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

FRIENDS OF UPWARD BOUND UK

Registered charity 1202264 · accounts filings on the Charity Commission register

We support projects that provide additional education and personal development opportunities for young people who are experiencing multiple challenges, and who have been identified as at risk of academic underachievement.

Causes: Education/training · Disability · The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts

Latest income
£25k
Latest spending
£19k
Registered
2023
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity ended the year with a surplus of £6,135.80, bringing unrestricted funds to £6,526.01. The trustees report that the organization is in a good position to raise further funding, although they note that previous funding sources are diminishing and they are actively seeking new grants to sustain operations.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: The document states Islington are no longer able to fund the project except with DAOF money. The Chair of DAOF (administered by Brewers Company) introduced the charity to other trusts. Segun Lee-French resigned due to being an employee of LB Islington.
“Islington are no longer able to fund the project except with DAOF money which is diminishing each year.”
Per its FY2025 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: Throughout London

Income and spending

Financial year endIncomeSpending
31/03/2025£25k£19k
31/03/2024£1k£604

Common questions

Is FRIENDS OF UPWARD BOUND UK financially healthy?

Per its FY2025 accounts: The accounts state that the charity ended the year with a surplus of £6,135.80, bringing unrestricted funds to £6,526.01. The trustees report that the organization is in a good position to raise further funding, although they note that previous funding sources are diminishing and they are actively seeking new grants to sustain operations. Its FY2025 accounts were independently examined.