DogTired
Über Member
- Location
- Floating on a sea of vimto.
*Ahem*
If you look at the top of the bit you've circled in red you'll see that it says '13-17 funding' The document is also entitled 'BRITISH CYCLING - 2013-17 SUMMARY DOCUMENT'.
The £32 million listed is the funding for the four years - not per annum.
British Cycling's summarised accounts are here: https://www.britishcycling.org.uk/search/article/bcst-British-Cycling-Publications
Whilst the Sport England contribution of £32 million is over 4 years, BC income for 2015 was £26,092,596 and £25,633,848 for 2014.