2021-03-31-accounts - Cycling Club Hackney CIO

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Trustees’ Annual Report for the period

From 5/12/2019 Period start date To 31/3/2021 Period end date

Charity name: Cycling Club Hackney CIO

Charity registration number: 1186757

Registered address:

Elsdale Community Hall Loddiges Road Frampton Park Estate London E9 6PW

Governing document

Cycling Club Hackney CIO is a charitable incorporated organisation whose only voting members are its charity trustees. It was formed on 5[th] December 2019 by direct conversion from Interlinkx Community Interest Company under The Charitable Incorporated Organisations (Conversion) Regulations 2017, and is governed by its constitution adopted on the same date.

Trustees:

Tom Lloyd (appointed on 5/12/2019 for four years) Harry Moore (appointed on 5/12/2019 for four years) Patrick Field (appointed on 5/12/2019 for three years)

Objectives and Activities

The objects of Cycling Club Hackney CIO are:

1) The promotion of community participation in healthy recreation by the provision of facilities for cycling.

2) To advance in life and help young people through:

a) The provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life;

b) Providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.

In planning our activities the trustees have given careful consideration to the Charity Commission's public benefit guidance.

The main activities of the charity during this, its first reporting period, have been:
the running of a cycling club open to all, with a special emphasis on encouraging young people in the sport
outreach work in schools, youth clubs and on housing estates

Achievements and Performance

Cycling Club Hackney CIO has been created by the effective merger of Interlinkx CIC with the existing community amateur sports club entitled Cycling Club Hackney. Both of our predecessor organisations were founded back in 2007 and worked closely together from their inception. By merging the two into a single charity, we have combined the strengths and established reputations of each, while achieving administrative efficiencies within a legal structure which is better suited to our longstanding aims.

Continuing the legacy of the community amateur sports club Cycling Club Hackney, from whom we take our name, we run club rides for adults every Sunday where members and newcomers meet and socialise, leading to other training sessions and rides being set up informally via our social media sites. We also have a supervised youth section for young people aged eight to 18, delivered by our national governing body-qualified staff who have attended best practice and child protection training. We have worked hard to continue the club’s sporting activities through the COVID-19 pandemic. During lockdowns, we maintained the club’s esprit de corps via electronic communications, and encouraged our members to keep up their fitness via individual exercise. As restrictions permitted, we were able to begin to re-establish our core activities, so that by the end of this reporting period we were on target for a nearnormal resumption of the club's typical annual sporting programme.

Continuing the legacy of Interlinkx CIC, we delivered a wide variety of community outreach projects which reach a much greater number of beneficiaries than are formally counted as members of our cycling club. Projects delivered during the period included: the Young Hackney primary schools cycling league; twice-weekly bike clubs at the Concorde Youth Hub; sessions at other youth hubs in the borough including The Edge and Forest Road; roller racing and cycle training in selected primary schools; a new “mostly women” cycling project centred on the Kingsmead housing estate; free cycle maintenance for key workers during the lockdown; our long-standing weekly maintenance workshop at the Fawcett housing estate; and a new programme of activities including cycling and football aimed at people who are at risk of or recovering from mental health difficulties (in partnership with East London NHS Foundation Trust).

Through both of its predecessor organisations, Cycling Club Hackney CIO has a long history of engaging with groups and individuals in the borough who would otherwise not experience the benefits of quality structured group cycling. We continue to make exceptional efforts to make sure that we include those sections of the community which are not typically much reached by cycling clubs in this country.

Financial Review

The attached statement of financial activities, prepared in accordance with the Accounting and Reporting by Charities – Statement of Recommended Practice (FRS102), provides details of the charity's financial position at the end of its first period of operation.

The trustees are committed to ensuring that sufficient reserves are maintained to ensure that the charity can continue to operate as a cycling club and, as funding permits, to deliver its outreach projects. The level of reserves, totalling £4061 at the end of this period, are considered sufficient for this purpose.

The charity's main sources of funding for its outreach projects during this period have been London Borough of Hackney, William Wates Memorial Trust, Cycling Walking Grants London (Transport for London), and the East London NHS Mental Health Trust (via Compass Wellbeing). We are very grateful for their generous support of our endeavours during this challenging but successful first period of our charity.

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity's trustees

Patrick Field

Tom Lloyd

Harry Moore

30[th] January 2021

Cycling Club Hackney CIO	Cycling Club Hackney CIO	Cycling Club Hackney CIO	Charity No (if any)	1186757
Annual accounts for theperiod
Period start date	05/12/19	To	Period end date	31/03/21

Section A Statement of financial activities

Total funds £ £ £ £ £ F01 F02 F03 F04 F05 Unrestricted funds Restricted income funds Endowment funds Prior year funds	Total funds £ £ £ £ £ F01 F02 F03 F04 F05 Unrestricted funds Restricted income funds Endowment funds Prior year funds	Total funds £ £ £ £ £ F01 F02 F03 F04 F05 Unrestricted funds Restricted income funds Endowment funds Prior year funds	Total funds £ £ £ £ £ F01 F02 F03 F04 F05 Unrestricted funds Restricted income funds Endowment funds Prior year funds	Total funds £ £ £ £ £ F01 F02 F03 F04 F05 Unrestricted funds Restricted income funds Endowment funds Prior year funds
27,113	-	-	27,113	-
	76,607	-	76,607	-
-	-	-	-	-
-	-		-	-
-	-	-	-	-
3	-	-	3	-
27,116	76,607	-	103,723	-

-	-	-	-	-
8,301	56,678	-	64,979	-
-	-	-	-	-
2	973	-	975	-
8,302	57,651	-	65,954	-

18,813	18,956	-	37,769	-
-	-	-	-	-
18,813	18,956	-	37,769	-
-	-	-	-	-
-	-	-	-	-

-	-	-	-	-
-	-	-	-	-
18,813	18,956	-	37,769	-

-	-	-	-	-
18,813	18,956	-	37,769	-

Section B Balance sheet

£ F01 Unrestricted funds	£ F02 Restricted income funds	£ F03 Endowment funds	£ F04 Total this year	£ F05 Total last year
-	-	-	-	-
14,752	-	-	14,752	-
-	-	-	-	-
-	-	-	-	-
14,752	-	-	14,752	-

-	-	-	-	-
9,103	-	-	9,103	-
-	-	-	-	-
22,223	-	-	22,223	-
31,326	-	-	31,326	-

8,309		-	8,309	-

23,017	-	-	23,017	-

37,769	-	-	37,769	-

-	-	-	-	-
-	-	-	-	-

37,769	-	-	37,769	-

-		-	- 18,956	-
	18,956	-		-
18,813			18,813	-
			-
18,813	18,956	-	37,769	-

Signature		Print	Name	Date of approval dd/mm/yyyy
		Patrick Field		30/01/2022
		Tom Lloyd		30/01/2022

CC17a (Excel)

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Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

• and with* ü the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014

• and with* ü the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by ü FRS 102.*

-Tick as appropriate

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support The trustees consider the charity to be a going concern. the conclusion that the charity is a going In reaching this decision, the following factors were relevant: concern; a) The charity is solvent b) There are no potential bad debts that would impact liquidity c) There are no significant creditors or contingent liabilities that would affect liquidity d) There are no outstanding overdrafts or loans

Disclosure of any uncertainties that make the going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts pr	esent a tru	e and fair view and the accounting policies adopted are those outlined in note 2.	e and fair view and the accounting policies adopted are those outlined in note 2.
Yes No	ü	* -Tick as appropriate

*Please disclose*	:
*(i) the nature of*	*the chan*	*ge in accounting policy;*	This is the first year of operation of the charity.
*(ii) the reasons* *provides more r* *and*	*why appl* *eliable an*	*ying the new accounting policy* *d more relevant information;*
*(iii) the amount* *the current peri* *aggregate amo* *before those pr*	*of the adj* *od, each* *unt of the* *esented, 3*	*ustment for each line affected in* *prior period presented and the* *adjustment relating to periods* *.44 FRS 102 SORP.*

1.4 Changes to accounting estimates

No changes to a	ccounting	estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes No	ü	* -Tick as appropriate

Please disclose:

(i) the nature of any changes;

(ii) the effect of the change on income and expense or assets and liabilities for the current period; and

(iii) where practicable, the effect of the change in one or more future periods.

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

Yes No	ü	NB This is our first year of operation.

Please disclose:

(i) the nature of the prior period error; (ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and (iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.

CC17a (Excel)

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Section C Notes to the accounts

Note 2 Accounting policies

Please complete this note when first reporting under FRS 102. Section 35 of FRS 102, requires 3 reconciliations to be presented, if all are applicable.

2.1 RECONCILIATION	WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING	WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING
PRACTICE
Please provide a description of the nature of each change in accounting policy	This is the first statements are	year of the charity's operation, so no reconcilation with previous required.
*Reconcilation of funds per previous GAAP to*		*funds determined under FRS 102*
	Start of	End of
	period	period
	£	£
Fund balances as previously
stated
*Adjustments:*
Fund balance as restated
*Reconcilation of net income/(net expenditure)*		*per previous GAAP to net income/(net expenditure) under FRS 102*
		End of
		period
		£
Net income/(expenditure) as previously
stated
*Adjustments:*
Previous period net income/(expenditure) as
restated

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Section C Notes to the accounts (cont)

Note 2 Accounting policies 2.2 INCOME

This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below.

Recognition of income These are included in the Statement of Financial Activities (SoFA) when: Offsetting Grants and donations Legacies Government grants The charity has received government grants in the reporting period Donated goods Support costs The charity has incurred expenditure on support costs. Volunteer help · the charity becomes entitled to the resources; · it is more likely than not that the trustees will receive the resources; and · the monetary value can be measured with sufficient reliability. There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. Tax reclaims on donations and gifts Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Contractual income and performance related grants This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions. Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. Donated services and facilities Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. Income from interest, royalties and dividends This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. Income from membership subscriptions Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. Membership subscriptions which gives a member the right to buy services or other	Yes No N/a	Yes No N/a	Yes No N/a
	ü
	Yes No N/a
	ü
	Yes No N/a
	ü
	Yes No N/a
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	Yes No N/a
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	Yes No N/a
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	Yes No N/a
	ü
	Yes No N/a

Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.

2.3 EXPENDITURE AND LIABILITIES Liability recognition Redundancy cost The charity made no redundancy payments during the reporting period. Deferred income No material item of deferred income has been included in the accounts. Creditors Provisions for liabilities 2.4 ASSETS These are capitalised if they can be used for more than one year, and cost at least £200.00 They are valued at cost. The depreciation rates and methods used are disclosed in note 9.2. Intangible fixed assets They are valued at cost. Heritage assets They are valued at cost. Investments p p g g y benefits are recognised as income earned from the provision of goods and services as income from charitable activities. Settlement of insurance claims Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA. Investment gains and losses This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Governance and support costs Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Grants with performance conditions Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Grants payable without performance conditions Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised. The charity has creditors which are measured at settlement amounts less any trade discounts A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Basic financial instruments The charity accounts for basic financial instruments on initial recognition as per paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. Tangible fixed assets for use by charity The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5 The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 9.6.1.4. Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments Stocks and work in progress Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.			ü
	Yes No N/a
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	Yes No N/a
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k i i l d l f bl l h i lik l h

Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Debtors Current asset investments They are valued at fair value except where they qualify as basic financial instruments. No additional or different policies have been adopted. Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. The charity has has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due. POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE			ü
	Yes No N/a
		ü
	Yes No N/a
			ü
	Yes No N/a
			ü

No additional or different policies have been adopted.

Section C Notes to the accounts (cont)

Note 3 Analysis of income

Note 3 Analysis of income	Analysis of income	Analysis of income	Analysis of income	Analysis of income	Analysis of income	Analysis of income
Analysis Total funds Prior year £ £ Donations andgifts 27,113- - 27,113 - Gift Aid - - - - - Legacies - - - - - - - - - - - - - - Donatedgoods,facilities and services - - - - - Other - - - - Total27,113 - - 27,113 - Government grants - 56,390 - 56,390 - Non-governmentgrants - 20,217 - 20,217 - - - - - - Other - - - - - Total- 76,607 - 76,607 - - - - - - - - - - - - - - - - Other - - - - - Total- - - - - Interest income 0- - 0 - Dividend income - - - - - Rental and leasingincome - - - - - Other - - - - - Total0 - - 0 - - - - - - - - - - - - - - - - - - - - - Total- - - - - Other: Adjustment Year End 3- - 3 - Balance of funds from CASC(see Note 29) - - - - - - - - - - - - - - Other - - - - - Total3 - - 3 - TOTAL INCOME 27,116 76,607 - 103,723 - Other information: Unrestricted funds Restricted income funds Endowment funds Donations and legacies: General grants provided by government/other charities Membership subscriptions and sponsorships which are in substance donations Charitable activities: Other trading activities: Income from investments: Separate material item of income:	Analysis Total funds Prior year £ £ Unrestricted funds Restricted income funds Endowment funds
	Donations andgifts	27,113	-	-	27,113	-
	Gift Aid	-	-	-	-	-
	Legacies	-	-	-	-	-
	General grants provided by government/other charities	-	-	-	-	-
	Membership subscriptions and sponsorships which are in substance donations	-	-	-	-
	Donatedgoods,facilities and services	-	-	-	-	-
	Other	-	-	-	-
	Total	27,113	-	-	27,113	-

	Government grants	-	56,390	-	56,390	-
	Non-governmentgrants	-	20,217	-	20,217	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	76,607	-	76,607	-

		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-

	Interest income	0	-	-	0	-
	Dividend income	-	-	-	-	-
	Rental and leasingincome	-	-	-	-	-
	Other	-	-	-	-	-
	Total	0	-	-	0	-

		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Total	-	-	-	-	-

	Adjustment Year End	3	-	-	3	-
	Balance of funds from CASC(see Note 29)		-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	3	-	-	3	-

		27,116	76,607	-	103,723	-

All income in the prior year was unrestricted except for: (please provide description and amounts)		n/a
Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion. Where any endowment fund is converted into income in the prior period, please give the reason for the conversion.
		n/a

		n/a

Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)		n/a

CC17 (E l)

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Section C Notes to the accounts (cont)

Note 4 Analysis of receipts of government grants

Government grant 1 Government grant 2 Government grant 3 Government grant 4 Government grant 5 Government grant 6 Government grant 7 Government grant 8 Government grant 9 Government grant 10 Government grant 11 Government grant 12 Government grant 13 Government grant 14 Government grant 15 Government grant 16 Government grant 17 Government grant 18 Government grant 19 Government grant 20 Government grant 1 Government grant 2 Government grant 3 Other *Please provide details of any* *unfulfilled conditions and* *other contingencies* *attaching to grants that have* *been recognised in income.* *Please give details of other* *forms of government* *assistance from which the* *charity has directly* *benefited.*	Description This year £	Description This year £	Description This year £
	LBH Housing Elsdale Sats 2019-20		2,600
	LBH Housing Fawcett 2019-20		4,858
	LBH YH Concorde Sats Oct 2019 – March 2020		1,667
	LBH YH Concorde Weds Oct 2019 – March 2020		882
	LBH Young Hackney schools league 2019-20		2,980
	LBH YH Ickburgh school		360
	Coronavirus Job Retention Scheme		7,541
	Transport for London / Cycling Walking Grants London		4,980
	LBH Housing Fawcett/Elsdale July to Dec 2020		8,843
	LBH Housing Yorkshire Grove + Essential workers		1,068
	LBH YH Autumn sessions at The Edge		523
	LBH YH Fleet maintenance		1,721
	LBH YH Half-term sessions October		231
	LBH YH schools league		2,162
	LBH YH Summer Bike Clubs Concorde and Pearson		3,683
	LBH YH Concorde autumn winter 2020-21		3,761
	LBH YH Summer sessions north-west		1,283
	LBH YH The Edge and Forest Road February 2021		473
	East London NHS Trust (Compass Wellbeing)		5,775
	LBH Public Realm for first aid training		1,000
	Total		56,390
	Description		Last year £
			-
			-
			-
			-
	Total		-
	Thisyear Lastyear

	Thisyear Lastyear

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 5 Donated goods, facilities and services

Seconded staff Use of property Other	Thisyear	This year Last year £ £	This year Last year £ £
		-	-
		0	-
		-	-
		0	-

		Lastyear
Please provide details of the accounting policy for the recognition and valuation of donated goods, facilities and services.	The charity enjoys the use of premises and land owned by the London Borough of Hackney at two locations for the storage of bicycles and tools. At present there is no formal agreement in place that would assist the trustees to establish the value to the charity of the use of these premises. As such we are treating them at zero value for the time being. The trustees will seek to establish a formal agreement.
Please provide details of any unfulfilled conditions and other contingencies attaching to resources from donated goods and services not recognised in income. Please give details of other forms of other donated goods and services not recognised in the accounts, eg contribution of unpaid volunteers.

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N 6

Section C Notes to the accounts (cont)

Note 6 Analysis of expenditure

This year

Last year

Note 6 Analysis of expenditure This year Last year	Note 6 Analysis of expenditure This year Last year	Note 6 Analysis of expenditure This year Last year	Note 6 Analysis of expenditure This year Last year	Note 6 Analysis of expenditure This year Last year	Note 6 Analysis of expenditure This year Last year	Note 6 Analysis of expenditure This year Last year	Note 6 Analysis of expenditure This year Last year	Note 6 Analysis of expenditure This year Last year
Analysis Total funds Total funds Expenditure on raising funds: £ £ Unrestricted funds Restricted income funds Endowment funds Unrestricted funds Restricted income funds Endowment funds
Incurred seeking donations	-	-	-	-	-	-	-	-
Incurred seeking legacies	-	-	-	-	-	-	-	-
Incurred seeking grants	-	-	-	-				-
Operating membership schemes and social lotteries	-	-	-	-				-
Staging fundraising events	-	-	-	-				-
Fundraising agents	-	-	-	-				-
Operating charity shops	-	-	-	-				-
Operating a trading company undertaking non-charitable trading activity	-	-	-	-				-
Advertising, marketing, direct mail and publicity	-	-	-	-	-	-	-	-
Start up costs incurred in generating new source of future income	-	-	-	-	-	-	-	-
Database development costs	-	-	-	-	-	-	-	-
Other trading activities	-	-	-	-				-
Investment management costs:	-	-	-	-				-

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			N 6
Portfoliomanagementcosts	-	-	-	-	-	-	-	-
Cost of obtaining investment advice	-	-	-	-	-	-	-	-
Investment administration costs	-	-	-	-	-	-	-	-
Intellectual property licencing costs	-	-	-	-	-	-	-	-
Rent collection, property repairs and maintenance charges	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total expenditure on raising funds	-	-	-	-	-	-	-	-

Expenditure on charitable activities:

Promotion ofparticipation in cycling	8,301	56,678	-	64,979	-	-	-	-
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total expenditure on charitable activities	8,301	56,678	-	64,979	-	-	-	-
Separate material item of expense
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total	-	-	-	-	-	-	-	-
Other
Governance	2	973	-	975	-	-	-	-

Page 12

N 6

			N 6
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total other expenditure TOTAL EXPENDITURE	2	973	-	975	-	-	-	-
	8,302	57,651	-	65,954	-	-	-	-

Other information:

Analysis of expenditure on charitable activities

	Thisyear	Thisyear	Thisyear	Thisyear	Lastyear	Lastyear	Lastyear	Lastyear
Activity or programme	Activities undertaken directly	Grant funding of activities	Support Costs	Total this year	Activities undertaken directly	Grant funding of activities	Support Costs	Total last year
	£	£	£	£	£	£	£	£
Promotion ofparticipation in cycling	62,054	-	2,925	64,979	-	-	-	-
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total	62,054	-	2,925	64,979	-	-	-	-

Page 13

Section C Notes to the accounts (cont)

Note 7 Extraordinary items

Please explain the nature of each extraordinary item occurring in the period.

Description	This year Last year £ £	This year Last year £ £
	-	-

	-	-
	-	-
	-	-

	-	-
s	-	-

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Section C Notes to the accounts

Note 8 Funds received as agent

8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.

		Amount received	Amount received	Amountpaid out	Amountpaid out	Balance held atperiod end	Balance held atperiod end
Description/name of party	Related party (Yes or No)	Thisyear	Lastyear	Thisyear	Lastyear	Thisyear	Lastyear
		£	£	£	£	£	£
		-	-	-	-	-	-
		-	-	-	-	-	-
		-	-	-	-	-	-
		-	-	-	-	-	-
		-	-	-	-	-	-
Total		-	-	-	-	-	-

8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the purchase of goods or services, please discose details of any balances outstanding between any participating members.

Description/name of party	Balance held atperiod end	Balance held atperiod end
	Thisyear	Lastyear
	£	£
	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

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Section C Notes to the accounts

Note 9 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

This year

Support cost	Governance	Charitable activities	Activity 2	Activity 3	Grand total	Basis of allocation
	£	£	£	£	£	(Describe method)
Employment of finance and administration officer	975	2,925	-	-	3,900	25% of this employee's time allocated to governance
Total	975	2,925	-	-	3,900

Last year Not applicable as this is the first period of the charity's existence.

Last yearNot applica	ble as this is th	e first period	of the charity's	existence.
Support cost (examples)	Raising funds	Activity 1	Activity 2	Activity 3	Grand total	Basis of allocation
	£	£	£	£	£	(Describe method)
Governance	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Other	-	-	-	-	-
Total	-	-	-	-	-

Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.

25% of the finance and administration officer's time allocated to governance

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Section C

Notes to the accounts

Note 10 Details of certain items of expenditure

10.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Independent examiner’s fees Assurance services other than audit or independent examination Tax advisory fees Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner

This year £	Last year £
-	-
-	-
-	-
-	-

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30/01/2022

Section C Notes to the accounts (cont)

Note 11 Paid employees

Please complete this note if the charity has any employees.

11.1 Staff Costs

Salaries and wages Social security costs Pension costs (defined contribution scheme) Other employee benefits Total staff costs This year: Last year: Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party	This year £	Last year £
	43,771	-
	-	-

	-	-
	43,771	-

	None

	None

Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000

TRUE

Band	Number of employees	Number of employees
	This year -	Last year -
£60,000 to £69,999
£70,000 to £79,999	-	-
£80,000 to £89,999	-	-
£90,000 to £99,999	-	-
£100,000 to £109,999	-	-

Please provide the total amount paid to key management personnel (includes trustees and senior management) for their services to the charity. For specific amounts paid to trustees, see Note 28.
	Thisyear	Lastyear
	£	£
	35,500	-

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11.2 Average head count in the year

The parts of the charity in which the employees work

	This year Number	Last year Number
Fundraising	-	-
Charitable Activities	6.75	-
Governance	0.25	-
Other	-	-
Total	7	-

11.3 Ex-gratia payments to employees and others (excluding trustees) Please complete if an ex-gratia payment is made.

Please explain the nature of the payment

This year Last year

Please state the legal authority or reason for making the payment

This year Last year

Please state the amount of the payment (or value of any waiver of a right to an asset)

Thisyear	Lastyear
£ -	£ -

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11.4 Redundancy payments

Please complete if any redundancy or termination payment is made in the period.

Total amount of payment The extent of redundancy funding at the balance sheet date The nature of the payment (cash, asset etc.) Please state the accounting policy for any redundancy or termination payments	Thisyear	Lastyear
	£ -	£ -



	Thisyear	Lastyear
	£ -	£ -

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Section C Notes to the accounts (cont)

Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.

12.1 Please complete this note if a defined contribution pension scheme is operated.

Amount of contributions recognised in the SOFA as an expense Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds.	Thisyear	Lastyear
	£ -	£
		-

12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.

Please confirm that although the scheme is accounted for as a defined contribution plan, it is a defined benefit plan.

Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity for this year and last year, if different

12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.

Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan. If this is different for last year, provide details

Provide an explanation of how any liability arising from an agreement with a multi-employer plan to fund a deficit has been determined. If this is different for last year, provide details

CC17a (Excel)

30/01/2022

Section C Notes to the accounts (cont)

Note 13 Grantmaking

Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.

This year:

13.1 Analysis of grants paid (included in cost of charitable activities)

Analysis	Grants to institutions	Grants to individuals	Support costs	Total
			£	£
Activityorproject 1	-	-	-	-
Activityorproject 2	-	-	-	-
Activityorproject 3	-	-	-	-
Activityorproject 4	-	-	-	-
*Total*	-	-	-	-

Please enter “Nil” if the charity does not identify and/or allocate support costs.

13.2 Grants made to institutions

*My charity has made grants to particular institutions that are material in the* *context of its grantmaking. Details of the institution supported, purpose of the* *grant and total paid to each institution is available on the charity's web site.*	*My charity has made grants to particular institutions that are material in the* *context of its grantmaking. Details of the institution supported, purpose of the* *grant and total paid to each institution is available on the charity's web site.*	*Yes*	*Please provide* *details of charity's* *URL.*
		No	*Provide details* *below*

Names of institution	Purpose		Total amount of grantspaid £
			-
			-
			-
			-
			-
			-
			-
			-
			-
			-
*Total grants to institutions in reporting period* *Other unanalysed grants* *TOTAL GRANTS PAID*			-
			-
			-

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Last year:

13.3 Analysis of grants paid (included in cost of charitable activities)

Analysis	Grants to institutions	Grants to individuals	Support costs £	Total £
Activityorproject 1	-	-	-	-
Activityorproject 2	-	-	-	-
Activityorproject 3	-	-	-	-
Activityorproject 4	-	-	-	-
*Total*	-	-	-	-

Please enter “Nil” if the charity does not identify and/or allocate support costs.

13.4 Grants made to institutions

Please provide details of charity's URL. My charity has made grants to particular institutions that are material in the Yes context of its grantmaking. Details of the institution supported, purpose of the grant and total paid to each institution is available on the charity's web site. Provide details No below

Names of institution	Purpose	Total amount of grantspaid £
		-
		-
		-
		-
		-
		-
		-
		-
		-
		-
*Total grants to institutions in reporting period* *Other unanalysed grants* *TOTAL GRANTS PAID*		-
		-
		-

CC17a (Excel)

30/01/2022

Section C Notes to the accounts (cont)

Note 14 Tangible fixed assets

Please complete this note if the charity has any tangible fixed assets

14.1 Cost or valuation

£ Freehold land & buildings	£ Other land & buildings	£ Plant, machinery and motor vehicles	£ Fixtures, fittings and equipment	Total £
-	-	-	2,843	2,843
-	-	-	13,112	13,112
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	15,954	15,954

SL or RB (Straight Line or Reducing Balance)	SL or RB	SL or RB	RB @ 25%	SL or RB


-	-	-	-	-
-	-	-	-	-
-	-	-	1,202	1,202
-	-	-	-	-
-	-	-	-	-
-	-	-	1,202	1,202

-	-	-	2,843	2,843
-	-	-	14,752	14,752

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14.4 Impairment

This year: Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.

Last year: Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.

14.5 Revaluation

*If an accounting policy of revaluation is adopted, please provide:* *the effective date of the revaluation* *the name of independent valuer, if applicable* *the methods applied and significant assumptions* *the carrying amount that would have been recognised had the assets been* *carried under the cost model.*	This year Last year	This year Last year



	-	-

14.6 Other disclosures

*(i) Please state the amount of borrowing costs, if any, capitalised in the construction of* *tangible fixed assets and the capitalisation rate used.* *(ii) Please provide the amount of contractual commitments for the acquisition of tangible* *fixed assets.* *(iii) Details of the existence and carrying amounts of property, plant and* *equipment to which the charity has restricted title or that are pledged as security* *for liabilities.*	Thisyear	Lastyear
	£	£
	-	-
	-	-

* The "transfers" row is for movements between fixed asset categories.

** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.

CC17a (Excel)

30/01/2022

Section C Notes to the accounts (cont)

Note 15 Intangible assets

Please complete this note if the charity has any intangible assets

15.1 Cost or valuation

£ Research & development	£ Patents and trademarks	Other £	Total £
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-

15.2 Amortisation and impairments

SL or RB	SL or RB	SL or RB	SL or RB

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
-	-	-	-
-	-	-	-

15.4 Accounting policy

Please disclose the accounting policy for intangible fixed assets including: Reasons for choosing amortisation rates

Policies for the recognition of any capital development

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15.5 Impairment This year: Last year: 15.6 Revaluation *If an accounting policy of revaluation is adopted, please provide:* This year Last year *the effective date of the revaluation* *the name of independent valuer, if applicable* *the methods applied* 15.7 Other disclosures *Please provide a description of the events and* *circumstances that led to the recognition or reversal of an* *impairment loss.* *Please provide a description of the events and* *circumstances that led to the recognition or reversal of an* *impairment loss.* *the carrying amount that would have been recognised had* *the assets been carried under the cost model.* *(i) If your intangible asset was acquired by way of grant,* *provide value on initial recognition and carrying amount of* *the asset.* *(ii) Details of the carrying amounts of any intangible* *assets to which the charity has restricted title or that are* *pledged as security for liabilities.* *(iii) Please provide the amount of contractual* *commitments for the acquisition of intangible assets.* *(iv) State the amount of research and development* *expenditure recognised as expenditure in the year.* *(v) Please detail the headings in the SOFA in which a* *charge for amortisation of intangible assets is included.* *(vi) For any material intangible assets, please provide a* *description, its carrying amount and any remaining* *amortisation period.*



	This year	Last year

* The "transfers" row is for movements between fixed asset categories.

CC17a (Excel)

30/01/2022

Section C Notes to the accounts (cont)

Note 16 Heritage assets

Please complete this note if the charity has heritage assets

16.1 General disclosures for all charities holding heritage assets

Thisyear	Thisyear	Thisyear	Lastyear	Lastyear	Lastyear


Total £ £ £ £ £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Heritage asset 1 Heritage asset 2 Heritage asset 3 Heritage asset 4
					Straight Line ("SL") or Reducing Balance ~~(~~"~~RB~~"~~)~~

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
-	-	-	-	-
-	-	-	-	-

CC17a (Excel)

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16.5 Impairment

This year

Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.

Last year

Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.

16.6 Revaluation

If an accounting policy of revaluation is adopted, please provide:

the effective date of the revaluation the name of independent valuer, if applicable qualifications of independent valuer the methods applied and significant assumptions any significant limitations on the valuation

This year Last year

16.7 Analysis of heritage assets by class or group distinguishing those at cost and those at valuation

£ At valuation Group A	£ At cost Group B	Total £
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-

16.8 Heritage assets (where heritage assets are not recoignised on the balance sheet)

(i) Explain the reason why heritage assets have not been recognised on the balance sheet. (ii) Describe the significance and nature of heritage assets. (iii) Disclose information that is helpful in assessing the value of heritage assets. (iv) Explain the reason why it is not practicable to obtain a valuation of heritage assets.	This year	Last year

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16.9 Five year summary of heritage assets transactions

	2015	2014	2013	2012	2011
	£	£	£	£	£
Purchases Group A Group B Group C Other Donations Group A Group B Group C Other Total additions Charge for impairment Group A Group B Group C Other Total charge for impairment Disposals Group A - carrying amount Group B - carrying amount Group C Other Total disposals
	-	-	-	-	-
	-	-	-	-	-
	-
	-

	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-


	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-


	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-

CC17a (Excel)

30/01/2022

Section C Notes to the accounts (cont)

Note 17 Investment assets

Please complete this note if the charity has any investment assets.

17.1 Fixed assets investments (please provide for each class of investment)

Cash & cash equivalents	Listed investments	Investment properties	Social investments	Other	Total
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-

*Please specify additions resulting from acquisitions through business combinations, if any.

Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowlegable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.

17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment.

This year: Analysis of investments

Analysis of investments Cash or cash equivalents Listed investments Investment properties Social investments Total Grand total (Fair value at year end+Cost less impairment) Other investments
	Fair value at year end	Cost less impairment
	£	£
	-	-
	-	-
	-	-
	-	-
	-	-
	-	-
	-

Last year: Analysis of investments

Analysis of investments Cash or cash equivalents Listed investments Investment properties Social investments Total Grand total (Fair value at year end+Cost less impairment) Other investments
	Fair value at year end	Cost less impairment
	£	£
	-	-
	-	-
	-	-
	-	-
	-	-
	-	-
	-

CC17a (Excel)

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17.3 If your charity holds investment properties, please complete the following note:

(i) Explain the methods and significant assumptions in determining the fair value of investment property held by the charity (ii) Name or independent valuer, if applicable, and relevant qualifications (iii) Provide details of any restrictions on the ability to realise investment property or on the remittance of income or disposal proceeds (iv) Explain any contractual obligations for the purchase, construction or development of investment property or for repairs, maintenance or enhancements	Thisyear	Lastyear

17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.

Analysis of current asset investments Cash or cash equivalents Listed investments Investment properties Social investments Total Other investments	This year	Last year
	£	£
	-	-
	-	-
	-	-
	-	-
	-	-
	-	-

17.5 Guarantees

Please provide details and amount of any guarantee made to or on behalf of a third party

Name of the entity or entities benefitting from those guarantees Please explain how the guarantee furthers the charity's aims

This year Last year

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17.6 Concessionary loans

17.6 Concessionary loans
Amounts payable within 1 year Amounts payable after more than 1 year Amounts receivable within 1 year Amounts receivable after more than 1 year 17.7 Additional information *Amount of concessionary loans made (Multiple* loans made may be disclosed in aggregate provided that such aggregation does not obsure significant** information). *Amount of concessionary loans received(Multiple* loans received may be disclosed in aggregate provided that such aggregation does not obsure significant information). Terms and conditions eg interest rate, security provided Value of any concessionary loans which have been committed but not taken up at the reporting date Please provide information about the significance of investments to the charity's financial position or performance eg. terms and conditions of loans or the use of hedging to manage financial risk. For all investments measured at fair value, the basis for determining the value, including any assumptions applied when using a valuation technique. Where a charity has provided financial assets as a form of security, the carrying amount of the financial asset pledged as security and the terms and conditions relating to its pledge.**	*Description*	This year £	Last year £
		-	-
		-	-
		-	-
		-	-
	*Total*	-	-

	*Description*	This year £	Last year £
		-	-
		-	-
		-	-
	*Total*	-	-

	This year	Last year







	Thisyear	Lastyear

CC17a (Excel)

30/01/2022

Section C Notes to the accounts (cont)

Note 18 Stocks

Please complete this note if the charity holds any stock items

18.1 Please state the carrying amount of stock and work in progress analysed between activities.

activities.
Stock Donated goods For resale For resale £ £ £ £ £ Charitable activities: *Opening* - - - - - *Added in period* - - - - - *Expensed in period* - - - - - *Impaired* - - - - - *Closing* - - - - - Other trading activities: *Opening* - - - - - *Added in period* - - - - - *Expensed in period* - - - - - *Impaired* - - - - - *Closing* - - - - - Other: *Opening* - - - - - *Added in period* - - - - - *Expensed in period* - - - - - *Impaired* - - - - - *Closing* - - - - - Total this year - - - - - *Total previous year* - - - - - This year Last year £ £ Work in progress For distribution For distribution 18.2 Please specify the carrying amount of any stocks pledged as security for liabilities	Stock		Donated goods		Work in progress
	For distribution	For resale	For distribution	For resale
	£	£	£	£	£

	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-


	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-


	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-

		This year		Last year
		£		£

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 19 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

19.1 Analysis of debtors Trade debtors Prepayments and accrued income Other debtors Total	This year £	Last year £
	7,248	-
	-	-
	1,855	-
	9,103	-

Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.

19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)

Trade debtors Prepayments and accrued income Other debtors Total	This year £	Last year £
	-	-
	-	-
	-	-
	-	-
	-	-

CC17a (Excel)

30/01/2022

Section C Notes to the accounts (cont)

Note 20 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

20.1 Analysis of creditors

Amounts falling due within oneyear	Amounts falling due within oneyear	Amounts falling due after more than oneyear	Amounts falling due after more than oneyear
This year £	Last year £	This year £	Last year £
-	-	-	-
-	-	-	-
-	-	-	-
18,956	-	-	-
8,309	-	-	-
-	-	-	-
-	-	-	-
27,265	-	-	-

20.2 Deferred income

Please complete this note if the charity has deferred income.

*Please explain the reasons why income is deferred.* *Movement in deferred income account* Balance at the start of the reporting period Amounts added in current period Amounts released to income from previous periods Balance at the end of the reporting period	Thisyear	Lastyear	Lastyear


		This year £	Last year £
		-	-
		-	-
		-	-
		-	-

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 21 Provisions for liabilities and charges

Please complete this note if you have included in charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.

21.1 Movements in recognised provisions and funding commitment during the period

Balance at the start of the reporting period Amounts added in current period Amounts charged against the provision in the current period Unused amounts reversed during the period Balance at the end of the reporting period 21.2 Please provide: Thisyear Thisyear - a brief description of any obligations on the balance sheet and the expected amount and timing of resulting payments; - an indication of the uncertainties about the amount or timing of those outflows; and - the amount of any expected reimbursement, stating the amount of any asset that has been recognised for that expected reimbursement. 21.3 For any funding commitment that is not recognised as a liability or provision, provide details of commitment made, the time frame of that commitment, any performance-related conditions and details of how the commitment will be funded (with contracts for capital expenditure separately identified). 21.4 Where unrestricted funds have been designated to a fund commitment, please disclose the nature of any amounts designated and the likely timing of that expenditure.	This year £	Last year £
	-	-
	-	-
	-	-
	-	-
	-	-
	Lastyear



Thisyear	Lastyear

CC17a (Excel)

30/01/2022

Section C Notes to the accounts (cont)

Note 22 Other disclosures for debtors, creditors and other basic financial instruments

22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk. 22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here.	This year	Last year

CC17a (Excel)

30/01/2022

Section C Notes to the accounts (cont)

Note 23 Contingent liabilities and contingent assets

23.1 Contingent liabilities

Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote.

This year

This year
Description of item including its legal nature. Please describe any security provided in connection to the liability.	Estimate of financial effect

Last year

Description of item including its legal nature. Please describe any security provided in connection to the liability.	Estimate of financial effect

23.2 Contingent assets

Where the charity has contingent assets, please complete the following section when their existence is probable

This year

Description of item Estimate of financial effect Last year Description of item Estimate of financial effect

23.4 Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable:

This year Last year

Explain any uncertainties relating to the amount or timing of settlement; and the possibilty of any reimbursement

Where it is not practical to make one or more of these disclosures, please state this fact

CC17a (Excel)

30/01/2022

Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand Other Total
	This year £	Last year £
	-	-
	-	-
	22,223	-
	-	-
	22,223	-

CC17a (Excel)

30/01/2022

Section C Notes to the accounts (cont)

Note 25 Fair value of assets and liabilities

25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks. 25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.	Thisyear Lastyear	Thisyear Lastyear
	No risk of exposure.

CC17a (Excel)

30/01/2022

Section C Notes to the accounts (cont) Note 26 Events after the end of the reporting period Please complete this note if events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.

Please provide details of the nature of the event Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made	Thisyear Lastyear	Thisyear Lastyear
	N/A

	N/A

CC17a (Excel)

30/01/2022

Section C Notes to the accounts (cont)

Note 27 Charity funds

27.1 Details of material funds held and movements during the CURRENT reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

*funds*
Fund names	Type	Purpose and Restrictions	£ Fund balances brought forward	Income £	£ Expend- iture	Trans-fers £	£ Gains and losses	£ Fund balances carried forward
EveningStandard Dispossessed Appeal	R	Promotion of cycling	-	2,392	-	-	-	2,392
William Wates Memorial Trust Year 1	R	Increaseparticipation of BAMEyouth in cycling		7,600	-7,600	-	-	-
William Wates Memorial Trust Year 2	R	Increaseparticipation of BAMEyouth in cycling		9,000	-2,614	-	-	6,386
People's Postcode Lottery	R	Subsidised kit for BAMEparticipants		1,225	-1,017	-	-	208
LBH HousingElsdale Sats 2019-20	R	Youth cycle training		2,600	-2,600	-	-	-
LBH HousingFawcett 2019-20	R	Cycle maintenance workshop		4,858	-4,858	-	-	-
LBH YH Concorde Sats Oct 2019 – March 2020	R	Youth cycle training		1,667	-1,667	-	-	-
LBH YH Concorde Weds Oct 2019 – March 2020	R	Youth cycle training		882	-882	-	-	-
LBH YoungHackneyschools league 2019-20	R	Youth cycle training		2,980	-2,370	-	-	610
LBH YH Ickburgh school	R	Youth cycle training		360	-360	-	-	-
Coronavirus Job Retention Scheme	R	Furlough		7,541	-7,541	-	-	-
Transport for London / CyclingWalkingGrants London	R	Women's cycling project		4,980	-300	-	-	4,680
LBH HousingFawcett/Elsdale Julyto Dec 2020	R	Youth cycle training/ maintenance workshop		8,843	-6,995	-	-	1,848
LBH HousingYorkshire Grove + Essential workers	R	Maintenance workshops		1,068	-1,068	-	-	-
LBH YH Autumn sessions at The Edge	R	Youth cycle training		523	-523	-	-	-
LBH YH Fleet maintenance	R	Maintenance of CCH CIO fleet maintenance	-	1,721	-1,721	-	-	-
LBH YH Half-term sessions October	R	Youth cycle training	-	231	-231	-	-	-

CC17a (Excel)

30/01/2022

LBH YH schools league	R	Youth cycle training	-	2,162	-2,162	-	-	-
LBH YH Summer Bike Clubs Concorde and Pearson	R	Youth cycle training	-	3,683	-3,683	-	-	-
LBH YH Concorde autumn winter 2020-21	R	Youth cycle training	-	3,761	-3,309	-	-	452
LBH YH Summer sessions north-west	R	Youth cycle training	-	1,283	-1,143	-	-	140
LBH YH The Edge and Forest Road February2021	R	Youth cycle training	-	473	-378	-	-	95
East London NHS Trust(Compass Wellbeing)	R	Physical activityfor MH service users	-	5,775	-4,630	-	-	1,145
LBH Public Realm for first aid training	R	First aid training	-	1,000	-	-	-	1,000
Unrestricted	UR		-	27,116	-8,302	-	-	18,813
*Other funds*	N/a	N/a	-	-	-	-	-	-
Total Funds			-	103,723	-65,954	-	-	37,769

Summary	Summary	Summary	Summary	Summary	Summary	Summary	Summary
Non-Government Grants	R		20,217	-11,231	-	-	8,986
Government Grants	R		56,390	-46,420	-	-	9,970
Grants		-	76,607	-57,651	-	-	18,956
Unrestricted	UR	-	27,116	- 8,302	-	-	18,813
Total Funds		-	103,723	-65,954	-	-	37,769

CC17a (Excel)

30/01/2022

Section C Notes to the accounts (cont)

Note 27 Charity funds (cont)

27.2 Details of material funds held and movements during the PREVIOUS reporting period

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

Not applicable because this is the first year of the charity's existence

Fund names	Type PE, EE R or UR *	Purpose and Restrictions	£ Fund balances brought forward	Income £	Expenditure £	Transfers £	£ Gains and losses	£ Fund balances carried forward
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
*Other funds*	N/a	N/a	-	-	-	-	-	-
Total Funds			-	-	-	-	-	-

CC17a (Excel)

30/01/2022

Section C Notes to the accounts (cont)

Note 27 Charity funds (cont)

27.3 Transfers between funds

This year

	Reason for transfer and where endowment is converted to income, legal power for its conversion	Amount
Between unrestricted and restricted funds
Between endowment and restricted funds
Between endowment and unrestricted funds

Last year

Lastyear
	Reason for transfer and where endowment is converted to income, legal power for its conversion	Amount
Between unrestricted and restricted funds
Between endowment and restricted funds
Between endowment and unrestricted funds

27.4 Designated funds

This year

Planned use Purpose of the designation Amount

Last year

Planned use Purpose of the designation Amount

CC17a (Excel)

30/01/2022

Section C Notes to the accounts (cont)

Note 28 Transactions with trustees and related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.

28.1 Trustee remuneration and benefits

This year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

TRUE

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value
Remuneration	Pension contribution	Redundancy (including loss of office)/ex gratia	Other	TOTAL
£	£	£	£	£
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-

Please give details of why remuneration or other employment benefits were paid.

Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.

Last year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

TRUE

Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value
Remuneration	Pension contribution	Redundancy (including loss of office)/ex gratia	Other	TOTAL
£	£		£	£
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-

Please give details of why remuneration or other employment benefits were paid.

Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.

CC17a (Excel)

30/01/2022

28.2 Trustees' expenses

If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".

*enter "False".*
No trustee expenses have been incurred (True or False)		*TRUE*

Type of expenses reimbursed	This year	Last year
	£	£
Travel	-	-
Subsistence	-	-
Accommodation	-	-
Other (please specify):	-	-
TOTAL	-	-

Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity

28.3 Transaction(s) with related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.

This year

There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	*TRUE*

Name of the trustee or related party	Relationship to charity	Description of the transaction(s)	Amount	Balance at period end	Provision for bad debts at period end	Amounts written off during reporting period
			£	£	£	£

In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.

For any related party, please provide details of any guarantees given or received.

CC17a (Excel)

30/01/2022

Last year

There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	*TRUE*

Name of the trustee or related party	Relationship to charity	Description of the transaction(s)	Amount	Balance at period end	Provision for bad debts at period end	Amounts written off during reporting period
			£	£	£	£
*In relation to the transactions above, please provide the* *terms and conditions, including any security and the nature* *of any payment (consideration) to be provided in settlement.* *For any related party, please provide details of any* *guarantees given or received.*

CC17a (Excel)

30/01/2022

Section C Notes to the accounts (cont)

Note 29 Additional Disclosures

The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.

This is the first report of Cycling Club Hackney CIO, which came into being on 5th December 2019 as a result of the direct conversion of Interlinkx Community Interest Company under The Charitable Incorporated Organisations (Conversion) Regulations 2017.

On the same date, the CIO received as a donation the assets and liabilities of the separately existing community amateur sports club (CASC) entitled Cycling Club Hackney. The CASC was wound up on the same day. This donation had a net value of £20,518.26 and is included in Note 3 (Analysis of Income) as part of the Donations and Gifts figure.

CC17a (Excel)

30/01/2022

Independent examiner's report on the accounts

Section A Independent Examiner’s Report	Section A Independent Examiner’s Report	Section A Independent Examiner’s Report	Section A Independent Examiner’s Report
Report to the trustees/ members of On accounts for the year ended Set out on pages Responsibilities and basis of report Independent examiner's statement Signed: Name: Relevant professional qualification(s) or body	Charity Name Charity no (if any) (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended . As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s 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(5)(b) of the Act. [The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of [insert name of applicable listed body]].Delete[ ]if not applicable. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination~~(other than that~~ ~~disclosed below )~~which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or the accounts did 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 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 accounts to be reached. Please delete the words in the brackets if they do not apply. Date: Cycling Club Hackney CIO 31st March 2021 1186757 31/03/2021 Simon Dominic Edmonds 30/01/2021
	Charity Name Cycling Club Hackney CIO

	31st March 2021	Charity no (if any)	1186757

	(remember to include the page numbers of additional sheets)



	Simon Dominic Edmonds