GRIMSBY YOUTH ZONE
Grimsby Youth Zone exists to help and educate young people resident in Grimsby and surrounding areas. Providing an inspiring environment and positive activities to spend their leisure time and by promoting their full potential in order that they may grow to maturity as individuals and members of society, and that their conditions in life may improve.
Financial health, per its FY2025 accounts
The accounts state that the charity is in its pre-opening phase with total unrestricted reserves of £1,611,586, which the trustees note amounts to over 12 months' cover of current costs. The auditor confirmed that the use of the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue operations.
What the accounts disclose
“One member of staff received payments of £60,000 - £70,000 in the current year” — page 20
“One member of staff received payments of £60,000 - £70,000 in the current year” — page 20
“unrestricted, 'free', reserves should be maintained at a minimum of 3 to 6 months of day to day running costs”
“During the year, Trustees donated a total of £25,000 to the charity (2024: £25,000). Key Management Personnel aggregate remuneration was £68,447 (2024: £31,592). There were no other related party transactions during the year.” — page 23
Year-over-year changes
- Employees paid over £60,000: 0 (FY2024) → 1 (FY2025).
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Adam Daniel Andrew Ottley
- Andrew Pettit
- Anthony Stephen Critchlow
- Carrie Anne Jensen
- David Barton
- David Talbot
- Deborah Cook
- Heidi Stennett
- Joyce Hester Elizabeth Parry
- Lauren Little
- Michael Parker
- Sharon Elizabeth Wroot
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £10.7m | £334k |
| 31/03/2024 | £3.1m | £246k |
| 31/03/2023 | £469k | £47k |
| 31/03/2022 | £470k | £9k |
| 30/09/2020 | £440k | £2k |
Common questions
Is GRIMSBY YOUTH ZONE financially healthy?
Per its FY2025 accounts: The accounts state that the charity is in its pre-opening phase with total unrestricted reserves of £1,611,586, which the trustees note amounts to over 12 months' cover of current costs. The auditor confirmed that the use of the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue operations. Its FY2025 accounts were audited by Xeinadin Audit Limited.
What does the highest-paid employee of GRIMSBY YOUTH ZONE earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Who funds GRIMSBY YOUTH ZONE?
Funders whose own accounts filings name GRIMSBY YOUTH ZONE as a grant recipient include THE ONSIDE FOUNDATION, NEWBY TRUST LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ONSIDE FOUNDATION | FY2025 | £551k | Capital and Revenue |
| THE ONSIDE FOUNDATION | FY2023 | £275k | Grants to Grimsby Youth Zone |
| THE ONSIDE FOUNDATION | FY2022 | £88k | Capital/Development |
| NEWBY TRUST LIMITED | FY2025 | £20k | Education |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 02/12/2021 | £2.7m | "Great Grimsby: The Horizon Youth Zone HERITAGE ENTERPRISE" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| IGY FOUNDATION | 2 | £405k |
| John Lewis Partnership Foundation | 2 | £214k |
| THE EDWARD GOSTLING FOUNDATION | 2 | £100k |
| THE GREENSLADE FAMILY FOUNDATION | 2 | £61k |
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | 2 | £1k |
| ISSA FOUNDATION | 1 | £324k |
| Brian Mercer Trust | 1 | £320k |
| KUSUMA TRUST UK | 1 | £150k |
Charities like this
- BLACKBURN YOUTH ZONE
- HAMMERSMITH & FULHAM YOUTH ZONE
- WOLVERHAMPTON YOUTH ZONE
- BARKING & DAGENHAM YOUTH ZONE
- GRIMSBY ICE RINK
- CARLISLE YOUTH ZONE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GRIMSBY YOUTH ZONE | £10.7m | £60,001 - £70,000 | 1 | above | — | no doubt |
| BLACKBURN YOUTH ZONE | £5.3m | — | — | unclear | 5.1% | no doubt |
| HAMMERSMITH & FULHAM YOUTH ZONE | £10.4m | more than £60,000 | 1 | unclear | — | no doubt |
| WOLVERHAMPTON YOUTH ZONE | £1.3m | — | 0 | below | — | no doubt |
| BARKING & DAGENHAM YOUTH ZONE | £1.8m | £70,001 - £80,000 | 1 | above | — | no doubt |
| GRIMSBY ICE RINK | £298k | — | 0 | below | — | no doubt |