THE PROSPECTS FOUNDATION

Registered charity 1076541 · accounts filings on the Charity Commission register

WE ARE A COMMUNITY-LED CHARITY WORKING FOR ENVIRONMENTAL AND SOCIAL IMPROVEMENTS WHICH BENEFIT THE PEOPLE OF HYNDBURN. OUR MISSION IS TO BE THE KEY MOVEMENT IN HYNDBURN FOR ENVIRONMENTAL SUSTAINABILITY AND TO USE OUR COLLECTIVE KNOWLEDGE, SKILLS, WORK AND EXPERIENCE TO SECURE THIS FOR CURRENT AND FUTURE GENERATIONS.

Causes: Education/training · Environment/conservation/heritage · Economic/community Development/employment · Other Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£358k
Latest spending
£460k
Registered
1999
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves increased to £140,410, with free reserves amounting to £125,410 after accounting for fixed assets. This figure is above the trustees' stated policy target of three months of total expenditure, which is approximately £114,965. The charity reports a net reduction in resources for the year but maintains sufficient cash and unrestricted funds to meet current liabilities.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Energiekontor (52% of income)
“Energiekontor 187,255” — page 19
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of total expenditure (held: £125k)
“it is considered that the level of reserves needs to be adequate to maintain core activities and that the equivalent of three months of total expenditure is appropriate (being approximately £114,965)” — page 10
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

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

Operates in: Lancashire

Income and spending

Financial year endIncomeSpending
31/10/2025£358k£460k
31/10/2024£487k£445k
31/10/2023£387k£351k
31/10/2022£366k£295k
31/10/2021£392k£277k

Common questions

Is THE PROSPECTS FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £140,410, with free reserves amounting to £125,410 after accounting for fixed assets. This figure is above the trustees' stated policy target of three months of total expenditure, which is approximately £114,965. The charity reports a net reduction in resources for the year but maintains sufficient cash and unrestricted funds to meet current liabilities. Its FY2025 accounts were independently examined.

Who funds THE PROSPECTS FOUNDATION?

Funders whose own accounts filings name THE PROSPECTS FOUNDATION as a grant recipient include THE AURORA TRUST, THE NINEVEH CHARITABLE TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE AURORA TRUSTFY2023£4kTo contribute to a summer holiday programme for children and young people in east Lancashire.
THE NINEVEH CHARITABLE TRUSTFY2024£3k

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund18/07/2019£10kEmpowering Community Change in Hyndburn
The National Lottery Heritage Fund28/02/2019£95k"Habitats and Heritage in Hyndburn"
The National Lottery Community Fund31/05/2018£10kRewilding Hyndburn's Green Spaces
The National Lottery Heritage Fund29/02/2016£89k"Connecting People to Hyndburn's Natural Heritage"
The National Lottery Community Fund09/09/2015£9kA4A - The Green Volunteers Development Project
The National Lottery Community Fund28/10/2010£8kAttracting new Prospects Volunteers
The National Lottery Community Fund08/09/2005£229kto improve the quality of life of disadvantaged residents in Hyndburn

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HYNDBURN LEISURE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE PROSPECTS FOUNDATION£358k—0unclear—no doubt
HYNDBURN LEISURE FY2025£5.9m——unclear—material uncertainty
HOPE FOR THE FUTURE FY2024£422k—0above—no doubt
THE HARRY & MARY FOUNDATION FY2025£632k—0unclear—no doubt
RPD FOUNDATION FY2025£110k—0below—no doubt
Futureproof Cumbria FY2025£1.8m—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.