CTVC LIMITED
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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
“At year end, free reserves were £1,133k which is £168k below this target.”
“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
“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
“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
“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
“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
“CTVC has a wholly-owned trading subsidiary company which is incorporated in England and Wales, CTVC Media Limited (registered number 1782130).” — page 5
Corporate structure
- Registered company of the charity Companies House 01375941
- Trading subsidiary: CTVC MEDIA LIMITED Companies House 01782130 · Financial health read from its filings
- Turnover: £473k
- Profit before tax: £-38k
Company officers (Companies House)
- ETCHINGHAM, Julie Anne on trustee list
- COWEN, Stuart Huxley on trustee list
- JAMISON, Christopher, Rt Rev on trustee list
- CROSBY, Jason on trustee list
- BERRY, Michael Philip on trustee list
- FLEMING, Andrew Neil Rithet on trustee list
- CLAY, Lindsey Anne on trustee list
- SIMON, Mark Daniel Benjamin on trustee list
- PORTER, Rebecca Marie
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Andrew Fleming
- JULIE ETCHINGHAM
- Jason Crosby
- Lindsey Clay
- MR DANIEL SIMON
- Michael Philip Berry
- Rt Rev Christopher Jamison
- Stuart Cowen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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. Its FY2024 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SANTANDER UK FOUNDATION LIMITED | 1 | £124k |
| THE FYRISH FOUNDATION | 1 | £14k |
| BUCKINGHAMSHIRE COMMUNITY FOUNDATION | 1 | £10k |
| THE GOSHEN TRUST | 1 | £6k |
| THE HOBSON CHARITY LIMITED | 1 | £5k |
| THE COLE CHARITABLE TRUST | 1 | £2k |
Charities like this
- CHRISTIAN BROADCASTING NETWORK (UK)
- DIVINE TELEVISION FOUNDATION LTD
- ST CLARE MEDIA EWTN LTD
- DAYSTAR TELEVISION EUROPE
- THE C3 CHURCH
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, TUNBRIDGE WELLS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CTVC LIMITED | £6.8m | — | — | below | — | no doubt |
| CHRISTIAN BROADCASTING NETWORK (UK) | £1.7m | — | — | below | — | no doubt |
| DIVINE TELEVISION FOUNDATION LTD | £1.1m | Under £60,000 | 0 | unclear | — | no doubt |
| ST CLARE MEDIA EWTN LTD | £370k | — | — | unclear | — | no doubt |
| DAYSTAR TELEVISION EUROPE | £385k | — | 0 | above | — | no doubt |
| THE C3 CHURCH | £2.4m | — | 0 | unclear | — | no doubt |