THE RICEPUDS CHARITABLE TRUST
Trustees intend to concentrate on relieving people in need by reason of age, ill-health, disability or poverty; advancement of health and social care; education; environment protection and improvement; amateur sport; arts; culture; heritage or science.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted free reserves of £1,798,422, which the trustees acknowledge is higher than needed but expected to reduce following a change in funding approach. The charity reported a net income surplus of £89,250 for the year, driven by investment gains, and maintains a reserves policy targeting several years of unrestricted charitable expenditure. Per the trustees' report, the charity is financially stable with sufficient funds to cover support costs and respond to grant applications.
What the accounts disclose
“The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately several years of unrestricted charitable expenditure” — page 5
“Trustee W A Rice is also a trustee of Whittington Hospital NHS Trust Charitable Funds (1056452). During the year the trust made a donation of £10,000 (2024: £nil).” — page 13
Trustees
- MR TONY RICEchair
- JAN SHERLAW RICE
- MR ANDY RICE
- MR TOM RICE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £58k | £54k |
| 05/04/2024 | £49k | £34k |
| 05/04/2023 | £60k | £29k |
| 05/04/2022 | £33k | £34k |
| 05/04/2021 | £41k | £13k |
Common questions
Is THE RICEPUDS CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted free reserves of £1,798,422, which the trustees acknowledge is higher than needed but expected to reduce following a change in funding approach. The charity reported a net income surplus of £89,250 for the year, driven by investment gains, and maintains a reserves policy targeting several years of unrestricted charitable expenditure. Per the trustees' report, the charity is financially stable with sufficient funds to cover support costs and respond to grant applications. Its FY2025 accounts were independently examined.