Finance Score: 2
Governance Score: 6
Support Score: 9
  • Strong growth: +2
  • No PartB
  • Good trustee age range: +3
  • Gender balanced board: +3
  • Grant maker support: +9
Overall GiG Score: 17 ?

PROSPEX 

We work with disadvantaged young people aged 8-21 in Islington, London, & neighbouring boroughs, areas of social deprivation, high youth crime, & low attendance in school & jobs. Young people suffer low self esteem & lack longterm, stable, one-to-one relationships. We have 3 workstreams: Street Team outreach work; Youth Hubs providing personal development & positive activities; & One2One support.
Analysis by Giving is Great

Positives:

  • There has been strong growth in spending over the last 5 years
  • There have been no material income shortfalls in recent years
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of age and gender

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
Established: 23 years

www.prospex.org.uk

info@prospex.org.uk

02076077626

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/05/23£389£387£3n/an/an/an/an/a9
31/05/22*£379£411£-32n/an/an/an/an/a5
31/05/21£425£338£88n/an/an/an/an/a11
31/05/20£343£305£37n/an/an/an/an/a15
31/05/19£328£285£43n/an/an/an/an/a17
31/05/18£256£222£34£0£0£0n/a00
31/05/17£213£143£70£0£0£0n/a00
31/05/16£168£190£-22£0£0£0n/a00
31/05/15£196£188£8£0£0£0n/a00
31/05/14£147£155£-8£0£0£0n/a00
31/05/13£120£143£-23£0£0£0n/a00
31/05/12£137£148£-11£0£0£0n/a00
31/05/11£156£160£-4£0£0£0n/a00
31/05/10£231£161£70£0£0£0n/a00
31/05/09£185£177£8£0£0£0n/a00
31/05/08£242£213£30£0£0£0n/a00
31/05/07£164£181£-17£0£0£0n/a00
31/05/06*£247£204£43£0£0£0n/a00
31/05/05£121£121£1£0£0£0n/a00
31/05/04*£100£102£-1£0£0£0n/a00

Highest pay bracket: less than £60,000
Listed activities
  • Economic/Community Development/Employment
  • Education/Training
  • Recreation
  • The Prevention Or Relief Of Poverty
How it operates
  • Other charitable activities
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Islington,
Who it helps
  • Children/Young People
Who works here?
  • Unknown number of employees
  • 9 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
City Bridge Trust£211,500
Greater London Authority£66,142
DCMS£32,960
BBC Children in Need£30,443
Hyde Charitable Trust£24,164
Cloudesley£20,000
Garfield Weston Foundation£15,000
Cripplegate Foundation£11,875
Specific Donations
Amount When
Months
To be used for
Co-Operative Group - Grant to Prospex
£2,042 21/10/2023
This funding will allow us to offer an engaging, fun and quality free holiday provision from our youth centre for local young people living with disadvantages, using sports, food, trips and games.
National Lottery Community Fund - MH - Summer Prospex
£5,772 04/08/2023
This project will work with at-risk young people in Islington to develop their opportunities and experiences through street outreach and a youth centre. Activities will include arts and crafts day ....more
Cloudesley - Grant to Prospex
£10,000 21/02/2023
Prospex Listens and Cares (PLC)
City Bridge Trust - Grant to Prospex
£211,500 27/01/2023
60
£211,500 over 5 years (£42,300 x 5) towards the costs for Prospex Listens and Cares (PLC), a mental health counselling service for young people delivered in a safe environment.
Hyde Charitable Trust - Booster Fund 2022/23
£4,000 13/01/2023
Booster Fund 2022/23
Masonic Trust - MCF Small Grant
£10,000 16/08/2022
Unrestricted core funding for small charities
Youth Music - Prospex Music
£11,352 21/07/2022
Prospex Music
Sport England - Jubilee Fund - Prospex Kayaking
£2,090 27/04/2022
The project will enable 10 young people to attend 12 weekly sessions at the boat club teaching paddling and kayak skills and will give young people their 'Go Paddling Start' and 'Discover Kayak' ....more
Hyde Charitable Trust - Prospex Street Team Packington
£10,000 22/03/2022
Prospex Street Team Packington
Hyde Charitable Trust - Detached Outreach in Packington
£10,164 09/03/2022
Detached Outreach in Packington
BBC Children in Need - Grant to Prospex
£30,443 31/01/2022
Life skills programme for young women in Islington. By attending sessions participants will have improved confidence and self-esteem, develop leadership skills and raise their aspirations.
Garfield Weston Foundation - Multi-Year Grant (3 Years) award
£15,000 05/11/2021
Prospex Core
Cloudesley - Grant to Prospex
£10,000 23/02/2021
Prospex Listens and Cares
Cripplegate Foundation - Grant To Prospex
£11,875 22/09/2020
Girls Group
DCMS - Coronavirus Community Support Fund
£32,960 08/07/2020
"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to ....more
Woodward Charitable Trust - Towards Covid-19 emergency response costs.
£1,000 03/07/2020
Towards building online resources for young people, including key services such as food banks, training opportunities, online education, challenges and games during the Covid-19 pandemic.
Co-Operative Group - Grant to Prospex
£7,910 15/11/2019
We want to provide outdoor adventures and learning opportunities, so that young people can explore outside of their urban confines.
Greater London Authority - Prospex
£66,142 01/09/2019
Positive activities for young people involved in crime or at risk of crime or exclusion
Virgin Money Foundation - Grant to Prospex
£1,000 06/03/2019
Grant through the Heart of the Community Fund used to purchase new equipment for their Youth Hub which promotes health and well-being and encourages creativity, team building and problem solving.
National Lottery Community Fund - Prospex
£379,142 22/02/2019
60
The project will continue to grow their support services to vulnerable young people to address the issues they face and lead positive fulfilling lives.
Woodward Charitable Trust - Towards continuing the Young Leaders Programme
£1,000 13/11/2018
Towards continuing the Young Leaders Programme.
The Leathersellers' Company Charitable Fund - Grant to Prospex
£30,000 05/10/2018
48
Main Grant unrestricted core costs
BBC Children in Need - Grant to Prospex
£29,208 13/03/2018
36
A support hub providing positive activities and residential trips for young women who may be economically and socially disadvantaged. Young women will benefit through increased confidence, improved ....more
Henry Smith Charity - Grant to Prospex
£78,700 07/12/2017
36
towards three years' running costs of a project providing life skills sessions and support to disadvantaged young people in the London Borough of Islington
Co-Operative Group - Grant to Prospex
£4,875 29/11/2017
We will take young people out of the estates they live in and into the countryside to experience new landscapes and challenges.
Garfield Weston Foundation - Multi-Year Grant (3 Years) award
£60,000 26/09/2017
Underground Youth Hub
Cripplegate Foundation - Grant To Prospex
£15,944 10/11/2016
Towards the costs of the Prospex Mechanix Club
Woodward Charitable Trust - Towards the Young Leaders programme in Islington
£2,000 04/11/2016
Towards the Young Leaders programme in Islington.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)
Current Trustees appointed
Gender Split

Age Range of Trustees: 31-89
  • MONIQUE FERDINAND Appointed: 2020, Occupation: Assistant Director Healthcare Consulting Nel
  • VLAD LEVITSKY Appointed: 2021, Occupation: Employee Communications Manager
Legal constitution
  • Charitable company registered in England & Wales on 18/07/2001, number: 1087591
  • Registered at Companies House on 29/05/2001, number: 04224699
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • 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
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
20 returns made; AR22: 215 days late, AR06: 0 days late, AR04: 25 days late,
Main office

The Underground Youth Centre
Piper Close
Islington
LONDON
N7 8TQ

Objectives

1. TO PROVIDE OR TO PROMOTE THE PROVISION OF RECREATIONAL AND LEISURE TIME FACILITIES IN THE INTEREST OF SOCIAL WELFARE SO AS TO DEVELOP THE SOCIAL AND PERSONAL SKILLS OF YOUNG PEOPLE SO THAT THEY MAY GROW TO FULL MATURITY AS RESPONSIBLE ADULTS AND SO THAT THEY ARE BETTER ABLE TO IDENTIFY THEIR NEEDS AND PARTICIPATE MORE FULLY IN SOCIETY.2. TO ADVANCE EDUCATION FOR YOUNG PEOPLE BY THE PROVISION OF OR BY PROMOTING THE PROVISION OF TRAINING AND EDUCATIONAL PROGRAMMES AND FACILITIES ENABLING THEM TO DEVELOP THEIR KNOWLEDGE, ACQUIRE SKILLS AND REALISE THEIE FULL POTENTIAL.3. TO RELIEVE POVERTY OF YOUNG PEOPLE BY THE PROVISION OF FINANCIAL SUPPORT AND BY PROVIDING OR PROMOTING THE PROVISION OF INFORMATION AND ADVICE IN MATTERS CONCERNING HEALTH, HOUSING, EMPLOYMENT, EDUCATION AND BENEFITS.

Defined Area of Benefit:

GREATER LONDON

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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