SAFFRON YOUNG PEOPLES PROJECT LIMITED
Registered charity 1111445 · accounts filings on the Charity Commission register · also known as SAFFRON YOUNG PEOPLES PROJECT, SYPP
The principal activity of SYPP is the provision of a detached youth work project supporting young people living in the Saffron Estate, Leicester & other areas with a similar economic profile in Leicestershire, in accessing & developing opportunities available. Issues include bullying, unemployment, racism, social exclusion & deprivation. The Estate is in the top 2% most deprived areas in England.
Causes: Education/training · The Prevention Or Relief Of Poverty · Amateur Sport · Economic/community Development/employment · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity faces a material uncertainty regarding its ability to continue as a going concern due to difficulties in securing ongoing funding, with the main lottery funder ceasing support. Despite this risk, the trustees have concluded it is appropriate to prepare the accounts on a going concern basis, supported by existing reserves of £59,558 and secured funding for specific projects until early 2026.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy (held: £17k; policy: three months of fixed costs)
“At 31 July 2024 the Trustees are aware that reserves are dwindling and are taking the necessary steps to secure additional funding.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“However, they acknowledge that a material uncertainty exists which may cast significant doubt on the charity’s ability to continue as a going concern.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Kim Fox is the wife of the charity's CEO Gary Fox.
“Trustee Kim Fox is the wife of the charity's CEO Gary Fox.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
- Andrew Cleaver
- DANIEL MYERS
- Kate Dennison
- Kim Fox
- Lauren Park
Trustee list from the Charity Commission register (current, not historical).
Operates in: Leicestershire
Income and spending
Common questions
Is SAFFRON YOUNG PEOPLES PROJECT LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity faces a material uncertainty regarding its ability to continue as a going concern due to difficulties in securing ongoing funding, with the main lottery funder ceasing support. Despite this risk, the trustees have concluded it is appropriate to prepare the accounts on a going concern basis, supported by existing reserves of £59,558 and secured funding for specific projects until early 2026. Its FY2024 accounts were independently examined.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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 SENGHENYDD YOUTH DROP IN CENTRE.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.