THE COALFIELDS REGENERATION TRUST
Registered charity 1074930 · accounts filings on the Charity Commission register · also registered in Scotland as SC039277 (OSCR)
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.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“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.
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.
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
- Scottish Government
- Welsh Government
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).
Register events
- Received assets from another charity (14/11/2018) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Trustees
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?
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.