READ - THE READING AGENCY

Registered charity 1085443 · accounts filings on the Charity Commission register · also known as THE READING AGENCY, THE READING AGENCY FOR LIBRARIES, TRA

The Reading Agency works every day towards a world where everyone is reading their way to a better life - from toddlers to children to young adults, prisoners and older people - irrespective of age or economic background. It advocates that reading can tackle life's big challenges, from social mobility to mental health.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£2.8m
Latest spending
£3.2m
Registered
2001
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net outgoing resource of £355,843 for the year, resulting in a decrease in total reserves from £1,168,178 to £812,335. Unrestricted reserves stood at £554,334, which the trustees consider adequate to maintain a positive cash balance and cover at least three months of working capital. The trustees confirmed that adequate resources continue to be available to fund the charity's activities for the foreseeable future.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Grants and donations (49% of income)
“a further 49% came from grants and donations from other organisations”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of working capital (held: £554k)
“Our stated policy is to maintain reserves to cover at least 3 months of working capital. This constitutes at least £345,000 of unrestricted reserves.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by M J Bushell Audit LLP. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — The Reading Agency (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook · instagram

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

Total income
£2.8m
Total spending
£3.2m
Cost of raising funds
£38k
Reserves (reported)
£554k
Employees
28

Reported reserves equal ~2.1 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (78% 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: 1.3% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£2.8m£3.2m
31/03/2024£3.0m£3.1m
31/03/2023£3.0m£3.7m
31/03/2022£3.0m£2.8m
31/03/2021£6.5m£6.2m

Common questions

Is READ - THE READING AGENCY financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net outgoing resource of £355,843 for the year, resulting in a decrease in total reserves from £1,168,178 to £812,335. Unrestricted reserves stood at £554,334, which the trustees consider adequate to maintain a positive cash balance and cover at least three months of working capital. The trustees confirmed that adequate resources continue to be available to fund the charity's activities for the foreseeable future. Its FY2025 accounts were audited by M J Bushell Audit LLP.

Who funds READ - THE READING AGENCY?

Funders whose own accounts filings name READ - THE READING AGENCY as a grant recipient include THE JULIA RAUSING TRUST, THE MASTER CHARITABLE TRUST, CHARITY OF SIR RICHARD WHITTINGTON, STRATTON CHASE FOUNDATION, THE ULVERSCROFT FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE JULIA RAUSING TRUSTFY2025£1.2mSummer Reading Challenge Extension of Impact and Reach
THE MASTER CHARITABLE TRUSTFY2025£265kAdvancement of education
CHARITY OF SIR RICHARD WHITTINGTONFY2023£75kYoung People & Education
STRATTON CHASE FOUNDATIONFY2026£75kFor 12-months to support core costs. The Reading Agency work with individuals of all ages, communities and trusted partners to share the transformative benefits
CHARITY OF SIR RICHARD WHITTINGTONFY2022£75kYoung People & Education
THE ULVERSCROFT FOUNDATIONFY2024£70kDevelopment of Reading Friends groups
BOOKER PRIZE FOUNDATIONFY2025£48k
CYNGOR LLYFRAU CYMRU-THE BOOKS COUNCIL OF WALESFY2022£48kGrantiau Eraill
ST PAUL'S SCHOOLS FOUNDATIONFY2025£44kLiteracy & Oracy
THE ULVERSCROFT FOUNDATIONFY2023£35kDevelopment of Reading Friends Groups
THE BALCOMBE CHARITABLE TRUSTFY2023£15kHealth and welfare
THE BALCOMBE CHARITABLE TRUSTFY2024£12kHealth and welfare
THE ORR MACKINTOSH FOUNDATION LIMITEDFY2023£10k
THE BALCOMBE CHARITABLE TRUSTFY2025£10kHealth and welfare
THE BROMLEY TRUSTFY2022£10kPrison Reform
BOOKER PRIZE FOUNDATIONFY2025£9kQuick Reads
SOCIETY OF THE SACRED HEART CIOFY2025£5k
CYNGOR LLYFRAU CYMRU-THE BOOKS COUNCIL OF WALESFY2025£100Reading Well

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The Mercers' Company25/09/2024£300kGrant to The Reading Agency
UK government13/10/2022£484kNational Portfolio Organisations
UK government13/10/2022£484kNational Portfolio Organisations
UK government08/09/2022£30kInvestment funds
UK government13/12/2021£484kNational Portfolio Organisations
The Mercers' Company11/02/2020£300kGrant to The Reading Agency
The National Lottery Community Fund15/09/2015£50kThe Reading Well Challenge
City Bridge Foundation07/09/2011£84kGrant to Read - The Reading Agency
The National Lottery Community Fund08/12/2010£347kReading Activists
The National Lottery Community Fund29/11/2006£573kThe Book Bar Project
The National Lottery Community Fund28/04/2006£25kThe Book Bar Project

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 THE READER ORGANISATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
READ - THE READING AGENCY£2.8m——unclear—no doubt
THE READER ORGANISATION FY2025£4.6m—0above—no doubt
READ FOR GOOD FY2025£1.5m——unclear—no doubt
WORLDREADER FY2025£100k—0unclear—no doubt
LAUNCHPAD READING FY2026£4.9m£60,001 - £70,000—unclear—no doubt
Connect Reading FY2025£109k—0unclear—no doubt

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