SAFFRON YOUNG PEOPLES PROJECT LIMITED
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.
Objects
TO HELP AND EDUCATE YOUNG PEOPLE AGED UNDER 25 LIVING ON THE SAFFRON ESTATE, LEICESTER AND OTHER AREAS WITH A SIMILAR ECONOMIC PROFILE IN LEICESTERSHIRE. IN PARTICULAR BUT NOT EXCLUSIVELY THROUGH THEIR LEISURE TIME ACTIVITIES BY THE EMPLOYMENT OF A YOUTH WORKER OR YOUTH WORKERS SO AS TO DEVELOP THEIR PHYSICAL, MENTAL AND SPIRITUAL CAPACITIES THAT THEY MAY GROW TO FULL MATURITY AS INDIVIDUALS AND MEMBERS OF SOCIETY AND THAT THEIR CONDITIONS OF LIFE MAY BE IMPROVED.
Financial health, per its FY2025 accounts
The charity ceased operations on 31 December 2025 and its financial statements were prepared on a winding-up basis rather than a going concern basis. Unrestricted reserves stood at £2,639, which the trustees expect to apply in full prior to dissolution. The closure was driven by the inability to secure sufficient ongoing funding despite proactive efforts.
What the accounts disclose
“One employee received more than £60,000 (between £80k and £90k) in employee benefits in the period ended 31 December 2025” — page 12
“One employee received more than £60,000 (between £80k and £90k) in employee benefits in the period ended 31 December 2025” — page 12
“it is no longer appropriate to maintain a formal reserves policy. At the balance sheet date, the charity held unrestricted reserves of £2,639”
“The trustees have resolved to cease the operations of the charity, and the charity ceased operations on 31 December 2025. Accordingly, the financial statements have not been prepared on a going concern basis.” — page 11
“Trustee Kim Fox is the wife of Gary Fox, who served as CEO of the charity during the period. Gary Fox's remuneration is included within the staff costs shown in the Statement of Financial Activities. Trustee Kim Fox played no part in decisions regarding his terms of employment or remuneration. There were no other related party transactions during the period.” — page 13
Year-over-year changes
- Employees paid over £60,000: 0 (FY2024) → 1 (FY2025).
- Going concern: material uncertainty (FY2024) → not a going concern (FY2025).
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- 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
Trustees
- Andrew Cleaver
- DANIEL MYERS
- Kate Dennison
- Kim Fox
- Lauren Park
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £124k | £181k |
| 31/07/2024 | £136k | £136k |
| 31/07/2023 | £100k | £149k |
| 31/07/2022 | £86k | £145k |
| 31/07/2021 | £187k | £131k |
Common questions
Is SAFFRON YOUNG PEOPLES PROJECT LIMITED financially healthy?
Per its FY2025 accounts: The charity ceased operations on 31 December 2025 and its financial statements were prepared on a winding-up basis rather than a going concern basis. Unrestricted reserves stood at £2,639, which the trustees expect to apply in full prior to dissolution. The closure was driven by the inability to secure sufficient ongoing funding despite proactive efforts. Its FY2025 accounts were independently examined.
What does the highest-paid employee of SAFFRON YOUNG PEOPLES PROJECT LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the between £80k and £90k band, and 1 employees earned over £60,000.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 06/11/2024 | £20k | Millionaire Street 2024 11w1 |
| UK government | 18/09/2020 | £10k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 25/02/2020 | £10k | Knife crime project |
| The National Lottery Community Fund | 09/12/2019 | £322k | Reaching Potential |
| The National Lottery Community Fund | 16/11/2016 | £296k | Developing skills and confidence in young people in the Saffron Lane Estate |
| The National Lottery Community Fund | 11/08/2016 | £2k | Saffron Lane Communities Day |
| The National Lottery Community Fund | 02/07/2009 | £313k | Saffron Unity Project |
| The National Lottery Community Fund | 08/11/2005 | £208k | Engage with young people and establish improvements in life opportunities. |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GOSLING FOUNDATION LIMITED | 2 | £27k |
| DUCHY OF LANCASTER BENEVOLENT FUND | 1 | — |
| LANGLEY CHARITABLE TRUST | 1 | £555k |
| BOLTON TOGETHER | 1 | £467k |
| MOONDANCE FOUNDATION | 1 | £275k |
| BOLTON COMMUNITY AND VOLUNTARY SERVICES | 1 | £217k |
| THE CONSTANCE TRAVIS CHARITABLE TRUST | 1 | £160k |
| THE STEVE MORGAN FOUNDATION | 1 | £120k |
Charities like this
- PRIORITY YOUTH PROJECT
- SENGHENYDD YOUTH DROP IN CENTRE
- SPROWSTON YOUTH ENGAGEMENT PROJECT
- BOLTON LADS AND GIRLS CLUB LIMITED
- RYECROFT NRC
- LANCASHIRE YOUTH CHALLENGE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SAFFRON YOUNG PEOPLES PROJECT LIMITED | £124k | between £80k and £90k | 1 | below | — | not going concern |
| PRIORITY YOUTH PROJECT | £367k | — | 0 | unclear | — | noted |
| SENGHENYDD YOUTH DROP IN CENTRE | £181k | — | 0 | unclear | — | no doubt |
| SPROWSTON YOUTH ENGAGEMENT PROJECT | £211k | — | 0 | unclear | — | noted |
| BOLTON LADS AND GIRLS CLUB LIMITED | £2.8m | £90,000 - £99,999 | 1 | unclear | — | no doubt |
| RYECROFT NRC | £231k | — | 0 | unclear | — | no doubt |