RIFT VALLEY RESEARCH LIMITED
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to US$ 1,160,185, significantly exceeding the stated policy target range of US$ 390,000 to US$ 430,000. Per the trustees' report, the charity generated a surplus and maintains sufficient cash resources to meet liabilities as they fall due, with no material uncertainties identified regarding its ability to continue as a going concern.
What the accounts disclose
“The following number of employees received employee benefits (excluding employer pension costs) during the year between: $61,000-$73,999 $74,000-$85,999” — page 42
“It is therefore intended that the organization will hold General Unrestricted Reserves in the range US$ 390,000 to US$ 430,000, this being broadly equivalent to five months operating costs, covering staff salaries, office leases and redundancy payments to cover closure costs.”
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Paul Murphychair
- Awak Bior
- Dr Sharath Srinivasan
- Haile Menkerios
- Joanna Oyediran Adenike
- Lillian Wairimu Githuka
- Mary Walker Harper
- Professor Kenneth John Menkhaus
- Professor Laura Christine Hammond
- Professor Munzoul Abdalla Munzoul Assal
- Professor Terrence Patrick Lyons
- Timothy James Woodward
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £4.6m | £4.4m |
| 31/12/2023 | £4.8m | £4.7m |
| 31/12/2022 | £3.9m | £3.9m |
| 31/12/2021 | £2.7m | £2.6m |
| 31/12/2020 | £1.8m | £1.8m |
Common questions
Is RIFT VALLEY RESEARCH LIMITED financially healthy?
The accounts state that unrestricted reserves increased to US$ 1,160,185, significantly exceeding the stated policy target range of US$ 390,000 to US$ 430,000. Per the trustees' report, the charity generated a surplus and maintains sufficient cash resources to meet liabilities as they fall due, with no material uncertainties identified regarding its ability to continue as a going concern. Its FY2024 accounts were audited by Parker Russell UK LLP.
What does the highest-paid employee of RIFT VALLEY RESEARCH LIMITED earn?
Per its FY2024 accounts, the highest-paid employee was in the $74,000-$85,999 band.