What is the financial size of FIRST STEP TRUST?

FIRST STEP TRUST is classified as a large charity. In the latest financial year, they reported a total income of £1,407,878 and total expenditure of £1,278,337.

How does FIRST STEP TRUST allocate its spending?

For every pound spent, approximately 100.0% goes directly to charitable activities. The remaining 0.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.8%).

What is the workforce structure of FIRST STEP TRUST?

FIRST STEP TRUST employs 21 staff members and is supported by 95 volunteers.

Does FIRST STEP TRUST receive government funding?

Yes. Approximately 64.3% of their income comes from government grants or contracts.

Does FIRST STEP TRUST pay its trustees?

Yes, the latest data indicates that one or more trustees receive payments or personal benefits from the charity.

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FIRST STEP TRUST

#1077959

Charitable company•Large•Registered

www.firststeptrust.org.uk

Fst seeks to enable socially excluded people experiencing enduring mental health problems & other disadvantages to have the opportunity to work & to access paid employment. Fst, in partnership with statutory agencies & other partners, sets up projects that assist its service users to gain work skills & qualifications while overcoming the barriers & difficulties to employment in their daily life.

Registered address

UNIT 9 KINGSIDE BUSINESS PARK, RUSTON ROAD, LONDON, SE18 5BX

Latest HighlightsFY 2024

Income

All sources

£1,407,878

Expenditure

All activities

£1,278,337

Net Reserves

Unrestricted funds

£600,000

Total Assets

Gross assets

£4,651,065

Working Capital

Liquidity

£3,324,968

Benchmark Performance

Comparing against 8,683 similar large charities

Compare vs:

Reserve Runway

5.6 months

Median: 3.8 monthsAround typical

Income Growth (1yr)

-10.8%

Median: 7.4%Below typical

Spending Efficiency

100.0%

Median: 97.8%Around typical

Income Concentration

132.3%

Median: 87.9%Below typical

Fundraising ROI

N/A

Median: 19.2xUnknown

Income Volatility

13.7%

Median: 20.6%Around typical

Self-Generated Income

98.8%

Median: 82.9%Top quartile

3-Year Income CAGR

1.9%

Median: 7.8%Around typical

Efficiency & Health

Charitable Spending

100%

Fundraising Eff.

% income retained

N/A

Governance Cost

% of expenditure

1.1%

Grant Making

% given away

Debt Ratio

% of assets

3.6%

Survival Ratio

Months of reserves

5.6 months

Income Profile

Donations & Legacies

% of income

0.5%

Government Reliance

% of income

64.3%

Largest Source

Primary income

Charitable Activities

Diversification

HHI: 13226

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

-10.8%↓

Income CAGR (3yr)

Compound growth

1.9%

Volatility

Stable

13.7%

Reserves Trend

Direction

Stable

Governance

Employees

Staff count

Volunteers

Volunteer count

Volunteer Ratio

Per staff member

4.5:1

Revenue/Employee

Per head

£67,042

Trustee Benefits

Payments to trustees

Yes

High Earners

Earning over £60k

9.5%

Source: Charity Commission annual returns. Figures may differ from published accounts. Always verify with official charity filings for due diligence.

Charts

Income vs Expenditure

Income Sources

Assets vs Liabilities

5 Year Trend

Workforce Scale

Employees & Volunteers

Frequently Asked Questions

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