RIVERSIDE CHARITABLE TRUST LIMITED
Establish, maintain and support places of education. Establish maintain and support places providing relief for sickness and infirmity and for the aged. Relieve the poverty of any person employed or formerly employed in the shoe trade. Priority given to activities in the Rossendale area.
Objects
THE RELIEF OF THE POOR, THE AGED, THE SICK AND INFIRM, AND FOR EDUCATIONAL AND OTHER CHARITABLE PUBLIC BENEFITS. (FOR DETAILS SEE CLAUSE 3 OF THE MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 5TH APRIL 1972).
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £113,650 for the year, resulting in a decrease in unrestricted funds from £1,770,777 to £1,657,127. The trustees report that resources are adequate to continue in operational existence for the foreseeable future, with cash at bank of £24,772 and total investments valued at £1,637,095.
What the accounts disclose
“It is the Charity's policy to hold reserves to cover any unforeseen losses that may arise and also cover any potential down fall in the process of its investments.” — page 5
“During the year the Charity made a donation of £1,000 (2024 - £1,000) to Bacup Cricket Club junior section. Mr B J Lynch is a trustee director and is connected to Bacup Cricket Club as a result of being a trustee of the club.” — page 19
“During the year the Charity made a donation of £300 (2024 - £300) to Rossendale Scouts group (45th). Mr N Green is connected to Rossendale Scouts group (45th).” — page 19
“During the year the Charity made a donation of £1,000 (2024 - £1,000) to Bacup Cricket Club junior section. Mr B J Lynch is a trustee director and is connected to Bacup Cricket Club as a result of being a trustee of the club.” — page 19
“During the year the Charity made a donation of £300 (2024 - £300) to Rossendale Scouts group (45th). Mr N Green is connected to Rossendale Scouts group (45th).” — page 19
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 05/04/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2023
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 2 were received after the due date: year ending 05/04/2025 (received 24/04/2026, 78 days after the 05/02/2026 due date); year ending 05/04/2023 (received 01/03/2024, 25 days after the 05/02/2024 due date).
Trustees
- BARRY JOHN LYNCHchair
- ANGELA O'GORMAN
- BRIAN TERRY
- IAN BARRY DEARING
- MARK BUTTERWORTH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £46k | £115k |
| 05/04/2024 | £56k | £114k |
| 05/04/2023 | £35k | £103k |
| 05/04/2022 | £31k | £112k |
| 05/04/2021 | £38k | £113k |
Common questions
Is RIVERSIDE CHARITABLE TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £113,650 for the year, resulting in a decrease in unrestricted funds from £1,770,777 to £1,657,127. The trustees report that resources are adequate to continue in operational existence for the foreseeable future, with cash at bank of £24,772 and total investments valued at £1,637,095. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ACCESS TO JUSTICE FOUNDATION | 1 | £298k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST AND ST JOHN WITH ST LUKE, ISLE OF DOGS | 1 | £5k |
Charities like this
- RIVERSIDE CHURCH
- RIVERSIDE CHRISTIAN CENTRE
- RIVERSIDE ADVICE LTD
- RIVERSIDE FOUNDATION
- RIVERSIDE ESTUARY LIMITED
- RIVERSIDE CHURCH TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RIVERSIDE CHARITABLE TRUST LIMITED | £46k | — | 0 | unclear | — | no doubt |
| RIVERSIDE CHURCH | £547k | — | 0 | unclear | — | no doubt |
| RIVERSIDE CHRISTIAN CENTRE | £305k | £44,857 | 0 | unclear | — | no doubt |
| RIVERSIDE ADVICE LTD | £539k | — | 0 | below | — | no doubt |
| RIVERSIDE FOUNDATION | £2.5m | — | — | above | — | no doubt |
| RIVERSIDE ESTUARY LIMITED | £5.5m | — | 0 | unclear | — | no doubt |