for the Period Ended 31 December 2023
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 13 months to 31 December 2023 | ||
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£ |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: | 3 |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: | 4 |
(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Accruals and deferred income: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2023
Basis of measurement and preparation
for the Period Ended 31 December 2023
13 months to 31 December 2023 | ||
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Average number of employees during the period |
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for the Period Ended 31 December 2023
13 months to 31 December 2023 | ||
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£ | ||
Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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Total |
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for the Period Ended 31 December 2023
13 months to 31 December 2023 | ||
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£ | ||
Taxation and social security |
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Total |
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Yate Community Bike Hub is a volunteer run initiative whose activities support the community of Yate and its surrounding areas in a mission to make movement on two wheels a fun and accessible option for everyone. In 2023 through our volunteer workshops we have recycled over 700 donated bikes back into the community at low or no cost to provide affordable cycles for anyone that needs a bike including 50 bikes gifted free of charge to those most in need. We have run 14 free maintenance courses and practice sessions empowering more than 70 people to fix their own bikes. We have also run 4 police bike marking events and 24 Dr Bike sessions to get simple fixes done free of charge. We have worked with local education providers to support 3 work experience placements for young adults with additional needs to give them the experience of maintaining bikes in a work environment.
Yate Community Bike Hubs stakeholders are the residents of Yate and the surrounding area. The directors of the company have lived in Yate for a number of years and the Hub evolved from a need identified by the local community action group and the local cycling organization. We have located the Hub in the centre of Yate Shopping Centre in a location with high footfall and have sought to develop a reputation locally as a knowledge base for information on cycling routes, equipment and active travel. Our volunteers are not only focused on recycling bikes, but also engaging with customers to better understand how the Hub can help with supporting customers to use cycling as a form of transport. The Hub also engages the wider community through its outreach work at local events, such as the Yate Rocks festival and the Yate Aging Better Festival. We have also developed a strong local online presence as an additional route to engage with local residents.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
1 September 2024
And signed on behalf of the board by:
Name: Nicola Clarke
Status: Director