UNLOCKED GRADUATES

Registered charity 1187552 · accounts filings on the Charity Commission register · also known as UNLOCKED, UNLOCKED GRADS

To promote the rehabilitation and education of prisoners and ex-prisoners and the reduction of reoffending by:(i) the provision of a specialised programme of education and training for graduate prison officers;(ii) the education and training of those engaged in the prison and probation services and the criminal justice system in the rehabilitation and education of prisoners and ex-prisoners.

Causes: Education/training · Other Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£3.5m
Latest spending
£3.8m
Registered
2020
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a net expenditure of £249,616 for the year, reducing its total reserves from £818,188 to £568,572. While unrestricted reserves of £430,897 remain above the trustees' policy target of £400,000, the auditor has identified a material uncertainty regarding the charity's ability to continue as a going concern beyond October 2026 due to the lack of a confirmed Ministry of Justice contract.

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

What the accounts disclose

Employees paid over £60,000: 6
“During the current accounting period, there were six (2024 - three) employees who earned £60,000 or more” — page 32
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Contract with the Ministry of Justice (93% of income)
“The main source of income was from our contract with the Ministry of Justice which generated income of £3,301,107”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £400,000 (held: £431k)
“Based on forecast expenditure for 2025-26, the trustees have approved a minimum level of free unrestricted reserves of £400,000”
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“The absence of a confirmed MoJ contract beyond October 2026 creates a material uncertainty regarding the charity’s ability to continue as a going concern beyond that point.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott Audit LLP. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

Public fundraising profile: JustGiving — Unlocked Graduates (matched by registered charity number).

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

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

Total income
£3.5m
Total spending
£3.8m
Cost of raising funds
£54k
Reserves (reported)
£431k
Employees
40

Reported reserves equal ~1.4 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (93% 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: 1.5% of total income — below the median for charities its size (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£3.5m£3.8m
31/03/2024£4.5m£4.3m
31/03/2023£4.2m£4.4m
31/03/2022£4.0m£3.9m
31/03/2021£2.6m£1.9m

Common questions

Is UNLOCKED GRADUATES financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £249,616 for the year, reducing its total reserves from £818,188 to £568,572. While unrestricted reserves of £430,897 remain above the trustees' policy target of £400,000, the auditor has identified a material uncertainty regarding the charity's ability to continue as a going concern beyond October 2026 due to the lack of a confirmed Ministry of Justice contract. Its FY2025 accounts were audited by Buzzacott Audit LLP.

Who funds UNLOCKED GRADUATES?

Funders whose own accounts filings name UNLOCKED GRADUATES as a grant recipient include GARFIELD WESTON FOUNDATION, THE ADRIAN SWIRE CHARITABLE TRUST, The Goldsmiths' Foundation, THE CHRISTOPHER AND HENRY OLDFIELD TRUST, THE PORTRACK CHARITABLE TRUST.

Known funders

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

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 THE CLINK CHARITY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
UNLOCKED GRADUATES£3.5m—6unclear—material uncertainty
THE CLINK CHARITY FY2024£6.9m——below—no doubt
THE KEY - UNLOCK POTENTIAL FY2025£206k—0above—no doubt
JUSTICE DEFENDERS FY2024£2.1m£170,001 - £180,0001unclear—no doubt
WALK MINISTRIES FY2025£1.4m—0unclear—no doubt
THE RIGHT COURSE FY2025£186k£100,001 - £110,0001unclear—no doubt

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