THE STEEL CHARITABLE TRUST

Registered charity 272384 · accounts filings on the Charity Commission register

Grants are made to a wide range of Charitable bodies and for other charitable purposes as the Trustees think fit

Objects

TO PAY OR APPLY OR CAUSE TO BE PAID OR APPLIED AT SUCH TIME OR TIMES AND IN SUCH MANNER AS THE TRUSTEES SHALL IN THEIR DISCRETION THINK FIT, THE INCOME, AND IF AND IN SO FAR AS THE TRUSTEES SHALL THINK FIT, THE CAPITAL OF THE TRUST FUND TO SUCH CHARITABLE BODIES, AND PARTICULARLY THOSE SPECIFIED IN THE SCHEDULE OR FOR SUCH OTHER PURPOSES AS SHALL BE EXCLUSIVELY CHARITABLE AS THE TRUSTEES MAY FROM TIME TO TIME DECIDE.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: Luton, East of England, England (from the postcode on the register)

Latest income
£937k
Latest spending
£1.6m
Registered
1976
Accounts read
FY2026

Financial health, per its FY2026 accounts

The accounts state that total unrestricted funds amounted to £56,937,856, with a reserves policy to maintain liquid funds sufficient to meet anticipated commitments. The Trust reported a reduction in unrestricted funds of £623,958 for the year, primarily due to grants expenditure exceeding investment income.

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

What the accounts disclose

Largest income source: none
“No fundraising is undertaken.” — page 5
Per its FY2026 accounts as filed with the Charity Commission.
Reserves policy: to ensure it maintains liquid funds sufficient to meet anticipated commitments (reserves figure: £56.9m)
“The Trust’s reserves policy is to ensure it maintains liquid funds sufficient to meet anticipated commitments.”
Per its FY2026 accounts as filed with the Charity Commission.

Accounts audited by UHY Hacker Young. Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/01/2026

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/01/2025

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/01/2024

  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Structured financials (annual return, FY ending 31/01/2026)

Total income
£937k
Total spending
£1.6m
Reserves (reported)
£56.9m
Employees
1

Per its annual return, largest income source: Investments (100% 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: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/01/2026£937k£1.6m
31/01/2025£1.1m£1.5m
31/01/2024£1.1m£1.2m
31/01/2023£1.3m£1.6m
31/01/2022£24.9m£1.3m

Common questions

Is THE STEEL CHARITABLE TRUST financially healthy?

Per its FY2026 accounts: The accounts state that total unrestricted funds amounted to £56,937,856, with a reserves policy to maintain liquid funds sufficient to meet anticipated commitments. The Trust reported a reduction in unrestricted funds of £623,958 for the year, primarily due to grants expenditure exceeding investment income. Its FY2026 accounts were audited by UHY Hacker Young.

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
THE JORDAN CHARITABLE FOUNDATION1£80k
VENDQUOT LIMITED1£6k
ABG TRUST FUND1£4k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE STOW ALLEN TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE STEEL CHARITABLE TRUST£937k—0unclear—no doubt
THE STOW ALLEN TRUST FY2025£34k—0unclear—no doubt
THE STOCKWELL/CLIFFE CHARITABLE TRUST FY2025£99k—0unclear—no doubt
S STERLING CHARITABLE TRUST FY2026£216k—0unclear—no doubt
THE EARLE AND STUART CHARITABLE TRUST FY2025£83k—0unclear—no doubt
THE FORT TRUST FY2026£29k—0above—no doubt

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