RICHMOND HOUSING PARTNERSHIP LIMITED

Charity number: 1080789
Removed charity

Charity overview

Activities - how the charity spends its money

Providing good quality, affordable social housing for people in need and delivering excellent landlord services.

Income and expenditure

Data for financial year ending 31 March 2009

Total income:
£36,251,000

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Donations and legacies £0
Charitable activities £35.72m
Other trading activities £0
Investments £67.00k
Other £464.00k

Total expenditure:
£35,454,000

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Raising funds £0
Charitable activities £35.15m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £305.00k
Charitable expenditure £35.15m
Retained for future use £797.00k

Fundraising

No information available

Trading

No information available

Trustee payments

No information available

What, who, how, where

What the charity does:
  • Accommodation/housing
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Hounslow
  • Richmond Upon Thames

Governance

Registration history:
  • 19 May 2000: Standard registration
  • 14 June 2010: Removed (Exempt charity)
Organisation type:
Other names:
  • RHP (Working name)
Gift aid:
No information available
Other regulators:
No information available
Policies:
No policies declared
Land and property:
No information available

Financial history

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Financial period end date

Income / Expenditure 31/03/2005 31/03/2006 31/03/2007 31/03/2008 31/03/2009
Total gross income £28.31m £29.26m £34.28m £34.90m £36.25m
Total expenditure £21.16m £43.53m £33.18m £34.24m £35.45m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies N/A N/A £0 £0 £0
Income - Other trading activities N/A N/A £0 £0 £0
Income - Charitable activities N/A N/A £34.20m £34.83m £35.72m
Income - Endowments N/A N/A £0 £0 £0
Income - Investment N/A N/A £85.00k £78.00k £67.00k
Income - Other N/A N/A £0 £0 £464.00k
Income - Legacies N/A N/A £0 £0 £0
Expenditure - Charitable activities N/A N/A £33.06m £34.08m £35.15m
Expenditure - Raising funds N/A N/A N/A N/A N/A
Expenditure - Governance N/A N/A £139.00k £158.00k £305.00k
Expenditure - Grants institution N/A N/A £0 £0 £0
Expenditure - Investment management N/A N/A £0 £0 £0
Expenditure - Other N/A N/A £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2005 31/03/2006 31/03/2007 31/03/2008 31/03/2009
Own use assets N/A N/A £132.18m £136.11m £139.51m
Long-term investments N/A N/A £0 £0 £0
Other assets N/A N/A £5.86m £4.30m £6.50m
Defined benefit pension scheme asset or liability N/A N/A -£1.94m -£1.32m -£2.11m
Total liabilities N/A N/A £128.17m £129.88m £134.62m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2009 23 December 2009 On Time
Accounts and TAR 31 March 2009 23 December 2009 On Time
Annual return 31 March 2008 16 December 2008 On Time
Accounts and TAR 31 March 2008 16 December 2008 On Time
Annual return 31 March 2007 27 December 2007 On Time
Accounts and TAR 31 March 2007 27 December 2007 On Time
Annual return 31 March 2006 21 December 2006 On Time
Accounts and TAR 31 March 2006 21 December 2006 On Time
Annual return 31 March 2005 05 December 2005 On Time
Accounts and TAR 31 March 2005 05 December 2005 On Time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED ON 17 FEBRUARY 2000

Charitable objects

(1) TO PROVIDE RELIEF FOR PERSONS IN NECESSITOUS CIRCUMSTANCES BY THE PROVISION OF HOUSING AND ANY ASSOCIATED AND OTHER AMENITIES AND SERVICES UPON TERMS APPROPRIATE TO THEIR MEANS PROVIDED THAT SUCH POWER SHALL NOT EXTEND TO RELIEVING ANY LOCAL AUTHORITIES OR OTHER BODIES OF A STATUTORY DUTY TO PROVIDE OR IMPROVE HOUSING; (2) TO ASSIST PROMOTE AND ENCOURAGE THE REGENERATION OF THE SOCIAL PHYSICAL AND ECONOMIC ENVIRONMENT FOR SUCH PERSONS; (3) TO CARRY OUT ANY SUCH OTHER CHARITABLE OBJECT AS IS PERMITTED TO A REGISTERED SOCIAL LANDLORD.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED