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THE CLIVE RICHARDS FOUNDATION

Registered charity 327155 · accounts filings on the Charity Commission register · also known as THE CLIVE AND SYLVIA RICHARDS CHARITY LIMITED, THE CLIVE RICHARDS CHARITY

Latest income
£867k
Latest spending
£852k
Registered
1986
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £2,629,900, a slight decrease from the previous year's £2,639,538. The charity reported a net income before investment gains of £14,789, driven by £866,894 in incoming resources against £852,105 in expenditure. The trustees confirm the charity is a going concern with assured long-term financial future based on provisions in WSC Richards' will.

What the accounts disclose

Reserves policy: sufficient reserves to support its funding commitments, as approved by the Trustees. The level of reserves is determined by the annual grant-making programme. (held: £2.6m)
“The Foundation's policy is to hold sufficient reserves to support its funding commitments, as approved by the Trustees. The level of reserves is determined by the annual grant-making programme.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Management fee paid to Lower Hope Investments Ltd, a company 100% controlled by SA Richards.
“During the year the Foundation incurred a management fee of £60,000 (2024: £60,000) from Lower Hope Investments Ltd. The management fee is calculated to cover the cost of staff and administration provided. Lower Hope Investments Ltd is a company 100% controlled by SA Richards and the executors of WSC Richards.” — page 25
“SA Richards and the estate of WSC Richards donated £536,666 (2024: £775,771) to the charity in the year to 31 March 2025 including amounts from other entities they control.” — page 25
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from SA Richards and the estate of WSC Richards.
“During the year the Foundation incurred a management fee of £60,000 (2024: £60,000) from Lower Hope Investments Ltd. The management fee is calculated to cover the cost of staff and administration provided. Lower Hope Investments Ltd is a company 100% controlled by SA Richards and the executors of WSC Richards.” — page 25
“SA Richards and the estate of WSC Richards donated £536,666 (2024: £775,771) to the charity in the year to 31 March 2025 including amounts from other entities they control.” — page 25
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Outstanding grant balance owed to Coventry University project involving trustee Professor L Deutsch.
“During the year the Foundation incurred a management fee of £60,000 (2024: £60,000) from Lower Hope Investments Ltd. The management fee is calculated to cover the cost of staff and administration provided. Lower Hope Investments Ltd is a company 100% controlled by SA Richards and the executors of WSC Richards.” — page 25
“SA Richards and the estate of WSC Richards donated £536,666 (2024: £775,771) to the charity in the year to 31 March 2025 including amounts from other entities they control.” — page 25
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant paid to Bishop Vesey Grammar School, connected to trustees D Iddon and P Dines.
“During the year the Foundation incurred a management fee of £60,000 (2024: £60,000) from Lower Hope Investments Ltd. The management fee is calculated to cover the cost of staff and administration provided. Lower Hope Investments Ltd is a company 100% controlled by SA Richards and the executors of WSC Richards.” — page 25
“SA Richards and the estate of WSC Richards donated £536,666 (2024: £775,771) to the charity in the year to 31 March 2025 including amounts from other entities they control.” — page 25
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by The Hutchinson Partnership Limited trading as The Hutchinson Partnership.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£867k
Total spending
£852k
Reserves (reported)
£2.6m
Employees
0

Reported reserves equal ~37.0 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Herefordshire

Income and spending

Financial year endIncomeSpending
31/03/2025£867k£852k
31/03/2024£1.1m£510k
31/03/2023£1.8m£1.1m
31/03/2022£451k£227k
31/03/2021£426k£656k

Common questions

Is THE CLIVE RICHARDS FOUNDATION financially healthy?

The accounts state that unrestricted reserves stood at £2,629,900, a slight decrease from the previous year's £2,639,538. The charity reported a net income before investment gains of £14,789, driven by £866,894 in incoming resources against £852,105 in expenditure. The trustees confirm the charity is a going concern with assured long-term financial future based on provisions in WSC Richards' will. Its FY2025 accounts were audited by The Hutchinson Partnership Limited trading as The Hutchinson Partnership.

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
THE TOMLINSON FAMILY CHARITABLE TRUST1£225k
JEREMY ALEXANDER SETTLEMENT1£119k
THE JORDAN CHARITABLE FOUNDATION1£20k
The Brindle Foundation1£14k
DAVID FORBES-NIXON FAMILY CHARITABLE FOUNDATION1£9k

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