RYECROFT NRC
The promotion of the regeneration for the public benefit of the area of social and economic deprivation known as Ryecroft/Coalpool NRC
Objects
1) THE RELIEF OF POVERTY IN SUCH WAYS AS MAY BE THOUGHT FIT2) THE RELIEF OF SICKNESS AND ILL-HEALTH3) THE RELIEF OF UNEMPLOYMENT4) THE ADVANCEMENT OF EDUCATION AND TRAINING5) THE PROVISION, MAINTENANCE AND IMPROVEMENT OF PUBLIC AMENITIES6) THE PROVISION OF RECREATIONAL FACILITIES IN THE INTERESTS OF SOCIAL WELFARE.
Financial health, per its FY2024 accounts
The accounts state that the charity remains open seven days a week and has managed to continue despite funding challenges, with unrestricted funds increasing to £26,170 and total net assets at £89,397. The trustees identify financial sustainability as the major financial risk and note the potential threat of moving from a tenancy at will to a lease with unfavorable terms. The charity relies heavily on volunteers and secured specific project funding, such as a development manager role, to support its growing activity levels.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity 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
- 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
Trustees
- Elaine Rowbothamchair
- Denise Marie Knott
- Gary Staples Mr
- Gurpal Kaur
- JANE KIRKPATRICK
- PAUL STAPLES
- Stacey Ankrett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £231k | £234k |
| 31/12/2023 | £85k | £92k |
| 31/12/2022 | £159k | £167k |
| 31/12/2021 | £153k | £105k |
| 31/12/2020 | £131k | £93k |
Common questions
Is RYECROFT NRC financially healthy?
Per its FY2024 accounts: The accounts state that the charity remains open seven days a week and has managed to continue despite funding challenges, with unrestricted funds increasing to £26,170 and total net assets at £89,397. The trustees identify financial sustainability as the major financial risk and note the potential threat of moving from a tenancy at will to a lease with unfavorable terms. The charity relies heavily on volunteers and secured specific project funding, such as a development manager role, to support its growing activity levels. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 04/09/2025 | £18k | Walsall Community Climate Response |
| The National Lottery Community Fund | 22/04/2022 | £10k | Safety for all |
| The National Lottery Community Fund | 23/03/2020 | £10k | Breaking Chains - Forging Links |
| The National Lottery Community Fund | 23/01/2020 | £705 | Walsall MAD |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE RACING FOUNDATION | 1 | £3.5m |
| Point North Community Foundation | 1 | £882k |
| LOCAL TRUST | 1 | £871k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £250k |
| RACING WELFARE | 1 | £132k |
| THE ALBORADA TRUST | 1 | £125k |
| THE MRS L D ROPE THIRD CHARITABLE SETTLEMENT | 1 | £15k |
| THE HOBSON CHARITY LIMITED | 1 | £5k |
Charities like this
- NEW HORIZONS COMMUNITY ENTERPRISE
- NORTH LIVERPOOL REGENERATION COMPANY LTD
- RYCROFT LEISURE
- GROUNDWORK NORTH EAST
- EAST DURHAM COMMUNITY DEVELOPMENT TRUST LTD
- THE RACING CENTRE LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RYECROFT NRC | £231k | — | 0 | unclear | — | no doubt |
| NEW HORIZONS COMMUNITY ENTERPRISE | £1.2m | £100,001 - £110,000 | — | above | — | no doubt |
| NORTH LIVERPOOL REGENERATION COMPANY LTD | £0 | — | 0 | unclear | — | no doubt |
| RYCROFT LEISURE | £340k | — | 0 | unclear | — | no doubt |
| GROUNDWORK NORTH EAST | £8.2m | — | — | unclear | — | no doubt |
| EAST DURHAM COMMUNITY DEVELOPMENT TRUST LTD | £1.7m | — | 0 | unclear | — | no doubt |