THE DOWNSIDE SETTLEMENT
DFYC, open to all young without discrimination, supports socially excluded young people in Bermondsey and around, enabling them to fulfil their potential through a structured and varied programme of activities, which the staff actively supervise and join in during all sessions. Based on Christian principles, young people discover meaning to their lives and contribute to their local communities.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net income of £49,596 for the year ended 31 March 2025, with total funds carried forward of £384,740. The trustees note that while the cash position was positive, the charity continues to feel pressure from cost increases, particularly national insurance, making it challenging to build reserves. The going concern basis is supported by the adequacy of reserves and the ability to meet liabilities as they fall due.
What the accounts disclose
“one of the objectives of the trustees remains to build a small buffer so that we can survive any further unforeseen cost pressures.” — page 4
Funders the charity credits
- National Lottery
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Robert Henry Dewes Cokechair
- ANTON DE PIRO D'AMICO INGUANEZ
- CHARLES GERADA
- Charlotte Bamford
- Daemon Keith Bear
- Ivone William Kirkpatrick
- JOHN NICHOLAS COTTON
- JOY TOGHILL
- Matthew James Robert Valenzia
- Neil Geoffrey Woodings
- Oliver James Kenneth Roderick Mellotte
- Tabitha Jane Gabriel Barran
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £555k | £506k |
| 31/03/2024 | £390k | £428k |
| 31/03/2023 | £399k | £511k |
| 31/03/2022 | £427k | £452k |
| 31/03/2021 | £375k | £406k |
Common questions
Is THE DOWNSIDE SETTLEMENT financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a net income of £49,596 for the year ended 31 March 2025, with total funds carried forward of £384,740. The trustees note that while the cash position was positive, the charity continues to feel pressure from cost increases, particularly national insurance, making it challenging to build reserves. The going concern basis is supported by the adequacy of reserves and the ability to meet liabilities as they fall due. Its FY2025 accounts were independently examined.
Who funds THE DOWNSIDE SETTLEMENT?
Funders whose own accounts filings name THE DOWNSIDE SETTLEMENT as a grant recipient include SIR HAROLD HOOD'S CHARITABLE TRUST, UNITED ST SAVIOUR'S CHARITY, SOUTHWARK CHARITIES, CHARTERHOUSE-IN-SOUTHWARK, THE ANGUS LAWSON MEMORIAL TRUST.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 14/10/2024 | £3k | GIRLS KEEP FIT PROJECT |
| City Bridge Foundation | 12/03/2015 | £3k | Eco audit to Downside Settlement |
| The National Lottery Community Fund | 29/09/2011 | £10k | Minibus |
| The National Lottery Community Fund | 14/12/2005 | £5k | New mini bus |
| The National Lottery Community Fund | 21/08/2004 | £5k | camping equipment |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| OPTIGENE FOUNDATION | 1 | £238k |
| GARFIELD WESTON FOUNDATION | 1 | £200k |
| THE MEDLOCK CHARITABLE TRUST | 1 | £145k |
| THE BLAGRAVE TRUST | 1 | £37k |
| THE ROPER FAMILY CHARITABLE TRUST | 1 | £25k |
| THE SIR TOM COWIE CHARITABLE TRUST | 1 | £20k |
| THE ROTHLEY TRUST | 1 | £17k |
| SYLVANUS LYSONS CHARITY | 1 | £11k |
Charities like this
- YMCA DOWNSLINK GROUP
- YMCA THAMES GATEWAY
- NORWICH YOUTH FOR CHRIST
- YMCA Plymouth Ltd
- YOUTH CONNECT SOUTH WEST
- BILLY YOUTH ENGAGEMENT PROJECT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE DOWNSIDE SETTLEMENT | £555k | — | 0 | unclear | — | no doubt |
| YMCA DOWNSLINK GROUP | £16.3m | — | — | below | — | no doubt |
| YMCA THAMES GATEWAY | £9.4m | — | — | below | — | no doubt |
| NORWICH YOUTH FOR CHRIST | £140k | — | 0 | unclear | — | no doubt |
| YMCA Plymouth Ltd | £2.0m | — | 0 | unclear | — | no doubt |
| YOUTH CONNECT SOUTH WEST | £3.1m | — | — | unclear | — | no doubt |