Finance Score: 8

Governance Score: 3

Support Score: 3

Liabilities <10%: +3
Strong growth: +2
Fundraising costs low: +3

Dynamic board: +3

Grant maker support: +3

Overall GiG Score: 14

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
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
The Board appears to be 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	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
31/03/23	£3,264	£1,466	£1,798	£24	£2,272	£2,272	18.6	0
31/03/22	£87	£22	£65	n/a	n/a	n/a	n/a	n/a
31/03/21	£95	£46	£48	n/a	n/a	n/a	n/a	n/a
31/03/20	£66	£1,437	£-1,371	n/a	n/a	n/a	n/a	n/a
31/03/19	£989	£60	£929	£0	£1,595	£1,595	318.6	0
31/03/18	£64	£441	£-377	£0	£0	£0	n/a	0
31/03/17	£84	£208	£-124	£0	£0	£0	n/a	0
31/03/16	£129	£717	£-588	£0	£0	£0	n/a	0
31/03/15	£131	£281	£-150	£0	£0	£0	n/a	0
31/03/14	£132	£35	£97	£0	£0	£0	n/a	0
31/03/13	£99	£121	£-22	£0	£0	£0	n/a	0
31/03/12	£74	£91	£-17	£0	£0	£0	n/a	0
31/03/11	£75	£0	£74	£0	£0	£0	n/a	0
31/03/10	£79	£30	£49	£0	£0	£0	n/a	0
31/03/09	£98	£60	£38	£0	£0	£0	n/a	0
31/03/08	£94	£85	£9	£0	£0	£0	n/a	0
31/03/07	£80	£57	£22	£0	£0	£0	n/a	0
31/03/06	£75	£10	£65	£0	£0	£0	n/a	0
31/03/05	£67	£10	£57	£0	£0	£0	n/a	0
31/03/04	£67	£146	£-78	£0	£0	£0	n/a	0

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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 ?

Established: 41 years

www.riverside.org.uk/riversidefoundation

foundation@riverside.org.uk

07970627731

Charity Commission for England and Wales

Tweets

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'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.

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 (5)

Current Trustees appointed

JEHAN WEERASINGHE Appointed: 2023

CAMERON GEORGE DOUGHERTY Appointed: 2020

DR CATHERINE MARY LEE Appointed: 2022

GLENN GARRETT Appointed: 2022

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