Charity Accounts Intelreading the accounts so you don’t have to

GENERATION: YOU EMPLOYED, UK

Registered charity 1183046 · accounts filings on the Charity Commission register · also known as GEN UK, GENERATION, GENERATION UK · also registered in Scotland as SC051446 (OSCR)

The Charity relieves unemployment in England and Wales through: (a) providing and promoting training and retraining; (b) facilitating access to work experience, apprenticeships and employment opportunities; (c) providing mentoring, guidance and advice;and (d) providing other support.

Causes: Education/training · Other Charitable Purposes · website · Get email alerts

Latest income
£5.0m
Latest spending
£5.0m
Registered
2019
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £4,578 for the year ended 31 December 2024, with total unrestricted reserves of £497,471. The trustees confirm that the financial statements are prepared on a going concern basis, supported by secured funding and a 12-month cash flow forecast extending to May 2026. The charity holds £1.185m in unrestricted cash, which exceeds its stated policy target of two months of spend.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £150,001 - £160,000 — above the 90th percentile for charities its size (median £70k)
“£150,000 to £159,999 - 1” — page 22
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: 2 months of spend (held: £497k)
“This policy outlines that the targeted level of minimum reserves is 2 months of spend, held as cash at any one time.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Meadows & Co Limited. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£5.0m
Total spending
£5.0m
Cost of raising funds
£84k
Reserves (reported)
£497k
Employees
78

Reported reserves equal ~1.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (91% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 1.7% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£5.0m£5.0m
31/12/2023£5.0m£5.0m
31/12/2022£4.8m£4.8m
31/12/2021£4.1m£3.8m
31/12/2020£2.7m£2.6m

Common questions

Is GENERATION: YOU EMPLOYED, UK financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £4,578 for the year ended 31 December 2024, with total unrestricted reserves of £497,471. The trustees confirm that the financial statements are prepared on a going concern basis, supported by secured funding and a 12-month cash flow forecast extending to May 2026. The charity holds £1.185m in unrestricted cash, which exceeds its stated policy target of two months of spend. Its FY2024 accounts were audited by Meadows & Co Limited.

What does the highest-paid employee of GENERATION: YOU EMPLOYED, UK earn?

Per its FY2024 accounts, the highest-paid employee was in the £150,001 - £160,000 band.

Who funds GENERATION: YOU EMPLOYED, UK?

Funders whose own accounts filings name GENERATION: YOU EMPLOYED, UK as a grant recipient include IMPETUS - THE PRIVATE EQUITY FOUNDATION, THE RIGBY FOUNDATION, LSEG Foundation, CHARTERHOUSE-IN-SOUTHWARK.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
IMPETUS - THE PRIVATE EQUITY FOUNDATIONFY2025£378kGrants to Impetus portfolio partners
IMPETUS - THE PRIVATE EQUITY FOUNDATIONFY2024£300kGrants payable to portfolio charities
THE RIGBY FOUNDATIONFY2025£200k
IMPETUS - THE PRIVATE EQUITY FOUNDATIONFY2023£50kGrant funding to portfolio charities
LSEG FoundationFY2022£32k
CHARTERHOUSE-IN-SOUTHWARKFY2022£200

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
City Bridge Foundation24/06/2023£247kGrant to Generation: You Employed, UK

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
KUSUMA TRUST UK1£505k
PRISM THE GIFT FUND1£122k
CRIPPLEGATE FOUNDATION1£71k
THE CHILDHOOD TRUST1£53k
BUPA FOUNDATION1£50k
PAUL HAMLYN FOUNDATION1£40k
CURIOUS MINDS1£26k
YOUNG CAMDEN FOUNDATION1£23k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with COMMUNITIES AND HOUSING INVESTMENT IN PEOPLE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
GENERATION: YOU EMPLOYED, UK£5.0m£150,001 - £160,000—unclear—no doubt
COMMUNITIES AND HOUSING INVESTMENT IN PEOPLE FY2024£207k—0within—no doubt
GENERATE OPPORTUNITIES LTD FY2025£2.2m—0below—no doubt
WARRINGTON TRAINING TRUST LIMITED FY2025£419k£60,001 - £70,0001unclear—no doubt
EMPLOYMENT RESOURCE CENTRE FY2025£395kmore than £60,0001within—no doubt
THE GENERATIONS FOUNDATION FY2025£138k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.