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THE YOUNG BARNET FOUNDATION

Registered charity 1164713 · accounts filings on the Charity Commission register · also known as YBF

Latest income
£1.2m
Latest spending
£962k
Registered
2015
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity generated a net surplus of £151,807 for the year ended 31 December 2023, with total incoming resources of £1,349,734 against outgoing resources of £1,197,927. Per the trustees' report, the charity holds unrestricted reserves of £299,289, which the Board considers aligned with its policy target of six months' operating costs. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£76k)
“The emoluments of one staff member are within the range of £60,000 to £69,999” — page 50
Per its FY2023 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“The emoluments of one staff member are within the range of £60,000 to £69,999” — page 50
Per its FY2023 accounts as filed with the Charity Commission.
Reserves policy: six months operating costs (held: £299k)
“The YBF holds a Reserve Policy and the Board of Trustees have set a desired general reserve level of six months operating costs” — page 8
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Critchleys Audit LLP.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.2m
Total spending
£962k
Cost of raising funds
£35k
Reserves (reported)
£466k
Employees
15

Reported reserves equal ~5.8 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

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

Operates in: Barnet

Income and spending

Financial year endIncomeSpending
31/12/2024£1.2m£962k
31/12/2023£1.3m£1.2m
31/12/2022£1.6m£1.5m
31/12/2021£745k£705k
31/12/2020£707k£597k

Common questions

Is THE YOUNG BARNET FOUNDATION financially healthy?

The accounts state that the charity generated a net surplus of £151,807 for the year ended 31 December 2023, with total incoming resources of £1,349,734 against outgoing resources of £1,197,927. Per the trustees' report, the charity holds unrestricted reserves of £299,289, which the Board considers aligned with its policy target of six months' operating costs. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2023 accounts were audited by Critchleys Audit LLP.

What does the highest-paid employee of THE YOUNG BARNET FOUNDATION earn?

Per its FY2023 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.

Who funds THE YOUNG BARNET FOUNDATION?

Funders whose own accounts filings name THE YOUNG BARNET FOUNDATION as a grant recipient include THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT.

Known funders

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

FunderYearAmount
THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENTFY2022£5k

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.

FunderSimilar charities fundedAmount to them
Able Child Africa1£30k
THE SHAFTESBURY HOMES AND ARETHUSA1£10k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with YOUNG CAMDEN FOUNDATION.