YOUNG STARS FOOTBALL FIRST
The principal activity is our provision in the interest of social welfare facilities for the recreation and leisure time occupation of disadvantaged young people with the objects of improving their lives. YSFF organised the following projects to benefit the general public and create an inclusive community.
Financial health, per its FY2025 accounts
The accounts state that the charity's total income decreased to £36,650 from £49,305 in the prior year, resulting in a near break-even position with expenditure of £36,562. The trustees report that unrestricted reserves are currently insufficient to meet their policy target of three months' net operating costs, noting that the charity does not currently hold any reserves. Despite this, the trustees maintain that the charity can continue in business and aim to build reserves closer to 12 months of expenditure to reduce funding risks.
What the accounts disclose
“Income (YSFF) 27,400”
“The current level of unrestricted reserves is insufficient to meet 3 months of expenditure, based on the figures to 31 st July 2024.” — page 4
Trustees
- Mitzie Loumbas
- Nancy Eze
- Patrick Ogbogu
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £37k | £37k |
| 31/07/2024 | £49k | £45k |
| 31/07/2023 | £49k | £45k |
| 31/07/2022 | £27k | £26k |
| 31/07/2021 | £20k | £30k |
Common questions
Is YOUNG STARS FOOTBALL FIRST financially healthy?
Per its FY2025 accounts: The accounts state that the charity's total income decreased to £36,650 from £49,305 in the prior year, resulting in a near break-even position with expenditure of £36,562. The trustees report that unrestricted reserves are currently insufficient to meet their policy target of three months' net operating costs, noting that the charity does not currently hold any reserves. Despite this, the trustees maintain that the charity can continue in business and aim to build reserves closer to 12 months of expenditure to reduce funding risks. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 05/04/2019 | £10k | Young Stars Holiday Soccer School |