YOUTH BUSINESS INTERNATIONAL

Registered charity 1123946 · accounts filings on the Charity Commission register · also known as THE PRINCE OF WALES YOUTH BUSINESS INTERNATIONAL LIMITED, THE PRINCE'S YOUTH BUSINESS INTERNATIONAL

Youth Business International is a not-for-profit organisation that leads a global network of independent country initiatives helping young people to start their own business and create employment. Through our network we assist young entrepreneurs, unable to find support elsewhere, with a combination of access to capital, mentoring, and other business development enabling sustainable job creation.

Causes: Education/training · The Prevention Or Relief Of Poverty · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Latest income

£3.9m

Latest spending

£5.1m

Registered

2008

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £1.248m for the year, resulting in a decrease in total funds from £3.248m to £2.0m. Per the trustees' report, unrestricted free reserves of £0.8m were held at year-end, which is below the stated policy target of £1.3m (equivalent to six months of staff and other non-programme costs).

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Charitable foundations and trusts (48% of income)

“The main sources of funds in 2024 were Corporate Donors at 46% (2023: 63%) and Charitable foundations and trusts 48% (2023: 36%).” — page 15

Per its FY2024 accounts as filed with the Charity Commission.

Fundraising cost ratio: 6.0% of fundraised income, as disclosed

“Cost of raising funds which forms 6% of our overall expenditure” — page 15

Per its FY2024 accounts as filed with the Charity Commission.

Reserves position: below the charity's own stated reserves policy (held: £800k; policy: six months of the total staff costs plus other costs that are not chargeable to programmes or projects)

“As of 31 December 2024, unrestricted free reserves came to £0.8m.”

Per its FY2024 accounts as filed with the Charity Commission.

Payments to trustees: Anita Tiessen, CEO and Trustee, was paid £131,796 in her role as an employee and CEO of YBI. No other charity trustee received payment for professional or other services supplied to the charity.

“Anita Tiessen, CEO and Trustee, was paid £131,796 (2023: £124,668) in her role as an employee and CEO of YBI. No other charity trustee received payment for professional or other services supplied to the charity (2023: £nil).” — page 41

Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP. Discloses 4 of 6 completeness components.

Year-over-year changes

Reserves position vs the charity's own policy moved from "above" (FY2023) to "below" (FY2024).

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Corporate structure

Registered company of the charity Companies House 06550164

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Bank of America — “YBI, supported by Bank of America, is launching the EmpowerAI Digital Accelerator to empower young entrepreneurs in Germany.” (source page)

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

DOWNEY, Thomas — director, appointed 11/12/2024on trustee list
WALLACE, Matthew James — director, appointed 27/09/2023on trustee list
OLUWASE, Babajide — director, appointed 27/09/2023on trustee list
PAREKH, Ellora-Julie — director, appointed 27/09/2023on trustee list
SAVILL, Lydia Maud Jessica — director, appointed 27/09/2023on trustee list
KRUPINSKA, Marta Ewa — director, appointed 17/09/2021on trustee list
RAMSEY, Meaghan Elizabeth — director, appointed 03/12/2020on trustee list
ADEYEMI, Caroline Adenike — director, appointed 12/12/2019on trustee list
SMART, Andrew James — director, appointed 16/05/2019on trustee list
EFFS, Romeo St Paul — director, appointed 16/05/2019on trustee list
SISEC LIMITED — corporate secretary, appointed 31/03/2008

Official officers record.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2024)

Total income

£3.9m

Total spending

£5.1m

Cost of raising funds

£296k

Reserves (reported)

£840k

Employees

Reported reserves equal ~2.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (96% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 7.6% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Marta Ewa Krupinskachair
Andrew James Smart
Babajide Oluwase
Caroline Adenike Adeyemi
Ellora-Julie Parekh
Lydia Maud Jessica Savill
Matthew James Wallace
Meaghan Elizabeth Ramsey
Romeo St Paul Effs
Thomas Downey

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

Operates in: Armenia · Australia · Bangladesh · Barbados · Belgium · Bhutan · Bolivia · Brazil · Burundi · Canada · Chile · City Of London

Income and spending

Financial year end	Income	Spending
31/12/2024	£3.9m	£5.1m
31/12/2023	£4.6m	£4.8m
31/12/2022	£6.1m	£5.0m
31/12/2021	£2.8m	£4.0m
31/12/2020	£6.6m	£6.2m

Common questions

Is YOUTH BUSINESS INTERNATIONAL financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £1.248m for the year, resulting in a decrease in total funds from £3.248m to £2.0m. Per the trustees' report, unrestricted free reserves of £0.8m were held at year-end, which is below the stated policy target of £1.3m (equivalent to six months of staff and other non-programme costs). Its FY2024 accounts were audited by Sayer Vincent LLP.

Who funds YOUTH BUSINESS INTERNATIONAL?

Funders whose own accounts filings name YOUTH BUSINESS INTERNATIONAL as a grant recipient include STANDARD CHARTERED FOUNDATION.

Known funders

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

Funder	Year	Amount	Purpose (as stated by the funder)
STANDARD CHARTERED FOUNDATION	FY2024	£379.0m	Futuremakers (General)
STANDARD CHARTERED FOUNDATION	FY2023	£94.0m	Employability
STANDARD CHARTERED FOUNDATION	FY2025	£7.6m	Entrepreneurship
STANDARD CHARTERED FOUNDATION	FY2022	—

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.

Funder	Similar charities funded	Amount to them
THE WESTMINSTER FOUNDATION	3	£1.9m
THE CHILDHOOD TRUST	2	£9k
THE MASTER CHARITABLE TRUST	1	£10.0m
THE PEARS FAMILY CHARITABLE FOUNDATION	1	£9.5m
IMPETUS - THE PRIVATE EQUITY FOUNDATION	1	£2.3m
THE YOUTH ENDOWMENT FUND CHARITABLE TRUST	1	£2.3m
THE PRUDENCE TRUST	1	£1.0m
DELTA PHILANTHROPIES	1	£671k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with YOUNG ENTERPRISE.

YOUNG ENTERPRISE income £5.4m
Y CARE INTERNATIONAL income £112k
THE YOUTH SPORT UK CHARITABLE TRUST income £428k
UK YOUTH income £13.8m
YOUTH FEDERATION LIMITED income £2.1m
The King's Trust International income £7.6m

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
YOUTH BUSINESS INTERNATIONAL	£3.9m	—	—	below	6.0%	no doubt
YOUNG ENTERPRISE FY2025	£5.4m	—	—	unclear	—	no doubt
Y CARE INTERNATIONAL FY2025	£112k	—	0	unclear	—	no doubt
THE YOUTH SPORT UK CHARITABLE TRUST FY2025	£428k	—	—	unclear	—	no doubt
UK YOUTH FY2025	£13.8m	—	—	within	—	no doubt
YOUTH FEDERATION LIMITED FY2025	£2.1m	—	—	above	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.