RICHMOND FURNITURE SCHEME
We operate in and around Richmond Borough. We collect donated furniture, repairing, cleaning, displaying and selling it at low prices to people in need and at higher prices to the general public. We offer basic training and work experience in carpentry and property maintenance to disadvantaged young people and volunteering experience to others including the unemployed
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating deficit of £15,258 for the year, resulting in a decrease in total reserves from £226,163 to £210,905. The trustees note that unrestricted reserves of £148,776 are currently at 4.7 months of budgeted expenditure, which is below their stated policy target of six months. Despite the deficit, the trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“Current reserves of £148.8k are at 4.7 months of budgeted expenditure.”
Trustees
- John Alexander Stephenchair
- Aoife Herr
- Derek Papworth
- Helen Higgins
- Helen Pugh
- Mithu Sengupta
- Nicola Anson
- Ryan Andrew Richardson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £285k | £300k |
| 31/03/2024 | £288k | £245k |
| 31/03/2023 | £265k | £217k |
| 31/03/2022 | £221k | £210k |
| 31/03/2021 | £184k | £170k |
Common questions
Is RICHMOND FURNITURE SCHEME financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an operating deficit of £15,258 for the year, resulting in a decrease in total reserves from £226,163 to £210,905. The trustees note that unrestricted reserves of £148,776 are currently at 4.7 months of budgeted expenditure, which is below their stated policy target of six months. Despite the deficit, the trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Who funds RICHMOND FURNITURE SCHEME?
Funders whose own accounts filings name RICHMOND FURNITURE SCHEME as a grant recipient include HAMPTON FUEL ALLOTMENT, Richmond Foundation, THE GROCERS' CHARITY, THE GREEN HALL FOUNDATION, SSP FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| HAMPTON FUEL ALLOTMENT | FY2022 | £28k | The salary for a full-time Volunteer Co-ordinator (37.5 hours per week) and associated costs to provide skills and opportunities to around 75 volunteers to impr |
| HAMPTON FUEL ALLOTMENT | FY2025 | £28k | Contribution towards core running costs. |
| HAMPTON FUEL ALLOTMENT | FY2023 | £28k | Volunteer co-ordination for community furniture recycling project - salary costs |
| Richmond Foundation | FY2025 | £18k | Core Grant |
| Richmond Foundation | FY2024 | £17k | Grant awarded in 2023/24 |
| THE GROCERS' CHARITY | FY2025 | £5k | Relief of Poverty |
| THE GREEN HALL FOUNDATION | FY2023 | £4k | |
| SSP FOUNDATION | FY2024 | £1k | |
| CHAPMAN CHARITABLE TRUST | FY2023 | £1k | |
| SSP FOUNDATION | FY2025 | £1k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 16/12/2022 | £8k | Replacement Collection/Delivery Van Project |