THE KING'S TRUST
The King's Trust's vision is to end youth unemployment. By breaking down barriers and opening doors The King's Trust supports young people to build the confidence and skills they need to find work. The King's Trust is building a future that works for young people.
Objects
(1) TO PROMOTE BY ALL CHARITABLE MEANS THE MENTAL, SPIRITUAL, MORAL AND PHYSICAL DEVELOPMENT AND IMPROVEMENT OF YOUNG PEOPLE AND TO PROVIDE OPPORTUNITIES FOR THEM TO DEVELOP THEIR FULL CAPACITIES AND ENABLE THEM TO BECOME RESPONSIBLE MEMBERS OF SOCIETY SO THAT THEIR CONDITIONS OF LIFE MAY BE IMPROVED, TO INCLUDE:(A) PROVIDING FACILITIES FOR YOUNG PEOPLE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION IN THE INTERESTS OF SOCIAL WELFARE; (B) ADVANCING THE EDUCATION OF YOUNG PEOPLE BY THE PROVISION, ENCOURAGEMENT AND PROMOTION OF EDUCATION, INSTRUCTION OR TRAINING IN PROFESSIONS, VOCATIONS, INDUSTRIES, CRAFTS, TRADES OR THE SKILLS NEEDED IN EMPLOYMENT; (C) RELIEVING POVERTY AMONGST YOUNG PEOPLE THROUGH THE PROVISION OF ASSISTANCE (INCLUDING FINANCIAL ASSISTANCE) AND ENCOURAGEMENT WHILST THEIR EDUCATION IS BEING ADVANCED AS AFORESAID OR WHILST THEY ARE IN THE PROCESS OF ESTABLISHING NEW BUSINESSES OR PREPARING FOR ENTERING UPON OR ENGAGING IN A PROFESSION, TRADE, CRAFT OR SERVICE; (D) ARRANGING PERIODS OF VOLUNTARY WORK IN THE COMMUNITY; AND (E) FOR THE BENEFIT OF THE PUBLIC ENCOURAGING AND ASSISTING YOUNG PEOPLE IN THEIR UNDERSTANDING OF AND PRACTICAL ACTION IN SUPPORT OF THE NATURAL AND BUILD ENVIRONMENT. (11) TO PROMOTE AND CONDUCT RESEARCH INTO SOCIAL CONDITIONS AFFECTING YOUNG PEOPLE AND THE MENTAL, SPIRITUAL, MORAL AND PHYSICAL NEED OF YOUNG PEOPLE AND TO PUBLISH THE USEFUL RESULTS OF SUCH RESEARCH. (111) TO CARRY OUT ANY SUCH APPROVED OBJECTS (AS DEFINED BY REGULATION 33 OF THE LANDFILL TAX REGULATIONS 1996 OR ANY AMENDMENT THERETO) AS ARE EXCLUSIVELY CHARITABLE AND TO ENCOURAGE YOUNG PEOPLE PARTICULARLY TO DO SO. (IV) TO SUPPORT SUCH CHARITY OR CHARITIES OR SUCH CHARITABLE PURPOSE OR PURPOSES AS THE COUNCIL SHALL IN ITS ABSOLUTE DISCRETION THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a total net income of £11.0m for the year, driven by a £2.2m operating surplus and £8.8m in investment gains. Free reserves stood at £33.7m, which the trustees note is equivalent to 7.3 months of normalised monthly expenditure, exceeding their stated policy target of six months.
What the accounts disclose
“Donations & Legacies £47.2m (72%)”
“the Trustees have currently set a target level of Liquid Free Reserves of six months of operational expenditure.”
“The King’s Trust has one wholly owned, non-charitable subsidiary, King’s Trust Trading Limited, which undertakes The King’s Trust’s commercial activities.”
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
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 1,364
- Government income: £7,180,000 — grants £7,180,000 (53); 11% of the £63,856,000 total gross income on the same return
- Employees paid over £60,000: 61 (£60,001–£70,000: 31; £70,001–£80,000: 13; £80,001–£90,000: 5; £90,001–£100,000: 4; £100,001–£110,000: 1; £110,001–£120,000: 1; £120,001–£130,000: 4; £130,001–£140,000: 1; £200,001–£250,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 1,948
- Government income: £7,613,000 — grants £7,613,000 (76); 13% of the £58,339,000 total gross income on the same return
- Employees paid over £60,000: 61 (£60,001–£70,000: 30; £70,001–£80,000: 13; £80,001–£90,000: 4; £90,001–£100,000: 4; £100,001–£110,000: 2; £110,001–£120,000: 2; £120,001–£130,000: 4; £130,001–£140,000: 1; £150,001–£200,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 2,013
- Government income: £7,675,000 — grants £7,675,000 (54); 11% of the £68,010,000 total gross income on the same return
- Employees paid over £60,000: 53 (£60,001–£70,000: 29; £70,001–£80,000: 6; £80,001–£90,000: 4; £90,001–£100,000: 3; £100,001–£110,000: 3; £110,001–£120,000: 5; £120,001–£130,000: 1; £130,001–£140,000: 1; £150,001–£200,000: 1)
- Has a trading subsidiary
Corporate structure
- Registered company of the charity Companies House RC000772
Advertised salaries (public job ads)
- Legal Counsel — £48,193.00 to £50,000.00 (National) or £50,000.00 to £55,000.00 (London), dependent on your location, skills, knowledge and experience
- Senior Digital Delivery Manager — £52,990.00
- Procurement Manager — £39,096.00 to £46,915.00, dependent on your location, skills, knowledge and experience
- Marketing Manager — £35,251.00 to £44,064.00, dependent on your location, skills, knowledge and experience
- Fundraising Planning Manager — £30,000.00 to £41,256.00, dependent on your location, skills, knowledge and experience (National salary £30,000 - £36,612 and London salary -£33,005 - £41,256 )
- Delivery Partnerships Development Lead — £25,092.00 to £28,783.00, dependent on your location, skills, knowledge and experience
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (15/10/2026)
- Received assets from another charity (23/04/2026)
- Received assets from another charity (07/05/2025)
- Received assets from another charity (09/04/2024)
- Received assets from another charity (15/02/2021)
- Received assets from another charity (08/02/2021)
Trustees
- Thomas Segun Ilube CBEchair
- Dr Nikesh Kotecha OBE DL
- Erem Kassim-Lakha
- Joan Armatrading MBE
- Lynne Weedall
- Mark Dearnley
- Pavita Cooper
- Richard Oldfield
- Simon Dingemans
- Suzy Anne Efua Gloria Neubert
- Verity Harding
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £63.9m | £63.0m |
| 31/03/2024 | £58.3m | £69.6m |
| 31/03/2023 | £68.0m | £81.4m |
| 31/03/2022 | £78.7m | £71.2m |
| 31/03/2021 | £72.3m | £69.1m |
Common questions
Is THE KING'S TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a total net income of £11.0m for the year, driven by a £2.2m operating surplus and £8.8m in investment gains. Free reserves stood at £33.7m, which the trustees note is equivalent to 7.3 months of normalised monthly expenditure, exceeding their stated policy target of six months. Its FY2025 accounts were audited by PricewaterhouseCoopers LLP.
Who funds THE KING'S TRUST?
Funders whose own accounts filings name THE KING'S TRUST as a grant recipient include THE MASTER CHARITABLE TRUST, THE JULIA RAUSING TRUST, THE ORR MACKINTOSH FOUNDATION LIMITED, THE JOHN BOOTH CHARITABLE FOUNDATION, THE RANDAL CHARITABLE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MASTER CHARITABLE TRUST | FY2024 | £13.4m | The prevention or relief of poverty |
| THE JOHN BOOTH CHARITABLE FOUNDATION | FY2022 | Unverified read£12.6m | to enable the organisation to build an endowment to ensure its longterm financial resilience and ability to serve young people for years to come |
| THE MASTER CHARITABLE TRUST | FY2025 | £3.4m | Advancement of education / Public benefit |
| THE JULIA RAUSING TRUST | FY2025 | £3.3m | Young people’s programmes in London and the South West and Women Supporting Women initiative |
| THE MASTER CHARITABLE TRUST | FY2022 | £3.1m | |
| THE MASTER CHARITABLE TRUST | FY2021 | £2.4m | |
| THE MASTER CHARITABLE TRUST | FY2023 | £2.3m | |
| THE ORR MACKINTOSH FOUNDATION LIMITED | FY2025 | £1.5m | |
| THE JOHN BOOTH CHARITABLE FOUNDATION | FY2023 | £1.3m | to enable the organisation to build an endowment to ensure its long term financial resilience and ability to serve young people for years to come. |
| THE RANDAL CHARITABLE FOUNDATION | FY2025 | £1.0m | Grant to institutions |
| THE JORDAN CHARITABLE FOUNDATION | FY2021 | £1000k | |
| MONDAY CHARITABLE TRUST | FY2024 | £900k | Supporting young people furthest from the job market |
| MONDAY CHARITABLE TRUST | FY2025 | £900k | Strategic Grants |
| THE JORDAN CHARITABLE FOUNDATION | FY2025 | £900k | |
| MONDAY CHARITABLE TRUST | FY2022 | £750k | Intermediate |
| THE JORDAN CHARITABLE FOUNDATION | FY2023 | £600k | |
| PROJECT GIVING BACK | FY2025 | £541k | 2025 Garden costs |
| THE FIDELITY UK FOUNDATION | FY2021 | £500k | Building data analysis and impact reporting capabilities, enabling more young people to achieve positive outcomes |
| THE PRUDENCE TRUST | FY2021 | £450k | for the Get Started with Arts programme with young people |
| UBS UK Donor-Advised Foundation | FY2020 | £365k | Charitable activities |
| THE FIDELITY UK FOUNDATION | FY2023 | £350k | Employability |
| BEDFORDSHIRE AND LUTON COMMUNITY FOUNDATION | FY2021 | £340k | Not specified |
| THE WATCHES OF SWITZERLAND GROUP FOUNDATION | FY2022 | £325k | |
| ELBA HOPE FOUNDATION | FY2024 | £320k | |
| THE WATCHES OF SWITZERLAND GROUP FOUNDATION | FY2025 | £310k | Grant funding of activities |
| THE PENNIES FOUNDATION | FY2021 | £278k | Grant to institution |
| THE LIZ AND TERRY BRAMALL FOUNDATION | FY2023 | £275k | |
| THE LIZ AND TERRY BRAMALL FOUNDATION | FY2021 | £275k | |
| THE LIZ AND TERRY BRAMALL FOUNDATION | FY2022 | £275k | |
| THE LIZ AND TERRY BRAMALL FOUNDATION | FY2023 | £275k | |
| THE LIZ AND TERRY BRAMALL FOUNDATION | FY2022 | £275k | |
| THE LIZ AND TERRY BRAMALL FOUNDATION | FY2023 | £275k | |
| THE LIZ AND TERRY BRAMALL FOUNDATION | FY2022 | £275k | |
| THE LIZ AND TERRY BRAMALL FOUNDATION | FY2022 | £275k | |
| THE LIZ AND TERRY BRAMALL FOUNDATION | FY2022 | £275k | |
| THE LIZ AND TERRY BRAMALL FOUNDATION | FY2023 | £275k | |
| THE WESTMINSTER FOUNDATION | FY2023 | £250k | Support for 10,000 young people into long-term careers in the health and social care sector. |
| UBS UK Donor-Advised Foundation | FY2021 | £250k | |
| THE NISBET TRUST | FY2021 | £200k | |
| ASOS FOUNDATION | FY2025 | £200k | UK charitable activities |
| ASOS FOUNDATION | FY2022 | £183k | UK: The Prince’s Trust |
| ASOS FOUNDATION | FY2023 | £183k | Digital Skills, Youth recruitment/marketing, Engagement |
| THE REED FOUNDATION | FY2022 | £161k | Christmas Challenge |
| CARETECH CHARITABLE FOUNDATION | FY2022 | £154k | |
| THE 29TH MAY 1961 CHARITY | FY2022 | £150k | costs of a variety of programmes supporting young people in the West Midlands |
| THE TAYLOR FAMILY FOUNDATION | FY2021 | £150k | |
| MONDAY CHARITABLE TRUST | FY2023 | £150k | Intermediate |
| THE ALBORADA TRUST | FY2023 | £145k | |
| GUMBALL 3000 FOUNDATION LTD | FY2025 | £144k | Road to Retail project and general support for young people |
| ELBA HOPE FOUNDATION | FY2023 | £135k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 06/02/2026 | £19k | Get Ready with Creative Industries |
| Community Foundation North East | 01/04/2025 | £15k | Grant to The King's Trust |
| The National Lottery Community Fund | 31/05/2024 | £822k | Envirobility |
| The National Lottery Community Fund | 24/05/2024 | £19k | Empowering Youth Community Voices with The Prince's Trust |
| City Bridge Foundation | 04/03/2024 | £1.0m | Grant to The King's Trust |
| The National Lottery Community Fund | 08/07/2022 | £10k | Development Awards |
| Community Foundation North East | 08/07/2021 | £28k | A grant to The Prince's Trust |
| UK government | 01/04/2021 | £34k | The Princes Trust: Get Started with Cyber Security Pilot |
| City Bridge Foundation | 25/03/2021 | £3.0m | Grant to The King's Trust |
| The National Lottery Community Fund | 29/01/2021 | £10k | Covid-19 Development Awards |
| Bedfordshire and Luton Community Foundation | 30/01/2020 | £86k | Grant to The Prince's Trust |
| Community Foundation North East | 14/06/2018 | £28k | Supporting NEET young people through the TEAMs programme Year 1 |
| City Bridge Foundation | 14/03/2018 | £3.0m | Grant to The King's Trust |
| Community Foundation North East | 04/01/2018 | £25k | Supporting local youth programmes Year 2 |
| City Bridge Foundation | 24/03/2017 | £1.0m | Grant to The King's Trust |
| The National Lottery Community Fund | 26/10/2016 | £8k | The Prince's Trust Manchester Centre - Feasibility Study |
| City Bridge Foundation | 24/03/2016 | £1.0m | Grant to The King's Trust |
| The National Lottery Community Fund | 17/03/2016 | £533k | The Prince's Trust Youth Employment & Enterprise Hub |
| The National Lottery Community Fund | 17/09/2015 | £250k | Fairbridge Local |
| The National Lottery Heritage Fund | 19/12/2014 | £17k | "Hadrian's Heritage" |
| City Bridge Foundation | 16/10/2014 | £1.0m | Grant to The King's Trust |
| The National Lottery Community Fund | 10/06/2014 | £4k | 'On Your Bike' |
| The National Lottery Community Fund | 04/06/2014 | £10k | Prince's Trust Community Hub - Feasibility Study |
| The National Lottery Community Fund | 27/05/2014 | £9k | 'Commonwealth Spirit' |
| The National Lottery Heritage Fund | 20/12/2013 | £13k | "Tracing the Tees" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DELTA PHILANTHROPIES | 1 | £671k |
| THE HEALTH FOUNDATION | 1 | £61k |
| RANDEREE CHARITABLE TRUST | 1 | £55k |
| THE RCN FOUNDATION | 1 | £49k |
| THE PATRICK & HELENA FROST FOUNDATION | 1 | £46k |
| LSEG Foundation | 1 | £20k |
| THE COSARAF CHARITABLE FOUNDATION | 1 | £5k |
Charities like this
- The King's Trust International
- THE KING'S FUND
- THE KING'S CHURCH DURHAM
- THE KING'S HOUSE
- KING'S CHURCH, NEWPORT
- KINGS WORLD TRUST FOR CHILDREN
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE KING'S TRUST | £63.9m | — | — | unclear | — | no doubt |
| The King's Trust International | £7.6m | — | — | unclear | — | no doubt |
| THE KING'S FUND | £13.3m | £180,000 - £189,999 | 58 | unclear | — | no doubt |
| THE KING'S CHURCH DURHAM | £571k | — | 0 | unclear | — | no doubt |
| THE KING'S HOUSE | £357k | — | 0 | unclear | — | no doubt |
| KING'S CHURCH, NEWPORT | £427k | — | 0 | unclear | — | no doubt |