THE REGATTA FOUNDATION
Enabling disadvantaged young children from the Manchester area to enjoy 'the great outdoors'
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £19,635 for the year ended 5 April 2025, with total income rising significantly to £521,814 from £41,454 in the prior year. Per the trustees' report, unrestricted reserves stood at £809,278, which exceeds the stated policy target of £nil. The trustees confirmed adequate resources for going concern and noted no fundraising activities requiring disclosure.
What the accounts disclose
“The charity has a target free reserves level of £nil as it has no financial commitments other than the extent to which it awards grant funding.”
“During the year, grants of £100,000 (2024: £100,000) were awarded to Barnet Youth Zone, a Charity for which Mr K Black was a trustee until his resignation on 5th February 2024.” — page 20
“During the year, donations of £500,000 (2024: £Nil) were received from Regatta Limited, a company for which Mr K Black and Ms J Black are directors.” — page 20
“During the year, grants of £100,000 (2024: £100,000) were awarded to Barnet Youth Zone, a Charity for which Mr K Black was a trustee until his resignation on 5th February 2024.” — page 20
“During the year, donations of £500,000 (2024: £Nil) were received from Regatta Limited, a company for which Mr K Black and Ms J Black are directors.” — page 20
“The funds are transferred from Regatta Ltd and distributed as and when donations are made.” — page 5
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- MR KEITH BLACKchair
- GRAHAM JONOTHAN RICKARD
- Joanne Black
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £522k | £502k |
| 05/04/2024 | £41k | £385k |
| 05/04/2023 | £8k | £313k |
| 05/04/2022 | £1.0m | £554k |
| 05/04/2021 | £1.4m | £369k |
Common questions
Is THE REGATTA FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £19,635 for the year ended 5 April 2025, with total income rising significantly to £521,814 from £41,454 in the prior year. Per the trustees' report, unrestricted reserves stood at £809,278, which exceeds the stated policy target of £nil. The trustees confirmed adequate resources for going concern and noted no fundraising activities requiring disclosure. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BOLTON COMMUNITY AND VOLUNTARY SERVICES | 2 | £56k |
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £1000k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £775k |
| THE JD FOUNDATION | 1 | £561k |
| MICHAEL CARRICK FOUNDATION | 1 | £157k |
| The Ethos Foundation | 1 | £100k |
| GREENHAM TRUST LTD | 1 | £91k |
| THE BOOTH CHARITIES | 1 | £59k |
Charities like this
- MANCHESTER UNITED FOUNDATION
- MANCHESTER CITY F.C. CITY IN THE COMMUNITY FOUNDATION
- REGENERATE TRUST
- MANCHESTER YOUTH ACADEMY LTD
- SALFORD FOUNDATION LIMITED
- BRITISH ROWING CHARITABLE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE REGATTA FOUNDATION | £522k | — | 0 | above | — | no doubt |
| MANCHESTER UNITED FOUNDATION | £8.7m | — | — | above | — | no doubt |
| MANCHESTER CITY F.C. CITY IN THE COMMUNITY FOUNDATION | £4.3m | — | 3 | above | — | noted |
| REGENERATE TRUST | £804k | — | — | above | — | no doubt |
| MANCHESTER YOUTH ACADEMY LTD | £469k | — | 0 | unclear | — | no doubt |
| SALFORD FOUNDATION LIMITED | £3.6m | — | 0 | within | — | no doubt |