COL'S KENT BIKE TOURS CIC

Company limited by guarantee

Company Registration Number:
15352948 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 15 December 2023

End date: 31 December 2024

COL'S KENT BIKE TOURS CIC

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

COL'S KENT BIKE TOURS CIC

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

During the financial year, the principal activities of Col’s Kent Bike Tours CIC have focused on delivering inclusive, community-based cycling and outdoor experiences across Thanet and East Kent. The company provides a mix of paid cycling tours for visitors and free community rides and adventure activities for local people, including refugees, young people, those in recovery, and others facing barriers to physical and social wellbeing. These activities include: Guided cycling tours highlighting the natural beauty, culture, and heritage of Kent. Weekly free community rides to promote physical and mental health, social inclusion, and environmental awareness. School holiday adventure programmes for young people, fostering confidence, fitness, and social skills. Wild camping and outdoor adventure experiences, including kayaking, foraging, mindfulness, and trail running. Partnership work with other local CICs, schools, and community groups to expand access to healthy outdoor activities. The company’s mission remains focused on improving wellbeing, reducing isolation, building confidence, and encouraging active lifestyles through accessible, eco-friendly, and community-driven cycling initiatives.



Directors

The director shown below has held office during the whole of the period from
15 December 2023 to 31 December 2024

Colin Welsh

Secretary Colin Welsh

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
27 December 2025

And signed on behalf of the board by:
Name: Colin Welsh
Status: Secretary

COL'S KENT BIKE TOURS CIC

Profit And Loss Account

for the Period Ended 31 December 2024

13 months to 31 December 2024


£
Turnover: 5,942
Cost of sales: ( 10,323 )
Gross profit(or loss): (4,381)
Distribution costs: ( 521 )
Administrative expenses: ( 7,896 )
Other operating income: 14,000
Operating profit(or loss): 1,202
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 1,202
Profit(or loss) for the financial year: 1,202

COL'S KENT BIKE TOURS CIC

Balance sheet

As at 31 December 2024

Notes 13 months to 31 December 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 1,202
Investments:   0
Total current assets: 1,202
Net current assets (liabilities): 1,202
Total assets less current liabilities: 1,202
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 1,202
Members' funds
Profit and loss account: 1,202
Total members' funds: 1,202

The notes form part of these financial statements

COL'S KENT BIKE TOURS CIC

Balance sheet statements

For the year ending 31 December 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.

This report was approved by the board of directors on 27 December 2025
and signed on behalf of the board by:

Name: Colin Welsh
Status: Director

The notes form part of these financial statements

COL'S KENT BIKE TOURS CIC

Notes to the Financial Statements

for the Period Ended 31 December 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

    Turnover policy

    For Col’s Kent Bike Tours CIC, turnover includes income from guided bike rides, coaching sessions, and other paid cycling-related services. Turnover is recorded net of any cancellations, refunds, or discounts, and is recognised in the period the service takes place.

    Other accounting policies

    Grant Income Policy Grant income is recognised when there is reasonable assurance that the conditions of the grant have been met, and the income is receivable. Restricted grant income is matched to the period in which the related activity takes place. Basis of Preparation The financial statements have been prepared under the historical cost convention and in accordance with FRS 102 Section 1A (Small Entities). Going Concern The directors believe the CIC is a going concern and have prepared the accounts on that basis.

COL'S KENT BIKE TOURS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    13 months to 31 December 2024
    Average number of employees during the period 0

    The CIC did not employ any staff during the period. All services were delivered by the directors, freelance cycle coaches, and volunteers.

COMMUNITY INTEREST ANNUAL REPORT

COL'S KENT BIKE TOURS CIC

Company Number: 15352948 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

Col’s Kent Bike Tours CIC delivers guided cycling tours and outdoor experiences across Thanet and East Kent. During the financial year, the company’s activities benefited the community in the following ways: Increased access to physical and mental wellbeing activities: Over 100 local residents, including people on low incomes, those experiencing mental health challenges, refugees, and young people, have participated in free or subsidised cycling adventures, helping to improve their physical health, build confidence, and alleviate isolation. Inclusive cycling for diverse groups: Community rides were specifically designed to be accessible, with free bike hire (including electric bikes) offered where needed. The rides catered to all ability levels and included support for people with autism, neurodivergence, or mental health difficulties. Improved social cohesion and community connection: Participants joined WhatsApp groups and social platforms where they shared experiences and built relationships. Regular social rides helped individuals feel more connected, particularly those new to the area or facing personal difficulties such as bereavement or unemployment. Support for disadvantaged youth: The CIC ran school holiday adventure programmes and weekend activities that helped young people get outdoors, gain new experiences, and stay active in a safe, supportive environment. Encouraging environmental consciousness: By promoting cycling as a mode of transport and exploration, the CIC helped reduce car use and instil a love of nature among participants through coastal and countryside routes, wild camping, and eco-adventures. Skills and confidence development: Participants gained practical bike maintenance skills and navigational confidence. Those who were initially hesitant about joining the rides grew in self-esteem and resilience, as highlighted in beneficiary feedback.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £9,033.81. These services included: ride leadership for community and commercial rides, route preparation, tour development, research and development, website creation, marketing, social media management, photography and video production, and delivering mechanical skills workshops. 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. Note: A portion of the work carried out by directors was voluntary and not remunerated.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Colin Welsh
Status: Director