Readibus

Analysis

Readibus is a registered charity in England and Wales, based in Reading. It was registered in January 1986, 40 years ago. Its declared purposes cover disability, which this site groups under disability. Legally it is a charitable company (Companies House number 01970233). It says it provides services.

In the financial year ending March 2025, Readibus reported income of £1.1m and spending of £1.1m, spending 99% of its income. Across the 5 years on record, from March 2021 to March 2025, income fell from £1.2m to £1.1m (-10%), an average of -2.7% a year. Over the whole period it spent 92% of the income it received.

Among 12,871 England and Wales charities whose main cause is disability and that reported income, Readibus sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in England and Wales with reported income it ranks in the 94th percentile. Charities of a similar size with the same main cause include Lifebridge Asend (£1.1m), Caudwell Youth (£1.1m) and New Testament Assembly Property Charity (£1.1m).

In its latest detailed accounts, income came from charitable activities 95% and trading 1.5%. Charitable activities took 98% of spending and raising funds 0.0%. Reserves of £84k would cover about 1 months of spending at that rate. It employed 41 people.