Charity Accounts Intelreading the accounts so you don’t have to

Bike for Good Ltd

Scottish charity SC042707 · record on the Scottish Charity Register (OSCR) · accounts PDF

Latest income
£1.5m
Latest spending
£1.6m
Accounts read
FY2025

Financial health, per FY2025 accounts

The accounts state that the charity recorded a deficit of £128,405 for the year, resulting in a decrease in total funds to £416,732. Per the trustees' report, free reserves stood at £227,204, which exceeds the stated policy target of one month of expenditure. The auditor confirmed the appropriateness of the going concern basis with no material uncertainties identified.

What the accounts disclose

Related-party transaction: Note 29
“Dividend income from Velogik UK, the joint venture, amounted to £12,500 (2024: £30,000). Overhead recharge income, prior to the disposal of the joint venture, totalled £2,732 (2024: £47,451) and no expenditure was incurred (2024: £136,467). At the balance sheet date, no outstanding balance (2024: £22,425) was due from Velogik UK. The shares in the joint venture were disposed of in August 2024 for £40,000.” — page 39
Per FY2025 accounts as filed with OSCR.
Register data and accounts from the Scottish Charity Regulator (OSCR), used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.