Trustees’ Annual Report for the period
From 1st March 2024 (Period start date) To 31st December 2024 (Period end date)
Charity name: THE LIBERATION CYCLE
Charity registration number: 1208449
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The Liberation Cycle's core purpose is to provide liberation through cycling. This encompasses addressing various societal issues by promoting cycling as a means of independence, skill development, and community engagement. Our overarching goal is to empower individuals and foster positive change through sustainable and accessible cycling initiatives. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
During the reporting period, The Liberation Cycle focused on several key activities to achieve its objectives: Bike Refurbishment and Distribution:We continued our program of collecting donated bicycles, refurbishing them to a high standard, and distributing them to individuals in need, fostering independence and mobility. This often includes providing bikes to those facing financial hardship, new refugees and asylum seekers, and individuals seeking to improve their physical and mental well-being. Community Workshops and Skill Sharing: We operated community workshops that provided a space for individuals to learn bike maintenance skills, build confidence, and connect with others. These workshops served as vital hubs for skill-sharing, peer support, and communitybuilding,directlycontributingto |
| our beneficiaries' independence and self-sufficiency. Advocacy and Awareness:We continued to advocate for the benefits of cycling as a sustainable mode of transport and a tool for social inclusion and individual empowerment. We raised awareness about the environmental, health, and economic advantages of cycling, encouraging wider participation and support for cycling initiatives. |
||
|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees of The Liberation Cycle have had due regard to the guidance issued by the Charity Commission on public benefit in exercising their powers and duties. We are committed to ensuring that our activities are carried out for the public good, with a clear focus on the demonstrable impact on our beneficiaries and the wider community. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy ongrantmaking | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | The success of The Liberation Cycle is heavily reliant on the invaluable contributions of our dedicated volunteers. Throughout the period, volunteers contributed countless hours to bike collection, refurbishment, workshop facilitation, administrative tasks, and outreach activities. Their commitment and passion are fundamental to our ability to deliver our services and extend our reach within the community. We extend our sincere gratitude to all our volunteers for their tireless efforts. |
| Other | ||
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The period ending December 31st, 2024, has been a period of significant achievement for The Liberation Cycle. We have continued to make a tangible difference in the lives of our beneficiaries and contribute positively to society. Empowering Individuals through Mobility: We successfully refurbished and distributed148 bicycles to individuals, enabling them to access employment, education, healthcare, and social opportunities. This direct provision of mobility has had a profound impact on their independence and quality of life. Skill Development and Community Engagement: Our community workshops provided valuable bike maintenance skills and fostered community connections. Community Building and Social Inclusion: The workshops served as vibrant community hubs, fostering connections and reducing social isolation. Beneficiaries and volunteers alike reported a strong sense of belonging and mutual support, contributing to stronger, more inclusive communities. Environmental Impact: By refurbishing and re-using bicycles, we actively contributed to waste reduction and promoted sustainable transportation, lessening our collective environmental footprint. |
Additional information (optional) You may choose to include further statements where relevant about: Achievements against Para 1.41 objectives set Performance of fundraising Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives Other
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity's income was primarily driven by grants awarded, charitable donations and cash introduced. The main expenditures were on purchases for refurbishments and parts purchased for bikes for sale. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | In the financial year 2025, The Liberation Cycle aims to produce a formal reserves policy that will stipulate the reserves to be held, the number of operational months that this will cover and a timetable to reach that goal. The purpose of our reserves is to: Provide working capital to cover day-to-day operational costs and ensure the uninterrupted delivery of our charitable activities. Create a contingency fund to protect against unexpected reductions in income or increases in expenditure. Fund future projects and strategic investments that align with our mission. |
| Amount of reserves held | Para 1.22 | As of December 31, 2024, the charity accrued no reserves. |
| Reasons for holding zero reserves |
Para 1.22 | This was the first year of operating (and, a short year). As above, the charity aims to produce a reserves policy. |
| Details of fund materially in deficit |
Para 1.24 | No funds were materially in deficit during the reporting period. The charity closed the financial year with a net positive balance of £877. |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | The board has no uncertainties with operational structures able to change should the structure and working of the charity need to adapt for any reason, including financial. |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
Our primary sources of income during the period included: - Donations from individuals: A significant portion of our income came from generous public donations. - Grants: We successfully secured grants from various charitable trusts and foundations, supporting specific projects and our general operations. - Sales of refurbished bikes and parts: Income generated from the sale of |
| refurbished bicycles and spare parts also | ||||
| contributed to our financial sustainability. | ||||
| - Community fundraising events: Various | ||||
| fundraising events organised by supporters | ||||
| contributed valuable funds. | ||||
| Investment policy and | Para 1.46 | At this time, after 7 months of operation, we | ||
| objectives including any | have no significant investments. | |||
| social investment policy | ||||
| adopted | ||||
| A description of the principal | Para 1.46 | |||
| risks facing the charity | ||||
| Other | ||||
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO Foundation |
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Appointment by Resolution: Apart from the first trustees, every new trustee must be appointed by a resolution passed at a properly held meeting of the charity trustees. Skills and Experience: Each board member completed a skills audit. The results identified the board’s strengths and also elements that the board might have lacked. This informed the appointment of two further trustees and a continued search for a third new trustee to ensure a broader spectrum of skills to heighten its effectiveness. Eligibility: Every trustee must be a natural person, and no one under the age of 16 can be appointed. At least one trustee must be 18 or older. No Public Election: The document does not provide for a public election or the appointment of trustees by any person or body outside of the existing trustee board. |
Additional information (optional) You may choose to include further statements where relevant about: Policies and procedures Para 1.51 adopted for the induction and training of trustees The charity’s organisational Para 1.51 structure and any wider network with which the charity works Relationship with any related Para 1.51 parties Other
Reference and Administrative details
| Charity name | The Liberation Cycle |
|---|---|
Other name the charity uses |
|
Registered charity number |
1208449 |
| Charity’s principal address | The Workshop, 34 Hay Street, Steeple Morden, ROYSTON, SG8 0PE |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Timothy David Moore(Chair) |
||||
| Katherine Ormiston Smith |
||||
| Oliver Alexander James Parsons |
||||
– Corporate trustees names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| TimothyDavid Moore(Chair) | ||
| Katherine Ormiston Smith | ||
| Oliver Alexander James Parsons |
||
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s)Timothy David Moore Oliver Alexander James Parsons Position (eg Secretary, Chair, etc) Chair Trustee Date20/10/2025 |
||
|---|---|---|
Audit Trail
Document Details
| Title | THE LIBERATION CYCLE TAR-DOC 29.05.24 to 31_12_2024.pdf |
|---|---|
| File Name | THE LIBERATION CYCLE TAR-DOC 29.05.24 to 31.12.2024.pdf |
| Document ID | a7814cd06cfa462dbe29e4db1abee481 |
| Fingerprint | 4bb29abcf6a7ac2cba7114faa94e95e0 |
| Status | Completed |
Document History
| Document Created | Document Created by Antonio Mariconda (antonio@liberationcycle.org) Fingerprint: 34cbf64b0fda93cf28c8536063c351c6 |
Oct 20 2025 06:17PM UTC |
|---|---|---|
| Document Sent | Document Sent to Timothy David Moore (tim@liberationcycle.org) | Oct 20 2025 06:17PM UTC |
| Document Sent | Document Sent to Oliver Alexander James Parsons (oliver@liberationcycle.org) |
Oct 20 2025 06:17PM UTC |
| Document Viewed | Document Viewed by Timothy David Moore (tim@liberationcycle.org) IP: 88.97.204.148 |
Oct 20 2025 06:27PM UTC |
| Document Signed by Timothy David Moore (tim@liberationcycle.org) | ||
| IP: 88.97.204.148 | ||
| Document Signed | Oct 20 2025 06:29PM UTC |
|
| Document Viewed | Document Viewed by Oliver Alexander James Parsons (oliver@liberationcycle.org) IP: 94.8.157.215 |
Oct 20 2025 06:47PM UTC |
| Document Signed by Oliver Alexander James Parsons | ||
| (oliver@liberationcycle.org) | ||
| Document Signed | IP: 94.8.157.215 | Oct 20 2025 06:48PM UTC |
| Document | This document has been completed. | Oct 20 2025 |
| Completed | Fingerprint: 4bb29abcf6a7ac2cba7114faa94e95e0 | 06:51PM UTC |
| The Liberation Cycle | The Liberation Cycle | The Liberation Cycle | The Liberation Cycle | The Liberation Cycle | No (if any) | No (if any) | No (if any) | CC16a | |
|---|---|---|---|---|---|---|---|---|---|
| For the period from |
1 March 2024 | To | 31 December 2024 | ||||||
| Section A Receipts and payments | |||||||||
| A1 Receipts | Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
||||
| Hypercharged Fund | - -- |
- 2,500- |
- -- |
- 2,500- |
- -- |
||||
| Other cash donations | - 2,085- |
- -- |
- -- |
- 2,085- |
- -- |
||||
| Bikes sold | - 1,519- |
- -- |
- -- |
- 1,519- |
- -- |
||||
| Bikes Serviced | - 401- |
- -- |
- -- |
- 401- |
- -- |
||||
| Loan introduced | - 1,157- |
- -- |
- -- |
- 1,157- |
- -- |
||||
| - -- |
- -- |
- -- |
- -- |
- -- |
|||||
| Sub total(Gross income for AR) | - 5,163- |
- 2,500- |
- -- |
- 7,663- |
- -- |
||||
| A2 Asset and investment sales, (see table). |
|||||||||
| A2 Asset and investment sales, (see table). |
|||||||||
| - -- |
- -- |
- -- |
- -- |
||||||
| - -- |
- -- |
- -- |
- -- |
- -- |
|||||
| Sub total- -- Total receipts - 5,163- A3 Payments |
- -- |
- -- |
- -- |
- -- |
- -- |
||||
| - 5,163- |
- 2,500- |
- -- |
- 7,663- |
- -- |
|||||
| Inventory | - 2,106- |
- 1,356- |
- -- |
- 3,462- |
- -- |
||||
| Admin costs | - 269- |
- -- |
- -- |
- 269- |
- -- |
||||
| - -- |
- -- |
- -- |
- -- |
- -- |
|||||
| **Sub total ** | - 2,375- |
- 1,356- |
- -- |
- 3,731- |
- -- |
| - | 5,163- | - | 2,500- | - | -- | - | 7,663- | - | -- | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sub total(Gross income for AR) | |||||||||||||||||||||
| A2 Asset and investment sales, | |||||||||||||||||||||
| (see table). | |||||||||||||||||||||
| - | -- | - | -- | - | -- | - | -- | ||||||||||||||
| - | -- | - | -- | - | -- | - | -- | - | -- | ||||||||||||
| Sub total | - | -- | - | -- | - | -- | - | -- | - | -- | |||||||||||
| **Total receipts ** | - | 5,163- | - | 2,500- | - | -- | - | 7,663- | - | -- | |||||||||||
| A3 Payments | |||||||||||||||||||||
| Inventory | - | 2,106- | - | 1,356- | - | -- | - | 3,462- | - | -- | |||||||||||
| Admin costs | - | 269- | - | -- | - | -- | - | 269- | - | -- | |||||||||||
| - | -- | - | -- | - | -- | - | -- | - | -- | ||||||||||||
| **Sub total ** | - | 2,375- | - | 1,356- | - | -- | - | 3,731- | - | -- |
CCXX R1 accounts (SS)
23/10/2025
1
| A4 Asset and investment | ||||||||||||||||||||
| purchases, (see table) | ||||||||||||||||||||
| Equipment and F&F | - | 1,910- | - | 1,144- | - | -- | - | 3,054- | ||||||||||||
| - | -- | - | -- | - | -- | - | -- | |||||||||||||
| **Sub total ** | - | 1,910- | - | 1,144- | - | -- | - | 3,054- | ||||||||||||
| **Total payments ** | - | 4,285- | - | 2,500- | - | -- | - | 6,785- | - | -- | ||||||||||
| **Net of receipts/(payments) ** | - | 877- | - | 0- | - | -- | - | 878- | - | -- | ||||||||||
| A5 Transfers between funds | - | -- | - | -- | - | -- | - | -- | - | -- | ||||||||||
| A6 Cash funds last year end | - | -- | - | -- | - | -- | - | -- | - | -- | ||||||||||
| **Cash funds this year end ** | - | 877- | - | 0- | - | -- | - | 878- | - | -- | ||||||||||
Section B Statement of assets and liabilities at the end of the period
| Unrestricted | Restricted funds | Restricted funds | Endowment | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Categories | Details | funds | funds | |||||||||||||
| to nearest £ | to nearest £ | to nearest £ | ||||||||||||||
| B1 | Cash | funds | Cash at bank | - | 877- | - | -- | - | -- | |||||||
| - | -- | - | -- | - | -- | |||||||||||
| - | -- | - | -- | - | -- | |||||||||||
| Total cash funds | - | 877- | - | -- | - | -- | ||||||||||
| (agree balances with receipts and payments account (s)) |
OK | OK | OK | |||||||||||||
| Unrestricted | Restricted funds | Endowment | ||||||||||||||
| Details | funds to nearest £ |
to nearest £ | funds to nearest £ |
|||||||||||||
| B2 | Other | monetary assets | - | -- | - | -- | - | -- | ||||||||
| - | -- | - | -- | - | -- | |||||||||||
CCXX R2 accounts (SS)
23/10/2025
2
| B3 Investment assets B4 Assets retained for the charity’s own use B5 Liabilities Signed by one or two trustees on behalf of all the trustees |
Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
|---|---|---|---|---|
| - -- |
- -- |
|||
| - -- |
- -- |
|||
| Current value (optional) |
||||
| - -- |
||||
| - -- |
||||
| When due (optional) |
||||
| Date of approval | ||||
| Oct 23 2025 | ||||
| Oct 23 2025 |
CCXX R3 accounts (SS)
23/10/2025
3
Audit Trail
| Document | Details |
|---|---|
| Title | Charity Commission - TLC Annual Report 2024.xlsx - R&P Accounts.pdf |
| File Name | Charity Commission - TLC Annual Report 2024.xlsx - R&P Accounts.pdf |
| Document ID | 87f748f1c2a84222a256b52d20b35253 |
| Fingerprint | 6749222af5837d4621a2d0f83ce36c9f |
| Status | Completed |
| Document History | Document History | ||
|---|---|---|---|
| Document Created | Document Created by Antonio Mariconda (antonio@liberationcycle.org) Fingerprint: b4059597bf50df5bdf0defc4094b059e |
Oct 23 2025 04:13PM UTC |
|
| Document Sent | Document Sent to Timothy David Moore (tim@liberationcycle.org) | Oct 23 2025 04:13PM UTC |
|
| Document Sent | Document Sent to Katherine Ormiston Smith (kate@liberationcycle.org) | Oct 23 2025 04:13PM UTC |
|
| Document Viewed | Document Viewed by Timothy David Moore (tim@liberationcycle.org) IP: 213.239.67.34 |
Oct 23 2025 05:07PM UTC |
|
| Document Signed by Timothy David Moore (tim@liberationcycle.org) | |||
| IP: 213.239.67.34 | |||
| Document Signed | Oct 23 2025 05:19PM UTC |
||
| Document Viewed | Document Viewed by Katherine Ormiston Smith (kate@liberationcycle.org) IP: 90.252.135.219 |
Oct 23 2025 07:03PM UTC |
|
| Document Viewed | Document Viewed by Katherine Ormiston Smith (kate@liberationcycle.org) IP: 62.252.232.5 |
Oct 23 2025 07:04PM UTC |
|
| Document Signed by Katherine Ormiston Smith (kate@liberationcycle.org) | |||
| IP: 90.252.135.219 | |||
| Document Signed | Oct 23 2025 07:04PM UTC |
Document This document has been completed. Completed Fingerprint: 6749222af5837d4621a2d0f83ce36c9f
Oct 23 2025 07:04PM UTC
PrDcesged by xodo sign