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UNLOCKED GRADUATES

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

Latest income
£3.5m
Latest spending
£3.8m
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total income for the year was £4,527,027, with the majority derived from a contract with the Ministry of Justice. The charity reported a net surplus of £244,144 and holds free unrestricted reserves of £310,720, which is below the trustees' stated minimum policy target of £400,000.

What the accounts disclose

Employees paid over £60,000: 3
“During the current accounting period, there were three (2023 - three) employees who earned £60,000 or more” — page 32
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: £400,000 (held: £311k)
“The trustees have approved a minimum level of free unrestricted reserves of £400,000.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott LLP.

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

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).

Trustees

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?

The accounts state that total income for the year was £4,527,027, with the majority derived from a contract with the Ministry of Justice. The charity reported a net surplus of £244,144 and holds free unrestricted reserves of £310,720, which is below the trustees' stated minimum policy target of £400,000. Its FY2024 accounts were audited by Buzzacott LLP.

Who funds UNLOCKED GRADUATES?

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

Known funders

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

FunderYearAmount
GARFIELD WESTON FOUNDATIONFY2024£310k
The Goldsmiths' FoundationFY2023£30k
THE CHRISTOPHER AND HENRY OLDFIELD TRUSTFY2023£25k
THE CHRISTOPHER AND HENRY OLDFIELD TRUSTFY2024£20k
THE ADRIAN SWIRE CHARITABLE TRUSTFY2023£5k
THE PORTRACK CHARITABLE TRUSTFY2023£5k
THE PORTRACK CHARITABLE TRUSTFY2024£5k

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.

FunderSimilar charities fundedAmount to them
MENDAN LIMITED1£27k
SAYSER DEVELOPMENTS LTD1£21k
S C K CHARITABLE TRUST1£11k
KEREN TRUST1£4k
SIR ROBERT GEFFERY'S ALMSHOUSE TRUST1£4k
THE COMPANY OF ARTS SCHOLARS CHARITABLE TRUST1£3k
THE WORSHIPFUL COMPANY OF CUTLERS GENERAL CHARITABLE FUND1£3k
SALTERS' CHARITABLE FOUNDATION1£1k

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