Riverside Advice Ltd

Analysis

Riverside Advice Ltd is a registered charity in England and Wales, based in Cardiff. It was registered in November 2003, 23 years ago. Its declared purposes cover the prevention or relief of poverty, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 04723825). It says it provides advocacy/advice/information.

In the financial year ending March 2025, Riverside Advice Ltd reported income of £539k and spending of £564k, spending 105% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £408k to £539k (+32%), an average of +7.2% a year. The sharpest change came in the year to March 2023, when income rose by 24%. Over the whole period it spent 87% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Riverside Advice Ltd sits at the 88th percentile: it is larger than about 88% of them. Against every charity in England and Wales with reported income it ranks in the 90th percentile. Charities of a similar size with the same main cause include St John's Lichfield (£538k), Swansea Mosque and Islamic Community Centre (£539k) and Holland Road Baptist Church Trust (£538k).

In its latest detailed accounts, income came from donations and legacies 85%, charitable activities 13% and investments 2.3%. Gifts in wills alone brought in £456k. Charitable activities took 98% of spending and raising funds 0.0%. Reserves of £436k would cover about 9 months of spending at that rate. It employed 14 people.