THE GERAINT THOMAS CYCLING TRUST
The object of the Trust is:To promote the amateur sport of cycling amongst young people up to the age of 18, in particular, young people who face barriers to participation in the sport by the provision of such support and financial grants, assistance, education and facilities for participation and wider involvement in the sport.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a deficit of £22,737 for the period, with total income of £1,028 against grants of £19,980 and administrative costs of £3,785. Per the trustees' report, unrestricted reserves stood at £51,185 held in cash, though the charity notes a principal risk regarding generating sufficient income to continue funding its activities.
What the accounts disclose
“The charity's income for the period comprised donations of El ,028”
“The charity's policy is to hold reserves for use in future periods for the purposes of the charity.”
“The principal risk relates to ensuring the Trust generates sufficient income to allow it to continue to fund the activities it wishes to support.”
Trustees
- OWEN RODGERSchair
- Allan James
- Caroline Spanton
- Christine Gibbons
- DARREN GRAHAM TUDOR
- Rhodri Davies
- Rhodri Lewis
- Tim Boag
- Wayne Brown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/04/2025 | £41k | £34k |
| 01/04/2024 | £41k | £34k |
| 01/04/2023 | £53k | £25k |
| 01/04/2022 | £37k | £2k |
| 01/04/2021 | £3k | £0 |
Common questions
Is THE GERAINT THOMAS CYCLING TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a deficit of £22,737 for the period, with total income of £1,028 against grants of £19,980 and administrative costs of £3,785. Per the trustees' report, unrestricted reserves stood at £51,185 held in cash, though the charity notes a principal risk regarding generating sufficient income to continue funding its activities. Its FY2025 accounts were independently examined.