THE VISCOUNT RIDLEY NORTH OF ENGLAND CADET FORCES TRUST
To assist cadets in the North East of England from disadvantaged backgrounds wishing to undertake adventure, sporting and leadership activities which will help them develop their life skills, mature and reach their true potentials, so that they can become useful members of society.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £867,866 exceed the charity's policy target of approximately twelve months of unrestricted expenditure. The charity reported a net decrease in total funds of £18,537 for the year, driven by a significant loss on investment revaluations, although operational income exceeded operational expenditure.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level, which equates to approximately twelve months unrestricted expenditure.” — page 5
Register events
- Received assets from another charity (25/08/2020)
Trustees
- COL GLENTONchair
- Brigadier Paul Joseph Baker OBE
- Elizabeth Alison Green
- HARRY LOWE
- Ingrid Moir
- Richard Reed
- Varn Bhushan Jassal TD JP DL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £35k | £33k |
| 31/03/2024 | £35k | £27k |
| 31/03/2023 | £34k | £45k |
| 31/03/2022 | £27k | £23k |
| 31/03/2021 | £247k | £33k |
Common questions
Is THE VISCOUNT RIDLEY NORTH OF ENGLAND CADET FORCES TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £867,866 exceed the charity's policy target of approximately twelve months of unrestricted expenditure. The charity reported a net decrease in total funds of £18,537 for the year, driven by a significant loss on investment revaluations, although operational income exceeded operational expenditure. Its FY2025 accounts were independently examined.