CONSTRUCTION INDUSTRY TRUST FOR YOUTH

Charity number: 1094323
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Our mission is to remove barriers to contruction related education and training. We do this through a variety of programmes including bursaries, work experience, employability training, support for ex-offenders into employment, support to employers to take positive action regarding work placements for young people.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£1,830,206

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £207.82k
Charitable activities £1.59m
Other trading activities £2.02k
Investments £28.46k
Other £0

Total expenditure:
£1,729,996

Text alternative for this canvas graphic is in the data table below.
Raising funds £0
Charitable activities £1.73m
Other £0

£0 investments gains (losses)

Total income includes £108,105 from 3 government contract(s) and £170,511 from 2 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £0
Charitable expenditure £1.73m
Retained for future use £100.21k

People

38 Employee(s)

12 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£80k to £90k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Individuals
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 24 October 2002: Standard registration
Organisation type:
Charitable company
Other names:
  • CONSTRUCTION YOUTH TRUST (Working name)
  • THE CONSTRUCTION INDUSTRY TRUST FOR YOUTH C.I.T.Y (Working name)
  • THE CONSTRUCTION INDUSTRY TRUST FOR YOUTH (Previous name)
Company number:
04461612 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

12 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Hamzat Alade Temitope Bello Trustee 14 March 2024
None on record
Anthony Oloyede Trustee 08 June 2023
None on record
Patricia Moore Trustee 03 November 2021
None on record
Manjinder Singh Trustee 11 June 2021
None on record
Manon Louise Bradley Trustee 20 May 2019
None on record
Holly Price Trustee 20 May 2019
None on record
Katrina Mary Dowding Trustee 20 May 2019
None on record
Russell Vincent Andrew Taylor Trustee 20 May 2019
None on record
Robert Edward Thomas William McAlpine Trustee 24 August 2018
None on record
MATHEW BAXTER Trustee 21 May 2018
HERTS YOUNG HOMELESS GROUP
Received: On time
Victoria Brambini Trustee 21 May 2018
None on record
Assad Maqbool Trustee 21 May 2018
None on record

Financial history

" role="img"> Text alternative for this canvas graphic is in the data table below.

Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £1.41m £1.28m £1.53m £1.60m £1.83m
Total expenditure £1.14m £1.04m £1.32m £1.61m £1.73m
Income from government contracts £10.00k £25.00k £69.67k £202.95k £108.11k
Income from government grants £78.86k £140.44k £216.34k £189.07k £170.51k
Income - Donations and legacies £221.03k £133.55k £64.38k £110.27k £207.82k
Income - Other trading activities £6.63k £1.74k £6.50k £13.33k £2.02k
Income - Charitable activities £1.18m £1.11m £1.46m £1.47m £1.59m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £3.28k £2.10k £1.35k £7.61k £28.46k
Income - Other £0 £32.35k £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.14m £1.04m £1.32m £1.61m £1.73m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £6.97k £7.51k £7.84k £15.08k £16.11k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £0 £0 £0 £0 £0
Long-term investments £0 £0 £0 £0 £0
Other assets £1.30m £1.54m £2.15m £2.18m £2.29m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £225.49k £224.34k £624.00k £670.19k £679.90k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 20 September 2024 On Time
Accounts and TAR 31 December 2023 20 September 2024 On Time Download Open in new window
Annual return 31 December 2022 13 October 2023 On Time
Accounts and TAR 31 December 2022 13 October 2023 On Time Download Open in new window
Annual return 31 December 2021 04 October 2022 On Time
Accounts and TAR 31 December 2021 04 October 2022 On Time Download Open in new window
Annual return 31 December 2020 29 September 2021 On Time
Accounts and TAR 31 December 2020 29 September 2021 On Time Download Open in new window
Annual return 31 December 2019 25 August 2020 On Time
Accounts and TAR 31 December 2019 25 August 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 02/06/2002 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 02/07/2008 as amended on 09 Mar 2020 as amended on 07 Sep 2020

Charitable objects

TO CREATE, SUPPORT OR FACILITATE PROGRAMMES OF EDUCATION, LEARNING, TRAINING OR EMPLOYMENT IN THE CONTEXT OF THE CONSTRUCTION AND BUILT ENVIRONMENT INDUSTRIES. TO IMPROVE THE CONDITIONS OF LIFE FOR YOUNG PEOPLE IN THE UNITED KINGDOM AND TO OVERCOME BARRIERS TO THEIR EDUCATION, LEARNING, TRAINING OR EMPLOYMENT ARISING BY REASON OF THEIR YOUTH, DISABILITY OR ECONOMIC OR SOCIAL CIRCUMSTANCE, WITH PARTICULAR REFERENCE TO THE SKILLS OF THE CONSTRUCTION AND BUILT ENVIRONMENT INDUSTRIES. TO EDUCATE, TRAIN, ASSIST AND FACILITATE SUCH INDIVIDUALS OR GROUPS TO DEVELOP THEIR PHYSICAL AND MENTAL CAPACITIES AND SKILLS.

Area of benefit

The area the charity can operate in, as set out in its governing document.

UNITED KINGDOM

Contact information

Address:
LONDON SCOTTISH HOUSE
95 HORSEFERRY ROAD
LONDON
SW1P 2DX
Phone:
02074679540
Email:
hello@constructionyouth.org.uk
Website:

www.constructionyouth.org.uk Open in new window