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ST MARY-LE-BOW YOUNG HOMELESS PROJECT

Registered charity 1103578 · accounts filings on the Charity Commission register

The Charity takes young homeless people into safe flats rented to us by The Peabody Trust and we help them with support through all stages to work and independence.

Causes: Education/training · The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts

Latest income
£137k
Latest spending
£104k
Registered
2004
Accounts read
FY2025

Financial health, per its FY2025 accounts

The charity reports unrestricted reserves of £130,381, which exceeds its stated policy target of maintaining up to twelve months' expenditure in reserves. The accounts were subject to an independent examination with no material matters identified, and the trustees confirmed the charity is a going concern.

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

What the accounts disclose

Largest income source: Grants (85% of income)
“Total grants received in the year 115,776” — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: up to twelve months’ expenditure (held: £130k)
“The Board monitors reserves and maintains a policy of having up to twelve months’ expenditure in reserves.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Michael Kenny, a key decision maker, received remuneration of £23,500.
“During the year £23,500 (2024: £22,600) was paid to Michael Kenny who, as a key decision maker, is regarded as a related party to the Charity” — page 14
Per its FY2025 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

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

Operates in: Camden · City Of London · City Of Westminster · Hackney · Islington · Tower Hamlets

Income and spending

Financial year endIncomeSpending
31/12/2025£137k£104k
31/12/2024£84k£106k
31/12/2023£91k£92k
31/12/2022£77k£95k
31/12/2021£132k£104k

Common questions

Is ST MARY-LE-BOW YOUNG HOMELESS PROJECT financially healthy?

Per its FY2025 accounts: The charity reports unrestricted reserves of £130,381, which exceeds its stated policy target of maintaining up to twelve months' expenditure in reserves. The accounts were subject to an independent examination with no material matters identified, and the trustees confirmed the charity is a going concern. Its FY2025 accounts were independently examined.

Who funds ST MARY-LE-BOW YOUNG HOMELESS PROJECT?

Funders whose own accounts filings name ST MARY-LE-BOW YOUNG HOMELESS PROJECT as a grant recipient include THE WORSHIPFUL COMPANY OF CUTLERS GENERAL CHARITABLE FUND, THE SIR JAMES ROLL CHARITABLE TRUST, THE INTERNATIONAL BANKERS CHARITABLE TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE WORSHIPFUL COMPANY OF CUTLERS GENERAL CHARITABLE FUNDFY2025£2kPromotion of Social Cohesion
THE WORSHIPFUL COMPANY OF CUTLERS GENERAL CHARITABLE FUNDFY2023£2kPromotion of Social Cohesion
THE SIR JAMES ROLL CHARITABLE TRUSTFY2023£1k
THE INTERNATIONAL BANKERS CHARITABLE TRUSTFY2023£1kYoung Homeless project
THE SIR JAMES ROLL CHARITABLE TRUSTFY2025£1k
THE INTERNATIONAL BANKERS CHARITABLE TRUSTFY2022£1kYoung Homeless project
THE INTERNATIONAL BANKERS CHARITABLE TRUSTFY2025£1kYoung Homeless project
THE INTERNATIONAL BANKERS CHARITABLE TRUSTFY2024£1kYoung Homeless project