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
Objects
A) PREVENTION AND RELIEF OF POVERTY BY SUPPLYING DONATED FURNITURE AND HOUSEHOLDGOODS AT MINIMAL COST TO PEOPLE IN NEED B) THE PROTECTION AND PRESERVATION OF THE ENVIRONMENT BY ENCOURAGINGREUSE/RECYCLING OF DONATED FURNITURE AND HOUSEHOLD GOODSC) THE RELIEF OF UNEMPLOYMENT FOR THE BENEFIT OF THE PUBLIC IN SUCH WAYS AS MAY BETHOUGHT FIT, INCLUDING THE PROVISION OF TRAINING, EMPLOYMENT, WORK EXPERIENCEAND VOLUNTEERING OPPORTUNITIES.
Financial health, per its FY2026 accounts
The accounts state that the charity reported a net deficit of £8,487 for the year, a significant improvement from the previous year's £15,258 deficit, despite total expenditure rising to £389,541. Per the trustees' report, unrestricted liquid reserves stand at £124,069, which represents 3.8 months of budgeted expenditure, falling within the stated policy target of three to six months. The charity maintains adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The reserves policy states that unrestricted liquid reserves of the Scheme (general funds less fixed assets net book value) should aim to be between three to six months' otherwise unfunded expenditure.” — page 15
Year-over-year changes
- Reserves position vs the charity's own policy moved from "below" (FY2025) to "within" (FY2026).
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
- Paying staff
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media 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 31/03/2026
- Volunteers: 102
- Government income: £18,500 — grants £18,500 (1); 5% of the £381,054 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 107
- Government income: £18,500 — grants £18,500 (1); 6% of the £284,667 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 119
- Government income: £18,500 — grants £18,500 (1); 6% of the £287,847 total gross income on the same return
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 |
|---|---|---|
| 31/03/2026 | £381k | £390k |
| 31/03/2025 | £285k | £300k |
| 31/03/2024 | £288k | £245k |
| 31/03/2023 | £265k | £217k |
| 31/03/2022 | £221k | £210k |
Common questions
Is RICHMOND FURNITURE SCHEME financially healthy?
Per its FY2026 accounts: The accounts state that the charity reported a net deficit of £8,487 for the year, a significant improvement from the previous year's £15,258 deficit, despite total expenditure rising to £389,541. Per the trustees' report, unrestricted liquid reserves stand at £124,069, which represents 3.8 months of budgeted expenditure, falling within the stated policy target of three to six months. The charity maintains adequate resources to continue in operational existence for the foreseeable future. Its FY2026 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 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Point North Community Foundation | 1 | £477k |
| THE MRS L D ROPE THIRD CHARITABLE SETTLEMENT | 1 | £110k |
| TWO RIDINGS COMMUNITY FOUNDATION | 1 | £10k |
| THE MOULDING FOUNDATION | 1 | £5k |
| The Patricia Routledge Foundation | 1 | £5k |
| THE INMAN CHARITY | 1 | £5k |
| THE DULVERTON TRUST | 1 | £5k |
| SOMERSET COMMUNITY FOUNDATION | 1 | £4k |
Charities like this
- COUNTY DURHAM FURNITURE HELP SCHEME
- COMMUNITY FURNITURE STORE (RYEDALE) LIMITED
- HOME FURNITURE SERVICES TRUST
- IPSWICH FURNITURE PROJECT
- RERUN FURNITURE SERVICE LTD
- BARNET REUSE CENTRE LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RICHMOND FURNITURE SCHEME | £381k | — | 0 | within | — | no doubt |
| COUNTY DURHAM FURNITURE HELP SCHEME | £859k | — | 0 | unclear | — | noted |
| COMMUNITY FURNITURE STORE (RYEDALE) LIMITED | £242k | — | 0 | below | — | no doubt |
| HOME FURNITURE SERVICES TRUST | £207k | — | 0 | unclear | — | no doubt |
| IPSWICH FURNITURE PROJECT | £622k | up to £60,000 | 0 | below | — | no doubt |
| RERUN FURNITURE SERVICE LTD | £97k | — | 0 | unclear | — | no doubt |