SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE

Registered charity 1092646 · accounts filings on the Charity Commission register

Somali Youth Development Resource Centre is working with Somali young people and their families in the London Borough of Camden to help them achieve their full potintial.

Objects

TO ADVANCE THE EDUCATION OF SOMALI YOUTH IN THE LONDON BOROUGH OF CAMDEN AND NEIGHBOURING AREAS AND TO PROVIDE IN THE INTERESTS OF SOCIAL WELFARE FACILITIES FOR THEIR RECREATION AND OTHER LEISURE-TIME OCCUPATIONS.

Area of benefit: LONDON BOROUGH OF CAMDEN

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · Amateur Sport · Economic/community Development/employment · website · Get email alerts

Latest income
£646k
Latest spending
£610k
Registered
2002
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds limited unrestricted reserves, with a total fund balance of £424,073 at the end of the financial year. The trustees have set a target to build unrestricted reserves equivalent to at least six months of operating expenditure to address ongoing financial pressures. The charity received incoming resources of £646,173 and expended £609,887, resulting in a net increase in resources for the year.

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

What the accounts disclose

Reserves policy: at least six months of operating expenditure (reserves figure: £56k)
“The Board has set a target to build unrestricted reserves equivalent to at least six months of operating expenditure.”
Per its FY2025 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/03/2025

  • Volunteers: 5
  • Government income: £262,978 — grants £262,978 (3); 41% of the £646,173 total gross income on the same return
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/03/2024

  • Volunteers: 5
  • Government income: £311,476 — grants £311,476 (5); 46% of the £675,208 total gross income on the same return

Self-declared on the annual return for the financial year ending 31/03/2023

  • Volunteers: 4
  • Government income: £218,479 — grants £218,479 (5); 44% of the £491,304 total gross income on the same return
  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Annual return filing dates (Charity Commission record)

Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/03/2021 (received 01/02/2022, 1 day after the 31/01/2022 due date).

Due and received dates as recorded in the Commission’s annual-return data; the data does not say whether an extension was agreed. Source: this charity’s annual returns on the Charity Commission register.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£646k
Total spending
£610k
Reserves (reported)
£56k
Employees
19

Reported reserves equal ~1.1 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (95% 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: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Camden

Income and spending

Financial year endIncomeSpending
31/03/2025£646k£610k
31/03/2024£675k£628k
31/03/2023£491k£395k
31/03/2022£393k£353k
31/03/2021£464k£354k

Common questions

Is SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds limited unrestricted reserves, with a total fund balance of £424,073 at the end of the financial year. The trustees have set a target to build unrestricted reserves equivalent to at least six months of operating expenditure to address ongoing financial pressures. The charity received incoming resources of £646,173 and expended £609,887, resulting in a net increase in resources for the year. Its FY2025 accounts were independently examined.

Who funds SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE?

Funders whose own accounts filings name SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE as a grant recipient include JOHN LYON'S CHARITY, CAMDEN GIVING, YOUNG CAMDEN FOUNDATION.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
JOHN LYON'S CHARITYFY2025£162kCaretaker’s Cottage Programme Wraparound mental health support for children and families
CAMDEN GIVINGFY2021£75kHS2 Camden Fund
CAMDEN GIVINGFY2024£71kYouth Futures Fund
CAMDEN GIVINGFY2022£10kFuture Changemakers Fund
CAMDEN GIVINGFY2023£10kFuture Changemakers Fund
CAMDEN GIVINGFY2021£10kFuture Change Maker Fund
YOUNG CAMDEN FOUNDATIONFY2022£3kGrants to institutions
CAMDEN GIVINGFY2023£1kFuture Changemakers Fund Extension

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund05/03/2026£20kYouth Leadership
Sport England15/10/2025£3kYOU in Motion
Sport England10/05/2024£15kActivate YOU
Camden Council21/02/2024£525kGrant to Somali Youth Development Resource Centre
London Borough of Camden21/02/2024£525kGrant to Somali Youth Development Resource Centre
Camden Giving29/06/2023£71kSomali Youth Development Resource Centre
Postcode Lottery03/04/2023£25kProject Funding
City Bridge Foundation31/01/2023£4kGrant to Somali Youth Development Resource Centre
Camden Giving17/01/2023£27kSomali Youth Development Resource Centre (SYDRC)
The National Lottery Community Fund13/01/2023£10kLeadership Project
The National Lottery Community Fund31/08/2022£376kYouth and Parents in Action
Sport England29/07/2022£9kJubilee Fund - Activate YOU
Camden Giving12/07/2022£1kSomali Youth Development Resource Centre
Camden Giving12/07/2022£7kSomali Youth Development Resource Centre
Camden Giving05/05/2021£10kSomali Youth Development Resource Centre
Camden Giving24/06/2020£10kSomali Youth Development Resource Centre
The National Lottery Community Fund18/06/2020£85kReACT
Camden Giving08/06/2020£5kSomali Youth Development Resource Centre
Camden Giving21/05/2020£75kSomali Youth Development Resource Centre
Camden Giving11/07/2019£1kSomali Youth Development Resource Centre
Camden Giving21/06/2019£10kSomali Youth Development Resource Centre
Camden Giving22/05/2018£8kSomali Youth Development Resource Centre
City Bridge Foundation08/07/2010£74kGrant to Somali Youth Development Resource Centre

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ISLINGTON SOMALI COMMUNITY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE£646k—0unclear—no doubt
ISLINGTON SOMALI COMMUNITY FY2026£147k——above—no doubt
EDUCATION AND SKILLS DEVELOPMENT GROUP FY2025£496k——unclear—no doubt
THE SHALOM YOUTH PROJECT FY2025£116k—0above—no doubt
SOLENT YOUTH ACTION FY2025£94k—0unclear—no doubt
BRISTOL SOMALI RESOURCE CENTRE (BSRC) FY2025£400k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.