Question 1

What is the mission of THE BIKE PROJECT?

Accepted Answer

We aim to provide relief for those seeking asylum and those granted refugee status and their dependents who are in conditions of need, hardship or distress. To achieve this, we collect, repair, and distribute second-hand bikes to refugees and asylum seekers. All of our resources and funding are directed towards achieving this goal.

Question 2

What is the financial size of THE BIKE PROJECT?

Accepted Answer

THE BIKE PROJECT is classified as a large charity. In the latest financial year, they reported a total income of £1,381,642 and total expenditure of £1,457,725.

Question 3

How does THE BIKE PROJECT allocate its spending?

Accepted Answer

For every pound spent, approximately 74.7% goes directly to charitable activities. The remaining 25.3% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.8%).

Question 4

What is the workforce structure of THE BIKE PROJECT?

Accepted Answer

THE BIKE PROJECT employs 23 staff members and is supported by 85 volunteers.

Question 5

Does THE BIKE PROJECT receive government funding?

Accepted Answer

To a small extent. Approximately 3.3% of their income comes from government grants or contracts.

Question 6

Does THE BIKE PROJECT pay its trustees?

Accepted Answer

Yes, the latest data indicates that one or more trustees receive payments or personal benefits from the charity.

THE BIKE PROJECT

Latest HighlightsFY 2025

Income Sources

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