Finance Score: -3

Governance Score: 9

Support Score: 3

Poor Liquidity: -1
Good Reserves: +1Strong growth: +2
Fundraising costs high: -5

Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Overall weighted support: +3

Overall GiG Score: 9

LEICESTER RIDERS FOUNDATION

The Foundation delivers programmes around both basketball and a wider social agenda in Leicester and Leicestershire. These programmes are delivered in partnership with private, public and third sector. The programmes cover a wide scope of activity, including including basketball participation, player pathway , working with disability, education related, healthy living and social inclusion

Analysis by Giving is Great

Positives:

The charity has received modest backing from a grant maker recently
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial issues to consider:

Liquidity appears to have been slender at the latest year end but unrestricted reserves are available
There has been a change of accounting period recently, so trends may be hard to determine
Fundraising costs are extremely high relative to funds raised

Financial Data ?

Income & Spending ?

N.B. data has been adjusted to reflect year end change

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
30/11/22?	*	£3,426	£3,004	£422	£2,081	£3,739	£3,652	14.6	45	30
31/05/21		£431	£395	£36	n/a	n/a	n/a	n/a	n/a	n/a
31/05/20		£1,284	£1,543	£-259	£1,105	£3,380	£3,380	26.3	59	15
31/05/19		£1,224	£1,321	£-97	£953	£3,659	£3,659	33.2	67	15
31/05/18		£373	£359	£13	n/a	n/a	n/a	n/a	n/a	n/a
31/05/17		£332	£282	£50	n/a	n/a	n/a	n/a	n/a	n/a
31/05/16	*	£293	£299	£-6	n/a	n/a	n/a	n/a	n/a	n/a

Show more rows -->

Show financials table -->

Download accounts

Financial Ratios

Fundraising Costs/Relevant Income: 135.4%
Fundraising Costs/Total Spending: 69.3%
Highest pay band: Less than £60,000
Liabilities/Assets: 50%
Liabilities/Income: 161%
Unrestricted Funds/Total Funds: 98%
Reserves/Spending: 14.6 months
Net Current Assets/Spending: -8 months
Quick Ratio: 0.1

Asset Split ?

Balance Sheet History

Established: 9 years

http://www.leicesterriders.co.uk/community/

info@leicesterriders.co.uk

07515117895

Charity Commission for England and Wales

Listed activities

Amateur Sport
Disability
General Charitable Purposes
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Philanthropic intermediaries and voluntarism promotion

How it operates

Provides services

Where it operates

Leicester City, Leicestershire,

Who it helps

Children/Young People
People Of A Particular Ethnic Or Racial Origin
People With Disabilities

Who supports 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

BBC Children in Need	£29,900
Sport England	£10,000
National Lottery Community Fund	£10,000

Specific Donations

Amount	When Months	To be used for
BBC Children in Need - Grant to Leicester Riders Foundation
£500	20/10/2022 0	‘Cost of Living uplift: £500 to help projects meet their rising costs and respond to increased demand 31/10/2022’
Sport England - COVID-19 CEF
£10,000	01/06/2020 4	Funding under Sport England's COVID-19 Community Emergency Fund funding programme for a Revenue project titled COVID-19 CEF. This project lists its main activity as Sport participation and capacity ....more Funding under Sport England's COVID-19 Community Emergency Fund funding programme for a Revenue project titled COVID-19 CEF. This project lists its main activity as Sport participation and capacity building
National Lottery Community Fund - Active Ageing
£10,000	03/02/2020 11	The group will use the funding to provide gentle physical activities for older people. This will reduce social isolation and improve community engagement.
BBC Children in Need - Grant to Leicester Riders Foundation
£29,400	19/11/2019 36	This project will provide weekly multi sports activities for disabled children and young people in Leicester. Outcomes include improved health and wellbeing, improved motor skills and the opportunity ....more This project will provide weekly multi sports activities for disabled children and young people in Leicester. Outcomes include improved health and wellbeing, improved motor skills and the opportunity to make new friends.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)

Current Trustees appointed

Gender Split

Age Range of Trustees: 45-73

DAVID GLOVER Appointed: 2018, Occupation: Company Director

DEBORAH DONNARUMMA Appointed: 2022, Occupation: Vice Principal

LEANNE HATHAWAY Appointed: 2022, Occupation: Solicitor

MARK ELLIS Appointed: 2015, Occupation: Company Director

MR KEVIN TIMOTHY ROUTLEDGE Appointed: 2014, Occupation: Director

SIMON WINFIELD Appointed: 2015, Occupation: Trustee

STEVEN MUGGLESTONE BA FCA Appointed: 2019, Occupation: Chartered Accountant

TRACEY SARAH HALLAM Appointed: 2021, Occupation: Charity Worker

Legal constitution

Charitable company registered in England & Wales on 12/05/2015, number: 1161638
Registered at Companies House on 27/06/2014, number: 09106604

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

7 returns made; AR22: 93 days late, AR16: 178 days late,

Main office

156 VICTORIA PARK ROAD
LEICESTER
LE2 1XD

Objectives

1. TO PROMOTE COMMUNITY PARTICIPATION IN SPORT AND RECREATION BY THE PROVISION OF SERVICES AND FACILITIES TO IMPROVE PEOPLE’S HEALTH2. TO FURTHER OR BENEFIT PEOPLE WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING TOGETHER THE PEOPLE AND ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE TIME OCCUPATION WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE OF THOSE PEOPLE.3. FOR THE PUBLIC BENEFIT TO PROMOTE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF PEOPLE IN SUCH WAYS AS THE CHARITY SEES FIT4. TO PROMOTE SOCIAL INCLUSION FOR THE PUBLIC BENEFIT BY PREVENTING PEOPLE FROM BECOMING SOCIALLY EXCLUDED, RELIEVING THE NEEDS OF THOSE PEOPLE WHO ARE SOCIALLY EXCLUDED AND ASSISTING THEM TO INTEGRATE INTO SOCIETY. FOR THE PURPOSE OF THIS CLAUSE ‘SOCIALLY EXCLUDED’ MEANS BEING EXCLUDED FROM SOCIETY, OR PART OF SOCIETY, AS A RESULT OF BEING A MEMBER OF A SOCIALLY AND ECONOMICALLY DEPRIVED COMMUNITY5. TO PROMOTE EQUALITY AND DIVERSITY FOR THE PUBLIC BENEFIT BY PROMOTING ACTIVITIES TO FOSTER UNDERSTANDING BETWEEN PEOPLES OF DIVERSE BACKGROUNDS