KCHC Annual Report and Accounts 2024-25 Spreads - Flipbook - Page 30
2024/25 Financial Review
Income: Money received and sources of funds
The charts below show the primary sources of income for the last two years.
2024/25
Income
2023/24
£4.3M
£4.7M
£’000
£’000
2,315
Donations
2,451
131
In kind donations
110
505
Lo琀琀ery and other income
376
416
Legacies
673
912
Investment income
1,048
The Charity funds its grant-making activities through
diverse fundraising efforts, ensuring a broad supporter
base and income from legacies and investments. In
2025, total income was £4.3 million (2024: £4.7 million),
with notable changes in key income sources:
• Fundraising income (Donations, In kind donations,
Lottery & Other Income): Totalled £2.95 million,
exceeding the previous year’s £2.94m. ‘Individual
Giving experienced an increase of £382k, thanks to
growth in regular giving and lottery. Additionally,
Other Income saw an improvement of £70k.
While Community & Events and Philanthropy
and Partnerships faced some challenges, these
areas present opportunities for future growth and
innovation.
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S U P P O R T K I N G S .O R G .U K
• Legacy income: Declined by £0.25 million to
£0.42 million compared to the previous year’s
£0.67 million.
• Investment income: Fell by £0.1 million to £0.91
million due to lower interest rates and dividends
and the draw down of short term liquidity
balances to fund the operational deficit.
Increasing fundraising and unrestricted general
income remains a priority for the Charity’s future.
Further details in income sources are provided in
Note 3.
