THE NATIONAL LITERACY TRUST
Financial health, per its FY2025 accounts
The accounts state that total funds decreased to £3,704,462 at year-end, with unrestricted free reserves standing at £512,975. This reserve level represents 1.5 months of unrestricted expenditure, which is below the charity's stated policy target of three months. The trustees acknowledge this shortfall and have adopted a budget for the following year to focus on generating more unrestricted reserves.
What the accounts disclose
“The unrestricted free reserves represent 1.5 months of unrestricted expenditure rather than the three that is the policy.” — page 25
“Besides, the total unpaid pension contributions relating to Section 75 debt on withdrawal from the Pension Trust Scheme at financial year ending 31 March 2025 were £80,879” — page 50
Corporate structure
- Registered company of the charity Companies House 05836486
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (31/07/2025)
- Received assets from another charity (12/11/2018)
Trustees
- Joanna Priorchair
- Bradley Martin Keast
- Catherine Ann Rose
- Gabrielle Helen Louise Huddart
- Hilary Ineomo-Marcus
- Jasmine Richards
- Kersten Elizabeth England
- Louise Doughty
- Matthew Anthony Wilson Bradbury
- Professor Michelle Money
- Rachel Laura Hopcroft
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £14.3m | £14.4m |
| 31/03/2024 | £12.1m | £12.6m |
| 31/03/2023 | £10.5m | £10.9m |
| 31/03/2022 | £9.1m | £7.2m |
| 31/03/2021 | £7.1m | £6.4m |
Common questions
Is THE NATIONAL LITERACY TRUST financially healthy?
The accounts state that total funds decreased to £3,704,462 at year-end, with unrestricted free reserves standing at £512,975. This reserve level represents 1.5 months of unrestricted expenditure, which is below the charity's stated policy target of three months. The trustees acknowledge this shortfall and have adopted a budget for the following year to focus on generating more unrestricted reserves. Its FY2025 accounts were audited by Sayer Vincent LLP.
Who funds THE NATIONAL LITERACY TRUST?
Funders whose own accounts filings name THE NATIONAL LITERACY TRUST as a grant recipient include THE MASTER CHARITABLE TRUST, THE FOYLE FOUNDATION, THE FIDELITY UK FOUNDATION, THE EDUCATION ENDOWMENT FOUNDATION, The Portal Trust.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 03/09/2024 | £250k | "Voices for the Future" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NPT Transatlantic Limited | 1 | £30.9m |
| JUSTICE FOR JOURNALISTS FOUNDATION | 1 | £19k |
| THE ALICE ELLEN COOPER-DEAN CHARITABLE FOUNDATION | 1 | £10k |