THE KING'S TRUST

Registered charity 1079675 · accounts filings on the Charity Commission register · also known as KING'S TRUST, THE PRINCE'S TRUST · also registered in Scotland as SC041198 (OSCR)

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.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Amateur Sport · Economic/community Development/employment · Other Charitable Purposes · website · Get email alerts

Latest income
£63.9m
Latest spending
£63.0m
Registered
2000
Accounts read
FY2025

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.

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

What the accounts disclose

Largest income source: Donations and legacies (72% of income)
“Donations & Legacies £47.2m (72%)”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: six months of operational expenditure (held: £33.7m)
“the Trustees have currently set a target level of Liquid Free Reserves of six months of operational expenditure.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: King’s Trust Trading Limited
“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.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by PricewaterhouseCoopers LLP. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — The King's Trust (matched by registered charity number).

Trustpilot: The King's Trust scores 1.4/5 from 47 reviews (source) — reviews usually concern the charity’s shops or services, not its charitable performance.

Advertised salaries (public job ads)

Roles this charity has advertised on CharityJob, matched on the exact employer name. A different source from the statutory pay bands above: these are asking salaries for vacancies, not what anyone was paid.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£65.2m
Total spending
£63.0m
Cost of raising funds
£14.8m
Reserves (reported)
£34.1m
Employees
953

Reported reserves equal ~6.5 months of spending — above the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, cost of raising funds: 22.7% of total income — in the top quarter for charities its size (median 3.8%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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 JOHN BOOTH CHARITABLE FOUNDATION, THE JULIA RAUSING TRUST, THE ORR MACKINTOSH FOUNDATION LIMITED, THE RANDAL CHARITABLE FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE MASTER CHARITABLE TRUSTFY2024£13.4mThe prevention or relief of poverty
THE JOHN BOOTH CHARITABLE FOUNDATIONFY2022£12.6mto 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 TRUSTFY2025£3.4mAdvancement of education / Public benefit
THE JULIA RAUSING TRUSTFY2025£3.3mYoung people’s programmes in London and the South West and Women Supporting Women initiative
THE MASTER CHARITABLE TRUSTFY2022£3.1m
THE MASTER CHARITABLE TRUSTFY2023£2.3m
THE ORR MACKINTOSH FOUNDATION LIMITEDFY2025£1.5m
THE JOHN BOOTH CHARITABLE FOUNDATIONFY2023£1.3mto 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 FOUNDATIONFY2025£1.0mGrant to institutions
THE JORDAN CHARITABLE FOUNDATIONFY2021£1000k
MONDAY CHARITABLE TRUSTFY2024£900kSupporting young people furthest from the job market
MONDAY CHARITABLE TRUSTFY2025£900kStrategic Grants
MONDAY CHARITABLE TRUSTFY2022£750kIntermediate
THE JORDAN CHARITABLE FOUNDATIONFY2023£600k
PROJECT GIVING BACKFY2025£541k2025 Garden costs
THE PRUDENCE TRUSTFY2021£450kfor the Get Started with Arts programme with young people
THE FIDELITY UK FOUNDATIONFY2023£350kEmployability
THE WATCHES OF SWITZERLAND GROUP FOUNDATIONFY2022£325k
ELBA HOPE FOUNDATIONFY2024£320k
THE WATCHES OF SWITZERLAND GROUP FOUNDATIONFY2025£310kGrant funding of activities
MERSEY GATEWAY ENVIRONMENTAL TRUSTFY2025£300kThe Prince's Trust
THE PENNIES FOUNDATIONFY2021£278kGrant to institution
THE LIZ AND TERRY BRAMALL FOUNDATIONFY2023£275k
THE LIZ AND TERRY BRAMALL FOUNDATIONFY2022£275k
THE LIZ AND TERRY BRAMALL FOUNDATIONFY2022£275k
THE LIZ AND TERRY BRAMALL FOUNDATIONFY2023£275k
THE LIZ AND TERRY BRAMALL FOUNDATIONFY2023£275k
THE LIZ AND TERRY BRAMALL FOUNDATIONFY2022£275k
THE LIZ AND TERRY BRAMALL FOUNDATIONFY2022£275k
THE LIZ AND TERRY BRAMALL FOUNDATIONFY2023£275k
THE LIZ AND TERRY BRAMALL FOUNDATIONFY2022£275k
THE WESTMINSTER FOUNDATIONFY2023£250kSupport for 10,000 young people into long-term careers in the health and social care sector.
UBS UK Donor-Advised FoundationFY2021£250k
THE NISBET TRUSTFY2021£200k
ASOS FOUNDATIONFY2025£200kUK charitable activities
ASOS FOUNDATIONFY2023£183kDigital Skills, Youth recruitment/marketing, Engagement
ASOS FOUNDATIONFY2022£183kUK: The Prince’s Trust
THE REED FOUNDATIONFY2022£161kChristmas Challenge
CARETECH CHARITABLE FOUNDATIONFY2022£154k
THE 29TH MAY 1961 CHARITYFY2022£150kcosts of a variety of programmes supporting young people in the West Midlands
MONDAY CHARITABLE TRUSTFY2023£150kIntermediate
THE ALBORADA TRUSTFY2023£145k
GUMBALL 3000 FOUNDATION LTDFY2025£144kRoad to Retail project and general support for young people
ELBA HOPE FOUNDATIONFY2023£135k
THE GOLDMAN SACHS CHARITABLE GIFT FUND (UK)FY2023£133kCommunity
GUMBALL 3000 FOUNDATION LTDFY2024£125kSupport for young people through creative sector opportunities, songwriting workshops, and Christmas appeal.
THE RUBIN FOUNDATION CHARITABLE TRUSTFY2023£125k
THE HSWJ TRUSTFY2025£107k
ASOS FOUNDATIONFY2024£106kUK: The King’s Trust
PEACOCK CHARITABLE TRUSTFY2024£103k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund06/02/2026£19kGet Ready with Creative Industries
Community Foundation North East01/04/2025£15kGrant to The King's Trust
The National Lottery Community Fund31/05/2024£822kEnvirobility
The National Lottery Community Fund24/05/2024£19kEmpowering Youth Community Voices with The Prince's Trust
City Bridge Foundation04/03/2024£1.0mGrant to The King's Trust
The National Lottery Community Fund08/07/2022£10kDevelopment Awards
Community Foundation North East08/07/2021£28kA grant to The Prince's Trust
UK government01/04/2021£34kThe Princes Trust: Get Started with Cyber Security Pilot
City Bridge Foundation25/03/2021£3.0mGrant to The King's Trust
The National Lottery Community Fund29/01/2021£10kCovid-19 Development Awards
Bedfordshire and Luton Community Foundation30/01/2020£86kGrant to The Prince's Trust
Community Foundation North East14/06/2018£28kSupporting NEET young people through the TEAMs programme Year 1
City Bridge Foundation14/03/2018£3.0mGrant to The King's Trust
Community Foundation North East04/01/2018£25kSupporting local youth programmes Year 2
City Bridge Foundation24/03/2017£1.0mGrant to The King's Trust
The National Lottery Community Fund26/10/2016£8kThe Prince's Trust Manchester Centre - Feasibility Study
City Bridge Foundation24/03/2016£1.0mGrant to The King's Trust
The National Lottery Community Fund17/03/2016£533kThe Prince's Trust Youth Employment & Enterprise Hub
The National Lottery Community Fund17/09/2015£250kFairbridge Local
The National Lottery Heritage Fund19/12/2014£17k"Hadrian's Heritage"
City Bridge Foundation16/10/2014£1.0mGrant to The King's Trust
The National Lottery Community Fund10/06/2014£4k'On Your Bike'
The National Lottery Community Fund04/06/2014£10kPrince's Trust Community Hub - Feasibility Study
The National Lottery Community Fund27/05/2014£9k'Commonwealth Spirit'
The National Lottery Heritage Fund20/12/2013£13k"Tracing the Tees"

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 King's Trust International.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE KING'S TRUST£63.9m——unclear—no doubt
The King's Trust International FY2025£7.6m——unclear—no doubt
THE KING'S TRUST GROUP COMPANY FY2025£22.0m——unclear15.8%no doubt
YOUTH WITH A MISSION THE KING'S LODGE FY2025£491k—0unclear—no doubt
The Queen Elizabeth II Commonwealth Trust FY2025£243k—0unclear—no doubt
KING'S REACH FY2025£1.4m——above—no doubt

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