THE HARRY JAMES RIDDLESTON CHARITY OF LEICESTER

Registered charity 262787 · accounts filings on the Charity Commission register · also known as RIDDLESTON CHARITY

The principal aims of the charity are to make interest free loans to young people to enable them either to start in business or further their education.

Objects

The provision of grants or interest-free loans to or for the benefit of, such deserving and necessitous persons, or for such charitable educational purposes as the Trustees may in their absolute discretion select (for details, see clauses 5, 6 and 7 of the Scheme dated 16th December 1970, 27 August 2008, and 20 February 2020)

Area of benefit: NOT DEFINED

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

Causes: General Charitable Purposes · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £65,045 for the year ended 5 April 2025, driven by a loss on investments of £17,355 and charitable expenditure exceeding income. Despite this, the trustees confirm the charity is a going concern with unrestricted reserves of £1,064,645, which they consider sufficient to cover future management expenses and continue operations. The charity has paused all lending activities due to unsuccessful attempts to obtain FCA authorization.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

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.

• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Investing charity funds policy and procedures
• Investment
• Risk management
• Trustee expenses policy and procedures

Trustees · trustee networks

• PHILIP ARTHUR DODDchair
• ANIL KHANDELWAL
• CLIVE EDMUND SMITH · trustee of 3 other charities
• Courtney Nangle
• Harmeet Singh
• Helen Louise Mockler
• MR D J BROOKS
• MR S G DUXBURY · trustee of 1 other charity
• Mark Robert Measom Freer · trustee of 1 other charity

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

Operates in: Leicester City · Leicestershire · Rutland

Income and spending

Common questions