for the Period Ended 31 August 2025
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 2025 | 2024 | |
|---|---|---|
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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(
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| Gross profit(or loss): |
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| Administrative expenses: |
(
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(
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| Operating profit(or loss): |
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( |
| Profit(or loss) before tax: |
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( |
| Profit(or loss) for the financial year: |
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( |
As at
| Notes | 2025 | 2024 | |
|---|---|---|---|
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£ |
£ |
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| Current assets | |||
| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 3 |
(
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(
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| Net current assets (liabilities): |
( |
( |
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| Total assets less current liabilities: |
( |
( |
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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: |
( |
( |
The notes form part of these financial statements
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 August 2025
Basis of measurement and preparation
for the Period Ended 31 August 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 August 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Accruals and deferred income |
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| Other creditors |
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| Total |
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Established in August 2021, Together We Ride CIC continues to champion diversity and inclusion by encouraging people from all backgrounds to participate in group cycling events. Our mission is realised through a holistic approach focused on four key areas. Reducing Isolation We foster a welcoming and supportive community, bringing together individuals from every walk of life. Our group rides provide a space for meaningful connections, helping to combat loneliness and build lasting friendships. Advocating for Health We promote the many physical benefits of regular cycling, including improved cardiovascular health, increased muscle strength, greater flexibility, and enhanced joint mobility. Our activities support healthy weight management and help reduce the risk of chronic conditions such as obesity, heart disease, and diabetes. Nurturing Skills Our cycling programmes are designed to be both enjoyable and developmental. Participants enhance their physical fitness while also gaining practical skills and confidence through regular group rides and workshops. Enhancing Mental Wellness Cycling outdoors has proven psychological benefits, helping to alleviate stress,anxiety, and depression. The camaraderie and sense of achievement gained from our rides further promote emotional wellbeing and social cohesion. Achievements for the Year Ending 31 August 2024 During the financial year ending 31 August 2024, Together We Ride CIC expanded its impact across Greater London. We consistently hosted local rides three times a week, engaging participants from 32 London boroughs.
No consultation with stakeholders
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
24 June 2026
And signed on behalf of the board by:
Name: Wayne Francis
Status: Director