NORTHSIDE BIKES COMMUNITY PROJECTS CIC

Company limited by guarantee

Company Registration Number:
14731768 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

NORTHSIDE BIKES COMMUNITY PROJECTS CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

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

NORTHSIDE BIKES COMMUNITY PROJECTS CIC

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal activities of the company

Community projects to get people cycling



Directors

The director shown below has held office during the whole of the period from
1 April 2024 to 31 March 2025

Christopher Dee


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
12 December 2025

And signed on behalf of the board by:
Name: Christopher Dee
Status: Director

NORTHSIDE BIKES COMMUNITY PROJECTS CIC

Profit And Loss Account

for the Period Ended 31 March 2025

2025 13 months to 31 March 2024


£

£
Turnover: 16,029 18,547
Cost of sales: ( 13,294 ) ( 14,432 )
Gross profit(or loss): 2,735 4,115
Administrative expenses: ( 4,414 ) ( 1,590 )
Operating profit(or loss): (1,679) 2,525
Interest receivable and similar income: 2,350
Profit(or loss) before tax: 671 2,525
Profit(or loss) for the financial year: 671 2,525

NORTHSIDE BIKES COMMUNITY PROJECTS CIC

Balance sheet

As at 31 March 2025

Notes 2025 13 months to 31 March 2024


£

£
Fixed assets
Investments: 3 20
Total fixed assets: 20
Current assets
Stocks: 4 250
Debtors: 5 3,783 2,248
Cash at bank and in hand: 4,550 607
Total current assets: 8,583 2,855
Prepayments and accrued income: 0 156
Creditors: amounts falling due within one year: 6 ( 5,887 ) ( 966 )
Net current assets (liabilities): 2,696 2,045
Total assets less current liabilities: 2,716 2,045
Total net assets (liabilities): 2,716 2,045
Members' funds
Profit and loss account: 2,716 2,045
Total members' funds: 2,716 2,045

The notes form part of these financial statements

NORTHSIDE BIKES COMMUNITY PROJECTS CIC

Balance sheet statements

For the year ending 31 March 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 12 December 2025
and signed on behalf of the board by:

Name: Christopher Dee
Status: Director

The notes form part of these financial statements

NORTHSIDE BIKES COMMUNITY PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 March 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

NORTHSIDE BIKES COMMUNITY PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 13 months to 31 March 2024
    Average number of employees during the period 3 0

NORTHSIDE BIKES COMMUNITY PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Fixed assets investments note

Subsidiary undertaking Additions in the year £20 Valuation as at 31 March 2025 £20

NORTHSIDE BIKES COMMUNITY PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Stocks

2025 13 months to 31 March 2024
£ £
Stocks 250
Total 250

NORTHSIDE BIKES COMMUNITY PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Debtors

2025 13 months to 31 March 2024
£ £
Prepayments and accrued income 256
Other debtors 3,527 2,248
Total 3,783 2,248

NORTHSIDE BIKES COMMUNITY PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Creditors: amounts falling due within one year note

2025 13 months to 31 March 2024
£ £
Taxation and social security 795 480
Accruals and deferred income 482 486
Other creditors 4,610
Total 5,887 966

COMMUNITY INTEREST ANNUAL REPORT

NORTHSIDE BIKES COMMUNITY PROJECTS CIC

Company Number: 14731768 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

Running projects to encourage more people to cycle, improving mental and physical health, while helping the environment. 692 free bike repairs. Given away 33 bikes to people in need. And taught 48 people how to maintain and fix their own bicycles. Recycled 302 bicycles to be used again.

Consultation with stakeholders

We have regular meetings with our partners to receive feedback and plan projects. The partners including De Montfort University, the Leicestershire NHS, the East of England Co-op, St Margarets Pastures and Mowmacre Playground, Cycling UK and Leicester Tigers Foundation.

Directors' remuneration

The Director received £2,860 remuneration during this financial year.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
17 December 2025

And signed on behalf of the board by:
Name: Mr C Dee
Status: Director