WORDSMITH AWARDS

Registered charity 1181088 · accounts filings on the Charity Commission register · also known as YOUNG IDENTITY

We develop literacy, critical thinking and active citizenship for young people, through experimenting with literature and combined arts. We nurture the talent of tomorrow. We empower disadvantaged and under-represented young people to fulfil their artistic potential. We do this through writing and performance workshops.

Causes: Education/training · Arts/culture/heritage/science · Economic/community Development/employment · website · Get email alerts

Latest income
£485k
Latest spending
£491k
Registered
2018
Accounts read
FY2026

Financial health, per its FY2026 accounts

The accounts state that the charity ended the year with a deficit of £6,168, though the trustees consider the organisation financially stable with healthy cash flow. Free/unrestricted reserves stood at £189,276, which is above the stated policy target of £52,944. The charity relies heavily on grant funding, which constituted 82% of total income.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Grants (82% of income)
“Revenue is derived by earned income and grants, with 82% derived from grant funding and 18% from earned income.”
Per its FY2026 accounts as filed with the Charity Commission.
Reserves policy: a minimum level of £52,944 should be maintained to provide sufficient funds to meet the costs associated with an orderly wind-down of the organisation (held: £189k)
“The Trustees review the charity’s reserves policy annually and have agreed that a minimum level of £52,944 should be maintained to provide sufficient funds to meet the costs associated with an orderly wind-down of the organisation, should this be required.” — page 12
Per its FY2026 accounts as filed with the Charity Commission.
Payments to trustees: One trustee (Nasima Begum) received fees of £15,452 for workshop facilitation. One trustee (Tolu Agbelusi) received fees of £960 for legal support.
“One trustee (Nasima Begum) received fees of £15,452 for workshop facilitation during this period and one trustee (Tolu Agbelusi) received fees of £960 for legal support.” — page 25
Per its FY2026 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Nasima Begum received fees for workshop facilitation.
“One trustee (Nasima Begum) received fees of £15,452 for workshop facilitation during this period and one trustee (Tolu Agbelusi) received fees of £960 for legal support.” — page 25
“One trustee (Nasima Begum) received fees of £15,452 for workshop facilitation during this period and one trustee (Tolu Agbelusi) received fees of £960 for legal support.” — page 25
Per its FY2026 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Tolu Agbelusi received fees for legal support.
“One trustee (Nasima Begum) received fees of £15,452 for workshop facilitation during this period and one trustee (Tolu Agbelusi) received fees of £960 for legal support.” — page 25
“One trustee (Nasima Begum) received fees of £15,452 for workshop facilitation during this period and one trustee (Tolu Agbelusi) received fees of £960 for legal support.” — page 25
Per its FY2026 accounts as filed with the Charity Commission.
Related-party transaction: Toluwa Productions (company run by trustee Tolu Agbelusi) was paid for legal support.
“One trustee (Nasima Begum) received fees of £15,452 for workshop facilitation during this period and one trustee (Tolu Agbelusi) received fees of £960 for legal support.” — page 25
“One trustee (Nasima Begum) received fees of £15,452 for workshop facilitation during this period and one trustee (Tolu Agbelusi) received fees of £960 for legal support.” — page 25
Per its FY2026 accounts as filed with the Charity Commission.
Related-party transaction: Toluwa Productions received co-production fees.
“One trustee (Nasima Begum) received fees of £15,452 for workshop facilitation during this period and one trustee (Tolu Agbelusi) received fees of £960 for legal support.” — page 25
“One trustee (Nasima Begum) received fees of £15,452 for workshop facilitation during this period and one trustee (Tolu Agbelusi) received fees of £960 for legal support.” — page 25
Per its FY2026 accounts as filed with the Charity Commission.

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

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

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/03/2026£485k£491k
31/03/2025£461k£348k
31/03/2024£401k£345k
31/03/2023£193k£232k
31/03/2022£233k£192k

Common questions

Is WORDSMITH AWARDS financially healthy?

Per its FY2026 accounts: The accounts state that the charity ended the year with a deficit of £6,168, though the trustees consider the organisation financially stable with healthy cash flow. Free/unrestricted reserves stood at £189,276, which is above the stated policy target of £52,944. The charity relies heavily on grant funding, which constituted 82% of total income. Its FY2026 accounts were independently examined.

Who funds WORDSMITH AWARDS?

Funders whose own accounts filings name WORDSMITH AWARDS as a grant recipient include THE NATIONAL FOUNDATION FOR YOUTH MUSIC.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE NATIONAL FOUNDATION FOR YOUTH MUSICFY2024£14k

Government & lottery funding

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

FunderDateAmountPurpose
UK government13/10/2022£250kNational Portfolio Organisations
UK government13/10/2022£250kNational Portfolio Organisations
The National Lottery Community Fund22/09/2022£274kYoung Identity
UK government26/08/2020£46kCoronavirus Community Support Fund

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ARTSWORK LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WORDSMITH AWARDS£485k—0unclear—no doubt
ARTSWORK LIMITED FY2025£1.9m——unclear—no doubt
LLENYDDIAETH CYMRU - LITERATURE WALES FY2025£1.3m——unclear—no doubt
THE NATIONAL LITERACY TRUST FY2025£14.3m——below—no doubt
THE WILBUR AND NISO SMITH FOUNDATION FY2024£160k—0unclear—no doubt
LYRIC THEATRE HAMMERSMITH LIMITED FY2025£6.7m£80,001 - £90,0003unclear—no doubt

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