INCLUSIVE PEDALS CIC

Company limited by guarantee

Company Registration Number:
10800985 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2025

Period of accounts

Start date: 1 July 2024

End date: 30 June 2025

INCLUSIVE PEDALS CIC

Contents of the Financial Statements

for the Period Ended 30 June 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

INCLUSIVE PEDALS CIC

Directors' report period ended 30 June 2025

The directors present their report with the financial statements of the company for the period ended 30 June 2025

Principal activities of the company

The principal activity of the company in the year under review was that of promoting inclusive and sustainable cycling through adapted bike sessions, community workshops, bike repairs and donations, volunteer-led care home rides, and active travel initiatives across the local area.

Additional information

The directors are responsible for preparing the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law, the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing these financial statements, the directors are required to: select suitable accounting policies and then apply them consistently; make judgements and accounting estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.



Directors

The directors shown below have held office during the whole of the period from
1 July 2024 to 30 June 2025

Alastair Robert Meikle
Simon Thomas Meikle
Jonathan Meikle
Sharon Stone


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
18 August 2025

And signed on behalf of the board by:
Name: Alastair Robert Meikle
Status: Director

INCLUSIVE PEDALS CIC

Profit And Loss Account

for the Period Ended 30 June 2025

2025 2024


£

£
Turnover: 20,088 33,641
Cost of sales: ( 4,199 ) ( 6,008 )
Gross profit(or loss): 15,889 27,633
Administrative expenses: ( 14,848 ) ( 24,369 )
Operating profit(or loss): 1,041 3,264
Interest payable and similar charges: ( 2 )
Profit(or loss) before tax: 1,041 3,262
Tax: ( 238 )
Profit(or loss) for the financial year: 803 3,262

INCLUSIVE PEDALS CIC

Balance sheet

As at 30 June 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 10,313 12,880
Total fixed assets: 10,313 12,880
Current assets
Debtors: 4 2,708 726
Cash at bank and in hand: 1,766 6,866
Total current assets: 4,474 7,592
Creditors: amounts falling due within one year: 5 ( 3,722 ) ( 10,210 )
Net current assets (liabilities): 752 (2,618)
Total assets less current liabilities: 11,065 10,262
Total net assets (liabilities): 11,065 10,262
Members' funds
Profit and loss account: 11,065 10,262
Total members' funds: 11,065 10,262

The notes form part of these financial statements

INCLUSIVE PEDALS CIC

Balance sheet statements

For the year ending 30 June 2025 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.

This report was approved by the board of directors on 18 August 2025
and signed on behalf of the board by:

Name: Alastair Robert Meikle
Status: Director

The notes form part of these financial statements

INCLUSIVE PEDALS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2025

  • 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

    Turnover policy

    Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

    Tangible fixed assets depreciation policy

    All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

INCLUSIVE PEDALS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

INCLUSIVE PEDALS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2024 24,292 802 25,094
Additions
Disposals
Revaluations
Transfers
At 30 June 2025 24,292 802 25,094
Depreciation
At 1 July 2024 11,925 289 12,214
Charge for year 2,537 30 2,567
On disposals
Other adjustments
At 30 June 2025 14,462 319 14,781
Net book value
At 30 June 2025 9,830 483 10,313
At 30 June 2024 12,367 513 12,880

INCLUSIVE PEDALS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2025

4. Debtors

2025 2024
£ £
Trade debtors 2,708 726
Total 2,708 726

INCLUSIVE PEDALS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 3,484 10,210
Taxation and social security 238
Total 3,722 10,210

COMMUNITY INTEREST ANNUAL REPORT

INCLUSIVE PEDALS CIC

Company Number: 10800985 (England and Wales)

Year Ending: 30 June 2025

Company activities and impact

Inclusive Pedals has provided cycling sessions using a fleet of adapted ‘bicycles’ for several disability and learning difficulty groups from our local area. 160 individual users have made 270 visits to our sessions in the last financial year. Our other main activity is to provide a monthly ‘Dr Bike’ workshop at our storage containers and two other regular venues plus some one off events. At these have mechanics providing free bicycle repairs. In the last financial year over the 28 workshops we ran we've repaired over 350 bikes. At one workshop we accept donated bikes, refurbish them and give them out, in the last year we have given out 32 bikes. Our Cycling Without Age project is providing weekly cycling trips from two care homes run by a team of volunteers and we hope to acquire a third ’Triobike’ to increase our capacity. We are now running a Community Cycle Club providing women only rides.

Consultation with stakeholders

Our stakeholders are the user groups for our adapted cycling sessions, the general public using our Dr Bike workshops and the care homes. Adapted cycling groups are sent an appraisal form after their first visit and then a follow up telephone or email to discuss how the sessions went. Sadly some of the day care centers we work with have seen a reduction in clients and also staff so we have delivered less sessions this year. Dr Bike has more informal feedback whilst repairs are done. Cycling Without Age has received good feedback from the three care homes we currently work with.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £6,989.46. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
18 August 2025

And signed on behalf of the board by:
Name: Alastair Meikle
Status: Director