REDHILLS CIO

Registered charity 1193927 · accounts filings on the Charity Commission register

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Latest income
£4.3m
Latest spending
£551k
Registered
2021
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds total funds of £10,870,630, with free unrestricted reserves of £60,446. The trustees have not yet adopted a formal reserves policy as the charity is in the early stages of operational delivery. The auditors confirmed that the use of the going concern basis is appropriate and identified no material uncertainties regarding the charity's ability to continue in existence.

What the accounts disclose

Related-party transaction: Income from related party
Durham Minors Association (DMA), of which Stephen Guy was Chairman, provided income totalling £nil (2024: £1,500,000) in aid of the Redhills Revealed capital project underway. — page 29
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by UNW LLP. Discloses 4 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£4.3m
Total spending
£551k
Reserves (reported)
£60k
Employees
6

Reported reserves equal ~1.3 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Durham

Income and spending

Financial year endIncomeSpending
31/03/2025£4.3m£551k
31/03/2024£5.7m£326k
31/03/2023£1.9m£167k
31/03/2022£0£0

Common questions

Is REDHILLS CIO financially healthy?

The accounts state that the charity holds total funds of £10,870,630, with free unrestricted reserves of £60,446. The trustees have not yet adopted a formal reserves policy as the charity is in the early stages of operational delivery. The auditors confirmed that the use of the going concern basis is appropriate and identified no material uncertainties regarding the charity's ability to continue in existence. Its FY2025 accounts were audited by UNW LLP.