RADIO ACADEMY
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.
Objects
TO ADVANCE THE EDUCATION OF THE PUBLIC IN RADIO BROADCASTING AND TO PROMOTE THE EDUCATIONAL BENEFITS RESULTING FROM RADIO BROADCASTS OF HIGH QUALITY, IN PARTICULAR BY PROVIDING A FORM FOR THE EXCHANGE OF INFORMATION, PROMOTING ORIGINAL AND CREATIVE RADIO BROADCASTS OF SUCH EDUCATIONAL BENEFIT, SECURING IMPROVEMENTS IN THE ART AND TECHNIQUE OF RADIO BROADCASTING RESULTING IN SUCH EDUCATIONAL BENEFITS AND PROMOTING AND PUBLISHING THE RESULTS OF EXPERIMENTS AND RESEARCH DESIGNED TO SECURE SUCH IMPROVEMENTS.
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.
What the accounts disclose
“At 31 December 2024, free reserves stood at £38,551. The Trustees will review this annually.”
“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
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Corporate structure
- Registered company of the charity Companies House 01978864
Company officers (Companies House)
- AYLOTT, Philippa Kate not on trustee list
- ROBINSON, Nina not on trustee list
- BETHELL, Davyd Albert not on trustee list
- CARVER, Megan Grace Hawkings not on trustee list
- MACKENZIE, Alistair William not on trustee list
- MOY, Samantha Jane not on trustee list
- CALLAGHAN, Nicholas not on trustee list
- PAUL, Raymond not on trustee list
- UYTMAN, Adam George Harold not on trustee list
- CEGLOWSKI, Molly Louise not on trustee list
- MAGUIRE, Philip not on trustee list
- PITTS, Nicholas Mark on trustee list
Trustees
- Adele Patricia Yolande CROSS
- Helen Mariam Thomas
- Jonathan Michael Henry Arendt
- Kathryn Elizabeth ANASTASI
- Kiran Nandra
- Nicholas Mark Pitts
- Perminder Khatkar
- Philip Maguire OBE
- Victoria Easton-Riley
- Victoria Stewart
- William Reid JACKSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE KIRBY LAING FOUNDATION | 4 | £68k |
| MARIA BJORNSON MEMORIAL FUND | 3 | £873k |
| THE JOHN S COHEN FOUNDATION | 3 | £61k |
| STANLEY PICKER TRUST | 3 | £60k |
| THE LEVERHULME TRUST | 2 | £1.2m |
| HENRY WOOD ACCOMMODATION TRUST | 2 | £236k |
| THE LONDON WOMEN'S CLINIC FOUNDATION | 2 | £207k |
| THE REED FOUNDATION | 2 | £199k |
Charities like this
- THE ROYAL ACADEMY OF DRAMATIC ART
- THE BRITISH ACADEMY OF MANAGEMENT
- THE ACADEMY OF MEDICAL ROYAL COLLEGES
- THE BRITISH ACADEMY OF FILM AND TELEVISION ARTS
- LONDON MUSICIANS' COLLECTIVE LIMITED
- ROYAL ACADEMY OF MUSIC
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RADIO ACADEMY | £389k | — | 0 | below | — | no doubt |
| THE ROYAL ACADEMY OF DRAMATIC ART | £16.7m | — | 0 | unclear | — | no doubt |
| THE BRITISH ACADEMY OF MANAGEMENT | £913k | — | — | above | — | no doubt |
| THE ACADEMY OF MEDICAL ROYAL COLLEGES | £1.5m | — | 0 | above | — | no doubt |
| THE BRITISH ACADEMY OF FILM AND TELEVISION ARTS | £29.3m | — | — | unclear | — | no doubt |
| LONDON MUSICIANS' COLLECTIVE LIMITED | £301k | Over £60,000 | 1 | below | — | no doubt |