RAKAT CT LTD
Providing affordable accessible transport for the local community
Objects
TO PROVIDE A COMMUNITY TRANSPORT SERVICE FOR SUCH OF THE INHABITANTS OF RICHMOND AND KINGSTON AND SURROUNDING LOCALITIES WHO ARE IN NEED OF SUCH A SERVICE BECAUSE OF AGE, SICKNESS OR DISABILITY (MENTAL OR PHYSICAL), OR POVERTY, OR BECAUSE OF A LACK OF AVAILABILITY OF ADEQUATE AND SAFE PUBLIC PASSENGER SERVICES.
Financial health, per its FY2025 accounts
The accounts state that total reserves increased to £537,736, with unrestricted funds at £468,447. The trustees consider the current free reserves of £331,476 to be sufficient, representing 4.8 months of expenditure against a target of 3 to 4 months. The charity reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“London Borough of Sutton 261,367” — page 20
“Therefore 4 months annual expenditure is £276,348 which could allow £55,128 for investment in new minibuses.”
Policies the charity declares
- Bullying and harassment 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
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 170
- Government income: £662,428 — contracts £662,428 (3); 67% of the £989,764 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 15
- Government income: £236,058 — grants £236,058 (2); 35% of the £680,319 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 15
- Government income: £32,000 — contracts £32,000 (1); 5% of the £607,912 total gross income on the same return
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- CAROLINE MARGARET CHARLTONchair
- Caroline Bayly
- Jean-Louis Meath Evans
- Julia Mary Thomas
- Mustafa Ahmet Vahdettin
- STEPHEN BAUGHAN
- Susanna Antonia Bellino
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £990k | £931k |
| 31/03/2024 | £680k | £666k |
| 31/03/2023 | £608k | £569k |
| 31/03/2022 | £472k | £514k |
| 31/03/2021 | £498k | £531k |
Common questions
Is RAKAT CT LTD financially healthy?
Per its FY2025 accounts: The accounts state that total reserves increased to £537,736, with unrestricted funds at £468,447. The trustees consider the current free reserves of £331,476 to be sufficient, representing 4.8 months of expenditure against a target of 3 to 4 months. The charity reports no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds RAKAT CT LTD?
Funders whose own accounts filings name RAKAT CT LTD as a grant recipient include HAMPTON FUEL ALLOTMENT, Richmond Foundation.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| HAMPTON FUEL ALLOTMENT | FY2025 | £35k | Contribution towards the costs of the CEO, Deputy CEO & Operations Manager. |
| HAMPTON FUEL ALLOTMENT | FY2022 | £22k | Contribution towards salary costs for key staff to provide Community Transport services for Community organisations providing services and activities in our are |
| HAMPTON FUEL ALLOTMENT | FY2023 | £14k | Coordination of Community Transport for local community groups - salary and running costs |
| Richmond Foundation | FY2025 | £12k | Gateway Grant |
| HAMPTON FUEL ALLOTMENT | FY2022 | £8k | Contribution towards the purchase of a new minibus for the RAKAT Community Transport fleet of vehicles. |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| City Bridge Foundation | 18/07/2012 | £28k | Grant to RaKAT Ltd |
| The National Lottery Community Fund | 22/02/2006 | £5k | Transport Costs |
| The National Lottery Community Fund | 23/11/2005 | £84k | Purchase of Minibuses |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £90k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £40k |
| THE BEATRICE GILMORE CHARITABLE TRUST | 1 | £27k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £15k |
| SABENO LIMITED | 1 | £10k |
| BRITISH HUMANE ASSOCIATION | 1 | £8k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY WITH ST JOHN & ST ANNE, LANCASTER | 1 | £7k |
| MERCURY PHOENIX TRUST | 1 | £7k |
Charities like this
- RESGATE CHURCH
- THE RECKITT FAMILY CHARITABLE TRUST
- ROYAL TANK REGIMENT BENEVOLENT FUND
- RJM CHARITY TRUST
- CT4N CHARITABLE TRUST
- THE ADINT CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RAKAT CT LTD | £990k | — | 0 | above | — | no doubt |
| RESGATE CHURCH | £110k | — | 0 | unclear | — | no doubt |
| THE RECKITT FAMILY CHARITABLE TRUST | £82k | — | 0 | above | — | no doubt |
| ROYAL TANK REGIMENT BENEVOLENT FUND | £624k | — | 0 | above | — | no doubt |
| RJM CHARITY TRUST | £364k | — | 0 | unclear | — | no doubt |
| CT4N CHARITABLE TRUST | £5.6m | — | 0 | unclear | — | no doubt |