SOUTHWATER YOUTH PROJECT
Operating within the Christian ethos SYP is a professional, embedded, open access youth project in Southwater & surrounding area providing & signposting young people to a range of affordable & accessible educational, social, community & leisure based activities & opportunities to help their physical, mental, emotional & spiritual development as individuals & as contributing members of society.
Financial health, per its FY2025 accounts
The accounts state that unrestricted income increased by 53% compared to the previous year, resulting in a surplus of £37,659 and an accumulated balance of £72,504. The charity holds £28,768 in reserves, which is below its stated policy target of six months' budgeted expenditure. Employment costs represented 77% of total expenditure, highlighting the reliance on secured core funding for financial sustainability.
What the accounts disclose
“The charity’s policy for holding reserves is that an amount equating to 6 months’ budgeted expenditure should be held.” — page 9
Trustees
- Rev KATHRYN JONES BA MA PGCEchair
- Caroline Louise Penelope Paul
- Dr FIONA JAYNE LOWTHER
- IAIN MARTIN JONES BSC MCIPD
- Jennifer Nagy
- Michael Alan Neale BSc
- Neil David Worth
- Sylvia Joy Leach BA MCIPD
- ilanit Slowly
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £96k | £59k |
| 31/08/2024 | £63k | £56k |
| 31/08/2023 | £44k | £51k |
| 31/08/2022 | £54k | £49k |
Common questions
Is SOUTHWATER YOUTH PROJECT financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted income increased by 53% compared to the previous year, resulting in a surplus of £37,659 and an accumulated balance of £72,504. The charity holds £28,768 in reserves, which is below its stated policy target of six months' budgeted expenditure. Employment costs represented 77% of total expenditure, highlighting the reliance on secured core funding for financial sustainability. Its FY2025 accounts were audited.
Who funds SOUTHWATER YOUTH PROJECT?
Funders whose own accounts filings name SOUTHWATER YOUTH PROJECT as a grant recipient include THE THREE OAKS TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE THREE OAKS TRUST | FY2025 | £5k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 21/05/2026 | £19k | Southwater Youth Project |
| The National Lottery Community Fund | 22/07/2022 | £10k | Southwater Youth Project |