THE YORKSHIRE YOUNG ACHIEVERS FOUNDATION
SUPPORTING THE MENTAL, EDUCATIONAL, SPIRITUAL, CULTURAL, MORAL ANDPHYSICAL DEVELOPMENT, HEALTH AND IMPROVEMENT OF YOUNG PEOPLE UNDERTHE AGE OF 35 WHO WERE BORN, ARE CONNECTED TO, WORK OR LIVE WITHINYORKSHIRE SO THAT THEY CAN DEVELOP THEIR FULL CAPACITIES AND BECOMERESPONSIBLE MEMBERS OF SOCIETY WITH IMPROVED CONDITIONS OF LIFE ANDHEALTH.
Objects
(1) TO SUPPORT THE MENTAL, EDUCATIONAL, SPIRITUAL, CULTURAL, MORAL ANDPHYSICAL DEVELOPMENT, HEALTH AND IMPROVEMENT OF YOUNG PEOPLE UNDERTHE AGE OF 35 WHO WERE BORN, ARE CONNECTED TO, WORK OR LIVE WITHINYORKSHIRE SO THAT THEY CAN DEVELOP THEIR FULL CAPACITIES AND BECOMERESPONSIBLE MEMBERS OF SOCIETY WITH IMPROVED CONDITIONS OF LIFE ANDHEALTH.(2) TO BENEFIT SUCH OTHER EXCLUSIVELY CHARITABLE OBJECTIVES AND PURPOSES ASTHE CHARITY MAY DETERMINE FROM TIME TO TIME.(3) TO SUPPORT REGISTERED CHARITIES IN THE ACHIEVEMENT OF THEIR CHARITABLEOBJECTIVES
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income surplus of £31,845 for the year ended 28 February 2025, resulting in total unrestricted funds of £92,656. The trustees aim to maintain reserves equivalent to approximately 12 months of unrestricted charitable expenditure, a target which the current fund balance significantly exceeds. No material uncertainties or going concern issues were identified in the filing.
What the accounts disclose
“The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately 12 months of unrestricted charitable expenditure.” — page 5
“During the year, the charity paid for legal administrative services totalling £4,200 (2024: £4,200) to McCormicks Solicitors, a legal firm in which Sonia Jones (a trustee of the charity) is also an employee and Peter. McCormick (a trustee of the charity) is a partner.” — page 14
“In addition, there were transactions totalling £2,478 with McCormicks Solicitors relating to the reimbursement of trademark and gala expenses, as well as general setvices for postage, stationery, and other supplies provided by the firm during the year.” — page 14
“During the year, the charity paid for legal administrative services totalling £4,200 (2024: £4,200) to McCormicks Solicitors, a legal firm in which Sonia Jones (a trustee of the charity) is also an employee and Peter. McCormick (a trustee of the charity) is a partner.” — page 14
“In addition, there were transactions totalling £2,478 with McCormicks Solicitors relating to the reimbursement of trademark and gala expenses, as well as general setvices for postage, stationery, and other supplies provided by the firm during the year.” — page 14
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 28/02/2025
- Volunteers: 3
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 29/02/2024
- Volunteers: 13
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 28/02/2023
- Volunteers: 2
- Grant-making is its main activity
Funders the charity credits
- The HACS Group
- McCormicks Solicitors
- Rudding Park
- Leeds United
- Giggles Day Nurseries
- Jamboree Entertainment
- GMI Property
- Verity Frearson
- Titan Private Wealth
- West Yorkshire Fabrics Ltd
- Grace & Morris architects
Trustees
- PETER DAVID GODFREY MCCORMICK OBEchair
- Dipesh Mistry
- FIONA ELAINE ROBINSON
- Francesca Elizabeth Lowe
- NICOLA KAREN EMMA CORP
- RICHARD MICHAEL STROUD MBE
- SONIA JONES
- ZOE JOANNE WEBBER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £115k | £84k |
| 29/02/2024 | £64k | £81k |
| 28/02/2023 | £59k | £60k |
| 28/02/2022 | £44k | £17k |
| 28/02/2021 | £4k | £22k |
Common questions
Is THE YORKSHIRE YOUNG ACHIEVERS FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income surplus of £31,845 for the year ended 28 February 2025, resulting in total unrestricted funds of £92,656. The trustees aim to maintain reserves equivalent to approximately 12 months of unrestricted charitable expenditure, a target which the current fund balance significantly exceeds. No material uncertainties or going concern issues were identified in the filing. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GREENHAM TRUST LTD | 1 | £432k |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 1 | £263k |
| BERKSHIRE COMMUNITY FOUNDATION | 1 | £45k |
| THE HARGREAVES FOUNDATION | 1 | £28k |
| WILLIAM ADLINGTON CADBURY CHARITABLE TRUST | 1 | £20k |
| THE ALAN EDWARD HIGGS CHARITY | 1 | £20k |
| THE KING HENRY VIII ENDOWED TRUST, WARWICK | 1 | £17k |
| THE FORTE CHARITABLE FOUNDATION | 1 | £16k |
Charities like this
- YORKSHIRE YOUNG MUSICIANS
- INSPIRE YORKSHIRE
- SHROPSHIRE YOUTH SUPPORT TRUST
- WARWICKSHIRE YOUNG CARERS
- Berkshire Youth LTD
- YORKSHIRE YOUTH AND MUSIC LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE YORKSHIRE YOUNG ACHIEVERS FOUNDATION | £115k | — | 0 | unclear | — | no doubt |
| YORKSHIRE YOUNG MUSICIANS | £363k | — | 0 | above | — | no doubt |
| INSPIRE YORKSHIRE | £27k | — | 0 | unclear | — | no doubt |
| SHROPSHIRE YOUTH SUPPORT TRUST | £356k | — | 0 | unclear | — | material uncertainty |
| WARWICKSHIRE YOUNG CARERS | £195k | — | — | above | — | no doubt |
| Berkshire Youth LTD | £1.4m | — | 0 | within | — | no doubt |