RADIO ACADEMY

Registered charity 293825 · accounts filings on the Charity Commission register

The Charity operates for the encouragement, recognition and promotion of excellence in all aspects of radio broadcasting and audio production in the UK in order to maximise the potential of educational benefits this may bring. The company's subsidiary produces amongst other events the Radio Academy Awards and the Radio Festival both of which are in line with the main objectives of the Charity.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£389k
Latest spending
£427k
Registered
1986
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the year with a deficit of £38,524, primarily due to changes in commercial arrangements and increased investment in management capacity. Despite this, the trustees report that free reserves stood at £38,551 and expressed a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £39k; policy: three to six months of expenditure)
At 31 December 2024, free reserves stood at £38,551. The Trustees will review this annually.
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Perminder Khatkar received £443.50 in expenses to cover travel to in-person board meetings, Radio Academy Festival on-site meetings (as co-chair of the initiative) of which there was also an overnight hotel required for one occasion.
Trustee Perminder Khatkar received £443.50 in expenses to cover travel to in-person board meetings, Radio Academy Festival on-site meetings (as co-chair of the initiative) of which there was also an overnight hotel required for one occasion. — page 6
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — The Audio & Radio Emergency Fund administered by The Radio Academy (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

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

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£389k£427k
31/12/2023£414k£387k
31/12/2022£370k£406k
31/12/2021£266k£203k
31/12/2020£340k£301k

Common questions

Is RADIO ACADEMY financially healthy?

Per its FY2024 accounts: The accounts state that the charity ended the year with a deficit of £38,524, primarily due to changes in commercial arrangements and increased investment in management capacity. Despite this, the trustees report that free reserves stood at £38,551 and expressed a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE ROYAL ACADEMY OF DRAMATIC ART.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
RADIO ACADEMY£389k0belowno doubt
THE ROYAL ACADEMY OF DRAMATIC ART FY2025£16.7m0unclearno doubt
THE BRITISH ACADEMY OF MANAGEMENT FY2024£1.0maboveno doubt
THE ACADEMY OF MEDICAL ROYAL COLLEGES FY2025£1.5m0aboveno doubt
THE BRITISH ACADEMY OF FILM AND TELEVISION ARTS FY2024£29.3munclearno doubt
LONDON MUSICIANS' COLLECTIVE LIMITED FY2025£301kOver £60,0001belowno doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.