THE MAGIC CIRCLE FOUNDATION LIMITED

Registered charity 297582 · accounts filings on the Charity Commission register · also known as CENTRE FOR THE MAGIC ARTS / CMA, CENTRE FOR THE MAGIC ARTS LIMITED, THE MAGIC CIRCLE FOUNDATION

The promotion of the education of the public in the history and practice of the art of magic

Objects

TO PROMOTE THE EDUCATION OF THE PUBLIC IN THE HISTORY AND PRACTICE OF THE ART OF MAGIC IN PARTICULAR BY MAINTAINING A LIBRARY AND MUSEUM OF MAGIC WORKS AND ARTEFACTS BY PROMOTING PUBLIC LECTURES AND BY PROVIDING OR ASSISTING IN THE PROVISION OF A CENTRE FOR MEETINGS LECTURES CLASSES AND OTHER FORMS OF EDUCATION FOR THE BENEFIT OF THE PUBLIC.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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

Latest income
£211k
Latest spending
£283k
Registered
1987
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a combined loss of £45,527 for the year ended 31 March 2025, resulting in total net assets of £372,336. The trustees acknowledge ongoing challenges from the economic climate and HS2 construction but believe the foundation is well-placed to cope with these risks using existing reserves. The organization relies heavily on its trading subsidiary for commercial income and maintains a defined contribution pension scheme with no disclosed deficit.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient for its effective operations and as a provision for refurbishment costs, normal maintenance and running costs (held: £371k)
“The charitable company aims to maintain reserves sufficient for its effective operations and as a provision for refurbishment costs, normal maintenance and running costs.” — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The Board of Trustees is of the opinion that the charity has adequate resources to continue in operational existence for the short to medium term. However, the ongoing uncertainty regarding the economic climate will require the Centre Director and the board to continuously monitor and review the impact on the Foundation and the trading subsidiary.” — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Rent charged to The Magic Circle
“During the year the company charged The Magic Circle £35,000 (2024: £35,000) rent for the use of 12 Stephenson Way. M Berglas, who was a trustee of The Magic Circle Foundation Limited during the year, is also a member of the Council of The Magic Circle.” — page 29
“During the year the company raised management fees £149,006 (2024: £116,410) to the subsidiary CMAT.” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Management fees charged to subsidiary CMAT
“During the year the company charged The Magic Circle £35,000 (2024: £35,000) rent for the use of 12 Stephenson Way. M Berglas, who was a trustee of The Magic Circle Foundation Limited during the year, is also a member of the Council of The Magic Circle.” — page 29
“During the year the company raised management fees £149,006 (2024: £116,410) to the subsidiary CMAT.” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Centre for the Magic Arts Trading Limited
“The company has incorporated a subsidiary: Centre for the Magic Arts Trading Limited ("CMAT").” — page 29
Per its FY2025 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

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: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£211k£283k
31/03/2024£183k£214k
31/03/2023£165k£189k
31/03/2022£187k£163k
31/03/2021£146k£144k

Common questions

Is THE MAGIC CIRCLE FOUNDATION LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a combined loss of £45,527 for the year ended 31 March 2025, resulting in total net assets of £372,336. The trustees acknowledge ongoing challenges from the economic climate and HS2 construction but believe the foundation is well-placed to cope with these risks using existing reserves. The organization relies heavily on its trading subsidiary for commercial income and maintains a defined contribution pension scheme with no disclosed deficit. Its FY2025 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 CIRK HES LTD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE MAGIC CIRCLE FOUNDATION LIMITED£211k—0unclear—noted
CIRK HES LTD FY2025£149k—0above—no doubt
MAGIC ME FY2025£446k—0unclear—no doubt
MASONIC CHARITABLE FOUNDATION FY2025£90.8m——within—no doubt
JUST CIRCLE LIMITED FY2025£7.1m——within—no doubt
THE READING FOUNDATION FY2025£517k—0unclear—no doubt

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