YOUTH UNITED FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity generated a total surplus of £12,480 for the year ended 30 September 2024, with unrestricted reserves standing at £186,140. The trustees report that this level of reserves exceeds their stated policy target of approximately £40,000 (equivalent to six months of unrestricted expenditure). The financial statements were prepared on a going concern basis, with the trustees confirming adequate resources to continue operations for the foreseeable future.
What the accounts disclose
“Based on current activity levels, the Trustees aim to maintain minimum reserves equivalent to 6 months unrestricted expenditure, approximately £40,000”
“An amount of £2,292 (2023 - £1,005) was paid to the Marine Society & Sea Cadets (MSSC) for sundry expenses. MSSC is one of the Network members of Youth United Foundation.” — page 33
“The Foundation made payments totalling £5,327 (2023 - £11,578) to EMS3 Limited for consultancy services. E Sherry, a Trustee of the Foundation, is a director and controlling party of EMS3 Limited.” — page 33
“An amount of £2,292 (2023 - £1,005) was paid to the Marine Society & Sea Cadets (MSSC) for sundry expenses. MSSC is one of the Network members of Youth United Foundation.” — page 33
“The Foundation made payments totalling £5,327 (2023 - £11,578) to EMS3 Limited for consultancy services. E Sherry, a Trustee of the Foundation, is a director and controlling party of EMS3 Limited.” — page 33
“An amount of £2,292 (2023 - £1,005) was paid to the Marine Society & Sea Cadets (MSSC) for sundry expenses. MSSC is one of the Network members of Youth United Foundation.” — page 33
“The Foundation made payments totalling £5,327 (2023 - £11,578) to EMS3 Limited for consultancy services. E Sherry, a Trustee of the Foundation, is a director and controlling party of EMS3 Limited.” — page 33
Trustees
- Alison Mary Oliver MBE
- Baroness Delyth Jane Morgan
- Daniel Paul Richard Greaves
- Duncan Ian Callaghan
- Edward Martin Sherry OBE
- Neil Stuart Martin OBE
- Rhian Moore
- Tafadzwa God'swish Gidi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £224k | £200k |
| 30/09/2024 | £208k | £196k |
| 30/09/2023 | £179k | £151k |
| 30/09/2022 | £71k | £145k |
| 30/09/2021 | £195k | £103k |
Common questions
Is YOUTH UNITED FOUNDATION financially healthy?
The accounts state that the charity generated a total surplus of £12,480 for the year ended 30 September 2024, with unrestricted reserves standing at £186,140. The trustees report that this level of reserves exceeds their stated policy target of approximately £40,000 (equivalent to six months of unrestricted expenditure). The financial statements were prepared on a going concern basis, with the trustees confirming adequate resources to continue operations for the foreseeable future. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CEO SLEEPOUT | 1 | £5k |
| THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT | 1 | £5k |