GREATER MANCHESTER YOUTH NETWORK

Registered charity 1151897 · accounts filings on the Charity Commission register · also known as GMYN · listed website unreachable when last crawled

Latest income
£1.2m
Latest spending
£1.2m
Registered
2013
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a deficit for the year of £100,755, resulting in a decrease in total net assets from £294,583 to £193,828. The trustees note that the financial situation reflects a hard year with the end of big contracts and a dip in donations, though they express optimism for the current year's forecast. The charity remains reliant on continuous fundraising and grant applications for its continued operation.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£76k)
One employee has employee benefits (gross salary plus employer pension contribution) in excess of £60,000 (2023: Nil). — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
One employee has employee benefits (gross salary plus employer pension contribution) in excess of £60,000 (2023: Nil). — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months of core activity (held: £109k)
The Board of Trustees have set a reserves policy which outlines GMYN’s commitment to build free reserves at a level which ensures that a minimum 3 months of GMYN’s core activity could continue during a period of unforeseen difficulty. — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: IT services provided by Stomm Ltd, a company connected to CEO Alex Fairweather.
Alex Fairweather, the CEO, is related to the sole director of Stomm Ltd (Company number 07590501). The charity incurred expenditure of £3,003 (2023:£3,060) in respect of IT services provided by Stomm Ltd in the year. — page 28
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Third Sector Accountancy Limited.

Public fundraising profile: JustGiving — Greater Manchester Youth Network (matched by registered charity number).

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

Total income
£1.2m
Total spending
£1.2m
Cost of raising funds
£21k
Reserves (reported)
£80k
Employees
35

Reported reserves equal ~0.8 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/03/2025£1.2m£1.2m
31/03/2024£1.1m£1.2m
31/03/2023£1.2m£1.2m
31/03/2022£1.0m£1.0m
31/03/2021£789k£762k

Common questions

Is GREATER MANCHESTER YOUTH NETWORK financially healthy?

The accounts state that the charity reported a deficit for the year of £100,755, resulting in a decrease in total net assets from £294,583 to £193,828. The trustees note that the financial situation reflects a hard year with the end of big contracts and a dip in donations, though they express optimism for the current year's forecast. The charity remains reliant on continuous fundraising and grant applications for its continued operation. Its FY2024 accounts were audited by Third Sector Accountancy Limited.

What does the highest-paid employee of GREATER MANCHESTER YOUTH NETWORK earn?

Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.

Who funds GREATER MANCHESTER YOUTH NETWORK?

Funders whose own accounts filings name GREATER MANCHESTER YOUTH NETWORK as a grant recipient include GARFIELD WESTON FOUNDATION, THE HARGREAVES FOUNDATION, THE AUSTIN AND HOPE PILKINGTON TRUST, THE WO STREET CHARITABLE FOUNDATION, EDWARD HOLT TRUST.

Known funders

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

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 YOUNG MANCHESTER.