First Step Trust
Analysis
First Step Trust is a registered charity in England and Wales, based in London. It was registered in October 1999, 27 years ago. Its declared purposes cover general charitable purposes, education/training, disability and the prevention or relief of poverty, which this site groups under disability. Legally it is a charitable company (Companies House number 03730562). It says it provides services.
In the financial year ending March 2025, First Step Trust reported income of £1.4m and spending of £1.4m, spending 105% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £1.3m to £1.4m (+3.0%), an average of +0.7% a year. Over the whole period it spent 92% of the income it received.
Among 12,871 England and Wales charities whose main cause is disability and that reported income, First Step Trust sits at the 94th percentile: it is larger than about 94% of them. Against every charity in England and Wales with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include Cambridgeshire Deaf Association (£1.4m), New Pastures Housing Ltd (£1.4m) and Compass Disability Services (£1.4m).
In its latest detailed accounts, income came from charitable activities 94% and investments 5.7%. Charitable activities took 99% of spending and raising funds 0.0%. Reserves of £60k would cover about 0 months of spending at that rate. It employed 23 people.
Income and spending
Where the income comes from
- Donations 0.2%
- Charitable activities 94%
- Investments 5.7%
- Other 0.1%
In the charity's own words
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.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cambridgeshire Deaf Association | Cambridge | £1.4m |
| New Pastures Housing Ltd | Manchester | £1.4m |
| Compass Disability Services | 11-12 Belvedere Trading Estate | £1.4m |
| Hull Community Transport (Charity) | Hull | £1.4m |