Finance Score: 2
Governance Score: 6
Support Score: 12
  • Strong growth: +2
  • Good trustee age range: +3
  • Dynamic board: +3
  • Overall weighted support: +12
Overall GiG Score: 20 ?

THE ALBERT KENNEDY TRUST 

AKT’s Mission is to ensure that all lesbian, gay, bisexual and trans young people are able to live in accepting, supportive and caring homes, by providing a range of services to meet the individual needs of those who would otherwise be homeless or living in a hostile environment.
Analysis by Giving is Great

Positives:

  • The charity has received backing from several prominent grant makers recently
  • There has been strong growth in spending over the last 5 years
  • There have been no material income shortfalls in recent years
  • The Board appears to be well diversified in terms of age and dynamic in terms of composition

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£2,442£2,685£-243£355£2,193£2,0539.250150
31/03/22£2,745£2,184£561£365£2,436£2,21412.239120
31/03/21£1,909£1,663£246£318£1,746£1,74612.63255
31/03/20£2,157£1,517£640£427£1,501£1,50111.927174
31/03/19£1,529£1,327£202£302£861£8537.723123
31/03/18£1,323£1,106£218£246£658£6447200
31/03/17£1,036£985£51£225£441£4275.2170
31/03/16*£1,040£961£79£221£390£3894.9160
31/03/15£1,013£1,023£-10£173£325£2923.4180
31/03/14*£1,028£987£41£173£334£2382.9160
31/03/13£590£543£47£154£293£1332.9100
31/03/12*£690£543£147£103£376£1583.5100
31/03/11£535£451£84£97£229£2246100
31/03/10£431£397£34£0£0£0n/a00
31/03/09£338£338£1£0£0£0n/a00
31/03/08*£258£254£3£0£0£0n/a00
31/03/07*£163£272£-109£0£0£0n/a00
31/03/06£257£282£-25£0£0£0n/a00
31/03/05£277£240£37£0£0£0n/a00
31/03/04£244£262£-17£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 14.6%
Fundraising Costs/Total Spending: 13.2%
Senior Staff Costs/Total Spending: 6%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 11%
Liabilities/Income: 12%
Unrestricted Funds/Total Funds: 94%
Reserves/Spending: 9.2 months
Net Current Assets/Spending: 10 months
Quick Ratio: 3.4
Asset Split ?
Established: 22 years

www.akt.org.uk

contact@akt.org.uk

02078316562

Charity Commission for England and WalesCompanies HouseFacebookInstagramXYouTube
UN SDGs
?
Listed activities
  • Accommodation/Housing
  • Education/Training
GiG Classification
  • Support for specific genders
How it operates
  • Provides advocacy/advice/information
  • Provides services
Where it operates
  • Throughout England And Wales,
Who it helps
  • Children/Young People

Who supports them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
Paul Hamlyn Foundation£150,000
Garfield Weston Foundation£100,000
Henry Smith Charity£88,600
City Bridge Trust£67,500
National Lottery Community Fund£45,129
Comic Relief£40,000
Dulverton Trust£35,000
Specific Donations
Amount When
Months
To be used for
London Catalyst - Albert Kennedy Trust (AKT) - 6
£1,200 15/11/2022
Hardship Fund
Paul Hamlyn Foundation - Safe homes and better futures for young LGBTQ+ people
£150,000 18/07/2022
The Albert Kennedy Trust (‘akt’) provides support, advice and guidance to young people aged 16-25 who are lesbian, gay, bisexual, transgender or questioning (LGBTQ+) and who are homeless or ....more
Dulverton Trust - Core Funding 22-23
£35,000 08/06/2022
Core Funding 22-23
Garfield Weston Foundation - Multi-Year Grant (2 Years) award
£50,000 11/03/2022
24
Core Revenue Costs
Indigo Trust - Supporting lgbtq+ young people aged 16-25 in the uk who are facing or experiencing homelessness
£2,000 25/01/2022
Unrestricted funding
The Ballinger Charitable Trust - Grant to Albert Kennedy Trust
£10,000 03/12/2021
Senior Manager salary (Newcastle)
Community Foundation serving Tyne & Wear and Northumberland - A grant to The Albert Kennedy Trust
£1,000 29/04/2021
The charity's work in the North East
National Lottery Community Fund - (wave 5 LCRF) AKT
£45,129 18/03/2021
11
The project is using funding to continue supporting young LGBTQ+ people aged 16-25 who are homeless or living in a hostile environment across greater London. The group supports young people who are ....more
Garfield Weston Foundation - Multi-Year Grant (2 Years) award
£50,000 12/03/2021
24
Core Revenue Costs
Community Foundation Tyne & Wear & Nthmbrlnd - the charity’s costs of running its Newcastle services
£7,000 28/01/2021
the charity’s costs of running its Newcastle services
City Bridge Trust - Grant to The Albert Kennedy Trust
£10,000 15/12/2020
0
Comic Relief - akt Safe Homes and Better Futures
£40,000 10/12/2020
We request funding towards our core services to provide safe homes and ensure better futures for young LGBTQ+ people aged 16-25 who are facing homelessness. This programme is managed by our ....more
LGBT Consortium - Grant to Albert Kennedy Trust
£5,000 29/09/2020
Funding for young LGBT+ people who are homeless, to help lessen the impact of Covid, enabling them to buy essentials, such as food vouchers, mobiles and also to help them to access emergency ....more
DCMS - Coronavirus Community Support Fund
£14,625 22/09/2020
"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to ....more
Trust for London - Albert Kennedy Trust
£14,625 02/09/2020
6
The funding is to employ an additional full-time caseworker to help young LGBTQ+ people who are homeless or living in a hostile environment in Greater London to offer advice and guidance and help ....more
Henry Smith Charity - Grant to Albert Kennedy Trust
£88,600 10/06/2020
36
towards three years' salary of a Specialist Caseworker for a project providing advice and support to a diverse range of young LGBTQ+ people who are homeless, at risk of homelessness or living in a ....more
Quartet Community Foundation - Grant to The Albert Kennedy Trust (akt)
£5,000 27/05/2020
Toward a Covid-19 Emergency Support and Befriending scheme for young LGBTQ+ people aged 16-25 living in a hostile environment or at risk of homelessness.
City Bridge Trust - Grant to Albert Kennedy Trust
£57,500 25/07/2019
24
£57,500 over two further and final years (£27,500, £30,000) towards the salary costs of the f/t post of London Service Manager.
The Ballinger Charitable Trust - Grant to Albert Kennedy Trust
£30,000 23/11/2018
36
Senior Manager salary (Newcastle)
Community Foundation serving Tyne & Wear and Northumberland - Contribution to staffing costs of Newcastle based Senior Practitioner
£6,124 05/04/2018
Contribution to staffing costs of Newcastle based Senior Practitioner
The Rayne Foundation - Grant to The Albert Kennedy Trust
£20,000 29/09/2016
24
Towards the salary of a front-line Senior Practitioner based in Manchester supporting young LGBT people.
City Bridge Trust - Grant to Albert Kennedy Trust
£90,000 18/03/2016
36
£90,000 over 3 years (3 x £30,000) towards the salary costs of the full-time post of London Senior Practitioner.
Henry Smith Charity - Grant to Albert Kennedy Trust
£75,000 10/03/2016
12
towards three years' salary of the London Caseworker at a project providing support, advice and guidance to young LGBTQ people in London
Community Foundation Tyne & Wear & Nthmbrlnd - Towards AKT Newcastle Administration Officer
£2,913 18/02/2016
Towards AKT Newcastle Administration Officer
Comic Relief - National e-mentoring service for young LGBT people
£90,166 27/01/2016
36
A disproportionate number of young homeless people are lesbian, gay, bisexual or transgender (LGBT). Despite a less hostile environment for some LGBT people, some young people are still forced to ....more
Paul Hamlyn Foundation - The grant will fund the salary of the Deputy Chief Executive for two years.
£21,250 17/11/2015
24
They will expand and consider franchising their successfully piloted e-mentoring scheme, providing online access to support, training and advice to LGBT young people. Alongside expanding and refining ....more
Esmee Fairbairn - Grant to The Albert Kennedy Trust
£90,978 27/08/2014
Towards costs to replicate the supported lodging and mentoring scheme in the North East, supporting LGBT young people who are facing homelessness.
Indigo Trust - Unrestricted funding for homeless charity
£3,000 27/01/2014
Unrestricted core funding.
Lloyds Bank Foundation - Grant to Albert Kennedy Trust
£15,000 29/07/2013
This is a project supporting young people aged 16-25 years who are from the LGBT Community and who are homeless to find appropriate accommodation and support.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)
Current Trustees appointed
Gender Split
Based on 9/11 persons

Age Range of Trustees: 35-60
  • THOMAS FLYNN Appointed: 2018, Occupation: Charity Chief Executive
  • YONI EJO Appointed: 2021, Occupation: Social Work Manager
Legal constitution
  • Charitable company registered in England & Wales on 16/09/2002, number: 1093815
  • Registered at Companies House on 25/07/2002, number: 04494989
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
20 returns made; AR16: 2 days late, AR14: 17 days late, AR12: 2 days late, AR08: 0 days late, AR07: 41 days late,
Main office

Unit 3.1
128 Hoxton Street
LONDON
N1 6SH

Objectives

(1) To relieve lesbian, gay, bisexual and trans young persons in conditions of need, hardship or distress by advancing education and training and by providing or assisting in the provision of accommodation, information, advocacy advice, counselling and other forms of assistance for such young persons who have a need thereof.

Defined Area of Benefit:

NATIONAL

Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase

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