THE REGATTA FOUNDATION
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?
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 |
|---|---|---|
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £248k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £248k |
| NFL FOUNDATION UK | 1 | £12k |
| CURIOUS MINDS | 1 | £10k |
| THE JIGSAW NETWORK C.I.O. | 1 | £10k |
| THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT | 1 | £5k |
| THE ASTOR FOUNDATION | 1 | £2k |
| THE D C TRUST | 1 | £2k |