THE STEEL CHARITABLE TRUST
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.
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.
What the accounts disclose
“No fundraising is undertaken.” — page 5
“The Trust’s reserves policy is to ensure it maintains liquid funds sufficient to meet anticipated commitments.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
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
Structured financials (annual return, FY ending 31/01/2026)
Trustees
- Peter Daychair
- Jonathan Marcus Robert Finch
- NICHOLAS EDWARD WEATHERLEY WRIGHT
- PHILIP CAZENOVE LAWFORD
- Sophie Emily Wilkins
- WENDY ELIZABETH BAILEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JORDAN CHARITABLE FOUNDATION | 1 | £80k |
| VENDQUOT LIMITED | 1 | £6k |
| ABG TRUST FUND | 1 | £4k |
Charities like this
- THE STOW ALLEN TRUST
- THE STOCKWELL/CLIFFE CHARITABLE TRUST
- S STERLING CHARITABLE TRUST
- THE EARLE AND STUART CHARITABLE TRUST
- THE FORT TRUST
- TRELIX CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE STEEL CHARITABLE TRUST | £937k | — | 0 | unclear | — | no doubt |
| THE STOW ALLEN TRUST | £34k | — | 0 | unclear | — | no doubt |
| THE STOCKWELL/CLIFFE CHARITABLE TRUST | £99k | — | 0 | unclear | — | no doubt |
| S STERLING CHARITABLE TRUST | £216k | — | 0 | unclear | — | no doubt |
| THE EARLE AND STUART CHARITABLE TRUST | £83k | — | 0 | unclear | — | no doubt |
| THE FORT TRUST | £29k | — | 0 | above | — | no doubt |