PROSPEX — Charity Commission profile

01 Identity

Registration and reporting

Registration status: Registered
Reporting status: Submission Received
Charity type: Charitable company
Registered: 18 July 2001
Removed: Not supplied
Company number supplied: 04224699
Financial period: 1 June 2024 – 31 May 2025
Latest income: £619,983
Latest expenditure: £634,665
Gift Aid: Yes
Owns or uses land: Yes
In administration: No
Insolvent: No
CIO: No

Public contact address: The Underground Youth Centre, Piper Close, Islington, LONDON, N7 8TQ

Website recorded by the regulator: www.prospex.org.uk (displayed as text)

02 Activities

What the charity does

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.

03 Official extract

Charity Annual Return History

Fin Period Start Date: 1 June 2024
Fin Period End Date: 31 May 2025
Ar Cycle Reference: AR25
Reporting Due Date: 31 March 2026
Date Annual Return Received: 11 February 2026
Date Accounts Received: 11 February 2026
Total Gross Income: £619,983
Total Gross Expenditure: £634,665

Fin Period Start Date: 1 June 2023
Fin Period End Date: 31 May 2024
Ar Cycle Reference: AR24
Reporting Due Date: 31 March 2025
Date Annual Return Received: 11 February 2025
Date Accounts Received: 11 February 2025
Total Gross Income: £553,087
Total Gross Expenditure: £520,877

Fin Period Start Date: 1 June 2022
Fin Period End Date: 31 May 2023
Ar Cycle Reference: AR23
Reporting Due Date: 31 March 2024
Date Annual Return Received: 19 February 2024
Date Accounts Received: 19 February 2024
Total Gross Income: £389,361
Total Gross Expenditure: £386,843

Fin Period Start Date: 1 June 2021
Fin Period End Date: 31 May 2022
Ar Cycle Reference: AR22
Reporting Due Date: 31 March 2023
Date Annual Return Received: 1 November 2023
Date Accounts Received: 21 March 2023
Total Gross Income: £378,756
Total Gross Expenditure: £410,911

Fin Period Start Date: 1 June 2020
Fin Period End Date: 31 May 2021
Ar Cycle Reference: AR21
Reporting Due Date: 31 March 2022
Date Annual Return Received: 3 March 2022
Date Accounts Received: 3 March 2022
Total Gross Income: £425,271
Total Gross Expenditure: £337,667

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind: Yes
Fin Period Order Number: 1
Ar Cycle Reference: AR25
Fin Period Start Date: 1 June 2024
Fin Period End Date: 31 May 2025
Ar Due Date: 31 March 2026
Ar Received Date: 11 February 2026
Total Gross Income: £619,983
Total Gross Expenditure: £634,665
Grant Making Is Main Activity: No
Count Govt Contracts: 2
Count Govt Grants: £3
Income From Government Contracts: 103066
Income From Government Grants: £13,728
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 7

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 2
Ar Cycle Reference: AR24
Fin Period Start Date: 1 June 2023
Fin Period End Date: 31 May 2024
Ar Due Date: 31 March 2025
Ar Received Date: 11 February 2025
Total Gross Income: £553,087
Total Gross Expenditure: £520,877
Grant Making Is Main Activity: No
Count Govt Contracts: 2
Count Govt Grants: £6
Income From Government Contracts: 89998
Income From Government Grants: £31,521
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 5

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 3
Ar Cycle Reference: AR23
Fin Period Start Date: 1 June 2022
Fin Period End Date: 31 May 2023
Ar Due Date: 31 March 2024
Ar Received Date: 19 February 2024
Total Gross Income: £389,361
Total Gross Expenditure: £386,843
Grant Making Is Main Activity: No
Count Govt Contracts: 1
Count Govt Grants: £5
Income From Government Contracts: 45000
Income From Government Grants: £58,884
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 9

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 4
Ar Cycle Reference: AR22
Fin Period Start Date: 1 June 2021
Fin Period End Date: 31 May 2022
Ar Due Date: 31 March 2023
Ar Received Date: 1 November 2023
Total Gross Income: £378,756
Total Gross Expenditure: £410,911
Charity Raises Funds From Public: Yes
Charity Professional Fundraiser: No
Charity Commercial Participator: No
Charity Receives Govt Funding Contracts: Yes
Count Govt Contracts: 5
Charity Receives Govt Funding Grants: No
Income From Government Contracts: 73514
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 5

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 5
Ar Cycle Reference: AR21
Fin Period Start Date: 1 June 2020
Fin Period End Date: 31 May 2021
Ar Due Date: 31 March 2022
Ar Received Date: 3 March 2022
Total Gross Income: £425,271
Total Gross Expenditure: £337,667
Charity Raises Funds From Public: Yes
Charity Professional Fundraiser: No
Charity Commercial Participator: No
Charity Receives Govt Funding Contracts: No
Charity Receives Govt Funding Grants: Yes
Count Govt Grants: £6
Income From Government Grants: £95,172
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 11

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind: Yes
Fin Period Order Number: 1
Ar Cycle Reference: AR25
Fin Period Start Date: 1 June 2024
Fin Period End Date: 31 May 2025
Ar Due Date: 31 March 2026
Ar Received Date: 11 February 2026
Income Donations And Legacies: 614424
Income Other Trading Activities: 0
Income Charitable Activities: 0
Income Investments: 5559
Income Other: 0
Income Total Income And Endowments: 619983
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £25,013
Expenditure Charitable Expenditure: £609,652
Expenditure Other: 0
Expenditure Total: 634665
Expenditure Investment Management: 0
Expenditure Grants Institution: 0
Expenditure Governance: 97859
Expenditure Support Costs: 0
Expenditure Depreciation: 0
Gain Loss Investment: 0
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £149,972
Assets Total Fixed: 0
Assets Own Use: 0
Assets Long Term Investment: 0
Defined Benefit Pension Scheme: 0
Assets Other Assets: £553,491
Assets Total Liabilities: £166,616
Assets Current Investment: 0
Assets Total Assets And Liabilities: £386,875
Creditors One Year Total Current: 166616
Creditors Falling Due After One Year: 0
Assets Cash: £485,561
Funds Endowment: 0
Funds Unrestricted: 149972
Funds Restricted: 236903
Funds Total: 386875
Count Employees: 26
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 2
Ar Cycle Reference: AR24
Fin Period Start Date: 1 June 2023
Fin Period End Date: 31 May 2024
Ar Due Date: 31 March 2025
Ar Received Date: 11 February 2025
Income Donations And Legacies: 540026
Income Other Trading Activities: 0
Income Charitable Activities: 0
Income Investments: 11286
Income Other: 2495
Income Total Income And Endowments: 553807
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £21,081
Expenditure Charitable Expenditure: £396,943
Expenditure Other: 102853
Expenditure Total: 520877
Expenditure Investment Management: 0
Expenditure Grants Institution: 0
Expenditure Governance: 0
Expenditure Support Costs: 123934
Expenditure Depreciation: 0
Gain Loss Investment: 0
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £181,655
Assets Total Fixed: 0
Assets Own Use: 0
Assets Long Term Investment: 0
Defined Benefit Pension Scheme: 0
Assets Other Assets: £574,736
Assets Total Liabilities: £173,179
Assets Current Investment: 0
Assets Total Assets And Liabilities: £401,557
Creditors One Year Total Current: 173179
Creditors Falling Due After One Year: 0
Assets Cash: £555,807
Funds Endowment: 0
Funds Unrestricted: 181655
Funds Restricted: 219902
Funds Total: 401557
Count Employees: 20
Charity Only Accounts: Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type: Local Authority
Geographic Area Description: Islington
Parent Geographic Area Type: Metropolitan Counties
Parent Geographic Area Description: Greater London
Welsh Ind: No

07 Official extract

Charity Classification

Classification Code: 306
Classification Type: How
Classification Description: Provides Services

Classification Code: 201
Classification Type: Who
Classification Description: Children/young People

Classification Code: 113
Classification Type: What
Classification Description: Economic/community Development/employment

Classification Code: 307
Classification Type: How
Classification Description: Provides Advocacy/advice/information

Classification Code: 116
Classification Type: What
Classification Description: Recreation

Classification Code: 102
Classification Type: What
Classification Description: Education/training

Classification Code: 310
Classification Type: How
Classification Description: Other Charitable Activities

Classification Code: 305
Classification Type: How
Classification Description: Provides Buildings/facilities/open Space

Classification Code: 105
Classification Type: What
Classification Description: The Prevention Or Relief Of Poverty

08 Official extract

Charity Event History

Charity Name: PROSPEX
Charity Event Order: 1
Event Type: Standard registration
Date Of Event: 2001-07-18T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description: MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED ON THE 29TH MAY 2001
Charitable Objects: 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.
Area Of Benefit: GREATER LONDON

10 Official extract

Charity Policy

Policy Name: Financial reserves policy and procedures

Policy Name: Paying staff

Policy Name: Complaints handling

Policy Name: Trustee conflicts of interest policy and procedures

Policy Name: Bullying and harassment policy and procedures

Policy Name: Trustee expenses policy and procedures

Policy Name: Volunteer management

Policy Name: Safeguarding policy and procedures

Policy Name: Complaints policy and procedures

Policy Name: Conflicting interests

Policy Name: Safeguarding vulnerable beneficiaries

Policy Name: Serious incident reporting policy and procedures

Policy Name: Internal charity financial controls policy and procedures

Policy Name: Social media policy and procedures

Policy Name: Risk management

Policy Name: Internal risk management policy and procedures