BLACK UNITY BIKE RIDE
Objects
THE OBJECT OF THE CIO IS TO PROMOTE EQUALITY AND DIVERSITY IN CYCLING FOR THE PUBLIC BENEFIT IN THE UNITED KINGDOM BY: A) INCREASING THE ETHNIC DIVERSITY OF THOSE PARTICIPATING IN CYCLING IN THE UK; B) PROMOTING AND PROVIDING OPPORTUNITIES TO PARTICIPATE IN CYCLING, TRAINING AND EDUCATIONAL ACTIVITIES RELATED TO CYCLING AND WORKING TO ELIMINATE DISCRIMINATION AND BARRIERS TO PARTICIPATION IN CYCLING; C) RAISING AWARENESS OF NEEDS AND EXCLUSION OF PARTICULAR GROUPS IN SOCIETY IN TERMS OF THEIR PARTICIPATION IN CYCLING AND OTHER SPORTING ACTIVITY.
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.
What the accounts disclose
“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
“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
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Oluyemisi Ipayechair
- David McQueen
- Donna McConnell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HELPING FOUNDATION | 1 | £979k |
| DONATING CHARITY LIMITED | 1 | £154k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £131k |
| FRANKGIVING LIMITED | 1 | £10k |
Charities like this
- CHALLENGE ADVENTURE CHARITIES
- CORAL
- CONVALESCENT RETREAT LIMITED
- BRITISH FRIENDS OF RETURN/SHUVU
- FREEWHEELERS EMERGENCY VOLUNTARY BLOOD BIKE SERVICE
- THE RABBI MEIR BAAL HANESS - AHAVAS ZION - KOLLEL SIEBENBURGEN TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BLACK UNITY BIKE RIDE | £107k | — | 0 | below | — | noted |
| CHALLENGE ADVENTURE CHARITIES | £159k | — | 0 | unclear | — | no doubt |
| CORAL | £428k | — | 0 | below | — | noted |
| CONVALESCENT RETREAT LIMITED | £965k | — | 0 | unclear | — | noted |
| BRITISH FRIENDS OF RETURN/SHUVU | £116k | — | 0 | unclear | — | no doubt |
| FREEWHEELERS EMERGENCY VOLUNTARY BLOOD BIKE SERVICE | £92k | — | 0 | unclear | — | no doubt |