RICHARD HOUSE TRUST
To accompany families with children and young people with life limiting/life threatening or complex healthcare conditions during the child or young person's journey through life to death, creating positive experiences along the way which become good memories for the future.
Objects
TO PROVIDE OUTREACH, RESPITE AND HOSPICE CARE FOR CHILDREN AND YOUNG PEOPLE WITH SPECIAL NEEDS IN THE LONDON BOROUGHS OF TOWER HAMLETS, NEWHAM, HACKNEY, BARKING, DAGENHAM, WALTHAM FOREST, REDBRIDGE, ISLINGTON, CAMDEN, BARNET, HARINGEY AND ENFIELD OR EXTENDED AS THE BOARD OF TRUSTEE DIRECTORS DECIDE. FOR THE PURPOSES OF THISMEMORANDUM "SPECIAL NEEDS" IS DEFINED AS THE NEEDS OF CHILDREN/YOUNG PEOPLE SUFFERING FROM ANY IMPAIRMENT OR DISABILITY HOWEVER CAUSED WHICH RESULTS IN THEIR REQUIRING A LEVEL OF PERSONAL CARE AND ATTENTION WHICH IS SUBSTANTIALLY HIGHER THAN THAT WHICH WOULD BE REASONABLY REQUIRED BY A CHILD/YOUNG PERSON OF A SIMILAR AGE WITHOUT SUCH IMPAIRMENT OR DISABILITY.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £393,819 for the year ended 31 March 2024, resulting in a reduction of free unrestricted reserves to £460,368. The trustees note that these reserves are well below their stated policy target of six months' operating costs, citing a difficult financial year with rising costs and decreased legacy income. Despite this, the trustees remain confident in their ability to continue as a going concern, supported by statutory income and planned fundraising efforts.
What the accounts disclose
“Income from fundraising amounted to £1,856,863 against fundraising related costs of £863,293 resulting in fundraising profit of £993,570.” — page 30
“The Board of Trustee Directors aspires to retain free funds equivalent to a minimum of six months' operating costs of £2.6 million” — page 16
“Richard House Trading Company Limited gifts, as Gift Aid, its profits to the charity.”
Insolvency history (Companies House)
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 150
- Government income: £2,381,492 — contracts £1,919,600 (5), grants £461,892 (1); 50% of the £4,785,996 total gross income on the same return
- Employees paid over £60,000: 3 (£60,001–£70,000: 1; £80,001–£90,000: 1; £100,001–£110,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 650
- Government income: £2,272,987 — contracts £1,885,652 (5), grants £387,335 (1); 48% of the £4,724,497 total gross income on the same return
- Employees paid over £60,000: 3 (£60,001–£70,000: 1; £70,001–£80,000: 1; £80,001–£90,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2022
- Volunteers: 150
- Government income: £1,842,959 — contracts £1,343,575 (2), grants £499,384 (2); 48% of the £3,853,576 total gross income on the same return
- Employees paid over £60,000: 2 (£70,001–£80,000: 1; £80,001–£90,000: 1)
- Has a trading subsidiary
Annual return filing dates (Charity Commission record)
1 annual return is past its due date with no recorded received date (Charity Commission register).
Corporate structure
- Registered company of the charity Companies House 03232837
Company officers (Companies House)
- BEDFORD-SMITH, Simon John on trustee list
- HARRINGTON, Denis on trustee list
- WINTER, John on trustee list
- LOVELOCK, Derek John on trustee list
- UKIAH, Nicola on trustee list
- RICHARDS, Paul William
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2024)
Register events
- Received assets from another charity (04/03/2021)
- Received assets from another charity (23/07/2018)
Trustees
- NICOLA UKIAHchair
- Denis Harrington Mr
- Derek John Lovelock
- John Winter
- Simon Bedford-Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | — | — |
| 31/03/2024 | £4.8m | £5.2m |
| 31/03/2023 | £4.7m | £5.0m |
| 31/03/2022 | £3.9m | £4.3m |
| 31/03/2021 | £4.7m | £4.0m |
Common questions
Is RICHARD HOUSE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £393,819 for the year ended 31 March 2024, resulting in a reduction of free unrestricted reserves to £460,368. The trustees note that these reserves are well below their stated policy target of six months' operating costs, citing a difficult financial year with rising costs and decreased legacy income. Despite this, the trustees remain confident in their ability to continue as a going concern, supported by statutory income and planned fundraising efforts. Its FY2024 accounts were audited by Moore Kingston Smith LLP.
Who funds RICHARD HOUSE TRUST?
Funders whose own accounts filings name RICHARD HOUSE TRUST as a grant recipient include THE HINDUJA FOUNDATION, CHARLES S FRENCH CHARITABLE TRUST, SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION, BELVEDERE TRUST, THE WILLIAM ALLEN YOUNG CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CBRE UK CHARITABLE TRUST | FY2023 | Unverified read£86k | |
| THE HINDUJA FOUNDATION | FY2021 | £10k | The relief of poverty, hunger and sickness |
| CHARLES S FRENCH CHARITABLE TRUST | FY2023 | £3k | |
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | FY2023 | £3k | |
| BELVEDERE TRUST | FY2023 | £2k | |
| THE WILLIAM ALLEN YOUNG CHARITABLE TRUST | FY2025 | £2k | |
| GOWLING WLG (UK) CHARITABLE TRUST | FY2025 | £1k | |
| BELVEDERE TRUST | FY2024 | £1k | |
| GOWLING WLG (UK) CHARITABLE TRUST | FY2024 | £500 | |
| THE PETER STEBBINGS MEMORIAL CHARITY | FY2025 | amount not stated |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 04/04/2023 | £462k | Children and Young Peoples Hospice Grant 2023-24 Noah's Ark Children's Hospice |
| UK government | 01/06/2022 | £387k | Richard House Children's Hospice |
| Crowdfunder | 04/05/2022 | £4k | Local Action Fund |
| UK government | 14/09/2021 | £392k | Richard House Children's Hospice |
| The National Lottery Community Fund | 17/10/2019 | £8k | Mums Group at Richard House |
| The National Lottery Community Fund | 01/08/2019 | £47k | Activity and support days |
| The National Lottery Community Fund | 14/05/2018 | £10k | Activities for terminally ill children |
| The National Lottery Community Fund | 22/03/2017 | £3k | Body slings and slide sheets for Richard House Children's Hospice |
| City Bridge Foundation | 12/01/2012 | £146k | Grant to Richard House Trust |
| The National Lottery Community Fund | 15/09/2011 | £10k | Richard House's Community Engagemant Project |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THOMAS J HORNE MEMORIAL TRUST | 2 | £59k |
| The Barnes Fund | 2 | £22k |
| THE SIR EDWARD LEWIS FOUNDATION | 2 | £18k |
| Royal Warrant Holders' Charity | 2 | £10k |
| THE EDGAR E LAWLEY FOUNDATION | 2 | £5k |
| THE LOCKWOOD CHARITABLE FOUNDATION | 2 | £3k |
| THE ARDWICK TRUST | 2 | £400 |
| THE MICHAEL AND ANNA WIX CHARITABLE TRUST | 2 | £400 |
Charities like this
- ST RICHARDS HOSPICE FOUNDATION
- KATHARINE HOUSE HOSPICE TRUST
- BEAUMOND HOUSE COMMUNITY HOSPICE
- THE CHILDHOOD TRUST
- HOME-START RICHMOND, KINGSTON & HOUNSLOW
- RED HOUSE YOUTH TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RICHARD HOUSE TRUST | £4.8m | — | — | unclear | 46.5% | no doubt |
| ST RICHARDS HOSPICE FOUNDATION | £10.6m | — | — | above | — | no doubt |
| KATHARINE HOUSE HOSPICE TRUST | £3.3m | — | — | above | — | no doubt |
| BEAUMOND HOUSE COMMUNITY HOSPICE | £1.8m | £60,000 - £69,999 | 1 | below | — | no doubt |
| THE CHILDHOOD TRUST | £3.3m | £80,001 - £90,000 | 1 | below | — | no doubt |
| HOME-START RICHMOND, KINGSTON & HOUNSLOW | £589k | — | 0 | within | — | no doubt |