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THE MILLENNIUM AWARDS TRUST

Registered charity 1095749 · accounts filings on the Charity Commission register

To award grants of money to, and providing services, facilities and other forms of assistance for, individuals resident in any country or territory within the UK.

Causes: Education/training · The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts

Latest income
£4.9m
Latest spending
£5.4m
Registered
2003
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds substantial endowment assets with a real value of £182.3 million and unrestricted reserves of £13.9 million. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern, supported by high liquidity and forecasted investment income sufficient to cover activities.

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

What the accounts disclose

Largest income source: Endowment (100% of income)
“MAT had one main source of funding during the year. The Endowment was established by a grant of £100,000,000 from the Millennium Commission.” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: an income reserve that would sustain the spending level of the Millennium Awards scheme when likely future income is also taken into account (held: £13.9m)
“The Trustee aims to maintain an income reserve that would sustain the spending level of the Millennium Awards scheme when likely future income is also taken into account.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The accounts state that no disclosure has been made of transactions with the parent undertaking (UnLtd) in accordance with FRS102 exemptions.
“There have been no related party transactions in the year other than those between the charity and its parent undertaking. No disclosure has been made within these financial statements of such transactions in accordance with the exemptions allowed by FRS102.” — page 27
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by PKF Littlejohn LLP. Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): instagram

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

Total income
£4.9m
Total spending
£5.4m
Cost of raising funds
£1.0m
Reserves (reported)
£13.9m
Employees
0

Reported reserves equal ~30.8 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Investments (98% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 20.4% of total income — in the top quarter for charities its size (median 5.2%) (benchmarks).

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£4.9m£5.4m
31/03/2024£5.2m£5.8m
31/03/2023£4.1m£3.1m
31/03/2022£3.5m£3.2m
31/03/2021£3.5m£5.8m

Common questions

Is THE MILLENNIUM AWARDS TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds substantial endowment assets with a real value of £182.3 million and unrestricted reserves of £13.9 million. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern, supported by high liquidity and forecasted investment income sufficient to cover activities. Its FY2025 accounts were audited by PKF Littlejohn LLP.

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.

FunderSimilar charities fundedAmount to them
THE PACKARD FOUNDATION1£720k
ST EDMUNDS TRUST1£12k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE MILLENNIUM TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE MILLENNIUM AWARDS TRUST£4.9m—0unclear—no doubt
THE MILLENNIUM TRUST FY2025£2.8m—0unclear—no doubt
A MILLION REALITIES FOUNDATION FY2025£1.0m—0above—no doubt
THE MILLENNIUM OAK TRUST FY2025£287k—0unclear—no doubt
THE MILA CHARITABLE ORGANISATION FY2025£465k—0above—no doubt
MILLIE'S WATCH FY2025£112k—0unclear—no doubt

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