RIVERSIDE FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity made a loss of £1,221,841 for the year ended 31 March 2025, compared to a surplus in the prior year. Total funds decreased to £1,714,755, with unrestricted reserves of £767,794 remaining well above the stated policy target of £25,000. The trustees confirm the charity has adequate resources to continue as a going concern.
What the accounts disclose
“The reserve policy states that The Riverside Foundation will always keep a reserve of £25,000 to cover shut down costs.” — page 9
“During the year the Charity received £1,859,500 (2024: £3,250,000) in donations from TRGL with no conditions attached.” — page 30
“During the year the Charity paid £2,425,488 (2024: £2,344,676) in grants to TRGL, in line with the charitable objectives.” — page 30
“During the year the Charity received £1,859,500 (2024: £3,250,000) in donations from TRGL with no conditions attached.” — page 30
“During the year the Charity paid £2,425,488 (2024: £2,344,676) in grants to TRGL, in line with the charitable objectives.” — page 30
“During the year the Charity received £1,859,500 (2024: £3,250,000) in donations from TRGL with no conditions attached.” — page 30
“During the year the Charity paid £2,425,488 (2024: £2,344,676) in grants to TRGL, in line with the charitable objectives.” — page 30
“During the year the Charity received £1,859,500 (2024: £3,250,000) in donations from TRGL with no conditions attached.” — page 30
“During the year the Charity paid £2,425,488 (2024: £2,344,676) in grants to TRGL, in line with the charitable objectives.” — page 30
“During the year the Charity received £1,859,500 (2024: £3,250,000) in donations from TRGL with no conditions attached.” — page 30
“During the year the Charity paid £2,425,488 (2024: £2,344,676) in grants to TRGL, in line with the charitable objectives.” — page 30
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Hazel Joanna Waddingtonchair
- Alison Margaret Stock-Caldwell
- Dr Catherine Mary Lee
- Glenn Garrett
- Janine Harries
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.0m | £3.3m |
| 31/03/2024 | £3.4m | £2.7m |
| 31/03/2023 | £3.3m | £1.5m |
| 31/03/2022 | £87k | £22k |
| 31/03/2021 | £95k | £46k |
Common questions
Is RIVERSIDE FOUNDATION financially healthy?
The accounts state that the charity made a loss of £1,221,841 for the year ended 31 March 2025, compared to a surplus in the prior year. Total funds decreased to £1,714,755, with unrestricted reserves of £767,794 remaining well above the stated policy target of £25,000. The trustees confirm the charity has adequate resources to continue as a going concern. Its FY2025 accounts were audited by BDO LLP.