EXTRA MILE CHALLENGES
An annual sponsored cycling challenge where teams of four ride in relay about 500 miles in Europe, over three daily stages.
Latest income
£168k
Latest spending
£157k
Registered
2003
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity is no longer a going concern and intends to wind up its affairs by September 2026. Per the trustees' report, unrestricted reserves stood at £41,527, which the trustees intend to distribute to other charities before cessation.
What the accounts disclose
Reserves policy: adequate level of reserves (and hence cash) to enable future fundraising events to be organised (held: £42k)
“the objective was never to maintain reserves in excess of this level” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The charity is no longer deemed to be a going concern. The "£2 Million Swiss Challenge" (held in September 2025 will be the last event organised by the charity.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → going-concern doubt noted (FY2025).
Trustees
- MARTIN BANHAM-HALLchair
- Michael Brendan McNulty
- Michael Ian Rhodes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £168k | £157k |
| 31/03/2024 | £164k | £163k |
| 31/03/2023 | £152k | £156k |
| 31/03/2022 | £68k | £64k |
| 31/03/2021 | £12k | £15k |
Common questions
Is EXTRA MILE CHALLENGES financially healthy?
Per its FY2025 accounts: The accounts state that the charity is no longer a going concern and intends to wind up its affairs by September 2026. Per the trustees' report, unrestricted reserves stood at £41,527, which the trustees intend to distribute to other charities before cessation. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WATES FAMILY ENTERPRISE TRUST | 1 | £500 |
| BC Partners Foundation | 1 | £200 |
Charities like this
- CHALLENGE ADVENTURE CHARITIES
- MILES FOR SMILES
- MILES FOR MEN
- ORDINARY 2 EXTRAORDINARY
- MILESTONES CHILDCARE LIMITED
- MILEN CARE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| EXTRA MILE CHALLENGES | £168k | — | 0 | unclear | — | noted |
| CHALLENGE ADVENTURE CHARITIES | £159k | — | 0 | unclear | — | no doubt |
| MILES FOR SMILES | £195k | — | 0 | unclear | — | no doubt |
| MILES FOR MEN | £124k | — | 0 | unclear | — | no doubt |
| ORDINARY 2 EXTRAORDINARY | £272k | — | 0 | unclear | — | no doubt |
| MILESTONES CHILDCARE LIMITED | £313k | — | 0 | unclear | — | no doubt |