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YOUNG BRENT FOUNDATION

Registered charity 1165871 · accounts filings on the Charity Commission register · also known as YBF · listed website unreachable when last crawled

Latest income
£908k
Latest spending
£801k
Registered
2016
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £299,607 for the year ended 31 March 2024, resulting in a decrease in net current assets to £130,462. The trustees note that core revenue comes from John Lyons Charity and the City Bridge Foundation, and that the charity will need to secure further core funding streams to grow and thrive. Reserves were maintained at a level considered sufficient to support activities in the event of a significant drop in funding.

What the accounts disclose

Reserves policy: three- and six-month's expenditure (held: £18k)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three- and six-month's expenditure.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Public fundraising profile: JustGiving — Young Brent Foundation (matched by registered charity number).

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

Total income
£908k
Total spending
£801k
Reserves (reported)
£10k
Employees
5

Reported reserves equal ~0.2 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Brent

Income and spending

Financial year endIncomeSpending
31/03/2025£908k£801k
31/03/2024£985k£1.3m
31/03/2023£1.3m£1.6m
31/03/2022£1.7m£1.3m
31/03/2021£881k£778k

Common questions

Is YOUNG BRENT FOUNDATION financially healthy?

The accounts state that the charity reported a net deficit of £299,607 for the year ended 31 March 2024, resulting in a decrease in net current assets to £130,462. The trustees note that core revenue comes from John Lyons Charity and the City Bridge Foundation, and that the charity will need to secure further core funding streams to grow and thrive. Reserves were maintained at a level considered sufficient to support activities in the event of a significant drop in funding. Its FY2024 accounts were independently examined.

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
THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT2£10k
SPIELMAN CHARITABLE TRUST1£245k
THE NISBET TRUST1£51k
THE NANI HUYU CHARITABLE TRUST1£45k
JOHN JAMES BRISTOL FOUNDATION1£30k
Able Child Africa1£30k
THE POPLE CHARITABLE TRUST1£13k
THE MERCHANT VENTURERS CHARITY1£10k

Charities like this

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