OXCLOSE AND DISTRICT YOUNG PEOPLES PROJECT LTD
12
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £5,097 for the year ended 31 March 2025, reversing a deficit from the previous year. The trustees report that unrestricted funds stand at £397,096, with a freely available balance of approximately £127,096 after designations. The charity continues to rely on short-term grant funding to carry out its activities.
What the accounts disclose
“Sunderland All Together Consortium 88,881” — page 22
“The trustees have determined that the minimum level of free reserves to be held, which are not invested in tangible fixed assets, should usually be the equivalent of six months expenditure, approximately £120k.” — page 7
Trustees
- Amanda Parkes
- DAVID IAN JOHNSON
- Linda Williams
- Philip Dawson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £192k | £187k |
| 31/03/2024 | £211k | £263k |
| 31/03/2023 | £194k | £213k |
| 31/03/2022 | £176k | £180k |
| 31/03/2021 | £175k | £178k |
Common questions
Is OXCLOSE AND DISTRICT YOUNG PEOPLES PROJECT LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £5,097 for the year ended 31 March 2025, reversing a deficit from the previous year. The trustees report that unrestricted funds stand at £397,096, with a freely available balance of approximately £127,096 after designations. The charity continues to rely on short-term grant funding to carry out its activities. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Community Foundation North East | 19/03/2026 | £5k | Grant to Oxclose & District Young Peoples Project |
| The National Lottery Community Fund | 19/01/2026 | £20k | Future Ready |
| UK government | 01/04/2019 | £119k | Youth Investment Fund |
| UK government | 01/05/2017 | £119k | Youth Investment Fund |
| UK government | 01/05/2017 | £89k | Youth Investment Fund |
| The National Lottery Community Fund | 17/02/2016 | £6k | DEVELOPMENT OF A YOUTH BUILDING FOR WASHINGTON |
| UK government | — | £119k | Youth Investment Fund |