THE RAFT FOUNDATION

Registered charity 1191272 · accounts filings on the Charity Commission register

The Raft Foundation is a crisis support foodbank providing individuals and families in Rossendale:- parcels of food for 3 meals a day x 7 days per person- essential household goods, e.g. nappies, toiletries- signposting to support with their causes of povertyWe deliver 3 days per week, every week, with the other days spent sourcing, collecting, sorting and packing donated food.

Objects

THE RELIEF OF FINANCIAL HARDSHIP AMONGST PEOPLE IN ROSSENDALE AND THE SURROUNDING AREAS:A)PROVIDING EMERGENCY FOOD, ESSENTIAL TOILETRIES, HOUSEHOLD ITEMS AND OTHER ITEMS GIFTED TO THE ORGANISATION FOR THE BENEFIT OF INDIVIDUALS AND FAMILIES IN NEED B)SUCH OTHER MEANS, INCLUDING (BUT NOT LIMITED TO)THE PROVISION OF SUPPORT OR SIGNPOSTING TO RELEVANT INFORMATION AND OTHER ADVISORY SERVICES.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: The Prevention Or Relief Of Poverty · website · Get email alerts

Latest income
£61k
Latest spending
£76k
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure deficit of £15,100 for the year ended 31 December 2024, reducing its unrestricted reserves from £152,174 to £137,074. Per the trustees' report, the charity's reserves policy is to maintain free reserves equivalent to approximately twelve months of operating expenditure, with a target of £50,000 considered sufficient. The current unrestricted reserves of £137,074 are above this stated policy target.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Fundraising cost ratio: 0.0% of fundraised income, as disclosed
“There were no employees whose annual remuneration was more than £60,000.” — page 35
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: approximately twelve months operating expenditure (held: £137k)
“It is the policy of the Charity to maintain unrestricted funds, which are free reserves of the Charity, at a level which as a minimum equates to approximately twelve months operating expenditure. A reserve in the order of £50,000 is considered sufficient” — page 25
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Lancashire

Income and spending

Financial year endIncomeSpending
31/12/2024£61k£76k
31/12/2023£87k£70k
31/12/2022£107k£59k
31/12/2021£104k£38k

Common questions

Is THE RAFT FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure deficit of £15,100 for the year ended 31 December 2024, reducing its unrestricted reserves from £152,174 to £137,074. Per the trustees' report, the charity's reserves policy is to maintain free reserves equivalent to approximately twelve months of operating expenditure, with a target of £50,000 considered sufficient. The current unrestricted reserves of £137,074 are above this stated policy target. Its FY2024 accounts were independently examined.