RIVERSIDE ARTS CENTRE LIMITED
The charities objects are to foster and promote the maintenance, improvement and development of artistic taste and knowledge, understanding and appreciation of the arts among the inhabitants of Spelthorne. The main objective of the charity is to continue to successfully operate and manage the Riverside Arts Centre premises.
Objects
TO FOSTER AND PROMOTE THE MAINTENANCE, IMPROVEMENT AND DEVELOPMENT OF ARTISTIC TASTE AND THE KNOWLEDGE UNDERSTANDING AND APPRECIATION OF THE ARTS AMONG THE INHABITANTS OF SPELTHORNE. (FOR FURTHER DETAILS SEE MEMORANDUM OF ASSOCIATION).
Financial health, per its FY2026 accounts
The accounts state that the charity reported a negative surplus of £6,538 for the year ended 31st March 2026, primarily due to a £35,000 sound system upgrade and increased utility costs. Despite this deficit, the unrestricted reserves stand at £116,494, which is above the stated minimum policy target of £70,000. The trustees confirm the company has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The total income this year was £77,337 compared to £83,792 last year, £52,646 of this was in room, piano and studio rent”
“the Directors have determined that it is prudent to maintain reserves, of a minimum of £70,000, to enable the Company to meet its obligations in maintaining the premises leased from the Spelthorne Borough Council in tenantabie condition and repair” — page 11
“Spelthorne Borough Council provides essential sponsorship and support by providing our main premises on a 21-year lease, for which we express our gratitude.” — page 3
“The Riverside Arts Centre Club was established, with common membership, to operate the bar at the Riverside Arts Centre. The Committee of the RAC Club has undertaken to donate its profits to the charity.” — page 3
“Spelthorne Borough Council provides essential sponsorship and support by providing our main premises on a 21-year lease, for which we express our gratitude.” — page 3
“The Riverside Arts Centre Club was established, with common membership, to operate the bar at the Riverside Arts Centre. The Committee of the RAC Club has undertaken to donate its profits to the charity.” — page 3
Policies the charity declares
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2026
- Volunteers: 10
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 10
- Government income: £700 — grants £700 (1); under 1% of the £83,012 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 10
Property (HM Land Registry)
Register events
- Received assets from another charity (10/12/2021)
Trustees
- James Kenneth Ford-Bannisterchair
- Catherine Rosemary Black
- ERIC JOHN CHAMPION
- Marian Richards
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £77k | £84k |
| 31/03/2025 | £83k | £65k |
| 31/03/2024 | £83k | £63k |
| 31/03/2023 | £64k | £57k |
| 31/03/2022 | £58k | £47k |
Common questions
Is RIVERSIDE ARTS CENTRE LIMITED financially healthy?
Per its FY2026 accounts: The accounts state that the charity reported a negative surplus of £6,538 for the year ended 31st March 2026, primarily due to a £35,000 sound system upgrade and increased utility costs. Despite this deficit, the unrestricted reserves stand at £116,494, which is above the stated minimum policy target of £70,000. The trustees confirm the company has adequate resources to continue in operational existence for the foreseeable future. Its FY2026 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 12/11/2004 | £5k | Lift installation |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JOHN JAMES BRISTOL FOUNDATION | 1 | £30k |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £6k |
| THE FENTON ARTS TRUST | 1 | £5k |
Charities like this
- PETHERTON ARTS TRUST LIMITED
- SPIKE ISLAND ARTSPACE LIMITED
- DARTFORD ARTS CENTRE
- RIVERSIDE CHRISTIAN CENTRE
- RIVERSIDE ESTUARY LIMITED
- HODDESDON (COMMUNITY) SOCIETY OF PERFORMING ARTS LTD.
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RIVERSIDE ARTS CENTRE LIMITED | £77k | — | 0 | unclear | — | no doubt |
| PETHERTON ARTS TRUST LIMITED | £153k | — | 0 | above | — | noted |
| SPIKE ISLAND ARTSPACE LIMITED | £1.5m | — | 0 | unclear | — | no doubt |
| DARTFORD ARTS CENTRE | £645k | — | 0 | unclear | — | no doubt |
| RIVERSIDE CHRISTIAN CENTRE | £305k | £44,857 | 0 | unclear | — | no doubt |
| RIVERSIDE ESTUARY LIMITED | £5.5m | — | 0 | unclear | — | no doubt |