FRIENDS OF PEDAL POWER PROJECT LTD

Registered charity 1092304 · accounts filings on the Charity Commission register · also known as PEDAL POWER

Pedal Power "makes cycling accessible to all'. It has a wide range of specialised bikes enabling people of all ages & abilities to cycle. It also runs a general cycle hire with bikes for all ages. We offer cycle training & bike maintenance training . Pedal Power undertakes bike recycling & bike maintenance and operates a cafe. There are many opportunities for volunteering & social activities.

Objects

The promotion of community participation in healthy recreation for the benefit of both disabled and able bodied visitors to and inhabitants of Wales and environs in particular but not exclusively, by the provision of facilities for cycling and the advancement of public education in cycling safety.

Area of benefit: THE INHABITANTS OF CITY OF CARDIFF, VALE OF GLAMORGAN AND ENVIRONS

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: The Advancement Of Health Or Saving Of Lives · Disability · Amateur Sport · Economic/community Development/employment · Recreation · website · Get email alerts

Latest income
£618k
Latest spending
£774k
Registered
2002
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £109,773 for the year, resulting in a decrease in total funds from £926,224 to £816,452. The trustees' report highlights significant challenges in securing future funding and notes a reliance on grant income, while the independent examiner confirmed the accounts were prepared on a going concern basis with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: six months operating costs (held: £184k)
“The Trustees’ policy is to work towards a minimum level of unrestricted funds equivalent to six months operating costs” — page 11
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£618k
Total spending
£774k
Cost of raising funds
£108k
Reserves (reported)
£126k
Employees
27

Reported reserves equal ~2.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (61% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 17.5% of total income — in the top quarter for charities its size (median 4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bridgend · Caerphilly · Cardiff · Merthyr Tydfil · Monmouthshire · Newport City · Rhondda Cynon Taff · Vale Of Glamorgan

Income and spending

Financial year endIncomeSpending
31/03/2025£618k£774k
31/03/2024£745k£636k
31/03/2023£394k£491k
31/03/2022£486k£413k
31/03/2021£401k£397k

Common questions

Is FRIENDS OF PEDAL POWER PROJECT LTD financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £109,773 for the year, resulting in a decrease in total funds from £926,224 to £816,452. The trustees' report highlights significant challenges in securing future funding and notes a reliance on grant income, while the independent examiner confirmed the accounts were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund03/12/2025£10kSustainable Energy Supporting Inclusive Cycling
Postcode Lottery03/04/2023£25kUnrestricted Funding
The National Lottery Community Fund17/02/2023£99kWales COL Better By Bike
The National Lottery Community Fund31/07/2020£10kCOVID-19 - Pedal Back to Health!
Greater London Authority01/08/2019£5kPedal and Play
The National Lottery Community Fund30/07/2014£312kChanging Gear
The National Lottery Community Fund24/05/2012£5kCycles for All!
The National Lottery Community Fund11/11/2009£4kCreating Efficient and Effective Systems
The National Lottery Community Fund22/05/2008£188kPedal Power
The National Lottery Community Fund19/11/2007£5kPedal Power Communication System
The National Lottery Community Fund08/09/2005£300kThere is no project name available for this record