Finance Score: 3

Governance Score: 4

Support Score: 2

Liabilities <10%: +3

12+ Trustees: -1
Good trustee age range: +3
Dynamic board: +3
Mainly male board: -1

Grant maker support: +2

Overall GiG Score: 9

READIBUS

Provision of transport for elderly and disabled people within the Reading and surrounding area.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There have been no material income shortfalls in recent years
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

There are 16 trustees whereas the Charities Commission recommends a maximum of 12
The Board is predominantly male

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23	£1,019	£964	£54	£0	£1,036	£997	12.4	43	10
31/03/22	£1,070	£920	£150	£0	£982	£942	12.3	45	10
31/03/21	£1,235	£982	£252	£0	£832	£817	10	50	20
31/03/20	£1,184	£1,193	£-9	£0	£367	£356	3.6	57	35
31/03/19	£1,519	£1,464	£54	£0	£577	£571	4.7	65	35
31/03/18	£1,163	£1,218	£-55	£0	£523	£516	5.1	63	0
31/03/17	£1,291	£1,223	£69	£0	£579	£526	5.2	67	0
31/03/16	£1,255	£1,279	£-24	£0	£510	£469	4.4	71	0
31/03/15	£1,298	£1,290	£8	£21	£534	£503	4.7	40	0
31/03/14	£1,246	£1,297	£-51	£20	£526	£503	4.7	39	0
31/03/13	£1,319	£1,262	£57	£20	£577	£542	5.1	39	0
31/03/12	£1,262	£1,179	£83	£19	£520	£484	4.9	39	0
31/03/11	£1,211	£1,193	£18	£36	£438	£436	4.4	39	0
31/03/10	£1,206	£1,204	£2	£35	£420	£395	3.9	39	0
31/03/09	£1,152	£1,184	£-32	£40	£418	£418	4.2	39	0
31/03/08	£1,103	£1,161	£-58	£31	£449	£449	4.6	39	0
31/03/07	£1,142	£1,045	£96	£29	£508	£508	5.8	35	0
31/03/06	£1,038	£1,011	£28	£0	£0	£0	n/a	0	0
31/03/05	£993	£972	£22	£0	£0	£0	n/a	0	0
31/03/04	£1,006	£907	£99	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 6%
Liabilities/Income: 7%
Unrestricted Funds/Total Funds: 96%
Reserves/Spending: 12.4 months
Net Current Assets/Spending: 12 months
Quick Ratio: 12.8

Asset Split ?

Established: 38 years

www.readibus.co.uk

info@readibus.co.uk

01189313406

Charity Commission for England and Wales

Listed activities

Disability

GiG Classification

Transportation and storage activities

How it operates

Provides services

Where it operates

Oxfordshire, Reading, West Berkshire, Wokingham,

Who it helps

Elderly/Old People
People With Disabilities

Who works here?

43 employees
10 volunteers

Amount	When Months	To be used for
Department for Transport - Bus Service Operators Grant Eng Comm Transport 20/21
£9,938	01/04/2020	The Local Authority Bus Subsidy Ring-Fenced (Revenue) Grant is paid by the Department for Transport to local authorities in place of the Bus Services Operators Grant previously paid to bus operators ....more The Local Authority Bus Subsidy Ring-Fenced (Revenue) Grant is paid by the Department for Transport to local authorities in place of the Bus Services Operators Grant previously paid to bus operators for running services under tender to local authorities.
Department for Transport - Bus Service Operators Grant Eng Comm Transport 20/21
£10,489	01/04/2020	The Local Authority Bus Subsidy Ring-Fenced (Revenue) Grant is paid by the Department for Transport to local authorities in place of the Bus Services Operators Grant previously paid to bus operators ....more The Local Authority Bus Subsidy Ring-Fenced (Revenue) Grant is paid by the Department for Transport to local authorities in place of the Bus Services Operators Grant previously paid to bus operators for running services under tender to local authorities.
National Lottery Community Fund - Building confidenct/increasing life chances for Readibus user volunteers
£10,000	04/10/2012 12	This is a project by an incorporated charity in Reading. The organisation will use the funding to install toilet facilities which are appropriate for Mobility Impaired Persons. This will enable them ....more This is a project by an incorporated charity in Reading. The organisation will use the funding to install toilet facilities which are appropriate for Mobility Impaired Persons. This will enable them to recruit new volunteers, who at present prohibited from volunteering with the organisation because of lack of facilities.

Amount

When
Months

To be used for

Department for Transport - Bus Service Operators Grant Eng Comm Transport 20/21

£9,938

01/04/2020

The Local Authority Bus Subsidy Ring-Fenced (Revenue) Grant is paid by the Department for Transport to local authorities in place of the Bus Services Operators Grant previously paid to bus operators ....more

Department for Transport - Bus Service Operators Grant Eng Comm Transport 20/21

£10,489

01/04/2020

National Lottery Community Fund - Building confidenct/increasing life chances for Readibus user volunteers

£10,000

04/10/2012
12

This is a project by an incorporated charity in Reading. The organisation will use the funding to install toilet facilities which are appropriate for Mobility Impaired Persons. This will enable them ....more

READIBUS

Analysis by Giving is Great

Positives:

Regulatory & Governance issues to consider:

Financial Data ?

Income & Spending ?

Sources of Income ?

Financial Ratios

Asset Split ?

UN SDGs

Listed activities

GiG Classification

How it operates

Where it operates

Who it helps

Who works here?

Who's supporting them? ?

Donations from Grant Makers ?

Specific Donations

How is it governed?

Trustees (16)

Current Trustees appointed

Gender Split

Age Range of Trustees: 35-91

Legal constitution

Gift Aid

Policies in force

Filing Record

Main office

Objectives

Defined Area of Benefit:

Data Sources

Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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