TWO WHEELS FOR LIFE LIMITED
Financial health, per its FY2023 accounts
The accounts state that total income for the year ended 31 December 2023 amounted to £571,264, resulting in a net income of £30,507. At the year end, the charity held unrestricted reserves of £323,795 and restricted reserves of £13,117. The trustees consider there to be no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“At the year end the trustees considered that free reserves should be between 6 and 12 months' expenditure.”
“During the period £109,840 (2022: £137,895) was paid to Riders for Health II Inc, a charity registered in the USA which Andrea Coleman is a trustee.” — page 28
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Andrew Charles Quarrington Pincott
- CHRISTOPHER BERRIMAN
- Victoria Lucy Tamsin Robinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £953k | £715k |
| 31/12/2023 | £571k | £541k |
| 31/12/2022 | £536k | £529k |
| 31/12/2021 | £444k | £397k |
| 31/12/2020 | £376k | £396k |
Common questions
Is TWO WHEELS FOR LIFE LIMITED financially healthy?
The accounts state that total income for the year ended 31 December 2023 amounted to £571,264, resulting in a net income of £30,507. At the year end, the charity held unrestricted reserves of £323,795 and restricted reserves of £13,117. The trustees consider there to be no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEAULAND LIMITED | 1 | £120k |
| M B FOUNDATION (ALSO KNOWN AS MOSSAD HORAV MOSHE ARYEH HALEVY) | 1 | £11k |
| THE BEAVERBROOKS CHARITABLE TRUST | 1 | £10k |
| THE B S CHARITABLE FOUNDATION | 1 | £10k |
| M AND L COHEN CHARITABLE TRUST | 1 | £0 |