YOUNG ENTERPRISE NORTH WEST

Charity number: 1098926
Removed charity

Charity overview

Activities - how the charity spends its money

Young Enterprise North West is building a connected world of young people, business volunteers and educators, inspiring each other to succeed through enterprise. Each year our business volunteers inspire over 22,000 young people aged 4-25 years. Our programmes empower the next generation with the confidence, ability and ambition to succeed.

Income and expenditure

Data for financial year ending 31 July 2010

Total income:
£824,913

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Donations and legacies £135.30k
Charitable activities £689.16k
Other trading activities £0
Investments £450
Other £0

Total expenditure:
£1,003,783

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Raising funds £0
Charitable activities £921.64k
Other £0

£0 investments gains (losses)

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.

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Raising funds and other expenditure £82.15k
Charitable expenditure £921.64k

Fundraising

No information available

Trading

No information available

Trustee payments

No information available

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • People With Disabilities
  • Other Defined Groups
How the charity helps:
  • Provides Human Resources
  • Provides Services
  • Other Charitable Activities
Where the charity operates:
  • Throughout England

Governance

Registration history:
  • 11 August 2003: Standard registration
  • 08 December 2011: Removed (Ceased to exist)
Organisation type:
Charitable company
Other names:
  • YE NW (Working name)
Gift aid:
No information available
Other regulators:
No information available
Policies:
No policies declared
Land and property:
No information available

Financial history

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Financial period end date

Income / Expenditure 31/07/2006 31/07/2007 31/07/2008 31/07/2009 31/07/2010
Total gross income £1.20m £1.10m £1.14m £699.61k £824.91k
Total expenditure £1.16m £1.10m £1.16m £1.06m £1.00m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies N/A £130.41k £129.20k £148.30k £135.30k
Income - Other trading activities N/A £0 £0 £0 £0
Income - Charitable activities N/A £946.21k £47.65k £544.73k £689.16k
Income - Endowments N/A £0 £0 £0 £0
Income - Investment N/A £20.74k £21.12k £6.14k £450
Income - Other N/A £534 £937.98k £440 £0
Income - Legacies N/A £0 £0 £0 £0
Expenditure - Charitable activities N/A £989.78k £1.03m £945.98k £921.64k
Expenditure - Raising funds N/A N/A N/A N/A N/A
Expenditure - Governance N/A £55.89k £62.67k £60.61k £37.22k
Expenditure - Grants institution N/A £0 £0 £0 £0
Expenditure - Investment management N/A £0 £0 £0 £0
Expenditure - Other N/A £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.

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Asset / Liability 31/07/2006 31/07/2007 31/07/2008 31/07/2009 31/07/2010
Own use assets N/A £17.90k £4.95k £5.60k £1.66k
Long-term investments N/A £0 £0 £0 £0
Other assets N/A £638.15k £632.40k £313.19k £348.38k
Defined benefit pension scheme asset or liability N/A £0 £0 £0 £0
Total liabilities N/A £33.84k £37.13k £76.49k £309.20k

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 July 2011 Not submitted
Accounts and TAR 31 July 2011 Not submitted
Annual return 31 July 2010 05 April 2011 On Time
Accounts and TAR 31 July 2010 05 April 2011 On Time
Annual return 31 July 2009 24 May 2010 On Time
Accounts and TAR 31 July 2009 28 April 2010 On Time
Annual return 31 July 2008 29 May 2009 On Time
Accounts and TAR 31 July 2008 29 May 2009 On Time

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 OF ASSOCIATION INCORPORATED 19 JUNE 2003 AS AMENDED BY SPECIAL RESOLUTION DATED 27 JUNE 2005 AND 27 MARCH 2007

Charitable objects

1. THE ADVANCEMENT OF EDUCATION AND IN PARTICULAR COMMERCIAL EDUCATION IF AND IN SO FAR AS SUCH PURPOSE SHALL BE CHARITABLE; AND 2. WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING AND SUBJECT TO THE LIMITATION AFORESAID, TO EDUCATE YOUNG PEOPLE IN THE UNITED KINGDOM IN THE ORGANISATION, METHODS AND PRACTICE OF COMMERCE AND INDUSTRY AND IN ALL SUBJECTS RELATED THERETO.

Area of benefit

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

WITHIN THE REGION OF THE NORTH WEST