RICHMOND FELLOWSHIP(THE)

• ⚠

  Material uncertainty over going concern

  The financial statements have been prepared on a basis other than that of going concern which the directors consider to be appropriate in the circumstances for the following reasons. Richmond Fellowship merged with Humankind on 1 June 2024. The directors agreed to transfer all net assets to the merged entity, Waythrough, except for a small number of contracts that did not novate and were allowed to remain within the Company. The integration was scheduled to be completed within 12 months of the merger, and the newly formed Company is expected to continue trading for the foreseeable future. As required by UK Accounting Standards, the directors have prepared the financial statements on the basis that the Company is no longer a going concern. No material adjustments arose as a result of ceasing to apply going concern basis. All assets and liabilities have been transferred to the newly formed Company at carrying amounts.

1. RICHMOND FELLOWSHIP(THE) 1982-07-28 → present
2. RICHMOND FELLOWSHIP LIMITED(THE) 1960-06-20 → 1982-07-28

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

S&W Audit

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial statements have been prepared on a basis other than that of going concern which the directors consider to be appropriate in the circumstances for the following reasons. Richmond Fellowship merged with Humankind on 1 June 2024. The directors agreed to transfer all net assets to the merged entity, Waythrough, except for a small number of contracts that did not novate and were allowed to remain within the Company. The integration was scheduled to be completed within 12 months of the merger, and the newly formed Company is expected to continue trading for the foreseeable future. As required by UK Accounting Standards, the directors have prepared the financial statements on the basis that the Company is no longer a going concern. No material adjustments arose as a result of ceasing to apply going concern basis. All assets and liabilities have been transferred to the newly formed Company at carrying amounts.”

Group structure

1. RICHMOND FELLOWSHIP(THE) · parent
   1. Aquarius Action Projects · England · works with individuals, families, carers and professionals around issues of alcohol misuse, drug misuse, gambling and other behavioural problems.

Significant events

• “On 1 June 2024, Richmond Fellowship formally merged with Humankind to create a new organisation, now known as Waythrough. This merger represents one of the most significant collaborations in the UK voluntary sector, bringing together two charities with long-standing legacies and shared values.”
• “Following the legal merger, Recovery Focus — the brand name for Richmond Fellowship Group — ceased substantive trading activities, with a key focus on ensuring the smooth transfer of contracts, services, and assets. The deregistration process for Richmond Fellowship is expected to conclude in 2025/26.”
• “During the year, the charities Humankind Charity and Richmond Fellowship (and their respective subsidiary entities) came together through merger to form a single new charity by means of a Transfer Agreement, enacted on 31 May 2024.”
• “As of 1 June 2024, Richmond Fellowship merged with Humankind to form a new entity, Waythrough.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

15

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -82.9%

  £44,478,000 → £7,617,000

• Cash

  —

  Not reported

• Net assets

  —

  Not reported

• Employees

  —

  Not reported

• Operating profit

  +10.7%

  -£741,000 → -£662,000

• Profit before tax

  -318.4%

  £255,000 → -£557,000

• Wages

  -81.7%

  £25,882,000 → £4,729,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers