## BIKING FOR CHILDREN IN CARE LTD 

(A company limited by guarantee) 

Report and Financial Statements For the Eight Month period ending 30 September 2025 

Charity number: 1214895 Company number:  15450534 



Biking for Children in Care (A company limited by guarantee) 

## Trustees’ Annual Report 

## Biking for Children in Care 

This is the first Trustees Annual Report, which covers the eight-month period from the 1st February 2025 to 30th September 2025, in line with the latest financial accounts that have been submitted to Companies House. It is the intention of the Trustees to submit future Annual Reports covering the periods from 1st October of each year to 30th September the following year. 

|Contents|Page|
|---|---|
|Reference and Administrative Details|3|
|Trustees Report|3|
|Independent Examiners report|8|
|Statement of Financial Activities|10|
|Balance Sheet|11|
|Notes to the fnancial statements|12|
|Not forming part of the Financial Statements:||
|Funds raised by members of BfCiC|17|



2 



## Biking for Children in Care 

(A company limited by guarantee) 

## Reference and Administrative Details 

Charity Name: Biking for Children in Care Ltd 

Registered Charity Number: 1214895 

Company Number: 15450534 

Private Company Limited by Guarantee registered in England & Wales 

Registered Office: 2 Amyand Park Gardens, Twickenham, TW1 3HS 

## Trustees and Directors 

Gill Timmis MBE (Chair) Richard Marsh Michael Herbert Sergio Eduardo Ceppi-di-Lecco Douglas Darlow Catherine Thomas Kathryn Tindale Suzanne Granville Aileen Hampson 

## Trustees Report 

The Trustees present their report together with the financial statements of Biking for Children in Care for the eight-month period from 1 February 2025 to 30 September 2025.  This report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK (FRS102) (effective 1 January 2019). 

## Structure, Governance and Management 

Biking for Children in Care is a private company limited by guarantee and a registered charity in England and Wales. 

3 



## Biking for Children in Care 

(A company limited by guarantee) 

The company became incorporated on 29 Jan 2024 and achieved registered charitable status on 11 September 2025. Prior to this the now charitable company had been operating as a member’s club since its first bike ride which took place in 2002. 

The company was established under a Memorandum of Association as amended by Special Resolution dated 10 Sep 2025 which established the objects and powers of the charitable company and is governed under its articles of association. In the event of the company being wound up members are required to contribute an amount not exceeding £10. 

The charity is managed by the Board of Trustees, who meet regularly to oversee the activities, finances and governance of the organisation. 

The trustees are responsible for the strategic direction of the charity and for ensuring that funds raised are applied in accordance with the charity’s objectives. 

## Appointment of Trustees 

The existing trustees, who are all members of the biking planning team, periodically review the skills available within the trustee body in relation to the existing and planned activities of the charity. They will consider further appointments or co-option as and when they are believed to be desirable. 

## Induction of Trustees 

New trustees are likely to be familiar with the organisation. Regardless of that, they receive briefing on their responsibilities and duties and are provided with the information necessary and appropriate for them to carry out their role. 

## Objectives and Activities 

The charity’s objects are to relieve the needs of children and young people in care, and adults who have experienced care, through the provision of grants to organisations supporting those in care and leaving care. 

The charity also seeks to advance amateur sport and promote community participation in healthy recreation for the public benefit by providing facilities and support for cycling such as through organising cycle events, cycle training and cycle maintenance to ensure bicycles are safe to ride. 

The Trustees have had due regard to the Charity Commission’s guidance on public benefit when planning and carrying out the charity’s activities. 

4 



## Biking for Children in Care 

(A company limited by guarantee) 

The charity achieves its objectives primarily through organising cycling events that encourage participation, community engagement and fundraising in support of organisations working with children and young people in care and leaving care. 

## Achievements and Performance 

The year represented a significant milestone in the development of Biking for Children in Care. In addition to successfully becoming a registered charity, the organisation continued to expand its fundraising activities and community participation through organised cycling events. 

We organised two main rides this year. The March ride was a circular fundraising ride through Twickenham, Richmond Park and Wimbledon Common. Lunch and refreshments were provided by volunteers, helping to minimise operating costs. This raised approximately £900, with £850 donated to the International Federation of Social Workers in support of work with Ukrainian children. 

The main fundraising event of the year was the Jurassic Coast ride. The event attracted the largest participation numbers in the charity’s history, with 56 riders and 14 members of the support team taking part. Fifteen participants joined the event for the first time. 

The ride fees covered accommodation, transport, catering support, refreshments and logistics, while significant volunteer support helped control operating costs. The Jurassic Coast ride raised £79,338 for Become, including matched funding expected to be received following the year end.  The charity’s principal beneficiary organisation during the year was Become. 

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit. 

## Volunteer Contribution 

The charity continues to rely heavily on volunteers for the planning and delivery of its activities. 

The trustees would like to formally recognise the contribution made by the planning teams, support crews, drivers, catering volunteers and all those involved in organising and supporting the charity’s events throughout the year. 

The charity also recorded over 1,000 individual donations during the year, reflecting the continued generosity and support of the wider community and providing evidence that the charity is promoting public benefit by broadening knowledge relating to the problems faced by children in care. 

5 



## Biking for Children in Care 

(A company limited by guarantee) 

## Financial Review 

During the year the charity aligned its accounting year end to 30 September. 

The charity successfully obtained charitable status during the year, enabling Gift Aid to be claimed on eligible donations going forward. 

The principal fundraising activities during the year were the March fundraising ride and the Jurassic Coast ride. 

The charity’s financial position remained stable throughout the year, and the trustees are satisfied that the charity remains well placed to continue its charitable activities. 

## Reserves policy 

The fixed costs involved in running the charity are relatively low, with administration costs only amounting to some £300 during the eight-month period.  The Trustees do not therefore consider that the company needs to maintain a sizeable level of reserves. The management's main concern is to ensure as far as possible that expenditure is not committed until the related income stream has been confirmed. 

## Future Plans 

The trustees are looking forward to the 25th anniversary fundraising ride in 2026. 

The trustees have voted to continue supporting Become as the charity’s principal beneficiary organisation of the 2026 ride, while also exploring opportunities to support additional related projects in the future. 

The charity also plans to continue developing community participation in cycling by recruiting newcomers to the group and to explore additional mentoring and volunteer initiatives amongst members and supporters. 

6 



Biking for Children in Care
IA company limited byguarantee)
Members Liability
The Members ofthe Companyguarantee to contribute an amount not exceeding £10
each to the assets of the Company in the event ofwinding up.
Trustee Responsibilities Statement
The trustees are responsible for preparingthe Trustees'Annual Report and the financial
statements in accordance with applicable law and regulations.
Company law requires the trusteesto p￿ pare financial statements for each financial
period that give a true and fair view ofthe state of affairs ofthe charitable companyand
of its incoming resources and application of ￿ sources. includingthe income and
expenditure, ofthe charityforthat period.
In preparingthese financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently"
observe the methods and principles of the Charities SORP IFRS 1021:
make judgements and accounting estimates that are reasonable and prudent;
and
prepare the financial ststements on the going concern basis unless it is
inappropriate to assume that the charity wiLi continue on that basis.
The trustees are responsible for keeping adequate accounting records that disclose
with reasonable accuracy at anytime the financial position of the charity and to enable
them to ensure that the financial statements comply with the Companies Act 2006.
The trustees are also responsible for safeguardingthe assets of the charity and for
taking reasonable steps forthe prevention and detection offraud and other
irregularities.
Approved bythe Board ofTrustees on:
11
Signed on behalf of the trustees:
GillTimmis MBE
Chair ofTrustees

Biking for Children in Care (A company limited by guarantee) 

## **Independent examiner’s Report to the Trustees of Biking for Children in Care (“the Company”)** 

I report to the charity trustees on my examination of the accounts of the Company for the eight-month period ended 30 September 2025, which are set out on pages 10 to 12. 

## **Responsibilities and basis of report** 

As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”). 

Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Company’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”).  In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.) 

## **Independent examiner’s statement** 

I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that: 

- accounting records were not kept in accordance with section 386 of the Companies Act 2006; or 

- the accounts do not accord with such records; or 

- the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or 

- • the accounts have not been prepared in accordance with the Charities SORP (FRS 102). 

8 



Biking for Children in Care
(A company limited by guarantee)
Independent examiner's statement continued
I have no concerns and have come across no other matters in connection
with the examination to which attention should be drawn in this report in
order to enable a proper understanding of the accounts to be reached.
Signed
Date 30 May 2026
Carol Ruddock
40 Spencer Road
Strawbery Hill
Twickenham
TW2 5TQ
Disclosure
Glve here brief details of any items that the examlner wishes to disclose.
Only complete if the examiner needs to highlight material matters of concern (see
CC32. Independent examination of charity accounts- directions and guidance for
examiners).
No disclosure required.

Biking for Children in Care (A company limited by guarantee) 

Summary of Financial Activities for the 8 month period ending 

|30th September 2025<br>**Incoming resources**<br>Donations Ukraine children<br>Donations Jurassic Coast Ride<br>Donations East Anglia Ride<br>Bike for Bailey<br>Participants payments Jurassic<br>Coast<br>Participants payments East Anglia<br>**Resources expended**<br>Direct cycle ride expenses 2025:<br>Travel<br>Hotels<br>Recce & fuel<br>Lunches<br>Evening Meals<br>Vehicle Hire<br>**Total direct costs**<br>**Administrative costs**<br>Companies House costs<br>Website, bank costs & Insurance<br>**Total administrative costs**<br>**Net funds generated from**<br>**activities**<br> <br>**Donations paid out in year**<br>BECOME (Jurassic Coast)<br>BECOME (East Anglia)<br>Ukraine children<br>Bike for Bailey<br>**Total donations**<br>Opening Funds<br>changes from previous year<br>Movement in Funds<br>Closing funds at 30/09/2025|**Bike Ride**<br>**Unrestricted**<br>27,770|**Donations**<br>**Restricted**<br>900<br>1,720|**Company**<br>**Totals**<br>900<br>1,720<br>27,770<br>30,390<br>2,207<br>17,285<br>823<br>1,128<br>4,045<br>2,026<br>27,514<br>34<br> <br>273<br>307<br>2,569<br>1,750<br>850<br>2,600<br>375<br>-31<br>344|**Previous**<br>**Year**<br>**31/01/25**<br>1,290<br>7,792<br>180<br>22,000|
|---|---|---|---|---|
||27,770<br>2,207<br>17,285<br>823<br>1,128<br>4,045<br>2,026|2,620<br>||31,262<br>1,099<br>13,984<br>523<br>719<br>3,219<br>2,140|
||27,514<br>34<br>248|25||21,684<br>371|
||282<br>-26|25<br>2,595<br>1,750<br>850||371<br>9,207<br>8,000<br>1,290<br>166|
||0|2,600||9,456|
||375<br>-26|0<br>-5||625<br>-250|
||349|-5||375|



10 



Biking for Children in Care (A company limited by guarantee) 

## **Represented by:** 

|**Represented by:**|**Represented by:**|||||
|---|---|---|---|---|---|
|Change in Current Assets / Liabilities||||||
|Contributions paid in advance|||||-3,920|
|Santander Treasurer's Account||349|-5|344|4,295|
|Total Funds carried forward||349|-5|344|375|
|||||**at**||
||**at 30/09/2025**|||**31/01/25**||
|**BALANCE SHEET Notes**|**Company**|||**Company**||
||**Unrestricted**|**Restricted**|**Total**|**Total**||
||£|||£||
|**Fixed Assets**|0||0|0||
|**Current Assets**||||||
|Debtors|0||0|0||
|Bank|349|1,745|2,094|4,295||
|Total Current Assets|349|1,745|2,094|4,295||
|**Current Liabilities**||||||
|Participants||||||
|contributions received||||||
|in advance|0||0|-3,870||
|Sponsorship received||||||
|in advance|||0|-50||
|Grant committed to||||||
|Become|0|-1,750|-1,750|||
|Total Current Liabilities|0|-1,750|-1,750|-3,920||
|||||||
|**Total Net Assets**|349|-5|344|375||
|**Funds of the**||||||
|**Company**||||||
|Opening Sponsorship||||||
|Funds Restricted|0||0|194||
|Opening General||||||
|Funds|375||375|431||
|Movement in||||||
|Restricted funds||-5|-5|-194||
|Trading account in||||||
|year|-26||-26|-56||
|**Total funds**|349|-5|344|375||



11 



Biking for Children in Care
(A company limited byguaranteel
Notes to the Financlal Statements and Balance Sheet
The Company was entitled to exemption from audit under section 477 of the Companies
Act 2006
The members have not required the company to obtain an audit for the period under
revlew in accordan￿ with 5ertion 476 of the Companies Art 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the
Act with respect to accounting records and preparation of financial statements
The flnancial statements have been prepared In accordance with the provisions appllcable
to entities subject to the small companles reglme.
The financial statements were approved and authorised for issue by the Trustees and
signed on their behalf by
Signed by:
Trustee
Date:
IDa5
The notes on pages 13 to 16 fomi part of these financial statements
12

Biking for Children in Care (A company limited by guarantee) 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE EIGHT MONTH PERIOD ENDED 30 SEPTEMBER 2025 

## 1. **General information** 

Biking for Children in Care is a charitable company limited by guarantee incorporated in England and Wales within the United Kingdom. 

## 2. **Accounting policies** 

## 2.1 **Basis of preparation of financial statements** 

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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) (effective 1 January 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. 

Biking for Children in Care meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 

## **2.2 Going concern** 

The financial statements have been prepared on a going concern basis. 

## **2.3 Income** 

All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Deferred income relates to corporate support, entry fees and advance sponsorship received in respect of the following year's cycle ride. 

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. 

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service. 

## **2.4 Expenditure** 

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 

13 



Biking for Children in Care (A company limited by guarantee) 

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. 

Shared costs which contribute to more than one activity fall mainly under the heading of administration costs and are itemised accordingly. 

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs **.** 

## **2.5 Debtors** 

Trade and other debtors are recognised at the settlement amount after any trade discount offered.  Prepayments are valued at the amount prepaid net of any trade discounts due. 

## **2.6 Cash at bank and in hand** 

Cash at bank and in hand includes cash and short-term deposits or savings accounts. 

## **2.7 Liabilities and provisions** 

Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. 

## **2.8 Financial instruments** 

The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. 

## **2.9 Fund accounting** 

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes. 

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. 

The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. 

Investment income, gains and losses are allocated to the general fund. 

14 



Biking for Children in Care (A company limited by guarantee) 

|**3. Incoming resources**<br>**Donations**<br>Ukraine children<br>Jurassic Coast Ride<br>East Anglia Ride<br>Bike for Bailey<br>**Fundraising activities**<br>Participants payments<br>Jurassic Coast<br>Participants payments<br>East Anglia<br>**Total Incoming**<br>**resources**|**Eight-Months**<br>**Bike Ride**<br>**Unrestricted**|**ended 30 Sep 2025**<br>**Company**<br>**Restricted**<br>**Totals**<br>900<br>900<br>1,720<br>1,720<br>2,620<br>2,620<br>27,770|**Previous**<br>**Year**<br>**31/01/25**<br>1,290<br>7,792<br>180|
|---|---|---|---|
||0<br>27,770||9,262<br>22,000|
||27,770|0<br>27,770|22,000|
||27,770|2,620<br>30,390|31,262|



Donations were payments made directly to the Charity by the members relating to specific rides organised by the Charity 

Bike for Bailey were donations made to the charity for the provision of a bike to Bailey, a former care-leaver who required a bike to enable him to cycle to work 

Fundraising activities are collected from participants on the bike rides, to cover such items as hotel costs, travel arrangements, food and support vehicles for the rides 

|**4. Resources expended**<br>**Eight-Months ended 30 Sep 2025**<br>**Bike Ride**<br>**Company**<br>**Unrestricted**<br>**Restricted**<br>**Totals**<br>**Direct cycle ride expenses:**<br>Travel<br>2,207<br>2,207<br>Hotels<br>17,285<br>17,285<br>Recce & fuel<br>823<br>823<br>Lunches<br>1,128<br>1,128<br>Evening Meals<br>4,045<br>4,045<br>Vehicle Hire<br>2,026<br>2,026<br>**Total direct costs**<br>27,514<br>27,514|**Year**<br>**31/01/25**<br>1,099<br>13,984<br>523<br>719<br>3,219<br>2,140|
|---|---|
||21,684|



15 



## Biking for Children in Care 

(A company limited by guarantee) 

|**Administrative costs**<br>Companies House costs<br>Website bank costs &<br>Insurance<br>**Total administrative**<br>**costs**<br>**Total resources expended**|**Eight-Months ended 30 Sep 2025**<br>**Bike Ride**<br>**Company**<br>**Unrestricted**<br>**Restricted**<br>**Totals**<br>34<br>34<br>248<br>25<br>273<br>282<br>25<br>307<br>27,796<br>25<br>27,821|**Previous**<br>**Year**<br>**31/01/25**<br>371|
|---|---|---|
|||371|
|||22,055|



## **5. Movement in Funds** 

## **for the eight-month period** 

|**5. Movement in Funds**<br>**for the eight-month period**||||
|---|---|---|---|
|Restricted Funds<br>Unrestricted Funds<br>**Total Funds**|**Opening**<br>**Balance**<br>**31/01/25**<br>0<br>375|**Incoming**<br>**Outgoing**<br>**resources**<br>**resources**<br>2,620<br>-2,625<br>27,770<br>-27,796|**Closing**<br>**Balance**<br>**30/09/25**<br>-5<br>349|
||375|30,390<br>-30,421|344|



## **6.  Staff, Employment Costs and Volunteers** 

The Company did not employ any staff or make any salary payments during the period. All members of the Management Committee give their time voluntarily and received no benefits from the Company. 

The Company receives considerable support from its base of volunteers, with no financial payments being paid by the company to this noble group.  The value of services provided by volunteers has not been included in these accounts. 


16 



Biking for Children in Care (A company limited by guarantee) 

## This page does not form part of the Company’s Financial Statements 

Sponsorship raised by members of Biking for Children in Care from 2002 

|2002||
|---|---|
|**Donations to date:**|**£**|
|**Become charity**(Note 5)||
|2002 Lands End to Jo'G|32,307|
|2003 Gatwick|15,900|
|2004 Swindon|32,187|
|2005 London to Paris|30,437|
|2006 Holland Bike Ride|32,241|
|2007 TPT Bike Ride|42,688|
|2008 Belgium Bike Ride|43,573|
|2009 Loire Bike Ride|39,175|
|2010 Borders Bike Ride|35,012|
|2011 Mosel Bike Ride|51,569|
|2012 Burgundy Bike ide|58,512|
|2013 Holland Ride|45,008|
|2014 Normandy Ride|48,607|
|2015 Brittany Ride|51,910|
|2016 Cologne Ride|43,029|
|2017 Cymru Ride|48,105|
|2018 Coast & Castles|45,124|
|2019 Velos vers Versailles|63,407|
|2020 Lockdown 200|41,850|
|2021 Cymru Beicio|60,911|
|2022 North Yorks Tour|48,525|
|2023 Cantii Way|63,080|
|2024 East Anglia|60,297|
|2025 Jurassic Coast|79,338|
|Become Gift Aid|35,416|
|**Sub-total Become**|**1,148,208**|
|**Other beneficiaries**||
|2005 Tsunami appeal|3,500|
|2006 SAPI Bulgaria|4,433|
|2007-20 Joining Up Project|22,404|
|2008-14 Ethiopia/ Namibia|8,377|
|2022-25 Ukraine|5,545|
|**Total to date**|**1,192,467**|



This Table sets out the funds raised by BFCIC members via both the JustGiving website or paid direct to the Become charity. 

17 



Biking for Children in Care
{A company limited by guarantee)