THE POETRY TRANSLATION CENTRE LTD
The Poetry Translation Centre enriches poetry in English by commissioning and promoting translation of contemporary poetry from Africa, Asia and Latin America to a high literary standard.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £23,778 for the year ended 31 March 2025, with total income of £210,658 and expenditure of £234,436. Per the trustees' report, unrestricted reserves fell to £63,424, which is below the stated policy target of approximately £40,000, due to a fundraising shortfall.
What the accounts disclose
“Our aim is to maintain, in addition to any restricted and designated funds, an unrestricted reserves equivalent to 3 months running costs. At current levels this is approximately £40,000.” — page 11
Funders the charity credits
- Arts Council England
- National Lottery
- LTI Korea
- Estate of Sarah Maguire
Trustees
- Cecilia Rossichair
- Bernie Mayall
- Bohdan Andrzej Piasecki
- Jorge Llorens Ferrero
- Matthew Beavers
- Monica Maria Parle
- Niroshini Somasundaram
- Supriyo Chaudhuri
- Tatevik Sargsyan
- Will Forrester
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £211k | £234k |
| 31/03/2024 | £173k | £229k |
| 31/03/2023 | £223k | £228k |
| 31/03/2022 | £235k | £207k |
| 31/03/2021 | £252k | £214k |
Common questions
Is THE POETRY TRANSLATION CENTRE LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £23,778 for the year ended 31 March 2025, with total income of £210,658 and expenditure of £234,436. Per the trustees' report, unrestricted reserves fell to £63,424, which is below the stated policy target of approximately £40,000, due to a fundraising shortfall. Its FY2025 accounts were independently examined.
Who funds THE POETRY TRANSLATION CENTRE LTD?
Funders whose own accounts filings name THE POETRY TRANSLATION CENTRE LTD as a grant recipient include ENGLISH PEN, THE AUSTIN AND HOPE PILKINGTON TRUST, THE GOLSONCOTT FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| ENGLISH PEN | FY2025 | £8k | Writers in Translation |
| ENGLISH PEN | FY2023 | £2k | PEN Translates |
| ENGLISH PEN | FY2024 | £1k | PEN Translates |
| THE AUSTIN AND HOPE PILKINGTON TRUST | FY2022 | £1k | Quarterly Grants for Institutions - Round Three - The Arts - BAME Communities |
| THE GOLSONCOTT FOUNDATION | FY2024 | £1k | |
| ENGLISH PEN | FY2022 | £0 | Writers in Translation |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE T. S. ELIOT FOUNDATION | 2 | £22k |
| THE FENTON ARTS TRUST | 2 | £15k |
| THE FOYLE FOUNDATION | 1 | £815k |
| JUSTICE FOR JOURNALISTS FOUNDATION | 1 | £19k |
| BOOKER PRIZE FOUNDATION | 1 | £18k |
| THE MICHAEL MARKS CHARITABLE TRUST | 1 | £6k |
Charities like this
- MODERN POETRY IN TRANSLATION LIMITED
- POETRY LONDON LTD
- ENGLISH PEN
- THE POETRY SOCIETY
- THE JOSEPHINE HART POETRY FOUNDATION
- THE CENTRE FOR LITERACY IN PRIMARY EDUCATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE POETRY TRANSLATION CENTRE LTD | £211k | — | 0 | above | — | no doubt |
| MODERN POETRY IN TRANSLATION LIMITED | £124k | — | 0 | below | — | no doubt |
| POETRY LONDON LTD | £130k | — | 0 | unclear | — | no doubt |
| ENGLISH PEN | £663k | — | 0 | unclear | — | no doubt |
| THE POETRY SOCIETY | £1.1m | £60,001 - £70,000 | 1 | above | — | no doubt |
| THE JOSEPHINE HART POETRY FOUNDATION | £326k | — | 0 | unclear | — | no doubt |