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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.

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Activities & Mission

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.

Areas of Operation

Where this charity is registered to operate, as self-declared to the Charity Commission. These are regulatory classifications, not a list of active programmes, and don't necessarily indicate fundraising activity in each location.

Local Authority

Financial Information

Latest Income
£619,983
Latest Expenditure
£634,665

Financial Efficiency

Program Ratio 98.3%
% of income going directly to charitable activities

Higher than 68% of UK Social welfare charities with income £100K to £1M (sample: 1815). How is this calculated?

Overall Efficiency 96.1%
% of expenditure going to programs (vs overhead)

Higher than 37% of UK Social welfare charities with income £100K to £1M. How is this calculated?

Administrative Ratio 19.4%
Overhead (fundraising + governance) as % of total expenditure

Lower overhead than 11% of UK Social welfare charities with income £100K to £1M. (Lower overhead is generally read as more efficient.) How is this calculated?

Latest Financial Breakdown

Income Sources

Donations & Legacies £614,424
Charitable Activities £0
Other Trading £0
Investments £5,559
Other Income £0

Expenditure Categories

Charitable Expenditure £609,652
Raising Funds £25,013
Governance £97,859
Grants to Institutions £0
Other Expenditure £0

Financial Trend

Annual Returns

As filed with the Charity Commission for England and Wales. Most recent filing covers the financial year ending 2025.

Financial YearIncomeExpenditureCharitable SpendingNet AssetsReservesStaff
2025
£619,983
£634,665£609,652£386,875£149,97226 / 7
2024
£553,087
£520,877£396,943£401,557£181,65520 / 5
2023
£389,361
£386,8430 / 9
2022
£378,756
£410,9110 / 5
2021
£425,271
£337,6670 / 11

Staff column shows: Employees / Volunteers

Frequently asked questions about Prospex

What does Prospex do?

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.

How much income did Prospex report in 2025?

Prospex reported total income of £620k and reported expenditure of £635k for the financial year ending 2025, based on the most recent annual return filed with the Charity Commission.

How efficient is Prospex?

Prospex has a program ratio of 98.3%, meaning that share of its income goes directly to charitable activities. This is higher than 68% of UK Social welfare charities with income £100K to £1M (sample of 1815 charities). See our methodology for how this is calculated.

When was Prospex registered as a charity?

Prospex was registered with the Charity Commission for England and Wales on 18 July 2001 as charity number 1087591. It has been registered for 25 years.

Who runs Prospex?

Prospex is governed by a board of 6 trustees. The chair of trustees is MR MIKE HICKES. Trustees are legally responsible for the charity's governance and are listed in full on its profile.

Where does Prospex operate?

Prospex operates in Islington, as recorded in its Charity Commission filing.

Is Prospex a registered charity?

Yes — Prospex is a registered charity in England and Wales, charity number 1087591.

Details

Address
The Underground Youth Centre
Piper Close
Islington
LONDON
N7 8TQ
Registration Date
18 July 2001
Status
Registered

Registry Information

Organisation Number
3982856
Charity Number
1087591

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Trustees

MR MIKE HICKES Chair
Danielle Cohen
Frances Middleton
Also governs 1 other charity
Monique Ferdinand
ROBIN VOS
Also governs 2 other charities
Vlad Levitsky

Data & trust

Register data refreshed
14 May 2026
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