Finance Score: 8
Governance Score: 6
Support Score: 3
  • Liabilities <10%: +3
  • Strong growth: +2
  • Fundraising costs low: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Overall weighted support: +3
Overall GiG Score: 17 ?

RIVERSIDE FOUNDATION

Promotes any charitable purposes within and around England, Wales and Scotland with emphasis on such parts of the areas where the charity The Riverside Group Ltd has provided housing accommodation.
Analysis by Giving is Great

Positives:

  • The charity has received backing from a grant maker recently
  • This charity has a robust balance sheet
  • There has been strong growth in spending over the last 5 years
  • Fundraising costs are unusually low relative to funds raised
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return
  • Over half the Board have joined recently

Financial issues to consider:

  • Liquidity appeared to be in excess of CC guidelines at the latest year end but this has been generated by an income surplus in the latest year and spending has been increasing rapidly

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£3,264£1,466£1,798£24£2,272£2,27218.600
31/03/22£87£22£65n/an/an/an/an/an/a
31/03/21£95£46£48n/an/an/an/an/an/a
31/03/20£66£1,437£-1,371n/an/an/an/an/an/a
31/03/19£989£60£929£0£1,595£1,595318.600
31/03/18£64£441£-377n/an/an/an/an/an/a
31/03/17£84£208£-124n/an/an/an/an/an/a
31/03/16£129£717£-588n/an/an/an/an/an/a
31/03/15£131£281£-150n/an/an/an/an/an/a
31/03/14£132£35£97n/an/an/an/an/an/a
31/03/13£99£121£-22n/an/an/an/an/an/a
31/03/12£74£91£-17n/an/an/an/an/an/a
31/03/11£75£0£74n/an/an/an/an/an/a
31/03/10£79£30£49n/an/an/an/an/an/a
31/03/09£98£60£38n/an/an/an/an/an/a
31/03/08£94£85£9n/an/an/an/an/an/a
31/03/07£80£57£22n/an/an/an/an/an/a
31/03/06£75£10£65n/an/an/an/an/an/a
31/03/05£67£10£57n/an/an/an/an/an/a
31/03/04£67£146£-78n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 0.7%
Fundraising Costs/Total Spending: 1.7%
Highest pay band: Less than £60,000
Liabilities/Assets: 4%
Liabilities/Income: 3%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 18.6 months
Net Current Assets/Spending: 11 months
Quick Ratio: 16.4
Asset Split ?
Balance Sheet History
Established: 42 years

www.riverside.org.uk/riversidefoundation

foundation@riverside.org.uk

07970627731

Charity Commission for England and WalesFacebookX
UN SDGs
?
Listed activities
  • Amateur Sport
  • Education/Training
  • Environment/Conservation/Heritage
  • General Charitable Purposes
  • Other Charitable Purposes
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Other facilities management and maintenance
How it operates
  • Makes grants to organisations
Where it operates
  • Scotland, Throughout England And Wales,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • People Of A Particular Ethnic Or Racial Origin
  • People With Disabilities

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months
To be used for
Greater London Authority - Street Buddies
£124,417 20/10/2022
Revenue funding to deliver a peer-led outreach service to support long-term rough sleepers to engage with services and into accomodation.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)
Current Trustees appointed
Gender Split
Based on 5/6 persons

  • CAMERON GEORGE DOUGHERTY Appointed: 2020
  • DR CATHERINE MARY LEE Appointed: 2022
  • GLENN GARRETT Appointed: 2022
  • HAZEL JOANNA WADDINGTON (Chair) Appointed: 2024
  • JEHAN WEERASINGHE Appointed: 2023
  • SANDRA MURRAY Appointed: 2022
Legal constitution
  • Charity registered in England & Wales on 30/03/1983, number: 513727
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Risk management
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Filing Record
20 returns made; all on time
Main office

THE RIVERSIDE GROUP LTD
2 ESTUARY BOULEVARD
SPEKE
LIVERPOOL
L24 8RF

Objectives

TO PROMOTE ANY CHARITABLE PURPOSE WITHIN AND AROUND THE AREAS WHERE THE RIVERSIDE GROUP LIMITED (A COMMUNITY BENEFIT SOCIETY WITH REGISTERED NUMBER 30938R) OR ITS SUCCESSOR IN TITLE (TRGL) AND EACH SUBSIDIARY OF TRGL, ANY BODY CORPORATE OF WHICH TRGL IS A SUBSIDIARY AND ANY SUBSIDIARY OF SUCH BODY CORPORATE THAT IS A CHARITABLE HOUSING PROVIDER (FOR THIS PURPOSE “SUBSIDIARY” HAS THE MEANING WITHIN THE CO-OPERATIVE AND COMMUNITY BENEFIT SOCIETIES ACT 2014 AND/OR THE COMPANIES ACT 2006) HAS PROVIDED HOUSING ACCOMMODATION AND OTHER SERVICES (THE AREA OF BENEFIT) AND IN PARTICULAR CHARITABLE PURPOSES DIRECTED TO THE ADVANCEMENT OF EDUCATION, THE PREVENTION OF ILL HEALTH, THE RELIEF OF POVERTY, DISTRESS AND SICKNESS AND IN PARTICULAR POVERTY, DISTRESS AND SICKNESS OCCASIONED BY UNEMPLOYMENT AND TO CHARITABLE PURPOSES CONNECTED WITH THE ENVIRONMENT, THE ADVANCEMENT OF ARTS AND THE PROVISION IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE TIME OCCUPATION WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE INHABITANTS OF THE AREA OF BENEFIT AND IN FURTHERANCE OF THE FOREGOING OBJECTS (BUT NOT FURTHER OR OTHERWISE).

Data Sources

Charity Commission for England and Wales
360 Giving

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