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R.H.W.E. LIMITED

Registered charity 1093668 · accounts filings on the Charity Commission register · also known as REVIVING THE HEART OF THE WEST END

Latest income
£473k
Latest spending
£413k
Registered
2002
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a small surplus of £34,299 for the year ended 31 March 2023, with total funds increasing to £338,917. The trustees confirm that reserves held are equivalent to five months of operational costs, meeting their policy target of up to six months. The independent examiner reported no matters requiring attention, indicating the financial statements comply with applicable laws and standards.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“In calculating reserves to meet the operational needs of the Charity, we take account of the potential risks and confirm currently we hold reserves equivalent to 5 months of operational costs.”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/03/2022)

Total income
£503k
Total spending
£519k
Reserves (reported)
£266k
Employees
7

Reported reserves equal ~6.1 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Newcastle Upon Tyne City

Income and spending

Financial year endIncomeSpending
31/03/2025£473k£413k
31/03/2024£365k£360k
31/03/2023£456k£415k
31/03/2022£503k£519k
31/03/2021£459k£454k

Common questions

Is R.H.W.E. LIMITED financially healthy?

The accounts state that the charity reported a small surplus of £34,299 for the year ended 31 March 2023, with total funds increasing to £338,917. The trustees confirm that reserves held are equivalent to five months of operational costs, meeting their policy target of up to six months. The independent examiner reported no matters requiring attention, indicating the financial statements comply with applicable laws and standards. Its FY2023 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
Founders Pledge Ltd1£6.5m
EFFECTIVE VENTURES FOUNDATION1£1.0m
WALES COUNCIL FOR VOLUNTARY ACTION1£233k
THE NORTH WALES POLICE AND COMMUNITY TRUST1£250

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