THE CLIVE RICHARDS FOUNDATION

Charity number: 327155
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Grants are made to organisations particularly schools, churches and those which support the arts and those who request assistance (particularly those who suffer from disabilities). The Trustee Board meet regularly throughout the year to consider applications for funding including social or programme related applications.

Income and expenditure

Data for financial year ending 31 March 2023

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.

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • The Prevention Or Relief Of Poverty
  • Religious Activities
  • Arts/culture/heritage/science
  • Amateur Sport
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
Where the charity operates:
  • Herefordshire

Governance

Registration history:
  • 10 June 1986: Standard registration
Organisation type:
Charitable company
Other names:
  • THE CLIVE AND SYLVIA RICHARDS CHARITY LIMITED (Previous name)
  • THE CLIVE RICHARDS CHARITY (Previous name)
Company number:
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints policy and procedures
  • 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
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Peter Michael Dines Chair 10 December 2013
None on record
Karen Frost Trustee 02 May 2024
None on record
Hermione Granuaile Richards Trustee 16 January 2024
None on record
Julian Guy Lamden Trustee 13 July 2023
None on record
James Francis Kemp Trustee 20 January 2022
None on record
Gareth Jon Davies Trustee 25 July 2017
WATERHARVEST
Received: On time
DAVID JOHN IDDON Trustee 15 January 2015
None on record
SYLVIA ANN RICHARDS Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2019 31/03/2020 31/03/2021 31/03/2022 31/03/2023
Total gross income £509.18k £1.81m £425.80k £450.50k £1.80m
Total expenditure £1.45m £1.06m £655.55k £227.00k £1.12m
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 £440.50k £1.73m N/A N/A £1.70m
Income - Other trading activities £0 £0 N/A N/A £0
Income - Charitable activities £0 £0 N/A N/A £0
Income - Endowments £0 £0 N/A N/A £0
Income - Investment £68.68k £74.81k N/A N/A £105.94k
Income - Other £0 £0 N/A N/A £0
Income - Legacies £0 £0 N/A N/A £0
Expenditure - Charitable activities £1.45m £1.06m N/A N/A £1.12m
Expenditure - Raising funds £0 £0 N/A N/A £0
Expenditure - Governance £6.02k £55.76k N/A N/A £97.13k
Expenditure - Grants institution £1.35m £977.75k N/A N/A £1.01m
Expenditure - Investment management £0 £0 N/A N/A £0
Expenditure - Other £0 £0 N/A N/A £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 31/03/2019 31/03/2020 31/03/2021 31/03/2022 31/03/2023
Own use assets £26.99k £0 N/A N/A £28.05k
Long-term investments £0 £26.99k N/A N/A £0
Other assets £1.81m £2.12m N/A N/A £2.80m
Defined benefit pension scheme asset or liability £0 £0 N/A N/A £0
Total liabilities £1.33m £993.51k N/A N/A £910.84k

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 2023 23 January 2024 On Time
Accounts and TAR 31 March 2023 23 January 2024 On Time Download Open in new window
Annual return 31 March 2022 18 November 2022 On Time
Accounts and TAR 31 March 2022 18 November 2022 On Time Download Open in new window
Annual return 31 March 2021 26 November 2021 On Time
Accounts and TAR 31 March 2021 26 November 2021 On Time Download Open in new window
Annual return 31 March 2020 06 November 2020 On Time
Accounts and TAR 31 March 2020 06 November 2020 On Time Download Open in new window
Annual return 31 March 2019 13 December 2019 On Time
Accounts and TAR 31 March 2019 13 December 2019 On Time Download Open in new window
Submit annual return Open in new window

Contact information

Address:
Lower Hope Estate
Ullingswick
HEREFORD
HR1 3JF
Phone:
01432 820663