Charity Accounts Intelreading the accounts so you don’t have to

THE ROYAL BATH AND WEST OF ENGLAND SOCIETY

Registered charity 1039397 · accounts filings on the Charity Commission register

The Society supports the rural economy by showcasing new technologies, providing a marketing platform for rural business, knowledge transfer activities such as seminars, conferences, open days and exhibitions. Grants are available for personal development and projects in the furtherance of agriculture and the rural economy.

Causes: Education/training · Arts/culture/heritage/science · Animals · Environment/conservation/heritage · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£4.0m
Latest spending
£4.0m
Registered
1994
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the group reported a small surplus of £38k for the year, driven by improved trading in its subsidiaries, while unrestricted funds increased to £4,913k. The trustees confirmed the entity is a going concern based on cash flow forecasts to March 2026 and banking arrangements, despite consolidated net current liabilities of £162k. The charity maintains adequate liquidity through banking facilities while its liquid reserves remain below the stated policy target.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Employees paid over £60,000: 1
“1 member of staff had emoluments, excluding pension contributions, in the banding £130,000-£140,000” — page 32
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months of overhead costs and target liquid reserves of £500k (held: £4.9m)
“The level of reserves should be sufficient to cover at least 3 months of overhead costs of the Society and target liquid reserves are £500k.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Bath & West Enterprises Limited, Bath and West Shows Limited, Bath and West Estates Management Company Limited, British Cheese Awards Limited
“The financial statements consolidate the results of the charity and its wholly owned subsidiaries, Bath & West Enterprises Limited, Bath and West Shows Limited, Bath and West Estates Management Company Limited, and British Cheese Awards Limited” — page 23
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by PKF Francis Clark. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£4.0m
Total spending
£4.0m
Cost of raising funds
£1.7m
Reserves (reported)
£4.9m
Employees
23

Reported reserves equal ~14.9 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Other trading activities (92% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 41.9% of total income — above the 90th percentile for charities its size (median 5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Somerset

Income and spending

Financial year endIncomeSpending
31/12/2024£4.0m£4.0m
31/12/2023£3.1m£3.4m
31/12/2022£3.0m£3.1m
31/12/2021£1.8m£1.9m
31/12/2020£700k£1.6m

Common questions

Is THE ROYAL BATH AND WEST OF ENGLAND SOCIETY financially healthy?

Per its FY2024 accounts: The accounts state that the group reported a small surplus of £38k for the year, driven by improved trading in its subsidiaries, while unrestricted funds increased to £4,913k. The trustees confirmed the entity is a going concern based on cash flow forecasts to March 2026 and banking arrangements, despite consolidated net current liabilities of £162k. The charity maintains adequate liquidity through banking facilities while its liquid reserves remain below the stated policy target. Its FY2024 accounts were audited by PKF Francis Clark.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE EARL FITZWILLIAM CHARITABLE TRUST2£8k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, WEST CHILTINGTON1—
THE NFU MUTUAL CHARITABLE TRUST1£330k
THE HUTCHINSON CHARITABLE TRUST1£170k
Richard Oatley Trust Number Two1£55k
THE PRUDENCE TRUST1£40k
THE MICHAEL MARSH CHARITABLE TRUST1£35k
LILIAN FRANCES HIND BEQUEST (TRUSTEES OF LADY HIND)1£31k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with WEST GRINSTEAD & DISTRICT PLOUGHING & AGRICULTURAL SOCIETY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE ROYAL BATH AND WEST OF ENGLAND SOCIETY£4.0m—1unclear—no doubt
WEST GRINSTEAD & DISTRICT PLOUGHING & AGRICULTURAL SOCIETY FY2024£104k—0unclear—no doubt
ROYAL AGRICULTURAL SOCIETY OF ENGLAND FY2024£1.9m£100,001 - £110,0001above—no doubt
RUTLAND AGRICULTURAL SOCIETY FY2023£417k—0unclear—no doubt
THE ROYAL WELSH AGRICULTURAL SOCIETY LIMITED FY2025£7.8m£90,001 - £100,000—within—no doubt
THE ROYAL AGRICULTURAL BENEVOLENT INSTITUTION FY2025£5.4m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.