ASPIRE RYDE

Registered charity 1163336 · accounts filings on the Charity Commission register · listed website unreachable when last crawled

Latest income
£1.6m
Latest spending
£1.2m
Registered
2015
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity reported a net income of £25,325 for the year ended 31 December 2022, with total funds carried forward increasing to £268,240. The charity holds unrestricted reserves of £256,014 and has significant long-term liabilities of £280,137, primarily consisting of bank loans taken to fund property acquisitions and operations.

What the accounts disclose

Accounts audited by Sheen Stickland.

Public fundraising profile: JustGiving — Aspire Ryde (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.6m
Total spending
£1.2m
Cost of raising funds
£19k
Reserves (reported)
£370k
Employees
51

Reported reserves equal ~3.6 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

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

Operates in: Isle Of Wight

Income and spending

Financial year endIncomeSpending
31/12/2024£1.6m£1.2m
31/12/2023£1.2m£1.3m
31/12/2022£978k£953k
31/12/2021£443k£394k
31/12/2020£276k£224k

Common questions

Is ASPIRE RYDE financially healthy?

The accounts state that the charity reported a net income of £25,325 for the year ended 31 December 2022, with total funds carried forward increasing to £268,240. The charity holds unrestricted reserves of £256,014 and has significant long-term liabilities of £280,137, primarily consisting of bank loans taken to fund property acquisitions and operations. Its FY2022 accounts were audited by Sheen Stickland.

Who funds ASPIRE RYDE?

Funders whose own accounts filings name ASPIRE RYDE as a grant recipient include COMMUNITY ACTION ISLE OF WIGHT, THE WIGHT AID FOUNDATION.

Known funders

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

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund18/12/2018£10k"Transforming place and transforming people within a landmark heritage building"

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.

FunderSimilar charities fundedAmount to them
BEIS MINCHAS YITZCHOK TRUST1£51k
KOLLEL MISHKON YAKOV1£32k
THE THOMAS FARR CHARITY1£5k
THE DEO GLORIA TRUST1£4k

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