Charity Accounts Intelreading the accounts so you don’t have to

RICHER SOUNDS FOUNDATION

Registered charity 1196533 · accounts filings on the Charity Commission register

Latest income
£560k
Latest spending
£598k
Registered
2021
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £38,211 for the year, resulting in unrestricted reserves decreasing to £860,343. The Trustees confirm that future expenditure on charitable activities can be kept within the level of income due to low operational expenses and committed grants. The charity relies primarily on donations from its sole member, Richer Sounds Limited, which the Trustees consider sufficient to maintain operations.

What the accounts disclose

Reserves policy: no specific requirement... hold a reasonable amount of reserves to prepare for potential lean years (held: £860k)
“The level of grants made is dictated by the income and so there is no specific requirement as to the level of balance sheet reserves. The Trustees aim to act prudently and hold a reasonable amount of reserves to prepare for potential lean years.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by RSM UK Audit LLP.

Corporate structure

Structured financials (annual return, FY ending 30/04/2025)

Total income
£560k
Total spending
£598k
Reserves (reported)
£860k
Employees
0

Reported reserves equal ~17.3 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/04/2025£560k£598k
30/04/2024£508k£276k
30/04/2023£479k£188k
30/04/2022£520k£144k

Common questions

Is RICHER SOUNDS FOUNDATION financially healthy?

The accounts state that the charity reported a net expenditure of £38,211 for the year, resulting in unrestricted reserves decreasing to £860,343. The Trustees confirm that future expenditure on charitable activities can be kept within the level of income due to low operational expenses and committed grants. The charity relies primarily on donations from its sole member, Richer Sounds Limited, which the Trustees consider sufficient to maintain operations. Its FY2025 accounts were audited by RSM UK Audit LLP.

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
DEBMAR BENEVOLENT TRUST LIMITED2£720k
BEIS MENACHEM CHABAD LUBAVITCH1£102k
RNH SYNAGOGUE & COLLEGE LTD1£75k
YESHIVAS LUBAVITCH MANCHESTER1£20k

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