PROSPEX

Registered charity 1087591 · accounts filings on the Charity Commission register

We work with disadvantaged young people aged 8-21 in Islington, London, & neighbouring boroughs, areas of social deprivation, high youth crime, & low attendance in school & jobs. Young people suffer low self esteem & lack longterm, stable, one-to-one relationships. We have 3 workstreams: Street Team outreach work; Youth Hubs providing personal development & positive activities; & One2One support.

Causes: Education/training · The Prevention Or Relief Of Poverty · Economic/community Development/employment · Recreation · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £14,682 for the year ended 31 May 2025, with total resources expended exceeding total income. However, the trustees confirm that free/unrestricted reserves stood at £149,972, which is above the stated policy target of approximately £80,000, indicating sufficient liquidity to continue activities despite the operational loss.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/05/2025)

Reported reserves equal ~2.8 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 4.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

• MR MIKE HICKESchair
• Danielle Cohen
• Frances Middleton · trustee of 1 other charity
• Monique Ferdinand
• Natalie Jane Letcher
• ROBIN VOS · trustee of 2 other charities
• Vlad Levitsky

Trustee list from the Charity Commission register (current, not historical).

Operates in: Islington

Income and spending

Common questions

Known funders

Grants to this charity found in funders’ own accounts filings.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).