YOUNG GENERATION
TO ADVANCE IN LIFE AND HELP YOUNG PEOPLE THROUGH: (A) THE PROVISION OF RECREATIONAL AND LEISURE TIME ACTIVITIES PROVIDED IN THE INTEREST OF SOCIAL WELFARE, DESIGNED TO IMPROVE THEIR CONDITIONS OF LIFE; (B) PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS
Financial health, per its FY2025 accounts
The accounts state that the charity held free unrestricted reserves of £8,859 at year-end, a decrease from £22,123 in the prior year. The trustees consider this balance acceptable given the nature of revenue receipts and limited financial obligations, noting a policy to maintain reserves roughly equal to net current assets. The charity reported a net expenditure of £13,264 for the year, funded by donations and grants totaling £35,350.
What the accounts disclose
“the trustees have resolved to maintain a minimum reserve roughly equal to the net current assets of the charity.”
Trustees
- BARRY NATHAN FELDMANchair
- ARYEH KATZ
- DANI DAVID MECHLOWITZ
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £35k | £49k |
| 31/03/2024 | £39k | £28k |
| 31/03/2023 | £34k | £39k |
| 31/03/2022 | £27k | £21k |
| 31/03/2021 | £10k | £7k |
Common questions
Is YOUNG GENERATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free unrestricted reserves of £8,859 at year-end, a decrease from £22,123 in the prior year. The trustees consider this balance acceptable given the nature of revenue receipts and limited financial obligations, noting a policy to maintain reserves roughly equal to net current assets. The charity reported a net expenditure of £13,264 for the year, funded by donations and grants totaling £35,350. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 09/02/2024 | £20k | Beacon Of Hope |
| The National Lottery Community Fund | 15/08/2022 | £10k | Project YG |
| UK government | 02/09/2020 | £10k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 05/09/2019 | £10k | Team building |