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WK FOUNDATION

Registered charity 1203798 · accounts filings on the Charity Commission register

In order to fulfil its charitable purposes, the Charity provides training to young people from disadvantaged backgrounds with a view to enabling them to secure employment which may be with Well Kneaded (a social enterprise) or elsewhere. The Charity seeks to grow the skills of beneficiaries and increase their chances of long-term employment.

Causes: The Prevention Or Relief Of Poverty · Get email alerts

Latest income
£106k
Latest spending
£91k
Registered
2023
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a net surplus of £14,369 for the year, bringing total net assets to £35,565. Per the trustees' report, the charity has not yet reached its target of maintaining reserves equivalent to three months of operating costs, with current unrestricted reserves of £26,289 against a stated policy target of £28,500.

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

What the accounts disclose

Largest income source: Grants (55% of income)
“Grants (55%): £58,456 to core programme delivery operations.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £26k; policy: three months of operating costs)
“Although the charity has not yet reached its target of maintaining reserves equivalent to three months of operating costs, a net surplus of £14,369 contributed toward building this reserve.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
30/06/2025£106k£91k
30/06/2024£41k£19k

Common questions

Is WK FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity generated a net surplus of £14,369 for the year, bringing total net assets to £35,565. Per the trustees' report, the charity has not yet reached its target of maintaining reserves equivalent to three months of operating costs, with current unrestricted reserves of £26,289 against a stated policy target of £28,500. Its FY2025 accounts were independently examined.

Who funds WK FOUNDATION?

Funders whose own accounts filings name WK FOUNDATION as a grant recipient include THE WILLIAM ALLEN YOUNG CHARITABLE TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE WILLIAM ALLEN YOUNG CHARITABLE TRUSTFY2025£2k