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THE RADLETT CENTRE TRUST

Registered charity 1037121 · accounts filings on the Charity Commission register · also known as RADLETT CENTRE TRUST, THE RADLETT CENTRE

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Latest income
£1.2m
Latest spending
£1.0m
Registered
1994
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted income exceeded expenditure by £126,590, resulting in free reserves of £567,142 which meet the trustees' policy target of covering 6-9 months of direct operating costs. The auditors confirmed that the use of the going concern basis is appropriate and identified no material uncertainties regarding the charity's ability to continue operations.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 31.3.25 1 £60,001 - £70,000” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 31.3.25 1” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: 6-9 months of direct operating costs (held: £567k)
“The trustees review the nature and level of reserves on a regular basis and aim to keep sufficient free reserves to cover approximately 6-9 months of direct operating costs.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Nagler Simmons. Discloses 6 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.2m
Total spending
£1.0m
Cost of raising funds
£27k
Reserves (reported)
£1.0m
Employees
13

Reported reserves equal ~11.7 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Hertfordshire

Income and spending

Financial year endIncomeSpending
31/03/2025£1.2m£1.0m
31/03/2024£1.2m£991k
31/03/2023£1.0m£930k
31/03/2022£929k£803k
31/03/2021£338k£376k

Common questions

Is THE RADLETT CENTRE TRUST financially healthy?

The accounts state that unrestricted income exceeded expenditure by £126,590, resulting in free reserves of £567,142 which meet the trustees' policy target of covering 6-9 months of direct operating costs. The auditors confirmed that the use of the going concern basis is appropriate and identified no material uncertainties regarding the charity's ability to continue operations. Its FY2025 accounts were audited by Nagler Simmons.

What does the highest-paid employee of THE RADLETT CENTRE TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.