CONSTRUCTION INDUSTRY TRUST FOR YOUTH
Our mission is to remove barriers to contruction related education and training. We do this through a variety of programmes including bursaries, work experience, employability training, support for ex-offenders into employment, support to employers to take positive action regarding work placements for young people.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a total surplus of £175,299 for the year ending 31 December 2024, with unrestricted reserves of £1,092,418. The trustees consider the reserves to be sufficient, noting they represent over 7 months of operating costs based on 2024 expenditure, although this falls to approximately 5 months based on planned 2027 expenditure. The auditor confirmed the use of the going concern basis of accounting was appropriate with no material uncertainties identified.
What the accounts disclose
“The number of employees whose emoluments as defined for taxation purposes amounted to over £60,000 in the year was as follows: £80,000 - £90,000 1” — page 29
“The number of employees whose emoluments as defined for taxation purposes amounted to over £60,000 in the year was as follows: £80,000 - £90,000 1” — page 29
“Although the unrestricted reserves at the 2024 year-end represent the equivalent of over 7 months operating costs based on 2024 expenditure, they are the equivalent of only approx. 5 months operating costs based on the planned expenditure by 2027.”
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2023) to "below" (FY2024).
Leadership, per the charity’s website
- Edward McAlpine — Chair
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Anthony Oloyede
- Assad Maqbool
- Barbara Louise Welch
- Hamzat Temitope Alade Bello
- Holly Price
- Julie Ann White
- Katrina Mary Dowding
- MATHEW BAXTER
- Manjinder Singh
- Patricia Moore
- Robert Edward Thomas William McAlpine
- Russell Vincent Andrew Taylor
- Victoria Brambini
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.9m | £1.7m |
| 31/12/2023 | £1.8m | £1.7m |
| 31/12/2022 | £1.6m | £1.6m |
| 31/12/2021 | £1.5m | £1.3m |
| 31/12/2020 | £1.3m | £1.0m |
Common questions
Is CONSTRUCTION INDUSTRY TRUST FOR YOUTH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a total surplus of £175,299 for the year ending 31 December 2024, with unrestricted reserves of £1,092,418. The trustees consider the reserves to be sufficient, noting they represent over 7 months of operating costs based on 2024 expenditure, although this falls to approximately 5 months based on planned 2027 expenditure. The auditor confirmed the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Forvis Mazars LLP.
What does the highest-paid employee of CONSTRUCTION INDUSTRY TRUST FOR YOUTH earn?
Per its FY2024 accounts, the highest-paid employee was in the £80,001 - £90,000 band, and 1 employees earned over £60,000.
Who funds CONSTRUCTION INDUSTRY TRUST FOR YOUTH?
Funders whose own accounts filings name CONSTRUCTION INDUSTRY TRUST FOR YOUTH as a grant recipient include MONDAY CHARITABLE TRUST, JOHN LYON'S CHARITY, The Merchant Taylors' Foundation, CHK Foundation, WATES FAMILY ENTERPRISE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MONDAY CHARITABLE TRUST | FY2022 | £990k | Strategic |
| MONDAY CHARITABLE TRUST | FY2024 | £900k | Building Opportunities programme |
| MONDAY CHARITABLE TRUST | FY2025 | £900k | Strategic Grants |
| JOHN LYON'S CHARITY | FY2025 | £180k | Building Opportunities in the Tri-Borough |
| The Merchant Taylors' Foundation | FY2025 | £100k | Proactive Stream |
| The Merchant Taylors' Foundation | FY2022 | £100k | Proactive Stream |
| CHK Foundation | FY2024 | £100k | |
| WATES FAMILY ENTERPRISE TRUST | FY2022 | £80k | Group Awards - Thinking Differently |
| THE COLYER-FERGUSSON CHARITABLE TRUST | FY2023 | £75k | |
| JOHN LAING CHARITABLE TRUST | FY2025 | £60k | Pathways to professional careers |
| THE HABERDASHERS' FOUNDATION | FY2024 | £51k | Welfare |
| THE HABERDASHERS' FOUNDATION | FY2022 | £50k | Targeted support for excluded young people who are NEET |
| WALCOT EDUCATIONAL FOUNDATION | FY2024 | £50k | Bridging the Gap to Construction Employment |
| KUSUMA TRUST UK | FY2023 | £50k | Pathways to Professional Careers (Key Stage 5 Programme) |
| WALCOT EDUCATIONAL FOUNDATION | FY2022 | £25k | Early Intervention Employer-led Engagement Programme |
| CANARY WHARF CONTRACTORS FUND | FY2023 | £25k | |
| CANARY WHARF CONTRACTORS FUND | FY2025 | £25k | |
| KUSUMA TRUST UK | FY2023 | £25k | Building Futures in the Tri-Borough |
| CANARY WHARF CONTRACTORS FUND | FY2024 | £25k | |
| Construction Workers’ Charitable Trust | FY2025 | £25k | Pathways to Professional Careers programme |
| WALCOT EDUCATIONAL FOUNDATION | FY2022 | £25k | Bridging the gap to construction employment |
| THE PAVIORS' CHARITY | FY2023 | £23k | Educational |
| THE KENSINGTON AND CHELSEA FOUNDATION | FY2025 | £20k | Skills + Employment portfolio |
| Construction Workers’ Charitable Trust | FY2023 | £20k | Education, training and retraining for operatives, past operatives and young people who want to start working in the construction industry (Mowlem Award) |
| DRAPERS CHARITABLE FUND | FY2023 | £15k | Building Opportunities programme |
| DEPTFORD CHALLENGE TRUST LIMITED | FY2024 | £13k | |
| THE PAVIORS' CHARITY | FY2024 | £10k | Educational |
| SALTERS' CHARITABLE FOUNDATION | FY2024 | £10k | Relief of Need - Other donations |
| WATES FAMILY ENTERPRISE TRUST | FY2022 | £10k | Family Awards |
| DUDLEY AND GEOFFREY COX CHARITABLE TRUST | FY2023 | £6k | Youth and Welfare |
| DUDLEY AND GEOFFREY COX CHARITABLE TRUST | FY2022 | £5k | Youth and Welfare |
| DUDLEY AND GEOFFREY COX CHARITABLE TRUST | FY2025 | £4k | Youth and Welfare |
| DUDLEY AND GEOFFREY COX CHARITABLE TRUST | FY2024 | £3k | Youth and Welfare |
| SALTERS' CHARITABLE FOUNDATION | FY2023 | £3k | Relief of Need - Other donations |
| ROTHERHITHE CONSOLIDATED CHARITIES | FY2024 | £2k | Grants to organisations |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The Mercers' Company | 07/03/2025 | £345k | Grant to Construction Youth Trust |
| The National Lottery Community Fund | 30/11/2022 | £498k | Building Opportunities in the Tri-borough |
| UK government | 05/10/2020 | £50k | Coronavirus Community Support Fund |
| London Borough of Southwark | 01/04/2020 | £2k | Grant to Construction Youth Trust |
| London Borough of Southwark | 01/04/2020 | £2k | Grant to Construction Youth Trust |
| London Borough of Southwark | 01/04/2019 | £35k | Grant to Construction Youth Trust |
| London Borough of Southwark | 01/04/2019 | £10k | Grant to Construction Youth Trust |
| London Borough of Southwark | 01/04/2019 | £8k | Grant to Construction Youth Trust |
| The Mercers' Company | 08/03/2019 | £350k | Grant to Construction Industry Trust for Youth |
| The National Lottery Community Fund | 22/02/2019 | £481k | Building Futures in the Tri-borough |
| Greater London Authority | 01/01/2019 | £150k | Young Londoners Fund |
| London Borough of Southwark | 01/04/2018 | £8k | Grant to Construction Youth Trust |
| London Borough of Southwark | 01/04/2018 | £10k | Grant to Construction Youth Trust |
| City Bridge Foundation | 16/07/2014 | £84k | Grant to Construction Youth Trust |
| The National Lottery Community Fund | 09/11/2011 | £342k | Constructing Capital Careers |
| The National Lottery Community Fund | 30/11/2009 | £50k | The Real Apprentice - 'Your Hired' |
| The National Lottery Community Fund | 24/09/2009 | £10k | Budding Brunels |
| The National Lottery Community Fund | 20/04/2009 | £5k | Pink Ladies |
| The National Lottery Community Fund | 11/04/2008 | £5k | Mobile Training Vehicle |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FIDELITY UK FOUNDATION | 1 | £150k |
| THE CHARLOTTE BONHAM-CARTER CHARITABLE TRUST | 1 | £138k |
| NORFOLK COMMUNITY FOUNDATION | 1 | £70k |
| THE MRS SMITH AND MOUNT TRUST | 1 | £25k |
| THE BLAGRAVE TRUST | 1 | £20k |
| THE KERRISON TRUST | 1 | £19k |
| THE REED FOUNDATION | 1 | £12k |
| THE SAVOY EDUCATIONAL TRUST | 1 | £10k |
Charities like this
- BRADFORD YOUTHBUILD TRUST LTD
- Construction Workers’ Charitable Trust
- E P YOUTH LTD
- CITB
- THE BARRY AND PEGGY HIGH FOUNDATION
- SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CONSTRUCTION INDUSTRY TRUST FOR YOUTH | £1.9m | £80,001 - £90,000 | 1 | below | — | no doubt |
| BRADFORD YOUTHBUILD TRUST LTD | £129k | — | 0 | unclear | — | no doubt |
| Construction Workers’ Charitable Trust | £391k | — | 0 | above | — | no doubt |
| E P YOUTH LTD | £159k | — | 0 | unclear | — | no doubt |
| CITB | £280.2m | — | — | unclear | — | no doubt |
| THE BARRY AND PEGGY HIGH FOUNDATION | £2.8m | — | — | unclear | — | no doubt |