THE HILLINGDON SLIPSTREAMERS CYCLING CLUB
Cycling club for children aged 5-16
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net profit of £11,343 for the year ended 31 December 2024, with total income increasing to £27,023. Per the trustees' report, the club holds £5,000 in a reserve account and maintains substantial cash balances across multiple bank accounts, noting that reserves are retained as a precaution against future disruptions.
What the accounts disclose
“We hold a £5,000 reserve account at the bank in order meet any unforeseen expenditure that may occur.” — page 5
Trustees
- Anthony Brassil Mrchair
- Asti Kanaris
- Martin Dawson
- Simon Evans
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £27k | £13k |
| 31/12/2023 | £23k | £18k |
| 31/12/2022 | £24k | £17k |
| 31/12/2021 | £18k | £23k |
| 31/12/2020 | £18k | £15k |
Common questions
Is THE HILLINGDON SLIPSTREAMERS CYCLING CLUB financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net profit of £11,343 for the year ended 31 December 2024, with total income increasing to £27,023. Per the trustees' report, the club holds £5,000 in a reserve account and maintains substantial cash balances across multiple bank accounts, noting that reserves are retained as a precaution against future disruptions. Its FY2024 accounts were independently examined.