READIBUS
Registered charity 293377 · accounts filings on the Charity Commission register
Provision of transport for elderly and disabled people within the Reading and surrounding area.
Causes: Disability · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net inflow of £14,781 for the year ended 31 March 2025, following a net outflow in the previous year. Free reserves after contracted financial commitments stood at £84,212, representing approximately 5.7% of annual turnover, which is below the Trustees' stated policy target of 12 months' normal running costs.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: at least 12 months’ normal running costs (held: £84k)
“ReadiBus’ current policy for the current year is therefore to aim for free reserves of at least 12 months’ normal running costs, at least until such time as normal operating conditions return.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Mr R Williams, a Trustee/director of ReadiBus is also a CEO of another company. During the year purchases were made from the company totalling £Nil (2024: £208).
“Mr R Williams, a Trustee/director of ReadiBus is also a CEO of another company. During the year purchases were made from the company totalling £Nil (2024: £208). There were no outstanding amounts at the year end.” — page 38
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: ReadiBus Enterprises Limited
“ReadiBus has a wholly owned non-charitable subsidiary, ReadiBus Enterprises Limited that is dormant.” — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Crowe U.K. LLP. Discloses 5 of 6 completeness components.
Structured financials (annual return, FY ending 31/03/2025)
Reported reserves equal ~0.9 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (95% 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: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).
- Dr SOPHIA BOWLBYchair
- Antony Page
- BRIAN WEDGE
- Caroline Ann Smith
- David Miller
- Dr Jacopo Lanzoni
- GUY GRANDISON
- Judith Brindley
- MOHAMMED AYUB · trustee of 1 other charity
- Michael Andrew Hornsby-Smith
- Michael Tran
- Professor Keiichi Nakata
- RICKY DUVEEN
- Robert Edward Williams
Trustee list from the Charity Commission register (current, not historical).
Operates in: Oxfordshire · Reading · West Berkshire · Wokingham
Income and spending
Common questions
Is READIBUS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net inflow of £14,781 for the year ended 31 March 2025, following a net outflow in the previous year. Free reserves after contracted financial commitments stood at £84,212, representing approximately 5.7% of annual turnover, which is below the Trustees' stated policy target of 12 months' normal running costs. Its FY2025 accounts were audited by Crowe U.K. LLP.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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Side by side with its peers
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