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BLACK UNITY BIKE RIDE

Registered charity 1208033 · accounts filings on the Charity Commission register

Causes: The Advancement Of Health Or Saving Of Lives · Amateur Sport · Other Charitable Purposes · website · Get email alerts

Latest income
£107k
Latest spending
£154k
Registered
2024
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity ended the period with net liabilities of £47,529, resulting from a deficit in expenditure over income. The trustees note that the charity operates with limited unrestricted reserves and is reliant on creditor support to meet liabilities as they fall due, though they believe the charity will continue as a going concern for at least twelve months.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“As at 31 March 2025, the charity held limited unrestricted reserves. Trustees recognise that this presents a risk and have therefore prioritised the development of a reserves policy” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The charity is currently reliant on the ongoing support of the creditor in relation to the timing of settlement of these amounts. The creditor has confirmed that it will continue to work constructively with the charity and remains committed to supporting it, including allowing sufficient time for repayment while the charity strengthens its financial position.” — page 14
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
06/04/2025£107k£154k

Common questions

Is BLACK UNITY BIKE RIDE financially healthy?

Per its FY2025 accounts: The accounts state that the charity ended the period with net liabilities of £47,529, resulting from a deficit in expenditure over income. The trustees note that the charity operates with limited unrestricted reserves and is reliant on creditor support to meet liabilities as they fall due, though they believe the charity will continue as a going concern for at least twelve months. Its FY2025 accounts were independently examined.