YOUNG CAMDEN FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity recorded a surplus of £25,932 for the year ended 31 March 2023, with total income of £1,143,557 and expenditure of £1,117,625. Free reserves increased to £209,000, a figure the trustees note exceeds their stated policy target range of £112,600 to £151,200. The trustees confirmed adequate resources for the foreseeable future, and the auditors reported no material uncertainties regarding going concern.
What the accounts disclose
“the Board considers that YCF needs to hold free reserves of between £112,600 and £151,200 which, at the time of the most recent policy review, equated to about 4.9 to 6.6 months of budgeted operating expenses.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Martin Paul Leslie Prattchair
- Abdikadir Ahmed
- Andre Guilaume Schott
- Anna-Livia Ruth Jeanne Feuchtwang
- Daniel Omisore
- Debra Lyn Clark
- Francesca De Munnich
- Lucy Grace Pearson
- Niels Pedersen
- Thomas Andrew Simpson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.4m | £1.3m |
| 31/03/2024 | £1.5m | £1.5m |
| 31/03/2023 | £1.1m | £1.1m |
| 31/03/2022 | £1.1m | £1.1m |
| 31/03/2021 | £588k | £445k |
Common questions
Is YOUNG CAMDEN FOUNDATION financially healthy?
The accounts state that the charity recorded a surplus of £25,932 for the year ended 31 March 2023, with total income of £1,143,557 and expenditure of £1,117,625. Free reserves increased to £209,000, a figure the trustees note exceeds their stated policy target range of £112,600 to £151,200. The trustees confirmed adequate resources for the foreseeable future, and the auditors reported no material uncertainties regarding going concern. Its FY2023 accounts were audited by Critchleys Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT | 2 | £10k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £10k |
| THE SHAFTESBURY HOMES AND ARETHUSA | 1 | £10k |