Char*y r•915tr•ii•n Nmb•rS¢Q3978918cc••Thdl
AIIIIVAL AEPQRT AND UNAVDfTED FIIAFICWL STATEIIENTS
FOR ThE YEAA ENDED JO JIM 2024
•AEY3F71G*
18mm6
C(XIPWES ￿K￿lSE
13

FREE WHEEL NORTH
LEGAL ANDADMINISTRATNE WFOR¥AIION
Olrq¢iorn
Hwry UcEwan
Chprlty numb•r (*olland)
Pth¢lpal and Rg955tqr•d olftG•
G4Q ICG
IndAp•nd•nt&Yarnlnor
B4nkn
PO 250

FREE WMEEL PIOIITh
CONTENTS
B*nc• sheet
NdeG loknc•al stat4fflWtG
&12

FREE WNEEL NORTH
DIRECTOAS. REPOAT
tharity's tJo¥errArodo￿m*rt￿. thè Charit*s and (S(x￿) Ad21XIS. AcDxMts {SCoUa￿I Rew13￿7n5 XQ6 la5
4rnèthl￿)and"A¢cOuntln9 ￿ Repornw ty Chai￿. sraiBmAntolR•rnmwKW P[•c￿￿ w*parity their ar￿)￿￿$ in
Accoidanc&WAh ￿ FA3nGial Reporbr¥J Siarwjwd aF*at49 in ￿ UK Rew*￿1[¢13￿j {FRS 102r 1off•th$ 1 Jwu•ry2019}.
Act 2005 and 095thialed regLl4ty(￿. ThvOY¥thrs*e respty￿bIe fvjrthe stratsw¢trgc*•Jn aTrJ o%*rW ofthè tharty￿ S*￿ in a ¥{￿￿1
caF4Uty.
H*ry MGEwan
catr￿￿ uu1hd￿￿d
MonT￿nAm78tr(
TPor8 nof*angos BOa￿d￿r￿j
Obivctiv•• Acthitles
on nwntwnirylhg c¢reowaiior6•*J ass•ts.
R•¥lBw of lh• Y•4r
Durihytha YO¥r•￿ yj June 2024. rec**d Trj externolfundKwJ. winardy as a rESu*ofrewabonal¢JNnJyE Dewe the
R•a•M#Polty
th•¥Jrrenlfinaii?* c*rAte.
Illekll•th•A•mnt
H•ny M¢EwAn
21st Februwy2026

FREE WHEEL NORTh
TO THE DAecTI)RS OF FREE YIHEEL 140RTh
The chartvs trustsos Dfuw wpxè0lc￿rty Iw)arO￿5r￿ forlhe w¢parntiDn olth* 82ts)unls In
acco7Jwce *iihth• terms oftho ChattiOSAThY T(tsgteo 2C¥)S AcrJyJnt6 (Sr¥knd}RegL•atiMs 200614s
a￿￿je￿I. Th¢ ¢h8rity tnjsteesu￿gder Uwtthe OrReg￿￿K￿l 11111 lal to{c}of the 20￿ fvL(>Mi$ R9guI•￿￿s d005 not ￿pp￿. M.
my resrK1r￿blIty1Ot￿?rnTh wuyed s*¥J&T 44(11 Ic)dthg Ad ¥dtostate fflatwsha￿ to my
attontion.
. PAyex•rnin811￿ 13 taryied in aCcUdw￿¥rth Rg9JL3iM 11 olth• 2(￿ R•*bMS. An kK*Jdksa r•wiofirw *¢thinbr¥J
ro¢ord$ kopl byth¢ tharity otlhe aCC47UntS kw95entedY￿kn tFvJ50 reccrfs. indudo$ olaw urvJwBI itsmgc
d￿¢asUre$ In tho a¢coLni$, 8r¥l seek$ext￿T￿l￿s f¥crfTrtretrwtee51￿¢e1rrfr8 ffj 5LK* rTr&ttw5. The r*￿d￿re5 wdert*en tord pmide al th
dgp•nd•nl •xarnln•rfs $tht4ffl4
Re9￿#bI*S le5 amer￿Trar￿$ 5edw 1￿ ottr￿Cha1tr￿sknt 2011
) rKepare a£¢LMn)tsTh￿h acce￿ *iththe ro(￿5 and Re9￿9￿ 8 ofth• 2006 A¢￿￿19
Re9￿aD￿SlOS aMATh￿land lh* theforn t￿1+MO1acc￿)L¥￿sèi oji In lh• Chpritse5
athj RepNts) RewklthyE5 2CQ8 ofthe ChanDe5 Act2011
A%hl•y IA¢Oowall
ACCA

FREE WHEEL NOATM
STATEIIENTOF FINANCIAL ACTwirEs
INCL110114G INCOME AND EXPEFIDinJRE ACC¢JUIIT
Totsi
Toi
Funts
Funrfs
2￿4
2024
2•24
2023
OL*)adons
2.060
20.8
2.888
1.000
In¢orf* from 0lhertradin9acINili
84.n1
10.475
T•W I￿orn*
31375
Cosiofch8rit8ble
85.C¢3 36258
19.8￿.LI>
141,152
2Q4,811
Net rnovemtnt in fund¥
11.475
Q3.086
.120.103
Fund balancei * l Juty 2023
27259
169.516
14.49)
211,295
331.398
Fund baiincei ¥t 30 June2024
133.277
25.965
1882(¥a
211,295
The stalementolfin8rt*l 8N g*7$ a￿1 ktssesrnV4)*8d *i the yow.
Act 20Cffj.

FREE Y•llEEL NORTH
8ALAN¢E SHEET
AS AT 30 JUNE 2024
2023
Fix•d a$$•ts
Tar¥jIb￿ assets
Curr•nt ass•ts
Debtors
Cash al bank and in hand
11
133.277
169,546
12
2.474
2.660
45,366
48.026
Credltors: f*ll•ng dut ¥rthln
one ye•r
13
13.1341
16.2771
54,932
41.749
T<>tsl a$s•ts le88 current ltsblMty•S
188.209
211.295
Income fvnds
Restrfcted funds
14
14.4
Destqnated lunds
G8n¢ral uNesiii¢led
15
133.277
28.967
169.546
27.259
162244
196.805
188,209
211,295

FREE WHEEL IIORTH
ALANCE SHEET
ASAT JO JUME 2024
2024.
¢YeWalh)n offiD•ncial ￿ternI￿5.
T￿￿￿¥￿101s￿ertw¢0 *•rnappDrnltythe CireLtsson 21st Fetsn￿ry2o2O
HArry IkE*•
ieclur
Daied". 21st Fo￿Yery 2028
Cornp8ny Flegi$irnlicffj ￿. SC944339

FAeEIWNEEL KORTrI
NOTES TOTHE HNANCIAL STAYEMEHTS
FOR TrIE YEAR eNPED 30Th JUNE 21ll4
Strwt, &3sg2w. G40 1DG
1.1 Accounllng Conv•n￿n
The finanoal statements been wep¥ed in tho M8rrKw8rvJum 8ThSAfth ofA650ri&tsL￿ the Chanties
and Tntstees Invesbnent IS¢oiwi Ad2W5. Chafii*sA<wJnts (SC￿￿￿￿RegUPa1m￿S 2(￿(8$ ameTrYed}. Companies Act2016
and"Ac(thnbng and byCharii*s." Ststerrv&of Rer4mmpndBd PractiG* apF*aty* IJ charit¢*s wep8nw thgiraccourts in
￿￿o￿n¢* ￿1th ￿ Finawal RepLVtry StaThJwd UKaNI of kelaTrJ IFRS 102118ff8f*¥o l j￿￿￿2019r.
Tl* ¢ a P￿11¢ Senefil Entitya5 defined by FRS 11rL.
Statement ofcath
rtyjrtded to the nq¥e5tL
1.2 Golfig eoneefft
lo cOn￿n￿¢ in oporationai trxi%kn1¢6 fore8888￿ fulure. The Truste0$e￿$Wjtir thare are ￿ m•wiai urKèrtwnbes abcwl th8
cb8nV$ atNlity 10 ¢onbrHJe as a crmcem. Tntsiee5 ryfflts"r¥Jeto aJcytth2 gDw¥ bas15 ofaccounbng in prwNJ
ihe ffin¥￿al 5tatwn¥ts.
1.3 CMritable lund5
Dasi9na￿ *JThJs Ltynryise fiJnd5 ha¥e be￿ seta5bJe ai oflhe L*•th$ftysp**purp￿& Th& pupotsas
uses oflhe Oesr9nated fwKl$ are ¥el rAIt ifb nrAes ID IhefiMthi* stttrnenl
funds are set￿1 inth8 f#)18Sto the s1rter￿￿ts.
1A IrKom•
is re(¥47*l th**ty c**ty is toil ofte¢wrf k￿r¥￿J￿15fva￿* been met. ts arr#)Lmts ran be
measuiod rdiBbly. arwj * is wcèable that Incrffle V4il be
perfrymance condtI￿$ require d8fw(8loflh¢ a￿n( retty*rab￿b) (bnatiDn5 rff4Ned urthrGiftAd is reL*Wnised 81 the
line orth8 donabw.
IncL¥ne frorn Charbt¥b* Advlies
tharity. Inoime from ChArilab￿ athwle5 15 reEcgrffjwJ as ewn las the relaied (*services are wowdeO1.
Gv3nts recqlvabl•
hGrJme from gtyl•mrr￿I *d other gr•i&. *1*ther'CaF￿Qr,reVerth' inn*n. are thotharity has uncwdilkinBI
¢niwmnltothe prc*ablg iThai the bo r¢cewJ wrwl can be raabty.
e￿I￿eMan1 ￿ t* achip4e(I any Q* Ok)WethNJi￿$¥ila￿￿# 10 the gBnts h8¥e boqn mei orfilfilment &fltw)6tr
ondthonts 15 wlhin oftr
pe￿r￿0 are ¥tt8ctsd to Ihe 9wI awe b8 meL 15 rt4nis8da$ a kndud8d c

FREE I*IHEEL NORTH
NOTES TO THE FIF4ANCIAL STATEMEiifs ICQNTlNI￿D
FOR THE YEAR ENDED JQTH JUNE 2024
Acc•u￿1￿9 poli¢ies
{Cothtlnu•dl
<Xh•rtrading activAi•
frJndrai51ng events 8TrY Is wnisad the has entilerf*rttO Ihe IwJ& rt i8 wc4)at4e th* these *yl ty¢ rece￿ Ihe
arrK)unt5 w be rnea5ured re4ably.
1A Expgn¢l¢¥r•
L￿billIES a￿ ￿cOgnISed 05 eX(￿l￿e as 8811￿ is a ￿al LY L¥JrtSknth thligakn) the £￿ty to that exp*diture.
il is probabh Ihat soWorn•rt %bil t• and olthe can be nwSu￿j Lv fdk*Jly.
Lvabililes are rnea5wed on recognrfion al hi%t(￿l C￿15 arky IW subsewty measured al ￿ best estimaté of the amouni foquired
10 sellle thè ot4vJatoni at the repcthw dale. The excepbcffj is lIKai￿rtaIn finawl nstrwnts nYJst be *Jjusted ￿ Ih*r present value..
these inc￿de finanoal I￿￿rte5 ￿re seuleffwl delwred 12 after b)e rwbtYJ dale.
l exp8TrYthre x¢ounted fwon w acuu* bags.All S￿￿1 o)sts and govgtrort9 eosts are afncaied c¢
8FWrbo￿y ¢0 the appb"Cob￿ ￿8¢￿.
Expendilur• on Charitsbl8 Activii
Expenditure w tharitsNe arthvi￿ Ind￿ *1 o)sts by ￿ c*aiity in uTrJert8kiYJ thai frJrtl￿r ils Chan￿ble 8lm$ for
the benefil of its benefiuanes. Ih)se supwt (￿ts and costs lo Ihe govemartt oftr* charity 8PP)rt*)ne(I lo
tharitable activthe5. The costs ol Ch¥lab￿ athi195 W•s•nted in fv sta¢•n￿Of ActiviW the ry)5ts of bolh (*rect
service prov151L￿ a￿1 Iha paywts olgrant wards rf aWKal)le.
GoYÈfnment
G¢)vemn￿nt ¢0515 are indLwJ8d as 8 5WPJrt costs in With SORPI cryrfi5e 311 costs invoknng th
blK awuntatxltyof the and rts cornF4￿ with rEgulabw aTrY go)Y eA)sts I￿je Ihose related to
C*institutKfflal and stalutory reqyir•T*nls. ex￿n￿ scruiry independent examinalK)nl. stsat•gr mana9Ement, and other legal
ole5swJnal fae$.
Actlvlty b•i•d r•wtlng
To rA)mplyfuly Mlh the Staiemenl OIRfjc￿￿￿Th￿•d Practirewwld rgwir• income and exp2nLlbJre io be rep￿e￿ by aL*vity. The
Oirector5 are of the that the aclivths oflhe charity are inter4iTrk8d. Lherefore l￿W[XJkI vnw¥(*icJl lo and wfjuld
ovKle rK) addibonal benefft lo us•r5 of IhEse finano¥al staterrnnts. Th2reth nD **stsof irKLYne aThJ expendrtur&4s
0￿8￿ wthin these fin￿￿al slatwnents.
Ivrecoverabl• VAT
1.6 T•nglbl• 1Sx•d a88•ts
TarvJib* fix8d assets ir•tiaty measured at cost subsewty ma8￿& atcost ty ￿￿•1￿, and any
pairM￿l ￿)888$.
Depre￿1￿￿ is ￿(￿niS¢¢ $0 85 to writs off ¢ost [¥VabJati￿ of ass¢is less thelr re5￿jen11al ¥ah*s ￿rthe￿ useful the
follwng basis..
LaasehohJ lThyo¥ernpNS
The whit8hLX￿. ma￿111. ￿ str•ght li
GLwtrAf Cthn. stravJht kA*over 15 yaars
25 5trwJM
F￿￿e5, fiuirys and eRuyn*nl
The 98in or kn55 ￿￿rgon th8 th18n 88881 ￿ detwmwwd as lh8 thE sakt woEe&J5 and the ¥alu•of

FREE VVHEEL 140RTh
NOTES TO THE FINANCiAL STATEhlENTS (CONTI
FOR ThE YEAR ENDED 30Th JUNE 2024
Icortlnugd)
1.7 Inwlm*nt of fix•<l ￿9•ts
Al each fep(xting end date, Its tharity revw5 the carryry of its tw assets ￿￿etermIne kthelher Ilwe ts ony ind￿￿
that Ihose assets h•¥% Suffer￿ an Im￿l￿re￿I k)ss. many suc* thats. the recoverable affthnt ofts a55et is estimatèd in
¢rder lo date￿1￿? th• ￿teTht af th• b85 [rfanyl.
1.8 ¢Ash and c•8h •qulval*nt•
Cash and cash ewiv*NS Ind￿ cash *i ha￿. deposits hBld at e41 *ilh b**s. olher slvt4grrn wNes1m￿ts wlh original
makn%￿S of Ihre• months ¢y ts$5. * bank ¢yrfwthalts. B￿￿%￿raft$ aro s￿)W￿ *ilhin LyJThertty 11a￿11145.
1.9 Flftan¢lal h7$tryments
The thanty ha$ elecied 10 awty k¥OWSiWS ol seLIm￿ 11 PtisTc Fin*Yid IrthmeN5'wd Secti￿b 12 Y)ther Finwrlal In$trurnents
155ues' of FRS 102 to811 ol its financi81 instnmenl5.
irwrumrt
Fin￿l¥al assets and I￿trAI￿eS are r*5eL *ilh amcwt5 prosented wblhefjna￿ stalwnerts. *then thwe is a *g81ty enforco8b
ryht lo setoff recLsnised arrwjunts there 15 an inlenlb2n to selkon a b35t5 orto reali5e the ass•1 and s•ttk the lia￿lty
ymuttarwusly.
8¥s1¢fvn￿cwW•ts
Basic finanrjal assets, tythledebtors rash and bar* baL8fw. ff￿a￿red at b8ns8th#)n rKKe indwlir¢
tranS8th￿ ￿$ts and tT& subsew￿ty caryied ot ?￿rb￿ ￿$1 us*vJ the eff￿¥9 intgrgst rnbth(xl wrnn9Bment tth)stituthS
8 financing transac￿￿. where thtr Iransacbon Is rnea5ufe èi Ihe p￿Serf vahJeoltht luiure raceipts di5counl&J * a mathet rate
interest FinanciaIa&8etscL*￿d as r8*wable withwb yw are wt alW￿ed.
8asK finano81 l*tsiityes. tAEdittr$ bart wMknaAy attrdThsKI￿
nsiitutes a financ¥ry Iran5aciw, where the ¢J•bt instwmenl ￿ I￿&￿ured 81 th2 wesenl value r￿Ure payments discountod 8t
martel rale of ffttsresi. FiTrar￿￿ liatibties dassified as payat48 yearare a￿￿Sed.
uBdit¢rs *0 obb3atirm to payfoTwuds ¢y $wvK￿5thaI boen at4uired in the Lydiwy ctyxs8 ofoporai￿nS fmm svpF4i8rs.
Amounts p8y8bk are daS￿r￿d as cuffent liabthbes if pa>Tr*ni is due or* year or ￿. M not. tw are pt8senled 88 ￿n4￿1vent
Il•bililies. Trade Credite￿ are rewgrmsed Inthty at transatkn P￿6 8ThJ >￿￿uen￿ mèasured al aryvll￿ wsl using the offe￿¥8
intèrest
1.10 employee b•n•fd8
Terminaiw)n benefrt$ are w1￿78￿al?￿ as an ex(*nse¥kn fv charty i5 derr￿ e4)mmited to terminato th&
eryloyrnent ol * employtl Lyto wovidetwmiTr8lv￿ b•ieffts.
f.fl Retlrnment ben•fft8
1.12 l•￿￿5
Rentals pHy￿e ￿￿trOpe￿Ill9 leases we ¢ha¥g8d Strn¥ht kne b895 ¢)verthts ￿a$a tern.

FREE WHEEL NORTH
NOTES TO THE FJNANCJAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED JOTH JUNE 2024
cri￿Cal •¢countSThJ estlrnates and judgements
Irs the appl*aW￿ olthe ¢harity's ￿C￿nbry poliws, ￿ thraclo￿ are requirgj io make ￿JgeTh￿ts, esb"mates
assump11￿5 about the carryiThJ amount ofassets armj I￿￿"￿￿"e$ Ihat are nol ieadty apparenf from o¢1￿ swrces. The
e5bmates and assocrdted wurnptws a￿ based cfi h￿t￿iCal exper￿￿ aTrJ cther factws Ihat are wnsthred lo be
relevant. Aeiual res￿ may drffer from Ihe5e estimates.
The esbm*8$ and uThJ¢rlwng assuftwts"(￿ a￿ ￿le4Ved on b35i5. Revts￿ to accounting estimales a
r£cogni58d in th8 p8riod in which the estimate 15 r￿￿ed where Ihe ￿$￿)n affects On￿ Ihat pe￿d. fx in the peric*J ofth8
revision and futufy peri¢¢ts where th8 rew$h?n allects both Current and luty￿ perxxl&
Donation¥
Unr•stri¢i•d
fund$
gener41
genwal
2024
2023
Donalws and glfts
G￿nts
28.717
18,654
47.371
4 Incorne from ¢h•rltsble *O¥iies
2Q24
3ti2J
Performance relaied grants
20,800
P•rftymanc• wela¢•d grdnls
Glas9ow Care Grw
Main Grant
Amohl CLqrk Cormiunity Grant

FAtt￿tEl￿r￿
FOR ThE YE•RE11D￿ J•1M￿lE2024
T4
51.14•
51.141
31•13
3V13
wc￿
1D.4
•.481
84.ni
71￿15
23
J7.¢WJ
13.Tl?
28.11J
¥?.z
1.143
e.*
201.D21
12B.OS)
19.•
4Q499
141.152
2D4,e21
SJ91
n,6J1
1.182
901
.931
84.IOD
£2Z37712023-f22.snk

FREE WHEEL NORTH
NOTES TO THE FINANCiAL STATEMENTS {CONTINUED
FOR THE YEAR ENDED 30TH JUNE 2024
N•t inGomell•xp•ndl¢ur•l for th¢ y
2024
2023
Nal incom•llexpendilwe) ft)r the year is slaled aft8f twi￿..
Independent 8xamin8¢s Temu￿ra￿on
Depreuation ofowned tangible fixed assets
OperalW￿ lea88 charyes
36.269
20.065
36,269
10.6
10 Taxation
The charity is exernpl Ircffn tax on inrxjme and gains fallm9 ￿thin SeCtr￿ 505 ofthe Ta¥e5 Ad 1988 ¢xsethon 252 of Ihe
Taxation ofchargeable Gains Art 1992 to the exlent that Ihe5e art appled to its Chantab￿ objec1s.
11 Tanglble fixed assets
L•*J•hold
Fixturts,
ttlno$ and
equlpm•nt
Tt)tal
Cost
At 1 Juty 2023
295,510
112.530
406,040
At 30 JUM 2024
295,510
112,530
408,040
Deprecatlon and lrnpalrm
Al 1 July 2023
D8preciation ¢*arg¢d in the year
141,258
27.9)4
97.236
238.494
36269
AI 30 June 2024
169,162
105.601
274,763
Carrylng ￿Ount
AI 30 June 2024
126.348
6,929
133.277
At 30 thjne 2023
154.252
15,294
169,546
AnaWis of eosts by locatlon
GLqsgow Green
The Whitehouse. MWI
194.8&3
11JO.627
295.510
11

FREE ¥niEEL NORTH
14OTES TOTHE FWAIKIAL$TAIEIIEwf51CmlUED
FOA ThE YEAR EI•JED 30Th 2124
12
rffi• Jw.
192
PrepayThefflt6
2.474
2.474
3.134
14 D•*lqNi•d luTrd*
E4￿nd11￿
July2022
2023
Jun• ￿2•
136.289
133.277
V•*iw•l•dAS*￿ Fu
12

Th¢ following pag•s do not fomi part of the slatulory account$

FREE WHEEL NORTH
DETAILED TRAOING PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30TH JUNE 2024
2024
2023
UF DonatiC￿ and g1ft8
RF Chariiable income- performance reL9ted
1.000
comrni5s￿e￿ Events
B*e Repairs
Group Cyde Tranw¥J
Venue Hirè
Bespok8 Cyth Tr4tnrtsJ
Wood Classes
Cafe Sales
4.684
51.148
33,813
10.475
9.481
24,508
80,830
Total incorng
Total e¥pendltur•
118.￿6
1141.1521
84,718
1204,8211
-23.086
.120.103
13

FREE WHEEL NORTH
DETAILED TIiADING PROFIT AND LOSS ACCOUNT ICOMTrIUED)
FOR THE YEAR ENDED 30TH JUNE 2024
2024
2023
acti
W8gas and salaries
SorAal security costs
Direclorfs ￿MUneration
Staff pension
36,671
73.631
1.182
8.000
904
329
37.000
8J.717
D8F¥•cialion
36.269
36.269
36.269
36,269
R¢nt
Rates
20.0
6.041
4.615
Heat and Ight
Inswance
1.787
8.472
34,736
TAlftphnn
Training costs
Adverts'sing
Subscript￿n5
General expenses
Trav81 and subsislencg
Repairs and maintenance
Ridg costs
Rickshaw hire
Van hi
Volvnteer expenses
Payroll f•?8
Events
?.1An
720
1.889
3,480
1.284
17,736
1.350
12.833
1,413
610
1.786
1,764
Card Charges
Whitehouse supples
Cafè supplies
1.083
3.082
4,777
28.113
37,223
14

FREE WHEEL NORTH
DETAILED TRADING PROFIT AND LOSS ACCOUNT IC(INTINUEDI
FOR THE YEAR ENDED 30TH JUNE 2024
2024
2023
Consultancy fees
4.743
4.743
Independent examinat￿ ftes
Le9al and professional
2.137
8.133
Total charltstslg athi11￿ •xp•ndltur•
141,152
204,821
Total •xpenditur•
141.152
204.821
15