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RIAC UK

Registered charity 1201090 · accounts filings on the Charity Commission register

At RIAC UK we match professionals who want to become trustees and non-executives with arts & culture organisations looking for new and more diverse talent to fill posts. Each new trustee is mentored by an experienced arts & culture trustee from the RIAC Brain Trust as they grow into their new role.

Causes: Economic/community Development/employment · website · Get email alerts

Latest income
£25k
Latest spending
£41k
Registered
2022
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that RIAC UK operated at a deficit of £15,494 for the year ended 31 December 2024, reducing its unrestricted reserves from £32,808 to £17,314. The trustees' report notes that the reserves held are below the stated policy target of three months' unrestricted expenditure. The charity has no employees and relies on freelance staff and donations, with the independent examiner confirming no material uncertainties regarding going concern.

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

What the accounts disclose

Largest income source: Donations and legacies (96% of income)
“In the year to 31 December 2024, RIAC UK received gifts and donations totalling £24,187 to support its charitable objects as well as £676 in interest income and £300 in ticket sales.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months of unrestricted expenditure (held: £17k)
“The directors therefore aim to hold reserves of at least 3 months' unrestricted expenditure.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from two trustees
“During the accounting period the charity received donations from two trustees totalling £750.” — page 12
“The charity received donations totalling £15,000 from a company in which a Trustee is a senior employee.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from a company where a trustee is a senior employee
“During the accounting period the charity received donations from two trustees totalling £750.” — page 12
“The charity received donations totalling £15,000 from a company in which a Trustee is a senior employee.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from a charity with a common trustee
“During the accounting period the charity received donations from two trustees totalling £750.” — page 12
“The charity received donations totalling £15,000 from a company in which a Trustee is a senior employee.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.

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

Public fundraising profile: JustGiving — RIAC UK (matched by registered charity number).

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£25k£41k
31/12/2023£69k£37k

Common questions

Is RIAC UK financially healthy?

Per its FY2024 accounts: The accounts state that RIAC UK operated at a deficit of £15,494 for the year ended 31 December 2024, reducing its unrestricted reserves from £32,808 to £17,314. The trustees' report notes that the reserves held are below the stated policy target of three months' unrestricted expenditure. The charity has no employees and relies on freelance staff and donations, with the independent examiner confirming no material uncertainties regarding going concern. Its FY2024 accounts were independently examined.