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.

Objects

The objects for which the Company is established are:-To advance education for the public benefit by the promotion of the arts, in particular but not exclusively the art of drama

Area of benefit: UNDEFINED. IN PRACTICE, NATIONAL

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Arts/culture/heritage/science · website · Get email alerts

Registered contact address: Three Rivers, East of England, England (from the postcode on the register)

Latest income
£2.3m
Latest spending
£2.5m
Registered
2008
Accounts read
FY2025

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 (reserves figure: £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

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/03/2025

  • Volunteers: 3
  • Government income: £492,083 — grants £492,083 (2); 22% of the £2,259,089 total gross income on the same return
  • Employees paid over £60,000: 1 (£80,001–£90,000: 1)
  • Has a trading subsidiary

Self-declared on the annual return for the financial year ending 31/03/2024

  • Volunteers: 5
  • Government income: £473,391 — grants £473,391 (1); 62% of the £759,966 total gross income on the same return
  • Employees paid over £60,000: 1 (£60,001–£70,000: 1)

Self-declared on the annual return for the financial year ending 31/03/2023

  • Government income: £331,391 — grants £331,391 (1); 74% of the £450,590 total gross income on the same return
  • Employees paid over £60,000: 1 (£60,001–£70,000: 1)

Source: this charity’s annual returns on the Charity Commission register.

Annual return filing dates (Charity Commission record)

Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/03/2024 (received 11/02/2025, 11 days after the 31/01/2025 due date).

Due and received dates as recorded in the Commission’s annual-return data; the data does not say whether an extension was agreed. Source: this charity’s annual returns on the Charity Commission register.

Leadership, per the charity’s website

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)

Total income
£1.8m
Total spending
£2.5m
Reserves (reported)
£0
Employees
7

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.7 months; benchmarks).

Per its annual return, largest income source: Charitable activities (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.3%) (benchmarks).

Trustees · trustee networks

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

Operates in: Coventry City · Leeds City · Manchester City · Slough · Throughout London

Income and spending

Financial year endIncomeSpending
31/03/2025£2.3m£2.5m
31/03/2024£760k£737k
31/03/2023£451k£577k
31/03/2022£433k£332k
31/03/2021£410k£255k

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.

Who funds RIFCO ARTS?

Funders whose own accounts filings name RIFCO ARTS as a grant recipient include THE FENTON ARTS TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE FENTON ARTS TRUSTFY2021£7k
THE FENTON ARTS TRUSTFY2022£3k

Government & lottery funding

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

FunderDateAmountPurpose
UK government13/10/2022£473kNational Portfolio Organisations
UK government13/10/2022£473kNational Portfolio Organisations
The National Lottery Heritage Fund23/01/2020£10k"GenerAsians"
The National Lottery Heritage Fund23/10/2006£35k"Celebrating Asian Elders"

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 BEDFORD CREATIVE ARTS LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
RIFCO ARTS£2.3m—0unclear—no doubt
BEDFORD CREATIVE ARTS LIMITED FY2025£322k—0above—no doubt
SKIPPKO ARTS TEAM FY2026£325k—0unclear—no doubt
ART ASIA TRUST LIMITED FY2025£277k—0unclear—no doubt
IROKO THEATRE COMPANY FY2025£123k—0below—no doubt
CREATIVE FUTURES (UK) LIMITED FY2026£411k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.