Charity Accounts Intelreading the accounts so you don’t have to

SPROWSTON YOUTH ENGAGEMENT PROJECT

Registered charity 1157049 · accounts filings on the Charity Commission register · also known as SYEP

To act as a resource for young people up to the age of 25 years living in Sprowston and the surrounding area by providing advice and assistance and organising programmes of physical, educational and other activities as a means of advancing in life and helping young people by developing their skills, capacities and capabilities, advancing education, providing recreational and leisure time activity

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Economic/community Development/employment · Recreation · website · Get email alerts

Latest income
£211k
Latest spending
£217k
Registered
2014
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported an accounting deficit of £5,640.52 for the year, reducing its reserves from £77,203.87 to £71,563.35. The filing notes that the accounts were not yet approved by the Trustees at the time of the examination and excludes creditors and debtors due to the receipts and payments basis of preparation.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: National Lottery Reaching Communities Programme (52% of income)
“£110,985.22 from the National Lottery Reaching Communities Programme”
Per its FY2025 accounts as filed with the Charity Commission.
Governance: The Charity’s Accounts for the year ending 31 March 2025 have been prepared on a Receipts and Payments basis. Accordingly any Creditors (debts owed by the Charity to any parties) or Debtors (sums owed to the Charity) as at 31 March 2025 are not included with the Receipts and Payments End of Year Accounts, which have yet to be approved by the Trustees.
“The Charity’s Accounts for the year ending 31 March 2025 have been prepared on a Receipts and Payments basis. Accordingly any Creditors (debts owed by the Charity to any parties) or Debtors (sums owed to the Charity) as at 31 March 2025 are not included with the Receipts and Payments End of Year Accounts, which have yet to be approved by the Trustees.” — page 2
“The Charity’s insurance policy presented to the Examiner displayed cover of £25,000 for Fidelity (Fraud and Dishonesty) which is significantly below the sums routinely held at bank by the Charity.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.
Governance: The Charity’s insurance policy presented to the Examiner displayed cover of £25,000 for Fidelity (Fraud and Dishonesty) which is significantly below the sums routinely held at bank by the Charity.
“The Charity’s Accounts for the year ending 31 March 2025 have been prepared on a Receipts and Payments basis. Accordingly any Creditors (debts owed by the Charity to any parties) or Debtors (sums owed to the Charity) as at 31 March 2025 are not included with the Receipts and Payments End of Year Accounts, which have yet to be approved by the Trustees.” — page 2
“The Charity’s insurance policy presented to the Examiner displayed cover of £25,000 for Fidelity (Fraud and Dishonesty) which is significantly below the sums routinely held at bank by the Charity.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

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

Operates in: Norfolk

Income and spending

Financial year endIncomeSpending
31/03/2025£211k£217k
31/03/2024£0£0
31/03/2023£0£0
31/03/2022£113k£97k
31/03/2021£57k£51k

Common questions

Is SPROWSTON YOUTH ENGAGEMENT PROJECT financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported an accounting deficit of £5,640.52 for the year, reducing its reserves from £77,203.87 to £71,563.35. The filing notes that the accounts were not yet approved by the Trustees at the time of the examination and excludes creditors and debtors due to the receipts and payments basis of preparation. Its FY2025 accounts were independently examined.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund21/07/2023£10kThe Adventure Garden
The National Lottery Community Fund16/12/2022£319kSYEP development