SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE
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.
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.
What the accounts disclose
“The Board has set a target to build unrestricted reserves equivalent to at least six months of operating expenditure.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
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
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).
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Mohamed Abdi Arifchair
- Dr Said Isse
- Hanif Mohamoud
- Luul Jama
- MUBARK DEEROW
- SUBER ABDIKARIM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| JOHN LYON'S CHARITY | FY2025 | £162k | Caretaker’s Cottage Programme Wraparound mental health support for children and families |
| CAMDEN GIVING | FY2021 | £75k | HS2 Camden Fund |
| CAMDEN GIVING | FY2024 | £71k | Youth Futures Fund |
| CAMDEN GIVING | FY2022 | £10k | Future Changemakers Fund |
| CAMDEN GIVING | FY2023 | £10k | Future Changemakers Fund |
| CAMDEN GIVING | FY2021 | £10k | Future Change Maker Fund |
| YOUNG CAMDEN FOUNDATION | FY2022 | £3k | Grants to institutions |
| CAMDEN GIVING | FY2023 | £1k | Future Changemakers Fund Extension |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 05/03/2026 | £20k | Youth Leadership |
| Sport England | 15/10/2025 | £3k | YOU in Motion |
| Sport England | 10/05/2024 | £15k | Activate YOU |
| Camden Council | 21/02/2024 | £525k | Grant to Somali Youth Development Resource Centre |
| London Borough of Camden | 21/02/2024 | £525k | Grant to Somali Youth Development Resource Centre |
| Camden Giving | 29/06/2023 | £71k | Somali Youth Development Resource Centre |
| Postcode Lottery | 03/04/2023 | £25k | Project Funding |
| City Bridge Foundation | 31/01/2023 | £4k | Grant to Somali Youth Development Resource Centre |
| Camden Giving | 17/01/2023 | £27k | Somali Youth Development Resource Centre (SYDRC) |
| The National Lottery Community Fund | 13/01/2023 | £10k | Leadership Project |
| The National Lottery Community Fund | 31/08/2022 | £376k | Youth and Parents in Action |
| Sport England | 29/07/2022 | £9k | Jubilee Fund - Activate YOU |
| Camden Giving | 12/07/2022 | £1k | Somali Youth Development Resource Centre |
| Camden Giving | 12/07/2022 | £7k | Somali Youth Development Resource Centre |
| Camden Giving | 05/05/2021 | £10k | Somali Youth Development Resource Centre |
| Camden Giving | 24/06/2020 | £10k | Somali Youth Development Resource Centre |
| The National Lottery Community Fund | 18/06/2020 | £85k | ReACT |
| Camden Giving | 08/06/2020 | £5k | Somali Youth Development Resource Centre |
| Camden Giving | 21/05/2020 | £75k | Somali Youth Development Resource Centre |
| Camden Giving | 11/07/2019 | £1k | Somali Youth Development Resource Centre |
| Camden Giving | 21/06/2019 | £10k | Somali Youth Development Resource Centre |
| Camden Giving | 22/05/2018 | £8k | Somali Youth Development Resource Centre |
| City Bridge Foundation | 08/07/2010 | £74k | Grant to Somali Youth Development Resource Centre |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SMALLWOOD TRUST | 1 | £100k |
| THE BLAGRAVE TRUST | 1 | £41k |
| CHARITY OF RICHARD CLOUDESLEY | 1 | £22k |
| WOMBLE BOND DICKINSON (UK) CHARITABLE INCORPORATED ORGANISATION | 1 | £16k |
| WALCOT EDUCATIONAL FOUNDATION | 1 | £16k |
| CRIPPLEGATE FOUNDATION | 1 | £13k |
| Q CHARITABLE TRUST | 1 | £10k |
| MISS E F RATHBONE CHARITABLE TRUST | 1 | £5k |
Charities like this
- ISLINGTON SOMALI COMMUNITY
- EDUCATION AND SKILLS DEVELOPMENT GROUP
- THE SHALOM YOUTH PROJECT
- SOLENT YOUTH ACTION
- BRISTOL SOMALI RESOURCE CENTRE (BSRC)
- LAMBETH SOMALI COMMUNITY ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE | £646k | — | 0 | unclear | — | no doubt |
| ISLINGTON SOMALI COMMUNITY | £147k | — | — | above | — | no doubt |
| EDUCATION AND SKILLS DEVELOPMENT GROUP | £496k | — | — | unclear | — | no doubt |
| THE SHALOM YOUTH PROJECT | £116k | — | 0 | above | — | no doubt |
| SOLENT YOUTH ACTION | £94k | — | 0 | unclear | — | no doubt |
| BRISTOL SOMALI RESOURCE CENTRE (BSRC) | £400k | — | 0 | above | — | no doubt |