CYCLABILITY CIC

Company limited by guarantee

Company Registration Number:
14656769 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 13 February 2023

End date: 31 March 2024

CYCLABILITY CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

CYCLABILITY CIC

Balance sheet

As at 31 March 2024

Notes 14 months to 31 March 2024


£
Fixed assets
Tangible assets: 3 10,281
Total fixed assets: 10,281
Current assets
Cash at bank and in hand: 22,548
Total current assets: 22,548
Creditors: amounts falling due within one year: 4 ( 22,983 )
Net current assets (liabilities): (435)
Total assets less current liabilities: 9,846
Provision for liabilities: ( 1,985 )
Total net assets (liabilities): 7,861
Members' funds
Profit and loss account: 7,861
Total members' funds: 7,861

The notes form part of these financial statements

CYCLABILITY CIC

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 30 October 2024
and signed on behalf of the board by:

Name: Jennifer Tait
Status: Director

The notes form part of these financial statements

CYCLABILITY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CYCLABILITY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    14 months to 31 March 2024
    Average number of employees during the period 2

CYCLABILITY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 12,448 12,448
Disposals
Revaluations
Transfers
At 31 March 2024 12,448 12,448
Depreciation
Charge for year 2,167 2,167
On disposals
Other adjustments
At 31 March 2024 2,167 2,167
Net book value
At 31 March 2024 10,281 10,281

CYCLABILITY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

14 months to 31 March 2024
£
Taxation and social security 779
Accruals and deferred income 19,406
Other creditors 2,798
Total 22,983

COMMUNITY INTEREST ANNUAL REPORT

CYCLABILITY CIC

Company Number: 14656769 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

CyclAbility provides inclusive cycling opportunities for adults and older children in Oxfordshire who face significant barriers to traditional cycling. Our mission is to create a welcoming, safe, and accessible environment that enables participants to engage in adaptive cycling activities and experience physical, mental, and social benefits. CyclAbility operates sessions at the Horspath Athletics Track in Oxford City, offering twice-weekly, track-based cycling with a large fleet of adapted cycles. These sessions, which accommodate individuals with a range of physical, cognitive, and social needs, include learn-to-ride classes and Bikeability tuition tailored for participants who may find cycling on the road challenging or impractical. Through CyclAbility, participants experience a sense of achievement, joy, and independence, with many describing improved physical and mental health because of their engagement. CyclAbility collaborates with over 30 local community organisations, schools, charities, and support groups, reaching diverse communities, including priority neighbourhoods. The impact extends beyond participants to carers, who benefit from social interaction, exercise, and the opportunity to witness the positive changes CyclAbility brings to those they support.

Consultation with stakeholders

CyclAbility’s primary stakeholders include: Participants: Individuals with disabilities, long-term health conditions, or those who face barriers to traditional cycling. Carers: Family members or support workers who attend sessions with participants. Volunteers and Staff: CyclAbility’s session leaders and volunteers who facilitate sessions. Community Partners: Local schools, charities, and more than 30 Oxfordshire community organisations. There has been no consultation held in 23/24 although an extensive consultation has been undertaken in Summer 2024 and will be included in the next report.

Directors' remuneration

Directors Remunerations £36935.74

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 October 2024

And signed on behalf of the board by:
Name: Jennifer Tait
Status: Director