KORI
Developing and enhancing potential, skills and talent of youth using the arts, sports, academic support, cultural, environmental education and mentoring for the benefit of families and communities.The programme is focused on advancing skills and experience to standards that bring true enrichment to lives, it has an ethos of practical development, support, advocacy and provision.
Objects
TO ACT AS A RESOURCE FOR YOUNG PEOPLE UP TO THE AGE OF 8- 25 YEARS LIVING IN THE SOUTH EAST OF ENGLAND AND ESPECIALLY IN LONDON. PROVIDING ASSISTANCE AND ADVICE AND ORGANISING PROGRAMMES OF PHYSICAL, EDUCATIONAL AND OTHER ACTIVITIES AS A MEANS OF :A)ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT , MATURE AND RESPONSIBLE INDIVIDUALS;B ADVANCING EDUCATIONC)RELIEVING UNEMPLOYMENTD)PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITY IN THE INTEREST OF SOCIAL WELFARE FOR PEOPLE LIVING IN THE AREA OF BENEFIT WHO HAVE NEED BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, POVERTY OR SOCIAL ECONOMIC CIRCUMSTANCES WITH A VIEW TO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a net expenditure of £51,032, resulting in a decrease in total funds. The trustees report that the actual unrestricted reserves of £3,581 are lower than the desired policy level of six months of running costs, and they are considering ways to increase reserves.
What the accounts disclose
“The actual reserve at the year-end is lower than the desired level and the Trustees are considering ways to increase the reserves.” — page 8
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Funders the charity credits
- The National Lottery Community Fund
- The Akamai Foundation
- Big Give
- The Jack Petchey Foundation
- London Youth
- The Rank Foundation
- Sport England
Trustees
- Keith Koranteng Asante
- Natalie Victoria Mitchell
- Robert Ira Brooks Meyners
- Samuel Ohene Asante Regan
- Seth Peter Brook
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £98k | £149k |
| 31/03/2024 | £142k | £113k |
| 31/03/2023 | £87k | £64k |
| 31/03/2022 | £43k | £57k |
| 31/03/2021 | £63k | £37k |
Common questions
Is KORI financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a net expenditure of £51,032, resulting in a decrease in total funds. The trustees report that the actual unrestricted reserves of £3,581 are lower than the desired policy level of six months of running costs, and they are considering ways to increase reserves. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 18/11/2022 | £10k | Blooming Minds |
| The National Lottery Community Fund | 04/06/2021 | £10k | Not my label |
| The National Lottery Community Fund | 13/10/2016 | £9k | Celebrating Our Community Cultures |
| The National Lottery Community Fund | 14/10/2015 | £10k | Home From Home |