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Cycling Club Hackney CIO Trustees’ Annual Report 2023-24

Period: 1[st] April 2023 to 31[st] March 2024

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:

John Dash Charlie Lloyd Peter Maas

Website: cyclingclubhackney.co.uk Blog: cyclingclubhackney.blogspot.com

Objectives and Activities

The objects of Cycling Club Hackney CIO during the period were:

1) The promotion of community participation in healthy recreation by the provision of facilities for cycling and other physical activities.
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 fourth reporting period, have been:
the running of a cycling club open to all, with a special emphasis on encouraging young people in the sport
working to encourage cycling and other physical activity in schools, youth clubs, housing estates, and the community in general

Achievements and Performance

Cycling Club Hackney CIO continues to function both as an amateur sports club with a focus on youth development within the tradition of cycle sport, and as a community outreach organisation with a passion to broaden participation in cycling and other physical activities with everyone. Our activities included:

Saturday morning youth sessions centred on our Frampton Park Estate HQ, offering local adventures by road and path, as well as centre-based activity;
our Saturday morning community cycle maintenance stall on Frampton Park Estate;
the CCH Ronde Chelmsford 150km open social ride for experienced cyclists;
our annual grass-track racing event at Well Street Common Festival;
the CCH VTTA 10-mile veterans time trial at Six Mile Bottom;
the CCH Road Race at Great Thurlow;
hosting a round of the Eastern Region Cyclo Cross league at Lambourne End in September;
Tuesday night training for youths at the Velopark;
the CCH Youth Hill Climb in Springfield Park;
competing in the London Youth Games and lots of other events;
steering people to opportunities for free and subsidised quality training;
the continued development of In Tune FC, our football club for mental health service users to connect and get physically active;
weekly after-school cycling clubs all year in several primary schools;
the Young Hackney Primary Schools Cycling League, which introduces pupils from 15 primary schools to the fun and competition of grasstrack and roller racing, hill climbs and cyclocross;
summer weekday evening training rides;
bike clubs at Concorde youth centre, plus popup activities at other youth clubs;
outreach work centred on Fawcett and Kingsmead housing estates;

... and as ever , club rides every Sunday!

Gratitude for our volunteers

Aside from the funded elements of our activities, Cycling Club Hackney CIO depends enormously on volunteers, including fully qualified mechanics and coaches, who give their time freely on a regular basis from year to year. The trustees warmly thank them for their commitment and dedication.

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.

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. We remain aware of the need to grow our reserves to ensure sustainability, and continue to work on ways to increase unrestricted donations. Our unrestricted funds have been helped tremendously this year by a generous grant from Zwift.

We are grateful to all of our funders and donors small and large, who have enabled us to sustain and innovate activities. Our main sources of funding for outreach projects during this period were London Borough of Hackney, Walking and Cycling Grants London (Transport for London), the New Wave Federation of schools, Zwift, and the Arsenal Foundation.

Declarations

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

Signed on behalf of the charity's trustees

John Dash 30[th] January 2025

Statement of Financial Activities 1st April 2023 to 31st March 2024

Cycling Club Hackney CIO	Cycling Club Hackney CIO	Cycling Club Hackney CIO	Charity No (if any)	1186757
Annual accounts for theperiod
Period start date	01/04/23	To	Period end date	31/03/23

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
10,730	9,290	-	20,020	24,696
-	-	-	-	-
-	-	-	-	-
-	-		-	-
-	-	-	-	-
15	-	-	15	-
10,745	9,290	-	20,035	24,696

-	-	-	-	-
5,519	13,966	-	19,485	37,515
-	-	-	-	-
100	161	-	261	546
5,619	14,126	-	19,745	38,061

5,126	(4,836)	-	290	(13,365)
-	-	-	-	-
5,126	(4,836)	-	290	(13,365)
-	-	-	-	-
-	-	-	-	-

-	-	-	-	-
-	-	-	-	-
5,126	(4,836)	-	290	(13,365)

18,654	7,835	-	26,490	39,855
23,780	2,999	-	26,779	26,490

Section B Balance sheet

£ £ F01 F02 Unrestricted funds Restricted income funds	£ £ F01 F02 Unrestricted funds Restricted income funds	£ F03 Endowment funds	£ £ F04 F05 Total this year Total last year	£ £ F04 F05 Total this year Total last year
-	-	-	-	-
20,572	-	-	20,572	20,572
-	-	-	-	-
-	-	-	-	-
20,572	-	-	20,572	20,572

-	-	-	-	-
304	-	-	304	384
-	-	-	-	-
5,902	-	-	5,902	6,817
6,207	-	-	6,207	7,201

-	-	-	-	-

6,207	-	-	6,207	7,201

26,779	-	-	26,779	27,773

(0)	-	-	(0)	1,284
-	-	-	-	-

26,779	-	-	26,779	26,490

-			- 2,999 23,780 -	-
	2,999	-		7,835
23,780				18,654

23,780	2,999	-	26,779	26,490

Signature		Print	Name	Date of approval dd/mm/yyyy
		John Dash		30/01/25

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 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 present a true and fair view and the accounting policies adopted are those outlined in note { }.

Yes No	ü	* -Tick as appropriate
	ü

Please disclose:

(i) the nature of the change in accounting policy;

(ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and (iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.

1.4 Changes to accounting estimates

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

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 ~~ü~~ No ü * -Tick as appropriate

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.

Section C Notes to the accounts

Note 2 Accounting policies

Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable.

2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE Please provide a description of the nature of each change in accounting policy

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

Section C Notes to the accounts (cont)

Note 2 Accounting policies 2.2 INCOME

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.	Yes No N/a
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
	~~ü~~	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü	ü	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.

	ü	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü	ü	ü
	Yes No N/a
	ü
	Yes No N/a
	ü
	Yes No N/a
			ü
	Yes No N/a
			ü
	Yes No N/a
			ü
	Yes No N/a
	ü
	Yes No N/a
	ü
	Yes No N/a
	ü
	Yes No N/a
	ü
	Yes No N/a
	ü
	Yes No N/a
£200.00
contract. et value
	ü
	Yes No N/a
			ü
	Yes No N/a
			ü
	Yes No N/a
			ü
	Yes No N/a
			ü
	Yes No N/a
			ü
	Yes No N/a
			ü
	Yes No N/a
			ü
	Yes No N/a
			ü
	Yes No N/a
			ü

Settlement of insurance Insurance claims are only included in the SoFA when the general income recognition claims 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 This includes any realised or unrealised gains or losses on the sale of investments and losses any gain or loss resulting from revaluing investments to market value at the end of the year.

2.3 EXPENDITURE AND LIABILITIES

Liability recognition 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.

Support costs have been allocated between governance costs and other support. Governance and support costs 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.

Where the charity gives a grant with conditions for its payment being a specific level of Grants with performance conditions 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. Where there are no conditions attaching to the grant that enables the donor charity to Grants payable without realistically avoid the commitment, a liability for the full funding obligation must be performance conditions recognised. 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 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 Provisions for liabilities measured at the best estimate of the amount required to settle the obligation at the reporting date

Basic financial The charity accounts for basic financial instruments on initial recognition as per instruments paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP.

2.4 ASSETS

Tangible fixed assets for These are capitalised if they can be used for more than one year, and cost at least £200.00 use by charity

They are valued at cost.

The depreciation rates and methods used are disclosed in note 9.2.

Intangible fixed assets 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 They are valued at cost. Heritage assets 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.

They are valued at cost.

Investments 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 Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net progress 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.

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	Yes No N/a	Yes No N/a	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 10,730- - 10,7305,131 Gift Aid - - - - - Legacies - - - - - - - - - - - - - - Donatedgoods,facilities and services - - - - - Other - - - - Total 10,730 - - 10,730 5,131 - - - - - - - - - - - - - - - Other - - - - - Total- - - - - - - - - - - - - - - - - - - - Other - - - - - Total- - - - - Interest income - - - - - Dividend income - - - - - Rental and leasingincome - - - - - Other - - - - - Total- - - - - - - - - - - - - - - - - - - - - - - - - Total- - - - - Other: Adjustmentyear end - - - - - 0 - - - - - - - - - - - - - - - Other 15 - - 15 - Total 15 - - 15 - 0 TOTAL INCOME 10,745 - - 10,745 5,130 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	10,730	-	-	10,730	5,131
	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	10,730	-	-	10,730	5,131

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

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

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

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

	Adjustmentyear end	-	-	-	-	- 0
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Other	15	-	-	15	-
	Total	15	-	-	15	- 0

		10,745	-	-	10,745	5,130

All income in the prior year was unrestricted except for: (please provide description and amounts)
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.




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

Section C Notes to the accounts (cont)

Note 4 Analysis of receipts of government grants

Description This year £	Description This year £	Description This year £
LBH YH 000233 000235	Cycle maintenance	205
LBH PR 000234	London Youth Games	250
LBH YH 000242 000245	Primary schools cycle league	2,270
New Wave Federation 2023-24	After-school clubs	5,165
Viridis 000241	After-school clubs	340
Total		8,230

Government grant 1 Government grant 2 Government grant 3 Government grant 4 Government grant 5 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

Description Last year £	Description Last year £	Description Last year £
WCGL2 Walking Cycling Grants London Year 2	Women's cycling project	2,519
WCGL3 Walking Cycling Grants London Year 3	Cycling promotion and maintenance	1,859
KPMT23-1 LBH KPMT Concorde Bike Club	Youth sessions June-Dec 2022	4,998
KPMT23-2 LBH KPMT ‘Active Outdoors’	Development ofpartnerships	1,000
PR23-1 LBH Public Realm	London Youth Games 2022	250
YH23-1 LBH YH Forest Road half term	Youth cycling promotion	330
YH23-2 LBH YH Summer bike at Concorde	Youth cycling promotion	125
YH23-3 LBH YH Concorde Sats Jan- Mar 2022	Youth cycling promotion	1,601
YH23-4 LBH YH Concorde Weds Jan- Mar 2022	Youth cycling promotion	1,187
YH23-5 LBH YH Forest Road at Elsdale Apr/May2022	Youth cycling promotion	193
YH23-6 LBH YH Primary Schools League	Competitive cyclinginprimaryschools	3,152
NWF23-1 New Wave Federation 000220	Cycling promotion inprimaryschools	626
NWF23-2 Thomas Fairchild 000221	Cycling promotion inprimaryschools	246
NWF23-3 New Wave Federation 000226	Cycling promotion inprimaryschools	835
NWF23-4 Thomas Fairchild 000227	Cycling promotion inprimaryschools	145
Total		19,065
Thisyear Lastyear

Thisyear Lastyear

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.

Section C Notes to the accounts (cont)

Note 5 Donated goods, facilities and services

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

	Lastyear
Please provide details of the accounting policy for the recognition and valuation of donated goods, facilities and services.
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.

Section C Notes to the accounts (cont)

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	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	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	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	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	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	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	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	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	-	-	-	-				-
Fudraising 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:	-	-	-	-				-
Portfolio management costs	-	-	-	-	-	-	-	-
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 of participation in cycling and other physical activity 5,519 13,966 - 19,485 8,395 29,120 - 37,515

	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total expenditure on charitable activities	5,519	13,966	-	19,485	8,395	29,120	-	37,515
Separate material item of expense
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total	-	-	-	-	-	-	-	-
Other
Governance	100	161	-	261	123	424	-	546
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total other expenditure TOTAL EXPENDITURE	100	161	-	261	123	424	-	546
	5,619	14,126	-	19,745	8,517	29,544	-	38,061

Other information:

Analysis of expenditure on charitable activities

Analysis of expenditure on charitable activities
	Thisyear				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 of community participation in cycling and other physical activity;advance in life and help young people.	18,442	-	1,043	19,485	35,876	-	1,639	37,515
Activity2	-	-	-	-	-	-	-	-
Other	-	-	-	-	-	-	-	-
Total	18,442	-	1,043	19,485	35,876	-	1,639	37,515

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

This year
Support cost (examples)	Governance	Charitable activities	Activity 2	Activity 3	Grand total	Basis of allocation
	£	£	£	£	£	(Describe method)
Other	261	1,043	-	-	1,304
Total	261	1,043	-	-	1,304

Last year

Last year
Support cost (examples)	Governance	Charitable activities	Activity 2	Activity 3	Grand total	Basis of allocation
	£	£	£	£	£	(Describe method)
Other	546	1,639	-	-	2,186
Total	546	1,639	-	-	2,186

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

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 £
	5,117	21,373
	-	-

	-	-
	5,117	21,373

	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	TRUE

Band	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
	£	£
	5,500	18,993

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	1.75	4.75
Governance	0.25	0.25
Other	-	-
Total	2	5

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
	£ -	£ -

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 £
-	-	-	20,572	20,572
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	20,572	20,572

SL or RB (Straight Line or Reducing Balance)	SL or RB	SL or RB	SL or RB	SL or RB


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

-	-	-	20,572	20,572
-	-	-	20,572	20,572

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

19.1 Analysis of debtors
Trade debtors Prepayments and accrued income Other debtors Total Total	This year £	Last year £
	171	250
	-	-
	134	134
	304	384

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 £
	-	-
	-	-
	-	-
	-	-
	-	-

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 £
-	-	-	-
-	-	-	-
-	-	-	-
2,999	7,835	-	-
- 0	1,284	-	-
-	-	-	-
-	-	-	-
2,999	9,119	-	-

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	This year	Last year	Last year


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

Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand

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 £
	-	-
	-	-
	5,902	6,817
	-	-
	5,902	6,817

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	Thisyear Lastyear
	No risk of exposure.	No risk of exposure.

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: R - restricted income funds, including special trusts, of the charity; U - unrestricted funds

Fund names	T y p e	Purpose and Restrictions	£ Fund balances brought forward	Income £	Expenditure £	Transfers £	£ Gains and losses	£ Fund balances carried forward
HH5 LBH HousingSpringfield	R	Youth and adult cycling promotion	610	-	(610)	-	-	-
WCGL2 Walking CyclingGrants London Year 2	R	Women's cycling project	609	-	(609)	-	-	-
WCGL3 Walking CyclingGrants London Year 3	R	Cycling promotion and maintenance	3,027	-	(3,027)	-	-	-
KPMT23-2 LBH KPMT ‘Active Outdoors’	R	Development ofpartnerships	438	-	(438)	-	-	-
YH23-6 LBH YH PrimarySchools League	R	Competitive cyclinginprimaryschools	3,152	-	(3,152)	-	-	-
LBH YH 000233 000235	R	Cycle maintenance	-	205	(95)	-	-	110
LBH PR 000234	R	London Youth Games	-	250	(250)	-	-	-
LBH YH 000242 000245	R	Primaryschools cycle league	-	2270	(1,037)	-	-	1,233
New Wave Federation 2023-24	R	After-school clubs	-	5,165	(3,730)	-	-	1,435
Viridis 000241	R	After-school clubs	-	340	(340)	-	-	-
HackneyMarsh Partnership000238	R	DaubeneyFields outreach day	-	61	-	-	-	61
Arsenal Foundation	R	Runningof In Tune FC	-	1,000	(839)	-	-	161
Unrestricted	U		18,654	10,745	(5,619)	-	-	23,780
*Other funds*	N/a	N/a	-	-	-	-	-	-
Total Funds			26,490	20,035	(19,745)	-	-	26,779

Summary

Summary
Non-Government Grants	R	-	1,061	(839)	-	-	222
Government Grants	R	7,835	8,230	(13,287)	-	-	2,778
Grants		7,835	9,290	(14,126)	-	-	2,999
Unrestricted	U	18,654	10,745	(5,619)	-	-	23,780
Total Funds		26,490	20,035	(19,745)	-	-	26,779

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

Fund names	T y p e	Purpose and Restrictions	£ Fund balances brought forward	Income £	Expend-iture £	Transfers £	£ Gains and losses	£ Fund balances carried forward
PPL People's Postcode LotteryNG	R	Subsidised kit for BAMEparticipants	208	-	(208)	-	-	-
WWMT William Wates Memorial Trust Year 3 NG	R	Participation of BAMEyouth in cycling	5,655	-	(5,655)	-	-	-
HH5 LBH HousingSpringfield	R	Youth and adult cycling promotion	3,667	-	(2,261)	(796)	-	610
YH15 LBH YH Primary Schools Cycling League	R	Competitive cyclinginprimaryschools	631	-	(631)	-	-	-
YH22 LBH YH Primary Schools Cycling League	R	Competitive cyclinginprimaryschools	3,052	-	(3,052)	-	-	-
CW3 East London NHS Trust (Compass Wellbeing)	R	Physical activityfor MH service users	4,813	-	(3,644)	(1,168)	-	-
SP1 Sported Tackling Inequalities Fund NG	R	Physical activityfor MH service users	585	-	(585)	-	-	-
WCGL2 Walking Cycling Grants London Year 2	R	Women's cycling project	-	2,519	(1,910)	-	-	609
WCGL3 Walking Cycling Grants London Year 3	R	Cycling promotion and maintenance	-	1,859	-	1,168	-	3,027
KPMT23-1 LBH KPMT Concorde Bike Club	R	Youth sessions June-Dec 2022	-	4,998	(4,998)	-	-	-
KPMT23-2 LBH KPMT ‘Active Outdoors’	R	Development ofpartnerships	-	1,000	(563)	-	-	438
PR23-1 LBH Public Realm	R	London Youth Games 2022	-	250	(250)	-	-	-
YH23-1 LBH YH Forest Road half term	R	Youth cycling promotion	-	330	(330)	-	-	-
YH23-2 LBH YH Summer bike at Concorde	R	Youth cycling promotion	-	125	(125)	-	-	-
YH23-3 LBH YH Concorde Sats Jan- Mar 2022	R	Youth cycling promotion	-	1,601	(1,601)	-	-	-
YH23-4 LBH YH Concorde Weds Jan- Mar 2022	R	Youth cycling promotion	-	1,187	(1,187)	-	-	-
YH23-5 LBH YH Forest Road at Elsdale Apr/May2022	R	Youth cycling promotion	-	193	(193)	-	-	-
YH23-6 LBH YH Primary Schools League	R	Competitive cyclinginprimaryschools	-	3,152	-	-	-	3,152
NWF23-1 New Wave Federation 000220	R	Cycling promotion inprimaryschools	-	626	(626)	-	-	-
NWF23-2 Thomas Fairchild 000221	R	Cycling promotion inprimaryschools	-	246	(246)	-	-	-
NWF23-3 New Wave Federation 000226	R	Cycling promotion inprimaryschools	-	835	(835)	-	-	-
NWF23-4 Thomas Fairchild 000227	R	Cycling promotion inprimaryschools	-	145	(145)	-	-	-
SP23 Sported Foundation NG	R	Cycling promotion	-	500	(500)	-	-	-
Unrestricted	UR		21,245	5,130	(8,517)	796	-	18,654
*Other funds*	N/a	N/a	-	-	-	-	-	-
Total Funds			39,855	24,696	(38,061)	-	-	26,489

Summary

Summary
Non-Government Grants	R	6,448	500	(6,948)	-	-	-
Government Grants	R	12,162	19,065	(22,596)	(796)	-	7,835
Grants		18,610	19,565	(29,544)	(796)	-	7,835
Unrestricted	UR	21,245	5,130	(8,517)	796	-	18,654
Total Funds		39,855	24,696	(38,061)	-	-	26,489

Section C Notes to the accounts (cont)

Note 27 Charity funds (cont)

27.3 Transfers between funds

This year

Thisyear
	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

Lastyear
	Reason for transfer and where endowment is converted to income, legal power for its conversion	Amount
Between unrestricted and restricted funds	Purchase from grants of two bicycles which with the agreement of the funders will be used for general charitable purposes.	796
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

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.

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.

Last year

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

TRUE

Name of the trustee or related party	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.

2024-03-31-accounts

Cycling Club Hackney CIO Trustees’ Annual Report 2023-24

Registered address:

Governing document

Trustees:

Objectives and Activities

Achievements and Performance

... and as ever , club rides every Sunday!

Gratitude for our volunteers

Financial Review

Declarations

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

Statement of Financial Activities 1st April 2023 to 31st March 2024

Section A Statement of financial activities

Section B Balance sheet

Section C Notes to the accounts

1.1 Basis of accounting

1.2 Going concern

1.3 Change of accounting policy

Please disclose:

1.4 Changes to accounting estimates

Please disclose:

1.5 Material prior year errors

Please disclose:

Section C Notes to the accounts

Note 2 Accounting policies

Note 2 Accounting policies 2.2 INCOME

2.3 EXPENDITURE AND LIABILITIES

2.4 ASSETS

Note 3 Analysis of income

Note 4 Analysis of receipts of government grants

Note 5 Donated goods, facilities and services

Section C Notes to the accounts (cont)

Note 6 Analysis of expenditure

Other information:

Analysis of expenditure on charitable activities

Section C Notes to the accounts

Note 9 Support Costs

This year

Last year

Section C Notes to the accounts (cont)

11.1 Staff Costs

11.2 Average head count in the year

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

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

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

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

Section C Notes to the accounts (cont)

20.1 Analysis of creditors

20.2 Deferred income

Please complete this note if the charity has deferred income.

Section C Notes to the accounts (cont)

Section C Notes to the accounts (cont)

Note 25 Fair value of assets and liabilities

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

Summary

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

Summary

Note 27 Charity funds (cont)

27.3 Transfers between funds

This year

27.4 Designated funds

This year

Last year

Note 28 Transactions with trustees and related parties

28.1 Trustee remuneration and benefits

This year

Last year

28.2 Trustees' expenses

28.3 Transaction(s) with related parties

This year

Last year