THE BIKE PROJECT

Registered charity 1152354 · accounts filings on the Charity Commission register

We aim to provide relief for those seeking asylum and those granted refugee status and their dependents who are in conditions of need, hardship or distress. To achieve this, we collect, repair, and distribute second-hand bikes to refugees and asylum seekers. All of our resources and funding are directed towards achieving this goal.

Causes: Education/training · The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts

Latest income
£1.4m
Latest spending
£1.5m
Registered
2013
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a small unrestricted surplus of £45k, bringing its unrestricted reserves from a deficit of £61,700 to a deficit of £17,157. Total group reserves decreased to £211,185, with unrestricted funds remaining negative despite cost reductions and a strategic shift to online retail sales.

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

What the accounts disclose

Largest income source: Trusts and Foundations (47% of income)
“The majority of our income continues to be secured through Trusts and Foundations in the form of grants at 47%” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: two months of operating expenditure (held: £-17k)
“Our Reserves Policy outlines that we will aim to hold two months of operating expenditure in unrestricted reserves.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: One trustee received £3,435 for freelance cycle instructor services.
“One trustee also worked as a freelancer cycle instructor for The Bike Project and earned £3,435” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration paid to a trustee for freelance cycle instructor services.
“One trustee also worked as a freelancer cycle instructor for The Bike Project and earned £3,435” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: The Bike Project Trading Limited
“The charity currently has a trading company (The Bike Project Trading Ltd) but it is dormant for the purposes of the 2024/25 accounts.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Kreston Reeves Audit LLP. Discloses 4 of 6 completeness components.

Corporate structure

THE BIKE PROJECT TRADING LIMITED — per its own Companies House accounts
  • Donated/gift-aided to the charity: £1
  • The subsidiary holds a debtor balance of £1 owed by group undertakings.
“Amounts owed by group undertakings 1 1”

Public fundraising profile: JustGiving — The Bike Project (matched by registered charity number).

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

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.

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

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

Total income
£1.4m
Total spending
£1.5m
Cost of raising funds
£369k
Reserves (reported)
£0
Employees
23

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (50% 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: 26.7% of total income — in the top quarter for charities its size (median 5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£1.4m£1.5m
31/03/2024£1.8m£1.8m
31/03/2023£3.3m£3.1m
31/12/2021£2.2m£2.3m
31/12/2020£1.8m£1.8m

Common questions

Is THE BIKE PROJECT financially healthy?

Per its FY2025 accounts: The accounts state that the charity generated a small unrestricted surplus of £45k, bringing its unrestricted reserves from a deficit of £61,700 to a deficit of £17,157. Total group reserves decreased to £211,185, with unrestricted funds remaining negative despite cost reductions and a strategic shift to online retail sales. Its FY2025 accounts were audited by Kreston Reeves Audit LLP.

Who funds THE BIKE PROJECT?

Funders whose own accounts filings name THE BIKE PROJECT as a grant recipient include THE LONDON MARATHON CHARITABLE TRUST LIMITED, WILLIAM ADLINGTON CADBURY CHARITABLE TRUST, THE TRESANTON TRUST, THE MANNY AND BRIGITTA DAVIDSON CHARITABLE FOUNDATION, THE RAYNE FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE LONDON MARATHON CHARITABLE TRUST LIMITEDFY2024£3.6mCycling lessons for refugees
WILLIAM ADLINGTON CADBURY CHARITABLE TRUSTFY2022£76kVulnerable Groups
THE TRESANTON TRUSTFY2025£75k
THE MANNY AND BRIGITTA DAVIDSON CHARITABLE FOUNDATIONFY2023£65k
THE RAYNE FOUNDATIONFY2023£50kTowards the expansion of The Bike Project roadshow model.
This Day FoundationFY2022£50k
THE SYBIL SHINE MEMORIAL TRUSTFY2025£50k
THE DORFMAN FOUNDATIONFY2023£35k
UNITED ST SAVIOUR'S CHARITYFY2024£30kFunding towards The Bike Project - strengthening partnerships and deepening our impact in Southwark
CHARITY OF SIR RICHARD WHITTINGTONFY2024£27kChurch & Communities Programme
CHARITY OF SIR RICHARD WHITTINGTONFY2023£25kChurch & Communities Programme
THE CLORE DUFFIELD FOUNDATIONFY2022£25kHealth and social care
CHARITY OF SIR RICHARD WHITTINGTONFY2022£25kChurch & Communities Programme
THE CHRISTOPHER AND HENRY OLDFIELD TRUSTFY2024£25k
Jill and Norman Franklin TrustFY2026£23kRefugees
Jill and Norman Franklin TrustFY2025£21kRefugees
THE RETA LILA HOWARD FOUNDATIONFY2024£20k
THE EQ FOUNDATIONFY2022£20kGenerational bonding & loneliness
WILLIAM ADLINGTON CADBURY CHARITABLE TRUSTFY2025£20kGrant
THE LONDON MARATHON CHARITABLE TRUST LIMITEDFY2023£20kCycling lessons for refugees
THE WISLEY FOUNDATIONFY2023£18k
NETWORK FOR SOCIAL CHANGE CHARITABLE TRUSTFY2022£16kGreen Planet Pool
Jill and Norman Franklin TrustFY2023£16kRefugees
THE RETA LILA HOWARD FOUNDATIONFY2022£15k
THE RETA LILA HOWARD FOUNDATIONFY2025£15k
THE RETA LILA HOWARD FOUNDATIONFY2023£15k
Jill and Norman Franklin TrustFY2024£15kRefugees
DEPTFORD CHALLENGE TRUST LIMITEDFY2025£12k
THE DORFMAN FOUNDATIONFY2024£10k
THE MANNY AND BRIGITTA DAVIDSON CHARITABLE FOUNDATIONFY2024£10k
THE MANNY AND BRIGITTA DAVIDSON CHARITABLE FOUNDATIONFY2025£10k
THE EVAN CORNISH FOUNDATIONFY2022£8k
THE AUSTIN AND HOPE PILKINGTON TRUSTFY2021£5k
THE TALISMAN CHARITABLE TRUSTFY2024£5k
THE EVAN CORNISH FOUNDATIONFY2025£5kUK Round July 2024
JOSEPH ETTEDGUI CHARITABLE FOUNDATIONFY2022£5k
THE TALISMAN CHARITABLE TRUSTFY2023£4k
THE GUNTER CHARITABLE TRUSTFY2022£4k
THE SANDHU CHARITABLE FOUNDATIONFY2022£3k
THE EDWARD CADBURY CHARITABLE TRUSTFY2025£3kEducation and Training
THE GUNTER CHARITABLE TRUSTFY2024£2k
THE CLORE DUFFIELD FOUNDATIONFY2024£2kHealth and social care
THE GUNTER CHARITABLE TRUSTFY2023£2k
EMERTON-CHRISTIE CHARITYFY2025£2k
THE GUNTER CHARITABLE TRUSTFY2025£2k
STONY STRATFORD COMMUNITY CHURCH, (MEMBER OF THE BAPTIST UNION)FY2025£1kGrant from the Central Baptist Association for providing bikes for asylum seekers.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LUKE'S, WEST HOLLOWAY, LONDONFY2023£650
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LUKE'S, WEST HOLLOWAY, LONDONFY2022£650
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LUKE'S, WEST HOLLOWAY, LONDONFY2024£500
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LUKE'S, WEST HOLLOWAY, LONDONFY2025£500

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund02/04/2026£20kThe Bike Project - Refurbishing Bikes for Refugees
Foundation Scotland02/04/2025£8kGrant to The Bike Project
Sport England27/11/2024£15kPedal Power
London Borough of Southwark31/03/2024£16kGrant to The Bike Project
London Borough of Southwark31/03/2023£15kGrant to The Bike Project
The National Lottery Community Fund02/02/2023£460kThe Bike Project - getting refugees cycling
City Bridge Foundation17/11/2022£71kGrant to The Bike Project
The National Lottery Community Fund24/06/2022£10kThe Bike Project's Mechanic Skills programme for refugees and asylum seekers
Sport England17/06/2022£6kJubilee Fund - Building The Bike Project community in Coventry
London Borough of Southwark31/03/2022£15kGrant to The Bike Project
The Mercers' Company01/07/2021£77kGrant to The Bike Project
The National Lottery Community Fund19/03/2021£10kThe Bike Project's Social Action Heroes
Sport England22/01/2021£6kTGC CF Pedal Power II: The Home Edition
Greater London Authority01/10/2020£41kPedal Power Programme
Barrow Cadbury Trust21/09/2020£40kCOVID-19 - The Bike Project
London Borough of Southwark01/04/2020£15kGrant to The Bike Project
A B Charitable Trust09/01/2020£20kA grant to The Bike Project
City Bridge Foundation26/09/2019£107kGrant to The Bike Project
The National Lottery Community Fund23/05/2019£10kThe Bike Buddy Programme
UK government01/04/2019£39kThe Bike Project
London Borough of Southwark01/04/2019£15kGrant to The Bike Project
The National Lottery Community Fund19/02/2019£76kThe Birmingham Bike Project
Greater London Authority26/11/2018£12kGrant to The Bike Project
The National Lottery Community Fund22/11/2018£375kThe Bike Project ? Getting Refugees Cycling
A B Charitable Trust15/10/2018£15kA grant to The Bike Project

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with RECYKE Y'BIKE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE BIKE PROJECT£1.4m——unclear—no doubt
RECYKE Y'BIKE FY2025£442k—0unclear—no doubt
WORLD BICYCLE RELIEF UK FY2025£2.2m£70,001 - £80,0001unclear—no doubt
RE~CYCLE FY2025£389k—0unclear—no doubt
GOODWILL CARAVAN FY2025£783kin excess of £70,0001unclear—no doubt
HEALTHY LIVING PROJECTS LIMITED FY2025£549k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.