ACADEMY FM THANET
TO ADVANCE THE EDUCATION OF MARLOWE ACADEMY STUDENTS (& SUCH OTHER EDUCATIONAL INSTITUTIONS AS THE TRUSTEES SHALL DECIDE FROM TIME TO TIME) AND INHABITANTS OF THANET AREA IN COMMUNICATION, BROADCASTING & OTHER MEDIA SKILLS AND TO PROMOTE COMMUNITY DEVELOPMENT AND CITIZENSHIP FOR THE BENEFIT OF THE PUBLIC THROUGH PROMOTION AND PROVISION OF A COMMUNITY RADIO STATION.
Financial health, per its FY2025 accounts
The accounts state that the charity realized a profit of £7,718 for the year ended 31 March 2025, with unrestricted funds increasing to £20,954. The trustees maintain a reserves policy target of three to six months' expenditure and confirm that this level has been maintained throughout the year. The charity is dependent on continuing donations to enable it to continue its operations.
What the accounts disclose
“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 equivalent to between three and six month’s expenditure.” — page 4
“None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year, with the exception of Christopher West who received £4,559 for services provided.” — page 13
Trustees
- Victor Toddchair
- Christopher John West
- David Nigel Reeve Foley
- Garry Costain
- Karen Brinkman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £50k | £42k |
| 31/03/2024 | £46k | £45k |
| 31/03/2023 | £47k | £48k |
| 31/03/2022 | £38k | £52k |
| 31/03/2021 | £44k | £36k |
Common questions
Is ACADEMY FM THANET financially healthy?
Per its FY2025 accounts: The accounts state that the charity realized a profit of £7,718 for the year ended 31 March 2025, with unrestricted funds increasing to £20,954. The trustees maintain a reserves policy target of three to six months' expenditure and confirm that this level has been maintained throughout the year. The charity is dependent on continuing donations to enable it to continue its operations. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 28/10/2015 | £6k | Thanet's Young Broadcasters |