RIVERSIDE COMMUNITY RESOURCE TRUST
To establish and run a charity which manages a unique community resource centre, which is sustainable, flexible and able to adapt and evolve with the community and clients it serves, a first class venue,providing facilities for education, recreation and leisure time which will enhance the life and wellbeing of the people of Kent, Gravesham and in particular the Riverside Ward in Gravesend
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net deficit of £4,657 for the year ended 31st March 2025, with total income of £160,244 against expenditure of £164,901. Per the trustees' report, the charity's reserves policy is to hold sufficient funds to cover at least six months of operating costs, and unrestricted reserves stood at £83,071. The trustees acknowledge that monitoring price increases for supplies and utilities remains an ongoing concern for the trust's financial stability.
What the accounts disclose
“The policy of the charity is to have an amount in reserves sufficient to cover at least six months of operating costs.” — page 3
Property (HM Land Registry)
Trustees
- CAROL LESLEY STONE
- DAVID MEAD
- PATRICIA JEFFORD FCIEH FRSH
- Robert William Suckling
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £160k | £165k |
| 31/03/2024 | £154k | £168k |
| 31/03/2023 | £148k | £183k |
| 31/03/2022 | £195k | £151k |
| 31/03/2021 | £122k | £140k |
Common questions
Is RIVERSIDE COMMUNITY RESOURCE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net deficit of £4,657 for the year ended 31st March 2025, with total income of £160,244 against expenditure of £164,901. Per the trustees' report, the charity's reserves policy is to hold sufficient funds to cover at least six months of operating costs, and unrestricted reserves stood at £83,071. The trustees acknowledge that monitoring price increases for supplies and utilities remains an ongoing concern for the trust's financial stability. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 12/10/2010 | £50k | "Northcourt Social History Project" |