READ ACADEMY EDUCATION

Registered charity 1156203 · accounts filings on the Charity Commission register

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Latest income
£1.2m
Latest spending
£1.1m
Registered
2014
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that reserves held are £307,954, which are maintained to enable the school to function. The document does not disclose a specific reserves policy target or any material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Discloses 3 of 6 completeness components.

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

Total income
£1.2m
Total spending
£1.1m
Reserves (reported)
£308k
Employees
34

Reported reserves equal ~3.2 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Essex · Redbridge

Income and spending

Financial year endIncomeSpending
31/12/2024£1.2m£1.1m
31/12/2023£1.1m£1.1m
31/12/2022£997k£921k
31/12/2021£907k£755k
31/12/2020£666k£540k

Common questions

Is READ ACADEMY EDUCATION financially healthy?

The accounts state that reserves held are £307,954, which are maintained to enable the school to function. The document does not disclose a specific reserves policy target or any material uncertainties regarding the charity's ability to continue as a going concern.