Charity Accounts Intelreading the accounts so you don’t have to

THE KNIGHTLAND FOUNDATION

Registered charity 1143110 · accounts filings on the Charity Commission register

Latest income
£688k
Latest spending
£844k
Registered
2011
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity held free reserves of £638,807 against total funds of £4,831,216. The trustees confirmed they have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of accounting. The financial position is described as satisfactory, with the charity maintaining long-term investments to generate ongoing income.

What the accounts disclose

Reserves policy: a level which will not impinge on its ability to support Charitable Institutions (held: £639k)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level which will not impinge on its ability to support Charitable Institutions.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Professional fees of £28,500 paid to a company where one trustee is the sole shareholder.
“During the year the charity paid professional fees of £28,500 to a company where one of the trustees is the sole shareholder.” — page 20
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Professional fees paid to a company where one trustee is the sole shareholder.
“During the year the charity paid professional fees of £28,500 to a company where one of the trustees is the sole shareholder.” — page 20
“Property management services for the value of £78,368 (2023 - £62,367) were provided by Bellview Management (UK) Limited, a company under the control of a former trustee of the charity.” — page 23
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Property management services provided by Bellview Management (UK) Limited, a company under the control of a former trustee.
“During the year the charity paid professional fees of £28,500 to a company where one of the trustees is the sole shareholder.” — page 20
“Property management services for the value of £78,368 (2023 - £62,367) were provided by Bellview Management (UK) Limited, a company under the control of a former trustee of the charity.” — page 23
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Amounts owed by fellow group undertakings (related companies) included in debtors.
“During the year the charity paid professional fees of £28,500 to a company where one of the trustees is the sole shareholder.” — page 20
“Property management services for the value of £78,368 (2023 - £62,367) were provided by Bellview Management (UK) Limited, a company under the control of a former trustee of the charity.” — page 23
Per its FY2024 accounts as filed with the Charity Commission.
Governance: Charity Commission appointed joint interim managers on 7 April 2021 to help address concerns raised during a statutory inquiry.
“The charity commission appointed joint interim managers, John Dickinson and Joseph Colley, of Carter Backer Winter LLP, on 7 April 2021 to help address concerns at the charity that were raised during a statutory inquiry.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Glazers.

Charity Commission inquiry

The Commission opened the inquiry to investigate serious mismanagement, including unmanaged conflicts of interest and improper use of funds by former trustees. The inquiry concluded with the resignation of Trustee A, the resignation of three other former trustees, and the appointment of new independent trustees to restore proper governance.
Per the Commission’s published report. Summary is automated; the official report is authoritative.

Structured financials (annual return, FY ending 31/01/2025)

Total income
£688k
Total spending
£844k
Cost of raising funds
£370k
Reserves (reported)
£698k
Employees
0

Reported reserves equal ~9.9 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/01/2025£688k£844k
31/01/2024£833k£1.5m
31/01/2023£698k£450k
31/01/2022£729k£534k
31/01/2021£1.8m£1.1m

Common questions

Is THE KNIGHTLAND FOUNDATION financially healthy?

The accounts state that the charity held free reserves of £638,807 against total funds of £4,831,216. The trustees confirmed they have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of accounting. The financial position is described as satisfactory, with the charity maintaining long-term investments to generate ongoing income. Its FY2024 accounts were audited by Glazers.

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