HOPE FOR THE YOUNG LIMITED

Registered charity 1127017 · accounts filings on the Charity Commission register · also known as HOPE FOR TEH YOUNG LIMITED, OMID INTERNATIONAL, OMID INTERNATIONAL LIMITED

Latest income
£537k
Latest spending
£572k
Registered
2008
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity raised £308,655 in income against total expenditure of £247,425, resulting in a net surplus for the year. The charity closed with net assets of £215,357, comprising £137,631 in unrestricted reserves. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: six to nine months running costs (held: £138k)
It is the policy of Hope for the Young to hold at least six to nine months running costs in unrestricted reserves — page 7
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Public fundraising profile: JustGiving — Hope for the Young (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£537k
Total spending
£572k
Cost of raising funds
£31k
Reserves (reported)
£312k
Employees
10

Reported reserves equal ~6.6 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£537k£572k
31/03/2024£601k£442k
31/03/2023£309k£247k
31/03/2022£229k£197k
31/03/2021£209k£164k

Common questions

Is HOPE FOR THE YOUNG LIMITED financially healthy?

The accounts state that the charity raised £308,655 in income against total expenditure of £247,425, resulting in a net surplus for the year. The charity closed with net assets of £215,357, comprising £137,631 in unrestricted reserves. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were independently examined.

Who funds HOPE FOR THE YOUNG LIMITED?

Funders whose own accounts filings name HOPE FOR THE YOUNG LIMITED as a grant recipient include THE ALBORADA TRUST, THE LINBURY TRUST, THE THOMAS WALL TRUST.

Known funders

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

FunderYearAmount
THE ALBORADA TRUSTFY2023£200k
THE LINBURY TRUSTFY2024£50k
THE LINBURY TRUSTFY2023£50k
THE THOMAS WALL TRUSTFY2025£5k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Postcode Lottery27/08/2022£24kHope for the Young's Mentoring Program

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 HOPE FOR MANKIND.