RICH MIX CULTURAL FOUNDATION
Latest income
£2.7m
Latest spending
£3.2m
Registered
2001
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £537,812 for the year ended 31 March 2025, driven by rising salary costs and inflation. While unrestricted general funds dropped to £51,433, the charity maintains significant designated funds of £11,430,410, primarily for its building, and forecasts a surplus for the upcoming year.
What the accounts disclose
Related-party transaction: Denise Jones is a trustee of both the charity and The Portal Trust and Aldgate and Allhallows.
“During the year a grant of £25,000 was received from The Portal Trust and £20,000 from Aldgate and Allhallows of which Denise Jones is a trustee.” — page 41
“As part of the Capital Project a building conditions survey was carried out by Jones Lang LaSalle Incorporated (JLL) of which Laura Houghton is an employee. The work was completed pro bono.” — page 41
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Laura Houghton is an employee of the charity and an employee of JLL, which provided pro bono services.
“During the year a grant of £25,000 was received from The Portal Trust and £20,000 from Aldgate and Allhallows of which Denise Jones is a trustee.” — page 41
“As part of the Capital Project a building conditions survey was carried out by Jones Lang LaSalle Incorporated (JLL) of which Laura Houghton is an employee. The work was completed pro bono.” — page 41
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Rich Mix Cultural Enterprises Limited
“The charity has a wholly owned trading subsidiary, Rich Mix Cultural Enterprises Limited.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£2.7m
Total spending
£3.2m
Cost of raising funds
£88k
Reserves (reported)
£5k
Employees
49
Trustees
- Angelina Bernadette John
- Ansuya Vezendy
- Bhavisha Goolab
- DENISE JONES
- Dylan James HASKINS
- Eleanor Kate McLaughlin
- Jackie O'Sullivan
- Judith Kilvington
- Kevin Gruenenfelder
- Laura Elizabeth Houghton
- Priti Patel-May
- SHAMIM AZAD
- Sangna CHAUHAN
- Vineet Jasooja
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.7m | £3.2m |
| 31/03/2024 | £2.5m | £3.2m |
| 31/03/2023 | £2.3m | £2.9m |
| 31/03/2022 | £2.8m | £2.7m |
| 31/03/2021 | £3.0m | £2.4m |
Common questions
Is RICH MIX CULTURAL FOUNDATION financially healthy?
The accounts state that the charity reported a net deficit of £537,812 for the year ended 31 March 2025, driven by rising salary costs and inflation. While unrestricted general funds dropped to £51,433, the charity maintains significant designated funds of £11,430,410, primarily for its building, and forecasts a surplus for the upcoming year. Its FY2025 accounts were audited by Buzzacott Audit LLP.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 07/09/2022 | £10k | "Our Journeys StoryTent" |
| The National Lottery Heritage Fund | 08/10/2015 | £10k | "The House of Schmutter: Discovering the Jewish East End" |