Finance Score: -3
Governance Score: 9
Support Score: 13
  • Poor Liquidity: -1
  • Deficit on unrestricted reserves: -2
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +13
Overall GiG Score: 19 ?

THE BIKE PROJECT 

Overview

The Bike Project is achieving its mission to 'get refugees cycling' by giving second-hand bikes donated by the general public to refugees in need, assisting them with biking lessons and providing them with volunteering opportunities that build valuable workplace skills.

They have introduced mobile drop-off points and virtual programmes to aid the high demand for bikes by refugees over recent years. This has allowed them to expand their core activities out of London to new cities.

Funding from bike sales and servicing has continued to rise, even though challenges have been seen through the pandemic. Introduction of a physical retail spaces hopes to decrease dependency on grant maker donations and add to cost savings.

Source: Giving is Great

Mission:

Helping refugees gain stability in their lives by providing them with free bicycle donations and riding lessons
Analysis by Giving is Great

Positives:

  • Spending has increased over the last 3 years relative to the previous period
  • There have been no material income shortfalls in recent years
  • A significant proportion of recent income was derived from major grant makers
  • The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end
  • There was a deficit on unrestricted reserves of £50,610 at the last year end after deducting the value of own use assets
  • There has been a change of accounting period recently, so trends may be hard to determine
Established: 11 years

www.thebikeproject.co.uk

info@thebikeproject.co.uk

02077338098

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Financial Data ?

Income & Spending ?
N.B. data has been adjusted to reflect year end change
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23?£3,259£3,113£146£604£249£-51-0.231139
31/12/21£2,232£2,329£-96£337£103£1030.53598
31/12/20£1,771£1,763£8£244£199£1991.426187
31/12/19£1,194£1,154£39£79£192£710.718137
31/12/18£717£729£-12£297£152£801.312300
31/12/17£579£522£57£178£164£1082.5100
31/12/16£386£309£77£0£0£0n/a00
31/12/15£210£210£0£0£0£0n/a00
31/12/14£169£158£10£0£0£0n/a00
31/12/13£88£65£24£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 18.9%
Fundraising Costs/Total Spending: 19.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 67%
Liabilities/Income: 19%
Unrestricted Funds/Total Funds: -20%
Reserves/Spending: -0.2 months
Net Current Assets/Spending: 1 months
Quick Ratio: 0.9
Asset Split ?
Comment: Though dependant on grants from trust and foundations, revenue and cost saving opportunities have been seen in their expansion of programmes to new cities and their in person retail options

Source: Giving is Great

What it does
The Bike Project aim to provide relief for those seeking asylum and those granted refugee status and their dependants who are in conditions of need, hardship or distress. They achieve this by collecting, repairing, and distributing second-hand bikes
Listed activities
  • Economic/Community Development/Employment
  • Education/Training
  • The Prevention Or Relief Of Poverty
How it operates
  • Provides services
Where it operates
  • Throughout England And Wales,
Who it helps
  • Other Defined Groups
  • The General Public/Mankind
Who works here?
  • 31 employees
  • 139 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
National Lottery Community Fund£489,617
Henry Smith Charity£243,000
City Bridge Trust£203,708
Dulverton Trust£143,844
Comic Relief£111,219
The Charity of Sir Richard Whittington£75,000
The EQ Foundation£60,000
London Borough of Southwark£45,808
Specific Donations
Amount When
Months
To be used for
London Marathon Charitable Trust - Pedal Power – empowering refugee women through cycling
£19,920 08/09/2023
towards establishing the Camberwell site as a hub for the Pedal Power project providing cycling lessons for refugee women
London Borough of Southwark - Grant to The Bike Project
£15,404 31/03/2023
Common Purpose grant from the Environment, Neighbourhoods & Growth department
National Lottery Community Fund - The Bike Project - getting refugees cycling
£459,972 02/02/2023
This funding will be used to expand its service of taking donated second-hand bicycles refurbishing them and donating them to refugees and asylum seekers. The project aims to provide new skills for ....more
The Michael And Betty Little Trust - The Bike Project
£40,000 20/11/2022
Matching up refugees and asylum seekers without the means or money to travel around the city, with the thousands of abandoned or unwanted bikes in the UK
City Bridge Trust - Grant to The Bike Project
£71,200 17/11/2022
24
£71,200 over two further and final years (£36,592, £34,608) towards the London Operations Manager’s salary alongside costs to undertake a recycling feasibility study in the first year.
National Lottery Community Fund - The Bike Project's Mechanic Skills programme for refugees and asylum seekers
£9,978 24/06/2022
The funding will be used to a deliver introduction to bike maintenance courses for refugees and asylum seekers to help develop their skills. Participants will then be given the opportunity to ....more
Sport England - Jubilee Fund - Building The Bike Project community in Coventry
£5,873 17/06/2022
This project will build a cycling community for refugees and their supporters in Coventry through a number of programmes and interventions.
Henry Smith Charity - Grant to The Bike Project
£108,000 17/05/2022
36
towards three years' running costs of a project which sources, repairs and donates bikes to refugees and asylum seekers, affected by the COVID-19 pandemic, across the UK.
The EQ Foundation - Grant to The Bike Project
£20,000 15/05/2022
To increase the supply of bikes available for refugees
The EQ Foundation - Grant to The Bike Project
£20,000 15/04/2022
Unrestricted
London Borough of Southwark - Grant to The Bike Project
£15,404 31/03/2022
Common Purpose grant from the Environment & Leisure department
Garfield Weston Foundation - Main Grants award
£25,000 26/11/2021
The Bike Project Expansion Programme
The Charity of Sir Richard Whittington - Grant to The Bike Project
£75,000 01/07/2021
36
To scale up our work with refugees across London over a period of 3 years, including our programmes, social enterprise, and community involvement.
Dulverton Trust - Bike Project in the West Midlands
£105,000 09/06/2021
Bike Project in the West Midlands
Comic Relief - Cyber Cyclists
£70,000 28/04/2021
Refugees arrive in this country alone leaving their family and friends behind, not knowing if or when they will see them again. In a study by the Jo Cox Commission on Loneliness, 58% of refugees ....more
The EQ Foundation - Grant to The Bike Project
£10,000 15/04/2021
Unrestricted
National Lottery Community Fund - The Bike Project's Social Action Heroes
£9,677 19/03/2021
5
The funding will used to pilot a social action programme for 12 young refugees aged 18-25 using their experiences as cyclists to engage the wider community in cycling and refugee issues. The project ....more
Henry Smith Charity - Grant to The Bike Project
£135,000 18/03/2021
36
towards three years' continuation funding of the running costs of an organisation which sources, repairs and donates bikes to refugees and asylum seekers in London and the West Midlands.
Sport England - TGC CF Pedal Power II: The Home Edition
£6,130 22/01/2021
11
This project will provide weekly sessions of cycling and yoga sessions to women and girls aged 16+.
Barrow Cadbury Trust - COVID-19 - The Bike Project
£40,000 21/09/2020
6
To support cycling services for refugees and asylum seekers, including bike provision and training
The London Community Foundation - Grant to The Bike Project
£19,433 17/09/2020
¢ Bike donations delivered directly to refugees with one-to-one follow-up support. ¢ Cyber Cyclists. Online programme providing activities and support for refugees ¢ Volunteer programme for people ....more
Comic Relief - The Bike Projet Pedal Power Programme
£41,219 15/09/2020
This project, Pedal Power, will support female refugees to develop cycling skills in London. With the high cost of transport, refugees and asylum seekers are unable to access the services/amenities ....more
City Bridge Trust - Grant to The_BikeProject
£25,708 08/05/2020
A grant of £25,708 to fund the essential and urgent costs outlined in the application, so that the organisation can carry on providing support to Londoners.
Pears Foundation - Grant to The Bike Project
£30,000 20/04/2020
24
Core funding
The EQ Foundation - Grant to The Bike Project
£10,000 06/04/2020
Coronavirus appeal
London Borough of Southwark - Grant to The Bike Project
£15,000 01/04/2020
Common Purpose grant from the Environment & Leisure department
The Rayne Foundation - Grant to The Bike Project
£40,000 09/03/2020
24
Towards core costs to support the expansion of operations in the West Midlands and launching The Bike Project Roadshow in 2021.
AB Charitable Trust - A grant to The Bike Project
£20,000 09/01/2020
An unrestricted grant of £20,000. The Bike Project matches refugees and asylum seekers with abandoned or unwanted bikes, which facilitates cheaper and easier travel to access services and activities.
City Bridge Trust - Grant to The Bike Project
£106,800 26/09/2019
36
£106,800 over three years (£35,600 x 3) towards the salaries of the London Operations Manager (4 dpw) and a Bike Mechanic (2 dpw) for London delivery.
Dulverton Trust - The Birmingham Bike Project
£28,844 12/06/2019
The Birmingham Bike Project
Dulverton Trust - The Birmingham Bike project ? Big Give Christmas Challenge 2019
£10,000 12/06/2019
The Birmingham Bike project ? Big Give Christmas Challenge 2019
National Lottery Community Fund - The Bike Buddy Programme
£9,990 23/05/2019
12
The funding will be used to deliver a biking buddies programme for refugees. The project aims to support refugees in building confidence with cycling.
London Borough of Southwark - Grant to The Bike Project
£15,000 01/04/2019
Common Purpose grant from the Place & Wellbeing department
National Lottery Community Fund - The Birmingham Bike Project
£76,290 19/02/2019
24
This group will collect and refurbish unwanted and abandoned bikes in London and donate them to refugees and asylum seekers in Birmingham. They will also run workshops and programmes to encourage ....more
Greater London Authority - Grant to The Bike Project
£12,000 26/11/2018
Team London small grant 2018-19 - social integration
National Lottery Community Fund - The Bike Project ? Getting Refugees Cycling
£374,978 22/11/2018
36
The project will help tackle mobility issues among refugees and asylum seekers -enabling them to access the resources and opportunities they need to build a new life for themselves and to feel ....more
AB Charitable Trust - A grant to The Bike Project
£15,000 15/10/2018
£15,000 towards Birmingham Bike Project. The Bike Project takes on second-hand bikes, fixes them & then donates them to refugees & asylum seekers in London and Birmingham. Free transport can ....more
Lloyds Bank Foundation - Grant to The Bike Project
£15,000 25/07/2018
12
The funding will support the costs of a Logistics Consultant and Retail Strategic to help the charity deliver their planned growth and expansion into additional workshop premises in Birmingham.
London Borough of Southwark - Grant to The Bike Project
£15,000 01/04/2018
Community Capacity grant from the Place & Wellbeing department
The Leathersellers' Company Charitable Fund - Grant to The Bike Project
£40,000 12/03/2018
48
Main Grant unrestricted core costs
National Lottery Community Fund - Reaching asylum seekers and refugees in London
£10,000 21/02/2018
12
The project will renovate and equip a new workshop for the charity to enable them to upscale their services. This will provide more bicycles for refugees and create more volunteering and training ....more
Pears Foundation - Grant to The Bike Project
£30,000 31/01/2018
24
Core funding
Comic Relief - Refugee Women and Girls Cycling Project
£55,908 19/07/2017
36
This project will support 120 female asylum seekers and refugees aged 14-65 to develop cycling skills. Through cycling, refugees have better access to vital services, experience increased social ....more
DCMS - Refugee Women and Girls Cycling Project
£18,636 19/07/2017
This project will support 120 female asylum seekers and refugees aged 14-65 to develop cycling skills. Through cycling, refugees have better access to vital services, experience increased social ....more
DCMS - Refugee Women and Girls Cycling Project
£18,636 19/07/2017
This project will support 120 female asylum seekers and refugees aged 14-65 to develop cycling skills. Through cycling, refugees have better access to vital services, experience increased social ....more
DCMS - Refugee Women and Girls Cycling Project
£13,977 19/07/2017
This project will support 120 female asylum seekers and refugees aged 14-65 to develop cycling skills. Through cycling, refugees have better access to vital services, experience increased social ....more
DCMS - Refugee Women and Girls Cycling Project
£13,977 19/07/2017
This project will support 120 female asylum seekers and refugees aged 14-65 to develop cycling skills. Through cycling, refugees have better access to vital services, experience increased social ....more
Henry Smith Charity - Grant to The Bike Project
£75,000 08/06/2017
36
towards three years' running costs of a project which sources, repairs and donates bikes to refugees and asylum seekers in London
The Rayne Foundation - Grant to The Bike Project
£36,000 08/06/2017
24
Towards the core costs of a social enterprise that provides second-hand bikes to refugees and asylum seekers.
London Borough of Southwark - Grant to The Bike Project
£15,000 01/04/2017
Community Capacity grant from the Housing & Modernisation department
London Borough of Southwark - Grant to The Bike Project
£3,250 01/04/2017
Neighbourhoods Fund: Camberwell grant from the Housing & Modernisation department
City Bridge Trust - Grant to The Bike Project
£40,000 08/11/2016
£40,000 over 12 months towards the salary of 1.5 FTE bike mechanics.
AB Charitable Trust - Supporting refugees by providing free bicycles.
£15,000 25/10/2016
£15,000 towards core costs
Tudor Trust - Grant to The Bike Project
£75,000 11/10/2016
36
over three years as continuation funding towards the core costs of a charity working in London to refurbish and provide bikes for refugees and asylum seekers
National Lottery Community Fund - The Bike Project: Safe cycling for refugees in London
£10,000 06/04/2016
12
The group will use the funding to provide cycle training for refugees that have received free bikes. This will allow beneficiaries to travel safely, improving their independence, access to services ....more
London Borough of Southwark - Grant to The Bike Project
£15,000 01/04/2016
Community Capacity grant from the Housing & Modernisation department for Mechanics' salaries
Pears Foundation - Grant to The Bike Project
£30,000 23/02/2016
24
Core funding
AB Charitable Trust - Bikes for refugees and asylum seekers
£15,000 20/10/2015
£15,000 towards core costs
Tudor Trust - Grant to The Bike Project
£40,000 24/04/2014
24
over two years towards core costs to support expansion of a project which provides refurbished bikes, bike maintenance training and bike mechanics courses to refugees and asylum seekers in London
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)
Current Trustees appointed
Gender Split
Based on 9/11 persons

Age Range of Trustees: 33-66
Legal constitution
  • Charitable company registered in England & Wales on 10/06/2013, number: 1152354
  • Registered at Companies House on 14/01/2013, number: 08359498
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
10 returns made; all on time
Main office

3Space International House
7th Floor The Bike Project
Canterbury Crescent
Brixton
London
SW9 7QD

Objectives

(1) TO PROVIDE RELIEF FOR THOSE SEEKING ASYLUM AND THOSE GRANTED REFUGEE STATUS AND THEIR DEPENDANTS WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS; (2) TO DEVELOP THE CAPACITY AND SKILLS OF SOCIALLY DISADVANTAGED COMMUNITIES IN SUCH A WAY THAT THEY ARE BETTER ABLE TO IDENTIFY, AND HELP MEET, THEIR NEEDS AND TO PARTICIPATE MORE FULLY IN SOCIETY; (3) TO ADVANCE THE EDUCATION OF ALL AGES OF THE PUBLIC IN THE SAFE USE, RE-USE AND MAINTENANCE OF BICYCLES; AND (4) THE PROTECTION AND PRESERVATION OF THE ENVIRONMENT IN PARTICULAR BY SAVING BICYCLES FROM LANDFILL AND PROMOTING BICYCLE RE-USE AND RECYCLING.

Defined Area of Benefit:

LOCAL

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase

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