The Royal Signals Charity
Financial health, per its FY2023 accounts
The accounts state that the Charity reported a net deficit for the year of £374K, which was offset by investment gains of £173K, resulting in total fund balances of £11.3M. The Trustees note that the Charity benefits from staff and building costs paid by the Ministry of Defence, which cannot be meaningfully quantified, and that free reserves of £3.6M are sufficient to meet short-term risks.
What the accounts disclose
“One employee earned £60,000 - £70,000 (2022: one employee).” — page 19
“One employee earned £60,000 - £70,000 (2022: one employee).” — page 19
“The Reserves Policy is therefore, to allow funds to continue to accumulate, when surplus investment return arises.” — page 7
“In the year grants were made to The Royal Signals Museum of £131,000 (2022: £125,000). At the end of the year the debts with The Royal Signals Museum and its subsidiary company amounted to £107,804 payable (2022: £105,335 payable).”
“The Charity is related to The Royal Signals Museum (an incorporated charity) and its subsidiary The Royal Signals Museum Trading Company Limited due to their related objectives and activities.” — page 22
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- THE ROYAL SIGNALS TRUSTEE LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.5m | £1.6m |
| 31/12/2023 | £1.5m | £1.9m |
| 31/12/2022 | £1.5m | £1.6m |
| 31/12/2021 | £1.3m | £1.3m |
| 31/12/2020 | £1.2m | £1.6m |
Common questions
Is The Royal Signals Charity financially healthy?
The accounts state that the Charity reported a net deficit for the year of £374K, which was offset by investment gains of £173K, resulting in total fund balances of £11.3M. The Trustees note that the Charity benefits from staff and building costs paid by the Ministry of Defence, which cannot be meaningfully quantified, and that free reserves of £3.6M are sufficient to meet short-term risks. Its FY2023 accounts were audited by Crowe U.K. LLP.
What does the highest-paid employee of The Royal Signals Charity earn?
Per its FY2023 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Who funds The Royal Signals Charity?
Funders whose own accounts filings name The Royal Signals Charity as a grant recipient include G F EYRE CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| G F EYRE CHARITABLE TRUST | FY2022 | £800 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 07/02/1996 | £200k | "Royal School of Signals Museum, Blandford Camp" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL ENGINEERS CENTRAL CHARITABLE TRUST | 1 | £860k |
| DRAGON CHRISTMAS CHARITY SALE | 1 | £1k |