The Bike Project
Analysis
The Bike Project is a registered charity in England and Wales, based in London. It was registered in June 2013, 13 years ago. Its declared purposes cover education/training, the prevention or relief of poverty and economic/community development/employment, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 08359498). It says it provides services.
In the financial year ending March 2025, The Bike Project reported income of £1.4m and spending of £1.5m, spending 106% of what it took in. Across the 5 years on record, from December 2020 to March 2025, income fell from £1.8m to £1.4m (-22%), an average of -6.0% a year. The sharpest change came in the year to March 2023, when income rose by 46%. Over the whole period it spent 100% of the income it received.
Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, The Bike Project sits at the 95th percentile: it is larger than about 95% of them. Against every charity in England and Wales with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include Dewsbury Welfare Trust (£1.4m), London International Christian Church (£1.4m) and Fine Cell Work (£1.4m).
In its latest detailed accounts, income came from donations and legacies 50%, charitable activities 46% and trading 3.7%. Charitable activities took 73% of spending and raising funds 25%. It employed 23 people.
Income and spending
Where the income comes from
- Donations 50%
- Charitable activities 46%
- Trading 3.7%
- Other 0.1%
In the charity's own words
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.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dewsbury Welfare Trust | West Yorkshire | £1.4m |
| London International Christian Church | London | £1.4m |
| Fine Cell Work | London | £1.4m |
| Restore Hope | Chesham | £1.4m |