YOUNG MANCHESTER
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a deficit of £295,000 and holds unrestricted free reserves of £154,388. The trustees report material uncertainties regarding the charity's ability to continue as a going concern due to uncertainty in the future fundraising climate and whether its role can be resourced sustainably.
What the accounts disclose
“There are however material uncertainties within this assessment. Based on its appropriate enquiries the Trustees, at the time of their approval, note that while very immediate funding is secure and a strategy in place, there is uncertainty in the future fundraising climate.” — page 6
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Craig Barratt
- Furqan Naeem
- Hassan Bello Dantata
- Jodie McNally
- Michael Salmon
- Morenike Elizabeth Fatogun
- Stephanie Riches
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £888k | £743k |
| 31/03/2024 | £796k | £1.1m |
| 31/03/2023 | £474k | £1.3m |
| 31/03/2022 | £3.3m | £3.2m |
| 31/03/2021 | £2.8m | £2.9m |
Common questions
Is YOUNG MANCHESTER financially healthy?
The accounts state that the charity ended the year with a deficit of £295,000 and holds unrestricted free reserves of £154,388. The trustees report material uncertainties regarding the charity's ability to continue as a going concern due to uncertainty in the future fundraising climate and whether its role can be resourced sustainably. Its FY2024 accounts were independently examined.
Who funds YOUNG MANCHESTER?
Funders whose own accounts filings name YOUNG MANCHESTER as a grant recipient include IMPETUS - THE PRIVATE EQUITY FOUNDATION, THE YOUTH ENDOWMENT FUND CHARITABLE TRUST, CURIOUS MINDS.
Known funders
| Funder | Year | Amount |
|---|---|---|
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | FY2025 | £248k |
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | FY2025 | £248k |
| CURIOUS MINDS | FY2023 | £10k |
| CURIOUS MINDS | FY2022 | £0 |
| CURIOUS MINDS | FY2022 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BHM CHARITABLE TRUST | 1 | £230k |
| GARFIELD WESTON FOUNDATION | 1 | £200k |
| THE HARGREAVES FOUNDATION | 1 | £58k |
| M AND L COHEN CHARITABLE TRUST | 1 | £38k |
| NER FOUNDATION | 1 | £11k |
| THE AUSTIN AND HOPE PILKINGTON TRUST | 1 | £5k |
| THE WO STREET CHARITABLE FOUNDATION | 1 | £5k |
| EDWARD HOLT TRUST | 1 | £4k |