CYCLOPARK
Cyclopark is one of the largest Cycle Parks in Europe. The park specialises in outdoor adventure sports, with a focus on many cycling disciplines for all abilities. It is open 7 days a week and offers extensive road & mountain bike trails, playpark and fitness facilities. Cyclopark offers the largest fleet of adaptive bikes in the south east and has a dedicated Cyclo for all coordinator.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net deficit of £26,928 for the year ended 31 March 2025, resulting in total funds decreasing to £369,959 from £396,887 the previous year. The trustees maintain a reserves policy target of £150,000 to cover up to four months of closure, and the current unrestricted reserves of £368,370 are above this stated target. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“In the band £80,001 - £90,000 4” — page 28
“The Board has assessed that reserves should be maintained at £150,000 to allow for up to four months closure with no income.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Andrew South
- Ashley David Coups
- Dr Kristy Howells
- Elliott Hughes
- Graham Wade
- Jonathan Edward Gurney
- Scott Michael Purchas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £1.3m |
| 31/03/2024 | £1.2m | £1.1m |
| 31/03/2023 | £1.1m | £1.1m |
| 31/03/2022 | £1.1m | £994k |
| 31/03/2021 | £754k | £690k |
Common questions
Is CYCLOPARK financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a net deficit of £26,928 for the year ended 31 March 2025, resulting in total funds decreasing to £369,959 from £396,887 the previous year. The trustees maintain a reserves policy target of £150,000 to cover up to four months of closure, and the current unrestricted reserves of £368,370 are above this stated target. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Kreston Reeves LLP.
What does the highest-paid employee of CYCLOPARK earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 31/08/2023 | £63k | Cyclopark |
| Sport England | 10/01/2018 | £10k | Cycling for health and well being |
| Sport England | 14/05/2015 | £50k | Cyclopark Enhancement Project |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GUNTER CHARITABLE TRUST | 2 | £9k |
| FOUNDATION FOR INTEGRATED TRANSPORT | 1 | £20k |
| COLCHESTER CATALYST CHARITY | 1 | £10k |
| THE FRIEDA SCOTT CHARITABLE TRUST | 1 | £10k |
| THE VIRGIN MONEY FOUNDATION | 1 | £8k |
| SKELTON BOUNTY | 1 | £2k |
Charities like this
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CYCLOPARK | £1.3m | £80,001 - £90,000 | — | unclear | — | no doubt |
| CYCLOX | £144k | — | 0 | unclear | — | no doubt |
| CYCLISTS' TOURING CLUB | £11.9m | — | — | unclear | — | no doubt |
| FARCYCLES LIMITED | £106k | — | 0 | unclear | 58.7% | no doubt |
| PARK VIEW 4U | £180k | — | 0 | unclear | — | no doubt |
| PARKPLAY LTD | £467k | — | — | unclear | — | no doubt |