THE COALFIELDS REGENERATION TRUST
Registered charity 1074930 · accounts filings on the Charity Commission register · also registered in Scotland as SC039277 (OSCR)
Grant Making Organisation
Causes: Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Amateur Sport · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that total consolidated income for the year was £7,425k against expenditure of £7,265k, resulting in a net income of £2,321k. However, the charity reports negative free reserves of £14.8m under SORP definitions, though it holds £45.2m in total unrestricted funds. The trustees note that the trust is likely to operate in a deficit position over the next two to three years due to high inflation and borrowing costs.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Fundraising cost ratio: 0.0% of fundraised income, as disclosed
“The Trust does not undertake any fundraising activity or engage with any commercial fundraiser to undertake this activity on its behalf.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £45.2m; policy: between six and twelve months activity across Scotland and Wales and twelve months activity in England)
“The Trust and Trustees are comfortable it has sufficient reserves to meet this target. At the year-end the Trust had total unrestricted funds of £45.2m. After deducting fixed assets of £60m, the Trust, under the SORP definition, had negative free reserves of £14.8m.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: CRT Trading Limited, CRT Renewable Energy Limited, CRT Property Investments Limited, CRT Community Enterprises Limited
“The financial statements consolidate the results of the charity, its wholly owned subsidiaries CRT Trading Limited, CRT Renewable Energy Limited, CRT Property Investments Limited and CRT Community Enterprises Limited on a line-by-line basis.” — page 25
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by BHP LLP. Discloses 4 of 6 completeness components.
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "below" (FY2025).
Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.
Corporate structure
CRT COMMUNITY ENTERPRISES LIMITED — per its own Companies House accounts
- Turnover: £15k
- Profit before tax: £-115k
CRT TRADING LIMITED — per its own Companies House accounts
- Profit before tax: £-60
- The company is a wholly owned subsidiary of The Coalfields Regeneration Trust and is exempt from disclosing related party transactions with group members.
CRT RENEWABLE ENERGY LIMITED — per its own Companies House accounts
- Turnover: £156k
- Profit before tax: £59k
- Donated/gift-aided to the charity: £22k
- Amounts owed to parent undertaking: £260,136 (current) and £675,000 (non-current). The non-current loan is described as: 'The loan from the parent company, a concessionary loan, is included in amounts due to group undertakings. This loan is unsecured and interest free.'
“Gift aid distribution paid - - (22,106) (22,106)”
CRT PROPERTY INVESTMENTS LIMITED — per its own Companies House accounts
- Turnover: £4.3m
- Profit before tax: £4.3m
- Donated/gift-aided to the charity: £2.3m
- Short-term intra-group loan balance of £3,527,000 (2024: £3,381,000) disclosed in Note 11. Long-term intra-group loan balance of £13,353,000 (2024: £12,954,000) disclosed in Note 12, described as a 'Limited recourse loan from parent company' repayable by 31 March 2040 at 3.1% interest.
“Gift aid distribution paid - - (2,288) (2,288)”
Leadership, per the charity’s website
- Andy Lock — Chief Executive (source)
- Linda McAvan — Chair (source)
Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.
Funders the charity credits
Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).
- Growth Mission Fund — “Coalfields Regeneration Trust Receives £13.5 Million in Growth Mission Fund Investment” (source page)
- Scottish Government — “We are also funded by the Scottish and Welsh Governments for our work in those nations” (source page)
- Welsh Government — “We are also funded by the Scottish and Welsh Governments for our work in those nations” (source page)
Company officers (Companies House)
Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.
- WINTER, Bethan, Dr — director, appointed 04/11/2024on trustee list
- MILES, Jonathan Francis, Dr — director, appointed 10/05/2023on trustee list
- DIXON, Joan Elizabeth, Dr — director, appointed 10/05/2023on trustee list
- SIMMONS, Robin Alan, Professor — director, appointed 10/05/2023on trustee list
- MCAVAN, Linda — director, appointed 02/11/2022on trustee list
- CUNLIFFE, Keith — director, appointed 21/07/2020on trustee list
- RUTTER, Linda Rose — director, appointed 21/07/2020on trustee list
- STUBBS, Nicky — director, appointed 14/12/2016on trustee list
- MCGUINESS, Trudie — director, appointed 14/12/2016not on trustee list
- YOUNG, Robert — director, appointed 21/01/2015on trustee list
- THOMAS, Wayne — director, appointed 20/09/2000on trustee list
- JONES, Teresa Jane — secretary, appointed 05/08/2020
Official officers record.
Property (HM Land Registry)
8 registered titles in England and Wales held by the charity’s company or corporate body (6 freehold); recorded price paid £38k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook · instagram · linkedin
Structured financials (annual return, FY ending 31/03/2025)
Reported reserves equal ~7.3 months of spending — above the median for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Investments (66% 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: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).
Register events
- Received assets from another charity (14/11/2018) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Trustee list from the Charity Commission register (current, not historical).
Operates in: Scotland
Income and spending
Common questions
Is THE COALFIELDS REGENERATION TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total consolidated income for the year was £7,425k against expenditure of £7,265k, resulting in a net income of £2,321k. However, the charity reports negative free reserves of £14.8m under SORP definitions, though it holds £45.2m in total unrestricted funds. The trustees note that the trust is likely to operate in a deficit position over the next two to three years due to high inflation and borrowing costs. Its FY2025 accounts were audited by BHP LLP.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with YAD VEACHISOMOCH L'CHAIM.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.