TWO WHEELS FOR LIFE LIMITED
Making grants to local organisations, principally in Sub-Saharan Africa, that focus on transportation and logistics services that enable the delivery of vital healthcare to hard-to-reach communities. Our vision is of a world where healthcare reaches everyone, everywhere. To do this, we know that reliable, well maintained transport has to be at the heart of health systems.
Financial health, per its FY2024 accounts
The accounts state that total income reached £953,307, resulting in a net income of £237,977 for the year. The charity holds unrestricted reserves of £529,252, which the trustees consider appropriate given their policy target of 6 to 12 months' expenditure. The filing confirms no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Total income for the period amounted to £953,307. This was comprised of auctions, individual donations and merchandise profits.” — page 9
“At the year end the trustees considered that free reserves should be between 6 and 12 months' expenditure.”
“During the period £102,138 (2023: £109,840) was paid to Riders for Health II Inc, a charity registered in the USA which Andrea Coleman is a trustee.” — page 29
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2023) to "within" (FY2024).
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?
Per its FY2024 accounts: The accounts state that total income reached £953,307, resulting in a net income of £237,977 for the year. The charity holds unrestricted reserves of £529,252, which the trustees consider appropriate given their policy target of 6 to 12 months' expenditure. The filing confirms no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 2 | £41k |
| THE GIBBS CHARITABLE TRUSTS | 2 | £6k |
| FIA FOUNDATION | 1 | £830k |
| THE HARGREAVES FOUNDATION | 1 | £347k |
| THE STONE FAMILY FOUNDATION | 1 | £81k |
| THE FORRESTER FAMILY TRUST | 1 | £75k |
| GRANGE FARM CENTRE | 1 | £72k |
| HANDSPARK CHARITABLE TRUST | 1 | £70k |
Charities like this
- WHEELS 2 WORK SOUTH WEST
- WHEELS FOR WELLBEING
- WHEELS 2 WORK COUNTY DURHAM
- WORLD BICYCLE RELIEF UK
- THE WHEELS PROJECT LIMITED
- THE WHEELS PROJECT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TWO WHEELS FOR LIFE LIMITED | £953k | — | 0 | within | — | no doubt |
| WHEELS 2 WORK SOUTH WEST | £236k | — | 0 | unclear | — | no doubt |
| WHEELS FOR WELLBEING | £456k | — | 0 | above | — | no doubt |
| WHEELS 2 WORK COUNTY DURHAM | £192k | — | 0 | below | — | no doubt |
| WORLD BICYCLE RELIEF UK | £2.2m | £70,001 - £80,000 | 1 | unclear | — | no doubt |
| THE WHEELS PROJECT LIMITED | £351k | — | — | within | — | no doubt |