## **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