PARALLEL YOUTH ENTERPRISE

Registered charity 1164644 · accounts filings on the Charity Commission register · also known as PYE

There are 2 projects that come under the umbrella of the Parallel Youth Enterprise. They are i) Lambeth Summer Camps, recreational and educational summer activities ii) Lambeth Boxing Awards, a non-contact boxing club.

Causes: General Charitable Purposes · Education/training · Recreation · Other Charitable Purposes · website · Get email alerts

Latest income

£83k

Latest spending

£72k

Registered

2015

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a surplus of £11,685 for the year, increasing total unrestricted reserves to £25,628. The trustees consider this level of reserves adequate to support the continuation of projects over the coming year, despite noting that reserves will inevitably diminish with budgeted expenditure. The financial position is described as satisfactory with a sound financial base.

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

What the accounts disclose

Reserves policy: adequate to support the continuation of the PYE projects over the coming year (held: £26k)

“The current level of reserves at £25,628, and projected pledged income is considered by the Trustees to be adequate to support the continuation of the PYE projects over the coming year and the financial position of the Charity is satisfactory.”

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Pastor LORRAINE JONES-BURRELL MBEchair
Callum Rhys Dann
GRAHAM NORMAN · trustee of 1 other charity
Karen Stokes
Richard Kwesi Solano Wilson
Simon Thompson

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

Operates in: Lambeth · Wandsworth

Income and spending

Financial year end	Income	Spending
31/08/2025	£83k	£72k
31/08/2024	£81k	£96k
31/08/2023	£93k	£123k
31/08/2022	£95k	£102k
31/08/2021	£137k	£91k

Common questions

Is PARALLEL YOUTH ENTERPRISE financially healthy?

Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £11,685 for the year, increasing total unrestricted reserves to £25,628. The trustees consider this level of reserves adequate to support the continuation of projects over the coming year, despite noting that reserves will inevitably diminish with budgeted expenditure. The financial position is described as satisfactory with a sound financial base. Its FY2025 accounts were independently examined.

Who funds PARALLEL YOUTH ENTERPRISE?

Funders whose own accounts filings name PARALLEL YOUTH ENTERPRISE as a grant recipient include THE SHELDON TRUST, THE ARCHER TRUST, THE BROUGHTON FAMILY CHARITABLE TRUST, THE ALBERT HUNT TRUST, THE WOODWARD CHARITABLE TRUST.

Known funders

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

Funder	Year	Amount	Purpose (as stated by the funder)
THE SHELDON TRUST	FY2023	£5k	Holiday Projects
THE ARCHER TRUST	FY2024	£4k
THE BROUGHTON FAMILY CHARITABLE TRUST	FY2024	£3k
THE ALBERT HUNT TRUST	FY2023	£2k	Health and Wellbeing appeals
THE ARCHER TRUST	FY2022	£2k	Works in partnership with Lambeth Police and others by encouraging and promoting moral welfare issues and crime prevention and by running non-contact boxing act
THE WOODWARD CHARITABLE TRUST	FY2025	£1k
THE SHELDON TRUST	FY2024	£1k	Holiday Projects
THE ARCHER TRUST	FY2023	£1k	Charitable activities
THE BROUGHTON FAMILY CHARITABLE TRUST	FY2025	£1k
THE SHELDON TRUST	FY2022	£1k	Holiday Fund
CHAPMAN CHARITABLE TRUST	FY2023	£1k

Government & lottery funding

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

Funder	Date	Amount	Purpose
The National Lottery Community Fund	12/01/2021	£7k	Lambeth & Wandsworth Summer Camps