THE YOUNG LIVES FOUNDATION
Our mission is to support children and young people in need in ways that affirm their identity and worth, champion their rights, needs and interests & promote their well-being and development. We support young people through times of difficulty and distress, enabling their voices to be heard & assisting them to achieve their potential through mentoring & befriending, advocacy & positive activities
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £140,661 for the year ended 31 March 2025, continuing a trend of annual deficits over the past three years. However, the charity maintains free unrestricted reserves of £480,586, which the trustees confirm are slightly above the policy target of six months' operating costs (£441,628). The trustees attribute the deficit to strategic decisions to maintain services following the withdrawal of key funding, noting that new contracts secured post-April 2025 are expected to substantially reduce the deficit in the following year.
What the accounts disclose
“In the band £70,001 - £80,000 1 1” — page 35
“The charity’s principal funding continues to come from local authority contracts for commissioned services and activities (44% of income).” — page 16
“YLF Trustees aim to build free reserves to cover six months operational costs.”
“A wife of a trustee who volunteers for the charity was reimbursed £558 for expenses relating to mileage in the 2024. There was no such balances in the year.” — page 41
“A Godden (Trustee) is a member of key management of Heathcote Holdings who donated £4,734 during the year (2024- £20,000). No balances were outstanding at the end of either year.” — page 41
“A wife of a trustee who volunteers for the charity was reimbursed £558 for expenses relating to mileage in the 2024. There was no such balances in the year.” — page 41
“A Godden (Trustee) is a member of key management of Heathcote Holdings who donated £4,734 during the year (2024- £20,000). No balances were outstanding at the end of either year.” — page 41
“A wife of a trustee who volunteers for the charity was reimbursed £558 for expenses relating to mileage in the 2024. There was no such balances in the year.” — page 41
“A Godden (Trustee) is a member of key management of Heathcote Holdings who donated £4,734 during the year (2024- £20,000). No balances were outstanding at the end of either year.” — page 41
In the news
Funders the charity credits
- Reddico
- Kent Law Society
Public-sector contracts awarded
| Buyer | Contract | Awarded | Value |
|---|---|---|---|
| Kent County Council | Holiday Activities and Food (HAF) services DPS (SC240025) | — | — |
| Kent County Council | Holiday Activities and Food (HAF) services DPS (SC240025) | — | — |
| Kent County Council | Holiday Activities and Food (HAF) services DPS (SC240025) | — | — |
| Kent County Council | Holiday Activities and Food (HAF) services DPS (SC240025) | — | — |
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Anthony James Goddenchair
- Ann-Marie Fisher
- Claire Farrer-Newey
- David Peter Jenkin
- Kathryn Anne Lynch
- Meghan Eve Daniels
- Nicola Mason
- Patrick Swayze Adam Powell
- Richard Oates
- Shaun Daniel Fishenden
- Stuart David Brown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £984k | £1.1m |
| 31/03/2024 | £926k | £1.1m |
| 31/03/2023 | £1.1m | £1.0m |
| 31/03/2022 | £1.2m | £928k |
| 31/03/2021 | £995k | £747k |
Common questions
Is THE YOUNG LIVES FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £140,661 for the year ended 31 March 2025, continuing a trend of annual deficits over the past three years. However, the charity maintains free unrestricted reserves of £480,586, which the trustees confirm are slightly above the policy target of six months' operating costs (£441,628). The trustees attribute the deficit to strategic decisions to maintain services following the withdrawal of key funding, noting that new contracts secured post-April 2025 are expected to substantially reduce the deficit in the following year. Its FY2025 accounts were audited by Kreston Reeves Audit LLP.
What does the highest-paid employee of THE YOUNG LIVES FOUNDATION earn?
Per its FY2025 accounts, the highest-paid employee was in the £70,001 - £80,000 band.
Who funds THE YOUNG LIVES FOUNDATION?
Funders whose own accounts filings name THE YOUNG LIVES FOUNDATION as a grant recipient include THE MICHAEL BISHOP FOUNDATION, GARFIELD WESTON FOUNDATION, THE COLYER-FERGUSSON CHARITABLE TRUST, JOHN SWIRE 1989 CHARITABLE TRUST, THE CHRISTOPHER AND HENRY OLDFIELD TRUST.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 26/08/2020 | £54k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 01/07/2019 | £258k | Positive Activities Programme |
| The National Lottery Community Fund | 01/11/2018 | £10k | Volunteer Coordinator |
| The National Lottery Community Fund | 27/05/2015 | £10k | Recruiting New Volunteers For YLF's New Contracts |
| The National Lottery Community Fund | 28/02/2013 | £5k | Promoting the Young Lives Foundation and enhancing volunteering |
| The National Lottery Community Fund | 18/05/2011 | £9k | Group Activity and Support Outings |