THE RIO CENTRE (DALSTON) LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £119,038 for the year, resulting in total funds decreasing to £91,978. The trustees note that the charity has not been in a position to maintain full reserves throughout the period due to significant financial challenges, including reduced attendance and increased costs. Despite these pressures, the auditors confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“With the significant challenges faced in 2024/25, the Charity has not been in a position to maintain full reserves throughout the period.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Anna Beatrice Skrein
- Anna Clark
- Corrina Antrobus
- Fiona Johnston
- George Binette
- Oliver George Zeffman
- Roderick Kirwan
- Sarah Chorley
- Selina Helen Manwaring Robertson
- Vanesa Lobon-Garcia
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.0m | £1.2m |
| 31/03/2024 | £1.1m | £1.3m |
| 31/03/2023 | £936k | £968k |
| 31/03/2022 | £1.0m | £935k |
| 31/03/2021 | £554k | £597k |
Common questions
Is THE RIO CENTRE (DALSTON) LIMITED financially healthy?
The accounts state that the charity reported a net expenditure of £119,038 for the year, resulting in total funds decreasing to £91,978. The trustees note that the charity has not been in a position to maintain full reserves throughout the period due to significant financial challenges, including reduced attendance and increased costs. Despite these pressures, the auditors confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Ark Accountancy Limited.