Finance Score: -1

Governance Score: -8

Support Score: 3

Volatile income
spending growth: -1
No PartB

2 Trustees: -2
Narrow trustee age band: -2
All male board: -3

Grant maker support: +3

Overall GiG Score: -6

HULL YOUTH SUPPORT TRUST

The Hull Youth Support Trust (HYST) is a charity dedicated to supporting young (18-30) aspiring entrepreneurs, start-ups and underemployed people in Hull and the surrounding areas. Through our business incubation and coworking space we will provide affordable premises for young business owners to work out of and to access business advice and support.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

There are only 2 trustees
The Board is completely male
The Board has little diversity in terms of age

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 recently but spending has been maintained

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
31/12/22		£81	£87	£-6	n/a	n/a	n/a	n/a	n/a	0
31/12/21		£101	£149	£-48	n/a	n/a	n/a	n/a	n/a	0
31/12/20	*	£115	£81	£34	n/a	n/a	n/a	n/a	n/a	0
31/12/19		£116	£46	£70	n/a	n/a	n/a	n/a	n/a	10
31/12/18		£111	£104	£7	£0	£0	£0	n/a	0	10
31/12/17		£144	£118	£26	£0	£0	£0	n/a	0	0
31/12/16		£31	£17	£13	£0	£0	£0	n/a	0	0

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Highest pay bracket: less than £60,000

Established: 8 years

www.hullyouthsupporttrust.org

kmh@heysmilefoundation.org

07769836240

Charity Commission for England and Wales

Listed activities

Education/Training
General Charitable Purposes
Other Charitable Purposes
The Prevention Or Relief Of Poverty

GiG Classification

Social youth organisations

How it operates

Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services

Where it operates

Kingston Upon Hull City,

Who it helps

Children/Young People

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
Rank Foundation	£15,600
Two Ridings Community Foundation	£1,000

Specific Donations

Amount	When Months	To be used for
Garfield Weston Foundation - Main Grants award
£20,000	03/07/2020	Core Costs
Two Ridings Community Foundation - Covid19
£1,000	29/04/2020	Funding for a laptop and accessories so that a staff member can work remotely.
Rank Foundation - Resilience Fund HYST 2020
£15,600	17/04/2020	To support core costs
Garfield Weston Foundation - Multi-Year Grant (2 Years) award
£40,000	14/02/2018	Core costs

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (2)

Current Trustees appointed

Gender Split

Age Range of Trustees: 58-68

TIMOTHY JOHN WIGGLESWORTH Appointed: 2020, Occupation: None

ANDREW JOHN BOWDEN Appointed: 2020, Occupation: Retired, Other trusteeship: HEY SMILE FOUNDATION,

Legal constitution

Charitable company registered in England & Wales on 30/08/2016, number: 1168969
Registered at Companies House on 02/04/2016, number: 10099113

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Paying staff
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

7 returns made; AR20: 5 days late,

Main office

Hull Youth Support Trust
161 High Street
HULL
HU1 1NQ

Objectives

THE CHARITY'S OBJECTS (OBJECTS) ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING:THE OBJECTS OF THE CHARITY (THE OBJECTS) ARE:-1) TO PROMOTE THE ADVANCEMENT OF YOUNG PEOPLE IN LIFE AND TO HELP THEM DEVELOP THEIR CAPACITIES TO ENABLE THEM TO BECOME RESPONSIBLE MEMBERS OF SOCIETY, IN PARTICULAR BUT NOT EXCLUSIVELY BY:A) PROVIDING AND SUPPORTING EDUCATION, INSTRUCTION OR TRAINING IN PROFESSIONS, VOCATIONS, INDUSTRIES, CRAFTS TRADES OR THE SKILLS NEEDED IN EMPLOYMENT;B) MAKING YOUNG PEOPLE ECONOMICALLY USEFUL THROUGH THE PROVISION OF ASSISTANCE (INCLUDING FINANCIAL ASSISTANCE) AND ENCOURAGEMENT WHILST THEIR EDUCATION IS BEING ADVANCED AS AFORESAID OR WHILST THEY ARE IN THE PROCESS OF ESTABLISHING NEW BUSINESSES OR PREPARING FOR ENTERING UPON OR ENGAGING IN A PROFESSION TRADE, CRAFT OR SERVICE;C) RELIEVING UNEMPLOYMENT2) THE FURTHERANCE OF SUCH OTHER PURPOSES AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAWS OF ENGLAND AND WALES AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE.

Data Sources