broken spoke bike co-op
The Broken Spoke is a not-for-profit social enterprise started by people who are
really passionate about cycling, and we provide open workshop support, mechanics
courses, cycle training, women’s and transgender people only mechanics sessions,
and a hub of information for people who cycle (or really want to). We partner
with local community organisations, school groups, and individuals with the goal
of making people more proficient and confident in cycle maintenance and riding.
Since February 2018, Broken Spoke has been registered as a Community Benefit
Society with charitable objectives and we are registered with the Financial
Conduct Authority (FCA) under number 31918R as Broken Spoke Bicycles Limited.
Some history Broke Spoke was founded in June 2012. From the beginning the
founders have been working closely with the Cooperative Enterprise Hub for
advice and training. Thanks to their assistance and support, Broken Spoke became
a fully fledged not-for-profit Industrial and Provident Society Multistakeholder
Co-operative in December 2012. (Phew, that’s a mouthful…) On 10 October 2016, we
updated our registration in line with the current legislation and were then
called a ‘registered society under the Co-operative and Community Benefit
Societies Act 2014’. (…not sure if that made it easier?) In 2017 we decided that
the Community Benefit Society model is actually a better fit with the purpose
and objectives of Broken Spoke. On 12 February 2018 we registered the amendment
of our rules and thereby transitioned to being a Community Benefit Society,
still registered under the Co-operative and Community Benefit Societies Act
2014. We are also still dedicated to adhering to the co-operative principles and
are based on the values of self-help, self-responsibility, democracy, equality,
equity, and solidarity.
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