Richmond Education Foundation

Registered charity 288205 · accounts filings on the Charity Commission register · also known as THE FRIENDS OF RICHMOND COLLEGE, THE RICHMOND COLLEGE FOUNDATION, THE RICHMOND FOUNDATION

The objective of the charity is to further the education of the students of Richmond, The American International University in London Inc, by the provision of:Facilities and EquipmentRestricted and Unrestricted cash donationsScholarship, endorsements and special educational programmes

Causes: Education/training · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£327k
Latest spending
£432k
Registered
1983
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a consolidated loss of £140k for the year ended 30 June 2025, resulting in unrestricted funds being in a deficit of £59k. The Trustees note that these historical deficits will be reviewed with the intention to clear the balances, relying on the continued support of the University and the income generated by the endowment to maintain going concern.

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

What the accounts disclose

Largest income source: Investment income (100% of income)
“Investment income from the Cyril Taylor Charitable Foundation endowment was £296k” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £-59k)
“At the year-ended, the Foundation’s unrestricted reserves stood at a deficit of £59k (2024: £42k in deficit). These negative reserves will be reviewed in 2025/26 with the intention to clear the negative balances.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payments by subsidiary
“Richmond College Services paid £nil on behalf of the Foundation (2024: £nil) during the year. At the year-end, £55,042 was due to Richmond College Services (2024: £55,042 due to).” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Richmond College Services Limited
“The Foundation's commercial trading subsidiary, Richmond College Services Ltd, did not trade during the year. The loss incurred was £3,660 (2024: £190 loss).” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by PEM Audit Limited. Discloses 4 of 6 completeness components.

Corporate structure

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 30/06/2023)

Total income
£782k
Total spending
£334k
Cost of raising funds
£14k
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (61% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 1.8% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Kensington And Chelsea · Richmond Upon Thames

Income and spending

Financial year endIncomeSpending
30/06/2025£327k£432k
30/06/2024£327k£432k
30/06/2023£782k£334k
30/06/2022£214k£278k
30/06/2021£1.3m£1.8m

Common questions

Is Richmond Education Foundation financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a consolidated loss of £140k for the year ended 30 June 2025, resulting in unrestricted funds being in a deficit of £59k. The Trustees note that these historical deficits will be reviewed with the intention to clear the balances, relying on the continued support of the University and the income generated by the endowment to maintain going concern. Its FY2025 accounts were audited by PEM Audit Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
BRITISH UNIVERSITIES AND COLLEGES SPORT LIMITED1£6k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE CYRIL TAYLOR CHARITABLE FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
Richmond Education Foundation£327k—0below—no doubt
THE CYRIL TAYLOR CHARITABLE FOUNDATION FY2024£2.7m—0unclear—no doubt
Richmond Foundation FY2025£2.3m——unclear—no doubt
RICHMOND NATIONAL SCHOOLS TRUST FY2025£251k—0unclear—no doubt
The London Foundation for Banking & Finance FY2025£587k—0above—no doubt
THE RUMI FOUNDATION FY2025£8.0m—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.