NATIONAL CYCLE MUSEUM ANNUAL REPORT 2024/2025
The National Cycle Museum continues to cover the overheads of Premises Rental and associated Expenses such as Insurance, Utilities, and Staff Transport Costs by virtue of the following:
Receipts from Public Access to the Museum Premises
Subscriptions to our Periodic Magazine
Sales of Surplus Machines that belong to the Museum
Donations
Trustees and Volunteers giving freely of their time
Without these inputs we would be in a difficult situation.
Succession Planning does engage the Trustees on a regular basis, particularly in respect of ‘Front of House’ activities.
NATIONAL CYCLE MUSEUM
Registered Number 01821702 (England and Wales) Unaudited Financial Statements for the Year ended 31 March 2025
NATIONAL CYCLE MUSEUM
Contents of the Financial Statements
Company Information 2 Profit and Loss Account 3 Balance Sheet 4
This page does not form part of the statutory financial statements
1
NATIONAL CYCLE MUSEUM
Company Information
for the year from 1 April 2024 to 31 March 2025
Directors ARNOLD, Paul Anthony DAVIES, Alan Peter DAVIES, Freda Mary DAVIES, Owen Glynn GILL, John MAGRATH, Phillip Anderson MELLING, Paul MILLWARD, Andrew, Dr Company Secretary ARNOLD, Paul Anthony Registered Address 73 Barnett Lane Wordsley Near Stourbridge DY8 5PS Accountant CF Accountancy Services 8 Bridge Street B78 1DT Registered Number 01821702 (England and Wales)
2
NATIONAL CYCLE MUSEUM
Profit and Loss Account
for the year from 1 April 2024 to 31 March 2025
| Turnover Staff costs Depreciation and other amounts written off assets Other Charges Tax Profit for the year |
2025 £ 25,922 (5,507) (324) (17,402) (572) |
2024 £ 32,058 (2,905) - (23,702) - |
|---|---|---|
| 2,117 |
5,451 |
3
NATIONAL CYCLE MUSEUM
Balance Sheet as at
| 2025 £ 2024 £ Assets Fixed Assets - 324 Current Assets 59,582 56,065 59,582 56,389 Capital, Reserves and Liabilities Capital and reserves 57,657 55,541 Creditors amounts falling due within one year 700 123 Accruals and deferred income 1,225 725 59,582 56,389 The company is a private company limited by guarantee and registered in England and Wales. It was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime. Average number of employees The average number of persons employed by the company in the period was 0 (previous period: 0). The financial statements were approved and authorised for issue by the Board of Directors on 23 October 2025, and are signed on its behalf by: ARNOLD, Paul Anthony Director Registered Company No. 01821702 31 March 2025 Draft |
2025 £ - 59,582 |
2024 £ 324 56,065 |
|---|---|---|
| 59,582 |
56,389 | |
| 57,657 700 1,225 |
55,541 123 725 |
|
| 59,582 |
56,389 |
4
NATIONAL CYCLE MUSEUM
Registered Number 01821702 (England and Wales) Unaudited Financial Statements for the Year ended 31 March 2025
NATIONAL CYCLE MUSEUM
Company Information for the year from 1 April 2024 to 31 March 2025
Directors ARNOLD, Paul Anthony DAVIES, Alan Peter DAVIES, Freda Mary DAVIES, Owen Glynn GILL, John MAGRATH, Phillip Anderson MELLING, Paul MILLWARD, Andrew, Dr Company Secretary ARNOLD, Paul Anthony Registered Address 73 Barnett Lane Wordsley Near Stourbridge DY8 5PS Registered Number 01821702 (England and Wales)
1
NATIONAL CYCLE MUSEUM
Balance Sheet as at
| 2025 £ 2024 £ Assets Fixed Assets - 324 Current Assets 59,582 56,065 59,582 56,389 Capital, Reserves and Liabilities Capital and reserves 57,657 55,541 Creditors amounts falling due within one year 700 123 Accruals and deferred income 1,225 725 59,582 56,389 The company is a private company limited by guarantee and registered in England and Wales. It was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime. Average number of employees The average number of persons employed by the company in the period was 0 (previous period: 0). The financial statements were approved and authorised for issue by the Board of Directors on 23 October 2025, and are signed on its behalf by: ARNOLD, Paul Anthony Director Registered Company No. 01821702 31 March 2025 Draft |
2025 £ - 59,582 |
2024 £ 324 56,065 |
|---|---|---|
| 59,582 |
56,389 | |
| 57,657 700 1,225 |
55,541 123 725 |
|
| 59,582 |
56,389 |
2