EAST CLEVELAND YOUTH HOUSING TRUST
The Trust exists to tackle youth unemployment and the lack of affordable housing. This is achieved by purchasing run-down properties, renovating and renting to vulnerable young people in housing need. The Trust offers training and apprenticeships in construction skills to young people 16-24 years old. It also offers fully supported tenancies to young people between 18 and 24 in East Cleveland.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £4,582 for the year, with unrestricted reserves carrying forward at £872,672. The trustees maintain that free reserves of £131,227 are consistent with their policy target of maintaining six months' expenditure. The organization confirms it is a going concern with adequate resources to continue operations.
What the accounts disclose
“Investments 5 81,127 - 81,127 69,547 - 69,547” — page 8
“It is the policy of the trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to six month’s expenditure.” — page 4
Corporate structure
- Registered company of the charity Companies House 03987232
Funders the charity credits
- WILLIAM WEBSTER
Company officers (Companies House)
- BULLOCK, Stephen Michael, Sir on trustee list
- EAGLE, David on trustee list
- YARE, Hazel Valerie on trustee list
- WARDLE, Drisc Angela on trustee list
- DITCHBURN, Carl on trustee list
Property (HM Land Registry)
Trustees
- CARL DITCHBURN
- David Eagle
- Stephen Michael Bullock
- drisc angela wardle
- valerie Yare
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £193k | £189k |
| 31/03/2024 | £121k | £149k |
| 31/03/2023 | £152k | £150k |
| 31/03/2022 | £186k | £189k |
| 31/03/2021 | £239k | £157k |
Common questions
Is EAST CLEVELAND YOUTH HOUSING TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £4,582 for the year, with unrestricted reserves carrying forward at £872,672. The trustees maintain that free reserves of £131,227 are consistent with their policy target of maintaining six months' expenditure. The organization confirms it is a going concern with adequate resources to continue operations. Its FY2025 accounts were independently examined.
Who funds EAST CLEVELAND YOUTH HOUSING TRUST?
Funders whose own accounts filings name EAST CLEVELAND YOUTH HOUSING TRUST as a grant recipient include THE BALLINGER CHARITABLE TRUST, YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION, NORMANBY CHARITABLE TRUST, THE VIRGIN MONEY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE BALLINGER CHARITABLE TRUST | FY2024 | £20k | |
| THE BALLINGER CHARITABLE TRUST | FY2023 | £20k | |
| YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION | FY2025 | £3k | |
| NORMANBY CHARITABLE TRUST | FY2024 | £3k | |
| THE VIRGIN MONEY FOUNDATION | FY2022 | £500 | |
| THE VIRGIN MONEY FOUNDATION | FY2021 | £500 | Community Anchors' Fund / General Grants |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Community Foundation North East | 04/11/2016 | £1k | Towards Lifewise project |
| Community Foundation North East | 01/04/2015 | £17k | To support the salary and on costs of a Building Projects Manager Year 3 |
| Northern Rock Foundation | 11/03/2014 | £150k | Grant awarded to East Cleveland Youth Housing Trust (Tees Valley) |
| Northern Rock Foundation | 31/08/2011 | £3k | Grant awarded to East Cleveland Youth Housing Trust (Tees Valley) |
| Northern Rock Foundation | 14/12/2010 | £60k | Grant awarded to East Cleveland Youth Housing Trust (Tees Valley) |
| The National Lottery Community Fund | 14/02/2006 | £5k | Bridging the Gap |
| Northern Rock Foundation | 18/05/2004 | £29k | Grant awarded to East Cleveland Youth Housing Trust (Tees Valley) |