Overall GiG Score: 18 ?
Finance Score: 4
Governance Score: 9
Support Score: 5
  • Liabilities <10%: +3
  • Deficit latest year: -2
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +5

RICE - THE RESEARCH INSTITUTE FOR THE CARE OF OLDER PEOPLE 

RICE ACTIVELY WORKS TO ADVANCE RESEARCH INTO AGE RELATED DISORDERS AND TO IMPROVE THE ON GOING CARE OF PEOPLE DIAGNOSED WITH CONDITIONS SUCH AS ALZHEIMER'S DISEASE. RICE RUNS MEMORY CLINICS, SUPPORTS CARERS AND HAS A WIDER EDUCATIONAL ROLE HIGHLIGHTING THE IMPORTANCE OF EARLY ASSESSMENT, TREATMENT POSSIBILITIES AND OTHER HELP AVAILABLE. RICE COLLABORATES LOCALLY, NATIONALLY AND INTERNATIONALLY.
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • There have been no material income shortfalls in recent years
  • Fundraising costs are low relative to funds raised
  • 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 gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • Over half the Board have joined recently

Financial issues to consider:

  • Income was lower than spending in the latest year
Established: 29 years

www.rice.org.uk

info@rice.org.uk

01225476420

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?

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
31/12/22£828£945£-117£62£1,912£5827.4143
31/12/21£858£784£74£48£2,028£69310.6123
31/12/20£807£799£7£65£1,954£5778.7144
31/12/19£1,037£1,096£-59£81£1,947£5315.81618
31/12/18£957£1,023£-66£96£1,968£4785.61818
31/12/17£757£993£-235£74£2,057£6848.3170
31/12/16*£984£983£1£62£2,269£8109.9160
31/12/15£942£913£29£90£2,201£6588.7170
31/12/14£831£744£87£46£2,172£72611.7160
31/12/13*£948£677£271£20£2,085£60610.7170
31/12/12£578£636£-59£34£1,815£4568.6130
31/12/11£540£656£-116£43£1,874£4828.8130
31/12/10£583£643£-61£42£1,989£56710.6130
31/12/09£627£655£-28£42£2,050£57110.5130
31/12/08£717£592£125£46£2,030£51310.4160
31/12/07£1,494£551£943£2£1,967£4239.2130
31/12/06£682£471£211£0£0£0n/a00
31/12/05£339£451£-112£0£0£0n/a00
31/12/04£402£508£-107£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 9.6%
Fundraising Costs/Total Spending: 6.6%
Highest pay band: Less than £60,000
Liabilities/Assets: 4%
Liabilities/Income: 10%
Unrestricted Funds/Total Funds: 30%
Reserves/Spending: 7.4 months
Net Current Assets/Spending: 9 months
Quick Ratio: 4.2
Asset Split ?
What it does
  • The Advancement Of Health Or Saving Of Lives
Who works here?
  • 14 employees
  • 3 volunteers
Who it helps
  • Elderly/Old People
How it operates
  • Provides advocacy/advice/information
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Throughout England And Wales,

Who's supporting them? ?

Donations from Grant Makers ?

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

Major supporters in last 5 years
Garfield Weston Foundation£130,000
National Lottery Community Fund£20,000
Quartet Community Foundation£5,000
Specific Donations
Amount When
Months
To be used for
Garfield Weston Foundation - Main Grants award
£30,000 03/06/2022
RICE Growth
National Lottery Community Fund - Supporting good mental health for people with dementia
£10,000 29/04/2022
The funding will be used to update their leaflets and online education resources for people with neurological conditions including dementia. This will enable them to support more service users many ....more
Garfield Weston Foundation - Main Grants award
£50,000 09/10/2020
Main Grants award
Quartet Community Foundation - Grant to RICE; Research Institute for the Care of Elderly People
£5,000 11/06/2020
To provide phone support for people who have diagnosed or suspected dementia that attend the group's memory clinic to check they are not feeling isolated or lonely during lockdown.
National Lottery Community Fund - Running RICE during COVID-19
£10,000 30/04/2020
4
The funding will be used to run a telephone clinic to support people with dementia in Bath and North East Somerset. For individuals with memory problems COVID-19 presents an additional problem of ....more
Garfield Weston Foundation - Main Grants award
£50,000 29/05/2019
RICE Core costs 2019 - 20
Masonic Trust - Core funding
£2,966 20/07/2016
Research to advance the knowledge and treatment of conditions affecting older people, including Alzheimer's disease and other forms of dementia.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)
Current Trustees appointed
Gender Split

Age Range of Trustees: 43-72
Legal constitution
  • Charitable company registered in England & Wales on 02/12/1994, number: 1042559
  • Registered at Companies House on 17/10/1994, number: 02979617
Gift Aid
  • Registered with HMRC for Gift Aid
Other Regulators
  • Care Quality Commission
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
19 returns made; AR16: 30 days late, AR13: 24 days late,
Recent reorganisation events:
  • Asset transfer in from BATH AND NORTH EAST SOMERSET DEMENTIA ACTION ALLIANCE on 13/03/2024
Main office

The RICE Centre
Royal United Hospital
Combe Park
BATH
BA1 3NG

Objectives

3.1 THE OBJECTS OF THE CHARITY ARE FOR THE PUBLIC BENEFIT TO RELIEVE SICKNESS AND TO PROMOTE AND ADVANCE MEDICAL KNOWLEDGE IN PARTICULAR WITHOUT LIMITATION BY REFERENCE TO ALL ASPECTS OF THE CARE OF OLDER PEOPLE AND TO UNDERTAKE RESEARCH IN RELATION THERETO AND TO PUBLISH THE USEFUL RESULTS OF SUCH RESEARCH (THE “OBJECTS”).3.2 THIS ARTICLE 3 MAY BE AMENDED BY SPECIAL RESOLUTION BUT ONLY WITH THE PRIOR WRITTEN CONSENT OF THE COMMISSION

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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