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STEEL WARRIORS

Registered charity 1175317 · accounts filings on the Charity Commission register

Steel Warriors believe that young lives should be built on steel, not destroyed by it. We are an innovative sport for good charity, the only one in the UK to melt down seized knives turning the steel into outdoor gyms. Using the sport of calisthenics, we transform the lives of young people affected by crime, violence and social exclusion, giving them the skills and confidence they need to succeed.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Amateur Sport · Economic/community Development/employment · Recreation · website · Get email alerts

Latest income
£274k
Latest spending
£227k
Registered
2017
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £54,851, representing a net increase from the previous year. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future. No specific reserves policy target was stated in the filing.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: Under £60,000 — in the top quarter for charities its size (median £60k)
“No employee received remuneration amounting to more than £60,000 in either year.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Fundraising cost ratio: 4.4% of fundraised income, as disclosed
“Raising funds: Voluntary income 11,915”
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Simone Ming received £6,528 and Shakade Khan received £20,269 for calisthenic gym sessions.
“The charity also paid fees to the following trustees for calisthenic gym sessions. Simone Ming: £6,528 (2023: £5,577) and Shakade Khan: £20,269 (2023: £5,990).” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Legal advice received pro-bono from Herbert Smith Freehills LLP, of which one trustee is a partner. Valued at £19,345.
“The charity receives legal advice on a pro-bono basis from Herbert Smith Freehills LLP, of which one of the trustees is a partner. The advice has been valued at £19,345 (2023: £61,425) in these accounts.” — page 18
“The charity also paid fees to the following trustees for calisthenic gym sessions. Simone Ming: £6,528 (2023: £5,577)” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Simone Ming received £6,528 for calisthenic gym sessions.
“The charity receives legal advice on a pro-bono basis from Herbert Smith Freehills LLP, of which one of the trustees is a partner. The advice has been valued at £19,345 (2023: £61,425) in these accounts.” — page 18
“The charity also paid fees to the following trustees for calisthenic gym sessions. Simone Ming: £6,528 (2023: £5,577)” — page 18
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Steel Warriors (matched by registered charity number).

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

Structured financials (annual return, FY ending 31/12/2020)

Total income
£606k
Total spending
£584k
Cost of raising funds
£216
Reserves (reported)
£56k
Employees
2

Reported reserves equal ~1.1 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Charitable activities (99% 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: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

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
31/12/2024£274k£227k
31/12/2023£132k£131k
31/12/2022£140k£151k
31/12/2021£66k£77k
31/12/2020£606k£584k

Common questions

Is STEEL WARRIORS financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £54,851, representing a net increase from the previous year. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future. No specific reserves policy target was stated in the filing. Its FY2024 accounts were independently examined.

What does the highest-paid employee of STEEL WARRIORS earn?

Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.

Who funds STEEL WARRIORS?

Funders whose own accounts filings name STEEL WARRIORS as a grant recipient include THE WESTMINSTER FOUNDATION, CECIL PILKINGTON CHARITABLE TRUST, CHAPMAN CHARITABLE TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE WESTMINSTER FOUNDATIONFY2025£15kTowards delivery of an early intervention mentally healthy movement programme ‘Stormbreak Shine’, to support vulnerable, disadvantaged children and families in
CECIL PILKINGTON CHARITABLE TRUSTFY2025£3k
CHAPMAN CHARITABLE TRUSTFY2025£1k

Government & lottery funding

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

FunderDateAmountPurpose
Greater London Authority (GLA)09/04/2024£40kGo! London Fund- Made of Steel
Postcode Lottery29/03/2024£25kUnrestricted Funding