DAME KELLY HOLMES TRUST
We are a UK youth sports charity which supports 11 to 25 year olds in both education and in the community. We use the power of world class athletes to train and mentor young people to achieve their potential through personal, social and emotional development programmes. In partnerships nationally and locally, our programmes increase the self esteem, confidence and resilience of the young people.
Objects
3. OBJECTSThe Objects for which the Trust is established are, for the public benefit:(a) to advance the education, development and improvement of young people through, among others, the provision of mentoring, personal, social and emotional development programmes; (b) to provide support and activities for young people which develop their confidence, skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals;(c) to liaise with national and local partnerships to encourage young people’s engagement in education and within their local community; and(d) to encourage and assist young people to seek employment opportunities, become leaders within their local community, achieve in education and improve their wellbeing.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves were £55,507 at the year-end, having recovered from a deficit in the prior year. However, the auditors have identified a material uncertainty regarding the charity's ability to continue as a going concern, citing negative unrestricted reserves in interim management accounts and reliance on unconfirmed income. The trustees maintain that mitigating actions, including cost-saving measures and active contract negotiations, support the appropriateness of the going concern basis.
What the accounts disclose
“three months of operating costs” — page 13
“These events or conditions indicate that a material uncertainty exists that may cast significant doubt on the charitable company’s ability to continue as a going concern” — page 27
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → material uncertainty (FY2025).
Policies the charity declares
- Bullying and harassment 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
- 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: 6
- Government income: £88,700 — contracts £81,200 (1), grants £7,500 (1); 8% of the £1,048,632 total gross income on the same return
- Employees paid over £60,000: 1 (£60,001–£70,000: 1)
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Government income: £10,000 — grants £10,000 (1); 2% of the £600,333 total gross income on the same return
- Employees paid over £60,000: 1 (£60,001–£70,000: 1)
In the news
Leadership, per the charity’s website
- Jo McDiarmid — Interim CEO
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Samantha Busseychair
- Helen Clare Donovan
- Philip Bunt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.0m | £946k |
| 31/03/2024 | £769k | £882k |
| 31/03/2023 | £600k | £908k |
| 31/03/2022 | £642k | £1.1m |
| 31/03/2021 | £1.5m | £789k |
Common questions
Is DAME KELLY HOLMES TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves were £55,507 at the year-end, having recovered from a deficit in the prior year. However, the auditors have identified a material uncertainty regarding the charity's ability to continue as a going concern, citing negative unrestricted reserves in interim management accounts and reliance on unconfirmed income. The trustees maintain that mitigating actions, including cost-saving measures and active contract negotiations, support the appropriateness of the going concern basis. Its FY2025 accounts were audited by Third Sector Accountancy.
Who funds DAME KELLY HOLMES TRUST?
Funders whose own accounts filings name DAME KELLY HOLMES TRUST as a grant recipient include JACOBS FUTURA FOUNDATION, GREAT ORMOND STREET HOSPITAL CHILDREN'S CHARITY, BEYOND SPORT FOUNDATION, PETER HARRISON FOUNDATION, THE BRITFORD BRIDGE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| JACOBS FUTURA FOUNDATION | FY2025 | £1.6m | Athletes grants |
| GREAT ORMOND STREET HOSPITAL CHILDREN'S CHARITY | FY2025 | £80k | Wellbeing Pilot Programme |
| BEYOND SPORT FOUNDATION | FY2021 | £25k | |
| PETER HARRISON FOUNDATION | FY2024 | £25k | towards the core costs of mentoring programmes in Thanet, Kent |
| THE BRITFORD BRIDGE TRUST | FY2022 | £15k | Secondary - The advancement of amateur sport |
| THE BRITFORD BRIDGE TRUST | FY2023 | £15k | Primary |
| THE WESTMINSTER FOUNDATION | FY2024 | £10k | Funding towards ‘On Track to Achieve’ programme which provides wellbeing mentoring for disadvantaged young people. |
| THE LAWSON TRUST CIO | FY2025 | £5k | |
| THE J G GRAVES CHARITABLE TRUST | FY2025 | £3k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 29/05/2024 | £225k | 2024 Pilot Fund |
| The National Lottery Community Fund | 31/03/2022 | £50k | In My Opinion (IMO) |
| The National Lottery Community Fund | 23/01/2020 | £1k | Youth Voices 2020 |
| Sport England | 30/10/2018 | £749k | Coastal Communities |
| Greater London Authority | 04/08/2017 | £50k | Getting Back on Track (YIF) |
| UK government | 19/07/2017 | £40k | Get on Track - For women and girls facing disadvantage |
| Sport England | 28/03/2017 | £207k | SfSD - Community Champions |
| Sport England | 24/02/2017 | £100k | SfSD - Sustainability funding |
| Sport England | 03/05/2016 | £629k | Get on Track Programme |
| Sport England | 07/04/2015 | £1.9m | Get on Track Programme |
| Sport England | 29/05/2014 | £2.0m | Get on Track Programme |
| Sport England | 22/04/2013 | £1.5m | Get on Track Programme |
| Sport England | 16/11/2012 | £829k | Get on Track Programme |
| Sport England | 06/10/2009 | £15k | Backing Talent East London (Year 2) |
| Sport England | 16/07/2009 | £75k | The Dame Kelly Holmes (DKH) Legacy Trust ‘Harnessing Talent’ |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ERANDA ROTHSCHILD FOUNDATION | 1 | £357k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £314k |
| THE WIMBLEDON FOUNDATION | 1 | £255k |
| THE BALLINGER CHARITABLE TRUST | 1 | £70k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £51k |
| CEO SLEEPOUT | 1 | £34k |
| Point North Community Foundation | 1 | £32k |
| THE CHILDHOOD TRUST | 1 | £15k |
Charities like this
- YOUTH SPORT TRUST
- HITCHIN YOUTH TRUST
- YOUTH EXPERIENCE IN SPORT
- DURHAM AREA YOUTH
- TOWER HAMLETS YOUTH SPORT FOUNDATION
- THE YOUTH SPORT UK CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| DAME KELLY HOLMES TRUST | £1.0m | — | — | unclear | — | material uncertainty |
| YOUTH SPORT TRUST | £12.2m | £140,001 - £150,000 | — | above | — | no doubt |
| HITCHIN YOUTH TRUST | £265k | — | 0 | unclear | — | no doubt |
| YOUTH EXPERIENCE IN SPORT | £133k | — | 0 | unclear | — | no doubt |
| DURHAM AREA YOUTH | £257k | — | 0 | unclear | — | no doubt |
| TOWER HAMLETS YOUTH SPORT FOUNDATION | £587k | — | 0 | unclear | — | no doubt |