BAUER RADIO'S CASH FOR KIDS CHARITIES

Registered charity 1122062 · accounts filings on the Charity Commission register · also known as 96.3 RADIO AIRE & MAGC 828'S CASH FOR KIDS, 96.9 VIKING FM & MAGIC 1161'S CASH FOR KIDS, BAUER RADIO CHARITIES, BAUER RADIO'S CASH FOR KIDS, CASH FOR KIDS MANCHESTER, CFM Cash for Kids

Latest income
£15.2m
Latest spending
£16.3m
Registered
2007
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £1,007,560 for the year ended 31 December 2024, resulting in a decrease in total funds from £5,321,506 to £4,313,946. The trustees maintain that free reserves of £525,000 are sufficient to meet the policy target of three to six months of operating costs and ensure the charity can continue its activities. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: three to six months of operating costs (held: £525k)
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level at least equivalent to between three and six months of operating costs. — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Salaries, NI, pension and expenses recharged from Bauer Radio Limited
During the year costs have been recharged in relation to salaries, national insurance, pension contributions and other expenses for staff of the charity from its corporate member, Bauer Radio Limited to the value of £1,752,764 (2023 - £1,609,473). At the balance sheet date the amount due to/from Bauer Radio Limited was £257,449 (2023- £294,057). The ultimate controlling party is Bauer Radio Limited as the corporate member of the charity. In addition there is support from all of Bauer radio stations along with no charge being transferred to the charity for their use within their office spaces, IT and HR support. — page 34
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Tree Accountancy Limited.

Public fundraising profile: JustGiving — BAUER RADIO'S CASH FOR KIDS CHARITIES (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£15.2m
Total spending
£16.3m
Cost of raising funds
£758k
Reserves (reported)
£4.2m
Employees
33

Reported reserves equal ~3.1 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Register events

Trustees

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

Operates in: Northern Ireland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£15.2m£16.3m
31/12/2023£17.2m£15.7m
31/12/2022£14.0m£13.8m
31/12/2021£13.5m£13.3m
31/12/2020£12.9m£12.0m

Common questions

Is BAUER RADIO'S CASH FOR KIDS CHARITIES financially healthy?

The accounts state that the charity reported a net deficit of £1,007,560 for the year ended 31 December 2024, resulting in a decrease in total funds from £5,321,506 to £4,313,946. The trustees maintain that free reserves of £525,000 are sufficient to meet the policy target of three to six months of operating costs and ensure the charity can continue its activities. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Tree Accountancy Limited.

Who funds BAUER RADIO'S CASH FOR KIDS CHARITIES?

Funders whose own accounts filings name BAUER RADIO'S CASH FOR KIDS CHARITIES as a grant recipient include Sir Graham Wylie Foundation, OVE ARUP PARTNERSHIP CHARITABLE TRUST, BNA CHARITABLE INCORPORATED ORGANISATION, THE BROTHERS TRUST, C B AND H H TAYLOR 1984 TRUST.

Known funders

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

Government & lottery funding

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

FunderDateAmountPurpose
Postcode Lottery24/11/2023£2.0mA Happier Christmas - C4K

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