NEW INITIATIVES YOUTH AND COMMUNITY ASSOCIATION
OUR PROGRAMMES ARE JOURNEYS OF SELF-DISCOVERY WHERE YOUNG PEOPLE ARE GUIDED THROUGH CHALLENGING PROCESSES THAT PREPARE THEM TO MOVE FROM CHILDHOOD TO BECOME YOUNG ADULTS. WE DELIVER FOUR PROGRAMME ELEMENTS (EARTH, FIRE, WATER AND AIR). THESE ARE AWARENESS-RAISING WORKSHOPS, ADRENALINE-PUMPING ADVENTURES AND TESTS OF CHARACTER THAT LEAD TO A COMMUNITY GRADUATION.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased from £18,841 to £15,981, while total net assets remained stable at approximately £51,104. The trustees note that the level of funding is adequate for the medium term but highlight that the Association's going concern status is dependent on continued funding, which is described as inherently uncertain. The charity reported a significant drop in incoming resources, with income down 41% compared to the previous year.
What the accounts disclose
“the Association will seek to build its reserves to a level which will provide a minimum of six months costs, including possible staff redundancies, plus an amount appropriate to cover any temporary shortfalls in income in order to meet legal and other obligations.”
“The financial statements are prepared under the historical cost convention and on a going concern basis, which is dependent upon the availability of adequate continued funding. The nature of the Association’s funding is inherently uncertain as it is only agreed by the funding bodies each year. Should funding be discontinued in future years, the Association would have to find other sources of funding or significantly curtail its activities.” — page 12
Trustees
- AYOOLA TIYA RAET KABARA- CLARKEchair
- ELLA JESS-REID
- MOLLY BLASSE
- PAUL REID
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £83k | £83k |
| 31/03/2024 | £140k | £157k |
| 31/03/2023 | £128k | £149k |
| 31/03/2022 | £97k | £68k |
| 31/03/2021 | £480 | £9k |
Common questions
Is NEW INITIATIVES YOUTH AND COMMUNITY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds decreased from £18,841 to £15,981, while total net assets remained stable at approximately £51,104. The trustees note that the level of funding is adequate for the medium term but highlight that the Association's going concern status is dependent on continued funding, which is described as inherently uncertain. The charity reported a significant drop in incoming resources, with income down 41% compared to the previous year. Its FY2025 accounts were independently examined.