FUNDRAISING

I want to be transparent about how funds are raised and divided up.

If someone donates a bike to us for recycling, the bike or bikes will be recycled in one of three ways:

  • Ideally we can service, repair and sell on to new owners The profits from these sales are split 50/50 with the business, so 50% of the profits, which is selling price minus costs of parts, goes to the various charities and the other 50% gets invested in the business to pay for parts and spares for repair cafes, running costs to keep the business doing what we are best at.
  • If a bike is not repairable we strip it for parts: shifters, wheels, derailleurs etc.
  • Or, we work with a charity that recycles bikes sending them to African Nations for use or recycling.

OVER 7,000 preloved bikes have found new homes bringing families together, commuters to work and helping people get fitter.

That’s a yearly average of 1250 bikes being saved from scrap.

Since 2013 bikes that have been deemed as beyond repair or not to our standards are recycled with our sister charity who ship them to African nations.

Over 2 Tonnes, yes 2 Tonnes of food has been donated to foodbank’s and over 1500 food parcels have been distributed to people in need with financial donations of over £10,000 to Hope and Trussell Trust.

OVER £125,000 since 2013 has been raised for various charities such as Remember Rufus, Dogs trust, Warwick Cycle Hub, British Heart Foundation, Myton Hospice, Macmillian, Foodbanks, Zoe’s Place, Helping Hands (we were proud to sponsor their breakfast club for a month) , Kenilworth Carnival, through our participation in Run the Ring we have donated funds to CoppaFeel Breast Cancer Awareness, Dogs for Autism, and continue to donate to Papyrus for the prevention of suicide in young people.

We ask for a small donation of £10 for delivering bikes, which we reinvest into The National Trust, to plant more woodlands to make us as carbon neutral as possible

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