KINDRED SQUARED
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £481,692 for the year ended 31 May 2025, with unrestricted reserves increasing to £490,440. The trustees consider these reserves appropriate given the charity's policy to keep unrestricted funds at no more than six months' expenditure, supported by a four-year funding agreement from its primary donor. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Corporate structure
- Registered company of the charity Companies House 12633929
What the charity says about itself
“Children from socio-economically disadvantaged backgrounds start school over 4.5 months behind their more advantaged peers”
“40% of the attainment gap at 16 is already evident by the time children start school”
“76% of mothers who pay for childcare say it doesn’t make financial sense to work”
“More than one in three (36%) children in families with a child under five in the UK are living in poverty, amounting to 2.2 million children”
Leadership, per the charity’s website
- Ian Armitage — Chair
- Felicity Gillespie — Chief Executive
Structured financials (annual return, FY ending 31/05/2025)
Trustees
- IAN ARMITAGEchair
- Daniel Bowen Singer
- Frances Jacob
- John Clennett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £1.3m | £798k |
| 31/05/2024 | £253k | £551k |
| 31/05/2023 | £653k | £440k |
| 31/05/2022 | £401k | £400k |
| 31/05/2021 | £682k | £589k |
Common questions
Is KINDRED SQUARED financially healthy?
The accounts state that the charity reported a surplus of £481,692 for the year ended 31 May 2025, with unrestricted reserves increasing to £490,440. The trustees consider these reserves appropriate given the charity's policy to keep unrestricted funds at no more than six months' expenditure, supported by a four-year funding agreement from its primary donor. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Sedulo Audit Limited.
Who funds KINDRED SQUARED?
Funders whose own accounts filings name KINDRED SQUARED as a grant recipient include THE MASTER CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE MASTER CHARITABLE TRUST | FY2023 | £550k |
| THE MASTER CHARITABLE TRUST | FY2024 | £450k |
| THE MASTER CHARITABLE TRUST | FY2022 | £400k |