Young K&C
Financial health, per its FY2023 accounts
The accounts state that total net incoming resources increased to £902,739, with total expenditure of £840,781, resulting in a net surplus for the year. The charity holds unrestricted reserves of £82,548, which the trustees consider equivalent to five months of running costs against a policy target of three to six months.
What the accounts disclose
“We have decided that a target level for the General Reserve should be the equivalent of between 3 to 6 months of annual running costs.” — page 13
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Amal Osman
- Andrew William Evans
- Arshian Ali
- John Thalassites
- Natasha Bishopp
- Yusuf Ibrahim
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £933k | £931k |
| 31/03/2024 | £907k | £879k |
| 31/03/2023 | £903k | £841k |
| 31/03/2022 | £531k | £506k |
| 31/03/2021 | £232k | £174k |
Common questions
Is Young K&C financially healthy?
The accounts state that total net incoming resources increased to £902,739, with total expenditure of £840,781, resulting in a net surplus for the year. The charity holds unrestricted reserves of £82,548, which the trustees consider equivalent to five months of running costs against a policy target of three to six months. Its FY2023 accounts were independently examined.
Who funds Young K&C?
Funders whose own accounts filings name Young K&C as a grant recipient include THE KENSINGTON AND CHELSEA FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE KENSINGTON AND CHELSEA FOUNDATION | FY2024 | £20k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT | 2 | £10k |
| THE SHAFTESBURY HOMES AND ARETHUSA | 1 | £10k |