The Cycle (INGO)
The Cycle's commitment is to the alleviation of poverty. It focuses its efforts on sanitation, water and livelihoods (although not exclusively), and implements programmes that engages the communities in which it works, as a means to empower local people to make them self sufficient.
Financial health, per its FY2025 accounts
The accounts state that the charity is in a fit and healthy financial position with unrestricted income of £421,782 against total expenditure of £415,155. The trustees confirm that the reserves policy target of three months' operating costs was comfortably achieved. The filing notes no material uncertainties regarding the entity's ability to continue as a going concern.
What the accounts disclose
“The Cycle (INGO) Limited’s reserves policy is to ensure that there are sufficient free reserves to cover a minimum of three month’s operating costs.” — page 3
“Agregate donations from trustees during the period was £1093 (2024: £25496)” — page 12
Trustees
- ANDREW BARRS
- JULES PECK
- Jane Galton
- LYNN STRONGIN DODDS
- Mandakini Lakhani
- Mark Collins
- Ridhima Lulla
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £441k | £482k |
| 31/03/2025 | £422k | £415k |
| 31/03/2024 | £467k | £407k |
| 31/01/2023 | £416k | £246k |
| 30/11/2021 | £246k | £225k |
Common questions
Is The Cycle (INGO) financially healthy?
Per its FY2025 accounts: The accounts state that the charity is in a fit and healthy financial position with unrestricted income of £421,782 against total expenditure of £415,155. The trustees confirm that the reserves policy target of three months' operating costs was comfortably achieved. The filing notes no material uncertainties regarding the entity's ability to continue as a going concern. Its FY2025 accounts were audited by Natural Numbers.
Who funds The Cycle (INGO)?
Funders whose own accounts filings name The Cycle (INGO) as a grant recipient include EA FOUNDATION, THE COLES-MEDLOCK FOUNDATION, THE CYRIL AND EVE JUMBO CHARITABLE TRUST, R G HILLS CHARITABLE TRUST, THE RAINFORD TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| EA FOUNDATION | FY2021 | £31k | A maternity unit in India; A sanitation facility for a school in India |
| THE COLES-MEDLOCK FOUNDATION | FY2025 | £10k | |
| THE CYRIL AND EVE JUMBO CHARITABLE TRUST | FY2022 | £5k | |
| R G HILLS CHARITABLE TRUST | FY2024 | £2k | |
| THE RAINFORD TRUST | FY2022 | £2k | Welfare |
| THE PAUL AND SHEILA BRADSHAW FOUNDATION | FY2022 | £500 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HANDSPARK CHARITABLE TRUST | 2 | £90k |
| THE JULIA RAUSING TRUST | 1 | £390k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £350k |
| THE DULVERTON TRUST | 1 | £345k |
| AKO FOUNDATION | 1 | £291k |
| HOLLYHOCK CHARITABLE FOUNDATION | 1 | £250k |
| THE FIDELITY UK FOUNDATION | 1 | £192k |
| FISHMONGERS' COMPANY'S CHARITABLE TRUST | 1 | £135k |
Charities like this
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| The Cycle (INGO) | £441k | — | 0 | above | — | no doubt |
| BOOK - CYCLE | £161k | — | 0 | unclear | — | no doubt |
| LIFE CYCLE | £1.2m | — | 0 | unclear | — | no doubt |
| FOODCYCLE | £2.3m | — | 0 | above | — | no doubt |
| WORLD BICYCLE RELIEF UK | £2.2m | £70,001 - £80,000 | 1 | unclear | — | no doubt |
| CAPITAL OF CYCLING | £181k | unclear | 0 | unclear | — | noted |