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RIVERSIDE ADVICE LTD

Registered charity 1100551 · accounts filings on the Charity Commission register

A free, independent, comprehensive, confidential, welfare rights advice service targeting vulnerable people with 'special' needs. Enabling and empowering residents to obtain information, advice and representation which will allow them to exercise their rights and responsibilities alleviating poverty, deprivation and social exclusion in a holistic way and therefore improve quality of life.

Causes: The Prevention Or Relief Of Poverty · website · Get email alerts

Latest income
£539k
Latest spending
£564k
Registered
2003
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £25,777 for the year, resulting in a decrease in total funds from £473,095 to £447,317. Despite this deficit, the trustees confirm the organization remains strong with healthy liquid resources and a cash balance of £460,303. The charity maintains a designated reserve of £150,000 to cover closure costs, which is below its stated policy target of six months of expenditure.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: British Gas Energy Trust (54% of income)
“The major grants received were from the British Gas Energy Trust (£290,800)” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £136k; policy: six months)
“This reserve is reviewed by the trustees annually to ensure adequacy and is currently £150,000”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity banks with CAF Bank, a subsidiary of the Charities Aid Foundation.
“It banks with CAF Bank which is a subsidiary of the Charities Aid Foundation, a registered charity dedicated to creating a social impact.”
Per its FY2025 accounts as filed with the Charity Commission.
Governance: The trustees note that current constitutional documents have led to difficulties in decision-making functions and require review.
“it is recognised that the current constitutional documents require review as they have led to difficulties in the decision-making functions of the charity's personnel.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public-sector contracts awarded

From the official Contracts Finder and Find a Tender notices (supplier matched by exact registered name). Contract income is distinct from grants.

BuyerContractAwardedValue
Cardiff and Vale University Health BoardMental Health Service Users Benefits Advice Services——

Structured financials (annual return, FY ending 31/03/2025)

Total income
£539k
Total spending
£564k
Reserves (reported)
£436k
Employees
14

Reported reserves equal ~9.3 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£539k£564k
31/03/2024£462k£478k
31/03/2023£447k£361k
31/03/2022£361k£286k
31/03/2021£408k£233k

Common questions

Is RIVERSIDE ADVICE LTD financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £25,777 for the year, resulting in a decrease in total funds from £473,095 to £447,317. Despite this deficit, the trustees confirm the organization remains strong with healthy liquid resources and a cash balance of £460,303. The charity maintains a designated reserve of £150,000 to cover closure costs, which is below its stated policy target of six months of expenditure. Its FY2025 accounts were independently examined.

Who funds RIVERSIDE ADVICE LTD?

Funders whose own accounts filings name RIVERSIDE ADVICE LTD as a grant recipient include THE ACCESS TO JUSTICE FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE ACCESS TO JUSTICE FOUNDATIONFY2024£123kGrants
THE ACCESS TO JUSTICE FOUNDATIONFY2021£50k
THE ACCESS TO JUSTICE FOUNDATIONFY2023£44kGrants & Donations
THE ACCESS TO JUSTICE FOUNDATIONFY2022£15k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund18/10/2010£50kRECESSION 2:Welfare Rights Advice Service for Vulnerable Families in Ely Ca
The National Lottery Community Fund11/03/2010£50kRecession:Financial Inclusion; A Money Advice Service for Vulnerable People