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SHEFFIELD FUTURES

Registered charity 1044940 · accounts filings on the Charity Commission register · also known as SHEFFIELD CAREERS GUIDANCE SERVICES

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Latest income
£1.3m
Latest spending
£2.0m
Registered
1995
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net deficit of £645,737 for the year, primarily due to a reduction in contract income following the end of a major council contract. However, the trustees consider the overall reserves position to remain strong, with unrestricted cash reserves of £2,746,820 exceeding the policy target of three months' expenditure.

What the accounts disclose

Highest-paid employee band: over £60,000 — below the median for charities its size (£70k)
“There was one employee earning over £60,000 (2022: one).” — page 25
Per its FY2023 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“There was one employee earning over £60,000 (2022: one).” — page 25
Per its FY2023 accounts as filed with the Charity Commission.
Reserves policy: three months of normal operating costs (held: £4.0m)
“The charity reserves policy makes provision to retain a minimum of three months of normal operating costs.” — page 11
Per its FY2023 accounts as filed with the Charity Commission.
Pension scheme deficit: £242k
“The overall pension liability has decreased in the year to £242k (2022: £739k).”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Grant Thornton UK LLP. Discloses 6 of 6 completeness components.

Public fundraising profile: JustGiving — Sheffield Futures (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.3m
Total spending
£2.0m
Cost of raising funds
£8k
Reserves (reported)
£2.7m
Employees
57

Reported reserves equal ~16.6 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Sheffield City

Income and spending

Financial year endIncomeSpending
31/03/2025£1.3m£2.0m
31/03/2024£1.4m£2.2m
31/03/2023£1.8m£2.4m
31/03/2022£1.9m£2.4m
31/03/2021£3.4m£3.7m

Common questions

Is SHEFFIELD FUTURES financially healthy?

The accounts state that the charity reported a net deficit of £645,737 for the year, primarily due to a reduction in contract income following the end of a major council contract. However, the trustees consider the overall reserves position to remain strong, with unrestricted cash reserves of £2,746,820 exceeding the policy target of three months' expenditure. Its FY2023 accounts were audited by Grant Thornton UK LLP.

What does the highest-paid employee of SHEFFIELD FUTURES earn?

Per its FY2023 accounts, the highest-paid employee was in the over £60,000 band, and 1 employees earned over £60,000.

Who funds SHEFFIELD FUTURES?

Funders whose own accounts filings name SHEFFIELD FUTURES as a grant recipient include MONTPELIER FOUNDATION LIMITED.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
MONTPELIER FOUNDATION LIMITEDFY2021£8k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund17/09/2008£24k"Shaping the Future: The History of the Civil Rights Movement"