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NATIONAL COUNCIL FOR THE TRAINING OF JOURNALISTS

Registered charity 1026685 · accounts filings on the Charity Commission register · also known as NCTJ

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Latest income
£2.0m
Latest spending
£2.1m
Registered
1993
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net decrease in funds of £157,157 for the year ended 30 June 2025, driven by a net expense from operations of £141,601 and investment losses of £15,556. Despite this deficit, the charity holds free unrestricted reserves of £1,883,052, which the trustees confirm is well in excess of their stated minimum reserves policy target of £602,000.

What the accounts disclose

Reserves policy: four months of overhead expenditure and six months’ salary costs (held: £1.9m)
“The policy is to maintain a minimum level of funds equal to four months of overhead expenditure and six months’ salary costs. This currently equates to c£602,000” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: NCTJ Training Limited (wholly-owned subsidiary) made a charitable donation under deed of covenant of £177,750 to the holding company.
“NCTJ Training Limited made a charitable donation of £177,750 (2024: £163,049) under Deed of Covenant to its holding company, National Council for the Training of Journalists.”
“During the year, the charity charged its trading subsidiary a management fee of £39,156 (2024: £44,733) and rent of the premises of £24,000 (2024: £24,000).” — page 65
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity charged its trading subsidiary a management fee of £39,156 and rent of £24,000.
“NCTJ Training Limited made a charitable donation of £177,750 (2024: £163,049) under Deed of Covenant to its holding company, National Council for the Training of Journalists.”
“During the year, the charity charged its trading subsidiary a management fee of £39,156 (2024: £44,733) and rent of the premises of £24,000 (2024: £24,000).” — page 65
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The trading subsidiary owed the charity £168,257 at year-end.
“NCTJ Training Limited made a charitable donation of £177,750 (2024: £163,049) under Deed of Covenant to its holding company, National Council for the Training of Journalists.”
“During the year, the charity charged its trading subsidiary a management fee of £39,156 (2024: £44,733) and rent of the premises of £24,000 (2024: £24,000).” — page 65
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Azets. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 30/06/2025)

Total income
£2.0m
Total spending
£2.1m
Cost of raising funds
£1.2m
Reserves (reported)
£1.9m
Employees
17

Reported reserves equal ~10.4 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland

Income and spending

Financial year endIncomeSpending
30/06/2025£2.0m£2.1m
30/06/2024£2.0m£2.5m
30/06/2023£1.9m£2.2m
30/06/2022£7.7m£8.2m
30/06/2021£3.9m£3.1m

Common questions

Is NATIONAL COUNCIL FOR THE TRAINING OF JOURNALISTS financially healthy?

The accounts state that the charity reported a net decrease in funds of £157,157 for the year ended 30 June 2025, driven by a net expense from operations of £141,601 and investment losses of £15,556. Despite this deficit, the charity holds free unrestricted reserves of £1,883,052, which the trustees confirm is well in excess of their stated minimum reserves policy target of £602,000. Its FY2025 accounts were audited by Azets.