Finance Score: -5
Governance Score: 2
Support Score: 6
  • Multiple Deficits and declines: -5
  • No PartB
  • No conflicts policy: -1
  • Gender balanced board: +3
  • Grant maker support: +6
Overall GiG Score: 3 ?

PARALLEL YOUTH ENTERPRISE 

There are 2 projects that come under the umbrella of the Parallel Youth Enterprise. They are i) Lambeth Summer Camps, recreational and educational summer activities ii) Lambeth Boxing Awards, a non-contact boxing club.
Analysis by Giving is Great

Positives:

  • Spending has increased over the last 3 years relative to the previous period
  • 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 gender

Regulatory & Governance issues to consider:

  • This charity does not have a Conflict of Interests policy

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
  • Income has been volatile and on several occasions in recent years less than spending
Established: 8 years

www.parallelyouthenterprise.com

lsptlspt1@gmail.com

01892664996

Charity Commission for England and Wales
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
31/08/23£93£123£-31n/an/an/an/an/a3
31/08/22£95£102£-7n/an/an/an/an/a8
31/08/21£137£91£46n/an/an/an/an/a13
31/08/20£31£90£-59n/an/an/an/an/a10
31/08/19£139£101£39n/an/an/an/an/a10
31/08/18£108£85£24£0£0£0n/a00
31/08/17£85£115£-31£0£0£0n/a00
31/08/16£100£48£52£0£0£0n/a00

Highest pay bracket: less than £60,000
Listed activities
  • Education/Training
  • General Charitable Purposes
  • Other Charitable Purposes
  • Recreation
How it operates
  • Provides services
Where it operates
  • Lambeth, Wandsworth,
Who it helps
  • Children/Young People
  • People Of A Particular Ethnic Or Racial Origin
Who works here?
  • Unknown number of employees
  • 3 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
Garfield Weston Foundation£20,000
National Lottery Community Fund£7,000
The Childhood Trust£5,000
The Wimbledon Foundation£5,000
The Foyle Foundation£3,200
The Clothworkers Foundation£3,000
The Leathersellers' Company Charitable Fund£2,500
Co-Operative Group£1,896
Specific Donations
Amount When
Months
To be used for
Co-Operative Group - Grant to Parallel Youth Enterprise
£1,896 22/10/2022
We will deliver a four-week summer camp programme of workshops, trips out and sport at two sites (Lambeth & Wandsworth) for more than two-hundred, 9 to 16 year olds during July and August 2022.
Garfield Weston Foundation - Main Grants award
£10,000 11/03/2022
Lambeth and Wandsworth Summer Camps
The Childhood Trust - Parallel Youth Enterprise
£5,000 22/06/2021
With local police we will deliver a 4 week Summer Camp, with 14 workshops a 100 trips out in Lambeth and Wandsworth for 200 young people during July and August. The NHS guidelines say that young ....more
The Wimbledon Foundation - Summer activity programme for young people in Wandsworth
£5,000 11/06/2021
4 week Summer Camp programme of workshops, trips out and sport in Wandsworth for up to one hundred young people during July and August.
The Clothworkers Foundation - Grant to Parallel Youth Enterpise
£3,000 03/03/2021
purchase IT equipment for a charity supportin disadvantaged young people in London
The Leathersellers' Company Charitable Fund - Grant to Parallel Youth Enterpise
£2,500 15/02/2021
12
Small Grant unrestricted core costs
The Foyle Foundation - Small Grants
£3,200 11/02/2021
towards the 2021 summer activities for young people in South London (awarded grant in response to coronavirus)
National Lottery Community Fund - Lambeth & Wandsworth Summer Camps
£7,000 12/01/2021
2
The funding will be used to deliver a programme of activities for young people including workshops trips and sport activities. The project aims to provide positive activities which will reduce the ....more
Woodward Charitable Trust - Towards a summer play scheme.
£450 24/06/2019
Towards a summer play scheme.
Garfield Weston Foundation - Multi-Year Grant (2 Years) award
£10,000 18/06/2019
Lambeth & Wandsworth Summer Camps
Woodward Charitable Trust - Towards a summer play scheme.
£1,000 05/06/2018
Towards a summer play scheme.
Garfield Weston Foundation - Main Grants award
£7,500 18/04/2018
Lambeth Summer Camps Lambeth Boxing Awards
Woodward Charitable Trust - Towards a summer play scheme.
£1,000 19/06/2017
Towards a summer play scheme.
Quartet Community Foundation - Grant to Parallel Youth Enterprise
£4,080 29/11/2016
Lambeth summer camps - an extensive programme of activities for young people, including canoeing, horse riding, rock climbing.
Woodward Charitable Trust - Towards a summer playscheme
£1,000 25/05/2016
Towards a summer playscheme.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)
Current Trustees appointed
Gender Split

Legal constitution
  • Charity registered in England & Wales on 01/12/2015, number: 1164644
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Paying staff
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
Filing Record
8 returns made; all on time
Main office

KINGSWOOD
KINGS CHASE
CROWBOROUGH
KINGS CHASE
EAST SUSSEX
TN6 1RQ

Objectives

TO ACT AS A RESOURCE FOR YOUNG PEOPLE LIVING PRIMARILY BUT NOT EXCLUSIVELY IN THE LONDON BOROUGH OF LAMBETH BY PROVIDING ADVICE AND ASSISTANCE AND ORGANISING PROGRAMMES OF PHYSICAL, EDUCATIONAL AND OTHER ACTIVITIES (INCLUDING AMATEUR SPORTS THAT PROMOTE HEALTH BY INVOLVING PHYSICAL OR MENTAL SKILL OR EXERTION) AS A MEANS OF: (A) ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS;(B) ADVANCING EDUCATION;(C) RELIEVING UNEMPLOYMENT;(D) PROMOTING GOOD HEALTH AND WELLBEING;(E) PROMOTING GOOD CITIZENSHIP AND CIVIC RESPONSIBILITY;(F) PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITY IN THE INTERESTS OF SOCIAL WELFARE FOR PEOPLE LIVING IN THE AREA OF BENEFIT WHO HAVE NEED BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH A VIEW TO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS.

Defined Area of Benefit:

PRIMARILY BUT NOT EXCLUSIVELY IN THE LONDON BOROUGH OF LAMBETH

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

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great