THE ROYAL ASSOCIATION FOR DEAF PEOPLE
Financial health, per its FY2024 accounts
The accounts state that total reserves were £4,592,000, with free reserves of £882,000. The trustees note that this free reserve level is slightly below their agreed minimum reserves policy, though they anticipate a transfer from a property purchase fund will restore compliance. The charity reports operating in a competitive funding environment but remains committed to financial sustainability through diversified income streams.
What the accounts disclose
“The level of our current free reserves is £882k which is therefore slightly below our agreed minimum reserves policy.” — page 26
“The organisation has a wholly owned trading subsidiary, tRADe LTD. This subsidiary did not trade during 2023/2024.” — page 23
“The organisation has a wholly owned trading subsidiary, tRADe LTD.” — page 23
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Christopher Ratcliffechair
- Andrew Tobin
- Angela Carpenter
- Edward Reveley
- Hannah Bernadette Brennan
- Jennifer Collier
- Melissa Scacco Mudawi
- Rolf Choutan
- Semhar Beyene
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.1m | £3.5m |
| 31/03/2024 | £2.5m | £3.4m |
| 31/03/2023 | £2.4m | £3.7m |
| 31/03/2022 | £2.9m | £3.3m |
| 31/03/2021 | £2.5m | £2.8m |
Common questions
Is THE ROYAL ASSOCIATION FOR DEAF PEOPLE financially healthy?
The accounts state that total reserves were £4,592,000, with free reserves of £882,000. The trustees note that this free reserve level is slightly below their agreed minimum reserves policy, though they anticipate a transfer from a property purchase fund will restore compliance. The charity reports operating in a competitive funding environment but remains committed to financial sustainability through diversified income streams. Its FY2024 accounts were audited by Haines Watts.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 28/03/2017 | £85k | "Deaf Detectives" |