RIVERSIDE PLAYGROUP (LOUTH)

Registered charity 1030937 · accounts filings on the Charity Commission register · also known as RIVERSIDE PLAYGROUP

Riverside playgroup provides good quality sessional, pre-school education for children in Louth and surrounding villages.

Causes: Education/training · website · Get email alerts

Latest income

£157k

Latest spending

£140k

Registered

1994

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £91,969 against a stated reserves policy targeting specific designated funds totaling £75,000. The trustees report a healthy financial position despite the charity incurring a net deficit of £3,353 for the year due to increased charitable expenditure.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three specific designated funds: £20,000 for lease return, £35,000 for one term's operating costs, and £20,000 for redundancy liabilities (held: £92k)

“The reserves policy is designed to set aside designated funds to ensure that we can properly mitigate specific risks, namely, the legal liability to return the site to its original condition at the end of our lease term (£20,000), one term’s operating costs if funding was removed (£35,000) and to ensure that we could meet any financial responsibilities should we be forced to close and make staff redundant (£20,000).” — page 5

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

PAUL MARK GUTHERSONchair

Trustee list from the Charity Commission register (current, not historical).

Operates in: Lincolnshire

Income and spending

Financial year end	Income	Spending
31/12/2024	£157k	£140k
31/12/2023	£134k	£137k
31/12/2022	£125k	£129k
31/12/2021	£107k	£118k
31/12/2020	£116k	£113k

Common questions

Is RIVERSIDE PLAYGROUP (LOUTH) financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £91,969 against a stated reserves policy targeting specific designated funds totaling £75,000. The trustees report a healthy financial position despite the charity incurring a net deficit of £3,353 for the year due to increased charitable expenditure. Its FY2024 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with CHESTNUT PLAYGROUP.

CHESTNUT PLAYGROUP income £132k
WHITECHAPEL PRESCHOOL PLAYGROUP income £132k
YOUTH CENTRE PLAYGROUP (LYMINGTON) income £138k
RIVERSIDE FOUNDATION income £2.0m
RIDGEWAY PLAYGROUP LIMITED income £154k
MARGARET LLOYD PLAYGROUP income £114k

Side by side with its peers

Charity	Income	Top pay band	Reserves vs policy	Fundraising cost	Going concern
RIVERSIDE PLAYGROUP (LOUTH)	£157k	—	unclear	—	no doubt
CHESTNUT PLAYGROUP FY2025	£132k	—	unclear	—	no doubt
WHITECHAPEL PRESCHOOL PLAYGROUP FY2025	£132k	—	above	—	no doubt
YOUTH CENTRE PLAYGROUP (LYMINGTON) FY2025	£138k	—	unclear	—	no doubt
RIVERSIDE FOUNDATION FY2025	£2.0m	—	above	—	no doubt
RIDGEWAY PLAYGROUP LIMITED FY2025	£154k	—	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.