QHUBEKA UK
The activities of the Charity are to raise funds for public benefit as follows:1. the advancement of education;2. the prevention and relief of poverty;3. the promotion of conservation and environmental protection; and 4. the advancement of health; through the provision of bicycles in, but not limited to, South Africa and neighbouring countries.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £507,299, which the trustees confirm is maintained at a level equivalent to between three and six months' expenditure as per their reserves policy. The charity reported a net income of £66,391 for the year, resulting in a positive net movement in funds and no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Trustees
- Anthony Arthur Fitzhenry
- Jeremy Nicholas Ford
- Lise Olivier
- Rebecca Wright
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £104k | £38k |
| 31/12/2024 | £69k | £74k |
| 31/12/2023 | £58k | £154k |
| 31/12/2022 | £331k | £38k |
| 31/12/2021 | £183k | £209k |
Common questions
Is QHUBEKA UK financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £507,299, which the trustees confirm is maintained at a level equivalent to between three and six months' expenditure as per their reserves policy. The charity reported a net income of £66,391 for the year, resulting in a positive net movement in funds and no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JOHN ELLERMAN FOUNDATION | 1 | £120k |
| THE FORRESTER FAMILY TRUST | 1 | £75k |
| HANDSPARK CHARITABLE TRUST | 1 | £70k |
| TWO RIDINGS COMMUNITY FOUNDATION | 1 | £61k |
| THE SIR JAMES RECKITT CHARITY | 1 | £29k |
| HEY SMILE FOUNDATION | 1 | £15k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £10k |
| THE DULVERTON TRUST | 1 | £5k |
Charities like this
- WORLD BICYCLE RELIEF UK
- British quality care foundation
- STREETBIKES
- HUBBUB FOUNDATION UK
- SUUBI AFRICA (UK)
- QUBA WELFARE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| QHUBEKA UK | £104k | — | 0 | within | — | no doubt |
| WORLD BICYCLE RELIEF UK | £2.2m | £70,001 - £80,000 | 1 | unclear | — | no doubt |
| British quality care foundation | £245k | — | 0 | unclear | — | no doubt |
| STREETBIKES | £197k | — | 0 | unclear | — | no doubt |
| HUBBUB FOUNDATION UK | £7.4m | — | — | unclear | — | no doubt |
| SUUBI AFRICA (UK) | £125k | — | 0 | unclear | — | no doubt |