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CTVC LIMITED

Registered charity 276286 · accounts filings on the Charity Commission register · also known as C T V C, THE FOUNDATION FOR CHRISTIAN COMMUNICATION LIMITED

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Latest income
£6.8m
Latest spending
£7.2m
Registered
1978
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that free reserves were £1.1m, which is below the trustees' stated policy target of £1.3m. The charity reported a net loss of £468k for the year, primarily driven by pension contributions, though it holds sufficient unrestricted funds and has secured future funding commitments from its parent charity.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“At year end, free reserves were £1,133k which is £168k below this target.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant from parent charity
“Grants were received from our parent undertaking, The Rank Foundation, of £1,219k (2023: £1,332k).” — page 12
“The Rank Foundation also provided a grant in respect of the liability arising from the CTVC Defined Pension Scheme of £457k (2023: £457k).” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Pension grant from parent charity
“Grants were received from our parent undertaking, The Rank Foundation, of £1,219k (2023: £1,332k).” — page 12
“The Rank Foundation also provided a grant in respect of the liability arising from the CTVC Defined Pension Scheme of £457k (2023: £457k).” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Insurance charges from parent charity
“Grants were received from our parent undertaking, The Rank Foundation, of £1,219k (2023: £1,332k).” — page 12
“The Rank Foundation also provided a grant in respect of the liability arising from the CTVC Defined Pension Scheme of £457k (2023: £457k).” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trading subsidiary profits donated
“Grants were received from our parent undertaking, The Rank Foundation, of £1,219k (2023: £1,332k).” — page 12
“The Rank Foundation also provided a grant in respect of the liability arising from the CTVC Defined Pension Scheme of £457k (2023: £457k).” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Governance: A review of key policies was delayed due to staffing changes and will be actioned in 2025.
“A review of key policies was delayed due to staffing changes and will be actioned in 2025. Any areas of noncompliance with the Code will be identified and highlighted in future reports.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: CTVC Media Limited
“CTVC has a wholly-owned trading subsidiary company which is incorporated in England and Wales, CTVC Media Limited (registered number 1782130).” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

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

Total income
£6.8m
Total spending
£7.2m
Reserves (reported)
£1.1m
Employees
39

Reported reserves equal ~1.9 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£6.8m£7.2m
31/12/2023£6.4m£6.3m
31/12/2022£4.2m£3.8m
31/12/2021£2.9m£2.9m
31/12/2020£2.1m£2.5m

Common questions

Is CTVC LIMITED financially healthy?

The accounts state that free reserves were £1.1m, which is below the trustees' stated policy target of £1.3m. The charity reported a net loss of £468k for the year, primarily driven by pension contributions, though it holds sufficient unrestricted funds and has secured future funding commitments from its parent charity. Its FY2024 accounts were audited by Crowe U.K. LLP.