RIVA RESIDENCIES IN VISUAL ARTS
ANNUAL REPORT AND UNAUDITED
FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Charity Registration No. 1096756
KNOX CROPPER
tharlereo accountants

RIVA RESIDENCIES IN VISUAL ARTS
CONTENTS
Page
TRUSFEES AND PROFESSIONAL ADVISERS
TRUSTEES, REPORT
INDEPENDE￿[ EXAMINER'S REPORT
srATEMENT OF FINANCIAL A￿￿E5
BALANCE SHEEr
NOTES TO THE FINANCIAL s[ATEME￿5
8-11

RIVA RESIDENCIES IN VISUAL ARTS
TRUSTEES AND PROFESSIONAL ADVISERS
Charity Number
1096756
Trustees
DeLK)rah Law
Minna Stevens
Ronald Henocq
Principal Address
72B Southgate Road
London
NI 3JF
Accountants
Knox Cropper LLP
65 Leadenhall Street
London
EC3A 2AD
Independent Examiner
G￿g Stevenson FCA
Knox Cropper LLP
65 Leadenhall Street
London
EC3A 2AD
Bankers
CAF Chartties Aid Foundation
10 St Bride Street
London
EC4A 4AD
Solicitors
Brecher LLP
4th Flc()r
64 North Row
London
WIK 7DA

RIVA RESIDENCIES IN VISUAL ARTS
TRUSTEES, REPORT
YEAR ENDED 31 DECEMBER 2024
The Trustees present their report and financial statements of the VIVA Residencies in Visual Arts for the year
ended 31 December 2024.
The financial statements have been prepared in accordan￿ with the accounting policies set out in note I to
the financial statements and comply with the Charity's governing document, the Charities Art 2011 and
'Accounting and Reporting by Charities: Ststement of Recommended practi￿ applicable to charities preparing
their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of
Ireland (FRS 102) (effective l January 2019),.
Reference and administrative inforniation
RIVA Residencies in Visual Arts is registered as a Charity with the Charity Commission, registration number
1096756.
The Trustees in office during the year and at the date of this report, together with the add￿$S of the
Charity's principal and registered office, are as set out on page l.
Structurer governance and management
The Charity is an unincorporated Charitable Trust registered with the Charity Commission. Its governing
document is its Declaration of Trust dated l February 2003.
The Charity does not have employees and is managed by the Trustees.
When required, new Trustee appointments are made by the existing Trustees based on expertise. New
Trustees are inducted by existing Trustee5 and provided access to infomiation and guidance from the Charity
Commission along with seminars available from sector accountants and legal advisors.
The Trustees examine the major risks that the Charity fa￿ every financial year and have developed systems
to monitor and control these risks to mitigate any impact they may have on the Charity in the future.
The Trustees have systems in Pla￿ to identify any conflicts of interest that may occur. When a conflict of
interest arises, the relevant Trustee or Trustees agr& to withdraw from any discussion and decision.
Objectives and activities for the benefit of the public
The charitable objectives of the Charity are to:
offer visual arts education for people of all ages, abilities and backgrounds; and
organise or fund artists, residencies and similar projects in various environments.
In setting their Charity's objecttves and planning its actNities, the Trustee5 have complied with their duty to
have due regards to the guidan￿ on public benefit in exercising their F()wers as Trust*s.

RIVA RESIDENCIES IN VISUAL ARTS
TRUSTEES, REPORT (CONTINUED)
YEAR ENDED 31 DECEMBER 2024
Financial Review
The net movement in funds for the year amounted to a surplus of £6,310 (period ended 31 December 2023:
surplus of £928).
At 31 December 2024 the Charity's total cash funds were £8,330 (31 December 2023: £5,444). The Charity
had no other assets at 31 De￿mber 2024 (31 December 2023: there were no other asset5} and total
liabilities of £3,235 (31 December 2023: £6,544). The Charity therefore had net assets at 31 December 2024
of £5,095 (31 December 2023: net liabilities £1,100). In the year ending 31 December 2025 the Charity
continued to retrive donations from Henocq Law Trust.
The Charity's main artivity is to provide grants and can therefore exercise a significant degree of control over
its expenditure. The Trustee5 will keep both income and expenditure under review going forward to ensure
that the Charity has sufficient assets to meet its liabilities.
Given the donations received in the year ending 31 December 2025 and after making appropriate enquiries,
the Trustees have a reasonable expectation that the Charity has adequate ￿sourceS to continue in
operational existence for the foreseeable future. For this reason, they continue to adopt the going concern
basis in preparing the financial statements. Further details regarding the adoption of the going concern basis
can be found in the Accounting Policies.
The Charity s powers to invest its funds are set out in the Charity's governing instrument. Any monies not
immediately required for the furtherance of the Charity's objects may be invested at the discretion of the
Trustees. There are no restrittions on the Trustees, power to invest funds.
Achlevements and performance
In the year ended 31 December 2024, the Charity continued to operate from its Hackney Studio. Trustee,
Deborah Law, built on local connections with nearby schools working to develop residency projects and raise
the profile of what we offer.
The Charity continued to fund art education and learning projects by donating to gallerie5 With similar
objective5 and projects.
Future developments
The Trustees intend to continue their policy of making grants to individua15 and charitable institutions which
fall within the objects of the Charity.

IUVA RESIDENCIES IN VISUAL ARTS
TRusfEES' REPORT (CONTINUED)
YEAR ENDED 31 DECEMBER 2024
Statement of Trustees, responsibilities
The Trustees are responsible for p￿parIng the Trustees, report and the financial Statements in accordance
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare financial ststements for
each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming
resources and application of resOur￿S of the Charity for that year.
In preparing these financial statements, the Trust￿ a￿ required to:
select suitsble accounting policies and then apply thern consistently:
obseNe the methods and principles in the Charities SORP.
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have LEen followed, subject to any material departures
disclosed and explained in the financial slatements. and
prepare the financial statements on the going con￿rn ba515 unless it is inappropriate to presume that the
Charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at
any time the financial position of the Charity and enable them to ensure that the financial statements comply
with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the
trust deed. They are also responsible for safeguarding the a55ets of the Charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularitie5.
Independent examiner
Greg Stevenson FCA of Knox Cropper LLP was appointed as Independent Examiner to the Charity and has
expressed willingness to continue in that capacity.
2.5.10..7......2025
The Trustees, report was approved by the Board of Trust￿ on ......
Trust
Trustee
Deborah Law
Ronald Henocq

RIVA RESIDENCIES IN VISUAL ARTS
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF RIVA RESIDENCES IN VISUAL ARTS
I report to the trustees on my examination of the accounts of RIVA Residencies in Visual Arts (the Charity) for
the year ended 31 December 2024, which comprise the Statement of Financial Activities, the Balance Sheet
and related notes.
This report is made to the Trustees, as a LTh)ly, in accordance with the tems of my engagement. My work has
been undertaken so that I might carry out an Independent Examination of the financial statements in
accordance with the General Directions given by the Charity Commissioners. To the fullest extent permitted by
law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trust*s as a
body for my work or for this rep)rt.
Responsibilities and basis of report
As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Act 2011 ('the Act,).
I report in reSt￿tt of my examination of the Chartvs accounts carried out under *ction 145 of the 2011 Act
and in carrying out my examination I have followed all applicable Directions given by the Charity Commission
under settion 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination gtving me cause to telieve that in any material respect:
accounting records were not kept in resrEtt of the Charity as required by section 130 of the Art.
or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements Con￿rning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a true and fair view which is not a matter considered as part
of an independent examination.
I have no concerns and have come across no other matter5 in connection with the examination to which
attention should be drawn in this re￿rt in order to enable a proper understanding of the accounts to be
reached.
Greg Stevenson FCA
Knox Cropper LLP
Chartered Accountants
65 Leadenhall Street
London EC3A 2AD
2025

RIVA RESIDENCIES IN VISUAL ARTS
STATEMENT OF FINANCIAL ACTIvrrIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
YEAR ENDED 31 DECEMBER 2024
Unrestricted Funds
2024
2023
Notes
Income from
Donations
Investment income
26,000
14
24,500
17
Total Income
26,014
24,517
Expenditure
Charitable activities
(19,819)
(23,589)
Total Expenditure
(19,819)
(23,589)
Net Income/(Expendltu￿)
6,195
928
Net movement in funds
6,195
928
Reconciliation of funds
Fund balances brought forward
(1,100)
(2,028)
Fund balances carried forward
£5,095
£(I,ioo)
The notes on pages 8 to 11 fomi part of these finanaal ststements.
Statement of recognised gains and losses
The statement of financial activitie5 includes all gain5 and10sses recogni5ed in the period.
All of the activitie5 of the Charity are classified as continuing.

RIVA RESIDENCES IN VISUAL ARTS
BALANCE SHEEr
AS AT 31 DECEMBER 2024
2024
2023
Not
Current Assets
Cash at bank and in hand
8,330
5,444
Creditors: Amounts
falling due within one year
(3,235)
(6,544)
Net Current Liabilities
5,095
(I,ioo)
£5,095
£(I,100)
Unrestricted Funds
£5,095
£{I,100)
Approved by the Tnjstees on
2sIT.bJ
2025 and signed on their behalf:
Qeloor
Trustee
Trustee
Deborah Law
Ronald Henocq
The notes on pages 8 to I I fomi part of the* financial statements.

RIVA RESIDENCES IN VISUAL ART
NOTES TO THE FINANCIAL sfATEMENTS
YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES
Charity Information
RIVA Residencies in Visual Arts is an unincorwrated Trust. Its principle pla￿ of busine55 15 72B
Southgate Road, London, N 13JF.
1.1 Accounting convention
The financial ststements have been prepared in accordance with Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to Charities preparing their accounts in
accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102) (effective l January 2019) and the Charitie5 Art 2011. The Charity constitutes a public benefit
entity as defined by FRS 102.
The financial ststements a￿ prepared in sterling which is the functional currency of the Charity.
The financial statements have b*n prepared under the historical cost convention. The principal
accounting policies are set out below.
1.2 Going concern
At 31 December 2024 the Charty's totsl cash funds were £8,330 (31 December 2023: £5,444). The
Charity had no other assets at 31 December 2024 (31 De￿rnber 2023: there were no other assets)
and total liabilities of £3,235 (31 December 2023: £3,300). The Charity therefore had net assets at 31
De￿mber 2024 of £5,095 (31 December 2023: net liabilities £1,100). In the year ending 31 December
2025, the Charity continued to receive donations from Henocq Law Trust.
At the time of approving the financial statements, the Trustees have a reasonable expectation that the
Charity has adequate resources to continue in operational existence for the foreseeable future. Thus,
the Trust&s continue to adopt the going concern basis of accounting in preparing the financial
statements.
1.3 Charitable funds
General funds are unrestricted funds which are available for use at the discretion of the Trustee in
furtheran￿ of the general objectives of the Charity and which have not been designated for other
purposes.
1.4 Income
Income is recognised when the Charity is legally entitled to it after any performance conditions have
been met, the amounts can be measured reliably, and it is probable that income will be re￿ived.
Donations are recognised once the Charity has been notffied of the donation, unle55 performance
conditions require deferral of the amount.
1.5 Expenditure
Expenditure is recognised On￿ there is a legal or constructive obligation to make payment to a third
party, it is probable that settlement will be required and the amount of the obligation can be measured
reliably.
All expenditure is accounted for on an accruals basis. All expenses including governance costs are
allocated to applicable expenditure headings.
Irrecoverable VAT is charged against the expenditure heading for which it wa5 incurred.
1.6 Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual
arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument
is any contract that evidences a residual interest in the assets of the Charity after deducting all of its
liabilities.

RIVA RESIDENCES IN VISUAL ART
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES (CONTINUED)
1.7 Taxation
RIVA Residencies in Visual Arts is a registered Charity and is not liable to income or capital gains taxes
on its present activities.
1.8 Creditors
Creditors are recognised where the Charity has a present obligation resulting from a past event that will
probably result in the transfer of fund5 to a third party and the amount due to settle the obligation can
be measured or estimated reliably. Creditors are nomially recognised at their settlement amount.
Donations
Unrestricted
funds
2024
Unrestricted
funds
2023
Donations received
£26,000
£24,500
Investment income
Unrestrirted
funds
2024
Unrestricted
funds
2023
Interest receivable
£14
£17

RIVA RESIDENCES IN VISUAL ART
NOTES TO THE FINANCIAL sfATEMENTS
YEAR ENDED 31 DECEMBER 2024
Charitable activities
Total
2024
Totsl
2023
Analysis of charitable activities
Grants
(4.1)
Support costs (4.2)
4,485
8,784
£19 819
£23 589
4.1 Grants payable
Total
2024
Total
2023
Grants during the year comprise:
Katie Surridge I payment (2023: 2 payments)
S M Jones 2 payments (2023 no payments)
Kohandel Ghahnaviehei I payment (2023: 4 payments)
2,760
1,265
460
5,520
4.2 Support costs
The breakdown of support costs and how these are allocated between Governance and Charitable
Activities is shown in the table below.
Cost type
Governance
costs
2024
Charitable
activities
2024
Total
Total
2024
2023
Bank charges
Studio rental costs
Material and Transport costs
Travel costs
Fire Protection
Insurance
Independent Examination f
60
60
11,000
335
150
138
531
60
11,000
501
11,000
335
150
138
531
514
£12 154
£15 334
£14 805
2023
£12 015
£14 805
10-

RIVA RESIDENCES IN VISUAL ART
NOTES TO THE FINANCIAL sfATEMENTS
YEAR ENDED 31 DECEMBER 2024
Trustees and related part transactions
Studio rent payable to Ronald Henocq by the Charity for the year ended 31 Detrmber 2024 was
£11,000 (Period ended 31 December 2023: £11,000). During the year the Charity received grants
totalling £26,000 (Period ended 31 December 2023: £50,000) from The Henocq Law Trust, a Charity
(Charity Registration Number 1167312), of which two of the Trustees, Deborah Law and Ronald
Henocq were also Trustees of The Henocq Law Trust. In accordance with the Charity's policy, Trustees
withdraw from decisions when a conflict of interest arises. The other Trustees did not receive any
remuneration or reimbursement of expenses in either this year or the previous period. In the
preceding year The Henocq Law Trust paid insurance on behalf of RIVA, which was reimbursed to
Henocq Law Trust in the current year.
Employees
There were no employees during the year or the previous year.
Creditors: amounts falling due within one year
2024
2023
Grants payable
Accountancy and independent exarnination fees
current year
previous year
Henocq Law Trust
115
3,235
2,730
3,300
514
Movement in funds
Opening
funds
Incoming
resources
Resources
expended
Total
2024
2024
2024
2024
Unrestritted Funds
£26 014
2023
2023
2023
2023
Unrestricted Funds
£24 517
Analysis of net assets between funds
Unrestricted
funds
2024
Unrestritted
funds
2023
Fund balan￿5 at 31 De￿mber 2024 are represented by:
Current assets
Current liabilities
8,330
(3,235)
5,444
(6,544)
Fund balances at 31 December 2024