RIFCO ARTS
Registered charity 1123986 · accounts filings on the Charity Commission register
Rifco Arts produces vibrant, accessible, high quality theatre which reflects and celebrates the contemporary British Asian experience; with a focus on enticing and engaging new audiences. We tour entertaining and thought provoking theatre locally and nationally, develop exciting projects within the local community, and explore the synergy between British Asians and their culture and heritage.
Causes: Arts/culture/heritage/science · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased from £242,180 to £100,484 during the period, resulting in a net expenditure of £141,696. The trustees report that the organisation has secured guaranteed funding from Arts Council England until 2028, providing added security for future planning.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: four months of core operating costs (held: £100k)
“the Board has set the reserves target at £130,000, equivalent to four months of core operating costs.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Rifco Productions Ltd is a wholly owned subsidiary. The intercompany balance owed by Rifco Productions Ltd at the period end was £94,607.
“Rifco Productions Itd is wholly owned subsidiary. The intercompany balance owed by Rifco Productions Itd at the period end was £94,607.” — page 18
“Pravesh Kumar, Artistic Director and Chief Executive Officer, received £7,219 in royalties for his work as a writer on Frankie Goes to Bollywood.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Pravesh Kumar, Artistic Director and CEO, received £7,219 in royalties for writing work outside his employment duties.
“Rifco Productions Itd is wholly owned subsidiary. The intercompany balance owed by Rifco Productions Itd at the period end was £94,607.” — page 18
“Pravesh Kumar, Artistic Director and Chief Executive Officer, received £7,219 in royalties for his work as a writer on Frankie Goes to Bollywood.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Board Member Ravieen Beston, CEO Pravesh Kumar, and Executive Producer George Warren each made risk-bearing investments in Rifco Arts.
“Rifco Productions Itd is wholly owned subsidiary. The intercompany balance owed by Rifco Productions Itd at the period end was £94,607.” — page 18
“Pravesh Kumar, Artistic Director and Chief Executive Officer, received £7,219 in royalties for his work as a writer on Frankie Goes to Bollywood.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Rifco Production Ltd
“The charitable company holds 100% of the 100 issued ordinary £1 share capital of Rifco Production Ltd” — page 19
Per its FY2025 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
Year-over-year changes
- Employees paid over £60,000: 1 (FY2024) → 0 (FY2025).
Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.
Leadership, per the charity’s website
- Pravesh Kumar — Artistic Director (source)
Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.
Funders the charity credits
Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/03/2025)
Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Trustee list from the Charity Commission register (current, not historical).
Operates in: Coventry City · Leeds City · Manchester City · Slough · Throughout London
Income and spending
Common questions
Is RIFCO ARTS financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds decreased from £242,180 to £100,484 during the period, resulting in a net expenditure of £141,696. The trustees report that the organisation has secured guaranteed funding from Arts Council England until 2028, providing added security for future planning. Its FY2025 accounts were independently examined.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with IROKO THEATRE COMPANY.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.