CYCLING FOR HUMANITY
Trustees' Report and Financial Statements
31 March 2024
Registered Charity Number
1206271
CYCLING FOR HUMANITY
Charity information
Trustees
Jaspal Singh Chana (Chair) Jugjit Singh Chana Kushbinder Lal
Accountants
MSB Accountants 5 Wedgewood Avenue West Bromwich B70 0FH
Registered Office
36 Stanfield Road Quinton Birmingham B32 2AH
Registered Charity Number
1206271
CYCLING FOR HUMANITY Financial Statements
for the year ended 31 March 2024
Report of the Trustees
The Trustees of Cycling for Humanity ("the Charity") have pleasure in presenting their report and financial statements for the year ended 31 March 2024. The financial statements comply with the Charities Act 2011, the Charity's Constitution and Accounting and reporting by Charities: Statement of Recommended Practice applicable in the UK and Republic of Ireland (FRS102) (updated 1 January 2019).
The charity, which was previously an unincorporated entity from it's inception on 28 April 2023, was registered as a charity on 19 December 2023.
Objectives and Activities
The objectives of the Charity, as set out in it's Constitution, are to prevent or relieve poverty in the UK and around the world by providing; grants, items and services to individuals in need and/or charities or other organisations working to prevent or relieve poverty.
The Charity's activities include bike rides both in the UK and in Europe aimed at raising funds and awareness of poverty, organising stalls to donate items to the homeless and collecting funds throughout the year for worthy causes.
When reviewing and planning activities over the year, Trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
CYCLING FOR HUMANITY Financial Statements for the year ended 31 March 2024
Report of the Trustees (continued)
Achievements and performance
The period of this report covered the first year of the charity. The work completed in the first year is detailed below. Alongside this work, we undertook the governance and finance processed necessary to ensure the appropriate running of the organisation.
2023 Birmingham to London Bike Ride
The event was held over the May Bank Holiday weekend, with cyclists starting from Handsworth in Birmingham on Saturday, May 27th, 2023. The cyclists stopped overnight at a Sikh temple in Luton before completing the ride at a Sikh temple in Southall. Along the 122-mile journey the cyclists passed Buckingham Palace before finishing their journey on Sunday 28th May.
After the success of the Charity's first bike ride, plans were made to do another bike ride in 2024 which would be bigger and better.
Financial Review
A surplus of £14,509 was reported for the year. No local or Government grants were received during the Charity's first year.
Going Concern
The organisation only has volunteers and does not own or rent any premises. As such there is no significant or recurring expenditure and the Charity can limit it's spending and donations according to the funds raised and carried forward. The organisation is considered a going concern.
Governing Document
Cycling for Humanity is a Charitable Incorporated Organisation ('CIO') and was registered as a Charity on 19 December 2023. The CIO is governed by its Constitution which was adopted by the Board of Trustees on 8 December 2023.
Approved by the Board and signed on its behalf by:
Jaspal Singh Chana
Date: 21/11/2025
CYCLING FOR HUMANITY Financial Statements for the year ended 31 March 2024
Statement of Trustees' responsibilities
The Trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity and of the surplus or deficit incurred by the charity for that year. In preparing those financial statements the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue to exist
The Trustees have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy, at any time, the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011.
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities and to provide reasonable assurance that:
-
the charity is operating efficiently and effectively;
-
its assets are safeguarded against un-authorised use or disposition;
-
proper records are maintained, and financial information used within the charity or for publication is reliable;
-
the charity complies with relevant laws and regulations.
CYCLING FOR HUMANITY Financial Statements for the year ended 31 March 2024
Independent Examiner's Report to the Trustees of Cycling for Humanity ('the Charity')
I report to the charity trustees on my examination of the accounts for the Charity for the year ended 31 March 202 set out on pages 7 to 12.
Responsibilities and basis of report
As the Charity Trustees of the Charity you are responsible for the preparation of the accounts in accordance with th of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts as carried out under section 145 of the 2011 Act and my examination I have followed all applicable Directions given to me by the Charity Commission under section 145( 2011 Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection wit examination giving me cause to believe in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set o Charities (Accounts and Reports) Regulations 2008 other than any requirements that the accounts give a 'true an
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 s in this report in order to enable a proper understanding of the accounts to be reached.
Signed: ….........................
Date: 21 November 2025
Mr Raja Singh Bains MSB Accountants
CYCLING FOR HUMANITY Financial Statements for the year ended 31 March 2024
Statement of Financial Activities
| 2024 | |||
|---|---|---|---|
| Income from | Note | £ | |
| Donations and legacies | 1 | 14,574 | |
| Charitable Activities | 2 | 5,750 | |
| Total Income | 20,324 | ||
| Expenditure on: | |||
| Raising funds | 3 | 416 | |
| Charitable Activities | 4 | 5,399 | |
| Total Expenditure | 5,815 | ||
| Net income/(expenditure) and net | |||
| movement in funds for year | 14,509 | ||
| Reconciliation of funds | |||
| Total funds bought forward | 0 | ||
| Total funds carried forward | 14,509 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities and all funds are unrestricted.
CYCLING FOR HUMANITY Financial Statements for the year ended 31 March 2024
Balance Sheet
| Balance Sheet | ||
|---|---|---|
| 2024 | ||
| £ | ||
| Fixed Assets | ||
| Land and buildings | 0 | |
| Plant and machinery | 0 | |
| 0 | ||
| Current assets | ||
| Cash at bank and in hand | 14,509 | |
| Total Current Assets | 14,509 | |
| Creditors: amounts falling due | ||
| within one year | ||
| Bank loans and overdrafts | 0 | |
| Total current liabilities | 0 | |
| Net current assets/(liabilities) | 14,509 | |
| Total assets less current liabilities | 14,509 | |
| Creditors: amounts falling due | ||
| after more than one year | 0 | |
| Total net assets/(liabilities) | 14,509 | |
| The funds of the Charity | ||
| Unrestricted funds | 14,509 | |
| Total charity funds | 14,509 |
The accompanying accounting policies and notes form part of these financial statements.
Approved by the Trustees and signed on their behalf by: Jaspal Singh Chana
Date: 21 November 2025
CYCLING FOR HUMANITY Financial Statements for the year ended 31 March 2024
Principal accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (updated 1 January 2019) - (Charities SORP (FRS102)) and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
Assets and liabilities are initially recognised at historical cost or transactional value unless otherwise stated in the relevant accounting policy note(s).
Going concern statement
The financial statements have been prepared on a going concern basis which assumes that the Charity will continue to operate. The validity of this assumption is not dependent on any continuing support or grants but based on the fact that the funds raised by the Charity are not impeded by any fixed costs given there are no paid members of staff, all work is undertaken by volunteers, and there are no buildings owned by the charity which would also impose regular costs for the Charity. Instead, all of the funds raised are donated to worthy causes identified by the Charity both in the UK and overseas. The Charity's current business plan shows that the Charity will be able to operate in the foreseeable future and further events to raise more funds for the Charity are already being planned for future years. Based on this understanding, the Trustees believe that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments, which would result from the basis of preparation being appropriate.
Funds
Unrestricted funds are available to spend on activities that further any of the purposes of the Charity. Designated funds are unrestricted funds of the Charity which the Trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations and grants subject to conditions imposed by the provider or by specific terms of the appeal under which the funds were raised. The restrictive conditions are binding upon the Charity.
Income
Income is recognised when the Charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income dependent on certain conditions, amounting to more than mere administrative requirements, is recognised when the conditions have been fulfilled.
Donated services and facilities
Donated professional services and donated facilities are recognised as income when the Charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the Charity of the item is probable and the economic benefit can be measured reliably. In accordance with the Charities SORP FRS102, general volunteer time is not recognised.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the Charity which is the amount the Charity would have been willing to pay to obtain the services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
CYCLING FOR HUMANITY Financial Statements for the year ended 31 March 2024
Principal accounting policies (continued)
Interest receivable
Bank interest is shown on the basis of amounts receivable in the year.
Expenditure
Liabilities are recognised as expenditure as soon there is a legal or constructive obligation committing the Charity to the expenditure. All expenditure is accounted for on an accruals basis. Expenditure is classified under the following activity headings:
-
Costs of raising funds comprises the costs associated with raising income.
-
Expenditure on charitable activities includes the costs undertaken to further the purposes of the Charity and their associated support and governance costs.
Cash and cash equivalents
Cash and cash equivalents include cash at bank and in hand and short-term deposits repayable on or within a three month notice period.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Creditors
Creditors are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably.
Taxation
As a registered Charity no provision is considered necessary for taxation.
CYCLING FOR HUMANITY Financial Statements for the year ended 31 March 2024
Notes to the financial statements
1. Income from donations and legacies
| Donations Total income from donations and legacies 2. Income from charitable activities Sponsorships for bike ride Total income from charitable activities 3. Analysis of expenditure on raising funds Charity buckets Insurance Website Card machine First Aid bag Total cost of raising funds |
2024 £ 14,574 14,574 2024 £ 5,750 5,750 2024 £ 74 95 173 33 41 416 |
|---|---|
CYCLING FOR HUMANITY
Financial Statements
for the year ended 31 March 2024
Notes to the financial statements (continued)
4. Analysis of expenditure on raising funds and charitable activities
| 4. Analysis of expenditure on raising funds and charitable activities Staffing costs Accountancy fees Medals Food and drink for bike ride Sundry expenses Uniform Equipment Repairs and maintenance Office costs Motor Expenses Lanyards Travel costs Bank charges Donation to Unique Homes Jalandhar Total expenses |
2024 £ 0 0 138 123 0 782 78 0 89 243 11 380 59 3,496 5,399 |
|---|---|
5. Trustee remuneration, expenses and transactions
The Charity has no employees.
The Charity's Trustees were not paid nor received any other benefits from the Charity in the year.
The key management personnel of the Charity comprises the Trustees. Trustees receive no remuneration or other benefits from the Charity.
6. Controlling interests
The Charity is controlled by the Trustees.
CYCLING FOR HUMANITY
Trustees' Report and Financial Statements
31 March 2025
Registered Charity Number
1206271
CYCLING FOR HUMANITY
Charity information
Trustees
Jaspal Singh Chana (Chair) Jugjit Singh Chana Kushbinder Lal
Accountants
MSB Accountants 5 Wedgewood Avenue West Bromwich B70 0FH
Registered Office
36 Stanfield Road Quinton Birmingham B32 2AH
Registered Charity Number
1206271
CYCLING FOR HUMANITY Financial Statements
for the year ended 31 March 2025
Report of the Trustees
The Trustees of Cycling for Humanity ("the Charity") have pleasure in presenting their report and financial statements for the year ended 31 March 2025. The financial statements comply with the Charities Act 2011, the Charity's Constitution and Accounting and reporting by Charities: Statement of Recommended Practice applicable in the UK and Republic of Ireland (FRS102) (updated 1 January 2019).
The charity, which was previously an unincorporated entity from it's inception on 28 April 2023, was registered as a charity on 19 December 2023.
Objectives and Activities
The objectives of the Charity, as set out in it's Constitution, are to prevent or relieve poverty in the UK and around the world by providing; grants, items and services to individuals in need and/or charities or other organisations working to prevent or relieve poverty.
The Charity's activities include bike rides both in the UK and in Europe aimed at raising funds and awareness of poverty, organising stalls to donate items to the homeless and collecting funds throughout the year for worthy causes.
When reviewing and planning activities over the year, Trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
CYCLING FOR HUMANITY Financial Statements for the year ended 31 March 2025
Report of the Trustees (continued)
Achievements and performance
The period of this report covered the second year of the charity. The work completed in the second year is detailed below. Alongside this work, we undertook the governance and finance processed necessary to ensure the appropriate running of the organisation.
2024 Birmingham to Elveden Bike Ride
The event took place on 8th and 9th June 2024 with cyclists starting in Birmingham and finishing in Elveden. The cyclists covered 157 miles over the two days before arriving at the place of burial for Maharaja Duleep Singh.
The Charity decided that the next bike ride in 2025 would take cyclists from the UK to an overseas location.
Clothes and food to the homeless in Birmingham
The dedicated volunteers from Cycling for Humanity distributed essential items, including nourishing meals and winter clothing, to those most in need in December 2024.
Presents to children battling cancer at Birmingham Children's Hospital
Presents were delivered to 32 children battling cancer at the Birmingham Children’s Hospital oncology ward. Each gift was thoughtfully chosen to suit the different age groups, ensuring that every child felt the warmth of holiday cheer.
Christmas at Vibgyor Charitable Trust
In the spirit of Christmas, the Vibgyor Charitable Trust (Goa, India), with support from the Charity, brought festive joy to the residents of the Pereira Centre for Senior Citizens in Verla, Mapusa, India. On December 28, 2024, the Trust organized a special buffet lunch for the centre’s 49 residents and staff members, making the season brighter for all.
Free Eye Camp in Punjab Villages
The Charity hosted a free eye health camp near Jalandhar, India on Sunday, March 16 2025, bringing vital healthcare directly to rural communities. The one-day camp welcomed hundreds of villagers from surrounding areas, offering comprehensive eye check-ups, prescription glasses, and cataract screenings – all at no cost.
Financial Review
A surplus of £14,509 was reported for the year. No local or Government grants were received during the Charity's first year.
Going Concern
The organisation only has volunteers and does not own or rent any premises. As such there is no significant or recurring expenditure and the Charity can limit it's spending and donations according to the funds raised and carried forward. The organisation is considered a going concern.
Governing Document
Cycling for Humanity is a Charitable Incorporated Organisation ('CIO') and was registered as a Charity on 19 December 2023. The CIO is governed by its Constitution which was adopted by the Board of Trustees on 8 December 2023.
Approved by the Board and signed on its behalf by:
Jaspal Singh Chana
----- Start of picture text -----
Date: 21/11/2025
----- End of picture text -----
CYCLING FOR HUMANITY Financial Statements for the year ended 31 March 2025
Statement of Trustees' responsibilities
The Trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity and of the surplus or deficit incurred by the charity for that year. In preparing those financial statements the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue to exist
The Trustees have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy, at any time, the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011.
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities and to provide reasonable assurance that:
-
the charity is operating efficiently and effectively;
-
its assets are safeguarded against un-authorised use or disposition;
-
proper records are maintained, and financial information used within the charity or for publication is reliable;
-
the charity complies with relevant laws and regulations.
CYCLING FOR HUMANITY Financial Statements for the year ended 31 March 2025
Independent Examiner's Report to the Trustees of Cycling for Humanity ('the Charity')
I report to the charity trustees on my examination of the accounts for the Charity for the year ended 31 March 202 set out on pages 7 to 12.
Responsibilities and basis of report
As the Charity Trustees of the Charity you are responsible for the preparation of the accounts in accordance with th of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts as carried out under section 145 of the 2011 Act and my examination I have followed all applicable Directions given to me by the Charity Commission under section 145( 2011 Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection wit examination giving me cause to believe in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set o Charities (Accounts and Reports) Regulations 2008 other than any requirements that the accounts give a 'true an
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 s in this report in order to enable a proper understanding of the accounts to be reached.
Signed: ….........................
Date: 21 November 2025
Mr Raja Singh Bains MSB Accountants
CYCLING FOR HUMANITY Financial Statements for the year ended 31 March 2025
Statement of Financial Activities
| 2025 Income from Note £ Donations and legacies 1 9,396 Charitable Activities 2 10,199 Total Income 19,595 Expenditure on: Raising funds 3 472 Charitable Activities 4 5,902 Total Expenditure 6,374 Net income/(expenditure) and net movement in funds for year 13,221 Reconciliation of funds Total funds bought forward 14,509 Total funds carried forward 27,730 |
2024 £ 14,574 5,750 20,324 416 5,399 5,815 14,509 0 14,509 |
|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities and all funds are unrestricted.
CYCLING FOR HUMANITY Financial Statements
for the year ended 31 March 2025
Balance Sheet
| Balance Sheet | ||||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Fixed Assets | ||||
| Land and buildings | 0 | 0 | ||
| Plant and machinery | 0 | 0 | ||
| 0 | 0 | |||
| Current assets | ||||
| Cash at bank and in hand | 27,730 | 14,509 | ||
| Total Current Assets | 27,730 | 14,509 | ||
| Creditors: amounts falling due | ||||
| within one year | ||||
| Bank loans and overdrafts | 0 | 0 | ||
| Total current liabilities | 0 | 0 | ||
| Net current assets/(liabilities) | 27,730 | 14,509 | ||
| Total assets less current liabilities | 27,730 | 14,509 | ||
| Creditors: amounts falling due | ||||
| after more than one year | 0 | 0 | ||
| Total net assets/(liabilities) | 27,730 | 14,509 | ||
| The funds of the Charity | ||||
| Unrestricted funds | 27,730 | 14,509 | ||
| Total charity funds | 27,730 | 14,509 |
The accompanying accounting policies and notes form part of these financial statements.
Approved by the Trustees and signed on their behalf by: Jaspal Singh Chana
Date:
21 November 2025
CYCLING FOR HUMANITY Financial Statements for the year ended 31 March 2025
Principal accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (updated 1 January 2019) - (Charities SORP (FRS102)) and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
Assets and liabilities are initially recognised at historical cost or transactional value unless otherwise stated in the relevant accounting policy note(s).
Going concern statement
The financial statements have been prepared on a going concern basis which assumes that the Charity will continue to operate. The validity of this assumption is not dependent on any continuing support or grants but based on the fact that the funds raised by the Charity are not impeded by any fixed costs given there are no paid members of staff, all work is undertaken by volunteers, and there are no buildings owned by the charity which would also impose regular costs for the Charity. Instead, all of the funds raised are donated to worthy causes identified by the Charity both in the UK and overseas. The Charity's current business plan shows that the Charity will be able to operate in the foreseeable future and further events to raise more funds for the Charity are already being planned for future years. Based on this understanding, the Trustees believe that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments, which would result from the basis of preparation being appropriate.
Funds
Unrestricted funds are available to spend on activities that further any of the purposes of the Charity. Designated funds are unrestricted funds of the Charity which the Trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations and grants subject to conditions imposed by the provider or by specific terms of the appeal under which the funds were raised. The restrictive conditions are binding upon the Charity.
Income
Income is recognised when the Charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income dependent on certain conditions, amounting to more than mere administrative requirements, is recognised when the conditions have been fulfilled.
Donated services and facilities
Donated professional services and donated facilities are recognised as income when the Charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the Charity of the item is probable and the economic benefit can be measured reliably. In accordance with the Charities SORP FRS102, general volunteer time is not recognised.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the Charity which is the amount the Charity would have been willing to pay to obtain the services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
CYCLING FOR HUMANITY Financial Statements for the year ended 31 March 2025
Principal accounting policies (continued)
Interest receivable
Bank interest is shown on the basis of amounts receivable in the year.
Expenditure
Liabilities are recognised as expenditure as soon there is a legal or constructive obligation committing the Charity to the expenditure. All expenditure is accounted for on an accruals basis. Expenditure is classified under the following activity headings:
-
Costs of raising funds comprises the costs associated with raising income.
-
Expenditure on charitable activities includes the costs undertaken to further the purposes of the Charity and their associated support and governance costs.
Cash and cash equivalents
Cash and cash equivalents include cash at bank and in hand and short-term deposits repayable on or within a three month notice period.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Creditors
Creditors are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably.
Taxation
As a registered Charity no provision is considered necessary for taxation.
CYCLING FOR HUMANITY Financial Statements for the year ended 31 March 2025
Notes to the financial statements
1. Income from donations and legacies
| Donations Total income from donations and legacies 2. Income from charitable activities Sponsorships for bike ride Total income from charitable activities 3. Analysis of expenditure on raising funds Charity buckets Insurance Website Card machine First Aid bag Advertisement costs Leaflets Banner Total cost of raising funds |
2025 £ 9,396 9,396 2025 £ 10,199 10,199 2025 £ 0 99 216 0 0 50 8 100 472 |
|---|---|
CYCLING FOR HUMANITY Financial Statements
for the year ended 31 March 2025
Notes to the financial statements (continued)
| 4. Analysis of expenditure on raising funds and charitable activities Staffing costs Accountancy fees Medals Food and drink for bike ride Sundry expenses Uniform Equipment Repairs and maintenance Office costs Motor Expenses Lanyards Travel costs Bank charges Donation to Unique Homes Jalandhar Items for school donation Gazebo for charity events Items for homeless feed in Birmingham Items for Children's Hospital Birmingham Donation to Punjab Eye Camp Donation to Guru Nanak Gurdwara Bedford for overnight stay Donation to Vibgyor Charitable Trust (Goa, India) Somosas to feed homeless Total expenses |
2025 £ 0 0 75 0 0 49 0 0 10 325 0 2,204 63 0 105 200 635 510 500 101 1,000 125 5,902 |
|---|---|
5. Trustee remuneration, expenses and transactions
The Charity has no employees.
The Charity's Trustees were not paid nor received any other benefits from the Charity in the year.
The key management personnel of the Charity comprises the Trustees. Trustees receive no remuneration or other benefits from the Charity.
6. Controlling interests
The Charity is controlled by the Trustees.