RICHARD RIAKPORHE FOUNDATION CIC

Company limited by guarantee

Company Registration Number:
13963522 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2026

Period of accounts

Start date: 1 April 2025

End date: 31 March 2026

RICHARD RIAKPORHE FOUNDATION CIC

Contents of the Financial Statements

for the Period Ended 31 March 2026

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

RICHARD RIAKPORHE FOUNDATION CIC

Profit And Loss Account

for the Period Ended 31 March 2026

2026 2025


£
£
Turnover: 26,440 6,500
Cost of sales: ( 9,970 ) ( 5,500 )
Gross profit(or loss): 16,470 1,000
Administrative expenses: ( 12,970 ) ( 1,000 )
Operating profit(or loss): 3,500 0
Profit(or loss) before tax: 3,500 0
Profit(or loss) for the financial year: 3,500 0

RICHARD RIAKPORHE FOUNDATION CIC

Balance sheet

As at 31 March 2026

Notes 2026 2025


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 0 2,022
Total fixed assets: 0 2,022
Current assets
Cash at bank and in hand: 3,500 162
Total current assets: 3,500 162
Creditors: amounts falling due within one year: 4 ( 665 ) 0
Net current assets (liabilities): 2,835 162
Total assets less current liabilities: 2,835 2,184
Total net assets (liabilities): 2,835 2,184
Members' funds
Profit and loss account: 2,835 2,184
Total members' funds: 2,835 2,184

The notes form part of these financial statements

RICHARD RIAKPORHE FOUNDATION CIC

Balance sheet statements

For the year ending 31 March 2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 7 September 2026
and signed on behalf of the board by:

Name: Richard Riakporhe
Status: Director

The notes form part of these financial statements

RICHARD RIAKPORHE FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RICHARD RIAKPORHE FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 3 1

RICHARD RIAKPORHE FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2025 2,022 2,022
Additions
Disposals ( 2,022 ) ( 2,022 )
Revaluations 0 0
Transfers 0 0
At 31 March 2026 0 0
Depreciation
At 1 April 2025 0 0
Charge for year
On disposals
Other adjustments
At 31 March 2026 0 0
Net book value
At 31 March 2026 0 0
At 31 March 2025 2,022 2,022

RICHARD RIAKPORHE FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

4. Creditors: amounts falling due within one year note

2026 2025
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 665 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 665 0

COMMUNITY INTEREST ANNUAL REPORT

RICHARD RIAKPORHE FOUNDATION CIC

Company Number: 13963522 (England and Wales)

Year Ending: 31 March 2026

Company activities and impact

Promoting the full potentials of vulnerable young people through boxing and development programmes relating to physical fitness, discipline and self-confidence. The Richard Riakporhe Foundation has spent this financial year working with communities, other foundations and local/national organisations in support of empowering young people. In addition, mentoring young people and partnering with schools via workshops and motivational talks.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
7 September 2026

And signed on behalf of the board by:
Name: Richard Riakporhe
Status: Director