UNITED KINGDOM ARMED FORCES CYCLING
Our mission is to promote excellence of, and participation in, UK Armed Forces (UKAF) representative cycling. This is achieved through the delivery of highly professional Inter Service Championships, and the selection of the best cyclists across the UKAF to represent at the pinnacle of Services cycling.
Objects
FOR THE PUBLIC BENEFIT AND THE PROMOTION OF THE EFFICIENCY OF THE UK ARMED FORCES OF THE CROWN, THIS WILL BE ACHIEVED, IN PARTICULAR BUT NOT EXCLUSIVELY BY:1) FOSTERING AN ESPRIT DE CORPS AND INCREASING THE MORALE OF SERVING MEMBERS OF THE UK ARMED FORCES,2) ENCOURAGING AND FACILITATING THE PARTICIPATION IN ALL TYPES OF CYCLING AND3) PROMOTING THE HEALTH AND WELFARE BENEFITS OF CYCLING BOTH PHYSICALLY AND MENTALLY.
Financial health, per its FY2025 accounts
The accounts state that the charity operated at a small rate of accrual, resulting in a closing unrestricted fund balance of £19,884.79. The trustees report that the charity is operating to its endorsed financial plan and identify the potential loss of its sole sponsor as the greatest risk to income. Per the trustees' report, there are no uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“UKAF Cycling income is generated by sponsorship or grants from within the UK Armed Forces Sports Board and no other.”
“Based on current forecasting, UKAF Cycling has set a minimum reserve level of £6000 (six thousand pounds Sterling) to cover a complete loss of income from the loss of a sponsor (the worst-case scenario).”
“The Secretary is an application position endorsed by the UKAF cycling committee.”
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Col Mark Genkochair
- Lt Col Peter Simmonds
- Maj Gen Phillip Prosser
- Wg Cdr Martin Pearson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £54k | £33k |
Common questions
Is UNITED KINGDOM ARMED FORCES CYCLING financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated at a small rate of accrual, resulting in a closing unrestricted fund balance of £19,884.79. The trustees report that the charity is operating to its endorsed financial plan and identify the potential loss of its sole sponsor as the greatest risk to income. Per the trustees' report, there are no uncertainties regarding the charity's ability to continue as a going concern.