Your Ambition
To promote and provide for the advancement, education and training of adults and young people in all aspects of technology and to rehabilitate and help them back to work directly or through third parties, including community participation in recreational sports that have a positive impact on their social integration, mobility, mental or physical wellbeing or the environment in which it operates.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds totalled £1,307,633 at the balance sheet date, with cash reserves of £585,999. The charity reported a net income of £48,515 for the year, derived primarily from a Ministry of Justice contract that ended in February 2025. The trustees consider the financial position to be satisfactory and have prepared the accounts on a going concern basis despite the loss of their main income source.
What the accounts disclose
Corporate structure
- Registered company of the charity Companies House 01913019 · Financial health read from its filings
Leadership, per the charity’s website
- John Baumback — Executive Chairman
- Micaela Joannou — Employee Trustee Director
Company officers (Companies House)
- STEPHENSON, Raymond on trustee list
- COOPER, Peter Albert on trustee list
- LEE, Edward David on trustee list
- BIRKETTS SECRETARIES LIMITED
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- EDWARD LEE
- Peter Albert Cooper
- Raymond Stephenson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £1.1m |
| 31/03/2024 | £1.5m | £1.4m |
| 31/03/2023 | £1.4m | £1.3m |
| 31/03/2022 | £1.0m | £1.0m |
| 31/03/2021 | £309 | £33k |
Common questions
Is Your Ambition financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds totalled £1,307,633 at the balance sheet date, with cash reserves of £585,999. The charity reported a net income of £48,515 for the year, derived primarily from a Ministry of Justice contract that ended in February 2025. The trustees consider the financial position to be satisfactory and have prepared the accounts on a going concern basis despite the loss of their main income source. Its FY2025 accounts were audited by Goldwyns Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ANGUS LAWSON MEMORIAL TRUST | 2 | £57k |
| SHAAREI RACHAMIM LIMITED | 2 | £36k |
| MYRDLE CHARITIES | 2 | £12k |
| THE GRANT FOUNDATION | 1 | £1.1m |
| THE FOOTBALL FOUNDATION | 1 | £550k |
| FRIENDS OF WIZNITZ LIMITED | 1 | £393k |
| SF FOUNDATION | 1 | £209k |
| THE ROTHSCHILD FOUNDATION | 1 | £200k |
Charities like this
- MILTON KEYNES DONS FOOTBALL CLUB SPORTS & EDUCATION TRUST
- COMMUNITIES AND HOUSING INVESTMENT IN PEOPLE
- RESTORE HOPE
- SPORTINSPIRED LTD
- READING FC COMMUNITY TRUST
- ABILITY NORTH LONDON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Your Ambition | £1.2m | — | 0 | unclear | — | no doubt |
| MILTON KEYNES DONS FOOTBALL CLUB SPORTS & EDUCATION TRUST | £3.9m | — | 0 | below | — | no doubt |
| COMMUNITIES AND HOUSING INVESTMENT IN PEOPLE | £207k | — | 0 | within | — | no doubt |
| RESTORE HOPE | £1.4m | — | — | below | — | no doubt |
| SPORTINSPIRED LTD | £1.4m | unclear | 0 | above | — | no doubt |
| READING FC COMMUNITY TRUST | £2.4m | — | — | above | — | no doubt |