriptions and not by activity.**_ 

## **13 Donations and Grants** 

**Donations and gifts from individuals (Include HMRC refunds on gift aided donations)** 

|**_Current Year_**<br>**SOFA**<br>**ref**|**_Current Year_**<br>**SOFA**<br>**ref**||**Unrestricted**<br>**funds**|**Unrestricted**<br>**funds**|**Unrestricted**<br>**funds**|**Restricted**<br>**funds**|**Restricted**<br>**funds**|**Restricted**<br>**funds**|**Restricted**<br>**funds**|**Total**<br>**funds**|**Total**<br>**funds**|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||**2024**||||**2024**|||**2024**||
||||**£**||||**£**|||**£**||
|||||||||||||
|**Small donations**|||12,063||||150|||12,213||
|**Refunds from HMRC ongift aided donations**|||1,666<br>**13,729**||||-<br>**150 **|||||
|**Total donations and gifts from individuals**<br>A1||||||||||||
|||||||||||||
|**_Prior Year_**<br>**SOFA**<br>**ref**|||**Unrestricted**|||||||||
||||**funds**|||||||||
||||**2023**||||**2023**|||||
||||**£**||||**£**|||||
|**Small donations**|||21,245|||||||||
|**Refunds from HMRC on gift aided donations**|||3,161|||||||||
|**Total donations and gifts from individuals**<br>A1|||**24,406**|||||||||
|**Revenue grants from government and public bodies**||||||||||||
|||||||||||||
|**_Current Year_**<br>**SOFA**<br>**ref**||||||**Restricted**|||||**Prior Year**<br>**Total funds**|
|||||||**funds**||||||
||**2024**|||||**2024**||||**2024**|**2023**|
|**Hounslow Council**<br>**Lee Valley Regional Park Authority**<br>**Redbridge Council**<br>**Sport England**<br>**Tower Hamlets Council**|**£**|||||**£**||||**£**|**£**|
||-|||||10,256||||**10,256**|5,031|
||-|||||-||||**0**|3,000|
||-|||||3,500||||**3,500**|4,500|
||-|||||14,986||||**14,986**|4,797|
||-|||||-||||**0**|5,036|
|**Waltham Forest Council**|-|||||2,500||||**2,500**|-|
|**Total public sector revenue grants**<br>**A1**|**-**<br>**Unrestricted**<br>**funds**|||||**31,242**|||||**22,364**|
|||||||||||||
|**_Prior Year_**<br>**SOFA**<br>**ref**||||||||||||
||**2023**||||**2023**|||||||
|**Hounslow Council**<br>**Lee Valley Regional Park Authority**<br>**Redbridge Council**<br>**Sport England**<br>**Tower Hamlets Council**|**£**||||**£**|||||||
||||||5,031|||||||
||**-**||||3,000|||||||
||**-**||||4,500|||||||
||||||4,797|||||||
||**-**||||5,036|||||||
|**Total public sector revenue grants**<br>**A1**|-||||22,364|||||||



**16** 



**Detailed analysis of income and expenditure for the year ended 31 March 2024 as required by the SORP 2015** 

## **Revenue grants from Charities and Private Bodies** 

|**_Current Year_**|**Unrestricted**<br>**funds**|**Unrestricted**<br>**funds**|**Restricted**<br>**funds**|**Restricted**<br>**funds**|**Total funds**|**Total funds**|**Prior Year**<br>**Total**<br>**funds**|
|---|---|---|---|---|---|---|---|
||**2024**||**2024**||**2024**||**2023**|
||**£**||**£**||**£**||**£**|
|**Total Charities and Private Bodies Grants**|**4,800**||**76,427**||**81,227**||**67,121**|
|||||||||
|||||||||
|**_Prior Year_**|**Unrestricted**<br>**funds**||**Restricted**<br>**funds**||**Total funds**|||
||**2023**||**2023**||**2023**|||
||**£**||**£**||**£**|||
|**Total Charities and Private Bodies Grants**|**-**||**67,121**||**67,121**|||
|||||||||
|**Total Donations and Grants**||||||||
|**_Current Year_**<br>**SOFA**<br>**ref**|**Unrestricted**<br>**funds**||**Restricted**<br>**funds**||**Total funds**||**Prior Year**<br>**Total**<br>**funds**|
||**2024**||**2024**||**2024**||**2023**|
||**£**||**£**||**£**||**£**|
|**Total Donations and Grants**<br>**A1**|**16,638 **||**113,666**||**130,304**||**115,743**|
|||||||||
|**_Prior Year_**<br>**SOFA**<br>**ref**|**Unrestricted**<br>**funds**||**Restricted**||**Prior Year**|||
||||**funds**||**Total funds**|||
|||||||||
||**2023**||**2023**||**2023**|||
||**£**||**£**||**£**|||
|**Total Donations and Grants**<br>**A1**|**24,406**||**91,337**||**115,743**|||



**17** 



**Detailed analysis of income and expenditure for the year ended 31 March 2024 as required by the SORP 2015** 

## **14 Expenditure on charitable activities - Direct spending** 

|**_Current Year_**<br>**SOFA**<br>**ref**|**Unrestricted**<br>**funds**|**Unrestricted**<br>**funds**|**Restricted**<br>**funds**|**Restricted**<br>**funds**|**Total funds**|**Total funds**|**Prior Year**<br>**Total funds**|
|---|---|---|---|---|---|---|---|
||**2024**||**2024**||**2024**||**2023**|
||**£**||**£**||**£**||**£**|
|||||||||
|**Direct charitable expenditure**||||||||
|Staffing Costs - Projects & Core|168||65,535||**65,703**||38,389|
|Training Instructors & Ride Leaders|452||7,724||**8,176**||4,189|
|Venues & Events|972||4,801||**5,773**||2,078|
|Equipment|8||831||**839**||1,118|
|Volunteer expenses|25||1,087||**1,112**||758|
|Cycle lessons|-||640||**640**||160|
|Ancillarydirectproject costs|1,089||6,152||**7,241 **||9,313|
|**Total direct spending**<br>**B2a**|**2,714**||**86,770**||**89,484**<br>**Prior Year**<br>**Total funds**||**56,005**|
|||||||||
|**_Prior Year_**<br>**SOFA**<br>**ref**|**Unrestricted**<br>**funds**||**Restricted**<br>**funds**|||||
||**2023**||**2023**||**2023**|||
||**£**||**£**||**£**|||
|**Direct charitable expenditure**|||||**38,389**|||
|Staffing Costs - Projects & Core|-||38,389|||||
|Training Instructors & Ride Leaders|-||4,189||**4,189**|||
|Venues & Events|-||2,078||**2,078**<br>**1,118**<br>**758**<br>**160**<br>**9,313**<br>**56,005**|||
|Equipment|-||1,118|||||
|Volunteer expenses|-||758|||||
|Cycle lessons|-||160|||||
|Ancillarydirectproject costs|2,712||6.601|||||
|**Total direct spending**<br>**B2a**|**2,712**||**53,293**|||||



**18** 



**Detailed analysis of income and expenditure for the year ended 31 March 2024 as required by the SORP 2015** 

## **15 Support costs for charitable activities** 

|**_Current Year_**<br>**SOFA**<br>**ref**<br>**_Administrative overheads_**<br>Membership subscriptions<br>Software licences and expenses<br>Staffing costs<br>Liability and contents insurance<br>**Total support costs - Current Year**<br>**B2d**|**Unrestricted**<br>**funds**|**Restricted**<br>**funds**|**Total**<br>**funds**|**Prior Year**<br>**Total**<br>**funds**|
|---|---|---|---|---|
||2024|2024|2024|**2023**|
||**£**|**£**|**£**|**£**|
||911<br>158<br>-<br>292|120<br>-<br>916<br>318|**1,031**<br>**158**<br>**916**<br>**610**|781<br>151<br>1,170<br>439|
||**1,361**<br>**Unrestricted**<br>**funds**|**1,354**<br>**Restricted**<br>**funds**|**2,715**<br>**Prior Year**<br>**Total**<br>**funds**<br>**2023**<br>**£**<br>**781**<br>**151**<br>**1,170**<br>**439**<br>**2,541 **|2,541|
||||||
|**_Prior Year_**<br>**SOFA**<br>**ref**|||||
||**2023**|**2023**|||
|**_Administrative overheads_**<br>Membership subscriptions<br>Software licences and expenses<br>Staffing costs<br>Liability and contents insurance<br>**Total support costs - Prior Year**<br>**B2d**|**£**|**£**|||
||-<br>-<br>330<br>-<br>**330 **|781<br>151<br>840<br>439<br>**2,211**|||



The basis of allocation of costs between activities is described under accounting policies 

**19** 



**Detailed analysis of income and expenditure for the year ended 31 March 2024 as required by the SORP 2015** 

## **16 Other Expenditure - Governance costs** 

|**_Current Year_**<br>**SOFA**<br>**ref**|**Unrestricted**<br>**funds**|**Restricted**<br>**funds**|**Total**<br>**funds**|**Total**<br>**funds**|**Prior Year**<br>**Total**<br>**funds**|
|---|---|---|---|---|---|
||**2024**|**2024**|**2024**||**2023**|
||**£**|**£**|**£**||**£**|
|Independent Examiner's fees|-|-|**-**||**960**|
|Trustees' remuneration|-|282|**282**||**1,990**|
|Trustees' expenses|14|150|**164**||**93**|
|**Total Governance costs**<br>**B2e**|**14**|**432 **|**446 **||**3,043**|
|||||||
|**_Prior Year_**<br>**SOFA**<br>**ref**|**Unrestricted**<br>**funds**|**Restricted**<br>**funds**|**Total**<br>**funds**|||
||**2023**|**2023**|**2023**|||
||**£**|**£**|**£**|||
|Independent Examiner's fees||960|**960**<br>**1,990**<br>**93**|||
|Trustees' remuneration|986|1,004||||
|Trustees' expenses||93||||
|||||||
|**Total Governance costs**<br>**B2e**|**986**|**2,057**|**3,043**|||



## **17 Total Charitable expenditure** 

|**_Current Year_**<br>**SOFA**<br>**ref**|**Unrestricted**<br>**funds**|**Restricted**<br>**funds**|**Total**<br>**funds**|**Prior Year**<br>**Total**<br>**funds**|
|---|---|---|---|---|
||**2024**|**2024**|**2024**|**2023**|
||**£**|**£**|**£**|**£**|
|Total direct spending<br>**B2a**|2,714|86,770|**89,484**|**56,005**|
|Total support costs<br>**B2d**|1,361|1,354|**2,715**|**2,541**|
|Total Governance costs<br>**B2e**|14|432|**446 **|**3043**|
|**Total charitable expenditure**<br>**B2**|**4,089**|**88,556 **|**92,645**|**61,589**|
||||**Total**<br>**funds**||
|**_Prior Year_**<br>**SOFA**<br>**ref**|**Unrestricted**|**Restricted**|||
||**funds**|**funds**|||
||**2023**|**2023**|**2023**||
||**£**|**£**|**£**||
|Total direct spending<br>**B2a**|2,712|53,293|**56,005**||
|Total support costs<br>**B2d**|330|2,211|**2,541**||
|Total Governance costs<br>**B2e**|986|2,057|**3043**||
|**Total charitable expenditure**<br>**B2**|**4,028**|**57,561**|**61,589**||



**20** 



## **Activity analysis of Income and expenditure for the year ended 31 March 2024** 

## _**This analysis is classified by activity and not by conventional nominal descriptions.**_ 

## **18 Analysis of income by activity** 

|**8 Analysis of income by activity**|||
|---|---|---|
|**SOFA ref**<br>**Activity**<br>Donations and Grants<br>**A1**<br>Total income as shown in the SOFA<br>A|**2024**<br>**£**<br>130,304<br>**130,304**|**2023**|
|||**£**|
|||115,743|
|||115,743|



## **19 Analysis of charitable expenditure by activity** 

|**Activity**|**Direct**|**Support**|**Grant**<br>**funded**<br>**activities**<br>**2024**<br>**£**<br>-<br>-<br>**-**<br>**Grant**<br>**funded**<br>**activities**<br>**2024**<br>**£**<br>-<br>-<br>**-**|**Total**<br>**2024**<br>**£**<br>**89,484**<br>**2,715**<br>**92,199**<br>**Total**<br>**2024**<br>**£**<br>**92,199**<br>**446**<br>**92,645**|**Total**|
|---|---|---|---|---|---|
||**costs**|**costs**||||
||**2024**<br>**£**<br>89,484<br>-<br>**89,484**<br>**Direct**|**2024**<br>**£**<br>-<br>2,715<br>**2,715**<br>**Support**||||
||||||**2023**|
||||||**£**|
|**Primary purpose and ancillary trading1**||||||
|Direct costs|||||56,005|
|Administrative overheads|||||2,541|
|**Total Primary purpose and ancillary**<br>**trading1**|||||**58,546**|
|||||||
|**Summary of charitable costs by activity**|||||**Total**|
||**costs**|**costs**||||
||**2024**<br>**£**<br>89,484<br>**89,484**|**2024**<br>**£**<br>2,715<br>446<br>**3,161**||||
||||||**2023**|
||||||**£**|
|Total Primary purpose and ancillary<br>trading1|||||58,546|
|Total Governance costs as detailed in<br>Note 16|||||3,043|
|**Total charitable expenditure**|||||**61,589**|



The basis of allocation of costs between activities is described under accounting policies 

The breakdown of this expenditure by type of spending (i.e. nominal classification) is detailed in note 17 

**21** 



## **Analysis of support and governance costs by charitable activities** 

|**Activity**<br>Primary purpose and<br>ancillary trading1<br>**Grand Total**|**Governance**<br>**£**<br>446<br>**446 **<br>**2024**|**Finance**<br>**£**<br>-<br>**-**<br>**2024**|**Human**<br>**Resources**<br>**£**<br>916<br>**916**<br>**2024**|**Other**<br>**Overheads**<br>**£**<br>1,799<br>**1,799**<br>**2024**|**Total**<br>**£**<br>**3,161**<br>**2024**|
|---|---|---|---|---|---|
||||||**3,161**|



## **20 Analysis of non-charitable expenditure by activity** 

|**Analysis of non-charitable expenditure by activity**|||
|---|---|---|
|**Governance costs**|**2024**|**2023**|
||**£**|**£**|
|Other Expenditure - Governance costs as detailed in Note 16|446|3,043|



**22** 




**cyclesisters.org.uk** Registered charity no. 1183189