ALTERNATIVE FUTURES GROUP LIMITED
Latest income
£80.7m
Latest spending
£76.7m
Registered
1992
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity recorded its fifth consecutive year of surplus, with total group funds increasing to £40.1m. The trustees confirm that unrestricted reserves of £38.97m significantly exceed the stated minimum policy target of £7.5m, providing substantial headroom to manage sector funding challenges.
What the accounts disclose
Reserves policy: minimum target of free reserves of £7.5m (held: £39.0m)
“The revised Reserves Policy was approved by Audit and Risk Committee (14/05/25) and set a minimum target of free reserves of £7.5m” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Red Hazels Developments Limited
“Red Hazels Developments Limited, a private limited company limited by shares (Company Registration Number 09498298), founded in 2015 as a wholly owned subsidiary of AFG to deliver commercial activities.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£80.7m
Total spending
£76.7m
Reserves (reported)
£28.1m
Employees
1,638
Care Quality Commission ratings
- Alternative Futures Group Limited: Requires improvement
- AFG Community West Lancashire: Good
- Meadow Park: Good
- Millbrook: Good
- Fir Trees Independent Hospital: Good
- Oak Lodge: Good
- AFG Community East Lancashire: Good
- Weaver Lodge: Good
- Cheshire & Manchester: Good
- Naylorsfield and Hartsbourne: Good
Trustees
- Brian Martin walshchair
- Alex Fox
- Andrew Kerr
- Beatrice Udeh
- Dr Tessa Sharon Myatt
- Janet Wilkinson
- Jean Henderson
- John McLuckie
- Lee Mooney
- Louise Marsden
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £80.7m | £76.7m |
| 31/03/2024 | £72.4m | £68.0m |
| 31/03/2023 | £65.4m | £60.9m |
| 31/03/2022 | £61.4m | £59.6m |
| 31/03/2021 | £60.0m | £58.0m |
Common questions
Is ALTERNATIVE FUTURES GROUP LIMITED financially healthy?
The accounts state that the charity recorded its fifth consecutive year of surplus, with total group funds increasing to £40.1m. The trustees confirm that unrestricted reserves of £38.97m significantly exceed the stated minimum policy target of £7.5m, providing substantial headroom to manage sector funding challenges. Its FY2025 accounts were audited by RSM UK Audit LLP.