Friends of Pedal Power Project Ltd

Analysis

Friends of Pedal Power Project Ltd is a registered charity in England and Wales, based in Pontcanna. It was registered in May 2002, 24 years ago. Its declared purposes cover the advancement of health or saving of lives, disability, amateur sport and economic/community development/employment, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 04373456). It says it provides human resources, provides buildings/facilities/open space and provides services.

In the financial year ending March 2025, Friends of Pedal Power Project Ltd reported income of £618k and spending of £774k, spending 125% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £401k to £618k (+54%), an average of +11% a year. The sharpest change came in the year to March 2024, when income rose by 89%. Over the whole period it spent 103% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Friends of Pedal Power Project Ltd sits at the 85th percentile: it is larger than about 85% of them. Against every charity in England and Wales with reported income it ranks in the 91st percentile. Charities of a similar size with the same main cause include Iceni Ipswich (£618k), Bradford District Community Foundation (£618k) and The Lord Leonard and Lady Estelle Wolfson Foundation (£618k).

In its latest detailed accounts, income came from charitable activities 61%, trading 29% and donations and legacies 10%. Charitable activities took 85% of spending and raising funds 14%. Reserves of £126k would cover about 2 months of spending at that rate. It employed 27 people.