Finance Score: -3

Governance Score: 5

Support Score: 2

Accounts filed more than 5 days late: -2 times
Volatile income
spending growth: -1
No PartB

Good trustee age range: +3
Dynamic board: +3
Mainly male board: -1

Grant maker support: +2

Overall GiG Score: 4

BIKEWORKS FIFE LTD

Analysis by Giving is Great

Positives:

The charity has received modest backing from a grant maker
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

The Board is predominantly male

Financial issues to consider:

Accounts have been filed late on 2 occasions over the last 5 years
Income has been volatile recently but spending has been maintained

Financial Data

Income & Spending ?

Period ending	31/03/18	31/03/19	31/03/20	31/03/21	31/03/22	31/03/23
Total income	£36,832	£34,238	£34,263	£61,099	£67,217	£38,252
Total spending	£33,336	£38,599	£37,912	£50,391	£70,935	£40,668
Surplus/deficit	£3,496	-£4,361	-£3,649	£10,708	-£3,718	-£2,416

Download accounts

Established: 16 years

Listed activities

It carries out activities or services itself

GiG Classification

Technical, vocational and continuing education

Purposes

The advancement of education
The advancement of citizenship or community development
The advancement of environmental protection or improvement','the relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage

Where it operates

Wider, but within one local authority area, main operating location: Fife

Who it helps

No specific group, or for the benefit of the community

Who supports 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.

Specific Donations

Amount	When Months	To be used for
Scottish Government - Bikeworks Fife Ltd
£6,750	29/01/2021	Detailed description not provided.
National Lottery Community Fund - Bike Life Fife
£8,000	09/07/2020 12	This group will use the funding to refurbish bikes that would otherwise go to landfill. They partner with charities to give them to people in most need which ensures finance is not a barrier to safe ....more This group will use the funding to refurbish bikes that would otherwise go to landfill. They partner with charities to give them to people in most need which ensures finance is not a barrier to safe cycling.
Scottish Government - Bikeworks Fife Ltd
£6,500	09/04/2020	Detailed description not provided.

Data sourced from Donors via 360 Giving

How is it governed?

Directors (7)

Current Directors appointed

Gender Split

Age Range of Directors: 32-85

BYRNE, Ian
Appointed: 2023
Occupation: Company Director

DONNELLY, Rory Michael
Appointed: 2023
Occupation: Company Director

DRUMMOND, Allan
Appointed: 2023
Occupation: Company Director

PORTEOUS, Peter
Appointed: 2023
Occupation: Director

THOMPSON, Aubrey John
Appointed: 2023
Occupation: Company Director

VETTRAINO, Ross Jospeh, Cllr
Appointed: 2023
Occupation: Director

WINCOTT, Janice Ann
Appointed: 2023
Occupation: Director

Legal constitution

Charity registered in Scotland on 04/08/2008, number: SC039769
Registered at Companies House on 08/03/2008, number: SC339212

Filing Record

4 returns made; AR21: 29 days late, AR20: 21 days late,

Main office

Bikeworks Fife Ltd, Fife Food & Business Centre, Unit 29, Southfield Ind Estate, Glenrothes, Fife, KY6 2RU

Objectives

3. The company's objects are: 3.1 To relieve unemployment, particularly for individuals with a disability or other disadvantage in the labour market, for the public benefit and in such ways as may be thought fit, including assistance to find employment. 3.2 To conserve and protect the physical and natural environment by encouraging the reuse and recycling of goods, and in particular bicycles, thus reducing the volume of waste going to landfill sites. 3.3 To advance education: 3.3.1. by the provision of training with particular relevance to skills within the field of bicycle rebuilding and repair. 3.3.2. by the provision of training with particular reference to skills which will assist participants in obtaining paid employment or which will be of direct relevance to the tasks performed by participants in the course of their employment. 3.4 To promote and support volunteering, and in so doing, increase the number of people participating in volunteering activities.

Data Sources