THE RICHMOND PROJECT
The object of the CIO is to advance such exclusively charitable purposes (according to thelaw of England and Wales) for the public benefit as the charity trustees from time to time in their absolutediscretion think fit.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £43,000 for the period ended 31 December 2025, with total unrestricted reserves of £43,000. Per the trustees' report, these free reserves are below the stated policy target range of £190,000 to £380,000, a position attributed to the charity's start-up phase.
What the accounts disclose
“Income for the period totalled £516,600. Our income in this period is from donations” — page 9
“As at the balance sheet date, free reserves were therefore below the Trustees’ target range.” — page 9
“During the year, the charity received unconditional and unrestricted donations of £516,471 from trustees and related parties. None of the trustees (or any persons connected with them) received any remuneration, reimbursement for expenses, or benefits from the charity during the year.” — page 23
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Akshata Narayan Murty
- Eleanor Joan Georgina Shawcross
- Elizabeth Perelman
- Rishi Sunak
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £517k | £474k |
Common questions
Is THE RICHMOND PROJECT financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £43,000 for the period ended 31 December 2025, with total unrestricted reserves of £43,000. Per the trustees' report, these free reserves are below the stated policy target range of £190,000 to £380,000, a position attributed to the charity's start-up phase. Its FY2025 accounts were audited by Price Bailey LLP.