FARCYCLES LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £130,025, representing a significant increase from the prior year's £102,121. The trustees report that the company generated funds adequate for its plans for the next few years and has no liabilities other than those stated in the Balance Sheet. The charity relies solely on volunteers and has no specific reserves policy.
What the accounts disclose
Trustees
- Gavin Nicholas Hopkins BScchair
- David Martin Williamson MA, FRCS
- Douglas Mark Timms
- NIGEL GEOFFREY WILKINSON
- Richard Lawrence Glazer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £106k | £78k |
| 31/12/2023 | £72k | £54k |
| 31/12/2022 | £53k | £40k |
| 31/12/2021 | £42k | £23k |
| 31/12/2020 | £23k | £5k |
Common questions
Is FARCYCLES LIMITED financially healthy?
The accounts state that the charity holds unrestricted reserves of £130,025, representing a significant increase from the prior year's £102,121. The trustees report that the company generated funds adequate for its plans for the next few years and has no liabilities other than those stated in the Balance Sheet. The charity relies solely on volunteers and has no specific reserves policy. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROSE ANIMAL WELFARE TRUST CIO | 1 | £10k |
| THE GUNTER CHARITABLE TRUST | 1 | £1k |
| ANIMAL AID CHARITABLE TRUST | 1 | £0 |