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YOUNG WOMEN INTO FINANCE

Registered charity 1200431 · accounts filings on the Charity Commission register

The charity provides a scholarship programme to support young women from diverse backgrounds to pursue a career in the finance sector to redress the gender imbalance in the finance sector.

Causes: Education/training · website · Get email alerts

Latest income
£63k
Latest spending
£49k
Registered
2022
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the year with unrestricted funds of £47,818, having generated a surplus of £13,034 from sponsorship income of £62,500 against total expenditure of £49,466. The trustees confirmed adequate resources for the foreseeable future, noting that no formal reserves policy has been developed yet due to the charity's current scale. The organization relies on corporate sponsorships and volunteer support, with no paid staff or trustee remuneration reported.

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

What the accounts disclose

Related-party transaction: One Search Ltd, a party related through a director also being a trustee. During the year the charity's cash assets that were held by One Search Ltd solely for use by YWIF, which included receiving receipts and making payments, were paid to YWIF in full. At the year end the amount held by One Search Ltd amounted to £nil (2023 - £37,724).
“One Search Ltd, a party related through a director also being a trustee. During the year the charity's cash assets that were held by One Search Ltd solely for use by YWIF, which included receiving receipts and making payments, were paid to YWIF in full. At the year end the amount held by One Search Ltd amounted to £nil (2023 - £37,724). During the year YWIF paid CISI grant fees relating to a US charity with the same aims related through One Search Ltd. This amounted to £1,258 which One Search Ltd has agreed to repay and is included in other debtors.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£63k£49k
31/12/2023£60k£25k

Common questions

Is YOUNG WOMEN INTO FINANCE financially healthy?

Per its FY2024 accounts: The accounts state that the charity ended the year with unrestricted funds of £47,818, having generated a surplus of £13,034 from sponsorship income of £62,500 against total expenditure of £49,466. The trustees confirmed adequate resources for the foreseeable future, noting that no formal reserves policy has been developed yet due to the charity's current scale. The organization relies on corporate sponsorships and volunteer support, with no paid staff or trustee remuneration reported. Its FY2024 accounts were independently examined.